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Day: March 9, 2021

Novartis provides update on Phase III study evaluating canakinumab (ACZ885) as second or third-line treatment in combination with chemotherapy in non-small cell lung cancer

Phase III CANOPY-2 trial did not meet primary endpoint of overall survival in patients with advanced or metastatic non-small cell lung cancer whose cancer progressed while on or after previous treatments1Canakinumab development program continues; two Phase III non-small cell lung cancer clinical trials are ongoing in first-line and adjuvant settings2,3 The CANOPY clinical trial program is designed to help answer critical questions about the role of interleukin-1 beta (IL-1β) in pro-tumor inflammation in lung cancer, with multiple clinical trials investigating canakinumab in different stages of disease using distinct treatment combinations2-5   Basel, March 9, 2021 — Novartis announced today the Phase III CANOPY-2 study evaluating canakinumab (ACZ885), an inhibitor of interleukin-1beta (IL-1β), in combination with the chemotherapy agent...

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JDE Peet’s reports full-year results 2020

H2 back to growth with better underlying momentum Press releaseAmsterdam, 9 March 2021Key items1Pure-play focus and powerful portfolio drove record In-Home organic sales growth of 9.1% in FY 20Total organic sales growth accelerated from -1.1% in H1 to 0.7% in H2, with In-Home at 9.8% and Away-from-Home at -29.8% due to new lockdowns in Q4Progress across all sustainability commitments, with notable increase in share of third-party certified/verified coffee; 87% of packaging designed to be reusable, recyclable or compostableOrganic adjusted EBIT growth of 6.2% to EUR 1,278 million in FY 20Free cash flow of EUR 877 million, after one-off tax and IPO payments of EUR 277 millionLeverage improved to 3.2x, from 4.2x at the end of FY 19Proposal to pay a total cash dividend of EUR 0.70 per share in two equal instalmentsFY 21 outlook: organic sales...

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Mowi ASA (OSE:MOWI): Capital Markets Day 17 March 2021 from 08:00 (CET)

Mowi ASA hereby invites you to our digital Capital Markets Day (“CMD”). Management presentations will be held from 08:00 CET and will include updates on Mowi’s strategy, ambitions and business.The CMD will be held in English through a live webcast. Following the management presentations there will be a Q&A session during which participants will have the opportunity to ask questions.The webcast will be available on http://www.mowi.com/investors/The Q&A session will be conducted through a Teams meeting. Connection details will be available on http://www.mowi.com/investors/A recording of the CMD will be made available on our website immediately afterwards.

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Metallica Metals Engages Geophysical Contractor to Complete Airborne Electromagnetic Survey Over Its Gold-Silver and PGM Properties in the Thunder Bay Mining District

VANCOUVER, British Columbia, March 09, 2021 (GLOBE NEWSWIRE) — Metallica Metals Corp. (CSE: MM) (OTC: MTALF) (FWB: SY7P) (the “Company” or “Metallica Metals”) is pleased to announce that it has engaged Expert Geophysics Limited (“EGL”) of Newmarket, Ontario to complete an airborne Mobile MagnetoTellurics (“MobileMT”) geophysical survey over its exploration properties in the Thunder Bay Mining District, which include the Sammy Ridgeline and Richview Pine PGM projects, and the Starr gold-silver project. The airborne MobileMT survey will acquire approximately 2,557 line-km of geophysical data and commence in April 2021 once the necessary permits are in place and EGL have mobilized to the project areas.Paul Ténière, CEO and Director of Metallica Metals, commented, “The Company is excited to commence exploration work on its gold-silver...

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Hoxton Capital Management surpasses GBP 500 million (USD 691 million) in assets under management

Hoxton Capital Management, an independent financial advisory, is pleased to announce that the network’s assets under management have surpassed GBP 500 million. This marks a significant milestone that comes just before the end of the 3rd year since Hoxton’s inception. Almost 3 years since inception, Hoxton Capital Management is now one of the fastest growing advisories. Hoxton’s determination to continue to uphold their principles of transparency and innovation is a key factor in Hoxton’s success. This milestone shows the remarkable growth the network has seen since its launch. Currently operating from different hubs to reach a varied clientele (UAE, UK, US, Cyprus, and Australia), Hoxton’s success is only starting. Chris Ball, Managing Partner, details “We’re thrilled with this milestone, and grateful to both our team as well as our clients....

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Kinnevik:Material uplift expected in Kinnevik’s valuation of its Cedar investment

Kinnevik AB (publ) (“Kinnevik”) today announced that the company expects a material uplift in the assessed fair value of its investment in Cedar following several positive developments in the company and its market outlook, including a recently agreed funding round.In Kinnevik’s Year-End Release 2020, Kinnevik’s stake in Cedar was valued at SEK 572m. During the last months, Cedar has continued to perform very strongly, achieving multiple all-time highs across its KPIs, and the market outlook has strengthened materially. These developments, in combination with a recently agreed funding round in the company, which has only a minor dilutive effect for Kinnevik, provide reference points for a valuation of Kinnevik’s investment in Cedar that would correspond to a value uplift well in excess of SEK 1.5bn or SEK 5.5 per Kinnevik share.The reassessed...

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Kinnevik:Väsentlig höjning förväntas i Kinneviks värdering av Cedar-investeringen

Kinnevik AB (publ) (“Kinnevik”) meddelade idag att bolaget förväntar sig ett väsentligt lyft i det uppskattade verkliga värdet av sin investering i Cedar till följd av flera positiva utvecklingar i bolaget och dess marknadsutsikter, inklusive en nyligen överenskommen finansieringsrunda.I Kinneviks bokslutskommuniké för 2020 var Kinneviks andel i Cedar värderad till 572 Mkr. De senaste månaderna har Cedar fortsatt att prestera starkt, med väsentligt stärka nyckeltal och marknadsutsikter. Denna utveckling i kombination med bolagets senaste finansieringsrunda, som enbart har en mindre utspädningseffekt för Kinnevik, utgör referenspunkter för en värdering av Kinneviks investering i Cedar vilket skulle motsvara en uppvärdering på över 1,5 Mdkr eller 5,5 kronor per Kinnevik-aktie.Det omvärderade verkliga värdet av Kinneviks investering i Cedar...

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City of Dreams Mediterranean advances to open in Summer 2022

LIMASSOL, Cyprus, March 08, 2021 (GLOBE NEWSWIRE) — City of Dreams Mediterranean, Cyprus’ first integrated resort (IR) and the biggest in Europe and the wider region, is advancing well towards completion. Construction is progressing smoothly, with the IR being set to open in Summer 2022.The development of the project is now available for viewing through impressive aerial drone footage produced by City of Dreams Mediterranean. The video offers an overview of the IR’s exterior and surroundings, reflecting the rapid advancement of the main construction, along with renderings of the project upon completion.https://youtu.be/0osDljE6HsMUpon completion, the pioneering project, located in Limassol, will become Europe’s largest and premier IR. It will feature a sixteen-storey, five-star hotel with more than 500 luxury guest rooms and suites,...

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Cameco Sells Shares of UEX Corporation

SASKATOON, Saskatchewan, March 08, 2021 (GLOBE NEWSWIRE) — Cameco (TSX: CCO; NYSE: CCJ) announced that it has disposed of an aggregate of 5 million common shares in the capital of UEX Corporation (UEX) at a price of approximately $0.30 per common share for aggregate proceeds of $1,501,500. Cameco disposed of the securities pursuant to a series of trades completed today through the facilities of various stock exchanges. The 5 million common shares disposed of by Cameco represent approximately 1.1% of the current issued and outstanding common shares of UEX on a non-diluted basis.This transaction is not material to Cameco. However, since we held over 10% of the outstanding share capital in UEX prior to the disposition, reporting obligations under Canadian securities law require that we issue this news release and subsequently file...

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Join NioBay at the 2021 PDAC Virtual Conference

MONTREAL, March 08, 2021 (GLOBE NEWSWIRE) — NioBay Metals Inc. (“NioBay” or the “Company”) (TSX-V:NBY, OTCQB:NBYCF) is pleased to welcome you to join us at the 2021 PDAC Virtual Conference from March 8-11, 2021. The NioBay booth is 5122 in the Investors Exchange.We look forward to speaking to you about:The positive Preliminary Economic Assessment of our James Bay Niobium Project.http://niobaymetals.com/wp/en/niobay-files-positive-james-bay-niobium-pea/The exciting use of niobium.https://niobium.tech/The potential explosive growth of the niobium market to supply the battery of the future demand.https://www.global.toshiba/ww/products-solutions/battery/scib/next/nto.htmlClaude Dufresne, President and CEO will be speaking as part of the Ontario Ministry of Energy Northern Development and Mining Booth on Critical Metals on Wednesday...

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