Day: November 19, 2024

Village Farms International and Hemp for Victory File Joint Motion to Disqualify DEA from Oversight of Proposed Marijuana Rescheduling Process

Written by Customer Service on November 19, 2024. Posted in Public Companies.

– Filing asserts that the DEA failed to maintain a complete record and ensure fairness and transparency – – Filing also asserts DEA is compromised and should be barred from participation in these proceedings – – Parties move that the Department of Justice replace the DEA as proponent of the Proposed Rule – ORLANDO, Fla. and VANCOUVER, British Columbia, Nov. 19, 2024 (GLOBE NEWSWIRE) — Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) and Hemp for Victory (collectively, “The Parties”), today announced that they have filed a joint motion which seeks the immediate disqualification and removal of the Drug Enforcement Administration (“DEA” or the “Agency”) from defending the Proposed Role to reschedule marijuana from a Schedule I to a Schedule III drug under the Controlled Substances Act (“CSA”). The...

Helium Evolution Announces Filing of Q3 2024 Financial Results and Provides Operations Update

Written by Customer Service on November 19, 2024. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Nov. 19, 2024 (GLOBE NEWSWIRE) — Helium Evolution Incorporated (TSXV:HEVI) (“HEVI” or the “Company“), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, announces the filing of the Company’s interim condensed financial statements and associated management’s discussion and analysis for the three and nine months ended September 30, 2024 (the “Q3 Report”). Complete details of the Q3 Report are available on SEDAR+ at www.sedarplus.ca, and on HEVI’s website. Three and Nine Months Ended September 30, 2024 Highlights: Three months ended Nine months endedTabular amounts in thousands of Canadian Dollars, except share and per share amounts September 30, 2024 September 30, 2023 September 30, 2024 September 30, 2023Financial Net loss 185 592 678 1,234Net...

Qifu Technology Announces Third Quarter 2024 Unaudited Financial Results and Launches A New US$450 Million Share Repurchase Plan for 2025

Written by Customer Service on November 19, 2024. Posted in Earnings Releases And Operating Results.

SHANGHAI, China, Nov. 19, 2024 (GLOBE NEWSWIRE) — Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2024 and launched a new US$450 million share repurchase plan for 2025. Third Quarter 2024 Business HighlightsAs of September 30, 2024, our platform has connected 162 financial institutional partners and 254.3 million consumers*1 with potential credit needs, cumulatively, an increase of 11.6% from 227.9 million a year ago. Cumulative users with approved credit lines*2 were 55.2 million as of September 30, 2024, an increase of 12.2% from 49.2 million as of September 30, 2023. Cumulative borrowers with successful drawdown, including repeat borrowers was 33.1 million...

DT Midstream Announces Proposed Public Offering of Common Stock

Written by Customer Service on November 19, 2024. Posted in Public Companies.

DETROIT, Nov. 19, 2024 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) announced that it has commenced an underwritten public offering of $300 million of shares of common stock. In connection with this offering, the Company expects to grant the underwriters a 30-day option to purchase up to $45 million of additional shares of common stock at the public offering price, less the underwriting discounts and commissions. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size or terms of the offering. The Company intends to use the net proceeds from this offering, together with proceeds from the expected issuance of up to $650 million aggregate principal amount of new senior secured notes, borrowings under our revolving credit...

Tornado Global Hydrovacs Announces Stock Option Grants

Written by Customer Service on November 19, 2024. Posted in Public Companies.

CALGARY, Alberta, Nov. 19, 2024 (GLOBE NEWSWIRE) — Tornado Global Hydrovacs Ltd. (“Tornado” or the “Company”) (TSX-V: TGH; OTCQX: TGHLF) announces that pursuant to the terms of its stock option plan, as amended, it granted incentive stock options for the purchase of up to 3,150,000 common shares of the Company effective November 19, 2024. 1,150,000 of the stock options were granted to officers of the Company and 2,000,000 were granted to certain key employees. All the stock options have an exercise price of $1.07 per share and expire five years from the date of grant. About Tornado Global Hydrovacs Ltd. Tornado is a pioneer and leader in the vacuum truck industry and has been a choice of utility and oilfield professionals with over 1,500 hydrovacs sold since 2005. The Company designs and manufactures hydrovac trucks as well as...

Aeries Technology Reports Results for Second Fiscal Quarter 2025

Written by Customer Service on November 19, 2024. Posted in Earnings Releases And Operating Results.

North America Revenue Up 13.3% Year-Over-Year Business Re-Focused on Core North American Global Capability Center (GCC) Market NEW YORK, Nov. 19, 2024 (GLOBE NEWSWIRE) — Aeries Technology (Nasdaq: AERT), a global professional services and consulting partner for businesses in transformation mode and their stakeholders, today announced financial results for the fiscal quarter ended September 30, 2024. “We are taking significant steps, including continued alignment of our cost structure, to re-focus on our core business, which consists mostly of US-based, long tenure, high quality private equity backed portfolio companies. These clients have served as a consistent revenue base for Aeries and we believe the North American GCC market will continue to grow with us,” said Sudhir Panikassery, CEO of Aeries Technology. “Our North America...

Grayscale Investments® Announces Completion of Reverse Share Splits for Grayscale® Bitcoin Mini Trust ETF (Ticker: BTC) and Grayscale® Ethereum Mini Trust ETF (Ticker: ETH)

Written by Customer Service on November 19, 2024. Posted in Dividend Reports And Estimates.

STAMFORD, Conn., Nov. 19, 2024 (GLOBE NEWSWIRE) — Grayscale Investments® (“Grayscale”), an asset management firm with over a decade of expertise in crypto investing, offering more than 25 crypto investment products, today announced the completion of the previously announced reverse share splits of Grayscale® Bitcoin Mini Trust ETF (NYSE Arca: BTC) and Grayscale® Ethereum Mini Trust ETF (NYSE Arca: ETH). The reverse share split for BTC and ETH became effective as of 5:00 pm Eastern Time on November 19, 2024 (the “Effective Time”). At the Effective Time, the reverse share split increased the price per share of BTC to five times the net asset value of a share prior to the reverse share split, with a proportionate decrease in the number of shares outstanding (excluding fractional shares). The reverse share split increased the price...

Workhorse Group Reports Third Quarter 2024 Results

Written by Customer Service on November 19, 2024. Posted in Earnings Releases And Operating Results.

CINCINNATI, Nov. 19, 2024 (GLOBE NEWSWIRE) — Workhorse Group Inc. (Nasdaq: WKHS) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today reported financial results for the third quarter ended September 30, 2024. Management Commentary “We continue to make steady progress on several fronts here at Workhorse,” said Company CEO Rick Dauch. “Securing a three-year Master Framework Agreement with FedEx is an extremely important and commercially validating milestone for us as an emerging commercial EV company. We have already built and shipped the first 15 trucks under this agreement and believe we will earn a larger order from FedEx in 2025. We also recently announced several new purchase orders with independent FedEx Ground contractors and are working...

Atico Reports Consolidated Financial Results for Third Quarter of 2024

Written by Customer Service on November 19, 2024. Posted in Earnings Releases And Operating Results.

(All amounts expressed in US dollars, unless otherwise stated) VANCOUVER, British Columbia, Nov. 19, 2024 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) today announced its financial results for the three months ended September 30, 2024, posting income from mining operations of $5.8 million and net income of $1.2 million for the quarter. Production for the quarter at Atico’s El Roble mine totaled 2.9 million pounds (“lbs”) of copper and 2,072 ounces (“oz”) of gold in concentrate at a cash cost(1) of $2.44 per payable pound of copper(2). Fernando E. Ganoza, CEO and Director, commented, “During this period, the mine’s operational metrics aligned with our expectations, despite being lower compared to both the previous quarter and the same period last year. Nonetheless, we still...

Canadian Net REIT Announces 2024 Third-Quarter Results

Written by Customer Service on November 19, 2024. Posted in Earnings Releases And Operating Results.

REIT also announces monthly distributions for Q1 2025 MONTRÉAL, Nov. 19, 2024 (GLOBE NEWSWIRE) — Canadian Net Real Estate Investment Trust (“Canadian Net” or the “REIT”) (TSX-V: NET.UN) today reported its results for the quarter ended September 30th, 2024 (“Q3 2024”). The REIT also announced distributions for the months of January, February and March 2025. “We are very pleased with the progress we made in advancing our capital recycling initiatives during the third quarter,” said Kevin Henley, President and CEO. “We successfully sold four more properties and, shortly after the quarter end, announced the acquisition of a single-tenant grocery store, redeploying our capital into an immediately accretive opportunity on an FFO per unit1 basis and further enhancing our portfolio quality. Normalizing for certain non-recurring items,...

Day: November 19, 2024

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