Day: May 30, 2022

Denarius Announces First Quarter 2022 Results

Denarius Announces First Quarter 2022 Results

TORONTO, May 30, 2022 (GLOBE NEWSWIRE) — Denarius Metals Corp. (“Denarius” or “the Company”) (TSXV: DSLV; OTCQB: DNRSF) announced today that it has filed its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the three months ended March 31, 2022. These documents can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR at www.sedar.com. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. Denarius’ primary focus in the first quarter of 2022 was the continuation of its 23,500 initial drilling program at its flagship Lomero Project in Spain. The Company spent $2.1 million for exploration and capital expenditures on its projects in the first quarter of 2022, of which approximately...

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Flow Capital Announces Q1 2022 Financial Results

Flow Capital Announces Q1 2022 Financial Results

Recurring Revenues from Royalties and Interest of over $1.7M – YoY growth of 9.6% TORONTO, May 30, 2022 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW) (“Flow Capital” and “Company”), a leading provider of flexible growth capital and alternative debt solutions, announces its unaudited financial and operating results for the quarter ending March 31, 2022 (“Q1 2022”). Financial references are in Canadian dollars unless otherwise specified. Q1 2022 Highlights Recorded Quarterly Recurring Revenue of $1.77 million, the highest recurring revenue from investments since Flow Capital transitioned its focus and strategy to venture-debt. Book Value increased to ~$0.82 per share; up 10% from December 2021, and up 38% over Q1 last year. Earnings per Share increased by 83% to $0.075 per share up from $0.041 in the prior year period. Net Income...

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Rogers, Shaw and the Commissioner of Competition Reach Agreement to Resolve the Interim Injunction Application

Rogers, Shaw and the Commissioner of Competition Reach Agreement to Resolve the Interim Injunction Application

Process for full divestiture of Shaw’s wireless business is also advancing TORONTO and CALGARY, Alberta, May 30, 2022 (GLOBE NEWSWIRE) — The Commissioner of Competition’s application to seek an interim injunction has been resolved on the basis that Rogers Communications Inc. (“Rogers”) and Shaw Communications Inc. (“Shaw”) have agreed to not proceed with closing their proposed merger (the “Transaction”) until either a negotiated settlement is agreed with the Commissioner or the Competition Tribunal (the “Tribunal”) has ruled on the matter. As a result, there is no need for the Tribunal to hear the Commissioner’s application for an interim injunction. As previously announced, Rogers and Shaw are engaged in a process to fully divest Shaw’s wireless business as part of their proposed merger. Today’s agreement with the Commissioner...

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Proactive news headlines including Zinc8 Energy Solutions, Ultra Lithium, Vejii Holdings, Playgon Games and Plurilock Security

Proactive news headlines including Zinc8 Energy Solutions, Ultra Lithium, Vejii Holdings, Playgon Games and Plurilock Security

New York, May 30, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Zinc8 Energy Solutions ends 1Q with working capital balance of $7.5 million Canaccord estimates up to US$46B in investment needed to fund cobalt production to meet anticipated demand Lingo Media reports improved 1Q results as company continues to execute on business plan Star Royalties closes strategic non-brokered private placement of 15,384,620 common shares in its subsidiary, Green Star Royalties Arrow Exploration says RCE-2 well came into production on May 23, 2022; reports rise in 1Q revenue Plurilock Security announces skyrocketing 1Q revenue as acquisitions continue to boost operating margins Vanstar Mining Resources reports encouraging...

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Simply Better Brands Corp. Announces First Quarter 2022 Financial Results and Outlook for Continued Growth in 2022

Simply Better Brands Corp. Announces First Quarter 2022 Financial Results and Outlook for Continued Growth in 2022

Fueling channel, category and geographic growth in plant-based food and beverage, health & beauty VANCOUVER, British Columbia, May 30, 2022 (GLOBE NEWSWIRE) — Simply Better Brands Corp. (“SBBC” or the “Company”) (TSX Venture: SBBC) (OTCQB: PKANF) is pleased to announce its financial results for the quarter ended March 31, 2022. All amounts are expressed in United States dollars unless otherwise noted. Certain metrics, including those expressed on an adjusted basis, are non-International Financial Reporting Standards (“IFRS”) measures, see “Non-IFRS Measures” below. CORORATE DEVELOPMENTS On February 7, 2022 and February 10, 2022, the Company announced a non-brokered private placement offering of up to 580,046 units of the Company (the “Units”) at a price of CA$4.31...

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Blueberries Medical Reports 2022 Q1 Financial Results and Provides Corporate and Operations Update

Blueberries Medical Reports 2022 Q1 Financial Results and Provides Corporate and Operations Update

TORONTO, May 30, 2022 (GLOBE NEWSWIRE) — Blueberries Medical Corp. (CSE: BBM) (OTC: BBRRF) (FRA: 1OA), the Canadian parent of Blueberries S.A.S. (“BBSAS”), the premier Latin American licensed cultivator and producer of medicinal cannabis and medicinal-grade cannabis extracts, (together the “Company” or “Blueberries“), is pleased to report its financial results for the quarter ended on March 31, 2022. Today, Blueberries has filed its unaudited condensed interim consolidated financial statements and related management’s discussion and analysis, both of which are available on Blueberries’ profile at www.sedar.com. All amounts are expressed in Canadian dollars, unless otherwise noted. Blueberries Medical Corp. continues deploying the strategy of reducing administrative cost, capital and operational expenditures, as...

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Cerro Grande Mining Corporation Announces its Second Fiscal Quarter ended March 31, 2022 results compared to the same period in 2021

Cerro Grande Mining Corporation Announces its Second Fiscal Quarter ended March 31, 2022 results compared to the same period in 2021

TORONTO, May 30, 2022 (GLOBE NEWSWIRE) — Cerro Grande Mining Corporation (the “Company” or “CEG”) (CSE:CEG) reported its unaudited results for the second fiscal quarter ended March 31, 2022 compared to the same quarter in 2021. These financial statements and MD&A have been filed on SEDAR and the Company refers the reader to those materials for additional information. Cerro Grande Mining Corporation is an exploration and development company with properties and activities currently focused in Chile. Cautionary Statement on Forward-looking Information: This news release contains “forward-looking information”, which may include, but is not limited to, statements with respect to the future financial or operating performance of CEG. Often, but not always, forward-looking statements can be identified by the use of words...

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Yooma Wellness Reports Results for First Quarter of 2022

Yooma Wellness Reports Results for First Quarter of 2022

Toronto, Ontario, Canada, May 30, 2022 (GLOBE NEWSWIRE) — Yooma Wellness Inc. (“Yooma” or the “Company“) (CSE: YOOM, AQSE:YOOM), a Toronto-based vertically-integrated global wellness platform that develops and markets a portfolio of wellness brands, today released its interim financial statements (the “Financial Statements“) for the three-month period ended March 31, 2022 (the “Reporting Period“).   A summary of Yooma’s financial highlights during the Reporting Period are set out below and a summary of recent operational highlights are included in the Company’s press release dated May 17, 2022. More detailed information is contained in the Financial Statements and related Management Discussion and Analysis, which are available on Yooma’s SEDAR page at www.sedar.com. Lorne Abony,...

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CloudMD Reports First Quarter 2022 Financial Performance with Clear Path to Profitability and Strong Roadmap for Growth

CloudMD Reports First Quarter 2022 Financial Performance with Clear Path to Profitability and Strong Roadmap for Growth

Q1 2022 revenue of $41.4 million, compared to $8.8 million in Q1 2021, reflecting a year over year increase of 372% Enterprise Health Solutions delivered revenue of $26.0 million; reflecting the first quarter of revenue recognition from MindBeacon Q1 2022 gross margin of 32.5%; improvement of 250 basis points compared to the previous quarter VANCOUVER, British Columbia, May 30, 2022 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a healthcare technology company revolutionizing the delivery of care, announced its financial results for the first quarter ended March 31, 2022. All financial information is presented in Canadian dollars unless otherwise indicated. “In Q1 we delivered strong performance aligned with a company commitment to generating synergies,...

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Dynamic Technologies Group Announces Extension to Close Offering and Closing of Second Tranche of the Offering for Gross Proceeds of $375,000

Dynamic Technologies Group Announces Extension to Close Offering and Closing of Second Tranche of the Offering for Gross Proceeds of $375,000

TORONTO, May 30, 2022 (GLOBE NEWSWIRE) — Dynamic Technologies Group Inc. (TSXV: DTG, OTC:ERILF) ( “Dynamic” or the “Company”), with reference to its previous news release dated April 12, 2022, is pleased to announce that today it closed the second tranche of the private placement by placing an aggregate of 1,200,000 units (“Units”) at a price of CDN $0.3125 per Unit for gross proceeds to the Company of CDN $375,000 at an exchange rate of CDN $1.25 for each USD $1.00 (the “Offering”). The Company intends to use the proceeds of the Offering for working capital. No finders fees are payable in connection with the Offering. Each Unit consists of one (1) common share in the capital of the Company (each a “Common Share”) and one (1) common share purchase warrant (each a “Warrant”). Each Warrant will entitle the holder to one (1) additional...

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