Month: August 2020

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...

CALGARY, Alberta, Aug. 06, 2020 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or “the Company” or “we” or “our”), a leading supplier of products and services to the global energy industry, today reported its financial and operating results for the three and six months ended June 30, 2020, and announced the appointment of Mr. Fernando Assing to the Board of Directors.Summary Table of Second Quarter and First Half of 2020 Financial and Operating ResultsEarnings Before Interest (Finance Costs), Income Taxes, Depreciation, and Amortization (“EBITDA”) is considered a non-IFRS measure, which may not be comparable with similar non-IFRS measures used by other entities.Adjusted EBITDA is a non-IFRS measure. Please refer to the full reconciliation of these items in the Adjusted EBITDA section.Recurring revenue is comprised of revenue...

HOUSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) — Key Energy Services, Inc. (OTC: KEGX) will report second quarter 2020 financial results after the market close on Thursday, August 13, 2020, and Key management will host a conference call to discuss these results on Friday, August 14, 2020 at 10:00 a.m. CDT.Callers from the U.S. and Canada should dial 888-794-4637 to access the call. International callers should dial 352-204-8973. All callers should ask for the “Key Energy Services Conference Call” or provide the conference ID 1464738. The conference call will also be available live via the internet. To access the webcast, go to www.keyenergy.com and select “Investor Relations.”A telephonic replay of the conference call will be available on Friday, August 14, 2020, beginning approximately two hours after the completion...

Colorado Springs, Aug. 06, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced the appointment of Ms. Kimberly Perry to succeed John Labate as Chief Financial Officer, who is retiring from the Company.  Ms. Perry, a current member on the Board of Directors, will move into the CFO position and step down from her board seat effective August 14, 2020.  Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.  The Company has returned consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery. Ms. Perry has served as a member of the Company’s Board of Directors since April 11, 2019. ...

TORONTO, Aug. 06, 2020 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE:MLZ) (“MediPharm Labs” or the “Company”) a global leader in specialized, research-driven pharmaceutical-quality cannabis extraction, distillation and derivative products, is pleased to announce that it has received from escrow the remaining half, net of certain fees, of the $37,822,500 in gross proceeds from the Company’s June 8, 2020 private placement (the “Offering”).  All dollar amounts in this news release are in Canadian dollars.“We are pleased to have received the remaining portion of this strategic capital positioning us with increased financial strength and flexibility to deliver on longer-term opportunities with larger pharmaceutical and CPG companies and accelerate our entrance in international markets,” said Pat McCutcheon,...

HOUSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) today reported operational and financial results for the second quarter of 2020.Highlights and Recent Key Items:Exceeded production guidance for the quarter by producing 5,410 net revenue interest (“NRI”)(1) barrels of crude oil per day (“BOPD”), or 6,218 working interest (“WI”)(2) BOPD in Q2 2020;Sold 631,000 barrels of oil in Q2 2020 compared with 294,000 barrels in Q1 2020 due to a combination of four liftings in Q2 2020 compared with two liftings in Q1 2020 and higher production;Reported net income of $0.6 million ($0.01 per diluted share), Adjusted Net Income(3) of $5.3 million ($0.09 per diluted share) and generated Adjusted EBITDAX(3) of $10.1 million;Decreased Q2 2020 per barrel production expense, excluding workovers, by 17% to $19.31 per...

SAINT LAURENT, Quebec, Aug. 06, 2020 (GLOBE NEWSWIRE) — IntelGenx Technologies Corp. (TSX-V:IGX) (OTCQB:IGXT) (“IntelGenx”), a leader in pharmaceutical films, today announced that it will release its second quarter 2020 financial results after market close on August 13, 2020.An accompanying conference call will be hosted by Dr. Horst G. Zerbe, Chief Executive Officer, and Mr. Andre Godin, President and Chief Financial Officer, to discuss the results and provide a business update. Details of the conference call and webcast are below:Date: Thursday, August 13, 2020Time: 4:30 p.m. ETOnline Registration: Click hereAbout IntelGenxIntelGenx is a leading drug delivery company focused on the development and manufacturing of pharmaceutical films.IntelGenx’s superior film technologies, including VersaFilm® and VetaFilm™, as well as its transdermal...