Search Minerals Reports Phase 3 Drill Program Completed at Deep Fox

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

VANCOUVER, British Columbia, Aug. 26, 2021 (GLOBE NEWSWIRE) — Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”) is pleased to announce that the planned 7000m of the DEEP FOX Phase 3 drill program have been completed. DEEP FOX is located in our Port Hope Simpson – St. Lewis Critical Rare Earth Elements (CREE) District in SE Labrador. The drill program consisted of 38 drill holes. Currently, we have logged 29 drill holes and sent over 3500 samples for geochemical assay. Our geological team expect to have the remainder of the holes logged and samples, approximately another 2500, sent for assay shortly. DEEP FOX DRILL PROGRAM UPDATE The drill program commenced June 2, 2021. Drilling program observations: We finished the drill program ahead of schedule; Tested beyond the outer limits of the current mine pit...

Water Ways Announces Corporate Matters: Appointment of New Chief Financial Officer, Second Quarter Release Date and Investor Webinar

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

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Water Ways Technologies Inc. (TSXV: WWT) (FSE: 977) (“Water Ways” or the “Company“), a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers, is pleased to announce the appointment of Mr. Dor Sneh as the Company’s new Chief Financial Officer (“CFO“), effective August 28, 2021. Mr. Sneh will oversee all accounting and finance functions, while providing strategic recommendations that ensure all financial solutions, support Water Ways’ evolving growth strategy, vision and mission. Mr. Sneh, who holds a B.A. in Economics and Accounting from Haifa University, has been with the Company since 2019 and served...

Triumph Bancorp Announces Closing of $70 million of Fixed-to-Floating Rate Subordinated Notes

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

DALLAS, Aug. 26, 2021 (GLOBE NEWSWIRE) — Triumph Bancorp, Inc. (NASDAQ: TBK) (“Triumph” or the “Company”) announced today the completion of a private placement of $70 million in aggregate principal amount of its Fixed-to-Floating Rate Subordinated Notes due September 1, 2031 (the “Notes”) to certain institutional accredited investors and qualified institutional buyers. The Notes will initially bear interest at 3.50% per annum, payable semi-annually in arrears, to, but excluding, September 1, 2026 or earlier redemption date. From September 1, 2026 to the stated maturity date or earlier redemption date, interest will be payable quarterly in arrears at an annual floating rate equal to the then-current benchmark rate, which initially will be the three-month Secured Overnight Financing Rate (SOFR), plus 286 basis points. The Notes are...

CytoDyn Appoints Seenu Srinivasan, Ph.D. as Executive Director of CMC Regulatory Affairs

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

Dr. Srinivasan provides 30 years of broad regulatory and drug development experience including a career serving as Director of CMC Regulatory Affairs for Regeneron Pharmaceuticals, Inc. where he led the CMC strategy and successfully submitted a monoclonal antibody based BLA (Dupixent approved in 2017) VANCOUVER, Washington, Aug. 26, 2021 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTCQB: CYDY) (“CytoDyn” or the “Company”), a late-stage biotechnology company developing leronlimab, a CCR5 antagonist with the potential for multiple therapeutic indications, announced today the appointment of Seenu Srinivasan, Ph.D., as Executive Director-CMC Regulatory Affairs. Dr. Srinivasan provides CytoDyn with 30 years of experience in pharmaceutical drug development, including extensive CMC development experience in developing APIs...

Report on Financial Results for the Three and Six Months Ended June 30, 2021

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

TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the three and six months ended June 30, 2021 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”). BUSINESS OVERVIEW AND STRATEGY Business Overview Urbanfund Corp. is an incorporated entity listed on the TSX Venture Exchange (“TSX-V”) under the symbol UFC. The Company is a reporting issuer in Alberta, British Columbia and Ontario. Urbanfund’s focus is to invest in Canadian real estate and real estate related projects with a focus on a mix of both residential and commercial properties. The Company’s assets are located in Toronto, Brampton, Belleville,...

WOW! Unlimited Media Announces Financial Results for the Second Quarter of 2021

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

Company Reports Its Fourth Consecutive Quarter of Positive EBITDA VANCOUVER, British Columbia, Aug. 26, 2021 (GLOBE NEWSWIRE) — WOW! Unlimited Media Inc. (“WOW!” or the “Company”) (TSX-V: WOW; OTCQX: WOWMF) announced today its results for the three and six months ended June 30, 2021. Michael Hirsh, Chairman & CEO, commented: “WOW!’s second quarter performance continued to build on the momentum from the first quarter. The Company delivered its fourth consecutive quarter of positive EBITDA and both reporting segments continued to generate positive operating income. We announced critical growth initiatives – Mainframe’s foray into 2D production and live action, as well as the addition of a virtual studio in Toronto. We remain focused on execution of our significant animation pipeline and to delivering a strong finish to the remainder...

Chalice Brands Ltd. Continues Sequential Revenue Growth

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

Reports Second Quarter 2021 Revenues of $6.9 Million and Third Consecutive Quarter of Positive Adjusted EBITDA(1) PORTLAND, Ore., Aug. 26, 2021 (GLOBE NEWSWIRE) — Chalice Brands Ltd. (CSE:CHAL) (OTCQB:CHALF) (“Chalice” or the “Company”), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today announces its financial and operating results for the second quarter 2021. All amounts stated are in US dollars unless otherwise noted. Second Quarter Highlights: Record quarterly revenues from continuing operations of $6.9 million, a 26% year-over-year increase compared to $5.5 million for the same period in 2020. Gross profit for second quarter 2021 of $3.1M, or 45% gross margin, compared to $1.3M or 23% gross margin in 2020. Gross margin improvements are due to an increased...

Greenlane Shareholders Vote to Approve Merger with KushCo

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

More Than 99% of Votes Cast Voted “FOR” Approval of Proposed Merger BOCA RATON, Fla., Aug. 26, 2021 (GLOBE NEWSWIRE) — Greenlane Holdings, Inc. (“Greenlane”) (Nasdaq: GNLN), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, today announced that its stockholders have approved the proposed merger (the “Transaction”) with KushCo Holdings, Inc. (“KushCo”) (OTCQX: KSHB), a premier provider of ancillary products and services to the legal cannabis and CBD industries. Over 99% of the votes cast on the merger proposal were voted in favor of the Transaction. Furthermore, each other proposal submitted to stockholders at Greenlane’s annual meeting of stockholders was approved by the requisite vote. The Company expects to file with the Securities...

Premier Health Reports Strong 3ʳᵈ Quarter Results

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

MONTRÉAL, Aug. 26, 2021 (GLOBE NEWSWIRE) — Premier Health of America Inc. (TSXV: PHA) (the “Corporation”), a leading Canadian Healthtech company, announces it has filed its Condensed Interim Consolidated Financial Statements and MD&A for its third quarter ended June 30, 2021. Summary The Corporation had revenues of $18.6M for the 3-month period ($49.0M for the 9-month period compared to $13.8M for the same period in 2020) attributable to the consolidation of the Code Bleu and Solution Nursing acquisitions as well as organic growth. The decrease in the average gross margin for the quarter to 24.0% resulted from a reclassification of travel expenses in the Nordik division. EBITDA(1) for the quarter was $1.3M ($4.2M for the 9-month period compared to $1.5M for the same period in 2020). Net income was $0.6M ($2.2M for the 9-month...

Erasca Reports Second Quarter 2021 Financial Results and Business Updates

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

Successfully closed $345 million upsized IPO in July 2021 On track to initiate multiple HERKULES Phase 1b/2 trials in 2021 with data readout(s) beginning in 2022 Strengthened executive leadership team with multiple appointments SAN DIEGO, Aug. 26, 2021 (GLOBE NEWSWIRE) — Erasca, Inc. (Nasdaq: ERAS), a clinical-stage precision oncology company singularly focused on discovering, developing, and commercializing therapies for patients with RAS/MAPK pathway-driven cancers, today reported financial results for the fiscal quarter ended June 30, 2021, and provided business updates. “This has been a productive time for Erasca that has included significant achievement across our research and development, corporate, and operational initiatives,” said Jonathan E. Lim, M.D., Erasca’s chairman, CEO, and co-founder. “In December 2020, our first...

Day: August 26, 2021

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