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Month: August 2021

PureGold Declares Commercial Production

VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”), is pleased to announce that commercial production has been achieved at the PureGold Mine, effective August 1, 2021. Following a successful commissioning period, the PureGold mine, milling facilities, and other critical systems are now all operating in line with or rapidly approaching design capacity of 800 tonnes of ore per day on a sustainable basis. Darin Labrenz, President & CEO of PureGold, commented, “Commercial production is a significant milestone and marks the beginning of a very exciting growth phase for the Company. By combining stable gold production with the high-grade exploration potential that makes the PureGold Mine so unique, we are making significant progress toward our goal...

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Commercial Director joins from Meltwater

Copenhagen, Aug. 03, 2021 (GLOBE NEWSWIRE) — Announcement (Selskabsmeddelelse) no. 11–2021   Copenhagen, 3. August 2021Commercial Director joins from Meltwater To strengthen the commercial part of the organization, Hypefactors has hired Frederik Nørby as Commercial Director, Media Intelligence. He joins with experience from more than 5 years at Meltwater Denmark, most recently as Managing Director. Frederik Nørby states: “Hypefactors’ cutting-edge artificial intelligence technology and the user-friendly platform set a new standard for media intelligence and automated reputation management. I am excited to be a part of the team and look forward helping to accelerate the commercial roll-out and to see more clients benefit from Hypefactors.” Frederik’s first day at the Hypefactors’ office will be August 5th, 2021.—- About...

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Clearway Energy, Inc. Reports Second Quarter 2021 Financial Results

2Q21 results in-line with seasonal expectations Committed investments with 2H21 COD targets remain on track for closing by year end Maintaining 2021 CAFD guidance and pro forma CAFD outlook Increasing the quarterly dividend by 1.7% to $0.3345 per share in the third quarter of 2021; On track to achieve the upper end of 5-8% annual growth target by year endPRINCETON, N.J., Aug. 03, 2021 (GLOBE NEWSWIRE) — Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported second quarter 2021 financial results, including Net Income of $32 million, Adjusted EBITDA of $365 million, Cash from Operating Activities of $194 million, and Cash Available for Distribution (CAFD) of $155 million. “Clearway’s near-term outlook remains on track as the Company’s diversified platform delivered second quarter financial results in-line with seasonal...

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Construction contract in Latvia (GUSTAVS business center in Riga)

On 3 August 2021, SIA Merks, part of AS Merko Ehitus group, has entered into a contract with SIA Gustava parks projekti, part of UAB GALIO Group, for the construction of GUSTAVS business center, located at Gustava Zemgala St. 73 in Riga. This is the first building of Gustavs Business Park development project, consisting of three buildings. The works include construction of a six-storey office building, two-storey underground parking and infrastructure works. The value of the contract is approximately EUR 22 million, plus value added tax. Construction works are scheduled to be completed in December 2022. SIA Merks (merks.lv) is a Latvian construction company, which offers construction services in the fields of general construction, civil engineering and residential construction. Additional information: SIA Merks, Board Member and Construction...

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Friendable Announces Corporate Rebranding to Maximize Visibility, Market Position of Fan Pass Livestream Artist Platform

CAMPBELL, CA, Aug. 03, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Friendable Inc. (OTC: FDBL), a mobile technology and marketing company, today announces the completion of several rebranding initiatives, including an updated corporate look and a new website for its core business and focus, the Fan Pass livestream platform. View the new websites, messaging and branding at http://www.FanPassLive.com and http://www.Friendable.com The new branding sets the foundation for Friendable’s next phase of growth. In coming weeks, the Company will kick off several key growth initiatives, and management anticipates its version 2.0 of the Fan Pass livestream platform will soon be available for download on all devices in both the Apple App and Google Play Stores.  Friendable entered the entertainment and music marketplace in July 2020, and...

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Riley Gold Announces C$1,600,000 Private Placement

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATESNEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) — Riley Gold Corp. (TSX.V: RLYG) (OTCQB: RLYGF) (“Riley Gold” or the “Company”) is pleased to announce a non-brokered private placement of up to 4,000,000 units at C$0.40 per Unit (“Units”) for total gross proceeds of up to C$1,600,000 (the “Private Placement”). “We are very pleased to date with our high-grade gold surface and drill results at the Tokop Gold Project (“Tokop”) in the Walker Lane Trend. We are raising additional capital, within our tight structure, to expand our exploration and knowledge base at Tokop with additional geophysics, mapping and drilling beyond our first program. Additionally, we want to accelerate initial work at our Pipeline...

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Order-to-Cash SaaS provider Sidetrade recognised as global industry leader again in 2021

Sidetrade (Euronext Growth: ALBFR.PA), the Artificial Intelligence platform dedicated to accelerating and securing cashflow, has been recognized by global consulting firm, Quadrant Knowledge Solutions, as a Technology Leader in the Account Receivable Application Research. The research titled ‘SPARK Matrix™: Account Receivable Application, 2021’, assessed the global industry intersection of providers’ customer impact and technology excellence, and categorised vendors into either aspirants, challengers, or technology leaders. Sidetrade was categorized into the most advanced category of ‘Technology leaders’. This is the third instance in 2021 alone that Sidetrade has been recognised in global industry-wide analysis and research into the Accounts Receivable and Order-to-Cash market. In June, Sidetrade was recognised in the 2021 Gartner Market...

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Rubicon Organics Secures R&D License from Health Canada

VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified and premium cannabis, is pleased to announce that it has been granted a Research License by Health Canada. The Research License allows the Company to distribute and administer its cannabis for research purposes and to test and review its products based on taste, sight, smell and touch. “We are all in on cultivating the best cannabis on earth and for the earth. With the Research License, we can enhance our quality and assurance processes as we continue to deliver on bringing our innovation pipeline of premium flower, hash, vape and solventless products to the Canadian cannabis market,” said Jesse McConnell, Chief...

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Triumph Gold Completes Artificial Intelligence Study at the Freegold Mountain Project, Yukon

Figure 1Location of the Freegold Mountain Project and Triumph Gold’s 2021 Minerva Artificial Intelligence study of the Revenue-Nucleus Area.VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) — Triumph Gold Corp. (TSX-V: TIG | OTCMKTS: TIGCF) (“Triumph Gold” or “the Company”) is pleased to announce that it has concluded an in-depth Artificial Intelligence (“AI”) study focused on the Revenue-Nucleus Area, a large zone of gold-copper-silver-molybdenum mineralization, within their district-scale Freegold Mountain Project (“the Project”) located in Yukon, Canada (Figure 1). The Company engaged Minerva Intelligence Inc. (“Minerva”) to utilize their cutting-edge DRIVER software along with K-Means Cluster Analysis to evaluate multi-element drilling data. Results from Minerva’s cognitive AI analysis have enhanced...

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SiC Based Power Electronics and Inverter Market to Hit USD 5,816.5 Million by 2028; Increasing Demand for Soft Switches to Augment Market Growth: Fortune Business Insights™

Key Companies Covered in SiC Based Power Electronics and Inverter Market Research Report are STMicroelectronics, Cree, Inc., ON Semiconductor, ROHM CO., LTD., Infineon Technologies AG, NXP Semiconductor N.V., ABB Group, Renesas Electronics Corporation, Fuji Electric Co, Ltd., Mitsubishi Electric Corp. Pune, India, Aug. 03, 2021 (GLOBE NEWSWIRE) — The global SiC based power electronics and inverter market size is expected to gain momentum by reaching USD 5,816.5 million by 2028 while exhibiting an impressive CAGR of 36.4% between 2021 to 2028. In its report titled “SiC Based Power Electronics and Inverter Market, 2021-2028,” Fortune Business Insights mentions that the market stood at USD 542.2 million in 2020. Extensive use of SiC based technologies such as the internet of things (IoT) and wireless communications are...

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