Month: April 2021

VANCOUVER, British Columbia, April 08, 2021 (GLOBE NEWSWIRE) — Ultra Resources Inc. (TSX-V: ULT) (“Ultra Resources” or the “Company”) is pleased to announce that it has closed a non-brokered private placement of 9,438,250 units at $0.11 per unit for total gross proceeds of $1,038,208. Each Unit is comprised of one common share and one-half non-transferable common share purchase warrant (“Warrant”). Each whole Warrant will entitle the holder to purchase an additional common share of the Company at an exercise price of $0.20 per share for a period of one year from closing of the private placement provided that if the closing price of the common shares of the Company on any stock exchange or quotation system on which the common shares are then listed or quoted is equal to or greater than Cdn $0.25 for a period of ten (10)...

VANCOUVER, British Columbia, April 08, 2021 (GLOBE NEWSWIRE) — Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) (“Pure Extracts” or the “Company”) is pleased to announce the signing of a Letter of Intent (“LOI”) with the affiliate of a publicly traded multi-state operator (MSO) to form a Joint Venture (the “JV”) to install a cannabis and hemp extraction system in an existing Michigan facility. This MSO has a long history of success in Oregon offering a family of products including sun-grown and indoor premium flower, along with patented nitro sealed indoor and sun-grown pre-rolls and jars. These products are also grown and packaged in Michigan for retail sale in over 100+ dispensaries throughout the state. Pure Extracts is a plant-based extraction company focused on cannabis, hemp, functional mushrooms, and...

— Strong Cost Control Contributes to Increase in Cash Balance — — SaaS Represented 54% of 2020 Revenue, Driving Gross Margin Expansion to 68% — — Company Expects Launch Partners to Deploy Actionable Intelligence Software in Q2 — CALGARY, Alberta, April 07, 2021 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today reported financial results for the fourth quarter and full year ended December 31, 2020. “We are encouraged by recent trends for short-haul travel and cargo activity in the current environment and are relieved to have 2020 behind us,” said Bill Tempany, CEO. “While it was a challenging year for FLYHT and the commercial aviation industry, we feel that we have weathered the storm relatively well. Given that we serve a client base...

Moyenne de 300 000 oz Au pour les sept premières années de production complètes TRI après impôt de 39,3% et VAN après impôt de 1,5 milliard $CA à un prix de l’or de 1500$ US/oz et 18 années de durée de vie de la mine («LOM») Flux de trésorerie annuel moyen après impôt de 253 M$ CA pour les sept premières années de production complètes TORONTO, 07 avr. 2021 (GLOBE NEWSWIRE) — Minière Osisko Inc. (OSK: TSX, «Osisko» ou la «Société») a le plaisir d’annoncer les résultats significatifs et positifs de l’Étude Économique Préliminaire indépendante («EEP») préparée conformément au Règlement 43-101 sur l’information concernant les projets miniers («43-101») pour le gîte aurifère Windfall de calibre mondial, entièrement détenu par la Société et situé dans la ceinture de roches vertes de l’Abitibi, dans le canton d’Urban, Eeyou Istchee Baie-James,...

SAN DIEGO, April 07, 2021 (GLOBE NEWSWIRE) — Otonomy, Inc. (Nasdaq: OTIC), a biopharmaceutical company dedicated to the development of innovative therapeutics for neurotology, today announced the pricing of an underwritten public offering of 6,288,890 shares of its common stock at a price to the public of $2.25 per share and, to certain investors in lieu of common stock, pre-funded warrants to purchase up to an aggregate of 7,111,110 shares of its common stock at a purchase price of $2.249 per each pre-funded warrant, which represents the per share public offering price for the common stock less the $0.001 per share exercise price for each such pre-funded warrant. The aggregate gross proceeds from this offering are expected to be approximately $30.1 million, before deducting underwriting discounts and commissions and other offering...

RANCHO CUCAMONGA, Calif., April 07, 2021 (GLOBE NEWSWIRE) — AGent Information Software (AIFS), the parent company of Auto-Graphics, Inc. (A-G), released 2020 year-end financials today. In the year ending December 31, 2020, AIFS continued strengthening its financial position, despite the challenges of the COVID-19 pandemic. AIFS reported a net income of $408,667, with EBITDA representing 21% of sales at year-end. Continued growth of the company’s recurring revenue base saw an increase from $5,030,056 in 2019 to $5,222,595 in 2020. AIFS reported EPS of $0.09 on weighted average shares outstanding $4,484,577. AIFS declared a dividend of $0.03 per share in June 2020. SHAREit, Auto-Graphics enterprise class system, continued to grow in North America with the State Library of Florida – Florida Library Information Network (FLIN) selection...

SAN DIEGO, April 07, 2021 (GLOBE NEWSWIRE) — Maravai LifeSciences Holdings, Inc. (Maravai) (NASDAQ: MRVI), a global provider of life science reagents and services to researchers and biotech innovators, today announced the pricing of an upsized public offering of 18,000,000 shares of Maravai’s Class A common stock by certain selling stockholders that was previously announced, at a public offering price of $31.25 per share. The offering was upsized by 3,000,000 shares of Maravai’s Class A common stock from what was previously announced. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 2,700,000 shares of Maravai’s Class A common stock, which was upsized from 2,250,000 shares of Maravai’s Class A common stock. The offering is expected to close on April 12, 2021, subject...

VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) — Pender Growth Fund Inc. (the “Company” or “Pender”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) for the potential acquisition (the “Proposed Transaction”) of all of the issued and outstanding shares of the Working Opportunity Fund (EVCC) Ltd. (“WOF”) in exchange for cash consideration pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia). As a steadfast investor in private companies in the BC technology sector since 2000, Pender believes that long-term committed capital is a key requirement for building a strong local tech sector. Since 1993, WOF has also been a key supporter of the BC technology industry, providing patient...

VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) — (TSXV: PTF) Pender Growth Fund Inc. (the “Company”) today announced its financial and operational results for the year ended December 31, 2020. Financial HighlightsNet income was $14,475,473 for the year ended December 31, 2020 (December 31, 2019 – $2,062,881) as a result of investment performance in the year. Net income per Share for the year ended December 31, 2020 was $1.84 (December 31, 2019 – $0.31). Net assets per Class C common share (“Share”) were $6.11 as at December 31, 2020 (December 31, 2019 – $4.19). The Company’s net assets were $47.3 million as at December 31, 2020 (December 31, 2019 – $33.8 million) reflecting positive investment performance. Shares outstanding were 7,740,129 (December 31, 2019 – 8,083,329), a decrease from December 31,...

HONG KONG, April 07, 2021 (GLOBE NEWSWIRE) — Model Performance Acquisition Corp. (NASDAQ: MPACU) (“Model Performance Acquisition Corp.” or the “Company”) announced the pricing of its initial public offering of 5,000,000 units at a price of $10.00 per unit. The units are expected to be listed on The NASDAQ Capital Market (“NASDAQ”) and trade under the ticker symbol “MPACU” beginning April 8, 2021. Each unit consists of one Class A ordinary share, one half of one redeemable warrant, and one right to receive one-tenth of one Class A ordinary share upon the consummation of the Company’s initial business combination. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading,...