Month: March 2023

Western Forest Products Inc. Announces Release Date of First Quarter 2023 Results and Conference Call Details

Written by Customer Service on March 31, 2023. Posted in Public Companies.

VANCOUVER, British Columbia. , March 31, 2023 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) first quarter 2023 financial and operating results will be released on Wednesday, May 3, 2023. Western will host its first quarter 2023 analyst conference call on Thursday, May 4, 2023 at 12:00 p.m. PDT (3:00 p.m. EDT). Steven Hofer, President and Chief Executive Officer, Stephen Williams, Executive Vice President and Chief Financial Officer and Glen Nontell, Vice President, Corporate Development, will discuss the Company’s first quarter 2023 results followed by a question and answer session with the analyst community. To join the conference call, dial:Toll-free from Canada and the US: 1-800-952-5114From Toronto: 416-340-2217Passcode: 6443863# To access the instant replay of the call, dial:Toll-free...

Delta 9 Reports Year-end Financials for 2022

Written by Customer Service on March 31, 2023. Posted in Earnings Releases And Operating Results.

WINNIPEG, Manitoba, March 31, 2023 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to announce financial and operating results for the three-month and full year ending December 31, 2022. Financial Highlights for the Year Ending December 31, 2022Net revenues of $63.2 million in 2022, an increase of 2% compared to $62.3 million in 2021, including the following revenue segmentation highlights:Retail revenues increased 26% to $52.2 million in 2022 Wholesale revenues decreased 35% to $12.1 million in 2022 Business to business revenues decreased 65% to $1.7 million in 2022Gross profit1 of $12.9 million in 2022 compared to $18.3 million last year. Adjusted EBITDA2 (loss) of $(5.2) million in 2022 compared to an Adjusted EBITDA2 of $2.0 million last year. Loss from Operations...

Belite Bio Reports Full-Year 2022 Operational Highlights and Financial Results

Written by Customer Service on March 31, 2023. Posted in Earnings Releases And Operating Results.

12-month interim data from the ongoing 2-year, Phase 2 Stargardt disease (STGD1) study continues to show halting or slowing of lesion growth; 18-month efficacy and safety update expected during the 2023 Association for Research in Vision and Ophthalmology (ARVO) Annual Meeting on April 25 42 subjects have been enrolled for the pivotal Phase 3 “DRAGON” trial evaluating oral tinlarebant in adolescent STGD1; at least 90 subjects are targeted for enrollment The first patient of the pivotal Phase 3 “PHOENIX” trial in Geographic Atrophy (GA) is expected to be enrolled during mid-2023 Webcast Monday, April 3, 2023, at 4:30 p.m. ETSAN DIEGO, March 31, 2023 (GLOBE NEWSWIRE) — Belite Bio, Inc (NASDAQ: BLTE) (“Belite” or the “Company”), a San Diego based clinical stage biopharmaceutical drug development company targeting eye diseases with...

ABVC BioPharma Announces Fiscal Year 2022 Financial and Operational Results

Written by Customer Service on March 31, 2023. Posted in Earnings Releases And Operating Results.

FREMONT, CA, March 31, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — ABVC BioPharma, Inc. (Nasdaq: ABVC), a biotechnology company specializing in botanically based solutions that seeks to deliver high efficacy and low toxicity to improve health outcomes, today announced its financial and operating results for the fiscal year ended December 31, 2022. Full Year 2022 Financial Results All comparisons are made on a year-over-year basis.Revenues. We generated $969,783 and $355,797 in revenues for the years ended December 31, 2022 and 2021, respectively. The increase of $613,986, or approximately 173%, was primarily caused by the increase in contract services with Rgene. Operating Expenses. Our operating expenses were $15,797,780 in the year ended December 31, 2022, as compared to $12,056,679 in the year ended December 31, 2021....

VERSES Closes Final Tranche of Convertible Debenture Financing for Aggregate Proceeds of C$7.5M

Written by Customer Service on March 31, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, March 31, 2023 (GLOBE NEWSWIRE) — VERSES AI Inc. (NEO:VERS) (OTCQX:VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in the next generation of Artificial Intelligence (AI) solutions, is pleased to announce that further to its news release dated February 27, 2023, March 1, 2023 and March 22, 2023, it has raised additional gross proceeds of C$600,000 under the third and final tranche of its non-brokered private placement (the “Private Placement”) of unsecured convertible debentures units of the Company (“Units”) comprised of Convertible Debentures (as defined herein) and Warrants (as defined herein) through the sale of unsecured convertible debentures of the Company (“Convertible Debentures”) in the principal amount of C$600,000 and 210,000 detachable...

POET Technologies Reports Fourth Quarter 2022 Financial Results

Written by Customer Service on March 31, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, March 31, 2023 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its audited consolidated financial results for the fourth quarter ended December 31, 2022. The Company’s financial results as well as the Management Discussion and Analysis have been filed on SEDAR. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Fourth Quarter and Recent Business Highlights The Company achieved the following during the three months ended December 31, 2022 and more recently:Successfully completed a non-brokered private placement of an aggregate...

Base Carbon Reports Year End 2022 Operating and Financial Results

Written by Customer Service on March 31, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, March 31, 2023 (GLOBE NEWSWIRE) — Base Carbon Inc. (NEO: BCBN) (OTCQX: BCBNF) (“Base Carbon”, or the “Company”) is pleased to announce its year-end 2022 consolidated financial results and operational highlights. All financial references are denominated in U.S. dollars, unless otherwise noted. Annual Corporate and Financial Highlights as of December 31, 2022:Vietnam Household Devices Project: Base Carbon, through its subsidiary, Base Carbon Capital Partners Corp. (“BCCPC”), executed project agreements with in-country partner Sustainability Investment Promotion and Development Joint Stock Company (“SIPCO”) to fund an expected $20.8 million related to the development of a cookstove and water purifier carbon reduction project in Vietnam. Base Carbon facilitated a project offtake agreement between Citigroup Global Markets...

Smart for Life Reports 2022 Financial Results and Provides Business Update

Written by Customer Service on March 31, 2023. Posted in Earnings Releases And Operating Results.

Revenue Increases 96.9% to $17.8 Million for 2022 Reflecting Successful Acquisition Strategy Chairman’s Report on 2023 Outlook Will Be Released Monday, April 3rd at 8:00 a.m. Eastern Time BOCA RATON, Fla., March 31, 2023 (GLOBE NEWSWIRE) — Smart for Life, Inc. (Nasdaq: SMFL) (“Smart for Life” or the “Company”), a high growth global leader in the Health & Wellness sector marketing and manufacturing nutritional foods and supplements worldwide, today announced financial results and provided a business update for the year ended December 31, 2022. “2022 marked a transformative year for Smart for Life as we built a solid foundation through acquisitions, which has positioned us for significant organic growth and improved profitability in 2023,” stated Darren Minton, Smart for Life’s Chief Executive Officer. “We believe our proactive...

Marathon Digital Holdings’ CFO Hugh Gallagher To Retire in May 2023

Written by Customer Service on March 31, 2023. Posted in Public Companies.

FORT LAUDERDALE, Fla., March 31, 2023 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), a leader in supporting and securing the Bitcoin ecosystem, announced that Chief Financial Officer Hugh Gallagher has informed the Company that he intends to retire effective May 12, 2023. The Company has initiated an external search for a new Chief Financial Officer. “I joined Marathon to support the organization through its large expansion plans and to help build the Company’s finance team,” said Hugh Gallagher. “With hash rate growing and becoming more stable and with the team now in a stronger position, I made the decision to retire. I am proud of the progress we made during my tenure, especially given the various challenges the team overcame in 2022. I would like to thank...

Brookfield Renewable to Host First Quarter 2023 Results Conference Call

Written by Customer Service on March 31, 2023. Posted in Public Companies.

BROOKFIELD, News, March 31, 2023 (GLOBE NEWSWIRE) — Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC) (“Brookfield Renewable”) will hold its First Quarter 2023 Conference Call and Webcast on Friday, May 5, 2023 at 8:30 a.m. ET to discuss results and business initiatives. Results will be released on Friday, May 5, 2023 at approximately 7:00 a.m. ET and will be available on our website at https://bep.brookfield.com/ under “Press Releases”. Participants can join by conference call or webcast: Conference CallPlease pre-register for conference call by clicking here Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN. This process will bypass the operator and avoid the queue.WebcastPlease join and register by webcast clicking hereBrookfield Renewable Brookfield Renewable operates one...

Month: March 2023

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