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Month: July 2022

Solid mobile growth

In the second quarter, we deliver performance in line with our expectations with a 2% growth in service revenues and stable EBITDA. The headwind from copper decommissioning in Norway, high energy prices globally and expenses related to the ongoing strategic projects are compensated by positive items this quarter. “Halfway into 2022, we see businesses and consumers increasingly wanting to protect their digital assets, driving demand for our security services in the Nordic region. I am pleased to see that Telenor continues to be an attractive partner in our customers’ digitalisation journey”, says Sigve Brekke, President and CEO of Telenor Group. The quarter demonstrated solid mobile performance. In the Nordics, this is driven by required price adjustments to compensate for the inflationary environment, and continued demand for services...

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Update: Friendable’s 360 Music Artist Platform Generates Increases in Revenue, Website Traffic and General Artist Interest from January 2022 to Date, Mainly From Its FeaturedX Branded Service

The Company’s ongoing actions have built a strong brand reputation and alongside its upgraded features, these integrated offerings have resulted in a surge of new artist interest and activity, all needing continued attention to monetize and convert FeaturedX to other 360 service offerings The Company is clarifying its July 13, 2022, press release to clarify that the revenue reported is the value of total orders and not the total collected amount. CAMPBELL, CA, July 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Friendable Inc. (OTC: FDBL) (the “Company”), a mobile technology and marketing company, today provides an update on the first six-months following its acquisition of Artist Republik and FeaturedX brands/offerings on January 4, 2022. Following the acquisition, management successfully completed a phase II upgrade of...

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Intrado Appoints Nimesh Davé as President of Notified

ISLANDIA, N.Y., July 18, 2022 (GLOBE NEWSWIRE) — Intrado Corporation (“Intrado” or the “Company”), a global leader in technology-enabled services, today announced that Nimesh Davé is joining its executive management team as president of the Company’s Notified business segment. Mr. Davé has a successful history of leading technology and cloud-based businesses, most recently as President, Global Cloud, a multi-billion dollar worldwide, virtual business division within Ingram Micro Corporation, a global leader in technology and supply chain services. Prior to that, Mr. Davé spent two decades as a leader within Tech Data Corporation, working in Barcelona, Paris, Munich, Toronto, Tampa, and Sao Paolo. During this time, he drove improved operations, established a new line of business, led major ERP implementations, and redesigned the...

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FTI Consulting Appoints Monish Paul as Senior Managing Director to Lead the Economic & Financial Consulting Practice in Western Australia

PERTH, Australia, July 18, 2022 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced continued investment in its Economic Consulting segment in Australia with the appointment of Monish Paul as a Senior Managing Director. Mr. Paul, who is based in Perth, has more than 25 years of experience advising clients in business and regulatory economics, transaction advisory and business transformation. Over his career, he has held senior positions in global management consulting firms including IBM and Deloitte, with a focus on government and public policy, infrastructure, energy and financial services. Robert Southern, a Senior Managing Director and Head of Australian Economic & Financial Consulting at FTI Consulting, said, “Monish’s extensive experience across a number of consulting and industry roles will further strengthen...

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ASL Group selects Lilium to provide sustainable air mobility to its customers

ASL Group selects Lilium to provide sustainable air mobility to its customers ASL Group selects Lilium to provide sustainable air mobility to its customersFARNBOROUGH, United Kingdom, July 18, 2022 (GLOBE NEWSWIRE) — ASL Group has signed an agreement with Lilium N.V. (NASDAQ: LILM) (“Lilium”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, to provide sustainable air mobility to its customers in Benelux. ASL Group intends to purchase an initial 6 Lilium Jets and will cooperate with Lilium to develop a network of landing sites in the Benelux. ASL Group is a leading business jet operator in the Benelux, and the owner of the first electric aircraft in Belgium.  ASL Group launched its RISE (“Responsible Initiative for Sustainable Environment”) program in 2020 with the clear intention to reduce...

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Perseus Increases Edikan’s Inventories of Mineral Resources and Ore Reserves

Figure 1 Nkosuo Project LayoutPERTH, Western Australia, July 18, 2022 (GLOBE NEWSWIRE) — Perseus Mining Limited (ASX/TSX: PRU) has completed a Feasibility Study on the Nkosuo Project, located approximately seven kilometres north-northwest of its Edikan Gold Mine in Ghana, adding substantial Mineral Resources and Ore Reserves to Edikan’s previously published inventory. HIGHLIGHTSIndicated Mineral Resources1 at Nkosuo amount to 14.5Mt at 0.91g/t for 422,000 ounces of contained gold, and Inferred Mineral Resources are estimated at 0.95 million tonnes grading 0.90 g/t gold containing 27,000 ounces of gold at 30 June 2022.   Probable Ore Reserves1 total 10 million tonnes of ore grading 1.04g/t gold and containing 332,000 ounces of gold. Planned processing of the Nkosuo Ore Reserves in the Edikan mill is expected to increase the...

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Apexigen and Brookline Capital Acquisition Corp. Announce Effectiveness of Registration Statement and Annual Stockholder Meeting to Approve the Proposed Business Combination

SAN CARLOS, Calif. and NEW YORK, July 18, 2022 (GLOBE NEWSWIRE) — On March 18, 2022 Brookline Capital Acquisition Corp. (“BCAC”), a life-science focused Special Purpose Acquisition Company (“SPAC”) affiliated with Brookline Capital Markets, a division of Arcadia Securities, LLC (“Brookline”), announced a proposed business combination with Apexigen, Inc. (“Apexigen”), a clinical-stage biopharmaceutical company focused on discovering and developing a new generation of antibody therapeutics for oncology. The transaction values Apexigen at a $205 million net-equity basis and includes a $15 million fully committed PIPE financing (private investment in public equity) that involves the sale of units consisting of one share of BCAC common stock and one-half of one warrant, with each whole warrant entitled to purchase one share of BCAC...

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AnPac Bio Approved Written Resolutions of a Majority of the Members Addressing the Removal of Directors and Officers, Re-designation of Officers, and Change of Members of the Committees

PHILADELPHIA, July 18, 2022 (GLOBE NEWSWIRE) — AnPac Bio-Medical Science Co., Ltd. (“AnPac Bio,” the “Company” or “we”) (ANPC), a biotechnology company with operations in the United States and China focused on early cancer screening and detection, announced that the Company’s Members approved Written Resolutions of a Majority of the Members (the “Resolutions”) on July 14, 2022 addressing the removal of directors and officers, re-designation of officers, and change of members of the committees. The Resolutions were approved by 69.29% of the total voting power of the Company entitled to vote at a general meeting in accordance with British Virgin Islands law, which allows Member’s resolutions to be approved by written resolutions signed by a majority of the votes of all Members entitled to vote on the resolution at a general meeting. The...

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Alpine Banks of Colorado announces completion of $34 million private placement of Class B common stock

Glenwood Springs, Colo., July 18, 2022 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank (the “Bank”), today announced that it has completed a private placement of $34 million of common stock through the sale of 1,192,983 shares of Class B nonvoting common stock, at $28.50 per share, to certain qualified institutional and accredited investors. The Company expects to use the proceeds from the capital raise for general corporate purposes, including but not limited to supporting continued organic growth and enhancing regulatory capital ratios. “We are excited to announce our successful capital raise. We feel the support for this offering, particularly in the current market environment, reflects Alpine’s strong performance and potential, which are driven by...

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ASANTE ANNOUNCES UPDATED NI-43-101 TECHNICAL REPORT FOR THE BIBIANI GOLD MINE

Vancouver, British Columbia, July 18, 2022 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE: ASE | GSE: ASG | FRANKFURT: 1A9 | U.S.OTC: ASGOF) (“Asante” or the “Company”) is pleased to announce preparation of an updated NI 43-101 Technical Report for the Bibiani Gold Mine (“Bibiani” or the “Project”), operated by Mensin Gold Bibiani Limited (“Mensin Gold Bibiani”), a 90% owned Ghana subsidiary of Asante (the “2022 Technical Report”). The 2022 Technical Report has been prepared to the level of confidence of a Pre-Feasibility Study and will be filed on the Company’s SEDAR profile (www.sedar.com) within 45 days. The 2022 Technical Report when filed will supersede the previous Bibiani JORC/NI 43-101 submissions by Resolute Mining Limited (“Resolute”) in 2018 (the “Resolute 2018 Technical Report”) and by Asante in November...

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