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Day: April 3, 2023

Rubicon Organics Reports Fourth Quarter and Full Year 2022 Financial Results

Achieved Adjusted EBITDA1 of $1.9 million for the year ended December 31, 2022 57% net revenue growth to $35.5 million in 2022 compared to 2021 Achieved operating cash flow of $2.0 million for the year ended December 31, 2022 6.3%2 national market share of premium flower and pre-rolls in 2022VANCOUVER, British Columbia, April 03, 2023 (GLOBE NEWSWIRE) — Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics”, “Rubicon”, or the “Company”), a licensed producer focused on cultivating and selling organic certified, premium cannabis, today reported its financial results for the fourth quarter and year ended December 31, 2022 (“Q4 2022”). All amounts are expressed in Canadian dollars. “Rubicon Organics has achieved significant financial milestones in a fiercely competitive environment, delivering Adjusted EBITDA profitability...

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Titan Reports 2022 Record Year in Production and Cash Flow

VANCOUVER, British Columbia, April 03, 2023 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI) (“Titan” or the “Company“) announces the results for the year ended December 31, 2022. (All amounts are in U.S. dollars unless otherwise stated) Don Taylor, President and Chief Executive Officer of Titan, commented, “Titan finished 2022 with a strong fourth quarter in both safety and production. Costs and grade returned to budgeted levels during the quarter which helped deliver a record 52.2 million payable zinc pounds produced at ESM. The decision to move forward with construction/development at Sphaleros will increase production in the fourth quarter of 2023 and increasingly benefit productivity at the mines as ramp up continues into 2024.” FY 2022 HIGHLIGHTS:Record zinc production of 52.5 million payable pounds, a...

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Summit Financial Group, Inc. Completes Acquisition of PSB Holding Corp. and Subsidiary, Provident State Bank

MOOREFIELD, W.Va., April 03, 2023 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) announces completion, effective April 1, 2023, of the acquisition of PSB Holding Corp. and its subsidiary, Provident State Bank, Inc., headquartered in Preston, Maryland. The former Provident State Bank offices will continue to operate under that name until late-September 2023, after which they will operate under the name Summit Community Bank. About Summit Summit Financial Group, Inc. is the $4.5 billion financial holding company for Summit Community Bank, Inc. Its talented bankers serve commercial and individual clients throughout West Virginia, the Washington, D.C. metropolitan area, Virginia, Kentucky, Eastern Shore of Maryland and Delaware. Summit’s focus on in-market commercial lending and providing other business banking...

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Digihost Announces 2022 Year End Financial Results and Provides Operational Update

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 4, 2022 to its short form base shelf prospectus dated February 23, 2022. HOUSTON, April 03, 2023 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (Nasdaq: DGHI; TSXV: DGHI), an innovative U.S.-based blockchain technology and computer infrastructure company, is pleased to provide a summary of the Company’s audited financial results for the year ended December 31, 2022 (all amounts in U.S. dollars, unless otherwise indicated), and a 2023 year-to-date update on operations. The Company’s audited financial statements and management’s discussion and analysis (“MD&A”) for the year ended December 31, 2022 have been filed and made accessible under the Company’s continuous disclosure...

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Notice of Annual General Meeting of Infant Bacterial Therapeutics

Infant Bacterial Therapeutics AB (publ), Reg. No. 556873-8586, with its registered office in Stockholm, gives notice of the Annual General Meeting to be held on May 8, 2023 at 15.00 CEST at Westmanska Palatset, conference room Bryggarkungen, Holländargatan 17, Stockholm. Right to participate in the Annual General Meeting and notice of participation A shareholder who wishes to participate in the Annual General Meeting must (i) be recorded as a shareholder in the share register maintained by Euroclear Sweden AB relating to the circumstances on April 27, 2023, and (ii) no later than May 2, 2023 give notice by post to Bryggargatan 10, 111 21 Stockholm, Sweden, or via e-mail to ibt@ibtherapeutics.com. When providing such notice, the shareholder shall state name, personal or corporate registration number, address, telephone number and the number...

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Regulatory proposal on the plans to submit a bill allowing for the liquidation and settlement of the IL-Fund

The Minister of Finance and Economic Affairs has presented a regulatory proposal in the government’s consultation portal on the plans to submit to Althingi a bill allowing for the liquidation and settlement of the IL-Fund. The settlement plans are in line with the assessment of the fund’s insolvency, revealed in a report presented by the minister to Parliament last October on the status of the fund. Further information on www.fjr.is 

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Cognac & Brandy Market Size to Hit USD 18.17 Billion by 2029 | Rising Trend of Cocktail Culture to Push Industry Growth

Companies covered in Cognac & Brandy Market are Remy Martin (France), Hennessy LVMH (France) , Pernod Ricard (France), Radico Khaitan Ltd. (India), Naud Spirts & Distillery (France), Emperador Distillers Inc (Philippines) , Suntory (Japan), Meukow Cognac (France) , Thomas Hine & Co. (France) , Maison Ferrand (France), and more players. Pune, India, April 03, 2023 (GLOBE NEWSWIRE) — The global cognac & brandy market size was valued at USD 11.67 billion in 2021 and USD 12.66 billion in 2022. The market is expected to reach USD 18.17 billion by 2029 with a CAGR of 5.30% during the forecast period. Rise in the adoption of cocktail culture along with socialization at bars and restaurants is expected to propel the market course. Preference for premium food and beverage is expected to facilitate market development...

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Ana Riva and Wolf Willems have been selected as independent members of Ignitis Group’s Risk Management and Sustainability Committee

AB “Ignitis grupė” (hereinafter – Group) informs that in the process of expanding and strengthening the competences of the Group Risk Management and Sustainability Committee (hereinafter – the Committee), the Supervisory Board of the Group approved two new independent members. From 1 April, the Committee was joined by Ana Riva and Wolf Willems, professionals with international experience in the fields of risk and environmental management, security and occupational health and safety. They were selected after performing the best in the selection announced at the turn of the year. The new members of the Committee will join the other two members currently working in the Committee, who were delegated by the Supervisory Board of Ignitis Group. “I believe that the new members will bring their competence and expertise to help Ignitis Group continue...

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Ana Riva and Wolf Willems have been selected as independent members of Ignitis Group’s Risk Management and Sustainability Committee

AB “Ignitis grupė” (hereinafter – Group) informs that in the process of expanding and strengthening the competences of the Group Risk Management and Sustainability Committee (hereinafter – the Committee), the Supervisory Board of the Group approved two new independent members. From 1 April, the Committee was joined by Ana Riva and Wolf Willems, professionals with international experience in the fields of risk and environmental management, security and occupational health and safety. They were selected after performing the best in the selection announced at the turn of the year. The new members of the Committee will join the other two members currently working in the Committee, who were delegated by the Supervisory Board of Ignitis Group. “I believe that the new members will bring their competence and expertise to help Ignitis Group continue...

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Zealand Pharma A/S publishes a listing prospectus regarding admission to trading and official listing of 6,578,948 new shares on Nasdaq Copenhagen

Company announcement – No. 13 / 2023 Zealand Pharma A/S publishes a listing prospectus regarding admission to trading and official listing of 6,578,948 new shares on Nasdaq Copenhagen NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA, EXCEPT AS PERMITTED BY APPLICABLE LAW. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN THE UNITED STATES AND THE SECURITIES REFERRED TO HEREIN MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES ABSENT REGISTRATION EXCEPT PURSUANT TO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES ACT; ANY PUBLIC OFFERING OF SUCH SECURITIES TO BE MADE IN THE UNITED STATES WILL BE MADE BY MEANS OF A PROSPECTUS THAT MAY BE OBTAINED FROM THE ISSUER, WHICH WOULD CONTAIN DETAILED...

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