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Aura Announces Fourth Quarter 2022 Production Results

Retrieved on: 
Tuesday, January 10, 2023

ROAD TOWN, British Virgin Islands, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce preliminary production results from the Company’s three operating mines for the fourth quarter of 2022.

Key Points: 
  • ROAD TOWN, British Virgin Islands, Jan. 10, 2023 (GLOBE NEWSWIRE) -- Aura Minerals Inc. (TSX: ORA, B3: AURA33 and OTCQX: ORAAF) (“Aura” or the “Company”) is pleased to announce preliminary production results from the Company’s three operating mines for the fourth quarter of 2022.
  • Excluding Gold Road, it was the second highest production achieved in a single quarter, behind its Q4 2021 production.
  • Based on constant prices, production in Q4 2022 was 5% lower than in Q4 2021, when Aura recorded its highest quarterly production in its history.
  • Lower production in Q4 2022 was due to longer than expected leaching cycle during the quarter; however, ore mined increased 44% compared to the previous quarter.

CE Brands Announces Secured Convertible Note Restructuring and Restructuring of the Vesta Loan Facility into Secured Notes

Retrieved on: 
Monday, January 9, 2023

CALGARY, Alberta, Jan. 09, 2023 (GLOBE NEWSWIRE) -- CE Brands Inc. (TSXV: CEBI; CEBI.WT) (“CE Brands”, “we”, “our”, or the “Company”), a data-driven consumer-electronics company, is pleased to announce its intention to complete a restructuring of its senior secured convertible notes (the “Secured Note Restructuring”) as well as the restructuring into senior secured notes of its US$2,000,000 senior secured facility (the “Vesta Loan Facility”) granted by Vesta Global Stability Fund (“Vesta Fund”) and first announced on June 23, 2022 (the “Vesta Loan Facility Restructuring”, and together with the Secured Note Restructuring, the “Secured Debt Restructuring Transactions”).

Key Points: 
  • CALGARY, Alberta, Jan. 09, 2023 (GLOBE NEWSWIRE) -- CE Brands Inc. (TSXV: CEBI; CEBI.WT) (“CE Brands”, “we”, “our”, or the “Company”), a data-driven consumer-electronics company, is pleased to announce its intention to complete a restructuring of its senior secured convertible notes (the “Secured Note Restructuring”) as well as the restructuring into senior secured notes of its US$2,000,000 senior secured facility (the “Vesta Loan Facility”) granted by Vesta Global Stability Fund (“Vesta Fund”) and first announced on June 23, 2022 (the “Vesta Loan Facility Restructuring”, and together with the Secured Note Restructuring, the “Secured Debt Restructuring Transactions”).
  • On November 13, 2021, the Company closed a private placement of senior secured convertible notes (the “November Convertible Notes”) for aggregate capital of $4,000,000, and on May 25, 2022, the Company closed an additional private placement of senior secured convertible notes (the “May Convertible Notes” together with the November Convertible Notes, the “Notes”) for aggregate capital of $1,000,000 (collectively, the “Note Financings”).
  • The Note Financings were each led by certain investment entities managed or advised by Vesta Wealth Partners Ltd. (“Vesta”).
  • The Warrants issued in connection with the Vesta Loan Facility Restructuring will be subject to statutory hold periods in accordance with applicable securities legislation.

Hepion Pharmaceuticals Receives $3.2 Million in Aggregate Non-Dilutive Funding

Retrieved on: 
Monday, January 9, 2023

NJEDA’s NOL program enables qualified, New Jersey-based technology or biotechnology companies to sell net operating losses to unrelated profitable corporations.

Key Points: 
  • NJEDA’s NOL program enables qualified, New Jersey-based technology or biotechnology companies to sell net operating losses to unrelated profitable corporations.
  • This allows qualifying technology and biotechnology companies with NOLs to turn their tax losses and credits into cash proceeds to fund growth and operations, including research and development (“R&D”) or other allowable expenditures.
  • Alberta’s Innovation Employment Grant program encourages economic growth by supporting small and medium-sized businesses that invest in R&D with a grant worth up to 20% of qualifying expenditures.
  • The program promotes investment and diversification by rewarding all R&D spending in Alberta, Canada, regardless of the industry.

Ayr Wellness Announces Opening of Two New Retail Locations in Florida

Retrieved on: 
Monday, January 9, 2023

MIAMI, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced that it has opened two new retail locations in Florida in Tarpon Springs and Orlando.

Key Points: 
  • MIAMI, Jan. 09, 2023 (GLOBE NEWSWIRE) -- Ayr Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator (“MSO”), today announced that it has opened two new retail locations in Florida in Tarpon Springs and Orlando.
  • “We are excited to begin 2023 by welcoming customers to our newest locations in Ayr’s home state of Florida,” said David Goubert, President at Ayr.
  • ft. of retail space and is located in a highly populated, residential area near popular destinations including downtown Tarpon Springs, Tarpon Sponge Docks and Tarpon Square.
  • Both stores feature the AYR retail design concept and operate under the Liberty Health Sciences banner.

Buy Now Pay Later (BNPL) Market Report 2023: Proliferation of Online Payments Bolsters Sector - ResearchAndMarkets.com

Retrieved on: 
Monday, January 9, 2023

The market is expected to grow at a CAGR of more than 33.3% during the forecast period (2021-2026).

Key Points: 
  • The market is expected to grow at a CAGR of more than 33.3% during the forecast period (2021-2026).
  • The BNPL market report provides an executive-level overview of the BNPL market worldwide today, with detailed forecasts of key indicators up to 2026.
  • The global Buy Now Pay Later (BNPL) market size was valued at US$141.8 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 33.3% during 2021-2026.
  • Online payments are rapidly growing as more consumers are taking advantage of online shopping favoring growth.

Yacht Charter Global Market Report 2022: Consistently Growing Number of High Net Worth Individuals Bolsters Sector - ResearchAndMarkets.com

Retrieved on: 
Monday, January 9, 2023

The global Yacht charter market was valued at US$ 16.49 Bn in 2021 witnessing a steady growth in recent years.

Key Points: 
  • The global Yacht charter market was valued at US$ 16.49 Bn in 2021 witnessing a steady growth in recent years.
  • In 2020, the number of high-net-worth individuals worldwide increased by nearly 9%, according to 2020 World Health Report by Capgemini.
  • With increasing interest in luxury cruising along with consistently increasing number of high net worth, especially in Asia Pacific, the yacht charter market is set to register robust growth over the forecast period.
  • In addition, the region is home to the 2nd highest number of high net worth individuals worldwide.

Citi Appointed as Depositary Bank for the GDR Program of Jiangsu Eastern Shenghong Co., Ltd.

Retrieved on: 
Monday, January 9, 2023

“We are pleased to be the Depositary Bank for Shenghong’s GDR Program listed on the SIX Swiss Exchange -- the ninth issuer listed as part of the China-Swiss Stock Connect GDR Program. This continues our role as the depositary bank for almost all the Connect GDR Programs listed so far, including five listed on the London Stock Exchange and eight listed on the SIX Swiss Exchange” said Dirk Jones, Global Head of Citi’s Issuer Services.

Key Points: 
  • Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Jiangsu Eastern Shenghong Co., Ltd. (“Shenghong”) - to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.
  • This is the ninth China-Swiss Stock Connect Program listed on the SIX Swiss Exchange, and the eighth China-Swiss Stock Connect Program for which Citi’s Issuer Services acts as the Depositary Bank.
  • Shenghong’s GDR Program was established in connection with a US$718.3 million initial public offering of its GDRs, priced at US$18.05 per GDR.
  • “We are pleased to be the Depositary Bank for Shenghong’s GDR Program listed on the SIX Swiss Exchange -- the ninth issuer listed as part of the China-Swiss Stock Connect GDR Program.

Automotive Engineering Services Outsourcing (ESO) Market Report 2022: Asia Pacific Remains The Most Attractive Business Destination for Service Providers - ResearchAndMarkets.com

Retrieved on: 
Monday, January 9, 2023

The global automotive engineering services outsourcing market was valued US$ 50.28 Bn in 2020 and is expected to register growth at 8.3% CAGR during the forecast period from 2022 to 2030.

Key Points: 
  • The global automotive engineering services outsourcing market was valued US$ 50.28 Bn in 2020 and is expected to register growth at 8.3% CAGR during the forecast period from 2022 to 2030.
  • Asia Pacific represents the most lucrative business destination for automotive engineering service providers.
  • The trend is expected to continue and the region is poised to remain one of the major automotive engineering services markets throughout the forecast period.
  • In 2020, the demand for design & prototyping service was highest in the global automotive engineering services outsourcing market.

VICI Properties Inc. Acquires Four Canadian Gaming Properties in Sale Leaseback Transaction With Pure Canadian Gaming Corp.

Retrieved on: 
Monday, January 9, 2023

VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or “VICI”), an experiential real estate investment trust, announced today that it has acquired the real estate assets of PURE Casino Edmonton in Edmonton, Alberta, PURE Casino Yellowhead in Edmonton, Alberta, PURE Casino Calgary in Calgary, Alberta, and PURE Casino Lethbridge in Lethbridge, Alberta, from PURE Canadian Gaming Corp. (“PURE” and such real estate assets, the “PURE Portfolio”) for an aggregate purchase price of approximately C$271.9 million (US$200.8 million).

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or “VICI”), an experiential real estate investment trust, announced today that it has acquired the real estate assets of PURE Casino Edmonton in Edmonton, Alberta, PURE Casino Yellowhead in Edmonton, Alberta, PURE Casino Calgary in Calgary, Alberta, and PURE Casino Lethbridge in Lethbridge, Alberta, from PURE Canadian Gaming Corp. (“PURE” and such real estate assets, the “PURE Portfolio”) for an aggregate purchase price of approximately C$271.9 million (US$200.8 million).
  • VICI financed the transaction with a combination of cash on hand and from drawing down funds under its existing revolving credit facility in Canadian dollars.
  • Simultaneous with the acquisition, VICI entered into a triple-net master lease agreement with PURE (the “PURE Master Lease”) covering the PURE Portfolio.
  • PURE’s obligations under the PURE Master Lease are guaranteed by the parent entity of PURE.

Aclarity Destroys PFAS Chemicals Forever in Full-Scale Pilot

Retrieved on: 
Wednesday, January 11, 2023

BOSTON, Jan. 11, 2023 /PRNewswire/ -- Aclarity, a leading PFAS destruction technology company, announced today that it has successfully destroyed PFAS chemicals at a customer's site, at volume, in landfill leachate, a primary source of PFAS contamination in the environment.

Key Points: 
  • Existing methods for managing PFAS in landfill leachate merely shift PFAS chemicals within our environment.
  • BOSTON, Jan. 11, 2023 /PRNewswire/ -- Aclarity , a leading PFAS destruction technology company, announced today that it has successfully destroyed PFAS chemicals at a customer's site, at volume, in landfill leachate, a primary source of PFAS contamination in the environment.
  • The full-scale pilot , sponsored by Xylem , a leading water technology company, demonstrates that PFAS, otherwise known as "forever chemicals," a class of highly toxic and ubiquitous substances previously resistant to any form of degradation, can be destroyed at full-scale capacity for large operations.
  • "Existing methods for managing PFAS in landfill leachate merely transfer the chemicals within our environment," Julie Bliss Mullen, Aclarity CEO, said.