Month: April 2024

Ocugen to Host Conference Call on Tuesday, April 2 at 8:30 A.M. ET to Provide Business Update with Certain Financials for the Year Ending 2023

Written by Customer Service on April 1, 2024. Posted in Public Companies.

MALVERN, Pa., April 01, 2024 (GLOBE NEWSWIRE) — Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies and vaccines, today announced that it will host a conference call and live webcast to provide a business update with certain financials for the year ending December 31, 2023 at 8:30 a.m. ET on Tuesday, April 2, 2024. Ocugen will issue a pre-market earnings announcement on the same day. Attendees are invited to participate on the call using the following details: Dial-in Numbers: (800) 715-9871 for U.S. callers and (646) 307-1963 for international callersConference ID: 4947142Webcast: Available on the events section of the Ocugen investor site A replay of the call and archived webcast will be available for approximately 45...

Wilmington Announces Proposed Reduction in Stated Capital and Return of Capital

Written by Customer Service on April 1, 2024. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, April 01, 2024 (GLOBE NEWSWIRE) — Wilmington Capital Management Inc. (“Wilmington” or the “Corporation”) today announces that it will seek shareholder approval to reduce the stated capital associated with its Class A and Class B shares at its upcoming May 6, 2024 annual general and special meeting of shareholders (the “Meeting”). At the Meeting, the Corporation will seek approval to reduce the stated capital associated with: (i) the Class A shares by approximately $14,160,226 (the “Class A Reduction“); and (ii) the Class B shares by approximately $1,117,370 (the “Class B Reduction”). The Class A Reduction, together with the Class B Reduction (collectively, the “Reduction in Stated Capital”), will result in an aggregate reduction in stated capital of approximately $15,277,596. If approved, the Class A Reduction...

XBP Europe Holdings, Inc. Reports Full Year 2023 Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

Full Year Highlights2023 revenue of $166.6 million, down 7.7% year-over-year (8.4% on a constant currency basis) Net loss of $11.0 million includes restructuring charges of $6.7 million and transaction fees of $3.0 million High margin Technology segment grows year-over-year to 27% of total revenue in 2023 compared to 24% in 2022 Gross margin at 23%, which is inclusive of the restructuring charges Won a ~$48 million TCV contract in 2023, the largest contract win of the past five years Won ~$58 million of ACV in 2023 and expanded solutions launching Reaktr.ai and XBP OmnidirectLONDON and SANTA MONICA, Calif., April 01, 2024 (GLOBE NEWSWIRE) — XBP Europe Holdings, Inc. (“XBP” or the “Company”) (NASDAQ: XBP), a pan-European integrator of bills and payments and related solutions and services seeking to enable the digital transformation...

K92 Mining Announces Strong 2023 Q4 and Annual Financial Results – Record Quarterly Revenue, Net Income, Operating Cash Flow, EBITDA, Production, Ore Mined, Ore Processed and Development; Annual Production, Cash Cost and AISC Better Than Guidance

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, April 01, 2024 (GLOBE NEWSWIRE) — K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce financial results for the three and twelve months ended December 31, 2023. ProductionFourth Quarter 2023Record quarterly production of 39,101 ounces gold equivalent (“AuEq”), or 33,309 oz gold, 2,728,623 lbs copper and 56,502 oz silver (1) (2). Cash costs of US$430/oz gold, second lowest to date, and all-in sustaining costs (“AISC”) of US$1,062/oz gold (2). Record quarterly ore processed of 151,908 tonnes or 1,651 tonnes per day (“tpd”), 21% greater than the Stage 2A Expansion run-rate and a 25% increase from Q4 2022. Record daily throughput achieved on November 19th of 2,320 tonnes, and a 7-day throughput record achieved in November averaging 2,136 tpd, 69% and 56% greater than...

Microvast Reports 2023 Financial Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

Revenue increased 49.9% year over year to $306.6 million in FY 2023 Record quarterly revenue of $104.6 million, up 61.4% year over year in Q4 2023 Gross margin increased from 4.4% to 18.7%, a 14.3 percentage point improvement year over year, with Q4 2023 gross margin of 22.0% compared to 3.4% in Q4 2022STAFFORD, Texas, April 01, 2024 (GLOBE NEWSWIRE) — Microvast Holdings, Inc. (NASDAQ:MVST) (“Microvast” or the “Company”), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, announced today its consolidated financial results for the fourth quarter and full fiscal year ended December 31, 2023 (“Q4 2023” and “FY 2023,” respectively). “We achieved record revenue in the fourth quarter of 2023 bringing our full year revenue growth to 49.9% and we delivered these revenues at a gross margin close...

TC Energy provides conversion right and dividend rate notice for Series 7 and 8 preferred shares

Written by Customer Service on April 1, 2024. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, April 01, 2024 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it does not intend to exercise its right to redeem its Cumulative Redeemable First Preferred Shares, Series 7 (Series 7 Shares) on April 30, 2024. As a result, subject to certain conditions, the holders of Series 7 Shares have the right to choose one of the following options regarding their shares:to retain any or all of their Series 7 Shares and continue to receive a fixed rate quarterly dividend, orto convert, on a one-for-one basis, any or all of their Series 7 Shares into Cumulative Redeemable First Preferred Shares, Series 8 (Series 8 Shares) of TC Energy and receive a floating rate quarterly dividend.Should holders of Series 7 Shares choose to retain their shares,...

Enthusiast Gaming Reports Fourth Quarter and Full-Year 2023 Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

LOS ANGELES, April 01, 2024 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming media and entertainment company, today announced financial results for the three (“Q4 2023”) and 12 months ended December 31, 2023 (“FY 2023”). “We are moving swiftly to simplify and streamline our business in order to improve financial performance,” commented Adrian Montgomery, Board Chair and interim CEO of Enthusiast Gaming. “The actions we have taken in Q1 2024 to focus on our core communities, content and experiences, position Enthusiast Gaming to quickly enhance our profitability and position us for growth as we move forward.” Added Montgomery, “Enthusiast Gaming embarks on this important year of transformation with many strengths: a large and highly engaged audience of gamers...

Allied Completes Acquisition of Ownership Interest in 400 West Georgia and Increased Ownership Interest in 19 Duncan

Written by Customer Service on April 1, 2024. Posted in Mergers And Acquisitions.

TORONTO, April 01, 2024 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced that it has completed the previously announced acquisition of a 90% ownership interest in 400 West Georgia Street in Vancouver and an increase in its ownership interest in 19 Duncan Street in Toronto from 50% to 95%. About Allied Allied is a leading owner-operator of distinctive urban workspace in Canada’s major cities. Allied’s mission is to provide knowledge-based organizations with workspace that is sustainable and conducive to human wellness, creativity, connectivity and diversity. Allied’s vision is to make a continuous contribution to cities and culture that elevates and inspires the humanity in all people. FOR FURTHER INFORMATION, PLEASE CONTACT: Michael EmoryFounder...

Lumine Group Completes the Purchase of the Device Management and Service Management Platform Businesses from Nokia

Written by Customer Service on April 1, 2024. Posted in Mergers And Acquisitions.

Acquired Businesses to be Relaunched Under Brand “Motive” TORONTO, April 01, 2024 (GLOBE NEWSWIRE) — Lumine Group Inc. (“Lumine Group” or “the Company”) (TSXV: LMN), a global buy-and-hold forever acquirer of communications and media software businesses, today announced the successful completion of the purchase of the Device Management and Service Management Platform Businesses from Nokia (NYSE: NOK). This acquisition was originally announced December 20, 2023. Under the terms of the agreement, Lumine Group has acquired Nokia’s Device Management and Service Management Platform businesses for a total purchase price of up to €185 million euros, which includes a contingent consideration of up to €35 million euros based on the performance of the business during the first year following close. The businesses will be branded under the...

Steppe Gold Announces 2023 Annual Financial Results

Written by Customer Service on April 1, 2024. Posted in Earnings Releases And Operating Results.

ULAANBAATAR, Mongolia, April 01, 2024 (GLOBE NEWSWIRE) — Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold” or the “Company”) is pleased to announce its financial results for the year ended December 31, 2023. HIGHLIGHTS Fourth quarter and year ended December 31, 2023 Highlights (all figures in US$000’s unless stated otherwise, except per unit figures which are in US$)Revenue for the three months and year ended December 31, 2023 amounted to $14,677 and $54,239 on sales of 7,242 and 27,050 gold ounces and 17,673 and 71,367 silver ounces, respectively. Average realized prices for the three months and year ended December 31, 2023 were $1,977 and $1,948 per gold ounce and $20 and $21 per silver ounce, respectively. Operating income from mine operations before depreciation and depletion for the three months and...

Month: April 2024

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