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Month: April 2021

Meritage Reports First Quarter 2021 Results; Robust Sales And Earnings Growth

GRAND RAPIDS, Mich., April 15, 2021 (GLOBE NEWSWIRE) — Meritage Hospitality Group Inc. (OTCQX: MHGU), the nation’s premier franchise operator, today reported financial results for the first quarter ended April 4, 2021. First Quarter HighlightsSales increased 13.6% to a record $133.8 million compared to $117.8 million for the same period last year. Earnings from Operations increased significantly to $6.3 million compared to a Loss from Operations of $0.2 million for the same period last year. Net Earnings increased significantly to $4.9 million from a Net Loss of $3.7 million for the same period last year. Consolidated EBITDA (a non-GAAP measure) increased 176.2% to $12.4 million compared to $4.5 million for the same period last year. Common Stock Dividends issued in the first quarter increased 14.3% to $0.08 per share.“I am...

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Royalty Pharma Declares Second-Quarter 2021 Dividend

NEW YORK, April 15, 2021 (GLOBE NEWSWIRE) — The board of directors of Royalty Pharma plc (Nasdaq: RPRX) has approved the payment of a dividend for the second quarter of 2021 of $0.17 per class A share. The dividend will be paid on June 15, 2021, to shareholders of record at the close of business on May 20, 2021. About Royalty Pharma plc Founded in 1996, Royalty Pharma is the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry, collaborating with innovators from academic institutions, research hospitals and not-for-profits through small and mid-cap biotechnology companies to leading global pharmaceutical companies. Royalty Pharma has assembled a portfolio of royalties which entitles it to payments based directly on the top-line sales of many of the industry’s leading...

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Marijuana Company of America Reports Full Year 2020 Financial Results

Revenue was $280.7k in 2020 vs $695k in 2019 – decrease of 59.6% Gross Profit decreased from $249k in 2019 to $159.3k in 2020 Gross Margin 64.2% 2019 vs 43.2% in 2020 Operating expenses decreased from $6.9mil in 2019 to $4.8mil in 2020 Total assets to over $2.1million – increased by 84.2% from 2019 to 2020. Total liabilities decreased by 35.6% from 2019 to 2020. Stockholder’s deficit improved by 48.5% from 2019 to 2020ESCONDIDO, Calif., April 15, 2021 (GLOBE NEWSWIRE) — MARIJUANA COMPANY OF AMERICA INC. (“MCOA” or the “Company”) (OTC: MCOA), an innovative hemp and cannabis corporation announced today the financial results for the year ended December 31, 2020, as reported in its annual report on Form 10-K. Here are some of the notable highlights for the FY2020: Total revenues of hempSMART products were $280,653, for the...

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Carl’s Jr. & Beyond Meat® Partner for First-Ever Plant-Based Meat Menu Takeover

LA Location Goes Beyond on Earth Day April 22 with an all Beyond Meat Menu, Free For All Not in LA? Don’t be Green with Envy, Go Beyond at all Carl’s Jr. Locations Nationwide with $5 Burger Offer EL SEGUNDO, Calif., April 15, 2021 (GLOBE NEWSWIRE) — Carl’s Jr.®, known for feeding your happy, is inspiring fans to Go Beyond this Earth Day by hosting a one-of-a-kind, one day plant-based meat menu takeover at a local restaurant in Los Angeles. The store will Go Beyond for customers to stop by and try a complimentary eco-friendly Beyond Meat® item*. Fans of Carl’s Jr. and Beyond Meat who are not able to join the celebration in Los Angeles can enjoy any Beyond Burger® for five dollars via an email offer at participating Carl’s Jr. locations throughout the U.S. “We are excited to give our fans a fun, delicious way to celebrate Earth Day...

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Westhaven Drills 51.77 Metres of 4.22 g/t Gold and 46.42 g/t Silver, Including 27.85 Metres of 7.51 g/t Gold and 83.94 g/t Silver at Its Shovelnose Gold Property

VANCOUVER, British Columbia, April 15, 2021 (GLOBE NEWSWIRE) — Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce drill results from its ongoing drill campaign at its 17,623-hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt (SBGB), which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia. Recent Highlights:SNR21-01 (South Zone: 180.23-232.00m) 51.77 metres (m) of 4.22 g/t gold (Au) and 46.42 g/t silver (Ag), including 27.85m of 7.51 g/t Au and 83.94 g/t Ag.Gareth Thomas, President & CEO of Westhaven Gold, states: “In mid-February we began drilling at the South Zone with a view to completing an inaugural independent resource estimate by late 2021. Prior to the 2021 drilling, the South Zone had a low density of drilling having been drilled...

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Allied Corp Announces Production Results Showcasing Low Cost Per Gram, High Yield and Large Cannabinoid Percentages Positioning the Company for International Stage

KELOWNA, British Columbia, April 15, 2021 (GLOBE NEWSWIRE) — Allied Corp. (“Allied” or the “Company”) (OTCQB: ALID) an international medical company focused on creating and providing health solutions to address today’s medical mental health issues is pleased to share an analysis of the production data from its first harvests. Allied continues to harvest weekly and add to this data set and analysis. The following data are based upon actual harvest numbers that were collected at the Allied Production Center in Colombia. In addition to the increase in grams produced per square meter, the cannabinoid percentages showed an increase when produced in Colombia when compared to North America. In summary, the results showed an increased production yield, higher cannabinoid percentages, high quality and a low cost per gram production...

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CoreCivic Announces Closing of $450 Million 8.25% Senior Notes Due 2026

BRENTWOOD, Tenn., April 15, 2021 (GLOBE NEWSWIRE) — CoreCivic, Inc. (NYSE: CXW) (the “Company”) closed its offering of $450,000,000 aggregate principal amount of 8.25% senior unsecured notes due 2026 (the “Notes”) on April 14, 2021. The Notes were priced at 99.0% of face value and have an effective yield to maturity of 8.50%. The aggregate net proceeds from the sale of the Notes are expected to be approximately $435.1 million, after deducting the original issuance and underwriting discounts and estimated offering expenses. CoreCivic is using a significant amount of the net proceeds from the offering of the Notes (i) to redeem all $250 million principal amount of its outstanding 5.00% senior notes due 2022 (the “2022 Senior Notes”), which have been called for redemption on May 14, 2021 by a redemption notice issued on April...

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Helius Medical Technologies, Inc. to Present at the Planet MicroCap Showcase on April 21st

NEWTOWN, Pa., April 15, 2021 (GLOBE NEWSWIRE) — Helius Medical Technologies, Inc. (Nasdaq:HSDT) (TSX:HSM) (“Helius” or the “Company”), a neurotech company focused on neurological wellness, today announced that management will participate in the Planet MicroCap Showcase, which is being held virtually from April 20th-22nd. Management will present on Wednesday, April 21st at 8:30 a.m. Eastern Time. A live audio webcast of the conference presentation will be available under the ‘Events’ section of the Helius Medical Technologies investor relations website at https://heliusmedical.com/index.php/investor-relations/events/upcoming-events. An archive of the webcast will be available following the conference. About Helius Medical Technologies, Inc. Helius Medical Technologies is a neurotech company focused on neurological wellness. The Company’s...

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Progressive Reports March 2021 Results

MAYFIELD VILLAGE, OHIO, April 15, 2021 (GLOBE NEWSWIRE) — The Progressive Corporation (NYSE:PGR) today reported the following results for March and the first quarter of 2021:   March   Quarter    2021 2020 Change 2021 2020 Change(millions, except per share amounts and ratios; unaudited)                   Net premiums written $3,772.5 $2,860.8 32 % $11,729.1 $9,871.3 19 %Net premiums earned $3,269.9 $2,936.5 11 % $10,420.2 $9,430.7 10 %Net income $567.9 $318.6 78 % $1,480.0 $692.7 114 %Per share available to common shareholders $0.96 $0.54 79 % $2.51 $1.17 115 %Total pretax net realized gains (losses) on securities $348.7 $(329.1) (206) % $585.3 $(553.6) (206) %Combined ratio 90.7 77.1 13.6 pts. 89.3 86.9 2.4 pts.Average diluted equivalent common shares 586.6 587.0 0 % 586.9 586.9 0 %Note: Year-over-year...

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Global Water Resources Sets First Quarter 2021 Conference Call for Thursday, May 6, 2021 at 1:00 p.m. ET

PHOENIX, April 15, 2021 (GLOBE NEWSWIRE) — Global Water Resources, Inc. (NASDAQ: GWRS), (TSX: GWR), a pure-play water resource management company, will hold a conference call on Thursday, May 6, 2021 at 1:00 p.m. Eastern time to discuss results for the first quarter ended March 31, 2021. The financial results will be issued in a press release prior to the call. Global Water Resources management will host the presentation, followed by a question-and-answer period. Date: Thursday, May 6, 2021Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time)Toll-free dial-in number: 1-855-327-6837International dial-in number: 1-631-891-4304Conference ID: 10013969 The conference call will be webcast live and available for replay here as well as via a link in the Investors section of the company’s website at www.gwresources.com. Please call the...

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