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Year: 2023

Medigene amends 2023 financial guidance

Planegg/Martinsried, November 21, 2023 The Executive Management Board of Medigene AG (Medigene or the “Company”, FSE: MDG1, Prime Standard), an immuno-oncology platform company focusing on the discovery and development of T cell immunotherapies for solid tumors, today adjusted financial guidance for fiscal year 2023. The Company maintains its guidance on expected revenues to be between EUR 5 and 7 million in 2023 (unchanged). The Company continuously optimizes its resource allocation based on business demands. Due to the challenging capital markets environment, the Company focuses on careful cost management and resource allocation. Based on the strategic prioritization of its portfolio together with an optimization of its resource allocation, the Company expects to extend its cash runway into the first quarter of 2025 (previously fourth...

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AIM ImmunoTech Completes Treatment of Last Subject in Phase 2 Study Evaluating Ampligen® for the Treatment of Post-COVID Conditions

No severe adverse events reported to date Topline data expected as early as Q1 2024 OCALA, Fla., Nov. 21, 2023 (GLOBE NEWSWIRE) — AIM ImmunoTech Inc. (NYSE American: AIM) (“AIM” or the “Company”) today announced the last subject has completed treatment in the Company’s Phase 2 study evaluating Ampligen® as a potential therapeutic for people with the Post-COVID condition of fatigue (“AMP-518”). AIM Chief Executive Officer Thomas K. Equels commented, “With dosing now complete, our AMP-518 focus turns to the next milestone of being able to report topline study data as soon as it is available. We continue to believe in the potential of Ampligen to provide a much-needed therapeutic option to treat Long COVID with chronic fatigue-like symptoms. Post-COVID conditions have emerged as a serious public health threat and a clear public need.” As...

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Hydrogen Electrolyzer Market Size Worth USD 3901.7 Million in 2032 | Emergen Research

Rising government initiatives to promote hydrogen production major factor driving Hydrogen Electrolyzer market revenue growth Vancouver, Nov. 21, 2023 (GLOBE NEWSWIRE) — The global hydrogen electrolyzer market size is expected to reach USD 3901.7 Million in 2032 and register a steady revenue CAGR of 24.2% over the forecast period, according to the latest analysis by Emergen Research. Rising government initiative to promote hydrogen production is another major factor driving the market revenue growth. Electrolysis stands as a prominent method for hydrogen production, aligning with the goal of the Hydrogen Energy Earthshot initiative. The aim is to reduce the cost of clean hydrogen by 80%, bringing it down to USD 1 per kilogram within a decade. Hydrogen generated through electrolysis has the potential to yield no greenhouse gas emissions,...

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TD Bank Appointed Lead Arranger, Mont Sorcier Project

ROUYN-NORANDA, Quebec, Nov. 21, 2023 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf and Quotrix Düsseldorf Stock Exchanges and GLBXF – OTCQX International in the US) is pleased to inform shareholders of progress reported by Cerrado Gold Inc. (CERT-TSXV) on Globex’s Mont Sorcier iron royalty property located just east of Chibougamau, Quebec. Cerrado have reported that “further to the October 18, 2023 announcement in relation to potential Export Credit Agency (“ECA”) Support Program Financing of up to $598 million, the Company has appointed the Toronto Dominion Bank (“TO”) as the MLA for the Mont Sorcier Iron and Vanadium Project located in Quebec. As announced on September 5th, the Company...

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TD Bank Appointed Lead Arranger, Mont Sorcier Project

ROUYN-NORANDA, Quebec, Nov. 21, 2023 (GLOBE NEWSWIRE) — Chibougamau Independent Mines Inc. (CBG-TSX-V in Canada, CLL1-Frankfurt, Stuttgart, Berlin and Lang & Schwarz Stock Exchanges in Germany, CMAUF-OTC in the US), herein called Chibougamau, is pleased to inform shareholders of progress reported by Cerrado Gold Inc. (CERT-TSXV) on Chibougamau’s Mont Sorcier iron-vanadium royalty property located just east of Chibougamau, Quebec. Cerrado have reported that “further to the October 18, 2023 announcement in relation to potential Export Credit Agency (“ECA”) Support Program Financing of up to $598 million, the Company has appointed the Toronto Dominion Bank (“TO”) as the MLA for the Mont Sorcier Iron and Vanadium Project located in Quebec. As announced on September 5th, the Company together with its advisors, SD Capital Advisory...

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$250 Million Lawsuit Filed Against AscellaHealth by Nymox Accepted and Summons Issued in California Court

IRVINE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) — Nymox Pharmaceutical Corporation (“Nymox”) (OTC Markets NYMXF) announced today that the California Superior Court, Orange County (OCSC) has accepted on November 18, 2023 Nymox’s lawsuit against AscellaHealth and issued a Summons to be served on Ascella. The lawsuit is styled Nymox Pharmaceutical Corporation vs. AscellaHealth, LLC., case No. 30-2023-01362136-CU-BT-CJ. Nymox filed its lawsuit in California Superior Court, Orange County on November 8, 2023, to protect its shareholders’ interests, as Nymox alleges that AscellaHealth, LLC (“Ascella”) engaged in unlawful means in repeated attempts to gain control of Nymox for its own advantage, at what would have been at the expense of Nymox’s shareholders. The lawsuit contends the following:Ascella’s conduct included using connections...

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Adevinta ASA (ADE) – Statement Regarding Voluntary Tender Offer for All Class a Shares in Adevinta Asa

NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, HONG KONG, NEW ZEALAND, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE PRIOR APPROVAL Oslo, 21 November 2023: Reference is made to today’s announcement (the “Announcement”) by Permira and Blackstone of a voluntary offer (the “Offer”) being made through Aurelia Bidco Norway AS (the “Offeror”) to acquire all the outstanding ordinary class A shares (the “Shares”) in Adevinta ASA (the “Company”). The Offer is announced by Permira and Blackstone on behalf of funds advised by Permira Advisers LLP (together with the advised funds, “Permira”) and funds advised by The Blackstone Group International Partners LLP (together with the advised funds, “Blackstone”), as well as General Atlantic and TCV (each an “Investor”). Reference is made...

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Permira and Blackstone Announce Voluntary Offer for All Outstanding Ordinary Class a Shares in Adevinta at Nok 115 Per Share

NOT FOR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, HONG KONG; NEW ZEALAND, SOUTH AFRICA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL OR REQUIRE PRIOR APPROVAL 21 November 2023 Permira and Blackstone are pleased to announce a voluntary tender offer to acquire all of the outstanding ordinary Class A shares in Adevinta ASA (“Adevinta” or the “Company”) (the “Offer”) by funds advised by Permira Advisers LLP (together with the advised funds, “Permira”) and funds advised by The Blackstone Group International Partners LLP (together with the advised funds, “Blackstone”), as well as General Atlantic and TCV (each an “Investor”, and in the Offer for Adevinta, the “Investors”). The Offer is being made through Aurelia Bidco Norway AS (the “Offeror”, and together with its direct and indirect parent companies...

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Adevinta ASA (ADE) – Adevinta reports strong Q3 financial performance in soft macro environment

+14% year-on-year revenue growth in Core Markets, driven by continued outstanding performance at mobile.de Total consolidated revenues at €454m, up +12%1 yoy Total consolidated EBITDA of €171m, up 29% yoy and reported EBITDA margin of 37.6% 2023 outlook and long-term ambition for Core Markets confirmed Concurrent announcement of a voluntary tender offer to acquire all issued and outstanding shares in AdevintaOslo, 21 November 2023 – Adevinta ASA (ADE) (“Adevinta” or “the Company”) has accelerated the release of its Q3 2023 results, originally scheduled for 23 November, due to the concurrent announcement of a voluntary tender offer to acquire all issued and outstanding ordinary Class A shares in Adevinta by Aurelia Bidco Norway AS. For more information about the offer, please refer to the announcement made by Aurelia Bidco. Adevinta...

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Precious Metal Catalyst Market Size Worth USD 33.79 Billion in 2032 | Emergen Research

Rising environmental concerns and regulations is a major factor driving Precious Metal Catalyst market revenue growth Vancouver, Nov. 21, 2023 (GLOBE NEWSWIRE) — The global precious metal catalyst market size was USD 19.41 Billion in 2022 and is expected to register a steady revenue CAGR of 5.7% during the forecast period, according to latest analysis by Emergen Research. Rising environmental concerns and regulations is primary key factor driving market revenue growth. Precious metal catalysts can be recycled and reused, which reduces waste and decreases the requirement for fresh catalyst manufacture. These catalysts are frequently made from recycled materials, which as a result minimizes the environmental effect, which enable faster production rates and higher product yields. Precious metals are also used in catalytic converters...

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