Day: April 13, 2023

Medigus Acquires 19.9% of Innovative AI and Natural Language Processing Communication Based Software Company

Written by Customer Service on April 13, 2023. Posted in Mergers And Acquisitions.

Metagramm Software Ltd. has developed an advanced grammar engine, which serves as the core of its online writing solution and a fully integrated writing solution for Windows desktop Tel Aviv, Israel, April 13, 2023 (GLOBE NEWSWIRE) — Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies, and electric vehicle and charging solutions, announced today it has acquired 19.9% of Metagramm Software Ltd. (“Metagramm”), an innovative AI, machine learning (ML) communication and grammar assistant software. In return, Medigus paid Metagramm $250,000 in Medigus’ common shares. Metagramm is one of the first companies to develop grammar and language assistance tools and technology for users. Metagramm has an advanced grammar engine based on proprietary AI algorithms and natural...

Brookmount Gold Corp. (Brookmount Explorations, Inc.) Expands Portfolio with a third North American Acquisition in The Atlin Gold Belt, British Columbia, Canada

Written by Customer Service on April 13, 2023. Posted in Mergers And Acquisitions.

NEW YORK, April 13, 2023 (GLOBE NEWSWIRE) — American-listed company Brookmount Gold (Brookmount Explorations, Inc.) (OTC: BMXI) (BMXI.US) a gold mining Company operating in North America and Asia, announced yesterday the acquisition of 70% of a gold mining operation located in the Atlin Gold Belt, in Canada’s North Western British Columbia. Brookmount, whose shares currently trade in OTC Markets, plans to start exploiting the new facility in the 3rd quarter of this year. The acquisition is the consequence of a binding agreement signed on August 30 last year and accordingly announced to the markets. Final acquisition has now been completed following completion of comprehensive due diligence. The Atlin Project, as it is known internally, covers around 100 hectares and is a historic “hard rock” mine that has a track record...

Progressive Reports March 2023 Results

Written by Customer Service on April 13, 2023. Posted in Earnings Releases And Operating Results.

MAYFIELD VILLAGE, OHIO, April 13, 2023 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for March 2023 and the first quarter of 2023: March Quarter(millions, except per share amounts and ratios; unaudited) 2023 2022 Change 2023 2022 ChangeNet premiums written $ 4,719.8 $ 3,970.1 19 % $ 16,109.7 $ 13,181.0 22 %Net premiums earned $ 4,323.8 $ 3,702.0 17 % $ 13,533.1 $ 11,802.9 15 %Net income (loss) $ (151.8 ) $ 226.5 (167 ) % $ 447.9 $ 313.9 43 %Per share available to common shareholders $ (0.26 ) $ 0.38 (169 ) % $ 0.75 $ 0.52 43 %Total pretax net realized gains (losses) on securities $ (56.7 ) $ 112.0 (151 ) % $ 71.8 $ (445.3 ) (116 ) %Combined ratio 106.2 97.2 9.0...

Olink to report first quarter 2023 financial results on May 11, 2023

Written by Customer Service on April 13, 2023. Posted in Public Companies.

UPPSALA, Sweden, April 13, 2023 (GLOBE NEWSWIRE) — Olink Holding AB (publ) (“Olink”) (Nasdaq: OLK) today announced it will release financial results for the first quarter of 2023 before the market open on Thursday, May 11, 2023. Company management will host a conference call to discuss these results at 8:00 am ET. Investors interested in listening to the conference call are required to register online. It is recommended to register at least a day in advance. A live webcast of the conference call will be available in the “Events” section of the Company’s website at https://investors.olink.com/investor-relations. The webcast will be archived and available for replay for at least 90 days after the event. About OlinkOlink Holding AB (Nasdaq: OLK) is a company dedicated to accelerating proteomics together with the scientific community,...

Chinook Therapeutics Announces the Appointment of Robert W. Azelby to its Board of Directors

Written by Customer Service on April 13, 2023. Posted in Public Companies.

SEATTLE, April 13, 2023 (GLOBE NEWSWIRE) — Chinook Therapeutics, Inc. (Nasdaq: KDNY), a biopharmaceutical company focused on the discovery, development and commercialization of precision medicines for kidney diseases, today announced the appointment of Robert W. Azelby to its Board of Directors. Mr. Azelby brings more than 20 years of executive leadership and commercial experience in the biopharmaceutical industry to Chinook. “We are thrilled to welcome Bob to Chinook’s board of directors as we advance our pipeline through key milestones in 2023 and beyond,” said Eric Dobmeier, president and chief executive officer of Chinook Therapeutics. “Bob brings significant industry experience in building and growing companies and commercially launching new therapies, including in nephrology. His strategic counsel will be invaluable as we...

Northern Technologies International Corporation Reports Financial Results for Second Quarter Fiscal 2023

Written by Customer Service on April 13, 2023. Posted in Public Companies.

MINNEAPOLIS, April 13, 2023 (GLOBE NEWSWIRE) — Northern Technologies International Corporation (NASDAQ: NTIC), a leading developer of corrosion inhibiting products and services, as well as bio-based and biodegradable polymer resin compounds, today reported its financial results for the second quarter of fiscal 2023. Second quarter fiscal 2023 highlights include (with growth rates on a fiscal quarter year-over-year basis):Consolidated net sales increased 9.1% to a second quarter record $18,271,000 ZERUST® net sales increased 10.2% to $14,459,000 ZERUST® oil and gas net sales increased 212.4% to $1,805,000 NTIC China net sales decreased 31.0% to $2,872,000 Natur-Tec® product net sales increased 5.0% to $3,812,000 Joint venture operating income increased 9.8% to $2,381,000 Net income attributable to NTIC increased to $885,000, compared...

Zerify Enters into Agreement with Leading Cybersecurity Software Distributor with over 1600 Resellers

Written by Customer Service on April 13, 2023. Posted in Public Companies.

EDISON, N.J., April 13, 2023 (GLOBE NEWSWIRE) — Zerify Inc., (OTC PINK: ZRFY), the 22-year-old cybersecurity company focused on Secure Video Conferencing & Endpoint Security announced today that they have signed a strategic agreement with Direct 2 Channel (D2C), a prominent cybersecurity software distributor that boasts of over 1600 resellers globally. This partnership aims to expand the reach of Zerify’s innovative cybersecurity software to businesses of all sizes across multiple industries. “At Zerify, we understand that cybersecurity is more important now than ever before,” says Mark L. Kay, CEO of Zerify. “That’s why we’re dedicated to providing cutting-edge technologies that have quickly become the gold standard for secure video conferencing and endpoint security. With our state-of-the-art solutions, Direct 2 Channel...

HIMALAYA TECHNOLOGIES CANCELS OFFERING OF 1.5 BILLION SHARES

Written by Customer Service on April 13, 2023. Posted in Public Companies.

Pittsburgh, PA, April 13, 2023 (GLOBE NEWSWIRE) — Himalaya Technologies, Inc. (OTC: HMLA), based on market conditions, has canceled the Company’s equity offering of up to $3.0 million previously aimed at funding its existing and planned Internet businesses and health and wellness. Accordingly, the Company has filed paperwork with the SEC to withdraw its Form 1A/A for a Tier 2 Regulation A+ offering of up to 1.5 billion common shares priced at $0.002, previously filed February 7, 2023 and qualified by the SEC on February 13, 2023. Said Vik Grover, CEO: “The market is not shining on OTC issuers. This equity offering, which took several months of amendments in response to myriad comments from regulators and multiple downward revisions to pricing, put an impenetrable overhang on our stock that had the opposite effect of its desired...

Hudbay and Copper Mountain Combine to Create a Premier Americas-Focused Copper Producer

Written by Customer Service on April 13, 2023. Posted in Mergers And Acquisitions.

Creates 150,000-tonnes-per-year copper producer with long-life mines and a world-class pipeline of organic copper growth projectsCombined company creates the 3rd largest copper producer in CanadaAll-share combination based on strong industrial logic and compelling value for shareholdersComplementary assets with opportunity to unlock US$30 millioni per year in operating efficiencies and corporate synergiesRepositions the combined company for a valuation re-rate as a larger, more diversified copper producer with enhanced liquidityTORONTO, April 13, 2023 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) and Copper Mountain Mining Corporation (“Copper Mountain”) (TSX: CMMC, ASX: C6C) are pleased to announce that they have entered into a definitive agreement (the “Arrangement Agreement”) pursuant to which...

Questor Announces December 31, 2022 Results

Written by Customer Service on April 13, 2023. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, April 13, 2023 (GLOBE NEWSWIRE) — Questor Technology Inc. (“Questor” or the “Company”) (TSX-V: QST) announced its financial and operating results for the fourth quarter and year ended December 31, 2022. Questor’s audited Consolidated Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2022 are available on the Company’s website at www.questortech.com and through SEDAR at www.sedar.com. Unless otherwise noted, all financial figures are presented in Canadian dollars, prepared in accordance with International Financial Reporting Standards and are unaudited for the three months ended December 31, 2022. FOURTH QUARTER AND 2022 CONSOLIDATED FINANCIAL RESULTS Three months ended December 31, Twelve months ended December 31,For the 2022 2021 2022 2021(Stated in CDN $) Revenue 1,664,962 1,126,850 8,380,827 5,503,595Gross...

Day: April 13, 2023

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