Day: June 11, 2024

NFI subsidiary Alexander Dennis announces contract with Reading Buses for 53 buses including next-generation Enviro400EV electrics

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LARBERT, United Kingdom, June 11, 2024 (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, subsidiary Alexander Dennis Limited (Alexander Dennis) today announced that it has confirmed new orders for 24 zero-emission and 29 low-emission buses for English bus operator Reading Buses. The 24 next-generation Alexander Dennis Enviro400EV double deckers will be the operator’s first batch of electric buses. They are the result of a successful bid with Reading Borough Council for funding from the second round of the UK Government’s Zero-Emission Regional Bus Areas scheme (ZEBRA 2). Fitted with the heavy-duty variant of the Voith Electrical Drive System (VEDS) and utilizing high-performance batteries...

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Kaltura Announces Stock Repurchase Program

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NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) — Kaltura, Inc. (“Kaltura” or the “Company”) (Nasdaq: KLTR), the Video Experience Cloud, today announced that its Board of Directors has authorized a stock repurchase program for up to $5 million of the Company’s common stock. “This repurchase authorization underscores the Board and Management’s strong conviction that our current share price is undervalued relative to our long-term opportunity. We remain committed to strategically deploying capital where we believe it can generate shareholder value,” said Ron Yekutiel, Chairman, President and Chief Executive Officer. Under the program, the Company may make repurchases, from time to time, through open market purchases, block trades, in privately negotiated transactions, accelerated stock repurchase transactions, or by other means. Open market...

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Akero Therapeutics Announces Initiation of Phase 3 SYNCHRONY Outcomes Trial of Efruxifermin in Patients with Compensated Cirrhosis (F4) Due to MASH

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SOUTH SAN FRANCISCO, Calif., June 11, 2024 (GLOBE NEWSWIRE) — Akero Therapeutics, Inc. (Nasdaq: AKRO), a clinical-stage company developing transformational treatments for patients with serious metabolic diseases marked by high unmet medical need, today announced initiation of the SYNCHRONY Outcomes study, a Phase 3 trial evaluating the efficacy and safety of efruxifermin (EFX) in patients with compensated cirrhosis, fibrosis stage 4 (F4) due to metabolic dysfunction-associated steatohepatitis (MASH). “Patients with compensated cirrhosis represent the greatest unmet need among MASH patients due to increased risk of progression to liver failure, hepatocellular carcinoma or death,” said Kitty Yale, chief development officer of Akero. “Based on the encouraging week 36 results of our Phase 2b SYMMETRY study in patients with compensated...

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UK Businesses Fail to Unlock the Full Potential of their Employees, Survey Finds

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The 2024 Kelly Global Re:work Report is now available. Discover what C-suite executives and employees at all levels think about the world of work today—and of the future. Get your copy here: https://mykelly.me/3KCrwk0 UK executives most likely to say they are failing to unlock workforce potential UK businesses least confident in their ability to recruit specialised talent Lack of skills development and career opportunities top frustrations for UK workers LONDON, June 11, 2024 (GLOBE NEWSWIRE) — Businesses in the United Kingdom are most likely to say they are failing to unlock the full potential of their employees and poor workforce planning is holding back growth for most organisations, a survey conducted in 13 countries by specialty talent solutions provider Kelly has found. The 2024 Kelly Global Re:work...

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Losing Talent in the Age of AI: Global Survey Finds Businesses Fail to Unlock the Full Potential of their Employees

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Kelly report discovers most talent strategies are ineffective, identifies workforce leaders defying trends The 2024 Kelly Global Re:work Report is now available. Discover what C-suite executives and employees at all levels think about the world of work today—and of the future. Get your copy here: https://mykelly.me/3KCrwk0 TROY, Mich., June 11, 2024 (GLOBE NEWSWIRE) — Businesses are failing to unlock the full potential of their employees and poor workforce planning is holding back growth for most organizations, a global survey by specialty talent solutions provider Kelly has found. The 2024 Kelly Global Re:work Report reveals executives are turning to artificial intelligence (AI) and automation to solve these challenges but struggle to implement digital strategies effectively and neglect to offer adequate training...

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Solaris Reports 81m of 0.73% CuEq within 544m of 0.50% CuEq from Surface; Announces Major Expansion of 2024 Drill Program Supported by Record Productivity

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VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) — Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) (“Solaris” or the “Company”) is pleased to report additional drill results as its 2024 drilling program ramps up and a major expansion of planned meterage from 30km to 60km in this program. The expansion of the 2024 drilling program is supported by the closing of its recent financing and significant productivity improvements from past infrastructure investments and improved logistics and processes at its Warintza Project (“Warintza” or “the Project”) in southeastern Ecuador. Highlights are listed below, with a corresponding image in Figure 1 and results in Tables 1-2. Highlights Latest drilling results include SLSE-33, collared on the southern margin of Warintza Southeast and drilled at a steep inclination northeast, returning...

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Applied Optoelectronics Set to Join Russell 3000® Index

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SUGAR LAND, Texas, June 11, 2024 (GLOBE NEWSWIRE) — Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1st, according to a preliminary list of additions posted Friday, May 24th. The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap...

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West Red Lake Gold Intersects 16.69 g/t Au over 8m, 6.17 g/t Au over 17.83m and 7.48 g/t Au over 12m at South Austin Zone – Madsen Mine

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VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada. The drill results featured in this news release are focused on the high-grade South Austin Zone, which currently contains an Indicated mineral resource of 474,600 ounces (“oz”) grading 8.7 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 31,800 oz grading 8.7 g/t Au. The purpose of this drilling was definition within South Austin to continue building an inventory of high-confidence ounces for the eventual restart of production at the Madsen mine. HIGHLIGHTS: Hole MM24D-09-4068-012 Intersected 8m @...

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PyroGenesis Signs Contracts Totaling $2.5 Million to Deliver Greenhouse Gas-Reducing System for Major North American Biofuel Project

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System to be Part of the $1 Billion Varennes Carbon Recycling Plant MONTREAL, June 11, 2024 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX:PYR) (OTCQX:PYRGF) (FRA:8PY), a high-tech company (the “Company” or “PyroGenesis”) that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG), is pleased to announce that its subsidiary, Pyro Green-Gas Inc. (“Pyro Green-Gas”), has signed contracts totaling $2.5 million (US1.8 million) for engineering, design, and fabrication of a thermal swing adsorption (“TSA”) system for the dehydration of pure oxygen produced from electrolyzers at the Varennes Carbon Recycling (“VCR”) plant – a large biofuel production project currently under construction in Varennes, Quebec. The $1...

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LSL Pharma Group Announces Engagement of Red Cloud Securities

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BOUCHERVILLE, Quebec, June 11, 2024 (GLOBE NEWSWIRE) — LSL PHARMA GROUP INC. (TSXV: LSL) (the “Corporation” or “LSL Pharma “), a Canadian integrated pharmaceutical company, announces that, subject to regulatory approval, it has retained, effective June 10, 2024, Red Cloud Securities (“Red Cloud”) to provide market stability and liquidity services to the Corporation in compliance with the policies and guidelines of the TSX Venture Exchange (“TSX-V”) and other applicable legislation. Red Cloud is a 100%, principal-owned Canadian Toronto-based financial services company that helps life science, biotech, as well as mining companies with accessing capital markets and enhancing their corporate profile. Red Cloud will trade shares of LSL Pharma on the TSX-V for the purposes of maintaining a reasonable market and...

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