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Day: November 17, 2023

Progressive Reports October 2023 Results

MAYFIELD VILLAGE, OHIO, Nov. 17, 2023 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for October 2023:(millions, except per share amounts and ratios; unaudited)     October2023 Net premiums written   $ 5,528.8  Net premiums earned   $ 5,383.2  Net income   $ 406.0  Per share available to common shareholders   $  0.68  Total pretax net realized gains (losses) on securities   $  (87.1) Combined ratio – current year      91.7                           – prior year     95.9  Average diluted equivalent common shares     587.6    October(thousands; unaudited) 2023   2022   ChangePolicies in Force          Personal Lines          Agency – auto 8,336.4   7,677.9   9  %  Direct – auto 11,142.2   10,002.5   11  %   Total personal auto 19,478.6   17,680.4   10 ...

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Notice of Flow Capital’s Q3 2023 Financial Results Conference Call

– Financial Results to be released after markets close on Tuesday November 21, 2023 – TORONTO, ON, Nov. 17, 2023 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV:FW) (“Flow Capital” and “Company”) today announced it will release its Q3 2023 unaudited financial results after the markets close on Tuesday November 21, 2023. Mr. Alex Baluta, Chief Executive Officer, and Mr. Michael Denny, Chief Financial Officer, will host a conference call at 9:00 a.m. EST, on Wednesday November 22, 2023, to review the results. A question and answer session will follow the corporate update. CONFERENCE CALL DETAILSDATE: Wednesday November 22, 2023TIME: 9:00 AM Eastern TimeDIAL IN NUMBER: +1 888 886-7786 or +1 416 764-8658TAPED REPLAY: +1 877 674-7070 or +1 416 764-8692 (PASSCODE 648691 #)CONFERENCE ID:               47648691A...

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Copper Lake Announces Non-Brokered Private Placement

TORONTO, Nov. 17, 2023 (GLOBE NEWSWIRE) — Copper Lake Resources Ltd. (TSX-V: CPL, Frankfurt: WOI, OTC: WTCZF) (“Copper Lake” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement financing for total gross proceeds of up to $2,500,000. The financing will consist of up to 30,000,000 Non Flow-Through Units (“NFT Units”) at a price of $0.025 per NFT Unit and up to 70,00,000 Flow-Through Units (“FT Units”) at a price of $0.025 per FT Unit. Each NFT Unit is comprised of one common share in the capital of Copper Lake (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). Each FT Unit is comprised of one Flow-Through common share and one-half of one Common Share purchase warrant (each whole warrant a “Warrant”). Each Warrant entitles the holder to acquire one additional share...

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Gulf & Pacific Equities Corp. reports on Third Quarter Results with Revenue of $1,134,919

Toronto, ON, Nov. 17, 2023 (GLOBE NEWSWIRE) — Gulf & Pacific Equities Corp. (TSX-V: GUF) an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, reports a 14.3% increase in revenues to $1,134,919 in the quarter ended September 30, 2023, from $992,940 at the same period last year. Details of the nine and three months financial results for fiscal 2023 and 2022 under International Financial Reporting Standards (IFRS), as summarized below, are also available at www.sedar.com or the company’s website www.gpequities.com.  Nine Months Ended   Three Months Ended  (Unaudited)   (Unaudited)  Sept 30,   Sept 30,    2023     2022       2023   2022           Revenue $ 3,182,555   $ 2,940,635     $ 1,134,919 $     992,940           Net Income...

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ParaZero Elevates Defense Drone Safety with Groundbreaking AI Avionics System

Tel Aviv, Israel, Nov. 17, 2023 (GLOBE NEWSWIRE) — ParaZero Technologies Ltd. (Nasdaq: PRZO) (“ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, recently unveiled a pioneering AI-driven avionics system, SmartAir Trinity, setting a new standard for drone safety within the defense sector. This advanced technology offers real-time malfunction detection and critical mission analytics, ensuring a robust solution to support operational security for defense drones. SmartAir Trinity, launched in early September this year, is an advanced, AI-based avionics system that represents a significant leap in drone operational safety. Utilizing a pioneering sensor array, SmartAir Trinity provides real-time detection of malfunctions in UAS and eVTOL aircraft. This technological...

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Adlai Nortye Announces Completion of Patient Enrollment in Global Phase III Clinical Trial of Buparlisib (AN2025) in Combination with Paclitaxel for the Treatment of Recurrent or Metastatic HNSCC

SINGAPORE and NORTH BRUNSWICK, N.J. and HANGZHOU, China, Nov. 17, 2023 (GLOBE NEWSWIRE) — Adlai Nortye Ltd. (NASDAQ: ANL) (the “Company” or “Adlai Nortye”), a clinical-stage biotechnology company focused on the development of innovative cancer therapies, today announced the Completion of Patient Enrollment in Global Phase III Clinical Trial (BURAN) of Buparlisib (AN2025) in Combination with Paclitaxel for the Treatment of Recurrent or Metastatic HNSCC in more than 180 sites around the world, spanning over 18 markets in North America, Europe, Asia, and South America. This clinical study evaluates buparlisib (AN2025), an oral pan-PI3K inhibitor, in combination with paclitaxel for the treatment of recurrent or metastatic head and neck squamous cell carcinoma (HNSCC). This represents the first global multicenter phase III trial for...

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Missfresh Receives Delisting Notice from Nasdaq

BEIJING, Nov. 17, 2023 (GLOBE NEWSWIRE) — Missfresh Limited (“Missfresh” or the “Company”) today announced that the equity financings and the business acquisition under the share purchase agreements, as previously announced on August 3, 2023, and the transactions under the share transfer agreement, as previously announced on August 7, 2023, have been terminated. On November 15, 2023, the Nasdaq Hearings Panel (the “Panel”) notified the Company that the Panel has determined to delist the Company’s securities from The Nasdaq Stock Market LLC (“Nasdaq”) and suspend trading in those securities effective at the open of trading on Friday, November 17, 2023 (the “Decision”). Nasdaq will complete the delisting by filing a Form 25 Notification of Delisting with the SEC, after applicable appeal periods have lapsed. The Company expects its...

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Microbix Presenting at Florida Capital Event Conference

Meetings with Growth-Oriented Investors, November 17 to 19, 2023 MISSISSAUGA, Ontario, Nov. 17, 2023 (GLOBE NEWSWIRE) — Microbix Biosystems Inc. (TSX: MBX, OTCQX: MBXBF, Microbix®), a life sciences innovator, manufacturer, and exporter, announces that it will be presenting to investors at the Florida Capital Event Conference, organized by Capital Event Management Ltd. and being hosted at the JW Marriott Turnberry, in Aventura, Florida, November 17 to 19, 2023. Microbix’s CEO & President, Cameron Groome, will undertake a series of 18 one-on-one meetings with growth company investors during the formal portion of the conference. The presentation slides to which he will be speaking will be posted to the Microbix website at https://microbix.com, along with other business information and financial disclosures. Shareholders may also...

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Osino Releases Sustainability Report

Twin Hills Gold Project Aspiring to Become a Model for Responsible Mining in Namibia VANCOUVER, British Columbia, Nov. 17, 2023 (GLOBE NEWSWIRE) — Osino Resources Corp. (TSXV:OSI) (NSX:OSN) (FSE:RSR1) (OTCQX:OSIIF) (“Osino” or “the Company”) is pleased to announce the release of its Sustainability Report for 2022, which summarises the company’s social, environmental and economic performance and outlines plans for the ongoing integration of sustainability into the design of the Twin Hills Gold Mine. The Twin Hills Gold Project, located near Karibib in Namibia, is on track to create approximately 1,000 permanent new jobs in the region and has, since inception, attracted C$56 million (N$634 million) in foreign direct investment for the Namibian economy, as detailed in Osino’s 2022 Sustainability Report. Report Highlights: Foreign...

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Next Hydrogen Reports Q3 2023 Financial Results

MISSISSAUGA, Ontario, Nov. 17, 2023 (GLOBE NEWSWIRE) — Next Hydrogen Solutions Inc. (the “Company” or “Next Hydrogen”) (TSXV:NXH, OTC:NXHSF), a designer and manufacturer of electrolyzers, is pleased to report its financial results for the third quarter ended September 30, 2023. “The focus for 2023 is to (1) achieve significant improvement in our product line, (2) demonstrate our second-generation product line, and (3) generate significant market traction,” said Raveel Afzaal, President and CEO of Next Hydrogen. “We are well capitalized to achieve these objectives which will put us in a very competitive position for growth in 2024. The recently announced improvement in cell performance, new blue-chip industry partners such as Casale, GE and a $7.7M agreement for a nuclear application are helping us advance strongly...

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