Month: November 2020
TORONTO, Nov. 27, 2020 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in serving the interests of the 45+ “Zoomer” market in Canada, today announced its financial results for the year ended August 31, 2020.Consolidated ResultsFor the twelve months ended August 31, 2020 the Company generated revenues of $50.6 million, operating expenses of $40.2 million and Adjusted EBITDA of $10.4 million from its continuing operations. Net income for the same period was $4.6 million.For the comparative twelve months ended August 31, 2019 the Company had revenues of $52.5 million, operating expenses of $46.2 million and Adjusted EBITDA of $6.3 million from its continuing operations. Net income for the year was $2.9 million.On August 19, 2020 the Company closed the sale for substantially all of the net assets comprising...
Canadian Spirit Resources Inc. Announces Third Quarter 2020 Financial Results and Grant of Stock Option
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CALGARY, Alberta, Nov. 27, 2020 (GLOBE NEWSWIRE) — Canadian Spirit Resources Inc. (“CSRI” or the “Corporation”) (TSXV:SPI) (OTCBB:CSPUF) announces the release of its interim financial results and Management Discussion and Analysis (“MD&A”), for the nine month period ended September 30, 2020. In addition, CSRI announces that it has granted incentive stock options to acquire an aggregate of 2,800,000 common shares of the Corporation (“Common Shares”) for a price of $0.10 per share for a period of five years in accordance with the terms and conditions of the Corporation’s Stock Option Plan.Third Quarter 2020This news release summarizes information contained in the unaudited interim condensed financial statements and MD&A for the three and nine months ended September 30, 2020, and should not be considered a substitute for...
ILA Announces Results for Q3 2020 Ended September 30, 2020
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TORONTO, Nov. 27, 2020 (GLOBE NEWSWIRE) — iLOOKABOUT Corp. (TSXV:ILA) (“ILA” or “the Company”) today announced that its unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2020 and 2019, and the related Management’s Discussion and Analysis (“MD&A”) are available at www.sedar.com and on the Company’s website at http://www.ilookabout.com/investor-relations/financial-information. Shareholders may request a hard copy of this material by directing their request to: iLOOKABOUT Corp., Office of the CFO, 408-383 Richmond Street, London ON, N6A 3C4.In the third quarter, the Company executed an Asset Purchase Agreement for the strategic acquisition of Apex Software (“Apex”), which is considered the industry standard for property building outline and sketch software in North...
Appreciated Completes Management and Board Restructuring and Enters Into Forbearance Agreement
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VANCOUVER, British Columbia, Nov. 27, 2020 (GLOBE NEWSWIRE) — Appreciated Media Holdings Inc. (“Appreciated Media” or the “Corporation“) (TSXV: AMH) (OTCQB: AMEFF) is pleased to announce that the board of directors of the Corporation (the “Board”) has negotiated a forbearance agreement with Amcomri GP BVI Limited (“Amcomri”) until January 5, 2020. As a condition to the receipt of forbearance, the Board has approved a reorganisation of the Corporation’s management and Board, effective immediately.Pursuant to the reorganisation, the Board has appointed Robert Price as the Chief Executive Officer of the Corporation to replace Stephen Brown and appointed Larry Howard as the Corporation’s Interim Chief Financial Officer to replace Mark Groenewald, effective immediately. In addition, Messrs. Price and Howard have...
Grupo Aeroportuario del Pacifico Announces Conclusion of Extraordinary Review Process of the Master Development Program for the Mexican Airports
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GUADALAJARA, Mexico, Nov. 27, 2020 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (the “Company” or “GAP”) announced that it has concluded the Extraordinary Review Process for the Master Development Program for the Mexican airports for the 2020 to 2024 period.During the month of August, the Company filed a proposal for the adjustment of the Master Development Program (MDP) to the Aeronautical Authority, thus postponing investments by approximately 20 months. As such, certain investments that were scheduled to conclude in 2024 will now conclude in 2026.In the new MDP, the same projects that were previously agreed upon with the authorities will remain, however, the initiation and termination timeframes will change; the scope of the projects will essentially remain the same.The mandatory investment...
GT Gold Reports Third Quarter 2020 Financial Results
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VANCOUVER, British Columbia, Nov. 27, 2020 (GLOBE NEWSWIRE) — GT Gold Corp. (TSX-V:GTT ; OTCQX:GTGDF) (the “Company” or “GT Gold”) reports its unaudited financial results for the quarter ended September 30, 2020. Copies of both the Financial Statements and the Management’s Discussion & Analysis may be obtained on the Company’s website at www.gtgoldcorp.ca or under the Company profile on SEDAR.“I am very pleased with the progress made by the team in 2020,” commented Paul Harbidge, President and Chief Executive Officer. “We have safely navigated through the challenges associated with COVID-19 and have successfully completed the exploration field season at Quash Pass. In addition, we have now begun the Saddle South core re-logging program. At Saddle North, we have achieved the milestone of maiden resource and it is proving an...
Ziopharm Comments on Institutional Shareholder Services’ Recommendation to Reject WaterMill’s Attempt to Remove Half of Ziopharm’s Board of Directors
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ISS Acknowledges Ziopharm’s Outperformance of its Peer Group During Chairman Scott Tarriff’s TenureCourt Filings Raise Concerns About Professional Past of WaterMill Nominee Holger WeisZiopharm Recommends Shareholders Return the GREEN Consent Revocation CardBOSTON, Nov. 27, 2020 (GLOBE NEWSWIRE) — Ziopharm Oncology, Inc. (Nasdaq: ZIOP) (“Ziopharm” or the “Company”), today issued a response to a report issued by Institutional Shareholder Services (“ISS”) in connection with the consent solicitation initiated by WaterMill Asset Management Corp., Mr. Robert W. Postma and certain other individuals (collectively, “WaterMill”). In its report, ISS recommends that Ziopharm shareholders reject WaterMill’s attempt to remove half of the Ziopharm Board of Directors (the “Board”) and to vote against the addition of Mr. Postma to the Board. Ziopharm...
Major Precious Metals Completes Skaergaard Acquisition
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VANCOUVER, British Columbia, Nov. 27, 2020 (GLOBE NEWSWIRE) — Major Precious Metals Corp. (“Major Precious Metals” or the “Company”) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) is pleased to announce that it has completed the acquisition of a one-hundred-percent interest in the Skaergaard Project (“Skaergaard”) located on the east coast of Greenland (the “Acquisition”).The Acquisition was completed pursuant to the terms of a definitive purchase agreement entered into with Platina Resources Ltd. (the “Vendor” or “Platina”). In consideration for the Acquisition, the Company was required to complete a one-time cash payment of $500,000 (the “Consideration Payment”), and issue 55,000,000 common shares (the “Consideration Shares”), to the Vendor. The Company previously deposited the Consideration Payment, and the Consideration Shares, in escrow...
AutoZone to Release First Quarter Earnings December 8, 2020
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MEMPHIS, Tenn., Nov. 27, 2020 (GLOBE NEWSWIRE) — AutoZone, Inc. (NYSE:AZO), the nation’s leading auto parts retailer and a leading distributor of automotive replacement parts and accessories, will release results for its first quarter ended Saturday, November 21, 2020, before market open on Tuesday, December 8, 2020. Additionally, the Company will host a one-hour conference call on Tuesday, December 8, 2020, beginning at 10:00 a.m. (EST), to discuss the results of the quarter.This call is being web cast and can be accessed, along with supporting slides, at AutoZone’s website at www.autozone.com and clicking on Investor Relations. Investors may also listen to the call by dialing (210) 839-8923 and entering the participant passcode 9697984. In addition, a telephone replay will be available by dialing (203) 369-1211 through January...
Fountain Asset Corp. Announces its Financial Results for the Quarter Ended September 30, 2020 and Voting Results of 2020 Annual General Meeting
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TORONTO, Nov. 27, 2020 (GLOBE NEWSWIRE) — Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) would like to announce its financial results for the three months ended September 30, 2020 (“Q3/20”).Highlights from the three months ended September 30, 2020:Adjusted net asset value (“ANAV”) of $17.45 million ($0.30 per share) at September 30, 2020 compared to $17.52 million ($0.30 per share) at June 30, 2020, representing a 0.4% decrease quarter over quarter. ANAV reflects the net asset value plus the amount of available tax loss pools available;Net comprehensive loss of $0.25 million compared to net comprehensive loss of $10.93 million for three months ended September 30, 2019 (“Q3/19”);Total revenue from investment activity was $0.06 million compared to total revenue loss of $10.62 million for Q3/19;Net realized gains on the...