Month: July 2020

For the first time in the Company’s history, Goodfood reported net income of $2.8 million, representing an increase of $6.4 million year-over-year and resulting in basic earnings per share of $0.05Revenue reached $86.6 million in the third quarter of Fiscal 2020, an increase of $36.7 million, or 74% compared to the same period last yearGross profit reached $24.9 million, an increase of $10.8 million, or 77%, with gross margin reaching 28.8%, an improvement of 0.5 percentage points year-over-yearGross merchandise sales1 for the quarter totalled $99.8 million, an increase of $38.6 million, or 63%, with run-rate GMS1 over $418 millionAdjusted EBITDA1 turned positive for the first time reaching $6.0 million, or a margin of 6.9%, an 11.7 percentage points improvement year-over-yearEnded the quarter in a solid financial position with...

Pour la première fois dans l’histoire de la Société, Marché Goodfood affiche un bénéfice net de 2,8 millions $, soit une amélioration de 6,4 millions $ par rapport à la même période de l’exercice 2019, ce qui correspond à un bénéfice de base par action de 0,05 $Les produits ont atteint 86,6 millions $ au troisième trimestre de l’exercice 2020, représentant une hausse de 36,7 millions $, soit 74 %, par rapport à la même période l’an dernierLe bénéfice brut a atteint 24,9 millions $, en hausse de 10,8 millions $, soit 77 %, tandis que la marge brute s’est élevée à 28,8 %, ce qui représente une amélioration de 0,5 point de pourcentage par rapport à la même période l’an dernierLes ventes de marchandises brutes1 pour le quart ont totalisé 99,8 millions $, une augmentation de 38,6 millions $, soit 63%, pour des ventes de marchandises brutes...

FALLS CHURCH, Va., July 08, 2020 (GLOBE NEWSWIRE) — PAE (NASDAQ: PAE, PAEWW) will host a webcast and conference call at 8 a.m. ET on Thursday, August 6, 2020, to discuss the financial results for its second quarter 2020. The company will issue a press release announcing the results before the call and post an archive of the webcast afterward on the PAE Investor Relations website. In addition, listeners will be able to access a presentation summarizing the second quarter 2020 results on the website.Interested parties are invited to join the webcast from the PAE Investor Relations website and may register for an email reminder using the “Events and Presentations” link. Due to the COVID-19 pandemic, teleconference providers globally are experiencing significant increases in conference call volume. As such, the company recommends that...

Golden, Colorado, July 08, 2020 (GLOBE NEWSWIRE) — Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to announce that it has commenced drilling at its Rodeo gold and silver property in Durango, Mexico.Golden Minerals plans to drill approximately 20 holes to better define the high-grade core of the Rodeo deposit. The upcoming drill program will expand on the historic drilling campaigns that successfully tested multiple gold-quartz veins and breccias of the Rodeo low sulfidation vein system with encouraging results, including:Selected Past Drill Results**All results previously reported in technical report dated January 26, 2017:  Elson, G., Mineral Resource Estimate, Rodeo Project, Rodeo, Durango, Mexico, Tetra Tech, Golden, CO, available at www.goldenminerals.com/projects/technical-reports/.The...

Kvalitena AB (publ) (“Kvalitena” or the “Company”) today announces that it is formally initiating a written procedure under the terms and conditions of its up to SEK 1,000 million senior unsecured bonds with a final maturity on 30 September 2020 (ISIN: SE0009664949) (the “Notes”) (the “Noteholders)”.Governments and authorities’ containment measures to reduce the spread of COVID-19 have significantly impacted the world economy, which in turn has resulted in negative effects on the capital markets in general and particularly the Nordic credit market. Hence, in the current market, a refinancing of the Notes at reasonable terms may prove challenging.Kvalitena therefore requests in the written procedure, among other things, that the final maturity date is extended by 12 months to 30 September 2021 and in connection therewith, the majority...

Villers-lès-Nancy, 6 July 2020 – 6:00 p.m. (CET)Press releaseRESULTS OF THE VOTES ON THE RESOLUTIONS SUBMITTED TO THECOMBINED ORDINARY AND EXTRAORDINARY SHAREHOLDERS’ MEETINGOF 29 JUNE 2020GROUP EXECUTIVE MANAGEMENT APPOINTMENTAppointment of Grégoire DE ROTALIER as Deputy Managing DirectorNew member of the Board of DirectorsNumber of shares comprising the share capital: 15,174,125Number of shares with voting rights possessed by shareholders represented or having voted by mail: 15,049,897In accordance with the provisions of article 4 of Order No. 2020-321 of 25 March 2020 adopted under the powers granted by French Emergency Law No. 2020-290 of 23 March 2020 to deal with the Covid-19 epidemic, the procedures for organising the Combined Ordinary and Extraordinary General Meeting and the participation of shareholders were adapted.The...

OTTAWA, July 08, 2020 (GLOBE NEWSWIRE) — ProntoForms Corporation (TSXV: PFM), the global leader in field-focused low-code application platforms for enterprise, announced today an expansion of subscribers by an existing global brand manufacturer customer.The manufacturer uses ProntoForms to build and deploy apps that empower field technicians to handle complex work tasks. Before the expansion, over 8,000 field technicians used ProntoForms globally. The manufacturer has since scaled the solution to over 12,000 subscribers to include all North American-based employees working in corporate offices and customer locations as a key technology component of its re-opening strategy to improve the safety of employees and customers.ProntoForms’ custom field app solution allows citizen developers closest to field processes to create apps tailored...

GRANT, Fla., July 08, 2020 (GLOBE NEWSWIRE) — Kaival Brands Innovations Group, Inc. (OTCQB: KAVL) (“Kaival Brands,” the “Company,” or “we”), a company focused on growing and incubating innovative and profitable products into mature, dominant brands, today announced that its common stock was approved for quotation on the OTC Markets Group, Inc.’s OTCQB® tier Venture Market (the “OTCQB”) under the symbol “KAVL,” effective as of the open of trading on July 8, 2020.The OTCQB is a venture market operated by the OTC Markets Group, Inc. and is designed for early-stage and developing companies located both in the United States and abroad. To be eligible for quotation on the OTCQB, companies must be current in their reporting and undergo an annual verification and management certification process. Companies must also meet a minimum bid price...

TORONTO, July 08, 2020 (GLOBE NEWSWIRE) — MacDonald Mines Exploration Ltd. (TSX-V: BMK) (“MacDonald Mines”, “MacDonald” or the “Company”) reports the results from the last 4 holes of its Spring 2020 drilling program at the Company’s SPJ Property, 20 kilometres east of Sudbury, Ontario. Drilling confirmed that a near-surface and broad zone of gold mineralization is present south of the Scadding Deposit, in an area that was never drilled before. Hole SM-20-046, located 200m east of the East-West Pit, intersected 1.5 g/t gold over 22.4m including 6.9 g/t gold over 1.5m and 5.2 g/t gold over 1.46m in a large geophysical anomaly that extends at depth (Figure 1).The results from hole SM-20-046 indicate that there is an association between the metal factor IP response and gold mineralization at Scadding and that the Company’s modelling...

ST. JOHN’S, Newfoundland, July 08, 2020 (GLOBE NEWSWIRE) — Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that it has recently received three defense customer orders totaling approximately $1 million:A follow-on order for MINSAS 60 LW sensors for man-portable vehicles. This solution was developed with the support of funding from the U.S Navy and Foreign Comparative Test Program.  Delivery of this order is scheduled for Q4, 2020. The initial order shipped at the end of Q2.Sale of a SeaVision™ laser scanner to a large US defense contractor. Delivery occurred in Q2.A first purchase order issued to our Acoustic Signal Processing Group (APSG) under an 8-year framework agreement announced in Q1 with a leading international defense contractor. Kraken will provide development, maintenance...