Month: March 2020

Collaboration to address product development and scale up challenges posed by current pandemic Basel, March 26, 2020 — Today, Novartis and a consortium of life sciences companies announced an important collaboration to accelerate the development, manufacture and delivery of vaccines, diagnostics, and treatments for COVID-19 in response to the pandemic. The industry brings a range of assets, resources, and expertise needed to identify effective and scalable solutions to the pandemic that is affecting billions worldwide. Effects on health systems, economies, and livelihoods are significant, and effective response requires an unprecedented collaboration across government, academia, private sector, and philanthropy. As co-chair of a consortium of life science companies headquartered across three continents, Vas Narasimhan, CEO of Novartis,...

NoHo Partners PlcAs soon as it became apparent how much the COVID-19 crisis would impact business, the company reacted immediately by starting adjustment measures and preparing for the changed market conditions. On 13 March 2020, the company informed about the ongoing negotiations in accordance with the Act on Cooperation within Undertakings and further informed about the rapid progress of the negotiations on 18 March 2020.The company currently estimates that the funding negotiations will proceed during the coming week at which time the company will provide further information.More information available from:Aku Vikström, CEO, NoHo Partners Plc, tel. +358 44 011 1989Jarno Suominen, Deputy CEO, NoHo Partners Plc, tel. +358 40 721 5655Distribution:Nasdaq HelsinkiMajor mediawww.noho.fi

NoHo Partners OyjNoHo Partners Oyj antaa lisätietoa taloudellisesta tilastaanYhtiö reagoi välittömästi tilanteeseen, kun koronakriisiin vaikutukset liiketoimintaan ilmenivät, ja aloitti määrätietoiset liiketoiminnan sopeuttamistoimet sekä varautumisen muuttuneeseen markkinatilanteeseen. Yhtiö tiedotti yhteistoimintalain mukaisista neuvotteluista 13.3.2020 sekä niiden nopeasta etenemisestä 18.3.2020.Tämän hetken näkymien mukaan rahoitusneuvottelut etenevät ensi viikon aikana, jolloin yhtiö tulee tiedottamaan niistä tarkemmin.Lisätiedot:Aku Vikström, toimitusjohtaja, NoHo Partners Oyj, puh. +358 44 011 1989Jarno Suominen, varatoimitusjohtaja, toimitusjohtajan sijainen, NoHo Partners Oyj, puh. +358 40 721 5655Jakelu:Nasdaq HelsinkiKeskeiset tiedotusvälineetwww.noho.fi

VANCOUVER, British Columbia, March 25, 2020 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to report that the illegal blockade of the roads in the municipality of San José del Progreso which prevented access to the San Jose Mine has been lifted (refer to Fortuna news release dated March 24, 2020). Operations at the mine will resume today, starting with the night shift.About Fortuna Silver Mines Inc.Fortuna is a growth oriented, precious metals producer focused on mining opportunities in Latin America.  Our primary assets are the Caylloma silver Mine in southern Peru, the San Jose silver-gold Mine in Mexico and the Lindero gold Project, currently under construction, in Argentina.  The Company is selectively pursuing acquisition opportunities throughout the Americas and in select other areas.  For more...

GUADALAJARA, Mexico, March 25, 2020 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (the “Company” or “GAP”) announces that, as a result of current circumstances, as well as the expected disruptions domestically and internationally due to the COVID-19 pandemic, the Company has taken the following course of action and measures, which have been approved by the Board of Directors (“the Board”):A service cost-control plan has been put into effect via the reduction of energy, security services, cleaning and maintenance in accordance with passenger demand, in order to operate at minimum levels without affecting quality. As a result, operational areas that are not currently being used will be temporarily closed.We have delayed non-obligatory capital investments and shall request the postponement...

SPOKANE, Wash., March 25, 2020 (GLOBE NEWSWIRE) — Avista’s (NYSE: AVA) electric and natural gas general rate cases concluded today with an order received from the Washington Utilities and Transportation Commission (UTC or Commission) that approved the partial multi-party settlement filed in November 2019 and that will keep rates reasonable for customers during this difficult time.“We appreciate the Commission’s efforts to arrive at a result that keeps rates affordable for our customers during this difficult and uncertain time and that is also fair and reasonable for our shareholders,” said Dennis Vermillion, Avista president and CEO. “We are pleased with this outcome, which demonstrates support of Avista’s efforts to invest in and maintain our infrastructure so we can continue to provide the reliable energy our customers expect.”The...

MEXICO CITY, March 25, 2020 (GLOBE NEWSWIRE) — GRUPO GICSA, S.A.B. de C.V. (“GICSA”) [BMV: GICSAB], a Mexican company specialized in the development, investment, commercialization and operation of shopping malls, corporate offices and mixed-use properties, today provided an update on the impact of the COVID-19, as well as prevention and mitigation measures.On March 24, 2020, Mexico’s Federal Government declared the beginning of phase 2 of the COVID-19 epidemic. We are facing an unprecedented and ever-changing situation; thus, we cannot reasonably foresee the magnitude and extent of the effects of COVID-19. We will need to be flexible and maintain the ability to adapt responsibly to global and local circumstances.We expect traffic and consumption levels in our shopping and entertainment centers to decrease significantly,...

Facilities remain open as deemed essential to transportation, energy, communications and forestry sectorsHealth and safety of employees, business partners and local communities remain highest priorityContinues strict adherence to hygiene and health directives imposed by public health authoritiesMONTREAL, March 25, 2020 (GLOBE NEWSWIRE) — Stella-Jones Inc. (TSX: SJ) (“Stella-Jones” or the “Company”) today provided an update on its North American operations in the face of the Covid-19 pandemic and orders issued by Canadian provincial and U.S. state authorities.Stella-Jones confirmed that while certain government authorities have ordered the closure or minimization of all non-essential business operations in regions where it operates, the Corporation falls within the exemptions for essential workplaces, businesses that provide priority...

Les installations, considérées comme essentielles aux secteurs des transports, de l’énergie, des communications et forestier, demeurent ouvertesLa santé et la sécurité des employés, des partenaires d’affaires et des collectivités locales demeurent nos prioritésStella-Jones continue de suivre à la lettre les directives en matière d’hygiène et de santé imposées par les autorités sanitairesMONTRÉAL, 25 mars 2020 (GLOBE NEWSWIRE) — Stella-Jones Inc. (TSX: SJ) (« Stella-Jones » ou la « Société ») a présenté aujourd’hui une mise à jour concernant ses activités en Amérique du Nord dans le contexte de la pandémie de Covid-19 et des ordonnances émises par les autorités provinciales canadiennes et les autorités étatiques américaines.Stella-Jones a confirmé que même si certaines autorités gouvernementales ont décrété l’arrêt ou la réduction...