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Entravision Continues Digital and International Expansion with Full Acquisition of the Remaining Interest in Cisneros Interactive

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Entravision Continues Digital and International Expansion with Full Acquisition of the Remaining Interest in Cisneros Interactive

 

Company Release – 8/31/2021 4:30 PM ET
  • Entravision now owns 100% interest in Cisneros Interactive, a leader in the rapidly growing digital advertising sector in Latin America
  • Cisneros Interactive will continue managing the operating business and client outreach, with Victor Kong as its CEO
  • Entravision and Cisneros will maintain their strong partnership and will continue to collaborate on potential new digital initiatives worldwide
  • Entravision’s digital platform continues to strengthen with global reach that spans over 30 countries across the U.S., Latin America, Europe and Asia

SANTA MONICA, Calif.–(BUSINESS WIRE)– Entravision Communications Corporation (NYSE: EVC) (“Entravision” or “the Company”), a leading global media and marketing technology company, today announced that the Company has acquired the remaining 49% interest in Cisneros Interactive. Entravision now owns 100% of Cisneros Interactive, having first acquired a majority stake in the company in October 2020. With this full acquisition, Entravision will further position the combined platforms and service portfolio to be one of the largest premier global digital advertising solutions companies.

Over the past decade, through both organic growth and acquisitions, Entravision’s digital marketing offerings have expanded significantly. Entravision’s Digital business now focuses on several key areas, including: Top Tier global audience and media representations; programmatic technology; digital audio solutions advertising and branding; and mobile performance solutions. Cisneros Interactive maintains unique sales partnerships in 17 Latin American countries, including partnerships with Facebook, Spotify and LinkedIn. The company also offers digital audio solutions and services through representation of a vast audience reached through 350 publishers.

“We are very pleased to continue to invest in the Cisneros Interactive – Entravision business to enhance our digital market leadership,” said Walter Ulloa, Chairman and Chief Executive Officer of Entravision. “This joint venture has been a great addition to Entravision, with impressively strong performance, leadership and culture. Digital revenues have surged over the past three quarters since our majority investment in Cisneros Interactive, and we plan to continue to invest in expanding our global footprint, management and digital service tools.”

With the full ownership of Cisneros Interactive, along with Entravision’s most recent acquisition of MediaDonuts, which added digital capabilities in 7 countries in Asia, digital now comprises 73% of consolidated revenue as of the most recently reported quarter ended June 30, 2021. Digital Segment revenue improved over 1,000% year-over-year to total $130.2 million for the second quarter 2021.

“We are excited about this transaction and our continued partnership with Entravision,” said Adriana Cisneros, CEO of Cisneros. “Working with Entravision over the past nine months has been an incredible opportunity to grow the Cisneros Interactive business with Entravision’s resources and broad network capabilities that have further enhanced the strong client and partnership relationships we have built with some of the world’s leading digital companies. Cisneros plans to maintain this active partnership with Entravision by having the Cisneros Interactive management team continue to manage the business and by exploring new digital ventures at a global scale.”

“Today’s announcement is a major milestone for the Cisneros Interactive and Entravision team, and I would like to thank them and our partners for making this accomplishment possible,” said Victor Kong, Chief Executive Officer of Cisneros Interactive. “With the support of Entravision, Cisneros Interactive’s business has reached new heights. Now, with Entravision acquiring full ownership of our company, we can take our leadership position even further with additional synergies and by further expanding our global reach.”

For more information on the transaction, please review the Company’s most recent filings with the Securities and Exchange Commission on Form 8-K.

About Entravision

Entravision is a diversified global media, marketing and technology company serving clients throughout the United States and in fast growing population centers in more than 30 countries across Latin America, Europe and Asia. Our dynamic portfolio of services includes digital, television and radio offerings. Digital, our largest revenue segment, is comprised of four core businesses: Entravision Digital, Smadex, Cisneros Interactive and MediaDonuts. Entravision Digital provides branding and performance digital solutions to clients and small- and mid-size businesses throughout the world, including the U.S., Latin America and Europe. Smadex provides cutting-edge mobile programmatic solutions and demand-side platforms which enable advertisers to effectively execute performance campaigns using machine-learned bidding algorithms. Cisneros Interactive provides unique digital marketing solutions representing major global publishers and ad-tech platforms in Latin America, while also managing the leading digital audio network and solutions player Audio.Ad. MediaDonuts provides digital marketing performance and branding services in the Southeast Asia region and maintains unique commercial partnerships with some of the world’s leading digital publishers and social media platforms. Beyond the digital space, Entravision has 54 television stations and is the largest affiliate group of the Univision and UniMás television networks. Entravision also manages 47 primarily Spanish-language radio stations that feature nationally recognized, Emmy award-winning talent. Shares of Entravision Class A Common Stock trade on the NYSE under ticker: EVC. Learn more about all of our innovative media, marketing and technology offerings at entravision.com or connect with us on social on LinkedIn and Facebook.

About Cisneros Interactive

Cisneros Interactive is the leading digital advertising company serving the Latin America region. The company has an active presence in 17 countries, leveraging unique commercial partnerships with Facebook, Spotify, LinkedIn and other leading media and technology platforms. In addition, the company has the leading digital audio ad network with more than 350 publishers through a full solution technology stack tech offering under the Audio.Ad brand. Cisneros Interactive is a business unit of Entravision Communications Corporation (NYSE: EVC).

Forward Looking Statements

This press release contains certain forward-looking statements, including without limitation the Company’s current expectations and intentions with respect to the filing of its Form 10-K. These forward-looking statements, which are included in accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, may involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this press release. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that actual results will not differ materially from these expectations, and the Company disclaims any duty to update any forward-looking statements made by the Company. From time to time, these risks, uncertainties and other factors are discussed in the Company’s filings with the Securities and Exchange Commission.

Entravision:


Christopher T. Young
Chief Financial Officer
310-447-3870

Kimberly Esterkin
ADDO Investor Relations
310-829-5400
evc@addo.com

Source: Entravision Communications Corporation

QuickChek – September 1, 2021

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Entravision Continues Digital and International Expansion with Full Acquisition of the Remaining Interest in Cisneros Interactive

Entravision Communications announced that the Company has acquired the remaining 49% interest in Cisneros Interactive

See today’s research report from Michael Kupinski, Director of Research at Noble Capital Markets

Research, News & Market Data on Entravision

Watch recent presentation from Entravision



Endeavour Silver Completes Acquisition Of Bruner Gold Project In Nye County, Nevada

Endeavour Silver announced that it has completed the acquisition of the Bruner Property, located in Nye County, Nevada

Research, News & Market Data on Endeavour Silver

Watch recent presentation from Endeavour Silver



Lineage Announces Appointment of General Counsel

Lineage Cell Therapeutics announced that it has appointed George A. Samuel III as Lineage’s General Counsel and Corporate Secretary

Research, News & Market Data on Lineage Cell Therapeutics

Watch recent presentation from Lineage Cell Therapeutics



Capstone Green Energy Announces the Appointment of Ping Fu, Former CEO of Geomagic, to the Board of Directors

Capstone Green Energy announced that Ping Fu was elected to its Board of Directors at the Annual Meeting of Stockholders on August 27, 2021

Research, News & Market Data on Capstone Green Energy

Watch recent presentation from Capstone Green Energy



ProMIS Neurosciences appoints accomplished biotechnology executive, Josh Mandel-Brehm, to its Board of Directors

ProMIS Neurosciences announced the appointment of Josh Mandel-Brehm to its Board of Directors with immediate effect

Research, News & Market Data on ProMIS Neurosciences

Watch recent presentation from ProMIS Neurosciences

 

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Endeavour Silver Completes Acquisition Of Bruner Gold Project In Nye County, Nevada

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Endeavour Silver Completes Acquisition Of Bruner Gold Project In Nye County, Nevada

 

VANCOUVER, British Columbia, Sept. 01, 2021 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) (“Endeavour”) is pleased to announce that it has completed the acquisition of the Bruner Property, located in Nye County, Nevada, from Canamex Gold Corp. (“Canamex”) (see news release dated July 19, 2021). Endeavour paid US$10 million in cash for 100% of the Bruner Gold Project which includes mineral claims, mining rights, property assets, water rights, and government authorizations and permits.

The Bruner Gold Project is an exploration and development stage project located approximately 180 kilometres (km) southeast of Reno, Nevada. Gold was originally discovered in the district in 1906 and saw intermittent historic mining between 1906 and 1998. Recent exploration activities by previous operators included mapping, drilling, geophysical surveys and sampling culminating in a mineral resource estimate in 2015 and a preliminary economic assessment in 2017 outlining a low capital cost, open pit, heap leach operation.

A historic resource estimate of 342,000 ounces of gold contained in 17.5 million tonnes (t) grading 0.61 grams per tonne (gpt) in three zones, Paymaster, HRA and Penelas was prepared for Canamex in a technical report dated January 22, 2018 titled “NI 43-101 Technical Report on the Bruner Gold Project, Updated Preliminary Economic Assessment, Nye County, Nevada, USA” by Welsh Hagen Associates. A Qualified Person has not done sufficient work for Endeavour to classify the historical estimate as a current mineral resource or mineral reserve. Endeavour is not treating the historical estimate as a current mineral resource or mineral reserve, has not verified the historical resource estimate and is not relying on it. Endeavour plans to “twin” certain drill holes and conduct a drilling program to upgrade the historical estimate as a current mineral resource. Activities in Q4, 2021 will focus on surface work and data compilation and in 2022, Endeavour anticipates recommencing exploration work on high priority targets.

Endeavour CEO Dan Dickson commented, “We are pleased to add an advanced precious metals property to our project pipeline. Bruner should be an accretive acquisition for our five-year strategic plan to become a premier senior silver producer, with potential for exploration discoveries, district acquisitions, near-term production, and organic growth.

“We will provide a formal market update in our 2022 annual guidance on our exploration plans for the Bruner project. Our exploration team will focus initially on verifying the historic resources, then turn its attention to the many exploration targets on the Bruner Property. We look forward to unlocking the full potential of the Bruner Property with the goal of building a new mining operation in another historic mining district in Nevada.

“In the short term, our attention is on the Terronera Project, as we are nearing the completion of the Feasibility Study and we look forward to releasing the results.”

Dale Mah, B.Sc., P.Geo., Endeavour’s Vice President Corporate Development, is the Qualified Person who reviewed and approved this news release.

About Endeavour Silver – Endeavour Silver Corp. is a mid-tier precious metals mining company that owns and operates three high-grade, underground, silver-gold mines in Mexico. Endeavour is currently advancing the Terronera mine project towards a development decision and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer.  Our philosophy of corporate social integrity creates value for all stakeholders.

SOURCE Endeavour Silver Corp.

Contact Information
Galina Meleger, Vice President, Investor Relations
Toll free: (877) 685-9775
Tel: (604) 640-4804
Email: gmeleger@edrsilver.com
Website: www.edrsilver.com

Follow Endeavour Silver on Facebook, Twitter, Instagram and LinkedIn

Cautionary Note Regarding Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the United States private securities litigation reform act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking statements concern the Company’s strategic plans for the Bruner Property, timing and completion of the Terronera Project Feasibility Study, timing and expectations for the Company’s exploration and drilling programs, estimates of mineralization from drilling, geological information projected from sampling results and the potential quantities and grades of the target zones. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; and the historical basis for current estimates of potential quantities and grades of target zones. The actual results could differ materially from those anticipated in these forward-looking statements as a result of the risk factors including: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data, and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Source: Endeavour Silver Corporation

Lineage Announces Appointment of General Counsel

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Lineage Announces Appointment of General Counsel

 

CARLSBAD, Calif.–(BUSINESS WIRE)–Sep. 1, 2021– 

Lineage Cell Therapeutics, Inc.
 (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing allogeneic cell therapies for unmet medical needs, today announced that it has appointed George A. Samuel III as Lineage’s General Counsel and Corporate Secretary.  Mr. Samuel will lead the Company’s legal operations, bringing extensive corporate, transactional, intellectual property and commercial expertise which spans nearly 15 years across the life sciences and technology sectors as well as in private practice.

“We are pleased to welcome George to our leadership team and look forward to his contributions as we build Lineage into a leading cell therapy and cell transplant company,” stated  Brian M. Culley, Lineage CEO. “George’s diverse experience across legal and other operational areas will be invaluable as we continue to execute on our clinical development plans. In particular, his transactional successes in business development and his intellectual property experience will be key resources as we evaluate partnership opportunities and expand collaborations for our OpRegen, OPC1 and VAC2 programs and work to unlock additional value from our extensive intellectual property portfolio.”

“I am looking forward to joining this dynamic and experienced team by leading Lineage’s legal operations at this exciting and transformative time,” stated George A. Samuel III. “The field of cell therapy is undergoing rapid growth and I’m delighted to have this opportunity to contribute to it.”

Prior to joining Lineage,  Mr. Samuel most recently served as Director, Senior Counsel for 
Lytx, Inc., where he managed the commercial legal operations for an international video telematics SaaS company. Prior to that,  Mr. Samuel served as VP, General Counsel and Corporate Secretary for Cardiff Oncology, Inc. (formerly known as 
Trovagene, Inc.), a clinical-stage biotechnology company focused on developing treatments in oncology. While at Cardiff Oncology, he advised on strategic, business development and operational decisions; oversaw capital raising efforts, regulatory compliance as well as 
SEC reporting; and managed intellectual property, including technology transfer and licensing.  Mr. Samuel has also practiced corporate law at major law firms, including 
DLA Piper LLP and 
Cooley LLP, where he served as outside counsel to public and private companies in a variety of commercial transactions.  Mr. Samuel received a J.D. from 
Columbia University School of Law, and a B.A. in Philosophy from 
Tufts University and is a member of the 
State Bar of California and 
New York.

About Lineage Cell Therapeutics, Inc. 

Lineage Cell Therapeutics is a clinical-stage biotechnology company developing novel cell therapies for unmet medical needs. Lineage’s programs are based on its robust proprietary cell-based therapy platform and associated in-house development and manufacturing capabilities. With this platform Lineage develops and manufactures specialized, terminally differentiated human cells from its pluripotent and progenitor cell starting materials. These differentiated cells are developed to either replace or support cells that are dysfunctional or absent due to degenerative disease or traumatic injury or administered as a means of helping the body mount an effective immune response to cancer. Lineage’s three allogeneic (“off-the-shelf”) clinical programs are in markets with billion dollar opportunities: (i) OpRegen®, an investigational retinal pigment epithelium transplant therapy in Phase 1/2a development for the treatment of dry age-related macular degeneration, a leading cause of blindness in the developed world; (ii) OPC1, an investigational oligodendrocyte progenitor cell therapy in Phase 1/2a development for the treatment of acute spinal cord injuries; and (iii) VAC, an allogeneic dendritic cell therapy platform for immuno-oncology and infectious disease, with investigational immunotherapy VAC2 currently in clinical development for the treatment of non-small cell lung cancer. For more information, please visit www.lineagecell.com or follow the Company on Twitter @LineageCell.

Forward-Looking Statements

Lineage cautions you that all statements, other than statements of historical facts, contained in this press release, are forward-looking statements. Forward-looking statements, in some cases, can be identified by terms such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “design,” “intend,” “expect,” “could,” “plan,” “potential,” “predict,” “seek,” “should,” “would,” “contemplate,” project,” “target,” “tend to,” “look forward to” or the negative version of these words and similar expressions. Such statements include, but are not limited to, statements relating to Lineage’s ability to become a leading cell therapy and cell transplant company, to expand collaborations for its product candidate programs, and to unlock value from its intellectual property portfolio, and the commercial potential for cell therapy products. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Lineage’s actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by the forward-looking statements in this press release, including risks and uncertainties inherent in Lineage’s business and other risks discussed in Lineage’s filings with the 
Securities and Exchange Commission (the 
SEC). Further information regarding these risks, uncertainties and factors is included under the heading “Risk Factors” in Lineage’s periodic and other reports filed with the 
SEC, including Lineage’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available from the SEC’s website. Lineage’s forward-looking statements are based upon its current expectations and involve assumptions that may never materialize or may prove to be incorrect. All forward-looking statements are expressly qualified in their entirety by these cautionary statements. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they were made. Lineage undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.

Lineage Cell Therapeutics, Inc. IR
Ioana C. Hone
(ir@lineagecell.com)
(442) 287-8963

Solebury Trout IR
Gitanjali Jain Ogawa
(Gogawa@soleburytrout.com)
(646) 378-2949

Russo Partners – Media Relations
Nic Johnson or  David Schull
Nic.johnson@russopartnersllc.com
David.schull@russopartnersllc.com
(212) 845-4242

Source: 
Lineage Cell Therapeutics, Inc.

Capstone Green Energy Announces the Appointment of Ping Fu, Former CEO of Geomagic, to the Board of Directors

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Capstone Green Energy Announces the Appointment of Ping Fu, Former CEO of Geomagic, to the Board of Directors

 

Holly Van Deursen Retires from Capstone Board of Directors After Serving 14 Years

VAN NUYS, CA / ACCESSWIRE / September 1, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN), a global leader in carbon reduction and on-site resilient green energy solutions, announced that Ping Fu was elected to its Board of Directors at the Annual Meeting of Stockholders on August 27, 2021. In addition, Ms. Fu will serve on the Capstone Green Energy Audit and Governance and Sustainability Committees. Ms. Fu currently serves on Boards of Directors for Live Nation Entertainment (LYV), The Long Now Foundation, and Burning Man. She also serves as an Advisor to the Prime Minister’s Office of the United Arab Emirates (UAE).

Honored as Inc. magazine’s 2005 Entrepreneur of the Year, Ms. Fu describes herself as an artist and a scientist whose chosen expression is business. In 1997, Ms. Fu co-founded Geomagic, a 3D imaging software company, which was acquired by 3D Systems in February 2013. Geomagic software enables the design and production of one-of-a-kind products and services at a cost less than that of mass production.

Before co-founding Geomagic, Ms. Fu was program manager of visualization at the National Center for Supercomputing Applications, where she was part of the team that initiated and managed the NCSA Mosaic software project that led to Netscape and Internet Explorer. She has more than 20 years of software industry experience in database, networking, geometry processing, and computer graphics.

Since 2010, she has served on the National Advisory Council on Innovation and Entrepreneurship (NACIE) at the U.S. Department of Commerce. She is the author of the business book Bend, Not Break and is the holder of five U.S. and international patents. Ms. Fu has received numerous awards for her leadership as an entrepreneur, including the Outstanding American by Choice award from U.S. Citizenship and Immigration Services (USCIS), the Ernst & Young Entrepreneur of the Year Award for the Carolinas, the Women’s Leadership Exchange Compass Award and the Lifetime Achievement Award by Business Leader magazine.

“I would first like to thank Ms. Holly Van Deursen for her fourteen years of dedication and professional service to the Capstone Board of Directors, several of those years serving in the capacity of Chairperson. Ms. Van Deursen retired from the Capstone Green Energy Board on August 27, 2021. She assisted in the stewarding of the Company through some of its more challenging times, and her keen sense of leadership, successful governance, and oversight will benefit the Company for years to come,” stated Robert C. Flexon, Chair of the Capstone Green Energy Board of Directors.

“We are extremely fortunate to welcome Ping Fu to the Capstone Board of Directors. Her impressive personal and professional accomplishments are nothing short of amazing, and her creativity and proven entrepreneurship skills will continue our drive forward to transform Capstone Green Energy into a global leader in carbon reduction and on-site resilient green energy solutions,” added Mr. Flexon.

“As the Green Energy industry has become more relevant than ever, I am thrilled to join the Board of Directors at Capstone Green Energy to help guide the experienced team at Capstone to new heights,” said Ping Fu. “As more businesses realize the need to look at alternative options for reducing their carbon footprint, lowering their emissions, having reliable sources of on-site power, all while reducing their energy costs, we want Capstone to be their go-to source,” added Ms. Fu.

“I am delighted to welcome Ping to our Board of Directors as we are entering an exciting time for the Company’s growth trajectory, complete with our new rebranding initiatives and an expanded product and service offering. Ping’s robust experience and know-how as a CEO and widely respected entrepreneur will garnish a fresh perspective as we continue to elevate Capstone Green Energy as a global leader in energy as a service and new innovative products,” stated Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “Additionally, the Capstone Leadership team and I are eager to collaborate with Ping as we look to expand on our internal Environmental Social and Governance (ESG) initiatives and internal Capstone Cares program. At the same time, her tech background should be beneficial in optimizing our multiple digital B2B outreach platforms,” concluded Mr. Jamison.

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

ProMIS Neurosciences appoints accomplished biotechnology executive, Josh Mandel-Brehm, to its Board of Directors

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ProMIS Neurosciences appoints accomplished biotechnology executive, Josh Mandel-Brehm, to its Board of Directors

 

TORONTO, Ontario and CAMBRIDGE, Massachusetts – Sept.1, 2021– ProMIS Neurosciences, Inc. (TSX: PMN); (OTCQB: ARFXF), a biotechnology company focused on the discovery and development of antibody therapeutics selectively targeting toxic oligomers implicated in the development of neurodegenerative diseases, today announced the appointment of Josh Mandel-Brehm to its Board of Directors with immediate effect. 

“I am delighted to welcome Josh Mandel-Brehm as a member of the ProMIS Board of Directors at this time”, said Eugene Williams, Executive Chairman of ProMIS Neurosciences. “Josh has built a productive platform company in CAMP4, which experience is very relevant to ProMIS and our unique platform opportunity. Combined with his tremendous background in business development, capital formation, and strategy, we believe Josh will make significant contributions to the ProMIS Board.”

“I am very pleased to join the Board of Directors of ProMIS”, stated Josh Mandel-Brehm. “PMN310 has the potential to change the lives of many patients suffering from Alzheimer’s Disease and I am especially impressed by the technology platform and the team. ProMIS is well positioned to build a portfolio of next generation, differentiated antibody-based therapeutics in neurodegenerative and other mis-folded protein diseases, an area that I expect will be of increasing interest to investors and large pharma.” 

Josh Mandel-Brehm is President & Chief Executive Officer of CAMP4 Therapeutics and holds a dual appointment as entrepreneur partner with Polaris Partners. He is also a co-founder and board member for Vico Therapeutics, an oligonucleotide-based RNA modulating Company focused on developing therapeutics for patients suffering from rare CNS disorders.

Mr. Mandel-Brehm previously held key business development and operations leadership roles at leading biotech companies. Most recently he served as part of the Business Development group at Biogen, where he led multiple strategic activities and corresponding transactions, which included expanding Biogen’s non-malignant hematology franchise, overseeing seminal investments to enter the ophthalmology field and advancing Biogen’s gene therapy strategy. Prior to Biogen, Mr. Mandel-Brehm held several roles of increasing responsibility at Genzyme as part of the business development group for the company’s rare disease business unit.

Mr. Mandel-Brehm earned a BA in Biology from Washington University in St. Louis and holds an MBA from the University of Michigan.

About ProMIS Neurosciences, Inc.

ProMIS Neurosciences, Inc. is a development stage biotechnology company focused on discovering and developing antibody therapeutics selectively targeting toxic oligomers implicated in the development and progression of neurodegenerative diseases, in particular Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and Parkinson’s disease (PD). The Company’s proprietary target discovery engine is based on the use of two complementary techniques. The Company applies its thermodynamic, computational discovery platform -ProMIS™ and Collective Coordinates – to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Using this unique approach, the Company is developing novel antibody therapeutics for AD, ALS and PD.  ProMIS is headquartered in Toronto, Ontario, with offices in Cambridge, Massachusetts. ProMIS is listed on the Toronto Stock Exchange under the symbol PMN, and on the OTCQB Venture Market under the symbol ARFXF.

Visit us at www.promisneurosciences.com, follow us on Twitter and LinkedIn

For Investor Relations please contact:

Alpine Equity Advisors
Nicholas Rigopulos, President
nick@alpineequityadv.com
Tel. 617 901-0785

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company’s current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Afghanistan’s Riches Put in Perspective in Today’s Economy

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Afghanistan Is Sitting on a Gold Mine. Literally

 

Afghanistan is sitting on a gold mine. I don’t mean that figuratively.

The country sits atop what could be one of the world’s largest reserves of various metals and minerals, including not just gold but also platinum, silver, copper, iron, aluminum and uranium. It’s believed to have so much lithium, an increasingly important metal that’s widely used in battery technology, that Afghanistan could one day be known as the “Saudi Arabia of lithium,” according to a 2010 memo by the U.S. Department of Defense.

The combined value of its minerals is estimated at between $1 trillion and $3 trillion. By comparison, opium poppy production in the country was valued at only $350 million in 2020, despite an increase in cultivation from the previous year.

 

This article was republished with permission from Frank Talk, a CEO Blog by Frank
Holmes of U.S. Global Investors. Find more of Frank’s articles here
– Originally published August 30, 2021

 

Afghanistan Rich in All-Important REEs. Will They Fall into the Right Hands?

Among Afghanistan’s rich resources are rare earth elements (REEs). REEs are those metals with unpronounceable names that are used in the manufacture of advanced technologies, including electric vehicles, wind turbines and missile guidance systems. Your iPhone contains a number of them. Each F-35 fighter jet carries about half a ton of these strategic elements.

As I’ve shared with you before, China has virtually cornered the global REE
market. The U.S. has only one developed deposit—the Mountain Pass Mine near Las Vegas, owned by MP Materials—which supplies about 15.8% of the world’s REEs. In October 2020, former President Donald Trump signed an executive order addressing America’s overreliance on these “critical minerals” from “foreign adversaries,” including China.

And speaking of China, it’s not letting a good opportunity go to waste. Mere hours after the Taliban completed its swift takeover of Afghanistan, a Chinese foreign ministry spokesperson said that Beijing was 
ready to participate in
“Afghanistan’s reconstruction and development.”

I genuinely hope the development of Afghanistan’s resources, with or without China’s help, improves its citizens’ quality of life and brings the country into the 21st century. With time, and with the right execution, Afghanistan could become one of the wealthiest countries in the region.

That said, the odds are not in the country’s favor, sadly. The so-called 
“resource curse” is a real thing.

 

REE Miners on a Tear

Due to their scarcity and increasing strategic importance in advanced technologies, from lasers to X-rays to fiber optics, prices for many rare earths are elevated and are expected to continue rising.

This has been good for producers. As measured by the MVIS Global Rare Earth/Strategic Metals Index, shares of the group are up nearly 180% for the 12-month period, compared to producers of more conventional metals, which have risen 28%.

 

 

In July, in fact, the rare earth index was up a whopping 26%, making it MV Index Solutions’ top performing hard asset index for the month. The biggest mover for the month was China Northern Rare Earth High-Tech Company, up 130%, mostly on expectations of even higher demand from the electric vehicle (EV) sector, which could have a compound annual growth rate (CAGR) of 46% over the next five years. China’s carbon neutrality ambitions are another driver, with REEs being needed for wind turbines, solar arrays and more.

We like number two company Standard Lithium, up 47% in July. A speculative play, the Vancouver-based company, which has projects in Arkansas and San Bernardino Country, California, began trading in New York in July under the ticker SLI.

Lithium is a key component in the production of batteries, the demand for which is expected to jump many times over as the world transitions to the electrification of everything. Case in point: Last week, California announced it would increase its solar and wind power
capacity this year to help meet its target of 50% renewable energy generation by 2025. Toward that end, the state plans to add another 1.6 gigawatts (GW) of solar capacity and 0.4 GW of onshore wind capacity in 2021, along with 2.5 GW of battery storage capacity.

 

New Touchscreen Tech Constructive for Silver

We’re also bullish on silver for the same reasons. As Metals Focus reports last week, a growing number of countries are installing greater than 1 GW of photovoltaic (PV) capacity for solar power. In 2020, this number stood at 18, compared to 11 in 2018. Metals Focus also notes that replacement PV cells are constructive for the white metal, as “very little silver is recovered from old PV cells.”

 

 

Also adding to my bullishness is news that a new technique to make the conductive glass found in touchscreens, one using silver, may soon replace current methods that use a metal called indium.

Although indium is not technically a rare earth element, its economics are very much the same. About 70% of known deposits are in China. Output is unstable, with much of the supply existing only as a byproduct of zinc mining. And yet it’s used to make the ubiquitous touchscreens found in smartphones, laptops, ATMs, car stereos, cash registers and more.

An Australian scientist may have developed a solution that would help the world wean itself off of indium. Writing in the Conversation, Behnam Akhavan says that he and his team at the University of Sydney have discovered a way to make touchscreens with silver and tungsten oxide instead of indium. “The entire process takes only a few minutes, produces minimal waste, is cheaper than using indium, and can be used for any glass surface such as a phone screen or window,” Akhavan writes, adding that he’s conducting further research to adapt the technology for wearable electronic devices.

“The entire process takes only a few minutes, produces minimal waste, is cheaper than using indium, and can be used for any glass surface such as a phone screen or window,” Akhavan writes, adding that he’s conducting further research to adapt the technology for wearing electronic devices.

This is positive news for silver demand, which is already strong from the renewable energy industry. Last week, Russian producer Polymetal International says it sees greater industrial demand pushing the white metal up to $30 an ounce, compared to $24 today.

Investors Losing 4% on the 10-Year Treasury

The (virtual) Jackson Hole Economic Symposium was last Friday, and Federal Reserve Chair Jerome Powell suggested what’s been on everyone’s mind for weeks now. The central bank may begin tapering its monthly bond-buying program by the end of the year, though rates are unlikely to be hiked just yet. That’s despite inflation running above 5% year-over-year. That’s despite inflation running above 5% year-over-year.

This just means bond yields will be negative for longer, benefiting gold and precious metals. The 10-year yield fell nearly 5 basis points on Friday to 1.30%. When adjusted for inflation, investors are paying the government 4% for the pleasure of holding its debt.

Take a look at what German investors are doing in the face of potentially higher inflation. Purchases of gold bars and coins in the first half of 2021 rose to their highest levels since at least 2009.

 

 

As always, I recommend a 10% weighting in gold, with 5% in physical bullion and 5% in gold mining stocks and ETFs. It’s important to rebalance on a regular basis.

 

-Frank Holmes, CEO U.S. Global Investors, Inc.

 

Channelchek invites you subscribe to the U.S. Global Investors
YouTube channel by clicking here!

 

Suggested Reading:



The Taliban Assumes Stewardship of Afghanistan’s Rich Strategic Mineral Resources

High Tech Search for Copper





Holiday Gift-Giving Season May Include More Gift Cards and IOUs

What Metals Prices Can Tell Us About the Economy

 

U.S. Global Investors Disclaimer

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link(s) above, you will be directed to a third-party website(s). U.S. Global Investors does not endorse all information supplied by this/these website(s) and is not responsible for its/their content.

MVIS Global Rare Earth/Strategic Metals Index covers the largest and most liquid companies which are active in the rare earth/strategic metals sector. The index is reviewed on a quarterly basis, float market capitalization weighted, and the maximum component weight is 8%. The MSCI World Metals & Mining Index is a free float weighted equity index. Compound annual growth rate (CAGR) is the rate of return that would be required for an investment to grow from its beginning balance to its ending balance, assuming the profits were reinvested at the end of each year of the investment’s life span.

Holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of (06/30/2021): Standard Lithium Ltd., Polymetal International PLC

 

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The Proposed Ark Index-Based ETF is Appealing to ESG Investors

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ARK Invest’s Non-Managed Fund Offering Would Attract ESG Investors

 

Fund manager ARK Invest is looking to bring a new ETF to market. This one, according to the SEC filing, won’t pick stocks and be managed like Ark’s other funds. Instead, it will attempt to replicate an index in terms of holdings and percent weighting. The ARK Transparency ETF would follow an index developed by Solactive, a German-based financial index provider.

Cathie Wood, the founder of ARK Invest, believes that while this carve-out index has many of the same attributes of popular ESG funds, the transparency screen could provide superior performance. Ark’s SEC application to register this new fund comes at a time when ESG funds are on pace to capture the massive accelerating appetite for ESG investing.

ESG funds are on track for a record year of inflows after amassing $21 billion in new investments during the first quarter of this year alone. One of the notable differences for ARK will be the Solactive
Transparency Index excludes many sectors included in most ESG offerings. Instead, the top positions by weight in the index as of yesterday (Aug 31) are Salesforce ($CRM), Microsoft ($MSFT), Apple ($AAPL), Nike ($NKE), and Chipotle ($CMG). The current snapshot of the index shows approximately 97% of the holdings are US dollar-based with the remaining exposure to the Canadian dollar. The index on which the ETF would base its holdings is currently 83.6% US-headquartered corporations.

 

Top Components to the Solactive Transparency Index and their weighting

 

If SEC approved, the Transparency ETF would be ARK’s second new product launched in 2021. The first was a Space-Focused ETF. This ETF launched in March has attracted $600 million in assets.  Cathie Wood, as Chief Investment Officer of her company, has relied on a policy of transparency that is higher than other investment management firms. ARK precisely outlines positions and the reasons for each individual investment in the funds. Factors that impact whether a company can be added to the Transparency Index index include whether it meets certain transparency criteria, its involvement in lawsuits and other legal issues, and the company’s public reputation.

The long-term performance of the index remains to be seen. Below is a chart showing the last three months, the data at a glance, appear inconclusive.

 

Source: Solactive

 

Take-Away

It appears that if SEC approved, ARK Invest is going to have a new investment product offering. This will be the first “hands-off” indexed-based product offering for the firm. Investments will largely be dictated by the underlying index weighting. Investors, rather than place their faith in the analysis of stocks held within the ETF, will instead determine if this carve-out of the market is where they wish to allocate funds.

In many ways, the decision by Cathie Wood’s company to create this fund says that they believe there are investors that would find a more stringent “do only good” criteria an appealing alternative to ESG only funds.

Suggested Reading:



Michael Burry vs Cathie Wood is Not an Even Competition

Index Funds May Still Fall Apart Over Time





Bombshells from Musk, Dorsey, and Wood at Bitcoin Conference

Will Real Estate Investors Pack Up and Leave the Market?

 

Sources:

https://www.solactive.com/wp-content/uploads/solactiveip/en/Factsheet_DE000SL0DL14.pdf

https://www.cnbc.com/2021/05/09/esg-investing-to-reach-1-trillion-by-2030-head-of-ishares-americas.html

https://www.barrons.com/articles/things-to-know-today-51630492299?mod=hp_INTERESTS_economy-and-policy&refsec=hp_INTERESTS_economy-and-policy

 

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Afghanistans Riches Put in Perspective in Todays Economy

Posted on by Admin

Afghanistan Is Sitting on a Gold Mine. Literally

 

Afghanistan is sitting on a gold mine. I don’t mean that figuratively.

The country sits atop what could be one of the world’s largest reserves of various metals and minerals, including not just gold but also platinum, silver, copper, iron, aluminum and uranium. It’s believed to have so much lithium, an increasingly important metal that’s widely used in battery technology, that Afghanistan could one day be known as the “Saudi Arabia of lithium,” according to a 2010 memo by the U.S. Department of Defense.

The combined value of its minerals is estimated at between $1 trillion and $3 trillion. By comparison, opium poppy production in the country was valued at only $350 million in 2020, despite an increase in cultivation from the previous year.

 

This article was republished with permission from Frank Talk, a CEO Blog by Frank
Holmes of U.S. Global Investors. Find more of Frank’s articles here
– Originally published August 30, 2021

 

Afghanistan Rich in All-Important REEs. Will They Fall into the Right Hands?

Among Afghanistan’s rich resources are rare earth elements (REEs). REEs are those metals with unpronounceable names that are used in the manufacture of advanced technologies, including electric vehicles, wind turbines and missile guidance systems. Your iPhone contains a number of them. Each F-35 fighter jet carries about half a ton of these strategic elements.

As I’ve shared with you before, China has virtually cornered the global REE
market. The U.S. has only one developed deposit—the Mountain Pass Mine near Las Vegas, owned by MP Materials—which supplies about 15.8% of the world’s REEs. In October 2020, former President Donald Trump signed an executive order addressing America’s overreliance on these “critical minerals” from “foreign adversaries,” including China.

And speaking of China, it’s not letting a good opportunity go to waste. Mere hours after the Taliban completed its swift takeover of Afghanistan, a Chinese foreign ministry spokesperson said that Beijing was 
ready to participate in
“Afghanistan’s reconstruction and development.”

I genuinely hope the development of Afghanistan’s resources, with or without China’s help, improves its citizens’ quality of life and brings the country into the 21st century. With time, and with the right execution, Afghanistan could become one of the wealthiest countries in the region.

That said, the odds are not in the country’s favor, sadly. The so-called 
“resource curse” is a real thing.

 

REE Miners on a Tear

Due to their scarcity and increasing strategic importance in advanced technologies, from lasers to X-rays to fiber optics, prices for many rare earths are elevated and are expected to continue rising.

This has been good for producers. As measured by the MVIS Global Rare Earth/Strategic Metals Index, shares of the group are up nearly 180% for the 12-month period, compared to producers of more conventional metals, which have risen 28%.

 

 

In July, in fact, the rare earth index was up a whopping 26%, making it MV Index Solutions’ top performing hard asset index for the month. The biggest mover for the month was China Northern Rare Earth High-Tech Company, up 130%, mostly on expectations of even higher demand from the electric vehicle (EV) sector, which could have a compound annual growth rate (CAGR) of 46% over the next five years. China’s carbon neutrality ambitions are another driver, with REEs being needed for wind turbines, solar arrays and more.

We like number two company Standard Lithium, up 47% in July. A speculative play, the Vancouver-based company, which has projects in Arkansas and San Bernardino Country, California, began trading in New York in July under the ticker SLI.

Lithium is a key component in the production of batteries, the demand for which is expected to jump many times over as the world transitions to the electrification of everything. Case in point: Last week, California announced it would increase its solar and wind power
capacity this year to help meet its target of 50% renewable energy generation by 2025. Toward that end, the state plans to add another 1.6 gigawatts (GW) of solar capacity and 0.4 GW of onshore wind capacity in 2021, along with 2.5 GW of battery storage capacity.

 

New Touchscreen Tech Constructive for Silver

We’re also bullish on silver for the same reasons. As Metals Focus reports last week, a growing number of countries are installing greater than 1 GW of photovoltaic (PV) capacity for solar power. In 2020, this number stood at 18, compared to 11 in 2018. Metals Focus also notes that replacement PV cells are constructive for the white metal, as “very little silver is recovered from old PV cells.”

 

 

Also adding to my bullishness is news that a new technique to make the conductive glass found in touchscreens, one using silver, may soon replace current methods that use a metal called indium.

Although indium is not technically a rare earth element, its economics are very much the same. About 70% of known deposits are in China. Output is unstable, with much of the supply existing only as a byproduct of zinc mining. And yet it’s used to make the ubiquitous touchscreens found in smartphones, laptops, ATMs, car stereos, cash registers and more.

An Australian scientist may have developed a solution that would help the world wean itself off of indium. Writing in the Conversation, Behnam Akhavan says that he and his team at the University of Sydney have discovered a way to make touchscreens with silver and tungsten oxide instead of indium. “The entire process takes only a few minutes, produces minimal waste, is cheaper than using indium, and can be used for any glass surface such as a phone screen or window,” Akhavan writes, adding that he’s conducting further research to adapt the technology for wearable electronic devices.

“The entire process takes only a few minutes, produces minimal waste, is cheaper than using indium, and can be used for any glass surface such as a phone screen or window,” Akhavan writes, adding that he’s conducting further research to adapt the technology for wearing electronic devices.

This is positive news for silver demand, which is already strong from the renewable energy industry. Last week, Russian producer Polymetal International says it sees greater industrial demand pushing the white metal up to $30 an ounce, compared to $24 today.

Investors Losing 4% on the 10-Year Treasury

The (virtual) Jackson Hole Economic Symposium was last Friday, and Federal Reserve Chair Jerome Powell suggested what’s been on everyone’s mind for weeks now. The central bank may begin tapering its monthly bond-buying program by the end of the year, though rates are unlikely to be hiked just yet. That’s despite inflation running above 5% year-over-year. That’s despite inflation running above 5% year-over-year.

This just means bond yields will be negative for longer, benefiting gold and precious metals. The 10-year yield fell nearly 5 basis points on Friday to 1.30%. When adjusted for inflation, investors are paying the government 4% for the pleasure of holding its debt.

Take a look at what German investors are doing in the face of potentially higher inflation. Purchases of gold bars and coins in the first half of 2021 rose to their highest levels since at least 2009.

 

 

As always, I recommend a 10% weighting in gold, with 5% in physical bullion and 5% in gold mining stocks and ETFs. It’s important to rebalance on a regular basis.

 

-Frank Holmes, CEO U.S. Global Investors, Inc.

 

Channelchek invites you subscribe to the U.S. Global Investors
YouTube channel by clicking here!

 

Suggested Reading:



The Taliban Assumes Stewardship of Afghanistan’s Rich Strategic Mineral Resources

High Tech Search for Copper





Holiday Gift-Giving Season May Include More Gift Cards and IOUs

What Metals Prices Can Tell Us About the Economy

 

U.S. Global Investors Disclaimer

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link(s) above, you will be directed to a third-party website(s). U.S. Global Investors does not endorse all information supplied by this/these website(s) and is not responsible for its/their content.

MVIS Global Rare Earth/Strategic Metals Index covers the largest and most liquid companies which are active in the rare earth/strategic metals sector. The index is reviewed on a quarterly basis, float market capitalization weighted, and the maximum component weight is 8%. The MSCI World Metals & Mining Index is a free float weighted equity index. Compound annual growth rate (CAGR) is the rate of return that would be required for an investment to grow from its beginning balance to its ending balance, assuming the profits were reinvested at the end of each year of the investment’s life span.

Holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of (06/30/2021): Standard Lithium Ltd., Polymetal International PLC

 

Stay up to date. Follow us:

 

Release – ProMIS Neurosciences appoints accomplished biotechnology executive Josh Mandel-Brehm to its Board of Directors

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ProMIS Neurosciences appoints accomplished biotechnology executive, Josh Mandel-Brehm, to its Board of Directors

 

TORONTO, Ontario and CAMBRIDGE, Massachusetts – Sept.1, 2021– ProMIS Neurosciences, Inc. (TSX: PMN); (OTCQB: ARFXF), a biotechnology company focused on the discovery and development of antibody therapeutics selectively targeting toxic oligomers implicated in the development of neurodegenerative diseases, today announced the appointment of Josh Mandel-Brehm to its Board of Directors with immediate effect. 

“I am delighted to welcome Josh Mandel-Brehm as a member of the ProMIS Board of Directors at this time”, said Eugene Williams, Executive Chairman of ProMIS Neurosciences. “Josh has built a productive platform company in CAMP4, which experience is very relevant to ProMIS and our unique platform opportunity. Combined with his tremendous background in business development, capital formation, and strategy, we believe Josh will make significant contributions to the ProMIS Board.”

“I am very pleased to join the Board of Directors of ProMIS”, stated Josh Mandel-Brehm. “PMN310 has the potential to change the lives of many patients suffering from Alzheimer’s Disease and I am especially impressed by the technology platform and the team. ProMIS is well positioned to build a portfolio of next generation, differentiated antibody-based therapeutics in neurodegenerative and other mis-folded protein diseases, an area that I expect will be of increasing interest to investors and large pharma.” 

Josh Mandel-Brehm is President & Chief Executive Officer of CAMP4 Therapeutics and holds a dual appointment as entrepreneur partner with Polaris Partners. He is also a co-founder and board member for Vico Therapeutics, an oligonucleotide-based RNA modulating Company focused on developing therapeutics for patients suffering from rare CNS disorders.

Mr. Mandel-Brehm previously held key business development and operations leadership roles at leading biotech companies. Most recently he served as part of the Business Development group at Biogen, where he led multiple strategic activities and corresponding transactions, which included expanding Biogen’s non-malignant hematology franchise, overseeing seminal investments to enter the ophthalmology field and advancing Biogen’s gene therapy strategy. Prior to Biogen, Mr. Mandel-Brehm held several roles of increasing responsibility at Genzyme as part of the business development group for the company’s rare disease business unit.

Mr. Mandel-Brehm earned a BA in Biology from Washington University in St. Louis and holds an MBA from the University of Michigan.

About ProMIS Neurosciences, Inc.

ProMIS Neurosciences, Inc. is a development stage biotechnology company focused on discovering and developing antibody therapeutics selectively targeting toxic oligomers implicated in the development and progression of neurodegenerative diseases, in particular Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and Parkinson’s disease (PD). The Company’s proprietary target discovery engine is based on the use of two complementary techniques. The Company applies its thermodynamic, computational discovery platform -ProMIS™ and Collective Coordinates – to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Using this unique approach, the Company is developing novel antibody therapeutics for AD, ALS and PD.  ProMIS is headquartered in Toronto, Ontario, with offices in Cambridge, Massachusetts. ProMIS is listed on the Toronto Stock Exchange under the symbol PMN, and on the OTCQB Venture Market under the symbol ARFXF.

Visit us at www.promisneurosciences.com, follow us on Twitter and LinkedIn

For Investor Relations please contact:

Alpine Equity Advisors
Nicholas Rigopulos, President
nick@alpineequityadv.com
Tel. 617 901-0785

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company’s current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Release – Capstone Green Energy Announces the Appointment of Ping Fu Former CEO of Geomagic to the Board of Directors

Posted on by Admin

 


Capstone Green Energy Announces the Appointment of Ping Fu, Former CEO of Geomagic, to the Board of Directors

 

Holly Van Deursen Retires from Capstone Board of Directors After Serving 14 Years

VAN NUYS, CA / ACCESSWIRE / September 1, 2021 / Capstone Green Energy Corporation (www.CapstoneGreenEnergy.com) (NASDAQ:CGRN), a global leader in carbon reduction and on-site resilient green energy solutions, announced that Ping Fu was elected to its Board of Directors at the Annual Meeting of Stockholders on August 27, 2021. In addition, Ms. Fu will serve on the Capstone Green Energy Audit and Governance and Sustainability Committees. Ms. Fu currently serves on Boards of Directors for Live Nation Entertainment (LYV), The Long Now Foundation, and Burning Man. She also serves as an Advisor to the Prime Minister’s Office of the United Arab Emirates (UAE).

Honored as Inc. magazine’s 2005 Entrepreneur of the Year, Ms. Fu describes herself as an artist and a scientist whose chosen expression is business. In 1997, Ms. Fu co-founded Geomagic, a 3D imaging software company, which was acquired by 3D Systems in February 2013. Geomagic software enables the design and production of one-of-a-kind products and services at a cost less than that of mass production.

Before co-founding Geomagic, Ms. Fu was program manager of visualization at the National Center for Supercomputing Applications, where she was part of the team that initiated and managed the NCSA Mosaic software project that led to Netscape and Internet Explorer. She has more than 20 years of software industry experience in database, networking, geometry processing, and computer graphics.

Since 2010, she has served on the National Advisory Council on Innovation and Entrepreneurship (NACIE) at the U.S. Department of Commerce. She is the author of the business book Bend, Not Break and is the holder of five U.S. and international patents. Ms. Fu has received numerous awards for her leadership as an entrepreneur, including the Outstanding American by Choice award from U.S. Citizenship and Immigration Services (USCIS), the Ernst & Young Entrepreneur of the Year Award for the Carolinas, the Women’s Leadership Exchange Compass Award and the Lifetime Achievement Award by Business Leader magazine.

“I would first like to thank Ms. Holly Van Deursen for her fourteen years of dedication and professional service to the Capstone Board of Directors, several of those years serving in the capacity of Chairperson. Ms. Van Deursen retired from the Capstone Green Energy Board on August 27, 2021. She assisted in the stewarding of the Company through some of its more challenging times, and her keen sense of leadership, successful governance, and oversight will benefit the Company for years to come,” stated Robert C. Flexon, Chair of the Capstone Green Energy Board of Directors.

“We are extremely fortunate to welcome Ping Fu to the Capstone Board of Directors. Her impressive personal and professional accomplishments are nothing short of amazing, and her creativity and proven entrepreneurship skills will continue our drive forward to transform Capstone Green Energy into a global leader in carbon reduction and on-site resilient green energy solutions,” added Mr. Flexon.

“As the Green Energy industry has become more relevant than ever, I am thrilled to join the Board of Directors at Capstone Green Energy to help guide the experienced team at Capstone to new heights,” said Ping Fu. “As more businesses realize the need to look at alternative options for reducing their carbon footprint, lowering their emissions, having reliable sources of on-site power, all while reducing their energy costs, we want Capstone to be their go-to source,” added Ms. Fu.

“I am delighted to welcome Ping to our Board of Directors as we are entering an exciting time for the Company’s growth trajectory, complete with our new rebranding initiatives and an expanded product and service offering. Ping’s robust experience and know-how as a CEO and widely respected entrepreneur will garnish a fresh perspective as we continue to elevate Capstone Green Energy as a global leader in energy as a service and new innovative products,” stated Darren Jamison, President and Chief Executive Officer of Capstone Green Energy. “Additionally, the Capstone Leadership team and I are eager to collaborate with Ping as we look to expand on our internal Environmental Social and Governance (ESG) initiatives and internal Capstone Cares program. At the same time, her tech background should be beneficial in optimizing our multiple digital B2B outreach platforms,” concluded Mr. Jamison.

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

Release – Lineage Announces Appointment of General Counsel

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Lineage Announces Appointment of General Counsel

 

CARLSBAD, Calif.–(BUSINESS WIRE)–Sep. 1, 2021– 

Lineage Cell Therapeutics, Inc.
 (NYSE American and TASE: LCTX), a clinical-stage biotechnology company developing allogeneic cell therapies for unmet medical needs, today announced that it has appointed George A. Samuel III as Lineage’s General Counsel and Corporate Secretary.  Mr. Samuel will lead the Company’s legal operations, bringing extensive corporate, transactional, intellectual property and commercial expertise which spans nearly 15 years across the life sciences and technology sectors as well as in private practice.

“We are pleased to welcome George to our leadership team and look forward to his contributions as we build Lineage into a leading cell therapy and cell transplant company,” stated  Brian M. Culley, Lineage CEO. “George’s diverse experience across legal and other operational areas will be invaluable as we continue to execute on our clinical development plans. In particular, his transactional successes in business development and his intellectual property experience will be key resources as we evaluate partnership opportunities and expand collaborations for our OpRegen, OPC1 and VAC2 programs and work to unlock additional value from our extensive intellectual property portfolio.”

“I am looking forward to joining this dynamic and experienced team by leading Lineage’s legal operations at this exciting and transformative time,” stated George A. Samuel III. “The field of cell therapy is undergoing rapid growth and I’m delighted to have this opportunity to contribute to it.”

Prior to joining Lineage,  Mr. Samuel most recently served as Director, Senior Counsel for 
Lytx, Inc., where he managed the commercial legal operations for an international video telematics SaaS company. Prior to that,  Mr. Samuel served as VP, General Counsel and Corporate Secretary for Cardiff Oncology, Inc. (formerly known as 
Trovagene, Inc.), a clinical-stage biotechnology company focused on developing treatments in oncology. While at Cardiff Oncology, he advised on strategic, business development and operational decisions; oversaw capital raising efforts, regulatory compliance as well as 
SEC reporting; and managed intellectual property, including technology transfer and licensing.  Mr. Samuel has also practiced corporate law at major law firms, including 
DLA Piper LLP and 
Cooley LLP, where he served as outside counsel to public and private companies in a variety of commercial transactions.  Mr. Samuel received a J.D. from 
Columbia University School of Law, and a B.A. in Philosophy from 
Tufts University and is a member of the 
State Bar of California and 
New York.

About Lineage Cell Therapeutics, Inc. 

Lineage Cell Therapeutics is a clinical-stage biotechnology company developing novel cell therapies for unmet medical needs. Lineage’s programs are based on its robust proprietary cell-based therapy platform and associated in-house development and manufacturing capabilities. With this platform Lineage develops and manufactures specialized, terminally differentiated human cells from its pluripotent and progenitor cell starting materials. These differentiated cells are developed to either replace or support cells that are dysfunctional or absent due to degenerative disease or traumatic injury or administered as a means of helping the body mount an effective immune response to cancer. Lineage’s three allogeneic (“off-the-shelf”) clinical programs are in markets with billion dollar opportunities: (i) OpRegen®, an investigational retinal pigment epithelium transplant therapy in Phase 1/2a development for the treatment of dry age-related macular degeneration, a leading cause of blindness in the developed world; (ii) OPC1, an investigational oligodendrocyte progenitor cell therapy in Phase 1/2a development for the treatment of acute spinal cord injuries; and (iii) VAC, an allogeneic dendritic cell therapy platform for immuno-oncology and infectious disease, with investigational immunotherapy VAC2 currently in clinical development for the treatment of non-small cell lung cancer. For more information, please visit www.lineagecell.com or follow the Company on Twitter @LineageCell.

Forward-Looking Statements

Lineage cautions you that all statements, other than statements of historical facts, contained in this press release, are forward-looking statements. Forward-looking statements, in some cases, can be identified by terms such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “design,” “intend,” “expect,” “could,” “plan,” “potential,” “predict,” “seek,” “should,” “would,” “contemplate,” project,” “target,” “tend to,” “look forward to” or the negative version of these words and similar expressions. Such statements include, but are not limited to, statements relating to Lineage’s ability to become a leading cell therapy and cell transplant company, to expand collaborations for its product candidate programs, and to unlock value from its intellectual property portfolio, and the commercial potential for cell therapy products. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Lineage’s actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by the forward-looking statements in this press release, including risks and uncertainties inherent in Lineage’s business and other risks discussed in Lineage’s filings with the 
Securities and Exchange Commission (the 
SEC). Further information regarding these risks, uncertainties and factors is included under the heading “Risk Factors” in Lineage’s periodic and other reports filed with the 
SEC, including Lineage’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available from the SEC’s website. Lineage’s forward-looking statements are based upon its current expectations and involve assumptions that may never materialize or may prove to be incorrect. All forward-looking statements are expressly qualified in their entirety by these cautionary statements. You are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they were made. Lineage undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.

Lineage Cell Therapeutics, Inc. IR
Ioana C. Hone
(ir@lineagecell.com)
(442) 287-8963

Solebury Trout IR
Gitanjali Jain Ogawa
(Gogawa@soleburytrout.com)
(646) 378-2949

Russo Partners – Media Relations
Nic Johnson or  David Schull
Nic.johnson@russopartnersllc.com
David.schull@russopartnersllc.com
(212) 845-4242

Source: 
Lineage Cell Therapeutics, Inc.

Release – Endeavour Silver Completes Acquisition Of Bruner Gold Project In Nye County Nevada

Posted on by Admin

 


Endeavour Silver Completes Acquisition Of Bruner Gold Project In Nye County, Nevada

 

VANCOUVER, British Columbia, Sept. 01, 2021 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) (“Endeavour”) is pleased to announce that it has completed the acquisition of the Bruner Property, located in Nye County, Nevada, from Canamex Gold Corp. (“Canamex”) (see news release dated July 19, 2021). Endeavour paid US$10 million in cash for 100% of the Bruner Gold Project which includes mineral claims, mining rights, property assets, water rights, and government authorizations and permits.

The Bruner Gold Project is an exploration and development stage project located approximately 180 kilometres (km) southeast of Reno, Nevada. Gold was originally discovered in the district in 1906 and saw intermittent historic mining between 1906 and 1998. Recent exploration activities by previous operators included mapping, drilling, geophysical surveys and sampling culminating in a mineral resource estimate in 2015 and a preliminary economic assessment in 2017 outlining a low capital cost, open pit, heap leach operation.

A historic resource estimate of 342,000 ounces of gold contained in 17.5 million tonnes (t) grading 0.61 grams per tonne (gpt) in three zones, Paymaster, HRA and Penelas was prepared for Canamex in a technical report dated January 22, 2018 titled “NI 43-101 Technical Report on the Bruner Gold Project, Updated Preliminary Economic Assessment, Nye County, Nevada, USA” by Welsh Hagen Associates. A Qualified Person has not done sufficient work for Endeavour to classify the historical estimate as a current mineral resource or mineral reserve. Endeavour is not treating the historical estimate as a current mineral resource or mineral reserve, has not verified the historical resource estimate and is not relying on it. Endeavour plans to “twin” certain drill holes and conduct a drilling program to upgrade the historical estimate as a current mineral resource. Activities in Q4, 2021 will focus on surface work and data compilation and in 2022, Endeavour anticipates recommencing exploration work on high priority targets.

Endeavour CEO Dan Dickson commented, “We are pleased to add an advanced precious metals property to our project pipeline. Bruner should be an accretive acquisition for our five-year strategic plan to become a premier senior silver producer, with potential for exploration discoveries, district acquisitions, near-term production, and organic growth.

“We will provide a formal market update in our 2022 annual guidance on our exploration plans for the Bruner project. Our exploration team will focus initially on verifying the historic resources, then turn its attention to the many exploration targets on the Bruner Property. We look forward to unlocking the full potential of the Bruner Property with the goal of building a new mining operation in another historic mining district in Nevada.

“In the short term, our attention is on the Terronera Project, as we are nearing the completion of the Feasibility Study and we look forward to releasing the results.”

Dale Mah, B.Sc., P.Geo., Endeavour’s Vice President Corporate Development, is the Qualified Person who reviewed and approved this news release.

About Endeavour Silver – Endeavour Silver Corp. is a mid-tier precious metals mining company that owns and operates three high-grade, underground, silver-gold mines in Mexico. Endeavour is currently advancing the Terronera mine project towards a development decision and exploring its portfolio of exploration and development projects in Mexico and Chile to facilitate its goal to become a premier senior silver producer.  Our philosophy of corporate social integrity creates value for all stakeholders.

SOURCE Endeavour Silver Corp.

Contact Information
Galina Meleger, Vice President, Investor Relations
Toll free: (877) 685-9775
Tel: (604) 640-4804
Email: gmeleger@edrsilver.com
Website: www.edrsilver.com

Follow Endeavour Silver on Facebook, Twitter, Instagram and LinkedIn

Cautionary Note Regarding Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of the United States private securities litigation reform act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking statements concern the Company’s strategic plans for the Bruner Property, timing and completion of the Terronera Project Feasibility Study, timing and expectations for the Company’s exploration and drilling programs, estimates of mineralization from drilling, geological information projected from sampling results and the potential quantities and grades of the target zones. Such forward-looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; accuracy of assay results; geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services; future operating costs; and the historical basis for current estimates of potential quantities and grades of target zones. The actual results could differ materially from those anticipated in these forward-looking statements as a result of the risk factors including: the timing and content of work programs; results of exploration activities and development of mineral properties; the interpretation and uncertainties of drilling results and other geological data; maintenance and security of permits and mineral property titles; environmental and other regulatory risks; project costs overruns or unanticipated costs and expenses; availability of funds; failure to delineate potential quantities and grades of the target zones based on historical data, and general market and industry conditions. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward-looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

Source: Endeavour Silver Corporation