Year: 2020

CALGARY, Alberta, Nov. 10, 2020 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the three and nine months ended September 30, 2020. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR (www.sedar.com) and will be available on Pulse’s website at www.pulseseismic.com.HIGHLIGHTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2020Data library sales revenue was $1.8 million for the three months ended September 30, 2020 compared to $2.5 million for the three months ended September 30, 2019. Data library sales revenue was $5.9 million for the nine months ended September 30, 2020 compared to $18.4 million for the nine months ended September 30, 2019; Net loss for...

CALGARY, Alberta, Nov. 10, 2020 (GLOBE NEWSWIRE) — Storm Resources Ltd. (TSX:SRX)Storm has also filed its unaudited condensed interim consolidated financial statements as at September 30, 2020 and for the three and nine months then ended along with Management’s Discussion and Analysis (“MD&A”) for the same period. This information appears on SEDAR at www.sedar.com and on Storm’s website at www.stormresourcesltd.com.Selected financial and operating information for the three and nine months ended September 30, 2020 appears below and should be read in conjunction with the related financial statements and MD&A.(1) Excludes gains and losses on risk management contracts.(2) Certain financial amounts shown above are non-GAAP measurements. See discussion of Non-GAAP Measurements on page 24 of the MD&A. CROCE and ROCE are...

All three efficacy endpoints in the global Phase 2 FIGHT trial met pre-specified statistical significance • Median progression-free survival (PFS) improved from 7.4 months in the placebo arm to 9.5 months in the bemarituzumab arm. Hazard ratio (HR) 0.68 (95% CI: 0.44-1.04) p=0.073 • Median overall survival (OS) improved from 12.9 months to not reached. HR 0.58 (95% CI: 0.35-0.95) p=0.027 • Overall response rate (ORR) improved by 13% (p=0.106) Bemarituzumab is a potential first-in-class therapeutic antibody targeting FGFR2b+ tumors found in approximately 30 percent of HER2- gastric cancers worldwideTrial results support FGFR2b as a novel target for the third most common cause of cancer mortality worldwide and highlight development opportunities in other tumors that overexpress FGFR2bSHANGHAI and SAN FRANCISCO, Nov. 10, 2020 (GLOBE NEWSWIRE)...

TORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (NEO: MLC) (“Mount Logan,” “our,” “we,” or the “Company”) announces its financial results for the third quarter ended September 30, 2020. All amounts are stated in United States dollars, unless otherwise indicated.Third Quarter 2020 Highlights:Total investment income increased 22% to $3.0 million year-to-date from $2.4 million for the comparable period in 2019.Quarterly net income of $1.3 million or $0.12 per common share, compared with net income of $0.7 million or $0.07 per common share in Q3 2019. The net income for the current period reflects a partial recovery of unrealized depreciation recognized in previous quarters due to the broader market turmoil as a result of COVID-19.Total assets increased to $77.3 million at quarter end, compared with $75.3 million...

VANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) — Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“Monument” or the “Company”) announces that the Company continues to keep tight control over the second wave of the Covid-19 pandemic in the different regions it operates.The second wave of coronavirus is hitting much of the world as the weather cools and activities move indoors. New cases of coronavirus infections have significantly increased in many countries including Canada and Malaysia where Monument operates among other countries and regions such as the United States, Europe, India, Brazil and Russia. This re-enforces more restricted measures to be in place.CEO and President Cathy Zhai said: “As the second wave of the Covid-19 continues to grow around the world, and the extent and duration of the impacts from COVID-19...

UNIONDALE, N.Y., Nov. 10, 2020 (GLOBE NEWSWIRE) — Arbor Realty Trust, Inc. (the “Company”) (NYSE: ABR) announced today that it priced its public offering of 7,000,0000 shares of common stock for total expected gross proceeds of approximately $94.5 million before underwriting discounts and commissions and expenses. The offering is subject to customary closing conditions and is expected to close on November 13, 2020.The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of its common stock.The Company intends to use the net proceeds from the offering to make investments relating to its business and for general corporate purposes. The Company also intends to use a portion of the net proceeds from this offering to purchase an aggregate of 700,000 shares, or 805,000 shares if the...

**Not for distribution to United States Newswire Services or release publication, distribution or dissemination, directly or indirectly, in the United States. Any failure to comply with this restriction may constitute a violation of U.S. Securities Laws**CALGARY, Alberta and TORONTO, Nov. 10, 2020 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC; MNC.PR.A) (“Magnetic North” or the “Company”) reports that at its annual general and special meeting of common shareholders held on November 10, 2020, Magnetic North’s disinterested common shareholders approved the adoption of an omnibus incentive plan (the “Omnibus Plan”) for purposes of attracting, retaining and motivating key individuals. Please refer to the management information circular of the Company dated September 23, 2020 available on SEDAR at www.sedar.com under...

CALGARY, Alberta, Nov. 10, 2020 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the third quarter ended September 30, 2020. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM’s website on November 10, 2020. All figures reported herein are Canadian dollars unless otherwise stated.OPERATING RESULTSDuring the third quarter and first nine months of 2020, adjusted Earnings before Interest, Income Taxes, Deprecation and Amortization (“EBITDA”) increased as compared to 2019. A significant proportion of the increase is primarily the result of the operation of MAXIM’s state-of-the-art...

New York, New York, Nov. 10, 2020 (GLOBE NEWSWIRE) — Roman DBDR Tech Acquisition Corp. (the “Company”) announced today the completion of its initial public offering of 22,000,000 units, at a price of $10.00 per unit, resulting in gross proceeds of $220 million.The Company’s units commenced trading on the Nasdaq Capital Market (“Nasdaq”) under the ticker symbol “DBDRU” on November 6, 2020. Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, shares of...

MONTREAL, Nov. 10, 2020 (GLOBE NEWSWIRE) — Midland Exploration Inc. (“Midland”) (TSX-V: MD) is pleased to announce that it has completed a second tranche of the non brokered private placement previously announced on November 5, 2020 (the “Offering”) by issuing a total of 96,209 of common share at $1.00 for gross proceeds of $96,209. The total gross proceeds of the Offering to the Corporation is $2,380,959. The securities issued in the second tranche of the Offering are subject to a four-month hold period expiring on March 10, 2021.BHP Canada Inc. (“BHP”) has exercised its right to maintain its ownership at 5.0% by acquiring 96,209 common shares of Midland. This right had been granted to BHP on April 18, 2019 pursuant to an Investor Rights Agreement with Midland.Midland will use the proceeds of the Offering to fund exploration works...