Month: May 2021

Osisko Announces Annual Shareholder Meeting Results

Written by Customer Service on May 31, 2021. Posted in Public Companies.

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Osisko Mining Inc. (TSX:OSK. “Osisko” or the “Corporation”) is pleased to announce the results of its annual meeting of shareholders (the “Meeting”) held earlier today. A total of 262,643,293 common shares of the Corporation were represented at the Meeting, representing approximately 73.29% of the total number of common shares of the Corporation issued and outstanding. All matters presented for approval at the Meeting were duly authorized and approved, as follows: (i) election of all management nominees to the board of directors of the Corporation (details in table below); and (ii) appointment of PricewaterhouseCoopers LLP as auditors of the Corporation for the ensuing year and authorization of the directors to fix their remuneration.Name Voted...

Eve & Co Announces Operating Highlights and Financial Results for the Three Months Ended March 31, 2021

Written by Customer Service on May 31, 2021. Posted in Public Companies.

STRATHROY, Ontario, May 31, 2021 (GLOBE NEWSWIRE) — Eve & Co Incorporated (the “Company” or “Eve & Co”) (TSX-V: EVE; OTCQX: EEVVF) is pleased to announce its operating highlights and financial results for the quarter ended March 31, 2021. The financial statements and management’s discussion and analysis for such period are available on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com and on Eve & Co’s website at www.evecannabis.ca. Operating HighlightsThe Company recognized gross sales of cannabis to the adult-use and wholesale markets of $2.47 million as compared to $0.47 million for the quarter ended March 31, 2020, representing an increase of 430%; During the first quarter of 2021, the Company completed an additional shipment of European Union certificate...

Wesdome Announces Closing of Previously Announced Sale of the Moss Lake Project to Goldshore Resources

Written by Customer Service on May 31, 2021. Posted in Public Companies.

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) is pleased to announce that it has closed the previously announced sale of the Moss Lake Project (the “Transaction”) to Goldshore Resources Inc. (“Goldshore”). Wesdome received initial aggregate consideration of $57M, comprised of the following:Initial cash payment of $12.5 million; 30,085,000 Goldshore common shares acquired through Wesdome’s wholly-owned subsidiary Moss Lake Gold Mines Ltd. (“Moss Lake”), having a current aggregate value of $19.6 million and representing 30% of the issued and outstanding common shares of Goldshore following completion of the Transaction on a non-diluted basis; $20 million in common shares of Goldshore in the form of milestone payments consisting of:$5 million within 12 months of closing; $7.5...

Skylight Health Group Reports Record First Quarter 2021 Financial Results

Written by Customer Service on May 31, 2021. Posted in Earnings Releases And Operating Results.

Revenue Grew 76% Year over Year and 62% Sequentially TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Skylight Health Group Inc. (TSXV:SHG; OTCQX: SHGFF) (“Skylight Health” or the “Company”), a multi-state primary care management group in the United States, today announced its financial results for the first quarter ended March 31, 2021. First Quarter Financial Highlights:Revenue increased 76% to $5.2 million, compared to $2.9 million for the same period last year, and up 62% from $3.2 million in the fourth quarter of 2020. Gross profit margin was 69% for the quarter, compared to 65% for the same period last year, and 68% for the fourth quarter of 2020. Adjusted EBITDA improved 35% with a loss of $1.3 million, compared to a loss of $2.1 million in the fourth quarter of 2020, and a loss of $0.6 million the same period last year. Cash...

Crown Point Announces Stock Option Grant

Written by Customer Service on May 31, 2021. Posted in Public Companies.

CALGARY, Alberta, May 31, 2021 (GLOBE NEWSWIRE) — TSX-V: CWV: Crown Point Energy Inc. (the “Company”) announces that the board of directors of the Company has granted, pursuant to the Company’s stock option plan, 2,175,000 options to directors and officers of the Company and its subsidiaries. Each option entitles the holder thereof to purchase one common share of the Company at an exercise price of C$0.20 per common share, and is exercisable for a period of five years from the date of grant. About Crown Point Crown Point Energy Inc. is an international oil and gas exploration and development company headquartered in Calgary, Canada, incorporated in Canada, trading on the TSX Venture Exchange and operating in Argentina. Crown Point’s exploration and development activities are focused in three producing basins in Argentina,...

Fountain Asset Corp. Announces its Financial Results for the Quarter Ended March 31, 2021

Written by Customer Service on May 31, 2021. Posted in Earnings Releases And Operating Results.

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) would like to announce its financial results for the three months ended March 31, 2021 (“Q1/21”). Highlights from Q1/21:Adjusted net asset value (“ANAV”) of $28.32 million ($0.46 per share) at March 31, 2021 compared to $23.46 million ($0.40 per share) at December 31, 2020, representing a 21% increase quarter over quarter on an ANAV basis and a 15% increase on a per share basis. ANAV reflects the net asset value plus the amount of available tax loss pools available; Net comprehensive income of $4.84 million compared to net comprehensive loss of $2.04 million for three months ended March 31, 2020 (“Q1/20”); Total revenue from investment activity was $5.05 million compared to total revenue loss of $1.86 million for Q1/20; Net realized...

BetterLife Announces Marketed Public Offering of Units for up to $2.6 Million

Written by Customer Service on May 31, 2021. Posted in Public Companies.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, May 31, 2021 (GLOBE NEWSWIRE) — BetterLife Pharma Inc. (“BetterLife” or the “Company”) (CSE: BETR / OTCQB : BETRF / FRA: NPAU ), is pleased to announce that it has entered into an agreement with Research Capital Corporation as sole agent and sole bookrunner (the “Agent”) in connection with a marketed public offering of units of the Company (the “Units”) at a price of $0.40 per Unit for gross proceeds of up to $2,610,000 (the “Offering”). Each Unit shall be comprised of one common share of the Company (a “Common Share“) and one Common Share purchase warrant of the Company (a “Warrant“). Each Warrant shall entitle the holder thereof to purchase one Common Share at an exercise price of $0.50 expiring...

Eguana Announces 2nd Quarter 2021 Financial Results

Written by Customer Service on May 31, 2021. Posted in Earnings Releases And Operating Results.

CALGARY, Alberta, May 31, 2021 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (“Eguana” or the “Company“) (TSX-V: EGT, OTCQB: EGTYF) today announced results for its second fiscal quarter ended March 31, 2021. “The Company successfully raised $20 million during the second quarter, and we directed a portion of those funds to strategically position raw materials to scale the business for the second half of the year where we expect to return to record setting revenue quarters,” commented Eguana CEO Justin Holland. “Operations during the second quarter were virtually halted as a result of global logistics congestion in worldwide shipping ports, however the supply team was able to mitigate risk going forward by positioning raw materials, which we expect to bring increasing predictability in shipments and revenue...

Nobel29 Announces Shareholder Approval of Proposed Name Change and Continuation to Ontario

Written by Customer Service on May 31, 2021. Posted in Public Companies.

TORONTO, May 31, 2021 (GLOBE NEWSWIRE) — Nobel29 Resources Corp. (TSX-V: NBLC) (“Nobel” or the “Company”) is pleased to announce that at its special meeting of common shareholders held on May 31, 2021, the common shareholders approved all matters put before them, including the continuation by the Company from British Columbia to Ontario (the “Continuation”) and the change of name from “Nobel29 Resources Corp.” to “Nobel Resources Corp.” (the “Name Change”). Each of the Continuation and the Name Change were approved by 100% of votes cast by common shareholders. The Name Change is subject to the final approval of the TSXV Venture Exchange (“TSXV”). Completion of both the Consolidation and the Name Change are expected to occur in early June 2021. The Company’s ticker symbol on the TSXV, “NBLC”, will not be changed in connection with...

Atlantic Petroleum – Condensed Consolidated Interim Report – 1st Quarter 2021

Written by Customer Service on May 31, 2021. Posted in Earnings Releases And Operating Results.

Tórshavn, Faroe Islands, 2021-05-31 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ Copenhagen: ATLA DKK) today posts its 1st quarter results for 2021. This announcement should be read in conjunction with Atlantic Petroleum’s Condensed Consolidated Interim Report, which is released separately and posted on the Company’s website. Highlights for Q1 2021: G&A cost was DKK 0.6MMOperating profit was DKK 6.2MMNet profit was DKK 2.6MMNet assets/share-holders equity was DKK -97.3MMBank debt was DKK 58.0MM Atlantic Petroleum in brief: Atlantic Petroleum participates in oil and gas joint ventures with reputable, international partners. Atlantic Petroleum P/F is based in Tórshavn, Faroe Islands, and the Company currently has subsidiaries and offices in the UK. Atlantic Petroleum’s shares are listed on NASDAQ OMX Copenhagen. Further Details: Further...

Month: May 2021

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