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Year: 2019

Harte Gold Announces Q3 2019 Results

TORONTO, Nov. 14, 2019 (GLOBE NEWSWIRE) — HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) today announced financial and operational results for the three and nine months ended September 30, 2019 (“Q3”).Third Quarter HighlightsStrong Safety and Environmental performance: no lost-time injuries reported for the quarterMine production growth: mined tonnes and processing tonnes improved by 9% and 6% respectivelyRevenue growth: revenues increased 22% from the previous quarter to $14.5 millionProduction costs stable: mining and underground development, processing costs, site G&A and corporate costs were similar to the previous quarterMine EBITDA was $(0.7) million, lower than the previous quarter after adjusting for inventory movements on timing of salesAll in sustaining (“AISC”) costs of...

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Pengrowth Energy Corporation Receives Support of Secured Debtholders in Respect of the Arrangement

CALGARY, Alberta, Nov. 14, 2019 (GLOBE NEWSWIRE) — Pengrowth Energy Corporation (“Pengrowth” or the “Company”) (TSX:PGF, OTCQX:PGHEF) today announced that, in connection with its previously announced proposed business combination with Cona Resources Ltd. (the “Purchaser”), a portfolio company of Waterous Energy Fund (“WEF”), by way of a plan of arrangement (the “Arrangement”) under the Business Corporations Act (Alberta), Pengrowth and the Purchaser have entered into support agreements (the “Support Agreements”) with holders of an aggregate of 93% of the outstanding amounts owing under the Company’s secured notes and credit facility (the “Secured Indebtedness”).As previously disclosed, pursuant to the Arrangement, the Purchaser will: (a) acquire all of the outstanding common shares of the Company; and (b) make a cash payment in...

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Lexicon Pharmaceuticals to Present at Upcoming Investor Conference

THE WOODLANDS, Texas, Nov. 14, 2019 (GLOBE NEWSWIRE) — Lexicon Pharmaceuticals, Inc. (Nasdaq: LXRX) today announced that Lonnel Coats, President and Chief Executive Officer, will present at the following conference:Stifel 2019 Healthcare Conference on Tuesday, November 19, 2019 at 3:35 p.m. EST in New York, NY.A live audio webcast for this conference will be available in the “Events” section of the Lexicon website at www.lexpharma.com/. An archived version of the webcast will be available on the website for two weeks.About Lexicon PharmaceuticalsLexicon is a fully integrated biopharmaceutical company with a mission of pioneering medicines that transform patients’ lives. Through its Genome5000™ program, Lexicon scientists studied the role and function of nearly 5,000 genes and identified more than 100 protein targets with significant...

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Quorum Announces Q3 2019 Results

CALGARY, Alberta, Nov. 14, 2019 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc. (“Quorum” or the “Company”), a leading provider of dealership and customer management software and value-added services to the automotive industry, released its results for Q3 2019 today.  “This is Quorum’s third quarter as a combined Company following our recent acquisitions,” stated Maury Marks, President and CEO. “I am pleased to report our strong combined results from the XSellerator, DealerMine, Autovance and Advantage1 divisions.”In Q3 2019, we collectively posted both a record total revenue amount and a record Software as a Service (“SaaS”) revenue amount from 1,020 customers, compared to 466 customers in Q3 2018.  SaaS revenue in the quarter was $5.55 million, or 65% of total revenue, and Business Development Centre (“BDC”) revenue was...

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Dundee Corporation Announces Third Quarter 2019 Financial Results

TORONTO, Nov. 14, 2019 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months ended September 30, 2019.FINANCIAL RESULTS During the third quarter of 2019, the Corporation incurred a net loss attributable to owners of the Corporation of $28.6 million, or a loss of $0.30 per share.  This compares with a net loss attributable to owners of the Corporation of $54.3 million in the same period of 2018, representing a loss of $0.92 per share.

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Global Atomic Announces Q3 2019 Results

TORONTO, Nov. 14, 2019 (GLOBE NEWSWIRE) — Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, FRANKFURT: G12, OTCQX: GLATF) is pleased to announce its operating and financial results for the third quarter (“Q3 2019”) ended September 30, 2019.Highlights:Net income for Q3 was $0.8 million ($0.005 per share), including $2.2 million share of income from the Turkish joint venture; for the 9 months ended September 30th, net income was $4.7 million ($0.033 per share), including $7.9 million share of income from the Turkish joint ventureThe new Turkish EAFD processing plant in Iskenderun was successfully commissioned during August and September, and is now running at design capacity of 15 tonnes per hourDirectors and management of Global Atomic officially opened the new plant on November 6, 2019An updated Mineral Resource...

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ClearOne Reports Third Quarter 2019 Financial Results

Q3 Microphone revenue up year-over-year by 3%Q3 Overall revenue down year-over-year by 10% — continued to be impacted by infringement of ClearOne’s strategic patentsNon-GAAP Operating expenses declined by 14% year-over-yearSALT LAKE CITY, Nov. 14, 2019 (GLOBE NEWSWIRE) — ClearOne (NASDAQ: CLRO), a global provider of audio and visual communication solutions, reported financial results for the three and nine month periods ended September 30, 2019.“We have seen modest improvements in our microphone sales after the recent decision by a U.S. District Court granting our request for a preliminary injunction to prevent Shure from manufacturing, marketing, and selling its competing ceiling microphone array in an infringing configuration. Nevertheless, we believe it will take some time for us to recover our market share due to the extensive...

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Imperial Reports Third Quarter 2019 Financial Results

VANCOUVER, British Columbia, Nov. 14, 2019 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three and nine months ended September 30, 2019, as summarized in this release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards.  The reporting currency of the Company is the Canadian (“CDN”) Dollar. QUARTER HIGHLIGHTSFINANCIALOn March 10, 2019, the Company entered into an agreement to sell a 70% interest in the Red Chris mine to Newcrest. The Company completed the sale to Newcrest on August 15, 2019 for a final purchase price of US$804.4 million subject to debt and working capital adjustments.In accordance with IFRS, the Company has classified Red Chris...

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Beasley Broadcast Group Significantly Expands Esports Platform With Acquisition of Overwatch League’s Houston Outlaws

NAPLES, Fla. and HOUSTON, TEXAS, Nov. 14, 2019 (GLOBE NEWSWIRE) — Beasley Broadcast Group, Inc. (Nasdaq: BBGI) (“Beasley” or the “Company”), a multi-platform media company providing advertising and digital marketing solutions across the United States through its radio broadcast and digital operations, announced today that it acquired the Overwatch League’s Houston Outlaws esports team from an affiliate of Immortals, LLC (d/b/a Immortals Gaming Club).The Overwatch League is the first major global professional esports league with city-based teams across Asia, Europe, and North America. Overwatch was created by globally acclaimed publisher Blizzard Entertainment (a division of Activision Blizzard—NASDAQ: ATVI), whose iconic franchises have helped lay the foundations and push the boundaries of professional esports over the last 15 years....

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Pure Gold Reports Third Quarter Financial Results

VANCOUVER, British Columbia, Nov. 14, 2019 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) (“Pure Gold” or the “Company”) is pleased to announce that its unaudited condensed interim financial statements (“Financial Statements”) for its third quarter ended September 30, 2019 and the accompanying Management’s Discussion and Analysis are available for download on the Company’s website at www.puregoldmining.ca at under the Company’s SEDAR profile at www.sedar.com.Financial and Operating Highlights through and subsequent to September 30, 2019:OutlookPure Gold is focused on advancing high quality assets that host the key traits of economic mines: grade, scope, size potential and access to infrastructure in mining-friendly jurisdictions. Our key asset is Madsen which comprises in excess of 4,600 hectares of primarily patented...

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