Middlefield Concludes ETF Risk Rating Review

Written by Customer Service on March 16, 2023. Posted in Public Companies.

TORONTO, March 16, 2023 (GLOBE NEWSWIRE) — Middlefield Group (“Middlefield”) announced today that it has concluded the risk rating review of its Exchange Traded Funds (“ETFs”). The risk rating of Middlefield Innovation Dividend ETF (the “Fund”) (TSX:MINN) has been increased from Medium to Medium-to-High, which is reflected in the Prospectus and Fund Facts dated March 16, 2023. The risk rating change is effective immediately and is based on the risk classification methodology mandated by the Canadian Securities Administrators, in accordance with National Instrument 81-102 Investment Funds. Middlefield reviews the risk rating of the ETFs it manages at least on an annual basis, as well as when a fund undergoes a material change. This change is not the result of any changes to the investment objectives, strategies, or management of...

Hallador Energy Company Reports Full-Year 2022 Financial and Operating Results

Written by Customer Service on March 16, 2023. Posted in Earnings Releases And Operating Results.

TERRE HAUTE, Ind., March 16, 2023 (GLOBE NEWSWIRE) — Hallador Energy Company (NASDAQ – HNRG) today reported net income of $18.1 million, $0.57 per share for the full year 2022. Brent Bilsland, President and Chief Executive Officer, stated, “2022 was a transformational year for Hallador. The market price for coal approached all-time highs.  We were successful in signing 2.2 million tons of new coal sales contracts at an average price of approximately $125 per ton in the summer of 2022, of which a small percentage of deliveries were completed in 2022 and will continue through 2025, with the majority contracted to be delivered in 2023. We are tremendously excited about the future of our company as shipments of higher priced coal increase, the benefits of the Merom acquisition ramp up and our debt leverage ratio continues...

Maxim Power Corp. Reports Strong Earnings with Revenue of $141 million and Net Income of $42 million in 2022

Written by Customer Service on March 16, 2023. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the fourth quarter ended December 31, 2022. The audited condensed consolidated financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM’s website on March 16, 2023. All figures reported herein are Canadian dollars unless otherwise stated. FINANCIAL HIGHLIGHTS Three Months Ended December 31, Twelve Months EndedDecember 31, ($ in thousands except per share amounts) 2022 2021 2022 2021 Revenue – 37,418 141,263 156,014 Net income (loss) (7,156) 4,402 42,277 78,509 Earnings (loss) per share – basic (0.14) 0.09 0.84 1.57 Earnings...

Northern Genesis Acquisition Corp. III Announces Redemption of Public Shares and Subsequent Dissolution

Written by Customer Service on March 16, 2023. Posted in Public Companies.

Kansas City, MO, March 16, 2023 (GLOBE NEWSWIRE) — Northern Genesis Acquisition Corp. III (the “Company”) (NYSE: NGC.U; NGC; NGC.WS) today announced that it will redeem all of its outstanding shares of common stock that were included in the units issued in its initial public offering (the “public shares”), effective as of the close of business on March 27, 2023, as the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the “Charter”). Pursuant to its Charter, if the Company does not complete its initial business combination by March 26, 2023, then the Company will: (i) cease all operations except for the purpose of winding up, (ii) redeem the public shares within ten business days thereafter, at a per-share price, payable in cash,...

Novartis Tafinlar + Mekinist approved by FDA for pediatric patients with BRAF V600E low-grade glioma, the most common pediatric brain cancer

Written by Customer Service on March 16, 2023. Posted in Public Companies.

New approval based on TADPOLE trial showing overall response rate (ORR) of 47% and median progression-free survival (mPFS) of 20.1 months for Tafinlar + Mekinist compared to 11% ORR and 7.4 months mPFS for standard of care1,2 Approval also received for liquid formulation options for ease of administration across multiple approved indications Tafinlar + Mekinist is now approved in six indications across multiple BRAF V600E solid tumors, including melanoma, thyroid cancer and lung cancer1,2 Basel, March 16, 2023 — Novartis today announced the U.S. Food and Drug Administration (FDA) granted approval for Tafinlar® (dabrafenib) + Mekinist® (trametinib) for the treatment of pediatric patients 1 year of age and older with low-grade glioma (LGG) with a BRAF V600E mutation who require systemic therapy. The FDA also approved liquid formulations...

Melcor Developments announces results for 2022, declares $0.16 per share dividend and appoints Naomi Stefura as COO

Written by Customer Service on March 16, 2023. Posted in Earnings Releases And Operating Results.

EDMONTON, Alberta, March 16, 2023 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year ended December 31, 2022. Revenue decreased by 23% to $241.75 million in 2022 compared to a record high of $315.63 million in 2021. Net income was up 59% to $89.35 million or $2.75 per share (basic) in 2022, compared to $56.31 million or $1.70 per share (basic) in 2021. Net income is impacted by non-cash items including fair value adjustments on REIT units and investment properties. These fair value adjustments are due to market factors outside management’s control and that is why management prefers funds from operations (FFO)(1). FFO per share was down 24% to $1.88...

Marathon Digital Holdings Reports Fourth Quarter and Fiscal Year 2022 Results

Written by Customer Service on March 16, 2023. Posted in Earnings Releases And Operating Results.

FORT LAUDERDALE, Fla., March 16, 2023 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), a leader in supporting and securing the Bitcoin ecosystem, reported its financial and operational results for the fourth quarter and fiscal year 2022 ended December 31, 2022. Fiscal Year 2022 Financial ResultsThe Company recorded a net loss of $(686.7) million, or $(6.05) per share, during the fiscal year ended December 31, 2022, compared to a net loss of $(37.1) million, or $(0.37) per share, in the prior-year period ended December 31, 2021. Unfavorable variances during the year compared to the prior year included: A fourth quarter impairment charge related to the carrying value of mining rigs and advances to vendors of $332.9 million. Declines in the carrying value of our digital assets (both impairments...

BW Energy: Golfinho transactions proceeds towards closing

Written by Customer Service on March 16, 2023. Posted in Public Companies.

Golfinho transactions proceeds towards closing With reference to the stock exchange announcement published on 2 March 2023, BW Energy has today been informed that the work related to the Golfinho transactions can be restarted. BW Energy will now continue to prepare for the closing of its acquisition of a 100% operated working interest (WI) in the Golfinho and Camarupim Clusters and 65% WI in the BM-ES-23 block from Petrobras, as well as taking over the FPSO Cidade de Vitoria from Saipem. This preparation work includes progressing relevant approvals from the Brazilian authorities, operational preparedness, field development planning and build-up of the local BW Energy organization. Closing the field transaction and FPSO takeover is subject to fulfilment or waiver of conditions precedent and the restart of the FPSO after upgrades required...

GOGL – Filing of 2022 Annual Report on Form 20-F

Written by Customer Service on March 16, 2023. Posted in Public Companies.

Golden Ocean Group Limited (NASDAQ and OSE: GOGL) (the “Company”) announces that its annual report on Form 20-F for the year ended December 31, 2022 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through the Company’s website, www.goldenocean.bm, or in the link below. The Annual Report is also available on the website of the Commission, www.sec.gov. Shareholders may also request a hard copy of the Annual Report, which includes the Company’s complete 2022 audited financial statements, by contacting the Investor Relations department. Golden Ocean Group LimitedHamilton, BermudaMarch 16, 2023 Contact Person: Peder Simonsen: Chief Financial Officer, Golden Ocean Management AS +47 22 01 73 40 This information is subject to the disclosure requirements...

Logiq Terminates Share Purchase Agreement with Ionic Ventures and Withdraws Registration Statement

Written by Customer Service on March 16, 2023. Posted in Public Companies.

NEW YORK, March 16, 2023 (GLOBE NEWSWIRE) — Logiq, Inc. (OTC:LGIQ), a leading provider of digital consumer acquisition solutions, has today announced the termination of its stock purchase agreement with Ionic Ventures and withdrawal of its S-1 financing facility. Logiq CEO, Brent Suen, stated: “We plan to embark on a decisive path of mergers and acquisitions, given that there is an amazing opportunity to increase our size, presence and revenue profile this year.” About LogiqLogiq Inc. is a U.S.-based provider of e-commerce and digital customer acquisition solutions by simplifying digital advertising. It provides data-driven, end-to-end marketing through its results solution or providing software to access data by activating campaigns across multiple channels. The company’s Digital Marketing business includes a holistic, self-serve...

Day: March 16, 2023

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