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Year: 2020

Alcanna Reports 14.7% Growth in Same Store Liquor Sales and Strong Growth in Profitability in the Third Quarter 2020

EDMONTON, Alberta, Nov. 13, 2020 (GLOBE NEWSWIRE) — Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) today reported its unaudited financial results for the three and nine months ended September 30, 2020.Third Quarter Financial Results and Business UpdateAlcanna’s business in Q3 2020 continued with the strong performance reported for the first half of 2020 with significant increases on all fronts from the prior year.Highlights for the three months ended September 30, 2020:Total sales from continuing operations were 10.9% higher, rising to $211.5 million from $190.7 million in 2019.Same-store liquor sales for Q3 2020 were up 14.7% while enhancing gross margins in the liquor operating segment to 23.1%, compared to 22.1% in the prior year.Total gross margin dollars rose 17.2% to $50.5 million from $43.1 million in the prior year.Operating...

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MeiraGTx Announces Investigational Gene Therapy Continues to Demonstrate Statistically Significant Improvement in Vision in Patients with X-Linked Retinitis Pigmentosa One Year After Treatment

LONDON and NEW YORK, Nov. 13, 2020 (GLOBE NEWSWIRE) — MeiraGTx Holdings plc (Nasdaq: MGTX), a vertically integrated, clinical stage gene therapy company, today announced 12-month data from the ongoing Phase 1/2 clinical trial (NCT03252847) of AAV-RPGR, an investigational gene therapy in development for the treatment of X-linked retinitis pigmentosa (XLRP). Statistically significant vision improvement in the dose escalation phase of the trial was sustained one year after treatment. These data were presented today as a late-breaker oral presentation at the American Academy of Ophthalmology (AAO) 2020 Virtual Annual Meeting.MeiraGTx and Janssen Pharmaceuticals, Inc. (Janssen), one of the Janssen Pharmaceutical Companies of Johnson & Johnson, are jointly developing AAV-RPGR as part of a broader collaboration to develop and commercialize...

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IBC Advanced Alloys Announces Issuance of Share-Based Compensation to Directors and Officers

FRANKLIN, Ind., Nov. 13, 2020 (GLOBE NEWSWIRE) — IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) announced that, further to a press release dated October 30, 2020, the Company has issued 825,979 common shares in the capital of the Company to its directors and certain employees and consultants in consideration for their services to the Company for the period from January 2019 through June 2020. The shares will be subject to a four month and one day hold period from the date of issuance.The issuance of common shares was approved by the TSX Venture Exchange (the “TSX-V”) on November 12, 2020.The Company may issue additional common shares in the future to settle compensation under certain compensation, consulting and employment arrangements in accordance with TSX-V policies.On Behalf of the Board of Directors:“Mark...

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Aya Gold & Silver Reports Third Quarter 2020 Financial Results

Montreal, Nov. 13, 2020 (GLOBE NEWSWIRE) — Montreal, Quebec, November 13, 2020 – Aya Gold & Silver Inc. (TSX: AYA) (“Aya” or the “Corporation”) is pleased to announce its interim financial results for the third quarter ended September 30, 2020. All amounts are in US dollars unless otherwise stated. Quarterly HighlightsProduction of 113,655 oz of silver  Sales of 81,423 oz of silver26,034 tons of ore processed at an average grade of 217 g/t AgAverage realized silver price of $25.04/oz vs $24.39/oz average silver spot price in the quarterSuccessful closing of a private placement offering of C$26,225,000Launch of a feasibility study for the expansion of the Zgounder Silver MineCommencement of 15,000-meter exploration program at ZgounderOngoing maintenance program at flotation and cyanidation plants “As expected, this was a...

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INV Metals Reports Q3 2020 Results

TORONTO, Nov. 13, 2020 (GLOBE NEWSWIRE) — INV Metals (“INV Metals” or “Company”) (TSX: INV) reports its financial results for the three and nine-month periods ended September 30, 2020. The Company recorded a total loss of $1,036,097 or $0.01 per share for the three-month period ended September 30, 2020, compared to $549,560 or $0.01 per share for the corresponding period in 2019, an increase of $486,537 or 89% from the prior year. For the nine-month period ended September 30, 2020, the Company recorded a total loss of $5,158,484 or $0.04 per share, compared to $1,890,682 or $0.02 per share for the corresponding period in 2019, an increase of $3,267,802 or 173% from the prior year. The Company’s unaudited cash balance as at November 13, 2020 was approximately $3.9 million.For additional financial information...

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MISTRAS Group to Present at November 2020 Virtual Fall Investor Summit

PRINCETON JUNCTION, N.J., Nov. 13, 2020 (GLOBE NEWSWIRE) — MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” multinational provider of integrated technology-enabled asset protection solutions – announced today that it would be presenting at the 2020 Virtual Fall Investor Summit.Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will present a corporate overview at 11:00AM on November 16, 2020, with a live Q & A session.The investor presentation will be webcast live at: https://www.webcaster4.com/Webcast/Page/2038/38719About MISTRAS Group, Inc.MISTRAS Group, Inc. (NYSE: MG) is a leading “one source” multinational provider of integrated technology-enabled asset protection solutions, helping to maximize the safety and operational uptime for civilization’s most...

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LexaGene Announces Results of Annual General Shareholder’s Meeting

BEVERLY, Mass., Nov. 13, 2020 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (TSX-V: LXG; OTCQB: LXXGF) (the “Company”), a molecular diagnostics company that develops fully automated rapid pathogen detection systems, is pleased to announce the voting results of the Company’s 2020 Annual General Shareholder’s Meeting held on November 10, 2020 in Vancouver, British Columbia.A total of 48,273,080 common shares were voted at the Meeting, representing 42.26% of the votes attached to all outstanding common shares of the Company.All matters presented for shareholder approval at the Meeting were duly authorized and approved as follows:To set the number of Directors to be elected at five.Election of Directors.To re-appoint Manning Elliot LLP, Chartered Professional Accountants as the Company’s auditors for the ensuing year.Increase the number...

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Ferroglobe PLC Schedules Third Quarter 2020 Earnings Investor Call for November 24, 2020

LONDON, Nov. 13, 2020 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ:GSM) announced today that it will issue third quarter 2020 financial results after the close of the market on Monday, November 23, 2020 and will host the quarterly earnings call on Tuesday, November 24, 2020.  Ferroglobe invites all interested persons to participate on its conference call at 9:00 AM, U.S. Eastern Standard Time. The dial-in number for the call for participants in the United States is +1-877-293-5491 (conference ID 9939707). International callers should dial +1-914-495-8526 (conference ID 9939707). Please dial in at least five minutes prior to the call to register. The call may also be accessed via an audio webcast available at https://edge.media-server.com/mmc/p/itnuz76fAbout FerroglobeFerroglobe is one of the world’s leading suppliers of silicon metal,...

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Fortinet Again Named as a Leader in the 2020 Gartner Magic Quadrant for Network Firewalls

SUNNYVALE, Calif., Nov. 13, 2020 (GLOBE NEWSWIRE) —John Maddison, EVP of Products and CMO at Fortinet“We believe Fortinet delivers the broadest and most complete security platform in the industry. We have pioneered the Security-driven Networking approach, integrating security into every element of the network and enabling customers to protect any edge, at any scale. Fortinet has been named a Leader in this year’s Gartner Magic Quadrant for Network Firewall. Fortinet also recently announced its placement as a Leader in the 2020 Gartner Magic Quadrant for WAN Edge Infrastructure. We credit our continued successes to our ongoing commitment to innovation, unique and flexible security platform, and approach to securing the entire attack surface – whether on-prem or in the cloud.”News SummaryFortinet® (NASDAQ: FTNT), a global leader in...

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Focus Graphite Announces Non-Brokered Private Placements of Flow-Through and Non Flow-Through Units

KINGSTON, Ontario, Nov. 13, 2020 (GLOBE NEWSWIRE) — Focus Graphite Inc. (“Focus” or the “Company”) (TSX-V: FMS; OTCQX: FCSMF; FSE: FKC) announced today that it plans to complete a non-brokered private placement of up to 4,285,715 units (the “Units”) of the Company at a price of $0.035 per Unit (the “Offering Price”) for aggregate gross proceeds to the Company of up to $150,000 (the “Offering”), and up to 10,000,000 units (the “Flow-Through Units”) of the Company at a price of $0.05 per Flow-Through Unit (the “Flow-Through Offering Price”) for aggregate gross proceeds to the Company of up to $500,000 (the “Flow-Through Offering” and when referenced together with the Offering, the “Offerings”).Each Unit will consist of one common share (a “Common Share”) in the capital of the Company and one non-transferable common share...

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