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Month: May 2024

Canadian Spirit Resources Inc. Announces Third Quarter March 31, 2024 Financial Results

CALGARY, Alberta, May 30, 2024 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its unaudited interim third quarter financial statements (the “Financial Statements“) and management discussion and analysis (the “MD&A“), each for the three and nine month periods ended March 31, 2024. Third Quarter Financial Results This news release summarizes certain information contained in the Financial Statements and MD&A and should not be considered a substitute for reading these full disclosure documents which are available on the Corporation’s profile on SEDAR+ at www.sedarplus.com. In accordance with the Corporation’s change of year-end from December 31 to June 30 that was approved by the board...

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POSCO and Hazer Collaborate on Clean Hydrogen Production Technology for Low Carbon Steel

Hazer and POSCO to develop a project pathway for the integration of Hazer’s hydrogen and graphite production technology into POSCO’s steel manufacturing process. MoU represents delivery of the next phase of Hazer’s scale-up strategy into key commercial markets with tier-1 partners. Steel making is a carbon intensive industry, responsible for over 8% of global carbon emissions. Hazer’s technology is uniquely positioned to support the decarbonisation of this process.PERTH, Australia , May 30, 2024 (GLOBE NEWSWIRE) — Hazer Group Ltd (“Hazer” or “the Company”) (ASX: HZR) is pleased to advise it has signed a non-binding Memorandum of Understanding (“MOU”) with POSCO Steel (“POSCO”) to prepare a project pathway for the integration of Hazer’s technology into POSCO’s low carbon steel. POSCO, based in Pohang South...

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Pineapple Energy Announces Appointment of Chief Operating Officer

Pineapple Board appoints James R. Brennan as Chief Operating Officer, Reaffirms Eric Ingvaldson as Chief Financial Officer MINNETONKA, Minn., May 30, 2024 (GLOBE NEWSWIRE) — Scott Maskin, Interim CEO of Pineapple Energy Inc. (“Pineapple” or the “Company”), has reaffirmed the Board’s commitment to having Eric Ingvaldson continue to serve as the Company’s Chief Financial Officer. In addition, the Board has appointed James Brennan, an experienced executive who has served as Pineapple’s Senior Vice President of Corporate Development since November 2022, as the Company’s Chief Operating Officer. “We are assembling a solid leadership team for the long-term,” Maskin said. “These two individuals possess the highest levels of integrity; work ethic and their skillsets are unmatched. Ingvaldson, who has been Pineapple’s CFO since...

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San Diego County Regional Public Safety Agencies Launch Genasys EVAC for Enhanced Emergency Communication

genasysimageSAN DIEGO, May 30, 2024 (GLOBE NEWSWIRE) — Genasys Inc. (NASDAQ: GNSS), the global leader in Protective Communications, is pleased to announce that the San Diego County regional area announced yesterday at a press conference the official launch of Genasys Protect EVAC, a cutting-edge emergency alerting solution that will enable citizens to receive timely updates during emergency situations. With peak fire conditions looming ahead, this region wide collaboration aims to bolster emergency communication efforts and ensure the safety of all residents. EVAC, which is currently deployed across 70% of California, will serve as the primary tool for quickly disseminating critical public safety information, including severe weather alerts, evacuation notices, missing person reports, and other essential updates to affected...

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NowVertical Group Reports First Quarter 2024 Financial Results

Q1 2024 Revenue was $12.9 million, an increase of 3% over Q1 2023 Q1 2024 Income from Operations was $0.2 million, an increase of 120% over Q1 2023 Q1 2024 Adjusted EBITDA was $1.6 million, an increase of 314% over Q1 2023TORONTO, May 30, 2024 (GLOBE NEWSWIRE) — NowVertical Group Inc. (TSX-V: NOW) (OTCQB: NOWVF) (“NOW” or the “Company”), a leading data analytics and AI solutions company, today announced its financial results for the three months ended March 31, 2024. “We made significant progress in the first quarter on multiple fronts, including leadership and governance, reconfiguring our go-to-market strategy, and implementing an aggressive strategic integration and restructuring plan,” said Sandeep Mendiratta, CEO of NOW. “This quarter was a transitional period as we initiated implementation of our One...

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Hydreight Reports Record Topline(1) Revenue of $4.87M in Q1-2024 (YOY Increase of 33%)

“We had an outstanding quarter with record revenue…Our focus in 2024 is to continue growing revenue, becoming a profitable company and introducing our story to more potential shareholders” – Shane Madden, CEO of Hydreight VANCOUVER, British Columbia and LAS VEGAS, May 30, 2024 (GLOBE NEWSWIRE) — Hydreight Technologies Inc. (“Hydreight” or the “Company”) ( TSXV: NURS )( OTCQB: HYDTF )( FSE: SO6 ), a fast-growing mobile clinical network and medical platform which enables flexible at-home medical services across 50 states in the United States, is pleased to announce its financial results for the first quarter ended March 31, 2024. All financial information is presented in Canadian dollars unless otherwise indicated. Summary of Q1, 2024 Financial Highlights:Q1, 2024 GAAP revenue was $3.38 million an increase of 44% compared...

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Patagonia Gold Quarter 1 2024 Financial Results

VANCOUVER, British Columbia, May 30, 2024 (GLOBE NEWSWIRE) — Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces its financial results for the quarter ended March 31, 2024 (“Q1 2024”). The financial statements together with the related management’s discussion and analysis are available on the Company’s website and under the Company’s profile on SEDAR+ at www.sedarplus.ca. HighlightsGenerated revenue of US$1.8 million in Q1 2024. Produced 636 gold equivalent ounces(1) and sold 850 gold equivalent ounces(1) in Q1 2024. Incurred exploration expenditures of US$0.8 million in Q1 2024 including completion of:Mapping and sampling on the La Valencia project and a total of 384-line kilometers of ground magnetics surveying to the east of Veta Principal (the main structure on the project). A diamond drilling program...

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Jasper Therapeutics to Present Data on Briquilimab in Mast Cell Driven Diseases at the EAACI Congress 2024

REDWOOD CITY, Calif., May 30, 2024 (GLOBE NEWSWIRE) — Jasper Therapeutics, Inc. (Nasdaq: JSPR) (Jasper), a clinical stage biotechnology company focused on development of briquilimab, a novel antibody therapy targeting c-Kit (CD117) to address mast cell driven diseases such as chronic spontaneous urticaria (CSU), chronic inducible urticaria (CIndU) and asthma, today announced presentations of data from its preclinical and healthy volunteer studies of briquilimab, as well as trial-in-progress presentations from its BEACON and SPOTLIGHT clinical studies, at the European Academy of Allergy and Clinical Immunology (EAACI) Congress 2024, taking place May 31 – June 3 in Valencia, Spain. The two preclinical studies being presented at EAACI showed the potential of briquilimab in asthma and atopic dermatitis (AD), respectively. The asthma...

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Central 1 reports 2024 first quarter financial results

VANCOUVER, British Columbia, May 30, 2024 (GLOBE NEWSWIRE) — Central 1 Credit Union (Central 1) today reported its first quarter performance reflecting strong financial results across business lines consistent with plans and expectations. “Central 1’s financial performance for the first quarter of 2024 remained stable,” said Sheila Vokey, Central 1’s President and CEO. “As we continue to monitor market forces and trends, our internal efforts remain focused on providing access to reliable services and core support for our members and clients.” First quarter 2024 compared with first quarter 2023:Net income of $28.9 million, compared with net income of $1.3 million Net fair value gain1 of $34.5 million, compared with net fair value loss1 of $6.2 million Net interest income of $14.5 million, compared with net interest income of $11.9...

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QIAGEN and Myriad Genetics develop distributable homologous recombination deficiency test for global research and companion diagnostics applications

Next-generation-sequencing-based homologous recombination deficiency (HRD) assay based on QIAGEN’s QIAseq xHYB technology, QIAGEN Digital Insight solutions, and Myriad’s proprietary, FDA-approved MyChoice CDx® biomarkersQIAGEN to make kit-based HRD test available globally to support research and companion diagnostics development in collaboration with pharmaceutical partners enabling wider adoption and potential clinical indication expansion for MyChoice CDxProject builds on recently announced master collaboration agreement between the two companiesVENLO, The Netherlands and SALT LAKE CITY, May 30, 2024 (GLOBE NEWSWIRE) — QIAGEN (NYSE: QGEN; Frankfurt Prime Standard: QIA) and Myriad Genetics (NASDAQ: MYGN) today announced they will develop a globally distributable kit-based test for analyzing Homologous Recombination Deficiency...

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