Tag: GlobeNewswire

WATERLOO, Ontario and ATLANTA, Nov. 02, 2026 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its third-quarter fiscal 2027 financial results after market close on Wednesday, December 2, 2026.

Members of Descartes’ executive management team will host a conference call to discuss the company’s financial results at 5:30 p.m. ET on Wednesday, December 2, 2026. Designated numbers are +1 289 514 5100 or Toll-Free for North America at +1 800 717 1738, using conference ID 32904.

The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descartes/investor-relations. A phone conference dial-in or webcast log-in is required approximately 10 minutes before the start.

Replays of the conference call will be available until Wednesday, December 9, 2026, by dialing +1 289 819 1325 or Toll-Free for North America using +1 888 660 6264 with Playback Passcode: 32904#. An archived replay of the webcast will be available at www.descartes.com/descartes/investor-relations.

About Descartes

Descartes powers more responsive, efficient, secure, and sustainable international and domestic supply chains by uniting logistics-intensive businesses on its Global Logistics Network (GLN). Shippers, carriers, and logistics service providers connect and collaborate on the GLN, leveraging technology, data, and AI to manage last-mile deliveries, domestic and international shipments, transportation rating and payment, global trade research, customs compliance, and a variety of regulatory processes. Learn more about Descartes at www.descartes.com and connect with us on LinkedIn and X.

Descartes Investor Contact
Laurie McCauley
(519) 746-2969
investor@descartes.com

WATERLOO, Ontario and ATLANTA, Nov. 02, 2026 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that its Descartes MacroPoint™ Advanced Ocean Visibility solution is now integrated with SAP Business Network Freight Collaboration and SAP Business Network Global Track and Trace through a standardized connection to the Descartes Global Logistics Network™ (Descartes GLN™). The combined solution provides shippers with access to expanded multimodal visibility capabilities within their SAP transportation environments.

“As supply chains become increasingly global, multimodal and disruption-prone, organizations require more timely and consistent visibility across transportation modes to improve planning and execution,” said Dan Cicerchi, EVP, Corporate & Operations Development at Descartes. “By bringing our ocean visibility data directly into SAP’s leading transportation platforms from the Descartes GLN, shippers can gain a more complete view of global shipments, improve operational responsiveness and strengthen supply chain resilience.”

Ocean visibility data from the Descartes GLN flows into SAP Business Network Freight Collaboration and SAP Business Network Global Track and Trace, providing near real-time container-level tracking of departures, arrivals, loading events, gate movements and other critical milestones within customers’ existing SAP workflows. This creates a consistent visibility experience across both ocean and road transportation movements. By combining standardized APIs, harmonized data models, and continuously updated logistics event data, the combined solution simplifies deployment, delivers multimodal visibility at scale, and provides a trusted foundation for analytics, automation, and AI-driven supply chain innovation. The comprehensive testing program confirmed production-ready performance, reliable event exchange, accurate milestone tracking and robust support for complex shipment scenarios across the full shipment lifecycle.

The new end-to-end connection builds on the existing Descartes GLN integration with SAP Business Network Freight Collaboration, which supports processes such as carrier booking. Descartes MacroPoint Advanced Ocean Visibility is available on the SAP^® Store.

SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying and renewing more than 2,300 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And for each purchase made through SAP Store, SAP will plant a tree.

Descartes is a partner in the SAP PartnerEdge^® program. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively.

About Descartes

Descartes powers more responsive, efficient, secure and sustainable international and domestic supply chains by uniting logistics-intensive businesses on its Global Logistics Network (GLN). Shippers, carriers, and logistics service providers connect and collaborate on the GLN leveraging technology, data and AI to manage last mile deliveries, domestic and international shipments, transportation rating and payment, global trade research, customs compliance and a variety of regulatory processes. Learn more about Descartes at www.descartes.com and connect with us on LinkedIn and X.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

Descartes Media Contact
Andra Schaz
aschaz@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities regulatory authorities across Canada including Descartes’ most recently filed annual and interim management’s discussion and analysis which are available under Descartes’ profile through the EDGAR website at http://www.sec.gov or through the SEDAR+ website at http://www.sedarplus.com/. If any such risks actually occur, they could, among other consequences, materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Except as required by applicable law, we do not undertake or accept any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00be1da3-ba1f-428c-8337-5d505ebf4709

WATERLOO, Ontario and ATLANTA, Nov. 02, 2026 (GLOBE NEWSWIRE) — Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that its Descartes MacroPoint™ Advanced Ocean Visibility solution is now integrated with SAP Business Network Freight Collaboration and SAP Business Network Global Track and Trace through a standardized connection to the Descartes Global Logistics Network™ (Descartes GLN™). The combined solution provides shippers with access to expanded multimodal visibility capabilities within their SAP transportation environments.

“As supply chains become increasingly global, multimodal and disruption-prone, organizations require more timely and consistent visibility across transportation modes to improve planning and execution,” said Dan Cicerchi, EVP, Corporate & Operations Development at Descartes. “By bringing our ocean visibility data directly into SAP’s leading transportation platforms from the Descartes GLN, shippers can gain a more complete view of global shipments, improve operational responsiveness and strengthen supply chain resilience.”

Ocean visibility data from the Descartes GLN flows into SAP Business Network Freight Collaboration and SAP Business Network Global Track and Trace, providing near real-time container-level tracking of departures, arrivals, loading events, gate movements and other critical milestones within customers’ existing SAP workflows. This creates a consistent visibility experience across both ocean and road transportation movements. By combining standardized APIs, harmonized data models, and continuously updated logistics event data, the combined solution simplifies deployment, delivers multimodal visibility at scale, and provides a trusted foundation for analytics, automation, and AI-driven supply chain innovation. The comprehensive testing program confirmed production-ready performance, reliable event exchange, accurate milestone tracking and robust support for complex shipment scenarios across the full shipment lifecycle.

The new end-to-end connection builds on the existing Descartes GLN integration with SAP Business Network Freight Collaboration, which supports processes such as carrier booking. Descartes MacroPoint Advanced Ocean Visibility is available on the SAP^® Store.

SAP Store, found at store.sap.com, delivers a simplified and connected digital customer experience for finding, trying, buying and renewing more than 2,300 solutions from SAP and its partners. There, customers can find the SAP solutions and SAP-validated solutions they need to grow their business. And for each purchase made through SAP Store, SAP will plant a tree.

Descartes is a partner in the SAP PartnerEdge^® program. The SAP PartnerEdge program provides the enablement tools, benefits and support to facilitate building high-quality, disruptive applications focused on specific business needs – quickly and cost-effectively.

About Descartes

Descartes powers more responsive, efficient, secure and sustainable international and domestic supply chains by uniting logistics-intensive businesses on its Global Logistics Network (GLN). Shippers, carriers, and logistics service providers connect and collaborate on the GLN leveraging technology, data and AI to manage last mile deliveries, domestic and international shipments, transportation rating and payment, global trade research, customs compliance and a variety of regulatory processes. Learn more about Descartes at www.descartes.com and connect with us on LinkedIn and X.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

Descartes Media Contact
Andra Schaz
aschaz@descartes.com

Cautionary Statement Regarding Forward-Looking Statements

This release contains forward-looking information within the meaning of applicable securities laws (“forward-looking statements”) that relate to Descartes’ solution offerings and potential benefits derived therefrom; and other matters. Such forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements to differ materially from the anticipated results, performance or achievements or developments expressed or implied by such forward-looking statements. Such factors include, but are not limited to, the factors and assumptions discussed in the section entitled, “Certain Factors That May Affect Future Results” in documents filed with the Securities and Exchange Commission, the Ontario Securities Commission and other securities regulatory authorities across Canada including Descartes’ most recently filed annual and interim management’s discussion and analysis which are available under Descartes’ profile through the EDGAR website at http://www.sec.gov or through the SEDAR+ website at http://www.sedarplus.com/. If any such risks actually occur, they could, among other consequences, materially adversely affect our business, financial condition or results of operations. In that case, the trading price of our common shares could decline, perhaps materially. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Forward-looking statements are provided for the purposes of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. Except as required by applicable law, we do not undertake or accept any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/00be1da3-ba1f-428c-8337-5d505ebf4709

SASKATOON, Saskatchewan, Nov. 02, 2026 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG | OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to outline Barrick Gold Inc.’s (“Barrick”) planned 2026–2027 exploration activities at the Pen Gold Project (“Pen” or the “Project”) located southwest of Timmins, Ontario. Following an initial US$500,000 exploration program in 2026, Barrick is planning an expanded exploration program in 2027, combining property-wide geophysics, systematic till sampling and geological mapping to prioritize targets for initial diamond drilling, currently anticipated for the fourth quarter of 2027.

Under the earn-in agreement announced on August 25, 2026, with GFG, Barrick is funding and operating the exploration programs at Pen. Within the first three years, Barrick has a firm commitment to spend at least C$4.0 million, including a minimum of 5,000 metres of diamond drilling before the third anniversary (see news release “GFG and Barrick Sign Strategic Earn-In to Accelerate Exploration at the Pen Gold Project”).

Program Highlights:

• Expanded exploration program planned for 2027, building on the initial US$500,000 investment in 2026 and focused on systematic target generation and advancement toward initial diamond drilling.
• Property-wide airborne gravity survey planned for Q4 2026 to support geological and structural interpretation.
• An aggressive base-of-till (“BOT”) drill program of approximately 240 drill holes is proposed for Q1 2027 to define and refine anomalies and vector to their bedrock sources.
• Geological mapping and rock sampling planned for Q2/Q3 2027, supported by on-going data integration and target evaluation.
• Diamond drilling is tentatively planned for Q4 2027, with potential to continue into the first half of 2028. The start date remains tentative.

“Barrick’s proposed program brings significant funding and technical expertise to the next phase of exploration at Pen,” stated Brian Skanderbeg, President and CEO of GFG. “The scale of the planned BOT till program, combined with property-wide geophysics and detailed mapping, will help refine and vector to the source of existing anomalies as well as generate new target areas; with the priority targets advancing toward diamond drilling. This provides our shareholders a compelling opportunity to participate in discovery at Pen, while GFG focuses our own capital on growing Aljo and driving for discovery on a spectrum of targets across the Goldarm property.”

Building the Geological Framework in 2026

Barrick’s initial work program includes reviewing and validating existing data, reinterpreting geology and undertaking field mapping and rock sampling. Initial mapping and rock sampling programs were completed in September and October. A total of approximately 130 rock samples were collected and will be analyzed and incorporated into Barrick’s reinterpreted geological model. Community introductions and permitting activities are also part of the initial work programs.

During the fourth quarter of 2026, Barrick has proposed to complete a fixed-wing airborne gravity survey over the full property, using north–south flight lines spaced approximately 200 metres apart. The results will support interpretation of the underlying geological architecture and structures and guide target generation beneath cover.

Systematic Till Sampling and Target Development in 2027

The proposed 2027 program includes approximately 190 BOT holes in priority areas along with approximately 50 BOT infill holes to follow up on historical results. This work is intended to refine the distribution of gold anomalies and vector toward potential bedrock sources.

Further mapping and rock sampling are planned for the second and third quarters of 2027. Barrick intends to integrate these observations with geophysical, till geochemistry and existing drilling results to produce updated geological and structural interpretations. This work will be the basis of prioritizing targets for drilling.

Initial diamond drilling is currently planned for the fourth quarter of 2027. The scope and timing of future exploration activities remain subject to confirmation and may be refined as exploration results and target priorities develop.

A Broad Pipeline of Exploration Opportunities

The exploration plan identifies a range of targets across Pen, including Muskego, Chabot, Slate Rock, Crawford, Deerfoot and Reeves, alongside earlier-stage opportunities. Barrick’s assessment highlights structurally complex areas with associated gold-in-till anomalies extending over several kilometres and mineralized trends with sparse drilling or limited testing at depth.

The planned program is designed to evaluate these opportunities systematically and identify the strongest targets for drill testing. GFG expects to provide further updates as program details are confirmed and exploration advances.

About GFG Resources Inc.
GFG is a North American precious metals exploration company focused on district-scale gold opportunities in the Timmins Gold District of Ontario, Canada. The Company controls three highly prospective gold projects within one of the world’s most established gold camps.

GFG’s exploration strategy is focused on advancing the Aljo gold system, systematically generating and testing new discovery opportunities across the Goldarm Property and maintaining significant exposure to the advancement of the Pen Gold Project through its strategic earn-in agreement with Barrick.

Qualified Person
All scientific and technical information contained in this news release has been prepared under the supervision of Anders Carlson, P.Geo., Vice President, Exploration of GFG, a qualified person within the meaning of National Instrument 43-101.

For further information, please contact:
Brian Skanderbeg, President & CEO
or
Marc Lepage, Vice President, Business Development
Phone: (306) 931-0930
Email: info@gfgresources.com
Website: www.gfgresources.com 

Stay Connected with Us On: X / LinkedIn / Facebook

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

All statements, other than statements of historical fact, contained in this news release constitute “forward-looking information” within the meaning of applicable Canadian securities laws and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (referred to herein as “forward-looking statements”). Forward-looking statements include, but are not limited to, the Company’s future exploration plans with respect to its property interests and the timing thereof, the prospective nature of the projects, future price of gold, success of exploration activities and metallurgical test work, permitting time lines, currency exchange rate fluctuations, requirements for additional capital, government regulation of exploration work, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate” or “believes”, or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results, “may”, “could”, “would”, “will”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.

All forward-looking statements are based on various assumptions, including, without limitation, the expectations and beliefs of management, the assumed long-term price of gold, that the Company will receive required permits and access to surface rights, that the Company can access financing, appropriate equipment and sufficient labour, and that the political environment within Canada will continue to support the development of mining projects. In addition, the similarity or proximity of other gold deposits to the Company’s projects is not necessarily indicative of the geological setting, alteration and mineralization of the Goldarm Property, the Pen Gold Project and the Dore Gold Project.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of GFG to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: actual results of current exploration activities; environmental risks; future prices of gold; operating risks; accidents, labour issues and other risks of the mining industry; availability of capital, delays in obtaining government approvals or financing; and other risks and uncertainties. These risks and uncertainties and the additional risks described in the Company’s most recently filed annual MD&A are not and should not be construed as being exhaustive.

Although GFG has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. In addition, forward-looking statements are provided solely for the purpose of providing information about management’s current expectations and plans and allowing investors and others to get a better understanding of our operating environment. Accordingly, readers should not place undue reliance on forward-looking statements.

Forward-looking statements in this news release are made as of the date hereof and GFG assumes no obligation to update any forward-looking statements, except as required by applicable laws.

SASKATOON, Saskatchewan, Nov. 02, 2026 (GLOBE NEWSWIRE) — GFG Resources Inc. (TSXV: GFG | OTCQB: GFGSF) (“GFG” or the “Company”) is pleased to outline Barrick Gold Inc.’s (“Barrick”) planned 2026–2027 exploration activities at the Pen Gold Project (“Pen” or the “Project”) located southwest of Timmins, Ontario. Following an initial US$500,000 exploration program in 2026, Barrick is planning an expanded exploration program in 2027, combining property-wide geophysics, systematic till sampling and geological mapping to prioritize targets for initial diamond drilling, currently anticipated for the fourth quarter of 2027.

Under the earn-in agreement announced on August 25, 2026, with GFG, Barrick is funding and operating the exploration programs at Pen. Within the first three years, Barrick has a firm commitment to spend at least C$4.0 million, including a minimum of 5,000 metres of diamond drilling before the third anniversary (see news release “GFG and Barrick Sign Strategic Earn-In to Accelerate Exploration at the Pen Gold Project”).

Program Highlights:

• Expanded exploration program planned for 2027, building on the initial US$500,000 investment in 2026 and focused on systematic target generation and advancement toward initial diamond drilling.
• Property-wide airborne gravity survey planned for Q4 2026 to support geological and structural interpretation.
• An aggressive base-of-till (“BOT”) drill program of approximately 240 drill holes is proposed for Q1 2027 to define and refine anomalies and vector to their bedrock sources.
• Geological mapping and rock sampling planned for Q2/Q3 2027, supported by on-going data integration and target evaluation.
• Diamond drilling is tentatively planned for Q4 2027, with potential to continue into the first half of 2028. The start date remains tentative.

“Barrick’s proposed program brings significant funding and technical expertise to the next phase of exploration at Pen,” stated Brian Skanderbeg, President and CEO of GFG. “The scale of the planned BOT till program, combined with property-wide geophysics and detailed mapping, will help refine and vector to the source of existing anomalies as well as generate new target areas; with the priority targets advancing toward diamond drilling. This provides our shareholders a compelling opportunity to participate in discovery at Pen, while GFG focuses our own capital on growing Aljo and driving for discovery on a spectrum of targets across the Goldarm property.”

Building the Geological Framework in 2026

Barrick’s initial work program includes reviewing and validating existing data, reinterpreting geology and undertaking field mapping and rock sampling. Initial mapping and rock sampling programs were completed in September and October. A total of approximately 130 rock samples were collected and will be analyzed and incorporated into Barrick’s reinterpreted geological model. Community introductions and permitting activities are also part of the initial work programs.

During the fourth quarter of 2026, Barrick has proposed to complete a fixed-wing airborne gravity survey over the full property, using north–south flight lines spaced approximately 200 metres apart. The results will support interpretation of the underlying geological architecture and structures and guide target generation beneath cover.

Systematic Till Sampling and Target Development in 2027

The proposed 2027 program includes approximately 190 BOT holes in priority areas along with approximately 50 BOT infill holes to follow up on historical results. This work is intended to refine the distribution of gold anomalies and vector toward potential bedrock sources.

Further mapping and rock sampling are planned for the second and third quarters of 2027. Barrick intends to integrate these observations with geophysical, till geochemistry and existing drilling results to produce updated geological and structural interpretations. This work will be the basis of prioritizing targets for drilling.

Initial diamond drilling is currently planned for the fourth quarter of 2027. The scope and timing of future exploration activities remain subject to confirmation and may be refined as exploration results and target priorities develop.

A Broad Pipeline of Exploration Opportunities

The exploration plan identifies a range of targets across Pen, including Muskego, Chabot, Slate Rock, Crawford, Deerfoot and Reeves, alongside earlier-stage opportunities. Barrick’s assessment highlights structurally complex areas with associated gold-in-till anomalies extending over several kilometres and mineralized trends with sparse drilling or limited testing at depth.

The planned program is designed to evaluate these opportunities systematically and identify the strongest targets for drill testing. GFG expects to provide further updates as program details are confirmed and exploration advances.

About GFG Resources Inc.
GFG is a North American precious metals exploration company focused on district-scale gold opportunities in the Timmins Gold District of Ontario, Canada. The Company controls three highly prospective gold projects within one of the world’s most established gold camps.

GFG’s exploration strategy is focused on advancing the Aljo gold system, systematically generating and testing new discovery opportunities across the Goldarm Property and maintaining significant exposure to the advancement of the Pen Gold Project through its strategic earn-in agreement with Barrick.

Qualified Person
All scientific and technical information contained in this news release has been prepared under the supervision of Anders Carlson, P.Geo., Vice President, Exploration of GFG, a qualified person within the meaning of National Instrument 43-101.

For further information, please contact:
Brian Skanderbeg, President & CEO
or
Marc Lepage, Vice President, Business Development
Phone: (306) 931-0930
Email: info@gfgresources.com
Website: www.gfgresources.com 

Stay Connected with Us On: X / LinkedIn / Facebook

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

All statements, other than statements of historical fact, contained in this news release constitute “forward-looking information” within the meaning of applicable Canadian securities laws and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 (referred to herein as “forward-looking statements”). Forward-looking statements include, but are not limited to, the Company’s future exploration plans with respect to its property interests and the timing thereof, the prospective nature of the projects, future price of gold, success of exploration activities and metallurgical test work, permitting time lines, currency exchange rate fluctuations, requirements for additional capital, government regulation of exploration work, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate” or “believes”, or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results, “may”, “could”, “would”, “will”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.

All forward-looking statements are based on various assumptions, including, without limitation, the expectations and beliefs of management, the assumed long-term price of gold, that the Company will receive required permits and access to surface rights, that the Company can access financing, appropriate equipment and sufficient labour, and that the political environment within Canada will continue to support the development of mining projects. In addition, the similarity or proximity of other gold deposits to the Company’s projects is not necessarily indicative of the geological setting, alteration and mineralization of the Goldarm Property, the Pen Gold Project and the Dore Gold Project.

Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of GFG to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: actual results of current exploration activities; environmental risks; future prices of gold; operating risks; accidents, labour issues and other risks of the mining industry; availability of capital, delays in obtaining government approvals or financing; and other risks and uncertainties. These risks and uncertainties and the additional risks described in the Company’s most recently filed annual MD&A are not and should not be construed as being exhaustive.

Although GFG has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. In addition, forward-looking statements are provided solely for the purpose of providing information about management’s current expectations and plans and allowing investors and others to get a better understanding of our operating environment. Accordingly, readers should not place undue reliance on forward-looking statements.

Forward-looking statements in this news release are made as of the date hereof and GFG assumes no obligation to update any forward-looking statements, except as required by applicable laws.

Attached is a form of notification of transaction by a primary insider under the DNO ASA Employee Synthetic Share Program.

This notification has been submitted pursuant to the Norwegian Securities Trading Act § 5-12 and MAR Article 19 no. 3.

Attachment

• Form of Notification Cash Settlement Chris Spencer October 2026

Attached is a form of notification of transaction by a primary insider under the DNO ASA Employee Synthetic Share Program.

This notification has been submitted pursuant to the Norwegian Securities Trading Act § 5-12 and MAR Article 19 no. 3.

Attachment

• Form of Notification Cash Settlement Chris Spencer October 2026

Specialty insurance builder to lead GBLI, Katalyx and Belmont and put the Company’s proprietary technology and national distribution to work

WILMINGTON, Del., Nov. 02, 2026 (GLOBE NEWSWIRE) — The Board of Directors of Global Indemnity Group, LLC (NASDAQ: GBLI) (“GBLI” or the “Company”) today appointed Jessica E. Buss Chief Executive Officer of GBLI and of its two operating platforms, Katalyx Holdings LLC and Belmont Holdings GX, Inc., effective immediately. Ms. Buss joined GBLI’s Board on October 26, 2026, and remains a director. She succeeds Joseph W. “Jay” Brown, GBLI’s chief executive officer since 2022.

Ms. Buss spent most of her career building specialty insurance businesses. As CEO of GuideOne Insurance, she doubled premiums. She also led Argo Group and Open Lending as CEO. At Open Lending, she also served as Chairman of the Board and chaired its Audit Committee prior to becoming CEO. Earlier, as COO and CFO of Rockhill Insurance, she led its sale to State Auto Mutual for 1.6x book value, then ran State Auto Mutual’s $1.5 billion commercial and specialty division. She is a Certified Public Accountant and holds the NACD Directorship Certification.

Ms. Buss’s mission is to scale a platform Fox Paine spent 23 years assembling and put GBLI’s A-rated paper to work for agents, wholesale partners and new specialty underwriting teams. GBLI’s five insurance carriers carry an “A” (Excellent) rating from AM Best, unbroken for more than 23 years, and its underwriters own a 23-year record of top-quartile loss ratios. GBLI reaches the market through more than 350 wholesale agency offices, 12,000 retail agents and its direct-to-consumer platform. Over the last four years, GBLI developed Kaleidoscope, its proprietary underwriting, policy and data platform, now rolling out to its agency partners. GBLI also equips Kaleidoscope with AI-enabled underwriting that evaluates and prices risks outside traditional binding authority. Ms. Buss leads Katalyx’s expansion into excess and surplus lines managing general agencies across wholesale, retail and direct-to-consumer channels.

“GBLI built what most specialty insurers can only buy or borrow: proprietary underwriting technology, a national agency network and five A-rated carriers behind every policy we write. A platform like that demands a builder, and Jessica builds. She took GuideOne past $1 billion in premium and created a $400 million E&S business along the way. She knows how to make money in specialty casualty, how to attract first-rate talent and how to use technology to grow faster and run leaner than the competition. That is the leader GBLI needs to turn its platform into a far larger franchise. I thank Jay Brown for his vision, his service and his support of this transition,” said Saul Fox, founder and Chairman of GBLI and founder and CEO of Fox Paine & Company, whose affiliate is GBLI’s largest shareholder.

“Four years ago, Saul Fox asked me to move from GBLI’s Board to the CEO’s office and prepare GBLI for a market that rewards disciplined underwriting backed by competitive technology as AI tools mature,” said Mr. Brown. “With Kaleidoscope now rolling out to our agency partners, Jessica takes over at the right time. As a shareholder, I am confident GBLI has a strong, profitable growth path ahead.”

Ms. Buss said, “GBLI has what matters most in specialty insurance: disciplined underwriting, strong carriers, deep agency relationships and technology built for this market’s future. My job is to build on it. I look forward to working with our team, our agents and our partners to make GBLI one of the leading specialty franchises in the country. I also thank Jay for his leadership and for his help with this transition.”

About GBLI and its subsidiaries

GBLI is a publicly traded holding company with a diversified portfolio of property and casualty insurance-related operating companies.

Katalyx Holdings LLC includes:

• Four agencies focused on sourcing, underwriting and servicing primary and assumed reinsurance business: Penn-America Insurance Services, LLC; Valyn Re LLC; J.H. Ferguson & Associates, LLC (including Vacant Express); and Collectibles Insurance Services, LLC.
• Two specialized insurance service businesses: Sayata, an AI-enabled digital marketplace and agency for small commercial insurance; and Liberty Insurance Adjustment Agency, Inc., a provider of claims evaluation, adjustment and related services.

Belmont Holdings GX, Inc. consists of five statutory insurance carriers, each rated “A” (Excellent) by AM Best: Penn-America Insurance Company, United National Insurance Company, Penn-Patriot Insurance Company, Diamond State Insurance Company and Penn-Star Insurance Company.

Kaleidoscope Insurance Technologies, Inc. develops GBLI’s proprietary underwriting, policy and data platform, including its AI-enabled underwriting, for Katalyx’s agencies, GBLI’s agency partners, the Belmont insurance carriers, and the Company’s broader digital initiatives.

For more information, visit GBLI’s website at www.gbli.com.

Forward-Looking Information

The forward-looking statements in this press release are made pursuant to the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934 and involve a number of risks and uncertainties. All statements, other than statements of historical fact, are forward-looking statements, including  statements regarding GBLI’s plans and strategies and including statements regarding: the expectation for the Company’s new CEO to scale the platform and lead Katalyx’s expansion; GLBI’s strategy to grow its platform, expand Katalyx, integrate AI-enabled underwriting into Kaleidoscope and roll-out Kaleidoscope to GBLI’s agency partners; and expectations of future results of operations and financial condition. Actual results may differ materially from those expressed or implied in such statements. These statements are based on management’s current expectations and information available as of the date of this release.

Factors that could cause actual results to differ include, among others, risks related to the timing and execution of GBLI’s strategy, including its growth, technology and distribution initiatives, and other operational or strategic risks. Additional details regarding these and other risks and uncertainties can be found in GBLI’s filings with the Securities and Exchange Commission. GBLI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances.

Investor / Media Contact:

Scott Eckstein KCSA Strategic Communications (212) 896-1210 GBLI@kcsa.com

Specialty insurance builder to lead GBLI, Katalyx and Belmont and put the Company’s proprietary technology and national distribution to work

WILMINGTON, Del., Nov. 02, 2026 (GLOBE NEWSWIRE) — The Board of Directors of Global Indemnity Group, LLC (NASDAQ: GBLI) (“GBLI” or the “Company”) today appointed Jessica E. Buss Chief Executive Officer of GBLI and of its two operating platforms, Katalyx Holdings LLC and Belmont Holdings GX, Inc., effective immediately. Ms. Buss joined GBLI’s Board on October 26, 2026, and remains a director. She succeeds Joseph W. “Jay” Brown, GBLI’s chief executive officer since 2022.

Ms. Buss spent most of her career building specialty insurance businesses. As CEO of GuideOne Insurance, she doubled premiums. She also led Argo Group and Open Lending as CEO. At Open Lending, she also served as Chairman of the Board and chaired its Audit Committee prior to becoming CEO. Earlier, as COO and CFO of Rockhill Insurance, she led its sale to State Auto Mutual for 1.6x book value, then ran State Auto Mutual’s $1.5 billion commercial and specialty division. She is a Certified Public Accountant and holds the NACD Directorship Certification.

Ms. Buss’s mission is to scale a platform Fox Paine spent 23 years assembling and put GBLI’s A-rated paper to work for agents, wholesale partners and new specialty underwriting teams. GBLI’s five insurance carriers carry an “A” (Excellent) rating from AM Best, unbroken for more than 23 years, and its underwriters own a 23-year record of top-quartile loss ratios. GBLI reaches the market through more than 350 wholesale agency offices, 12,000 retail agents and its direct-to-consumer platform. Over the last four years, GBLI developed Kaleidoscope, its proprietary underwriting, policy and data platform, now rolling out to its agency partners. GBLI also equips Kaleidoscope with AI-enabled underwriting that evaluates and prices risks outside traditional binding authority. Ms. Buss leads Katalyx’s expansion into excess and surplus lines managing general agencies across wholesale, retail and direct-to-consumer channels.

“GBLI built what most specialty insurers can only buy or borrow: proprietary underwriting technology, a national agency network and five A-rated carriers behind every policy we write. A platform like that demands a builder, and Jessica builds. She took GuideOne past $1 billion in premium and created a $400 million E&S business along the way. She knows how to make money in specialty casualty, how to attract first-rate talent and how to use technology to grow faster and run leaner than the competition. That is the leader GBLI needs to turn its platform into a far larger franchise. I thank Jay Brown for his vision, his service and his support of this transition,” said Saul Fox, founder and Chairman of GBLI and founder and CEO of Fox Paine & Company, whose affiliate is GBLI’s largest shareholder.

“Four years ago, Saul Fox asked me to move from GBLI’s Board to the CEO’s office and prepare GBLI for a market that rewards disciplined underwriting backed by competitive technology as AI tools mature,” said Mr. Brown. “With Kaleidoscope now rolling out to our agency partners, Jessica takes over at the right time. As a shareholder, I am confident GBLI has a strong, profitable growth path ahead.”

Ms. Buss said, “GBLI has what matters most in specialty insurance: disciplined underwriting, strong carriers, deep agency relationships and technology built for this market’s future. My job is to build on it. I look forward to working with our team, our agents and our partners to make GBLI one of the leading specialty franchises in the country. I also thank Jay for his leadership and for his help with this transition.”

About GBLI and its subsidiaries

GBLI is a publicly traded holding company with a diversified portfolio of property and casualty insurance-related operating companies.

Katalyx Holdings LLC includes:

• Four agencies focused on sourcing, underwriting and servicing primary and assumed reinsurance business: Penn-America Insurance Services, LLC; Valyn Re LLC; J.H. Ferguson & Associates, LLC (including Vacant Express); and Collectibles Insurance Services, LLC.
• Two specialized insurance service businesses: Sayata, an AI-enabled digital marketplace and agency for small commercial insurance; and Liberty Insurance Adjustment Agency, Inc., a provider of claims evaluation, adjustment and related services.

Belmont Holdings GX, Inc. consists of five statutory insurance carriers, each rated “A” (Excellent) by AM Best: Penn-America Insurance Company, United National Insurance Company, Penn-Patriot Insurance Company, Diamond State Insurance Company and Penn-Star Insurance Company.

Kaleidoscope Insurance Technologies, Inc. develops GBLI’s proprietary underwriting, policy and data platform, including its AI-enabled underwriting, for Katalyx’s agencies, GBLI’s agency partners, the Belmont insurance carriers, and the Company’s broader digital initiatives.

For more information, visit GBLI’s website at www.gbli.com.

Forward-Looking Information

The forward-looking statements in this press release are made pursuant to the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934 and involve a number of risks and uncertainties. All statements, other than statements of historical fact, are forward-looking statements, including  statements regarding GBLI’s plans and strategies and including statements regarding: the expectation for the Company’s new CEO to scale the platform and lead Katalyx’s expansion; GLBI’s strategy to grow its platform, expand Katalyx, integrate AI-enabled underwriting into Kaleidoscope and roll-out Kaleidoscope to GBLI’s agency partners; and expectations of future results of operations and financial condition. Actual results may differ materially from those expressed or implied in such statements. These statements are based on management’s current expectations and information available as of the date of this release.

Factors that could cause actual results to differ include, among others, risks related to the timing and execution of GBLI’s strategy, including its growth, technology and distribution initiatives, and other operational or strategic risks. Additional details regarding these and other risks and uncertainties can be found in GBLI’s filings with the Securities and Exchange Commission. GBLI undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances.

Investor / Media Contact:

Scott Eckstein KCSA Strategic Communications (212) 896-1210 GBLI@kcsa.com

NEW YORK and TORONTO, Nov. 02, 2026 (GLOBE NEWSWIRE) — Brookfield Asset Management (NYSE: BAM, TSX: BAM) (“Brookfield”) and Canada Pension Plan Investment Board (“CPP Investments”), today announced the completion of their acquisition of LXP Industrial Trust (“LXP”) in an all-cash transaction.

The transaction values LXP at approximately $5.2 billion, including net debt and preferred equity. Under the terms of the agreement, LXP shareholders will receive $61.20 per share in cash. As the transaction has now been completed, LXP’s shares no longer trade on the New York Stock Exchange and LXP is a privately held company.

LXP’s portfolio comprises 107 industrial properties spanning approximately 52 million square feet in attractive markets in the Sunbelt and Midwest. The properties benefit from strong occupancy and long-duration leases that generate durable cash flows and are well positioned to benefit from demand for modern, high-quality logistics properties. These assets will be integrated into Brookfield’s global logistics platform, which spans more than 255 million square feet across over 850 properties in 20 countries.

“This acquisition reflects our conviction in the long-term fundamentals of the U.S. industrial sector,” said Lowell Baron, Chief Executive Officer of Brookfield Real Estate. “We are acquiring a portfolio of modern logistics assets at an attractive basis in markets benefiting from strong demand for large-scale distribution facilities with limited supply. Combined with durable in-place cash flows, embedded rental growth and our operating expertise, these dynamics create a compelling opportunity to drive value for our investors.”

“The acquisition of LXP adds a high-quality, scaled portfolio of modern logistics properties to our diversified portfolio of U.S. real estate investments,” said Sophie van Oosterom, Managing Director, Head of Real Estate at CPP Investments. “With strong occupancy and exposure to key distribution markets, we believe LXP is well positioned to capture further value as logistics markets evolve, supporting attractive long-term returns for the CPP Fund.”

Advisors

BofA Securities, Inc. served as lead financial advisor, J.P. Morgan Securities LLC served as co-financial advisor and Hogan Lovells Cadwalader US LLP served as legal advisor to LXP.

Citigroup Global Markets Inc and Morgan Stanley & Co. LLC served as lead financial advisors, Goldman Sachs & Co. LLC, Santander, and Scotiabank served as financial advisors, Sumitomo Mitsui Banking Corporation served as a structuring advisor, and Gibson, Dunn & Crutcher LLP and Thompson Hine LLP served as legal advisors to Brookfield and CPP Investments, with DLA Piper LLP serving as legal advisor to CPP Investments in connection with certain aspects of the transaction. Dechert LLP served as legal advisor to Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC in connection with certain aspects of the transaction.

About Brookfield Asset Management
Brookfield Asset Management Ltd. (NYSE, TSX: BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles.

For more information, please visit our website at www.bam.brookfield.com.

About CPP Investments
Canada Pension Plan Investment Board (CPP Investments™) is a professional investment management organization that manages the Canada Pension Plan Fund in the best interests of the more than 22 million contributors and beneficiaries. In order to build diversified portfolios of assets, we make investments around the world in public equities, private equities, real estate, infrastructure and fixed income. Headquartered in Toronto, with offices in Hong Kong, London, Mumbai, New York City, São Paulo and Sydney, CPP Investments is governed and managed independently of the Canada Pension Plan at arm’s length from governments. At June 30, 2026, the Fund totaled CDN$863.6 billion. For more information, please visit www.cppinvestments.com or follow us on LinkedIn, Instagram or on X @CPPInvestments. 

Brookfield Contacts

Media:
Laura Montross
Email: laura.montross@brookfield.com
Tel: (508) 769 5942

Investor Relations:
Jason Fooks
Email: Jason.fooks@brookfield.com
Tel: (212) 417 2442

CPP Investments Contact

Media:
Frank Switzer
Email: fswitzer@cppib.com
Tel: (416) 523 8039