Day: May 26, 2021

AnalytixInsight to Develop AI-Assisted North American Stock Trading and Research Platform, Reports First Quarter 2021 Financial Results

Written by Customer Service on May 26, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, May 26, 2021 (GLOBE NEWSWIRE) — Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V: ALY; OTCQB: ATIXF), announces the development of an AI-assisted North American stock trading and research platform, and reports financial results for the first quarter ended March 31, 2021.AI-assisted stock trading & research platform to be developed for North American market under a strategy to launch a suite of offerings including research, proprietary scores, and unique order management systems that assess investor risk tolerance metrics, Robo-advisor to be added to InvestoPro, the European stock trading platform that received regulatory approval in March 2021, as an additional product offering within its wide range of AI-assisted education and trading tools, Payment processing to...

Flora Growth Hosting CEO Fireside Discussion Tomorrow

Written by Customer Service on May 26, 2021. Posted in Public Companies.

TORONTO, May 26, 2021 (GLOBE NEWSWIRE) — Flora Growth Corp. (NASDAQ: FLGC) (“Flora”, “Flora Growth”, or the “Company”), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, announced it will be hosting a live fireside discussion between President & CEO, Luis Merchan, and Vice President of Corporate Development, James Williams. The virtual fireside conversation will take place on Thursday, May 27th at 1:00 pm ET and all those interested in attending are encouraged to register using the following link. Registration Link:https://us02web.zoom.us/webinar/register/WN_5CInKn34SyST6xaoiSnVxg Specifically, Luis and James will be providing updates on Flora Growth’s recent business developments and overall international cannabis strategy. This includes discussing the recent cultivation progress at Cosechemos,...

Financing update as Amarillo releases Q1 2021 results

Written by Customer Service on May 26, 2021. Posted in Earnings Releases And Operating Results.

This news release should be read in conjunction with our consolidated financial statements and management’s discussion and analysis for the three months ended March 31, 2021. Both are available at www.amarillogold.com, and under our company profile at www.sedar.com. All monetary amounts are in Canadian dollars unless stated otherwise. TORONTO, May 26, 2021 (GLOBE NEWSWIRE) — Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) remains focused on finding the best construction financing option for its shareholders, said the Company today as it announced its financial results for the three months ended March 31, 2021. “Securing the balance of the construction financing for our Posse Gold Project is taking longer than we anticipated,” said Mike Mutchler, Amarillo’s Chief Executive Officer. “However, we have considerably de-risked the...

Riot Blockchain Completes Acquisition of Whinstone US, Creating Leading North American Bitcoin Mining Company

Written by Customer Service on May 26, 2021. Posted in Mergers And Acquisitions.

US-based Bitcoin miner Riot Blockchain has closed its acquisition of Whinstone US, the owner and operator of North America’s largest Bitcoin mining and hosting facilityWhinstone U.S. – Rockdale, Texas FacilityCastle Rock, CO 80104, May 26, 2021 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot”, “Riot Blockchain” or the “Company”) today announced that it has completed its previously announced acquisition of Whinstone US (“Whinstone”) from Northern Data (XETRA: NB2). The total consideration paid in the transaction was 11.8 million shares of Riot common stock and $80 million in cash, funded with cash on the balance sheet. “The successful acquisition of Whinstone marks the most significant milestone in Riot’s history, and firmly establishes the Company as a leading Bitcoin mining...

Bitfarms Reports Q1 2021 Financial Results

Written by Customer Service on May 26, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, Ontario and BROSSARD, Québec, May 26, 2021 (GLOBE NEWSWIRE) — Bitfarms Ltd. (“Bitfarms”, or the “Company”) (TSXV: BITF/OTC: BFARF) today announced its financial results for the first quarter ended March 31, 2021. All financial references are denominated in US dollars, unless otherwise noted. Q1 2021 Key EventsIn January and February 2021, the Company closed 3 private placements with US institutional investors for combined gross proceeds of CAD$80 million. The net proceeds provided the Company the financial leverage to expedite its infrastructure expansion plans, make deposits for miners and provide working capital flexibility; On March 2nd, 2021, the Company placed its biggest order of mining rigs in its history; 48,000 best in class miners with MicroBT. Deliveries are anticipated to start in January 2022. When all miners...

Quorum Announces Q1 2021 Results

Written by Customer Service on May 26, 2021. Posted in Earnings Releases And Operating Results.

Software as a Service (“SaaS”) revenue of $6.1 million Business Development Centre (“BDC”) revenue of $2.2 millionAdjusted EBITDA1 of $1.3 million CALGARY, Alberta, May 26, 2021 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc. (TSX Venture: QIS) (“Quorum”), a leading provider of innovative and robust technology solutions and services to traditional and electric vehicle dealerships and Original Equipment Manufacturers (“OEM”) across North America, released its results for Q1 2021 today. Q1 2021 was the highest SaaS revenue quarter in the Corporation’s history. Both SaaS and BDC revenue increased by 1% and 12% respectively over Q4 2020. These quarter-over-quarter increases represent annualized increases of 4% and 48% respectively. First Quarter ResultsSaaS revenue was $6.1 million, an increase of...

Celestica to Hold a Virtual Meeting about its Capital Equipment Business with Analysts and Investors

Written by Customer Service on May 26, 2021. Posted in Public Companies.

TORONTO, May 26, 2021 (GLOBE NEWSWIRE) — Celestica Inc. (NYSE: CLS)(TSX: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced it will hold an analyst and investor meeting on June 3 at 4:00pm ET. During the meeting, Celestica’s management will provide an overview of Celestica’s Capital Equipment business. In addition, Celestica today also reaffirmed its guidance for the second quarter of 2021 (Q2 2021)*. To participate in the conference call in listen-only mode, please dial (647) 788-4919 or 1 (877) 291-4570. To ensure your participation, please call in approximately ten minutes prior to the scheduled start of the call. Analysts will have the opportunity for a Q&A with speakers following the formal remarks. A webcast is also available at:https://onlinexperiences.com/Launch/QReg/ShowUUID=39CC8A02-7F3B-4BAA-A460-EEF1371244AA A...

Knight Therapeutics Announces Closing of Previously Announced Acquisition and Exclusive License to Exelon® in Canada and Latin America

Written by Customer Service on May 26, 2021. Posted in Public Companies.

MONTREAL, May 26, 2021 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX: GUD) (“Knight”) a pan-America (ex-USA) specialty pharmaceutical company, is pleased to announce that it has completed the acquisition of the exclusive rights to manufacture, market and sell Exelon® (rivastigmine Patch, Capsules and Solution) in Canada and Latin America (the “Territory”), as well as an exclusive license to use the intellectual property and the Exelon trademark, from Novartis within the Territory. Knight has paid USD $168 million in cash and will pay an additional milestone payment of up to USD $12 million upon the achievement of certain conditions. Knight has entered into a transition service agreement until transfer of marketing authorizations, on a country by country basis during which Knight will receive a net profit transfer....

Better Collective has resolved on a directed share issue of 6.9 million shares, thereby raising gross proceeds of SEK 1,500 million and significantly increasing financial flexibility

Written by Customer Service on May 26, 2021. Posted in Public Companies.

Regulatory release no. 17NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES. Better Collective A/S (“Better Collective” or the “Company”), a global sports betting media group with a leading position in the US in light of the recently announced acquisition of Action Network Inc., today announces, in accordance with the Company’s press release earlier today, the closing of a directed share issue of 6.9 million shares at a price of SEK 218 per share (the “Transaction”). The Transaction will raise proceeds to the Company of SEK 1,500 million before transaction costs. The Transaction was significantly oversubscribed...

Galane Gold Ltd. Releases Financial and Operating Results for Q1 2021

Written by Customer Service on May 26, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, May 26, 2021 (GLOBE NEWSWIRE) — Galane Gold Ltd. (“Galane Gold” or the Company”) (TSX-V: GG; OTCQB: GGGOF) is pleased to announce the release of its financial results for the three months ended March 31, 2021. A copy of the unaudited condensed consolidated interim financial statements for the three months ended March 31, 2021 prepared in accordance with International Financial Reporting Standards and the corresponding Management’s Discussion and Analysis are available under the Company’s profile on www.sedar.com. All references to “$” in this press release refer to United States dollars. First Quarter 2021 HighlightsProduced 5,600 ounces of gold at Mupane and sold its gold at an average sales price of $1,771 per ounce. Earnings from mining operations for the period of $890,559. Positive cash flows from operating activities...

Day: May 26, 2021

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