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Day: August 20, 2025

Ascentage Pharma Reports 2025 Interim Unaudited Six Months Financial Results and Business Updates

Product sales from Olverembatinib in the first half of 2025 increased 93% year-over-year to US$30.3 million (RMB217.4 million), primarily attributable to the expansion of NRDL coverage Commenced commercial sales of Lisaftoclax in China, following approval on July 10, 2025 by China’s NMPA for the treatment of adult patients with CLL/SLL who have previously received at least one systemic therapy including BTK inhibitors Registrational Phase III trial for 1L HR MDS (GLORA-4) cleared by FDA and EMA, and first patients enrolled in Europe and China Completed a top-up placement in July 2025, resulting in US$190.1 million in net proceeds Nine registrational clinical trials are in progress, including three cleared by FDA Chinese (Mandarin) language investor webcast at 9:00 pm EDT on August 20, 2025 / 9:00 am HKT on August 21, 2025, and English...

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Currency Exchange International, Corp. Announces Approval to Amend Share Buyback Program

TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (“CXI” or the “Company”) (TSX:CXI) (OTCQX:CURN) today announced acceptance by the Toronto Stock Exchange (the “TSX”) of the Company’s Notice of Intention to amend its normal course issuer bid (the “NCIB”). The amendment is effective as of August 25, 2025, and increases the maximum number of common shares (the “Shares”) of the Company that may be repurchased, from 316,646 Shares to 377,000 Shares, representing 8.09% of the ‘public float’ as at November 18, 2024 and 10% of the ‘public float’ as of today’s date. As of November 18, 2024, CXI had 6,332,931 common shares issued and outstanding. Purchases under the NCIB began on December 2, 2024 and will terminate no later than December 1, 2025. The Company reserves the right to terminate the NCIB earlier...

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NOVAGOLD and Paulson’s Alaska Site Visit Builds Momentum in Donlin Gold’s Path to Development

Meetings with Alaska Native Corporations, government officials and key stakeholders underscore positive momentum for the new Donlin Gold partnership and its updated project development plan. Donlin Gold contract awarded to prepare the Request for Proposals (RFP) to commence the updated Bankable Feasibility Study (BFS) and expects to select top-tier qualified engineering firm(s) by the fourth quarter of 2025. Constructive discussions were held with natural gas pipeline developers and distributors exploring different avenues to bring natural gas to Southcentral Alaska that could be very beneficial for Donlin Gold. Donlin Gold identified hiring priorities and initiated efforts to fill critical roles to support project development.VANCOUVER, British Columbia, Aug. 20, 2025 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (“NOVAGOLD” or...

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Canadian North Resources Inc. Reports Operational and Financial Results for the Second Quarter Ended June 30, 2025

Highlights:Expanded bio-metallurgical programs from initial bio-leaching tests indicating metal extraction of 97.86-98.5% nickel and 96.9-97.7% cobalt, with the goal of achieving similarly high recoveries of copper and PGE metals from the Ferguson Lake Ni-Cu-Co PGE Project located in southeast Nunavut, Canada. Continued evaluation of multiple metal processing technologies to produce market-ready battery-grade nickel and cobalt compounds, copper and PGE metals from a low-cost, low-carbon footprint mine. Working with local governments and indigenous communities for permissions, permits and licenses to conduct environmental baselines studies; communicating with investors, and potential partners to support the future development of the Ferguson Lake Project.TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) — Canadian North Resources Inc....

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Perseus Mining Executes Key Nyanzaga Agreements

Perth, Aug. 21, 2025 (GLOBE NEWSWIRE) — PERSEUS EXECUTES KEY NYANZAGA AGREEMENTS WITH TANZANIAPerseus has signed formal agreements with the Government of the United Republic of Tanzania to progress development of Perseus’s 80% owned Nyanzaga Gold Project (NGP) in Tanzania2. Perseus announced a Final Investment Decision (FID) to proceed with the NGP development in April 2025. When operating, NGP is forecast to be the lowest cost operation in Perseus’s 4 mine portfolio1. NGP gold production will average over 200,000 ounces of gold per annum from FY28 to FY35, with peak production of ~250,000 ounces in FY28 and with life of mine average All-In Site Cost (AISC) of US$1,211/oz. Perseus is on track for first gold production at NGP in Q1 CY27.Perth, Western Australia/August 21, 2025/Perseus Mining Limited (ASX/TSX: PRU) is pleased...

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Rubicon Technology, Inc. to acquire Janel Group LLC

BENSENVILLE, Ill. and NEW YORK, Aug. 20, 2025 (GLOBE NEWSWIRE) — Rubicon Technology, Inc. (OTCQB:RBCN) (“Rubicon”) and Janel Corporation (OTCQX:JANL) (“Janel Corp”) today announced that they have entered into a definitive merger agreement, pursuant to which Rubicon will acquire Janel Group LLC (“Janel Group”) with Janel Group becoming a wholly owned subsidiary of Rubicon and Janel Corp receiving shares of Rubicon common stock. Janel Group, based in Garden City, New York, and originally founded in 1974, is a wholly owned subsidiary of Janel Corp. Janel Group had revenues of approximately $181.3 million and operating income of approximately $8.7 million for the 12-month period ended June 30, 2025. The company is a non-asset based, full-service provider of cargo transportation logistics management services. Its management team will...

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BWR Exploration Inc. Enters into an Amalgamation Agreement with Electro Metals and Mining Inc.

TORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) — BWR Exploration Inc. (TSXV: BWR) a Toronto, Ontario based corporation with its registered address at 82 Richmond Street East, Toronto, Ontario (“BWR”), is pleased to announce that, further to its news release dated December 24, 2024, it has entered into an amalgamation agreement dated August 19, 2025 (the “Agreement“) with Electro Metals and Mining Inc. (“Electro“), and BWR’s wholly owned subsidiary (“Subco“)(the “Proposed Transaction“). The Agreement replaces the binding letter of intent between BWR and Electro with respect to the Proposed Transaction, which was signed on December 24, 2025. It is expected that trading of BWR shares on the TSXV will resume as of market open on Monday, August 25, 2025. Highlights of the Proposed Transaction...

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Volatus Aerospace Releases Q2 2025 Financial Results

Revenue of $10,587,075 in Q2 2025, up 49% year-over-year; gross margin of 32% Adjusted EBITDA loss of $276,259, an 85% year-over-year improvement Current cash balance strengthened to approximately $20M Operational highlights included clearances and demonstrations with defense and energy clients and new commercial wins in forestry and agriculture. Subsequent events included additional NATO-aligned contracts and growth capitalTORONTO, Aug. 20, 2025 (GLOBE NEWSWIRE) — Volatus Aerospace Inc. (TSXV:FLT) (OTCQB:TAKOF) (Frankfurt:A3DP5Y/ABB.F) (“Volatus” or “the Company”), a leader in aerial solutions, is pleased to announce its financial results for the three and six months ended June 30, 2025 (Q2 2025). All dollar figures are stated in Canadian dollars, unless otherwise indicated. Q2 2025 delivered another...

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Inventronics Announces 2025 Q2 Financial Results

CALGARY, Alberta, Aug. 20, 2025 (GLOBE NEWSWIRE) — Inventronics Limited (the “Corporation”) (IVX:TSX Venture), a designer and manufacturer of enclosures for the telecommunications, cable, electric distribution, energy, and other industries in Canada and the USA, today announced its unaudited 2025 Q2 financial results. For the three months ended June 30, 2025, Inventronics reported net earnings of $138,000, or 2.8 cents per share, on revenue of $2,190,000 compared to net earnings of $141,000, or 2.9 cents per share, on revenue of $1,950,000 for the three months ended June 30, 2024. For the six months ended June 30, 2025, Inventronics reported net earnings of $321,000, or 6.6 cents per share, on revenue of $4,617,000 compared to net earnings of $149,000, or 3.1 cents per share, on revenue of $3,394,000 for the comparative period...

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GulfStar Group Announces the Acquisition of BWFS Industries by JHBDMB Holdings Employee Stock Ownership Trust

HOUSTON, Aug. 20, 2025 (GLOBE NEWSWIRE) — GulfStar Group (“GulfStar”) is pleased to announce the acquisition of BWFS Industries LLC (“BWFS” or the “Company”) by JHBDMB Holdings, Inc. GulfStar served as the exclusive financial advisor to BWFS on the sale of its stock to an Employee Stock Ownership Trust (ESOT). The transaction closed on July 3, 2025. Based in Houston, BWFS is a full-service, ASME-certified fabricator of large, complex pressure vessels with in-house capabilities to engineer, draft, fabricate, stress relieve, sandblast, and coat large pressure vessels in one location with minimal outsourcing. The Company has proudly served the offshore oil and gas industry for more than 25 years and has over 18,000 vessels in use around the world. “The success of the company is attributed to God’s grace and guidance,...

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