ECN Capital Reports US$0.06 in Adjusted Net Income per Common Share in Q1-2022

Written by Customer Service on May 12, 2022. Posted in Dividend Reports And Estimates.

Solid Q1 2022 Results Across Businesses TORONTO, May 12, 2022 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital” or the “Company”) today reported financial results for the three-month period ended March 31, 2022. For the three-month period ended March 31, 2022, ECN Capital reported Adjusted net income applicable to common shareholders from continuing operations of $14.3 million or $0.06 per share (basic) versus $13.8 million or $0.06 per share (basic) for the previous three-month period and $4.7 million or $0.02 per share (basic) for the same period last year. “I am extremely pleased with the growth and resilience of our businesses in Q1”, said Steven Hudson, CEO of ECN Capital Corp. “Triad, Source One and KG together produced ahead of plan results driving adjusted operating earnings of $0.06, ahead of our guidance...

Proactive news headlines including Disney, Touchstone Exploration, Global Energy Metals, New Age Metals and CULT Food Science

Written by Customer Service on May 12, 2022. Posted in Mergers And Acquisitions.

New York, May 12, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Walt Disney reports higher streaming services sign-ups unlike rival Netflix Touchstone Exploration quarterly sales rise 28% boosted by oil and gas prices Global Energy Metals CEO says shareholders expected to benefit greatly as electric revolution strengthens New Age Metals eyeing busy months ahead as it advances ‘green’ agenda with two divisions CULT Food Science hails cellular agriculture as ‘viable solution’ to help combat global food insecurity Manganese X Energy says positive PEA for its Battery Hill project includes an after-tax NPV 10% of $486M Mandalay Resources reports strong Q1 results; EBITDA second highest in its history CareRx...

One Liberty Properties Increases Industrial Property Portfolio With $17.0 Million Purchase

Written by Customer Service on May 12, 2022. Posted in Mergers And Acquisitions.

GREAT NECK, N.Y., May 12, 2022 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP), an owner and manager of a primarily industrial portfolio along with other net leased assets, today announced that it acquired a 213,000 square foot industrial building located in Dalton, Georgia for $17.0 million. The property is leased through mid-2032 to Q.E.P. Co., Inc., a manufacturer and distributor of flooring and installation solutions for commercial and home applications. The net lease provides for an annual base rent of approximately $883,000 with annual increases of 3.0% beginning in 2023. The Class B facility, which was constructed in 1996, has good access to I-75, is located between Chattanooga and Atlanta, features 24-foot through 31-foot clear heights in the warehouse and 25 loading-dock doors. The Company anticipates it will...

Shift Closes Acquisition of Fair’s Dealer Listing Marketplace Technology

Written by Customer Service on May 12, 2022. Posted in Mergers And Acquisitions.

SAN FRANCISCO, May 12, 2022 (GLOBE NEWSWIRE) — Shift Technologies, Inc. (Nasdaq: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, has closed its acquisition of certain assets of Fair Financial Corp. and certain of its subsidiaries (“Fair”) and the acquisition of the equity interests of a subsidiary of Fair. Concurrently with the closing of the Fair acquisition, Shift also closed the issuance of senior unsecured notes to an affiliate of SoftBank Group Corp. (“SoftBank Group”). The original press release announcing the acquisition and note issuance can be found on Shift’s investor relations website. “We look forward to welcoming new members to our team and building out the marketplace, accelerating our vision of becoming the destination...

VSBLTY NAMED INTEL® CHANNEL PARTNER OF THE YEAR AT INTEL VISION 2022

Written by Customer Service on May 12, 2022. Posted in Public Companies.

VSBLTY Cited in Software Category for AI-Driven Vector™, VisionCaptor™ & DataCaptor™ Philadelphia, PA, May 12, 2022 (GLOBE NEWSWIRE) — VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS) (“VSBLTY”), a leading software provider of security and retail analytics technology, today announced that the company has been named a Channel Partner of the Year at Intel Vision 2022, which ended May 11. It is at this event that Intel® leaders recognize partner companies for outstanding achievement. The North America Channel Partner of the Year awards honor Intel partners that enhance technology innovation, sales growth, go-to-market strategies and marketing. These awards recognize the innovative solutions of Intel and its partners that are made possible through continued ecosystem collaboration. VSBLTY was honored...

Fusion Fuel Green Announces First Quarter 2022 Webcast Date

Written by Customer Service on May 12, 2022. Posted in Public Companies.

DUBLIN, Ireland, May 12, 2022 (GLOBE NEWSWIRE) — Fusion Fuel Green plc (NASDAQ: HTOO) announced today that it will be hosting a live conference call and webcast on Thursday, May 26, 2022 where management will discuss first quarter financial results and operational highlights. Join the webcast: Date: May 26, 2022 Time: 10:00am ET Participant Dial-In: +1 (312) 248-9348 Participant ID: 889672 Participant Passcode: 8176 Webcast registration page: https://www.bigmarker.com/izigo/Q1-Update-Fusion-Fuel The webcast may also be accessed through the Events page on the Fusion Fuel website (https://www.fusion-fuel.eu). A playback will be available for replay online for a period of time following the call. About Fusion Fuel Green plc Fusion Fuel is an emerging leader in the green hydrogen sector committed to accelerating the energy transition...

Precision Drilling Corporation Announces Voting Results from the 2022 Annual and Special Meeting of Shareholders

Written by Customer Service on May 12, 2022. Posted in Public Companies.

CALGARY, Alberta, May 12, 2022 (GLOBE NEWSWIRE) — Precision Drilling Corporation (“Precision” or the “Company”) is pleased to announce the results of the election of board members at its 2022 Annual and Special Meeting of Shareholders held on May 12, 2022 (the “Annual Meeting”). Shareholders approved the election of all 8 (7 of whom are independent) of the nominee directors presented in the Company’s Management Information Circular (the “Circular”), dated March 30, 2022. The shares represented at the Annual Meeting voting in favour of individual nominee directors are as follows: Nominee # Votes For % Votes For # Votes Withheld % Votes Withheld Michael R. Culbert 8,257,758 99.58 34,513 0.42 William T. Donovan 8,071,216 97.33 221,055 2.67 Brian J. Gibson 8,077,224 97.41 215,047 2.59 Steven W. Krablin 7,765,114 93.64 527,157 6.36 Susan...

Urbana Corporation Has Filed 2022 First Quarter Interim Financial Statements

Written by Customer Service on May 12, 2022. Posted in Public Companies.

/NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, May 12, 2022 (GLOBE NEWSWIRE) — Urbana Corporation (TSX & CSE: URB & URB.A) announces today that it has filed its unaudited interim financial statements and management’s discussion and analysis for the three month period ended March 31, 2022 with the applicable Canadian securities regulators. PDF versions of the documents are available at www.urbanacorp.com and at www.sedar.com. For further information contact: Elizabeth Naumovski Investor Relations (416) 595-9106 enaumovski@urbanacorp.com

Tautachrome (OTC:TTCM) Issues First Patent Infringer Notice

Written by Customer Service on May 12, 2022. Posted in Public Companies.

ORO VALLEY, Ariz., May 12, 2022 (GLOBE NEWSWIRE) — Tautachrome (OTC:TTCM) Sends Patent Infringement Notice to Truepic LLC of La Jolla, California. The Company has sent a patent infringement Notice to Truepic LLC of La Jolla, CA, requesting that Truepic immediately cease any ongoing infringement of its trusted imaging patents and compensate the Company for damages resulting from the infringement. As disclosed last February, we have reinvolved the assistance of the Company’s former Chief Advancement Officer Micheal Nugent in the area involving patent protection. When commenting last evening about possible Truepic infringement, Mr. Nugent said “I personally approached the CEO of Truepic, Inc. Mr. Jeffrey McGregor, in early 2018 and brought the possibility of infringement to his attention. I did not hear back …” We mention this early...

BC Craft Supply Co. Ltd. Receives Court Approval of Proposal

Written by Customer Service on May 12, 2022. Posted in Public Companies.

VANCOUVER, British Columbia, May 12, 2022 (GLOBE NEWSWIRE) — BC Craft Supply Co. Ltd. (the “Company“) is pleased to announce that the British Columbia Supreme Court (the “Court“) approved the Company’s proposal to its creditors as amended (the “Proposal“) under the Bankruptcy and Insolvency Act (Canada) (“BIA”). On May 10, 2022, the Court granted an order (the “Approval Order”) approving the Proposal in accordance with its terms and the BIA. The Proposal contemplates that the Company will pay each Affected Creditor (as defined in the Proposal) with a proven claim a cash distribution of 25 percent of its proven claim over eight equal quarterly tranches starting in June 2023 and ending in Q1 2025, with certain election options available to each Affected Creditor and the Company. Each Claim...

Day: May 12, 2022

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