Day: November 16, 2022

OverActive Media Reports Third Quarter 2022 Financial Results

Written by Customer Service on November 16, 2022. Posted in Earnings Releases And Operating Results.

Record Revenue Powered by Growth in Partnerships and Live Events TORONTO, Nov. 16, 2022 (GLOBE NEWSWIRE) — OverActive Media Corp. (“OverActive” or the “Company”) (TSXV: OAM) (OTCQB: OAMCF), a global sports, media, and entertainment company for today’s generation of fans, today released its third quarter results for the three-and nine-month period ended September 30, 2022. Unless otherwise specified, all amounts are in Canadian dollars ($).Total revenues for the quarter grew to $5.8 million driven organically by a 23% increase in business operations revenue due to higher sponsorship and event-related revenue OverActive hosted Canada’s first-ever Overwatch League tournament, the Toronto Defiant Summer Showdown presented by Bell Previously announced partnerships with Bell, TD Bank Group and Zilliqa continue to power growth All OverActive...

ResMed Opens Manufacturing Centre in Singapore, Expanding Manufacturing Footprint to Support Growth, Development, and Production of Digital Health Solutions

Written by Customer Service on November 16, 2022. Posted in Public Companies.

ResMed Tuas Facility Ribbon Cutting From to left to right: Brendan Mullins, Vice President of Manufacturing, ResMed; William Hodgman, Australian High Commissioner to Singapore; Jonathan Kaplan, United States Ambassador to Singapore; Peter Farrell, Chairman, ResMed; Mick Farrell, Chief Executive Officer, ResMed; Mr Tharman Shanmugaratnam, Senior Minister, Singapore; Tan Kong Hwee, Executive Vice President, Economic Development Board; Rob Douglas, President and Chief Operating Officer, ResMed; Andrew Price, President of Global Operations, ResMed; Naji Chalhoub, Vice President of Manufacturing, ResMed.ResMed Tuas Advanced Manufacturing Centre – Front View ResMed Tuas Advanced Manufacturing Centre – Front ViewResMed Tuas Advanced Manufacturing Centre – Rear View ResMed Tuas Advanced Manufacturing Centre – Rear...

CANADA CARBON ANNOUNCES COMPLETION OF A NEW RESOURCE ESTIMATE FOR ITS MILLER PROJECT IN GRENVILLE-SUR-LA-ROUGE, QUEBEC

Written by Customer Service on November 16, 2022. Posted in Public Companies.

Toronto, Ontario, Nov. 16, 2022 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the “Company” or “Canada Carbon” or “CCB”) (TSX-V:CCB),(FF:U7N1) is very pleased to announce an updated Mineral Resource Estimate for its flagship 100% owned Miller Graphite Project located 80 kilometres (“km”) west of Montréal, near Grenville Sur-la-Rouge, Québec. The Resource Estimate was prepared pursuant to Canadian Securities Administrators’ National Instrument 43-101 (“NI 43-101”) by the independent firm SGS Canada Inc. (“SGS”) of Blainville, Quebec. The updated Resource Estimate includes an indicated resource of 3.34Mt (“million tonnes”) with an average grade of 0.75% Cg, and an inferred resource of 10.48Mt with an average grade of 0.72% Cg, within the boundaries of an optimized open pit model. The new pit constrained...

Leonovus Inc. Files Q3 2022 Financial Results

Written by Customer Service on November 16, 2022. Posted in Public Companies.

OTTAWA, Nov. 16, 2022 (GLOBE NEWSWIRE) — Leonovus Inc., (“Leonovus”) (TSXV: LTV) announces the filing of its unaudited Interim Financial Statements and Management Discussion and Analysis (“MD&A”) for the quarter ended September 30, 2022. Our MD&A contains a comprehensive discussion of Leonovus’ financial position and results of operations and is available on SEDAR at www.sedar.com. Amounts are in Canadian dollars. Torozo (www.torozo.com) continues to perform well for customers. A ‘secure inbox’ with a secure mail link was one of two new features added to Torozo over the last few months. The secure inbox provides users with the capability to mail a link for a secure upload from anyone without having to create a Torozo account. ‘Spaces’ was the second new feature added. Spaces provides policy-based capabilities to folders,...

NowVertical Group Reports Record Third Quarter 2022 Financial Results and Announces Appointment of Alim Virani as CFO

Written by Customer Service on November 16, 2022. Posted in Earnings Releases And Operating Results.

Adjusted Revenue was $8.5 million1 in Q3 2022 and $19.2 million1 in the first nine months of 2022, an increase of 789% over Q3 2021 and 648% over the nine months ended September 30, 2021 Pro Forma TTM Adjusted Revenue was $32.7 million1, an increase of nearly ten times over Q3 2021TORONTO, Nov. 16, 2022 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (“NOW” or the “Company”), the vertical intelligence (“VI”) software and solutions company, today announces its financial results for the three and nine months ended September 30, 2022. All figures are in U.S. dollars unless otherwise stated. Selected Pro Forma and Financial HighlightsPro Forma TTM Adjusted Revenue1 – Pro Forma TTM Adjusted Revenue, which includes all acquisitions closed at September 30, 2022, was $32.7M, a nearly ten-fold increase over Q3 2021. Adjusted...

Arabian Entertainment Company, Ltd., a leading food, beverage and entertainment company in Saudi Arabia, enters into Business Combination Agreement with Sagaliam Acquisition Corp. Combined company is expected to trade on NASDAQ

Written by Customer Service on November 16, 2022. Posted in Mergers And Acquisitions.

Arabian Entertainment Company, Ltd. (“AEC”) has entered into a business combination agreement with Sagaliam Acquisition Corp. (NASDAQ: SAGA). The combined company is expected to trade on NASDAQ. AEC’s business model focuses on three complimentary pillars – franchise restaurants, fine dining & entertainment and live entertainment venues – in the MENA region. AEC owns the exclusive rights to the Applebee’s and Ocean Basket franchises in Saudi Arabia. Transaction to provide AEC up to $151.5 million in proceeds including an anticipated $35 million of immediate funding through a PIPE and up to $116.5 million of SPAC cash held in trust, based on a pre-transaction equity value of $379 million. Proceeds will allow AEC to expand its presence in Saudi Arabia and the MENA region and diversify its offerings across the food, beverage and...

LexinFintech Holdings Ltd. Reports Third Quarter 2022 Unaudited Financial Results

Written by Customer Service on November 16, 2022. Posted in Public Companies.

Vintage Charge Off Curve Vintage Charge Off CurveDpd30+/GMV by Performance Windows Dpd30+/GMV by Performance WindowsFirst Payment Default 30+ First Payment Default 30+SHENZHEN, China, Nov. 16, 2022 (GLOBE NEWSWIRE) — LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading online and offline consumption platform and a technology-driven service provider in China, today announced its unaudited financial results for the quarter ended September 30, 2022. “In the third quarter, our total loan originations reached approximately RMB56.2 billion, surpassing our original expectation of RMB53 billion. Other key financial, operational and overall risk level metrics were well on the track of a gradual trajectory of recovery quarter over quarter this year,” said Jay Wenjie Xiao, Lexin’s chairman and chief...

Arvind Krishna Joins Northrop Grumman Board of Directors

Written by Customer Service on November 16, 2022. Posted in Public Companies.

FALLS CHURCH, Va., Nov. 16, 2022 (GLOBE NEWSWIRE) — Northrop Grumman Corporation (NYSE: NOC) announced it has elected Arvind Krishna to its board of directors. Krishna is the chairman and chief executive officer of IBM. “Arvind is a proven business leader and technologist, with deep knowledge of the technology landscape,” said Kathy Warden, chairman, chief executive officer and president, Northrop Grumman. “He brings an important perspective that will be incredibly valuable for our company’s innovation journey and continued growth trajectory.” Krishna became IBM’s CEO in April 2020, and chairman of the board in January 2021. He has held numerous senior leadership positions with IBM. Prior to becoming CEO, Krishna was senior vice president for cloud and cognitive software and he also headed IBM Research. He has led the building...

Euro Manganese Explores Opportunity to Produce Battery-Grade Manganese in North America

Written by Customer Service on November 16, 2022. Posted in Public Companies.

Figure 1. Port of Bécancour and its industrial park, showing location of the high-purity manganese sulfate plant proposed by EMN.VANCOUVER, British Columbia, Nov. 16, 2022 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the “Company” or “EMN”) is pleased to announce it is exploring an opportunity to develop a project to produce high-purity manganese products in Canada for the North American market. HighlightsThe demand for North American high purity manganese is expected to rise to approximately 200,000 tonnes per annum (“tpa”) metal equivalent by 2031, yet there is no current processing capacity and production of battery-grade manganese in North America.A scoping study is underway to evaluate a site in Bécancour, Québec (“the Bécancour...

MJardin Announces Commencement of Sale and Investment Solicitation Process

Written by Customer Service on November 16, 2022. Posted in Public Companies.

TORONTO, Nov. 16, 2022 (GLOBE NEWSWIRE) — MJardin Group, Inc. (OTC: MJARF) (“MJardin”) today announced the commencement of a sale and investment solicitation process (the “SISP”) in respect of the business and assets of MJardin, Growforce Holdings Inc., 8586985 Canada Corporation and Highgrade MJ Corporation (collectively, the “Company”). The SISP will be conducted by KSV Restructuring Inc., in its capacity as Court-appointed monitor of the Company (the “Monitor”), with the assistance of the Company, including Howards Capital Corp. as chief restructuring officer of the Company (the “CRO”). The SISP will be conducted in the context of the Company’s ongoing proceedings under the Companies’ Creditors Arrangement Act (Canada) (the “CCAA”). On June 2, 2022, PricewaterhouseCoopers Inc., in its capacity as receiver and manager (in such...

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Day: November 16, 2022

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