Day: June 15, 2020

Faits saillants financiers du T4 2019Les ventes ont diminué de 11,6 % à 73,5 M$ et les ventes comparables des mêmes boutiques ont baissé de 17,3 %Hausse de 18,5 % ou 2,8 M$ des ventes tirées du commerce électronique et de grosPerte d’exploitation de 6,0 M$ comparativement à une perte de 1,3 M$BAIIA1 ajusté de 9,7 M$ comparativement à 10,9 M$ pour le trimestre correspondant de l’exercice précédentFlux de trésorerie positifs liés à l’exploitation de 24,8 M$, comparativement à 24,4 M$ pour le trimestre correspondant de l’exercice précédentTrésorerie nette de 46,3 M$ au 1er février 2020, comparativement à 42,1 M$ au 2 février 2019Mise à jour de la performance financière pour la période de 17 semaines close le 30 mai 2020 Ventes de 41,2 M$, en baisse de 27,4 % par rapport à la période correspondante de l’exercice précédentRevenus...

ANDOVER, Mass., June 15, 2020 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced today that it has received a $49 million order from a leading defense prime contractor for high-performance signal processing and RF solutions for a missile defense program. The order was received in the Company’s fiscal 2020 fourth quarter and is expected to be shipped over the next several quarters.“This order is one of the largest in the Company’s history and reinforces our commitment to Innovation That Matters, delivering superior value and performance that help solve our customer’s most complex embedded processing challenges,” said Didier Thibaud, Executive Vice President and Chief Operating Officer. “We are dedicated to delivering...

VANCOUVER, British Columbia, June 15, 2020 (GLOBE NEWSWIRE) — SIGMA Lithium Resources Corporation (“Sigma” or the “Company”) (TSX-V: SGMA) (OTC- QB: SGMLF) is pleased to announce the successful completion of the first phase of early contractor involvement (the “ECI”) with Duro Felguera S.A of Spain (“DF”), which provided an updated multicurrency gross maximum price (the “Multicurrency GMP“) of US$22.8 million (US Dollars) and R$182.1 million (Brazilian Reais) for the engineering, procurement and construction (“EPC”) of the Grota do Cirilo lithium project in Brazil (the “Project”). The Multicurrency GMP is lower than estimated in the Feasibility Study Report, as outlined below.As part of the ECI, DF: (i) updated its due diligence on the Project based on the more recent documentation and information provided by the Company,...

Not for distribution to U.S. Newswire Services or for dissemination in the United States.CALGARY, Alberta, June 15, 2020 (GLOBE NEWSWIRE) — Middlefield Group, on behalf of E Split Corp. (TSX: ENS and ENS.PR.A) (the “Company”), is pleased to announce that the Company is undertaking an overnight treasury offering of class A and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively).The sales period for this overnight offering will end at 9:00 a.m. (EDT) on Tuesday, June 16, 2020. The offering is expected to close on or about June 23, 2020 and is subject to certain closing conditions including approval by the Toronto Stock Exchange (“TSX”).The Class A Shares will be offered at a price of $12.00 per Class A Share to yield 13.0% and the Preferred Shares will be offered at a price of $10.00 per Preferred Share to...

Not for distribution to United States newswire services or for dissemination in the United StatesVANCOUVER, British Columbia, June 15, 2020 (GLOBE NEWSWIRE) — Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the “Company”) is pleased to announce that it has entered into a letter agreement with Accendo Banco, S.A. (“Accendo”) providing the terms under which Accendo will provide a loan facility for US$9 million.  Funds advanced under the facility will be used for financing construction of the Company’s Pinos project and working capital purposes.The loan facility will be secured against the assets of the Company and its subsidiaries, will bear interest at 13% per annum, and have a term of 60 months from the initial draw date.  Candelaria may draw US$500,000 upon execution of the facility, with the balance to be made available on...

TORONTO, June 15, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it will be included in the S&P/TSX 60 Composite Index effective June 22, 2020. The S&P/TSX 60 is a stock market index of sixty large companies listed on the Toronto Stock Exchange in ten industry sectors.“We are very proud to be included in this prestigious market index, a reflection of our significant growth and strong performance over the last twenty-two years,” commented Mark Kenney, President and CEO.ABOUT CAPREITCAPREIT is one of Canada’s largest real estate investment trusts. CAPREIT owns approximately 56,800 suites and sites, including townhomes and manufactured housing sites, in Canada and, indirectly through its investment in ERES, approximately 5,600 suites in the...

The Federal Court of Canada handed BRP an important victory against its competitor Arctic Cat regarding BRP’s frame patent, which was at the heart of the Ski-Doo REV revolution;The Federal Court of Canada issued a permanent injunction prohibiting the sale, use and distribution of all Arctic Cat snowmobiles in Canada that infringe BRP’s Canadian patent; The effective date of the permanent injunction is set for July 6, 2020;The Court also ordered Arctic Cat to pay BRP a royalty of CA$135 per unit that infringes the frame patent since MY2008.VALCOURT, Quebec, June 15, 2020 (GLOBE NEWSWIRE) — BRP (TSX: DOO; NASDAQ: DOOO) announced today that the Federal Court of Canada has rendered a decision favorable to BRP in a lawsuit launched in December 2011 against Arctic Cat, where BRP argued that Arctic Cat infringed certain of its patents...

La Cour fédérale du Canada a conféré une importante victoire à BRP contre son compétiteur Arctic Cat concernant le brevet pour un châssis qui était au cœur de la révolution REV de la motoneige Ski-Doo.La Cour fédérale du Canada a émis une injonction permanente interdisant la vente, l’utilisation et la distribution de toutes les motoneiges Arctic Cat au Canada qui contreviennent au brevet canadien de BRP. La date d’entrée en vigueur de l’injonction permanente est prévue au 6 juillet 2020.La Cour a également ordonné à Arctic Cat de verser à BRP une redevance de 135 $ CA par unité qui enfreint le brevet de châssis, et ce, depuis l’année modèle 2008.VALCOURT, Québec, 15 juin 2020 (GLOBE NEWSWIRE) — BRP (TSX: DOO; NASDAQ: DOOO) a annoncé aujourd’hui que la Cour fédérale du Canada a rendu une décision favorable à BRP...

Princeton, NJ, June 15, 2020 (GLOBE NEWSWIRE) — A few weeks after the first containment easing measures, economic activity seems to be picking up in most European countries. However, about two months after China, this gradual and partial recovery will not erase the effects of containment on global growth.In this context, Coface forecasts that the recession in 2020 (a 4.4% drop in world GDP) will be stronger than that of 2009. Despite the recovery expected in 2021 (+5.1%) – assuming there is no second wave of the coronavirus pandemic – GDP would remain 2 to 5 points lower in the United States, the eurozone, Japan, and the United Kingdom, when compared to 2019 levels. The lack of a rapid catch-up is mainly due to two issues: persistent uncertainty about the evolution of the pandemic leading to an expected rise in household precautionary...

CALGARY, Alberta, June 15, 2020 (GLOBE NEWSWIRE) — Champion Bear Resources Ltd. (TSXV: CBA-V) (“Champion Bear” or the “Company“) announces that it has made an application to the Alberta Securities Commission (the “ASC“), the Company’s principal securities regulator in Canada, under National Policy 12-203 – Management Cease Trade Orders (the “Policy“) requesting that a temporary management cease trade order (“MCTO“) be granted in respect of the anticipated late filing of the annual financial statements for the year ended December 31, 2019. There is no guarantee that an MCTO will be granted.As previously announced on April 29, 2020 and June 1, 2020, COVID-19 related restrictions and additional time and funds required by the Company’s auditors to complete...