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Month: February 2024

Edoc Acquisition Corp. Announces Postponement of Special Meeting of Shareholders on Proposed Business Combination

Victor, NY, Feb. 27, 2024 (GLOBE NEWSWIRE) — EDOC Acquisition Corp. (Nasdaq: ADOC) (“EDOC”) announced today that it has postponed its extraordinary general meeting of its shareholders (the “Meeting”) to approve its proposed initial business combination, which was re-scheduled from February 26, 2024 to February 28, 2024, has been further postponed to 4:30p.m. Eastern Time, on Tuesday, March 5, 2024. At the Meeting, shareholders of EDOC will be asked to vote on proposals to approve, among other things, its proposed initial business combination with Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (“Pubco”), pursuant to a Business Combination Agreement by and among EDOC, American Physicians LLC, a Delaware limited liability company, AOI Merger Sub, a Cayman Islands exempted company and a wholly-owned subsidiary...

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PHX Energy Announces All-Time Record Annual Financial Results

CALGARY, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) — Fourth Quarter HighlightsFor the three-month period ended December 31, 2023, PHX Energy generated consolidated revenue of $165.3 million, the highest level of fourth quarter revenue on record and the third highest level of quarterly revenue in the Corporation’s history. Revenue in the third and first quarter of 2023 are the first and second highest quarterly revenue on record, respectively. Consolidated revenue in the 2023-quarter included $10.3 million of motor rental revenue and $0.9 million of motor equipment and parts sold. Earnings from continuing operations increased by 63 percent to $33.1 million, $0.68 per share, in the 2023-quarter from $20.3 million, $0.39 per share, in the 2022 three-month period. The 2023-quarter’s earnings are the highest level of quarterly earnings...

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West Red Lake Gold Announces a US$20 Million Private Placement of Gold Linked Notes

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) — West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF), is pleased to announce that it has entered into an agreement with Raymond James Ltd. to act as sole bookrunner and lead agent, on behalf of a syndicate of agents (together, the “Agents”), in connection with a marketed “best efforts” private placement of units of the Company (each, a “Unit”) at a price of US$1,000 per Unit (the “Offering Price”) for gross proceeds of US$20,000,000 (the “Offering”). The Agents will have the option to sell up to an additional 15% of the Units offered, exercisable, in whole or in part, at any time up to 48 hours prior to the Closing Date (as defined below) to cover over-allotments,...

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Rapid Micro Biosystems to Participate in Upcoming Investor Conferences

LOWELL, Mass., Feb. 27, 2024 (GLOBE NEWSWIRE) — Rapid Micro Biosystems, Inc. (Nasdaq: RPID) (the “Company”), an innovative life sciences technology company providing mission critical automation solutions to facilitate the efficient manufacturing and fast, safe release of healthcare products, today announced that the Company will participate in the following investor conferences:TD Cowen 44th Annual Healthcare Conference Question-and-answer session with the host analyst on Tuesday, March 5, 2024, at 1:30 p.m. ET in Boston, Massachusetts.KeyBanc Life Sciences & MedTech Investor Forum (Virtual)Question-and-answer session with the host analyst on Tuesday, March 19, 2024, at 3:00 p.m. ET.Live webcasts for both events will be available on the Rapid Micro Biosystems investor relations website at https://investors.rapidmicrobio.com/...

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Element Reports Strong Fourth Quarter and Record 2023 Results, Provides Update on Strategic Initiatives

Amounts in $CAD unless otherwise notedRecord net revenue of $1.3 billion driving record operating margins, adjusted earnings, and adjusted free cash flow per shareStrong performance driven by a 35.8% increase in new originations, continued commercial success in converting self-managed fleets, increasing share of wallet with existing clients, and earning share from competitorsDelivered adjusted operating margin expansion of 110 bps in 2023 while strategically reinvesting in the business and people to support future growthStrategic initiatives, Ireland Leasing Function and Asian Strategic Procurement, on track for mid-2024 “go live”Adoption of U.S. dollar reporting as the presentation currency beginning in Q1 2024Returned $344.8 million of cash to shareholders through increased common dividends, share buybacks and preferred share...

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Abcourt Announces its Results for the Second Quarter ended December 31, 2023

ROUYN-NORANDA, Quebec, Feb. 27, 2024 (GLOBE NEWSWIRE) — Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) announces its results for the three months ended December 31, 2023. All monetary values in this press release are expressed in Canadian dollars, unless otherwise indicated. The financial statements and management report are available on SEDAR+. Highlights for the Quarter ended December 31, 2023Investments of $1,571,293 in exploration and evaluation during the quarter ending December 31, 2023. Cash of $1,251,445, compared to $963,974 as of June 30, 2023. Working capital of the Company of $(4,611,593) compared to $(4,476,223) as of June 30, 2023. During the quarter, Abcourt completed a private placement. The Company issued a total of 64,503,750 units at a price of $0.04 consisting of one common share and...

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Evome Medical Engages ICP Securities Inc. for Automated Market Making Services

NEW YORK, Feb. 27, 2024 (GLOBE NEWSWIRE) —  Evome Medical Technologies Inc. (the “ Company ” or “ Evome ”) (TSXV: EVMT), is pleased to announce that it has engaged the services of ICP Securities Inc. (“ICP“) to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, for its shares traded on the TSX Venture Exchange (the “TSXV”), in compliance with the policies of the TSXV and other applicable legislation. ICP will receive a fee of C$7,500 plus applicable taxes per month, payable monthly in advance. The agreement between the Company and ICP is for an initial term of four (4) months and shall be automatically renewed for subsequent one (1) month terms (each month called an “Additional Term“) unless either party provides at least thirty (30) days written notice...

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ARKO Corp. Reports Fourth Quarter and Full Year 2023 Results

RICHMOND, Va., Feb. 27, 2024 (GLOBE NEWSWIRE) — ARKO Corp. (Nasdaq: ARKO) (“ARKO” or the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, today announced financial results for the quarter and full year ended December 31, 2023. Fourth Quarter and Full Year 2023 Key Highlights1,2Net income for the quarter was $1.1 million, compared to $12.9 million for the prior year quarter. For the year, net income was $34.6 million, compared to $72.0 million for the prior year. Adjusted EBITDA for the quarter was $65.5 million, compared to $72.4 million for the prior year quarter, primarily due to reduced fuel contribution at same stores, with retail cents per gallon (“CPG”) of 39.2 in the fourth quarter of 2023 compared to retail CPG of 41.4 in the fourth quarter of 2022. For the year,...

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Ring Energy Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

THE WOODLANDS, Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today announced the timing of its fourth quarter 2023 earnings release and conference call. Ring plans to issue its fourth quarter and full year 2023 earnings release after the close of trading on Thursday, March 7, 2024. The Company has scheduled a conference call on Friday, March 8, 2024 at 11:00 a.m. ET to discuss its fourth quarter and full year 2023 operational and financial results. To participate, interested parties should dial 833-953-2433 at least five minutes before the call is to begin. Please reference the “Ring Energy Fourth Quarter 2023 Earnings Conference Call”. International callers may participate by dialing 412-317-5762. The call will also be webcast and available on Ring’s website at www.ringenergy.com...

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VIVEON HEALTHCARE ACQUISITION CORP. CONFIRMS COMMITMENT TO PROCEED WITH BUSINESS COMBINATION PROCESS

New York, Feb. 27, 2024 (GLOBE NEWSWIRE) — Viveon Health Acquisition Corp (NYSE American: VHAQ, VHAQR, VHAQU) a special purpose acquisition company (the “Company”) re-affirms its commitment to the previously announced business combination with Clearday (CLRD-OTCQX), a San Antonio, Texas-based Healthcare Services company. The Company is focused on completing all of its regulatory filings to support completing the business combination with Clearday. Additionally, the Company will be appealing the recent decision by a hearings panel of the NYSE American’s Committee for Review confirming the decision by the NYSE Staff to delist the Company’s units, common stock and rights. As a result of that decision, trading in the Company’s securities on the NYSE American has been suspended. Assuming timely submission by the Company to the NYSE...

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