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Day: August 30, 2022

Cal Water Applauds Passage of Important Water Conservation Bill SB 1469 (Bradford/Becker)

Broad coalition of labor, environmental, business, consumer, and water groups urge Governor Newsom to sign the bill. SAN JOSE, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) — California Water Service (Cal Water) today applauded passage of SB 1469 (Sens. Bradford, Becker), which would make permanent a proven program that has encouraged California water customers to reduce their water use and helped keep water bills low for all customers, particularly low-income customers. The bill now goes to Governor Newsom’s desk. The bill has broad support among labor, business, consumer and environmental groups, low-income advocates, local governments, and many others who encourage the Governor to sign the bill. The statement below can be attributed to Martin Kropelnicki, Cal Water’s President and CEO. “SB 1469 is a major game changer that will increase...

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Mesoblast Reports Financial Results and Operational Highlights for Fiscal Year Ended June 30, 2022

At June 30, 2022, cash-on-hand was US$60.4 million with pro-forma US$105.5 million after raising gross proceeds of US$45 million via a private placement in August, 2022 Up to an additional US$40 million available from existing facilities subject to certain milestones Net operating spend of US$65.8 million for the 12 months ended June 2022, a 35% reduction on comparative year, with continued focus on cost control BLA resubmission for remestemcel-L in children with SR-aGVHD expected to be filed this quarter, with potential US approval Q1 CY2023 Plan to meet with FDA next quarter under existing regenerative medicine advanced therapy (RMAT) designation to discuss common mechanism of action in HFrEF including those with LVADs, and potential pathway to marketing approval FDA clearance by year end 2022 to commence a pivotal study for potential...

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Tinybeans Releases Record FY22 Results and Preliminary 4E Report

NEW YORK, Aug. 30, 2022 (GLOBE NEWSWIRE) — Tinybeans Group Limited (ASX: TNY) (OTCQB: TNYYF) (“Tinybeans” or “the Company”), the only personalized platform trusted by parents to help them raise amazing kids, is pleased to share its record preliminary results and the Appendix 4E for fiscal year 2022. The operating results for the period are materially consistent with the headline preliminary results released by the Company on July 28th. The results are subject to completion of the year end audit and audited results are expected to be released in September. FY22 Operational HighlightsRevenue increased to a record US$10.9m, up 34% pcp Advertising revenue hit a record US$9m, up 31% pcp, won 17 $100k deals vs 13 in FY21 Subscription revenue hit a record US$1.5m, up 77% pcp At 56% growth in direct advertising revenues, significantly...

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Perseus delivers record financial performance in FY22

Perth, Aug. 31, 2022 (GLOBE NEWSWIRE) — PERSEUS DELIVERS RECORD FINANCIAL PERFORMANCE IN FY22 Perth, Western Australia/ August 31, 2022/ African gold producer, Perseus Mining Limited (ASX/TSX: PRU), has released its Financial Report for the financial year ending 30 June 2022 (FY22), with record performance across all key metrics relative to the prior financial year. Perseus has recognised the Company’s strong operating performance by including a bonus dividend in its final dividend for FY22. highlightsRevenue of $1,126 million1, up 66% on FY21. EBITDA of $564.1 million, up 86% on FY21. Profit after tax of $279.9 million, up 101% on FY21, after exploration write down of $43.4 million. Basic earnings per share of 18.8 cents per share, up 96% year-on-year. Net cash inflows from operating activities of $522.9 million or 42.01 cents...

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Leading Edge Materials Reports Management Changes – Filip Kozlowski, CEO Resigns

Vancouver, August 30, 2022 – Leading Edge Materials Corp. (“Leading Edge Materials” or the “Company“) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) announces a change in senior Management with the resignation of Mr. Filip Kozlowski, CEO of the Company. Mr. Kozlowski will be resigning for personal reasons but will continue to be available as consultant to the Company to ensure a smooth transition and deliver support on an as needs basis in advancement of the Company’s projects. Mr. Kozlowski’s resignation will be effective as of October 14, 2022. Mr. Eric Krafft, Director of the Company, will be named the interim CEO after October 14, 2022. Lars Eric Johansson, Chairman stated “We thank Mr. Kozlowski for his hard work and commitment over the last two years and wish him well for the future. We appreciate his ongoing input as we...

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GT Biopharma Affirms Manufacturing Timeline For Lead Investigational Asset GTB-3650

GTB-3650’s IND application with the FDA expected by end of first quarter of 2023BRISBANE, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) — GT Biopharma, Inc. (the “Company” or “GTB”) (NASDAQ: GTBP), a clinical stage immuno-oncology company focused on developing innovative therapeutics based on the Company’s proprietary natural killer (NK) cell engager, TriKE® platform, today announced entering into a Settlement and Investment Agreement (the “Agreement”) with its contract manufacturing partner Cytovance Biologics. The signed Agreement, covers all work required to facilitate the registration of an investigational new drug (IND) filing with the U.S. Food and Drug Administration (“FDA”) of its lead investigational asset GTB-3650. GTB-3650 is the Company’s lead second-generation Tri-Specific Killer Engager TriKE® program currently...

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Correction: Andes Technology Corp. Announces its Contribution to the Intel® Pathfinder for RISC-V for Pre-Silicon Development Initiative Launch

AndesCore™ AX45MP 64-bit Multicore Processor and NX27V 64-bit Vector Processor, Both with AXI-based AE350 Platform, Are Available in Intel® Stratix® 10 GX FPGA Development Kit San Jose CA, Aug. 30, 2022 (GLOBE NEWSWIRE) — Andes Technology Corporation (TWSE: 6533; SIN: US03420C2089; ISIN: US03420C1099), a leading supplier of high efficiency, low-power 32/64-bit RISC-V processor cores and Founding Premier member of RISC-V International, reveals its contribution to the Intel® Pathfinder for RISC-V for Pre-Silicon Development initiative launch. Today, Andes announces its highly demanded 64-bit superscalar multicore AX45MP processor IP and 64-bit vector processor core NX27V with up to 512-bit vector length, both pre-integrated with AXI-based AE350 platform, have been available in the Intel® Stratix® 10 GX FPGA Development Kit. “Those...

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Correction Notice to Press Release: Amesite Announces $2.3 Million Registered Direct Offering

DETROIT, Aug. 30, 2022 (GLOBE NEWSWIRE) — The press release dated August 30, 2022, contained a clerical error: the expiration date of the warrants purchased under the securities purchase agreement should have been five and one-half years from the date of issuance. Complete corrected text follows: Amesite, Inc. (NASDAQ: AMST), (“Amesite” or the “Company”) a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, announces today that it has entered into securities purchase agreements with institutional investors for the purchase and sale of (i) 4,181,821 shares of common stock and (ii) warrants to purchase 4,181,821 shares of common stock at a combined purchase price of $0.55. The gross proceeds to Amesite from this offering are expected to be approximately $2.3...

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VR Resources Closes First Tranche of Non-Brokered Private Placement For Gross Proceeds of $1 Million

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS. VANCOUVER, British Columbia, Aug. 30, 2022 (GLOBE NEWSWIRE) — VR Resources Ltd. (TSX.V: VRR; FSE: 5VR; OTCQB: VRRCF) (the “Company” or “VR”) is pleased to announce that it has closed the first tranche its previously announced non-brokered private placement (“Financing”), consisting of 6,443,750 units (“Units”) at a price of $0.16 per Unit for total gross proceeds of $1,031,000. Each Unit consists of one common share of the Company and one-half of a common share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share at an exercise price of $0.25 per common share for a...

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ValOre Closes Oversubscribed $2.9 Million Private Placement

Not for distribution to United States newswire services or for dissemination in the United States. VANCOUVER, British Columbia, Aug. 30, 2022 (GLOBE NEWSWIRE) — ValOre Metals Corporation (“ValOre”, or the “Company”) (TSX-V: VO, OTC: KVLQF, Frankfurt: KEQ) today announced the closing of the non-brokered private placement financing (the “Offering”) disclosed on August 19, 2022. ValOre issued 7,440,000 units (“Units”) at a price of $0.40 per Unit for gross proceeds of $2,976,000. Each Unit will consist of one common share (a “Share”) in the capital of ValOre and one-half of one non-transferable common share purchase warrant (each whole common share purchase warrant being a “Warrant”). Each Warrant will be exercisable to acquire one Share at a price of CDN$0.60 per Share for a period of 24 months, expiring August 30, 2024. ValOre intends...

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