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Month: March 2022

D2L Inc. Announces Fourth Quarter and Fiscal Year 2022 Financial Results

Total revenue grows 22% for Q4 to US$41.4 million and 20% for full year to US$151.9 million Subscription and support revenue increases by 19% for Q4 to US$36.2 million and by 19% for full year to US$134.7 millionTORONTO, March 28, 2022 (GLOBE NEWSWIRE) —  D2L Inc. (TSX: DTOL) (“D2L” or the “Company”), a global learning technology leader, today announced financial results for its fiscal 2022 fourth quarter and year ended January 31, 2022. All amounts are in U.S. dollars and all figures are prepared in accordance with International Financial Reporting Standards (IFRS) unless otherwise indicated. “We had a strong fourth quarter to close out an excellent year, which saw us complete our public offering, achieve our target of 20% top-line growth, add roughly $25 million in new annual recurring revenue, and significantly grow our base...

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Monarch Mining Corporation Receives Shareholder Approval by Written Resolution for Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. MONTREAL, March 28, 2022 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce that it has received shareholder approval by written resolution for the private placement announced on March 16, 2022. The terms of the private placement, as announced in the March 16 press releases, and the process for obtaining shareholder approval are described below. The Corporation intends to complete a brokered private placement for the issuance and sale of 20,000,000 units of the Corporation (the “Units”) at a price of $0.60 per Unit (the “Subscription Price”), for aggregate gross proceeds of...

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Costamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2021

MONACO, March 28, 2022 (GLOBE NEWSWIRE) — Costamare Inc. (the “Company” or “our”) (NYSE: CMRE) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission and can be accessed on the Company’s website, www.costamare.com, in the “Investors” section under “Annual Reports”. Stockholders may also request a hard copy of the Annual Report, which includes the Company’s complete 2021 audited financial statements, free of charge, by contacting the Company’s investor relations manager at ir@costamare.com. About Costamare Inc. Costamare Inc. is one of the world’s leading owners and providers of containerships for charter. The Company has 48 years of history in the international shipping industry and a fleet of 82 containerships,...

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Ozempic® 2.0 mg approved in the US for the treatment of type 2 diabetes

Bagsværd, Denmark, 28 March 2022 – Novo Nordisk today announced that the US Food and Drug Administration (FDA) has approved a 2.0 mg dose of Ozempic® (once-weekly semaglutide subcutaneous injection), a glucagon-like peptide-1 (GLP-1) analogue for the treatment of adults with type 2 diabetes. Ozempic® is now approved in the US at 0.5 mg,1.0 mg and 2.0 mg doses for the treatment of type 2 diabetes in adults. Further, Ozempic® is indicated to reduce the risk of major cardiovascular events such as heart attack, stroke or death in adults with type 2 diabetes and known heart disease. The FDA approval is based on the results from the SUSTAIN FORTE trial. In the trial, people treated with semaglutide 2.0 mg achieved a statistically significant and superior reduction in HbA1c at week 40 compared to semaglutide 1.0 mg. In the trial, both doses of...

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Flexshopper Inc. Schedules 2021 Fourth Quarter and Fiscal Year Financial Results Conference Call

Conference Call Scheduled for Thursday, March 31, 2022 at 9:00 a.m. ET BOCA RATON, Fla., March 28, 2022 (GLOBE NEWSWIRE) — FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper” or the “Company”), a leading national online lease-to-own (“LTO”) retailer and LTO payment solution provider, announced today that it intends to release its financial results for its fourth quarter and year ended December 31, 2021 after the market closes on Wednesday, March 30, 2022. The Company intends to hold a conference call to discuss those results the next day, March 31 at 9:00 a.m. Eastern Time. Conference Call DetailsDate:    Thursday, March 31, 2022Time:    9:00 a.m. Eastern Time     Participant Dial-In Numbers:  Domestic callers:    877-407-3944International callers:    412-902-0038Access by Webcast The call will also be simultaneously...

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Sysco to Host First Supplier Diversity Summit May 25

HOUSTON, March 28, 2022 (GLOBE NEWSWIRE) — Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, announced today that it will hold its first Supplier Diversity Summit on May 25, 2022. As the premiere foodservice industry partner, Sysco’s senior leadership team will provide updates on the company’s business and DEI strategy, as well as insight into programs such as its new Mentorship Program that assist diverse suppliers in how to do business with Sysco. The summit will also feature a special recognition event for Sysco’s top diverse supplier partners. In addition, Sysco will hold virtual match-making sessions with both direct and indirect suppliers. These interactive sessions will help the company identify and engage suppliers that provide products and services to the foodservice industry and are at...

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Wellbeing Digital Sciences Announces Restructuring of Security-Based Compensation

VANCOUVER, British Columbia, March 28, 2022 (GLOBE NEWSWIRE) — Wellbeing Digital Sciences Inc. (“Wellbeing” or the “Company”) (NEO: MEDI) (OTC: KONEF) (FRA: SQ2), an evidence-based healthcare company focused on innovative clinical solutions, artificial intelligence-powered digital therapeutics and contract research, today announced that it has granted 5,099,999 compensation stock options (the “Options”) and 3,000,000 restricted share units (the “RSUs”) to certain directors, officers, employees, advisors, and consultants of the Company. The Options shall vest immediately and be exercisable into common shares at a price of $0.215 per Option for a period of 5 years from issuance. The RSUs are subject to future vesting with one quarter vesting at each of 3, 6, 9, and 12 months from the date of issuance and shall be exercisable for...

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Fanhua Announces Appointments of COO and CDO

GUANGZHOU, China, March 28, 2022 (GLOBE NEWSWIRE) — The board of directors (the “Board”) of Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that Mr. Lichong Liu (“Mr. Liu”) has been appointed as the vice president and chief operating officer (“COO”) of the Company to oversee corporate operations, and that Mr. Jun Li (“Mr. Li”) has been appointed as the vice president and chief digital officer (“CDO”) of the Company to accelerate the Company’s digital transformation, effective immediately. Mr. Lichong Liu joined Fanhua in 2006, and has previously served in various leadership positions including chairman and chief executive officer of Fanhua Insurance Sales Service Group Company Limited, the onshore holding company of Fanhua’s main operating entities,...

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

GUANGZHOU, China, March 28, 2022 (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 fourth quarter of 2021. The dividend is payable on or around April 26, 2022 to shareholders of record on April 12, 2022. 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, surveys,...

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Fanhua Reports Fourth Quarter and Fiscal Year 2021 Unaudited Financial Results

GUANGZHOU, China, March 28, 2022 (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 fourth quarter and fiscal year ended December 31, 20211. Financial Highlights for the Fourth Quarter of 2021:(In thousands, except per ADS) 2020Q4 (RMB) 2021Q4 (RMB) 2021Q4(US$) Change %Total net revenues 851,974   802,629   125,950   (5.8 )Operating income 71,874   82,336   12,921   14.6  Impairment on investment in an affiliate (22,958 ) (29,316 ) (4,600 ) 27.7  Net income attributable to the Company’s shareholders 47,826   10,949   1,718   (77.1 )Non-GAAP net income attributable to the Company’s shareholders2 70,784   40,265   6,318   (43.1 )Diluted net income per ADS 0.89   0.20   0.03   (77.5 )Non-GAAP...

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