Month: November 2020

Unless otherwise noted, all financial figures are in Canadian dollars.CALGARY, Alberta, Nov. 30, 2020 (GLOBE NEWSWIRE) — Suncor released its 2021 corporate guidance today which reflects its capital allocation framework and includes:average upstream production of 740,000 to 780,000 barrels of oil equivalent per day (boe/d);expected debt repayment in 2021 of between $500 million and $1.0 billion;a capital program of between $3.8 and $4.5 billion (sustaining capital of $2.9 to $3.4 billion which includes In Situ well pads); and$500 million share repurchase program for the fiscal year 2021.“The decisions we made this year give us the ability to strengthen the balance sheet, increase shareholder returns, and invest in our business to grow future free funds flow,” said Mark Little, president and chief executive officer. “As we look to...

Tous les montants sont en dollars canadiens, à moins d’indication contraire.CALGARY, Alberta, 30 nov. 2020 (GLOBE NEWSWIRE) — Suncor a publié aujourd’hui les perspectives de la Société pour 2021 qui reflètent son cadre d’affectation du capital et comprend ce qui suit :une production moyenne du secteur Amont entre 740 000 et 780 000 barils d’équivalent pétrole par jour (bep/j);un remboursement de la dette en 2021 d’un montant entre 500 millions $ et 1 milliard $;un programme de dépenses en immobilisations entre 3,8 $ et 4,5 milliards $ (dépenses en immobilisations de maintien entre 2,9 G$ et 3,4 G$ qui comprennent les plateformes d’exploitation in situ); etun programme de rachat d’actions de 500 millions $ pour l’exercice 2021.« Les décisions que nous avons prises cette année nous permettent de...

Third Quarter 2020 Managed Case Volume Increased 77% to 2,685Assure Receives Forgiveness for United States Small Business Administration Loan Under CARES ActDENVER, Nov. 30, 2020 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), a provider of intraoperative neuromonitoring services (“IONM”), reported financial results for the third quarter ended September 30, 2020.Third Quarter 2020 Financial Results vs. Third Quarter 2019Total revenue was $4.0 million versus $8.0 million.Managed cases increased 77% to 2,685 versus 1,519.Equity method of investment in Provider Network Entities (“PNEs”) was ($0.2) million compared to $0.3 million.Net loss of ($1.0) million compared to net income of $3.7 million.Net loss per diluted share was ($0.03) compared to net income of $0.09 per diluted share.Adjusted...

Not for distribution to United States Newswire Services or for dissemination in the United StatesDENVER, Nov. 30, 2020 (GLOBE NEWSWIRE) — Assure Holdings Corp. (the “Company” or “Assure”) (TSXV: IOM; OTCQB: ARHH), is pleased to announce that it has entered into definitive agreements with certain accredited investors (each, an “Investor” and collectively, the “Investors”) for the private placement of 16,064,000 units of the Company (each, a “Unit” and collectively, the “Units“) at an issue price of US$0.64 per Unit, for gross proceeds of US$10,468,930 (the “Offering”) subject to closing conditions being met. The proceeds of the Offering are expected to be used for completing payments associated with Assure’s acquisition of Neuro-Pro, expanding the Company’s operational footprint into new states, launching...

DALLAS-FORT WORTH, Texas, Nov. 30, 2020 (GLOBE NEWSWIRE) — Monitronics International, Inc. and its subsidiaries (doing business as Brinks Home Security™), (“Brinks Home Security” or the “Company”) (OTC: SCTY) today announced that it will participate in the Imperial Capital 2020 Virtual Security Investors Conference. Mr. William Niles, Brinks Home Security’s Chief Executive Officer, will speak at the conference on December 3, 2020 at 10:15 am ET.A live webcast of the event will be made available on the Brinks Home Security investor relations website at https://ir.brinkshome.com/.About Brinks Home SecurityBrinks Home Security (OTC: SCTY) is one of the largest home security and alarm monitoring companies in North America. Headquartered in the Dallas-Fort Worth area, Brinks Home Security secures over 900,000 residential and commercial...

GRIMSBY, Ontario, Nov. 30, 2020 (GLOBE NEWSWIRE) — Andrew Peller Limited ADW.A/ADW.B (“APL” or the “Company”) is pleased to announce that John E. Peller, the President and CEO of Andrew Peller Limited has been awarded the honour of Officer of the Order of Canada for his outstanding contributions to the Canadian Wine Industry, his dedication to community and service to our nation.  Over thirty years ago, John joined his father and grandfather with the ambition of producing exceptional world class wines.  This tremendous recognition, awarded by the Governor General of Canada encapsulates 60 years of dedication and commitment from the entire Andrew Peller team, past and present, while spanning four generations of the Peller Family.  On behalf of John and the entire Andrew Peller family, we thank you for your continued support.  The...

TORONTO, Nov. 30, 2020 (GLOBE NEWSWIRE) — Braingrid Limited (CSE: BGRD) (“Braingrid” or the “Company”) is pleased to announce that it will be pursuing a change of business to an investment company (the “Proposed COB”) under the rules of the Canadian Securities Exchange (the “CSE”).After an evaluation of the Company’s existing resources and a review of strategic options available to the Company, the Company determined to refocus its business operations from a “technology issuer” to an “investment issuer”. The board of directors of the Company (the “Board”) believes that its network of business contacts, the depth of experience of its management team and its overall entrepreneurial approach will enable it to identify and capitalize upon investment opportunities as an investment issuer.It is anticipated that the Company’s name will be...

ALBUQUERQUE, N.M., Nov. 30, 2020 (GLOBE NEWSWIRE) — Array Technologies, Inc. (NASDAQ: ARRY) (the “Company”) today announced that a parent entity of the Company controlled by Oaktree Capital (the “Selling Stockholder”) has commenced an underwritten public offering of 25,000,000 shares of the Company’s common stock pursuant to a registration statement filed with the Securities and Exchange Commission. Additionally, the Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 3,750,000 shares of the Company’s common stock. The Company’s common stock is listed on the Nasdaq Global Market under the symbol “ARRY.”The Company will not receive any of the proceeds from the sale of shares offered by the Selling Stockholder.Goldman Sachs & Co. LLC and J.P. Morgan are acting...

LOS ANGELES and MONTCLAIR, N.J., Nov. 30, 2020 (GLOBE NEWSWIRE) — B. Riley Financial, Inc. (“B. Riley”) and 180 Degree Capital Corp. (“180”) today announced that they are taking the steps required to seek significant changes to the composition of the Board of Directors (the “Board”) of Maven (the “Company”). B. Riley and 180 also today expressed their utmost confidence and support for the Company’s management and employees. Last week, B. Riley and 180 sent a letter to the Board requesting the immediate resignation of five of its members. In the letter, B. Riley and 180 noted that in the absence of such resignations, they would file a consent solicitation statement with the Securities and Exchange Commission (“SEC”) to seek consents from holders of at least a majority of the voting power of MVEN securities entitled to vote to remove...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Nov. 30, 2020 (GLOBE NEWSWIRE) — Serengeti Resources Inc. (TSX-V: SIR) (“Serengeti”) and Sun Metals Corp. (TSX-V: SUNM) (“Sun Metals”) are pleased to announce that they have entered into a definitive arrangement agreement dated November 29, 2020 (the “Agreement”) pursuant to which Serengeti will acquire all of the issued and outstanding shares of Sun Metals (the “Transaction”) on the basis of 0.43 common shares of Serengeti (on a pre-Consolidation (as defined below) basis) for each share of Sun Metals held, by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”). The Transaction will consolidate the contiguous copper-gold exploration and development assets...