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Month: June 2020

Calibre Mining Provides Revised 2020 Production and Cost Guidance: Expects Gold Production of Between 110,000 and 125,000 Ounces at Total Cash Costs¹ of Between $880 and $920 an Ounce

VANCOUVER, British Columbia, June 24, 2020 (GLOBE NEWSWIRE) — Calibre Mining Corp. (“Calibre” or the “Company”) (TSX: CXB; OTCQX: CXBMF) is pleased to provide its revised 2020 production and cost guidance following the temporary suspension of operations, as announced on March 25, 2020.After a 10-week suspension of operations, Calibre now expects 2020 gold production of between 110,000 and 125,000 ounces at Total Cash Costs1 of between $880 and $920 and All-In Sustaining Costs2 of between $1,070 and $1,100 an ounce, respectively (all numbers expressed in United States dollars).The Company has resumed exploration drilling with an expanded 60,000 metre program, increased from 47,000 metres. In addition, an unbudgeted 20,000 metre infill drilling program is underway (at sustaining capital costs of approximately $2.5 million) targeting...

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Akoustis Announces Second 5G Network Infrastructure Design Win with Tier-1 OEM

– Band n77 RF Filter Solution Qualified and Designed into 5G Small Cell Product –– New XBAW Filter Expected to Enter Production in Current Calendar Year –Charlotte, N.C., June 24, 2020 (GLOBE NEWSWIRE) — Akoustis Technologies, Inc. (NASDAQ: AKTS) (“Akoustis” or the “Company”), an integrated device manufacturer (IDM) of patented bulk acoustic wave (BAW) high-band RF filters for mobile and other wireless applications, announced today that it has been awarded a second design win for band n77 XBAW™ filters for 5G network infrastructure equipment from its tier-1 customer. The Company expects to enter commercial production in the second half of calendar 2020.Akoustis’ recently announced wide bandwidth n77 XBAW™ filter has now been qualified in the initial build of 5G small cell base station systems. Akoustis completed initial sample shipments...

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iBio Selected by IBM Watson Health for the use of IBM Clinical Development Solution at No Cost to help Support clinical COVID-19 Vaccine Candidates

NEW YORK, June 24, 2020 (GLOBE NEWSWIRE) — iBio, Inc. (NYSE AMERICAN:IBIO) (“iBio” or the “Company”), a biologics contract manufacturing organization and biotechnology company, today announced that IBM Watson Health has selected iBio to receive 18 months of use of the IBM Clinical Development (ICD) solution, free-of-charge.IBM Watson Health recently began offering its ICD solution to eligible trial sponsor organizations as part of its efforts to help support the medical community to address the COVID-19 pandemic. IBM Watson Health has received interest in the offering from numerous hospitals, sponsors, contract research organizations and academic institutions, and is currently enabling 15 COVID-19 disease trials.“We are deeply appreciative of IBM’s vote-of-confidence, which recognizes the potential of iBio’s COVID-19 vaccine development...

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Brookfield Business Partners L.P. 2020 Second Quarter Conference Call and Webcast for Investors and Analysts

Date: Thursday, August 6, 2020Time: 12:00 p.m. (Eastern Time)BROOKFIELD NEWS, June 24, 2020 (GLOBE NEWSWIRE) — You are invited to participate in Brookfield Business Partners’ 2020 Second Quarter Conference Call & Webcast on Thursday, August 6, 2020 at 12:00 p.m. (Eastern Time) to discuss with members of senior management our results and current business initiatives.Results will be released on Thursday, August 6, 2020 prior to 8:00 a.m. (Eastern Time) and will be available following the release on our website at https://bbu.brookfield.com.To participate in the Conference Call please dial +1 (866) 688-9431 toll-free in the U.S and Canada or for overseas calls please dial +1 (409) 216-0818 (Conference ID 3838218) at approximately 11:50 a.m. (Eastern Time). Live audio of the Conference Call will be available via webcast on our...

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Sotherly Hotels Inc. Reports Financial Results for the First Quarter Ended March 31, 2020

WILLIAMSBURG, Va., June 24, 2020 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO), (“Sotherly” or the “Company”), a self-managed and self-administered lodging real estate investment trust (a “REIT”), today reported its consolidated results for the first quarter ended March 31, 2020. The Company’s results include the following*:(*)    Earnings before interest, taxes, depreciation and amortization (“EBITDA”), hotel EBITDA, funds from operations (“FFO”) available to common stockholders and unitholders, adjusted FFO available to common stockholders and unitholders, FFO per common share and unit and adjusted FFO per common share and unit are non-GAAP financial measures. See further discussion of these non-GAAP measures, including definitions related thereto, and reconciliations to net income (loss) later in this press release....

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The Danish competition authorities and the Danish Energy Agency have approved Ørsted’s divestment of its power distribution, residential customer, and city light businesses

On 18 September 2019, Ørsted announced that the company had signed an agreement to divest its Danish power distribution business (Radius) as well as its residential customer and city light businesses to SEAS-NVE. The transaction was subject to approval by the Danish competition authorities and the Danish Energy Agency. Both authorities have now approved the transaction.The information provided in this announcement does not change Ørsted’s previously announced guidance and expected investment level for the 2020 financial year.Media Relations Ulrik Frøhlke+45 99 55 95 60Ørsted’s vision is to create a world that runs entirely on green energy. Ørsted develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and provides energy products to its customers. Ørsted ranks #1...

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Konkurrencemyndighederne og Energistyrelsen har godkendt Ørsteds frasalg af eldistributions-, privatkunde- og udendørsbelysningsforretningen

Den 18. september 2019 meddelte Ørsted, at selskabet havde indgået en aftale om at sælge den danske eldistributionsforretning (Radius) samt privatkunde- og udendørsbelysningsforretning til SEAS-NVE. Handlen var betinget af konkurrencemyndighedernes og Energistyrelsens godkendelse, og begge myndigheder har nu godkendt handlen.Indholdet af denne meddelelse har ingen indflydelse på Ørsteds tidligere udmeldte forventninger til resultat eller investeringsniveau for regnskabsåret 2020.Ørsteds vision er at skabe en verden, der udelukkende kører på grøn energi. Ørsted udvikler, opfører og driver hav- og landvindmølleparker samt bioenergi-, solcelle- og energilagringsanlæg og leverer energiprodukter til sine kunder. Ørsted topper i 2020 Corporate Knights’ Global 100-indeks over verdens mest bæredygtige virksomheder og rangerer på klimaorganisationen...

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Evorese.com, a new and promising cryptocurrency exchange

PETROSANI, Romania, June 23, 2020 – Evorese.com, a crypto payment, and exchange, opens the doors for cryptocurrency users globally. The payment portal launched from the beautiful Jiu Valley, Romania, promising to offer solutions for both solving volatility for established merchants and friendly payments, but also to come up with an ultimate model of Initial Exchange Offering to protect investors and the projects’ success in the long term. “Our goal is to create a trust-worthy platform for exchanging digital assets. We will create a safe space for investors to invest in crypto projects and hope to get back a large part of the crowd that has been lost in 2017. Furthermore, we aim to solve the volatility problem which is a major issue these days with friendly and merchants payments, says Ciprian Filip, Co-Founder and CEO at Evorese.” Initial...

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