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Day: August 15, 2024

High Arctic Announces 2024 Second Quarter Results and Provides Information Pertaining to the Recently Completed Reorganization

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, Aug. 15, 2024 (GLOBE NEWSWIRE) —  High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) has released its’ second quarter financial and operating results. The unaudited consolidated financial statements, management discussion & analysis (“MD&A”), for the three and six months ended June 30, 2024 will be available on SEDAR+ at www.sedarplus.ca, and on High Arctic’s website at www.haes.ca. All amounts are denominated in Canadian dollars (“CAD”), unless otherwise indicated. Completion of Reorganization On June 17, 2024, the Corporation held its Annual and Special General Meeting where the Corporation’s...

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CORRECTION – Arcutis Announces Second Quarter 2024 Financial Results and Provides Business Update

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WESTLAKE VILLAGE, Calif., Aug. 14, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Arcutis Biotherapeutics, Inc. (Nasdaq: ARQT), please note that in the section of Recent Corporate Highlights, in the third bullet point, the date for the extended maturity should be August 2029, not June 2029. The corrected release follows:Second quarter net product revenues for ZORYVE® franchise of $30.9M, with $17.3M for ZORYVE (roflumilast) cream 0.3%, and $13.6M for ZORYVE (roflumilast) topical foam, 0.3%; sales growth of 547% vs. Q2 ’23 and 43% vs. Q1 ’24 Continued gross-to-net (GTN) improvement with blended GTN across products now in the high 50 percent range, improving from the low 60 percent range last quarter Sustained growth in prescriptions for both cream and foam, with total U.S. franchise...

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Victoria Gold Announces Appointment of Receiver over Victoria Gold Corp.

Written by Customer Service on . Posted in Public Companies.

WHITEHORSE, Yukon, Aug. 14, 2024 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) announces today that, further to the Company’s news release dated August 14, 2024, the Ontario Superior Court of Justice (Commercial List) has granted an order appointing PricewaterhouseCoopers Inc. as the receiver and manager of Victoria Gold Corp. including, without limitation, all property, assets and undertakings in which the Respondent has an interest, including the real property which includes but is not limited to the Eagle Gold Mine located in Dublin Gulch, Yukon, Canada.  The Company expects that the TSX will immediately suspend the common shares of the Company from trading and initiate and expedite a delisting review. About the Dublin Gulch PropertyVictoria Gold’s 100%-owned Dublin Gulch gold property...

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LeddarTech Reports F3Q24 Results

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QUEBEC CITY, Canada, Aug. 14, 2024 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, is pleased to announce financial results for its fiscal third quarter 2024, which ended on June 30, 2024. “This quarter, we continued to make excellent progress with OEM and Tier 1 automotive customers, improved software maturity and extended feature performance with our key technology partners, including Arm and Texas Instruments,” stated LeddarTech’s President and CEO, Frantz Saintellemy. “We believe that the automotive industry increasingly recognizes the maturity of our LeddarVision software for fusion and...

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Emerita Resources Announces Loan Financing With Nebari Resources to Advance IBW Project

Written by Customer Service on . Posted in Public Companies.

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, Aug. 14, 2024 (GLOBE NEWSWIRE) — Emerita Resources Corp. (TSXV: EMO) (the “Company” or “Emerita”) announces that it has entered into a credit agreement (the “Loan Agreement”) with Nebari Natural Resources Credit Fund II, LP (the “Lender”) pursuant to which the Company will borrow up to an maximum aggregate principal amount of USD$15,000,000 from the Lender to be issued in three tranches of: (i) USD$6,000,000 (“Tranche 1”); (ii) USD$4,500,000 (“Tranche 2”); and (iii) USD$4,500,000 (“Tranche 3” and, together with Tranche 1 and Trance 2, the “Tranches” and each a “Tranche”) (the “Loan”). The Loan will provide flexible non-dilutive financial support...

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Nexus Industrial REIT Announces Second Quarter 2024 Financial Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Net Operating Income grows 14.2% as recent investments begin yielding returns TORONTO, Aug. 14, 2024 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today its results for the second quarter ended June 30, 2024. “We have entered a new phase as we begin to benefit from our recent investments. We have high-graded our portfolio, and invested in our development projects” said Kelly Hanczyk, CEO of Nexus Industrial REIT. “Our Q2 results clearly demonstrate this shift in our trajectory, and I expect that our momentum will accelerate from here, as we now have resolved key vacancy headwinds, have three remaining development projects coming online, and will also benefit from contractual rent lift and renewals,” continued Kelly. “I am thrilled with the progress that we have made,...

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CORRECTION — Ibotta Reports Second Quarter 2024 Financial Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

DENVER, Aug. 14, 2024 (GLOBE NEWSWIRE) — In a release issued under the same headline August 13, 2024 by Ibotta (NYSE: IBTA) please note that in the Condensed Statements of Cash Flows table, a Proceeds from initial public offering, net row has been added. Everything else remains the same. The corrected release follows. Grew revenue by 14% year-over-year to $87.9 million and non-GAAP revenue by 29% Generated a net loss of $34.0 million, representing net loss as a percent of revenue of 39%, and Adjusted EBITDA of $25.3 million, representing a 29% Adjusted EBITDA margin Announced Instacart as new IPN partner with revenue contribution expected to begin by end of year Ibotta, Inc. (NYSE: IBTA), a leading technology company providing digital promotions and performance marketing solutions, today announced financial results for the second...

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