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Day: November 28, 2019

Arrow Exploration Corp. Announces Third Quarter 2019 Financial and Operating Results and Initiation of Strategic Alternatives Process

CALGARY, Alberta, Nov. 28, 2019 (GLOBE NEWSWIRE) — ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) is pleased to announce the filing of its 2019 third quarter unaudited Financial Statements and MD&A and the initiation of a strategic alternatives process.Third Quarter Financial and Operating ResultsThe Company’s Financial Statements and MD&A are available on SEDAR (www.sedar.com). All numbers are expressed in US dollars unless otherwise noted.(1) Non-IFRS Measures – see “Non-IFRS Measures” below(2) Includes $5 million Canacol promissory note(3) Long-term restricted cash not included in working capitalThird Quarter 2019 Highlights and Subsequent EventsFor the three months ended September 30, 2019, Arrow recorded $6,320,471 in revenues (net of royalties) on crude oil sales of 151,313 barrels, 528 barrels of...

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Marksmen Announces Consolidated Financial Results for the Three and Nine Months ended September 30, 2019

CALGARY, Alberta, Nov. 28, 2019 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSXV: MAH) (OTCQB: MKSEF) and its wholly owned subsidiary Marksmen Energy USA, Inc. announces financial results for the interim period ended September 30, 2019.  The following documents have been filed on SEDAR:Financial StatementsManagement’s Discussion and Analysis (“MD&A”)Form 52-109FV2 Certificate of Interim Filings – CEOForm 52-109FV2 Certificate of Interim Filings – CFOThese filings may be viewed on the SEDAR website at www.sedar.com.Also, as included in the subsequent event section in the financial statements and MD&A, Marksmen discloses that, as a working interest partner, the Company has an on-going business dispute with the Operator of a well in Ohio.  The Company has held back paying certain amounts owing contingent...

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Maplewood International REIT Announces Special Cash Distribution for 2019 Fiscal Year

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMISSISSAUGA, Ontario, Nov. 28, 2019 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that as a result of the REIT’s strong financial performance for the 2019 fiscal year combined with the REIT’s strong working capital position, the Board of Trustees has declared a special cash distribution of $0.03 per unit, which will be paid on January 15, 2020 to unitholders of record on December 31, 2019.About Maplewood International REITMaplewood International REIT is a Canadian based growth-oriented international real estate investment trust, established to invest in high-quality income producing commercial real estate outside of Canada. The REIT’s geographic focus is on the investment...

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Kuuhubb Reports Fiscal Q1 2020 Financial Results

TORONTO, Nov. 28, 2019 (GLOBE NEWSWIRE) — Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX- V: KUU), a mobile game development and publishing company targeting the female audience with bespoke mobile experiences, has reported its unaudited financial results for the three-month period ended September 30, 2019. The Company’s unaudited consolidated financial statements as at, and for, the three months ended September 30, 2019 and related management’s discussion and analysis can be found on the Company’s SEDAR profile at www.sedar.com. The Company’s financial year end is June 30. Highlights for the Fiscal First Quarter Ended September 30, 2019:Revenue for the three months ended September 30, 2019 was US$2.29 million (unaudited). This revenue was generated from sales of the Recolor app, the in-app sale of virtual goods from the My...

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Vibe Reports Expansion of its Cultivation Operations and the Third Quarter 2019 Financial and Operational Results

CALGARY, Alberta, Nov. 28, 2019 (GLOBE NEWSWIRE) — Vibe Bioscience Ltd. (CSE: VIBE) (the “Company” or “Vibe”), a vertically integrated cannabis retailer and cultivator, is pleased to announce the completion of Phase 1 of its cultivation expansion, and its financial and operating results for the three and nine months ended September 30, 2019. All financial information is provided in U.S. dollars (“USD”) unless otherwise indicated. The Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three and nine months ended September 30, 2019 are available on the Company’s SEDAR profile at www.sedar.com and on Vibe’s website at www.vibebycalifornia.com.Completion of Phase 1 Cultivation Expansion at Sacramento, California CampusVibe is pleased to announce the completion of the first phase of its build-out of the...

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Maplewood International REIT Announces Filing of Results for the Third Quarter of 2019

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMISSISSAUGA, Ontario, Nov. 28, 2019 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that its unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the three months ended September 30, 2019 have been filed on SEDAR and can be viewed at www.sedar.com under the REIT’s profile.About Maplewood International REITMaplewood International REIT is a Canadian based growth-oriented international real estate investment trust, established to invest in high-quality income producing commercial real estate outside of Canada. The REIT’s geographic focus is on the investment grade countries of Europe, with an initial target market of...

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Discovery Metals Reports Q3 2019 Financial and Operating Results

TORONTO, Nov. 28, 2019 (GLOBE NEWSWIRE) — Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (“Discovery” or the “Company”) is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019. All amounts are presented in Canadian dollars (“CAD”) unless otherwise stated.Discovery is focused on advancing a portfolio of silver projects in historic mining districts in northern Mexico, including the Cordero project in Chihuahua state, and the Puerto Rico, Minerva and Monclova projects in Coahuila state.Q3 2019 OPERATING HIGHLIGHTS: Announced an arrangement agreement (“the Transaction”) with Levon Resources Ltd. (“Levon”) on May 30, 2019 and completed the Transaction on August 2, 2019, acquiring all of the issued and outstanding common shares of Levon. Levon’s flagship asset was the Cordero...

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CBi2 Capital Reports Quarter-Ended September 30, 2019 Financial Results, Provides Update on Investment in Intev Technologies, LLC and Announces Adoption of Stock Option Plan and Grant of Options

CALGARY, Nov. 28, 2019 (GLOBE NEWSWIRE) — (TSXV/CSE:TCI) Target Capital Inc. d.b.a. CBi2 Capital (“CBi2” or the “Company”) is pleased to provide a summary of its financial results for the financial quarter ended September 30, 2019.Selected financial information is outlined below and should be read in conjunction with the Company’s audited consolidated financial statements and management’s discussion and analysis for the financial quarter ended September 30, 2019, which are available on SEDAR at www.sedar.com and the Company’s website at www.cbi2.com.Financial HighlightsThe following table summarizes key financial highlights associated with the Company’s financial performance.Update on Investment in Intev Technologies, LLC.Intev Technologies LLC is advancing the commercialization of their debut consumer product, the Zepto product...

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Scorpio Gold Reports Financial Results for Third Quarter of 2019

VANCOUVER, British Columbia, Nov. 28, 2019 (GLOBE NEWSWIRE) — Scorpio Gold Corporation (“Scorpio Gold” or the “Company”) (TSX-V: SGN) announces its financial results for the nine months ended September 30, 2019. The Company is focusing its efforts on financing the proposed new processing facility at the Mineral Ridge project. This new facility will allow the Company to capture the value in the gold reserves contained in the heap leach pad and unmined portions of the mine. The Company sees potential to increase those resources by further exploration within and outside the area of operations. The Scorpio Gold operating team at Mineral Ridge has proved its excellence over the past eight years and once financed, will build and operate the new processing facility with an expected mine life of at least seven years.Management expects to...

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Mobi724 Global Solutions (TSX-V: MOS) Announces Q3 2019 Financial Highlights

MONTREAL, Nov. 28, 2019 (GLOBE NEWSWIRE) — Mobi724 Global Solutions Inc. (“Mobi724” or the “Company”) (TSX-V: MOS), a fintech company that offers a suite of integrated technology-agnostic, BI & AI powered card-linked offers & reward solutions announces its Q3 2019 financial results (“Results”).Effective September 30, 2019, in order to be consistent with the focus of its business, MOBI724’s reporting was structured to consist of a single reporting and operating segment, namely, Smart Transactions Processing. Previously, the divisional structure and the Company’s three reportable and operating segments were Card-Linked Offers & Rewards (“CLO&R”), Digital Marketing & Business Intelligence (“DMBI”), and EMV Payments (“Payments”). The single segment reporting is aligned with the organizational structure and strategic...

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