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Day: November 1, 2023

Archer Demonstrates Multiplexing Readout for Its Advanced Biochip gFET

HighlightsArcher Materials has demonstrated multiplexing readout for its Biochip by integrating its advanced gFET sensors with newly developed hardware and software that analyse multiple liquid samples on a chip at once. Archer will apply the single-chip multiplexing capability to biologically relevant molecules, which will potentially enable end-users to detect multiple diseases from one single chip. The Biochip designs and devices form the basis of intellectual property that is 100% owned by Archer.SYDNEY, Australia, Nov. 01, 2023 (GLOBE NEWSWIRE) — Archer Materials Limited (“Archer”, the “Company”, “ASX: AXE”), a semiconductor company advancing the quantum computing and medical diagnostics industries, has demonstrated multiplexing readout for its advanced Biochip graphene field effect transistor (“gFET”) device. Archer confirmed...

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Corvus Pharmaceuticals Announces Publication of Preclinical Data Demonstrating Potential of ITK Inhibition with Soquelitinib as a Novel Approach to T Cell-Mediated Inflammatory and Immune Diseases

Data demonstrated soquelitinib was active in six inflammatory/immune disease models and provides rationale for development in a range of additional Th2- and Th17-mediated diseases Soquelitinib’s unique mechanism of action inhibited the production of Th2 and Th17 cells, providing upstream attenuation of several validated cytokine targets such as IL-4, IL-5, IL-13, IL-17 BURLINGAME, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) — Corvus Pharmaceuticals, Inc. (Nasdaq: CRVS), a clinical-stage biopharmaceutical company, today announced the publication of preclinical data that demonstrated the potential of ITK inhibition as a novel approach to treat T cell-mediated inflammatory and immune diseases. Corvus’ ITK inhibitors include soquelitinib (formerly known as CPI-818), which was used in the preclinical studies and is currently in clinical...

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Green Hygienics Holdings Inc. Provides a Corporate Update

Potrero, CA, Nov. 01, 2023 (GLOBE NEWSWIRE) — PUBCOWIRE – Green Hygienics Holdings Inc. (OTCQB: GRYN) (“Green Hygienics” or the “Company”) is pleased to announce the following Corporate Updates.   As a result of not having filed the April 30, 2022, Form 10-Q and the July 31st, 2022, Form 10-K in the required time frame, the Company was moved to the Expert Market which serves broker-dealer pricing and investor best execution needs. While the Company can provide no assurances as to timing, it is close to finalizing unaudited financials and has engaged legal counsel to assist with filing an application to FINRA to list on to the OTC Pink sheets. Following that the Company plans to audit the financials and complete the appropriate filings as soon as practicably possible to regain its listing on the OTCQB. During the interim both...

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EuroDry Ltd. Sets Date for the Release of Third Quarter 2023 Results, Conference Call and Webcast

ATHENS, Greece, Nov. 01, 2023 (GLOBE NEWSWIRE) — EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today that it will release its financial results for the third quarter ended September 30, 2023 on November 8, 2023 before market opens in New York. On the same day, Wednesday, November 8, 2023 at 11:00 a.m. Eastern Time, the Company’s management will host a conference call and webcast to discuss the results. Conference Call details:Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877 405 1226 (US Toll-Free Dial In) or +1 201 689 7823 (US and Standard International Dial In). Please quote “EuroDry” to the operator and/or conference ID13742553. Click here...

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STEP Energy Services Ltd. Reports Third Quarter 2023 Results

CALGARY, Alberta, Nov. 01, 2023 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2023. The following press release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and unaudited condensed consolidated interim financial statements and notes thereto as at September 30, 2023 (the “Financial Statements”). Readers should also refer to the “Forward-looking information & statements” legal advisory and the section regarding “Non-IFRS Measures and Ratios” at the end of this press release. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated. Additional information about STEP is available on the SEDAR website at www.sedar.com,...

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Kayne Anderson Energy Infrastructure Fund and Kayne Anderson NextGen Energy & Infrastructure Announce Approval of Proposed Merger

HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) — KA Fund Advisors, LLC (“Kayne Anderson”), which serves as the investment adviser to Kayne Anderson Energy Infrastructure Fund, Inc. (NYSE: KYN) and Kayne Anderson NextGen Energy & Infrastructure, Inc. (NYSE: KMF), today announced that all requisite stockholder approvals have been received for the proposed merger between KYN and KMF (the “Merger”). Subject to the satisfaction of customary closing conditions, the Merger is expected to close on November 13, 2023. Jim Baker, President, CEO and Chairman of KYN and KMF said “We are pleased to announce the approval of the Merger and believe the combined entity is well positioned to capitalize on long-term tailwinds in the energy infrastructure sector.” Upon completion of the Merger, the outstanding common stock of KMF will be exchanged for,...

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Imperial Drilling Intersects 162.5 Metres Grading 0.33% Copper and 1.64 g/t Silver at Whiting Creek

VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) — Imperial Metals Corporation (“Imperial” or the “Company”) (TSX:III) reports drill results of the final four holes of the 2,031 metres diamond drilling program at Whiting Creek. The drill results include an intercept of 162.5 metres grading 0.33% copper and 1.64 g/t silver in hole CW-23-3B. Ongoing surface exploration and this year’s results have extended the Creek Zone mineralization 450 metres to the west. The mineralization remains open and there is clearly potential for further discovery in this underexplored area and throughout the Whiting Creek intrusive complex and adjacent volcanics. Brian Kynoch, President of Imperial, stated, “Ongoing exploration at Whiting Creek continues to expand the potential of the various mineralized zones located less than 10 kilometres...

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POET Technologies Announces Public Offering of Common Shares and Warrants

TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer™ and Photonic Integrated Circuits (PICs) for the data center, telecommunication and artificial intelligence markets, today announced it has commenced an underwritten public offering in the United States (the “U.S. Offering”). Concurrently, the Company has also commenced a non-brokered offering in Canada (the “LIFE Offering” and, together with the U.S. Offering, the “Offering”). The Offering consists of common shares of the Company and warrants to purchase common shares and is subject to market conditions. There can be no assurance as to whether or when the Offering may be completed, or as to the actual size, pricing or...

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Consolidated Lithium Announces $3,000,000 Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) — CONSOLIDATED LITHIUM METALS INC. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“Consolidated Lithium” or the “Company“) announces that it intends to complete a best efforts non-brokered private placement financing of up to 50,000,000 units (each, a “Unit”) at a price of $0.06 per Unit for gross proceeds of up to $3,000,000 (the “Offering”). Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of $0.08 for a period of 36 months from issuance. Closing of the Offering is expected to occur on or about November...

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Silicon Motion Announces Results for the Period Ended September 30, 2023

Business HighlightsThird quarter sales increased 23% Q/Q and decreased 31% Y/YSSD controller sales: 3Q increased 5% to 10% Q/Q and decreased 10% to 15% Y/Y eMMC+UFS controller sales: 3Q increased 100% to 105% Q/Q and decreased 40% to 45% Y/Y SSD solutions sales: 3Q decreased 5% to 10% Q/Q and decreased 30% to 35% Y/YFinancial Highlights  3Q 2023 GAAP 3Q 2023 Non-GAAP•   Net sales $172.3 million (+23% Q/Q, -31% Y/Y) $172.3 million (+23% Q/Q, -31% Y/Y)•   Gross margin 42.4% 42.5%•   Operating margin 8.7% 13.8%•   Earnings per diluted ADS $0.32 $0.63TAIPEI, Taiwan and MILPITAS, Calif., Nov. 02, 2023 (GLOBE NEWSWIRE) — Silicon Motion Technology Corporation (NasdaqGS: SIMO) (“Silicon Motion”, the “Company” or “we”) today announced its financial results for the quarter ended September 30, 2023. For the third...

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