Month: September 2024

Initial funding of USD 29 million to support development of Basilea’s clinical stage first-in-class antifungals, fosmanogepix and BAL2062 Multi-year Other Transaction Agreement (OTA) allows for potential funding of up to approximately USD 268 million to develop antifungal and antibacterial assets Increasing FY 2024 financial guidance on total revenue, operating result and net profitAd hoc announcement pursuant to Art. 53 LR Allschwil, Switzerland, September 19, 2024 Basilea Pharmaceutica Ltd, Allschwil (SIX: BSLN), a commercial-stage biopharmaceutical company committed to meeting the needs of patients with severe bacterial and fungal infections, announced today that the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response (ASPR) within the US Department of...

VANCOUVER, British Columbia, Sept. 18, 2024 (GLOBE NEWSWIRE) — Central Iron Ore Limited (CIO – TSX.V) (“CIO” or “the Company”) is pleased to announce this Drilling Update. Central Iron Ore is pleased to announce that the results for the 2024 Phase 1 RC drilling campaign have been finalised.Figure 1. The sun sets after the first day’s drilling of the 2024 Phase 1 RC campaign at British King (M37/30) Highlights:Assay results for the 75-hole, 5 911-meter 2024 Phase 1 RC program has been received and processed. Multiple significant intercepts exceeding has been intercepted across the target area (Table 1) some notable intercepts include;24BKRC_004: 5m @ 20.52g/t from 110 meters 24BKRC_007: 3m @ 28.26g/t from 96 meters 24BKRC_010: 2m @ 24.02g/t from 75 meters 24BKRC_015: 3m @ 35.61g/t from 58 meters 24BKRC_028: 7m @ 8.53g/t...

MIAMI, Sept. 18, 2024 (GLOBE NEWSWIRE) — AYR Wellness Inc. (“AYR” or the “Company”) (CSE: AYR.A, OTCQX: AYRWF) a leading vertically integrated U.S. multi-state cannabis operator, today announced that, effective today, David Goubert has stepped down as the President and Chief Executive Officer of the Company. Mr. Goubert served as President of the Company from October 12, 2022 and as Chief Executive Officer of the Company from February 13, 2023. The Board of Directors of the Company (the “Board”) thanks Mr. Goubert for his dedication to AYR and wishes him the best in his future endeavours. Appointment of Interim Chief Executive Officer The Board has approved the appointment of Steven M. Cohen as Interim Chief Executive Officer of the Company, effective immediately. Mr. Cohen previously served as outside legal advisor to the Company....

The water the company doesn’t use in its waterless beauty products it brings to the people of Africa by building water wells SANTA MONICA, CA, Sept. 18, 2024 (GLOBE NEWSWIRE) — Oliveda International, Inc. (OTC Pink: OLVI) today announced that due to the strong growth of its Olive Tree People Inc. subsidiary, the Company intends to build 1,060 water well in the next 10 years in Tanzania, Africa. Olive Tree People Inc. founder and CEO Thomas Lommel announced that from 2025 onwards, 106 water wells will be built annually in the Kilimanjaro region of Tanzania in order to be able to maintain the cycle from tree to beauty due to the strong growth of Olive Tree People in 2024. “We believe in redefining beauty thanks to mother nature,” commented Mr. Lommel. “True beauty means to be ‘re:connected’ to our own nature and being aware of our...

QUEBEC CITY, Canada, Sept. 18, 2024 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, is pleased to join Ficosa Internacional SA (“Ficosa”), a top-tier global provider devoted to the research, development, manufacturing and marketing of advanced technology vision, safety, connectivity and efficiency systems for the motor and mobility sectors, at Autosens Europe in Barcelona from October 8-10, 2024. In 2022, LeddarTech and Ficosa established a strategic collaboration to develop a pioneering Intelligent Parking Assistance system. In 2023, this resulted in the successful integration of LeddarTech’s advanced LeddarVision...

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA. TORONTO, Sept. 18, 2024 (GLOBE NEWSWIRE) — Fredonia Mining Inc. (TSXV: FRED) (the “Company” or “Fredonia“) announces it intends to complete a proposed private placement financing (the “Offering“) for total proceeds of up to $1,000,000 consisting of 33,333,333 units of the Company (the “Units“) at a price of $0.03 per Unit. Each Unit will comprise one common share (a “Unit Share“) and one common share purchase warrant (a “Warrant”). Each Warrant will be exercisable to purchase one additional common share (a “Warrant Share”) from...

CALGARY, Alberta, Sept. 18, 2024 (GLOBE NEWSWIRE) — Alnesh Mohan (“Alnesh“) announces that he has filed an early warning report (the “Early Warning Report“) under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the closing of the previously announced reverse takeover (the “Transaction” or the “RTO“) whereby Alnesh indirectly acquired shares of Premier Diversified Holdings Inc. (the “Company” or “PDH“). In connection with the RTO (i) AJA Health and Wellness Ltd. (“AJA“) amalgamated with a wholly-owned subsidiary of the Company, 2564858 Alberta Inc., pursuant to the terms of an amalgamation agreement dated June 3, 2024, resulting in an amalgamated Alberta corporation,...

CALGARY, Alberta, Sept. 18, 2024 (GLOBE NEWSWIRE) — Sanjeev Parsad (“Sanjeev“) announces that he has filed an early warning report (the “Early Warning Report“) under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the closing of the previously announced reverse takeover (the “Transaction” or the “RTO“) whereby Sanjeev indirectly acquired shares of Premier Diversified Holdings Inc. (the “Company” or “PDH“). In connection with the RTO (i) AJA Health and Wellness Ltd. (“AJA“) amalgamated with a wholly-owned subsidiary of the Company, 2564858 Alberta Inc., pursuant to the terms of an amalgamation agreement dated June 3, 2024, resulting in an amalgamated Alberta corporation,...