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Day: February 1, 2022

Proactive news headlines including Perpetual Resources, Northern Minerals, Orthocell Ltd and Australian Strategic Materials

Sydney, Feb. 01, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Perpetual Resources Ltd (ASX:PEC) is advancing the pre-feasibility study update (PFSU) for its Beharra Project in Western Australia to assess the economic viability of bulk white sand extraction following successful metallurgical test-work. Click here Northern Minerals Ltd (ASX:NTU) has launched a strategic review of its business holdings and activities after appointing new chair Nick Curtis to the board, temporarily pausing a planned feasibility study for the Browns Range Heavy Rare Earth Project in Western Australia in order to include it in the review process. Click here Orthocell Ltd (ASX:OCC) enters 2022 with a strong balance sheet, a cash balance...

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2022 budget and production guidance

Lundin Energy AB (Lundin Energy or the Company) is pleased to announce its 2022 programme, with a capital budget of MUSD 830 and production guidance of between 180 to 200 thousand barrels of oil equivalent per day (Mboepd).  2022 guidance 2021 resultsProduction 180 to 200 Mboepd 190 MboepdOperating cost USD 3.6 per boe USD 3.1 per boeDevelopment expenditure MUSD 520 MUSD 738Exploration and Appraisal expenditure MUSD 230 MUSD 301Decommissioning expenditure MUSD 10 MUSD 12Renewables/Re-forestation Investments MUSD 70 MUSD 79Long-term guidance  Production Over 200 Mboepd by 2023Operating cost USD 3 to 4 per boeCarbon neutrality By 2023Production GuidanceThe average production in 2021 was 190 Mboepd, which was at the top of the original guidance range of between 170 and 190 Mboepd. Lundin Energy’s production...

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Nidec Completes the Purchase of Stake in OKK Corporation via Third-Party Share Allocation

KYOTO, Japan, Feb. 01, 2022 (GLOBE NEWSWIRE) — Nidec Corporation (TSE: 6594; OTC US: NJDCY) (the “Company” or “Nidec”) announced today that, based on the resolution made in a meeting of its Board of Directors held on November 18, 2021 (Japan time), the Company has completed the purchase of the shares of OKK Corporation (“OKK”) through a third-party allocation of common shares (the “Share Purchase”) by paying their total issue value of 5,478,950,247 yen today (February 1, 2022). For more details and other information regarding the Share Purchase, please see our press release, “Nidec to Execute a Capital Alliance Agreement to Purchase Stake in OKK Corporation via Third-party Share Allocation,” dated November 18, 2021.Outline of OKK in relation to the Third-party Allocation of SharesCompany Name: OKK CorporationHeadquarter: 8-10-1,...

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ObsEva Appoints Katja Buhrer as Chief Strategy Officer

Ad hoc announcement pursuant to Art. 53 LR of the SIX Swiss Exchange GENEVA, Feb. 01, 2022 (GLOBE NEWSWIRE) — ObsEva SA (NASDAQ: OBSV; SIX: OBSN), a biopharmaceutical company developing and commercializing novel therapies for women’s health, today announced the appointment of Katja Buhrer as Chief Strategy Officer and member of the company’s Executive Committee, effective February 1, 2022. Ms. Buhrer will oversee a range of operational areas including corporate strategy, investor relations and public relations, and will contribute in other areas such as business development and alliance management. “We are thrilled to welcome Katja to ObsEva at this important time in the company’s growth,” said Brian O’Callaghan, Chief Executive Officer of ObsEva. “Katja is an accomplished corporate development executive whose track record managing...

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 Questerre announces study on new well completion technique to replace conventional frac’ing

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, Feb. 01, 2022 (GLOBE NEWSWIRE) — Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported today it has commissioned a report on a new completion technique to replace conventional frac’ing with a new well stimulation technique. The new technique is designed to address public concerns of conventional frac’ing of rock underground. The preliminary conclusion is that by using lower pressures and rates than the threshold used for fracturing new rock, the new approach will take advantage of existing natural fractures to stimulate the formation. This is similar to the approach most often utilized in geothermal projects. The final report is expected...

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Gold’n Futures Launches New Website and Announces Options Cancellation and Grant

VANCOUVER, British Columbia, Feb. 01, 2022 (GLOBE NEWSWIRE) — Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M), (OTC: GFTRF) (the “Company” or “Gold’n Futures”) is pleased to report the launch of its new website. The new site at https://goldnfuturesmineralcorp.com/ is intended to provide the best current information on the Company and its activities. We are planning further upgrades to this website to benefit our stakeholders and investors including a photo gallery of our on-going exploration activities on our Hercules Gold Project in northern Ontario, soon to be adopted Environmental, Social and Governance Policies, and site and corporate video updates. We encourage visiting the website often to see its improvements. The Company further announces that:6,550,000 stock options have been cancelled effective January 7,...

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Biofertilizers Market to Reach USD 3.98 Billion by 2028 | Biofertilizers Industry Share, Growth Rate, Regional Analysis and Forecast by Fortune Business Insights™

Companies covered in biofertilizers market are Novozymes A/S (Copenhagen, Denmark), Bioceres Crop Solutions (Argentina), Lallemand Inc. (Montreal, Canada), BioWorks Inc. (New York, U.S.), Gujarat State Fertilizers & Chemicals Ltd (Gujarat, India), Camson Bio Technologies Ltd (Karnataka, India), Agri Life (Telangana, India), Agrinos AS (Oslo, U.S.), Symborg (California, U.S.), Lallemand Inc. (Toronto, Canada) & others. Pune, India, Jan. 31, 2022 (GLOBE NEWSWIRE) — The global biofertilizers market size is projected to grow from USD 1.79 billion in 2021 to reach 3.98 billion by 2028, exhibiting a CAGR of 12.03% during the forecast period. Rising demand for organic products and increasing concerns regarding the negative impact of chemical fertilizers are expected to boost the market growth. Fortune Business Insights™ provides...

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Berkley Announces Completion of Private Placement

THIS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, British Columbia, Jan. 31, 2022 (GLOBE NEWSWIRE) — Berkley Renewables Inc. (CSE:BKS) (the “Company”), announces that it has closed its previously announced non-brokered private placement of 5,400,000 (the “Units”) at a purchase price of $0.05 per Unit for gross proceeds of $270,000. Each Unit was comprised of one common share and one common share purchase warrant, and each warrant is exercisable for one common share for a period of five years at an exercise price of $0.05/share in years 1 – 3 and $0.10/share in years 4 – 5.    The proceeds of this offering will be applied towards, among other things, the following: (i) audit and legal fees; (ii) regulatory filing fees; (iii) CSE fees; and (iv) general working...

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EVe Mobility Acquisition Corp Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing February 4, 2022

DELAWARE, Jan. 31, 2022 (GLOBE NEWSWIRE) — EVe Mobility Acquisition Corp (the “Company”) announced that commencing February 4, 2022, holders of the units sold in the Company’s initial public offering of 25,000,000 units may elect to separately trade the Class A ordinary shares and warrants included in the units. Class A ordinary shares and warrants that are separated will trade on the New York Stock Exchange (“NYSE”) under the symbols “EVE” and “EVE WS,” respectively. Those units not separated will continue to trade on NYSE under the symbol “EVE.U.” No fractional warrants will be issued upon separation of the units and only whole warrants will trade. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any...

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Embark Announces Appointment of Stephen Houghton as Chief Operating Officer

Autonomous vehicle industry veteran will build on early success to lead operational growth, oversee geographic expansion, and spearhead Embark’s commercialization effortStephen HoughtonStephen Houghton, COO at Embark TrucksSAN FRANCISCO, Jan. 31, 2022 (GLOBE NEWSWIRE) — Embark Trucks, Inc. (Nasdaq: EMBK, “Embark”), a leading developer of autonomous technology for the trucking industry, today announced the appointment of Stephen Houghton as Chief Operating Officer, as Embark continues to forge partnerships with the nation’s biggest trucking companies and expands operations into new states. As COO, Stephen will leverage his extensive experience as an autonomous vehicle executive to guide Embark through rapid hiring, establish rigorous business operations, and oversee Embark’s growth in new markets including Texas...

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