Day: January 20, 2022

75% Increase in Cinovec NPV to US$1.94B 16% Increase in Production to 29,386tpa HIGHLIGHTSThe 2019 PFS Update for the Cinovec Project has been updated to demonstrate the effect of changes in the mining process to incorporate the use of paste backfill, which results in an increase in annual production, together with changes in lithium and by-product prices to reflect current and expected market conditions. Annual production of battery grade lithium hydroxide monohydrate modelled to increase from 25,267 tpa to 29,386 tpa, an increase of 16%. NPV8 (post tax) increases from US$1.108B to US$1.938B, an increase of 74.9%, based upon a lithium hydroxide price of USD17,000 per tonne which is significantly less than the current price. Post tax IRR of 36.3% and a payback period of 2.5 years from the commencement of production. Up-front capital...

PHOTO_L’ORÉAL_BIOMETRIC FACIAL RECOGNITION, 3D SCANNING TECHNOLOGYCOPYRIGHT L’ORÉALPHOTO_L’ORÉAL_SMART MIRROR CONCEPTCOPYRIGHT METAMORWORKS ISTOCKNEWS RELEASEL’ORÉAL AND VERILY ANNOUNCE FIRST-OF-ITS-KIND STRATEGIC PARTNERSHIP TO ADVANCE PRECISION SKIN HEALTH Clichy, January 20, 2022 – L’Oréal, the world leader in beauty, and Verily, an Alphabet precision health company, announced today a strategic partnership, exclusive in beauty, to advance skin health. The first-of-its-kind partnership in the beauty industry is expected to entail two programs aimed to better understand and characterize skin and hair aging mechanisms and to inform L’Oréal’s precision beauty tech strategy and product development. The first is a strategic research collaboration to establish a longitudinal...

According to management accounts for December 2021, which are now available, EBITDA in the fourth quarter 2021 will be higher than previously estimated and published on 20 December 2021.   It is estimated that EBITDA in the fourth quarter will be around EUR 31.6 million compared EUR 14.9 million for the same quarter 2020. The previously published range was EUR 26.7 to 29.7 million.  EBIT in the quarter will be around EUR 17.5 million compared to EBIT of EUR 3.2 million for the same period 2020. Main drivers for the increase in EBITDA from the range published in December are higher volume and better margins than expected in the container liner especially in export Iceland. Furthermore, the performance of the Norway operation and the international forwarding operations exceeded expectations. Overall, activity was strong throughout the month...

Dallas, Texas, Jan. 20, 2022 (GLOBE NEWSWIRE) — Alternet Systems, Inc. (OTC Pink: ALYI) today highlighted the potential income it stands to realize from the EV Ecosystem Partnership component of its overall business operation. ALYI recently published a 2022 strategic outlook presentation that explained how the various components of the company’s EV Ecosystem fit together to drive revenue and shareholder value. The presentation included details on ALYI’s initiative to build EV Ecosystem partners and to add value to its partners, in part with the introduction of investment opportunities for its partners. One EV Ecosystem partnership initiative addressed in the 2022 strategic outlook involved a the car sharing technology company called Zoomcar Inc. into which ALYI has made a strategic investment.  ALYI management is optimistic about...

NEWARK, N.Y., Jan. 20, 2022 (GLOBE NEWSWIRE) — Ultralife Corporation (NASDAQ: ULBI) will report its fourth quarter results for the period ended December 31, 2021 before the market opens on Thursday, February 3, 2022. Ultralife’s Management will also host an investor conference call and simultaneous webcast at 8:30 AM ET on February 3, 2022. To participate in the live call, please dial (800) 915-4836 at least ten minutes before the scheduled start time, identify yourself and ask for the Ultralife call. A live webcast of the conference call will be available to investors in the Events & Presentations Section of the Company’s website at http://investor.ultralifecorporation.com. For those who cannot listen to the live broadcast, a replay of the webcast will be available shortly after the call at the same location. About Ultralife...

Figure 1Vertical Cross Section – new pegmatite discovery with rush assay intersections on hole BBY21069 and adjacent holes showing assayed intersection and spodumene enriched pegmatiteFigure 2Drill Plan of holes around discovery hole BBY21069Figure 3Drill holes, pegmatites and spodumene rich boulder trains at the Bergby Project, SwedenNew high grade spodumene bearing pegmatites intersected Rush assays on hole BBY21069 from one new pegmatite returned 47.75 m (true thickness 10m) of 1.34 % Li2O 42 holes have now been completed totalling 3730m since United Lithium acquired the Bergby Lithium Project Drilling continues; assays pending or incomplete on most holes VANCOUVER, British Columbia, Jan. 20, 2022 (GLOBE NEWSWIRE) — United Lithium Corp. (CSE: ULTH; OTC: ULTHF; FWB:...

Suominen Corporation ANNOUNCEMENT 20.1.2022          Suominen Corporation: SHARE REPURCHASE 20.1.2022     In the Helsinki Stock Exchange         Trade date 20.1.2022  Bourse trade Buy  Share SUY1V  Amount 7,000 SharesAverage price/ share 5.1386 EURTotal cost 35,970.20 EUR          Suominen Corporation now holds a total of 1 030 946 sharesincluding the shares repurchased on 20.1.2022            On behalf of Suominen Corporation       Nordea Bank Oyj         Janne Sarvikivi Sami Huttunen       For additional information, please contact:  Toni Tamminen, CFO, Suominen Corporation  tel. +358 (0)10 214 3051         www.suominen.fi    AttachmentSuominen 20.1 trades

VINCIT OYJ Pörssitiedote 20.1.2022                VINCIT OYJ: OMIEN OSAKKEIDEN HANKINTA 20.1.2022         Helsingin Pörssi             Päivämäärä 20.1.2022    Pörssikauppa Osto    Osakelaji VINCIT    Osakemäärä 1,046 osaketta  Keskihinta/ osake 7.8565 EUR  Kokonaishinta 8,217.90 EUR                Yhtiön hallussa olevat omat osakkeet 20.1.2022  tehtyjen kauppojen jälkeen: 423 122 kpl.                  Vincit Oyj:n puolesta             Nordea Pankki Oyj                    Janne Sarvikivi Sami Huttunen           Lisätietoja:      Vincit Oyj, toimitusjohtaja Julius Manni    puhelin: 050 424 3932                    www.vincit.com             AttachmentVINCIT_20.1_trades

Gaithersburg, MD, Jan. 20, 2022 (GLOBE NEWSWIRE) — mPhase Technologies, Inc. (OTC Pink: XDSL) (“mPhase” or the “Company”), a technology company developing the mPower EV+ (electric vehicle) charging network and consumer engagement platform, is pleased to announce the appointment of financial industry veteran James Engler, Jr. to its Board of Directors. James is currently Vice President and Chief Financial Officer of Rosemore Inc., a privately held investment management firm that has a legacy in the energy and transportation industries dating back more than a century to the founding of the American Oil Company (AMOCO) in 1910. In addition to three years of experience in energy and investment management at Rosemore, he previously was a senior manager at PricewaterhouseCoopers LLP (PwC) for 15 years, serving large SEC filers and private...

VANCOUVER, British Columbia, Jan. 20, 2022 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) and DLT Labs™ (“DLT”) today announced a pilot to use blockchain technology to trace responsibly-produced germanium from the mine to the customer, the first such use of blockchain to trace this critical mineral. Teck is North America’s largest producer of germanium, a critical mineral and one of the integral elements required for digital devices and communications. It is an essential component in fiber optic cables and high-speed computer chips and circuitry. Beyond its use in communications technology, germanium is also important for low-carbon technologies such as solar cells and light-emitting diodes (LEDs). Germanium is considered essential for communications technology and the transition to a low-carbon...