HEMPSANA Announces Q2 2022 Financial Results

Written by Customer Service on August 26, 2022. Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Aug. 26, 2022 (GLOBE NEWSWIRE) — Hempsana Holdings Ltd. (the “Company” or “Hempsana”) today announced three and six months financial results for the period ended June 30, 2022. Randy Ko, Hempsana’s CEO commented: “Despite production setbacks, the second quarter of 2022 was highlighted by the commercialization of cannabinol (“CBN”) with initial orders taking place in June and the successful launch of ufeelu Calm Drops that was made available to consumers in Ontario which has quickly become a top selling CBG/CBD oil extract in Ontario. In this increasing diverse and competitive market, we continue to focus on product quality and improving our...

Jade Power Reports Second Quarter 2022 Results

Written by Customer Service on August 26, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 26, 2022 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV: JPWR.UN) is pleased to report its financial results for the second quarter of 2022. All amounts are expressed in Canadian Dollars unless otherwise noted. Highlights1 Energy generation of 37,681 MWh for the second quarter of 2022 compared to 35,561 MWh for the second quarter of 2021, an increase of 6%. Record energy generation of 92,751 MWh for the six months ended June 30, 2022, compared to 79,382 MWh for the comparable period in 2021, an increase of 14%. Revenue of $4.1 million for the second quarter of 2022, compared to $4.6 million for the second quarter of 2021. Lower revenue reflects increased balancing adjustments and a weakening of foreign exchange rates. Record revenue of $10.8 million for the six months...

African Gold Acquisition Corporation Makes Major Announcements

Written by Customer Service on August 26, 2022. Posted in Public Companies.

New York, New York, Aug. 26, 2022 (GLOBE NEWSWIRE) — African Gold Acquisition Corporation (NYSE: AGAC.U) (the “Company”) announced that it has filed a Form 8-K today with the Securities and Exchange Commission (the “SEC”) to make certain material disclosures: On August 22, 2022, in conjunction with the Company’s financial advisors, members of the Company’s board of directors (the “Board”) discovered improper withdrawals from the Company’s operating bank accounts and the subsequent concealment of these withdrawals, which transactions commenced during the quarterly period ended March 31, 2022. Upon these discoveries, the Board immediately launched internal investigations, began a series of discussions with its advisors, took actions necessary to safeguard Company accounts and sought to recover funds. From these Board investigations...

Aerojet Rocketdyne Holdings, Inc. to Participate in the Gabelli Funds 28th Annual Aerospace & Defense Symposium on September 8

Written by Customer Service on August 26, 2022. Posted in Public Companies.

EL SEGUNDO, Calif., Aug. 26, 2022 (GLOBE NEWSWIRE) — Aerojet Rocketdyne Holdings, Inc. (NYSE:AJRD) today announced that it will participate in the Gabelli Funds 28th Annual Aerospace & Defense Symposium being held on September 8, 2022. Chief Executive Officer and President Eileen P. Drake is scheduled to present at 10:30 a.m. EDT / 7:30 a.m. PDT. To watch the presentation live, conference registration is available at Webinar Registration – Zoom. A recording of the presentation and associated slide deck will be available after the presentation through the company’s website at http://ir.aerojetrocketdyne.com/events-and-presentations. About Aerojet Rocketdyne Holdings, Inc.Aerojet Rocketdyne Holdings, Inc., headquartered in El Segundo, California, is an innovative technology-based manufacturer of aerospace and defense products...

HIVE Announces RSU and Option Grants

Written by Customer Service on August 26, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 26, 2022 (GLOBE NEWSWIRE) — HIVE Blockchain Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:HBFA) (the “Company” or “HIVE”) announced that the Board of Directors has approved the grant of 415,200 incentive stock options (“Stock Options”) exercisable into the equivalent amount of common shares of the Company at a price of C$5.66 per share for a period of five years. The grants were made to employees, officers and consultants of the Company and are subject certain vesting requirements. The Company’s Board of Directors has also approved the grant of an aggregate of 1,425,280 restricted share units (“RSUs”) to employees, officers and consultants of the Company which vest over 24 months. Each vested RSU entitles the holder to receive one common share of the Company. These grants were made to appropriately...

La Mancha Fund Supports Merger of Elemental Royalties and Altus Strategies

Written by Customer Service on August 26, 2022. Posted in Mergers And Acquisitions.

LONDON, Aug. 26, 2022 (GLOBE NEWSWIRE) — La Mancha Fund SCSp (the “Fund”), a fund advised by La Mancha Capital Advisory LLP (“La Mancha”), is pleased to announce its continued support for the now completed merger of two of its portfolio companies Elemental Royalties Corp. (“Elemental”) and Altus Strategies plc. The merger has created a diversified and scalable royalty company, to be renamed Elemental Altus Royalties Corp., which La Mancha believes is well positioned to acquire further high-quality, producing royalty and streaming assets and to serve as a platform for further consolidation in the royalty sector. Canadian Early Warning Disclosure As a result of the completion of the merger, the Fund now owns, through its wholly-owned subsidiary LMH Explorers S.à r.l., 31,721,881 common shares of Elemental, representing approximately...

Amplify Energy Reaches Agreement with U.S. Attorney’s Office to Resolve Matters Associated with Southern California Pipeline Incident

Written by Customer Service on August 26, 2022. Posted in Public Companies.

HOUSTON, Aug. 26, 2022 (GLOBE NEWSWIRE) — Amplify Energy Corp. (“Amplify” or the “Company”) (NYSE: AMPY) today announced that it has reached an agreement with the United States government, subject to court review and approval, to resolve all federal criminal matters involving the Company and its subsidiaries stemming from the October 2021 Southern California Pipeline Incident. As part of the resolution with the United States, Amplify has agreed to plead guilty to one count of misdemeanor negligent discharge of oil in violation of the Clean Water Act. If approved by the Court, Amplify will pay a fine of approximately $7.1 million in installments over a period of three years, serve a term of four years’ probation and reimburse governmental agencies approximately $5.8 million for their response to this event. Amplify also has agreed...

Lowell Farms Inc. Announces Sale of Additional $2.2 Million of Convertible Debentures

Written by Customer Service on August 26, 2022. Posted in Public Companies.

SALINAS, Calif., Aug. 26, 2022 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, along with its subsidiary, Indus Holding Company (“Subco“), has sold an additional $2.2 million of senior secured convertible debentures of Subco (“Additional 2022 Convertible Debentures“), bringing the total, including the sale of convertible debentures announced on August 19, 2022, to $6.4 million. The Additional 2022 Convertible Debentures are convertible into an aggregate of 9.3 million subordinate voting shares of the Company (“Subordinate Voting Shares“) with respect to principal and additional Subordinate Voting Shares upon conversion of accrued and unpaid interest. Investors in...

CF Energy Announces Q2 and 1H Result of 2022

Written by Customer Service on August 26, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 26, 2022 (GLOBE NEWSWIRE) — CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), an energy provider in the People’s Republic of China (the ”PRC” or “China”), announces that the Company has filed its unaudited condensed interim consolidated financial results for the three-month and six-month periods ended June 30, 2022 (“Q2 2022 and 1H 2022” respectively). Q2 2022 financial highlights Continuing Operations In millions Q2 2022 Q2 2021 Change % Q2 2022 Q2 2021 Change (except for % figures) RMB RMB RMB CAD CAD CAD Continuing Operations Revenue 84.0 86.2 (2.2 ) -3 % 16.5 16.6 (0.1 ) Gross Profit 23.2 34.5 (11.3 ) -33 % 4.6 6.6 (2.0 ) Gross Profit Margin 27.6 % 40.0 % -12.4 % 27.6 % 40.0 % -12.4 % Net...

The State Bank Announces Appointment of Mark Bole, Kristen Holt, and Debra Williams to Fentura Financial, Inc. Corporate Board of Directors

Written by Customer Service on August 26, 2022. Posted in Public Companies.

Director Williams Director Bole Director Holt FENTON, Mich., Aug. 26, 2022 (GLOBE NEWSWIRE) — Fentura Financial, Inc. and The State Bank are excited to announce the appointment of three new Board of Directors. Mark Bole, Kristen Holt, and Debra Williams were appointed to the Board of Directors for both Fentura Financial, Inc. and The State Bank. Mark Bole is the Global Chief Administrative Officer and President of International Operations for GM Financial. He is a community leader in Detroit having served as Board Member for Junior Achievement of Southeastern Michigan with a focus on financial literacy, work readiness and entrepreneurship. He supports Cass Community Social Services across many initiatives including food programs, improving housing facilities and supporting work opportunities for unemployed individuals in...

Day: August 26, 2022

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