August 29, 2023 – Page 2

StateHouse Reports Second Quarter 2023 Financial Results

Written by Customer Service on August 29, 2023. Posted in Earnings Releases And Operating Results.

Q2 Revenue increased 2% sequentially to $25.3 million with a 15% improvement in gross margin for a consolidated Q2 Gross Margin of 49.9% Generated $635K in Positive Adjusted EBITDA Commitment to cost savings drove Q2 operating expense decline of $14.3 million or 50% from Q2 2022 TOPS Loyalty Program Customers recently surpassed 280,000 Members Enrolled Building Strong Customer demand with Dime Bag Brand Revenue up 41% sequentially SAN DIEGO and TORONTO, Aug. 29, 2023 (GLOBE NEWSWIRE) — StateHouse Holdings Inc. (“StateHouse” or the “Company”) (CSE: STHZ) (OTCQB: STHZF), a California-focused, vertically integrated cannabis company, today announced its financial results for the three-month (“Q2 2023”) and six-month periods ended June 30, 2023, and provided additional business updates. The unaudited condensed interim consolidated...

Statkraft signs agreement to purchase two wind farms (260 MW) in Brazil

Written by Customer Service on August 29, 2023. Posted in Public Companies.

(Oslo/Florianopolis, 29 August 2023) Statkraft Energías Renováveis SA (SKER), Statkraft’s subsidiary in Brazil has signed an agreement with EDP Renováveis S.A. (“EDPR”) to acquire the two operational wind farms, Jerusalém and Boqueirão, located in the state of Rio Grande do Norte. The two wind farms consist of 62 turbines and have an installed capacity of 260 megawatts (MW). Currently, SKER controls 19 renewable power plants in Brazil, with approximately 450 megawatts (MW) of installed capacity and more than 600 MW of wind power under construction in the state of Bahia.“Brazil is an important country for Statkraft Group’s growth, combining greenfield development of renewable technologies and acquisitions. This transaction is another significant step to the continuity of our investment plan,” says Fernando...

Innovative Payment Solutions Announces 1-for-30 Reverse Stock Split Effective as of Tuesday Morning, August 30, 2023

Written by Customer Service on August 29, 2023. Posted in Public Companies.

CARMEL BY THE SEA, Calif., Aug. 29, 2023 (GLOBE NEWSWIRE) — Innovative Payment Solutions, Inc. (OTCQB: IPSI) (“IPSI” or the “Company”), a leading FinTech provider of digital payment platforms, today announced that it has effectuated a reverse stock split of its common stock at a ratio of 1 post-split share for every 30 pre-split shares that will become effective on the OTC Marketplace at 8:00 a.m. Eastern time on Wednesday, August 30, 2023. Under FINRA rules, the Company’s common stock will be traded on the OTC Marketplace under the symbol “IPSID” on a split-adjusted basis for the first 20 trading days, after which the Company’s stock symbol will revert back to “IPSI”. The new CUSIP number for the common stock following the reverse stock split is 45783M208. At the Company’s 2022 Annual Meeting of Shareholders held on November 2,...

LIZHI INC. Reports Second Quarter 2023 Unaudited Financial Results

Written by Customer Service on August 29, 2023. Posted in Earnings Releases And Operating Results.

GUANGZHOU, China, Aug. 29, 2023 (GLOBE NEWSWIRE) — LIZHI INC. (“LIZHI” or the “Company” or “We”) (NASDAQ: LIZI), an audio-based social and entertainment platform, today announced its unaudited financial results for the second quarter ended June 30, 2023. Second Quarter 2023 Financial and Operational Highlights Net revenues were RMB592.9 million (US$81.8 million) in the second quarter of 2023, representing a 15% increase from RMB515.7 million in the second quarter of 2022. Average total mobile MAUs1 in the second quarter of 2023 was 45.6 million, compared with 49.7 million in the second quarter of 2022. Average total monthly paying users2 in the second quarter of 2023 was 433.7 thousand, compared with 485.1 thousand in the second quarter of 2022. Mr. Jinnan (Marco) Lai, Founder and CEO of LIZHI, commented, “In the second quarter...

Pasinex Announces Second Quarter 2023 Financial Results

Written by Customer Service on August 29, 2023. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 29, 2023 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) is pleased to provide a company update. Cautionary Note The Company has not completed a current technical report that includes a mineral resource estimate as defined by the Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council, and procedures for classifying the reported Mineral Resources were undertaken within the context of the Canadian Securities Administrators National Instrument 43-101 (NI 43-101). The Company has no intention of completing a NI 43-101 compliant technical report. The Joint Venture has not followed accepted quality assurance and quality control procedures with respect to its current drilling program...

Inventronics Announces 2023 Q2 Financial Results

Written by Customer Service on August 29, 2023. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 29, 2023 (GLOBE NEWSWIRE) — Inventronics Limited (“Inventronics” or the “Corporation”) (IVX:TSX Venture), a designer and manufacturer of enclosures for the telecommunications, cable, power distribution, energy and other industries in North America, today announced its unaudited 2023 Q2 financial results. For the three months ended June 30, 2023, Inventronics reported net earnings of $346,000, or 7.1 cents per share, on revenue of $3,103,000 compared to net earnings of $803,000, or 16.7 cents per share, on revenue of $4,269,000 for the three months ended June 30, 2022. For the six months ended June 30, 2023, Inventronics reported net earnings of $671,000, or 13.8 cents per share, on revenue of $6,438,000 compared to net earnings of $1,305,000, or 27.2 cents per share, on revenue of $8,056,000 for the comparative...

DIVERGENT Energy Services Announces the Release of 2023 Second Quarter Results

Written by Customer Service on August 29, 2023. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 29, 2023 (GLOBE NEWSWIRE) — DIVERGENT Energy Services Corp. (“Divergent”, the “Company“, or “DVG”) announces the release of its financial results for the three and six months ended June 30, 2023. All amounts are in thousands (000’s) of United States Dollars, unless otherwise noted. HIGHLIGHTS FOR THE QUARTER The Company posted its highest ever quarterly revenue from oil-related product sales and service. Adjusted EBTIDA of $67 thousand in the second quarter of 2022 represents the eleventh consecutive quarter of positive adjusted EBITDA. Despite slowdowns in customer activity, the Company continues to maintain a strong balance sheet. INDUSTRY OUTLOOK Global demand for oil remains strong as the world’s major economies continue to rely on petroleum products in everyday life. Macroeconomic...

Nasdaq Announces CFO Transition

Written by Customer Service on August 29, 2023. Posted in Public Companies.

NEW YORK, Aug. 29, 2023 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ) today announced the appointment of Sarah Youngwood as Executive Vice President and Chief Financial Officer, effective December 1, 2023. Youngwood will succeed Ann Dennison, who has held the role since 2021 and will remain at the company until the end of the year to ensure an orderly transition. Youngwood is an accomplished leader in the financial services industry, having previously served as Chief Financial Officer and Group Executive Board member for UBS Group, where she held a key role in modernizing the bank’s infrastructure and the acquisition of Credit Suisse. Prior to UBS, Youngwood spent more than two decades at JPMorgan Chase in a number of executive roles, including as Chief Financial Officer, Consumer and Community Banking and Global Technology, Head...

Osino Successfully Lists on the Namibian Stock Exchange

Written by Customer Service on August 29, 2023. Posted in Public Companies.

Osino has successfully dual-listed on the Namibian Stock Exchange. TSX Venture Exchange remains primary listing. Namibian listing facilitates trading of shares by Namibians and Namibian funds, while also accessing empowerment opportunities and local capital market participation. VANCOUVER, British Columbia, Aug. 29, 2023 (GLOBE NEWSWIRE) — Osino Resources Corp. (TSXV:OSI)(NSX:OSN)(FSE:RSR1) (OTCQX:OSIIF) (“Osino” or “the Company”) is pleased to announce that the Company has successfully dual-listed on the Namibian Stock Exchange (“NSX”) under the symbol “OSN”. There will be no change to Osino’s listing on the TSX Venture Exchange (TSXV) which will remain the primary listing for Osino’s common shares. Heye Daun, Osino’s Co-Founder and CEO, and Namibian-born mining engineer, commented: “The Twin Hills Gold Project is expected...

Epsilon Energy Ltd. Announces Quarterly Dividend and Provides Operational Update

Written by Customer Service on August 29, 2023. Posted in Dividend Reports And Estimates.

HOUSTON, Aug. 29, 2023 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that its Board of Directors has declared a dividend of $0.0625 per share of common stock (annualized $0.25/sh) to the stock holders of record at the close of business on September 15th 2023, payable on September 29th 2023. All dividends paid by the Company are “eligible dividends” as defined in subsection 89(1) of the Income Tax Act (Canada), unless indicated otherwise. Jason Stabell, Epsilon’s Chief Executive Officer, commented, “In addition to the quarterly dividend, we would like to provide an update on our operations in Pennsylvania and Texas. We are happy to report that the operator of our upstream assets in the Marcellus recently notified us of near-term drilling plans on our acreage. In late September,...

Day: August 29, 2023

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