Month: March 2021

Newport Beach, March 31, 2021 (GLOBE NEWSWIRE) —  Pacific Health Care Organization, Inc., (the “Company”) (OTCQB: PFHO) today filed with the Securities and Exchange Commission (the “Commission”) its annual report on Form 10-K announcing financial results for the fiscal year ended December 31, 2020. Results The Company reported total revenue of $6,042,718 for the year ended December 31, 2020, compared to $7,330,940 for the year ended December 31, 2019. The Company reported net income of $549,570 or $0.04 per basic and fully diluted shares for the year ended December 31, 2020, compared to net income of $1,198,060 or $0.09 per basic and fully diluted share for the year ended December 31, 2019. Net cash provided by operating activities was $987,441 during the year ended December 31, 2020, compared to $1,090,825 for the same period in...

MINNEAPOLIS, March 31, 2021 (GLOBE NEWSWIRE) — Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and minimally invasive solutions for patients with obstructive sleep apnea, today announced receipt of U.S. Food and Drug Administration (“FDA”) approval for the new Inspire physician programmer platform. The most significant enhancement associated with this approval is the new telemetry cable which enables Bluetooth® connectivity to the programmer tablet. “In addition to the recently announced approval for the Inspire two-incision procedure, the launch of our new physician programmer platform further demonstrates our long-term commitment to patients through Inspire’s continued investment in our innovative technologies,” said...

VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or the “Company”) is pleased to announce that Mr. Tim Baker has joined the Company as a member of the Board of Directors.    Mr. Baker has a B.Sc. in Geology from Edinburgh University and has substantial experience in operating international mines and projects. He was Executive Vice President and Chief Operating Officer of Kinross Gold Corporation prior to retiring in 2010. Prior to joining Kinross, he was with Placer Dome, where he held several key roles including Executive General Manager of Placer Dome Chile, Executive General Manager of Placer Dome Tanzania and Senior Vice President of the copper producing Compañia Minera Zaldivar. Mr. Baker is currently Chair of Golden Star Resources, a director of Sherritt International...

LA JOLLA, Calif., March 31, 2021 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or the “Company”) today announced that through its wholly-owned subsidiaries, Palomar Specialty Insurance Company (“Palomar Specialty”) and Palomar Excess and Surplus Insurance Company (“PESIC”), the Company has successfully closed a $400 million 144A catastrophe bond completed through Torrey Pines Re Pte. Ltd. (“Torrey Pines Re”). Palomar entered into a multi-year reinsurance arrangement with Torrey Pines Re, a special purpose insurer established in Singapore whereby Torrey Pines Re provides Palomar with indemnity-based reinsurance covering earthquake events. The catastrophe bond was designed to seamlessly fit into Palomar’s existing traditional catastrophe reinsurance program. Torrey Pines Re issued two tranches of notes as part...

SANTA CLARA, Calif., March 31, 2021 (GLOBE NEWSWIRE) — Applied Materials, Inc. will host its 2021 Investor Meeting this coming Tuesday, April 6. Company leaders will detail plans and unique capabilities designed to help customers accelerate their technology roadmaps and growth in the AI era. The meeting will detail innovative solutions Applied is developing and delivering to drive continued improvements in the power, performance, area-cost and time to market (PPACt) of semiconductors and systems as traditional Moore’s Law 2D scaling slows. The company will also provide updates on its financial outlook and key initiatives including its environmental, social and governance (ESG) programs. The meeting will feature presentations from company executives along with insights from many of Applied’s leading customers and partners. Presenters:Gary...

LAS VEGAS, March 31, 2021 (GLOBE NEWSWIRE) — Full House Resorts, Inc. (Nasdaq: FLL) announced today that it has entered into an agreement for a five-year, senior secured revolving credit facility. The $15.0 million credit facility may be used for working capital, letters of credit, and other ongoing general purposes. Until the completion of the Company’s Chamonix project in Cripple Creek, Colorado, the interest rate per annum applicable to loans under the credit facility will be, at the Company’s option, either (i) LIBOR plus a margin equal to 3.50%, or (ii) a base rate plus a margin equal to 2.50%. After completion of Chamonix (as defined in the credit agreement), the interest rate per annum applicable to loans under the credit facility reduces to, at the Company’s option, either (i) LIBOR plus a margin equal to 3.00%, or (ii) a...

WEST JORDAN, Utah, March 31, 2021 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) today announced financial results for the thirteen and fifty-two weeks ended January 30, 2021. “Sportsman’s Warehouse finished fiscal 2020 with record performance for the fourth quarter and full year. I am proud of our associates who made tremendous efforts to safely serve our customers,” said Jon Barker, Sportsman’s Warehouse CEO. “Fourth quarter same store sales increased 58% compared to the same period last year due to an exceptionally strong holiday season, elevated participation in outdoor activities, and our continued market share gains in firearms. For fiscal year 2020, we grew same store sales by 48% compared to the prior year as we capitalized on historic...