Day: April 1, 2020

QUESTOR TECHNOLOGY INC. HIGHEST ANNUAL REVENUE AND EARNINGS IN COMPANY HISTORY 

CALGARY, Alberta, April 01, 2020 (GLOBE NEWSWIRE) — Questor Technology Inc. (“Questor” or the “Company”) (TSX-V: QST) announced today its financial and operating results for the year ended December 31, 2019.2019 FINANCIAL HIGHLIGHTS SUMMARY(Stated in Canadian dollars except shares outstanding)(1) Weighted average shares outstanding during the year.Questor’s Audited Consolidated Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2019 is available on the Company’s website at www.questortech.com and through SEDAR at www.sedar.com.PRESIDENT’S MESSAGEI am pleased to report that 2019 was another successful year for Questor and the team has delivered strong results with the highest yearly revenue and earnings in the Company’s 25-year history. Our revenue, $30.2 million, increased by 29% or $6.7...

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MESA LABS DECLARES QUARTERLY DIVIDEND

LAKEWOOD, Colo, April 01, 2020 (GLOBE NEWSWIRE) — Mesa Laboratories, Inc. (NASDAQ:MLAB) (we, us, our, “Mesa” or the “Company”) today announced that its Board of Directors has declared a regular quarterly dividend of $0.16 per share of common stock.  The dividend will be payable on June 15, 2020, to shareholders of record at the close of business on May 29, 2020.About Mesa Laboratories, Inc.Mesa is a global technology innovator committed to solving some of the most critical quality control challenges in the pharmaceutical, healthcare, industrial safety, environmental and food and beverage industries.  Mesa offers products and services through four divisions (Sterilization and Disinfection Control, Biopharmaceutical Development, Instruments and Cold Chain Monitoring) to help our customers ensure product integrity, increase patient and...

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Sonnet BioTherapeutics Holdings Announces Merger Closing

– Trading under “SONN” on the Nasdaq Capital Market to begin April 2, 2020– Closed $19 million financingPRINCEON, N.J., April 01, 2020 (GLOBE NEWSWIRE) — Sonnet BioTherapuetics Holdings, Inc., (Nasdaq: SONN), formerly known as Chanticleer Holdings, Inc., (the “Company”), a biopharmaceutical company developing innovative, targeted biologic drugs with enhanced single or bispecific mechanisms of action, today announced that its merger with Sonnet BioTherapeutics, Inc. (“Sonnet”) closed April 1, 2020. The combined company will operate under the name Sonnet BioTherapeutics Holdings, Inc., and its shares will commence trading on the Nasdaq Capital Market on April 2, 2020, under the ticker symbol “SONN”.Pursuant to the merger, all of Sonnet’s outstanding shares of common stock and securities convertible into or exercisable...

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Natural Gas Services Group, Inc. Reports Fourth Quarter 2019 Earnings

Midland, April 01, 2020 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (NYSE:NGS), a leading provider of gas compression equipment and services to the natural gas and oil industry, announces its financial results for the three months and full year ended December 31, 2019. Financial results contained herein reflect the audited consolidated financial statements included in NGS’s Form 10-K that was filed on March 31, 2020.Revenue: Total revenue increased by 22% to $19.7 million for the three months ended in December 31, 2019 compared $16.2 million for the three months ended in December 31, 2018.  This increase was primarily due to 19% growth in rental revenue to $15.3 million from $12.8 million during the same periods.  Total revenue decreased slightly between consecutive quarters to $19.7 million in the fourth quarter of...

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NOVAGOLD Reports First Quarter 2020 Financial Results:

Safety First: NOVAGOLD Implements Strong COVID-19 Precautionary Measures at Both its Offices and with Barrick Gold at Donlin Gold Initiates Project Optimization Drill Program, Receives Multiple State Permits and Authorizations, and Maintains Strong Financial PositionIn order to minimize the risk posed by COVID-19, NOVAGOLD implemented a wide-ranging set of policies at its offices in Salt Lake City and Vancouver, and in conjunction with Barrick Gold Corp. (“Barrick”) at the Donlin Gold LLC (“Donlin Gold”) office in Anchorage and project site, designed to ensure the safety and wellbeing of all employees, contractors, and people associated with them.Three drill rigs were mobilized at the Donlin Gold site for the project’s largest drill program in 12 years with 80 holes planned totaling 22,000 meters to be drilled in the ACMA and Lewis deposit...

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Brookfield Renewable Announces Dividend Rate on its Series 1 & Series 2 Preference Shares

All amounts in Canadian dollars unless otherwise statedBROOKFIELD, News, April 01, 2020 (GLOBE NEWSWIRE) — Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) (“Brookfield Renewable”) today announced that Brookfield Renewable Power Preferred Equity Inc. (“BRP Equity”) has determined the fixed dividend rate on its Class A Preference Shares, Series 1 (“Series 1 Shares”) (TSX:BRF.PR.A) for the five years commencing May 1, 2020 and ending April 30, 2025.  If declared, the fixed quarterly dividends on the Series 1 Shares during that period will be paid at an annual rate of 3.137% ($0.196063 per share per quarter).Holders of Series 1 Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on April 15, 2020, to convert all or part of their Series 1 Shares, on a one-for-one basis, into Class A...

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NUTRITIONAL HIGH ANNOUNCES FINANCIAL RESULTS FOR SECOND QUARTER ENDED JAN 31, 2020

TORONTO, April 01, 2020 (GLOBE NEWSWIRE) — Nutritional High International Inc. (“Nutritional High” or the “Company“) (CSE: EAT, OTCQB: SPLIF) is pleased to announce its financial results and business update for the second quarter ended January 31, 2020.Q2 2020 Financial Highlights:    Revenue$3.1 million from the sale of cannabis related products, primarily generated from our distributor in California, Calyx Brands Inc. (“Calyx”).Q2 Revenue represents a decline of $3.5M vs prior quarter and $3.0M vs prior year, due to the termination of the distribution relationship between Calyx and a subsidiary of Plus Products Holdings Inc.   Despite this lost business, Calyx continues to have a strong retail footprint of 600+ dispensaries across California through which it distributes 11 brands. Management expects Calyx...

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BRP Group, Inc. Announces Acquisition of Insurance Risk Partners, LLC

TAMPA, Fla., April 01, 2020 (GLOBE NEWSWIRE) — BRP Group, Inc. (“BRP Group” or the “Company”) (NASDAQ: BRP), a rapidly growing independent insurance distribution firm delivering tailored insurance solutions, today announced that Baldwin Krystyn Sherman Partners, LLC, a subsidiary of BRP Group, has acquired substantially all assets of Insurance Risk Partners, LLC (“IRP”), an Oklahoma City-based provider of P&C insurance and additional consulting services.  IRP generated annual revenues of approximately $7.0 million.IRP was formed in 2016 by industry veterans Paul and David Brown, and Patrick Truhlar, who have decades of insurance industry experience.  Since its inception, IRP has been known by clients and industry partners for their technical approach to risk management and insurance placements that supports its fundamental...

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R1 Completes Acquisition of SCI Solutions

CHICAGO, April 01, 2020 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ:RCM), a leader in technology-enabled revenue cycle management (RCM) services to healthcare providers, today announced it has completed the acquisition of SCI Solutions, Inc. (SCI).The combination of R1 and SCI is expected to deliver enhanced value for healthcare providers by enabling them to expand digital front door strategies for their patients, improve operating efficiency, and increase capacity utilization, among other benefits. R1 has made substantial progress toward the planning of a successful integration and anticipates integration efforts to begin shortly.“We are pleased to complete the acquisition of SCI and look forward to building on the advanced capabilities they have developed,” said Joe Flanagan, President and CEO of R1. “With this combination, we believe...

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Capital Power completes acquisition of Buckthorn Wind and receives tax equity financing for Cardinal Point Wind

EDMONTON, Alberta, April 01, 2020 (GLOBE NEWSWIRE) — Capital Power Corporation (“Capital Power” or the “Company”) (TSX: CPX) announced today that it has successfully completed the acquisition of Buckthorn Wind from private investors. Buckthorn Wind is a 100.5 megawatt wind facility that is located in Erath County, approximately 60 miles south of Dallas, Texas and began commercial operations in January 2018.The equity purchase price will be in the range of US$60 million to US$69 million pending the realization of future market performance, and Capital Power is stepping into a tax equity partnership with a tax equity balance of US$68 million. The acquisition of Buckthorn Wind was previously announced on March 16, 2020 and was 100% debt financed.On March 16, 2020, Capital Power’s Cardinal Point Wind project began commercial operations...

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