Aurora Mobile Partners with Taikang Life Insurance to Strengthen Smart Insurance Solutions with AI Technologies

SHENZHEN, China, Dec. 24, 2020 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading mobile developer service provider in China, today announced that it has entered into a partnership agreement with Taikang Life Insurance Co., Ltd. (“Taikang Life Insurance”). By leveraging Aurora Mobile’s industry-leading push notification services and intelligent operational analysis capabilities, along with Taikang Life Insurance’s competitive advantages in the insurance industry, the two parties will further explore growth opportunities in the field of smart insurance, drive greater adoption of artificial intelligence (“AI”) and support overall digitalization of the insurance industry.

Taikang Life Insurance is a subsidiary of Taikang Insurance Group Co., Ltd. (“Taikang Insurance Group”), which was established in 1996. Taikang Insurance Group is committed to becoming the world’s leading financial and insurance service group, mainly focusing on the healthcare industry. With a “professional, market-oriented and standardized” approach, Taikang Insurance Group has been focusing intensively on the life insurance industrial chain and aims to adopt a “Four-in-One” business model to integrate “vibrant elderly care, high-end medical services, excellent wealth management and superior hospice care”. To date, Taikang Insurance Group has over RMB2 trillion of assets under management and RMB448 billion of retirement pensions, over 4,000 insurance branches and sub-branches and 800,000 employees and agents, and has served 329 million individual customers and over 420,000 enterprise customers accumulatively. Taikang Insurance Group has been listed on the Fortune Global 500 list for three consecutive years, ranking No. 4 in China’s top 10 life insurance companies.

Through the partnership, Aurora Mobile will use its AI-driven targeted push notification services and powerful machine learning-based operational analysis capabilities to support Taikang Life Insurance to gain comprehensive insights into user needs, conduct real-time decision making and drive sustainable business growth. This cooperation demonstrates the industry-wide acclaim and trust that Aurora Mobile commands for the robust technical capabilities and services it offers to leading Internet insurance platforms.

Aurora Mobile is a leading mobile developer service provider in China. In almost a decade, Aurora Mobile has launched a series of products catering to mobile developers’ needs and helped them to improve operational efficiency, drive business growth and monetization, covering various sectors including e-commerce, education, financial services, short-form video streaming, social network and gaming. As of September 2020, Aurora Mobile had provided software development kits to over 1.65 million APPs. In addition, Aurora Mobile recently launched a Video as a Service solution (“JG VaaS”) to tap into the RMB50 billion market in China. JG VaaS enables mobile app developers to provide relevant user-friendly short video content in their apps, therefore improving user experience, increasing user engagement and stickiness, and enhancing monetization capability.

About Aurora Mobile Limited

Founded in 2011, Aurora Mobile is a leading mobile developer service provider in China. Aurora Mobile is committed to providing efficient and stable push notification, one-click verification, and APP traffic monetization services to help developers improve operational efficiency, grow and monetize. Meanwhile, Aurora Mobile’s vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence, empowering various industries to improve productivity and optimize decision-making.

Safe Harbor Statement 
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SaaS-model; its ability maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

For general inquiry, please contact:

Aurora Mobile Limited

E-mail: [email protected]

Christensen

In China

Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: [email protected]

In US

Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: [email protected]



Sinch AB (publ): Sinch receives regulatory approval for acquisition of Wavy

Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCH

Sinch AB (publ), a global leader in cloud communications for mobile customer engagement, today announces that it has been granted regulatory approval for the acquisition of Wavy from the Superintendence-General of CADE, Conselho Administrativo de Defesa Econômica, which is the competition authority in Brazil.

Closing of the transaction can take place after a 15-day waiting period and final confirmation from CADE. Closing is hence expected to take place in early 2021. 

Sinch announced the acquisition of Wavy on 26 March, 2020. The acquisition is financed through a combination of cash and debt facilities. Upon closing, Sinch pays Movile a cash consideration of BRL 355 million and 1,534,582 new Sinch shares, issued through an issue in-kind, and welcomes Brazil-based Movile as a new key shareholder. This implies that the number of shares in Sinch rises to 64,708,252, which is an increase of around 2.4 percent.

Sinch has a financial target to maintain net debt/adjusted EBITDA below 2.5x over time. In anticipation of upcoming transactions, Sinch had a net cash position in Q3 2020 with net debt/adjusted EBITDA of -1.2x. The acquisition of SAP Digital Interconnect (SDI) closed on November 1, and on 30 November, Sinch completed a directed new share issue of 3,187,736 shares. On a pro forma basis, Net debt/Adjusted EBITDA would have been -1.3x at the end of Q3 2020 if the acquisitions of SDI and Wavy and the directed new share issue had been completed already at this point. This calculation of pro forma Net debt/Adjusted EBITDA includes Adjusted EBITDA in acquired entities over the past 12 months.

For further information, please contact

Thomas Heath
Chief Strategy Officer and Head of Investor Relations
Sinch AB (publ)
Mobile: +46-722-45 50 55
E-mail: [email protected]

About Sinch

Sinch brings businesses and people closer with tools enabling personal engagement. Its leading cloud communications platform lets businesses reach every mobile phone on the planet, in seconds or less, through mobile messaging, voice and video. Sinch is a trusted software provider to mobile operators, and its platform powers business-critical communications for many of the world’s largest companies. Sinch has been profitable and fast-growing since its foundation in 2008. It is headquartered in Stockholm, Sweden, and has local presence in more than 40 countries. Shares are traded at NASDAQ Stockholm: XSTO:SINCH. Visit us at sinch.com.

This information is information that Sinch AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 09:30 CET on December 24, 2020.

Attachment



Announcement from Alibaba Group

Announcement from Alibaba Group

HANGZHOU, China–(BUSINESS WIRE)–
Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, the “Company”) announced that today it received a notice of investigation (the “Notice”) from the State Administration for Market Regulation of the People’s Republic of China (the “SAMR”). The Notice states that the SAMR has commenced an investigation pursuant to the Anti-Monopoly Law of the People’s Republic of China. We will actively cooperate with the SAMR’s investigation. The Company’s business operations remain normal.

About Alibaba Group

Alibaba Group’s mission is to make it easy to do business anywhere. The company aims to build the future infrastructure of commerce. It envisions that its customers will meet, work and live at Alibaba, and that it will be a good company that lasts for 102 years.

Investor Contact

Rob Lin

Investor Relations

Alibaba Group Holding Limited

[email protected]

KEYWORDS: China Asia Pacific

INDUSTRY KEYWORDS: Online Retail Data Management Retail Technology Software Networks Internet

MEDIA:

Logo
Logo

Falcon Oil & Gas Ltd. – Operational Update – Kyalla 117 N2-1H ST2

Falcon Oil & Gas Ltd.

(“Falcon”)


Operational Update – Kyalla 117 N2-1H ST2

24 December 2020 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) provides an update on exploration activity with respect to Kyalla 117 N2-1H ST2 well (“Kyalla 117”) in the Beetaloo Sub-basin, Northern Territory, Australia.

As announced on 10 December 2020, the JV decided to execute operations without delay to re-enter Kyalla 117 with coiled tubing and apply nitrogen lift to lower the pressure in the wellbore and to assist with achieving and sustaining gas breakthrough. If successful, this would allow extended production testing to commence.

The coiled tubing unit and all necessary consumables have arrived at the wellsite and the rigging up of the equipment is in progress. Nitrogen lift operations are expected to commence in the next few days.

Further updates will be provided to the market as appropriate.

Philip O’Quigley (CEO of Falcon) commented:

“We look forward to updating the market as information from operations becomes available”  

Ends.

CONTACT DETAILS:

Falcon Oil & Gas Ltd.           +353 1 676 8702
Philip O’Quigley, CEO +353 87 814 7042
Anne Flynn, CFO +353 1 676 9162
 
Cenkos Securities plc (NOMAD & Broker)  
Neil McDonald / Derrick Lee +44 131 220 9771

This announcement has been reviewed by Dr. Gábor Bada, Falcon Oil & Gas Ltd’s Head of Technical Operations. Dr. Bada obtained his geology degree at the Eötvös L. University in Budapest, Hungary and his PhD at the Vrije Universiteit Amsterdam, the Netherlands. He is a member of AAPG.

About Falcon Oil & Gas Ltd.

Falcon Oil & Gas Ltd is an international oil & gas company engaged in the exploration and development of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary. Falcon Oil & Gas Ltd is incorporated in British Columbia, Canada and headquartered in Dublin, Ireland with a technical team based in Budapest, Hungary.

Falcon Oil & Gas Australia Limited is a c. 98% subsidiary of Falcon Oil & Gas Ltd.  Falcon Oil & Gas Australia Limited and a wholly-owned subsidiary of Origin Energy Limited (ASX: ORG) (“Origin Energy”) are joint venture partners in respect of the Beetaloo project.

For further information on Falcon Oil & Gas Ltd. please visit www.falconoilandgas.com

About Origin Energy

Origin Energy is a leading Australian integrated energy company. Origin is a leading energy retailer with approximately 4.2 million customer accounts, has approximately 7,500 MW of owner and contracted power generation capacity and is also a large natural gas supplier. Origin is the upstream operator of Australia Pacific LNG, which supplies natural gas to domestic markets and exports LNG under long term contracts.

www.originenergy.com.au

Glossary of terms

JV                          Joint venture between Falcon Oil & Gas Australia Limited and a wholly-owned subsidiary of Origin Energy Limited (ASX: ORG)
MW                        Megawatt

Advisory regarding forward looking statements

Certain information in this press release may constitute forward-looking information. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking information. Forward-looking information typically contains statements with words such as “may”, “will”, “should”, “expect”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “projects”, “dependent”, “potential”, “scheduled”, “forecast”, “outlook”, “budget”, “hope”, “support” or the negative of those terms or similar words suggesting future outcomes.  In particular, forward-looking information in this press release includes, but is not limited to, comments made with respect to the type, number, schedule, stimulating, testing and objectives of the wells to be drilled in the Beetaloo Sub-basin Australia, plans to re-enter Kyalla 117 with coiled tubing and apply nitrogen lift techniques and the likelihood of such operations being successful, the prospectivity of the Middle Velkerri and Kyalla plays and the prospect of the exploration programme being brought to commerciality. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. The risks, assumptions and other factors that could influence actual results include risks associated with fluctuations in market prices for shale gas; risks related to the exploration, development and production of shale gas reserves; general economic, market and business conditions; substantial capital requirements; uncertainties inherent in estimating quantities of reserves and resources; extent of, and cost of compliance with, government laws and regulations and the effect of changes in such laws and regulations; the need to obtain regulatory approvals before development commences; environmental risks and hazards and the cost of compliance with environmental regulations; aboriginal claims; risks and uncertainties associated with wellbore or reservoir conditions; inherent risks and hazards with operations such as mechanical or pipe failure, cratering and other dangerous conditions; potential cost overruns, drilling wells is speculative, often involving significant costs that may be more than estimated and may not result in any discoveries; variations in foreign exchange rates; competition for capital, equipment, new leases, pipeline capacity and skilled personnel; the failure of the holder of licenses, leases and permits to meet requirements of such; changes in royalty regimes; failure to accurately estimate abandonment and reclamation costs; inaccurate estimates and assumptions by management and their joint venture partners; effectiveness of internal controls; the potential lack of available drilling equipment; failure to obtain or keep key personnel; title deficiencies; geo-political risks; and risk of litigation.

Readers are cautioned that the foregoing list of important factors is not exhaustive and that these factors and risks are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements.  Falcon assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Falcon. Additional information identifying risks and uncertainties is contained in Falcon’s filings with the Canadian securities regulators, which filings are available at www.sedar.com, including under “Risk Factors” in the Annual Information Form.

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



TransGlobe Energy Corporation Announces Director/PDMR Shareholdings

AIM & TSX:  “TGL” & NASDAQ:  “TGA”

CALGARY, Alberta, Dec. 24, 2020 (GLOBE NEWSWIRE) — TransGlobe Energy Corporation (“TransGlobe” or the “Company”) announces that it was notified on December 22, 2020 that Steven Sinclair acquired common shares as follows.

 PDMR Date of
Acquisition
  Number of
Common Shares
Acquired
  Price   Number of Common
Shares held following
the transaction
  % of Company’s
issued share
capital held
 
 Steven Sinclair December 22, 2020   25,000   CAD $1.1374   75,000   0.103%  

Notification of a Transaction pursuant to Article 19(3) of Regulation (EU) No. 596/2014

1   Details of PDMR      
a)   Name Steven Sinclair
2   Reason for the notification  
a)   Position / status Non-Executive Director
b)   Initial notification / amendment Initial notification
3   Details of the issuer  
a)   Name TransGlobe Energy Corporation
b)   Legal Entity Identifier 549300QMNS6BDY8UUB03
4   Details of the transaction(s)  
a)   Description of the financial instrument Common Shares
b)   Identification code ISIN for TransGlobe Energy Corporation Ordinary
Shares: CA8936621066
c)   Nature of the transaction Acquisition of Shares
d)   Price(s) and volume(s) Price ($CAD)   Volume
      $1.1374   25,000
e)   Aggregated information –  
    Aggregated volume – 25,000 common shares
    Aggregated price $1.1374 CAD per share
f)   Date of the transaction December 22, 2020
g)   Place of the transaction TSX

About TransGlobe

TransGlobe Energy Corporation is a cash flow focused oil and gas exploration and development company whose current activities are concentrated in the Arab Republic of Egypt and Canada. TransGlobe’s common shares trade on the Toronto Stock Exchange and the AIM market of the London Stock Exchange under the symbol TGL and on the NASDAQ Exchange under the symbol TGA.

For Further information, please contact:

TransGlobe Energy Corporation

Randy Neely, President and CEO
Eddie Ok, CFO
+1 403 264 9888
[email protected]
http://www.trans-globe.com
or via Tailwind Associates or
FTI Consulting
   
Tailwind Associates (Investor Relations)

Darren Engels
+1 403 618 8035
[email protected]
http://www.tailwindassociates.ca
   
FTI Consulting (Financial PR)

Ben Brewerton
Genevieve Ryan
+44(0) 20 3727 1000
[email protected]
   
Canaccord Genuity (Nomad & Joint-Broker)

Henry Fitzgerald-O’Connor
James Asensio
+44(0) 20 7523 8000
   
Shore Capital (Joint Broker)

Jerry Keen
Toby Gibbs
+44(0) 20 7408 409



VPN.com Announces University.com Sold for $1.11 Million to Tsunami VR in 2020

ATLANTA and SAN DIEGO and VANCOUVER, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) — University.com was sold to Tsunami VR, Inc. for $1,111,555 on March 7, 2020. Tsunami VR is a subsidiary of Tsunami XR, Inc., a California technology company that has raised over $30,700,000 and has prior investments in premium exact-match domain names. Tsunami, which is led by CEO Alex Hern, has a mission that specializes in creating collaboration systems for companies requiring complex proficiency in the aerospace, aviation and general manufacturing industries. Their technology features augmented reality (AR) and virtual reality (VR) to create an immersive learning solution accessible from anywhere in the world.

“This year has been a difficult time for a lot of businesses. University, as a word, has tremendous value to any investor like Tsunami and a brand wanting to train professionals across the world. These types of domain deals will inspire more visionaries as commerce continues to shift online. Sharjil Saleem, our VP of Domains, and I hope they find great success with their vision at Tsunami VR,” commented Michael Gargiulo, CEO at VPN.com.

The transaction was recently disclosed and conducted through a Domain Holding Service with a term ending October 22, 2021. In addition to the Purchase and Sale Agreement, the seller retained a promissory note from the buyer. According to DomainIQ 2020 data, the DNS and hosting IP address for University.com changed just prior to March 31, 2020.

“With COVID-19, the #1 most expensive published domain deal of 2020 was a challenging deal to put together. With the help of some incredible brokers, I knew we were in good hands for navigating this year. We want to see this domain and Alex’s future investments succeed at the highest levels,” commented Syed Hussaini, the seller of University.com.

More about Tsunami VR: Started in 2011, the company provides state of the art virtual content solutions for the enterprise market. Clients of Tsunami VR include top global companies in nearly every industry sector. Tsunami is also led by other successful Silicon Valley executives Naresh Soni, Nadia Najor, Rip Leonard and CFO Mike Shambach. For 25 years, Founder Alex Hern has incubated and scaled early-stage ventures into multi-million dollar technology companies. In 1998, he co-founded YesMail.com, an email marketing business that was acquired by CMGI (now ModusLink Global Solutions) for $650 million. Hern is also the co-founder of Arcsight, a cybersecurity firm that was sold to Hewlett Packard for $1.5 billion in 2010. For customer, media, and interview inquiries, please email: [email protected] or visit: https://www.tsunamixr.com/

More About Syed Hussaini: Syed is a long time digital marketer who believes in the value domains offer the brightest visionaries. After acquiring his first premium domain in 2003, he began to understand the exponential value a powerful URL like University.com offers. His portfolio of other premium domains for sale includes: Opening.com, Lefty.com, Senegal.com and other one-word dictionary domains. For customer, media, and interview inquiries, please email: [email protected]

More About VPN.com/Domains: Started from an idea in 2007, VPN.com has helped countless entrepreneurs, brands, celebrities, and investors protect themselves online. With an exclusive understanding of luxury exact-match domains and an end-user of a premium domain, VPN.com defines itself on the $1 million category-defining domain name it operates within the $100 billion VPN market, showing other visionaries what is possible. If you need expert domain name negotiators and brokerage assistance, VPN.com could be your domain broker today at: vpn.com/domains Other names currently for sale by VPN.com include: Colab.com, Covd.com, Ninja.com, and Celebration.com. For customer, media, and interview inquiries, please email: [email protected] or visit: https://www.vpn.com/press  



Tara Subkoff teams up with Sisters, Martha Plimpton and Sorel Carradine for Hilarious Holiday Video

NEW YORK, Dec. 23, 2020 (GLOBE NEWSWIRE) — Twenty years after its inception, Imitation of Christ made its long-awaited return to the fashion world – and in an unprecedented one at that. In September of 2020 founder, Tara Subkoff decided to return to NYFW with a guerilla screening of her SS21 Collection in the streets of NYC. Staying true to the brand’s upcycling roots – the brand partnered with leading luxury consignment platform, The RealReal, to take existing garments and repurpose them creating pieces that are completely their own.

With 2020 being quite the year, Tara Subkoff, teamed with sisters Martha Plimpton and Sorel Carradine, gathered a small crew to brave the LA lockdown to create a fun piece for the holidays titled, TOGETHERNESS. Her Christmas card to you! To coincide with the debut of the film, Imitation of Christ has a small holiday collection up on The RealReal site that is available for purchase HERE. In the film, we are taken on a workout journey with Sorel as she chants “Imitation of Christ” while she works out in front of some of LA’s most festive scenery while wearing an Imitation of Christ holiday tracksuit.

Going meta, the IOC film plays on this year’s interruption of content. As we are always viewing content on our phones and having advertising pop up interrupting what we are seeing, we thought we would just include our own within the film! -says Subkoff.


Video Credits Linked Here



Video Here

ABOUT THE VIDEO FROM TARA SUBKOFF:

Tara Subkoff met Sorel years ago after taking a group Pilates class, where a professional relationship grew into a friendship. She has been the best teacher I’ve ever had and the most dynamic. -says Subkoff

Being a talented actress and comedian, and happens to be Martha Plimpton‘s sister, Subkoff asked Carradine “Hey Sorel have you and your sister ever worked together on a film … or in ANYTHING??” She replied, “No .. we never have.” It was so fun to shoot and create. I’m truly appreciative of the small crew we mustered together, taking their COVID tests before, and went out in full lock down to create and make a little piece for the holidays.

PR CONTACT:
Amanda Carter
[email protected]



SHAREHOLDER ALERT: CLAIMSFILER REMINDS BSX, RTX, SPLK INVESTORS of Lead Plaintiff Deadline in Class Action Lawsuits

NEW ORLEANS, Dec. 23, 2020 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors of pending deadlines in the following securities class action lawsuits:


Raytheon Technologies Corporation f/k/a Raytheon Company (RTX, RTN)


Class Period: 2/10/2016 – 10/27/2020
Lead Plaintiff Motion Deadline: December 29, 2020
SECURITIES FRAUD
To learn more, visit https://www.claimsfiler.com/cases/view-raytheon-technologies-corporation-securities-litigation  


Boston Scientific Corporation (BSX)


Class Period: 4/24/2019 – 11/16/2020
Lead Plaintiff Motion Deadline: February 2, 2021
SECURITIES FRAUD
To learn more, visit https://www.claimsfiler.com/cases/view-boston-scientific-corporation-securities-litigation-4


Splunk Inc. (SPLK)


Class Period: 10/21/2020 – 12/2/2020
Lead Plaintiff Motion Deadline: February 2, 2021
SECURITIES FRAUD
To learn more, visit https://www.claimsfiler.com/cases/view-splunk-inc-securities-litigation

If you purchased shares of the above companies and would like to discuss your legal rights and your right to recover for your economic loss, you may, without obligation or cost to you, contact us toll-free (844) 367-9658 or visit the case links above.

If you wish to serve as a Lead Plaintiff in the class action, you must petition the Court on or before the Lead Plaintiff Motion deadline.

About ClaimsFiler

ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.

To learn more about ClaimsFiler, visit www.claimsfiler.com



McEwen Mining Mourns the Loss of Director, Dr. Leanne Baker

TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is deeply saddened to announce the passing of our dear friend and Director of 15 years, Dr. Leanne Baker.


“I will miss Leanne’s clear and wise counsel, her warm friendship and courage. After her dear family, mining was one of her big passions and the industry has lost a valued champion!”
stated Rob McEwen, Chairman & Chief Owner.


“Leanne was a special person – fearless, embodying strength of conviction and humanity while always sharing her experience and acumen so generously. I admired her greatly and wanted to share her last words to me: Never give up,”
remembers Carmen Diges, General Counsel.


“Very sad, a reminder of the loss of loved ones and that time is precious.


Leanne was a trailblazer and an inspiration to all women in mining who follow in her footsteps,”
commented Anna Ladd-Kruger, CFO.

Our sincere condolences go out to her family from everyone at McEwen Mining. 

ABOUT MCEWEN MINING

McEwen Mining is a diversified gold and silver producer and explorer with operating mines in Nevada, Canada, Mexico and Argentina. It also owns a large copper deposit in Argentina. McEwen Mining’s goal is to create a profitable gold and silver producer focused in the Americas.

McEwen Mining has approximately 409 million shares outstanding. Rob McEwen, Chairman and Chief Owner, owns 20% of the shares.


CONTACT INFORMATION:

Investor Relations:
(866)-441-0690 Toll Free
(647)-258-0395

Mihaela Iancu ext. 320

[email protected]


Website:
www.mcewenmining.com


150 King Street West
Suite 2800, P.O. Box 24
Toronto, ON, Canada
M5H 1J9

 



Senhwa Biosciences Receives US FDA ‘Study May Proceed’ Letter to Treat BRCA2+ or PALB2+ Solid Tumors With CX-5461

PR Newswire

TAIPEI and SAN DIEGO, Dec. 23. 2020 /PRNewswire/ — Senhwa Biosciences, Inc. (TPEx: 6492), a clinical-stage biopharmaceutical company focused on next-generation DNA Damage Response (DDR) therapeutics for the treatment of cancer, today announced that it has received a “Study May Proceed” letter from the US Food and Drug Administration (FDA) to begin a Phase Ib study evaluating CX-5461, a first-in-class G-quadruplex stabilizer, to treat solid tumors with BRCA2 or PALB2 mutations.

“The FDA’s approval of our Phase Ib clinical trial application for testing CX-5461 in patients with BRCA2 or PALB2 mutations is an important milestone and marks a new paradigm in the treatment of cancers with specific pathogenic mutations,” stated Dr. John Soong, the Chief Medical Officer of Senhwa Biosciences.

In 2016, Canadian Cancer Trial Group (CCTG), a recipient of the Stand Up to Cancer’s Dream Team Grant selected CX-5461 to study in their Phase I trial. In the CCTG Trial, CX-5461 demonstrated clinically significant and lasting benefits in patients with specific tumor biomarkers that were resistant to platinum and other chemotherapeutics. This new Phase Ib trial will occur in both the US and Canada, and study endpoints include a re-confirmation of the efficacy signal. This trial is currently under review with Health Canada.

CX-5461 was recently named as a PCF (Prostate Cancer Foundation)-Pfizer Global Challenge Award recipient. Specifically, it will be used together with Pfizer’s PARP inhibitor (PARPi), Talazoparib, to evaluate the combined therapeutic potential in treating prostate cancer. For American men, prostate cancer is the second-leading cause of cancer death. Due to a DNA repair defect, BRCA1/2 deficient tumor cells are more sensitive to PARPi through the mechanism of synthetic lethality; however, PARPi resistance is commonly seen in clinical use. More than 40% of BRCA1/2-deficient patients fail to respond to PARPi.

“CX-5461 has proven human efficacy across certain tumor types by accelerating dsDNA breaks. We believe CX-5461 has great potential as a therapeutic for patients who have developed resistance to PAPRi or other chemotherapies. Addressing treatment for resistant tumors continues to be an unmet medical need in cancer treatment,” said Dr. Tai-Sen Soong, CEO of Senhwa Biosciences.

About CX-5461

Specific mutations within the Homologous Recombination (HR) pathway may be exploited by CX-5461 through a synthetic lethality approach by targeting the DNA repair defects in Homologous Recombination Deficiency (HRD) tumors. Specifically, CX-5461 is designed to stabilize DNA G-quadruplexes of cancer cells which leads to disruption of the cell’s replication fork. While acting in concert with HR pathway deficiencies, such as BRCA1/2 mutations, replication forks stall and cause DNA breaks, ultimately resulting in cancer cell death.

About Senhwa Bioscience

Senhwa Biosciences, Inc. is a leading clinical-stage company focusing on developing first-in-class, next-generation DDR therapeutics for patients with unmet medical needs in oncology. Headquartered in Taiwan, with an operational base in San Diego, California, Senhwa is well-positioned to oversee the development of its compounds.

Development is currently focused on two lead products Silmitasertib (CX-4945) and Pidnarulex (CX-5461) with novel mechanisms of action and for multiple indications. Clinical trials are currently ongoing in Australia, Canada, United States, Korea, and Taiwan. 

Visit Senhwa Biosciences for more details: www.senhwabio.com

Cision View original content:http://www.prnewswire.com/news-releases/senhwa-biosciences-receives-us-fda-study-may-proceed-letter-to-treat-brca2-or-palb2-solid-tumors-with-cx-5461-301198347.html

SOURCE Senhwa Biosciences, Inc.