Day: May 28, 2021

PGS Commences Cyprus Vision Data Rejuvenation

Written by Customer Service on May 28, 2021. Posted in Public Companies.

PGS has begun the first phase of the Cyprus Vision data rejuvenation project in partnership with the Cypriot Ministry for Energy, Commerce and Industry.Revealing Prospectivity in Cypriot EEZ This 14 750 sq. km PSDM re-processing endeavor will deliver a single data volume over several highly prospective blocks in the Cypriot EEZ. Enhanced processing flows will add significant value to four input surveys, which were acquired between 2013 and 2017. The final re-processed Cyprus Vision volume will be delivered on a common grid. “Cyprus has attracted strong industry interest in its context in the wider Eastern Mediterranean region. Multiple commercial gas discoveries have been made in recent years, most notably Zohr, Calypso, and Glaucus, and there is also the possibility of pre-salt Miocene sand-hosted reservoirs,” says Joshua...

Shawcor Announces Leadership Change

Written by Customer Service on May 28, 2021. Posted in Public Companies.

TORONTO, May 28, 2021 (GLOBE NEWSWIRE) — Shawcor Ltd. (“Shawcor” or the “Company”) (TSX: SCL) announced today that Steve Orr will retire as Chief Executive Officer and director of the Company effective June 1, 2021. Current President, Mike Reeves, will succeed him and will also be appointed as a director on that date. Following his retirement, Mr. Orr will continue to support the Company in an advisory role. Steve joined Shawcor in 2013 as President and was appointed President and CEO in May of 2014. Under his leadership, Shawcor has prioritized employee health & safety, diversified its portfolio of technology and products, embraced opportunities to lead positive change around environmental, social and governance matters and has become a fundamentally more efficient organization. Shawcor’s Chair, Derek Blackwood, said,...

Razor Energy Corp. Announces First Quarter 2021 Results

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 28, 2021 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV: RZE) announces its first quarter 2021 financial and operating results. Selected financial, operational and reserves information is outlined below and should be read in conjunction with Razor’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the quarter ended March 31, 2021 which are available on SEDAR at www.sedar.com and the Company’s website www.razor-energy.com. Q1 2021 HIGHLIGHTS FinancingThe Company renewed the Amended Term Facility with AIMCo (the “AIMCo Term Loan”) on February 16, 2021. The maturity date of the AIMCo Term Loan was extended to January 31, 2024. There were no additional proceeds received as part of this renewal. The Company also entered into a new...

Jushi Holdings Inc. Reports First Quarter 2021 Financial Results and Delay in Filing of Annual and 2021 Q1 Filings

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

First Quarter 2021 HighlightsTotal revenue of $41.7 million, an increase of 29.0% sequentially Gross profit of $20.1 million, an increase of 14.1% sequentially Net loss of $26.1 million, driven primarily by the increase in the derivative warrant liability, interest expense, income tax expense, and losses on debt extinguishment Adjusted EBITDA1 of $3.0 million $167.9 million of cash and cash equivalents and investments in securities on the balance sheet as of March 31, 20211 Adjusted EBITDA, which is a non-IFRS measure, excludes certain items which are detailed and reconciled to the most comparable IFRS-reported measure in the attached “Reconciliation of Non-IFRS Measures” at the end of this press release. BOCA RATON, Fla., May 28, 2021 (GLOBE NEWSWIRE) — Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF),...

Media Central Corporation Report on Financial Results for the Three Months Ended March 31, 2021

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, May 28, 2021 (GLOBE NEWSWIRE) — Media Central Corporation Inc. (CSE: FLYY, FSE: 3AT) (“Media Central” or the “Company” or “we” or “us”) on May 27, 2021, released first quarter financial statements and Management Discussion & Analysis for the quarter ended March 31, 2021. (Please note that Investors are cautioned against inferring future financial results on the basis of the results as the Company’s two significant operational assets: NOW Magazine and The Georgia Straight have been materially affected by the economic environment resulting from the COVID19 virus since March 2020) “The results of the first quarter reflect considerable improvements over last year,” said Manos Pavlakis, Chairman of the Board. “We continue to work with management to eliminate the cost of excessive corporate and administrative...

Jiayin Group Inc. to Release First Quarter 2021 Unaudited Results on Monday, June 7, 2021

Written by Customer Service on May 28, 2021. Posted in Public Companies.

SHANGHAI, China, May 28, 2021 (GLOBE NEWSWIRE) — Jiayin Group Inc. (“Jiayin” or the “Company”) (NASDAQ: JFIN), a leading fintech platform in China, today announced that it will release its financial results for the first quarter 2021 before the U.S markets open on Monday, June 7, 2021. The company will conduct a conference call on Monday, June 7, 2021 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time). What: Jiayin Group First Quarter 2021 Earnings Conference Call When: 8:00 am U.S. Eastern time on Monday, June 7th, 2021 Webcast: http://ir.jiayin-fintech.com/ Please register in advance to join the conference using the link provided below and dial in 10 minutes before the call is scheduled to begin. Conference access information will be provided upon registration. Participant...

Auxly Reports Q1 2021 Financial Results

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, May 28, 2021 (GLOBE NEWSWIRE) — Auxly Cannabis Group Inc. (TSX – XLY) (OTCQX: CBWTF) (“Auxly” or the “Company“) today released its financial results for the three months ended March 31, 2021. These filings and additional information regarding Auxly are available for review on SEDAR at www.sedar.com. Q1 2021 Highlights and Subsequent EventsRecorded net revenues of $10M for the three months ended March 31, 2021, an increase of 1% from the same period in 2020. Maintained leadership position in Cannabis 2.0 product sales with approximately 12.6% national market share1 in the quarter. SG&A declined another 5% from the previous quarter. Continued to launch new innovative products to the Canadian market with the introduction of the Company’s first cannabis concentrate, 232 Series Diamonds...

Form 8.3 – [AUGEAN PLC – Opening Declaration – 27 05 2021] – (HHL)

Written by Customer Service on May 28, 2021. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION(a) Full name of discloser: HARGREAVE HALE LIMITED(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree AUGEAN PLC(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e) Date position held/dealing undertaken: For an opening...

Saint Jean Carbon Closes Acquisition of Solid Ultrabattery

Written by Customer Service on May 28, 2021. Posted in Mergers And Acquisitions.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, May 28, 2021 (GLOBE NEWSWIRE) — With reference to its prior news release dated February 10, 2021, March 12, 2021, March 16, 2021, April 8, 2021 and April 30, 2021, Saint Jean Carbon Inc. (“Saint Jean” or the “Company”) (TSX-V: SJL) is pleased to announce that it has closed the acquisition of Solid Ultrabattery Inc. (“SUB”), a private Ontario company involved in the research and development of solid state batteries (the “Acquisition”). Saint Jean funded the Acquisition by issuing 22 million common shares in the capital of the Company (the “Common Shares”) at a price of $0.06 per Common Share for a deemed aggregate purchase price of CAD $1,320,000. Dr. Zhongwei Chen, Canada Research Chair at the University of Waterloo, is a...

Company announcement: Interim financial report – Q1 2021

Written by Customer Service on May 28, 2021. Posted in Earnings Releases And Operating Results.

Company announcement: Interim financial report – Q1 2021 No. 5/2021 Please find the Interim financial report – Q1 2021 in the attachment. For further information please contact Thomas Nybo Stenager, CFO, at +45 41 32 93 97.AttachmentsCompany announcement 5_2021Frontmatec Interim Report Q1 2021

Day: May 28, 2021

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