Day: June 15, 2021

Vigil Health Solutions Reports Profitable Fiscal 2021

Vigil Health Solutions Reports Profitable Fiscal 2021

VICTORIA, British Columbia, June 15, 2021 (GLOBE NEWSWIRE) — Vigil Health Solutions Inc. (“Vigil”) announces the results of operations for the fiscal year and the fourth quarter, ending March 31, 2021. Developments Revenue of $6.02 million up 31% from $4.61 million in the year ended March 31, 2020. Net and comprehensive income of $706 thousand compared to net loss of $552 thousand in fiscal 2020. Adjusted EBITDA of $1.01 million compared to negative adjusted EBTIDA of $470 thousand. Sales bookings of $5.48 million up 5% from $5.22 million in fiscal 2020. “It has been a year of unprecedented challenges and I would argue that no industry has felt the impact of COVID-19 more than senior living. Amongst the terrible loss, we saw heroic efforts from healthcare professionals around the globe. In just one client example, staff at a...

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Cal Water Files Updated Water Shortage Contingency Plan, Expands Conservation Program to Support Customers Amid Current Drought

Cal Water Files Updated Water Shortage Contingency Plan, Expands Conservation Program to Support Customers Amid Current Drought

SAN JOSE, Calif., June 15, 2021 (GLOBE NEWSWIRE) — As part of its drought management and response plan, California Water Service (Cal Water) filed its updated Water Shortage Contingency Plan (Schedule 14.1) with the California Public Utilities Commission yesterday and announced an expanded conservation program to help customers reduce their water use. Cal Water is currently in Stage 1 of Schedule 14.1, which includes penalties for violating prohibited uses of water established during the last historic drought. The prohibited uses of water include: Applying water to outdoor landscapes that causes runoff onto adjacent property, non-irrigated areas, private and public walkways, roadways, parking lots, or structures Using a hose to wash motor vehicles unless the hose is fitted with a shutoff nozzle or device that causes it to cease...

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AVITA Medical Announces Preliminary Fourth Quarter 2021 Financial Results

AVITA Medical Announces Preliminary Fourth Quarter 2021 Financial Results

VALENCIA, Calif. and MELBOURNE, Australia, June 15, 2021 (GLOBE NEWSWIRE) — AVITA Medical, Inc. (NASDAQ: RCEL, ASX: AVH), a regenerative medicine company that is developing and commercializing a technology platform that enables point-of-care autologous skin restoration for multiple unmet needs, today announced preliminary, unaudited financial results for the fiscal fourth quarter 2021. For the fiscal quarter ending June 30, 2021, AVITA Medical has to date realized total revenue in excess of its fiscal fourth quarter guidance range of $8.2 million to $8.6 million. Based on the strength of both RECELL® commercial revenue and BARDA related revenue, the Company is raising fiscal Q4 guidance to be in the range of $9.5 – $9.7 million, consisting of $6.0 – $6.2 million of RECELL® commercial revenue and $3.5 million of RECELL®...

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Ketamine One Closes Previously Announced Acquisition of Integrated Rehab and Performance

Ketamine One Closes Previously Announced Acquisition of Integrated Rehab and Performance

The Company Will Apply IRP’s Model of Treating Veterans and First Responders at Select Locations Across Its Clinical Network VANCOUVER, British Columbia, June 15, 2021 (GLOBE NEWSWIRE) — KetamineOne Capital Limited (“Ketamine One” or the “Company”) (NEO: MEDI) (OTC: KONEF) (Frankfurt: MY0), a company focused on consolidating medical clinics and becoming a North American leader in mental health treatments, is pleased to announce that it has closed its previously announced acquisition (the “Acquisition”) of Integrated Rehab and Performance Ltd. (“IRP”). Pursuant to the terms of the definitive agreement (the “Agreement”), Ketamine One has acquired 100% of the outstanding and issued shares of IRP (the “Transaction”) and IRP’s Founder and Chief Executive Officer (“CEO”), Steven Inglefield, has become a director of Ketamine One. The...

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Fairfax India Announces US$105 Million Substantial Issuer Bid

Fairfax India Announces US$105 Million Substantial Issuer Bid

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that its Board of Directors has authorized, and the Company has formally commenced, a substantial issuer bid (the “Offer”), pursuant to which the Company will offer to repurchase for cancellation up to US$105 million of its subordinate voting shares (the “Shares”) from shareholders for cash. “The Offer will allow us to return capital to our shareholders at what we view as an attractive price given our belief that the Company’s recent trading price does not fully reflect the value of our business and future prospects,” said Prem Watsa, Chairman of Fairfax India. The Offer will proceed by way of a “modified Dutch...

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CF Energy Received Credit Facility from China Everbright Bank

CF Energy Received Credit Facility from China Everbright Bank

TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), a leading new energy service provider in the People’s Republic of China (the ”PRC” or “China”), is pleased to announce that one of the wholly-owned subsidiaries of the Company has received the approval for a credit facility of RMB50 million (approx. CAD$9.5 million) (the “Credit Facility”) from China Everbright Bank, Sanya Branch, Hainan province, the PRC (“CEB”) for a period of one year, renewable at the request of the Borrower, subject to credit reassessment and approval by CEB. The Credit Facility, which is guaranteed by another wholly-owned subsidiary of the Company, is for working capital purposes and charges and fees are be determined and agreed upon each drawdown up to the overall...

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Northview Canadian High Yield Residential Fund Announces June Distribution

Northview Canadian High Yield Residential Fund Announces June Distribution

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — Northview Canadian High Yield Residential Fund (the “Fund”) today announced its June 2021 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the “Units”), payable on July 15, 2021 to holders of Units of record at June 30, 2021. The distribution amounts will be as follows: C$0.10476 per Class A Unit, representing approximately C$1.26 per Unit on an annualized basis; C$0.11056 per Class C Unit, representing approximately C$1.33 per Unit on an annualized basis; C$0.10807 per Class F Unit, representing approximately C$1.30 per Unit on an annualized basis; About Northview Canadian High Yield Residential Fund The Fund is a “closed-end fund”...

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<div>Peyto Exploration & Development Corp. Confirms Dividends for July 15, 2021</div>

Peyto Exploration & Development Corp. Confirms Dividends for July 15, 2021

CALGARY, Alberta, June 15, 2021 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX: PEY) (“Peyto”) confirms that the quarterly dividend with respect to second quarter of $0.01 per common share is to be paid on July 15, 2021, for shareholders of record on June 30, 2021. The ex-dividend date is June 29, 2021. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto website at www.peyto.com to learn more about what makes Peyto one of North America’s most exciting energy companies. The website also includes the President’s monthly report, which discusses various topics chosen by the President and includes estimates of monthly capital expenditures and production. For further information please...

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CAPREIT Announces June 2021 Distribution

CAPREIT Announces June 2021 Distribution

TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its June 2021 monthly distribution in the amount of $0.11500 per Unit (or $1.38 on an annualized basis). The June distribution will be payable on July 15, 2021 to Unitholders of record on June 30, 2021. To encourage participation and reward our loyal Unitholders, investors registered in our Distribution Reinvestment Plan will continue to receive an additional amount equal to 5% of their distributions paid in the form of additional Units. CAPREIT is Canada’s largest publicly-traded provider of quality rental housing. CAPREIT currently owns or has interests in, and manages, approximately 68,600 residential apartment suites, townhomes and manufactured housing community sites well-located across...

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PowerBand Announces Up to $12M Brokered Private Placement Offering to Accelerate Growth and Launch Online Marketplace

PowerBand Announces Up to $12M Brokered Private Placement Offering to Accelerate Growth and Launch Online Marketplace

Not for distribution to United States newswire services or for dissemination in the United States TORONTO, June 15, 2021 (GLOBE NEWSWIRE) — PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) (“PowerBand“, “PBX” or the “Company”), a comprehensive e-commerce solution transforming the online experience to sell, trade, lease, and finance vehicles, is pleased to announce that it has entered into an agreement with Desjardins Capital Markets and Scotiabank, acting as co-bookrunners and co-leads (the “Agents”), whereby the Agents have agreed to sell, on a best efforts private placement basis up to 17,647,100 common shares of the Company (the “Offered Shares”) at a price of $0.68 per Offered Share for gross proceeds of up to $12,000,028 (the “Offering”). The Company has granted the Agents an option,...

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