Africa

Rare Element Resources Announces Results of Oversubscribed Rights Offering of Common Shares

Retrieved on: 
Saturday, December 11, 2021

Rare Element Resources Ltd. (the Company or RER) (OTCQB: REEMF) is pleased to report that its previously announced rights offering of common shares was oversubscribed and generated approximately US$25.4 million in gross proceeds.

Key Points: 
  • Rare Element Resources Ltd. (the Company or RER) (OTCQB: REEMF) is pleased to report that its previously announced rights offering of common shares was oversubscribed and generated approximately US$25.4 million in gross proceeds.
  • The Company will effectively be issuing all of the common shares that were available for subscription under the rights offering.
  • Following the issuance of new common shares pursuant to the rights offering, it is expected that Synchron will own approximately 54.8% of the common shares outstanding.
  • Such forward-looking statements include statements regarding the rights offering, the expected proceeds from the rights offering, the number of shares to be issued in the rights offering and the expected timing for such issuance, Synchrons expected ownership percentage of the outstanding common shares and the expected use of proceeds from the rights offering.

Janssen EMEA Receives Conditional Marketing Authorisation for RYBREVANT® ▼ (amivantamab), the First Treatment Approved for Patients With Advanced Non-Small Cell Lung Cancer (NSCLC) With EGFR Exon 20 Insertion Mutations...

Retrieved on: 
Friday, December 10, 2021

Janssen Research & Development, LLC; Janssen-Cilag, S.A. and Janssen Biotech, Inc. are part of the Janssen Pharmaceutical Companies of Johnson & Johnson.

Key Points: 
  • Janssen Research & Development, LLC; Janssen-Cilag, S.A. and Janssen Biotech, Inc. are part of the Janssen Pharmaceutical Companies of Johnson & Johnson.
  • RYBREVANT (amivantamab-vmjw) Receives FDA Approval as the First Targeted Treatment for Patients with Non-Small Cell Lung Cancer with EGFR Exon 20 Insertion Mutations.
  • 19 Park et al, Amivantamab (JNJ-61186372), an anti-EGFR-MET bispecific antibody, in patients with EGFR exon 20 insertion (exon20ins)-mutated non-small cell lung cancer (NSCLC).
  • Comparative clinical outcomes for patients with NSCLC harboring EGFR exon 20 insertion mutations and common EGFR mutations.

Global Semiconductor Intellectual Property Market Research Report 2021 - ResearchAndMarkets.com

Retrieved on: 
Friday, December 10, 2021

The "Semiconductor Intellectual Property Global Market Report 2021: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Semiconductor Intellectual Property Global Market Report 2021: COVID-19 Growth and Change" report has been added to ResearchAndMarkets.com's offering.
  • The semiconductor intellectual property (IP) market consists of sales of semiconductor intellectual property and related services by entities (organizations, sole traders, and partnerships) that provide integrated circuit layout design that is the intellectual property of its creator or party.
  • The main types of design IP in semiconductor intellectual property (IP) are processor IP, interface IP, memory IP, and others.
  • North America was the second-largest market in the semiconductor intellectual property market.

AM Best Affirms Credit Ratings of Société Centrale de Réassurance

Retrieved on: 
Friday, December 10, 2021

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb (Good) of Socit Centrale de Rassurance (SCR) (Morocco).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb (Good) of Socit Centrale de Rassurance (SCR) (Morocco).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Rio Tinto QMM Launches the Construction of Its Renewable Energy Project

Retrieved on: 
Friday, December 10, 2021

The renewable energy project plays a key role in implementing QMM's 'sustainable mine' concept and enabling Rio Tinto operations in Madagascar to reach carbon neutrality by 2023.

Key Points: 
  • The renewable energy project plays a key role in implementing QMM's 'sustainable mine' concept and enabling Rio Tinto operations in Madagascar to reach carbon neutrality by 2023.
  • The renewable energy plant will be built and operated by CBE, a recognized independent power producer, with whom QMM has signed a 20-year power purchase agreement.
  • QIT Madagascar Minerals (QMM), is a joint venture between Rio Tinto (80%) and the government of Madagascar (20%).
  • QMM includes the deep-water Port dEhoala, where the raw material is shipped to the Rio Tinto Fer et Titane plant in Canada and processed into titanium dioxide.

Writer Information and Morphisec to Jointly Deliver Unified Cyber Threat Prevention Platform in Africa

Retrieved on: 
Friday, December 10, 2021

Writer Information Management Services (Writer Information) , a unit of Writer Business Services and India's largest and most comprehensive information management company, has announced its cyber security services partnership with Morphisec , to offer its cyber threat-prevention platform in the GCC region.

Key Points: 
  • Writer Information Management Services (Writer Information) , a unit of Writer Business Services and India's largest and most comprehensive information management company, has announced its cyber security services partnership with Morphisec , to offer its cyber threat-prevention platform in the GCC region.
  • Morphisec is the latest entrant into Writer Informations compelling and complementing offerings in the cloud and data portfolio in cyber security, data, network and application management.
  • Morphisec solutions deliver operationally simple, proactive prevention unbound by the limits of detection and prediction.
  • Through Morphisec products, we can help our clients to have the best possible protection against unknown cyber threats of ransomware & malware.

Libyan Asset Recovery and Management Office Files Historic Discovery Application in U.S. District Court for the Southern District of New York

Retrieved on: 
Friday, December 10, 2021

LARMO is represented by attorneys from BakerHostetler and Holland & Knight, who filed the application in the United States District Court for the Southern District of New York.

Key Points: 
  • LARMO is represented by attorneys from BakerHostetler and Holland & Knight, who filed the application in the United States District Court for the Southern District of New York.
  • Gaddafi allegedly stole an estimated $100 billion from the Libyan people by embezzling government funds and through corrupt business dealings.
  • LARMO has engaged U.S. law firms BakerHostetler and Holland & Knight to lead a global asset recovery effort.
  • The two firms and LARMO have been working together in this massive recovery effort, said Warren Gluck of Holland & Knight.

Arab Financial Services to raise US$ 98 million to support growth strategy

Retrieved on: 
Thursday, December 9, 2021

MANAMA,Bahrain, Dec. 9, 2021 /PRNewswire/ -- The shareholders of Arab Financial Services Company B.S.C.

Key Points: 
  • MANAMA,Bahrain, Dec. 9, 2021 /PRNewswire/ -- The shareholders of Arab Financial Services Company B.S.C.
  • AFS's Board of Directors welcomed the shareholders'strong commitment to support the company'sstrategy.
  • AFS has successfully laid the groundwork to drive its next chapter of growth with cutting-edge digital payment technologies.
  • Regulated by The Central Bank of Bahrain, and majority-owned by Bank ABC,AFS boasts numerous ground-breaking end-to-end digital payment services and solutions.

Arab Financial Services to raise US$ 98 million to support growth strategy

Retrieved on: 
Thursday, December 9, 2021

MANAMA,Bahrain, Dec. 9, 2021 /PRNewswire/ -- The shareholders of Arab Financial Services Company B.S.C.

Key Points: 
  • MANAMA,Bahrain, Dec. 9, 2021 /PRNewswire/ -- The shareholders of Arab Financial Services Company B.S.C.
  • AFS's Board of Directors welcomed the shareholders'strong commitment to support the company'sstrategy.
  • AFS has successfully laid the groundwork to drive its next chapter of growth with cutting-edge digital payment technologies.
  • Regulated by The Central Bank of Bahrain, and majority-owned by Bank ABC,AFS boasts numerous ground-breaking end-to-end digital payment services and solutions.

Walton Family Foundation Names Amy Saltzman Head of Mississippi River Initiative

Retrieved on: 
Thursday, December 9, 2021

"Over the past five years, Amy has built an extensive understanding of the relationships and ecosystems in the Mississippi River region. That is exactly what the foundation needs as we continue to focus on building stronger communities centered on conserving nature," said Moira Mcdonald, director of the Walton Family Foundation Environment Program. "To be successful nationally, our climate adaptation strategies must center on water -- as we know that flooding, storm and drought are how people are experiencing climate change -- and must include people in rural communities who are living these impacts every day."

Key Points: 
  • WASHINGTON, Dec. 9, 2021 /PRNewswire/ --The Walton Family Foundation announced today that Amy Saltzman will serve as a senior program officer leading the foundation's Mississippi River initiative, which seeks to support healthy soils, clean water and a restored and resilient Mississippi River system.
  • "Over the past five years, Amy has built an extensive understanding of the relationships and ecosystems in the Mississippi River region.
  • That is exactly what the foundation needs as we continue to focus on building stronger communities centered on conserving nature," said Moira Mcdonald, director of the Walton Family Foundation Environment Program.
  • The Walton Family Foundation is, at its core, a family-led foundation.