Day: August 6, 2020

CALGARY, Alberta, Aug. 06, 2020 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the second quarter ended June 30, 2020. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM’s website on August 6, 2020. All figures reported herein are Canadian dollars unless otherwise stated.COMMISSIONING THE MILNER 2 DEVELOPMENT PROJECTMAXIM successfully commissioned its 204 MW natural gas-fired power plant (“M2”) near Grande Cache, Alberta, on the existing H.R. Milner (“Milner”) site. M2 began generating electricity to the Alberta power grid on May 8, 2020. During commissioning, M2 successfully...

BOCA RATON, Fla., Aug. 06, 2020 (GLOBE NEWSWIRE) — ADT Inc. (NYSE: ADT) (the “Company” or “ADT”), a leading provider of security, automation, and smart home solutions serving consumer and business customers in the United States, announced today that Prime Security Services Borrower, LLC (the “Issuer”) and Prime Finance Inc. (the “Co-Issuer” and, together with the Issuer, the “Issuers”), its indirect wholly owned subsidiaries, priced their offering of $1,000 million aggregate principal amount of 3.375% first-priority senior secured notes due 2027 (the “Notes”), which represents an increase of $250 million from the aggregate principal amount previously disclosed, that are exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”) (the “Offering”).The Offering is expected to close on...

CALGARY, Alberta, Aug. 06, 2020 (GLOBE NEWSWIRE) — Parkland Corporation (“Parkland”, “we”, the “Company”, or “our”) (TSX:PKI) announced today its financial and operating results for the three and six months ended June 30, 2020. Highlights from the second quarter (three months) include:Adjusted EBITDA attributable to Parkland (“Adjusted EBITDA”) of $191 million.Net earnings attributable to Parkland of $32 million or $0.22 per share, basic.Cash flow from operations fully funded capital expenditures, acquisitions and net dividend payments.Fuel and petroleum product volume decreased by 14 percent relative to 2019 due to the impact of COVID-19.Operating and marketing, general and administrative (“MG&A”) costs decreased by a combined $80 million relative to 2019....

VANCOUVER, British Columbia, Aug. 06, 2020 (GLOBE NEWSWIRE) — Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV; OTCQX: TREVF) is pleased to announce today that it has entered into a second amended and restated credit agreement with a syndicate of lenders for an up to US$150 million first lien secured revolving credit facility, (the “Amended Revolving Credit Facility”). In addition, the Company has entered into an up to US$20 million second lien secured facility agreement with Glencore Canada Corporation, an affiliate of the Company’s largest shareholder, Glencore plc (“Glencore”) (the “Glencore Facility” and together with the Amended Revolving Credit Facility, the “Facilities”). Glencore holds approximately 26.3% of the issued and outstanding common shares of the Company. A special committee of the Company has reviewed...

MADISON, Wis., Aug. 06, 2020 (GLOBE NEWSWIRE) — Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) for the three months ended June 30 as follows:“Our purpose-driven strategy has once again delivered solid results. We recently released our new Corporate Responsibility Report highlighting dozens of stories of how we are living our values as we deliver on our environmental goals and serving the social needs of the communities we call home, which have been even more important during the first half of this year,” said John Larsen, Alliant Energy Chairman, President and CEO.  “With continued focus on cost management to offset COVID-19 impacts on sales, we are affirming our 2020 earnings guidance range.”Utilities and Corporate Services...

TORONTO, Aug. 06, 2020 (GLOBE NEWSWIRE) — Magnolia Colombia Limited (“Magnolia” or the “Company”) (TSXV: MCO) is pleased to announce that, in connection with the proposed transaction with Gamesquare Inc. (“Gamesquare”) as described in press releases dated February 10, 2020, February 26, 2020 and March 20, 2020 (the “RTO”), it intends to complete a non-brokered private placement financing of up to 12,000,000 units (each, a “Unit”) at a price of $0.25 per Unit for gross proceeds of up to $3,000,000 (the “Offering”). As part of the RTO, Magnolia intends to delist its common shares from the TSX Venture Exchange (the “TSXV”), list its common shares on the Canadian Securities Exchange (the “CSE”), and complete a consolidation of its common shares on a basis of 5.8 pre-consolidation shares for one post-consolidation share (the “Share Consolidation”)....

HALIFAX, Nova Scotia, Aug. 06, 2020 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a 2019 TSX Venture 50™ ranked company focused on the home health care industry, is pleased to announce the release of financial results for the second quarter ended June 30, 2020.  All amounts are in United States dollars unless otherwise specified.Nova Leap Second Quarter of 2020Highlights for the quarter ended June 30, 2020 included the following:The cash balance of $2,754,087 as at June 30, 2020 was the highest reported cash balance in the Company’s history.Record operating cash flows of $596,936 for Q2 2020 which was more than a 200% increase over both Q2 2019 operating cash flows of $179,972 and Q1 2020 operating cash flows of $189,913. Of the Q2 2020 cash flows, $282,509 can be attributed to the Canadian...

STAMFORD, Conn., Aug. 06, 2020 (GLOBE NEWSWIRE) — Stamford, Connecticut, August 6, 2020. Independence Holding Company (NYSE: IHC) today reported 2020 second-quarter and six-month results.      Financial ResultsNet income of $421,000, or $.03 per share for the three months ended June 30, 2020 compared to $6,847,000 or $.46 per share, diluted, for the three months ended June 30, 2019.  Net income was $4,699,000 or $.32 per share, diluted, for the six months ended June 30, 2020 compared to $15,574,000 or $1.04 per share, diluted, for the six months ended June 30, 2019.Net income in 2020 is lower primarily because of the following two factors.  First, we have experienced a material increase in expenses related to the significant increase in hiring, licensing and training a large number of call center agents, all of whom are employees,...

Reports Profitable and Cash Flow Positive QuarterJERICHO, NY, Aug. 06, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Paltalk, Inc., formerly known as PeerStream, Inc. (“Paltalk,” the “Company,” “we,” “our” or “us”) (OTCQB: PALT), a leading communications software innovator that powers multimedia social applications, today announced financial and operational results for the second quarter ended June 30, 2020.FINANCIAL AND BUSINESS HIGHLIGHTS:During the three months ended June 30, 2020, the Company executed key components of its business objectives, which resulted in the following:    achieved net income of $0.5 million for the three months ended June 30, 2020 by growing subscription revenue compared to the same period last year and by executing on our streamlined operating plan, which eliminated costs associated with our secure...

TORONTO, Aug. 06, 2020 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or “the Company”) (TSX: MND, OTCQB: MNDJF) today announced that its second quarter 2020 financial results will be released after market close on August 12, 2020, followed by a conference call with Dominic Duffy, President and Chief Executive Officer of Mandalay, for investors and analysts on August 13, 2020, at 8:00 AM (Toronto time).Analysts and interested investors are invited to participate using the following dial-in numbers:A replay of the conference call will be available until 11:59 PM (Toronto time), August 27, 2020, and can be accessed using the following dial-in number:For Further Information:Dominic DuffyPresident and Chief Executive OfficerEdison NguyenManager, Analytics and Investor Relations(647) 260-1566About Mandalay Resources Corporation:Mandalay...