Month: May 2021

VANCOUVER, British Columbia, May 17, 2021 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc., (CSE: RWB)(OTCQX: RWBYF) (the “Company” or “RWB”) is providing this update on the status of a management cease trade order granted on May 3, 2021 (the “MCTO”) by the British Columbia Securities Commission under National Policy 12-203 – Management Cease Trade Order (“NP 12-203”). On May 3, 2021, the Company announced that, for reasons disclosed in the news release, there would be a delay in the filing of its financial statements and accompanying management’s discussion and analysis for the fiscal year ended December 31, 2020 (the “Annual Filings”) beyond the period prescribed under applicable Canadian securities laws (the “Default Announcement”). The Company reports that it anticipates...

CALGARY, Alberta, May 17, 2021 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced an update on the impact of the ongoing national protests in Colombia on the Company’s operations. All production volumes are unaudited and on a working interest before royalties (“WI”) basis and are expressed in barrels of oil per day (“bopd”), unless otherwise stated. Key Highlights: Colombian National Protests and Blockades:As has been widely reported in the media, there are a number of protests and blockades across Colombia. Several key transportation routes have been blockaded throughout the country, actions which have led to food, fuel and medicine shortages in both urban and rural communities. All Colombian industries have been widely and negatively impacted as...

EDMONTON, Alberta, May 17, 2021 (GLOBE NEWSWIRE) — Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) today reported its financial results for the three months ended March 31, 2021.   First Quarter Financial Results and Business Update In Q1 2021, Alcanna’s liquor division continued the strong performance achieved in 2020. Same-store liquor sales from continuing operations rose by 7.9% and gross margin dollars from the liquor division from continuing operations increased 7.5% to $27.7 million from $25.8 million.The Company believes these increases are primarily a result of: (i) the change in pricing strategy that was implemented in 2019 and 2020, and has continued into 2021, which was designed to regain lost market share and grow the customer base; and (ii) shifting customer consumption habits due to more people dining and...

BOCA RATON, Fla., May 17, 2021 (GLOBE NEWSWIRE) — Spectrum Global Solutions, Inc. (the “Company”) (OTCQB:SGSI) reported financial results for the three months ended March 31, and provides a Management Discussion and Analysis. The impact of COVID-19 was evident in the Company’s First Quarter revenues. However, our overall business performance has improved year over year. Here are some of the highlights from Q1 2021:Operating loss was narrowed to $559k from over $900k for the same quarter 2020Of this loss, $430k is related to corporate overhead and the cost of being public $28k was related to one-time costs associated with the costs of acquisitions and financing related activitiesNet Loss per share of $0.53 compared to $4.89 Operating loss from the business units was $112k compared to $193k – a 42% improvementApproximately...

Strengthens Balance Sheet via Shares for Debt Settlements TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — EarthRenew Inc. (“EarthRenew” or the “Company”) (CSE: ERTH; OTCQB: VVIVF) is pleased to announce that Mr. Neil Weins has been appointed to the Company’s board of directors and will serve as the Company’s chief technical officer and head of sales, each appointment to be effective immediately. Mr. Weins will also continue to serve as the President of EarthRenew’s recently acquired wholly owned subsidiary, Replenish Nutrients Ltd. (“Replenish”). Please see the company’s press release dated May 12, 2021 for more information about the acquisition, which is available on the Company’s SEDAR and Canadian Securities Exchange profiles at www.sedar.com and www.theCSE.com, respectively. Neil has been a serial entrepreneur over the past 20 years....

TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQB:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at April 30, 2021, its unaudited net asset value per share (“NAV”) was $1.22.   This announcement is made based on ThreeD’s newly established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information. Use of Non-GAAP Financial Measures: This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less...

TORONTO, May 17, 2021 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (the “Trust”), (TSXV: FCA.UN), (TSXV: FCA.U) is pleased to announce that it plans to file an application with the TSX Venture Exchange (the “Exchange“) to commence a normal course issuer bid (the “Bid“) to purchase up purchase up to (i) 619,750 of its trust units (“Trust Units“), being equal to 10% of the Public Float (as defined in the policies of the Exchange) and (ii) CAD$1,936,700 principal amount of the 6.25% convertible unsecured subordinated debentures of the Trust due June 30, 2026 (“Debentures “) (TSXV:FCA.DB), being equal to 10% of the Public Float (as defined in the policies of the Exchange). The Bid remains subject to the approval of the Exchange but if approved will remain in...

EDMONTON, Alberta, May 17, 2021 (GLOBE NEWSWIRE) — Melcor Developments LTd. (TSX: MRD) invites shareholders and guests to attend its annual general and special meeting on Thursday, May 20, 2021 at 11:00am MT (1:00pm ET). Shareholders and guests may attend and ask questions at this year’s virtual AGM. Shareholders may vote online with their Control Number. If internet access is not available to you, you will be able to listen and ask questions via conference call; however, you will not be able to see the presentation and you will need to vote in advance for your vote to count. Instructions on how to attend via your method of choice are provided below. Please read carefully and ensure that you are choosing one method that best suits your needs. You are encouraged to vote in advance if you cannot attend the meeting. Real-time voting...

EDMONTON, Alberta, May 17, 2021 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX: MR.UN) invites unitholders and guests to attend its annual general meeting on Thursday, May 20, 2021 at 9:30am MT (11:30am ET). Unitholders and guests may attend and ask questions at this year’s virtual AGM. Unitholders may vote online with their Control Number. If internet access is not available to you, you will be able to listen and ask questions via conference call; however, you will not be able to see the presentation and you will need to vote in advance for your vote to count. Instructions on how to attend via your method of choice are provided below. Please read carefully and ensure that you are choosing one method that best suits your needs. You are encouraged to vote in advance if you cannot attend the meeting. Real-time voting...

RADNOR, Pa., May 17, 2021 (GLOBE NEWSWIRE) — BM Technologies Inc. (NYSE American: BMTX) (“BM Technologies,” “BMTX,” “we,” or the “Company”) one of the largest digital banking platforms in the country, today reported record results for first quarter 2021. FINANCIAL HIGHLIGHTSQ1 2021 GAAP revenues of $24.4 million, a 55% increase compared to Q1 2020. Q1 2021 core1 revenues were $24.1 million, a 54% increase compared to Q1 2020. GAAP net income of $18.9 million, compared to a loss of $4.5 million in Q1 2020. Q1 2021 includes a $15.0 million gain on the fair value of private warrant liability; diluted earnings per share equaled $0.25, compared to $(0.74) per share in Q1 2020. EBITDA of $8.7 million; EBITDA margin expanded to 36% in Q1 2021 compared to (6)% in Q1 2020. Continued positive operating leverage, as Q1 2021 core revenue...