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Day: June 15, 2021

Gran Colombia Publishes Inaugural ESG Report; Announces May 2021 Production; Declares Monthly Dividend to be Paid on July 15, 2021

TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it has published its inaugural ESG report entitled “2020 Sustainability Report” which is available on its website at www.grancolombiagold.com. Lombardo Paredes, Chief Executive Officer of Gran Colombia, said, “As we reflect on 2020 in our inaugural Corporate Sustainability Report, I feel immense pride and gratitude when thinking about our journey and all that we have achieved in our 10 years of operating in the region of Antioquia, Colombia. With 90% of our workforce from the region and by generating a little over 4,000 jobs, we have become tied to the community. Our community investments are focused on improving the lives of our workers, their families and local suppliers, as well as others who are not affiliated with...

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Lands’ End Announces Participation in the Jefferies Virtual Consumer Conference

DODGEVILLE, Wis., June 15, 2021 (GLOBE NEWSWIRE) — Lands’ End, Inc. (NASDAQ: LE) today announced that the Company will be participating in the Jefferies Virtual Consumer Conference on Tuesday, June 22, 2021 with a fireside chat presentation at 8:35 AM Eastern Time. The audio portion of the fireside chat presentation will be webcast live over the internet and can be accessed on the investor relations section of its website at http://investors.landsend.com. An online archive will be available for a period of 90 days following the presentation. About Lands’ End, Inc. Lands’ End, Inc. (NASDAQ:LE) is a leading uni-channel retailer of casual clothing, accessories, footwear and home products. Operating out of America’s heartland, we believe our vision and values make a strong connection with our core customers. We offer products...

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Wallbridge Enhances Board of Directors with the Addition of Danielle Giovenazzo

TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge” or the “Company”) today announced the appointment of Ms. Danielle Giovenazzo, Ph.D, P.Geo, as a Director of the Company. Based in Montreal, Quebec, Ms. Giovenazzo has over 35 years’ experience in exploration, principally for gold, Ni-Cu-PGEs, base metals and rare earth elements. In addition to her expertise in mineral exploration in Canada and internationally with a range of companies including Newmont-Goldcorp, Falconbridge and Xstrata Nickel, Ms. Giovenazzo brings significant management, project management, project generation and board experience to Wallbridge. Most recently, Ms. Giovenazzo was an independent director of SOQUEM, a subsidiary of Ressources Québec and leader in Quebec’s mineral exploration industry. “Danielle’s expertise...

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Brookmount Explorations Announces Definitive Agreement to Acquire Canadian Based Gold Project

Reno, Nevada, June 15, 2021 (GLOBE NEWSWIRE) — Brookmount Explorations, Inc. (OTC Pink: BMXI) (“Brookmount”) is pleased to announce that it has entered into a binding agreement with Gennex Gold Corp. pursuant to which Gennex Gold will sell to Brookmount its entire interest in the Moosehorn Gold Project in Yukon, Canada, situated approximately 20km south of the Trans Alaska Highway, near Dawson City. The project covers approximately 6,000 hectares, and includes an accommodation camp, airstrip, fuel depot and a comprehensive inventory of heavy equipment including excavators, diggers, ore trucks and a large ball mill. The acquisition also includes all relevant and exploration and production related licenses and permits. Existing gold reserves have been partially surveyed under 43-101 requirements, resulting in an initial estimated...

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Sage Therapeutics and Biogen Announce Positive Pivotal Phase 3 Results for Zuranolone, an Investigational Two-Week, Once-Daily Therapeutic Being Evaluated for Major Depressive Disorder

At the Day 15 primary endpoint, zuranolone 50 mg showed a statistically significant and clinically meaningful reduction in depressive symptoms as measured by HAMD-17 (p=0.0141) compared to placebo Rapid onset of treatment effect was seen in HAMD-17 results at Days 3, 8, and 12 Patients with a response at Day 15 to zuranolone retained on average 86% of their HAMD-17 improvement at Day 42 (4 weeks after dosing ended) Zuranolone was generally well-tolerated and demonstrated a safety profile consistent with previous clinical studies; trial completion rate was 90.3% in the zuranolone group Zuranolone is an investigational two-week, once-daily oral drug for MDD that represents a potential new class of drug for the management of this common but serious mental health disorderCAMBRIDGE, Mass., June 15, 2021 (GLOBE NEWSWIRE) — Sage Therapeutics,...

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Alamos Gold Reports Best Hole Drilled to Date at Island Gold (71.21 g/t Au (39.24 g/t cut) over 21.33 m true width), Extending High-Grade Gold Mineralization Down-Plunge from Existing Mineral Resources

Figure 1: Island Gold Mine LongitudinalFigure 1: Island Gold Mine LongitudinalFigure 2: Island Gold Mine Main and East Areas – Surface and Underground Directional Drilling ResultsFigure 2: Island Gold Mine Main and East Areas – Surface and Underground Directional Drilling ResultsTORONTO, June 15, 2021 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from surface and underground exploration drilling at the Island Gold mine, further extending high-grade gold mineralization in Island East and West. All reported drill widths are true width of the mineralized zones, unless otherwise stated.Island East: high-grade gold mineralization extended 20 metres (“m”) east from the nearest Inferred Mineral Resource block, over significantly...

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CN and KCS Affirm Financial Strength of KCS and Rights Under Merger Agreement to Invest in KCS Network

Companies have submitted financial documentation requested by STB in support of request for STB approval of voting trust CN and KCS one step closer to creating the premier railway for the 21st century Verified statement by KCS CFO Michael Upchurch emphasizes that financial strength and viability of KCS will be preserved during voting trust period MONTREAL and KANSAS CITY, Mo., June 15, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR, NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that they have jointly filed with the Surface Transportation Board (“STB”) certain documents requested by the STB in its June 8, 2021, Decision in STB Finance Docket No. 36514 to enable the STB to review the voting trust in connection with the definitive Merger Agreement between CN and KCS. These documents include:Written opinions of the...

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Auriant Mining AB (publ.) announces further improvement of its financing terms with VTB

The Board of Directors of Auriant Mining AB (publ.) (the “Company”) announces that the Company has successfully negotiated further improvements to the terms of its loan facility with VTB. Reflecting the Company’s good performance in 2020 and early 2021, VTB has agreed to reduce the interest rate to 3 months LIBOR plus 3.7%.  This represents a saving of 100bps.  The reduction comes with no breakage fee. Also, the cancellation of a compulsory “cash sweep” clause in the loan agreement will result in a stronger liquidity position and pave the way for sustainable growth of the Company’s resource base and production. Danilo Lange, Chief Executive Officer of Auriant Mining said: “VTB is an important strategic partner of Auriant and has been a big supporter of the Company’s development to date.  The Company looks forward to continuing to work...

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Duke Airborne, UAS Drone Corp. subsidiary, Awarded U.S. Patent for its Robotic Stabilization System

Fort Lauderdale, Florida , June 15, 2021 (GLOBE NEWSWIRE) — UAS Drone Corp. (OTCQB: USDR), a leader in robotics technology and drone solutions, announced that Duke Airborne Systems Ltd., its wholly owned Israeli subsidiary, has received a notice of allowance from the U.S. Patent and Trademark Office for a patent titled “Stabilization System” with regard to its stabilization technology incorporated in its advanced robotic system. “The awarded patent demonstrates our commitment to developing our proprietary technology which we believe will have a significant impact on the combat field,” said Yossef Balucka, Chief Executive Officer of UAS Drone Corp. “We are pleased with the development of our stabilization and robotic technology to date and will continue to develop our proprietary stabilization technology for innovative applications...

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WashREIT Accelerates Transformation Into Multifamily REIT With Agreement to Sell Office Portfolio

Providing significant capital to deploy into growing multifamily portfolioPlanning expanded geographic focus into the Southeast WASHINGTON, June 15, 2021 (GLOBE NEWSWIRE) — WashREIT (NYSE: WRE) (“WashREIT” or the “Company”), as part of its multi-year strategic transformation into a multifamily REIT, announced today that it has entered into a definitive agreement to sell substantially all its office portfolio to a Brookfield Asset Management private real estate fund for an aggregate purchase price of $766 million. This office portfolio sale consists of twelve office assets, comprising 2,371,000 square feet, located in the Washington, DC metro area. The transaction is expected to close in the third quarter of 2021, subject to the satisfaction of customary closing conditions. The Company has also signed a letter of intent to sell...

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