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Year: 2023

Helium Evolution Announces Filing of Third Quarter 2023 Financial Results and Provides Operations Update

CALGARY, Alberta, Nov. 21, 2023 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (TSXV:HEVI) (“HEVI” or the “Company“), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, today announced the filing of the Company’s interim condensed financial statements and associated management’s discussion and analysis for the three and nine month periods ended September 30, 2023 (the “Quarterly Report”). Complete details of the Quarterly Report are available on SEDAR+ at www.sedarplus.ca, and on HEVI’s website. Three and Nine Month Periods Ended September 30, 2023 Highlights:  Three months ended Nine months endedTabular amounts in thousands ofCanadian Dollars, except share and per share amounts September30, 2023   September 30, 2022   September 30, 2023   September...

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Agora, Inc. Reports Third Quarter 2023 Financial Results

SANTA CLARA, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) — Agora, Inc. (NASDAQ: API) (the “Company”), a pioneer and leader in real-time engagement technology, today announced its unaudited financial results for the third quarter ended September 30, 2023. “We delivered sequential revenue growth amid a very challenging operating environment in this quarter, by staying laser-focused on key customers and core product improvements. Our continued cost discipline has enabled us to further reduce our adjusted EBITDA loss and operating cash outflow to the lowest levels seen in more than two years,” said Tony Zhao, founder, chairman and CEO of Agora, Inc. “Looking forward, generative AI will enrich many of today’s real-time engagement use cases and inspire new ones for years to come. I believe we are uniquely positioned to enable human users...

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Highmark Interactive Undertakes Strategic Review Process

TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) — Highmark Interactive Inc. (“Highmark” or the “Company”) today announced that it is undertaking a strategic review process to assess the best course of action for the Company’s next phase of development and growth. The Company has retained NewPoint Capital Partners Inc. as exclusive financial advisor to help assess and more fully explore the strategic alternatives available to it, which may include the possibility of a sale of the Company or some of its assets or raising growth capital. The Board has not set a timetable to complete the strategic review process nor have any decisions been made relating to strategic alternatives at this time. There is also no assurance that this process will result in any specific transaction, including a business combination or disposition of the Company...

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Abaxx Closes CAD$30.7 Million Financing and Terminates ATM Program

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated April 26, 2023 to its short form base shelf prospectus dated November 4, 2021 /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte. Ltd., and producer of the SmarterMarkets™ Podcast, is pleased to announce that it has closed its non-brokered private placement previously announced on October 23, 2023 (the “Financing”). The Financing consisted of the issuance of 5,338,866 common shares (the “Shares”) of the Company at a price of...

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RevoluGROUP Canada Inc. Announces Virtual Annual General Meeting

VANCOUVER, British Columbia, Nov. 21, 2023 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2), (Munich: A2PU92) (the “Company”) is pleased to announce that the Annual General Meeting (AGM) of shareholders will be held virtually on January 8th, at 11 a.m. The meeting will provide shareholders with an opportunity to gain insights into the Company’s financial performance, strategic direction, and key developments and will also include appointment of auditors, and the election of directors. RevoluGROUP’s CEO, Gavin McMillan, is presently in Europe, where he is engaging in productive discussions with existing and potential clients and partners. His journey is also set to include a meeting with the board to craft a 3-year strategic plan in preparation for the AGM. This trip shows our dedication...

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RevoluGROUP Canada Inc. Announces Virtual Annual General Meeting

Vancouver, BC, Nov. 21, 2023 (GLOBE NEWSWIRE) — RevoluGROUP Canada Inc. (TSX-V: REVO), (Frankfurt: IJA2), (Munich: A2PU92) (the “Company”) is pleased to announce that the Annual General Meeting (AGM) of shareholders will be held virtually on January 8th, at 11 a.m. The meeting will provide shareholders with an opportunity to gain insights into the Company’s financial performance, strategic direction, and key developments and will also include appointment of auditors, and the election of directors. RevoluGROUP’s CEO, Gavin McMillan, is presently in Europe, where he is engaging in productive discussions with existing and potential clients and partners. His journey is also set to include a meeting with the board to craft a 3-year strategic plan in preparation for the AGM. This trip shows our dedication to improving...

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Adventus and Luminex Announce Merger to Create a Growth-Focused Copper-Gold Company in Ecuador

Concurrent US$17.1 Million of Equity Financing with Participation by Ross Beaty and Wheaton Precious Metals Corp. Not for distribution to U.S. newswire services or dissemination in the United States TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) — Adventus Mining Corporation (“Adventus”) (TSXV: ADZN) (OTCQX: ADVZF) and Luminex Resources Corp. (“Luminex”) (TSXV: LR) (OTCQX: LUMIF) are pleased to announce that they have entered into an arrangement agreement (the “Arrangement Agreement”), pursuant to which Adventus will acquire all of the issued and outstanding common shares of Luminex (the “Luminex Shares”), in exchange for common shares of Adventus (the “Adventus Shares”), by way of a plan of arrangement (the “Transaction”, with the resulting entity referred to as the “Resulting Issuer”). The Transaction will create a combined company...

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Element Announces Board Appointment of Kathleen Taylor, Who Will Assume Role of Chair following 2024 AGM

TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX:EFN) (“Element” or the “Company”), the largest publicly-traded pure-play automotive fleet manager in the world, today announced that Kathleen (Katie) Taylor has been appointed to the Company’s Board of Directors and will assume the role of Chair effective upon her election as a director at Element’s 2024 annual shareholder meeting (the “Meeting”), currently expected to be held in May 2024. She will succeed the Company’s current Board Chair, David Denison, who will retire from the Board at the Meeting after completing his five-year term as Chair. Ms. Taylor currently serves as Chair of Altas Partners, a Toronto based private equity firm. She is also Vice Chair of the Adecco Group AG, and a director of Air Canada and Mattamy Asset Management. Ms. Taylor...

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First Financial Corporation Declares Quarterly Dividend

TERRE HAUTE, Ind., Nov. 21, 2023 (GLOBE NEWSWIRE) — The directors of First Financial Corporation (NASDAQ: THFF) have declared a dividend of 45 cents per share payable on January 16, 2024, to shareholders of record at the close of business January 2, 2024. The Corporation further announced its intention to pay dividends quarterly as opposed to semi-annually as in the past. First Financial Corporation is the holding company for First Financial Bank N.A. in Indiana, Illinois, Kentucky, and Tennessee. For more information contact: Rodger A. McHargue at (812) 238-6000

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Strong Capital Supports TrustCo’s Consistent Dividend; Annualized Payout of $1.44 per share

GLENVILLE, N.Y., Nov. 21, 2023 (GLOBE NEWSWIRE) — The Board of Directors of TrustCo Bank Corp NY (TrustCo, Nasdaq: TRST) on November 21, 2023, declared a quarterly cash dividend of $0.36 per share, or $1.44 per share on an annualized basis. The dividend will be payable on January 2, 2024 to shareholders of record at the close of business on December 1, 2023. Chairman, President, and Chief Executive Officer Robert J. McCormick said: “We are pleased that our strategic preservation of capital enables us to complete our 119th year paying quarterly dividends. Our management team is justifiably proud of this longevity and optimistic about the opportunities that 2024 undoubtedly will present. Our shareholders can be assured that the leaders of the TrustCo team are ever mindful of the importance of providing long-term shareholder value,...

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