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Day: May 12, 2021

Knight to Present at the 2021 RBC Capital Markets Global Healthcare Conference

MONTREAL, May 12, 2021 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX:  GUD) (“Knight”), a leading pan-American (ex-US) specialty pharmaceutical company, announced today that Samira Sakhia, President and Chief Operating Officer, is scheduled to participate in a fireside chat at the 2021 RBC Capital Markets Global Healthcare Conference on Tuesday, May 18, 2021 at 8:35 am ET. A live webcast of the event will be available at the following link: Event. A copy of the presentation will be available at www.gud-knight.com. About Knight Therapeutics Inc. Knight Therapeutics Inc., headquartered in Montreal, Canada, is a specialty pharmaceutical company focused on acquiring or in-licensing and commercializing innovative pharmaceutical products for Canada and Latin America. Knight owns Biotoscana Investments S.A., a pan-Latin...

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Danone finalizes sale of Mengniu stake

Press release – Paris, May 13, 2021 Danone finalizes sale of Mengniu stake Danone has finalized the strategic sale of its approximately 9.8% stake in China Mengniu Dairy Company Limited, which was originally announced on May 12, 2021. The transaction resulted in total gross proceeds of HKD 15.4 billion, representing c. €1.6 billion. The settlement of the transaction will take place on May 17, 2021. In line with Danone’s disciplined capital allocation, the majority of the proceeds will be returned to shareholders through a share buyback program. The details of the program will be announced upon initiation. About Danone (www.danone.com) Danone is a leading multi-local food and beverage company building on health-focused and fast-growing categories in 3 businesses: Essential Dairy & Plant-Based products, Waters and Specialized Nutrition....

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Acquisition of Securities under Section 2.8 of National Instrument 45-102

Not for distribution to U.S. Newswire Services or for dissemination in the United States. Early Warning Report pursuant to National Instrument 62-103ACQUISITION OF SHARES OF PREMIER DIVERSIFIED HOLDINGS INC. VANCOUVER, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) — Corner Market Capital Corp. (“CMCC“). This press release is being disseminated in connection with the acquisition of securities following an early warning report (the “Early Warning Report“) dated May 12, 2021 regarding the acquisition of securities of Premier Diversified Holdings Inc. (the “Reporting Issuer“) by CMCC of 318-1199 West Pender Street, Vancouver, B.C. V6E 2R1. CMCC acquired 64,199,016 Common shares (the “Shares“) of the Reporting Issuer on May 12, 2021. The Shares are registered in the name of MPIC Fund...

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Educational Development Corporation Announces Record Fiscal Fourth Quarter, Fiscal Year 2021 Results

TULSA, Okla., May 12, 2021 (GLOBE NEWSWIRE) — Educational Development Corporation (“EDC”, or the “Company”) (NASDAQ: EDUC) (http://www.edcpub.com) today reports record net revenues and earnings per share results for the fiscal fourth quarter and fiscal year ended February 28, 2021. Fiscal Year End Highlights Compared to the Prior YearNet revenues of $204.6 million, an increase of 81.1%, compared to $113.0 million. Net earnings of $12.6 million, an increase of 125.0% compared to $5.6 million. Earnings per share was $1.50, compared to $0.68, an increase of 120.6%.Fourth Quarter Highlights Compared to the Year Ago QuarterNet revenues of $40.3 million, an increase of $20.2 million, or 100.1%, compared to $20.1 million. Earnings before income taxes were $3.0 million, an increase of $2.3 million, or 328.6%, compared to $703,000.  Net...

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Mount Logan Capital Inc. Announces March 2021 Interim Results; Declares Shareholder Distribution

TORONTO, May 12, 2021 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (NEO: MLC) (“Mount Logan,” “our,” “we,” or the “Company”) announces its financial results for the quarter ended March 31, 2021. All amounts are stated in United States dollars, unless otherwise indicated. First Quarter Highlights:In the first quarter, our previously announced transactions generated the following:CLO transaction – $0.5 million in management fees Sierra Crest/CIF transaction – $0.3 million in interest income and servicing feesTotal investment income increased 41% from $0.9 million for the three months ended December 31, 2020 to $1.3 million for the three months ended March 31, 2021. As of March 31, 2021, the carrying value of the Company’s portfolio was $39.7 million1. Total shareholders’ equity as of March 31, 2021 was $43.2 million. The...

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Grupo Aeroportuario del Pacifico Announces Payment Date for Capital Stock Reduction Approved at the General Extraordinary Shareholders’ Meeting

GUADALAJARA, Mexico, May 12, 2021 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (NYSE: PAC; BMV: GAP) (the “Company” or “GAP”) announces that on May 28, 2021 it will be made the capital reduction payment approved at the General Extraordinary Shareholders’ Meeting held on April 27, 2021. The capital reduction payment will be in accordance with the second resolution approved during the Extraordinary Shareholders’ Meeting and is equivalent to Ps. 3.8230950615 for each outstanding share. The capital reduction payment corresponds to the thirty such payment. Company Description: Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) operates 12 airports throughout Mexico’s Pacific region, including the major cities of Guadalajara and Tijuana, the four tourist destinations of Puerto Vallarta, Los Cabos, La Paz and...

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Northland Power Reports First Quarter 2021 Results and Releases Fourth Annual Sustainability Report

Execution on Growth Strategy through the Acquisition of 540 MW Onshore Renewables Portfolio in Spain, Positioning Northland as a Top Ten Operator in a High Growth Market TORONTO, May 12, 2021 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for three months ended March 31, 2021. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “We are off to a good start in 2021 with healthy first quarter financial results and strong progress on our growth plan,” said Mike Crawley, Northland’s President and Chief Executive Officer. “Our near-term strategy has been to further diversify our portfolio and bolster our cash flow profile, to support the advancement of our 4 – 5 GW of identified development projects. We are very pleased to...

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Dundee Corporation Announces First Quarter 2021 Financial Results

TORONTO, May 12, 2021 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months ended March 31, 2021. All currency amounts in this press release are in Canadian dollars except as otherwise indicated. FIRST QUARTER 2021 RESULTSAdvanced core mining-focused investment strategy, growing our portfolio by making significant investments in mining companies.Reduced total corporate G&A costs by 6.3% compared to Q1 2020 and reduced G&A costs excluding stock-based compensation by 9.6%.Generated consolidated revenues of $5.3 million (2020 – $3.0 million).Generated net loss attributable to owners of the Corporation of $19.7 million (2020 – loss of $166.45 million), or a loss of $0.23 per share (2020 – loss of $1.63 per share).On a consolidated...

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STEP Energy Services Ltd. Reports First Quarter 2021 Results

CALGARY, Alberta, May 12, 2021 (GLOBE NEWSWIRE) — STEP Energy Services Ltd. (the “Company” or “STEP”) is pleased to announce its financial and operating results for the three months ended March 31, 2021. The following press release should be read in conjunction with the management’s discussion and analysis (“MD&A”) and unaudited condensed consolidated interim financial statements and notes thereto as at March 31, 2021 (the “Financial Statements”). Readers should also refer to the “Forward-looking information & statements” legal advisory and the section regarding “Non-IFRS Measures” at the end of this press release. All financial amounts and measures are expressed in Canadian dollars unless otherwise indicated. Additional information about STEP is available on the SEDAR website at www.sedar.com, including the Company’s...

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Victoria Gold Discloses Litigation Claim

WHITEHORSE, Yukon, May 12, 2021 (GLOBE NEWSWIRE) — Victoria Gold Corp. (TSX-VGCX) (“Victoria” or the “Company”) announces that a securities class action has been commenced in the Supreme Court of British Columbia, naming as defendants the Company, certain of its directors and officers, and underwriters who participated in a secondary offering of securities of Victoria that was completed in September 2021. The notice of civil claim alleges that certain of Victoria’s public disclosures contained misrepresentations, and advances primary and secondary market claims in relation to the disclosures identified. The Company believes the allegations in the claim are meritless and intends to vigorously defend the action. About the Dublin Gulch PropertyVictoria Gold’s 100%-owned Dublin Gulch gold property (the “Property”) is situated...

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