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News Article | May 8, 2017
Site: globenewswire.com

VANCOUVER, B.C., May 08, 2017 (GLOBE NEWSWIRE) -- Dan Blondal, CEO of Nano One Materials (TSX-V:NNO) (Frankfurt:LBMB) (OTC:NNOMF), today announced that the construction of its pilot plant is now complete, commissioning of equipment began in April and demonstration of its patented technology is underway. Mr. Blondal also confirmed that Nano One has begun receiving contribution payments for its pilot project from the Automotive Supplier’s Innovation Program (ASIP) of Innovation, Science and Economic Development Canada (ISED). To view an enhanced version of this image, please visit: https://orders.newsfilecorp.com/files/3606/26643_a1494221871928_96.jpg. Mr. Robin Sweeny, Nano One’s pilot plant project manager, said “All of the pilot components are now installed, interconnected, and instrumented. Circuits have been energized and the water batching process and testing of motors is now underway. The pilot will showcase Nano One’s patented technology, simulate full scale production of cathode materials for the electric vehicle market, and initiate commercial scale-up opportunities with strategic interests. Nano One’s process also enables a wider range of lithium raw material sources which is drawing attention from the battery supply chain.”   The total ASIP contribution will be up to $1.9 million and complements that from Sustainable Development Technology Canada (SDTC) up to $2.1M. These contributions support the design, construction and operation of the pilot plant, are non-dilutive and non-repayable, and will be disbursed over the duration of the project. Nano One’s patented process uses equipment common to industry and is designed with flexibility to demonstrate a variety of processing concepts and chemistries. This flexibility enables Nano One to adapt to market needs and produce a range of cathode materials, including lithium nickel-rich manganese cobalt oxide, high voltage spinel and lithium iron phosphate. The innovations lie in a simple water based process that enables a wider range of raw material inputs, eliminates manufacturing steps and provides high purity high performance materials. Nano One has been granted three patents covering process, materials and batteries and is actively developing other novel technologies to bolster its portfolio of intellectual property. Nano One has designed and constructed the pilot in collaboration with NORAM Engineering and its subsidiary BC Research. “Completing the pilot plant construction is a critical step towards commercial success and we would like to thank our team, collaborators and supporters,” added Mr. Blondal. “This continues to derisk our technology which we believe will lead to increased shareholder value. We are on budget, well positioned and looking forward to demonstrating our technology to stakeholders in the lithium ion battery market.” For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 669-2701 or visit the website at www.nanoone.ca. Nano One Materials Corp. (“Nano One” or “the Company”) is developing patented technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The processing technology addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium ion batteries. The process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and Nano One is building a pilot plant to demonstrate high volume production. The pilot plant is being funded with the assistance and support of Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program. Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca The Automotive Supplier Innovation Program (“ASIP”) was created as part of the Canadian Federal Government’s Economic Action Plan 2015. The program is providing up to $100 million over five years (2015-2020) to encourage Canadian automotive suppliers to develop new innovative products and processes that will make Canada more competitive on a global scale. The program will help research and development projects to become commercially viable by supporting product development and technology demonstration on a cost-shared basis with participating firms. For more information, please visit http://www.ic.gc.ca/eic/site/auto-auto.nsf/eng/h_am02377.html NORAM Engineering and Constructors Ltd. and their subsidiary, BC Research Inc., supply proprietary engineering and equipment packages to the chemical, pulp and paper, minerals processing and electrochemical sectors. They are recognized worldwide as a leader in the fields of nitration, sulfuric acid and electrochemistry. In addition to carrying out large assignments for major multi-national clients, NORAM and BC Research work with early-stage technology companies. They provide engineering design and fabrication support, sharing their experience in technology commercialization, and growing with companies as a strategic partner. Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the actual receipt of the grant monies, the execution of the Company’s plans which are contingent on the receipt of such monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the completion of final documentation with SDTC and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE


News Article | May 8, 2017
Site: globenewswire.com

VANCOUVER, B.C., May 08, 2017 (GLOBE NEWSWIRE) -- Dan Blondal, CEO of Nano One Materials (TSX-V:NNO) (Frankfurt:LBMB) (OTC:NNOMF), today announced that the construction of its pilot plant is now complete, commissioning of equipment began in April and demonstration of its patented technology is underway. Mr. Blondal also confirmed that Nano One has begun receiving contribution payments for its pilot project from the Automotive Supplier’s Innovation Program (ASIP) of Innovation, Science and Economic Development Canada (ISED). To view an enhanced version of this image, please visit: https://orders.newsfilecorp.com/files/3606/26643_a1494221871928_96.jpg. Mr. Robin Sweeny, Nano One’s pilot plant project manager, said “All of the pilot components are now installed, interconnected, and instrumented. Circuits have been energized and the water batching process and testing of motors is now underway. The pilot will showcase Nano One’s patented technology, simulate full scale production of cathode materials for the electric vehicle market, and initiate commercial scale-up opportunities with strategic interests. Nano One’s process also enables a wider range of lithium raw material sources which is drawing attention from the battery supply chain.”   The total ASIP contribution will be up to $1.9 million and complements that from Sustainable Development Technology Canada (SDTC) up to $2.1M. These contributions support the design, construction and operation of the pilot plant, are non-dilutive and non-repayable, and will be disbursed over the duration of the project. Nano One’s patented process uses equipment common to industry and is designed with flexibility to demonstrate a variety of processing concepts and chemistries. This flexibility enables Nano One to adapt to market needs and produce a range of cathode materials, including lithium nickel-rich manganese cobalt oxide, high voltage spinel and lithium iron phosphate. The innovations lie in a simple water based process that enables a wider range of raw material inputs, eliminates manufacturing steps and provides high purity high performance materials. Nano One has been granted three patents covering process, materials and batteries and is actively developing other novel technologies to bolster its portfolio of intellectual property. Nano One has designed and constructed the pilot in collaboration with NORAM Engineering and its subsidiary BC Research. “Completing the pilot plant construction is a critical step towards commercial success and we would like to thank our team, collaborators and supporters,” added Mr. Blondal. “This continues to derisk our technology which we believe will lead to increased shareholder value. We are on budget, well positioned and looking forward to demonstrating our technology to stakeholders in the lithium ion battery market.” For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 669-2701 or visit the website at www.nanoone.ca. Nano One Materials Corp. (“Nano One” or “the Company”) is developing patented technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The processing technology addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium ion batteries. The process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and Nano One is building a pilot plant to demonstrate high volume production. The pilot plant is being funded with the assistance and support of Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program. Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca The Automotive Supplier Innovation Program (“ASIP”) was created as part of the Canadian Federal Government’s Economic Action Plan 2015. The program is providing up to $100 million over five years (2015-2020) to encourage Canadian automotive suppliers to develop new innovative products and processes that will make Canada more competitive on a global scale. The program will help research and development projects to become commercially viable by supporting product development and technology demonstration on a cost-shared basis with participating firms. For more information, please visit http://www.ic.gc.ca/eic/site/auto-auto.nsf/eng/h_am02377.html NORAM Engineering and Constructors Ltd. and their subsidiary, BC Research Inc., supply proprietary engineering and equipment packages to the chemical, pulp and paper, minerals processing and electrochemical sectors. They are recognized worldwide as a leader in the fields of nitration, sulfuric acid and electrochemistry. In addition to carrying out large assignments for major multi-national clients, NORAM and BC Research work with early-stage technology companies. They provide engineering design and fabrication support, sharing their experience in technology commercialization, and growing with companies as a strategic partner. Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the actual receipt of the grant monies, the execution of the Company’s plans which are contingent on the receipt of such monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the completion of final documentation with SDTC and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE


News Article | May 8, 2017
Site: globenewswire.com

VANCOUVER, B.C., May 08, 2017 (GLOBE NEWSWIRE) -- Dan Blondal, CEO of Nano One Materials (TSX-V:NNO) (Frankfurt:LBMB) (OTC:NNOMF), today announced that the construction of its pilot plant is now complete, commissioning of equipment began in April and demonstration of its patented technology is underway. Mr. Blondal also confirmed that Nano One has begun receiving contribution payments for its pilot project from the Automotive Supplier’s Innovation Program (ASIP) of Innovation, Science and Economic Development Canada (ISED). To view an enhanced version of this image, please visit: https://orders.newsfilecorp.com/files/3606/26643_a1494221871928_96.jpg. Mr. Robin Sweeny, Nano One’s pilot plant project manager, said “All of the pilot components are now installed, interconnected, and instrumented. Circuits have been energized and the water batching process and testing of motors is now underway. The pilot will showcase Nano One’s patented technology, simulate full scale production of cathode materials for the electric vehicle market, and initiate commercial scale-up opportunities with strategic interests. Nano One’s process also enables a wider range of lithium raw material sources which is drawing attention from the battery supply chain.”   The total ASIP contribution will be up to $1.9 million and complements that from Sustainable Development Technology Canada (SDTC) up to $2.1M. These contributions support the design, construction and operation of the pilot plant, are non-dilutive and non-repayable, and will be disbursed over the duration of the project. Nano One’s patented process uses equipment common to industry and is designed with flexibility to demonstrate a variety of processing concepts and chemistries. This flexibility enables Nano One to adapt to market needs and produce a range of cathode materials, including lithium nickel-rich manganese cobalt oxide, high voltage spinel and lithium iron phosphate. The innovations lie in a simple water based process that enables a wider range of raw material inputs, eliminates manufacturing steps and provides high purity high performance materials. Nano One has been granted three patents covering process, materials and batteries and is actively developing other novel technologies to bolster its portfolio of intellectual property. Nano One has designed and constructed the pilot in collaboration with NORAM Engineering and its subsidiary BC Research. “Completing the pilot plant construction is a critical step towards commercial success and we would like to thank our team, collaborators and supporters,” added Mr. Blondal. “This continues to derisk our technology which we believe will lead to increased shareholder value. We are on budget, well positioned and looking forward to demonstrating our technology to stakeholders in the lithium ion battery market.” For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 669-2701 or visit the website at www.nanoone.ca. Nano One Materials Corp. (“Nano One” or “the Company”) is developing patented technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The processing technology addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium ion batteries. The process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and Nano One is building a pilot plant to demonstrate high volume production. The pilot plant is being funded with the assistance and support of Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program. Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca The Automotive Supplier Innovation Program (“ASIP”) was created as part of the Canadian Federal Government’s Economic Action Plan 2015. The program is providing up to $100 million over five years (2015-2020) to encourage Canadian automotive suppliers to develop new innovative products and processes that will make Canada more competitive on a global scale. The program will help research and development projects to become commercially viable by supporting product development and technology demonstration on a cost-shared basis with participating firms. For more information, please visit http://www.ic.gc.ca/eic/site/auto-auto.nsf/eng/h_am02377.html NORAM Engineering and Constructors Ltd. and their subsidiary, BC Research Inc., supply proprietary engineering and equipment packages to the chemical, pulp and paper, minerals processing and electrochemical sectors. They are recognized worldwide as a leader in the fields of nitration, sulfuric acid and electrochemistry. In addition to carrying out large assignments for major multi-national clients, NORAM and BC Research work with early-stage technology companies. They provide engineering design and fabrication support, sharing their experience in technology commercialization, and growing with companies as a strategic partner. Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the actual receipt of the grant monies, the execution of the Company’s plans which are contingent on the receipt of such monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the completion of final documentation with SDTC and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE


News Article | May 8, 2017
Site: globenewswire.com

VANCOUVER, B.C., May 08, 2017 (GLOBE NEWSWIRE) -- Dan Blondal, CEO of Nano One Materials (TSX-V:NNO) (Frankfurt:LBMB) (OTC:NNOMF), today announced that the construction of its pilot plant is now complete, commissioning of equipment began in April and demonstration of its patented technology is underway. Mr. Blondal also confirmed that Nano One has begun receiving contribution payments for its pilot project from the Automotive Supplier’s Innovation Program (ASIP) of Innovation, Science and Economic Development Canada (ISED). To view an enhanced version of this image, please visit: https://orders.newsfilecorp.com/files/3606/26643_a1494221871928_96.jpg. Mr. Robin Sweeny, Nano One’s pilot plant project manager, said “All of the pilot components are now installed, interconnected, and instrumented. Circuits have been energized and the water batching process and testing of motors is now underway. The pilot will showcase Nano One’s patented technology, simulate full scale production of cathode materials for the electric vehicle market, and initiate commercial scale-up opportunities with strategic interests. Nano One’s process also enables a wider range of lithium raw material sources which is drawing attention from the battery supply chain.”   The total ASIP contribution will be up to $1.9 million and complements that from Sustainable Development Technology Canada (SDTC) up to $2.1M. These contributions support the design, construction and operation of the pilot plant, are non-dilutive and non-repayable, and will be disbursed over the duration of the project. Nano One’s patented process uses equipment common to industry and is designed with flexibility to demonstrate a variety of processing concepts and chemistries. This flexibility enables Nano One to adapt to market needs and produce a range of cathode materials, including lithium nickel-rich manganese cobalt oxide, high voltage spinel and lithium iron phosphate. The innovations lie in a simple water based process that enables a wider range of raw material inputs, eliminates manufacturing steps and provides high purity high performance materials. Nano One has been granted three patents covering process, materials and batteries and is actively developing other novel technologies to bolster its portfolio of intellectual property. Nano One has designed and constructed the pilot in collaboration with NORAM Engineering and its subsidiary BC Research. “Completing the pilot plant construction is a critical step towards commercial success and we would like to thank our team, collaborators and supporters,” added Mr. Blondal. “This continues to derisk our technology which we believe will lead to increased shareholder value. We are on budget, well positioned and looking forward to demonstrating our technology to stakeholders in the lithium ion battery market.” For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 669-2701 or visit the website at www.nanoone.ca. Nano One Materials Corp. (“Nano One” or “the Company”) is developing patented technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The processing technology addresses fundamental supply chain constraints by enabling wider raw materials specifications for use in lithium ion batteries. The process can be configured for a range of different nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and Nano One is building a pilot plant to demonstrate high volume production. The pilot plant is being funded with the assistance and support of Sustainable Development Technology Canada (SDTC) and the Automotive Supplier Innovation Program. Nano One also receives financial support from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca The Automotive Supplier Innovation Program (“ASIP”) was created as part of the Canadian Federal Government’s Economic Action Plan 2015. The program is providing up to $100 million over five years (2015-2020) to encourage Canadian automotive suppliers to develop new innovative products and processes that will make Canada more competitive on a global scale. The program will help research and development projects to become commercially viable by supporting product development and technology demonstration on a cost-shared basis with participating firms. For more information, please visit http://www.ic.gc.ca/eic/site/auto-auto.nsf/eng/h_am02377.html NORAM Engineering and Constructors Ltd. and their subsidiary, BC Research Inc., supply proprietary engineering and equipment packages to the chemical, pulp and paper, minerals processing and electrochemical sectors. They are recognized worldwide as a leader in the fields of nitration, sulfuric acid and electrochemistry. In addition to carrying out large assignments for major multi-national clients, NORAM and BC Research work with early-stage technology companies. They provide engineering design and fabrication support, sharing their experience in technology commercialization, and growing with companies as a strategic partner. Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the actual receipt of the grant monies, the execution of the Company’s plans which are contingent on the receipt of such monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the completion of final documentation with SDTC and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE


News Article | May 15, 2017
Site: www.businesswire.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Zymeworks Inc. (“Zymeworks”) (NYSE: ZYME; TSX: ZYME) a clinical-stage biopharmaceutical company dedicated to the discovery, development and commercialization of next-generation multifunctional biotherapeutics, initially focused on the treatment of cancer, today reported financial results for the first quarter ended March 31, 2017. “ During the first quarter, among other highlights, we received top-line data from the dose escalation stage of our on-going Phase 1 clinical trial of our lead product candidate, ZW25,” said Ali Tehrani, Ph.D., Zymeworks’ President & CEO. “ ZW25 has demonstrated preliminary anti-tumor activity across multiple cancer types in HER2 expressing patients who have progressed after several lines of treatment with HER2-targeted therapies.” On May 3, 2017, subsequent to the first quarter, Zymeworks completed its initial public offering and sold 4,500,000 common shares at a price of $13.00 per share. In addition, Zymeworks has granted the underwriters an option, exercisable within 30 days of the date of its final prospectus relating to the IPO, to purchase up to an additional 675,000 common shares. All amounts are in U.S. dollars. Zymeworks’ unaudited condensed consolidated financial statements are prepared in accordance with accounting principals generally accepted in the United States (“U.S. GAAP”). Revenues for the first quarter ended March 31, 2017 were $0.2 million compared to $0.3 million for the same period of 2016. The decrease in collaboration revenue of $0.1 million is due to a $0.3 million decrease in research support payments from Merck, which was partially offset by the increase in research support payments of $0.2 million from Daiichi. Research and development expenditures for the first quarter ended March 31, 2017 were $9.1 million, compared to $7.9 million for the same period in 2016. The increase of $1.2 million, was primarily due to increased activities associated with our therapeutic platforms and early-stage research and discovery programs, recorded in other research activities. General and administrative expenses in the first quarter ended March 31, 2017 were $6.3 million compared to $2.1 million for the same period in 2016. General and administrative expenses increased by $4.2 million, compared to the same period in 2016, primarily due to an increase in professional fees and compensation costs. The compensation cost increase was the result of higher share-based compensation expenses due to reclassification under U.S. GAAP of certain awards from equity to liability for accounting purposes as well as certain new hires. The increase in professional fees over the same period in 2016 was associated with consulting services as well as legal, intellectual property, assurance and taxation services. Net loss for the three months ended March 31, 2017 was $15.9 million. Zymeworks expects that over the next several years, research and development expenditures will increase in connection with the ongoing development of product candidates and other clinical, preclinical and regulatory activities. As of March 31, 2017, Zymeworks had $26.8 million in cash and cash equivalents and short-term investments, as well as $1.9 million in SR&ED and IRAP receivables. On May 3, 2017, subsequent to the first quarter, Zymeworks completed its initial public offering for a total of $58.5 million in aggregate gross proceeds. Zymeworks will host a conference call today at 4:30 p.m. ET (1:30 p.m. PT) to discuss these first quarter financial results and provide a corporate update. The live call may be accessed by dialing 1-800-319-4610 for North American callers, or 1-604-638-5340 for international callers. Callers should dial in five to ten minutes prior to the scheduled start time, and ask to join the Zymeworks conference call. A telephone replay of the conference call will be available by dialing 1-800-319-6413 or 1-604-638-9010 and entering access code 1440. The replay will be available after the conclusion of the conference call until May 29, 2017. Zymeworks is a clinical-stage biopharmaceutical company dedicated to the discovery, development and commercialization of next-generation multifunctional biotherapeutics, initially focused on the treatment of cancer. Zymeworks’ suite of complementary therapeutic platforms and its fully-integrated drug development engine provide the flexibility and compatibility to precisely engineer and develop highly-differentiated product candidates. Zymeworks’ lead product candidate, ZW25, is a novel bispecific antibody currently being evaluated in an adaptive Phase 1 clinical trial. Zymeworks is also advancing a deep pipeline of preclinical product candidates and discovery-stage programs in immuno-oncology and other therapeutic areas. In addition to Zymeworks’ wholly-owned pipeline, its therapeutic platforms have been further leveraged through multiple strategic partnerships with global biopharmaceutical companies. This press release includes “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of Canadian securities laws, or collectively, forward-looking statements. Forward-looking statements include statements that relate to our expected research and development expenditures and other information that is not historical information. In addition, any statements or information that refer to expectations, beliefs, plans, projections, objectives, performance or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking. All forward-looking statements are based upon our current expectations and various assumptions. We believe there is a reasonable basis for our expectations and beliefs, but they are inherently uncertain. We may not realize our expectations, and our beliefs may not prove correct. Actual results could differ materially from those described or implied by such forward-looking statements as a result of various factors, including, without limitation, market conditions and the factors described under “Risk Factors” in our registration statement on Form F-1 and in our supplemented PREP prospectus dated April 27, 2017 filed in connection with our initial public offering on May 3, 2017 (copies of which filings may be obtained at www.sec.gov and www.sedar.com). Consequently, forward-looking statements should be regarded solely as our current plans, estimates and beliefs. You should not place undue reliance on forward-looking statements. We cannot guarantee future results, events, levels of activity, performance or achievements. We do not undertake and specifically decline any obligation to update, republish or revise any forward-looking statements to reflect new information, future events or circumstances or to reflect the occurrences of unanticipated events, except as may be required by law.


For the audio version of today's news release please visit http://nexoptic.com/investors/news/ NexOptic Technology Corp. ("NexOptic") ( : NXOPF) (TSX VENTURE: NXO) ( : E301) ( : E301) and Spectrum Optix Inc. of Calgary, Canada ("Spectrum,") and together with NexOptic, the "Companies") are pleased to announce that NexOptic has been selected for inclusion in the 2017 TSX Venture 50®, a ranking of the top performers on the TSX Venture Exchange. NexOptic is ranked second overall in the technology sector. "Our shareholders along with our diverse team of professionals made this distinction possible. We are all honoured to be recognized by the TSX Venture Exchange in this manner." stated Paul McKenzie, CEO of NexOptic. He continued: "The many accomplishments we've achieved are now the strong foundation from which we intend to keep building." The 2017 TSX Venture 50® is a ranking of top performers on the TSX Venture Exchange. These companies have shown results in key measures of market performance. The ranking is comprised of 10 companies from each of the five industry sectors, and they were selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume. On average, these companies have delivered a market cap change of 542% in 2016. The shares of these companies also enjoy a liquid market, with a total of 2.4 billion shares trading over the course of 2016. NexOptic further announces that approximately 64% of outstanding warrants having been issued at three separate intervals and strike prices since February of 2015 have subsequently been exercised. Total proceeds from these exercises are $2,875,613. The Company currently has 64,353,706 shares issued and outstanding. Please visit www.sedar.com and/or NexOptic's website www.nexoptic.com to view our financial statements and to find additional information on NexOptic's share structure. NexOptic is pleased to be joining the Four Points by Sheraton, Nestle Pure Life and other global and regional brands in sponsoring the 2017 Bangkok International Rugby Tens. This annual tournament hosts over 100 men, women and children's teams from around the world and is expected to be televised into over 50,000 homes throughout several Asian markets. The proceeds from this non-profit event support the Nak Suu Rugby Academy of Bangkok, Thailand which encourages and educates at risk children in positive life choices, values, and skills. The tournament commences on February 24th, 2017. Further to the Companies joint news release issued on April 12, 2016, Spectrum Optix received a non-repayable financial contribution of up to $50,000 from the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). The Companies are grateful for having been supported and recognized in such a manner by the Government of Canada. For further information on the Top Ranking TSX 50 Recipients, please visit www.tsxventure50.com NexOptic is a publicly traded company, which has an option to acquire, in the aggregate, 100% of Spectrum Optix Inc., a private corporation. The Companies are, in essence, working as a single corporation at this time, with their respective CEOs sitting on each other's boards of directors. Please see NexOptic's news release dated November 18, 2014 for additional details regarding this relationship. Spectrum is developing technologies relating to imagery and light concentration applications. Utilizing its patent-pending Blade Optics™ technology, which contains flat lenses, the company aims to disrupt conventional lens and image capture-based systems. Spectrum is currently in the final stage of completing its proof of concept digital telescope prototype that will utilize its patent pending Blade Optics™ technology, other optical elements and electronic components. The prototype is intended to demonstrate the marketable features of Spectrum's Blade Optics™ technology and its potential to serve as a platform to be used in various optical applications. The Companies' believe that Blade Optics™ has the potential to breakdown many of the limitations associated with conventional, curved lens stacks, including: NexOptic trades on the OTCQB under the symbol "NXOPF," on the TSX Venture as "NXO," on Frankfurt as "E301" and Berlin as "E301." More information is available at www.nexoptic.com On behalf of the Boards of Directors This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws, including, but not limited to, statements with respect to expectations concerning the development of its technology, the development of the prototype, the potential applications of Spectrum's technologies and the technology's potential market impacts. The reader is cautioned that forward looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward looking statements. Forward looking statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Companies operate and are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations, including, among others: risks commonly associated with the development of new technologies, including that the prototype development is at an early stage and additional work will be required to confirm potential applications and feasibility of Spectrum's technologies; the Companies may not be able complete the prototype as currently expected; the potential applications are based on limited studies and may not be representative of the broader market; the risk that the prototype may not achieve results expected by the Companies; the Companies may not be able to commercialize their technology even if the prototype is successful; NexOptic may not have access to necessary financing on acceptable terms or at all, including, in order to exercise the options under NexOptic's formal agreement with Spectrum and its shareholders or the conditions to NexOptic's options to acquire Spectrum shares may not be otherwise satisfied; and other risks inherent with the patent process, transactions of this type and the business of Spectrum and/or NexOptic. Such forward looking statements should therefore be construed in light of such factors. Other than in accordance with its legal or regulatory obligations, NexOptic is not under any obligation and it expressly disclaims any intention or obligation to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.


MOU with US National Lab Follows Canadian Government Grant Supporting Amy's EV Battery Recycling Work VANCOUVER, BC / ACCESSWIRE / March 2, 2017 / Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. ("American Manganese" or "AMI" or the "Company") (TSX-V: AMY; OTC PINK: AMYZF; Frankfurt: 2AM), is pleased to announce that the Company has entered into a Memorandum of Understanding ("MOU") with Ames Laboratory, a U.S. Department of Energy National Laboratory, operated by Iowa State University. Ames is the lead national laboratory for the Critical Materials Institute, a U.S. Department of Energy Innovation hub established by Congress in 2013. The Agreement allows both parties to share an interest in collaborating in the area of materials science to synergistically augment the scope and expertise of each organization and to enhance the technological development of both organizations; Both parties recognize that the recovery and reclamation of metals and minerals from spent lithium-ion batteries represents a significant source of critical materials; and Both parties share an interest in collaborating in the exploration of electric vehicle (EV) battery materials recycling options from spent electric vehicle lithium ion batteries having cathode chemistries such as: Lithium-Cobalt, Lithium-Cobalt-Nickel-Manganese, and Lithium-Manganese. The MOU with the U.S. Government's Ames Lab follows last month's award to American Manganese from the Canadian Government's National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) for the continued development of the Company's spent electric vehicle battery cathode materials recycling technology. Ames Laboratory is a U.S. Department of Energy Office of Science national laboratory operated by Iowa State University. Ames Laboratory creates innovative materials, technologies, and energy solutions using its expertise, unique capabilities, and interdisciplinary collaborations to solve global problems. The Critical Materials Institute is a Department of Energy Innovation Hub led by the U.S. Department of Energy's Ames Laboratory. CMI seeks ways to eliminate and reduce reliance on rare-earth metals and other materials critical to the success of clean energy technologies. American Manganese Inc. is a diversified specialty and critical metal company focused on capitalizing on its patented intellectual property through low cost production or recovery of electrolytic manganese products throughout the world, and recycling of spent electric vehicle lithium ion rechargeable batteries. Interest in the Company's patented process has adjusted the focus of American Manganese Inc. toward the examination of applying its patented technology for other purposes and materials. American Manganese Inc. aims to capitalize on its patented technology and proprietary know-how to become an industry leader in the recycling of spent electric vehicle lithium ion batteries having cathode chemistries, such as: Lithium-Cobalt, Lithium-Cobalt-Nickel-Manganese, Lithium-Cobalt-Aluminum, and Lithium-Manganese (Please see the Company's January 19, 2016 press release for further details). On behalf of Management AMERICAN MANGANESE INC. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements," which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.


The Agreement allows both parties to share an interest in collaborating in the area of materials science to synergistically augment the scope and expertise of each organization and to enhance the technological development of both organizations; Both parties recognize that the recovery and reclamation of metals and minerals from spent lithium-ion batteries represents a significant source of critical materials; and Both parties share an interest in collaborating in the exploration of electric vehicle (EV) battery materials recycling options from spent electric vehicle lithium ion batteries having cathode chemistries such as: Lithium-Cobalt, Lithium-Cobalt-Nickel-Manganese, and Lithium-Manganese. The MOU with the U.S. Government's Ames Lab follows last month's award to American Manganese from the Canadian Government's National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) for the continued development of the Company's spent electric vehicle battery cathode materials recycling technology. Ames Laboratory is a U.S. Department of Energy Office of Science national laboratory operated by Iowa State University. Ames Laboratory creates innovative materials, technologies, and energy solutions using its expertise, unique capabilities, and interdisciplinary collaborations to solve global problems. The Critical Materials Institute is a Department of Energy Innovation Hub led by the U.S. Department of Energy's Ames Laboratory. CMI seeks ways to eliminate and reduce reliance on rare-earth metals and other materials critical to the success of clean energy technologies. American Manganese Inc. is a diversified specialty and critical metal company focused on capitalizing on its patented intellectual property through low cost production or recovery of electrolytic manganese products throughout the world, and recycling of spent electric vehicle lithium ion rechargeable batteries. Interest in the Company's patented process has adjusted the focus of American Manganese Inc. toward the examination of applying its patented technology for other purposes and materials. American Manganese Inc. aims to capitalize on its patented technology and proprietary know-how to become an industry leader in the recycling of spent electric vehicle lithium ion batteries having cathode chemistries, such as: Lithium-Cobalt, Lithium-Cobalt-Nickel-Manganese, Lithium-Cobalt-Aluminum, and Lithium-Manganese (Please see the Company's January 19, 2016 press release for further details). On behalf of Management AMERICAN MANGANESE INC. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain "forward-looking statements," which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.


News Article | January 25, 2017
Site: globenewswire.com

VANCOUVER, British Columbia, Jan. 25, 2017 (GLOBE NEWSWIRE) -- Dr. Stephen Campbell, Principal Scientist at Nano One Materials (TSX-V:NNO) (Frankfurt:LBMB) (OTCBB:NNOMF), today announced an innovation that significantly increases throughput and further decreases the cost of Nano One’s process for the fabrication of lithium ion battery materials. This is new Intellectual Property that also improves the performance of resulting materials and it has been filed provisionally with the U.S. Patent Office. “This is an important enhancement to our processing technology that will reduce capital costs, processing steps and operating costs of our production size plants,” said Dr. Campbell. “We have also seen improved battery performance from the resulting cathode materials.” To view an enhanced version of this image [Initial discharge curves showing improved performance of High Voltage Spinel (LiNi Mn O ) using Nano One’s advanced process.], please visit: http://orders.newsfilecorp.com/files/3606/24708_a1485306669584_29.jpg Preliminary cell data shown here indicates increased power for Cobalt Free, High Voltage Spinel made with this new process. “This innovation also applies to the fabrication of the full range of lithium ion cathode materials, including spinels, lithium iron phosphates (LFP) and all formulations of nickel manganese cobaltate (NMC),” added Dr. Campbell. “We expect to boost capacity of the pilot plant that is under construction, which we will then be able to demonstrate to strategic interests looking for technology, cost and performance advantages.” This improvement builds on previously issued patents and it expands the company’s intellectual property portfolio. It was filed as a Provisional U.S. Patent Application directed to advances in the proprietary process for the fabrication of nanopowders for lithium ion battery (LIB) cathodes. These technology advances were developed with the ongoing support of National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) under the Cobalt Free High Voltage Spinel project announced on June 30, 2016. “We are grateful for IRAP’s support,” said CEO Dan Blondal. “I also want to thank the Nano One team for their dedication and innovative approach. This is a substantial development that adds considerable value to our core processing technology. I look forward to seeing it in action as we ramp up demonstrations of the pilot plant in 2017.” For information with respect to Nano One or the contents of this news release, please contact John Lando (President) at (604) 669-2701 or visit the website at www.nanoone.ca. Nano One Materials Corp (“Nano One” or “the Company”) is developing novel and scalable processing technology for the low-cost production of high performance battery materials used in electric vehicles, energy storage and consumer electronics. The patented technology can be configured for a wide range of nanostructured materials and has the flexibility to shift with emerging and future battery market trends and a diverse range of other growth opportunities. The novel three-stage process uses equipment common to industry and is being engineered for high volume production and rapid commercialization. Nano One’s mission is to establish its patented technology as a leading platform for the global production of a new generation of nanostructured composite materials. For more information, please visit www.nanoone.ca National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP) is Canada’s premier innovation assistance program for small and medium-sized enterprises. For over 60 years, IRAP has been stimulating wealth creation for Canada through technological innovation. This is largely accomplished by providing technology assistance and financial support to small and medium-sized enterprises at all stages of the innovation process, to build their innovation capacity. IRAP helps small and medium-sized enterprises understand the technology issues and opportunities and provides linkages to the best expertise in Canada. http://www.nrc-cnrc.gc.ca/eng/irap/index.html Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the actual receipt of the grant monies, the execution of the Company’s plans which are contingent on the receipt of such monies and the commercialization of the Company’s technology and patents. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including: the completion of final documentation with SDTC and the receipt of all necessary regulatory approvals. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE


GPURE Variants Target Markets for Waste Water Filtration and Large Area Nanofiltration Systems; Gas Separation and Sensors, and; Varnishes for Wood Surfaces Among Other Potential Applications KINGSTON, ONTARIO--(Marketwired - Feb. 16, 2017) - Grafoid Inc., a graphene R&D and investment company announced today its development of the GPURE Membrane Platform consisting initially of six next generation GPURE Graphene-Polymer membrane technologies intended for industrial markets. Grafoid's GPURE technologies span a range of scalable industrial applications requiring novel, disruptive solutions to create new products or enhance or supplant existing membrane technologies. One of the key obstacles to graphene's broad, universal industrial acceptance is the absence to date of low-cost, high performing graphene applications that can be successfully adapted for use across all industrial sectors. Market and Markets Research anticipates the global membranes market will grow significantly by 2020 with water & wastewater treatment, pharmaceuticals & medical segments accounting for approximately two-thirds of the global membranes market. It reported that "the increasing use of membranes in the oil & gas sector for gas processing, hydrogen production, carbon dioxide removal from natural gas streams, and so on are also projected to drive the growth in the membranes market." GPURE (B) - A stable, large area membrane developed for wastewater filtration suitable for very high temperature operating applications GPURE (C) - A large area free-standing membrane developed for water filtration pre-treatment and may be suitable for use in gas separation applications and may be used as a lightweight component for automotive and sports equipment applications GPURE (D) - A large area membrane that may be used for gas separation and sensing applications GPURE (E) - A large area membrane intended for use in gas separation applications GPURE (F)- May be applied as a graphene varnish for wood surfaces to protect against moisture, UV light and high temperatures Grafoid Chief Executive Officer Gary Economo said the company's next generational technology developments could lead to new products that create both operating and economic efficiencies that are critical for sustainable growth. Grafoid is engaged with over 25 companies in Asia, Europe and North America, who are currently testing our materials for use in one or more of their product applications. If their testing returns positive results, there is a potential to develop joint venture partnerships or licensing agreements. More detailed information on the Company's individual GPURE products and potential applications will be released in the coming weeks. Grafoid is focused on three areas of graphene-related technology development it sees as "low-hanging fruit" for industrial adoption. They are graphene based materials for energy creation, storage and transmission; graphene based polymers and; graphene coatings for all industrial sectors. Grafoid is a graphene R&D and investment company. The company provides expertise as well as product and processes for transformative, industrial-scale graphene applications in partnership with leading corporations and institutions around the world. A privately held Canadian corporation, Grafoid invests in graphene applications and economically scalable production processes for graphene and graphene derivatives from raw, unprocessed graphite ore. Focus Graphite Inc. holds a significant interest in Grafoid Inc. Incorporated in 2011, Grafoid's global enterprise platform includes 17 subsidiary companies engaged in the development of Mesograf™ materials and products, and GrafeneX ultra-thin graphene industrial coatings and commercialization development services. They include, but are not limited to: Mesograf™-enhanced lithium batteries for electric vehicles, consumer electronics, and industrial energy storage; polymers, plastics, rubber, elastomers, and composite materials; fiber science including aluminum alloys; lubricants; fire retardant materials; thermal management solutions; EMI/RFI/EMP shielding; solar solutions, and analytical testing, and; laboratory services. Grafoid's research is supported through the Industrial Research Assistance Program (IRAP) of the National Research Council of Canada, and, on February 20, 2015, Grafoid received an $8.1 million investment from the SD Tech Fund™ of Sustainable Development Technology Canada (SDTC) to develop a technology that will automate Mesograf™ graphene production and end-product development. SDTC is mandated by the Government of Canada to support clean technology companies as they move their technologies to market. For more information about Grafoid, please visit http://www.grafoid.com

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