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Month: March 2023

Endeavour Announces Renewal of Normal Course Issuer Bid

ENDEAVOUR ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID London, 20 March 2023 – Endeavour Mining plc (LSE:EDV, TSX:EDV, OTCQX:EDVMF) (“Endeavour” or the “Company”) has received approval from the Toronto Stock Exchange (“TSX”) to renew its Normal Course Issuer Bid (“NCIB”) for its share repurchase programme, in order to continue to supplement its minimum progressive dividend. Under the NCIB, Endeavour is entitled to repurchase up to 5% of its total issued and outstanding shares as of 14 March 2023, or 12,387,688 shares, during the 12 month period of the NCIB, and up to 25% of the average daily trading volume (“ADTV”) for the six months ended 28 February 2023, calculated in accordance with the rules of the TSX for purposes of the NCIB or 134,817 shares during each trading day, excluding purchases made in accordance with the block purchase...

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IMAC Holdings and Brain Scientific Announce a Strategic Merger to Create Synergistic End-To-End Neurological Solution

Combined company will provide total solutions, from diagnosis to treatment, for patients with neurological disorders including Parkinson’s, Alzheimer’s, and stroke BRENTWOOD, Tenn. and LAKEWOOD RANCH, Fla., March 20, 2023 (GLOBE NEWSWIRE) — via InvestorWire — IMAC Holdings, Inc. (“IMAC”) (Nasdaq: BACK), a regenerative rehabilitation company focused on treating musculoskeletal and neurodegenerative disease, and Brain Scientific, Inc. (“Brain Scientific”) (OTCQB:BRSF), a Florida-based applied science technology company, jointly announced today that they have executed a binding Letter of Intent to combine companies in a strategic merger-of-equals (the “Transaction”). Together, the companies would provide patients with true end-to-end neurological solutions using Brain Scientific’s diagnostic and motion technologies and...

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PDD Holdings Announces Fourth Quarter 2022 and Fiscal Year 2022 Unaudited Financial Results

DUBLIN and SHANGHAI, March 20, 2023 (GLOBE NEWSWIRE) — PDD Holdings Inc. (“PDD Holdings” or the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2022. Fourth Quarter 2022 HighlightsTotal revenues in the quarter were RMB39,820.0 million (US$15,773.4 million), an increase of 46% from RMB27,230.9 million in the same quarter of 2021.Operating profit in the quarter was RMB9,113.7 million (US$1,321.4 million), an increase of 32% from RMB6,907.0 million in the same quarter of 2021. Non-GAAP2 operating profit in the quarter was RMB11,600.1 million (US$1,681.9 million), an increase of 38% from RMB8,399.7 million in the same quarter of 2021.Net income attributable to ordinary shareholders in the quarter was RMB9,453.7 million (US$1,370.7 million),...

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Crown Crafts Acquires Manhattan Toy, a Leading Creator of Developmental Toys for Early Childhood

Acquisition expands and complements Crown Crafts’ toy offerings, customer base and international business GONZALES, La., March 20, 2023 (GLOBE NEWSWIRE) — Crown Crafts, Inc. (NASDAQ-CM: CRWS) (the “Company”) today announced that it has acquired Manhattan Group, LLC, doing business as Manhattan Toy, and its wholly owned subsidiary Manhattan Toy Europe. The acquisition expands Crown Crafts’ presence in the growing category of developmental toys for infants and toddlers. Manhattan Toy’s product offerings of plush, dolls and wooden toys will complement Crown Crafts’ existing line of Sassy toys. “The developmental toy category represents a tremendous growth opportunity as parents of young children turn away from electronics and toward more physical toys that bring joy, imagination and creativity to play,” said Olivia W. Elliott, President...

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AppTech Payments Corp. Reports Fourth Quarter and Fiscal Year 2022 Results

CARLSBAD, Calif., March 20, 2023 (GLOBE NEWSWIRE) — AppTech Payments Corp. (“AppTech”) (NASDAQ: APCX), an innovative Fintech company powering seamless, omni-channel commerce between businesses and consumers, today announced results for its fourth quarter and fiscal year ended December 31, 2022. The financial statements and 10-K are available on sec.gov. Fourth Quarter and Fiscal Year 2022 Financial Highlights4Q22 revenues were $108,000, an increase of 14% from 4Q21, driven by larger processing volumes. Fiscal year 2022 revenues were $450,000, an increase of 27% from fiscal year 2021, driven primarily by higher transaction volume and the onboarding of additional merchant accounts. Cash balance was $3.5 million as of December 31, 2022.Recent Business HighlightsLaunched Commerse, the first-to-market, cloud-based Commerce Experiences-as-a-Service...

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Aluf Holdings, Inc. Gives Update on BizzShieldPro Acquisition

FT. LAUDERDALE, Fla., March 20, 2023 (GLOBE NEWSWIRE) — Aluf Holdings, Inc. (“AHIX”) (“Aluf”) (OTC PINK: AHIX) is excited to announce that it is in the final stages of acquiring BizzShieldPro, a premier provider of discount medical programs and lifestyle services. This acquisition aligns with Aluf Holdings’ ongoing strategy of acquiring innovative businesses in the technology, finance, and business sectors. “We are thrilled to be close to finalizing the acquisition of BizzShieldPro,” said Sam Jakobs, CEO of Aluf Holdings. “Their innovative solutions for affordable healthcare services are in line with our mission acquire companies that have a positive impact on people’s lives. We believe that this acquisition will allow us to expand our reach in the healthcare industry and offer...

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With 5.5% CAGR, Beverage Packaging Market Size to Reach USD 220 billion by 2029

According to Exactitude Consultancy the Global Beverage Packaging Market value is expected to reach USD 220 billion by 2029, growing at a 5.5% CAGR of Between Forecast Period 2023 and 2029. Increasing Use of Bioplastics is a New Growth Trend; Soaring demand for effective packaging solutions to drive the market demand Luton, Bedfordshire, United Kingdom, March 20, 2023 (GLOBE NEWSWIRE) — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Beverage Packaging Market. The global beverage packaging market size is expected to grow at 5.5% CAGR from 2022 to 2028. It is expected to reach above USD 220 billion by 2028 from USD 136 billion in 2022. The global beverage packaging market is a large...

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Niu Technologies Announces Unaudited Fourth Quarter and Full Year 2022 Financial Results

— Fourth Quarter Revenues of RMB 612.3 million, down 37.9% year over year — Fourth Quarter Net Loss of RMB 37.1 million, compared to net income of RMB 47.6 million in the same period of last year — Full Year Revenues of RMB 3,168.6 million, down 14.5% year over year — Full Year Net loss of RMB 49.5 million, compared to net income of RMB 225.8 million in 2021 BEIJING, March 20, 2023 (GLOBE NEWSWIRE) — Niu Technologies (“NIU”, or “the Company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Financial HighlightsRevenues were RMB 612.3 million, a decrease of 37.9% year over year Gross margin was 22.5%, compared with 22.6% in the fourth quarter of...

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The Result of the Change Negotiations at Valoe: The Company Adjusts Its Operations with Temporary Layoffs

Valoe Corporation        Inside information 20 March 2023 at 09.55 (Finnish time)                                                                  At the beginning of March 2023, Valoe Corporation commenced change negotiations to adjust its operations after the company’s customer, Sono Motors GmbH (“Sono Motors”) announced it cancelled the Sion project. The change negotiations have been completed. In accordance with the outcome of the negotiations, Valoe will lay off its staff full-time and part-time for a maximum of 90 days. The layoffs will be implemented gradually to maintain the company’s production and operational capacity. Also, the management will be laid off. The measures will start immediately and generate savings of around EUR 0.3 million in the second quarter. There will be no redundancies. Valoe estimates...

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