Month: August 2022

VANCOUVER, British Columbia, Aug. 15, 2022 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (TSX-V:PGM, LSE:PUR) (“PureGold” or the “Company”), today provided an operational update and outlook as well as financial results for the second quarter of 2022. PureGold owns and operates the PureGold Mine near Red Lake, Ontario. So far during the third quarter, both costs and revenues are trending in the right direction on a sequential quarterly basis, due to the groundwork laid in the first and second quarters. As a result, the Company forecasts the Mine to deliver positive site-level cash flow in the third quarter, achieving a previously stated objective. Moreover, a team of multidisciplinary consultants led by SRK Consulting (Canada) Inc. (“SRK”) remains on track to complete an updated Life of Mine plan and a new Pre-Feasibility Study (“PFS”)...

DENVER, Aug. 15, 2022 (GLOBE NEWSWIRE) — Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA) (“Mydecine” or the “Company”), a biotechnology company aiming to transform the treatment of mental health and addiction disorders, today reported financial results for the six months ended June 30, 2022. Financial Results for the Six Months Ended June 30, 2022 Net Loss: The net loss attributable to common stockholders was $8.09 million, from operations, or a basic and diluted loss per share of $(1.31). For the same period in 2021, loss from operations was $13.53 million, or a basic and diluted loss per share attributable to common stockholders of ($3.04) and which included a $4.2 million impairment charge and a loss of $103,285 from discontinued operations, Cash Position: The Company had $324,146 in cash...

TORONTO, Aug. 15, 2022 (GLOBE NEWSWIRE) — Medivolve Inc. (“Medivolve” or the “Company”) (NEO: MEDV; OTC: COPRF; FRA: 4NC), a healthcare technology company that seeks to improve the US healthcare system by leveraging a bespoke telehealth platform, clinical diagnostic network, and data driven AI to improve patient care, today announced financial results for the second quarter ended June 30, 2022. “Medivolve delivered another strong quarter of financial results, achieving a 72% increase in revenue growth compared the same year to date period in 2021,” said David Preiner, CEO of Medivolve. “We are extremely proud to have improved the quality of patient care with our Increased Patient Access program. In addition, this program helped the company achieve gross profit of $10,542,208 representing 483% growth compared to...

LAS VEGAS, Aug. 15, 2022 (GLOBE NEWSWIRE) — Healthy Extracts Inc. (OTCQB: HYEX), a leading innovator of clinically proven plant-based products for heart and brain health, reported results for the second quarter ended June 30, 2022. All comparisons are to the same year-ago period unless otherwise noted. Q2 2022 Financial HighlightsNet revenue totaled $470,000, up 93%—a Q2 record that keeps full year outlook on track for revenue to exceed $3 million. Gross profit totaled $274,000, up 31%. Gross margin was 58% as compared to 86% in the second quarter of 2021. The decrease in gross margin was due to a one-time write-down of certain inventory. Subscription customers at June 30, 20222 increased 51% versus June 30, 2021, driving 52% increase in subscription-based revenue for the second quarter of 2022. The growth in subscription revenue...

ALBANY, NY, Aug. 15, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – Soluna Holdings, Inc. (“SHI” or the “Company”), (NASDAQ: SLNH), the parent company of Soluna Computing, Inc. (“SCI”), a developer of green data centers for cryptocurrency mining and other intensive computing, today announced the release of its second quarter results. Michael Toporek, CEO of Soluna Holdings, Inc., said, “Despite the decline in the BTC price, our second quarter results represent significant year-over-year growth as the team continues to execute on our long-term plan. Soluna’s business was constructed with a focus on ultra-low energy cost assets, and that focus has enabled growth even in challenging times. We remain committed to investing through the current market cycle.” Management’s presentation with the discussion of results including July flash financials...

BELO HORIZONTE-MG, Brazil, Aug. 15, 2022 (GLOBE NEWSWIRE) — Inter&Co (NASDAQ: INTR | B3:INBR31), a leading Brazilian Super App offering financial and non-financial services, reported today financial results for its second quarter ended June 30, 2022. Financial results are expressed in Brazilian reais and are presented under IFRS (International Financial Reporting Standards). The full earnings release has been made available on the Company’s Investor Relations website at ri.bancointer.com.br/intereco. “Staying away from the comfort zone”. If there is a phrase that best describes our second quarter, this is certainly the one. We continue leading in innovation by successfully concluding the listing of our shares in Nasdaq and becoming the first ever Brazilian company to migrate local shares to a US stock exchange....