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Year: 2021

Stingray Reports Second Quarter 2022 Results

Second Quarter HighlightsNet 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...

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

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...

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

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...

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ThreeD Capital Inc. Announces Unaudited October 31, 2021 Net Asset Value Per Share – $1.29

TORONTO, Nov. 09, 2021 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at October 31, 2021, its unaudited net asset value per share (“NAV”) was $1.29.   This announcement is made based on ThreeD’s established practice of releasing NAV on a monthly basis as part of the Company’s ongoing response to shareholder interest in receiving periodic information. NAV is calculated based on unaudited month-end financial information. Use of Non-GAAP Financial Measures: This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure. NAV is calculated as the value of total assets less the...

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Atos recognised as Leader in Managed Workplace Services by ISG in Australia

Atos recognised as Leader in Managed Workplace Services by ISG in Australia Melbourne, Australia, November 10, 2021 – Atos today announces that it has been recognised by Information Services Group (ISG), a leading global technology research and advisory firm, as a Leader in Managed Workplace Services in Australia in its Provider Lens™ “Future of Work — Services and Solutions” 2021 Quadrant report. Atos ranks highest for its strong managed digital workplace solution offering in Australia, and comprehensive end-to-end digital hybrid workplace platform that includes ongoing transformation to cloud-based modern management. The report recognises Atos’ strengths as:Strong managed digital workplace solution which covers Experience Design and Adoption, Proactive Experience Services, Intelligent Care Centre, Intelligent Collaboration...

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UPDATE – AnPac Bio Commences Proposed Public Offering of American Depositary Shares

PHILADELPHIA, Nov. 09, 2021 (GLOBE NEWSWIRE) — AnPac Bio-Medical Science Co., Ltd. (NASDAQ: ANPC, the “Company”), a biotechnology company with operations in China and the United States focusing on early cancer screening and detection, today announced it has commenced an underwritten public offering of its American Depositary Shares (“ADSs”). EF Hutton, division of Benchmark Investments, LLC, is acting as the sole book-running manager for the offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering. A registration statement on Form F-3 (File No. 333-256630) relating to the securities was filed with the U.S. Securities and Exchange Commission on May 28, 2021 and declared effective on June 7,...

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Ring Energy Announces Third Quarter 2021 Results

Continued to Generate Free Cash Flow, Reduce Debt and Increase Liquidity Position THE WOODLANDS, Texas, Nov. 09, 2021 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today reported operational and financial results for the third quarter 2021. Highlights and Recent Key ItemsSold 8,243 barrels of oil equivalent per day (“Boe/d”), or 758,387 barrels of oil equivalent (“Boe”) (87% oil), in the third quarter of 2021; Reported net income of $14.2 million, or $0.12 per diluted share, and Adjusted Net Income1 of $6.8 million, or $0.07 per share, in the third quarter of 2021; Generated Adjusted EBITDA1 of $19.7 million for the third quarter of 2021;Adjusted EBITDA for the nine months ended September 30, 2021 was $59.3 million;Delivered Net Cash Provided by Operating Activities of $17.5 million...

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Independence Holding Company Announces 2021 Third-Quarter and Nine-Month Results

STAMFORD, Conn., Nov. 09, 2021 (GLOBE NEWSWIRE) — Independence Holding Company (NYSE: IHC) today reported 2021 third-quarter and nine-month results. Financial Results IHC reported a loss from continuing operations attributable to IHC, net of tax, of $11,512,000 or $.79 per share for the three months ended September 30, 2021 compared to a loss of $7,340,000 or $.50 per share for the three months ended September 30, 2020. Loss from continuing operations attributable to IHC, net of tax, of $23,514,000 or $1.61 per share for the nine months ended September 30, 2021 compared to a loss of $16,391,000 or $1.11 per share for the nine months ended September 30, 2020. Net income attributable to IHC of $17,359,000 or $1.18 per share for the three months ended September 30, 2021 compared to $8,688,000 or $.59 per share, diluted, for the three...

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Alaris Equity Partners Income Trust Releases Q3 2021 Financial Results

NOT FOR DISTRIBUTION IN THE UNITED STATES. FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW. CALGARY, Alberta, Nov. 09, 2021 (GLOBE NEWSWIRE) — Alaris Equity Partners Income Trust (together, as applicable, with its subsidiaries, “Alaris” or the “Trust“) is pleased to announce its results for the three and nine months ended September 30, 2021. The results are prepared in accordance with International Accounting Standard 34. All amounts below are in Canadian dollars unless otherwise noted. Q3 2021 Highlights:Generated revenue of $42.9 million in the quarter, the largest quarter of revenue in Alaris’ history and an increase of 44% on a per unit basis compared to Q3 2020. Revenue of $110.0 million in the nine months ended September 30, 2021 represents a per unit increase...

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Shawcor Ltd. Announces Third Quarter 2021 Results

TORONTO, Nov. 09, 2021 (GLOBE NEWSWIRE) — Shawcor Ltd. (“Shawcor” or the “Company”) (TSX: SCL) reported today its operational and financial results for the three and nine months ended September 30, 2021. This press release should be read in conjunction with the Company’s Management Discussion and Analysis (MD&A) and interim consolidated financial statements for the three and nine months ended September 30, 2021, which are available on the Company’s website and at www.sedar.com. Highlights from the third quarter include:Adjusted EBITDA1 in the third quarter of 2021 was $31.8 million, 79% higher than the $17.8 million of Adjusted EBITDA reported in the third quarter of 2020, which included $17.0 million of COVID-19 related government wage subsidies. Order backlog increased by 4% to $507 million as at September 30, 2021, compared...

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