Month: May 2023

Food Logistics Names Covenant Logistics as Recipient of 2023 Top 3PL & Cold Storage Providers Award

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

This award recognizes leading third-party logistics and cold storage providers in the cold food and beverage industryTop-3PL-2023_Horizontal Color Food Logistics Names Covenant Logistics as Recipient of 2023 Top 3PL & Cold Storage Providers AwardCHATTANOOGA, Tenn., May 31, 2023 (GLOBE NEWSWIRE) — Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global cold food supply chain, named Covenant Logistics Group, Inc as one of the winners of this year’s Top 3PL & Cold Storage Providers Award, which recognizes leading third-party logistics and cold storage providers in the cold food and beverage industry. “From driver shortages to natural disasters, the last 12 months have continued to challenge the 3PL space. But it’s the 3PLs and the cold storage providers...

DMG Blockchain Solutions Reports Second Quarter Results Ending March 31, 2023

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

VANCOUVER, British Columbia, May 30, 2023 (GLOBE NEWSWIRE) — DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG”), a vertically integrated blockchain and cryptocurrency technology company, today announces its second quarter ended March 31, 2023 unaudited financial results. All financial references are in Canadian Dollars unless specified otherwise. Recent HighlightsRevenue of $7.6 million on 255.8 mined bitcoin, net loss of $3.8 million, $0.02 net loss per share Realized first Petra-based revenue for placing ordinals during the quarter Realized average hashrate of 0.89 EH/s Purchased 350 Bitmain S19 Pro (35 PH/s), 350 Bitmain S19 XP (49 PH/s) and 850 Bitmain S19j Pro+ (104 PH/s) miners, totaling 1,550 units contributing 188 PH/s Cash and digital currency balance up 98% from the prior quarter...

Reliq Health Technologies, Inc. Files Q3 FY 2023 Financial Statements, Announces Record Revenue and First EBITDA Positive Quarter

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

HAMILTON, Ontario, May 30, 2023 (GLOBE NEWSWIRE) — Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq” or the “Company”), a rapidly growing global healthcare technology company that specializes in developing innovative Virtual Care solutions for the multi-billion dollar Healthcare market, today announced that the condensed interim consolidated financial statements (“Financial Statements”) and Management’s Discussion and Analysis (“MD&A”) for the quarter ended March 31, 2023 (Q3 FY 2023), are now available on the Company’s profile on SEDAR (www.sedar.com). “We have now filed our financials for the third quarter of Fiscal Year 2023,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “The Company achieved record revenues of $4,741,037 for the three months ending March 31, 2023 and had our first profitable...

NowVertical Group Reports Strong First Quarter 2023, Financial Results Ahead of Revenue Expectations, Positive Adjusted EBITDA and Leadership Transition

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

Q1 2023 Adjusted Revenue was $13.7 million1, an increase of 359% over Q1 2022 Q1 2023 Adjusted EBITDA was $0.23 million1, an increase of 195% over Q1 2022 Q1 2023 Gross Profit was $6.2 million, an increase of 330% over Q1 2022TORONTO, May 30, 2023 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (OTCQB: NOWVF) (“NOW” or the “Company the vertical intelligence (VI) software and solutions company, today announces its financial results for the three months ended March 31, 2023. “Our financial performance in the first quarter is the reflection of the hard work our whole team has put into acquiring, integrating, operating, and formalizing a consolidated go-to-market strategy with our business units,” said Sasha Grujicic, President and incoming CEO of NOW. “We aim to further establish ourselves as a global leader in the data,...

Xanadu Mines Results of 2023 Annual General Meeting

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

TORONTO, May 30, 2023 (GLOBE NEWSWIRE) — Xanadu Mines Ltd (ASX: XAM, TSX: XAM) (Xanadu or the Company) advises that as required by ASX Listing Rule 3.13.2 and Section 251AA of the Corporations Act 2001 (Cth), the results of Xanadu Mines Ltd’s 2023 Annual General Meeting held as a Hybrid Meeting today, are set out in the attached report and includes a summary of the poll voting results and votes by proxies on the items of business considered at the Annual General Meeting. For further information, please contact:Colin MoorheadExecutive Chairman & Managing DirectorP: +61 2 8280 7497E: colin.moorhead@xanadumines.com W: www.xanadumines.com Spencer ColeChief Financial OfficerP: +61 2 8280 7497E: spencer.cole@xanadumines.comThis Announcement was authorised for release by the Executive Chairman and Managing Director. Xanadu...

Edge Total Intelligence Reports First Quarter 2023 Results

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

EdgeTI also Reports Issuance of Warrants and Marketing Services Contract ARLINGTON, Va., May 30, 2023 (GLOBE NEWSWIRE) — Edge Total Intelligence Inc. (“edgeTI”, “Company”, “We”, or “Our”) (TSXV: CTRL, OTCQB: UNFYF, FSE: Q5i), the leader in real-time digital operations software, today announced its financial results for the three months ended March 31, 2023 and reported progress in its growing adoption of AI, Automation, and Digital Twin solutions. “First quarter was a return to growth as edgeTI saw its customers embrace longer-term contracts, new prospects open new markets, partners grow new business, and industry analysts cover our company,” said Jim Barrett, CEO of edgeTI. “Our platform has an important role to play in customer adoption of AI and automation solutions — more importantly, organizations are realizing they need to...

Clip Money Inc. Reports First Quarter 2023 Results

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

TORONTO, May 30, 2023 (GLOBE NEWSWIRE) — Clip Money Inc. (TSX-V: CLIP) (“Clip Money” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce its financial results for the three months ended March 31, 2023. Through March, Clip has experienced continued momentum in bringing retailers a modern and efficient solution for cash-based business deposits. After a record setting December, Clip has welcomed 135 additional retailer stores in Q1 ’23 (+83% vs Q4 ’22), to the platform who are now active users of the system. The majority of Clip users are enterprise businesses who have in excess of 50 store locations, creating immediate scale opportunity for Clip. Clip has experienced significant growth in our pipeline and registration of new retail users to our platform....

Aequus Provides General Update and First Quarter 2023 Financial Highlights

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

VANCOUVER, British Columbia, May 30, 2023 (GLOBE NEWSWIRE) — Aequus Pharmaceuticals Inc. (TSX-V: AQS, OTCQB: AQSZF) (“Aequus” or the “Company”), a specialty pharmaceutical company with a focus on developing, advancing and promoting differentiated products, today reported financial results for the quarter ended March 31, 2023 (“First Quarter 2023”) and associated Company developments. Unless otherwise noted, all figures are in Canadian currency. “With the upcoming launch of ZIMED® PF expected in August of 2023, Q1 and Q2 2023 has seen a focus on building our distribution commercial infrastructure with a focus on training, pre-launch communication and HCP education activities,” said Doug Janzen, Chairman and CEO. “As anticipated, revenues for the quarter were reduced due to the completion of the Sandoz contract at the end of last...

West Red Lake Gold Mines Ltd. Acquisition of Madsen Gold Project Approved by Court

Written by Customer Service on May 31, 2023. Posted in Mergers And Acquisitions.

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 30, 2023 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) announces that the British Columbia Supreme Court has approved the acquisition by the Company of all of the Madsen Gold Project through the acquisition of all of the outstanding shares of Pure Gold Mining Inc. (“Pure Gold”) (the “Acquisition”) pursuant to an Approval and Reverse Vesting Order (the “Order”) in Pure Gold’s proceedings under the Companies’ Creditors Arrangement Act. The Order approved the transactions contemplated in the Share Purchase Agreement entered into between the Company, Pure Gold and a fund managed by Sprott Resource Lending Corp. dated May 17, 2023. Details...

Blue World Acquisition Corporation Announces Its Intention to Extend the Deadline for an Initial Business Combination

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

New York, May 30, 2023 (GLOBE NEWSWIRE) — Blue World Acquisition Corporation (the “Company”) (NASDAQ: BWAQ) today announced that the Company intends to extend the period of time the Company has to consummate a business combination by one month from June 2, 2023 to July 2, 2023. As provided in the current governing document of the Company, the management of the Company has the option, but no obligation, to extend the period to consummation its initial business combination beyond May 2, 2023 by depositing $194,324 into the trust account of the Company for each one-month extension, representing an additional $0.0295 per public share, in connection with such additional extensions, up to nine times until February 2, 2024. The Company currently has until June 2, 2023 to complete a business combination. About Blue World Acquisition Corporation Blue...

Month: May 2023

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