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Day: April 3, 2023

Inventus Announces New Director, Advisor and Pardo Update

TORONTO, April 03, 2023 (GLOBE NEWSWIRE) — Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to announce that Mr. Perry Ing, CA, CPA, CFA, has joined the Board of Directors. Perry is an accomplished executive who has served as the Chief Financial Officer of several high-profile mining companies including Kirkland Lake Gold (acquired by Agnico Eagle in 2022), Mountain Province Diamonds Inc. (TSX:MPVD); and currently serves as CFO of McEwen Mining Inc. (NYSE/TSX:MUX). Perry brings a wealth of knowledge from his involvement in large gold and diamond mining operations and numerous corporate transactions. Perry owns 4 million shares and 2 million warrants of Inventus. Concurrent with Perry’s appointment, Mr. Scott Heatherington has retired from the Board. We would like to thank Scott very much for his...

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Hexagon Purus ASA: Award of restricted share units and performance share units – notification of trade

Hexagon Purus ASA (“Purus” or “the Group”) has decided to provisionally award up to 132,702 Restricted Share Units (“RSUs”) and 1,804,312 Performance Share Units (“PSUs”, collectively, the “Units”) which may result in an award of maximum 3,741,326 shares to executive management and other leading employees of the Group under the 2023 Long-Term Incentive Program (the “LTIP”). The purpose of the program is to align the interests of the participants with those of the Company’s shareholders. The number of shares the participants may receive under the PSUs depends on the share price development of the Purus share and is capped at 3,608,624 shares. Each vested PSU will give the holder the right to receive up to two shares in the Company, and each vested RSU will give...

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Advantage Solutions Names Jim Kilts Chairman of the Board of Directors

Jim Kilts Chairman of the Board of Directors Advantage SolutionsIRVINE, Calif., April 03, 2023 (GLOBE NEWSWIRE) — The board of directors of Advantage Solutions Inc. (NASDAQ: ADV), a leading provider of outsourced sales and marketing services to consumer goods manufacturers and retailers, last week unanimously voted to appoint Jim Kilts to the role of chairman of the board of directors, effective March 31, 2023. Kilts previously held the position prior to former CEO Tanya Domier’s appointment as the board’s executive chair. Domier resigned from the role as of March 31, 2023, concurrent with her retirement from Advantage Solutions. Kilts is a founding partner of Centerview Capital Consumer, a strategic investment firm that has held an ownership interest in Advantage Solutions since 2014. He served as a member of the board of directors...

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Scorpio Tankers Inc. Announces Repurchases of Its Common Shares

MONACO, April 03, 2023 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that it has repurchased its common shares in the open market. Recently, the Company purchased 1,269,864 of its common shares in the open market at an average price of $54.30 per share as part of the Company’s securities repurchase program. Since January 1, 2023, the Company has repurchased 3,161,167 common shares in the open market for $164.0 million and currently has 59,900,921 issued and outstanding. Scorpio Tankers has $181.0 million available under its current Securities Repurchase Program. About Scorpio Tankers Inc. Scorpio Tankers Inc. is a provider of marine transportation of petroleum products worldwide. Scorpio Tankers Inc. currently owns, lease finances or bareboat charters-in 113 product tankers...

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TSS, Inc. Reports Fourth Quarter and Fiscal 2022 Results

ROUND ROCK, Texas, April 03, 2023 (GLOBE NEWSWIRE) — TSS, Inc. (Other OTC: TSSI), a data center facilities and technology services company, reported results for its fourth quarter and fiscal year ended December 31, 2022. Fourth Quarter Highlights (unaudited):Fourth quarter 2022 revenue of $10.9 million compared with $14.6 million in the fourth quarter of 2021. Reseller revenues were $7.6 million in the fourth quarter of 2022 compared to $11.7 million in the fourth quarter of 2021. Gross margin of 18% in the fourth quarter of 2022 compared with 12% in the fourth quarter of 2021. Operating loss of $723,000 in the fourth quarter of 2022 compared to an operating loss of $100,000 in the fourth quarter of 2021. Included in the 2022 results are one-time costs of $581,000 associated with the change in chief executive officer during the...

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SPX Technologies Announces Acquisition of TAMCO

Expands Position in Engineered Air Movement;Accretive to HVAC Segment Growth and Margin CHARLOTTE, N.C., April 03, 2023 (GLOBE NEWSWIRE) — SPX Technologies Inc. (NYSE:SPXC) (“SPX Technologies” or the “Company”) announced today that it has acquired privately held TAMCO for approximately CA$170 million (approximately US$125 million) in cash. Headquartered in Smiths Falls, Ontario, Canada, TAMCO is a market leader in motorized and non-motorized dampers that control airflow in large-scale specialty applications in commercial, industrial, and institutional markets. TAMCO, which has operations in Canada and the US, is well-known for its eco-friendly solutions, which provide very low levels of air leakage in critical thermal applications, such as data centers and healthcare facilities. TAMCO is now a part of SPX Technologies’ HVAC segment...

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LOVE PHARM INC. ANNOUNCES GRANT OF STOCK OPTIONS

VANCOUVER, BC, CANADA, April 03, 2023 (GLOBE NEWSWIRE) — LOVE Pharma Inc. (“LOVE” and or “the Company”) (CSE:LUV) (FSE: G1Q0)  is pleased to announce that it has issued a total of 5,035,000 options pursuant to its incentive stock option plan (“Plan”) to management, employees and consultants. Each option entitles the holder to subscribe for one common share of the Company for $0.05 for up to a period of 5 years, subject to the terms of the Plan.   The options will vest immediately upon issuance.  The Company cancelled a total of 3,700,000 stock options (pre-consolidation) on December 1, 2022, including 1,375,000 to insiders as they were no longer serving their purpose in aligning the interest of the holders with those of shareholders. About Love Pharma Inc. With a focus on the global sexual Health and Wellness markets, Love Pharma...

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Robinhood Markets, Inc. to Announce First Quarter 2023 Results on May 10, 2023

MENLO PARK, Calif., April 03, 2023 (GLOBE NEWSWIRE) — Today, Robinhood Markets, Inc. (NASDAQ: HOOD) announced that it will release its first quarter 2023 financial results on Wednesday, May 10, 2023 after market close. An earnings conference call will be held at 2:00 PM PT/5:00 PM ET on the same day. A live webcast of the call and supporting materials will be available at investors.robinhood.com. Following the call, a replay and transcript will also be available on the same website. Robinhood shareholders can submit and upvote questions to management using the Q&A platform developed by Say Technologies ahead of Robinhood’s first quarter 2023 earnings call. Shareholders can visit https://app.saytechnologies.com/robinhood-2023-q1/ to submit questions. The Q&A platform will be open for question submission starting May 3,...

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Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for March 2023

–  Increased Bitcoin Production 21% Month-Over-Month, Producing a Record 825 BTC in March 2023 and a Record 2,195 BTC in Q1 2023 –  Increased Hash Rate 64% in Q1 2023 to 11.5 EH/s as of March 31, 2023 –  Reported Unrestricted Cash and Cash Equivalents of $124.9 Million and Increased Unrestricted Bitcoin Holdings to 11,466 BTC (c. $326.5 Million) as of March 31, 2023 FORT LAUDERDALE, Fla., April 03, 2023 (GLOBE NEWSWIRE) — Marathon Digital Holdings, Inc. (NASDAQ:MARA) (“Marathon” or “Company”), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for March 2023. Management Commentary“During the first quarter of 2023, we made notable progress executing on our two primary initiatives for the year, which...

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Quisitive Reports Fourth Quarter and Full Year 2022 Financial Results

TORONTO, April 03, 2023 (GLOBE NEWSWIRE) —  Quisitive Technology Solutions Inc. (“Quisitive” or the “Company”) (TSXV: QUIS, OTCQX: QUISF), a premier Microsoft solutions provider and payments solutions provider, today reported financial results for the fourth quarter and full year ended December 31, 2022. Management Commentary“In 2022, we made significant progress with PayiQ, completed major acquisition integration activities which streamlined processes and enhanced synergies, achieved strong financial results, and remained resilient throughout turbulent economic times,” said Quisitive CEO Mike Reinhart. “We’ve experienced momentum in our Cloud Solutions segment with advancements made on the MazikCare platform and Spyglass security managed services offerings utilizing the capabilities of Microsoft Azure and Dynamics to alleviate...

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