Day: December 4, 2024

Earlier this year FDA granted REVASCOR both Rare Pediatric Disease Designation (RPDD) and Orphan-Drug Designation (ODD) for congenital heart disease NEW YORK, Dec. 04, 2024 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced the United States Food and Drug Administration (FDA) has granted its second generation allogeneic, STRO3-immunoselected, and industrially manufactured stromal cell therapy Revascor® (rexlemestrocel-L) Regenerative Medicine Advanced Therapy (RMAT) designation following submission of results from the randomized controlled trial in children with hypoplastic left heart syndrome (HLHS), a potentially life threatening congenital heart condition. Mesoblast Chief Executive Silviu Itescu said: “We appreciate FDA’s support...

Not for distribution to United States newswire services or for dissemination in the United States Highlights:LNG Energy Group announces initiatives to increase production at Colombian operations, optimize costs and enhance its liquidity position.LNG Energy Group proposes senior secured convertible debenture financing of up to U.S.$15 million in order to accelerate drilling in Colombia.Before-tax NPV10 for Proved (1P) reserves of U.S.$171 million representing NPV10 of C$1.55 per share in respect of the Colombian assets as at December 31, 2023.1Before-tax NPV10 for Proved (1P) reserves of U.S.$261 million representing NPV10 of C$2.37 per share in respect of assets related to CPPs in Venezuela as at April 30, 2024.2Existing assets include three drilling rigs and other non-core assets appraised at approximately U.S.$11 million.TORONTO,...

Perth, Dec. 05, 2024 (GLOBE NEWSWIRE) — CONFIDENCE BOOSTING INFILL DRILLING AT NYANZAGA PROJECT Perth, Western Australia/December 5, 2024/ Perseus Mining Limited (ASX/TSX: PRU) is pleased to provide an update on ongoing resource definition drilling being conducted at its recently acquired Nyanzaga Gold Project in Tanzania (Nyanzaga or the Project). Designed to increase Perseus’s understanding of Nyanzaga’s Mineral Resource, a programme of drilling commenced in August 2024. This work aimed to supplement and where needed, fill in gaps in the work done by previous owners. The programme was also intended to provide additional information required to inform a change in mine design from the prior owner’s plan of a small open pit plus underground operation to the large-scale open pit operation contemplated by Perseus. By mid-November...

DENVER, Dec. 04, 2024 (GLOBE NEWSWIRE) — ArrowMark Financial Corp. (Nasdaq: BANX) (“ArrowMark Financial” or the “Company”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a special cash distribution of $0.20 per share generated from excess income, and a regular cash distribution of $0.45 per share for the fourth quarter 2024. The total distribution of $0.65 per share will be payable on January 3, 2025 to shareholders of record on December 26, 2024. “We are very pleased to announce the special distribution for Q4 2024 along with the distribution rate of $0.45. We believe this distribution reflects the Fund’s ability to consistently over-earn its declared quarterly distribution rate. ArrowMark Financial is committed to providing consistent...

Agreement supports long-term opportunity for global, omnichannel growth for the Abercrombie & Fitch and Hollister brands NEW ALBANY, Ohio, Dec. 04, 2024 (GLOBE NEWSWIRE) — Abercrombie & Fitch Co. (NYSE: ANF) today announced a new multi-year, franchise partnership with Myntra Jabong India Private, Ltd., Myntra’s business-to-business wholesale entity (Myntra Jabong), to expand the global reach of its brands in India. Over the life of the franchise agreement, Myntra Jabong will build a brick-and-mortar retail store presence in the country, regional e-commerce sites and branded digital storefronts operated by a network of licensed and independent third parties. As one of India’s leading players in the fashion and lifestyle space, Myntra Jabong is well-positioned to help grow A&F Co.’s brands across the country and deliver...

GUADALAJARA, Mexico, Dec. 04, 2024 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announces preliminary terminal passenger traffic figures for November 2024, compared with November 2023. For November 2024, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 2.5%, compared to November 2023. Tijuana, Guadalajara, Los Cabos, and Puerto Vallarta airports presented an increase in passenger traffic of 5.3%, 5.0%, 0.5%, and 0.1%, respectively, compared to November 2023. On the other hand, Montego Bay presented a decrease in passenger traffic of 7.4%, compared to November 2023. Domestic Terminal Passengers (in thousands):             Airport Nov-23 Nov-24 % Change Jan- Nov 23 Jan- Nov 24 % ChangeGuadalajara 1,015.2 1,021.8 0.6% 11,472.4 10,855.8 (5.4%)Tijuana* 672.0 716.9 6.7% 8,158.8 7,717.0 (5.4%)Los...

Jupiter, Florida, Dec. 04, 2024 (GLOBE NEWSWIRE) — Jupiter Neurosciences, Inc. (Nasdaq: JUNS) (the “Company” or “Jupiter Neurosciences”), a clinical stage pharmaceutical company advancing a pipeline targeting neuroinflammation with its unique resveratrol platform product, JOTROL™, today announced the closing of its initial public offering of 2,750,000 shares of common stock at a price of $4.00 per share for gross proceeds of $11 million, before deducting underwriting discounts and other related expenses. The Company’s shares began trading on the Nasdaq Capital Market on December 3, 2024 under the symbol “JUNS.” The Company intends to use the net proceeds from the Offering to fund the Phase II clinical trial of its product candidate JOTROL™ in patients with Parkinson’s Disease, Strategic Service Agreements to accelerate...