Month: April 2020

BRP Announces Additional Measures to Manage COVID-19 Impact

Written by Customer Service on April 15, 2020. Posted in Public Companies.

VALCOURT, Quebec, April 15, 2020 (GLOBE NEWSWIRE) — BRP Inc. (TSX:DOO; NASDAQ:DOOO) has announced a series of additional measures in light of the COVID-19 pandemic. After slowing down and temporarily suspending manufacturing at all our powersports and marine operations sites around the world, we are taking additional actions, including cost-containment measures and changes in employee compensation to protect our financial flexibility and long-term growth.“These are challenging and unpredictable times. We are taking all the necessary decisions to protect our employees, ensure BRP’s long-term growth and be ready to react quickly should the markets recover faster than expected,” commented José Boisjoli, President and CEO of BRP.“We entered this crisis from a strong position, with significant market share and financially solid. And...

BRP annonce des mesures supplémentaires afin de gérer l’impact de la COVID-19

Written by Customer Service on April 15, 2020. Posted in Public Companies.

VALCOURT, Québec, 15 avr. 2020 (GLOBE NEWSWIRE) — BRP Inc. (TSX: DOO; NASDAQ: DOOO) a annoncé une série de mesures supplémentaires dans le contexte de la pandémie de COVID-19. Après avoir ralenti et suspendu temporairement nos opérations manufacturières des groupes sports motorisés et marins de tous nos sites à travers le monde, nous prenons des mesures supplémentaires, notamment des mesures de réduction des coûts ainsi que des changements au niveau de la rémunération des employés, afin de protéger notre flexibilité financière et notre croissance à long terme.« Il s’agit de moments difficiles et imprévisibles. Nous prenons toutes les décisions nécessaires afin de protéger nos employés, assurer la croissance à long terme de BRP et être prêts à réagir rapidement si les marchés devaient récupérer plus vite que prévu », a déclaré José...

Energy Fuels Recognized in Publication Describing the Future of U.S. Uranium Production

Written by Customer Service on April 15, 2020. Posted in Public Companies.

NEW YORK, April 15, 2020 (GLOBE NEWSWIRE) — — via NetworkWire —Energy Fuels. Inc. (NYSE: UUUU) (TSX: EFR), the leading producer of uranium in the U.S., today announces its placement in an editorial published by NetworkNewsWire (“NNW”), one of 40+ brands in the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities.To view the full publication, “America’s Supply Chains in Jeopardy,” visit: http://nnw.fm/jdD3AThe U.S. is by far the largest consumer of uranium in the world, yet we import nearly all our uranium from state-owned and subsidized foreign sources, squeezing domestic suppliers and putting the U.S. supply chain in jeopardy. Uranium is designated by the U.S. government as vital to the nation’s security and economic prosperity, and the Department...

Cannabis Strategic Ventures to Launch its Own Cannabis Brand

Written by Customer Service on April 15, 2020. Posted in Public Companies.

LOS ANGELES, April 15, 2020 (GLOBE NEWSWIRE) — via NetworkWire – Cannabis Strategic Ventures (OTCQB:NUGS) (“NUGS” or the “Company”), an emerging leader in the U.S. cannabis marketplace, is excited to announce the upcoming launch of the Company’s cannabis brand. The Company expects to begin selling branded cannabis products this quarter.Management anticipates a 125%-150% jump in pricing for sales of branded versus white label cannabis.“Moving a substantial percentage of our grow capacity into branded product sales will have a significant positive impact on sales growth and ROI,” noted Simon Yu, CEO of Cannabis Strategic Ventures.The Company is already working closely with distributors to lay a foundation for an immediate market presence. This includes the cultivation of a formal relationship with one of the fastest growing cannabis...

Rio2 Executing on Fenix Gold Optimization Plans With the Purchase of Strategic Infrastructure

Written by Customer Service on April 15, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, April 15, 2020 (GLOBE NEWSWIRE) — Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) today announces that it has completed the strategic acquisition of Compañía Minera Paso San Francisco S.A. (“MPSF”). MPSF owns strategic mining infrastructure and facilities located adjacent to Rio2’s Fenix Gold Project in Chile.MPSF has been acquired by Rio2 for USD 1.5 million cash from Inversiones Alxar S.A. (“Alxar”), a subsidiary of Empresas Copec S.A., a large Chilean industrial conglomerate.The existing MPSF processing plant was established in the early 1990s by a previous owner to process gold and silver ore from the nearby Can-Can, Arqueros and Caique mines. Processing of ore from those mines ceased in 2005 and between 2008 and 2013, the plant reprocessed the tailings produced from previous...

Biomerica Announces Third Quarter Financial Results

Written by Customer Service on April 15, 2020. Posted in Public Companies.

IRVINE, Calif., April 15, 2020 (GLOBE NEWSWIRE) — Biomerica, Inc. (Nasdaq: BMRA) today reported net sales of $3,967,712 for the nine months ending February 29, 2020, compared to $4,034,822 for the period ended February 28, 2019. Sales for the three months ending February 29, 2020 were $1,176,889 compared to $1,261,161 for the period ended February 28, 2019.Net loss for the three months ended February 29, 2020 was $860,926 compared to a net loss of $678,746 during the three months ended February 28, 2019. For the nine months ended February 29, 2020, the Company reported a net loss of $1,852,482 compared to net loss of $1,607,730 for the nine months in the previous fiscal year. The quarter ended February 29, 2020 included a $157,939 non-cash stock option related expense.Since the Company’s third quarter ended February 29, 2020,...

Extendicare Announces April 2020 Dividend of C$0.04 per Share

Written by Customer Service on April 15, 2020. Posted in Dividend Reports And Estimates.

MARKHAM, Ontario, April 15, 2020 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.04 per common share of the Company (the “Common Share”) for the month of April 2020, which is payable on May 15, 2020 to shareholders of record at the close of business on April 30, 2020. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada).About ExtendicareExtendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, Esprit Lifestyle, ParaMed, Extendicare Assist, and SGP Purchasing Partner Network brands. We are committed to delivering quality care throughout the health continuum to meet the needs of a growing seniors population. We operate or provide contract services...

Xebec Announces Q4 and Full Year 2019 Financial Results

Written by Customer Service on April 15, 2020. Posted in Earnings Releases And Operating Results.

MONTREAL, April 15, 2020 (GLOBE NEWSWIRE) — Xebec Adsorption Inc. (TSXV: XBC) (“Xebec”), a global provider of clean energy solutions announced today its 2019 fourth quarter and twelve-month period results, with the following highlights:Record revenues of $13.6 million in the fourth quarter of 2019 compared to $6.1 million for the same period in 2018, a 123% increase.Positive EBITDA at $1.4 million for the fourth quarter 2019 compared to ($0.8) million for the same period in 2018.Net loss of ($0.5) million or ($0.01)/share for the fourth quarter 2019, compared to a net loss of ($1.0) million or ($0.02)/share for the same period in 2018. Quarterly earnings were negatively impacted by significantly higher amortization & depreciation, audit, recruiting and consulting expenses.Working capital increased to $36.9 million...

Xebec annonce les résultats financiers du 4e trimestre et de l’année 2019

Written by Customer Service on April 15, 2020. Posted in Earnings Releases And Operating Results.

MONTRÉAL, 15 avr. 2020 (GLOBE NEWSWIRE) — Xebec Adsorption Inc. (TSXV : XBC) (« Xebec »), fournisseur mondial de solutions d’énergie propre, a annoncé aujourd’hui ses résultats du quatrième trimestre de 2019 et de la période de douze mois avec les faits saillants suivants :Revenus records de 13,6 M$ pour le quatrième trimestre de 2019 comparativement à 6,1 M$ pour la même période en 2018, ce qui correspond à une augmentation de 123 %.Un BAIIA positif de 1,4 M$ pour le quatrième trimestre de 2019 comparativement à 0,8 M$ pour la même période en 2018.Une perte nette de 0,5 M$ ou 0,01 $ par action pour le quatrième trimestre de 2019, comparativement à une perte nette de 1,0 M$ ou 0,02 $ par action pour la période correspondante en 2018. Le bénéfice trimestriel a subi l’impact négatif d’une forte augmentation des frais d’amortissement...

GCP Applied Technologies Provides Expected Results for First Quarter 2020

Written by Customer Service on April 15, 2020. Posted in Earnings Releases And Operating Results.

1Q20 Adjusted EPS* expected to increase

Month: April 2020

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