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Day: June 1, 2020

Primoris Services Corporation Announces Solar Award

DALLAS, June 01, 2020 (GLOBE NEWSWIRE) — Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced the award of a Limited Notice to Proceed (“LNTP”) for a new solar project with an initial value of $10 million and an anticipated final contract value of over $100 million.  The contract was secured by Primoris Renewable Energy, part of the Power, Industrial, & Engineering segment. The LNTP is for the initial engineering work on a utility-scale solar facility in the Southwest.It is very typical for our clients in the solar industry to issue LNTPs to support initial engineering, site investigation, long lead procurement items, and cost optimization activities at the beginning of utility-scale projects.  Historically, Primoris’ LNTPs for solar projects have resulted in contracts for the...

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Bombardier Concludes Sale of the CRJ Series Regional Jet Program to Mitsubishi Heavy Industries

All amounts in this press release are in U.S. dollars unless otherwise indicated.Through this sale, MHI acquires the maintenance, support, refurbishment, marketing, and sales activities for the CRJ Series aircraft, including the related services and support network located in Montréal, Québec, and Toronto, Ontario, and its service centres located in Bridgeport, West Virginia, and Tucson, Arizona, as well as the type certificates.Bombardier will continue to supply components and spare parts and will assemble the remaining 15 CRJ aircraft in the backlog as of March 31, 2020 on behalf of MHI until the complete delivery of the current backlog, expected in the second half of 2020.Bombardier retains certain liabilities representing a portion of the credit and residual value guarantees totalling $288 million as of March 31, 2020. This amount...

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Omni-Lite Industries Reports First Quarter Fiscal 2020 Results

First Quarter Highlights Include:Revenue of approximately US$2.1 millionAdjusted EBITDA(1) of approximately US$197,000Bookings of approximately US$2.6 million, representing a Book-to-Bill ratio of 1.2TSXV: OML OTCQX: OLNCFLOS ANGELES, June 01, 2020 (GLOBE NEWSWIRE) — Omni-Lite Industries Canada Inc. (the “Company”) (TSXV: OML; OTCQX: OLNCF) reported financial and operating results for the first quarter of fiscal 2020, ended March 31, 2020.First Quarter Fiscal 2020 ResultsFirst quarter fiscal 2020 revenue was US$2,144,870, representing a 12% decrease compared to first quarter of fiscal 2019 revenue of US$2,444,525, and US$2,176,487, or a 1.5% decline, for the fourth quarter fiscal 2019. First quarter fiscal 2020 Adjusted EBITDA(1) was US$196,683, a decrease of 73% compared to US$730,783 for first quarter fiscal 2019, and US$(121,084)...

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Colliers International Completes Acquisition of Dougherty

TORONTO and MINNEAPOLIS, June 01, 2020 (GLOBE NEWSWIRE) — Leading global commercial real estate services and investment management firm, Colliers International (NASDAQ and TSX: CIGI), has completed its previously announced acquisition of a controlling interest in Dougherty Mortgage, Dougherty Funding, Dougherty & Company and Dougherty Insurance Agency (together, “Dougherty”). Under Colliers’ unique partnership model, Dougherty’s senior leadership team will continue to drive operations and will remain significant shareholders.Headquartered in Minneapolis, with more than 250 professionals operating from nine offices, Dougherty provides mortgage banking, loan servicing, mortgage brokerage and investment banking services across 21 U.S. states. Dougherty originates $2.5 billion of real estate loans annually, services $7 billion...

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HeadHunter Group PLC Announces First Quarter 2020 Financial Results

MOSCOW, June 01, 2020 (GLOBE NEWSWIRE) — HeadHunter Group PLC (Nasdaq: HHR) announced today its financial results for the quarter ended March 31, 2020. As used below, references to “we,” “our,” “us” or the “Company” or similar terms shall mean HeadHunter Group PLC.First Quarter 2020 Financial and Operational Highlights“RUB” or “₽” denote Russian Rouble throughout this release.“USD” or “$” denote U.S. Dollar throughout this release.Percentage movements and certain other figures in this release may not recalculate exactly due to rounding. This is because percentages and/or figures contained herein are calculated based on actual numbers and not the rounded numbers presented.Dollar translations are included solely for the convenience of the reader and were calculated at the exchange rate quoted by the Central Bank of Russia as of March...

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Tauriga Sciences, Inc. Generates Record Monthly E-Commerce Sales for the Month of May 2020

The Company has Surpassed its Previous Monthly Record, of $19,062.25 in E-Commerce Sales, Posted During April 2020 NEW YORK, NY, June 01, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a revenue generating, diversified life sciences company, with proprietary CBD & CBG infused chewing gums and edibles product(s) as well as two ongoing Biotechnology initiatives, today announced that its highest margin business segment (E-Commerce), continues to demonstrate accelerating levels of growth, momentum, and overall strength.  For the month of May 2020, the Company has established a new monthly record – with respect to its E-Commerce sales.  The Company is confident that its existing fulfillment infrastructure can handle significant levels of additional growth, should...

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Emergent BioSolutions Joins U.S. Government’s Warp Speed Program in Landmark Public-Private CDMO Partnership for COVID-19 Vaccine Development and Manufacturing

Emergent and HHS expand 2012 CIADM public-private partnership with task order valued at approximately $628 million for rapid domestic production of leading COVID-19 vaccine candidates through 2021  Emergent will provide molecule-to-market CDMO services and commit manufacturing capacity, valued at approximately $542.7 million, paving the way for pharmaceutical and biotechnology innovators to advance COVID-19 programsTask order also includes approximately $85.5 million for expansion of Emergent’s viral and non-viral CDMO drug product fill/finish capacityGAITHERSBURG, Md., June 01, 2020 (GLOBE NEWSWIRE) — Emergent BioSolutions Inc. (NYSE:EBS) today announced that it has been issued a task order under an existing contract with the Biomedical Advanced Research and Development Authority (BARDA), part of the Office of the Assistant Secretary...

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HEXO’s Belleville facility receives its sales license

OTTAWA, June 01, 2020 (GLOBE NEWSWIRE) — HEXO Corp (“HEXO” or the “Company”) (TSX:HEXO; NYSE:HEXO) is pleased to announce it has received its Health Canada licence amendment for the sale of dried and fresh cannabis, cannabis extracts, cannabis topicals and edible cannabis products for its cannabis manufacturing and processing facility in Belleville, Ontario. The updated licensing also encompasses the expansion of the licensed area to include the beverage production area dedicated to the Truss/HEXO beverage division.  “Receiving the sales license for our Belleville facility is extremely positive news for HEXO and Truss, our joint-venture with Molson Coors Canada,” said Sebastien St-Louis, CEO and co-founder of HEXO. “This license allows us to increase our processing capability significantly, achieve greater economies of scale, and...

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Attribution d’une licence de vente à l’installation d’HEXO à Belleville

OTTAWA, 01 juin 2020 (GLOBE NEWSWIRE) — HEXO Corp (« HEXO » ou la « Société ») (TSX:HEXO; NYSE:HEXO) est heureuse d’annoncer que Santé Canada a accepté de modifier la licence octroyée à son installation de fabrication et de transformation de cannabis à Belleville (Ontario), visant la vente de cannabis séché et frais, d’extraits de cannabis, de produits topiques de cannabis et de produits de cannabis comestibles. La licence modifiée englobe aussi l’expansion de la zone sous licence afin d’y inclure le secteur de production des boissons de la division breuvages Truss/HEXO.« L’octroi de la licence de vente à notre installation de Belleville constitue une excellente nouvelle pour HEXO et Truss, notre coentreprise en partenariat avec Molson Coors Canada », a déclaré Sébastien St-Louis, PDG et cofondateur d’HEXO, qui estime également...

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