Month: May 2021

LA JOLLA, Calif., May 05, 2021 (GLOBE NEWSWIRE) — MediciNova, Inc., a biopharmaceutical company traded on the NASDAQ Global Market (NASDAQ:MNOV) and the JASDAQ Market of the Tokyo Stock Exchange (Code Number: 4875), today announced that it has received a Notice of Intention to Grant from the European Patent Office for a pending patent application which covers the combination of MN-166 (ibudilast) and riluzole for the treatment of amyotrophic lateral sclerosis (ALS). Once issued, the patent maturing from this allowed patent application is expected to expire no earlier than November 2035. The allowed claims cover the combination of MN-166 (ibudilast) and riluzole for use in a method of treating a patient with ALS wherein the treatment results in stabilization of the patient’s scleroses state.   The allowed claims cover a wide range...

CALGARY, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Black Diamond Group Limited (“Black Diamond”, the “Company” or “we”), (TSX:BDI), a leading provider of space rental and workforce accommodation solutions, today announced its operating and financial results for the three months ended March 31, 2021 (the “Quarter”) compared with the three months ended March 31, 2020 (the “Comparative Quarter”). All financial figures are expressed in Canadian dollars. In the first quarter of 2021, Black Diamond reported consolidated revenue of $65.8 million, Adjusted EBITDA of $13.3 million, and core rental revenue of $21.4 million. Key Highlights from the First Quarter of 2021Generated consolidated revenue of $65.8 million and Adjusted EBITDA of $13.3 million, up 46% and 34% from the Comparative...

CALGARY, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General and Special Meeting of Shareholders held May 5, 2021 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at seven, electing seven proposed director nominees, appointment of Ernst & Young LLP as auditors, approval of the amendment and reconfirmation of the Company’s shareholder rights plan and approval of the omnibus long term incentive plan. The results of the voting, inclusive of all votes cast and proxies received for each director nominee, which was conducted by ballot, are as follows:Nominee Votes For Votes WithheldNo. % No. %Ronald Eckhardt 100,792,424 97.6 2,494,054 2.4Bryan...

OTTAWA, Ill., May 05, 2021 (GLOBE NEWSWIRE) — Ottawa Bancorp, Inc. (the “Company”) (OTCQX: OTTW), the holding company for Ottawa Savings Bank, FSB (the “Bank”), announced net income of $0.6 million, or $0.20 per basic and diluted common share for the three months ended March 31, 2021, compared to net income of $0.1 million, or $0.029 per basic and diluted common share for the three months ended March 31, 2020. During the first quarter of 2021, the Company experienced an increase in loan originations which drove growth in the loan portfolio. The loan portfolio, net of allowance, increased to $270.8 million as of March 31, 2021 from $255.1 million as of December 31, 2020. Non-performing loans decreased slightly from $1.9 million at December 31, 2020 to $1.8 million at March 31, 2021, which caused the ratio of non-performing loans...

EDMONTON, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) today announced that it plans to release its first quarter 2021 financial results after markets close on May 17, 2021. Management of Alcanna and Nova Cannabis Inc. (“Nova”) (TSXV: NOVC), Alcanna’s majority owned subsidiary, will conduct a joint conference call on May 18, 2021 at 12:00p.m. ET (10:00a.m. MT) to discuss their respective financial results. To participate, please dial (416) 406-0743 or (800) 806-5484 and use the required participant access code: 3518326#. The playback will be made available approximately four hours after the event at (905) 694-9451 or (800) 408-3053, required access code: 1361632#. ABOUT ALCANNA INC. Alcanna is one of the largest private sector retailers of alcohol in North America and the largest...

Fiscal fourth quarter 2021 revenue of $59.2 million, a 33% increase compared to fiscal fourth quarter 2020 revenue of $44.4 million Fiscal year 2021 revenue of $170.4 million, a 29% increase compared to fiscal year 2020 revenue of $132.5 million Initiates guidance for fiscal year 2022 revenue in the range of $260 million to $265 million, with Adjusted EBITDA in the range of $(38) million to $(42) million Acquisition of 2nd.MD and proposed acquisition of PlushCare increase addressable market to more than $200 billionSEATTLE, May 05, 2021 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by Accolade, Inc. (NASDAQ: ACCD) please note that the entire Consolidated Statements of Operations (unaudited) table has been replaced. The corrected release follows: Accolade, Inc. (NASDAQ: ACCD), the company...

Record Total Company Revenue of $290.5 Million, 2.2% Higher than Last Year and 0.9% Higher Sequentially Electronic Materials Segment Revenue of $242.5 million, 10.8% Higher than Last Year and 2.4% Higher Sequentially Expecting Total Company Revenue for Third Quarter Fiscal 2021 to be Up Mid to High Single Digits SequentiallyFull Year Adjusted EBITDA Guidance Range Increased to Between $370 Million and $390 MillionAURORA, Ill., May 05, 2021 (GLOBE NEWSWIRE) — CMC Materials, Inc. (Nasdaq: CCMP), a leading global supplier of consumable materials primarily to semiconductor manufacturers, today reported financial results for its second quarter of fiscal 2021, which ended March 31, 2021. “We are pleased to announce another quarter of record revenue driven by our continued technology leadership and execution, particularly in our...

CALGARY, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Badger Infrastructure Solutions Ltd. (formerly Badger Daylighting Ltd.) (the “Company” or “Badger”) (TSX: BAD) today announced that it has filed articles of amendment changing its corporate name to “Badger Infrastructure Solutions Ltd.”. The shareholder approval required to authorize the change in the Company’s name was obtained at the Company’s annual and special meeting of shareholders held earlier today. All materials necessary to effect the change in the Company’s name have been filed with the Toronto Stock Exchange (the “TSX”) and, subject to final approval being received from the TSX, it is expected that the Company’s common shares will commence trading under the new name on or about May 11, 2021 and under the trading symbol “BDGI”. No action is required by existing shareholders...

Investors, analysts and other interested parties can access Acadian Timber Corp.’s 2021 First Quarter Results via conference call or webcast on Thursday, May 6, 2021 at 1:00PM ET, please dial 1-866-795-3013 toll free in North America (Canada and the USA), or for overseas calls, please dial 1-409-937-8907 (Conference ID 2159638) at approximately 12:50PM ET. For those unable to participate, a taped rebroadcast will be available until 4:00 pm (Eastern Time) June 5, 2021. To access this rebroadcast, please dial 1-855-859-2056 or 1-404-537-3406 (Conference ID 8716267).EDMUNDSTON, N.B., May 05, 2021 (GLOBE NEWSWIRE) — Acadian Timber Corp. (“Acadian” or the “Company”) (TSX:ADN) today reported financial and operating results1 for the three months ended March 27, 2021 (the “first quarter”). Acadian generated $5.0 million of Free Cash...

CALGARY, Alberta, May 05, 2021 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT), a company headquartered in Calgary, Alberta that focuses on sustainable, conventional oil and gas production, is pleased to announce its unaudited financial and operating results for the three months ended March 31, 2021 (“First Quarter” or “Q1”). All amounts herein are in United States Dollars (“USD”) unless otherwise stated. 2021 First Quarter Highlights: Best-in-Class Balance SheetQuarterly average production was 46,779 barrels of oil equivalent per day (“boe/d”) (consisting of 8,131 barrels per day (“bbls/d”) of light crude oil and medium crude oil, 36,948 bbls/d of heavy crude oil and 10,200 thousand cubic feet per day (“mcf/d’) of conventional natural gas), an increase of approximately...