Month: February 2021

NOT FOR DISTRIBUTION OR DISSEMINATION INTO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICESVANCOUVER, British Columbia, Feb. 26, 2021 (GLOBE NEWSWIRE) — Aequus Pharmaceuticals Inc. (TSX-V: AQS, OTCQB: AQSZF), a specialty pharmaceutical company with a focus on developing, advancing and promoting differentiated products is pleased to announce that it has closed a non-brokered private placement of 6,666,666 units of the Company (the “Units”) at a price of $0.15 per Unit (the “Offering Price”), for aggregate gross proceeds of $1,000,000 (the “Private Placement”) to Marc Lustig, a director of the Company. Each Unit shall consist of one common share of the Company and one-half non-transferrable common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant shall entitle the holder...

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — WeedMD Inc. (TSX-V:WMD) (OTCQX:WDDMF) (FSE:4WE) (“WeedMD” or the “Company”), a federally licensed producer and distributor of medical-grade cannabis, announced today that it has amended and re-filed its unaudited reviewed interim financial statements for the three and nine months ended September 30, 2020 (the “Amended Financial Statements”), along with a corresponding restated management’s discussion and analysis (together with the Amended Financial Statements, the “Amended Financial Reports”). The Amended Financial Reports have been amended to recognize an impairment in the amount of $34,800,000 on goodwill, intangibles and property, plant and equipment and certain other non-material changes and were the result of management and the auditor’s review of the financial statements in support...

GUADALAJARA, Mexico, Feb. 26, 2021 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (the “Company” or “GAP”) announced that, in accordance with the approvals set by the Board of Directors, the Company will present for consideration at the Shareholders Meeting a shareholder distribution, which will be made through a capital reduction for up to Ps. 2 billion, payable in the next 12 months.The Company also will propose a new maximum amount for the repurchase of shares for up to Ps. 3 billion for 2021, as well as the cancelation of 35,424,453 shares (6.3% of authorized shares), that are currently held in treasury as a result of repurchases in prior periods.Company DescriptionGrupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including...

All amounts in U.S. dollars unless otherwise indicatedBROOKFIELD, News, Feb. 26, 2021 (GLOBE NEWSWIRE) — Brookfield Renewable Partners L.P. (TSX: BEP.UN; NYSE: BEP) and Brookfield Renewable Corporation (or together with Brookfield Renewable Partners, “Brookfield Renewable”) (NYSE, TSX: BEPC) announced today the filing of their respective 2020 annual reports, including audited financial statements for the year ended December 31, 2020, on Forms 20-F with the SEC on EDGAR as well as with the Canadian securities regulatory authorities on SEDAR.These documents are available at bep.brookfield.com (or for Brookfield Renewable Corporation, at bep.brookfield.com/bepc), on SEC’s website at www.sec.gov and on SEDAR’s website at www.sedar.com. Hard copies will be provided to unitholders and shareholders free of charge upon request.Brookfield...

VANCOUVER, British Columbia, Feb. 26, 2021 (GLOBE NEWSWIRE) — Ultra Resources Inc. (“ULT” or the “Company“) (TSX-V: ULT) announces a non-brokered private placement of up to 15,000,000 units (“Units“) at a price of $0.11 per unit for gross proceeds of $1,650,000. Each Unit is comprised of one common share and one-half non-transferable common share purchase warrant (“Warrant”). Each whole Warrant will entitle the holder to purchase an additional common share of the Company at an exercise price of $0.20 per share for a period of one year from closing of the private placement provided that if the closing price of the common shares of the Company on any stock exchange or quotation system on which the common shares are then listed or quoted is equal to or greater than Cdn $0.25 for a period of ten (10) consecutive...

This news release should be read in conjunction with our consolidated financial statements and management’s discussion and analysis for the year ended December 31, 2020. Both are available at www.amarillogold.com, and under our company profile at www.sedar.com.All monetary amounts are in Canadian dollars unless stated otherwise.TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Amarillo Gold Corporation (TSXV: AGC, OTCQB: AGCBF) continued to move toward its goal of becoming a Brazilian gold producer, said the Company today as it announced its financial results for the year and three months ended December 31, 2020. Key achievements included delivering a positive feasibility study, closing a large equity financing, and, crucially, receiving the License to Install for the Posse Gold Project after year end.“I would like to thank our dedicated...

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Empire Industries Ltd. (TSX-V: EIL, OTC:ERILF) (“Empire”, “EIL”, “us”, “our”, “we” or the “Company”) is pleased to announce that further to its February 24, 2021 news release it has sold an aggregate of 12,538,595 common shares (the “Shares”) in the capital of Tornado Global Hydrovacs Ltd. (TSXV:TGH) at an average price of $0.168 per Share for aggregate gross proceeds of CAD $2,107,942.50 (the “Transaction”).The Company paid a cash finder’s fee to an arm’s length finder in the amount of CAD $107,942.50 on a portion of the Shares sold pursuant to the Transaction.The Company intends to use the net proceeds of the Transaction for general working capital purposes.About Empire Industries Ltd.Empire focuses on designing, supplying, and installing iconic, media-based attractions and ride systems...

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Tanzanian Gold Corporation (TSX:TNX)(NYSE MKT:TRX) (the “Company”) announces the voting results from its 2021 annual general and special meeting held on February 25, 2021.A total of 61,239,388 common shares were voted representing 29.28% of the issued and outstanding common shares of the Company. Shareholders voted in favour of all items of business before the Meeting, as follows:Adoption of Shareholder Rights PlanThe Shareholder Rights Plan (the “Plan”) will ensure the fair and equal treatment of shareholders in connection with any takeover bid for common shares of the Company (the “Common Shares”). The Plan is similar to rights plans adopted by other companies and has not been adopted in response to any pending or threatened takeover bid for the Company nor is the Company aware...

VANCOUVER, British Columbia, Feb. 26, 2021 (GLOBE NEWSWIRE) — Serengeti Resources Inc. (TSX-V: SIR) (“Serengeti”) and Sun Metals Corp. (TSX-V: SUNM) (“Sun Metals”) are pleased to announce the results of the Serengeti special meeting of shareholders and the Sun Metals special meeting of securityholders, which were held virtually on February 26, 2021.Serengeti MeetingA total of 61,078,247 common shares were voted at the Serengeti special meeting of shareholders, representing 55.02% of total common shares issued and outstanding as at the record date of the meeting. Shareholders voted in favour of all items put forward by the Board of Directors and management:99.93% in favour of the resolution to approve the plan of arrangement involving Serengeti and Sun Metals Corp.;99.83% in favour of the resolution to approve the consolidation of...

PASCAGOULA, Miss., Feb. 26, 2021 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE: HII) announced today that its Ingalls Shipbuilding division has been awarded a cost-plus-fixed-fee contract for life-cycle engineering and support services on the U.S. Navy’s San Antonio (LPD 17) class of amphibious transport docks. This follow-on contract consists of a base contract valued at $36.9 million with a cumulative value of $213.9 million if all options are exercised.“This contract enables Ingalls to continue providing LPD support and services that are critical to the sustainment of the Navy’s amphibious fleet,” Ingalls Shipbuilding President Brian Cuccias said. “Our talented workforce has the knowledge and experience required to perform this important work, and we are committed to ensuring these state-of-the-art warships serve...