Month: February 2021
ALLEN, Texas, Feb. 26, 2021 (GLOBE NEWSWIRE) — Atrion Corporation (NASDAQ: ATRI) announced today that for the fourth quarter of 2020 revenues were $32.2 million compared to $34.5 million in the same period of 2019, net income was $7.4 million compared to $8.1 million in the prior year period, and diluted earnings per share were $4.02 compared to $4.33 in the prior-year period. For the full year 2020 compared to 2019, Atrion revenues declined to $147.6 million from $155.1 million, net income was $32.1 million compared to $36.8 million, and diluted earnings per share were $17.44 compared to $19.73.David Battat, President & CEO, commenting on the results for the year said, “This has been an unparalled period of challenge for our employees, families, customers and communities. I remain humbled by the selflessness of my co-workers,...
Affinor Growers Announces Closing of Non-Brokered Unit Private Placement
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Feb. 26, 2021 (GLOBE NEWSWIRE) — Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) announces, further to its news release dated January 22, 2021, that the Company has closed a non-brokered private placement of 28,714,285 units of the Company (the “Units”) at $0.035 per Unit for gross aggregate proceeds of $1,004,999.98 (the “Offering”).Each Unit consisted of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder to acquire one additional Share (a “Warrant Share”) at a price of $0.05 per Warrant Share, on or before February 26, 2022.All securities issued in connection with the Offering will be subject to a statutory hold...
Fairfax India Completes US$500 Million Senior Notes Offering
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NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATESTORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) has completed its previously announced offering of US$500 million in aggregate principal amount of 5.000% Senior Notes due 2028 (the “Notes”).Fairfax India intends to use the net proceeds from this offering to repay most of the indebtedness currently outstanding under its secured term loan facility.The offering was made solely by means of a private placement either to qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”) who are also qualified purchasers (as defined in Section 2(a)(51) under the Investment Company Act of 1940, as amended), or to certain...
Char Announces Annual General Meeting Details
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Not for distribution in the United States or through United States wire services.TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — CHAR Technologies Ltd. (“CHAR”) (YES – TSXV) announces that the Annual and Special Meeting of Shareholder (the “Meeting”) is scheduled for March 30th, 2021. Shareholders will have the ability to listen to the Meeting via live teleconference or online access. To proactively manage the unprecedented public health impact of the ongoing coronavirus pandemic (also known as “COVID-19”), shareholders are strongly encouraged not to attend the Meeting, but to instead vote by proxy in advance of the meeting and listen to the Meeting through live teleconference or web access. Teleconference and web access information is detailed in the Management Information Circular.Management proposes the re-election of incumbent directors...
Fairfax Announces Early Redemption of Senior Notes Due October 14, 2022 and March 22, 2023
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TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that, on March 28, 2021, it is redeeming all of its outstanding 5.84% senior notes due October 14, 2022 (the “2022 Notes”) at a redemption price of 106.999% of the principal amount of the 2022 Notes plus accrued and unpaid interest, if any. There is C$446 million principal amount of 2022 Notes currently outstanding.Fairfax also announces that, on March 28, 2021, it is redeeming all of its outstanding 4.50% senior notes due March 22, 2023 (the “2023 Notes”) at a redemption price of 106.456% of the principal amount of the 2023 Notes plus accrued and unpaid interest, if any. There is C$400 million principal amount of 2023 Notes currently outstanding.Questions regarding the redemptions of the 2022 Notes and the 2023...
TAAT™ Prepares to Expand into Canada by Partnering with a British Columbia Life Sciences Firm to Develop and Distribute TAAT™ Products
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LAS VEGAS and VANCOUVER, British Columbia, Feb. 26, 2021 (GLOBE NEWSWIRE) — TAAT™ LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) (the “Company” or “TAAT™”) has entered into a memorandum of understanding (“MOU”) dated February 24, 2021 with Christina Lake Cannabis Corp. (“CLC”) (CSE: CLC) to develop and distribute TAAT™ for the Canadian market. The MOU grants CLC exclusive rights to develop and distribute TAAT™ in Canada for a two-year renewable term, and provides for budgets, schedules, and contributions of both parties for each stage of product development to be agreed upon by way of written agreements to set out specific stipulations for each stage. After launching TAAT™ in Ohio in Q4 2020 as well as its U.S. online store on February 17, 2021, the Company has captured the interest of numerous smokers...
POCML 5 and Collective Mining Close First Tranche of $15 Million Subscription Receipt Financing and Enter into Definitive Agreement to Complete Qualifying Transaction
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TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — POCML 5 Inc. (TSXV: PCML.P) (the “Company” or “POCML5”) is pleased to announced that, further to its news releases dated November 30, 2020 and January 21, 2021 announcing the proposed business combination whereby POCML5 will acquire 100% of the issued and outstanding securities of Collective Mining Inc. (“Collective”), with such transaction constituting the “Qualifying Transaction” of POCML5 under the policies of the TSX Venture Exchange (“TSXV”) (the “Proposed Transaction”), each of POCML5 and Collective have completed tranche one of their previously announced non-brokered private placements to raise aggregate gross proceeds of $14,000,000 through the sale of: (i) 12,775,000 subscription receipts of Collective (the “Collective Subscription Receipts”) at an issue price of $1.00 per Collective...
Colabor Group Reports Results for the Fourth Quarter and Fiscal 2020
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BOUCHERVILLE, Quebec, Feb. 26, 2021 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL, GCL.DB.A) (“Colabor” or the “Company”) reports its results for the fourth quarter and the fiscal year ended December 26, 2020.Fourth Quarter 2020 Financial Highlights and Recent Events:Sales decreased by 30.9% to $133.3 million, compared to $192.9 million for the fourth quarter of 2019, mainly explained by the mandatory closure of restaurant dining rooms in Quebec as of October 1st resulting from the pandemic and the termination of a contract in Specialized distribution activities since the first quarter of 2020;Net earnings from continuing operations declined to $0.6 million compared to $1.9 million for the corresponding period of 2019;Adjusted EBITDA(1) decreased to $7.5 million from $8.2 million for the corresponding period of 2019. Adjusted...
Groupe Colabor dévoile ses résultats du quatrième trimestre et de l’exercice 2020
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BOUCHERVILLE, Québec, 26 févr. 2021 (GLOBE NEWSWIRE) — Groupe Colabor Inc. (TSX : GCL, GCL.DB.A) (« Colabor » ou la « Société »), divulgue ses résultats pour le quatrième trimestre et l’exercice financier terminé le 26 décembre 2020.Faits saillants financiers du quatrième trimestre de 2020 et événements récents :Diminution des ventes de l’ordre de 30,9 % à 133,3 millions $ comparativement à 192,9 millions $ lors du quatrième trimestre de 2019 en raison de la fermeture obligatoire des salles à manger des restaurants au Québec à compter du 1er octobre résultant de la pandémie et de la fin d’un contrat dans les activités de Distribution spécialisée depuis le premier trimestre de 2020;Diminution du résultat net lié aux activités poursuivies à 0,6 million $ comparativement à 1,9 million $ lors de la période correspondante...
Christina Lake Cannabis to Become Exclusive Developer and Distributor of TAAT™ and Beyond Tobacco™ in Canada
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VANCOUVER, British Columbia, Feb. 26, 2021 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE:CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) is pleased to announce that it has entered into a memorandum of understanding (“MOU”) with TAAT™ Lifestyle & Wellness Ltd. (“TAAT™”) (CSE: TAAT) dated February 24, 2021 in which CLC is to develop and distribute the TAAT™ nicotine-free and tobacco-free alternative to tobacco cigarettes for the Canadian market. The MOU grants CLC exclusive rights to develop and distribute TAAT™ in Canada for a two-year renewable term, and provides for budgets, schedules, and contributions of both parties for each stage of product development to be agreed upon by way of written agreements to set out specific stipulations for each stage. After TAAT™ was first...