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Month: March 2022

Trillium Gold Retains Market Liquidity Services

VANCOUVER, British Columbia, March 21, 2022 (GLOBE NEWSWIRE) — Trillium Gold Mines Inc. (TSXV: TGM) (OTCQX:TGLDF) (FRA:0702) (“Trillium Gold” or the “Company”) is pleased to announce that, subject to regulatory approval, it has retained Red Cloud Securities Inc. (“Red Cloud”) to provide market-making services to the Company in compliance with the policies and guidelines of the TSX Venture Exchange (“TSXV”) and other applicable legislation. Red Cloud, a Toronto-based registered Investment Dealer focused on providing comprehensive capital market services, will trade shares of Trillium Gold on the TSXV for the purposes of maintaining a reasonable market and improving the liquidity of Trillium Gold common shares. Under the agreement, the Company will pay Red Cloud $5,000 per month, payable quarterly in advance,...

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Diffusion Pharmaceuticals Reports 2021 Financial Results and Provides Business Update

Altitude Trial Dosing Expected To Be Completed in 2Q2022; mid-2022 for ILD-DLCO Trial Phase 2 Hypoxic Solid Tumor Study Protocol Submission Planned to Support 2H22 Study Start $37.3M in Cash & Cash Equivalents as of Year-End; Expected to Fund Operations Through 2023CHARLOTTESVILLE, Va., March 21, 2022 (GLOBE NEWSWIRE) — Diffusion Pharmaceuticals Inc. (NASDAQ: DFFN) (“Diffusion” or the “Company”), an innovative biopharmaceutical company developing novel therapies that enhance the body’s ability to deliver oxygen to areas where it is needed most, today announced financial results for 2021 and provided a business update. Corporate Strategy and Events Business and financial highlights during 2021 and 2022 year-to-date include: Declared Lead Development Program: The Company announced its intent to develop its novel, oxygen...

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Pinduoduo Announces Fourth Quarter 2021 and Fiscal Year 2021 Unaudited Financial Results

SHANGHAI, China, March 21, 2022 (GLOBE NEWSWIRE) — Pinduoduo Inc. (“Pinduoduo” or the “Company”) (NASDAQ: PDD), China’s largest agriculture and interactive commerce platform, today announced its unaudited financial results for the fourth quarter and the fiscal year ended December 31, 2021. Fourth Quarter 2021 HighlightsGMV1 in the twelve-month period ended December 31, 2021 was RMB2,441.0 billion (US$2383.0 billion), an increase of 46% from RMB1,667.6 billion in the twelve-month period ended December 31, 2020.Total revenues in the quarter were RMB27,230.9 million (US$24,273.1 million), an increase of 3% from RMB 26,547.7 million in the same quarter of 2020.Average monthly active users3 in the quarter was 733.4 million, an increase of 2% from 719.9 million in the same quarter of 2020.Active buyers4 in the twelve-month period...

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GCM Mining Announces Subscription to Aris Gold Convertible Debenture; Next Monthly Dividend to be Paid on April 18, 2022

TORONTO, March 21, 2022 (GLOBE NEWSWIRE) — GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it has subscribed to a US$35 million convertible senior unsecured debenture (the “Debenture”) to be issued by a wholly-owned subsidiary of Aris Gold Corporation (“Aris Gold”) (TSX: ARIS). The proceeds of the Debenture will be used to pay a portion of the purchase price for the acquisition, through a joint venture company, of a 20% ownership interest (the “Transaction”) in the Soto Norte gold project in Colombia, one of the world’s largest feasibility-stage gold projects with high-grade mineral reserves, low capital intensity, low operating costs and district-scale potential. Aris Gold will become the operator of the Soto Norte gold project and will have an option to increase its ownership to...

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Avance Gas Holding Ltd: Sale of the VLGC Providence

Bermuda, 21 March 2022 – Avance Gas Holding Ltd (“AGAS” or the “Company”) have entered a contract to sell the 2008-built VLGC Providence with expected delivery in May. The sale is expected to generate approximately USD 24.3 million in net cash proceeds and a book profit of approximately USD 4.8 million to be recognised in the second quarter 2022. Since January 2022, the Company has sold two older VLGCs in a strong second-hand market generating approximately USD 46.8 million in total net cash proceeds. The sales follow the company’s fleet renewal strategy, reducing average age and emissions while further strengthening our balance sheet. For further queries, please contact: Randi Navdal Bekkelund, CFOTel: +47 22 00 48 29 About Avance Gas:Avance Gas operates in the global market for transportation of liquefied petroleum...

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Indaptus Therapeutics Reports Fourth Quarter and Year End 2021 Financial Results and Provides Corporate Update

NEW YORK, March 21, 2022 (GLOBE NEWSWIRE) — Indaptus Therapeutics, Inc. (Nasdaq: INDP) (“Indaptus” or the “Company”), today announces financial results for the fourth quarter and year ended December 31, 2021 and provides a corporate update. “We enter 2022 excited about the future for Indaptus as we continue to advance our clinical readiness with site selection, toxicology studies and other tasks necessary for the successful clearance of our Investigational New Drug application,” said Jeffrey Meckler, Chief Executive Officer of Indaptus. “With Dr. Litchev at the clinical helm, we look forward to his final evaluation of the study design and clinical strategy. We remain on track to initiate this important Phase 1 study of Decoy20 this year and look forward to bringing this novel, multi-targeted therapy to the fight...

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Bitcoin Well Reports 2021 Financial Results and Announces Closing of Second Tranche of Secured Debenture Financing

EDMONTON, Alberta, March 21, 2022 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (the “Company” or “Bitcoin Well”) (TSXV: BTCW), today announced our financial and operating results for the fourth quarter and twelve months ended December 31, 2021 and the closing of the second tranche under the Company’s secured convertible debenture (the “Convertible Debenture”) in the principal amount of $2 million on March 17, 2022. The interim Financial Statements and Notes, as well as Management’s Discussion and Analysis (“MD&A”) are available on our website and have been filed on SEDAR. “Bitcoin Well increased revenue by 92% in 2021 as a result of the expansion of white glove service at our in-person offices in Western Canada. The next step is to expand our online ecosystem of products to eventually serve a global market,” said Adam O’Brien, Founder...

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IGEN Networks Corporation launches Medallion GPS PRO for Medium to Heavy Duty Commercial Fleets

IGEN’s Medallion GPS PRO will be offered exclusively to Counties, State, and the Federal Government with its patented Driver Telematics Signature for Driver Safety and Performance Scoring Lake Elsinore, CA, March 21, 2022 (GLOBE NEWSWIRE) — IGEN Networks Corporation (OTC: IGEN) (CSE: IGN), a leading innovator of cloud-based and Internet of Things (IoT) solutions for the protection and management of mobile assets, today announced the launch of Medallion GPS PRO developed to meet the extensive needs of Medium-to-Heavy Duty commercial fleets deployed throughout Counties, States, and the Federal government.  Medallion GPS PRO is IGEN’s next level of commercial fleet applications that utilizes the extensive data systems inherent within heavier commercial vehicles.  Medallion GPS PRO will offer IGEN’s patented Driver...

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Torex Gold Announces Release Date for the Morelos Complex Technical Report

TORONTO, March 21, 2022 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces that it plans to release the results of an updated technical report (the “Technical Report”) for the Morelos Complex after market close on Thursday, March 31, 2022. A technical session (the “Technical Session”) to discuss the results of the Technical Report will be held on Friday, April 1, 2022. The live webcast is scheduled to start at 8:30 AM ET and will last approximately 3 hours. The Technical Session will be hosted by the management team of Torex. In order to join the webcast, participants must register in advance through the registration link. Once registered, the live webcast can be accessed through the event portal link.Registration link: www.torexgoldtechnicalsession2022.com/register Event portal link:...

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InvestmentPitch Media Video Discusses Alliance Mining’s Results from Vein Sampling Program on Red Rice Lake Gold Property in Manitoba including 44 g/t Gold

VANCOUVER, British Columbia, March 21, 2022 (GLOBE NEWSWIRE) — Alliance Mining Corp. (TSXV:ALM) announced results from its Fall, 2021, prospecting and sampling program on its Red Rice Lake gold property in south eastern Manitoba. The Red Rice Lake gold property claims are located in the centre of Manitoba’s Bissett gold camp, close to the town of Bissett, which forms part of the Uchi sub-province that includes the Red Lake and Pickle Lake belts in Northwestern Ontario. A Media Snippet accompanying this announcement is available by clicking on the image or link below:For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company. The video is available for viewing on “InvestmentPitch.com” and on “YouTube”. If these links are not enabled, please visit www.InvestmentPitch.com...

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