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Day: December 5, 2023

Amicus Therapeutics Congratulates Executive Chairman John F. Crowley on Appointment as Next President and CEO of BIO

Crowley to Step Down from Amicus Board of Directors in March 2024 and Become Amicus Chairman Emeritus Michael Raab, Current Lead Independent Director, to Become Chairman of Amicus Board of Directors PRINCETON, N.J., Dec. 05, 2023 (GLOBE NEWSWIRE) — Amicus Therapeutics (Nasdaq: FOLD) today announced that John F. Crowley, Executive Chairman of Amicus Therapeutics, will step down from the Amicus Board of Directors and assume the role of President and Chief Executive Officer of BIO, the Biotechnology Innovation Organization, effective March 4, 2024. Michael Raab, Lead Independent Director, will become the Chairman of the Amicus Board of Directors. BIO is based in Washington, DC and is the world’s largest biotechnology policy and advocacy association, representing the entire biotechnology industry, with over 1,200 member organizations...

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Hepsiburada Announces Third Quarter 2023 Financial Results

ISTANBUL, Türkiye, Dec. 05, 2023 (GLOBE NEWSWIRE) — D-MARKET Electronic Services & Trading (d/b/a “Hepsiburada”) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as “Hepsiburada” or the “Company”), today announces its unaudited financial results for the third quarter ended September 30, 2023. Restatement of financial information: Pursuant to the International Accounting Standard 29, Financial Reporting in Hyperinflationary Economies (“IAS 29”), the financial statements of entities whose functional currency is that of a hyperinflationary economy must be adjusted for the effects of changes in a general price index. Turkish companies reporting under International Financial Reporting Standards (“IFRS”), including the Company, have been required to apply IAS 29 to their financial statements for periods...

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ZeroFox Announces Third Quarter Fiscal Year 2024 Financial Results

Reports Record Annual Recurring Revenue and Quarterly Revenue while Generating Positive Free Cash Flow WASHINGTON, Dec. 05, 2023 (GLOBE NEWSWIRE) — ZeroFox Holdings, Inc. (Nasdaq: ZFOX), an enterprise software-as-a-service leader in external cybersecurity, today announced financial results for the third quarter ended October 31, 2023. “Q3 was another positive quarter for ZeroFox where we experienced strong top line growth while also generating positive free cash flow for the second consecutive quarter” said James C. Foster, Chairman and CEO of ZeroFox. “Our results validate that customers are increasingly seeking a converged, external cybersecurity platform to address complex, evolving cyber threats outside the perimeter. We believe we are the only AI-enabled platform that successfully combines Digital Risk Protection, Threat Intelligence,...

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G2 Goldfields drills 1275 g/t Au over 0.8 m & 53 g/t Au over 5.7 m

TORONTO, Dec. 05, 2023 (GLOBE NEWSWIRE) — G2 Goldfields Inc. (“G2” or the “Company”) (TSXV: GTWO; OTCQX: GUYGF) announces additional high grade gold intercepts from the Company’s ongoing drill program at the 19,200-acre OKO Project, Guyana. G2 currently has five diamond drill rigs operating on the project. Highlights from the current round of exploration results include:13.0g/t Au over 8.9 m (HOLE 180)AND 1275.1 g/t Au over 0.8 m           53.1g/t Au over 5.7 m (HOLE 181W2)         36.8g/t Au over 4.0 m (HOLE 181W2A)         5.6g/t Au over 6.2 m (HOLE 182)AND 14.4 g/t Au over 3.6 m  The intercepts reported are down-hole widths. True widths are estimated between 58% and 91% of reported down-hole widths. Weighted average grades are calculated based on un-capped gold assays, as...

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GFG Significantly Expands Montclerg Gold System at Depth with 12.8 Metres of 4.79 g/t Gold from a 150-metre Step-Out Hole

Figure 1: Regional Map of GFG Gold Projects in the Timmins Gold DistrictGFG Gold Projects in the Timmins Gold DistrictFigure 2: Goldarm Property Plan View MapGFG Resources Inc. Goldarm Property MapFigure 3: Montclerg Gold Project Plan View MapMontclerg Gold Project Plan View MapFigure 4: Montclerg Gold Project MC Central Plan View MapMontclerg Gold Project MC Central Plan View MapFigure 5: Montclerg Gold Project Cross Section MapCross Section Map of the Montclerg Gold DepositFigure 6: MTC-23-059 High Grade Gold Zone (424.2 m to 437.0 m)GFG Drill Hole Photo MTC-23-059 High Grade Gold Zone (424.2 m to 437.0 m)KEY HIGHLIGHTS:Hole MTC-23-059, a 150-metre step-out hole down-dip, returned 4.79 grams of gold per tonne (“g/t Au”) over 12.8 metres (“m”) including 10.05 g/t Au over 4.3...

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Canadian Credit Market Reaches Record High Participation

Graph 1: Canadian Credit Industry Indicator(i) A lower CII number compared to the prior period represents a decline in credit health, while a higher number reflects an improvement. The CII number needs to be looked at in relation to the previous period(s) and not in isolation. In September 2023, the CII of 107.7 represented an improvement in credit health compared to the same month prior year (September 2022) and a slight increase in credit health compared to the prior quarter (June 2022).Total Canadian credit active consumers holding at least one credit product at an all time high of 31.2 million. While average credit card balance per consumer rose due to higher cost of living, the number of consumers paying more than the monthly minimum dropped by 311 bps YoY. While consumer-level delinquencies at 1.55% are up by 12 bps YoY,...

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PrairieSky Appoints Glenn McNamara to Board of Directors

CALGARY, Alberta, Dec. 05, 2023 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce the appointment of Glenn McNamara to the Board of Directors effective December 4, 2023. “We are pleased to welcome Glenn to our Board of Directors. His business and industry expertise, leadership skills and extensive experience in royalties make him an ideal addition to the Board,” said James Estey, Chair of the Board. “We look forward to Glenn’s contributions as we continue to execute on our strategy.” Mr. McNamara is a Professional Engineer with more than forty years of oil and gas exploration and production experience in progressively more senior roles in Canada and across a variety of international regions, including South America, the United...

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Judy Krandel Joins Beam Global Board of Directors

Judy Krandel Joins Board of Beam GlobalJud Krandel joins Beam Global’s board of directors as an independent board member and Chair of the Audit Committee, with an impressive track record in strategic planning and financial leadership. She brings more than 20 years of experience in asset management, investment, operations, financial reporting and oversight, as well as formal accounting expertise. She has successfully leveraged new technologies to drive company growth while building public market capitalization and enterprise value. Additionally, Ms. Krandel has been responsible for developing strategies for capital allocation, internal growth and M&A. Ms. Krandel’s previous board membership experience includes public companies: Lincoln 1st Bancorp, Cynergistek and Snap Interactive.SAN DIEGO, Dec. 05, 2023 (GLOBE NEWSWIRE)...

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Macerich Completes $710 Million Refinancing of Tysons Corner Center

Tysons Corner Center ExteriorTysons Corner Center in VirginiaTysons Corner Center, A Macerich PropertyTysons Corner Center, A Macerich PropertySANTA MONICA, Calif., Dec. 05, 2023 (GLOBE NEWSWIRE) — Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of major retail and mixed-use properties in top markets, today announced that Macerich’s joint venture that owns Tysons Corner Center has just closed a $710 million refinance on this high-quality property in Northern Virginia. The new CMBS loan, which closed on Monday, Dec. 4, bears a fixed interest rate of 6.60% with interest-only payments throughout the loan term, matures on Dec. 6, 2028, and replaces an existing $666 million loan that was scheduled to mature on Jan. 1, 2024. Tysons Corner Center is a 1.8 million square foot, super-regional...

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Fennec Announces Incremental $5 Million Investment from Petrichor

~ Supports Strategic Discussions and Global Launch Activities ~ ~ Extends Access to Additional Undrawn Capital As Needed During Global PEDMARK® Rollout ~ ~ Facilitates Market Expansion into the Adolescent and Young Adult (AYA) Patient Population ~ RESEARCH TRIANGLE PARK, N.C., Dec. 05, 2023 (GLOBE NEWSWIRE) — Fennec Pharmaceuticals Inc. (NASDAQ: FENC; TSX: FRX), a commercial stage specialty pharmaceutical company focused on improving the lives of children with cancer, today announced the third closing of $5 million senior secured promissory notes under the existing agreement with Petrichor. The original investment agreement provided access to up to $20 million of additional financing through December 31, 2023. As part of this closing, Fennec and Petrichor have amended the agreement to provide access to up to $15 million of additional...

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