Month: August 2022

Junshi Biosciences Announces FDA Approval of Investigational New Drug Application for JS110 (XPO1 inhibitor)

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

— the 7th innovative drug in Junshi Biosciences’ pipeline to get IND approval from the US FDA SHANGHAI, China, Aug. 25, 2022 (GLOBE NEWSWIRE) — Shanghai Junshi Biosciences Co., Ltd (“Junshi Biosciences”, HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced today that Suzhou Junjing Biomedical Technology Co., Ltd., a company jointly invested by Junshi Biosciences and Wigen Biomedicine Technology (Shanghai) Co., Ltd., has received a notice from the U.S. Food and Drug Administration (the “FDA”) concerning the approval of the investigational new drug (“IND”) application for XPO1 inhibitor WJ01024 tablets (product code: “JS110”) by the FDA. So far, 6 innovative drugs in Junshi Biosciences’ pipeline have obtained...

Onfolio Holdings Inc. Announces Pricing of $13.7 Million Initial Public Offering and Nasdaq Listing

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

NEW YORK, Aug. 25, 2022 (GLOBE NEWSWIRE) — Onfolio Holdings Inc. (“Onfolio” or the “Company”) (NASDAQ: ONFO, ONFOW), a holding company that acquires and manages a diversified portfolio of online businesses across a broad range of verticals, today announced the pricing of its initial public offering of 2,753,750 units, each consisting of one share of common stock (the “Common Stock”) and two warrants (the “Warrants”), each to purchase one share of common stock, at a public offering price of $5.00 per unit, for aggregate gross proceeds of approximately $13.7 million, prior to deducting underwriting discounts, commissions, and other offering expenses. Each unit will immediately separate into one share of Common Stock and two Warrants. Each Warrant permits the holder to purchase one share of Common Stock at an exercise price of $5.00...

Rubicon Organics Announces Resignation of Chief Executive Officer effective December 31st, 2022

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

VANCOUVER, British Columbia, Aug. 25, 2022 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis, announces that Jesse McConnell, Co-Founder and Chief Executive Officer (“CEO”) of Rubicon Organics has provided his notice of resignation as CEO of the Company. Mr. McConnell is currently on parental leave and his resignation is anticipated to become effective on December 31, 2022. The Board of Directors of the Company will immediately begin a search for a successor who can lead the Company in driving forward its vision to be “the global brand leader in premium organic cannabis”. Mr. McConnell co-founded Rubicon Organics in June of 2015 with Peter Doig with a vision to provide leadership...

VSBLTY Reports Second Quarter 2022 Financial Results

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

Company Achieves Quarterly Revenue of $3.2M USD PHILADELPHIA, Aug. 25, 2022 (GLOBE NEWSWIRE) — VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS) (“VSBLTY”), a leading software provider of security and retail analytics technology, today announced its revenue for the second quarter of 2022 was $3.2 million (USD), which is a 161% percent increase over Q1 of 2022, and 10 times greater than the previous year’s Q2 of $293K, when the company began to scale its commercial operations. VSBLTY technology provides enhanced customer engagement and audience measurement using machine learning and computer vision. Its industry leading VisionCaptor™ and DataCaptor™ software combine motion graphics and interactive brand messaging with cutting-edge computer vision measurement and insights. VSBLTY’s AI driven software Vector™...

Nevada Copper Announces Restart Plan and Significant Proposed Financing Package

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

YERINGTON, Nev., Aug. 25, 2022 (GLOBE NEWSWIRE) — Nevada Copper (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) is pleased to announce that it has agreed to non-binding terms with its key financing partners to provide up to US$93 million of liquidity to the Company in order to support the restart and ramp-up of the Company’s Pumpkin Hollow copper mine (the “Underground Mine”) located in Yerington, Nevada. The Company also announced the key components of its newly developed restart plan for the Underground Mine. Randy Buffington, Chief Executive Officer, stated: “I am very pleased with the substantial ongoing support of all our key stakeholders. The significant contribution by each of them is a testament to the conviction in the quality of the Pumpkin Hollow project and its intrinsic value. The current pause...

Canadian Spirit Resources Inc. Announces Second Quarter 2022 Financial Results and Operational Update

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

CALGARY, Alberta, Aug. 25, 2022 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis (“MD&A”), for the three and six month periods ended June 30, 2022. Second Quarter 2022This news release summarizes information contained in the unaudited interim financial statements and MD&A for the three and six month periods ended June 30, 2022 and should not be considered a substitute for reading these full disclosure documents which are available on SEDAR at www.sedar.com. The following summarizes certain selected financial data for the three and six months ended June 30, 2022:(all amounts are presented in Canadian dollars, unless otherwise indicated) Three...

REE Automotive Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

Written by Customer Service on August 25, 2022. Posted in Public Companies.

TEL AVIV, Israel, Aug. 25, 2022 (GLOBE NEWSWIRE) — REE Automotive Ltd. (NASDAQ: REE) (“REE” or the “Company”), an automotive technology leader and provider of electric vehicle (EV) platforms, today announced that it has commenced an exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding (i) public warrants to purchase Class A ordinary shares of the Company, without par value (the “Class A ordinary shares”), which warrants trade on the Nasdaq Stock Market (“Nasdaq”) under the symbol “REEAW”(the “public warrants”) and (ii) related private placement warrants to purchase Class A ordinary shares (the “private placement warrants” and, together with the public warrants, the “warrants”). The warrants were assumed by REE in connection with its business combination with 10X Capital...

Razor Energy Corp. Announces Second Quarter 2022 Results

Written by Customer Service on August 25, 2022. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 25, 2022 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces its second quarter 2022 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited interim condensed consolidated financial statements and management’s discussion and analysis for the three and six months ended June 30, 2022 which are available on SEDAR at www.sedar.com and the Company’s website www.razor-energy.com. All amounts are expressed in Canadian dollars. Certain metrics, including those expressed on an adjusted basis, are non-IFRS and other financial measures. See “Non-IFRS and Other Financial Measures” below. RECENT HIGHLIGHTSIncreased Production: Completed work on a group pipeline and associated wells in...

Blueberries Medical Reports 2022 Q2 Financial Results and Provides Corporate and Operations Update

Written by Customer Service on August 25, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 25, 2022 (GLOBE NEWSWIRE) — Blueberries Medical Corp. (CSE: BBM) (OTC: BBRRF) (FRA: 1OA), the Canadian parent of Blueberries S.A.S. (“BBSAS”), the premier Latin American licensed cultivator and producer of medicinal cannabis and medicinal-grade cannabis extracts, (together the “Company” or “Blueberries“), is pleased to report its financial results for the quarter ended on June 30, 2022. Today, Blueberries has filed its unaudited condensed interim consolidated financial statements and related management’s discussion and analysis, both of which are available on Blueberries’ profile at www.sedar.com. All amounts are expressed in Canadian dollars, unless otherwise noted. Blueberries Medical Corp. continues to deploy its strategy by focusing on multiple key revenue-generating activities while reducing...

WSFS Financial Corporation’s A- Senior Unsecured Debt Rating Affirmed by KBRA, After the Successful Combination with Bryn Mawr Trust

Written by Customer Service on August 25, 2022. Posted in Mergers And Acquisitions.

WILMINGTON, Del., Aug. 25, 2022 (GLOBE NEWSWIRE) — Kroll Bond Rating Agency (KBRA) has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”). KBRA also reaffirmed WSFS’ subordinated debt rating of BBB+ and a short-term debt rating of K2. WSFS Bank, the Company’s primary subsidiary, received strong credit ratings as well, including A ratings for both senior unsecured debt and deposit, a subordinated debt rating of A-, and the short-term debt and deposit ratings of K1. KBRA’s debt ratings for WSFS can be accessed here. “For the seventh consecutive year, WSFS has received a strong debt rating. The rating reflects the strength of our diversified business model, our successful integration of Bryn Mawr Trust, our track record of profitable organic and non-organic growth,...

Month: August 2022

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