Intema reconfirms delay in filing its financial statements and MD&A for the year 2019 and the first quarter of 2020 due to COVID-19 related-delays

Written by Customer Service on June 8, 2020. Posted in Public Companies.

MONTREAL, June 08, 2020 (GLOBE NEWSWIRE) — Intema Solutions Inc. (“Intema” or the “Corporation”) (TSXV: ITM, OTCMKTS: ITMZF), further to its May 4, 2020 news release, is continuing to rely on temporary relief granted by Canadian securities regulators, allowing reporting issuers to extend certain continuous disclosure filing deadlines by 45 days and reconfirms the delay in the filing of its financial statements and management’s discussion and analysis (“MD&A”) for the year ended December 31, 2019 and for the first quarter of 2020, due to logistics and delays caused by the COVID-19 pandemic.This press release is being issued pursuant to the requirement whereby issuers are required to issue a news release no later than 30 days from their original news release if the required continuous disclosure materials have still not...

Ferroglobe Reports Results for the First Quarter of 2020

Written by Customer Service on June 8, 2020. Posted in Public Companies.

Sales of $311.2 million; Net loss of $(49.1) million; Adjusted EBITDA of $(17.6) millionQ1 sales of $311.2 million compared to $376.6 million in Q4 2019, and $447.4 million in Q1 2019Q1 net loss of $(49.1) million compared to $(73.3) million in Q4 2019, and $(28.6) million in Q1 2019Adjusted EBITDA of $(17.6) million compared to $(30.4) million in Q4 2019 and $3.3 million in Q1 2019Gross debt of $443 million at the end of Q1 2020, compared to $481 million at the end of Q4 2019European accounts receivable securitization program amended on February 6, 2020, providing an increase in the available fundingContinued improvement in working capital during the quarter by $126 million, with inventory levels decreasing by $67 million due to operational changes to the global production platformLONDON, June 08, 2020 (GLOBE NEWSWIRE) — Ferroglobe...

Duluth Holdings to Present at Stifel 2020 Virtual Cross Sector Insight Conference

Written by Customer Service on June 8, 2020. Posted in Public Companies.

MOUNT HOREB, Wis., June 08, 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, announced today that Dave Loretta, Chief Financial Officer, will participate in the Stifel 2020 Virtual Cross Sector Insight Conference. The Company’s fireside chat discussion is scheduled for 1:20 p.m. Eastern Time on Tuesday, June 9.A live audio webcast will be available at the time of the event and may be accessed through the investor section of the Company’s website at http://ir.duluthtrading.com/. A replay of the audio webcast will be available after the event.About Duluth TradingDuluth Trading is a growing lifestyle brand for the Modern, Self-Reliant American. Based in Mount Horeb, Wisconsin, we...

Maplewood International REIT Announces Completion of REIT Termination and Consideration Payment to Unitholders

Written by Customer Service on June 8, 2020. Posted in Public Companies.

MISSISSAUGA, Ontario, June 08, 2020 (GLOBE NEWSWIRE) — (TSXV: MWI.H) Further to the press release issued by Maplewood International Real Estate Investment Trust (the “REIT”) on June 3, 2020 announcing that the termination of the REIT (the “REIT Termination”) would take place at 11:59 p.m. (Toronto time) on Friday, June 5, 2020 (the “REIT Termination Time”), the REIT announced today that the REIT Termination was completed at the REIT Termination Time.The REIT also announced today that the trust units of the REIT (the “Units”) were delisted from the NEX board of the TSXV effective as of the close of business on June 5, 2020 and that the register of unitholders of the REIT (the “Unitholders”), containing the names and addresses of the registered Unitholders of the REIT and their respective Unit holdings, closed at the REIT Termination...

Scottie Resources Closes Private Placement with Swiss Family Office

Written by Customer Service on June 8, 2020. Posted in Public Companies.

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, June 08, 2020 (GLOBE NEWSWIRE) — Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT) is pleased to announce that it has closed its previously announced non-brokered private placement offering of units (the “Units”) with a Swiss family office, at a price of $0.22 per Unit (the “Offering”) (see news release dated June 1, 2020). Each Unit consists of one common share (a “Share”) and one half of one common share purchase warrant (each whole warrant a “Warrant”). Each Warrant is exercisable into one common share at a price of $0.34 per Warrant for a period of two years from closing (the “Finder’s Warrant Shares”).Pursuant to the Offering, the Company issued 4,400,000 Units for gross proceeds of $968,000....

Magnetic North Acquisition Corp. Announces Additional Closing of Non-Brokered Private Placement of Up to $4 Million

Written by Customer Service on June 8, 2020. Posted in Public Companies.

**Not for distribution to United States Newswire Services or release publication, distribution or dissemination, directly or indirectly, in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws**CALGARY, Alberta and TORONTO, June 08, 2020 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC) (“Magnetic North” or the “Company”) is pleased to announce a closing related to the Company’s non-brokered private placement (the “Financing”) of Series A Preferred Shares that had been increased from $3,000,000 to up to $4,000,000. The TSX Venture Exchange has approved the extension for the final closing of the Financing to on or about June 12, 2020.On June 5, 2020 the Company completed the issuance of 99,263 Series A Preferred Shares at a price of $10.00 per share for gross...

Beyond Air™ Scheduled to Announce Fiscal Year 2020 Financial Results on Monday, June 22nd

Written by Customer Service on June 8, 2020. Posted in Public Companies.

GARDEN CITY, N.Y., June 08, 2020 (GLOBE NEWSWIRE) — Beyond Air, Inc. (NASDAQ: XAIR), a clinical-stage medical device and biopharmaceutical company focused on developing inhaled Nitric Oxide (NO) for the treatment of patients with respiratory conditions, including serious lung infections and pulmonary hypertension, and gaseous NO (gNO) for the treatment of solid tumors, today announced it will report financial results for its fiscal fourth quarter and year ended March 31, 2020 after the market closes on Monday, June 22, 2020. The Company’s management team is scheduled to host a conference call and webcast at 4:30 p.m. Eastern Time the same day. About Beyond Air, Inc.Beyond Air, Inc. is a clinical-stage medical device and biopharmaceutical company developing a revolutionary NO Generator and Delivery System, LungFit™, that uses NO...

TransAtlantic Petroleum Announces Final Results of Voting at 2020 Annual General Meeting of Shareholders

Written by Customer Service on June 8, 2020. Posted in Public Companies.

HAMILTON, Bermuda, June 08, 2020 (GLOBE NEWSWIRE) — TransAtlantic Petroleum Ltd. (TSX: TNP) (NYSE American: TAT) (the “Company” or “TransAtlantic”) today announced the final results of the voting at its 2020 Annual General Meeting of Shareholders (“Annual Meeting”), which was held on June 5, 2020.Annual Meeting Final Voting ResultsThe Company held its Annual Meeting on June 5, 2020 to (i) elect five directors to the board of directors, each to serve for a term of office to expire at the close of the next annual general meeting and to hold office until his successor has been duly elected or appointed (“Proposal 1”), (ii) appoint DMF Sistem Uluslararası Bağımsız Denetim Danışmanlık ve YMM A.Ş. to serve as the Company’s independent registered public accounting firm for the year ending December 31, 2020 and to authorize the Company’s...

Freehold Royalties Ltd. receives reassessments from Canada Revenue Agency

Written by Customer Service on June 8, 2020. Posted in Public Companies.

CALGARY, Alberta, June 08, 2020 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold or the Company) (TSX:FRU) previously announced that in 2019 it received a proposal letter from Canada Revenue Agency (CRA) wherein CRA stated that it intended to re-assess and deny Freehold’s deduction of certain non-capital losses claimed and carried forward in the tax returns filed for the years 2015 through 2018. Freehold has now received notices of reassessment (the Reassessments) from the CRA in which the CRA has denied the deduction of certain non-capital losses and other tax attributes in computing the Company’s income for taxation years ending in 2015 to 2018.In issuing the Reassessments, the CRA is seeking to increase the Company’s income for Canadian tax purposes, which would result in federal and provincial taxes and interest...

Optimize Wealth Management Furthers its Nationwide Expansion with the Acquisition of Lifestyle Wealth Inc.

Written by Customer Service on June 8, 2020. Posted in Mergers And Acquisitions.

TORONTO, June 08, 2020 (GLOBE NEWSWIRE) — Optimize Wealth Management is pleased to announce its recent acquisition of Lifestyle Wealth Inc. With this latest addition, Optimize expands its presence into the heart of southern Ontario and provides a greater reach for clients searching for a more holistic approach and a no load advisory relationship. The acquisition will add three new offices in the Welland, Port Colborne, and Kitchener/Waterloo areas.

Day: June 8, 2020

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