View CEO Message to Employees, Customers and Shareholders

Written by Customer Service on November 9, 2021. Posted in Public Companies.

MILPITAS, Calif., Nov. 09, 2021 (GLOBE NEWSWIRE) — View, Inc. (NASDAQ: VIEW, “View”), the leader in smart building technologies, today posted the following message on its website, www.view.com: “To View employees, customers, and shareholders, Today we announced the substantial completion of View’s Audit Committee investigation that found material errors in our previously reported warranty accruals relating to an older generation product. We expect that a restatement of our 2019, 2020, and 2021 financials will be required. Uncovering an issue with the functioning of our finance and accounting organization is painful. As CEO, I take full ownership and I am fully committed to do everything I can to correct this. We built View to be excellent in everything we do. Finance and accounting are no less a part of that commitment than other...

Osisko Reports Strong Third Quarter 2021 Results

Written by Customer Service on November 9, 2021. Posted in Public Companies.

Record operating cash flows from the royalties and streams segment of $44.1 million Strong cash margin of $46.5 million MONTRÉAL, Nov. 09, 2021 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) today announced its consolidated financial results for the third quarter of 2021. Amounts presented are in Canadian dollars, except where otherwise noted. Financial Highlights Earned 20,032 GEOs1 (Q3 2020 –16,739 GEOs) Record revenues from royalties and streams of $50.0 million (Q3 2020 – $41.2 million) Cash margin4 of 93% from royalty and stream interests (Q3 2020 – 96%); 97% excluding the Renard diamond stream Consolidated cash flows from operating activities of $41.1 million (Q3 2020 – $36.1 million) Record operating cash flows from the royalties and streams segment2 of $44.1 million (Q3...

Maxim Power Corp. Announces 2021 Third Quarter Financial and Operating Results, and Reports Significant Earnings with $52 million of Adjusted EBITDA in the First Nine Months of 2021

Written by Customer Service on November 9, 2021. Posted in Public Companies.

CALGARY, Alberta, Nov. 09, 2021 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the release of financial and operating results for the third quarter ended September 30, 2021. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR and on MAXIM’s website on November 9, 2021. All figures reported herein are Canadian dollars unless otherwise stated. FINANCIAL HIGHLIGHTS Three Months Ended September 30, Nine Months Ended September 30, ($ in thousands except per share amounts) 2021 2020 2021 2020 Revenue 44,224 17,726 118,596 29,444 Adjusted EBITDA (1) 20,639 5,698 51,503 6,304 Net income 18,092 498 74,107 337 Earnings per...

Essential Energy Services Announces Appointment of a New Board Member

Written by Customer Service on November 9, 2021. Posted in Public Companies.

CALGARY, Alberta, Nov. 09, 2021 (GLOBE NEWSWIRE) — Essential Energy Services Ltd. (TSX: ESN) (“Essential” or the “Company”) is pleased to announce the appointment of Ms. Felicia Bortolussi to the Company’s Board of Directors effective immediately. Ms. Bortolussi is an experienced securities lawyer with over 25 years dealing with corporate and commercial legal matters, corporate governance, mergers, acquisitions and divestments, capital formation, securities regulatory compliance, continuous disclosure, risk management and executive compensation and incentive programs. Ms. Bortolussi is the principal of her independent legal and advisory practice, which she established seven years ago and which includes acting in the capacity of out-sourced general counsel and as a board and executive-level legal advisor. Previously, Ms. Bortolussi...

RCF Acquisition Corp. Announces Pricing of $200 Million Initial Public Offering

Written by Customer Service on November 9, 2021. Posted in Public Companies.

Denver, CO , Nov. 09, 2021 (GLOBE NEWSWIRE) — RCF Acquisition Corp. (the “Company”) today announced the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “RCFA.U” beginning on November 10, 2021. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the NYSE under the symbols “RCFA” and “RCFA WS,” respectively. RCF Acquisition Corp. is a blank check company whose business purpose...

CloudMD Announces Results of the Annual General & Special Meeting

Written by Customer Service on November 9, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, Nov. 09, 2021 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a healthcare technology company transforming the delivery of care, has announced the results of its annual general and special meeting (“AGM”) held today, November 9, 2021. The Company further announces that it has appointed Duncan Hannay and Karen Adams to the Board of Directors of CloudMD. Mark Kohler, Chairman of the Board comments, “On behalf of the entire Board of Directors, I would like to personally thank all our supportive shareholders for having confidence in us to deliver on our strategy during this time of rapid growth. I would also like to welcome Karen Adams and Duncan Hannay as new directors, as their collective knowledge and experience will add...

View, Inc. Provides Update on Audit Committee Independent Investigation and 2021 Revenue Guidance

Written by Customer Service on November 9, 2021. Posted in Public Companies.

MILPITAS, Calif., Nov. 09, 2021 (GLOBE NEWSWIRE) — View, Inc. (NASDAQ: VIEW, “View”), the leader in smart building technologies, today provided an update on its previously disclosed Audit Committee independent investigation, an update on 2021 revenue guidance and the Company’s continuing business momentum. Audit Committee Substantially Completes its Independent InvestigationThe Audit Committee of View’s Board of Directors has now substantially completed its independent investigation and has concluded that the Company’s previously reported liabilities associated with all warranty-related obligations and the cost of revenue associated with the recognition of those liabilities were materially misstated. As a result, the Company will be restating its previously issued 2019 and 2020 annual and certain unaudited interim financial statements...

Stingray Reports Second Quarter 2022 Results

Written by Customer Service on November 9, 2021. Posted in Dividend Reports And Estimates.

Second Quarter Highlights Net debt to Pro Forma Adjusted EBITDA(5) ratio of 3.02x Adjusted free cash flow(4) decreased 32.8% to $15.4 million, or $0.21 per share, compared to $22.9 million or $0.31 per share Cash flow from operating activities decreased 19.6% to $20.4 million compared to $25.4 million Adjusted EBITDA(2) decreased 17.9% to $25.6 million from $31.2 million Organic growth reached 2.5% year-over-year in Broadcast and Recurring Commercial Music revenues(1), including 13.5% in the United States Revenues increased 11.1% to $71.4 million from $64.3 million, reflecting the gradual easing of COVID-19 restrictions, the progressive return to normal commercial operations, and an increase in advertising revenues 455,000 shares repurchased and cancelled during the quarter for a total of $3.4 million 611,000 streaming subscribers, up...

Melcor Developments announces third quarter results, declares quarterly dividend of $0.12 per share, and announces CEO succession plan

Written by Customer Service on November 9, 2021. Posted in Public Companies.

EDMONTON, Alberta, Nov. 09, 2021 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today reported results for the third quarter and nine months ended September 30, 2021. Company year-to-date revenue was up 13% to $165.03 million compared to 2020. Community Development division revenue increased 30% over the same period in 2020. Investment properties grew by 22,865 sf or 1% year-to-date as a result of properties transferred from our Property Development division. Revenue in our income-producing divisions (Investment Properties and REIT) was down 1% over Q3-2020 and up 1% year-to-date. Vacancy rates are up slightly due to challenging markets. Year-to-date net income was impacted by non-cash fair value losses of $26.31 million on REIT units related to unit...

Mount Logan Capital Inc. Announces September 2021 Interim Results; Declares Shareholder Distribution

Written by Customer Service on November 9, 2021. Posted in Public Companies.

TORONTO, Nov. 09, 2021 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (NEO: MLC) (“Mount Logan,” “our,” “we,” or the “Company”) announces its financial results for the third quarter ended September 30, 2021. All amounts are stated in United States dollars, unless otherwise indicated. Third Quarter Highlights: Total investment income increased 92% from $1.4 million for the three months ended June 30, 2021 to $2.7 million for the three months ended September 30, 2021 and increased 179% for the comparable period in 2020. Management fees and interest income represents 70% of total investment income, generated from our CLO Platform, Alt-CIF Interval Fund, Logan Ridge Finance Corporation and our minority interest in Sierra Crest Investment Management LLC. Successfully completed our transaction to become the investment advisor of Logan...

Day: November 9, 2021

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