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Day: November 3, 2021

Tenaris Announces 2021 Third Quarter Results

The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Free cash flow and Net cash / debt. See exhibit I for more details on these alternative performance measures. LUXEMBOURG, Nov. 03, 2021 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and EXM Italy: TEN) (“Tenaris”) today announced its results for the quarter and nine months ended September 30, 2021 with comparison to its results for the quarter and nine months ended September 30, 2020. Summary...

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XP Inc. Reports 3Q21 Financial Results

SÃO PAULO, Brazil, Nov. 03, 2021 (GLOBE NEWSWIRE) — XP Inc. (NASDAQ: XP) (“XP” or the “Company”), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, reported today its financial results for the third quarter of 2021. To our shareholders “In adversity, some give up, while others exceed records.” Ayrton Senna. This phrase has been inspiring us throughout our history. The ownership culture and our partnership, currently with more than 800 partners and 6,000 empowered executives acting as CEOs, coupled with our resilience and tenacity, were the factors that made us overcome various moments of uncertainty we have been through. It was like that in 2001, 2005, 2007, 2014 and 2019, and it will be no different today. Whether or not we are in a crisis we cannot...

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STEP Energy Services Ltd. Reports Third Quarter 2021 Results and Announces Executive Leadership Changes

CALGARY, Alberta, Nov. 03, 2021 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2021. The following press release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and unaudited condensed consolidated interim financial statements and notes thereto as at and for the three and nine months ended September 30, 2021 (the “Quarterly Financial Statements”). Readers should also refer to the “Forward-looking information & statements” legal advisory and the section regarding “Non-IFRS Measures” at the end of this press release. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated. Additional information about STEP is available...

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MediciNova Announces New Data regarding MN-166 (ibudilast) in Glioblastoma to be Presented at the Annual Meeting of the Society for Neuro-Oncology

LA JOLLA, Calif., Nov. 03, 2021 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the JASDAQ Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that MediciNova’s collaborator, Dr. Justin Lathia, Co-Director of the Brain Tumor Research and Therapeutic Development Center of Excellence at Cleveland Clinic Lerner Research Institute, and Professor, Department of Molecular Medicine at Cleveland Clinic Lerner College of Medicine of Case Western Reserve University, will present new data regarding MN-166 (ibudilast) from a glioblastoma animal model study at the 26th Annual Meeting of the Society for Neuro-Oncology (SNO) to be held November 18 – 21, 2021 in Boston. The presentation details are as follows: Date: Saturday November 20, 2021Session...

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Bunker Hill Files Updated PEA Technical Report and Provides Mine Restart Project Update

TORONTO, Nov. 03, 2021 (GLOBE NEWSWIRE) — Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR, OTCQB: BHLL) is pleased to announce the filing of an updated independent Preliminary Economic Assessment (“PEA”) for the restart of the Bunker Hill Mine in the world-class Silver Valley region of Idaho, USA, and to provide a mine restart project update. HIGHLIGHTS:  NI 43-101 compliant technical report filed for updated PEA announced on September 20, 2021 Updated PEA contemplates materially improved financial returns from prior PEA: $143M NPV (+42% increase), 35% IRR, 2.6-year payback, $25M annual average FCF (+28% increase) at $1.15/lb Zn, $0.90/lb Pb, $20/oz Ag Restart plan continues to be refined through progression of engineering, design, test-work and trade-off studies in support of the on-going project financing process, to support...

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Kirkland Lake Gold Reports Record Net Earnings in Q3 2021

TORONTO, Nov. 03, 2021 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced the Company’s financial and operating results for the third quarter (“Q3 2021”) and first nine months (“YTD 2021”) of 2021. The results included record quarterly earnings driven by strong operating results, including record quarterly production and all-in sustaining costs(1) at Detour Lake and continued grade outperformance at Fosterville. The Company also reported solid earnings growth in YTD 2021 compared to the first nine months of 2020 (“YTD 2020”), resulting largely from increased revenue. The Company’s full financial statements and management discussion & analysis are available on SEDAR at www.sedar.com and on the Company’s website at www.kl.gold. All dollar amounts are...

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Nemaura Medical to Present at the Diabetes Technology Society 2021 Conference on November 4, 2021

Loughborough, England, Nov. 03, 2021 (GLOBE NEWSWIRE) — Nemaura Medical, Inc. (NASDAQ: NMRD), a medical technology company focused on developing and commercializing non-invasive wearable diagnostic devices and supporting personalized lifestyle coaching programs, announces today that Chief Executive Officer Faz Chowdhury, Ph.D. will be presenting virtually at the Diabetes Technology Society Annual Meeting on November 4, 2021 at 2:00 PM ET. To watch the presentation, participants must be registered for the conference, which can be found here. The Diabetes Technology Society meeting’s goal is to connect technology developers and users to facilitate the creation of new and cost-effective tools to help people with diabetes. FDA officials will participate to update attendees on current U.S. regulatory policies. The meeting will particularly...

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Brookfield Completes Transition of Non-traded REIT from Oaktree

“Brookfield REIT” to be Distributed Through Brookfield Oaktree Wealth Solutions BROOKFIELD, NEWS, Nov. 03, 2021 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (NYSE: BAM; TSX: BAM.A) (“Brookfield”) and Oaktree Capital Management, L.P. (“Oaktree”) today announced the completion of the previously announced transition of the advisory role of Oaktree Real Estate Income Trust, Inc. (“Oaktree REIT”) to Brookfield and have renamed the non-traded REIT “Brookfield Real Estate Income Trust Inc.” (“Brookfield REIT” or “the REIT”). Brookfield REIT will be distributed by Brookfield Oaktree Wealth Solutions, a wealth management platform established to offer institutional-caliber alternative investment products to qualified individual investors globally. Through Brookfield REIT individual investors can obtain exposure to the same investment...

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LGI Homes Reports October 2021 Home Closings

THE WOODLANDS, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 725 homes in October 2021, compared to 818 homes closed in October 2020. The Company ended the first ten months of 2021 with 8,641 home closings, a 28.0% increase over 6,749 home closings during the first ten months of 2020. As of October 31, 2021, the Company had 106 active selling communities. About LGI Homes, Inc. LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes. As one of America’s fastest growing companies, LGI Homes has a notable legacy of more than 18 years of homebuilding excellence, over which time it has closed more than 50,000 homes and has been profitable every year. Headquartered in The Woodlands,...

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PHX Energy Announces Strong Third Quarter Results and Increased 2021 Capital Expenditure Program

CALGARY, Alberta, Nov. 03, 2021 (GLOBE NEWSWIRE) — Financial ResultsFor the three-month period ended September 30, 2021, PHX Energy Services Corp. (the “Corporation” or “PHX Energy”) generated strong third quarter revenue from continuing operations as demand for the Corporation’s premium technologies continued to strengthen and the industry activity continued to recover. PHX Energy recognized revenue of $93.3 million (2020 – $37 million) and PHX Energy’s consolidated activity levels for the third quarter increased by 133 percent to 5,753 days (2020 – 2,467 days). For the three-month period September 30, 2021, earnings from continuing operations were $4.2 million in the 2021-quarter (2020 – $1.6 million) and adjusted EBITDA from continuing operations was $14.1 million (2020 – $6.8 million) (see “Non-GAAP...

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