Year: 2019

SAN MATEO, Calif., Nov. 29, 2019 (GLOBE NEWSWIRE) — Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) (the “Company” or “PLUS”), a cannabis branded products company in the U.S., today released its unaudited financial and operational results for the three and nine months ended September 30, 2019, expressed in U.S. dollars. These filings are available for review on the Company’s SEDAR profile at www.sedar.com and with the Canadian Securities Exchange (the “CSE”).Q3 Financial Highlights (amounts are approximate and are stated in U.S. Dollars, unless stated otherwise):Net Revenues climbed to $3.5 million in Q3 2019, representing a 38% year-over-year growth compared to Q3 2018 net revenues of $2.6 million. Gross Revenues increased to $3.9 million, representing a 50% year-over-year growth compared to Q3 2018 of $2.6 million. Discounts &...

STRATHROY, Ontario, Nov. 29, 2019 (GLOBE NEWSWIRE) — Eve & Co Incorporated (“Eve & Co” or the “Company”) (TSX-V: EVE; OTCQX: EEVVF) opened the doors of its 780,000 square foot expansion of its greenhouse facility to investors, media, local government officials and the community last week.“Thank you to everyone who came out to share in the unveiling of our state-of-the-art greenhouse expansion. We sincerely appreciate the support of the Eve community who came to Strathroy to celebrate this momentous milestone,” expressed Melinda Rombouts, President and Chief Executive Officer of Eve & Co.The new 780,000 square foot facility brings together the best in class greenhouse technology, components, engineering and design. With this expansion, Eve & Co has the potential to become a significant supplier to the Canadian...

HOUSTON, Nov. 29, 2019 (GLOBE NEWSWIRE) — Greenfields Petroleum Corporation (the “Corporation” or “Greenfields”) (TSX VENTURE: GNF), a production focused company with operating assets in Azerbaijan, announces its financial and operating results for the three and nine months ended September 30, 2019  and the extension of senior secured debt payments and forbearance of senior lender’s previously announced repayment demand.Selected financial and operational information included below should be read in conjunction with the Corporation’s condensed consolidated financial statements for the three and nine months ended September 30, 2019 and related management’s discussion and analysis (“MD&A”), which can be found at www.Greenfields-Petroleum.com and on SEDAR at www.sedar.com. Except as otherwise indicated, all dollar amounts referenced...

VAUGHAN, Ontario, Nov. 29, 2019 (GLOBE NEWSWIRE) — Ignite International Brands, Ltd. (“Ignite” or the “Company”), announced the release of its financial and operating results for its third quarter ended September 30, 2019.The Company’s Management Discussion and Analysis (“MD&A”) and interim, unaudited consolidated financial statements for the third quarter ended September 30, 2019, along with all previous public filings may be found on SEDAR at www.SEDAR.com. In addition, the Company announced that it has cancelled a total of 1,160,000 stock options (the “Cancelled Options”) granted to certain officers, directors, and employees of the Company on November 29, 2019.  The Cancelled Options were granted on February 2, 2019, expiring on February 2, 2024 and were exercisable at $3.50 per share.  None of the Cancelled...

WINNIPEG, Manitoba, Nov. 29, 2019 (GLOBE NEWSWIRE) — Empire Industries Ltd. (TSX-V: EIL, OTC:ERILF) (“Empire”, “EIL”, “us”, “our”, “we” or the “Company”) today reported its unaudited consolidated financial results for the third quarter ended September 30, 2019.  The unaudited consolidated financial statements and MD&A have been filed on SEDAR and can be viewed at sedar.com or at empind.com.“We continue to generate positive EBITDA results, with $2.1 million in 3Q19, even though our revenues of $27 million in the quarter were lower than we had expected at the beginning of the year,” said Guy Nelson, Executive Chairman and Chief Executive Officer of Empire.  “A large part of our efforts are focused on final commissioning activities for a record number of rides concurrently; three of the most complex ride systems ever designed...

CALGARY, Alberta, Nov. 29, 2019 (GLOBE NEWSWIRE) — Cuda Oil and Gas Inc. (“Cuda” or the “Company”) (TSXV: CUDA) is pleased to announce that it has entered into an Agreement with the Company’s institutional lender (the “Lender”) to extend the expiration of its 2nd Lien Facility from December 31, 2019 to March 31, 2020. In addition, the Lender has agreed to advance funding of $4.5 MM CAD under the 2nd Lien Facility.  The capital proceeds will be used to fund oil field development expenditures associated with the Company’s Barron Flats Shannon Unit (SSRU) in Converse County, Wyoming.Glenn Dawson, President and Chief Execuitve Officer of Cuda, stated: “The extension and expansion of the 2nd Lien Facility speaks to the confidence in our asset in the Powder River Basin and our progress to advance the miscible gas-flood program. We look...

TORONTO, Nov. 29, 2019 (GLOBE NEWSWIRE) — Feronia Inc. (“Feronia” or the “Company”) (TSX-V: FRN) today released its unaudited financial results for the three and nine months ended September 30, 2019 (“Q3 2019”). All amounts in this release are expressed in US dollars unless otherwise indicated.Q3 2019 HighlightsProduced 46,320 tonnes of fruit (Q3 2018: 52,844 tonnes), a year-over-year decrease of 12%Produced 9,016 tonnes of Crude Palm Oil (“CPO”) (Q3 2018: 11,078 tonnes), a year-over-year decrease of 19%Revenue of $7.7 million (Q3 2018: $6.9 million), a year-over-year increase of 12%, primarily from the sale of 11,265 tonnes of CPO at an average price of $645 per tonne (Q3 2018: 8,750 tonnes at $784 per tonne)Net loss for Q3 2019 of $2.9 million (Q3 2018 net loss: $2.2 million)EBITDA loss for Q3 2019 of $422,000 (Q3 2018 EBITDA:...

FRANKLIN, Ind., Nov. 29, 2019 (GLOBE NEWSWIRE) — IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) announces that in accordance with the terms of a debenture indenture entered into between the Company and Computershare Trust Company of Canada (“Computershare”) dated June 6, 2018, as supplemented (the “Debenture Indenture”) and the terms of a convertible debenture indenture entered into between the Company and Computershare dated June 6, 2018, as supplemented (the “Convertible Debenture Indenture” and together with the Debenture Indenture, the “Indentures”), it has elected to issue common shares in the capital of the Company (“Common Shares”) to holders of 9.50% unsecured debentures due June 6, 2023 (the “9.50% Debentures”) and 8.25% convertible unsecured debentures due June 6, 2023 (the “8.25% Debentures”...

Transformational acquisition establishes Knight as a premiere pan-American (ex-US) specialty pharma companyMONTREAL, Nov. 29, 2019 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX: GUD) (“Knight”) today announced that it has completed the acquisition of a 51.2% interest in Biotoscana Investments S.A. (B3: GBIO33) (“GBT” or “Grupo Biotoscana”) from a controlling shareholder group that includes Advent International and Essex Woodlands, among others. As announced on October 21, 2019, Knight paid BRL 10.96 per share or BRL 596 million (C$187 million(1)) (“Purchase Price”) in cash consideration for this controlling interest in GBT.  Knight now controls the board of directors of GBT.An amount equivalent to 20% of the Purchase Price has been deposited in escrow to secure the sellers’ indemnification obligations under the Share...

Cette acquisition transformationnelle établit Knight comme première société pharmaceutique spécialisée et chef de file panaméricaine (excluant les États-Unis)MONTRÉAL, 29 nov. 2019 (GLOBE NEWSWIRE) — Thérapeutique Knight inc. (TSX : GUD) (« Knight » ou « la Société »), a annoncé aujourd’hui le parachèvement de l’acquisition d’une participation de 51,2 % dans Biotoscana Investments S.A. (B3 : GBIO33) (« GBT » ou « Grupo Biotoscana ») auprès d’un groupe d’actionnaires avec contrôle comprenant Advent International et Essex Woodlands, entre autres. Comme annoncé en date du 21 octobre 2019, Knight a payé 10,96 BRL par action, soit 596 millions de BRL (187 millions de $ CA)(1) (le « prix d’achat ») en liquidités en contrepartie de cette participation majoritaire dans GBT. Knight contrôle désormais le conseil d’administration de GBT.Un...