Month: August 2021

VANCOUVER, British Columbia, Aug. 11, 2021 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that its August 2021 distribution of $0.07 per unit has been declared and is payable to unitholders of record as at August 21, 2021. The August 2021 distribution will be paid on August 31, 2021. The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool. Vancouver-based KRL is the leading operator and franchisor of steakhouse restaurants in Canada...

Product Segment Backlog Grows as Market Continues to Improve RENO, Nev., Aug. 11, 2021 (GLOBE NEWSWIRE) — Ormat Technologies Inc. (NYSE: ORA) announced today that it has secured a contract to supply products to a 10 MW of a geothermal air-cooled Ormat Energy Converters (OEC) to Polaris Infrastructure Inc. (TSX: PIF) (“Polaris”), a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America, for the San Jacinto facility in Telica, Leon, Republic of Nicaragua. Ormat anticipates an 11-month design, manufacture, and delivery of the OEC unit. Doron Blachar, CEO of Ormat Technologies, said, “This contract expands our backlog and provides further evidence of the increase in the demand for our products after the slowdown we have experienced over the last year, mainly related...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces today the completion of its substantial issuer bid initially announced on June 15, 2021 (the “Offer”). Fairfax India has taken up and paid for 7,046,979 subordinate voting shares (the “Shares”) at a purchase price of US$14.90 per Share (the “Purchase Price”). The Shares purchased under the Offer represent an aggregate purchase price of approximately US$105 million and represent approximately 4.7% of the total number of Fairfax India’s issued and outstanding Shares and multiple voting shares as of June 15, 2021, the date the Offer was announced. At such date, Fairfax India had 119,323,756 Shares and 30,000,000 multiple...

JERSEY, Channel Islands, Aug. 11, 2021 (GLOBE NEWSWIRE) — Quotient Limited (NASDAQ:QTNT), a commercial-stage diagnostics company (the Company), announced that Jeremy Stackawitz has notified the Company that he is resigning from his position as Chief Commercial Officer. “I would like to thank Jeremy for his dedicated support over the past 12 years, and his contribution to the success of Quotient. He has played an important role in supporting the execution of our company’s strategic vision. On behalf of the Board and the Company, I wish him success in his new endeavor,” said Manuel O. Méndez, Chief Executive Officer of Quotient. In accordance with Mr. Stackawitz’s employment agreement, his resignation will take effect, unless the company elects otherwise, on October 5, 2021. The Company has initiated a search for...

ULAAN DRILLING CONFIRMS NEW DISCOVERY IN KHUNDII GOLD DISTRICTKhundii – Ulaan Tenements, BK Deposit and Prospects Location MapULAAN GOLD DISCOVERY – 300 METRES WEST OF BAYAN KHUNDII DEPOSITBayan Khundii Gold Trend Continuation and Ulaan Gold Discovery Project Map 1ULAAN GOLD DISCOVERY – 300 METRES WEST OF BAYAN KHUNDII DEPOSITBayan Khundii Gold Trend Continuation and Ulaan Gold Discovery Project Map 1ULAAN GOLD DISCOVERY SECTION A – LOOKING WESTHigh Grade veins plunging to the N/NE within a disseminated low grade halo partially controlled by lithology dipping to the NWUDH-10: DETAILED DRILL CORE PHOTOS WITH 1M GOLD ASSAYHost rocks, predominantly a fine to coarse grained lapilli tuff of Carboniferous age exhibiting strong to pervasive silica and...

Reports Improved Outcomes in Phase 1b COVID-19 Study and Positive Trend in Peripheral Oxygenation in Phase 1b TCOM Study Expects to Announce Initial Indication and Regulatory Pathway in Fourth Quarter of 2021 and Initiate Clinical Outcome Study in First Half of 2022 Anticipates Cash Runway through 2023, Including Completion of TSC Phase 2b ProgramCHARLOTTESVILLE, Va., Aug. 11, 2021 (GLOBE NEWSWIRE) — Diffusion Pharmaceuticals Inc. (NASDAQ: DFFN) (“Diffusion” or the “Company”), an innovative biopharmaceutical company developing novel therapies that enhance the body’s ability to deliver oxygen to areas where it is needed most, today announced financial results for the second quarter of 2021 and provided a business update. “We met our key milestones for the first half of 2021, completing and announcing topline results from our...

CALGARY, Alberta, Aug. 11, 2021 (GLOBE NEWSWIRE) — PHX Energy Services Corp. (“PHX Energy” or the “Corporation“) (TSX: PHX) today announced that the Toronto Stock Exchange (“TSX“) has accepted PHX Energy’s notice of intention to renew its normal course issuer bid for a further one-year term (the “NCIB“). The previous NCIB expired on August 13, 2021. Pursuant to the Corporation’s previous NCIB, the Corporation purchased in the open market through the facilities of the TSX and through other alternative Canadian trading platforms and cancelled an aggregate of 3,131,388 common shares (“Common Shares“) of the Corporation at an average price paid of $1.58 per Common Share, which represents all the approved securities available for repurchase under the previous NCIB. Under...

Exclusive licensing of certain of Avicanna’s advanced and evidence-based CBD topical products including its deep tissue and skin care formulations. Heritage to lead medical sales and commercialization across non-competing medical channels in Canada under the Opticann brand./NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS/ TORONTO, Aug. 11, 2021 (GLOBE NEWSWIRE) — Avicanna Inc. (“Avicanna” or the “Company“) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), a biopharmaceutical company focused on the development, manufacturing and commercialization of plant-derived cannabinoid-based products, is pleased to announce that the Company has entered into an exclusive intellectual property...

(Amounts in U.S. dollars except indicated otherwise) VANCOUVER, British Columbia, Aug. 11, 2021 (GLOBE NEWSWIRE) — Amerigo Resources Ltd. (TSX: ARG; ARREF: OTC) (“Amerigo” or the “Company”) is pleased to announce financial results for the quarter ended June 30, 2021 (“Q2-2021”). Amerigo posted net income of $11.6 million, earnings per share (“EPS”) of $0.06 (Cdn$0.08), EBITDA1 of $23.4 million and quarterly operating cash flow before changes in working capital of $17.1 million. “Amerigo has again met operational objectives and posted another quarter of strong financial results. The Company generated $17.1 million in operating cash flow, improved its ending cash position to $53.1 million and reduced bank debt to $33.8 million”, said Aurora Davidson, Amerigo’s President and CEO. The information and data contained in this news release...

ATLANTA, Aug. 11, 2021 (GLOBE NEWSWIRE) — Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced financial results and provided a business update for the second quarter ended June 30, 2021. Mark Duff, President and CEO of the Company, commented, “As anticipated, revenues in the second quarter were primarily impacted by the ongoing effects of the COVID-19 pandemic, however we have begun to see activity pick up in third quarter and expect an improved second half of 2021. Despite the challenging environment, we reported net income of $3.0 million and maintained over $7 million of cash on the balance sheet. We experienced weakness in our Services Segment due to delays throughout the industry in evaluating bids and awarding procurements, also primarily due to the pandemic. Nevertheless, as we look at our...