Day: May 20, 2020
Boca Raton, Florida, May 20, 2020 (GLOBE NEWSWIRE) — Nano Dimension Ltd. (Nasdaq: NNDM), a leading Additively Manufactured Electronics (AME)/PE (Printed Electronics) provider, today announced it has entered into definitive agreements with investors for the purchase and sale of 17,950,000 of the Company’s American Depositary Shares (“ADSs”) at a price of $2.00 per ADS pursuant to a registered direct offering. The gross proceeds of the offering will be approximately $35.9 million, before deducting placement agent fees and other estimated offering expenses. The Company intends to use the net proceeds for working capital and for other general corporate purposes. The closing of the registered direct offering is expected to take place on or about May 22, 2020, subject to the satisfaction of customary closing conditions.ThinkEquity, a...
Fortuna Silver Mines Closes US$69 Million Bought Deal Equity Financing Including Full Exercise of Over-Allotment Option
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VANCOUVER, British Columbia, May 20, 2020 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna” or the “Company”) announces the closing of its previously announced bought deal equity offering (the “Offering”). A total of 23,000,000 common shares (the “Shares”) were issued at a price of US$3.00 per Share for gross proceeds to the Company of US$69,000,000, which includes the exercise, in full, of the over-allotment option of an additional 3,000,000 Shares.The Offering was conducted through a syndicate of underwriters led by Scotiabank and BMO Capital Markets, and including PI Financial, CIBC Capital Markets and National Bank Financial.The Offering was completed by way of prospectus supplement to the Company’s final base shelf prospectus dated April 29, 2020, filed in each of the provinces of Canada, except...
Progressive Reports April 2020 Results
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MAYFIELD VILLAGE, OHIO, May 20, 2020 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for April 2020: See Progressive’s complete monthly earnings release, including the “Monthly Commentary,” for additional information.About ProgressiveThe Progressive Group of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can reach us whenever, wherever and however it’s most convenient – online at progressive.com, by phone at 1-800-PROGRESSIVE, on a mobile device or in-person with a local agent.Progressive provides insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes; it is the third largest auto insurer in the country, a leading seller of motorcycle and commercial...
Plato Gold Reports on First Quarter Results
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TORONTO, May 20, 2020 (GLOBE NEWSWIRE) — Plato Gold Corp. (TSX-V: PGC) (“Plato” or the “Company”), an exploration company with a portfolio of properties in Northern Ontario and Santa Cruz, Argentina is pleased to report the three months financial results for fiscal 2020 and 2019, as summarized below:For full details, please visit us at www.platogold.com.About Plato Gold Corp.Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange with projects in Marathon Ontario, Timmins Ontario and Santa Cruz, Argentina.The Good Hope Niobium Project consists of a total of 254 claims, consisting of 227 Single Cell Mining Claims and 27 Boundary Cell Mining Claims, and covers an area of approximately 5,146 hectares in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon Ontario. Plato holds 100% interest...
Clear Blue Technologies International to Report Fiscal 2020 First Quarter Financial Results and Host Conference Call on Thursday, May 28, 2020
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TORONTO, May 20, 2020 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (‘Clear Blue’ or the ‘Company’) (TSXV: CBLU) (FRANKFURT: 0YA), the Smart Off-Grid™ company, today announced that it will report financial results for its first quarter of fiscal 2020 on Thursday, May 28, 2020, before the market opens. Clear Blue will host a conference call that same day, at 11:00 a.m. Eastern Time, to review the Company’s performance and answer questions. Those interested can register at:https://zoom.us/webinar/register/WN_sG3jLx3iR1GIcaoRw5xz4QAbout Clear Blue Technologies InternationalClear Blue Technologies International, the Smart Off-Grid™ company, was founded on a vision of delivering clean, managed, “wireless power” to meet the global need for reliable, low-cost, solar and hybrid power for lighting, telecom, security,...
PSYC Begins Assembling Team for Original Content Creation
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SAN DIEGO, May 20, 2020 (GLOBE NEWSWIRE) — Global Trac Solutions, Inc. (OTCPink: PSYC) (“Global” “PSYC” or the “Company”) is pleased to announce that, in connection with the Company’s ongoing initiative to develop and establish a dynamic resource marketplace for the rapidly expanding medicinal psychedelics sector, it has kicked-off efforts to begin assembling a team of talented and experienced professionals. As part of this effort, the Company is pleased to welcome Mr. Kent Sligh of San Diego, CA to its content development team, with whom PSYC will begin collaborating for the development of original content for its forthcoming Psychedelic Spotlight website and newsletter.Mr. Sligh comes to PSYC as a proficient writer with a strong background in journalism. Additionally, he has had an impressive artistic career that includes standup...
Premier Health Reports 44% Increase in Revenue for First Half of FY2020
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MONTRÉAL, May 20, 2020 (GLOBE NEWSWIRE) — Premier Health of America Inc. (formerly known as Physinorth Acquisition Corporation Inc.) (TSXV: PHA) (the “Corporation”), a leading Canadian Healthtech company, announces it has filed its interim consolidated financial statements and interim MD&A for its fiscal second quarter ended March 31, 2020.Summary44% increase in revenue attributed to long-term contract renewal, recent change in Quebec legislation, and increased number of hours billed due to COVID-19.Increase in average gross margin to 24.7% attributed to more efficient geographical allocation of resources and the accounting of the full operational impact of the Excel Santé acquisition.“The COVID-19 pandemic which has hit Canada hard had a positive immediate impact on the company’s operations and results as we worked together...
Sigma Labs Inc. Discussed in Editorial on Manufacturing Innovations
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New York, May 20, 2020 (GLOBE NEWSWIRE) — via NetworkWire — Sigma Labs Inc. (NASDAQ: SGLB) 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, “3D Printing Plays Vital Role in New Normal,” visit http://nnw.fm/SC46x.COVID-19 has disrupted every aspect of life, accelerating changes in everything from simple daily tasks to traditional key business models; citizens worldwide are preparing for a new normal. In addition to vast social ramifications, the fallout from the COVID-19 pandemic has exposed the fragility and complicated nature of both manufacturing and supply chains as well as their susceptibility to disruption from...
Viking Energy Group Announces Record Q1 Results
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Revenues of $11.79 MillionAdjusted non-GAAP – EBITDA of $6.75 MillionHOUSTON, TX, May 20, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Viking Energy Group, Inc. (OTCQB: VKIN) (“Viking” or the “Company”), an independent exploration and production company focused on acquiring, enhancing and developing oil and natural gas properties in the onshore Gulf Coast and Mid-Continent regions, announced on May 15, 2020 financial results for the quarter ended March 31, 2020.Key Financial Highlights for Q1 2020 (all figures are approximate): Revenues were $11.79 million as compared to $9.35 million in Q-1 2019.Adjusted EBITDA was $6.75 million, as calculated by the Company below, as compared to $5.72 million in Q-1 2019.Revenue in excess of lease operating costs increased to $8.03 million, as compared to $6.75 million in Q-1...
National Storm Recovery, Inc. (NSRI) Completes Major Upgrades at Key Production Facility, Further Increasing Production by 20%
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ORLANDO, Fla., May 20, 2020 (GLOBE NEWSWIRE) — National Storm Recovery Inc. (OTC: NSRI) (“NSRI” or the “Company”), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announces that it has completed the upgrade of key machineries at one of its biggest production facilities, located in Callahan, Florida, thus significantly increasing volume output at the facility. This major achievement follows another milestone for the Company, as NSRI recently celebrated the opening of its flagship facility in central FloridaThe Callahan facility has been producing mulch and bark products since 1989. In order to increase efficiency and production, the Company has upgraded the facility with a new dryer system and replaced a two flail debarker with a three flail debarker, overall increasing bark production...