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Day: August 19, 2022

BoxScore Brands, Inc. Executive Team Focus Continues on Lisbon Lithium Project

GREENWICH, Conn., Aug. 19, 2022 (GLOBE NEWSWIRE) — BoxScore Brands, Inc. (OTC Pink Current: BOXS) (“BoxScore”, the “Company”) a U.S.-based renewable energy company focused on the extraction, refining, manufacturing, and distribution of precious technical minerals, today announces a corporate update for its shareholders. “Lithium demand is at an all-time high,” said Sebastian Lux, Chief Executive Officer, BoxScore Brands Inc. “We could not be more excited about the advances in our research as it relates to the Lisbon Valley project. Our work on the geological, technical, and permitting sides continues as we look to further affirm our existing technical reports.” On November 5, 2021, BoxScore acquired the rights to 102 Federal Mining Claims located in the Lisbon Valley of Utah. The acquisition was driven by historical mineral data...

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VirTra Reports Second Quarter 2022 Financial Results

Total Revenue up 52%, Driving 51% Increase in Gross Profit and 34% Increase in Adjusted EBITDA CHANDLER, Ariz., Aug. 19, 2022 (GLOBE NEWSWIRE) — VirTra, Inc. (NASDAQ: VTSI) (“VirTra”), a global provider of judgmental use of force training simulators and firearms training simulators for the law enforcement and military markets, reported results for the second quarter and six months ended June 30, 2022. The financial statements are available on VirTra’s website and here. Second Quarter 2022 Financial Highlights:Total revenue increased 52% to $8.0 million Gross profit increased 51% to $4.7 million, or 59% of total revenue Net income increased to $787,000 Adjusted EBITDA increased to $1.3 million Backlog at June 30, 2022 of $16.5 million Working capital surplus totaled $27.0 million, including unrestricted cash and cash equivalents...

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Ostin Technology Group Reports Half-Year Financial Results

NANJING, China, Aug. 19, 2022 (GLOBE NEWSWIRE) — Ostin Technology Group Co., Ltd. (the “Company”) (Nasdaq: OST), a supplier of display modules and polarizers in China, today reported its unaudited financial results for the six months ended March 31, 2022. Half-Year Ended March 31, 2022 Summary:Revenue declined by 31% to $60.09 million for the six months ended March 31, 2022, from $87.37 million for the same period in 2021; Gross margin grew to 14% for the six months ended March 31, 2022, from 12% for the same period in 2021; Operating income decreased by 23% year-over-year to $1.63 million for the six months ended March 31, 2022, from $2.13 million for the same period in 2021;   Net income was $1.20 million for the six months ended March 31, 2022, compared to $1.45 million for the same period in 2021; Earnings per...

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Verano Announces the Opening of Zen Leaf Clarksburg, the Company’s Fourth West Virginia Dispensary and 111th Location Nationwide

Zen Leaf Clarksburg is located at 254 Emily Drive, a busy thoroughfare with an average daily traffic count of 17,520 vehicles1 The dispensary is based in Harrison County, which has a population over 65,0002 Verano’s active operations span 13 states, comprised of 111 dispensaries and 13 cultivation and processing facilities with more than 1 million square feet of cultivation capacityCHICAGO, Aug. 19, 2022 (GLOBE NEWSWIRE) — Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the opening of Zen Leaf Clarksburg on Friday, August 19, 2022, the Company’s fourth dispensary in West Virginia and 111th nationwide. Zen Leaf Clarksburg, located at 254 Emily Drive, is open Wednesday through Saturday from 11 a.m. to 7 p.m. and Sunday from 10 a.m. to 4 p.m.,...

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Gulf & Pacific Equities Corp. reports on Second Quarter Results with Revenue of $1,007,691

Toronto, Aug. 19, 2022 (GLOBE NEWSWIRE) — Gulf & Pacific Equities Corp. (TSX-V: GUF) an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, reports a 0.8% increase in revenues to $1,007,691 in the quarter ended June 30, 2022 from $999,206 at the same period last year. Details of the six and three months financial results for fiscal 2022 and 2021 under International Financial Reporting Standards (IFRS) as summarized below are also available at www.sedar.com or the company’s website www.gpequities.com.  Six Months Ended   Three Months Ended  (Unaudited)   (Unaudited)  June 30,   June 30,    2022     2021     2022     2021           Revenue $ 1,947,695   $ 1,872,743   $ 1,007,691   $ 999,206           Net Income (Loss) before fair value           ...

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Kalera Announces Second Quarter 2022 Financial Results

ORLANDO, Fla., Aug. 19, 2022 (GLOBE NEWSWIRE) — Kalera Public Limited Company (Nasdaq: KAL, “Kalera” or the “Company”), a vertical farming company, today reported its financial results for the second quarter ended June 30, 2022. Second Quarter Financial OverviewTotal revenue of $1.3 million, marking an increase of $0.8 million from the second quarter last year:Foodservice revenue of $0.8 million, an increase of $0.6 million; Retail revenue of $0.5 million, an increase of $0.2 million.Net loss of $78.7 million, or a loss of $3.92 per diluted share, which included a one-time non-cash expense for goodwill impairment of $64.3 million, the change in fair value for the contingent value rights earnout of $17.3 million and a one-time expense of $7.5 million related to the closing of the Agrico business combination and Nasdaq listing. Adjusted...

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Tulikivi Corporation Half year financial report 1–6/2022: Higher net sales, better operating profit and significantly stronger order books

TULIKIVI CORPORATION  HALF YEAR FINANCIAL REPORT  19 AUGUST 2022 AT 1 PM Tulikivi Corporation                                             Half year financial report 1–6/2022: Higher net sales, better operating profit and significantly stronger order books – The Tulikivi Group’s net sales were EUR 12.2 million (EUR 9.3 million, 4–6/2021) in the second quarter and EUR 20.6 million (EUR 15.8 million, 1–6/2021) in the review period.– The Tulikivi Group’s operating profit was EUR 1.7 (1.1) million in the second quarter and EUR 2.0 (1.1) million in the review period. – The Tulikivi Group’s profit before taxes was EUR 1.4 million (1.0 million) in the second quarter and EUR 1.5 (0.8) million in the review period. – Net cash flow from operating activities was EUR 1.6 (1.1) million in the second quarter and EUR 2.2...

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AFARAK GROUP: INTERIM REPORT H1 2022

07:45 London, 09:45 Helsinki, 19 August 2022 – Afarak Group Plc (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR) FINANCIAL INTERIM RELEASE H1 2022    H1/22 H1/212021Revenue EUR million 92.1 37.3 80.3EBITDA EUR million 24.5 -0.9 5.9EBIT EUR million 24.0 0.9 6.8Earnings before taxes EUR million 22.6 -0.5 2.9Profit from continuing operations EUR million 21.2 -0.9 0.6Profit from discontinuing operations EUR million 2.9 0.0 8.4Profit EUR million 24.1 -0.9 9.0Earnings per share EUR 0.10 0.00 0.04EBITDA margin % 26.7 -2.4 7.4EBIT margin % 26.1 2.4 8.5Earnings margin % 24.6 -1.3 3.6Personnel (end of period)   549 608 503FIRST HALF 2022 HIGHLIGHTSRevenue increased strongly by 146.5% to EUR 92.1 (H1/2021: 37.3) million; Processed material sold increased by 24.2% to...

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Ultimovacs ASA Reports Second Quarter 2022 Financial Results and Provides General Business Update

Oslo, August 19, 2022: Ultimovacs ASA (“Ultimovacs”) (OSE ULTI), a clinical stage leader in immune stimulatory vaccines for cancer, announces its second quarter 2022 results today. The presentation by the company’s management team can be followed as a live webcast at 09:00 CET and will be made available on the website. It will be possible to post questions during the presentation through the webcast. Highlights of Second Quarter 2022 and Recent Business, Clinical and Research ProgressOn 30 June 2022, Ultimovacs completed the planned recruitment of 154 patients in the INITIUM trial. Two additional patients were enrolled in July 2022, bringing the final number of patients enrolled to 156. Consistent with INITIUM’s event-driven design, topline progression-free survival results will be disclosed after progression of cancer...

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Proactive news headlines including Miramar Resources, Lake Resources, PNX Metals and Chalice Mining

Sydney, Aug. 19, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Miramar Resources Ltd (ASX:M2R) has kicked off an aircore drilling program at the Whaleshark Copper-Gold Project in the Ashburton region of Western Australia. The program will test a very large area of coincident copper-uranium-REE anomalism uncovered from soil sampling last year. Click here Lake Resources NL (ASX:LKE, OTCQB:LLKKF) has named experienced mining executive Sean Miller to the newly-created position of corporate development officer to fast-track activity at its Cauchari, Olaroz and Paso brine projects in the Jujuy Province of Argentina. Click here PNX Metals Ltd (ASX:PNX) has strengthened its geology team with the appointment of mining industry...

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