Day: February 28, 2020

VANCOUVER, Colombie-Britannique, 28 févr. 2020 (GLOBE NEWSWIRE) — AgraFlora Organics International Inc.  (« AgraFlora » ou la « Société ») (CSE : AGRA) (Frankfurt: PU31) (OTCPK : AGFAF) une société internationale de cannabis diversifiée et axée sur la croissance est heureuse d’annoncer qu’une de ses filiales, Propagation Services Canada Inc. (« PSC »), a conclu une entente pour acquérir un portefeuille diversifié de génétiques de boutures de cannabis qui accélérera les plans de la société de perturber le marché canadien du cannabis. Les génétiques de boutures de cannabis seront acquises auprès d’un cultivateur de cannabis canadien primé (le « vendeur ») possédant une vaste expérience en développement et en commercialisation de génétique pour la production de cannabis à grande échelle.Le portefeuille organisé de boutures de cannabis...

NOT FOR DISTRIBUTION TO THE UNITED STATES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Feb. 28, 2020 (GLOBE NEWSWIRE) — Arizona Silver Exploration Inc. (the “Company” or “Arizona Silver”) (TSX-V: AZS) (OTCQB: AZASF) is pleased to announce that, subject to the approval of the TSX Venture Exchange, it proposes to raise up to CAD$1,100,000 through a non- brokered private placement.The private placement will be comprised of up to 7,333,333 units of the Company (the “Units“) at a price of CAD$0.15 per Unit for total proceeds of up to CAD$1,100,000. Each Unit will consist of one common share of the Company and one‑half of one transferable common share purchase warrant (each, a “Warrant“) with each whole Warrant exercisable at a price of CAD$0.22 per share for a period of five...

TORONTO, Feb. 28, 2020 (GLOBE NEWSWIRE) — Savanna Capital Corp. (“Savanna”), a capital pool company as defined under Policy 2.4 – Capital Pool Companies (the “Policy”) of the TSX Venture Exchange (the “Exchange”), announces that effective February 28, it has executed an amendment (the “Third Amendment”) to the business combination agreement dated August 30, 2019 (the “Definitive Agreement”) between Savanna and Varianz Corp. (“Varianz”), to extend the termination date from February 28, 2020 to March 31, 2020. All other terms of the Definitive Agreement remain in full force and effect and unamended.Extension of Time Frame to Complete TransactionSavanna’s common shares (the “Savanna Shares”) commenced trading on the Exchange on January 22, 2018. On June 5, 2019, Savanna announced the proposed business combination with Varianz as its...

Selected Financial IndicatorsSummarized selected financial indicators of the Group for 12 months of 2019 compared to 12 months of 2018 and 31.12.2019 compared to 31.12.2018 were as follows:Financial performanceThe Group`s sales amounted to 56 943 thousand EUR during 12 months of 2019, representing a 8.5% decrease as compared to the same period of previous year. Overall, wholesales decreased by 13.2%, measured in EUR.The Group’s gross profit during 12 months of 2019 amounted to 29 651 thousand EUR and decrease by 14.4% compared to previous year. The gross margin during 12 months of 2019 decreased to 52.1%, from 55.6% in the respective period of previous year. The cost of sold goods decreased by 1.1%.Consolidated operating profit for 12 months of 2019 amounted to 12 712 thousand EUR, compared to 17 736 thousand EUR in 12 months of 2018,...

Põhilised finantsnäitajadKontserni 2019. aasta 12 kuu (võrrelduna 2018. aasta 12 kuuga) ja 31.12.2019 (võrrelduna 31.12.2018) põhilised finantsnäitajad on järgmised:MajandustulemusedKontserni 2019. aasta 12 kuu käive moodustas 56 943 tuhat eurot, langus eelmise aasta sama perioodiga võrreldes on 8,5%. Hulgimüügi käive vähenes 13,2% võrra, mõõdetuna eurodes.Kontserni 2019. aasta 12 kuu brutokasum oli 29 651 tuhat eurot, vähenedes eelmise aastaga võrreldes 14,4%. Perioodi brutokasumi marginaal vähenes 2019. aasta 12 kuu jooksul 55,6%-lt 52,1%-le. Müüdud toodangu kulu vähenes 1,1% võrra.2019. aasta 12 kuu konsolideeritud ärikasum vähenes 28,3% ja ulatus 12 712 tuhande euroni võrreldes 2018. aasta 12 kuu konsolideeritud ärikasumiga summas 17 736 tuhat eurot. 2019. aasta 12 kuu ärikasumi rentaablus oli 22,3% võrreldes 28,5%-ga eelmise aasta...

VANCOUVER, British Columbia, Feb. 28, 2020 (GLOBE NEWSWIRE) — AgraFlora Organics International Inc.  (“AgraFlora” or the “Company”) (CSE: AGRA) (Frankfurt: PU31) (OTCPK: AGFAF), a growth oriented and diversified international cannabis company, is pleased to announce that one of its subsidiaries, Propagation Services Canada Inc. (“PSC”), has entered into an agreement to acquire a curated portfolio of elite live-plant cannabis genetics (the “Live-Plant Genetics“) that will accelerate the Company’s plans to disrupt the Canadian cannabis market.   The Live-Plant Genetics will be acquired from an award-winning Canadian cannabis cultivator (the “Vendor”) with extensive experience in genetic development and commercialization for at-scale cannabis production. The curated portfolio of Live-Plant Genetics has been assembled, selected...

NEW YORK, Feb. 28, 2020 (GLOBE NEWSWIRE) — PDL Community Bancorp (the “Company”) (NASDAQ: PDLB), the holding company for Ponce Bank (the “Bank”), reported a net loss of ($7.5 million), or ($0.43) per basic and diluted share, for the fourth quarter of 2019, compared to net income of $709,000, or $0.04 per basic and diluted share, for the prior quarter and net income of $635,000, or $0.04 per basic and diluted share, for the fourth quarter of 2018. For the year ended December 31, 2019, the net loss was ($5.1 million), or ($0.29) per basic and diluted share, compared to net income of $2.7 million, or $0.15 per basic and diluted share for the year ended December 31, 2018.The reduction in net income during the fourth quarter of 2019 was due primarily to a one-time charge of $9.9 million ($7.8 million net of tax effect) related to the termination...

VANCOUVER, British Columbia, Feb. 28, 2020 (GLOBE NEWSWIRE) — THEMAC Resources Group Limited (TSX VENTURE:MAC) (“THEMAC” or the “Company”) announced today an update of project economics and permitting for the Copper Flat Mine Project in Sierra County, New Mexico, USA.  A technical report titled “Copper Flat Project, Form NI 43-101F1 Technical Report Project Feasibility Study Update” meeting the CIM definitions for a feasibility study to support this announcement is being prepared by M3 Engineering & Technology Corporation in Tucson, Arizona.  The Technical Report will be issued within 45 days of the date of this news release. When complete, the Report will be available on SEDAR (www.sedar.com) and on the Company’s website (www.themacresourcesgroup.com). All amounts and quantities presented in this report are stated in United...

SHOUGUANG, China, Feb. 28, 2020 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China today announced that it has received a notification from the government of Shouguang City, pursuant to which the Company’s bromine facilities has been allowed to resume production.On November 25, 2019, the government of Shuoguang City issued a notice ordering all bromine facilities in Shouguang City, including the Company’s bromine facilities, to temporarily stop production from December 16, 2019 to February 10, 2020. Subsequently, due to the coronavirus outbreak in china, the local government ordered those bromine facilities to postpone  the commencement of production.The Company has received an approval...

MISSISSAUGA, Ontario, Feb. 28, 2020 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the “Company“) (TSX-V: CCB announces that the Company will be extending the exercise period of a total of 5,930,000 share purchase warrants, all of which are exercisable at $0.30 per share (collectively, the “Warrants“). The Warrants were issued pursuant to a private placement which closed over two tranches in April 2017. The Company proposes to extend the expiry dates for all Warrants by one (1) year, and accordingly, the new expiry dates for the Warrants are as follows:Tranche 1: For Warrants issued on April 12th, 2017, the new expiration date of those Warrants will be April 12, 2021. Tranche 2: For Warrants issued on April 26th, 2017, the new expiration date for those Warrants will be April 26, 2021.All other terms and conditions...