Greenland Resources Completes Sale of Copenhagen Minerals Inc. and the Storø Gold Project

Written by Customer Service on May 28, 2021. Posted in Mergers And Acquisitions.

TORONTO, May 28, 2021 (GLOBE NEWSWIRE) — Greenland Resources Inc. (“Greenland Resources” or the “Company”) is pleased to announce that it has closed the previously announced transaction with Cryptologic Corp. (CSE:CRY) (“Cryptologic”) on January 27, 2021 to sell 100% of the outstanding shares of the Company’s wholly-owned subsidiary, Copenhagen Minerals Inc., which owns the Storø Gold project, located in south west Greenland (the “Transaction”). As a result of the of the closing of the Transaction, Cryptologic changed its name to “Greenhawk Resources Inc.” (“Greenhawk”). Pursuant to the closing of the Transaction, the Company received cash consideration of $0.25 million and an aggregate 22 million common shares of Greenhawk at a deemed issue price of $0.24 per share as well as board representation. For further information on the...

Pulse Seismic Inc. Signs $17.0 Million Seismic Data Licensing Agreement

Written by Customer Service on May 28, 2021. Posted in Public Companies.

CALGARY, Alberta, May 28, 2021 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to announce it has signed a $17.0 million seismic data licensing contract. On signing, the Company will immediately deliver a portion of the data and will recognize revenue of $7.3 million. The remainder of the data must be selected by the customer before April 15, 2022, at which time the balance of the $9.7 million licensing fees will be recognized as revenue. The licence is for 3D seismic data located in a liquids rich fairway in the west shale basin with multi-zone potential in Central Alberta. “I am extremely pleased to announce the signing of this significant agreement and the recognition of the first tranche of $7.3 million that brings Pulse’s year-to-date seismic data library sales to $17.2 million....

Robex Resources Inc.: 2021 First Quarter Results and Future Consolidation

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

QUEBEC CITY, May 28, 2021 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex”, “the Group” or “the Company”) (TSXV: RBX/FWB: RB4) reports its financial performance for the quarter ended March 31, 2021. All amounts are presented in Canadian dollars (CAD). The first quarter of 2021 was, in line with our forecasts, impacted on one side by the drop in production related to the low grades surface ore and on the other side an increase in the stripping ratio from the new pits. This essential groundwork is helping us prepare for the future. With the end of the 2020 exploration program in the first quarter of 2021, stripping the new pits during the second quarter of 2021 and preparing for the rainy season, Robex should be able to improve its profitability for the second half of the year. An optimization of the strategic mine plan is currently...

Theralase Releases Q12021 Interim Financial Statements

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, May 28, 2021 (GLOBE NEWSWIRE) — Theralase® Technologies Inc. (“Theralase” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company dedicated to the research and development of light activated PhotoDynamic Compounds (“PDC”) and their associated drug formulations intended to safely and effectively destroy various cancers released its unaudited Q12021 condensed interim consolidated financial statements. Financial Highlights: For the three-month periods ended March 31st: Audited Consolidated Statements of Operations In Canadian Dollars 2021$ 2020$ % Change Revenue Canada 104,406 111,543 6% United States 20,377 – Total Revenue 124,783 111,543 12% Cost of Sales 74,463 99,447 -25% Gross Margin 50,320 12,096 316% Gross Margin as a percentage...

Noront Resources Announces ISS and Glass Lewis Recommend That Shareholders Vote FOR the Company’s Director Nominees Ahead of the Annual and Special Meeting of Shareholders

Written by Customer Service on May 28, 2021. Posted in Public Companies.

Shareholder Proxy Voting Deadline is Monday, June 7, 2021 at 10:00 a.m. (Toronto time) Shareholder Questions or Require Voting Assistance? Contact Laurel Hill Advisory Group toll free at 1-877-452-7184 by email at assistance@laurelhill.com. TORONTO, May 28, 2021 (GLOBE NEWSWIRE) — Noront Resources Ltd. (TSXV: NOT) (“Noront” or the “Company“) announces that leading independent international corporate governance analysis and proxy advisory firms Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co., (“Glass Lewis”) have recommended that Noront shareholders vote FOR all of the Company’s director nominees who are standing for election at Noront’s upcoming Annual and Special Meeting of Shareholders (the “Meeting”) being held on June 9, 2021 at 10:00 a.m. (EDT), and FOR the other items of business....

iRhythm Technologies to Present at the 41st Annual William Blair Growth Stock Conference

Written by Customer Service on May 28, 2021. Posted in Public Companies.

SAN FRANCISCO, May 28, 2021 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ: IRTC), a leading digital health care solutions company focused on the advancement of cardiac care, today announced the company will be participating in the upcoming 41st Annual William Blair Growth Stock Conference. iRhythm’s management is scheduled to present on Wednesday, June 2 at 11:40 a.m. Eastern Time. Interested parties may access a live and archived webcast of the presentation on the “Investors” section of the company’s website at: www.irhythmtech.com. About iRhythm Technologies, Inc. iRhythm is a leading digital health care company redefining the way cardiac arrhythmias are clinically diagnosed. The company combines wearable biosensor devices worn for up to 14 days and cloud-based data analytics with powerful proprietary algorithms that...

CareDx Announces Strategic Minority Investment in Miromatrix

Written by Customer Service on May 28, 2021. Posted in Public Companies.

Participation in Series C and Research Partnership to Advance Development of Bioengineered Transplantable Organs SOUTH SAN FRANCISCO, Calif., May 28, 2021 (GLOBE NEWSWIRE) — CareDx, Inc. (Nasdaq: CDNA), a leading precision medicine company focused on the discovery, development, and commercialization of clinically differentiated, high-value healthcare solutions for transplant patients and caregivers, today announced it has closed a minority investment in Miromatrix, a biotechnology company working to eliminate the need for an organ transplant waiting list through the development of implantable engineered biological organs. CareDx and Miromatrix have also agreed to collaborate on certain research and development activities using CareDx technology. Life-saving organ transplantation is severely constrained by the number of organs available...

ParcelPal Technology, Inc. Reports First Quarter 2021 Results Highlighted by Record Q1 Revenue and a Significantly Reduced Cash Operating Loss

Written by Customer Service on May 28, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, May 28, 2021 (GLOBE NEWSWIRE) — ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (OTC:PTNYF) (CSE:PKG) (FSE:PT0) is pleased to announce its Q1 2021 financial results highlighted by record Q1 revenue and a significantly reduced cash operating loss year over year. Overview In Q1 2021, the Company continued its operating success, which was driven by revenue growth of 8% to approximately $1.2 million (up from $1.1K in Q1 2020), which was a record revenue high for Q1 since inception of the Company. Importantly, the Company’s cash operating loss decreased 30% to $599,215 (compared to $849,116 in Q1 2020). Despite a much slower start to the year in business with our largest customer (due to an issue out of our control), we were able to offset it with continued diversification of our customer base,...

Pasinex Announces First Quarter 2021 Financial Results

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, May 28, 2021 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) today reports the Company’s financial and operating results for the three months ended March 31, 2021. Andrew Gottwald, Chief Financial Officer of Pasinex, commented, “The first quarter of 2021 was a continuation of the building that occurred in 2020. The dewatering of the fourth adit, although not complete, has allowed for access to sulphide product located at the 625-metre level. There should be sufficient sulphide product at the 625-metre level to mine until the fourth adit development is complete, to make up for the originally forecasted sulphide product production. With zinc prices having rebounded together with increased tonnage available for sale, this should lead to improved sales metrics and cash flow in...

TUSCAN HOLDINGS CORP. RECEIVES NASDAQ NOTIFICATION REGARDING DELAYED FORM 10-Q

Written by Customer Service on May 28, 2021. Posted in Public Companies.

NEW YORK, New York, May 28, 2021 (GLOBE NEWSWIRE) — Tuscan Holdings Corp. (NASDAQ: THCB) (“Tuscan” or the “Company”), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities, announced that on May 28, 2021, it received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) advising that because the Company failed to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021 (the “Form 10-Q”), the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Rule”). Nasdaq has informed the Company that it has until July 26, 2021 to submit a plan to regain compliance with the Rule, provided that the Company...

Day: May 28, 2021

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