Market Newsdesk

For immediate release

9 March 2021

Serabi Gold plc

(“Serabi” or the “Company”)

Holding(s) in Company

The Board of Serabi announces that the Company has received the following TR-1 notification which is set out below.

Enquiries:

Serabi Gold plc       
Michael Hodgson                   Tel: +44 (0)20 7246 6830
Chief Executive                     Mobile: +44 (0)7799 473621

Clive Line                               Tel: +44 (0)20 7246 6830
Finance Director                    Mobile: +44 (0)7710 151692

Email: [email protected]      
Website:  www.serabigold.com        

Beaumont Cornish Limited

Nominated Adviser and Financial Adviser         

Roland Cornish                      Tel: +44 (0)20 7628 3396
Michael Cornish                     Tel: +44 (0)20 7628 3396

Peel Hunt LLP

UK Broker    
Ross Allister                           Tel: +44 (0)20 7418 8900

Copies of this announcement are available from the Company’s website at www.serabigold.com.
Neither the London Stock Exchange, the Toronto Stock Exchange, nor any other securities regulatory authority, has approved or disapproved of the contents of this announcement.

TR-1: S
tandard form for notification of major holdings

MONTREAL, March 09, 2021 (GLOBE NEWSWIRE) — Devencore, a leader in commercial real estate advisory and brokerage in Canada, is releasing a new Downtown Winter 2021 Office Market Report that delves into the state of the market, the factors behind the leasing trend shift, the office outlook, and the cumulative effort by market stakeholders, including government, landlords, leaseholders, sublet tenants, and users to revitalize the Downtown Montreal economy.

Highlight Statistics and Findings

• Total available office space for lease increased by 1.3 million+ sq.ft. in 2020
• In Q4, the availability rate jumped from 10.7% to 12.1%, with sublease space up 33.2% from Q3
• Increase fueled by a combination of sublease space and non-renewals
• Stable rental rates over 2020, but with increasing incentives
• Economic pressure will push landlords to offer greater concessions
• Find more key data in the
  
  
  report
  
  

“The subleasing trend will likely continue to increase through 2021 before it tapers off around 2022 – the primary reason being that we feel the vaccine will gradually put a lid on COVID and kick-start the economy,” said Jean Laurin, President and CEO of Devencore Montreal.

The Impact of WFH

The pandemic has taken Montreal from unfettered growth to an unprecedented health and economic crisis. The foremost drivers of change are the work from home (WFH) trend and the economic and operation challenges faced in many industries. The reduced demand for CBD office – with some tenants cutting space by 20-30% – is flooding the market with sublease and unrenewed space. Additionally, it is emerging that most employees prefer a hybrid model that splits time between home and office, and tenants are embracing the opportunity to reduce space and move to higher-end locations. Meanwhile, the Réseau express métropolitain (REM), currently under construction, promises to interconnect the urban center with even more suburban areas such as Laval and Longueuil, thus potentially facilitating the long-term adoption of the hybrid office model.

Conditions Favor Occupants

As available space increases, tenants are finding enhanced leverage, prompting landlords to offer expanded incentives in the form of months of free rent and allowances. Though landlords are continuing to collect rents at a rate of nearly 95% due to government relief programs, leasing transactions have slowed as tenants reconsider their office requirements. Wary of the increased economic risk of lease rate declines, some tenants are considering shorter-term leases to keep the options open for relocation, consolidation, or hub and spoke office model adoption to mitigate costs and support staff working under the hybrid model.

Economic Revival of Downtown

To hasten Downtown Montreal’s economic revival, all market stakeholders must focus on corporate and administrative responsibility, accountability, and supporting the relaunch of downtown. We are seeing this happen as citizens, government, and industry work together to create greater opportunity and the infrastructure to support growth in the evolving professional landscape. The rapid distribution of the vaccine and the quick testing initiative by the Quebec government will help people get back to work safely and restore the business activities necessary for a self-sustaining and flourishing economy. The REM will also play an essential role in the long-term restoration of economic prosperity. The Chamber of Commerce of Metropolitan Montreal (CCMM) is taking a proactive position in organizing the ‘Relaunch MTL’ project to equip decision-makers in 14 sectors of the economy to formulate and implement action plans that will facilitate the revitalization.

“The recovery of downtown will require the collaboration of all stakeholders, developers, investors, different levels of government, leaders of our community, as well as citizens who live, work, and play in Montreal and love their city,” noted Richard Breton, VP and General Manager of Devencore Montreal.

Find the full report here:


https://marketreport.devencore.com/office-winter-2021/montreal/

About

Devencore

Founded in 1972, Devencore is among the largest privately-held corporate real estate brokerage and advisory firms in Canada. Devencore offers comprehensive services designed to ensure that all real estate decisions are supported by proven strategies and professional execution. Devencore has offices across Canada and assists clients with their U.S. real estate needs through its strategic alliance with US-based Transwestern.

Media Contacts:

Pascal Easton
(514) 392-9389
[email protected]

COLORADO SPRINGS, March 09, 2021 (GLOBE NEWSWIRE) — The Catalyst Accelerator (Catalyst), powered by the United States Space Force (USSF), announces a new cohort, On-Orbit Servicing, Assembly and Manufacturing (OSAM), commencing April 27, 2021.  The goal of Catalyst, is to increase USSF awareness and rapid acquisition of commercial, dual-use space technology by providing relevant business development training to Accelerator companies and connecting these entrepreneurs with users, decision makers, and potential new customers in the Department of Defense (DoD), government, and commercial realms. Eight companies will be chosen to participate in the virtual program.

“How might we leverage key technologies that enable on-orbit servicing and manufacturing to enhance spacecraft resiliency and shift the way the USSF conducts operations?” This is the current problem that the USSF is trying to solve. Future on-orbit servicing capabilities and in-space manufacturing will extend operational lifetimes of satellites which will reduce lifecycle costs and enable new systems and missions. Applicants for the Accelerator will bring innovative technology and an entrepreneurial spirit to the problem set.

The 12-week Accelerator, sponsored in part by Booz Allen Hamilton with Leidos as the Platform Sponsor, will be held virtually and provide cohort participants with the skills, knowledge, and opportunity to enter the Defense sector with their dual-use technology. At the end of the Accelerator, the cohort will have the opportunity to pitch to government stakeholders, industry leaders and commercial investors during a demonstration day. The Accelerator will enable cohort companies to raise awareness of their capabilities to solicit additional capital or follow-on government funding for further technological development.

KiMar Gartman, the Catalyst Accelerator Program Director, states, “The topic of this Accelerator is a critical one. By servicing space craft while in orbit, we will reduce response times, revolutionize how satellites are designed, and save taxpayer dollars. This is the hot topic in space, and we look forward to finding companies with innovative technologies that want to expand their market footprint into the Department of Defense.”

Applications for the On-Orbit Servicing, Assembly & Manufacturing Accelerator will be closing March 29^th at 8am MST.  The Catalyst Accelerator will be holding an “Ask Me Anything” session on March 17^th at 10am to address inquiries related to the current Catalyst Accelerator Problem Statement along with other general program questions that potential applicants may have.

For updates and other relevant announcements regarding the OSAM Accelerator, follow this cohort on social media with #CASAM. Interested applicants may learn more about the program and apply on the Catalyst Accelerator’s website, https://catalystaccelerator.space/casam-on-orbit-servicing-assembly-and-manufacturing/.

About Catalyst Accelerator

The United States Space Force’s Catalyst Accelerator is a NewSpace-focused defense and national security industry accelerator, headquartered on the Catalyst Campus for Technology and Innovation (CCTI) in Colorado Springs, Colorado. CCTI is a collaborative ecosystem where industry, small business, entrepreneurs, startups, government, academia, and investors intersect with Colorado’s aerospace and defense industry to create community, spark innovation and stimulate business growth. The Catalyst Accelerator is a collaborative program hosted by Catalyst Campus for Technology and Innovation (CCTI, a Colorado 501(c)3) in partnership with the United States Space Force, and the Air Force Research Laboratory to provide a robust, mentor-driven curriculum for accelerator teams. 

Woburn, MA, March 09, 2021 (GLOBE NEWSWIRE) — Tami Bonnell, CEO of EXIT Realty Corp. International, today announced that the subfranchisor rights to the state of Michigan have been awarded to Willard (Bill) Pankonin. 

Bill is the Regional Owner of EXIT Realty Upper Midwest comprising Minnesota, Iowa, Wisconsin, North Dakota, South Dakota, Illinois, and Wisconsin. He is also the Regional Director of Kansas, Nebraska and Missouri.

EXIT Realty Upper Midwest’s rapid expansion is testament to Bill’s skill in identifying and developing strong brokerage leaders.  He joined EXIT Realty as a franchise owner in 2005 and quickly turned his attention to regional development less than a year later.  Since then, the region’s footprint has expanded to include 90 brokerages and EXIT Realty Upper Midwest has twice been named International Region of the Year.

EXIT Realty Upper Midwest is a family operated company.  Bill is a second-generation REALTOR® who works closely with son, Cade, in the region.  “We have been able to double the number of new offices within the first year in all of our history of acquisitions,” says Bill.  “Illinois proved to be the training grounds for large markets. Chicago and Detroit have many similarities, but the biggest draw was the current leadership they have in Michigan.”

“Bill and Cade are outstanding regional leaders,” says Mrs. Bonnell.  “They have been instrumental in building through franchise sales, mergers and acquisitions, as well as sharing best practices with all of their brokers, managers and agents.  We look forward to their extending their skill and expertise into Michigan.”

Michigan is currently home to 19 independently owned and operated EXIT offices and the Pankonin team has aggressive expansion plans throughout the state.  “Cade and I have always been the ‘Lewis and Clark’ of the Upper Midwest,” says Bill.  “We continue to plant the teal flag into communities where EXIT isn’t well-known. Our proven track record and passion to help our brokers and agents always comes first. Our goal to make a positive difference in the lives of our agents and their families continues to be the driving force behind everything we do.”

About EXIT Realty:  EXIT Realty is a company founded and built on human potential.  A full service, forward-thinking, real estate franchisor with offices across North America, EXIT has to-date paid out more than a half a billion dollars in single-level residual income to its associates. The Expert Marketing Suite™ including geolocation Smart Sign™ technology gives sellers an edge in a competitive marketplace. The Focus on Good Health blog promotes wellness at work and home. A portion of every transaction fee received by EXIT Realty Corp. International is applied to its charitable fund.  To-date, more than $6 million has been pledged to charity.  For more information, please visit www.exitrealty.com and www.joinexitrealty.com.

Attachment

• Bill Pankonin

City of Industry, CA, March 09, 2021 (GLOBE NEWSWIRE) — Maxim Group Co has released a series of promotional videos, entitled “The Search,” with creative direction from distinguished Hollywood professionals, Kurt Gefke and Pele Kudren. 

The first in a series of stylistic shorts premiered this January with a complete director’s cut film slated for later this month. With fashion-forward art direction and cinematic dream-like sequences, the premise of the campaign is “The Search” for the perfect light. Through a rollout of multiple short clips, a visionary story transports the audience into a vast world of lighting. 

The storyline shows male and female counterparts as they explore a mysterious hallway with curiously lit rooms. Glimpsing into the light shining through the keyholes, the heroes are transported to fantastic settings featuring stylized vignettes, all remarkably illuminated. The series of shorts showcase the various styles that Maxim Group Co. offers, from Modern to Minimalist to Traditional and more. These include lighting products from the entire Maxim family of brands: Maxim, ET2 Contemporary, and Studio M Lighting. The Search features some of their newest collections like the Wings and award-winning collections such as the Rinkle.

Gefke and Kudren’s wealth of experience as production designers bring an elevated vision to this project and marks a distinct transition in their commercial portfolio, showcasing the lighting as the main character. According to Gefke, “Our main idea was to show our characters looking into different worlds, all informed by the products displayed, and give us a feeling of variety and choice. The thought was, ‘If you choose this fixture, this is the kind of world you can build for yourself.”‘

Maxim Lighting is a proud multi-generational brand built on ingenuity, passion, and dedication. For the last 50 years, Maxim Group Co. has led the lighting industry in value, innovation, and dedication to customer satisfaction. 

View “The Search” on our YouTube channel here and to find out more about the products showcased in the films visit us here.

www.maximlighting.com

Attachment

• The Search

REDWOOD CITY, Calif., March 09, 2021 (GLOBE NEWSWIRE) — PubMatic, Inc. (Nasdaq: PUBM), a sell-side platform that delivers superior outcomes for digital advertising, today announced a global partnership with GroupM, WPP’s media investment group. With a shared vision for transparency and innovation in digital advertising, the alliance brings benefits to both advertisers and publishers. GroupM will gain programmatic advantages, given more efficient access to globally scaled, brand-safe inventory across OTT/CTV, mobile app, mobile web, and desktop environments for video and display advertising. At the same time, PubMatic’s publisher partners will gain access to unique, quality ad spend at scale from GroupM’s broad portfolio of global advertisers.

“GroupM’s partnership with PubMatic brings our clients media transparency and an efficient path to premium inventory,” said Andrew Meaden, Global Head of Investment at GroupM. “As a global preferred partner, PubMatic gives brands access to their strong publisher footprint across the U.S., Europe and Asia, particularly in the growing mobile app market, and provides leadership and innovation around programmatic CTV, identity, and audience addressability.”

Marketers are prioritizing transparency as they build out their omnichannel advertising capabilities with a more streamlined set of strategic supply-side partnerships. PubMatic has long prioritized transparency, helping advertisers maximize their control and understanding of their campaign performance and providing tools to drive increased advertiser ROI.

Advertisers are also enhancing ID-based targeting to ensure addressability across channels without relying on third-party cookies or mobile identifiers like Apple’s IDFA. PubMatic’s suite of addressability solutions, including Identity Hub and Audience Encore, provides innovative approaches that enable advertisers to increase scale across the Open Internet.

“We are thrilled that GroupM has selected PubMatic as a preferred global SSP partner to give their advertisers transparent inventory access and increased ROI through fewer, more strategic supply partnerships. As consolidation continues across the industry, this will also help to ensure that we provide our publisher customers access to unique demand from GroupM’s leading global brands,” said Jeff Hirsch, Chief Commercial Officer at PubMatic.

About PubMatic

PubMatic delivers superior revenue to publishers by being an SSP of choice for agencies and advertisers. PubMatic’s cloud infrastructure platform for digital advertising empowers app developers and publishers to increase monetization while enabling media buyers to drive return on investment by reaching and engaging their target audiences in brand-safe, premium environments across ad formats and devices. Since 2006, PubMatic has been expanding its owned and operated global infrastructure and continues to cultivate programmatic innovation. Headquartered in Redwood City, California, PubMatic operates 14 offices and eight data centers worldwide.

About GroupM

GroupM is the world’s leading media investment company responsible for more than $60B in annual media investment through agencies Mindshare, MediaCom, Wavemaker, Essence and m/SIX, as well as the outcomes-driven programmatic audience company, Xaxis. GroupM’s portfolio includes Data & Technology, Investment and Services, all united in vision to shape the next era of media where advertising works better for people. By leveraging all the benefits of scale, the company innovates, differentiates and generates sustained value for our clients wherever they do business.

Press Contact:
Broadsheet Communications for PubMatic
[email protected]
(917) 826-1103