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Month: August 2025

Berkshire Hills Bancorp and Brookline Bancorp to be Combined as Beacon Financial Corporation and Beacon Bank Upon the Closing of their Merger of Equals

BOSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) — Berkshire Hills Bancorp, Inc. (“Berkshire”) (NYSE: BHLB), the parent company of Berkshire Bank, and Brookline Bancorp, Inc. (“Brookline”) (NASDAQ: BRKL), the parent company of Brookline Bank, Bank Rhode Island, and PCSB Bank, today announced that the combined holding company that will be created through their transformative merger of equals will be named Beacon Financial Corporation and remain listed on the New York Stock Exchange under a new ticker symbol BBT. While the legal name of the combined bank will be Beacon Bank & Trust, it will be more commonly referred to as Beacon Bank. The merger is expected to be completed in the third quarter of 2025, subject to regulatory approvals and normal closing conditions. Beacon Bank Logo The name Beacon Bank was carefully chosen to reflect...

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Duolingo Doubles Down on Delight with Acquisition of Music Gaming Startup NextBeat’s Innovative Team

London-based team brings deep expertise in music games, licensing, and interactive design PITTSBURGH, Aug. 06, 2025 (GLOBE NEWSWIRE) — Duolingo, Inc. (Nasdaq: DUOL), the world’s leading mobile learning platform, announced today it has acquired the team behind NextBeat, a London-based music gaming startup known for blending world-class music licensing with engaging mobile gameplay. With this move, Duolingo is investing in making its Music course as fun and joyful as the best mobile games in the market. “Learning should be just as engaging as playing a great game, whether you’re practicing a new language or playing a favorite song,” said Bob Meese, Chief Business Officer at Duolingo. “This is a strategic bet on talent. The NextBeat team brings deep mobile gaming and music industry expertise, which will make our Music course and the...

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Tevogen Sees Significant Institutional Ownership Growth; 73% of Holders Increase Positions

WARREN, N.J., Aug. 06, 2025 (GLOBE NEWSWIRE) — Tevogen (“Tevogen Bio Holdings Inc.” or “Company”) (Nasdaq: TVGN), today announced an update on institutional ownership of the Company’s outstanding common stock, as reported by institutional investment managers on Form 13F filed with the Securities and Exchange Commission (SEC). As reported on March 31, 2025, institutional ownership of Tevogen common stock increased by 60% compared to the reported amount on December 31, 2024. The largest contributors to this growth were Vanguard and BlackRock, which together increased their holdings by 151%. Among the 51 institutional investment managers holding Tevogen stock as reported on March 31, 2025, 73% increased or maintained their positions. Notably, only one of the current institutional holders also held Tevogen stock during the same period...

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Fredonia Mining Inc. Grants Stock Options

TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) — Fredonia Mining Inc. (“Fredonia” or the “Company”) (TSXV: FRED) has granted a total of 985,000 stock options (the “Options”) of the Company to purchase a total of 985,000 common shares at a price of $0.40 per common share. 830,000 of the Options were granted to directors and officers as identified in the table below.Name Options GrantedAli Mahdavi 210,000Estanislao Auriemma 200,000Ricardo Auriemma 110,000Michael Doolan 110,000Waldo Perez 110,000Carlos Espinosa 90,000Each Option is exercisable for a period of five years and has been granted in accordance with the terms of the Company’s current stock option plan. The Options and the underlying common shares are subject to a four month hold period. About Fredonia Fredonia holds gold and silver license areas totaling...

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Judicial Review Petition Dismissed, Mount Polley to Continue Constructing TSF Raise 

VANCOUVER, British Columbia, Aug. 06, 2025 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company” or “Imperial”) (TSX:III) announces that the Supreme Court of British Columbia today has dismissed the application of the Xatśūll First Nation (“Xatśūll“) for an injunction and judicial review of two provincial approvals authorizing construction of a four-metre lift on the tailings storage facility (“TSF”) at the Mount Polley Mine (“Mount Polley”). The Court found the decisions of the two provincial authorities allowing Mount Polley to construct the TSF lift were reasonable and were made fairly, and that the Government sufficiently consulted with the Xatśūll before making those decisions. The Court’s decision cited the extensive consultation record and actions taken in support of Xatśūll’s review of the approvals.   Imperial...

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TCM Group A/S revise full year guidance for 2025

COMPANY ANNOUNCEMENT No. 230/2025 Tvis, 6 August 2025 TCM Group A/S revise full year guidance for 2025 As the closing of the acquisition of the remaining 55% of shares in Celebert ApS will be later than previously expected cf. company announcement no. 229/2025, the impact of Celebert on the revenue and earnings of TCM in 2025 will be smaller and in consequence TCM Group is adjusting our full-year outlook as follows: Full year revenue of DKK 1,250 – 1,325 million (previously DKK 1,250-1,400 million), andAdjusted EBIT in the range DKK 90 – 115 million (previously DKK 90 – 120 million). For further information please contact:Torben Paulin, CEO, TCM Group A/S, +45 21 21 04 64Thomas Hjannung, CFO, TCM Group A/S, +45 25 17 42 33IR Contact – ir@tcmgroup.dk About TCM Group TCM Group is Scandinavia’s third largest manufacturer of kitchens and furniture...

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TCM Group A/S to acquire remaining 55% of shares in Celebert ApS

COMPANY ANNOUNCEMENT No. 229/2025 Tvis, 6 August 2025 TCM Group A/S to acquire remaining 55% of shares in Celebert ApS TCM Group A/S has today entered into an agreement to acquire the remaining 55% of the shares in Celebert ApS, following the decision of the majority shareholder to exercise its put option. The exercise of the put option was expected and in line with our communication in the Annual report for 2024. The transaction is subject to usual regulatory approvals including an approval from the competition authorities and is expected to close in Q4 2025. Celebert ApS is a well-established and fast-growing online retailer of kitchens, bathroom interiors, wardrobes, and white goods. Since being founded in 2007, Celebert has been a pioneer in the Danish online kitchen market. Under the leadership of founder and CEO Birk Aagaard, the...

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Wearable Devices Ltd. Announces a Warrant Inducement Transaction for $2.4 Million in Gross Proceeds

Yokneam Illit, Israel, Aug. 06, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), an award-winning pioneer in artificial intelligence (“AI”)-based wearable gesture control technology, today announced its entry into a warrant inducement agreement with an existing institutional investor of the Company for the immediate exercise of warrants to purchase up to 1,661,000 of its ordinary shares (the “Existing Warrants”) at an exercise price of $1.45 per share for gross cash proceeds of approximately $2.4 million, before deducting  fees and other transaction expenses. The Company intends to use the net proceeds from the warrant inducement transaction for working capital and other general corporate purposes. In consideration for the immediate exercise in full of the Existing Warrants,...

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Fairplay Ventures Inc. Announces Election of Directors

TORONTO, Aug. 06, 2025 (GLOBE NEWSWIRE) — Fairplay Ventures Inc. (TSXV: FPY.P) (“Fairplay” or the “Company”) is pleased to announce that each director nominee listed in its management information circular, dated June 26, 2025, was elected or re-elected, as applicable, at its annual general and special meeting of shareholders held yesterday, August 5, 2025 (the “Meeting”). Pursuant to the Meeting, the Company’s board of directors currently comprises Messrs. Mark Scarrow, Jason Gorel and Vern Vipul. Messrs. Scarrow and Gorel were re-elected at the Meeting and the Company welcomes Mr. Vipul, elected for his first term as a director of the Company at the Meeting, to the board of directors. Mr. Bruno Amadi did not stand for re-election as a director of the Company at the Meeting and ceased being a director of the Company upon the election...

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Andrew Peller Limited Announces Second Quarter Fiscal 2026 Dividend

GRIMSBY, Ontario, Aug. 06, 2025 (GLOBE NEWSWIRE) — The Board of Directors of Andrew Peller Limited (ADW.A / ADW.B) (the “Company”) announced today that it has approved a quarterly common share dividend of $0.0615 per Class A Share and $0.0535 per Class B Share to be paid on October 10, 2025, to shareholders of record on September 30, 2025. The Company has consistently paid common share dividends since 1979. The Company currently designates all dividends paid as “eligible dividends” for purposes of the Income Tax Act (Canada) unless indicated otherwise. About Andrew Peller Limited Andrew Peller Limited is one of Canada’s leading producers and marketers of quality wines and craft spirits. The Company’s award‐winning premium and ultra‐premium Vintners’ Quality Alliance (“VQA”) brands include Peller Estates, Trius, Thirty Bench, Wayne...

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