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Month: May 2022

White Gold Corp. Announces Fully Funded $6 Million 2022 Exploration Program on its District Scale Land Package, Yukon, Canada

Figure 1 2022 Exploration Program Work AreasFigure 2 2022 Exploration on the Betty PropertyFigure 3 2022 Exploration on the White Gold PropertyTORONTO, May 18, 2022 (GLOBE NEWSWIRE) — White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the “Company”) is pleased to announce plans for the 2022 exploration program on its district scale 350,000 hectare land package, representing over 40% of the emerging White Gold District in Yukon, Canada. The 2022 program is designed to further evaluate targets on the Betty and White Gold properties to follow up on 2021 exploration which continued to produce very encouraging results as well as to perform maiden drill testing on several other targets. A significant early-stage regional exploration program is also planned to identify and advance other targets on the Company’s...

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AITX’s Subsidiary Robotic Assistance Devices Signs First UK Authorized Dealer

Artificial Intelligence Technology Solutions, Inc. Illustration of all RAD security robotic devices along with flags from the US, UK, EU, and Canada. RAD now has distribution across North America and Europe.RAD Picks Up ROSA Security Robot Order, Starts Building Sales Funnel Detroit, Michigan, May 18, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has signed its first authorized dealer in the United Kingdom and has received an order for a ROSA security robot. Additional details, including the name of the new dealer will be released in the future. “Market similarities between the UK and North America make our solutions a natural fit in that market,” said Mark Folmer, President of RAD. “I’ve had strong...

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The App-ocalypse: over half of marketers have lost revenue due to new ad regulations

Continuing changes to privacy and ad regulations force marketers to rethink user acquisition strategies CAMBRIDGE, United Kingdom, May 18, 2022 (GLOBE NEWSWIRE) — ‘The App-ocalypse’, the new report from Bango reveals that marketers are experiencing a negative impact to their bottom line due to new ad regulations and privacy changes. The research revealed that 59% of marketers have lost revenue since Apple’s IDFA changes, the phasing out of third party cookies by Google, new privacy updates, and changing ad regulations. The report argues that the four horsemen of the App-ocalypse – the phasing out of Cookies, iOS IDFA changes, mounting government regulation, and privacy-conscious consumers – are changing the face of app marketing forever. The research, which surveyed over 300 app developers and app marketers, found that 64% of marketers...

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Patagonia Gold Exploration Update

VANCOUVER, British Columbia, May 18, 2022 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) completes the first phase of core drilling on its Tornado and Huracán property in the Deseado Massif in the Santa Cruz Province of southern Argentina. Gold mineralization discovered in five core drill holes, with up to 0.59 g/t Au (see Table 1 below) over 8.8 drill meters in core hole TOR-003D, were reported from silicified and oxidized, hydrothermal breccia in the Camino structure. All drilling was conducted on the eastern Huracán, concession block which abuts the Cerro Negro mine property to the south. HighlightsLarge, 7,895 hectare, and prospective land package in two concession blocks, Tornado and Huracán, situated between two producing mines: Cerro Negro (Newmont) and Huevos Verdes (Hochschild and...

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Purple Biotech Announces the Initiation of Phase 2 Study for CM24 in 2L PDAC Patients

Decision based on positive interim Phase 1b data in pancreatic ductal adenocarcinoma (PDAC) REHOVOT, Israel, May 18, 2022 (GLOBE NEWSWIRE) — Purple Biotech Ltd. (“Purple Biotech”, or the “Company”) (NASDAQ/TASE: PPBT), a clinical-stage company focused on developing first-in-class, effective and durable therapies by harnessing the power of the tumor microenvironment to overcome tumor immune evasion and drug resistance, today announced the initiation of the Phase 2 portion of its ongoing study of CM24, a first-in-class monoclonal antibody with the potential to treat multiple cancers. The Phase 2 is an open-label, multicenter study in subjects with metastatic pancreatic cancer (PDAC) to evaluate the safety and tolerability of CM24 in combination with the PD-1 inhibitor Opdivo® (nivolumab) and chemotherapy....

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Progressive Announces Quarterly Common Share Dividend, Share Repurchase Authorization, and April 2022 Results

MAYFIELD VILLAGE, OHIO, May 18, 2022 (GLOBE NEWSWIRE) — On May 13, 2022, the Board of Directors of The Progressive Corporation (NYSE:PGR) declared a $0.10 per common share dividend, payable July 15, 2022, to shareholders of record at the close of business on July 7, 2022 (ex-dividend date of July 6, 2022). The Board also renewed the Company’s authorization to repurchase up to 25 million of its common shares. This authorization, which does not have an expiration date, replaced the prior authorization, which was terminated. The Company today reported the following results for April 2022:  April(millions, except per share amounts and ratios; unaudited)   2022       2021   Change         Net premiums written $ 4,820.7     $ 4,450.6   8 %Net premiums earned $ 4,614.1     $ 4,133.6   12 %Net income (loss) $ (198.3 )   $ 316.2   (163 )%Per...

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ButterflyMX Acquires CloudKeyz, Uniting Complementary Property Access Technologies

Real estate technology leader enhances its property access platform by integrating four new technologies to improve building operations, NOI, and resident satisfactionButterflyMX Suite of Products ButterflyMX’s award-winning access control platform now includes four powerful new productsNEW YORK, May 18, 2022 (GLOBE NEWSWIRE) — ButterflyMX, the leading provider of access control technology for multifamily, commercial, gated communities, and student housing properties, today announced it has acquired cloud-based access control company, CloudKeyz. The acquisition includes CloudKeyz’s assets, team, and customers, which will now operate under the ButterflyMX brand. This deal further expands ButterflyMX’s footprint and adds four powerful new products to its award-winning access control platform, which is currently relied upon...

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Franchise Group Announces Authorization of Common Stock Repurchase Program

DELAWARE, Ohio, May 18, 2022 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group” or the “Company”) today announced that that its Board of Directors has approved a stock repurchase program under which the Company may repurchase up to $500 million of its outstanding shares of common stock over the next three years. “Franchise Group’s strong financial results and growing cash generation have enabled us to routinely invest internally and externally in the business, while also paying healthy cash dividends to our shareholders,” said Brian Kahn, President and CEO of Franchise Group. “As we have grown and our financial flexibility has expanded, we are excited to be able to implement another alternative for enhancing long term shareholder value through opportunistic repurchases of our common stock, while remaining...

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Sportradar Reports Strong Growth In First Quarter 2022

Overall revenue increased 31%; U.S. revenue increased 124% year over yearCompany reiterated annual outlook for fiscal 2022 projecting strong annual revenue growth of 18% to 25% ST. GALLEN, Switzerland, May 18, 2022 (GLOBE NEWSWIRE) — Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”), the leading global technology company enabling next generation engagement in sports, and the number one provider of business-to-business solutions to the global sports betting industry, today announced financial results for its first quarter ended March 31, 2022. First Quarter 2022 HighlightsRevenue in the first quarter of 2022 increased 31% to €167.9 million ($186.4 million)1 compared with the first quarter of 2021, driven by strong growth across all business segments. In particular, the U.S. segment revenue grew by 124% to €25.7...

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GH Research Reports First Quarter 2022 Financial Results and Provides Business Updates

DUBLIN, Ireland, May 18, 2022 (GLOBE NEWSWIRE) — GH Research PLC (Nasdaq: GHRS), a clinical-stage biopharmaceutical company dedicated to transforming the treatment of psychiatric and neurological disorders, today reported financial results for the first quarter ended March 31, 2022 and gave updates on its business. First Quarter 2022 Financial Highlights Cash position Cash was $270.8 million as of March 31, 2022, compared to $276.8 million as of December 31, 2021. We believe that our existing cash will be sufficient for us to fund our operating expenses and capital expenditure requirements into 2025. Research and development expenses R&D expenses were $4.7 million for the quarter ended March 31, 2022, compared to $692 thousand for the same quarter in 2021. The increase was primarily due to increased activities relating to...

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