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Showing posts from April, 2021

Aurora Spine Corporation Announces Fourth Quarter and Fiscal 2020 Financial Results

CARLSBAD, Calif., April 30, 2021 (GLOBE NEWSWIRE) -- Aurora Spine Corporation (“Aurora Spine” or the “Company”) (TSXV: ASG) (OTCQB: ASAPF), a designer and manufacturer of innovative medical devices that improve spinal surgery outcomes, today announced the financial results for the fourth quarter and fiscal year ended December 31, 2020. All figures are in U.S. dollars. Read More from Financial Post https://ift.tt/3xA0e5Y

Facedrive Reports 2020 Financial Results and Provides Update

TORONTO -- Facedrive Inc. (“ Facedrive ” or the “ Company ”) (TSX-V: FD), a Canadian “people-and-planet first” tech ecosystem, today announced its year end fiscal 2020 (“ Fiscal 2020 ”) operational and financial results. All financial results are reported in Canadian dollars, unless otherwise stated. Read More from Financial Post https://ift.tt/3eLOfcN

O2Gold Announces Grant of Compensation Securities

TORONTO, April 30, 2021 (GLOBE NEWSWIRE) -- O2Gold Inc. (“ O2Gold ” or the “ Company ”) (TSXV: OTGO) today announces that, subject to regulatory approval, it has granted 3,775,000 restricted share units (the “ RSUs ”) to certain officers and consultants of the Company in accordance with the Company’s restricted share unit compensation plan and 1 million stock options to a consultant of the Company in accordance with the Company’s stock option plan. The RSUs and options vest immediately. The options may be exercised at a price of $0.33 per option for a period of five years from the date of grant. The common shares underlying the RSUs are subject to a four month hold period in accordance with the policies of the TSX Venture Exchange. Read More from Financial Post https://ift.tt/3vyS0ZW

Yooma Wellness Announces Financial Results of Yooma Corp. for the 2020 Financial Year Acquisition of Entertainment Direct Asia and reverse takeover transaction establish early-stage conditions for future growth

For a summary of Yooma's financial results, see the Selected Annual Financial Highlights set out below, as well as the more detailed information contained in the Financial Statements and related management discussion and analysis which are available on Yooma's SEDAR page at www.sedar.com. Read More from Financial Post https://ift.tt/3nAkVdi

Colombia government revises tax reform after political opposition, street protests

BOGOTA -- Colombia's proposed tax reform will now not include sales tax on food, utilities or gasoline or an expansion of income tax, President Ivan Duque said on Friday, backpedaling on plans his government has insisted is needed to maintain the country's credit rating. Read More from Financial Post https://ift.tt/3nCRFCH

Jio posts flat Q4 profit, revenue down

The company's net profit remained flat at Rs 3,508 crore while revenues declined 6.1% to Rs 18,278 crore compared with the preceding quarter. This was attributed to the change in the interconnect usage charges (IUC) regime to the bill and keep regime effective January 1. from The Financial Express https://ift.tt/3u9Y3Ea

MGNREGA: April demand under rural jobs scheme highest in seven years

The MGNREGS dashboard, maintained by the rural development ministry, showed 2.6 crore households and 3.7 crore persons were looking for work in April this year, higher by 91% and 85%, respectively, over April 2020. In April 2019, 2 crore households and 3 crore individuals wanted work under the rural employment guarantee scheme. from The Financial Express https://ift.tt/2QKNh8P

Grown Rogue Grants Options and Issues Shares

MEDFORD, Ore. -- Grown Rogue International Inc. (“ Grown Rogue ” or the “ Company ”) (CSE: GRIN) (OTC: GRUSF), a multi-state cannabis company with operations and assets in Oregon and Michigan, has announced that it has issued a total of 385,000 common shares to certain directors, contractors and employees of the Company relating to amounts owed for services rendered. The Company also issued 400,000 common shares to certain investors in Golden Harvests, LLC (“ Golden Harvests ”) in exchange for a reduction of debt owed to Golden Harvests in the amount of $100,000. In addition, the Company issued 600,000 common shares in satisfaction of certain option payments owing to Canopy Management, LLC (“ Canopy Management ”) in accordance with the option agreement entered into on February 4, 2021 providing Grown Rogue Unlimited, LLC the right to acquire 87% of Canopy Management, which shares were directed to be issued to certain owners of Golden Harvests in accordance with the option agreement be

News Release for Early Warning Report Regarding Amerigo Resources Ltd.

VANCOUVER, British Columbia, April 30, 2021 (GLOBE NEWSWIRE) -- Ross J. Beaty, of 1550 – 625 Howe Street, Vancouver, British Columbia, V6C 2T6, announced that on April 30, 2021 he disposed of 2,678,200 common shares (the “ Common Shares ”) in the capital of Amerigo Resources Ltd. (“ Amerigo ”), a company with a head office at 1260 – 355 Burrard Street, Vancouver, British Columbia, V6C 2G8, at a price of CDN$1.1477 per Common Share and aggregate proceeds of CDN$3,073,770.14 (the “ Disposition ”). Read More from Financial Post https://ift.tt/2RifxPS

NOTICE TO DISREGARD — GSB GOLD STANDARD BANKING CORPORATION AG

HAMBURG, Germany, April 29, 2021 (GLOBE NEWSWIRE) -- We are advised by GSB GOLD STANDARD BANKING CORPORATION AG that journalists and other readers should disregard the news release, “GSB Group doubts in gold reserves of Karatbars and the V999 Coin as well as the existence of the Osint Group” issued April 28, 2021, over GlobeNewswire. Read More from Financial Post https://ift.tt/3nzIEKO

MJardin Group Announces Final Settlement of Remaining Cheyenne Sale Proceeds from Harvest; and Provides Update on Timing of Release of 2020 Financials

DENVER and TORONTO, April 29, 2021 (GLOBE NEWSWIRE) -- MJardin Group, Inc. (“ MJardin ” or the “ Company ”) (CSE: MJAR) (OTCQX: MJARF), a leader in premium cannabis production, today announced that it has reached an agreement with Harvest Health & Recreation Inc. (“ Harvest ”) (CSE: HARV, OTCQX:HRVSF) for final settlement and reduction of the previously disclosed final payment relating to the December 2019 sale of MJardin’s Cheyenne facility to Harvest (the “ Transaction ”) for the amount of US$4.25 million. Read More from Financial Post https://ift.tt/3eAocVS

Tech to the aid of justice delivery

The progressive approach of the Supreme Court, the rapid adjustment to online courts, the work being done across several spectrums by the government of India, and a fast evolving landscape in law and technology make this the most critical opportunity for transformative change in the Indian judicial ecosystem. A substantial number of cases are those that don’t require interpretation of the law by a judge, but simply adjudication on facts from The Financial Express https://ift.tt/3eHK4if

On sedition and corruption…

Single-party regimes in India have dealt with dissent by slapping sedition or corruption charges. It is easy to accuse an adversary of these, and probe agencies have a lot of leeway under relevant statutes from The Financial Express https://ift.tt/2SgfHrK

Noranda Income Fund Announces First Quarter 2021 Results; Provides Update on Terms for 2021/2022 Contractual Period

TORONTO, April 29, 2021 (GLOBE NEWSWIRE) -- Noranda Income Fund (TSX: NIF.UN) (the “Fund”) today reported its financial results for the first quarter ended March 31, 2021. The Fund also provided an update on the terms under which zinc concentrate will be purchased and zinc metal will be sold for the period of May 1, 2021, to April 30, 2022. Except where otherwise indicated, all amounts in this press release are expressed in US dollars. Read More from Financial Post https://ift.tt/2PAEupn

Annual Filings on SEDAR and Operational Update

CALGARY, Alberta, April 29, 2021 (GLOBE NEWSWIRE) -- Marksmen Energy Inc. (“ Marksmen ” or the “ Company ”) ( TSXV: MAH ) ( OTCQB: MKSEF ) announces that it has filed disclosure documents for the year ended December 31, 2020 on SEDAR as listed below: Read More from Financial Post https://ift.tt/2RfdKLt

Gig companies oppose U.S. push for worker employee status, suggest compromise

Under growing threat by a new U.S. administration insistent on reclassifying ride-hail and food delivery workers as employees with full benefits, gig economy companies including Uber, Lyft, Doordash and Instacart are pushing to keep drivers' independent contractor status, albeit with additional benefits. Read More from Financial Post https://ift.tt/3u7oVV5

Major Precious Metals Unaware of Any Material Change

VANCOUVER, British Columbia, April 28, 2021 (GLOBE NEWSWIRE) -- Major Precious Metals Corp. (“ Major Precious Metals ” or the “ Company ”) (CSE:SIZE | OTC:SIZYF | FRANKFURT:3EZ) wishes to confirm that management is unaware of any material change in the Company's operations that would account for the recent significant share price depreciation, following the successful report of its 5.5 million palladium equivalent indicated resource and 14.4 million palladium equivalent ounce inferred resource at Skaergaard. Read More from Financial Post https://ift.tt/3aItnCf

Biden to declare the U.S. ‘on the move again’ in first speech to Congress

WASHINGTON -- President Joe Biden plans to unveil a sweeping $1.8 trillion package for families and education in his first speech to Congress on Wednesday and argue that he has restored Americans' faith in democracy nearly 100 days after he succeeded Donald Trump in office. Read More from Financial Post https://ift.tt/3aNjcMH

Methanex Corporation – Notice of Cash Dividend

Read More from Financial Post https://ift.tt/3aNn5kV

Magnetic North Acquisition Corp. Announces Delay in Filing of Annual Financial Statements and Application for Management Cease Trade Order

CALGARY, Alberta and TORONTO, April 28, 2021 (GLOBE NEWSWIRE) -- Magnetic North Acquisition Corp. (TSXV: MNC; MNC.PR.A) (“ Magnetic North ” or the “ Company ”) announces that it will not meet the filing date for filing of the following continuous disclosure documents (collectively, the “ Documents ”): Read More from Financial Post https://ift.tt/3ueNW0A

U.S. SEC enforcement head resigns after five days on the job

WASHINGTON -- Alex Oh, who last week became the first woman of color to lead the U.S. securities watchdog's enforcement division resigned on Wednesday due to potential conflicts of interest created by her previous work as a lawyer, according to the agency and a person with direct knowledge of the matter. Read More from Financial Post https://ift.tt/3u3Yvnc

Capstone Announces 2021 Annual General and Special Meeting Results

VANCOUVER, British Columbia -- Capstone Mining Corp. (“Capstone” or the “Company”) (TSX:CS) announced the voting results from its 2021 Annual General and Special Meeting ("AGM") held April 28, 2021 in Vancouver, British Columbia. A total of 292,218,097 common shares were voted at the meeting, representing 71.34% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, as follows: Read More from Financial Post https://ift.tt/2R8V5Ru

MedMen to Announce Third Quarter Fiscal 2021 Financial Results on May 11, 2021

LOS ANGELES -- MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF), a cannabis retailer with operations across the United States, confirmed that it will release its financial results for the third quarter fiscal 2021 ended March 27, 2021, after market close on Tuesday, May 11, 2021. Read More from Financial Post https://ift.tt/3u2NAKE

Imperial Reports Red Chris Production and Exploration Update for 2021 First Quarter

VANCOUVER, British Columbia, April 28, 2021 (GLOBE NEWSWIRE) -- Imperial Metals Corporation (the “Company”) (TSX:III) reports Red Chris metal production (100%) for the first quarter of 2021 was 15.9 million pounds copper and 15,850 ounces gold, compared to 17.2 million pounds copper and 16,251 ounces gold produced during the fourth quarter of 2020. In February, a major power outage during an extreme winter weather event caused some mill infrastructure to freeze. The freezing conditions resulted in damage to a regrind mill and adversely impacted recovery during the period. Imperial’s 30% portion of the first quarter production was 4.8 million pounds copper and 4,755 ounces gold. Read More from Financial Post https://ift.tt/2S1sgXF

Maruti Suzuki Q4 profit declines 9.7%

However, he said it would be difficult to predict how the rest of the quarter would play out. “Nobody knows what will happen and what conditions or restrictions might be imposed. I would not like to make a forecast for the quarter,” he said. from The Financial Express https://ift.tt/32Ugz7s

2020 Sustainable Development Report Investor Webinar and Conference Call

Read More from Financial Post https://ift.tt/2PrKNLS

Split-Screen Recovery, North-South Divide, Price Alert: Eco Day

The economic rebound powering the S&P 500 Index has skipped large swaths of Main Street, with small businesses waiting to join the partyThe economic divide between China's prospering southern regions and lagging northern areas will continue to widen in coming yearsThe world's worst Covid-19 outbreak in India risks fanning price pressures, threatening to limit the central bank's options to support the economy. Over in the U.S., a bond-market gauge of inflation expectations soared to the highest level in eight yearsThe European Commission is seeking powers to levy fines or block deals by foreign state-owned companies in a thinly veiled response to the growing economic threat posed by ChinaSouth Korea's consumer sentiment strengthened in April for a fourth straight month as the economic recovery powered aheadTiff Macklem said he remains committed to the Bank of Canada's 2% inflation target, even as the goal is likely to temporarily overshotThe Fed will stick to its

Covid-19: How to meet vaccine costs?

If 140 crore citizens were to get two shots (in reality, 18 years is the cut-off, so 40% are excluded) at a manufacturing cost of, say, Rs 500 at the upper limit, then the cost would be Rs 1.4 lakh crore (0.7% of nominal GDP). from The Financial Express https://ift.tt/3voXUwF

Riding the unicorns

Unicorns are a sign that India need not be following a path that retreats to the old economy of a few powerful, politically-connected business houses thriving behind trade barriers, and stifling competition from The Financial Express https://ift.tt/3xuy8sR

Farmers Edge Announces First Quarter 2021 Financial Results Release Date

WINNIPEG, Manitoba -- Farmers Edge Inc. (“Farmers Edge” or the “Company”) (TSX: FDGE) announced today that the Company’s first quarter 2021 financial results will be released after market close on Thursday, May 13, 2021. At that time, the financial results and related materials will be posted on the Farmers Edge Investor Relations website at https://www.farmersedge.ca/investor-relations/ . Read More from Financial Post https://ift.tt/32Sndee

UpGrad gets $120-m funding from Temasek

UpGrad operates in the higher education segment and offers courses in specialised branches of study, including MBA, BBA, data science, machine learning, marketing and law in partnership with a slew of global and local universities. from The Financial Express https://ift.tt/3u7zJTv

Is China still the factory of the world?

China is losing factories at an astonishing pace—in another five years, the manufacturing map of the world will look very different from what it does today. Surveys done by UBS globally suggest that 20-30% of manufacturing will be leaving China. Dongguan, the epicentre of China’s manufacturing, has many shutters down and ‘space available’ signs all across from The Financial Express https://ift.tt/3gKcD18

Venezuela’s socialist-held congress to ratify ‘anti-blockade’ law, official says

CARACAS -- Venezuela's socialist-held National Assembly will ratify a law passed last year by a separate legislative body that let the government confidentially sign deals with private firms because of U.S. sanctions, congressional chief Jorge Rodriguez said on Monday. Read More from Financial Post https://ift.tt/3gG0FFP

Westphalia Dev. Corp. Reports Fiscal Year End and Fourth Quarter 2020 Fiscal Results

CALGARY, Alberta -- Westphalia Dev. Corp. (the “ Corporation ”) announced today its results for the fiscal year and fourth quarter ended December 31, 2020. Launched in March 2012, the Corporation acquired for development the 310-acre Westphalia Property (the “ Property or the “ Project ”) located in Prince George’s County, Maryland, United States. Read More from Financial Post https://ift.tt/3gFNPax

Can capital expenditure boost the economy?

With the current impetus rightly given to capital expenditure, emphasis must also be provided on timely implementation of projects within the earmarked outlay by strengthening monitoring, redressal mechanisms and processes for controlling project delays from The Financial Express https://ift.tt/3njgqDO

Idea Exchange: Co-Win an extremely scalable platform, tech backbone is in place, we can handle (vaccine) load that comes, says RS Sharma

Sharma talks about using learnings from Aadhaar to ensure speed, inclusivity in vaccination, says vaccine wastage is a management issue, notes that supply, capacity, demand will determine vaccine coverage, and explains risks in home vaccination. from The Financial Express https://ift.tt/3tReTHN

Between sips: Thanks to Covid’s second wave, we are back to square one – looking up new places to order food from

This time last year, we had just entered the pandemic and F&B outlets were in a state of shock. They didn't know what was happening and how long it would continue to happen. Finally, as time passed, they all learned to pivot, shifting from in-house dining to home delivering and some even forsaking the entire sit-in model and going the cloud kitchen way. from The Financial Express https://ift.tt/3xgtIFX

O2Gold Closes Acquisition of Colombian Gold Project

TORONTO, April 23, 2021 (GLOBE NEWSWIRE) -- O2Gold Inc. (“ O2Gold ” or the “ Company ”) (TSXV: OTGO) is pleased to announce that it has closed its previously announced acquisition of a gold mining project in Colombia known as the “Otu Central Project” (the “ Acquisition ”). The Otu Central Project consists of interests in 26 mining claim titles and applications in the Segovia/Zaragoza regions of Antioquia in Colombia (collectively, the “ Assets ”). For more information about the Acquisition, please see the Company’s press releases dated October 28, 2020, November 30, 2020 and December 11, 2020, which are available under the Company’s SEDAR profile at www.sedar.com . Read More from Financial Post https://ift.tt/3gz4DzU

Texas Storm Cost NextEra $180 Million in Uncollected Revenue

(Bloomberg) -- NextEra Energy Inc., the world's biggest investor-owned generator of wind and solar power, said it wasn't able to collect $180 million in revenue following the Texas energy crisis that left the state's power market -- and many of its power providers -- in financial distress. Read More from Financial Post https://ift.tt/3ne5yau

Vaccine Logjam: US’s de facto curbs on key vaccine raw materials put global vaccination efforts at risk of serious delays

It is true that it is not just the US that supplies critical raw materials for vaccine production, but its actions do set the template for other supplier-nations to follow. The fallout of this is delayed vaccination and reduced vaccination coverage, leading to continued spread of the disease. from The Financial Express https://ift.tt/2Ph91sa

Update: Pico Named “Best Company” in the 2021 Markets Choice Awards Award recognizes firm’s leadership in setting the benchmark for technology services in financial markets

NEW YORK, April 22, 2021 (GLOBE NEWSWIRE) -- Pico , a leading provider of technology services for the financial markets community, has been recognized as the “ Best Company ” in Markets Media’s 2021 Markets Choice Awards and joins the ranks of leaders, including Citadel Securities, Virtu Financial, Liquidnet and BlackRock, to have held this accolade. Read More from Financial Post https://ift.tt/3sIPJJZ

theScore Issues Statement Following the Passing of Bill C-218 by the House of Commons

TORONTO -- Score Media and Gaming Inc. (“theScore” or the “Company”) (TSX: SCR; NASDAQ: SCR) Founder and CEO John Levy issued the following statement on the passing of Bill C-218 by the House of Commons today. Bill C-218, which would legalize single event sports betting in Canada, now moves to the Senate for reading and adoption. Read More from Financial Post https://ift.tt/3gs6hDA