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Norden Crown Announces Closing of Acquisition of Domestic Copper Corporation and Concurrent Private Placement

Not for dissemination in the United States or for distribution to U.S. wire services VANCOUVER, British Columbia, Sept. 23, 2024 (GLOBE NEWSWIRE) — Norden Crown Metals Corporation (“Norden Crown” or the “Company”) (TSXV:NOCR, OTC:NOCRF, Frankfurt: 03E) is pleased to announce that it has closed its previously announced acquisition (the “Transaction”) of 100% of the issued and outstanding securities of Domestic Copper Corporation (“Domestic Copper”) and the concurrent non-brokered private ‎placement (the “Private Placement”).‎ In connection with the Transaction, a Share Exchange Agreement was entered into among the Company, Domestic Copper and shareholders of Domestic Copper. A copy of the agreement is available under the Company’s SEDAR+ profile at www.sedarplus.ca. The Transaction has resulted in the Company’s acquisition of the...

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Hammond Power Solutions Signs Definitive Agreement to Acquire Assets of Micron Industries Corporation

GUELPH, Ontario, Sept. 23, 2024 (GLOBE NEWSWIRE) — Hammond Power Solutions Inc. (“HPS”) (TSX: HPS.A), a leading manufacturer of dry-type transformers and power quality solutions, today announced that it has entered into a definitive agreement to acquire the assets relating to the operations of Micron Industries Corporation (“Micron Industries”), a company based in the United States. Micron Industries is a leading provider of control transformers and other electrical products and had approximately $23 million USD of revenue in 2023. Its manufacturing facility and head office are based in Sterling, Illinois. The acquisition is structured as an asset purchase through HPS’ U.S. subsidiary and is expected to close by mid-October, subject to customary closing conditions. HPS intends to continue to operate the Micron Industries assets...

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Apollo Silver to Option Cinco de Mayo Project, Chihuahua, Mexico

VANCOUVER, British Columbia, Sept. 23, 2024 (GLOBE NEWSWIRE) — Apollo Silver Corp. (“Apollo Silver” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) has entered into an exploration, earn-in and option agreement (the “Option Agreement”), dated effective September 20, 2024, with MAG Silver Corp. (“MAG”) (TSX:MAG) and its subsidiary, Minera Pozo Seco, S.A. de C.V. (“MPS”), pursuant to which Apollo Silver has the option (the “Transaction”) to acquire the Cinco de Mayo Project (the “Project” or “Cinco de Mayo”). “This is an exciting time for Apollo Silver as the addition of Cinco de Mayo marks the beginning of our transformation as a Company. We have successfully mitigated single asset risk by now boasting a portfolio of two exciting projects in two pro-mining jurisdictions,” commented Chairman and Interim CEO, Andrew Bowering....

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Telix to Acquire RLS to Expand North American Manufacturing and Distribution Platform

MELBOURNE, Australia and INDIANAPOLIS, Ind. and LAKE MARY, Fla., Sept. 23, 2024 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) and RLS (USA) Inc. (RLS, RLS Radiopharmacies), America’s only Joint Commission-accredited radiopharmacy network distributing PET1, SPECT2 and therapeutic radiopharmaceuticals, today announced an agreement by the Company to acquire RLS from its parent company, RLS Group Ltd. The acquisition significantly expands Telix’s North American manufacturing footprint and establishes the basis of a next generation radiometal production network to benefit Telix and select strategic commercial partners. Strategic Rationale The acquisition of RLS is aligned to Telix’s investment strategy around vertically integrated supply chain, manufacturing, and distribution, further enabling the delivery...

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Mondelēz International to Acquire Evirth, a China Leader in Fast-Growing Cakes and Pastries

Significantly expands Mondelēz investment in a China category leader for frozen-to-chilled cakes and pastries Meets rising demand for fresh, premium offerings – especially among younger consumers in top-tier cities Builds upon existing strategic partnership to launch new Oreo and Philadelphia branded product innovations and expand distributionCHICAGO, Sept. 20, 2024 (GLOBE NEWSWIRE) — Mondelēz International, Inc. (Nasdaq: MDLZ) today announced that it has signed an agreement to acquire a significant majority stake in Evirth, a leading manufacturer of cakes and pastries in China, subject to customary closing conditions, including regulatory approval. The move represents an important step forward in Mondelēz’s strategy to accelerate growth in the cakes and pastries category – a core focus for the company, alongside chocolate and...

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Corporate Wellness Market to Reach USD 103.94 Billion by 2031, Growing at 4.47% CAGR | SkyQuest Technology

Westford, USA, Sept. 20, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Corporate Wellness Market will reach a value of USD 103.94 billion by 2031, with a CAGR of 4.47% during the forecast period (2024-2031).  Several companies and organizations from different verticals are found designing health programs for their employees; this is predicted to boost the market growth. Workplace health initiatives assist businesses in enhancing their productivity while lowering the overall cost of operations. Corporate wellness is anticipated to be one of the fastest-moving markets as employees’ health and well-being come into prominence. Corporate wellness programs refer to programs, policies, and benefits tailored towards multiple risk factors and diseases that would affect both the employees and the well-being of the firm....

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Diagnostic Imaging Market Forecast to Grow at 5.4% CAGR from 2024 to 2031 | SkyQuest Technology

Westford, USA, Sept. 20, 2024 (GLOBE NEWSWIRE) — Diagnostic Imaging Market Forecast to Grow at 5.4% CAGR from 2024 to 2031 | SkyQuest Technology  SkyQuest projects that the Global Diagnostic Imaging Market will reach a value of USD 42167.31 Million by 2031, with a CAGR of 5.4% during the forecast period (2024-2031).  It is projected that the growing elderly population, coupled with the rising incidence of chronic diseases and the need for early disease diagnosis and detection techniques, will propel market expansion. Due to rising investments by large players, new product innovations, and advancements in technology such as portable medical devices for diagnosis at patients’ places of residence or using AI-based approach for image processing techniques in radiology, the market is expected to experience more development. Get a Free...

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Singular Genomics Receives Non-Binding Acquisition Proposal from Concentra Biosciences and Tang Capital

SAN DIEGO, Sept. 19, 2024 (GLOBE NEWSWIRE) — Singular Genomics Systems, Inc. (Nasdaq: OMIC), a company leveraging novel next-generation sequencing (NGS) and spatial multiomics technologies to empower researchers and clinicians, announced today that it has received an unsolicited non-binding proposal from Concentra Biosciences, LLC (“Concentra”) to acquire all of the Company’s outstanding shares of common stock for $12.00 per share in cash. As alternative consideration, Concentra stated that it would consider, assuming it receives sufficient interest from existing stockholders, inviting interested stockholders to elect to continue to participate in any future value realized from the Company’s ongoing business by receiving a contingent value right in lieu of receiving $12.00 per share in cash.    According to a Schedule 13D filed...

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Battalion Oil Corporation Announces Amendment to Merger Agreement with Fury Resources, Inc.

Houston, Texas, Sept. 19, 2024 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL) (“Battalion” or the “Company”) announced today that it has entered into an amendment to the previously disclosed Agreement and Plan of Merger (as amended, the “Merger Agreement”) with Fury Resources, Inc. (“Buyer” or “Parent”), pursuant to which Parent has agreed to acquire all of the outstanding shares of Common Stock of the Company (the “Common Stock”) for $7.00 per share in cash, without interest (the “Merger Consideration”). The holders of all of the outstanding shares of the Preferred Stock of the Company, Luminus Management, LLC (“Luminus”), Gen IV Investment Opportunities, LLC, and funds and accounts managed by Oaktree Capital Management, L.P. (“Oaktree”), or their respective affiliates  (collectively, the “Rollover Stockholders”),...

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Territorial Bancorp Reaffirms Its Board’s Commitment to Proposed Merger with Hope Bancorp

Rejects Blue Hill Proposal as Highly Uncertain, Inferior to Hope Merger Agreement and Unlikely to Benefit Territorial Shareholders HONOLULU, Sept. 19, 2024 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (“Territorial”) today reaffirmed the commitment of its Board of Directors to the proposed merger with Hope Bancorp, Inc. (“Hope”) that was announced on April 29, 2024. The announcement was made in response to an unsolicited proposal from Blue Hill Advisors LLC (“Blue Hill”) to acquire Territorial. “The unsolicited letter from Blue Hill claims to provide a nominally higher purchase price, but there are significant factors making the proposal highly uncertain and inferior to the merger agreed upon with Hope,” said Allan S. Kitagawa, Chairman, CEO and President of Territorial. “The Territorial Board carefully considered the proposal on...

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