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Month: May 2023

NXT Announces Change of Auditor

CALGARY, Alberta, May 29, 2023 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX: SFD; OTCQB: NSFDF) is pleased to announce the appointment of MNP LLP as its auditor for the year ended December 31, 2023, subject to shareholder approval at the next annual and special meeting of shareholders.   MNP LLP is a full-service, accounting and business advisory firm in Canada which is suitable for NXT as the Company embarks on new initiatives with strategic international partners. NXT expresses appreciation to KPMG LLP for their long service in the formative years of the Company. With the resignation of KPMG, MNP will begin to perform interim review services for NXT in connection with the Company’s fiscal quarter ended June 30, 2023. About NXT Energy Solutions Inc. NXT Energy Solutions Inc....

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Patriot Battery Metals Appoints Vice President Project Development to its Executive Management Team

VANCOUVER, British Columbia and SYDNEY, Australia, May 29, 2023 (GLOBE NEWSWIRE) — Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce the appointment of Greg Barfoot, BEng, Meng, MBA to the position of Vice President Project Development. Blair Way, Company President, CEO and Director, comments: “I am very pleased to welcome Greg to the Patriot team. Our team is growing as we start heading down the development pathway for the CV5 Project. It is very exciting to be building a team that is so well qualified and passionate about the sustainable advancement of the Corvette Lithium District.”     Mr. Barfoot is an experienced project management professional with an extensive international background in all phases of project development from concept to operations....

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Patagonia Gold Quarter 1 2023 Financial Results

VANCOUVER, British Columbia, May 29, 2023 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces its financial results for the quarter ended March 31, 2023 (“Q1 2023”). The financial statements together with the related management’s discussion and analysis are available on the Company’s website and under the Company’s profile on SEDAR at www.sedar.com. HighlightsGenerated revenue of US$3 million in Q1 2023. Produced 1,304 gold equivalent ounces(1) and sold 1,598 gold equivalent ounces(1) in Q1 2023. Completed 2,765 meters of diamond drilling, in 16 HQ-diameter core holes, at Monte Leon. Incurred exploration expenditures totaling US$1.2 million.Note:(1) Consisting of 1,016 gold and 24,495 silver ounces of production and 1,218 gold and 31,631 silver ounces sold, converted to a gold equivalent...

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Solar Alliance first quarter revenue grows 47% year over year

Strong backlog of contracted projects set the stage for continued growth in 2023 TORONTO and KNOXVILLE, Tenn., May 29, 2023 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and utility solar sectors, announces it has filed its unaudited financial results for the three months ended March 31, 2023. The Company’s Financial Statements and related Management’s Discussion and Analysis are available under the Company’s profile at www.sedar.com. “Solar Alliance delivered 47% year-over-year quarterly growth during the first quarter of 2023,” said CEO Myke Clark. “This impressive level of growth occurred during what is generally a slower quarter for solar installations and sets the stage for a strong 2023. We have a backlog...

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Osisko Announces Results of Annual and Special Meeting of Shareholders

TORONTO, May 29, 2023 (GLOBE NEWSWIRE) — Osisko Mining Inc. (TSX:OSK. “Osisko” or the “Corporation“) is pleased to announce the results of its annual and special meeting of shareholders (the “Meeting“) held earlier today. A total of 291,356,722 common shares of the Corporation were represented at the Meeting, representing approximately 75.9% of the total number of common shares of the Corporation issued and outstanding. All matters presented for approval at the Meeting were duly authorized and approved, as follows:PricewaterhouseCoopers LLP was appointed as the auditor of the Corporation for the ensuing year, and the board of directors of the Corporation was authorized to fix their remuneration;all of the management nominees were elected to the board of directors of the Corporation to serve...

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Extendicare Announces Voting Results for its 2023 Annual Meeting of Shareholders

MARKHAM, Ontario, May 29, 2023 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today announced the results of matters voted on at its annual meeting of shareholders held on May 29, 2023 (the “Meeting”), which included the election as directors of the Company of all of the nominees listed in its management information and proxy circular dated April 17, 2023 (the “Information Circular”). The voting results for each of the matters considered at the Meeting are presented below. The total number of common shares represented by shareholders present in person or by proxy at the Meeting was 30,681,858, representing 36.14% of the Company’s outstanding common shares. 1. Election of Directors On a vote by show of hands, the election of the following nine nominees as directors of the Company to hold office until...

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Premier Health Reports Second Quarter Results

MONTREAL, May 29, 2023 (GLOBE NEWSWIRE) — Premier Health of America Inc. (TSXV: PHA) (the “Corporation”), a leading Canadian Healthtech company, announces it has filed its Unaudited Quarterly Consolidated Financial Statements and MD&A for its first quarter ended March 31, 2023.First Quarter 2023 Highlights(in Canadian dollars) March 31, 2023(3 months) March 31, 2022(3 months) March 31, 2023(6 months) March 31, 2022(6 months)Revenues 21,795,296 17,583,869 43,370,345 35,999,588Gross margin 5,781,011 4,335,299 10,844,459 8,755,848Gross margin as a % of revenues 26.5% 24.7% 25.0% 24.3%Adjusted EBITDA (1) 1,935,548 466,798 3,439,215 1,952,448Net Income (Loss) 60,363 (770,594) (315,593) (459,305)(1) See the Corporation’s MD&A for details on this non-Gaap measure. SummaryThe Corporation had revenues...

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CloudMD Reports First Quarter 2023 Results Closing the Gap on Path to Profitability

Q1 2023 revenue of $26.1 million compared to $25.9 million in Q4 2022 Q1 2023 gross profit margin1 of 36.1%, 130 bps improvement from the previous quarter Q1 2023 Adjusted EBITDA2 loss of $1.6 million, $0.9 million improvement from the previous quarter. Net loss of $7.1 million in Q1 2023. Cash and cash equivalents of $18.8 million at the end of Q1 2023 Multi year contract signings of $2.9 million in annual recurring revenue in Q1 2023VANCOUVER, British Columbia, May 29, 2023 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQX: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), an innovative health services company transforming the delivery of care, is pleased to announce its financial results for the first quarter ended March 31, 2023. All financial information is presented in Canadian dollars unless...

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BIGG Digital Assets Inc. Reports Financial Results For Q1 2023

VANCOUVER, British Columbia, May 29, 2023 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”)(CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), owner of Netcoins (https://www.netcoins.com/ca/ and https://www.netcoins.com/us/) (“Netcoins”), the online cryptocurrency brokerage that makes it easy for North Americans to buy, sell, and understand cryptocurrency, and Blockchain Intelligence Group (blockchaingroup.io) (“BIG”), a leading developer of blockchain technology search, risk-scoring and data analytics solutions, is pleased to report Q1 2023 financial results. All figures are in Canadian Dollars (CAD) unless otherwise stated. Q1 2023 Highlights:Gross operating revenue of $1.5M (up 28% QoQ), with $1.1M for Netcoins (up 55% QoQ) and $0.4M for Blockchain Intelligence Group (down 14% QoQ) Net loss...

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Nokia Corporation: Repurchase of own shares on 29.05.2023

Nokia CorporationStock Exchange Release29 May 2023 at 21:00 EEST Nokia Corporation: Repurchase of own shares on 29.05.2023 Espoo, Finland – On 29 May 2023 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 277,046 3.83CEUX 56,378 3.84AQEU 15,299 3.83TQEX 21,277 3.84Total 370,000 3.83* Rounded to two decimals On 3 February 2022, Nokia announced that its Board of Directors is initiating a share buyback program under the authorization granted by Nokia’s Annual General Meeting on 8 April 2021 to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The second phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014...

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