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Day: June 9, 2021

Canada’s largest oil sands producers announce unprecedented alliance to achieve net zero greenhouse gas emissions

Cenovus EnergyCenovus EnergyCanadian Natural Resources LimitedCanadian Natural Resources LimitedImperialImperialMEG EnergyMEG EnergySuncor EnergySuncor EnergyCALGARY, Alberta, June 09, 2021 (GLOBE NEWSWIRE) — Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy formally announced today the Oil Sands Pathways to Net Zero initiative. These companies operate approximately 90% of Canada’s oil sands production. The goal of this unique alliance, working collectively with the federal and Alberta governments, is to achieve net zero greenhouse gas (GHG) emissions from oil sands operations by 2050 to help Canada meet its climate goals, including its Paris Agreement commitments and 2050 net zero aspirations.This collaborative...

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Canada’s largest oil sands producers announce unprecedented alliance to achieve net zero greenhouse gas emissions

Oil Sands Pathways to Net ZeroOil Sands Pathways to Net ZeroSuncor EnergySuncor EnergyCanadian NaturalCanadian NaturalCenovus EnergyCenovus EnergyImperialImperialMEG EnergyMEG EnergyCALGARY, Alberta, June 09, 2021 (GLOBE NEWSWIRE) — Canadian Natural Resources, Cenovus Energy, Imperial, MEG Energy and Suncor Energy formally announced today the Oil Sands Pathways to Net Zero initiative. These companies operate approximately 90% of Canada’s oil sands production. The goal of this unique alliance, working collectively with the federal and Alberta governments, is to achieve net zero greenhouse gas (GHG) emissions from oil sands operations by 2050 to help Canada meet its climate goals, including its Paris Agreement commitments and 2050...

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Positive Updated Metallurgical Test Work at the Buckreef Gold Project

Diamond Drill Hole TableDiamond Drill Hole TableSample FlowsheetSample FlowsheetTORONTO, June 09, 2021 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) (operating through its wholly owned subsidiary in Tanzania) and its joint venture partner, The State Mining Company (STAMICO), announces that it has received updated and highly favourable metallurgical test results from the sulphide component of the Buckreef Gold Mine (Buckreef Gold) mineral resource. As previously disclosed, SGS Canada Inc. (SGS) was retained to complete initial metallurgical test work at their Lakefield, Ontario facility on the sulphide component of the mineral resource, this work is now complete. As part of the study, three diamond core samples taken from the fresh rock (‘sulphide’...

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HEXO Corp wins dismissal of NY state court shareholder class action

OTTAWA, June 09, 2021 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO”, or the “Company”) (TSX: HEXO; NYSE: HEXO) announced today that it has won a dismissal of the securities class action pending in the Commercial Division of the Supreme Court of the State of New York, New York County. As previously disclosed, HEXO and certain of its current and former officers and directors were named in shareholder class action lawsuits filed in the Southern District of New York; the Commercial Division of the Supreme Court for the State of New York, New York County; and the Province of Quebec. The suits alleged that HEXO made material misstatements and omitted material information in its prior disclosures to investors regarding various issues, including but not limited to its estimated sales revenues during Q4 2019 and fiscal year 2020, its supply agreement...

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ICG : Vesting of Share Awards/Notification of Transactions of Directors

Intermediate Capital Group plc (the “Company”) 9 June 2021 Vesting of Share Awards/Notification of Transactions of Directors The Company wishes to announce that the following ordinary shares of the Company vested under the terms of awards granted under the Intermediate Capital Group Omnibus Plan to directors. BENOIT DURTESTE On 8 June 2021, the following number of ordinary shares of the Company vested under the terms of PLC Equity Awards made to Benoit Durteste under the Intermediate Capital Group Omnibus Plan: Dates of Grant:                 24 May 2016, 25 May 2017 and 22 May 2018 Aggregate Number of Shares Vested:      364,190 In accordance with the terms of the awards, the number above includes additional shares equivalent in value to the dividends payable on the vested shares between the date of award and the date of their transfer...

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Electric Bus Market to Reach 544 Thousand Units by 2028; Increasing Government Norms to Reduce Emissions in Atmosphere will Aid Growth: Fortune Business Insights™

Top Players Covered in the Electric Bus Market Research Report are BYD Co., Ltd (Shenzhen, China), Proterra, Inc. (Burlingame, California, United States), AB Volvo (Gothenburg, Sweden), New Flyer Industries (Winnipeg, Canada), Daimler AG (Stuttgart, Germany), Scania AB (Södertälje, Sweden), Iveco (Turin, Italy) and other key market players Pune, India, June 09, 2021 (GLOBE NEWSWIRE) — The global electric bus market is set to gain impetus from the surging fuel costs and higher usage of unrefined petroleum. These have further propelled the adoption of electricity to develop environmentally friendly buses. In April 2021, for instance, the Cherokee Nation introduced its first eco-friendly electric buses for transporting tribal citizens and employees to tribal health centers and workplaces. This information is given by Fortune Business...

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Ascendant Resources Begins Preliminary Economic Assessment Combining the North and South Zones at Its Lagoa Salgada VMS Project in Portugal

Table 1: Lagoa Salgada Resources (North and South Zones)Table 1: Lagoa Salgada Resources (North and South Zones)New 43-101 Resource followed by results from PFS level metallurgical testing expected to be issued in the near term New PEA expected by end of July 2021, to show increased scale and economic potential versus PEA published in December 2019TORONTO, June 09, 2021 (GLOBE NEWSWIRE) — Ascendant Resources Inc. (TSX: ASND) (FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce that it has engaged to undertake the new NI 43-101 Preliminary Economic Assessment (“PEA”) for its Lagoa Salgada VMS project in Portugal. Both Quadrante and IGAN have extensive experience on the Iberian Pyrite Belt, The PEA will be designed to look at a combined mining operation encompassing the mineralization...

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UPS Announces Strategic Priorities, Three-Year Financial Targets And New ESG Targets

ATLANTA, June 09, 2021 (GLOBE NEWSWIRE) — UPS (NYSE:UPS) will host its investor and analyst conference today beginning at 9:00 a.m. EDT. The virtual event will be available in its entirety through a live webcast and replay at investors.ups.com. The company will highlight priorities for its Customer First, People Led, Innovation Driven strategy; discuss targeted areas of growth including small and medium-sized businesses, healthcare and international; provide 2023 financial targets; and discuss newly established ESG targets.Customer First:  The company’s Customer First strategy strives to provide the best digital experience powered by its global smart logistics network. The company will showcase the actions it is taking to make it simpler and more helpful to do business with UPS. Customer First focuses on removing friction when...

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SPX Announces Agreement to Sell SPX Transformer Solutions to GE-Prolec Transformers

Transaction Expected to Close in the Second Half of 2021;Updating Full-Year 2021 Guidance for Transaction;Management to Host Call at 8:30 am ET Today CHARLOTTE, N.C., June 09, 2021 (GLOBE NEWSWIRE) — SPX Corporation (“SPX”) announced today that it has entered into a binding agreement to sell 100% of the issued and outstanding stock of its wholly-owned subsidiary, SPX Transformer Solutions, Inc., to GE-Prolec Transformers, Inc. (together with its affiliates, “Prolec GE”), a subsidiary of a joint venture between GE (NYSE: GE) and Xignux S.A. de C.V. for a cash purchase price of $645 million. SPX anticipates that after taxes on a gain from the sale, net proceeds will be approximately $540 million. The purchase price is subject to customary net working capital and similar adjustments at closing. The transaction is anticipated to close...

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Loyalty Management Market Worth $10.02 Billion at 19.9% CAGR; Top Market Companies Such as Capillary and IBM to Focus on Developing Advanced Loyalty Solutions: Fortune Business Insights™

Key companies covered in the Loyalty Management Market Research report include VeriPark, Target Brands, Inc., Oracle Corporation, Kobie, IBM Corporation, Comarch SA, Bond Brand Loyalty, Antavo, TIBCO Software, Inc., Salesforce.com, Inc., Maritz Motivation, Inc., ICF International, Inc., Epsilon Data Management, LLC., Capillary Technologies, Blue Ocean Contact Centers, Inc., Aimia, Inc. Pune, India, June 09, 2021 (GLOBE NEWSWIRE) — The global loyalty management market size is projected to reach USD 10.02 billion by 2027, exhibiting a CAGR of 19.9% during the forecast period. Rising importance of loyalty management during the current COVID-19 pandemic will be a crucial factor driving the market growth, states Fortune Business Insights™ in its report, titled “Loyalty Management Market Size, Share and Covid-19 Impact Analysis, By Type...

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