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Day: April 22, 2021

Backed by strong Economic data, US Stock Market closed higher

The Dow and S&P rallied bagging new all-time highs with the Dow rose above its 34,000 mark. NASDAQ experienced erratic market but continues to consolidate recent gain and ended slightly higher. These were backed up by recent report on better than expected economic data and lower new unemployment claims.Major index futures are also steady above the green line, and the Dow futures leading with a gain of a bit less than 0.50%. S&P futures up by almost 0.40% and NASDAQ futures inched higher by 0.10%. Here’s the key market movement for today’s stock session this Friday afternoon: • The Dow Jones Industrial Average rallied up 164.68 points or 0.48% and ended an all-time high of 34,201.• S&P 500 Index traded higher by 15.05 points or 0.36% at 4,185 which is also their all time high. This movement was backed up by their outperforming...

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German Start-Up ZenInvest.de Launched to Bring Clarity to Investment Industry

Frankfurt, Germany, Release: April 21st 2021. For immediate release ZenInvest.de has launched a brand new website for newcomers looking to make the first steps to start building wealth through various investment platforms. The site offers practical investing basics, money management guides and reviews of roboadvisors in Germany enabling users to make an informed and unbiased choice. More information can be found at: https://zeninvest.de “People are tired of only getting 0.05% interest at a bank. But the challenge is also they are worried about stock market risks, and have a lack the education to make any real change. Zeninvest.de guarantees a ‘nonsense’ approach by offering impartial reviews, based on personal experience, to help you level up your investing knowledge and make the right choices” said the founders. The reviews of the roboadvisors...

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New long-term share-based incentive program

Orphazyme A/SCompany announcement        No. 13/2021Company Registration No. 32266355 Copenhagen, Denmark, April 22, 2021 – Orphazyme A/S [ORPHA.CO (DK); ORPH (US)], a late-stage biopharmaceutical company pioneering the heat shock protein response for the treatment of neurodegenerative rare diseases, has today introduced a new long-term incentive program (the “LTIP”). The LTIP is designed and structured around the concept of retaining members of the Executive Management and other employees of the Group, while also creating an incentive for a positive share price development and corporate performance for the benefit of the Company’s shareholders. The LTIP grants comprise Restricted Share Units (“RSUs”) and Performance Share Units (“PSUs”) which entitle the participants, subject to vesting occurring, to be allocated a number of shares in...

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Major Precious Metals Provides an Update on Upcoming Skaergaard Drilling Program

VANCOUVER, British Columbia, April 22, 2021 (GLOBE NEWSWIRE) — Major Precious Metals Corp. (“Major Precious Metals” or the “Company”) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) is pleased to provide an update on its exploration and drilling plans for this summer on the Skaergaard Project (“Skaergaard”) in eastern Greenland. Charter Ship and Drilling Program Update The Company is now well advanced in planning its summer 2021 exploration and diamond drilling program at Skaergaard including engaging Airland Logistics, a provider of international freight and logistics services based in Denmark to obtain a suitable charter passenger ship and cargo vessel to support its 2021 drilling program. The Company has already reserved a converted icebreaker to be retrofitted to include a helipad, to provide accommodations for field crews, as opposed...

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Zymergen Announces Pricing of Upsized Initial Public Offering

EMERYVILLE, Calif., April 21, 2021 (GLOBE NEWSWIRE) — Zymergen Inc. (“Zymergen”), one of the world’s foremost biofacturing companies, today announced the pricing of its initial public offering of 16,130,000 shares of its common stock at a public offering price of $31.00 per share. In addition, Zymergen has granted the underwriters a 30-day option to purchase up to an additional 2,419,500 shares of its common stock at the initial public offering price, less underwriting discounts and commissions. Zymergen’s common stock is expected to begin trading on the Nasdaq Global Select Market on April 22, 2021 under the ticker symbol “ZY”. The gross proceeds from the offering to Zymergen, before deducting underwriting discounts and commissions and other offering expenses payable by Zymergen, are expected to be approximately $500 million, excluding...

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KnowBe4 Announces Pricing of Initial Public Offering

TAMPA BAY, Fla., April 21, 2021 (GLOBE NEWSWIRE) — KnowBe4, Inc. (“KnowBe4”), provider of the leading security awareness platform, today announced the pricing of its initial public offering of 9,500,000 shares of its Class A common stock at a price to the public of $16.00 per share. KnowBe4 is offering 9,000,000 shares of its Class A common stock, and certain selling stockholders are offering 500,000 shares of KnowBe4’s Class A common stock. In addition, the underwriters of the initial public offering have been granted a 30-day option to purchase up to an additional 1,425,000 shares of Class A common stock from KnowBe4 at the initial public offering price, less underwriting discounts and commissions. KnowBe4 will not receive any proceeds from any sales of shares by the selling stockholders. The shares are expected to...

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Atico Reports Consolidated Financial Results for 2020

(All amounts expressed in US dollars, unless otherwise stated) VANCOUVER, British Columbia, April 21, 2021 (GLOBE NEWSWIRE) —  Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the year ended December 31, 2020, posting income from mining operations of $18.1 million and a net income of $8.4 million. Production for the year at Atico’s El Roble mine totaled 20.6 million pounds (“lbs”) of copper and 10,821 ounces (“oz”) of gold in concentrate at a cash cost(1) of $1.06 per payable pound of copper(2). Fernando E. Ganoza, CEO and Director, commented, “In 2020, operations at the El Roble mine performed within guidance while delivering an impressive all in sustaining cash cost of $1.53 per payable pound of copper produced(1)(2) despite navigating unprecedented challenges...

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NeuroPace, Inc. Announces Pricing of Initial Public Offering

MOUNTAIN VIEW, Calif., April 21, 2021 (GLOBE NEWSWIRE) — NeuroPace, Inc. (Nasdaq: NPCE), a commercial-stage medical device company focused on developing products to treat and transform the lives of patients suffering from epilepsy, today announced the pricing of its initial public offering of 6,000,000 shares of common stock at a public offering price of $17.00 per share. All shares of common stock are being offered by NeuroPace for total gross proceeds of $102 million, before deducting underwriting discounts and commissions and offering expenses. In addition, NeuroPace has granted the underwriters a 30-day option to purchase up to an additional 900,000 shares of common stock at the initial public offering price, less underwriting discounts and commissions. NeuroPace’s common stock is expected to begin trading on the Nasdaq Global...

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Myconic Capital Announces Closing of Mindscape Ketamine & Infusions Therapy Acquisition

VANCOUVER, British Columbia, April 21, 2021 (GLOBE NEWSWIRE) — Myconic Capital Corp. (formerly, Auralite Investments Inc.) (CSE: MEDI) (FRA: MY0) (the “Company” or “Myconic“) is pleased to announce that, further to its press release of March 10, 2021, it has completed the acquisition of all of the issued and outstanding equity of Mindscape Ketamine & Infusions Therapy, PLLC (“Mindscape”) a mental health and pain clinic based in Houston, Texas. As a result, Myconic made a cash payment of US$50,000 and issued 94,292 common shares of Myconic (the “Payment Shares”) to the sole owner of Mindscape. The Payment Shares are subject to a lockup period of twelve months, with one third of the Payment Shares each being released at intervals of four, six, and twelve months following closing. ABOUT MINDSCAPE Mindscape...

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Nevada Copper Provides Operations Update

YERINGTON, Nev., April 21, 2021 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (“Nevada Copper” or the “Company’’) provides a project update for the underground mine at its Pumpkin Hollow project (the “Underground Project”). Performance HighlightsFirst Stopes to Be MinedThe first stope will be mined in the East South Alphabets zone this week. The Alphabets zone is expected to carry copper equivalent grade of approximately 2.5%.Ventilation ExpansionThe electrical upgrades have been completed and the fan bulkhead is in the final stages of construction for installation of the remaining underground ventilation fans. Two additional underground ventilation fans, as previously announced, are on schedule for installation in May, which should enable further increases in underground development rates. The surface...

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