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Month: February 2020

Next Games Oyj: Julkaisu- ja tuotekehitystoimintojen laskentaperiaatteiden muutos

Next Games Oyj Yhtiötiedote 28.2.2020 klo:07:58Next Games tekee muutoksen tuotekehitys-, markkinointi- ja myynti-, sekä hallintotoimintojen kulukohdistuksien laskentaperiaatteisiinsa. Muutoksen tavoitteena on parantaa yhtiön taloudellista viestintää tarjoamalla sijoittajille mahdollisimman ymmärrettävää, kattavaa ja selkeästi ryhmiteltyä tietoa yhtiön tuotekehitys- ja julkaisutoiminnasta taloudellisessa raportoinnissa.Yhtiö muuttaa julkaistuihin peleihin liittyvien kehitysmenojen luokittelua ja esittää ne jatkossa myynti- ja markkinointitoiminnon alla. Aiemmin kaikki, sekä julkaistujen että kehitteillä olevien pelien kehitykseen liittyvät kulut raportoitiin osana tuotekehitystoimintoa. Jatkossa vain kehitteillä olevien pelien luvut raportoidaan osana tuotekehitystoimintoa ja julkaistujen pelien kehitys ja ylläpitokulut raportoidaan osana...

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Maha Energy AB Announces Filing of Fourth Quarter Report & Live Webcast

                                   Press releaseStockholm28 February 2020                                                                                                  Maha Energy AB Announces Filing of Fourth Quarter Report & Live WebcastMaha Energy AB (publ) (“Maha” or the “Company”) is pleased to announce its Fourth Quarter results.  The report is attached to this press release and available on the Company’s website at www.mahaenergy.caFourth Quarter 2019Daily oil & gas production for Q4 2019 averaged 3,165 BOEPD (Q4 2018: 2,454 BOEPD)Revenue of USD 13.7 million (Q4 2018: USD 12.6 million)Operating netback of USD 9.8 million or USD 35.00 per BOE (Q4 2018: USD 9.4 million or USD 43.26 per BOE)EBITDA of USD 8.4 million (Q4 2018: USD 8.5 million)Net result of USD 2.7 million (Q4 2018: USD 18.3 million, including USD 12.1...

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Esrey Announces Management Changes

VANCOUVER, British Columbia, Feb. 27, 2020 (GLOBE NEWSWIRE) — Esrey Resources Ltd. (the “Company”) announces that effectively immediately, David Cohen, Paul Larkin and Pablo Marcet have resigned as directors and officers of the Company and have been replaced by the following persons:Allen D. Leschert, CEO and director, holds a B. Comm. (University of Alberta), and a law degree (University of Victoria) and has more than 35 years experience as a senior securities lawyer in Vancouver.  He has served as a director and senior officer of multiple public companies and has dealt with numerous corporate and mining transactions around the world. Malcolm Fraser, President, interim CFO and director, holds degrees in geological engineering (B.Sc., Queens), economic geology (M.A., Harvard) and law (Osgoode) and has more than 50 years experience...

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Novan Announces Pricing of $5.5 Million Public Offering

MORRISVILLE, N.C., Feb. 27, 2020 (GLOBE NEWSWIRE) — Novan, Inc. (“the Company” or “Novan”) (NASDAQ:NOVN) today announced the pricing of the Company’s previously announced underwritten public offering of 18,333,334 shares of common stock (or pre-funded warrants to purchase common stock in lieu thereof) and warrants to purchase an aggregate of 18,333,334 shares of common stock, at a combined effective public offering price of $0.30 per share of common stock (or pre-funded warrant) and accompanying common warrant. The common warrants have an exercise price of $0.30 per share, are exercisable immediately and expire five years from the date of issuance. H.C. Wainwright & Co. is acting as the sole book-running manager for the offering.The Company has granted the underwriter a 30-day option to purchase...

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DIGITAL ALLY PRICES $2.9 MILLION UNDERWRITTEN PUBLIC OFFERING OF COMMON STOCK

Lenexa, KS, Feb. 27, 2020 (GLOBE NEWSWIRE) — Digital Ally, Inc. (NASDAQ:DGLY), which develops, manufactures and markets advanced video recording products for law enforcement, emergency management, fleet safety and security, today announced the pricing of an underwritten public offering with gross proceeds to the Company expected to be approximately $2.9 million before deducting underwriting discounts and other estimated offering expenses. The proposed offering equates to 2,521,740 shares of the Company’s common stock at a price of $1.15 per share. The Company intends to use the net proceeds from this offering to fund the repayment of debt and for general corporate purposes.In addition, the Company expects to grant the underwriter a 45-day option to purchase up to an additional 15 percent of the shares of common stock offered in...

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China Gold International Resources Corp. Ltd. Mine Sites Experience Little to no Impact From Novel Coronavirus Thus Far

VANCOUVER, British Columbia, Feb. 27, 2020 (GLOBE NEWSWIRE) — China Gold International Resources Corp. Ltd. (TSX: CGG; HKEx: 2099) (“China Gold International Resources” or the “Company”) is providing a voluntary business update in relation to the Company’s production and operations and the Novel Coronavirus (the “COVID-19”).The Company’s Jiama mine has been operating with little to no impact on its production or operations thus far. The Jiama mine regularly monitors the health of its employees and its supply chains and is prepared to respond to any potential disruption issues, should any arise.The employees of CSH Mine have returned to the mine site following the scheduled Chinese New Year celebration closure. CSH Mine normally experiences lower recovery rates during the first quarter of every year impacted by the harsh winter conditions...

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FTE Networks Provides Shareholder Update

NEW YORK, Feb. 27, 2020 (GLOBE NEWSWIRE) — FTE Networks, Inc. (NYSE American: FTNW) (“FTE” or the “Company”), today issued a shareholder update. The full text of the letter from interim CEO Michael P. Beys follows.Dear Shareholders:My last update to shareholders was on January 3, 2020 to advise on the Company’s acquisition of Vision Property Management LLC for $350MM by its US Home Rentals subsidiary on January 2, 2020. US Home Rentals is now a major owner and operator of a portfolio of nearly 3,200 rental home properties across the United States. That letter illuminated FTE’s growth strategy for US Home Rentals, and also provided an important update on the changes being made to the board of directors and in management.In the letter, I also outlined that the Company plans to begin updating its required filings with the SEC in Q1,...

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Storm Resources Ltd. (“Storm” or the “Company”) is Pleased to Announce Its Financial and Operating Results for the Three Months and Year Ended December 31, 2019

CALGARY, Alberta, Feb. 27, 2020 (GLOBE NEWSWIRE) — Storm has also filed its audited consolidated financial statements as at December 31, 2019 and for the three months and year then ended along with Management’s Discussion and Analysis (“MD&A”) for the same periods.  This information appears on SEDAR at www.sedar.com and on Storm’s website at www.stormresourcesltd.com.Selected financial and operating information for the three months and year ended December 31, 2019, as well as reserves information at December 31, 2019, appears below and should be read in conjunction with the related financial statements and MD&A.Highlights    Excludes gains and losses on risk management contracts.Certain financial amounts shown above are non-GAAP measurements. See discussion of Non-GAAP Measurements on page 40 of the MD&A. CROCE and...

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CAPREIT Announces Release of 2019 ESG Report

TORONTO, Feb. 27, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it issued its 2019 Environmental, Social, and Governance (“ESG”) Report. The ESG Report highlights CAPREIT’s progress in integrating ESG measures into its corporate strategy.“We have been applying sustainable practices throughout the management of our operations for over a decade. Integrating ESG measures into our corporate strategy is paramount to the evolution of our current business environment and stakeholder expectations,” commented Mark Kenney, President and CEO. “We are pleased to introduce and disclose our 2019 ESG performance, which highlights how CAPREIT is addressing topics of importance to our residents, employees, investors and the communities we serve.”Highlights of CAPREIT’s...

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Aurelius Completes Acquisition of Aureus Gold Properties and Related C$1,600,000 Equity Financings with Sprott Resource Lending

TORONTO, Feb. 27, 2020 (GLOBE NEWSWIRE) — Aurelius Minerals Inc. (TSX.V: AUL) (the “Company” or “Aurelius”) is pleased to announce that pursuant to a master transaction agreement (the “Transaction Agreement”) entered into between Aurelius and Sprott Private Resource Lending (Collector) LP, by its General Partner, Sprott Resource Lending Corp. (“Sprott Lending” or “Sprott”), Aurelius has completed the acquisition (the “Acquisition”) of 2672403 Ontario Inc. (“267 Ontario”), the owner of a 100% interest in the Dufferin gold properties including the Dufferin Gold Project (other than the Dufferin West Project), the Tangier Gold Project and the Forest Hill Gold Project located in Nova Scotia (collectively renamed, the “Aureus Gold Properties”) for total consideration of up to US$8,200,000 in deferred payments (the “Deferred Payments”)...

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