Month: May 2020

MONTRÉAL and TORONTO, 14 mai 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourd’hui ses résultats pour le premier trimestre terminé le 31 mars 2020, les résultats du vote de l’assemblée annuelle, ainsi que la déclaration de la distribution du mois de juin 2020.Faits saillantsClôture d’une acquisition relutive de 3 propriétés industrielles en Saskatchewan pour un montant de 17 400 000 $ à un taux de capitalisation pondéré de 7,6% le 3 février 2020.Bénéfice d’exploitation net pour le trimestre de 9 773 635 $ en hausse de 836 814 $ ou 9,4% par rapport à 8 936 821 $ pour le premier trimestre de 2019.Flux de trésorerie liés à l’exploitation ajustés (mieux connu sous l’acronyme anglais de « AFFO ») normalisés par part pour le trimestre de 0,049 $, en hausse...

EMN pays final installment in Chvaletice Manganese Project purchaseEMN to present at Benchmark Mineral Intelligence World Tour OnlineVANCOUVER, British Columbia, May 14, 2020 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V / ASX: EMN) (the “Company” or “EMN“) is pleased to announce that it has issued the final tranche of common shares (“Shares“) in connection with the acquisition of its wholly-owned subsidiary which holds 100% of the rights to the Chvaletice Manganese Project, and that its President and CEO will be presenting online at the Benchmark Mineral Intelligence World Tour conference.Final Tranche of Shares Issued to Acquire Mangan Chvaletice s.r.o.On May 13, 2020, the Company issued 3,333,333 Shares to the founding shareholders of Mangan Chvaletice s.r.o. (“Mangan“) to satisfy...

Deadline for Unitholders to return their completed proxies or otherwise exercise their vote on the Transaction is Thursday, May 21, 2020 at 3:00 pm (Mountain Time)Deadline for electing the form of consideration under the Transaction extended to Friday, June 5, 2020 at 3:00 pm (Mountain Time)CALGARY, Alberta, May 14, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview” or the “REIT”) (NVU.UN – TSX), today provided Transaction and COVID-19 updates, and disclosed financial results for the three months ended March 31, 2020.Todd Cook, President and CEO, commented, “In the face of the COVID-19 pandemic, we are grateful for how the entire Northview team has responded by continuing to provide critical services to our residents safely and effectively. Our teams are going above and beyond while ensuring our...

SYDNEY, Australia, May 14, 2020 (GLOBE NEWSWIRE) — Asia Pacific’s demand for cloud-based as-a-service solutions soared to a new record in the first quarter, even as demand for managed services slumped in response to the coronavirus pandemic, according to the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.The ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of US $5 million or more, found Asia Pacific’s as-a-service market jumped 25 percent, to a record US $1.7 billion of ACV in the quarter, while managed services dropped 27 percent, to US $522 million. The two segments, combined, were up 8 percent, to US $2.2 billion. As-a-service accounted for more than 75 percent of the region’s combined...

TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) is pleased to announce an agreement in principle has been reached with BNP Paribas (“BNPP”), the Company’s senior lender, on deferral of debt payments, which should provide additional financial flexibility for a restart of the Sugar Zone Mine.The Company also announces it will postpone the filing of its interim financial statements and management’s discussion and analysis (“MD&A”) for the three-month period ended March 31, 2020 (“Q1 2020”).  The Company intends to rely on the blanket relief granted by Ontario Instrument 51-502 – Temporary Exemption from Certain Corporate Finance Requirements, which provides for up to a 45-day extension for periodic filings.  Management expects to file interim financial...

HOLLAND LANDING, Ontario, May 14, 2020 (GLOBE NEWSWIRE) — Inscape (TSX: INQ), a leading designer and manufacturer of furnishings for the workplace, is providing an update on the company’s response to the COVID-19 crisis.During the COVID-19 pandemic, Inscape’s primary focus has been the health and well-being of our employees while keeping the business moving forward and delivering products to our customers in need.The economic impact from COVID-19 on the global economy has been unprecedented. In anticipation of its impacts, Inscape took aggressive actions to minimize all non-essential spending while re-evaluating certain commitments to reduce the anticipated short-term impact to our cash flow. As part of this exercise, we also had to eliminate some full-time positions and temporarily furlough certain employees to achieve further...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, May 14, 2020 (GLOBE NEWSWIRE) — Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) is pleased to announce that it has oversubscribed and closed its previously announced non-brokered private placement offering of flow-through common shares (the “FT Shares”) at a price of $0.24 per FT Share (the “Offering”) (see news releases dated April 30 and May 1, 2020). Pursuant to the Offering, the Company issued 14,751,067 FT Shares for gross proceeds of $3,540,256.CEO Bradley Rourke commented: “Scottie Resources is pleased to receive the overwhelming support of existing shareholders and welcomes new shareholders in this financing, which fully funds the Company’s 2020 exploration program.”The drilling...

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...