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Month: August 2021

Apollo Announces 2021 AGM Voting Results

VANCOUVER, British Columbia, Aug. 10, 2021 (GLOBE NEWSWIRE) — Apollo Gold & Silver Corp. (“Apollo” or the “Company“) (TSX.V: APGO, OTCQB: APGOF, Frankfurt: 6ZF) is pleased to announce the voting results from its Annual General Meeting of holders (“Shareholders”) of common shares (“Common Shares”) the Company held on August 10, 2021 (the “Meeting”). All the matters put forward before Shareholders for consideration and approval as set out in the Company’s management information circular dated July 9, 2021 (the “Circular”) were approved by the requisite majority of votes cast at the Meeting. In particular, Shareholders approved the election of all director nominees. The board of directors of the Company is now comprised as follows:Andrew Bowering Simon Clarke Daryn Gordon Sean Bromley James Hynes Thomas PeregoodoffShareholders...

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Xenon Pharmaceuticals to Participate in the 12th Annual Wedbush PacGrow Healthcare Conference

BURNABY, British Columbia, Aug. 10, 2021 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a neurology-focused biopharmaceutical company, today announced its participation in one-on-one investor meetings as well as a virtual panel discussion at the 12th Annual Wedbush PacGrow Healthcare Conference.Panel Topic: “Got My Mind Set On You – Advancing Novel Epilepsy Targets”   Date: Wednesday, August 11, 2021   Time: 11:30 am – 12 pm Eastern Time   Panelist: Dr. Simon Pimstone, Executive Chair of the BoardAdditional details along with a link to the live webcast can be found on the “Investors” section of Xenon’s website at http://investor.xenon-pharma.com. When available, webcasts will be posted for replay following the event for 30 days. The above listed dates and times are subject to change. About...

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Titanium Transportation Group Reports Record Quarterly Revenue Exceeding $100 Million For Second Quarter 2021

BOLTON, Ontario, Aug. 10, 2021 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSXV:TTR), a leading provider of transportation and logistics services throughout North America, is pleased to report its financial results for the three and six month periods ended June 30, 2021. All amounts are in Canadian currency. Titanium delivered a fourth consecutive quarter of record revenue at $100.8 million driven by significant growth in both the Truck Transportation and Logistics segment – surpassing the $100 million milestone for the first time in the company’s history. “These results reflect the impact of Titanium’s focused strategic investment in growth initiatives and the ability of our team to execute the strategy through a challenging operating environment”, said Ted Daniel, Chief...

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Martinrea International Inc. Reports Second-Quarter Results, Declares Dividend, and Reiterates Positive Long-Term Outlook

TORONTO, Aug. 10, 2021 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of its financial results for the second quarter ended June 30, 2021 and declared a quarterly cash dividend of $0.05 per share. HIGHLIGHTS– Total sales of $884.9 million, up 92.1% year-over-year; production sales of $838.9 million– Second quarter diluted net earnings per share of $0.30– Second quarter Adjusted Net Earnings per Share(1) of $0.34– Second quarter results impacted by the ongoing global semiconductor shortage– Longer term outlook remains positive– Balance sheet remains strong, with...

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National Bank Holdings Corporation Announces New Strategic Vision for Small and Medium-Sized Businesses

Digital financial ecosystem delivers powerful solutions DENVER, Aug. 10, 2021 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) announced today that it is collaborating with Finstro Holdings Pty Ltd., a technology-powered provider of digital working capital solutions, and Figure Technologies, a blockchain fintech firm. These partnerships will accelerate the realization of NBHC’s vision for building a comprehensive digital financial ecosystem for small and medium-sized businesses. Tim Laney, Chief Executive Officer of NBHC shared, “Our vision is to create a digital financial ecosystem within a bank regulatory framework. We are collaborating with best of breed technology partners to deliver innovative and powerful solutions to solve problems for small and medium-sized businesses in the United States.” NBHC expects...

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Psychemedics Corporation Reports Stronger Second Quarter 2021 Financial Results

ACTON, Mass., Aug. 10, 2021 (GLOBE NEWSWIRE) — Psychemedics Corporation (NASDAQ:PMD), the world’s largest provider of hair testing for drugs of abuse, today announced financial results for the second quarter ended June 30, 2021. The Company’s revenue for the quarter ended June 30, 2021, was $6.1 million versus $3.3 million for the quarter ended June 30, 2020, an increase of 85%. Net income for the quarter ended June 30, 2021, was $0.1 million or $0.02 per diluted share, versus net loss of $2.1 million or ($0.37) per diluted share, for the comparable period last year, an increase of $0.39 per diluted share. The Company’s revenue for the six months ended June 30, 2021, was $11.8 million versus $10.9 million for the comparable period in 2020, an increase of 8%. Net income for the six months ended June 30, 2021, was $0.2 million or...

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Giga-tronics to Host First Quarter FY 2022 Conference Call on August 11, 2021

DUBLIN, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) — Giga-tronics Incorporated (OTCQB:GIGA) will host a conference call on Wednesday, August 11, 2021 at 4:30 p.m. EDT to discuss results for the first quarter of fiscal year 2022 ended June 26, 2021 and to provide an update on Company operations. To participate in the call, dial: (888) 517-2470 or (630) 827-6818 and enter PIN Code 8885221#. It is recommended that you call in five to ten minutes prior to the start time. A replay of the call will be available later on the Giga-tronics website under “Investor Relations”. This conference call will reflect management views as of August 11, 2021 only. Giga-tronics produces electronic warfare test solutions used in the defense industry and RADAR filters used in fighter aircraft. Headquartered in Dublin, California, Giga-tronics is a publicly...

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Firm Capital Mortgage Investment Corporation Announces Q2/2021 Results

TORONTO, Aug. 10, 2021 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC, FC.DB.E, FC.DB.F, FC.DB.G, FC.DB,H, FC.DB.I and FC.DB.J) released its financial statements for the three and six months ended June 30, 2021. NET INCOMEFor the three months ended June 30, 2021, net income increased by 7.4% to $7,378,455 as compared to $6,867,497 reported for the same period in 2020. Net income for the six months ended June 30, 2021, increased by 12.1% to $14,685,291 as compared to $13,103,939 for the six months ended June 30, 2020. The increase is mainly a result of higher interest income due to a larger average investment portfolio size (on average, $17.4 million higher in the second quarter of 2021 relative to the second quarter of 2020) and a higher weighted average portfolio interest rate, over...

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Giga-tronics Incorporated Reports Fiscal 2022 First Quarter Results

DUBLIN, Calif., Aug. 10, 2021 (GLOBE NEWSWIRE) — Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) today reported results for the first quarter of fiscal 2022 which ended June 26, 2021: First Quarter Fiscal Year 2022 versus First Quarter Fiscal Year 2021 HighlightsRevenue declined 42% to $2.1 million for the first fiscal quarter of fiscal 2022 from $3.6 million in the first quarter of fiscal 2021.Microsource filter revenue declined by 18% to $2.0 million versus $2.4 million in the first quarter of fiscal 2021 which was primarily due to a delay of new orders. RADAR and Electronic Warfare (“RADAR/EW”) test revenue was $51,000 versus $1.1 million in the first quarter of fiscal 2021 due to lower than anticipated customer orders in the first quarter of fiscal 2022.Gross profit decreased to $0.8 million in the first quarter...

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Mesa Air Group Reports July 2021 Operating Performance

PHOENIX, Aug. 10, 2021 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) today reported Mesa Airlines’ operating performance for July 2021. Mesa Airlines reported 32,843 block hours in July 2021, a 92.1 percent increase from July 2020 as a result of increased summer flying and the relaxation of certain COVID restrictions. The Company also reported a controllable completion factor of 98.72 percent and 99.90 percent for its American and United operations, respectively. Operating statistics for July 2021 vs. July 2020 and fiscal year 2021 YTD vs. fiscal year 2020 YTD are included in the table below.  Jul-21   Jul-20   % Change     YTD FY2021   YTD FY2020   % Change  Block Hours              American 12,830   6,228   106.0 %   111,379   117,427   -5.2 %United 19,798   10,867   82.2 %   147,927   155,156   -4.7 %DHL 215   N/A   N/A     1,888   N/A   N/A  Total 32,843   17,095   92.1 %   261,194   272,583   -4.2 %                 Jul-21   Jul-20   %...

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