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Month: May 2025

Scorpius Holdings Announces Corporate Update Including Cost Optimization Initiatives, Strategic Corporate Developments, and Potential Opportunities for Expansion into Southeast Asia

Operational Realignment Expected to Deliver Over $6 Million in Annual Cost Savings Company Exploring CDMO Expansion Opportunities in Southeast Asia San Antonio, TX, May 04, 2025 (GLOBE NEWSWIRE) — Scorpius Holdings, Inc (OTC: SCPX) (“Scorpius” or “the Company”), an integrated contract development and manufacturing organization (“CDMO”), today provided a corporate update highlighting key strategic initiatives, including cost optimization measures expected to yield over $6 million in annualized savings and the Company’s exploration of opportunities to expand operations into Southeast Asia through a potential biomanufacturing presence in Malaysia. Major Operational Cost Optimization Program Initiated Scorpius has launched a strategic restructuring initiative designed to streamline operations, improve capital efficiency, and...

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Independent Non-Executive Director Appointed

PERTH, Australia, May 04, 2025 (GLOBE NEWSWIRE) — Paladin Energy Ltd (ASX:PDN, TSX:PDN, OTCQX:PALAF) (Paladin or the Company) is pleased to announce the appointment of Anne Templeman-Jones as independent non-executive director of the Company. Ms Templeman-Jones is a highly experienced non-executive director who has had a wide-ranging executive career in finance, corporate and private banking roles. She commenced her career in a variety of audit and tax roles with PWC internationally and within Australia. Her banking career included senior positions with ANZ Bank and Westpac. For the past decade Ms Templeman-Jones has held a diverse portfolio of Board roles including with ASX-listed Commonwealth Bank of Australia, global engineering services company Worley Limited which operates across the mining minerals, oil & gas, chemicals...

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Preliminary Phase 1b/2 Data for REC-4881 in Familial Adenomatous Polyposis (FAP) Demonstrates Reduced Polyp Burden

In the Phase 2 open-label study, REC-4881 (4 mg QD) led to a median 43% reduction (n=6 patients) in polyp burden at the Week 13 assessment at time of data cutoff. Five of six patients (83%) experienced reductions in polyp burden ranging from 31% to 82%, however, one patient showed a substantial increase from baseline. At Week 13, 50% of patients (3 out of 6) achieved ≥1-point improvement in Spigelman stage, a measure of upper GI disease severity. The early safety profile of REC-4881 was generally consistent with that of prior MEK1/2 inhibitors; among 19 patients across Phase 1b and 2, most treatment-related adverse events were Grade 1 or 2, with Grade 3 events in 16% of patients and no Grade ≥4 TRAEs reported to date.SALT LAKE CITY, May 04, 2025 (GLOBE NEWSWIRE) — Recursion (Nasdaq: RXRX), a clinical-stage TechBio company decoding...

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Sovereignty Wins the 151st Running of the Kentucky Derby Presented by Woodford Reserve

New All-Time Handle Record Set for the Kentucky Derby Race, Kentucky Derby Day Program, and Kentucky Derby Week Races LOUISVILLE, Ky., May 03, 2025 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (Nasdaq: CHDN) (the “Company”, “CDI”, “we”) announced today that Sovereignty claimed the Garland of Roses at the 151st running of the Kentucky Derby presented by Woodford Reserve under steady rain and the watchful eyes of over 147,000 eager racing fans. Sovereignty, owned and bred by Godolphin, LLC, trained by William (“Bill”) Mott, and ridden by Junior Alvarado, thundered to the finish to win by a length and a half at 7-1 odds. Sovereignty covered the mile and a quarter in 2:02.31 over a sloppy track. Sired by Into Mischief, Sovereignty now has lifetime earnings of $3.7 million. Wagering from all sources...

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IBA launches QUASAR® GRID3D Advantage Image Distortion Analysis System

New standard in the Quality Assurance of image distortion for MR guided radiation therapy and MR simulation in planning Louvain-la-Neuve, Belgium, 3 May 2025 – IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology and a global leading provider of dosimetry and quality assurance (QA) solutions, today announces the launch of its QUASAR® GRID3D Advantage Image Distortion Analysis System at the European Society for Radiotherapy and Oncology (ESTRO) 2025 Annual Congress in Vienna, Austria. This advanced product is uniquely designed for facilities requiring precise Magnetic Resonance (MR) distortion analysis for stereotactic planning, ensuring confidence in geometric fidelity for MR images. It combines automated analysis through user-friendly software with a versatile multi-use solution including various...

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Good Cheer Claims the Lilies for the 151st Running of the Longines Kentucky Oaks

Good Cheer Claims the Lilies for the 151st Running of the Longines Kentucky OaksGood Cheer Claims the Lilies for the 151st Running of the Longines Kentucky OaksLOUISVILLE, Ky., May 02, 2025 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (Nasdaq: CHDN) (the “Company”, “CDI”, “we”) announced Good Cheer captured the Lilies in the 151st running of the Longines Kentucky Oaks in a field of 13 and sloppy track conditions. Under mostly cloudy skies, more than 100,000 excited racegoers gathered to watch America’s premier race for 3-year-old fillies. Wagering from all sources on the full Kentucky Oaks race day card was $73.9 million. All-sources wagering on the Kentucky Oaks race was $22.7 million, up 4% from last year. TwinSpires, the official betting partner of the Kentucky Oaks, handled a...

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Mustang Energy Corp. Provides Update on Geophysical Reinterpretation and Targeting

VANCOUVER, British Columbia, May 02, 2025 (GLOBE NEWSWIRE) — Mustang Energy Corp. (CSE: MEC, OTC:MECPF, FRA:92T) (the “Company” or “Mustang”) is pleased to provide an update on its ongoing geophysical reprocessing, reinterpretation and targeting work in collaboration with leading geophysical consultants Resource Potentials Ltd. (“ResPot”) of Perth, Australia. This initiative reflects Mustang’s commitment to advancing exploration across its Athabasca Basin uranium projects through cost-effective, technically sound data integration. Geophysical Reinterpretation Methodology Following a detailed historical data compilation, ResPot has reprocessed and interpreted a suite of high-resolution airborne magnetic, radiometric, gravity, and electromagnetic (“EM”) datasets over Mustang’s properties. These datasets were sourced from open-file...

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MarketWise to Present at the UBS SMID-Cap Multisector Virtual Conference on June 24, 2025

BALTIMORE, May 02, 2025 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that Chief Financial Officer, Erik Mickels, will host virtual meetings at the UBS SMID-Cap Multisector Virtual Conference on Tuesday, June 24, 2025. If you have questions about MarketWise or are interested in conducting a conference call or meeting with management, please contact the company’s investor relations at ir@marketwise.com. About the UBS SMID-Cap Multisector Virtual Conference The inaugural UBS SMID-Cap Multisector Virtual Conference is scheduled to take place June 24, 2025. This virtual event aims to showcase Small and Mid-cap companies...

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HPQ Files Annual Financial Disclosure

MONTREAL, May 02, 2025 (GLOBE NEWSWIRE) — HPQ Silicon Inc. (“HPQ” or the “Company”) (TSX-V: HPQ, OTCQB: HPQFF, FRA: O08), a technology company developing next-generation processes for advanced material manufacturing announces that, further to its April 30th release, the Company has filed today its audited annual financial statements, management’s discussion and analysis and related CEO and CFO certifications for the financial year ended December 31, 2024 (the “Required Filings”). Because of the urgency of the situation and because we are a Quebec-based Company, the Required Filing was done in French to satisfy the requirement of our primary regulator, Quebec L’Autorité des Marchés Financiers (AMF). The English version of the documents will be filed as soon as it is practical. Having completed the filing, the Company...

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MarketWise Declares Quarterly Dividend of $0.20 Per Share on Common Stock; Announces Special Dividend of $0.10 Per Share

BALTIMORE, May 02, 2025 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its Board of Directors declared a quarterly cash dividend to holders of Class A common stock of $0.20 per share on May 1, 2025. A comparable distribution of $0.20 per unit has also been approved to holders of MarketWise, LLC units. The Company also announced a special dividend to shareholders of Class A common stock of $0.10 per share, which totals approximately $0.3 million in the aggregate. The regular dividend, distribution, and the special dividend will be paid on June 25, 2025. The Record Date is May 15, 2025. About MarketWiseFounded with...

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