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Year: 2022

JOYY Reports Third Quarter 2022 Unaudited Financial Results

SINGAPORE, Nov. 29, 2022 (GLOBE NEWSWIRE) — JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company,” formerly known as YY Inc.), a global video-based social media company, today announced its unaudited financial results for the third quarter of 2022. Third Quarter 2022 Financial Highlights1Net revenues were US$586.7 million, compared to US$650.5 million in the corresponding period of 2021. Net income from continuing operations attributable to controlling interest of JOYY2 was US$515.3 million, compared to net income of US$7.5 million in the corresponding period of 2021. Non-GAAP net income from continuing operations attributable to controlling interest and common shareholders of JOYY3 was US$76.9 million, compared to non-GAAP net income of US$35.1 million in the corresponding period of 2021, primarily as a result of improved gross margin,...

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Earth Alive Reports Q3 2022 Results

Robust Pipeline Corroborates Strong Revenue Potential For 2023 MONTREAL, Nov. 28, 2022 (GLOBE NEWSWIRE) — Earth Alive Clean Technologies Inc. (TSXV: EAC – “Earth Alive” or the “Company”), a company that develops, manufactures, and distributes state-of-the-art, environmentally-sound proprietary microbial solutions and products, announces today its consolidated financial statements for the third quarter ended September 30, 2022. All amounts are in Canadian dollars unless otherwise indicated. Third Quarter OverviewSales totalled $495,472 in Q3 2022 compared to $828,697 in Q3 2021 Total net loss of $711,760 compared to $764,196 in Q3 2021 Total operating expenses of $872,352 compared to $1,064,773 in Q3 2021 Total R&D expenses totalled $117,057 compared to $17,883 in Q3 2021.“This was a very busy quarter for the Earth Alive...

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Alico, Inc. to Announce Fourth Quarter and Full Year 2022 Financial Results on Tuesday, December 6, 2022

Company to Host Conference Call at 8:30 AM Eastern Time FORT MYERS, Fla., Nov. 28, 2022 (GLOBE NEWSWIRE) — Alico, Inc. (“Alico” or the “Company”) (Nasdaq: ALCO) today announced that the Company will release financial results for the fourth quarter and full year ended September 30, 2022, on Tuesday, December 6, before the market open. The Company will host a conference call to discuss its financial results on December 6, 2022, at 8:30 am Eastern Time. Interested parties may join the conference call by dialing 1-866-365-6878 in the United States and 1-412-542-4149 from outside of the United States. The participant identification to join the conference call is 10170365. A telephone replay will be available on December 6, 2022, approximately two hours after the call concludes, and will be available through December 20, 2022. Listeners...

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Pasithea Therapeutics Postpones Special Meeting until December 9, 2022 at 9:00 AM Eastern Time

MIAMI BEACH, Fla., Nov. 28, 2022 (GLOBE NEWSWIRE) — Pasithea Therapeutics Corp. (Nasdaq: KTTA) (“Pasithea” or the “Company”), a biotechnology company focused on the discovery, research and development of innovative treatments for central nervous system (“CNS”) disorders, today announced that it has postponed its Special Stockholder Meeting (the “Special Meeting”) originally scheduled for November 29, 2022 to allow additional time for stockholder voting proxies (the “Notice”). The Special Meeting will now be held on December 9, 2022 at 9:00 am Eastern Time at One Vanderbilt Avenue, 67th Floor, New York, NY 10017. There have been no changes to the proposals to be voted on at the Special Meeting. The Board of Directors of the Company (the “Board”) has called this Special Meeting of the Company’s stockholders, in response to the formal...

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ThreeD Capital Inc. Releases Results For the Three Months Ended September 30, 2022

TORONTO, Nov. 28, 2022 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce its unaudited results as at and for the three months ended September 30, 2022. As at September 30, 2022, the Company had cash, investments and digital assets of $39.3 million. As at September 30, 2022, net asset value per share was $0.82 as compared to $1.06 as at June 30, 2022. (See “Use of Non-GAAP Financial Measures” elsewhere) Financial Highlights for the three months ending September 30, 2022 with comparatives:Operating Results Three months ended September 30,    2022     2021  Net investment and digital assets gains (losses) $ (10,430,815 ) $ 13,395,404  Operating,...

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Marimaca Files Technical Report on Updated Mineral Resource Estimation

VANCOUVER, British Columbia, Nov. 28, 2022 (GLOBE NEWSWIRE) — Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce that further to its news release dated October 13th, 2022 it has filed a technical report in accordance with Canadian Securities Administrator’s National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) on the Marimaca Copper Project titled “Updated Mineral Resource Estimation for the Marimaca Copper Project, Antofagasta Region, Chile”. The technical report is dated November 28, 2022 with an effective date of October 13th, 2022. The Technical Report is available under the Company’s profile on SEDAR at www.sedar.com. As a result of the completion of this Technical Report, the previous report titled “Preliminary Economic Assessment, Marimaca...

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CE Brands Reports Second Quarter 2023 Financial Results and Restates First Quarter 2023 Financial Information

CALGARY, Alberta, Nov. 28, 2022 (GLOBE NEWSWIRE) — CE Brands Inc. (TSXV: CEBI; CEBI.WT) (“CE Brands”, “we”, “our”, or the “Company”), a data-driven consumer-electronics company, today announced its financial results for the three and six-month period ended September 30, 2022 (“Q2 2023”) ⁽¹⁾. The related condensed interim consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) for Q2 2023 are available on SEDAR at www.sedar.com and on CE Brands’ website at www.cebrands.ca/investors. Q2 2023 Highlights (Compared to Q2 2022)Revenue in the quarter increased 56% to $2.1 million driven by the launch of the moto watch 100. Gross profit improved 13% to $0.5 million.Increased investment, primarily in the marketing, selling and other costs to support revenue growth, netted a loss of $2.1 million, similar...

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Liberty Gold Purchases Historic Black Pine Mine Water Rights, Securing an Additional Water Supply and Further De-Risking its Black Pine Oxide Gold Deposit, Idaho

Figure 1 Claims & PermittingFigure 2 Gravity-Vertical DerivativeVANCOUVER, British Columbia, Nov. 28, 2022 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce that it has purchased and obtained registered title to two historical Black Pine Mine water rights totalling 868.5 acre feet per annum (“AFA”) (~1 million cubic meters per year “m3/yr”). Both rights are registered to the Black Pine Mine Well immediately adjacent to the potential site of a future heap leach pad. Liberty Gold has now secured, through a combination of purchase and long-term lease, an aggregate of 3,202 AFA (~4 million m3/yr) of process water supply, sufficient for any future large-scale mining operation envisioned at Black Pine. This final piece in the Company’s proactive, early-stage...

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Brookfield Infrastructure Renews Its Normal Course Issuer Bids

BROOKFIELD, NEWS, Nov. 28, 2022 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) today announced that the Toronto Stock Exchange (the “TSX”) accepted a notice filed by BIP of its intention to renew its normal course issuer bid for its outstanding limited partnership units (“LP Units”) and its class A preferred limited partnership units (“Preferred Units”, and together with LP Units, “Units”). Brookfield Infrastructure Corporation (“BIPC”) (NYSE/TSX: BIPC) also today announced that the TSX accepted a notice filed by BIPC of its intention to renew its normal course issuer bid for its outstanding class A exchangeable subordinate voting shares (“Exchangeable Shares”). BIP and BIPC believe that if the trading price of Units or Exchangeable Shares, respectively, does not fully reflect their...

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CN Names Ed Harris Chief Operating Officer

MONTREAL, Nov. 28, 2022 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) today announced the appointment of Edmond (Ed) Harris as Executive Vice-President and Chief Operating Officer. Mr. Harris succeeds Rob Reilly, effective immediately. Since April 2022, Mr. Harris, a highly respected industry veteran, has worked closely with the entire CN operations leadership team on the company’s operational and service excellence initiatives, as the team delivered meaningful rail operations performance and customer service improvements. “We are very pleased to be able to leverage Ed’s experience and capabilities as we continue to improve the delivery of safe and reliable freight transportation services to our customers. CN has made strides in improving our operational performance this year, and our team is ready and committed to take...

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