Month: May 2021

Maxim Power Corp. Announces New Board Member, Receipt of the Line Loss Payment, AGM Election Results and Project Update

Maxim Power Corp. Announces New Board Member, Receipt of the Line Loss Payment, AGM Election Results and Project Update

CALGARY, Alberta, May 31, 2021 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation“) (TSX: MXG) announced today that the Corporation has received the third and final scheduled Line Loss Proceeding payment in the sum of $18.6 million from the Alberta Electric System Operator, relating to the years 2006 to 2009. The Corporation previously announced the receipt of $34.3 million for the first and second Line Loss payments, relating to the historical years 2010 to 2016, for a total of $52.9 million of payments received to date. Appointment of Mr. Michael Mayder to the Board of Directors MAXIM is pleased to announce the appointment of Mr. Michael Mayder to the Board of Directors of the Corporation, effective May 27, 2021. Mr. Mayder has over thirty years of finance, accounting and business development...

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<div>Victory Square Technologies Reports Record Fifth Consecutive Quarter With Positive Net Income & Earnings Per Share</div>

Victory Square Technologies Reports Record Fifth Consecutive Quarter With Positive Net Income & Earnings Per Share

During the three months ending March 31, 2021, the adjusted net income of the Company was $5,146,648. Adjusted basic earnings per share were $0.06 and diluted earnings per share were $0.05. VANCOUVER, British Columbia, May 31, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (“Victory Square” or the “Company”) (CSE:VST) (OTC:VSQTF) (FWB:6F6), a company that provides investors access to a diverse portfolio of next generation internet companies in key sectors including: the circular economy, digital health, gaming, blockchain, AR/VR, cybersecurity, and fintech, announces it has filed its condensed interim consolidated financial statements and Interim Management Discussion and Analysis (MD&A) for the three months ended March 31, 2021. “Q1 2021 was once again an excellent quarter for Victory Square in which...

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Fortuna and Roxgold Mail Management Information Circulars in Connection With Special Meetings to Approve Business Combination Creating a Global Precious Metals Producer

Fortuna and Roxgold Mail Management Information Circulars in Connection With Special Meetings to Approve Business Combination Creating a Global Precious Metals Producer

VANCOUVER, British Columbia, May 31, 2021 (GLOBE NEWSWIRE) — Fortuna Silver Mines Inc. (“Fortuna” or the “Company”) (NYSE: FSM) (TSX: FVI) and Roxgold Inc. (“Roxgold”) (TSX: ROXG) (OTCQX: ROGFF) have each filed and commenced mailing the management information circulars and related meeting materials for their respective shareholder meetings to be held on Monday, June 28, 2021 in connection with the proposed business combination between Fortuna and Roxgold announced on April 26, 2021, (the “Transaction”), as well as annual general meeting matters. To proactively deal with the ongoing public impact of the COVID-19 pandemic, and to mitigate risks to the health and safety of communities, shareholders, employees, directors and other stakeholders, the respective shareholder meetings will be held in a virtual-only format conducted by live...

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Results of the Shareholders Meeting of Geekco

Results of the Shareholders Meeting of Geekco

LAVAL, Québec, May 31, 2021 (GLOBE NEWSWIRE) — Geekco Technologies Corporation (the “Corporation” or “Geekco”) (TSX-V: GKO; OTCQB: GKOTF), is pleased to announce the results of its annual and special meeting of shareholders held on May 31, 2021. The shareholders approved, by a majority of votes, a resolution to elect the following directors: Sylvain Aird, Vincenzo Guzzo, Nadira Hajjar, Henri Harland and Daniel Perry. Also, the shareholders, by a majority of votes, proceeded with the appointment of Raymond Chabot Grant Thornton LLP as auditors of the Corporation, as well as approved the Corporation’s Amended Fixed Number Stock Option Plan and the amended quorum for meetings of the shareholders of the Corporation. The shareholders, including the disinterested shareholders, both by a majority of votes, approved the Corporation’s Fixed...

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Monument Reports Third Quarter Fiscal 2021 (“Q3 2021”) Results

Monument Reports Third Quarter Fiscal 2021 (“Q3 2021”) Results

Gross Revenue of $4.40 Million and Cash Cost of US1,315/Oz VANCOUVER, British Columbia, May 31, 2021 (GLOBE NEWSWIRE) — Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its third quarter production and financial results for the nine months ended March 31, 2021. All amounts are expressed in United States dollars (“US$”) unless otherwise indicated (refer to www.sedar.com for full financial results). President and CEO Cathy Zhai commented: “Q3 sets a milestone with Monument restructuring its asset portfolio to focus on gold development and production by spinning off the Mengapur base metal project. The proceeds of $30M has been received to advance gold portfolio. The market has reacted favorably to this move with trading volumes lifted in 2021 and the market capitalization raised significantly.” Ms....

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CF Energy Announces Q1 Results of 2021

CF Energy Announces Q1 Results of 2021

TORONTO, May 31, 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 unaudited condensed interim consolidated financial results for the three-month period ended March 31, 2021 (“Q1 2021”). Q1 2021 financial highlights Continuing Operations In millions Q1 2021 Q1 2020 Change % Q1 2021 Q1 2020 Change % (except for % figures) RMB RMB RMB   CAD CAD CAD   Continuing Operations                 Revenue                 81.2                 64.9                 16.3 25%                 15.9                 12.5                   3.4 28% Gross Profit             33.6             27.1                   6.5 24%               6.6              ...

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Terranueva Grants Options

Terranueva Grants Options

L’ASSOMPTION, Québec, May 31, 2021 (GLOBE NEWSWIRE) — The Board of Directors of Terranueva Corporation (CSE: TEQ) (“Terranueva” or the “Company”) announces the grant to its directors and officers of an aggregate of a total of 750,000 stock options to acquire the same number of common shares of the capital stock of the Corporation at an exercise price of $0.15 per share for a 5-year period. À PROPOS DE TERRANUEVA Terranueva relies on research and development, innovation and operational efficiency to become a major player in the emerging cannabis industry. Their goal is to provide the Canadian and international markets with premium quality medicinal and recreational cannabis. To achieve this goal, Terranueva is implementing a modular production approach that incorporates the latest advances and innovations...

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StorageVault Completes Previously Announced Purchase of Four Storage Assets for $32 Million

StorageVault Completes Previously Announced Purchase of Four Storage Assets for $32 Million

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX-V) is pleased to announce that, further to its March 3, 2021 and April 1, 2021 news releases, it has completed the acquisition of four stores, two located in Alberta and two in Saskatchewan (the “Acquisition”), for an aggregate purchase price of $32,000,000. The Acquisition was an arm’s length transaction. The purchase price for the Acquisition of $32,000,000, subject to customary adjustments, was paid for with funds on hand. StorageVault has now closed $103.8 million of transactions to date this year. About StorageVault Canada Inc.StorageVault now owns and operates 220 storage locations in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, and Nova Scotia. StorageVault owns 180 of these locations plus over...

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Nuvei Announces Voting Results of its Annual Shareholders’ Meeting and Appointment of General Counsel and Corporate Secretary

Nuvei Announces Voting Results of its Annual Shareholders’ Meeting and Appointment of General Counsel and Corporate Secretary

MONTREAL, May 31, 2021 (GLOBE NEWSWIRE) — Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U) today announced that shareholders voted in favour of all items of business put forth by the Company at its annual shareholders’ meeting held on May 28, 2021 (the “Meeting”). Voting Results of the Meeting 1. Election of Directors The five (5) nominees for directors were elected by a majority of the votes cast by the shareholders present or represented by proxy at the Meeting. The votes cast for each nominee were as follows: Nominees Votes For Percentageof Votes For VotesWithheld Percentageof VotesWithheld (a)   Philip Fayer 855,927,759 99.98% 195,699 0.02% (b)   Michael Hanley 854,984,764 99.87% 1,138,310 0.13% (c)   David Lewin 855,785,023 99.96% 338,051 0.04% (d)   Daniela Mielke 856,088,122 99.99% 34,952 0.01% (e)   Pascal...

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Osisko Announces Annual Shareholder Meeting Results

Osisko Announces Annual Shareholder Meeting Results

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Osisko Mining Inc. (TSX:OSK. “Osisko” or the “Corporation”) is pleased to announce the results of its annual meeting of shareholders (the “Meeting”) held earlier today. A total of 262,643,293 common shares of the Corporation were represented at the Meeting, representing approximately 73.29% of the total number of common shares of the Corporation issued and outstanding. All matters presented for approval at the Meeting were duly authorized and approved, as follows:   (i) election of all management nominees to the board of directors of the Corporation (details in table below); and         (ii) appointment of PricewaterhouseCoopers LLP as auditors of the Corporation for the ensuing year and authorization of the directors to fix their remuneration. Name Voted...

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