Day: May 4, 2021

VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — Pretium Resources Inc. (TSX/NYSE:PVG) (“Pretivm” or the “Company”) announces operating and financial results for the first quarter 2021 (see “Key Operating Metrics” and “Key Financial Metrics” tables below). All amounts are in US dollars unless otherwise noted. This release should be read in conjunction with the Company’s Financial Statements and Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2021 and 2020, available on the Company’s website and on SEDAR and EDGAR. “The first quarter of 2021 proved to be very challenging, but operations continued throughout the COVID-19 outbreak that occurred at Brucejack in February. This was only possible because of the tremendous dedication of our team, the support of our contractors and the...

Vertically-integrated cannabis leader finishes quarter with multiple post-merger successes and strong position for future expansion SALINAS, Calif., May 04, 2021 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a leading, vertically-integrated, California-focused cannabis company, announced revenue and operating results for the first quarter (ended March 31, 2021). All figures stated are in US Dollars and are on a US GAAP basis. First Quarter Financial Highlights:Revenue generated for the three-month period ended March 31, 2021 was $11.0 million; an increase of 17% from the Q1 2020 and an increase of 20% over the preceding quarter. Adjusted EBITDA for the three-month period ended March 31, 2021, was ($4.6 million), which approximates adjusted EBITDA in Q1 2020. See “Use of Non-GAAP Financial Information”...

TORONTO, May 04, 2021 (GLOBE NEWSWIRE) — Toromont Industries Ltd. (TSX: TIH) reported its financial results for the first quarter ended March 31, 2021.             Three months ended March 31  millions, except per share amounts   2021   2020 % change           Revenues $       806.2 $       715.5 13 %  Operating income $         70.2 $         55.2 27 %  Net earnings $         48.0 $         37.4 28 %  Basic earnings per share (“EPS”) $         0.58 $         0.46 26 %                  “Toromont’s first quarter results reflect our people’s unwavering commitment to meet our customer needs as we continue to navigate through a complex operating environment”, stated Scott J. Medhurst, President and Chief Executive Officer of Toromont Industries Ltd. “The Equipment Group reported...

SUNRISE, Fla., May 04, 2021 (GLOBE NEWSWIRE) — FedNat Holding Company (the “Company”) (Nasdaq: FNHC) today reported results for the three months ended March 31, 2021. Q1 2021 highlights (as measured against the same three-month period last year, except where noted):Net loss of $19.4 million or $(1.35) per diluted share compared to net income of $2.1 million or $0.15 per diluted share. Adjusted operating loss of $19.4 million or $(1.35) per diluted share as compared to adjusted operating income of $4.3 million or $0.30 per diluted share. $18.3 million of claims, net of reinsurance recoveries, pre-tax, from catastrophe losses driven primarily by Winter Storm Uri (“Uri”), which caused heavy residential damage in Texas, as previously communicated. $174.2 million of gross written premiums, compared to $173.0 million. Gross...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, May 04, 2021 (GLOBE NEWSWIRE) — Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) is pleased to announce that it intends to complete a non-brokered private placement financing of up to 7,000,000 units (the “Units”) at a price of $0.125 per Unit for gross proceeds of up to $875,000 (the “Offering”). Each Unit will consist of one (1) common share in the capital of the Company (the “Common Share”) and one-half (1/2) common share purchase warrant (each a “Warrant”). Each whole Warrant will entitle the holder to acquire one (1) additional Common Share in the capital of the Company (each a “Warrant Share”) at an exercise price of $0.25 per Warrant Share for a period of 24 months from the date of issuance. Closing...

CALGARY, Alberta, May 04, 2021 (GLOBE NEWSWIRE) — Parkland Corporation, (“Parkland”, “We”, the “Company”, or “Our”) (TSX:PKI) held its annual General meeting of shareholders on May 4, 2021 (the “Meeting”). The Company is pleased to announce that all nine of the nominees listed in its management information circular dated March 2, 2021 (the “Information Circular”) were elected as directors of the Corporation and PricewaterhouseCoopers LLP was reappointed as Parkland’s auditor at its annual general meeting of shareholders held today (the “Meeting”). The results of these votes, as well as the results for the other items of business considered at the Meeting are set out below: Resolution 1 Election of directors of Parkland for the ensuing year.Nominee Votes...

VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (the “Company” or “Pegasus”) is pleased to announce that Mike England has been appointed a director of the Company, replacing Glen MacDonald, who has resigned as a director of the Company. The Company wishes to thank Mr. MacDonald for his services to the Company. Mr. England has been involved in the public markets since 1983, beginning his career working at the Vancouver Stock Exchange as a floor trader. Since 1995, Mr. England has been directly involved with public companies in various roles, including investor relations, directorships and senior officer positions. To date, Mr. England has been directly responsible for raising in excess of $80-million for mineral exploration and acquisitions. The...

Pacific Northwest Colstrip Owners take legal action over newly signed senate bill SPOKANE, Wash., May 04, 2021 (GLOBE NEWSWIRE) — Avista Corporation took legal action against the State of Montana today, filing a lawsuit with the Pacific Northwest Colstrip owners—Puget Sound Energy, PacifiCorp and Portland General Electric—after Montana Governor Gianforte signed Senate Bills 265 and 266 into law. “As we shared in a letter to Governor Gianforte last month, we believe Senate Bills 265 and 266 disrupt a contract between and among the Colstrip owners that has existed for nearly 40 years,” said Avista’s Senior Vice President of Energy Resources Jason Thackston. “We urged Governor Gianforte to veto the bills because we believe they are both unlawful and unconstitutional, and we have pursued legal action today with other Colstrip owners...

OXFORD, United Kingdom, May 04, 2021 (GLOBE NEWSWIRE) — Vaccitech plc (NASDAQ: VACC), a clinical-stage biopharmaceutical company engaged in the discovery and development of novel immunotherapeutics and vaccines for the treatment and prevention of infectious diseases and cancer, today announced the closing of its initial public offering in the United States of 6,500,000 American Depositary Shares (“ADSs”) representing 6,500,000 ordinary shares at an initial public offering price of $17.00 per ADS. The gross proceeds from the offering were approximately $110.5 million. Vaccitech’s ordinary shares began trading on the Nasdaq Global Market in the U.S. under the ticker symbol “VACC” on April 30, 2021. All ADSs sold in the offering were offered by Vaccitech. Morgan Stanley, Jefferies, Barclays and William Blair acted as joint book-running...

GENEVA, Switzerland, May 04, 2021 (GLOBE NEWSWIRE) — Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, will release its first quarter 2021 results before the market opens on Friday, May 7, 2021. The Company’s condensed consolidated interim financial statements for the three months ended March 31, 2021, as well as the related documents, will be available on the Company’s website (www.etrion.com) About Etrion Etrion Corporation is an independent power producer that develops, builds, owns and operates utility-scale solar power generation plants. The Company owns and operates 57 MW of solar capacity and owns the 45 MW Niigata project under construction, all in Japan. The Company is listed on the Toronto Stock Exchange in Canada and the NASDAQ OMX Stockholm exchange in Sweden under...