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Year: 2023

Vidac Pharma reports in vitro results showing VDA-1275 compatible with classical chemotherapy

Novel cancer cell metabolism regulator to progress into IND enabling studies London (UK), Rehovot (Israel), 29 November 2023, 7:00 am CET  – Vidac Pharma Holdings Plc. (Hamburg and Stuttgart: T9G; ISIN:GB00BM9XQ619; WKN: A3DTUQ), a clinical-stage oncology biopharmaceutical company, today announced results from an in vitro study of VDA-1275 in combination with chemotherapeutic agents to treat solid tumors, using a human cell culture that mimics most aspects of human tumors. In the study, VDA-1275, a potent small molecule that reverses the cancer cell hyper glycolytic metabolism (Warburg effect), showed both antiproliferative properties and an increase in cell death in multiple tumor types. “These new in vitro data suggests that VDA-1275 is highly potent against a broad range of tumor types, both as a stand-alone but also in combination...

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IMCD China enters the lubricants market with the acquisition of Guangzhou RBD Chemical

Photo – IMCD China enters the lubricants market with the acquisition of Guangzhou RBD ChemicalPhotographed: Mr Xiang, President of RBD (left) and Joe Cao, Commercial Director of IMCD China (right)ROTTERDAM, The Netherlands (November 29, 2023) – IMCD N.V. (“IMCD” or “Company”), a global leading distribution partner, formulator of speciality chemicals and ingredients, today announces that IMCD has signed an agreement to acquire the business of the speciality distribution company Guangzhou RBD Chemical Co., Ltd. in China (“RBD”). Established in 2004, RBD focuses mainly on the lubricant additives and represents leading global suppliers. It is based in Guangzhou, China, and generated a revenue of approximately CNY 75 million (ca. EUR 10 million) in 2022. It has 12 employees. “The lubricants...

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Magnite Research Highlights Opportunity for Brands Amidst Growth of Ad-supported Streaming in Indonesia

69% of TV viewers in Indonesia watch ad-supported streaming JAKARTA, Indonesia, Nov. 28, 2023 (GLOBE NEWSWIRE) — Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising company, today unveiled its latest research study, “Streaming TV’s New Era: Embracing Ad-supported Streaming Across Screens in Indonesia.” The research finds that ad-supported streaming in Indonesia continues to gain momentum and 69% of TV viewers in Indonesia watch ad-supported streaming. According to the study, streamers in Indonesia spend an average of two hours a day watching streaming content and demonstrate high levels of cross-device viewing habits. While smartphones are the primary device used to consume TV content, 61% of ad-supported viewers watch on smart TVs always or most of the time in a typical week. Their cross-screen engagement...

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Verve Therapeutics Announces Pricing of Public Offering of Common Stock and Concurrent Private Placement

BOSTON, Nov. 28, 2023 (GLOBE NEWSWIRE) — Verve Therapeutics, Inc. (Nasdaq: VERV), a clinical-stage biotechnology company pioneering a new approach to the care of cardiovascular disease with single-course gene editing medicines, today announced the pricing of an underwritten public offering of 12,500,000 shares of its common stock at a public offering price of $10.00 per share, for total gross proceeds of $125.0 million, before deducting underwriting discounts and commissions and other offering expenses payable by Verve. All of the shares in the public offering are being sold by Verve. In addition, Verve has granted the underwriters a 30-day option to purchase up to 1,875,000 additional shares of its common stock at the public offering price, less the underwriting discounts and commissions. Concurrent with the public offering, Verve...

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Voxtur Announces Financial Results for Q3 2023 Ended September 30, 2023

Q3 2023 Highlights:Q3 2023 Revenue1 decreased 9% compared to Q2 2023 Q3 2023 Gross Profit1 decreased 10% compared to Q2 2023 Q3 2023 Adjusted EBITDA1 increased 80% compared to Q2 2023TORONTO and TAMPA, Fla., Nov. 28, 2023 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced its financial results for the three and nine months ended September 30, 2023. The Company’s Unaudited Condensed Interim Consolidated Financial Statements for Q3 2023 and the related Management’s Discussion and Analysis (“MD&A”) are available at www.sedarplus.ca and at www.voxtur.com. “I am delighted to share our latest financial results, marking a pivotal moment in our journey toward...

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Bitfarms Announces Closing of C$60 Million Private Placement with U.S. Institutional Investors

TORONTO, Ontario and BROSSARD, Québec, Nov. 28, 2023 (GLOBE NEWSWIRE) — Bitfarms Ltd. (NASDAQ: BITF//TSX: BITF), a global vertically integrated Bitcoin mining company, is pleased to announce that it has closed its previously announced private placement of equity securities (the “Offering”). The Offering was for gross proceeds of approximately C$60 million and consisted of the sale of 44,444,446 common shares, along with warrants to purchase an aggregate of up to 22,222,223 common shares, at a purchase price of C$1.35 per common share and associated one-half warrant. The warrants have an exercise price of C$1.61 (US$1.17) per common share and exercise period of three years (through November 28, 2026). The funds were raised via a fully subscribed private placement of equity securities among U.S. institutional investors. H.C. Wainwright...

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Challenging conditions to persist, but expectation of clearer rate outlook and tightening bid-ask spreads on the horizon

Industrial & logistics, multifamily, and office remain top picks for 2024 with investors deploying new strategies in each sectorColliers 2024 Global Investor OutlookA comprehensive, in-depth look at the trends set to dominate the commercial real estate investment market and where opportunities can be found in the year ahead.LONDON and TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) — The 2024 Global Investor Outlook released by Colliers (NASDAQ and TSX: CIGI) today reveals that challenging market conditions will persist into 2024, though expectations of a clearer rate outlook and tightening bid-ask spreads are on the horizon. Lower investment activity has constrained pricing discovery due to limited data points. As investors continue to seek stability in policy environments, industrial & logistics (I&L), multifamily...

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Canadian Spirit Resources Inc. Announces the Reactivation of Natural Gas Production at Farrell Creek, Northeast British Columbia, and the First Quarter September 30, 2023 Financial Results

CALGARY, Alberta, Nov. 28, 2023 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the reactivation of natural gas production at Farrell Creek, Northeast British Columbia and the release of its unaudited interim financial statements (the “Financial Statements”) and management discussion and analysis (“MD&A”), each for the three month period ended September 30, 2023. Reactivation Of Joint Venture Production At Farrell Creek In June 2023, the Corporation and its joint venture partner opted to shut-in its Farrell Creek natural gas processing facility and associated Montney wells as a result of negative netback caused by low natural gas prices at Station 2. The Corporation’s joint venture Montney wells were returned to production on November 17, 2023. Based on the...

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Quisitive Announces Sale of PayiQ

TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) — Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft solutions provider and payments solutions provider, announced that it has entered into a definitive stock purchase agreement dated November 28, 2023 with Fulcrum IT Partners (“Fulcrum”) pursuant to which Quisitive has agreed to sell its LedgerPay, Inc (“PayiQ”) subsidiary which includes the PayiQ cloud-enabled payment processing platform, operations and team (the “Transaction”). The details of the Transaction are set forth in a definitive share purchase agreement between the Company, a wholly-owned subsidiary of the Company, and a wholly-owned subsidiary of Fulcrum (“Fulcrum Payments”), that was negotiated at arm’s length. Completion of the Transaction is subject to a...

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Clip Money Inc. Reports Third Quarter 2023 Results

TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) — Clip Money Inc. (TSX-V: CLIP) (“Clip” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce its financial results for the three and nine-month periods ended September 30, 2023. Clip Money’s performance in third quarter of 2023 (“Q3”) was highlighted by an acceleration of enterprise customers making regular deposits through the network. The Company validated the acute need for businesses to find a modern and alternative approach to managing cash versus the status quo, including the bank branch or legacy armored carrier service. Transaction volumes and additional enterprise customers onboarded by the Company in Q3 create a tailwind for the balance of 2023 and a springboard into 2024. The Company is also encouraged by the...

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