Day: November 26, 2020

Marksmen Announces Q3 2020 Filings on SEDAR

CALGARY, Alberta, Nov. 26, 2020 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (TSXV: MAH) (OTCQB: MKSEF) (“Marksmen” or the “Company”) announces that it has filed disclosure documents for the three and nine-months ended September 30, 2020 on SEDAR as listed below:Unaudited Financial StatementsManagement’s Discussion and AnalysisCEO certificate of interim filingsCFO certificate of interim filingsThese documents can be found in Marksmen’s disclosure documents on the SEDAR website at www.sedar.com.For additional information regarding this news release please contact Archie Nesbitt, Director and CEO of the Company at (403) 265-7270 or e-mail ajnesbitt@marksmenenergy.com.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the...

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Simply Group Acquisition Corp. Completes Compulsory Acquisition of Common Shares of Dealnet Capital Corp.

TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) — Dealnet Capital Corp. (“Dealnet” or the “Company”) (TSX VENTURE: DLS) and Simply Group Acquisition Corp. (the “Offeror”), part of the Simply Group of Companies, today announced that the Offeror has completed its previously announced compulsory acquisition under the Business Corporations Act (Ontario) of all of the outstanding Dealnet common shares (“Common Shares”) not already owned by it following its previously announced successful take-over bid. As a result of the acquisition of such Common Shares, the Offeror now owns 100% of the issued and outstanding Common Shares. At Dealnet’s request, the trading of the Common Shares on the TSX Venture Exchange (the “TSXV”) has been halted and Dealnet expects that it will be delisted from the TSXV on or about November 27, 2020, subject to approval...

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WOW! Unlimited Media Announces Financial Results for the Third Quarter of 2020

VANCOUVER, British Columbia, Nov. 26, 2020 (GLOBE NEWSWIRE) — WOW! Unlimited Media Inc. (“WOW!” or the “Company”) (TSX-V: WOW; OTCQX: WOWMF) announced today its financial results for the three and nine months ended September 30, 2020.KEY Q3 2020 HIGHLIGHTSRevenue for the quarter was $15.5 millionOperating EBITDA was $0.6 millionThe Company reported positive operating EBITDA for the nine months ended Sep 30, 2020The Company announced and closed the first Tranche of a non-brokered private placement offering of unsecured convertible debentures, to replace the existing unsecured convertible debentures maturing in December 2020Company’s revolving credit facility increased from $1.5 million to $5.0 millionRestructuring at Frederator expected to provide potential EBITDA savings in excess of $2.0 million on an annualized basisNetflix picked...

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Robex Resources Inc. Reaches A New Record Quarterly Turnover of CAD 45.9 Million

QUEBEC CITY, Nov. 26, 2020 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex” or “the Company”) (TSXV: RBX/FWB: RB4) is pleased to report its financial results for the quarter ending September 30, 2020.All amounts presented are in Canadian dollars (CAD).Highlights of the third quarter of 2020:GOLD SALES INCREASED BY 80% Over the third quarter of 2020, 18,121 ounces of gold have been sold for a total of CAD 45.9 M, including all 7,831 ounces of the gold ingot stocks from June 30 for a total of CAD 19.5 M, compared to the 13,276 ounces of gold that were sold for CAD 25.5 M in the same period in 2019, thus an 80% increase. As a reminder, the difference between the number of ounces of gold sold and the number of ounces of gold produced during the periods is due to the timing of shipments, and to the Company’s liquidity management. 224%...

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Ressources Robex Inc. atteint un nouveau chiffre d’affaires trimestriel record de 45,9 millions CAD

QUÉBEC, 26 nov. 2020 (GLOBE NEWSWIRE) — Ressources Robex Inc. (« Robex » ou « la Société ») (TSXV : RBX/FWB : RB4) est heureuse de publier ses résultats financiers pour le trimestre terminé le 30 septembre 2020.Tous les montants sont présentés en dollars canadiens (CAD).Faits saillants du troisième trimestre de 2020 :AUGMENTATION DES VENTES D’OR DE 80 % Au cours du troisième trimestre de 2020, 18 121 onces d’or ont été vendues pour un montant de 45,9 millions CAD, incluant la totalité des stocks de lingots d’or au 30 juin de 7 831 onces pour un montant de 19,5 millions CAD, comparativement à 13 276 onces d’or pour un montant de 25,5 millions CAD pour la même période en 2019, soit une augmentation de 80 %. Pour rappel, l’écart entre le nombre d’onces d’or vendues et le nombre d’onces d’or produites durant les périodes est attribuable...

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Montero Announces Upsize of Non-Brokered Private Placement to $2.5 Million

TORONTO, Nov. 26, 2020 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) is pleased to announce that it has increased its previously announced non-brokered private placement offering (the “Offering”) to up to $2,500,000, composed of the sale up to 16,666,666 units (“Units”) at a price of $0.15 per Unit. Closing of the Offering is expected to occur on or about December 2, 2020.Each Unit will consist of one common share (“Common Share”) and one half of one Common Share purchase warrant (“Warrant”). Each whole Warrant will entitle the holder to purchase one Common Share at a price of $0.25 per Common Share until the date which is twenty four (24) months from the date of issuance. The Warrants will be subject to an acceleration provision whereby if the closing price of the Common Shares...

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Inventronics Announces 2020 Q3 Financial Results

CALGARY, Alberta, Nov. 26, 2020 (GLOBE NEWSWIRE) — Inventronics Limited (“Inventronics” or the “Corporation”) (IVX:TSX Venture), a designer and manufacturer of custom enclosures for the telecommunications, electric transmission, cable television and other industries in North America, today announced its unaudited 2020 Q3 financial results.For the three months ended September 30, 2020, Inventronics reported net earnings of $284,000, or 6.5 cents per share, on revenue of $2,050,000 compared to net earnings of $192,000, or 4.4 cents per share, on revenue of $1,898,000 for the three months ended September 30, 2019.   For the nine months ended September 30, 2020, Inventronics reported net earnings of $699,000, or 15.9 cents per share, on revenue of $4,685,000 compared to net earnings of $346,000, or 7.9 cents per share, on revenue of...

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PGS ASA: Scheme of Arrangement to Implement Financing Transaction

November 26, 2020: Oslo, Norway, PGS ASA (the “Company or “PGS”) announces today that it has launched a scheme of arrangement in England (the “Scheme”) via the issuance of a practice statement letter to the lenders under its ~$350 million revolving credit facility  and ~$522 million term loan B facility  (the “RCF/TLB Facility”). PGS is proposing the Scheme in order to implement the financing transaction announced on October 21, 2020 (the “Transaction”) in the manner contemplated in the Lock-Up Agreement dated October 21, 2020 (as described in PGS’ announcement on that date).  As of the date of this announcement, lenders representing 95.4% by value of debt and 99.5% by number of the RCF/TLB Facility have entered into the Lock-up Agreement and thereby agreed to support the Transaction. This represents more than sufficient...

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Appreciated Media Defaults on Debt Obligations

VANCOUVER, British Columbia, Nov. 26, 2020 (GLOBE NEWSWIRE) — Appreciated Media Holdings Inc. (“Appreciated Media” or the “Corporation“) (TSXV: AMH) (OTCQB: AMEFF) announces the expiry of the forbearance period (the “Forbearance Period”) granted pursuant to the forbearance agreement, as amended and supplemented, between the Corporation and Amcomri GP BVI Limited (“Amcomri”) previously announced on August 17, 2020.Amcomri LoansThe Corporation is indebted to Amcomri in the aggregate amount of approximately C$900,000 pursuant to a loan agreement entered into between the Corporation and Amcomri dated May 2, 2019 (the “Loan Agreement”) and a promissory note issued by the Corporation in favour of Amcomri dated October 19, 2020 (the “Note”). Pursuant to the Loan Agreement and the Note, the Corporation borrowed an...

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Results of General Meeting

Chrysalis VCT plc (the “Company”)LEI: 2138009FVDWULSIOX404Results of General Meeting26 November 2020Results of General MeetingAt a General Meeting of the Company, held earlier today, all resolutions as set out in the notice of the General Meeting of the Company dated 30 October 2020 (the “Resolutions”) were passed with the requisite majority. The proposals to put the company into members’ voluntary liquidation will now be implemented.Details of the proxy votes in respect of the resolutions which were received as at 4.00 p.m. on 24 November 2020 are set out below:A copy of the Resolutions will be submitted to the National Storage Mechanism and will shortly be available for viewing online at the following website: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.Further to the passing of the Resolutions, the cancellation of the listing...

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