Day: July 14, 2022

AITX’s Subsidiary Robotic Assistance Devices Receives Expansion Order of Multiple AVA and TOM Units from Leading Global Logistics Company

Written by Customer Service on July 14, 2022. Posted in Public Companies.

Artificial Intelligence Technology Solutions, Inc. Illustration of 4 RAD AVA 3.0 security robots and 1 TOM access control unit in simulated autonomous response mode. RAD has received an order for 4 AVAs and 1 TOM device from a large global logistics company.Detroit, Michigan, July 14, 2022 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (OTCPK:AITX), today announced that its wholly owned subsidiary Robotic Assistance Devices, Inc. (RAD) has received an order for 5 security robots from a top ranked global logistics company. The order is valued in the low six figures, plus recurring revenue after a set period. Although not named due to confidentiality agreements, the Company indicated that the end-user, an existing client, is a global leader in supply chain management & third-party logistics. The order...

Toll Brothers Announces Knightdale Station Model Grand Opening In North Carolina

Written by Customer Service on July 14, 2022. Posted in Public Companies.

New modern luxury community features stunning architectural and interior designToll Brothers Knightdale Station Toll Brothers announced the professionally decorated model home at its Knightdale Station community is now open for tours.KNIGHTDALE, N.C., July 14, 2022 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the grand opening of its model home at Knightdale Station, a single-family home community located at 580 Knightdale Station Run in Knightdale. The public is invited to attend the model home grand opening events on Saturday, July 16 from 10 a.m. to 6 p.m. and Sunday, July 17 from 1 p.m. to 6 p.m. There will be live music, food, and refreshments from 4 p.m. to 6 p.m. on Saturday, July 16. The highly anticipated Wynn Modern Farmhouse model home at Knightdale...

Trisura Group Completes C$150 Million Bought Deal Public Offering

Written by Customer Service on July 14, 2022. Posted in Public Companies.

TORONTO, July 14, 2022 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura”) (TSX: TSU), a leading specialty insurance company, announced today that it has completed its previously announced public offering of 4,512,000 common shares, including 442,000 common shares issued pursuant to the partial exercise of the underwriters’ over-allotment option, at a price of $33.25 per common share, for gross proceeds of approximately $150 million (the “Offering”). The Offering was completed on a bought deal basis by a syndicate of underwriters led by BMO Capital Markets and Cormark Securities Inc., and including CIBC Capital Markets, TD Securities Inc., National Bank Financial Inc., Raymond James Ltd., RBC Capital Markets and Scotia Capital Inc. About Trisura GroupTrisura Group Ltd. is a specialty insurance provider operating in the surety, risk...

ETC Announces Fiscal 2023 First Quarter Results

Written by Customer Service on July 14, 2022. Posted in Earnings Releases And Operating Results.

SOUTHAMPTON, Pa., July 14, 2022 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended May 27, 2022 (the “2023 first quarter”). Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President, stated, “We are pleased with the 32% increase in sales vs. prior year within our Commercial/Industrial Systems business and with the 55% increase in sales of Advanced Disaster Management System products. Though Aircrew Training Solutions sales were down from the prior year, we believe that the sales pipeline remains strong.” Fiscal 2023 First Quarter Results of Operations Net Income (Loss) Attributable to ETC Net loss attributable to ETC was $0.6 million, or ($0.05) diluted loss per share, in the 2023 first fiscal quarter,...

Salona Global Releases First Fiscal Quarter 2022 Financials; Posts 152% Revenue Growth and 202% Gross Profit Growth Since Listing, Lifts Gross Margins to 36%; Appoints Permanent Chief Executive Officer

Written by Customer Service on July 14, 2022. Posted in Earnings Releases And Operating Results.

SAN DIEGO, July 14, 2022 (GLOBE NEWSWIRE) — Salona Global Medical Device Corporation (“Salona Global,” “SGMD,” or the ‎‎“Company”) (TSXV:SGMD) today announced financial results for the first fiscal quarter of 2022, ending May 31, 2022. The Company grew its annual and quarterly revenue and gross profit. The Company also lifted its gross margins for the quarter to 36%. This represents the fifth consecutive quarter of record revenue and gross profits under the leadership team led by Les Cross and Luke Faulstick. The Company also announced that Les Cross will continue as a full-time Executive Chairman turning his focus more to capital markets communication and deal sourcing. As of July 18, 2022, Luke Faulstick will assume the role of Chief Executive Officer with the responsibility of acquisition integration, execution of product development,...

Theratechnologies Reports Second Quarter and First Half Fiscal 2022 Financial Results and Provides Business Update

Written by Customer Service on July 14, 2022. Posted in Earnings Releases And Operating Results.

– Q2 2022 Consolidated Sales Growth of 8.3% to $19.3 million – Year-to-Date Revenue Growth of 13.9% or $37.8 million – Year-to-Date EGRIFTA SV®Revenue Growth of 21.5% – TH1902 Basket Trial Initiated – Binding Commitment for a Non-Dilutive Term Loan up to $100 Million – FY2022 Revenue Guidance $79 – $82 million MONTREAL, July 14, 2022 (GLOBE NEWSWIRE) — Theratechnologies Inc. (Theratechnologies, or the Company) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today reported business highlights and financial results for the second quarter and first half of fiscal year 2022 ended May 31, 2022. All figures are in U.S. dollars unless otherwise stated. “This past quarter, we executed on strategic plans including our decision to focus our sales efforts...

Meritage Reports Acquisition of Six Wendy’s Restaurants Located in Jacksonville, Florida

Written by Customer Service on July 14, 2022. Posted in Mergers And Acquisitions.

GRAND RAPIDS, Mich., July 14, 2022 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise restaurant operator, announced today that it has acquired six Wendy’s restaurants located in the Jacksonville, Florida area. “The acquisition of the six additional Jacksonville area restaurants is consistent with the Company’s 5-year growth plan to expand its operating base to 400 Wendy’s restaurants. Currently operating 54 Wendy’s restaurants in northern Florida, we will immediately integrate the acquired restaurants into our operating and accounting platforms. The newly acquired restaurants will be added to our Wendy’s remodeling schedule, which is designed to modernize the restaurants and enhance the overall guest experience,” stated Chief Executive Officer, Robert Schermer, Jr. The Company funded...

Stran & Company Signs Definitive Agreement to Acquire Trend Brand Solutions

Written by Customer Service on July 14, 2022. Posted in Mergers And Acquisitions.

Proposed acquisition expected to expand Stran’s geographic presence in the South Quincy, MA, July 14, 2022 (GLOBE NEWSWIRE) — Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced the signing of a definitive asset purchase agreement relating to the acquisition of the assets and business of Trend Brand Solutions (“Trend”). The agreement contemplates the retention of all Trend employees and Mr. Michael Krauser, Chief Executive Officer of Trend, will become Stran’s Regional Vice President, leading Stran’s Texas region operations. The acquisition is expected to close in the third quarter of 2022. Trend is a leading global brand solutions company...

Stronger Q2 for Barrick Underpins Delivery of 2022 Production Guidance

Written by Customer Service on July 14, 2022. Posted in Public Companies.

All amounts expressed in US dollars TORONTO, July 14, 2022 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick” or the “Company”) today reported preliminary Q2 sales of 1.04 million ounces of gold and 113 million pounds of copper, as well as preliminary Q2 production of 1.04 million ounces of gold and 120 million pounds of copper. As previously guided, Barrick’s gold production in 2022 is expected to increase through the year, and with the stronger Q2 performance, it remains on track to achieve 2022 gold and copper guidance1. The average market price for gold in Q2 was $1,871 per ounce. The average market price for copper in Q2 was $4.32 per pound, however the closing price at the end of Q2 was $3.83 per pound. The Company’s second quarter realized copper price2 is expected to be 13-15% below the average...

Agios to Webcast Conference Call of Second Quarter 2022 Financial Results on August 4, 2022

Written by Customer Service on July 14, 2022. Posted in Public Companies.

CAMBRIDGE, Mass., July 14, 2022 (GLOBE NEWSWIRE) — Agios Pharmaceuticals, Inc. (NASDAQ: AGIO), a leader in the field of cellular metabolism pioneering therapies for genetically defined diseases, today announced the company will host a conference call and live webcast on Thursday, August 4, 2022, at 8:00 a.m. ET to report its second quarter 2022 financial results and other business highlights. A live webcast can be accessed under “Events & Presentations” in the Investors section of the company’s website at www.agios.com. The webcast will be archived and made available for replay on the company’s website beginning approximately two hours after the event. About AgiosAgios is a biopharmaceutical company that is fueled by connections. The Agios team cultivates strong bonds with patient communities, healthcare...

Day: July 14, 2022

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