Day: March 3, 2021

TWC Enterprises Limited Announces 2020 Year End Results and Eligible Cash Dividend

KING CITY, Ontario, March 03, 2021 (GLOBE NEWSWIRE) — TWC Enterprises Limited (TSX: TWC)Consolidated Financial Highlights (unaudited)Operating DataThe following is a breakdown of net operating income by segment.The following is an analysis of net earnings:Direct operating expenses are calculated as follows:(1) Please see Non-IFRS Measures on page following2020 Consolidated HighlightsAs a result of the COVID-19 pandemic, the Company closed all golf clubs in mid-March in order to adhere to government restrictions that involve social gatherings and ensure the health and wellbeing of members and staff alike. This has and will continue to impact revenue streams such as corporate events, banquets, weddings and food and beverage. As government closure orders were lifted, Ontario courses were re-opened on May 16th, 2020 and Quebec courses...

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Namaste Technologies Announces Appointment of New CFO

TORONTO, March 03, 2021 (GLOBE NEWSWIRE) — Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) a marketplace platform for cannabis and wellness products, is pleased to announce the appointment of Ms. Slava Klems, CPA, CA as Chief Financial Officer (CFO) effective March 3, 2021. Ms. Klems has been the Interim CFO as of October 31, 2020.“I would like to congratulate Ms. Klems on her well deserved appointment,” said Meni Morim, CEO of Namaste. “Ms. Klems has an impressive background in corporate finance with experience in technology and platform integration and has shown an incredible business acumen since joining the Company. Since Ms. Klems tenure, much work has been done to automate many new areas in accounting including our accounts payable cycle, streamlining the payment processing...

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Nevada Copper Announces Director Resignation

YERINGTON, Nev., March 03, 2021 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (“Nevada Copper” or the “Company”) announces that Ricardo De Armas has resigned as a director of the Company, effective March 2, 2021, in order to devote his attention to other professional commitments. The board of directors of the Company would like to thank Mr. De Armas for his contributions and they wish him success in his future endeavours.About Nevada CopperNevada Copper (TSX: NCU) is a copper producer and owner of the Pumpkin Hollow copper project. Located in Nevada, USA, Pumpkin Hollow has substantial reserves and resources including copper, gold and silver. Its two fully permitted projects include the high-grade underground mine and processing facility, which is now in the production stage, and a large-scale open pit project,...

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GCP Applied Technologies Reports Preliminary Fourth Quarter and Full Year 2020 Results

Fourth Quarter 2020 – Preliminary4Q 2020 Net sales $243 million, down 6.0%4Q 2020 Gross margin 39.5%, an increase of 150 basis points4Q 2020 Loss from continuing operations attributable to GCP shareholders of $0.8 millionFull Year 2020 – Preliminary2020 Net sales of $903 million, down 10.9%2020 Gross margin 39.6% an increase of 170 basis points2020 Income from continuing operations attributable to GCP shareholders of $101 million versus $41 million in 2019 and Diluted EPS from continuing operations attributable to GCP shareholders of $1.37 versus $0.56Net cash provided by operating activities from continuing operations of $73.3 millionCAMBRIDGE, Mass., March 03, 2021 (GLOBE NEWSWIRE) — GCP Applied Technologies Inc. (NYSE: GCP), a leading global provider of construction products technologies, today announced preliminary...

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Global Water Resources Reports Fourth Quarter and Full Year 2020 Results

PHOENIX, March 03, 2021 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, reported results for the year ended December 31, 2020. All annual comparisons are to the previous year unless otherwise noted.Full Year 2020 Financial HighlightsTotal revenues increased 8.9% to $38.6 million, driven by organic connection growth, increased consumption, and increased rates.Cash and cash equivalents totaled $18.0 million at December 31, 2020, up from $7.5 million at December 31, 2019. The increase was primarily due to an equity offering completed in January of 2020, along with cash generated from operations.Secured a new two-year revolving $10.0 million credit line to support the company’s growth strategy, replacing the previous credit line with more favorable terms.Increased...

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Early Warning Report: SPC Nickel Corp.

TORONTO, March 03, 2021 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces its ownership position in SPC Nickel Corp. (the “Issuer”).Dundee and its affiliates own or control 12,292,000 common shares and warrants exercisable for the purchase of 375,000 common shares of the Issuer representing 12.04% of the Issuer on an undiluted basis and 12.36% of the Issuer on a partially diluted basis.Dundee’s ownership or control of securities of the Issuer are for investment purposes only. Dundee intends to review, on a continuous basis, various factors related to its investment, including (but not limited to) the price and availability of the securities of the Issuer, subsequent developments affecting the Issuer or its business, and the general market and economic conditions. Based...

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CytoDyn Files Form S-3 to Replace Expiring Shelf Registration Statement

VANCOUVER, Washington, March 03, 2021 (GLOBE NEWSWIRE) — CytoDyn Inc. (OTC.QB: CYDY), (“CytoDyn” or the “Company”), a late-stage biotechnology company developing Vyrologix™ (leronlimab-PRO 140), a CCR5 antagonist with the potential for multiple therapeutic indications, announced today it has filed a “universal shelf” registration statement on Form S-3 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”) to replace its previous shelf registration originally filed with the SEC on February 23, 2018 and set to expire on March 7, 2021.The new Registration Statement, once declared effective by the SEC, will maintain the registration of previously issued and unexercised warrants, and provide the Company with the flexibility to access capital markets in the future on a timely and cost-effective...

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TopBuild Acquires Ozark Foam

DAYTONA BEACH, Fla., March 03, 2021 (GLOBE NEWSWIRE) — TopBuild Corp. (NYSE:BLD) a leading installer and distributor of insulation and building material products in the United States, has acquired Ozark Foam, a residential and light commercial insulation company that primarily installs spray foam insulation. Founded in 1995 and serving customers in Missouri, Arkansas and Oklahoma, Ozark Foam generated approximately $7.7 million in revenue in 2020.Robert Buck, President and CEO of TopBuild noted, “Ozark Foam is a terrific addition to our TruTeam installation business with a strong customer base and an experienced team of installers. We are also pleased that the two former owners, Randi and Tami Williams, have joined the TopBuild team. They will continue to manage and help us grow this business.”Year-to-date, TopBuild has completed...

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James Burke Named President of the Community Financial Corporation, Community Bank of the Chesapeake Holding Company

WALDORF, Md., March 03, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Community Financial Corporation (“TCFC” or the “Company”), the holding company of Community Bank of the Chesapeake (“CBTC” or the “Bank”), has named James M. Burke as President of the Company, effective February 25, 2021. Jimmy is a banking veteran and currently serves as President of Community Bank of the Chesapeake. William Pasenelli, who has served as CEO and President of the Company, will continue to serve as Chief Executive Officer of the Company.Austin J. Slater, Chairman of the Board of Directors, said on the appointment: “Jimmy has a wealth of experience working in executive management roles and extensive knowledge of the banking industry. His expertise, leadership and business acumen have been instrumental in the continued growth of the Company and...

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Tower One Secures MLA With “WOM”- Novator Partners LLP

VANCOUVER, British Columbia, March 03, 2021 (GLOBE NEWSWIRE) — TOWER ONE WIRELESS CORP. (CSE: TO) (OTCQB: TOWTF) (Frankfurt: 1P3N) (“Tower One” or the “Company”) provides update on new customer in Colombia.“We are very happy to announce we are now part of a handful of tower companies selected by WOM a new carrier in Colombia. WOM currently has great ambitions for the Colombian market and is estimating over 8,000 sites will be required in short order. Currently we are finalizing the first stage of this relationship allowing access to our existing tower base and helping us increase the tenant ratios. As a second stage we will assist in the build out of additional sites across Colombia.” Alejandro Ochoa – CEO Tower One WirelessAbout WOM (Novator Partners LLP)The UK-based investment fund Novator, owner of Chilean operator WOM, has announced...

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