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VANCOUVER, BC, April 19, 2021 /PRNewswire/ – Zacatecas Silver Corp. (“Zacatecas Silver” or the “Company”) (TSXV: ZAC) is pleased to announce it has completed first pass geological and structural mapping, and reconnaissance rock-chip geochemical sampling of the San Gill Breccia Zone.  San Gill is located in the southern part of the main Zacatecas concessions and is approximately 2 kilometres to the southwest of the Veta Grande vein.

Highlights:

• North-south zone of ferruginous breccia averaging 20-40 metres wide defined over a strike length of more than 800 metres on surface.
• The breccia zone is strongly anomalous in silver, gold, zinc and arsenic at surface, with increasing geochemical anomalism towards the north, where the zone passes under thin Quaternary soil cover.
• Structural analysis indicates the zone is a nest of broadly north-south striking faults that dip moderately to steeply towards the east. The structure is possibly of the same age and affinity as the gold-bearing El Orito fault system mined in the southern part of the  Zacatecas district.
• Our revised interpretation of the gross dip of the zone means that over 600 metres of strike length of the northern, more geochemically anomalous segment of the breccia remains untested by previous drilling.
• The Company is actively planning a drill program to test the highly prospective and untested northern segment of the breccia in the coming months.

The San Gill Breccia Zone is a zone of intense brecciation and quartz veining with an abundant matrix of iron oxides after sulphides. Veins are multiphase — as evidenced by breccias, quartz vein stockworks, and crustiform and collaform banding. Remnant mineralized zones that have not been fully oxidized to iron oxides include galena, sphalerite, chalcopyrite and argentite — consistent with the styles of mineralization at other similarly oriented mineralized systems in the Zacatecas region.

The northern and southern limits of the San Gill Breccia Zone are poorly defined, but there is good evidence to suggest that the most geochemically anomalous, northern segment of the zone passes under thin Quaternary cover (soils). This potentially adds a significant untested exploration target north of the existing outcropping zone.

Between 2006 and 2013, a previous operator completed nine angled diamond drill holes in the San Gill area — of which only 5 targeted the San Gill Breccia Zone. Remapping by Zacatecas suggests the San Gill Breccia Zone generally dips steeply to the east.  As a result, the Company believes that three of the diamond drill holes were collared in the footwall and drilled underneath the San Gill Breccia Zone.

One hole was collared in such a location that it had probably drilled out of the oxidized near-surface part of the San Gill Breccia Zone. Significantly, this diamond drill hole intersected a west-northwest to east-southeast trending quartz-silver-base metal vein at a depth of 471 m which intersected 4.16 metres at 1.14 g/t gold, 128 g/t silver, 2.23% lead and 1.86 % zinc. This vein is similar to other quartz-silver-base veins in the Zacatecas region.

Dr Wilson, Chief Operating Officer and a Director of Zacatecas comments, “It is incredible to think that San Gill Breccia Zone, at least 800 metres long and up to 40 metres wide, has not effectively been drilled tested. This is despite the fact that historical rock-chip geochemistry, taken from leach ferruginous outcrop, is highly anomalous in silver, gold, zinc and arsenic.”

The San Gill Breccia Zone passes westwards into the San Manuel vein swarm. The San Gill-San Manuel mineralized system covers an area of approximately two square kilometres and is characterized by multiple, northwest to southeast and west-northwest to east-southeast oriented, steeply-dipping, quartz-carbonate-silver-base metal mineralized veins. Individual veins are locally up to 7 metres wide and up to almost one kilometre in strike length. To date only a small part of the system has only been tested by 4 diamond drill holes.

The San Gill-San Manuel veins have a similar orientation and mineralogy to other intermediate sulphidation veins in the district and most likely predate the San Gill Breccia Zone. At least 12 historic shafts and additional areas of historical surface workings are associated with the quartz-silver-base metal veins — highly suggestive of significant metal tenor.

Dr Wilson further comments, “The San Gill-San Manuel mineralized zone is an extremely robust, yet largely an underexplored target. There are two distinct mineralizing events: an early intermediate sulphidation event and a later breccia event. It is very significant that the historical drill hole that tested the upper, leached parts of the San Gill Breccia Zone, also intercepted significant gold, silver and base metal grades at depth. Both the breccia and the intermediate sulphidation veins are excellent targets that warrant significant drill testing.”

It is worth noting that the north-south tending mineralized structures within the Zacatecas region, in addition to representing the last mineralizing event, are often gold-rich. This is evidenced by the El Orito system in the southern part of the Zacatecas camp which is a significant gold producer.

Zacatecas field geologists are currently completing an extensive, grid-based soil sampling program at the El Cristo prospect (see Zacatecas New Release of April 7, 2021). As soon as this is completed, an aggressive rock chip and channel geochemical program, grid soil sampling, and detailed geological and structural mapping program, will commence at San Gill-San Manuel. Zacatecas geologists have already identified a number of high priority drill-ready targets — the geochemical and mapping program is designed to ensure that key control on mineralization is fully understood and that the highest value targets are selected.

Bryan Slusarchuk, Chief Executive Officer and Director, states, “Dr. Wilson and his team have accomplished a lot already, since the recent launch of Zacatecas Silver. Work targeting confirmation and upgrading of the historic resource at the Panuco Silver Deposit is well underway and additionally, much field work has been done in both the El Cristo and San Gill-San Manuel as described in today’s News Release. We look forward to keeping investors updated in the coming days and weeks as we advance on these multiple fronts, within this large and commanding land package in the heart of one of the world’s most important regions for high-grade silver.”

The Company also announces the resignation of Mr. James Hutton as Director and Chairman of the Board due to health reasons of an immediate family member. Mr. Hutton will continue to support the Company in an advisory capacity on an as needed basis.

“Since co-founding Zacatecas Silver, I have always firmly believed in the future of the Company’s projects.  It is therefore with great regret that I have to resign from the Company in order to fully support my family in our fight against brain cancer,” said Mr. Hutton.

“On behalf of all the Board of Directors and of the Company, I wish to thank James for his contribution as a co-founder of Zacatecas. He will remain a strong supporter of the Company’s potential. We regret having to accept his resignation but wish him and his family all the best in this battle which they are facing with courage,” states Bryan Slusarchuk.

Qualified Person

The technical content of this news release has been reviewed, verified and approved by Dr. Chris Wilson,  B.Sc (Hons), PhD, FAusIMM (CP), FSEG. Chief Operating Officer and Director of Zacatecas Silver, a qualified person as defined by NI 43-101. 

About Zacatecas Silver Corp.

The Zacatecas Silver property is located in Zacatecas State, Mexico, within the highly prospective Fresnillo Silver Belt, which has produced over 6.2 billion ounces of silver. The company holds 7826 ha (19,338 acres) of ground that is highly prospective for low and intermediate sulphidation silver-base metal mineralization and potentially low sulphidation gold-dominant mineralization.

The property is 25 km south-east of MAG Silver Corp.’s Juanicipio Mine and Fresnillo PLC’s Fresnillo Mine. The property shares common boundaries with Pan American Silver Corp. claims and El Orito which is owned by Endeavour Silver. There are four main high-grade silver target areas within the Zacatecas concessions: the Panuco Deposit, Muleros, El Cristo and San Manuel-San Gill.  The Property also includes El Oro, El Orito, La Cantera, Monserrat, El Peñón, San Judas and San Juan silver-base metal vein targets. These targets are relatively unexplored and will be the focus of rapid reconnaissance review

On behalf of the Company
Bryan Slusarchuk
Chief Executive Officer and Director

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Zacatecas Silver cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Zacatecas Silver’s limited operating history, its proposed exploration and development activities on is Zacatecas Properties and the need to comply with environmental and governmental regulations.  Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Zacatecas Silver does not undertake to publicly update or revise forward-looking information.

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

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SOURCE Zacatecas Silver Corp.

REDWOOD CITY, Calif., April 19, 2021 /PRNewswire/ — Talend (NASDAQ: TLND), a global leader in cloud data integration and data integrity, announced the winners of its Partner of the Year Awards, 2021, during its annual Partner Summit held April 15-16 across three regions. This recognition celebrates select partners from around the globe that have demonstrated exceptional innovation and leadership in advancing digital transformation initiatives for our customers worldwide.

The Partner of the Year winners are judged using a range of criteria including ACV booking of net new deals, creativity and innovation, project scope and complexity, as well as overall business value achieved for customers in cloud and big data. This year’s award recipients include:

Global Partner of the Year: Accenture

Regional Partner of the Year:

• US: Perficient
• EMEA: Keyrus
• APAC: Deloitte
• JAPAN: Hitachi Solutions
• ASEAN: Micro D International

Talend also recognized partners regionally with System Integrator of the Year awarded to Accenture (US) and Capgemini (EMEA). ISV of the Year was awarded to Snowflake (EMEA).

Talend’s partner program is designed to increase customer value from Talend’s cloud products. Partners benefit from helping customers identify opportunities for impactful digital transformations and are able to successfully execute and deploy with the help of Talend. Talend provides a unified user experience that ensures data quality, data governance, data lineage, data cataloging, and data sharing with other applications via Talend Data Fabric.

“Congratulations to all the recipients of this year’s awards,” said Rolf Heimes, Global Head of Business Development at Talend. “This year’s winners stood out from the field because of their outstanding performance across several key areas such as technical skills, innovation, and overall customer value. We look forward to our continued collaboration, growth, and success in the year ahead.”

About Talend
Talend (NASDAQ: TLND), a leader in data integration and data integrity, is changing the way the world makes decisions.

Talend Data Fabric is the only platform that brings together all the data integration and governance capabilities, to simplify every aspect of working with data. Talend delivers complete, clean, and uncompromised data in real-time to all. This unified approach to data has made it possible to create the Talend Trust Score™, an industry-first innovation that instantly assesses the reliability of any data set to bring clarity and confidence to every decision. 

Over 6,000 customers across the globe have chosen Talend to run their businesses on trusted data. Talend is recognized as a leader in its field by leading analyst firms and industry media. For more information, please visit www.talend.com and follow us on Twitter: @Talend.

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SOURCE Talend Inc.

TORONTO, April 19, 2021 /PRNewswire/ – Kontrol Technologies Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) (“Kontrol Technologies” or “Kontrol” or “Company“) a leader in smart buildings and cities through IoT, Cloud and SaaS technology, is pleased to announce the addition of Danby Appliances (“Danby“) to its BioCloud manufacturing team and a manufacturing strategic partnership between Kontrol, OES Inc. (“OES“) and Danby. The strategic partnership will mean that OES will handle global supply chain, project engineering and production of the electronic components and Danby will focus on final assembly and scaling production.

“We continue to add to the infrastructure essential to build BioCloud into a global solution for real-time viral detection,” says Paul Ghezzi, CEO Kontrol. “We’re pleased to welcome Danby, one of Canada’s leading manufacturers, to the team. It’s exciting to have them on-board and part of the plan to mass produce BioCloud in Ontario.” 

Danby is a Canadian company with a long history of bringing innovative products to market.  Danby’s product manufacturing experience, existing infrastructure in Ontario, and recent success in the mass production of ventilators through the Canadian Ventilator Program will compliment OES’ expertise in product engineering and complex electronic manufacturing.  

“We’re thrilled to partner with Jim Estill and his team at Danby, it’s an exciting made-in-Ontario manufacturing partnership,” says Jeff Stewart, CEO of OES Inc. “Our focus has always been centered on rapid prototype development through product launch and initial manufacturing of the technology. With the anticipated global demand for BioCloud, we knew partnering with another manufacturer experienced in large scale product assembly with existing infrastructure in Ontario to support quick ramp up would be important. “

“We are delighted to have been selected by Kontrol and OES as a strategic partner and to be participating in the production of this innovative and much needed technology,” says Jim Estill, CEO Danby.

About Danby Appliances

A proudly Canadian, privately owned company, Danby is a recognized brand and a world leader of refrigeration and specialty appliance products proudly assembling their products in Ontario, Canada. With a rich history of creating innovative appliance, refrigeration and climate control products, Danby has been at the forefront of revolutionizing smart space living for the past 75 years. Their mission is simple; create simple, functional, and durable products designed to fit consumers at every stage of their life. The combination of smart design, smart craftsmanship, and smart price has been a cornerstone to the success of the Danby family of brands. With more than 2 million units manufactured, assembled, and tested annually, Danby manages a global inventory system tracking tens of thousands of raw material items and SKU’s. For more information about Danby Appliances visit www.danby.com

About OES Inc.

Starting in 1980 OES followed a basic strategy that proved successful; connect with emerging companies with market growth opportunities, fill their need for a technology partner and design, produce and support innovative solutions that exceeded expectations and business goals.

It was a strategy that created limitless opportunities for diversity and OES quickly became involved in projects that included electrical engineering as well as assembly, installation, and service for solutions in various markets and industries. As OES engaged with customers around the world and applied their talents to designing innovative electronic and technology applications, their growth and problem solver reputation led to the creation of three diverse yet related divisions – OES Manufacturing, OES Scoreboards and OES Technologies.

Over the years, OES has developed trusted advisor relationships across multiple markets and industries worldwide. OES’ reputation for innovation and rapid prototyping is second only to OES’ reputation for unmatched customer service. Continued success is driven by striving for absolute customer satisfaction and embracing 4F’s – Fast, Focused, Flexible, and Finish – every single day. For more information about OES Inc. visit www.oes-inc.com

About Kontrol BioCloud

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BioCloud is a real-time analyzer designed to detect airborne viruses. It has been designed to operate as a safe space technology by sampling the air quality over time. With a proprietary detection chamber that can be replaced as needed, viruses are detected, and an alert system is created in the Cloud or over local intranet. BioCloud has been designed for spaces where individuals gather including classrooms, offices, retirement homes, hospitals, mass transportation and others. Additional information about Kontrol BioCloud can be found on its website at www.kontrolbiocloud.com

About Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol Technologies provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may”, “will”, “expect”, “likely”, “should”, “would”, “plan”, “anticipate”, “intend”, “potential”, “proposed”, “estimate”, “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. 

Where the Company expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that sufficient capital will be available to the Company and that technology will be as effective as anticipated.

However, forward-looking statements are subject to risks, uncertainties, and other factors, which could cause actual results to differ materially from future results expressed, projected, or implied by such forward-looking statements. Such risks include, but are not limited to, that sufficient capital and financing cannot be obtained on reasonable terms, or at all, that technologies will not prove as effective as expected, that customers and potential customers will not be as accepting of the Company’s product and service offering as expected, and government and regulatory factors impacting the energy conservation industry. Kontrol
BioCloud is an air quality technology and not a medical device. The Company is not making any express or implied claims that its product has the ability to eliminate, cure or contain the COVID-19 (or SARS-2 Coronavirus).

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date.  Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

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SOURCE Kontrol Technologies Corp.

MORRIS PLAINS, N.J., April 19, 2021 /PRNewswire/ — Honeywell (NYSE: HON) today announced that global natural and organic foods retailer Whole Foods Market has adopted its Solstice^® N40 (R-448A) lower global-warming-potential (GWP) refrigerant in its stores across the United States as it seeks to reduce refrigerant emissions under the U.S. Environmental Protection Agency’s GreenChill program.

Whole Foods Market will retrofit their commercial refrigeration systems at more than 100 stores with Honeywell’s reduced-GWP alternative, replacing high-global-warming-potential refrigerants R-404A and R-22.

Based on hydrofluoroolefin (HFO) technology, Solstice N40 offers a GWP that is approximately 68 percent lower than legacy hydrofluorocarbon (HFC) refrigerants like R-404A. When using Solstice N40,  refrigeration systems also consume less energy than their counterparts that cool using HFCs. In U.S. and European supermarket trials, in comparison to R-404A, Solstice N40 demonstrated an average of between 5 to 15% lower energy consumption in refrigeration applications. It can be used in new installations and to retrofit existing systems using high-GWP refrigerants like R-404A and R-507.

Food retailers around the world have adopted Solstice N40 to help them comply with current and proposed regulations, including the internationally adopted Kigali Amendment to the Montreal Protocol, with the aim of reducing the use of high-GWP HFCs. Solstice N40 is the most widely accepted, lowest GWP, nonflammable replacement for R-404A, with more than 30,000 installations globally since its release in 2015.

“In the past decade, we’ve implemented several innovative measures to reduce our CO2 emissions, and the use of Honeywell’s refrigerant to retrofit our stores will contribute significantly to this goal,” said Mike Ellinger, Principal Program Manager-Engineering, Compliance and Sustainability, of Whole Foods Market. “After reviewing all of our available retrofit options for our refrigerated cases, R-448A was the clear winner, based on its performance, energy efficiency, reduced GWP and ease of conversion.”

Whole Foods Market is a founding member and active participant in the EPA’s GreenChill Partnership, with 12 stores certified. The GreenChill program is a partnership with food retailers to reduce greenhouse gas emissions by using alternative solutions and minimizing refrigerants that deplete the ozone.

“Solstice N40 has become the trusted choice for both commercial and industrial refrigeration customers globally to meet sustainability goals, and we are proud to assist the industry in moving toward the future with environmentally preferable and energy-efficient refrigerants,” said Chris LaPietra, vice president, Honeywell Stationary Refrigerants. “Solstice N40 will help Whole Foods Market lower its carbon footprint, save energy and meet regulatory requirements without having to undertake massive changes to its systems.”

Honeywell is a world leader in the development, manufacture and supply of refrigerants that are sold worldwide under the Solstice^® and Genetron^® brand names for a wide range of applications including refrigeration and air conditioning for buildings and automobiles. Honeywell and its suppliers have completed a billion-dollar investment program in research, development, and new capacity for Honeywell’s hydrofluorolefin technology. Worldwide adoption of Solstice products has resulted in the reduction of more than 200 million metric tons of CO2 to date, equal to eliminating the emissions from more than 42 million cars.

Whole Foods Market has been the world’s leading natural and organic foods retailer for 40 years. As the first national certified organic grocer, Whole Foods Market has more than 500 stores in the United States, Canada and the United Kingdom. To learn more about Whole Foods Market, please visit https://media.wholefoodsmarket.com/. 

Honeywell recently committed to achieve carbon neutrality in its operations and facilities by 2035. This commitment builds on the company’s track record of sharply reducing the greenhouse gas intensity of its operations and facilities as well as its decades-long history of innovation to help its customers meet their environmental and social goals. About half of Honeywell’s new product introduction research and development investment is directed toward products that improve environmental and social outcomes for customers.

Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable.  For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

This release contains certain statements that may be deemed “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.

Global media contact:
Tehani Manochio 
(973) 216-0684 
[email protected]    

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SOURCE Honeywell

TORONTO, April 19, 2021 /CNW/ – TD Asset Management Inc. (“TDAM”) today announced the April cash distributions for the TD Exchange-Traded Funds (the “TD ETFs”) listed below. Unitholders of record on April 29, 2021 will receive cash distributions payable on May 6, 2021.

For more information regarding TD ETFs, visit TDAssetManagement.com

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus and ETF Facts before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns.

The TD Canadian Aggregate Bond Index ETF (the “TD ETF”) is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index (as defined below) and/or any trade mark(s) associated with the Index or the price of the Index at any time or in any other respect. The Solactive Canadian Select Universe Bond Index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the Issuer, Solactive AG has no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the TD ETF. Neither publication of the Index by Solactive AG nor the licensing of the Index or any trade mark(s) associated with the Index for the purpose of use in connection with the TD ETF constitutes a recommendation by Solactive AG to invest capital in said TD ETF nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in this TD ETF.

TD ETFs are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.

®The TD logo and other trademarks are the property of The Toronto-Dominion Bank or its subsidiaries.

About TD Asset Management Inc.

TD Asset Management (TDAM), a member of TD Bank Group, is a North American investment management firm. Operating through TD Asset Management Inc. in Canada and TDAM USA Inc. in the U.S., TDAM brings new thinking to investors’ most important challenges. TDAM offers investment solutions to corporations, pension funds, endowments, foundations and individual investors. Additionally, TDAM manages assets on behalf of almost 2 million retail investors and offers a broadly diversified suite of investment solutions including mutual funds, professionally managed portfolios and corporate class funds. Asset management businesses at TD manage $407 billion in assets as at December 31, 2020. Assets under management include TD Asset Management Inc., TDAM USA Inc. and Epoch Investment Partners Inc. (Epoch). All entities are wholly-owned subsidiaries of The Toronto-Dominion Bank.

SOURCE TD Asset Management Inc.

DAEJEON, South Korea, April 19, 2021 /PRNewswire/ — PharmAbcine Inc. (KOSDAQ: 208340ks), a clinical-stage biotech company focusing on the development of antibody therapeutics, announced today that the company has entered into an agreement with MSD to initiate a Phase II combination trial of olinvacimab, an anti-VEGFR2 antibody, and KEYTRUDA® (pembrolizumab), MSD’s anti-PD-1 therapy, in metastatic Triple-Negative Breast Cancer(mTNBC).

The phase II clinical trial, an open-label, multicenter trial, will enroll immuno-oncology drug naïve mTNBC patients regardless of their PD-L1 expression level to evaluate the clinical efficacy, safety, pharmacodynamics, and the expression level of VEGFR-2 and PD-L1 after administering 16mg/kg of olinvacimab and 200mg of pembrolizumab.

The companies have entered this collaboration based on the promising clinical data obtained from the phase Ib olinvacimab and pembrolizumab study in mTNBC which is currently ongoing in Australia. According to the interim result as of September 2020, the combo therapy showed a manageable safety profile with 50% ORR (Overall Response Rate) and 67% DCR (Disease Control Rate) in patients who received olinvacimab plus pembrolizumab at the recommended phase 2 dose (RP2D) (N=6pts). In addition, 1 patient in PR (Partial Response) showed CR (Complete Response) in the target lesion and another PR patient showed CR in a non-target lesion.

Under the terms of the agreement, PharmAbcine will sponsor a phase II clinical trial that will take place in both Australia and South Korea, and MSD will supply KEYTRUDA. 

“Helping cancer patients is core to our mission. Based on the safety profile and early clinical efficacy observed in the phase Ib trial, we feel we have a responsibility to explore olinvacimab in combination with pembrolizumab in mTNBC patients further in phase II,” said Dr. Jin-San Yoo, CEO of PharmAbcine. “We will try our best so the multinational clinical study can begin in the first half of 2021.”

About Metastatic Triple Negative Breast Cancer (TNBC)
mTNBC is a highly malignant type of cancer that shows a high recurrence rate within the first five years after the diagnosis. mTNBC accounts for 15-20% of all breast cancers and shows a 5-year survival rate of approximately 11%. Unlike some other breast cancers, mTNBC does not express estrogen receptor, progesterone receptors and human epidermal growth factor receptor 2 (HER2), and it does not respond to existing cancer drugs designed to target these markers. mTNBC is still very difficult to treat, and there are very few FDA approved treatment options for these patients.

About Olinvacimab

PharmAbcine’s leading pipeline, olinvacimab, an anti-VEGFR2 neutralizing fully human IgG, is currently in a phase II study for bevacizumab-nonresponding rGBM (recurrent glioblastoma multiforme) patients in both US and Australia. In addition to the combination of olinvacimab and pembrolizumab trial in mTNBC, another olinvacimab plus pembrolizumab Phase Ib trial for rGBM is ongoing in Australia.

About PharmAbcine Inc.

PharmAbcine is a clinical-stage biotech company focusing on the development of fully human antibody therapeutics to treat neovascular disorders, tumors, and other medically unmet diseases. It provides therapeutic antibodies for a wide spectrum of indications from oncology, immuno-oncology, ophthalmology, pulmonology, to renal pathology.

PharmAbcine has its own HuPhage library and innovative selection system. PharmAbcine’s advanced 3G expression system accommodates high levels of antibody production and steady reproducibility. With these cutting-edge technology platforms, it provides state of the art antibody generation services.

PharmAbcine also has unique knowhow in the area of the antibody production, early drug development, and clinical development.

For additional information about PharmAbcine, visit http://pharmabcine.com/ or follow us on Youtube and Linkedin.

For IR/PR inquiries, please contact:

Investor Relations /Public Relations Department

Paul Kim, Chief Financial Officer
E-mail:

[email protected]

 
Office line: +82 70 4270 2632

Sungjun Park, Associate
E-mail:

[email protected]

 
Office line: +82 70 4270 2637

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SOURCE PharmAbcine

CHICAGO, April 19, 2021 /PRNewswire/ — United is adding three new flights to its international network, giving travelers more options for summer travel by flying direct to countries that are starting to reopen to vaccinated visitors. Starting in July, United will offer new direct flights from Newark Liberty International Airport to Dubrovnik, Croatia, from Washington Dulles International Airport to Athens, Greece and from Chicago O’Hare International Airport to Reykjavik, Iceland, all subject to government approval.

United’s Travel-Ready Center enables customers to upload their COVID-19 testing and vaccine documentation, and have it certified ahead of check-in so customers can get their boarding pass before getting to the airport. United is the only airline that does this seamlessly in the airline’s mobile app.

The addition of these new routes reflects an increase in interest among United’s customers: in the last month, searches on United.com for flights to Croatia, Greece and Iceland are up 61%. And customers can book travel starting today at United.com and on the United mobile app.     

“As countries around the world begin the process of reopening, leisure travelers are eager to take a long-awaited getaway to new international destinations,” said Patrick Quayle, vice president of international network and alliances. “These three new routes unlock the natural beauty of the outdoors for our guests. They are also the latest example of how United is remaining nimble in rebuilding our network.”

Croatia

United plans to add the only nonstop service between the U.S. and Croatia on July 8, with service to Dubrovnik on Croatia’s Dalmatian Coast. The airline will operate three weekly flights between Newark and Dubrovnik through October 3 on a Boeing 767-300ER with 30 United Polaris business class seats. Flights will operate Monday, Thursday, and Saturday from Newark and on Tuesday, Friday, and Sunday from Dubrovnik and will be timed to connect in Newark to over 65 cities in North America. 

Greece

United will expand its service to Athens with daily flights from Washington Dulles beginning July 1 and operating through October 3. This new route marks the first time daily nonstop flights have been available between Washington D.C. and Athens. The schedule is timed for connections in Washington Dulles to over 95 cities in North America and will be operated by a Boeing 787-8 Dreamliner with all-aisle-access Polaris business and United Premium Plus seats. This builds on United’s existing daily summer service to Athens from Newark Liberty International Airport, which resumes on June 3.

Iceland

United is expanding its service to Iceland with the first U.S. carrier service from Chicago to Reykjavik, beginning July 1 and running daily through October 3. The schedule is timed for connections in Chicago O’Hare to over 100 cities in North America and will be operated by a Boeing 757-200 with 16 lie flat business class seats in the Polaris cabin. This new service builds upon United’s existing service to Reykjavik from Newark, with daily flights resuming June 3 and operating through October 29.

These new routes are just the latest adjustments United is making to its international schedule in response to increased demand. In addition:

• United is adding three new markets in Africa*, with service three times weekly to Accra, Ghana from Washington Dulles beginning May 14, three times weekly service to Lagos, Nigeria from Washington Dulles set to begin later this year and daily service to Johannesburg, South Africa from Newark beginning June 3(*subject to government approval).
• United is expanding its India portfolio to 5 daily flights with new service from San Francisco to Bangalore beginning May 27
• United is growing service to Tel Aviv as Israel prepares to welcome back group tourists, with Chicago service resuming three times weekly on May 7 and expansion of San Francisco to daily service on June 3, for a total of 24 weekly frequencies.
• In May, United will resume service from Newark to Rome and Milan, and from Chicago to Munich, Amsterdam, and Tokyo Haneda
• In June, United will resume flights between San Francisco and Tahiti.

Vaccinated travelers may still be subject to local country restrictions related to quarantines, testing, curfews and other requirements. Customers should check with their destination or United’s Destination Travel Guide for specific details.

Committed to Ensuring a Safe Journey
United is committed to putting health and safety at the forefront of every customer’s journey, with the goal of delivering an industry-leading standard of cleanliness through its United CleanPlus program. United has teamed up with Clorox and Cleveland Clinic to redefine cleaning and health safety procedures from check-in to landing and has implemented more than a dozen new policies, protocols and innovations designed with the safety of customers and employees in mind. To manage entry requirements in different destinations, and find places to get tests, customer can visit United’s Travel Ready Center.

About United
United’s shared purpose is “Connecting People. Uniting the World.” For more information, visit united.com, follow @United on Twitter and Instagram or connect on Facebook. The common stock of UAL is traded on the Nasdaq under the symbol “UAL”.

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SOURCE United Airlines

SALT LAKE CITY, April 19, 2021 /PRNewswire/ — CleanSpark, Inc. (Nasdaq: CLSK) (the “Company” or “CleanSpark”), a diversified software, services, and Bitcoin mining company, today announced an update on its business operating units, including microgrids, unaudited Bitcoin (“BTC”) production and holdings through March 31, 2021 and April 18, 2021.

Financial Update

CleanSpark expects to file its Quarterly Report on Form 10-Q for the Second Fiscal Quarter of 2021 on May 7, 2021.  The Company anticipates that it will be holding an earnings call to discuss quarterly financial results, its outlook and updated guidance on the same day. CleanSpark will publish detailed call-in information under a separate release.

Microgrid Business Sales Update

• As of April 18, 2021, the Company’s backlog of executed contracts has grown to over $23.5 million. Representing an increase of $16.2 million or 220% from $7.3 million, as mostly recently announced on February 12, 2021.
• Approximately, $14.3 million relates to the Company’s residential microgrid and energy storage initiatives. The Company expects these microgrids to be completed over the next 12 months or less.
• Approximately, $4.6 million relates to the Company’s commercial and industrial microgrid and switchgear offerings. The Company expects these contracts to be completed over the next 18 months or less.
• Approximately, $4.0 million relates to international microgrid development contracts. The Company expects these microgrids to be completed in a phased approach over multiple years.
• Approximately, $0.6 million relates to the P2K software and services business. The Company expects these contracts to be completed over the next 12 months or less.

Amer Tadayon, CleanSpark’s Chief Revenue Officer, stated, “We are very pleased with the results being generated by our sales and marketing teams. All of our efforts have begun to bear fruit, especially our residential initiative, which has been yielding incredible results.”

Bitcoin Production and Operations Updates

• In the quarter ended March 31, 2021, the Company produced more than 144 Bitcoins and has produced 205 Bitcoins since acquiring its mining operations on December 10, 2021.
• As of April 18, 2021, CleanSpark is holding more than 143 Bitcoins on its balance sheet, all of which have been produced by its mining operations.
• Total hashrate capacity is expected to increase to over 1.1 EH/s by August 2021 and exceed 3.2EH by September 2022.
• At current difficulty rates, 1.1 EH/s would represent 6-7 Bitcoins a day and a hashrate at 3.2 EH/s it would represent 18-20 Bitcoins per day.
• The growth from 1.1 EH/s to 3.2 EH/s is expected to occur at an average rate of 160 PH/s per month from September 2021 to September 2022. At current difficulty rates, this would result in Bitcoin production increasing by approximately one additional Bitcoin per day every month.

CLSK Hash Rate Growth Schedule

The Company plans to continue to regularly provide Bitcoin operational updates and unaudited production results. These updates are intended to keep shareholders informed of CleanSpark substantial growth as it continues to deploy its expanding mining fleet.

Matthew Schultz, CleanSpark’s Executive Chairman, stated, “From having 95% non-carbon-based electricity powering our mining operations, to our rapidly-growing partnership program, it’s clear that our focus on an ESG-centered approach to growth continues to be validated.   Global events, from the recent power disruptions, taking Chinese BTC mining offline, to the massive, sustained outages in our own country have resulted in a significant increase in inquiries surrounding our microgrid and energy offerings as residential, industrial and commercial customers recognize the fragile state of the current power distribution model. Our recent financing transactions have positioned the Company to continue to make strategic, accretive moves, and we look forward to sharing the results with our shareholders.”

Parties interested in learning more about CleanSpark products and services are encouraged to inquire by contacting the Company directly at [email protected] or visiting the Company’s website at www.cleanspark.com.

About CleanSpark:

CleanSpark, Inc., a Nevada corporation, is in the business of providing advanced software, controls and technology solutions to solve modern energy challenges. CleanSpark has a suite of software solutions that provides end-to-end microgrid energy modeling, energy market communications, and energy management solutions. CleanSpark’s offerings consist of intelligent energy monitoring and controls, intelligent microgrid design software, middleware communications protocols for the energy industry, energy system engineering, custom hardware solutions, microgrid installation and implementation services, traditional data center services and software consulting services.

The Company and its subsidiaries also own and operate a fleet of Bitcoin miners at its facility outside of Atlanta, Georgia.

For more information about the Company, please visit the Company’s website at https://www.cleanspark.com/investor-relations.

Forward-Looking Statements:

This release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s plans and expectations for expansion of its energy initiatives, its goal to achieve carbon-neutrality, deployment of Bitcoin miners, the growth of the facility, the timing of completing contracted work, revenue expectations, Bitcoin mining production amounts, and other statements regarding the expectations, beliefs, plans, intentions and strategies of the Company. The Company has tried to identify these forward-looking statements by using words such as “expect,” “target,” “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, without limitation: delays in mining equipment and battery energy storage systems availability and delivery, the price volatility and potential increase in difficulty rate of Bitcoin, the successful deployment of energy solutions for residential and commercial applications, the fitness of the Company’s energy hardware, the availability of clean energy sources, software and other solutions for this particular application or market, the expectations of future revenue growth may not be realized, ongoing demand for the Company’s software products and related services, the impact of global pandemics (including COVID-19) on the demand for our products and services, future Bitcoin mining difficulty and other risks described in the Company’s prior press releases and in its filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in the Company’s  Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release (including any forward-looking statements contained herein) to reflect events or circumstances after the date hereof.

Contact – Investor Relations:
CleanSpark, Inc.
Investor Relations
(801)-244-4405

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SOURCE CleanSpark, Inc.

SAN JOSE, Calif., April 19, 2021 /PRNewswire/ —

HIGHLIGHTS

• FICO today announced the third event in its virtual series – Success Realized: Digital Transformation Delivered
• The five-day event will run from April 26^th – 30^th, 2021
• Event will include over 100 sessions presented in three key tracks – Customer Digital Journey, Fraud in a Faceless Environment, and Innovation through Decision Management

FICO, a global analytics leader, today announced another event in its virtual series – Success Realized: Digital Transformation Delivered. This interactive, five-day event will run from Monday, April 26, 2021 through Friday, April 30, 2021 and will focus on best practices and lessons learned from organizations who have not only survived, but thrived during the pandemic. The sessions will highlight the power of digital transformation in building a future-forward business foundation.

“The COVID-19 pandemic has created both challenges and opportunities that have forced organizations to accelerate their digital transformation journey,” said Nikhil Behl, chief marketing officer at FICO. “We wanted the event to highlight innovative, forward-thinking companies who have proven the positive impact digitization can make on business resilience during these challenging times. In partnership with industry analysts and our customers, our hope is that virtual event attendees come away with actionable insights and advice that they can implement today to help accelerate their digital transformation.”

Success Realized: Digital Transformation Delivered
 is the third in a series of FICO virtual events designed to provide global organizations with best practices for a customer-centric approach to digital transformation that realizes the full power of predictive analytics.

This latest event will include over 50 sessions presented in three key tracks:

• Customer Digital Journey – Delivering engaging, personalized and valuable customer interactions through digital channels is now the prime directive for every organization. Doing so requires the reengineering of legacy processes to create an intelligent, highly automated customer lifecycle journey, from acquisition and onboarding through account management and collections.
• Fraud in a Faceless Environment – COVID-19 took interactions from in-person to digital and contactless, a sweet spot for more fraudsters to take advantage of the rapidly evolving criminal landscape. Even amongst the new pandemic recovery period, organizations can not only react to fraud but proactively prevent it, and thrive.
• Innovation through Decision Management – Building decision intelligence applications and delivering prescriptive analytics wherever and whenever needed is challenging in the best of times. Establishing a future-proof platform with analytic and AI powered insights, state-of-the-art optimization, and decision rules solutions can help businesses transform into customer-centric, automated and intelligent enterprises.

Keynote session presented by industry-leading experts include:

• The Role of Data in Doing Digital from Chris Skinner, Author of ValueWeb and Digital Bank
• What Have We Learned from the Pandemic? from Will Lansing – FICO CEO, Claus Moldt – FICO CTO, and Stephanie Covert – FICO Executive VP
• Why Everyone Needs a Digital Decisioning Platform from Mike Gualtieri, VP, Forrester
• The Top Digital Account Opening Trends — How to Seize Transformation Opportunities from Tiffani Montez, Retail Banking Senior Analyst, Aite Group
• Fraud and Financial Crime: The COVID-19 Impact from Daniel Mayo, Chief Analyst, Omdia and TJ Horan, VP of Product Management, FICO

Learn more about this event and register here.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, telecommunications, health care, retail, and many other industries. Using FICO solutions, businesses in more than 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Join the conversation at https://twitter.com/fico & https://www.fico.com/en/blogs/.

For FICO news and media resources, visit www.fico.com/news.

FICO is a registered trademark of Fair Isaac Corporation in the United States and in other countries.

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SOURCE FICO

• COMPLETES TRANSITION TO FULLY INTEGRATED CONSUMER PACKAGED GOODS (CPG) COMPANY
• PLANS LAUNCH OF LINEUP OF CBD BEVERAGES IN THE U.S., INCLUDING FLAVORED TEAS AND LEMONADES
• ANNOUNCES LAUNCH OF PLANT BASED OMEGA 3-6-9 PRODUCTS

LAVAL, QC, April 19, 2021 /PRNewswire/ -Neptune Wellness Solutions Inc. (“Neptune” or the “Company”) (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on natural, plant-based, sustainable and purpose-driven lifestyle brands, today provided a business and strategy update. Over the past year, Neptune has undergone a significant transformation from a B2B cannabis and hemp extraction company to a fully integrated consumer products company. The Company’s long-term strategy is focused on the health and wellness sector with an emphasis on select CPG verticals, including Cannabis, Nutraceuticals, Beauty & Personal Care, and Organic Foods & Beverages. Neptune’s current innovative and disruptive brand portfolio across these verticals include Mood Ring™, PanHash™, Sprout®, NurturMe®, Nosh®, Neptune Wellness, Forest Remedies®, and Ocean Remedies®.

The Company intends to continue organically building out its existing brand portfolio through innovation and contributions from its product development and research and development teams. 

“We have made tremendous progress transforming a 22-year-old company in less than two years. We are in a unique time in history, and we believe that the opportunities ahead of us are immense,” said Michael Cammarata, President and Chief Executive Officer of Neptune. “We are forging a new path in consumer health and wellness, with industry-changing implications. We are confident that our actions will position us for strong, disciplined growth, margin expansion and the development of a portfolio of innovative and defensible products and brands.”

Mr. Cammarata added, “Today, all our business verticals, except Cannabis are positively contributing to gross margin. Mood Ring has exceeded our expectations and will achieve scalability soon.  Transforming from a B2B cannabis and hemp extractor to a full-scale disruptive and diversified CPG company during an unprecedented global pandemic and economic instability around the world, while challenging, was absolutely the right thing to do for the long-term value creation our shareholders expect.  I am thankful to have the unanimous support of the Board of Directors (the “Board”), the overwhelming support and patience of our long-term institutional investors, and most of all the hard work of our associates at Neptune to make this transformation a success.

Neptune’s future will be focused on brand creation, accelerated organic growth complemented by new acquisitions with operational excellence as our foundation. The first step toward this new strategy is a lineup of CBD-infused beverages starting with teas and lemonades, that is expected to launch into the U.S. market later this year.  Additionally, we will introduce a disruptive plant-based Omega 3-6-9 product in the U.S. market as well as plant-based tableware and utensils.”

“Michael’s vision, unanimously supported by the Board of Directors, positions the Company for accelerated growth across multiple business verticals,” said John Moretz, Chairman of the Board of Directors for Neptune. “The scale of Neptune’s transformation is truly remarkable and should position the Company for significant long-term top-line growth. I have long said the most successful companies in any industry must continually transform and evolve to changing conditions. Michael’s vision to quickly evolve in the face of a global pandemic and economic strife was the right decision at the right time.”

Executive Management. Following the request of the Company’s current management, the Board has decided to expand the leadership team to support the execution of the Company’s vision. Neptune will be adding a president dedicated to supporting the North American CPG brand portfolio. This position, when filled, will report directly to Michael Cammarata. Additionally, Neptune recently hired Emily Fletty as Vice President of Human Resources, who brings significant experience leading human resources functions at multiple dynamic growth organizations.

Organic Foods and Beverages. Neptune acquired a controlling interest in Sprout Foods, Inc., (“Sprout”) in February 2021, and the full integration is ahead of expectations. Sprout is an integral piece of Neptune’s health and wellness portfolio and represents a key brand within the Organic Foods and Beverages vertical. Since completing the Sprout acquisition, the Company has begun expansion efforts in Sprouts’ distribution substantially in all of Target’s U.S. retail stores. The Company also expects to launch Sprout products in Canada and the UK during the second fiscal quarter.

Nutraceuticals. Neptune is focused on expanding its exclusive Omega-3 delivery technology MaxSimil® while improving growth and profitability in its Nutraceuticals vertical. This includes expanding the supply and manufacturing base, which is expected to significantly lower production costs and improve gross margins and returns on invested capital. The MaxSimil® product lineup will be expanded with the launch of two new consumer products: MaxSimil® with CoQ10 and MaxSimil® with Curcumin. Additionally, the Company plans to launch a new consumer line of Vitamin Sprays and Pumps for both children and adults with selected retail partners. To support anticipated accelerated growth, the Nutraceuticals U.S. sales force has been expanded to maximize awareness and distribution of the capabilities and expertise in CBD formulation, prebiotics and probiotics, and proteins within this important vertical.

Cannabis. Neptune made significant progress expanding its product distribution in the Canadian cannabis market over the last several months. The Company received authorization to sell its Mood Ring and PanHash products in four provinces (British Columbia, Ontario, Alberta and Quebec). Products are currently sold in British Columbia and Ontario, with plans to begin sales in Alberta and Quebec soon. Additionally, Neptune recently received a license amendment from Health Canada to allow the sale of dried cannabis flower and pre-rolled cannabis joints throughout the Canadian market.

Shareholder Class Action. On March 16, 2021, a purported class action was filed in the United States District Court for the Eastern District of New York against the Company and certain of its current and former officers alleging violations of Section 10(b) and 20(a) of the Securities Exchange Act of 1934. The Company believes these claims are without merit and intends to vigorously defend itself.

ABOUT NEPTUNE WELLNESS SOLUTIONS INC.:

Neptune Wellness Solutions is a unique global health and wellness company that is changing consumer habits through the creation and distribution of environmentally friendly, ethical and innovative consumer product goods. Neptune’s simultaneous focus on B2C and B2B customer-oriented brand development provides the Company with international reach and scale from its owned and operated facilities that extract and create product formulation, all the way to the sales floor at top global retailers. Underpinned by a disruptive spirit, Neptune’s diversified, and fully integrated business model focuses on natural, plant-based, sustainable and purpose-driven lifestyle brands and the use of cannabinoids in household products to make them safer, healthier and more effective. Its portfolio includes emerging brands such as Forest Remedies™, Ocean Remedies™, Neptune Wellness™, Mood Ring™, and OCEANO3™, which are poised for rapid growth and expansion. Backed with a cost-efficient manufacturing and supply chain infrastructure that can be scaled up and down or into adjacent product categories to identify new innovation opportunities, Neptune quickly adapts to consumer preferences and demand, and is bringing its products as well as other Fortune 100 brands to market through strategic distribution partnerships, mass retail partners and e-commerce channels. Neptune is committed to its core mission of redefining health and wellness and helping humanity thrive by providing sustainable consumer focused solutions. For additional information, please visit: https://www.neptunecorp.com/

FORWARD LOOKING STATEMENTS:

Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements” within the meaning of the U.S. securities laws and Canadian securities laws, such as statements regarding the launch of new products, including the timing thereof, the ability of the Company to execute its business strategy, including the achievement of profitability, expanded gross margins or other financial metrics, the Company’s ability to locate suitable candidates in its executive searches and whether the Company prevails in the class action lawsuit filed against the Company. Such forward-looking statements involve known and unknown risks, uncertainties, and other unknown factors that could cause the actual results of Neptune to be materially different from historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements which explicitly describe such risks and uncertainties, readers are urged to consider statements labelled with the terms “believes”, “belief”, “expects”, “intends”, “projects”, “anticipates”, “will”, “should” or “plans” to be uncertain and forward-looking. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The forward looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement and the “Cautionary Note Regarding Forward-Looking Information” section contained in Neptune’s latest Annual Information Form (the “AIF”), which also forms part of Neptune’s latest annual report on Form 40-F, and which is available on SEDAR at www.sedar.com , on EDGAR at www.sec.gov/edgar.shtml and on the investor section of Neptune’s website at www.neptunecorp.com . All forward-looking statements in this press release are made as of the date of this press release. Neptune does not undertake to update any such forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in Neptune public securities filings with the Securities and Exchange Commission and the Canadian securities commissions. Additional information about these assumptions and risks and uncertainties is contained in the AIF under “Risk Factors”. Neither NASDAQ nor the Toronto Stock Exchange accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Neptune Wellness Solutions Inc.