Day: November 11, 2020

Freshii Inc. Announces Third Quarter 2020 Results

Generates positive free cash flow and maintains strong cash position through Q3Strong system-wide sales recovery with more than 70% sequential increase vs Q2Same store sales benefitted from average cheque growth vs prior yearAdvancement of strategic agenda continues with North American launch of all-new Freshii app,rollout of dinner plates in Canada and a new streamlined operating model in the USContinued deployment of significant investment funds to support franchisees (as announced in Q2 2020)CPG business completes successful Q3 launch with ONroute travel hubsTORONTO, Nov. 11, 2020 (GLOBE NEWSWIRE) — Health and wellness brand Freshii Inc. (TSX: FRII) (“Freshii” or, the “Company”) today announced financial results for the third quarter ended September 27, 2020 (“Q3 2020”).“Although the rolling phases of the COVID-19 pandemic have...

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WestKam Gold Corp. Announces Closing of Private Placement and Director Change

Not for distribution to United States newswire services or for dissemination in the United States.VANCOUVER, British Columbia, Nov. 11, 2020 (GLOBE NEWSWIRE) — WestKam Gold Corp. (TSX-V: WKG) (the “Company” or “WestKam”), announces that it has completed the closing of its non-brokered $0.12/unit private placement previously announced on September 28, 2020, and has issued 8,125,331 units for gross proceeds of $975,039.72.   In connection with this private placement, the Company paid a total of $7,912.80 and issued a total of 65,940 warrants as finder’s fees. Each finder’s warrant is exercisable for one common share at a price of $0.20 for 5 years.   All securities issued under this financing are subject to a hold period expiring March 11, 2021, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.WestKam...

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Acreage Holdings Reports Third Quarter 2020 Results

NEW YORK, Nov. 11, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U), (OTC: ACRHF, ACRDF) today reported financial results for the third quarter of 2020.THIRD QUARTER FINANCIAL HIGHLIGHTS (UNAUDITED)Reported revenue was $31.7 million, a 42% increase compared to the same period in 2019, and a 17% increase compared to the second quarter of 2020. Partner revenue was $17.0 million, a 79% increase compared to the same period in 2019, and a 2% increase compared to the second quarter of 2020.Company-owned same store sales growth was 36%, marking the seventh consecutive quarter of double-digit same store sales comparisons.Same store sales growth for our managed entities was 22%.Gross margin was 42.5%, an 80 basis point decrease compared to the same period in 2019, and a 110 basis point increase compared...

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Multi-Center Evaluation of Bionano Optical Genome Mapping by Cytogenetics Thought Leaders in the US Leads to Recommendation for Bionano’s Saphyr to Replace Karyotyping as First-Line Test for Detection and Identification of Structural and Copy Number Variants in Leukemia Patients

Saphyr detected all clinically relevant structural variants (SVs) and copy number variants (CNVs) in 100 AML samples making it 100% concordant with standard of careSaphyr also detected additional clinically relevant SVs above and beyond standard of care in 11% of cases and refined the genomic structure analysis in another 13% of cases, which means Optical Genome Mapping (OGM) with Saphyr has the potential to change prognosis and patient managementStudy authors are from leading institutions in the United States, including Augusta University, Columbia University, Fred Hutchinson Cancer Research Center, Mayo Clinic, MD Anderson Cancer Center and, Penn State UniversitySAN DIEGO, Nov. 11, 2020 (GLOBE NEWSWIRE) — Bionano Genomics, Inc. (Nasdaq: BNGO) announced the publication of a study led by cytogenetics experts from the nation’s top...

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Origin Gold Announces Board Change and Grants Stock Options

TORONTO, Nov. 11, 2020 (GLOBE NEWSWIRE) — Origin Gold Corporation (“Origin Gold” or the “Company”) (TSXV: OIC) has granted an aggregate of 1,400,000 stock options to certain consultants and officers and a director of the Company pursuant to the Company’s stock option plan. The stock options vest immediately and may be exercised at a price of $0.24 per option for a period of five years from the date of grant.In addition, the Company announces today the resignation of Mr. Scott Moore as a director of the Company, effective immediately.The board and management of the Company express their gratitude to Mr. Moore for his efforts and extensive contributions and wish him well in his future endeavours.About Origin GoldOrigin Gold is a mineral exploration company with its exploration activities focused in Colombia.For additional information,...

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Allegro MicroSystems, Inc. to Announce Second Quarter Fiscal Year 2021 Financial Results on Thursday, November 19, 2020

MANCHESTER, N.H., Nov. 11, 2020 (GLOBE NEWSWIRE) — Allegro MicroSystems, Inc. (Nasdaq: ALGM) today announced it will release financial results for the second quarter fiscal year 2020 prior to the market opening on Thursday, November 19, 2020. Following the press release, the Company will host a conference call at 8:30AM Eastern time, the same day. Ravi Vig, President and Chief Executive Officer, Paul Walsh, Senior Vice President, Finance & Administration and Chief Financial Officer will discuss ALGM’s results.Analysts and investors are invited to join the conference call using the following information:What: Allegro MicroSystems’ 2Q Fiscal 2021 Earnings Conference CallWhen: Thursday, November 19, 2020Time: 8:30 a.m. EST Conference Dial-in: 1-833-665-0677International Dial-in: 1-929-517-0172Conference ID: 9562657An archived...

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Peyto Announces 1,000th Horizontal Well and Q3 2020 Financial Results

CALGARY, Alberta, Nov. 11, 2020 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the third quarter of the 2020 fiscal year. While the COVID-19 pandemic continued to grip the world and global energy markets, Peyto was able to safely continue conducting drilling operations, achieving a significant operational milestone in the Company’s 22 year history with the completion of its 1,000th horizontal well. Results for the quarter included:Funds from operations of $0.30/share. Generated $49 million in Funds From Operations (“FFO”) in Q3 2020, down from $68 million in Q3 2019 due to 14% lower realized commodity prices offset by 2% higher production levels. Liquids production up 6%. Natural gas production increased 1% from 396 MMcf/d in...

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Ascendis Pharma A/S to Host Virtual Oncology R&D Day on Friday, November 20

– Event will provide an overview of how Ascendis is applying its TransCon™ technology platform and its unique algorithm for product innovation to the therapeutic area of oncology –COPENHAGEN, Denmark, Nov. 11, 2020 (GLOBE NEWSWIRE) — Ascendis Pharma A/S (Nasdaq: ASND), a biopharmaceutical company that utilizes its innovative TransCon™ technologies to create product candidates that address unmet medical needs, today announced that the company will host a virtual Oncology R&D Day on Friday, November 20, 2020.The event will provide an overview on the company’s strategy to apply the TransCon technology platform, which has been clinically validated in endocrinology rare disease, to our second therapeutic area of oncology to create product opportunities that have the potential to represent a paradigm shift in treating patients with...

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VISLINK TECHNOLOGIES, INC. Third Quarter 2020 Earnings Update 

HACKETTSTOWN, NJ, Nov. 11, 2020 (GLOBE NEWSWIRE) — Vislink Technologies, Inc. (NASDAQ: VISL) (the “Company”) plans to release the results of its third quarter (ended September 30, 2020) on Thursday, November 12, 2020. On Friday November 13, 2020, Vislink’s CEO, Carleton Miller, and CFO, Michael Bond, will host a webcast at approximately 10:00 a.m. ET to give the Q3 earnings update. This webcast will be live at https://services.choruscall.com/links/visl201113.html. Investors will be able to submit questions during the webcast.About Vislink Technologies, Inc.Vislink Technologies is a global leader in the development and distribution of advanced communication solutions. Driven by technical excellence that has led the industry for over 50 years, our innovative products and turnkey solutions provide reliable connectivity in the toughest...

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Consumer Portfolio Services’ Board of Directors Unanimously Rejects Unsolicited Indication of Interest from Auto Experience Inc.

LAS VEGAS, Nov. 11, 2020 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that its board of directors unanimously rejected Auto Experience Inc.’s (“AEI”) unsolicited indication of interest in acquiring the Company. After careful review and consideration, the CPS board concluded that AEI’s indicated price of $135 million grossly undervalues the Company. Taking into account the Company’s long-term prospects, the board determined that pursuing such a transaction would not be in the best interests of the Company’s shareholders. In addition, the CPS board does not believe that AEI’s indication of interest is credible.About Consumer Portfolio Services, Inc.Consumer Portfolio Services, Inc. is an independent specialty finance company that provides indirect automobile financing...

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