T STAMP INC (‘Trust Stamp’ or ‘The Company’) Statement regarding Form 8-K filing

Written by Customer Service on August 23, 2022. Posted in Public Companies.

August 22, 2022: Trust Stamp (Nasdaq: IDAI, Euronext Growth: AIID ID) announces that it has filed a Form 8-K with the Securities and Exchange Commission (“SEC”). On August 17, 2022, T Stamp Inc. (the “Company”) received a letter from U.S. Immigration and Customs Enforcement (“ICE”) notifying the Company of ICE’s intent to fully terminate, for convenience, the Company’s modified contract with ICE, initially awarded to the Company on September 23, 2021 and modified on March 27, 2022 (the “ICE Contract,” originally filed as Exhibit 6.15 to the Company’s offering statement on Form 1-A filed with the Securities and Exchange Commission (the “SEC”) on November 22, 2021), effective immediately. The ICE Contract contained multiple performance obligations on the part of the Company to be performed between March...

CE Brands Reports First Quarter 2023 Financial Results

Written by Customer Service on August 23, 2022. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 23, 2022 (GLOBE NEWSWIRE) — CE Brands Inc. (TSXV: CEBI; CEBI.WT) (“CE Brands”, “we”, “our”, or the “Company”), a data-driven consumer-electronics company, today announced its financial results for the three-month period ended June 30, 2022 (“Q1 2023”) ⁽¹⁾. The related condensed interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) for Q1 2023 are available on SEDAR at www.sedar.com and on CE Brands’ website at www.cebrands.ca/investors. Q1 2023 Highlights (Compared to Q1 2022) Revenue in the quarter increased 115% to $2.4 million driven by the launch of the moto watch 100. Gross profit improved 365% to $0.5 million. Increased investment, primarily in the marketing, selling and other costs to support revenue growth, netted a loss of $2.8 million, similar to last...

Arkadia Capital Corp. and Moduurn Mobility Inc. Announce Execution of Amalgamation Agreement

Written by Customer Service on August 23, 2022. Posted in Public Companies.

CALGARY, Alberta and VICTORIA, British Columbia, Aug. 23, 2022 (GLOBE NEWSWIRE) — Arkadia Capital Corp. (NEX:AKC.H) (“Arkadia“) and Moduurn Mobility Inc. (“Moduurn“) are pleased to announce that they have entered into an amalgamation agreement dated August 16, 2022 (the “Amalgamation Agreement“), pursuant to which Moduurn and 1324976 B.C. Ltd. (the “Subco“) will amalgamate and continue as one corporation, which will be a wholly-owned subsidiary of Arkadia (the “Proposed Transaction“). The parties intend the Proposed Transaction to constitute the “Qualifying Transaction” of Arkadia within the meaning of the policies of the TSX Venture Exchange (the “Exchange“). Following the completion of the Proposed Transaction, Arkadia will carry on the current...

MARKSMEN ANNOUNCES DRILLING PROGRAM UPDATE

Written by Customer Service on August 23, 2022. Posted in Public Companies.

CALGARY, ALBERTA, Aug. 23, 2022 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSX: MAH) is pleased to announce the following update to its drilling program: Portage County, Ohio – Marksmen and its working interest partner, PEP Drilling LLC (“PEP”), commenced the recompletion of the Reese #1 well on July 25, 2022. Marksmen is managing the recompletion and will pay 100% of the capital costs to earn an 80% working interest. The lower Rose Run formation has been plugged back and 44 feet of 100 feet of the higher Clinton Sandstone pay zone formation was perforated and acidized on August 8, 2022. On August 22, 2022, the Clinton Sandstone reservoir was hydraulically stimulated with over 2,000 barrels of solution and 300 sacks of sand injected at 3,050 PSI. Well clean-up activities, including flowback and swabbing,...

Inventus Mining Terminates Private Placement

Written by Customer Service on August 23, 2022. Posted in Public Companies.

TORONTO, Aug. 23, 2022 (GLOBE NEWSWIRE) — Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) reports that it has terminated the previously announced non-brokered private placement of critical mineral flow-through (“FT”) and non-FT units of the Company, announced on June 23, 2022. Management is currently working on an alternative financing arrangement. About Inventus Mining Corp. Inventus is a mineral exploration and development company focused on the world-class mining district of Sudbury, Ontario. Our principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project located northeast of Sudbury. Pardo is the first important paleoplacer gold discovery found in North America. Inventus has approximately 140.6 million common shares outstanding. Visit http://www.inventusmining.com...

Fanhua Reports Second Quarter and First Half 2022 Unaudited Financial Results

Written by Customer Service on August 23, 2022. Posted in Earnings Releases And Operating Results.

— Life Insurance’s First Year Premiums for the Second Quarter of 2022 Grew 43.7% YoY — — Operating Income for the Second Quarter of 2022 Beats Guidance — GUANGZHOU, China, Aug. 23, 2022 (GLOBE NEWSWIRE) — Fanhua Inc. (Nasdaq: FANH) (the “Company” or “Fanhua”), a leading independent financial services provider in China, today announced its unaudited financial results for the second quarter and first half ended June 30, 20221. Financial Highlights for the Second Quarter of 2022 (In thousands, except per ADS data) 2021Q2(RMB) 2022Q2(RMB) 2022Q2(US$) Change % Total net revenues 689,919 703,116 104,972 1.9 Operating income 51,005 31,028 4,632 (39.2 ) Net income attributable to the Company’s shareholders 67,405 32,123 4,796 (52.3 ) Diluted net income per ADS 1.25 0.60 0.09 (52.0 ) Cash, cash equivalents...

Partners Value Split Corp. Announces 2022 Semi-Annual Results

Written by Customer Service on August 23, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 23, 2022 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company” TSX: PVS.PR.F, PVS.PR.G, PVS.PR.H, PVS.PR.I, PVS.PR.J, PVS.PR.K) announced today that the net asset value per unit was $109.92 at June 30, 2022. All amounts are in US dollars. Income available for distribution for the six-month period ended June 30, 2022 was $34 million compared to $72 million in the prior year period. Dividend income was lower in the current period due to the receipt of Brookfield Asset Management Reinsurance Partners Ltd. shares valued at $46 million as a dividend-in-kind from Brookfield Asset Management in the prior year period. The net comprehensive loss in the period of $1.9 billion related to unrealized movement in the price of a Brookfield share during the period. On a per share basis, the fair value of a Brookfield share...

Partners Value Investments Inc. Announces Q2 2022 Interim Results

Written by Customer Service on August 23, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 23, 2022 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the three months ended June 30, 2022. All amounts are stated in US dollars. The Company generated net income of $489.3 million for the three months ended June 30, 2022 compared to a net loss of $575.9 million in the prior year quarter. The increase in net income was primarily due to a remeasurement gain of $386.2 million during the quarter relating to the Company’s retractable common shares compared to remeasurement losses of $479.1 million in the prior year quarter. These shares are classified as liabilities due to their exchangeable feature equivalent to a Partnership unit, therefore the remeasurement gains or losses in a given period are driven by the respective depreciation or appreciation...

Partners Value Investments L.P. Announces Q2 2022 Interim Results

Written by Customer Service on August 23, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 23, 2022 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership” TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the three months ended June 30, 2022. All amounts are stated in US dollars. The Partnership recorded net income of $21.0 million for the quarter ended June 30, 2022, compared to net income of $28.5 million in the prior year quarter. The decrease in income was primarily due to lower income from dividends, as a result of the one-time special dividend in the prior year quarter from the spin-off of Brookfield Asset Management Reinsurance Partners Ltd, and was partially offset by foreign currency gains and tax recoveries. Income of $19.3 million was attributable to the Equity Limited Partners ($0.24 per Equity LP unit) and income of $1.7 million was attributable to preferred...

Helium Evolution Announces Filing of Second Quarter 2022 Financial Results and Provides Corporate Update

Written by Customer Service on August 23, 2022. Posted in Earnings Releases And Operating Results.

Strong balance sheet, cost control and disciplined allocation of capital support HEVI’s ongoing strategy execution CALGARY, Alberta, Aug. 23, 2022 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (TSXV:HEVI) (“HEVI” or the “Company“), a Canadian-based helium exploration and production company focused on developing assets in southern Saskatchewan, today announced the filing of our unaudited financial results for the three-and six-month periods ended June 30, 2022, along with a corporate update that includes a change in management and posting of an updated corporate presentation on HEVI’s website. For complete details of the consolidated financial statements and the associated management’s discussion and analysis (“MD&A”), please refer to the Company’s filing on SEDAR (www.sedar.com). HEVI Q2 & First...

Day: August 23, 2022

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