Day: May 30, 2022

Highlights:In Q1 2022, the Company generated gross revenue of $3.9 million as a result of the sale of 1,179,735 grams of dried cannabis flower, an increase of 75% compared to Q1, 2021 Net loss decreased by $2.2 million in Q1, 2022 or 26% to a loss of $6.1 million compared to Q1, 2021 SG&A expenses in Q1 2022 were $2.9 million, or 29% lower than Q1, 2021Key Subsequent Events:During Q2, the Company paid $1.6 million from the Holigen sale towards the repayment of the ATB Term Facility upon closing of the transaction.TORONTO, May 30, 2022 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) herein announces its financial and operational results for the first quarter results for the period ended March 31, 2022.   All financial information in this news release is reported in thousands...

SHENZHEN, China, May 30, 2022 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online and offline consumption platform and a technology-driven service provider in China, today announced its unaudited financial results for the quarter ended March 31, 2022. First Quarter 2022 Operational Highlights:Total number of registered users reached 171 million as of March 31, 2022, representing an increase of 29.4% from 132 million as of March 31, 2021; and users with credit line reached 37.8 million as of March 31, 2022, up by 24.8% from 30.3 million as of March 31, 2021. As of March 31, 2021, we cumulatively originated RMB702 billion in loans, an increase of 40.7% from RMB499 billion a year ago. User base Number of active users1 who used our loan products in the first quarter of 2022 was...

QUÉBEC CITY, May 30, 2022 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex“, “the Group” or “the Company“) (TSXV: RBX) is pleased to publish their financial results for the first quarter ending March 31, 2022. All amounts are in Canadian dollars (CAD). Quarterly Corporate Summary Operations: The number of ounces produced was 12,089 ounces, a 14% increase compared to the same quarter last year. The operational improvements completed by our teams have allowed us to continue to optimize the Nampala plant’s processing capacity. The replacement of the cyclone pumps, completed last December, met expectations with a performance superior throughput. A water drilling program was started in early 2022 to support the increase of the plant’s capacity. In line with the new mine plan, the operational stripping...

CALGARY, Alberta, May 30, 2022 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis (“MD&A”), for the three month period ended March 31, 2022. First Quarter 2022This news release summarizes information contained in the unaudited interim financial statements and MD&A for the three months ended March 31, 2022 and should not be considered a substitute for reading these full disclosure documents which are available on SEDAR at www.sedar.com. The following summarizes certain selected financial data for the three months ended March 31, 2022: (all amounts are presented in Canadian dollars, unless otherwise indicated)  Three months endedMarch 31,  2022 2021     Natural...

CALGARY, Alberta, May 30, 2022 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.DB, SUGR.WR, SUGR.WS, SUGR.WT) (OTCQB: SBUDF) (“Sugarbud” or the “Company“), a leading Canadian Craft Cannabis producer and distributor, is pleased to announce the filing of its unaudited financial statements (“Financial Statements”) for the quarter-ended March 31st, 2022 and related management’s discussion and analysis (“MD&A”). Sugarbud’s Financial Statements and MD&A are available on SEDAR at www.sedar.com and on Sugarbud’s website. Q1 2022 HighlightsStrong Year Over Year Revenue Growth | Sugarbud continues to see strong consumer demand for the Company’s products with strong year over year growth in Q1 2022. Gross revenue for the quarter was $930,585 compared...

Gross revenue* of $17.4 million, up 28% sequentially and 37% year over yearTotal revenue of $15.8 million in Q1, 2022 represents a 17% sequential increase over Q4 2021 Gross Profit Before Fair Value Changes improved $5.5 million sequentially Adjusted EBITDA improved $1.0 million from Q4 2021, reflecting higher gross profit as Company realizes benefits from strategic transformation initiatives Upsized credit facility with LiUNA Pension Fund provides increased liquidity Management to host conference call on May 31, 2022, at 10 a.m. Eastern TimeTORONTO, May 30, 2022 (GLOBE NEWSWIRE) — Entourage Health Corp. (TSX-V:ENTG) (OTCQX:ETRGF) (FSE:4WE) (“Entourage” or the “Company”), a Canadian producer and distributor of award-winning cannabis products, announced today its financial results for the three months ended March 31, 2022....

VANCOUVER, British Columbia, May 30, 2022 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (Netcoins.ca) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for Canadians to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report Q1 2022 financial results. All figures are in Canadian Dollars (CAD) unless otherwise stated. Q1 2022 Highlights:Gross operating revenue of $2.5M, with $1.97M for Netcoins (down 41% YoY) and $0.53M for Blockchain Intelligence Group (up 76% YoY) Netcoins Q1 revenue of $1.97M is down 29% Quarter-over-Quarter (QoQ), versus...

TORONTO, May 30, 2022 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV: JPWR.UN) is pleased to report its financial results for the first quarter of 2022. All amounts are expressed in Canadian Dollars unless otherwise noted. Highlights1Record energy generation of 55,070 MWh for the quarter ended March 31, 2022, compared to 43,821 MWh with the comparable period in 2021. Energy generation for the quarter was higher than the prior year’s comparable period, primarily due more favorable wind conditions in the current quarter. Record revenue of $6.7 million for the quarter ended March 31, 2022, compared to $5.0 million for the quarter ended March 31, 2021. The increase in revenue was primarily a result of more wind energy generation. Net income of $2.2 million, or $0.10 per trust...

Q1 2022 HighlightsRevenue increased 182% over Q1 2021 Revenue from US Operations was 96% of total revenue for Q1 2022 as compared to 87% for Q1 2021 Gross profit increased 93% over Q1 2021TORONTO and TAMPA, Fla., May 30, 2022 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, today announced its financial results for the three months ended March 31, 2022. The Company’s Unaudited Condensed Interim Consolidated Financial Statements for Q1 2022 and the related Management’s Discussion and Analysis (“MD&A”) are available at sedar.com and on the Company’s website at voxtur.com. Voxtur’s synergistic and strategic...

TORONTO, May 30, 2022 (GLOBE NEWSWIRE) — Theralase® Technologies Inc. (“Theralase” or the “Company”) (TSXV: TLT) (OTCQB: TLTFF), a clinical stage pharmaceutical company dedicated to the research and development of light activated PhotoDynamic Compounds (“PDC”) and their associated drug formulations intended to safely and effectively destroy various cancers has released the Company’s unaudited 1Q2022 condensed interim consolidated Financial Statements (“Financial Statements”). Financial Highlights: For the three-month period ended March 31st:Audited Consolidated Statements of OperationsIn Canadian Dollars 2022   2021   % ChangeRevenue      Canada 179,145   104,406   72%  United States 32,517   20,377   60%  Total Revenue 211,662   124,783   70%         Cost of Sales 120,430   74,463   62%  Gross Margin 91,232   50,320   81%  Gross...