Day: February 3, 2021

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards, specifically International Accounting Standard 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production volumes from the company’s Libyan operations, which are presented on an economic basis. Certain financial measures referred to in this news release (funds from operations, operating (loss) earnings and free funds flow) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures section of this news release. References to Oil Sands operations exclude Suncor Energy...

À moins d’indication contraire, toute l’information financière est non auditée, est présentée en dollars canadiens ($ CA) et a été établie conformément aux Normes internationales d’information financière, plus précisément la Norme comptable internationale 34 Information financière intermédiaire publiée par l’International Accounting Standards Board. Les volumes de production sont présentés selon la participation directe avant redevances, sauf pour les volumes de production liés aux activités de la Société en Libye, qui sont présentés en fonction des principes économiques. Certaines mesures financières du présent communiqué (fonds provenant de l’exploitation, bénéfice (perte) d’exploitation et flux de fonds disponibles) ne sont pas prescrites par les principes comptables généralement reconnus (les « PCGR ») du Canada. Voir la rubrique...

REGINA, Saskatchewan, Feb. 03, 2021 (GLOBE NEWSWIRE) — Information Services Corporation (TSX:ISV) (“ISC” or the “Company”) today provided its outlook for 2021 as well as some of the achievements for 2020.2020 Corporate HighlightsRevenue for 2020 is expected to be above consensus estimate of $135.7M, based on strength in the Saskatchewan real estate market in the third and fourth quarters, new customer acquisitions in our Services segment and the addition of our new Recovery Solutions division.A focus on cost management, combined with COVID-19 related reductions, is expected to assist in strong fourth quarter and annual EBITDA performance, compared to consensus estimates of $11.3M and $41.2M, respectively.Completed the acquisition of the assets of Paragon Inc. to create the Recovery Solutions division in the Company’s Services segment....

TORONTO, Feb. 03, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN)(“Allied”) today announced its Green Financing Framework (the “Framework”) in support of its commitment to environmental, social and governance (“ESG”) and sustainability. Under the Framework, Allied, or any of its subsidiaries may issue green bonds, green loans or other financial instruments to finance or re-finance eligible green projects, as defined in the Framework.Allied’s Framework has been reviewed by Sustainalytics, a global leader in providing ESG research and analysis. Sustainalytics issued a second party opinion confirming that the Framework aligns with the International Capital Markets Association Green Bond Principles 2018 and the Loan Market Association Green Loan Principles 2020. Scotiabank acted as Green Structuring...

Increased Net Sales 11.7 percent to $237.4 millionReported Net Income per Diluted Share of $0.11Increased Adjusted Net Income per Diluted Share 37.5 percent to $0.11ATLANTA, Feb. 03, 2021 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced today that for its fiscal 2021 first quarter ended December 31, 2020, net sales were $237.4 million and net income was $16.7 million.During the 2021 first quarter, the Company:Increased net sales 11.7 percent to $237.4 million as compared with $212.6 million in the prior year quarter.Generated operating income of $27.8 million as compared with $20.3 million in the prior year quarter. Increased adjusted operating income 28.6 percent to $29.2 million as compared with $22.7 million in the prior year quarter.Achieved net income of $16.7 million as compared with net income of $10.3...

THE WOODLANDS, Texas, Feb. 03, 2021 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced 650 home closings in January 2021, up from 434 home closings in January 2020, representing year-over-year growth of 49.8%.As of the end of January 2021, the Company had 106 active selling communities.About LGI Homes, Inc.Headquartered in The Woodlands, Texas, LGI Homes, Inc. engages in the design, construction and sale of homes in Texas, Arizona, Florida, Georgia, New Mexico, Colorado, North Carolina, South Carolina, Washington, Tennessee, Minnesota, Oklahoma, Alabama, California, Oregon, Nevada, West Virginia and Virginia. Since 2018, LGI Homes has been ranked as the 10th largest residential builder in the United States based on units closed. The Company has a notable legacy of more than 17 years of homebuilding operations, over...

DUBLIN, Ireland and CHICAGO, Feb. 03, 2021 (GLOBE NEWSWIRE) — Iterum Therapeutics plc (Nasdaq: ITRM) (the Company), a clinical-stage pharmaceutical company focused on developing next generation oral and IV antibiotics to treat infections caused by multi-drug resistant pathogens in both community and hospital settings, today announced that it has entered into an underwriting agreement with H.C. Wainwright & Co., LLC under which the underwriter has agreed to purchase on a firm commitment basis 8,695,653 ordinary shares (or pre-funded warrants in lieu thereof) at a public offering price of $1.15 per share, less underwriting discounts and commissions. In addition, the Company has granted the underwriter an option for a period of 30 days to purchase up to an additional 1,304,347 ordinary shares on the same terms and conditions....

DENVER, Feb. 03, 2021 (GLOBE NEWSWIRE) — Enservco Corporation (NYSE American: ENSV), a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, today announced that Cross River Partners, the investment firm managed by Enservco’s Executive Chairman Rich Murphy, will convert its remaining subordinated debt and accumulated interest to Enservco equity.Specifically, Cross River will exchange $1.25 million in sub-debt plus approximately $62,000 in accrued interest for 601,674 shares of common stock, based on a price of $2.18, which is the most recent closing sales price. In consideration for the exchange, Enservco will issue to Cross River 150,418 common stock purchase warrants exercisable at $2.507 per warrant share, a 15% premium to the exchange price.Cross...

TORONTO, Feb. 03, 2021 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its fourth quarter and year ended December 31, 2020. “Despite the disruption caused by the global pandemic, we pursued our mission in 2020 with encouraging short-term and long-term results,” said Michael Emory, President & CEO. “Most notably, we allocated $325 million to strategic acquisitions and another $252 million to development and value-add activity. In the face of continuing robust capital allocation, we maintained strong balance-sheet metrics by raising a significant amount of capital ($700 million in unsecured debentures and $153 million in equity) on favourable terms.”OperationsGross monthly rent due in the fourth quarter was $163 million. 1.3% of the...