Month: March 2020

VANCOUVER, British Columbia, March 03, 2020 (GLOBE NEWSWIRE) — via NetworkWire – Wildflower Brands Inc. (CSE: SUN, OTC:WLDFF) (the “Company”) announces more than $5.5M in revenues in its second quarter, compared to $1.4M in the previous year’s second quarter and $6.3M in the first quarter. Revenues were expected to be down due to the Robson store having to close in order to move to its newly renovated, licensed 2,800 square foot facility at Robson and Granville. This was the first cannabis retail license the regulators moved in British Columba. Further, revenues were expected down due to a steep drop in vape sales due to the vapegate crisis.Highlights for the quarter ending December 31, 2019 (with comparisons to the prior quarter except as otherwise noted) include the following:Revenues of $5,514,502 (Q2 2018: $1,410,135), including...

VANCOUVER, British Columbia, March 03, 2020 (GLOBE NEWSWIRE) — via NetworkWire – Wildflower Brands Inc. (CSE: SUN) (the “Company”) announces it will complete a private placement of units (“Units”) at a price of C$0.15 per Unit for aggregate gross proceeds of up to $530,000. The financing is fully subscribed and will close this week. Each Unit shall consist of one common share of the Issuer and one share purchase warrant (“Warrant”). Each Warrant will entitle the holder to acquire one common share of the Company at a price of $0.30 for a period of 12 months following the closing date of the private placement.The proceeds of the financing will be used for working capital and to commence design and permitting work for the Company’s two Ontario stores it currently has under lease.The securities issued will be subject to a four month...

TORONTO, March 02, 2020 (GLOBE NEWSWIRE) — Loncor Resources Inc. (“Loncor” or the “Company“) (TSX: “LN”; OTCQB: “LONCF”) is pleased to announce the appointment of Mr. John Barker as Vice President of Business Development for Loncor.Arnold Kondrat, Chief Executive Officer of Loncor, commented: “We welcome John Barker as Vice President of Business Development for Loncor.  Mr. Barker has over 30 years of global mining experience encompassing many key elements of the mining world, and I look forward to working with him and the team to unlock the potential evident in the Ngayu gold belt.” Mr. Barker has 15 years’ experience as a leading mining analyst, including with RBC DS heading up their Global Gold Mining initiative and focussing on African mining equities.  Subsequently, he was Vice...

KAPALUA RESORT, Hawaii, March 02, 2020 (GLOBE NEWSWIRE) — Maui Land & Pineapple Company, Inc. (NYSE: MLP) reported a net loss of $10.4 million, or $(0.54) per share, for 2019. This compares to net income of $0.5 million, or $0.03 per share, for 2018. The Company reported revenues of $10.0 million and $8.9 million for 2019 and 2018, respectively.For the fourth quarter of 2019, the Company recognized a net loss of $9.1 million or $(0.47) per share. For the fourth quarter of 2018, the Company recognized net income of $3.7 million or $0.19 per share. Operating revenues totaled $ 2.5 million and $ 2.2 million during the fourth quarters of 2019 and 2018, respectively.On December 20, 2019, the Company entered into an agreement to sell the assets of its two Hawaii Public Utilities Commission (“PUC”) regulated subsidiaries, Kapalua Water...

TORONTO, March 02, 2020 (GLOBE NEWSWIRE) — Captor Capital Corp. (CSE: CPTR; FRANKFURT: NMV; STUTTGART: NMVA; USOTC: CPTRF), (“Captor” or the “Company”), an integrated cannabis company, today released its interim financial statements and quarterly MD&A for the three months ended December 31, 2019.The past 12 months have seen the Company successfully navigate several challenges, which include completing a change in business to become a cannabis operating company, redefining its operating strategy for the near and long term and concluding the onerous regulatory framework process to complete its acquisitions. The company is now focused on maximizing revenues and profit margins at its CHAI Cannabis Co. dispensary network, while moving closer towards profitability at a corporate level by continuing the drive...

TORONTO, March 02, 2020 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today announced that the Toronto Stock Exchange has accepted a notice filed by Clairvest of its intention to make a new normal course issuer bid (“NCIB”). Clairvest’s current NCIB expires on March 6, 2020.  The notice provides that the Corporation may, during the 12-month period commencing March 7, 2020 and ending March 6, 2021, purchase on The Toronto Stock Exchange up to 759,984 common shares in total, being approximately 5% of the outstanding common shares. The average daily trading volume for the six months ending February 28, 2020 was 651 common shares.  Daily purchases will be limited to 1,000 common shares, other than block purchase exceptions.  Any shares purchased will be cancelled.  The price which the Corporation will pay for any such shares will...

NOT FOR DISTRIBUTION TO NEWSWIRE SERVICES IN THE UNITED STATES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWSTORONTO, March 02, 2020 (GLOBE NEWSWIRE) — MPX International Corporation (“MPX International”, “MPXI” or the “Company”) (CSE:MPXI; OTCQX:MPXOF) today reports financial results for its first quarter, the three month period ended December 31, 2019. All figures are presented in Canadian dollars unless otherwise indicated.Recent Highlights:  Completed definitive agreements to establish high quality, low cost production centre in South AfricaUpgraded to the OTCQX Best Market, providing potential for increased exposure to US investors and liquidityMPXI accelerated the acquisition of the remaining 80% interest of (“KAAJENGA Cannabis”)...

NEW YORK, March 02, 2020 (GLOBE NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company”) will release its financial results for the year ended December 31, 2019 on Friday March 6th, 2020 before the markets open. The Company will host a conference call on Monday, March 9, 2020 at 2:30 pm Eastern Time.To access the call please dial (866) 757-5630 approximately 10 minutes prior to the start of the conference call. No password is required. A live audio webcast of the conference call can be accessed via the Internet, on a listen-only basis on our Company’s website www.portmanridge.com in the Investor Relations section under Events. The online archive of the webcast will be available after 7pm Eastern Time for approximately 90 days.

DUBAI, United Arab Emirates, March 02, 2020 (GLOBE NEWSWIRE) — International General Insurance Holdings Limited (“IGI” or the “Company”) today reported preliminary condensed unaudited financial results for the full year 2019.Highlights of full year 2019 unaudited results include:Reported IFRS profit after tax of $23.5 million for the year ended December 31, 2019, compared to $25.5 million for the year ended December 31, 2018Net written premiums of $252.1 million for the year ended December 31, 2019, compared to $203.4 million for the year ended December 31, 2018, reflecting year over year growth of 24%Total investment income, Net, of $10.7 million for the year ended December 31, 2019, compared to $9.1 million for the year ended December 31, 2018Increase in total book value per share to $2.33 at December 31, 2019 compared to $2.21...

SAN ANTONIO, Fla., March 02, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (Nasdaq:LGIH) today announced its entrance into the master-planned community of Mirada, located in San Antonio, Florida. At the grand opening event on Mar. 28, 2020, LGI will unveil a brand-new set of luxury townhomes.New homeowners in the amenity-rich community of Mirada will experience resort-style living right in their neighborhood. The 15-acre Crystal Lagoon® serves as a focal point for various recreational water activities such as kayaking and swimming. In addition, families will enjoy the outdoors even more with the abundant open green space found in the community’s walking and biking trails, tot lot and dog park. A clubhouse with a fitness center will also be available for use by Mirada homeowners.At Mirada, LGI Homes is constructing move-in ready townhomes...