Day: August 25, 2021

Atlas Technical Consultants Awarded $9 Million on Multiple Texas DOT Contracts

Written by Customer Service on August 25, 2021. Posted in Public Companies.

AUSTIN, Texas, Aug. 25, 2021 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading Infrastructure and Environmental solutions provider, announced today a combined award of $9 million in multiple contracts to provide materials testing services for various districts in the state of Texas. The contracts are with the Texas Department of Transportation and will run for up to five years. Primarily for materials testing on projects, the contracts are valued at approximately $3 million in the San Antonio District, $2 million in the El Paso District, $2 million in the Houston District and $2 million in the Pharr, Laredo and Corpus Christi Districts. “These contracts not only demonstrate our long-standing relationship with the Texas DOT, but also the growth in our ability to provide the...

Mercado Livre announces acquisition of Kangu, a Latin American logistics operator

Written by Customer Service on August 25, 2021. Posted in Mergers And Acquisitions.

The platform acquired shareholder control of the company with which it already has a strategic partnership to further strengthen Mercado Livre’s Brazilian logistics operation SÃO PAULO, Aug. 25, 2021 (GLOBE NEWSWIRE) — Mercado Livre, Latin America’s leading e-commerce and financial services technology company, has announced its acquisition of Kangu, a Brazilian logistics company that operates in Brazil, Colombia and Mexico. Mercado Livre, which was already a strategic partner, expanded its participation with the acquisition of the entire company. This is consistent with the platform’s strategy of increasing investment across its logistics network to boost efficiency for sellers and offer its thousands of customers the fastest delivery times in Brazil. Over 40 thousand sellers currently use the Kangu network in the three countries...

Flexion Therapeutics Announces Expansion of Phase 1b Trial Investigating FX301 for the Management of Post-Operative Pain

Written by Customer Service on August 25, 2021. Posted in Public Companies.

Initial findings from proof-of-concept trial in patients undergoing bunionectomy support expansion of the study to include 36 additional patients Data from the trial, including the expansion cohort, anticipated by year-endBURLINGTON, Mass., Aug. 25, 2021 (GLOBE NEWSWIRE) — Flexion Therapeutics, Inc. (Nasdaq:FLXN) today announced the expansion of the Phase 1b randomized, double-blind, placebo-controlled trial of FX301 in patients undergoing bunionectomy. FX301 is a novel formulation of a locally administered NaV1.7 inhibitor (funapide) which aims to provide at least three to five days of post-operative pain relief while preserving motor function. The company’s decision to advance FX301 into the expansion cohort follows a review of safety data from the single ascending dose stage of the trial by an independent Safety Monitoring...

Achiko’s Rapid Covid-19 Diagnostic Test AptameX™ Receives Product and Registration Approval from Indonesia’s Ministry of Health

Written by Customer Service on August 25, 2021. Posted in Public Companies.

AptameX™, Achiko’s breakthrough DNA aptamer-based diagnostic test for Covid-19, received product and registration emergency use approval from the Ministry of Health in Indonesia, alongside its sister digital passporting service, Teman Sehat™ (“Health Buddy”). PT Achiko Medika Indonesia, which is 50% owned by Achiko AG, and its manufacturing partner, PT Indofarma TBK, have signed an agreement for the production and registration of AptameX™. The approval, together with the partnership with PT Indofarma TBK, will enable access to low-cost and accurate Covid-19 testing for over 270 million Indonesians. Achiko closes funding with strategic investors for CHF 3.45 million. Proceeds will be used for working capital, business consolidation, and redemption of the Yorkville convertible note facility.ZURICH, Switzerland, Aug. 25, 2021 (GLOBE...

Dynacor Declares September 2021 Monthly Dividend

Written by Customer Service on August 25, 2021. Posted in Dividend Reports And Estimates.

MONTREAL, Aug. 25, 2021 (GLOBE NEWSWIRE) — Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Corporation) announced its monthly dividend. The declaration of a dividend payment of C$0.0067 per common share will be payable on September 17, 2021, to shareholders of record as of the close of business on September 8, 2021. This dividend represents the eighteenth dividend and eighth monthly payment made to shareholders. The Corporation’s monthly dividend qualifies as an “eligible dividend” for Canadian income tax purposes. The payment and increase of dividends are at the discretion of the Board and will depend on the Corporation’s financial results, cash requirements, prospects and other factors deemed relevant by the Board. ABOUT DYNACOR Dynacor is a dividend-paying industrial gold ore processor headquartered in Montreal, Canada. The...

American Lithium Reports Highest Lithium Extraction to Date from TLC Claystones with 97.4% Extraction from Sulfuric Acid Leach

Written by Customer Service on August 25, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 25, 2021 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) is pleased to announce the highest lithium extraction results to date, achieving 97.4% extraction utilizing warm sulfuric acid leach on Tonopah Lithium Claims (“TLC”) claystone mineralization. Highlights:Latest TLC test work run by TECMMINE in Lima, Peru has achieved 97.4% lithium extraction using warm sulfuric acid leach, the highest results achieved to date from any recovery process. On-going test work for the sulfuric acid process route will continue to be optimized by varying leach time, acid concentration, temperature, solid-liquid ratios and grind/particle size. Metallurgical work on the TLC claystone mineralization continues to demonstrate amenability to three...

Omni-Lite Industries Reports Second Quarter Fiscal 2021 Results and Announces Conference Call for Investors to be Held on Thursday, August 26, 2021

Written by Customer Service on August 25, 2021. Posted in Earnings Releases And Operating Results.

Second Quarter Fiscal 2021 Revenue of US$1.2 million, a decline of 26% Compared to Second Quarter Fiscal Year 2020 and Comparable to First Quarter Fiscal 2021 Adjusted EBITDA Loss Stabilized at COVID Impacted Revenue Levels Free Cash Flow Loss of Approximately US$93,000, a 26% Improvement Over the First Quarter Liquidity in Excess of US$3.1 MillionTSXV: OMLOTCQX: OLNCF LOS ANGELES, Aug. 25, 2021 (GLOBE NEWSWIRE) — Omni-Lite Industries Canada Inc. (the “Company” or “Omni-Lite”; TSXV: OML) today reported results for the fiscal second quarter ending June 30, 2021. Full financial results are available at sedar.com. Second Quarter Fiscal 2021 Results Revenue for the second quarter of fiscal 2021 was approximately US$1.2 million, a decrease of approximately 26% as compared to the second quarter of fiscal 2020,...

Jiayin Group Inc. Reports Second Quarter 2021 Unaudited Financial Results

Written by Customer Service on August 25, 2021. Posted in Earnings Releases And Operating Results.

— Second Quarter Total Loan Origination Volume grew 153.0% to RMB5,663 million — — Second Quarter Net Income grew 208.5% to RMB126.8 million — SHANGHAI, China, Aug. 25, 2021 (GLOBE NEWSWIRE) — Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Operational and Financial Highlights :Loan origination volume1 was RMB5,663 million (US$877.1 million), representing an increase of 153.0% from the same period of 2020.Average borrowing amount per borrower was RMB5,993 (US$928.2), representing a decrease of 14.2% from the same period of 2020.Repeat borrowing rate2 was 72.4%, compared with repeat borrowing rate of 72.0% in the same period of 2020.Net...

Headwater Gold Commences Trading on the OTCQB Under Symbol HWAUF

Written by Customer Service on August 25, 2021. Posted in Public Companies.

Vancouver, British Columbia, Aug. 25, 2021 (GLOBE NEWSWIRE) — Headwater Gold Inc. (CSE: HWG) (OTCQB: HWAUF) (the “Company” or “Headwater”) is pleased to announce that it has qualified for trading on the OTCQB Venture Market in the United States operated by the OTC Markets Group Inc. and the Company’s common shares have commenced trading thereof under the symbol “HWAUF”. The Company has additionally secured Depository Trust Company (“DTC”) eligibility for its common shares traded in the United States. The Company’s common shares continue to trade on the Canadian Securities Exchange (the “CSE”) under the symbol “HWG”. Caleb Stroup, Headwater Gold’s President and CEO, commented: “The OTCQB listing with DTC eligibility marks an important milestone for the Company. This listing will allow the Company to broaden our shareholder base...

Kingsoft Cloud Announces Unaudited Second Quarter 2021 Financial Results

Written by Customer Service on August 25, 2021. Posted in Earnings Releases And Operating Results.

BEIJING, Aug. 25, 2021 (GLOBE NEWSWIRE) — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC), a leading independent cloud service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial HighlightsTotal revenues were RMB2,173.7 million (US$1336.7 million) in the second quarter of 2021, representing a large increase of 41.6% from RMB1,534.8 million in the same period of 2020. Benefitting from our strong, stable and sustainable relationship with our top premium customers, revenues from public cloud services have been increasing for six consecutive quarters since our first quarterly results after IPO. This quarter, revenues from public cloud services were RMB1,550.8 million (US$240.2 million), compared with RMB1,287.1...

Day: August 25, 2021

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