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Year: 2023

REE Automotive Announces Third Quarter 2023 Financial Results

Strong growing demand for P7, focused operational efficiencies, first demo vehicles planned to be shipped to customers in December TEL AVIV, Israel, Nov. 30, 2023 (GLOBE NEWSWIRE) — REE Automotive Ltd. (Nasdaq: REE), an automotive technology company and provider of full by-wire electric trucks and platforms, today announced its financial results for the third quarter ended September 30, 2023, through a shareholder letter posted on the company’s investor relations website HERE. The company will also hold a conference call today, November 30, 2023 at 8:30 a.m. ET. The live webcast of the conference call can be accessed on the Investors section of the Company’s website HERE. For the telephone conference online registration click HERE. Q3 23 Highlights:Expanded our dealer network, resulting in more than doubling initial order book...

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Two Senior Healthcare Industry Professionals Join FTI Consulting’s Healthcare Business Transformation Practice

WASHINGTON, Nov. 30, 2023 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced the appointments of Leisa Maddoux as a Senior Managing Director and Laura Marston as a Managing Director in the Healthcare Business Transformation practice within the firm’s Corporate Finance & Restructuring segment. “Leisa and Laura have strong reputations of helping healthcare clients through transformative changes,” said Brian Flynn, Co-Leader of the Healthcare Business Transformation practice. “Health systems today are facing pressures from many angles, whether it’s financial, regulatory or operational. I look forward to seeing the innovative solutions that Leisa and Laura will provide for our clients, allowing them to manage costs and systems without losing sight of quality patient care.” Ms. Maddoux, who is based in Denver,...

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Lexicon Enrolls First Patient in Phase 2b Progress Study of LX9211 in Diabetic Peripheral Neuropathic Pain (DPNP)

The PROGRESS study marks initiation of the late-stage development program for AAK1 inhibitor LX9211, with potential to become the first new, non-opioid drug therapy in high-unmet need neuropathic pain in more than 20 years LX9211 has previously received Fast Track designation from the U.S. Food and Drug Administration (FDA) for DPNP THE WOODLANDS, Texas, Nov. 30, 2023 (GLOBE NEWSWIRE) — Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) today announced that it has enrolled the first patient in PROGRESS (A Phase 2b, Dose-ranging, Randomized, Double-blind, PlacebO-controlled, Parallel-GRoup, MulticEnter Study with an Open-label Extension in PatientS with Diabetic Peripheral Neuropathic Pain) studying LX9211, a potent, orally-delivered, selective, investigational small molecule inhibitor of adaptor-associated kinase 1 (AAK1). PROGRESS will...

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Intermap and Twinn by Royal HaskoningDHV Transform Climate Change Insurance

Enhanced data and analytics enable insurers to improve natural peril risk management around the world DENVER, Nov. 30, 2023 (GLOBE NEWSWIRE) — Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced a new collaboration with its partner, Twinn by Royal HaskoningDHV, to offer the global insurance industry enhanced, comprehensive flood, natural hazard and climate change data. Intermap is a trusted provider of flood hazard maps and analytics in the United States, Central and Eastern Europe and Southeast Asia. This collaboration augments both companies’ spatial intelligence capabilities and transforms risk assessment services, enabling insurers to make informed decisions, diversify portfolios and better manage natural hazard risks...

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MINILUXE REPORTS FINANCIAL RESULTS FOR THE THIRD QUARTER AND THIRTY-NINE WEEKS OF 2023

Reported figures all in U.S. Dollars Announces Resilient Double-Digit Growth in Core Studio Base, Execution of Cost Reconfiguration and Initial Closing of New Financing Toronto, Ontario, Nov. 30, 2023 (GLOBE NEWSWIRE) — MiniLuxe Holding Corp. (TSXV: MNLX) today announced its financial results for the 13 weeks ended October 1, 2023 (“Q3 2023”) and the 39 weeks ended October 1, 2023 (“YTD Q3 2023”). The fiscal year of MiniLuxe is a 52-week reporting cycle ending on the Sunday closest to December 31, which periodically necessitates a fiscal year of 53 weeks. FY2022 consisted of a 53-week period while all other fiscal years referred to in this release consist of 52-week periods. All quarters referred to in this release consist of 13-week periods. Unless otherwise specified, all amounts are reported in U.S. dollars. MiniLuxe is pleased...

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Former US Senator Mark Begich Appointed to Alaska Energy Metals Board of Directors

VANCOUVER, British Columbia, Nov. 30, 2023 (GLOBE NEWSWIRE) — Today, Alaska Energy Metals Corporation (TSX-V: AEMC, OTCQB: AKEMF) (“AEMC” or the “Company”) is pleased to announce the appointment of Mark Begich to its Board of Directors effective November 30, 2023. Alaska Energy Metals’ Board of Directors brings together a highly accomplished and diverse group across corporate governance, geology, mining engineering, stakeholder, and government affairs to advise and support AEMC’s executive team. Mark Begich is a seasoned entrepreneur and public servant who brings a wealth of experience to the realm of business growth strategy. Serving as the mayor of Anchorage for six years and representing Alaska in the U.S. Senate from 2009 to 2015, Begich is recognized for his collegiality and solutions-oriented governance, in addition to his...

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DevvStream and Green Cross International (GCI) to Explore Federal Projects with National Governments Aimed at Advancing Decarbonization Activities

Letter of intent between DevvStream and GCI creates a framework to collaborate with the federal governments of GCI partner nations located in Africa, Europe, and South AmericaDevvStream – Green Cross InternationalLetter of intent between DevvStream and GCI creates a framework to collaborate with the federal governments of GCI partner nations located in Africa, Europe, and South AmericaVANCOUVER, British Columbia, Nov. 30, 2023 (GLOBE NEWSWIRE) — DevvStream Holdings Inc. (“DevvStream” or the “Company”) (NEO: DESG) (OTCQB: DSTRF) (FSE: CQ0), a leading carbon credit project co-development and generation firm specializing in technology-based solutions, and Green Cross International (“GCI”), a global non-governmental organization with a mission to respond to the combined challenges of security, poverty and environmental...

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Pasinex Announces Third Quarter 2023 Financial Results

TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) — Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (The “Company” or “Pasinex”) is pleased to provide financial results for third quarter of 2023. Cautionary Note The Company has not completed a current technical report that includes a mineral resource estimate as defined by the Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council, and procedures for classifying the reported Mineral Resources were undertaken within the context of the Canadian Securities Administrators National Instrument 43-101 (NI 43-101). The Company has no intention of completing a NI 43-101 compliant technical report. The Joint Venture has not followed accepted quality assurance and quality control procedures with respect to...

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Fireweed Advances Boundary Zone, Intersecting 57.4 m of 8.4% Zinc, 1.8% Lead, and 51.8 g/t Silver, and 49.9 m of 10.1% Zinc, and 14.4 g/t Silver

Map 1Map 1: Macpass Project and Mactung Project locations.Map 2Map 2: Location of 2023 Boundary Zone drillholes, cross sections and long section M–M’. See below for sections.Map 3Map 3: Mineralized intervals in 2023 drilling and pre-2023 drilling defining a stratiform laminated to massive sulphide zone that is connected at depth (purple polygon) and a broader envelope of vein, breccia, and other stratiform zinc mineralization, showing significant areal extent (within green dashed line).Long Section M–M’Long Section M–M’ – Estimated true thickness interpretation and selected intersections with zinc grades shown within the laminated to massive sulphide stratiform zone of pyrite-sphalerite-galena mineralization at Boundary Zone including midpoints of holes with assays pending. Halo vein and breccia mineralization...

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MINILUXE ANNOUNCES ~$3.5M USD OF INVESTMENT COMMITMENTS AND FIRST CLOSING OF CONVERTIBLE NOTE FINANCING

New and existing investors, including all directors, participate in convertible note offering at conversion strike price of ~$0.52 USD / ~$0.70 CDN NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Boston, MA, Nov. 30, 2023 (GLOBE NEWSWIRE) —  MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company“) announced today that it has completed an initial tranche of a non-brokered convertible debenture unit offering, with an immediate closing of gross proceeds of approximately $2.5M USD (the “Offering“). Additionally, the Company has signed indications of interest commitments for an incremental ~ $1.0M USD to be completed in one or more additional tranches of the Offering (for a total of approximately $3.5M USD). Above and beyond the initial closing...

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