Month: August 2020

LAVAL, Québec, Aug. 12, 2020 (GLOBE NEWSWIRE) — Savaria Corporation (“Savaria”) (TSX: SIS), one of the global leaders in the accessibility industry, is pleased to announce today its results for the second quarter of fiscal 2020.HighlightsRevenue was $84.7M, down $9.3M, or 9.9%;Gross profit was $29.3M, down $2.8M, or 8.6%, representing 34.6% of revenue compared to 34.1%;Adjusted net earnings stable, coming in at $6.3M, or $0.12 per share on a diluted basis;Adjusted EBITDA was $14.5M, up $0.3M or 1.8%.A word from the President“Despite the challenging climate presented by COVID-19, we generated revenue of $84.7 million in the second quarter of 2020 and adjusted EBITDA stood at $14.5 million, an increase of 1.8% compared to the same period in 2019. We have continued to effectively manage costs by product and location,” stated Mr. Marcel...

LAVAL, Québec, 12 août 2020 (GLOBE NEWSWIRE) — Savaria Corporation (« Savaria ») (TSX : SIS), un des chefs de file mondiaux de l’industrie de l’accessibilité, divulgue aujourd’hui les résultats de son 2e trimestre de l’exercice 2020.Faits saillantsRevenus de 84,7 M $, en baisse de 9,3 M $, ou 9,9 %;Marge brute de 29,3 M $, en baisse de 2,8 M $, ou 8,6 %, représentant 34,6 % des revenus comparativement à 34,1 %;Résultat net ajusté stable à 6,3 M $, ou 0,12 $ par action sur une base diluée;BAIIA ajusté de 14,5 M $, en hausse de 0,3 M $ ou 1,8 %.Mot du Président« Malgré le climat difficile présenté par la COVID-19, nous avons atteint un revenu de 84,7 millions $ au deuxième trimestre de 2020 et un BAIIA ajusté de 14,5 millions $, en hausse de 1,8 % par rapport au même trimestre de l’année précédente. Cette hausse...

LONGUEUIL, Quebec, Aug. 12, 2020 (GLOBE NEWSWIRE) — D-BOX Technologies Inc. (TSX: DBO), a world leader in haptic and immersive entertainment experiences, announced today its financial results for the first quarter ended June 30, 2020. All amounts in this press release are in Canadian dollars.FINANCIAL HIGHLIGHTSHighlights for the First Quarter Ended June 30, 2020Compared with the fourth quarter ended June 30, 2019:Total revenues decreased from $7.5 million to $2.2 million as a result of the adverse impact of the COVID-19 pandemic.Recurring revenue decreased from $2.4 million to $0.1 million as a result of the adverse impact of the COVID-19 pandemic.Revenues related to systems sales from the entertainment market excluding home entertainment decreased from $2.7 million to $0.4 million.Revenues from home entertainment increased from...

LONGUEUIL, Québec, 12 août 2020 (GLOBE NEWSWIRE) — Technologies D-BOX Inc. (TSX : DBO), un chef de file mondial de l’industrie du divertissement haptique et immersif, a annoncé aujourd’hui les résultats de son premier trimestre clos le 30 juin 2020. Tous les montants sont exprimés en dollars canadiens.FAITS SAILLANTS FINANCIERSFaits saillants du premier trimestre clos le 30 juin 2020Comparaison avec le premier trimestre clos le 30 juin 2019 :Les revenus totaux ont diminué de 7,5 millions de dollars à 2,2 millions de dollars en raison des incidences négatives de la pandémie de la COVID-19.Les revenus récurrents ont diminué de 2,4 millions de dollars à 0,1 million de dollars en raison des incidences négatives de la pandémie de la COVID-19.Les revenus de la vente de système du marché du divertissement excluant le divertissement à domicile...

MONTRÉAL, Aug. 12, 2020 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that it has entered into a definitive agreement to acquire the outstanding 15% ownership in a portfolio of Canadian precious metals royalties held by the Caisse de dépôt et placement du Québec (the “Caisse”) for cash consideration of C$12.5 million (the “Transaction”). This 15% interest represents the remaining portion of the portfolio of royalties purchased from Teck Resources Ltd. in October 2015.The portfolio consists of 28 royalties on properties located in Canada, including royalties on Alamos Gold’s Island Gold mine and Eldorado Gold’s Lamaque mine. In 2019, the Island Gold and Lamaque royalties contributed approximately 3,000 gold equivalent ounces to Osisko’s production. The operators...

MONTRÉAL, 12 août 2020 (GLOBE NEWSWIRE) — Redevances Aurifères Osisko Ltée (la « Société » ou « Osisko ») (TSX et NYSE : OR) a le plaisir d’annoncer qu’elle a conclu une entente définitive visant à acquérir la participation de 15 % de la Caisse de dépôt et placement du Québec (la « Caisse ») dans un portefeuille canadien de redevances de métaux précieux pour une considération en espèces de 12,5 millions de dollars CA (la « transaction »). Ce droit de 15 % représente la portion restante du portefeuille de redevances qu’Osisko a acquis de Teck Resources Ltd. en octobre 2015.Le portefeuille comprend 28 redevances sur des propriétés situées au Canada, incluant des redevances sur la mine aurifère Island Gold d’Alamos Gold et sur la mine Lamaque d’Eldorado Gold. En 2019, les redevances d’Island Gold et Lamaque ont contribué à hauteur...

CALGARY, Alberta, Aug. 12, 2020 (GLOBE NEWSWIRE) — Parkland Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.1012 per share will be paid on September 15, 2020 to shareholders of record on August 21, 2020. The dividend will be an ‘eligible dividend’ for Canadian income tax purposes. The ex-dividend date is August 20, 2020.Enhanced Dividend Reinvestment PlanParkland’s enhanced Dividend Reinvestment Plan (“Enhanced DRIP”) allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 5% per share discount to the average of the daily volume weighted average trading prices during the Pricing Period. For further details on the Enhanced DRIP and the Pricing Period, please visit http://www.parkland.ca/en/investors/dividend/.Shareholders who wish...

Loan Portfolio of $1.13 billion, up 18%Net Charge-Off Rate of 10%, down 350 bpsAdjusted Diluted Earnings per Share of $1.89, up 50%Total Liquidity of $260 million, up 30%MISSISSAUGA, Ontario, Aug. 12, 2020 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY) (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services, announced its results for the second quarter ended June 30, 2020.               Second Quarter ResultsDuring the quarter, the Company generated record financial results, driven by strong credit performance and prudent expense controls, leading to an increase in cash flows and liquidity.The effects of the COVID-19 pandemic, which included stay at home orders, increased government subsidies and reduced living expenses for consumers, served to temporarily reduce overall demand. As such,...

TORONTO, Aug. 12, 2020 (GLOBE NEWSWIRE) — Bunker Hill Mining Corporation (the “Company”) (CSE:  BNKR) is pleased to announce that it has secured for USD 150,000 cash payment a further extension to the lease with the option to purchase the Bunker Hill Mine complex from the land-owner, Placer Mining Corporation. The extension is for a further 18 months and is in addition to the 6-month extension previously announced. This extension expires on August 1, 2022.This extension provides the Company with more time to invest the proceeds of the on-going financing in ways that compile and digitize fully over 95 years of historical and geological data, verify the historical reserves, and explore the high-grade silver targets within the mine complex.Dave Kriedeman, the President of Placer Mining Corporation, comments that: “over the last...

TORONTO, Aug. 12, 2020 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) today announces its financial results for the second quarter ending June 30, 2020 and provides an update on the Company’s activities at the Valentine Gold Project (the “Project”) in central Newfoundland.Highlights of the quarter are as follows:Completed the Pre-Feasibility Study (“PFS”) for the Project in April supporting an open pit mining operation with low initial capital cost and high rate of return over a 12-year mine life. The PFS shows an after-tax IRR of 36% and NPV5% of $472 million (US$354 million) based on US$1,350/oz gold, and an Initial capital cost of $272 million (US$205 million). Proven and Probable Mineral Reserves comprise 1.87 Moz (41.05 Mt at 1.41 g/t Au);Developed return-to-work protocols in response to...