Month: May 2022

All amounts expressed in US dollars DAR ES SALAAM, Tanzania, May 27, 2022 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) announced today that it would spend $6 for every ounce of gold sold by its two mines in the country on improving healthcare, education, infrastructure and access to potable water in the communities around them. At the same time, it has committed up to $70 million for investment in value-adding national projects, including mining-related training, skills development and scientific facilities at Tanzanian universities, as well as road infrastructure. This is in accordance with the conditions underlying Barrick’s framework agreement with the government, which included the establishment of their Twiga joint venture. Twiga oversees a 50/50 split of the economic benefits generated by the mines as...

Figure 1 El Camino PropertyVANCOUVER, British Columbia, May 27, 2022 (GLOBE NEWSWIRE) — Aldebaran Resources Inc. (“Aldebaran” or the “Company”) (TSX-V: ALDE, OTCQX: ADBRF) announces that it has optioned its 100% owned El Camino II claim, located in Salta, Argentina to NOA Lithium Brines S.A (“NOA”), a private company based in Argentina, for total consideration of US$1,200,000 to be paid over a two year period, a 1% NSR on the property and a conditional US$1,000,000 payment. NOA will have the right to earn a 100% interest in the El Camino II claim by completing the following:Cash payments by NOA to Aldebaran:Upon signing – US$75,000 6-month anniversary – US$100,000 12-month anniversary – US$150,000 18-month anniversary – US$350,000 24-month anniversary – US$525,000Upon completing the cash...

BEIJING, May 27, 2022 (GLOBE NEWSWIRE) — Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has hired Mr. Lei Gu as the strategic advisor to lead development of its new energy vehicle business. Before joining Kaixin, Mr. Gu was senior technical expert with Ford Motor and had served as CTO and vice president of BAIC Motor, a Fortune 500 company, president of BAIC Motor Engineering Research Institute, board director and CEO of BAIC and Mercedes Benz Technology Center, president of Chery Automobile Engineering Research Institute, and president of Linktour Motor. He earned a Ph.D from Northwestern University and a Ph.D from University of Science and Technology of China as well. Mr. Mingjun Lin, Chairman and CEO of Kaixin, said: “The development of our new energy vehicles strategy needs top...

LATHAM, N.Y., May 27, 2022 (GLOBE NEWSWIRE) — Latham Group, Inc. (“Latham” or “the Company”) (Nasdaq: SWIM), the largest designer, manufacturer and marketer of in-ground residential swimming pools in North America, Australia and New Zealand, today announced it will be participating in investor meetings at the following conferences: KeyBanc Capital Markets Industrial & Basic Materials Conference Date: Wednesday, June 1, 2022Location: InterContinental Boston, Boston, MACompany Participants: Scott Rajeski, President & Chief Executive Officer and Mark Borseth, Chief Financial Officer William Blair 42nd Annual Growth Stock ConferenceDate: Tuesday, June 7, 2022Location: Loews Chicago Hotel, Chicago, IL Presentation: 2:40 PM CTCompany Participants: Scott Rajeski, President & Chief Executive Officer and Mark Borseth, Chief...

EHang and C.P. Group Form Strategic Partnership to Introduce Autonomous Aerial Vehicles to Thailand for Urban Air Mobility Image: Li Wenhai, Vice President of C.P. Group, and Xin Fang, Chief Operating Officer of EHang, attended the strategic partnership signing ceremonyEHang and C.P. Group Form Strategic Partnership to Introduce Autonomous Aerial Vehicles to Thailand for Urban Air Mobility Image: Thanakorn Seriburi, Senior Vice Chairman of C.P. Group, delivered a video speech at the signing ceremonyGUANGZHOU, China, May 27, 2022 (GLOBE NEWSWIRE) — EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading autonomous aerial vehicle (“AAV”) technology platform company, announced it has formed a strategic partnership with Charoen Pokphand Group Co., Ltd. (“C.P. Group”), one of the largest conglomerates...

A Confirmed Partial Response in GEJ Patient, Stable Disease demonstrated in 75% of patients with mutated-KRAS colon cancerREHOVOT, Israel, May 27, 2022 (GLOBE NEWSWIRE) — Purple Biotech Ltd. (“Purple Biotech”, or the “Company”) (NASDAQ/TASE: PPBT), a clinical-stage company focused on developing first-in-class, effective and durable therapies by harnessing the power of the tumor microenvironment to overcoming tumor immune evasion and drug resistance, today announced positive interim safety and efficacy data from the Phase 1 study of NT219 in adults with advanced solid tumors. Findings will be presented during the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting as a poster presentation during the Developmental Therapeutics—Molecularly Targeted Agents and Tumor Biology track (Abstract #3096)....

NEW YORK, May 27, 2022 (GLOBE NEWSWIRE) — XCPCNL Business Services Corporation (OTC Pink: XCPL), a holding company with a professional suite of cutting edge marketing and high impact sale-enablement services for businesses, is pleased to announce that it has signed a Letter of Intent to acquire Mcap Media, Inc. and its wholly-owned subsidiary www.McapMediaWire.com, a premier provider of multimedia communications, digital media solutions, and financial disclosure service for microcap and exchange-listed companies and their investors. Mcap Mediawire is an established multimedia/publishing firm with services that have generated year over year growth since 2017, including revenues of ~$1.2MM from Feb 2021 to Feb 2022 and growing.  “Bringing XCLP and Mcap Mediawire together will enable communicators to turn data into actionable...

PERRYSBURG, OH, May 27, 2022 (GLOBE NEWSWIRE) —Plan of Reorganization confirmed by U.S. Bankruptcy Court  Plan received overwhelming support of Paddock’s asbestos Claimants with more than 99 percent voting in favor  The O-I Glass subsidiary expects to emerge from Chapter 11 in mid-2022 Today, Paddock Enterprises, LLC (“Paddock”), a wholly owned subsidiary of O-I Glass, Inc. (“O-I Glass”), announced that an order confirming its Plan of Reorganization (the “Plan”) was entered by the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”), paving way to the implementation of the Plan and the final stage in the Chapter 11 process.  “We are pleased to have achieved this significant milestone resolving Paddock’s legacy liabilities in a manner that is fair and equitable, and provides finality for the...