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Month: June 2022

Air France-KLM announces the success of its €2.256 billion rights issue

Roissy, June 14th2022 Air France-KLM announces the success of its €2.256 billion rights issueThe capital increase generated strong demand from existing and new investors, for a total amount of €2.6 billion The French and Dutch states participated to the full extent of their rights, to maintain their shareholdings unchanged, reiterating their confidence in Air France-KLM’s performance CMA CGM becomes a new strategic reference shareholder with a 9.0% stake in Air France-KLM’s share capital Net proceeds from the capital increase will be mostly used to accelerate State aid repayment and reduce related financial costs, as well as to reduce Air France-KLM’s indebtednessAir France–KLM (the “Company”) today announces that it has successfully completed its share capital increase with preferential subscription rights (the “Rights”) announced...

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NIO Inc. to Hold Product Launch Event on June 15, 2022

NIO Product Launch Event NIO Product Launch Event to be host on Wednesday June 15, 2022SHANGHAI, China, June 14, 2022 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it expects to host a NIO Product Launch Event on Wednesday June 15, 2022. The NIO Product Launch Event will start at 8:00 AM U.S. Eastern Time on June 15, 2022 (8:00 PM Beijing/Hong Kong/Singapore Time on June 15, 2022), and its livestream will be accessible on the following platforms: Mandarin Chinese: nio.cn, nio App Mandarin with English subtitles: nio.com, YouTube@NIO About NIO Inc. NIO Inc. is a pioneer and a leading company in the premium smart electric vehicle market. Founded in November 2014, NIO’s mission is to shape...

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KANZHUN LIMITED to Report First Quarter 2022 Results on June 20, 2022

BEIJING, June 13, 2022 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ), a leading online recruitment platform in China, today announced that it will report its unaudited consolidated results for the first quarter ended March 31, 2022, before the U.S. market open on Monday, June 20, 2022. The Company will host a conference call on Monday, June 20, 2022 at 8:00PM Beijing Time (8:00AM U.S. Eastern Time) to discuss the results. Participants are required to pre-register for the conference call at:http://apac.directeventreg.com/registration/event/9966786  Upon registration, participants will receive an email containing conference call dial-in details, a passcode, and a unique registrant ID. This information will allow you to gain immediate access to the call. Participants may pre-register at any time,...

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PureGold Announces Granting of Stock Options

VANCOUVER, British Columbia, June 13, 2022 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”), announces that the Board of Directors has approved the grant of an aggregate of 35,450,000 stock options for incentive and operational retention purposes, to senior mine site personnel, the executive management team, the Board of Directors and an outside technical advisor to the Company, pursuant to its Stock Option Plan. The stock options have an exercise price of $0.275 and expire after five years. About Pure Gold Mining Inc.PureGold is a Canadian gold mining company, located in the heart of Red Lake, Ontario, Canada. The Company owns and operates the PureGold Mine, which entered commercial production in 2021 after the successful construction of an 800 tpd underground mine and processing facilities....

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Cogent Biosciences Announces Pricing of Upsized Public Offering of Shares of Common Stock and Pre-funded Warrants

CAMBRIDGE, Mass. and BOULDER, Colo., June 13, 2022 (GLOBE NEWSWIRE) — Cogent Biosciences, Inc. (Nasdaq: COGT), a biotechnology company focused on developing precision therapies for genetically defined diseases, today announced the pricing of an underwritten public offering of 15,169,698 shares of its common stock, offered at a public offering price of $8.25 per share. In addition, in lieu of issuing common stock to certain investors, Cogent is offering pre-funded warrants to purchase 3,030,302 shares of its common stock at a purchase price of $8.24 per pre-funded warrant, which equals the public offering price per share of the common stock less the $0.01 exercise price per share of each pre-funded warrant. The aggregate gross proceeds to Cogent from this offering are expected to be approximately $150 million, before deducting underwriting...

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Three Valley Copper Announces MTV Files for Creditor Protection in Chile

TORONTO, June 13, 2022 (GLOBE NEWSWIRE) — (TSXV: TVC) (OTCQB: TVCCF) Three Valley Copper Corp. (“Three Valley Copper” or the “Company”) today announced that Minera Tres Valles SpA (“MTV”), the Company’s 95.1% Chilean copper mining subsidiary, has commenced reorganization proceedings by filing a Judicial Restructuring Procedure (“JRP”) in Chile to seek protection from creditors to give MTV a further opportunity to seek a long-term financing solution to ensure MTV’s continuity of operations. This is similar to filing for creditor protection under the Companies’ Creditors Arrangement Act in Canada. After careful consideration of all available alternatives following thorough consultation with its advisors, the Company and MTV determined that it was in the best interests of MTV to file for an application for creditor protection under...

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Global Consumer Acquisition Corp. Announces Extension of Completion Window to September 11, 2022

MARIETTA, GA, June 13, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Global Consumer Acquisition Corp. (NASDAQ: GACQU, GACQ, GACQW) (“GACQ” or the “Company”), a special purpose acquisition company, announced today that Global Consumer Acquisition LLC (the “Sponsor”), the Company’s initial public offering sponsor, has deposited into the Company’s trust account an aggregate of $1,826,300 (representing approximately $0.10 per share of GACQ’s common stock), in order to extend the period of time the Company has to complete a business combination for an additional three (3) months period, from June 11, 2022 to September 11, 2022. The Company issued a promissory note to Sponsor with a principal amount equal to the amount deposited on June 9, 2022. The promissory note bears no interest and can be repaid or converted into the Company’s units...

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Clover Doses First Participants in Phase 3 Trial Evaluating SCB-2019 as a Heterologous COVID-19 Booster Following Prior Vaccination with Inactivated, mRNA or Viral Vector Vaccines

  — Study to evaluate SCB-2019 (CpG 1018/Alum) as a heterologous booster in individuals previously vaccinated with CoronaVac™ (Sinovac Inactivated Vaccine), Comirnaty® (Pfizer mRNA Vaccine), and Vaxzevria® (AstraZeneca Viral Vector Vaccine) — — Safety & immunogenicity data expected for key 3rd dose booster groups (CoronaVac™ and Comirnaty®) in Q3-2022 and the 4th dose booster group (CoronaVac™) in Q4-2022 — — Study to expand dataset supporting the potential use of SCB-2019 (CpG 1018/Alum) as a universal COVID-19 booster vaccine — SHANGHAI, China, June 13, 2022 (GLOBE NEWSWIRE) — Clover Biopharmaceuticals, Ltd. (Clover; HKEX: 02197), a global clinical-stage biotechnology company developing novel vaccines and biologic therapeutic candidates, today announced the first participants have been...

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Inotiv, Inc. Announces Site Closures and Consolidation Plans

WEST LAFAYETTE, Ind., June 13, 2022 (GLOBE NEWSWIRE) — Inotiv, Inc. (NASDAQ: NOTV) (the “Company”, “We”, “Our” or “Inotiv”), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services and research models and related products and services, announces the closure of two Envigo RMS (“Envigo”) facilities in Virginia: a purpose-bred canine facility in Cumberland and a rodent breeding facility in Dublin as part of restructuring activities following its acquisition of Envigo RMS LLC in November 2021. Robert Leasure, Jr., Inotiv’s President and Chief Executive Officer commented, “Since the Envigo acquisition in November 2021, the Cumberland, Virginia, facility was recognized as needing improvements and investments. Inotiv has been pleased with the continued and significant...

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LGI Homes Announces the Grand Opening of Logan Square in the Dallas-Fort Worth Market

Logan Square Features Stunning, New Homes in Fort Worth Priced from the $290sThe Driftwood plan is a beautiful, two-story home by LGI Homes. The Driftwood plan is a spacious , single-family home with five bedrooms, an open family room, chef-ready kitchen and a host of impressive, included upgrades.FORT WORTH, Texas, June 13, 2022 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced the grand opening of Logan Square, a brand-new community located near downtown Fort Worth, Texas. This community offers spacious, single-family homes situated near major employers, great shopping and dining opportunities, local schools and incredible area amenities. At Logan Square, LGI Homes is offering a lineup of five of their most popular single-family plans. Ranging in size from 1,316 square feet with three bedrooms and two baths,...

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