Month: August 2022

NuCana Reports Second Quarter 2022 Financial Results and Provides Business Update

Written by Customer Service on August 17, 2022. Posted in Earnings Releases And Operating Results.

Multiple Data Readouts on Track for the Second Half of 2022 and the First Half of 2023 Well Capitalized with Anticipated Cash Runway into 2025 EDINBURGH, United Kingdom, Aug. 17, 2022 (GLOBE NEWSWIRE) — NuCana plc (NASDAQ: NCNA) announced financial results for the second quarter ended June 30, 2022 and provided an update on its broad clinical program with its transformative ProTide therapeutics. As of June 30, 2022, NuCana had cash and cash equivalents of £46.5 million compared to £52.6 million as of March 31, 2022 and £60.3 million at December 31, 2021. NuCana continues to advance its various clinical programs and reported a net loss of £3.9 million for the quarter ended June 30, 2022, as compared to a net loss of £9.1 million for the quarter ended June 30, 2021. Basic and diluted loss per share was £0.07 for the quarter ended...

Greene Concepts Sponsors Dawson Cram for Upcoming NASCAR 2022 Xfinity Series Races

Written by Customer Service on August 17, 2022. Posted in Public Companies.

$INKW – Greene Concepts Sponsors Dawson Cram for Upcoming NASCAR 2022 Xfinity Series Races Happy Mellow – Blood Orange$INKW – Greene Concepts Sponsors Dawson Cram for Upcoming NASCAR 2022 Xfinity Series Races BE WATER – a premium artesian bottled waterMarion, North Carolina, Aug. 17, 2022 (GLOBE NEWSWIRE) — Greene Concepts, Inc. (OTC Pink: INKW) is pleased to announce the Company’s sponsorship of Dawson “DK” Cram for his debut in the upcoming NASCAR Xfinity Series starting with the race in Darlington, SC on September 3rd. The Company previously provided sponsorship of Dawson Cram in the Camping World Truck Series during the 2021 season. The BE WATERTM brand will have a prominent spotlight on DK’s racecar in multiple Xfinity Series races during the 2022 season. These include the September 3rd...

CCEC Credit Union Membership Votes to Merge with Community Savings Credit Union

Written by Customer Service on August 17, 2022. Posted in Mergers And Acquisitions.

Anticipated benefits to membership as merger between CCEC and Community Savings is approved Vancouver, BC – (Unceded Territories of the Musqueam, Squamish and Tsleil-Waututh Nations), Aug. 17, 2022 (GLOBE NEWSWIRE) — Two like minded credit unions are teaming up to better serve their members, employees and community. Community Savings Credit Union and CCEC Credit Union are formalizing plans to join together, after the proposed merger received overwhelming support from CCEC membership this week. The two credit unions will operate under the Community Credit Savings Credit Union name across all seven operating branches in Vancouver, Burnaby, New Westminster, Port Coquitlam, Surrey, and Victoria. The membership of both credit unions stand to benefit from more competitive rates, increased branch services, and additional banking products. “Credit...

Skylight Health Announces Closing of Convertible Debenture Financing

Written by Customer Service on August 17, 2022. Posted in Public Companies.

TORONTO, Aug. 17, 2022 (GLOBE NEWSWIRE) — Skylight Health Group Inc. (NASDAQ:SLHG; TSXV:SLHG) (“Skylight Health” or the “Company”), a multi-state primary care management group in the United States, is pleased to announce that it has closed the non-brokered private placement announced on August 8, 2022 (the “Offering”), issuing 2,355 units of unsecured convertible debentures (“Debentures”). The principal sum of Debentures issued totals C$2,355,000. Prad Sekar, CEO & Co-Founder of Skylight Health said, “We have a strong history of being diligent in our capital raising to ensure minimal dilution, and this cash injection gives us a buffer to get us comfortably to cash flow positivity.” The Debentures will have a maturity date of thirty (30) months from the date of issuance and shall bear interest at the rate of 8%...

EMGS reports second quarter 2022 results

Written by Customer Service on August 17, 2022. Posted in Earnings Releases And Operating Results.

Electromagnetic Geoservices ASA’s (“EMGS” or the “Company”) financial report and market presentation for the second quarter of 2022 are attached. Highlights: * The Company recorded revenues of USD 6.9 million, down from USD 9.4 million in the second quarter of 2021 and up from USD 6.2 million in the first quarter of 2022. * Adjusted EBITDA (including capitalised multi-client expenses and vessel and office lease expenses) of USD 2.8 million, down from USD 4.6 million in the second quarter of 2021. * Free cash increased with USD 3.4 million during the quarter, to USD 11.6 million. * Atlantic Guardian time charter extended by one year to 20 October 2023. * Subsequent to the end of the second quarter 2022, EMGS announced that the Company secured USD 3.8 million in uplifts related to the existing multi-client library in Norway. The Company...

Global Warming Solutions, Inc. Plans to Take Aggressive Approach to Protect Shareholders by Combatting Naked Shorting of GWSO Shares With an Investigation to End Manipulation

Written by Customer Service on August 17, 2022. Posted in Public Companies.

Temecula, CA, Aug. 17, 2022 (GLOBE NEWSWIRE) — Global Warming Solutions, Inc., (OTC: GWSO), announced today that in light of the apparent consistent naked short selling of the Company’s shares, the Company has taken, and intends to take, certain actions in an attempt to protect the interests of our shareholders. A disturbing short-selling trend over the past several weeks is of deep concern to the management of GWSO as well as its current shareholders. Unknown market makers are shorting GWSO stock to a degree that strongly suggests market manipulation. Global Warming Solutions and its current shareholders are and have been harmed by the apparent market manipulation. Manipulation of the QB market should be of grave concern to the OTC and to FINRA as it affects the reliability and credibility of the OTC market as a whole. As a result:...

Proactive news headlines including Target, Silver Range Resources, Royal Helium, NorthWest Copper and Graphene Manufacturing Group

Written by Customer Service on August 17, 2022. Posted in Mergers And Acquisitions.

New York , Aug. 17, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Target reports bigger-than-expected 90% drop in quarterly earnings click here Belmont Resources JV partner Marquee Resources reports ‘wide mineralized envelope’ in final assay results from Lone Star copper-gold project click here SPYR says its GeoTraq subsidiary offers patent smart solutions for simple IoT problems click here Thunderbird Entertainment Group subsidiary Great Pacific Media appoints two new executives click here ACME Lithium reports promising sample results from drill hole at Clayton Valley lithium brine project in Nevada click here SinglePoint applauds Inflation Reduction Act of 2022 for climate change investment click...

Mark Wade named Bank of Texas CEO

Written by Customer Service on August 17, 2022. Posted in Public Companies.

Change comes as Norm Bagwell announces plan to transition to new role DALLAS, Aug. 17, 2022 (GLOBE NEWSWIRE) — Mark Wade has been named CEO for Bank of Texas as of Jan. 1, 2023. Wade will assume the role as long-time CEO Norm Bagwell transitions into a new part-time role after leading the Texas bank for more than 15 years. “Norm Bagwell has been an important part of our company since he joined us in 2008,” said Stacy Kymes, president and CEO BOK Financial. “We are thrilled that he will continue to play an important role in client development and employee recruiting talent in Texas as he transitions out of the CEO role. “We are extremely fortunate to have no shortage of leaders in the market, thanks in part to Norm’s leadership,” said Kymes. “Mark Wade is a champion for Bank of Texas. His commitment, tenacity and strategic approach...

Panacea awarded eight nutraceutical purchase orders as it expands its U.S. based softgel manufacturing services into the growing health, plant-based market

Written by Customer Service on August 17, 2022. Posted in Public Companies.

GOLDEN, Colo., Aug. 17, 2022 (GLOBE NEWSWIRE) — Panacea Life Sciences Holdings, Inc. (OTCQB: PLSH) (“Panacea” or the “Company”), a Colorado, USA-based cannabinoid research-focused company providing natural, non-habit-forming health and wellness products as an alternative to expensive pharmaceuticals and synthetic product offerings, announced today that the Company has expanded its softgel manufacturing expertise into the nutraceutical space and was quickly awarded eight purchase orders to fill what it believes to be a clear void in the industry. The aggregate value of the purchase orders is expected to generate approximately $500,000 in revenues for the Company in the remainder of the 2022 fiscal year. “As one of the few cGMP certified cannabinoid manufacturing facilities in the U.S., the launch of our vegan softgel capabilities...

Iceland Seafood International hf: Iceland Seafood’s results for 1H 2022 impacted by rapid and substantial cost increases in the period

Written by Customer Service on August 17, 2022. Posted in Earnings Releases And Operating Results.

Sales for 1H 2022: €238.4m, up 14% from 1H 2021 Net margin for 1H 2022: €17.3m, down €1.4m from 1H 2021 Normalised loss before tax in 1H 2022: €1.8m, down €6.5m from 1H 2021 Net loss for 1H 2022: €2.9m compared to €3.4m profit in 1H 2021 Basic earnings per share (EPS) for 1H 2022 were negative by €0.1054 cents per thousand shares compared to positive €0.1287 cents per thousand shares for 1H 2021 The operation of IS UK was loss making in the period, will take longer and cost more than previously estimated to stabilize the business Profitability in Ireland and at Ahumados Domínguez expected to be back to normal levels from Q3, after being severely impacted by sharp salmon price increases during 1H 2022 IS Ibérica performed well in the period, helped by strong market position in S-Europe Total assets of €284.4m at end of June, increased...

Month: August 2022

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