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Month: November 2022

Parsons Awarded $49 Million Contract To Support U.S. Army Intelligence S&T Programs

CENTREVILLE, Va., Nov. 30, 2022 (GLOBE NEWSWIRE) — Parsons Corporation (NYSE: PSN) announced today that the US Army Operations and Intelligence Division of the C5ISR Center has selected the company to provide Intelligence Development Enabled Awareness (IDEA) research, development, integration, enhancement, transition, deployment, and sustainment of designated intelligence software systems. The $49 million Responsive Strategic Sourcing for Services (RS3) indefinite-delivery, indefinite-quantity (IDIQ) task order award includes a three-year period of performance and is new work for Parsons. “The RS3 IDEA effort allows us to continue our deep partnership with the Army’s Operations and Intelligence Division, providing leading edge intelligence software solutions to modernize capabilities within Joint All Domain Operations,” said Parker...

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Monarch Announces Private Placement of a Maximum of $5 Million

Not for distribution to U.S. news wire services or dissemination in the United States MONTREAL, Nov. 30, 2022 (GLOBE NEWSWIRE) — MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) announces that it is proceeding with a non-brokered private placement (the “Offering”) of a minimum of 15,384,615 and a maximum of 76,923,077 common shares (the “Shares”) at a price of $0.065 per Share, for a minimum of $1,000,000 and a maximum of $5,000,000 in gross proceeds. The Corporation also reserves the option to increase the size of the Offering by an additional 20% of the maximum amount of the Offering, equivalent to $1,000,000. The Shares will be offered by way of the “accredited investor” and “minimum amount investment” exemptions under National Instrument 45-106 – Prospectus Exemptions (the “National Instrument...

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Triterras Reports Financial Results for the Six Months Ended August 31, 2022

SINGAPORE, Nov. 30, 2022 (GLOBE NEWSWIRE) — Triterras Inc. (OTC Expert Market: TRIRF) (“Triterras” or the “Company”), a leading fintech company focused on trade and trade finance, today reported its financial results for the six-months ended August 31, 2022, representing the first half of the Company’s 2023 fiscal year. Mr. Srinivas Koneru, the Company’s Chairman and Chief Executive Officer commented, “The first half of fiscal year 2023 was clearly very challenging for the Company. Although global trade flows have stabilized, many of our customers, micro-, small- and medium-enterprise traders continue to suffer from reduced availability of, and increased premium rates for, trade credit insurance, reduced liquidity and financial difficulties in the trade finance marketplace, reduced trading activity, and business suspensions and...

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TRX Gold Reports Fourth Quarter and Year-End 2022 Results

Growth Continues at Buckreef Gold TORONTO, Nov. 30, 2022 (GLOBE NEWSWIRE) — TRX Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company” or “TRX Gold”) today reported its results for the fourth quarter (“Q4 2022”) and year end August 31, 2022. Financial results will be available on the Company’s website on November 30, 2022. Key highlights for Q4 and Year Ended 2022 include:A management team that was laser-focused on execution: The TRX Gold team delivered two mill expansions on site at the Buckreef Gold Project. In Q2 2022, Phase 1 of the 1,000 tpd+ mill was commissioned, allowing for an increase in production rates and plant throughput to 360 tonnes per day (“tpd”). Subsequent to year-end, in September 2022 Buckreef Gold announced successful commissioning of the second phase of the mill expansion to 1,000+ tpd. As a result,...

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Automotive Adhesive Tapes Market is Expected to Reach USD $12.1 Billion by 2026 Globally, at a CAGR of 5.9%, says MarketsandMarkets™

Chicago, Nov. 30, 2022 (GLOBE NEWSWIRE) — The global Automotive Adhesive Tapes Market is estimated to be USD 8.5 billion in 2020 and is projected to reach USD 12.1 billion by 2026, at a CAGR of  5.9% between 2020 to 2026, as per the recent study by MarketsandMarkets™, owing to an increase in demand of automotive adhesive tapes in lightweight hybrid vehicles. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=209565940 Browse in-depth TOC on “Automotive Adhesive Tapes Market” 264 – Market Data Tables 52 – Figures 263 – Pages List of Key Players in Automotive Adhesive Tapes Market:3M (US), Nitto Denko Corporation (Japan), Tesa SE (US), Avery Dennison Corporation (US), Lohmann GmbH & Co.KG (Germany), Henkel AG & Co. KGAA (Germany), Sika AG (Switzerland), Intertape...

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Titan Machinery Inc. Announces Results for Fiscal Third Quarter Ended October 31, 2022

– Revenue for Third Quarter of Fiscal 2023 Increased 47.3% to $668.8 million – – Third Quarter of Fiscal 2023 EPS Increased 88% to a Record $1.82 – – Increases Fiscal 2023 EPS Modeling Assumption in Range of $4.55-$4.85 – WEST FARGO, N.D., Nov. 30, 2022 (GLOBE NEWSWIRE) — Titan Machinery Inc. (Nasdaq: TITN), a leading network of full-service agricultural and construction equipment stores, today reported financial results for the fiscal third quarter ended October 31, 2022. David Meyer, Titan Machinery’s Chairman and Chief Executive Officer, stated, “We delivered another consecutive quarter of record financial results, with third quarter earnings per share of $1.82. The ongoing strength of the agriculture sector combined with our customer-centric focus drove consolidated revenue growth...

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Coherent to Present at the 2022 Raymond James Technology Investors Conference

PITTSBURGH, Nov. 30, 2022 (GLOBE NEWSWIRE) — Coherent Corp. (Nasdaq: COHR), a global leader in materials, networking, and laser technology, announced today that the company will present at the following upcoming investor conference: 2022 Raymond James Technology Investors ConferenceDate: Monday, December 5, 2022Time: 2:15 p.m. ETLocation: New York, NYParticipant Mary Jane Raymond, Chief Financial Officer A real-time audio webcast of the presentation can be accessed via the Investor Relations section of the Coherent website at https://www.coherent.com/company/investor-relations/financial-webcasts. A replay of the webcast will be available on the company’s website following the conclusion of the event. About Coherent Coherent empowers market innovators to define the future through breakthrough technologies, from materials...

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Maritime Defense Industry Leader Joins Kraken Board of Directors

ST. JOHN’S, Newfoundland and Labrador, Nov. 30, 2022 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, announces that effective December 1st, Bernard Mills will join the Company’s Board of Directors. Mr. Mills is an internationally experienced executive specializing in defense and critical infrastructure sectors. He will commence, also on December 1st, the role of CEO and Managing Director at Stelia North America, part of the Airbus Group and a leading manufacturer of composites and metallic structures for the aerospace industry.  Previously he held the role of President at Ultra Sonar Systems, leading an international business unit of over 850 staff delivering underwater sensing technologies to the world’s most advanced navies. Earlier in his career, Mr. Mills worked for another...

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Icanic Brands Company Inc. Reports Third Quarter 2022 Financial Results

VANCOUVER, British Columbia, Nov. 30, 2022 (GLOBE NEWSWIRE) — Icanic Brands Company Inc. (CSE: ICAN, OTCQB: ICNAF) (“Icanic Brands” or the “Company”), a multi-state brand operator of premium cannabis brands in California, is pleased to report its financial results for the three and nine months ended September 30th, 2022. All currency references used herein are in United States dollars unless otherwise noted. Financial Highlights:Net sales of $6,990,820 for the three months ended and $22,481,453 for the nine months ended September 30th, 2022, representing an increase in Icanic Brands year over year revenue of 180% and 192% respectively. Gross Profit of $2,056,650 for the three months ended and $7,778,814 for the nine months ended September 30th, 2022. Gross Margin of 29.42% for the three months ended and 34.60% for the nine months...

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GigaCloud Technology Inc Announces Third Quarter 2022 Financial Results

HONG KONG, Nov. 30, 2022 (GLOBE NEWSWIRE) — GigaCloud Technology Inc (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce solutions for large parcel merchandise, today announced its unaudited financial results for the quarter and nine months ended September 30, 2022. Mr. Larry Lei Wu, Founder, Chairman of the Board of Director and Chief Executive Officer of GigaCloud, commented, “We are very pleased to deliver another quarter of healthy growth despite a challenging macroeconomic backdrop. We leverage our technology and ecommerce platform to reach continuing growth in our revenue, GMV and positive operating cash flows. Our revenue grew by approximately 23% in the third quarter of 2022, compared to the third quarter of 2021. During the third quarter of 2022, our GigaCloud 3P GMV continued to...

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