TSX Venture Exchange

Spectra7 Microsystems to Participate in the Alliance Global Partners Virtual Emerging Growth Technology Conference on February 2, 2022

Retrieved on: 
Monday, January 24, 2022

Virtual Emerging Growth Technology ConferenceonWednesday, February 2, 2022.

Key Points: 
  • Virtual Emerging Growth Technology ConferenceonWednesday, February 2, 2022.
  • Management will be available for virtual meetings during the Conference.
  • Interested institutional investors should contact Spectra7 Investor Relations at [email protected] or their A.G.P.representative to secure a meeting time.
  • Spectra7 is based in San Jose, California with a design center in Cork, Ireland and technical support location in Dongguan, China.

Spectra7 Announces Preliminary Fourth Quarter 2021 Revenue and Record Order Backlog Entering 2022

Retrieved on: 
Monday, January 24, 2022

SAN JOSE, Calif., Jan. 24, 2022 /PRNewswire/ -- (TSXV: SEV) (OTCQB: SPVNF) Spectra7 Microsystems Inc. ("Spectra7" or the "Company"), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, today announced preliminary selected and unaudited financial results and a business update for the three month period ended December 31, 2021, and its initial outlook for fiscal 2022. Unless otherwise indicated, all dollar amounts in this press release are expressed in US dollars.

Key Points: 
  • Preliminary fourth quarter revenue of $2.6 million, up approximately 600% year-over-year1
    Total order backlog of approximately $9 million entering 2022, with Q1 order demand starting at $6 million
    Full-year 2022 unconstrained product demand is expected to exceed $20 million, with revenue realization within the year potentially constrained by supply availability 3
    "We had a very strong close to fiscal 2021 with hyperscale product sales driving fourth quarter revenue to a record high since our pivot into the data center market," said Raouf Halim, Chief Executive Officer.
  • "Our visibility into 2022 has improved significantly as we start the new year with total order backlog of more than $9 million.
  • "3
    The Company expects to report revenue of approximately $2.6 million for the fourth quarter of 2021, compared with $1.6 million in the third quarter of 2021 and $0.4 million in the fourth quarter of 2020.
  • Gross margin2 as a percentage of revenue in the fourth quarter is forecasted to be approximately 59% compared with 57% in the third quarter of 2021 and 51% in the fourth quarter of 2020.

ArcPacific Provides Update on the Blackdome Gold Project

Retrieved on: 
Monday, January 24, 2022

These are the opportunities we dream about, and we are looking forward to being the first company to bring a drill to this exciting new gold project."

Key Points: 
  • These are the opportunities we dream about, and we are looking forward to being the first company to bring a drill to this exciting new gold project."
  • ACP completed a geochemical sampling program in 2021 at the Blackdome project, which included hand trenching and sampling.
  • Highlights from the program include 36 meters of 1.03 g/t gold equivalent (using gold and silver values only).
  • The entire length of both trenches showed significant gold values including up to 7.35 g/t gold over a 1-meter segment (see release dated September 7, 2021 ).

Silver Mountain Resources Announces Pricing of Upsized Initial Public Offering

Retrieved on: 
Monday, January 24, 2022

TORONTO, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Silver Mountain Resources Inc. (“Silver Mountain” or the “Company”) is pleased to announce that it has entered into an amendment to the engagement letter in respect of its proposed initial public offering (the “Offering”). The Offering is now agreed to consist of a treasury offering of 46,000,000 units of the Company (the “Units”) at a price of $0.50 per Unit, for gross proceeds of $23,000,000. The Offering was upsized from an initial size of $15,000,000 as a result of excess demand.

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN OR INTO THE UNITED STATES
    TORONTO, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Silver Mountain Resources Inc. (Silver Mountain or the Company) is pleased to announce that it has entered into an amendment to the engagement letter in respect of its proposed initial public offering (the Offering).
  • The Offering is now agreed to consist of a treasury offering of 46,000,000 units of the Company (the Units) at a price of $0.50 per Unit, for gross proceeds of $23,000,000.
  • The Offering was upsized from an initial size of $15,000,000 as a result of excess demand.
  • On Behalf of the Board of Directors of Silver Mountain Resources Inc.
    Silver Mountain Resources Inc. is a silver explorer and mine developer planning to re-commence production at the Reliquias underground mine and undertake exploration activities at its prospective silver camps at the Castrovirreyna Project in Huancavelica, Peru.

Apollo Finalizes Arizona Silver District Project Work Program; Makes Scheduled Option Payment and Retains Marketing and Investor Relations Group

Retrieved on: 
Monday, January 24, 2022

Apollo has the option to earn 100% interest in the Project through its wholly-owned subsidiary Stronghold Silver USA Corp., (Stronghold), from Gulf + Western Industries Inc. (the Vendor).

Key Points: 
  • Apollo has the option to earn 100% interest in the Project through its wholly-owned subsidiary Stronghold Silver USA Corp., (Stronghold), from Gulf + Western Industries Inc. (the Vendor).
  • The Project is located in the heart of the Silver District, a historic silver mining region in southwestern Arizona.
  • Apollo made the payment of US$100,000 due on the first anniversary of effective date of the Option Agreement.
  • Please visit www.apollosilver.com for further information on the Arizona Silver District project.

ESE Entertainment to Enter Metaverse with New Business Division

Retrieved on: 
Monday, January 24, 2022

VANCOUVER, British Columbia, Jan. 24, 2022 (GLOBE NEWSWIRE) -- ESE Entertainment Inc. (ESE or the Company) (TSXV: ESE) (OTCQB: ENTEF) is pleased to announce that it has started a new division of its business focused on expanding its existing business products and services to the metaverse.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 24, 2022 (GLOBE NEWSWIRE) -- ESE Entertainment Inc. (ESE or the Company) (TSXV: ESE) (OTCQB: ENTEF) is pleased to announce that it has started a new division of its business focused on expanding its existing business products and services to the metaverse.
  • ESE Entertainment has identified two primary metaverses that it will seek to build business products and services for: Decentraland and The Sandbox.
  • Through the introduction of its metaverse business division, the company believes it may be able to expand its current offerings to clients in the metaverse by utilizing its expertise in gaming.
  • Konrad Wasiela will head the new metaverse division and ESE will seek to bring further expertise with strategic partnerships, hires, and advisors in 2022.

Else Nutrition Announces Up-Listing to the Toronto Stock Exchange

Retrieved on: 
Monday, January 24, 2022

In connection with the TSX listing, the Companys common shares and warrants will be concurrently delisted from the TSX Venture Exchange.

Key Points: 
  • In connection with the TSX listing, the Companys common shares and warrants will be concurrently delisted from the TSX Venture Exchange.
  • The TSX is the premier stock exchange for Canadian and international companies, offering enhanced visibility, liquidity, and access to capital.
  • Else Nutrition GH Ltd. is an Israel-based food and nutrition company focused on developing innovative, clean and plant-based food and nutrition products for infants, toddlers, children, and adults.
  • Else Nutrition (formerly INDI) won the 2017 Best Health and Diet Solutions award at the Global Food Innovation Summit in Milan.

OTC Markets Group Announces the 2022 OTCQX Best 50

Retrieved on: 
Monday, January 24, 2022

NEW YORK, Jan. 24, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc.Markets Group Inc. (OTCQX: OTCM), operator of the OTCQX, OTCQB and Pink financial markets for over 11,000 U.S. and global securities, today announced the 2022 OTCQX Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year.

Key Points: 
  • NEW YORK, Jan. 24, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc.Markets Group Inc. (OTCQX: OTCM), operator of the OTCQX, OTCQB and Pink financial markets for over 11,000 U.S. and global securities, today announced the 2022 OTCQX Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year.
  • The 2022 OTCQX Best 50 highlights a broad range of companies traded on the OTCQX Market.
  • Three community banks were also included among this years OTCQX Best 50 list:
    Coastal Carolina Bancshares Inc (OTCQX: CCNB )
    Ten companies from last years ranking made their second appearance on the OTCQX Best 50 list in 2022.
  • Grayscale Digital Large Cap Fund LLC (OTCQX: GDLC )
    Converge Technology Solutions Corporation (OTCQX: CTSDF )
    Grayscale Bitcoin Trust (BTC) (OTCQX: GBTC )
    The 2022 OTCQX Best 50 Companies:

O3 Mining Intersects 12.0 g/t Au Over 8.3 Metres From Kappa Zone at its Alpha Project

Retrieved on: 
Monday, January 24, 2022

The Kappa structure occurs about 150 metres north of the Bulldog zone and was identified while stepping back to drill Bulldog at depth.

Key Points: 
  • The Kappa structure occurs about 150 metres north of the Bulldog zone and was identified while stepping back to drill Bulldog at depth.
  • The shallow intercept in hole O3AL-21-380 is located 600 metres east of hole O3AL-21-388 and hosted within a thick dyke.
  • Based on these promising results, O3 Mining assigned 6,000 metres of drilling to expand the Kappa zone.
  • O3 Mining aims to become a leading gold producer and put the Marban project into production by 2026.

Reliq Health Technologies, Inc. Partners with Data Soft Logic to Add over 50,000 New Patients per Year to Reliq’s iUGO Care Platform

Retrieved on: 
Monday, January 24, 2022

The Data Soft Logic platform is a cloud-based home health and hospice care solution that provides a suite of applications including point of care, billing, scheduling, accounting and human resources.

Key Points: 
  • The Data Soft Logic platform is a cloud-based home health and hospice care solution that provides a suite of applications including point of care, billing, scheduling, accounting and human resources.
  • The platform is used currently used by over 600 home health and hospice care agencies across the United States.
  • Data Soft Logics home health and hospice clients work with over 1,000 primary care physicians who provide care to over 500,000 Medicare and Medicaid patients.
  • Reliqs own home health and hospice clients will benefit from having the option of fully integrated access to Data Soft Logics exceptional, comprehensive practice management platform.