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Day: September 23, 2024

IREN achieves 20 EH/s milestone

On track for 31 EH/s SYDNEY, Australia, Sept. 23, 2024 (GLOBE NEWSWIRE) — Iris Energy Limited (NASDAQ: IREN) (together with its subsidiaries, “IREN”) today provided a business update. “We are pleased to announce that we’ve reached our 20 EH/s milestone ahead of schedule. This achievement reflects the hard work of our global team. Thank you for your dedication and efforts in making this happen,” said Daniel Roberts, Co-Founder and Co-CEO of IREN. “We look forward to continuing this momentum as we expand to over 30 EH/s in the next three months.” IREN achieves 20 EH/s milestone IREN has increased its installed capacity to 20 EH/s (16 J/TH efficiency). Through optimization of its existing data center infrastructure, IREN now expects to increase its installed capacity to 21 EH/s in the coming days. On track for 31 EH/s in 4Q 2024 Childress...

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Zevra’s MIPLYFFA™ (arimoclomol) Receives Approval from U.S. Food and Drug Administration for Use in Patients with Niemann-Pick Disease Type C (NPC)

MIPLYFFA™ is the first therapy approved for use in patients with NPC, a rare genetic disorder XOMA Royalty is entitled to receive a mid-single digit royalty on MIPLYFFA™ sales and up to $52.6 million in milestones MIPLYFFA™ is now the sixth commercial asset in XOMA Royalty’s portfolio EMERYVILLE, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) — XOMA Royalty Corporation (NASDAQ: XOMA), the biotech royalty aggregator, announced today Zevra Therapeutics has received approval from the U.S. Food and Drug Administration (FDA) for MIPLYFFA™ (arimoclomol).  MIPLYFFA™ is approved for use in combination with miglustat for the treatment of neurological manifestations of Niemann-Pick disease type C (NPC) in adult and pediatric patients two years of age and older.  It is the sixth commercial asset in XOMA Royalty’s...

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Signing Day Sports Identifies Synergies from Acquisition of Swifty Global, Expected to Drive Accelerated Revenue Growth, Cost Savings, and Global Expansion

Signing Day Sports convertible notes fully extinguished, removing $0.6 million of liabilities from its balance sheet and marking major step towards restructuring for growth SCOTTSDALE, Arizona, Sept. 23, 2024 (GLOBE NEWSWIRE) — Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”) (NYSE American: SGN), the developer of the Signing Day Sports app and platform to aid high school athletes in the recruitment process, today provided an update regarding its financial position and its plans to acquire Dear Cashmere Group Holding Company (OTC:DRCR), doing business as Swifty Global (“Swifty”), highlighting the strategic and financial synergies that are expected to drive accelerated growth and operational efficiency for both companies. Extinguishment of Convertible Notes As of September 23, 2024, the outstanding convertible senior...

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Kraken Robotics Receives $3 Million in Orders for Synthetic Aperture Sonar Systems

ST. JOHN’S, Newfoundland and Labrador, Sept. 23, 2024 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (“Kraken” or the “Company”) (TSX-V: PNG, OTCQB: KRKNF) is pleased to announce that it has received several orders totaling approximately $3 million for Miniature Synthetic Aperture Sonar (MINSAS) systems from three separate customers. “In the current geopolitical environment, we are seeing an increased need for synthetic aperture sonar systems to be used in mine countermeasure operations,” said Greg Reid, President and CEO of Kraken. “We’re increasing our inventory to be able to more quickly respond to this need, enabling navies worldwide to collect critical data for accurate and efficient decision-making.” The Man-Portable SAS (MP-SAS) and MINSAS 120 systems have been ordered for integration on uncrewed underwater vehicles for international...

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Azimut and KGHM Announce a High-Grade Nickel Discovery on the Kukamas Property, James Bay Region, Quebec

2.98% Ni, 0.32% Cu and 2.25 g/t PGE over 8.0 m and 1.10% Ni, 0.15% Cu and 1.02 g/t PGE over 9.0 m in channels LONGUEUIL, Quebec, Sept. 23, 2024 (GLOBE NEWSWIRE) — Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce the discovery of a high-grade nickel zone (“Perseus”) on the Kukamas Property (the “Property”) in the Eeyou Istchee James Bay (“James Bay”) region of Quebec. The prospecting discovery, which includes significant copper and platinum group element (“PGE”) grades, is still at an early stage but provides an exciting outlook for the project. Additional work is ongoing to further delineate the zone, including a magnetic and electromagnetic (“EM”) ground survey. Budgeting and planning are underway to initiate a maiden drilling program. The Perseus Zone is associated with an...

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XOMA Royalty Declares Quarterly Preferred Stock Dividends

 EMERYVILLE, Calif., Sept. 23, 2024 (GLOBE NEWSWIRE) — XOMA Royalty Corporation (Nasdaq: XOMA) (“XOMA” or the “Company”) today announced its Board of Directors has authorized the following cash dividends to holders of XOMA’s Series A and Series B Cumulative Preferred Stock: Holders of the 8.625% Series A Cumulative Perpetual Preferred Stock (Nasdaq: XOMAP) shall receive a cash dividend equal to $0.53906 per share.   Holders of depositary shares, each representing 1/1000 of a share of XOMA’s 8.375% Series B Cumulative Perpetual Preferred Stock (Nasdaq: XOMAO), shall receive a cash dividend equal to $0.52344 per depositary share.   The preferred dividends will be paid on or about October 15, 2024, to respective holders of record at the close of business on October 3, 2024.   About XOMA Royalty CorporationXOMA Royalty is a biotechnology...

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Apollo Silver to Option Cinco de Mayo Project, Chihuahua, Mexico

VANCOUVER, British Columbia, Sept. 23, 2024 (GLOBE NEWSWIRE) — Apollo Silver Corp. (“Apollo Silver” or the “Company”) (TSX.V:APGO, OTCQB:APGOF, Frankfurt:6ZF0) has entered into an exploration, earn-in and option agreement (the “Option Agreement”), dated effective September 20, 2024, with MAG Silver Corp. (“MAG”) (TSX:MAG) and its subsidiary, Minera Pozo Seco, S.A. de C.V. (“MPS”), pursuant to which Apollo Silver has the option (the “Transaction”) to acquire the Cinco de Mayo Project (the “Project” or “Cinco de Mayo”). “This is an exciting time for Apollo Silver as the addition of Cinco de Mayo marks the beginning of our transformation as a Company. We have successfully mitigated single asset risk by now boasting a portfolio of two exciting projects in two pro-mining jurisdictions,” commented Chairman and Interim CEO, Andrew Bowering....

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Tryg A/S – Q3 2024 pre-silent newsletter

Tryg will host pre-close analysts calls and meetings during the week that starts on September 23 ahead of the Q3 2024 results to be published on October 11. Tryg has decided to publish a quarterly newsletter, ahead of the pre-silent period, to remind capital markets participants about the most important items impacting the company’s financial performance. The newsletter is also in alignment with recent ESMA (European Securities and Markets Authority) guidance on the topic.Tryg derives approximately 20% of the revenue from Norway and 30% from Sweden, the average expected NOK/DKK exchange rate is in Q3 2024 around 64.1 (Q3 2023 64.77) while the average expected SEK/DKK exchange rate is around 65.2 (Q3 2023 63.42). The level of the exchange rates is relevant when translating local revenues in Danish kroner, Tryg’s reporting currency. Q3...

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Ageas announces its new three-year strategic plan: Elevate27

Regulated information • Inside information Ageas announces its new three-year strategic plan: Elevate27 Today, Ageas announces its next 3-year strategic plan, Elevate27, for the period 2025-2027. As the name suggests, it is about taking the Group’s strong performance to the next level, building on Ageas’s unique growth profile and strong long-term track record, and the experience it has garnered over the years. A new chapter in Ageas’s journey, Elevate27 is a plan for sustained profitable growth and accelerated progress in key areas of strength, that respond to the needs of the ageing population and SMEs, with the ambition to extend the Group’s leadership in technical insurance and operational excellence while future-proofing distribution capabilities and enriching the customer experience.  ”As the world continues to change at speed,...

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Financing Update

Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining 23 September 2024 Vast Resources plc(‘Vast’ or the ‘Company’) Financing Update Vast Resources plc, the AIM-listed mining company, wishes to announce a general update regarding the repayment of its asset-based debt facility and refinancing process.A&T Investments Sarl (‘Alpha’) to which the Company has an outstanding debt of $5,820,000 (the ‘Debt’) has, as stated in the Company’s announcement of 27 June 2024, given notice that it will commence enforcement procedures of the security given to it by a third party (the ‘Third Party’) if the debt is not repaid in full by 26 September 2024.The Company has been given confirmation by the Third Party, who is a shareholder of the Company, that it is not his intention to take any action against the Company should Alpha commence...

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