Day: May 6, 2022

Imperial Reports First Quarter 2022 Financial Results

Imperial Reports First Quarter 2022 Financial Results

VANCOUVER, British Columbia, May 06, 2022 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports financial results for the three months ended March 31, 2022, as summarized in this news release and discussed in detail in the Management’s Discussion & Analysis. The Company’s financial results are prepared in accordance with International Financial Reporting Standards. The reporting currency of the Company is the Canadian (“CDN”) Dollar. QUARTER HIGHLIGHTS FINANCIAL Total revenue was $33.1 million in the March 2022 quarter compared to $33.1 million in the 2021 comparative quarter. In the March 2022 quarter, the Red Chris mine (100% basis) had 3.0 concentrate shipments (2021-3.7 concentrate shipments). Variations in revenue are impacted by the timing and quantity of concentrate shipments, metal prices...

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<div>Jourdan Engages Stanford & Turner for Assistance with Marketing Campaign</div>

Jourdan Engages Stanford & Turner for Assistance with Marketing Campaign

TORONTO, May 06, 2022 (GLOBE NEWSWIRE) —  JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF) (“Jourdan” or the “Company“) announces today that it has entered into a marketing services agreement with Stanford & Turner Marketing Group (“Stanford”). Stanford is a digital media marketing company that provides a combination of content development, web development, media buying and distribution, and reporting and optimization to Jourdan. Pursuant to the agreement, Stanford will assist Jourdan in enhancing its visibility with potential investors through a digital marketing campaign for a total cost of US$75,000 over a three-month period commencing May 9, 2022, and US$25,000 per month on a month-to-month basis thereafter. Stanford is an arm’s length party from the Company and principally operates out of Los Angeles, California. As of...

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Camposol Holding PLC reports fourth quarter and audited full year 2021 financial results

Camposol Holding PLC reports fourth quarter and audited full year 2021 financial results

Camposol Holding PLC reports fourth quarter and audited full year 2021 financial results CSOL Holding’s 2021 EBITDA from continuing operations amounted to USD 113.4 million and the corresponding EBITDA margin was 29.4%. Sales amounted to USD 385.8 million, up 12.4% compared to 2020, explained mainly due to increases in blueberries volumes, and also due to more hectares in medium and high yield phase compared to 2020. As of December 31st, 2021, the Company maintained a cash balance of USD 30.5 million. The Company continues executing its strategy to become a year-round supplier of fresh fruit to our global clients complementing its Peruvian window operations with investments in Colombia, Uruguay and lately in Chile, and capitalizing on its commercial and logistic platforms. Please see the full fourth quarter and full year 2021 financial...

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Magnetic North Acquisition Corp. Announces Issuance of Management Cease Trade Order By ASC

Magnetic North Acquisition Corp. Announces Issuance of Management Cease Trade Order By ASC

CALGARY, Alberta and TORONTO, May 06, 2022 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC; MNC.PR.A) (“Magnetic North” or the “Company“) announces that its principal regulator, the Alberta Securities Commission (the “ASC“), has accepted the Company’s request for, and the ASC has granted, a management cease trade order (the “MCTO“). As previously announced on April 26, 2022, the application for the MCTO was made by the Company due to a delay in the preparation and filing of the Company’s annual audited financial statements for the financial year ended December 31, 2021, the accompanying management’s discussion and analysis and the related CEO and CFO certifications (collectively, the “Annual Filings“), which were due May 2, 2022. The MCTO...

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Nocopi Reports Q1 Cash Position increased to $2M Despite Continued Impact of COVID-19 Lockdowns in Asia and Global Supply Chain Disruptions

Nocopi Reports Q1 Cash Position increased to $2M Despite Continued Impact of COVID-19 Lockdowns in Asia and Global Supply Chain Disruptions

KING OF PRUSSIA, Pa., May 06, 2022 (GLOBE NEWSWIRE) — Nocopi Technologies, Inc. (OTC Pink: NNUP), a developer of specialty reactive inks used in entertainment, toy and educational products as well as in document and product authentication technologies to combat fraud, today announced results for its first quarter ended March 31, 2022 (Q1 ’22). Nocopi’s SEC filings are available here. Q1’22 ResultsQ1’22 revenue declined to $339,400 as compared to Q1’21 revenue of $611,400, principally reflecting a decrease in specialty ink purchases by Asia-based printers, a trend that also impacted the second half of 2021. Demand for Nocopi’s specialty ink offerings has been sharply impacted by ongoing global supply chain challenges, including significant increases in international shipping costs, as well as pandemic-related lockdowns in Asia that...

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Westport Fuel Systems Reports First Quarter 2022 Financial Results

Westport Fuel Systems Reports First Quarter 2022 Financial Results

VANCOUVER, British Columbia, May 06, 2022 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“WFS”) (TSX:WPRT / Nasdaq:WPRT) today reported financial results for the first quarter ended March 31, 2022 and provided an update on operations. All figures are in U.S. dollars unless otherwise stated. FIRST QUARTER 2022 HIGHLIGHTS Revenues of $76.5 million, comparable to the same period in 2021 against the backdrop of the Russian-Ukraine conflict and fuel price volatility. Excluding foreign exchange translation, revenues increased by approximately 6% year-over-year. Net income of $7.7 million and net income per share of $0.05 Gain of $19.1 million recognized for the sale of our interest in the Cummins Westport Inc. (“CWI”) joint venture including the monetization of the related intellectual property Adjusted earnings before interest,...

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Canoe EIT Income Fund Announces May 2022 Quarterly Distribution on Preferred Units

Canoe EIT Income Fund Announces May 2022 Quarterly Distribution on Preferred Units

CALGARY, Alberta, May 06, 2022 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (“Canoe” or the “Fund”)(TSX – EIT.UN, EIT.PR.A, EIT.PR.B) announces quarterly distribution on preferred units. Cumulative Redeemable Series 1 and Series 2 Preferred Unit holders will receive a distribution of $0.30 per unit. The distribution will be paid on June 15, 2022 to unitholders of record on May 20, 2022. The ex-distribution date for this distribution is May 19, 2022. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Senior Vice President...

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Canoe EIT Income Fund Announces May 2022 Distribution

Canoe EIT Income Fund Announces May 2022 Distribution

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America. CALGARY, Alberta, May 06, 2022 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the May 2022 distribution of $0.10 per unit. The distribution will be paid on June 15, 2022 to unitholders of record on May 20, 2022. The ex-distribution date for this distribution is May 19, 2022. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe...

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PDC Energy, Inc. Completes Great Western Acquisition

PDC Energy, Inc. Completes Great Western Acquisition

DENVER, May 06, 2022 (GLOBE NEWSWIRE) — PDC Energy, Inc. (NASDAQ: PDCE) (“PDC” or the “Company”) today announced that it has completed its acquisition of Great Western Petroleum, LLC (“Great Western”), a privately held company based in Denver. The acquisition was previously announced on February 28, 2022. The consideration paid was $543 million (less $50 million previously placed into escrow) and approximately 4 million shares of PDC common stock. In addition, the Company paid off the Great Western secured credit facility totaling $235 million and $312 million in principal amount of Great Western’s 12% senior secured notes due 2025. Bart Brookman, President and Chief Executive Officer of PDC, stated, “We are excited to close the Great Western acquisition, which is accretive to our operating, ESG and financial metrics. We look forward...

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E-Home Household Services Holdings Limited Announces Half-Year Results Ended December 31, 2021

E-Home Household Services Holdings Limited Announces Half-Year Results Ended December 31, 2021

FUZHOU, China, May 06, 2022 (GLOBE NEWSWIRE) —  E-Home Household Service Holdings Limited (Nasdaq: EJH) (the “Company” or “E-Home”), a provider of integrated household services in China, today announced its financial results for the six months ended December 31, 2021. Financial Highlight Total revenue was $34.08 million for the six months ended December 31, 2021. Revenue from senior care services increased by 70.42% to $4.09 million for the six months ended December 31, 2021, from $2.40 million for the six months ended December 31, 2020. Cash and cash equivalents were $59.32 million and $52.41 million as of December 31, 2021 and June 30, 2021, respectively.   For six months ended December 31 ($ millions, except per share data, differences due to rounding)   2021       2020   % Change Total revenue $ 34.08     $ 44.09   (22.70 %) Total...

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