SLR

Marimaca Condemnation Drilling Intersects 30m at 1.0% CuT from 62m in Newly Discovered San Lorenzo Area; Confirms Project Layout

Retrieved on: 
Monday, January 15, 2024

Drilling targeted key areas defined for planned site infrastructure to confirm absence of mineralization and suitability for development.

Key Points: 
  • Drilling targeted key areas defined for planned site infrastructure to confirm absence of mineralization and suitability for development.
  • We have used the information from this program for the dual purpose of confirming ground conditions to underpin expected civil earthworks estimation.
  • This confirms that the site has good ground conditions and civil earthwork is as expected in previous studies.
  • We are finalizing 2024 exploration plans particularly for the Sierra de Medina project and will update as new developments occur.

Teleflex now offers its Titan SGS™ Stapler with Staple Line Reinforcement

Retrieved on: 
Tuesday, January 9, 2024

WAYNE, Pa., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Teleflex Incorporated (NYSE: TFX), a leading global provider of medical technologies, today announced that the Titan SGS™ Stapler—the only purpose-built stapler for gastric tissue with a specific indication for sleeve pouch creation in bariatric procedures1—is now available with staple line reinforcement (SLR). This new option is designed to offer a choice for bariatric surgeons who prefer buttressing on every staple fire during sleeve gastrectomy. The Titan SGS™ Standard Staple Line Reinforcement received FDA 510(k) clearance on October 6, 2023,2 and is available for pre-order.

Key Points: 
  • The Titan SGS™ Standard Staple Line Reinforcement received FDA 510(k) clearance on October 6, 2023,2 and is available for pre-order.
  • This buttressing combines the strengths of the Titan SGS™ Stapler with the confidence of GORE® SEAMGUARD® Bioabsorbable Staple Line Reinforcement Material and is designed to support staple line strength3 and help reduce leaks or bleeds.1,4-7 The Titan SGS™ Stapler is a 23cm, single-fire stapler designed to deliver more consistent and symmetrical sleeve anatomy by enabling the Standard Sleeve™ Technique, an anatomy-based approach to sleeve gastrectomy.1 GORE® SEAMGUARD® Reinforcement Material is the only*5 staple line reinforcement proven to significantly reduce leaks in sleeve gastrectomy procedures.4 This complimentary pairing supports bariatric surgeons.
  • Our Titan SGS™ Standard Staple Line Reinforcement featuring GORE® SEAMGUARD® Reinforcement Material expands device selection for surgeons.
  • Dr. Christina Sanders was the first surgeon to utilize the Staple Line Reinforcement and noted "The Titan SGS™ Stapler along with the Standard Staple Line Reinforcement helps support the security of the staple line and outcomes from my patients."

SLR Credit Solutions Agents Senior Credit Facility for Ansira Partners Inc.

Retrieved on: 
Tuesday, January 9, 2024

SLR Credit Solutions (“SLR CS”) announced the closing of a senior credit facility comprised of a revolver and term loan for Ansira Partners, LLC (“Ansira” or the “Company”), an independent global marketing services and solutions company with proprietary channel, website, and advertising technology platforms.

Key Points: 
  • SLR Credit Solutions (“SLR CS”) announced the closing of a senior credit facility comprised of a revolver and term loan for Ansira Partners, LLC (“Ansira” or the “Company”), an independent global marketing services and solutions company with proprietary channel, website, and advertising technology platforms.
  • The Company provides solutions for Channel Partner Marketing, Local Websites & Marketing, Media & Ad Technology, and CRM & Loyalty.
  • Proceeds from the transaction were used to finance the acquisition of the Company by Truelink Capital (“Truelink”) and will provide liquidity for general operations and growth.
  • “SLR CS provided a well-executed, tailored financing solution to facilitate the acquisition and provide liquidity for future growth initiatives.”
    Tanner Phifer, Managing Director of SLR Credit Solutions, added, “Ansira has a proven strategy for delivering best in class marketing services, leveraging their proprietary technology and significant expertise in providing end-to-end solutions across a digital and physical ecosystem.

Harnessing the Transformative Power of Cold Chain Logistics with SSI Schaefer

Retrieved on: 
Tuesday, January 2, 2024

"What we are seeing for refrigerated supply chains is this pinch -- a need to do ever more with ever less," notes Carsten Spiegelberg, Managing Director - Middle East & Africa, SSI Schaefer. "To meet the growing complexities of the industry, it's not enough to find a quick fix. Companies need material flow experts with industry know-how to consider all angles of a facility and seamlessly blend cold-chain logistics solutions with individual processes."

Key Points: 
  • To explore SSI Schaefer's comprehensive, tailored solutions for key upcoming facility projects, please contact its experts at [email protected] .
  • "What we are seeing for refrigerated supply chains is this pinch -- a need to do ever more with ever less," notes Carsten Spiegelberg, Managing Director - Middle East & Africa, SSI Schaefer.
  • To increase efficiency and cost-effectiveness of cold storage warehouses, there are several factors to consider from the beginning.
  • The SSI Schaefer Group is a leading global solution provider for all areas of intralogistics.

Super League Announces Private Placement Financing of $8.354 Million and Enters into Accounts Receivable Facility to Further Fund Growth Initiatives

Retrieved on: 
Friday, December 22, 2023

Additionally, the Company entered into an agreement with SLR DIGITAL FINANCE LLC for a 2-year, $4 million accounts receivable financing facility (the “Facility").

Key Points: 
  • Additionally, the Company entered into an agreement with SLR DIGITAL FINANCE LLC for a 2-year, $4 million accounts receivable financing facility (the “Facility").
  • The Company received aggregate gross proceeds of approximately $8.354 million in equity financing, before deducting placement agent fees and other offering expenses payable by the Company and up to $4 million of availability under the Facility.
  • The $8.354 million of capital raised was sourced from both new and existing investors and the funding available to the Company through the Facility collectively grant Super League the capital flexibility to fund ongoing operations and support pipeline growth initiatives.
  • This latest private financing capital injection along with the AR facility will effectively fund our operations, facilitate the execution of our growth initiatives, and secure our 2024 path to profitability,” commented Ann Hand, CEO of Super League.

Westwater Announces Availability of an Initial Assessment with Economic Analysis for the Coosa Graphite Deposit

Retrieved on: 
Wednesday, December 13, 2023

Westwater Resources, Inc. (“Westwater” or the “Company”) (NYSE American: WWR), an energy technology and battery-grade natural graphite development company, today announced the availability of an Initial Assessment, with an economic analysis (“IA”), for the Company’s Coosa Graphite Deposit located in Coosa County, Alabama (the “Coosa Deposit”).

Key Points: 
  • Westwater Resources, Inc. (“Westwater” or the “Company”) (NYSE American: WWR), an energy technology and battery-grade natural graphite development company, today announced the availability of an Initial Assessment, with an economic analysis (“IA”), for the Company’s Coosa Graphite Deposit located in Coosa County, Alabama (the “Coosa Deposit”).
  • Frank Bakker, President and Chief Executive Officer of Westwater, stated “The Coosa Deposit is an important asset, not only to Westwater, but we believe a critical asset to the future domestic graphite supply chain.
  • We believe that our Coosa Deposit is the largest and most advanced natural graphite deposit in the lower 48 states.
  • The IA was completed as a Technical Report Summary (“TRS”), disclosing Mineral Resources, including an economic analysis, for the Coosa Deposit, in accordance with SK-1300.

Polaris Slingshot's New 2024 Model Year Lineup Delivers Extraordinary Driving Experiences & One-of-a-Kind On-Road Adventures

Retrieved on: 
Tuesday, December 5, 2023

MINNEAPOLIS, Dec. 5, 2023 /PRNewswire/ -- Embraced by those who demand attention and appreciate its one-of-a-kind on-road adventure, the Polaris Slingshot is unlike anything else on the road. With an open cockpit, three-wheels, and bold, head-turning style, Slingshot serves as the ultimate platform for self-expression – driven by a diverse community of riders who dare to be different.

Key Points: 
  • In 2023, new Slingshot owners were twice as likely to be multicultural (non-white) and included 90% more women than other Polaris brands.
  • For 2024, Polaris introduces thoughtful refinements and bold, head-turning graphics across its five-model 2024 autocycle lineup, available in both manual and AutoDrive transmissions.
  • For 2024, Polaris has a wide range of premium paint options and graphics packages across its entire lineup.
  • The 2024 Slingshot lineup will begin shipping to dealers in early 2024.

Arcutis Announces Third Quarter 2023 Financial Results and Provides Business Update

Retrieved on: 
Friday, November 3, 2023

The Company anticipates further GTN improvement in the fourth quarter of 2023.

Key Points: 
  • The Company anticipates further GTN improvement in the fourth quarter of 2023.
  • In October 2023, Arcutis received FDA approval for ZORYVE for an expanded indication for the treatment of plaque psoriasis in children down to 6 years of age.
  • In September 2022, Arcutis announced positive topline results from the ARRECTOR Pivotal Phase 3 trial for the treatment of scalp and body psoriasis.
  • Arcutis management will host a conference call and webcast today at 8:30am ET to discuss the financial results for the quarter and provide a business update.

Ardelyx Reports Third Quarter 2023 Financial Results and Updates 2023 U.S. IBSRELA® Net Sales Revenue Guidance

Retrieved on: 
Tuesday, October 31, 2023

WALTHAM, Mass., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Ardelyx, Inc. (Nasdaq: ARDX), a biopharmaceutical company founded with a mission to discover, develop and commercialize innovative, first-in-class medicines that meet significant unmet medical needs, today reported financial results for the third quarter ended September 30, 2023 and provided a business update.

Key Points: 
  • “Demonstrating consistent, quarter-over-quarter growth of IBSRELA prescriptions during the third quarter, we achieved a 22 percent increase in net sales revenue.
  • We have raised our full year U.S. net sales revenue guidance for IBSRELA, reflecting the important benefit this product is offering to patients.
  • Driven by increased demand for IBSRELA, the company reported net sales revenue of $22.3 million in the third quarter, 22 percent quarter-over-quarter growth compared to the second quarter of 2023.
  • Ardelyx currently expects full-year 2023 U.S. net product revenue for IBSRELA to be between $76.0 and $78.0 million.

Ardelyx Announces Amendment of Debt Financing Agreement with SLR Capital Partners to Provide $50 Million of Additional Committed Capital

Retrieved on: 
Wednesday, October 18, 2023

The amendment includes access to an additional $50 million in committed debt financing, at Ardelyx’s election, and, subject to SLR credit approval, may be further increased by an additional $50 million.

Key Points: 
  • The amendment includes access to an additional $50 million in committed debt financing, at Ardelyx’s election, and, subject to SLR credit approval, may be further increased by an additional $50 million.
  • “We are pleased to expand our relationship with SLR through this amendment, which will provide non-dilutive funding to strengthen our balance sheet and extend our runway.
  • Ardelyx drew $27.5 million under the agreement with SLR in February 2022 and currently expects to draw the remaining $22.5 million under the original agreement in October 2023.
  • Ardelyx may also elect to borrow a fourth tranche of up to an additional $50 million, subject to SLR credit approval.