Month: August 2021

Medolife Rx Reports Second Quarter 2021 Financial and Operational Results, Schedules Conference Call With Investment Community

Written by Customer Service on August 23, 2021. Posted in Public Companies.

BURBANK, Calif., Aug. 23, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Medolife Rx, Inc. (“Medolife”), a global integrated bioceutical company with R&D, manufacturing, and consumer product distribution, which is a majority owned subsidiary of Quanta, Inc. (OTC PINK: QNTA), announced today financial results for the second quarter of 2021, and provided an operational update. Second Quarter 2021 Highlights: · Total revenue generated was USD $116,869; · Gross margins remained above 60%; · Cash on hand at the end of the quarter was over USD $277,000; · Received a response from the U.S. Food and Drug Administration (FDA) on Pre-Investigational New Drug (Pre-IND) submission on Escozine® validating proof-of-concept study; · Signed product endorsement agreement with Tony Hawk; · ...

NuVista Energy Ltd. Releases 2020 ESG Report

Written by Customer Service on August 23, 2021. Posted in Public Companies.

CALGARY, Alberta, Aug. 23, 2021 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce the release of our 2020 Environmental, Social, and Governance (“ESG”) Report. This report, available for viewing on NuVista’s website, highlights our ESG performance through 2019 and 2020. We are proud to share the progress we’ve made on advancing our ESG priorities. 2020 ESG Highlights include:Over 50% reduction in annual Greenhouse Gas Emissions Intensity (Scope 1) from 2012 to 2020; Continued our commitment to responsibly abandoning and reclaiming inactive wells and facilities in 2020 by investing over $11 million in abandonment and reclamation work; Developed a cultural awareness program for staff centred on education to create understanding, respect, and appreciation for Indigenous cultures;...

Fanhua Announces Quarterly Cash Dividend of US$0.15 per ADS for the Second Quarter of 2021

Written by Customer Service on August 23, 2021. Posted in Dividend Reports And Estimates.

GUANGZHOU, China, Aug. 23, 2021 (GLOBE NEWSWIRE) — The board of directors of Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that its Board of Directors (the “Board”) has declared a quarterly dividend of US$0.0075 per ordinary share, or US$0.15 per ADS for the second quarter of 2021. The dividend is payable on or around September 23, 2021 to shareholders of record on September 7, 2021. About Fanhua Inc. Fanhua Inc. is a leading independent financial services provider. Through our online platforms and offline sales and service network, we offer a wide variety of financial products and services to individuals, including life and property and casualty insurance products. We also provide insurance claims adjusting services, such as damage assessments,...

Class 1 Nickel Announces Execution of Definitive Agreement to Acquire Strategic Portfolio of Mineral Claims in Ontario and Quebec

Written by Customer Service on August 23, 2021. Posted in Mergers And Acquisitions.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Class 1 Nickel and Technologies Limited (CSE: NICO/ OTCQB: NICLF) (the “Company” or “Class 1 Nickel”) is pleased to announce that it has entered into a definitive agreement with Platinum Group Elements Limited (“PGEL”) providing for the acquisition (the “Acquisition”) by the Company of a strategic project portfolio of adjacent and adjoining claims to the Company’s Alexo Dundonald project in Timmins, Ontario, as well as adjacent and adjoining claims to the Company’s Somanike project in Quebec, and a complimentary primary PGE project in Sudbury Ontario (collectively, the “Properties”). The consideration for the Acquisition consists of a cash payment of Cdn$550,000 and the issuance of an aggregate...

Seacoast Announces the Acquisitions of Sabal Palm Bancorp, Inc. and Business Bank of Florida, Corp.

Written by Customer Service on August 23, 2021. Posted in Mergers And Acquisitions.

Establishes Presence in Growing and Affluent Sarasota County Advances Market Share Expansion in Brevard County, the Silicon Valley of the Aerospace Industry STUART, Fla., Aug. 23, 2021 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), announced today that it has entered into two separate definitive agreements to acquire Sabal Palm Bancorp, Inc. (“Sabal Palm”), parent company of Sabal Palm Bank based in Sarasota, FL and Business Bank of Florida, Corp. (“BBFC”), parent company of Florida Business Bank based in Melbourne, FL. The proposed transactions will deepen Seacoast’s presence in Brevard County and provide an entry into the desirable Sarasota market. Upon the completion of each acquisition, the banks will merge with and into...

Cyclerion Therapeutics to Present at Annual Biomarkers for Alzheimer’s Disease Summit

Written by Customer Service on August 23, 2021. Posted in Public Companies.

Presentation to highlight the potential of early clinical assessment of biomarkers to drive development of Alzheimer’s disease therapies CAMBRIDGE, Mass., Aug. 23, 2021 (GLOBE NEWSWIRE) — Cyclerion Therapeutics, Inc. (Nasdaq: CYCN), a clinical-stage biopharmaceutical company on a mission to develop treatments that restore cognitive function, today announced participation in the Annual Biomarkers for Alzheimer’s Disease Summit taking place virtually August 25-26, 2021. Chris Winrow, Ph.D., Head of Translational Medicine, will present on biomarker translation and the potential that early clinical assessment of biomarkers has to drive development of Alzheimer’s disease therapies, and Juli Jones, Ph.D., Head of Disease Biology, will be leading a session exploring the utilization of omics platforms in drug discovery. Presentation Details: Title: Exploring...

Genetron Health to Host Calls Following Earnings and Participate in an Upcoming Investor Conference

Written by Customer Service on August 23, 2021. Posted in Public Companies.

BEIJING, Aug. 23, 2021 (GLOBE NEWSWIRE) — Genetron Holdings Limited (“Genetron Health” or the “Company”, Nasdaq: GTH), a leading precision oncology platform company in China that specializes in offering molecular profiling tests, early cancer screening products and companion diagnostics development, today announced that management will host calls with various brokers following second quarter earnings and participate in an investor conference with Wells Fargo. Management will host calls following earnings, with： UBS at 10:00 AM HKT on August 25thHaitong Securities / CICC at 2:00 PM HKT on August 25thCitic Securities at 3:30 PM HKT on August 25thGuggenheim Securities at 10:15 AM EST on September 23rd Additionally, the details related to the management team’s participation in an upcoming investor conference are as follows: Conference:...

Fanhua Reports Second Quarter and First Half 2021 Unaudited Financial Results

Written by Customer Service on August 23, 2021. Posted in Earnings Releases And Operating Results.

GUANGZHOU, China, Aug. 23, 2021 (GLOBE NEWSWIRE) — Fanhua Inc., (Nasdaq: FANH), (the “Company” or “Fanhua”), a leading independent financial services provider in China, today announced its unaudited financial results for the second quarter and first half ended June 30, 20211. Financial Highlights for the Second Quarter of 2021:(In thousands, except per ADS) 2020Q2(RMB) 2021Q2(RMB) 2021Q2(US$) Change %Total net revenues 881,545 689,919 106,855 (21.7 )Operating income 96,942 51,005 7,900 (47.4 )Share of income of affiliates 4,487 10,965 1,698 144.4 Net income attributable to the Company’s shareholders 99,313 67,405 10,440 (32.1 )Diluted net income per ADS 1.85 1.25 0.19 (32.4 )Cash, cash equivalents and short- term investments (As of June 30, 2020 and 2021) 1,655,866 1,447,685 224,218 (12.6 )Financial Highlights...

Kadant Acquires Leading U.S. Baler Manufacturer

Written by Customer Service on August 23, 2021. Posted in Mergers And Acquisitions.

WESTFORD, Mass., Aug. 23, 2021 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE:KAI) today announced it has completed its acquisition of Balemaster for $54 million in cash, subject to certain customary adjustments. Balemaster is a leading U.S. manufacturer of horizontal balers and related equipment used primarily for recycling packaging waste at corrugated box plants and large retail and distribution centers. The company’s revenue for the trailing twelve months ended June 30, 2021 was approximately $22 million. Balemaster will become part of Kadant’s Material Handling reporting segment. “Our acquisition of Balemaster expands our presence in the secondary material processing sector and creates new opportunities for leveraging our high-performance balers produced in Europe,” said Jeffrey L. Powell, president and chief executive officer of Kadant...

Voxtur Strengthens Its Cloud-Based Valuation Management Platform With Acquisition of Xome Valuations

Written by Customer Service on August 23, 2021. Posted in Mergers And Acquisitions.

Voxtur executes purchase agreement for Xome Valuations, a leading provider of valuation management products and services to clients in the residential real estate sector TAMPA, Fla., and TORONTO, Aug. 23, 2021 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR – OTCQB: VXTRF) (“Voxtur” or the “Company”) is pleased to announce that its wholly-owned U.S. subsidiary, Voxtur Analytics US Corp., has executed a purchase agreement (the “Agreement”) for the acquisition of all of the issued and outstanding membership interests (the “Acquisition”) of Xome Services LLC and Xome Valuation Services LLC (collectively, “Xome Valuations”). Xome Valuations is a leading provider of valuation management products and services to clients in the residential real estate sector. Together, Voxtur’s technology platform and Xome Valuations’ brand and...

Month: August 2021

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