Month: June 2021

The Flowr Corporation Announces Sales Agency Agreement with Green Hedge

Written by Customer Service on June 29, 2021. Posted in Public Companies.

TORONTO, June 29, 2021 (GLOBE NEWSWIRE) — The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) (“Flowr” or the “Company”) is pleased to announce that it has signed an agreement with Green Hedge Education & Distribution Services Ltd. (“Green Hedge”) to act as the Company’s external sales agent providing coverage to licensed cannabis wholesalers and retailers across Canada. “Working with Green Hedge allows Flowr to access a much wider audience of retailers throughout Canada. In Ontario alone we expect more than 1,300 retail outlets to open by the end of 2021 and partnering with Green Hedge allows us to expand our trade universe coverage in a cost-effective manner,” commented Darryl Brooker, Chief Executive Officer of the Company. “Green Hedge has one of the biggest distribution footprints in Canada and we see this as an important...

Yorbeau Resources Inc. Announces Election of Directors

Written by Customer Service on June 29, 2021. Posted in Public Companies.

MONTREAL, June 29, 2021 (GLOBE NEWSWIRE) — Yorbeau Resources Inc. (TSX: YRB) (“Yorbeau” or the “Company”) announces that the nominees listed in the Company’s management proxy circular dated June 2, 2021 were elected as directors of Yorbeau. The detailed results of the vote for the election of directors held at the annual general meeting of shareholders on June 29, 2021 in Montreal are set out below.Nominee VotesFor %For VotesWithheld %WithheldGeorges Bodnar Jr. 92,767,484 99.79% 195,750 0.21%John Jacobsen 92,870,430 99.90% 92,804 0.10%Henri Gélinas 82,687,727 88.95% 10,257,507 11.05%Terry Kocisko 82,468,573 88.71% 10,494,661 11.29%Marcel Lecourt 92,728,330 99.75% 234,904 0.25%Jérôme Gendron 92,874,034 99.90% 89,200 0.10%Dany Laflamme 92,874,034 99.90% 89,200 0.10%About Yorbeau Resources Inc.The Rouyn...

NOVAGOLD Reports Second Quarter 2021 Financial Results

Written by Customer Service on June 29, 2021. Posted in Earnings Releases And Operating Results.

Donlin Gold 2021 Drill Program Continues to Advance as PlannedCommunity Support Expanded to Counter the Effects of Global PandemicKey Permits Secured and Robust Financial Position MaintainedA total of 28 holes have been drilled at the Donlin Gold project (representing approximately 8,650 meters of length drilled) out of the 64 planned for 2021 (representing a total of approximately 20,100 meters of length to be drilled). Four drill rigs are operating. The owners expect to release assay results to the market in the coming months.Donlin Gold, together with its Alaska Native Corporation partners, Calista Corporation (“Calista”) and The Kuskokwim Corporation (“TKC”), expanded their engagement with the local communities. With key Federal and State permits in hand, Donlin Gold continued to advance additional State permits, including water...

Savanna Capital Corp. Adoption of New Capital Pool Company Policy

Written by Customer Service on June 29, 2021. Posted in Public Companies.

TORONTO, June 29, 2021 (GLOBE NEWSWIRE) — Savanna Capital Corp. (“Savanna” or the “Company”), a capital pool company as defined under Policy 2.4 – Capital Pool Companies (the “Policy”) of the TSX Venture Exchange (the “Exchange”), announces that the Company has received the approval of the majority of the disinterested shareholders (the “Shareholders“) to implement certain amendments to align with the Exchange’s recently announced changes to its Capital Pool Company (“CPC“) Program and Exchange Policy 2.4 – Capital Pool Companies, effective as of January 1, 2021 (the “New CPC Policy“). The Shareholders, by written consent, granted approval to: (i) remove the consequences of failing to complete a Qualifying Transaction (as defined in the New CPC Policy) within 24 months of the Company’s...

Osisko Development Intersects 16.05 g/t Gold Over 7.50 Meters at Lowhee Deposit at Cariboo

Written by Customer Service on June 29, 2021. Posted in Earnings Releases And Operating Results.

Figure 1: Cariboo deposit areas with drill locationsFigure 1: Cariboo deposit areas with drill locationsFigure 2: Lowhee Zone select drilling highlights plan map (north)Figure 2: Lowhee Zone select drilling highlights plan map (north)Figure 3: Lowhee Zone select drilling highlights plan map (south)Figure 3: Lowhee Zone select drilling highlights plan map (south)Figure 4: Lowhee Zone Cross Section with select highlightsFigure 4: Lowhee Zone Cross Section with select highlightsMONTREAL, June 29, 2021 (GLOBE NEWSWIRE) — Osisko Development Corp. (“Osisko Development” or the “Company”) (TSX.V-ODV) is pleased to announce drilling results from the 200,000-meter 2021 exploration and category conversion drill program campaign at its Cariboo Gold Project (“Cariboo”) in central...

CORRECTING and REPLACING – LMP Automotive Holdings, Inc. Announces First Quarter Financial Results And Provides Second Quarter Internal Outlook

Written by Customer Service on June 29, 2021. Posted in Earnings Releases And Operating Results.

In a release issued earlier today under the same headline by LMP Automotive Holdings, Inc. (NASDAQ: LMPX), please note that the table for EBITDA over the three month periods included incorrect figures. The figures changed for the three months ended March 31, 2020. The corrected table is included in the release below. First Quarter 2021 HighlightsAll financial comparisons stated below are versus Q-1 2020, unless otherwise noted.Revenue increased $27.7M to $33.0M Overall Gross Profit increased by $5.5M to $6.0M Gross Profit Margin increased by 8.9% to 18.2% Adjusted EBITDA1increased by $3.1M to $1.9M or $0.19 per share Adjusted Net Income was $1.3M or $0.13 per share Cash increased by $1.3M to $19.4M Adjusted Shareholder Equity increased by $18.3M to $47.5MSecond Quarter 2021 Internal OutlookSecond quarter 2021 internal outlook data...

Greystone Closes Financing for Senior Housing Portfolio Acquisition in California

Written by Customer Service on June 29, 2021. Posted in Mergers And Acquisitions.

Debt Package for Harrison Street’s Acquisition Includes Life Company Financing, Freddie Mac Loan Assumptions NEW YORK, June 29, 2021 (GLOBE NEWSWIRE) — Greystone, a leading national commercial real estate finance company, has provided debt financing for the acquisition of 16 senior housing properties in California. The Greystone Seniors Housing team worked alongside the Harrison Street team to find the best financing solution for such a high-quality portfolio acquisition, estimated at $546,700 per unit, according to SeniorCare Investor. The 16 properties, operated by Oakmont Management Group, were acquired from two different sellers, Healthpeak Properties and Gallaher Companies and the acquisition financing includes both Freddie Mac loan assumptions and new life company financing. The 16 properties comprise 1,148 units, and represent...

Photon Control Securityholders Approve Acquisition by MKS Instruments

Written by Customer Service on June 29, 2021. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, June 29, 2021 (GLOBE NEWSWIRE) — Photon Control Inc. (“Photon Control” or the “Company”) (TSX: PHO), a leading developer and supplier of optical measurement technologies and systems, is pleased to announce that its Securityholders (as defined below) approved the acquisition of Photon Control by MKS Instruments, Inc. (the “Transaction”) by way of plan of arrangement (the “Arrangement”) at the annual general meeting of Photon Control shareholders (the “Shareholders”) and special meeting of Securityholders held today (the “Meeting”). The special resolution approving the Arrangement was approved by: (i) 87.44% of the votes cast by Shareholders present virtually or represented by proxy at the Meeting and (ii) 88.07% of the votes cast by Shareholders and holders of options of the Company (collectively, the...

Oyster Point Pharma Provides Key Supply Chain Insight For OC-01 (varenicline) Nasal Spray

Written by Customer Service on June 29, 2021. Posted in Public Companies.

PRINCETON, N.J., June 29, 2021 (GLOBE NEWSWIRE) — Oyster Point Pharma, Inc. (Nasdaq: OYST), today announced information regarding a key supply chain insight for OC-01 (varenicline) nasal spray following the announcement that an unrelated manufacturer of varenicline oral tablets has suspended distribution due to impurities discovered in one or more lots of its product. Oyster Point Pharma has not observed any measurable impurities in its OC-01 (varenicline) nasal spray. Oyster Point Pharma is developing OC-01 (varenicline) nasal spray to treat the signs and symptoms of dry eye disease. Oyster Point Pharma currently sources OC-01 (varenicline) nasal spray active pharmaceutical ingredient (API), varenicline tartrate, from a supplier unrelated to the manufacturer that has suspended distribution due to nitrosamine being above acceptable...

Lam Research Sets Goal to Operate at 100% Renewable Energy by 2030, Achieve Carbon Net Zero by 2050

Written by Customer Service on June 29, 2021. Posted in Public Companies.

Company outlines goals and accomplishments in seventh annual environmental, social and governance report FREMONT, Calif., June 29, 2021 (GLOBE NEWSWIRE) — Lam Research Corp. (Nasdaq: LRCX) today published its annual Environmental, Social, and Governance (ESG) Report detailing the company’s progress in reducing its environmental footprint, driving a healthy and safe workforce, advancing inclusion and diversity, and contributing positively to the broader community. “The world’s response to the devastating pandemic has illuminated how we can transform our planet and intensify the best in humanity when we all work together towards a common goal,” said Tim Archer, president and chief executive officer of Lam Research. “I could not be prouder of the incredible efforts of Lam’s workforce to deliver for our customers and answer the call...

Month: June 2021

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