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New Hampshire courts hear two cases on transgender girls playing girls sportsBritish Columbia Premier David Eby said Canada must approach Donald Trump's plan to impose a 25 per cent U.S. tariff on Canadian goods from a position of strength, as business, trade and community organizations called for quick action on the trade threat. Eby said premiers and Prime Minister Justin Trudeau would meet this week to discuss "our strategic approach" to the U.S. president-elect's plan to impose the tariff on Canadian and Mexican imports immediately after his inauguration on Jan. 20, unless action was taken to stem the cross-border flow of migrants and illegal drugs. The B.C. premier made the comments Tuesday in a speech to the annual convention of the B.C. Federation of Labour in Vancouver. "Obviously, this will be devastating to workers on both sides of the border," he said. "Both in the U.S. and in Canada, the impact on families will be profoundly significant." Canada and the U.S. have long been top trading partners, on imports as well as exports, and the strength of this relationship put Canada in a solid position when it came to Trump's tariff threat, Eby said. "We have more in common with Americans than what separates us," he said. "We buy more American stuff than France, than China and Japan and the United Kingdom combined. So, we are negotiating, I believe, from a position of strength." Eby called for a united Canadian approach to the proposed U.S. tariff. "We're going to stand together and we're going to ensure we negotiate from a position of strength and that we negotiate hard and ensure any decisions that are made are in the best interests of British Columbians and Canadians," he said. Eby acknowledged improvements could be made on Canada's border, especially when it came to policing contraband and illegal drugs. "We've called repeatedly, for example, for port police to ensure what comes into B.C. is not contraband, is not illicit drugs or precursor chemicals," he said. "These are things that we can do to make life better here in B.C., as well as respond to concerns that have been raised south of the border." Trump issued a statement on social media on Monday saying Canada and Mexico had the power to solve their border issues, which he called a "long simmering problem." Opposition B.C. Conservative Leader John Rustad called for the immediate recall of the B.C. legislature Tuesday to provide funding to secure borders to stop the flow of illegal drugs and migrants. Business organizations in B.C. called on the provincial and federal government to immediately address Trump's tariff plan, which they said would will hurt businesses. The proposal would have significant consequences for B.C. businesses of all sizes and would harm communities and workers across the province, said Fiona Famulak, B.C. Chamber of Commerce president and chief executive officer. “Ottawa must take this news seriously and work proactively with representatives of the incoming U.S. administration immediately to address the issue before the tariffs are implemented," she said in a statement. "We cannot afford to wait until January to take action." The Metro Vancouver city of Surrey, which has two U.S. border crossings, said in a statement the proposed tariff would have severe implications for the city's business community. Most of B.C.'s manufacturing industry is located in Surrey and the city is also home to many thriving import-export-reliant businesses, which would face increased costs and potential job losses if the U.S. tariff was imposed, said Jasroop Gosal, Surrey Board of Trade spokesman. The B.C. Lumber Trade Council said the proposed tariff would hurt U.S. consumers and homebuyers by driving up the cost of building materials from Canada, while the Greater Vancouver Board of Trade said the U.S. was B.C.’s most important trading partner, accounting for 54 per cent of the province’s commodity exports in 2023. "It is imperative that we engage constructively with our U.S. counterparts to advance our collective interests," said Bridgitte Anderson, board of trade president and CEO. "This should act as a wake-up call to all levels of government that a new Team Canada approach is required," said Anderson. "We saw the reaction in the markets, and we saw the (Canadian) dollar fall. The shock waves were quite significant and we shouldn't underestimate what the impact of this could be." She said some of B.C.’s top exports to the U.S. are natural gas, softwood lumber, agricultural products, and minerals and metals. But some economists and policy analysts warned against falling for familiar Trump negotiation tactics. “He likes nothing more than to see his negotiating partners trembling in fear or running around screaming with their hair on fire," said Carlo Dade, trade and infrastructure director at the Alberta-based Canada West Foundation. "So, we need to react, but we need to do so with prudence, with firmness, with thought and without fear and panic." Prof. Nicolas Schmitt said the tariff proposal was a threat rather than a solid policy decision. “We should not panic about the 25 per cent threat right now," said Schmitt, who teaches economics at Simon Fraser University. "It's a bullying tactic. It's like bullying in the schoolyard." B.C. government data says the province's exports to the U.S. in the first half of 2024 were worth $16.9 billion, down 1.1 per cent compared to the same period last year. The U.S. is by far B.C.'s largest export destination, with mainland China in second place receiving goods worth $4.9 billion in the year to July, up 13.2 per cent. This report by The Canadian Press was first published Nov. 26, 2024. Dirk Meissner and Nono Shen, The Canadian Pressbit ly jili777 。

Revenue grows 125% year over year Current hashrate surpasses 33.5 EH/s on track for 37 EH/s LAS VEGAS , Dec. 2, 2024 /PRNewswire/ -- CleanSpark, Inc. CLSK (the "Company"), America's Bitcoin Miner®, today reported financial results for the fiscal year ended September 30, 2024 . "Our performance this year reflects a sustained growth trajectory, solidifying our position as one of the top Bitcoin miners in the world, as we move into an anticipated new bull market," said CleanSpark CEO Zach Bradford . "Reflecting on the past year, our results in FY 2024 and the positioning of the company going into 2025 demonstrated the wisdom of our counter-cyclical growth and capital allocation strategy. We produce durable, high performing growth and have been since our earliest days in Bitcoin mining," Bradford said. "CleanSpark has prioritized owned infrastructure as its core foundation, putting us in the best position to optimize our portfolio of data centers to drive ROI to our shareholders as we continue to rapidly deploy additional hashrate on our path to 37 EH by year-end and 50 EH and beyond in 2025." "We anticipated that there would be prime opportunities for M&A paired with organic growth, and over the past year we capitalized by adding 423 MWs to our operating portfolio bringing us to 726 MW, as of today. As we continue focusing on scale in FY 2025 and beyond, we will develop the remaining hundreds of MW in the near-term pipeline while always staying opportunistic," said Bradford. "The team produced our strongest year of financial performance to date, solidifying a track record of effective execution and keeping commitments to shareholders. This fiscal year included the fourth halving event in Bitcoin 's history, and our organizational commitment to operational excellence has allowed us to weather it more successfully than many of our industry peers," said CleanSpark CFO Gary Vecchiarelli . "Even with the halving event impacting block rewards and a significant increase in difficulty, our production outpaced both, yielding approximately 7,100 BTC thanks to our growth in hashrate and the efficiency improvements to our fleet. "CleanSpark's financial strength continued to grow in fiscal 2024," said Vecchiarelli. "Heading into 2025, we have significant scale and size, a healthy balance sheet, industry leading operations and a strong liquidity position, and we are well positioned to pursue diverse capital raising strategies," Vecchiarelli said. Financial Highlights: Full Fiscal Year 2024 Financial Results for the Fiscal Year Ended September 30, 2024 . The Company's annual revenues were $378.9 million , an increase of $210.5 million , or 125%, from $168.4 million for the prior fiscal year. Net loss for the year ended September 30, 2024 , was ($145.8) million or ($0.69) basic loss per share compared to a net loss of ($138.1) million or ($1.30) loss per share for the prior fiscal year. Adjusted EBITDA was $245.8 million , an increase of $220.8 million from $25.0 million for the prior fiscal year. 1 Balance Sheet Highlights as of September 30, 2024 Assets Cash: $122.2 million Bitcoin : $509.5 million (includes bitcoin receivable of $77.8 million posted as collateral), based upon 8,049 bitcoin at a price of $63,301 at September 30, 2024 Total Current Assets: $705.4 million Total Mining Assets (including prepaid deposits & deployed miners): $902.0 million Total Assets: $2.0 billion Liabilities and Stockholders' Equity Current Liabilities: $187.9 million Total Liabilities: $201.8 million Total Stockholders' Equity: $1.8 billion The Company had working capital of $517.5 million and $66.0 million of loans payable as of September 30, 2024 . 1 See "Non-GAAP Measure" and the related reconciliation below Investor Conference Call and Webcast The Company will hold its fiscal year 2024 earnings presentation and business update for investors and analysts today, December 2, 2024 , at 1:30 p.m. PT / 4:30 p.m. ET . Webcast URL: https://investors.cleanspark.com The webcast will be accessible for at least 30 days on the Company's website and a transcript of the call will be available on the Company's website following the call. About CleanSpark CleanSpark CLSK , America's Bitcoin Miner ® , is a market-leading, pure play bitcoin miner with a proven track record of success. We own and operate a portfolio of mining facilities across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin , energy, operational excellence and capital stewardship, we optimize our mining facilities to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by securing the most important finite, global asset – Bitcoin – positions us to prosper in an ever-changing world. Visit our website at www.cleanspark.com . Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this press release, forward-looking statements include, but may not be limited to, statements regarding the Company's expectations, beliefs, plans, intentions, and strategies. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "targets," "projects," "contemplates," "believes," "estimates," "forecasts," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the risk that the electrical power available to our facilities does not increase as expected; the success of its digital currency mining activities; the volatile and unpredictable cycles in the emerging and evolving industries in which we operate, including the volatility of BTC prices; increasing difficulty rates for bitcoin mining; bitcoin halving; new or additional governmental regulation; the anticipated delivery dates of new miners; the Company's ability to successfully completed acquisitions, including integration risks relating to completed and potential acquisitions, the ability to successfully deploy new miners; the dependency on utility rate structures and government incentive programs; dependency on third-party power providers for expansion efforts; the expectations of future revenue growth may not be realized; and other risks described in the Company's prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading "Risk Factors" in those filings. Forward-looking statements contained herein are made only as to the date of this press release, and we assume no obligation to update or revise any forward-looking statements as a result of any new information, changed circumstances or future events or otherwise, except as required by applicable law. Non-GAAP Measure The Company presents adjusted EBITDA, which is not a measurement of financial performance under generally accepted accounting principles in the United States ("GAAP"). The Company's non-GAAP "Adjusted EBITDA" excludes (i) impacts of interest, taxes, and depreciation; (ii) the Company's share-based compensation expense, unrealized gains/losses on securities, and, changes in the fair value of contingent consideration with respect to previously completed acquisitions, all of which are non-cash items that the Company believes are not reflective of the Company's general business performance, and for which the accounting requires management judgment, and the resulting expenses could vary significantly in comparison to other companies; (iii) non-cash impairment losses related to long-lived assets (including goodwill); (iv) realized gains and losses on sales of equity securities, the amounts of which are directly related to the unrealized gains and losses that are also excluded; (v) legal fees related to litigation and various transactions, which fees management does not believe are reflective of the Company's ongoing operating activities; (vi) gains and losses on disposal of assets, the majority of which are related to obsolete or unrepairable machines that are no longer deployed; (vii) gains and losses related to discontinued operations that would not be applicable to the Company's future business activities; and (viii) severance expenses. The Company previously excluded non-cash impairment losses related to digital assets and realized gains and losses on sales of bitcoin from its calculation of adjusted EBITDA, but has determined such items are part of the Company's normal ongoing operations and will no longer be excluding them from its calculation of adjusted EBITDA. Management believes that providing this non-GAAP financial measure that excludes these items allows for meaningful comparisons between the Company's core business operating results and those of other companies, and provides the Company with an important tool for financial and operational decision making and for evaluating its own core business operating results over different periods of time. In addition to management's internal use of non-GAAP adjusted EBITDA, management believes that adjusted EBITDA is also useful to investors and analysts in comparing the Company's performance across reporting periods on a consistent basis. Management believes the foregoing to be the case even though some of the excluded items involve cash outlays and some of them recur on a regular basis (although management does not believe any of such items are normal operating expenses necessary to generate the Company's bitcoin related revenues). For example, the Company expects that share-based compensation expense, which is excluded from adjusted EBITDA, will continue to be a significant recurring expense over the coming years and is an important part of the compensation provided to certain employees, officers, and directors. Additionally, management does not consider any of the excluded items to be expenses necessary to generate the Company's bitcoin related revenue. The Company's adjusted EBITDA measure may not be directly comparable to similar measures provided by other companies in our industry, as other companies in the Company's industry may calculate non-GAAP financial results differently. The Company's adjusted EBITDA is not a measurement of financial performance under GAAP and should not be considered as an alternative to operating (loss) income or any other measure of performance derived in accordance with GAAP. Although management utilizes internally and presents adjusted EBITDA, the Company only utilizes that measure supplementally and does not consider it to be a substitute for, or superior to, the information provided by GAAP financial results. Accordingly, adjusted EBITDA is not meant to be considered in isolation of, and should be read in conjunction with, the information contained in the Company's consolidated financial statements, which have been prepared in accordance with GAAP. CLEANSPARK, INC. CONSOLIDATED BALANCE SHEETS (in thousands, except par value and share amounts) September 30, 2024 September 30, 2023 ASSETS Current assets Cash and cash equivalents $ 121,222 $ 29,215 Restricted cash 3,056 — Receivable for equity offerings — 9,590 Prepaid expense and other current assets 7,995 3,258 Bitcoin (See Note 2 and Note 6) 431,661 56,241 Receivable for bitcoin collateral (See Note 2 and Note 12) 77,827 — Note receivable from GRIID (see Note 7) 60,919 — Derivative investments 1,832 2,697 Investment in debt security, AFS, at fair value 918 726 Current assets held for sale — 445 Total current assets $ 705,430 $ 102,172 Property and equipment, net $ 869,693 $ 564,395 Operating lease right of use asset 3,263 688 Intangible assets, net 3,040 4,603 Deposits on miners and mining equipment 359,862 75,959 Other long-term asset 13,331 5,718 Goodwill 8,043 8,043 Total assets $ 1,962,662 $ 761,578 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $ 82,992 $ 39,900 Accrued liabilities 43,874 25,677 Other current liabilities 2,240 311 Current portion of loans payable 58,781 6,992 Current liabilities held for sale — 1,175 Total current liabilities $ 187,887 $ 74,055 Long-term liabilities Operating lease liability, net of current portion 997 519 Finance lease liability, net of current portion — 9 Loans payable, net of current portion 7,176 8,911 Deferred income taxes 5,761 2,416 Total liabilities $ 201,821 $ 85,910 Commitments and contingencies - Note 18 CLEANSPARK, INC. CONSOLIDATED BALANCE SHEETS (continued) (in thousands, except par value and share amounts) September 30, 2024 September 30, 2023 Stockholders' equity Preferred stock; $0.001 par value; 10,000,000 shares authorized; Series A shares; 2,000,000 authorized; 1,750,000 issued and outstanding (liquidation preference $0.02 per share) Series X shares; 1,000,000 and 0 authorized, issued and outstanding, respectively 3 2 Common stock; $0.001 par value; 300,000,000 shares authorized; 270,897,784 and 160,184,921 shares issued and outstanding, respectively 271 160 Additional paid-in capital 2,239,367 1,009,482 Accumulated other comprehensive income 418 226 Accumulated deficit (479,218) (334,202) Total stockholders' equity 1,760,841 675,668 Total liabilities and stockholders' equity $ 1,962,662 $ 761,578 The accompanying notes are an integral part of these consolidated financial statements. CLEANSPARK, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (in thousands, except per share and share amounts) For the year ended September 30, 2024 September 30, 2023 September 30, 2022 Revenues, net Bitcoin mining revenue, net $ 378,968 $ 168,121 $ 131,000 Other services revenue — 287 525 Total revenues, net $ 378,968 $ 168,408 $ 131,525 Costs and expenses Cost of revenues (exclusive of depreciation and amortization shown below) 165,516 93,580 41,234 Professional fees 13,806 10,869 6,469 Payroll expenses 74,095 45,714 40,920 General and administrative expenses 30,185 20,823 10,423 Loss on disposal of assets 5,466 1,931 (643) Gain on fair value of bitcoin, net (see Note 2 and Note 6) (113,423) — — Other impairment expense (related to bitcoin) — 7,163 12,210 Impairment expense - fixed assets 197,041 — — Impairment expense - other 716 — 250 Impairment expense - goodwill — — 12,048 Realized gain on sale of bitcoin — (1,357) (2,567) Depreciation and amortization 154,609 120,728 49,045 Total costs and expenses $ 528,011 $ 299,451 $ 169,389 Loss from operations $ (149,043) $ (131,043) $ (37,864) Other income (expense) Other income — 11 308 Change in fair value of contingent consideration — 2,484 306 Recognized gain on bitcoin collateral returned 91 — — Change in fair value of bitcoin collateral 1,384 — — Realized gain on sale of equity security — — 1 Unrealized loss on equity security — — (2) Unrealized loss on derivative security (965) (259) (1,950) Interest income 8,555 481 190 Interest expense (2,455) (2,977) (1,078) Total other income (expense) $ 6,610 $ (260) $ (2,225) Loss before income tax expense (142,433) (131,303) (40,089) Income tax expense 3,344 2,416 — Loss from continuing operations $ (145,777) $ (133,719) $ (40,089) Discontinued operations Loss from discontinued operations $ — $ (4,429) $ (17,237) Income tax expense — — — Loss on discontinued operations $ — $ (4,429) $ (17,237) Net loss $ (145,777) $ (138,148) $ (57,326) Preferred stock dividends 3,422 — 336 Net loss attributable to common shareholders $ (149,199) $ (138,148) $ (57,662) Other comprehensive income, net of tax 192 116 115 Total comprehensive loss attributable to common shareholders $ (149,007) $ (138,032) $ (57,547) CLEANSPARK, INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (continued) (in thousands, except per share and share amounts) For the year ended September 30, 2024 September 30, 2023 September 30, 2022 Loss from continuing operations per common share - basic $ (0.69) $ (1.30) $ (0.95) Weighted average common shares outstanding - basic 216,860,819 102,707,509 42,614,197 Loss from continuing operations per common share - diluted $ (0.69) $ (1.30) $ (0.95) Weighted average common shares outstanding - diluted 216,860,819 102,707,509 42,614,197 Loss on discontinued operations per common share - basic $ - $ (0.04) $ (0.40) Weighted average common shares outstanding - basic 216,860,819 102,707,509 42,614,197 Loss on discontinued operations per common share - diluted $ - $ (0.04) $ (0.40) Weighted average common shares outstanding - diluted 216,860,819 102,707,509 42,614,197 CLEANSPARK, INC. RECONCILIATION OF ADJUSTED EBITDA (Unaudited, in thousands) For the Year Ended September 30, 2024 2023 Net income (loss) $ (145,777) $ (138,148) Adjustments: Loss on discontinued operations — 4,429 Impairment expense – fixed assets 197,041 — Impairment expense – other 716 — Depreciation and amortization 154,609 120,728 Share-based compensation expense 29,555 24,142 Other income — (11) Change in fair value of contingent consideration — (2,484) Unrealized loss (gain) of derivative security 965 259 Interest income (8,555) (481) Interest expense 2,455 2,977 Loss on disposal of assets 5,466 1,931 Income tax expense 3,344 2,416 Fees related to financing & business development transactions 4,059 697 Litigation & settlement related expenses 1,970 7,872 Severance and other expenses — 701 Total Adjusted EBITDA $ 245,848 $ 25,028 Investor Relations Contact Brittany Moore 702-989-7693 ir@cleanspark.com Media Contact Eleni Stylianou 702-989-7694 pr@cleanspark.com View original content to download multimedia: https://www.prnewswire.com/news-releases/cleanspark-reports-record-breaking-fy-2024-results-outpacing-halving-and-difficulty-302320036.html SOURCE CleanSpark, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Adewale 4-5 1-2 9, Klaczek 2-4 0-0 6, Joshua 4-4 2-2 13, Langford 5-9 1-2 11, Marshall 6-9 2-2 17, Reddish 4-7 2-3 12, Taylor 1-2 0-1 2, Neely 3-4 0-0 6, Briggs 1-4 0-0 3, Strand 2-6 0-0 6, Topuz 2-6 0-0 6, Adnan 0-1 0-0 0, Lindsey 0-0 2-2 2, Giralt 0-0 0-2 0. Totals 34-61 10-16 93. Perez 1-3 0-0 2, Gonzalez 2-4 1-2 5, Saavedra 1-5 0-0 2, Uselis 1-6 3-4 5, Zayas 2-4 0-2 4, Guilfu 0-5 0-1 0, Pagan 0-2 0-4 0, Bargas 1-4 3-4 6, Maldonado 6-10 2-3 16, Alicea 3-7 2-3 10. Totals 17-50 11-23 50. Halftime_Albany (NY) 49-26. 3-Point Goals_Albany (NY) 15-28 (Joshua 3-3, Marshall 3-5, Klaczek 2-3, Reddish 2-3, Strand 2-4, Topuz 2-5, Briggs 1-3, Langford 0-1, Taylor 0-1), Tarzans 5-19 (Alicea 2-3, Maldonado 2-6, Bargas 1-3, Pagan 0-1, Gonzalez 0-2, Saavedra 0-2, Uselis 0-2). Rebounds_Albany (NY) 42 (Klaczek 7), Tarzans 19 (Zayas 5). Assists_Albany (NY) 20 (Joshua, Marshall 5), Tarzans 4 (Perez 2). Total Fouls_Albany (NY) 25, Tarzans 13. A_20 (12,000).New books to read this week

Upon closing, the transaction would secure global IP rights for NKGen. NKGen and its partners can begin to commercialize troculeucel in Korea, Japan and other markets where natural-killer (“NK”) cell therapy is already legal. NKGen proposal included up to $18 million in committed funding. Closing expected in 1Q 2025. SANTA ANA, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) -- NKGen Biotech, Inc. (Nasdaq: NKGN) (“NKGen” or the “Company”), a clinical-stage biotechnology company focused on the development and commercialization of innovative autologous and allogeneic natural killer cell therapeutics, today announced it has been selected as the preferred stalking horse bidder for NKMax Co., Ltd. (“NKMax”) in NKMax’s court-managed rehabilitation process in South Korea. NKMax filed for rehabilitation in South Korea, roughly similar to Chapter 11 in the US, on April 18, 2024, and currently holds an approximate 25% equity interest in NKGen. NKGen’s proposal included up to $18 million in committed funding from a third-party investor. As is typical in US bankruptcies, there will now be a public offering process, with NKGen having final right of first refusal on any other qualified offers, with the final decision and ultimate rehabilitation plan approved by NKMax’s creditors and the court expected in February 2025 and closing thereafter (the “Acquisition”). NKGen and its financing partners expect to hold a majority of the equity of NKMax at closing. NKMax currently holds master global rights to the intellectual property (“IP”) for troculeucel (formerly known as SNK01) and other proprietary IP that is licensed to NKGen for markets outside Asia. Such an acquisition is expected to put global rights under the control of NKGen. Prior to entering into the rehabilitation process, NKMax announced plans and commenced initial groundwork to commercialize the troculeucel treatment for Alzheimer’s and other neurodegenerative diseases in Japan and South Korea, where such NK cell treatment is legal already. Additional production capacity at NKMax’s GMP facility will be an added benefit which could help accelerate production for US trials. “ As we have made tremendous progress in our clinical program especially with the launch of our phase II trial for moderate stage Alzheimer’s disease, we felt that it was essential for us to preserve the very close scientific and clinical partnership with the NKMax team, rather than have NKMax acquired by someone without any cell therapy knowledge or experience”, commented Paul Y. Song, MD, Chairman and CEO of NKGen Biotech. “As we continue to work towards US FDA approval, we will be able to begin to commercialize troculeucel in countries like Japan, Thailand, Malaysia, Mexico and others where an autologous non-genetically modified cell therapy is considered as a legal treatment and already readily available. We believe that we will be much stronger and will deliver more value for our patients and shareholders when operated as one global team.” NKGen does not believe the NKMax rehabilitation process has had any material negative impact on NKGen’s business or prospects. About Troculeucel Troculeucel is a novel cell-based, patient specific ex vivo expanded autologous natural killer (“NK”) cell, immunotherapeutic drug candidate. NKGen is developing troculeucel for the treatment of neurodegenerative disorders and a broad range of cancers. Troculeucel is the International Nonproprietary Name (“INN”) for SNK01 assigned by the World Health Organization (“WHO”). The WHO INN approval of troculeucel establishes a universally recognized nonproprietary drug name for SNK01 and marks a significant step on our journey toward bringing this therapy to market. About NKMax Founded in 2002 and headquartered in Seoul, South Korea, NKMax Co., Ltd. is a clinical-stage biotechnology company focused on advancing immune cell therapies. In addition to its therapeutic innovations, NKMax develops and commercializes bioreagents and immunodiagnostic kits, with revenues derived from these products as well as health supplements. In 2016, NKMax completed its GMP-certified manufacturing facility, and obtained approval from the Korean MFDS (Ministry of Food and Drug Safety) in 2018, strengthening its capabilities in high-quality cell therapy production. Listed on the KOSDAQ, a South Korean stock exchange, NKMax's trading has since been suspended during the course of ongoing rehabilitation efforts. About NKGen Biotech NKGen is a clinical-stage biotechnology company focused on the development and commercialization of innovative autologous and allogeneic NK cell therapeutics. NKGen is headquartered in Santa Ana, California, USA. For more information, please visit www.nkgenbiotech.com . Forward-Looking Statements Statements contained in this press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “could”, “continue”, “expect”, “estimate”, “may”, “plan”, “outlook”, “future” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Because such statements are subject to risks and uncertainties, many of which are outside of the Company’s control, actual results may differ materially from those expressed or implied by such forward-looking statements. Such statements include, but are not limited to, the closing of the Acquisition, which may not close on the terms or timing anticipated, or at all, the satisfaction or waiver of any conditions to the closing of the Acquisition, the anticipated impacts or benefits of the Acquisition, the closing of the expected funding for the Acquisition, the risk of shareholder litigation in connection with the Acquisition, including resulting expense or delay; the risk that NKMax’s business will not be integrated successfully or that such integration may be more difficult, time-consuming or costly than expected, the successful and timely completion and the commercialization of troculeucel, statements regarding the Company’s plans and expected timing for developing troculeucel and SNK02, including the expected timing of completing and announcing further results from its ongoing clinical studies; and the Company’s expected timing for developing its product candidates and potential benefits of its product candidates. Risks that contribute to the uncertain nature of the forward-looking statements include: the Company’s ability to execute its plans and strategies; risks related to performing clinical studies; the risk that initial and interim results of a clinical study do not necessarily predict final results and that one or more of the clinical outcomes may materially change as patient enrollment continues, following more comprehensive reviews of the data, and as more patient data become available; potential delays in the commencement, enrollment and completion of clinical studies and the reporting of data therefrom; the risk that studies will not be completed as planned; the risk that the abstract will not be published as planned including delays in timing, format, or accessibility; and NKGen’s ability to raise additional funding to complete the development of its product candidates. These and other risks and uncertainties are described more fully under the caption “Risk Factors” and elsewhere in the Company’s filings and reports, which may be accessed for free by visiting the Securities and Exchange Commission’s website at www.sec.gov and on the Company’s website under the subheading “Investors—Financial and Filings”. Investors should take such risks into account and should not rely on forward-looking statements when making investment decisions. All forward-looking statements contained in this press release speak only as of the date on which they were made. The Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law. Internal Contact: Denise Chua, MBA, CLS, MLS (ASCP) SVP, Corporate Affairs 949-396-6830 dchua@nkgenbiotech.com External Contacts: Chris Calabrese Managing Director LifeSci Advisors, LLC ccalabrese@lifesciadvisors.com Kevin Gardner Managing Director LifeSci Advisors, LLC kgardner@lifesciadvisors.com

British Columbia Premier David Eby said Canada must approach Donald Trump's plan to impose a 25 per cent U.S. tariff on Canadian goods from a position of strength, as business, trade and community organizations called for quick action on the trade threat. Eby said premiers and Prime Minister Justin Trudeau would meet this week to discuss "our strategic approach" to the U.S. president-elect's plan to impose the tariff on Canadian and Mexican imports immediately after his inauguration on Jan. 20, unless action was taken to stem the cross-border flow of migrants and illegal drugs. The B.C. premier made the comments Tuesday in a speech to the annual convention of the B.C. Federation of Labour in Vancouver. "Obviously, this will be devastating to workers on both sides of the border," he said. "Both in the U.S. and in Canada, the impact on families will be profoundly significant." Canada and the U.S. have long been top trading partners, on imports as well as exports, and the strength of this relationship put Canada in a solid position when it came to Trump's tariff threat, Eby said. "We have more in common with Americans than what separates us," he said. "We buy more American stuff than France, than China and Japan and the United Kingdom combined. So, we are negotiating, I believe, from a position of strength." Eby called for a united Canadian approach to the proposed U.S. tariff. "We're going to stand together and we're going to ensure we negotiate from a position of strength and that we negotiate hard and ensure any decisions that are made are in the best interests of British Columbians and Canadians," he said. Eby acknowledged improvements could be made on Canada's border, especially when it came to policing contraband and illegal drugs. "We've called repeatedly, for example, for port police to ensure what comes into B.C. is not contraband, is not illicit drugs or precursor chemicals," he said. "These are things that we can do to make life better here in B.C., as well as respond to concerns that have been raised south of the border." Trump issued a statement on social media on Monday saying Canada and Mexico had the power to solve their border issues, which he called a "long simmering problem." Opposition B.C. Conservative Leader John Rustad called for the immediate recall of the B.C. legislature Tuesday to provide funding to secure borders to stop the flow of illegal drugs and migrants. Business organizations in B.C. called on the provincial and federal government to immediately address Trump's tariff plan, which they said would will hurt businesses. The proposal would have significant consequences for B.C. businesses of all sizes and would harm communities and workers across the province, said Fiona Famulak, B.C. Chamber of Commerce president and chief executive officer. “Ottawa must take this news seriously and work proactively with representatives of the incoming U.S. administration immediately to address the issue before the tariffs are implemented," she said in a statement. "We cannot afford to wait until January to take action." The Metro Vancouver city of Surrey, which has two U.S. border crossings, said in a statement the proposed tariff would have severe implications for the city's business community. Most of B.C.'s manufacturing industry is located in Surrey and the city is also home to many thriving import-export-reliant businesses, which would face increased costs and potential job losses if the U.S. tariff was imposed, said Jasroop Gosal, Surrey Board of Trade spokesman. The B.C. Lumber Trade Council said the proposed tariff would hurt U.S. consumers and homebuyers by driving up the cost of building materials from Canada, while the Greater Vancouver Board of Trade said the U.S. was B.C.’s most important trading partner, accounting for 54 per cent of the province’s commodity exports in 2023. "It is imperative that we engage constructively with our U.S. counterparts to advance our collective interests," said Bridgitte Anderson, board of trade president and CEO. "This should act as a wake-up call to all levels of government that a new Team Canada approach is required," said Anderson. "We saw the reaction in the markets, and we saw the (Canadian) dollar fall. The shock waves were quite significant and we shouldn't underestimate what the impact of this could be." She said some of B.C.’s top exports to the U.S. are natural gas, softwood lumber, agricultural products, and minerals and metals. But some economists and policy analysts warned against falling for familiar Trump negotiation tactics. “He likes nothing more than to see his negotiating partners trembling in fear or running around screaming with their hair on fire," said Carlo Dade, trade and infrastructure director at the Alberta-based Canada West Foundation. "So, we need to react, but we need to do so with prudence, with firmness, with thought and without fear and panic." Prof. Nicolas Schmitt said the tariff proposal was a threat rather than a solid policy decision. “We should not panic about the 25 per cent threat right now," said Schmitt, who teaches economics at Simon Fraser University. "It's a bullying tactic. It's like bullying in the schoolyard." B.C. government data says the province's exports to the U.S. in the first half of 2024 were worth $16.9 billion, down 1.1 per cent compared to the same period last year. The U.S. is by far B.C.'s largest export destination, with mainland China in second place receiving goods worth $4.9 billion in the year to July, up 13.2 per cent. This report by The Canadian Press was first published Nov. 26, 2024. Dirk Meissner and Nono Shen, The Canadian Press

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Mark Few likes No. 3 Gonzaga's toughness after win over future Pac-12 'partner' SDSUNEW YORK , Dec. 15, 2024 /PRNewswire/ -- The global steel casting market size is estimated to grow by USD 7.27 billion from 2024 to 2028, according to Technavio. The market is estimated to grow at a CAGR of 4.6% during the forecast period. The report provides a comprehensive forecast of key segments below- Segmentation Overview 1.1 Automotive and transportation 1.2 Construction and infrastructure 1.3 Mining 1.4 Power 1.5 Others 2.1 Sand casting 2.2 Investment casting 2.3 Die casting 2.4 Centrifugal casting 3.1 APAC 3.2 North America 3.3 Europe 3.4 Middle East and Africa 3.5 South America Get a glance at the market contribution of rest of the segments - Download a FREE Sample Report in minutes! 1.1 Fastest growing segment: The global steel casting market experienced significant growth in the automotive and transportation sector in 2023. Steel casting is a cost-effective solution for manufacturing various components in this industry, including drums, flywheels, engine casings, gears, suspension systems, steering systems, pipe fittings, exhaust systems, cylinder heads, and others. In automotive manufacturing, the increasing global volume of vehicle production will continue to drive demand for steel casting. Leading automobile producers, such as Germany , South Korea , Japan , India , and China , will contribute to this growth. Additionally, steel casting is extensively used in the railway and locomotive industry for components like chocks, derailers, heel blocks, joint bars, rail braces, railway tracks and lines, and other locomotive parts. In the aerospace sector, steel casting is utilized for manufacturing turbine engines and aircraft components due to its high quality and precision. The rising middle-class population, with an annual income between USD20,000 and USD150,000 , is expected to reach over 48% of the global population by 2027. This demographic's increasing spending power on domestic airline travel will fuel the demand for freight aircraft, leading to growth in the steel casting market for this segment. Overall, the automotive and transportation sector's expansion will significantly contribute to the global steel casting market's growth during the forecast period. Analyst Review The global steel casting market is witnessing significant growth due to its extensive applications in various industries. Automotive sector is a major consumer, with the increasing production of lightweight vehicles leading to a higher demand for aluminum casting and magnesium components. Die casting using sand molds is a popular method in automotive manufacturing, while the construction market relies on cast iron and grey iron metal for infrastructure projects and industrial products. Recyclable materials are increasingly being used to reduce environmental impact. The telecom industry utilizes stainless-steel castings for their durability and resistance to corrosion. Emission regulations drive the demand for iron casting in powertrains and engine components. The transportation, water supply, energy networks, and building & construction industries also contribute to the market growth. Skilled labor is essential for the production of high-quality steel castings, making it a labor-intensive process. Ductile iron and various alloys are used in various applications, including vehicle components, pipes, and engine blocks. Market Overview The Steel Casting Market encompasses the production of various types of steel castings, including those made from grey iron metal, ductile iron, and stainless-steel, using processes like sand mold and die casting. This capital-intensive industry caters to diverse sectors, with significant demand coming from the Automotive Sector for manufacturing engine components, transmissions, and lightweight vehicle parts using aluminum casting and magnesium. The Telecom Industry also utilizes steel castings for producing antennas and other infrastructure equipment. Regulations, particularly emission regulations, influence the market's growth, driving the adoption of lightweight casting materials like aluminum alloy and the increase in aluminum content in vehicle production. The European Union (EU) and other regional bodies set regulations that impact regional-level production numbers and penetration. The Metal Casting Industry's average selling price depends on the volume of components produced, material type, and process used. Foundry Equipment manufacturers cater to this industry, providing essential machinery for the production of castings. The market includes various types of castings, such as those for powertrains, body & chassis, and industrial products. The Building & Construction Industry and Infrastructure Projects also rely on steel castings for transportation, water supply, and energy networks. Alternative manufacturing processes like 3D printing and investment casting are gaining traction, potentially impacting the traditional steel casting market. The market's growth is influenced by vehicle type, regional-level production numbers, and regional-level penetration, with thousands of units produced annually. To understand more about this market- Download a FREE Sample Report in minutes! Key Topics Covered: 1 Executive Summary 2 Market Landscape 3 Market Sizing 4 Historic Market Size 5 Five Forces Analysis 6 Market Segmentation 7 Customer Landscape 8 Geographic Landscape 9 Drivers, Challenges, and Trends 10 Venodr Landscape 11 Vendor Analysis 12 Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/ SOURCE Technavio

B.C. Premier Eby says Canada must negotiate from position of strength on U.S. tariff

NC State defensive coordinator Tony Gibson is named head coach at MarshallWhen Angela Merkel left the German chancellorship in December 2021, after 16 years in power, she had a credible claim to being one of the greatest politicians of the 21st century (so far). Now, after three years of deafening silence, and with her legacy in shambles, she is promoting her forthcoming political memoir. Her silence was more persuasive. She gave her first interview to the German weekly Der Spiegel, defending major policies that helped to shape Germany and Europe as we know them today. Among these were her appeasement of Russia, which adhered to the Cold War principle of “change through trade” (Wandel durch Handel); her welcoming of more than 1 million refugees (mostly from Syria and the Middle East) in 2015; and the phaseout of Germany’s nuclear power plants. A fourth issue concerns not a policy but the lack of one. Owing to Merkel’s failure to do anything noticeable to adapt the German economy to this century’s technological challenges, the country remains under-digitalized, with embarrassingly poor internet access, an absurdly overgrown bureaucracy, governing institutions that still use fax machines, and once-dominant companies that can no longer compete with their American and Asian counterparts. German highways and bridges are crumbling, trains regularly run late, and major infrastructure projects (like Berlin’s rail station and airport) take two or three times longer than they would in Poland or even Romania. Where once Germans heaped scorn on Poles for supposedly being foolish and incompetent, now the tables have turned. Visit Germany nowadays and you may find that you cannot even pay for breakfast with your credit card. You will have to run to an ATM, but you may find that it is broken or does not accept Visa or Mastercard (as is the case two-thirds of the time). And don’t even think about connecting to Wi-Fi. You will find better access (and a more dynamic information-technology sector) in Belarus -- a Russian vassal state. Moreover, Merkel did nothing during her 16 years in power to prod the industries that Germany prides itself on -- chemicals, pharmaceuticals, internal-combustion vehicles -- to adapt to the 21st century, and now it shows. The German army, meanwhile, is regularly an object of ridicule in the European press. If Germans prefer to use fax machines and avoid the internet, that is their business. Unfortunately, though, their government’s decisions affect all of Europe. Merkel’s moral argument for providing aid and shelter to refugees in 2015 is uncontroversial. But surely she should have known that immigration on such a massive scale would produce a populist backlash, not only in Germany but throughout Europe. Merkel made a show of standing up for liberal democratic values, but her policy yielded an assault on them. The result was weaker liberal democracy and less immigration. Similarly, by stubbornly insisting on the Nord Stream and Nord Stream II pipeline projects, Merkel and other German leaders empowered a dangerous dictator who had revisionist designs on Eastern Europe. And by blocking NATO from offering a “membership action plan” to Ukraine and Georgia at the 2008 Bucharest summit, Germany effectively invited Russia to invade. Anyone with an elementary knowledge of Russia’s foreign policy knew that the Kremlin would exploit the resulting uncertainty. In her Spiegel interview, Merkel blames others for this litany of failures. She says she was not the only one against a NATO accession process for Ukraine and Georgia; but is that supposed to excuse her? Europeans took their cues from Germany in those days, and Merkel’s voice mattered more than others -- as she well knows. Similarly, Merkel is still repeating the canard that Nord Stream was a purely economic project, even though it obviously was not. In defending appeasement of Russia, she argues that Poland and Ukraine did not mind having gas transit through their territories as long as they profited from it. But the controversy around Nord Stream was that by circumventing Poland and Ukraine, it diminished whatever influence they had vis-a-vis Moscow. Merkel decided that cheaper gas was more important than Polish or Ukrainian security. In the end, her approach brought an energy crisis and was one of the causes of a new land war on the European continent. The result was no cheap energy and no security. Merkel’s decision, following the 2011 Fukushima disaster in Japan, to phase out Germany’s nuclear power plants also empowered Russia by making the German economy even more dependent on Russian hydrocarbons. Again, such choices could still be defensible if we lived in blissful ignorance of Vladimir Putin’s true character. But after 2008, and especially after 2014, there was no longer any question about who he was and what he intended to do. Merkel herself was repeatedly warned. As early as 2006, Radek Sikorski, then Poland’s defense minister, was comparing the Nord Stream project to the Molotov-Ribbentrop Pact (the secret 1939 agreement between Hitler and Stalin not to attack each other). Five years later, he was still beating the same drum, warning that Poland and Europe had more to fear from German passivity than from German power. Merkel ignored these arguments. During her long tenure, Germany tried to trade Eastern European security for cheap energy, abandoned an existing renewable-energy source, and gave nativist populists a potent campaign issue. She made Europe less safe from threats both foreign and domestic. Today, with Germany mired in a leadership crisis and buffeted by new global headwinds, Merkel continues to tell herself that she did everything right. Slawomir Sierakowski Slawomir Sierakowski, founder of the Krytyka Polityczna movement, is a Mercator senior fellow. The views expressed here are the writer's own. -- Ed. (Project Syndicate)Patrick Fishburn leads at Sea Island as Joel Dahmen keeps alive hopes of keeping his job

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Article content Donald Trump’s planned tax cuts would wipe out Canada’s slim corporate tax advantage, likely driving more capital from the northern nation and deepening its productivity crisis. Recommended Videos Canada’s federal corporate income tax rate is 15%, compared with 21% in the U.S.. After accounting for provincial and state levies, the two countries are similar, with the corporate rate between 25% and 27% in Canada and about 26% to 27% in the U.S., said John Oakey, vice president of taxation with Chartered Professional Accountants Canada. Trump has proposed slashing the U.S. corporate rate to 15%. He’s also pledged to extend his 2017 tax cuts, many of which are due to expire by the end of 2025, including individual income tax reductions. While he may face hurdles in Congress, the Republican sweep of both chambers makes it more likely he’ll pull off his agenda. His election “turns the heat up” on Canadian policymakers, said William Robson, chief executive officer of the C.D. Howe Institute, as the country “ought to be reducing the taxes that are the most punishing on entrepreneurial activity and investment.” That includes taxes on businesses and high earners. “We need to break the glass on our tax competitiveness problem,” he said. Finance Minister Chrystia Freeland estimated earlier this year that the tax rate on new business investment would rise to 16.8% by 2028, more than eight points lower than a projected 24.9% in the U.S. Trump’s election upends that expectation. And her government’s decision to raise the capital gains inclusion rate in June to “make Canada’s tax system fairer” drew the ire of many economists and businesses. Under Prime Minister Justin Trudeau, fiscal policy has been geared toward redistribution and has recently involved new spending on housing, daycare, dental and drug plans. That’s increasingly been funded by corporate taxes, which represented 21% of the federal government’s revenues in fiscal year 2022-23 — the highest in data going back to 1966. “Directionally, it’s becoming more clear that the U.S. is going in one direction and Canada’s going the other,” Oakey said. Trump’s tariff threats aside, Canada is at a disadvantage to the U.S. The world’s biggest economy has more than eight times Canada’s population. The US also spends more on research and development as a percentage of its economy — 3.6% in 2022, versus 1.8% for Canada. When Trump began slashing business taxes in 2017, Trudeau’s government responded by allowing Canadian firms to write off certain assets more quickly, including machinery and equipment. Those tax breaks are set to end this year. A top priority should be keeping those breaks as part of a “major shift” in Canada’s tax system, said economist Jack Mintz, president’s fellow in the school of public policy at the University of Calgary. The Business Council of Canada also recommended “a comprehensive review of the tax system to better incentivize private sector investments and boost wages” in a report from September. Mintz suggested reducing the country’s top personal tax rates, which are above 50% in most jurisdictions and kick in at lower incomes than in other Group of Seven countries such as France and Japan. Lost revenue could be recouped as businesses expand production or new firms are created, he said. The country’s parliamentary budget officer, Yves Giroux, has argued that Canada has the space for tax cuts. Brain Drain High taxes add fuel to concerns about Canada’s productivity problem, which the country’s central bank declared an “emergency” in March and attributed to limited capital investment. These conditions are prompting some entrepreneurs to consider moving elsewhere. That so-called brain drain has been a longstanding issue. Tech founders often point to Slack Technologies Inc., which originated in Vancouver but set up in San Francisco before being acquired by Salesforce in 2021 for $27.7 billion. An artificial intelligence chip startup called Tenstorrent founded in Toronto — valued this month at $2.7 billion — quietly re-domiciled to Santa Clara, California, at the end of 2023, according to tech publication The Logic. Others may follow suit. “Almost every day we’re talking about whether, for our own scale plans, it makes sense to stay in Canada or whether the move is to go to the United States in 2025,” said Herman Chandi, co-founder of UrbanLogiq, a Vancouver-based startup that sells data analytics to governments. Chandi said he’s mulling factors such as Trump’s tax agenda, the increase to Canada’s capital gains inclusion rate, “Buy American” procurement policies, the cost of living in Vancouver and anemic economic growth in Canada. His company’s investors may also require UrbanLogiq to move to the U.S., “and so those conversations are ongoing.” Tax advisers have also had conversations like these. “Anecdotally, I’ve heard from lots of professionals who have packed up and left or have at least said they’re considering leaving,” Oakey said. Kenneth Keung, a tax adviser with Moodys Tax in Calgary, said he’s also seeing a ramp up in wealthy clients, including manufacturers, asking for guidance on how they can move their businesses and assets to the US since Trump’s election. Conservative Leader Pierre Poilievre, whose party holds a substantial polling lead over the incumbent Liberals, has pledged to cut taxes and regulations for businesses, though he’s not specified how low taxes would go. “Rampant tax increases by the Trudeau NDP-Liberal government have pushed money out of our country,” Poilievre said in a radio interview with CKNW in Vancouver last month, referring to a power-sharing deal the Liberals had with the left-wing New Democratic Party. He said he would eliminate the carbon tax, cut income tax and cut taxes on investment if elected.

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BOSTON, Dec 16 (AP) After weeks of fear and bewilderment about the drones buzzing over parts of New York and New Jersey, elected officials are urging action to identify and stop the mysterious flights. “There's a lot of us who are pretty frustrated right now,” Rep. Jim Himes, D-Conn., the top Democrat on the House Intelligence Committee, said on “Fox News Sunday.” “We don't know' is not a good enough answer,” he said. National security officials have said the drones don't appear to be a sign of foreign interference or a public safety threat. But because they can't say with certainty who is responsible for the sudden swarms of drones over parts of New Jersey, New York and other eastern parts of the U.S. — or how they can be stopped — has led leaders of both political parties to demand better technology and powers to deal with the drones. Sen. Chuck Schumer called Sunday for the U.S. Department of Homeland Security to deploy better drone-tracking technology to identify the drones and their operators. “New Yorkers have tremendous questions about it,” Schumer, the Senate Majority leader, told reporters about the drone sightings. “We are going to get the answers for them.” The federal government did little to answer those questions in its own media briefings Sunday morning. “There's no question that people are seeing drones,” U.S. Homeland Security Secretary Alejandro Mayorkas told ABC's George Stephanopoulos. “But I want to assure the American public that we are on it. We are working in close coordination with state and local authorities.” Some of the drones reported above parts of New York and New Jersey have turned out to be “manned aircraft that are commonly mistaken for drones,” Mayorkas said. “We know of no foreign involvement with respect to the sightings in the Northeast. And we are vigilant in investigating this matter.” Last year, federal aviation rules began requiring certain drones to broadcast their remote identification, including the location of their operators. It's not clear whether that information has been used to determine who is behind the drones plaguing locations over New York and New Jersey. Mayorkas' office didn't respond to questions about whether they've been able to identify drones using this capability. Schumer wants the federal government to use a recently declassified radio wave technology in New York and New Jersey. The radio wave detector can be attached to a drone or airplane and can determine whether another flying object is a bird or a drone, read its electronic registration, and follow it back to its landing place. Schumer said state and local authorities do not have the authority to track drones. On Sunday, New York Gov. Kathy Hochul said federal officials were sending a drone detection system to the state. “This system will support state and federal law enforcement in their investigations,” Hochul said in a statement. The governor did not immediately provide additional details, including where the system will be deployed. Dozens of mysterious nighttime flights started last month over parts of New Jersey, raising concerns among residents and officials. Part of the worry stems from the flying objects initially being spotted near the Picatinny Arsenal, a U.S. military research and manufacturing facility and over President-elect Donald Trump's golf course in Bedminster. Drones are legal in New Jersey for recreational and commercial use, but they are subject to local and Federal Aviation Administration regulations and flight restrictions. Operators must be FAA certified. Drones are now being reported all along the northern East Coast, with suspicious sightings in Connecticut, Massachusetts, Pennsylvania and Virginia, according to news reports. Some U.S. political leaders, including Trump, have called for much stronger action against these drones, including shooting them down. Certain agencies within the Department of Homeland Security have the power to “incapacitate” drones, Mayorkas said Sunday. “But we need those authorities expanded,” he said. A bill before the U.S. Senate would enhance some federal agencies' authority and give new abilities to local and state agencies to track drones. It would also start a pilot program allowing states and local authorities to disrupt, disable or seize a drone without prior consent of the operator. “What the drone issue points out are gaps in our agencies, gaps in our authorities between the Department of Homeland Security, local law enforcement, the Defense Department.," said Rep. Mike Waltz, R-Fla., Trump's pick to be his national security adviser, speaking on CBS' “Face the Nation” on Sunday. "Americans are finding it hard to believe we can't figure out where these are coming from." (AP) SKY SKY (This story has not been edited by THE WEEK and is auto-generated from PTI)None

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. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION (EU) NO 596/2014 (MAR) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018. LONDON, UK / ACCESSWIRE / December 8, 2024 / Further to the announcement made by the Company and Metals Exploration plc ("MTL") on 4 December 2024 in relation to the proposed recommended offer ("Offer") by MTL for the entire issued, and to be issued, ordinary share capital (the "Rule 2.7 Announcement"), the Board of Condor confirm that it has today, 6 December 2024, issued a Part 8 Claim Form in the Companies Court for an Order ("Order") under Section 896 of the Companies Act 2006 to convene on 6 January 2025 at 10 a.m., a single meeting of the holders of its Ordinary Shares (the "Meeting") for the purpose of considering and if thought fit approving (with or without modification) a scheme of arrangement ("Scheme") proposed to be made between the Company and the holders of its shares (the "Scheme Shareholders") in order to give effect to the Offer. Further details regarding the proposed Scheme are set out in the Rule 2.7 Announcement. If the Court makes an Order that the Meeting be convened and if at the Meeting a majority in number representing 75% in value of the Scheme Shareholders present and voting either in person or by proxy agree to the proposed arrangements, the court may, on further application by the Company under Section 899 of the Companies Act 2006, sanction the proposed Scheme of Arrangement. A hearing of the Claim is listed on 9 December 2024 at 10.30am (the "Convening Hearing"). The Convening Hearing is to be held online and shareholders wishing to be represented at the Convening Hearing should contact the company secretary of the Company at cosec@condorgold.com . Scheme Shareholders are entitled to attend or be represented at both the Convening Hearing and the hearing of the Court at which the Company will seek an order sanctioning the Scheme, which is expected to be held on 13 January 2025. Subject to the Order being granted, a scheme document in relation to the proposed Scheme will be published in due course and a further announcement will be made at that time. Enquiries: Condor Gold plc Mark Child, CEO Tel: +44 (0) 207 493 2784 Beaumont Cornish Limited Nominated Adviser Tel: +44 (0)207 628 3396 Roland Cornish / James Biddle SP Angel Corporate Finance LLP Tel: +44 (0) 203 470 0470 Ewan Leggat H&P Advisory Limited Tel: +44 207 907 8500 Andrew Chubb, Franck Nganou, Ilya Demichev Cassiopeia (Investor Relations) Tel: +44 7949690338 Stefania Barbaglio Neither the Toronto Stock Exchange nor the London Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this announcement. Important information This announcement is not intended to, and does not, constitute, represent or form part of any offer, invitation or solicitation of an offer to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities or the solicitation of any vote or approval in any jurisdiction whether pursuant to this announcement or otherwise. The distribution of this announcement in jurisdictions outside the UK may be restricted by law and therefore persons into whose possession this announcement comes should inform themselves about, and observe, such restrictions. Any failure to comply with the restrictions may constitute a violation of the securities law of any such jurisdiction. Beaumont Cornish ("BCL"), which is regulated by the Financial Conduct Authority ("FCA"), is acting as financial adviser exclusively for Bird and for no one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than Bird for providing the protections afforded to its clients or for providing advice in relation to the matters referred to in this announcement. Neither BCL, nor any of its affiliates, owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of BCL in connection with this announcement, any statement contained herein or otherwise. SP Angel Corporate Finance LLP ("SP Angel"), which is regulated by the FCA, is acting as adviser exclusively for Bird and for no one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than Bird for providing the protections afforded to its clients or for providing advice in relation to the matters referred to in this announcement. Neither SP Angel, nor any of its affiliates, owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of SP Angel in connection with this announcement, any statement contained herein or otherwise. H&P Advisory Limited ("H&P"), which is regulated by the FCA, is acting as adviser exclusively for Bird and for no one else in connection with the matters referred to in this announcement and will not be responsible to anyone other than Bird for providing the protections afforded to its clients or for providing advice in relation to the matters referred to in this announcement. Neither H&P, nor any of its affiliates, owes or accepts any duty, liability or responsibility whatsoever (whether direct or indirect, whether in contract, in tort, under statute or otherwise) to any person who is not a client of H&P in connection with this announcement, any statement contained herein or otherwise. MAR The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK Domestic Law by virtue of the European Union (Withdrawal) Act 2018. The person responsible for releasing this statement on behalf of the Company is Mark Child. SOURCE: Condor Gold plc View the original on accesswire.com