Day: March 11, 2021

Parkland Corporation Announces March 2021 Dividend

CALGARY, Alberta, March 11, 2021 (GLOBE NEWSWIRE) — Parkland Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.1029 per share will be paid on April 15, 2021 to shareholders of record on March 22, 2021. The dividend will be an ‘eligible dividend’ for Canadian income tax purposes. The ex-dividend date is March 19, 2021.Enhanced Dividend Reinvestment PlanParkland’s enhanced Dividend Reinvestment Plan (“Enhanced DRIP”) allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 5% per share discount to the average of the daily volume weighted average trading prices during the Pricing Period. For further details on the Enhanced DRIP and the Pricing Period, please visit www.parkland.ca/en/investors/dividends.Shareholders who wish to enroll...

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Firm Capital Mortgage Investment Corporation Announces the Declaration of April, May and June Monthly Cash Dividends

TORONTO, March 11, 2021 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation“) (TSX: FC) is pleased to announce that its board of directors has declared a monthly cash dividend of $0.078 per common share (subject to adjustment at the discretion of the board of directors) payable on the date set out below to holders of common shares of record at the close of business on the record date set out below:The Corporation has in place a Dividend Reinvestment Plan (“DRIP”) and Share Purchase Plan (“Plan”) that is available to its shareholders. Shareholders are reminded that they can participate in the DRIP and the Plan. Participant shareholders pay no commission for common shares issued from treasury.DIVIDEND REINVESTMENT PLAN (DRIP)The DRIP allows participants to have their monthly cash dividends...

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Diversified Royalty Corp. Announces Fourth Quarter and Year End 2020 Results

VANCOUVER, British Columbia, March 11, 2021 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended December 31, 2020 (“Q4 2020”) and year ended December 31, 2020.HighlightsRevenue of $8.9 million for Q4 2020 and $30.5 million for the year ended December 31, 2020.Adjusted revenue of $10.1 million for Q4 2020 and $35.3 million for the year ended December 31, 2020.Distributable cash of $7.1 million for Q4 2020 and $23.7 million for the year ended December 31, 2020.Dividend was decreased to $0.01667 per share per month ($0.20 per share on an annualized basis) effective April 2020 given the uncertainty facing DIV and its royalty partners as a result of the COVID-19 pandemic.Payout ratio of 85.5% for Q4 2020 and 104.1% for...

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PLx Pharma Inc. to Present at the Oppenheimer 31st Annual Healthcare Conference

SPARTA, N.J., March 11, 2021 (GLOBE NEWSWIRE) — PLx Pharma Inc. (NASDAQ: PLXP) (“PLx” or the “Company”), a specialty pharmaceutical company focused on its clinically-validated and patent-protected PLxGuard™ drug delivery platform to provide more effective and safer products, with its lead products VAZALORE™ 325 mg and VAZALORE™ 81 mg (referred to together as “VAZALORE”), announced today that Natasha Giordano, President and Chief Executive Officer, and Rita O’Connor, Chief Financial Officer, will present at the Oppenheimer 31st Annual Healthcare Conference as follows:The presentation will be webcast live at the aforementioned time, and archived for 30 days thereafter, via the Company’s website at www.plxpharma.com, under the ‘Investors Relations’ Section.About VAZALOREVAZALORE is an FDA-approved liquid-filled aspirin capsule that...

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Titanium Announces Payment From Emission Reduction Alberta for the First Engineering Phase Milestone of the CVW™ Horizon Project

CALGARY, Alberta, March 11, 2021 (GLOBE NEWSWIRE) — Titanium Corporation Inc. (“Titanium” or the “Company”) (TSXV: TIC) today announced the completion and payment of the first milestone of $800,000 less a 20% holdback, from Emissions Reduction Alberta (“ERA”) for the engineering phase of the CVW™ Horizon Project. The ERA payment is the first under the $5 million ERA Contribution Agreement previously announced on September 28, 2020.The payment is with respect to 2020 joint project costs totaling $5.4 million incurred by Titanium and Canadian Natural Resources Limited (“Canadian Natural”) and shared $1.6 million and $3.8 million, respectively. The net payment of $640,000 is allocated on a 30% (Titanium – $192,000) and 70% (Canadian Natural – $448,000) basis under the 2020 Project Coordination Agreement,...

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Total Energy Services Inc. Announces Q4 2020 Results

CALGARY, Alberta, March 11, 2021 (GLOBE NEWSWIRE) — Total Energy Services Inc. (“Total Energy” or the “Company”) (TSX:TOT) announces its consolidated financial results for the three months and the year ended December 31, 2020.Financial Highlights($000’s except per share data)Notes 1 through 4 please refer to the Notes to the Financial Highlights set forth at the end of this release.“nm” – calculation not meaningfulTotal Energy’s results for the three months ended December 31, 2020 reflect an ongoing focus on operational safety and efficiency and preservation of the Company’s financial strength and liquidity in the face of continued challenging global industry conditions. Included in the financial results for the three months ended December 31, 2020 was $3.2 million of incremental depreciation expense resulting from a change in depreciation...

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SAVE THE DATE: NOVAGOLD 2021 First Quarter Financial Results Release, Conference Call and Video Webcast

VANCOUVER, British Columbia, March 11, 2021 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (TSX, NYSE American: NG) will release its 2021 first quarter financial results after market close on March 31, 2021. A conference call and video webcast to discuss these results will take place April 1, 2021 at 8:00 am PT (11:00 am ET).Questions may be submitted prior to the call at info@novagold.com. There will also be an opportunity to ask questions during the webcast following the presentation. The video webcast and conference call-in details are provided below.The webcast will be archived on NOVAGOLD’s website for one year. For a transcript of the call, please see https://www.novagold.com/investors/presentations/ to download or email info@novagold.com.NOVAGOLD Contact:Mélanie HennesseyVice President, Corporate CommunicationsJason MercierManager,...

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Educational Development Corporation Announces Record Monthly, Quarterly and Fiscal Net Revenues Estimates and Active Sales Consultants in the Company’s UBAM Division

TULSA, Okla., March 11, 2021 (GLOBE NEWSWIRE) — Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) reports that the Company has achieved record net revenues in February 2021 totaling approximately $13.0 million, an increase of $6.3 million, or 94% over net revenues achieved in February 2020 of $6.7 million. Revenues for the fiscal fourth quarter totaled approximately $40.3 million, or 100% higher than net revenues reported in the fourth quarter last year. The Company also reports that net revenues for fiscal 2021 totaled approximately $204.6 million, or 81% higher than net revenues reported for fiscal year 2020 of $113.0 million.  The Company’s Usborne Books & More (UBAM) division also finished February 2021 with approximately 57,600 active consultants, an increase of 95% over...

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IBI Group Inc. Announces Q4 and Year End 2020 Results

Organic revenue growth of over 4%15.5% Adjusted EBITDA1 net of IFRS 16 marginNet debt1 to Adjusted EBITDA multiple reduced to 1.3 times18% growth in backlog to $578 million or 18 monthsTORONTO, March 11, 2021 (GLOBE NEWSWIRE) — IBI Group Inc. (“IBI” or the “Company”), a globally-integrated, technology-driven design firm, today announced its financial and operating results for the three and twelve months ended December 31, 2020. Select financial and operational information is outlined below and should be read with IBI’s audited consolidated financial statements (“Financial Statements”) and management’s discussion and analysis (“MD&A”) as of December 31, 2020, which are available on SEDAR at www.sedar.com and on IBI’s website at www.ibigroup.com.IBI’s 2020 results reflect true organic growth across the firm and were achieved...

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Cardinal Energy Ltd. Completes Redemption of 8.00% Convertible Debentures

CALGARY, Alberta, March 11, 2021 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ; CJ.DB.A) announced today that it has completed the previously announced redemption of its 8.00% Convertible Unsecured Subordinated Debentures due December 31, 2022 (the “Debentures“). Prior to the redemption date, Cardinal issued 22,410,000 common shares upon the voluntary conversion of $28,013,000 principal amount of the Debentures representing approximately 99.3% of the outstanding Debentures. The redemption of the remaining $194,000 principal amount of the Debentures was funded through the Company’s credit facility. As the majority of the Debentures were converted into common shares, the redemption financing of unsecured subordinated non-convertible debt announced in our February...

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