Year: 2019

OTTAWA, Ontario, Nov. 25, 2019 (GLOBE NEWSWIRE) — Calian Group Ltd. (TSX.CGY) today released its annual results for the year ended September 30, 2019.Fourth quarter and fiscal year 2019 highlights:Revenue at an annual record of $343 million, an increase of 12% from the prior yearRevenue at a quarterly record of $90.9 million for Q4, up 16% from the same period in the prior yearEBITDA(1) at a record $27.1 million for 2019; and a record $8.1 million for the fourth quarter72nd consecutive profitable quarterIntroduction of new operating segments to better reflect Calian’s core businessesDividend of $0.28 per share for the fourth quarterThe Company reported revenues for the quarter of $90.9 million, representing a 16% increase from the $78.5 million reported in the same quarter of the previous year. For the year ended September 30, 2019,...

Old Bethpage, NY, Nov. 25, 2019 (GLOBE NEWSWIRE) — Power REIT (NYSE American: PW) announced that it closed on a $15,500,000 financing to fund acquisitions.Closing on FinancingPower REIT, through a newly formed subsidiary, completed a financing that is intended to provide capital for acquisition of additional properties on an accretive basis. The financing is in the form of long-term fixed rate bonds with gross proceeds of $15,500,000. The bonds carry a fixed interest rate of 4.62% and fully amortize over the life of the financing which matures in 2054 (35 years). Power REIT intends to use the proceeds to expand its portfolio of income producing properties.Power REIT’s portfolio of primarily “triple net leased” real estate provides stable operating income. In July of 2019, Power REIT announced an updated business plan with a new...

MONTREAL, Nov. 25, 2019 (GLOBE NEWSWIRE) — Les Ressources Komet Inc. (« Komet » or the « Company »; TSX V : KMT) announces that Mr. André Gagné has resigned from the Board of Directors of the Company. This is the result of the Company’s decision to sell its assets in West Africa and henceforth focus its exploration efforts in Eastern Canada. Mr. Gagné will remain special consultant to the Company until all sales of African assets are closed. The Board of Komet would like to thank Mr. Gagné for his contributions to the Company during his tenure as President and Director. Komet is also pleased to announce that it has recently completed the acquisition of a base metal property in Quebec and is presently working to close a second base metal transaction. Details of these acquisitions will be announced in the new year.For further information :Robert...

MONTRÉAL, 25 nov. 2019 (GLOBE NEWSWIRE) — Les Ressources Komet Inc. (« Komet » ou la « Société »; TSX V : KMT) annonce la démission de M. André Gagné à titre d’administrateur de la Société. Ceci est une conséquence de la décision de la Société de vendre ses actifs en Afrique de l’Ouest et de dorénavant concentrer ses efforts d’exploration dans l’est du Canada. M. Gagné demeurera consultant spécial auprès de la Société jusqu’à la finalisation de la vente des actifs africains. Le conseil d’administration de la Société remercie M. Gagné pour ses contributions auprès de la Société pendant la durée de son mandat en tant que Président et administrateur.Komet annonce également que la Société a récemment complété l’acquisition d’une propriété d’exploration pour les métaux usuels au Québec et travaille présentement pour clôturer une deuxième...

BEVERLY, Mass. and TORONTO, Nov. 25, 2019 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX-V: HTL), a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies (ART) and developmental biology research markets, today announced that David Wolf, President and CEO of Hamilton Thorne Ltd., will deliver a presentation and host one-on-one meetings with investors at the upcoming Piper Jaffray 31st Annual Healthcare Conference.Date: Thursday, December 5, 2019Time: 11:10 AM EST     Location: Lotte New York Palace Hotel, New York, NYMr. Wolf will speak about the opportunities in the Assisted Reproductive Technologies field and provide an overview of Hamilton Thorne, including an update on its most recent acquisition.Investors interested in arranging a meeting with Mr. Wolf during this...

SHANGHAI, China, Nov. 25, 2019 (GLOBE NEWSWIRE) — ECMOHO Limited (Nasdaq: MOHO) (“ECMOHO” or the “Company”), a leading integrated solutions provider in the rapidly growing non-medical health and wellness market in China, today announced its unaudited financial results for the third quarter ended September 30, 2019.Third Quarter 2019 Financial HighlightsTotal net revenues were US$74.9 million, an increase of 53.5% year-over-year.Operating income was US$2.7 million, an increase of 58.8% year-over-year. Operating margin was 3.6%, up from 3.5% in the same quarter of last year.Non-GAAP operating income was US$3.1 million, an increase of 82.4% year-over-year. Non-GAAP operating margin was 4.1%, up from 3.5% in the same quarter of last year.Net income was US$1.9 million, an increase of 35.7% year-over-year.Non-GAAP...

MEDFORD, N.Y., Nov. 25, 2019 (GLOBE NEWSWIRE) — Chembio Diagnostics, Inc. (Nasdaq: CEMI), a leading point-of-care diagnostics company focused on infectious diseases, today announced that it has completed its previously announced acquisition of Orangelife Comercio e Industria Ltda., a Brazilian manufacturer and distributor of point-of-care diagnostics tests for infectious diseases.“Our acquisition of Orangelife strategically broadens our commercialization by enhancing our presence in Brazil, which we view as one of the most attractive infectious disease testing markets in the world,” said John Sperzel, Chembio’s Chief Executive Officer. “We are excited to offer our leading point-of-care tests to the state, private and pharmacy markets, and provide additional local support to our long-time partner Bio-Manguinhos.”About Chembio DiagnosticsChembio...

BATON ROUGE, La., Nov. 25, 2019 (GLOBE NEWSWIRE) — Amedisys, Inc. (NASDAQ: AMED), America’s leading independent home health, hospice and personal care company, has signed a definitive agreement to acquire Asana Hospice.Under the terms of the agreement, targeted to close on January 1, 2020, Amedisys will acquire 100 percent of the ownership interests in Asana Hospice.  Asana provides hospice care to approximately 540 patients daily in eight locations in Pennsylvania, Ohio, Missouri, Kansas and Texas.“I’m honored to welcome Asana Hospice’s dedicated and compassionate team to the Amedisys family of caregivers,” stated Amedisys CEO and President Paul Kusserow. “Our two organizations share a commitment to putting excellent patient care at the forefront of everything we do, and I know our strengthened family will continue to deliver clinical...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Nov. 25, 2019 (GLOBE NEWSWIRE) — Integra Resources Corp. (“Integra” or the “Company”) (TSX-V:ITR; OTCQX:IRRZF) is pleased to announce that today it has closed its previously announced strategic placement with Coeur Mining, Inc. (“Coeur”) (NYSE:CDE) whereby Coeur has invested C$6.6 million (US$5 million) in Integra by way of a non-brokered private placement of common shares (the “Strategic Placement”).Under the terms of the subscription agreement between Integra and Coeur, Coeur purchased 5,760,236 common shares of Integra (the “Strategic Placement Common Shares”) at a price of C$1.15 per Strategic Placement Common Share for gross proceeds of C$6,624,271. The Strategic Placement Common Shares issued in the...