Day: September 17, 2024

DAVIDsTEA Reports Financial Results for Second Quarter of Fiscal 2024

Written by Customer Service on September 17, 2024. Posted in Earnings Releases And Operating Results.

Sales of $11.1 million, an increase of 12.8% over the prior year Gross profit margin of 47.3%, significantly better compared to 36.9% in prior year SG&A expenses of $6.7 million, down 15.2% versus prior year Net loss of $1.5 million, improved from loss of $4.3 million in prior year Adjusted EBITDA1 of negative $0.3 million versus negative $2.6 million in prior year New store opened September 5th in Montreal’s Royalmount Mall Additional store opening in the Montreal Eaton Centre expected in early November MONTREAL, Sept. 17, 2024 (GLOBE NEWSWIRE) — DAVIDsTEA Inc. (TSX-Venture: DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announced today its second quarter results for the period ended August 3, 2024. “We are pleased to report that DAVIDsTEA reached a key inflection point in the second quarter...

EnviroGold Global Announces Appointment of Chief Operating Officer

Written by Customer Service on September 17, 2024. Posted in Public Companies.

TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) — EnviroGold Global Limited (CSE: NVRO | OTCQB: ESGLF | Fr: YGK) (“EnviroGold,” or the “Company”), a technology company enabling the global mining industry to monetize valuable metals contained in mine waste and tailings, reduce environmental liabilities and improve social and environmental outcomes, is proud to announce the appointment of Mr. Grant Freeman as Chief Operating Officer of the Company, effective immediately. Mr. Freeman brings over 20 years of experience in the mining and finance sectors. He previously served as CEO of Los Calatos Holding Limited, a significant copper project in Peru, owned by private equity, and as Managing Director for Mining Investment Banking Groups, including Casimir Capital (Asia Pacific) Pty Ltd and Transocean Securities. Throughout his career, Mr. Freeman...

FlightWave, a Red Cat Company, Secures $1.9 Million TACFI Award for Advanced Enhancements to Edge 130 VTOL

Written by Customer Service on September 17, 2024. Posted in Public Companies.

SANTA MONICA, Calif., Sept. 17, 2024 (GLOBE NEWSWIRE) — FlightWave Aerospace, a leading innovator in unmanned aerial systems (UAS), today announced it has secured a $1.9 million award through the U.S. Air Force’s Tactical Funding Increase (TACFI) program. Following the recent acquisition of FlightWave by Red Cat Holdings, Inc. (Nasdaq: RCAT), the company will use the funding to support critical enhancements to the Edge 130 Vertical Takeoff and Landing (VTOL) system, now a part of Red Cat’s family of low-cost, portable unmanned reconnaissance and precision lethal strike systems. The TACFI program, part of the U.S. Department of Defense’s broader Small Business Innovation Research (SBIR) initiative, provides resources to expedite the commercialization and deployment of innovative technologies for national security. This award...

Gray Media Announces Broadcast Partnership With the New Orleans Pelicans

Written by Customer Service on September 17, 2024. Posted in Public Companies.

GROUNDBREAKING RIGHTS DEAL WILL DISTRIBUTE PELICANS GAMES FREE OVER-THE-AIR TO OVER 4 MILLION HOMES ACROSS MULTIPLE STATES NEW ORLEANS, Sept. 17, 2024 (GLOBE NEWSWIRE) — Today, Gray Media, in partnership with the New Orleans Pelicans, announces a transformative media rights deal to bring every non-national Pelicans NBA game to 4.1 million households through a new soon-to-be launched multi-state distribution venture called Gulf Coast Sports & Entertainment Network anchored by Gray’s New Orleans television station WVUE (FOX 8 Local First). The new network will broadcast free, over-the-air and be made available on a variety of pay-TV platforms through Gray’s television stations in Baton Rouge, Shreveport, Lake Charles, Monroe, and Alexandria, Louisiana; Gray’s television stations in Biloxi, Jackson, Hattiesburg,...

Xometry Europe Gives Enterprise Customers More Options To Quote And Manage Complex, High-Volume Projects

Written by Customer Service on September 17, 2024. Posted in Public Companies.

Xometry Europe Gives Enterprise Customers More Options To Quote And Manage Complex, High-Volume Projects Xometry Europe Gives Enterprise Customers More Options To Quote And Manage Complex, High-Volume Projects New, User-Friendly Dashboard At Xometry.eu/en Gives Engineers, Designers, Procurement Professionals And Project Managers Powerful Digital Tools To Coordinate, Collaborate And Manage Complex Orders The Tools Provide Real-Time Access to Procurement Tools So Customers Can Make Smart, Data-Driven Decisions The Tools Streamline Quote And Order Management And Let Customers Tap Into Xometry’s Vast Global Supplier Network MUNICH, Sept. 17, 2024 (GLOBE NEWSWIRE) — Xometry, Inc., (NASDAQ: XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today unveiled a suite of...

Comstock Metals Secures New and Larger Revenue Contracts

Written by Customer Service on September 17, 2024. Posted in Public Companies.

VIRGINIA CITY, Nev., Sept. 17, 2024 (GLOBE NEWSWIRE) — Comstock Inc. (NYSE: LODE) (“Comstock” and the “Company”) and its subsidiary, Comstock Metals Corporation (“Comstock Metals”), a technology leader in efficiently recycling end-of-life solar panels into reusable aluminum, copper, silver, glass and other minerals, that delivers a 100% closed-loop, zero-landfill solution, today announced over $150,000 in new revenues from one new commercial customer that has engaged Comstock Metals for the decommissioning and disposal of their solar panels. Comstock Metals strives to recycle materials efficiently and effectively at industrial scales, such that these materials are carefully recovered in a manner whereby they can be recycled and reused over and over again, representing the true definition of circularity, and the process and service...

Financial Stress Continues to Rise for Businesses Across Key Industries

Written by Customer Service on September 17, 2024. Posted in Public Companies.

– Economic Uncertainty and Recent Natural Disasters Could Further Impact Credit Performance for Businesses – Equifax Canada Market Pulse — Q2 2024 Quarterly Business Credit Trends Report TORONTO, Sept. 17, 2024 (GLOBE NEWSWIRE) — Equifax Canada’s Q2 Business Credit Trends Report reveals an uptick in businesses missing credit payments. According to the data, over 56,000 businesses missed at least one financial trade in Q2 2024, up 10.2 per cent from the same period in 2023. At a trade level, the 60+ day (volume) financial trade delinquency rate went up from 2.8 per cent to 3.1 per cent in the last 12 months, driven largely by installment loans. Businesses that rushed to take installment loans to pay off their CEBA loans before the deadline, coupled with elevated interest rates, may be contributing to this rise in loan...

RF Acquisition Corp. Announces Updated Per Share Redemption Price in Connection With Upcoming Special Meeting

Written by Customer Service on September 17, 2024. Posted in Public Companies.

SINGAPORE, Sept. 17, 2024 (GLOBE NEWSWIRE) — RF Acquisition Corp. (“RFAC” or the “Company”) today announced that, in connection with the upcoming special meeting of stockholders scheduled to be held September 23, 2024, the per-share price at which public shares will be redeemed from cash held in the Company’s trust account will be approximately $11.24. The closing price of the Company’s Class A Common Stock on September 13, 2024 was $11.24. About RFAC RFAC is a blank check company incorporated as a Delaware corporation whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. While RFAC may pursue an initial business combination target in any business, industry, or geographic location, it intends to search...

Man Group PLC : Form 8.3 – TI Fluid Systems plc

Written by Customer Service on September 17, 2024. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Man Group PLC (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree TI Fluid Systems plc (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing undertaken: For an opening position...

Interim report Q3 2023/24

Written by Customer Service on September 17, 2024. Posted in Earnings Releases And Operating Results.

Roblon’s revenue and earnings for the first three quarters of 2023/24 were in line with expectations Selected financial highlights The Group’s order intake amounted to DKKm 274.4 in Q1-Q3 2023/24 (DKKm 233.8). At 31 July 2024, the Group’s order book amounted to DKKm 99.5 (DKKm 97.9). Revenue of DKKm 249.8 (DKKm 250.1). Gross margin of 53.1% (48.5%). Operating profit before depreciation, amortisation and impairment and special items (EBITDA) of DKKm 13.1 (DKKm 3.8). Operating loss before special items (EBIT) of DKKm 6.2 (a loss of DKKm 16.7). Financial items amounted to a net expense of DKKm 3.0 (net expense of DKKm 4.0). Loss before tax of DKKm 9.3 (loss of DKKm 20.8). Net cash inflow from operations of DKKm 34.2 (DKKm 31.7). Initiation of process to divest Roblon’s US subsidiary In a separate announcement released on 16 September...

Day: September 17, 2024

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