Market Newsdesk

MIGDAL HA’EMEK, Israel, Dec. 02, 2020 (GLOBE NEWSWIRE) — PV Nano Cell, Ltd. (OTCQB: PVNNF) (“PV Nano Cell” or the “Company”), an innovative provider of inkjet-based conductive digital printing solutions and producer of conductive digital inks, today announced that the European Union ́s H2020 funded TINKER project in which the Company is a partner, has started. TINKER is set to develop a new reliable, cost-and resource efficient pathway for automotive RADAR and LiDAR sensor package fabrication based on additive manufacturing.

Project TINKER’s form of operation is to use key enabling technologies, especially inkjet printing and nanoimprint lithography, as disruptive and flexible manufacturing technologies. The project’s program addresses key goals such as minimizing production time, increasing the level of automation and improving the overall production yield. The TINKER consortium consists of 10 excellent industrial companies, 3 research specialists, one consultancy and a service association. In addition, an External Advisory Board, has been appointed, consisting of experts in the fields of microelectronics and automotive. Among the board members are representatives of the European Photonics Industry Consortium, Organic and Printed Electronics Association and Virtual Vehicle Research GmbH. Project TINKER is funded by European Union’s Horizon 2020 research and innovation program under the Grant Agreement nº 958472 with an overall budget of more than $10M.

PV Nano Cell’s Chief Executive Officer, Dr. Fernando de la Vega, commented, “The automotive industry is a leading industry implementing digital additive production processes. PV Nano Cell is focusing in this market already selling its Sicrys™ conductive inks that are printed on wide-glass applications. We are also involved in the fabrication of antennas, connectors and touchscreens for use in the automotive industry. Project TINKER is an additional important effort which will make digital conductive manufacturing the mainstream in the industry. This trend is seen in other fields also as demonstrated by Nano Dimension Ltd.’s  success in digital manufacturing of PCB prototypes. The TINKER project, along with our extensive work with industrial customers in the automotive, glass, medical and solar industries, is the highest vote of confidence in our technology and products.”

PV Nano Cell, Ltd.

PV Nano Cell (PVN) offers the first-ever complete solution for mass-produced inkjet based, printed electronics. The proven solution includes PVN’s proprietary Sicrys™, silver-based conductive inks, inkjet production printers and the complete printing process. The process includes ink properties’ optimization, printer’s parameters setup, printing modifications & tailored printing instructions per application. In the heart of PVN’s value proposition lies its unique and patented conductive silver and coper inks – Sicrys™. Those are the only inks made of Single Nano Crystals – which allows the inks to have the highest stability and throughput required to drive optimal mass-production results for wide range of applications. PVN’s solutions are used all over the world in a range of digital printing applications including: automotive, photovoltaics, printed circuit boards, flexible printed circuits, antennas, sensors, heaters, touchscreens and other. For more information, please visit http://www.pvnanocell.com/

Forward-Looking Statements

This press release contains forward–looking statements. The words or phrases “would be,” “will allow,” “intends to,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” or similar expressions are intended to identify “forward–looking statements.” All information set forth in this news release, except historical and factual information, represents forward–looking statements. This includes all statements about the Company’s plans, beliefs, estimates and expectations. These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward–looking statements. These risks and uncertainties include issues related to: rapidly changing technology and evolving standards in the industries in which the Company operates; the ability to obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new business, and sign new agreements. For a more detailed description of the risks and uncertainties affecting PV Nano Cell, reference is made to the Company’s latest Annual Report on Form 20-F which is on file with the Securities and Exchange Commission (SEC) and the other risk factors discussed from time to time by the Company in reports filed with, or furnished to, the SEC. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Emerging Markets Consulting, LLC

Mr. James S. Painter III

President

w: 1 (321) 206-6682
m: 1 (407) 340-0226
f: 1 (352) 429-0691
email: [email protected]  
website: www.emergingmarketsllc.com 

PV Nano Cell Ltd

Dr. Fernando de la Vega

CEO

w: +972 (04) 654-6881
f: +972 (04) 654-6880
email: [email protected] 
website: www.pvnanocell.com 

VANCOUVER, British Columbia, Dec. 02, 2020 (GLOBE NEWSWIRE) — Gold Standard Ventures Corp. (TSX: GSV; NYSE AMERICAN: GSV) (“Gold Standard” or the “Company”) is pleased to announce that a CEO succession plan has been finalized. Jonathan Awde will be handing over the role of President and CEO to Jason Attew who will be joining the Company on December 2, 2020.

Mr. Awde stated: “I am very pleased that Jason has agreed to lead our company going forward as we advance the South Railroad feasibility study, build out and fortify our team while advancing all aspects of our projects with the goal of becoming a low-cost producer in Nevada.  The Company now requires an executive with specific skill sets and based upon Jason’s career experience and my familiarity with what he can bring to the table, I am confident that he will advance Gold Standard to producer status, and beyond, efficiently, effectively and professionally.  It was a difficult decision for me to step aside as I founded, grew the Company’s assets and led the team over the last decade.   I am extremely confident in Jason’s abilities and believe we have found a very strong and experienced successor, who I believe is the best candidate to build on the Company’s foundation and achieve impressive new levels of success for it in the coming years.”

Mr. Attew is a mining industry veteran who has dedicated over 25 years to the mining sector.  Jason most recently served as the Chief Financial Officer at Goldcorp Inc. (“Goldcorp”) where, in addition to leading the finance, capital management and investor relations functions, he was also responsible for Goldcorp’s corporate development and strategy culminating in the US$32 billion merger with Newmont Mining Corp. In addition, Jason has extensive capital markets expertise from his time in investment banking where he was at the forefront of structuring and raising significant growth capital for companies like Gold Standard as well as advising on both formative and transformational mergers and acquisitions for corporations that have become industry leaders over the past two decades.

Mr. Attew stated: “I was approached by Jonathan several months ago about becoming the new leader of Gold Standard.  As a result of having favourably reviewed the Company and its projects while I was at Goldcorp, I already knew that this Company and its Nevada properties were very special.  Nevertheless, I undertook further due diligence with respect to the Company, its projects, and prospects for which I continue to be highly impressed.  The land acquisitions, the geological, exploration and engineering work to date under Jonathan’s leadership have been excellent and I am fortunate to have been recruited to take the Company and its projects forward.  I am thankful for the trust of Jonathan and the Gold Standard board and I am keen to get to work.”

Bruce McLeod, lead director of Gold Standard, said: “Jonathan Awde has been impressive and tireless as he created, financed and promoted Gold Standard.  He recruited, motivated and guided the highly capable and professional team that assisted him in acquiring, financing and advancing the Company’s properties in Nevada.  He has also been the key strategist for Gold Standard and this has been central to the Company’s successes to date. Jonathan has also been the point man for our investor base and has created a great deal of potential wealth for shareholders, wealth which will be realized well into the future.  Now he has been the key liaison in a recruitment process that will see leadership of our Company pass smoothly to a new CEO.  Jason has exceptional skills and experience as a mining executive and his capital markets expertise make him a worthy successor to our seminal achievements under Jonathan Awde.  It is a testimony to Jonathan’s vision and to his selfless dedication to the advancement of Gold Standard that he initiated and drove Jason’s recruitment and that he is facilitating a transition that will allow Jason to hit the ground running.  Our Company is lucky, both in having had Jonathan as its founder and leader, and in having secured Jason as our new leader.  Our board is very grateful for the outstanding achievements under Jonathan’s leadership and we are delighted with our extraordinary prospects for continuing success under Jason’s hand.”

Mr. Awde will continue his support of the Company as a member of the Board of Directors.

In connection with his appointment as President and CEO, Mr. Attew has subscribed for 1,000,000 common shares of the Company at a price per share of C$0.854, which represents the 5 day volume weighted average price (“VWAP”) immediately preceding this announcement for aggregate proceeds of C$854,000 through a non-brokered private placement with the Company (the “Share Purchase”).

Mr. Attew is considered a “related party” of the Company, and the Share Purchase constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 – Take-over Bids and Special Transactions (“MI 61-101”). The Share Purchase is exempt from the formal valuation and the minority approval requirements of MI 61-101 as the fair market value of the consideration for the Share Purchase does not exceed 25% of the Company’s market capitalization. All of the terms and conditions of the Share Purchase, along with other matters relating to the CEO succession plan were reviewed and approved by the board of directors of the Company on December 2, 2020 (with Awde abstaining, due to his interest in the CEO succession plan).

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. All statements, other than statements of historical fact, included herein including, without limitation, the advancement of the South Railroad feasibility study, the build out and fortification of the Company’s team and the advancement of projects with the goal of becoming a low-cost producer in Nevada, are forward looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.  Risk factors affecting the Company include, among others: the results from our exploration programs, global financial conditions, the current outbreak of the novel coronavirus (COVID-19), and volatility of capital markets, uncertainty regarding the availability of additional capital, fluctuations in commodity prices; title matters; and the additional risks identified in our filings with Canadian securities regulators on SEDAR in Canada (available at www.sedar.com) and with the SEC on EDGAR (available at www.sec.gov/edgar.shtml).

These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.

FOR FURTHER INFORMATION PLEASE CONTACT:
Jason Attew
President
Tel: 778-589-8898
Email: [email protected]
Website: www.goldstandardv.com 

Hamilton, Bermuda, December 2, 2020 – Auris Medical Holding Ltd. (NASDAQ: EARS) (“Auris” or the “Company”), a clinical-stage company dedicated to developing therapeutics that address important unmet medical needs in neurotology, rhinology and allergy and CNS disorders, today announced it has entered into securities purchase agreements with institutional investors for the purchase and sale of 2,000,000 common shares, par value CHF 0.01 per share, at an offering price of $4.00 per share, pursuant to a registered direct offering, priced at-the-market under Nasdaq rules. The gross proceeds of the offering will be approximately $8,000,000 before deducting fees and other estimated offering expenses. The Company intends to use the net proceeds for working capital and general corporate purposes. The closing of the registered direct offering is expected to take place on or about December 4, 2020, subject to the satisfaction of customary closing conditions. 

A.G.P./Alliance Global Partners is acting as the sole placement agent for the offering.

This offering was made pursuant to an effective shelf registration statement on Form F-3 (File No. 333-228121) previously filed with the U.S. Securities and Exchange Commission (the “SEC”).  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 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.  A prospectus supplement relating to the common shares will be filed by Auris with the SEC.  When available, copies of the prospectus supplement, together with the accompanying prospectus, can be obtained at the SEC’s website at www.sec.gov or from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, New York 10022 or by email at [email protected]. 

About Auris Medical

Auris Medical is a clinical-stage company dedicated to developing therapeutics that address important unmet medical needs in neurotology, rhinology and allergy and CNS disorders. The Company is focused on the development of intranasal betahistine for the treatment of vertigo (AM-125, in Phase 2) and for the prevention of antipsychotic-induced weight gain and somnolence (AM-201, post Phase 1b). Through its affiliate Altamira Medica, the Company is developing a nasal spray for protection against airborne pathogens and allergens (AM-301). In addition, Auris Medical has two Phase 3 programs under development: Sonsuvi® (AM-111) for acute inner ear hearing loss and Keyzilen® (AM-101) for acute inner ear tinnitus. The Company was founded in 2003 and is headquartered in Hamilton, Bermuda with its main operations in Basel, Switzerland. The shares of Auris Medical Holding Ltd. trade on the NASDAQ Capital Market under the symbol “EARS.”

Forward-looking Statements

This release may contain forward-looking statements that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as “may”, “will”, “aim”, “will likely result”, “believe”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “future”, “objective”, “goal”, “project”, “should”, “will pursue” and similar expressions or variations of such expressions. These forward-looking statements reflect the Company’s current expectations about its future plans and performance. These forward-looking statements rely on a number of assumptions and estimates which could be inaccurate and which are subject to risks and uncertainties. Actual results could vary materially from those anticipated or expressed in any forward-looking statement made by the Company. Please refer to the Company’s most recent Forms 20-F and subsequent filings with the SEC for a further discussion of these risks and uncertainties. The Company disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release.

Investor contact:

[email protected]  

TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — (TSX: RBN.UN) Blue Ribbon Income Fund (the “Fund”) has renewed its normal course issuer bid to purchase up to 1,258,500 units of the Fund representing approximately 10% of the public float of 12,585,142 units. The Fund may purchase up to 253,702 units in any 30 day period which is 2% of the 12,685,142 issued and outstanding units at November 25, 2020.

As of November 25, 2020, the Fund had purchased 146,600 units of the 1,400,900 units under its current bid, as approved by the TSX, at an average price of $7.85 per unit.

The units may be purchased for cancellation from December 5, 2020 to December 4, 2021 through the facilities of the TSX or other alternative Canadian trading system and may only be purchased at a price per unit not exceeding the last net asset value per unit. The Administrator of the Fund believes that such purchases are in the best interest of the Fund and are a desirable use of its available funds.

For further information, please contact your investment advisor, call Brompton’s investor relations line at 416-642-6000, toll-free at 1-866-642-6001, email [email protected] or visit our website at www.blueribbonincomefund.com.

Y
ou will usually pay brokerage fees to your dealer if you purchase or sell
units
of the investment fund
s
on the Toronto Stock Exchange or other
alternative Canadian trading system
(an “exchange”). If the
units
are purchased or sold on an exchange, investors may pay more than the current net asset value when buying
units
of the investment fund and may receive less than the current net asset value when selling them.

There are ongoing fees and expenses associated with owning
units
of an investment fund. An investment fund must prepare disclosure documents that con
tain key information about the F
und. You can find more detailed information about
the
F
und in the public filings available at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past
performance may not be repeated.

Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this
news release
and to other matters identified in public filings relating to the
Fund
, to the future outlook of the
F
und and anticipated events or results and may include statements regarding the future financial performance of the
Fund
. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements.
Th
ese forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

King George, Virginia, Dec. 02, 2020 (GLOBE NEWSWIRE) — Free Flow, Inc. (FFLO:OTCPINK), whose current subsidiaries provide vehicle dismantling and the recycling of OEM auto parts and supplies; scrap metal processing; auto leasing; and investing in additional operating companies, today announced that on November 25, 2020, Shah Wali Khan was appointed to serve as a director of the Company. In addition to his management and oversight role on the Board of Directors, Mr. Khan will use his business management skills to assist with the planned global expansion of Free Flow’s subsidiary operations.

Mr. Khan’s appointment to the Board of Directors was detailed in a Current Report on Form 8-K filed with the Securities and Exchange Commission on November 30, 2020.  

Mr. Khan received his Bachelor of Arts degree from Punjab University in Lahore, Pakistan in 1993.  Upon completion of his academic education, Mr. Khan joined his family textile business, Topi Industries (Pvt.) Ltd., as production director.  While in this position, he expanded operations to retail stores under the brand name Aroshi and sold embroidered fabric.  The business grew to forty retail outlets with approximately 150 employees.  In December 2019, Mr. Khan left the textile business and moved the United States with his wife and three daughters.  Once in the U.S., he became the sole owner of Two Angel’s Group, LLC, a California limited liability company that operates franchise restaurants.  Due to Mr. Khan’s wide-ranging business experience and entrepreneurial spirit, the Company believes he will be a valuable addition to the FFLO Board of Directors.

“We are extremely pleased to have Mr. Khan join us as part of Free Flow’s Board of Directors,” commented Mr. Sabir Saleem, CEO of Free Flow, Inc.  “In additional to his varied business experience, we believe Mr. Khan will be a great asset when the Company negotiates processed scrap metal contracts with steel mills in targeted international markets.”

Any shareholders or interested potential investors who want to receive information directly from Free Flow, Inc. as soon as it has been publicly disclosed, should sign up for the Company’s Email Alert System at https://mailchi.mp/129de3da6ae6/email-alerts.  More information about the Company can be viewed at www.FreeFlowPLC.com. 

To view the Company’s recently completed Offering Memorandum, please visit http://www.freeflowplc.com/offering-memorandum/.

ABOUT
FREE FLOW, INC.

Free Flow, Inc., traded under the stock ticker symbol “FFLO”, is a Delaware company that creates and acquires operating subsidiaries with the goal of manufacturing and selling products and services.  Through its current subsidiaries – Accurate Auto Parts, Inc., Motor & Metals, Inc., and Citi Autos, Corp. – the Company provides OEM (Original Equipment Manufacturer) recycled auto parts and supplies from a warehousing and shipping facility on its 19-plus acre facility in King George, Virginia, USA.  Every year, approximately eleven million cars are scrapped and end up in salvage yards for reprocessing.  FFLO helps to reduce the carbon footprint involved in the production of new parts and steel products through the sales of recycled auto parts and supplies.

Safe Harbor Statement: 

This press release may include predictions, estimates, opinions or statements that might be considered “forward-looking” under the provisions of the Private Securities Litigation Reform Act of 1995. Such statements generally can be identified by phrases such as the Company or its management “believes,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates,” or other, similar words or phrases.

BEIJING, China, Dec. 02, 2020 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI), an innovator in China’s new energy vehicle market, today announced that it intends to offer and sell 47,000,000 American depositary shares (“ADSs”), each representing two Class A ordinary shares of the Company, subject to market and other conditions, in an underwritten public offering. The underwriters will have a 30-day option to purchase up to an aggregate of 7,050,000 additional ADSs from the Company.

The Company expects to use the net proceeds from the proposed offering for research and development of (i) next-generation electric vehicle technologies, including high-voltage platform, high C-rate battery, and ultra-fast charging, (ii) the next BEV platform and future car models, and (iii) autonomous driving technologies and solutions, as well as for general corporate purposes.

Goldman Sachs (Asia) L.L.C., UBS Securities LLC, and China International Capital Corporation Hong Kong Securities Limited will act as the joint bookrunners for the proposed ADS offering.

A preliminary prospectus related to the proposed ADS offering has been filed with the SEC and is available on the Company’s website at https://ir.lixiang.com/sec-filings.

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

About Li Auto Inc.

Li Auto Inc. is an innovator in China’s new energy vehicle market. The Company designs, develops, manufactures, and sells premium smart electric SUVs. Through innovative products, technology, and business model, the Company provides customers with safe, convenient, and cost-effective mobility solutions. Li Auto is the first to successfully commercialize extended-range electric vehicles in China. The Company started volume production of its first model, Li ONE, in November 2019. With Li ONE, the Company leverages its in-house technology to create value for its customers, focusing on range extension, smart technology, and autonomous driving solutions. Beyond Li ONE, the Company aims to expand its product line by developing new vehicles to target a broader consumer base.

For more information, please visit: http://ir.lixiang.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to 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,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Li Auto may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), 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 statements about Li Auto’s beliefs, plans, 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: Li Auto’s strategies, future business development, and financial condition and results of operations; Li Auto’s limited operating history; risks associated with extended-range electric vehicles, Li Auto’s ability to develop, manufacture, and deliver vehicles of high quality and appeal to customers; Li Auto’s ability to generate positive cash flow and profits; product defects or any other failure of vehicles to perform as expected; Li Auto’s ability to compete successfully; Li Auto’s ability to build its brand and withstand negative publicity; cancellation of orders for Li Auto’s vehicles; Li Auto’s ability to develop new vehicles; and changes in consumer demand and government incentives, subsidies, or other favorable government policies. Further information regarding these and other risks is included in Li Auto’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Li Auto does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

Li Auto Inc.
Investor Relations
Email: [email protected]

The Piacente Group, Inc.
Yang Song
Tel: +86-10-6508-0677
Email: [email protected]

Brandi Piacente
Tel: +1-212-481-2050
Email: [email protected]