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Month: August 2023

Enservco Corporation Schedules Second Quarter Earnings Call

LONGMONT, Colo., Aug. 12, 2023 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced it has scheduled its 2023 second quarter earnings call for Tuesday August 15, 2023, at 9:00 a.m. ET. The conference call will be accessible by dialing 877-545-0523 (973-528-0016 for international callers), access code 173030. A telephonic replay will be available through August 29, 2023, by calling 877-481-4010 (919-882-2331 for international callers) and entering the Replay ID # 48952. To listen to the webcast, participants should access the Enservco website, located at www.enservco.com, and link to the “Investors” page at least 10 minutes early to register. Participants can...

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17 Education & Technology Group Inc. Announces Receipt of Minimum Bid Price Notice from Nasdaq

BEIJING, Aug. 12, 2023 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (NASDAQ: YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated August 3, 2023, indicating that for the last 30 consecutive business days, the closing bid price for the Company’s American depositary shares (the “ADSs”) was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Nasdaq notification letter has no current effect on the listing or trading of the Company’s securities on the Nasdaq Global Market. Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a compliance...

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Healthcare Insurance Market Set to Soar Past USD 4 Trillion by 2030

The global Healthcare Insurance market size is expected to reach USD 4 trillion by 2030 and exhibit a CAGR of 4.4% in the forecast period (2023−2030), according to Skyquest’s latest research report. The growing demand for cost containment, regulatory requirements, ageing population, technological advancements, increasing healthcare expenditures, rising chronic diseases, and evolving reimbursement models are fueling the Market’s growth. Westford USA, Aug. 11, 2023 (GLOBE NEWSWIRE) — According to SkyQuest’s latest global research of the Healthcare Insurance market, digital transformation, telemedicine adoption, value-based care models, increased focus on preventive care, the rise of consumer-driven healthcare, integration of artificial intelligence and data analytics, growing demand for customized insurance plans,...

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Titan Reports Strong Safety and Production Results for Second Quarter 2023

VANCOUVER, British Columbia, Aug. 11, 2023 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI) (“Titan” or the “Company“) announces the results for the quarter ended June 30, 2023. (All amounts are in U.S. dollars unless otherwise stated) Don Taylor, President and Chief Executive Officer of Titan, commented, “Titan’s ESM operations continued the momentum gained in the first quarter with an outstanding second quarter meeting or exceeding targets for the major metrics in safety and production.” Q2 2023 HIGHLIGHTS:No Lost Time Injuries and a recordable injury frequency rate at half the national average for underground metal mines. Zinc production of 15.0 million payable pounds, up 9% from the prior quarter; Zinc sales of 15.0 million payable pounds, up 1% from the prior quarter; $9.0 million in revenue, down 47% when...

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Blender Bites Announces Historic Number of Purchase Orders

Sees 125% Increase in Total Value of Purchase Orders Received Over the Last Three Months from May to July 2023 VANCOUVER, British Columbia, Aug. 11, 2023 (GLOBE NEWSWIRE) — Blender Bites Limited. (the “Company”, “Blender Bites” or “Blender”), (CSE: BITE, FWB: JL4, WKN: A3DMEJ), a multi award-winning Canadian company involved in the development and marketing of a line of premium, frozen functional food and beverages, is excited to announce a record number of purchase orders received in the three months from May 2023 to July 2023. Blender Bites is pleased to announce that during the three months from May 2023 to July 2023, the Company has received purchase orders totalling CA$1,869,000. This is a historic record for the value of purchase orders received by the Company in any given period and represents an increase of over 125% in...

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Robert Friedland Files Early Warning Report

SINGAPORE, Aug. 11, 2023 (GLOBE NEWSWIRE) — This news release is issued by Robert M. Friedland pursuant to the early warning requirements of Canada’s National Instrument 62-104 and National Instrument 62-103 with respect to class A (“Common Shares”) of Ivanhoe Mines Ltd. (“Ivanhoe Mines”). In connection with a personal financing transaction entered into by Mr. Friedland with a third-party U.S. commercial bank (the “Financial Institution”), Mr. Friedland has pledged as security an aggregate of 32,500,000 common shares in favour of the Financial Institution (the “Pledged Shares”), which constitute 2.66% of the 1,220,553,764 common shares of Ivanhoe Mines currently issued and outstanding. Mr. Friedland has also purchased an aggregate of 22,000,000 put options allowing him to sell 22,000,000 common shares to the Financial Institution...

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Nexus Industrial REIT Announces Q2 2023 Results and August and September Distributions

TORONTO, Aug. 11, 2023 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the quarter ended June 30, 2023. HighlightsJuly 4 – acquired a 141,534 square foot industrial property located in Burlington, Ontario for $48.4 million. June 15 – acquired a 304,323 square foot industrial property located in London, Ontario for a contractual purchase price of $56.4 million. $24.3 million of the purchase price was settled through the issuance of 2,359,978 Class B LP Units at a deemed price per unit of $10.30. June 5 – acquired an 18-acre parcel of land in St. Thomas, Ontario, for $4.5 million. The parcel acquired is adjacent to another property owned by the REIT. June 5 – sold an industrial property located in Kamloops, British Columbia for $4.2 million. June 1 –...

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Patriot Reports Second Quarter Results

Increases Loan Balances, Credit Reserves & Liquidity STAMFORD, Conn., Aug. 11, 2023 (GLOBE NEWSWIRE) — Patriot National Bancorp, Inc. (“Patriot,” “Bancorp” or the “Company”) (NASDAQ: PNBK), the parent company of Patriot Bank, N.A. (the “Bank”), today announced net loss of $546 thousand, or $(0.14) basic and diluted loss per share for the quarter ended June 30, 2023. These results compared to net loss of $53 thousand, or $(0.01) per basic and diluted loss per share for the first quarter of 2023 and net income of $1.3 million, or $0.32 basic and diluted earnings per share reported in the second quarter of 2022. For the six months ended June 30, 2023, net loss was $599 thousand, or $(0.15) basic and diluted loss per share, compared to a net income of $2.1 million, or $0.52 basic and diluted earnings per share for the six months...

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Enthusiast Gaming Announces Changes to Board of Directors

LOS ANGELES, Aug. 11, 2023 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (Nasdaq: EGLX; TSX: EGLX) (the “Company”), a leading gaming media and entertainment company, today announced that the Company is undertaking a process with Greywood Investments, LLC (“Greywood”) to identify replacement nominee directors for appointment to the Company’s board of directors to replace Greywood’s two original nominee directors, David Goldhill and Janny Lee, each of whom has resigned from the board effective August 8, 2023. About Enthusiast Gaming Enthusiast Gaming is a leading gaming media and entertainment company, building the largest platform for video game enthusiasts and esports fans to connect and compete worldwide. Combining the elements of its five core pillars: creators, content, communities, games, and experiences, Enthusiast...

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POET Technologies Reports Second Quarter 2023 Financial Results

TORONTO, Aug. 11, 2023 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™, Photonic Integrated Circuits (PICs) and light sources for the data center, tele-communication and artificial intelligence markets, today reported its consolidated financial results for the second quarter ended June 30, 2023. The Company’s financial results as well as the accompanying Management Discussion and Analysis have been filed on SEDAR and EDGAR. All financial figures are in United States dollars (“USD”) unless otherwise indicated. Business Highlights since First Quarter Results reported on May 15, 2023:On June 14, 2023, the Company announced alpha sample readiness of “POET Infinity™”, a chiplet-based transmitter platform...

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