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Day: October 9, 2020

Velan awarded major offshore valve contracts in Asia totaling over US$30 million

MONTREAL, Oct. 09, 2020 (GLOBE NEWSWIRE) — Velan Inc.’s wholly owned subsidiary Velan ABV, located in Lucca, Italy, has been recently awarded important contracts for the supply of multiple packages of actuated and manual valves to MODEC Offshore Production Systems (Singapore) Pte. Ltd. These orders are added to those already acquired in the last 12 months for sales in excess of US$30 million and represent the continuation of Velan’s commitment and successes in FPSOs, one of the leading and most demanding O&G markets. The scope of supply consists of high and ultra-high pressure forged valves whose compact design and special construction have significantly contributed to the improvement of the Customer’s process efficiency and will also improve and facilitate the daily operation of the Customer’s facilities. Deliveries...

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Velan remporte un important contrat de vannes en Asie d’une valeur de 30 millions $ US

MONTRÉAL, 09 oct. 2020 (GLOBE NEWSWIRE) — Velan ABV, une filiale en toute propriété de Velan Inc. située dans la ville italienne de Lucca, s’est récemment vu attribuer d’importants contrats de vannes actionnées et manuelles par l’entreprise singapourienne, MODEC Offshore Production Systems Pte. Ltd. Ceux-ci s’ajoutent au bilan de contrats acquis au cours des 12 derniers mois. Totalisant plus de 30 millions de dollars US, ils représentent la continuation des engagements et des réussites de Velan dans le domaine des FPSO, l’un des marchés d’hydrocarbures les plus importants et exigeants. L’étendue des fournitures comprend des vannes forgées à haute et ultra-haute pression. La conception compacte et la construction particulières de celles-ci ont grandement contribué à l’efficacité du procédé du client et serviront également à améliorer...

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Statement Regarding Press Speculation

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.4 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE “CODE”) AND DOES NOT CONSTITUTE AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CODE. THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE NOR AS TO THE TERMS ON WHICH ANY FIRM OFFER MIGHT BE MADE.THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATIONFOR IMMEDIATE RELEASE9 October 2020Statement regarding press speculationIn response to recent press speculation, the Board of G4S plc (“G4S” or “the Company”) confirms it has received an expression of interest from Allied Universal Security Services LLC (“Allied Universal”), regarding a possible...

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Pasinex Announces Second Quarter 2020 Financial Results

TORONTO, Oct. 09, 2020 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) today reports the Company’s financial and operating results for the three and six months ended June 30, 2020.Andrew Gottwald, Chief Financial Officer of Pasinex, commented, “The second quarter financial results are consistent with the past few quarters, but have stabilized from a cash flow perspective, primarily due to continued support through shareholder loans. There were positive developments at our joint venture partner subsequent to the quarter end, with the recent management changes and the beginning of the development of a fourth adit. We will continue to build on this positive momentum in making further changes and gains in Turkey in the coming months.”Highlights – Second Quarter 2020

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NexTech AR Solutions Reports Record Preliminary 3rd Quarter 2020 Results

NEW YORK and TORONTO, Oct. 09, 2020 (GLOBE NEWSWIRE) — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality, eCommerce, and Virtual Events, reportes preliminary results for its third quarter ended September 30, 2020. The final numbers will be filed on SEDAR by November 30, 2020.Q3 key highlights:Record Q3 2020 Total Bookings of $6.7 million* which exceeded all of 2019 revenue of $6mill331% growth over Q3 2019 revenue of $1,561,425Record cash on hand of $16.3 millionRaised $13.2 million, through underwritten offering by Mackie Research of 2,035,000 shares at a price of $6.50Hired Eugen Winschel 18 year SAP Executive as new COODoubled the size of the company to 140 in Q3 from just 70 in Q2 – to continue to meet the rapid ramp up in demand and increase the company’s...

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Auction result of Treasury Bonds – RIKB 23 0515 – RIKS 33 0321

Series  RIKB 23 0515 RIKS 33 0321Settlement Date  10/14/2020 10/14/2020Total Amount Allocated (MM)  10,588 2,745All Bids Awarded At (Price / Yield)  99.122 / 1.850 130.202 / 0.490Total Number of Bids Received  26 20Total Amount of All Bids Received (MM)  10,688 3,045Total Number of Successful Bids  25 17Number of Bids Allocated in Full  25 17Lowest Price / Highest Yield Allocated  99.122 / 1.850 130.202 / 0.490Highest Price / Lowest Yield Allocated  99.250 / 1.800 131.615 / 0.390Lowest Price / Highest Yield Allocated in Full  99.122 / 1.850 130.202 / 0.490Weighted Average of Successful Bids (Price/Yield)  99.204 / 1.820 130.926 / 0.439Best Bid (Price / Yield)  99.250 / 1.800 131.615 / 0.390Worst Bid (Price / Yield)  99.080 / 1.870 129.641 / 0.530Weighted Average of All Bids Received (Price /...

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Niðurstöður í útboði ríkisbréfa – RIKB 23 0515 – RIKS 33 0321

Flokkur  RIKB 23 0515 RIKS 33 0321Greiðslu-og uppgjörsdagur  14.10.2020 14.10.2020Samþykkt tilboð að nafnverði (m.kr.)  10.588 2.745Samþykkt (verð / ávöxtunarkrafa)  99,122 / 1,850 130,202 / 0,490Fjöldi innsendra tilboða  26 20Upphæð móttekinna tilboða að nafnverði (m.kr.)  10.688 3.045Fjöldi samþykktra tilboða  25 17Fjöldi samþykktra tilboða úthlutað að fullu  25 17Lægsta úthlutaða verð / Hæsta úthlutaða ávöxtunarkrafa  99,122 / 1,850 130,202 / 0,490Hæsta úthlutaða verð / Lægsta úthlutaða ávöxtunarkrafa  99,250 / 1,800 131,615 / 0,390Lægsta verð / Hæsta ávöxtunarkrafa úthlutað að fullu  99,122 / 1,850 130,202 / 0,490Vegið meðaltal samþykktra tilboða (verð / ávöxtunarkrafa)  99,204 / 1,820 130,926 / 0,439Besta tilboð (verð / ávöxtunarkrafa)  99,250 / 1,800 131,615 / 0,390Versta tilboð (verð / ávöxtunarkrafa)  99,080 / 1,870 129,641 / 0,530Vegið...

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Kymera Therapeutics to Present Interim Results from a Non-Interventional Study Characterizing IRAK4 Expression and Demonstrating Proof of Mechanism of an IRAK4 Degrader in Patients with Hidradenitis Suppurativa

Data to be presented at the 5thAnnual Symposium on Hidradenitis Suppurativa Advances (SHSA)Results support clinical development of IRAK4-targeted protein degrader in hidradenitis suppurativa (HS) and other IL-1R/TLR-driven autoimmune and inflammatory diseases, with Phase 1 trial on track for start in 2021WATERTOWN, Mass., Oct. 09, 2020 (GLOBE NEWSWIRE) — Kymera Therapeutics, Inc. (NASDAQ: KYMR), a biopharmaceutical company advancing targeted protein degradation to deliver novel small molecule protein degrader therapeutics, today announced the company will present interim data from a non-interventional trial evaluating IRAK4 expression in the skin and blood of patients with HS and atopic dermatitis (AD) as well as the effect of its lead IRAK4 degrader, KT-474, on IRAK4 levels in peripheral blood mononuclear cells (PBMC) following...

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Evergold Awaits Initial Assay Results from Golden Lion ‘Main’ Target Prior to Executing Previously Announced Second Tranche of Private Placement Financing

TORONTO, Oct. 09, 2020 (GLOBE NEWSWIRE) — Evergold Corp. (TSX-V: EVER, OTC: EVGUF, FRA: 5EG) (“Evergold” or the “Company”). On September 22 the Company announced the closing of the first (hard dollar-focused) tranche of its previously announced (news, August 28) non-brokered private placement along with its intention to complete a second tranche targeted primarily at flow-through funds. At the same time the Company also announced its desire to await initial assays from drilling this summer at the Company’s promising GL 1 ‘Main’ target, located on the Golden Lion property in northern British Columbia, Canada, prior to completing the second tranche of the financing.  Geochemistry labs in B.C. are seriously backed up at present and assay results are taking much longer than originally promised due to robust financing markets for juniors...

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Axovant Gene Therapies Receives Rare Pediatric Disease Designation for AXO-AAV-GM1 for GM1 Gangliosidosis

NEW YORK, Oct. 09, 2020 (GLOBE NEWSWIRE) — Axovant Gene Therapies Ltd. (NASDAQ: AXGT), a clinical-stage company developing innovative gene therapies for neurological diseases, today announced that it has received Rare Pediatric Disease Designation from the U.S. Food and Drug Administration (FDA) for AXO-AAV-GM1, an AAV9-based gene therapy delivered via a single intravenous administration that is in Phase 1/2 development for GM1 gangliosidosis. In addition to the Rare Pediatric Disease designation, AXO-AAV-GM1 has Orphan Drug designation and is the only gene therapy in clinical development for both infantile (Type I) and juvenile (Type II) GM1 gangliosidosis.“Receiving Rare Pediatric Disease Designation in addition to the previously granted Orphan Drug Designation for AXO-AAV-GM1 highlights the importance of expediting a therapy...

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