Maxim Power Corp. Announces 2020 Fourth Quarter Financial and Operating Results

Written by Customer Service on March 18, 2021. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, March 18, 2021 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the fourth quarter ended December 31, 2020. The audited consolidated financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM’s website on March 18, 2021. All figures reported herein are Canadian dollars unless otherwise stated.FINANCIAL HIGHLIGHTS(1) Select financial information was derived from the consolidated financial statements and is prepared in accordance with GAAP, except adjusted EBITDA. Adjusted EBITDA is provided to assist management and investors in determining the Corporation’s approximate operating cash flows before interest,...

Itaú Corpbanca Files Material Event Notice Announcing the Definitive Appointment of Directors

Written by Customer Service on March 18, 2021. Posted in Public Companies.

SANTIAGO, Chile, March 18, 2021 (GLOBE NEWSWIRE) — ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) today announced that it filed a Material Event Notice with the Chilean Commission for the Financial Market reporting that at the annual ordinary shareholders’ meeting held today, our shareholders agreed to appoint Messrs. Rogerio Braga and Matias Granata as members of our Board of Directors. The full Material Event Notice is available on the company’s investor relations website at ir.itau.cl.About Itaú CorpbancaITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) is the entity resulting from the merger of Banco Itaú Chile with and into Corpbanca on April 1, 2016. The current ownership structure is: 39.22% owned by Itaú Unibanco, 27.16% owned by the Saieh Family and 33.29% owned by minority shareholders. Itaú Unibanco is the sole controlling shareholder...

Texas Roadhouse, Inc. Announces the Passing of Kent Taylor

Written by Customer Service on March 18, 2021. Posted in Public Companies.

LOUISVILLE, Ky., March 18, 2021 (GLOBE NEWSWIRE) — Texas Roadhouse, Inc., today announced the passing of its founder and Chief Executive Officer, Kent Taylor.Greg Moore, Lead Director, provided this statement on behalf of the Board of Directors: “We are deeply saddened by the loss of Kent Taylor. He founded Texas Roadhouse and dedicated himself to building it into a legendary experience for “Roadies” and restaurant guests alike. During the pandemic, he gave up his entire compensation package to help support his frontline workers. This selfless act was no surprise to anyone who knew Kent and his strong belief in servant leadership. He was without a doubt, a people-first leader. His entrepreneurial spirit will live on in the company he built, the projects he supported and the lives he touched.”Kent Taylor founded Texas Roadhouse in...

Successful SLS Core Stage Hot-Fire Test Puts America One Step Closer to Returning to the Moon

Written by Customer Service on March 18, 2021. Posted in Public Companies.

STENNIS SPACE CENTER, Miss., March 18, 2021 (GLOBE NEWSWIRE) — The four Aerojet Rocketdyne RS-25 rocket engines that power the core stage of NASA’s Space Launch System (SLS) fired in unison for the second time on March 18 in Test 8 of the Core Stage Green Run series. The successful completion of this test brought America’s heavy-lift deep space exploration rocket one step closer to its first flight.“This is a huge milestone for the world’s largest rocket stage as it marks the most challenging test before all of the SLS hardware is assembled at NASA’s Kennedy Space Center in preparation for the Artemis I mission,” said Eileen P. Drake, Aerojet Rocketdyne CEO and president. “SLS has been designed specifically for exploration and is key to returning American astronauts to the Moon and eventually sending humans to Mars.”This second...

Canacol Energy Ltd. Reports a 6% Increase in EBITDAX and an 11% Increase in Adjusted Funds from Operations per Share in Q4 2020

Written by Customer Service on March 18, 2021. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, March 18, 2021 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating results for the three months and year ended December 31, 2020. Dollar amounts are expressed in United States dollars (“USD”), except as otherwise noted.Charle Gamba, President and CEO of the Corporation, commented: “Canacol’s success continued into 2020 despite the COVID-19 global pandemic. 2020 EBITDAX of $187.5 million increased 12% over 2019 levels, and fourth quarter 2020 EBITDAX continued to strengthen, posting an increase of 9% over the third quarter 2020 levels. Despite a 2020 reduced drilling program which included only six of our planned twelve wells due to COVID-19 (and only two of those being exploration wells), the Corporation...

Vista Gold Drilling Confirms Continuity and Grade in the North Extension at the Mt Todd Gold Project and Announces Plans to Add a Second Drill Rig

Written by Customer Service on March 18, 2021. Posted in Public Companies.

DENVER, March 18, 2021 (GLOBE NEWSWIRE) — Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) is pleased to provide results from the ongoing drilling program at the Company’s 100% owned Mt Todd gold project (“Mt Todd” or the “Project”) located in Northern Territory, Australia.Highlights of Drill Holes VB20-005 and VB21-001 on Section 8435900 N and VB21-003 on Section 8435850 NConfirmed continuity of mineralization north of the Batman deposit, with mineralization coming to surface;Encountered a thicker than expected mineralized zone;Demonstrated the presence of a definable, higher-grade zone within the confines of the mineralized envelope; andIntersected veining, mineralogy and gold grades comparable to those found in the core zone of the Batman deposit, suggesting no material differences in metallurgical behavior.Frederick...

Swiss Water Reports 2020 Fourth Quarter and Year End Results

Written by Customer Service on March 18, 2021. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, March 18, 2021 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX– SWP) (“Swiss Water” or “the company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported financial results for the fourth quarter and year ended December 31, 2020.2020 Financial and Operational HighlightsThe company’s new Delta, B.C. production facility is operating well, and commercial shipments from this location continue to increase.Revenue increased by $0.3 million to $97.6 million for the year ended December 31, 2020. Fourth quarter revenue was $24.5 million, down 2% compared to Q4 2019.Fourth quarter EBITDA increased to $1.9 million from $1.5 million last year. EBITDA, excluding the impact of IFRS 16, was $1.2 million, up from $0.8 million in the fourth quarter of 2019.For the year...

Kaspien Closes $13.5 Million Bought Deal Offering of Common Stock

Written by Customer Service on March 18, 2021. Posted in Public Companies.

SPOKANE, Wash., March 18, 2021 (GLOBE NEWSWIRE) — Kaspien Holdings Inc. (Nasdaq: KSPN) (the “Company”), today announced the closing of an underwritten offering of 416,600 shares of common stock of the Company, at a price to the public of $32.50 per share. The gross proceeds of the offering were approximately $13.5 million, prior to deducting underwriting discounts and commissions and estimated offering expenses. The Company intends to use the net proceeds from this offering for general corporate purposes, including working capital to implement its strategic plans focused on brand acquisition, investments in technology to enhance its scalable platform and its core retail business.Aegis Capital Corp. acted as the sole book-running manager for the offering.The shares of common stock described above were offered by Kaspien Holdings...

HighPoint Resources Announces Prepackaged Plan Confirmed By Court

Written by Customer Service on March 18, 2021. Posted in Public Companies.

DENVER, March 18, 2021 (GLOBE NEWSWIRE) — HighPoint Resources Corporation (NYSE: HPR) (“HighPoint” or the “Company”) today announced that on March 18, 2021, the United States Bankruptcy Court for the District of Delaware confirmed the Company’s previously announced prepackaged plan of reorganization (the “Prepackaged Plan”) and entered a written order to this effect. The Prepackaged Plan implements the merger and restructuring transactions pursuant to the Agreement and Plan of Merger, dated as of November 9, 2020, by and among Bonanza Creek Energy, Inc. (“Bonanza Creek”), HighPoint and Boron Merger Sub, Inc. (the “Merger Agreement”), and the Transaction Support Agreement, dated as of November 9, 2020, by and among HighPoint, HighPoint Operating Corporation, Fifth Pocket Production, LLC,...

Honey Badger Silver Closes $3 Million Over-Subscribed Non-Brokered Private Placement Anchored by Eric Sprott

Written by Customer Service on March 18, 2021. Posted in Public Companies.

TORONTO, March 18, 2021 (GLOBE NEWSWIRE) — Honey Badger Silver Inc. (TSX-V: TUF) (“Honey Badger Silver” or the “Company”) is pleased to announce that it has closed the non-brokered private placement offering (the “Private Placement” or the “Financing”) announced on February 18, 2021. The over-subscribed private placement resulted in the issuance of 42.86 million units for aggregate gross proceeds of $3,000,000.Each Unit was priced at $0.07 and consists of one (1) common share in the capital of the Company (“Common Share”) and one-half of one (0.5) Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to acquire one (1) additional Common Share at a price of $0.10 for a period of three years from the date of closing of the Financing.Mr. Eric Sprott through 2176423 Ontario Ltd., a corporation...

Day: March 18, 2021

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