Xtract Resources

Xtract One Releases Third Quarter Fiscal 2023 Financial Results

Retrieved on: 
Thursday, June 8, 2023

The bookings generated by the Platform operating segment was a 792% increase compared to the same period last year,” stated Peter Evans, Chief Executive Officer of Xtract One.

Key Points: 
  • The bookings generated by the Platform operating segment was a 792% increase compared to the same period last year,” stated Peter Evans, Chief Executive Officer of Xtract One.
  • Loss and comprehensive loss was $13.0 million for the nine month period ended April 30, 2023, compared $8.6 million for the same period in 2022.
  • Xtract One will host a conference call to discuss its annual results on Thursday, June 8, 2023, at 5:30 pm EST.
  • Peter Evans, Xtract One CEO and Director, and Karen Hersh, CFO and Corporate Secretary, will provide an overview of the financial results along with management’s outlook for the business, followed by a question-and-answer period.

Xtract One Technologies Announces Shareholders Approval and Closing of Final Tranche of C$13.4M Investment by Madison Square Garden Sports

Retrieved on: 
Wednesday, April 12, 2023

The Company is also pleased to announce that the Second Tranche was closed earlier today for gross proceeds of C$5,008,749.90.

Key Points: 
  • The Company is also pleased to announce that the Second Tranche was closed earlier today for gross proceeds of C$5,008,749.90.
  • All securities issued under the Investment are subject to Canadian resale restrictions of four months and one day, in addition to applicable US resale restrictions.
  • The equity Investment enables Xtract One to further innovate its advanced security solution and accelerate its growth into new market segments.
  • “I believe more than ever that this relationship will create unique opportunities and advancement for our company.”

Xtract One Releases Second Quarter Fiscal 2023 Results

Retrieved on: 
Thursday, March 9, 2023

TORONTO, March 09, 2023 (GLOBE NEWSWIRE) -- Xtract One Technologies Inc., formerly Patriot One Technologies Inc., (TSX: XTRA) (OTCQX: XTRAF) (FRANKFURT: 0PL) (“Xtract One” or the “Company”) a leading technology-driven threat detection and patron screening solutions company, is pleased to announce its second quarter results for the three and six month periods ended January 31, 2023.

Key Points: 
  • TORONTO, March 09, 2023 (GLOBE NEWSWIRE) -- Xtract One Technologies Inc., formerly Patriot One Technologies Inc., (TSX: XTRA) (OTCQX: XTRAF) (FRANKFURT: 0PL) (“Xtract One” or the “Company”) a leading technology-driven threat detection and patron screening solutions company, is pleased to announce its second quarter results for the three and six month periods ended January 31, 2023.
  • “We continue to see accelerating growth in the business on multiple fronts and I am pleased to share our second quarter results with investors for fiscal 2023.
  • The Platform segment continues to be our main driver of growth with an 80% increase in deployments compared to last quarter,” stated Peter Evans, Chief Executive Officer of Xtract One.
  • Xtract One will host a conference call to discuss its annual results on Thursday, March 9, 2023, at 5:30 pm EST.

ModMed at AAAAI 2023: Modernizing Allergy Care With Its Latest Software Innovations

Retrieved on: 
Thursday, February 23, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230223005071/en/
    ModMed at AAAAI 2023: Modernizing Allergy Care With Its Latest Software Innovations.
  • (Photo: Business Wire)
    The recent ModMed addition of Xtract Solutions’ software to its Allergy, Asthma & Immunology solution brings intelligent and efficient allergy testing directly into clinical workflows, allowing physicians and staff to manage the full patient experience in one place.
  • “Because our allergy software was designed with input from allergists, we understand which innovations can save physicians precious time,” said Dr. David Lehman, senior medical director of otolaryngology at ModMed.
  • For more information about the ModMed Allergy, Asthma & Immunology suite, please visit ModMed at modmed.com/Allergy-Immunology .

Xtract One Technologies Announces Strategic Investment

Retrieved on: 
Monday, February 13, 2023

The initial investment of C$8.4 million (US$6.3 million) is effective immediately, with the subsequent investment of C$5 million (US$3.7 million) being conditional on the approval of Xtract One’s shareholders and all applicable regulatory approvals (together the “Investment”).

Key Points: 
  • The initial investment of C$8.4 million (US$6.3 million) is effective immediately, with the subsequent investment of C$5 million (US$3.7 million) being conditional on the approval of Xtract One’s shareholders and all applicable regulatory approvals (together the “Investment”).
  • The Investment is comprised of the sale of up to 31,925,595 units (each a “Unit”) at a price of C$0.42 per Unit.
  • The initial tranche of the Investment comprised the issuance of 20,000,000 Units for aggregate gross proceeds of C$8,400,000.
  • The initial and proposed subsequent equity Investment will enable Xtract One to further innovate its advanced security solution and accelerate its growth into new market segments.

ModMed® Acquires Software from Xtract Solutions to Build Premier Solution in Allergy

Retrieved on: 
Thursday, January 5, 2023

Xtract Solutions’ highly regarded software complements ModMed’s Allergy, Asthma & Immunology solution, which was launched in early 2022.

Key Points: 
  • Xtract Solutions’ highly regarded software complements ModMed’s Allergy, Asthma & Immunology solution, which was launched in early 2022.
  • View the full release here: https://www.businesswire.com/news/home/20230105005113/en/
    ModMed® Acquires Software from Xtract to Build Premier Solution in Allergy (Graphic: Business Wire)
    Providers of all types need greater efficiency in treating patients with allergies, asthma and immunological disorders.
  • Xtract Solutions’ software interfaces with cloud-based EMR systems and helps organize patient care from diagnosis, allergy testing, immunotherapy vial creation and injections.
  • With the addition of Xtract Solutions’ software, ModMed can expand ModMed’s highly specialized software solution designed specifically to support allergy care.

Patriot One Releases Fourth Quarter and Year-end Results

Retrieved on: 
Friday, October 22, 2021

TORONTO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Patriot One Technologies Inc.(TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (Patriot One or the Company), a technology-leading threat detection and patron screening solutions developer, is pleased to announce its fourth quarter and annual financial results for the year ended July 31, 2021.

Key Points: 
  • TORONTO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Patriot One Technologies Inc.(TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (Patriot One or the Company), a technology-leading threat detection and patron screening solutions developer, is pleased to announce its fourth quarter and annual financial results for the year ended July 31, 2021.
  • With this momentum, I am very optimistic and believe we are well-positioned to deliver a strong fiscal 2022.
  • Revenue was $0.3 million for the fourth quarter ended July 31, 2021 as compared to $0.4 million for the same period in 2020.
  • Net loss from operations decreased from $5.6 million in the fourth quarter ended July 31, 2020 to $3.1 million in the fourth quarter ended July 31, 2021.

Radient Technologies Inc. Provides Corporate Update

Retrieved on: 
Thursday, September 9, 2021

Radient's Signature Brands and Licensed Partner Brands to be Sold in Several New Provinces; Company Expects to Further Reduce its Operating Expenses

Key Points: 
  • Edmonton, Alberta--(Newsfile Corp. - September 9, 2021) - Radient Technologies Inc. (TSXV: RTI) (OTC Pink: RDDTF) ("Radient" or the "Company"), a commercial manufacturer of diverse, novel and high-quality cannabis extracts and packaged products, is pleased to provide shareholders with the following corporate update.
  • Radient intends to update shareholders on the progress of the TRX Acquisition in the coming months.
  • Radient Technologies is a commercial manufacturer of diverse, novel and high-quality cannabis extracts and packaged products, specializing in identifying existing market gaps and bringing products that fulfill these gaps to consumers.
  • Radient does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

American Energy Signs Binding Term Sheet to Acquire Oil & Gas Services Company and Producer

Retrieved on: 
Wednesday, October 21, 2020

ALLENTOWN, Pennsylvania, Oct. 21, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- American Energy Partners, Inc.(American Energy) (PINK: AEPT), a diversified energy company, is pleased to announce that as of October 13th, a binding term sheet was signed with a leading Oil & Gas Production & Services Company for acquisition.

Key Points: 
  • ALLENTOWN, Pennsylvania, Oct. 21, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- American Energy Partners, Inc.(American Energy) (PINK: AEPT), a diversified energy company, is pleased to announce that as of October 13th, a binding term sheet was signed with a leading Oil & Gas Production & Services Company for acquisition.
  • Additionally, the acquisition includes a fund established for future reclamation and abandonment of oil & gas impacted land.
  • American Energy Partners, Inc. is a diversified energy company.
  • Through its various subsidiaries, the Company engages in water treatment and distribution, oil and natural gas production, geotechnical consulting services, and energy education.