August 21, 2023 – Goldea Capital

Max Power Advances Direct Lithium Extraction (DLE) Technology With Lawrence Berkeley National Laboratory

Written by Customer Service on August 21, 2023. Posted in Public Companies.

Dr. Brett Helms, Berkeley Lab Dr. Brett Helms, Berkeley Lab Dr. Michael Whittaker, Berkeley Lab Dr. Michael Whittaker, Berkeley Lab VANCOUVER, British Columbia, Aug. 21, 2023 (GLOBE NEWSWIRE) — MAX Power Mining Corp. (CSE: MAXX; OTC: MAXXF; FSE: 89N) (“MAX Power” or the “Company”) is pleased to report significant early progress in its co-operative research and development agreement (CRADA) with Lawrence Berkeley National Laboratory (Berkeley Lab, LBNL), a California-based U.S. Department of Energy laboratory managed by the University of California, to develop state-of-the-art direct lithium extraction (DLE) technologies for brine resources (refer to May 15, 2023 news release). Dr. Brett Helms and Dr. Michael Whittaker, two pre-eminent American research scientists at Berkeley Lab working in collaboration with MAX...

Qifu Technology Announces Second Quarter and Interim 2023 Unaudited Financial Results and Declares Semi-Annual Dividend

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Aug. 21, 2023 (GLOBE NEWSWIRE) — Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2023, and declared semi-annual dividend. Second Quarter 2023 Business Highlights As of June 30, 2023, our platform has connected 153 financial institutional partners and 220.6 million consumers*1 with potential credit needs, cumulatively, an increase of 11.5% from 197.9 million a year ago. Cumulative users with approved credit lines*2 were 47.4 million as of June 30, 2023, an increase of 14.9% from 41.3 million as of June 30, 2022. Cumulative borrowers with successful drawdown, including repeat borrowers was 28.5 million as of June 30, 2023, an increase...

Agora, Inc. Reports Second Quarter 2023 Financial Results

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

SANTA CLARA, Calif., Aug. 21, 2023 (GLOBE NEWSWIRE) — Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the second quarter ended June 30, 2023. “We continued to face a very challenging operating environment this quarter. The Agora business was impacted by the tightening financing conditions of certain customers, while the Shengwang business navigated a slowing economy and fast evolving regulations in certain downstream markets,” said Tony Zhao, founder, chairman and CEO of Agora, Inc. “In light of these challenges, we have taken steps to focus our resources on fewer projects with clear customer value, such as our high-definition video initiative, and target emerging use cases, such as vertical social networks. As a result, our...

Angus Gold Announces Workplace Incident at the Golden Sky Project

Written by Customer Service on August 21, 2023. Posted in Public Companies.

TORONTO, Aug. 21, 2023 (GLOBE NEWSWIRE) — Angus Gold Inc. (TSX-V: GUS | OTC: ANGVF) (“Angus” or the “Company”) regrets to report that an incident occurred at its Golden Sky Project which resulted in the fatality of an employee working for an independent contractor. The incident occurred while moving a drill on site. No other personnel were injured. The program is managed and undertaken by a third-party drilling operator. The Company is working with regulatory authorities in their review of the matter. Breanne Beh, President and CEO of Angus Gold stated, “We are shocked and deeply saddened by this unforeseeable and tragic accident at our exploration site. The safety of our employees and contractors is our highest priority. On behalf of the entire team at Angus, we extend our deepest sympathies to the contractor’s family, friends,...

CPI Aerostructures Reports Second Quarter and Six Month 2023 Results

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

Second Quarter 2023 vs. Second Quarter 2022 Revenue of $20.5 million compared to $18.9 million; Gross profit of $4.6 million compared to $3.7 million; Gross margin of 22.4% compared to 19.3%; Net income of $1.2 million compared to $0.5 million; Earnings per diluted share of $0.09 compared to $0.04; Cash flow from operations of $0.0 million compared to $0.3 million. Six Months 2023 vs. Six Months 2022 Revenue of $42.6 million compared to $39.1 million; Gross profit of $9.3 million compared to $7.1 million; Gross margin of 21.8% compared to 18.2%; Net income of $2.1 million compared to $0.5 million ($1.3 million excluding the first quarter severance accrual of $0.8 million); Earnings per diluted share of $0.17 compared to $0.04 ($0.10 excluding the first quarter severance accrual of $0.06); Cash flow from operations of $0.9 million compared...

Ethema Files Strong Second Quarter Results

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

WEST PALM BEACH, FL, Aug. 21, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Ethema Health Corporation (OTCPINK: GRST) (“Ethema”, “GRST” or the “Company”), filed its second quarter 10-Q today and reported strong results for the quarter. Included in the quarter filing was the accounting for the disposition of the Company’s wholly-owned subsidiary, Cranberry Cove Holdings Ltd. Effective June 30, 2023, Ethema sold its 100% interest in Cranberry Cove Holdings Ltd (“CCH”), a Canadian registered Company, to Leonite Capital, LLC (“Leonite”), the holder of the Series A Preferred Stock in CCH, with a carrying value of $700,000 and Series B Preferred Stock in Ethema, with a carrying value of $400,000, in exchange for the return of the Series B Preferred Stock and the accrued dividends thereon of $61,184. Due to Leonite’s preferred shareholdings...

Reflex Advanced Materials Corp. Announces Non-Brokered Private Placement

Written by Customer Service on August 21, 2023. Posted in Public Companies.

// NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES // VANCOUVER, British Columbia, Aug. 21, 2023 (GLOBE NEWSWIRE) — Reflex Advanced Materials Corp. (CSE:RFLX) (FSE:HF2) (“Reflex” or the “Company”) announces that it intends to complete a non-brokered private placement financing (the “Private Placement”) of up to 4,000,000 units of the Company (“Units”) at a price of $0.25 per Unit for aggregate gross proceeds of up to $1,000,000. Each Unit shall consist of one (1) common share in the capital of the Company (“Share”) and one-half (1/2) of one (1) Share purchase warrant (“Warrant”), whereby each Warrant shall entitle the holder thereof to purchase an additional Share at an exercise price of $0.35 for a period of 24 months from the date of issuance. Closing of the Private Placement...

Dundee Corporation Announces Acquisition of Senior Secured Notes and Units of Maritime Resources Corp.

Written by Customer Service on August 21, 2023. Posted in Mergers And Acquisitions.

TORONTO, Aug. 21, 2023 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired US$1,000,000 principal amount non-convertible senior secured notes of Maritime Resources Corp. (TSXV – MAE) (“Maritime” or the “Issuer”) maturing August 14, 2025 which may be extended by Maritime in certain circumstances and under certain conditions until August 14, 2026 (the “Extended Maturity Date”). As part of the purchase of the senior secured notes, Dundee Resources Limited received 7,662,285 warrants (“Note Warrants”) of Maritime. Each Note Warrant is exercisable into one common share in the capital of the Issuer at a price of $0.07 per Note Warrant up until August 14, 2025, and subject to an extension in the...

ZW Data Action Technologies Reports Second Quarter and First Half 2023 Unaudited Financial Results

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

BEIJING, Aug. 21, 2023 (GLOBE NEWSWIRE) — ZW Data Action Technologies Inc. (Nasdaq: CNET) (the “Company”), an integrated online advertising, precision marketing, data analytics and other value-added services provider serving enterprise clients, today announced its unaudited financial results for the three and six months ended June 30, 2023. Second Quarter 2023 Financial Results Revenues For the second quarter of 2023, revenues increased by approximately $2.88 million, or 41.4%, to $9.82 million from $6.95 million for the same period last year. The increase in revenues was primarily attributable to the increase in our main stream service revenues, i.e. distribution of the right to use search engine marketing services as a result of the end of the peak infection wave of COVID-19 in the first fiscal quarter of 2023 where...

Battalion Oil Corporation Announces Second Quarter 2023 Financial and Operating Results

Written by Customer Service on August 21, 2023. Posted in Earnings Releases And Operating Results.

HOUSTON, Aug. 21, 2023 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the second quarter of 2023. Key Highlights Generated second quarter 2023 sales volumes of 14,253 barrels of oil equivalent per day (“Boe/d”) Continued robust production results from our most recent wells Generated net loss of $4.7 million and Adjusted EBITDA of $16.8 million in the second quarter of 2023 Management Comments The Company has continued to work with its partner on the previously announced acid gas injection (“AGI”) project and now expects to have the facility online before year end. Additional compression and well work are underway to maximize the expense savings potential of the project once it is fully online. The latest Monument Draw well continues...

Day: August 21, 2023

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