Day: July 31, 2020

MISSISSAUGA, Ontario, July 30, 2020 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) today reports its financial results for the second quarter of 2020.States John McKimm, President/CEO/CIO of Smart Employee Benefits Inc.:“Adjusted EBITDA and EBITDA improved significantly for the second quarter, 2020 over the comparable period the previous year and from the first quarter, 2020.  The gross margin percentage improved by 0.5% from the first quarter, 2020 and 1.9% from the same period the previous year. Operating costs reduction initiatives led to the year over year improvement in cost structure of approximately $1,261,130 quarter over quarter and $2,357,519, first half over first half, which is expected to be permanent cost savings of over $4.0M annually.EBITDA improved by $1,150,664 in the second...

CALGARY, Alberta, July 30, 2020 (GLOBE NEWSWIRE) — Black Diamond Group Limited (“Black Diamond” the “Company” or “we”) (TSX: BDI), a leading provider of modular space solutions and workforce accommodations, today announced that the Company expects to release its 2020 second quarter results on Tuesday, August 11, 2020 after markets close. The news release will discuss Black Diamond’s financial results and operational highlights.About Black Diamond GroupBlack Diamond is a specialty rentals and industrial services Company with two operating business units – Modular Space Solutions (MSS) and Workforce Solutions (WFS). We operate in Canada, the United States, and Australia. MSS through its principal brands, BOXX Modular, Britco, and MPA, owns a large rental fleet of modular buildings of various types and sizes. Its...

TORONTO, July 30, 2020 (GLOBE NEWSWIRE) — ABC Capital Management Inc. (“ABC”) filed an early warning report today in connection with the acquisition of 1,250,000 Units (hereinafter defined) of CR Capital Corp. (the “Company”) at C$0.08 per Unit for gross proceeds of C$100,000 (the “Acquisition”), as part of the Company’s non-brokered private placement (see the Company’s news releases dated July 2, 2020, July 3, 2020, July 20, 2020 and July 24, 2020). Each “Unit” acquired consists of one common share in the Company (a “Share”) and one common share purchase warrant in the Company (a “Warrant”). Each Warrant entitles the holder thereof to acquire one Share for C$0.10 until the date which is eighteen (18) months following the closing date of the offering, whereupon the Warrants will expire.Prior to the Acquisition, ABC held Nil Shares,...

AUSTIN, Texas, July 30, 2020 (GLOBE NEWSWIRE) — Vital Farms, Inc. (“Vital Farms”), a Certified B Corporation that offers a range of ethically produced pasture-raised foods nationwide, today announced the pricing of its initial public offering of 7,812,500 shares of its common stock at a price of $22.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on July 31, 2020 under the ticker symbol “VITL.” The offering is expected to close on August 4, 2020, subject to the satisfaction of customary closing conditions.Vital Farms is offering 5,040,323 shares of common stock and the selling stockholders named in the prospectus are offering 4,263,654 shares of common stock. Certain of the selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 1,395,596 shares...