Day: May 3, 2021

Suncor Energy reports first quarter 2021 results

Suncor Energy reports first quarter 2021 results

Unless otherwise noted, all financial figures are unaudited, presented in Canadian dollars (Cdn$), and have been prepared in accordance with International Financial Reporting Standards (IFRS), specifically International Accounting Standard (IAS) 34 Interim Financial Reporting as issued by the International Accounting Standards Board. Production volumes are presented on a working-interest basis, before royalties, except for production values from the company’s Libya operations, which are presented on an economic basis. Certain financial measures referred to in this news release (funds from operations, operating earnings (loss), free funds flow, Oil Sands operations cash operating costs and Syncrude cash operating costs) are not prescribed by Canadian generally accepted accounting principles (GAAP). See the Non-GAAP Financial Measures...

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Hawaii Water Service Completes Purchase of Kapalua Water Company and Kapalua Waste Treatment Company

Hawaii Water Service Completes Purchase of Kapalua Water Company and Kapalua Waste Treatment Company

WAIKOLOA, Hawaii, May 03, 2021 (GLOBE NEWSWIRE) — California Water Service Group (Group) (NYSE: CWT) subsidiary Hawaii Water Service (Hawaii Water) has completed the acquisition of Kapalua Water Company and Kapalua Waste Treatment Company from Maui Land & Pineapple Company (MLP). Hawaii Water will now begin providing water and wastewater service to ML&P’s 1,000 customer connections in the Kapalua, Maui resort area. Kapalua’s water and wastewater utilities serve homes, hotels, condominiums, golf courses, restaurants, and other resort amenities in West Maui. Hawaii Water will invest in the water and wastewater system infrastructure to keep service reliable for customers’ everyday and emergency needs, and is committed to providing safe, high-quality water and excellent customer service to local residents, businesses, and...

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Highland Income Fund Announces the Regular Monthly Distribution

Highland Income Fund Announces the Regular Monthly Distribution

DALLAS, May 03, 2021 (GLOBE NEWSWIRE) — Highland Income Fund (NYSE: HFRO) (“HFRO” or the “Fund”) today announced its regular monthly distribution on its common stock of $0.0770 per share. The distribution will be payable on May 28, 2021 to shareholders of record at the close of business May 21, 2021. The Fund is a closed-end fund managed by Highland Capital Management Fund Advisors, L.P. (the “Manager”). The Fund will pursue its investment objective by investing primarily in the following categories of securities and instruments: (i) floating-rate loans and other securities deemed to be floating-rate investments; (ii) investments in securities or other instruments directly or indirectly secured by real estate (including real estate investment trusts (“REITs”), preferred equity, securities convertible into equity securities...

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Peyto Announces Update on COVID-19 Measures for Its Annual Meeting of Shareholders and Q1 Conference Call Details

Peyto Announces Update on COVID-19 Measures for Its Annual Meeting of Shareholders and Q1 Conference Call Details

CALGARY, Alberta, May 03, 2021 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) (TSX:PEY) has scheduled its Annual General Meeting of Shareholders for 3:00 p.m. on Thursday, May 13, 2021. Peyto was hopeful that Alberta would be emerging from the COVID-19 pandemic which would allow for an in-person meeting of its shareholders. Currently, however, the Public Health Agency of Canada and Alberta Health Services is strongly advising against indoor gatherings of any kind. Therefore, considering this advice and in order to reduce potential risks to the health and safety of its shareholders, employees and other stakeholders, Peyto is strongly urging shareholders and others to remain at home and NOT attend the meeting in person. Attendance in person will be restricted to essential...

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Fortress Announces Grant of Stock Options

Fortress Announces Grant of Stock Options

TORONTO, May 03, 2021 (GLOBE NEWSWIRE) — Fortress Technologies Inc. (TSX-V: FORT) (the “Company” or “Fortress”) announces that it has granted to a certain officer of the Company an aggregate of 100,000 incentive stock options (the “Stock Options”) to purchase common shares under the Company’s incentive stock option plan (the “Plan”). Each Stock Option is exercisable into one common share of the Company at a price of $0.51 for a period of 3 years from the date of grant. The Stock Options are subject to the terms and conditions of the Plan and the policies of the TSX Venture Exchange. About Fortress Technologies Fortress Technologies Inc. (TSX-V: FORT) is a well-capitalized company focused on developing projects where access to growth capital is highly valued, which can also advance ESG and environmentally conscious business...

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Jushi Holdings Inc. Provides MCTO Update

Jushi Holdings Inc. Provides MCTO Update

BOCA RATON, Fla., May 03, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announces that its previously announced application for a management cease trade order (“MCTO”) under National Policy 12-203 Management Cease Trade Orders (“NP 12-203”) has been approved by the Ontario Securities Commission (the “OSC”). The Company had previously announced that it had filed an application seeking an MCTO from the OSC as it was delayed in filing of its audited annual financial statements for the year ended December 1, 2020, the related management’s discussion and analysis, related CEO and CFO certificates and annual information form for the year ended December 31, 2020 (collectively, the “Documents”) before the required deadline of...

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Teligent, Inc. Announces 2020 Year-End Earnings Report and Provides Business Update

Teligent, Inc. Announces 2020 Year-End Earnings Report and Provides Business Update

– Significantly strengthened balance sheet and cash position – Continued FDA Warning Letter remediation efforts – Anticipate informing FDA on inspection readiness during 3Q2021 – Conference Call to be held on May 4, 2021 at 4:30 pm Eastern Standard Time  – Dial in:  (800) 708-4540 US Toll Free Number     (847) 619-6397 US Number     Confirmation Number: 50161966 BUENA, N.J., May 03, 2021 (GLOBE NEWSWIRE) — Teligent, Inc. (NASDAQ: TLGT), a New Jersey-based generics pharmaceutical company, today announced its financial results for the fourth quarter and year ended December 31, 2020. “We are pleased with the progress our team has made at Teligent. Despite the COVID-19 pandemic presenting unforeseen challenges, our company made remarkable strides across multiple areas of our business throughout 2020 that continues...

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Aldebaran Announces Closing of $9,386,358 Private Placement Financing

Aldebaran Announces Closing of $9,386,358 Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE,PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY,IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) — Aldebaran Resources Inc. (TSXV:ALDE) (“Aldebaran” or the “Company”) is pleased to announce that it has closed its previously announced non-brokered unit private placement offering (the “Offering“). An aggregate of 20,858,573 units (the “Units”) were sold under the Offering at a price of $0.45 per Unit for total gross proceeds of $9,386,358. Each Unit consists of one common share (“Common Shares”) in the capital of the Company and one-half of one warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one additional Common Share at a price of...

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Saint Jean Carbon Announces Proposed Warrant Extension

Saint Jean Carbon Announces Proposed Warrant Extension

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, May 03, 2021 (GLOBE NEWSWIRE) — Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) announces that it intends to extend the exercise period of a total of 11,050,000 common share purchase warrants (the “Warrants”) issued pursuant to a private placement announced on May 16, 2017 and closed in two tranches on May 17, 2017 and May 29, 2017. Each Warrant entitled the holder to acquire one (1) common share in the capital of the Company (the “Common Share”) at an exercise price of $0.055 per Common Share. Effective June 12, 2018, the Company completed a consolidation of its Common Shares on a 4 for 1 basis pursuant to which the exercise price automatically increased to $0.22 per Common Share and number of Shares the...

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Calibre Reports Strong First Quarter 2021 Production and Costs, Including Initial High-Grade Ore Delivery from Pavon Norte

Calibre Reports Strong First Quarter 2021 Production and Costs, Including Initial High-Grade Ore Delivery from Pavon Norte

VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operational results for the three months ended March 31, 2021 (“Q1 2021”). The interim consolidated financial statements and management discussion and analysis can be obtained from www.sedar.com and the Company’s website, www.calibremining.com. All figures are expressed in U.S. dollars. Q1 2021 HIGHLIGHTS Gold production: 45,452 ounces, highest quarterly production since Q3 2016; Production includes the first ore delivery from the Pavon Norte mine to the Libertad mill Demonstrating Calibre’s ability to advance new satellite deposits: ‘permit to plant’ in less than 18 months; Positive Pavon gold mine Pre-feasibility Study, currently in production, with strong exploration...

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