Day: November 4, 2020

Calibre Reports Record Financial and Operating Results for Q3, Generating $46 Million in Operating Cash Flow and $30 Million in Free Cash Flow; 2020 Guidance Revised To Reflect Higher Production and Lower Costs

Written by Customer Service on November 4, 2020. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, Nov. 04, 2020 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operational results for the three months ended September 30, 2020 (“Q3 2020”). Full Condensed Interim Consolidated Financial Statements and the Management Discussion & Analysis can be found at www.sedar.com and the Company’s website, www.calibremining.com. All figures are expressed in U.S. dollars.Q3 2020 HIGHLIGHTSReturned to steady-state production levels in July 2020;Gold production of 45,341 ounces— 23,262 ounces at Libertad at AISC1 of $902/oz; and— 22,079 ounces at Limon at AISC1 of $934/oz.Gold sales of 44,842 ounces, generating revenue of $85.8 million at an average realized price of $1,913/oz;Cash on hand of $55.7 million, an increase of $30.6...

LGI Homes Reports October 2020 Home Closings

Written by Customer Service on November 4, 2020. Posted in Public Companies.

THE WOODLANDS, Texas, Nov. 04, 2020 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced 818 home closings in October 2020, up from 715 home closings in October 2019, representing year-over-year growth of 14.4%. In addition, the Company ended the first ten months of 2020 with 6,749 home closings, a 14.6% increase over 5,890 home closings during the first ten months of 2019.As of the end of October 2020, the Company had 111 active selling communities.About LGI Homes, Inc.Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design, construction and sale of homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia and Virginia. Since 2018, LGI Homes has been ranked as the...

Badger Daylighting Ltd. Announces 2020 Third Quarter Results

Written by Customer Service on November 4, 2020. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, Nov. 04, 2020 (GLOBE NEWSWIRE) — Badger Daylighting Ltd. (“Badger”, the “Company”, “we”, “our” or “us”) (TSX:BAD) reported third quarter results today. All results are in Canadian dollars unless otherwise stated.2020 Third Quarter Financial and Operational HighlightsGross profit margin improved by 300 bps (180 bps excluding government assistance) and Adjusted EBITDA margin improved by 270 bps (140 bps excluding government assistance) as compared to the same period in 2019.Revenue was $156.9 million or approximately 85% of the revenue realized in the same period in 2019. Revenue continues to be negatively impacted by ongoing economic uncertainty caused by the COVID-19 pandemic and slower economic activity. Early fourth quarter revenue is tracking at approximately 80% to 90% of the revenue level realized in the same...

Oncternal Announces Third Quarter 2020 Financial Results and Provides Business Update

Written by Customer Service on November 4, 2020. Posted in Public Companies.

Rare Pediatric Disease Designation received from FDA for TK216 for treatment of Ewing sarcomaInterim Phase 1 data for TK216 in 15 evaluable patients with relapsed/refractory Ewing sarcoma demonstrated two complete responses, with no relapses after complete responseStrengthened the balance sheet by securing $10.1 million in equity financing during Q3 2020SAN DIEGO, Nov. 04, 2020 (GLOBE NEWSWIRE) — Oncternal Therapeutics, Inc. (Nasdaq: ONCT), a clinical-stage biopharmaceutical company focused on the development of novel oncology therapies, today provided a business update and reported third quarter 2020 financial results.“In the third quarter we continued advancing our oncology pipeline while strengthening our balance sheet,” said James Breitmeyer, M.D., Ph.D., President and CEO, Oncternal. “We expect to provide additional data updates...

Class 1 Announces First Tranche Closing and Corporate Update

Written by Customer Service on November 4, 2020. Posted in Public Companies.

TORONTO, Nov. 04, 2020 (GLOBE NEWSWIRE) — Class 1 Nickel and Technologies Ltd. (CSE: NICO) (“Class 1” or the “Company“) is pleased to announce the closing of the first tranche of its non-brokered private placement of: (i) flow-through units at an issue price of $0.80 per unit; and (ii) hard dollar units at an issue price of $0.70 per unit (collectively, the “Offering”).The Company raised $1,202,912 of hard dollar units in this tranche and anticipates closing on approximately $1,800,000 of flow-through units on the second tranche which is expected to close on November 11, 2020. Each flow-through unit will consist of one common share and one-half of one full common share purchase warrant exercisable for 36 months from the closing date with an exercise price of $1.05. Each hard dollar unit will consist of one...

Glen Burnie Bancorp Announces Third Quarter 2020 Results

Written by Customer Service on November 4, 2020. Posted in Public Companies.

GLEN BURNIE, Md., Nov. 04, 2020 (GLOBE NEWSWIRE) — Glen Burnie Bancorp (“Bancorp”) (NASDAQ: GLBZ), the bank holding company for The Bank of Glen Burnie (“Bank”), announced today a net income of $949,000, or $0.33 per basic and diluted common share for the three-month period ended September 30, 2020, as compared to net income of $606,000, or $0.21 per basic and diluted common share for the three-month period ended September 30, 2019.Bancorp reported net income of $1,123,000, or $0.40 per basic and diluted common share for the nine-month period ended September 30, 2020, compared to $1,060,000, or $0.38 per basic and diluted common share for the same period in 2019. At September 30, 2020, Bancorp had total assets of $430.9 million. Bancorp, the oldest independent commercial bank in Anne Arundel County, paid its 113th consecutive quarterly...

Diversified Royalty Corp. Announces November 2020 Cash Dividend

Written by Customer Service on November 4, 2020. Posted in Dividend Reports And Estimates.

VANCOUVER, British Columbia, Nov. 04, 2020 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.01667 per common share for the period of November 1, 2020 to November 30, 2020, which is equal to $0.20 per common share on an annualized basis. The dividend will be paid on November 30, 2020 to shareholders of record as of the close of business on November 13, 2020.About Diversified Royalty Corp.DIV is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. DIV’s objective is to acquire predictable, growing royalty streams from a diverse group of multi-location businesses and franchisors.DIV currently...

Kinross declares quarterly dividend

Written by Customer Service on November 4, 2020. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 04, 2020 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX:K; NYSE:KGC) (the “Company”) today announced that the Company’s Board of Directors has declared a dividend of US$0.03 per common share for the third quarter of 2020.The dividend is payable on December 10, 2020 to shareholders of record as of the close of business on November 25, 2020. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.About Kinross Gold CorporationKinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Chile, Ghana, Mauritania, and Russia. Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock...

BioDelivery Sciences Announces Appointment of Jeff Bailey as Permanent CEO

Written by Customer Service on November 4, 2020. Posted in Public Companies.

RALEIGH, N.C., Nov. 04, 2020 (GLOBE NEWSWIRE) — BioDelivery Sciences International, Inc. (NASDAQ: BDSI), a rapidly growing specialty pharmaceutical company dedicated to patients living with serious and complex chronic conditions, today announced that its Board of Directors has appointed Jeff Bailey as permanent Chief Executive Officer (CEO), effective November 4, 2020. Jeff had previously been appointed as interim CEO in May 2020 while continuing to serve on the Board of Directors.“Jeff has been extremely effective in managing the Company during this challenging period and continuously driving growth, and we are very pleased he has agreed to accept the role of permanent CEO,” stated Peter Greenleaf, Chairman of the Board of Directors of BDSI. “I am confident that Jeff has the strategic vision and expertise in the pharmaceutical...

Parex Q3 2020 Results: Increased Working Capital to US$371 mm, Debt Free and Repurchased 2.3 mm Shares

Written by Customer Service on November 4, 2020. Posted in Public Companies.

CALGARY, Alberta, Nov. 04, 2020 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company focused on Colombian oil exploration and production, announces its unaudited financial and operating results for the three months ended September 30, 2020 (“Third Quarter” or “Q3”). All amounts herein are in United States Dollars (“USD”) unless otherwise stated.Please note Parex will hold a conference call on Thursday, November 5, 2020 beginning at 9:30 am Mountain Time to discuss the Third Quarter results.2020 Third Quarter Highlights: Best-in-Class Balance SheetQuarterly average production was 44,305 barrels of oil equivalent per day (“boe/d”) (consisting of 4,626 barrels per day (“bbls/d”) of light crude oil and medium crude oil, 38,309 bbls/d of heavy crude oil and 8,220 thousand cubic...

Day: November 4, 2020

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