Day: April 21, 2021

NorthWestern Reports First Quarter 2021 Financial Results

BUTTE, Mont. and SIOUX FALLS, S.D., April 21, 2021 (GLOBE NEWSWIRE) — NorthWestern Corporation d/b/a NorthWestern Energy (Nasdaq: NWE) reported financial results for the three months ended March 31, 2021. Net income for the period was $63.1 million, or $1.24 per diluted share, as compared with net income of $50.7 million, or $1.00 per diluted share, for the same period in 2020. This increase was primarily due to improved gross margin from colder winter weather and lower operating costs, partly offset by higher Montana electric supply costs and depreciation expense, and lower income tax benefit. “First quarter operating and financial results were solid and a great start to a new year,” said Bob Rowe, Chief Executive Officer. “The February extreme cold weather event that that hammered much of the country once again highlighted...

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DraftKings Announces Jason Robins’ Participation in Upcoming Virtual Event

BOSTON, April 21, 2021 (GLOBE NEWSWIRE) — DraftKings Inc. (Nasdaq: DKNG) today announced that Jason Robins, co-founder, Chief Executive Officer and Chairman of the Board, will participate in the following event: University of Miami Herbert Business School Knight Venture Leader Lecture Series on April 22, 2021. The keynote is scheduled for 5:00 PM ET Registration, and the live video and audio portions of the Knight Venture Leader Lecture keynote, can be accessed at the conference website. About DraftKings DraftKings Inc. is a digital sports entertainment and gaming company created to fuel the competitive spirit of sports fans with products that range across daily fantasy, regulated gaming and digital media. Headquartered in Boston, and launched in 2012 by Jason Robins, Matt Kalish and Paul Liberman, DraftKings is the only U.S.-based...

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Saniona Updates Tesomet Clinical Development Timelines Based on Manufacturing Feedback from U.S. FDA

PRESS RELEASE April 22, 2021 Saniona (OMX: SANION), a clinical stage biopharmaceutical company focused on rare diseases, today announced that it received feedback from the U.S. Food and Drug Administration (FDA) regarding its proposed chemistry, manufacturing and controls (CMC) plans for Tesomet. In preparation for Phase 2b through Phase 3 clinical trials and eventual commercialization, Saniona has undertaken multiple steps to optimize Tesomet, including transitioning from tablets to capsules. The company requested FDA feedback, and the FDA agreed with the company’s proposal but requested additional information regarding Tesomet manufacturing. Saniona anticipates that addressing these requests will delay the start of the Phase 2b trials of Tesomet for Prader-Willi syndrome (PWS) and hypothalamic obesity (HO) into the second half of 2021. Tesomet...

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Saniona uppdaterar tidsplanerna för den kliniska utvecklingen av Tesomet baserat på besked om tillverkningen från FDA

PRESSMEDDELANDE 22 april 2021 Saniona (OMX: SANION), ett biofarmaceutiskt företag med klinisk utveckling fokuserad på sällsynta sjukdomar, meddelar idag att ett besked mottagits från det amerikanska läkemedelsverket FDA om bolagets föreslagna planer för Tesomet avseende kemi, tillverkning och kontroll (CMC). Som förberedelse för kliniska Fas 2- och Fas 3-studier och senare kommersialisering har Saniona vidtagit ett antal åtgärder för att optimera Tesomet, vilket inbegriper en övergång från tablett till kapsel. Bolaget har anhållit om återkoppling från FDA, och myndigheten uttryckte sitt stöd för bolagets planer men begärde kompletterande information om tillverkningen av Tesomet. Saniona bedömer att behandlingen av denna begäran kommer att innebära att starten för Fas 2b-studierna med Tesomet för Prader-Willis syndrom (PWS) och hypotalamisk...

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Pulse Seismic Inc. Reports Q1 2021 Results

CALGARY, Alberta, April 21, 2021 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or “the Company”) is pleased to report its financial and operating results for the three months ended March 31, 2021. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR (www.sedar.com) and will be available on Pulse’s website at www.pulseseismic.com. HIGHLIGHTS FOR THE THREE MONTHS ENDED MARCH 31, 2021 Total revenue was $4.8 million compared to $2.3 million for the three months ended March 31, 2020;  Net earnings were $33,000 ($0.00 per share basic and diluted) compared to a net loss of $2.8 million ($0.05 per share basic and diluted) in the first quarter of 2020;  Cash EBITDA was $3.6 million ($0.07 per share basic and diluted) compared to $1.1 million...

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Canacol Energy Ltd. Announces Prospective Resources Report for Two Shale Oil Blocks in the Middle Magdalena Basin, Colombia

CALGARY, Alberta, April 21, 2021 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to announce the results of an independent prospective resources evaluation of the Corporation’s VMM 2 and VMM 3 blocks, prepared by Boury Global Energy Consultants Ltd. (“BGEC”), effective March 31, 2021 (the “BGEC Report”). For the deep Cretaceous interval, specifically the La Luna and the Tablazo Formations, the Corporation has 20% working interest in VMM 2 and 20% working interest in VMM 3. The two blocks in aggregate consist of 156,367 and 31,273 gross and net acres, respectively, in the Middle Magdalena Basin, Colombia. The evaluation includes estimates of the Corporation’s risked and un-risked prospective resources. Mr. Charle Gamba, President & CEO...

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Vinci Partners Announces First Quarter 2021 Earnings Conference Call

RIO DE JANEIRO, Brazil, April 21, 2021 (GLOBE NEWSWIRE) — Vinci Partners Investments Ltd. (NASDAQ: VINP)(“Vinci Partners”), the controlling company of a leading alternative investment platform in Brazil, announced today that it will host its first quarter 2021 earnings conference call on May 19, 2021 at 6:00 pm ET. Webcast and Earnings Conference Call To listen to the conference call via public webcast, please visit the ‘Events & Presentations’ section of the Company’s website at https://ir.vincipartners.com/news-and-events/events-and-presentations. For those unable to listen to the live broadcast, there will be a webcast replay on the same section of the website. The conference call can also be accessed by dialing the following: (833) 665-0595 (Domestic) (661) 407-1609 (International) Conference ID: 8177839 About...

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Canacol Energy Ltd. Announces 5.7 TCF of Gross Mean Un-risked Prospective Conventional Natural Gas Resources in Colombia

CALGARY, Alberta, April 21, 2021 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) is pleased to report on the conventional natural gas prospective resources (resources other than reserves, “ROTR”) for its Esperanza, VIM‐21, VIM‐5, VIM‐19, VIM-33, VIM-44 and SSJN-7 exploration blocks located in the Lower Magdalena Valley basin, and VMM-45, VMM-47 and VMM-49 exploration blocks located in the Middle Magdalena Valley basin of Colombia. Prospective resources are based on a new independent resources audit prepared by Gaffney, Cline & Associates (“GaffneyCline”), effective December 31, 2020 (the “GaffneyCline Report”). Canacol is a natural gas focused exploration and production company, and the largest independent gas producer in Colombia. Canacol Energy Ltd. Gross Prospective...

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Canacol Energy Ltd. Announces 5.7 TCF of Gross Mean Un-risked Prospective Conventional Natural Gas Resources in Colombia

CALGARY, Alberta, April 21, 2021 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) is pleased to report on the conventional natural gas prospective resources (resources other than reserves, “ROTR”) for its Esperanza, VIM‐21, VIM‐5, VIM‐19, VIM-33, VIM-44 and SSJN-7 exploration blocks located in the Lower Magdalena Valley basin, and VMM-45, VMM-47 and VMM-49 exploration blocks located in the Middle Magdalena Valley basin of Colombia. Prospective resources are based on a new independent resources audit prepared by Gaffney, Cline & Associates (“GaffneyCline”), effective December 31, 2020 (the “GaffneyCline Report”). Canacol is a natural gas focused exploration and production company, and the largest independent gas producer in Colombia. Canacol Energy Ltd. Gross Prospective...

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Great Southern Bancorp, Inc. Reports Preliminary First Quarter Earnings of $1.36 Per Diluted Common Share

Preliminary Financial Results and Other Matters for the Quarter Ended March 31, 2021: CECL Adoption: Effective January 1, 2021, Great Southern Bancorp, Inc. (the Company) adopted the Current Expected Credit Loss (CECL) accounting standard. The Company’s financial statements for periods prior to January 1, 2021, were prepared under the previous incurred loss accounting standard. The adoption of the CECL accounting standard during the first quarter of 2021 required us to recognize a one-time cumulative adjustment to our allowance for credit losses and a liability for potential losses related to the unfunded portion of our loans and commitments in order to fully transition from the incurred loss model to the CECL model. With the adoption of the CECL standard, we increased the balance of our allowance for credit losses related to outstanding...

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