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Month: April 2023

Teck and Agnico Eagle Announce Completion of the San Nicolás Copper-Zinc Project Joint Venture

VANCOUVER, British Columbia and TORONTO, April 06, 2023 (GLOBE NEWSWIRE) — Agnico Eagle Mines Limited (TSX and NYSE: AEM) (“Agnico Eagle”) and Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that the previously announced joint venture transaction between Teck and Agnico Eagle to advance the San Nicolás copper-zinc development project has closed. Teck and Agnico Eagle have entered into a joint venture shareholders agreement whereby Agnico Eagle, through a wholly-owned Mexican subsidiary, has agreed to subscribe for a 50% interest in Minas de San Nicolás, S.A.P.I. de C.V. (“MSN”) for US$580 million, to be contributed as study and development costs are incurred by MSN. For governance purposes, Agnico Eagle is deemed to be a 50% shareholder of MSN from closing, regardless of the number of shares...

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LumiraDx Announces Strategic Refocus and Cost Restructuring Program

LONDON, April 06, 2023 (GLOBE NEWSWIRE) — LumiraDx Limited (Nasdaq: LMDX), a leading global provider of point-of-care diagnostics testing solutions, today announced its Strategic Refocus and Cost Restructuring Program aimed at reducing its scale and operations to pre-pandemic levels and to further evolve LumiraDx into an agile organization with a clear focus on the areas with the greatest potential. The program is part of LumiraDx’s ongoing efforts to streamline strategic focus and operations, optimize its cost structure and position itself for sustainable growth in the post-pandemic world. The restructuring will enable LumiraDx to focus its resources on key strategic priorities, including commercializing the existing product portfolio, expanding its product offerings in the United States through upcoming regulatory submissions...

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Applied Digital Reports Fiscal Third Quarter 2023 Financial Results and Provides an Operational Update

Generated Sequential Revenue Growth of 14% DALLAS, April 06, 2023 (GLOBE NEWSWIRE) — Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder and operator of next-generation digital infrastructure that is designed for High Performance Computing (“HPC”) applications, today reported financial results for the fiscal third quarter of 2023 ended February 28, 2023. The Company also provided an operational update and outlook. Recent Financial and Operational HighlightsFiscal third quarter 2023 revenue of $14.1 million. Fiscal third quarter 2023 adjusted EBITDA of $0.9 million. Fiscal third quarter 2023 adjusted loss from continuing operations of $1.4 million, or adjusted loss per share of $0.01. Energized second co-hosting facility in Ellendale, North Dakota in early...

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Man Group PLC : Form 8.3 – Hyve Group plc- Amendment

        Amendment to section 3. b        FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: Man Group PLC(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree Hyve Group plc(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)   Date position held/dealing undertaken:        For...

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Constellation Brands Reports Fiscal Year and Fourth Quarter 2023 Financial Results and Fiscal Year 2024 Outlook

VICTOR, N.Y., April 06, 2023 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, reported today its fiscal year and fourth quarter 2023 financial results and fiscal year 2024 outlook. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Bill Newlands, and Chief Financial Officer, Garth Hankinson, on Thursday, April 6, 2023 at 10:30 a.m. EDT. Visit ir.cbrands.com to locate information for joining the conference call, or a live, listen-only webcast of the conference call. ABOUT CONSTELLATION BRANDSConstellation Brands (NYSE: STZ) is a leading international producer and marketer of beer, wine, and spirits with operations in the U.S., Mexico, New Zealand, and Italy. Our mission is to build brands that people love because we...

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EDAP Announces Regulatory Clearance of ExactVu Micro-Ultrasound in Japan

Allows for market launch of the only micro–ultrasound platform for precision prostate biopsies LYON, France, April 6, 2023 — EDAP TMS SA (Nasdaq: EDAP) (“the Company”), a global leader in robotic energy-based therapies, today provided a regulatory and clinical update. The Company has received approval from the Pharmaceutical and Medical Devices Agency (“PMDA”) for the commercialization of the ExactVu™ micro-ultrasound biopsy platform in Japan. “We are pleased to announce the approval of the ExactVu system in Japan,” said Marc Oczachowski, Chief Executive Officer and Chairman of the Board of EDAP TMS. “The Japanese market is the second largest market for advanced medical device technology in the world, and prostate cancer is the most common cancer diagnosis in Japanese men. Each year, there are over 100,000 newly diagnosed...

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NanoXplore Appoints Joseph Peter, Former CFO of Nissan Motor Corporation, to Its Board of Directors

MONTREAL, April 06, 2023 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore” or “the Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, appointed Mr. Joseph G. Peter as the newest member of its Board of Directors. Mr. Peter brings a wealth of experience and expertise to the Board, having spent more than 35 years working in the automotive industry. He was previously the Chief Financial Officer (CFO) for Nissan Motor Corporation from 2009 to 2018. Prior to joining Nissan, he spent 25 years at General Motors Corporation and served in a number of executive roles including as CFO of General Motors North America and International Operations. As CFO of Nissan, Mr. Peter had a wide-ranging role that encompassed responsibility for the full financial strategy of the company, working closely with operational and regional...

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Iris Energy Announces Monthly Investor Update for March 2023

Figure 1 Childress – 345kV substation infrastructureFigure 2 Childress – 20MW data center structural and mechanical installation completeFigure 3 Childress – students at the 4-H robotics clubFigure 4 Childress – high school basketball team attending a Spurs gameDaily average operating hashrate chart Daily average operating hashrate chartOperating capacity increased by 79% to 3.1 EH/s Ramp up on track to 5.5 EH/s 600MW Childress substation nearing energization SYDNEY, Australia, April 06, 2023 (GLOBE NEWSWIRE) — Iris Energy Limited (NASDAQ: IREN) (“Iris Energy” or “the Company”), a leading owner and operator of institutional-grade, highly efficient proprietary Bitcoin mining data centers powered by 100% renewable energy, today published a monthly investor update for March 2023, containing...

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Tims China Announces Fourth Quarter and Full Year 2022 Financial Results

Total Revenues Increased 34.6% Year-over-Year for the Fourth Quarter and57.2% Year-over-Year for the Full Year 2022 131 Net New Store Openings During the Fourth Quarter,617 System-Wide Stores at Year-End 11.3 Million Registered Loyalty Club Members at Year-End,Representing 88.5% Year-over-Year Growth Adjusted Store EBITDA Margin Increased 0.6 Percentage Points to 4.7% Continued Recovery: 17.1% Same-store Sales Growth for Company Owned and Operated Stores in February 2023 SHANGHAI and NEW YORK, April 06, 2023 (GLOBE NEWSWIRE) — TH International Limited (Nasdaq: THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2022. FOURTH QUARTER 2022 HIGHLIGHTSTotal revenues were RMB301.5 million...

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Revolution Medicines to Present Preclinical Data at the Upcoming American Association for Cancer Research Annual Meeting 2023

REDWOOD CITY, Calif., April 06, 2023 (GLOBE NEWSWIRE) — Revolution Medicines, Inc. (Nasdaq: RVMD), a clinical-stage oncology company developing targeted therapies for RAS-addicted cancers, today announced the company and its collaborators will present preclinical data at the upcoming American Association for Cancer Research (AACR) Annual Meeting 2023 being held April 14-19, 2023, in Orlando, Florida. Details of the planned presentations are listed below: Revolution Medicines Oral Presentations:Title:   Discovery of RMC-6291, a tri-complex KRASG12C(ON) inhibitorPresenter:    Jim Cregg, Ph.D.Abstract Number:   ND07Session:    New Drugs on the Horizon: Part 2Date/Time:    3:45 – 4:00 p.m. Eastern on April 16, 2023Title:    RMC-9805, a first-in-class, mutant-selective, covalent and orally bioavailable KRASG12D(ON)...

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