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Day: April 28, 2020

OMA Announces First Quarter 2020 Operating and Financial Results

MEXICO CITY, April 28, 2020 (GLOBE NEWSWIRE) — Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (NASDAQ: OMAB; BMV: OMA), today reported its unaudited, consolidated financial and operating results for the first quarter 2020. 1Q20 SummaryPassenger traffic decreased 4.9%, reaching 4.9 million passengers and has been affected as of the second half of March due to the measures implemented because of the health emergency caused by the SARS-CoV2 virus pandemic (“COVID-19”). See section ”COVID-19 update” in this report.Capital investments and major maintenance included in the Master Development Plans (MDPs) plus strategic investments were Ps. 220 million for the quarter.This report may contain forward-looking information and statements. Forward-looking statements are statements that are not historical...

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North Bud Farms Provides Corporate Update

TORONTO, April 28, 2020 (GLOBE NEWSWIRE) — North Bud Farms Inc. (CSE: NBUD) (OTCQB: NOBDF) (“NORTHBUD” or the “Company“) provides shareholders with the following corporate update:FinancingFurther to the Company’s press releases of January 27, 2020 and February 14, 2020, the Company continues to pursue the capital required to fund ongoing and proposed corporate initiatives.  Recent volatility in the overall public markets coupled with the reduction in market capitalization of cannabis companies that began last fall has exacerbated already difficult conditions in which management continues to pursue debt funding solutions secured by the Company’s Quebec-based licensed cannabis cultivation facility. The Company recently obtained a third-party appraisal as to the use and value of its facility at $6,000,000. This...

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Automotive Finco Corp. Files Audited Consolidated Financial Statements for the years ended December 31, 2019 and December 31, 2018

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.TORONTO, April 28, 2020 (GLOBE NEWSWIRE) — Automotive Finco Corp. (TSX-V: AFCC.V) (the “Company”) today announced that it has filed audited consolidated financial statements for the years ended December 31, 2019 and December 31, 2018.  The statements together with the Management Discussion and Analysis can be found on SEDAR at www.sedar.com.About Automotive Finco Corp.Automotive Finco Corp (“AFCC”) is a high growth specialty finance company focused exclusively on the auto retail sector. Through its investment in Automotive Finance LP, the Company has exposure to a business providing long term, debt based...

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Alphamin Announces Delay in Annual Filings and Reliance on COVID-19 Relief Measures

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE U.S.GRAND BAIE, Mauritius, April 28, 2020 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”) announced that it has been informed by its auditors that due to their additional risk assessment requirements related to the uncertainty created by the COVID-19 pandemic and their limitations on people movement, they are required to perform a further COVID-19 specific risk assessment on the Company and that they will not be in a position to sign the audit report in the financial statements by the filing deadline of April 29, 2020. The Company expects to file the annual filings on or prior to May 6, 2020.Accordingly, the Company will not file its audited financial statements and other annual filings under Canadian securities...

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Canadian Spirit Resources Inc. Announces Year End 2019 Financial Results

CALGARY, Alberta, April 28, 2020 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its financial results for the three and twelve months ended December 31, 2019 including the filing of its 2019 annual audited Financial Statements, Management Discussion and Analysis (“MD&A”), and Forms 51-101F1, F2 and F3.This news release summarizes information contained in the audited Financial Statements and MD&A for the year ended December 31, 2019 and should not be considered a substitute for reading these full disclosure documents, and the Forms 51-101F1, F2 and F3, which are available on SEDAR at www.sedar.com or the Corporation’s website at www.csri.ca.CSRI is a natural resources company focused on the identification and development of opportunities...

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Auxly Secures $25 Million Convertible Debenture Standby Financing and Closes Initial Tranche

TORONTO, April 28, 2020 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX.V: XLY) (OTCQX: CBWTF) (“Auxly” or the “Company”) is pleased to announce that it has entered into an investment agreement (the “Agreement”) with an institutional investor (the “Investor”) as a standby facility to provide the Company with access to additional capital. This provides the Company with the opportunity to sell, on a private placement basis, unsecured convertible debentures of the Company (collectively, the “Convertible Debentures”) in the principal amount of up to $25,000,000 (the “Offering“). The Convertible Debentures will be issuable in tranches at the request of the Company, as described in greater detail below.“Auxly’s focus on ‘Cannabis 2.0’ and our ability to execute on delivering a compelling portfolio of branded cannabis products...

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Maplewood International REIT Announces Special Meeting of Unitholders to Approve Termination of REIT and Reliance on Temporary Extension to Public Company Filing Deadline

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMISSISSAUGA, Ontario, April 28, 2020 (GLOBE NEWSWIRE) — Maplewood International Real Estate Investment Trust (the “REIT”), listed on the NEX board of the TSX Venture Exchange (the “TSXV”), announced today that it will file a management information circular (the “Circular”) in connection with a special meeting of unitholders of the REIT (the “Unitholders”) to be held on May 28, 2020, (the “Special Meeting”) to approve a special resolution of Unitholders with respect to the termination of the REIT pursuant to the terms of the REIT’s amended and restated declaration of trust dated September 9, 2013 (the “REIT Termination”). The REIT Termination will be more particularly described in the Circular, which is expected to be mailed to Unitholders...

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Orca Exploration Group Inc. Announces 2019 Year End Audited Financial Results

TORTOLA, British Virgin Islands, April 28, 2020 (GLOBE NEWSWIRE) — Orca Exploration Group Inc. (“Orca” or “the Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announces its audited financial results for the year ended December 31, 2019. All dollar amounts are in United States dollars unless otherwise stated.Revenue for 2019 increased by 48% to $85.6 million and 72% to $23.2 million for Q4 2019 over the comparable prior year period. The increases are primarily due to increased sales to the Tanzanian Electric Supply Company Limited (“TANESCO”), sales to the Tanzanian Production Development Corporation (“TPDC”) under the new long-term gas sales agreement (“LTGSA”), a greater percentage of profit share and a positive current income tax adjustment as a consequence of higher revenues....

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Timberland Bancorp Announces Second Fiscal Quarter Results

Net Income of $5.05 Million and EPS of $0.60Allowance for Loan Losses Increased 20%Return on Average Assets of 1.56%Return on Average Equity of 11.39%Announces $0.20 Quarterly Cash DividendHOQUIAM, Wash., April 28, 2020 (GLOBE NEWSWIRE) — Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or “the Company”) today reported net income of $5.05 million for the quarter ended March 31, 2020 compared to $6.11 million for the comparable quarter one year ago and $6.65 million for the preceding quarter.  Earnings per diluted common share (“EPS”) were $0.60 for the current quarter compared to $0.72 for the comparable quarter one year ago and $0.78 for the preceding quarter.  Net income for the quarter ended March 31, 2020 was reduced by a $2.00 million provision to the loan loss reserve due to the economic uncertainties associated with...

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Postponement of Q3 Interim Filings

VANCOUVER, British Columbia, April 28, 2020 (GLOBE NEWSWIRE) — Affinor Growers Inc. (“AFI” or the “Company”) (CSE:AFI, OTC:RSSFF, Frankfurt:1AF) announces a postponement in its Q3 Interim Filings.The filing of the Company’s unaudited interim financial statements (the “Financial Statements”) and corresponding management’s discussion and analysis (the “MD&A”) for the nine months ended February 29, 2020 are being postponed due to delays caused by the COVID-19 pandemic. Affinor is relying on the Blanket Exemption Order to postpone the filing of the Financial Statements required by section 4.2 of National Instrument 51-102 and the filing of the MD&A required by subsection 5.1(2) of National Instrument 51-102.The Company expects to file the Financial Statements and MD&A on SEDAR on or...

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