Day: November 23, 2020

Silvercorp’s Mines Achieve “Green Mine” Certifications

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VANCOUVER, British Columbia, Nov. 23, 2020 (GLOBE NEWSWIRE) — Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX/NYSE American: SVM) is pleased to report that its TLP, LME, LMW and HPG mines in the Ying Mining District, Henan Province, and GC mine, Guangdong Province, have been certified as “green mines” in China. A “green mine” is a certification awarded to mines that minimize adverse impacts on the environment and adopt scientific design and measures to ensure sustainable development from mine development to closure.Generally, a “green mine” designation allows for a more favourable treatment from different levels of government, including in relation to priority rights to mining resources, improved land security for mine construction, and finance and tax support through coordinated policies.Certification StatusOn...

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CTO Realty Growth Announces Its Land Joint Venture Sold 30 Acres for $8.1 Million

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DAYTONA BEACH, Fla., Nov. 23, 2020 (GLOBE NEWSWIRE) — CTO Realty Growth (NYSE American: CTO) (the “Company”) today announced the closing of the sale of approximately 30 acres (the “Parcel”) for $8.1 million, or $273,000 per acre, to Capstone Collegiate Communities, LLC (“Capstone”), a national real estate developer. Capstone intends to develop an estimated 280 multi-family units on the Parcel, which is located at the southwest corner of Williamson Boulevard and Strickland Range Road in Daytona Beach, FL on the east side of I-95.The Parcel was sold by the venture that was formed in October 2019 when the Company sold its controlling interest in the entity that owned the Company’s remaining land portfolio (the “Land JV”). Proceeds from the sale of the Parcel will be distributed under the terms of the Land JV. CTO has a retained interest...

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ThreeD Capital Inc. Releases Results for the Three Months Ended September 30, 2020

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TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian based venture capital firm that invests in disruptive companies and promising junior resources companies, is pleased to announce its results as at and for the three months ended September 30, 2020.As at September 30, 2020, the Company had cash, investments and digital assets of $13.9 million.As at September 30, 2020, net asset value per share was $0.41 as compared to $0.41 as at June 30, 2020. (See “Use of Non-GAAP Financial Measures” elsewhere)Financial Highlights for the three months ending September 30, 2020 with comparatives:Sheldon Inwentash, Chairman and CEO stated, “Over the past 18 months we have been quietly but deliberately building our portfolio with very early-stage investments in highly prospective...

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IntelGenx Grants Stock Options

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SAINT-LAURENT, Quebec, Nov. 23, 2020 (GLOBE NEWSWIRE) — IntelGenx Technologies Corp. (“IntelGenx”, or the “Company”) (TSX-V: IGX) (OTCQB:IGXT) announced today that the Company’s board of directors granted stock options to acquire a total of 1,365,000 common shares under the 2016 Stock Option Plan.Of the total stock options granted, 200,000 were granted to each of Horst G. Zerbe, Chief Executive Officer and Andre Godin, President and Chief Financial Officer. Furthermore, 100,000 stock options were granted to each of three officers of IntelGenx Corp., Nadine Paiement, Vice President Research and Development, Dana Matzen, Vice President Business and Corporate Development and Rodolphe Obeid, Vice President Operations. Also included in the total number of options granted are 665,000 granted to fourteen employees of IntelGenx...

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Water Ways Receives First Blueberries Turnkey Irrigation Project in China

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESTORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (“Water Ways” or the “Company“), is pleased to announce that its 73% owned Chinese subsidiary, IRRI-AL TAL (Shanghai) Agriculture Technology Company Ltd. (“IRRI-AL TAL (Shanghai)”), has signed a contract to deliver and install a 200,000 sq./m turnkey irrigation project, for blueberries, in the Province of Yunnan in China. IRRI-AL TAL (Shanghai) is expected to deliver and install the project and recognize revenue partially during Q4 of 2020 and partially during Q1 of 2021. The total value of the order is approximately CAD$460,000. IRRI-AL TAL (Shanghai) signed the contract with a subsidiary of Driscoll (the “Client“),...

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Osisko Gold Royalties Ltd and Barolo Ventures Corp. Provide Transaction Updates on Previously-announced Spin-out Transaction

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Filing of Filing Statement – TSX–V Conditional Approval – Barolo Shareholder ApprovalMONTRÉAL, Nov. 23, 2020 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (“Osisko Royalties“) (OR: TSX & NYSE) and Barolo Ventures Corp. (“Barolo“) (BVC.H: TSX-V) are pleased to provide certain updates relating to their previously-announced spin-out transaction, further to their joint news releases dated October 5, 2020, October 28, 2020 and October 29, 2020, which will result in a “Reverse Take-Over” of Barolo (the “RTO“) under the policies of the TSX Venture Exchange (the “TSX-V“). In this news release, references to the “Resulting Issuer” or “Osisko Development” are to Barolo after the closing of the RTO.Conditional Approval of the ExchangeOn November 12,...

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Corcept Therapeutics Appoints Gillian M. Cannon, PhD, to Board of Directors

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MENLO PARK, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) — Corcept Therapeutics Incorporated (NASDAQ: CORT), a commercial-stage company engaged in the discovery and development of drugs to treat severe metabolic, oncologic and psychiatric disorders by modulating the effects of the stress hormone cortisol, announced today that Gillian M. Cannon, PhD, has joined the company’s Board of Directors.Dr. Cannon brings to Corcept more than 30 years experience in the pharmaceutical industry, where she has served in leadership roles at Merck and Co. Inc., UCB Inc. and Otsuka Pharmaceuticals. In her 27-year career at Merck, Dr. Cannon held a variety of senior positions, including Global Vice President for Commercial Operations at Merck’s start-up biosimilar business, Merck BioVentures; Business Unit Head for Merck’s specialty products franchise;...

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Dundee Precious Metals Files Technical Report on the Ada Tepe Gold Mine

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TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) today announced that the Company has filed a technical report for its Ada Tepe gold mine in Bulgaria. The purpose of the report was to support the updated Mineral Resource and Mineral Reserve Estimate and improved life of mine plan for Ada Tepe as previously disclosed in the Company’s news release dated October 16, 2020.The technical report has been prepared pursuant to the Canadian Securities Administrator’s National Instrument 43-101. The technical report and the October 16, 2020 news release are both available for review on SEDAR (www.sedar.com) and on the Company’s website (www.dundeeprecious.com).About Dundee Precious Metals Inc.Dundee Precious Metals Inc. is a Canadian based, international gold mining company engaged in...

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Partners Value Investments L.P. Announces 2020 Third Quarter Results

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TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership” TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the three months ended September 30, 2020. All amounts are stated in US dollars.The Partnership recorded an increase in net book value during the period of $0.45 to $43.05 per unit ($3.8 billion). The increase is primarily due to an increase in the quoted market price of Brookfield Asset Management common shares and investment valuation gains, partially offset by foreign currency losses. The Partnership generated a net income of $2 million for the quarter ended September 30, 2020 compared to $14 million in the prior year period.The market price of a Brookfield share was $33.06 per share on September 30, 2020 compared to $32.90 per share on June 30, 2020.Consolidated Statements...

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