Month: March 2022

Euro Sun Closes Financing Arrangement

Written by Customer Service on March 1, 2022. Posted in Public Companies.

Not for Distribution to United States Newswire Services or for Dissemination in the United States TORONTO, March 01, 2022 (GLOBE NEWSWIRE) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce that it has closed the first funding amount of $3.5 million pursuant to its previously announced convertible security funding agreement (the “Agreement”) with Lind Global Fund II, LP, an investment entity managed by the Lind Partners, a New York based institutional fund manager (together “Lind”). Euro Sun intends to use the funding for development expenditures at its Rovina Valley Project and for general and corporate working capital purposes. Pursuant to the Agreement, the Company has issued to Lind (i) a convertible security (a “Convertible Security”) with a face value of $4.2 million (the “Loan Face Value”),...

Captor Capital Releases Unaudited Condensed Interim Consolidated Financial Statements For the Three and Nine Months Ended December 31, 2021

Written by Customer Service on March 1, 2022. Posted in Earnings Releases And Operating Results.

Revenues of $8,404,525 ($0.16 per share) reported for the third quarter Gross Profit of $3,434,186 ($0.06 per share) reported for the third quarterTORONTO, March 01, 2022 (GLOBE NEWSWIRE) — Captor Capital Corp. (CSE: CPTR; FRANKFURT: NMVA; STUTTGART: NMVA), (“Captor” or the “Company”), is pleased to announce today the release of its Unaudited Condensed Interim Consolidated Financial Statements and MD&A for the three and nine months ended December 31, 2021. In the third quarter, revenues from the sale of cannabis at the Company’s California dispensary network were $8,404,525, with the Company recording a gross profit of $3,434,186. Management Commentary“We have experienced consistent growth despite the current retail environment, as Captor maintains steady revenues benefiting from the locations and...

Cerro Grande Mining Corporation Announces its First Fiscal Quarter ended December 31, 2021 results compared to the same period in 2020

Written by Customer Service on March 1, 2022. Posted in Earnings Releases And Operating Results.

TORONTO, March 01, 2022 (GLOBE NEWSWIRE) — Cerro Grande Mining Corporation (the “Company” or “CEG”) (CSE:CEG) reported its unaudited results for the first fiscal quarter ended December 31, 2021 compared to the same quarter in 2020. These financial statements and MD&A have been filed on SEDAR and the Company refers the reader to those materials for additional information. Cerro Grande Mining Corporation is an exploration and development company with properties and activities currently focused in Chile. Cautionary Statement on Forward-looking Information: This news release contains “forward-looking information”, which may include, but is not limited to, statements with respect to the future financial or operating performance of CEG. Often, but not always, forward-looking statements can be identified by the use of...

Lowell Farms Inc. Announces Unaudited Fourth Quarter and Fiscal Year 2021 Financial and Operational Results

Written by Customer Service on March 1, 2022. Posted in Earnings Releases And Operating Results.

Lowell announces organic sequential revenue growth of 21% SALINAS, Calif., March 01, 2022 (GLOBE NEWSWIRE) — Lowell Farms Inc. (the “Company”) (CSE: LOWL; OTCQX: LOWLF), a California-born innovator in cannabis cultivation and maker of the legendary brand Lowell Smokes, announces unaudited revenue and operating results for the fourth quarter and fiscal year (ended December 31, 2021). All figures stated are in US Dollars. Fourth Quarter and Fiscal Year Financial Highlights:Revenue generated for the quarter ended December 31, 2021 was $15.1 million; an increase of 65% from the fourth quarter last year and a 21% sequential increase from the third quarter. Revenue for the year ended December 31, 2021 was $53.7 million, reflecting a company record and 26% growth over the prior year. Revenue from Lowell Farm Services (LFS) was $3.2...

Lincoln Electric Acquires Kestra Universal Soldas, Indústria e Comércio, Importação e Exportação Ltda.

Written by Customer Service on March 1, 2022. Posted in Mergers And Acquisitions.

CLEVELAND, March 01, 2022 (GLOBE NEWSWIRE) — Lincoln Electric Holdings, Inc. (Nasdaq: LECO) announced today that it has acquired Kestra Universal Soldas, Indústria e Comércio, Importação e Exportação Ltda. (“Kestra”), a privately held manufacturer headquartered in Atibaia, São Paulo State, Brazil. Kestra manufactures and provides specialty welding consumables, wear plates and maintenance and repair services for alloy and wear-resistant products commonly used in mining, steel, agricultural and industrial mill applications. Kestra advances Lincoln Electric’s 2025 Higher Standard strategy in South America by broadening its specialty alloys portfolio and services. Kestra’s annual revenue is approximately USD$15 million. Terms of the transaction were not disclosed. About Lincoln Electric Lincoln Electric is the world leader in the engineering,...

FactSet Completes Acquisition of CUSIP Global Services

Written by Customer Service on March 1, 2022. Posted in Mergers And Acquisitions.

NORWALK, Conn., March 01, 2022 (GLOBE NEWSWIRE) — FactSet (NYSE:FDS) (NASDAQ:FDS), a global provider of integrated financial information, analytical applications and industry-leading services, today announced the successful completion of its acquisition of CUSIP Global Services (CGS) from S&P Global Inc. for approximately $1.925 billion. The acquisition was previously announced on December 27, 2021 and will significantly expand FactSet’s critical role in the global capital markets. As part of FactSet, CGS will continue to carefully steward the CUSIP system in close partnership with the American Bankers Association. In addition, FactSet today closed its offering of 2.90% senior notes due 2027 and 3.45% senior notes due 2032, which was launched and priced on February 15, 2022, and entered into new senior term and revolving credit...

Porch Group Reports Fourth Quarter and Full Year 2021 Financial Results

Written by Customer Service on March 1, 2022. Posted in Earnings Releases And Operating Results.

– Reports $192.4 Million of Full Year 2021 Revenue, up 166% Year-Over-Year – – Provides 2022 Guidance of $320 Million in Revenue and $600 Million of Gross Written Premium, Representing 66% and 95% Year-over-Year Growth Respectively; Targets Approximately -9% EBITDA Margin in 2022 – – Announces acquisition of Residential Warranty Services to Continue Expansion Into Home Warranty and Home Inspection Software – SEATTLE, March 01, 2022 (GLOBE NEWSWIRE) — Porch Group, Inc. (“Porch” or “the Company”) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today reported financial results for the fourth quarter and full year ended December 31, 2021. “Our operational and strategic execution delivered strong fourth quarter and full year results, highlighted...

ECN Capital Reports US$0.06 in Adjusted Net Income per Common Share in Q4-2021 and US$0.19 for full year 2021

Written by Customer Service on March 1, 2022. Posted in Earnings Releases And Operating Results.

Solid Q4 2021 and FY 2021 Results Across Businesses TORONTO, March 01, 2022 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period and year ended December 31, 2021. For the three-month period ended December 31, 2021, ECN Capital reported Adjusted net income applicable to common shareholders from continuing operations of $13.8 million or $0.06 per share (basic) versus $13.7 million or $0.06 per share (basic) for the previous three-month period and $1.5 million or $0.01 per share (basic) for the same period last year. For the twelve-month period, the Company reported Adjusted net Income applicable to common shareholders of $45.7 million or $0.19 per share (basic) versus $17.2 million or $0.07 per share (basic) for the same period last year. “ECN...

First Solar, Inc. Announces Fourth Quarter and Full Year 2021 Financial Results and 2022 Guidance

Written by Customer Service on March 1, 2022. Posted in Earnings Releases And Operating Results.

Net sales of $2.9 billion for 2021 and $0.9 billion for the fourth quarter Net income per diluted share of $4.38 for 2021 and $1.23 for the fourth quarter Year-end 2021 cash, cash equivalents, restricted cash, and marketable securities of $1.8 billion 17.5 GWDC of 2021 net bookings; 11.8 GWDC since third quarter earnings call 2022 net sales guidance of $2.4 billion to $2.6 billion 2022 EPS guidance of $0.00 to $0.60 Year-end 2022 net cash balance guidance of $1.1 billion to $1.35 billion Company in advanced stage discussions to sell Japan project development and O&M platformTEMPE, Ariz., March 01, 2022 (GLOBE NEWSWIRE) — First Solar, Inc. (Nasdaq: FSLR) today announced financial results for the fourth quarter and year ended December 31, 2021. Net sales for the fourth quarter were $0.9 billion, an increase of $0.3 billion...

SLR Senior Investment Corp. Announces Year Ended December 31, 2021 Financial Results

Written by Customer Service on March 1, 2022. Posted in Earnings Releases And Operating Results.

Record Originations Volume Drove a 36% Year-Over-Year Increase in Comprehensive Portfolio NEW YORK, March 01, 2022 (GLOBE NEWSWIRE) — SLR Senior Investment Corp. (NASDAQ: SUNS) (the “Company” or “SUNS”) today reported net investment income of $3.5 million, or $0.22 per average share, for the quarter ended December 31, 2021. For fiscal year 2021, net investment income was $14.3 million, or $0.89 per average share. Excluding one-time expenses related to the proposed merger with SLR Investment Corp., net investment income per average share would have been $0.27 for the quarter ended December 31, 2021, and $0.94 for the year ended December 31, 2021. Please see reconciliation table in the discussion of our results of operations for the year. At December 31, 2021, net asset value (NAV) was $15.43 per share. The Company’s Board of Directors...

Month: March 2022

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