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Month: May 2024

Rubicon Organics Reports Q1 2024 Financial Results

Achieved net revenue of $8.9 million for the three months ended March 31, 2024 Adjusted EBITDA1 loss of $0.4 million for the three months ended March 31, 2024 Negative operating cash flow of $0.9 million for the three months ended March 31, 2024 Number one premium licenced producer across all categories2 2.0%3 national market share of flower and pre-rolls for the three months ended March 31, 2024 7.1%4 national market share of premium flower and pre-rolls for the three months ended March 31, 2024 WildflowerTM is the number one topical brand in Canada with market share of 30.6%5 for the three months ended March 31, 2024 22.8%6 national market share of premium edibles for the three months ended March 31, 2024 Launch of full spectrum extract vapes in Alberta, BC, and Ontario in May 2024VANCOUVER, British Columbia , May 15, 2024 (GLOBE...

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NOVONIX Announces Completion of Due Diligence for Combination of Natural Graphite Interests into Axon Graphite

BRISBANE, Australia, May 16, 2024 (GLOBE NEWSWIRE) — NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX”), a leading battery materials and technology company, today announced that due diligence has been satisfactorily completed for both NOVONIX and Lithium Energy Limited (ASX: LEL)(“LEL”) to contribute their natural graphite exploration interests into a new company, Axon Graphite Limited (“Axon”). As previously announced, NOVONIX has agreed to divest MD South Tenements Pty Ltd, its wholly owned subsidiary that holds the Mount Dromedary natural graphite exploration interests, to Axon Graphite Limited, a subsidiary of LEL. LEL will contribute its interest in its Burke and Corella graphite projects to Axon pursuant to the agreement. As consideration for the transaction, NOVONIX will receive shares in Axon, which the parties intend...

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Mulvihill Capital Management Inc. Announces Special Meeting of World Financial Split Corp.

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) — (TSX: WFS) Mulvihill Capital Management Inc. (the “Manager”), the manager of World Financial Split Corp. (the “Fund”) announced today that the board of directors of the Fund has approved a proposal to change the investment objectives, strategy and restrictions of the Fund and to amend the articles of the Fund, all as more particularly described in the management information circular (the “Circular”) for the special meeting (the “Meeting”) of the Fund’s shareholders (the “Shareholders”). The purpose of the Meeting is to consider and vote upon a special resolution to reposition and recapitalize the Fund to enhance its ability to meet its investment objectives going forward by making the following changes. In this regard, the Fund proposes to change the following (collectively, the “Proposed...

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Assure & Danam Postpone Corporate Update Call & Webcast Scheduled for May 16

DENVER, May 15, 2024 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (NASDAQ: IONM), a provider of intraoperative neuromonitoring (“IONM”) and remote neurology services, announced today that the joint corporate update call with Danam scheduled for Thursday, May 16, 2024 at 4 p.m. Eastern Time has been postponed. The Company plans to reschedule the conference call at a later date. About Assure Holdings Assure Holdings Corp. is a best-in-class provider of outsourced intraoperative neuromonitoring and remote neurology services. The Company delivers a turnkey suite of clinical and operational services to support surgeons and medical facilities during invasive procedures that place the nervous system at risk including neurosurgery, spine, cardiovascular, orthopedic and ear, nose, and throat surgeries. Assure employs...

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Webcast Alert: Cavco Industries, Inc. Announces Fiscal 2024 Fourth Quarter and Year End Earnings Release and Conference Call Webcast

PHOENIX, May 15, 2024 (GLOBE NEWSWIRE) — Cavco Industries, Inc. (Nasdaq: CVCO) will release earnings for the fourth quarter and fiscal year ended March 30, 2024 on Thursday, May 23, 2024 after the close of market. Senior management will discuss the results in a live webcast the following day, Friday, May 24, 2024 at 1:00 p.m. Eastern Time. Date:   May 24, 2024 Time:   1:00 p.m. ET            Listen via Internet: https://investor.cavco.com/ Listen via Telephone: To participate in the call, please register here to receive the dial-in number and your unique PIN. If you are unable to participate during the live webcast, the call will be available for 90 days on https://investor.cavco.com/. Cavco Industries, Inc., headquartered in Phoenix, Arizona, designs and produces factory-built housing products primarily distributed through a...

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Condor Announces 2024 First Quarter Results

CALGARY, May 15, 2024 (GLOBE NEWSWIRE) — Condor Energies Inc. (“Condor” or the “Company”) (TSX:CDR), a Canadian based, internationally focused energy transition company focused on Central Asia is pleased to announce the release of its unaudited interim condensed consolidated financial statements for the three months ended March 31, 2024 together with the related management’s discussion and analysis. These documents will be made available under Condor’s profile on SEDAR+ at www.sedarplus.ca and on the Condor website at www.condorenergies.ca. Readers are invited to review the latest corporate presentation available on the Condor website. All financial amounts in this news release are presented in Canadian dollars, unless otherwise stated. HIGHLIGHTSThe Company executed a production enhancement services contract in January 2024...

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Inhibikase Therapeutics Reports First Quarter Financial Results and Highlights Recent Period Activity

Company to host conference call on Thursday, May 16, 2024 at 8:00 a.m. ET BOSTON and ATLANTA, May 15, 2024 (GLOBE NEWSWIRE) — Inhibikase Therapeutics, Inc. (Nasdaq: IKT) (Inhibikase or Company), a clinical-stage pharmaceutical company developing protein kinase inhibitor therapeutics to modify the course of Parkinson’s disease (“PD”), Parkinson’s-related disorders and other diseases of the Abelson Tyrosine Kinases, today reported financial results for the first quarter ended March 31, 2024 and highlighted recent developments. “2024 is shaping up to be a year of clinical and regulatory execution as we advance our core programs towards important inflection points,” said Dr. Milton H. Werner, President and Chief Executive Officer of Inhibikase. “The Phase 2 201 trial for Risvodetinib (“risvo”) in untreated Parkinson’s...

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LifeWallet Announces First Quarter 2024 Financial Results

CORAL GABLES, Fla., May 15, 2024 (GLOBE NEWSWIRE) — MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet,” or the “Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced financial results for the quarter ended March 31, 2024. LifeWallet will host a conference call and live webcast to review the Company’s first quarter 2024 results for investors and analysts at 8:30 a.m. Eastern Time on Thursday, May 16, 2024. To access this call, we encourage you to pre-register using this link: LifeWallet Q1 2024 Earnings Pre-Registration. A live webcast of the conference call will be accessible from the Investors section of LifeWallet’s website here: LifeWallet Investors. A replay of the webcast will be archived and accessible here: LifeWallet...

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Discovery Announces Annual General Meeting Results

TORONTO, May 15, 2024 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced the results of voting at its Annual General Meeting held today. Shareholders voted in favour of the election of all director nominees: Murray John (Chair); Tony Makuch; Jeff Parr; Moira Smith; Daniel Vickerman; Jennifer Wagner; and Barry Olson. Details of the votes are set out below:Nominee Votes For % For Votes Withheld % WithheldMurray John 189,120,043 99.21 1,504,559 0.79Tony Makuch 187,908,112 98.57 2,716,490 1.43Jeff Parr 189,170,054 99.24 1,454,548 0.76Moira Smith 189,201,624 99.25 1,422,978 0.75Daniel Vickerman 189,170,711 99.24 1,453,891 0.76Jennifer Wagner 166,845,268 87.53 23,779,334 12.47Barry Olson 188,802,948 99.04 1,821,654 0.96Shareholders also voted in...

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Grab Reports First Quarter 2024 Results

Revenue grew 24% year-over-year, or 29% on a constant currency basis to $653 million On-Demand GMV grew 18% year-over-year, or 21% on a constant currency basis to $4.2 billion Operating Loss improved by $129 million year-over-year to $(75) million Adjusted EBITDA improved by $129 million year-over-year to an all-time high of $62 million 2024 Adjusted EBITDA guidance raised to $250 – $270 million from $180 – $200 million previouslySINGAPORE, May 16, 2024 (GLOBE NEWSWIRE) — Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 2024. “Our focus on product-led growth is bearing fruit, with On-Demand GMV scaling to new highs in spite of the seasonal impact we usually see in the first quarter of the year. Our push on affordability and reliability is pulling more people...

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