Day: July 4, 2020

COS COB, Conn., July 04, 2020 (GLOBE NEWSWIRE) — Chicken Soup for the Soul Entertainment Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced that the Screen Media film The Outpost hit #1 on iTunes on its opening day delivering the largest opening day in company history.In this military thriller, a tiny unit of U.S. soldiers, alone at the remote Combat Outpost Keating, located deep in the valley of three mountains in Afghanistan, battles to defend against an overwhelming force of Taliban fighters in a coordinated attack. The Battle of Kamdesh, as it was known, was the bloodiest American engagement of the Afghan War in 2009 and Bravo Troop 3-61 CAV became one of the most decorated units of the 19-year conflict.Directed by award-winning filmmaker Rod...

Global investment firm Dale Ventures (www.Dale.com) has increased its stake in insure-tech firm Instanda(www.Instanda.com) by investing an additional £5.8 million, confirming its confidence in what CEO Dale W. Wood has called a “genuinely innovative” company. Instanda provides innovative platforms that enable insurance providers to streamline creation, management, and distribution of products. Industry veteran Tim Hardcastle, former global CIO of Hiscox, founded Instanda to transform the insurance product roadmap and has leveraged technology to ensure effective mass communication and low distribution costs. The company attracted the interest of industry experts and investors worldwide, one of whom is Dale Wood. After his initial investment in the company, Dale Wood has increased his stake with an additional£5.8 million. “Instanda is a...

VANCOUVER, British Columbia, July 03, 2020 (GLOBE NEWSWIRE) — Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) announced on June 26th that 19 workers at the Santander mine in Peru tested positive for COVID-19 during routine serological testing. In response, operations at Santander were suspended and all 298 workers on site were safely quarantined and underwent further testing. A total of 82 workers have tested positive for COVID-19 using polymerase chain reaction (PCR) tests. Three individuals are currently displaying mild symptoms while all other workers are presently asymptomatic. Operations remain suspended to focus on the health and safety of Santander’s workforce and the community. The Santander operation has health professionals in place to monitor and provide medical...

 Results Impacted by COVID-19  Additional Financing to Strengthen Liquidity PositionLONGUEUIL, Québec, July 03, 2020 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (TSX: DBO), a world leader in immersive entertainment experiences, today announced results for the fiscal year and fourth quarter ended March 31, 2020. All dollar amounts are expressed in Canadian currency.FINANCIAL HIGHLIGHTSHighlights for the Year Ended March 31, 2020Compared with the year ended March 31, 2019:Revenues decreased from $34.2 million to $25.9 million.Recurring revenues decreased from $8.6 million to $7.3 million.Net loss went from $1.7 million to $6.3 million.  Net loss for this year includes $1.4 million of restructuring costs to reflect the change of the organizational structure and $1.3 million of impairment charges.Adjusted EDITDA* decreased from $2.1...

Résultats affectés par la COVID-19 – financement additionnel pour renforcer sa position de liquiditésLONGUEUIL, Québec, 03 juill. 2020 (GLOBE NEWSWIRE) — Technologies D-BOX Inc. (TSX : DBO), un chef de file mondial de l’industrie du divertissement immersif, a annoncé aujourd’hui les résultats de son exercice financier et son quatrième trimestre clos le 31 mars 2020. Tous les montants sont exprimés en dollars canadiens.FAITS SAILLANTS FINANCIERSFaits saillants de l’exercice clos le 31 mars 2020Comparaison avec l’exercice clos le 31 mars 2019 :Les revenus ont diminué, passant de 34,2 millions de dollars à 25,9 millions de dollars.Les revenus récurrents ont diminué, passant de 8,6 millions de dollars à 7,3 millions de dollars.La perte nette est passée de 1,7 millions de dollars à 6,3 millions de dollars.La perte nette de cette...

SHERMAN OAKS, Calif., July 03, 2020 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) ‎‎(TSXV:PQE; ‎OTC:PQEFF; FSE:PQCF), announces a correction to the shares for debt details from its June 12 and 24, 2020 news releases. The Company has executed shares for debt agreements, pursuant to which it will issue an ‎‎aggregate of 7,582,502 common shares in satisfaction of US$304,309 (including accrued interest) of indebtedness currently owed to six ‎arm’s ‎length creditors.All ‎shares issued pursuant to the above transactions are subject to approval of the TSX Venture Exchange (the “Exchange”). The shares will be issued in reliance on exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and applicable state securities laws, and will be issued...

/Not for distribution to U.S. News Wire Services or dissemination in the United States/TORONTO, July 03, 2020 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., the Manager of Faircourt Split Trust (the “Trust”) (TSX: FCS.UN; FCS.PR.C), announced today that Securityholders who submitted Trust Units for redemption will receive $5.2070 per Trust Unit, being the Net Asset Value per Trust Unit calculated using a three day volume weighted average price for exchange-traded securities held by the Trust, determined as of June 30, 2020 less costs of funding the redemption, including commissions. Payment in respect of the redemption of Trust Units will be made in full on July 22, 2020 (“the Payment Date”). For further information on the Faircourt Funds, please visit www.faircourtassetmgt.com or please contact 1-800-831-0304.You will usually...