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Month: May 2020

ISC Provides Advisory to Saskatchewan Land Registry Customers

REGINA, Saskatchewan, May 04, 2020 (GLOBE NEWSWIRE) — Information Services Corporation (“ISC” or the “Company”), the operator and manager of the Saskatchewan Land Registry (the “Land Registry”) on behalf of the Government of Saskatchewan, is advising of the recent occurrence of unusually high search volumes of publicly available free data in the Land Registry.ISC reminds its customers to always be cautious of any unusual or suspicious correspondence, emails or phone calls related to ISC, the Land Registry and its records, or requesting personal or financial information.Customers are encouraged to contact ISC with questions about any correspondence and to ensure their account information is accurate and up to date. Please contact the ISC Customer Support Team by email at ask@isc.ca.There is no evidence to...

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AirBoss Announces Organizational Change

NEWMARKET, Ontario, May 04, 2020 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (the “Company” or “AirBoss”) today announced that Chief Financial Officer Daniel Gagnon has advised the Company that he will be leaving the organization effective June 12, 2020 in order to pursue other projects while making more time for his family.  Mr. Gagnon joined AirBoss in 2016 after working at a variety of large Canadian companies and has committed to staying with the organization in order to support an orderly transition to a new CFO.“On behalf of the board and management team I want to thank Daniel for his many contributions to AirBoss over the last four years and wish him well in his future endeavors,” said Mr. Gren Schoch, Chairman and CEO of AirBoss. “Daniel has been an integral part of the growth of AirBoss...

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Viemed Healthcare Announces First Quarter 2020 Record Financial Results

LAFAYETTE, La., May 04, 2020 (GLOBE NEWSWIRE) — Viemed Healthcare, Inc. (the “Company” or “Viemed”) (TSX: VMD.TO and NASDAQ:VMD), a home medical equipment supplier that provides post-acute respiratory care services in the United States, announced today that it has reported its financial results for the three months ended March 31, 2020.Operational highlights (all dollar amounts are USD):Net revenues for the quarter ended March 31, 2020 were $23.8 million, an increase of 31% over net revenues reported for the comparable quarter ended March 31, 2019. Current quarter revenues included approximately $1 million of product sales related to the ongoing COVID-19 pandemic.The Company grew its active ventilator patient base for the quarter ended March 31, 2020 by approximately 25% as compared to the prior year’s comparable quarter and 3%...

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Dream Alternatives Reports First Quarter Results

TORONTO, May 04, 2020 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) (“Dream Alternatives”, “we” or the “Trust”) today reported its financial results for the three months ended March 31, 2020.For the three months ended March 31, 2020, the Trust reported net income of $5.2 million, up significantly from $0.7 million in the comparative period. The increase in net income was primarily attributable to a foreign currency gain of $4.4 million on the Trust’s investment in the Hard Rock/Virgin Hotels Las Vegas (“Hard Rock”), a deferred compensation recovery of $1.4 million relating to the Trust’s deferred unit incentive plan (“DUIP”), as well as lower asset management fees incurred in the period. Both the DUIP and asset management fees are measured...

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Douglas Dynamics Reports First Quarter 2020 Results

Performance Impacted by Snowfall, the COVID-19 Pandemic and Chassis SupplyFirst Quarter Highlights:Net Sales of $68.2 million were negatively impacted by significantly below average snowfall, chassis supply constraints and the operational and economic impact of the COVID-19 pandemic in MarchAll U.S. facilities closed on March 18th; Conducting phased reopening of facilities during April and MayPaid $0.28 per share cash dividend on March 31, 2020 and remain committed to maintaining the dividend based on balance sheet strengthMaintained ample total liquidity of $86.3 millionWithdrawing 2020 guidanceMILWAUKEE, May 04, 2020 (GLOBE NEWSWIRE) — Douglas Dynamics, Inc. (NYSE: PLOW), North America’s premier manufacturer and upfitter of work truck attachments and equipment, today announced financial results for the first quarter ended March...

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Maha Energy AB (publ) (“Maha” or the “Company”) Announce April Production Volumes

­­­Maha Energy AB (publ)Strandvägen 5ASE-114 51 Stockholmwww.mahaenergy.caPress releaseStockholmMay 5, 2020Maha Energy AB (publ) Announce April Production VolumesProduction VolumesThe Company’s aggregate sales production for the month of April totaled 90,6641 barrels of oil and 2.250 million scf of gas for a combined average production of approximately 3,035 BOE/day2, before royalties and taxes.The month of April saw unusually low gas sales at the Tie field which was due to the suspension of gas offtake by CDGN, the Company’s main gas customer.  As a result of the indirect effects of the Covid-19 pandemic, CDGN’s end customers are currently closed due to weak product demand and Covid-19 restrictions. This in turn resulted in a temporary reduction in oil production from the Tie field during the month.The company is working at many...

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Motus GI to Release First Quarter 2020 Results and Provide a Business Update on May 14th

FORT LAUDERDALE, Fla., May 04, 2020 (GLOBE NEWSWIRE) — Motus GI Holdings, Inc., (NASDAQ: MOTS) (“Motus GI” or the “Company”), a medical technology company providing endoscopy solutions that improve clinical outcomes and enhance the cost-efficiency associated with the diagnosis and management of gastrointestinal conditions, announced today that the Company will release its first quarter 2020 financial results on Thursday, May 14, 2020, after the market close. Management will host a conference call and webcast at 4:30 p.m. ET to discuss the results and provide updates on recent corporate developments. A replay of the webcast will be archived on the Motus GI website, www.motusgi.com, for 90 days following the event.About Motus GI and the Pure-Vu® SystemMotus GI Holdings, Inc. is a medical technology company,...

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Mueller Water Products Reports 2020 Second Quarter Results

Increased Net Sales 10.1 percent to $257.7 millionReported Net Income per Diluted Share of $0.15Delivered Adjusted Net Income per Diluted Share of $0.15ATLANTA, May 04, 2020 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced today that for its fiscal 2020 second quarter ended March 31, 2020, net sales were $257.7 million and net income was $23.8 million.In the 2020 second quarter, the Company:Increased net sales 10.1 percent to $257.7 million as compared with $234.0 million in the prior year quarter.Generated operating income of $35.8 million as compared with $22.2 million in the prior year quarter.  Increased adjusted operating income 17.3 percent to $36.7 million as compared with $31.3 million in the prior year quarter.Achieved net income of $23.8 million as compared with net income of $10.9 million in the prior...

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Duluth Holdings Provides Business Update and Announces Partnership with American Red Cross

Re-opening 20 Retail Stores Credit Line Increased to $150 MillionMOUNT HOREB, Wis., May 04, 2020 (GLOBE NEWSWIRE) — Duluth Holdings Inc. (dba, Duluth Trading Company) (“Duluth Trading” or “Company”) (NASDAQ: DLTH), a lifestyle brand of men’s and women’s casual wear, workwear and accessories, today provided a business update and announced a partnership with American Red Cross:Partnership with American Red Cross to donate portion of proceeds on key apparel itemsRe-opening of 20 retail stores today where COVID-19 restrictions have been lifted and preparing to re-open the balance as other states lift their pandemic mandatesLaunched new women’s campaign celebrating “forge their way” inspirational womenAmended and expanded line of credit closed on April 30Partnered with landlords, suppliers and vendors to materially reduce costs, extend...

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Dealnet Receives Meeting Requisition Materials from Small Dissident Group

TORONTO, May 04, 2020 (GLOBE NEWSWIRE) — Dealnet Capital Corp. (“Dealnet” or the “Company”) (TSX VENTURE: DLS) announces that it has received materials from a group of dissident shareholders, led by former Dealnet Executive Chairman and current Capital Partners CEO, Dr. Steven Small (“Small”), requisitioning a meeting of the Company’s shareholders.The Small Dissident Group previously put forward the same four dissident director nominees for election to the Board of Directors at the Company’s 2020 annual general meeting, and Dealnet has provided disclosure regarding Small’s time at the helm of the Company and how the new leadership team moved with skill and discipline to fully address the legacy issues he created. Shareholders are urged to review the disclosure at www.dealnetcapital.com/2020-news/ and the investor presentation...

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