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Day: May 22, 2025

Exor Press Release – 2025 AGM

Amsterdam, 22 May 2025EXOR SHAREHOLDERS APPROVE ALL RESOLUTIONS AT AGMExor N.V. (“Exor” or the “Company”) shareholders approved all resolutions proposed by the Board of Directors at the Annual General Meeting (the “AGM”) held today in Amsterdam. The AGM adopted Exor’s 2024 annual accounts and approved a dividend distribution of €0.49 per outstanding share, for a total of approximately €100 million. The dividend will become payable on 28 May 2025, with an ex-dividend date of 26 May 2025, and will be paid to the holders of shares held on 27 May 2025 (record date). Shareholders also authorised the Board of Directors to repurchase up to 10% of the Company’s issued common shares over the next 18 months, in accordance with Dutch law and the Company’s Articles of Association. Additionally, the Board was authorised to cancel any ordinary and...

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Globex Options Devils Pike (Golden Pike) New Brunswick Gold/Antimony property

ROUYN-NORANDA, Quebec, May 22, 2025 (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 that it has signed an option agreement on its Golden Pike (Devils Pike) gold property in New Brunswick with Australian company Bryah Resources Limited (BYH-ASX). The Golden Pike has a historical NI 43-101 capped Inferred Resource of 214,800 t at 9.6 g/t Au containing 66,300 oz gold.1 Under the agreement, which is a four-year option, Bryah may pay Globex as follows to earn a 100% interest in the property. Failure to complete all payment terms results in earning no property interest.$20,000...

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POET Technologies Announces Closing of US$30 Million Private Placement

TORONTO, May 22, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation“) (TSXV: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, is pleased to announce that, further to its news release dated May 20, 2025, it has completed a non-brokered private placement with a single strategic investor pursuant to which the Corporation issued 6,000,000 common shares of the Corporation (the “Common Shares“) and one common share purchase warrant of the Corporation (the “Warrant“) exercisable until May 22, 2030, to acquire up to 6,000,000 Common Shares (the “Warrant Shares“) at an exercise price of C$8.32...

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Formula Systems Reports First Quarter 2025 Financial Results

Revenues for the first quarter increased by 8.1% year over year, reaching a first quarter all-time high of $754.7 million. Net Income for the first quarter increased by 12.6% year over year, reaching a first quarter all-time high of $19.3 Million. OR YEHUDA, Israel, May 22, 2025 (GLOBE NEWSWIRE) — Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its first quarter ended March 31, 2025 results of operations. Financial Highlights for the First Quarter Ended March 31, 2025Revenues for the first quarter ended March 31, 2025 increased by 8.1% year over year, reaching a first...

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Matachewan Announces Purchase and Sale Agreement to Mineral Royalties

TORONTO, May 22, 2025 (GLOBE NEWSWIRE) — Matachewan Consolidated Mines, Limited (“Matachewan” or the “Company”) (TSX-V:MCM.A-X) is pleased to announce that the Company has entered into a definitive purchase and sale agreement (the “Agreement”) with respect to the sale of certain of its mineral royalties on the Young-Davidson Mine, located in the Matachewan, Ontario area, to Alamos Gold Inc. (“Alamos”) (the “Purchaser”) owner and operator of the Young-Davidson Mine. The transaction closed on the 21st day of May 2025. Prior to closing of the transaction, the Company was the legal and beneficial owner of certain royalty rights on 24 mining claims in Powell and Cairo Townships, Matachewan, Ontario which forms part of the Young-Davidson Mine owned and operated by Alamos. Pursuant to the Agreement, the Company sold all of its rights...

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EnWave Reports 2025 Second Quarter Consolidated Interim Financial Results

VANCOUVER, British Columbia, May 22, 2025 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) today reported the Company’s consolidated interim financial results for the second quarter ended March 31, 2025. All values in thousands and denoted in CAD unless otherwise stated.Reported revenue for Q2 2025 of $3,689, an increase of $3,026 relative to the comparable period in the prior year. The increase was primarily related to a large-scale machine sale and the commissioning of two small-scale machines. Reported royalty revenues for Q2 2025 of $474, an increase of $60 relative to the comparable period in the prior year. Royalties grew due to increased royalty partners, product sales, and partner production for the quarter. Gross margin for the three months ending Q2 2025 was 33% compared...

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United Maritime Reports First Quarter 2025 Financial Results and Declares Quarterly Cash Dividend of $0.01 Per Share

Highlights    (in million USD, except LPS)   Q1 2025 Q1 2024Net Revenues   $7.8 $10.6Net Loss   ($4.5) ($1.3)Adjusted Net Loss1   ($4.4) ($1.1)EBITDA1   $0.7 $3.5Adjusted EBITDA1   $0.9 $3.7       Loss per share Basic and Diluted   ($0.52) ($0.15)Adjusted loss per share Basic1 and Diluted1   ($0.50) ($0.13)       Other Highlights and Developments:Consistent Shareholder Returns: Declared a quarterly cash dividend of $0.01 per share for Q1 2025, marking the tenth consecutive quarterly distribution. Since initiating its capital return program in November 2022, United has declared total cash dividends of $1.62 per share, or $12.9 million in aggregate distributions. Strategic Diversification Through Offshore Investment: Increased our equity stake in the newbuilding Energy Construction Vessel (“ECV”) joint...

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Basel Medical Group Ltd Enters into US$ 1.0 Billion Bitcoin (BTC) Purchase Agreement

Singapore, May 22, 2025 (GLOBE NEWSWIRE) — Basel Medical Group Ltd (Nasdaq: BMGL or the “Company”), today announced that it has entered into a purchase agreement with a consortium of Bitcoin (BTC) holders for the purchase by the Company of up to 10,000 BTC (with current market value of approximately US$1.0 billion) by issuing of its ordinary shares. This purchase will diversify its treasury reserves to a very large extent, while maintaining its core focus on medical services expansion in the Asia Pacific Region. This is a major strategic financial initiative to strengthen the Company’s balance sheet and support its aggressive expansion across Asia’s high-growth healthcare markets. About Basel Medical Group Ltd Basel Medical is a Singapore-based provider of orthopedic and trauma services, sports medicine and surgery, orthopedic...

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SEALCOIN Unveils Major Milestones: From Satellite-Powered IoT Transactions to Launch of Marketing Campaign Ahead of Token Sale

SEALCOIN Unveils Major Milestones: From Satellite-Powered IoT Transactions toLaunch of Marketing Campaign Ahead of Token Sale Geneva, Switzerland, May 22, 2025 –WISeKey International Holding Ltd (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, blockchain, and IoT company, today announces that its subsidiary SEALCOIN AG, developing a decentralized platform powering secure, autonomous, real-time transactions between IoT devices, unveils a series of major milestones as it accelerates toward its upcoming token launch this summer. Following months of development and testing, SEALCOIN AG has released the latest version of its WhitePaper, which includes an upgraded tokenomics model to better align with long-term network incentives and security. This refined structure enhances both utility and governance for the upcoming...

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Micropolis Unveils Next-Gen Robotics, Inks Emirates Steel MoU, and Welcomes UAE Ministers and Royals at Make it in the Emirates 2025

DUBAI, United Arab Emirates, May 22, 2025 (GLOBE NEWSWIRE) — Micropolis Holding Co. (“Micropolis” or the “Company”) (NYSE: MCRP), a pioneer in unmanned ground vehicles and AI-driven security solutions, unveiled a suite of advanced autonomous systems at Make it in the Emirates 2025, the country’s flagship industrial innovation event hosted at Abu Dhabi National Exhibition Centre (ADNEC). All systems are on live display at the Micropolis Pavilion, Booth 6-AM30. Micropolis presented a trio of advanced robotic platforms addressing critical challenges across environmental recovery, industrial sanitation, and public safety:The Robotic Forestry Unit, purpose-built for reforestation and ecosystem restoration in areas affected by desertification, wildfires, or climate degradation. The Box Cleaner, developed in collaboration with MCS Robotics,...

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