Dragon (magazine)

Axis Reports Q3 2024 Financial Results & Updates on Strategic Review Process

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Mittwoch, Mai 15, 2024

Fintech, Professional Services, Aftermarket, Automotive, Net, Dragon (magazine), AXIS, Axis, TSX

Axis Auto Finance Inc. (“Axis” or the “Company”) ( TSX: AXIS ), a financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the third quarter of fiscal 2024 ending March 31, 2024, and provides a Strategic Review update.

Key Points:

Axis Auto Finance Inc. (“Axis” or the “Company”) ( TSX: AXIS ), a financial technology company changing the way Canadians purchase and finance used vehicles, today announced financial results for the third quarter of fiscal 2024 ending March 31, 2024, and provides a Strategic Review update.
The $4.5 million in third quarter automotive loan originations were entirely owned and on balance sheet, as Axis did not originate any near prime volumes managed for Westlake Financial Services (“Westlake”).
In comparison, the Company recorded $16.7 million Westlake volumes originated in the same quarter of fiscal 2023.
Equipment finance origination volumes in the quarter were $16.7 million, a 21.9% decline from $21.3 million in the comparable quarter of 2023.

Osisko Development Reports First Quarter 2024 Results

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Dienstag, Mai 7, 2024

MONTREAL, May 06, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three months ended March 31, 2024 ("Q1 2024").

Key Points:

(All monetary references are expressed in Canadian dollars, unless otherwise indicated)
MONTREAL, May 06, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three months ended March 31, 2024 ("Q1 2024").
During the quarter, US$25.0 million ($33.9 million) was drawn under the Credit Facility, net of US$0.7 million ($0.9 million) of fees.
During Q1 2024, the Company disclosed the remaining assay results from 14 diamond drilling holes and chip samples from new development areas as part of its 2023 exploration program at Trixie.
On April 26, 2024, the Company announced the filing of the Tintic Technical Report (as defined herein) on the 2024 Trixie MRE.

Strategic Review Update

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Freitag, Mai 3, 2024

Dragon (magazine), Sale, PRS, Dragon, Population growth, Savills, REIT, Government, Recycling, AGM

On 8 January 2024, the Board of I-RES announced that it would be conducting a review to consider and evaluate all strategic options available to maximise and unlock value for shareholders in the Company (“the Strategic Review”) and would provide an initial update ahead of the Company’s AGM in May 2024.

Key Points:

On 8 January 2024, the Board of I-RES announced that it would be conducting a review to consider and evaluate all strategic options available to maximise and unlock value for shareholders in the Company (“the Strategic Review”) and would provide an initial update ahead of the Company’s AGM in May 2024.
The Strategic Review commenced following the release of the Company’s Full Year Financial Results on 23 February 2024.
These options, alongside a potential sale of the Company, will continue to be explored in detail as the Strategic Review continues.
The Company has conducted extensive tax analysis as part of the Strategic Review, including a review of the REIT structure.

Numinus Wellness Provides Corporate Update

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Montag, April 15, 2024

Dragon (magazine), FDA, Dragon, Psychedelic drug, TSX, Corporate action, Attention, Toronto Stock Exchange, MDMA, Mental health, Patient, Health, PAT, Ketamine, Organization, Nursing

VANCOUVER, BC, April 15, 2024 /PRNewswire/ - Numinus Wellness Inc. ("Numinus" or the "Company") (TSX: NUMI) (OTCQX: NUMIF), a mental health care company advancing traditional and innovative behavioral health treatments with a focus on safe, evidence-based psychedelic-assisted therapies, provides an update following unauthorized disclosure in an online newspaper which has come to its attention.

Key Points:

VANCOUVER, BC, April 15, 2024 /PRNewswire/ - Numinus Wellness Inc. ("Numinus" or the "Company") (TSX: NUMI) (OTCQX: NUMIF), a mental health care company advancing traditional and innovative behavioral health treatments with a focus on safe, evidence-based psychedelic-assisted therapies, provides an update following unauthorized disclosure in an online newspaper which has come to its attention.
Numinus affirms that any decision by management to complete the Canadian Reorganization will take into account the needs of Numinus patients and employees as well as maximizing benefits of Numinus' stakeholders.
Numinus will provide a further update when information is available.
To continue to support healthcare professionals and reinforce its commitment to advancing novel psychedelic-assisted therapies in Canada, Numinus is introducing a pilot membership program under its Numinus Network initiative.

I-RES and Vision enter into a Co-Operation Agreement

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Mittwoch, April 10, 2024

Documentation, Agreement, CFO, AGM, Dragon (magazine), IRES, Vision, Dragon, Management

The resolutions put forward by Vision on 20 March 2024 for inclusion in the Company’s Notice of AGM have been withdrawn.

Key Points:

The resolutions put forward by Vision on 20 March 2024 for inclusion in the Company’s Notice of AGM have been withdrawn.
Hugh Scott-Barrett, Chairman of the Board I-RES said:
“The Co-Operation Agreement with Vision provides a constructive framework to address the maximisation of value for shareholders.
Jeff Olin, the President & CEO and Portfolio Manager of Vision said:
"We are pleased with the proposed appointments of Richard Nesbitt and Amy Freedman.
For further information please contact:
For Investor Relations at Irish Residential Properties REIT plc:
Padraig McKeon, I-RES PR and Communications Tel: + 353 (0) 87 231 2632

Appointment of CEO Designate

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Mittwoch, April 10, 2024

Dragon (magazine), Disclosure, Shareholder, Dragon, Management

The Board of Irish Residential Properties REIT plc (“I-RES” or the “Company”) announces the appointment of Eddie Byrne as Chief Executive Officer (“CEO”) Designate, with effect from 8 April 2024.

Key Points:

The Board of Irish Residential Properties REIT plc (“I-RES” or the “Company”) announces the appointment of Eddie Byrne as Chief Executive Officer (“CEO”) Designate, with effect from 8 April 2024.
Mr Byrne will succeed Margaret Sweeney as CEO and Executive Director of the Board with effect from 1 May 2024.
Margaret will step down on 30 April 2024 following an agreed transition period with the CEO Designate.
Eddie Byrne’s appointment follows an extensive and rigorous selection process, led by the Company’s Nomination Committee, and assisted by Chair Hugh Scott-Barrett following his appointment to the role in January 2024.

Vision Submits Resolutions for Inclusion at I-RES AGM

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Mittwoch, April 10, 2024

Vision, Dragon (magazine), Dragon, EGM, AGM, Management

I-RES announces that it has received a request from Vision Capital Corporation (“Vision”) to put a number of resolutions on the agenda for the Company’s annual general meeting (“AGM”), to be held on 2 May 2024.

Key Points:

I-RES announces that it has received a request from Vision Capital Corporation (“Vision”) to put a number of resolutions on the agenda for the Company’s annual general meeting (“AGM”), to be held on 2 May 2024.
In its proposals, Vision seeks to have I-RES shareholders fund the costs of its campaign against I-RES of up to €425,000.
Vision is also seeking to put forward three nominees for appointment to the Board, all of whom were previously considered and rejected by shareholders at the recent extraordinary general meeting (“EGM”) requisitioned by Vision.
Vision has requested that I-RES use shareholders’ funds to cover a significant part of Vision’s activism costs.

Osisko Development Reports Fourth Quarter And Year-End 2023 Results

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Freitag, März 29, 2024

MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").

Key Points:

(All monetary references are expressed in Canadian dollars, unless otherwise indicated)
MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").
2,090 ounces of gold sold by the Company from operating activities in the fourth quarter (10,743 ounces of gold sold in 2023), comprising of:
$6.9 million in revenues ($31.6 million in 2023) and $6.4 million in cost of sales ($32.3 million in 2023) generated from operating activities in the fourth quarter.
After giving effect to the Financing, Osisko Development and O3 Mining hold approximately 47% and 12%, respectively, of the outstanding EEM shares.
Assay results for all remaining drill holes from the 2023 exploration program were released on February 22, 2024 (see Subsequent to Q4 2023).

RACKETPAL: LEADING UK SPORTS TECH BUSINESS ACHIEVES SIGNIFICANT USER GROWTH AND LAUNCHES STRATEGIC REVIEW

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Montag, April 8, 2024

Lazarus, Dragon (magazine), Growth, Sport, Sale, M&A

LONDON, April 8, 2024 /PRNewswire/ -- RacketPal , a leading UK sports tech business, today announces that the Company has achieved a number of significant growth milestones and has launched a strategic review to ensure that the business continues to develop and grow, both here in the UK and internationally (the "Strategic Review").

Key Points:

LONDON, April 8, 2024 /PRNewswire/ -- RacketPal , a leading UK sports tech business, today announces that the Company has achieved a number of significant growth milestones and has launched a strategic review to ensure that the business continues to develop and grow, both here in the UK and internationally (the "Strategic Review").
RacketPal has achieved significant user growth (126% year-on-year), with over 125,000 registered users; 6,000 club communities have been created to date.
The Strategic Review includes RacketPal reviewing all its options, such as a growth investment and a full sale of the business.
The Strategic Review is being handled exclusively by Lazarus Consulting, the boutique M&A advisory firm.

RACKETPAL: LEADING UK SPORTS TECH BUSINESS ACHIEVES SIGNIFICANT USER GROWTH AND LAUNCHES STRATEGIC REVIEW

Retrieved on:

Montag, April 8, 2024

Lazarus, Dragon (magazine), Growth, Sport, Sale, M&A

LONDON, April 8, 2024 /PRNewswire/ -- RacketPal , a leading UK sports tech business, today announces that the Company has achieved a number of significant growth milestones and has launched a strategic review to ensure that the business continues to develop and grow, both here in the UK and internationally (the "Strategic Review").

Key Points:

LONDON, April 8, 2024 /PRNewswire/ -- RacketPal , a leading UK sports tech business, today announces that the Company has achieved a number of significant growth milestones and has launched a strategic review to ensure that the business continues to develop and grow, both here in the UK and internationally (the "Strategic Review").
RacketPal has achieved significant user growth (126% year-on-year), with over 125,000 registered users; 6,000 club communities have been created to date.
The Strategic Review includes RacketPal reviewing all its options, such as a growth investment and a full sale of the business.
The Strategic Review is being handled exclusively by Lazarus Consulting, the boutique M&A advisory firm.