Day: May 14, 2020

CALGARY, Alberta, May 14, 2020 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) today announced the Company’s financial and operating results for the quarter ended March 31, 2020.  All dollar amounts herein are in Canadian Dollars.  Q1 Financial and Operating HighlightsKey financial and operational highlights for the first quarter include:The Company has received a total of US$8.4 million payments in cash from PE Energy Limited for the SFD® survey in Nigeria, including US$0.47 million in the first quarter of 2020.  The final payment of approximately $0.5 million USD is expected in the third quarter of 2020.Two SFD® recommendations, one in Nigeria and one in the Gulf of Mexico, have been drilled by independent third parties and have been confirmed as commercially successful.NXT...

EDMONTON, Alberta, May 14, 2020 (GLOBE NEWSWIRE) —HighlightsRental revenue was up 8% over Q1-2019 at $19.29 million;Net operating income grew 9% over Q1-2019 at $11.96 million;Adjusted cash flow from operations (ACFO) increased 7% to $4.97 million or $0.17 per unit in the quarter;Occupancy remained stable over Q4-2019 at 88%;Distributions of $0.05625 per trust unit were paid in January, February and March for an ACFO payout ratio of 99%Melcor REIT (TSX: MR.UN) today announced results for the first quarter ended March 31, 2020. Rental revenue was up 8% compared to the prior year. Net operating income increased 9% over the prior year to $11.96 million. ACFO was up 7% due to the 26%  increase in cash flows from operations and the actual payment of tenant incentives and direct leasing costs and we continue to renew current tenants and...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, May 14, 2020 (GLOBE NEWSWIRE) — Mega Uranium Ltd. (MGA: TSX) announces that it has entered into an agreement with NXGold Ltd. (“NX”) to grant to NX (following receipt by NX of the necessary conditional approvals of the TSX Venture Exchange) a two-year option to purchase Mega’s Ben Lomond uranium property located in Queensland, Australia (the “Ben Lomond Option”).  As consideration for the option grant, Mega will receive from NX $180,000 in cash, 900,000 common shares, 900,000 common share purchase warrants exercisable for an equal number of common shares (the shares and warrants are collectively referred to as the “Option Securities”, and the number of Option Securities assumes the completion of a 1-for-10 share consolidation...

GUADALAJARA, Mexico, May 14, 2020 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced the following:Pursuant to a resolution adopted by our board of directors, and in accordance with Articles 180, and 181 and other applicable articles of the Mexican General Corporations Law and Article 35 of the Company’s by-laws, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. invites its shareholders to the General Ordinary Shareholders’ Meeting on July 1, 2020 at 12:00 pm, in Salon Midtown 3 of the Hotel Hilton, located at Av. Adolfo López Mateos 2405-300, Col. Italia Providencia,  C.P. 44648, Guadalajara, Jalisco, Mexico, to discuss the following:ANNUAL GENERAL ORDINARY SHAREHOLDERS’ MEETINGMEETING AGENDAIn compliance with Article 28, Section IV of the Mexican Securities...

TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) (“CVG”) today announced that it, together with Clairvest Equity Partners VI (“CEP VI”) (together “Clairvest”), acquired the solar operations and maintenance (“O&M”) business of SunPower Corporation (NASDAQ: SPWR). Upon closing the business will be renamed NovaSource Power Services (“NovaSource” or the “Company”).NovaSource is a recognized O&M leader in commercial, industrial and utility scale solar projects. The transaction is part of Clairvest’s multi-year pursuit to create a market leading solar O&M platform through a ‘buy and build’ strategy. Clairvest is supporting the current leadership team of SunPower’s O&M division in a management buy-out, with the management team becoming material shareholders going forward. The SunPower O&M...

KITCHENER, Ontario, May 14, 2020 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (the “Company”), announced today that the nominees listed in the April 9, 2020 Notice of Meeting and Management Information Circular of the Company were elected as directors of the Company at the Annual General and Special Meeting held earlier today in Kitchener, Ontario (the “Meeting”). Detailed results of the vote for the election of directors and the appointment of auditors are set out below.Election of DirectorsAppointment of KPMG LLP as AuditorsChris Bitsakakis, President or Gren Schoch, CEO at 905-751-1188.AirBoss of America Corp. is a group of complementary businesses using compounding technology and engineering expertise to create value for its customers. With a capacity to process over 450 million turn pounds...

CALGARY, Alberta, May 14, 2020 (GLOBE NEWSWIRE) — Precision Drilling Corporation (“Precision”) announces that all resolutions considered by shareholders at its 2020 Annual and Special Meeting of Shareholders, held on May 14, 2020 (the “Annual Meeting”), have been approved.Shareholders approved the election of 8 board members (7 of whom are independent), with shares represented at the meeting voting in favour of individual directors as follows:About PrecisionPrecision is a leading provider of safe and High Performance, High Value services to the oil and gas industry. Precision provides customers with access to an extensive fleet of Super Series drilling rigs supported by an industry leading technology platform that offers innovative drilling solutions to deliver efficient, predictable and repeatable results through service differentiation....

LIMA, Peru, May 14, 2020 (GLOBE NEWSWIRE) — Minera IRL Limited (“Minera IRL” or the “Company”), (BVL:MIRL) (CSE:MIRL), announces that it has postponed the filing of its interim financial statements, management’s discussion and analysis and related documents for the three-month period ended March 31, 2020, due to logistics and delays caused by the COVID-19 pandemic.The Company is relying on exemptive relief recently granted by Canadian securities regulatory authorities that allows it to delay the filing of the interim financial statements and related documents required to be filed by May 15, 2020 pursuant to sections 4.4 and 5.1(2) of National Instrument 51-102, Continuous Disclosure Obligations (“NI 51-102”). In response to the coronavirus disease 2020 pandemic, securities regulatory authorities in Canada...

WINNIPEG, Manitoba, May 14, 2020 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce financial and operating results for the three-month period ending March 31, 2020.Financial Highlights for Q1, 2020:“We were fortunate to be able to maintain continuous operations of our retail stores, wholesale and business to business (“B2B”) business units throughout the COVID-19 crisis. This allowed Delta 9 to be one of the few cannabis companies in Canada to report positive net income and adjusted EBITDA results,” said John Arbuthnot, CEO of Delta 9. “Our company was able to generate increases in sequential quarterly revenue and strong performance in our retail and B2B segments and a general rebound in our wholesale business volumes and wholesale average selling prices.”Q1,...

New ClinCheck software moves digital treatment planning to the cloud for access anywhere, on any devicePowerful new tool aids digital treatment planning and helps patients visualize personalized treatment outcomes using their photos and 3D modelsSAN JOSE, Calif. and LONDON, May 14, 2020 (GLOBE NEWSWIRE) — Align Technology, Inc. (NASDAQ: ALGN) today introduced the latest version of its proprietary ClinCheck treatment planning software at the Invisalign Scientific Symposium, a fully digital event for Invisalign-trained orthodontists. ClinCheck software provides doctors with a 3D model of planned tooth movements throughout the Invisalign treatment. ClinCheck Pro 6.0 moves Invisalign digital treatment planning to the cloud, making its robust ClinCheck treatment planning tools and features available to doctors anytime, anywhere, on any...