Month: June 2022

U.S. FDA approves Foundation Medicine’s FoundationOne®CDx as a companion diagnostic for Roche’s Rozlytrek® (entrectinib)

Written by Customer Service on June 9, 2022. Posted in Public Companies.

FoundationOne CDx can now be used to identify patients with ROS1 fusion-positive non-small cell lung cancer or patients with NTRK fusion-positive solid tumours for whom treatment with Rozlytrek may be appropriate This approval marks the first and only companion diagnostic indication for Rozlytrek, and another important milestone in tumour-agnostic approaches for people living with rare cancers Roche is a leader in driving personalised healthcare around the world through validated diagnostic tools, genomic insights and a continued focus on drug developmentBasel, 9 June 2022 – Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced that the United States Food and Drug Administration (U.S. FDA) has approved Foundation Medicine’s FoundationOne®CDx as a companion diagnostic (CDx) for Roche’s Rozlytrek® (entrectinib). FoundationOne CDx...

SAI.TECH CEO Arthur Lee Selected into the Forbes 30 Under 30 Asia of 2022

Written by Customer Service on June 9, 2022. Posted in Public Companies.

The SAI.TECH founder celebrates his second consecutive year to be selected, after having made it onto Forbes 30 under 30 China last year SINGAPORE, June 09, 2022 (GLOBE NEWSWIRE) — Forbes magazine officially announced the Forbes 30 Under 30 Asia Class 2022 recently – For his contributions to innovative Bitcoin mining and energy-saving solutions, Arthur Lee, the 28-year-old founder and CEO of SAI.TECH has made this year’s Forbes 30 Under 30 Asia honorees under the Industry, Manufacturing, and Energy section. Arthur was previously selected to the Forbes 30 under 30 China list in 2021, making this his second consecutive year to be mentioned on the list. Bitcoin mining has always been controversial for the high energy consumption involved in its mining process. According to the data from CCAF (Cambridge Centre for Alternative...

Active Health Foods, Inc. Purchases Bioidentical Hormones Inc. and Australian Menopause Centre and Launches $20M Regulation A Offering

Written by Customer Service on June 8, 2022. Posted in Mergers And Acquisitions.

Los Angeles, CA, June 08, 2022 (GLOBE NEWSWIRE) — ACTIVE HEALTH FOODS, INC. (OTC: “AHFD”) announces that the Company has signed and closed a definitive Share Purchase Agreement to purchase 100% of the shares of Bioidentical Hormones Inc. (BIO) www.bio-hormones.com, a healthcare holding company, and its principal subsidiary, Australian Menopause Centre (AMC) www.menopausecentre.com.au. This will expand the Company’s Anti-Aging business on a global scale and is complimentary to our skin care subsidiary. BIO is in the Anti-Aging Medicine industry treating qualified Menopausal women and Andropausal men with Bioidentical Hormone Replacement Therapy (BHRT) and Body-identical Hormone Replacement Therapy (MHT). AMC has been an operating business for 20 years in New South Wales, Australia. Founded in 2003 by Dr. Gary Aaron, AMC has treated...

Brown & Brown, Inc. announces the acquisition of Profits Creation Corp. by Brown & Brown Dealer Services

Written by Customer Service on June 8, 2022. Posted in Mergers And Acquisitions.

DAYTONA BEACH, Fla., June 08, 2022 (GLOBE NEWSWIRE) — J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Gerry White, owner of Profits Creation Corp. (“Profits Creation”), today announced that Brown & Brown Dealer Services (“BBDS”) has acquired substantially all of the assets of Profits Creation. Profits Creation provides F&I products and sales support to automotive dealers across the southeast. Following the transaction, Gerry and the Profits Creation team will become part of BBDS, operating under the leadership of Mike Neal. Mike stated, “Gerry and his team are great additions to our BBDS operations; adding deep industry knowledge and experience improves our capabilities to deliver solutions that can enhance dealer results. We look forward to continued growth and success in the Southeast...

D2L Inc. Announces First Quarter Fiscal 2023 Financial Results & Updated Outlook

Written by Customer Service on June 8, 2022. Posted in Earnings Releases And Operating Results.

Total revenue grows 21% for Q1 to US$41.9 million Annual Recurring Revenue increases 17%, reaching US$159.3 million at quarter end Gross profit increases 26% to $26.4 millionTORONTO, June 08, 2022 (GLOBE NEWSWIRE) — D2L Inc. (TSX: DTOL) (“D2L” or the “Company”), a global learning technology company, today announced financial results for its fiscal 2023 first quarter ended April 30, 2022. All amounts are in U.S. dollars and all figures are prepared in accordance with International Financial Reporting Standards (IFRS) unless otherwise indicated. “We continue to see a healthy demand environment as more schools, universities and businesses invest in online learning and digitizing the classroom,” said John Baker, President and CEO of D2L. “Against this backdrop, it was a solid start to fiscal 2023, highlighted by 21% revenue growth...

PDC Energy Announces Approval of Kenosha Oil and Gas Development Plan

Written by Customer Service on June 8, 2022. Posted in Public Companies.

DENVER, June 08, 2022 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq: PDCE) announced today that the Colorado Oil and Gas Conservation Commission (“COGCC”) approved the Company’s Kenosha Oil & Gas Development Plan (“OGDP”) permit application. The Kenosha OGDP, which encompasses 69 wells on three pads in rural Weld County, Colorado, marks an important next step as PDC further increases its permitted inventory by another rig year and solidifies drilling and completion activity well into 2024. The Company will soon have over 550 permits and drilled and uncompleted wells (“DUCs”). David Lillo, Senior Vice President of Operations, commented, “PDC has demonstrated its leadership with our stakeholders in the community and regulatory agencies with the Kenosha OGDP approval. Our team has done a tremendous job...

Altitude Acquisition Corp. Announces Non-Redemption Agreements

Written by Customer Service on June 8, 2022. Posted in Public Companies.

$12.5 million in non-redemption agreements committed from existing Altitude investors ATLANTA, June 08, 2022 (GLOBE NEWSWIRE) — Altitude Acquisition Corp. (“ALTUU”)(Nasdaq: ALTUU, ALTU, ALTUW), announced today that it entered into non-redemption agreements with certain shareholders who support the proposal to extend the time ALTUU has to complete its initial business combination from June 11, 2022 to October 11, 2022 (“Extension”). Shareholders holding a total of 1,250,000 shares of Class A common stock, representing $12,500,000 of ALTUU’s trust account, agreed not to redeem their shares in connection with the Extension and to vote in favor of the Extension and ALTUU’s initial business combination, in exchange for a cash payment of $0.033 per share per month for the four-month Extension. The cash payment will be made by ALTUU’s...

Oil-Dri Increases Dividends for 19th Consecutive Year

Written by Customer Service on June 8, 2022. Posted in Dividend Reports And Estimates.

CHICAGO, June 08, 2022 (GLOBE NEWSWIRE) — The Board of Directors of Oil-Dri Corporation of America (NYSE: ODC) today declared quarterly cash dividends of $0.28 per share of the Company’s Common Stock and $0.21 per share of the Company’s Class B Stock, an approximate 4% increase for both classes of stock. The dividends declared will be payable on August 26, 2022 to stockholders of record at the close of business on August 12, 2022. The Company has paid cash dividends continuously since 1974. This declaration marks the nineteenth consecutive year Oil-Dri has increased dividends. Based on the increased declared dividend and today’s closing price of $25.51, the dividend yield on Common Stock is 4.3%. The Company expects to release earnings for its fourth quarter of fiscal 2022 after the close of the U.S. stock market on Thursday, October...

Canoe EIT Income Fund Announces June 2022 Distribution

Written by Customer Service on June 8, 2022. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, June 08, 2022 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the June 2022 distribution of $0.10 per unit. The distribution will be paid on July 15, 2022 to unitholders of record on June 22, 2022. The ex-distribution date for this distribution is June 21, 2022. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada’s fastest growing independent...

Amcomri Entertainment Acquires Assets of Flame Media for C$3.0M

Written by Customer Service on June 8, 2022. Posted in Mergers And Acquisitions.

Adding more than 500 TV titles and 2,200 hours of programming VANCOUVER, British Columbia, June 08, 2022 (GLOBE NEWSWIRE) — Amcomri Entertainment Inc. (“Amcomri” or the “Company”) (NEO: AMEN) (Frankfurt: 25YO) (OTC: AMNNF) announced today that the Company, through its wholly-owned subsidiaries, Amcomri Productions Limited and Abacus Media Rights Limited, has acquired the library assets and associated rights of Flame Media, a global distributor and owner of factual and documentary TV content, for a total upfront cash consideration of £1.6 million and up to £100,000 of deferred consideration (approximately C$3.0 million). Flame Media, with offices in the United Kingdom and Australia, has approximately 540 TV titles and 2,250 hours of programming in its content library. Key titles include “Outback Truckers” and “Outback Opal Hunters”...

Month: June 2022

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