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Year: 2021

OXURION NV Secures EUR 10 Million Convertible Bond Financing from Kreos Capital and Pontifax Ventures

 Provides Additional Capital to further Develop the Company’s Innovative Pipeline of Novel Clinical Assets, THR-687 and THR-149 Leuven, BE, Boston, MA, US – November 22, 2021 – 07.00 AM CET – Oxurion NV (Euronext Brussels: OXUR), a biopharmaceutical company developing next generation standard of care ophthalmic therapies, with a clinical stage portfolio in vascular retinal disorders, announces it has entered into a EUR 10 million loan agreement with Kreos Capital and Pontifax Ventures, which will take the form of convertible bonds (the “Debt Financing”). Oxurion is focused on building a leading global franchise in the treatment of retinal vascular disorders based on the successful development of its two novel therapeutics. The net proceeds of the Debt Financing will be used to provide working capital to support Oxurion’s strategy...

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Obseva Announces Appointment of Stephanie Brown to its Board of Directors

Ad hoc announcement pursuant to Art. 53 LR of the SIX Swiss Exchange   GENEVA, Switzerland November 22, 2021 – ObsEva SA (NASDAQ: OBSV; SIX: OBSN), a biopharmaceutical company developing and commercializing novel therapies to improve women’s reproductive health, today announced that Stephanie Brown has been selected to join its Board of Directors and will be proposed for election at the 2022 Annual General Meeting. In the meantime, and effective December 1, 2021, she will join the Board of Directors as an Observer. Ms. Brown brings valuable commercial expertise and industry insight to the Company. Jacky Vonderscher, Ph.D., has decided to step down from the Board effective 19 November 2021. “It is a pleasure to welcome Stephanie, an esteemed industry leader, to our Board of Directors”, said Frank Verwiel, M.D., Chairman of the Board of...

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SIKA EXPANDS ITS PRODUCTION CAPACITY IN CHINA FOR FASTER AND MORE SUSTAINABLE CUSTOMER SOLUTIONS

SIKA EXPANDS ITS PRODUCTION CAPACITY IN CHINA FOR FASTER AND MORE SUSTAINABLE CUSTOMER SOLUTIONS By opening a new mortar production facility in Jiaxing City, in the province of Zhejiang in Eastern China, Sika has further expanded its production capacity in the rapidly growing Chinese construction market. The commissioning of the new facility is Sika’s response to high demand in the region. At the same time, this step guarantees optimized logistics, shorter transportation routes for raw materials and finished goods, and a reduction in CO2 emissions. With its latest investment in the expansion and improvement of its supply chain in China, Sika is targeting further growth in the greater Zhejiang region, one of China’s most economically prosperous areas. Up to now, the technologies for construction projects in Eastern China were produced...

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Agra Ventures Issues Shares as Regular Payment of Partial Amount of Interest on Debt

VANCOUVER, British Columbia, Nov. 21, 2021 (GLOBE NEWSWIRE) — Agra Ventures Ltd. (“AGRA” or the “Company”) (CSE: AGRA) (Frankfurt: PU31) (OTCPK: AGFAF), a growth-oriented and diversified company focused on the international cannabis industry, announces that its Board of Directors has approved the Company’s issuance of 8,744 common shares (the “Shares”) at a deemed price of $0.84 per Share as payment of the portion of the quarterly amount of interest due in Shares on a loan entered into in December of 2020. All Shares issued will be subject to a minimum hold period of four months and one day from the date of issuance. About Agra Ventures Ltd. Agra Ventures is a growth-oriented and diversified company focused on the international cannabis industry. The company is dedicated to the cultivation, distribution and marketing of high-quality...

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C.P. Group and Telenor Group support True and dtac in exploring the creation of a new telecom-tech company

(Oslo/Bangkok, 22.11.2021) C.P. Group and Telenor Group announced today that they have agreed to explore the creation of a new telecom-tech company comprising of True and dtac. The new company will be a merger of equals, and bring the best of the two local companies, with the support of its key sponsoring shareholders. The new company will be a leading telecommunications service provider with capabilities to accelerate Thailand’s progressive digital technology agenda in terms of network performance, innovation, investment strength and employer brand. Mr. Suphachai Chearavanont, Chief Executive Officer of C.P. Group and Chairman of the Board of True Corporation said, “The telecom and technology sectors are key to enabling Thailand to move up the development curve and to create broad-based prosperity.  As a telecom-tech company, we can help...

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Mesoblast and Oaktree Capital Enter Into Refinancing and Expansion of Senior Debt Facility

NEW YORK, Nov. 21, 2021 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced that it has successfully refinanced its existing senior debt facility with a new US$90 million five year facility provided by funds managed by Oaktree Capital Management, L.P. (“Oaktree”). Mesoblast drew the first tranche of US$60 million on closing, with proceeds being used to repay the outstanding balance of the existing senior debt facility with Hercules Capital, Inc. Up to an additional US$30 million may be drawn on or before December 31, 2022, subject to certain milestones. The facility has a three-year interest only period, at a rate of 9.75% per annum, after which time 40% of the principal amortizes over two years and a final payment due November 2026....

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Mexican Gold Grants Stock Options

VANCOUVER, British Columbia, Nov. 19, 2021 (GLOBE NEWSWIRE) — Mexican Gold Mining Corp. (the “Company” or “Mexican Gold”) (TSXV: MEX, OTCQB: MEXGF) announces that it has granted stock options to acquire an aggregate of 2,000,000 common shares in the capital of the Company at an exercise price of $0.055 (the “Options”) in accordance with its 10% rolling stock option plan. The Options, fully vested and exercisable for a five-year term expiring November 18, 2026, were granted to a director and officer of the Company. About Mexican Gold Mining Corp. Mexican Gold is a Canadian-based mineral exploration and development company committed to building long-term value through ongoing discoveries and strategic acquisitions of prospective precious metals and copper projects in the Americas. Mexican Gold is exploring and advancing the...

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Centerra Gold Announces Filing of a Material Change Report

TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announced today that it has filed under its profile on SEDAR a material change report related to the previously disclosed determination made by Centerra on August 9, 2021, that a number of coordinated actions taken by the Kyrgyz Republic had ultimately resulted in the seizure of the Kumtor Mine by the Kyrgyz Republic and a loss of control of the mine by Centerra. As a result of the loss of control, the Company deconsolidated the results of the Kumtor Mine from its results for the second quarter of 2021, recognized a loss on the change of control of US$926.4 million in the second quarter of 2021, ascribed no value to the Company’s interest in Kumtor Gold Company, its 100% owned subsidiary that holds the Kumtor Mine,...

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Noront Reminds Shareholders of Extension of BHP Expiry

TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — At the request of the TSX Venture Exchange, Noront Resources Ltd. (TSXV: NOT) (“Noront” or the “Company“) today reminded shareholders that BHP Lonsdale Investments Pty Ltd (“BHP Lonsdale”), a wholly owned subsidiary of BHP, has extended the expiry of its offer from 7:00 p.m. (Toronto Time) on November 16, 2021 to 7:00 p.m. (Toronto Time) on November 30, 2021. BHP announced the tender expiry extension on November 10, 2021. BHP’s announcement can be read in full at: https://www.newswire.ca/news-releases/bhp-extends-tender-expiry-while-progressing-discussions-with-wyloo-metals-833798545.html About Noront ResourcesNoront Resources Ltd. is focused on the development of its high-grade Eagle’s Nest nickel, copper, platinum and palladium deposit and the world class chromite deposits...

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HII Awarded Additional $113.6 Million Advance Procurement Contract for Amphibious Assault Ship LHA 9

PASCAGOULA, Miss., Nov. 19, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that its Ingalls Shipbuilding division has received a contract modification from the U.S. Navy for $113.6 million to enable long-lead-time material and advance procurement activities for amphibious assault ship LHA 9. This modification brings the total advance funding for LHA 9 to $651 million. “We appreciate the partnership we have with the Navy and their continued commitment to this important ship,” Ingalls Shipbuilding President Kari Wilkinson said. “Not only will it provide capability to our Navy fleet, but it also sustains hundreds of jobs across the country within our vast network of suppliers in support of construction.” LHAs are the centerpiece of the Navy amphibious ready groups and Marine Corps air ground task...

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