Day: June 22, 2021
BURLINGAME, Calif., June 22, 2021 (GLOBE NEWSWIRE) — AeroCentury Corp. (“AeroCentury” or the “Company”) (NYSE American: ACY), announced today that the Company and its two U.S. subsidiaries (collectively the “Debtors”) have filed with the Delaware Bankruptcy Court a proposed combined Plan of Reorganization and Disclosure Statement (the “Plan/Disclosure Document”) with respect to its proposed plan to exit Chapter 11 bankruptcy protection (“Plan”). The proposed plan was filed in connection with the Company’s motion to approve a Solicitation Procedures Order, which, among other things, requests that the Court conditionally approve the combined Plan/Disclosure Document for solicitation purposes only and authorize the Debtors to solicit votes to accept or reject the Plan. The Bankruptcy Court has set a hearing date of July 12, 2021 to...
Goodfellow Announces Results of Annual and Special Meeting of Shareholders
Written by Customer Service on . Posted in Public Companies.
DELSON, Quebec, June 22, 2021 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) (the “Company”) announces that all resolutions presented to the shareholders at its Annual and Special Meeting of Shareholders (the “Meeting”) held today have been passed, including in respect of the election of directors, the ratification and approval of By-law No. 2021-1 amending and restating the general by-laws of the Company, the ratification and approval of By-law No. 2021-2 (advance notice by-law), the ratification and approval of By-law No. 2021-3 (the forum selection) and the approval of the amendment to the articles of the Corporation enabling the directors to appoint additional directors within the limits allowed by the Canada Business Corporations Act.
The total number of shares represented by shareholders in person and by proxy at the Meeting...
CORRECTION — Codere Online to Become the First Publicly-Listed Online Gaming Operator in Latin America Via Business Combination with DD3 Acquisition Corp. II
Written by Customer Service on . Posted in Mergers And Acquisitions.
In a release issued under the same headline earlier today by DD3 Acquisition Corp. II (Nasdaq: DDMX, “DD3”) please note that in the 5th bullet point and the second paragraph under the header “Transaction Overview” Baron Funds has been removed as an investor. The corrected release follows:DD3 Acquisition Corp. II (Nasdaq: DDMX, “DD3”) has entered into a definitive business combination agreement with Codere OnlineCodere Online launched in 2014 as a part of the international gaming operator Codere Group, offering online sports betting and online casino through its state-of-the art websites and mobile applicationsCodere Online is a leading online gaming and sports betting operator in Latin America with a unique omnichannel strategy that seeks to attract a loyal, engaged and high-value customer base aimed at driving growth...
Delta 9 Provides Guidance & Timing for Q2 2021 Results
Written by Customer Service on . Posted in Public Companies.
WINNIPEG, Manitoba, June 22, 2021 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: DLTNF) (“Delta 9” or the “Company”) is pleased to provide guidance on its revenue forecast for the three-month and six-month period ending June 30, 2021 based on preliminary results:The Company anticipates revenue for the three-month period ending June 30, 2021 to be between $15.5 million and $17.25 million compared with;$13.23 million for the first quarter of 2021.
$13.01 million for the second quarter of 2020.Delta 9 anticipates revenues for the six-month period ending June 30, 2021 to be between $28.75 million and $30.5 million, compared to:$24.76 million for the same period last year“We anticipate our Q2, 2021 performance will demonstrate a record revenue quarter for Delta 9 with the Company’s three business segments contributing...
Verus International Reports Fiscal 2021 Q2 Financial Results; Posts Significant Improvement in Gross Profit Margins
Written by Customer Service on . Posted in Public Companies.
Gaithersburg, MD, June 22, 2021 (GLOBE NEWSWIRE) — Verus International, Inc. (“Verus” or the “Company”) (OTC Pink: VRUS), an international food, CBD and hemp-based products company, reported financial results for the fiscal 2021 second quarter, which ended April 30, 2021. In conjunction with this release, the Company is also providing additional details on business developments subsequent to the quarter’s end.
For fiscal Q2 2021, management is noting the following items of importance:Revenue decreased 28% on a year-over-year basis to $3.3 million during fiscal Q2 2021, compared to $4.6 million during fiscal Q2 2020, due in part to a continuing planned product line repositioning that is expected to continue contributing higher margin revenue in future quarters;
Gross profit margin continued to improve compared to preceding quarters,...
Clairvest Reports Fiscal 2021 Fourth Quarter and Year End Results
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
TORONTO, June 22, 2021 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today reported results for the fourth quarter and year ended March 31, 2021 and material events which occurred subsequent to year end. (All figures are in Canadian dollars unless otherwise stated)
HighlightsMarch 31, 2021 book value was $857.8 million or $56.96 per share compared with $843.0 million or $55.98 per share as at December 31, 2020 and $55.55 per share as at March 31, 2020
Net income for the quarter was $14.8 million or $0.98 per share due to a net increase in fair value of corporate investments; Net income for fiscal 2021 was $104.8 million or $6.96 per share
Book value per share grew by 12.6% during fiscal 2021, including the $5.5555 per share of total dividends paid during the fiscal year
Clairvest and Clairvest Equity Partners VI (“CEP VI”)...
Tandy Leather Factory Files 2019 and Restated Financial Information
Written by Customer Service on . Posted in Public Companies.
FORT WORTH, Texas, June 22, 2021 (GLOBE NEWSWIRE) — Tandy Leather Factory, Inc. (Pink: TLFA) today announced that it has filed with the Securities and Exchange Commission the Company’s 2019 Annual Report on Form 10-K and Quarterly Reports for the second and third quarters of 2019. These reports include the restatement of information the Company had previously filed in its 2018 Annual Report (Form 10-K) and Quarterly Reports (Forms 10-Q) for the second and third quarters of 2018 and the first quarter of 2019. The Company continues to work diligently on completing as soon as possible its quarterly and annual reports for 2020, as well as the first quarter of 2021.
Janet Carr, Chief Executive Officer of the Company, said, “We are happy to be filing our restated and 2019 financial reports, marking the end of a long hard road to complete...
Affinor Growers Files Patent for Modular Nitrogen Enriched Drying & Curing Vessels
Written by Customer Service on . Posted in Public Companies.
VANCOUVER, British Columbia, June 22, 2021 (GLOBE NEWSWIRE) — Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI OTCQB: RSSFF) is pleased to announce that it has filed for patent protection for newly designed modular, nitrogen enriched, drying and curing vessels. The Company plans to utilize this mechanical and process design in all its cannabis craft grow operations. The company has plans to grow across Canada and globally.
Affinor will showcase the vessels in its first commercial, greenhouse facility in Abbotsford BC after a cannabis cultivation licence has been received from Health Canada. The planned cannabis production facility will feature a total of 40 growing towers expected to yield 3-4 kg per tower per harvest of dried cannabis every 3 months. The Company also plans to licence a complete turnkey greenhouse with...
DIGITAL ALLY, INC. TO ADJOURN ANNUAL MEETING OF STOCKHOLDERS
Written by Customer Service on . Posted in Public Companies.
LENEXA, KANSAS, June 22, 2021 (GLOBE NEWSWIRE) — Digital Ally, Inc. (NASDAQ: DGLY) (the “Company”) today announced that the Company has adjourned the Annual Meeting of Stockholders (the “Annual Meeting”), which had been scheduled to be held on Tuesday, June 22, 2021 at 11:15 a.m. EDT, to July 1, 2021 at 11:15 a.m. EDT, to be held at the Company’s facility at 15612 College Boulevard, Lenexa, Kansas 66219. The Company has announced such adjournment at the originally scheduled Annual Meeting.
The Company adjourned the Annual Meeting in order to allow the Company adequate time to achieve a quorum for the transaction of business under the Company’s amended and restated bylaws. The record date for the Annual Meeting remains April 23, 2021. Stockholders of the Company who have previously submitted their proxy or otherwise voted and who...
Urbanfund Corp. Announces Dividend Increase Commencing June 2021
Written by Customer Service on . Posted in Dividend Reports And Estimates.
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TORONTO, June 22, 2021 (GLOBE NEWSWIRE) — Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”) (TSX-V: UFC) is pleased to announce that the Company’s Board of Directors has declared an increase to its annualized dividend distribution by 2 cents to $0.05 per common share and Series A, first preferred share, representing a 67% increase from the previous year. This will increase Urbanfund’s quarterly dividend distribution to $0.0125 per common share and Series A, first preferred share. The quarterly dividend distribution declared by the Company’s Board of Directors for the three-month period ended June 30, 2021 is payable on July 15, 2021 to the shareholders of record on June 30, 2021.
This dividend is designated by the Company as...