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MissionIR Blog

Check out some of our latest original content that was created and distributed as part of our ongoing collaborations with IR firms and other companies.

MissionIRNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Launches Upgraded RKings Tournament Platform

Golden Matrix Group (NASDAQ: GMGI), a developer and licensor of gaming platforms, systems and gaming content, has launched an upgraded Tournament platform. The robust new version of the platform includes added features and functionality specifically for Rkings’ players in Ireland and the United Kingdom. GMGI anticipates that the new platform will lead to an increase in the monthly number of skill tournaments as well as the number of participants, which should generate stronger revenue and profit from the RKings’ space. In addition, the company noted that the platform can be introduced into other regulated markets because of its scalability. GMGI is waiting for approval on its Mexican gaming permit, and then the company plans to take the platform live in that country. “This significant upgrade to the RKings platform will accelerate the growth of our B2C businesses, offering added functionality and features and also allowing us to expand into new geographic regions and strengthen our global footprint,” said Golden Matrix CEO Brian Goodman in the press release. “We believe the GMGI/RKing product offerings will be received enthusiastically by players in all regulated markets where we are licensed. At a time when global economic growth is being challenged, we are fortunate to have a scalable business model that has already demonstrated consistent profitability.”

To view the full press release, visit https://ibn.fm/ruJZG

About Golden Matrix Group Inc.

Golden Matrix Group, based in Las Vegas, Nevada, is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label B2B gaming platforms for its international customers, located primarily in the Asia-Pacific region. The company’s gaming IP includes tools for marketing, acquisition, retention and monetization of users. GMGI’s platform can be accessed through both desktop and mobile applications. As a result of its 80% controlling ownership interest in UK-based RKings Competitions Ltd., Golden Matrix also generates revenues from RKings’ scalable B2C tournament platform. For more information about the company, visit www.GoldenMatrix.com

NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI 

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Golden Matrix Group Inc. GMGI | Leave a comment

MissionIRNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) to Deploy ASR Service for Fortune 500 Distribution Center

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, today announced that a Kentucky-based Fortune 500 distribution center is the latest client to subscribe to its Autonomous Security Robot (“ASR”) service.

The announcement reads, “Distribution, manufacturing and shipping warehouses have long been targets for criminals due to several unique characteristics presenting a range of security threats that can be challenging to solve. Such examples include their proximity to high-crime areas; the often-valuable property located on premises (many times attracting employees to steal); the use of potentially lethal hazards leading to false/fraudulent injury claims; high traffic and turnover making restricted access to controlled areas difficult; and property size inhibiting large scale safety patrols. A K5 ASR monitored remotely is able to address each of these concerns and will add an invaluable layer of security to this client’s safety protocols.”

To view the full press release, visit https://ibn.fm/omHAl

About Knightscope

Knightscope is an advanced security technology company based in Silicon Valley that builds fully autonomous security robots that deter, detect and report. Knightscope’s long-term ambition is to make the United States of America the safest country in the world. For more information, visit the company’s website at www.Knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/KSCP

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Knightscope Inc. KSCP | Leave a comment

MissionIRNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Announces Participation in May 18 NYSE Trading Bell Ceremony

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM), will be participating in the morning trading bell ceremony at the New York Stock Exchange on May 18, 2022. The first psychedelics company to be listed on the NYSE, Cybin started trading on the exchange in August 2021. In addition, Cybin announced that management team members will be hosting in-person meetings with institutional investors in New York City on May 18–19. “We are delighted to be part of this ceremony as we celebrate the innovation that Cybin is bringing to the challenges of mental health treatments today,” said Cybin CEO Doug Drysdale in the press release. “As we progress from promising preclinical studies toward first-in-human trials, we are steadfastly committed to bringing improved therapeutic options to the millions of people who can benefit from our psychedelic-based therapies as quickly as possible.”

To view the full press release, visit https://ibn.fm/G6Gxa

About Cybin Inc.

Cybin is a leading ethical biopharmaceutical company working with a network of world-class partners and internationally recognized scientists on a mission to create safe and effective therapeutics for patients to address a multitude of mental health issues. Headquartered in Canada and founded in 2019, Cybin is operational in Canada, the United States, the United Kingdom and Ireland. The company is focused on progressing Psychedelics to Therapeutics(TM) by engineering proprietary drug-discovery platforms, innovative drug-delivery systems, novel formulation approaches and treatment regimens for mental health disorders. For more information, visit the company’s website at www.Cybin.com.

NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Cybin Inc. CYBN | Leave a comment

MissionIRNewsBreaks – EverGen Infrastructure Corp. (TSX.V: EVGN) (OTCQB: EVGIF) Announces NCIB

EverGen (TSX.V: EVGN) (OTCQB: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, today announced that it has filed with the TSX Venture Exchange (“TSXV”) a Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”). The NCIB, implementation of which is subject to the approval of the TSXV, will allow the company to purchase issued and outstanding common shares of EverGen through the facilities of the TSXV during a 12 month period. The period is expected to commence on May 23, 2022, and end on May 23, 2023, or such earlier date as EverGen may complete its purchases pursuant to the NCIB or as it may otherwise determine. EverGen plans to implement the NCIB due to its belief that, from time to time, the market price of the common shares may not fully reflect the underlying value of the company’s business and future prospects. Accordingly, EverGen believes that having the ability to purchase the common shares using cash flow will be in the interest of the company and represents an opportunity to enhance shareholder value.

To view the full press release, visit https://ibn.fm/nbuLk

About EverGen Infrastructure Corp.

EverGen, Canada’s renewable natural gas infrastructure platform, is combating climate change and helping communities contribute to a sustainable future, headquartered on the West Coast. EverGen is an established independent renewable energy producer, which acquires, develops, builds, owns and operates a portfolio of renewable natural gas, waste to energy, and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond. For more information about EverGen and its products, visit www.EverGenInfra.com.

NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in EverGen Infrastructure Corp. EVGIF | Leave a comment

MissionIRNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Adds Key Personnel to Support Growth

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has released a list of new employees that have been carefully hired to fuel the company’s success and support the company’s growing EV offerings, including the Mullen FIVE EV Crossover and Mullen ONE EV Cargo Van. The individuals are filling roles in an array of areas, such as vehicle engineering, vehicle integration, powertrain systems and manufacturing, and are working in several different locations, including Mullen’s vehicle team in Anaheim, California; its powertrain team in Monrovia, California; and its AMEC manufacturing team in Tunica, Mississippi. The new hires include product engineers Robert Huotari, the company’s new director of Interiors; Mark Jenkins, a new design engineer; and Ameil Kapadia, senior manager over BIW Engineering. In manufacturing, the company hired Cesar Aguirre, manager BIW advanced manufacturing engineer; Amanda Hancock, HR manager; Allen McDonald, plant controller; Kyler Ohl, IT systems architect; John Roberts, facilities supervisor; Jesse Satterfield, manager, PC and L; Jack Saylor, production manager and tech specialist; and Michelle Saylor, global manufacturing assistant. Vedanth Basappa, a manager in Virtual Simulation, and Scott Newton, a packing engineer, joined Mullen’s vehicle integration team, and Albert Lizardo was hired as a senior manager in thermal systems. “I am happy to announce the addition of these new members to the Mullen Automotive Team,” said Mullen Automotive CEO and chair David Michery in the press release. “Every new team member is a vital hire and an integral part of our EV programs and bright future for Mullen Automotive. One of our promises from the start has been to put Americans back to work in the U.S., and I fully intend to see my commitment through.”

To view the full press release, visit https://ibn.fm/vDJtJ  

About Mullen Automotive Inc.

Mullen is a southern California-based automotive company that owns and partners with several synergistic businesses working toward the unified goal of creating clean and scalable energy solutions. Mullen has evolved over the past decade in sync with consumers and technology trends. Today, the company is working diligently to provide exciting EV options built entirely in the United States and made to fit perfectly into the American consumer’s life. Mullen strives to make EVs more accessible than ever by building an end-to-end ecosystem that takes care of all aspects of EV ownership. To learn more about the company, visit www.MullenUSA.com.

NOTE TO INVESTORS: The latest news and updates relating to MULN are available in the company’s newsroom at https://ibn.fm/MULN

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Mullen Automotive Inc. MULN | Leave a comment

MissionIRNewsBreaks – GreenBox POS (NASDAQ: GBOX) Releases Q1 2022 Financial Report, Corporate Update

GreenBox (NASDAQ: GBOX), an emerging and rapidly growing fintech company, is reporting its financial numbers for the first quarter ending March 31, 2022. Highlights of the report include Q1 revenues of $4.9 million, up from $4.7 million in the same quarter last year and a processing volume growth for the quarter of $754 million versus $315 million last year. In addition, the company noted that it completed two acquisitions, including its largest acquisition to date, expanding the company’s global footprint with the acquisition of Transact Europe, and that it closed a significant licensing partnership with Cross River Bank, designed to launch banking as a service offering and expand the universe of new customers while creating incremental channels for revenue growth. Additions were made to the board of directors and executive management team and the company accelerated its share repurchase program and announced INNOCEAN as its global marketing agency.

In addition, GreenBox chair Ben Errez was featured in the most recent Bell2Bell podcast. The podcast delivers updates and exclusive interviews with executives operating in fast-moving industries. Throughout the interview, Errez and host Stuart Smith talked about the history of the company as well as its business model, operating markets and objectives. “I divide the goals for the company into several parallels,” said GreenBox chair Ben Errez in the interview. “Number one is geographic control and expansion. Most of our business today is done within the U.S., but with our completed acquisition in Europe that we announced recently, you can tell that our global expansion will begin in that region. . . . The second slice is the type of business that we do. . . . Obviously, the company makes a lot more money in the form of transactional fees when we do transactions in the mid- to high-risk space; however, we can’t do just that. We have to have a blend that fits the risk profile of the company in general. . . . Overall, we’re looking at 60% low-risk, 40% medium-to-high-risk. That’s the general goal.”

To view the full interview, visit https://ibn.fm/aB0UY

To view the full press releases, visit https://ibn.fm/nuxZb and https://ibn.fm/SEyCc

About GreenBox POS

GreenBox is an emerging financial technology company leveraging proprietary blockchain security and token technology to build customized payment solutions. The company’s applications enable an end-to-end suite of turnkey financial products, fraud detection and  improving the efficiency of handling large-scale commercial processing volumes for its merchant clients. For more information about the company, please visit www.GreenBoxPOS.com.

NOTE TO INVESTORS: The latest news and updates relating to GBOX are available in the company’s newsroom at https://ibn.fm/GBOX

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in GreenBox POS. GBOX | Leave a comment

MissionIRNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q1-2022 Results, to Host Video Webcast

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today announced its financial results for the quarter ended March 31, 2022. Among the highlights, the company reported a robust balance sheet with $136.6 million of working capital, including $105.8 million of cash and marketable securities, $29.7 million of inventory, and no short- or long-term debt. “Energy Fuels continues to benefit from increases in the prices for all of the critical elements and materials we produce,” said Mark S. Chalmers, Energy Fuels’ president and CEO. “Though volatile, uranium prices have continued to exhibit strength and resilience, which we expect to continue as Russia’s invasion in Ukraine continues. As a result of Russia’s aggression, we believe domestic and global nuclear utilities are reducing ties with the Russian state-owned nuclear company. We also believe U.S. uranium and nuclear fuel suppliers may be seeing increased interest from U.S. utilities as a result of the $6 billion civil nuclear credit program, which prioritizes reactors that purchase nuclear fuel and uranium from U.S. suppliers, which would include Energy Fuels.”

In addition, the company announced that it will host a video webcast at 4:00 p.m. ET ( 2:00 p.m. MT) on May 18, 2022, to discuss its Q1-2022 financial results, the outlook for 2022, uranium, rare earths, vanadium, and medical isotopes. Interested parties should visit https://ibn.fm/dX016 to join the webcast and access the presentation and viewer-controlled slides. To participate and ask questions, attendees should dial 1-888-664-6392 (toll free in the U.S. and Canada). A recorded version of the proceedings will be available on Energy Fuels’ website shortly after the webcast by calling 1-888-390-0541 (toll free in the U.S. and Canada) and entering code 271887#. The recording will be available until June 1, 2022.

To view the full press release, visit https://ibn.fm/jYTua

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up to full commercial-scale production of RE Carbonate. Its corporate offices are in Lakewood, Colorado, near Denver, and all its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch ISR Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, and has the ability to produce vanadium when market conditions warrant, as well as RE Carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is currently on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also currently on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to the above production facilities, Energy Fuels also has one of the largest S-K 1300 and NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol UUUU, and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol EFR. For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU  

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Energy Fuels Inc. UUUU | Leave a comment

Inflation Not Dampening Online Gaming as Golden Matrix Group Inc. (NASDAQ: GMGI) Accelerates Expansion

  • DraftKings sees no inflationary impact on player demand in first quarter report
  • While major B2C online gaming companies struggle with exorbitant costs, Golden Matrix’s B2C model has resulted in 14 consecutive profitable quarters
  • Golden Matrix acquired 80% of B2C prize competition company RKings Competitions Ltd, an immediately accretive move that facilitates expansion into new markets

While it would seem logical that periods of rising inflation would cause a slowdown within the gambling industry as consumers tighten their purse strings, history says otherwise. Growth remains mostly unabated because the benefits of wider legalization have outweighed economic impacts, particularly in recent years as more U.S. states join the legal and online gambling renaissance. That said, competition has increased, meaning operators have to be more mindful than ever before about controlling user acquisitions costs (“UAC”), which plays right into the hands of Golden Matrix Group (NASDAQ: GMGI), which has its roots in B2B (business-to-business) products as it matriculates into B2C (business-to-consumer) with a unique model.

DraftKings (NASDAQ: DKNG) is a prime representative of the B2C market today. In their recent report on the first quarter of 2022, the company conveyed that they weren’t seeing any impact from inflationary pressures on customer demand as it grew Q1 revenue 34% from the year prior quarter to $417 million. Operating expenses surge 46% y-o-y to $933 million, contributing to a net loss of $468 million for the quarter. DraftKings pegged its average revenue per monthly unique player (“MUP”) at $67, up 11% from Q1 2021.

Point being, it’s an expensive dogfight in the U.S. to win customers in states where gambling is legal and to expand into states where online betting is launching. The U.S. is a convenient example, but the trend is similar throughout the world.

Golden Matrix is not the company featured during halftime commercials, but they are the company that can make it possible for online operators to better afford paying for them. Not having a huge marketing burn is a big part of the reason that GMGI has reported 14 straight profitable quarters. 

The Las Vegas-based company is primarily active in the Asia Pacific region where it is a leading provider of turnkey and white label gaming platforms, Esports technology and gaming content. The company is highly differentiated from peers as it pioneers highly modular, configurable, and scalable gaming platforms (both mobile and desktop and agnostic to operating system) designed specifically to efficiently promote user acquisition, engagement, retention, and monetization.   

Leading gaming content providers such as Asia Gaming, GameArt, Microgaming, Playtech, and many more provide their state of the art and world dominant casino games to Golden Matrix’s GM-X System, which include a swath of products spanning slots, live games, sports, and table games. The GM-X and GMX-Ag platforms are the industries benchmark, providing access to over 10,000 games across more than 25 providers.

In April, Golden Matrix took its new B2B aggregate gaming system, GMX-Ag, live with eight established online casino operators in six countries. While strategic and timely to expand its B2B offerings in APAC, Golden Matrix CEO Brian Goodman sees the new GMX-Ag suite as opening new market opportunities outside of its traditional markets.

While it executes on expansion via organic growth, Golden Matrix is also looking to acquisitions to accelerate expansion. In December, the company completed buying 80% of B2C prize competition company RKings Competitions Ltd, with provisions to buy the remaining 20% in the future. RKings represents GMGI’s foray into the B2C competition space, a market that has been thriving for decades as a means for brands to get in front of consumers. 

RKings has a presence throughout the U.K. and Europe and Goodman expects the popularity to resonate in new markets. First up is Mexico where Golden Matrix now has a gaming permit pending. Other jurisdictions are expected to follow.

While most online gaming companies continue to struggle to contain costs, much less reach profitability, Golden Matrix continues to shine. Combining revenue streams post-acquisition helped bolster GMGI’s overall financial performance during the first fiscal quarter ended January 31, 2022. Revenue surged 355% y-o-y to $8.88 million. “Due to the platform’s scalability, coupled with low player acquisition and marketing costs, we expect RKings’ contributions to revenues and profits to grow significantly in the months and years ahead,” said Goodman.

For more information, visit the company’s website at www.GoldenMatrix.com

NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content

Posted in Golden Matrix Group Inc. GMGI | Leave a comment

Flora Growth Corp. (NASDAQ: FLGC) Bolsters its Board of Directors following Tim Leslie’s Addition and Luis Merchan’s Appointment as Chairman

  • Luis Merchan, Flora Growth’s CEO, will serve as the new Chairman of the Board
  • Tim Leslie, the Chairman of the company’s Advisory Board, will serve on its Board and audit committee
  • Flora Growth’s management is confident that these changes will position it as a U.S-based issuer while increasing its access to U.S-based investment

Since the beginning of 2022, Flora Growth (NASDAQ: FLGC) has been making strategic moves that strengthen its human resources and reinforce its executive team. 

The company kicked off the year with the appointment of Tim Leslie as the Chairman of its newly formed Advisory Board (https://ibn.fm/dL9mm). Later, Flora Growth appointed Derek Pedro, a world-renowned cannabis genetics and cultivation expert, as an advisor to its Cosechemos cultivation facility (https://ibn.fm/KVBfP).

Two more appointments were made after that, starting with Joël Reyes as Senior Vice President (“SVP”) of Global Operations and Jessie Casner as the company’s new Chief Marketing Officer (“CMO”) (https://ibn.fm/QonRU).

In a move that sought to take the company even further, on March 17, 2022, Flora Growth announced changes to its Board of Directors. Tim Leslie, the Chairman of the Advisory Board, was added to the Board of Directors (“the Board”) and audit committee. In addition, Luis Merchan, Flora Growth’s Chief Executive Officer (“CEO”), took over from Bernie Wilson as the Chairman of the Board. Mr. Wilson will remain in an advisory capacity for the remainder of the year and will be integral in providing strategic guidance on capital markets and international expansion (https://ibn.fm/h8rum).

“I am honored that our Board has entrusted me with this role, and I believe it is a testament to what we have built together thus far,” noted Luis Merchan.

“Our Board has been incredibly supportive to date while always ensuring business decisions are in the best interest of our shareholders- and I am looking forward to continuing to work closely with them in this role,” he added.

Luis Merchan has been instrumental in expanding Flora Growth’s reach within the United States and abroad. He has moved the company from the development stage to a full-scale international distributor with operations in over 12 countries worldwide. In addition, under his leadership, Flora Growth has completed several mergers and acquisitions (“M&As”), all of which have set the company up for rapid growth.

The company will continue to benefit from Mr. Leslie’s insights and guidance as it advances its rapid global expansion. He has vast experience in the industry, including two decades at Amazon, which will be instrumental for Flora Growth’s expansion going forward.

Flora Growth is confident that its Board’s changes will further position it as a U.S-based issuer. It is also optimistic that the move will increase its access to U.S-based investment. 

For more information, visit the company’s website at www.FloraGrowth.com.

NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at https://ibn.fm/FLGC

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content

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MissionIRNewsBreaks – Cepton Inc. (NASDAQ: CPTN) CEO to Present at TechCrunch’s Signature Annual Event

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance MMT(R) lidar solutions, today announced that its CEO Dr. Jun Pei will speak at TechCrunch’s signature annual event TC Sessions: Mobility 2022 in San Mateo, California, taking place on May 18-20, 2022. Cepton is scheduled to present at 11:45 a.m. PT on May 19. In the session titled “Breaking the luxury spell: A journey to commercializing safe autonomy for all,” Dr. Pei will address common misconceptions about liar technology and discuss how Cepton’s Micro Motion Technology (MMT(R)) enables scalable lidar solutions for everyday consumer vehicles. “The lidar industry is at an inflection point where we are truly confident in the pivotal role lidar plays in changing the future of mobility,” said Dr. Pei. “Last year, General Motors introduced Ultra Cruise as a solution that ultimately enables ‘door-to-door hands-free driving.’ This aligns with our vision to bring safe, autonomous transportation to everyone. While lidar is a key enabler of autonomous driving, we also believe that safety should be the standard for all levels of autonomy, and lidar is essential to the enhancement of automotive safety. With that, we are dedicated to commercializing lidar for everyday passenger cars. I look forward to sharing Cepton’s journey to the industry’s largest ADAS lidar series production award, and to discuss the work that has been done at Cepton to make safe autonomy accessible to all.”

To view the full press release, visit https://ibn.fm/0dSpS

About Cepton Inc.

Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (“ADAS/AV”), smart cities, smart spaces and smart industrial applications. With its patented Micro Motion Technology (“MMT(R)”), Cepton aims to take lidar mainstream and achieve a balanced approach to performance, cost and reliability, while enabling scalable and intelligent 3D perception solutions across industries. Cepton has been awarded the largest known ADAS lidar series production award in the industry to date, based on the number of vehicle models awarded, to support General Motors’ Ultra Cruise program. Cepton is also engaged with all other Top 10 global OEMs. Founded in 2016 and led by industry veterans with decades of collective experience across a wide range of advanced lidar and imaging technologies, Cepton is focused on the mass market commercialization of high performance, high quality lidar solutions. Cepton is headquartered in San Jose, California, and has a center of excellence facility in Troy, Michigan, to provide local support to the OEM and Tier 1-studded Metro Detroit area. Cepton also has a presence in Germany, Canada, Japan, India and China to serve a fast-growing global customer base. For more information, visit the company’s website at www.Cepton.com.

NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

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