Day: December 31, 2019

VANCOUVER, British Columbia, Dec. 30, 2019 (GLOBE NEWSWIRE) — Glacier Media Inc. (“Glacier” or the “Company”) announces that Tim McElvaine has resigned from the Board of Directors effective today. Mr. McElvaine manages The McElvaine Investment Trust (the “Trust”), which owns 4 million common shares of the Company.  The Trust has recently commenced issuing units publicly under prospectus.  As part of this process Mr. McElvaine was required to step down as a director of Glacier by December 31, 2019. Shares in Glacier are traded on the Toronto Stock Exchange under the symbol GVC. For further information please contact Mr. Orest Smysnuik, Chief Financial Officer, at 604-708-3264. ABOUT THE COMPANYGlacier Media Inc. is an information & marketing solutions company pursuing...

HOUSTON, Dec. 30, 2019 (GLOBE NEWSWIRE) — Key Energy Services, Inc. (“Key” or the “Company”) (OTC: KEGX) announced today that President and Chief Executive Officer Rob Saltiel has resigned from the Company including his position on the Key Board of Directors effective December 30, 2019 to pursue other opportunities.Chairman of the Board Phil Norment commented, “We extend our gratitude to Rob for his leadership of the Company during these challenging times.  Rob played a key role in the Company’s recent cost reduction initiatives, exiting certain operations and areas in order to focus on key markets, as well as reducing overhead costs. These initiatives will assist the Company in the restructuring of its balance sheet and help position it for future success. We wish Rob all the best in his...

HALIFAX, Nova Scotia, Dec. 30, 2019 (GLOBE NEWSWIRE) — MedMira Inc. (MedMira) (TSXV: MIR), reported today on its financial results for the quarter ended October 31, 2019. Profit and Loss HighlightsRevenue: The Company recorded revenues in Q1 FY2020 of $89,132 compared to $155,065 in Q1 FY2019. The decrease of these revenues was due to the re-focusing strategy of the management on high profit margin markets. As outlined in the next highlight this strategy has provided the Company a higher contribution margin and also had an indirect effect on lowering its expenses.Gross Profit: The Company recorded a gross profit in Q1 FY2020 of $71,688 compared to $114,982 for the same period last year. The overall gross margin percentage on sales increased by 6% from 74% in Q1 FY2019 to 80% in this financial quarter.Operating expenses: The...

SAN ANTONIO, Dec. 30, 2019 (GLOBE NEWSWIRE) — CloudCommerce, Inc. (OTC: CLWD), a leading provider of digital advertising solutions, today announced that effective December 27, 2019, the Securities and Exchange Commission (“SEC”) declared its Form 1-A offering statement qualified.The Company may now proceed with its plan to publicly offer up to $20,000,000 of preferred stock (the “Preferred Stock”) at a price of $25.00 per share, to qualified investors in a Reg A+ public offering.The Preferred Stock will pay an annual dividend of 10%, with payments made monthly. The Company will seek to have a market maker file an application with FINRA to be able to quote the Preferred Stock on the OTC market.Please see the Company’s qualified offering circular at:https://www.sec.gov/Archives/edgar/data/743758/000121390019027142/f253g2122619_cloudcommerce.htmAbout...