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Year: 2021

Kirkland Lake Gold Reports Record Net Earnings in Q3 2021

TORONTO, Nov. 03, 2021 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced the Company’s financial and operating results for the third quarter (“Q3 2021”) and first nine months (“YTD 2021”) of 2021. The results included record quarterly earnings driven by strong operating results, including record quarterly production and all-in sustaining costs(1) at Detour Lake and continued grade outperformance at Fosterville. The Company also reported solid earnings growth in YTD 2021 compared to the first nine months of 2020 (“YTD 2020”), resulting largely from increased revenue. The Company’s full financial statements and management discussion & analysis are available on SEDAR at www.sedar.com and on the Company’s website at www.kl.gold. All dollar amounts are...

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Nemaura Medical to Present at the Diabetes Technology Society 2021 Conference on November 4, 2021

Loughborough, England, Nov. 03, 2021 (GLOBE NEWSWIRE) — Nemaura Medical, Inc. (NASDAQ: NMRD), a medical technology company focused on developing and commercializing non-invasive wearable diagnostic devices and supporting personalized lifestyle coaching programs, announces today that Chief Executive Officer Faz Chowdhury, Ph.D. will be presenting virtually at the Diabetes Technology Society Annual Meeting on November 4, 2021 at 2:00 PM ET. To watch the presentation, participants must be registered for the conference, which can be found here. The Diabetes Technology Society meeting’s goal is to connect technology developers and users to facilitate the creation of new and cost-effective tools to help people with diabetes. FDA officials will participate to update attendees on current U.S. regulatory policies. The meeting will particularly...

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Brookfield Completes Transition of Non-traded REIT from Oaktree

“Brookfield REIT” to be Distributed Through Brookfield Oaktree Wealth Solutions BROOKFIELD, NEWS, Nov. 03, 2021 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (NYSE: BAM; TSX: BAM.A) (“Brookfield”) and Oaktree Capital Management, L.P. (“Oaktree”) today announced the completion of the previously announced transition of the advisory role of Oaktree Real Estate Income Trust, Inc. (“Oaktree REIT”) to Brookfield and have renamed the non-traded REIT “Brookfield Real Estate Income Trust Inc.” (“Brookfield REIT” or “the REIT”). Brookfield REIT will be distributed by Brookfield Oaktree Wealth Solutions, a wealth management platform established to offer institutional-caliber alternative investment products to qualified individual investors globally. Through Brookfield REIT individual investors can obtain exposure to the same investment...

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LGI Homes Reports October 2021 Home Closings

THE WOODLANDS, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) today announced it closed 725 homes in October 2021, compared to 818 homes closed in October 2020. The Company ended the first ten months of 2021 with 8,641 home closings, a 28.0% increase over 6,749 home closings during the first ten months of 2020. As of October 31, 2021, the Company had 106 active selling communities. About LGI Homes, Inc. LGI Homes, Inc. is a pioneer in the homebuilding industry, successfully applying an innovative and systematic approach to the design, construction and sale of homes. As one of America’s fastest growing companies, LGI Homes has a notable legacy of more than 18 years of homebuilding excellence, over which time it has closed more than 50,000 homes and has been profitable every year. Headquartered in The Woodlands,...

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PHX Energy Announces Strong Third Quarter Results and Increased 2021 Capital Expenditure Program

CALGARY, Alberta, Nov. 03, 2021 (GLOBE NEWSWIRE) — Financial ResultsFor the three-month period ended September 30, 2021, PHX Energy Services Corp. (the “Corporation” or “PHX Energy”) generated strong third quarter revenue from continuing operations as demand for the Corporation’s premium technologies continued to strengthen and the industry activity continued to recover. PHX Energy recognized revenue of $93.3 million (2020 – $37 million) and PHX Energy’s consolidated activity levels for the third quarter increased by 133 percent to 5,753 days (2020 – 2,467 days). For the three-month period September 30, 2021, earnings from continuing operations were $4.2 million in the 2021-quarter (2020 – $1.6 million) and adjusted EBITDA from continuing operations was $14.1 million (2020 – $6.8 million) (see “Non-GAAP...

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Grant of Incentive Subscription Rights in IDEX Biometrics 3 November 2021

The board of directors of IDEX Biometrics ASA resolved on 3 November 2021 to issue 5,485,900 incentive subscription rights to employees and individual contractors in the IDEX Biometrics group. The grant was made under the company’s 2021 incentive subscription rights plan as resolved at the annual general meeting on 12 May 2021. The exercise price of the subscription rights is NOK 2.65 per share. The subscription rights vest by 25% per year over four years and expire on 12 May 2026. Following the grants there are 72,384,566 subscription rights outstanding in IDEX. For further information contact:Marianne Bøe, Investor Relations E-mail: marianne.boe@idexbiometrics.comTel: + 47 9180 0186 James A. Simms, Chief Financial OfficerE-mail: jamie.simms@idexbiometrics.comTel: +1 978 319 5372 About IDEX BiometricsIDEX Biometrics ASA (OSE: IDEX...

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Fossil Group, Inc. Announces Pricing of Upsized $140 Million Offering of Senior Notes Due 2026

RICHARDSON, Texas, Nov. 03, 2021 (GLOBE NEWSWIRE) — Fossil Group, Inc. (NASDAQ: FOSL) (“Fossil Group” or the “Company”) today announced the pricing of its underwritten registered public offering of $140 million aggregate principal amount of 7.00% Senior Notes due 2026 (the “Notes”), representing a $15 million upsize from the previously announced offering. The Company has granted the underwriters a 30-day option to purchase an additional $10.0 million aggregate principal amount of the Notes in connection with the offering. The offering is expected to close on November 8, 2021, subject to customary closing conditions. The Company has applied to list the Notes on Nasdaq under the symbol “FOSLL” and expects the Notes to begin trading within 30 business days of the closing date of the offering, if approved. The Company expects to use...

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Update: SWM ANNOUNCES THIRD QUARTER 2021 RESULTS

Alpharetta, Nov. 03, 2021 (GLOBE NEWSWIRE) — Schweitzer-Mauduit International, Inc. (“SWM” or the “Company”) (NYSE: SWM) reported earnings results for the three month and nine month periods ended September 30, 2021. Adjusted measures are reconciled to GAAP at the end of this release.  Financial and operating comparisons are versus the prior year period.  Figures may not sum to total due to rounding.  Definitions: Advanced Materials & Structures (AMS), Engineered Papers (EP), low ignition propensity (LIP), “organic” – pro forma for Tekra acquisition that closed in March 2020, and excludes benefit of Scapa acquisition in April 2021 Third Quarter 2021 Financial Results SummaryContinued strong demand in AMS, highlighted by 10% organic sales growth, offset by escalating input cost inflation...

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Digital Health Acquisition Corp. Prices $100 Million Initial Public Offering

New York, New York, Nov. 03, 2021 (GLOBE NEWSWIRE) — Digital Health Acquisition Corp., a newly organized blank check company formed as a Delaware corporation, today announced the pricing of its initial public offering of 10,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one share of common stock and one redeemable warrant. Each warrant will entitle the holder thereof to purchase one share of common stock at $11.50 per share. The units are expected to trade on The Nasdaq Global Market (“Nasdaq”) under the ticker symbol “DHACU” beginning November 4, 2021. Digital Health Acquisition Corp. expects the initial public offering to close on November 8, 2021, subject to customary closing conditions. Once the securities comprising the units begin separate trading, the common stock and the warrants are...

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Comstock Appoints Ivy Zelman to Board of Directors

Founder of Zelman & Associates, The Leading Housing Research and Investment Banking Firm In America Joins Company as Comstock Accelerates Growth of Institutional Venture Platform RESTON, Va., Nov. 03, 2021 (GLOBE NEWSWIRE) — Comstock Holding Companies Inc. (NASDAQ: CHCI) announced today the appointment of Ivy Zelman to its Board of Directors. Ms. Zelman will serve as a member of the Board for an initial term extending through the Company’s 2024 Shareholder’s Meeting and will provide additional tactical consulting services pursuant to a special consulting arrangement related to Comstock’s Institutional Venture Platform and strategic growth initiatives. Ivy Zelman is a highly regarded and sought-after expert on the housing sector with years of experience providing insightful research and analysis of homebuilders, for-rent multi-family...

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