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Day: August 15, 2023

Mercurity Fintech Holding’s Subsidiary, Ucon Capital Hong Kong, Earns Distinguished Approval to enter “Cyberport” Community

Hong Kong Digital Finance Initiative “Cyberport” Recognizes Mercurity Fintech Subsidiary Ucon Capital’s Expertise and Capability by Granting an Approval to Join Its Prestigious Ranks New York, Aug. 15, 2023 (GLOBE NEWSWIRE) — Mercurity Fintech Holding Inc. (the “Company,” “we,” “us,” “our company,” or “MFH”) (Nasdaq: MFH), a leading digital fintech group empowered by blockchain technology, today announced that its wholly-owned subsidiary, Ucon Capital (“Ucon”), has been honored with the approval  to join the esteemed “Cyberport”, an innovative digital community managed by Hong Kong Cyberport Management Company Limited. This approval is a significant acknowledgment of MFH and Ucon’s capabilities and expertise, marking a critical milestone in the Company’s strategic vision. Ucon, as part of the MFH group, aims to...

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August Forecast Updated as AITX Sees Path to Best Order Intake Quarter to Date

Detroit, Michigan, Aug. 15, 2023 (GLOBE NEWSWIRE) — Artificial Intelligence Technology Solutions, Inc., (the “Company”) (OTCPK:AITX), a global leader in AI-driven security and productivity solutions along with its wholly owned subsidiary, Robotic Assistance Devices, Inc. (RAD), today provided an update on RAD’s August 2023 sales activities. The Company sees a path to 100+ units order intake this month, which would make it the best order intake month to date and drive this quarter to the best quarter of intake in company history. Through mid-August, RAD has booked a total of 18 units, with 100+ orders within possibility by the end of the month. “We started the month of August having just closed our best month ever,” said Mark Folmer, CPP, PSP, FSyI, President of RAD. “All indications from clients and prospects are that they are...

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Orion Energy Systems Introduces TritonPro™ and New Harris Exterior LED Product Lines, Broadening Portfolio of Innovative, Quality Solutions

MANITOWOC, Wis., Aug. 15, 2023 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (Nasdaq: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services, and electric vehicle (EV) charging station solutions, today announced the launch of its new TritonPro™ product category and new Harris exterior LED lighting products. The launch comprises five new cutting-edge products that provide proprietary Orion design, quality and value-pricing to expand the Company’s reach into new construction and retrofit markets and to meet requests from channel partners. The new products are designed to provide unparalleled performance, efficiency, and in-field versatility to a broader array of customers and market segments. The new products are:TritonPro™ Compact Linear High Bay​ is a compact, state-of-the-art...

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Assure Holdings Reports Second Quarter 2023 Financial Results

DENVER, Aug. 15, 2023 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (NASDAQ: IONM), a provider of intraoperative neuromonitoring (“IONM”) and remote neurology services, today reported financial results for the second quarter and year-to-date periods ended June 30, 2023.Key Financial Highlights (in thousands of USD) 2Q 2023 2Q 2022 YTD through Q2 2023 YTD through Q2 2022Gross Revenue $ 4,006   $ 9,209   $ 8,796   $ 18,345  Accounts Receivable Reserve   (2,463 )   (7,564 )   (3,701 )   (11,999 )Revenue, net   1,543     1,645     5,095     6,346  Gross margin   (1,859 )   (2,357 )   (1,680 )   (1,533 )Total Operating Expenses   3,605     4,094     7,128     8,845  Net loss   (5,262 )   (4,726 )   (9,576 )   (7,185 )Adjusted EBITDA*   (4,880 )   (5,912 )   (7,967 )   (7,573 )*See Explanation...

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Bitcoin Well Reports 2023 Q2 Financial Results

Unique Users of Bitcoin Well Portal2023 unique users growth of the Bitcoin Well online portal.EDMONTON, Alberta, Aug. 15, 2023 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV:BTCW; OTCQB:BCNWF), the non-custodial fintech business which future-proofs money by making bitcoin useful to everyday people, today announced financial and operating results for the second quarter ended June 30, 2023. Key highlightsGross profit of $1.2 million for the 3-months ended June 30, 2023 (+13% compared to $1.1 million in the same period in 2022) and $2.3 million for the 6-months ended June 30, 2023 (+15% compared to $2 million in the same period in 2022). Adjusted EBITDA of negative $0.3 million for the 3-months ended June 30, 2023 (76% improved compared to negative 1.3$ million in 2022) and negative $0.6 million...

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Xalles Announces Q2 2023 Results and Expands Portfolio With Trio of Strategic Acquisitions

WASHINGTON, DC, Aug. 15, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Xalles Holdings Inc., a premier fintech holding company specializing in cutting-edge technology and financial services solutions, today announced its financial performance for the second quarter ending June 30, 2023. This quarter marked a streak of 8 consecutive quarters of record revenues for the company. For the second quarter of 2023, Xalles Holdings reported total revenue of $4,708,947, marking a significant 21% increase over Q1. The company’s net profit stood at $728,249, reflecting a 12% increase from the previous quarter. This robust growth is largely attributable to the evolution of entities acquired earlier this year and last year. Additionally, the company expects its Q2 acquisitions to further bolster the financial metrics in the latter half of...

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Middlefield Banc Corp. Announces 2023 Third Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, Aug. 15, 2023 (GLOBE NEWSWIRE) — Middlefield Banc Corp. (NASDAQ: MBCN) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.20 per common share, payable on September 15, 2023, to shareholders of record on September 1, 2023. About Middlefield Banc Corp. Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the Bank holding Company of The Middlefield Banking Company, with total assets of $1.75 billion at June 30, 2023. The Bank operates 21 full-service banking centers and an LPL Financial® brokerage office serving Ada, Beachwood, Bellefontaine, Chardon, Cortland, Dublin, Garrettsville, Kenton, Mantua, Marysville, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor,...

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Enact Announces Quarterly Dividend

RALEIGH, N.C., Aug. 15, 2023 (GLOBE NEWSWIRE) — Enact Holdings, Inc. (Nasdaq: ACT) (Enact) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that its Board of Directors declared a quarterly dividend of $0.16 per common share, payable on September 13, 2023, to shareholders of record on August 31, 2023. Future dividends will be subject to Board approval. About Enact Holdings, Inc.Enact (Nasdaq: ACT), operating principally through its wholly-owned subsidiary Enact Mortgage Insurance Corporation since 1981, is a leading U.S. private mortgage insurance provider committed to helping more people achieve the dream of homeownership. Building on a deep understanding of lenders’ businesses and a legacy of financial strength, we partner with lenders to bring best-in class service, leading...

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Mosaic Adds Claims on Abrat SM

Abrat SM Lithium AnomaliesAbrat SM Lithium AnomaliesMONTREAL, Aug. 15, 2023 (GLOBE NEWSWIRE) — Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “the Company”) announces that it has acquired from privately held Arlène Explorations Ltd eleven additional new mining cells in the immediate vicinity of the Abrat SM property located approximately 50 kilometers East of the municipality of Kangiqsualujjuaq in Nunavik, Quebec. Now comprised of 164 cells with an area of approximately 7,300 hectares, the Company’s 100% owned Abrat SM project is located in an environment conducive to the discovery of spodumene pegmatites. Moreover, nearly 25 outcrops visited by the Quebec Ministry of Natural Resources (MERN) demonstrate the potential presence of a NW-SE pegmatiferous corridor of nearly 22 kilometers. Six samples from outcrops...

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Blink Charging Actively Expands EV Charging Infrastructure Across Latin America with Region-Specific Products

As the region experiences continued steady growth of electric vehicle sales, Blink steps up to meet the demand for a reliable charging infrastructure. Miami Beach, Fla., Aug. 15, 2023 (GLOBE NEWSWIRE) — Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global manufacturer, owner, operator, and provider of electric vehicle (EV) charging equipment and services, is expanding its footprint in Latin America (LATAM) to become a leader in growing the EV charging market within the region. Notably, Latin America experienced a remarkable 57% surge in EV charger sales during the first quarter of 2023 compared to the figures at the close of 2022. Since its entry into the Latin American market in 2020, Blink has firmly established a strong presence, having sucessfuly sold or deployed more than 2,100 EV chargers across...

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