Day: June 18, 2024

Abaxx Announces Investor Call

TORONTO, June 18, 2024 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, indirect majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, announces that it will be hosting an Investor Update call and presentation on Wednesday, July 3rd at 10:00 a.m. EST, with details outlined in this release. The purpose of the call is to provide investors with a corporate update following the projected late-June first trades on the Abaxx Commodity Futures Exchange and Clearinghouse. The Company will hold the investor presentation via Zoom Meetings on Wednesday, July 3rd...

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Mesa Air Group Reports Second Quarter Fiscal 2024 Results

PHOENIX, June 18, 2024 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported second quarter fiscal 2024 financial and operating results. Second Quarter Fiscal 2024 Update: Total operating revenues of $131.6 million Pre-tax income of $11.7 million, net income of $11.7 million or $0.28 per diluted share Adjusted net income1 of $6.3 million2 or $0.15 per diluted share Adjusted EBITDAR1 of $28.2 million Flew 99.85% controllable completion factor Additional Updates: Closed on additional five engines associated with RASPRO finance lease since June 2024 announcement Renegotiated operating lease on two CRJ aircraft into a fully amortized buyout lease, reducing payments by $9.5 million over life of lease “Our second quarter results have begun to demonstrate an improvement in our business and...

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Ashland achieves certification by Fair Wage Network

WILMINGTON, Del., June 18, 2024 (GLOBE NEWSWIRE) — Ashland Inc. (NYSE:ASH) has strengthened its performance  towards environmental, social and governance (ESG) practices and a more just and equitable society through  a relationship with the Fair Wage Network (FWN) to understand living wages for the company’s 3,800 global employees. Following a rigorous and thorough process where compensation data for all employees was reviewed on an anonymous basis and steps were taken to remediate any pay gaps, Ashland achieved certification as a Global Living Wage Employer. Distinct from an audit approach, Fair Wage is an economically rigorous standard and methodology designed to assess, develop and optimize wage policies. Fair Wage encompasses sustainability dimensions like Living Wage and Equal Salary but is more comprehensive and systematically...

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DAVIDsTEA Reports Financial Results for First Quarter of Fiscal 2024

Sales of $13.4 million Net loss of $2.6 million Adjusted EBITDA1 of negative $0.8 million Launches cold brew ready-to-drink sparkling iced tea collection MONTREAL, June 18, 2024 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its first quarter results for the period ended May 4, 2024. “Despite tough economic conditions reducing overall demand, we are committed to turning our business around,” said Sarah Segal, Chief Executive Officer and Chief Brand Officer, DAVIDsTEA. “Brick-and-mortar sales grew by mid-single digits for the second consecutive quarter in Q1. Our specialty teas and brand equity resonate strongly with consumers, who want a sensory experience—smelling and sampling our teas—before buying. Therefore, we are focused on in-store...

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EyePoint Pharmaceuticals to Host R&D Day on June 26, 2024

WATERTOWN, Mass., June 18, 2024 (GLOBE NEWSWIRE) — EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT), a pharmaceutical company committed to developing and commercializing therapeutics to help improve the lives of patients with serious retinal diseases, today announced that the Company will host an R&D Day on Wednesday, June 26, 2024 from 8:00 a.m. to 9:30 a.m. ET. The R&D Day will feature presentations and a roundtable discussion from key opinion leader (KOL) guest speakers Carl D. Regillo, M.D., FACS, Professor of Ophthalmology at Thomas Jefferson University, Chief of Retina Service at Wills Eye Hospital, Founder of Wills Eye Clinical Retina Research Unit in Philadelphia, and Partner at Mid Atlantic Retina and Yasha S. Modi, M.D., Associate Professor of Vitreoretinal Surgery, Retinal Disease and Uveitis at New York University...

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Standard Uranium Confirms Uranium Mineralization in Multiple Drill Holes at Atlantic Project; Provides Analytical Highlights from Winter Drill Program

VANCOUVER, British Columbia, June 18, 2024 (GLOBE NEWSWIRE) — Standard Uranium Ltd. (“Standard Uranium” or the “Company”) (TSX-V: STND) (OTCQB: STTDF) (Frankfurt: FWB:9SU) is pleased to announce a summary of analytical results from the inaugural winter 2024 drill program at its 3,061-hectare Atlantic Project (“Atlantic” or “the Project”) highlighting uranium mineralization in multiple drill holes. Atlantic is situated in the prolific eastern Athabasca Basin, northern Saskatchewan (Figure 1). The Project is currently under option (the “Option”) to ATCO Mining Inc. (the “Optionee”) an arms-length company listed on the Canadian Securities Exchange (CSE: ATCM). Pursuant to the Option, the Optionee can earn a 75% interest in Atlantic over three years. The Optionee-funded winter 2024 drill program contributes to satisfying the first...

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Clene Presents Extended Survival Data Through 3.5 Years and New NfL Responder Results with CNM-Au8® 30 mg Treatment from the HEALEY ALS Platform Trial Open Label Extension at the 2024 ENCALS Meeting

Survival analyses with CNM-Au8 30 mg treatment compared to matched PRO-ACT controls demonstrated improved survival up to 3.5 years post-baseline (hazard ratio: 0.431, p=0.0002) Average of 28% NfL reduction observed in an NfL responder subset (geometric mean ratio, change at Week 76 post-baseline: 0.72, p

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Forsys Reports Results from Preliminary Leaching Test Work and Project Workplan at Norasa

TORONTO, June 18, 2024 (GLOBE NEWSWIRE) — Forsys Metals Corp. (TSX: FSY) (FSE: F2T) (NSX: FSY) (“Forsys” or the “Company”) Forsys is pleased to be able to release the results of its metallurgical column leaching test work for its Norasa Uranium project (“Norasa Project”1) together with details of its work plan for further optimising heap leach conditions and ore-sorting testwork. Highlights Completed metallurgical test work supports utilizing heap leaching to recover uranium at Norasa. A total of 16 metallurgical column leach tests have been completed. Various test conditions were assessed, covering initial scouting tests aimed at evaluating the impact of binder addition, higher irrigation rates and grind size on recoveries, leach kinetics and acid consumption. Uranium extraction rates of up to 87% (crushed with a conventional...

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Enthusiast Gaming’s U.GG Expands into Helldivers 2

Expansion into fastest-selling Playstation title ever provides access to new users and growth opportunities LOS ANGELES, June 18, 2024 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), a leading gaming and media company, is pleased to announce that its data-driven and insights platform, U.GG, has expanded into Helldivers 2. Helldivers 2 marks U.GG’s first expansion outside of the Blizzard and Riot ecosystems, bringing their data-driven insights to a new community of users and the total number of games covered by the platform to five, together with League of Legends, World of Warcraft, Valorant, and Teamfight Tactics. The expansion is also the second to leverage U.GG’s curated content management system initially developed for U.GG’s expansion into TeamFight Tactics announced on...

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OTC Markets Group Welcomes Aixia Group AB to OTCQX

NEW YORK, June 18, 2024 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Aixia Group AB (Spotlight Stock Market: AIXIA B; OTCQX: AIXAF), an information technology company, has qualified to trade on the OTCQX® Best Market. Aixia Group AB begins trading today on OTCQX under the symbol “AIXAF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com. Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX,...

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