Biotalys Announces Intention to Strategically Refocus its Activities to Prioritize Lead Assets and Reduce Annual Cash Burn
Globenewswire· 2026-02-09 11:00
Core Insights - Biotalys is undergoing a strategic refocus to concentrate resources on its highest-priority programs and streamline operations [1][2] - The company aims to reduce total cash burn by €20 million until the end of 2028 compared to its current operating structure [2] - The focus will be on advancing its lead biofungicide assets, particularly EVOCA NG and BioFun-6, while maintaining partnerships for other programs [3] Organizational Changes - Biotalys plans to right-size its organizational structure and suspend early-stage activities to lower operating expenses [2] - The workforce will be reduced by 30 employees to align with the new strategy [4] - The company confirms its cash runway extends into May 2026 and is exploring financing options to support its refocused portfolio [4][9] Product Development - EVOCA NG is expected to be Biotalys' first commercial biofungicide, with a planned launch in the USA in 2029 and in Europe in 2030, targeting a market worth over USD 1.1 billion [5] - The U.S. EPA has approved the first-generation version of EVOCA, facilitating a shorter regulatory review process for EVOCA NG [6] Company Background - Biotalys is an AgTech company focused on developing protein-based biocontrol solutions for sustainable crop protection [7] - The company was founded in 2013 as a spin-off from the VIB and is based in Ghent, Belgium [7] - Biotalys employs an average of 59 employees as of 2025 [11]
Dryden Gold Makes Final Payments and Exercises Tremblay Option Agreement
TMX Newsfile· 2026-02-09 11:00
Core Viewpoint - Dryden Gold Corp. has successfully fulfilled its expenditure obligations under the Option Agreement and will make its final payment to acquire a 100% interest in the Tremblay Property, enhancing its strategic land position in Northwestern Ontario [1][3]. Financial Summary - The total cash paid to the Optionors under the Option Agreement amounts to $212,500, with an additional final payment of $62,500 in cash and 514,685 common shares at a deemed price of $0.3643 per share [2]. - The total firm work commitments completed on the Tremblay Property reached $1,200,000, solidifying the company's ownership [3]. Shareholder Impact - Prior to the final share issuance, the Optionors held 1,080,000 common shares, which will increase to 1,594,885 shares post-issuance, representing less than 1% of the outstanding shares of the company [4]. - The final share issuance is subject to TSX Venture Exchange approval and will have a hold period of four months and one day from the date of issuance [2]. Stock Options - The company has granted 2,900,000 incentive stock options to management, board members, employees, and consultants, exercisable at $0.40 per share for a period of 10 years, with a vesting schedule of 20% on the grant date and 20% every six months thereafter for management [5]. Company Overview - Dryden Gold Corp. is focused on discovering high-grade gold mineralization and controls a strategic land position in the Dryden District of Northwestern Ontario, which includes historic gold mines with limited modern exploration [7]. - The property hosts high-grade gold mineralization over a potential strike length of 50 km along the Manitou-Dinorwic deformation zone and benefits from strong infrastructure and relationships with First Nations communities [7].
Brunswick Corporation Named to Newsweek's America's Greatest Workplaces for Women 2026
Globenewswire· 2026-02-09 11:00
Core Insights - Brunswick Corporation has been recognized in Newsweek's America's Greatest Workplaces for Women 2026 list, achieving a four-and-a-half-star rating for its commitment to an inclusive environment for women [1][3][4] Group 1: Recognition and Evaluation - The 2026 ranking was conducted by Newsweek in partnership with Plant-A Insights Group, evaluating over one million company reviews from female employees and assessing workplace equity, fairness, leadership representation, and employee satisfaction [2] - Brunswick's high rating reflects its industry-leading programs in leadership development, mentoring, work-life balance, and comprehensive benefits that support professional growth [3] Group 2: Company Commitment - Jill Wrobel, CHRO of Brunswick Corporation, emphasized the company's dedication to creating a workplace where women are valued and supported, aiming to expand opportunities for women globally [4] - Brunswick Corporation is a leader in marine recreation, focusing on innovation and technology-driven solutions, and operates with approximately 14,000 employees across 26 countries [5]
Meta researcher warned 500K kids 'per DAY' targeted by creeps on Instagram, Facebook
New York Post· 2026-02-09 11:00
Core Viewpoint - A top Meta researcher has warned that there could be as many as 500,000 cases of online sexual exploitation per day on Facebook and Instagram, highlighting significant safety concerns regarding the platforms' impact on children and teenagers [1][3]. Group 1: Legal Proceedings and Allegations - New Mexico Attorney General Raul Torrez has initiated a case against Meta, accusing the company of exposing children to sexual exploitation and mental health risks through inappropriate messages and human trafficking [2]. - The lawsuit claims that the consequences of Meta's actions have contributed to a teen social media crisis, resulting in increased anxiety, depression, self-harm, and suicides among young users [2]. - Internal communications from Meta indicate that the company was aware of the scale of the problem, with one researcher estimating that around 500,000 victims were targeted daily in English-speaking markets [3][4]. Group 2: Internal Insights and Concerns - Malia Andrus, a former Meta employee focused on child safety, expressed concerns in an internal email about the effectiveness of age-verification tools, stating they were easily circumvented [11][14]. - Andrus also highlighted the unprecedented scale at which predators could target children on Meta's platforms, emphasizing the potential ramifications of such interactions [4]. - The lawsuit has revealed disturbing details, including test accounts being bombarded with explicit content and solicitations from alleged predators [10]. Group 3: Meta's Response and Ongoing Challenges - Meta has publicly defended its efforts to protect children, claiming that the internal discussions cited in the lawsuit were part of an ongoing commitment to child safety [12][20]. - The company faces multiple legal challenges this year, including a trial in California regarding social media addiction among young users and an antitrust lawsuit from the FTC [5]. - Meta's CEO Mark Zuckerberg has been criticized for allowing minors to use AI chatbots despite warnings from safety staff about potential misuse [19].
KBR Awarded $103 Million in Strategic Contracts Supporting the Department of the Air Force
Globenewswire· 2026-02-09 11:00
HOUSTON, Feb. 09, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded two firm-fixed-price task orders totaling $103 million under the United States Space Force (USSF) – Decision Support for Headquarters (HQ) USSF Analysis contract. These follow on awards from the Chief Technology & Innovation Office (CTIO) will be executed in Chantilly, Virginia and further strengthen KBR’s role as a trusted partner in national defense and space operations. Under the terms of the contract, KBR will ...
American States Water Company to Report Fourth Quarter and Full Year 2025 Results
Businesswire· 2026-02-09 11:00
American States Water Company to Report Fourth Quarter and Full Year 2025 ResultsFeb 9, 2026 6:00 AM Eastern Standard Time# American States Water Company to Report Fourth Quarter and Full Year 2025 ResultsShare---SAN DIMAS, Calif.--([BUSINESS WIRE])--American States Water Company (NYSE:AWR) announced today that the company intends to release its fourth quarter and full year ended December 31, 2025 financial results after the market closes on Wednesday, February 18, 2026.Robert Sprowls, president and chief e ...
Ex-CBRE Paul Saville-King Appointed Group Chief Executive Officer at Unispace
Globenewswire· 2026-02-09 11:00
LONDON, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Unispace, a global leader in integrated workplace strategy, design and construction, today announced the appointment of Paul Saville-King as Group Chief Executive Officer, effective February 2026. “Paul brings the right mix of industry, global and leadership experience for where Unispace is heading,” said Jodi Ingham, Managing Director at PAG. “We see this appointment as an important step in strengthening the business and supporting its next phase of growth.” Paul j ...
CleanGo Innovations Receives Invitation to the Canadian Infrastructure Trade Delegation in Saudi Arabia
Thenewswire· 2026-02-09 11:00
Vancouver, B.C., Houston, Texas – February 9th, 2026 – TheNewswire – CleanGo Innovations Inc. (CSE:CGII) (OTC:CLGO.F) (FRA:APO2) ("CleanGo" or the "Company"), a global leader in proprietary green technology solutions, CleanGo is proud to announce its selection for the upcoming Canada Trade Mission to Saudi Arabia, scheduled for February 7–12, 2026. This strategic mission, organized in coordination with the Embassy of Canada in Riyadh, aims to bridge Canadian innovation with the rapid infrastructure and cle ...
Experian Makes Saving Even Smarter With New High Yield Digital Savings Account
Businesswire· 2026-02-09 11:00
COSTA MESA, Calif.--(BUSINESS WIRE)--Experian announces the launch of the high-yield Experian Smart Moneyâ"¢ Digital Savings Account. ...
Happy Belly Food Group Portfolio Company Yolks Breakfast Promotes Christoph Barrow to Brand President
TMX Newsfile· 2026-02-09 11:00
Toronto, Ontario--(Newsfile Corp. - February 9, 2026) - Happy Belly Food Group Inc. (CSE: HBFG) (OTCQB: HBFGF) ("Happy Belly" or the "Company"), a leader in acquiring and scaling emerging food brands across Canada, is pleased to announce the promotion of Christoph Barrow to Brand President of Yolks Breakfast ("Yolks"), effective immediately. Yolks is a boutique restaurant brand serving delicious breakfast, brunch, and lunch.Happy Belly 1To view an enhanced version of this graphic, please visit:https://imag ...