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Month: July 2020

Team, Inc. Schedules Second Quarter 2020 Earnings Conference Call for Wednesday, August 5, 2020 at 10:00 a.m. Eastern Time

SUGAR LAND, Texas, July 30, 2020 (GLOBE NEWSWIRE) — Team, Inc. (NYSE: TISI) announced today that it will issue its second quarter 2020 results after the market closes on Tuesday, August 4, 2020. In conjunction with this release, Team, Inc. has scheduled a conference call on Wednesday, August 5, 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...

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Lupaka and PLI Execute Mutual Releases

VANCOUVER, British Columbia, July 30, 2020 (GLOBE NEWSWIRE) — Lupaka Gold Corp. (“Lupaka Gold” or the “Company“) (TSX-V: LPK, FRA: LQP) reports that it has executed a series of mutual releases (the “Release”) between the Company and its subsidiaries (together, the “Lupaka Parties”) and PLI Huaura Holdings L.P. (“PLI”), Invicta Mining Corp S.A.C. (“IMC”) and certain associated parties of PLI (the “PLI Parties”).As a result, all claims made or in the process of being made by the Lupaka Parties against the PLI Parties are deemed to be released and forever discharged from each and every one of the PLI Parties; and all claims made or in the process of being made by the PLI Parties against the Lupaka Parties are deemed to be released and forever discharged from each and every one of the Lupaka Parties. Further, it is...

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Helix Biopharma Corp. Announces Fiscal Third Quarter 2020 Results

RICHMOND HILL, Ontario, July 30, 2020 (GLOBE NEWSWIRE) — Helix BioPharma Corp. (TSX: “HBP”), a an immuno-oncology company developing drug candidates for the prevention and treatment of cancer, today announced its financial results for the fiscal third quarter ended April 30, 2020.OVERVIEWThe Company reported a consolidated net loss and total comprehensive loss of $2,594,000 ($0.02 loss per common share) and $7,060,000 ($0.05 loss per common share), respectively for the three and nine-month period ended April 30, 2020.  For the three and nine-month periods ended April 30, 2019, consolidated net loss and total comprehensive loss of totalled $2,071,000 ($0.02 loss per common share) and $5,358,000 ($0.05 loss per common share), respectively.  This includes a net loss from discontinued operations related to the Company’s plan to fully...

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Riverview Bancorp Reports First Quarter Earnings

Results Reflect Strong Participation in SBA’s PPP ProgramWell-Capitalized to Support Growth and Navigate Current EnvironmentVANCOUVER, Wash., July 30, 2020 (GLOBE NEWSWIRE) — Riverview Bancorp, Inc. (Nasdaq GSM: RVSB) (“Riverview” or the “Company”) today reported earnings of $480,000, or $0.02 per diluted share for the first fiscal quarter ended June 30, 2020 compared to $2.9 million, or $0.13 per diluted share, in the preceding quarter, and $4.2 million, or $0.18 per diluted share, in the first fiscal quarter a year ago. During the quarter, the Company recognized a provision for loan losses of $4.5 million reflecting the current economic environment. Our pre-tax, pre-provision income (non-GAAP) was $5.1 million for the quarter, compared to $5.1 million in the preceding quarter and $5.4 million in the first fiscal quarter a year...

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Eldorado Gold Reports Q2 2020 Financial and Operational Results

VANCOUVER, British Columbia, July 30, 2020 (GLOBE NEWSWIRE) — Eldorado Gold Corporation (“Eldorado” or “the Company”) today reports the Company’s financial and operational results for the second quarter of 2020.Measures remain in place to manage the impact of the novel coronavirus (“COVID-19”) pandemic: The Company’s mines are fully operational and the global workforce has returned to normal levels. Preventing the spread of COVID-19, ensuring safe working environments across Eldorado’s global sites, and preparedness should an outbreak occur, remain priorities. 

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Cardinal Energy Ltd. Announces Second Quarter 2020 Financial Results

CALGARY, Alberta, July 30, 2020 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) is pleased to announce its operating and financial results for the second quarter ended June 30, 2020.Selected financial and operating information is shown below and should be read in conjunction with Cardinal’s unaudited condensed interim financial statements and related Management’s Discussion and Analysis for the three months ended June 30, 2020 which are available at www.sedar.com and on our website at www.cardinalenergy.ca.FINANCIAL HIGHLIGHTS FROM THE SECOND QUARTER OF 2020Cardinal had second quarter positive free cash flow(1) due to reduced capital expenditures and cost saving initiatives leading to a $7.1 million reduction in net debt(1) over the prior quarter;Reduced our net...

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E.Merge Technology Acquisition Corp. Announces Pricing of $522,000,000 Initial Public Offering

New York, NY, July 30, 2020 (GLOBE NEWSWIRE) — E.Merge Technology Acquisition Corp. (the “Company”) announced today that it priced its initial public offering of 52,200,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading tomorrow, Friday, July 31, 2020, under the ticker symbol “ETACU”. Each unit consists of one share of the Company’s Class A common stock and one-third of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade.  Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “ETAC” and “ETACW,” respectively.The...

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Mercer Park Brand Acquisition Corp. Reports Second Quarter 2020 Financial Results

TORONTO, July 30, 2020 (GLOBE NEWSWIRE) — MERCER PARK BRAND ACQUISITION CORP. (“Mercer” or the “Company”) is reporting its financial results for the three and six months ended June 30, 2020. The Company’s unaudited interim financial statements along with its management discussion and analysis has been filed on the System for Electronic Document Analysis and Retrieval and may be viewed by shareholders and interested parties under the Company’s profile at www.sedar.com.About Mercer Park Brand Acquisition Corp.Mercer Park Brand is a special purpose acquisition corporation incorporated under the laws of the Province of British Columbia for the purpose of effecting a Qualifying Transaction.Forward-Looking StatementsThis press release may contain forward looking information within the meaning of applicable securities legislation, which...

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Fairfax Africa Holdings Corporation: Second Quarter Financial Results

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES(Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are prepared using the recognition and measurement requirements of International Financial Reporting Standards, except as otherwise noted, and are unaudited.)TORONTO, July 30, 2020 (GLOBE NEWSWIRE) — Fairfax Africa Holdings Corporation (TSX: FAH.U) announces a net loss of $4.2 million in the second quarter of 2020 ($0.07 net loss per diluted share), compared to a net loss of $16.2 million in the second quarter of 2019 ($0.27 net loss per diluted share), reflecting decreased net unrealized losses on investments in the quarter.Strategic Transaction with Helios Holdings Limited:On July 10, 2020 the company announced that...

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