Day: May 13, 2021

Canacol Energy Ltd. Reports Q1 2021 Results and the Third Consecutive Quarterly Increase in Natural Gas Sales Volumes and EBITDAX

Written by Customer Service on May 13, 2021. Posted in Public Companies.

CALGARY, Alberta, May 13, 2021 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to report its financial and operating results for the three months ended March 31, 2021. Dollar amounts are expressed in United States dollars, except as otherwise noted. Charle Gamba, President and CEO of the Corporation, commented: “Canacol’s natural gas sales have proven resilient, even amidst the severe COVID-19 crisis in Colombia and the outlook remains bright for when things normalize. In April 2021, we provided a new resource estimate for our gas exploration blocks in the Lower and Middle Magdalena Basins, showing an unrisked mean prospective resource potential of 5.7 trillion cubic feet net to Canacol, and a risked mean prospective resource of 1.7 trillion cubic feet, estimated...

WPT Industrial REIT Announces First Quarter 2021 Results

Written by Customer Service on May 13, 2021. Posted in Public Companies.

Expanded private capital partnership, reduced leverage, strong operating and cash flow results TORONTO, May 13, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN; OTCQX: WPTIF) announced today its results for the three months ended March 31, 2021. All dollar amounts are stated in U.S. funds. Highlights:Created a new joint venture, seeded with 13 stabilized investment properties with a value of approximately $370 million Generated $8.5 million of private capital fee revenue Collected 99.8% of billed rent for the quarter, continuing the REIT’s record of strong rent collections Same properties NOI increased 2.5% driven by strong leasing spreads over the last year FFO and AFFO per unit increased 62.0% and 86.9% over the same period last year On balance sheet Debt-to-assets decreased...

Cardinal Energy Ltd. Announces First Quarter 2021 Financial Results and Increased 2021 Budget

Written by Customer Service on May 13, 2021. Posted in Public Companies.

CALGARY, Alberta, May 13, 2021 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal” or the “Company“) (TSX: CJ) is pleased to announce its operating and financial results for the first quarter ended March 31, 2021. Selected financial and operating information is shown below and should be read in conjunction with Cardinal’s unaudited condensed interim financial statements and related Management’s Discussion and Analysis for the three months ended March 31, 2021 which are available at www.sedar.com and on our website at www.cardinalenergy.ca. HIGHLIGHTSGenerated $16.1 million of adjusted funds flow, an 8% increase over the same period in 2020 and a 19% increase over the prior quarter. Excluding realized hedging losses, adjusted funds flow was $30 million; Maintained discipline while executing...

Thin Film Electronics ASA – Mandatory Notice of Trade for Primary Insiders

Written by Customer Service on May 13, 2021. Posted in Public Companies.

Oslo, 14 May 2021 Reference is made to the announcement by Thin Film Electronics ASA (“Thinfilm”) on 12 May 2021 regarding anti-dilutive subscription rights grants to employees and directors under Thinfilm’s 2020 Subscription Rights Incentive Plans for employees and directors, respectively (“Anti-dilutive Grants”). Primary insiders in Thinfilm received Anti-dilutive Grants as follows: On 12 May 2021, Kevin Barber, CEO of Thinfilm, was granted 28,091,551 incentive subscription rights (“SRs”) in the Company. The exercise price of the SRs is NOK 0.7757 per share. On 12 May 2021, David Williamson, acting CFO of Thinfilm, was granted 4,137,701 SRs in the Company. The exercise price of the SRs is NOK 0.7757 per share. On 12 May 2021, Arvind Kamath, EVP technology development & manufacturing in the Thinfilm...

Itafos Reports Strong Q1 2021 Results, Raising Full-Year 2021 Guidance

Written by Customer Service on May 13, 2021. Posted in Public Companies.

Q1 2021 Key Highlightsrevenues of $90.1 million adjusted EBITDA of $20.7 million net income of $1.9 million free cash flow of $14.8 millionRevised FY 2021 Guidanceincreased adjusted EBITDA guidance to $95-105 million maintained maintenance capex guidance at $20-25 million increased growth capex guidance to $12-17 million increased free cash flow guidance to $40-50 millionCEO Commentary “We delivered excellent operational and financial performance during Q1 2021, generating adjusted EBITDA at Conda of $24.2 million and $20.7 million on a consolidated basis,” said G. David Delaney, CEO of Itafos. “Our Q1 2021 results reflect significantly improved market fundamentals and continued strong operational performance at Conda. We expect these positive trends to continue and have increased our full year guidance for 2021 accordingly.” “In...

Liberty Gold Reports Q1 2021 Financial and Operating Results

Written by Customer Service on May 13, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, May 13, 2021 (GLOBE NEWSWIRE) — Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”), is pleased to announce its financial and operating results for the three months ended March 31, 2021. All amounts are presented in United States dollars (“USD”) unless otherwise stated. Liberty Gold is focused on advancing a pipeline of Carlin-Style gold deposits in the Great Basin, U.S.A., a mining-friendly jurisdiction that is home to large-scale oxide gold systems ideal for open-pit heap leach mining. The Great Basin covers portions of the states of Nevada, Utah and Idaho. The Company has a proven track-record in discovery and building value in this region. HIGHLIGHTS: At Black Pine we announced the final results from 2020 metallurgical core drilling, highlights...

Gran Colombia Announces First Quarter 2021 Results; Files National Instrument 43-101 Technical Report for Its Segovia Operations

Written by Customer Service on May 13, 2021. Posted in Public Companies.

TORONTO, May 13, 2021 (GLOBE NEWSWIRE) — Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today the release of its unaudited interim condensed consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the three months ended March 31, 2021. All financial figures contained herein are expressed in U.S. dollars (“USD”) unless otherwise noted. First Quarter 2021 HighlightsIn February 2021, Gran Colombia successfully brought its spin out of the Marmato Mining Assets to a conclusion, one in which the Company has a continuing equity ownership of 44.3% in the new, fully financed, Aris Gold Corporation (“Aris”). The Company also added a 27.3% equity interest in Denarius Silver Corp. (“Denarius”) to its portfolio in the first quarter of 2021, giving it exposure to the Lomero-Poyatos...

CN Proposal Deemed Superior by Kansas City Southern

Written by Customer Service on May 13, 2021. Posted in Mergers And Acquisitions.

CN’s enhanced proposal of $3251 per share values KCS at an enterprise value of $33.6 billion With Confirmatory Due Diligence Complete, CN Looks Forward to Promptly Entering into Merger Agreement with KCS MONTREAL, May 13, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR, NYSE: CNI) today announced that following the completion of confirmatory due diligence, it submitted an enhanced binding superior proposal and merger agreement to the Kansas City Southern (NYSE: KSU) (“KCS”) Board of Directors. The KCS Board has determined CN’s proposal to be a “Company Superior Proposal” and has announced its intention to terminate the previously executed March 21, 2021 merger agreement with Canadian Pacific Railway Limited (TSX: CP, NYSE: CP) (“CP”). CN looks forward to promptly entering into a definitive merger agreement with KCS to create the premier railway...

CORRECTION to Certain Line Items Within the Adjusted EBITDA Table — Chicken Soup for the Soul Entertainment Reports Q1 2021 Results

Written by Customer Service on May 13, 2021. Posted in Public Companies.

75% Q1 net revenue growth year-over-year reinforces outlook for 2021 Fully integrated business model driving revenue growth and profitability COS COB, Conn., May 13, 2021 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE) please note that certain changes were made in the Adjusted EBITDA table, specifically in the following lines: Film library and program rights amortization, Share-based compensation expense and Reserve for bad debt and video returns. The corrected release follows: Chicken Soup for the Soul Entertainment, Inc. (Nasdaq: CSSE), one of the largest operators of streaming advertising-supported video-on-demand (AVOD) networks, today announced its financial results for the first quarter ended March 31, 2021. “Our first quarter results...

Microbix Reports Record Results for Q2 Fiscal 2021

Written by Customer Service on May 13, 2021. Posted in Public Companies.

Record Q2 Sales of $4.35 million, Record Net Earnings of $0.8 million MISSISSAUGA, Ontario, May 13, 2021 (GLOBE NEWSWIRE) — Microbix Biosystems Inc. (TSX: MBX, OTCQB: MBXBF, Microbix®), a life sciences innovator and exporter, reports results for its second quarter and first half of fiscal 2021 ending March 31, 2021 (“Q2” and “H1”), with record sales and earnings, plus progress upon its strategic goals. Management Discussion Q2 revenues were up 51% from 2020, achieving a record level of $4.35 million as Microbix continues to emphasize its sales of innovative, proprietary, and branded medical devices. Sales of its test quality assessment products (“QAPs™”) for Q2 increased 251% from the same period in fiscal 2020 (Q2 2020) to reach a record 34% of total sales. Microbix’s newest product line, viral transport medium (branded “DxTM™”)...

Day: May 13, 2021

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