Month: February 2021

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...

TORONTO, Feb. 03, 2021 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX:FTG) will release the full year and fourth quarter 2020 financial results after market closes on Wednesday, February 10, 2021.The Corporation will host a live conference call on Thursday, February 11, 2021 at 8:30am (Eastern) to discuss the full year and fourth quarter 2020 financial results.Anyone wishing to participate in the call should dial 647-427-2311 or 1-866-521-4909 and identify that you are calling to participate in the FTG conference call. The Chairperson is Mr. Brad Bourne. A replay of the call will be available until March 12, 2021 and will be available on the FTG website at www.ftgcorp.com. The number to call for a rebroadcast is 416-621-4642 or 1-800-585-8367, Conference ID 9077906.ABOUT FIRAN TECHNOLOGY GROUP CORPORATIONFTG is an aerospace...

MONTREAL, Feb. 03, 2021 (GLOBE NEWSWIRE) — Stingray Business, a leading business-to-business multi-platform music and in-store media solution provider, Le Panier Bleu, an initiative launched by the Government of Quebec to encourage buying local, as well as Aliments du Québec, a non-profit organization whose mission is to promote the agri-food industry, today announced a partnership that puts Quebec goods in the spotlight.Stingray Business will produce and broadcast free advertising content developed with the organizations Le Panier Bleu and Aliments du Québec to promote local products in the 2,500 businesses that have access to the background music and messaging services provided by Stingray Business. The initiative aims to help consumers identify Quebec products and encourage buying local to stimulate the economy during the pandemic.“The...

MONTRÉAL, 03 févr. 2021 (GLOBE NEWSWIRE) — Stingray Affaires, un chef de file des services musicaux multiplateformes interentreprises et des solutions multimédias en magasin, Le Panier Bleu, une initiative soutenue par le gouvernement du Québec pour dynamiser l’achat local, ainsi que Aliments du Québec, un OBNL dont la mission est de promouvoir l’industrie bioalimentaire, ont annoncé aujourd’hui leur partenariat pour encourager l’achat local dans les commerces du Québec.Concrètement, Stingray Affaires s’engage à produire et diffuser gratuitement du contenu publicitaire développé avec les organismes Le Panier Bleu et Aliments du Québec pour faire la promotion des produits d’ici dans les 2500 commerces qui ont accès au service de musique d’ambiance et de messagerie pour entreprises de Stingray Affaires. L’initiative vise à renforcer...

VANCOUVER, British Columbia, Feb. 03, 2021 (GLOBE NEWSWIRE) — Almaden Minerals Ltd. (“Almaden” or “the Company”; TSX: AMM; NYSE American: AAU) is pleased to provide shareholders with an update regarding its intentions for advancing the Ixtaca project during 2021.As previously disclosed, Almaden was informed late last year that the Company’s initial environmental impact assessment (“MIA”) in respect of the Ixtaca project did not receive approval from the Mexican federal permitting authority, Secretaría de Medio Ambiente y Recursos Naturales (“SEMARNAT”).Since that time, the Company has reviewed SEMARNAT’s reasons for not approving the MIA, and engaged in conversations with a range of project and industry stakeholders in Mexico. Almaden remains convinced that the Ixtaca project can be a showcase for modern, responsible mineral development...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.MONTREAL, Québec, Feb. 03, 2021 (GLOBE NEWSWIRE) — Goodfood Market Corp. (“Goodfood” or the “Company”) (TSX: FOOD), a leading online grocery company in Canada, announced today that it has entered into an agreement with a syndicate of underwriters co-led by Desjardins Capital Markets and RBC Dominion Securities Inc. (together, the “Co-Lead Underwriters”, and collectively with the syndicate of underwriters, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase from the Company, 4,800,000 common shares of the Company (the “Common Shares”) at a price of $12.50 per Common Share (the “Offering Price”) for aggregate gross proceeds to Goodfood of approximately $60.0 million (the “Offering”).The Underwriters have also been granted...