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Year: 2019

Siyata Mobile Announces Brokered Private Placement of up to CDN$10 Million in Unsecured Convertible Debentures

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMONTRÉAL, Dec. 04, 2019 (GLOBE NEWSWIRE) — Siyata Mobile Inc. (the “Company” or “Siyata“) (TSX-V:SIM) (OTCQX:SYATF) is pleased to announce it has entered into an engagement letter with PI Financial Corp. to act as sole bookrunner and co-lead agent together with Canaccord Genuity Corp. (collectively, the “Co-Lead Agents”), and with Paradigm Capital Inc. and Beacon Securities Limited (together with the Co-Lead Agents, the “Agents”) in connection with a brokered private placement financing (the “Offering”) to raise up to CDN$10,000,000.00 through the issuance of unsecured convertible debentures (the “Convertible Debentures”). The size of the Offering may be increased up to 15% at the option of the Agents.The Company...

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Allied Announces December 2019 Distribution and Distribution Increase for 2020

TORONTO, Dec. 04, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:”AP.UN”) announced today that its Trustees have (i) declared a distribution of $0.133 per unit for the month of December, 2019, payable on January 15, 2020, to unitholders of record on December 31, 2019, and (ii) approved an increase in monthly cash distributions for 2020 to $0.1375 per unit ($1.65 per unit annualized, up 3% from $1.60 per unit annualized in 2019).“Management and the Trustees support the two-fold objective of raising distributions on an annual basis while simultaneously reducing pay-out ratios,” said Michael Emory, President and CEO. “We’re confident of our ability to reduce our FFO and AFFO pay-out ratios in 2020 despite this distribution increase.”This press release may contain forward-looking statements with respect to Allied, its operations,...

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DCP Midstream to Participate in the 2019 Wells Fargo Midstream and Utility Symposium

DENVER, Dec. 04, 2019 (GLOBE NEWSWIRE) — DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president and chief executive officer, and Sean O’Brien, group vice president and chief financial officer, will conduct a series of one-on-one and group meetings with investment community representatives at the 2019 Wells Fargo Midstream and Utility Symposium in New York on December 11, 2019. The materials used at this conference will be posted on the Investors section of DCP Midstream’s website at www.dcpmidstream.com on December 10, 2019.ABOUT DCP MIDSTREAM, LPDCP Midstream, LP (NYSE: DCP) is a Fortune 500 midstream master limited partnership headquartered in Denver, Colorado, with a diversified portfolio of gathering, processing, logistics and marketing assets. DCP is one of the largest natural gas liquids producers...

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ZoomerMedia Limited Announces Results for the Year Ended August 31, 2019

TORONTO, Dec. 04, 2019 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in serving the interests of the 45+ “Zoomer” market in Canada, today announced its financial results for the fiscal year ended August 31, 2019.Consolidated ResultsFor the year ended August 31, 2019, the Company had revenues of $52.7 million, operating expenses of $47.9 million and EBITDA of $4.8 million. Net income for the year ended August 31, 2019 was $1.6 million. For the comparative year ended August 31, 2018, the Company had revenues of $52.2 million, operating expenses of $49.5 million and EBITDA of $2.7 million. Net income for the year ended August 31, 2018 was $111 thousand.EBITDA is a non-IFRS earnings measure which does not have any standardized meaning prescribed by IFRS and therefore may not be comparable to EBITDA presented...

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Major Drilling Announces Second Quarter Results – Earnings Up 120%

MONCTON, New Brunswick, Dec. 04, 2019 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (TSX: MDI) today reported results for its second quarter of fiscal year 2020, ended October 31, 2019.Quarterly revenue was $121.2 million, up 15% from the same quarter last year.Gross margin percentage for the quarter was 28.1%, compared to 27.4% for the corresponding period last year.EBITDA was up more than 30% to $20.5 million for the quarter as compared to the same period last year (the impact of IFRS 16 Leases (“IFRS 16”) was minimal at $0.5 million).Net earnings were $7.3 million or $0.09 per share for the quarter, compared to $3.3 million or $0.04 per share for the prior year quarter.Net cash is up $12.8 million during the quarter to $22.5 million.“Demand for our services continued to grow in all of our regions this quarter, driven...

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Whitestone Hosts its 6th Annual Christmas Tree Lighting and Hot Cocoa Stroll Event at Market Street at DC Ranch

HOUSTON, Dec. 04, 2019 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) kicks off the holiday season on Thursday, December 5th with the 6th Annual Christmas Tree Lighting and Hot Cocoa Stroll Event from 5:30pm to 8:00pm at its Market Street at DC Ranch property in Scottsdale, Arizona.The Annual Tree Lighting Ceremony at the DC Ranch property has grown enormously since its beginning in 2014 and is now the formal holiday season kick-off celebration for the DC Ranch community. The event begins with the Hot Cocoa Stroll and will feature special performances through the night by Copper Ridge Middle School Orchestra, Blazer Band and Chorus, Desert Bells International, Dickens Carolers, and our popular dance troupe from the DC Dance AZ Studio.The opening parade starts promptly at 5:30pm, led by Ralphie the...

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Micron Publishes Fiscal 2019 Diversity, Equality and Inclusion Report

BOISE, Idaho, Dec. 04, 2019 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), today announced the publication of its second annual diversity, equality and inclusion report. The report is part of the company’s continued efforts to build a diverse workforce and inclusive culture. It demonstrates Micron’s progress in several key areas, including women’s representation, pay equity and growth of employee resource groups (ERGs).“Micron is pleased to announce the publication of our Diversity, Equality and Inclusion FY19 Annual Report, demonstrating our commitment to creating an environment where all team members can bring their authentic selves to work and contribute ideas that drive business success,” said Micron Vice President of Diversity, Equality and Inclusion Sharawn Connors. “Micron believes that collaboration across our...

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Norwegian Cruise Line Holdings Ltd. Celebrates the 96th Annual New York Stock Exchange Tree Lighting With Virtual Reality Showcase and Cruise Giveaways

Virtual Reality Experience to Showcase Silver Cove, the New Expansion of Company’s Private Island in the Bahamas, Great Stirrup CayCompany to Offer Event Attendees a Chance to Win a Cruise on its Newest, Most Innovative Ship, Norwegian EncoreMIAMI, Dec. 04, 2019 (GLOBE NEWSWIRE) — Norwegian Cruise Line Holdings Ltd. (“Norwegian”) (NYSE: NCLH), a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands, today announced its participation in the 96th Annual New York Stock Exchange Tree Lighting event on December 5th. During the event the Company will feature a virtual reality experience that will transport attendees from the cold winter weather in New York City to the tropical white sandy beaches of Norwegian’s luxurious private island in the Bahamas, Great Stirrup...

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Midas Gold’s Stibnite Gold Project Continues to Advance

VANCOUVER, British Columbia, Dec. 04, 2019 (GLOBE NEWSWIRE) — Midas Gold Corp. (MAX:TSX / MDRPF:OTCQX) reported today that the U.S. Forest Service (“USFS”) has indicated that the Draft Environmental Impact Statement (“EIS”) for the Stibnite Gold Project (“Project”) in Valley County, Idaho, will be made available for public review in January 2020.  Midas Gold Idaho continues to work closely with federal and state regulators to ensure that the permitting process remains on track.  The USFS also anticipates issuing a Final EIS and Draft Record of Decision (“ROD”) in Q4 2020 and the Final ROD for the Project in Q1 2021.  The USFS, as lead agency working in cooperation with the six other federal, state and local agencies responsible for permitting the Project, provided an indication of the timeline as part of a regular update on the...

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Altura Energy Inc. Announces a Funding Arrangement for up to $10.0 Million and Drilling Plans at Entice

CALGARY, Alberta, Dec. 04, 2019 (GLOBE NEWSWIRE) — Altura Energy Inc. (“Altura” or the “Corporation”) (TSXV: ATU) is pleased to announce it has entered into a definitive agreement for an asset sale with a private company (“PrivateCo”).  Under the terms of the agreement, PrivateCo will acquire a 12.5% working interest (the “Disposition Assets”) in the Corporation’s production, wells, lands and facilities for $7.0 million in two transactions.  The asset sale provides Altura the funding to advance drilling its oil prospect in the Entice area of Alberta while maintaining financial strength and flexibility to continue development of the Rex pool at Leduc-Woodbend.The first transaction closed on December 4, 2019, whereby Altura divested Disposition Assets equal to 7.0% of corporate...

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