Day: August 12, 2022

Pender Growth Fund Portfolio Company, D-Wave, Lists Publicly on NYSE

Written by Customer Service on August 12, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 12, 2022 (GLOBE NEWSWIRE) — (TSXV: PTF) Pender Growth Fund Inc. (the “Company” or “PTF”) is pleased to report that long time holding D-Wave Systems Inc. (“D-Wave”) has recently announced the completion of its previously announced intention to list publicly via a business combination with DPCM Capital, Inc. (“DPCM Capital”), a publicly traded special purpose acquisition company. On August 8, 2022, D-Wave began trading on the New York Stock Exchange under the symbol QBTS. PTF holds 199,411 shares of D-Wave directly and owns approximately 98% of Pender Private Investments Inc. which holds 548,427 shares of D-Wave. The merger enables public investors to invest in a quantum computing company and enhances D-Wave’s position as a center of Canadian quantum computing innovation and technology. D-Wave is...

Algoma Steel Confirms USW Local 2251 Agree to Take Offer to Employees for a Vote

Written by Customer Service on August 12, 2022. Posted in Public Companies.

Operations Continue in Ordinary Course during Voting Process SAULT STE. MARIE, Ontario, Aug. 12, 2022 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or the “Company”) announced today that United Steelworkers Local 2251 (“2251” or the “Union”) have agreed to take the Company’s last offer to a vote by employees in the affected bargaining unit. Operations will continue in the ordinary course during the voting process, and the Union has agreed to provide advance notice to the Company to allow for a safe and orderly shutdown of operations in the event the Union instructs employees to go on strike. Algoma President and Chief Executive Officer Michael Garcia commented. “We respect the collective bargaining process and are pleased that our employees will have their say on a matter of such critical importance...

Edoc Acquisition Corp. Announces Termination of Merger Agreement with Calidi Biotherapeutics, Inc.

Written by Customer Service on August 12, 2022. Posted in Public Companies.

New York, NY, Aug. 12, 2022 (GLOBE NEWSWIRE) — Edoc Acquisition Corp. (Nasdaq: ADOC, ADOCR, ADOCW, “EDOC” or the “Company”), a special purpose acquisition company, announced today the termination of its previously announced agreement and plan of merger (the “Merger Agreement”) with Calidi Biotherapeutics, Inc. (“Calidi”). Although Edoc and Calidi may continue to discuss the possibility of engaging in a business combination, there can be no assurance that those discussions will result in a transaction between Edoc and Calidi proceeding on the current terms of the Business Combination, if at all. As a result of the termination of the Merger Agreement, Edoc intends to promptly begin simultaneously evaluating other possible business combination targets. About Edoc Acquisition Corp. Edoc Acquisition Corp. is a blank check company organized...

iCoreConnect Continues Its Revenue Growth in Q2 2022

Written by Customer Service on August 12, 2022. Posted in Public Companies.

OCOEE, FL, Aug. 12, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – iCoreConnect, Inc. (OTCQB: ICCT), a market leading cloud-based Software-as-a-Service (SaaS) and technology company focused on increasing workflow productivity and customer profitability through its enterprise platform of applications and services, announces its Q2 2022 quarterly results. iCoreConnect continues to build off its 2021 results delivering $2.1MM of revenue for the quarter ended June 30, 2022 versus $1.0MM for the comparative period of 2021, a 210% rate of growth. Highlights for the Three Months Ended June 30, 2022 and 2021:Annual Recurring Revenue: $1.8MM from $0.9MM (200% growth) Revenues: $2.0MM from $0.7MM (285% growth) Subscribers: Increased subscribers by 15,000The continued traction of the Company’s electronic prescription services, iCoreRx, along...

Liberty Gold Reports Q2 2022 Financial and Operating Results

Written by Customer Service on August 12, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Aug. 12, 2022 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the six months ended June 30, 2022. All amounts are presented in United States dollars unless otherwise stated. Q2 2022 and RECENT HIGHLIGHTS:On August 11, 2022, the Company received the final of three staged payments of $6.00 million on the sale of the Halilağa copper gold deposit in Turkey1.On May 18, 2022, the Company received the final $2.50 million option payment for Kinsley, consisting of $1.25 million in cash and $1.25 million in shares of CopAur Minerals Inc. (“CopAur”). Liberty Gold has retained a 1% net smelter royalty on the project.On June 22, 2022, the Company received the 2022 Environmental Excellence...

CENAQ Energy Corp. Announces Extension of Deadline to Complete Business Combination

Written by Customer Service on August 12, 2022. Posted in Mergers And Acquisitions.

Houston, TX, Aug. 12, 2022 (GLOBE NEWSWIRE) — CENAQ Energy Corp. (“CENAQ”; NASDAQ: CENQ) announced that its board of directors has elected to extend the date by which CENAQ has to consummate a business combination from August 17, 2022 to November 16, 2022 (the “Extension”), as permitted under CENAQ’s third amended and restated certificate of incorporation. CENAQ must complete an initial business combination within 12 months from the closing of its initial public offering on August 17, 2021 (the “Initial Combination Period”), which may be extended by three months if it files a proxy statement, registration statement or similar filing for an initial business combination within the Initial Combination Period. CENAQ filed a preliminary proxy statement in connection with its previously announced business combination with Bluescape Clean...

Ceres Acquisition Corp. Reports Second Quarter 2022 Financial Results

Written by Customer Service on August 12, 2022. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR OTHER DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 12, 2022 (GLOBE NEWSWIRE) — Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) (“Ceres” or the “Corporation”) is reporting its financial results as at June 30, 2022 and June 30, 2021, and for the three and six month periods then ended. The Corporation’s unaudited financial statements, along with the accompanying management’s discussion and analysis, have been filed on the System for Electronic Document Analysis and Retrieval (SEDAR) and may be viewed by interested parties under the Corporation’s profile at www.sedar.com. The Corporation is confident in its abilities to identify, evaluate and execute an attractive qualifying transaction by continuing to leverage its network to source a wide spectrum of meaningful investment...

BlueCity Announces Completion of Merger

Written by Customer Service on August 12, 2022. Posted in Mergers And Acquisitions.

BEIJING, Aug. 12, 2022 (GLOBE NEWSWIRE) — BlueCity Holdings Limited (“BlueCity” or the “Company”) (NASDAQ: BLCT), a leading online LGBTQ platform, today announced that completion of the merger (the “Merger”) with Diversefuture Limited (the “Merger Sub”), a wholly-owned subsidiary of Multelements Limited (the “Parent”), pursuant to the previously announced Agreement and Plan of Merger (the “Merger Agreement”), dated as of April 30, 2022, among the Company, the Parent and the Merger Sub. As a result of the Merger, the Company became a wholly owned subsidiary of Parent and will cease to be a publicly traded company. Pursuant to the Merger Agreement, which was approved by the Company’s shareholders at an extraordinary general meeting on July 29, 2022, at the effective time of the Merger (the “Effective Time”), each ordinary share of...

FFW Corporation Announces Earnings for the Fiscal Year Ended June 30, 2022

Written by Customer Service on August 12, 2022. Posted in Earnings Releases And Operating Results.

WABASH, Ind., Aug. 12, 2022 (GLOBE NEWSWIRE) — FFW Corporation (the “Corporation”) (OTC PINK: FFWC) (8/11/2022 Close: $47.00), parent corporation of Crossroads Bank (the “Bank”), announced earnings for the fiscal year ended June 30, 2022. For the three months ended June 30, 2022, the Corporation reported net income of $1,523,000 or $1.33 per common share compared to $1,379,000 or $1.21 per common share for the three months ended June 30, 2021. Net interest income for the three months ended June 30, 2022 was $4,071,000 compared to $3,608,000 for the three months ended June 30, 2021. The provision for loan losses was $200,000 for the three months ended June 30, 2022 and ($150,000) for the three months ended June 30, 2021. Total noninterest income was $1,075,000 for the three months ended June 30, 2022 compared to $1,221,000 for the...

Alkaline Fuel Announces Increase in Assets and Revenues in Filing of Second Quarter 2022 Financial Statements and MD&A

Written by Customer Service on August 12, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 12, 2022 (GLOBE NEWSWIRE) — Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“AFCP” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to announce today that the Company has filed its financial and operating results for the three and six month periods ended June 30, 2022. Select financial and operational information is outlined below and should be read in concert with AFCP’s consolidated financial statements and management’s discussion and analysis (“MD&A”) for the second quarter and first half 2022, available on SEDAR at www.sedar.com and on AFCP’s website at www.fuelcellpower.com. ”AFCP is diversifying its investments into more immediate revenue generating investments such as its CHP...

Day: August 12, 2022

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