ROSEN, LEADING INVESTOR COUNSEL, Reminds Celsion Corporation Investors of Important Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact the Firm – CLSN

NEW YORK, Nov. 13, 2020 (GLOBE NEWSWIRE) — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Celsion Corporation (NASDAQ: CLSN) between November 2, 2015 and July 10, 2020, inclusive (the “Class Period”), of the important December 29, 2020 lead plaintiff deadline in the securities class action. The lawsuit seeks to recover damages for Celsion investors under the federal securities laws.

To join the Celsion class action, go to http://www.rosenlegal.com/cases-register-1978.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) defendants had significantly overstated the efficacy of ThermoDox; (2) the foregoing significantly diminished the approval and commercialization prospects for ThermoDox; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 29, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1978.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        [email protected]
        [email protected]
        www.rosenlegal.com



Agenus and Dr. Steven O’Day to Participate in Webcast Hosted by William Blair on AGEN1181 and SITC Data

LEXINGTON, Mass., Nov. 13, 2020 (GLOBE NEWSWIRE) —  Agenus Inc. (NASDAQ: AGEN), an immuno-oncology company with an extensive pipeline of checkpoint antibodies, cell therapies, adjuvants, and vaccines designed to activate immune response to cancers and infections, today announced that Dr. Steven O’Day, Executive Director of the John Wayne Cancer Institute, Dr. Jennifer Buell, President and COO of Agenus, and Dr. Dhan Chand, Scientific Director Head of Drug Discovery at Agenus, will participate in a webcast hosted by Dr. Matt Phipps of William Blair on Monday, November 16, 2020 at 10:00 a.m. ET.

Dr. Steven O’Day will review data of AGEN1181 from its ongoing Ph1 dose escalation trial and discuss the initial responses, particularly those in patients with microsatellite stable disease, and how to place these data in context with other CTLA-4 antibodies. He will also discuss the potential implications of demonstrated Treg depletion with AGEN1181.

Dr. Jennifer Buell and Dr. Dhan Chand of Agenus will be available to discuss the next steps for AGEN1181 and indications selected for expansion. They will also discuss data from other programs presented at SITC, including first clinical data for AGEN2373, a CD137 agonist, the demonstrated importance of Fc-enhancement for TIGIT, and preclinical data for AgenT-797, AgenTus’ iNKT cell therapy, which recently entered the clinic for COVID-19.

Registration for the webinar can be done in advance at https://williamblair.zoom.us/webinar/register/WN_b0mxF_6yTWaC3bOTmfiTig.

A replay will be available after the call on the Events & Presentations page of the Agenus website at https://investor.agenusbio.com/events-and-presentations.


About Agenus


Agenus is a clinical-stage immuno-oncology company focused on the discovery and development of therapies that engage the body’s immune system to fight cancer. The Company’s vision is to expand the patient populations benefiting from cancer immunotherapy by pursuing combination approaches that leverage a broad repertoire of antibody therapeutics, adoptive cell therapies (through its AgenTus Therapeutics subsidiary), and proprietary cancer vaccine platforms. The Company is equipped with a suite of antibody discovery platforms and a state-of-the-art GMP manufacturing facility with the capacity to support clinical programs. Agenus is headquartered in Lexington, MA. For more information, please visit www.agenusbio.com and our Twitter handle @agenus_bio. Information that may be important to investors will be routinely posted on our website and Twitter.


Forward-Looking Statements


This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws, including statements regarding the potential and anticipated next steps for Agenus’ AGEN1181, AGEN2373, anti-TIGIT, and AgenT-797, as well as the rest of its other pipeline assets. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include, among others, the factors described under the Risk Factors section of our most recent Quarterly Report on Form 10-Q or Annual Report on Form 10-K filed with the Securities and Exchange Commission. Agenus cautions investors not to place considerable reliance on the forward-looking statements contained in this release. These statements speak only as of the date of this press release, and Agenus undertakes no obligation to update or revise the statements, other than to the extent required by law. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.


Contact:


Agenus Inc.

Caroline Bafundo
212-994-8209
[email protected] 



Tenneco Announces Pricing of Notes Offering

PR Newswire

LAKE FOREST, Ill., Nov. 13, 2020 /PRNewswire/ — Tenneco Inc. (NYSE: TEN) (“Tenneco”) today announced that it has priced its previously announced notes offering (the “Offering”) and has agreed to issue and sell $500 million aggregate principal amount of 7.875% Senior Secured Notes due 2029 (the “Notes”). The Notes will be sold to investors at par. The Offering is expected to close on November 30, 2020, subject to customary closing conditions.

The Notes will be guaranteed by each of Tenneco’s subsidiaries that guarantees its credit facility and outstanding notes.  The Notes and the subsidiary guarantees will be secured by first priority security interests in substantially all of Tenneco’s and the subsidiary guarantors’ assets, subject to certain excluded assets, exceptions and permitted liens, which security interests will rank equally with the security interests securing its credit facility and outstanding secured notes.

Tenneco intends to use the net proceeds of the Offering to redeem all of its outstanding 4.875% Senior Secured Notes due 2022 (the “2022 Notes”), including the payment of premiums, accrued and unpaid interest and expenses related to such redemption. This press release shall not constitute a notice of redemption of the 2022 Notes.

The Notes and the related guarantees have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”) or any state securities laws, and may not be offered or sold in the United States or to U.S. persons absent registration or an applicable exemption from such registration requirements. Accordingly, the Notes and the related guarantees will be offered and sold only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act and to non-U.S. persons in offshore transactions outside the United States in accordance with Regulation S under the Securities Act.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the Notes in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

About Tenneco
Tenneco is one of the world’s leading designers, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with 2019 revenues of $17.5 billion and approximately 78,000 team members working at more than 300 sites worldwide.  Through our four business groups, Motorparts, Ride Performance, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket. Visit www.tenneco.com to learn more.

Cautionary Note Regarding Forward-Looking Statements
The disclosures herein concerning the Offering and the use of net proceeds of the Offering include statements that are “forward looking” within the meaning of federal securities law. Consummation of the Offering is subject to a number of closing conditions and other factors. The forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements.

Investor inquiries

Linae Golla

847 482-5162
[email protected]

Rich Kwas
248-849-1340
[email protected]

Media inquiries

Bill Dawson

847 482-5807
[email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/tenneco-announces-pricing-of-notes-offering-301172940.html

SOURCE Tenneco Inc.

CORRECTING and REPLACING Ivory Celebrates World Kindness Day Through Initiative Aimed at Spreading Positivity

CORRECTING and REPLACING Ivory Celebrates World Kindness Day Through Initiative Aimed at Spreading Positivity

As pandemic leaves many older Americans feeling isolated, Ivory teams up with nonprofit organization Cool & Dope, to deliver care packs to seniors

CINCINNATI–(BUSINESS WIRE)–
Please replace the release with the following corrected version due to revisions in the ninth paragraph.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201113005485/en/

Ivory partnered with TV personality and mom of three, Catherine (Giudici) Lowe, and the nonprofit organization Cool & Dope's seven-year-old Chief Positivity Creator, Cavanaugh Bell, to support the elderly and make their days brighter with Ivory gentle care packs. In celebration of World Kindness Day, Ivory, known for providing a touch of love and kindness, is focused on spreading positivity with the launch of the brand’s Acts of Gentle Kindness initiative. (Photo: Business Wire)

Ivory partnered with TV personality and mom of three, Catherine (Giudici) Lowe, and the nonprofit organization Cool & Dope’s seven-year-old Chief Positivity Creator, Cavanaugh Bell, to support the elderly and make their days brighter with Ivory gentle care packs. In celebration of World Kindness Day, Ivory, known for providing a touch of love and kindness, is focused on spreading positivity with the launch of the brand’s Acts of Gentle Kindness initiative. (Photo: Business Wire)

The updated release reads:

IVORY CELEBRATES WORLD KINDNESS DAY THROUGH INITIATIVE AIMED AT SPREADING POSITIVITY

As pandemic leaves many older Americans feeling isolated, Ivory teams up with nonprofit organization Cool & Dope, to deliver care packs to seniors

This year has been especially challenging for both older Americans who have experienced isolation from family and friends due to the pandemic. In celebration of World Kindness Day, Ivory, known for providing a touch of love and kindness, is focused on spreading positivity with the launch of the brand’s Acts of Gentle Kindness initiative.

Ivory partnered with TV personality and mom of three, Catherine (Giudici) Lowe, and the nonprofit organization Cool & Dope’s seven-year-old Chief Positivity Creator, Cavanaugh Bell, to support the elderly and make their days brighter with Ivory gentle care packs.

Each Ivory gentle care pack contains an assortment of items such as Ivory Gentle Moisturizing Body Wash and Gentle Deodorant, designed to be gentle on skin through pure ingredients users will love and trust; socks and a cozy blanket to help them stay warm this winter, along with puzzles and brain games to add some fun and entertainment.

Families can create their own Ivory gentle care packs by using the following gifts for inspiration:

  • Personal care products designed to be gentle on all skin types:Ivory’s moisturizing body wash and Ivory’s gentle deodorant
  • Fun activities to help pass time: crossword or puzzle books, adult coloring books, or a deck of cards or other small games
  • Comfort items to help them feel safe and cozy:soft blanket or throw, fuzzy socks or slippers, soft towels or a robe
  • Special snacks and food for a little treat: homemade baked goods, favorite candy or snacks
  • Household supplies to help avoid extra trips to the store: toilet paper, hand soap, paper towels, cleaning supplies and sanitizers
  • Add a personal touch to fill your package with extra love and care: handwritten card or love notes, handmade gifts, artwork drawn by your children or framed photographs

With more than 54 million seniors above the age of 65 living in the U.S.1, COVID-19 has forced many of their family members to end visits to older parents and grandparents, as they are at high risk of contracting the illness. As a result, this has led older Americans to experience feelings of loneliness, which the CDC reports can be detrimental to a person’s health2.

“It’s truly amazing how a simple gesture can have such a positive impact on someone’s day,” said Catherine (Giudici) Lowe. “Seeing the smiles on the faces of the seniors we connected with and how happy it made my son, Samuel, really brought a smile to my face. I encourage parents to create an Ivory gentle care pack because it’s never too early to teach your children how to be kind to others, especially those in need.”

Catherine and Cavanaugh are encouraging families to get involved and spread kindness in their communities by creating and distributing their own care packs. With the help of Ivory, Cool & Dope can launch and maintain over 15 mobile pantries in and around Gaithersburg, MD through summer 2021, distributing additional care packs to older Americans.

“Everyone has the power to make a change and do good. That’s why I always say that anyone can have an impact – no matter their age,” said Cavanaugh Bell. “I hope moms and kids from all over the country make care packs for the senior citizens in their community so that our elderly know that they are loved.”

“This year, the world needs acts of kindness now more than ever as the pandemic has left many feeling isolated. For more than 100 years, Ivory has stood for passing down a touch of love and kindness from generation to generation. On World Kindness Day, we’re proud to create a way for young children to bring joy to older Americans living in their community,” said Freddy Bharucha, senior vice president, North America Personal Care, Procter & Gamble.

Share your Ivory gentle care packs on Instagram, Facebook or Pinterest with #IvoryKindness, and encourage your friends and family to do the same. To learn more about Ivory Acts of Gentle Kindness, visit ivory.com, and follow Ivory on Instagram @ivorysoap.

About Cool & Dope

Cool & Dope is a kid-led nonprofit, started by then six-year-old Cavanaugh Bell, who after being bullied and told that he was too young to volunteer, set out to prove to the world that anyone can have an impact. By speaking with federal, state, and local lawmakers, raising awareness about the effects of bullying, and spreading acts of kindness in his many kid-inspired community campaigns, Cavanaugh and his tribe of Positivity Creators are on a mission to end all bullying worldwide by 2030.

About Procter & Gamble

P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.

______________________

1Census.gov, “Older Population and Aging”. Accessed 13 November 2020. https://www.census.gov/topics/population/older-aging.html#:~:text=According%20to%20the%20U.S.%20Census,million%20on%20July%201%2C%202019

2Center for Disease Control, “Health Risks of Loneliness.” Accessed 13 November 2020. https://www.cdc.gov/aging/publications/features/lonely-older-adults.html#:~:text=Loneliness%20was%20associated%20with%20higher,risk%20of%20emergency%20department%20visits.

Procter & Gamble

Juwan Thompson

[email protected]

513-978-3107

Citizen Relations

Ashley Taveras

[email protected]

212-613-4961

KEYWORDS: United States North America Ohio Maryland

INDUSTRY KEYWORDS: Primary/Secondary Supermarket Infectious Diseases Education Foundation Women Seniors Cosmetics Retail Men Health Gay & Lesbian Family Consumer Home Goods Philanthropy Discount/Variety Public Relations/Investor Relations Parenting Children TV and Radio Communications General Entertainment Celebrity Entertainment Social Media General Health Other Philanthropy

MEDIA:

Photo
Photo
Ivory partnered with TV personality and mom of three, Catherine (Giudici) Lowe, and the nonprofit organization Cool & Dope’s seven-year-old Chief Positivity Creator, Cavanaugh Bell, to support the elderly and make their days brighter with Ivory gentle care packs. In celebration of World Kindness Day, Ivory, known for providing a touch of love and kindness, is focused on spreading positivity with the launch of the brand’s Acts of Gentle Kindness initiative. (Photo: Business Wire)
Photo
Photo
Ivory partnered with TV personality and mom of three, Catherine (Giudici) Lowe, and the nonprofit organization Cool & Dope’s seven-year-old Chief Positivity Creator, Cavanaugh Bell, to support the elderly and make their days brighter with Ivory gentle care packs. In celebration of World Kindness Day, Ivory, known for providing a touch of love and kindness, is focused on spreading positivity with the launch of the brand’s Acts of Gentle Kindness initiative. (Photo: Business Wire)
Logo
Logo
Photo
Photo
Ivory partnered with TV personality and mom of three, Catherine (Giudici) Lowe, and the nonprofit organization Cool & Dope’s seven-year-old Chief Positivity Creator, Cavanaugh Bell, to support the elderly and make their days brighter with Ivory gentle care packs. In celebration of World Kindness Day, Ivory, known for providing a touch of love and kindness, is focused on spreading positivity with the launch of the brand’s Acts of Gentle Kindness initiative. (Photo: Business Wire)

Malaga Financial Corporation Announces Special Year End 2020 Stock Dividend in Addition to First Quarter 2021 Cash Dividend

PALOS VERDES ESTATES, Calif., Nov. 13, 2020 (GLOBE NEWSWIRE) — Malaga Financial Corporation(OTCPink:MLGF). Malaga Financial Corporation announced today that its Board of Directors had declared a special 5% stock dividend on the company’s common stock outstanding, payable on or about December 29, 2020 to shareholders of record at the close of business on December 14, 2020. The dividend will be issued in the form of additional shares of common stock. Cash will be issued in lieu of fractional shares. Additionally, a quarterly cash dividend of 25 cents was declared payable to shareholders of record at the close of business on December 14, 2020 to be paid on or about January 4, 2021. Randy C. Bowers, President and CEO, remarked, “We are pleased to declare a special year-end stock dividend in addition to our 66th consecutive quarterly dividend. This will result in total cash dividends paid in 2020 of $1.00 per share for a 4.18% annual yield based on a closing share price of $23.90 on November 12, 2020 in addition to the special stock dividend. This is the 9th consecutive year that we have declared a special year-end dividend along with the quarterly cash dividend.”

Malaga Bank, a subsidiary of Malaga Financial Corporation, is a full-service community bank headquartered on the Palos Verdes Peninsula with six offices located in the South Bay area of Los Angeles. Malaga Bank has been named by DepositAccounts.com as one of the Top 200 Healthiest Banks out of the 5,035 banks analyzed across the United States. A more detailed breakdown of Malaga Bank’s A+ health score may be found in the health section of its dedicated page at www.depositaccounts.com/banks/malaga-bank-fsb.html#health. For over ten years Malaga Bank has been consistently recommended by one of the nation’s leading independent bank rating and research firms, Bauer Financial Inc. Malaga Bank was awarded their premier Top 5-Star rating for the 50th consecutive quarter in June 2020. Since 1985, Malaga Bank has been delivering competitive banking services to residents and businesses of the South Bay, including real estate loan products custom-tailored to consumers and investors. As the largest community bank in the South Bay, Malaga is proud of its continuing tradition of relationship-based banking and legendary customer service. The Bank’s web site is located at www.malagabank.com.

Contact: Randy Bowers
  Chairman of the Board, President and Chief Executive Officer
  Malaga Financial Corporation
  (310) 375-9000
  [email protected]



Climate Change Crisis Real Impact I Acquisition Corporation Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing November 20, 2020

Climate Change Crisis Real Impact I Acquisition Corporation Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing November 20, 2020

PRINCETON, N.J.–(BUSINESS WIRE)–
Climate Change Crisis Real Impact I Acquisition Corporation (the “Company”) announced today that, commencing November 20, 2020, holders of the units sold in the Company’s initial public offering may elect to separately trade shares of the Company’s Class A common stock (“Class A Common Stock”) and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The shares of Class A common stock and warrants that are separated will trade on the New York Stock Exchange under the symbols “CLII” and “CLII WS,” respectively. Those units not separated will continue to trade on the New York Stock Exchange under the symbol “CLII.U.” Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the Units into shares of Class A Common Stock and Warrants.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Climate Change Crisis Real Impact I Acquisition Corporation

Climate Change Crisis Real Impact I Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any business or industry, it intends to target climate change-fighting sectors.

Forward-Looking Statements

This press release may include, and oral statements made from time to time by representatives of the Company may include, “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to the Company or its management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Securities and Exchange Commission (“SEC”). All subsequent written or oral forward-looking statements attributable to the Company or persons acting on its behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement for the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Dan Gross

Head of Transaction Execution

Climate Change Crisis Real Impact I Acquisition Corporation

212-847-0360

[email protected]

KEYWORDS: United States North America New Jersey

INDUSTRY KEYWORDS: Finance Alternative Energy Energy Environment Professional Services

MEDIA:

IIROC Trading Resumption – SXL

Canada NewsWire

VANCOUVER, BC, Nov. 13, 2020 /CNW/ – Trading resumes in:

Company: SLAM Exploration Ltd.

TSX-Venture Symbol: SXL

All Issues: Yes

Resumption (ET): 2:30 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Clean Energy Frontier Region to lead Canada’s next generation of nuclear technology

TIVERTON, ON, Nov. 13, 2020 (GLOBE NEWSWIRE) — Today’s announcement from the Province of Ontario outlining an ongoing commitment to nuclear power – including development of new nuclear technologies – continues to expand the range of future opportunities for the Bruce Power site and aligns with the company’s strategy to contribute to a Net Zero Canada by 2050. 

The Clean Energy Frontier Region, including Bruce, Grey and Huron counties, is home to Bruce Power, more than 60 nuclear companies, Ontario’s Nuclear Innovation Institute (NII) and key electricity transmission lines that are connected to the fastest growing parts of the province, all bolstered by strong community support.

“Our Life-Extension Program is a fundamental contributor to providing Ontario’s residents and businesses with clean, affordable electricity and life-saving medical isotopes for the long term, which includes advancing new technologies that leverage our current infrastructure,” said Mike Rencheck, Bruce Power’s President and CEO. “We have established a capability in this region that will allow us to be home to new technologies including small modular reactors (SMRs), and hydrogen production.” 

Along with New Brunswick Power, SaskPower and Ontario Power Generation, Bruce Power has been moving forward on developing a strategy for the use of SMRs since the Ontario, New Brunswick and Saskatchewan provincial governments signed a Memorandum of Understanding last year. The MOU will put in place a framework for action on the deployment of SMRs in their respective jurisdictions. Bruce Power will continue to play a part in this important work and is supportive of the work being advanced by OPG, SaskPower and NB Power in the regions they operate.

“Bruce Power has been and continues to be at the forefront of innovation while providing reliable, affordable energy to Ontario consumers,” said Bill Walker, Associate Minister of Energy, and MPP, Bruce-Grey-Owen Sound.  “Our government supports the development of small modular reactors in Ontario and supports the efforts of Bruce Power in its pursuit of next generation nuclear technologies to power a clean and prosperous future for our province and beyond. 

“This has the potential to build on the life extension project underway at Bruce Power with a host community and champion that will bring these technologies forward in the years to come.” 

In order to advance this future opportunity, the Bruce Power Centre for Next Generation Nuclear was launched in August with Ontario Premier Doug Ford, Saskatchewan Premier Scott Moe and Greg Rickford, Ontario’s Minister of Energy, Northern Development and Mines, and Minister of Indigenous Affairs, to explore paths to develop innovative energy sources such as SMRs and hydrogen power.

“Our government, alongside our provincial and industry partners, is leading the charge on SMR deployment in Canada,” said Rickford. “We are leveraging our nuclear expertise and bringing our made-in-Ontario technology to the forefront to lead the world in the next generation of nuclear innovation.” 

The announcement by the province aligns with Bruce Power’s Net Zero 2050 strategy, launched in October which will see the Bruce Power Centre for Next Generation Nuclear at the Nuclear Innovation Institute carry out the following activities in 2021 to expand opportunities for the region. 

These include: 

  • A study into the next 50 years of the Bruce Power site – as the world’s largest operating nuclear facility, expanded transmission capability with assets that can be optimized, enhanced, leveraged and life extended, Bruce Power can have a profound impact on Canada’s clean energy future.
  • Examining the role of new nuclear and fusion energy technology as part of a clean energy future alongside existing Bruce Power nuclear production. This will include grid-scale SMRs with Ontario-based Terrestrial Energy and micro reactors.
  • A Hydrogen Unity Project. At a time when there are divisions in Canada on energy issues, we need solutions for all provinces. The Centre will evaluate mass production of hydrogen using nuclear technology and opportunities for alignment with the oil and gas, transportation and electricity generation sectors. This work will explore economic benefits and regional opportunities for greenhouse gas reduction.
  • The COVID-19 pandemic has changed the world, placing greater importance on global human health along with retooling and economic recovery need to be integrated with achieving net zero. The Bruce Power Retooling and Economic Recovery Council will launch a Panel Review to determine opportunities for enhancing global health through medical isotopes, leveraging the nuclear supply chain to be self-sufficient with PPE and further opportunities to expand sterilization using Cobalt-60.

“I’m proud Huron-Bruce is home to the world’s largest nuclear facility and Canada’s largest private-sector infrastructure project,” said Huron-Bruce MPP Lisa Thompson, also the Minister of Government and Consumer Services. “We have the opportunity to build on the infrastructure and expertise at the Bruce Power site to become home to these new technologies, and will truly be Canada’s Clean Energy Frontier for decades to come.” 

The Grey, Bruce, Huron region is well-positioned to advance these initiatives and has developed a program called the Clean Energy Frontier program which was launched recently by the Nuclear Innovation Institute with funding from Bruce Power and Bruce County.

“Today’s announcement from Bruce Power is yet another example of the positive role our region continues to play in developing new and innovative clean energy technologies,” said Bruce County Warden Mitch Twolan. “Bruce County welcomes this announcement and we look forward to advancing SMR technologies right here in Ontario’s Clean Energy Frontier.” 

“The innovative work taking place at Bruce Power is having a positive impact on communities in Huron County,” said Jim Ginn, Warden of Huron County. “We commend Bruce Power, the Nuclear Innovation Institute and Terrestrial Energy for collaborating on this important project and look forward to its future success.”

“Grey County is pleased to see Bruce Power’s continued to commitment to advancing cutting-edge, innovative, and made-in-Ontario clean energy technology. This project, yet again, showcases the ingenuity and innovative spirit that exists right here in our region,” said Paul McQueen, Warden of Grey County.

Background

What is an SMR?

SMRs are nuclear reactors that will produce 300 megawatts (MW) of electricity or less. Much smaller than traditional nuclear power plants, their modular design allows for deployment in small grids, remote off-grid communities, and as an energy source for resource projects. In addition to an agreement that was reached to explore applications micro reactors within Canada, Terrestrial Energy has announced they have joined the Centre for Next Generation Nuclear to support grid scale application of their SMR technology.

What is Canada’s Clean Energy Frontier Program?

The Clean Energy Frontier Program (CEFP) demonstrates the critical role of the tri-county region of Bruce, Grey and Huron in achieving a net-zero economy and clean energy future for Ontario and across Canada. The region has what the rest of Ontario needs: clean energy technologies – starting with nuclear power – and the skills and expertise around new energy sources that can lead the transition to a robust, net-zero economy.

What is the Bruce Power Centre for Next Generation Nuclear Technology?

Bruce Power Centre for Next Generation Nuclear forges a deeper understanding of the role of nuclear power in developing new energy technologies that can help carve Canada’s path to a net-zero economy. The Centre examines the market and technology challenges facing energy sources such as hydrogen and new nuclear technologies such as small modular reactors and fusion energy. The Centre will also explore opportunities for Bruce Power assets to be optimized and leveraged to maximize the impact they’ll have on Canada’s clean energy future.

 

About Bruce Power

Formed in 2001, Bruce Power is an electricity company based in Bruce County, Ontario. We are powered by our people. Our 4,200 employees are the foundation of our accomplishments and are proud of the role they play in safely delivering clean, reliable, low-cost nuclear power to families and businesses across the province. Bruce Power has worked hard to build strong roots in Ontario and is committed to protecting the environment and supporting the communities in which we live. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube.



John Peevers
Bruce Power
5193863799
[email protected]

Meeting of the Supervisory Board of Unibail-Rodamco-Westfield (URW) on November 13, 2020

Paris, Amsterdam, November 13, 2020

Press release


Meeting of the Supervisory Board of Unibail-Rodamco-Westfield (URW) on November 13, 2020

The Supervisory Board of Unibail-Rodamco-Westfield (URW) met today in the presence of the three new directors elected at the Group’s Combined General Meeting of November 10, 2020 (Mr Léon Bressler, Ms Susana Gallardo and Mr Xavier Niel).

At this meeting, the Supervisory Board took note of the resignation of the Chairman of the Board, Mr Colin Dyer, who remains a member of the Board. The Board also takes note of the resignation of Mr Jacques Stern, Vice-Chairman, and of Mr Philippe Collombel, Mrs Sophie Stabile and Mrs Jacqueline Tammenoms Bakker.

The Supervisory Board appointed Mr Léon Bressler as Chairman with immediate effect. Mrs Susana Gallardo becomes member of the Governance and Nomination Committee. Mr Xavier Niel becomes member of the Remuneration Committee.

The Supervisory Board wishes to express its gratitude to Mr Colin Dyer for the work accomplished during his term of office as Chairman since April 25, 2017.

The Board thanks Mr Jacques Stern for his work on the Supervisory Board since April 21, 2016. He was Vice-Chairman of the Supervisory Board since May 15, 2020, and a member of the Audit Committee, which he had chaired since June 7, 2018. The Board also thanks Philippe Collombel, Sophie Stabile and Jacqueline Tammenoms Bakker.

For further information, please contact:

Investor Relations 

Samuel Warwood
Maarten Otte 
+33 1 76 77 58 02 
[email protected]

Media Relations

Céline van Steenbrugghe
+33 6 71 89 73 08
[email protected]

About Unibail-Rodamco-Westfield

Unibail-Rodamco-Westfield is the premier global developer and operator of Flagship Destinations, with a portfolio valued at €58.3 Bn as at September 30, 2020, of which 86% in retail, 7% in offices, 5% in convention & exhibition venues and 2% in services. Currently, the Group owns and operates 89 shopping centres, including 55 Flagships in the most dynamic cities in Europe and the United States. Its centres welcome 1.2 billion visits per year. Present on two continents and in 12 countries, Unibail-Rodamco-Westfield provides a unique platform for retailers and brand events and offers an exceptional and constantly renewed experience for customers.
With the support of its 3,400 professionals and an unparalleled track-record and know-how, Unibail-Rodamco-Westfield is ideally positioned to generate superior value and develop world-class projects.
Unibail-Rodamco-Westfield distinguishes itself by its Better Places 2030 agenda, that sets its ambition to create better places that respect the highest environmental standards and contribute to better cities.
Unibail-Rodamco-Westfield stapled shares are listed on Euronext Amsterdam and Euronext Paris (Euronext ticker: URW), with a secondary listing in Australia through Chess Depositary Interests. The Group benefits from an BBB+ rating from Standard & Poor’s and from a Baa1 rating from Moody’s.

For more information, please visit www.urw.com
Visit our Media Library at https://mediacentre.urw.com
Follow the Group updates on Twitter @urw_group, Linkedin @Unibail-Rodamco-Westfield and Instagram @urw_group

Attachment



Chemtrade Logistics Income Fund Completes Redemption of Outstanding 5.25% Convertible Unsecured Subordinated Debentures Due June 30, 2021

Chemtrade Logistics Income Fund Completes Redemption of Outstanding 5.25% Convertible Unsecured Subordinated Debentures Due June 30, 2021

Not for distribution to U.S. news wire services or dissemination in the United States.

TORONTO–(BUSINESS WIRE)–
Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade” or the “Fund”) announced today that it has completed the redemption of the remaining $14.0 million of its outstanding 5.25% convertible unsecured subordinated debentures due June 30, 2021 (the “2021 Debentures”). The Fund previously redeemed $100.0 million of its 2021 Debentures on September 29, 2020 and $12.5 million of its 2021 Debentures on October 5, 2020. After this redemption this series of debentures has been fully redeemed.

As part of the redemption, holders of the 2021 Debentures received approximately $1,019.5082 for each $1,000 principal amount of 2021 Debentures, being equal to $1,000, plus all accrued and unpaid interest thereon to but excluding the redemption date. The 2021 Debentures (TSX: CHE.DB.B) will be de-listed from the Toronto Stock Exchange at the close of trading today.

About Chemtrade

Chemtrade operates a diversified business providing industrial chemicals and services to customers in North America and around the world. Chemtrade is one of North America’s largest suppliers of sulphuric acid, spent acid processing services, inorganic coagulants for water treatment, sodium chlorate, sodium nitrite, sodium hydrosulphite, and phosphorus pentasulphide. Chemtrade is a leading regional supplier of sulphur, chlor-alkali products, liquid sulphur dioxide, potassium chloride, and zinc oxide. Additionally, Chemtrade provides industrial services such as processing by-products and waste streams.

Caution Regarding Forward-Looking Statements

Certain statements contained in this news release may constitute forward-looking information within the meaning of certain securities laws, including the Securities Act (Ontario). Forward-looking information can be generally identified by the use of words such as “anticipate”, “continue”, “estimate”, “expect”, “expected”, “intend”, “may”, “will”, “project”, “plan”, “should”, “believe” and similar expressions. Forward-looking statements in this news release describe the expectations of the Fund and its subsidiaries as of the date hereof.

These statements are based on assumptions and involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements for a variety of reasons, including without limitation the risks and uncertainties detailed under the “Risk Factors” section of the Fund’s latest Annual Information Form and the “Risks and Uncertainties” section of the Fund’s most recent Management’s Discussion & Analysis.

Although the Fund believes the expectations reflected in these forward-looking statements and the assumptions upon which they are based are reasonable, no assurance can be given that actual results will be consistent with such forward-looking statements, and they should not be unduly relied upon. With respect to the forward-looking statements contained in this news release, the Fund has made assumptions regarding: the timing and completion of the Redemption; there being no significant disruptions affecting the operations of the Fund and its subsidiaries, whether due to labour disruptions, supply disruptions, power disruptions, transportation disruptions, damage to equipment or otherwise; the timely receipt of required regulatory approvals; and global economic performance.

Except as required by law, the Fund does not undertake to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason. The forward-looking information contained herein are expressly qualified in their entirety by this cautionary statement.

Further information can be found in the disclosure documents filed by the Fund with the securities regulatory authorities, available at www.sedar.com.

Mark Davis

President & Chief Executive Officer

Tel: (416) 496-4176

Rohit Bhardwaj

Vice-President, Finance & Chief Financial Officer

Tel: (416) 496-4177

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Chemicals/Plastics Manufacturing

MEDIA:

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