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Month: May 2020

Aura Minerals Provides Operational and Financial Update Amid Covid-19

ROAD TOWN, British Virgin Islands, May 29, 2020 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (“Aura” or the “Company”) today provided an update regarding its operations and financial performance  in light of the ongoing global COVID-19 pandemic (the “Pandemic”).Operations at San Andres and AranzazuAt the Company’s San Andres mine, and as previously announced, mining operations were interrupted pursuant to orders of the Honduran government in response to the Pandemic and Aura has reduced its workforce to the minimum in order to maintain tailings and continue to satisfy environmental requirements in connection with operations and other critical activities at the mine. On May 26, 2020, as part of the Honduran government’s efforts to reopen the economy , Minerales de Occidente, S.A. de C.V., the Company’s subsidiary which owns the...

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Operational and financial stability are priorities of Olainfarm Group

Sales and profit in the 1st quarter of 2020 were lower than a year ago due to extraordinary revenues at the end of 2019.During the 1st quarter of 2020 EBITDA was EUR 4.581 million and EBITDA margin was 14 %.During the reporting period profit reached EUR 2.113 million and was negatively affected by volatility in currency rates.Successful operations allowed to accumulate EUR 20.192 million in cash that will ensure stable operations and development.“The first quarter of the year has been a dynamic time in which business in Latvia and in the world have had many challenges. Today, business resilience is crucial – how to safeguard employees and the company as a whole, effectively overcoming the challenges of this crisis and continuing the company’s success. Olainfarm is ready for these challenges – we have maintained the set revenue and net...

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Olainfarm grupas prioritātes – operacionālā un finanšu stabilitāte

Grupas apgrozījums un peļņa 2020. gada 1. ceturksnī bija zemāka, salīdzinājumā ar gadu iepriekš, papildu pārdošanas apjomu 2019. gada beigās dēļ.Grupas EBITDA rādītājs 1. ceturksnī bija 4,581 milj. EUR un EBITDA rentabilitāte bija 14 %.Grupas pārskata perioda peļņa sasniedza 2,113 milj. EUR un to negatīvi ietekmēja valūtas kursu svārstības.Sekmīga Grupas operacionālā darbība palīdzēja uzkrāt 20,192 milj. EUR naudas līdzekļu, kas nodrošinās stabilu darbību un attīstību.“2020. gada pirmais ceturksnis bijis dinamisks laiks, kurā uzņēmējdarbībai Latvijā un pasaulē bijuši daudz izaicinājumu. Šobrīd uzņēmējdarbības noturībai ir izšķiroša nozīme –, kā pasargāt darbiniekus un uzņēmumu kopumā, efektīvi pārvarot šīs krīzes izaicinājumus un turpinot uzņēmuma sekmīgu darbību. “Olainfarm” šiem izaicinājumiem ir gatavs – mēs esam saglabājuši sākotnējo...

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ESO preliminary financial results for 4 months of 2020

Energijos Skirstymo Operatorius AB (hereinafter – ESO or the Company), identification code 304151376, registered office located at Aguonų g. 24, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by the Company is 894 630 333; ISIN code LT0000130023.Preliminary ESO financial data for 4 months of 2020Revenue of the electricity and natural gas distribution company ESO totaled EUR 166.2 million in 4 month of 2020 and increased by 11.2% compared to the 4 months of 2019, when it was EUR 149.6 million.Positive impact on the Company’s revenue compared to the previous reporting period had on average 11 per cent higher price of power distribution service, which is comprised of power transmission, distribution and public service obligations (PSO) components and is approved by the regulating authority.During 4...

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Preliminarūs ESO 2020 m. 4 mėnesių rezultatai

AB „Energijos skirstymo operatorius“ (toliau – ESO ar Bendrovė), kodas 304151376, registruotos buveinės adresas Aguonų g. 24, Vilnius. Bendras AB „Energijos skirstymo operatorius“ išleistų paprastųjų vardinių akcijų skaičius yra 894 630 333; ISIN kodas – LT0000130023.2020 metų 4 mėnesių preliminarūs ESO finansiniai duomenysElektros ir gamtinių dujų skirstymo bendrovės ESO pajamos 2020 m. per 4 mėnesius sudarė 166,2 mln. eurų ir buvo 11,2% didesnės nei tokiu pat metu pernai, kai jos siekė 149,6 mln. eurų.Teigiamos įtakos Bendrovės pajamoms, lyginant su ankstesniu ataskaitiniu laikotarpiu, turėjo reguliuojančios institucijos patvirtinta vidutiniškai 11 proc. didesnė elektros energijos persiuntimo paslaugos, kurią sudaro elektros perdavimo, skirstymo ir viešuosius interesus atitinkančių paslaugų (VIAP) dedamosios, kaina.Per 2020 m. 4 mėnesius...

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Northrim BanCorp, Inc. Declares Quarterly Cash Dividend of $0.34 per Share

ANCHORAGE, Alaska, May 29, 2020 (GLOBE NEWSWIRE) — Northrim BanCorp, Inc. (NASDAQ: NRIM) today announced that the Board of Directors declared a regular quarterly cash dividend of $0.34 per share.  The dividend will be payable on June 19, 2020, to shareholders of record at the close of business on June 11, 2020.“Our Northrim franchise remains strong.  We are committed to providing returns to our shareholders through dividends,” said Joe Schierhorn, President and CEO.  At the stock price of $25.52 per share at the close of the market on May 28, 2020, the current dividend equates to a yield of 5.33% on an annualized basis.On April 27, 2020, Northrim reported earnings of $1.0 million, or $0.16 per diluted share, for the first quarter of 2020, highlighted by loan and deposit growth in the community banking segment but partially off-set...

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Cronos Group Inc. Announces Conference Participation for June 2020

TORONTO, May 29, 2020 (GLOBE NEWSWIRE) — Cronos Group Inc. (“Cronos Group” or the “Company”), an innovative global cannabinoid company, today announced that Mike Gorenstein, Chairman, President and Chief Executive Officer, will speak at two upcoming investor conferences:Piper Sandler 40th Annual (Virtual) Consumer Marketplace Conference on Thursday, June 4, 2020 at 3:45 p.m. EDT.Stifel 2020 Virtual Cross Sector Insight Conference on Tuesday, June 9, 2020 at 4:40 p.m. EDT.The webcasts will be available on the Investors section of the Company’s website at ir.thecronosgroup.com/events-presentations.About Cronos Group Inc.Cronos Group is an innovative global cannabinoid company with international production and distribution across five continents. Cronos Group is committed to building disruptive intellectual property by advancing cannabis...

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BriaCell Presents Clinical Findings at 2020 American Society of Clinical Oncology (ASCO) Meeting

Preliminary safety and efficacy data is being presented on May 29 at 9:00 a.m. ET from the clinical trials of Bria-IMT™ alone or in combination with immune checkpoint inhibitors in advanced breast cancer:Lead candidate, Bria-IMT™, with or without a PD-1 inhibitor, showed no serious side effects and resulted in clinical responses in heavily pre-treated patients with metastatic breast cancer.Women with “moderately” or “well” differentiated tumors showed a higher rate of disease control and clinical benefit than those with poorly differentiated tumors.Combination of Bria-IMT™ with pembrolizumab (KEYTRUDA®; by Merck & Co., Inc.) showed disease control in 3 of 3 (100%) patients with “moderately” differentiated tumors even in the absence of “HLA Matching”.Bria-IMT™ in combination with INCMGA00012 (from Incyte Corporation): data from first...

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EnWave Announces 2020 Second Quarter Consolidated Interim Financial Results

VANCOUVER, British Columbia, May 29, 2020 (GLOBE NEWSWIRE) — EnWave Corporation (TSX-V:ENW | FSE:E4U) (“EnWave”, or the “Company”) today reports the Company’s consolidated interim financial results for the second quarter ended March 31, 2020.EnWave’s interim consolidated financial statements and MD&As are available on SEDAR at www.sedar.com and on the Company’s website www.enwave.net.Key Financial Highlights for Q2 (expressed in ‘000s):Revenue from EnWave in Q2 2020 was $2,169 compared to $2,009 in Q2 2019, an increase of $160 or 8%. The increase in revenue was due to higher Radiant Energy Vacuum (“REVTM”) machinery sales primarily in the food vertical.Revenue from NutraDried in Q2 2020 was $5,323 compared to $6,764 in Q2 2029, a decrease of $1,441 or 21%. NutraDried revenues were downwardly impacted by fewer rotations...

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Heartland BancCorp Elects Jim Heimerl and Jack Kenkel to Board

WHITEHALL, Ohio, May 29, 2020 (GLOBE NEWSWIRE) — Heartland BancCorp, (OTCQX: HLAN), parent company of Heartland Bank, today announced that at the Company’s annual meeting, James R. ‘Jim’ Heimerl and John G. ‘Jack’ Kenkel were duly elected as directors of the company, effective May 19, 2020. These individuals were also appointed to the Board of Directors of Heartland Bank in March 2020.“Board composition is one of the most important decisions a bank can make. We strive to have industry and geographic representation to further mitigate risk and expose the bank to new fields of business and efficiencies in existing businesses. Both Mr. Heimerl and Mr. Kenkel provide that expertise in their respective fields and will make excellent additions to the boards of directors,” said G. Scott McComb, Chairman and Chief Executive Officer.Heimerl...

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