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Month: September 2020

Lord Global Corporation joins with KeyOptions to market Virolens®, 20-second COVID-19 testing product for areas outside of North America and Europe

This is the first AI driven mobile laboratory that can, in its first iteration, diagnose with 99.8% accuracy the presence of the live COVID-19 virus in saliva samples.Upon the various governmental regulatory body approvals, which is expected in the near term, the market for this product will be very significant.CHICAGO, Sept. 13, 2020 (GLOBE NEWSWIRE) — Lord Global Corporation is issuing this clarifying press release relating to KeyOptions, having secured the rights to bring the Virolens® testing units to Australia, Latin America, South East Asia, Turkey and a number of other territories in conjunction with other partners. (Link to KeyOptions press release)The Virolens®️ system is a COVID-19 screening device based on microscopic holographic imaging and artificial intelligence (AI) software technology. It uses a digital camera attached...

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Corporate Restructure to Separate Sunrise from Water Division

Review of Potential Spin-Out Underway          One for Ten Share Consolidation Proposed for Approval at AGM MELBOURNE, Australia, Sept. 13, 2020 (GLOBE NEWSWIRE) —  Co-Chairman, Robert Friedland, and CEO, Sam Riggall, of Clean TeQ Holdings Limited (‘Clean TeQ’ or ‘Company’) (ASX/TSX:CLQ; OTCQX:CTEQF) provide the following update on a range of corporate activities currently underway which are aimed at enhancing shareholder value.SEPARATION OF SUNRISE FROM WATER BUSINESSClean TeQ’s water division is focused on the design, procurement, construction and operation of tailored water purification and recycling solutions in the mining, municipal and agri-food sectors. It also undertakes significant research and development into new water treatment technologies, including BIOCLENS®, and through the Company’s interest in the NematiQ joint...

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89bio to Announce Topline Results from Phase 1b/2a Study of BIO89-100 in NASH

SAN FRANCISCO, Sept. 13, 2020 (GLOBE NEWSWIRE) — 89bio, Inc. (Nasdaq: ETNB) today announced that the company plans to share topline safety, tolerability and efficacy data from its Phase 1b/2a study of BIO89-100 in NASH in a pre-market press release and webcast to be held on Monday, September 14, 2020.Conference Call/Webcast DetailsThe company will host a conference call and webcast with slides at 8:30am PT (5:30am PT) tomorrow morning, September 14. Details for the live conference call are as follows: Domestic – (833) 570-1145; International – (914) 987-7092; and Passcode – 5064866. To access the live webcast and slides, please visit “Events and Presentations” under the “Investors” section of 89bio’s website at https://ir.89bio.com/events-and-presentations. Following the live audio webcast, a replay will be available on the...

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NVIDIA to Acquire Arm for $40 Billion, Creating World’s Premier Computing Company for the Age of AI

Unites NVIDIA’s leadership in artificial intelligence with Arm’s vast computing ecosystem to drive innovation for all customersNVIDIA will expand Arm’s R&D presence in Cambridge, UK, by establishing a world-class AI research and education center, and building an Arm/NVIDIA-powered AI supercomputer for groundbreaking researchNVIDIA will continue Arm’s open-licensing model and customer neutrality and expand Arm’s IP licensing portfolio with NVIDIA technologyImmediately accretive to NVIDIA’s non-GAAP gross margin and EPSConsideration of $40 billion to be met through a combination of NVIDIA shares and cashSANTA CLARA, Calif. and CAMBRIDGE, United Kingdom and TOKYO, Sept. 13, 2020 (GLOBE NEWSWIRE) — NVIDIA and SoftBank Group Corp. (SBG) today announced a definitive agreement under which NVIDIA will acquire Arm Limited from SBG and...

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SouthGobi Announces Initiation of Delisting Review By TSX

VANCOUVER, British Columbia, Sept. 13, 2020 (GLOBE NEWSWIRE) — SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi” or the “Company”) announces that it was notified by the Toronto Stock Exchange (“TSX”) on September 11, 2020 that it is reviewing the eligibility for continued listing of the Company’s common shares on the TSX pursuant to the TSX’s Remedial Review Process (“TSX Delisting Review”). The Company has been granted 120 days from the date of this notification to remedy the following delisting criteria, as well as any other delisting criteria that become applicable during the Remedial Review Process: (i) financial condition and/or operating results; (ii) adequate working capital and appropriate capital structure; and (iii) disclosure issues (collectively, the “Delisting Criteria”).The TSX Continued Listing Committee...

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Thin Film Electronics ASA – Mandatory notice of trades – Grant of incentive subscription rights

Oslo, 13 September 2020This announcement is submitted on behalf of certain primary insiders in Thin Film Electronics ASA (“Thinfilm” or the “Company”).On 11 September 2020, Kevin Barber, CEO of Thinfilm, was granted 30,001,440 incentive subscription rights (“SRs”) in the Company. The exercise price of the SRs is NOK 0.2840 per share. 50% of the SRs vest after one year following the date of grant, while the remaining 50% vest two years after the date of grant. The SRs expire on 19 August 2025. After the grant, Mr. Barber holds 909,091 shares, 909,091 Warrants A, 909,091 Warrants B and 32,331,560 SRs in Thinfilm.On 11 September 2020, David Williamson, acting CFO of Thinfilm, was granted 3,750,180 incentive subscription rights in the Company. The exercise price of the SRs is NOK 0.2840 per share. 50% of the SRs vest after one year following...

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Thin Film Electronics ASA – Grant of incentive subscription rights

Oslo, 13 September 2020The board of directors of Thin Film Electronics ASA (“Thinfilm” or the “Company”) resolved on 11 September 2020 to issue 60,031,441 incentive subscription rights to employees in the Thinfilm group. The grant was made under the Company’s 2020 incentive subscription rights plan as resolved at the Extraordinary General Meeting on 19 August 2020. The exercise price of the subscription rights is NOK 0.2840 per share. The subscription rights vest by 50% per year over two years and expire on 19 August 2025. Following the grants, there are 63,452,176 subscription rights issued and outstanding in Thinfilm.This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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North West Company Inc. annonce des gains du deuxième trimestre, une augmentation dans les dividendes trimestriels et l’ouverture d’une offre publique de rachat dans le cours normal des activités

WINNIPEG, Manitoba, 12 sept. 2020 (GLOBE NEWSWIRE) — (TSX : NWC) :  North West Company Inc. (la « société » ou « North West ») a publié aujourd’hui ses résultats financiers non vérifiés pour le deuxième trimestre se terminant le 31 juillet 2020. Elle a également annoncé que le conseil d’administration a déclaré un dividende de 0,36 $ par action, ou 9,1 % aux actionnaires inscrits au registre en date du 30 septembre 2020, un dividende qui sera versé le 15 octobre 2020 et que sous réserve d’une approbation du TSX, la société a l’intention d’introduire une offre publique de rachat dans le cours normal des activités. Les ventes du deuxième trimestre ont augmenté de 23,0 % à 648,5 millions de dollars et les gains nets ont augmenté de 44,6 M$ à 62,6 M$ en raison des facteurs liés à la COVID-19, y compris...

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Dassault Aviation: Greece and the Rafale

Greece and the RafaleSaint-Cloud, France, September 12, 2020 – Greece announced today its intention to acquire 18 Rafales to equip its air force.This announcement illustrates the strength of the partnership that has linked the Greek Air Force and Dassault Aviation for more than 45 years, and demonstrates the enduring strategic relationship between Greece and France.Greece ordered 40 Mirage F1 from Dassault Aviation in 1974, then 40 Mirage 2000 in 1985 and finally 15 Mirage 2000-5 in the year 2000; this latest contract also includes the modernization of 10 Mirage 2000 to the 2000-5 standard with a large contribution from Greek industry.“I am delighted with this announcement, which reinforces the exceptional relationship we have had with Greece for nearly half a century, and I thank the Greek authorities for their confidence in us...

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Dassault Aviation : La Grèce et le Rafale

La Grèce et le RafaleSaint-Cloud, le 12 septembre 2020 – La Grèce a annoncé aujourd’hui son intention d’acquérir 18 Rafale pour équiper son armée de l’air.Cette annonce illustre la solidité du partenariat qui lie depuis plus de quarante-cinq ans l’armée de l’air grecque et Dassault Aviation, et témoigne de la pérennité de la relation stratégique entre la Grèce et la France.La Grèce a commandé à Dassault Aviation 40 Mirage F1 en 1974, puis 40 Mirage 2000 en 1985 et enfin 15 Mirage 2000-5 en l’an 2000, ce dernier contrat comprenant également la modernisation de 10 Mirage 2000 au standard 2000-5 avec une large contribution de l’industrie grecque.« Je me réjouis de cette annonce qui conforte la relation exceptionnelle que nous entretenons avec la Grèce depuis près d’un demi-siècle, et je remercie les autorités grecques pour la confiance qui...

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