Plant

Founder of EV Sales Platform Carnex: More choice in Electric Vehicles will alleviate long wait times for Canadians buying electric vehicles

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Friday, June 10, 2022
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According to research by AutoTraders, two-thirds of Canadians are now considering going electric for their next vehicle purchase.

Key Points: 
  • According to research by AutoTraders, two-thirds of Canadians are now considering going electric for their next vehicle purchase.
  • Major global EV makers like Toyota and Nissan have already depleted their stock for 2022 and hit their peak production capacity.
  • Carnex.ca is Canada's first e-commerce platform for used Electric Vehicles, with the EV company's headquarters located in Toronto, Ontario.
  • It recognized that the potential EV market is enormous, as more and more customers seek high-quality, environment-friendly EV products and services.

Small Pharma Reports Highlights for the Fiscal Year Ended February 28, 2022

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Thursday, June 9, 2022
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LONDON, June 09, 2022 (GLOBE NEWSWIRE) -- Small Pharma Inc. (TSXV: DMT) (OTCQB: DMTTF) (the “Company” or “Small Pharma”), a biotechnology company focused on short-acting psychedelic-assisted therapies for mental health conditions, has today published its financial results for the fiscal year ended February 28, 2022. A complete copy of the audited consolidated financial statements prepared in accordance with International Financial Reporting Standards and the corresponding management’s discussion and analysis can be found under the Company’s profile on SEDAR at www.sedar.com. Unless otherwise indicated, all currency references are in Canadian dollars. 

Key Points: 
  • LONDON, June 09, 2022 (GLOBE NEWSWIRE) -- Small Pharma Inc. (TSXV: DMT) (OTCQB: DMTTF) (the Company or Small Pharma), a biotechnology company focused on short-acting psychedelic-assisted therapies for mental health conditions, has today published its financial results for the fiscal year ended February 28, 2022.
  • Cash used in operating activities of $16.2 million for the 12 months ended February 28, 2022.
  • Operating expenses for the 12 months ended February 28, 2022 were $18.1 million.
  • Small Pharma is advancing a pipeline of DMT-based therapies and is leading the most advanced clinical trial in commercial development for DMT-assisted psychotherapy in MDD.

Tenneco Releases 2021 Sustainability Report

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Thursday, June 9, 2022
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SKOKIE, Ill., June 9, 2022 /PRNewswire/ -- Continuing its commitment to "Making Tomorrow Better," Tenneco Inc. (NYSE: TEN) published the company's fourth annual Sustainability Report, covering operations from January 1 – December 31, 2021, and highlighting the company's continued achievements and progress toward long-term sustainability goals. The report was prepared in accordance with the Global Reporting Initiative (GRI) Standards and covers metrics within the Sustainability Accounting Standards Board (SASB) Auto Parts Industry Standards.

Key Points: 
  • SKOKIE, Ill., June 9, 2022 /PRNewswire/ -- Continuing its commitment to "Making Tomorrow Better," Tenneco Inc. (NYSE: TEN) published the company's fourth annual Sustainability Report , covering operations from January 1 December 31, 2021, and highlighting the company's continued achievements and progress toward long-term sustainability goals.
  • The report was prepared in accordance with the Global Reporting Initiative (GRI) Standards and covers metrics within the Sustainability Accounting Standards Board (SASB) Auto Parts Industry Standards.
  • In 2021, Tenneco reported an 8 percent reduction in energy use and a 10 percent reduction in Greenhouse gas (GHG) emissions intensity, both compared to a 2019 baseline.
  • To view Tenneco's 2021 Sustainability Report in full, click here .

Darling Ingredients Inc. Announces Closing of Private Offering of $750 Million of Unsecured Senior Notes due 2030

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Thursday, June 9, 2022
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IRVING, Texas, June 9, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) ("Darling" or the "Company") today announced the closing of its private offering of $750 million aggregate principal amount of its unsecured senior notes due 2030 (the "notes").

Key Points: 
  • IRVING, Texas, June 9, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) ("Darling" or the "Company") today announced the closing of its private offering of $750 million aggregate principal amount of its unsecured senior notes due 2030 (the "notes").
  • The notes bear interest at 6% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, commencing on December 15, 2022.
  • Darling may temporarily apply proceeds to reduce revolving credit indebtedness or invest in cash equivalents, U.S. government securities and other high-quality debt investments pending application of the proceeds.
  • Darling Ingredients Inc. (NYSE: DAR) isthe largest publicly traded company turning edible by-products and food waste into sustainable products and a leading producer of renewable energy.

Darling Ingredients Inc. Announces Closing of Private Offering of $750 Million of Unsecured Senior Notes due 2030

Retrieved on: 
Thursday, June 9, 2022
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IRVING, Texas, June 9, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) ("Darling" or the "Company") today announced the closing of its private offering of $750 million aggregate principal amount of its unsecured senior notes due 2030 (the "notes").

Key Points: 
  • IRVING, Texas, June 9, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) ("Darling" or the "Company") today announced the closing of its private offering of $750 million aggregate principal amount of its unsecured senior notes due 2030 (the "notes").
  • The notes bear interest at 6% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, commencing on December 15, 2022.
  • Darling may temporarily apply proceeds to reduce revolving credit indebtedness or invest in cash equivalents, U.S. government securities and other high-quality debt investments pending application of the proceeds.
  • Darling Ingredients Inc. (NYSE: DAR) isthe largest publicly traded company turning edible by-products and food waste into sustainable products and a leading producer of renewable energy.

With New Funding, Phase Genomics Seeks to Eliminate One of Biology’s Biggest Blind Spots

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Thursday, June 9, 2022
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With the new funding, Phase Genomics will leverage its worlds largest phage-bacteria interactome repository to power the development of a unique AI-driven predictive engine for therapeutic phage discovery.

Key Points: 
  • With the new funding, Phase Genomics will leverage its worlds largest phage-bacteria interactome repository to power the development of a unique AI-driven predictive engine for therapeutic phage discovery.
  • Despite being the most abundant form of life on earth, few interactions between phages and their targets are currently documented.
  • We are truly at the frontier of a new understanding of how to improve the human condition, said Ivan Liachko, PhD, founder and CEO of Phase Genomics.
  • A recent study published in Nature Biotechnology demonstrates the power of Phase Genomics unique technology.

MONBAT AND ADVANCED BATTERY CONCEPTS SIGN MEMORANDUM TARGETING FULL-SCALE COMMERCIALIZATION OF BIPOLAR LEAD BATTERIES

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Thursday, June 9, 2022
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In the first stage of the program, Advanced Battery Concepts will produce, in its expanded Clare, MI plant, the so-called "Alpha Samples" of Block B batteries.

Key Points: 
  • In the first stage of the program, Advanced Battery Concepts will produce, in its expanded Clare, MI plant, the so-called "Alpha Samples" of Block B batteries.
  • Block B is a 48-volt, 32 amp-hour industrial battery, aimed at Telecom and Battery Energy Storage Systems ("BESS") applications.
  • This technology delivers improved battery performance at lower production costs for traditional lead batteries while also enabling application to other advanced chemistries.
  • The recycling division of Monbat enables the efficient vertical integration with the lead-acid segment, being an innovative provider of lead and lead alloys and re-granulated polypropylene.

Parallel Announces Opening of Third Surterra Wellness Dispensary in Miami to Meet the Community's Growing Demand

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Thursday, June 9, 2022
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The new Surterra dispensary is conveniently located among the suburbs of Kendall, Pinecrest, The Hammocks, and South Miami, and is easily accessible to the I-95.

Key Points: 
  • The new Surterra dispensary is conveniently located among the suburbs of Kendall, Pinecrest, The Hammocks, and South Miami, and is easily accessible to the I-95.
  • "We're thrilled to open a third Surterra location in Miami, complimented by the meaningful artwork from a local artist.
  • Our new dispensary increases access to the world-class products and service for which Surterra has become known," said President of Surterra Wellness, Zack Fleming.
  • Parallel offers a diverse portfolio of high quality, proprietary and licensed consumer brands and products including Surterra Wellness, Float and Heights.

ENEL GREEN POWER MOVING FORWARD ON NEW WIND PROJECT IN ALBERTA WITH THE START OF THE MAIN CONSTRUCTION PHASE

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Thursday, June 9, 2022
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VERMILION, AB, June 9, 2022 /PRNewswire/ -- Enel Green Power Canada Inc. has started the main construction phase of the 152 MW Grizzly Bear Creek wind project in the counties of Minburn and Vermilion River in Alberta, Canada.

Key Points: 
  • VERMILION, AB, June 9, 2022 /PRNewswire/ -- Enel Green Power Canada Inc. has started the main construction phase of the 152 MW Grizzly Bear Creek wind project in the counties of Minburn and Vermilion River in Alberta, Canada.
  • This phase of major construction work, including turbine installment, comes after the Alberta Utilities Commission granted an updated permit for the project.
  • The 152 MW wind project will add diversity to the robust energy sector that serves as the backbone of Alberta's economy.
  • The Grizzly Bear Creek Wind Project is further proof of Alberta's economic momentum and growth in our energy sector.

The Vita Coco Company Appoints Aishetu Fatima Dozie to Board of Directors

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Thursday, June 9, 2022
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NEW YORK, June 09, 2022 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (Vita Coco or the Company), a leading high-growth platform of better-for-you beverage brands, today announced the appointment of Aishetu Fatima Dozie to the Companys board of directors following her election at the Companys annual meeting of stockholders held on June 1, 2022.

Key Points: 
  • NEW YORK, June 09, 2022 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (Vita Coco or the Company), a leading high-growth platform of better-for-you beverage brands, today announced the appointment of Aishetu Fatima Dozie to the Companys board of directors following her election at the Companys annual meeting of stockholders held on June 1, 2022.
  • Ms. Dozie brings more than 20 years of significant investment and executive entrepreneurial experience to the Companys board.
  • Upon her appointment, Ms. Dozie said, Mike and the team at The Vita Coco Company are building a beverage company for the future, where return on investment is measured hand in hand with return on impact.
  • Aishetu Fatima Dozie holds a bachelors degree in economics from Cornell University and a masters degree in business from Harvard Business School.