Day: October 11, 2023

MARKSMEN ANNOUNCES OPERATIONAL UPDATE

Written by Customer Service on October 11, 2023. Posted in Public Companies.

CALGARY, ALBERTA, Oct. 11, 2023 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) is pleased to announce that it has successfully completed an upper zone that was behind pipe in a well in Pickaway County, Ohio. This upper zone has been a prolific hydrocarbon producing interval in other areas of Ohio and Marksmen is very excited about the opportunity to further develop this interval in its acreage position. The upper zone was perforated on Monday, October 9, 2023, and swabbing operations commenced soon after. There were significant oil shows seen in the surface production tank from the first to last swabs. This formation is typically a water-drive with small amounts of solution gas. The well will be put on pump Friday, October 13, 2023. All surface equipment, storage tanks and electrical equipment are already...

Genetron Health Enters into Definitive Merger Agreement for Going Private Transaction

Written by Customer Service on October 11, 2023. Posted in Mergers And Acquisitions.

BEIJING, Oct. 11, 2023 (GLOBE NEWSWIRE) — Genetron Holdings Limited (“Genetron Health” or the “Company”, NASDAQ: GTH), a leading precision oncology platform company in China that specializes in offering molecular profiling tests, early cancer screening products and companion diagnostics development, announced today that it has entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with New Genetron Holding Limited (“Parent”) and Genetron New Co Limited (“Merger Sub”), a wholly-owned subsidiary of Parent. Pursuant to the Merger Agreement and subject to the terms and conditions thereof, Merger Sub will merge with and into the Company, with the Company continuing as the surviving entity and becoming a wholly-owned subsidiary of Parent (the “Merger”), in a transaction implying an equity value of the Company...

Highland Copper Announces Management Changes

Written by Customer Service on October 11, 2023. Posted in Public Companies.

VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) — Highland Copper Company Inc. (TSXV: HI; OTCQB: HDRSF) (“Highland” or the “Company”) today announces that Denis Miville-Deschenes, President and Chief Executive Officer, will depart the Company. Barry O’Shea, Highland’s Chief Financial Officer, has been appointed by Highland’s Board as Interim CEO, effective immediately, while the Board seeks a full-time replacement. Steve Hicks, Chair of the Board of Highland, stated, “On behalf of the Board, I would like to thank Denis for his contributions as Highland CEO over the past seven years.” Mr. O’Shea has considerable operating, capital markets and finance experience across diverse industries and countries. Prior to Highland, he was the CFO of Fiore Gold Ltd., who successfully restarted the Pan Mine in Nevada and was subsequently...

Gamer Pakistan Announces Closing of Initial Public Offering

Written by Customer Service on October 11, 2023. Posted in Public Companies.

HENDERSON, Nev., Oct. 11, 2023 (GLOBE NEWSWIRE) — Gamer Pakistan Inc. (NASDAQ: GPAK), an early-stage technology and esports company focused on game development and in-game AI community engagement, and organizing esports events in Pakistan, today announced the closing of its initial public offering of 1,700,000 shares at a public offering price per share of $4.00. The Company’s stock began trading on the Nasdaq Capital Market under the ticker symbol “GPAK”. The gross proceeds to Gamer Pakistan from the offering, before deducting the underwriting discounts and commissions and offering expenses, amount to $6.8 million. Gamer Pakistan expects to use the net proceeds from the offering to build infrastructure, organize and promote esports tournaments in Pakistan, increase staff, acquire one or more eGame developers, build an integration...

Bel Fuse Inc. Schedules Third Quarter 2023 Financial Results Conference Call

Written by Customer Service on October 11, 2023. Posted in Public Companies.

WEST ORANGE, N.J., Oct. 11, 2023 (GLOBE NEWSWIRE) — Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer, and provider of products that power, protect and connect electronic circuits, today announced plans to release preliminary financial results for the third quarter after market close on Wednesday, October 25, 2023. An earnings conference call has been scheduled as follows:When: Thursday, October 26, 2023 at 8:30 a.m. ET Dial in: Toll free – 877.407.0784, or international – 201.689.8560 Online: https://ir.belfuse.com/events-and-presentations How: Live over the internet – Simply log on to the web at the address above Replay: 844.512.2921, or international: 412.317.6671 Conference ID: 13741796A replay will be available after 12:30 p.m. ET for 20 days following the call. About...

Saia to Announce Third Quarter 2023 Results on October 27, 2023

Written by Customer Service on October 11, 2023. Posted in Public Companies.

JOHNS CREEK, Ga., Oct. 11, 2023 (GLOBE NEWSWIRE) — Saia, Inc. (Nasdaq: SAIA), a leading transportation provider offering national less-than-truckload (LTL), non-asset truckload, expedited and logistics services, announced that it will release its quarterly financial results before the market opens on Friday, October 27th. Saia management will host a conference call to discuss the results later that morning at 10:00 a.m. Eastern Time. To participate in the call, please dial 1-888-440-5655 or 1-646-960-0338 referencing conference ID #9246157. Callers should dial in five to ten minutes in advance of the conference call. This call will be webcast live via the company website at https://www.saia.com/about-us/investor-relations/financial-releases. A replay of the call will be offered two hours after the completion of the call through...

Fat Projects Acquisition Corp Announces Intention to Extend the Deadline to Complete a Business Combination to November 15, 2023

Written by Customer Service on October 11, 2023. Posted in Mergers And Acquisitions.

SINGAPORE, Oct. 11, 2023 (GLOBE NEWSWIRE) — Fat Projects Acquisition Corp (NASDAQ: FATPU, FATP, FATPW) (“FATP”), a special purpose acquisition company, announced today that it has notified Continental Stock Transfer and Trust Company that it intends to extend the deadline to complete its initial business combination from October 15, 2023 to November 15, 2023 by depositing $24,279.65 into its Trust Account by October 15, 2023. This is the seventh of up to nine 1-month extensions that FATP is authorized to obtain under its Amended and Restated Memorandum and Articles of Association, as amended. The extension provides FATP with additional time to complete its initial business combination (the “Business Combination”) with Avanseus Holdings Pte. Ltd., a Singapore private company limited by shares (“Avanseus”). As previously reported,...

Vital Energy Provides Select Preliminary Third-Quarter 2023 Results

Written by Customer Service on October 11, 2023. Posted in Earnings Releases And Operating Results.

Total and oil production exceed outlook with capital investments below low end of guidance Company provides third-quarter 2023 earnings and conference call details TULSA, OK, Oct. 11, 2023 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today provided select preliminary results for third-quarter 2023, including average daily total and oil production and incurred capital investments. Details for the Company’s third-quarter 2023 earnings release and conference call are provided within this release. Third-Quarter 2023 Preliminary Production and Capital Expenditures Production. The Company’s third-quarter 2023 total production averaged approximately 101.3 thousand barrels of oil equivalent per day (“MBOE/d”), above guidance of 94.0 – 98.0 MBOE/d. Oil production...

Richardson Electronics Reports First Quarter Fiscal 2024 And Declares Quarterly Cash Dividend

Written by Customer Service on October 11, 2023. Posted in Earnings Releases And Operating Results.

First Quarter HighlightsNet sales of $52.6 million were down $15.0 million, or 22.2% from last year’s first quarter primarily due to a near-term reduction in sales to semiconductor wafer fab customers, and a timing-related reduction in ultracapacitor module sales to replace lead acid batteries in existing wind turbines. A challenging economic backdrop accounted for the remainder of the year-over-year decline in sales. Backlog totaled $148.1 million in the first quarter versus $160.4 million at the end of the fourth quarter of fiscal 2023. Gross margin was 32.8% of net sales for the first quarter of fiscal 2024, compared to 34.1% in the prior year’s first quarter. The decrease was driven primarily by a less profitable mix of sales. Gross margin increased 4.9 percentage points from the fourth quarter of fiscal 2023 because of improved...

Locafy Reports Fiscal Fourth Quarter and Full Year 2023 Results

Written by Customer Service on October 11, 2023. Posted in Earnings Releases And Operating Results.

Fiscal 2023 Highlighted By 27% Total Revenue Increase and Gross Margin Increase to 73.9% Positive Results Driven by Several Reseller Wins and the Completion of Locafy’s Platform Upgrade PERTH, Australia, Oct. 11, 2023 (GLOBE NEWSWIRE) — Locafy Limited (Nasdaq: LCFY, LCFYW) (“Locafy” or the “Company”), a globally recognized software-as-a-service technology company specializing in local search engine marketing, today reported financial results for the 2023 fiscal fourth quarter and full year ended June 30, 2023. All financial results are reported in Australian Dollars (AUD). Recent Operational HighlightsCompleted migration of Locafy customers to its upgraded SEO Platform (“Platform”) incorporating Locafy’s proprietary “Entity-Based” software, providing Locafy customers with a high-end technology stack, in-depth analytics and insights,...

Day: October 11, 2023

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