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Month: August 2023

Newcore Gold Announces Annual Grant of Equity Incentive Awards

VANCOUVER, British Columbia, Aug. 18, 2023 (GLOBE NEWSWIRE) — Newcore Gold Ltd. (“Newcore” or the “Company”) (TSX-V: NCAU, OTCQX: NCAUF) announces the annual grant of equity incentive awards. Newcore has granted 1,540,000 stock options and 531,000 restricted share units (together the “Equity Incentive Awards”) to employees, directors and executives of the Company. The stock options were granted at a price of $0.20 per share for a period of five years. The Equity Incentive Awards are subject to regulatory approval, are granted under the Company’s long-term incentive plan and are subject to vesting provisions.   About Newcore Gold Ltd. Newcore Gold is advancing its Enchi Gold Project located in Ghana, Africa’s largest gold producer (1). Newcore Gold offers investors a unique combination of top-tier...

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Revival Gold Terminates Royalty Interest

TORONTO, Aug. 18, 2023 (GLOBE NEWSWIRE) — Revival Gold Inc. (TSXV: RVG, OTCQX: RVLGF) (“Revival Gold” or the “Company”), is pleased to announce that it has reached an agreement to terminate a 1% Net Smelter Royalty (“NSR”) on sixteen claims (the “HAI and Gold Bug Claims”) that comprised approximately 133 hectares within Revival Gold’s Beartrack-Arnett 5,800 hectare project area. The HAI and Gold Bug Claims were acquired by Revival Gold in 2017 subject to a 1% NSR with an option for the Company to buyback the 1% NSR for a price of US$2 million. The claims are undrilled by Revival Gold and currently host no Mineral Resources. Revival Gold has agreed to deliver the following in exchange for extinguishing the 1% NSR on the HAI and Gold Bug Claims:C$75,000 cash payment on closing (“Closing”); and 200,000 common shares of Revival Gold...

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Pacific Health Care Organization, Inc. Reports its Results for the Period ended June 30, 2023

Irvine, Aug. 18, 2023 (GLOBE NEWSWIRE) — Results The Company reported net income of $176,427 or $0.01 per basic and fully diluted common share for the three months ended June 30, 2023, compared to net income of $124,524, or $0.01 per basic and fully diluted common share for the three months ended June 30, 2022.   For the first six months of 2023 the Company reported net income of $307,536 or $0.02 per basic and fully diluted common share, compared to net income of $313,059 or $0.02 per basic and fully diluted common share for the first six months of 2022. Total revenues for the three months ended June 30, 2023 was $1,298,894 compared to $1,400,451 for the same period in 2022, a decrease of $101,557 or 7 percent.  For the first six months of 2023 the Company recorded total revenue of $2,611,537 compared to total revenues of $2,827,834...

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Arcutis Appoints Interim Chief Financial Officer (CFO)

Former and First Arcutis CFO, John Smither, Appointed Interim WESTLAKE VILLAGE, Calif., Aug. 18, 2023 (GLOBE NEWSWIRE) — Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), an early commercial-stage biopharmaceutical company focused on developing meaningful innovations in immuno-dermatology, today announced that John W. Smither, who served as Arcutis’ first Chief Financial Officer (CFO) from 2019 to 2021, has been appointed interim CFO effective August 31. He is replacing Scott Burrows, who is leaving the Company as of such date to pursue an external opportunity. “We are delighted that John has agreed to step in as interim CFO. He brings an incredible depth and breadth of both financial acumen and dermatology experience from his 25+-year career in the pharmaceutical industry, culminating in five successive CFO roles including his previous...

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Ocugen to Host Conference Call on Tuesday, August 22 at 8:30 A.M. ET to Discuss Business Updates and Second Quarter 2023 Financial Results

MALVERN, Pa., Aug. 18, 2023 (GLOBE NEWSWIRE) — Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies, biologics, and vaccines, today announced that it will host a conference call and live webcast to discuss the Company’s second quarter 2023 financial results and provide a business update at 8:30 a.m. ET on Tuesday, August 22, 2023. Ocugen will issue its 2Q23 financial results on Monday, August 21, 2023. Following the press release, the Company will hold the conference call on Tuesday, August 22 at 8:30 a.m. ET. Attendees are invited to participate in the call using the following details: Dial-in Numbers: (800) 715-9871 for U.S. callers and (646) 307-1963 for international callersConference ID: 6803433Webcast: Available on...

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AM Best downgrades credit ratings of United Fire Group, Inc. and its property/casualty subsidiaries to A- (Excellent) with stable outlook

CEDAR RAPIDS, Iowa, Aug. 18, 2023 (GLOBE NEWSWIRE) — Today, AM Best announced downgrades of the credit ratings of United Fire Group, Inc. (“UFG”) and its property/casualty subsidiaries. Specifically, the Financial Strength Rating was downgraded to A- (Excellent) from A (Excellent), and the Long-Term Issue Credit Ratings (“ICR”) of the property/casualty subsidiaries of UFG to “a-” (Excellent) from “a” (Excellent). Concurrently, AM Best has downgraded the Long-Term ICR to “bbb-” (Good) from “bbb” (Good) of UFG. The outlook of these ratings was revised to stable. See the AM Best press release at news.ambest.com for full commentary. “While we are disappointed with this outcome, we acknowledge that recent years’ financial results have not met our high standards as a company,” said Kevin Leidwinger, President...

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Acceleware Ltd. Reports Second Quarter 2023 Financial and Operating Results

CALGARY, Alberta, Aug. 18, 2023 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of transformative technologies targeting the decarbonization of industrial heating, today announced its financial and operating results for six months ended June 30, 2023 (all figures are in Canadian dollars unless otherwise noted) (“Q2 2023”). Acceleware’s quarter end results reflect contributions from the Company’s two business units, radio frequency (“RF”) heating for industrial applications using the Company’s proprietary Clean Tech Inverter (“CTI”) including enhanced oil recovery (“RF XL”), and high-performance computing (“HPC”) scientific software. This news release should be read in conjunction with the Company’s unaudited interim condensed financial statements and the accompanying notes...

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Maui Land & Pineapple Company Reports Second Quarter 2023 Results

Provides update about ongoing support for wildfire aid on Maui KAPALUA, Hawaii, Aug. 18, 2023 (GLOBE NEWSWIRE) — Maui Land & Pineapple Company, Inc. (NYSE: MLP) today reported its second quarter financial results along with a company update after wildfire destruction to the Upcountry area and severe impacts to the nearby town of Lahaina, Maui. The report covers the second quarter and six months ended June 30, 2023. “The destruction from wildfires on Maui is devastating.  Our hearts go out to the families across the island who have lost loved ones, homes, history, and more.  We are grateful that Maui Land & Pineapple Company team members and assets are safe.  In this time of great need, we are focused on mobilizing in support of the relief efforts for our team, tenants, residents, partners, and community members.  Over...

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As Hurricane Hilary approaches the West Coast, Verizon is ready

LOS ANGELES, Aug. 18, 2023 (GLOBE NEWSWIRE) — With Hurricane Hilary expected to make landfall in Southern California this weekend, Verizon’s team is working to ensure its people and assets are ready to be deployed at a moment’s notice to assist with rapid recovery efforts of critical communications infrastructure. With the expectation of record rainfall and possible flooding from the storm, Verizon’s network team is preparing for the worst. While the use of battery and generator backup systems in critical locations such as cell sites and network operations centers serve to minimize the risk of disruption if commercial power is lost, even the most hardened infrastructure can be shaken by Mother Nature. In case emergency network recovery becomes necessary after Hurricane Hilary makes landfall, Verizon is prepared to respond quickly....

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Applied UV to Host Second Quarter 2023 Conference Call on August 21, 2023

NEW YORK, NY, Aug. 18, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — Applied UV, Inc. (NASDAQ: AUVI), a leader in global food security, air quality, and intelligent building solutions, today announced that the Company will be hosting an investor conference call and live webcast on Monday, August 21, 2023 at 9:00 am ET to review its financial results. The Company’s second quarter 2023 financial results press release will be issued before the market open on Monday, August 21, 2023 and will be available through the Investor Relations section of the company’s website at https://irdirect.net/AUVI. The Company plans to file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, with the SEC before the earnings webcast. Conference Call/Webcast Information Applied UV’s management team will host an investor...

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