Month: June 2020

TORONTO, June 15, 2020 (GLOBE NEWSWIRE) — POET Technologies Inc. (“POET” or the “Company”) (TSX Venture: PTK; OTCQX: POETF), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today announced the date of its annual and special meeting of shareholders (the “Meeting”), which will be held via a virtual on-line platform.  In addition, the POET Board of Directors granted options to its non-management directors and to certain officers, employees and consultants of the Company.Formal notice of the meeting date and record date will be provided as of June 19, 2020.  To ensure the safety of the Company’s employees and shareholders during the COVID-19 pandemic, the Meeting will be held via a virtual on-line platform on August 26, 2020 (the “Meeting...

TULSA, June 15, 2020 (GLOBE NEWSWIRE) — Mid-Con Energy Partners, LP (NASDAQ: MCEP) (“Mid-Con Energy” or the “Partnership”) announced today its operating and financial results for first quarter 2020 and details of the recently announced strategic recapitalization transactions.RECENT DEVELOPMENTSAs announced on June 5, 2020, the Partnership completed strategic recapitalization transactions, resulting in significant changes to its capital structure and governance to strengthen its balance sheet, create alignment across all unitholders, reduce costs and streamline operations, thereby creating immediate and sustainable value for all unitholders.  Highlights of the transaction include:The holders of all of the Partnership’s Class A and B preferred units (collectively, the “Preferred Units”), led by Goff Capital, Inc., (“Goff Capital”)...

SUGAR LAND, Texas, June 15, 2020 (GLOBE NEWSWIRE) — Team, Inc. (NYSE: TISI) announced today that it will issue its first quarter 2020 results after the market closes on Wednesday, June 17, 2020. In conjunction with this release, Team, Inc. has scheduled a conference call on Thursday, June 18, starting at 10:00 a.m. ET (9:00 a.m. CT).About Team, Inc.Headquartered in Sugar Land, Texas, Team Inc. (NYSE: TISI) is a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions. We deploy conventional to highly specialized inspection, condition assessment, maintenance and repair services that result in greater safety, reliability and operational efficiency for our client’s most critical assets. Through locations in more than 20 countries, we unite the delivery of technological innovation...

MONTREAL, June 15, 2020 (GLOBE NEWSWIRE) — Osisko Metals Incorporated (the “Company” or “Osisko Metals“) (TSX-V: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce results of an independent Preliminary Economic Assessment (the “PEA”) including the results of an updated Mineral Resource Estimate (the “2020 MRE”) that converts approximately 25.5% of the global resource to the Indicated Mineral Resource category for its wholly-owned Pine Point Project (the “Pine Point Project” or the “Project”), located near the town of Hay River in the Northwest Territories, Canada. The PEA was prepared in collaboration with independent engineering firms BBA Inc., WSP Canada Inc., and Tetra Tech.A conference call will be held on Tuesday June 16th at 10:00 EST. Dial-in information can be found below.Table 1: PEA Highlight...

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...