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Month: February 2021

PowerTap’s 3rd Generation Onsite Blue Hydrogen Fueling Technology Can Generate Excess Electricity

VANCOUVER, British Columbia and NEWPORT BEACH, Calif., Feb. 25, 2021 (GLOBE NEWSWIRE) — Clean Power Capital Corp. (CSE: MOVE)(FWB: 2K6)(OTC: MOTNF) (“Clean Power” or the “Company” or “MOVE”). In light of the recent severe weather in Texas1 causing a strain on the electricity grid and other recent incidents of strain on electricity grids including in California, the Company wishes to highlight the electricity generating capability of the PowerTap modular unit technology. While designing its 3rd generation technology, PowerTap Hydrogen Fueling Corp. (PowerTap) recognized that electricity shortages may be present in key markets where it plans to install its hydrogen fueling stations.While much less electricity is needed to produce blue hydrogen vs green hydrogen2, PowerTap recognized that electricity shortages may affect...

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Pure Extracts Submits Multiple SKUs to Health Canada for Approval

VANCOUVER, British Columbia, Feb. 24, 2021 (GLOBE NEWSWIRE) — Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that its wholly owned subsidiary, Pure Extracts Manufacturing Corp.’s distribution partner has submitted a Notice of New Cannabis Product (“NNCP”) application to Health Canada on behalf of the company seeking approval for its retail cannabis products including cannabis extracts and edible cannabis.The company submitted over 20 Stock Keeping Unit (SKU) product identifiers for approval including THC vapes, CBD vapes, 1:1 blended vapes, and 3 different flavours/formulations of gummies. The company plans to launch these...

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Grupo Aeroportuario del Pacifico Announces Results for the Fourth Quarter of 2020

GUADALAJARA, Mexico, Feb. 24, 2021 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) reported its consolidated results for the fourth quarter ended December 31, 2020 (4Q20). Figures are unaudited and have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”).COVID-19 ImpactDuring the fourth quarter of the year, the COVID-19 pandemic continued to affect the Company’s results, mainly due to the decrease in international and domestic passenger traffic compared to 4Q19. Beginning in mid-2020, non-essential activities in Mexico began to reactivate and the airports began to demonstrate improvements in passenger traffic. However, the general population was encouraged to remain...

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Gran Tierra Energy Inc. Announces Fourth Quarter and Year-End Results for 2020 and Operational Update

Realized 100% 1P and 133% PDP Reserves Replacement, with $2.65 and $5.06/BOE F&D CostsAchieved 2020 Production of 22,624 bopdForecast 2021 Production of 28,000-30,000 bopd for Annual Growth of 24-33%Reduced Annual Operating and G&A Costs by $92 MillionAchieved Company’s Best Safety Year in 2020: Zero Lost Time Incident FrequencyCALGARY, Alberta, Feb. 24, 2021 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE: GTE) today announced the Company’s financial and operating results for the fourth quarter (“the Fourth Quarter”) and year ended December 31, 2020.(1) FOURTH QUARTER AND FULL-YEAR 2020 OPERATIONAL AND FINANCIAL HIGHLIGHTSOperational:Production:With the unprecedented impact of the COVID-19 pandemic and the related...

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Root to Participate in Upcoming Investor Conferences

COLUMBUS, Ohio, Feb. 24, 2021 (GLOBE NEWSWIRE) — Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced that management will present and host meetings at the Credit Suisse Financial Services Forum, the AIFA Conference 2021, the JMP Securities Technology Conference, the Morgan Stanley Technology, Media, & Telecom Conference, and the Truist Securities Technology, Internet, and Services Conference. Details for each event can be found below (times listed in EST):To watch and listen to the live webcast, please visit the Events section of Root’s Investor Relations website at ir.joinroot.com. A replay will be archived on the same website following the call.About Root, Inc.Root, Inc. is the parent company of Root Insurance Company. Root is a technology company revolutionizing personal insurance with...

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Signature Resources Ltd. Annual General and Special Shareholders Meeting Update

TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) — Signature Resources Ltd. (TSXV: SGU, OTCQB: SGGTF, FSE 3S3) (“Signature” or the “Company”), announces that due to the restrictions and guidelines on public gatherings, including the stay-at-home order extended this past Friday by the Ontario government, the Company will be hosting its annual general and special meeting of shareholders (the “Meeting”) this coming Monday, March 1, 2021 at 1:00 p.m. virtually. Any shareholder who wishes to attend the Meeting may only attend virtually by video conference using the following Zoom link: https://zoom.us/j/98384121870?pwd=elJFVHhDbTVGSkIrb1JRcVFwMXhsZz09 (Meeting ID: 983 8412 1870, Passcode: 084827).All shareholders who are eligible to vote at the Meeting are strongly encouraged to vote by proxy in advance of the Meeting....

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Timberland Bancorp, Inc. Announces New Stock Repurchase Program

HOQUIAM, Wash., Feb. 24, 2021 (GLOBE NEWSWIRE) — Timberland Bancorp, Inc. (NASDAQ: TSBK) (“Timberland” or the “Company”), the holding company for Timberland Bank (the “Bank”) announced today that its Board of Directors has adopted a new stock repurchase program. Under the repurchase program, the Company may repurchase up to 5% of the Company’s outstanding shares, or 415,970 shares. The new stock repurchase program replaces the existing stock repurchase program, which had 141,952 shares available to be repurchased.The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordance with Rule 10b5-1 of the Securities and Exchange Commission (“SEC”).Repurchases will be made at management’s discretion at prices management...

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The Chefs’ Warehouse Announces Pricing of $50 Million of 1.875% Convertible Senior Notes Due 2024

RIDGEFIELD, Conn., Feb. 24, 2021 (GLOBE NEWSWIRE) — The Chefs’ Warehouse, Inc. (NASDAQ: CHEF) (the “Company”) today announced the pricing of $50 million aggregate principal amount of its convertible senior notes due 2024 (the “Convertible Notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The Convertible Notes issuance is a reopening of, and will be part of the same series as, the $150 million aggregate principal amount of 1.875% Convertible Senior Notes due 2024 (the “Existing Notes”) issued by the Company on November 22, 2019. While the Convertible Notes will initially trade under a Rule 144A CUSIP number, once de-legended, the Convertible Notes will have the same CUSIP number and will be fully fungible with the Existing Notes.The...

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