Day: November 22, 2023

Labrador Gold Exercises Option to Acquire 100% of the Hopedale Property

Written by Customer Service on November 22, 2023. Posted in Mergers And Acquisitions.

District Scale Project with Significant Gold, Copper and Nickel PotentialFigure 1.Location of Hopedale Project in east-central Labrador.Figure 2.Highlights of gold and copper assays over the 3km Thurber Trend.Figure 3.Highlights of nickel in soil and rock at the Rusty Ridge area.TORONTO, Nov. 22, 2023 (GLOBE NEWSWIRE) — Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce that it has fulfilled the requirements of the Hopedale option agreement dated December 7, 2020 and has exercised its option to acquire 100% of the four licenses covering 695 claims comprising the Hopedale property. The Hopedale Project remains subject to a 2% net smelter return royalty. The district scale Hopedale property covers a 43km strike length of the Florence Lake greenstone...

Syncona to Acquire Freeline Therapeutics

Written by Customer Service on November 22, 2023. Posted in Mergers And Acquisitions.

Freeline shareholders to receive $6.50 per American Depositary Share, a 51% premium over closing price prior to announcement of Syncona’s initial proposal on October 18, in an all-cash transaction Based on extensive evaluation of available strategic and financing options, Freeline’s independent directors unanimously recommend transaction as best value for shareholders Syncona to provide $15 million in convertible debt financing to cover Freeline’s near-term capital needs and support ongoing advancement of its programs LONDON, Nov. 22, 2023 (GLOBE NEWSWIRE) — Freeline Therapeutics Holdings plc (Nasdaq: FRLN) today announced that it has entered into a definitive agreement with a newly established portfolio company of Syncona Ltd (LON: SYNC), a leading life science investor focused on creating, building and scaling global leaders...

Conductive Electrode Coatings Market Size Worth USD 44.57 Billion in 2032 | Emergen Research

Written by Customer Service on November 22, 2023. Posted in Mergers And Acquisitions.

Growing usage in displays and touchscreen panels in electronic devices is driving revenue growth of the conductive electrode coatings market Vancouver, Nov. 22, 2023 (GLOBE NEWSWIRE) — The global conductive electrode coatings market size was USD 21.65 Billion in 2022 and is expected to register a revenue CAGR of 7.5% during the forecast period, according to the latest analysis by Emergen Research. Increasing advancements in the production of innovative coating materials aimed at streamlining the design, promoting sustainability, and enhancing the process efficiency of battery components are also major factors driving revenue growth of the market. Researchers at Lawrence Berkeley National Laboratory have created an inventive conductive polymer coating referred to as HOS-PFM, with the aim of offering electric vehicles lithium-ion...

SciSparc Signs Non-Binding Letter of Intent to Merge with Leading Vehicle Importer Company in Israel

Written by Customer Service on November 22, 2023. Posted in Mergers And Acquisitions.

SciSparc seeks to scale up revenues and will consider transferring its pharmaceutical activities to a separate legal entity and exploring the possibility of dividend distribution TEL AVIV, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) — SciSparc Ltd. (Nasdaq: SPRC) (“Company” or “SciSparc”), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders and rare diseases of the central nervous system, announced today the signing of a non-binding letter of intent to merge with a leading vehicle importer company in Israel (the “Target Company”). This merger (the “Merger) is expected to be consummated by means of a reverse triangular merger, pursuant to which SciSparc will establish a new wholly-owned Israeli subsidiary, which would in turn merge with and...

Algernon Pharmaceuticals Announces LOI for the Acquisition of its Chronic Cough Research Program by U.S. Based Seyltx for USD $2M and a 20% Equity Position

Written by Customer Service on November 22, 2023. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Nov. 22, 2023 (GLOBE NEWSWIRE) — Algernon Pharmaceuticals Inc. (the “Company” or “Algernon”) (CSE: AGN) (FRANKFURT: AGW0) (OTCQB: AGNPF), a Canadian clinical stage pharmaceutical development company, is pleased to announce that it has signed a Letter of Intent (“LOI”) with Seyltx Inc. (“Seyltx”), a privately owned U.S. based drug development company, to acquire Algernon’s NP-120 (“Ifenprodil”) research program for USD $2M cash and a 20% common share equity position in Seyltx. The transaction is subject to certain conditions including, inter alia, Seyltx financing and the negotiation and execution of a definitive agreement, which is expected to occur within the next 90 days. Seyltx plans to conduct an Ifenprodil Phase 2b chronic cough study as soon as possible. As stated in the LOI, Algernon’s clinical...

GDS Holdings Limited Reports Third Quarter 2023 Results

Written by Customer Service on November 22, 2023. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Nov. 22, 2023 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China and South East Asia, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial HighlightsNet revenue increased by 6.4% year-over-year (“Y-o-Y”) to RMB2,519.0 million (US$345.3 million) in the third quarter of 2023 (3Q2022: RMB2,367.6 million). Service revenue increased by 6.4% Y-o-Y to RMB2,519.0 million (US$345.3 million) in the third quarter of 2023 (3Q2022: RMB2,367.6 million). Net loss was RMB420.8 million (US$57.7 million) in the third quarter of 2023 (3Q2022: net loss of RMB339.7 million). Adjusted EBITDA (non-GAAP) increased by 5.6% Y-o-Y to RMB1,126.3...

Formula Systems Reports Third Quarter and Nine Months 2023 Financial Results:

Written by Customer Service on November 22, 2023. Posted in Earnings Releases And Operating Results.

Revenues for the Third Quarter Increased by 4.3% (or 10.8% on a constant currency basis) Year Over Year to a third-quarter record-breaking $654.8 Million with Net Income for the Third Quarter reaching $15.6 million. OR YEHUDA, Israel, Nov. 22, 2023 (GLOBE NEWSWIRE) — Formula Systems (1985) Ltd. (Nasdaq and TASE: FORTY) (“Formula” or the “Company”), a global information technology group engaged, through its subsidiaries and affiliates, in providing software consulting services and computer-based business solutions and developing proprietary software products, today announced its results for the third quarter and nine-month period ended September 30, 2023. Financial Highlights for the Third Quarter Ended September 30, 2023Consolidated revenues for the third quarter ended September 30, 2023, increased by approximately 4.3% to a...

Ollie’s Bargain Outlet Holdings, Inc. Announces Third Quarter Fiscal 2023 Release Date and Conference Call Information

Written by Customer Service on November 22, 2023. Posted in Public Companies.

HARRISBURG, Pa., Nov. 22, 2023 (GLOBE NEWSWIRE) — Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ: OLLI) (the “Company”) announced today that it will release its financial results for the third quarter of fiscal year 2023 on Wednesday, December 6, 2023, before the market opens. Following the release, at 8:30 a.m. Eastern Time, the Company’s management team will host a conference call to discuss its results. To access the live conference call, please pre-register here. Registrants will receive a confirmation with dial-in instructions. Interested parties can also listen to a live webcast or replay of the conference call by logging on to the Investor Relations section on the Company’s website at http://investors.ollies.us/. About Ollie’sWe are America’s largest retailer of Closeout merchandise and excess inventory, offering Real Brands...

Stock Yards Bancorp Declares Quarterly Cash Dividend of $0.30 per Common Share

Written by Customer Service on November 22, 2023. Posted in Public Companies.

LOUISVILLE, Ky., Nov. 22, 2023 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in the Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, announced that its Board of Directors has declared a quarterly cash dividend of $0.30 per common share. The dividend will be paid on December 29, 2023, to stockholders of record as of December 18, 2023. Louisville, Kentucky-based Stock Yards Bancorp, Inc., with $7.90 billion in assets, was incorporated in 1988 as a bank holding company. It is the parent company of Stock Yards Bank & Trust Company, which was established in 1904. The Company’s common shares trade on The NASDAQ Stock Market under the symbol “SYBT.” For more information...

THOR Industries Announces Date for its Fiscal 2024 First Quarter Earnings Release

Written by Customer Service on November 22, 2023. Posted in Public Companies.

ELKHART, Ind., Nov. 22, 2023 (GLOBE NEWSWIRE) — THOR Industries, Inc. (NYSE: THO) today announced that the date for its fiscal 2024 first quarter earnings release will be on Wednesday, December 6, 2023 before the market opens. Upon the release of THOR’s fiscal 2024 first quarter earnings, the Company will concurrently publish a copy of the earnings release, a comprehensive question and answer document and a slide presentation on the Company’s website. To view the quarterly earnings documents, please go to http://ir.thorindustries.com/. About THOR Industries, Inc. THOR is the sole owner of operating companies which, combined, represent the world’s largest manufacturer of recreational vehicles. For more information on the Company and its products, please go to www.thorindustries.com. Forward-Looking Statements This...

Day: November 22, 2023

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