Day: November 11, 2020

Relevium Provides Update to Management Cease Trade Order

MONTREAL, Nov. 11, 2020 (GLOBE NEWSWIRE) — Relevium Technologies Inc. (TSX.V: “RLV”, OTC: “RLLVF” and Frankfurt: “6BX”) (the “Company” or “Relevium”) is providing an update to its previously disclosed management cease trade order (“MCTO”), announced on October 27, 2020, in respect of the audited annual financial statements and corresponding management’s discussion and analysis for the year ended June 30, 2020, including the CEO and CFO certifications (collectively, the “Annual Financial Filings”) that were not filed by the required filing deadline of October 28, 2020 (the “Filing Deadline”).As previously disclosed, the Annual Financial Filings were not filed on or before the Filing Deadline due to the fact that the Company has changed its auditors from Guimond Lavallée Inc. to RSM Canada LLP and the COVID-19 pandemic....

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Petrolympic Acquire 100% Interest in the Evangelic Lake Gold Property, Near Sudbury, Ontario

TORONTO, Nov. 11, 2020 (GLOBE NEWSWIRE) — Petrolympic Ltd. (TSX.V:PCQ) (OTC:PCQRF) (the “Company”) is pleased to announce that the Company has entered into an agreement to acquire a gold property located in the south of the Sudbury mining camp, Province of Ontario (the “Property”). The Property consists of 24 map designated mining claims (cells) covering 600 Ha property in Southwest of Espanola, Ontario, District of Sudbury (NTS 41/04F) approximately 70 km Southwest of the town of Sudbury, a major gold mining center in Central Ontario.On execution of the purchase agreement the Company paid the vendors an aggregate cash payment of $25,000.00 as part of the purchase price. The remainder of the purchase price will be satisfied through the issuance of an aggregate of 500,000 common shares of the Company. Upon...

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Andrew Peller Limited Reports Increased Earnings in Second Quarter of Fiscal 2021

GRIMSBY, Ontario, Nov. 11, 2020 (GLOBE NEWSWIRE) — Andrew Peller Limited ADW.A/ADW.B (“APL” or the “Company”) announced solid performance for the three and six months ended September 30, 2020.SIX MONTHS FISCAL 2021 HIGHLIGHTS:                                                                                Sales up by 1.0% in Q2 and 2.1% year to date on strong performance in majority of trade channels;Launch of new e-commerce portal contributes to sales growth;Gross margin impacted by change in sales mix due to COVID-19 pandemic;Selling and administration expenses decrease due to reduced spending as a result of pandemic;EBITA increases by 4.7% in Q2 to $22.4 million from $18.9 million last year and 4.2% year to date to $45.0 million from $35.7 million last year; andNet earnings rise to $23.9 million from $16.4 million last year.“We...

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SmartCentres Real Estate Investment Trust Releases Third Quarter Results for 2020

Focused on GrowthTransit City Condominium Closings Contribute to 13.1% Increase in FFO (12.3% Growth in FFO per Unit) with Continued Growth of FFO Expected in Q4Mixed-use Intensification Program Increasing with Construction on Transit City Condominiums, High-rise Residential Rentals at SmartVMC and Laval, Retirement Homes, Self-Storage Projects and Recently Received Approval to Permit an Additional 12.0 Million Sq. Ft. of Mixed-use Space in CambridgeWalmart-anchored Open-format Shopping Centres Providing Recurring Income with Committed Occupancy Rate of 97.4%Tenant Rent Collection Levels Continue to ImproveTORONTO, Nov. 11, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) is pleased to report its financial and operating results for the third quarter ended September 30,...

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Mercer Park Brand Acquisition Corp. Reports Third Quarter 2020 Financial Results

TORONTO, Nov. 11, 2020 (GLOBE NEWSWIRE) — MERCER PARK BRAND ACQUISITION CORP. (“Mercer” or the “Company”) is reporting its financial results for the three and nine months ended September 30, 2020. The Company’s unaudited interim financial statements along with its management discussion and analysis has been filed on the System for Electronic Document Analysis and Retrieval and may be viewed by shareholders and interested parties under the Company’s profile at www.sedar.com.About Mercer Park Brand Acquisition Corp.Mercer Park Brand is a special purpose acquisition corporation incorporated under the laws of the Province of British Columbia for the purpose of effecting a Qualifying Transaction.Forward-Looking StatementsThis press release may contain forward looking information within the meaning of applicable securities legislation,...

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New Pacific Reports Financial Results for the Three Months Ended September 30, 2020

VANCOUVER, British Columbia, Nov. 11, 2020 (GLOBE NEWSWIRE) — New Pacific Metals Corp. (“New Pacific” or the “Company”) reports its unaudited condensed consolidated interim financial results for the three months ended September 30, 2020. This news release should be read in conjunction with the Company’s MD&A and the financial statements and notes thereto for the corresponding period which have been posted under the Company’s profile on SEDAR at www.sedar.com and are also available on the Company’s website at www.newpacificmetals.com. All figures are expressed in Canadian dollars unless otherwise stated.QUARTERLY HIGHLIGHTSWorking capital of $68.88 million to advance the Silver Sand Project and regional exploration initiatives including the Silverstrike Project;Continued to expand the Snake Hole Zone on the Silver...

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Savaria Announces 2020 Q3 Results: Revenue of $90.8M and Adjusted EBITDA margin at 18.6%

LAVAL, Québec, Nov. 11, 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 third quarter of fiscal 2020.HighlightsRevenue was $90.8M, down $5.6M, or 5.8%;Gross profit was $32.6M, up $0.4M, or 1.4%, representing 35.9% of revenue compared to 33.3%;Adjusted net earnings stable at $8.2M, or $0.17 per share on a diluted basis;Adjusted EBITDA was $16.9M, up $1.3M or 8.1%.A word from the President“I am very satisfied with the results of the third quarter of 2020. Our revenue and adjusted EBITDA numbers show investors that, despite a global pandemic, we can perform. We have focused our efforts on our core segment of accessibility products which represents approximately 75% of revenue and 90% of our adjusted EBITDA,”...

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Savaria annonce les résultats de son 3e trimestre 2020: Revenus de 90,8 M $ et marge du BAIIA ajusté de 18,6 %

LAVAL, Québec, 11 nov. 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 3e trimestre de l’exercice 2020.Faits saillantsRevenus de 90,8 M $, en baisse de 5,6 M $, ou 5,8 %;Marge brute de 32,6 M $, en hausse de 0,4 M $, ou 1,4 %, représentant 35,9 % des revenus comparativement à 33,3 %;Résultat net ajusté stable à 8,2 M $, ou 0,17 $ par action sur une base diluée;BAIIA ajusté de 16,9 M $, en hausse de 1,3 M $ ou 8,1 %.Mot du Président« Je suis très satisfait des résultats de notre 3e trimestre 2020. Nos revenus et notre BAIIA ajusté démontrent aux investisseurs que, malgré une pandémie mondiale, nous pouvons performer. Nous avons concentré nos efforts sur nos produits d’accessibilité qui...

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Dye & Durham Announces $175 Million Bought Deal Offering of Common Shares

Not for distribution to U.S. news wire services or dissemination in the United States.TORONTO, Nov. 11, 2020 (GLOBE NEWSWIRE) — Dye & Durham Limited (“Dye & Durham” or the “Company”) (TSX: DND) today announced that it has entered into an agreement with an underwriting syndicate led by Scotia Capital Inc., Canaccord Genuity Corp. and BMO Capital Markets (collectively, the “Underwriters”) to complete a new issue (the “Offering”), on a bought deal basis, of an aggregate of 8,600,000 common shares at a purchase price of C$20.35 per common share for aggregate gross proceeds of C$175 million.The Company has also granted the Underwriters an over-allotment option, exercisable for a period of 30 days from the date of the closing of the Offering, to purchase up to an additional 15% of the aggregate common shares to be sold pursuant...

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Parkland Corporation Announces November 2020 Dividend

CALGARY, Alberta, Nov. 11, 2020 (GLOBE NEWSWIRE) — Parkland Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.1012 per share will be paid on December 15, 2020 to shareholders of record on November 20, 2020. The dividend will be an ‘eligible dividend’ for Canadian income tax purposes. The ex-dividend date is November 19, 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 www.parkland.ca/en/investors/dividends.Shareholders who wish...

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