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Year: 2020

JSC ”Latvijas Gāze”: Unaudited financial results of Latvijas Gāze group for 9 months of 2020

Until now 2020 was full of challenges for the world and the energy industry. Comparatively mild temperatures, the lockdown measures connected to the spread of the coronavirus and low natural gas price levels were the key factors shaping the operating environment of the group.The group’s net turnover in 9 months of 2020 was 132.3 million EUR, EBITDA* amounted to 29.7 million EUR and net profit was 17.7 million EUR.The sales & trading segment’s net turnover in 9 months of 2020 was 98.4 million EUR, EBITDA for the segment amounted to 15.7 million EUR and profit before taxes reached 14.7 million EUR. JSC “Latvijas Gāze” during 9 months of 2020 sold 8 369 GWh of natural gas to its customers in Latvia and abroad.Taking into account the development of the epidemiological situation, the Latvijas Gāze group decided to provide customer service...

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AS ”Latvijas Gāze”: Latvijas Gāze koncerna nerevidētie finanšu rezultāti par 2020. gada 9 mēnešiem

Līdz šim 2020. gads ir bijis izaicinājumiem pilns gan pasaulei kopumā, gan enerģētikas nozarei. Salīdzinoši mērenas gaisa temperatūras, stingrie ierobežojumi saistībā ar koronavīrusa izplatību un zemais dabasgāzes cenu līmenis bija noteicošie faktori, kas veidoja koncerna darbības vidi.Koncerna neto apgrozījums 2020. gada 9 mēnešos bija 132.3 miljoni EUR, EBITDA* sasniedza 29.7 miljonus EUR un neto peļņa bija 17.7 miljoni EUR.Pārdošanas un tirdzniecības segmenta neto apgrozījums 2020. gada 9 mēnešos sasniedza 98.4 miljonus EUR, segmenta EBITDA bija 15.7 miljoni EUR un peļņa pirms nodokļiem bija 14.7 miljoni EUR. 2020. gada 9 mēnešos AS “Latvijas Gāze” pārdeva 8 369 GWh dabasgāzes klientiem Latvijā un ārvalstīs.Ņemot vērā epidemioloģiskās situācijas attīstību, Latvijas Gāze koncerns pieņēma lēmumu apkalpot klientus tikai attālināti, lai...

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Pure Harvest Corporate Reports Strong Revenue Growth

SKM Dispensary and Colorado on Pace to Shatter Year Over Year Sale FiguresDenver, CO, Nov. 25, 2020 (GLOBE NEWSWIRE) — via NewMediaWire — Pure Harvest Corporate Group, Inc. (OTCQB: PHCG), an emerging cannabis and hemp-CBD holding company, is pleased to announce a dramatic increase in revenue via its most recent quarterly report.Highlights are as follows:·       Q3 2020 Revenues increased by 8,066% from Q2 2020 Revenue·       Q3 2020 Revenue:  $318,690 / Q2 2020 Revenue: $3,951·       Gross Profit increased from negative ($36,114) in Q2 2020 to $258,138 in Q3 2020·       Revenue Increased by 2,229% from Q3 2019·       Gross Profit increased from $9,516 in Q3 2019 to $258,138 in Q3 2020.The significant increases are largely attributable to revenue derived from the Company’s recently opened dispensary located in Dumont-Downieville,...

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DGTL Holdings Inc. to Launch into TikTok and Snapchat Markets Through Non-Brokered Financing

NEW YORK, Nov. 25, 2020 (GLOBE NEWSWIRE) — via InvestorWire – DGTL Holdings Inc. (“DGTL” or the “Company”) (TSXV: DGTL) (Frankfurt: A2QB0L) today reports plans to develop the software of its wholly owned subsidiary, Hashoff LLC, to service the fastest-growing multimedia social media application markets. In doing so, DGTL will fund the software development of the Hashoff SaaS (software-as-a-service) technology platform to service digital media platforms such as TikTok, Snapchat, Twitch, Triller, Reels and others with a private placement non-brokered financing.This software development project is a key element that supports the original Hashoff share exchange agreement, which requires Hashoff to meet or exceed an annual sales revenue milestone of up to USD $8 million on or before June 30 , 2023, in order to receive 100% of the remaining...

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Hudbay Announces Resumption of Full Production at its 777 Mine

TORONTO, Nov. 25, 2020 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that full production has resumed at its 777 Mine in Flin Flon, Manitoba, following the skip hoist incident in October. The shaft repair activities were completed well ahead of schedule and the total direct repair costs were under the estimated $5.0 million.While the shaft was under repair, the company temporarily reassigned equipment and personnel from the 777 mine to the Lalor mine in Snow Lake to partially mitigate lost production. Although fourth quarter production and sales volumes will be impacted, the company continues to expect the Manitoba business unit to achieve its full year production and unit cost guidance for 2020.“The shaft incident was an unfortunate event, but the team responded quickly and...

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Global Dental Implants Market to Reach USD 5725 Million by 2026 and Exhibiting 5.1% CAGR by 2026

Pune, India, Nov. 25, 2020 (GLOBE NEWSWIRE) — According to the report, in 2018 the global Dental Implants Market Size was worth US$ 3870 Mn. The market is anticipated to progress at a CAGR of 5.1% and reach US$ 5725.7 Mn by the end of 2026. The report also offers a comprehensive overview of the global market. Europe emerged dominant in the globaol dental implants market in 2018.  The Europe market was valued at US$ 1548 Mn in 2018. The region is likley to emerge dominant over the forecast period also.Key Industry Developments:In August 2017, Dentsply Sirona Inc. introduced the Lucitone HIPA (High Impact Pour Acrylic) denture base.In June 2016, DENTSPLY Sirona announced a definitive agreement to acquire MIS Implants Technologies (Israel), a leading player in the value implants market.In April 2015, Straumann (Switzerland) acquired...

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Steel Reef Announces Reallocation of Capital to Support Continuing Growth

CALGARY, Alberta, Nov. 25, 2020 (GLOBE NEWSWIRE) — Steel Reef Infrastructure Corp. (“Steel Reef” or the “Company”) today announced its Board of Directors (“Board”) has determined to discontinue the Company’s dividend and reallocate free cash flow toward profitable investments that will contribute to long-term value for shareholders.Throughout the COVID-19 pandemic, Steel Reef has maintained a strong base business and expanded its portfolio of potential growth opportunities despite challenging energy market conditions. The Company’s new capital allocation approach enhances Steel Reef’s ability to capitalize on potential investments as industry activity resumes. Steel Reef has approximately doubled in size over the past year and since inception has deployed approximately $950 million in capital to high-quality natural gas gathering,...

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Ventilator Market to Reach USD 9.13 Billion by 2027 with 5.0% CAGR; Surging Number of Critical Cases Owing to COVID-19 will Boost Growth, says Fortune Business Insights™

Pune, Nov. 25, 2020 (GLOBE NEWSWIRE) — According to this report, the value of the global Ventilator Market Size was USD 2.54 billion in 2019 and is expected to reach USD 9.13 billion by the end of 2027 with a CAGR of 5.0% between 2020 and 2027. The global market size is estimated to gain momentum on account of the increasing number of ICU admissions that require mechanical ventilation. This is further attributed to the growing prevalence of chronic diseases that requires critical care equipment such as incubators, ventilator, and other devices. North America generated USD 0.88 billion in terms of revenue in 2019 and emerged dominant. Factors responsible for this dominance include the rising number of patients admitted to intensive care and critical care units every year.KEY INDUSTRY DEVELOPMENTS:April 2020 – Biodesign Innovation...

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Cornerstone Announces Increased Financing to up to $7.7 Million

Not for distribution to United States newswire services or for dissemination in the United StatesOTTAWA, Nov. 25, 2020 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (OTC:CTNXF) announces an increase to its previously announced non-brokered private placement. The Company now intends to issue in the private placement up to 1.54 million common shares at an issue price of $5.00 per common share for total gross proceeds of up to $7.7 million (the “Offering”). This is an increase from the previously announced financing of up to $6.9 million.The Company intends to use the proceeds of the Offering for working capital and general corporate purposes. Certain insiders of the Company may participate in the Offering. The issuance of common shares to insiders of...

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