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Month: March 2020

Ambu A/S: Ambu’s production exempt from Malaysian movement control order

The Malaysian authorities have granted Ambu – as a manufacturer of medical devices – exemption from the two-week movement control order that has been declared with effect from 18 March, 2020. The nationwide movement control order is an initiative to counter the spread of Covid-19 in Malaysia.“Our role is to keep supplying hospitals around the globe with devices that help save lives and improve patient care. With the current pressure on national healthcare systems, we do our utmost to make sure that we can keep producing and delivering supplies to hospitals. Therefore, it is positive that the Malaysian authorities recognize the role we play in supporting healthcare facilities,” says Juan Jose Gonzalez, CEO of Ambu.ContactsInvestorsMichael Højgaard, CFO, tel. +45 4030 4349, email: miho@ambu.comNicolai Thomsen, Investor Relations Manager,...

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Nokia partners with China Mobile to deliver IoT-based highway landslide alert platform

Nokia partners with China Mobile to deliver IoT-based highway landslide alert platformIoT-enabled insights deliver real-time alerts to highway operatorsField-tested solution already proven successful at incident prevention18 March 2020Espoo, Finland – Nokia today announced, in partnership with China Mobile/CMCC Guangxi, that it is delivering a landslide monitoring and early warning system for highways operations management company, BGIGC Group (Guangxi Beibu Gulf Investment Group Co. Ltd).Deployed on the G75 Lanzhou–Haikou Expressway, one of the main highways in Guangxi province, the system has already undergone extensive trials during which it successfully prevented adverse impact to road users following a landslip in March 2019.Mr Yang Jirong, enterprise applications expert at CMCC Guangxi, said: “Immediately upon deployment, the Nokia...

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Fortuna provides an update on the status of its operations in response to the worldwide spread of COVID-19

VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) reports today that it has been closely monitoring the effects of the spread of the coronavirus respiratory disease (COVID-19), particularly in the jurisdictions that host our mining operations. The rapid worldwide spread of COVID-19 is prompting governments to incrementally implement restrictive measures in an attempt to curb the spread of COVID-19.  During this period of uncertainty, our priorities are to safeguard the health and safety of our personnel and our local communities; support and enforce government actions to slow the spread of COVID-19; and to assess and mitigate the risks to our business continuity.The Company has activated its Emergency Response Plan. It has placed its Health Safety Security and Environmental...

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Teck Provides Update on Antamina

VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) announced today that Compania Minera Antamina, in which Teck has a 22.5% interest, continues to operate the Antamina mine under an exemption from recently announced Peruvian Government restrictions imposed in response to the COVID-19 pandemic. Critical operations will be maintained by a reduced workforce throughout the 15-day national emergency quarantine period. Appropriate precautions are being taken by Antamina to protect its workforce during this challenging period. There have been no confirmed cases of COVID-19 at the mine site. Assuming no further adverse developments in connection with COVID-19, any temporary reduction in production is expected to be recovered in line with existing 2020...

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Trevali Issues Statement on Government Declaration of National Emergency in Peru; Santander Mine Continues to Operate

VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) — Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) announced today that the Peruvian Government has issued a Supreme Decree and declaration of a National Emergency in its efforts to contain the outbreak of COVID-19. The declaration restricts travel within the country and requires citizens to remain at home except to travel to grocery stores, banks and medical facilities. The state of emergency took effect today and will last for the next 15 days. Mining projects and operations that have a remote workforce that is housed by a camp are permitted continue to operate as usual during the 15-day period.  The Santander mine is in full compliance with the Government’s requirements and as a remote operation with a workforce...

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FULL HOUSE RESORTS TO TEMPORARILY SUSPEND OPERATIONS IN NEVADA

LAS VEGAS, March 17, 2020 (GLOBE NEWSWIRE) — Full House Resorts, Inc. (NASDAQ: FLL) announced today that, pursuant to state government orders, it is temporarily closing Grand Lodge Casino in Incline Village, Nevada, and Stockman’s Casino in Fallon, Nevada, for an estimated 30 days. The Company will diligently work to reopen all of its casinos as soon as they are permitted to reopen.Forward-Looking StatementsThis press release may contain statements by Full House and its officers that are “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Some forward-looking statements in this press release include, without limitation, those regarding the coronavirus...

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Monument to follow Movement Control Order in Malaysia due to Covid-19 Virus

VANCOUVER, British Columbia, March 17, 2020 (GLOBE NEWSWIRE) — Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Company”) announces that the Company will follow the Movement Control Order (the Order”) issued by the Malaysian government to suspend operations at its Selinsing Gold Mine from March 18th to March 31st 2020 (the “Movement Control Period”) in Pahang State, Malaysia.CEO and President Cathy Zhai said: “Monument is in full compliance with the Order which puts employee’s wellbeing as first priority.  It has also implemented a business sustaining plan to ensure the operation would be back on track immediately once the ban of mining activities is lifted. We will work together with all of our stakeholders to overcome this difficult period.”On March 17, 2020 the Company received notice from the Mineral and...

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U.S. DISTRICT COURT RULES IN FAVOR OF REPEAT PRECISION AND NCS MULTISTAGE WITH $34.4 MILLION AWARD

HOUSTON, March 17, 2020 (GLOBE NEWSWIRE) — NCS Multistage Holdings, Inc. (“NCS” or the “Company”) (NASDAQ:NCSM) today announced that the United States District Court for the Western District of Texas, Waco Division, has awarded Repeat Precision, LLC, a 50 percent owned subsidiary of NCS (“Repeat Precision”), an approximately $34.4 million decision plus attorneys’ fees, in the case of Diamondback Industries, Inc. (“Diamondback”) vs. Repeat Precision, LLC, NCS Multistage LLC, and NCS Multistage Holdings, Inc., No.6:19-CV-00034-ADA. In its ruling, the Court validated the terms of Repeat Precision’s exclusive license agreement with respect to the setting tool technology practicing U.S. Patent No. 9,810,035, which Repeat Precision sells on a standalone basis and as the PurpleSeal Express™ System, combining the setting tool with the PurpleSeal™...

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Update on proposal to acquire Advantage Lithium Corp.

BRISBANE, Australia, March 18, 2020 (GLOBE NEWSWIRE) — Orocobre Limited (ASX: ORE, TSX: ORL) (Orocobre or the Company) is pleased to provide the following update on the agreement (the Agreement) announced on 19 February 2020 pursuant to which Orocobre will acquire 100% of the issued and outstanding shares of Advantage Lithium Corp. (Advantage) (TSX Venture: AAL) (OTCQX: AVLIF) that it does not already own, subject to the approval of Advantage shareholders.Advantage has now mailed its Management Information Circular and related proxy materials (which include non-ASX compliant information) for an annual general meeting and special meeting of Advantage shareholders to be held on April 14, 2020 at which approval will be sought to complete the transaction through a statutory plan of arrangement (the Arrangement).A special committee of...

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Biomerica Begins Shipping Samples of 10 Minute Test for COVID-19 Virus Exposure

10-minute test for coronavirus exposure utilizing blood from a finger prick can be performed anywhere by trained professionals, e.g. airports, schools, work, doctor’s office Biomerica has begun shipping samples of this COVID-19 test to multiple Ministries of Health and government agencies that have requested the product through the Company’s distributors in the Middle East, Europe, and other countries Price point of this single-use, disposable product as low as $10 per patient Biomerica has filed a provisional patent on rapid test technology to identify multiple coronavirus strains including the strain responsible for COVID-19IRVINE, Calif., March 17, 2020 (GLOBE NEWSWIRE) — Biomerica Inc. (NASDAQ: BMRA) today announced it has commenced shipping initial samples of its COVID-19 IgG/IgM Rapid Test (a finger prick blood test with results...

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