Day: December 8, 2021
Annual recurring revenue grows 20% year over year to US$149.6 million Total subscription and support revenue increases by 20% for Q3 to US$34.9 million and by 19% fiscal year to date to US$98.5 million
TORONTO, Dec. 08, 2021 (GLOBE NEWSWIRE) — D2L Inc. (TSX: DTOL) (“D2L” or the “Company”), a global learning technology leader, today announced financial results for its fiscal 2022 third quarter ended October 31, 2021.
“We’re having a strong year at D2L, and we experienced continued momentum across the business during the third quarter,” said John Baker, President and CEO of D2L. “Our results reflect an increase in new customers and expanded relationships with existing customers – early returns from our investments in sales – as well as sustained adoption of digital learning experiences across our core markets. Our year-to-date performance...
Inscape announces entering into an agreement for the sale and leaseback of the Holland Landing Facility
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HOLLAND LANDING, Ontario, Dec. 08, 2021 (GLOBE NEWSWIRE) — Inscape Corporation (“Inscape” or the “Company”) (TSX: INQ), is pleased to announce that the Company has entered into an agreement (the “Agreement”) dated November 8, 2021 (the “Effective Date”) for the sale and leaseback (the “Proposed Transaction”) of the Holland Landing Facility at 67 Toll Road, East Gwillimbury, Ontario (the “Property”) to a third-party purchaser (the “Purchaser”). The purchase price is CDN$32,750,000.
Pursuant to the Agreement, the Purchaser, had thirty (30) days from the Effective Date to conduct physical and other inspections and tests, studies and investigations relating to the Property as it deemed necessary. If the Purchaser, in its sole, absolute, and arbitrary discretion, was not satisfied with the condition of the Property and its investigation...
EV Battery Tech Closes Acquisition of Large-Scale Crypto Mining Infrastructure Company
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The Company Continues to Increase its Exposure to Cryptocurrency by Acquiring Development Rights to Power and Infrastructure for 1,000 ASIC Miners in Canada
Vancouver, BC , Dec. 08, 2021 (GLOBE NEWSWIRE) — Extreme Vehicle Battery Technologies Corp. (the “Company” or “EV Battery Tech”) (CSE: ACDC) (OTCQB: CRYBF) is pleased to announce that further to its news release dated November 23, 2021, it has now completed the acquisition (the “Acquisition”) of Optimal CP Inc. (“Optimal”), a company focused on the development and management of large-scale crypto mining facilities.
Optimal is presently developing numerous facilities within Alberta, Canada, that will leverage direct access to clean, reliable, low-cost power generation, that will provide energy for some of the cheapest, cleanest and most reliable mining operations globally.
The...
Triterras Provides Further Update on Independent Audit of Financials for Fiscal Year Ended February 28, 2021
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SINGAPORE, Dec. 08, 2021 (GLOBE NEWSWIRE) — Triterras Inc. (NasdaqGM: TRIT, TRITW) (“Triterras” or the “Company”), a leading fintech company focused on trade and trade finance, today is providing an update on the independent audit of its financial statements for the fiscal year ended February 28, 2021 (the “Audit”).
The Company continues to work with its independent auditor to finalize the Audit but at this time, the Audit has yet to be finalized and the Company has not met Nasdaq’s deadline to file its Annual Report on Form 20-F for the fiscal year ended February 28, 2021 (the “2021 Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”).
The Company has informed Nasdaq of the situation and plans to make a public announcement via press release when there is further clarity or any material developments in the...
Nuvei Reaffirms Financial Outlook for Full Year 2021 and Long-Term Growth Targets
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Remains Confident in Achieving Growth Targets for Total Volume, Revenue and Adjusted EBITDA Margin. Company Comments on Allegations Made in Short Seller ReportNuveiPayment Technology PartnerMONTREAL, Dec. 08, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (Nasdaq: NVEI) (TSX: NVEI), the global payment technology partner of thriving brands, today reaffirmed the financial outlook it disclosed on November 9, 2021 for full year 2021 and reiterated its long-term growth targets for total volume, revenue and adjusted EBITDA margin also disclosed on that date.
Nuvei believes the recent report issued by a short seller is intentionally misleading and draws inaccurate conclusions, innuendo and character attacks on key executives, among numerous other issues. The personal attacks on Nuvei executives...
mPhase Announces Corporate Name Change and Delivery Schedule for EV Charging Equipment
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Gaithersburg, MD, Dec. 08, 2021 (GLOBE NEWSWIRE) — mPhase Technologies, Inc. (OTC Pink: XDSL) (“mPhase” or the “Company”), a technology company developing the mPower 5G-enhanced electric vehicle (EV) charging network and consumer engagement platform, is pleased to announce a company-rebranding effort to reflect the expected growth of its mPower EV/5G ecosystem. The Company will change its name from mPhase Technologies, Inc. to mPower Technologies, Inc. to reflect this transition. In conjunction with this new corporate name, the Company’s stock symbol will change from XDSL to POWR, pending FINRA approval.
“Our mPower business is the fastest growth engine within our company, so this name change is necessary to reflect what will be our primary strategy for years to come,” explained mPhase CEO Anshu Bhatnagar. “Our old stock symbol...
DTE Energy sets 2022 annual meeting date
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Detroit, Dec. 08, 2021 (GLOBE NEWSWIRE) — DETROIT, Dec. 8, 2022 – The DTE Energy (NYSE: DTE) Board of Directors today announced that its 2022 Annual Meeting of Common Stock Shareholders will be Thursday, May 5.
Shareholders of record at the close of business March 8, 2022 are eligible to vote at the meeting. Shareholders interested in proposing business from the floor or nominating a person for the position of director from the floor must give notice and certain information to the DTE Energy corporate secretary by the close of business on Jan. 20, 2022.
About DTE Energy
DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.3 million customers in Southeast Michigan...
Vasta Platform Limited – ESG Materiality Assessment
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SÃO PAULO, Brazil, Dec. 08, 2021 (GLOBE NEWSWIRE) — Vasta Platform Limited (NASDAQ: VSTA) is conducting a materiality assessment about the matters related to Environmental, Social and Governance (ESG) standards and requests the contribution of its shareholders and the general investment community. A confidential survey is available through the following link: https://bit.ly/engagement_vasta21. Vasta appreciates your contribution.
About Vasta
Vasta is a leading, high-growth education company in Brazil powered by technology, providing end-to-end educational and digital solutions that cater to all needs of private schools operating in the K-12 educational segment, ultimately benefiting all of Vasta’s stakeholders, including students, parents, educators, administrators and private school owners. Vasta’s mission is to help private K-12...
Certara to Host Investor Day on December 15, 2021
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PRINCETON, N.J., Dec. 08, 2021 (GLOBE NEWSWIRE) — Certara, Inc. (Nasdaq: CERT), a global leader in biosimulation, will host an Investor Day on Wednesday, December 15, 2021 from 3:00 PM to 6:00 PM ET in New York City. Certara’s management team will provide updates on the Company’s strategy, differentiated software and technology-driven services, and financial guidance for 2022. There will also be a demonstration of the Simcyp™ Simulator.
The live video webcast of the event, along with a slide presentation, will be available on Certara’s Investor Relations website at https://ir.certara.com/events/event-details/certara-investor-day. A replay of the event will be archived on the Investor Relations website for 2 weeks following the event.
About Certara Certara accelerates medicines using proprietary biosimulation software and...
Crew Energy Inc. Announces 2022 Capital Budget and Continued Execution of Two-Year Plan, Highlighted by Debt Reduction and Per Share Growth in Production and AFF
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Right-Sizing the Balance SheetRight-Sizing the Balance SheetCALGARY, Alberta, Dec. 08, 2021 (GLOBE NEWSWIRE) — Crew Energy Inc. (TSX: CR, OTCQB: CWEGF) (“Crew” or the “Company”), a growth-oriented natural gas weighted producer operating exclusively in the world-class Montney play in northeast British Columbia, is pleased to confirm that our Board of Directors (the “Board”) has approved a 2022 capital expenditure budget ranging between $70 and $95 million, in-line with our established two-year plan. In 2022, Crew plans to continue targeting increased annual average daily production, expand our adjusted funds flow (“AFF”), and generate free AFF1 for ongoing debt repayment designed to significantly improve leverage metrics (the “Two-Year Plan”). In 2022, we expect to produce enough natural gas to heat over 750,000...