Month: August 2024

Bitdeer AI Unveils Advanced AI Training Platform with Serverless GPU Infrastructure for Scalable and Efficient AI/ML Inference

Written by Customer Service on August 14, 2024. Posted in Public Companies.

SINGAPORE, Aug. 14, 2024 (GLOBE NEWSWIRE) — Bitdeer AI, part of Bitdeer Technologies Group (NASDAQ: BTDR), a leading AI Cloud service provider, has announced the launch of its advanced AI Training Platform, designed to provide fast and scalable AI/ML inference with serverless GPU infrastructure. With the newest AI Training Platform, Bitdeer AI becomes one of the first NVIDIA Cloud Service Providers (CSP) in Asia to offer both cloud service and an AI training platform. The Bitdeer AI Training Platform empowers everyone to build, train, and fine-tune AI models at scale through notebooks and organized resources on a project basis. Based on the pre-configured guides and customizable parameters, the innovative platform simplifies the process of developing and refining AI models, making them accessible to a wider audience. It further...

Discovery Reports Second Quarter 2024 Financial Results

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 13, 2024 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced financial results for the three months (“Q2 2024”) and six months (“YTD 2024”) ended June 30, 2024. The Company also provided a summary of key events in 2024 related to Discovery’s 100%-owned Cordero silver project (“Cordero” or the “Project”) in Chihuahua State, Mexico. All figures are stated in Canadian dollars unless otherwise noted. Tony Makuch, CEO, commented: “Discovery’s most significant milestone to date in 2024 was the release of the Cordero feasibility study (the “Feasibility Study”) results in February and subsequent filing of the technical report at the end of the first quarter. The Feasibility Study clearly established Cordero as one of the world’s largest and most valuable silver...

Ottawa Bancorp, Inc. Announces Second Quarter 2024 Results

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

OTTAWA, Ill., Aug. 13, 2024 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for OSB Community Bank (the “Bank”), announced net loss of ($0.2) million, or $(0.08) per basic and diluted common share for the three months ended June 30, 2024, compared to net income of $0.5 million, or $0.22 per basic and diluted common share for the three months ended June 30, 2023. For the six months ended June 30, 2024, the Company announced net income of $0.1 million, or $0.02 per basic and diluted common share, compared to net income of $1.0 million, or $0.39 per basic and diluted common share for the six months ended June 30, 2023. During the current quarter, the Company executed a balance sheet management strategy designed to re-position the investment portfolio, generate additional liquidity and improve...

Dundee Corporation Delivers Exceptional Q2 Results and a Major Portfolio Transaction Demonstrating Great Success in Its Core Strategy

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

TORONTO, Aug. 13, 2024 (GLOBE NEWSWIRE) — “Dundee is pleased to announce an outstanding quarter, as well as a transaction for our largest investment, Reunion Gold, marking a strong first half of 2024,” said Jonathan Goodman, President and Chief Executive Officer of Dundee Corporation. “The transaction with G Mining Ventures Corp. delivered significant value to our shareholders, as well as a compelling future re-rating opportunity driven by multiple near-term catalysts. Today, Dundee announced the sale of a significant portion of our investment in G Mining Ventures Corp. A portion of the proceeds will be used to satisfy the mandatory prepayment requirement of the loan with Earlston Investments Corp. (“Earlston”), in accordance with the terms of our loan agreement. The combined value of Dundee’s remaining holding in G Mining Ventures...

Correction: Nkarta Reports Second Quarter 2024 Financial Results and Corporate Highlights

Written by Customer Service on August 14, 2024. Posted in Earnings Releases And Operating Results.

Enrollment expected to initiate by year-end 2024 in second clinical trial of NKX019 in autoimmune disease, Ntrust-2, for treatment of systemic sclerosis, myositis and vasculitis Preliminary clinical data from Ntrust-1 and Ntrust-2 clinical trials planned for 2025 Cash balance of $426.7 million on June 30, 2024, including cash, cash equivalents and investments, expected to fund operations into late 2027This press release was updated to reflect the correct dosing schedule of the NKX019 investigator-sponsored clinical trial. As previously disclosed, patients enrolled in this trial will receive three doses of NKX019 on Days 0, 7, and 14. SOUTH SAN FRANCISCO, Calif., Aug. 13, 2024 (GLOBE NEWSWIRE) — Nkarta, Inc. (Nasdaq: NKTX), a clinical-stage biopharmaceutical company developing engineered natural killer (NK) cell therapies, today...

LuxUrban Hotels Closes First Tranche of Private Placement of Senior Secured Convertible Notes Due 2027 and Common Stock Purchase Warrants

Written by Customer Service on August 14, 2024. Posted in Public Companies.

MIAMI, Aug. 13, 2024 (GLOBE NEWSWIRE) — LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which secures long-term operating rights for entire hotels through Master Lease Agreements (MLA) under which it manages the hotel and rents out, on a short-term basis, rooms to business and vacation travelers, today announced that it has closed the first tranche of a private offering (the “Notes Offering”) to sell up to $10 million aggregate principal amount of new senior secured convertible notes due 2027 (the “Notes”) and common stock purchase warrants (“Note Warrants”) in one or more closings through August 30, 2024. The first tranche closing occurred on August 13, 2024 and generated gross cash proceeds of $2.1 million. The Company intends to use the net cash proceeds from the Notes Offering for working capital...

Peyto Reports Second Quarter 2024 Results

Written by Customer Service on August 13, 2024. Posted in Dividend Reports And Estimates.

CALGARY, Alberta, Aug. 13, 2024 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto” or the “Company”) is pleased to report operating and financial results for the second quarter of 2024. Q2 2024 Highlights:Delivered $154.8 million in funds from operations1,2 (“FFO”), or $0.79/diluted share, generated earnings of $51.4 million, or $0.26/diluted share, and returned $64.4 million of dividends to shareholders. Production volumes averaged 122,299 boe/d (642.8 MMcf/d of natural gas, 15,174 bbls/d of NGLs), a 24% increase year over year, mainly due to the Repsol Canada Energy Partnership acquisition that closed in the fourth quarter of 2023 (the “Repsol Acquisition” or “Repsol Assets”). The successful drilling program on the Repsol Assets continued...

Condor Announces 2024 Second Quarter Results

Written by Customer Service on August 13, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Aug. 13, 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 and six months ended June 30, 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. HIGHLIGHTSProduction in Uzbekistan for the second quarter of 2024 averaged...

NextGen Food Robotics Corp. Announces Delay in Filing Audited Annual Financial Statements, Management’s Discussion and Analysis and Annual Information Form

Written by Customer Service on August 13, 2024. Posted in Public Companies.

VANCOUVER, British Columbia, Aug. 13, 2024 (GLOBE NEWSWIRE) — NextGen Food Robotics Corp. (the “Company”) (CBOE: NGRB; OTC Pink: NGRBF; Frankfurt: O83) announces that it has not filed its audited annual financial statements, management’s discussion and analysis, related certifications for the financial year ended April 30, 2024, and annual information form for the fiscal year ended April 30, 2024 (the “Required Filings”) before the filing deadline of July 29, 2024, as a result of delays and the implementation of various additional processes by the Company’s auditor. Upon application by the Company, the British Columbia Securities Commission has issued a management cease trade order on July 30, 2024 (the “MCTO”), under the provisions of National Policy 12-203 Management Cease Trade Orders (“NP 12-203”) so as to permit the continued...

Kayne Anderson Energy Infrastructure Fund Prices Private Placement of $70 Million of Notes and $30 Million of Mandatory Redeemable Preferred Shares

Written by Customer Service on August 13, 2024. Posted in Public Companies.

HOUSTON, Aug. 13, 2024 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it reached an agreement with institutional investors relating to a private placement of $70 million of senior unsecured notes (“Notes”) and $30 million of mandatory redeemable preferred shares (“MRP Shares”). The private placement is expected to close on or about September 18, 2024. Net proceeds will be used to refinance existing leverage and for general corporate purposes. The table below sets forth the key terms of the Notes and MRP Shares to be issued.Notes / MRP Shares Series Amount ($ in millions) Fixed Interest / Dividend Rate Maturity / Mandatory Redemption DateNotes Series YY $30 5.19% September 2031Notes Series ZZ $40 5.45% September 2036MRP Shares Series X $30 5.49% September...

Month: August 2024

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