Monthly Archives: July 2020

Heat Biologics COVID-19 Vaccine Demonstrates Immunogenicity Proof-of-Concept in Pre-Clinical Studies

Confirms stimulation of human-HLA-restricted transgenic mouse T-cells against immunodominant epitopes of SARS-CoV-2 Spike protein

DURHAM, NC / ACCESSWIRE / July 29, 2020 / Heat Biologics, Inc. ("Heat") (NASDAQ:HTBX), a clinical-stage biopharmaceutical company focused on developing first-in-class therapies to modulate the immune system, including multiple oncology product candidates and a novel COVID-19 vaccine, today announced successful pre-clinical testing of the Company's COVID-19 vaccine, which demonstrated in-vivo confirmation of vaccine immunogenicity in animal models, including expansion of human-HLA-restricted T-cells against immunodominant epitopes of SARS-CoV-2 Spike protein. Testing demonstrated expansion of antibody-supporting CD4+, and virus killing CD8+ T-cells in the lungs of the animals, a major site for COVID-19 infection.

"We are pleased to report this significant milestone in the development of our COVID-19 vaccine," said Jeff Wolf, CEO of Heat. "Specifically, our latest pre-clinical studies demonstrated immunogenicity proof-of-concept, illustrating that our vaccine can expand human-HLA-restricted T-cells against immunodominant epitopes of SARS-CoV-2 Spike protein, and validating that the selected vaccine antigen may be appropriate for human testing."

Natasa Strbo MD, DSc, Assistant Professor of Microbiology and Immunology at the University of Miami Miller School of Medicine and co-developer of Heat's gp96 platform, commented, "We are encouraged by the observed T-cell expansion and cytokine secretion in response to Spike protein stimulation in pre-clinical models. Measured cytokines, produced by anti-viral CD4+ T-cells, important for B cell antibody class switching, and CD8+ T-cells, important to clear virus-infected cells, suggests that an optimal immune response is being generated in response to our vaccination. These pre-clinical data imply that our vaccine is prompting a robust and effective immune response to support anti-viral immunity. In addition, stimulation of anti-viral killer CD8+ T-cells in human HLA-A2-positive transgenic mice provides encouraging pre-clinical data to support human trials, as we can expand cells specific for viral antigens presented in the context of the human immune system."

Mr. Wolf continued, "I would like to thank Natasa Strbo and her team at the University of Miami, as well as the team at Heat who are working tirelessly to advance our COVID-19 vaccine platform in breakthrough time. Given this data, we are further encouraged by the outlook for our COVID-19 vaccine, and believe this platform may play an important role as a standalone vaccine or in combination with other antibody-generating vaccines by engaging both the humoral and cellular arms of the immune system to stimulate more robust prophylactic protection."

About Heat Biologics, Inc.
Heat Biologics is a biopharmaceutical company focused on developing first-in-class therapies to modulate the immune system. The company's gp96 platform is designed to activate immune responses against cancer or pathogenic antigens. Multiple product candidates in development leverage the gp96 platform, including HS-110 which has completed enrollment in its Phase 2 trial, HS-130 in Phase 1, and a COVID-19 vaccine program in preclinical development. In addition, Heat is also developing a pipeline of proprietary immunomodulatory antibodies, including PTX-35 which is enrolling in a Phase 1 trial. For more information, please visit: www.heatbio.com.

Forward-Looking Statement
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 on our current expectations and projections about future events. In some cases, forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements are based upon current beliefs, expectation, and assumptions and include statements such as the vaccine expanding human-HLA-restricted T-cells against immunodominant epitopes of SARS-CoV-2 Spike protein, the selected vaccine antigen being appropriate for human testing, measured cytokines, produced by anti-viral CD4 T-cells, suggesting that an optimal immune response is being generated in response to our vaccination and this platform playing an important role as a standalone vaccine or in combination with other antibody-generating vaccines by engaging both the humoral and cellular arms of the immune system to stimulate more robust prophylactic protection. These statements are subject to a number of risks and uncertainties, many of which are difficult to predict, including, the ability of the vaccine to expand human-HLA-restricted T-cells against immunodominant epitopes of SARS-CoV-2 Spike protein, the ability to validate the selected vaccine antigen for appropriate for human testing and to generate an optimal immune response, the ability of this platform to play an important role as a standalone vaccine or in combination with other antibody-generating vaccines, the ability of Heat's therapies to perform as designed, to demonstrate safety and efficacy, as well as results that are consistent with prior results, the ability to enroll patients and complete the clinical trials on time and achieve desired results and benefits, Heat's ability to obtain regulatory approvals for commercialization of product candidates or to comply with ongoing regulatory requirements, the ability of Heat together with researchers at the University of Miami to develop an effective proprietary COVID-19 vaccine, regulatory limitations relating to Heat's ability to promote or commercialize its product candidates for specific indications, acceptance of its product candidates in the marketplace and the successful development, marketing or sale of products, Heat's ability to maintain its license agreements, the continued maintenance and growth of its patent estate, its ability to establish and maintain collaborations, its ability to obtain or maintain the capital or grants necessary to fund its research and development activities, its ability to continue to maintain its listing on the Nasdaq Capital Market and its ability to retain its key scientists or management personnel, and the other factors described in Heat's most recent annual report on Form 10-K for the year ended December 31, 2019 filed with the SEC, and other subsequent filings with the SEC. The information in this release is provided only as of the date of this release, and Heat undertakes no obligation to update any forward-looking statements contained in this release based on new information, future events, or otherwise, except as required by law.

Media and Investor Relations Contact
David Waldman
+1 919 289 4017
investorrelations@heatbio.com

SOURCE: Heat Biologics Inc.

ReleaseID: 599403

Biodegradable Disposable Tableware Market to Undergo Downturn During Covid-19, as Food Service Businesses are Slammed by Containment Measures – Future Market Insights

Leading biodegradable disposable tableware manufacturers are increasingly investing in boosting their penetration into emerging economies to profitably widen their consumer demographic.

DUBAI, UAE / ACCESSWIRE / July 29, 2020 / Future Market Insights: The global biodegradable disposable tableware market is anticipated to rise with a promising 6.5% CAGR through the end of the forecast period in 2030. The coronavirus pandemic has had a negative influence on the biodegradable disposable tableware market. Market players are facing disruptions in raw material supplies. In addition, the food service industry has been forced to partially suspend operations owing to lockdown measures. These factors will significantly hinder market growth for the short term.

"Increasing consumer bias towards food service facilities, coupled with environmental conservation awareness are key factors that are bolstering the adoption of biodegradable disposable tableware. Innovations and new sources of compostable materials will aid in greater penetration by market players for the foreseeable future," says the FMI analyst.

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Biodegradable Disposable Tableware Market – Key Takeaways

Paper-based biodegradable disposable tableware is displaying fast growth, supported by research by manufacturers towards affordable and recyclable offerings.
Edible tableware is gaining traction in niche food service applications, aided by consumer interest in the novelty of the products.
Asia Pacific is a fast-growing market owing to the rapidly growing food service industry and strict regulation on plastics in multiple countries in the region.

Biodegradable Disposable Tableware Market – Key Driving Factors

Rising consumer awareness about the environmental impact of non-biodegradable plastics, coupled with strict government policies create major growth opportunities.
Sustainability initiatives taken up by numerous food services businesses support adoption of biodegradable disposable tableware.

Biodegradable Disposable Tableware Market – Key Constraints

Biodegradable alternatives to conventional disposable tableware are more cost prohibitive, holding back adoption rates.
Numerous biodegradable materials face scrutiny owing to emissions of greenhouse gases during decomposition, hindering market growth.

The Anticipated Impact of Coronavirus

The coronavirus pandemic has had a strong impact on the global food service industry. Government lockdown measures are suspending the operations of many businesses in the sector, reducing demand for biodegradable disposable tableware in the short term. In addition, cost concerns have also forced businesses to revert to cheaper conventional cutlery, which hurts market prospects. On the other hand, household use of biodegradable disposable table ware has increased marginally partially mitigating losses.

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Competition Landscape

Major manufacturers in the biodegradable disposable tableware market include but are not limited to Eco-Products Inc., Huhtamäki Oyj, Natural Tableware, Lollicup USA Inc., Genpak LLC, Vegware Ltd., Dispo International, Dart Container Corp., Papstar GmbH, SOLIA Inc., Pacovis AG, and Dixie Consumer Products.

Biodegradable disposable tableware manufacturers are increasingly pushing for research into the identification of new raw material sources, in addition, to widening scope of applications in untapped verticals.

For instance, PreistmanGoode are experimenting with materials such as algae and banana leaf for tableware production for air travel meal service applications. Mexico-based Biofase has unveiled an entire range of biodegradable, disposable utensils, manufactured entirely from avocado pits. Also, UK-based Cornware has come up with disposable tableware produced from potato, corn and sugarcane waste.

More About the Report

The FMI's market research report offers detailed insights on biodegradable disposable tableware market. The market is scrutinized on the basis of material type (plastic, paper, and others), product type (cutlery, plates, bowls, cups, trays, and others), and end use (food service, institutional, and household), across five key regions (North America, Latin America, Europe, Asia Pacific, and Middle East and Africa).

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Explore Extensive Coverage of FMI's Packaging Landscape

Filament Tapes Market: Find insights on the global filament tapes market with segment analysis, statistics, influencing factors, and business strategies for a 6-year projection period.

Protective Packaging Market: FMI's report on the global protective packaging market offers details on the market during 2019-2029. The study covers impacting forces, sources of revenue, market leaders, and market strategies.

Dairy Products Packaging Market: Get an in-depth analysis on the dairy products packaging market with insights on growth levers, opportunities, regulations, restraints, regional markets and market leaders between 2017 and 2027.

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SOURCE: Future Market Insights

ReleaseID: 599425

Southern Asset Management joins Climate Action 100+ to care for climate and spur ESG investing

BEIJING, CHINA / ACCESSWIRE / July 29, 2020 / Southern Asset Management has recently signed up to an initiative called Climate Action 100+, marking another solid step toward the promotion of green, sustainable economy in China with ESG investing. Climate Action 100+ is an investor initiative to ensure the world's 161 largest corporate greenhouse gas emitters take necessary action on climate change, improve governance and strengthen climate-related financial disclosures. So far, more than 420 global investors representing more than US$38 trillion in assets under management (AUM) have become signatories of the Climate Action 100+ initiative.

Mr. Shi Bo, Deputy General Manager & Chief Investment Officer (Equity) of Southern Asset Management, said, the climate-change risk will not only have important effects upon a company's long-term development prospects but also possibly disturb the stability of global financial system. Therefore, climate change is a macro-factor requiring close attention of investors. According to the Statement on the State of the Global Climate in 2019, climate change, as well as extreme weather and climate events are disrupting the development of human society and economy, people's health, displacement of populations, food security and terrestrial and marine ecosystems, among others. Physical and transformation risks arising from climate change will affect investment portfolio in a direct or indirect way. For the sake of long-term returns to holders and sustainable development of the society, we need to take early action and encourage all parties to attach more importance to the hazards of climate change.

As one of the earliest large asset managers which acted upon the ESG investing philosophy in China, Southern Asset Management has committed itself to actively exploring the localization of environmental, social and governance (ESG). It has already put in place a sound ESG management structure and process system, an assessment system and database of ESG issues-related risks, as well as a supportive risk management mechanism, allowing it to get long-term, sustainable investment returns through a more comprehensive analysis of investment targets' potential risks. Besides, Southern Asset Management also places a high premium on the implementation of activist shareholder strategies under ESG. After becoming a part of Climate Action 100+, Southern Asset Management will deepen exchanges on reduction of carbon emissions and pursuit of sustainable development with all stakeholders and join them in increasing the recognition of carbon emissions, climate change and high-quality sustainable development by the corporate sector and the society and making endeavors to achieve the Paris Agreement.

Media Contact

China Southern Asset Management
Si Chen
0755-82763742
chensi@southernfund.com
http://www.southernfund.com/en/

SOURCE: China Southern Asset Management

ReleaseID: 598994

Galway Metals Intersects New Wide Vein with Significant Visible Gold 320 Metres NE of GMZ’s New Veining at Clarence Stream

TORONTO, ON / ACCESSWIRE / July 29, 2020 / Galway Metals Inc. (TSXV:GWM) (the "Company" or "Galway") is pleased to report that hole CL20-65 contains abundant Visible Gold (VG) (see photos; assays pending) in a new massive quartz vein that is 14.4 metres (m) in core length, located 320 metres NE of a previously-reported new vein intersection of 11.4 g/t Au over 2.0m, including 43.5 g/t Au over 0.5m in hole CL20-58. The intersection in hole 58 had been discovered 75 metres north of the George Murphy Zone (GMZ) at the Clarence Stream Gold Project in SW New Brunswick (Figure 1, Figure 2, Figure 3).

Numerous other intersections reported here are follow-up to the 2 new veins discovered 75 metres and 150 metres north of the George Murphy Zone (April 29, 2020 press release). Additional intersections reported here are new veins discovered north and south of the GMZ, and step-outs to known veins. The latest results are highlighted by:

Hole CL-65 intersected a new massive quartz vein that is 14.4m core length from 242.1-256.5m that contains 29 visible gold (VG) splashes located 246.5-246.8m, 248.2m, 252.4-253.2m, and 255.1-255.2m downhole (photos; assays pending) starting at a vertical depth of 171m below surface. The new vein appears to be associated with a strong magnetic low and with a line of coincident soil anomalies, both located close to the interpreted location of the main structure on the property – the Sawyer Brook Fault (Figure 3).
4.3 grams per tonne (g/t) Au over 3.8 metres (m), 1.9 g/t Au over 13.15m, 1.7 g/t Au over 4.7m, and 1.0 g/t Au over 5.4m and many more intersections in at least 4 new veins at the GMZ, located north of the previous northern limit (Figure 4)
2.8 g/t Au over 8.4m, 1.3 g/t Au over 6.0m, 1.3 g/t Au over 5.2m, and 0.7 g/t Au over 5.9m and many more intersections in at least 3 new veins at the GMZ, located south of previously identified veins
4.5 g/t Au over 8.45m, 0.8 g/t Au over 21.25m, 1.6 g/t Au over 19.9m, and 1.1g/t Au over 9.8m in known veins at the GMZ (Figure 1, Figure 5, Figure 6)

"Galway has made tremendous progress during the past month. The Company raised $17 million to top up its treasury to $22 million. In doing so, we more than doubled the number of institutional shareholders to approximately 30 and fully-funded our 75,000-metre, 200 hole Clarence Stream drill program through the end of 2021. We also made two new discoveries – one approximately 1.0 km SW and along strike of the Jubilee Zone, Clarence Stream's western-most known deposit by intersecting 186.5 g/t Au over 0.6m, and we made another new discovery 3.7 km to the NE with 14.4 metres of massive quartz veining hosting 29 splashes of visible gold reported here. We also bought back 2 NSR royalties, of which most payments can be made with Galway shares over a 5-year period. With 5 rigs turning, Galway is looking forward to following up to expand both new discoveries and the known deposits within and beyond the 3.7km-long mineralized system," cites Robert Hinchcliffe, President and CEO of Galway Metals.

Assay Highlights

CL20-60: 1.7 g/t Au over 4.7m, plus 1.0 g/t Au over 5.4m, including 2.8 g/t Au over 1.0m, plus 2.1 g/t Au over 1.05m, at vertical depths of 217m, 56m, and 28m below surface, respectively
CL20-59: 4.5 g/t Au over 8.45m, including 35.3 g/t Au over 0.7m, plus 2.8 g/t Au over 8.4m, plus 1.3 g/t Au over 6.0m, plus 6.7 g/t Au over 0.8m at vertical depths of 97m, 156m, 177m, and 140m below surface, respectively
CL20-57: 1.9 g/t Au over 13.15m, including 7.8 g/t Au over 1.0m and 4.4 g/t Au over 0.75m, plus 0.8 g/t Au over 21.25m, including 2.1 g/t Au over 1.0m and 2.2 g/t Au over 0.85m, plus 0.7 g/t Au over 5.05m, plus 0.7 g/t Au over 4.55m, plus 0.8 g/t Au over 3.25m at vertical depths of 164m, 6.0m, 131m, 191m and 197m below surface, respectively
CL19-44A: 1.3 g/t Au over 5.15m, including 4.2 g/t Au over 0.75m, plus previously reported 6.5 g/t Au over 7.35m, including 31.9 g/t Au over 0.6m, at vertical depths of 65m and 34m below surface, respectively
CL19-43: 4.3 g/t Au over 3.8m, including 8.4 g/t Au over 1.0m, at a vertical depth of 43m below surface
CL19-40: 1.1 g/t Au over 9.8m, including 4.1 g/t Au over 0.85m, plus 1.2 g/t Au over 3.65m, plus 0.7 g/t Au over 5.9m, including 2.5 g/t Au over 0.75m, at vertical depths of 54m, 69m, and 135m below surface, respectively
CL19-38: previously reported 0.8 g/t Au over 5.0m is now 1.6 g/t Au over 19.9m including 24.2 g/t Au over 0.5m, at a vertical depth of 214m below surface

On June 24, Galway announced a different new discovery that returned 186.5 g/t Au over 0.6m, located 950m SW and along strike of the western-most intersection of the Jubilee Zone (Figure 2). That Jubilee intersection had returned 1.9 g/t Au over 43.3m (35.7m true width (TW)), including 21.2 g/t Au over 2.35m, starting at a vertical depth of 36m below surface (September 5, 2019). Another similar vein to the discovery is located 13m further downhole and returned 2.2 g/t Au over 0.7m. Galway plans on following up on this discovery in coming days.

The GMZ is 730m long to date (excludes the new discovery), with multiple structures over 310m horizontal thickness (width), and with all veins open in every direction (Figure 1). The new 14.4 metre quartz vein in hole 65 appears to be associated with a strong magnetic low and with a line of coincident soil anomalies, both located close to the interpreted location of the main structure on the property – the Sawyer Brook Fault (Figure 3). It directly underlies a soil anomaly that gave a grade of 19 ppb. The anomaly is present on the next line 100m to the east that gives it a strike along the magnetic low. It also lines up nicely with another soil anomaly located a further 320m east that grades 53 ppb. The anomalies extend for another 1.6 km east beyond that. They also extend 1.0 km SW of the vein. Soil anomalies, in conjunction with glacial till and stream sediment anomalies led to the discovery of all 5 known gold deposits at Clarence Stream, and the property hosts many other as of yet untested gold anomalies. As Galway continues to make new discoveries, it is becoming apparent that Clarence Stream is an important new gold district in North America.

Table 1. Assay Results

Hole ID

From
(m)

To
(m)

Intercept
(m)

Intercept
(m) TW

Au
g/t

GMZ NORTH TREND

GWM20CL-60

32.60

33.65

1.05

 

2.1

 

65.80

71.20

5.40

 

1.0

incl.

66.85

67.85

1.00

 

2.8

 

137.45

145.60

 
 

PENDING

 

148.00

150.00

2.00

 

0.6

 

243.10

255.30

 
 

PENDING

 

255.30

260.00

4.70

 

1.7

GWM20CL-59

123.15

124.05

0.90

0.50

0.7

 

134.40

135.40

1.00

0.60

0.6

 

141.30

149.75

8.45

5.10

4.5

incl.

141.30

142.00

0.70

0.40

35.3

 

152.05

152.80

0.75

0.50

0.4

 

153.55

155.80

2.25

1.40

0.5

 

192.70

197.40

4.70

2.80

0.7

incl.

192.70

193.30

0.60

0.40

2.0

 

204.75

205.55

0.80

0.50

6.7

 

228.65

237.05

8.40

5.10

2.8

 

237.05

249.00

 
 

PENDING

 

258.00

264.00

6.00

3.60

1.3

GWM20CL-57

8.15

29.40

21.25

14.90

0.8

incl.

10.00

11.00

1.00

0.70

2.1

incl.

28.55

29.40

0.85

0.60

2.2

 

33.25

34.00

0.75

0.50

1.7

 

39.80

41.65

1.85

1.30

1.6

 

61.75

62.50

0.75

 

0.6

 

170.65

171.45

0.80

 

0.4

 

177.35

178.15

0.80

 

1.3

 

191.25

196.30

5.05

 

0.7

 

216.0

217.50

1.50

 

3.0

 

226.05

226.85

0.80

 

1.1

 

232.40

233.20

0.80

 

0.5

 

234.90

235.65

0.75

 

0.6

 

239.60

252.75

13.15

 

1.9

incl.

240.50

241.50

1.00

 

7.8

incl.

249.75

250.50

0.75

 

4.4

 

281.90

286.45

4.55

 

0.7

 

292.80

296.05

3.25

 

0.8

GWM19CL-44A

18.00

33.00

15.00

8.80

1.0**

 

18.90

19.60

0.70

0.40

7.1**

 

49.00

56.35

7.35

4.30

6.5 V.G.**

incl.

51.40

51.90

0.50

0.30

39.8 V.G.**

incl.

52.65

53.70

1.050

0.60

31.9 V.G.**

 

56.35

92.00

 
 

PENDING**

 

94.00

99.15

5.15

3.00

1.3

incl.

94.00

94.75

0.75

0.40

4.2

 

110.85

111.85

1.00

0.60

0.7

 

127.60

133.25

 
 

PENDING**

GWM20CL-43

44.00

55.20

 
 

PENDING**

 

55.2

59.00

3.80

 

4.3

incl.

55.20

56.20

1.00

 

8.4

 

84.35

85.35

1.00

0.50

1.2

 

186.45

187.20

0.75

0.40

0.6

 

188.80

190.90

2.10

1.00

1.1

incl.

190.25

190.00

0.65

0.30

2.4

 

223.35

224.35

1.00

0.50

0.4

 

247.20

248.00

0.80

0.40

0.9

 

280.65

281.30

0.65

0.30

1.2

GWM20CL-40

0

49.95

 
 

PENDING**

 

73.25

83.05

9.80

5.10

1.1

incl.

75.70

76.55

0.85

0.40

4.1

 

85.60

86.60

1.00

0.50

0.6

 

92.85

96.50

3.65

1.90

1.2

 

117.00

169.15

 
 

PENDING**

 

180.40

188.90

5.90

3.10

0.7

incl.

185.25

186.00

0.75

0.40

2.5

 

197.00

197.95

0.95

0.50

0.6

GWM19CL-39

113.95

116.00

2.05

1.00

1.4**

 

130.90

135.40

4.50

2.10

2.1**

incl.

134.10

134.60

0.50

0.20

10.5 V.G.**

 

143.00

144.00

1.00

0.50

2.0

GWM19CL-38

0

174.00

 
 

PENDING**

 

193.00

194.00

1.00

0.30

0.8

 

198.95

201.35

2.40

0.70

2.3 **

 

211.50

219.00

 

0.00

PENDING**

was

225.00

230.00

5.00

1.50

0.8**

now

223.50

243.40

19.90

5.80

1.6

incl.

237.20

237.70

0.50

0.10

24.2

 

251.00

251.80

0.80

0.20

1.6

 

259.95

411.00

 
 

PENDING**

 
 
 
 
 
 

** previously released; VG = visible gold. 0.42 g/t Au was used for the bottom cut-off; True widths are unknown if not noted.

New Brunswick Junior Mining Assistance Program

Galway would like to acknowledge financial support from the New Brunswick Junior Mining Assistance Program, which partially funded drilling of the GMZ, Jubilee, and Richard Zones.

Geology and Mineralization

The recent discovery of the Richard Zone in hole 12 contains elevated levels of bismuth, arsenopyrite, and antimony, in multiple quartz veins, with tungsten in the vicinity. This is similar to other Clarence Stream deposits, which can be characterized as intrusion-related quartz-vein hosted gold deposits. Richard Zone contains multiple zones of quartz veining with sulfides and sericite alteration. In general, mineralization at Clarence Stream consists of 10-70% quartz stockworks and veins with 1-5% fine pyrite plus pyrrhotite plus arsenopyrite plus stibnite in sericite altered sediments. The Jubilee mineralization consists of 2%-5% disseminated pyrite, sphalerite, galena, arsenopyrite, chalcopyrite, and pyrrhotite in sediments with white to smoky grey quartz veining. Locally there is up to 10% sphalerite and semi-massive galena veinlets. The 2.5 km trend that hosts the GMZ, Richard and Jubilee Zones contains a mineralized mafic intrusive locally – similar to the South Zone, which currently hosts most of the property's last reported gold resources (September 2017). A more complete description of Clarence Stream's geology and mineralization can be found at www.galwaymetalsinc.com.

Review by Qualified Person, Quality Control and Reports

Michael Sutton, P.Geo., Director and VP of Exploration for Galway Metals, is the Qualified Person who supervised the preparation of the scientific and technical disclosure in this news release on behalf of Galway Metals Inc. All core, chip/boulder samples, and soil samples are assayed by Activation Laboratories, 41 Bittern Street, Ancaster, Ontario, Canada, who have ISO/IEC 17025 accreditation. All core is under watch from the drill site to the core processing facility. All samples are assayed for gold by Fire Assay, with gravimetric finish, and other elements assayed using ICP. The Company's QA/QC program includes the regular insertion of blanks and standards into the sample shipments, as well as instructions for duplication. Standards, blanks and duplicates are inserted at one per 20 samples. Approximately five percent (5%) of the pulps and rejects are sent for check assaying at a second lab with the results averaged and intersections updated when received. Core recovery in the mineralized zones has averaged 99%.

Table 2: Drill Hole Coordinates

Hole ID

Azimuth

Dip

Northing

Easting

Total Depth (m)

GEORGE MURPHY ZONE

GWM20CL-60

267.3

-59.7

5022561

654318

297

GWM20CL-59

128.5

-45

5022561

654318

309

GWM20CL-57

345

-44

5022436

654342

351

GWM19CL-44A

144

-45

5022397

654247

147

GWM20CL-43

142

-50

5022588

654274

392

GWM20CL-40

122

-48

5022582

654391

183

GWM19CL-39

357

-69

5022286

654289

225

GWM19CL-38

139

-74

5022449

654240

393

 
 
 
 
 
 

For results of all holes that Galway has drilled at Clarence Stream, go to Galway's website at www.galwaymetalsinc.com.

Figure 1: Plan Map of the George Murphy Zone

Figure 2: Clarence Stream Plan Map

Figure 3: Clarence Stream Magnetics and Soils

Figure 4: GMZ Cross Section

Figure 5: GMZ Middle Structure Longitudinal Section

Figure 6: GMZ Northern Structure Longitudinal Section

About the Company

Galway Metals is well capitalized with two gold projects in Canada, Clarence Stream, an emerging gold district in New Brunswick, and Estrades, the former producing, high-grade VMS mine in Quebec. The Company began trading on January 4, 2013, after the successful spinout to existing shareholders from Galway Resources following the completion of the US$340 million sale of that company. With substantially the same management team and Board of Directors, Galway Metals is keenly intent on creating similar value as it had with Galway Resources.

Should you have any questions and for further information, please contact (toll free):

Galway Metals Inc.
Robert Hinchcliffe
President & Chief Executive Officer
1-800-771-0680
www.galwaymetalsinc.com

CAUTIONARY STATEMENT: 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 of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes statements made herein with respect to, among other things, the Company's objectives, goals or future plans, potential corporate and/or property acquisitions, exploration results, potential mineralization, exploration and mine development plans, timing of the commencement of operations, and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, exploration results being less favourable than anticipated, capital and operating costs varying significantly from estimates, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, risks associated with the defence of legal proceedings and other risks involved in the mineral exploration and development industry, as well as those risks set out in the Company's public disclosure documents filed on SEDAR. Although the Company believes that management's assumptions used to develop the forward-looking information in this news release are reasonable, including that, among other things, the Company will be able to identify and execute on opportunities to acquire mineral properties, exploration results will be consistent with management's expectations, financing will be available to the Company on favourable terms when required, commodity prices and foreign exchange rates will remain relatively stable, and the Company will be successful in the outcome of legal proceedings, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information contained herein, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

SOURCE: Galway Metals Inc.

ReleaseID: 599365

Partnerize Acquires Pepperjam to Rapidly Accelerate Adoption of Partnership Management Globally

Combination of companies immediately creates the global leader in software and service for the partnership marketing category

SAN FRANCISCO, CA, and PHILADELPHIA, PA / ACCESSWIRE / July 29, 2020 / Partnerize, the leading SaaS provider of partnership management solutions for global brands, today announced the acquisition of Pepperjam, a leading affiliate marketing technology and services provider. The combination of the companies' technology platforms and service expertise will empower brand leaders to maximize business growth from partnerships, diversify their revenue streams, and offset escalating costs in primary sales and marketing channels.

The combined business will serve more than 1,750 enterprise and mid-market clients worldwide, driving more than $7B in transactions via their relationships with an ecosystem of 750,000+ partners, including 250,000+ influencers. The company services clients in a broad range of industries, including retail/e-commerce, direct-to-consumer, travel, finance, telecom, subscriptions, and gaming.

"At Partnerize, our vision is to transform the partnerships industry by automating the historically manual process of scaling the partnerships channel and unlocking its full growth potential for partners and brands," said Mal Cowley, Partnerize Co-founder, and CEO. "Marketers are demanding greater visibility and control for affiliate marketing, influencer programs, content partnerships, brand alliances, and other forms of partnership. This acquisition is a significant milestone in meeting those needs and making the partnerships channel a core growth engine for brands. Our best-of-breed solutions combine process automation, better tools for optimization, and unique AI-powered insights for better results and outstanding brand protection."

For the past several years, both Pepperjam and Partnerize have been dedicated to elevating affiliate and partnership to a primary channel in the marketing mix and demonstrating that partner marketing deserves a seat at the CMO's table. By significantly enhancing the scalability and automation of this pay-for-performance channel, the combined business will give marketers additional operating leverage, alleviating reliance on increasingly expensive channels like paid search and social, which are usually purchased through pay-for-access models.

The company is also well-positioned to capitalize on a key gap in the market – delivering a combination of advanced technology and configurable program management services. Historically, clients and agencies have had to choose between the legacy outsourced network service provider model or tech-only solutions without a strong services layer. By offering the unique combination of advanced technology and services, Partnerize will enable customers to have greater control, visibility, and insight into the channel while also ensuring that they get the best results.

Said former Pepperjam CEO and new Partnerize President Matt Gilbert, "More than ever, marketers need a diversified means to ensure long term business viability and results. The channel's pay-for-performance model, coupled with its diverse partner composition, make it an attractive vehicle for growth marketers seeking a scalable alternative to their primary sales and marketing channels. Partnerize's AI-powered partnership management solutions coupled with Pepperjam's affiliate marketing technology and service expertise will help marketers accelerate their global partner marketing efforts to comprehensively leverage the channel to drive growth and reach target audiences at scale."

The partnerships industry is growing rapidly. With affiliate marketing in the US alone expected to reach $8B in sales by 2022, and billions more in sales coming from influencer programs, content partnerships, brand alliances, and other types of performance partnerships, the category already drives 20-30% of total sales for many brands. From its roots as a specialty channel in the early 2000s, the industry has demonstrated continuous growth because of its pay-for-performance business model and its ability to deliver scalable results in a variety of categories.

Continued Matt Gilbert, "In an expanding market, marketers need a combination of advanced technology and expert service to unlock channel value. Our coming together to lead the industry, ensures marketers sacrifice absolutely nothing. Coupling Pepperjam's strong North American presence with the global footprint of Partnerize will accelerate category growth and momentum, creating tremendous upside for brands around the world."

Pepperjam CEO Matt Gilbert will become President of Partnerize, a new role for the company. A long-tenured mar-tech leader, Matt brings a distinguished 20-year track record of increasing company market share and profitability to his new role. Prior to Pepperjam, he co-founded 500friends, which sold to Merkle, where he served as SVP & GM of the Loyalty Services group. He has held numerous leadership positions across the digital marketing category throughout his career, including Webloyalty.com, IAC/InterActive Corp., Ask Jeeves, Inc, and Excite@Home.

Pepperjam is the second acquisition for Partnerize in 2020. In April, the company announced the acquisition of BrandVerity, the leading provider of search monitoring and web compliance solutions for the partnership and paid search industries.

About Partnerize

Partnerize is the leader in partnership management technology. The AI-powered Partnerize Partnership Management Platform delivers data-driven intelligence and industry-leading management tools that are essential for materially improving ROI from this fast-growing sales channel. The Partnerize platform has won more than two dozen awards, including Best Technology at the International Performance Marketing Awards. The world's leading companies, including 63 top retailers, 12 international airlines, 10 of the largest telecoms, and more than 200 other global brands rely on Partnerize's platform to drive and manage more than $6B in partner sales and $500M in partner payments every year. For more information on how Partnerize can grow your partnerships and business, please visit https://partnerize.com.

About Pepperjam

Pepperjam is a performance marketing solutions provider powering growth for marketers seeking a scaled alternative to their primary sales and marketing channels. Ascend™, Pepperjam's cloud-based affiliate marketing lifecycle platform, delivers a fully integrated partner discovery, recruitment, tracking, payment, and brand safety solution. Powering over $1B in gross merchandise sales and supported by a comprehensive service team including the category's only in-housing practice, Pepperjam is headquartered in Philadelphia, Pa. and retains offices in NYC, Santa Cruz, and Wilkes-Barre. More at https://www.pepperjam.com.

Media Contact:
Kendall Allen Rockwell
Kallen@witstrategy.com

SOURCE: Partnerize

ReleaseID: 599345

Northern Dynasty Confirms Final Environmental Impact Statement for Alaska’s Pebble Project Describes a Modern, Environmentally Sound Mine That Can Co-Exist With Clean Water and Healthy Fisheries

VANCOUVER, BC / ACCESSWIRE / July 29, 2020 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) ("Northern Dynasty" or the "Company") and its 100%-owned US-based subsidiary Pebble Limited Partnership (the "Pebble Partnership") have completed a comprehensive review of the Final Environmental Impact Statement ("Final EIS") for the proposed Pebble copper-gold-molybdenum project, as published by lead federal regulator the US Army Corps of Engineers ("USACE") last week.

Northern Dynasty President & CEO Ron Thiessen confirmed the Final EIS for the Pebble Project describes a modern mineral development project that can fully co-exist with the subsistence, commercial and recreational fishing resources of southwest Alaska, while protecting water quality, downstream flows and associated aquatic habitat. The USACE also found Pebble can make a significant socioeconomic contribution to the Bristol Bay region, its residents and communities, as well as to state and local governments.

"In completing our comprehensive technical and legal review of the Final EIS for the Pebble Project, a document comprising more than 2,000 pages plus appendices, I can confirm that it describes a project of considerable merit that will fully protect important environmental values in the project area, that will create tremendous benefits for Alaska's people and governments, and one we expect to secure a positive Record of Decision later this summer," Thiessen said.

"But don't take my word for it. I encourage anyone with an interest in Pebble, in Bristol Bay fisheries, in the vibrant Indigenous cultures of southwest Alaska or the State of Alaska itself to find out for themselves by reading the Final EIS Executive Summary and supporting documents at pebbleprojecteis.com."

While the USACE is the lead federal regulator for the Pebble EIS process, much of the work behind the scenes was completed by AECOM – the 3rd party EIS contractor selected in early 2018. AECOM is a globally recognized engineering, environmental, construction and infrastructure development firm with a long history of providing regulatory compliance and other professional services associated with the development of large, complex mineral and oil and gas development projects in Alaska and the United States.

Thiessen said AECOM's extensive global experience and reputation as an engineering and environmental leader adds additional credibility to the EIS findings. He said the Final EIS, published July 24, 2020 is clear that development activities proposed at Pebble would not affect the number of adult salmon returning to Bristol Bay watersheds, nor the value of the fishery:

"Impacts to Bristol Bay salmon are not expected to be measurable…" (4.24-47)
"Other salmon fisheries in Alaska exist in conjunction with non-renewable resource extraction industries." (ES 86)

The Final EIS also concludes that Pebble's potential effects on fish and fisheries will be undetectable at the level of the Bristol Bay region as a whole (~40,000 sq. miles), within the two large drainage areas in which project facilities are located (~23,000 sq. miles), or even within the direct project area (~10 sq. miles):

"(The project) would not have measurable effects on the number of adult salmon returning to the Kvichak and Nushagak river systems as a result of project construction and operations, due the limited lineal footage of upper Koktuli River fish habitat affected by placement of fill." (4.6-9)
"The mine site area is not connected to the Togiak, Ugashik, Naknek, and Egegik watersheds and is not expected to affect fish populations or harvests from these watersheds." (Table 4.6-1, P4.6-4)
"Considering the physical characteristics and current fish use of habitat to be removed, the consequently low densities of juvenile Chinook and coho observed in the affected tributaries, and the few numbers of spawning coho observed (see Section 3.24, Fish Values), impacts to anadromous and resident fish populations from these direct habitat losses would not be measurable, and would be expected to fall within the range of natural variability." (4.24-46)

Similarly, the Final EIS finds that the proposed Pebble mine would not impact water resources in a manner that affects aquatic species or local communities:

"There would be no effects on any community groundwater or surface water supplies from the changes in groundwater flows at the mine site." (ES 67)
"With few exceptions, predicted changes in habitat in the modeled portion of the upper mainstem Koktuli River (upstream of the Swan River) are near zero or positive, suggesting that project effects from flow changes would not negatively impact reaches downstream of the NFK and SFK confluence, or in UTC." (4.24-13)

Pebble's potential to create 850 direct, high-wage jobs and 2,000 total jobs is widely expected to have a dramatic and positive impact, both regionally and state-wide. The Final EIS points to a range of other positive socioeconomic benefits:

"Reduced transportation costs would likely lower the high cost of living for the communities near the transportation corridor….The natural gas pipeline would also provide opportunities for adjacent communities to lower their winter heating costs, a positive impact." (4.3-3)
"Reduced transportation costs would lower the cost of living for these communities, all of which are minority and low income." (ES 53)
"Local employment opportunities could offset current trends of outmigration in some communities and provide service fee revenue to maintain or even improve community infrastructure." (4.3-6-4.3-7)
"In addition, an increased revenue stream to the LPB (Lake & Peninsula Borough), along with stabilization of population levels attributable to employment opportunities, could result in improvements to community health care facilities throughout the borough." (4.3-8)

The Final EIS finds an operating mine at Pebble would make significant contributions to local and state government revenues at a time when Alaska is facing a fiscal crisis related both to the COVID-19 pandemic and a substantial drop in oil and gas investment and commodity prices:

"An estimated $64 million annually in state corporate taxes during the operations phase. It was estimated that the operations phase could also generate $41 million annually from State mining license taxes. The project could generate $20 million annually (in 2011 dollars) in state royalty payments during the operations phase." (4.3-11)
"The project would generate $25 million annually in state taxes through construction, and $84 million annually in state taxes and royalty payments during the operations phase. The project would generate $27 million annually in severances taxes for the LPB during operations, and annual property tax revenue to the Kenai Peninsula Borough based on assessed value of project-related real property." (ES 47-48)

Importantly, the Final EIS makes clear the Pebble Partnership proposes to employ a tailings storage facility design and operating protocols that preclude the type and scale of catastrophic failure seen in recent years in Brazil and British Columbia:

"The Applicant's bulk TSF design is different than that of most other historic and current TSFs. The proposed design is especially distinct when compared to most historic mines that have experience large failures." (K4.27-4)
"Most historic failures have been from dams built by upstream construction methods. The Applicant would construct the bulk TSF embankments by downstream and centerline methods, not the upstream method." (K4.27-3)
"The Applicant has proposed a design for the bulk TSF that would minimize surface water storage above the tailings and promote unsaturated, or dryer, conditions in the bulk tailings through drainage provisions." (K4.27-4)

Pebble Partnership CEO Tom Collier noted the Final EIS for the Pebble Project represents the first time an independent, expert regulatory body has comprehensively reviewed a development plan put forward by the project's proponents. He called the document "the most relevant and defensible science-based assessment of the Pebble Project ever developed, and the administrative record upon which final permitting decisions will be made."

"I've been involved in countless EIS processes over the course of my career, and can attest to the rigor, the attention to detail and objective care that the USACE and other federal, state and local cooperating agencies have put into this review process," Collier said. "I have every confidence in the legitimacy and the integrity of the US Army Corps of Engineers' findings when it comes to Pebble, and that this Final EIS document will ultimately prevail against any challenge – legal or otherwise – as the most appropriate administrative record upon which final permitting decisions at Pebble should and will be made."

About Northern Dynasty Minerals Ltd.

Northern Dynasty is a mineral exploration and development company based in Vancouver, Canada. Northern Dynasty's principal asset, owned through its wholly owned Alaska-based U.S. subsidiary, Pebble Limited Partnership ("PLP"), is a 100% interest in a contiguous block of 2,402 mineral claims in southwest Alaska, including the Pebble deposit. PLP is the proponent of the Pebble Project, an initiative to develop one of the world's most important mineral resources.

For further details on Northern Dynasty and the Pebble Project, please visit the Company's website at www.northerndynastyminerals.com or contact Investor services at (604) 684-6365 or within North America at 1-800-667-2114. Review Canadian public filings at www.sedar.com and US public filings at www.sec.gov.

Ronald W. Thiessen
President & CEO

US Media Contact:
Dan Gagnier
Gagnier Communications
(646) 569-5897

Forward Looking Information and other Cautionary Factors

This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in its forward-looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of the ultimate size, quality or commercial feasibility of the Pebble Project, that the Pebble Project will secure all required government permits, or of the Company's future performance.

Assumptions used by NDM to develop forward-looking statements include the assumptions that (i) the Pebble Project will obtain all required environmental and other permits and all land use and other licenses without undue delay, (ii) studies for the development of the Pebble Project will be positive, (iii) NDM will be able to establish the commercial feasibility of the Pebble Project, and (iv) NDM will be able to secure the financing required to develop the Pebble Project. The likelihood of future mining at the Pebble Project is subject to a large number of risks and will require achievement of a number of technical, economic and legal objectives, including (i) obtaining necessary mining and construction permits, licenses and approvals without undue delay, including without delay due to third party opposition or changes in government policies, (ii) the completion of feasibility studies demonstrating the Pebble Project mineral reserves that can be economically mined, (iii) completion of all necessary engineering for mining and processing facilities, and (iv) receipt by NDM of significant additional financing to fund these objectives as well as funding mine construction, which financing may not be available to NDM on acceptable terms or on any terms at all. The Company is also subject to the specific risks inherent in the mining business as well as general economic and business conditions, as well as risks relating to the uncertainties with respect to the effects of COVID-19.

The National Environment Policy Act EIS process requires a comprehensive "alternatives assessment" be undertaken to consider a broad range of development alternatives, the final project design and operating parameters for the Pebble Project and associated infrastructure may vary significantly from that currently being advanced. As a result, the Company will continue to consider various development options and no final project design has been selected at this time.

For more information on the Company, Investors should review the Company's filings with the United States Securities and Exchange Commission and its home jurisdiction filings that are available at www.sedar.com

SOURCE: Northern Dynasty Minerals Ltd.

ReleaseID: 599408

Bronchoscopes Sales to Rise 1.5x Between 2018 and 2028; Potential Covid-19 Diagnostic Applications to Generate Lucrative Growth Opportunities – Future Market Insights

Bronchoscope manufacturers remain focused on development initiatives to improve product functionality and accuracy for higher adoption amid healthcare facilities.

DUBAI, UAE / ACCESSWIRE / July 29, 2020 / Future Market Insights: The bronchoscopes market is projected to expand by 1.5 to surpass a valuation of 441 Mn by the end of the forecast period in 2028. The covid-19 virus primary affects the human respiratory system. Consequently, the potential application of bronchoscopes in diagnostic and treatment procedures can potentially aid market growth throughout the crisis period. In addition, bronchoscopy applications in other chronic ailments will continue to contribute to revenue streams in the long term.

"Flexible bronchoscopes are increasingly taking over from their rigid counterparts, owing to superior functionality and applications in laser resection, biopsies, cauterization, and suctioning. Consequently, these devices are projected to witness greater demand despite higher costs," states the FMI analyst.

Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-7965

Bronchoscopes Market- Critical Takeaways

Fiberoptic flexible bronchoscopes are gaining strong demand owing to superior infection and tumor identification functionality.
Reusable bronchoscopes are witnessing high adoption rates, driven primarily by cost objectives of healthcare facilities.
North America is a key market for bronchoscopes owing to the prevalence of major market players and growing cases of lung tumors.

Bronchoscopes Market- Drivers

Improvements in terms of reimbursement policies for bronchoscopy procedures is a major factor boosting the adoption of bronchoscopes.
Growing incidences of respiratory ailments and frequent tech innovation in bronchoscope devices contribute to market growth.

Bronchoscopes Market- Restraints

Bronchoscopes remain limited in functionality, with difficulties in conducting bronchoscopies in areas such as upper lung lobes.
Shortage of adequately trained and experienced healthcare professionals holds back market growth.

Coronavirus Impact on Bronchoscopes Market

The coronavirus primarily impacts respiratory systems of patients, which in turn has created niche applications of bronchoscopes for diagnostics and treatments in non-urgent cases. On the other hand, the use of reusable bronchoscopes in potential Covid-19 cases has been found to increase the risk of transmission between patients and healthcare professionals, which limit usage. Further, applications in other chronic disorders will sustain demand and sales through the crisis period.

For information on the Research Approach used in the Report, Request Methodology@ https://www.futuremarketinsights.com/askus/rep-gb-7965

Competitive Landscape

Novatech SA, Olympus Corp., Rochling Group, Fujifilm Holdings Corp., Shanghai AoHua Photoelectricity Endoscope Co. Ltd., Teleflex Inc., Hoya Corp., KARL STORZ GmbH & Co. KG, and Richard Wolf GmbH are some of the leading bronchoscopes market players.

Manufacturers in the bronchoscopes market are increasingly investing in strategic industry collaborations towards research and development initiatives for product improvements.

For instance, Mauna Kea Technologies has collaborated with Johnson & Johnson for clinical trials on robotic navigational bronchoscopy devices. Similarly, Auris Health has announced its collaboration with Ethicon towards robot assisted bronchoscopy ablations. Also, Hitachi is working with Hoya Corp., towards the development of products such as ultrasound bronchoscope systems among others.

Get full Report Now@ https://www.futuremarketinsights.com/checkout/7965

About the Study

The study offers readers a comprehensive assessment of the bronchoscopes market. Global, regional and national-level analysis of the latest trends influencing the bronchoscopes market is covered in this FMI report. The study provides insights according to product type (non-video and video bronchoscopes), modality (rigid, flexible fiber, and mobile bronchoscopes), and end user (hospitals and outpatient centers) in five regions (North America, Latin America, Europe, Asia Pacific, and MEA).

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Mr. Abhishek Budholiya

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Press Release Source: https://www.futuremarketinsights.com/press-release/bronchoscopes-market

SOURCE: Future Market Insights

ReleaseID: 599424

Goldrich Mining Commissions Mining Plan and Initial Assessment for Chandalar Mine

SPOKANE, WA / ACCESSWIRE / July 29, 2020 / Goldrich Mining Company (OTC PINK:GRMC) ("Goldrich" or the "Company) announces it has commissioned Global Resources Engineering ("GRE") of Denver, Colorado to complete a mining plan and Initial Assessment for the Company's Chandalar Mine.

According to the new amendments adopted by the SEC to modernize the property disclosure requirements for mining registrants, the preparation of the Initial Assessment will allow Goldrich to disclose inferred, indicated and measured resources.

William Schara, CEO of Goldrich, notes, "Prior to the new amendments adopted by the SEC, Goldrich was not allowed to disclose resources. The new disclosure rules now allow us to disclose the resources we have discovered at Chandalar and give us the same advantage as companies who can disclose resources in other jurisdictions such as Canada or Australia."

Subject to the findings of the Initial Assessment, Goldrich will decide if a Preliminary Feasibility Study should also be prepared for the Chandalar Mine. A Preliminary Feasibility Study would allow Goldrich to disclose any reserves of the Chandalar Mine.

About Goldrich Mining
Goldrich Mining (OTC PINK:GRMC) is a U.S. based resource company focused on developing the Chandalar gold district in Alaska, USA. The Company controls a land package spanning 23,000 acres of highly prospective gold targets and historic mines. Goldrich is focused on building shareholder value by monetizing placer assets, generating non-dilutive funds, and working towards building a lode gold mine at Chandalar in addition to the existing placer gold mine already producing on site.

For additional information regarding Goldrich Mining Company or this news release, contact Mr. William Schara via telephone at (509) 768-4468 or info@goldrichmining.com.

Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward looking statements concern use of proceeds and potential exercise of the warrants. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, budgets, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might", "should" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking statements, including, without limitation:

risks related to our ability to continue as a going concern being in doubt;
risks related to our history of losses;
risks related to our outstanding gold forward sales contracts and notes;
risks related to need to raise additional capital to fund our exploration and, if warranted, development and production programs;
risks related to our property not having any proven or probable reserves;
risks related to our limited history of commercial production;
risks related to operating a mine;
risks related to accurately forecasting production;
risks related to our dependence on a single property – the Chandalar property;
risks related to climate and location restricting our exploration and, if warranted, development and production activities;
risks related to our mineralization estimates being based on limited drilling data;
risks related to our exploration activities not being commercially successful;
risks related to actual capital costs, production or economic return being different than projected;
risks related to our joint venture arrangements;
risks related to mineral exploration;
risks related to increased costs;
risks related to a shortage of equipment and supplies;
risks related to fluctuations in gold prices;
risks related to title to our properties being defective;
risks related to title to our properties being subject to claims;
risks related to estimates of mineralized material;
risks related to government regulation;
risks related to environmental laws and regulation;
risks related to land reclamation requirements;
risks related to future legislation regarding mining laws;
risks related to future legislation regarding climate change;
risks related to our lack of insurance coverage for all risks;
risks related to competition in the mining industry;
risks related to our dependence on key personnel;
risks related to our executive offices not dedicating 100% of their time to our company;
risks related to potential conflicts of interest with our directors and executive officers;
risks related to market conditions; and
risks related to our shares of common stock.

This list is not exhaustive of the factors that may affect our forward-looking statements. Some of the important risks and uncertainties that could affect forward-looking statements are discussed in the Company's latest Annual Report on Form 10-K and Quarterly Report on Form 10-Q and other documents filed with the U.S. Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected. We caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. We disclaim any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as required by law.

SOURCE: Goldrich Mining Company

ReleaseID: 599366

Agricultural Food Grade Rubber Conveyor Belt Market Slated to Surpass US$ 4.4 Bn through 2028, Long-term Durability Remains a Key Concern to End Users – Future Market Insights

Leading agricultural food grade rubber conveyor belt manufacturers are investing in product improvements with chemical and abrasion resistant coatings in compliance with regulators.

DUBAI, UAE / ACCESSWIRE / July 29, 2020 / Future Market Insights: The agricultural food grade rubber conveyor belt market is anticipated to witness a moderate downturn owing to disrupted supplies of raw materials, which will hurt production in the short term. However, investments from the government to sustain critical food supply chains will help sustain demand throughout the pandemic. In addition, demand from food processors will also contribute to sales during this period.

"Food grade conveyor belts are effective in preventing color or odor contamination to food materials in handling processes. Innovations to minimize the risk of bacterial growth, handling loads uniformly, and preventing moisture will help to sustain sales for the foreseeable future," says the FMI analyst.

Download a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-7995

Agricultural Food Grade Rubber Conveyor Belt – Primary Takeaways

Synthetic agricultural food grade rubber conveyor belts are gaining traction owing to capabilities to handle oily and chemically active foods.
Food processing applications are rapidly gaining ground, supported by the major influx of convenience foods and beverages.
Asia Pacific is a major market for agricultural food grade rubber conveyor belts, supported by a majorly agrarian economy and favorable government policies.

Agricultural Food Grade Rubber Conveyor Belt – Growth Factors

Innovations in terms of automation in the food industry, and increasing levels of agricultural yield supports demand.
Rising demand among consumers for convenience foods contributes to adoption of food grade rubber conveyor belts.

Agricultural Food Grade Rubber Conveyor Belt – Major Constraints

Agricultural food grade rubber conveyor belts are prone to disintegration over long term, use contaminating food products, resulting in recalls.
Competition from alternatives such as PU or PVC based food grade conveyor belts hinders market growth.

The Projected Impact of Coronavirus

The coronavirus is expected to have a negative influence on raw material supplies, which hinder production of rubber conveyor belts. In addition, volatility in food ingredients supplies will also hurt the adoption of conveyor systems in varied food and beverage industries that will impact demand in the short term. However, government efforts to ensure food supply chains and financial incentives to key industries will help sustain demand through the crisis period.

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Competition Landscape

The agricultural food grade rubber conveyor belt market comprises players including but not limited to Cobra Group, Continental AG, AmmeraalBeltech Group, Dorner Mfg. Corp., Derco BV., MAFDEL Reveyron SAS, Artego SA, Siban Peosa SA, SIG S.p.A, Telleborg Slovenija d.o.o., Volta Belting Technology Ltd., VIS GmbH, and Fenner plc.

Market players are increasingly investing in facility expansions, mergers, acquisitions, and product improvements to keep ahead in a fairly competitive landscape, and penetrate untapped markets.

For instance, Flexco has announced the expansion of its West Michigan facility which will bring together production and marketing of its offerings. Green-Rubber – Kennedy AG revealed its acquisition of Urethane Specialists Inc. Also, Dunlop Conveyor Belting has come up with a fireproof rubber conveyor belt product in compliance with industry safety standards.

More About the Study

The FMI study provides detailed insights on agricultural food grade rubber conveyor belt. The market is broken down in terms of product type (white food grade rubber conveyor & elevator belt, green food grade rubber conveyor & elevator belt, and standard black rubber conveyor & elevator belt), material type (natural rubber and synthetic rubber), application (harvesting equipment, processing equipment, material handling & packaging equipment, and bottling equipment) and end use (vegetables, fruits, sugar, food grains, salt, sugar beet, nuts, and others), across six key regions (North America, Latin America, Europe, South East Asia & Pacific, China, and MEA).

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Matcha Market to Witness Greater Sales as Consumers Spend More on Immunity Boosting Nutraceutical Supplements During Covid-19 Outbreak – Future Market Insights

Matcha product manufacturers will focus on widening the scope of applications for matcha to include food and personal care products to appeal to a wider consumer demographic during the pandemic.

DUBAI, UAE / ACCESSWIRE / July 29, 2020 / Future Market Insights: The matcha market is expected to witness steady demand for the foreseeable future, despite the threat of the coronavirus outbreak. Matcha is known among users for its polyphenol ingredients, which have proven to have a positive impact on lung function. As the coronavirus largely affects the respiratory system, the demand for matcha nutraceuticals and food products is likely to rise for the duration of the pandemic.

"Matcha comprises high levels of vitamins, minerals, antioxidants, and fibers which aids consumers in weight loss and healthier metabolism. Consequently, stronger demand for functional foods during the coronavirus outbreak will support demand for matcha during and after the pandemic," says the FMI analyst.

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Matcha Market – Primary Takeaways

Pan-fried matcha is gaining popularity, owing to extensive applications in tea products to boost flavor attributes.
Culinary grade matcha is witnessing faster growth, aided by use in bakery and instant snack products.
Asia Pacific is a leading market for matcha, aided by high levels of production and exports in China and Japan.

Matcha Market – Growth Factors

Growing awareness about chronic ailments such as heart disease, cancer, obesity, and diabetes is contributing to matcha consumption.
Niche applications of matcha in the personal care industry are creating key growth opportunities.

Matcha Market – Major Constraints

Strict government policies with regards to the production of matcha, particularly in Japan restrict profitability of the industry.
High dependence on climate conditions often results in price volatility, which hinders market growth.

The Projected Impact of Coronavirus

The matcha industry is expected to be moderately impacted by the coronavirus pandemic. The risk of contagion has resulted in a shortage of workers in the matcha cultivation industry. Lockdown restrictions have impacted harvests in 2020, which will hurt supplies in the short term. On the other hand, the nutritional and immunity boosting benefits of matcha products will help to sustain demand throughout and after the crisis period.

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Competition Landscape

The matcha market comprises players including but not limited to The Republic of Tea, ITO EN Ltd., Matchaah Holdings Inc., Tata Global Beverages Ltd., McCormick & Co. Inc., Starbucks Corp., The AOI Tea Company, Hain Celestial Group Inc., and Unilever plc.

Market players are investing in the development of new, novel products in the nutraceutical, food, and personal care sectors. In addition, cultivation of organic matcha will also gain prominence in the near future.

For instance, Gion Tsujiri has collaborated with Toshi Yoroizuka and Mister Donut, to create a range of matcha donuts for consumers in Japan. Z Natural Foods has unveiled a new organic matcha green tea latte powder. Further, Sephora has revealed a range of 11 matcha-based personal care products including lip balms, face masks, and shampoo.

More About the Study

The FMI study provides detailed insights on matcha market. The market is broken down in terms of grade (ceremonial, classic, café, and culinary), nature (organic and conventional), end use (food processing, beverage processing, personal care, food service, institutional, and household), packaging (bulk bags, cartons, sachets, standup pouches, and tins) and sales channel (direct and indirect sales) across eight key regions (North America, Latin America, Western Europe, Eastern Europe, China, Japan, South East Asia & Rest of Asia Pacific, and MEA).

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About Future Market Insights

Expert analysis, actionable insights, and strategic recommendations of the experienced research team at FMI helps clients from across the globe with their unique business intelligence requirements. With a repository of more than thousand reports and 1 million+ data points, the team has studied the food and beverage sector across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

Contact

Mr. Abhishek Budholiya

Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

MARKET ACCESS DMCC Initiative

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