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Day: May 3, 2022

Red White & Bloom Postpones Yearend Earnings Call

TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (the “Company” or “RWB”) announces that it has postponed the 2021 Yearend Earnings Call scheduled for May 3rd. The Company will provide further updates on May 3, 2022. About Red White & Bloom Brands Inc.Red White & Bloom is a multi-state cannabis operator and house of premium brands in the U.S. legal cannabis and hemp sector. RWB is predominantly focusing its investments on the major U.S. markets, including Arizona, California, Florida, Illinois, Massachusetts, and Michigan with respect to cannabis, and the U.S. and internationally for hemp-based CBD products. For more information, visit website: www.RedWhiteBloom.com, or follow RWB on social media: Twitter: @rwbbrands; Facebook: @redwhitebloombrands;Instagram: @redwhitebloombrands For...

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Aequus Announces Delay in Filing Annual Financial Statements

VANCOUVER, British Columbia, May 02, 2022 (GLOBE NEWSWIRE) — Aequus Pharmaceuticals Inc. (TSX-V: AQS, OTCQB: AQSZF) (“Aequus” or the “Company”) announces that the filing of its audited annual financial statements for the fiscal year ended December 31, 2021 and its management’s discussion and analysis relating to the Annual Financial Statements (collectively, the “Annual Disclosure”) will be delayed beyond the filing deadline of May 2, 2022. The Company’s late filing of the Annual Disclosure is due to delays in its audit procedure and receiving timely responses to its audit requests from third parties. The Company’s management is diligently working through the various issues in order to expedite the finalization of the Annual Disclosure. The Company fully expects to file the Annual Disclosure on or before Friday, May 6, 2022, and...

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OMNI-LITE INDUSTRIES REPORTS FOURTH QUARTER AND FISCAL 2021 RESULTS PRELIMINARY FIRST QUARTER FISCAL 2022 REVENUE PERFORMANCE APPOINTMENT OF CHIEF FINANCIAL OFFICER SUCCESSOR AND CONFERENCE CALL FOR INVESTORS TO BE HELD ON MAY 3, 2022

Fourth Quarter Fiscal 2021 HighlightsRevenue of US$1.7 million, Up 29% Year–over–Year Closed Sale/Leaseback of its California Facility, Generating Gross Proceeds of US$6.6 million Acquired Design Precision Castings (“DP Cast”) for Stock and Cash Consideration Ended Quarter with Cash Balance of approximately US$2.4 million, and Debt-Free Bookings of US$1.3 million up 39% over Year Ago; Quarter Year End Backlog of US$2.3 millionFiscal Year 2021 HighlightsFiscal 2021 Revenue of US$5.8 million, Down 14% Compared to the Year Ago Period         Implemented and Achieved Structural Cost Reductions of approximately US$400,000 Working Capital Efficiencies Driven By Inventory Reduction of approximately US$500,000Preliminary First Quarter Fiscal Year 2022 Revenue PerformanceUnaudited Revenue of US$2.4 million, a 86% Increase...

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Jade Power Reports 2021 Results

TORONTO, May 02, 2022 (GLOBE NEWSWIRE) — Jade Power Trust (“Jade Power” or the “Trust”) (TSXV: JPWR.UN) is pleased to report its financial results for the year ended 2021. All amounts are expressed in Canadian Dollars unless otherwise noted. Highlights1Energy generation of 153,044 MWh for the year ended December 31, 2021 compared to 158,947 MWh with the comparable period in 2020. Energy generation of 43,146 MWh for the fourth quarter of 2021 compared to 35,778 MWh for the fourth quarter of 2020. Energy for the fourth of 2021 quarter was higher than the fourth quarter of 2020 due to more favourable wind levels. Revenue of $18.7 million for the year ended December 31, 2021 compared to $18.7 million for the year ended December 31, 2020. Revenue of $4.8 million for the fourth quarter of 2021 compared to $3.9 million for the fourth...

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