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Month: January 2023

Alkaline Fuel Cell Power Corp. Announces Prototype Launch of Jupiter 1.0, a Powerful Fuel Cell System for Homes and Small Buildings, and Management Update

Figure 1 FCP NV development team with completed fuel cell system prototype – Jupiter 1.0Figure 2 Jupiter 1.0 delivering power and heat to appliances and a boilerTORONTO, Jan. 19, 2023 (GLOBE NEWSWIRE) — Alkaline Fuel Cell Power Corp. (NEO: PWWR) (OTCQB:ALKFF) (Frankfurt: 77R, WKN: A3CTYF) (“PWWR” or the “Company”), a diversified investment platform developing affordable, renewable, and reliable energy assets and cleantech, is pleased to announce that its wholly owned Belgium subsidiary, Fuel Cell Power NV (“FCP NV”), has launched the prototype of its micro-combined heat and power (“CHP”) fuel cell, named Jupiter 1.0. “Alkaline Fuel Cell Power is proud to present the prototype of our fuel cell system for homes and small buildings – Jupiter 1.0,” stated Frank Carnevale, Chief Executive Officer of PWWR. “The Jupiter...

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Olink Holding AB (publ) announces pricing of public offering of American Depositary Shares

Uppsala, Sweden, Jan. 18, 2023 (GLOBE NEWSWIRE) — Olink Holding AB (publ) (Nasdaq: OLK) (“Olink” or the “Company”), today announced the pricing of a public offering of 5,831,028 American Depositary Shares, each representing one common share of the Company (the “ADSs”), consisting of 4,250,000 ADSs offered by the Company and 1,581,028 ADSs offered by certain selling shareholders of the Company (the “Selling Shareholders”), at a price to the public of $20.00 per ADS. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 874,654 ADSs from the Company. The Company will not receive any proceeds from the sale of the ADSs by the Selling Shareholders. The offering is expected to close on or about January 23, 2023, subject to the satisfaction of customary closing conditions. Goldman Sachs...

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DMC Global Comments on DynaEnergetics Litigation

BROOMFIELD, Colo., Jan. 18, 2023 (GLOBE NEWSWIRE) — DMC Global Inc. (Nasdaq: BOOM) today announced a jury in the US District Court for the Southern District of Texas (Houston) found that Hunting Titan, Inc. and Hunting Energy Services, Inc. did not infringe DynaEnergetics’ U.S. Patent No. 10,429,161 (“the ‘161 Patent”). However, the jury upheld the validity of the ‘161 Patent. DynaEnergetics is reviewing the ruling and is considering all of its appellate options. While disappointed with the ruling, management is pleased the jury agreed the patent is valid, recognizing that the intellectual property associated with DynaEnergetics’ DynaStage system represents a significant advancement in well perforating technology. “We have established a leadership position in the global perforating industry based on technological innovation,...

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A.I.S. Resources Announces Resignation of Director

VANCOUVER, British Columbia, Jan. 18, 2023 (GLOBE NEWSWIRE) — A.I.S. Resources Limited (TSXV: AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces that Phillip Thomas has resigned from the board of directors effective January 17, 2023. Mr. Thomas will continue to provide consulting services to the Company. The Company would like to thank Mr. Thomas for his contribution and wishes him well in his future endeavours. About A.I.S. Resources LimitedA.I.S. Resources Limited is a publicly traded investment issuer listed on the TSX Venture Exchange focused on lithium, gold, precious and base metals exploration. AIS’ value add strategy is to acquire prospective exploration projects and enhance their value by better defining the mineral resource with a view to attracting joint venture partners and enhancing the value of our portfolio. The...

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Inspirato Announces Plan to Streamline Operations

DENVER, Jan. 18, 2023 (GLOBE NEWSWIRE) — Inspirato Incorporated (“Inspirato” or the “Company”) (NASDAQ: ISPO), the innovative luxury travel subscription brand, today announced a plan to streamline operations. The plan includes a workforce reduction, effective immediately, that impacts approximately 12% of the Company’s current staff. Moving forward, Inspirato’s headcount consists of more than 800 dedicated hospitality professionals, an increase of over 300 employees compared to December 2020.  “We took this step to help reduce costs as we manage Inspirato responsibly in the face of ongoing macroeconomic uncertainty,” said Brent Handler, Inspirato’s Co-Founder and Chief Executive Officer. “While we regret saying goodbye to this talented group of colleagues, we believe that the long-term opportunity for Inspirato remains strong....

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B2Gold Reports Total Gold Production for Q4 2022 of 367,870 oz, a Quarterly Record for B2Gold; Total Gold Production for FY 2022 of 1,027,874 oz, at the Upper Half of 2022 Guidance; 2023 Total Gold Production Guidance of 1,000,000 to 1,080,000 oz; Capital Investment Program in 2023 to Support Next Phase of Growth at Fekola

VANCOUVER, British Columbia, Jan. 18, 2023 (GLOBE NEWSWIRE) — B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce its gold production and gold revenue for the fourth quarter and full year 2022, in addition to its production and cost guidance for 2023. All dollar figures are in United States dollars unless otherwise indicated. Fourth Quarter and Full Year 2022 HighlightsTotal gold production quarterly record in Q4 2022: Total gold production in the fourth quarter of 2022 of 367,870 ounces, including 15,101 ounces of attributable production from Calibre Mining Corp. (“Calibre”), a quarterly production record for B2Gold.Achieved upper half of 2022 annual gold production guidance: Total gold production for 2022 of 1,027,874 ounces (including 54,871 ounces of attributable production...

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FTI Consulting Expands Economic Consulting Segment in Hong Kong with Appointment of Edwina Tam

HONG KONG, Jan. 18, 2023 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointment of Edwina Tam as a Senior Managing Director in the firm’s Economic Consulting segment in Hong Kong. Ms. Tam brings more than 20 years of experience advising on all aspects of litigation and complex disputes, including assessing risk and damages exposure, business valuation and damage quantification. At FTI Consulting, she will focus on developing the firm’s valuation services in contentious and non-contentious matters, particularly in the Greater China region. James Nicholson, a Senior Managing Director and Head of Asia Economic Consulting at FTI Consulting, said, “Edwina brings an ability to lead high-stakes valuation projects to our team and adds an extra dimension to our market-leading offering in expert witness loss...

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Delta 9 Provides Guidance & Timing for Year End 2022 Results

WINNIPEG, Manitoba, Jan. 18, 2023 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”), is pleased to provide guidance on select fourth quarter and year end results for the period ending December 31, 2022, based on preliminary results:The Company anticipates net revenues for the three-month period ending December 31, 2022, to be between $17.2 million and $17.7 million. This compares with:$17.1 million for the same period in 2021. $15.7 million sequentially from the third quarter of 2022.The Company anticipates net revenues for the year ending December 31, 2022, to be between $62.9 million and $63.4 million, compared to $62.3 million for the same period in the prior year.“We are anticipating reporting year-over-year and sequential revenue increases for the...

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Fidelity D & D Bancorp, Inc. First Quarter 2023 Dividend

DUNMORE, Pa., Jan. 18, 2023 (GLOBE NEWSWIRE) — The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s 2023 first quarter dividend of $0.36 per share, a 9% increase above the prior year’s first quarter dividend paid of $0.33 per share. The dividend is payable March 10, 2023 to shareholders of record at the close of business on February 17, 2023. Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne, Northampton, and Lehigh Counties through The Fidelity Deposit and Discount Bank’s 21 full-service community banking offices, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County. Fidelity Bank provides a digital and virtual experience via digital services and digital account...

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Gorilla Technology Group Completes Asset Acquisition of SeeQuestor

Acquisition enriches Gorilla’s solution capabilities and elevates its industrial position TAIPEI, Taiwan and NEW YORK, Jan. 18, 2023 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI based edge video analytics, IoT technologies, and cybersecurity, today announced it has completed the acquisition of the tech stack of SeeQuestor Limited (“SeeQuestor”), a global provider of video analytics technology. The completion of this strategic and highly complementary acquisition of SeeQuestor’s technology will accelerate the delivery of hybrid video analytics at the edge across the industry and enable Gorilla to offer more integrated services and thus obtain stronger competitive advantage. “The acquisition brings together SeeQuestor’s best-in-class real-time and post-event analytics and Gorilla’s...

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