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Year: 2023

Mag Mile Capital Arranges $5,675,000 Senior Loan with CPACE for an Adaptive Reuse Project in Minneapolis, MN

Mag Mile Capital, Inc.Burlap LoftsMINNEAPOLIS, Oct. 25, 2023 (GLOBE NEWSWIRE) — Mag Mile Capital (OTC: MMCP) proudly announced that Cody Harper, VP of Originations, arranged $5,175,000 of senior debt financing from a Minnesota-based bank and an additional $500,000 of commercial property assessed clean energy (“CPACE”) financing on behalf of CDT Realty Corporation – a Minneapolis-based developer. CDT plans to complete an adaptive-reuse development of two existing brick and timber loft buildings totaling 50,000 square feet located in Northeast Minneapolis at 501-505 1st Ave NE. Constructed in 1910, the buildings will be connected with a new elevator lobby and fully renovated to create lux-loft office space, retail shops, and a variety of tenant amenities. The project, named Burlap Lofts (www.burlaplofts.com) aims to blend...

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SLAM Exploration Acquires New Niobium Critical Mineral Project

Image 1Notre Dame ProjectImage 2Niobium Oxide Minerals In Carbonatite At Notre Dame ProjectMIRAMICHI, New Brunswick, Oct. 25, 2023 (GLOBE NEWSWIRE) — SLAM Exploration Ltd. (TSX-V: SXL) (“SLAM” or the “Company”) is pleased to announce it has signed an arm’s length binding term sheet with St-Georges Eco-Mining Corp. (CSE: SX) (“St-Georges”) to give SLAM the option to acquire a 51% interest in the Notre Dame Niobium Critical Mineral Project (the “Notre Dame Project”). The Notre Dame Project is located 110 km northwest of the only niobium producing mine in North-America: the Niobec niobium mine in Quebec. Project Highlights:Niobium and Rare Earth Element (REE): St-Georges identified niobium and REE’s associated with pegmatites and carbonatites.Niobium and REE’s: Grab samples range up to 2,320 ppm niobium (0.33%...

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Festi hf.: Financial results for Q3 2023

Key findingsProfit for Q3 was ISK 1,816 million, 21.2% of margin and increased by 16.2% from previous year. Merchandise sales amounted to ISK 37,334 million, as compared to ISK 35,146 million the previous year, up by 6.2% between years. Gross margin on goods and services sales amounted to ISK 8,575 million, up by ISK 1,511 million, or 21.4% between years. Margin level was 23.0%, up 0.3 p.p. from last quarter and 2.9 p.p. from Q3 2022. Wages and personnel costs increased by 11.2% between years, while full-time equivalent positions increased by 86, or 6.5% between years, due to the opening of new stores and the acquisition of IFC last year. EBITDA amounted to ISK 3,905 million, as compared to ISK 3,067 million in Q3 2022, an increase of 27.3%. With one-off items excluded from income and expenses incurred in the preceding year, the improvement...

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Blinded Data Presented at CTAD Suggest that NE3107 is Biologically Active and May Have Impact on Cognitive, Biomarker, and Imaging Endpoints Among Mild to Moderate Alzheimer’s Disease Patients

Figure 1Cognitive and Functional Changes From BaselineFigure 2Changes in Amyloid BurdenData TableData TableStatistically significant population changes from baseline were observed for all primary and secondary cognitive and functional assessments measured: ADAS-Cog12, ADCS-CGIC, MMSE, CDR, CDR-SB, ADCOMS, and ADL.1   An apparent significant reduction in amyloid burden from baseline was observed in the population.A significant change from baseline was observed in the Amyloid β 42/40 ratio and Amyloid Probability Score as shown by the PrecivityAD® tests from C2N Diagnostics. Increased FDG-PET SUVRs were observed in 10 out of 21 patients in a brain imaging sub-study, which is suggestive of reduced amyloid burden.Statistically significant increases in insulin and beta cell function were observed without any...

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Inside information: Lassila & Tikanoja plc has completed a strategy review and decided to focus on its circular economy businesses

Lassila & Tikanoja plcInside information25 October 2023 at 7:30 p.m. Inside information: Lassila & Tikanoja plc has completed a strategy review and decided to focus on its circular economy businesses, in addition the company initiates an evaluation of strategic alternatives for Facility Services Finland and Facility Services Sweden The Board of Director’s of Lassila & Tikanoja has today completed a review of the company’s strategy. According to the revised strategy, Environmental Services and Industrial Services divisions will seek growth especially by focusing on business opportunities related to circular economy of materials. The company seeks to grow in these areas organically, potentially supported by selective acquisitions. “Mitigating climate change and biodiversity loss requires actions supporting circular economy...

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BIC: Third Quarter & Nine Months 2023 Results

Clichy, France, October 25, 2023 THIRD QUARTER & NINE MONTHS 2023 RESULTSContinued strong sales growth1 in Q3 of +7.2% and an adjusted EBIT margin of 15.2%. 9M net sales growth, +7.1% at constant currency, driven by market share gains in key regions across all categories:9M Human Expression: +7.6% net sales growth at constant currency (CC), driven by Europe and double-digit growth in developing markets. 9M Flame for Life: +1.7% net sales growth at CC, as a result of stronger performance in Europe and developing markets partially offset by a decline in the US. 9M Blade Excellence: +15.6% net sales growth at CC, fueled by added-value products across Europe and Latin America, and double-digit growth in the Middle East and Africa.9M adjusted EBIT margin was 15.0%: impacted by high input cost inflation in the first half (raw materials...

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HP Paves Way for Partner Growth with Integration of All Solutions & Services Under Amplify Partner Program

Introduces enticing new Commercial Partner benefits and extends renowned Amplify™ Program to Distribution Partners News HighlightsHP consolidates all solutions & services, including Poly, Teradici, and HyperX, into one global1 program Introduces new Amplify Distribution Program, tailored to meet unique needs of Distribution Partners Unveils new Commercial Partners benefits including More for More, Fast Lane, and Growth Plays Scales geographic reach of HP Amplify Impact partner sustainability program to 48 countriesPALO ALTO, Calif., Oct. 25, 2023 (GLOBE NEWSWIRE) — HP Inc (NYSE: HPQ) today announced the launch of HP Amplify for All, an initiative which integrates all HP solutions and services including Poly, Teradici and HyperX into the HP Amplify Program, offering one unified global1 platform for partner engagement....

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Base Carbon Announces Investor Update Call

TORONTO, Oct. 25, 2023 (GLOBE NEWSWIRE) — Base Carbon Inc. (NEO: BCBN) (OTCQX: BCBNF) (“Base Carbon”, or the “Company”), a financier of emission reduction, removal and related climate action projects, is pleased to announce the Company will host an investor update call on Wednesday, November 15, 2023, at 11:00 a.m. Eastern Standard Time Zone (EST). The management team will provide a business update and respond to investor questions via Zoom Webinar. Registration instructions are published below. The Company invites current and prospective shareholders to attend this business update call and Q&A session. DATE: Wednesday, November 15, 2023TIME: 11:00 a.m. ESTLOCATION: Zoom Webinar. To receive the meeting link and passcode, please register here.QUESTIONS: Please submit questions ahead of time to: investorrelations@basecarbon.com. About...

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LECTRA: First nine months of 2023: decline in revenues and EBITDA before non-recurring items in a very degraded environment

First nine months of 2023: decline in revenues and EBITDA before non-recurring items in a very degraded environmentRevenues: 358.3 million euros (-7%)* EBITDA before non-recurring items: 59.2 million euros (-17%)* Net income: 24.9 million euros (-30%) Free cash flow before non-recurring items: 32.1 million euros 2023 outlook: revised revenues – confirmation of EBITDA before non-recurring items        *Like-for-like     In millions of euros July 1 – September 30 January 1 – September 30  2023 2022 2023 2022Revenues 118.7 141.2 358.3 392.1Change like-for-like (%)(1) -11%   -7%  EBITDA before non-recurring items(2) 23.9 29.7 59.2 74.9Change like-for-like (%)(1) -10%   -17%  EBITDA margin before non-recurring items (in % of revenues) 20.1% 21.0%...

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Vantiva transforms profile over first year since rebranding

Press Release     Vantiva Transforms Profile Over First Year Since Rebranding Milestones include intention to acquire CommScope’s Home Networks Division and launch of Vantiva Smart Spaces for self-storage industry Paris (France) – October 25, 2023 – Vantiva (Euronext Paris: VANTI – formerly known as Technicolor), a global technology leader providing innovative technologies for Network Service Providers (NSPs) that connect consumers around the world, today gathered customers, partners and employees to celebrate the company’s first year as a standalone business since its rebranding from Technicolor in September 2022. Over the past year, the company has leveraged its 130 years of expertise to launch Vantiva Smart Storage, a new Internet of Things (IoT)-focused division that builds upon Vantiva’s position as a leader in networked connectivity,...

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