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Day: March 26, 2025

Vortex Announces Share Consolidation

VANCOUVER, British Columbia, March 26, 2025 (GLOBE NEWSWIRE) — Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) (“Vortex” or the “Company”) announces, further to its news release dated March 20, 2025, that the consolidation of its common shares (the “Common Shares”) on the basis of ten (10) pre-consolidation Common Shares for one (1) post-consolidation Common Share (the “Consolidation”) will have a record date of April 1, 2025. The Company currently has 82,810,561 Common Shares issued and outstanding, and following the Consolidation, will have approximately 8,281,056 Common Shares issued and outstanding, prior to rounding of fractional Common Shares. No fractional Common Shares will be issued as a result of the proposed Consolidation. Any fractional Common Shares resulting from the Consolidation will be rounded up in the...

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Itafos Announces Restricted Share Unit Grants

HOUSTON, March 26, 2025 (GLOBE NEWSWIRE) — Itafos Inc. (TSX-V: IFOS) (the “Company”) announced today that the Company has granted, in the aggregate, 773,037 restricted share units (“RSUs”) to directors and officers of the Company. The RSUs are scheduled to vest on a one-third per annum basis over a three-year period. Certain grants are also subject to the fulfilment of additional performance conditions. Each vested RSU entitles the holder to receive one share of the Company’s common stock or a cash payment equal to the equivalent of one share of the Company’s common stock on the date of vesting. All grants of RSUs are subject to the Company’s Restricted Share Unit Plan. The grants were made as part of the Company’s annual compensation process and are intended to appropriately reward past and ongoing contributions and to incentivize...

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2024 Annual Results: Record activity driving strong performance and reinforcing the attractiveness of AFL’s model

Press releaseMarch 27, 2025 2024 Annual Results:Record activity driving strong performance and reinforcing the attractiveness of AFL’s model As of December 31, 2024, AFL Group reports solid results: – Net banking income exceeds €24 million, while gross operating profit rises to €7.8 million– Credit production to local authorities reaches €2 billion for the first time– New memberships, totalling 269 local authorities, a record since AFL Group’s inception over 10 years ago, bring the total number of local authorities shareholders to 1,045– Liquidity remains high, with an LCR ratio of 447% and an NSFR ratio of 220%– CET1 ratio stands at 63%– Leverage ratio for public development credit institutions reaches 11.25% Key Figures of the consolidated results as of 12/31/2024 (IFRS) Committed capital: €328 million...

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23andMe Confirms All Potential Buyers Must Agree to Comply With Privacy Policy and Applicable Law

Receives Court Approval for First Day Motions to Support Ongoing Business Operations SAN FRANCISCO, March 26, 2025 (GLOBE NEWSWIRE) — 23andMe Holding Co. (“23andMe” or the “Company”) (Nasdaq: ME), a leading human genetics and biotechnology company, today announced that it has received approvals from the U.S. Bankruptcy Court for the Eastern District of Missouri (the “Court”) for its “first day” motions related to 23andMe’s voluntary Chapter 11 petitions filed March 23, 2025, including authorization to pay employee wages and benefits and compensate certain vendors and suppliers in the ordinary course for goods and services provided and to enter into the binding term sheet for a $35 million debtor-in-possession financing facility from JMB Capital Partners (the “DIP Facility”). 23andMe remains committed to its customers while it seeks...

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Prairie Operating Co. Completes Transformative Acquisition from Bayswater

Pro-Forma Reserve DataPro-Forma Reserve DataReconciliation of Non-GAAP MeasureReconciliation of Non-GAAP MeasureExpands footprint in DJ Basin to ~55,000 net acres and inventory life to ~10 years Increases average daily production by ~25,700 net BOEPD Immediately accretive and maintains strong balance sheet Houston, TX, March 26, 2025 (GLOBE NEWSWIRE) — Prairie Operating Co. (Nasdaq: PROP) (the “Company,” “Prairie,” “we,” “our” or “us”), today announced the successful closing of its previously announced $602.75 million acquisition of certain Denver-Julesburg Basin (DJ Basin) assets (the “Bayswater Assets”) from Bayswater Exploration and Production and its affiliated entities (collectively, “Bayswater”). This acquisition further strengthens Prairie’s position as a leading operator in the DJ Basin, enhancing its...

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Alvotech Reports Record Results for 2024 and Provides Business Update

Total Revenues in 2024 reached $492 million, representing a 427% increase over prior year Product Revenues in 2024 reached $273 million, representing a 462% increase over prior year Adjusted EBITDA in 2024 was $108.3 million compared to negative $291 million in 2023 Submissions in major global markets were made in 2024 for three new proposed biosimilars. All applications have been subsequently accepted by the relevant regulatory authorities. Alvotech will conduct a business update conference call and live webcast on Thursday March 27, 2025, at 8:00 am ET (12:00pm GMT).REYKJAVIK, Iceland, March 26, 2025 (GLOBE NEWSWIRE) — Alvotech (NASDAQ: ALVO, or the “Company”), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today reported financial results for full year...

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Allied Announces $400 Million Offering of Senior Unsecured Debentures

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, March 26, 2025 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has agreed to offer, on a private placement basis in each of the provinces and territories of Canada (the “Offering”), $400 million aggregate principal amount of senior unsecured debentures in two series. The Offering includes (i) $150 million aggregate principal amount of series L senior unsecured debentures that will bear interest at Daily Compounded CORRA plus 1.80% per annum, payable quarterly in arrears, and will mature on April 7, 2027 (the “Series L Debentures”), and (ii) $250 million aggregate principal amount of series M senior unsecured debentures that will bear interest at a rate of...

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ValOre Enters into Definitive Agreement to Acquire South Atlantic Gold to Create a 99,924 Hectare Precious Metals District in Ceara State, Brazil

VANCOUVER, British Columbia, March 26, 2025 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”) (TSX-V: VO, OTCQB: KVLQF, Frankfurt: KEQ0) and South Atlantic Gold Inc. (“South Atlantic”) (TSX-V: SAO), today announced that further to the February 17, 2025 joint news release, the companies have entered into an amalgamation agreement (the “Agreement”) on March 26, 2025, pursuant to which ValOre will acquire all of the issued and outstanding common shares in the capital of South Atlantic (the “South Atlantic Shares”) and other securities of South Atlantic (the “Proposed Transaction”). Pursuant to the terms of the Agreement, South Atlantic and 1529317 B.C. Ltd. (“ValOre Subco”), a wholly-owned subsidiary of ValOre, will amalgamate under the Business Corporations Act (British Columbia) (the “Amalgamation”). Upon completion of the Proposed...

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LEADING EDGE MATERIALS ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON APRIL 23, 2025

LEADING EDGE MATERIALS ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON APRIL 23, 2025 Vancouver, March 26, 2025 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) announces that its Annual General Meeting of Shareholders (the “Meeting”) will be held at 14th Floor, 1040 West Georgia Street, Vancouver, British Columbia, V6E 4H1 on April 23, 2025, at 9:00 am (Vancouver Time), for the following purposes:To receive the Chief Executive Officer’s Report to the shareholders of the Corporation;To receive and consider the financial statements of the Corporation as at and for the year ended October 31, 2024, together with the report of the auditors thereon;To fix the number of directors of the Corporation to be elected at the Meeting;To elect the...

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Yukon Metals Announces Up to C$5M Best Efforts Private Placement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES/ VANCOUVER, British Columbia, March 26, 2025 (GLOBE NEWSWIRE) — Yukon Metals Corp. (CSE: YMC, FSE: E770, OTC: YMMCF) (“Yukon Metals” or the “Company”) is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and Canaccord Genuity Corp. (the “Co-Agents”) to act as co-agents in connection with a “best efforts” private placement for aggregate gross proceeds of up to approximately C$5 million (the “Offering”). The Offering will consist of the issuance and sale of up to 9,090,909 units of the Company (the “Units”) at a price of C$0.55 per Unit (the “Issue Price”). Each Unit will consist of one common share of the Company (each, a “Unit Share”) and...

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