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Day: December 23, 2022

Basilea announces regulatory approval of antifungal Cresemba® (isavuconazole) in Japan

Japanese regulatory authority granted marketing authorization to Basilea’s license partner, Asahi Kasei Pharma Intravenous and oral use of Cresemba approved for the treatment of adult patients with aspergillosis, mucormycosis, and cryptococcosisBasel/Allschwil, Switzerland, December 23, 2022 Basilea Pharmaceutica Ltd (SIX: BSLN), a commercial-stage biopharmaceutical company committed to meeting the needs of patients with severe bacterial and fungal infections, announced today that its license partner Asahi Kasei Pharma (“AKP”), has received the marketing authorization from the Ministry of Health, Labour and Welfare (MHLW) in Japan for Cresemba® (isavuconazole) for the treatment of adult patients with aspergillosis, mucormycosis, and cryptococcosis. Aspergillosis and cryptococcosis were recently listed by the World Health Organization...

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Harju Elekter concluded an agreement in Sweden for the renewal of the distribution substation

On 21 December 2022, Harju Elekter Group’s Swedish subsidiary Harju Elekter AB signed an agreement with Gävle Energi AB, for the upgrade of the distribution substation in Gävle with accompanying rebuilding and civil works of the project by February 2024. The total volume of the agreement is 1.6 million euros. This is yet another larger substation project for Harju Elekter AB in Sweden. Once completed, the station will contribute to meeting the need for electrical power, both for industrial and residential users. Gävle Energi AB is an energy company in the Gävle region, 170 km north of Stockholm, offering energy services, district heating and cooling. Harju Elekter is an international industrial group with extensive experience in providing future proof solutions for electrical power distribution. We engineer, manufacture, and install electrification...

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VILNIAUS BALDAI AB result for activity and non audited condensed interim consolidated financial statement for the three months of FY 2023

The Group revenue during the first quarter of FY2023 stood at 28 435 thousand EUR, while during the same period of FY2022 revenue was 26 847 thousand EUR. Net losses of the Group during the first three months were 579 thousand EUR, at the same period last year net losses were 1 903 thousand EUR. EBITDA was 992 thousand EUR, while a year ago it was negative and stood at -251 thousand EUR.Additional information:General managerJonas KrutinisPhone No: +370 5 2525700AttachmentsVILNIAUS BALDAI AB non audited results for the three months of FY 2023Responsible persons confirmation

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Adjustments to the structure of the group’s subsidiaries (Finland, Latvia)

As a result of a regular review of the structure of the AS Merko Ehitus group, it was decided to terminate the subsidiaries OY Merko Finland (Finland, construction and development) and PS “Merko Merks” (Latvia, joint offers for construction), 100% of which belong to the group, due to the lack of activity in those companies. At the same time, it was decided to establish construction company Merko Būve in Latvia, a subsidiary owned 100% by the group, in order to strengthen specialisation and brand unification. The terminations and foundations set out in the notice have negligible effect on the activities of as Merko Ehitus, nor are these transactions regarded as transactions with related parties within the meaning of the section “Requirements for Issuers” of the rules of the stock exchange organised by NASDAQ OMX Tallinn AS. Members of the...

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NXT Announces $2.32 Million Private Placement Offering of Which $1.79 Million Has Been Subscribed by Insiders

CALGARY, Alberta, Dec. 22, 2022 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTCQB: NSFDF) is pleased to announce it has received conditional approval from the Toronto Stock Exchange (the “TSX”) to offer a multi-tranche private placement (the “Private Placement”) under which the subscribers will be able to purchase up to 11,900,770 common shares of the Company at a price of $0.195 per share for total gross proceeds of approximately $2,320,650. As of December 22, 2022, the amount of $1,789,765 or 9,178,282 common shares have been subscribed for by participants in the Private Placement. The Company intends to complete the remaining $530,885 of the Private Placement by January 27, 2023. Common shares issued as a result of the Private Placement will be subject...

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Ero Copper Files Technical Report for Caraíba Operations

VANCOUVER, British Columbia, Dec. 22, 2022 (GLOBE NEWSWIRE) — Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) is pleased to announce the filing of its 2022 Technical Report for the Caraíba Operations, which includes information related to the increase in mineral reserves and mineral resources as previously announced on November 7, 2022. The Technical Report was prepared in accordance with the Canadian Securities Administrator’s National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and can be found on the Company’s website (www.erocopper.com) and on SEDAR (www.sedar.com). A copy of the Technical Report will also be filed on EDGAR. ABOUT ERO COPPER CORP Ero Copper Corp is a high-margin, high-growth, clean copper producer with operations in Brazil and corporate headquarters...

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Alamos Gold Announces Sale of Non-Core Royalties

TORONTO, Dec. 22, 2022 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has entered into an agreement to sell a portfolio of non-core royalties to Metalla Royalty & Streaming Ltd. (“Metalla”) (TSXV:MTA; NYSE American:MTA) for proceeds of USD$5.0 million in Metalla common shares. The portfolio being sold consists of three royalties and one silver stream, all of which are on assets not owned by Alamos. This includes a silver stream on the Esperanza project in Morelos, Mexico which was sold in April 2022, and royalties on the Fenn Gib South, Ronda, and Northshore West exploration stage projects located in Ontario, Canada. As consideration for the portfolio of royalties, Alamos will be receiving 939,355 Metalla common shares, valued at USD$5.0 million, or US$5.3228 per...

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Mesoblast and Oaktree Extend Availability Period of Undrawn Tranches of Financing Facility

NEW YORK, Dec. 22, 2022 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced that funds managed by Oaktree Capital Management, L.P. (“Oaktree”) have extended to Mesoblast the availability of up to an additional US$30.0 million of its US$90 million five year facility subject to achieving certain milestones on or before September 30, 2023. Mesoblast drew the first tranche of US$60 million in November 2021. The facility has a three-year interest only period, at a rate of 9.75% per annum, after which time 40% of the principal amortizes over two years and a final payment due November 2026. In consideration for the milestone extension period, Oaktree will receive warrants to purchase 455,000 American Depositary Shares (ADSs)1 at US$3.70...

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Cartier Silver Announces Closing of Its Previously Announced Financing

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 22, 2022 (GLOBE NEWSWIRE) — Cartier Silver Corporation (CSE:CFE) (“Cartier Silver” or the “Company”) is pleased to announce that it is has closed the final tranche of a previously announced (see Cartier Silver news releases dated November 22, 2022, December 15, 2022 and December 16, 2022) non-brokered private placement (the “Private Placement”) for additional proceeds of $999,500 pursuant to the offering of 10,000,000 units of Cartier Silver at a price of $0.40 per unit (“Units”) for aggregate gross proceeds of $4,000,000. A total of 2,498,750 Units were issued to investors in connection with the final closing of the Private Placement. Each of the 2,498,750 Units issued consists of one common share in the...

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Fitch Ratings Upgrades GCC’S Outlook to Positive, BBB- Rating Remains

CHIHUAHUA, Mexico, Dec. 22, 2022 (GLOBE NEWSWIRE) — GCC, S.A.B. de C.V. (BMV: GCC* or “the Company”), a leading producer of cement and concrete in the United States and Mexico, announces that the rating agency Fitch Ratings has affirmed the company’s credit rating at BBB- company, revising the outlook from stable to positive. The positive outlook reflects GCC’s prospects to continue to strengthen its financial and business position, while maintaining a solid capital structure. Today’s revision also reflects Fitch’s expectations that GCC will continue its strong free cash flow generation, which should help to fund its inorganic growth strategy, without significantly affecting leverage levels. Fitch’s report cites 4 major drivers in GCC’s outlook update, including:Strong leadership positions in the United States and Mexico Resilience...

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