Month: May 2021

BOUCHERVILLE, Quebec, May 04, 2021 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL) (“Colabor” or the “Corporation”) held its Annual Meeting of shareholders (the “Meeting”) on May 4, 2021. A total of 77,745,115 common shares representing 76.25% of the issued and outstanding shares of the Corporation were represented in person and by proxy at the Meeting. At this Meeting, the following resolutions were approved: Election of Directors The seven candidates nominated as Directors were duly elected to the Board of Directors of Colabor by majority vote, as follows:NAMESIN FAVOR WITHHELDNumber %   Number %  Danièle Bergeron 76,161,724 99.20 % 612,100 0.80 %Robert J. Briscoe 67,536,201 87.97 % 9,237,623 12.03 %J. Michael Horgan 76,201,133 99.25 % 572,691 0.75 %Robert B. Johnston 75,158,020 97.90 % 1,615,804 2.10 %Denis...

VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — Reservoir Capital Corp. (“REO” or the “Company“) announces that it has encountered delays in completing its audited financial statements for the year ended December 31, 2020 because REO, its subsidiary Kainji Power Holding Limited and its primary hydro investments all share a fiscal year ending December 31 and these entities have encountered COVID-19 related delays in preparing their respective financial statements. As a result, the Company has applied for, and has been granted, a Management Cease Trade Order (“MCTO”) by the British Columbia Securities Commission. Because of the delays, the Company will file its annual audited financial statements, management’s discussion and analysis, and CEO and CFO certificates (collectively, the “2020 Annual...

Successful listing on TSXV advances Small Pharma’s bold vision to revolutionize the treatment of patients with mental health conditions through psychedelic-assisted therapies VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — Small Pharma Inc. (formerly Unilock Capital Corp.) (TSXV: DMT) (the “Company” or “Small Pharma”) is pleased to announce that the common shares in the capital of the Company (the “Common Shares”) will commence trading on the TSX Venture Exchange (the “TSXV”) under the ticker symbol “DMT” at the opening of the market on May 6, 2021. On April 29, 2021, the Company announced the closing of its Qualifying Transaction (as defined in TSXV Policy 2.4) (the “Transaction”) with Small Pharma Ltd (“SPL”), a neuropharmaceutical company specialised in IP led development of novel treatments for mental health conditions....

NEW YORK, May 04, 2021 (GLOBE NEWSWIRE) — TCG BDC, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “TCG BDC” or the “Company”) (NASDAQ: CGBD) today announced its financial results for its first quarter ended March 31, 2021. Linda Pace, TCG BDC’s Chief Executive Officer said, “Our first quarter financial results were solid, and we are pleased with the strong momentum in our business. Our fundamental credit performance continues to improve alongside the macroeconomic recovery in the U.S., and as we look forward, we are well positioned to deliver attractive and sustainable income to our shareholders.” Selected Financial Highlights(dollar amounts in thousands, except per share data) March 31, 2021   December 31, 2020Total investments, at fair value $ 1,841,634     $ 1,825,749  Total assets 1,904,087     1,922,613  Total...

DENVER, May 04, 2021 (GLOBE NEWSWIRE) — Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced first quarter 2021 financial and operational results. Recent Financial and Operational HighlightsGenerated free cash flow for the third consecutive quarter Increased pro forma liquidity by 22% compared to year-end Issued $170 million of 3.25% convertible senior notes due 2028 Redeemed at par $127 million of 8.00% second lien senior secured notes due 2025 Delivered first quarter average well costs below $800 per lateral footFinancial Results For the first quarter, Centennial generated net cash from operating activities of $72.3 million and free cash flow1 of $10.6 million. The Company reported a net loss during the quarter of $34.6 million, or $0.12 per diluted share, compared to a net...

Executive Vice President and Chief Financial Officer, Lewis Chew to retire later this year SAN FRANCISCO, May 04, 2021 (GLOBE NEWSWIRE) — Dolby Laboratories, Inc. (NYSE:DLB) today announced that after more than a 30 year career of financial leadership, Lewis Chew, Executive Vice President and Chief Financial Officer has decided to retire later this year and focus more time on his family. The company is initiating a global search to identify its next Chief Financial Officer. During this period, Lewis will continue in his role to support the transition. “Lewis is a distinguished financial leader who has made significant contributions to Dolby over the past nine years,” said Kevin Yeaman, Dolby Laboratories, President and CEO. “While Lewis won’t be retiring until later this year, I want to thank him now for the impact he has made...

HOUSTON, May 04, 2021 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported first-quarter 2021 results and provided an update on other matters. Summary HighlightsReported PAA first-quarter 2021 net cash flow from operations of $791 million and net income of $422 millionDelivered first-quarter 2021 Adjusted EBITDA of $546 millionIncreased 2021 forecasted Free Cash Flow after Distributions by $100 million to +/- $400 million, or $1.15 billion when including anticipated proceeds from asset sales targeted in 2021Lowered total 2021 investment and maintenance capital guidance by $65 million, or 10%Maintained full-year 2021 Adjusted EBITDA guidance of +/- $2.15 billionRemain on track to achieve 2021 asset sales target of +/- $750 million“We delivered first-quarter...

(all amounts in US dollars, unless otherwise noted) VANCOUVER, British Columbia, May 04, 2021 (GLOBE NEWSWIRE) — Ero Copper Corp. (TSX: ERO) (“Ero” or the “Company”) today is pleased to announce its financial results for the three months ended March 31, 2021. Management will host a conference call tomorrow, Wednesday, May 5, 2021, at 11:30 a.m. Eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. HIGHLIGHTSRecord quarterly copper production of 12,638 tonnes and record quarterly C1 cash costs(*) of $0.49 per pound of copper produced driven by strong operational performance including higher grade versus budget at both Pilar and Vermelhos underground mine; Strong quarterly gold production of 9,451 ounces from the Santo Antonio Vein at the NX Gold mine at C1 cash costs(*)...

MINNEAPOLIS, May 04, 2021 (GLOBE NEWSWIRE) — Inspire Medical Systems, Inc. (NYSE: INSP) (“Inspire”), a medical technology company focused on the development and commercialization of innovative and minimally invasive solutions for patients with obstructive sleep apnea, today reported financial results for the quarter ended March 31, 2021. Recent Business HighlightsGenerated revenue of $40.4 million in the first quarter of 2021, an 89% increase over the same quarter last year Reported gross margin of 85.2% in the first quarter of 2021, an increase over the 84.6% reported in the same quarter last year Activated 47 new centers in the U.S. in the first quarter of 2021, bringing the total to 472 U.S. medical centers implanting Inspire therapy Created 10 new U.S. sales territories in the first quarter of 2021, bringing the total to...