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Psyence Biomedical Announces Closing of Previously Announced Acquisition of Psyence Group’s Stake in PsyLabs

PsyLabs develops and produces certified pharmaceutical-grade nature-derived psychedelics for applications in mental health and well-being Psyence Biomedical has issued common shares to Psyence Group pursuant to a debt-for-equity swap agreement NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) — Psyence Biomedical Ltd. (Nasdaq: PBM) (“Psyence Biomed” or the “Company”) today announced the successful closing of its previously announced acquisition of Psyence Group’s 11.13% stake in privately held PsyLabs.    PsyLabs is focused on the cultivation and production of psychedelic active pharmaceutical ingredients (APIs) and extracts for use in research, clinical trials and drug development. As previously announced, Psyence Biomed and PsyLabs have an existing strategic partnership whereby PsyLabs has granted Psyence Biomed a worldwide, exclusive,...

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Scheme of Arrangement for Acquisition of i3 Energy plc Becomes Effective

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION FOR IMMEDIATE RELEASE CALGARY, Alberta, Oct. 31, 2024 (GLOBE NEWSWIRE) —31 October 2024 RECOMMENDED AND FINAL CASH AND SHARE ACQUISITION for i3 Energy plc (“i3 Energy”) by Gran Tierra Energy Inc. (“Gran Tierra”) to be implemented by way of a scheme of arrangement under Part 26 of the Companies Act 2006 SCHEME OF ARRANGEMENT BECOMES EFFECTIVE On 19 August 2024, the boards of directors of i3 Energy and Gran Tierra announced that they had reached agreement on the terms of a recommended and final cash and share acquisition of the entire issued, and to be issued, share capital of i3 Energy...

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Altair Signs Definitive Agreement with Siemens to be Acquired for $10.6 Billion

Altair Stockholders to Receive $113 Per Share in Cash TROY, Mich., Oct. 30, 2024 (GLOBE NEWSWIRE) — Altair (Nasdaq: ALTR), a global leader in computational intelligence, today announced that it has entered into a definitive agreement to be acquired by Siemens, a leading technology company focused on industry, infrastructure, mobility, and healthcare. Altair stockholders will receive $113.00 per share in cash, representing an equity value of approximately $10.6 billion.  The $113.00 per share cash consideration represents a 19% premium to the closing price of Altair common stock on October 21, 2024, the last trading day prior to media speculation regarding a potential transaction, and a 13% premium to Altair’s unaffected all-time high closing price. “This acquisition represents the culmination of nearly 40 years in which Altair...

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VitalHub Announces Acquisition of Strata Health

TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) — VitalHub Corp. (TSX: VHI) (OTCQX: VHIBF) (the “Company” or “VitalHub”) is pleased to announce that it has acquired (the “Acquisition”) Strata Health Solutions Inc. (“Strata Health”), a leading provider of patient flow solutions internationally. Based in Canada, Strata Health designs, builds, and deploys software that improves access and navigation to care. Strata Health has over 80 health system partners and works with over 500 hospitals to provide over 800,000 patient transitions annually. The company serves customers in Canada, the UK, the US, and New Zealand with offices internationally. Strata Health extends VitalHub’s solution set into the electronic referral market, a large and growing market opportunity internationally. Poor transitions of care result in fragmented delivery, unsatisfactory...

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TopBuild to Acquire Shannon Global Energy Solutions

Thermal Acoustic Blanket Insulation Fabricator Strengthens TopBuild’sMechanical Insulation Offerings for Commercial and Industrial Customers;Approximately $11 Million in Annual Revenue DAYTONA BEACH, Fla., Oct. 30, 2024 (GLOBE NEWSWIRE) — TopBuild Corp. (NYSE:BLD), a leading installer and specialty distributor of insulation and building material products to the construction industry in the United States and Canada, has entered into an agreement to acquire Shannon Global Energy Solutions, based in North Tonawanda, N.Y., with approximately $11 million in annual revenue. Shannon Global, with a 36-year history of success, designs and fabricates reusable thermal, acoustical and safety products for many large multinational customers. The transaction is expected to close in the fourth quarter. Robert Buck, President and CEO of TopBuild,...

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Standard BioTools Reports Third Quarter 2024 Financial Results

SOUTH SAN FRANCISCO, Calif., Oct. 30, 2024 (GLOBE NEWSWIRE) — Standard BioTools Inc. (NASDAQ: LAB) (the “Company”) today announced unaudited interim financial results for the third quarter ended September 30, 2024. Recent Highlights:Reported third quarter 2024 revenue of $45 million Ongoing merger cost synergy realization delivered 50% adjusted EBITDA improvement and 35% net loss improvement year-over-year Operationalized approximately $80 million in merger synergies, expected to be fully realized in 2025, and reinforcing path to adjusted EBITDA break-even in 2026 Balance sheet as of September 30, 2024, includes $368 million cash, cash equivalents, restricted cash and short-term investments“Powered by Standard BioTools Business System (SBS), we focused our third quarter efforts on driving commercial execution and enhancing...

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Puma Closes the Option Agreement and $1M Private Placement with Kinross Gold

RIMOUSKI, Quebec, Oct. 30, 2024 (GLOBE NEWSWIRE) — Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the “Company” or “Puma”) is pleased to announce that it has closed its Option Agreement for the Williams Brook, Portage and Jonpol properties (collectively, the “Williams Brook Project”) announced on October 24, 2024 including a non-brokered private placement for $1,011,473.47 with Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross”). In connection with the Option Agreement, Kinross subscribed to 16,857,891 common shares of the Company at a price of $0.06 (“the Offering”). Kinross now holds approximately 9.9% of Puma’s issued and outstanding shares. Puma and Kinross have also executed an investor rights agreement (the “IRA”), pursuant to which, among other things, Kinross will be granted the right to participate in future...

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Technip Energies strengthens its process engineering workforce capabilities by acquiring business assets in Italy

Technip Energies (PARIS: TE) announces the acquisition of the businesses of GST srl and Energeco srl, two engineering companies based in Rome, Italy. GST srl and Energeco srl are specialized in process engineering and piping design, with a combined workforce of around 70 employees operating in the fields of energy, chemistry and other industries. With these acquisitions, Technip Energies pursues its strategic objective of expanding its process engineering workforce, skilled in assessing and mastering technologies, to address early engagement activities and energy transition initiatives. This acquisition builds on the two companies’ long-standing collaboration with Technip Energies as subcontractors. Loic Chapuis, Chief Operating Officer of Technip Energies commented: “We are pleased to welcome the talents and expertise of G.S.T srl and...

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Form 8.3 – [LEARNING TECHNOLOGIES GROUP PLC – 29 10 2024] – (CGWL)

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree LEARNING TECHNOLOGIES GROUP PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...

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Risk Strategies Acquires Felsen Insurance Services, Inc.

Adds to specialty expertise in Real Estate, High Net Worth Personal Lines, and Religious Institutions BOSTON, Oct. 30, 2024 (GLOBE NEWSWIRE) — Risk Strategies, a leading North American specialty insurance brokerage and risk management and consulting firm, today announced it has acquired Felsen Insurance Services, Inc. (Felsen), a New Jersey-based provider of commercial and personal P&C insurance products and services. Terms of the deal were not disclosed. Established in 1985, Felsen is based in Denville, New Jersey and led by its founder, Paul Felsen. The agency’s primary business focus is providing insurance products for real estate, condominium associations, high net worth individuals, and religious institutions. “It’s exciting to add Felsen Insurance Services to bolster our strong specialty presence in the New York metro...

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