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Month: August 2020

Addex and the SIB Swiss Institute of Bioinformatics Receive Innosuisse Grant to Repurpose Potent Dopamine Antagonist Using Computational Modelling

 ADX10061 Previously Demonstrated Favorable Safety and Tolerability in Clinical StudiesGeneva, Switzerland, August 27, 2020 – Addex Therapeutics (SIX: ADXN and Nasdaq: ADXN), a clinical-stage pharmaceutical company pioneering allosteric modulation-based drug discovery and development, and the SIB Swiss Institute of Bioinformatics (SIB) today announced that they have been awarded a CHF600K Innosuisse grant to apply computational approaches developed by SIB to identify new therapeutic indications for ADX10061, a potent and selective dopamine D1 receptor antagonist. Dopamine is a major neurotransmitter in the central nervous system and D1 receptors are believed to play an important role in the control of diverse aspects of brain function, including cognition, motivation, motricity, sleep, and memory.“The diversity of D1-dopaminergic systems...

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SalMar – Results for the second quarter 2020

SalMar ASA made an Operational EBIT of NOK 882 million in the second quarter 2020, down from NOK 990 million in the same period last year. The Group’s Norwegian operations made an Operational EBIT of NOK 912 million in the second quarter 2020, down from 964 million in the same period in 2019.“The SalMar Group has had another strong quarter, despite persisting turbulence and uncertainty in the global salmon market caused by the Covid-19 pandemic. Efficient operations and a strong biological performance at our Norwegian operations helped to reduce costs and secure good margins,” says SalMar’s CEO Gustav Witzøe.SalMar generated gross operating revenues of just over NOK 3.3 billion in the quarter, an increase of 0.4 per cent on the second quarter 2019. SalMar harvested 40,900 tonnes of salmon during the quarter, compared with 41,400 tonnes...

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SalMar – Resultat for andre kvartal 2020

SalMar ASA leverte et operasjonelt driftsresultat (EBIT) på 882 millioner kroner i andre kvartal 2020, ned fra 990 millioner kroner i samme periode i 2019. Den norske virksomheten leverte ett operasjonelt driftsresultat (EBIT) på 912 millioner kroner i andre kvartal 2020, ned fra 964 millioner kroner i samme periode i 2019.– SalMar-konsernet har lagt bak seg nok et sterkt kvartal, til tross for vedvarende turbulens og usikkerhet i det globale laksemarkedet som følge av koronapandemien. Solid drift og sterke biologiske prestasjoner i vår norske virksomhet bidro til reduserte kostnader og gode marginer, sier konsernsjef Gustav Witzøe i SalMar.Samlede driftsinntekter utgjorde i overkant av 3,3 milliarder kroner i kvartalet, en økning på 0,4 prosent fra andre kvartal i 2019. SalMar slaktet 40 900 tonn i kvartalet, mot 41 400 tonn i...

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Ageas broadens partnership with China Taiping by subscribing to a capital increase of Taiping Reinsurance Co. Ltd.

                Ageas announces that it has concluded an agreement with China Taiping Insurance Holdings (CTIH) to subscribe to a capital increase of its wholly controlled subsidiary Taiping Reinsurance Co. Ltd. (TPRe) for a total consideration of HKD 3,100 million (around EUR 340 million). With this transaction, Ageas reinforces its strong long-term strategic partnership with China Taiping.The participation in TPRe, one of the top Asian reinsurance companies with a strong track record and promising growth potential, allows Ageas to expand in the fast-growing Asian reinsurance market from leading positions in Hong Kong and China. Moreover, the subscription to the capital increase, which is a further step in a long history of cooperation between Ageas and CTIH, will increase the share of Non-Life activities in the Group’s business portfolio.Since...

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Ageas élargit son partenariat avec China Taiping en souscrivant à une augmentation de capital de Taiping Reinsurance Co. Ltd.

Ageas annonce la conclusion d’un accord avec China Taiping Insurance Holdings (CTIH) en vue de souscrire à une augmentation de capital de sa filiale à 100% Taiping Reinsurance Co. Ltd. (TPRe) pour une contrepartie totale de HKD 3.100 millions (environ EUR 340 millions). Par cette opération, Ageas renforce son solide partenariat à long terme avec China Taiping.Cette participation dans TPRe, l’une des plus grandes compagnies asiatiques de réassurance affichant un excellent historique de performances et un potentiel de croissance prometteur, permet à Ageas de s’avancer sur le marché asiatique de la réassurance, en pleine croissance, depuis des positions en tête du marché à Hong Kong et en Chine. La souscription à l’augmentation de capital, nouvelle étape dans la coopération de longue date entre Ageas et CTIH, augmentera en outre la part...

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Ageas verstevigt partnership met China Taiping door intekening op kapitaalverhoging van Taiping Reinsurance Co. Ltd.

Ageas kondigt aan een overeenkomst te hebben gesloten met China Taiping Insurance Holdings (CTIH) om in te tekenen op een kapitaalverhoging van zijn volledige dochtermaatschappij Taiping Reinsurance Co. Ltd. (TPRe) voor een totaalbedrag van HKD 3.100 miljoen (ongeveer EUR 340 miljoen). Met deze transactie versterkt Ageas zijn strategische lange termijn partnership met China Taiping.Door de deelneming in TPRe, dat met een sterke track record en een veelbelovend groeipotentieel tot de top van de Aziatische herverzekeraars behoort, kan Ageas vanuit leidende posities in Hongkong en China uitbreiden op de snel groeiende Aziatische herverzekeringsmarkt. Daarnaast verhoogt de intekening op de kapitaalverhoging, die een volgende stap vormt in een reeds lange samenwerking tussen Ageas en CTIH, het aandeel van de Niet-leven-activiteiten in de portefeuille...

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Unigold Announces Updated Mineral Resource Estimate for Candelones Oxide Project

Over 80% conversion of Inferred oxide resource to Measured and Indicated categories;Pit constrained Measured and Indicated Oxide Resource of 3.43 M tonnes averaging 0.84 g/t Au (92,000 ozs Au contained) in a low strip starter pit;Inferred Oxide Resource of 1.61 M tonnes averaging 0.74 g/t Au (38,000 ozs Au) within the same starter pit;Waste : Resource ratio of oxide starter pit is 0.2:1.0;Exploration drilling has resumed at the Candelones Extension;TORONTO, Aug. 27, 2020 (GLOBE NEWSWIRE) —  Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD) is pleased to announce an updated mineral resource estimate for the Candelones Project, part of the Company’s 100% owned Neita Concession in the Dominican Republic.The updated mineral resource estimate was completed by Mr. W. Lewis, P.Geo. and Mr. A. San Martin, MAusIMM (CP) of Micon International...

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Itafos Reports Q2 2020 Financial Results and Operational Highlights

TORONTO, Aug. 26, 2020 (GLOBE NEWSWIRE) — Itafos (TSX-V: IFOS) (the “Company”) reported today its Q2 2020 financial results and operational highlights. The Company’s financial statements and management’s discussion and analysis for the three and six months ended June 30, 2020 are available under the Company’s profile at www.sedar.com and on the Company’s website at www.itafos.com. All dollar values are in thousands of US Dollars except as otherwise noted.“We delivered strong financial and operational performance during Q2 2020, demonstrated by our adjusted EBITDA for the quarter improving $14 million year-over-year. Our focus on improving margins and corporate-wide cost savings initiatives, in addition to a disciplined approach to capital allocation and efforts to mitigate sulfuric acid supply disruptions all contributed to these...

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