Month: October 2021

Orphazyme provides regulatory update following Type A meeting with FDA on arimoclomol in Niemann-Pick disease type C

Orphazyme provides regulatory update following Type A meeting with FDA on arimoclomol in Niemann-Pick disease type C

Orphazyme A/SCompany announcement        No. 24/2021Inside informationCompany Registration No. 32266355 Progress made in understanding potential resolution of topics outlined in Complete Response Letter, including need for additional data to support NDA FDA recommends the company provides supplemental information and analyses, and the FDA offers to have further interactions to identify a path to resubmission for arimoclomol in NPC Copenhagen – October 31, 2021 – Orphazyme A/S (ORPHA.CO; ORPH), a late-stage biopharmaceutical company, today provides an update on the regulatory status in the United States of its investigational product arimoclomol for Niemann-Pick disease type C (NPC) following a recently held Type A meeting with the U.S. Food and Drug Administration (FDA). The Company had a collaborative dialogue with the FDA during...

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Alm. Brand A/S completes capital reduction by changing share denomination

Alm. Brand A/S completes capital reduction by changing share denomination

Announcement no. 31/2021 Alm. Brand A/S completes capital reduction by changing share denomination At the extraordinary general meeting of Alm. Brand A/S held on 2 September 2021, the shareholders resolved to reduce the company’s share capital by nominally DKK 1,387,026,000 from nominally DKK 1,541,140,000 to nominally DKK 154,114,000 at par value for allocation to distributable reserves under equity. As the company has not received any claims during the statutory claims filing period, the capital reduction has now been finally registered in the computer systems of the Danish Business Authority. The capital reduction was completed by changing the denomination of the company’s shares from DKK 10 per share to DKK 1 per share. The capital reduction does not change the number of shares. With reference to section 32 of the Capital Markets...

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Skeljungur hf.: Conditions removed regarding financing and due diligence relating to the sale of P/F Magn to Sp/f Orkufelagið. Skeljungur plans to invest up to 23% of the total selling price of P/F Magn in Sp/f Orkufelagið.

Skeljungur hf.: Conditions removed regarding financing and due diligence relating to the sale of P/F Magn to Sp/f Orkufelagið. Skeljungur plans to invest up to 23% of the total selling price of P/F Magn in Sp/f Orkufelagið.

It was announced last 2 September that Skeljungur had made a decision to enter into exclusive negotiations with Sp/f Orkufelagið on the sale of all the shares in Skeljungur’s subsidiary in the Faroe Islands, P/F Magn, based on an offer to buy made by Sp/f Orkufelagið.  Sp/f Orkufelagið has now declared to Skeljungur that reservations regarding financing and due diligence have either been satisfied or waived. The selling price of P/F Magn remains unchanged from the amount announced earlier, i.e. 615 million DKK, or 12.3 billion ISK. Skeljungur has decided to participate in the funding of Sp/f Orkufelagið by re-investing up to 23% of the total proceeds from the transaction in Sp/f Orkufelagið and consequently Skeljungur will own up to 49% stake in Sp/Orkufelagið. Accordingly, the estimated impact of the transaction on Skeljungur’s financial...

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UPP Olaines OÜ consolidated unaudited financial results for Q3 and 9 months of 2021

UPP Olaines OÜ consolidated unaudited financial results for Q3 and 9 months of 2021

MANAGEMENT REPORT FOR 9 MONTHS 2021 General information UPP Olaines OÜ (hereafter ‘the Company’ and ‘the Group’ when referred together with subsidiaries) was established for the purpose of funding, acquiring and managing the real estate investment of Olaines Logistics Park: (buildings and land) located at “Šarlotes”, Olaines county, Olaines parish, Latvia, cadastre number 8080 003 0029, registered in the Land Register compartment No.5439 of the city of Olaine parish. The Company was established on 24.08.2017 and had no economic activity until 15.12.2017, when it acquired the cold storage warehouse Olaines Logistics Park. The management board is aware of no trends, uncertainties, demands, commitments or events that are reasonably likely to have a material effect on the Company’s prospects for the period after the reporting period of these...

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ESA signs contract with Danish Aerospace Company A/S for an extra E4D

ESA signs contract with Danish Aerospace Company A/S for an extra E4D

COMPANY ANNOUNCEMENT Odense, October 31st, 2021 Company Announcement no. 31 – 31-10-2021         ESA signs contract with Danish Aerospace Company A/S for an extra E4D Danish Aerospace Company A/S (DAC) has now signed the contract with ESA for an additional E4D model and more spares. This happened after formally being requested to make an offer for yet another flight model of the company’s future E4D-multifunction exercise equipment back in June of this year. (DAC Company Announcement no. 27). This contract now ensures ESA and NASA will have a full spare flight model available on ground when the equipment will be launched and become part of the standard complement of exercise equipment for the astronauts on the International Space Station ISS. DAC is now contracted to develop two flight- and three ground models of the new multifunction/crosstrainer...

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Steppe Gold Announces Change of Auditor

Steppe Gold Announces Change of Auditor

ULAANBAATAR, Mongolia, Oct. 29, 2021 (GLOBE NEWSWIRE) — Steppe Gold Ltd. (TSX: STGO) (“Steppe Gold” or the “Company”) announced that effective October 15, 2021, BDO Limited (the “Former Auditor”) has been terminated as the independent auditor of the Company and Kingston Ross Pasnak LLP has been appointed as the successor auditor (the “Successor Auditor”). There are no “reportable events” (as such term is defined in National Instrument 51-102 – Continuous Disclosure Obligations (“NI 51-102”)) in connection with the audits for “relevant period” (as such term is defined in NI 51-102) other than as described below: the board of directors (the “Board”) and audit committee of the Company (the “Audit Committee”) is of the opinion there are disagreements (as such term is defined in NI 51-102) with respect to the application of accounting...

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Vasta closes acquisition of Editora Eleva

Vasta closes acquisition of Editora Eleva

SÃO PAULO, Brazil, Oct. 29, 2021 (GLOBE NEWSWIRE) — Vasta Platform Limited (“Company” or “Vasta”) (NASDAQ: VSTA) today announced the completion by its subsidiary, Somos Sistemas de Ensino S.A. (“Somos Sistemas”), of the acquisition of all the shares issued by Editora de Gouges S.A. (current name of Editora Eleva S.A., “Editora”), a company that holds all rights and assets related to the K-12 education platform provided by the Eleva group up to this date (“K-12 Education Platform Transaction”). As consideration for the K-12 Education Platform Transaction, it was defined a base purchase price, which takes into consideration the estimated net cash of Editora at closing. The base purchase price is subject to adjustments defined in the K-12 Education Platform Transaction agreement, including net indebtedness adjustments commonly used...

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Candelaria Announces Closing of Final Tranche of Non-Brokered Private Placement

Candelaria Announces Closing of Final Tranche of Non-Brokered Private Placement

NOT FOR DISSEMINATION, DISTRIBUTION, RELEASE, OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES. VANCOUVER, British Columbia, Oct. 29, 2021 (GLOBE NEWSWIRE) — Candelaria Mining Corp. (TSX-V: CAND, OTC PINK: CDELF) (the “Company”) is pleased to announce that, further to its press release of September 22, 2021, it has closed its second and final tranche of its non-brokered private placement for a gross proceeds of $511,648 through the issuance of 1,136,997 units of the Company (the “Units”) at a price of $0.45 per Unit (the “Final Offering”). Each Unit will consist of one common share of the Company and one-half of a common share purchase warrant (the “Warrants”), with each full Warrant entitling the holder thereof to acquire one common share of the Company at a price...

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Abacus Announces Warrant Extension

Abacus Announces Warrant Extension

VANCOUVER, British Columbia, Oct. 29, 2021 (GLOBE NEWSWIRE) — Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) announces that the Company has applied to extend the exercise period of a total of 4,872,000 share purchase warrants, all of which are exercisable at $0.20 per share (collectively, the “Warrants”). The Warrants were issued pursuant to a private placement which closed November 23, 2018. The Company proposes to extend the expiry date for all these Warrants by one (1) additional year, and accordingly, the new expiry date for the Warrants will be November 23, 2022. All other terms and conditions of the Warrants remain unchanged. The Warrant extension is subject to acceptance by the TSX Venture Exchange. On Behalf of the Board,ABACUS MINING & EXPLORATION CORPORATION Paul...

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UPDATE - Lottery.com and Trident Acquisitions Corp. Announce Closing of Business Combination

UPDATE – Lottery.com and Trident Acquisitions Corp. Announce Closing of Business Combination

Lottery.com Inc.’s Common Stock to Begin Trading on Nasdaq Under Ticker Symbol LTRY on Monday, November 1, 2021 AUSTIN, Texas, Oct. 29, 2021 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company that is transforming how, where and when lottery is played announced today that it has completed its previously announced business combination with Trident Acquisitions Corp. (“Trident”). The transaction was approved at a special meeting of Trident’s stockholders on October 28, 2021. Additionally, Trident stockholders elected to retain 99.6% of Trident’s outstanding stock, resulting in the Company receiving gross proceeds of over $63 million from the transaction. Upon the closing, the combined company was renamed Lottery.com Inc. and its common stock and warrants will begin...

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