Month: February 2023

Skwlax Resource Management Ltd. growth and success will flourish with sole Little Shuswap Lake Band ownership

Written by Customer Service on February 14, 2023. Posted in Mergers And Acquisitions.

CHASE, British Columbia, Feb. 14, 2023 (GLOBE NEWSWIRE) — Skwlax Resource Management Ltd. announces the transaction for Little Shuswap Lake Band (Skwla̓x te Secwepemcúĺecw) to acquire 100% of the company was completed in October 2022, more than three years ahead of the original target date of sole ownership. Since Skwlax Resource Management Ltd.’s inception, the Little Shuswap Lake Band (LSLB) goal was to create a self-sustaining, leading Indigenous construction company. Skwlax Resource Management Ltd. (SRM) began operations in January 2021 to ensure participation in opportunities within the civil, forestry, and industrial sectors throughout Secwepemcúĺecw. SRM’s mandate is to provide employment, training, and contracting opportunities to LSLB members, surrounding Indigenous communities, and the region. Little Shuswap Lake Band...

UPDATE – Zscaler Announces Industry-First, Integrated SaaS Supply Chain Security Capabilities with the Acquisition of Canonic Security

Written by Customer Service on February 14, 2023. Posted in Mergers And Acquisitions.

New Capabilities Further Expand the Zscaler Zero Trust Exchange™Data Protection Set of Services Enabling Enterprises to Protect Data Being Accessed Through Third-Party Applications and Integrations SAN JOSE, Calif., Feb. 14, 2023 (GLOBE NEWSWIRE) — Zscaler, Inc. . (NASDAQ: ZS), the leader in cloud security, today announced the intent to acquire Canonic Security, a SaaS application security platform innovator. Canonic’s platform is designed to prevent organizations’ growing risks of SaaS supply chain attacks. With the massive migration to the cloud, as organizations are adopting hundreds of SaaS platforms, their users are connecting thousands of third-party applications and browser extensions to their critical SaaS platforms like Atlassian Suite, Microsoft 365, Salesforce, Google Workspace, and Slack without IT’s permission....

Update regarding 2023 guidance

Written by Customer Service on February 14, 2023. Posted in Earnings Releases And Operating Results.

Nanterre, 14 February 2023 Update regarding 2023 guidance Following on from its 2022 results presentation meeting on 9 February, VINCI released its report on the financial statements 2022 on its website on 10 February. At the same time, the Group specified the expected trajectory of its free cash flow. Its outlook for 2023 is therefore as follows: VINCI is going into 2023 with confidence. At this stage, barring any exceptional events, the Group expects further increases – although more limited than in 2022 – in revenue and operating income in 2023. Thus, its net income, despite a substantial increase in financial costs, should be slightly higher than the level achieved in 2022. Following an exceptionally high level of cash inflows from customers at the end of 2022 and given the substantial increase in investments anticipated...

Tecogen Schedules Earnings Release and Conference Call for FY 2022 Results

Written by Customer Service on February 14, 2023. Posted in Earnings Releases And Operating Results.

WALTHAM, MA, Feb. 14, 2023 (GLOBE NEWSWIRE) — via NewMediaWire —Tecogen Inc. (OTCQX: TGEN) will release FY 2022 financial results on Thursday, March 16, 2023. The earnings press release and supplemental earnings call slides will be available on the Company’s website at www.Tecogen.com in the “Investor Relations” section under “Financial Results.” Members of Tecogen’s senior management will hold a conference call and webcast on the same day at 11:00 AM Eastern Time to discuss the Company’s financial performance for FY 2022. Senior management will also discuss the company’s strategy for FY 2023. The conference call will be available live via telephone and webcast. To listen to the audio portion, dial (877) 407-7186 within the US and Canada or (201) 689-8052 from other international...

Renewable Innovations Inc., Expands its Global Reach with New European Joint Venture Targeting Significant Revenue Opportunities

Written by Customer Service on February 14, 2023. Posted in Public Companies.

Lindon, Utah, Feb. 14, 2023 (GLOBE NEWSWIRE) — Renewable Innovations (RI) (OTC: REII), a leader in the zero-carbon, green solutions-alternative fuel industry, today announced the next step in its strategic expansion by aligning its new European operation with Dr. Cristiano Uva. Dr. Uva will be providing strong leadership, key relationships and financial support. After collaborating at length with RI, Dr. Uva has now been entrusted with aiding in the Company’s European expansion. He brings 25 years of diverse legal, financial, and entrepreneurial experience to the business. An attorney by training, he has worked as an antitrust lawyer in the Brussels office of US law firm Coudert Brothers, as well as an in-house regulatory specialist with Goldman Sachs in London and AXA Investment Managers in Paris. Dr. Uva also has nearly 20 years...

Glen Burnie Bancorp Announces Fourth Quarter and Full Year 2022 Results

Written by Customer Service on February 14, 2023. Posted in Earnings Releases And Operating Results.

GLEN BURNIE, Md., Feb. 14, 2023 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today net income of $830,000, or $0.29 per basic and diluted common share for the three-month period ended December 31, 2022, compared to net income of $554,000, or $0.19 per basic and diluted common share for the three-month period ended December 31, 2021. Bancorp reported net income of $1.75 million, or $0.61 per basic and diluted common share for the twelve-month period ended December 31, 2022, compared to $2.52 million, or $0.88 per basic and diluted common share for the same period in 2021. On December 31, 2022, Bancorp had total assets of $381.4 million. Bancorp, the oldest independent commercial bank in Anne Arundel County, paid its 122nd consecutive quarterly...

Electronic Data Interchange (EDI) Software Market is Anticipated to Reach a Value of USD 4.04 Billion by Growing at a CAGR of 11.6% During 2022-2028; Growing Small and Medium Business Adoption to Elevate Market Growth

Written by Customer Service on February 14, 2023. Posted in Mergers And Acquisitions.

The electronic data interchange (EDI) software market research report from SkyQuest carefully explores the dynamics of the business on a global scale, including a detailed examination of current technological developments, novel products, and market potential. The research also offers insightful information on market share, sales, income generation, finance analysis, and the general business climate. Westford, USA, Feb. 14, 2023 (GLOBE NEWSWIRE) — The North America region to remain prominent in the electronic data interchange (EDI) software market by securing the largest market share during the forecast period. The expanding industrial, healthcare, retail, and automotive industries are driving up demand for data exchange solutions. The U.S. is anticipated to grow its share the highest throughout the course of the projection period...

ARC Group Acquires US Private Equity and Advisory Firm Luminous Capital to Strengthen Leadership in Investment Opportunities Between Asian and Western Markets

Written by Customer Service on February 14, 2023. Posted in Mergers And Acquisitions.

ARC Group is an international investment bank and financial services firm headquartered in Shanghai. Established in 2015, ARC Group is a global leader in SPAC and IPO advisory. In 2022, the firm was ranked no.1 in De-SPAC in the U.S. by SPACInsider. NEW YORK, NY, Feb. 14, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — ARC Group, a global leader in M&A and Capital Markets Advisory, has entered into an agreement to acquire a controlling profit-sharing interest in US-based private equity and advisory firm Luminous Capital Inc. (“Luminous”). This strategic acquisition aims to further solidify ARC Group’s position as a leader in global financial advisory and management consulting services through giving them a New York City presence as well as offering additional exposure for their clients and investors to US markets. The transaction...

BitFrontier Capital Holdings, Inc. Finalizes Acquisition of ASICMINERSUS.COM, and Provides Shareholder Update

Written by Customer Service on February 14, 2023. Posted in Mergers And Acquisitions.

CRESTVIEW, FL, Feb. 14, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – BitFrontier Capital Holdings, Inc (OTCMKTS: BFCH) is pleased to announce it has closed the Acquisition of ASICMINERSUS.COM, a company that produced revenue of over 6 million in the 2022 year. Asic Miners US LLC, a Wyoming Based company and now wholly owned subsidiary of BitFrontier Capital Holdings Inc., is a leading distributor of crypto mining hardware and soon will be rolling out hosting facilities for its clients in various states of the USA. President of Asic Miners US Andrew Gilton states, “Current and future BFCH shareholders, being a one stop shop, gives us a distinct advantage over our competitors. Instead of working with one party to source your miner only to reship to a hosting facility, we get our products direct from our factory to our very own Liquid...

NanoXplore Reports Strong Second Quarter Results and Increases Revenue Outlook

Written by Customer Service on February 14, 2023. Posted in Earnings Releases And Operating Results.

MONTREAL, Feb. 14, 2023 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore” or “the Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, reported today financial results for the second quarter ended December 31, 2022. All amounts in this press release are in Canadian dollars, unless otherwise stated. HighlightsRecord quarterly total revenues of $31.7 million in Q2, up 69% compared to Q2 last year Strong improvement in gross margin to 17.8% in Q2 from 7.7% in Q2 last year Adjusted EBITDA* totaled $0.1 million in Q2, an improvement of $3.3 million over Q2 last year Total liquidity of $48.9 million as at December 31, 2022, including cash and cash equivalents of $38.6 million Total long-term debt of $8.6 million as at December 31, 2022 Raising revenue guidance to a range of $115-120 million from $110 million...

Month: February 2023

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