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Year: 2022

REC Silicon – Appoints new CFO

9 October 2022: REC Silicon ASA (“REC” or the “Company”) is pleased to announce that Mr. Jeong Ryul Yun has been appointed as the new Chief Financial Officer of the REC group. Mr. Yun has more than 25 years of experience from financial and managerial positions within the Hanwha group, focusing on executive management, financial reporting and control, and business development and strategy. He was most recently Executive Vice President of Hanwha Solutions / Q-cells, and prior to that Head of Business Development of Hanwha Corporation/Global. Kurtis Levens, President and CEO of REC Silicon, said: “I am very pleased to have Mr. Yun join the REC executive management team. He has a very strong financial background, which he combines with relevant international sector experience. I believe his experience and background...

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Capgemini acquires Quorsus to reinforce its capital markets service offerings

Media relations:Sam ConnattyTel.: +44 (0)370 904 3601 sam.connatty@capgemini.com Investor relations:Vincent BiraudTel.: +33 1 47 54 50 87vincent.biraud@capgemini.com Capgemini acquires Quorsus to reinforce its capital markets service offerings Paris, October 10, 2022 – Capgemini announced today the acquisition of Quorsus, a UK–based firm specializing in consultancy services to financial institutions in post-trade technologies, operations, regulatory solutions, and market infrastructure. Its specific industry focus and expertise will allow Capgemini to further support its capital markets clients in addressing not only increasing regulatory requirements, but the need for strategic yet efficient operations across the trading lifecycle. Headquartered in London, the team at Quorsus works across the financial ecosystem, applying their...

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Proactive news headlines including Hygrovest Ltd, Anteris Technologies, Core Lithium and Northern Minerals

Sydney, Oct. 10, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Hygrovest Ltd (ASX:HGV) has significantly outperformed a declining Canadian cannabis market, with the investment holding group’s net asset value (NAV) decreasing 40% for the year ended 30 June 2022, compared to an 81% decline in the benchmark over the same period. Click here Anteris Technologies Ltd (ASX:AVR, OTC:AMEUF) has boosted its coffers by A$1.6 million after receiving a refund under the Australian Government’s Research and Development (R&D) Tax Incentive Scheme. Click here Core Lithium Ltd (ASX:CXO) will today officially open the Finniss Lithium Mine, making it the first lithium mine in production in the Northern Territory and Australia’s...

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TGS Q3 2022 Revenue Update

OSLO, Norway (10 October 2022) – Based on preliminary reporting from operating units, TGS management expects net revenues for Q3 2022 to be approximately USD 135 million, compared to USD 200 million in Q3 2021. Net POC revenues* are expected to be approximately USD 119 million, compared to USD 61 million in Q3 2021. Kristian Johansen, CEO at TGS, commented: “With approximately half of revenues made up by late sales, the strong underlying development from the first half of the year continued in the third quarter. Furthermore, I’m pleased to see that cash flow remains robust. The net cash position was close to USD 200 million on 30 September, despite the proceeds for the ION and Prediktor transactions being paid during the quarter.” TGS will release its Q3 2022 results at approximately 07:00 CEST on 27 October 2022. CEO Kristian Johansen...

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FEMSA completes acquisition of Valora

Initiation of squeeze-out and delisting procedures for Valora shares MONTERREY, Mexico and MUTTENZ, Switzerland, Oct. 10, 2022 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”; BMV: FEMSAUBD.MX; FEMSAUB.MX; NYSE: FMX) today announces the settlement of its public tender offer (“Offer”) by FEMSA’s wholly-owned subsidiary Impulsora de Marcas e Intangibles, S.A. de C.V., for all publicly held registered shares of Valora Holding AG (“Valora”; SIX: VALN). As expected, the transaction was completed successfully on October 7, 2022. FEMSA currently holds 97.77% of the share capital of Valora and intends to initiate a squeeze-out procedure and request the cancellation of the remaining publicly held shares. FEMSA further intends to delist the Valora shares from trading on SIX Swiss Exchange. Daniel Alberto Rodríguez...

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Functional Food and Beverage Market Size to Hit USD 529.66 Billion by 2028 | CAGR of 9.5%

Key companies covered in functional foods and beverages market are The Coca-Cola Company (Georgia, United States), Celsius Holding, Inc. (Florida, United States), PepsiCo Inc. (New York, United States), Glanbia Plc (Kilkenny, Ireland), Nestle S.A. (Vevey, Switzerland), Arla Foods amba (Viby, Denmark), Hearthside Food Solutions LLC (Illinois, United States), Tyson Foods Inc. (Arkansas, United States), General Mills Inc. (Minnesota, United States), Danone S.A. (Paris, France) & other. Pune, India, Oct. 10, 2022 (GLOBE NEWSWIRE) — The global functional food and beverage market size is projected to reach USD 529.66 billion by 2028, exhibiting a CAGR of 9.5% during the forecast period. According to a recent report by Fortune Business Insights™, titled “Functional Food and Beverage Market, 2021-2028”, the market’s value stood at...

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AUCloud launch Australia’s first Sovereign Quantum-Safe Encryption Service powered by Arqit Quantum Cloud™

CANBERRA, Australia, Oct. 10, 2022 (GLOBE NEWSWIRE) — Sovereign Cloud Australia Pty Ltd (“AUCloud”), a leader in sovereign Infrastructure-as-a-Service (IaaS) and Arqit Quantum Inc. (Nasdaq: ARQQ, ARQQW) (“Arqit”), a leader in quantum-safe encryption, are pleased to announce general availability of the Asia Pacific region’s first Quantum Safe Symmetric Key Agreement Software. Powered by Arqit’s QuantumCloud™, the service is available now from AUCloud as a Platform as a Service (PaaS), enabling quantum-safe encryption capability for the Australian market and near-Region customers. The service enables governments and enterprises to protect today against “Harvest Now, Decrypt Later” quantum computing attacks and greatly improve the security of a variety of IoT, defence and financial services applications, which is unachievable with...

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PyroGenesis Announces that the Negotiation for the Land-Based System to Destroy PFAS Contract has been Suspended and Discontinued

MONTREAL, Oct. 07, 2022 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions to reduce greenhouse gases (GHG) and address environmental pollutants, announces today that, further to its press release dated October 28, 2021, the negotiation for the land-based system to destroy Perfluoroalkyl and Polyfluoroalkyl Substances (“PFAS”) contract has been suspended and discontinued. On October 28, 2021, it was announced that PyroGenesis, after a competitive bidding process, had been selected to provide its plasma based thermal process equipment in a two-phase project geared to providing a land-based...

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United Hunter Oil & Gas Corp. Announces Mailing of Circular and Updates Regarding Securityholder Meeting and Transaction With Bocana Resources Ltd.

CALGARY, Alberta, Oct. 07, 2022 (GLOBE NEWSWIRE) — (TSXV: UHO) United Hunter Oil & Gas Corp. (the “Corporation” or “UHO“) announced today that a joint information circular (the “Circular“) and other materials (the “Meeting Materials“) will be mailed to the holders of the Corporation’s common shares (“UHO Shares“), in connection with the previously announced meeting of the shareholders of UHO (“UHO Shareholders“) scheduled to be held on November 4, 2022 at 10:00 a.m. (Calgary time) (the “UHO Meeting“), to approve the amalgamation (the “Amalgamation“) as previously announced and agreed to pursuant to the amalgamation agreement dated March 26, 2021, as amended (the “Amalgamation Agreement“) between the Corporation,...

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First Bancshares, Inc. Announces Third Quarter 2022 Results

MOUNTAIN GROVE, Mo., Oct. 07, 2022 (GLOBE NEWSWIRE) — First Bancshares, Inc. (OTCQX: FBSI) (“Company”), the holding company for Stockmens Bank (“Bank”), today announced its financial results for the quarter ended September 30, 2022. For the quarter ended September 30, 2022, the Company reported net income, of $1,667,000 or $0.68 per share-diluted, compared to $1,335,000, or $0.52 per share-diluted for the comparable period in 2021. Year to date the Company reported net income of $4,088,000 or $1.67 per share compared to $3,715,000 or $1.43 per share the same period 2021. Year to date changes from the nine months ended September 30, 2021 include a $1,031,000 increase in net interest income after provisions for loan losses, along with a $135,000 increase in non-interest income, offset by a $762,000 increase in non-interest expense,...

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