Month: April 2021

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 28, 2021 (GLOBE NEWSWIRE) — Anaconda Mining Inc. (“Anaconda” or the “Company”) (TSX: ANX) (OTCQX: ANXGF) is pleased to announce that it has entered into an agreement with Raymond James Ltd. (“Raymond James”) for a marketed offering of up to $6.0 million by way of private placement of flow-through common shares (“FT Shares”) in the capital of the Company (the “Offering”). The FT Shares will be issued as “flow-through shares” with respect to “Canadian exploration expenses” within the meaning of the Income Tax Act (Canada). Up to 7,228,916 FT Shares will be offered under the Offering at a price of $0.83 per FT Share. There can be no assurance as to whether or when the Offering may be completed,...

TORONTO, April 28, 2021 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) today announces that it has completed a USD $2,500,000 investment in the socially-responsible beauty services brand, MiniLuxe. Through its brand platform of clean beauty products and services, MiniLuxe exists to provide self-care for everyone, anywhere at any time. Through 2+ million nail care services, MiniLuxe has set the industry standard for the most used and least-regulated beauty service with health, hygiene, and fair labor practices. Bridging technology with experiential design across an omni-platform, the company’s vision is to become the world’s leading ethical nail-care brand and to continue to empower its diverse community of nail designers, who represent the largest independent female workforce. Building off its talent platform in providing training,...

IRVING, Texas, April 28, 2021 (GLOBE NEWSWIRE) — Forterra, Inc. (“Forterra” or “the Company”) (NASDAQ: FRTA), a leading manufacturer of water and drainage infrastructure pipe and products in the United States and Eastern Canada, today announced results for the quarter ended March 31, 2021. First Quarter 2021 HighlightsIncreased net sales by 11.2% to $368.1 million as compared to $330.9 million in the prior year quarter Increased gross profit by 40.0% to $82.3 million as compared to $58.8 million in the prior year quarter; gross profit margin improved by more than 450 basis points year-over-year Net income for the quarter was $18.7 million, compared to a net loss of $14.1 million in the prior year quarter Adjusted EBITDA1 increased by 61.1% to $57.2 million as compared to $35.5 million in the prior year quarter; adjusted EBITDA...

LEXINGTON, Mass., April 28, 2021 (GLOBE NEWSWIRE) — Agenus (NASDAQ: AGEN), an immuno-oncology company with an extensive pipeline of checkpoint antibodies, cell therapies, adjuvants, and vaccines designed to activate immune response to cancers and infections, today announced that it will give two presentations at the 2021 American Society for Clinical Oncology (ASCO) Annual Meeting poster sessions. The ASCO meeting will be held from June 4 – 8, 2021. Presentation Details: Abstract title: Differentiated activity profile for the PD-1 inhibitor balstilimabAbstract number: 5529Poster Session: Gynecologic CancerPresenting author: Cailin Joyce, PhD Abstract title: Initial findings of the first-in-human Phase I study of AGEN2373, a conditionally active CD137 agonist antibody, in patients (pts) with advanced solid tumors Abstract number:...

TORONTO, April 28, 2021 (GLOBE NEWSWIRE) — CF Energy Corp., (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), an energy provider in the People’s Republic of China (the ”PRC” or “China”), announces that the Company has filed its audited consolidated financial results for the year ended December 31, 2020. Results for the year ended December 31, 2020In millions 2020   2019   Change   % 2020   2019   Change   %(except for % figures) RMB   RMB   RMB     CAD   CAD   CAD    Revenue 368.2   438.0   (69.8 ) -16 % 71.6   84.2   (12.6 ) -15 %Gross Profit 140.1   174.7   (34.6 ) -20 % 27.2   33.6   (6.4 ) -19 %Gross Profit Margin 38.1 % 39.9 % -1.8 %   38.1 % 39.9 % -1.8 %  Net Profit 45.6   47.2   (1.6 ) -3 % 8.9   9.1   (0.2 ) -2 %Adjusted net Profit 36.2   45.8   (9.6 ) -21 % 7.2   8.9   (1.7 ) -19 %EBITDA 91.5   96.4   (4.9 ) -5 % 17.7   18.4   (0.7 ) -4 %Adjusted...

NEW YORK, April 28, 2021 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) announced today that it will host a conference call to review Apollo’s financial results on Tuesday, May 04, 2021 at 8:30 a.m. EST as previously stated. The Company has amended the timing of releasing its first quarter 2021 results to Tuesday, May 04, 2021 at 7 a.m. EST. The conference call may be accessed by dialing (833) 614-1406 (U.S. domestic) or +1 (914) 987-7127 (international), and providing conference call ID 5576528 when prompted by the operator. The number should be dialed at least ten minutes prior to the start of the call. A simultaneous webcast of the conference call will be available to the public on a listen-only basis and can be accessed through the Stockholders section of...

HOUSTON, April 28, 2021 (GLOBE NEWSWIRE) — Oil States International, Inc. (NYSE: OIS) reported a net loss of $15.8 million, or $0.26 per share, for the first quarter of 2021, which included non-cash fixed asset impairment charges of $0.7 million ($0.5 million after-tax, or $0.01 per share), severance and restructuring charges of $3.4 million ($2.7 million after-tax, or $0.04 per share) and non-cash gains on extinguishment of convertible senior notes of $3.6 million ($2.9 million after-tax, or $0.05 per share). During the first quarter of 2021, the Company generated revenues of $125.6 million and Adjusted Consolidated EBITDA (Note A) of $6.1 million (excluding $3.4 million of severance and restructuring charges). These results compare to revenues of $137.4 million and Adjusted Consolidated EBITDA of $2.2 million reported in the...

SINGAPORE, April 28, 2021 (GLOBE NEWSWIRE) — Triterras Inc. (Nasdaq: TRIT, TRITW) (“Triterras” or the “Company”), a leading fintech company for trade and trade finance, has appointed Yong-Moon Kim, Jayapal Ramasamy and Lilian Koh to the board of directors, effective immediately, replacing Directors Matthew Richards and Vanessa Slowey who resigned. With these changes, the Triterras Board of Directors expands to eight total members, five of whom are independent.   All three new directors will be independent. “On behalf of the entire organization, I would like to welcome Mr. Kim, Mr. Jayapal, and Ms. Koh to our Board of Directors,” said Srinivas Koneru, Chairman and CEO of Triterras. “All three individuals bring unique and valuable experiences to our company and we look forward to benefitting from their collective insights and extraordinary...

NEWMARKET, Ontario, April 28, 2021 (GLOBE NEWSWIRE) — AirBoss of America Corp. (TSX: BOS) (the “Company” or “AirBoss”) today announced that it has amended its senior secured revolving credit facilities to increase its credit availability from US$60 million to US$150 million on substantially the same terms, conditions and maturity as its current credit facilities. The increased facilities are intended to cover upfront costs necessary to execute on the Company’s purchase order expected to be worth up to US$288 million to supply the U.S. Department for Health and Human Services (HHS) – Office of the Assistant Secretary for Preparedness and Response (ASPR) with nitrile patient examination gloves. There are no other substantive changes to the Company’s credit facilities. The syndicate of lenders will continue...

Sales of $598 million, down two percent from the prior-year quarter Net income of $41 million, or $0.66 per diluted share Income from continuing operations of $43 million, or $0.69 per diluted share Adjusted income from continuing operations excluding intangibles amortization expense of $64 million, or $1.05 per diluted share Adjusted EBITDA of $134 million Cash flows provided by operating activities of $64 million; free cash flows of $40 millionWILMINGTON, Del., April 28, 2021 (GLOBE NEWSWIRE) — Ashland Global Holdings Inc. (NYSE: ASH) today announced preliminary1 financial results for the second quarter of fiscal year 2021, which ended March 31, 2021. The global specialty materials company serves customers in a wide range of consumer and industrial markets. Ashland’s financial results during the quarter reflected execution...