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Month: January 2023

Asante Announces Significant Gold Intercepts From Its Near Mine Exploration Program at South Russel and Aboduabo Prospects

Figure 1 Aeromagnetic map of the Bibiani – Chirano Gold Corridor, principal Asante gold deposits and recent significant intercepts at the South Russel and Aboduabo prospects.Figure 2 Plan view map of the South Russel (mine grid) showing collar locations and selected intercepts.Figure 3 South Russel – Geology cross-section looking north (mine grid) showing recent drill intercepts and planned follow-up holes.Figure 4 Plan view map of Aboduabo showing collar locations and selected intercepts with recent drill results in red text.Figure 5 Aboduabo – cross-section looking north showing historical and recent drill intercepts.VANCOUVER, British Columbia, Jan. 17, 2023 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) is pleased...

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AS Tallinna Vesi signed a contract for the construction of a combined heat and power plant on the Wastewater Treatment Plant in Paljassaare

AS Tallinna Vesi signed a contract with Filter Solutions OÜ on 30.12.2022 for the construction of a combined heat and power plant (CHP) on the Wastewater Treatment Plant at Paljassaare, which will help to reduce the cost of heat and electricity by using biogas generated in the wastewater treatment process. The cost for the construction of the new CHP complex is approximately EUR 2.4 million and the plant is expected to be launched at the end of 2023. The contract with the Solutions OÜ also includes maintenance during the warranty period. Biogas, which is generated in the Wastewater Treatment Plant during the stabilisation of sewage sludge, can be used to produce electricity in addition to the production of heat once the combined heat and power plant is launched. “This is a very environment friendly way of producing energy that allows to...

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Product Analytics Market Worth USD 16.59 Billion by 2028 | Report by Fortune Business Insights

As per the report by Fortune Business Insights, the global Product Analytics Market size is projected to reach USD 16.59 Billion in 2028, at a CAGR of 15.9% during the forecast period, 2021-2028 Pune,India, Jan. 17, 2023 (GLOBE NEWSWIRE) — The global Product Analytics Market Size was valued at USD 5.25 billion in 2020. The market is projected to rise from USD 5.93 billion in 2021 to USD 16.69 billion by 2028 at a 15.9% CAGR during the forecast period 2021-2028. Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled, “Product Analytics Market, Forecast, 2023-2028.” According to the study, the demand for product analytics software will be pronounced across media, e-commerce and fintech sectors. The expanding penetration of the software analytics service and tools will boost customer...

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Alpha Lithium Granted Drilling Licenses for Hombre Muerto Salar in Argentina

Company expects to immediately commence drilling on its second major lithium asset in Salta Province, Argentina VANCOUVER, British Columbia, Jan. 17, 2023 (GLOBE NEWSWIRE) — Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) (“Alpha” or the “Company”), a company with two large, undeveloped lithium assets in the Salta region of Argentina, is pleased to report that it has received licenses to commence exploration operations on its properties in the Salar del Hombre Muerto (“Hombre Muerto”) in Argentina. The Company is already performing the mandatory health and safety checks of the rig and crew on the initial drilling rig, which it expects to mobilize to commence drilling before the end of this month. Alpha has secured a second drilling rig, which is s expected to join the ongoing operation as soon as possible...

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Biometric System Market Size Worth USD 76.70 Billion by 2029 | Report by Fortune Business Insights

According to Fortune Business Insights, the global biometric system market size is projected to reach USD 76.70 Billion in 2029, at a CAGR of 13.9% during the forecast period, 2022-2029 Pune, India, Jan. 17, 2023 (GLOBE NEWSWIRE) — The global biometric system market size was valued at USD 29.09 billion in 2021 and USD 30.77 billion in 2022. The market is expected to reach USD 76.70 billion by 2029 with a CAGR of 13.9% during the forecast period. Rise in demand of biometric technology for authentication in e-commerce and retail to boost the product demand. Increasing demand for surveillance and security owing to the increasing number of criminal activities is set to drive market growth. Usage of biometric data for making passwords for laptops, phones, and computers is anticipated to propel the market progression. Fortune Business...

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Smart Display Market Size Worth USD 22.02 Billion by 2029 | Report by Fortune Business Insights

According to Fortune Business Insights, the global Smart Display Market size is projected to reach USD 22.02 billion by 2029, at a CAGR of 21.0% during the forecast period, 2022-2029 Pune, India, Jan. 17, 2023 (GLOBE NEWSWIRE) — The global smart display market size was valued at USD 5.12 billion in 2021. The market is expected to grow from USD 5.78 billion in 2022 to USD 22.02 billion by 2029, exhibiting a CAGR of 21.0% during the forecast period. Increasing demand for smart mirrors and touchless operations in the automotive sector is expected to foster market progress. Fortune Business Insights™ shares this information in its report titled “Smart Display Market Forecast, 2023-2029.” Key Industry Development Xiaomi, Inc. announced its novel product, smart home display 6. The smart device includes a 2-megapixel camera and...

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Immuron Receives European Patent on Drug Composition to Treat Clostridioides difficile Associated Disease

MELBOURNE, Australia, Jan. 17, 2023 (GLOBE NEWSWIRE) — Immuron Limited (ASX: IMC; NASDAQ: IMRN), an Australian based and globally integrated biopharmaceutical company that has developed two commercially available oral immunotherapeutic products for the treatment of gut mediated diseases, is pleased to announce that has been granted a European Patent for compositions and methods for the treatment and/or prophylaxis of Clostridioides difficile associated disease. Notification of the decision to grant European Patent 14784945.9, entitled “Methods and Compositions for the treatment and/or prophylaxis of Clostridium difficile associated disease,” was formally received yesterday, and grant of this application will be published in the European Patent Bulletin on 25 January 2023 under European Patent No. 2986316. The company previously...

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Calyxt and Cibus Announce the Signing of a Definitive Merger Agreement

NEW YORK, Jan. 17, 2023 (GLOBE NEWSWIRE) — Cellectis (Euronext Growth: ALCLS – Nasdaq: CLLS), a clinical-stage biotechnology company using its gene editing platform to deliver life-saving cell and gene therapies, announced today that Cibus Global LLC, a Delaware limited liability company (“Cibus”), and Calyxt, Inc. (NASDAQ: CLXT) (“Calyxt”), announced that Calyxt and Calypso Merger Subsidiary, LLC, a Delaware limited liability company and wholly-owned subsidiary of Calyxt, entered into an Agreement and Plan of Merger with Cibus and certain other parties named therein (the “Merger Agreement”), pursuant to which, subject to the terms and conditions thereof, Calyxt and Cibus will merge in an all-stock transaction. The transaction combines two companies in agriculture-based gene editing, with facilities for trait development...

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Arhaus to Report Fourth Quarter and Full Year 2022 Financial Results on March 9, 2023

BOSTON HEIGHTS, Ohio, Jan. 17, 2023 (GLOBE NEWSWIRE) — Arhaus (NASDAQ: ARHS), a rapidly growing lifestyle brand and omni-channel retailer of premium artisan-crafted home furnishings, will release its fourth quarter and full year 2022 financial results before market open on Thursday, March 9, 2023. The Company will host a conference call at 8:30 a.m. Eastern Time the same day to review its financial and operational results and answer questions from the investment community. Investors will be able to access the press release and conference call webcast on the Company’s website, http://ir.arhaus.com. Details for the conference call follow:Date:        Thursday, March 9, 2023Time:        8:30 a.m. Eastern Time To listen via the internet:The call will be webcast on the Investor Relations section of the Company’s website, http://ir.arhaus.com. To...

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Goodfood Reports First Quarter Gross Margin of 35.6% and Reaffirms Expectation of Positive Adjusted EBITDA1 Next Quarter Following an 85% Year-over-Year Improvement this Quarter

Net sales of $47 million for the quarter, a 39% decrease compared to the same quarter last year Record quarterly gross margin of 35.6%, an improvement of 11.6% compared to the same period last year, with Adjusted gross margin1 coming in at 36.9%, when excluding inventory write-offs related to discontinuing Goodfood On-Demand Net loss for the quarter was $12 million, including $2 million of non-recurring charges, an improvement of $10 million compared to $22 million in the same period in 2022 Adjusted EBITDA1 loss of $2 million for the quarter, an 85% improvement compared to a loss of $15 million in the same quarter of the prior year Cash used in Operating activities for the quarter was $6 million, including $2 million cash impact of reorganization and related costs, versus cash used of $19 million for the same period last year Reaffirming...

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