Day: September 7, 2021

Aktia has prepared a climate strategy for the Group, which applies to wealth management, investments, lending and the Group’s own activities. Aktia systematically invests in the development of its climate-related work through its climate strategy. The goal is carbon neutrality in the investment portfolios by 2050, the operating environment permitting. In lending, the goal is to decrease carbon emissions and exposure. When it comes to Aktia Group’s own activities, the goal is, among other things, to achieve net carbon neutrality in the energy consumption of all rented premises by 2030. The aim is to reduce emissions from lending by creating climate-friendly, responsible criteria in selected business sectors for 25 % of corporate loans by 2030 and for 50% by 2050. Additionally, the goal is to create climate-friendly, responsible criteria...

Aktia Bank PlcStock Exchange Release7 September 2021 at 1.15 p.m. Aktia updates its growth strategy and long-term financial targets Aktia’s Board of Directors has approved the company’s updated strategy and new financial targets. The new strategy update, which extends to 2025, supports Aktia’s growth objectives and guides the company towards the new vision of being “the leading wealth manager bank”. The growth strategy is built particularly on close cooperation between Aktia’s three business areas (Asset Management, Banking and Life Insurance). A strong focus on wealth management is a key part of all of the company’s business activities. The new long-term financial objectives for 2025 are the following:a comparable operating profit of above EUR 120 million, a comparable return on equity (ROE) of above 12 per cent, a comparable...

WESTLAKE VILLAGE, Calif., Sept. 07, 2021 (GLOBE NEWSWIRE) — MannKind Corporation (Nasdaq: MNKD), a company focused on the development and commercialization of inhaled therapeutic products for patients with endocrine and orphan lung diseases, announced today that its Chief Executive Officer Michael Castagna, PharmD, will participate in a Fireside Chat at the H.C. Wainwright 23rd Annual Global Investment Conference which will be available on demand starting on September 13, 2021.  Interested parties can access a link to the on demand webcast of the presentation from the Events & Presentations section of the Company’s website at https://investors.mannkindcorp.com/events-and-presentations.  The webcast replay may be accessed at the same location for 14 days. About MannKind Corporation MannKind Corporation (Nasdaq: MNKD) focuses...

Figure 1Val-d’Or East Project Annual Gold ProductionFigure 2Val-d’Or Process layoutFigure 3Val-d’Or East Site LayoutFigure 4Projected Annual and Cumulative LOM After-Tax Unlevered Free Cash FlowHighlights:Robust economics with after-tax net present value (“NPV”) (discount rate 5%) of C$598M, internal rate of return (“IRR”) of 32.8% and payback of 2.7 years estimated with gold price of US$1,500 per ounce 12.5 year mine life producing 2.58 Million ounces of gold Average annual gold production of 207,000 ounces over life of mine (“LOM”), with an average of 231,000 ounces per year in the first eight years Average cash cost of US$786/oz and all-in sustaining (“AISC”) cost of US$965/oz gold Initial Capital Expenditure of C$353M Mill capacity of 10,000 tonnes per...

LOS ANGELES and DESERT HOT SPRINGS, Calif., Sept. 07, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, today provides further updates to its March and May 2021 announcements concerning its discussions with a Canadian cannabis company regarding development of a memorandum of understanding (“MOU”) setting forth terms under which the parties could enter into a joint venture to jointly manufacture, distribute and market Grapefruit’s products, including, but not limited to, Grapefruit’s patented disruptive Hourglass™ THC/cannabinoid time-release delivery cream throughout Canada. In February, the Company signed a memorandum of understanding (the “MOU”) with the Canadian partner setting forth the general terms...

Companies Announce Global Referral Partnership and App Store Featured Partner Status For The Month Of October Fobi Partnership With Lightspeed Serves As Further Validation Of Company’s Go To Market Strategy Through Global Tier-1 Channel Partners VANCOUVER, British Columbia, Sept. 07, 2021 (GLOBE NEWSWIRE) — Fobi AI Inc. (formerly Loop Insights Inc.) (TSXV: FOBI) (OTCQB: FOBIF) (the “Company” or “Fobi“), a global leader in providing real-time data analytics through artificial intelligence to drive customer activation and engagement is pleased to announce a data aggregation and analytics partnership with Lightspeed Commerce Inc., the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences.Fobi integration with the Lightspeed commerce platform...

All amounts expressed in US dollars   ELKO, Nev., Sept. 07, 2021 (GLOBE NEWSWIRE) — Nevada Gold Mines (NGM) has entered into a definitive asset exchange agreement (the “Exchange Agreement”) to acquire from i-80 Gold Corp. the 40% interest in the South Arturo Joint Venture that NGM does not already own as well as a low-cost option to acquire the adjacent Rodeo Creek exploration property, in exchange for the Lone Tree and Buffalo Mountain properties and infrastructure which are currently in care and maintenance. The exchange transaction will have an effective date of June 1, 2021. The transaction provides NGM with a number of key benefits:Allows NGM to consolidate production from the South Arturo open pit and the El Niño underground in the short term and capture 100% of the longer-term upside on both orebodies Provides NGM with...

TYSONS, Va., Sept. 07, 2021 (GLOBE NEWSWIRE) — Park Hotels & Resorts Inc. (“Park” or the “Company”) (NYSE:PK) today announced that it completed the previously announced sale of the Le Meridien San Francisco. The Company also provided an operational and liquidity update. Recent HighlightsClosed on the sale of the 360-room Le Meridien San Francisco on August 31, 2021, for total proceeds of $221.5 million, or approximately $615,000 per key. When adjusted for Park’s anticipated capital expenditures (“capex”), the sale price represents a 5.9% capitalization rate on 2019 net operating income (6.5% excluding capex), or 15.0x 2019 EBITDA (13.7x excluding capex). Proceeds from the sale were used to repay Park’s sole remaining term loan, leaving just $78 million outstanding; Pro-forma occupancy preliminarily estimated to be 49.9%...