PARTNERS VALUE SPLIT CORP. ANNOUNCES 2019 ANNUAL RESULTS

Written by Customer Service on March 27, 2020. Posted in Public Companies.

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Partners Value Split Corp. (the “Company” TSX: PVS.PR.D, PVS.PR.E, PVS.PR.F, PVS.PR.G) announced today that the net asset value per unit was $136.77 at December 31, 2019. All amounts are in US dollars.Income available for distribution for the year ended December 31, 2019 was $51 million compared to $48 million in the prior year.Net asset value per unit consists of one preferred share and one capital share. The net asset value per unit is posted monthly on our website at www.partnersvaluesplit.com.STATEMENTS OF COMPREHENSIVE INCOMEPartners Value Split Corp. owns 80 million Class A Limited Voting Shares (“Brookfield shares”) of Brookfield Asset Management Inc. (“Brookfield”) which generate cash flow through dividend payments that fund quarterly fixed cumulative preferential dividends for...

PARTNERS VALUE INVESTMENTS L.P. ANNOUNCES 2019 ANNUAL RESULTS

Written by Customer Service on March 27, 2020. Posted in Public Companies.

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership” TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the year ended December 31, 2019. All amounts are stated in US dollars.The Partnership generated net loss of $4 million for the year ended December 31, 2019 compared to net income of $125 million in the prior year. The decrease in net income was primarily driven by foreign currency and valuation losses.The market price of a Brookfield share was $57.80 as at December 31, 2019 (2018 – $38.35).Consolidated Statements of Operations

P10 Holdings, Inc. releases 2019 Annual Report to Shareholders

Written by Customer Service on March 27, 2020. Posted in Public Companies.

DALLAS, March 27, 2020 (GLOBE NEWSWIRE) — P10 Holdings, Inc. (OTC:PIOE) has released its 2019 Annual Report to Shareholders. This report can be found at www.p10holdings.com under the Annual Reports section of the Investor Relations page.About P10 HoldingsP10 Holdings is an innovative alternative asset management investment firm located in Dallas, Texas. The firm’s purpose is to create long-term value for P10 Holdings shareholders by providing superior risk-adjusted returns to its Limited Partners through private equity funds-of-funds, secondary funds, and co-investment funds provided by its wholly-owned subsidiary, RCP Advisors (www.rcpadvisors.com). P10 Holdings intends to provide additional investment vehicles in other areas of alternative asset management where it believes it can generate superior returns for its Limited Partners...

PARTNERS VALUE INVESTMENTS INC. ANNOUNCES 2019 ANNUAL RESULTS

Written by Customer Service on March 27, 2020. Posted in Public Companies.

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the year ended December 31, 2019. All amounts are stated in US dollars.The Company generated net loss of $129 million for the year ended December 31, 2019 compared to net income of $120 million in the prior year. The decrease in net income was primarily driven by foreign currency losses and valuation losses on the change in value of the warrant liability as a result of an increase in the market price of Partners Value Investments L.P.The market price of a Brookfield share was $57.80 as at December 31, 2019 (2018 – $38.35).Consolidated Statements of Operations

GLACIER REPORTS YEAR END RESULTS

Written by Customer Service on March 27, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, March 27, 2020 (GLOBE NEWSWIRE) — Glacier Media Inc. (“Glacier” or the “Company”) reported revenue and earnings for the year ended December 31, 2019.SUMMARY RESULTS(1) Certain results are presented to include the Company’s proportionate share of its joint venture and associate operations, as this is the basis on which management bases its operating decisions and performance. The Company’s joint ventures and associates include Continental Newspapers Ltd, Great West Newspapers Limited Partnership, the Victoria Times-Colonist, Rhode Island Suburban Newspapers, Inc., Village Media Inc. and Borden Bridge Development Corporation.(2) The Company sold its interest in Fundata for $55.0 million in April 2019. Results were included up to March 31, 2019.(3) Includes $3.1 million purchase of land for Canada’s Outdoor...

Crown Point Provides Operations Update

Written by Customer Service on March 27, 2020. Posted in Public Companies.

CALGARY, Alberta, March 27, 2020 (GLOBE NEWSWIRE) — (TSX-V:CWV): Crown Point Energy Inc. (“Crown Point” or the “Company”) today provided an update regarding its operations at Tierra del Fuego (“TDF”).Tierra del Fuego – La Angostura Concession (WI 34.74%)As previously reported, the main San Martin oil well producer, SM x-1001 began to produce some water in late January, 2020 and the water cut subsequently increased in early February to approximately 50% of the total fluid production from this well, which had averaged 1,470 (net 511) bopd from the upper Tobífera reservoir in December 2019. The well was shut in on February 18, 2020, pending a workover to evaluate the underlying middle Tobífera section (oil bearing in the SM a-1003 oil well located approximately 1 km to the NNW of SM x-1001), followed by a test and evaluation...

MAGNA POSTS 2019 ANNUAL REPORT

Written by Customer Service on March 27, 2020. Posted in Public Companies.

AURORA, Ontario, March 27, 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2019 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. Magna has also filed these documents with the Canadian Securities Administrators (accessible through its website at www.sedar.com) and the U.S. Securities and Exchange Commission (accessible through its website at www.sec.gov/edgar).Our 2020 Annual Meeting of Shareholders will be held on Thursday May 7, 2020, commencing at 10:00 a.m. (Eastern Daylight Time). Due to the COVID-19 pandemic, the meeting is being conducted as a virtual-only meeting accessible at www.virtualshareholdermeeting.com/MGA2020.Magna...

GVIC REPORTS YEAR END RESULTS

Written by Customer Service on March 27, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, March 27, 2020 (GLOBE NEWSWIRE) — GVIC Communications Corp. (“GVIC” or the “Company”) reported revenue and earnings for the year ended December 31, 2019.SUMMARY RESULTS(1) Certain results are presented to include the Company’s proportionate share of its joint venture and associate operations, as this is the basis on which management bases its operating decisions and performance. The Company’s joint ventures and associates include Continental Newspapers Ltd, Great West Newspapers Limited Partnership, the Victoria Times-Colonist, Rhode Island Suburban Newspapers, Inc., Village Media Inc. and Borden Bridge Development Corporation.(2) The Company sold its interest in Fundata for $55.0 million in April 2019. Results were included up to March 31, 2019.(3) Includes $3.1 million purchase of land for Canada’s Outdoor...

SFL – Filing of 2019 Annual Report on Form 20-F

Written by Customer Service on March 27, 2020. Posted in Public Companies.

SFL Corporation Ltd. (NYSE: SFL) (“SFL” or the “Company”) announces that its annual report on Form 20-F for the financial year ended December 31, 2019 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission (the “Commission”). The Annual Report may be accessed through SFL’s website, www.sflcorp.com, or directly in the link below. The Annual Report is also available on the website of the Commission at www.sec.gov.Shareholders may also receive a hard copy of the Annual Report, which includes the Company’s complete 2019 audited financial statements, free of charge, by submitting the contact form requesting the report at www.sflcorp.com.March 27, 2020The Board of DirectorsSFL Corporation Ltd.Hamilton, BermudaQuestions can be directed to SFL Management AS:Investor and Analyst Contacts:Aksel Olesen, Chief Financial...

PETROTEQ DOWNSCALES PRODUCTION CITING MARKET CONDITIONS

Written by Customer Service on March 27, 2020. Posted in Public Companies.

SHERMAN OAKS, Calif., March 27, 2020 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) ‎‎(TSXV:PQE; ‎OTC:PQEFF; FSE:PQCF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, announces it is ‎reducing production staffing to a single shift daily because of market conditions.The Company has chosen to cut hours at the plant to reduce costs in a tumultuous ‎market. Management believes it is important to keep the plant operating to continue ‎production, especially to demonstrate operations to the multiple parties currently ‎completing due diligence on Petroteq as part of the technology licensing process.Petroteq is scaling back to a skeleton crew and intends to store production in ‎anticipation of selling product into a rebounding...

Day: March 27, 2020

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