Day: December 29, 2022

Boralex acquires a 50% interest in five wind farms totalling 894 MW in the United States

Written by Customer Service on December 29, 2022. Posted in Mergers And Acquisitions.

Location of the assets The assets are located in Texas and New-MexicoMONTRÉAL, Dec. 29, 2022 (GLOBE NEWSWIRE) — Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX), a leader in renewable energy, today announced it has completed the acquisition of EDF Renewables North America’s (“EDF Renewables”) interest in five operating wind farms with a total installed capacity of 894 megawatts (MW), located in Texas and New Mexico. EDF Renewables’ interest represents 447 MW of installed capacity. With this acquisition, Boralex’s total installed capacity worldwide will increase to 2,956 MW, marking a significant step towards achieving Boralex’s 2025 Strategic Plan. “Located in one of the United States’ most robust wind resources areas, these wind farms will grow and diversify our presence in the United States. This acquisition...

Mercurity Fintech Holding Inc. Reports First Half 2022 Financial Results

Written by Customer Service on December 29, 2022. Posted in Earnings Releases And Operating Results.

NEW YORK, Dec. 29, 2022 (GLOBE NEWSWIRE) — Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a digital fintech group powered by blockchain technology, today announced its unaudited financial results for the six months ended June 30, 2022. First Half 2022 Financial and Operating HighlightsGAAP revenue – First half 2022 GAAP revenues of USD$783,089, compared to revenues of USD$5,864 in first half 2021, reflecting an increase of 13254.18% in GAAP revenue and demonstrating the Company’s enhanced profitability and diversified revenue stream in the six months ended June 30, 2022. GAAP gross loss – First half 2022 GAAP gross loss of USD$508,695, compared to gross profit of USD$5,864 in first half 2021, reflecting...

KULR Technology Group Partners With Theory Racing to Develop Next-Generation E-Bike Batteries

Written by Customer Service on December 29, 2022. Posted in Public Companies.

Company Takes Technological Safety Advancements Derived from NASA-Proven Thermal Solutions to Mountain and City Commuter E-Bikes SAN DIEGO, Dec. 29, 2022 (GLOBE NEWSWIRE) — KULR Technology Group, Inc. (NYSE American: KULR) (the “Company” or “KULR”), a leading energy management platform company accelerating the global transition to a sustainable electrification economy, today announced a partnership with Theory Racing (“Theory”), a leading World Cup Enduro racing team. The partnership with Theory comes on the heels of the Company announcing that it will introduce its all-new modular energy storage platform, KULR ONE, at CES 2023 this January 5-8. KULR ONE is a family of next-generation battery packs bringing a combination of safety, performance, intelligence, modularity and reliability to the world’s...

Platinex Closes Acquisition of the Muskrat Dam Critical Minerals Project and Completes Property Acquisitions at Shining Tree and W2 Projects

Written by Customer Service on December 29, 2022. Posted in Mergers And Acquisitions.

TORONTO, Dec. 29, 2022 (GLOBE NEWSWIRE) — Platinex Inc. (CSE: PTX) (Frankfurt 9PX) (“Platinex” or the “Company”) is pleased to announce that it has closed the previously announced option agreement through which it has the right to acquire a 100% interest in the Muskrat Dam Critical Minerals Project (the “Muskrat Dam Project” or the “Project”) (see press release dated December 14, 2022, for further details). The Muskrat Dam Project is located in Northwestern Ontario, approximately 125 km northeast of Frontier Lithium’s PAK lithium project and 125 km northwest of Newmont’s Musselwhite gold mine. The Project comprises 671 unpatented mining claims over six (6) property blocks, which together cover approximately 12,925 hectares (129.25 km2) in the highly prospective Muskrat Dam Lake (MDGB) and Rottenfish (RGB) greenstone belts. The...

AGF Announces Final Distributions for AGF ETFs for 2022

Written by Customer Service on December 29, 2022. Posted in Dividend Reports And Estimates.

TORONTO, Dec. 29, 2022 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGF) today announced the final December 2022 cash distributions and annual 2022 reinvested capital gains distributions for the AGF ETFs listed on the Toronto Stock Exchange or NEO Exchange. Unitholders of record of an AGF ETF on December 30, 2022 will receive (i) the actual 2022 reinvested capital gains distributions payable in respect of that AGF ETF on December 30, 2022; and (ii) the actual December 2022 cash distributions payable in respect of that AGF ETF on January 6, 2023. The actual taxable amounts for 2022, including the tax characteristics, will be reported in early 2023. The annual reinvested capital gains distributions generally represent realized capital gains within the AGF ETFs and will not be paid in cash, but will be reinvested in the form of a notional...

UPDATE: ALR Technologies Announces Sales Guidance for Q4 2022, Q1 2023, and Completion of the GluCurve Pet CGM Manufacturing Agreement

Written by Customer Service on December 29, 2022. Posted in Public Companies.

SINGAPORE, Dec. 29, 2022 (GLOBE NEWSWIRE) — ALR Technologies SG Ltd. (“ALRT”) (OTCQB:ALRTF), the diabetes management company, today announced the completion of a long-term manufacturing and supply agreement with Infinovo Medical Co. Ltd (“Infinovo”) for the Continuous Glucose Monitor (CGM) hardware used in the GluCurve Pet CGM. The agreement gives ALRT the exclusive global rights to distribute the CGM hardware in the animal health market. Additionally, the Company announces it anticipates December and fourth quarter of 2022 sales to be in the range of $145,000 and $155,000. The Company expects Q1 2023 sales to be in the range of $450,000 to $600,000 with the possibility of an adjustment upwards subject to increased production capacity. “December reflects a turning point for ALRT as we look to close out the fiscal year with our...

Purpose Investments Inc. Announces Final December 2022 Distribution Rate for Purpose Cash Management Fund

Written by Customer Service on December 29, 2022. Posted in Dividend Reports And Estimates.

TORONTO, Dec. 29, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. announced today the final December 2022 distribution rate for Purpose Cash Management Fund. The following table reflects the final distribution amounts. Ex-distribution date is December 30, 2022.Open-End Fund Ticker Symbol Final distribution per unit Record Date Payable Date Distribution FrequencyPurpose Cash Management Fund – ETF Units MNY $0.3696 12/30/2022 01/09/2023 MonthlyAbout Purpose Investments Inc. Purpose Investments Inc. is an asset management company with more than $14 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited,...

Purpose Investments Announces Additional Details for Merger of Purpose Money Market Fund into Purpose High Interest Savings ETF and Stock Split for Purpose US Cash Fund and Purpose Premium Money Market Fund

Written by Customer Service on December 29, 2022. Posted in Mergers And Acquisitions.

TORONTO, Dec. 29, 2022 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) previously announced on November 22, 2022, its proposal to merge Purpose Money Market Fund (“PMT”) into Purpose High Interest Savings ETF (to be renamed Purpose High Interest Savings Fund) (“PSA”) (the “Merger”) on or about January 27, 2023 (the “Effective Date”). As a result of the Merger, holders of Class A units and Class F units of Purpose Money Market Fund will become holders of Class A units and Class F units, respectively, of the Purpose High Interest Savings ETF on the Effective Date. The current holders of ETF units of the Purpose High Interest Savings ETF will not be affected in any way and will continue to hold ETF units of that fund. The net asset value of the newly offered Class A units and Class F units of PSA will be set (and is expected...

H-CYTE Completes Acquisition of SkinDisc™ Regenerative Tissue Kit from Scion Solutions, LLC

Written by Customer Service on December 29, 2022. Posted in Mergers And Acquisitions.

Wound Healing and Limb Salvage Technology Added to Growing Asset PortfolioCompany’s Second Completed Transaction in Four Months TAMPA, Fla., Dec. 29, 2022 (GLOBE NEWSWIRE) — H-CYTE, Inc. (OTCQB: HCYT), a medical biosciences company, announced today that the Company completed its acquisition of SkinDisc™. Highlights:SkinDisc™ acquisition further diversifies H-CYTE’s asset portfolio Early clinical outcomes of SkinDisc™ application demonstrated significant results relative to current treatment options in wound healing and limb salvage Currently in dialogue with the FDA and have a manufacturer established Over 500 patients treated with SkinDisc™ to date Single application can achieve healing in 4-9 weeks H-CYTE will submit a De Novo 510(k) pathway request for SkinDisc™ in the first half of 2023 Equity...

Gilat to Participate in the 25th Annual Needham Growth Conference on January 11, 2023

Written by Customer Service on December 29, 2022. Posted in Public Companies.

PETAH TIKVA, Israel, Dec. 29, 2022 (GLOBE NEWSWIRE) — Gilat Satellite Networks Ltd. (Nasdaq: GILT, TASE: GILT), a worldwide leader in satellite networking technology, solutions, and services, announced today management’s participation in the 25th Annual Needham Growth Conference taking place at the Lotte New York Palace Hotel in New York City. Adi Sfadia, Chief Executive Officer, and Gil Benyamini, Chief Financial Officer, will be available for one-on-one meetings with investors at the conference. The company will give a presentation to conference participants on January 11, 2023, at 8am Eastern Time. To schedule a meeting with management, please contact a Needham representative or email a request to the Gilat investor relations team at gilat@ekgir.com. About Gilat Gilat Satellite Networks Ltd. (NASDAQ: GILT, TASE: GILT)...

Day: December 29, 2022

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