Day: March 9, 2021

Titanium Transportation Group Reports Strong 2020 Financial Results and Reiterates 2021 Guidance of $330 Million Revenue and $33 Million EBITDA

BOLTON, Ontario, March 09, 2021 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX VENTURE:TTR), a leading provider of transportation and logistics services throughout North America, is pleased to report its financial results for the three month period and year ended December 31, 2020. All amounts are in Canadian currency.“Record fourth quarter results marked a strong finish to an extraordinary year that exceeded expectations,” said Ted Daniel, Chief Executive Officer, Titanium Transportation Group. “With cautious optimism for economic recovery, we enter 2021 accompanied by an industry leading technology and service platform focused on delivering growth including the expansion of our U.S. based logistics business and the recently announced acquisition of International...

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Draganfly Enters Agreement with Applied Research and Innovations Services at Southern Alberta Institute of Technology to Advance UAV Delivery Technology

Los Angeles, CA., March 09, 2021 (GLOBE NEWSWIRE) — Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (“Draganfly” or the “Company”), award-winning, industry-leading drone solutions, and systems developer, today announced that it has entered into an agreement with the Southern Alberta Institute of Technology (“SAIT”) to advance UAV delivery technology. Draganfly, SAIT Centre for Innovation and Research into Unmanned Systems (CIRUS), and SwissDrones AG will work towards the development of an integrated payload system to be used in direct collaboration with other heavy-duty and long-haul UAV manufacturers. This will include:Designing, developing, and testing of a cargo system for medical delivery to be mounted on a variety of drones including VTOL rotary and fixed-wing platforms. Developing test protocols, operational procedures,...

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Acreage Holdings Reports Fourth Quarter and Full Year 2020 Results

NEW YORK, March 09, 2021 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) today reported financial results for the fourth quarter and full year ended December 31, 2020.FOURTH QUARTER AND FULL YEAR FINANCIAL HIGHLIGHTS (UNAUDITED)Reported fourth quarter revenue of $31.5 million and full year 2020 revenue of $114.5 million, increased 50% and 55%, respectively, compared to the same periods in 2019.Managed entity fourth quarter revenue* of $15.7 million and full year 2020 revenue of $62.8 million, increased 41% and 73%, respectively, compared to the same periods in 2019.Company-owned same store sales growth* was 27%, marking the eighth consecutive quarter of double-digit same store sales improvements.Same store sales growth for managed entities* rose by 71% during the fourth quarter.Gross...

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Elixxer Ltd. Announces Amendment to Proposed Debt Settlement Transactions

MONTRÉAL, March 09, 2021 (GLOBE NEWSWIRE) — Elixxer Ltd. (the “Corporation” or “Elixxer”) (TSX-V: ELXR and OTC-QB: ELIXF) wishes to announce that, in light of current market uncertainty and the further deterioration in the Corporation’s share price, the Corporation’s principal secured lender has requested that the debt settlement transactions announced on March 2, 2021 be effected at a price of $0.015 per share as opposed to the previously disclosed price of $0.02 per share.As a result of this amendment, $3,656,310 (the “AIP Debt”) of the $3,964,826, including interest and fees, owed to AIP Convertible Private Debt Fund LP (“AIP”) pursuant to a secured loan agreement dated November 8, 2019 (the “AIP Loan”) will be settled by the Corporation issuing to AIP a total of 243,754,000 common shares at a deemed issue price of $0.015 per...

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R1 RCM to Present at the KeyBanc Life Sciences & MedTech Investor Forum

CHICAGO, March 09, 2021 (GLOBE NEWSWIRE) — R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced its management team will present at the KeyBanc Life Sciences & MedTech Investor Forum on Tuesday, March 23 at 10:45am ET.A live audio webcast of the presentation will be available on the Investor Relations section of R1’s website at r1rcm.com. A replay of the webcast will be available for 90 days following the live webcast.About R1 RCMR1 is a leading provider of technology-driven solutions that transform the patient experience and financial performance of hospitals, health systems, and medical groups. R1’s proven and scalable operating models seamlessly complement a healthcare organization’s infrastructure,...

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Fusion Fuel Green PLC Announces MoU with Magnesitas De Rubian, S.A. to Develop Green Hydrogen Solutions for Mining Sector

DUBLIN, Ireland, March 09, 2021 (GLOBE NEWSWIRE) — Fusion Fuel Green PLC (NASDAQ: HTOO), a green hydrogen technology company, is pleased to announce that it has signed an MoU with Magnesitas De Rubian, S.A. (Magnesitas), a Spanish mining company, to jointly explore the feasibility of combining green hydrogen and carbon capture technology to reduce the carbon intensity of mining operations and processing. The longer-term ambition of the partnership is to accelerate the timeline to climate neutrality of mining activity and develop new mining solutions based on zero-emissions hydrogen.The proposed project would involve the installation of up to 10’000 HEVO-SOLAR units at Magnesitas’ site in Lugo, Spain, which would enable Fusion Fuel to produce 20,000 tons of green hydrogen annually. A portion of the output would be used to generate...

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Gold Standard Ventures Engages Cutfield Freeman & Co. as Construction Capital Financial Advisory Firm

VANCOUVER, British Columbia, March 09, 2021 (GLOBE NEWSWIRE) — Gold Standard Ventures Corp. (NYSE AMERICAN: GSV) (TSX: GSV) (“Gold Standard” or the “Company”) is pleased to announce that it has engaged Cutfield Freeman & Co. (“Cutfield Freeman”) to provide independent advice on all aspects of mining finance related to Gold Standard’s South Railroad Project in the Carlin Trend of Nevada.Jason Attew, President and CEO stated, “As we move forward to completing the South Railroad Project’s Feasibility Study, we are very pleased to have engaged a global mining advisory firm like Cutfield Freeman as our financial advisor. This will allow the Company to assess all avenues of construction funding upon our receipt of final permits. Cutfield Freeman has a proven track record in financing alternatives for mine construction which...

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APA Corporation Provides Update on Keskesi East-1 Discovery Well in Block 58 Offshore Suriname; Drillship to be Released as Planned

HOUSTON, March 09, 2021 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) and Total S.A. (NYSE: TOT) today updated the operational status of the Keskesi East-1 discovery well offshore Suriname.As announced on Jan. 14, 2021, Keskesi East-1 discovered oil, volatile oil and condensate in the Upper Cretaceous-aged Campanian and Santonian intervals and, subsequently, continued drilling toward deeper Neocomian-aged targets. As drilling progressed, the well encountered substantial pressure increases that APA and Total determined could ultimately exceed the capabilities of the wellbore design and pressure control equipment. Consequently, the partners decided to conclude drilling operations at Keskesi before reaching the Neocomian targets. Information gathered from this well will be used to design a wellbore and drilling program that will...

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Grupo Aeroportuario del Pacifico Announces Annual General Ordinary and Extraordinary Shareholders’ Meeting

GUADALAJARA, Mexico, March 09, 2021 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacífico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”) announced the following:Pursuant to a resolution adopted by our Board of Directors on February 24, 2021, and in accordance with Articles 180, 181, 182 and other applicable articles of the General Law of Commercial Corporations and Article 35 of the Company’s by-laws, Grupo Aeroportuario del Pacífico, S.A.B. de C.V. invites its shareholders to the General Ordinary and General Extraordinary Shareholders’ Meeting on April 27, 2021 at 12:00 and 1:00 pm, respectively, in Salon Midtown Ballroom 3, 3rd floor of the Hilton Hotel, located at Av. López Mateos 2405-300, Col. Italia Providencia , Guadalajara, Jalisco, Mexico, to discuss the following:ANNUAL GENERAL ORDINARY SHAREHOLDERS’ MEETINGMEETING...

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Sabina Gold & Silver Corp. Announces C$35 Million Bought Deal Financing

Not for distribution to U.S. news wire services or dissemination in the United States.VANCOUVER, British Columbia, March 09, 2021 (GLOBE NEWSWIRE) — Sabina Gold & Silver Corp. (SBB.T/SGSVF.OTCQX), (“Sabina” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and RBC Capital Markets, under which the underwriters have agreed to buy on a bought deal basis 18,000,000 common shares (the “Common Shares”) at a price of C$1.95 per Common Share for gross proceeds of approximately C$35 million (the “Offering”). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of Common Shares issued to cover over-allotments, if any. The...

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