Day: March 29, 2022

Alcanna Reports Fourth Quarter and Fiscal Year End Financial Results

Written by Customer Service on March 29, 2022. Posted in Earnings Releases And Operating Results.

EDMONTON, Alberta, March 29, 2022 (GLOBE NEWSWIRE) — Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) today reported its financial results for the three months and year ended December 31, 2021. FINANCIAL RESULTSFor the fourth quarter of 2021, Alcanna’s same-store liquor sales from continuing operations was $154.3 million, which was an increase of 5.2% from Q4 2019 and 1.9% lower than Q4 2020. The operating profit before depreciation, remeasurements and other costs for the Company’s Liquor and Corporate Segments for the three months ended December 31, 2021 was $11.5 million compared to $6.5 million for Q4 2019 and $12.1 million in Q4 2020.The Company’s annual audited consolidated financial statements and management’s discussion and analysis (“MD&A”) for the year ended December 31, 2021 will be available in the “Investor...

GCM Mining Corp. Acquires 3,430,000 Common Shares in Denarius Metals Corp. and Files Early Warning Report

Written by Customer Service on March 29, 2022. Posted in Mergers And Acquisitions.

TORONTO, March 29, 2022 (GLOBE NEWSWIRE) — GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM; OTCQX: TPRFF) announced that it filed an early warning report in connection with its acquisition today over the Chi-X Market of an aggregate of 3,430,000 common shares (the “Denarius Shares”) of Denarius Metals Corp. (“Denarius”) (TSXV:DSLV; OTCQB: DNRSF). The Denarius Shares were acquired at a price of $0.475 per share for an aggregate purchase price of $1,645,545 and was effected through a block trade. The 3,430,000 Denarius Shares represent approximately 1.65% of the issued and outstanding shares of Denarius. Prior to the acquisition of the Denarius Shares, GCM Mining held 55,888,889 common shares, representing approximately 26.92% of the issued and outstanding shares of Denarius. After completion of the acquisition, the Acquiror...

Spectrum Group International Extends Partial Cash Tender Offer to Acquire up to 208 of its Common Shares

Written by Customer Service on March 29, 2022. Posted in Public Companies.

COSTA MESA, Calif., March 29, 2022 (GLOBE NEWSWIRE) — Spectrum Group International, Inc. (SPGZ) (“SGI” or the “Company”), an integrated network of leading companies concentrating on numismatics (coins) and paper currency, has extended the offering period of its previously announced tender offer (the “Offer”) for up 208 of its common shares at a price of $12,000 per share in cash. The number of shares for which the Offer is being made and the price per share in the Offer reflect the 1:10 reverse split of the common shares effected in December 2021. The Offer is now scheduled to expire at 5:00 p.m., New York City time, on Tuesday, April 5, 2022, unless the Offer is further extended or earlier terminated in accordance with the terms set forth in the Company’s Offer to Purchase, dated March 1, 2022, and the related Letter of Transmittal. American...

TRILLION COMPLETES EQUITY FINANCING

Written by Customer Service on March 29, 2022. Posted in Public Companies.

Oversubscribed Private placement upsized from $10 to almost $18 million Vancouver, BC, March 29, 2022 (GLOBE NEWSWIRE) — Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (Frankfurt: Z62) is pleased to announce that, further to the press releases dated March 14 and 16, 2022, it has closed an oversubscribed private placement for total gross proceeds of approximately $17,913,000 (the “Private Placement”). The Private Placement was increased from $10,000,000 to $17,913,000 due to a high demand to participate in the offering. In connection with the final tranches of the Private Placement, the Company issued an aggregate of approximately 62,198,000 units (the “Units”) at a price of $0.165 per Unit for aggregate gross proceeds of approximately $10,262,000. In the first tranche closed March 16, 2022, the Company...

Gold Standard Ventures Reports 2021 Annual Results

Written by Customer Service on March 29, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, March 29, 2022 (GLOBE NEWSWIRE) — Gold Standard Ventures Corp. (NYSE AMERICAN: GSV) (TSX: GSV) (“Gold Standard” or the “Company”) announces the Company’s audited consolidated financial results for the year ended December 31, 2021. For details of the audited consolidated financial statements, Management’s Discussion and Analysis, Annual Information Form, and Form 40-F for the year ended December 31, 2021, please see the Company’s filings on SEDAR and EDGAR. Jason Attew, President and CEO, commented, “Gold Standard had a very productive year in 2021, culminating in the recent release of the South Railroad Project Feasibility Study last month. The study outlined peer leading returns for undeveloped gold projects, and we are excited to continue de-risking the asset in 2022 with an...

Seacoast Announces the Acquisition of Apollo Bancshares, Inc.

Written by Customer Service on March 29, 2022. Posted in Mergers And Acquisitions.

Significantly Expands Seacoast’s Presence in South Florida’s Dynamic Miami-Dade County Marketplace STUART, Fla., March 29, 2022 (GLOBE NEWSWIRE) — Seacoast Banking Corporation of Florida (“Seacoast”) (NASDAQ: SBCF), the holding company for Seacoast National Bank (“Seacoast Bank”), announced today that it has signed a definitive agreement to acquire Apollo Bancshares, Inc. (“Apollo”), parent company of Apollo Bank based in Miami, FL. The proposed transaction will expand Seacoast’s presence in Miami-Dade County, part of the Miami-Fort Lauderdale-Pompano Beach metropolitan statistical area, Florida’s largest MSA and the 8th largest in the nation. Apollo Bank operates five branches across Miami-Dade County with deposits of approximately $928 million and loans of $665 million as of December 31, 2021. The proposed transaction, a natural...

DLC Releases Annual Results; Achieves Record Annual Funded Volumes Over $78 Billion

Written by Customer Service on March 29, 2022. Posted in Earnings Releases And Operating Results.

VANCOUVER, British Columbia, March 29, 2022 (GLOBE NEWSWIRE) — Dominion Lending Centres Inc. (TSX:DLCG) (“DLCG” or the “Corporation”) is pleased to report its financial results for the three months and year ended December 31, 2021 (“Q4-2021” and “annual”, respectively). For complete information, readers should refer to the annual audited consolidated financial statements, management discussion and analysis (“MD&A”) and annual information form (“AIF”) which are available on SEDAR at www.sedar.com and on the Corporation’s website at www.dlcg.ca. All amounts are presented in Canadian dollars unless otherwise stated. Reference herein to the Dominion Lending Centres Group of Companies (the “DLC Group” or “Core Business Operations”) includes the Corporation and its three main subsidiaries, MCC Mortgage Centres Canada Inc. (“MCC”),...

Pactiv Evergreen Inc. Completes Divestiture of Ownership Interest in Naturepak Beverage Packaging Co Ltd Joint Venture

Written by Customer Service on March 29, 2022. Posted in Mergers And Acquisitions.

LAKE FOREST, Ill., March 29, 2022 (GLOBE NEWSWIRE) — Pactiv Evergreen Inc. (NASDAQ: PTVE) announced today that its wholly-owned subsidiary, Evergreen Packaging International LLC, completed the previously announced sale of its 50 percent interest in Naturepak Beverage Packaging Co Ltd to affiliates of Elopak ASA. Naturepak Beverage Packaging Co Ltd supplies customers in the Middle East and Africa region from manufacturing plants in Morocco and Saudi Arabia. Financial terms were not disclosed. “The completion of this transaction positions Pactiv Evergreen to focus on our growth in North America where we are established as a leading manufacturer of fresh food and beverage packaging, servicing many of the world’s most beloved brands,” said Michael King, Pactiv Evergreen CEO. Contacts: Investors:Dhaval Patel732.501.9657dhaval.patel@pactivevergreen.com Media:...

Consolidated Water Reports 2021 Results

Written by Customer Service on March 29, 2022. Posted in Earnings Releases And Operating Results.

GEORGE TOWN, Cayman Islands, March 29, 2022 (GLOBE NEWSWIRE) — Consolidated Water Co. Ltd. (NASDAQ Global Select Market: CWCO), a leading developer and operator of advanced water supply and treatment plants, reported results for the year ended December 31, 2021. All comparisons are to the same year-ago period unless otherwise noted. The company will hold a conference call at 11:00 a.m. Eastern time tomorrow to discuss the results (see dial-in information below). 2021 HighlightsBulk revenue increased 10.2% to $26.8 million. Services revenue increased 7.3% to $13.9 million. Net income from continuing operations attributable to company stockholders was $3.4 million or $0.23 per share. As of December 31, 2021, cash and cash equivalents totaled $40.4 million, working capital was $69.2 million, debt was $0.2 million, with stockholders’...

FAX Capital Corp. Reports Fourth Quarter and 2021 Results

Written by Customer Service on March 29, 2022. Posted in Earnings Releases And Operating Results.

NOT FOR DISSEMINATION IN THE UNITED STATES OR DISTRIBUTION TO U.S. NEWS WIRE SERVICES TORONTO, March 29, 2022 (GLOBE NEWSWIRE) — FAX Capital Corp. (FAX Capital or the Company) (TSX: FXC) today announced its results for the fourth quarter and full year ended December 31, 2021. All currency figures are Canadian dollars. Despite heightened market volatility in the latter half of the year, the Company performed well in 2021 aided by solid growth in the value of its existing portfolio of investments, the stability of its cash balance and its share buyback program to enhance shareholder value. Operating Highlights:Book value of $5.20 per subordinate voting share and multiple voting share (collectively, the shares) at December 31, 2021 a decrease of 1.1% quarter-over-quarter and an increase of 7.7% year-over-year. Invested $65.2 million...

Day: March 29, 2022

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