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Seahawks try for 7th straight win in series vs. Cards in crucial NFC West matchupTEHRAN –A delegation of Iranian knowledge-based companies will participate in the 24th International Nanotechnology Exhibition & Conference (nano tech 2025) which is scheduled to be held from January 29 to 31 in Tokyo, Japan. Supported by the Headquarters for the Development of Nano-technology and the Organization for Development of International Cooperation in Science and Technology, knowledge-based companies will showcase their latest achievements in various industrial areas such as nanomaterials, nano-devices, nanostructures, nanostructures’ measurement and analysis, convergence of nanotechnology in advanced industries and functional products, ISNA reported. With the theme of ‘Bridge to Future Business: Innovating Nanotechnology’, the event is a place where innovative materials and next-generation devices are gathered to explore the implementation of future technologies in society based on nanotechnology, an important common base technology for research and development. According to the latest statistics, Iran’s nano-tech products are exported to 48 countries worldwide. The first five export destinations are Iraq, Afghanistan, Russia, Turkey, and Georgia, accounting for some 80 percent of exports, Mehr quoted Emad Ahmadvand, an official with the vice presidency for science and technology, as saying. A total of 1808 nano-tech products have so far been produced and marketed in 15 different industrial fields based on domestic technologies in the current Iranian calendar year that ends on March 20. Based on the survey, the total sale of nano-tech products made in Iran is calculated to be more than 300 trillion rials (around $600m), Ahmadvand pointed out. The market’s total value is equal to 1.125 billion dollars, with nano-tech products exports accounting for 69 million dollars representing six percent of the entire market value. Last year, the best-selling products were sanitary faucets, oil and gas nano-catalysts, automotive nano-catalysts, construction and decorative tiles, and optoelectronic products, respectively. The industrial fields of construction; automobile and transportation; oil, gas, and petrochemical had the largest share of the market, respectively. Iran’s achievements in nanotechnology are noteworthy. The increase in scientific publications and sales of nano products proves Iran’s rise as a global leader in this field. One of the industries that have experienced good growth in Iran in recent years is the nanotechnology industry, a subject area that has brought Iran to the impressive fourth place worldwide. According to StatNano, a leading nanotechnology website, Iran has made great strides in the field of nanotechnology being ranked fourth in terms of nanotechnology publication. This ranking proves the country’s remarkable scientific development. The site considers the number of scientific articles to compare scientific progress in nanoscience, technology, and industry. MT/MG
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BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ AND ON EDGAR TORONTO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Profound Medical Corp. (TSX: PRN; NASDAQ: PROF) (“Profound” or the “Company”) today announced that it intends to offer and sell common shares (the “Common Shares”) in an underwritten public offering (the “Offering”). In addition, Profound expects to grant the underwriters of the Offering a 30-day option to purchase up to an additional 15% of the Common Shares sold in the Offering. All of the securities in the Offering are being offered by Profound. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. The net proceeds of the Offering are expected to be used: (i) to fund the continued commercialization of the TULSA-PRO® system in the United States, (ii) to fund the continued development and commercialization of the TULSA-PRO® system and the Sonalleve® system globally, and (iii) for working capital and general corporate purposes. The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the Company and Raymond James Ltd. and Lake Street Capital Markets as co-lead underwriters and joint bookrunners, and a third underwriter. The Offering is expected to take place in each of the provinces and territories of Canada, except the province of Québec, and in the United States. The Offering is expected to close on or about December 10, 2024, subject to customary closing conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange. Profound will notify the Nasdaq Capital Market in accordance with the rules of that exchange. In connection with the Offering, the Company has filed a preliminary prospectus supplement (the “Preliminary Prospectus Supplement”) and intends to file a subsequent prospectus supplement (the “Prospectus Supplement”) to its short form base shelf prospectus dated July 10, 2024 (the “Base Shelf Prospectus”) in each of the provinces and territories of Canada relating to the proposed Offering. The Prospectus Supplement will also be filed in the United States with the U.S. Securities and Exchange Commission (the “SEC”) as part of the Company’s effective registration statement on Form F-10 (File no. 333-280236), as amended, previously filed under the multijurisdictional disclosure system adopted by the United States. Access to the Base Shelf Prospectus, the Prospectus Supplement, and any amendments to the documents will be provided in accordance with securities legislation relating to procedures for providing access to a shelf prospectus supplement, a base shelf prospectus and any amendment. The Base Shelf Prospectus is, and the Prospectus Supplement will be (within two business days of the date hereof), accessible on SEDAR+ at www.sedarplus.com and on EDGAR at www.sec.gov . The Common Shares are offered under the Prospectus Supplement. An electronic or paper copy of the Base Shelf Prospectus, the Prospectus Supplement (when filed), and any amendment to the documents may be obtained without charge, from Raymond James Ltd., Scotia Plaza, 40 King St. W., 54th Floor, Toronto, Ontario M5H 3Y2, Canada, or by telephone at 416-777-7000 or by email at ECM-Syndication@raymondjames.ca by providing the contact with an email address or address, as applicable. Copies of the Prospectus Supplement and the Base Shelf Prospectus will be available on EDGAR at www.sec.gov or may be obtained without charge from Raymond James & Associates, Inc., Attention: Equity Syndicate, 880 Carillon Parkway, St. Petersburg, Florida 33716, by telephone at (800) 248-8863, or by email at prospectus@raymondjames.com , and from Lake Street Capital Markets, LLC, 920 2nd Ave S - Ste 700, Minneapolis, MN 55402, prospectus@lakestreetcm.com , (612) 326-1305. The Base Shelf Prospectus and Prospectus Supplement contain important, detailed information about the Company and the proposed Offering. Prospective investors should read the Base Shelf Prospectus and Prospectus Supplement (when filed) before making an investment decision. No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any province, territory, state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such province, territory, state or jurisdiction. About Profound Medical Corp. Profound is a commercial-stage medical device company that develops and markets customizable, incision-free therapies for the ablation of diseased tissue. Profound is commercializing TULSA-PRO®, a technology that combines real-time MRI, robotically-driven transurethral ultrasound and closed-loop temperature feedback control. Profound is also commercializing Sonalleve®, an innovative therapeutic platform that is CE marked for the treatment of uterine fibroids and palliative pain treatment of bone metastases. Forward-Looking Statements This release includes forward-looking statements regarding Profound and its business which may include, but is not limited to, the Offering, including the Offering’s timing, pricing, underwriters, size, terms, selling jurisdictions, closing, over-allotment option, and use of proceeds; the availability and timing of the final prospectus supplement; and, the expectations regarding the efficacy and commercialization of Profound’s technology. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "is expected", "expects", "scheduled", "intends", "contemplates", "anticipates", "believes", "proposes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such statements are based on the current expectations of the management of Profound. The forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the Company, including risks regarding the medical device industry, regulatory approvals, reimbursement, economic factors, the equity markets generally and risks associated with growth and competition. Although Profound has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Additional information about the risks and uncertainties of forward-looking statements and the assumptions upon which they are based is contained in the Company’s filings with securities regulators, which are available electronically through SEDAR+ at www.sedarplus.com and EDGAR at www.sec.gov . Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Profound undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, other than as required by law. For further information, please contact: Stephen Kilmer Investor Relations skilmer@profoundmedical.com T: 647.872.4849As Syrian rebels advance, what can Iran and its tired allies do for Assad?Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000
Everyone should have a good blender in their kitchen and right now Amazon’s Cyber Monday sale includes a deal on the Ninja TB201 Detect Power Blender Pro that can save you a decent amount. The Ninja line of kitchen products includes tons of different appliances these days, but it started with blenders. What set them apart was their power and features for such a low price compared to high-end stuff. Normally the Ninja TB201 would cost you $139.99 if you had to pay the full price. However, for the rest of Cyber Monday, it can be yours for only $99.99. That means you end up saving $40. With the Ninja TB201 Dectect Power Blender Pro, you get a lot of functionality that will help transform anything you make. It has 1800 peak watts so it’s very powerful and should have no problem blending just about anything you would normally throw in a blender. You can use it for making smoothies, salsas, soups, and tons more. The pitcher that comes with it is also 72oz. That’s a ton of room for whatever you’re blending. I can’t tell you how many times I’ve had to make stuff in batches because my Ninja bullet-style blender just didn’t have enough room for all the ingredients. What’s nice about this and other Ninja blenders too is the Blendsense technology. This is a smart setting that adjusts the speed and time so that everything comes out perfectly smooth. It has more than this setting, of course, but I find it always gets the job done. There’s also a little display on the front that tells you the runtime, mode type, and more. If you don’t already have a good blender in the kitchen, don’t hesitate to pick this one up. Buy at AmazonBy Prince Charles Dickson The Latin axiom “Corruptissima re publica plurimae leges” rings painfully true for Nigeria. It translates to “the more corrupt the state, the more numerous the laws.” This adage seems to encapsulate the nation’s convoluted legal landscape, a labyrinth of statutes that often serve as tools for manipulation rather than instruments of justice. Nigeria, a nation blessed with abundant resources, has been plagued by endemic corruption for decades. This scourge has permeated every facet of society, from government institutions to the private sector. However, the problem isn’t merely the absence of ethical conduct; it’s also the overabundance of laws that are frequently ignored or selectively enforced. The Nigerian legal system is a complex web of statutes, regulations, and by-laws. The sheer volume of legislation can be overwhelming, even for legal professionals. So, let me address just one concern: our tax laws. The Nigerian government’s recent push for tax reform has ignited a firestorm of controversy, with proposed tax bills threatening to further burden an already struggling populace. The core of the issue lies in the perceived excessive taxation and the potential for increased government overreach. At the heart of the debate are several key bills, including the Nigeria Tax Bill 2024, the Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill. These bills aim to overhaul Nigeria’s tax system, with proponents arguing that they will modernize the system and boost government revenue. However, critics contend that these measures will disproportionately impact the middle class and small businesses, further stifling economic growth. One of the most contentious aspects of the proposed reforms is the expansion of the tax net to include previously exempt sectors and individuals. This has raised concerns about the government’s ability to effectively monitor and enforce these new taxes, potentially leading to increased corruption and bureaucratic inefficiency. Additionally, the proposed establishment of a new tax authority, the Nigeria Revenue Service, has sparked fears of increased surveillance and potential abuses of power. The timing of these proposed reforms has also come under scrutiny, with many arguing that they are ill-timed given the current economic climate. With rising inflation, unemployment, and poverty rates, many Nigerians fear that additional tax burdens will further erode their purchasing power and exacerbate social unrest. Meanwhile, sometime last week, a military convoy had an altercation with a civilian driving and overtaking. Whatever the real story was, the civilian was brutalized. Nigerians then went ahead especially those justifying the military right to brutality to reel out laws— Overtaking Military Convoy: Consequences Under Nigerian Law Overtaking a military convoy is a serious offense in Nigeria, punishable under various laws. This article examines the consequences of overtaking a military convoy under Nigerian law. Relevant Laws The Armed Forces Act (AFA) 2004: Section 119 prohibits obstructing or interfering with military operations, including convoys. The Road Traffic Act 2004: Section 35 prohibits reckless driving, including overtaking military convoys. The National Security Agencies Act 2004: Section 15 empowers security agencies to take necessary actions to maintain national security. Consequences of overtaking military convoy · Arrest and Detention: Security personnel may arrest and detain anyone who overtakes a military convoy. · Prosecution: Offenders may be prosecuted under the AFA, Road Traffic Act, or National Security Agencies Act. · Imprisonment: Conviction may result in imprisonment for up to 5 years (AFA) or 2 years (Road Traffic Act). · Fine: Offenders may be fined up to ₦50,000 (AFA) or ₦20,000 (Road Traffic Act). · Vehicle Confiscation: The vehicle used to overtake the convoy may be confiscated. · Tort Liability: Offenders may be liable for damages or injuries caused to military personnel or equipment. Court Rulings In Aoku v. State (2017), the Court of Appeal upheld a 5-year imprisonment sentence for overtaking a military convoy. Precautions to avoid consequences: Exercise caution when approaching military convoys; maintain a safe distance; follow traffic rules and regulations; avoid reckless driving. Overtaking a military convoy is a serious offense in Nigeria, carrying severe consequences under various laws. It is essential to exercise caution and respect military operations to avoid prosecution and punishment. Apart from the precautions everything in the piece is at best hogwash, some of those laws don’t even exist, but sadly it speaks to the legal proliferation I am referring to which leads to several unintended consequences. The nation suffers legal uncertainty as a result of conflicting laws. The sheer number of laws often leads to inconsistencies and contradictions, creating confusion and uncertainty for citizens and businesses alike. These laws have plenty overlapping jurisdictions and multiple agencies may have overlapping regulatory authority, leading to bureaucratic hurdles and delays. Whether it is LASTMA or FRSC and federal and local roads, or it is sharia or canon law. With selective enforcement, law enforcement agencies may prioritize certain laws over others, leading to selective justice and undermining the rule of law. These laws open the doors for corruption and abuse of power, as opportunities for bribery and extortion, corrupt officials to demand bribes or extort money from citizens and businesses. Leaving rooms open for Impunity for the Powerful as wealthy and influential can often use their connections to circumvent the law or delay legal proceedings. The sheer volume of laws can make it difficult to hold public officials accountable for their actions. Sometimes in corruption cases when citizens hear the judgments passed you wonder under which law. Do I need to emphasize how these laws stifle innovation and entrepreneurship, hindering economic growth, as a result of these regulatory burdens with red-tape, bureaucratic hurdles and delays that discourage foreign investment and hinder domestic businesses, we hardly make progress. All these laws make it difficult for businesses to plan and invest, leading to economic stagnation. When laws are not enforced or are selectively applied, citizens lose faith in the legal system and the government, leading to erosion of public trust, cynicism and distrust. Whether it is a tax law, or a traffic law, our laws need simplification and codification, we need to combine overlapping and contradictory laws into a more streamlined and coherent legal framework. There is need for loads of review and repeal by identifying outdated and unnecessary laws to reduce the regulatory burden. Currently, there is no effective enforcement. There is need to strengthen law enforcement agencies, with the resources and training they need to enforce the law effectively. Ensuring independence of the judiciary and protecting judges from political interference is paramount. Then we need robust accountability mechanisms to hold public officials accountable for their actions. Let me add that half of the problems of these laws are lack of public participation. Involve citizens in the law-making process to ensure that laws reflect their needs and concerns. Promote legal literacy to empower citizens to understand their rights and responsibilities, because just as the proposed tax bills have ignited a fierce debate across various sectors of Nigerian society, with civil society organizations, labor unions, and business groups voicing their concerns. The government continues to push for these reforms, the truth is that you cannot strike a balance between generating revenue and ensuring that the tax burden is distributed fairly and equitably with a populace that does not know what the law is about. By addressing the root causes of the problem, Nigeria can break free from the cycle of corruption and create a more just and equitable society. The path to progress lies in simplifying the legal framework, strengthening law enforcement, and fostering a culture of accountability and transparency, will Nigeria win these legal cycles—only time will tell. * Dr Dickson, a peace practitioner and policy analyst, writes from Jos, Plateau State. XXX
NoneStorm Bert is set to hit Northern Ireland this evening The Department of Agriculture, Environment and Rural Affairs (DAERA) has advised the public not to visit any country parks or forests due to weather warnings as a result of Storm Bert. The Met Office has issued a major update for people across the UK as a new storm is set to strike, with a yellow weather warning in place for Northern Ireland across Saturday for rain and snow. In a post on social media DAERA said: “In line with current @metofficeNI weather warning for high winds, we are advising the public not to visit affected forests, country parks & nature reserves on Sat 23 & Sun 24 Nov in affected areas until the high winds subside.” Traffic Watch NI has also warned of travel delays and disruption due to the weather and warned some ferry, air and rail journeys may be delayed. “A period of strong southeasterly winds is likely for a time on Saturday, with peak gusts of 50-60 mph in many parts of the warning area, but 60-70 mph in some coastal areas and also locally to the lee (northwest) of high ground, and perhaps in excess of 70 mph along some exposed coasts of Northern Ireland and western Scotland,” they said. "Outbreaks of rain on Friday night and into Saturday morning may be preceded by a spell of snow for a time, especially on high ground in northern and western areas. "Exactly where snow falls will depend quite heavily on both elevation and the intensity of precipitation, with any snow accumulations at low levels likely small and fairly short-lived. “However, there is the chance of temporary accumulations of 5-10 cm on ground typically above 150m and perhaps as much as 10-20 cm over mountain tops. "Any snow will quickly revert to rain on Saturday morning, with rain accumulations of 20-30 mm likely fairly widely, and perhaps as much as 40-60 mm on more exposed hills. “This, in conjunction with a rapid thaw of any lying snow, may cause some surface water and river flooding.” Salting of roads across Northern Ireland is also planned for Friday evening and for Saturday morning. Road users are advised to exercise caution when travelling, particularly when driving on untreated roads. Earlier today, Northern Ireland Water confirmed Silent Valley will be closed on both Saturday and Sunday and is scheduled to reopen on Monday due to the weather. Police have also warned drivers commuting to “drive to suit conditions” as a new warning is set to come into place due to the storm on Saturday. Translink have warned rural service routes such as Ballyclare, Larne, Cookstown, Ballymena and Magherafelt have all been impacted. Services from Belfast, Newcastle and Omagh did not run on this morning. The Met Office noted a risk of flooding power outages and delays as heavy rain, snow strong winds are expected ahead of further challenging conditions.
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