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Month: August 2022

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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Permex Petroleum Reports Successful Recompletion of wells on its New Mexico and Texas Properties

Company Successfully Recompletes Five Oil & Gas wells VANCOUVER, British Columbia, Aug. 30, 2022 (GLOBE NEWSWIRE) — Permex Petroleum Corporation (CSE: OIL) (OTCQB: OILCF) (FSE: 75P) (“Permex” or the “Company“), a junior oil and gas company, is pleased to announce results obtained from five recently recompleted oil and gas wells located in Eddy County, New Mexico and Martin County, Texas. In August, Permex continued its re-entry and stimulation program on its Henshaw Premier Unit and Oxy Yates properties situated in Eddy County New Mexico. The re-entry and stimulations involved targeting the Grayburg formation in the Henshaw well numbers 107, 2L, 3B, while targeting the Yates formation in Oxy yates 14-3 well. The Company also recompleted the Mabee Breedlove Clearfork Unit #12 (“MBCU”) on its Breedlove...

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Adagene Reports Financial Results for the Six Months Ended June 30, 2022 and Provides Corporate Updates

– Topline data for anti-CTLA-4 antibody, ADG116, shows compelling clinical safety and complete and partial responses as both a single agent and in combination with anti-PD-1 therapy; results to be presented at SITC 2022 – – Masked, anti-CTLA-4 antibody, ADG126, safely dosed repeatedly up to 20 mg/kg as a single agent with encouraging efficacy signals; results to be presented at ESMO 2022 – – Presentation of combination dosing data with anti-PD-1 therapies in 2022, while dose expansion begins for both ADG116 and ADG126 in targeted tumors – – Submitted regulatory filing for clinical trial of masked, IgG1-based anti-CD137 candidate, ADG206, with greater preclinical potency than the analog of a benchmark antibody, urelumab, that demonstrated monotherapy efficacy in clinic; patient dosing planned in early 2023 – – Cash balance of US$168 million...

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Red White & Bloom Reports Financial Results for Second Quarter 2022 and Six Months Ended June 30th 2022

Q2 2022 revenue increased 225% to CDN $27.4 million, vs CDN $12.2 million in Q2 20211 Revenue for the 6 months ended June 30th 2022 increased 235% to CDN $55.4 million from CDN $23.6 million with Gross Margin excluding biological assets of $16.1 million1 Executed agreements for much anticipated PV licensed product for distribution in two high potential states Paid down CDN $51.7m of debt and eliminated CDN $6.2m of annual interest expenseTORONTO, Aug. 30, 2022 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or the “Company”) is pleased to report it has filed its 2022 second quarter financial statements and related Management’s Discussion and Analysis and is providing certain Q2, 2022 financial results and select subsequent events: Management Commentary: Brad Rogers, CEO and Chairman...

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First Commonwealth Financial Corporation Extends its Pennsylvania Presence with Acquisition of Centric Financial Corporation

INDIANA, Pa. and HARRISBURG, Pa., Aug. 30, 2022 (GLOBE NEWSWIRE) — First Commonwealth Financial Corporation (“First Commonwealth”) (NYSE: FCF) and Centric Financial Corporation (“Centric”) (OTCPink: CFCX) today jointly announced the signing of a definitive Agreement and Plan of Merger providing for the merger of Centric with and into First Commonwealth in an all-stock transaction valued at approximately $16.20 per share, or approximately $144 million in the aggregate, based upon the preceding 10-day volume weighted average closing stock price of First Commonwealth as of Monday, August 29, 2022. Following the merger of the parent holding companies, Centric’s subsidiary, Centric Bank, will merge with and into First Commonwealth’s subsidiary, First Commonwealth Bank. The business combination will produce a combined company with approximately...

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Balchem Corporation acquires Bergstrom Nutrition

NEW HAMPTON, N.Y., Aug. 30, 2022 (GLOBE NEWSWIRE) — Balchem Corporation (NASDAQ:BCPC), a global specialty ingredients company focused on Nutrition and Health, today announced the acquisition of Cardinal Associates Inc., operating as “Bergstrom Nutrition,” a leading science-based manufacturer of methylsulfonylmethane (MSM), based in Vancouver, Washington. MSM is a widely used nutritional ingredient with strong scientific evidence supporting its benefits for joint health, sports nutrition, skin and beauty, healthy aging, and pet health. Bergstrom Nutrition’s MSM brand “OptiMSM®” delivers the highest quality and purity MSM on the market and is the only brand of MSM with a U.S. GRAS “generally regarded as safe” designation. Ted Harris, Chairman, CEO and President of Balchem, said, “We are excited to welcome Bergstrom Nutrition to Balchem....

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HP Inc. Reports Fiscal 2022 Third Quarter Results

PALO ALTO, Calif., Aug. 30, 2022 (GLOBE NEWSWIRE) — HP (NYSE: HPQ)Third quarter GAAP diluted net earnings per share (“EPS”) of $1.08, above the previously provided outlook of $0.91 to $0.96 per share Third quarter non-GAAP diluted net EPS of $1.04, within the previously provided outlook of $1.03 to $1.08 per share Third quarter net revenue of $14.7 billion, down 4.1% from the prior-year period Third quarter net cash provided by operating activities of $0.4 billion, free cash flow of $0.3 billion Third quarter returned $1.3 billion to shareholders in the form of share repurchases and dividendsHP Inc.’s fiscal 2022 third quarter financial performance          Q3 FY22     Q3 FY21   Y/Y  GAAP net revenue ($B) $ 14.7   $ 15.3   (4.1)%  GAAP operating margin   8.7%     9.0%   (0.3) pts  GAAP net earnings...

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