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Year: 2019

Husky Energy Provides Series 3 Preferred Shares Conversion Privilege Notice, Series 3 and Series 4 Preferred Shares Dividend Rate Notice

CALGARY, Alberta, Dec. 02, 2019 (GLOBE NEWSWIRE) — Husky Energy (TSX:HSE) is providing notice that the Company does not intend to exercise its right to redeem its Cumulative Redeemable Preferred Shares, Series 3 (Series 3 Shares) on December 31, 2019. As a result, subject to certain conditions, the holders of Series 3 Shares have the right to choose one of the following options with regard to their shares:retain any or all of their Series 3 Shares and continue to receive an annual fixed-rate dividend paid quarterly; or convert, on a one-for-one basis, any or all of their Series 3 Shares into Cumulative Redeemable Preferred Shares, Series 4 (Series 4 Shares) of Husky and receive a floating rate quarterly dividend.             Conversion to Series 4 Shares is subject to the conditions that: (i) if Husky determines that there would...

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Bhang Inc. Announces Third Quarter 2019 Financial Results

MIAMI, Dec. 02, 2019 (GLOBE NEWSWIRE) — Bhang Inc. (“Bhang” or the “Company“) (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an extensive, award-winning portfolio of products, today reported its financial and operating results for the third quarter ending September 30, 2019. All figures in this press release are stated in U.S. dollars unless otherwise noted.Over the past decade, Bhang has become one of the most-recognized brands in cannabis anchored by our flagship 8X cannabis cup winning chocolate products. Since our official CSE list date in July, Bhang has faced challenging market headwinds and strong skepticism driven by reduced investment and downsizing across the cannabis industry. Despite these challenges, the Company has been laser focused on evolving its portfolio of branded...

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True Leaf Reports Record Second Quarter 2020 Financial Results

Record Quarter with 70% Revenue GrowthVERNON, British Columbia, Dec. 02, 2019 (GLOBE NEWSWIRE) — True Leaf Brands Inc. (“True Leaf” or the “Company”) (CSE: MJ) (OTCQX: TRLFF) (FSE: TLA) today announced its operating and financial results for the fiscal 2020 second quarter ended September 30, 2019.Q2 2020 and Recent HighlightsTrue Leaf Pet division reported revenues from global sales totaling $706,752 (CAD), a 70% increase over the first quarter of fiscal 2020 and a 24% increase year over year.True Leaf Cannabis division secured three licenses from Health Canada to cultivate, process and sell medical cannabis for the Company’s 18,000 square foot True Leaf Campus facility in Lumby, British Columbia. The licenses allow cannabis production to begin immediately.Implemented cost-saving measures across both divisions and expects to realize...

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Emerald Health Therapeutics Reports Third Quarter 2019 Financial Results; Sales Double Third Quarter in a Row

VANCOUVER, British Columbia, Dec. 02, 2019 (GLOBE NEWSWIRE) — Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) reported financial results for the quarter and nine-month period ended September 30, 2019. Full versions of the Company’s unaudited condensed, interim consolidated financial statements and MD&A can be found on SEDAR at www.sedar.com.HighlightsEmeraldNet sales doubled to $9.3M from the prior quarter.Net loss of $17.5M impacted by $2.8M inventory write down and decrease of $9.1M in fair value adjustments of biological assets.Total SG&A expenses of $10.1M lower than Q2 expenses of $12.4M.Second consecutive quarter of positive adjusted EBITDA at $2.4M in Q3 2019.$5.5M positive working capital shows improvement from ($4.2M) working capital in the previous quarter.Pure Sunfarms (50%-owned JV financials...

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Kauko Oy:n lämpöpumppuliiketoiminta Panasonicille

Kauko OyLehdistötiedote2.12.2019Kauko on ollut vuodesta 1988 lähtien Panasonic-ilmalämpöpumppujen jakelija Suomessa. Muualla Euroopassa Panasonic on järjestänyt jakelun suoraan omalla organisaatiollaan, ja nyt julkistetun liiketoimintakaupan myötä Panasonicin oma jakelutoiminta kattaa koko Euroopan.”Olemme erittäin tyytyväisiä liiketoimintakauppaan. Uskomme, että tänään julkistetulla järjestelyllä voidaan varmistaa asiakkaiden, jälleenmyyjien, Kaukon henkilökunnan sekä Panasonicin toiveet jakelun osalta. Tämä on hyvä ja looginen järjestely myös Aspon näkökulmasta. Kauko voi nyt entistäkin paremmin keskittyä ydinliiketoimintoihinsa”, sanoo Aspo Oyj:n toimitusjohtaja ja Kauko Oy:n hallituksen puheenjohtaja Aki Ojanen.Kaukon ja Panasonicin yli 50 vuotta kestänyt yhteistyö jatkuu liiketoimintakaupan jälkeenkin vahvana. Kauko jatkaa yhä Panasonicin...

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RioCan Real Estate Investment Trust Announces Date of Fourth Quarter 2019 Earnings Release, Conference Call and Webcast

TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that it is scheduled to release its financial results for the three months and year-ended December 31, 2019 before the market opens on Thursday, February 20, 2020.Interested parties are invited to participate in a conference call with management on Thursday, February 20, 2020 at 10:00 a.m. Eastern time. You will be required to identify yourself and the organization on whose behalf you are participating.In order to participate, please dial 647-427-3230 or 1-877-486-4304. If you cannot participate in the live mode, a replay will be available. To access the replay, please dial 1-855-859-2056 and enter the passcode 7578658#.Alternatively, to access the simultaneous webcast, go to the following link on RioCan’s website...

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Microbix Invited to Present Product Results at HPV Congress

MISSISSAUGA, Ontario, Dec. 02, 2019 (GLOBE NEWSWIRE) — Microbix Biosystems Inc. (TSX: MBX, Microbix®), a life sciences innovator making critical ingredients that enable the production of clinical diagnostics and creating medical devices that help ensure test accuracy, announces it has been invited to present the performance of its in-vitro diagnostics (IVD) quality products “IVD Controls” at EUROGIN 2019, the annual congress of the European Research Organization on Genital Infection & Neoplasia.At EUROGIN, Microbix will be exhibiting alongside leading IVD and pharmaceutical companies working on prevention and detection of Human Papilloma Virus (HPV) infection. The majority of sexually-active adults are infected with one or more types of HPV and the high-risk variants of the virus are a well-known and common cause of multiple...

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LiteLink Technologies Issues Letter to Shareholders

VANCOUVER, British Columbia, Dec. 02, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT) (OTC:LLNKF) (FRA:C0B), a key player in logistics platforms and payment solutions, is pleased to provide the following letter to shareholders from LiteLink Chief Executive Officer Ashik Karim.Dear Shareholders,It is my honor to write my first letter to you as chief executive of LiteLink Technologies Inc. (LiteLink), following a year of innovation, market expansion and exciting growth. We are staying true to our mission and core values that we have built at LiteLink over the past 18 months. 2019 was a building period both from a products and customer trust perspective, with many intentional and impactful moves. We navigated through two major industries experiencing profound disruption in business behavior. 1SHIFT in 2019...

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Generation Mining Significantly Increases Mineral Resource at the Marathon Palladium Property

TORONTO, Dec. 02, 2019 (GLOBE NEWSWIRE) — Generation Mining Limited (CSE:GENM) (“Gen Mining” or the “Company”) is pleased to announce an increase in the Mineral Resource Estimate for its Marathon Palladium property in Northwestern Ontario. The new estimate reflects a comprehensive review of the past drilling completed by the previous operators on the Geordie and Sally deposits which are both located on the Company’s Marathon Property and within 16 km of the Marathon Deposit, which contains an estimated 7.1 million palladium equivalent ounces Mineral Resources in the Measured and Indicated classification.HighlightsThe new estimates add 1,568,000 of palladium equivalent (“PdEq”) ounces of Mineral Resources to the Property in the Indicated classification, bringing the Property total Measured and Indicated Mineral Resources to 8,668,000...

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GBT Seeks to Develop New Microchip Architectures Aimed at Expanding AI Market Opportunities

SANTA MONICA, Calif., Dec. 02, 2019 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”, or the “Company”), a company specializing in the development of Internet of Things (IoT) and Artificial Intelligence (AI) enabled networking and tracking technologies, including its GopherInsight™ wireless mesh network technology platform and its Avant! AI, for both mobile and fixed solutions, announced new microchip architectures aimed at expanding GBT’s AI go-to-market strategy.The new architectures, now in development, are targeted to leverage world-class, on-chip AI technologies for the benefit of IC design houses.GBT is focusing on advanced manufacturing processes for the creation of industry-leading electronic products. The Company plans to continue its IC scaling in order to achieve high silicon transistor density while...

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