Month: August 2021

LEXINGTON, Mass., Aug. 03, 2021 (GLOBE NEWSWIRE) — Mimecast Limited (NASDAQ: MIME), a leading email security and cyber resilience company, today announced financial results for the first fiscal quarter ended June 30, 2021. First Quarter 2022 HighlightsAchieved total revenue of $142.5 million, up 24% year-over-year on a GAAP basis and 15% in constant currency. Solid execution of multi-product strategy drove average services per customer to 3.6 from 3.4 in the same quarter last year. Increased average order value per customer to $14,000, up approximately 9% year-over-year in constant currency. Achieved a net revenue retention rate of 105% driven by upsell of 113%, with strength across the Email Security 3.0 solution framework, including DMARC Analyzer, Awareness Training and CyberGraph™. Generated $40.7 million in operating cash...

moto syncMinim Inc. “is finding a ready market for its smart and secure networking solutions.” — Jennifer Kent, VP Research at industry analyst firm Parks Associates.Minim adds these five new retailers to its U.S. sales footprint including Amazon, Best Buy, Staples, Walmart and more MANCHESTER, NH, Aug. 03, 2021 (GLOBE NEWSWIRE) —  via NewMediaWire — Minim, Inc. (NASDAQ: MINM), the creator of intelligent networking products under the globally recognized Motorola brand, today announced a significant expansion of its U.S. retail footprint. Starting today and throughout the summer, Motorola home networking products are launching in Home Shopping Network (HSN), The Home Depot, Lowe’s, Sam’s Club, and BJ’s Wholesale Club.   These additional top-tier retailers join Amazon, Best Buy, B&H, Micro...

Three-year term loan agreement with a maximum annual interest rate of 6% to restart the Beaufor Mine and the Beacon Mill. Monarch continues to strengthen its financial position, with over $43 million in cash and cash equivalents.MONTREAL, Aug. 03, 2021 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce that it has entered into a $13.5 million senior secured term loan agreement (the “Loan”) with Investissement Québec. The Loan has a three-year term and bears interest at an annual rate of 6% until the restart of the Beaufor Mine and Beacon Mill, 5% during the first year of production and 4% for the subsequent years, subject to certain pre-established terms and conditions. “We are delighted to have received financial support from Investissement Québec...

VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) today announced that it has entered into a fixed zinc pricing arrangement pursuant to its existing offtake agreement with an affiliate of Glencore plc for approximately 50% of the Company’s forecasted zinc production for the second half of 2021. The arrangement is for a six-month period covering July 2021 to December 2021 at a price of $1.35 per pound of zinc. Don Taylor, President and CEO, commented, “With Titan’s plans to retire a portion of debt and initiate a dividend in the second half of 2021, locking in a portion of our cashflows while maintaining significant exposure to upside movements in the zinc price and adding downside protection will support Titan in delivering on its financial objectives for...

$9.3 billion asset community bank using nCino’s cloud-based, single platform to enable automated workflow across the institution WILMINGTON, N.C., Aug. 03, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced that S&T Bank is now live on the nCino Bank Operating System®. With a footprint spanning Pennsylvania, Ohio and New York, the community bank selected and adopted nCino to streamline processes, advance their digital strategy and better serve their business clients. Through nCino, S&T has been able to eliminate numerous disparate systems and manual processes in favor of a single, end-to-end platform through nCino’s Commercial and Small Business Lending Solutions. S&T is now also live...

TORONTO, Aug. 03, 2021 (GLOBE NEWSWIRE) — Acerus Pharmaceuticals Corporation (TSX:ASP; OTCQB:ASPCF) will announce its second quarter 2021 financial and operating results on Tuesday, August 10, 2021 before the market opens. The company will also host a conference call on Tuesday, August 10, 2021 at 10:00 a.m. Eastern Time. To access the call live, please dial 416-406-0743 or 1-800-952-5114 and use access code 2381183#. Listeners are encouraged to dial in 10 minutes before the call begins to avoid delays. A replay of the conference call will be available until 11:59 p.m. Eastern Time on Tuesday, August 17, 2021 by dialing 905-694-9451 or 1-800-408-3053, using access code:9081508#. About Acerus Acerus Pharmaceuticals Corporation is a Canadian-based specialty pharmaceutical company focused on the commercialization and development of...

– OpGen subsidiary Curetis and its instrument development partner have completed assembly of 10 final pre-series release A30 RQ analyzers – Unyvero A30 RQ instruments are now readily available for final verification and validation testing ROCKVILLE, Md., Aug. 03, 2021 (GLOBE NEWSWIRE) — OpGen, Inc. (Nasdaq: OPGN, “OpGen”), a precision medicine company harnessing the power of molecular diagnostics and bioinformatics to help combat infectious disease, today announced that its subsidiary Curetis GmbH and its instrument development and engineering partner have assembled 10 final pre-series release analyzer instruments of the Unyvero A30 RQ platform. The assembly of the instruments marks the successful completion of a major development milestone in the Unyvero A30 program. The A30 RQ analyzers will now proceed into final...

BEDMINSTER, N.J., Aug. 03, 2021 (GLOBE NEWSWIRE) — Matinas BioPharma Holdings, Inc. (NYSE AMER: MTNB), today announced that Jerome D. Jabbour, Chief Executive Officer, has been invited to participate in a fireside chat as part of the BTIG Virtual Biotechnology Conference on Tuesday, August 10, 2021 at 3:00 p.m. ET. The Company will also host investor meetings during the conference. If you are interested in arranging a one-on-one meeting or listening to the live event, please contact your BTIG conference representative. About Matinas BioPharma Matinas BioPharma is a biopharmaceutical company focused on improving the intracellular delivery of critical therapeutics through its paradigm-changing lipid nanocrystal (LNC) delivery platform. The Company is developing its own internal portfolio of products as well as partnering with leading...

Financial Highlights:Total Revenue Grew 27% Propelled by Streaming Acceleration and Partial Recovery in Certain COVID-Impacted Areas Recorded Music Streaming Revenue Grew 27% Powered by Chart-Topping New Music Robust Growth in Revenue from Emerging Streaming Platforms Margin Expansion and High Operating Cash Flow Conversion Driven by Strong Operating LeverageFor the three months ended June 30, 2021Total revenue grew 33% or 27% in constant currency Digital revenue grew 29% or 23% in constant currency Net income was $61 million versus net loss of $519 million in the prior-year quarter OIBDA was income of $241 million versus a loss of $371 million in the prior-year quarter Adjusted OIBDA increased 58% to $263 million versus $166 million in the prior-year quarter Adjusted EBITDA increased 49% to $282 million versus $189 million in the...

Table 1Kennecott Rock Chip Sample Results near American PitFigure 1Location of samples taken from the past two sampling campaignsVANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) — American Pacific Mining Corp (CSE: USGD / OTCQB: USGDF / FWB: 1QC) (“American Pacific” or the “Company”) is pleased to announce results from a sampling program at the Company’s flagship Madison Copper-Gold project (the “Madison Project”) in Montana, USA. American Pacific has a joint venture earn-in agreement with Rio Tinto, whereby Rio Tinto may spend US $30 million to earn up to 70% of the Madison Project. A total of 26 rock chip samples were collected near the past producing American pit, which identified significant high-grade gold (Au) and copper (Cu) mineralization at the Madison Project. These samples...