Day: May 11, 2021

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, British Columbia, May 11, 2021 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) and Keg Restaurants Ltd (“KRL”) are pleased to announce the financial results of the Fund for the first quarter of 2021. HIGHLIGHTSKRL’s restaurants closed for 53.4% of the quarter KRL system sales down 52.4% to $68.6M for the 13-week period Royalty Pool sales down 51.9% to $68.6M for the quarter Distributable cash down 76.7% to 12.0 cents/Fund unit for the quarter Payout ratio was 140.6% for the first quarter of 2021Royalty Pool sales reported by the 106 Keg restaurants in the Royalty Pool were $68,575,000 for the quarter, a decrease of $74,078,000 or 51.9% from the comparable quarter of the prior year. Royalty income decreased by...

Fort Lauderdale, FL, May 11, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Veritas Farms, Inc. (OTCQB: VFRM) (“Veritas Farms” or the “Company”), a vertically integrated CBD and Wellness company focused on the production of full spectrum hemp oil products with naturally occurring cannabinoids, announces that on May 11, 2021, the Company entered into a Securities Purchase Agreement (the “SPA”) with an existing shareholder, pursuant to which the Company contemporaneously sold to the Purchaser an aggregate of (a) 2,000,000 shares of its Series A Convertible Preferred Stock, and (b) 1,000,000 shares of its Series B Convertible Preferred Stock, and as a result of the transaction and the voting rights accorded the preferred stock issued, the Purchaser now holds approximately 88% of the voting power of the Company and accordingly, a...

Revenues rose to $86.6 million, up 27.3% y-o-y Comparable store sales up 24.5% y-o-y Adjusted EBITDA attributed to shareholders up 50.2% and on a per diluted share basis up by 48.0% y-o-y MONTRÉAL, May 11, 2021 (GLOBE NEWSWIRE) — New Look Vision Group Inc. (“New Look Vision” or the “Company”) (TSX: BCI), a leader in the Canadian retail optical industry with stores across Canada and in Florida, reported financial results today for the 13 week periods ended March 27, 2021 (“Q1 2021”), and provided updates on actions in response to COVID-19, store re-openings, on omnichannel and facility consolidation. This press release should be read in conjunction with the Company’s management discussion and analysis and consolidated financial statements for fiscal 2020, which are available on the Company’s website at www.newlookvision.ca/investors and...

CALGARY, Alberta, May 11, 2021 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) today announces our financial and operating results for the three months ended March 31, 2021. PPR’s unaudited condensed interim consolidated financial statements for the three months ended March 31, 2021 (“Interim Financial Statements”) and related Management’s Discussion and Analysis (“MD&A”) for the three months ended March 31, 2021 are available on our website at www.ppr.ca and filed on SEDAR. Q1 2021 HIGHLIGHTSSuccessful Drilling Program: During the quarter, we successfully drilled and completed our first Ellerslie well to prove the emerging play in Princess. The well commenced production on April 29, 2021 and initial production averaged 2232 boe/d (weighted...

Collaborates with Port of Rotterdam, Vopak, NYK and TankMatch to launch the first barge-to-ship methanol bunkering operation in the worldMethanol barge bunkering for Waterfront Shipping’s Takaroa Sun vesselWaterfront Shipping’s Takaroa Sun, a methanol dual-fuel vessel is bunkering methanol from the MTS Evidence barge at the Vopak Botlek Terminal in Port of Rotterdam.VANCOUVER, British Columbia and ROTTERDAM, The Netherlands, May 11, 2021 (GLOBE NEWSWIRE) — Waterfront Shipping, a wholly-owned subsidiary of Methanex Corporation (Methanex), yesterday demonstrated the ease of ‘barge-to-ship’ bunkering as part of the launch of the world’s first barge-to-ship methanol bunkering operation at the Port of Rotterdam. Waterfront Shipping’s Takaroa Sun—a long-term chartered vessel owned by NYK Bulkship (Asia) Pte. Ltd., and...

CALGARY, Alberta, May 11, 2021 (GLOBE NEWSWIRE) — TSX-V: CWV: Crown Point Energy Inc. (“Crown Point”, the “Company” or “we“) today announced its operating and financial results for the three months ended March 31, 2021. Copies of the Company’s March 31, 2021 unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”) filings are being filed with Canadian securities regulatory authorities and will be made available under the Company’s profile at www.sedar.com and on the Company’s website at www.crownpointenergy.com. All dollar figures are expressed in United States dollars (“USD”) unless otherwise stated. References to “ARS” are to Argentina Pesos. In the following discussion, the three months ended March 31, 2021 may be referred to as “Q1...

CALGARY, Alberta, May 11, 2021 (GLOBE NEWSWIRE) — NuVista Energy Ltd. (“NuVista” or the “Company”) (TSX:NVA) is pleased to announce financial and operating results for the three months ended March 31, 2021, and provide a number of updates which demonstrate continued successful advancement of our Pipestone and Wapiti Montney play development. This was a successful quarter for NuVista, with results that included the startup of the new Pipestone North compressor station facility ahead of schedule and below expected cost, the completion and startup of 16 new wells primarily in Pipestone North, and the delivery of production and cashflow results which were ahead of expectations. All of the aforementioned actions have placed NuVista in the solid position of moving forward through to 2022 with strength and increasing momentum in the significantly...

TORONTO, May 11, 2021 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its first quarter 2021 financial results. All amounts are in U.S. dollars, unless otherwise noted. First Quarter Operating and Financial ResultsConsolidated copper production in the first quarter was 24,553 tonnes at cash cost and sustaining cash cost1 per pound of copper produced, net of by-product credits, of $1.04 and $2.16, respectively. Consolidated gold production in the first quarter was 35,500 ounces, a record for Hudbay. Full year 2021 production and operating cost guidance reaffirmed; Pampacancha production commenced in April 2021, in line with guidance. First quarter Manitoba copper production significantly increased from 2020 levels primarily due to higher grades at 777 and higher recoveries at...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, May 11, 2021 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Corporation”) (TSXV:HFC & HFC.PR.A) announces that it has granted stock options to officers, directors and employees to purchase up to 1,100,000 subordinate voting shares of the Corporation at the exercise price of $0.32 per share. All options vest immediately and are exercisable for a 10 year term. The options were granted under the Corporation’s stock option plan, pursuant to which the aggregate number of subordinate shares under stock options shall not exceed 10% of the outstanding subordinate voting shares. The Corporation currently has outstanding stock options exercisable to purchase up to 1,400,000 subordinate voting shares of the Corporation. About...

LOS ANGELES, CA, May 11, 2021 (GLOBE NEWSWIRE) — Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“Oaktree Specialty Lending” or the “Company”), a specialty finance company, today announced that it has priced an underwritten public offering of $350.0 million aggregate principal amount of 2.700% notes due 2027. The notes will mature on January 15, 2027 and may be redeemed in whole or in part at the Company’s option at any time at par plus a “make-whole” premium, if applicable. Matt Pendo, President and Chief Operating Officer, said, “We are pleased to be expanding our financing sources with the pricing of this attractive, long-term debt. We believe this transaction represents an important milestone for us as we further strengthen our balance sheet and improve our funding flexibility following the recent closing of the merger...