Day: November 18, 2022

Appulse Corporation – Reporting results for the Nine Months ended September 30, 2022

Appulse Corporation – Reporting results for the Nine Months ended September 30, 2022

CALGARY, Alberta, Nov. 18, 2022 (GLOBE NEWSWIRE) — Appulse Corporation (“Appulse”) today reported a net income of $201,000 ($.01per share) for the nine months ended September 30, 2022, with revenues of $7,566,000, compared to a net income of $669,000 ($.05 per share) and revenues of $6,927,000 for the same nine-month period of the previous year. Operating cash flow (net income adjusted for items not involving cash) for the nine-month period ended September 30, 2022, of $744,000 compares to operating cash flow of $1,093,000 for the same period of 2021. Total shareholder’s equity at September 30, 2022, was $6,540,000 compared to $6,176,000 at September 30, 2021. Total part sales and service revenues increased by over 9% compared to the same period of the prior year, while contribution margin growth from these revenue sources was...

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Barrick Announces Pricing Terms of its Tender Offer

Barrick Announces Pricing Terms of its Tender Offer

All amounts expressed in US dollars TORONTO, Nov. 18, 2022 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick,” the “Company” or the “Offeror”) today announced the pricing terms of its previously announced tender offer (the “Offer”) to purchase for cash any and all of its 5.250% Notes due 2042 (the “Notes”). The Offer is being made upon the terms and subject to the conditions set forth in the Offer to Purchase dated November 14, 2022 relating to the Notes (the “Offer to Purchase”) and the accompanying notice of guaranteed delivery (the “Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Tender Offer Documents”). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase. Set forth in the table below is the Total Consideration...

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Vital Battery Metals Lists on OTCQB Venture Market

Vital Battery Metals Lists on OTCQB Venture Market

VANCOUVER, British Columbia, Nov. 18, 2022 (GLOBE NEWSWIRE) — VITAL BATTERY METALS INC. (the “Company” or “Vital”) (CSE: “VBAM”) (FSE: “C0O”) (OTCQB: “VBAMF”) is pleased to announce that it has been approved for trading on the OTCQB Venture Market (“OTCQB”) effective November 18, 2022. The shares trade on the OTCQB under trading symbol “VBAMF”. The Company’s shares will continue to trade on the Canadian Securities Exchange (CSE) under the symbol “VBAM” as well as the Frankfurt Stock Exchange (FSE) under the symbol “C0O”. This U.S. listing will provide the Company with access to a broader base of U.S. and international retail and institutional investors, ultimately providing investors with increased access to data, transparency and liquidity. Investors can find real-time quotes and market information for the Company...

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Avadel Pharmaceuticals Announces Favorable Ruling on Motion to Delist REMS Patent from FDA’s Orange Book

Avadel Pharmaceuticals Announces Favorable Ruling on Motion to Delist REMS Patent from FDA’s Orange Book

– Delisting of REMS Patent sets path to potentially accelerate final approval by FDA DUBLIN, Ireland, Nov. 18, 2022 (GLOBE NEWSWIRE) — Avadel Pharmaceuticals plc (Nasdaq: AVDL), a biopharmaceutical company focused on transforming medicines to transform lives, announced today that the United States District Court for the District of Delaware (the “Delaware Court”) ordered Jazz Pharmaceuticals to delist U.S. Patent No. 8731963 (the “REMS Patent”) from the U.S. Food and Drug Administration’s (“FDA”) Orange Book. With this decision, Avadel seeks to accelerate the FDA’s final approval decision for LUMRYZ™, a once-at-bedtime investigational formulation of sodium oxybate for the treatment of cataplexy or excessive daytime sleepiness (EDS) in adults with narcolepsy. “We are pleased with the court’s decision in favor of delisting...

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Rackspace Technology and NatureSweet Host 17th Annual Food Distribution

Rackspace Technology and NatureSweet Host 17th Annual Food Distribution

500 Households Will Be Served For Thanksgiving SAN ANTONIO, Nov. 18, 2022 (GLOBE NEWSWIRE) — To meet the challenge of ensuring adequate healthy food supplies for the vulnerable families in northeast San Antonio, Rackspace Technology, NatureSweet and the San Antonio Food Bank have teamed up for a Thanksgiving food distribution to hundreds of families. “Our Rackers look forward every year to this opportunity to serve our neighbors and help the San Antonio community,” said Holly Windham, Chief Legal, and People Officer for Rackspace Technology. “We will serve over 500 households through our Food Bank partnership. Celebrating our 17th year of partnership, we are excited to help the Food Bank reach their goal this Thanksgiving.” “Rackspace Technology has been a longstanding partner of the San Antonio Food Bank and we are thrilled NatureSweet...

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Bufab Group: CFO Marcus Söderberg leaves Bufab

Bufab Group: CFO Marcus Söderberg leaves Bufab

PRESS RELEASE, Värnamo 18 November 2022 Marcus Söderberg, Chief Financial Officer (CFO) of Bufab, has today announced that he has decided to leave Bufab for a new position outside the Group. The recruitment process to appoint a new CFO will begin immediately. “During his time as CFO at Bufab, Marcus has played an important role in Bufab´s development and also made a strong contribution to the development of the Group’s finance function. I regret that Marcus has chosen to leave Bufab but would like to take this opportunity to extend him a warm thank you for good cooperation and a valuable contribution to Bufab’s fine development in recent years. I wish him the best of luck in the future”, says Erik Lundén, President and CEO of Bufab. “I am happy and grateful to have had the privilege of contributing to, and...

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Cassava Sciences Announces $50 Million Registered Direct Offering of Common Stock

Cassava Sciences Announces $50 Million Registered Direct Offering of Common Stock

AUSTIN, Texas, Nov. 18, 2022 (GLOBE NEWSWIRE) — Cassava Sciences, Inc. (Nasdaq: SAVA) (the “Company” or “Cassava Sciences”), a clinical-stage biotechnology company focused on Alzheimer’s disease, today announced that it has entered into a definitive agreement with several healthcare-focused and other institutional investors for the purchase of 1,666,667 shares of its common stock, at a purchase price of $30 per share, for gross proceeds of approximately $50 million, in a registered direct offering. The closing of the offering is expected to occur on or about November 22, 2022, subject to the satisfaction of customary closing conditions. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. Cassava Sciences intends to use the net proceeds from this offering for working capital and general corporate...

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POET Technologies Announces Non-Brokered Private Placement

POET Technologies Announces Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 18, 2022 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Corporation“) (TSXV: PTK; NASDAQ: POET) is pleased to announce that it is undertaking a non-brokered private placement of up to 1,798,561 units of the Corporation (the “Units“) at a price of C$3.81 (US$2.78) per Unit, for aggregate gross proceeds of up to approximately C$6.85 million (US$5.0 million) (the “Offering“). Each Unit will be comprised of one common share of the Corporation (each, a “Common Share“) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant“), with each Warrant entitling the holder thereof to purchase one additional Common...

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Franklin Electric to Participate in Credit Suisse 10th Annual Global Industrials Conference

Franklin Electric to Participate in Credit Suisse 10th Annual Global Industrials Conference

FORT WAYNE, Ind., Nov. 18, 2022 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE), a global leader in the production and marketing of systems and components for the movement of water and fuel, announced today that Gregg Sengstack, Chairperson and Chief Executive Officer, will be participating in a fireside chat and will host one-on-one investor meetings at the Credit Suisse 10th Annual Global Industrials Conference on Wednesday, November 30th at 8:00 am ET in Palm Beach, FL. About Franklin Electric Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and fuel. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling...

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Hemp Inc.’s Year to Date Sales Increase 315% Over Last Year

Hemp Inc.’s Year to Date Sales Increase 315% Over Last Year

Las Vegas, NV, Nov. 18, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Hemp Inc. (OTC PINK: HEMP), a leading hemp company committed to providing high-quality, grown in the USA hemp products, reported third quarter financial results for the period ending September 30, 2022. In addition, Hemp, Inc. has been working diligently with OTC Markets in the removal of the “Yield” sign and on November 2, 2022 was successful in getting the Company “Current” per OTC Market guidelines. Total sales for the nine months ended September 30, 2022 increased approximately 315% compared to sales for the nine months ended September 30, 2021. The increase was primarily due to the demand in its CBD products offered through its website KingOfHempUSA.com and continued growth in its industrial oil absorbing products. Hemp, Inc. has manufacturing facilities...

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