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Thinkific Announces New Automatic Share Purchase Plan

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VANCOUVER, BC, Aug. 12, 2024 /CNW/ – In connection with the Normal Course Issuer Bid (“NCIB”) previously announced on November 10, 2023, Thinkific Labs Inc. (“Thinkific” or the “Company”) (TSX: THNC), a leading platform for creating, marketing and selling online learning products, announced that it has terminated the automatic share purchase plan (the “Existing ASPP”) previously entered into with Cormark Securities Inc. (the “Broker”) and established a new automatic share purchase plan (the “New ASPP”) with the Broker.

Under the New ASPP, the Company has authorized the Broker to purchase Subordinate Voting Shares of the Company (each, a “SVS”) under the NCIB during blackout periods implemented under the Company’s Insider Trading Policy (“Blackout Periods”) and outside of Blackout Periods only when instructed by the Company from time to time during the term of the New ASPP. The New ASPP will terminate on November 8, 2024, or earlier if the aggregate number of SVSs purchased under the NCIB reaches the Maximum Limit (as defined below) or if the NCIB has been terminated by the Company.

Trading limits and other parameters for purchases during Blackout Periods under the New ASPP have been pre-determined between the Company and the Broker in accordance with the rules and policies of the TSX and applicable securities laws.

Under the NCIB, the Company may purchase for cancellation up to an aggregate of 2,444,358 SVSs (the “Maximum Limit”), representing approximately 10% of the public float (as defined in the rules and policies of the TSX) of the SVSs as of October 30, 2023. Under the NCIB, other than purchases made under a block purchase exception in accordance with the rules and policies of the TSX, the Company may acquire, from time to time, up to 5,296 SVSs per day on the TSX, being 25% of the average daily trading volume of the SVSs for the period from May 1, 2023 to October 31, 2023. Under the NCIB, purchases will be made through the facilities of the TSX, and/or permitted alternative Canadian trading systems, at prevailing market prices or such other prices as permitted under the rules and policies of the TSX and applicable securities laws. All SVSs purchased by the Company under the NCIB will be cancelled.

At the time of terminating the Existing ASPP and establishing the New ASPP, Thinkific was not aware of or in possession of any material undisclosed information about the Company, the SVSs or any other of its securities.

About Thinkific

Thinkific (TSX:THNC) makes it simple for Creator Educators and established businesses of any size to scale and generate revenue by teaching what they know. Our Platform gives businesses everything they need to build, market, and sell digital learning products – from courses to communities – and to run their business seamlessly under their own brand, on their own site. Thinkific’s 50,000+ active creators earn hundreds of millions of dollars in direct course, membership and community sales while teaching tens of millions of students. Thinkific is headquartered in Vancouver, Canada, with a distributed team.

This news release includes forward-looking statements and forward–looking information within the meaning of applicable securities laws (“forward-looking statements'”). Forward-looking statements are based on Thinkific’s current expectations, estimates, projections and assumptions made in light of information available to it at the time such forward-looking statements are made and considers Thinkific’s experience and its perception of trends. Forward-looking statements in this news release include statements regarding its intention to continue the NCIB, the termination of the Existing ASPP and the establishment of the New ASPP, the reasons for the NCIB, the timing and amount of purchases under the NCIB and the New ASPP and the cancellation of the SVSs purchased under the NCIB. Although Thinkific’s management believes that the assumptions underlying these statements and information are reasonable, they may prove to be incorrect. Except as required by applicable securities laws, forward–looking statements and information speak only as of the date on which they are made and Thinkific undertakes no obligation to publicly update or revise any forward–looking statement or information, whether as a result of new information, future events or otherwise.

Forward-looking statements and information are not guarantees of future performance and involve a number of risks and uncertainties, some that are similar to other companies with online learning products and some that are unique to Thinkific. Thinkific’s actual results may differ materially from those expressed or implied by its forward-looking statements, so readers are cautioned not to place undue reliance on them.

The Annual Information Form of the Company dated March 4, 2024 and other documents filed by it from time to time with securities regulatory authorities describe in greater detail the risks, uncertainties, material assumptions and other factors that could influence actual results and such factors are incorporated herein by reference. Copies of these documents are available under our profile on SEDAR+ at www.sedarplus.ca.

SOURCE Thinkific Labs Inc.

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State Grid Changzhou Power Supply Company Commissions the City’s First Whole-Village Photovoltaic Project

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CHANGZHOU, China, Nov. 9, 2026 /PRNewswire/ — On November 5, Changzhou’s first whole-village photovoltaic (PV) project was officially commissioned in Heshu Village, Lijia Town, Wujin District. Rooftops of 40 households and the village’s corridors accommodate a total of 1.08 MW of PV capacity, yet from a distance, almost no trace of the installation can be seen.

This “invisibility” is by design. Heshu Village’s rural houses were delivered under unified planning and construction in November 2022. The village is a pilot for Jiangsu Province’s homestead system reform and a national demonstration village for rural governance. Its neat eaves and ample rooftop area provided favorable conditions for whole-village PV development, while also imposing higher requirements on construction.

For the two housing types of 140 square meters and 90 square meters, the contractor designed customized layouts of 36 and 25 modules respectively, with PV panels laid along the roof slope. In conventional practice, the gap between PV panels and tiles is about 20 centimeters; in Heshu Village, it was reduced to 12 centimeters. Down-conductors are routed neatly along walls, so the rooftops look flat from afar and the layout appears orderly up close, without disrupting the original contours of the houses.

“From a distance, it looks like village scenery; only up close can you tell it is a PV power station,” said Zhang Xiongwei, project contact person at State Grid Changzhou Power Supply Company. He explained that, in line with Heshu Village’s Jiangnan water-town character of white walls and dark tiles, the project follows the original roof contours and uses black, low-reflection PV modules so that the PV equipment blends into the rooftops. Power supporting equipment is painted or decorated with colored drawings to fit the surrounding village landscape and merge into the village’s appearance.

According to estimates, the whole-village PV project generates about 1.18 million kWh of electricity annually, equivalent to the annual electricity consumption of 360 ordinary households, and can reduce carbon dioxide emissions by about 700 tons per year. With green benefits secured, the question is how to divide the economic returns. Heshu Village adopted a model of “government promotion, grid support, state-owned enterprise demonstration, village committee organization, and resident benefits”: the state-owned platform Wujin Digital Energy is responsible for investment, construction, and operation and maintenance, and pays rent to residents and the village committee; the village committee convenes general meetings of property owners to promptly respond to residents’ concerns and organize contract signing; and Changzhou Power Supply Company is responsible for technical guidance and the connection of supporting power facilities.

Residents only need to provide their rooftops and can receive a cumulative rooftop rental income of about 33,000 yuan over 20 years. In addition to a three-year roof waterproofing insurance, State Grid Changzhou Power Supply Company has also introduced Yingda Insurance to provide a seven-year extended warranty service. The village collective receives rent for the PV corridors, as well as incentives that give back to rural development, such as village street lighting, Party-building publicity sites, and convenient service venues. The investor earns returns through power generation, with an investment payback period of about 11 years. The project adopts a connection scheme of “800 V low-voltage collection and 10 kV medium-voltage grid connection,” significantly improving power quality and supply reliability and markedly enhancing the project’s ability to interact with the power grid.

The 2026 No. 1 Central Document proposed “advancing the construction of livable, workable, and beautiful villages in accordance with local conditions,” and the National Energy Administration requires “guiding the scientific layout and orderly development of rural distributed PV according to grid carrying capacity.” Heshu Village’s exploration is precisely the implementation of this guidance at the village level. In the future, Changzhou will also explore promoting the simultaneous design and integrated construction of rural self-renewal housing and PV, so that such village landscapes can take root in more rural areas.

View original content:https://www.prnewswire.com/apac/news-releases/state-grid-changzhou-power-supply-company-commissions-the-citys-first-whole-village-photovoltaic-project-302933146.html

SOURCE State Grid Changzhou Power Supply Company

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UAE becomes first country outside Europe to implement eATA Carnet system

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DUBAI, UAE, Nov. 9, 2026 /PRNewswire/ — The UAE commenced its rollout of the eATA Carnet system on 9 November 2026, becoming the first country outside Europe to adopt the innovative digital solution. The initiative is being implemented through collaboration between Dubai Chambers, the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP), and Dubai Customs.

The system enables ATA Carnets to be issued and processed electronically, replacing paper-based procedures with digital declarations, QR codes, and transaction records. It is designed to accelerate customs clearance, improve transparency, and facilitate international trade and events.

Dubai Chamber of Commerce, one of the three chambers under the umbrella of Dubai Chambers, has served as the UAE’s National Guaranteeing and Issuing Association for ATA Carnets since 2011. The chamber played a key role in preparing for the implementation, working closely with national customs authorities and the International Chamber of Commerce (ICC) on technical consultations, training, and pre-launch testing.

Dubai Chambers is one of only 13 of the ICC’s 1,200 member chambers worldwide to implement the eATA Carnet system.

ATA Carnets allow eligible goods to enter participating countries temporarily without payment of customs duties or taxes, provided they are subsequently re-exported. Valid for up to one year, they simplify customs requirements for exhibitions, commercial samples, and professional equipment, reducing paperwork and the need for separate customs guarantees.

Between the UAE’s adoption of the ATA Carnet system in 2011 and the end of 2025, 63,591 carnets were issued and received, covering goods worth AED 54.4 billion. In 2025 alone, Dubai Chamber of Commerce issued and received 5,960 carnets covering goods valued at AED 5.6 billion, up 11.2% in number and 30% in value year-on-year.

The UAE’s transition follows the June 2026 rollout across 30 European countries. Full global digitalisation of the ATA Carnet system is expected by 1 January 2028.

About Dubai Chambers

Dubai Chambers is a non-profit public entity that supports Dubai’s vision as a global business hub by empowering businesses, providing innovative value-added services, and unlocking access to influential networks.

For more information, please contact:

Mohamad Mouzehem
mohamad.mouzehem@dubaichamber.com

 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/uae-becomes-first-country-outside-europe-to-implement-eata-carnet-system-302933147.html

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Agilix Labs Awarded AWS Education Equity Initiative Grant for Finder Program in Sierra Leone

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FREETOWN, Sierra Leone, Nov. 9, 2026 /PRNewswire/ — Agilix Labs has been awarded a grant to use AI and cloud technology from Amazon Web Services, Inc. (AWS) through the AWS Education Equity Initiative to support the Finder Program in Sierra Leone. The program is run by the Future Learning Institute (FLI), which Agilix Labs established in 2025 under an agreement with the country’s Ministry of Technical and Higher Education. On Nov. 10, FLI formally launches the program and opens its second Community Learning Center at Freetown Polytechnic.

A Finder is a young person the community brings its questions to. The Finder uses AI with local judgment, checks the work and brings back something a trader, a farmer or a teacher can use.

The program is for young Sierra Leoneans who qualified for university but couldn’t get a place, including young women, students with disabilities and young people from rural areas and low-income families.

“Our young people know their communities better than anyone,” said Mustapha Turay, President, FLI Centers in Sierra Leone. “I promised myself that whatever education I got in the United States, I would bring it home. We started in Kono. Now Freetown has a center of its own.”

Over the year-long program, learners take on questions from local businesses and community groups and work with AI to answer them. Lessons run on Agilix Dawn, which keeps working when the signal drops. With the grant, learners’ AI work will run on AWS, through Amazon Bedrock.

“We founded FLI to help young people get jobs, starting with those who were ready to learn and had no place to do it,” said Curt Allen, Co-Founder, Chairman and CEO, Agilix Labs. “At our centers, they use AI to serve their own communities. Finder is the job we’re training them for.”

Schedule, fact sheet and photos: www.agilix.com/fli/press.

About the Future Learning InstituteA
The Future Learning Institute (FLI) trains young Sierra Leoneans to become Finders. Its center at Freetown Polytechnic opens in November 2026. Its Kono District center opened in March 2026.

About Agilix Labs
Agilix Labs is an education technology company based in Lehi, Utah. Its Buzz platform has supported more than 55 million course enrollments, with users in more than 200 countries and territories. www.agilix.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/agilix-labs-awarded-aws-education-equity-initiative-grant-for-finder-program-in-sierra-leone-302933161.html

SOURCE Agilix

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