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Day: August 23, 2021

K92 Mining Announces Maiden Judd 1265 Level Development Results – 83 Metre Strike Averaged 16.48 g/t AuEq at 3.5 Metre J1 Vein Width

Figure 1Location Map of the Judd Vein System, 1235 and 1265 Level, Surrounding Veins and InfrastructureFigure 2Judd Vein System long-section including Judd Vein interpretations (“Interps”) based on sparse drillingFigure 3Plan view of the Judd Vein #1 1265 Level underground channel sampling with latest results (face 1 to 23) highlights annotated.Figure 4Underground photo of Face 23 (3.6m thickness at 27.65 g/t AuEq or 25.92 g/t Au, 0.85% Cu and 40 g/t Ag) at Judd #1 Vein 1265 Level with John Lewins, K92 Chief Executive Officer and DirectorThe first Judd Vein #1 (“J1 Vein”) 1265 Level development results to date have recorded significant high-grade mineralization, with a strike length of over 83 metres and average vein thickness of 3.5 metres at 16.48 g/t gold equivalent...

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Smart Share Global Limited Announces Second Quarter 2021 Results

Revenues increased 52.9% year-over-year for the second quarter of 2021Number of POIs1 reached 771 thousand as of the end of the second quarter of 2021 SHANGHAI, China, Aug. 23, 2021 (GLOBE NEWSWIRE) — Smart Share Global Limited (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended June 30, 2021. HIGHLIGHTS FOR THE SECOND QUARTER OF 2021Revenues for the second quarter of 2021 were RMB972.4 million (US$150.6 million2), an increase of 52.9% from the second quarter of 2020. As of June 30, 2021, our services were available in 771 thousand POIs, compared with 716 thousand as of March 31, 2021. As of June 30, 2021, our available-for-use power banks3 were 6.0 million, compared with 5.6 million as of March 31, 2021. As...

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Internet of Things (IoT) Market to Exhibit 25.4% CAGR till 2028; Critical Need to Virtually Monitor Operations to Boost Growth: Fortune Business Insights™

Top companies in the global internet of things market are Amazon.com Inc., AT&T Inc., Bosch Software Innovations GmbH, Cisco Systems, Inc., IBM Corporation, Intel Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, Siemens AG Pune, India, Aug. 23, 2021 (GLOBE NEWSWIRE) — The global Internet of Things market is expected to reach USD 1,854.76 billion by 2028, exhibiting a CAGR of 25.4% during the forecast period. The market is expected to gain impetus from the rising adoption of digital twins by a wide range of industries. They help in transforming the physical assets of the industries into a virtual representation. It aids in controlling, examining, and viewing the operations based on the digital platform. Fortune Business Insights™ provided this information in a recent study, titled, “Internet of Things (IoT) Market,...

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JD.com Announces 2021 Second Quarter and Interim Results

BEIJING, China, Aug. 23, 2021 (GLOBE NEWSWIRE) — JD.com, Inc. (NASDAQ: JD and HKEX: 9618), a leading supply chain-based technology and service provider, today announced its unaudited financial results for the three months and six months ended June 30, 2021. Second Quarter 2021 HighlightsNet revenues for the second quarter of 2021 were RMB253.8 billion (US$139.3 billion), an increase of 26.2% from the second quarter of 2020. Net service revenues for the second quarter of 2021 were RMB34.1 billion (US$5.3 billion), an increase of 49.2% from the second quarter of 2020. Income from operations for the second quarter of 2021 was RMB300.8 million (US$46.6 million), compared to RMB5.0 billion for the same period last year. Non-GAAP2 income from operations for the second quarter of 2021 was RMB2.5 billion (US$0.4 billion), compared to...

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Axsome Therapeutics Provides Update on the New Drug Application for AXS-05 for the Treatment of Major Depressive Disorder

NEW YORK, Aug. 23, 2021 (GLOBE NEWSWIRE) — Axsome Therapeutics, Inc. (NASDAQ: AXSM), a biopharmaceutical company developing novel therapies for the management of central nervous system (CNS) disorders, today announced that the U.S. Food and Drug Administration (FDA) informed the Company in a teleconference on August 20, 2021, that its review of the new drug application (NDA) for AXS-05 for the treatment of major depressive disorder would not be completed by the Prescription Drug User Fee Act (PDUFA) target action date of August 22, 2021. The FDA did not request additional information from the Company, and the review of the application is ongoing. About Major Depressive Disorder Major depressive disorder (MDD) is a debilitating, chronic, biologically-based disorder characterized by low mood, inability to feel pleasure, feelings...

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Northwest Copper Begins Trading on OTCQX

VANCOUVER, British Columbia, Aug. 23, 2021 (GLOBE NEWSWIRE) — NorthWest Copper (“NorthWest” or the “Company”) (TSXV: NWST) (OTCQX: NWCCF) is pleased to announce that trading of the Company’s common shares has commenced on the OTC Markets Group’s OTCQX® Best Market in the United States under the symbol “NWCCF”. The Company’s common shares will continue to trade under its primary listing in Canada on the TSX Venture Exchange (“TSXV”) under the symbol “NWST”. Peter Bell, President & CEO of NorthWest states: “This is an important step for NorthWest by making share ownership easier for our U.S. based investors. Further, this allows an increased number of investors to participate in our growth and gives NorthWest increased access to capital.” The OTCQX Market is designed for established,...

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McEwen Copper Inc. Closes $40 million Private Placement with Rob McEwen

TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE and TSX: MUX) announces that its subsidiary, McEwen Copper Inc., has closed the first tranche of the Series B private placement offering announced on July 6th, 2021 (the “Offering”), issuing 4,000,000 common shares at a price of $10.00 per share for gross proceeds of $40,000,000. Subscription for the remaining 4,000,000 common shares is available to qualified accredited investors, subject to a $1 million minimum investment and certain other conditions. The securities sold in the Offering are private and subject to transfer restrictions until after such time as shares of McEwen Copper become listed on a public exchange. The second tranche of the Offering is expected to close on or before September 30th, 2021. Rob McEwen’s investment corporation, Evanachan Limited,...

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Preliminary Dan-NICAD II results to be presented at ESC

Press release Malmö, Sweden, August 23, 2021 Preliminary Dan-NICAD II results to be presented at ESC Acarix AB (publ) today announced that the preliminary results of the Dan-NICAD II study will be presented at the ESC congress on 27AUG2021. The Dan-NICAD II trial was initiated in January 2018 to assess non-invasive methods in patients referred to CCTA (Coronary Computed Tomography Angiography) due to symptoms suggestive of obstructive CAD (Coronary Artery Disease), including the novel CADScor®System from Acarix AB. The original Dan-NICAD I study showed that CADScor® has a negative predictive value of 96% in a cohort of 1,675 patients with suspected stable CAD. The Dan-NICAD II study was initiated to further establish diagnostic accuracy in additional 1,726 patients and to obtain more validated clinical data for continuous algorithm optimization,...

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Drilling Services Market to Touch USD 17.44 Billion by 2027; Increasing Hydrocarbon Exploration & Production Activities to Boost the Market: Fortune Business Insights™

List of Key Companies Covered in this Drilling Services Market Report: Sumitomo Precision Products Co (Japan), Siemens (Germany), DV8 Technology Ltd. (UK), REFLEX NOW (Australia), Motive Drilling Technologies (U.S.), Kearfott Corporation (U.S.), ION Geophysical (U.S.), Zupt, LLC (U.S.), KLX Energy Services (U.S.), Welltec (Denmark), International Drilling Services LLC (Oman), Boart Longyear (U.S.), The Weir Group PLC (UK), AlMansoori Specialized Engineering (United Arab Emirates), Leam Drilling Systems LLC (U.S.), Petrofac (UK), Superior Energy Services (U.S.), VES Survey International (U.S.), Unitech Drilling Company Limited (Nigeria), Compass Directional Guidance, Inc. (U.S.), Oceaneering (U.S.), TechnipFMC (UK), Halliburton (U.S.), Inertial Sensing One AB (Sweden) Pune, India, Aug. 23, 2021 (GLOBE NEWSWIRE) — The global drilling...

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Middle East & Africa Solar Photovoltaic (PV) Market to Exhibit 30.8% CAGR by 2028; Increasing Fuel Demand Globally to Bolster Growth: Fortune Business Insights™

Leading companies in the Middle East & Africa solar photovoltaic (PV) market are A.R.E Group (Egypt), SARL Algerian PV Company, Aton Enerji (Turkey), Aures Solaire (Algeria) Aurasol (Tunisia), Copex Solar (UAE), Cleanergy (Morocco), DuSol Industries (UAE), Emirates Insolaire (UAE), Specialized Battery Systems (South Africa), Genergy (South Africa), Asunim Solar (Turkey), Sinetech (PTY) Ltd. (South Africa), Seraphim Solar (China), Jetion Solar (China) and others Pune, India, Aug. 23, 2021 (GLOBE NEWSWIRE) — The Middle East & Africa solar photovoltaic (PV) market size was USD 2.19 billion in 2020. The market is projected to grow from USD 3.47 billion in 2021 to USD 22.68 billion in 2028 at a CAGR of 30.8% in the 2021-2028 period. This information is published by Fortune Business Insights™ in its report titled, “Middle East...

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