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Day: August 2, 2024

Digicann Ventures and 3Win Corp. Sign Binding LOI for Proposed RTO Transaction

/Not for distribution to U.S. news wire services or for dissemination in the United States/ VANCOUVER, British Columbia, Aug. 02, 2024 (GLOBE NEWSWIRE) — Digicann Ventures Ltd. (“Digicann” or the “Company”) (CSE: DCNN) (OTCPK: AGFAF), a company focused on opportunities within and outside of the cannabis industry, announces that it has entered into a binding letter of intent (the “LOI“) with 3Win Corp. (“3Win”) dated August 1, 2024 to effect a transaction that will result in the reverse take-over (the “RTO”) of Digicann by 3Win (the “Proposed Transaction“) to ultimately form the resulting issuer (the “Resulting Issuer“). If completed, the Proposed Transaction will constitute a “fundamental change” pursuant to the policies of the Canadian Securities Exchange (the “Exchange“)...

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Diversified Royalty Corp. Announces August 2024 Cash Dividend and Q2 2024 Earnings Release Date

VANCOUVER, British Columbia, Aug. 02, 2024 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of August 1, 2024 to August 31, 2024, which is equal to $0.25 per common share on an annualized basis. The dividend will be paid on August 30, 2024 to shareholders of record as of the close of business on August 15, 2024. Q2 2024 Earnings Release Date DIV will release earnings results for the three and six months ended June 30, 2024 following the closing of regular trading on the Toronto Stock Exchange on August 9, 2024. About Diversified Royalty Corp. DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location...

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Cornerstone Funds Announce Continuing Monthly Distributions for 2024 and Distribution Percentage for 2025

NEW YORK, Aug. 02, 2024 (GLOBE NEWSWIRE) — Cornerstone Strategic Value Fund, Inc. (NYSE American: CLM) (CUSIP: 21924B302) and Cornerstone Total Return Fund, Inc. (NYSE American: CRF) (CUSIP: 21924U300), (individually the “Fund” or, collectively, the “Funds”), each a closed-end management investment company, announced that in keeping with each Fund’s previously adopted monthly distribution policy, each Fund is declaring the following distributions:  Record Date Payable Date Per ShareCLM October 15, 2024 October 31, 2024 $0.1086CLM November 15, 2024 November 29, 2024 $0.1086CLM December 16, 2024 December 31, 2024 $0.1086       CRF October 15, 2024 October 31, 2024 $0.1037CRF November 15, 2024 November 29, 2024 $0.1037CRF December 16, 2024 December 31, 2024 $0.1037       Each Fund’s distribution policy...

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TWC Enterprises Limited Announces Second Quarter 2024 Results and Eligible Dividend

KING CITY, Ontario, Aug. 02, 2024 (GLOBE NEWSWIRE) —Consolidated Financial Highlights (unaudited)(in thousands of dollars except per share amounts) Three months ended Six months endedJune 30,2024 June 30,2023 June 30,2024 June 30,2023Net earnings 3,159 8,114 2,458 63Basic and diluted earnings per share 0.13 0.33 0.10 –Operating Data  Three months ended Six months ended  June 30, 2024 June 30, 2023 June 30, 2024 June 30, 2023Canadian Full Privilege Golf Members     15,063 15,156Championship rounds – Canada 399,000 391,000 399,000 391,00018-hole equivalent championship golf courses – Canada     35.5 35.518-hole equivalent managed championship golf courses – Canada     3.5 2.0Championship rounds – U.S. 46,000 55,000 136,000 169,00018-hole equivalent championship golf courses – U.S.     6.5 8.0The...

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Helport AI Limited and Tristar Acquisition I Corp. Announce Closing of Business Combination and listing on Nasdaq

SINGAPORE and BURLINGTON, Mass., Aug. 02, 2024 (GLOBE NEWSWIRE) — Helport AI Limited (together with its operating subsidiaries, “Helport”) (Nasdaq: HPAI), an AI technology company serving enterprise customer contact centers with intelligent products, solutions and a digital platform and Tristar Acquisition I Corp. (“Tristar”) (NYSE: TRIS), a special purpose acquisition company, today announced the completion of their previously announced business combination. Helport’s ordinary shares and warrants will commence trading on Nasdaq under the new ticker symbols “HPAI” and “HPAIW”, respectively, on Monday, August 5, 2024. The business combination was approved by Tristar’s shareholders at an extraordinary general meeting of shareholders on August 1, 2024. Mr. Guanghai Li, Helport’s Chief Executive Officer, said, “Today is an incredibly...

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Infinera Corporation Reports Second Quarter 2024 Financial Results

SAN JOSE, Calif., Aug. 02, 2024 (GLOBE NEWSWIRE) — Infinera Corporation (NASDAQ: INFN) today released financial results for its second quarter ended June 29, 2024. GAAP revenue for the quarter was $342.7 million compared to $306.9 million in the first quarter of 2024 and $376.2 million in the second quarter of 2023. GAAP gross margin for the quarter was 39.6% compared to 36.0% in the first quarter of 2024 and 38.0% in the second quarter of 2023. GAAP operating margin for the quarter was (8.7)% compared to (14.0)% in the first quarter of 2024 and (3.8)% in the second quarter of 2023. GAAP net loss for the quarter was $(48.3) million, or $(0.21) per diluted share, compared to net loss of $(61.4) million, or $(0.27) per diluted share, in the first quarter of 2024, and net loss of $(20.3) million, or $(0.09) per diluted share, in the...

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Nokia Corporation: Repurchase of own shares on 02.08.2024

Nokia CorporationStock Exchange Release02 August 2024 at 22:30 EET Nokia Corporation: Repurchase of own shares on 02.08.2024 Espoo, Finland – On 02 August 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows:Trading venue (MIC Code) Number of shares Weighted average price / share, EUR*XHEL 619,488 3.59CEUX 800,000 3.60BATE – –AQEU 124,250 3.56TQEX 45,308 3.56Total 1,589,046 3.59* Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program started on 20 March 2024. On 19 July 2024, Nokia decided to accelerate the share buybacks by increasing...

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Ocugen, Inc. Announces Closing of $35 Million Public Offering of Common Stock

MALVERN, Pa., Aug. 02, 2024 (GLOBE NEWSWIRE) — Ocugen, Inc. (Nasdaq: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies and vaccines, today announced the closing of its previously announced underwritten public offering of 30,434,783 shares of its common stock. Each share of common stock was sold at a price to the public of $1.15 per share. The gross proceeds to the Company from the offering were approximately $35 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The Company intends to use the net proceeds from this offering for general corporate purposes, capital expenditures, working capital, and general and administrative expenses. The offering was led by a premier mutual fund, along with participation...

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Mining Plays a Vital Role in Advancing the UN’s Sustainable Development Goals, says Barrick

All amounts expressed in US dollars TORONTO, Aug. 02, 2024 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – Given its importance to the economies of many developing countries and the proximity of its activities to people and natural habitats, the mining sector is uniquely placed to support the United Nations’ Sustainable Development Goals (SDGs), said Barrick president and chief executive Mark Bristow at the Company’s fourth annual sustainability update today. Presenting Barrick’s recently published Sustainability Report for 2023, Bristow said Barrick’s approach to sustainability was based on an integrated and holistic strategy that seeks to deliver outcomes that are achievable, demonstrable and aligned with global priorities. “With our alignment to the SDGs as a central framework to our sustainability reporting,...

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Forian Inc. to Announce Second Quarter 2024 Results on August 14, 2024

NEWTOWN, PA , Aug. 02, 2024 (GLOBE NEWSWIRE) — Forian Inc. (Nasdaq: FORA), a provider of data science driven information and analytics solutions to the healthcare and life sciences industries, will announce its second quarter 2024 financial results on Wednesday, August 14, 2024, after the close of the market. The Company will host a conference call and webcast at 4:30 p.m. (ET) on August 14, 2024 to discuss the results. To register for the conference call, click here. The webcast will be available live at https://edge.media-server.com/mmc/p/c5ot6k5y This information is also available on our website at www.forian.com/investors. The earnings release along with a replay of the call promptly following its conclusion will be available at the same site. About ForianForian provides a unique suite of data management capabilities and proprietary...

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