Day: March 16, 2021

Bango Final Results

CAMBRIDGE, United Kingdom, March 16, 2021 (GLOBE NEWSWIRE) — Bango (AIM: BGO), the data-driven commerce company, today announces its Final Results for the year ended 31 December 2020.SummaryRevenue and profit ahead of expectations and demonstrating strong growth.New payment deals won in 2020 provide confidence for 2021 outlook.Bango Marketplace adoption accelerating, enabling app developers to find paying users that drive more payment volume – the Bango virtuous circle.Bango was certified as carbon neutral in 2020 with an ongoing commitment for continuous improvement. FY2020 Financial Highlights Revenue grew by 70% to £12.2M (2019: £7.2M).End User Spend (EUS) increased to £1.9B, the sixth consecutive year of strong growth (2019: £1.1B).Adjusted EBITDA grew by 16x to £4.6M (2019: £0.3M).Cash at 31 December 2020 was £5.8M (31 December...

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Hill International Reports Fourth Quarter and Full Year 2020 Financial Results

Full Year 2020 HighlightsNet cash provided by operating activities of $12.3 million and free cash flow (a non-GAAP measure) of $10.4 millionConsulting Fee Revenue (“CFR”) of $296.6 millionNet loss of $8.2 million, which included $11.7 million of non-cash charges and a $0.6 million non-recurring chargeNet income adjusted for these items (a non-GAAP measure) of $4.2 millionAdjusted EBITDA (a non-GAAP measure) of $19.0 millionBookings of $360.9 million, producing a book-to-burn ratio of 121.7%At December 31, 2020:Total cash of $41.4 millionTotal liquidity of $45.9 millionPHILADELPHIA, March 16, 2021 (GLOBE NEWSWIRE) — Hill International, Inc. (NYSE:HIL) (“Hill” or the “Company”), the global leader in managing construction risk, announced today its financial results for the fourth quarter (“Q4 2020”)...

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Nabis Holdings Inc. Announces Resumption of Trading on CSE

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, March 16, 2021 (GLOBE NEWSWIRE) — Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) (“Nabis” or the “Company“) announced today that, further to Canadian Securities Exchange Bulletin 2021-0325, the Company’s common shares (symbol: NAB) and Senior Unsecured Notes (symbol: NAB.NT) will resume trading on the Canadian Securities Exchange at the opening of trading on Wednesday, March 17. A copy of the CSE Bulletin is available at the hyperlink set out below.https://www.thecse.com/en/about/publications/bulletins/2021-0325-resumption-nabis-holdings-inc-nab-nabntAbout Nabis Holdings Inc.Nabis Holdings is a Canadian investment issuer that invests in assets across multiple industries, including real...

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Huntington Announces Increase in Land Holdings – Golden Sidewalk Target Area – Red Lake Gold District – Ontario

CALGARY, Alberta, March 16, 2021 (GLOBE NEWSWIRE) — Huntington Exploration Inc. (TSX.V: HEI) (the “Company” or “Huntington”) announced today it has added to the Company’s Birch-Uchi Project land holdings in the Red Lake Gold District through an arm’s length mineral property acquisition (the “Acquisition”). Aggregate land holdings have been increased by 184 claims or 3,855 square kilometers to a total of 11,280 square kilometers.ACQUISITION TERMSHuntington has acquired by way of a mineral property acquisition agreement with an arm’s length third party in exchange for a cash payment of $10,520 for recording costs and nominal expenses only, with no issuance of common shares or royalties.THE PROPERTY HIGHLIGHTSThese additional claims cover favorable geology and some known mineral showings surrounding the companies Birch-Uchi Property...

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Array Technologies, Inc. Announces Launch of Secondary Offering of 31,054,971 Shares

ALBUQUERQUE, N.M., March 16, 2021 (GLOBE NEWSWIRE) — Array Technologies, Inc. (NASDAQ: ARRY) (the “Company”) today announced that a stockholder of the Company controlled by Oaktree Capital (the “Selling Stockholder”) has commenced an underwritten public offering of 31,054,971 shares of the Company’s common stock pursuant to a registration statement filed with the Securities and Exchange Commission. Additionally, the Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional 4,420,486 shares of the Company’s common stock. In conjunction with announcing the public offering, the Company is also providing certain business updates as described in more detail below. The Company’s common stock is listed on the Nasdaq Global Market under the symbol “ARRY.”The Company will not...

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Ferrellgas, L.P. Announces Pricing of Senior Notes Offering

OVERLAND PARK, Kan., March 16, 2021 (GLOBE NEWSWIRE) — Ferrellgas, L.P. (OTC:FGPRQ) (the “Company”) and its wholly-owned subsidiary Ferrellgas Finance Corp. (“Finance Corp.” and, together with the Company, the “Issuers”) announced today that the Company’s wholly-owned direct subsidiary, Ferrellgas Escrow, LLC (the “Escrow LLC Issuer”), and Finance Corp.’s wholly-owned direct subsidiary, FG Operating Finance Escrow Corp. (the “Escrow Corp. Issuer”) priced an offering of $650 million in aggregate principal amount of 5.375% senior notes due 2026 (the “2026 Notes”) and $825 million in aggregate principal amount of 5.875% senior notes due 2029 (the “2029 Notes” and, together with the 2026 Notes, the “Notes”), in each case, at an offering price equal to 100% of the principal thereof. The offering of the Notes is expected to close on or...

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Fanhua Announces Quarterly Cash Dividend of US$0.25 per ADS for the Fourth Quarter of 2020

GUANGZHOU, China, March 16, 2021 (GLOBE NEWSWIRE) — The board of directors of Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that its Board of Directors (the “Board”) has declared a quarterly dividend of US$0.0125 per ordinary share, or US$0.25 per ADS for the fourth quarter of 2020. The dividend is payable on or around April 15, 2020 to shareholders of record on March 31, 2020.About Fanhua Inc.Fanhua Inc. is a leading independent financial services provider. Through our online platforms and offline sales and service network, we offer a wide variety of financial products and services to individuals, including life and property and casualty insurance products. We also provide insurance claims adjusting services, such as damage assessments, surveys,...

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Patriot One Releases Second Quarter Results

TORONTO, March 16, 2021 (GLOBE NEWSWIRE) — Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One” or the “Company”), developer of the PATSCANTM Multi-Sensor Threat Detection Platform, is pleased to release its second quarter interim financial results for the three and six month periods ended January 31, 2021. All information is in Canadian dollars unless otherwise indicated.The following press release should be read in conjunction with the Company’s Condensed Consolidated Interim Financial Statements, prepared in accordance with International Financial Reporting Standards (“IFRS”) and our Management’s Discussion and Analysis for the three and six month periods ended January 31, 2021, which can be found on SEDAR at www.sedar.com and on the Company’s website at www.patriot1tech.com.  “In the past few...

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Firm Capital Apartment REIT Announces Stock Option Grants

All amounts are in US Dollars unless otherwise stated.TORONTO, March 16, 2021 (GLOBE NEWSWIRE) — Firm Capital Apartment REIT (the “Trust”), (TSXV: FCA.U), (TSXV: FCA) announces that it has granted to certain trustees, officers and management of the Trust Unit Options (the “Options“) to purchase a total of 119,500 trust units. 49,300 of the options have an exercise price of US$7.50 per trust unit and 70,200 of the options have an exercise price of US$8.30 per trust unit. The options are exercisable for a period of 10 years and have been granted in accordance with the terms of the Trust’s current trust unit option plan.ABOUT FIRM CAPITAL APARTMENT REAL ESTATE INVESTMENT TRUSTFirm Capital Apartment Real Estate Investment Trust is a U.S. focused real estate investment trust that pursues multi-residential income producing...

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Plug Power to Restate Previously Issued Financial Statements

No Expected Impact on Cash Position, Business Operations or Economics of Commercial Arrangements Plug Power Remains Well Positioned to Capitalize on its Leadership in the Rapidly Growing Global Green Hydrogen and Fuel Cell Industry LATHAM, N.Y., March 16, 2021 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey hydrogen solutions building the global green hydrogen economy, announced today that it will restate its previously issued financial statements for fiscal years 2018 and 2019 and its quarterly filings for 2019 and 2020, which will be disclosed in the Form 10-K for the year ended December 31, 2020 (the “Prior Period Financial Statements”).In consultation with KPMG LLP, the Company’s independent registered public accounting firm, management and the Audit Committee of Plug Power’s Board of Directors determined...

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