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Day: March 11, 2026

NFI Reports Record Fourth Quarter and Full Year 2025 Results

Strong quarterly performance supported a record fiscal year with profitability improvements and a closing backlog of $13.0 billion WINNIPEG, Manitoba, March 11, 2026 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leader in bus and coach manufacturing and aftermarket parts and services, today announced its audited consolidated financial results for Fiscal 2025. All figures quoted in U.S. dollars unless otherwise noted. Fourth Quarter HighlightsDeliveries: 1,233 equivalent units (“EUs”), with 27.4% being battery- and fuel cell-electric buses (“ZEBs”) Revenue: $1,025.1 million, an increase of 22.5% year-over-year Gross Margin: $174.4 million, an increase of 89.0% year-over-year, positively impacted by higher margin units being delivered from backlog1 Net...

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California Resources Corporation Announces Pricing of Upsized Private Offering of $350 Million of Additional 7.000% Senior Unsecured Notes due 2034

LONG BEACH, Calif., March 11, 2026 (GLOBE NEWSWIRE) — California Resources Corporation (NYSE: CRC) (the “Company”) announced today the pricing of an upsized private offering of $350 million in aggregate principal amount of its 7.000% senior unsecured notes due 2034 (the “Notes”). The offering size was increased from the previously announced $250 million aggregate principal amount. The Notes were priced at 100.500% of par, plus accrued and unpaid interest from October 8, 2025. The Notes will mature on January 15, 2034, pay interest at the rate of 7.000% per year and are payable semi-annually on January 15 and July 15 of each year. The first interest payment will be made on July 15, 2026. The Offering is expected to close on March 23, 2026, subject to customary closing conditions. The Notes are being offered as additional notes under...

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GFiber and Stonepeak’s Astound to combine, creating a leading independent broadband provider

Stonepeak to become majority shareholder in new venture combining GFiber and Astound Broadband; Alphabet to retain minority stake Mountain View, CA, and New York, NY, March 11, 2026 (GLOBE NEWSWIRE) — GFiber (formerly Google Fiber) and Stonepeak today announced that they have entered an agreement to combine GFiber with Astound Broadband, creating a leading independent fiber provider. The new company will be majority owned by Stonepeak, an investment firm specializing in infrastructure and real assets. Alphabet will remain a significant minority shareholder, reflecting its confidence in GFiber’s growth opportunity and leadership. The combined business will be led by the existing GFiber executive team, utilizing their expertise in high-speed fiber innovation to manage the combined network footprint. The combination of GFiber’s high-growth...

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Descartes Announces Fiscal 2026 Fourth Quarter and Annual Financial Results

Record Revenues and Income from Operations WATERLOO, Ontario and ATLANTA, March 11, 2026 (GLOBE NEWSWIRE) — The Descartes Systems Group Inc. (TSX:DSG) (Nasdaq:DSGX) announced its financial results for its fiscal 2026 fourth quarter (Q4FY26) and year (FY26) ended January 31, 2026. All financial results referenced are in United States (US) currency and, unless otherwise indicated, are determined in accordance with US Generally Accepted Accounting Principles (GAAP). “Our business performed ahead of our plans for both the fourth quarter and full fiscal year,” said Edward J. Ryan, Descartes’ CEO. “Our customers continue to face tariff uncertainty, both in the future tariff landscape and the potential recovery of some previously-paid tariffs. A rapidly changing geopolitical landscape also continues to impact shipping...

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Eldorado Announces Mailing of Joint Management Information Circular; Provides Leadership Transition and Board Succession Update

VANCOUVER, British Columbia, March 11, 2026 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (TSX: ELD, NYSE American: EGO)  (“Eldorado” or the “Company”) today announced the mailing of a joint management information circular (the “Circular”) for the meetings of Eldorado shareholders and shareholders of Foran Mining Corporation (“Foran”) to be held in connection with Eldorado’s previously announced combination with Foran (the “Transaction”). In addition to being mailed to Eldorado and Foran securityholders, the Circular has been posted on the Company’s website at www.eldoradogold.com and filed on SEDAR+ at www.sedarplus.com under the Company’s profile. The Circular provides detailed information regarding the Transaction, including background on the combination, and matters to be voted on by securityholders of Eldorado and Foran in connection...

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GlobalFoundries Announces Launch of Public Secondary Offering and Concurrent Share Repurchase

MALTA, N.Y., March 11, 2026 (GLOBE NEWSWIRE) — GlobalFoundries (Nasdaq: GFS) (GF) today announced the launch of a secondary public offering of 20,000,000 ordinary shares to the public and approximately $300 million of ordinary shares to be repurchased by GF, as described below. All of the shares in the offering are being offered by Mubadala Technology Investment Company (the “Selling Shareholder”). The Selling Shareholder is a wholly owned subsidiary of Mubadala Investment Company PJSC (which, together with its affiliates, is GF’s largest shareholder). The Selling Shareholder is expected to grant the underwriters a 30-day option to purchase up to an additional 3,000,000 of GF’s ordinary shares (equal to 15% of the initial ordinary shares being sold to the public) at the public offering price minus underwriting discounts...

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WSP announces private offering of US$1.5 billion aggregate principal amount of senior unsecured notes

MONTREAL, March 11, 2026 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) announced today that it has priced a private offering (the “Offering”) of US$650 million aggregate principal amount of 5.039% senior unsecured notes due September 18, 2031 (the “2031 Notes”) and US$850 million aggregate principal amount of 5.714% senior unsecured notes due September 18, 2036 (together with the 2031 Notes, the “Notes”). The Corporation intends to use the net proceeds from the Offering to repay a portion of the advances and drawdowns under certain of the Corporation’s credit facilities incurred in connection with the payment of the purchase price in respect of the acquisition of TRC Companies, which closed on February 24, 2026, and for general corporate purposes. The Offering is expected to close on or about March...

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HM Exploration Expands Pilley’s Island VMS District with Acquisition of Lewis Copper Tenure

~With historic drilling returning 1.84% copper over 16.7m~ VANCOUVER, British Columbia, March 11, 2026 (GLOBE NEWSWIRE) — HM Exploration Corp. (“HM Exploration” or “HM” or the “Company”) (CSE:HM) is pleased to announce that it has entered into a property option agreement dated March 11, 2026 (the “Agreement”) to acquire (the “Acquisition”) the option to earn a hundred percent (100%) interest in the Lewis Copper VMS Tenure located in Newfoundland, Canada (the “Tenure” or “Lewis Tenure”). “This acquisition expands HM’s control of the Pilley’s Island VMS district,” said Nicholas Rodway, CEO of HM Exploration. “With promising historic copper drilling intercepts and multiple undrilled targets, we believe the district holds strong discovery potential. We are excited to hit the ground running for HM’s first ever diamond drill program.” Highlights:The...

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Bird Reports 2025 Fourth Quarter Results; $11 Billion Combined Backlog and Pending Backlog

MISSISSAUGA, Ontario, March 11, 2026 (GLOBE NEWSWIRE) — “In 2025, Bird successfully navigated near‑term revenue timing shifts while continuing to progress margins and strengthen the business. Strong demand across our key strategic sectors drove record combined backlog with accretive embedded margins, providing historic levels of forward visibility into revenue and earnings growth. Through disciplined project selection, expanded self‑perform capabilities from the acquisition of Fraser River Pile & Dredge, and major project awards, we further strengthened our platform and broadened our participation across industrial, maintenance, buildings, and infrastructure markets,” stated Teri McKibbon, President and CEO of Bird Construction. “Bird remains strongly positioned for Canada’s long‑duration nation‑building investment cycle, including...

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MariMed Reports Fourth Quarter and Full Year 2025 Earnings

Delivered Revenue Growth in Challenging Environment, Sixth Consecutive Year of Positive Adjusted EBITDA, and Strengthened Balance Sheet NORWOOD, Mass., March 11, 2026 (GLOBE NEWSWIRE) — MariMed Inc. (“MariMed” or the “Company”) (CSE: MRMD) (OTCQX: MRMD), a leading multi-state cannabis operator focused on improving lives every day, today announced its financial results for the fourth quarter and year ended December 31, 2025. Despite continued pricing pressure across many cannabis markets, the Company generated revenue growth and positive Adjusted EBITDA for the sixth consecutive year, reflecting the strength of its branded product portfolio and disciplined operational execution. 2025 HighlightsRevenue of $159.8 million Sixth consecutive year of positive Adjusted EBITDA Wholesale revenue increased 11% Distribution expanded to 85%...

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