Day: October 6, 2021
Press release – Paris, 6 October 2021
Default under the bonds exchangeable into SMCP shares issued by European TopSoho
SMCP has been informed that GLAS, in its capacity as Trustee under the bonds exchangeable into SMCP shares issued in September 2018 by European TopSoho S.à r.l., has notified European TopSoho S.à r.l., the majority shareholder of SMCP with 53% of the share capital, of the occurrence of a default under its EUR 250 million bonds exchangeable into SMCP shares following the failure to redeem these bonds at their maturity date on September 21, 2021 and at the end of the grace period which was open until September 30, 2021 (inclusive) to remedy this default. To SMCP’s knowledge, the total number of the SMCP shares underlying these bonds and pledged represents 37% of the Company’s capital and the pledge can be enforced...
GXO and Abercrombie & Fitch Co. to Open High-Tech Distribution Center in Phoenix Metropolitan Area
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New facility creates more than 300 new jobs in the area with opportunities for future growth
GREENWICH, CT. and NEW ALBANY, OH, Oct. 06, 2021 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO) and Abercrombie & Fitch Co. (NYSE: ANF) today announced an agreement to open a new 715,000-square-foot distribution center in Goodyear, Arizona. The facility will serve as Abercrombie & Fitch Co.’s new hub for its West Coast operations when it becomes fully operational in late 2021.
The highly automated facility will feature advanced automation, including robots that help teammates increase productivity and improve safety. Intelligent analytics, including AI and machine learning, will also be deployed at the site to deliver fast, efficient distribution of products to customers.
“We’re pleased to open this new distribution center...
C2C Gold Identifies Drill-Ready Gold Targets at its Barrens Lake Property, Newfoundland
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VANCOUVER, British Columbia, Oct. 06, 2021 (GLOBE NEWSWIRE) — C2C Gold Corp. (CSE: CTOC; OTCQB:CTCGF) (the “Company” or “C2C”) is pleased to announce the identification of multiple drill-ready gold targets from its 2021 soil sampling program, the first comprehensive gold exploration program to date, at the Barrens Lake property in the Central Newfoundland Gold Belt. Highlights include:Numerous strong gold-in-soil anomalies located in two Barrens Lake grids;
Five distinct anomalies measuring at least 0.9 km up to 1.9 km in maximum direction (strike);
Over 3,000 soil samples cover less than 10% of the Barrens Lake project area;Exploration activity continues across the Company’s 1,261 km2 land package. Soil and rock sampling, mapping, prospecting, aeromagnetic VLF-EM airborne and LIDAR (light detection remote sensing) surveys,...
Almadex Announces Plans for Q4; Drilling Commenced at Willow and Planned at San Pedro
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VANCOUVER, British Columbia, Oct. 06, 2021 (GLOBE NEWSWIRE) — Almadex Minerals Ltd. (“Almadex” or the “Company”) (TSX-V: “DEX”) is pleased to provide an additional update on activities further to the Company’s news release of April 6, 2021, which provided an overview of planned activities by the Company and its partners for 2021 at its mineral properties in British Columbia, Nevada, and Mexico.
San Pedro Property, MexicoThe 990 Ha San Pedro project is 100% owned by Almadex and is located in Jalisco State, Mexico. It is accessed from Guadalajara, 115 km along a paved highway. The project is prospective for epithermal style gold and silver deposits. Past work by Almadex and previous operators includes surface sampling, geophysics, and drilling. A 55-sample reconnaissance rock chip sampling program conducted...
Xebec Announces BGX Biostream™ Orders from Brightmark and Chevron Renewable Natural Gas Partnership
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Biostream is the leading biogas upgrading solution for U.S. dairy RNG projects
MONTREAL, Oct. 06, 2021 (GLOBE NEWSWIRE) — Xebec Adsorption Inc. (TSX: XBC) (“Xebec”), a global provider of clean energy solutions, is pleased to announce today that it has signed the first set of task orders under the previously announced Master Service Agreement (“MSA”) for an initial 18 BGX-Biostream™ (“Biostream”) units with Brightmark RNG Holdings LLC. Brightmark RNG Holdings LLC is a joint venture between Brightmark and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), to own project companies across the United States to produce and market dairy biomethane, a renewable natural gas (RNG).
These first task orders represent the single largest Biostream unit commitment Xebec has received to date and validates the product’s leading...
Abacus Provides Update on Willow Drilling
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VANCOUVER, British Columbia, Oct. 06, 2021 (GLOBE NEWSWIRE) — Abacus Mining & Exploration Corporation (“Abacus” or the “Company”) (TSXV: AME) wishes to provide an update on the ongoing drill program on the Willow porphyry copper property in the Yerington copper camp, southeast of Reno, Nevada.
The program began in early July and the third drill hole has just begun. All holes to date have intersected the Luhr Hill porphyry, which is the host rock of the four known porphyry copper-molybdenum deposits in the Yerington camp. Previous drilling in 2018 also intersected this rock unit, marking the first new discovery of a copper-molybdenum porphyry in the Yerington camp in over forty years.
Drill progress has been slow, partly due to very fractured rock. The drill contractor has advanced each hole slowly, bearing in mind that the...
Else Nutrition Makes Charitable Donation of its Kids Plant-Based Products, in Partnership with Rouses Markets, in aftermath of Hurricane Ida
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VANCOUVER, British Columbia, Oct. 06, 2021 (GLOBE NEWSWIRE) — ELSE NUTRITION HOLDINGS INC. (BABY.V) (BABYF) (0YL.F) (“Else” or the “Company”) the Plant-Based baby, toddler and children nutrition company, today announced that it has, in partnership with Rouses Markets of Thibodaux, Louisiana, made a donation of its Plant-Based Complete Nutrition Shake for Kids products to help in the aftermath of the challenging conditions created by hurricane Ida this past August.
“We’re deeply inspired by the community in New Orleans”, said Else Nutrition Co-Founder & CEO, Hamutal Yitzhak. “Their resilience during these hard times is astounding. Natural disasters such as Hurricanes have a very tangible impact on food supply distribution. No parent should be faced with being unable to provide...
Landos Biopharma Announces Publication in Scientific Reports of Novel Preclinical Findings Demonstrating Omilancor’s Therapeutic Potential in Models of Psoriasis and Further Validating the LANCL2 Mechanism
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BLACKSBURG, Va., Oct. 06, 2021 (GLOBE NEWSWIRE) — Landos Biopharma, Inc. (NASDAQ: LABP), a late-clinical-stage biopharmaceutical company utilizing its LANCE® Advanced A.I. platform to discover and develop novel therapeutics for patients with autoimmune diseases, today announced the publication of a peer-reviewed article titled “First-in-class topical therapeutic omilancor ameliorates disease severity and inflammation through activation of the LANCL2 pathway in psoriasis” in Scientific Reports. The peer-reviewed publication demonstrates omilancor’s therapeutic efficacy in animal models of psoriasis.
“The results published in Scientific Reports showcase for the first time omilancor’s therapeutic potential as a topical therapeutic for psoriasis, a chronic autoimmune condition impacting over 100 million patients globally,” said Dr....
Voyager Therapeutics Announces License Option Agreement with Pfizer for Next-Generation TRACERᵀᴹ AAV Capsids to Enable Neurologic and Cardiovascular Gene Therapy Programs
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Voyager receives $30 million up front with potential option exercise fees and milestone payments of up to $600 million plus product sales-based royalties
Pfizer receives transgene-specific access to Voyager’s novel AAV capsids with enhanced blood-brain-barrier penetration and cardiac muscle tropism for potential use with two transgenes
CAMBRIDGE, Mass., Oct. 06, 2021 (GLOBE NEWSWIRE) — Voyager Therapeutics, Inc. (Nasdaq: VYGR), a gene therapy company developing life-changing treatments and next-generation adeno-associated virus (AAV) platform technologies, today announced an agreement through which Pfizer Inc (NYSE: PFE) may exercise options to license novel capsids generated from Voyager’s RNA-driven TRACERTM (Tropism Redirection of AAV by Cell-type-specific Expression of RNA) screening technology as part of Pfizer’s efforts...
Recro Reports Inducement Grants For New Staff
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Highlights Appointment of New Vice President and Site Head of Operations for Recro San Diego
EXTON, Penn. and SAN DIEGO, Oct. 06, 2021 (GLOBE NEWSWIRE) — Recro Pharma, Inc. (“Recro”; NASD: REPH), a contract development and manufacturing organization (CDMO) dedicated to solving complex formulation and manufacturing challenges primarily in small molecule therapeutic development, today announced the expansion of its team through the addition of new employees to support product development, business development, quality, technical operations, functional support roles and to enhance leadership in the company’s San Diego operations.
Notably, Recro has appointed Tim Bourque as vice president and head of operations for Recro San Diego. Mr. Bourque joins Recro from Ajinomoto Bio-Pharma Services, where he was most recently senior director...