NXT Energy Solutions Amends Financial Statements to Correct Clerical Error

Written by Customer Service on May 3, 2021. Posted in Public Companies.

CALGARY, Alberta, May 03, 2021 (GLOBE NEWSWIRE) — NXT Energy Solutions Inc. (“NXT” or the “Company”) (TSX:SFD; OTC QB:NSFDF) reports that it has filed amended consolidated financial statements for the years ended December 31, 2020, 2019 and 2018 with all instances of the word “unaudited” having been removed, and clerical errors in two headings having been corrected, as follows: the heading “Condensed Consolidated Interim Statements of Cash Flows” has been corrected to read “Consolidated Statements of Cash Flows”; and the heading “Condensed Consolidated Interim Statements of Shareholders Equity” has been corrected to read “Consolidated Statements of Shareholders’ Equity”. There are no other changes. About NXT Energy Solutions Inc. NXT Energy Solutions Inc. is a Calgary-based technology company whose proprietary SFD® survey system...

CVR Energy Reports First Quarter 2021 Results

Written by Customer Service on May 3, 2021. Posted in Public Companies.

SUGAR LAND, Texas, May 03, 2021 (GLOBE NEWSWIRE) — CVR Energy, Inc. (“CVR Energy”) (NYSE: CVI) today announced a net loss of $39 million, or 39 cents per diluted share, on net sales of $1.5 billion for the first quarter of 2021, compared to net loss of $87 million, or 87 cents per diluted share, on net sales of $1.1 billion for the first quarter of 2020. First quarter 2021 EBITDA was less than $1 million, compared to a first quarter 2020 EBITDA loss of $38 million. “CVR Energy’s first quarter 2021 results were influenced by exorbitant Renewable Identification Number (RIN) pricing, unrealized derivative losses and impacts from Winter Storm Uri,” said Dave Lamp, CVR Energy’s Chief Executive Officer. “We were able to quickly recover from the storm-related shutdowns, and with the increase in Group 3 crack spreads, our refining business...

CVR Partners Reports First Quarter 2021 Results

Written by Customer Service on May 3, 2021. Posted in Public Companies.

SUGAR LAND, Texas, May 03, 2021 (GLOBE NEWSWIRE) — CVR Partners, LP (“CVR Partners” or the “Partnership”) (NYSE: UAN), a manufacturer of ammonia and urea ammonium nitrate (“UAN”) solution fertilizer products, today announced a net loss of $25 million, or $2.37 per common unit, on net sales of $61 million for the first quarter 2021, compared to a net loss of $21 million, or $1.83 per common unit, on net sales of $75 million for the first quarter 2020. EBITDA was $5 million for the first quarter of 2021, compared to $11 million for the first quarter of 2020. “During the first quarter 2021, CVR Partners continued to operate safely and reliably while responding to Winter Storm Uri, which negatively impacted shipments from both our East Dubuque and Coffeyville fertilizer facilities,” said Mark Pytosh, Chief Executive Officer of CVR...

Enthusiast Gaming Files Preliminary Base Shelf Prospectus and Registration Statement

Written by Customer Service on May 3, 2021. Posted in Public Companies.

TORONTO, May 03, 2021 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX) (TSX:EGLX) is pleased to announce that it has filed a preliminary short form base shelf prospectus (the “Preliminary Shelf Prospectus“) with the securities commissions in each of the provinces of Canada, excluding Quebec, and a corresponding registration statement on Form F-10 (the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”) under the U.S./Canada Multijurisdictional Disclosure System. When made final or effective, the Preliminary Shelf Prospectus and corresponding Registration Statement will allow the Company to undertake offerings of common shares, preferred shares, debt securities, warrants, units and subscription receipts (collectively, the “Securities”),...

New Data from Vaxart Oral COVID-19 Vaccine Phase I Study Suggests Broad Cross-Reactivity against Other Coronaviruses

Written by Customer Service on May 3, 2021. Posted in Public Companies.

Vaxart oral vaccine induced higher CD8+ T-Cell responses than those seen with Moderna or Pfizer vaccines in comparative experiment conducted by the Company IgA antibodies triggered in the mucosa, show broad cross-reactivity SOUTH SAN FRANCISCO, Calif., May 03, 2021 (GLOBE NEWSWIRE) — Vaxart, Inc. (Nasdaq: VXRT), a clinical-stage biotechnology company developing oral recombinant vaccines that are administered by tablet rather than by injection, announced today at Vaxart’s key opinion leader event that new data obtained from its Phase I COVID-19 trial added to the evidence suggesting that VXA-CoV2-1, the company’s first COVID-19 oral vaccine construct that triggers mucosal immunity and includes both the S and the N SARS-Cov-2 proteins, has broad cross-coronavirus activity. “We have previously announced study data showing that our...

Eneti Inc. to Announce First Quarter 2021 Results

Written by Customer Service on May 3, 2021. Posted in Public Companies.

MONACO, May 03, 2021 (GLOBE NEWSWIRE) — Eneti Inc. (NYSE: NETI) (the “Company”) plans to announce first quarter 2021 financial results in a press release that will be issued before the market opens on Monday, May 17, 2021. A conference call to discuss the Company’s results will be held at 9:00 AM Eastern Daylight Time / 3:00 PM Central European Summer Time on May 17, 2021. Those wishing to listen to the call should dial 1 (866) 219-5268 (U.S.) or 1 (703) 736-7424 (International) at least 10 minutes prior to the start of the call to ensure connection. The conference participant passcode is 5985886. The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no responsibility for providing updated information. There will also be a simultaneous live webcast over the...

Colabor Group Reports Results for the First Quarter 2021

Written by Customer Service on May 3, 2021. Posted in Public Companies.

BOUCHERVILLE, Quebec, May 03, 2021 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Company”) reports its results for the first quarter ended March 20, 2021. First Quarter 2021 Financial Highlights and Recent Events: Sales decreased by 23.3% to $85.6 million, compared to $111.6 million for the first quarter of 2020, mainly explained by the mandatory closure of restaurant dining rooms in Quebec in the first quarter of 2021 as a result of the pandemic and the termination of a contract in Specialized distribution activities during the first quarter of 2020; Net loss from continuing operations decreased to $1.0 million compared to $1.9 million for the corresponding period of 2020; Adjusted EBITDA(1) increased to $3.8 million from $3.7 million for the corresponding period of 2020 and increase in adjusted EBITDA(1)...

American Lithium Acquisition Target, Plateau Energy Metals, Receives Shareholder Support for Merger – Land Package Expanded at TLC

Written by Customer Service on May 3, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, May 03, 2021 (GLOBE NEWSWIRE) — American Lithium Corp. (TSXV: LI) (OTCQB: LIACF) (Frankfurt: 5LA1) (“American Lithium” or the “Company”), a leader in the acquisition, exploration and development of lithium projects, is pleased to announce that Plateau Energy Metals (“Plateau”) received overwhelming shareholder support for its business combination with American Lithium at the Special Meeting of its stakeholders held earlier today. Highlights: Plateau shareholder and option holder vote was conducted by Special Resolution earlier today with overwhelming support (99.8%) for the Plan of Arrangement; Closing of Plan of Arrangement is subject to final approval of the Ontario Superior Court of Justice and the TSX Venture Exchange, and other customary closing conditions; Closing is anticipated to occur on...

Mueller Water Products Reports 2021 Second Quarter Results

Written by Customer Service on May 3, 2021. Posted in Public Companies.

Increased Net Sales 3.8 percent to $267.5 million Reported Net Income per Diluted Share of $0.13 and Adjusted Net Income per Diluted Share of $0.14 Generated $63.2 million of Net Cash from Operating Activities for the Six Month Period ATLANTA, May 03, 2021 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced today that for its fiscal 2021 second quarter ended March 31, 2021, net sales were $267.5 million and net income was $20.9 million. During the 2021 second quarter, the Company: Increased net sales 3.8 percent to $267.5 million as compared with $257.7 million in the prior year quarter. Generated operating income of $33.4 million and adjusted operating income of $35.2 million as compared with operating income of $35.8 million and adjusted operating income of $36.7 million in the prior year quarter. Achieved...

CooperCompanies Acquires obp Medical

Written by Customer Service on May 3, 2021. Posted in Mergers And Acquisitions.

SAN RAMON, Calif., May 03, 2021 (GLOBE NEWSWIRE) — CooperCompanies (NYSE: COO), today announced that CooperSurgical has acquired obp Medical Corporation, a U.S. based medical device company that develops and markets differentiated products including single-use vaginal speculums with integrated LED illumination. Commenting on the transaction, Al White, Cooper’s President and CEO said, “This acquisition is a great strategic fit that builds upon CooperSurgical‘s strong family of OB/GYN medical devices. obp Medical’s differentiated products will integrate seamlessly into our business and support our mission of advancing women’s healthcare.” The acquisition price is approximately $60 million, and the products being acquired generated approximately $10 million of trailing twelve-month revenue. The acquisition is expected to be neutral...

Day: May 3, 2021

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