Day: May 12, 2021

Cornerstone Announces Proceeds of Exercise of Warrants

Cornerstone Announces Proceeds of Exercise of Warrants

OTTAWA, May 12, 2021 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (OTC:CTNXF) announces that since April 30, 2021, holders of warrants to purchase common shares of the Company at an exercise price of $2.00 per warrant (the “Warrants”) have exercised an aggregate 2,400,000 Warrants, resulting in aggregate proceeds to the Company of C$4,800,000 and the issuance of 2,400,000 common shares. The Warrants were issued in connection with a May 2016 financing of the Company and expire on May 12, 2021. The Company expects 166,576 Warrants will expire unexercised. About Cornerstone Cornerstone Capital Resources Inc. is a mineral exploration company with a diversified portfolio of projects in Ecuador and Chile, including the Cascabel gold-enriched copper porphyry...

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CORRECTION From Source - Enthusiast Gaming Provides Correction to Press Release Regarding Number of Gamer Profiles of Tabwire LLC

CORRECTION From Source – Enthusiast Gaming Provides Correction to Press Release Regarding Number of Gamer Profiles of Tabwire LLC

TORONTO, May 12, 2021 (GLOBE NEWSWIRE) — Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX) (TSX:EGLX), (“Enthusiast Gaming” or the “Company”), announces a correction to its press release entitled “Enthusiast Gaming Reports First Quarter 2021 Financial Results” issued today (the “Initial Press Release”). In the Initial Press Release, the Company incorrectly stated Tabwire LLC has 13 billion gamer profiles when the correct number is 13 million gamer profiles. The Company announced today in the press release entitled “Enthusiast Gaming Accelerates Launch of Gaming Social Network and Premium Subscription Offering with Acquisition of Tabwire” that it has entered into a definitive agreement to acquire Tabwire LLC. The correction does not change any other information nor have a material effect on any other information in the Initial Press...

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EarthRenew Closes Acquisition of Replenish Nutrients Ltd.

EarthRenew Closes Acquisition of Replenish Nutrients Ltd.

TORONTO, May 12, 2021 (GLOBE NEWSWIRE) — EarthRenew Inc. (“EarthRenew” or the “Company”) (CSE: ERTH; OTCQB: VVIVF) is pleased to announce that, further to its press release dated May 4, 2021, it has closed the acquisition of Replenish Nutrients Ltd. (“Replenish”), a privately held regenerative fertilizer company located in Okotoks, Alberta. Transaction Effective May 1, 2021, the securityholders of Replenish (the “Vendors”) and EarthRenew entered into a private acquisition agreement (the “Agreement”) whereby EarthRenew acquired all of the issued and outstanding securities of Replenish from the securityholders (the “Transaction”) at a price of approximately $9 million (subject to certain adjustments for working capital and indebtedness outstanding on the completion date of the Transaction), payable as $1.41 million in cash and a...

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Conformis, Inc. to Present at the Canaccord Genuity Musculoskeletal Conference

Conformis, Inc. to Present at the Canaccord Genuity Musculoskeletal Conference

BILLERICA, Mass., May 12, 2021 (GLOBE NEWSWIRE) — Conformis, Inc. (NASDAQ: CFMS), an orthopedic medical device company that features personalized knee and hip replacement products, announced today that Mark Augusti, Chief Executive Officer, and Bob Howe, Chief Financial Officer, will present at the Canaccord Genuity Musculoskeletal Conference. The virtual presentation is scheduled for Thursday, May 20, 2021 at 10:30 a.m. ET. A live webcast of the presentation will be available at https://wsw.com/webcast/canaccord54/cfms/2442655. Conformis management will also be available for one-on-one meetings throughout the conference. For more information about the conference or to schedule a one-on-one meeting with management, please contact your Canaccord representative or Conformis Investor Relations at ir@conformis.com and (781) 374-5598. The...

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Carriage Services Announces Call to Discuss Senior Notes Refinancing and New Intrinsic Value Roughly Right Range

Carriage Services Announces Call to Discuss Senior Notes Refinancing and New Intrinsic Value Roughly Right Range

HOUSTON, May 12, 2021 (GLOBE NEWSWIRE) — Carriage Services, Inc. (NYSE: CSV) today announced that it has scheduled a conference call to discuss its Senior Notes Refinancing Transaction and a new Roughly Right Range of Intrinsic Value. The call will be live via phone on Friday, May 14, 2021 at 9:30 a.m. central time. What: Carriage Services Conference Call to discuss Senior Notes Refinancing and new Intrinsic Value Roughly Right Range When: Friday, May 14, 2021 – 9:30 a.m. central timeHow: Live via phone – By dialing 866-516-3867 (conference ID 5996527) An audio archive of the call will be available by phone until May 19, 2021 by dialing toll-free 855-859-2056 (conference ID 5996527). Carriage Services is a leading provider of funeral and cemetery services and merchandise in the United States. Carriage operates 173 funeral homes...

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Endeavour Silver Announces 2021 Annual General Meeting Results

Endeavour Silver Announces 2021 Annual General Meeting Results

Confirms Management Changes VANCOUVER, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) — Endeavour Silver Corp. (NYSE: EXK; TSX: EDR) announces that at the Company’s 2021 Annual General Meeting (“AGM”) held on May 12, 2021 in Vancouver, shareholders voted in favour of all items of business. A total of 67,521,897 votes were cast or represented by proxy at the AGM, representing 41.25% of the outstanding common shares as of the record date. The following is a tabulation of the votes submitted by proxy: Director Votes for Votes withheld Percent for Percent withheld Margaret M. Beck         34,983,870 749,106 97.90% 2.10% Ricardo M. Campoy 35,070,420 662,556 98.15% 1.85% Bradford J. Cooke 33,801,339 1,931,637 94.59% 5.41% Geoffrey A. Handley 33,025,727 2,707,250 92.42% 7.58% Rex J. McLennan 34,891,330 841,646 97.64% 2.36% Kenneth...

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Mandalay Resources Corporation Announces Financial Results for the First Quarter of 2021

Mandalay Resources Corporation Announces Financial Results for the First Quarter of 2021

TORONTO, May 12, 2021 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to announce its financial results for the quarter March 31, 2021. The Company’s condensed and consolidated interim financial results for the quarter ended March 31, 2021, together with its Management’s Discussion and Analysis (“MD&A”) for the corresponding period, can be accessed under the Company’s profile on www.sedar.com and on the Company’s website at www.mandalayresources.com. All currency references in this press release are in U.S. dollars except as otherwise indicated. First Quarter 2021 Highlights: Quarterly revenue of $52.6 million; highest since Q2 2016; Adjusted EBITDA of $26.1 million; third highest in Company’s history; Adjusted net income of $5.6 million...

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Vaalco Energy, Inc. Announces First Quarter 2021 Results

Vaalco Energy, Inc. Announces First Quarter 2021 Results

Reports Net Income of $9.9 Million, or $0.17 per Diluted Share HOUSTON, May 12, 2021 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY, LSE: EGY) today reported operational and financial results for the first quarter of 2021. Highlights and Recent Key Items: Reported strong Q1 2021 net income of $9.9 million ($0.17 per diluted share) and Adjusted Net Income(1) of $8.7 million ($0.15 per diluted share); Generated Adjusted EBITDAX(1) of $18.0 million, more than five times compared to the fourth quarter of 2020; Sold 619,000 barrels of oil in Q1 2021, an increase of 113% over the fourth quarter of 2020; Produced 5,180 net revenue interest (“NRI”)(2) barrels of crude oil per day (“BOPD”), or 5,954 working interest (“WI”)(3) BOPD in Q1 2021, up 11% from the fourth quarter of 2020; Closed the transformational acquisition of Sasol’s...

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Firm Capital Mortgage Investment Corporation Announces the Declaration of July, August and September Monthly Cash Dividends

Firm Capital Mortgage Investment Corporation Announces the Declaration of July, August and September Monthly Cash Dividends

TORONTO, May 12, 2021 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation“) (TSX: FC) is pleased to announce that its board of directors has declared a monthly cash dividend of $0.078 per common share (subject to adjustment at the discretion of the board of directors) payable on the date set out below to holders of common shares of record at the close of business on the record date set out below: Record Date    Dividend Payment Date July 30, 2021   August 16, 2021 August 31, 2021   September 15, 2021 September 30, 2021    October 15, 2021 The Corporation has in place a Dividend Reinvestment Plan (“DRIP”) and Share Purchase Plan (“Plan”) that is available to its shareholders. Shareholders are reminded that they can participate in the DRIP and the Plan. Participant shareholders...

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Canadian General Investments, Limited Enters Into Prime Brokerage Services Agreement

Canadian General Investments, Limited Enters Into Prime Brokerage Services Agreement

TORONTO, Canada, May 12, 2021 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (TSX: CGI; TSX: CGI.PR.D; LSE: CGI) (CGI or the Company) announced today that it has entered into a prime brokerage services agreement with a Canadian chartered bank. Margin borrowing of $100 million under this new facility has been used to extinguish the $100 million borrowed under a one-year secured non-revolving term credit facility that was scheduled to mature on May 12, 2021. Proceeds will continue to be used on an ongoing basis as part of CGI’s overall leverage strategy. CGI has engaged in a leverage strategy since its first issuance of Class A preference shares in 1998 in an effort to enhance returns to common shareholders. FOR FURTHER INFORMATION PLEASE CONTACT: Canadian General Investments, Limited Jonathan A. Morgan President and...

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