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Day: August 26, 2021

Pasinex Announces Second Quarter 2021 Financial Results

TORONTO, Aug. 26, 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 and six months ended June 30, 2021. Andrew Gottwald, Chief Financial Officer of Pasinex, commented, “The substantial volumes of groundwater encountered in the second quarter provided a huge challenge for the team during the quarter and ultimately halted the development of the fourth adit. This delay has had a negative impact on ore availability and as a result the Company has revised its guidance slightly downward from what was previously released. Fortunately, the perseverance of the team paid off and they were able to resume development of the fourth adit towards the end of the quarter. They encountered sulphide ore product much earlier...

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REPEAT — Major Precious Metals Provides an Update on Its Skaergaard Drilling Program

Figure 1Plan view showing main target areas being tested during the Phase 1 diamond drilling program by Major Precious Metals at SkaergaardVANCOUVER, British Columbia, Aug. 26, 2021 (GLOBE NEWSWIRE) — Major Precious Metals Corp. (“Major Precious Metals” or the “Company”) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) is pleased to provide an update on its Phase I diamond drilling program at its Skaergaard Project (“Skaergaard”) in eastern Greenland. Drilling commenced in July and has prioritized the northern part of the Skaergaard deposit including several areas being drilled to determine the open-cut potential at Skaergaard. Historically, these priority areas were never drilled at Skaergaard due to the focus being on defining a resource in the southern part of the deposit. Successful completion of these drill holes within...

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Adagene Reports Financial Results for the Six Months Ended June 30, 2021 and Provides Corporate Updates

– Established three clinical collaborations with Merck to conduct global combination trials with pembrolizumab for three clinical-stage oncology candidates – – Evidence of ADG106 efficacy with favorable safety profile shown in monotherapy trials; combination trials ramping up to target biomarker-enriched indications and PD-1 resistant patients – – Strong potential for differentiated profile of novel NEObody™ anti-CTLA-4 candidate, ADG116, demonstrated in ongoing phase 1 trial – – First SAFEbody™ program, ADG126, advancing in phase 1 dose-escalation – – Continued execution of multiple preclinical programs towards IND, leveraging the company’s powerful antibody-based technology platforms – – Further strengthened leadership team and expanded network of scientific and strategic...

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Sparton Resources Inc. Corporate Update

TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Sparton Resources Inc. (TSXV: SRI) (“Sparton” or the “Company“) reported today that it has raised approximately $600,000 in new capital through the exercise of outstanding warrants and incentive stock options. Ninety-five percent (95%) of the outstanding warrants from the 2020 Company financing (see Sparton news release dated August 3rd, 2020) were exercised, as well as seventy-four (74%) percent of the outstanding incentive stock options. Funds will be used to support Company exploration programs, retire a portion of corporate debt and for general corporate purposes.   Exploration Update Exploration programs have continued during this field season despite local Covid restrictions, manpower shortages and forest fire work bans in certain areas. At Bruell in Quebec,...

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Vivos Therapeutics and Empower Sleep Launch Cooperative Relationship Aimed at Significantly Improving Proper Obstructive Sleep Apnea Diagnosis and Treatment

HIGHLANDS RANCH, Colo., Aug. 26, 2021 (GLOBE NEWSWIRE) — Vivos Therapeutics, Inc. (the “Company” or “Vivos”) (NASDAQ: VVOS), a medical technology company focused on developing and commercializing innovative diagnostic and treatment modalities for patients suffering from sleep-disordered breathing, including mild to moderate obstructive sleep apnea (OSA), today announced a new cooperative relationship with Empower Sleep, a San Bernardino, Calif.-based company empowering patients with affordable, accessible and personalized telemedicine sleep care, to provide critical diagnostic and medical consultation services to people across North America who suffer from OSA. Together, Vivos and Empower Sleep plan to leverage each company’s core technologies to provide a user-friendly platform with personalized insights for patients who are being...

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Copper Lake Receives Exploration Permits for Marshall Lake Main Billiton Zone and Deeds Island Zone & Provides Corporate Update

Marshall Lake PropertyMarshall Lake Property Nakina Area, Ontario Compilation Map Billiton Zone LocaleMarshall Lake PropertyMarshall Lake Property Nakina Area, Ontario Deeds Island TargetTORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Copper Lake Resources Ltd. (TSX-V: CPL, Frankfurt: W0I, OTC: WTCZF) (“Copper Lake” or the “Company”) is pleased to announce it has been issued mineral exploration permits by the Ontario Ministry of Energy, Northern Development and Mines (“MNDM”) for its Marshall Lake copper-zinc-silver-gold property. The permits cover the Main Billiton Zone and the Deeds Island and Marshall Creek Zone and have been issued for an initial three-year term. As part of the permit approval process, Copper Lake consults with the respective First Nations communities when...

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Northfield Capital Corporation Announces Normal Course Issuer Bid

TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Northfield Capital Corporation (“Northfield”) announced today its intention to effect a normal course issuer bid through the facilities of the TSX Venture Exchange. Northfield may, during the 12-month period commencing August 30, 2021 and ending August 29, 2022, purchase on the TSX Venture Exchange up to 111,415 Class A restricted voting shares in total, representing approximately 5% of the Class A restricted voting shares currently issued and outstanding. The price which Northfield will pay for any such shares will be the market price at the time of acquisition. The actual number of Class A restricted voting shares which may be purchased and the timing of any such purchases will be determined by Northfield. Northfield has retained Leede Jones Gable Inc. to effect purchases on its behalf...

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Abercrombie & Fitch Co. Reports Second Quarter Results

Reports best second quarter operating income and operating margin since 2008, benefiting from omni-channel sales strength, gross profit rate expansion and expense controls NEW ALBANY, Ohio, Aug. 26, 2021 (GLOBE NEWSWIRE) — Abercrombie & Fitch Co. (NYSE: ANF) today announced results for the second quarter ended July 31, 2021. These compare to results for the second quarter ended August 1, 2020. Descriptions of the use of non-GAAP financial measures and reconciliations of GAAP and non-GAAP financial measures accompany this release. Fran Horowitz, Chief Executive Officer, said, “As our customers’ mindset shifted to summer, we continued to deliver on product, voice and experience. Total net sales grew 24% year-over-year, or 3% from 2019. Our largest market, the U.S., had healthy net sales growth of 31% on a one-year and 11% on...

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Clear Blue Technologies Announces 2021 Q2 Financial Results

Q2 Revenue increased 138% to $810,406, Gross Margin of 38%, EBITDA of $(833,495) TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (“Clear Blue”) (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF), the Smart Off-Grid™ Company, today announces its financial results for the quarter ended June 30, 2021, with the following highlights: Key Financial Results (all figures in Canadian dollars) On a Trailing Four Quarter basis:TFQ Revenue was $7,714,708, an 112% increase over the previous TFQ period; Gross profit for TFQ was $2,100,743 or 27.2%, a 138% increase from the previous period ($881,224 or 24.2%); Non-IFRS Adjusted EBITDA for the TFQ was $(3,018,375) compared to $(3,038,214) for the previous TFQ.For the quarterly Q2 2021 results:Q2 quarterly revenues were $810,406, a 138% increase over $340,345 for...

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Huadi International Group Co., Ltd. Announces Half-Year 2021 Financial Results

WENZHOU, China, Aug. 26, 2021 (GLOBE NEWSWIRE) — Huadi International Group Co., Ltd. (“HUDI” or the “Company”) (NASDAQ: HUDI), a leading developer and manufacturer of industrial stainless steel seamless pipes and tubes products in China, today announced its interim financial results for six months ended March 31, 2021. Financial Highlights for the First-Half 2021    For Half-Year Ended March 31($ millions, except per share data) 2021   2020   % ChangeRevenue   $29.89   $25.56   16.94%Gross profit   $5.35   $6.30   -15.08%Gross margin   17.90%   24.65%   -17.65%Operating income $0.68   $3.51   -80.63%Net income (loss) attributable to Huadi International $0.64   $2.65   -75.85%Diluted earnings (loss) per share $0.06   $0.27   -77.78%                    Revenue increased by 16.94% to $29.89 million for...

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