Mene

TORONTO--(BUSINESS WIRE)--Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, today announced that Sean Ty has been appointed Chief Financial Officer of the Company in place of Gavin Johnson, effective immediately, following Mr. Johnson's resignation as CFO for personal reasons. Mr. Ty began his career at Ernst and Young within the commercial real estate, technology, and financial services audit team. Mr. Ty subsequently managed the financial reporting.» Mehr auf businesswire.com

TORONTO, May 29, 2024 (GLOBE NEWSWIRE) -- Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, announces that it has granted to directors an aggregate of 500,000 incentive stock options (the “Stock Options”) to purchase subordinate voting shares of the Company (the “Class B Shares”) under the Company's incentive stock option plan (the “Plan”). Each Stock Option is exercisable into a Class B Share at a price of $0.20 for a period of five years from the date of grant. The Stock Options will vest as to one-third upon each of the first, second and third anniversaries of the initial grant and be subject to the terms and conditions of the Plan and the policies of the TSX Venture Exchange.» Mehr auf globenewswire.com

TORONTO--(BUSINESS WIRE)--Menē Inc. (TSX-V:MENE) (US:MENEF) (“Menē” or the “Company”), an online 24 karat jewelry brand, today announced financial results for the first quarter ended March 31, 2024. All amounts expressed herein reflect Canadian dollars unless otherwise noted. FINANCIAL HIGHLIGHTS IFRS Revenue of $4.8 million, a decrease of $2.3 million (32%) Year-over-Year (“YoY”). Gross Profit of $1.1 million, with a consistent gross profit margin of 24% YoY. Total comprehensive loss of $0.7 m.» Mehr auf businesswire.com