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Month: September 2022

Navios Maritime Holdings Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022

Net Income$45.0 million net income in Q2 2022 $40.0 million net income in H1 2022Revenue10.9% increase to $159.2 million in Q2 2022 10.1% increase to $287.0 million in H1 2022Cash from operating activities$69.7 million cash provided by operating activities in Q2 2022 $86.1 million cash provided by operating activities in H1 2022EBITDA, a non-GAAP measure22.8% increase to $98.9 million in Q2 2022 27.8% increase to $172.7 million in H1 2022Recent Developments$835.0 million sale of 36-vessel drybulk fleet completed $784.2 million reduction in liabilitiesPost sale63.8% controlling stake in NSAL 10.3% passive stake in NMMGRAND CAYMAN, Cayman Islands, Sept. 08, 2022 (GLOBE NEWSWIRE) — Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE: NM), a global seaborne shipping and logistics...

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Wallbridge Commissions Updated Detour-Fenelon Gold Trend Resource Estimate and Commences Work on Preliminary Economic Assessment

TORONTO, Sept. 08, 2022 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM, OTCQX:WLBMF) (“Wallbridge” or the “Company”) today announced that it has commissioned an update to the 2021 mineral resource estimate for its flagship Fenelon Gold (“Fenelon”) and Martiniere (“Martiniere”) project (the “2023 MRE”). In addition, the Company has initiated a preliminary economic assessment (“PEA”) of Fenelon. For Fenelon, the 2023 MRE will incorporate data from an additional 100,000 metres of drilling completed since the 2021 MRE, and will focus on optimizing the resource for a predominantly underground bulk mining operation, as opposed to the less selective large open pit approach used in 2021. The 2023 MRE will also include an updated resource for Martiniere, situated 30 km west of Fenelon, where the Company has completed an additional...

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Smart Share Global Limited Announces Second Quarter 2022 Results

Number of POIs1 reached 895 thousand as of the end of the second quarter of 2022POIs operated through network partner model reached 43.2% as of the end of the second quarter of 2022Cumulative registered users2 reached 310.5 million as of the end of the second quarter of 2022 SHANGHAI, China, Sept. 08, 2022 (GLOBE NEWSWIRE) — Smart Share Global Limited (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced its unaudited financial results for the quarter ended June 30, 2022. HIGHLIGHTS FOR THE SECOND QUARTER OF 2022As of June 30, 2022, the Company’s services were available in 895 thousand POIs, compared with 861 thousand as of March 31, 2022. As of June 30, 2022, 43.2% of POIs were operated through our network partner model, compared with 38.9% as of March 31, 2022. As...

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Bilibili Inc. Announces Second Quarter 2022 Financial Results

SHANGHAI, China, Sept. 08, 2022 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the second quarter ended June 30, 2022. Second Quarter 2022 Highlights:Total net revenues reached RMB4.9 billion (US$732.9 million), a 9% increase from the same period in 2021. Average monthly active users (MAUs1) reached 305.7 million, a 29% increase from the same period in 2021. Average daily active users (DAUs1) reached 83.5 million, a 33% increase from the same period in 2021. Average monthly paying users (MPUs2) reached 27.5 million, a 32% increase from the same period in 2021.“Confronting the immense challenges of the macro-environment and COVID-19 lockdowns in the second...

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Endeavour Silver Continues to Intersect Positive Drill Results at the Parral Project

VANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (TSX: EDR, NYSE: EXK) is pleased to report positive drill results from its ongoing drill program at its Parral project in the State of Chihuahua, Mexico. The high-grade silver results show the potential for resource expansion at depth and along strike in the El Verde and Sierra Plata Deep areas along the Veta Colorada structure. Since April of this year, the Company has drilled over 5,300 meters in 23 holes, totaling 8,100 meters year to date, with the aim to define and extend mineralized zones. Considerable exploration potential remains along the 35 square kilometre land package and exploration will be on-going, with additional testing for new discoveries with surface mapping and sampling underway. This program will aid the Company’s goal to...

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Lands’ End Creates Collection With Country Music Icon Blake Shelton

Exclusive new Blake Shelton x Lands’ End styles harmonize comfort and style for the whole family and homeBlake Shelton x Lands’ End Blake Shelton x Lands’ EndDODGEVILLE, Wis., Sept. 08, 2022 (GLOBE NEWSWIRE) — Lands’ End, a classic American lifestyle brand, and Blake Shelton, a country music superstar and television personality, today announce a fall and holiday collection – Blake Shelton x Lands’ End. The collaboration will offer apparel for every member of the family – pets included! – as well as items for the home, grounding itself in familiarity, utility and comfort with nods to passions close to Shelton’s heart. A six-string guitar plaid and a color palette inspired by what home means to Blake – from the blue sky above his Ten Point Ranch to the rich ambers of a great brew – makes this collection...

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Stantec Institute to develop framework to analyze impacts of PFAS on wastewater

The study, sponsored by the National Association of Clean Water Agencies, is the first all-inclusive effort to evaluate the financial impacts of utility management and contaminant treatment strategies EDMONTON, Alberta and NEW YORK, Sept. 08, 2022 (GLOBE NEWSWIRE) — NYSE, TSX: STN The National Association of Clean Water Agencies (NACWA) has selected the Stantec Institute for Water Technology & Policy to develop a cost analysis for estimating the effects of per- and polyfluoroalkyl substances (PFAS) on wastewater and biosolids management across the United States. The project will demonstrate compliance costs and illustrate the potential impacts on the clean water community and its ratepayers. Conclusions will serve as a resource for NACWA subscribers and utilities as well as federal, state, and local legislators and regulators...

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Fancamp Successfully Completes Spring Drill Program at Stoke Intersecting 98 metres of Disseminated Copper Mineralization

Figure 1 Stoke Regional MapFigure 2 Longitudinal Section – Grand Prix and Copper ZonesVANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) — Fancamp Exploration Ltd. (“Fancamp” or the “Corporation”) (TSX Venture Exchange: FNC) is pleased to announce the completion of its spring drilling program at the Stoke Project, situated in the Eastern Townships of Quebec (Figure 1). Notably, this work, representative of over 1,100 metres of drilling, led to the intersection of the widest sulphide mineralization discovered at the project to date, validating the potential the Stoke-Weedon belt provides for the discovery of copper-rich VMS type deposits (refer to press release dated March 22, 2022). Fancamp has drilled a total of 1,119 metres in 3 holes during June, over the Grand Prix and Copper Zone of the Stoke property. This...

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Treasure Global to Participate in the H.C. Wainwright 24th Annual Global Investment Conference on September 12-14, 2022

NEW YORK, Sept. 08, 2022 (GLOBE NEWSWIRE) — Treasure Global Inc (Nasdaq: TGL) (“TGI”, or the “Company”), an innovative e-commerce platform providing seamless payment solutions and rewards programs, today announced that Sam Teo, Chief Executive Officer of TGI, will participate in the H.C. Wainwright 24th Annual Global Investment Conference to be held virtually on September 12-14, 2022. Mr. Teo’s corporate presentation will be available on-demand starting Monday, September 12th at 7:00 a.m. ET for all registrants of the conference. To attend, please register here. For more information about the conference, or to schedule a one-on-one meeting with TGI’s management team, please contact your appropriate H.C. Wainwright representative, or send an email to KCSA Strategic Communications at TGI@kcsa.com. About Treasure Global IncTGI is...

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Newcore Gold Announces Start of Drill Program at the Enchi Gold Project, Ghana

VANCOUVER, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) — Newcore Gold Ltd. (“Newcore” or the “Company”) (TSX-V: NCAU, OTCQX: NCAUF) is pleased to announce the start of a 5,000 metre discovery and resource expansion drill program at the Company’s 100% owned Enchi Gold Project (“Enchi” or the “Project”) in Ghana. Approximately 5,000 metres of drilling is planned and will include both diamond and Reverse Circulation (“RC”) drilling. Diamond drilling will focus on continuing to define the higher-grade sulphide mineralization at depth with a goal of delineating the potential for high-grade underground resources at Enchi. RC drilling will target near-surface oxide and shallow sulphide mineralization with a goal of outlining additional resource growth along strike and depth...

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