Month: March 2022

Figure 1 Industry Position of Medallion Technology PlatformsVANCOUVER, British Columbia, March 28, 2022 (GLOBE NEWSWIRE) — Medallion Resources Ltd. (TSX-V: MDL; OTCQB: MLLOF; Frankfurt: MRDN – “Medallion” or the “Company”), is pleased to announce signing of an exclusivity agreement (the “Exclusivity Agreement”) with a private North American research company (the “Research Partner”) to provide a three-month period to undertake additional due diligence on proprietary rare earth element metallization and rare earth magnet recycling technologies. If the technical due diligence is successful, Medallion will seek to negotiate investment terms to acquire or partner on all or part of the underlying technologies. The Research Partner is the exclusive owner and developer of an innovative rare earth element (“REE”) metallization technology....

TORONTO, March 28, 2022 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) provides notice that the Annual General Meeting of shareholders of the Company will take place on May 5, 2022 at 9:00 am (EDT) online via audio webcast through the Company’s website (www.first-quantum.com) or directly at https://meetnow.global/MM7MLTC.  ANNUAL DISCLOSURE DOCUMENTS The Company’s 2021 Annual Report (which includes the Company’s audited annual financial statements for the year ended December 31, 2021 and the corresponding management’s discussion and analysis), Annual Information Form and 2022 Notice & Access Document, Notice of Meeting, Management Information Circular, Proxy Form, Financial Statements Request Form and Voting Instruction Form are now available online at https://www.first-quantum.com/English/investors/investor-briefcase/default.aspx. For...

TORONTO, March 28, 2022 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra” or “the Company”) (TSX: CG) (NYSE: CGAU) issued the following statement today: Centerra Gold Inc. notes that the Cabinet of Ministers of the Kyrgyz Republic has approved a decision by the Kyrgyz Government to conclude an agreement with Centerra related to Centerra’s Kumtor Mine, as reported by Kyrgyz news media. Negotiations with representatives of the Kyrgyz Government and Kyrgyzaltyn JSC continue with a view to finalizing a transaction that Centerra expects will include the principal terms outlined in the Company’s press release dated January 3, 2022. As previously disclosed, Centerra expects that the framework for any transaction will include exchanging Centerra’s interest in the Kumtor Mine for, among other things, Kyrgyzaltyn JSC’s Centerra common shares,...

Sunosi is the first and only dual-acting dopamine and norepinephrine reuptake inhibitor (DNRI) approved by the FDA to improve wakefulness in adults living with excessive daytime sleepiness associated with narcolepsy or obstructive sleep apnea Acquisition accelerates Axsome’s transformation into a global commercial entity ahead of potential near-term launches of AXS-05 in major depressive disorder (MDD) and AXS-07 in migraine Highly synergistic with Axsome’s existing neuroscience portfolio and Digital Centric Commercialization™ (DCC) platform Anticipated long-lived exclusivity for Sunosi with potential for significant additional indications Immediately revenue generating, and expected to be breakeven to operating plan in 2023, and substantially accretive thereafter Company to host conference call today at 8:00 AM ET NEW YORK, March 28,...

BEIJING, March 28, 2022 (GLOBE NEWSWIRE) — JD.com, Inc. (“JD.com”) (Nasdaq: JD; HKEx: 9618), a leading supply chain-based technology and service provider, today announced that JD Property, a subsidiary of JD.com and the infrastructure asset management and integrated service platform within the group, has entered into definitive agreements for its non-redeemable series B preferred share financing with investors led by Hillhouse Investment, Warburg Pincus, and one leading global institutional investor, among others. The total amount raised in this round is expected to be approximately US$800 million. The transaction is subject to customary closing conditions. JD.com will remain the majority shareholder of JD Property after the completion of this transaction. It is expected that the financing will facilitate JD Property’s business...

MONACO, March 28, 2022 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announces that the Company has entered into agreements to sell three vessels (two LR2s and one MR). The sale price of the two LR2s (2015 built STI Savile Row and STI Carnaby) is $86.0 million in aggregate, and the sale price of the MR (2014 built STI Benicia) is $26.5 million. Scorpio Services Holding Limited, a related party, owns a non-controlling 7.50% interest in the buyer of STI Benicia. The Company is expected to raise additional liquidity of approximately $55.0 million from these transactions, which are expected to close in the second and third quarters of 2022. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently...

March 28, 2022Announcement no. 3 This announcement and the information contained herein is not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Australia or Japan or any jurisdiction in which such publication or distribution would be unlawful. This announcement does not constitute or form a part of any offer to sell or solicitation of an offer to purchase or subscribe for securities in United States, Canada, Australia or Japan or any other jurisdiction in which it would be unlawful to do so. Any failure to comply with this may constitute a violation of US, Canadian, Australian or Japanese securities laws or the securities laws of other states as the case may be. Any securities described herein may not be offered or sold in the United States absent registration or an exemption from...

DANBURY, Conn., March 28, 2022 (GLOBE NEWSWIRE) — MannKind Corporation (Nasdaq: MNKD), a company focused on the development and commercialization of inhaled therapeutic products for patients with endocrine and orphan lung diseases, announced today that its Chief Executive Officer, Michael Castagna, PharmD, will participate in the Lytham Partners Spring 2022 Investor Conference taking place virtually on April 4-7, 2022. The Company’s webcast presentation will be available for viewing at 11:00am ET on Monday, April 4, 2022, on the Company’s website at or https://wsw.com/webcast/lytham4/mnkd/2026590. The webcast will also be archived and available for replay. Management will be participating in virtual one-on-one meetings throughout the event. To arrange a meeting with management, please contact Lytham Partners at 1×1@lythampartners.com...

TORONTO, March 28, 2022 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM) today filed an updated Technical Report for the Ravensthorpe Nickel Operations (“RNO”) in Western Australia. The purpose of this Technical Report is to incorporate updates that reflect the recently completed Mineral Resource and Mineral Reserve estimates and to provide commentary on the status of operations, including recent development work being undertaken to bring the Shoemaker-Levy open pit mine into full production. The effective date for the Mineral Resource and Mineral Reserve estimates is December 31, 2021. The updated RNO models for Halleys, Hale-Bopp, Shoemaker-Levy, Shoemaker-Levy North and Nindilbillup, incorporate recent drilling and metallurgical test work results. The Shoemaker-Levy deposit makes up...

MISSISSAUGA, Ontario, March 28, 2022 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc., (“SEB” or “the Company”) (TSXV:SEB, OTCQB:SEBFF), announces 3 new client wins. The USA win is to a multi-state industrial company to deploy SEB’s MarvalNA Service Management solutions, with a recurring revenue profile. The second win is a Crown Corporation supply arrangement with a term of 5 years plus 6 options years. The third is another Crown Corporation and has a term of 3 years with 3 option years. Both supply arrangements give SEB vendor status and the right to participate in the delivery of IT solutions and services for these entities. The IT budgets of these entities are tens of millions of dollars annually. These three wins add to our $205 million of contract wins and extensions over the past 15 months and add to over $470 million of...