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Month: February 2025

NanoXplore Reports Results for its Q2-2025

MONTREAL, Feb. 11, 2025 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore” or “the Corporation”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, reported today financial results for the three-month and six-month periods ended December 31, 2024. All amounts in this press release are in Canadian dollars, unless otherwise stated. Key Financial HighlightsTotal revenues of $33,120,886 in Q2-2025 compared to $29,063,024 in Q2-2024, representing a 14% increase; Adjusted gross margin( 1) on revenues from customers of 21.3% in Q2-2025 compared to 19.4% in Q2-2024; Loss of $2,894,922 in Q2-2025 compared to $2,428,388 in Q2-2024; Adjusted EBITDA (2) of $1,102,050 in Q2-2025 compared to an adjusted EBITDA loss of $92,806 in Q2-2024; Adjusted EBITDA (2) of $1,319,926 in Q2-2025 compared to $416,000 in Q2-2024 for the Advanced...

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Computer Modelling Group Announces Third Quarter Results and Quarterly Dividend

CALGARY, Alberta, Feb. 11, 2025 (GLOBE NEWSWIRE) — Computer Modelling Group Ltd. (“CMG Group” or the “Company”) announces its financial results for the three and nine months ended December 31, 2024, and the approval by its Board of Directors (the “Board”) of the payment of a cash dividend of $0.05 per Common Share for the third quarter ended December 31, 2024. THIRD QUARTER 2025 CONSOLIDATED HIGHLIGHTS As a result of CMG Group’s acquisition of Sharp Reflections GmbH (“SR” or “Sharp”) on November 12, 2024, the Company’s operations are organized into two reportable operating segments represented by “Reservoir & Production Solutions” segment (“R&P”) which reflects the operations of CMG and includes the development and licensing of reservoir simulation software and “Seismic Solutions” segment (“Seismic”) represented by Bluware-Headwave...

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McEwen Mining Completes Upsized $110 Million Offering of Convertible Senior Unsecured Notes

TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) (the “Company”) is pleased to announce it has closed its previously announced offering of 5.25% convertible senior notes due 2030 (the “Notes”) in an aggregate principal amount of $110 million (the “Offering”), which includes the upsized offering of $95 million and the exercise in full of the $15 million option granted to the initial purchasers of the Notes. All amounts are in United States Dollars. The initial conversion rate for the Notes is 88.9284 shares of the Company’s common stock per $1,000 principal amount of Notes, equivalent to an initial conversion price of approximately $11.25 per share, which represents a premium of approximately 30% to the closing sale price of the Company’s common stock on February 6th, 2025; the capped call(1) has...

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SpringWorks Therapeutics Announces FDA Approval of GOMEKLI™ (mirdametinib) for the Treatment of Adult and Pediatric Patients with NF1-PN 

GOMEKLI™ (mirdametinib) capsules and tablets for oral suspensionGOMEKLI™ (mirdametinib) capsules and tablets for oral suspensionSaqib Islam, SpringWorks Therapeutics CEOSaqib Islam, SpringWorks Therapeutics CEOSpringWorks Therapeutics, IncSpringWorks Therapeutics, Inc.GOMEKLI™ (mirdametinib) logoGOMEKLI™ (mirdametinib) logo– GOMEKLI is the first and only medicine approved for both adults and children with NF1-PN – – Approval based on positive data from Phase 2b ReNeu trial, which showed GOMEKLI treatment resulted in robust ORR, deep and durable reductions in tumor volume, and a manageable safety profile – – SpringWorks granted rare pediatric disease priority review voucher by the FDA – Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/8eb8effc-49a5-4b24-911f-d3e6dfa9c8a9https://www.globenewswire.com/NewsRoom/AttachmentNg/f1041678-3f79-43b7-a101-2390fb8cb86bhttps://www.globenewswire.com/NewsRoom/AttachmentNg/7d8cb318-e5f8-4944-8736-24cb19a5dec9https://www.globenewswire.com/NewsRoom/AttachmentNg/072d748b-3237-48ad-8d83-1c6c23dda65f STAMFORD,...

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Teekay Group to Announce Fourth Quarter and Annual 2024 Earnings Results on February 19, 2025

HAMILTON, Bermuda, Feb. 11, 2025 (GLOBE NEWSWIRE) — Teekay Corporation Ltd. (Teekay) (NYSE:TK) and Teekay Tankers Ltd. (Teekay Tankers) (NYSE:TNK) (collectively, the Teekay Group) plan to release their financial results for the fourth quarter and annual 2024 after market close on Wednesday, February 19, 2025. The Teekay Group plans to host a conference call on Thursday, February 20, 2025 at 11:00 a.m. (ET) to discuss its results for the fourth quarter and annual 2024. All shareholders and interested parties are invited to listen to the live conference call by choosing from the following options:By dialing 1(800) 289-0438, or 1(647) 484-0478 if outside of North America, and quoting conference ID code 5649868. By accessing the webcast, which will be available on the Teekay Group’s website at www.teekay.com (the archive will remain...

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First Quantum Minerals Reports Fourth Quarter 2024 Results

(In United States dollars, except where noted otherwise) TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) today reports results for the three months ended December 31, 2024 (“Q4 2024” or the “fourth quarter”) of net earnings attributable to shareholders of the Company of $99 million ($0.12 earnings per share) and adjusted earnings1 of $31 million ($0.04 adjusted earnings per share2). “While 2024 began with several challenges brought about from the suspension of operations at the Cobre Panamá mine, the swift implementation of our comprehensive refinancing transactions at the start of the year, along with solid operational performance in Zambia, have allowed the Company to end the year in a strong position. I would like to thank everybody at First...

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Axogen, Inc. to report 2024 fourth quarter and full year financial results on February 25, 2025

ALACHUA, Fla. and TAMPA, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) — Axogen, Inc. (NASDAQ: AXGN), a global leader in developing and marketing innovative surgical solutions for peripheral nerve injuries, today announced that it will report 2024 fourth quarter and full year financial results on Tuesday, February 25, 2025, before the market opens. Axogen management will host an investment-community conference call and webcast at 8 a.m. ET following the release. Investors interested in participating in the conference call by phone may do so by dialing toll free at (877) 407-0993 or use the direct dial-in number at (201) 689-8795. Those interested in listening to the conference call live via the Internet may do so by visiting the Investors page of the company’s website at www.axogeninc.com and clicking on the webcast link. Following...

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Outbrain Announces Closing of New Senior Secured Notes Due 2030

NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) — Outbrain Inc. (NASDAQ: OB), which is operating under the new Teads brand, today announced the successful closing of its Rule 144A/Reg S private offering (the “Offering”) of $637.5 million in aggregate principal amount of 10.000% senior secured notes due 2030 (the “Notes”) at an issue price of 98.087% of the principal amount thereof in a transaction exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The size of the Offering was increased from the previously announced $625.0 million aggregate principal amount. The Notes will be guaranteed, jointly and severally on a secured, unsubordinated basis by Outbrain and each existing and future wholly owned subsidiary of Outbrain that becomes a borrower, issuer or guarantor under Outbrain’s super senior...

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POET’s Chairman & CEO Provides Business Update

Scaling to meet explosive demand for POET’s AI infrastructure hardware TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company“) (TSX Venture: PTK; NASDAQ: POET), a leader in the design and implementation of highly-integrated optical engines and light sources for Artificial Intelligence networks, today issued its “2025 Outlook” letter to shareholders from its Chairman and Chief Executive Officer, Dr. Suresh Venkatesan, providing a review of the market, the Company’s customers, the progress toward meeting the demand for AI infrastructure and an early look at what the Company is planning for 2025, including its participation in the Optical Fiber Communications Conference (OFC) in San Francisco (March 31-April 3, 2025). Turning Vision into RealityPOET’s strategic vision of becoming...

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TEGNA Announces Quarterly Dividend

TYSONS, Va., Feb. 11, 2025 (GLOBE NEWSWIRE) — TEGNA Inc.’s (NYSE: TGNA) Board of Directors declared a regular quarterly dividend of 12.5 cents per share, payable on April 1, 2025, to stockholders of record as of the close of business on March 7, 2025. About TEGNA TEGNA Inc. (NYSE: TGNA) serves local communities across the U.S. through trustworthy journalism, engaging content, and tools that help people navigate their daily lives. Through customized marketing solutions, we help businesses grow and thrive. With 64 television stations in 51 U.S. markets, TEGNA reaches more than 100 million people on an average monthly basis across the web, mobile apps, streaming, and linear television. For more information, visit TEGNA.com. Forward-Looking Statements Certain statements in this press release that do not describe historical facts may...

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