Year: 2019

CALGARY, Alberta, Nov. 28, 2019 (GLOBE NEWSWIRE) — Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.WT, SUGR.RT) (“Sugarbud” or the “Company”) is pleased to announce the filing of its unaudited condensed consolidated interim financial statements (“Financial Statements”) for the three and nine months ended September 30, 2019 (“Q3 2019”) and related management’s discussion and analysis (“MD&A”), which are available on SEDAR at www.sedar.com and on Sugarbud’s website at www.sugarbud.ca. “Q3 2019 was a productive and pivotal period for Sugarbud,” stated John Kondrosky, Sugarbud CEO. “In addition to receiving our cultivation, processing and medical licenses from Health Canada, we completed the transfer and receipt of our starting material under our declaration to Health Canada and began...

CALGARY, Alberta, Nov. 28, 2019 (GLOBE NEWSWIRE) — Trakopolis IoT Corp. (“Trakopolis” or the “Company“) (TSXV: TRAK) reports its financial and operating results for the third quarter ended September 30, 2019.“During the third quarter of 2019, operational adjustments resulted in an improvement of 76% in EBITDA compared with the third quarter of 2018,” said Richard Clarke, President and CEO of Trakopolis. “We have been very pleased with the success and speed of the operating adjustments and the improvements made to EBITDA and net loss.  Since the beginning of 2019, we have concentrated our efforts on utilizing our product/solution positioning, established customers and sales channels to drive improvements in top and bottom-line operating results. We look forward to working with clients to deliver, comprehensive,...

HALIFAX, Nova Scotia, Nov. 28, 2019 (GLOBE NEWSWIRE) — MedMira Inc. (MedMira) (TSXV: MIR), reported today on its financial results for the financial year ended July 31, 2019. Profit and Loss HighlightsRevenue: The Company recorded revenues in FY2019 of $527,445 compared to $574,860 in FY2018. The decrease in revenue was due to the Company’s strategy to focus on high profit margin markets. As outlined below, this strategy has resulted in the Company recording a higher contribution margin and has also indirectly decreased expenses.Gross Profit: The Company recorded a gross profit in FY2018 of $423,351 compared to $461,111 for the same period last year. The overall gross margin percentage on sales increased by 2% from 78% in FY2018 to 80% in this financial year.Operating expenses: In this financial year, the Company recorded operating...

CALGARY, Alberta, Nov. 28, 2019 (GLOBE NEWSWIRE) — ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) is pleased to announce the filing of its 2019 third quarter unaudited Financial Statements and MD&A and the initiation of a strategic alternatives process.Third Quarter Financial and Operating ResultsThe Company’s Financial Statements and MD&A are available on SEDAR (www.sedar.com). All numbers are expressed in US dollars unless otherwise noted.(1) Non-IFRS Measures – see “Non-IFRS Measures” below(2) Includes $5 million Canacol promissory note(3) Long-term restricted cash not included in working capitalThird Quarter 2019 Highlights and Subsequent EventsFor the three months ended September 30, 2019, Arrow recorded $6,320,471 in revenues (net of royalties) on crude oil sales of 151,313 barrels, 528 barrels of...

CALGARY, Alberta, Nov. 28, 2019 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”) (TSXV: MAH) (OTCQB: MKSEF) and its wholly owned subsidiary Marksmen Energy USA, Inc. announces financial results for the interim period ended September 30, 2019.  The following documents have been filed on SEDAR:Financial StatementsManagement’s Discussion and Analysis (“MD&A”)Form 52-109FV2 Certificate of Interim Filings – CEOForm 52-109FV2 Certificate of Interim Filings – CFOThese filings may be viewed on the SEDAR website at www.sedar.com.Also, as included in the subsequent event section in the financial statements and MD&A, Marksmen discloses that, as a working interest partner, the Company has an on-going business dispute with the Operator of a well in Ohio.  The Company has held back paying certain amounts owing contingent...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMISSISSAUGA, Ontario, Nov. 28, 2019 (GLOBE NEWSWIRE) — (TSXV: MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”), announced today that as a result of the REIT’s strong financial performance for the 2019 fiscal year combined with the REIT’s strong working capital position, the Board of Trustees has declared a special cash distribution of $0.03 per unit, which will be paid on January 15, 2020 to unitholders of record on December 31, 2019.About Maplewood International REITMaplewood International REIT is a Canadian based growth-oriented international real estate investment trust, established to invest in high-quality income producing commercial real estate outside of Canada. The REIT’s geographic focus is on the investment...