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Month: April 2022

Global Hydrogen Expert Appointed Chairman of Advisory Board for Progressus Clean Technologies, a 49% Subsidiary of PowerTap Hydrogen

Formation of advisory board will accelerate technology development and commercialization for Progressus technology products Pinakin Patel, world renowned hydrogen expert, named as chairman of advisory board for Progressus Clean Technologies Mr. Patel’s appointment will ensure Progressus technology meets development and commercial milestones through deep technology and supply chain expertise Mr. Patel brings more than 40 years of hydrogen and fuel cell experience to the role along with direct core knowledge of the Progressus technologyVANCOUVER, British Columbia and IRVINE, Calif., April 12, 2022 (GLOBE NEWSWIRE) — PowerTap Hydrogen Capital Corp (NEO: MOVE) (FWB: 2K6B) (OTC: MOTNF) (“PowerTap” or the “Company” or “MOVE”) is pleased to announce that its 49%-owned subsidiary, Progressus Clean Technologies, formerly AES-100 Inc....

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Chimeric enters strategic manufacturing partnership with WuXi Advanced Therapies

Chimeric Therapeutics will leverage WuXi Advanced Therapies’ (“WuXi ATU”) closed loop CAR T platform and other capabilities to accelerate the clinical development of their CHM 1101 (CLTX CAR T) and CHM 2101 (CDH17 CAR T) programs for glioblastoma and gastrointestinal cancers, respectively MELBOURNE, Australia, April 11, 2022 (GLOBE NEWSWIRE) — Chimeric Therapeutics (ASX:CHM, “Chimeric”) a clinical-stage cell therapy company and an Australian leader in cell therapy, is pleased to announce that it has entered into a strategic manufacturing partnership with WuXi ATU, a global contract testing and manufacturing organization (CTDMO). The partnership initially focusses on Chimeric’s two autologous CAR T-cell therapies for solid tumours: CHM 2101 (CDH17 CAR T), currently in late preclinical development for gastrointestinal (GI) cancers...

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STRONG START TO THE YEAR – SIKA UNVEILS RECORD SALES IN FIRST QUARTER

Ad-hoc notice pursuant to Article 53 of the Listing Rules of the SIX Exchange Regulation STRONG START TO THE YEAR – SIKA UNVEILS RECORD SALES IN FIRST QUARTERSales increase in local currencies of 21.9% First quarter sales of CHF 2,398.2 million (+20.0% in CHF) Negative currency effect of –1.9% Opening of new plants in Tanzania and Ivory Coast Outlook for fiscal 2022 confirmedSales increase in local currencies by well over 10%, surpassing CHF 10 billion for the first time Over-proportional increase in EBIT Closing of MBCC acquisition remains targeted for the second half of 2022 Confirmation of 2023 strategic targets for sustainable, profitable growthIn the first quarter of 2022, Sika once again performed strongly in a challenging market environment. Despite supply shortages in raw materials and a highly inflationary environment,...

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Razor Energy Corp. Announces Fourth Quarter and 2021 Year End Results

CALGARY, Alberta, April 11, 2022 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces its fourth quarter and year end 2021 financial and operating results. Selected financial, operational and reserves information is outlined below and should be read in conjunction with Razor’s audited consolidated financial statements, management’s discussion and analysis and annual information form (“AIF”) for the year ended December 31, 2021 which are available on SEDAR at www.sedar.com and the Company’s website www.razor-energy.com. RECENT HIGHLIGHTSFinancing:   On March 9, 2022, the Company closed a senior debt financing for US$11.0 million (CAD $14.1 million) which provides the remaining funds to complete the Co-produced Geothermal Power Project (“Geothermal Project”) in Swan Hills, Alberta. Rights Offering:  ...

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ThreeD Capital Inc. Announces Unaudited March 31, 2022 Net Asset Value Per Share – $1.10

TORONTO, April 11, 2022 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at March 31, 2022, its unaudited net asset value per share (“NAV”) was $1.10.   This announcement is made based on ThreeD’s established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information. Use of Non-GAAP Financial Measures: This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the...

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Alamos Gold Announces Groundbreaking for Phase III Expansion of Island Gold Mine in Ontario, Canada

Island Gold Phase III Expansion Groundbreaking Participating in the Groundbreaking, from left to right: Lois MacDonald (Missanabie Cree First Nation), John Fitzgerald (Vice President, Projects, Alamos Gold), Jamie Porter (Chief Financial Officer, Alamos Gold), Todd Smith (Minister of Energy, Government of Ontario), Patricia Tangie (Chief of Michipicoten First Nation)), Peter MacPhail (Chief Operating Officer, Alamos Gold), Greg Rickford (Minister of Northern Development, Mines, Natural Resources and Forestry), John McCluskey (President and Chief Executive Officer, Alamos Gold), Beverly Nantal (Mayor of Dubreuilville), Jason Gauthier (Chief of Missanabie Cree First Nation), Austin Hemphill (General Manager, Island Gold Mine, Alamos Gold), Carol Hughes (Member of Parliament, Algoma – Manitoulin – Kapuskasing), Michael Mantha (Member of...

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Lucira Health Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

EMERYVILLE, Calif., April 11, 2022 (GLOBE NEWSWIRE) — Lucira Health, Inc. (Nasdaq: LHDX), a medical technology company focused on the development and commercialization of transformative and innovative infectious disease test kits, today announced that on April 6, 2022, the Board of Directors of Lucira granted inducement awards consisting of 20,825 restricted stock units (“RSUs”) to three new employees under Lucira’s 2022 Inducement Plan. The Board of Directors approved the awards as an inducement material to the new employees’ employment in accordance with Nasdaq Listing Rule 5635(c)(4). The RSUs will vest over four years, with 25% of the underlying shares vesting on the one year anniversary of the applicable vesting commencement date and 1/16th of the underlying shares vesting quarterly thereafter, subject to the new employees’...

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SPX Announces Acquisition of International Tower Lighting, LLC

Broadens and Strengthens SPX’s Aids-to-Navigation Platform CHARLOTTE, N.C., April 11, 2022 (GLOBE NEWSWIRE) — SPX Corporation (“SPX”) (NYSE: SPXC) today announced that it has completed the acquisition of International Tower Lighting, LLC (“ITL”), a private company headquartered in La Vergne, Tennessee. ITL is a leader in the design and manufacture of highly-engineered Aids-to-Navigation, or “AtoN” systems, including obstruction lighting for telecommunications towers, wind turbines and numerous other structures. ITL also hosts monitoring and support services for its customers. ITL’s results will be reported as part of SPX’s AtoN platform within its Detection & Measurement segment. ITL has revenue of approximately $18 million, and is anticipated to be modestly accretive to average segment margin. SPX anticipates updating 2022...

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Ryman Hospitality Properties, Inc. Announces First Quarter 2022 Earnings Conference Call – Tuesday, May 3, 2022, 9 a.m. ET

NASHVILLE, Tenn., April 11, 2022 (GLOBE NEWSWIRE) — In a release issued March 29 by Ryman Hospitality Properties, Inc. (NYSE:RHP), please note the time for the earnings conference call was listed as 10:00 a.m. ET, but the conference call has been moved to 9:00 a.m. ET on the same day. The updated release follows: Ryman Hospitality Properties, Inc. (NYSE: RHP) (the “Company”), a lodging real estate investment trust (“REIT”) specializing in group-oriented, destination hotel assets in urban and resort markets, announced today that it will release its first quarter 2022 earnings results after the market closes on Monday, May 2, 2022. Management will hold a conference call to discuss the quarter’s results at 9:00 a.m. ET on Tuesday, May 3, 2022. To participate in the conference call, please dial 888-632-3384 and use...

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European Wax Center, Inc. Announces Special Cash Dividend

PLANO, Texas, April 11, 2022 (GLOBE NEWSWIRE) — European Wax Center, Inc. (NASDAQ:EWCZ), the largest and fastest-growing franchisor and operator of out-of-home waxing services in the United States, today announced that its Board of Directors has declared a special cash dividend of $3.30 per share to holders of Class A common stock and equivalent payments to unit holders of EWC Ventures, LLC funded in part by its completed whole business securitization, which included $400 million of senior fixed-rate term notes. David Berg, Chief Executive Officer of European Wax Center Inc., stated: “Today’s transaction underscores the strength of our business, including the recurring nature of our service model that generates strong free cash flow with an asset-light balance sheet. We are in a unique position to continue to fuel our growth while...

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