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Day: August 17, 2021

Athabasca Oil Corporation Announces Market Egress Transactions that Increase Corporate Liquidity by ~$100 Million

CALGARY, Alberta, Aug. 17, 2021 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) has executed two strategic market egress transactions that increase corporate liquidity by approximately $100 million through cash consideration and the release of restricted cash that was securing letters of credit. These transactions further bolster the Company’s strong liquidity position with a 60% increase in pro forma unrestricted cash balances to approximately $265 million. Athabasca believes the market for Canadian heavy crude is improving in a lasting way. Expanded basin egress capacity (including Enbridge Line 3 Replacement, the TransMountain Expansion Project “TMX” and DRU implemented crude-by-rail) should provide Canadian producers improved access to the global heavy oil market in the future. At the...

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CEMATRIX to Host Investor Webcast on August 25, 2021

CALGARY, Alberta, Aug. 17, 2021 (GLOBE NEWSWIRE) — CEMATRIX Corporation (TSXV: CVX) (OTCQB: CTXXF) (“CEMATRIX” or the “Company”) a North American leading manufacturer and supplier of technologically advanced cellular concrete products, today announced that it will host a webcast investor presentation on Wednesday, August 25, 2021 at 2:00 PM ET. During the webcast, Jeff Kendrick, CEO will conduct a PowerPoint presentation that will cover key areas of CEMATRIX’s business. After the formal presentation, investors will have an opportunity to ask relevant questions through an interactive Q&A portal. To listen to the webcast or to ask questions during the live event, please pre-register at the following link: https://event.webcasts.com/starthere.jsp?ei=1479955&tp_key=7cd02da1ed An archived version of...

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Decklar Announces Unit Offering Increase to Up to $5 Million

TORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) — Decklar Resources Inc. (DKL-TSX Venture) (the “Company” or “Decklar”) is pleased to announce an increase for its previously announced Offering (as defined below) from $1 million to up to $5 million. Further to the Company’s July 30, 2021 announcement, Decklar is increasing the previously announced financing for gross proceeds of up to $1,000,000 to gross proceeds of up to $5,000,000. Decklar is proposing to complete a non-brokered financing to raise gross proceeds of up to $5,000,000 by way of a unit offering (the “Offering”) at a price of $1.00 per unit (a “Unit”), with each Unit consisting of one common share of Decklar (a “Common Share”) and one-half common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Common Share...

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Chalice Brands Ltd. Announces Timing of Its Second Quarter Earnings Results

PORTLAND, Ore., Aug. 17, 2021 (GLOBE NEWSWIRE) — Chalice Brands Ltd. (CSE:CHAL) (OTCQB:CHALF) (“Chalice” or the “Company”), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today announces it will report its second quarter 2021 results on Thursday, August 26, 2021 after market close. Chalice Brands management, led by Mr. John Varghese, Executive Chairman, and Mr. Jeff Yapp, Chief Executive Officer, will hold a conference call for investors to discuss the results on Thursday, August 26, 2021 at 5:00 p.m. ET followed by a webinar for shareholders providing a corporate update and a summary of the second quarter. REGISTRATION: Please visit click here to register and stream the conference call. Once registered, registrants will receive an email for this event inclusive...

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Revive Therapeutics Signs Exclusive Worldwide License Agreement For Medicinal Mushroom Ganoderma Lucidum To Treat Cancer

Novel discovery and research originated from Universidad Central del Caribe and St. Jude Children’s Research Hospital Medicinal mushroom compound with anticancer activities that have minimal effects on normal cells Showed superior potency against aggressive breast cancer with potential to treat aggressive malignancies such as triple negative and inflammatory breast cancers Advancing IND-enabling studies for FDA clinical trialsTORONTO, Aug. 17, 2021 (GLOBE NEWSWIRE) — Revive Therapeutics Ltd. (“Revive” or the “Company”) (OTCQB: RVVTF) (CSE: RVV) (FRANKFURT:31R), a specialty life sciences company focused on the research and development of therapeutics for medical needs and rare disorders, is pleased to announce that Revive has entered into an exclusive license agreement (the “Agreement”) with Puerto Rico Science Technology and...

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Canadian General Investments, Limited Files 2021 Interim Report

TORONTO, CANADA, Aug. 17, 2021 (GLOBE NEWSWIRE) — Canadian General Investments, Limited (the Company) (TSX: CGI) (TSX: CGI.PR.D) (LSE: CGI), announces that it has submitted its 2021 Interim Report, which includes the Management Report of Fund Performance and unaudited Financial Statements, to applicable Canadian securities regulators and to the National Storage Mechanism (https://data.fca.org.uk/#/nsm/nationalstoragemechanism). A PDF version of the document is also available at www.canadiangeneralinvestments.ca and at www.sedar.com. FOR FURTHER INFORMATION PLEASE CONTACT: Canadian General Investments, Limited Jonathan A. Morgan President & CEO Phone: (416) 366-2931 Fax: (416) 366-2729 e-mail: cgifund@mmainvestments.com website: www.canadiangeneralinvestments.ca

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California BanCorp Announces Completion of $35 Million Subordinated Debt Offering

OAKLAND, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) — California BanCorp (the “Company”) (NASDAQ: CALB), whose subsidiary is California Bank of Commerce, today announced that it has completed a private placement of $35 million in fixed-to-floating rate subordinated notes due September 1, 2031 (the “Notes”) to certain qualified buyers and accredited investors. The Company intends to use the net proceeds to redeem $5 million of bank-level subordinated debt and for general corporate purposes. The Notes are structured to qualify as Tier 2 capital for the Company for regulatory purposes and will carry a fixed rate of 3.5% until September 1, 2026. Thereafter, the Notes will pay interest at a floating rate, reset quarterly, equal to the then current three-month SOFR plus 286 basis points. The subordinated notes are redeemable...

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Orca Energy Group Inc. Announces Completion of Its Q2 2021 Interim Filings

TORTOLA, British Virgin Islands, Aug. 17, 2021 (GLOBE NEWSWIRE) — Orca Energy Group Inc. (“Orca” or the “Company” and includes its subsidiaries and affiliates) (TSX-V: ORC.A, ORC.B) today announces that it has filed its condensed consolidated interim financial statements and management’s discussion and analysis for the three and six month periods ended June 30, 2021 with the Canadian securities regulatory authorities. All amounts are in United States dollars (“$”) unless otherwise stated.Revenue increased by 17% for Q2 2021 and by 11% for the six months ended June 30, 2021 compared to the same prior year periods. The increase was primarily a result of the increased revenue from industrial customers and the increase in capital expenditures which caused the reduction of the Tanzanian Petroleum Development Corporation (“TPDC”)...

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America’s Car-Mart Reports Diluted Earnings per Share of $3.57 on Record Revenues of $280 Million

ROGERS, Ark., Aug. 17, 2021 (GLOBE NEWSWIRE) — America’s Car-Mart, Inc. (NASDAQ: CRMT) today announced its operating results for the first quarter of fiscal year 2022. “We continue to make foundational investments to our business model, and as expected, we are experiencing an increasing capacity to serve more customers at the highest levels. We ended the quarter with over 91,100 active customers, an increase of over 3% since the beginning of the fiscal year. For over 40 years, our customers’ lives have been better as part of the Car-Mart family, and we have an obligation to serve an ever-increasing customer base as we move forward. We have a unique place in the markets we serve as our customers rely on us to keep them on the road and give them peace of mind with local transportation needs. We believe that the significant investments...

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Potbelly Corporation Appoints David Daniels as Chief Marketing Officer

Brings to Potbelly over 20 years of direct restaurant and CPG experience leading some of the world’s best-selling brands CHICAGO, Aug. 17, 2021 (GLOBE NEWSWIRE) — Potbelly Corporation (NASDAQ: PBPB) (“Potbelly” or the “Company”), the iconic neighborhood sandwich shop, today announced the appointment of David Daniels as its Chief Marketing Officer (“CMO”) effective August 23, 2021. In this senior leadership role, Mr. Daniels will report to Bob Wright, President and Chief Executive Officer of Potbelly. Mr. Daniels will lead the Branding, Marketing and Digital teams as he focuses on leveraging the unique Potbelly brand position in support of the Company’s growth strategy. His leadership responsibilities will include further development of the brand vision and digital marketing strategy that drives brand awareness and traffic growth,...

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