Day: June 1, 2021
Posts Revenue Growth of 36% and Adjusted EBITDA Growth of 28%
Strong Organic Growth of 13% YTD as Compared to 2020
CINCINNATI, June 01, 2021 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, today announced its second quarter fiscal 2021 financial results and operational highlights. These results pertain to the three and six months ended March 31, 2021 and are reported in U.S. Dollars.
Quipt will host its Quarterly Earnings Conference Call on Tuesday, June 1, 2021 at 10:00 a.m. (ET). The dial-in number is 1 (800) 319-4610 or 1 (604) 638-5340.
Financial Highlights:Revenue for Q2 2021 was $24.2 million compared to $17.9 million for Q2 2020, representing a 36% increase in revenue year-over-year....
TriumphPay Announces Closing of Previously Announced Hubtran Acquisition
Written by Customer Service on . Posted in Mergers And Acquisitions.
DALLAS, June 01, 2021 (GLOBE NEWSWIRE) — TriumphPay, a division of TBK Bank, SSB, announced today that it has closed the previously announced acquisition of HubTran, a cloud-based provider of automation software for the transportation industry’s back-office.
“Today is a momentous day for our company and our team members,” said TriumphPay chief executive officer Jordan Graft. “Since announcing this acquisition in April, the TriumphPay and HubTran teams have developed a solid plan to integrate our two platforms and create a fully integrated payments network for transportation, serving brokers and factors. With our open network, we will create frictionless presentment, settlement and payment of invoices for the benefit of all participants. With the close of this acquisition, we are ready to execute our strategy to...
Lumine Group Acquires Neural Technologies
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TORONTO, June 01, 2021 (GLOBE NEWSWIRE) — Lumine Group (“Lumine”), a division of Volaris Group focused in the communications and media vertical, today announced that it has completed the acquisition of Neural Technologies Ltd (“Neural”), a provider of modular revenue protection, signalling, machine learning (ML) and artificial intelligence (AI) software for telecom operators. Its revenue assurance suite includes capabilities for fraud management, revenue assurance, credit-risk management, business assurance, and anti-money laundering. Its ML and AI capabilities assist telecom operators with data integration and customer engagement. Neural is Lumine’s 19th acquisition, further establishing Lumine’s position as a leading global acquirer of communications and media software businesses.
Founded in 1991 in England, Neural’s initial...
Paratek Pharmaceuticals Announces FDA Approval of NUZYRA® (omadacycline) Oral Only Dosing Regimen for the Treatment of Community-Acquired Bacterial Pneumonia (CABP)
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– Oral-only dosing for the Treatment of CABP Expands the Commercial Opportunity for Primary Care Promotion
– Primary Care Market Opportunity for CABP Estimated at Approximately $1.5 Billion
BOSTON, June 01, 2021 (GLOBE NEWSWIRE) — Paratek Pharmaceuticals, Inc. (Nasdaq: PRTK), a commercial-stage biopharmaceutical company focused on the development and commercialization of novel life-saving therapies for life-threatening diseases and for other public health threats for civilian, government and military use, today announced that the U.S. Food and Drug Administration (FDA) has approved the Company’s supplemental New Drug Application (sNDA) for the oral-only dosing regimen of NUZYRA® for the treatment of adults with CABP.
“The approval of an oral-only dose regimen for NUZYRA in pneumonia represents a significant opportunity...
LexaGene Takes Steps to List on the Nasdaq
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BEVERLY, Mass., June 01, 2021 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to announce it is taking steps to list its common shares on the Nasdaq Capital Market with the goal of submitting its application prior to the end of 2021. A successful listing on the Nasdaq will make the Company’s shares more accessible to retail and institutional investors in the United States and internationally as well as increase share liquidity. The Nasdaq is the Company’s preferred Exchange as it hosts the best biotech and life science companies in the world.
LexaGene has taken several steps to prepare for a Nasdaq listing application.
First, LexaGene has reserved with the Nasdaq Exchange the ticker...
PyroGenesis is Pleased to Announce the Appointments of Ms. Nannette Ramsey to the Board of Directors and Mr. Ben Simo as CFO
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MONTREAL, June 01, 2021 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes plasma atomized metal powders, environmentally friendly plasma waste-to-energy systems and clean plasma torch products, is pleased to announce today the appointments of Ms. Nannette Ramsey, as an independent director to the Board of Directors (the “Board”) and, separately, Mr. Ben Simo as Chief Financial Officer (CFO) of the Company.
Ms. Ramsey holds undergraduate degrees in Economics, Engineering and an MBA. She brings manufacturing experience from Caterpillar Tractor Company, J.I. Case and more recently served as the Site Manager and Associate Director of Engineering...
C2C Gold Corp. Announces Acquisition of Jumpers Brook Gold Property
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VANCOUVER, British Columbia, June 01, 2021 (GLOBE NEWSWIRE) — C2C Gold Corp. (CSE: CTOC) (the “Company” or “C2C”) is pleased to announce the acquisition of the Jumpers Brook gold project strategically located adjacent to, and on trend, with Sokoman Minerals Corp.’s Moosehead gold project in the Central Newfoundland Gold Belt. This acquisition is in keeping with C2C Gold’s strategy to evaluate and aggressively advance targets to the drill stage while expanding the currently large, prospective land position.
The Jumpers Brook property is host to three documented mineral showings including the Sugar Mountain gold-arsenic occurrence with up to 3.3 g/t gold in historical rock samples. Sokoman Minerals Corp. is drilling the adjacent gold project (Moosehead) which has intersected several high-grade gold zones, including 11.90 m @ 44.96...
SEB Group Awarded Net New Contracts Valued >$27.0M Total Contract Wins in First Half Fiscal 2021 > $69.0M
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MISSISSAUGA, Ontario, June 01, 2021 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc., (“SEB”, TSXV:SEB), through its operating entities, has been awarded net new contracts valued in excess of $27.0M during the month of May, 2021. Clients included the Government of Canada and various corporate entities. The contracts extend out as long as 5 years. They include benefits processing contracts valued at over $2.0M and IT solutions and services valued at over $25.0M. This brings net new contract wins to in excess of $69.0M for fiscal 2021 year to date. The contracts are all net new business wins and add to SEB’s recurring revenue contract value. The majority are related to RFP (Request for Proposal) competitive bids. SEB’s RFP win rate in the past 6 months is >70%, an increase from >50% in fiscal 2020 and >30% in 2019. Our RFP win rate...
Wesana Announces Participation at Upcoming Events in June 2021
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TORONTO and CHICAGO, June 01, 2021 (GLOBE NEWSWIRE) — Wesana Health Holdings Inc. (“Wesana” or the “Company”) (CSE: WESA), an emerging data driven life sciences company focused on developing innovative approaches for better understanding, protecting and improving neurological health and performance, including through the advancement of psychedelic medicines, today announced that Daniel Carcillo, CEO of Wesana, will participate in two upcoming events in June 2021:H.C. Wainwright’s Psychedelics in Psychiatry and Beyond Conference to be held virtually on Thursday, June 17, 2021. In addition to the Wesana corporate presentation, Mr. Carcillo will participate in the Disruptive Psychopharmacology – An Introduction to Psychedelics and the Coming Revolution in Psychiatry panel at 9:00 a.m. ET. To attend, please register here.Momentum’s...
DIOS Discovers a Major Gold Target in Volcanics Hosting a Large Airborne IP on K2, WSW of Azimut’s Discovery
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K2 Sesame gold glacial train pointing up-ice at 2 km long Sesame Airborne IP (AIIP)Sesame AIIP anomaly (Airborne Interpreted Induced Polarization) up-ice of gold trainMONTREAL, June 01, 2021 (GLOBE NEWSWIRE) — Dios Exploration Inc. is very pleased to have uncovered a major 3 km long gold glacial train (B-horizon and boulders) targeting a significant source in a large volcanic hosted airborne IP on wholly-owned K2 property, west-southwest of Azimut’s Elmer gold property, James Bay Eeyou Istchee, QC.
The Sesame gold Target is a 2 km long by 200-400 m wide NE striking airborne IP anomaly, north of Kali pluton, 3.2 km up-ice of crumbly sericite enriched and carbonated felsic floats with 1-3% pyrite & quartz stringers that yielded up to 6.72 g/t Au, 29 g/t Ag, 0.2 %Cu, in perfect line up-ice of Wi-target goldbearing...