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Month: August 2021

Maxim Power Corp. Announces 2021 Second Quarter Financial and Operating Results

CALGARY, Alberta, Aug. 11, 2021 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the second quarter ended June 30, 2021. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM’s website on August 11, 2021. All figures reported herein are Canadian dollars unless otherwise stated. FINANCIAL HIGHLIGHTS  Three Months EndedJune 30, Six Months Ended June 30,($ in thousands except per share amounts) 2021 2020   2021 2020  Revenue 44,342 4,460   74,372 11,718  Adjusted EBITDA (1) 21,441 (1,589 ) 30,864 606  Net income (loss) 29,589 (1,167 ) 56,015 (161 )Net income...

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Surrozen Debuts as Publicly Traded Leader in Wnt Biology and Tissue Regeneration

Common stock and warrants to commence trading on Nasdaq on August 12, 2021 under the ticker symbols SRZN and SRZNW SOUTH SAN FRANCISCO, Calif., Aug. 11, 2021 (GLOBE NEWSWIRE) — Surrozen, Inc. (“Surrozen”), a company pioneering targeted therapeutics that selectively activate the Wnt pathway for tissue repair and regeneration, today announced the completion of its business combination with Consonance-HFW Acquisition Corp. (“Consonance-HFW”), a special purpose acquisition company (“SPAC”) sponsored by entities affiliated with Consonance Capital Management. The resulting combined company will commence trading its shares on Nasdaq under the ticker symbol “SRZN” and its warrants under the ticker symbol “SRZNW” on August 12, 2021.   The shareholders of Consonance-HFW approved the transaction at an extraordinary general meeting held on...

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Media Central Corporation Announces That Creator News Is Live

TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Media Central Corporation, Inc. (CSE: FLYY, FSE:3AT) or (the “Company”) today announced that Creator News, a new global, non-political and stress-free aggregated content website in which it owns a 25 percent equity interest, is live (www.creatornews.com). The Company announced in a June 18, 2021 Press Release that it had entered into an agreement with Creator News, Inc. (“Creator News”) to license its proprietary platform and the content produced by NOW Magazine, Georgia Straight, CannCentral and eCentral Sports. Media Central will earn 20 percent of the revenue Creator News generates determined by the percentage of page views its titles generate. Creator News has entered into similar licensing agreements with non-Media Central Corporation holdings on the same terms and will continue to...

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NIO Inc. Reports Unaudited Second Quarter 2021 Financial Results

Quarterly Total Revenues reached RMB8,448.0 million (US$1,308.4 million)iQuarterly Deliveries of the ES8, the ES6 and the EC6 were 21,896 vehicles SHANGHAI, China, Aug. 11, 2021 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer and a leading company in the premium smart electric vehicle market in China, today announced its unaudited financial results for the second quarter ended June 30, 2021. Operating Highlights for the Second Quarter 2021Deliveries of vehicles were 21,896 in the second quarter of 2021, including 4,433 ES8s, 9,935 ES6s and 7,528 EC6s, representing an increase of 111.9% from the second quarter of 2020 and an increase of 9.2% from the first quarter of 2021.Key Operating Results   2021 Q2 2021 Q1 2020 Q4 2020 Q3Deliveries 21,896 20,060 17,353 12,206           2020 Q2 2020...

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Natural Gas Services Group, Inc. Reports Second Quarter 2021 Financial and Operating Results

Midland, tX, Aug. 11, 2021 (GLOBE NEWSWIRE) — Second Quarter 2021 HighlightsRental revenue of $15.6 million, an increase of 2% when compared to the first quarter of 2021 and 3% when compared to the second quarter of 2020. 80 new compression units set during the second quarter of 2021, including a record 28 large horsepower units. Net loss of $1.9 million ($0.14 loss per basic and diluted share) a reduction of $1.5 million when compared to the first quarter of 2021 and $2.1 million when compared to the second quarter of 2020. Adjusted EBITDA of $4.5 million. Please see Non-GAAP Financial Measures – Adjusted EBITDA, below. During the six months ended June 30, 2021, the Company repurchased 175,007 shares of common stock (approximately 1.3% of shares outstanding), with a value of approximately $1.9 million, at an average purchase...

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Predictive Oncology Reports Financial Results for Quarter Ended June 30, 2021, and Provides Business Update

MINNEAPOLIS, Aug. 11, 2021 (GLOBE NEWSWIRE) — Predictive Oncology (Nasdaq: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, today reported financial results for the quarter ended June 30, 2021, and provided an update on business activities. Q2 2021 Highlights:Net proceeds of $19.4 million from registered direct equity offering, contributing to a cash balance of $44.9 million on June 30, 2021, compared to $3.4 million for the same period in 2020. Total Stockholders’ Equity increased $50.4 million to $53.1 million as of June 30, 2021, compared to $2.6 million on December 31, 2020. Predictive subsidiary TumorGenesis partners with Swedish firm Cellevate AB, a collaboration designed to help give researchers next-generation tools to build treatments for...

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Assure Holdings Sets Second Quarter 2021 Conference Call for Monday, August 16, 2021, at 5:00 p.m. ET

DENVER, Aug. 11, 2021 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services, will hold a conference call on Monday, August 16, 2021, at 5:00 p.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2021. The Company will report its financial results in a press release prior to the conference call. Date: Monday, August 16, 2021Time: 5:00 p.m. Eastern Time (3:00 p.m. Mountain Time)Toll-free dial-in number: 1-877-300-8521International dial-in number: 1-412-317-6026Conference ID: 10159571 Please call the conference telephone number 5-10 minutes prior to the start time. An operator will register your name and organization. The conference call will be broadcast live and available for replay here. A replay of...

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The Children’s Place to Webcast Review of Second Quarter 2021 Financial Results

SECAUCUS, N.J., Aug. 11, 2021 (GLOBE NEWSWIRE) — The Children’s Place, Inc. (Nasdaq: PLCE) today announced that, in conjunction with the release of its second quarter 2021 financial results, you are invited to listen to the Company’s conference call on Wednesday, August 18, 2021, beginning at 8:00 a.m. Eastern Time. To access the webcast, visit http://investor.childrensplace.com. An archive of the webcast can be accessed two hours after the live call has concluded. About The Children’s Place The Children’s Place is the largest pure-play children’s specialty apparel retailer in North America. The Company designs, contracts to manufacture, sells at retail and wholesale, and licenses to sell fashionable, high-quality merchandise predominantly at value prices, primarily under the proprietary “The Children’s Place”, “Place”, “Baby Place”,...

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Helius Medical Technologies, Inc. Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)

NEWTOWN, Pa., Aug. 11, 2021 (GLOBE NEWSWIRE) — Helius Medical Technologies, Inc. (Nasdaq: HSDT) (TSX: HSM) (“Helius” or the “Company”), a neurotech company focused on neurological wellness, today announced that, effective August 10, 2021, its independent directors approved an equity award under Helius’ 2021 Inducement Plan, as a material inducement to an individual entering into employment with the Company. The equity award was approved in accordance with Nasdaq Listing Rule 5635(c)(4), which also requires a public announcement of equity awards that are not made under a stockholder approved equity plan. In connection with entering into employment with Helius, the individual, who was not a previously employee or director of Helius, received an option to purchase 2,000 shares of the Company’s Class A common stock. The option award...

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Peyto Reports Second Quarter 2021 Results

CALGARY, Alberta, Aug. 11, 2021 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) is pleased to present its operating and financial results for the second quarter of the 2021 fiscal year. A 59% Operating Margin (1) and a 9% Profit Margin (2) in the quarter delivered a 6% Return on Capital and a 6% Return on Equity, on a trailing twelve-month basis. Highlights for the quarter included:Funds from operations per share up 149%. Generated $82 million in Funds from Operations (“FFO”) in Q2 2021 ($0.50/share), up from $33 million in Q2 2020 ($0.20/share) due to higher commodity price realizations combined with higher production, despite a $22 million realized hedging loss in the quarter. FFO in the quarter exceeded capital expenditures by $25 million. This represents a free cashflow ratio of over...

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