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Month: May 2024

The Keg Royalties Income Fund announces May 2024 cash distribution

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its May 2024 distribution of $0.0946 per unit has been declared and is payable to unitholders of record as at May 21, 2024. The May 2024 distribution will be paid on May 31, 2024. The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool. With approximately 10,000 employees, over 100 restaurants and annual system sales exceeding $700 million,...

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Auction result of Treasury Bills – RIKV 24 0717 – RIKV 24 1120

Series  RIKV 24 0717 RIKV 24 1120Settlement Date  05/15/2024 05/15/2024Total Amount Allocated (MM)  23,950 27,000All Bids Awarded At (Price / Simple interest)  98.382 / 9.398 95.273 / 9.451Total Number of Bids Received  18 23Total Amount of All Bids Received (MM)  34,590 49,691Total Number of Successful Bids  11 15Number of Bids Allocated in Full  11 13Lowest Price / Highest Simple Interest Allocated  98.382 / 9.398 95.273 / 9.451Highest Price / Lowest Simple Interest Allocated  98.434 / 9.091 95.374 / 9.239Lowest Price / Highest Simple Interest Allocated in Full  98.382 / 9.398 95.274 / 9.448Weighted Average of Successful Bids (Price/Simple Interest)  98.390 / 9.351 95.298 / 9.398Best Bid (Price / Simple Interest)  98.434 / 9.091 95.374 / 9.239Worst Bid (Price / Simple Interest)  98.280 / 10.001 95.202 / 9.600Weighted...

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CLM Announces Management and Board Changes

Brett Lynch to become Executive Chairman & Richard Quesnel to become President & Chief Executive Officer TORONTO, May 13, 2024 (GLOBE NEWSWIRE) — Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company“) is pleased to announce the appointment of Brett Lynch as Executive Chairman, Richard Quesnel as President and Chief Executive Officer, and Rene Bharti as Vice President of Corporate Development, each effective immediately. Brett Lynch appointed as Executive Chairman Mr. Lynch stated, “having been a director on the board of CLM for several years, I am excited to further deepen my role and responsibilities in CLM as Executive Chairman. I believe that CLM is ideally placed to become a significant player in the development of Quebec’s lithium supply chain. I anticipate that our experience...

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Titan Medical Reports Financial Results for the First Quarter 2024

TORONTO, Ontario, May 13, 2024 (GLOBE NEWSWIRE) — Titan Medical Inc. (“Titan” or the “Company”) (TSX: TMD; OTC: TMDIF), today reported financial results for the three months ended March 31, 2024. Recent Activities:On March 18, 2024, the Company announced it has entered into a definitive amalgamation agreement (the “Definitive Agreement”) with Conavi Medical Inc. (“Conavi”) to combine the companies in an all-stock transaction (the “Transaction”). Under the terms of the Definitive Agreement, a newly incorporated and wholly-owned subsidiary of the Company and Conavi will amalgamate and the shareholders of Conavi will be issued Common Shares of the Company (“Common Shares”) based on an exchange ratio to be determined pursuant to the Definitive Agreement. The exchange ratio will be adjusted, if necessary, such that the Company’s shareholders...

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Dassault Systèmes: declaration of the number of outstanding shares and voting rights as of April 30, 2024

Press ReleaseVELIZY-VILLACOUBLAY, France — May 13, 2024 Declaration of the number of outstanding shares and voting rights as of April 30, 2024 Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced below the total number of its outstanding shares and voting rights as of April 30, 2024, according to articles 223-16 and 221-3 of the General Regulation of the Autorité des marchés financiers. Number of outstanding shares: 1,338,731,279 Number of voting rights*: 2,007,958,682 *The total number of voting rights is calculated on the basis of the total number of outstanding shares, even if the voting rights attached thereto are suspended, pursuant to Article 223-11 of the General Regulation of the Autorité des marchés financiers relating to the method for calculating the percentages of holdings in shares and in voting rights....

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Milestone Pharmaceuticals Reports First Quarter 2024 Financial Results and Provides Regulatory and Corporate Update

– NDA for etripamil in PSVT resubmitted in 1Q 2024– Cash resources as of March 31, 2024 expected to fund operations into 2026– Dialogue with FDA to finalize Phase 3 protocol for etripamil in AFib-RVR is progressing MONTREAL and CHARLOTTE, N.C., May 13, 2024 (GLOBE NEWSWIRE) — Milestone Pharmaceuticals Inc. (Nasdaq: MIST) today reported financial results for the first quarter ended March 31, 2024 and provided a regulatory and corporate update. “We’re currently on track for the potential FDA approval of CARDAMYST™ (etripamil) nasal spray in the first half of 2025 to deliver a valuable treatment option to patients suffering from PSVT,” said Joseph Oliveto, President and Chief Executive Officer of Milestone Pharmaceuticals. “We remain focused on working with FDA through the review process and preparing for commercialization...

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Fortrea Reports First Quarter 2024 Results

For the three months ended March 31, 2024, from continuing operations:Revenues of $662.1 million GAAP net loss of $81.6 million Adjusted EBITDA of $29.5 million GAAP and adjusted diluted earnings (loss) per share of $(0.91) and $(0.04), respectively Book-to-bill ratio of 1.11x, resulting in >1.2x book-to-bill for the trailing nine months Planned divestiture of assets relating to the Endpoint Clinical and Patient Access businesses on trackDURHAM, N.C., May 13, 2024 (GLOBE NEWSWIRE) — Fortrea (Nasdaq: FTRE) (the “Company”), a leading global contract research organization (CRO), today reported financial results for the first quarter ended March 31, 2024. “We are making solid progress toward our goal of being the best choice among clinical research organizations for customers large and small, creating a positive and distinctive...

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K92 Mining Announces Strong 2024 Q1 Financial Results – Financial Position Strong as Stage 3 Expansion Advances

VANCOUVER, British Columbia, May 13, 2024 (GLOBE NEWSWIRE) — K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQX: KNTNF) is pleased to announce financial results for the three months ended March 31, 2024. ProductionQuarterly production of 27,462 ounces gold equivalent (“AuEq”) or 24,389 oz gold, 1,443,300 lbs copper and 35,650 oz silver (1), representing a 39% increase from Q1 2023. Cash costs of US$934/oz gold and all-in sustaining costs (“AISC”) of US$1,366/oz gold (2). Ore processed of 130,632 tonnes or 1,436 tpd (“tonnes per day”), an 11% increase from Q1 2023 and 5% greater than the Stage 2A Expansion design rate of 1,370 tpd. During the quarter, multiple throughput records were achieved. Monthly throughput record achieved in January of 57,144 tonnes processed or 1,843 tpd, exceeding the Stage 2A Expansion design rate...

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Rego Payment Architectures Selected for ICBA ThinkTECH Accelerator Program

Fintech to join seventh cohort to develop family-focused mobile banking solutions for community banks BLUE BELL, Pa., May 13, 2024 (GLOBE NEWSWIRE) —  Rego Payment Architectures (“REGO”), a prominent white-label family digital wallet platform provider (OTCQB: RPMT), announced today its selection to the Independent Community Bankers of America®’s (ICBA) ThinkTECH Accelerator Program, which kicks off May 19 at the ICBA Center for Innovation in Atlanta. The selected companies are focused on supporting several top areas critical for today’s community bankers, including onboarding, analytics, automation and compliance. The second of two accelerator programs planned for 2024, these solutions will provide vital support for community banks nationwide. “As a leading presence in the global financial services market, we are thrilled to participate...

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Olink reports first quarter 2024 financial results

UPPSALA, Sweden, May 13, 2024 (GLOBE NEWSWIRE) — Olink Holding AB (publ) (“Olink”) (Nasdaq: OLK) today announced its unaudited financial results for the first quarter ended March 31, 2024. HighlightsFirst quarter 2024 revenue totaled $28.8 million, representing year over year growth of 5% on a reported basis and 5% on a constant currency adjusted like-for-like basis Total Explore customer installations reached 121, with 14 installations during the first quarter Total Signature Q100 placements reached 202, with 16 placements during the first quarter Explore revenue of $18.0 million accounted for 63% of total first quarter revenue, with Explore Kit revenue totaling $11.3 million, or 63% of total Explore revenues First quarter kits revenue and analysis services revenue represented 61% and 27% of total revenue, respectively First...

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