Day: April 30, 2021

DENVER and TORONTO, April 29, 2021 (GLOBE NEWSWIRE) — MJardin Group, Inc. (“MJardin” or the “Company”) (CSE: MJAR) (OTCQX: MJARF), a leader in premium cannabis production, today announced that it has reached an agreement with Harvest Health & Recreation Inc. (“Harvest”) (CSE: HARV, OTCQX:HRVSF) for final settlement and reduction of the previously disclosed final payment relating to the December 2019 sale of MJardin’s Cheyenne facility to Harvest (the “Transaction”) for the amount of US$4.25 million. In accordance with the requirements of the Company’s existing credit facility, the Company shall cause certain of its subsidiaries to use the Canadian dollar equivalent of this final US$4.25 million payment to repay a portion of the accrued interest owing from such subsidiaries to the Company’s senior lender. In connection with...

TORONTO, April 29, 2021 (GLOBE NEWSWIRE) — Noranda Income Fund (TSX: NIF.UN) (the “Fund”) today reported its financial results for the first quarter ended March 31, 2021. The Fund also provided an update on the terms under which zinc concentrate will be purchased and zinc metal will be sold for the period of May 1, 2021, to April 30, 2022. Except where otherwise indicated, all amounts in this press release are expressed in US dollars. First Quarter 2021 Highlights (compared to same period in 2020)Earnings before income taxes of $11.0 million compared to $11.5 million Adjusted EBITDA1 of $9.5 million compared to $17.2 million Zinc metal production of 66,345 tonnes compared to 67,425 tonnes Zinc metal sales of 66,277 tonnes compared to 68,059 tonnes Sulphuric acid sales of 93,574 tonnes compared to 97,880 tonnes“Lower treatment...

MCCALL, Idaho, April 29, 2021 (GLOBE NEWSWIRE) — Today Idaho First Bank (the ‘Bank’) (OTC: IDFB) announced unaudited financial results for the first quarter of 2021, and the planned retirement of CEO Greg Lovell. Lovell founded the bank in 2005, and his retirement is part of a detailed executive succession plan. Outgoing CEO Lovell stated, “The strong Q1 financial performance was driven by earnings generated through our participation in the Paycheck Protection Program (PPP) under the CARES Act, and strong growth in earning assets.” He further indicated, “The year-over-year growth of our balance sheet reflects the financial strength of our markets, our expansion into 3 new markets over the last 18 months, and the great work our talented team does by putting People First.” Chairman Mark Miller commented, “We have experienced strong...