Month: February 2021

BUFFALO, N.Y., Feb. 24, 2021 (GLOBE NEWSWIRE) — CTG (NASDAQ: CTG), a leading provider of IT services and solutions in North America and Western Europe, today shared further details about the Company’s ongoing investments in advanced digital solutions and service offerings, including world-class digital leadership and expertise; innovative tools and methodologies; and adaptable delivery model options—all aimed to accelerate project momentum and the achievement of desired IT and business outcomes for CTG clients.Today’s announcement follows CTG’s fourth quarter and fiscal year 2020 financial results, which underscored the continued success of the Company’s objectives of improving operating performance and profitability. CTG also unveiled an updated brand and new tagline—Transformation Accelerated—to unequivocally communicate its promise...

This news release contains forward-looking information that is subject to assumptions and risk factors set out under the headings “Material Assumptions” and “Caution Regarding Forward-looking Information”. All production figures are on a 100% basis. All figures are in United States dollars (“US$”) unless otherwise stated.   All references in this document denoted with NG, indicate a non-GAAP term which is discussed under “Non-GAAP Measures”.TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra”) (TSX: CG) announced today the Company’s full-year guidance for 2021, including estimated gold production of 740,000 to 820,000 ounces and copper production of 70 to 80 million pounds.The Company also announced a three-year outlook reflecting growing gold production approaching the one million ounce level in 2022-2023 and...

VANCOUVER, British Columbia, Feb. 24, 2021 (GLOBE NEWSWIRE) — Planet Ventures Inc. (​TSX-V: PXI; OTC: PNXPF; FSE: P6U1​) (“​Planet” ​or the “​Company​”) is pleased to announce that its wholly owned subsidiary, 1st11 Limited (“1st11”), has entered into a strategic partnership agreement (the “Agreement”) with Final Level LLC (“Final Level”) – Latin America’s Number One Gaming Entertainment Platform.The Agreement states that 1st11 will acquire an initial 5% equity stake in Final Level. As consideration, Final Level will obtain the right to acquire $300,000 worth of share purchase warrants of Planet at a price of $0.40 cents for each share warrant granted. Final Level will also receive 230,116 shares in Planet, which will be restricted for a period as determined under TSX Venture Exchange rules. The Agreement also provides...

(All amounts expressed in U.S. Dollars unless otherwise stated)TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) reports financial and operational results for the three months and year ended December 31, 2020.Jody Kuzenko, President & CEO of Torex, stated:“2020 was a record-breaking year for many aspects of our business despite the challenges associated with COVID-19. Gold sales of 437,310 ounces at a realized gold price of $1,771/oz resulted in revenue of $789 million, a 23% increase from last year and the highest in our history. Our strong operational performance, in combination with a resurgent gold price, underpinned our strongest annual financial performance ever, with record net income of $109 million, record adjusted EBITDA of $431 million and record operating cash...

CAMPBELL, Calif., Feb. 24, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Friendable, Inc. (OTC: FDBL) (the “Company”) is pleased to provide an update regarding live streaming performances and activity on its Fan Pass platform as the month of February comes to a close. Fan Pass anticipates seeing even greater live streaming activity in these last days of the month, pushing the numbers even higher over January 2021.As February 2021 winds down, Fan Pass continues to track metrics across the Fan Pass platform, and the Company intends to share much more about these metrics in the coming weeks following the month’s end. Streaming event growth is up 100%, which provides a glimpse into how the Company is building upon measurable and incremental milestone achievements, trends and feedback from both artists and fans.“Metrics mean everything,...

TEL AVIV, Israel, Feb. 24, 2021 (GLOBE NEWSWIRE) — InspireMD, Inc. (NYSE American: NSPR), developer of the CGuard™ Embolic Prevention System (EPS) for the prevention of stroke caused by carotid artery disease, announced today that it has engaged Hart Clinical Consultants (HCC), a leading Contract Research Organization (CRO) to conduct the clinical trial for its CGuard Carotid Stent System in the United States.“HCC is ideally suited to manage this trial having supported clinical trial operations for a variety of products and indications, including with multiple carotid intervention procedures,” stated Marvin Slosman, InspireMD’s CEO. “This is an important step in our goal to achieve commercial registration of the CGuard System in the United States, one of the largest and most important markets for the sale and distribution of our...

VANCOUVER, British Columbia, Feb. 24, 2021 (GLOBE NEWSWIRE) — ValOre Metals Corp. (“ValOre”; TSX‐V: VO; OTC: KVLQF; Frankfurt: KEQ0, “the Company”) today announced assay results for 562 soil and 56 rock samples collected from the Santo Amaro target area at ValOre’s 100%-owned Pedra Branca Platinum Group Elements (“PGE”) Project in northeastern Brazil.“The Santo Amaro region has moved up our exploration priority list as impressive PGE results were generated through rock and soil sampling, geological mapping, and 2020 diamond core drilling,” stated ValOre’s Chairman and CEO, Jim Paterson. “ValOre’s team continues to unlock more value at Santo Amaro with targeted Trado®auger drilling and trenching programs prior to the return of the drill rigs this season.”Santo Amaro PGE Assay Highlights:Multiple high-grade PGE assay results from rock...

This news release contains forward-looking information that is subject to risk factors and assumptions set out in the Cautionary Note Regarding Forward-looking Information on page 22. All figures are in United States dollars unless otherwise stated.TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra”) (TSX: CG) today announced its 2020 year-end estimates for mineral reserves and mineral resources, including significant new mineral reserves at the Kumtor Mine, and a new NI 43-101 technical report for the Kumtor Mine. 2020 year-end mineral reserves have been estimated based on a gold price of $1,350 per ounce for the Kumtor Mine and based on an estimated gold price of $1,250 per ounce and a copper price of $3.00 per pound for the Mount Milligan Mine and Öksüt Mine.Kumtor Technical Report Highlights:Proven and probable...

Revenue was $152.1 million, up 2% sequentially and down 5% year-over-yearNet income attributable to Photronics, Inc. shareholders was $8.0 million, or $0.13 per diluted shareCash provided by operating activities was $26.3 million, capex was $17.5 million, share repurchases were $13.2 million, and ending cash balance was $278.5 millionSecond quarter 2021 guidance: revenue between $153 and $162 million with diluted EPS between $0.14 and $0.20BROOKFIELD, Conn., Feb. 24, 2021 (GLOBE NEWSWIRE) — Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its fiscal 2021 first quarter ended January 31, 2021.First quarter revenue was $152.1 million, up 2% compared with the previous quarter and down 5% compared with the same quarter last year. Integrated circuit (IC) revenue...