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Month: August 2020

Festi hf.: Financial results for Q2 2020

Main resultsMargin from sales of goods and services was ISK 5,244 million compared to ISK 5,048 million in Q2 2019, an increase of 3.9%EBITDA ISK 1,703 million compared to ISK 1,892 million in Q2 2019, a decrease of 10%Decline in performance as a result of Covid-19 restrictionsEquity ISK 29,274 million and equity ratio 35.5% compared to 35.3% at the end of year 2019.Net interest-bearing debt without lease liabilities ISK 28,569 million compared to ISK 28,011 million at end of year 2019.EBITDA guidance for 2020 is unchanged at ISK 7,100 – 7,700 millionEggert Þór Kristófersson, CEO of Festi:,,We have been fighting through a world epidemic and in light of this situation we are very pleased with the 2020 second quarter result, which is in line with our expectations. I want specially to praise our employees for their dedication and hard work,...

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Dorchester Minerals, L.P. Announces Second Quarter Results

DALLAS, Aug. 06, 2020 (GLOBE NEWSWIRE) — Dorchester Minerals, L.P. (the “Partnership”) (NASDAQ-DMLP) announced today the Partnership’s net income for the quarter ended June 30, 2020 of $1,192,000, or $0.03 per common unit.A comparison of the Partnership’s consolidated results for the quarter ended June 30, 2020 and 2019 are set forth below:The Partnership previously declared its second quarter distribution in the amount of $0.226318 per common unit payable on August 13, 2020 to common unit holders of record as of August 3, 2020. The Partnership’s cash distributions are not comparable to its net earnings due to timing and other differences including depletion.Dorchester Minerals, L.P. is a Dallas based owner of producing and non-producing oil and natural gas mineral, royalty, overriding royalty, net profits, and leasehold interests...

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Leading Pharmacy Selects Bridgeline’s Search to Power Site Search and Increase eCommerce Transactions

WOBURN, Mass., Aug. 06, 2020 (GLOBE NEWSWIRE) — Bridgeline Digital, Inc. (NASDAQ: BLIN), a provider of cloud-based digital experience software, announced today a leading pharmacy has selected Celebros Search by Bridgeline as their advanced search solution for their eCommerce store.Bridgeline is strong in the pharmacy sector with several new customers that have selected Bridgeline, who have experienced increases in business and personal protective equipment sales due to the COVID-19 pandemic.The company was founded over 50 years ago and specializes in pharmacy and beauty, with a retail presence that includes optical and photo services. They are committed to providing exceptional customer and patient care and invest heavily in training their team to the highest level to ensure the best possible service.Bridgeline’s search was selected...

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Festi hf.: Afkoma á 2. ársfjórðungi 2020

Helstu niðurstöðurFramlegð af vöru- og þjónustusölu í 2F 2020 voru 5.244 m.kr. samanborið við 5.048 m.kr. í 2F 2019, sem samsvarar 3,9% aukningu milli ára.EBITDA nam 1.703 m.kr. á 2F 2020 samanborið við 1.892 m.kr. 2F 2019, sem jafngildir 10% lækkun.Lakari niðurstöðu má rekja til áhrifa COVID-19 takmarkana.Eigið fé í lok 2F 2020 var 29.274 m.kr. og eiginfjárhlutfall 35,5% samanborið við 35,3% í lok árs 2019.Nettó vaxtaberandi skuldir án leiguskulda var 28.569 m.kr. samanborið við 28.011 m.kr. í lok árs 2019.EBITDA spá fyrir árið 2020 er óbreytt og er á bilinu 7.100 – 7.700 m.kr.Eggert Þór Kristófersson, forstjóri Festi:„Við erum að berjast saman í gegnum heimsfaraldur og í því ljósi erum við mjög ánægð með niðurstöðu annars ársfjórðungs 2020, sem var í takt við okkar væntingar. Öflugt starfsfólk sem stendur vaktina með okkur alla daga...

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Goliath Closes Upsized $2,166,194 Financing Including a Strategic Investment By a Syndicate Led By Palisades Goldcorp

TORONTO, Aug. 06, 2020 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (OTCQB: GOTRF) (Frankfurt: B4IE) (the “Company” or “Goliath”) is pleased to report that the previously announced non-brokered private placement and strategic investment syndicate led by Palisades Goldcorp Ltd. (“Palisades”) dated July 16, 2020 for $1,500,000 (Click Here) has closed for upsized gross proceeds of $2,166,194 due to significant investor demand.The flow through funding consisted of 3,983,455 flow through units (“FT Units”), priced at $0.23 each for gross proceeds of $916,194 of which the Palisades syndicate has acquired. Each FT Unit consists of one flow-through common share plus one warrant to purchase one common share at $0.25 for five years.The non flow-through funding consisted of 6,250,000 units (“NFT Units”) priced at $0.20 for gross...

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Generation Mining identifies high priority MT drill target within Marathon Deposit Feeder Zone

TORONTO, Aug. 06, 2020 (GLOBE NEWSWIRE) — Generation Mining Limited (TSX:GENM) (“Gen Mining” or the “Company”) is pleased to announce the preliminary results from its SPARTAN Magnetotelluric  (“MT”) survey over a portion of the Marathon Deposit resource including the W Horizon and structures to the west of the deposit which are believed to have provided a favourable environment for enriched palladium mineralization.  Analysis of the MT data has identified one prospective target which consists of a discrete, previously undrilled, conductive MT anomaly situated at a vertical depth of approximately 650 meters downdip and immediately west of the Marathon Palladium Copper Deposit (Figure 1).   The anomaly is at a depth beyond the depth penetration capabilities of a preexisting airborne electromagnetic survey of this area (completed by...

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EEStor enters into Letter of Intent to Acquire Green NH3

TORONTO, Aug. 06, 2020 (GLOBE NEWSWIRE) — EEStor Corporation (TSX.V: ESU) (“EEStor”), is pleased to announce it has entered into a letter of intent, dated August 6, 2020, pursuant to which it proposes to acquire all of the outstanding share capital of Green NH3 Inc. (“GREEN NH3”).  Based in Georgetown, Ontario, Canada, GREEN NH3 is a private company involved in research, development and commercialization of zero-emission NH3 fuel, generated from its patented and scalable process.Roger Gordon, Founder and CEO of GREEN NH3 and its patent holder, stated: “The team at GREEN NH3 is excited by this transaction and the variety of opportunities that the combined enterprise addresses. We are pleased to be associated with Ian Clifford and his team, who have extensive development and production experience and a long history in the public markets....

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Uniti Group Inc. Announces Date Change for Second Quarter 2020 Financial Results and Conference Call

LITTLE ROCK, Ark., Aug. 06, 2020 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that it has changed the date of its previously announced financial results and conference call to August 10, 2020 at 4:15 PM Eastern Time. Kenny Gunderman, President and Chief Executive Officer, commented, “Our conference call is being rescheduled to allow the Company additional time to finalize the appropriate financial accounting for the settlement agreement with Windstream. All of our businesses continue to demonstrate strong operational performance, and the effects from COVID-19 remain minimal. We continue to expect Windstream will emerge from bankruptcy later this summer, at which time, our previously announced settlement agreement is expected to become effective.”The dial-in number for the conference...

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Ocugen to Host Conference Call on Friday, August 14 at 8:30 a.m. ET to Discuss Second Quarter 2020 Financial Results and Provide Business Update

MALVERN, Pa., Aug. 06, 2020 (GLOBE NEWSWIRE) — Ocugen, Inc. (NASDAQ: OCGN), a biopharmaceutical company focused on discovering, developing, and commercializing transformative therapies to cure blindness diseases, today announced that it will host a conference call to discuss its Q2 2020 financial results and provide a business update at 8:30 a.m. on Friday, August 14, 2020.The company will issue a pre-market earnings announcement the same day. Investors are invited to participate on the call using the following details:About Ocugen, Inc.Ocugen, Inc. is a biopharmaceutical company focused on discovering, developing, and commercializing transformative therapies to cure blindness diseases. Our breakthrough modifier gene therapy platform has the potential to treat multiple retinal diseases with one drug – “one to many” and our novel...

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