Private placement life insurance

Intermap Announces 46% Increase in Commercial Revenue During the Third Quarter

Retrieved on:

Tuesday, November 14, 2023

EBITDA, Private placement life insurance, Private placement, Person, Software, Internet, Growth, Information technology, News, Bookkeeping, Intermap Technologies

DENVER, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Intermap Technologies (TSX: IMP; OTCQB: ITMSF) (“Intermap” or the “Company”), a global leader in 3D geospatial products and intelligence solutions, today announced third quarter results. For the period ending September 30, 2023, the Company reported revenue of $1.5 million, compared with $1.2 million for the third quarter of 2022 and $1.5 million in the second quarter of 2023.

Key Points:

The improvement in Adjusted EBITDA is primarily attributable to a greater mix of highly scalable, as-a-service revenue and decreased net loss for both periods.
Since the end of the quarter, cash on the balance sheet has risen from $265 thousand to $332 thousand.
In the third quarter, Intermap won significant contracts across various markets.
“Intermap is focused on prioritizing high-value opportunities for as-a-service revenue as well as successful execution of pending government contracts, which will drive revenue gains into the fourth quarter,” said Patrick A. Blott, Intermap Chairman and CEO.

GoldenTree Asset Management Hires Head of North American Insurance

Retrieved on:

Monday, December 18, 2023

Asset Management, Professional Services, Insurance, Finance, GoldenTree Asset Management, Partner (business rank), CLO, PPLI, Multimedia, Partner, Goldman Sachs, Fuller, Private placement life insurance, Growth, Private, Spinal muscular atrophies, American Insurance Company Building, Financial services

GoldenTree Asset Management (“GoldenTree”), a global asset management firm with approximately $53 billion in assets under management, today announced the hiring of Charlie Fuller as Partner and Head of North American Insurance coverage, a newly created role.

Key Points:

GoldenTree Asset Management (“GoldenTree”), a global asset management firm with approximately $53 billion in assets under management, today announced the hiring of Charlie Fuller as Partner and Head of North American Insurance coverage, a newly created role.
He joins GoldenTree from Goldman Sachs, where he was a Managing Director and Head of Americas’ Institutional Insurance Client Business.
Fuller was also a founding member of Goldman Sachs’ Insurance Asset Management Business, and his leadership and deep relationships across the industry helped build it into one of the leading insurance asset management businesses in the industry.
View the full release here: https://www.businesswire.com/news/home/20231218247574/en/
Charlie Fuller, Partner and Head of North American Insurance (Photo: Business Wire)
Steve Tananbaum, GoldenTree’s Founder, Managing Partner and Chief Investment Officer, noted, “GoldenTree has managed capital for insurance companies for decades.

LEADING EDGE MATERIALS REPORTS QUARTERLY RESULTS TO JULY 31, 2023

Retrieved on:

Wednesday, September 20, 2023

As mentioned in our last quarterly update1, there are numerous new political and legislative initiatives to support mining and processing of critical raw materials in the EU.

Key Points:

As mentioned in our last quarterly update1, there are numerous new political and legislative initiatives to support mining and processing of critical raw materials in the EU.
Additionally, there are signs that bifurcated markets are developing for battery materials, those from China and those of Western origins.
These results confirm our belief that this is a high prospective exploration project with potential for both scale and high-grade mineralization.
The annual audited consolidated financial statements for the year ending October 31, 2023, is expected to be published on or about January 24, 2024.

Gold Ore Market Expected To Reach $26.96 Billion In 2027 as Significant Growth is Forecasted

Retrieved on:

Thursday, September 7, 2023

/PRNewswire/ -- The majority industry reports project that the gold ore market should continue to see significant growth in the near and long future. Gold ore is a type of rock that contains gold mineral or particles in sufficient quantities to make it economically viable to mine and extract the gold. A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%. The report said: "The main gold ore mining methods include placer mining, hard rock mining, and others. Placer gold mining is the method of using water to excavate, transport, concentrate, and recover heavy minerals from placer deposits (collections of gold existing in discrete particles or mixed with sand). The applications include cupellation method refining, inquartation method refining, miller chlorination process refining, Wohlwill electrolytic process refining, and aqua regia process refining used in investment, jewelry, and others." Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Harmony Gold Mining Company Limited (NYSE: HMY), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Sandstorm Gold Ltd. (NYSE: SAND), (TSX: SSL), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX).

Key Points:

A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%.
It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.
The increase in demand for gold jewelry propelled and is driving the growth of the gold ore market.
Companies operating in the gold ore market are adopting new technologies to sustain their position in the market."

Gold Ore Market Expected To Reach $26.96 Billion In 2027 as Significant Growth is Forecasted

Retrieved on:

Thursday, September 7, 2023

/PRNewswire/ -- The majority industry reports project that the gold ore market should continue to see significant growth in the near and long future. Gold ore is a type of rock that contains gold mineral or particles in sufficient quantities to make it economically viable to mine and extract the gold. A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%. The report said: "The main gold ore mining methods include placer mining, hard rock mining, and others. Placer gold mining is the method of using water to excavate, transport, concentrate, and recover heavy minerals from placer deposits (collections of gold existing in discrete particles or mixed with sand). The applications include cupellation method refining, inquartation method refining, miller chlorination process refining, Wohlwill electrolytic process refining, and aqua regia process refining used in investment, jewelry, and others." Active Companies in the markets today include Asia Broadband Inc. (OTCPK: AABB), Harmony Gold Mining Company Limited (NYSE: HMY), Kinross Gold Corporation (NYSE: KGC) (TSX: K), Sandstorm Gold Ltd. (NYSE: SAND), (TSX: SSL), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX).

Key Points:

A report from ReportLinker projected that: The global gold ore market is expected to grow from $16.03 billion in 2022 to $17.86 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%.
It added that the gold ore market is expected to reach $26.96 billion in 2027 at a CAGR of 10.8%.
The increase in demand for gold jewelry propelled and is driving the growth of the gold ore market.
Companies operating in the gold ore market are adopting new technologies to sustain their position in the market."

Clip Money Inc. Reports Second Quarter 2023 Results and Announces Appointment of a new Board Chair and Issuance of Options

Retrieved on:

Monday, August 28, 2023

Finder, Note, Partnership, CDN, Christmas, Private, Bank statement, Private placement life insurance, Ontario Basic Income Pilot Project, Clip, Growth, News, Department store, Security (finance), Audit, Q3, The Finders (movement)

Clip’s commercial momentum accelerated in the second quarter of 2023, driven by new customers and the expansion of existing customers, which resulted in strong quarter over quarter growth.

Key Points:

Clip’s commercial momentum accelerated in the second quarter of 2023, driven by new customers and the expansion of existing customers, which resulted in strong quarter over quarter growth.
New customers from the second quarter will add over 400 incremental stores in the third quarter of 2023.
Clip expects deposit volume and growth to remain vibrant through the third quarter, where it has seen triple digit deposit volume growth month on month.
A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements.

InspireSemi Announces Additional Extension of Private Placement

Retrieved on:

Monday, July 31, 2023

TSX Venture Exchange, NOR, Private, Risk, Private placement life insurance, SELL, Corporation, TMX Group, ANY, SEDAR, SALE, TSX, Private placement, News, Risk management

This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws (“forward-looking statements”).

Key Points:

This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws (“forward-looking statements”).
Statements concerning InspireSemi’s objectives, goals, strategies, priorities, intentions, plans, beliefs, expectations and estimates, and the business, operations, financial performance and condition of InspireSemi are forward-looking statements.
Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement.
In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information.

InspireSemi Announces Further Extension of Private Placement

Retrieved on:

Friday, June 30, 2023

TSX Venture Exchange, NOR, Private, Risk, Private placement life insurance, SELL, Corporation, TMX Group, ANY, SEDAR, SALE, TSX, Private placement, News, Risk management

This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws (“forward-looking statements”).

Key Points:

This press release contains certain statements that constitute forward-looking information within the meaning of applicable securities laws (“forward-looking statements”).
Statements concerning InspireSemi’s objectives, goals, strategies, priorities, intentions, plans, beliefs, expectations and estimates, and the business, operations, financial performance and condition of InspireSemi are forward-looking statements.
Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement.
In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information.

CANOPY GROWTH AND INDIVA ANNOUNCE AGREEMENT TO POSITION WANA GUMMIES FOR CONTINUED NORTH AMERICAN BRAND LEADERSHIP

Retrieved on:

Tuesday, May 30, 2023

David Klein, CEO of Canopy Growth, said, "Collectively, these agreements provide Canopy Growth more complete ownership over the value chain for the Wana brand in Canada, while ensuring continuity of high-quality manufacturing and consistency with Canopy's asset-light production strategy.

Key Points:

David Klein, CEO of Canopy Growth, said, "Collectively, these agreements provide Canopy Growth more complete ownership over the value chain for the Wana brand in Canada, while ensuring continuity of high-quality manufacturing and consistency with Canopy's asset-light production strategy.
We expect this arrangement to be immediately accretive to Canopy Growth's EBITDA, and we look forward to partnering with Indiva to further bolster Wana's position as a leading edible brand in Canada."
"We are excited to form this investment and contract manufacturing partnership with Canopy Growth, and we look forward to continuing to produce Wana gummies for many years to come," said Niel Marotta, President and CEO of Indiva.
Canopy Growth and Indiva will also enter into a customary standstill and voting support agreement.

Rivalry Announces Record Fourth Quarter, Year-End 2022, and All-Time High Quarterly Revenue In Preliminary Q1 2023 Results

Retrieved on:

Wednesday, April 26, 2023

Quarterly records exceeded in preliminary Q1 2023 results, with betting handle of $120.2 million (up 199% YoY), revenue of $12.0 million (up 151% YoY), and gross profit of $5.4 million (up 698% YoY).

Key Points:

Quarterly records exceeded in preliminary Q1 2023 results, with betting handle of $120.2 million (up 199% YoY), revenue of $12.0 million (up 151% YoY), and gross profit of $5.4 million (up 698% YoY).
The Company also announced preliminary results for the three-month period ended March 31, 2023.
Net loss was $3.5 million for Q1 2023, compared to a net loss of $6.6 million in Q1 2022.
Management will host a conference call at 10:00 a.m. EDT on Wednesday, April 26, 2023 to discuss the Company’s year-end and fourth quarter 2022 financial results.