Trillium

Oncolytics Biotech® Reports Second Quarter 2022 Financial Results and Recent Operational Highlights

Retrieved on: 
Thursday, August 11, 2022

(NASDAQ: ONCY) (TSX: ONC) today announced recent operational highlights and financial results for the second quarter ended June 30, 2022.

Key Points: 
  • (NASDAQ: ONCY) (TSX: ONC) today announced recent operational highlights and financial results for the second quarter ended June 30, 2022.
  • Operating expense for the second quarter of 2022 was $2.8 million, compared to $3.5 million for the second quarter of 2021.
  • R&D expense for the second quarter of 2022 was $3.2 million, compared to $3.2 million for the second quarter of 2021.
  • Net cash used in operating activities for the second quarter of 2022 was $6.9 million, compared to $6.8 million in the second quarter of 2021.

Trillium Gold Identifies Historic Drill Core from 21 Holes at Confederation Belt for Gold Sampling and Analysis

Retrieved on: 
Tuesday, August 9, 2022

Drill core from 21 historic holes representing over 7,000 metres of drilling, now being processed for gold analysis; historically assayed for base metals.

Key Points: 
  • Drill core from 21 historic holes representing over 7,000 metres of drilling, now being processed for gold analysis; historically assayed for base metals.
  • Drill core located in 10 historical caches to date; 10 drill holes logged and 800 samples already in the lab for assay.
  • This core is now being catalogued and prioritized for retrieval to be relogged and sampled for gold.
  • In addition to logging and assaying of historical drill holes, Trilliums geological team has been conducting further soil and litho-geochemical sampling.

Trillium Community Health Plan Appoints Sarah Brewer as CEO

Retrieved on: 
Monday, July 25, 2022

EUGENE, Ore., July 25, 2022 /PRNewswire/ -- Trillium Community Health Plan announced today that Sarah Brewer has been appointed Plan President and CEO, effective July 25, 2022.

Key Points: 
  • EUGENE, Ore., July 25, 2022 /PRNewswire/ -- Trillium Community Health Plan announced today that Sarah Brewer has been appointed Plan President and CEO, effective July 25, 2022.
  • Brewer has more than 20 years of healthcare leadership experience, most recently serving as Vice President, Medicaid Services and Senior Director of Population Health with Legacy Health in Oregon.
  • Previously, she served as President of Legacy Silverton Medical Center and Interim CEO for Silverton Health.
  • Trillium Community Health Plan serves Oregon Health Plan members through the CCO model, which began in 2012.

Trillium Gold Closes Panama Lake Acquisition

Retrieved on: 
Wednesday, July 13, 2022

Pursuant to the Assignment and Assumption Agreement entered into following the closing of the Purchase Agreement (the Assignment Agreement together with the Original Option Agreement, the Option Agreement), among Trillium Gold and St. Anthony Gold, St. Anthony Gold has assigned all of its rights and obligations under the Original Option Agreement to Trillium Gold.

Key Points: 
  • Pursuant to the Assignment and Assumption Agreement entered into following the closing of the Purchase Agreement (the Assignment Agreement together with the Original Option Agreement, the Option Agreement), among Trillium Gold and St. Anthony Gold, St. Anthony Gold has assigned all of its rights and obligations under the Original Option Agreement to Trillium Gold.
  • With the recently completed acquisition of the Eastern Vision properties, the Panama Lake acquisition brings Trillium Golds consolidated land package along the Confederation Belt to over 58,400 hectares, bound by the Red Lake and LP Fault structures, positioning it as one of the most prospective exploration projects in the heart of the Red Lake mining district, commented Russell Starr, President & CEO of Trillium Gold.
  • In the event Trillium Gold acquires a 100% interest in the Property, St. Anthony Gold may cause Trillium Gold to exercise its Buy-Back Right under the Option Agreement (as further discussed below) to repurchase from Benton Resources one-half of the 2.0% Net Smelter Royalty (NSR) on the Property and convey such repurchased 1.0% NSR to St. Anthony Gold in exchange for a cash payment by St. Anthony Gold to Trillium Gold of $1,000,000.
  • Recently completed interpretation of newly acquired airborne geophysics have identified several linear magnetic trends that appear coincident with the Panama Zone and other gold occurrences found on the Panama Lake Gold Project.

DEM BioPharma Launches with $70 Million Financing

Retrieved on: 
Thursday, June 23, 2022

DEM BioPharma, Inc. (DEM Bio), an immuno-oncology company developing therapies that target novel innate immune system checkpoints to eliminate cancer, today announced its initial $70 million financing led by founding investor Longwood Fund and Alta Partners , with additional participation from Insight Partners , Pfizer Ventures , Astellas Venture Management , Emerson Collective , UTokyo Innovation Platform and Alexandria Venture Investments .

Key Points: 
  • DEM BioPharma, Inc. (DEM Bio), an immuno-oncology company developing therapies that target novel innate immune system checkpoints to eliminate cancer, today announced its initial $70 million financing led by founding investor Longwood Fund and Alta Partners , with additional participation from Insight Partners , Pfizer Ventures , Astellas Venture Management , Emerson Collective , UTokyo Innovation Platform and Alexandria Venture Investments .
  • DEM Bio also announced the appointment of Jan Skvarka, former CEO of Trillium Therapeutics (acquired by Pfizer for $2.22 billion in November 2021), as Executive Chairman.
  • DEM Bios founders discovered a scalable approach to systematically unlock the potential of innate immune system checkpoints, noted Dr. Westphal.
  • The CHoMP platform has identified a number of promising new DEM/EM signals, including the novel DEM pathway APMAP.

Pegasus Resources Closes Agreements Pertaining to its Confederation Lake Properties

Retrieved on: 
Wednesday, June 22, 2022

Concurrent with the closing, Trillium paid Pegasus $20,000 in cash, and issued 100,000 common shares in the capital of Trillium to earn into certain option agreements that Trillium assumed (with certain amendments from previous option agreements between Imagine and Pegasus).

Key Points: 
  • Concurrent with the closing, Trillium paid Pegasus $20,000 in cash, and issued 100,000 common shares in the capital of Trillium to earn into certain option agreements that Trillium assumed (with certain amendments from previous option agreements between Imagine and Pegasus).
  • Further, upon closing, Imagine issued 1,500,000 common shares to Pegasus to otherwise satisfy the obligations under the Dixie North Option Agreement and the Fredart Agreement (as defined and identified in the April 27, 2022 news release) between Imagine and Pegasus.
  • Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold and base metal properties in North America.
  • The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value.

Trillium Gold Closes Acquisition of Eastern Vision Properties for over 100km on trend with Dixie Deposit

Retrieved on: 
Wednesday, June 22, 2022

These property holdings include properties that Trillium has acquired directly and others for which Trillium has assumed option agreements as optionee.

Key Points: 
  • These property holdings include properties that Trillium has acquired directly and others for which Trillium has assumed option agreements as optionee.
  • As part of the transaction, Trillium Gold issued 2,800,000 common shares in the capital of the Company together with a cash payment of $175,000 to Imagine Lithium.
  • The cash consideration represented the remaining option payments under said option agreements, while the equity consideration purchased Pegasus carried interest in the relevant properties such that 100% of those properties are now held by Trillium Gold.
  • Map showing Trillium Golds current landholdings and the acquired Eastern Vision claims.

REPEAT -- PowerTap Participates in California Hydrogen Leadership Summit

Retrieved on: 
Tuesday, June 21, 2022

VANCOUVER, British Columbia and IRVINE, Calif., June 21, 2022 (GLOBE NEWSWIRE) -- PowerTap Hydrogen Capital Corp (NEO: MOVE) (FWB: 2K6B) (OTC: MOTNF) (PowerTap or the Company or MOVE) is pleased to provide an update on its continued efforts in California and recent participation in the California Hydrogen Leadership Summit (CHLS) in Sacramento, California in early June 2022.

Key Points: 
  • VANCOUVER, British Columbia and IRVINE, Calif., June 21, 2022 (GLOBE NEWSWIRE) -- PowerTap Hydrogen Capital Corp (NEO: MOVE) (FWB: 2K6B) (OTC: MOTNF) (PowerTap or the Company or MOVE) is pleased to provide an update on its continued efforts in California and recent participation in the California Hydrogen Leadership Summit (CHLS) in Sacramento, California in early June 2022.
  • In early June 2022, the California Hydrogen Business Council held the CHLS with PowerTap Hydrogen Fueling Corp. sponsoring, participating and moderating an industry panel.
  • ABOUT POWERTAP HYDROGEN CAPITAL CORP.
    PowerTap Hydrogen Capital Corp., through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. (PowerTap), is focused on installing hydrogen production and dispensing fueling infrastructure in the United States.
  • PowerTap is now commercializing its third-generation blue hydrogen product that will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure.

PowerTap Participates in California Hydrogen Leadership Summit

Retrieved on: 
Tuesday, June 21, 2022

VANCOUVER, British Columbia and IRVINE, Calif., June 21, 2022 (GLOBE NEWSWIRE) -- PowerTap Hydrogen Capital Corp (NEO: MOVE) (FWB: 2K6B) (OTC: MOTNF) (PowerTap or the Company or MOVE) is pleased to provide an update on its continued efforts in California and recent participation in the California Hydrogen Leadership Summit (CHLS) in Sacramento, California in early June 2022.

Key Points: 
  • VANCOUVER, British Columbia and IRVINE, Calif., June 21, 2022 (GLOBE NEWSWIRE) -- PowerTap Hydrogen Capital Corp (NEO: MOVE) (FWB: 2K6B) (OTC: MOTNF) (PowerTap or the Company or MOVE) is pleased to provide an update on its continued efforts in California and recent participation in the California Hydrogen Leadership Summit (CHLS) in Sacramento, California in early June 2022.
  • In early June 2022, the California Hydrogen Business Council held the CHLS with PowerTap Hydrogen Fueling Corp. sponsoring, participating and moderating an industry panel.
  • ABOUT POWERTAP HYDROGEN CAPITAL CORP.
    PowerTap Hydrogen Capital Corp., through its wholly owned subsidiary, PowerTap Hydrogen Fueling Corp. (PowerTap), is focused on installing hydrogen production and dispensing fueling infrastructure in the United States.
  • PowerTap is now commercializing its third-generation blue hydrogen product that will focus on the refueling needs of the automotive and long-haul trucking markets that lack hydrogen fueling infrastructure.

Oncolytics Biotech® Announces Voting Results from the Annual General Meeting of Shareholders and Appoints James T. Parsons to its Board of Directors

Retrieved on: 
Friday, June 17, 2022

SAN DIEGO and CALGARY, AB, June 17, 2022 /PRNewswire/ -- Oncolytics Biotech® Inc. (NASDAQ: ONCY) (TSX: ONC), today announced the voting results from its Annual General Meeting (AGM) of Shareholders held on Thursday, June 16, 2022. A total of 40.43% of the issued and outstanding common shares of the Corporation were represented either in person or by proxy at the meeting. Additionally, James T. Parsons was elected to the Oncolytics Biotech Board of Directors. Leonard (Leon) Kruimer did not stand for re-election as a director at the AGM.

Key Points: 
  • For more details on the matters covered at the annual meeting, please refer to the Corporation's management information circular available on SEDAR at www.sedar.com .
  • Final voting results on all matters voted on at the annual meeting will also be filed on SEDAR.
  • Mr. Parsons is a life sciences industry veteran with over two decades of executive experience.
  • Prior to his time at Trillium, Mr. Parsons provided financial consulting services as the President of Empar Management.