Day: May 16, 2022

RioCan Real Estate Investment Trust Announces May 2022 Distribution

RioCan Real Estate Investment Trust Announces May 2022 Distribution

TORONTO, May 16, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 8.5 cents per unit for the month of May. The distribution will be payable on June 7, 2022 to unitholders of record as at May 31, 2022. About RioCanRioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. As at March 31, 2022, our portfolio is comprised of 204 properties with an aggregate net leasable area of approximately 36.2 million square feet (at RioCan’s interest) including office, residential rental and 13 development properties. To learn more about us, please visit www.riocan.com. CONTACT: Information...

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Northview Fund Announces May Distribution

Northview Fund Announces May Distribution

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, May 16, 2022 (GLOBE NEWSWIRE) — Northview Fund (the “Fund”) today announced its May 2022 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the “Units”), payable on June 15, 2022 to holders of Units of record at May 31, 2022. The distribution amounts will be as follows: C$0.10476 per Class A Unit, representing approximately C$1.26 per Unit on an annualized basis; C$0.11056 per Class C Unit, representing approximately C$1.33 per Unit on an annualized basis; C$0.10807 per Class F Unit, representing approximately C$1.30 per Unit on an annualized basis; About Northview Fund The Fund is a “closed-end fund” established pursuant to a declaration of trust under the laws...

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OverActive Media Reports First Quarter 2022 Financial Results

OverActive Media Reports First Quarter 2022 Financial Results

Year-Over-Year Organic Revenue Growth of 62% Powered by New Multi-Year Zilliqa Metaverse Partnership TORONTO, May 16, 2022 (GLOBE NEWSWIRE) — OverActive Media (“OverActive” or the “Company”) (TSXV: OAM) (OTCQB: OAMCF), a global sports, media and entertainment company for today’s generation of fans, reported financial results and operating highlights today for the three months ended March 31, 2022. The Company’s consolidated unaudited financial statements, notes to financial statements, and Management’s Discussion and Analysis for the three month period ended March 31, 2022, are available on the Company’s website at www.overactivemedia.com and under the Company’s profile on SEDAR at www.sedar.com. Unless otherwise specified, all amounts are in Canadian dollars ($). First Quarter 2022 Financial Highlights First quarter 2022...

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<div>Brown & Brown, Inc. announces the asset acquisition of Claim Technologies Incorporated</div>

Brown & Brown, Inc. announces the asset acquisition of Claim Technologies Incorporated

DAYTONA BEACH, Fla., May 16, 2022 (GLOBE NEWSWIRE) — J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Donald (Don) R. Brandt and Randall (Randy) J. Brandt, the principals of Claim Technologies Incorporated (CTI), today announced that Brown & Brown of Massachusetts, LLC, a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of CTI. Founded in 1990 by Don Brandt, CTI uses its proprietary software to offer a wide variety of benefit plan audits to governmental and private employers throughout the United States. Following the acquisition, the CTI team will continue operating from their existing Des Moines, Iowa office under the leadership of Randy Brandt. The CTI business will operate within Brown & Brown’s Retail segment and report to Mark Abate, who oversees...

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Healthier Choices Management Corp. Reports First Quarter 2022 Financial Results

Healthier Choices Management Corp. Reports First Quarter 2022 Financial Results

Sales of $5M for the First Quarter; 46% Year–Over-Year Growth Gross Margin of $2M for the Quarter; 32% Year–Over-Year Growth HOLLYWOOD, FL, May 16, 2022 (GLOBE NEWSWIRE) — Healthier Choices Management Corp. (OTC Pink: HCMC) today announced its financial results for the three-month period ended March 31, 2022. First Quarter 2022 Results and Recent Highlights: Net sales from operations for the three-month period ended March 31, 2022, amounted to $5.05 million, compared to $3.47 million, an approximately $1.6 million and 46% increase versus the same period in 2021. Gross margin from operations increased by approximately $0.5 million for the three-month period ended March 31, 2022, amounting to $1.97 million, compared to $1.49 million for the same period in 2021, a 32% increase year-over-year increase. Net loss from...

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Comstock Reports First Quarter 2022 Results

Comstock Reports First Quarter 2022 Results

Revenue increased 28% to $8.7 million in Q1 2022 vs. $6.8 million in Q1 2021 Net income from continuing operations of $2.0 million in Q1 2022 vs. $0.4 million in Q1 2021 Adjusted EBITDA increased $1.0 million to $1.6 million in Q1 2022 vs. $0.6 million in Q1 2021 RESTON, Va., May 16, 2022 (GLOBE NEWSWIRE) — Comstock Holding Companies, Inc. (Nasdaq: CHCI) (“Comstock” or the “Company”) announced financial results for the three months ended March 31, 2022. “Our first quarter performance continues our trend of delivering positive results, demonstrating the strength of our Anchor Portfolio and reliability of our vertically-integrated operating and investment platform,” said Christopher Clemente, Comstock’s Chairman and Chief Executive Officer. “First quarter highlights include the further expansion of our BLVD-branded residential...

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PyroGenesis Announces Q1 2022 Results: Revenues $4.2MM; Gross Margin 25%; Current Backlog of Signed and/or Awarded Contracts $41.2MM

PyroGenesis Announces Q1 2022 Results: Revenues $4.2MM; Gross Margin 25%; Current Backlog of Signed and/or Awarded Contracts $41.2MM

MONTREAL, May 16, 2022 (GLOBE NEWSWIRE) — PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX: PYR) (NASDAQ: PYR) (FRA: 8PY), a high-tech company (hereinafter referred to as the “Company” or “PyroGenesis”), that designs, develops, manufactures and commercializes advanced plasma processes and sustainable solutions which are geared to reduce greenhouse gases (GHG), is pleased to announce today its financial and operational results for the first quarter ended March 31st, 2022. “We are happy to be announcing our Q1 2022 financial results. We have posted quarterly revenues of $4.2MM,” said Mr. P. Peter Pascali, CEO and Chair of PyroGenesis. “Our backlog remains very large, above $41MM, and despite gross reported revenue being impacted this quarter slightly by accounting procedures related to international logistical and shipping challenges,...

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MCI Onehealth Reports 30% Increase in Revenue, On Track for Record Year in Patient Visits

MCI Onehealth Reports 30% Increase in Revenue, On Track for Record Year in Patient Visits

First Quarter 2022 Financial Results Maintain Growth Trends NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES 30% increase in revenue over the same period last year, driven by higher patient volumes and the acquisitions of Khure Health and Polyclinic in 2021. Quarterly revenue of $13.0 million, on track for another record year in multiple business units. Patient volumes up 12% over the same period last year, excluding increases from acquisitions. Doubling of specialist visits through in-network care pathway optimization and significant advancement in both the rollout of the Company’s smart referral system that leverages the Company’s new data backbone and standing-up the Company’s data lake to support customers seeking access to analytic insights contained in the Company’s 2.9 million health records,...

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Hanover Bancorp, Inc. Completes Initial Public Offering and Reports Second Fiscal Quarter Net Income of $5.9 million

Hanover Bancorp, Inc. Completes Initial Public Offering and Reports Second Fiscal Quarter Net Income of $5.9 million

Second Fiscal Quarter Highlights Initial Public Offering: The Company completed its Initial Public Offering (IPO) and began trading on the Nasdaq Global Select Market under the symbol HNVR on May 11, 2022. Gross proceeds of $26.8 million were raised at an offering price of $21.00 per share. Net Income: Net income for the quarter ended March 31, 2022, totaled $5.9 million or $1.00 per diluted common share, versus $2.1 million or $0.48 per diluted common share in the same period a year ago. The Company recorded net income for the six months ended March 31, 2022 of $12.4 million or $2.15 per diluted common share compared to $3.6 million or $0.84 per diluted common share in the comparable 2021 six-month period. Initiation of Quarterly Cash Dividend: The Company’s Board of Directors approved a $0.10 per common share cash dividend paid on February 15,...

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NanoXplore Reports Improved Third-Quarter 2022 Financial Results

NanoXplore Reports Improved Third-Quarter 2022 Financial Results

MONTREAL, May 16, 2022 (GLOBE NEWSWIRE) — NanoXplore Inc. (“NanoXplore” or “the Company”) (TSX: GRA and OTCQX: NNXPF), a world-leading graphene company, reported today financial results for the third quarter ended March 31, 2022. HIGHLIGHTS Record revenues from customers of $28.0 million in Q3-2022, up 51.9% compared to Q2-2022 Increased graphene sales including sales to Gerdau Grafeno LTDA Adjusted EBITDA* totaled -$2.2 million in Q3-2022, an improvement from the -$3.1 million in Q2-2022. On target for positive Adjusted EBITDA for Q4-2022 Total Liquidity of $62.9 million as of March 31, 2022, including cash and cash equivalents of $56.1 million Total long-term debt of $9.7 million as of March 31, 2022 Increased sales guidance to $90 million versus previously announced $85 million for the current fiscal year ending June 30, 2022 OVERVIEW Soroush...

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