Month: August 2020

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TORONTO and MONTREAL, Aug. 13, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announced today its results for the quarter ended June 30, 2020.HighlightsQ2 2020 net income of $6,883,796 was up $2,842,059 compared to $4,041,737 for Q2 2019.Q2 2020 net operating income of $9,804,797 was up $59,338 or 0.6% compared to $9,745,459 for Q2 2019.Q2 2020 normalized AFFO per unit of $0.049 decreased by 0.7% as compared to Q2 2019 normalized AFFO per unit of $0.050; normalized AFFO payout ratio for Q2 2020 of 79.8% is down from 80.5% for Q2 2019.Q2 2020 normalized AFFO per unit of $0.049 remained stable as compared to Q1 2020 normalized AFFO per unit of $0.049; normalized AFFO payout ratio is down from 81.3% to 79.8%.Conservative debt to total assets ratio of 48.0%.Two potential industrial asset...

MONTRÉAL et TORONTO, 13 août 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourd’hui ses résultats pour le deuxième trimestre terminé le 30 juin 2020.Faits saillantsBénéfice net pour le trimestre de 6 883 796 $ en hausse de 2 842 059 $ par rapport à 4 041 737 $ pour le deuxième trimestre de 2019.Bénéfice d’exploitation net pour le trimestre de 9 804 797 $ en hausse de 59 338 ou 0,6% par rapport à 9 745 459 $ pour le deuxième trimestre de 2019.Flux de trésorerie liés à l’exploitation ajustés (mieux connu sous l’acronyme anglais de « AFFO ») normalisés par part pour le deuxième trimestre de 0,049 $, en baisse de 0,7% par rapport à l’AFFO par part de 0,050 $ au deuxième trimestre de 2019; taux de distribution de l’AFFO normalisé de 79,8% pour le trimestre,...

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. 13, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (TSX: HWO) (the “Corporation” or “High Arctic”) released its’ second quarter results today.HighlightsThe following highlights the Corporation’s results for Q2-2020 and YTD-2020:Focus on working capital management to preserve our cash balances and maintain a strong balance sheet during the current global coronavirus (“COVID-19”) crisis has positioned High Arctic to be ready once restrictions loosen through the following:Increased net cash balance by $5.2 million.Strong working capital position of $49.7 million at June 30, 2020, andUnused bank credit facility of $35.0...

LA JOLLA, Calif., Aug. 13, 2020 (GLOBE NEWSWIRE) — Equillium, Inc. (Nasdaq: EQ), a clinical-stage biotechnology company developing itolizumab to treat severe autoimmune and inflammatory disorders, today announced the pricing of an underwritten public offering of 5,000,000 shares of common stock at a public offering price of $7.00 per share. In addition, Equillium has granted the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock at the public offering price less the underwriting discount. Equillium anticipates its gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses, to be approximately $35 million, excluding any exercise of the underwriters’ option to purchase additional shares. The offering is expected to close on or about August...

BEDFORD, Texas, Aug. 13, 2020 (GLOBE NEWSWIRE) — Legacy Housing Corporation (NASDAQ: LEGH) today announced its financial results for the second quarter ended June 30, 2020.Financial Highlights:Revenue for the second quarter of 2020 was $46.0 million, which was a slight improvement from the net revenue of $45.8 million in the second quarter of 2019.Interest income in the second quarter of 2020 was $6.1 million, a nearly 20% increase from the $5.1 million recorded in the second quarter of 2019.Income from operations in the second quarter of 2020 was $11.2 million, which was substantially unchanged from the $11.5 million in the second quarter of 2019.Selling, general and administrative expense in the second quarter of 2020 was $4.1 million, a 33.9% decrease from the $6.1 million in the second quarter of 2019. This was due to a reduction...

Revenues Increased 11% and EBITDA Improved $3.5 Million Over Q1 2020, Best Financial Performance Since Company IPOHACKETTSTOWN, NJ, Aug. 13, 2020 (GLOBE NEWSWIRE) — Vislink Technologies, Inc. (“Vislink” or the “Company”) (Nasdaq: VISL) announced its results for the second quarter ended June 30, 2020. Company management will host a live webcast on Friday, August 14, 2020 at approximately 10:00 a.m. ET to review the Company’s financial and operating results and provide a general business update (see webcast details below).Financial HighlightsRevenues for the three months ended June 30, 2020 were $6 million, compared to $5.4 million in the first quarter of 2020 and $7.4 million for the three months ended June 30, 2019.EBITDA (earnings before interest, taxes depreciation and amortization) was a negative $421,000 for the three months...

TORONTO, Aug. 13, 2020 (GLOBE NEWSWIRE) — Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the three and six months ended June 30, 2020. All financial figures contained herein are expressed in U.S. dollars (“USD”) unless otherwise noted.Gran Colombia also announced today that its Board of Directors has approved the initiation of the Company’s quarterly dividend program. The first quarterly dividend of CA$0.015 per common share will be paid on October 15, 2020 to shareholders of record as of the close of business on September 30, 2020.Serafino Iacono, Executive Chairman of Gran Colombia, commenting on the Company’s latest results, said, “Our management team has done...

TORONTO, Aug. 13, 2020 (GLOBE NEWSWIRE) — We are advised by Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) that journalists and other readers should disregard the news release, Gran Colombia Gold Reports Second Quarter and First Half 2020 Results; Announces Quarterly Dividend Program issued Aug. 13, 2020 over GlobeNewswire.

CALGARY, Alberta, Aug. 13, 2020 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (the “Company” or “STEP”) (TSX:STEP) is pleased to announce its financial and operating results for the three and six months ended June 30, 2020. The following press release should be read in conjunction with the unaudited condensed consolidated interim financial statements and notes thereto as at and for the three and six months ended June 30, 2020 (the “Financial Statements”), the MD&A dated August 13, 2020 and audited consolidated financial statements as at and for the year ended December 31, 2019 and related MD&A (the “Annual MD&A”).  Readers should also refer to the “Forward-looking information & statements” legal advisory and the section regarding “Non-IFRS Measures” at the end of this press release.  All financial amounts and...