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Day: June 14, 2023

Trillium Gold Announces Success-Based Compensation to Financial Advisor

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) —  Trillium Gold Mines Inc. (TSXV: TGM, OTCQX:TGLDF, FRA: 0702) (“Trillium”) announced today that, further to its press releases dated March 16, 2023 and June 8, 2023 and in connection with the previously announced plan of arrangement with Pacton Gold Inc., (the “Arrangement”), Trillium intends to issue 868,551 common shares (the “Compensation Shares”) in the capital of Trillium to Red Cloud Securities Inc. (“Red Cloud”), along with a cash fee (together with the Compensation Shares, the “Compensation”), for acting as financial advisor to Trillium in connection with the Arrangement. The Compensation qualifies as a success-based commission for services provided in connection...

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Andrew Peller Limited Reports Fiscal 2023 Results

GRIMSBY, Ontario, June 14, 2023 (GLOBE NEWSWIRE) — Andrew Peller Limited (ADW.A / ADW.B) (“APL” or the “Company”) announced today results for the three months and year ended March 31, 2023. FISCAL 2023 HIGHLIGHTS:Sales increased 2.2% year over year due to growth across majority of trade channels and price increases; Gross margin of 37.1% consistent with the prior year; EBITA of $38.0 million compared to $39.2 million in the prior year; One-time overhead restructuring costs of $2.8 million incurred in fourth quarter; and Net loss of $3.4 million ($0.08 per Class A Share).“We were pleased with our sales growth in fiscal 2023 as we overcame significant supply constraints and performed well across the majority of our well-established trade channels,” commented John Peller, President and Chief Executive Officer. “Our supply chain...

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17 Education & Technology Group Inc. Announces First Quarter 2023 Unaudited Financial Results

BEIJING, June 15, 2023 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced its unaudited financial results for the first quarter of 2023. First Quarter 2023 Highlights1Net revenues were RMB9.3 million (US$1.4 million), representing a year-over-year decrease of 96.0% from RMB233.4 million in the first quarter of 2022. Gross margin was 24.4%, decreasing from 60.7% in the first quarter of 2022. Net loss was RMB92.5 million (US$13.5 million), significantly increasing from net loss of RMB24.8 million in the first quarter of 2022. Net loss as a percentage of net revenues was negative 997.9% in the first quarter of 2023, compared with negative 10.6% in the first quarter of 2022. Adjusted net loss2(non-GAAP), which excluded...

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PCI Security Standards Council Selects Inter&Co for its 2023-2025 Board of Advisors

Inter is the only Brazilian bank represented among 52 of the world’s leading companies in the payments space BELO HORIZONTE, Brazil, June 14, 2023 (GLOBE NEWSWIRE) — Inter&Co, Inc (Inter), (NASDAQ: INTR | B3: INBR32), the premier Super App which provides financial and digital commerce services to more than 26 million customers, has been selected to the 2023-2025 Board of Advisors for the PCI Security Standards Council (PCI SSC), the global forum working with organizations around the world to increase the protection of payment data and ensure industry security standards. The board seat will be held by a representative from Inter, one of Inter&Co’s subsidiaries, and this appointment signifies the sole Brazilian bank on the board of advisors. The PCI SSC Board of Advisors is comprised of some of the world’s leading payments...

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Jushi Holdings Inc. Announces Voting Results of Annual Meeting

BOCA RATON, Fla., June 14, 2023 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Corporation”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced the voting results of the annual general meeting (the “Meeting”) of shareholders of the Corporation (“Shareholders”) that was held today as follows: 1. Fixing the Number of Directors The number of directors of the Corporation was fixed at five.For Against Broker Non-Votes28,501,829 (98.447%) 449,530 (1.553%) 33,444,6632. Election of the Nominated Directors All five nominees set forth in the proxy statement of the Corporation dated April 28, 2023, were elected as directors of the Corporation by ordinary resolutions passed by a vote held by ballot in respect to each nominee as follows:Director Number and percentage of Subordinate...

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TELUS and Vancouver Whitecaps FC tackle harmful litter during Ocean Wise Shoreline Cleanup

Three home-town Vancouver organizations team up to support the largest direct-action environment project in Canada VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) — To kick off the summer cleanup season, TELUS and Vancouver Whitecaps FC will join the Ocean Wise team at Spanish Banks Beach, on June 16th to take action for the ocean, as part of the 18th annual TELUS Days of Giving. Every year, 400 million tons of plastic is produced, 36 per cent of which is designed for single use or packaging. Of that number, only 9 per cent is recycled. The Shoreline Cleanup is the largest direct-action environmental project in Canada, helping remove approximately 13 million tons of plastic that enters oceanic currents annually. This Friday, the Shoreline Cleanup opportunity brings together three longstanding Vancouver-based organizations...

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Ranchero Gold Announces AGM Results

VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) — Ranchero Gold Corp. (“Ranchero” or the “Company”) (TSX.V: RNCH) is pleased to announce that all resolutions proposed to shareholders at its annual and special meeting of shareholders held on this date, June 14th, 2022, were duly approved, including the appointment of Jesús A. Noriega Lopez, the Interim CEO, as a director of the Company in addition to the incumbent directors. About Ranchero Ranchero is a gold exploration and development company currently focused on its 100%-owned Santa Daniela project located in Sonora, Mexico. The Santa Daniela project consist of a large land package in excess of 22,200 hectares within Mexico’s Sierra Madre Occidental – a newly emerging gold belt. The Santa Daniela project is also near a number of major gold mining operations...

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SAVE THE DATE: NOVAGOLD 2023 Second Quarter Financial Results Release, Conference Call and Video Webcast

VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) will release its 2023 second quarter financial results after market close on June 27, 2023. A conference call and video webcast to discuss these results will take place June 28, 2023, at 8:00 am PT (11:00 am ET). During the webcast, NOVAGOLD’s President and Chief Executive Officer, Greg Lang; and Chief Financial Officer, David Ottewell, will provide a summary of the company’s second quarter financial results and an update on the Donlin Gold project. Questions may be submitted prior to the call at info@novagold.com. There will also be an opportunity to ask questions during the webcast following the presentation. The video webcast and conference call-in details are provided below.  Video Webcast: www.novagold.com/investors/events/     North...

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Premier Diversified Holdings Inc. Announces Loan Agreement, Amended Loans and Postponement of AGM

Not for dissemination in the United States of America. VANCOUVER, British Columbia, June 14, 2023 (GLOBE NEWSWIRE) — Premier Diversified Holdings Inc. (“Premier” or the “Company“) (TSXV: PDH) announces that it has entered into certain loan agreements, as set out below. Loan Agreement with MPIC Fund I Premier entered into a loan agreement (“April Loan Agreement”) dated June 8, 2023 with MPIC Fund I, LP (“MPIC“) for a secured loan in the principal amount of up to USD$100,000 (the “June Loan“). The June Loan matures on June 9, 2024 and bears interest at a rate of 6% per annum. The June Loan is secured with all of the present and after-acquired property of the Company and ranks equally in priority with all of the loans previously made to the Company by MPIC. The June Loan will be used...

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Meritage Homes Appoints Dennis V. Arriola to Its Board of Directors

Dennis V. Arriola Dennis V. Arriola joins the Meritage Homes Board of Directors.SCOTTSDALE, Ariz., June 14, 2023 (GLOBE NEWSWIRE) — Meritage Homes (NYSE:MTH), the fifth-largest public homebuilder in the U.S., today announced the appointment of Dennis V. Arriola as an independent director to its Board of Directors, as part of its board refreshment process. His appointment brings the Board of Directors to a total of 12. The Board plans to consider Mr. Arriola for appointment to one or more board committees over the course of the next several regularly scheduled board meetings. Mr. Arriola currently serves as an Operating Partner at Sandbrook Capital, a private equity firm focused on transforming energy infrastructure investments. Previously, he was the chief executive officer of Avangrid, Inc. (NYSE: AGR), a U.S. sustainable...

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