Month: July 2022

  Aspocomp Group Plc, Insider information, July 14, 2022, at 8:20 a.m. Aspocomp Group Plc raises its operating result estimate for 2022. Aspocomp estimates that its previous full year 2022 operating result estimate will be exceeded. Hence, the company raises its operating result estimates for 2022. According to the new forecast, Aspocomp estimates that its net sales for 2022 will increase and its operating result for 2022 will improve clearly from 2021. In 2021, net sales amounted to EUR 33.2 million and the operating result to EUR 2.2 million. Thanks to the strong order book and favorable product mix, the company estimates that the operating result for 2022 will improve clearly compared to 2021. Consequently, Aspocomp has revised its internal forecasts for 2022 to a higher level than previously estimated. In its previous outlook...

LOS ANGELES, July 14, 2022 (GLOBE NEWSWIRE) — Versus Systems Inc. (“Versus” or the “Company”) (NASDAQ: VS) today announced that it has entered into a definitive agreement with an institutional investor for the purchase and sale of 4,145,000 of the Company’s common shares (or common share equivalents) at a purchase price of $0.52 per common share (or common share equivalent) in a registered direct offering. The closing of the offering is expected to occur on or about July 18, 2022, subject to the satisfaction of customary closing conditions.   In addition, in a concurrent private placement, the Company will issue to the investor warrants to purchase up to 6,217,500 common shares. The warrants have an exercise price of $0.52 per common share, will be exercisable six months following issuance and will have a term of five and...

SHENZHEN, China, July 13, 2022 (GLOBE NEWSWIRE) — Aesthetic Medical International Holdings Group Limited (Nasdaq: AIH) (the “Company” or “AIH”), a leading provider of aesthetic medical services in China, is pleased to announce that further to its press release on May 31, 2022, the Company has closed its previously announced private placement offering through the issuance of 21,413,276 ordinary shares of the Company (the “Subscription Shares”) to Hawyu (HK) Limited at a price of RMB4.67 per Subscription Share for the aggregate gross proceeds of RMB100 million (the “Offering”). The net proceeds raised from the sale of Shares under the Offering are expected to be used by the Company for business expansion, working capital or other purposes as consented by the investors in accordance with the approved company budget and business plan. This...

Hong Kong China, July 13, 2022 (GLOBE NEWSWIRE) — Zhong Yang Financial Group Limited (the “Company”) (NASDAQ: TOP), a fast-growing online brokerage firm located in Hong Kong specializing in the trading of local and foreign equities, futures, options products and other financial services, today announced that shareholders have approved the proposals voted on at the Company’s special meeting of shareholders held on July 12, 2022, Eastern Time and the Company’s shareholders voted to approve the following proposals:change of the name of the Company to TOP Financial Group Limited and amendment and restatement the Company’s Memorandum and Articles of Association to incorporate the new name; and amendment of Article 9, 18, 43, 49, 67, 97, 101, 114 and 115 of the Company’s Articles of Association.A total of 30,007,331 votes,...

The Business Combination will add cash, including funds from Global’s trust account and $41.9 million in PIPE subscriptions, to support Gorilla’s growth and internal expansion. Gorilla ordinary shares and warrants are expected to commence trading on The Nasdaq Capital Market under ticker symbols “GRRR” and “GRRRW,” respectively, on July 14, 2022.Taipei, Taiwan and New York, NY, July 13, 2022 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) (Nasdaq: “GRRR” for ordinary shares and “GRRRW” for warrants), a global leader in edge video analytic artificial intelligence, IoT technologies, and cybersecurity, and Global SPAC Partners Co., today announced the completion of their previously announced business combination (the “Business Combination”). The post-closing company is called Gorilla Technology Group Inc. and its ordinary...

OTTAWA, July 13, 2022 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP; OTC:CTNXF; FWB:GWN1) announces that the Board of Directors of the Company has approved the granting of stock options totaling 375,000 options to directors and officers of the Company effective July 13, 2022. These options have been priced at $3.29 and have an expiry date of July 13, 2027. As per the Company’s Stock Option Plan, these options vest in three equal tranches over an eighteen-month period from the date of issue. About Cornerstone Cornerstone Capital Resources Inc. is a mineral exploration company with a diversified portfolio of projects in Ecuador and Chile, including the Cascabel gold-enriched copper porphyry joint venture in northwest Ecuador. Cornerstone has a 20.8% direct and indirect interest...

VANCOUVER, British Columbia, July 13, 2022 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon” or the “Company”) announces that in accordance with the Company’s Equity Incentive Plan (the “Plan”), it has granted 734,600 incentive stock options and is proposing amendments the terms of 765,000 incentive stock options (the “Proposed Amended Options”). Incentive Stock Option Grant The Company has granted incentive stock options (“Options”) to directors and officers of Rubicon to acquire an aggregate of 734,600 common shares at $0.86 per share, for a period of 5 years. The Options have been issued in lieu of cash compensation to directors and officers of Rubicon where their cash compensation has been partially or fully reduced in order to reduce cash spend in Rubicon in fiscal 2022. The Options vest over...

NEW YORK, July 13, 2022 (GLOBE NEWSWIRE) — Pagaya Technologies (NASDAQ: PGY) intends to announce its second quarter 2022 earnings on August 16, 2022. A conference call to discuss those earnings will be held on the same day at 8:30 a.m. ET / 3:30 p.m. IDT. Details to register for the live webcast presentation and dial-in information will be available on Pagaya’s IR website located at investor.pagaya.com. The webcast replay will be available on the IR website following the conclusion of the event. About Pagaya TechnologiesPagaya is a financial technology company working to reshape the lending marketplace by using machine learning, big data analytics, and sophisticated AI-driven credit and analysis technology. Pagaya was built to provide a comprehensive solution to enable the credit industry to deliver their customers a positive experience...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, July 13, 2022 (GLOBE NEWSWIRE) — ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) (“ExGen”, the “Company”) is pleased to provide an update in respect of Phoenix Copper Ltd.’s (“Phoenix”) exploration and development activities at the Empire Mine Project in Custer County, Idaho, USA. Further to previous ExGen news releases, ExGen owns 20% and Phoenix owns 80% of Konnex Resources, Inc. (“Konnex”), which holds the leases and claims to the Empire Mine Project. ExGen further owns 1,330,000 common shares of Phoenix. ExGen is pleased to report that Phoenix, (the operator of the Empire Mine Project), has confirmed that the 2022 drilling program is currently underway. The following program highlights were provided by...