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Month: May 2022

Aequus Announces Delay in Filing Annual Financial Statements

VANCOUVER, British Columbia, May 02, 2022 (GLOBE NEWSWIRE) — Aequus Pharmaceuticals Inc. (TSX-V: AQS, OTCQB: AQSZF) (“Aequus” or the “Company”) announces that the filing of its audited annual financial statements for the fiscal year ended December 31, 2021 and its management’s discussion and analysis relating to the Annual Financial Statements (collectively, the “Annual Disclosure”) will be delayed beyond the filing deadline of May 2, 2022. The Company’s late filing of the Annual Disclosure is due to delays in its audit procedure and receiving timely responses to its audit requests from third parties. The Company’s management is diligently working through the various issues in order to expedite the finalization of the Annual Disclosure. The Company fully expects to file the Annual Disclosure on or before Friday, May 6, 2022, and...

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OMNI-LITE INDUSTRIES REPORTS FOURTH QUARTER AND FISCAL 2021 RESULTS PRELIMINARY FIRST QUARTER FISCAL 2022 REVENUE PERFORMANCE APPOINTMENT OF CHIEF FINANCIAL OFFICER SUCCESSOR AND CONFERENCE CALL FOR INVESTORS TO BE HELD ON MAY 3, 2022

Fourth Quarter Fiscal 2021 HighlightsRevenue of US$1.7 million, Up 29% Year–over–Year Closed Sale/Leaseback of its California Facility, Generating Gross Proceeds of US$6.6 million Acquired Design Precision Castings (“DP Cast”) for Stock and Cash Consideration Ended Quarter with Cash Balance of approximately US$2.4 million, and Debt-Free Bookings of US$1.3 million up 39% over Year Ago; Quarter Year End Backlog of US$2.3 millionFiscal Year 2021 HighlightsFiscal 2021 Revenue of US$5.8 million, Down 14% Compared to the Year Ago Period         Implemented and Achieved Structural Cost Reductions of approximately US$400,000 Working Capital Efficiencies Driven By Inventory Reduction of approximately US$500,000Preliminary First Quarter Fiscal Year 2022 Revenue PerformanceUnaudited Revenue of US$2.4 million, a 86% Increase...

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Jade Power Reports 2021 Results

TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV: JPWR.UN) is pleased to report its financial results for the year ended 2021. All amounts are expressed in Canadian Dollars unless otherwise noted. Highlights1Energy generation of 153,044 MWh for the year ended December 31, 2021 compared to 158,947 MWh with the comparable period in 2020. Energy generation of 43,146 MWh for the fourth quarter of 2021 compared to 35,778 MWh for the fourth quarter of 2020. Energy for the fourth of 2021 quarter was higher than the fourth quarter of 2020 due to more favourable wind levels. Revenue of $18.7 million for the year ended December 31, 2021 compared to $18.7 million for the year ended December 31, 2020. Revenue of $4.8 million for the fourth quarter of 2021 compared to $3.9 million for the fourth...

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VSBLTY ANNOUNCES DELAY IN FILING ANNUAL FINANCIAL STATEMENTS

Philadelphia, PA, May 02, 2022 (GLOBE NEWSWIRE) — VSBLTY Groupe Technologies Corp. (the “Company” or “VSBLTY”) (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS), a leading software provider of security and retail analytics technology, announces that its annual financial statements for the year ended December 31, 2021, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the “Annual Financial Filings”), have been delayed beyond May 2, 2022. The Annual Financial Filings were delayed due to a lag in receiving documentation relating to the Company’s international operations and the translation of such documentation. The Company is working on completing the Annual Financial Filings and expects to be able to file them imminently. On Behalf of the Board of VSBLTY Groupe Technologies Corp. “Jay...

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Edge Total Intelligence Inc Reports Results for Fourth Quarter and Full Year 2021

ARLINGTON, Va., May 02, 2022 (GLOBE NEWSWIRE) — Edge Total Intelligence Inc. (TSXV: CTRL/ FSE:Q5i) (“edgeTI”, “we”, “our” or the “Company”), a leader in real-time digital operations solutions, announces operating and consolidated results for the fourth quarter and year ended December 31, 2021. Financial information is expressed in United States (US) dollars unless otherwise indicated. Readers should refer to the Company’s audited annual financial statements and related management discussion and analysis for the year ended December 31, 2021 that are posted on its profile on SEDAR (www.sedar.com). HighlightsSubscription Revenues Grew 59% to reach $2.27 Million Completed Migration to SaaS-like Subscription Model featuring Recurring Revenue Completed Reverse Acquisition and Raise of $3.8 Million net of share issuance costs Release...

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Simply Better Brands Corp. Announces Year End 2021 Financial Results and Outlook for Continued Growth in 2022

Fueling channel, category and geographic growth in plant-based food and beverage, health & beauty, and cannabis VANCOUVER, British Columbia, May 02, 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 year ended December 31, 2021. 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 18, 2021 (the “Closing Date”), the Company completed the acquisition of No B.S. Life, LLC (“No B.S. Skincare”) from DTC Brands LLC (“DTC”)....

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Northview Fund Announces Appointment of Kelly Smith as Trustee

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, May 02, 2022 (GLOBE NEWSWIRE) — Northview Fund (TSX.NHF.UN) (the “Fund“) is pleased to announce that effective May 2, 2022, Kelly Smith has been appointed as an independent trustee of the Fund. Ms. Smith has over 30 years of commercial real estate experience. Most recently, until January 2020, she was Chief Executive Officer of Strathallen Capital Corp., a fully integrated Canadian real estate management platform, focused on retail properties, with over C$1.4 billion in assets under management. Ms. Smith is currently a member of the board of trustees of TSX- listed CT REIT, TSX-V-listed Starlight U.S. Residential Fund, and the board of directors of the general partner of TSX-V-listed Starlight U.S. Multi-Family...

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TWC Enterprises Limited Announces First Quarter 2022 Results and Eligible Cash Dividend

KING CITY, Ontario, May 02, 2022 (GLOBE NEWSWIRE) — Consolidated Financial Highlights (unaudited)(in thousands of dollars except per share amounts) Three months endedMarch 31, 2022 March 31, 2021Net earnings (loss) (1,093) 455Basic and diluted earnings (loss) per share (0.04) 0.02Operating Data  Three months ended  March 31, 2022 March 31, 2021Canadian Full Privilege Golf Members 15,302 14,814Championship rounds – Canada – –18-hole equivalent championship golf courses – Canada 37.5 39.518-hole equivalent managed championship golf courses – Canada 2.0 1.0Championship rounds – U.S. 112,000 93,00018-hole equivalent championship golf courses – U.S. 8.0 8.0The following is an analysis of net earnings (loss):    For the three months ended(thousands of Canadian dollars)   March...

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Denarius Announces Fourth Quarter and Fiscal Year 2021 Results

TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — Denarius Metals Corp. (“Denarius” or “the Company”) (TSXV: DSLV; OTCQB: DNRSF) announced today that it has filed its audited consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the year ended December 31, 2021. 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. As at December 31, 2021, Denarius has a cash position of $14.8 million and no debt and is fully funded to carry out its current exploration programs at its Lomero Project in Spain and its Guia Antigua Project in Colombia. The Company currently has approximately 207.6 million common shares issued and outstanding, of...

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Ormat Technologies Reports First Quarter 2022 Financial Results

Company Delivers Strong First Quarter Results Driven by Growth in Electricity Segment HIGHLIGHTSTOTAL REVENUES FOR THE FIRST QUARTER INCREASED BY 10.4% YEAR OVER YEAR LED BY ELECTRICITY SEGMENT NET INCOME ATTRIBUTABLE TO THE COMPANY’S STOCKHOLDERS GREW 20.8% YEAR OVER YEAR ADJUSTED EBITDA GREW 8.7% YEAR OVER YEAR.RENO, Nev., May 02, 2022 (GLOBE NEWSWIRE) — Ormat Technologies, Inc. (NYSE: ORA), a leading geothermal, energy storage, solar PV and recovered energy power company, today announced financial results for the first quarter ended March 31, 2022. KEY FINANCIAL RESULTS(Dollars in millions, except per share) Q1 2022 Q1 2021 Change (%)GAAP Measures      Revenues      Electricity 162.5   145.0   12.1   %Product 14.6   8.6   69.2   %Energy Storage 6.6   12.7   (48.5 ) %Total Revenues 183.7   166.4   10.4   %       Gross...

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