Year: 2019

Mowi has today announced changes to its organisational structure and its Group Management Team in order to increase its focus on the farming entities going forward. The changes will be effective from 1 January 2020. “Over the past few years, we have seen increasing biological issues and costs in our farming division. It is undoubtedly more challenging to be a farmer today than just a few years back. In order to meet these challenges, we have decided to strengthen the leadership resources in our Group Management Team,” says Ivan Vindheim, CEO of Mowi.Further to this, Mowi is dividing its current global farming division into three:Farming NorwayFarming Scotland and IrelandFarming Americas and the Faroes (Chile, Canada and the Faroes)Per-Roar Gjerde will be the COO of Farming Americas and the Faroes. He will also lead Farming...

Geneva, Switzerland, December 20, 2019 – Addex Therapeutics (SIX: ADXN), a leading allosteric modulation-based drug discovery and development company, today announced that Indivior PLC (LON: INDV) will provide Addex with a second additional $800,000 in 2019 to accelerate research progess in their collaboration to develop further oral gamma-aminobutyric acid subtype B (GABAB) positive allosteric modulator (PAM) compounds for the treatment of addiction. Under the terms of the original agreement signed with Indivior in January 2018, Addex received a $5 million upfront and a minimum of $2 million per year of research funding for 2 years. Activation of the GABAB pathway is clinically and commercially validated but to date treatment is limited due to side effects. Targeting GABAB with PAMs could produce less adverse effects and lead to...

Company announcement 24/2019 (20 December 2019)The Board of Directors of European Energy has decided to adjust its financial outlook for 2019. The decision is partly based on the closing of the divestment of the Swedish wind farm Zinkgruvan.European Energy has completed the sale of the Zinkgruvan Wind Farm to a German-based asset management company. One of the major components of the sale was the fact that Zinkgruvan Wind Farm has entered a 10-year offtake agreement with a large international utility.The wind farm is located 70 km north of Linköping, near the northern end of the Vättern Lake. The wind farm has a capacity of 53.2 MW and supplies approximately 40.000 Swedish households with fossil-free energy. The wind farm consists of 14 GE Renewables turbines with a capacity of 3.8 MW, a rotor size of 137 meters and a hub height...

NEW YORK, Dec. 19, 2019 (GLOBE NEWSWIRE) — Twelve Seas Investment Company (“Twelve Seas”) (NASDAQ: BROG), a company formed for the purpose of entering into a business combination, and Brooge Holdings Limited, a Cayman Islands exempted company (“Brooge Holdings”), announced today that Twelve Seas held an extraordinary meeting of its shareholders today and the shareholders of Twelve Seas approved and adopted the business combination agreement, dated April 15, 2019 (as amended, the “Business Combination Agreement”) among Twelve Seas, Brooge Holdings and Brooge Petroleum and Gas Investment Company FZE (“BPGIC”), a United Arab Emirates (“UAE”) company in the oil storage and services business, and the other parties thereto, and the transactions contemplated thereby (the “Business...

VANCOUVER, British Columbia, Dec. 19, 2019 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) reports the appointment of Mr. Yoshikazu Ishikawa as a director of the Company, replacing Mr. Greg Gibson who has resigned.Mr. Ishikawa is currently the General Manger of the Non-Ferrous Metals Business Department in Sumitomo Corporation (“Sumitomo”) of Tokyo, Japan, and joined Sumitomo in 1992. Mr. Ishikawa has been involved with numerous large-scale global mining projects including the Batu Hijau copper and gold project in Indonesia, the San Cristobal zinc and silver project in Bolivia, the Yanacocha gold and copper project in Peru, and the Quebrada Blanca #2 copper and the Sierra Gorda copper and molybdenum projects in Chile. Mr. Ishikawa has managed Sumitomo...

中国上海, Dec. 20, 2019 (GLOBE NEWSWIRE) — 全球领先的自动化测试解决方案供应商泰瑞达 (NASDAQ:TER)与燧原科技今日联合宣布，泰瑞达UltraFLEX测试系统助力燧原科技设计针对云端人工智能训练场景的高性能通用可编程芯片邃思（DTU）的问世。邃思支持CNN、RNN、LSTM、BERT等网络模型和丰富的数据类型，并提供高性能互联，针对数据中心的大规模集群训练进行优化，提供优异的能效比。为了测试这种新架构，燧原科技所采用的测试系统，须在保证电源高质量的同时，提供大电流(在低核心电压下大于300A)。泰瑞达UltraFLEX满足大电流下保持高精度和稳定性的要求，内置Current...

MADISON, Wis., Dec. 19, 2019 (GLOBE NEWSWIRE) — Sonic Foundry, Inc. (OTC Pink Sheets: SOFO), the trusted leader for video creation and management solutions, today announced consolidated financial results for its fiscal 2019 fourth quarter and fiscal year ended September 30, 2019.Fiscal 2019 Fourth Quarter HighlightsBillings totaled $9.8 million in the fourth quarter of 2019 consistent with billings of $9.8 million for the same period last yearTotal revenues of $9.2 million compared to $8.5 million in the fourth quarter of 2018, a 9 percent increaseGross margin was $6.5 million, or 70 percent of sales, compared to $6.1 million, or 72 percent of sales, in the fourth quarter of 2018Net loss attributable to common stockholders of $(179,000), or $(0.03) per share, compared to $(10.0) million, or $(2.01) per share, in the fourth...

CALGARY, Alberta, Dec. 19, 2019 (GLOBE NEWSWIRE) — ATCO Ltd. (TSX: ACO.X, ACO.Y)  ATCO Ltd. (“ATCO”) advises today that the percentage of outstanding Class B common shares of Canadian Utilities Limited held by ATCO has increased by 2.05% since September 13, 2013, to 90.15%.  The percentage increase was caused by third parties converting Class B common shares of Canadian Utilities Limited into Class A non-voting shares.  The Class B common shares are convertible into Class A non-voting shares on a one-for-one basis at the option of the holders.  The increase in ATCO’s percentage ownership of the Class B common shares was not the result of any action taken by ATCO or Canadian Utilities Limited.  This report is filed pursuant to technical disclosure requirements under applicable securities...

Adjusting capital allocation strategy to move faster towards world-competitive, “best of both” strategyUpdating stakeholders on accelerating progress towards achieving goal of as much as $1 billion of capital and operational cash improvements by 2022PITTSBURGH, Dec. 19, 2019 (GLOBE NEWSWIRE) — United States Steel Corporation (NYSE: X) today provided fourth quarter and full year 2019 guidance and key financial and operational updates that support successful execution of its world-competitive, “best of both” strategy. Fourth quarter 2019 adjusted EBITDA is expected to be approximately ($25) million, which excludes approximately $225 million of estimated restructuring and other charges.  While steel markets in North America are recovering, the Europe and Tubular segments remain weak.  The Company...

No employees affected before April 2020 as a result of this decisionSignificant employee benefits and support: https://greatlakes.uss.com/Aligns with multi-billion-dollar investments in the United States to create a secure future with sustainable jobsPITTSBURGH, Dec. 19, 2019 (GLOBE NEWSWIRE) — United States Steel Corporation (NYSE: X) today announced additional actions to competitively position the company for the future.  These actions advance the company’s “best of both” strategy and better align the company around three core assets within its North American Flat-Rolled operating segment.U. S. Steel intends to indefinitely idle a significant portion of its Great Lakes Works operation near Detroit, Mich.  The company expects to begin idling the iron and steelmaking facilities on or around April 1, 2020,...