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Month: May 2021

EarthRenew Signs Letter of Intent With K+S Potash for Potential Increase in Regenerative Fertilizer Manufacturing Capacity

TORONTO, May 18, 2021 (GLOBE NEWSWIRE) — EarthRenew Inc. (CSE: ERTH; OTCQB: VVIVF; Frankfurt: WIMN) (“EarthRenew” or the “Company”), a Canadian company focused on regenerative agriculture solutions, announced it has signed a non-binding letter of intent (“LOI ”) to lease approximately 15 acres of land from K+S Potash Canada General Partnership (“K+S Potash”, or “KSPC”) near its existing Bethune, Saskatchewan potash mine and processing plant (the “Leased Land”), on which the Company wishes to construct a new fertilizer manufacturing facility (the “Facility”). If constructed, the Company projects that the Facility will have the capacity to produce up to 100,000 tonnes of granulated regenerative and organic fertilizer product. Once produced, management expects to price these fertilizer products in a range that follows published commodity...

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Battery Energy Storage Market to Hit USD 19.74 Billion by 2027; Increasing Adoption of Electrical Energy to Augment Growth: Fortune Business Insights™

Key Companies Covered in Battery Energy Storage Market Research Report are Hitachi Chemical Co., Ltd., LG Chem, GE Renewable Energy, Eve Energy Co. Ltd., Siemens Energy, ABB, Kokam, VRB Energy, Black & Veatch, EVE Energy, Total. Pune, India, May 18, 2021 (GLOBE NEWSWIRE) — The global battery energy storage market size is expected to gain momentum by reaching USD 19.74 billion by 2027 while exhibiting a stellar CAGR of 20.4 % between 2020 to 2027. In its report titled “Battery Energy Storage Market, 2020-2027.”Fortune Business Insight mentions that the market stood at USD 7.06 billion in 2019. The involvement of private organizations to incorporate advanced electrochemical technologies in combating the climate crisis is expected to propel market growth. For instance, the German government plans to expand the country’s wind...

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Nokia to help transform PLDT and Smart’s nationwide network and standardize virtualization environment

Press Release Nokia to help transform PLDT and Smart’s nationwide network and standardize virtualization environmentNokia to deploy end-to-end service orchestration and assurance solutions across PLDT and Smart’s nationwide network As part of the agreement, Nokia to standardize PLDT and Smart’s Network Function Virtualization Infrastructure across the Philippines18 May 2021 Espoo, Finland – Nokia today announced it will supply its Digital Operations software, cloud infrastructure software and AirFrame servers to enhance the nationwide network of PLDT, the Philippines’ largest, fully integrated telecommunications company, and its wireless unit Smart Communications (Smart). The suite of solutions will also standardize PLDT and Smart’s virtualization environment for multi-vendor applications. The deployment, which is already underway,...

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ThreeD Capital Inc. Releases Results For the Three and Nine Months Ended March 31, 2021

TORONTO, May 17, 2021 (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 unaudited results as at and for the three and nine months ended March 31, 2021. As at March 31, 2021, the Company had cash, investments and digital assets of $61.0 million. As at March 31, 2021, net asset value per share was $1.24 as compared to $0.41 as at June 30, 2020. (See “Use of Non-GAAP Financial Measures” elsewhere) Financial Highlights for the three and nine months ending March 31, 2021 with comparatives:  Three months ended March 31, Nine months ended March 31,Operating Results   2021     2020     2021     2020  Net investment and digital assets gains (losses) $ ...

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Nevada Copper Provides Operations Update; Announces Filing of Q1 2021 Financial Statements and MD&A

YERINGTON, Nev., May 17, 2021 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (“Nevada Copper” or the “Company”) today provided an operations update and announces filing of its Q1 2021 Financial Statements and the related management’s discussion and analysis. Q1 2021 Highlights OperationsMining of First Stope: The Company successfully initiated stope mining in Q1 with the first stoping area carrying an average grade of 2.5% CuEq. Lateral development continued to ramp-up in the quarter at the Company’s underground mine at its Pumpkin Hollow project (the “Underground Mine”). As previously announced, development progress has been temporarily slowed in the past few weeks due to cautious progress through a water bearing dike with completion expected in the coming weeks. Mine Hoisting: Following completion of the Main...

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Parex Provides Production Update Related to Colombian Blockades

CALGARY, Alberta, May 17, 2021 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT) is a company headquartered in Calgary that focuses on sustainable, profitable, conventional oil and gas production. Production Guidance Revised Due to Transportation Blockades A series of protests across Colombia during May 2021 have resulted in transportation blockades that have restricted the production and marketing of Parex’ crude oil. Additionally, the transportation blockades impeded the supply of materials required for capital expenditure activities, including drilling and completions. The blockades were not directly related to Parex’ activities or those of its industry partners. Parex net production over the past week has averaged approximately 31,000 boe/d, with current production approximately 40,000 boe/d. Going...

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Centerra Gold Announces Restrictions on Shares Held by Kyrgyzaltyn JSC

TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that, as a result of the recent events in the Kyrgyz Republic, Kyrgyzaltyn JSC, together with its affiliates, are prohibited from transferring or encumbering any common shares of the Company (“Centerra shares”) or exercising any voting rights attached to Centerra shares. In addition, dividends or distributions on Centerra shares that would otherwise be payable to Kyrgyzaltyn or its affiliates will be donated to the Company to the extent such dividends or distributions can be attributed reasonably to Kumtor Gold Company (“KGC”) (or its assets or operations) or distributions from KGC. Kyrgyzaltyn JSC and its affiliates are also not entitled to any dissent rights in respect of their Centerra shares should...

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Quhuo Files Annual Report on Form 20-F for Fiscal Year 2020

BEIJING, May 17, 2021 (GLOBE NEWSWIRE) — Quhuo Limited (NASDAQ: QH) (the “Company”), a leading tech-enabled workforce operational solution platform in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the U.S. Securities and Exchange Commission (the “SEC”) on May 17, 2021. The annual report on Form 20-F can be accessed on the Company’s investor relations website at https://ir.quhuo.cn/ and the SEC’s website at http://www.sec.gov. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s Investor Relations Department at ir@meishisong.cn. ABOUT QUHUO LIMITED Quhuo Limited...

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Bitfarms Announces CAD$75.0 Million Private Placement with U.S. Institutional Investors

TORONTO, Ontario and BROSSARD, Québec, May 17, 2021 (GLOBE NEWSWIRE) — Bitfarms Ltd. (“Bitfarms”, or the “Company”) (TSXV: BITF // OTC:BFARF) announces it has entered into subscription agreements with certain institutional investors for gross proceeds of approximately CAD$75.0 million in a private placement in the United States, comprised of 14,150,944 common shares at CAD$5.30 per common share along with warrants to purchase an aggregate of up to 10,613,208 common shares. The warrants have an exercise price of USD$4.87 per common share and exercise period of three years. The net proceeds of the private placement will be used by the Company mainly to acquire additional miners, expand infrastructure, and improve its working capital position, in support of its plans to more than triple its hashrate in 2021 to 3.0 EH/s, then grow...

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CytoDyn to Hold Webcast on May 18 to Discuss FDA’s Statement on Leronlimab

VANCOUVER, Washington, May 17, 2021 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing Vyrologix™ (leronlimab-PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today Nader Pourhassan, Ph.D., President and Chief Executive Officer, Scott Kelly, M.D., Chairman and Chief Medical Officer and Chris Recknor, M.D., Chief Operating Officer will host an investment community webcast on Tuesday, May 18, 2021. Management will provide an update on ongoing work with the United States FDA and other regulatory agencies on using sub-population data to ensure future adequate trial design, in order to continue to further its clinical development of leronlimab in the treatment of patients with COVID-19. As indicated by the FDA...

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