Marathon

Marathon Digital Holdings Schedules Conference Call for Third Quarter 2023 Financial Results

Retrieved on: 
Wednesday, October 25, 2023
Bitcoin, Q&A, Risk, Financial result, Conference, Bank statement, Marathon Digital, Webcast, Annual report, Marathon, Cryptocurrency

Fort Lauderdale, FL, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Wednesday, November 8, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023. Financial results will be published in a press release prior to the call and available on the investor relations section of the Company’s website.

Key Points: 
  • ET
    Fort Lauderdale, FL, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, will hold a webcast and conference call on Wednesday, November 8, 2023 at 4:30 p.m. Eastern time to discuss its financial results for the third quarter ended September 30, 2023.
  • Financial results will be published in a press release prior to the call and available on the investor relations section of the Company’s website .
  • To register to participate in the conference call or to listen to the live audio webcast, please use this link .
  • If any of these risks were to occur, our business, financial condition or results of operations would likely suffer.

Marathon Gold Provides Third Quarter 2023 Construction Report

Retrieved on: 
Monday, October 23, 2023
Decision, ROM, Project, Rehabilitation, Environment, SAG, MSE, Mining, Electricity, Marathon, Bed, Gold, TMF, News, Carbon, Grand Falls-Windsor, Impact Assessment Agency of Canada, Employment, Mechanical, IAAC, Newfoundland and Labrador Route 480, KV, Badger, Construction, Person, Impact Assessment Act and Canadian Energy Regulator Act, EA, Climate change, Season, TSX, Chachuna Managed Reserve, Female, MOZ, Structure, Leprechaun, Biophysical environment, National instrument, Senior, Newfoundland and Labrador Hydro, NL, Oil, CIL, Building material, Rare-earth element, Risk management, Dam, Renewable energy, Road, Geology, Engineering

TORONTO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to provide an update on progress at its 100% owned Valentine Gold Project located in central Newfoundland (the “Project”) for the quarter ended September 30, 2023.

Key Points: 
  • TORONTO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to provide an update on progress at its 100% owned Valentine Gold Project located in central Newfoundland (the “Project”) for the quarter ended September 30, 2023.
  • Matt Manson, President and CEO, commented: “The summer construction season has seen rapid progress at the Valentine Gold Project.
  • During the third quarter, overburden removal and mining was transferred to the Marathon Pit due to its close proximity to the TMF.
  • The Project remains on schedule to achieve mill commissioning in the fourth quarter of 2024 and first gold in the first quarter of 2025.

Marathon Digital Holdings Adds New, Enterprise-Grade Bitcoin Custodian to Begin Diversifying Its Bitcoin Custody

Retrieved on: 
Wednesday, October 18, 2023
Bitcoin, Bank statement, Risk, Treasury, Marathon Digital, Annual report, Marathon, Cryptocurrency

As Marathon continues to increase its hash rate, it has grown its bitcoin holdings to 13,726 as of September 30, 2023.

Key Points: 
  • As Marathon continues to increase its hash rate, it has grown its bitcoin holdings to 13,726 as of September 30, 2023.
  • In September 2023, the Company produced 1,242 bitcoin, representing 4.3% of the available rewards for all Bitcoin miners during the month.
  • As part of its broader treasury management strategy, the Company has added a new, enterprise-grade custodian as its second custodian.
  • Marathon may continue to diversify its bitcoin custody across additional custodians in the future.

Sound Partners' Marathon HVAC Services Acquires Design Air

Retrieved on: 
Tuesday, October 24, 2023
HVAC, Construction & Property, Building Systems, Manufacturing, Acquisition, Sound, Design, Growth, Partnership, Atmosphere of Earth, Culture, Marathon, Heating, ventilation, and air conditioning, Inland Empire

Marathon HVAC Services, a leading provider of residential HVAC services in Southern California and portfolio company of Sound Partners, is pleased to announce the acquisition of Design Air.

Key Points: 
  • Marathon HVAC Services, a leading provider of residential HVAC services in Southern California and portfolio company of Sound Partners, is pleased to announce the acquisition of Design Air.
  • Design Air is a family business established in 2001 serving the Inland Empire with exceptional HVAC, plumbing, and electrical services.
  • They bring decades of experience operating a family-owned HVAC and plumbing services business that embodies the culture that we built at Marathon.
  • Marathon HVAC Services continues to see exceptional growth and is actively adding skilled HVAC technicians to service its over 25,000 customers throughout the greater Los Angeles, North Orange County, and Inland Empire geographies.

ivWatch Announces Federal Distribution Agreement with Marathon Medical Corp.

Retrieved on: 
Tuesday, October 24, 2023
Hardship, Small business, SDVOSB, FSS, Indian Health Service, NEWS, Veteran, GSA, Research, Partnership, Health care, Workflow, Federal, Scar, Safety, Navy, NASA, Amputation, Pain, Patient, Marathon, Medtronic, Empathy, Native, PDI, Nerve, Medical device, Nursing, Hospital

NEWPORT NEWS, Va., Oct. 24, 2023 /PRNewswire/ -- ivWatch, LLC, the IV safety company, today announced it has entered into a distribution agreement with Marathon Medical Corp., a medical supply distribution company and service-disabled veteran-owned small business (SDVOSB) focused on providing a range of medical products to Federal healthcare agencies. ivWatch's patient monitoring technology helps protect patients from unpredictable IV complications with early IV infiltration and extravasation detection.

Key Points: 
  • Partnership expands access to ivWatch products at VA hospitals, Indian Health Service hospitals and other Federal agencies
    NEWPORT NEWS, Va., Oct. 24, 2023 /PRNewswire/ -- ivWatch, LLC , the IV safety company, today announced it has entered into a distribution agreement with Marathon Medical Corp. , a medical supply distribution company and service-disabled veteran-owned small business (SDVOSB) focused on providing a range of medical products to Federal healthcare agencies.
  • Under the terms of the multi-year agreement, Marathon Medical will distribute the ivWatch patient monitoring system in the United States to VA hospitals and clinics, Indian Health Service hospitals and clinics, and other Federal agencies.
  • In conjunction with the partnership, ivWatch products will be added to Marathon's FSS/GSA contracts, significantly increasing visibility, and providing direct access to ivWatch technology for advancing IV therapy.
  • Marathon Medical was founded in 2002 by Vietnam-era veteran John St. Leger and is committed to the patient first and foremost.

Theratechnologies Announces Finalization of Amendments to Some of the Terms and Conditions of its Credit Agreement with Marathon

Retrieved on: 
Monday, October 16, 2023
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MONTREAL, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that it has finalized all documentation giving effect to the amendments to certain of the terms and conditions of its credit agreement dated July 20, 2022, as amended from time to time (the “Credit Agreement”), with certain funds and accounts for which Marathon Asset Management, L.P. acts as investment manager (collectively, “Marathon”).

Key Points: 
  • - Revised the Minimum Liquidity Covenant for All Times Following October 31, 2023 to be Between US$15 Million and US$20 Million
    This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated December 16, 2021 to its short form base shelf prospectus dated December 14, 2021.
  • MONTREAL, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that it has finalized all documentation giving effect to the amendments to certain of the terms and conditions of its credit agreement dated July 20, 2022, as amended from time to time (the “Credit Agreement”), with certain funds and accounts for which Marathon Asset Management, L.P. acts as investment manager (collectively, “Marathon”).
  • Following the share consolidation completed on July 31, 2023, the exercise of four Warrants and the payment of US$2.30 are required to subscribe to one common share of Theratechnologies, for up to a maximum issuance of 1,250,000 common shares.
  • The Warrants can be exercised until February 27, 2030.

Marathon Digital Holdings Announces Bitcoin Production and Mining Operation Updates for September 2023

Retrieved on: 
Wednesday, October 4, 2023
Bitcoin, LTIP, Marathon Digital, Growth, Marathon, Cryptocurrency

Fort Lauderdale, FL, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for September 2023.

Key Points: 
  • - Combined Unrestricted Cash and Bitcoin Was $471 Million as of September 30, 2023
    Fort Lauderdale, FL, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Marathon Digital Holdings, Inc. (NASDAQ: MARA ) ("Marathon" or "Company"), a leader in supporting and securing the Bitcoin ecosystem, today published unaudited bitcoin (“BTC”) production and miner installation updates for September 2023.
  • “The increase in bitcoin production from August was due to improved uptime and decreased curtailment activity in Texas.
  • In September, our share of the bitcoin network’s available miner rewards was a record 4.3%, up from 3.7% last month and the previous record of 4.1% in July 2023.
  • This accretive transaction creates shareholder value and positions Marathon to capitalize on any near-term turbulence in the Bitcoin mining sector.

Lazurite® Adds Benchmark Medical as New Distributor of the ArthroFree® System

Retrieved on: 
Thursday, September 28, 2023
Medical Devices, Health, Technology, Surgery, Health Technology, Audio, Video, Benchmark, Pressure, NFL, Surgeon, Marathon, Elective surgery, Multimedia, Veteran, Hospital, Sport, Abdominal ultrasonography, Mid-Atlantic (United States), Medical device, Dentistry, Lazurite

Medical device and technology company Lazurite® today announced that it has added Benchmark Medical as a distributor for its ArthroFree® Wireless Camera System.

Key Points: 
  • Medical device and technology company Lazurite® today announced that it has added Benchmark Medical as a distributor for its ArthroFree® Wireless Camera System.
  • View the full release here: https://www.businesswire.com/news/home/20230927480466/en/
    Benchmark Medical President Matt Elliott (Photo: Business Wire)
    The ArthroFree system is designed to help surgeons stay focused under pressure when it is most critical.
  • “We are excited about joining Lazurite as their distributor in Ohio,“ Benchmark Medical President Matt Elliott said.
  • “Lazurite is pleased to have Benchmark Medical on board as a distributor of the ArthroFree system, supplementing our in-house sales team,” said Lazurite President Leah Brownlee.

Theratechnologies Reports Financial Results for the Third Quarter and Nine Months of Fiscal 2023 and Provides Business Updates

Retrieved on: 
Tuesday, September 26, 2023
Term Asset-Backed Securities Loan Facility, Exercise, Uncertainty, Interim, International, Marathon, Classification, Bank statement, Samsung Galaxy Note 7, Credit agreements in South Africa, Policy, Conversation, Financial statement, EDGAR, Element, Government, EBITDA, Corporation, Loan, Patient, Investment, MD, International Financial Reporting Standards, Marathon Asset Management, Consolidation, Condition subsequent, TSX, Growth, Depreciation, R, Adjustment, FDA, Letter, Ovarian cancer, Annual report, Pharmaceutical industry, Security (finance), Fine chemical, Cryptocurrency, Video game, Bank, Bookkeeping, Risk management

The MD&A and the unaudited consolidated financial statements can be found at www.sedarplus.ca , on EDGAR at www.sec.gov and at www.theratech.com .

Key Points: 
  • The MD&A and the unaudited consolidated financial statements can be found at www.sedarplus.ca , on EDGAR at www.sec.gov and at www.theratech.com .
  • Trogarzo® net sales in the third quarter of fiscal 2023 amounted to $7,672,000 compared to $7,935,000 for the same quarter of 2022, representing a decrease of 3.3% year-over-year.
  • As the other asset was fully amortized during fiscal 2022, amortization of the other asset in fiscal 2023 is nil.
  • There were no other significant financing activities or investing activities in the three and nine months ended August 31, 2023, and 2022.

Theratechnologies Announces Agreement in Principle with Marathon to Amend Some of the Terms and Conditions of its Loan Facility

Retrieved on: 
Monday, September 25, 2023
Exercise, Marathon, Toronto Stock Exchange, EBITDA, Term Asset-Backed Securities Loan Facility, Marathon Asset Management, Warrant, TSX, Loan, FDA, Annual report, News, Maxima and minima, Pharmaceutical industry, Security (finance)

MONTREAL, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that it has reached an agreement in principle to amend some of the terms and conditions of its credit agreement dated July 20, 2022, as amended from time to time (the “Loan Facility”), with certain funds and accounts for which Marathon Asset Management, L.P. acts as investment manager (collectively, “Marathon”).

Key Points: 
  • MONTREAL, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a biopharmaceutical company focused on the development and commercialization of innovative therapies, today announced that it has reached an agreement in principle to amend some of the terms and conditions of its credit agreement dated July 20, 2022, as amended from time to time (the “Loan Facility”), with certain funds and accounts for which Marathon Asset Management, L.P. acts as investment manager (collectively, “Marathon”).
  • Following the share consolidation completed on July 31, 2023, the exercise of four Warrants is required to purchase 1 common share of Theratechnologies, resulting in a maximum issuance of 1,250,000 common shares.
  • The Warrants can be exercised until February 27, 2030.
  • The amendments to the Loan Facility are expected to be executed on or about October 10, 2023.