Year: 2022

GINSMS Completes Loan Repayment by Shares for Debt

Written by Customer Service on November 15, 2022. Posted in Public Companies.

CALGARY, Alberta, Nov. 15, 2022 (GLOBE NEWSWIRE) — GINSMS Inc. (“GINSMS” or the “Corporation”) (TSXV: GOK) is pleased to announce that it has completed the shares for debt transaction (the “Shares for Debt Transaction”) previously announced on October 17, 2022, pursuant to the agreement between the Corporation and Joel Siang Hui Chin (“Joel Chin”) for the repayment, by way of share issuance, of loans (collectively, the “Loans”) representing an aggregate principal and interest total amount of CAD 3,732,450.73 granted to the Corporation by Joel Chin. Following receipt of approval from the TSXV Venture Exchange (the “Exchange”), the Corporation has issued 37,324,507 common shares of the Corporation at a price of CAD 0.10 per common share (the “Repayment Shares”) on November 14, 2022. The total number of shares issued and outstanding...

Elys Game Technology Reports Third Quarter 2022 Results

Written by Customer Service on November 15, 2022. Posted in Earnings Releases And Operating Results.

Strong Quarterly European performance with B2C turnover increasing from €139.6 million to €166.2 million, an increase of 19.1% with strong NGR margin improving from €6.7 million to €8.9 million, an increase of 33.3% Strong recovery of nine-month performance with B2C turnover increasing from €523.9 million to €537.1 million, an increase of 2.5% (despite the closure of Ulisse operations in the prior year) with NGR margin improving from €27.9 million to €28.3 million, an increase of 1.2%, (overall tax rate increase from 21.1% to 24.3% due to closure of Ulisse operations) Management’s profitability goal achieved ahead of schedule in European operations Strong U.S. Dollar masks the strong European performance Exciting 2023 prospects include: Strong start to 2023 with over 100 signed Host locations in Ohio, commencing operations in 2nd DC location...

Majic Wheels Corp. Enters Definitive Merger Agreement with OceanTech Acquisitions I Corp.

Written by Customer Service on November 15, 2022. Posted in Public Companies.

NEW YORK, Nov. 15, 2022 (GLOBE NEWSWIRE) — Majic Wheels Corp. (“Majic Wheels”) (OTC: MJWL), a holding company that operates through its subsidiary companies focused on disruptive industries such as Fintech, Insurtech, software development, and crypto exchange platform, through strategic acquisitions, and OceanTech Acquisitions I Corp. (“OceanTech”) (Nasdaq: OTEC/OTECU/OTECW), a special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the “Merger Agreement”) that will result in Majic Wheels becoming a publicly listed company on The Nasdaq Stock Market LLC. Additionally, concurrent and in connection with the Merger Agreement, OceanTech and Majic Wheels have entered into a Forward Share Purchase Agreement for up to $40 million committed backstop by Meteora Capital...

Ferroglobe Reports Solid Third Quarter 2022 Results Despite Weaker Market Conditions

Written by Customer Service on November 15, 2022. Posted in Earnings Releases And Operating Results.

LONDON, Nov. 15, 2022 (GLOBE NEWSWIRE) — Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe”, the “Company”, or the “Parent”), a leading producer globally of silicon metal, silicon-based and manganese-based specialty alloys, today announced results for the third quarter 2022. FINANCIAL HIGHLIGHTSQ3 2022 revenue of $593.2 million, down 29.5% over the prior quarter Q3 2022 Adjusted EBITDA of $185.3 million, down 38.9% over the prior quarter Adjusted EBITDA margin decrease of 5 percentage points to 31% in Q3 2022, down from 36% over the prior quarter Net profit of $98.8 million (diluted earnings per share of $0.52), compared to net profit of $185.1 million (diluted earnings per share of $0.98) in Q2 2022 Net debt of $194 million at quarter end, similar at the end of Q2 Total cash of $236.8 million at quarter-end, down $69.7 million from...

ERES REIT Declares November 2022 Monthly Distribution

Written by Customer Service on November 15, 2022. Posted in Dividend Reports And Estimates.

TORONTO, Nov. 15, 2022 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the November 2022 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “November Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on November 30, 2022, with payment on December 15, 2022. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01369 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered...

Diversified Royalty Corp. Completes Acquisition of US-Based Stratus Building Solutions Trademarks and Confirms Increase in Annual Dividend

Written by Customer Service on November 15, 2022. Posted in Dividend Reports And Estimates.

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Nov. 15, 2022 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV; DIV.DB and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that it has closed its previously announced agreement with SBS Franchising, LLC (“Stratus”) of North Hollywood, California to add its seventh royalty stream to DIV’s portfolio and DIV’s first royalty stream based primarily in the United States. Stratus is a franchisor that offers master franchises for commercial cleaning services and building maintenance services in the United States and Canada under the “Stratus Building Solutions” system and trademarks, and also manages and operates certain master franchises through its affiliates in the United States. All dollar amounts...

Firm Capital Apartment REIT Reports Q3/2022 Results and Announces Strategic Review

Written by Customer Service on November 15, 2022. Posted in Earnings Releases And Operating Results.

All figures in $USD unless otherwise noted.TORONTO, Nov. 15, 2022 (GLOBE NEWSWIRE) — Firm Capital Apartment Real Estate Investment Trust (“the “Trust”), (TSXV: FCA.U), (TSXV: FCA.UN) is pleased to report its financial results for the three months ended September 30, 2022: EARNINGSFor the three months ended September 30, 2022, net loss was approximately $1.4 million, in comparison to the $10.3 million net loss reported for the three months ended June 30, 2022 and the $2.6 million net income reported for the three months ended September 30, 2021. For the nine months ended September 30, 2022, net loss was $12.1 million in comparison to the $0.4 million net income reported for the nine months ended September 30, 2021;Excluding non-cash fair value adjustments, net income was $0.4 million for the three months ended September 30,...

Northview Fund Announces November Distribution

Written by Customer Service on November 15, 2022. Posted in Public Companies.

Not for distribution to U.S. newswire services or for dissemination in the United States. CALGARY, Alberta, Nov. 15, 2022 (GLOBE NEWSWIRE) — Northview Fund (the “Fund”) today announced its November 2022 cash distribution amounts on its outstanding Class A Units, Class C Units and Class F Units Class (collectively, the “Units”), payable on December 15, 2022 to holders of Units of record at November 30, 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...

CAPREIT Announces November 2022 Distribution

Written by Customer Service on November 15, 2022. Posted in Public Companies.

TORONTO, Nov. 15, 2022 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX – CAR.UN) announced today its November 2022 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The November distribution will be payable on December 15, 2022 to Unitholders of record on November 30, 2022. CAPREIT is Canada’s largest publicly-traded provider of quality rental housing. CAPREIT currently owns or has interests in approximately 67,000 residential apartment suites, townhomes and manufactured housing community sites well-located across Canada and the Netherlands with approximately $17 billion of assets under management globally. Since its Initial Public Offering in May 1997, CAPREIT has grown monthly cash distributions per Unit by 103%. For more information about...

RioCan Real Estate Investment Trust Announces November 2022 Distribution

Written by Customer Service on November 15, 2022. Posted in Public Companies.

TORONTO, Nov. 15, 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 November. The distribution will be payable on December 7, 2022 to unitholders of record as at November 30, 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 September 30, 2022, our portfolio is comprised of 198 properties with an aggregate net leasable area of approximately 34.8 million square feet (at RioCan’s interest) including office, residential rental and 11 development properties. To learn more about us, please visit www.riocan.com.CONTACT:...

Year: 2022

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