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Year: 2022

Brunswick Exploration Options Potential Extension to Allkem’s James Bay Lithium Deposit

MONTREAL, Nov. 28, 2022 (GLOBE NEWSWIRE) — Brunswick Exploration Inc. (TSX-V:BRW; “BRW” or the “Company”) is pleased to announce it has signed an option agreement with Osisko Development Corp. (TSX-V: ODV) to acquire a 90% interest in the Anatacau Property (the “Property”) located in the James Bay-Eeyou Istchee region of Quebec and which is host to lithium mineralization. Furthermore, one block of the Anatacau property is located just east of Allkem’s (TSX: AKE) James Bay Lithium deposit (previously known as the Cyr deposit). Mr. Killian Charles, President of BRW, commented: “The addition of the Anatacau Property marks another exciting turning point for Brunswick Exploration. The Property covers 370 square kilometres, of which the western block is located just east of one of Canada’s largest hard rock lithium reserves. The Property...

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Asante Completes Final Payment for the Bibiani Gold Mine

VANCOUVER, British Columbia, Nov. 28, 2022 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE:ASE | GSE:ASG | FRANKFURT:1A9 | U.S.OTC:ASGOF) (“Asante” or the “Company”) is pleased to announce that the Company has completed the final payment to Resolute Mining Limited (“Resolute”) pursuant to an amendment letter agreement that was signed on August 24, 2022 (see press release dated August 31, 2022). The amendment provided for a 90-day extension of time for the final tranche deferred payment of US$30 million in connection with the US$90 million acquisition of Mensin Gold Bibiani Limited, which subsidiary company owns a 90% interest in the Bibiani Gold Mine (“Bibiani”). The revised payment terms included payment of US$10 million on or before September 19, 2022 (completed), US$10 million on or before October 19, 2022 (completed) and the...

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Anavex Life Sciences Reports Fiscal 2022 Year End Financial Results and Provides Business Update

Company to host a webcast today at 8:30 a.m. Eastern Time NEW YORK, Nov. 28, 2022 (GLOBE NEWSWIRE) — Anavex Life Sciences Corp. (“Anavex” or the “Company”) (Nasdaq: AVXL), a clinical-stage biopharmaceutical company developing differentiated therapeutics for the treatment of neurodegenerative and neurodevelopmental disorders including Alzheimer’s disease, Parkinson’s disease, Rett syndrome and other central nervous system (CNS) diseases, today reported financial results for its fiscal year ended September 30, 2022. “This is an exciting time in neuroscience and rare disease drug development and we remain on track for the readout of the placebo-controlled ANAVEX®2-73 Phase 2b/3 Alzheimer’s disease clinical trial, a condition of significant unmet need and economic burden for which there are only limited approved pharmacological treatment...

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Denarius Metals Announces Third Quarter and First Nine Months 2022 Results

TORONTO, Nov. 28, 2022 (GLOBE NEWSWIRE) — Denarius Metals Corp. (“Denarius Metals” or “the Company”) (TSXV: DSLV; OTCQB: DNRSF) announced today that it has filed its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the three and nine months ended September 30, 2022. These documents can be found on its website at www.denariusmetals.com and by reviewing its profile on SEDAR at www.sedar.com. All financial figures contained herein are expressed in U.S. dollars unless otherwise noted. Commenting on the third quarter and first nine months 2022 results, Serafino Iacono, Chairman and Chief Executive Officer of Denarius Metals, stated, “We are continuing to execute our strategy to create a producer of copper, zinc, lead, silver and gold from high-grade projects...

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HEMPSANA Announces Q3 2022 Financial Results

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Nov. 28, 2022 (GLOBE NEWSWIRE) — Hempsana Holdings Ltd. (the “Company” or “Hempsana”) today announced three and nine months financial results for the period ended September 30, 2022. Randy Ko, Hempsana’s CEO commented: “Our team remains focused on leading the market in the manufacturing and distribution of rare cannabinoids to support product development cycles with many of the major consumer brand leaders in Canada. Our management team continues to keep their ears to the ground on consumer data driven insights, innovation and brand development as we continue to expand on our strategic partnership program to bring unique products to market....

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Viridian Therapeutics To Participate In The Evercore ISI HealthCONx Conference

WALTHAM, Mass., Nov. 28, 2022 (GLOBE NEWSWIRE) — Viridian Therapeutics, Inc. (NASDAQ: VRDN), a biotechnology company advancing new treatments for patients suffering from serious diseases underserved by current therapies, today announced that senior management will participate in the 5th Annual Evercore ISI HealthCONx Conference on Thursday, December 1, 2022.   Evercore ISI HealthCONx ConferenceFormat:         Fireside Chat  Date:             December 1, 2022    Time:  10:30 a.m. ETThe live webcast of the fireside chat will be accessible under “Events and Presentations” within “News and Events” on the Investors section of the Viridian website at viridiantherapeutics.com. A replay of the webcast will be available on the Company’s website after the event. About Viridian Therapeutics Viridian Therapeutics is a...

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Vigil Neuroscience to Host ALSP KOL Event on December 6, 2022

CAMBRIDGE, Mass., Nov. 28, 2022 (GLOBE NEWSWIRE) — Vigil Neuroscience, Inc. (Nasdaq: VIGL), a clinical-stage biotechnology company committed to harnessing the power of microglia for the treatment of neurodegenerative diseases, today announced that the Company will host an adult-onset leukoencephalopathy with axonal spheroids and pigmented glia (ALSP) Key Opinion Leader (KOL) event for the investment community in New York City on Tuesday, December 6, 2022, from 8:30 a.m. – 11:30 a.m. ET. The event will provide further details on the ALSP disease background, epidemiology and patient journey. In addition, the Company plans to present the VGL101 Phase 2 trial design and objectives as well as interim MRI data from Illuminate, the ongoing natural history study. The Vigil management team will be joined by:David S. Lynch, MD, PhD, Consultant...

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Treasure Global Launches ZCITY App Campaign With Leading Retail Petroleum Company In Malaysia

Campaign Allows App Users To Spend And Become Eligible To Win Six Months Free Petrol In Malaysia NEW YORK and KUALA LUMPUR, Malaysia, Nov. 28, 2022 (GLOBE NEWSWIRE) — Treasure Global Inc (NASDAQ: TGL) (“TGI” or the “Company”), an innovative e-commerce platform providing seamless payment solutions and rewards programs, today announced that it has launched a campaign with the leading retail petroleum company in Malaysia, through its proprietary application, ZCITY, to provide users with the chance to win six months of complimentary fuel when they spend through the ZCITY App. The campaign, which will run through December 31, 2022, allows users who spend a minimum of RM30 on ZCITY e-Vouchers for this retailer’s petrol to go in the drawing to be one of the 60 winners to win free fuel for six months. The Company will select 20 winners...

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PDD Announces Third Quarter 2022 Unaudited Financial Results

SHANGHAI, Nov. 28, 2022 (GLOBE NEWSWIRE) — PDD (the “Company”) (NASDAQ: PDD), today announced its unaudited financial results for the third quarter ended September 30, 2022. Third Quarter 2022 HighlightsTotal revenues in the quarter were RMB35,504.3 million (US$1 4,991.1 million), an increase of 65% from RMB21,505.8 million in the same quarter of 2021.Operating profit in the quarter was RMB10,436.6 million (US$1,467.2 million), an increase of 388% from RMB2,139.3 million in the same quarter of 2021. Non-GAAP2 operating profit in the quarter was RMB12,301.5 million (US$1,729.3 million), an increase of 277% from RMB3,260.7 million in the same quarter of 2021.Net income attributable to ordinary shareholders in the quarter was RMB10,588.6 million (US$1,488.5 million), an increase of 546% from RMB1,640.0 million in the same quarter...

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H World Group Limited Reports Third Quarter of 2022 Unaudited Financial Results

A total of 8,402 hotels or 797,489 hotel rooms in operation as of September 30, 2022. Hotel turnover1 increased 24.4% year-over-year to RMB15.2 billion in the third quarter of 2022. Excluding Steigenberger Hotels AG and its subsidiaries (“DH”, or “Legacy-DH”), hotel turnover increased 21.6% year-over-year in the third quarter of 2022. Revenue increased 16.2% year-over-year to RMB4.1 billion (US$575 million)2 in the third quarter of 2022, in line with the revenue guidance previously announced of a 13% to 17% increase compared to the third quarter of 2021. Revenue from the Legacy-Huazhu segment in the third quarter of 2022 increased 7.7% year-over-year, in line with revenue guidance previously announced of a 5% to 9% increase. Net loss attributable to H World Group Limited was RMB717 million (US$101 million) in the third quarter of 2022,...

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