Day: March 16, 2022

Imperial Reports 2021 Financial Results

Imperial Reports 2021 Financial Results

VANCOUVER, Bir, March 16, 2022 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for its fiscal year ended December 31, 2021. Select Annual Financial Information   Years Ended December 31   expressed in thousands, except share and per share amounts   2021   2020   2019(3)   Operations:         Total revenues   $133,591   $148,097   $71,823   Net loss   $(26,070 ) $(4,892 ) $(41,224 ) Net loss per share   $(0.19 ) $(0.04 ) $(0.32 ) Diluted loss per share   $(0.19 ) $(0.04 ) $(0.32 ) Adjusted net loss (1)   $(23,181 ) $(5,421 ) $(50,310 ) Adjusted net loss per share (1)   $(0.17 ) $(0.04 ) $(0.40 ) Adjusted EBITDA(1)   $11,553   $36,034   $(4,261 ) Cash earnings (1)(2)   $11,034   $36,909   $(3,611 ) Cash earnings per share (1)(2)   $0.08   $0.29   $(0.03 ) Working...

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Altus Group Announces First Quarter 2022 Dividend

Altus Group Announces First Quarter 2022 Dividend

TORONTO, March 16, 2022 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus Group” or “the Company”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, announced today that the Board of Directors has approved the payment of a cash dividend of $0.15 per common share for the first quarter ending March 31, 2022. Payment will be made on April 18, 2022 to common shareholders of record as at March 31, 2022. Altus Group’s Dividend Reinvestment Plan (“DRIP”) permits eligible shareholders to direct their cash dividends to be reinvested in additional common shares of the Company. For shareholders who wish to reinvest their dividends under the DRIP, Altus Group intends to issue common shares from treasury at a price equal to 96% of the weighted average closing...

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Melcor Developments Announces Results for 2021 and a Dividend of $0.14 per Share

Melcor Developments Announces Results for 2021 and a Dividend of $0.14 per Share

EDMONTON, Alberta, March 16, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year ended December 31, 2021. Revenue increased by 39% to a record $315.63 million in 2021 compared to $226.82 million in 2020. Net income was up 391% to $56.31 million or $1.70 per share (basic) in 2021, compared to $11.46 million or $0.34 per share (basic) in 2020. Net income is impacted by non-cash items including fair value adjustments on REIT units and investment properties. These fair value adjustments are due to market factors outside management’s control and that is why management prefers funds from operations (FFO)(1) as a better reflection of true operating...

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Vigil Health Announces Securityholder Approval of Arrangement with ABLOY Canada Inc.

Vigil Health Announces Securityholder Approval of Arrangement with ABLOY Canada Inc.

VICTORIA, British Columbia, March 16, 2022 (GLOBE NEWSWIRE) — Vigil Health Solutions Inc. (“Vigil” or the “Company”) (TSXV: VGL) announced today that at today’s special meeting of holders (the “Shareholders”) of common shares in the capital of Vigil (the “Common Shares”) and holders of options (the “Optionholders”) to acquire Common Shares, that Shareholders and Optionholders have approved the arrangement resolution (the “Arrangement Resolution”) under which ABLOY Canada Inc. (the “Purchaser”) will acquire 100% of Vigil’s issued and outstanding common shares by way of an arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”). Under the Arrangement, each Shareholder will receive $0.67 for each share held (the “Meeting”). The total equity value of the transaction is approximately $12.55 million. The...

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Bioceres Crop Solutions and Marrone Bio Announce Merger Agreement

Bioceres Crop Solutions and Marrone Bio Announce Merger Agreement

Combined company creates global leader in sustainable agricultural solutions Bioceres obtains commitment for up to $45 million loan facility and conversion of existing convertible notes into shares and new term loan facility ROSARIO, Argentina and RALEIGH, N.C., March 16, 2022 (GLOBE NEWSWIRE) — Bioceres Crop Solutions Corp. (NASDAQ: BIOX) (Bioceres) and Marrone Bio Innovations, Inc. (NASDAQ: MBII) (MBI) announced today that they have entered into a definitive agreement to combine the companies in an all-stock transaction. Under the terms of the transaction, which has been unanimously approved by the Board of Directors of both companies, each share of MBI common stock will be exchanged at closing for ordinary shares of Bioceres at a fixed ratio of 0.088, representing a value of approximately $236 million, based on the Bioceres...

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DIRTT Announces Advancements Driving Partner Momentum

DIRTT Announces Advancements Driving Partner Momentum

Highlights include: Launching Partner Advisory Council Confidence in market recovery and new opportunities Appointment of additional New York partner CALGARY, Alberta, March 16, 2022 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (NASDAQ: DRTT, TSX: DRT), an interior construction company that uses proprietary software to design, manufacture, and install fully customizable environments, announces the commencement of partner initiatives supporting enhanced performance. “Our partners are critical to our success, which is what makes these initiatives so important to DIRTT,” says Todd Lillibridge, Interim Chief Executive Officer. “Working alongside these industry leaders will further the momentum we have been building as we put DIRTT on the path to profitability.” In consultation with DIRTT Partners,...

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Oak Valley Community Bank  Announces Promotion

Oak Valley Community Bank Announces Promotion

OAKDALE, Calif., March 16, 2022 (GLOBE NEWSWIRE) — Oak Valley Community Bank, a wholly-owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY), announced the promotion of Kim Karp to Assistant Vice President, Branch Manager of the bank’s Escalon Branch. Karp has nearly 20 years of banking experience. She began her career with Oak Valley at the Escalon Branch over 14 years ago. In 2010, she transferred to the bank’s Central Operations department where she spent several years broadening her knowledge base across all facets of bank operations and processing. She returned to the Escalon Branch as Customer Service Manager in 2015 and thrived in that role supporting staff and clients alike. In 2017, Karp received the Customer Service Manager of the Year award recognizing her exemplary performance and achievements. In her new role, she...

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TDG Gold Corp. Announces Addition of Flow-Through Shares To Brokered Private Placement

TDG Gold Corp. Announces Addition of Flow-Through Shares To Brokered Private Placement

All currencies are shown in Canadian dollars (C$) unless otherwise stated. WHITE ROCK, British Columbia, March 16, 2022 (GLOBE NEWSWIRE) — TDG Gold Corp (TSXV: TDG) (the “Company” or “TDG”) is pleased to announce that in connection with its previously announced “best efforts” private placement offering (the “Offering”), it has agreed with Raymond James Ltd., on behalf of a syndicate of agents (collectively, the “Agents”), to add flow-through shares (“FT Shares”) to the Offering. The Offering will now be comprised of up to $10 million of charity flow-through shares, flow-through shares and common shares with a minimum of $2 million of common shares. The Offering will consist of a combination of charity flow-through shares of the Company (the “Charity FT Shares”) at a price of $0.60 per Charity FT Share, the FT Shares at a price...

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Koios Beverage Corp. Announces Shares for Service Issuance

Koios Beverage Corp. Announces Shares for Service Issuance

DENVER and VANCOUVER, British Columbia, March 16, 2022 (GLOBE NEWSWIRE) — Koios Beverage Corp. (CSE: FIT; OTC: FITSF) (the “Company” or “Koios”) announces the issuance of 172,662 common shares at a price of $0.37 per common share to Blackbeard Beverages, LLC (“Blackbeard”) in respect of a distribution agreement to sell the Company’s beverage products directly to distributors and retailers in new territories and distributors and retailers not currently selling the Company’s beverage products. The common shares issued today are subject to a statutory four-month hold period in accordance with applicable securities laws, which will expire on July 17, 2022. On behalf of the Board of Directors of the Company, KOIOS BEVERAGE CORP. “Chris Miller” Chris Miller, CEO, and Director For further information, please contact: Gina...

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Riot Blockchain Announces Financial Results and Operating Highlights for the Year Ended December 31, 2021

Riot Blockchain Announces Financial Results and Operating Highlights for the Year Ended December 31, 2021

Riot Earns Record 3,812 BTC and $213.2 Million in Total Revenue in 2021 CASTLE ROCK, Colo., March 16, 2022 (GLOBE NEWSWIRE) — Riot Blockchain, Inc. (NASDAQ: RIOT) (“Riot,” “Riot Blockchain” or “the Company”), an industry leader in Bitcoin (“BTC”) mining and hosting, announced today financial highlights and financial results, for the full year ended December 31, 2021. The audited financial statements are available on Riot’s website and here. Increased 2021 total revenue by 1,665% to $213.2 million, compared to $12.1 million in 2020. Reported a net loss of $7.9 million in 2021, as compared to a net loss of $12.7 million in 2020. Net loss for the fiscal year 2021 was significantly impacted by non-cash stock-based compensation expense of $68.5 million and a non-cash, unrealized loss of $36.5 million on impairment of cryptocurrencies. Produced...

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