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Month: August 2021

Tucows Reports Financial Results for Second Quarter 2021

TORONTO, Aug. 05, 2021 (GLOBE NEWSWIRE) — Tucows Inc. (NASDAQ:TCX, TSX:TC), a provider of Fiber Internet Services, Mobile Services, Domain Name Services and other Internet services, today reported its financial results for the second quarter ended June 30, 2021. All figures are in U.S. dollars. COVID-19:   Tucows shareholders and prospective investors are encouraged to read Tucows’ public statement regarding COVID-19, which is available here: https://bit.ly/2LavpOc. Note on the Financial Impact of Tucows’ Sale of Ting Mobile Customer Relationships and Transition to Mobile Services Enabler Platform: As previously announced, effective August 1, 2020 most of Tucows’ mobile customers relationships were sold to DISH Networks (“DISH”) as part of Tucows’ transition of its mobile business to a Mobile Services Enabler (MSE) model from a...

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TARONIS FUELS ANNOUNCES SALE OF $2.5 MILLION OF CONVERTIBLE NOTES

The notes convert into common stock at $7 per share Taronis Fuels also provides update regarding restatement and public reporting _____________________________________________________________________________________________ Peoria, AZ, Aug. 05, 2021 (GLOBE NEWSWIRE) — Taronis Fuels, Inc. (“Taronis” or the “Company”) (OTC Pink:TRNF), a US industrial gas distributor and producer of renewable and socially responsible products, today announced the sale of $2.5 million of convertible notes to an institutional investor. The notes, which carry a 1% annual interest rate and mature in August 2028, are convertible into shares of the Company’s common stock at $7 per share at the option of the holder. Kevin Foti, President and CEO of Taronis commented, “While we were not seeking to raise additional capital, we could not pass up the opportunity...

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BellRing Brands Reports Results for the Third Quarter of Fiscal Year 2021; Raises Fiscal Year 2021 Outlook

ST. LOUIS, Aug. 05, 2021 (GLOBE NEWSWIRE) — BellRing Brands, Inc. (NYSE:BRBR) (“BellRing”), a holding company operating in the global convenient nutrition category, today reported results for the third fiscal quarter ended June 30, 2021. Highlights:Net sales of $342.6 million Operating profit of $51.5 million; net earnings available to Class A common stockholders of $9.5 million; Adjusted net earnings available to Class A common stockholders of $11.8 million and Adjusted EBITDA of $70.5 million  Raised fiscal year 2021 net sales guidance to $1.25-$1.28 billion and Adjusted EBITDA (non-GAAP) guidance to $230-$236 millionThird Quarter Operating Results Net sales were $342.6 million, an increase of 67.8%, or $138.4 million, compared to the prior year period. Premier Protein net sales increased 64.9%, with volumes up 60.0%, and...

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Constellation Software Inc. Announces Results for the Second Quarter Ended June 30, 2021 and Declares Quarterly Dividend

TORONTO, Aug. 05, 2021 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) (“Constellation” or the “Company”) today announced its financial results for the second quarter ended June 30, 2021 and declared a $1.00 per share dividend payable on October 8, 2021 to all common shareholders of record at close of business on September 17, 2021. This dividend has been designated as an eligible dividend for the purposes of the Income Tax Act (Canada). Please note that all dollar amounts referred to in this press release are in U.S. Dollars unless otherwise stated. The following press release should be read in conjunction with the Company’s Unaudited Condensed Consolidated Interim Financial Statements for the three and six months ended June 30, 2021 and the accompanying notes, our Management Discussion and Analysis for the three and...

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Post Holdings Reports Results for the Third Quarter of Fiscal Year 2021

ST. LOUIS, Aug. 05, 2021 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the third fiscal quarter ended June 30, 2021. Highlights:Third quarter net sales of $1.6 billion Operating profit of $206.5 million; net loss of $54.3 million; Adjusted EBITDA of $302.6 million Completed the private label cereal and Egg Beaters acquisitions and the initial public offering of Post Holdings Partnering Corporation Second half fiscal year 2021 Adjusted EBITDA (non-GAAP) expected to range between $590-$610 millionThird Quarter Consolidated Operating Results Net sales were $1,589.8 million, an increase of 19.0%, or $253.4 million, compared to $1,336.4 million in the prior year period, and included $78.5 million in net sales from acquisitions made in fiscal years 2021...

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AGF Reports July 2021 Assets Under Management and Fee-Earning Assets

TORONTO, Aug. 05, 2021 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $42.1 billion as at July 31, 2021.           AUM ($ billions) July 31, 2021 June 30, 2021 % ChangeMonth-Over-Month July 31, 2020 % Change Year-Over-YearTotal Mutual Fund (including retail pooled funds) $23.2 $22.9   $19.0  Institutional and Sub-advisory + High-net-worth + Exchange-traded funds $16.8 $16.7   $15.2  Subtotal (before Private Alternative AUM and fee-earning assets1) $40.0 $39.6   $34.2  Private Alternative AUM2 $0.1 $0.1   $0.1  Total AUM2 $40.1 $39.7 1.0 % $34.3 16.9 %Private Alternative fee-earning assets1,2 $2.0 $2.0   $2.1  Total AUM and fee-earning assets1 $42.1 $41.7 1.0 % $36.4 15.7 %           Average Daily Mutual Fund AUM $23.1 $22.6   $18.9  1 Fee-earning...

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goeasy Ltd. Reports Record Results for the Second Quarter & Announces Enhancements to Securitization Facility

Loan Portfolio of $1.80 billion, up 58%Revenue of $202 million, up 34%Net Charge Off Rate of 8.2%, down from 10.0%Adjusted Quarterly Net Income of $43.7 million, up 50%Adjusted Quarterly Diluted Earnings per Share of $2.61, up 38%Securitization Facility Increased from $200 million to $600 million, with Interest Reduction of 110 bps MISSISSAUGA, Ontario, Aug. 05, 2021 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY), (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services, today reported results for the second quarter ended June 30, 2021 and announced a commitment from National Bank Financial Markets to increase its existing revolving securitization warehouse facility (the “Securitization Facility”) from $200 million to $600 million, including a new 3-year term extension, improved eligibility...

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Northview Canadian High Yield Residential Fund Announces Q2 2021 Financial Results

Not for distribution to U.S. newswire services or for dissemination in the United States. TORONTO, Aug. 05, 2021 (GLOBE NEWSWIRE) — Northview Canadian High Yield Residential Fund (“Northview” or the “Fund”) (NHF.UN – TSX), today announced financial results for the three and six months ended June 30, 2021. All amounts in this news release are in thousands of Canadian dollars unless otherwise indicated.“We are pleased to deliver another quarter of solid financial results, highlighted by an improvement in occupancy of 80 basis points from the previous quarter and an FFO payout ratio of 75.2%,” commented Mr. Todd Cook, Northview’s Chief Executive Officer. “Northview has continued to invest in its properties and we are well positioned to continue to deliver solid returns to our Unitholders.”HIGHLIGHTSNet and comprehensive loss...

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Merus Announces Financial Results for the Second Quarter and Provides Business Update

UTRECHT, The Netherlands and CAMBRIDGE, Mass., Aug. 05, 2021 (GLOBE NEWSWIRE) — Merus N.V. (Nasdaq: MRUS) (“Merus”, the “Company,” “we”, or “our”), a clinical-stage oncology company developing innovative, full-length multispecific antibodies (Biclonics® and Triclonics®), today announced financial results for the second quarter that ended June 30, 2021 and provided a business update. “We are encouraged by the interim results on Zeno in patients with NRG1 fusion cancers that we reported in the second quarter and remain focused on successful execution of our Zeno program and our other clinical trials,” said Bill Lundberg, M.D., President, Chief Executive Officer of Merus. “We are planning to provide a clinical update on MCLA-145 and MCLA-158 later this year.” Clinical Programs Zenocutuzumab (Zeno or MCLA-128: HER3 x HER2 Biclonics®) Phase...

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Canoe EIT Income Fund Announces August 2021 Distribution

CALGARY, Alberta , Aug. 05, 2021 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the August 2021 distribution of $0.10 per unit. The distribution will be paid on September 15, 2021 to unitholders of record on August 20, 2021. The ex-distribution date for this distribution is August 19, 2021. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Portfolio Manager and Head of Equities, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada’s fastest growing independent...

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