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Month: February 2024

B2Gold Reports Three Fatalities from Off-Site Incident in Mali

VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) deeply regrets to report that three B2Gold employees have passed away as a result of injuries sustained in an off-site incident in Mali earlier today. B2Gold wishes to express its deepest condolences to the families of the deceased employees. Traveling under Malian gendarme escort, a bus transporting B2Gold employees from the Fekola Mine to Bamako was involved in an incident when it was attacked approximately 75 kilometers west of Bamako. Initial reports have identified this tragic event as the result of an attack on the employee transport convoy, which included Malian gendarmerie vehicles in front and in the rear of the transport convoy. Unfortunately, the incident resulted in the death...

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RECORD RESULTS FOR SALES, CASH FLOW, AND ADJUSTED EBIT

Ad Hoc Announcement Pursuant to Article 53 of the SIX Exchange Regulation Listing Rules RECORD RESULTS FOR SALES, CASH FLOW, AND ADJUSTED EBIT Results 2023Record sales of CHF 11,238.6 million (+7.1%), sales increase in local currencies of +14.5% Operating profit (EBIT) adjusted for one-time M&A effects increased to CHF 1,680.6 million (+12.7%), resulting in an EBIT margin of 15.0% (previous year: 14.2%) Operating profit (EBIT) reported at CHF 1,549.1 million (previous year: CHF 1,579.7 million) Record operating free cash flow up to CHF 1,372.7 million (+58.7%) Proposal for dividend increase to CHF 3.30 per share (previous year: CHF 3.20) Successful MBCC integration with synergies in the first 8 months of CHF 41 million 108 new patents and 188 new inventions registered Reduction of CO2eq emissions per ton sold by -4.4% (scope 1...

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Pulse Seismic Inc. Reports 2023 Financial Results and Declares Dividend

CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the year ended December 31, 2023. The audited consolidated financial statements, accompanying notes and MD&A are being filed on SEDAR (www.sedar.com) and will be available on Pulse’s website at www.pulseseismic.com. Pulse’s Board of Directors today approved a quarterly dividend of $0.01375 per share. The total of the regular dividend will be approximately $715,000 based on Pulse’s 52,003,063 common shares outstanding as of February 15, 2024, to be paid on March 11, 2024, to shareholders of record on March 1, 2024. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Pulse’s dividends...

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EnWave to Report First Quarter Financial Results on February 22, 2024 and Host Investor Conference Call

VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) announced today it will report its financial results for the first quarter ended December 31, 2023 on Thursday, February 22, 2024 after market close. The financial statements and MD&A will be available on SEDAR+ at www.sedarplus.ca and on the Company’s website in the late evening Vancouver time. The Company has scheduled a conference call to discuss the results for Q1 2024 and business outlook on Friday, February 23, 2024 at 7:00 a.m. Pacific Time (10:00 a.m. Eastern Time). Brent Charleton, Chief Executive Officer and Dylan Murray, Chief Financial Officer will present EnWave’s results and host a question and answer period. Conference Call Details:Date: February 23, 2024Time: 7:00am...

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Rubicon Organics Announces the Appointment of Chief Executive Officer and Chief Financial Officer, and Grants RSUs

VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis, is pleased to announce the appointment of Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”) and grants restricted share units (“RSUs”). Appointment of Chief Executive Officer The board of directors of the Company (the “Board”) is pleased to announce the appointment of Margaret Brodie as the Chief Executive Officer of the Company, effective immediately. Since January 1, 2023, Ms. Brodie has acted as the Interim CEO and CFO. This appointment comes after the Board completed a search and evaluation of both internal and external candidates to lead the Company. “We are delighted...

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Interfor Announces Lumber Production Curtailments in Oregon and British Columbia

BURNABY, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today that it will indefinitely curtail its sawmill operations in Philomath, Oregon. This curtailment is in response to persistent high log costs in the region and ongoing weak lumber market conditions. Sawmill production will be curtailed immediately followed by an orderly wind-down of operations, which is expected to be completed by the end of the first quarter of 2024. The Philomath sawmill produces a mix of kiln-dried and green Hemlock and Douglas-fir dimensional lumber and timbers and has an annual capacity of 220 million board feet. “This was a difficult decision to make, but is necessary in light of the evolving operating and market environment,” said Bruce Luxmoore, Executive Vice-President...

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Peyto Delivers Strong Reserves Growth In 2023

CALGARY, Alberta, Feb. 15, 2024 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company”) is pleased to present the results and in-depth analysis of its independent reserve report effective December 31, 2023. The evaluation encompassed 100% of Peyto’s reserves and was conducted by GLJ Ltd. (“GLJ”). The year 2023 marks the Company’s 25th year of successful reserves development. 2023 HIGHLIGHTSPeyto delivered strong reserves growth across all categories in 2023 from its successful drilling program and the strategic acquisition of Repsol Canada Energy Partnership (the “Repsol Assets”). Proved Developed Producing (“PDP”) reserves increased 35% to 443 million barrels of oil equivalent (“MMboe”), Total Proved (“TP”)...

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DMG Blockchain Solutions Announces Relationship with Sygnum Bank to Provide Credit Facility

VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and cryptocurrency technology company, announces that it has established a relationship with Sygnum Bank, a Swiss bank specialized in servicing crypto-native companies, as a strategic banking partner providing US$9 million (equivalent) in a credit facility to increase its operational capacity ahead of the upcoming Bitcoin halvening expected in April 2024. The primary use of proceeds is for the purchase of 4,550 T21 190 TH/s bitcoin miners from Bitmain Technologies for US$12,103,000 (US$14/TH/s), which was previously announced in December 2023. With a first financing tranche of US$5.6 million already disbursed, DMG has been able to...

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Sosei Group: Notice of Change of Corporate Name to Nxera Pharma and Change of Location of Head Office

Tokyo, Japan and Cambridge, UK, 16 February 2024 – Sosei Group Corporation (“Sosei Heptares” or “the Company”; TSE: 4565), today announces that at a meeting held on 15 February 2024, its Board of Directors resolved to change the corporate names of the Company and its subsidiaries and the location of the head office of the Company. At the same meeting, the Board resolved to merge Idorsia Pharmaceuticals Japan Ltd (“IPJ”) and Sosei Co. Ltd., both of which are wholly owned consolidated subsidiaries of the Company, and to change the corporate name of IPJ as the surviving company. The Board also resolved to submit a proposal on the “Partial Amendments to the Articles of Incorporation” to the 34th Ordinary General Meeting of Shareholders scheduled to be held on 27 March 2024 (details below).Change of corporate names of the Company...

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Fr8App Showcased at Geotab Connect 2024

Driving the Future of Connected Transportation HOUSTON, Feb. 15, 2024 (GLOBE NEWSWIRE) — Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech”), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by artificial intelligence (“AI”) and machine-learning and offering a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, received a special invitation to participate in the prestigious Geotab Connect 2024 event. Geotab, a global leader in connected transportation solutions, is hosting its 7th annual event from February 14 to 16, 2024, taking place at Resorts World in Las Vegas. Geotab Connect 2024 promises to deliver unparalleled insights into the ever-evolving landscape of connected vehicles, data intelligence, artificial intelligence,...

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