Month: October 2021

Release – Engine Media Announces Upcoming Name Change to Engine Gaming and Media, Inc.

Posted on by Admin

 


Engine Media Announces Upcoming Name Change to Engine Gaming and Media, Inc.

NEW YORK, October 15, 2021 — Engine Media Holdings, Inc. (“Engine” or the “Company”; NASDAQ: GAME; TSX-V: GAME), an esports/sports gaming and next-generation media solutions company, is pleased to announce that it has filed with the TSX Venture Exchange (the “Exchange”) a notice of name change to “Engine Gaming and Media, Inc.”  The name change is expected to be effective at the start of trading on October 19, 2021, and the Company’s shares will continue to trade under the “GAME” symbol.

“For some time we have believed that our corporate name, Engine Media Holdings, didn’t fully capture the scope of our operations and the centrality of gaming in our company’s overall business model, given that, Engine’s WinView, UMG, Eden and Stream Hatchet units, are all gaming related businesses” noted Lou Schwartz, Engine’s CEO.  “While this update is minor, we believe it will be an important step in highlighting our gaming DNA to the various communities and marketplaces in which we operate.”  The foregoing name change remains subject to final TSXV acceptance.

About Engine Media Holdings, Inc.

Engine Media Holdings Inc. is traded publicly under the ticker symbol (NASDAQ: GAME) (TSX-V: GAME). Engine provides premium social sports and esports gaming experiences, as well as unparalleled data analytics, marketing, advertising, and intellectual property to support its owned and operated direct-to-consumer properties while also providing these services to enable its clients and partners. The company’s subsidiaries include Stream Hatchet, the global leader in gaming video distribution analytics; Sideqik, a social influencer marketing discovery, analytics, and activation platform; Eden Games, a premium motorsport video game developer and publisher across console and mobile gaming; WinView Games, a social predictive play-along gaming platform for viewers to play while watching live events; UMG, an end-to-end competitive esports platform powering and broadcasting major esports events, as well as daily community tournaments, matches, and ladders; and Frankly Media, a digital publishing platform used to create, distribute and monetize content across all digital channels. Engine Media generates revenue through a combination of direct-to-consumer and subscription fees, streaming technology and data SaaS-based offerings, programmatic advertising, and sponsorships.

Cautionary Statement on Forward-Looking Information

This news release contains forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Engine to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. In respect of the forward-looking information contained herein, including the name change described herein and the potential outcomes and benefits to be derived therefrom, Engine has provided such statements and information in reliance on certain assumptions that management believed to be reasonable at the time. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements stated herein to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on forward-looking information contained in this news release.

The forward-looking statements contained in this news release are made as of the date of this release and, accordingly, are subject to change after such date. Engine does not assume any obligation to update or revise any forward-looking statements, whether written or oral, that may be made from time to time by us or on our behalf, except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For Further Information:

Investors

Ryan Lawrence, ICR

Ryan.Lawrence@icrinc.com

332-242-4321

 

Media

James Goldfarb, Sloane & Company

jgoldfarb@sloanepr.com

212-446-1869

Release – Esports Entertainment Group Announces Fan-Centered EGL ClubClash Program with Professional Sports Teams

Posted on by Admin

 


Esports Entertainment Group Announces Fan-Centered EGL ClubClash Program with Professional Sports Teams

Newark, New Jersey–(Newsfile Corp. – October 21, 2021) – Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW) (or the “Company”) has partnered with a number of professional sports teams as their official esports tournament provider. Over the past year, fans of these organizations have enjoyed playing in one-off tournaments to see who is the best gamer. In an effort to provide fans more opportunities for interaction with one another and all of the participating teams, the Company is excited to unveil a brand new, immersive program titled “EGL ClubClash”, which gives fans the opportunity to play on their team’s behalf to prove which team has the greatest gamers.

As competitors play different games, they will earn team and individual points called “ClubClash Rep” which can be used to redeem everything from team merchandise to tickets. Some of the top prizes include tickets to a home game, signed and game worn memorabilia, video messages from players and more.

“With the unveiling of EGL ClubClash, we’re thrilled to bring a unique experience to sports and esports fans alike,” said Magnus Leppäniemi, President of Esports at Esports Entertainment Group. “Competitors will get to play their favorite games while also being able to earn exclusive experiences that bring them closer to the team they follow and represent during this program.”

Each professional team participating in EGL ClubClash will have their own leaderboards with constant updates on weekly and lifetime ranking in addition to where the team stands in the overall program standings. EGL Club Clash will have two distinct areas – Arena and Arcade – with arena being a more traditional competitive platform where players will vie for Rep and cash prizes through solo play and tournaments. Meanwhile, Arcade allows players to compete at any time to earn Rep.

EGL ClubClash’s Arena mode opens up preseason registration on October 25, 2021 with the preseason getting underway on November 24. The preseason finals will take place December 15-18. Madden, Fortnite, Rocket League and Valorant are the four games selected for the preseason. The first full season (arcade and arena) kicks off on January 3, 2022, with the finals taking place March 23-26.

About Esports Entertainment Group

Esports Entertainment Group is a full stack esports and online gambling company fueled by the growth of video-gaming and the ascendance of esports with new generations. Our mission is to help connect the world at large with the future of sports entertainment in unique and enriching ways that bring fans and gamers together. Esports Entertainment Group and its affiliates are well-poised to help fans and players to stay connected and involved with their favorite esports. From traditional sports partnerships with professional NFL/NHL/NBA/FIFA teams, community-focused tournaments in a wide range of esports, and boots-on-the-ground LAN cafes, EEG has influence over the full-spectrum of esports and gaming at all levels. The Company maintains offices in New Jersey, the UK and Malta. For more information visit www.esportsentertainmentgroup.com.

Forward-Looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

U.S. Investor Relations
RedChip Companies, Inc.
Dave Gentry
407-491-4498

dave@redchip.com

Media Inquiries
brandon.apter@esportsentertainmentgroup.com

Investor Relations Inquiries
Jeff@esportsentertainmentgroup.com

Release – Gray Announces Proposed $1.5 Billion Incremental Term Loan and $500 Million Revolving Credit Facility Updates Guidance for Third Quarter 2021

Posted on by Admin


Gray Announces Proposed $1.5 Billion Incremental Term Loan and $500 Million Revolving Credit Facility; Updates Guidance for Third Quarter 2021

 

ATLANTA, Oct. 20, 2021 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that in connection with its pending acquisition of the Local Media Group of Meredith Corporation (“Meredith LMG”), Gray is proposing, subject to market and other conditions, to enter into an amendment and restatement of its existing senior credit facility (the “Senior Credit Facility”). Gray also announced updates to certain of its previously announced guidance for the third quarter of 2021, based on preliminary information available to date.

Comments on Proposed Senior Credit Facility Amendment and Incremental Loans:

Gray expects to amend its Senior Credit Facility through some or all of the following, which would:

  • Provide for an additional $1.5 billion seven-year incremental term loan under the Senior Credit Facility to finance, in part, the acquisition of Meredith LMG, and

  • Amend and restate certain terms of its revolving credit facility to increase borrowing capacity under the facility from $300 million to up to $500 million, which would consist of (i) a $425 million credit facility with five year commitments, and (ii) a $75 million credit facility with commitments expiring January 2, 2026.

We cannot provide any assurance about the timing, terms, or interest rate associated with the planned financing, or that the financing transactions will be completed.

Comments on Updated Third Quarter 2021 Guidance:

Gray initially issued guidance for third quarter 2021 on August 5, 2021. While Gray is continuing the process of finalizing its financial results for the third quarter of 2021, Gray today is updating its guidance on its estimated results of operations as set forth below. This updated guidance represents the most current information and estimates available to Gray as of the date of this release. We have not yet completed our normal financial closing and review process; therefore, these estimates are subject to change upon finalization. As a result, our actual results may be different and such differences could be material. Investors should exercise caution in relying on the information contained herein and should not draw any inferences from this information regarding financial or operating data that is not presented below.

    Updated Guidance
Selected operating data:   Low End
Guidance for
the Third
Quarter of
2021		   % Change From
Third
Quarter of
2020		   High End
Guidance for
the Third
Quarter of
2021		   % Change From
Third
Quarter of
2020		   Third
Quarter of
2020
    (dollars in millions)
                         
OPERATING REVENUE:                        
                         
Broadcasting Revenue (less agency commissions)   $ 570   (4 )%   $ 580   (2 )%   $ 593
                     
Total Revenue (less agency commissions)   $ 590   (2 )%   $ 600   (1 )%   $ 604
                     
                         
OPERATING EXPENSES                        
(before depreciation, amortization and gain on disposal of assets):                        
Broadcasting   $ 385   18 %   $ 390   20 %   $ 326
Production companies   $ 13   63 %   $ 14   75 %   $ 8
Corporate and administrative (1)   $ 30   100 %   $ 35   133 %   $ 15

(1) Corporate and administrative expenses include approximately $11 million of transaction related expenses

Including the impact of our acquisition of Quincy Media, Inc. and related divestitures that occurred on August 2, 2021, our previous guidance range for broadcasting revenue was from $571 million to $581 million; our previous guidance range for broadcasting expenses was from $387 million to $390 million; our previous guidance range for production company expenses was from $12 million to $13 million, and our previous guidance range for corporate and administrative expenses was from $27 million to $30 million.

As of September 30, 2021, we currently expect to report approximately:

  • $322 million of cash on hand
  • $1,785 million principal amount of secured debt; and
  • $4,035 million principal amount of total debt (excluding unamortized deferred financing costs and premium).

We currently anticipate that our total leverage ratio, as defined under our Senior Credit Facility, measured on a trailing eight quarter basis, netting all cash on hand, and giving pro forma effect for all acquisitions completed through the date of this release, will be between 4.15 times and 4.20 times as of September 30, 2021.

The Company

Gray Television, headquartered in Atlanta, Georgia, is the largest owner of top-rated local television stations and digital assets in the United States. Upon the closing of its acquisition of Meredith Corporation’s local media group, Gray will become the nation’s second largest television broadcaster, with television stations serving 113 markets that reach approximately 36 percent of US television households. The pro forma portfolio includes 79 markets with the top-rated television station and 101 markets with the first and/or second highest rated television station according to Comscore’s audience measurement data. Gray also owns video program production, marketing, and digital businesses including Raycom Sports, Tupelo Honey, and RTM Studios, the producer of PowerNation programs and content and is the majority owner of Swirl Films.

Cautionary Statements for Purposes of the “Safe Harbor” Provisions of the Private Securities Litigation Reform Act

This press release contains certain forward-looking statements that are based largely on Gray’s current expectations and reflect various estimates and assumptions by Gray. These statements are statements other than those of historical fact, and may be identified by words such as “estimates,” “expect,” “anticipate,” “will,” “implied,” “assume” and similar expressions. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results and achievements to differ materially from those expressed in such forward-looking statements. Such risks, trends and uncertainties, which in some instances are beyond Gray’s control, include Gray’s ability to complete its pending acquisition of Meredith Corporation’s local media group or other pending transactions on the terms and within the timeframe currently contemplated, any material regulatory or other unexpected requirements in connection therewith, and other future events. Gray is subject to additional risks and uncertainties described in Gray’s quarterly and annual reports filed with the Securities and Exchange Commission from time to time, including in the “Risk Factors,” and management’s discussion and analysis of financial condition and results of operations sections contained therein, which reports are made publicly available via its website, www.gray.tv. Any forward-looking statements in this communication should be evaluated in light of these important risk factors. This press release reflects management’s views as of the date hereof. Except to the extent required by applicable law, Gray undertakes no obligation to update or revise any information contained in this communication beyond the date hereof, whether as a result of new information, future events or otherwise.

Gray Contacts:

www.gray.tv
Jim Ryan, Executive Vice President and Chief Financial Officer, 404-504-9828
Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-266-8333 

Release – Palladium One Obtains Both OTCQB Market Listing and DTC Eligibility

Posted on by Admin


Palladium One Obtains Both OTCQB Market Listing and DTC Eligibility

 

October 20, 2021 – Toronto, Ontario – Palladium One Mining Inc. (TSX-V: PDM, OTCQB: NKORF, FRA: 7N11) (the “Company” or “Palladium One”) is pleased to announce that its common shares are now eligible for settlement through the Depository Trust Company (“DTC”), a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-traded companies in the United States.

Palladium One’s common shares are now fully DTC eligible and will continue to trade in the United States on the OTCQB under the ticker symbol “NKORF”.Through an electronic method of clearing securities, DTC eligibility significantly reduces the costs and accelerates the settlement process for investors and brokers, allowing the Company’s common shares to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.

“Providing broader and more efficient access for US investors to participate in our discovery successes, will enhance our shareholder base. In light of the ‘green transportation’ dynamic gripping the United States and elsewhere, timing is ideal, to provide US investors with more efficient investment access to Palladium One’s common shares.” stated Derrick Weyrauch, President and CEO.

Trading on the OTCQB

The OTCQB listing, when combined with DTC eligibility, is anticipated to provide greater liquidity and a more seamless trading experience for existing U.S. shareholders and potential new investors. An OTCQB listing provides exemptions from certain U.S. state securities laws or “blue sky” exemptions which may help to further increase liquidity and expand the ability of investment advisors’ to research and recommend investment in Palladium One.

About Palladium One

Palladium One Mining Inc. is an exploration company targeting district scale, platinum-group-element (PGE)-copper nickel deposits in Finland and Canada. Its flagship project is the Läntinen Koillismaa or LK Project, a palladium dominant platinum group element-copper-nickel project in north-central Finland, ranked by the Fraser Institute as one of the world’s top countries for mineral exploration and development. Exploration at LK is focused on targeting disseminated sulfides along 38 kilometers of favorable basal contact and building on an established NI 43-101 open pit Mineral Resource.

ON BEHALF OF THE BOARD
“Derrick Weyrauch”
President & CEO, Director

For further information contact: Derrick Weyrauch, President & CEO
Email: info@palladiumoneinc.com

Neither the TSX Venture Exchange nor its Market Regulator (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release includes “forward-looking information” that is subject to a few assumptions, risks and uncertainties, many of which are beyond the control of the Company. Statements regarding listing of the Company’s common shares on the TSXV are subject to all of the risks and uncertainties normally incident to such events. Investors are cautioned that any such statements are not guarantees of future events and that actual events or developments may differ materially from those projected in the forward-looking statements. Such forward-looking statements represent management’s best judgment based on information currently available. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions and general business conditions. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those set out in the Company’s annual information form dated April 27, 2021 and filed under the Company’s profile on SEDAR at www.sedar.com. The Company does not undertake to update forward?looking statements or forward?looking information, except as required by law. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements.

Release – Capstone Green Energy Continues Market Penetration In Latin America With First District Cooling Application For Llanogas

Posted on by Admin

 


Capstone Green Energy (NASDAQ:CGRN) Continues Market Penetration In Latin America With First District Cooling Application For Llanogas

 

The Microturbine Enclosure Will Be Sized to Accommodate Future Expansion

VAN NUYS, CA / ACCESSWIRE / October 20, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) (“Capstone” or the “Company”), a global leader in carbon reduction and on-site resilient green energy solutions, announced today that Supernova Energy Services (www.supernova-es.com), Capstone’s exclusive distributor for Colombia and Venezuela, secured an order for a three-bay C400 Signature Series microturbine to be installed in a cogeneration application and supply electricity and cooling for Llanogas, a leading natural gas utility company in Colombia.

The success and demonstrated benefits of a pilot project at Llanogas’ headquarters in Villacencio, Meta, Colombia led officials to install a three-bay natural-gas fueled C400S microturbine package at a nearby office complex located near El Barzal. The system is the first district cooling application in the country. In this application, cold water is produced in a centralized location for distribution to buildings like offices and factories through a network of insulated underground pipes. District cooling offers a modern, efficient way to air condition a network of buildings in cities or complexes and contribute to improving a reliable energy infrastructure.

“Carbon reduction practices are evolving in exciting new ways, and energy efficiency strategies are evolving with them,” said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “Capstone solutions deliver essential power reliability and energy efficiency that energy dense customers require, which, in turn, improves their return on investment. At the same time, our systems lower their carbon footprint,” added Mr. Jamison.

Committed to the care and preservation of the environment, Llanogas officials actively sought a cogeneration solution that would offset their carbon footprint and maximize overall energy efficiency. Capstone’s innovative technology was selected for its scalability, resiliency, and ability to reduce energy costs while simultaneously reducing emissions of pollutants and greenhouse gases.

“This will be an iconic project in the city of Villavicencio, it being the first dedicated office complex with the capacity to provide cooling for several adjacent buildings and trend setting technologically with the cooling water energy storage,” said Nestor Moseres, President of Supernova Energy Services.

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated at 1,115,100 tons of carbon and $698 million in annual energy savings.

For more information about the Company, please visit: www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for green initiatives and execution on the Company’s growth strategy and other statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

CONTACT:
Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

Noble Capital Markets Analyst Profile – Poe Fratt

Posted on by Admin

C. K. Poe Fratt
Senior Transportation & Logistics Analyst

Bio

Poe Fratt joined Noble Capital Markets in 2017 with extensive experience covering the energy industry for more than 28 years, both on the sell side and buy side. Poe focuses on the Transportation & Logistics Sector, which includes marine shipping and surface transportation. Prior to joining Noble, he established energy research coverage at D.A. Davidson, mainly focused on midstream and Master Limited Partners (MLPs), in 2015 and was an analyst covering energy and industrials at a deep value hedge fund. Prior to moving to the buy side in 2009, he was the Senior Oilfield Service Analyst at A.G. Edwards for nine years. At A.G. Edwards, he was cited as a top stock picker by the Wall Street Journal in the 2005 and 2006 “Best on the Street” surveys. He also worked at other major investment firms in New York, including BT Alex. Brown, Smith Barney, Loews Corporation, and Lehman Brothers. Poe holds a history degree from Stanford University and earned an MBA from Cornell University (Johnson School).

Credentials

Senior Equity Analyst focused in the Transportation & Logistics sector. More than 28 years of experience on the buy-side and sell-side. Holds a history degree from Stanford University and earned an MBA from Cornell University (Johnson School).

Named WSJ ‘Best on the Street’ Analyst twice.

FINRA licenses 7, 63, 65, 86, 87.

Coverage List


EGLE (NasdaqGS)
ESOA (OTCQB)
EDRY (Nasdaq)
ESEA (Nasdaq)

GNK (NYSE)
GEVO (Nasdaq)
GLDD (NasdaqGS)
GRIN (NasdaqGS)

ORN (NYSE)
PANL (Nasdaq)
PXS (Nasdaq)
SHIP (Nasdaq)


About TipRanks: TipRanks uses Natural Language Processing (NLP) algorithms to aggregate and analyze financial data online. This method, according to the TipRanks website, provides a data-driven measure of accuracy based on the statistical ability of an expert to generate profits and make correct stock recommendations. It is important to note that TipRanks “recommendations,” associated with Noble Capital Markets (Noble) analysts, are inconsistent with the equity research reports published by Noble analysts. Noble analysts do not offer “buy”, “sell” or “hold” recommendations. Noble analysts only offer market commentary on the companies they cover. Channelchek is provided at no cost to be used for information purposes only and not as investment advisement. TipRanks is independent and not affiliated in any way with Noble Financial Group, Inc., Noble Capital Markets, Noble analysts or Channelchek. *TipRanks is the source of the statistical data. Noble Financial Group, Inc., Noble Capital Markets and Channelchek have not independently verified the accuracy of the data. Statistical data shown is as of June 29, 2021 and is subject to change.

Noble Capital Markets Analyst Profile – Michael Heim

Posted on by Admin

Michael Heim
Senior Energy & Utilities Analyst

Bio

Michael C. Heim, CFA joined Noble Capital Markets in the fall of 2014 bringing more than twenty years of experience following energy and utility stocks. Prior to joining Noble, Mr. Heim spent eighteen years at A.G. Edwards & Sons as a sell-side analyst and two years at Sawtooth Investment Management as a buy-side hedge fund analyst. He is a four-time winner of Wall Street Journal’s “Best on the Street” (2003, 2001, 2000, 1999) and three-time winner of Forbes/StarMine’s “Best Brokerage Analyst” (2007, 2007, 2006). Mr. Heim is a Chartered Financial Analyst and holds an MBA from Washington University in St. Louis and a BA in Economics from Carleton College in Minnesota.

Credentials

Senior Equity Analyst focusing on energy and utility stocks. 24 years of experience as an analyst. Chartered Financial Analyst©. MBA from Washington University in St. Louis and BA in Economics from Carleton College in Minnesota. Professor at St. Louis University’s MBA program.

Named WSJ ‘Best on the Street’ Analyst four times. Named Forbes/StarMine’s “Best Brokerage Analyst” three times.

FINRA licenses 7, 63, 86, 87.

Coverage List


CGRN (Nasdaq)
UUUU (AMERA)
FTK (NYSE)
INDO (NYSE)

IPOOF (OTCQX)
KNDI (Nasdaq)


About TipRanks: TipRanks uses Natural Language Processing (NLP) algorithms to aggregate and analyze financial data online. This method, according to the TipRanks website, provides a data-driven measure of accuracy based on the statistical ability of an expert to generate profits and make correct stock recommendations. It is important to note that TipRanks “recommendations,” associated with Noble Capital Markets (Noble) analysts, are inconsistent with the equity research reports published by Noble analysts. Noble analysts do not offer “buy”, “sell” or “hold” recommendations. Noble analysts only offer market commentary on the companies they cover. Channelchek is provided at no cost to be used for information purposes only and not as investment advisement. TipRanks is independent and not affiliated in any way with Noble Financial Group, Inc., Noble Capital Markets, Noble analysts or Channelchek. *TipRanks is the source of the statistical data. Noble Financial Group, Inc., Noble Capital Markets and Channelchek have not independently verified the accuracy of the data. Statistical data shown is as of June 29, 2021 and is subject to change.

Capstone Green Energy (NASDAQ:CGRN) Continues Market Penetration In Latin America With First District Cooling Application For Llanogas

Posted on by Admin

 


Capstone Green Energy (NASDAQ:CGRN) Continues Market Penetration In Latin America With First District Cooling Application For Llanogas

 

The Microturbine Enclosure Will Be Sized to Accommodate Future Expansion

VAN NUYS, CA / ACCESSWIRE / October 20, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) (“Capstone” or the “Company”), a global leader in carbon reduction and on-site resilient green energy solutions, announced today that Supernova Energy Services (www.supernova-es.com), Capstone’s exclusive distributor for Colombia and Venezuela, secured an order for a three-bay C400 Signature Series microturbine to be installed in a cogeneration application and supply electricity and cooling for Llanogas, a leading natural gas utility company in Colombia.

The success and demonstrated benefits of a pilot project at Llanogas’ headquarters in Villacencio, Meta, Colombia led officials to install a three-bay natural-gas fueled C400S microturbine package at a nearby office complex located near El Barzal. The system is the first district cooling application in the country. In this application, cold water is produced in a centralized location for distribution to buildings like offices and factories through a network of insulated underground pipes. District cooling offers a modern, efficient way to air condition a network of buildings in cities or complexes and contribute to improving a reliable energy infrastructure.

“Carbon reduction practices are evolving in exciting new ways, and energy efficiency strategies are evolving with them,” said Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “Capstone solutions deliver essential power reliability and energy efficiency that energy dense customers require, which, in turn, improves their return on investment. At the same time, our systems lower their carbon footprint,” added Mr. Jamison.

Committed to the care and preservation of the environment, Llanogas officials actively sought a cogeneration solution that would offset their carbon footprint and maximize overall energy efficiency. Capstone’s innovative technology was selected for its scalability, resiliency, and ability to reduce energy costs while simultaneously reducing emissions of pollutants and greenhouse gases.

“This will be an iconic project in the city of Villavicencio, it being the first dedicated office complex with the capacity to provide cooling for several adjacent buildings and trend setting technologically with the cooling water energy storage,” said Nestor Moseres, President of Supernova Energy Services.

About Capstone Green Energy

Capstone Green Energy (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN) is a leading provider of customized microgrid solutions and on-site energy technology systems focused on helping customers around the globe meet their environmental, energy savings, and resiliency goals. Capstone Green Energy focuses on four key business lines. Through its Energy as a Service (EaaS) business, it offers rental solutions utilizing its microturbine energy systems and battery storage systems, comprehensive Factory Protection Plan (FPP) service contracts that guarantee life-cycle costs, as well as aftermarket parts. Energy Conversion Products are driven by the Company’s industry-leading, highly efficient, low-emission, resilient microturbine energy systems offering scalable solutions in addition to a broad range of customer-tailored solutions, including hybrid energy systems and larger frame industrial turbines. The Energy Storage Products business line designs and installs microgrid storage systems creating customized solutions using a combination of battery technologies and monitoring software. Through Hydrogen Energy Solutions, Capstone Green Energy offers customers a variety of hydrogen products, including the Company’s microturbine energy systems.

For customers with limited capital or short-term needs, Capstone offers rental systems; for more information, contact: rentals@CGRNenergy.com. To date, Capstone has shipped over 10,000 units to 83 countries and estimates that, in FY21, it saved customers over $217 million in annual energy costs and approximately 397,000 tons of carbon. Total savings over the last three years are estimated at 1,115,100 tons of carbon and $698 million in annual energy savings.

For more information about the Company, please visit: www.CapstoneGreenEnergy.com. Follow Capstone Green Energy on Twitter, LinkedIn, Instagram, Facebook, and YouTube.

Cautionary Note Regarding Forward-Looking Statements

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding expectations for green initiatives and execution on the Company’s growth strategy and other statements regarding the Company’s expectations, beliefs, plans, intentions, and strategies. The Company has tried to identify these forward-looking statements by using words such as “expect,” “anticipate,” “believe,” “could,” “should,” “estimate,” “intend,” “may,” “will,” “plan,” “goal” and similar terms and phrases, but such words, terms and phrases are not the exclusive means of identifying such statements. Actual results, performance and achievements could differ materially from those expressed in, or implied by, these forward-looking statements due to a variety of risks, uncertainties and other factors, including, but not limited to, the following: the ongoing effects of the COVID-19 pandemic; the availability of credit and compliance with the agreements governing the Company’s indebtedness; the Company’s ability to develop new products and enhance existing products; product quality issues, including the adequacy of reserves therefor and warranty cost exposure; intense competition; financial performance of the oil and natural gas industry and other general business, industry and economic conditions; the Company’s ability to adequately protect its intellectual property rights; and the impact of pending or threatened litigation. For a detailed discussion of factors that could affect the Company’s future operating results, please see the Company’s filings with the Securities and Exchange Commission, including the disclosures under “Risk Factors” in those filings. Except as expressly required by the federal securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, changed circumstances or future events or for any other reason.

CONTACT:
Capstone Green Energy
Investor and investment media inquiries:
818-407-3628
ir@CGRNenergy.com

SOURCE: Capstone Green Energy Corporation

FenixOro CEO John Carlesso Featured in Noble Capital Markets C-Suite Interview

Posted on by Admin


FenixOro CEO John Carlesso Featured in Noble Capital Markets C-Suite Interview

 

  TORONTO, Oct. 20, 2021 (GLOBE NEWSWIRE) — FenixOro Gold Corp (CSE:FENX) (OTCQB:FDVXF) (Frankfurt:8FD) is pleased to announce their participation in Noble Capital Markets’ C-Suite Interview Series, presented by Channelchek.

FenixOro CEO John Carlesso sat down with Noble Capital Markets Senior Research Analyst Mark Reichman for an exclusive interview to discuss the Company’s Abriaqui Gold Project. Topics covered include:

  • The business and political climate in Colombia and what makes it an attractive jurisdiction
  • The accessibility and infrastructure of the property
  • Exploration and drilling results to date; Mineralization potential
  • The progress at Abriaqui towards a formal maiden resource estimate
  • Upcoming potential catalysts for the Company

The interview was recorded on October 5, 2021 and is available now at Channelchek

About FenixOro Gold Corp.

FenixOro Gold Corp is a Canadian company focused on acquiring and exploring gold projects with world class exploration potential in the most prolific gold producing regions of Colombia. FenixOro’s flagship property, the Abriaqui project, is the closest project to Continental Gold’s Buritica project. It is located 15 km to the west in Antioquia State at the northern end of the Mid-Cauca gold belt, a geological trend which has seen multiple large gold discoveries in the past 10 years including Buritica and Anglo Gold’s Nuevo Chaquiro and La Colosa. As documented in “NI 43-101 Technical Report on the Abriaqui project Antioquia State, Colombia” (December 5, 2019), the geological characteristics of Abriaqui and Buritica are similar. Since the preparation of this report a Phase 1 drilling program has been completed at Abriaqui resulting in a significant discovery of a high grade, “Buritica style” gold deposit. A Phase 2 drilling program has recently commenced.

FenixOro’s VP of Exploration, Stuart Moller, led the discovery team at Buritica for Continental Gold in 2007-2011. At the time of its latest public report, the Buritica Mine contains measured plus indicated resources of 5.32 million ounces of gold (16.02 Mt grading 10.32 g/t) plus a 6.02 million ounce inferred resource (21.87 Mt grading 8.56 g/t) for a total of 11.34 million ounces of gold resources Buritica began formal production in November 2020 and has expected annual average production of 250,000 ounces at an all-in sustaining cost of approximately US$600 per ounce. Resources, cost and production data are taken from Continental Gold’s “NI 43-101 Buritica Mineral Resource 2019-01, Antioquia, Colombia, 18 March, 2019”). Continental Gold was recently the subject of a takeover by Zijin Mining in an all-cash transaction valued at C$1.4 billion.

About Noble Capital Markets

Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 37 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports. www.noblecapitalmarkets.com email: contact@noblecapitalmarkets.com

About Channelchek

Channelchek.com is a comprehensive investor-centric portal – featuring more than 6,000 emerging growth companies – that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984. channelchek.vercel.app email: contact@channelchek.vercel.app

FenixOro Gold Corp
John Carlesso, CEO
Email: info@FenixOro.com
Website: www.FenixOro.com
Telephone: 1-833-ORO-GOLD

Flying Electric Cars That Fit in Your Garage

Posted on by Admin 


	Image Credit: XPeng Motors Twitter

The Era of Flying Cars May Have Just Dawned

 

Some electric vehicle (EV) companies are not limiting their vehicles to the road. Yesterday (October 19), XPeng Motors ($XPEV), a Chinese company with the slogan “Pioneering mobility, Exploring technology,” announced a $500 million investment in a company that designs flying cars — they already have a prototype.

XPeng announced the half-billion $US dollar investment in Chinese urban air mobility company HT Aero in a news release. HT Aero is an eight-year-old company that is in the flying car business. The company has built prototypes and brought one it calls the “X2” to a Chinese air show in September.

While many have dreamed for decades of the day they could have a “car” in the garage that would easily fly over traffic and gain access to areas past where the road ends; the vision may have been very different than the current HT Aero prototypes. The X2 is all-electric, has vertical take-off and landing, and incorporates XPeng’s charging technology. There is an overlap with the autonomous driving technology incorporated for both on and off-road. The thought is the average operator will need some help operating an aircraft without advanced pilot training.

 

Image Credit: HA.com

 

Image Credit: Xpeng HT

In the news release, Xpeng Motors expressed: “What we are seeing is the integration of the three driving forces of smart mobility–disruptive technology, new sources of energy, and mass production. We will embrace this opportunity, which is unprecedented in the history of modern transportation.”

 

Plans for a Domestic Flying Car?

Joby
Aviation which is headquartered in Santa Cruz, California is building an urban air-mobility business. It has been described as a Tesla plus Uber, in the skies. Joby plans to merge with a SPAC sponsored by LinkedIn co-founder Reid Hoffman.

Elon Musk had once been asked at a shareholder meeting if flying vehicles were on his “to-do” list, “Electric planes, yes, I’ve been dying to do that for a decade, honestly,” Musk continued to express that there are no immediate plans as he has a lot on his plate already.

 

Suggested Reading:



Lithium Prices Continue Their Ascent

Lithium-Ion Power vs Hydrogen Fuel Cell

 

 

Sources:

https://www.businesswire.com/news/home/20210923006034/en/XPeng-Backed-HT-Aero-Unveils-Flying-Vehicle-City-Usage-Scenarios

https://portalvhds1fxb0jchzgjph.blob.core.windows.net/press-releases-attachments/1342450/HKEX-EPS_20211019_9978428_0.PDF

https://www.aeroht.com/

https://www.barrons.com/articles/xpeng-stock-flying-cars-51634600418

 

Stay up to date. Follow us:

 

Gray Announces Proposed $1.5 Billion Incremental Term Loan and $500 Million Revolving Credit Facility; Updates Guidance for Third Quarter 2021

Posted on by Admin


Gray Announces Proposed $1.5 Billion Incremental Term Loan and $500 Million Revolving Credit Facility; Updates Guidance for Third Quarter 2021

 

ATLANTA, Oct. 20, 2021 (GLOBE NEWSWIRE) — Gray Television, Inc. (“Gray,” “we,” “us” or “our”) (NYSE: GTN) announced today that in connection with its pending acquisition of the Local Media Group of Meredith Corporation (“Meredith LMG”), Gray is proposing, subject to market and other conditions, to enter into an amendment and restatement of its existing senior credit facility (the “Senior Credit Facility”). Gray also announced updates to certain of its previously announced guidance for the third quarter of 2021, based on preliminary information available to date.

Comments on Proposed Senior Credit Facility Amendment and Incremental Loans:

Gray expects to amend its Senior Credit Facility through some or all of the following, which would:

  • Provide for an additional $1.5 billion seven-year incremental term loan under the Senior Credit Facility to finance, in part, the acquisition of Meredith LMG, and

  • Amend and restate certain terms of its revolving credit facility to increase borrowing capacity under the facility from $300 million to up to $500 million, which would consist of (i) a $425 million credit facility with five year commitments, and (ii) a $75 million credit facility with commitments expiring January 2, 2026.

We cannot provide any assurance about the timing, terms, or interest rate associated with the planned financing, or that the financing transactions will be completed.

Comments on Updated Third Quarter 2021 Guidance:

Gray initially issued guidance for third quarter 2021 on August 5, 2021. While Gray is continuing the process of finalizing its financial results for the third quarter of 2021, Gray today is updating its guidance on its estimated results of operations as set forth below. This updated guidance represents the most current information and estimates available to Gray as of the date of this release. We have not yet completed our normal financial closing and review process; therefore, these estimates are subject to change upon finalization. As a result, our actual results may be different and such differences could be material. Investors should exercise caution in relying on the information contained herein and should not draw any inferences from this information regarding financial or operating data that is not presented below.

    Updated Guidance
Selected operating data:   Low End
Guidance for
the Third
Quarter of
2021		   % Change From
Third
Quarter of
2020		   High End
Guidance for
the Third
Quarter of
2021		   % Change From
Third
Quarter of
2020		   Third
Quarter of
2020
    (dollars in millions)
                         
OPERATING REVENUE:                        
                         
Broadcasting Revenue (less agency commissions)   $ 570   (4 )%   $ 580   (2 )%   $ 593
                     
Total Revenue (less agency commissions)   $ 590   (2 )%   $ 600   (1 )%   $ 604
                     
                         
OPERATING EXPENSES                        
(before depreciation, amortization and gain on disposal of assets):                        
Broadcasting   $ 385   18 %   $ 390   20 %   $ 326
Production companies   $ 13   63 %   $ 14   75 %   $ 8
Corporate and administrative (1)   $ 30   100 %   $ 35   133 %   $ 15

(1) Corporate and administrative expenses include approximately $11 million of transaction related expenses

Including the impact of our acquisition of Quincy Media, Inc. and related divestitures that occurred on August 2, 2021, our previous guidance range for broadcasting revenue was from $571 million to $581 million; our previous guidance range for broadcasting expenses was from $387 million to $390 million; our previous guidance range for production company expenses was from $12 million to $13 million, and our previous guidance range for corporate and administrative expenses was from $27 million to $30 million.

As of September 30, 2021, we currently expect to report approximately:

  • $322 million of cash on hand
  • $1,785 million principal amount of secured debt; and
  • $4,035 million principal amount of total debt (excluding unamortized deferred financing costs and premium).

We currently anticipate that our total leverage ratio, as defined under our Senior Credit Facility, measured on a trailing eight quarter basis, netting all cash on hand, and giving pro forma effect for all acquisitions completed through the date of this release, will be between 4.15 times and 4.20 times as of September 30, 2021.

The Company

Gray Television, headquartered in Atlanta, Georgia, is the largest owner of top-rated local television stations and digital assets in the United States. Upon the closing of its acquisition of Meredith Corporation’s local media group, Gray will become the nation’s second largest television broadcaster, with television stations serving 113 markets that reach approximately 36 percent of US television households. The pro forma portfolio includes 79 markets with the top-rated television station and 101 markets with the first and/or second highest rated television station according to Comscore’s audience measurement data. Gray also owns video program production, marketing, and digital businesses including Raycom Sports, Tupelo Honey, and RTM Studios, the producer of PowerNation programs and content and is the majority owner of Swirl Films.

Cautionary Statements for Purposes of the “Safe Harbor” Provisions of the Private Securities Litigation Reform Act

This press release contains certain forward-looking statements that are based largely on Gray’s current expectations and reflect various estimates and assumptions by Gray. These statements are statements other than those of historical fact, and may be identified by words such as “estimates,” “expect,” “anticipate,” “will,” “implied,” “assume” and similar expressions. Forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results and achievements to differ materially from those expressed in such forward-looking statements. Such risks, trends and uncertainties, which in some instances are beyond Gray’s control, include Gray’s ability to complete its pending acquisition of Meredith Corporation’s local media group or other pending transactions on the terms and within the timeframe currently contemplated, any material regulatory or other unexpected requirements in connection therewith, and other future events. Gray is subject to additional risks and uncertainties described in Gray’s quarterly and annual reports filed with the Securities and Exchange Commission from time to time, including in the “Risk Factors,” and management’s discussion and analysis of financial condition and results of operations sections contained therein, which reports are made publicly available via its website, www.gray.tv. Any forward-looking statements in this communication should be evaluated in light of these important risk factors. This press release reflects management’s views as of the date hereof. Except to the extent required by applicable law, Gray undertakes no obligation to update or revise any information contained in this communication beyond the date hereof, whether as a result of new information, future events or otherwise.

Gray Contacts:

www.gray.tv
Jim Ryan, Executive Vice President and Chief Financial Officer, 404-504-9828
Kevin P. Latek, Executive Vice President, Chief Legal and Development Officer, 404-266-8333 

Release – electroCore Announces Publication Reviewing the Prescribing of gammaCore for the Treatment of Cluster Headache in England

Posted on by Admin


electroCore Announces Publication Reviewing the Prescribing of gammaCore for the Treatment of Cluster Headache in England

 

ROCKAWAY, NJ, 
Oct. 20, 2021 (GLOBE NEWSWIRE) — 
electroCore, Inc. (Nasdaq: ECOR), a commercial-stage bioelectronic medicine company, today announced the publication of a peer-reviewed paper entitled “Non-invasive vagus nerve stimulation for treatment of cluster headache: a retrospective review of prescribing in England,” in the British Journal of Healthcare Management. The paper reviews the prescribing trends of gammaCore in 
England from 
April 2019 through the end of 2020. gammaCore was listed on 
NHS England and Improvement’s ‘Innovation Technology Payment’ program beginning 1st 
April 2019, which provided for the reimbursement of gammaCore for cluster headache patients in 
England. This program followed the 
National Institute for Health and Care Excellence recommendation for the use of gammaCore in cluster headache.

The study is one of the largest clinical audits of patients with cluster headache and highlights that of the 655 patients who started on gammaCore, 46.3% of patients were prescribed at least one refill and 30.9% were prescribed two or more refills. These real-world results suggest a durable benefit for patients utilizing gammaCore’s non-invasive vagus nerve stimulation (nVNS) for cluster headache in 
England.

Dr. Nick Silver, Consultant Neurologist at 
The Walton Centre NHS Foundation Trust and lead author of the paper commented, “Clinically, our goal is to find a treatment that works well and works consistently for our patients with cluster headache. This study demonstrates our patients’ ability to maintain gammaCore treatment through multiple 3-month refill cycles, showing that non-invasive vagus nerve stimulation is efficacious, tolerable, and practical for patients with cluster headache.”

“We congratulate and thank the authors, 
NHS Centers, and patients who contributed to this study,” commented Iain Strickland, Vice President of Global Sales and Strategy at electroCore. “After using gammaCore for 3 months, nearly 50% of patients continue treatment highlighting nVNS’ practical benefit in a condition with limited therapeutic options. Furthermore, adoption and successful use of gammaCore in cluster headache patients has been shown to deliver cost savings as recommended by the NHS.”

The full publication is available at: https://www.magonlinelibrary.com/journal/bjhc

About electroCore, Inc.
electroCore, Inc. is a commercial stage bioelectronic medicine company dedicated to improving patient outcomes through its non-invasive vagus nerve stimulation therapy platform, initially focused on the treatment of multiple conditions in neurology. The company’s current indications are the preventive treatment of cluster headache and migraine, the acute treatment of migraine and episodic cluster headache, the acute and preventive treatment of migraines in adolescents, and paroxysmal hemicrania and hemicrania continua in adults.

For more information, visit www.electrocore.com.

About gammaCore™
gammaCore™ (nVNS) is the first non-invasive, hand-held medical therapy applied at the neck as an adjunctive therapy to treat migraine and cluster headache through the utilization of a mild electrical stimulation to the vagus nerve that passes through the skin. Designed as a portable, easy-to-use technology, gammaCore can be self-administered by patients, as needed, without the potential side effects associated with commonly prescribed drugs. When placed on a patient’s neck over the vagus nerve, gammaCore stimulates the nerve’s afferent fibers, which may lead to a reduction of pain in patients.

gammaCore (nVNS) is FDA cleared in 
the United States for adjunctive use for the preventive treatment of cluster headache in adult patients, the acute treatment of pain associated with episodic cluster headache in adult patients, the acute and preventive treatment of migraine in adolescent (ages 12 and older) and adult patients, and paroxysmal hemicrania and hemicrania continua in adults. gammaCore is CE-marked in the 
European Union for the acute and/or prophylactic treatment of primary headache (Migraine, Cluster Headache, Trigeminal Autonomic Cephalalgias and Hemicrania Continua) and Medication Overuse Headache in adults.

gammaCore is contraindicated for patients if they:

  • Have an active implantable medical device, such as a pacemaker, hearing aid implant, or any implanted electronic device
  • Have a metallic device, such as a stent, bone plate, or bone screw, implanted at or near the neck
  • Are using another device at the same time (e.g., TENS Unit, muscle stimulator) or any portable electronic device (e.g., mobile phone)

Safety and efficacy of gammaCore have not been evaluated in the following patients:

  • Adolescent patients with congenital cardiac issues
  • Patients diagnosed with narrowing of the arteries (carotid atherosclerosis)
  • Patients who have had surgery to cut the vagus nerve in the neck (cervical vagotomy)
  • Pediatric patients (less than 12 years)
  • Pregnant women
  • Patients with clinically significant hypertension, hypotension, bradycardia, or tachycardia

Please refer to the gammaCore Instructions for Use for all of the important warnings and precautions before using or prescribing this product.

Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, statements about electroCore’s expectations for revenue and cash used in operations during the third quarter of 2021, its expectations for future performance, as well as electroCore’s business prospects and clinical and product development plans for 2021 and beyond, its pipeline or potential markets for its technologies, additional indications for gammaCore, the timing, outcome and impact of regulatory, clinical and commercial developments (including human trials for the study of headache, PTH, mTBI, Parkinson’s diseases and sleep deprivation stress and the business, operating or financial impact of such studies), further international expansion, and statements about anticipated distribution arrangements, government and payor funding arrangements (including those relating to 
Canada, 
Western Europe, 
Qatar, 
Taiwan, and 
China) and other statements that are not historical in nature, particularly those that utilize terminology such as “anticipates,” “will,” “expects,” “believes,” “intends,” other words of similar meaning, derivations of such words and the use of future dates. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the ability to raise the additional funding needed to continue to pursue electroCore’s business and product development plans, the inherent uncertainties associated with developing new products or technologies, the ability to commercialize gammaCore™, competition in the industry in which electroCore operates and overall market conditions. Any forward-looking statements are made as of the date of this press release, and electroCore assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law. Investors should consult all of the information set forth herein and should also refer to the risk factor disclosure set forth in the reports and other documents electroCore files with the 
SEC available at www.sec.gov.


Investors:
Rich CockrellCG Capital
404-736-3838
ecor@cg.capital

or

Media Contact:
Jackie Dorsky
electroCore
908-313-6331
Jackie.dorsky@electrocore.com

Release – FenixOro CEO John Carlesso Featured in Noble Capital Markets CSuite Interview

Posted on by Admin


FenixOro CEO John Carlesso Featured in Noble Capital Markets C-Suite Interview

 

  TORONTO, Oct. 20, 2021 (GLOBE NEWSWIRE) — FenixOro Gold Corp (CSE:FENX) (OTCQB:FDVXF) (Frankfurt:8FD) is pleased to announce their participation in Noble Capital Markets’ C-Suite Interview Series, presented by Channelchek.

FenixOro CEO John Carlesso sat down with Noble Capital Markets Senior Research Analyst Mark Reichman for an exclusive interview to discuss the Company’s Abriaqui Gold Project. Topics covered include:

  • The business and political climate in Colombia and what makes it an attractive jurisdiction
  • The accessibility and infrastructure of the property
  • Exploration and drilling results to date; Mineralization potential
  • The progress at Abriaqui towards a formal maiden resource estimate
  • Upcoming potential catalysts for the Company

The interview was recorded on October 5, 2021 and is available now at Channelchek

About FenixOro Gold Corp.

FenixOro Gold Corp is a Canadian company focused on acquiring and exploring gold projects with world class exploration potential in the most prolific gold producing regions of Colombia. FenixOro’s flagship property, the Abriaqui project, is the closest project to Continental Gold’s Buritica project. It is located 15 km to the west in Antioquia State at the northern end of the Mid-Cauca gold belt, a geological trend which has seen multiple large gold discoveries in the past 10 years including Buritica and Anglo Gold’s Nuevo Chaquiro and La Colosa. As documented in “NI 43-101 Technical Report on the Abriaqui project Antioquia State, Colombia” (December 5, 2019), the geological characteristics of Abriaqui and Buritica are similar. Since the preparation of this report a Phase 1 drilling program has been completed at Abriaqui resulting in a significant discovery of a high grade, “Buritica style” gold deposit. A Phase 2 drilling program has recently commenced.

FenixOro’s VP of Exploration, Stuart Moller, led the discovery team at Buritica for Continental Gold in 2007-2011. At the time of its latest public report, the Buritica Mine contains measured plus indicated resources of 5.32 million ounces of gold (16.02 Mt grading 10.32 g/t) plus a 6.02 million ounce inferred resource (21.87 Mt grading 8.56 g/t) for a total of 11.34 million ounces of gold resources Buritica began formal production in November 2020 and has expected annual average production of 250,000 ounces at an all-in sustaining cost of approximately US$600 per ounce. Resources, cost and production data are taken from Continental Gold’s “NI 43-101 Buritica Mineral Resource 2019-01, Antioquia, Colombia, 18 March, 2019”). Continental Gold was recently the subject of a takeover by Zijin Mining in an all-cash transaction valued at C$1.4 billion.

About Noble Capital Markets

Noble Capital Markets, Inc. was incorporated in 1984 as a full-service SEC / FINRA registered broker-dealer, dedicated exclusively to serving underfollowed small / microcap companies through investment banking, wealth management, trading & execution, and equity research activities. Over the past 37 years, Noble has raised billions of dollars for these companies and published more than 45,000 equity research reports. www.noblecapitalmarkets.com email: contact@noblecapitalmarkets.com

About Channelchek

Channelchek.com is a comprehensive investor-centric portal – featuring more than 6,000 emerging growth companies – that provides advanced market data, independent research, balanced news, video webcasts, exclusive c-suite interviews, and access to virtual road shows. The site is available to the public at every level without cost or obligation. Research on Channelchek is provided by Noble Capital Markets, Inc., an SEC / FINRA registered broker-dealer since 1984. www.channelchek.com email: contact@channelchek.com

FenixOro Gold Corp
John Carlesso, CEO
Email: info@FenixOro.com
Website: www.FenixOro.com
Telephone: 1-833-ORO-GOLD