Day: August 11, 2020

Revenue totaled $7.0 millionStrong media revenue driven by direct sales and subscriptionsSuccessful second virtual Pocket Gamer Connects, with over 1,300 attendees and elite sponsors including: Facebook Gaming, Microsoft, Agora.io, Unity and AppsflyerExceeded internal expectations with gross margin at 46%Page views increased 35% to 3.1 billion when compared to Q1 2020Strong cash position of $8.4 million at quarter-endSubsequent to quarter-end, the Company announced a $15 million bought deal financing and the acquisition of Omnia MediaTORONTO, Aug. 11, 2020 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (TSX: EGLX) (OTCQB:ENGMF) (FSE: 2AV) (“Enthusiast Gaming” or the “Company”) announced its financial results for the three months ending June 30, 2020 (“Q2 2020”). All financial information is presented in Canadian dollars unless...

NEW YORK, Aug. 11, 2020 (GLOBE NEWSWIRE) — Madison Square Garden Sports Corp. (NYSE: MSGS) will host a conference call to discuss results for its fourth quarter and fiscal year ended June 30, 2020 on Friday, August 14, 2020 at 10:30 a.m. Eastern Time. The Company will issue a press release reporting its results prior to the market opening.To participate via telephone, please dial 877-347-9170 with the conference ID number 9269626 approximately 10 minutes prior to the call.  The call will also be available via webcast at investor.msgsports.com under the heading “Events.”For those who are unable to participate on the conference call, you may access a recording of the call by dialing 855-859-2056 (conference ID number 9269626).  The call replay will be available from 1:00 p.m. Eastern Time, Friday, August 14, 2020 until 11:59 p.m....

GEORGE TOWN, Grand Cayman, Aug. 11, 2020 (GLOBE NEWSWIRE) — StoneCo Ltd. (“Stone” or the “Company”) today announced that it has launched a proposed follow-on public offering of $1.0 billion of its Class A common shares, which are being offered by the Company (the “Offering”) pursuant to an effective shelf registration statement on file with the Securities and Exchange Commission (the “SEC”). In connection with the offering, the Company has granted the underwriters the option to purchase up to $150 million of additional Class A common shares.Stone’s Class A common shares are listed on the Nasdaq Global Market under the ticker symbol “STNE.”Stone intends to use the net proceeds from the offering of the shares to finance the pending acquisition of Linx S.A., and to pay related fees and expenses, as well as for general corporate purposes....

Company to Host Conference Call on Wednesday, August 12, 2020 – 10:00 a.m. ETBoston, MA, Aug. 11, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Zoom Telephonics, Inc. (“Zoom”) (OTCQB: ZMTP), a leading creator of cable modems and other Internet access products, reported financial results for its 2020 second quarter ended June 30, 2020.Second Quarter 2020 Financial HighlightsNet sales were $10.3 million, up 26% year over yearGross profit was $2.1 million, down 23% year over year.Gross profit margin was 21%, down from 34% in prior second quarter.Second Quarter 2020 Business OverviewWe’ve seen record demand as customers focus on optimizing home networks on the already popular gateway products, which are available through online shopping and brick and mortar platforms such as Amazon, BestBuy, Target and now on Shop.MotoManage.com.Jeremy...

TORONTO, Aug. 11, 2020 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2021 first quarter ended June 30, 2020 and material events which occurred subsequent to quarter end. (All figures are in Canadian dollars unless otherwise stated)HighlightsJune 30, 2020 book value was $893.0 million or $59.27 per share versus $837.4 million or $55.55 per share as at March 31, 2020Net income for the first quarter of fiscal 2021 was $64.4 million or $4.27 per shareClairvest and Clairvest Equity Partners VI (“CEP VI”) completed a US$29.3 million equity investment in NovaSource Power Services (“NovaSource”). Subsequent to quarter end, NovaSource announced agreement to acquire First Solar Energy ServicesClairvest and CEP VI completed a US$10.0 million equity investment in Arrowhead Environmental Partners (“AEP”)Subsequent...

BURLINGTON, Ontario, Aug. 11, 2020 (GLOBE NEWSWIRE) — Rapid Dose Therapeutics Corp. trading on the Canadian Securities Exchange (“CSE”) under the symbol DOSE (“RDT” or the “Company”) announces that the Company, in conjunction with Leede Jones Gable, has received an initial advance from a strategic industry investor of $500,000 of financing as part of a proposed $6,000,000 credit facility.The financing comes from a lender with upstream assets who recognized the significance of the RDT technology and business model to allow for the rapid deployment of QuickStrip™ into the global markets. The high margin opportunity in the THC and CBD markets was key to the decision to select RDT as an investment opportunity. The proposed credit facility of which $3,000,000 (which includes the first tranche of $500,000) will be in the form of a term...

TORONTO, Aug. 11, 2020 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its second quarter 2020 financial results. All amounts are in U.S. dollars, unless otherwise noted.Second Quarter Results Boosted by Strong Manitoba OperationsStrong production and cost performance from the Manitoba operations during the quarter; an increase in production of all metals over the first quarter and record gold production driven by increasing Lalor gold grades and record gold recoveries at Stall.Successfully achieved efficient restart of operations at Constancia in mid-May with increased government-supported COVID-19 health and safety protocols in place.Second quarter net loss was $51.9 million or $0.20 per share. Second quarter adjusted net lossi per share was $0.15 and adjusted EBITDAi was $49.1...

SAN FRANCISCO, Aug. 11, 2020 (GLOBE NEWSWIRE) — SuRo Capital Corp. (“SuRo Capital” or the “Company”) (Nasdaq:SSSS) today announced an adjustment to the conversion rate of its 4.75% Convertible Senior Notes due 2023 (the “Notes”) as a result of the Company’s cash dividend payable on August 25, 2020.Effective as of August 11, 2020, the conversion price applicable to the Notes has been adjusted to $10.10 per share (99.0298 shares of the Company’s common stock per $1,000 principal amount of Notes) from the most recent conversion price of $10.21 per share (97.9448 shares of the Company’s common stock per $1,000 principal amount of Notes), which has been in effect since December 31, 2019.  The adjustment to the conversion rate of the Notes was made pursuant to the supplemental indenture governing the Notes as a result of the Company’s...

Strong organic growth across all key product lines, including recently acquired IXINITY®Generated $4.1 million of cash flow from operationsManagement to host conference call at 8:00 AM ET on Wednesday, August 12, 2020TORONTO, CHICAGO and MONTREAL, Aug. 11, 2020 (GLOBE NEWSWIRE) — Medexus Pharmaceuticals Inc. (the “Company” or “Medexus”) (TSXV: MDP, OTCQX: PDDPF) today provided a business update and announced its financial and operating results for the three-month period ended June 30, 2020.  All dollar amounts below are in Canadian dollars unless specified otherwise.First quarter fiscal 2021 financial highlights:Revenue increased to $27.5 million compared to $16.1 million for Q1 of fiscal 2020, driven by growth in IXINITY®, Rasuvo®, Metoject® and Rupall™Adjusted EBITDA* increased to $5.0 million compared to $0.5 million for the...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWCALGARY, Alberta, Aug. 11, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) “High Arctic” or the “Corporation” will release its 2020 second quarter results on Thursday, August 13, 2020 after markets close.Financial statements and Management’s Discussion and Analysis will be posted to www.haes.ca and SEDAR after the results are released, after market, Thursday August 13, 2020. Note that no conference call is scheduled for this quarter.About High ArcticHigh Arctic is a publicly traded company listed on the Toronto Stock Exchange under the symbol “HWO”. The Corporation’s principal focus is to provide drilling and specialized...