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Day: August 9, 2021

Lightbridge Provides Business Update and Announces Second Quarter 2021 Financial Results

Conference Call on Monday, August 9, 2021, at 4pm ET RESTON, Va., Aug. 09, 2021 (GLOBE NEWSWIRE) — Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, announced financial results for the second quarter ended June 30, 2021, and provided an update on the Company’s continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “We are pleased with the strong progress of our fuel development activities thus far in 2021, including the successful demonstration of our proprietary coextrusion manufacturing process. We produced rods of a length designed for small modular reactors, using nuclear-grade zirconium alloy cladding material and a displacer produced from nuclear-grade zirconium, and surrogate materials that mimic the relevant properties of uranium.” “Lightbridge...

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Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Midland Basin Acquisition

MIDLAND, Texas, Aug. 09, 2021 (GLOBE NEWSWIRE) — Viper Energy Partners LP (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced it has entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interests from Swallowtail Royalties LLC and Swallowtail Royalties II LLC (collectively, “Swallowtail” or the “Seller”) in exchange for 15.25 million units of Viper common stock and $225 million of cash, subject to customary adjustments. The cash portion of this transaction is expected to be funded through a combination of cash on hand and borrowings under the Company’s credit facility. ACQUISITION OVERVIEW2,302 net royalty acres primarily in the Northern Midland Basin; roughly 65% of acreage is operated by Diamondback Expected...

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FIRST OPERATIONAL MONTH OF PLAY A SUCCESS

Highest on-time performance of all airlines from Keflavik Iceland in July   Load factor was 41.7%   New pandemic restrictions negatively impacted travel trend in July July was the first operational month for PLAY and, as such, was a success.  PLAY’s main objective was to begin operation in a safe and trustworthy manner while focusing on the satisfaction of passengers. A key indicator of that success is the fact that PLAY had the highest on-time performance of all airlines operating to and from Keflavik Iceland in July, with 96.2% of all PLAY flights arriving on schedule.     PLAY received three A321 neo aircraft this summer following a very efficient and professional effort from its technical and operations teams. These aircraft will come into operation in line with the market demand while utilizing very favorable leasing terms that...

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Immunovant Reports Financial Results for the Quarter Ended June 30, 2021

Company Ended the Quarter With Cash of Approximately $379 Million and Subsequently Received a Direct Investment of $200 Million from Roivant NEW YORK, Aug. 09, 2021 (GLOBE NEWSWIRE) — Immunovant, Inc. (Nasdaq: IMVT), a clinical-stage biopharmaceutical company focused on enabling normal lives for people with autoimmune diseases, today reported financial results for its fiscal first quarter ended June 30, 2021. Immunovant ended the quarter with approximately $379 million in cash. “We are excited to announce that in July 2021, the FDA granted Orphan Drug Designation to IMVT-1401 for treatment of Myasthenia Gravis,” said Pete Salzmann, M.D., Chief Executive Officer of Immunovant. “We have also initiated engagement with the FDA’s Division of Neurology to discuss protocol modifications for a pivotal study in Myasthenia Gravis and our...

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Lottery.com and Coinstar Join Forces to Market Lottery Games Across the U.S.

Coinstar to join Lottery.com’s Affiliate Program AUSTIN, Texas and BELLEVUE, Wash., Aug. 09, 2021 (GLOBE NEWSWIRE) — AutoLotto, Inc. (“Lottery.com”), a leading technology company that is transforming how, where and when the lottery is played, today announced that Coinstar, LLC (“Coinstar”®), a global leader in self-service coin counting, is joining Lottery.com’s affiliate program.  Through its agreement with Lottery.com, Coinstar will market and promote Lottery.com products in California, Texas, Pennsylvania, Michigan and other U.S. jurisdictions where Lottery.com currently offers its services by utilizing its network of 4,450 interactive kiosks in these areas, including ones equipped with adPlanet™ lead generation technology. The addition of Coinstar will expand Lottery.com’s existing affiliate program, which includes leading...

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Glucose Health, Inc. Reports Fiscal 2021 YTD Revenue Up 123% and New Amazon Sales Record

BENTONVILLE, AR, Aug. 09, 2021 (GLOBE NEWSWIRE) — Glucose Health, Inc. (OTC Pink: GLUC) (“Company”) is pleased to highlight key financial information detailed in its June 30, 2021 Quarterly Report, posted this morning at OTCMarkets.com.YTD Fiscal 2021 Revenue of $524,568 vs. $234,752 for YTD Fiscal 2020 – an increase of 123% Q2 Fiscal 2021 Revenue of $287,103 vs. $151,139 for Q2 Fiscal 2020 – an increase of 89% YTD Fiscal 2021 Gross Profit of $217,794 vs. $96,886 for YTD Fiscal 2020 – an increase of 125% Q2 Fiscal 2021 Gross Profit of $102,923 vs. $69,906 for YTD Fiscal 2020 – an increase of 47%GLUCODOWN® sales at Amazon for April 2021, the first month of Q2, reached a new monthly record of $74,944, beating the previous monthly sales record of $38,595 announced by the Company for June 2020, by 94%. Important:  Additional...

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Syneos Health Reports Second Quarter 2021 Results

HighlightsSecond quarter revenue of $1,282.6 million, increased 6.1% sequentially and 26.6% year-over-year. Clinical Solutions net new business awards of $1,436.2 million for the second quarter, representing year-over-year growth of 21.2% and a book-to-bill ratio of 1.45x, and $4,971.5 million for the trailing twelve months, representing year-over-year growth of 8.2% and a book-to-bill ratio of 1.37x. Commercial Solutions net new business awards of $273.6 million for the second quarter, representing year-over-year growth of 55.3% and a book-to-bill ratio of 0.94x, and $1,257.4 million for the trailing twelve months, representing year-over-year growth of 4.8% and a book-to-bill ratio of 1.14x. Year-over-year ending backlog growth of 21.5% in Clinical Solutions and 17.8% in Deployment Solutions as of June 30, 2021. GAAP net income of $41.9...

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Report 2021, Eyewear Market Size | Is Projected to Reach USD 178.95 Billion by 2026 with 5.7% CAGR

Eyewear Market Key Players Studied in this Report are Alcon (Part of Novartis AG), EssilorLuxottica, CooperVision, Johnson & Johnson Services, Inc Bausch Health Companies Inc., Carl Zeiss, Fielmann AG, Safilo Group S.p.A. Pune, India, Aug. 09, 2021 (GLOBE NEWSWIRE) — According to the report, Eyewear market size is projected to reach USD 178.95 Billion by 2026. Eyewear Market was worth USD 115.90 billion in 2019 and will exhibit a CAGR of 5.7% during the forecast period. Eyewear Market to Reach USD 178.95 Billion by 2026; Introduction of Carl Zeiss’ UVProtect to Drive Market Growth. Collaboration of TerraCycle and CooperVision for Contact Lens’ Recycling Program to Bolster Business. Based on product type, the global market is divided into spectacles, sunglasses, and contact lenses. The spectacles segment is further classified...

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An Affiliate of Sun Capital Partners, Inc. to Acquire Select Interior Concepts for $411 Million

Shareholders to receive $14.50 per share in an all-cash transaction providing attractive valuation Select Interior Concepts to become privately owned company as part of Sun Capital’s portfolio Q2 2021 earnings call previously scheduled for August 9, 2021 cancelledATLANTA, Aug. 09, 2021 (GLOBE NEWSWIRE) — Select Interior Concepts, Inc. (NASDAQ: SIC), a premier distributor of interior building products, today announced that it has entered into a definitive agreement under which an affiliate of Sun Capital Partners, Inc. (“Sun Capital”) will acquire Select Interior Concepts (“SIC”) for approximately $411 million in an all-cash transaction (the “Merger Transaction”). Under the terms of the agreement, each share of SIC common stock issued and outstanding immediately prior to the closing of the transaction will be entitled to receive...

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Barrick Announces Second $250 Million ($0.14 per share¹) Return of Capital Tranche in Addition to a $0.09 Per Share Quarterly Dividend

All amounts expressed in US dollars TORONTO, Aug. 09, 2021 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced that the second $250 million tranche (approximately $0.14 per share1) of the return of capital distribution totalling $750 million will be paid on September 15, 2021 to shareholders of record at the close of business on August 31, 2021. This will complement the $0.09 per share dividend declared by the Barrick Board of Directors for the second quarter, which will also be paid on September 15, 2021 to shareholders of record at the close of business on August 31, 2021.2 This follows the approval by shareholders at Barrick’s Annual and Special Meeting on May 4, 2021 of the total $750 million return of capital distribution. After payment of the first $250 million tranche on June 15, 2021 and the...

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