Month: February 2020

CALGARY, Alberta, Feb. 27, 2020 (GLOBE NEWSWIRE) — Black Diamond Group Limited (“Black Diamond” or the “Company”) (TSX: BDI) announces that the Company will host a webcast and conference call for stakeholders, investors, analysts, and any other interested parties, to provide an update on the existing operating environment and the Company’s growth strategies for 2020 and beyond.Trevor Haynes, Black Diamond’s CEO, stated, “We look forward to sharing our vision for Black Diamond in 2020 and beyond as we continue to diversify and expand our business to generate sustainable long term cash flows and drive value for our shareholders.”About Black Diamond GroupBlack Diamond is a specialty rentals and industrial services Company with two operating business units – Modular Space Solutions (MSS) and Workforce Solutions (WFS). We operate...

Net Earnings of $902.2 million for the Year Ended December 31, 2019Non-GAAP Operating Income of $553.4 million for the Year Ended December 31, 2019Increase in fully diluted book value per share of 26.9% during 2019HAMILTON, Bermuda, Feb. 27, 2020 (GLOBE NEWSWIRE) — Enstar Group Limited (Nasdaq: ESGR) filed its annual report on Form 10-K with the SEC earlier today, reporting its earnings and financial position for the year ended December 31, 2019.Enstar reported consolidated net earnings of $902.2 million (or earnings of $41.43 per fully diluted ordinary share) for the year ended December 31, 2019, compared to consolidated net losses of $162.4 million (or $7.84 loss per fully diluted ordinary share) for the year ended December 31, 2018.The key drivers of net earnings for the year ended December 31, 2019 were:Net realized and unrealized...

Highlights of the Quarter Ended Dec. 31, 2019(unless otherwise noted, all financial amounts in this news release are expressed in U.S. dollars)Sales Sharply Higher:  Consolidated sales of $5.4 million were 38% higher than prior-year period sales of $3.9 million, and fiscal year-to-date (“YTD”) consolidated sales of $10.3 million were 20% higher than prior-year sales of $8.6 million.Gross Margins Strengthen:  Comprehensive gross margin more that doubled to 15.6% in the quarter ended December 31, 2019, compared to 6.8% in the prior-year period, and rose to 13.3% year to date, as compared to 9.0% in the comparable period of fiscal 2019.Positive YTD Adjusted EBITDA:  Adjusted earnings before interest, taxes, depreciation, and amortization (“Adjusted EBITDA)1 for the six-month period ended December 31, 2019 was $67,000, as compared to ($723,000)...

MONTRÉAL, 27 févr. 2020 (GLOBE NEWSWIRE) — DIOS EXPLORATION complète un placement privé accréditif sans intermédiaire de 412 000 $ au prix de 0,10 $ l’action.L’emploi du produit servira aux travaux d’exploration sur son projet d’or, argent et cuivre K2 contigu au sud-ouest de la propriété d’or Elmer d’Azimut, à la Baie-James (Eeyou-Istchee) au Québec.Les travaux complétés par DIOS sur K2 ont mis en lumière la cible d’or WI TARGET, un conducteur électromagnétique de 3 km se trouvant au complet sur les claims de DIOS, et aussi, entre autres, les indices minéralisés en or-cuivre-argent d’ATTILA, alignés au sud-ouest de la découverte d’or, montrant des similarités telles les roches hôtes (intrusives felsiques), certaines altérations et la présence de 3 réseaux de veines de quartz avec Patwon.La propriété K2 détenue à part entière par...

MOOREFIELD, W.Va., Feb. 27, 2020 (GLOBE NEWSWIRE) — Summit Financial Group, Inc. (“Summit”) (NASDAQ: SMMF) today announces its Board of Directors recently declared a first quarter 2020 dividend of $0.17 per share payable on March 31, 2020 to common shareholders of record as of the close of business on March 16, 2020, representing a 13 percent increase compared to the $0.15 paid in Q4 2019.Summit Financial Group, Inc. is a $2.4 billion financial holding company headquartered in Moorefield, West Virginia. Summit provides community banking services primarily in the Eastern Panhandle, Southern and North Central regions of West Virginia and the Northern, Shenandoah Valley and Southwestern regions of Virginia, through its bank subsidiary, Summit Community Bank, Inc., which operates thirty-six banking locations.Teresa Ely, Director of...

HOUSTON, Feb. 27, 2020 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE: DRQ) (the “Company” or “Dril-Quip”) today reported operational and financial results for the fourth quarter and full year 2019.Key highlights included:Continued revenue growth with fourth quarter 2019 revenue of $108.5 million and full year 2019 revenue of $414.8 million, both at the high end of their respective guidance ranges;Increased product bookings to $101 million in the fourth quarter of 2019 and to $388 million for the full year of 2019 driven by additional growth in new technology product orders;   Reported net income of $7.4 million, or $0.21 per diluted share, in the fourth quarter of 2019 and net income of $1.7 million, or $0.05 per diluted share, for the full year 2019;Generated net cash provided by operating activities of $8.1 million in the fourth quarter...

NEW YORK, Feb. 27, 2020 (GLOBE NEWSWIRE) — Weyland Tech, Inc. (OTCQX: WEYL) (OTCQX: WEYLD), a leading global provider of mCommerce platform-as-a-service (PaaS), eCommerce managed services and mobile fintech solutions, has been invited to present at the 32nd Annual ROTH Conference being held at The Ritz Carlton in Laguna Niguel, California on March 15-17, 2020.The conference will feature presentations from public and private companies across a variety of industry sectors. Last year, the ROTH Conference hosted 550 presenting companies and 5,100 attendees, including institutional investors, analysts, family offices and high net worth investors.Weyland Tech senior management is scheduled to present in one-on-one meetings on March 16-17. They will discuss the rapid growth in subscriptions to the company’s CreateApp platform-as-a-service,...

CALGARY, Alberta, Feb. 27, 2020 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces that it is embarking on a plan to aggressively reduce costs, including G&A expenses. Louisa DeCarlo, Chairman of the Board, has been appointed CEO of the Corporation with a mandate to implement the plan, which if fully implemented will replace employees with a contract management company.The appointment of Ms. DeCarlo will allow Richard Couillard to enter into his long delayed retirement. The Board of Directors wish to thank Rich for having delayed his retirement and for everything he has done for the Corporation as CEO since 2014 and as a director prior to that.Information regarding CSRI is available on SEDAR at www.sedar.com or the Corporation’s website at www.csri.ca.For further...

MELBOURNE, Fla., Feb. 27, 2020 (GLOBE NEWSWIRE) — The Goldfield Corporation (NYSE American: GV), a leading provider of electrical construction services for the utility industry and industrial customers through its subsidiaries Power Corporation of America, C and C Power Line, Inc., Precision Foundations, Inc., and Southeast Power Corporation, with operations primarily in the Southeast, mid-Atlantic and Texas-Southwest regions of the United States, today announced it will issue fourth-quarter and full-year 2019 financial results after the market closes on Wednesday, March 11. Investors can access the financial results (including any information required by Regulation G) at http://ir.goldfieldcorp.com/financial-results.The Company’s President and Chief Executive Officer John H. Sottile and Chief Financial Officer Stephen R. Wherry...