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Month: July 2023

LGI Homes Opens New Community in the Las Vegas Market

The Mesquite Plan by LGI Homes at Hollywood Springs in Las Vegas features four bedrooms, two-and-a-half bathrooms and a large outdoor patio. LGI Homes announces the grand opening of Hollywood Springs in Las Vegas, a community of new, move-in ready homes with designer upgrades included.LAS VEGAS, July 12, 2023 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced the opening of a new community in the Las Vegas, Nevada market, Hollywood Springs. Hollywood Springs by LGI Homes offers an array of brand-new, one and two-story single-family homes, with six spacious floor plans ranging from three to five bedrooms and two to three bathrooms. Each new home comes equipped with LGI Homes’ CompleteHome™ package, with upgrades such as quartz countertops, a full suite of energy-efficient Whirlpool® appliances, luxury vinyl...

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Minerva Issues Options

Vancouver, British Columbia, July 12, 2023 (GLOBE NEWSWIRE) — Minerva Intelligence Inc. (TSXV: MVAI) (“Minerva” or the “Company”) announces the granting of incentive stock options to certain of its directors, officers and consultants to purchase up to an aggregate of 6,200,000 common shares in the capital stock of the Company, exercisable at $0.065 per share over a period of 3 years. The stock options vest immediately.   The grant of options to the directors and officers of the Company may constitute a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company relied on Sections 5.5(a) and 5.7(1)(a) of MI 61-101 for exemptions from the formal valuation and minority shareholder approval requirements, respectively, of...

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Torex Gold Reports Q2 2023 Production Results

On track to achieve full year production guidance for fifth year in a row TORONTO, July 12, 2023 (GLOBE NEWSWIRE) — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) reports Q2 2023 gold production of 107,507 ounces (“oz”) and gold sold of 105,749 oz. With first half gold production of 230,425 oz, the Company reiterates 2023 production guidance of 440,000 to 470,000 oz. TABLE 1: PRELIMINARY SECOND QUARTER 2023 OPERATIONAL RESULTS    Q2 2023Mining    ELG Open Pits – Ore tonnes mined tpd 7,074ELG Open Pits – Waste tonnes mined tpd 122,243ELG Open Pits – Strip ratio waste:ore 17.3ELG Underground – Ore tonnes mined tpd 1,913Processing    Total tonnes processed tpd 13,293Average gold recovery % 88.3Average gold grade of ore processed gpt 3.13Gold produced oz 107,507Gold...

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Firan Technology Group Corporation (“FTG”) Announces Second Quarter 2023 Financial Results

TORONTO, July 12, 2023 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX: FTG) today announced financial results for the second quarter of 2023.Second quarter bookings of $40.3M were up 48% over Q2 2022 and up 22% over Q1 2023. This was the 10th sequential quarter of bookings growth. FTG second quarter revenues of $34.0M were up 52% over Q2 2022, as FTG ramps up production to meet customer demand. Revenue included $3.4M from the newly acquired Circuits sites in Minnetonka, MN and Haverhill, MA. FTG achieved Net Earnings in Q2 2023 of $2.4M, which was up $2.4M from Q2 2022. Net debt on the balance sheet as of Q2 2023 is $6.4M, which is 0.46x Adjusted EBITDA for the trailing 12 months period ended June 2, 2023.Business Highlights FTG continued to play offence in the first half of 2023. The company has invested in technology...

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Fat Projects Acquisition Corp Announces Intention to Extend the Deadline to Complete a Business Combination to August 15, 2023

Filed by Fat Projects Acquisition Corp pursuant to Rule 425 under the Securities Act of 1933 and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934Subject Company: Fat Projects Acquisition CorpSEC File No.: 001-40755 SINGAPORE, July 12, 2023 (GLOBE NEWSWIRE) — Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“FATP”), a special purpose acquisition company, announced today that it has notified Continental Stock Transfer and Trust Company that it intends to extend the deadline to complete its initial business combination from July 15, 2023 to August 15, 2023 by depositing $24,279.65 into its Trust Account by July 17, 2023.  This is the fourth of up to nine 1-month extensions that FATP is authorized to obtain under its Amended and Restated Memorandum and Articles of Association, as amended. The...

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Bassett Increases Quarterly Dividend by 12.5%

BASSETT, Va., July 12, 2023 (GLOBE NEWSWIRE) — Bassett Furniture Industries, Inc. (Nasdaq: BSET) announced today that its Board of Directors has increased the quarterly dividend by 12.5%, declaring a regular quarterly dividend of $0.18 per share of common stock, payable on August 25, 2023, to shareholders of record at the close of business on August 11, 2023. About Bassett Furniture Industries, Inc. Bassett Furniture Industries, Inc. (NASDAQ:BSET), is a leading manufacturer and marketer of high quality home furnishings. With 91 company- and licensee-owned stores at the time of this release, Bassett has leveraged its strong brand name in furniture into a network of corporate and licensed stores that focus on providing consumers with a friendly environment for buying furniture and accessories. Bassett’s retail strategy includes stylish,...

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Ethan Allen Announces Earnings Release Date for its Fourth Quarter and Full Fiscal 2023 Year Results

Danbury, CT, July 12, 2023 (GLOBE NEWSWIRE) — Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) today announced that it will release its financial and operating results for the fiscal 2023 fourth quarter and full fiscal year ended June 30, 2023, after the market closes on Wednesday, August 2, 2023. Following the earnings release, the Company will host a conference call with investors and analysts at 5:00 PM (Eastern Time) to discuss these results. The conference call will be webcast live from the Company’s Investor Relations website at https://ir.ethanallen.com. The following information is provided for those who would like to listen to the conference call:U.S. Participants:                      877-705-2976 International Participants:    201-689-8798 Meeting Number:                    13739093For...

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Ocean Power Technologies, Inc. Announces Fourth Quarter Fiscal 2023 Results

Fiscal 2023 Revenues Increased 55% MONROE TOWNSHIP, N.J., July 12, 2023 (GLOBE NEWSWIRE) — Ocean Power Technologies, Inc. (“OPT” or “the Company”) (NYSE American: OPTT), today announced financial results for its fiscal fourth quarter (“4Q23”) and full-year ended April 30, 2023 (“FY23”). Highlights include: 4Q23 HIGHLIGHTSTotal orders for the 4Q23 were $2.3 million, as compared to $0.7 million for the fourth quarter ended April 30, 2022 (“4Q22”). Revenues for the 4Q23 of $1.0 million grew 29.5% over 4Q22 revenues. In April 2023, OPT completed a $0.5M extension of its lease contract to continue providing their WAM-V® 22 Autonomous Surface Vehicle asset to a U.S. Government Agency Overseas for ongoing autonomous maritime activities. In March 2023, OPT deployed the scalable Mass-on-Spring Wave Energy Converter...

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Glatfelter Corporation to Report Earnings on August 3rd

CHARLOTTE, N.C., July 12, 2023 (GLOBE NEWSWIRE) — Glatfelter Corporation (NYSE: GLT) announced today that it expects to issue its 2023 second-quarter results on Thursday, August 3, 2023. Management will hold a conference call at 11:00 AM (ET) that morning to discuss the Company’s results. Glatfelter’s earnings release and an accompanying financial supplement, which includes significant financial information to be discussed on the conference call, will be available on its Investor Relations website at https://www.glatfelter.com/investors/.What:   Q2 2023 Glatfelter Earnings Conference Call     When:   Thursday, August 3, 2023, 11:00 a.m. (ET)     Participant Dial-in Number:   (323) 794-2551    (800) 239-9838     Conference ID:   1078717     Webcast registry:   Q2 2023 Glatfelter Earnings Webcast     OR...

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