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Month: June 2022

Dynacor Reports Sales of US$19.5 Million (C$25.1 Million) for May 2022, a 24.2% Increase Compared to 2021

MONTREAL, June 15, 2022 (GLOBE NEWSWIRE) — Dynacor Gold Mines Inc. (TSX-DNG) (Dynacor or the “Corporation”), an international gold ore industrial corporation servicing ASMs (artisanal and small-scale miners), today announces sales of US$19.5 million (unaudited) (C$25.1 million) (1) for May 2022 compared to US$15.7 million in May 2021, a 24.2% increase over last year and a 10.8% month-over-month increase from the previous month sales. During May, the Veta Dorada plant continued working at its full 430 tpd production capacity. The average selling price of gold per ounce in May was US$1,845/oz compared to US$1,873/oz in May of last year. The 2022 cumulative sales at the end of May amount to US$87.2 million compared to US$69.2 million for the same period in 2021, a 26.0% increase. For 2022, the Corporation forecasted sales...

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NFI Group Inc. Announces Second Quarter 2022 Dividend

WINNIPEG, Manitoba, June 15, 2022 (GLOBE NEWSWIRE) — (TSX: NFI, OTC: NFYEF; TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, today declared a quarterly dividend for the period April 1, 2022 to June 30, 2022 on the common shares of the Company (the “Shares”) in the amount of C$0.0531 per Share to holders of record at the close of business on June 30, 2022. The dividend will be payable on July 15, 2022. The dividends on the Shares are designated as “eligible dividends” for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation. About NFI Leveraging 450 years of combined experience, NFI is leading the electrification of mass mobility...

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Kinross completes sale of Russian assets

(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, June 15, 2022 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) announced today that it has completed the sale of 100% of its Russian assets to the Highland Gold Mining group of companies for total consideration of $340 million in cash. Kinross has received $300 million in U.S. denominated cash in its corporate account and will receive a deferred payment of $40 million on the one-year anniversary of closing. As disclosed on April 5, 2022, the previously agreed total consideration for the transaction was $680 million, which included a payment of $100 million upon closing, with the remaining $580 million scheduled to be received in annual payments from 2023 through to 2027. The transaction consideration was adjusted by the...

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ALPHAMIN OPERATIONS UNAFFECTED BY RECENT CLOSURE OF BUNAGANA BORDER POST WITH UGANDA

GRAND BAIE, MAURITIUS, June 15, 2022 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, “Alphamin”, or the “Company”) commented on the recent closure of the Bunagana border post with Uganda, located 60km north-east of Goma, the capital of the North-Kivu province of the DRC, which has been closed following recent clashes between rebels and DRC government forces in the area. The recent closure of the Bunagana border post has no impact on the Company’s operations. All Alphamin exports cross the Aru and Mahagi border posts with Uganda which are some 1000km north of the Bunagana town and do not transit through or close to Bunagana. FOR MORE INFORMATION, PLEASE CONTACT: Maritz Smith                                CEO                        Alphamin Resources Corp.                        Tel: +230 269 4166E-mail: msmith@alphaminresources.com Neither...

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Oyster Point Pharma Research Selected for Top 5 Poster Session at American Optometric Association’s Optometry’s Meeting®

Scientific Poster Examines Effects of Treatment in Broad Spectrum of Dry Eye Disease Patients PRINCETON, N.J., June 15, 2022 (GLOBE NEWSWIRE) — Oyster Point Pharma, Inc. (Nasdaq: OYST), a commercial-stage biopharmaceutical company focused on the discovery, development, and commercialization of first-in-class pharmaceutical therapies to treat ophthalmic diseases, today announced that a scientific poster featuring data from pivotal clinical trials of TYRVAYA® (varenicline solution) Nasal Spray has been selected for the Top 5 Poster Session at the American Optometric Association’s Optometry’s Meeting® being held on June 15-18 in Chicago, Illinois. “Oyster Point is honored to be recognized at this year’s Optometry’s Meeting with a distinction that is reserved for the year’s top five scientific abstracts, among nearly...

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Oncology Clinical Trial Execs to Increase Decentralization, Science 37 Survey Indicates

Almost three in four (73%) oncology research executives plan to execute either a fully decentralized or hybrid clinical trial in the next 12 months RESEARCH TRIANGLE PARK, N.C., June 15, 2022 (GLOBE NEWSWIRE) — Science 37 Holdings, Inc. (Nasdaq: SNCE), the Agile Clinical Trial Operating System™, today published new data from oncology clinical research executives, indicating three-quarters of all planned new oncology study starts over the next 12 months will include elements of decentralization. Globally, there are already more than 3,7001 active oncology clinical trials, with research and development spending projected to top US$70 billion2 in 2022 alone—accounting for around one-third3 of all drug R&D budgets this year. According to projections, by 2026, we could see more than 10,5004 oncology clinical trials. “We are experiencing...

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Allied and RioCan Announce 98% Lease-Up of Office Space at The Well

TORONTO, June 15, 2022 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”)(TSX:AP.UN) and RioCan Real Estate Investment Trust (“RioCan”)(TSX:REI.UN) today announced that the office component of The Well is now 98% leased to 15 knowledge-based organizations. A leading technology organization has agreed to lease 89,964 square feet of GLA for a term of 12 years commencing November 1, 2023, leaving 29,886 square feet of GLA comprising a single floor to be leased. The organization selected The Well with a view to attracting, motivating and retaining the talent necessary to propel its successful and growing technology business. “This is an important milestone in completing the premiere mixed-use urban development in Toronto,” said Michael Emory, Allied’s President and CEO. “The Well has become a large-scale success...

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With 23.4% CAGR, Everything as a Service Market Worth USD 2378.07 Billion by 2029

According to Fortune Business Insights, the global everything as a service market size is projected to reach USD 2378.07 billion in 2029, at a CAGR of 23.4% during the forecast period Pune, India, June 15, 2022 (GLOBE NEWSWIRE) — The global everything as a service (XaaS) market size was USD 436.82 billion in 2021. The market size is expected to rise from USD 545.35 billion in 2022 to USD 2,378.07 billion by 2029 at a CAGR of 23.4% during the forecast period. Fortune Business Insights™ publishes this information in a report titled, “Everything as a Service (XaaS) Market, 2022-2029”. As per the report, the market is projected to grow during the projected period due to increasing adoption of the subscription-based pricing model. Key Industry Development: April 2022: Salesforce launched Customer Relationship Management...

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With 6.8% CAGR, Video Surveillance Market Size Worth USD 33.60 billion in 2026

According to Fortune Business Insights, the global Video Surveillance Market size is projected to reach USD 33.60 billion in 2026, at a CAGR of 6.8% during forecast period; Development of Facial Recognition Applications to Favour Growth Pune, India, June 15, 2022 (GLOBE NEWSWIRE) — The global video surveillance market is likely to gain momentum from the increasing usage of deep learning technology. It helps in lowering calibration of algorithms and facilitating video analytics. Therefore, it is capable of driving the usage of video surveillance software in the near future. This information is given in a recently published report by Fortune Business Insights™, titled, Forecast, 2021-2026.” The report further mentions that that the video surveillance market size was USD 19.12 billion in 2018 and is projected to reach USD 33.60 billion by...

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Sono Motors Cooperates With Logistics Provider Rhenus to Optimize Solar Technology

Sono Motors Cooperates With Logistics Provider Rhenus to Optimize Solar Technology Sono Motors Cooperates With Logistics Provider Rhenus to Optimize Solar TechnologyRhenus Group Test Vehicle Equipped With Sono Solar Metrology Extensive Data Collection for Further Optimization of the Tested Solar Solution Rhenus Van in Use in Berlin, Brandenburg and Mecklenburg-VorpommernBERLIN and MUNICH, Germany, June 15, 2022 (GLOBE NEWSWIRE) — Sono Motors, the company that aims to revolutionize the future of solar-powered transportation, is working with the Rhenus Group, one of the world’s leading logistics service providers with annual sales of €7.0 billion, on the use of smart solar technology in last-mile logistics. The aim of the cooperation is to collect extensive solar data in real-world operation on the road to further optimize...

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