NOVAGOLD Files 2025 Year-End Report Landmark Transaction Positions Donlin Gold as the Next Generational Project Primed for Development
Globenewswire· 2026-01-22 13:10
Core Viewpoint - NOVAGOLD Resources Inc. has reported significant advancements in its Donlin Gold project, including a transformative acquisition and progress towards a Bankable Feasibility Study (BFS), positioning the project as a potential leader in the U.S. gold mining sector [7][12][38] Financial Results - As of November 30, 2025, NOVAGOLD held approximately $115.1 million in cash and term deposits, with net annual cash expenditures of $36.5 million, primarily for the Donlin Gold project and corporate costs [3][39] - The company reported a net loss of $94.7 million for the fiscal year 2025, largely due to a non-cash charge related to warrants and increased field expenses at Donlin Gold [4][39] - Cash generated from financing activities increased by $259.7 million, primarily due to proceeds from a public equity offering and private placement [41] Project Development - NOVAGOLD completed a $1 billion acquisition of Barrick Mining's 50% interest in Donlin Gold, increasing its ownership to 60% [5][12] - The company has initiated a BFS for Donlin Gold, with proposals received from engineering firms and a prime contractor expected to be selected in early 2026 [17][18] - An 18,454-meter drill program was completed, yielding high-grade gold intercepts, further supporting the project's potential [22] Resource and Exploration - Donlin Gold has approximately 40 million ounces of Measured and Indicated Mineral Resources at an average grade of 2.22 grams per tonne, significantly higher than the industry average [16][56] - The project is recognized for its scale, high-grade mineralization, and potential for resource expansion, with less than 5% of the land package explored to date [16][22] Community and Stakeholder Engagement - Extensive engagement with local communities and stakeholders has been conducted, reinforcing relationships and supporting project development [23][24] - The company has actively participated in community initiatives and environmental stewardship programs, enhancing its social license to operate [28][30] Regulatory and Permitting Progress - The Alaska Supreme Court affirmed the issuance of water rights permits for the Donlin Gold project, validating the state's review process [32] - Ongoing efforts to maintain and secure permits are in place, with a focus on regulatory compliance and stakeholder collaboration [31][35] 2026 Outlook - The board approved a 2026 budget of $131.4 million, focusing on advancing the BFS, maintaining permits, and enhancing community relations [36][42] - Anticipated expenditures include $78.8 million for the Donlin Gold project and $19.7 million for corporate costs [42]
Fidelity D & D Bancorp, Inc. First Quarter 2026 Dividend
Globenewswire· 2026-01-22 13:05
DUNMORE, Pa., Jan. 22, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s 2026 first quarter dividend of $0.43 per share, a 7.5% increase above the prior year’s first quarter dividend paid of $0.40 per share. The dividend is payable March 10, 2026 to shareholders of record at the close of business on February 13, 2026. Fidelity D & D Bancorp, Inc. serves Lackawan ...
Terrestrial Energy Executes DOE Agreement for Project TEFLA Under Fuel Line Pilot Program
Globenewswire· 2026-01-22 13:05
Core Viewpoint - Terrestrial Energy has signed an Other Transaction Authority (OTA) agreement with the U.S. Department of Energy (DOE) to expedite the operation of Project TEFLA, a pilot plant for IMSR Fuel Salt production, which is crucial for the company's business strategy [1][3]. Group 1: Project TEFLA Overview - Project TEFLA aims to demonstrate the proprietary IMSR Fuel Salt production technology, synthesizing fuel using standard-assay low-enriched uranium (SALEU) enriched to less than 5% U235 [2]. - The fuel produced will support the Project TETRA test reactor, developed under the DOE's Advanced Reactor Pilot Program [2]. - The project will utilize existing supplier relationships for key components, fuel feedstock, and transportation services [2]. Group 2: DOE Collaboration and Authorization - The DOE's authorization process will expedite the approval for the TEFLA pilot plant, facilitating the development of the TETRA test reactor and the IMSR fuel supply business [3]. - The OTA mechanism allows Terrestrial Energy to operate outside traditional federal contracting constraints, promoting rapid fuel production innovation [3]. Group 3: Commercialization and Energy Production - Terrestrial Energy's commercial IMSR plant is designed to produce 822 MWth (390 MWe) of clean energy for industrial heat applications and electricity generation [4]. - The plant's design emphasizes capital efficiency, cost reduction, and versatility, extending the application of nuclear energy beyond electric power markets [5]. - The company aims to build, license, and commission the first IMSR plants in the early 2030s, supporting global decarbonization efforts [6].
StepStone Group to Announce Third Quarter Fiscal 2026 Results on February 5, 2026
Globenewswire· 2026-01-22 13:05
NEW YORK, Jan. 22, 2026 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP) today announced that the Company will release its results for the quarter ended December 31, 2025, after the market closes on Thursday, February 5, 2026. This represents results for the third quarter of the fiscal year ending March 31, 2026. Webcast and Earnings Conference Call Management will host a webcast and conference call on Thursday, February 5, 2026, at 5:00 pm ET to discuss the Company’s results for the third quarter of ...
NKGen Biotech Names Leading Dementia Expert Bruce L. Miller, M.D.
Globenewswire· 2026-01-22 13:05
Core Insights - NKGen Biotech, Inc. has appointed Dr. Bruce L. Miller to its Scientific Advisory Board, enhancing its expertise in neurodegenerative diseases, particularly Alzheimer's disease and frontotemporal dementia [1][3]. Company Overview - NKGen Biotech is a clinical-stage biotechnology company focused on developing and commercializing innovative autologous and allogeneic natural killer (NK) cell therapeutics [5]. Leadership and Expertise - Dr. Miller is a distinguished professor at UCSF and has extensive experience in neurodegenerative diseases, having published over 2,000 peer-reviewed articles and authored significant books in the field [2][4]. - His contributions include advancing the understanding of dementia and precision medicine approaches for tauopathies and related conditions [2][4]. Clinical Development - The company is currently executing a Phase 2 clinical trial for its autologous NK cell therapy candidate, troculeucel, aimed at individuals with moderate Alzheimer's disease [3]. - There are plans to explore the use of troculeucel in treating frontotemporal dementia, where early signals have shown promise [3].
60 Degrees Pharmaceuticals Announces Partnership with Runway Health to Provide International Travelers Direct Access to ARAKODA® for Malaria Prevention
Globenewswire· 2026-01-22 13:01
Core Insights - 60 Degrees Pharmaceuticals, Inc. has announced a partnership with Runway Health to enhance access to ARAKODA (tafenoquine) for malaria prevention among international travelers [1][4] - ARAKODA is the only broad-spectrum, once-weekly prescription malaria prevention medication available in the U.S. market [2][9] - The partnership will commence on April 2, 2026, and aims to provide a personalized medical treatment plan for travelers [4] Company Overview - 60 Degrees Pharmaceuticals, Inc. specializes in developing new medicines for vector-borne diseases and received FDA approval for ARAKODA in 2018 [18] - The company is headquartered in Washington, D.C., and has a subsidiary in Australia, with ARAKODA commercially available in both countries [18] Product Information - ARAKODA (tafenoquine) is indicated for malaria prophylaxis in adults aged 18 and older and has been assessed for safety in multiple clinical trials [5][8] - The drug has a long terminal half-life of approximately 16 days, allowing for less frequent dosing [7] - ARAKODA is prescribed in a loading phase of 2 x 100 mg tablets once daily for three days before travel, followed by 2 x 100 mg tablets weekly during travel [7] Partnership Details - The collaboration with Runway Health will utilize a telehealth platform to facilitate online consultations and home delivery of ARAKODA before travel [2][4] - This partnership adds a consumer-focused approach to the marketing strategy of ARAKODA, targeting individuals planning to travel to malaria-endemic regions [9]
Applied Digital Breaks Ground on Delta Forge 1, a 430 MW AI Factory Campus in a Southern U.S. State
Globenewswire· 2026-01-22 13:00
Core Insights - Applied Digital has commenced construction on Delta Forge 1, an AI Factory campus designed to support an initial 430 MW of total utility power across two buildings, with significant scalability potential [1][2][4] Company Overview - Applied Digital specializes in designing, building, and operating high-performance, sustainably engineered data centers and colocation services tailored for artificial intelligence, cloud, networking, and blockchain workloads [7] - The company is headquartered in Dallas, TX, and was founded in 2021, recognized as the Best Data Center in the Americas 2025 by Datacloud [7] Project Details - Delta Forge 1 will initially consist of two 150-MW facilities covering over 500 acres, expected to create more than 200 full-time jobs and additional long-term contractor positions [3] - The campus is engineered to support advanced cooling and operational requirements for large-scale AI workloads, ensuring reliability and efficiency [2][4] Strategic Importance - Delta Forge 1 represents a critical growth phase for Applied Digital, addressing the increasing demand for AI infrastructure by integrating power, cooling, and operations effectively [4] - The project is expected to leverage the company's proprietary AI Factory blueprint, which has been refined through previous campuses, allowing for consistent and precise replication across markets [6] Market Demand - There is strong demand for purpose-built AI infrastructure capable of supporting high-density workloads, as evidenced by ongoing discussions with prospective investment-grade hyperscale customers [5]
Catheter Precision Receives First Purchase Order for LockeT in Germany
Globenewswire· 2026-01-22 13:00
FORT MILL, S.C., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Catheter Precision, Inc. (VTAK - NYSE/American), a US based medical device company focused on developing technologically advanced products for the cardiac electrophysiology market today announced receipt of a LockeT purchase order from Universitätsklinikum Frankfurt (Frankfurt University Hospital). This purchase order marks the official entry of LockeT into Germany. The purchase order includes the LockeT suture retention device, a state-of-the-art solution ...
JFB Construction Holdings Announces Commencement of Construction of Courtyard by Marriott in Melbourne, Fla.
Globenewswire· 2026-01-22 13:00
Anticipated revenues of $6.2 million in 2026 for conversion and remodel ofCourtyard by Marriott Lantana, Fla., Jan. 22, 2026 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a construction company focused on commercial, retail, and residential property development, announces that it will commence immediate construction to develop a project for Marriott Hotels in Melbourne, Florida. The project is a conversion and remodel of an existing Holiday Inn to a Courtyard by Marriott in Melbourne, Florida ...
Duos Receives Prestigious Award at PTC’26
Globenewswire· 2026-01-22 13:00
“Outstanding Innovation Award” honors transformative impact of Duos’ modular Edge AI infrastructure, advancing digital equity, efficiency, and scalable connectivityJACKSONVILLE, Fla., Jan. 22, 2026 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), through its operating subsidiary Duos Edge AI, Inc. (“Duos Edge AI”), a leading provider of adaptive, modular, and scalable Edge Data Center (“EDC”) solutions, today announced that it has been given the Outstanding Innovat ...