Month: September 2021

Sabre Gold and Golden Predator Announce Anticipated Plan of Arrangement Closing; Attendance at Precious Metals Summit

Written by Customer Service on September 1, 2021. Posted in Mergers And Acquisitions.

VANCOUVER, British Columbia, Sept. 01, 2021 (GLOBE NEWSWIRE) — Sabre Gold Mines Corp. (formerly Arizona Gold Corp.) (“Sabre Gold” or the “Company”) (TSX: AZG, OTCQB: AGAUF) and Golden Predator Mining Corp. (“Golden Predator”) (TSX.V: GPY, OTCQX: NTGSF) are pleased to announce that all conditions to closing have now been satisfied in respect of the previously announced business combination, pursuant to which Sabre Gold will acquire all of the common shares of Golden Predator by way of a court approved plan of arrangement (the “Arrangement”). Closing of the ArrangementAs previously announced on August 25, 2021, shareholders of both companies overwhelmingly approved all matters voted on at the special meetings, including shareholders of Golden Predator approving the proposed Arrangement. The British Columbia Supreme Court issued the...

Major Drilling Reports Revenue of $151 Million and Net Earnings of $11.1 Million

Written by Customer Service on September 1, 2021. Posted in Earnings Releases And Operating Results.

MONCTON, New Brunswick, Sept. 01, 2021 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (TSX: MDI), a leading provider of specialized drilling services to the mining sector (“Major Drilling” or the “Company”), today reported results for the first quarter of fiscal 2022, ended July 31, 2021. HighlightsIndustry upturn gaining momentum Highest quarterly revenue in 9 years at $151.0 million, up 69% as compared to same period last year. EBITDA(1) for the quarter was $24.2 million, an increase of 75% compared to same period last year. Recorded net earnings of $11.1 million or $0.14 per share, the highest in 9 years. McKay acquisition delivering great results.“We’re very pleased with the progress made this quarter as our strategy of having rigs and inventory ready for immediate deployment to customers has delivered results....

Brookfield Office Properties Announces Reset Dividend Rates and Conversion Privileges on Its Class AAA Series R Preference Shares and Class AAA Series S Preference Shares

Written by Customer Service on September 1, 2021. Posted in Dividend Reports And Estimates.

Not for distribution to U.S. newswire services nor for dissemination to the United States.All amounts in Canadian dollars. BROOKFIELD NEWS, Sept. 01, 2021 (GLOBE NEWSWIRE) — Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the reset dividend rate and conversion privileges on its Class AAA Preference Shares, Series R (“Series R Shares”) (TSX: BPO.PR.R) and Class AAA Preference Shares, Series S (“Series S Shares”) (TSX: BPO.PR.S). Series R Shares If declared, the fixed quarterly dividends on the Series R Shares for the five years commencing October 1, 2021 and ending September 30, 2026 will be paid at an annual rate of 4.30% ($0.26875 per share per quarter). Holders of Series R Shares have the right, at their option, exercisable no later than 5:00 p.m. (Toronto time) on September...

Ultragenyx to Participate in Panel at Citi’s 16th Annual BioPharma Healthcare Conference

Written by Customer Service on September 1, 2021. Posted in Public Companies.

NOVATO, Calif., Sept. 01, 2021 (GLOBE NEWSWIRE) — Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE), a biopharmaceutical company focused on the development and commercialization of novel therapies for serious rare and ultra-rare genetic diseases, today announced that Emil D. Kakkis, M.D., Ph.D., the company’s Chief Executive Officer and President will participate in a panel titled Finding a Needle in a Haystack – Drug Development Strategies for Rare Disease on Thursday, September 9, 2021 at Citi’s 16th Annual BioPharma Healthcare Conference at 4:10 PM ET. The live and archived webcast of the presentation will be accessible from the company’s website at http://ir.ultragenyx.com/events.cfm. The replay of the webcast will be available for 90 days. About Ultragenyx Pharmaceutical Inc. Ultragenyx is a biopharmaceutical company...

Luckin Coffee Announces Brief Extension of Milestone Date in Restructuring Support Agreement

Written by Customer Service on September 1, 2021. Posted in Public Companies.

BEIJING, Sept. 01, 2021 (GLOBE NEWSWIRE) — Luckin Coffee Inc. (in Provisional Liquidation) (“Luckin Coffee”) (OTC: LKNCY) today announced that it has extended a milestone under the Restructuring Support Agreement (the “RSA”)1 dated as of March 16, 2021. As previously reported and as further detailed in the RSA, Luckin Coffee expects to implement the restructuring of its US$460 million 0.75% Convertible Senior Notes due 2025 (the “Existing Notes”) through a scheme of arrangement (the “Scheme”) pursuant to section 86 of the Companies Act (2021 Revision) of the Cayman Islands (the “Companies Act”). Luckin Coffee, the Joint Provisional Liquidators,2 and the holders of a majority of Luckin Coffee’s Existing Notes (the “Majority Noteholders”) extended the milestone to launch the Scheme (the “Scheme Launch Milestone”) from September 1,...

Five Below, Inc. Announces Second Quarter Fiscal 2021 Financial Results

Written by Customer Service on September 1, 2021. Posted in Earnings Releases And Operating Results.

EPS increased 125% to $1.15 and Net Sales increased 55% to $647 million versus Q2 2019 Operating Income increased 139% to $86 million versus Q2 2019 PHILADELPHIA, PA, Sept. 01, 2021 (GLOBE NEWSWIRE) — Five Below, Inc. (NASDAQ: FIVE) today announced financial results for the second quarter and for the year to date period ended July 31, 2021. Given the lack of comparability to the first half of fiscal 2020 due to the impact of COVID-19, results are also compared to the second quarter and year to date period ended August 3, 2019. For the second quarter ended July 31, 2021:Net sales increased by 51.7% to $646.6 million from $426.1 million in the second quarter of fiscal 2020 and by 54.9% from $417.4 million in the second quarter of fiscal 2019; comparable sales increased by 39.2% versus the second quarter of fiscal 2020. For the...

Centessa Pharmaceuticals to Present at the Morgan Stanley Virtual 19th Annual Global Healthcare Conference

Written by Customer Service on September 1, 2021. Posted in Public Companies.

CAMBRIDGE, Mass. & LONDON, Sept. 01, 2021 (GLOBE NEWSWIRE) — Centessa Pharmaceuticals plc (Nasdaq: CNTA) announced today that Saurabh Saha, M.D., Ph.D., Chief Executive Officer, will participate in an analyst-led fireside chat at the Morgan Stanley Virtual 19th Annual Global Healthcare Conference on Tuesday, September 14, 2021, beginning at 5:00 p.m. Eastern Time. A live audio webcast of this event can be accessed on the investor relations section of the Centessa Pharmaceuticals website at https://investors.centessa.com/events-presentations. Replay of the webcast will be archived on the Company’s website for 90 days following the event. About Centessa PharmaceuticalsCentessa Pharmaceuticals plc aims to bring impactful new medicines to patients by combining the strengths of an asset-centric model with the benefits of...

Taboola Completes Acquisition of Connexity, Creating a Powerful e-Commerce Solution for Publishers, Advertisers and Merchants Outside of Walled Gardens

Written by Customer Service on September 1, 2021. Posted in Mergers And Acquisitions.

Acquisition Expected to Significantly Expand Market Opportunity and Contribute to Accelerated Revenue Growth in 2022 NEW YORK, Sept. 01, 2021 (GLOBE NEWSWIRE) — Taboola (Nasdaq: TBLA), a global leader in powering recommendations for the open web, helping people discover things they may like, today announced it has completed its previously announced acquisition of Connexity. The transaction brings Connexity, one of the largest e-commerce media platforms on the open web, and its large scale of 6,000 publishers and 1,600 direct merchant relationships to Taboola, unlocking new ways for publishers, advertisers and merchants to effectively scale outside of walled gardens. “The future of open web monetization is e-commerce. Taboola, combined with Connexity, is uniquely positioned to capitalize on this market opportunity,” said Adam Singolda,...

Sportsman’s Warehouse Holdings, Inc. Announces Second Quarter and First Half Fiscal Year 2021 Financial Results

Written by Customer Service on September 1, 2021. Posted in Earnings Releases And Operating Results.

WEST JORDAN, Utah, Sept. 01, 2021 (GLOBE NEWSWIRE) — Sportsman’s Warehouse Holdings, Inc. (“Sportsman’s Warehouse” or the “Company”) (Nasdaq: SPWH) today announced financial results for the thirteen and twenty-six weeks ended July 31, 2021. “The business continued to perform well during the second quarter,” said Jon Barker, Sportsman’s Warehouse CEO. “While second quarter same store sales decreased 9.9% compared to the same period last year, I believe this was a favorable result considering the many factors that drove our elevated second quarter 2020 sales. For the first half of fiscal year 2021, same store sales increased 3.4% compared to the same period last year.” Mr. Barker continued, “We believe customers are responding favorably to our brand, product assortment, and customer service. I am grateful...

nCino Reports Second Quarter Fiscal Year 2022 Financial Results

Written by Customer Service on September 1, 2021. Posted in Earnings Releases And Operating Results.

• Total Revenues of $66.5M, up 36% year-over-year • Subscription Revenues of $53.9M, up 37% year-over-year • Total Remaining Performance Obligation of $707 million, up 55% year-over-year WILMINGTON, N.C., Sept. 01, 2021 (GLOBE NEWSWIRE) — nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking and digital transformation solutions for the global financial services industry, today announced financial results for its second quarter of fiscal year 2022 ended July 31, 2021. “We are extremely pleased with the results of our second quarter, which include 37% year-over year growth in subscription revenues, 129% year-over-year growth in international revenues, and record second quarter sales,” said Pierre Naudé, CEO of nCino. “In addition, today we announced that Wells Fargo, one of the top four banks in the U.S., has selected nCino to...

Month: September 2021

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