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Month: February 2021

Noranda Income Fund Announces Fourth Quarter and Fiscal 2020 Results

TORONTO, Feb. 23, 2021 (GLOBE NEWSWIRE) — Noranda Income Fund (TSX: NIF.UN) (the “Fund”) today reported its financial results for the fourth quarter and fiscal year ended December 31, 2020. Except where otherwise indicated, all amounts in this press release are expressed in US dollars.“As the Fund derives its revenues on market terms, our financial results are subject to changing market dynamics, including those impacting treatment charges, zinc and sulphuric acid prices, key profit drivers which exhibited significant volatility throughout 2020 due to the pandemic. The Fund’s financial performance was negatively impacted by a dramatic decline in market terms on concentrates throughout the year, and while zinc prices increased sharply in the second half of the year, these were not completely realized due to our hedging program,”...

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Le Fonds de revenu Noranda annonce ses résultats du quatrième trimestre et de l’exercice 2020

TORONTO, 23 févr. 2021 (GLOBE NEWSWIRE) — Le Fonds de revenu Noranda (TSX : NIF.UN) (le « Fonds ») a annoncé aujourd’hui ses résultats financiers pour le quatrième trimestre et l’exercice clos le 31 décembre 2020. À moins d’indication contraire, tous les montants figurant dans le présent communiqué de presse sont en dollars américains.« Étant donné que le Fonds tire ses revenus selon les conditions du marché, nos résultats financiers sont soumis à l’évolution des dynamiques du marché, y compris celles qui ont une incidence sur les frais de traitement, aux prix du zinc et de l’acide sulfurique, les principaux indicateurs de rendement ayant affiché une volatilité importante tout au long de 2020 en raison de la pandémie. La performance financière du Fonds a été affectée négativement par une baisse considérable des conditions du marché...

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Faircourt Asset Management Inc. Announces February Distributions

TORONTO, Feb. 23, 2021 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., as Manager of the Faircourt Funds (NEO:FGX), (NEO:FCS.UN), is pleased to announce the monthly distributions payable on the Shares and Trust Units of the below listed Funds.Faircourt Asset Management Inc. is the Investment Advisor for Faircourt Gold Income Corp. and Faircourt Split Trust.This press release is not for distribution in the United States or over United States wire services.For further information on the Faircourt Funds, please visit www.faircourtassetmgt.com orplease contact 1-800-831-0304.You will usually pay brokerage fees to your dealer if you purchase or sell Units of the Trust on the NEO Exchange or other alternative Canadian trading system (an “exchange”). If the Units are purchased or sold on an exchange, investors may pay more than the...

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Biofrontera AG Announces Pricing of US$8.9 Million Firm Commitment Public Offering of American Depositary Shares

NOT FOR DISTRIBUTION OUTSIDE THE UNITED STATESLeverkusen, Germany, Feb. 23, 2021 (GLOBE NEWSWIRE) — Biofrontera AG (NASDAQ: BFRA; Frankfurt Stock Exchange: B8F) (“Biofrontera” or the “Company”), an international biopharmaceutical company, today announced the pricing of a U.S. underwritten public offering of 1,334,002 American Depositary Shares, or ADSs, at an offering price of $6.68 per ADS. Each ADS represents two of Biofrontera’s ordinary shares, nominal value €1.00 per share.The Company expects to receive aggregate gross proceeds of approximately $8.9 million from this offering, before deducting underwriting discounts, commissions and other related expenses. The offering is expected to close on or about February 26, 2021, subject to completion of the capital increase, which has to be recorded in the commercial register of the...

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3D Systems Announces Delay of Fourth Quarter and Full Year 2020 Earnings Release and Conference Call

Company Reaffirms Preliminary Results for Fourth Quarter 2020 Provided on January 7, 2021Plans Form 10-K Filing and Results Announcement on March 1, 2021ROCK HILL, S.C., Feb. 23, 2021 (GLOBE NEWSWIRE) —  3D Systems (NYSE:DDD) today announced that it will delay its fourth quarter and full year 2020 conference call, previously scheduled for February 25, 2021.3D Systems will release its financial results for the fourth quarter and full year 2020 and file its Annual Report on Form 10-K after the U.S. stock markets close on Monday, March 1, 2021. The company will hold a conference call and simultaneous webcast to discuss these financial results the next morning, Tuesday, March 2, 2021, at 8:30 a.m. Eastern Time.In the course of preparing the company’s financial results for the fourth quarter and full year 2020, the company discovered...

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Taronis Fuels Urges Shareholders to Take no Action on the Wetherald/Welo Consent Solicitation Materials

PEORIA, Ariz., Feb. 23, 2021 (GLOBE NEWSWIRE) — Taronis Fuels, Inc. (OTCQB:TRNF), a global producer of renewable and socially responsible fuel products, today responded to the preliminary consent solicitation materials filed by Thomas Wetherald and Tobias Welo (“Wetherald/Welo”) with the following statement:“Taronis Fuels is committed to acting in the best interest of shareholders to maximize long-term value creation. The Company regularly engages with shareholders on a range of topics and values their constructive input. Over the past year, Taronis Fuels has significantly increased its asset base, grown its revenue and de-levered its balance sheet while continuing to invest in the business and make process improvements to the production of MagneGas.”“Taronis Fuels’ Board and management team have a strong track record for taking...

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Digihost Announces $10 Million Non-Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATESTORONTO, Feb. 23, 2021 (GLOBE NEWSWIRE) — Digihost Technology Inc. (“Digihost” or the “Company”) (TSXV: DGHI; OTCQB: HSSHF) is pleased to announce a non-brokered private placement financing of up to $10,000,000 (the “Offering”). The Offering will consist of the sale of up to 2,857,142 units (“Units”) at a price of $3.50 per Unit.Each Unit will be comprised of one (1) common share of the Company (a “Share”), and one-half of one (0.5) common share purchase warrant (each whole warrant, a “Warrant”), with each Warrant entitling the holder thereof to acquire one additional common share of the Company at a price of $4.40 for a period of eighteen (18) months following...

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Hallador Energy Company Announces Fourth Quarter and Full-Year 2020 Earnings Release and Investor Call

TERRE HAUTE, Ind., Feb. 23, 2021 (GLOBE NEWSWIRE) — Hallador Energy Company today announced that the Company plans to release its fourth quarter and full-year 2020 financial results on Form 10-K after the markets close on Monday, March 8, 2021.Earnings Conference Call and WebcastManagement will host an investor conference call and webcast on Tuesday, March 9, 2021, at 2:00 p.m. ET to discuss its fourth quarter and full-year 2020 financial results.The call will be webcast live on our website at www.halladorenergy.com under Webcasts and available for a limited time.To participate in the conference call, please dial:Domestic Callers Toll-free (888) 347-5317Canadian Callers Toll-free (855) 669-9657Conference ID #: Hallador Energy Company HNRG callConference replay through March 15, 2021Domestic Callers Toll-free (877) 344-7529Canadian...

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Premier Diversified Holdings Inc. Enters Into Loan Agreement and Provides Corporate Update

VANCOUVER, British Columbia, Feb. 23, 2021 (GLOBE NEWSWIRE) — Premier Diversified Holdings Inc. (“Premier” or the “Company“) (TSXV: PDH) announces that it has entered into a loan agreement with MPIC Fund I, LP (“MPIC“) for a secured loan in the principal amount of up to USD$95,000 (the “Loan“). The Loan matures on February 10, 2022 and bears interest at a rate of 6% per annum. The Loan is secured with all of the present and after-acquired property of the Company and ranks equally in priority with all of the loans previously made to the Company by MPIC. The Loan will be used for working capital and to acquire an additional interest in MyCare MedTech Inc., a telemedicine company.The Company is not issuing any securities, or paying any bonus, commission or finder’s fees on the Loan....

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Sundial and Indiva Announce Closing of $22 Million Strategic Investment

CALGARY, Alberta and LONDON, Ontario, Feb. 23, 2021 (GLOBE NEWSWIRE) — Sundial Growers Inc. (“Sundial“) (NASDAQ: SNDL), a Canadian licensed producer of recreational cannabis and Indiva Limited (“Indiva”) (TSXV:NDVA) (OTCQX:NDVAF), a leading Canadian producer of cannabis edibles, are pleased to announce the closing of the previously announced $22,000,000 strategic investment (the “Investment”) into Indiva by Sundial.The Investment was completed by way of a brokered private placement (the “Placement“) led by ATB Capital Markets Inc. (“ATB” or the “Agent“) of 25,000,000 common shares of Indiva (the “Common Shares“) at a price of $0.44 per Common Share, raising gross proceeds of $11,000,000 (the “Equity Investment”), and a secured non-revolving term loan facility...

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