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Day: December 13, 2024

ATIF Announces Plan to Change its Nasdaq Ticker Symbol to “ZBAI”

LAKE FOREST, Calif, Dec. 13, 2024 (GLOBE NEWSWIRE) — ATIF Holdings Limited (NASDAQ: ATIF, the “Company” or “ATIF”) announced today that the Company plans on changing its Nasdaq ticker symbol from “ATIF” to “ZBAI”. The Company plans to announce the date and detailed plans for the official stock ticker symbol change by the end of December 2024.  No actions will be required by existing shareholders with respect to the planned ticker symbol change. The Company’s Ordinary Shares will continue to be listed on Nasdaq and the CUSIP will remain unchanged. About ATIF ATIF Holdings Limited (NASDAQ: ATIF) is a Lake Forest-based business consulting company that specializes in providing professional IPO, M&A advisory and post-IPO compliance services to small and medium-sized companies seeking to go public on a stock...

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Brompton Funds Declare Distributions and Special Year End Distributions

TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) — (TSX: KNGC, KNGU, KNGX) – Brompton Funds announces quarterly distributions payable on January 15, 2025 to unitholders of record on December 31, 2024 for each of the following exchange-traded funds (“ETFs”):  Ticker Amount Per UnitBrompton Canadian Cash Flow Kings ETF KNGC Cdn$0.082Brompton U.S. Cash Flow Kings ETF KNGU Cdn$0.043Brompton International Cash Flow Kings ETF KNGX Cdn$0.098Brompton Funds also announces special distributions for the ETFs estimated as noted below to unitholders of record at the close of business December 31, 2024 that will be automatically reinvested in additional units. Immediately following issuance, the units of the ETFs will be automatically consolidated and as a result, unitholders will hold the same number of units after the distribution as...

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North American Financial 15 Split Corp. Update

TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) — North American Financial 15 Split Corp. (the “Company”) (TSX: FFN, FFN.PR.A) invests in a high-quality portfolio consisting of 15 financial services companies made up of 40% Canadian and 60% U.S. issuers.  The top five holdings currently held in the portfolio are as follows: JP Morgan Chase & Co., Goldman Sachs Group, Morgan Stanley, Wells Fargo & Co., and Bank of America. The recent extension of the Company’s termination date included a retraction right for Class A shareholders and Preferred shareholders. The Company will not require a rebalance of shares and all retraction rights have been satisfied.  The Company may use the normal course issuer to repurchase Class A shares at or below intrinsic value. The current intrinsic value exceeds $8.00 per share. As previously...

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NexGold and Signal Gold Complete Business Combination

TORONTO, Dec. 13, 2024 (GLOBE NEWSWIRE) — NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold”) and Signal Gold Inc. (TSX: SGNL; OTCQB: SGNLF) (“Signal Gold”) are pleased to announce the successful completion of the previously-announced transaction pursuant to which, among other things, NexGold acquired all of the issued and outstanding common shares of Signal Gold (the “Signal Shares”) pursuant to a court-approved plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”). The Arrangement combines the two companies to create a top near-term gold developer advancing NexGold’s Goliath Gold Complex Project (“Goliath Project”) in Northern Ontario and Signal Gold’s Goldboro Gold Project (“Goldboro Project”) in the historic Goldboro Gold District in Nova Scotia. Kevin Bullock, President, CEO and Director...

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Alpha Modus Plans to Close Business Combination With Insight Acquisition Corp. Today and Expects to Begin Trading on Monday Under “AMOD” Ticker

CORNELIUS, N.C. and NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) —  Alpha Modus Corp. (“Alpha Modus” or the “Company”), a technology company with a core focus on artificial intelligence in retail, and Insight Acquisition Corp., a special purpose acquisition company (“Insight” NASDAQ: INAQ) plan to close their business combination today. Alpha Modus expects to begin trading on the Nasdaq Global Market under the ticker symbols “AMOD” (its common stock) and “AMODW” (its warrants) on Monday, December 16, 2024. About Alpha Modus Alpha Modus engages in creating, developing and licensing data-driven technologies to enhance consumers’ in-store digital experience at the point of decision. The company was founded in 2014 and is headquartered in Cornelius, North Carolina. For additional information, please visit alphamodus.com. About...

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Freehold Royalties Announces Closing of Strategic Midland Basin Acquisition, Credit Facility Increase and Declares Dividend for December 2024

CALGARY, Alberta, Dec. 13, 2024 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) is pleased to announce that it has closed its previously announced transaction to acquire mineral title and royalty interests in the core of the Midland Basin in Texas (the Acquisition or the Acquired Assets) for approximately $259 million, net of estimates for exchange rate, expenses and customary closing adjustments. Acquisition Highlights:1,500 – 1,600 boe/d of premium priced, light oil weighted production (~950 bbls/d oil) Approximately $37 million in 2025E net royalty revenue (net of production and ad valorem taxes and assuming US$70/bbl WTI) Provides immediate and expected increasing future accretion on funds flow per share, free cash flow per share and total production and oil production per shareDividend Announcement The...

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KBC Group: KBC’s capital remains well above the minimum capital requirements

KBC’s capital remains well above the minimum capital requirements KBC has been informed by the European Central Bank (ECB) of its new minimum capital requirements. Following the Supervisory Review and Evaluation Process (SREP) performed for 2024, the ECB has formally notified KBC of its decision to maintain both the Pillar 2 Requirement (P2R) at 1.86% and Pillar 2 Guidance (P2G) at 1.25% of RWA. The decision leads to a fully loaded overall CET1 requirement for KBC Group (under the Danish Compromise) of 10.88%1. This consists of a Pillar 1 Requirement of 4.50%, a P2R of 1.09%2, a capital conservation buffer of 2.50%, the O-SII (other systemically important institutions) capital buffer of 1.50% and includes all announced decisions by local competent authorities on future changes of countercyclical capital buffers (1.15%) and the sectorial...

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ORAPI : Mise en oeuvre du retrait obligatoire

COMMUNIQUE DE PRESSE DU 13 DECEMBRE 2024 RELATIF A LA MISE EN ŒUVRE PAR LA SOCIETE DU RETRAIT OBLIGATOIRE VISANT LES ACTIONS DE LA SOCIETE Montant de l’indemnisation : 6,50 euros par action ORAPI Le présent communiqué a été établi par la société Groupe Paredes Orapi et diffusé le 13 décembre 2024 conformément aux dispositions de l’article 237-3 III du Règlement général de l’Autorité des marchés financiers (l’« AMF ») et de l’article 9 de l’instruction AMF n°2006-07 relative aux offres publiques d’acquisition. Société visée : ORAPI, société anonyme à conseil d’administration au capital de 6.643.534 euros, dont le siège social est sis 225, allée des Cèdres – 01150 Saint-Vulbas, immatriculée au Registre du Commerce et des Sociétés de Bourg-en-Bresse sous le numéro 682 031 224 et dont les actions ordinaires sont admises aux négociations sur...

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Scilex Holding Company Announces Closing of $17 Million Registered Direct Offering

PALO ALTO, Calif., Dec. 13, 2024 (GLOBE NEWSWIRE) — Scilex Holding Company (Nasdaq: SCLX, “Scilex” or the “Company”), an innovative revenue-generating company focused on acquiring, developing and commercializing the treatment for neurodegenerative and cardiometabolic disease, and non-opioid pain management products for the treatment of acute and chronic pain, today announced the closing of its previously announced registered direct offering of an aggregate of 26,355,347 shares of its common stock, par value $0.0001 per share, pre-funded warrants to purchase up to an aggregate of 2,401,132 shares of common stock, and common warrants to purchase up to an aggregate of 57,512,958 shares of common stock. The shares of common stock and accompanying common warrants (for which there will be two accompanying warrants for each share of common...

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Norwegian Financial Supervisory Authority preliminary assessment for the imposition of a violation charge in relation to Q1 2024 accounting error and corrections made to the Q2 2024 report

Oslo, 13 December 2024 Interoil Exploration and Production ASA (the “Company”) has received a letter from the Norwegian Financial Supervisory Authority in relation to the accounting error made in its Q1 2024 report and the corrections introduced in its Q2 2024 report. In the letter, the Norwegian Financial Supervisory Authority indicates that in its preliminary assessment of the matter it is considering the imposition of a violation charge of NOK 800,000 for breaches to applicable rules. The Company will have until 9 January 2025 to provide any comments. Any violation charge ultimately resulting from a final decision by the Norwegian Financial Supervisory Authority will be in addition to the violation charge of NOK 750,000 imposed by Euronext Oslo Børs based on lack of timely disclosure of inside information in relation to the accounting...

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