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Day: December 1, 2022

Global Power Rental Market to Generate Revenue of $13.08 Billion by 2028 | Power Rental is in a State of Flux

Global power rental market was valued at USD 9.09 billion in 2021 and it is expected to reach at USD 13.08 billion by 2028, at a CAGR of 4.6% over the forecast period (2022–2028). Westford, USA, Dec. 01, 2022 (GLOBE NEWSWIRE) — In recent years, the demand for power rental market has been growing steadily. This is due to a number of factors, including the increasing cost of electricity, the need for backup power during outages, and the growing popularity of renewable energy. Power rental provides a flexible and cost-effective solution for businesses and individuals who need additional power. There are a number of companies that offer power rental services, and the prices vary depending on the size of the unit and the length of time it is rented for. SkyQuest’s analysis of the power rental market shows that the market is growing...

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Global Seafood Market to Exceed Valuation of $195.93 Billion by 2028 | Seafood Premiumization is on the rise and Consumers are Willing to Pay More

Global seafood market was valued at USD 165.51 Billion in 2021, and it is expected to reach a value of USD 195.93 Billion by 2028, at a CAGR of 2.70% over the forecast period (2022-2028). Westford, USA, Dec. 01, 2022 (GLOBE NEWSWIRE) — In a recent report, SkyQuest has provided an in-depth analysis of the seafood market in terms of production, consumption and per capita spending. The global market to surpass revenue generation of $195.93 billion by 2028. The Asia-Pacific region is currently the largest market for seafood production, accounting for 40% of the global total. The region is also expected to be the largest market for seafood consumption by 2028, accounting for 60% of the global consumption. The demand for seafood market is on the rise globally. This is due to a number of factors, including population growth. As the world’s...

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Monarch Reports High-Grade Intersections at McKenzie Break, Including 35.9 g/t Au Over 0.5 m (1.6 ft), 28.2 g/t Au Over 0.66 m (2.2 ft), 17.2 g/t Over 0.9 m (2.9 ft) and 12.65 g/t Au Over 1.5 m (4.9 ft)

Monarch reports additional gold assays from its 2022 McKenzie Break drilling program.Notable high-grade, near-surface intersections include 35.9 g/t Au over 0.5 m (MK-22-353), 28.2 g/t Au over 0.66 m (MK-22-334), 17.2 g/t Au over 0.9 m (MK-22-357) and 12.65 g/t Au over 1.5 m (MK-22-335).The 2022 drilling program focused on expanding the proposed pit shell limits to the north and southwest.Since the publication of the 2021 mineral resource estimate (“MRE”), Monarch has drilled 41,424 m in 121 holes.MONTRÉAL, Dec. 01, 2022 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to report additional results from the 2022 drilling program on its wholly owned McKenzie Break gold project, located 25 kilometres north of the Corporation’s Beacon mill with a design capacity...

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Mirasol Advances Exploration to Refine Drill Targets at Flagship Sobek Copper Project in Chile

Table 1: Sobek Central – Green Wall Zone Select Rock Chip Grab Sample Results Note: Significant assay results from select rock chip grab and float samples collected from the exposed dyke structure.Table 2: Sobek Central – CLP Zone Select Rock Chip Grab Sample Results Note: Significant assay results from select rock chip grab and float samples collected from the exposed outcrop and subcrop.7 kilometers directly west of Filo Mining’s, Filo del Sol project Exploration program has commenced with access agreements in-place Drilling planned for Q1/Q2 2023 Anomalies generated from the 2021 aeromagnetic survey supported by high copper geochemical sample results Multi-percent copper values recovered from select rock chip grab samples at the “Green Wall” Zone Polymetallic geochemical anomaly at Central Breccia The Central Breccia...

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With 10.5% CAGR, Enterprise Data Management Market Worth USD 170.46 billion by 2029

According to Fortune Business Insights, the global Enterprise Data Management Market size is projected to reach USD 170.46 billion by 2029, at a CAGR of 10.5% during the forecast period, 2022-2029 Pune, India, Dec. 01, 2022 (GLOBE NEWSWIRE) — The global enterprise data management market size was valued at USD 78.01 billion in 2021. The market size is expected to rise from USD 84.55 billion in 2022 to USD 170.46 billion by 2029 at a CAGR of 10.5% during the projected period. Fortune Business Insights™ publishes this information in a report titled, “Global Enterprise Data Management Market Forecast, 2022-2029”. According to the report, the market is expected to rise during the forecast period due to several reasons, such as a growing requirement for data safety and the rising adoption of refined data tracking...

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With 29.5% CAGR, Digital Health Market Size worth USD 4,547.70 Billion in 2029

As per the report by Fortune Business Insights, the global digital health market size is projected to reach USD 4,547.70 Billion in 2029, at a CAGR of 29.5% during the forecast period, 2022-2029 Pune, India, Dec. 01, 2022 (GLOBE NEWSWIRE) — The digital health market size was valued at USD 548.08 billion in 2021. It is anticipated to touch USD 4,547.70 billion by 2029 at a CAGR of 29.5% during the forecast period. The market is booming at a considerable rate due to the growing use of advancing healthcare IT infrastructure to manage clinical workflow efficiently. Fortune Business Insights™ stated this in a report titled, “Digital Health Market, 2022-2029.” Industry Developments:November 2021- Gilead Sciences, Inc. teamed up with Amazon web services Inc. with an aim to deliver advanced innovative medicines for...

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Syncona Limited Portfolio Company Successfully Completes Tender Offer and Acquisition of Applied Genetic Technologies Corporation

GAINESVILLE, Fla. and CAMBRIDGE, Mass., Dec. 01, 2022 (GLOBE NEWSWIRE) — Applied Genetic Technologies Corporation (“AGTC” or the “Company”) (Nasdaq: AGTC), announced today the successful completion of the previously announced tender offer (the “Offer”) to purchase all of the issued and outstanding shares of common stock of AGTC by a portfolio company of Syncona Limited (LON: SYNC) (“Syncona”). The Offer, as extended, expired at 5:00 p.m., Eastern Time, on November 30, 2022, and the acquisition was completed through a merger under Section 251(h) of the General Corporation Law of the State of Delaware. Pursuant to the terms of the definitive merger agreement, AGTC stockholders are entitled to receive $0.34 per share in cash at closing, plus up to an additional $0.73 per share payable pursuant to contingent value rights (CVRs) upon...

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Bearing Lithium Provides Update on Plan of Arrangement With Lithium Power International

VANCOUVER, British Columbia, Dec. 01, 2022 (GLOBE NEWSWIRE) — (TSXV: BRZ) Bearing Lithium Corp. (the “Corporation” or “Bearing“) wishes to provide an update on its announced plan of arrangement (the “Arrangement“) with Lithium Power International Limited (“LPI“) (ASX:LPI) and LPI Canada Holdings Ltd. Bearing expects that, subject to the satisfaction of the remaining conditions to the completion of the Arrangement, including the closing of the MSB SpA transaction (the “Joint Venture Partner Transaction“) (as described in the press release dated October 31, 2022), the Arrangement is now expected to be completed during December 2022. The timeline above and the closing of the Arrangement and the Joint Venture Partner Transaction each remain subject to the remaining closing...

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Rogers Sugar Reports Solid Performance for the Fourth Quarter of 2022; Continued Sugar Segment Strength Drives Record 2022 Full Year Adjusted EBITDA

VANCOUVER, British Columbia, Dec. 01, 2022 (GLOBE NEWSWIRE) — Rogers Sugar Inc.’s (“our,” “we”, “us” or “Rogers”) (TSX: RSI) today reported fourth quarter fiscal 2022 results with consolidated adjusted EBITDA of $29.0 million and $102.1 million for the current quarter and the year, respectively. “Our Sugar segment continued to perform strongly in the fourth quarter of 2022, driving our highest full year adjusted EBITDA in our 135-year history,” said Mike Walton, President, and Chief Executive Officer of Rogers and Lantic Inc. “We generated another quarter of record sugar sales volumes in the fourth quarter as our flexible manufacturing platform allowed us to meet high demand and capture opportunistic sales in the domestic market. Despite supply chain challenges and inflationary pressures affecting both business segments, fiscal...

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Nano Dimension Announced Q3 2022 Revenue of $10M & Record Backlog

646% Higher over Q3 Last Year964% Higher YTD 2022 vs. Same Period 2021 Conference call to be held today at 9:00 a.m. EDT WALTHAM, Mass., Dec. 01, 2022 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), an industry leader in Additively Manufactured Electronics, additive PCB assembly & printhead drivers and software (AME), and a supplier of Additive Manufacturing machines and materials (AM), today announced financial results for the third quarter ended September 30th, 2022.  Nano Dimension reported revenues of $10M for the third quarter of 2022, an increase of 646% over the same quarter in 2021 and 10% less than Q2/2022. Moreover, the 3rd quarter of 2022 revenue run-rate indicates the potential for growth of approximately 300% in full year 2022 over 2021. If this occurs, the Company’s revenue...

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