Day: January 13, 2022
EDEN PRAIRIE, Minn., Jan. 13, 2022 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, will reveal an all-electric concept motorhome developed by the company’s Advanced Technology Group (ATG) at the Florida RV Super Show in Tampa, Florida. The onsite vehicle and display will be augmented by a virtual Facebook event at 2:00 p.m. Eastern time on Tuesday, January 18, 2022.
Winnebago Industries continues its innovation legacy with the reveal of an all-electric concept motorhome, a milestone in the two-year plus development of the vehicle. ATG was established in 2019 to identify and develop emerging technologies for application within future products and services in the company’s various business units. The all-electric concept motorhome is the first public facing example of ATG...
Piedmont Office Realty Trust, Inc to Report Fourth Quarter and Annual 2021 Financial Results
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Atlanta, Jan. 13, 2022 (GLOBE NEWSWIRE) — Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter financial results on Monday, February 7, 2022, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Tuesday, February 8, 2022, at 10:00 a.m. Eastern time and will be broadcast live in listen-only mode on the company’s investor relations website at investor.piedmontreit.com. During the conference call, the Company’s management team will review fourth quarter and annual performance, discuss recent events and conduct a question-and-answer period.
To Listen to the Webcast:
Click on the webcast link under the Investor Relations section of the Company’s website at http://investor.piedmontreit.com/news-and-events/events-calendar.
For analysts...
NextPlay Technologies Reports Fiscal Q3 2022 Record Revenue of $4.2 Million, up 59% Sequentially; Gross Margin Increases to 53.5%
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SUNRISE, FL, Jan. 13, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — NextPlay Technologies, Inc. (NASDAQ: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, reported results for the third quarter of fiscal 2022 ended November 30, 2021.
Fiscal Q3 Financial Highlights
● Achieved record quarterly revenue of $4.2 million, +59% from the previous quarter. This compares very favorably to $0 revenue in the same period last year.
● Gross profit totaled $2.2 million, with consolidated gross margin improving to 53.5% from 51.9% in the previous quarter.
● Assets totaled $121.0 million.
● Cash, cash equivalents and restricted cash totaled $21.4 million, up from $8.9 million at the end of the previous quarter as the result of an equity offering completed during the...
Shawcor Announces Closing of Credit Facility
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TORONTO, Jan. 13, 2022 (GLOBE NEWSWIRE) — Shawcor Ltd. (“Shawcor” or the “Company”) (TSX: SCL) today announced that it has successfully closed on the previously announced credit facility (the “Credit Facility”) with Toronto-Dominion Bank and National Bank Financial as co-lead arrangers and HSBC Bank Canada, JP Morgan Chase Bank and Export Development Bank as lenders. The Credit Facility provides for a US$300 million, four-year senior secured revolving facility.
“We remain focused on strengthening our balance sheet to provide the financial flexibility required to effectively manage our business,” said Mike Reeves, Shawcor’s President and CEO. “The combination of our recently executed bond placement and the new revolving bank facility positions Shawcor to further accelerate the profitable growth of our high value, materials technology...
Logiq Restructures Management Team
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With 2020-2021 Strategic Initiatives Successfully Achieved, Company Pivoting to Customer Acquisition and M&A
NEW YORK, Jan. 13, 2022 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ, NEO: LGIQ), a global provider of award-winning consumer acquisition solutions, today announced a restructuring of the Company’s senior management team to better execute on its previously announced strategic direction. The changes are effective immediately and are as follows:Logiq Co-Founder and Executive Chairman Brent Suen has been appointed Chief Executive Officer, a role he previously held from 2014 to 2020. He succeeds Tom Furukawa.
Chief of Staff John MacNeil has been appointed Chief Operating Officer, a role he previously held from December 2019 to November 2020. He succeeds Steven Hartman.
Haig Newton, President of DataLogiq, former head of...
Molecular Partners Reports Disclosure of Major Shareholder as per Swiss Stock Exchange Regulations
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BVF Partners L.P. acquired shares from Essex Woodlands Health Ventures Funds
ZURICH-SCHLIEREN, Switzerland & CONCORD, Mass., Jan. 13, 2022 (GLOBE NEWSWIRE) — Ad hoc announcement pursuant to Art. 53 LR: Molecular Partners AG (SIX: MOLN; NASDAQ: MOLN), a clinical-stage biotech company developing a new class of custom-built protein drugs known as DARPin therapeutics, today reported changes in ownership based on disclosure notifications received according to Article 120 of the Swiss Financial Market Infrastructure Act. According to such disclosure notifications, two investors crossed the following thresholds on January 10, 2022: Essex Woodlands Health Ventures Funds crossed below the 3% threshold, transacting its remaining shares of Molecular Partners to BVF Partners L.P., whose holdings have now crossed the 10% threshold, rising...
Eldorado Gold Announces Strong 2021 Preliminary Production of 475,912 oz; Announces Board and Management Appointments; and Provides Conference Call Details
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VANCOUVER, British Columbia, Jan. 13, 2022 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or “the Company”) is pleased to announce fourth quarter 2021 preliminary gold production of 122,644 ounces, and full year 2021 preliminary production of 475,912 ounces. Annual gold production from the Company’s four operating mines is at the upper end of the revised production guidance range of 460,000 to 480,000 ounces. Detailed production, by asset, is outlined in the table below.
Q4 2021 and Year-to-Date 2021 Preliminary Gold Production
Production (oz)Mine
Q4 2021
Q4 2020
Q3 2021Kisladag
33,136
56,816
51,040Lamaque
51,354
44,168
37,369Efemcukuru
22,631
25,828
23,305Olympias
15,523
11,408
13,745Total Gold Production (oz)
122,644
138,220
125,459
Production (oz)Mine
Full Year 2021
Full Year...
Range Announces Pricing of $500 Million Offering of Senior Notes
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FORT WORTH, Texas, Jan. 13, 2022 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) (“Range” or the “Company”) announced today that it has priced at par an offering of $500 million aggregate principal amount of senior notes due 2030 (the “Notes”), which will carry an interest rate of 4.75%. Range expects that the net proceeds of the offering will be approximately $492.0 million. Range intends to use the net proceeds from the offering, together with cash on hand and borrowings under its bank credit facility, to redeem all of its outstanding 9.25% senior notes due 2026 (the “2026 Senior Notes”).
Range expects to close the sale of the Notes on February 1, 2022, subject to the satisfaction of customary closing conditions.
Range intends to issue a conditional notice of redemption to the holders of the 2026 Senior Notes, notifying...
GCM Mining Files National Instrument 43-101 Technical Report for Its Toroparu Project in Guyana
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TORONTO, Jan. 13, 2022 (GLOBE NEWSWIRE) — GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it has filed a technical report and preliminary economic assessment (the “Technical Report”) pursuant to National Instrument 43‐101 – Standards of Disclosure for Mineral Projects (“NI 43‐101″) for its Toroparu Gold Project located in the Upper Puruni River Region of Western Guyana. The Technical Report dated January 11, 2022, with an effective date of December 1, 2021, supports the disclosure made by the Company in its December 1, 2021 news release and was prepared by Nordmin Engineering Ltd. The Technical Report is based on the updated Mineral Resource estimate for the Toroparu Gold Project with an effective date of November 1, 2021.
About GCM Mining Corp.
GCM Mining Corp. is a mid-tier...
Blue Biofuels Achieves Over 99% Conversion of Cellulose
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PALM BEACH GARDENS, FL, Jan. 13, 2022 (GLOBE NEWSWIRE) — Blue Biofuels, Inc. (PINK: BIOF). (the “Company” or “BIOF”) is pleased to announce that it has achieved full conversion ( 99% + ) of king grass cellulosic material to water soluble sugars on a repeatable basis. This conversion occurs with a reaction time of under one minute.
This achievement was accomplished with the Company’s upgraded 4th generation CTS 2.0 (Cellulose to Sugar) reactor system that has been designed to allow further process optimization as compared to earlier systems. Full conversion is the most efficient use of the feedstock possible and exceeds earlier projections. Management believes that this will lead to lower operating and feedstock costs.
This result provides the Company with a strong basis to upscale to the semi commercial 5th generation system and...