Month: March 2020

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

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...

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...

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...

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 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...

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...

MONTREAL, March 27, 2020 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX: GUD) (“Knight”), a leading pan-American (ex-USA) specialty pharmaceutical company, will release its fourth quarter 2019 financial results on Monday, March 30, 2020 after market closing. Following the release, Knight will hold a conference call and audio webcast. Knight cordially invites all interested parties to participate in this call.Update due to COVID-19 pandemicThe recent outbreak of the coronavirus, or COVID-19, which has been declared by the World Health Organization to be a pandemic, has spread across the globe and is impacting worldwide economic activity. A public health pandemic, including COVID-19, poses the risk that the Company and its employees, contractors, suppliers, and other partners may be prevented from conducting business activities...

MONTRÉAL, 27 mars 2020 (GLOBE NEWSWIRE) — Thérapeutique Knight inc. (TSX : GUD) (« Knight » ou « la Société »), société pharmaceutique spécialisée panaméricaine (ex-EU) et chef de file, publiera ses résultats financiers du quatrième trimestre 2019, ce lundi 30 mars 2020 après la clôture du marché. À la suite de cette publication, Knight sera l’hôte d’une conférence téléphonique et d’une webémission. Knight invite cordialement toutes les parties intéressées à participer à cet appel.Mise à jour sur la pandémie due à la COVID-19L’apparition récente du coronavirus, ou COVID-19, déclarée pandémie par l’Organisation mondiale de la santé, s’est répandue à l’échelle planétaire et influe sur l’activité économique internationale. Une pandémie de santé publique, qui inclut la COVID-19, pose le risque que la Société, ses employés, ses contractants,...

NEW YORK and CLEVELAND, March 27, 2020 (GLOBE NEWSWIRE) — The COVID-19 pandemic has created extraordinary challenges across all aspects of healthcare. Many institutions and their brave staff of providers are now focused on caring for patients stricken by the virus.  We at Abeona are thankful for their sacrifices and efforts, and stand behind these healthcare institutions whose resources are focused on the greater good. We are dedicated to being a good global citizen in doing our part by following guidance from local health officials in New York, Cleveland, and Madrid, and where remote employees reside. Above all, we will take every reasonable measure to ensure the safety of our patients and employees, while sustaining our business operations during this uncertain time. Abeona is fully focused on getting through the pandemic by working...