Month: November 2020

CALGARY, Alberta, Nov. 25, 2020 (GLOBE NEWSWIRE) — TSX-V: CWV: Crown Point Energy Inc. (“Crown Point”, the “Company” or “we“) today announced its operating and financial results for the three and nine months ended September 30, 2020.Copies of the Company’s unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) filings for the three and nine months ended September 30, 2020 are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedar.com and on the Company’s website at www.crownpointenergy.com. All dollar figures are expressed in United States dollars (“USD”) unless otherwise stated. References to “ARS” are to Argentina Pesos.In the following discussion, the three...

TORONTO, Nov. 25, 2020 (GLOBE NEWSWIRE) — Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (“Discovery” or the “Company”) is pleased to announce its financial results for the three months ended September 30, 2020, and to provide a summary of key events for the quarter and subsequent to quarter end. All amounts are presented in Canadian dollars (“C$”) unless otherwise stated.Discovery’s flagship project is our 100%-owned Cordero project (“Cordero” or the “Project”) located in Chihuahua State, Mexico. We are aggressively advancing the Project through a 55,000 metre (“m”) Phase 1 drill program focused on delineating a high-margin silver project with size and scaleability.CORPORATE HIGHLIGHTS:On August 7, 2020, we closed a $35 million private placement that included a $15 million investment from Mr. Eric Sprott. The placement consisted...

DELTA, British Columbia, Nov. 25, 2020 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce its second quarter financial results.WestBond has realized a profit of $538,291 for the three months ended September 30, 2020. This represents an increase of 293% from the profit of $136,909 for the three months ended September 30, 2019. Sales increased 8.7% to $3,268,300 this quarter compared to $3,007,023 for the three months ended September 30, 2019. The increases are due to strong demand for dry-wipes and the ViroBan Plus disinfectant wipes, which were only introduced in the last week of August 2020.The quarterly report and other information is available on the company’s website at www.westbond.ca and on SEDAR at www.sedar.comFor further information please contact:Gennaro MagistraleChief Executive Officer,...

SAN FRANCISCO, Nov. 25, 2020 (GLOBE NEWSWIRE) — Shift Technologies, Inc. (NASDAQ: SFT), “Shift,” a leading end-to-end ecommerce platform for buying and selling used cars, today announced that it has commenced an offer to exchange (the “Offer”) relating to its outstanding publicly traded warrants (the “Public Warrants”). Shift is offering to exchange 0.25 shares of its Class A common stock (“Class A Common Stock”) and $1.00 in cash, without interest (together, the “Exchange Consideration”), for each Public Warrant tendered.Concurrently with the Offer, Shift is soliciting consents (the “Consent Solicitation”) from holders of the Public Warrants to amend the Warrant Agreement, dated as of March 22, 2019, which governs all of the Public Warrants to permit Shift to require that each outstanding Public Warrant be converted into a combination...

Not for distribution to U.S. news wire services or for dissemination in the United StatesTORONTO, Nov. 25, 2020 (GLOBE NEWSWIRE) — Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce its results for the three-month period ended September 30, 2020 (all amounts in thousands of Canadian dollars, unless otherwise indicated).RESULTS FOR THE THREE-MONTH PERIOD ENDED SEPTEMBER 30, 2020“I am extremely proud of our results and most importantly our team for continuing to provide exceptional service, win new customers and grow our businesses in a meaningful way during these uncertain times,” said Craig Campbell, CEO and Director of Avante. “When I joined Avante in 2018, I set out a clear vision and path to transform the business from a small, regional company to a more diversified, multi platform...

WINNIPEG, Manitoba, Nov. 25, 2020 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to announce that it has developed and validated new proprietary decontamination equipment, branded the “Decontamination Pod” (or “D-Pod”), which can be used to decontaminate medical supplies, personal protective equipment (“PPE”), and other equipment.Canadian and US patent applications have been filed on behalf of the Company for the D-Pod, which is a standard shipping container retrofitted to include heating and ultraviolet light technologies. When PPE or other materials are placed inside the treatment area of the D-Pod, the combination of heat and UVC is sufficient to kill the COVID-19 virus.“This technology could be a game changer for governments, hospitals, and care-facilities...

LAS VEGAS, Nov. 25, 2020 (GLOBE NEWSWIRE) — Galaxy Gaming, Inc. (the “Company”) (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems, announced today that its Annual Meeting of Stockholders will be held virtually on February 16, 2021. The purpose of the meeting is to (i) elect one member of the Company’s Board of Directors to serve for a three year term expiring in 2024; elect two members of the Company’s Board of Directors to serve for two (2) year terms expiring in 2023; and elect one member of the Company’s Board of Directors to serve for a (1) year term expiring in 2022; (ii) to ratify the appointment of Moss Adams, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021 and (iii) to transact such other business as may properly come before...

TORONTO, Nov. 25, 2020 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX: FC) is pleased to announce the launching of its direct to consumer retail residential mortgage lending platform – FC Mortgage. FC Mortgage aims to lend to Canadian home owners and foreign investors and will focus on residential first & second mortgages and lines of credit in the Greater Toronto Area (GTA) market. Pricing will be based on loan to value with interest rates starting at 5% and ranging to 9% per annum. Loan to value percentages will determine the interest-rate, with mortgage terms of 1 to 2 years offered, so that borrowers can establish a payment history and refinance with a chartered bank at maturity.Please visit www.FCMortgages.ca for more details.ABOUT THE CORPORATIONWhere Mortgage...

CALGARY, Alberta, Nov. 25, 2020 (GLOBE NEWSWIRE) — ARROW Exploration Corp. (“Arrow” or the “Company”) (TSXV: AXL) is pleased to announce the filing of its unaudited Financial Statements and MD&A for the quarter-ended September 30th, 2020, which are available on SEDAR (www.sedar.com). The financial and operating highlights for the quarter include the following:FINANCIAL AND OPERATING HIGHLIGHTSBridge LoanIn addition Carrao Energy S.A. (“Carrao”), the Company’s subsidiary, has repaid the bridge loan (“Bridge Loan”) previously provided to Carrao by Colombia Energy Development Co. (“CEDCO”), an affiliate of COG Energy Ltd., which is the purchaser of the LLA-23 Block. The bridge loan was previously announced by the Company on October 22nd, 2020.About ARROW ExplorationArrow Exploration Corp. (operating in Colombia via a branch of...

CALGARY, Alberta, Nov. 25, 2020 (GLOBE NEWSWIRE) — Athabasca Minerals Inc. (“Athabasca” or the “Corporation”) (TSXV:AMI) announces its financial results for the third quarter ended September 30, 2020. The Corporation’s financial statements and management’s discussion and analysis (“MD&A”) are available on SEDAR at www.sedar.com and on the Athabasca Minerals Inc. website at www.athabascaminerals.com. The Corporation also announces the Q3 2020 Results Investor Update to be held on December 1, 2020.In the third quarter of 2020, Athabasca reported consolidated revenue of $0.4 million ($0.1 million in Q3 2019) with a total loss and comprehensive loss of $1.1 million, compared to income of $0.8 million in Q3 2019.Robert Beekhuizen stated: “Despite the challenges of COVID-19, AMI and our group of companies continues to focus on our...