Month: December 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...

TORONTO, Dec. 30, 2019 (GLOBE NEWSWIRE) — Nutritional High International Inc. (“Nutritional High” or the “Company“) (CSE: EAT, OTCQB: SPLIF) announces that the proposed amendments to the terms of the unsecured convertible debentures have been approved in accordance with the Management Information Circular dated December 3, 2019 at the meeting of the debenture holders held today.The unsecured debentures have been amended as follows:a reduction in the Conversion Price from $0.60 to $0.15 until maturity of the Debentures; andthe Company is authorized to pay the interest due on the Debentures in cash at the existing rate of 10% per annum, or through the issuance of its Common Shares at a rate of 14% per annum, at the sole discretion of the Company.  Such issuance of Common Shares will be set at a price which...

ALMONTE, Ontario, Dec. 30, 2019 (GLOBE NEWSWIRE) — 3 Sixty Risk Solutions Ltd. (“3 Sixty” or the “Company”) (CSE: SAFE) (OTCQB: SAYFF) (FSE: 62P2), which operates through its wholly-owned subsidiary, 3 Sixty Secure Corp., announced that the Company has accepted the resignation of Rick Gabrielson as director of the Company.Mr. Gabrielson, who has extensive supply chain experience in U.S. logistics, resigned as he felt he could no longer be an active value add member to the board due to the Company’s strategy to focus primarily on Canada and organic growth in the United States in 2020. The Company thanks Mr. Gabrielson for his service to the Board and wishes him well in his future endeavours.The Company’s Board remains constituted of a majority of independent directors, and its Compensation and...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATESTORONTO, Dec. 30, 2019 (GLOBE NEWSWIRE) — Sulliden Mining Capital Inc. (TSX: SMC) (“Sulliden” or the “Company”) is pleased to announce that it has closed its non-brokered private placement financing of common shares for gross proceeds of $1 million (the “Offering”). For more information on the Offering, please see the Company’s press release dated November 20, 2019, which is available under the Company’s profile on SEDAR at www.sedar.com.Pursuant to the Offering, Sulliden issued 9,090,909 common shares of the Company issued on a “flow-through basis” (each, a “Flow-Through Share”) at a price of $0.055 per Flow-Through Share and 10,000,000 non-flow-through common...

VANCOUVER, British Columbia, Dec. 30, 2019 (GLOBE NEWSWIRE) — Nabis Holdings Inc. (CSE:NAB) (OTC: NABIF) (FRA: A2PL) (“NabisTM” or the “Company”), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, reported its financial results for the three and twelve-month periods ended October 31, 2019. All financial information is provided in Canadian dollars unless otherwise indicated.“We continue to make progress on our strategic plan by diligently working on building out our investments in both Arizona and Michigan.  Although we are only reporting 21 days of operations from our dispensary in AZ this quarter, we are beginning to see improvements in operational efficiencies and profitability now that the dispensary is under Nabis management,”...

RIMOUSKI, Quebec, Dec. 30, 2019 (GLOBE NEWSWIRE) — Puma Exploration Inc. (the “Company” or “Puma”) is pleased to announce the closing of a third tranche of the current private placement. In this final tranche, the Company raised a total of $39,240 for the issuance of 218,000 flow through units (“FT Units”) at the price of $0.18 per FT Unit. Each flow-through unit comprises one flow-through common share and one-half of one common share purchase warrant. Each full warrant gives its holder the right to purchase one common share at a price of $0.35 per share until Dec. 30, 2021. A total of $483,300 was raised by the Company in different tranche closings. Insiders of the company participated in the placement for aggregate gross proceeds of $21,240. These insiders purchased units under the same terms...

TORONTO, Dec. 30, 2019 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited  (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final December 2019 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on December 31, 2019 will receive cash distributions payable on January 6, 2020.Details regarding the final “per unit” distribution amounts are as follows:Further information on the iShares ETFs can be found at http://www.blackrock.com/ca.