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Month: May 2022

SEB & Everyday People Financial Partner to Launch Health Spending Account Mastercard® Program Across North America

MISSISSAUGA, Ontario, May 31, 2022 (GLOBE NEWSWIRE) — SEB Administrative Services Inc. (“SEB Admin”), a subsidiary of Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) (OTCQB: SEBFF), an Insurtech provider of cloud based, end-to-end IT and Benefit Processing solutions for the life and group benefits marketplace and government, is pleased to announce that it has signed a letter of intent with Everyday People Financial Inc. (“EP” or “Everyday People”), a financial technology and consumer financing company, to launch a bespoke healthcare spending account program, offering a challenger product to traditional employer health spending accounts. Healthcare spending accounts help business owners save on medical costs by turning an after-tax personal medical expense into a before-tax business expense. This plan is a smart...

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Dividend payment ex-date of AS Merko Ehitus is 3 June 2022

AS Merko Ehitus (trading code MRK1T, ISIN code EE3100098328) will fix the list of shareholders for dividend payment as of the close of the business of the settlement system on 6 June 2022. Proceeding from the above, the ex-date is 3 June 2022. From that date onwards, the person acquiring the shares is not entitled to receive dividends for the financial year 2021. AS Merko Ehitus will pay dividend 1.00 euro per share on 17 June 2022. Urmas SomelarHead of FinanceAS Merko Ehitus+372 650 1250urmas.somelar@merko.ee AS Merko Ehitus (group.merko.ee) group companies develop real estate and construct buildings and infrastructure. We create a better living environment and build the future. We operate in Estonia, Latvia, Lithuania and Norway. As at the end of 2021, the group employed 670 people, and the group’s revenue for 2021 was EUR 339 milli...

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UCLOUDLINK GROUP INC. Announces Unaudited First Quarter 2022 Financial Results

HONG KONG, May 31, 2022 (GLOBE NEWSWIRE) — UCLOUDLINK GROUP INC. (“UCLOUDLINK” or the “Company”) (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, today announced its unaudited financial results for the three months ended March 31, 2022. First Quarter 2022 Financial HighlightsTotal revenues were US$15.6 million, representing a decrease of 11.8% from US$17.7 million in the first quarter of 2021. Gross profit was US$5.8 million, representing an increase of 5.5% from US$5.5 million in the first quarter of 2021. Loss from operations was US$7.6 million, compared to a loss from operations of US$15.3 million in the first quarter of 2021. Net loss was US$7.9 million, compared to a net loss of US$15.4 million in the first quarter of 2021. Adjusted net loss (non-GAAP) was US$4.3 million, compared with...

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PGS ASA: New share capital registered

May 31, 2022 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, JAPAN, HONG KONG, SOUTH AFRICA OR THE UNITED STATES, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN. Reference is made to the stock exchange announcements by PGS ASA (“PGS” or the “Company”) on 4 and 5 May 2022 regarding a successfully placed private placement (the “Private Placement“) of 216,216,216 new shares in the Company (the “New Shares”), raising gross proceeds of approximately NOK 800 million. The Private Placement consists of one tranche of 74,200,000 New Shares (“Tranche 1“) and a second tranche of 142,016,216 New Shares (“Tranche...

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Unaudited financial report for the first quarter of 2022

The main business activity of Trigon Property Development AS is real estate development. As at 31.03.2022, AS Trigon Property Development owned one development project with an area of 13.8 hectares in the City of Pärnu, Estonia. An industrial and logistics park is planned on this area. The Company’s objective is to find companies willing to bring their business activities (industry, logistics) to the development project area of AS Trigon Property Development in Pärnu, which would add value to the land plots owned by the Company. As the main purpose of the company is to sell existing land plots, investment property was recognized as inventories. In the first quarter of 2021, a 3.43-hectare property was sold for 824,040 euros (excluding VAT). In the first quarter of 2022, a 0.53-hectare property was sold for 213,200 euros (excluding VAT). Condensed...

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Burning Rock Reports First Quarter 2022 Financial Results

GUANGZHOU, China, May 31, 2022 (GLOBE NEWSWIRE) — Burning Rock Biotech Limited (NASDAQ: BNR, the “Company” or “Burning Rock”), a company focused on the application of next generation sequencing (NGS) technology in the field of precision oncology, today reported financial results for the three months ended March 31, 2022. Recent Business UpdatesTherapy Selection and Minimal Residual Disease (MRD)Continued growth through (i) market share gain through continued focus on the in-hospital segment and (ii) new product launch. Achieved 42% overall testing volume growth year-on-year during the first quarter of 2022, driven by the 83% testing volume growth of in-hospital segment year-on-year during the same period, while the testing volume of central laboratory segment grew 0.3% year-on-year. New products’ sales contributed 7% of the...

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Galantas Report Financial Results for the Quarter Ended March 31, 2022

TORONTO, May 31, 2022 (GLOBE NEWSWIRE) — Galantas Gold Corporation (the ‘Company’) (TSXV & AIM: Symbol GAL) (OTC: Symbol GALKF) is pleased to announce its unaudited financial results for the Quarter ended March 31, 2022. Financial Highlights Highlights of the first quarter 2022 results, which are expressed in Canadian Dollars, are summarized below:  Quarter EndedMarch 31All figures denominated in Canadian Dollars (CDN$)    2022 2021Revenue $ 0   $ 0  Cost and expenses of operations $ (46,639 ) $ (46,148 )Loss before the undernoted $ (46,639 ) $ (46,148 )Depreciation $ (130,531 ) $ (72,065 )General administrative expenses $ (1,171,170 ) $ (505,097 )Foreign exchange (loss) gain $ (67,472 ) $ (16,653 )Net (Loss) for the quarter $      (1,415,812 ) $     (639,963 )Working Capital Deficit $ (1,850,980 ) $ (8,532,943 )Cash...

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Mkango Releases Financial Statements and Management’s Discussion and Analysis for the Period Ending March 31, 2022

LONDON and VANCOUVER, British Columbia, May 31, 2022 (GLOBE NEWSWIRE) — Mkango Resources Ltd (AIM / TSX-V:MKA) (the “Company” or “Mkango”), is pleased to announce that it has released the Financial Statements and Management’s Discussion and Analysis for the period ending March 31, 2022. The reports will be available under the Company’s profile on SEDAR (www.sedar.com) and on the Company’s website (https://mkango.ca/investors/financials/). For further information on Mkango, please contact:Mkango Resources LimitedWilliam Dawes Alexander LemonChief Executive Officer Presidentwill@mkango.ca alex@mkango.caCanada: +1 403 444 5979  www.mkango.ca  @MkangoResources  BlytheweighFinancial Public RelationsTim BlytheUK: +44 207 138 3204 SP Angel Corporate Finance LLPNominated Adviser and Joint BrokerJeff...

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Proactive news headlines including Infinity Lithium Corporation, OzAurum Resources, Anteris Technologies and Nova Minerals

Sydney, May 31, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Infinity Lithium Corporation Ltd (ASX:INF)’s wholly-owned subsidiary, Extremadura New Energies, has been invited by the Chamber of Commerce of Cáceres, Spain to provide an information session at its local headquarters to discuss the Industrial Lithium Conversion Plant Project. Click here OzAurum Resources Ltd (ASX:OZM) is aiming to raise $2 million in an underwritten share purchase plan (SPP) to follow-up the recent virgin gold Demag Zone discovery at the Mulgabbie North Project. Click here Anteris Technologies Ltd (ASX:AVR, OTC:AMEUF) has completed treatment for the second cohort of an ongoing first-in-human study assessing the efficacy of its’ DurAVR™...

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Azerion publishes Interim Unaudited Q1 2022 Results

Strong growth and delivery while going publicHighlights of Q1 2022 Net Revenue of over EUR 94 million, more than doubling Q1 2021, mainly driven by strong growth in the Platform segment. Adjusted EBITDA of nearly EUR 6 million, up 118% compared to Q1 2021, primarily boosted by the Premium Games segment. Expanded the partnership with Ubisoft, adding 10 exclusive titles, following the successful development, release and distribution of Hungry Shark Arena Completed the integration of Habbo Avatars collection, offering unique playable Avatars in the Habbo metaverse.  Announced the acquisition of digital marketing company Infinia, bolstering our media platform capabilities, sales force and volumes in Spain and Latin America. In May, we won the Digital Media Owners Spring Award as number one media owner, surveyed by the Institute...

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