Market Newsdesk

SANTA MONICA, CALIFORNIA, Nov. 12, 2020 (GLOBE NEWSWIRE) — Just released Q2 2020 data from the California Air Resources Board (CARB) has confirmed that the energy weighted carbon intensity (CI) value of California’s natural gas vehicle fuel portfolio in the Low Carbon Fuel Standard (LCFS) program was below zero—at -0.85 gCO2e/MJ. This is the first time in the history of the LCFS program that any low carbon fuel portfolio has achieved a carbon negative status. 

“Given the large and growing volume of heavy-duty natural gas vehicles already hard at work on California’s roads, this is an extremely significant milestone,” said Todd Campbell, chair of the California Natural Gas Vehicle Partnership (CNGVP) and vice president of public policy and regulatory affairs, Clean Energy. “Both the short- and long-term climate benefits of this achievement are extremely significant. When combined with the fact that most natural gas vehicles recently placed into service are powered by near-zero emission engines, the natural gas vehicle industry is providing the most substantial and cost-effective contributions towards California’s goals to reduce criteria and greenhouse gas emissions while eliminating the use of diesel in favor of renewable, low carbon fuels.” 

California’s LCFS, which measures the climate impact of various motor vehicle fuel pathways, is a market-based incentive program designed to decrease the carbon intensity of California’s transportation fuel and instead provide a range of low-carbon and renewable fuel alternatives, reducing petroleum dependency and achieving air quality benefits. The “carbon intensity” of any given fuel measures all greenhouse gas emissions associated with the entire life cycle of a transportation fuel including production and consumption. Transportation fuels with low—or even negative—carbon intensity scores are better for the environment as they produce less climate-altering greenhouse gas emissions.  

Renewable natural gas (RNG)—which is produced by capturing and processing the methane emitted from organic sources including dairy waste, wastewater treatment plants, food and green waste, landfills, and forest management—has the lowest carbon intensity rating of all fuels in the CARB LCFS program. Many forms of RNG, such as that produced from food and green waste, have a carbon neutral and even a carbon negative rating. Other forms of RNG, such as that produced from dairy waste, can have carbon intensity ratings that are 200 to 300 percent lower than even a battery electric vehicle powered by renewable energy such as solar or wind. 

The most recent data from CARB’s LCFS program also confirms another significant milestone—RNG made up nearly 90 percent of all natural gas vehicle fuel in the program and consumed in California in the first half of 2020. Looking ahead, both the volume and carbon intensity benefits of RNG consumed by California will continue to grow. More than one billion dollars of investment is currently taking place in California to develop a wide array of in-state RNG production projects. As California continues to source increasing amounts of transportation-grade RNG from projects with carbon negative sources, such as dairy biogas, the average carbon intensity of California-produced RNG will only continue to improve.  

Gladstein, Neandross & Associates (GNA), a California-based clean transportation and energy consulting firm, recently released a study which forecasts that, by January 2024, California-produced RNG for transportation will have an average energy-weighted carbon intensity of -101.74 gCO2e/MJ, generating 3.4 million tons of GHG reductions annually. At that negative carbon intensity, an average natural gas vehicle fueled by California RNG will completely offset the GHG emissions of two diesel trucks.  

“As long as we have a productive society, we will continue to generate organic waste that has the potential to produce methane,” said Cliff Gladstein, founding president of Gladstein, Neandross & Associates and a key author of the study. “Harnessing these methane emissions to produce RNG for transportation fuel enables us to immediately and cost-effectively reduce the impacts of climate change.”  

RNG can be used as a seamless, drop-in replacement for conventional natural gas in transportation. Additionally, due to the financial incentives available through programs including the LCFS, RNG can be purchased at a price on par with—or lower than—the price of diesel, based on the CI.  Dairy gas produced RNG can generate a significantly greater discount than landfill gas, significantly reducing total cost of ownership and operation for the fleets, especially those that have their own fueling infrastructure. 

“We are thrilled to see the growing use of low carbon renewable natural gas by our customers in California and across the U.S.,” said Tom Swenson, vice-chair of the California Natural Gas Vehicle Partnership and business development manager for Cummins Inc.  “Fleets are increasingly interested in taking real and immediate actions on climate change and local air quality. This one-two punch of renewable natural gas in an ultra-clean engine allows fleets to achieve cost-effective carbon negative operations right now in a vehicle that meets their operational requirements.” 

Fleets across the country have been successfully using natural gas vehicles for more than two decades. Today, more than 175,000 natural gas vehicles are on U.S. roads. Near-zero natural gas trucks and buses are commercially available from more than 50 different vehicle manufacturers—including Autocar, Bluebird, El Dorado National, Freightliner, Gillig, Kenworth, Mack, Peterbilt, Thomas, Tico, Volvo and others. With these well-established brands also comes robust sales and service networks, as well as an expansive public fueling network dispensing renewable natural gas. 

“With a strong foundation in place, CNGVP members look forward to working with Governor Newsom, CARB, California Energy Commission, local California air districts, the Biden Administration and the federal government to further build upon these extremely important successes,” added Campbell. “With smart policies, we have the ability to significantly scale up these short- and long-term emission benefits, while providing an economically sustainable alternative fuel option to customers, simultaneously driving in-state investment in circular economies at the local level; it’s a win-win-win-win opportunity.” 

To learn more about how near-zero emission natural gas trucks fueled by renewable natural gas offer one of the best opportunities for California to achieve clean air and climate change mitigation as quickly, cost-effectively, and efficiently as possible, visit www.cngvp.org.

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ABOUT CNGVP:  

The California Natural Gas Vehicle Partnership (CNGVP) is an alliance of air quality, transportation and energy agencies, vehicle and engine manufacturers, fuel providers, transit and refuse hauler associations, and other stakeholders interested in increasing and strengthening the deployment of near-zero emission (NZE) natural gas vehicles throughout California. Learn more about the ten guiding principles that fuel our work at www.cngvp.org    

Celeste Griffy
California Natural Gas Vehicle Partnership
(424) 744-4489
[email protected]

NEW YORK, Nov. 12, 2020 (GLOBE NEWSWIRE) — Attorney Advertising — Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against HP Inc. (“HP” or the Company”) (NYSE: HPQ) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired HP securities between November 6, 2015 and June 21, 2016, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/hpq.    

This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.

The Complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and misrepresented HP’s business and financial condition by issuing false and misleading statements regarding HP’s financial performance and, in particular, its revenue, profit margin, and earnings. Specifically, the complaint alleges that defendants provided positive financial results for HP, but misrepresented and omitted to state that HP’s Supplies channel inventory management and sales practices had resulted in increased channel inventory and decreased revenues and profits.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm’s site: www.bgandg.com/hpq or you may contact Peretz Bronstein, Esq. or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in HP you have until January 4, 2021 to request that the Court appoint you as lead plaintiff.  Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique.  Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients.  In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm’s expertise includes general corporate and commercial litigation, as well as securities arbitration.   Attorney advertising. Prior results do not guarantee similar outcomes.

Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
212-697-6484 | [email protected]

 

LOS ANGELES, Nov. 12, 2020 (GLOBE NEWSWIRE) — The Law Offices of Frank R. Cruz reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies.  Investors have until the deadlines listed below to file a lead plaintiff motion.

Investors suffering losses on their investments are encouraged to contact The Law Offices of Frank R. Cruz to discuss their legal rights in these class actions at 310-914-5007 or by email to [email protected].

Las Vegas Sands Corp. (NYSE: LVS)
Class Period: February 27, 2016 – September 15, 2020
Lead Plaintiff Deadline: December 21, 2020

The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that Loop scientists were encouraged to misrepresent the results of Loop’s purportedly proprietary process; (2) that Loop did not have the technology to break PET down to its base chemicals at a recovery rate of 100%; (3) that, as a result, the Company was unlikely to realize the purported benefits of Loop’s announced partnerships with Indorama and Thyssenkrupp; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Innate Pharma SA (NASDAQ: IPHA)
Class Period:   March 10, 2020 – September 8, 2020
Lead Plaintiff Deadline: December 22, 2020

The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Innate touted the results of their various Phase 2 trials as being within expectations; (2) Innate continued to reassure investors that they were eligible for the $100 million payment upon first dosing of Phase 3 trials; (3) Innate failed to timely disclose their renegotiations with AstraZeneca to split the $100 million payment into two $50 million payments, to be partially contingent on performance during the Phase 3 trials; and (4) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

JP Morgan Chase & Co. (NYSE: JPM)
Class Period: February 23, 2016 – September 23, 2020
Lead Plaintiff Deadline: December 23, 2020

The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) traders at the Company, with the knowledge and consent of their superiors, manipulated the precious metals market by “spoofing,” or placing fake orders to generate the appearance of market demand; (2) the Company had insufficient controls and compliance protocols to enable it to identify and stop the misconduct; (3) the Company’s earnings in the physical commodity market were, at least in part, ill-gotten; (4) such conduct would result in enhanced regulatory scrutiny; (5) the Company provided misleading information to CFTC investigators at early stages of the investigation into the misconduct; (6) resolution of the governmental investigation into the Company would result in a record-breaking $920 million fine; and (7) as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

First American Financial Corporation (NYSE: FAF)
Class Period: February 17, 2017 – October 22, 2020
Lead Plaintiff Deadline: December 24, 2020

The complaint filed alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) the Company failed to implement basic security standards to protect its customers’ sensitive personal information and data; (2) First American Financial faced a heightened risk of cybersecurity failure due to its automation and efficiency initiatives; and (3) as a result, defendants’ public statements were materially false and misleading at all relevant times.

Follow us for updates on Twitter: twitter.com/FRC_LAW.

To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to [email protected], or visit our website at www.frankcruzlaw.com.   If you inquire by email please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts

The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
[email protected]
www.frankcruzlaw.com

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

VANCOUVER, British Columbia, Nov. 12, 2020 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQB: BBKCF; WKN: A2PS9W) is pleased to announce that in connection with its previously announced overnight public marketed offering, it has entered into an underwriting agreement (the “Underwriting Agreement”) with a syndicate of underwriters led by PI Financial Corp. and including Canaccord Genuity Corp., Echelon Wealth Partners, Haywood Securities Inc. and M Partners Inc. (collectively, the “Underwriters”), to sell 16,750,000 units of the Company (each, a “Unit”) at a price of $0.24 per Unit (the “Offering Price”) for aggregate gross proceeds of approximately $4,020,000 (the “Offering”). The Company intends to use the proceeds from the Offering for research and development, expansion of sales and marketing teams for Blockchain Intelligence Group internationally and Netcoins domestically, additional liquidity for Netcoins trade settlement, increase of long-term Bitcoin investment holdings, and working capital.

Each Unit will consist of one common share of the Company (a “Common Share”) and one-half Common Share purchase warrant (each such full warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at a price equal to $0.30 per Warrant Share for a period of 24 months following the closing of the Offering, subject to an accelerated expiry if the ten trading day volume-weighted average price of the Common Shares on the Canadian Securities Exchange (the “CSE”) is equal to or greater than $0.60 per Common.

The Company will shortly file an amended and restated preliminary short form prospectus (the “AR Preliminary Prospectus”) with the securities commissions in each of the provinces of Canada (other than Québec) amending and restating the preliminary short form prospectus filed on November 10, 2020 to reflect the terms of the Offering. Copies of the AR Preliminary Prospectus will be available on SEDAR at www.sedar.com.

The Company has granted the Underwriters an over-allotment option to increase the size of the Offering by up to 15% of the aggregate number of Units (or the components thereof) on the same terms and conditions of the Offering (the “Over-Allotment Option”), exercisable in whole or in part at any time up to 30 days after and including the closing date of the Offering, which may be exercised for Common Shares, Warrants or a combination thereof. In the event that the Over-Allotment Option is exercised in full, the aggregate gross proceeds of the Offering to the Company will be $4,623,000.

Pursuant to the terms of the Underwriting Agreement, the Underwriters will be paid a cash commission equal to 6% of the gross proceeds of the Offering (including any gross proceeds raised on exercise of the Over-Allotment Option) and 3% of the gross proceeds of the Offering from purchasers on the president’s list of the Company (up to a maximum of aggregate gross proceeds of $500,000). As additional consideration, at the Closing (as defined below) of the Offering, the Underwriters will be issued non-transferable warrants (the “Compensation Options”) of the Company to purchase such number of Common Shares as is equal to 6% of the aggregate Units sold under the Offering (including any Units sold on the exercise of the Over-Allotment Option) and 3% of the total number of Units sold to the president’s list of the Company (up to a maximum of aggregate gross proceeds of $500,000), with each such Compensation Option exercisable into a Common Share at an exercise price equal to the Offering Price any time up to 24 months from the closing of the Offering.

The Company will use commercially reasonable efforts to obtain the necessary approvals to list the Common Shares issuable upon in connection with the Offering on the CSE.

The Offering is expected to close on or about November 30, 2020 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approvals.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

On behalf of Board

Mark Binns
CEO
[email protected]
T:+1.844.515.2646

The CSE does not accept responsibility for the adequacy or accuracy of this press release.

About BIGG Digital Assets Inc.

BIGG believes the future of crypto is a safe, compliant, and regulated environment. BIGG invests in products and companies to support this vision. BIGG owns two operating companies: Blockchain Intelligence Group (blockchaingroup.io) and Netcoins (netcoins.ca).

Blockchain Intelligence Group (BIG) has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. Our commercial product, BitRank Verified® , offers a “risk score” for cryptocurrencies, enabling RegTech, banks, ATMs, exchanges, and retailers to meet traditional regulatory/compliance requirements.

Netcoins develops brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. Netcoins utilizes BitRank Verified® software at the heart of its platform and facilitates crypto trading via a self-serve crypto brokerage portal at Netcoins.app.

For more information and to register to BIGG’s mailing list, please visit our website at https://www.biggdigitalassets.com. Or visit SEDAR at www.sedar.com.

Cautionary Statement Regarding Forward Looking Information

This press release contains forward-looking information within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, statements regarding the ability of the Company to close the Offering, the anticipated terms of the Offering, the anticipated use of proceeds from the Offering, the proposed timing of the Offering, and the Company’s beliefs about the future of crypto are “forward-looking statements”. Forward-looking information can be identified by the use of words such as “will” or “believe” or variations of such words or statements that certain actions, events or results “will” be taken, occur or be achieved. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, and other factors, many of which are beyond the control of BIGG. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. Undue reliance should not be placed on the forward-looking information because BIGG can give no assurance that they will prove to be correct. Important factors that could cause actual results to differ materially from BIGG’s expectations include, consumer sentiment towards BIGG’s products and Blockchain technology generally, technology failures, competition, and failure of counterparties to perform their contractual obligations.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, BIGG disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, BIGG undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Dividend amount: NOK 1.25 per share
Declared currency: NOK
Last day including right: 16 November 2020
Ex-date: 17 November 2020
Record date: 18 November 2020
Payment date: 25 November 2020
Date of approval: 12 November 2020

Investor contact:
Line Haugetraa
+47 41406376
[email protected]

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

CALGARY, Alberta, Nov. 12, 2020 (GLOBE NEWSWIRE) — NCM Asset Management Ltd. (“NCM”), the manager of a strategically focused group of public mutual funds, ETFs and alternative investment funds, announces today that the following previously announced changes have been approved by securityholders of the Funds at the special meetings concurrently held on November 5, 2020:

Fund Merger

Terminating Fund	Continuing Fund
NCM Entrepreneurs Class	NCM Small Companies Class

The Continuing Fund will acquire all or substantially all of the net assets of the Terminating Fund and securityholders of the Terminating Fund will become securityholders of the Continuing Fund. As previously announced, it is expected that the proposed merger will be effected on or about November 6, 2020 (the “Merger Date”). Securityholders of the Terminating Fund who do not wish to own securities of the Continuing Fund may instead redeem their securities or switch their securities for securities of any other mutual fund in the NCM Group of Funds until the close of business on the last business day immediately preceding the Merger Date.   

Fee Reduction and Risk Rating Change

NCM Norrep Fund will change its reference index to 70% S&P/TSX Total Return Index, 30% S&P Total Return Index. In addition, the following changes will take effect:

	Old	New
CIFSC Classification	Canadian Small/Mid Cap Equity	Canadian Focused Equity
Risk Rating	Medium to High	Medium
Management Fee (Series F)	1.25%	1.00%
Trailer Fee (Series A)	0.75%	1.00%

NCM is a Canadian investment firm with offices in Calgary and Toronto. Please visit www.ncminvestments.com for more details about NCM and its investment products. For the complete disclosure record of the NCM Group of Funds, please visit www.sedar.com.

About NCM Asset Management Ltd.

For over 20 years, NCM has been one of Canada’s leaders in actively managed investment products. With an in-house portfolio management team and a family of actively managed funds, NCM has earned multiple awards recognizing its investment success. NCM is an independent Canadian investment firm with offices in Calgary and Toronto, distributing retail mutual funds and related products and services to Canadian investors, through a third party distribution channel.  (www.ncminvestments.com)

For further information or assistance, please contact:

NCM Asset Management Ltd.

Dealer & Client Services
Attention: Ellen Barbour
Toll Free: 1-877-531-9355
Dome Tower – Suite 1850, 333 – 7^th Avenue S.W., Calgary, AB  T2P 2Z1
Email: [email protected]| Website: www.ncminvestments.com

Seattle, WA, Nov. 12, 2020 (GLOBE NEWSWIRE) — The Environmental Protection Agency (EPA) awarded LTI, Inc. with its fifth SmartWay Excellence Award on Nov. 5. The award recognizes LTI, Inc. and its Milky Way division as one of North America’s most efficient and lowest emitting tanker fleets. The SmartWay Excellence Award is reserved for the top performing SmartWay Partners and is the EPA’s highest recognition for demonstrated leadership in freight supply chain energy and environmental performance.

Lynden Transport also earned a SmartWay High Performer Award for operating efficiencies in its flatbed and reefer fleets. Lynden Transport is included in the top 20 percent of carriers nationwide for reducing carbon emissions and achieved top-ranking performance for all metrics, including fuel efficiency. Fewer than 10 percent of all SmartWay carriers operate fleets efficient enough to make the SmartWay High Performer list for carbon emissions.

“We are extremely proud of this award,” says LTI, Inc. President Jason Jansen. “Each year we strive to seek ongoing improvement in our operations to continue the reduction of our carbon footprint. Our success is due to the continued efforts of our entire staff, especially our drivers. Our ability to operate as one of the most efficient carriers in the nation is a true testimony to the quality and dedication of our entire team to drive continuous improvement.”

LTI, Inc. and Lynden Transport have been EPA SmartWay partners for more than a decade. Each year the companies voluntarily submit operations information to the EPA for consideration.  LTI, Inc. and Milky Way consistently score in the top 1 percent of tanker carriers in the nation for low carbon monoxide, nitrous oxide and particulate matter emissions per ton mile while operating in extreme weather and carrying the heaviest payloads. In the last five years, LTI, Inc and Milky Way have steadily improved fuel economy to rank as one of the most fuel-efficient tanker fleets in the industry.

The Lynden family of companies provides transportation and logistics solutions in Alaska, Canada, the Pacific Northwest, Hawaii and around the world. Extensive multi-modal capabilities allow customers to optimize time and money by shipping via air, land or sea, or in any combination. For more than a century, Lynden has been helping customers get the job done. To learn more visit www.lynden.com or follow our pages on Facebook, Twitter, Instagram, or LinkedIn. 

Attachments

• Lynden-Legacy
• Lynden Transport

Ryan Dixon, Director of Marketing
Lynden
(206) 439-1266
[email protected]