Month: August 2021

SEATTLE and CAMBRIDGE, United Kingdom, Aug. 09, 2021 (GLOBE NEWSWIRE) — Eliem Therapeutics, Inc., a clinical-stage biotechnology company focused on developing novel therapies for neuronal excitability disorders to address unmet needs in chronic pain, psychiatry, epilepsy and other disorders of the peripheral and central nervous systems, today announced the pricing of its initial public offering of 6,400,000 shares of common stock at a public offering price of $12.50 per share. All of the shares are being offered by Eliem. Eliem has granted the underwriters a 30-day option to purchase up to an additional 960,000 shares of common stock at the initial public offering price. The gross proceeds of the offering, before deducting underwriting discounts and commissions, and other offering expenses payable by Eliem, are expected to be $80.0...

Strong sales recovery, with 46% year over year increase in same store sales1 in Q2 2021Continued digital sales momentum, with Freshii mobile app sales up 105% vs Q2 20206 more locations open and operating at end of Q2 2021 vs Q1 2021 with 95% of total locations now openMaintains strong liquidity position while continuing NCIB purchasesAnnounces additional funds to support franchise partners to accelerate restaurant sales and profitability recoverySees strong CPG sales trends and increasing adoption of beverage and snacking options TORONTO, Aug. 09, 2021 (GLOBE NEWSWIRE) —  Omnichannel health and wellness brand, Freshii Inc. (TSX: FRII) (“Freshii”, the “Company” or “we”), today announced financial results for the second quarter ended June 27, 2021 (“Q2 2021”). “In Q2, we were pleased with the sales recovery and location reopening...

LAS VEGAS, Nevada, Aug. 09, 2021 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that it will hold a conference call on Thursday, August 12, 2021 at 1:00 p.m. ET to discuss its second quarter 2021 operating results. Those wishing to participate by telephone may dial-in at 877 312-5502, or 253 237-1131 for international participants, approximately 10 minutes prior to the scheduled time. The conference identification number is 1592925. A replay of the conference call will be available between August 12 and August 19, 2021, beginning two hours after conclusion of the call, by dialing 855 859-2056 or 404 537-3406 for international participants, with conference identification number 1592925. A broadcast of the conference call will also be available live and for 90 days after...

VANCOUVER, British Columbia, Aug. 09, 2021 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) announces today that it has amended its existing credit facility (the “Amended Loan Facility”) on favourable terms, increasing the Loan Facility size to US$350 million from its current US$300 million.   The Amended Loan Facility is comprised of a US$100 million non-revolving term credit facility (the “Term Facility”) and a US$250 million revolving credit facility (the “Revolving Facility”). The Term Facility was used to refinance the existing term loan (US$100 million on closing date) and the Revolving Facility will be available for general corporate purposes. The Amended Loan Facility has been made available for a term of four years, maturing on August 8, 2025. “The increase in available liquidity combined...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MONTREAL, Aug. 09, 2021 (GLOBE NEWSWIRE) — Osisko Development Corp. (“Osisko Development “or the “Company”) (ODV: TSX-V) is pleased to provide results for the second quarter as well as an update on each of the company’s development projects. 2021 Achievements and Milestones at the Cariboo Gold Project (“Cariboo”):93,000 meters of exploration and infill drilling occurred at Cariboo as of June 30th 2021. The mine operations commenced at Bonanza Ledge II (“BL2”) with over 43,000 tonnes of development ore mined. The Quesnel River (“QR”) mill was re-commissioned. The Corporation poured its first gold in the second quarter. The final application for the Environment Assessment Certificate for Cariboo was submitted. The...

Greenwich, Conn., Aug. 09, 2021 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (the “Company”) (Nasdaq GS: OXLC, OXLCM, OXLCP and OXLCL) today announced that it has priced an underwritten public offering of 2,400,000 shares of its newly designated 6.00% Series 2029 Term Preferred Shares (the “Preferred Stock”) at a public offering price of $25 per share, raising $60,000,000 in gross proceeds. The Company has also granted the underwriters a 30-day option to purchase up to 360,000 additional shares of Preferred Stock on the same terms and conditions to cover over-allotments, if any. The closing of the transaction is subject to customary closing conditions and the shares are expected to be delivered on August 17, 2021. The Company has applied to list the Preferred Stock on the NASDAQ Global Select Market and expects trading to commence...

Los Angeles, CA., Aug. 09, 2021 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an award-winning, industry-leading drone solution developer and operator, is pleased to announce its second quarter financial results. Key Financial and Operational Highlights for Q2 2021:‎Revenue for the second quarter increased 113.9% to $1,981,872 up from $926,540 in the ‎second quarter of 2020. The majority of the $1,981,872 in revenue came from product sales ‎with engineering services and drone services revenue almost equally making up the balance of ‎the revenue in the second quarter‎.Gross profit increased by $297,246 or 68.9% for the second quarter over the same period last year. Gross margin percentage for Q2 2021 was 36.8% compared to 46.6% in Q2 2020. This was attributed to the...

Melbourne, Australia, August 10, 2021 – Atos has been appointed by the Australian Federal Government’s Digital Transformation Agency Cloud Marketplace to provide cloud offerings across two areas, Cloud Services and related Cloud Consulting expertise, under a 3-year Head Agreement. Atos OneCloud offers a unique set of 10 offerings in a powerful one-stop shop. Atos OneCloud has been designed to meet the needs of citizens, governments, and public agencies by giving them essential agility, cost-efficiency and sustainability. Atos OneCloud aims at developing a digital strategy based on business drivers and defines an actionable path forward in the digital transformation journey of government organisations. Atos’ Orchestrated Cloud service and Cloud First approach includes Digital Hybrid Cloud (DHC), Digital Cloud Services (DCS) and value-added...