Day: May 12, 2022

TORONTO, May 12, 2022 (GLOBE NEWSWIRE) — GCM Mining Corp. (TSX: GCM; OTCQX: TPRFF) announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the three months ended March 31, 2022. All financial figures contained herein are expressed in U.S. dollars (“USD”) unless otherwise noted. Non-GAAP financial performance measures in this press release are identified with “NG”. For a detailed description of each of the non-GAAP measures used in this press release and a detailed reconciliation to the most directly comparable measure under IFRS, please refer to the Company’s MD&A. Lombardo Paredes, Chief Executive Officer of GCM Mining, commenting on the first quarter results, said, “We have started off 2022 on a positive note, meeting...

VANCOUVER, British Columbia, May 12, 2022 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the three months ended March 31, 2022. All amounts are presented in United States dollars unless otherwise stated. Q1 2022 and RECENT HIGHLIGHTS:On March 25, 2022, the Company closed a bought deal financing for gross proceeds of C$30,000,300 (the “2022 Bought Deal”)1. As at March 31, 2022, we have $33.9 million in cash and $7.25 million in 2022 receivables to continue exploring and de-risking our Black Pine and Goldstrike oxide gold projects in the Great Basin, USA.At Black Pine we:Continued to drill define the Rangefront Focus Area (“RFA”) through Q1 2022. The RFA now encompasses an area of approximately one square...

EBITDA & Operating Income (Loss) graph NLH Adj EBITDA & Operating Income (Loss) graphRevenue Graph NLH Revenue GraphNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, May 12, 2022 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a growing home health care organization, is pleased to announce the release of financial results for the quarter ended March 31, 2022. All amounts are in United States dollars unless otherwise specified. Nova Leap Q1 2022 Financial Results Financial results for the three months ended March 31, 2022 include the following:Q1 2022 revenues were the highest in the Company’s history; Q1 2022 revenues of $7.297 million increased by 45.4% relative to Q1 2021 revenues of $5.020 million and were 23.5%...

MARKHAM, Ontario, May 12, 2022 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three months ended March 31, 2022. Results are presented in Canadian dollars unless otherwise noted. First Quarter HighlightsHigh community transmission of the Omicron variant resulted in increased outbreaks and high absenteeism across the organization. Consequently, home health care average daily volumes (“ADV”) were 4.8% lower than Q4 2021 and our long-term care (“LTC”) average occupancy dropped by 120 bps. The sale of the Esprit retirement living portfolio is scheduled to close on or about May 16, 2022, for estimated net proceeds of approximately $125.0 million. Process to seek regulatory approvals for Revera and Axium transactions is underway in Manitoba and Ontario. If approved, Extendicare...

CALGARY, Alberta, May 12, 2022 (GLOBE NEWSWIRE) — GINSMS Inc. (TSXV: GOK) (the “Corporation”) has announced its financial results for the first quarter ended March 31, 2022. The complete financial results for GINSMS are available at www.sedar.com. Highlights include:Revenue of $725,536 for the three-month period ended March 31, 2022 as compared of $536,186 for the three-month period ended March 31, 2021. Gross Profit of $270,688 for the three-month period ended March 31, 2022 as compared to gross profit of $215,301 for the three-month period ended March 31, 2021. Operating expenses and finance costs of $195,059 for the three-month period ended March 31, 2022 decreased from $209,618 for the three-month period ended March 31, 2021. Net profit of $75,629 for three-month period ended March 31, 2022 as compared to a net profit of...

CALGARY, Alberta, May 12, 2022 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) announces its operating and record financial results for the first quarter ended March 31, 2022. FINANCIAL AND OPERATING HIGHLIGHTS FROM THE FIRST QUARTER OF 2022First quarter 2022 total production increased 12% over the same period in 2021 with crude oil production increasing by 18%; Adjusted funds flow(1) increased to a record $86.6 million, a 436% increase over the same period in 2021 and a 62% increase over the prior quarter; Adjusted funds flow per share(1) increased by 61% over the prior quarter to $0.58/share and $0.53/diluted share; First quarter 2022 free cash flow(1) increased 46% over the prior quarter to $51.6 million; Net debt(1) decreased $31 million or 17% from the balance at the...

Investigational New Drug (IND)-enabling studies continue to generate promising data that support further development of the company’s lead myotonic dystrophy type 1 (DM1) candidate; new preclinical data to be presented at the American Society of Gene and Cell Therapy (ASGCT) 25th Annual Meeting; on track to submit a planned IND application to the U.S. Food and Drug Administration (FDA) in the fourth quarter of calendar year (CY) 2022 On track to nominate a development candidate and initiate scale-up and toxicology activities for a systemically administered, allele-selective candidate for the Huntington’s disease (HD) program in CY2022 Progressed KRAS G12D and G12V oncology programs supported with mechanistic work and in vivo pharmacologyPITTSBURGH and CAMBRIDGE, Mass., May 12, 2022 (GLOBE NEWSWIRE) — NeuBase Therapeutics, Inc....