Day: February 15, 2018

Strad Energy Services Ltd. 2017 Fourth Quarter & Year-End Results – Conference Call

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. CALGARY, Alberta, Feb. 15, 2018 (GLOBE NEWSWIRE) — Strad Energy Services Ltd. (“Strad” or the “Company”) (TSX:SDY) will release its 2017 fourth quarter financial results on Thursday, March 1, 2018, after market close.  A conference call and webcast is scheduled on Friday, March 2, 2018, at 8:00 a.m. MT to review these results. The call will be hosted by Andy Pernal, President and Chief Executive Officer. Date: Friday, March 2, 2018 Time: 8:00 a.m. MT (10:00 a.m. ET) Dial-in: 1-844-388-0561 Conf. ID: 3057038 Webcast: https://www.stradenergy.com/news Shortly

Western Announces Fourth Quarter And Fiscal 2017 Year-End Results

VANCOUVER, British Columbia, Feb. 15, 2018 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX:WEF) (“Western” or the “Company”) reported adjusted EBITDA of $38.9 million in the fourth quarter of 2017, compared to adjusted EBITDA of $33.8 million in the fourth quarter of 2016, and $32.6 million reported in the third quarter of 2017. We capitalized on a strong pricing environment, improved harvesting conditions and recognized an export tax recovery of $3.5 million resulting from the difference between preliminary and final export duties. The Company generated revenue of $283.1 million in the fourth quarter of 2017, as compared to $293.0 million

Amicus Therapeutics Prices Underwritten Offering of Common Stock

CRANBURY, N.J., Feb. 15, 2018 (GLOBE NEWSWIRE) — Amicus Therapeutics (Nasdaq:FOLD) today announced the pricing of an underwritten offering of 19,354,839 shares of its common stock at $15.50 per share. The gross proceeds from the offering to Amicus are expected to be $300 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Amicus. In addition, Amicus has granted the underwriters a 30-day option to purchase up to an additional 2,903,225 shares of its common stock. The offering is expected to close on February 21, 2018, subject to customary closing conditions. J.P. Morgan Securities LLC and Goldman Sachs & Co.

LUNDIN GOLD REPORTS YEAR END 2017 RESULTS

Vancouver, Feb. 15, 2018 (GLOBE NEWSWIRE) — Lundin Gold Inc. (“Lundin Gold” or the “Company”) (TSX: “LUG”, Nasdaq Stockholm: “LUG”) is pleased to announce its results for the year ended December 31, 2017.  All amounts in this release are in U.S. dollars unless otherwise indicated. “We have had an excellent year advancing the development of our Fruta del Norte gold project,” said Ron Hochstein, Lundin Gold’s President and Chief Executive Officer.  “At the start of the year, we were planning the underground mine, and by year’s end, our mine development contractor was breaking into hard rock in both tunnels.  This

Yamana Gold Announces Fourth Quarter and Full Year 2017 Results

TORONTO, Feb. 15, 2018 (GLOBE NEWSWIRE) — YAMANA GOLD INC. (TSX:YRI) (NYSE:AUY) (“Yamana” or “the Company”) is herein reporting its financial and operational results for the fourth quarter and full year 2017, and its Mineral Reserve and Mineral Resource estimates as at December 31, 2017. FOURTH QUARTER HIGHLIGHTS Total production for the fourth quarter was 259,606 ounces of gold from Yamana’s six producing mines (282,041 ounces of gold including attributable production (1) from Brio Gold Inc. (“Brio Gold”)).   The Company also produced 1.17 million ounces of silver and 34.7 million pounds of copper.  Full year production from Yamana’s mines exceeded

Yamana Gold Provides 2018-2020 Outlook

TORONTO, Feb. 15, 2018 (GLOBE NEWSWIRE) — YAMANA GOLD INC. (TSX:YRI) (NYSE:AUY) (“Yamana” or the “Company”) herein provides 2018, 2019 and 2020 production, and 2018 cost guidance.    PRODUCTION OUTLOOK The following table presents the Company’s total production for its mines in gold equivalent ounces (“GEO”) for 2018, 2019 and 2020.   2017 Actual 2018 Guidance 2019 Guidance 2020 Guidance Total Gold Equivalent Production (oz.)(1,2) 892,006 1,013,000 1,084,000 1,149,000 Gold equivalent ounces includes gold plus silver at a ratio of 72:1. Excluding any attribution from Yamana’s interest in Brio Gold Inc. (“Brio Gold”) or Gualcamayo.  For 2017, total gold production

SEMAFO: Positive Mana PFS and Reserve Additions at Mana and Boungou

MONTREAL, Quebec, Feb. 15, 2018 (GLOBE NEWSWIRE) —   SEMAFO Inc. (TSX:SMF) (OMX:SMF) today announced positive pre-feasibility study (PFS) results at Mana, the addition of 188,000 ounces of reserves, primarily at Siou underground, and an increase of 203,000 ounces of reserves at Boungou. As a result, the Corporation is providing the following consolidated five-year operational targets.   Table 1 – Five-Year Operational Targets     2019 2020 2021 2022 2023 2019-2023 Average               Production1,2,3             Mana (‘000 oz) 192 213 213 213 214 209 Boungou (‘000 oz) 226 226

Dundee Precious Metals announces 2017 Fourth Quarter and Annual Results and 2018 Guidance

Annual Financial and Operating Highlights:                            Metals production – Produced record gold production of 197,684 ounces and outperformed 2017 guidance. Copper production of 35.8 million pounds was in line with guidance; Smelter – Smelted 219,252 tonnes of complex concentrate in line with 2017 guidance and generated positive cash flow in 2017; Near term growth opportunities – Krumovgrad construction forecast to be completed below budget and remains on track to produce first concentrate in the fourth quarter of 2018; Cash flow – Generated $110 million in cash flow from

Western Forest Products Inc. Confirms Record Date of First Quarter 2018 Dividend

VANCOUVER, British Columbia, Feb. 15, 2018 (GLOBE NEWSWIRE) — Western Forest Products Inc. (TSX:WEF) (“Western” or the “Company”) is pleased to confirm that a quarterly dividend of $0.02 per share will be paid with respect to the Company’s first fiscal quarter of 2018 to shareholders of record as at the close of business on Thursday, March 1, 2018 and will be distributed on or about Friday, March 16, 2018. The dividend will return a portion of the Company’s net cash to shareholders, after taking into consideration the Company’s liquidity and ongoing capital needs. The Board of Directors will review the

Avis Budget Group Comments on SRS Investment Management’s Nomination of Directors

PARSIPPANY, N.J., Feb. 15, 2018 (GLOBE NEWSWIRE) — Avis Budget Group, Inc. (NASDAQ:CAR) today confirmed it has received notice from SRS Investment Management (“SRS”), which currently has two representatives on the Avis Budget Group Board of Directors, of SRS’s intention to nominate five candidates for election to the Board at the 2018 Annual Meeting. Leonard S. Coleman, lead independent director of Avis Budget Group, said: “We have had an ongoing dialogue and a cooperative relationship with SRS over the last two years and welcome the constructive input of all of our stockholders.  As SRS knows firsthand through its existing Board

Avante Announces Results for the Period Ended December 31, 2017

TORONTO, Feb. 15, 2018 (GLOBE NEWSWIRE) — Avante Logixx Inc., (“Avante” the “Company” or the “Group”) through its subsidiaries, Avante Security Inc. (“ASI”), INTO-Electronics Inc. (“INTO”), City Wide Locksmiths Ltd. (“CWL”) and Architronics Limited (“Architronics”), provides best in class security systems and services for residential and commercial clients, and high-rise condominium applications, with industry leadership in designing and installing complex security systems, access control, intelligent video analytics, high-end lock services and smart home automation, through the use of advanced technology and a focus on client service. The Company is pleased to announce its results for the period ended December 31,

Ten Peaks Coffee Company Announces Retirement of CFO

VANCOUVER, British Columbia, Feb. 15, 2018 (GLOBE NEWSWIRE) — Ten Peaks Coffee Company Inc. (TSX:TPK) (“Ten Peaks” or the “Company”) today announced that Sherry Tryssenaar, the Company’s Chief Financial Officer, is retiring effective May 31, 2018.   Ms. Tryssenaar joined Ten Peaks’ predecessor entity, Swiss Water Decaffeinated Coffee Income Fund, as Chief Financial Officer in March 2009. Throughout her tenure, Ms. Tryssenaar has been a key contributor to the development and execution of the Company’s strategic plans. In 2011, Ms. Tryssenaar was recognized as BC’s CFO of the Year in the Small Public Company Category by Business in Vancouver. “The last

SPX Reports Fourth Quarter and Full-Year 2017 Results

Q4 and Full-Year 2017 GAAP EPS of $1.35 and $1.91Q4 and Full-Year 2017 Adjusted EPS* of $0.60 and $1.78Introducing 2018 Full-Year Adjusted EPS* Guidance Range of $2.03-$2.18Increasing Capital Availability through 2020 by 50% to More than $600 Million CHARLOTTE, N.C., Feb. 15, 2018 (GLOBE NEWSWIRE) — SPX Corporation (NYSE:SPXC) today reported results for the fourth quarter and the year ended December 31, 2017. Gene Lowe, President and CEO, said “I am very pleased with our company’s strong financial performance in 2017, which was driven by a significant increase in Detection & Measurement revenues and strong margin improvement in our Engineered Solutions

H&R Block to Release Fiscal Third Quarter Results March 6, 2018

KANSAS CITY, Mo., Feb. 15, 2018 (GLOBE NEWSWIRE) — H&R Block, Inc. (NYSE:HRB) will report fiscal 2018 third quarter results on Tuesday, March 6, 2018 after the New York Stock Exchange market close.  At that time, a copy of the press release will be available on the company’s investor relations website at http://investors.hrblock.com. A conference call for analysts, institutional investors, and shareholders will be held at 4:30 p.m. Eastern time on Tuesday, March 6, 2018.  During the conference call the company will discuss fiscal 2018 third quarter results, future outlook, and a general business update.  To access the call, please

Impinj Announces Fourth Quarter and Full Year 2017 Financial Results

SEATTLE, Feb. 15, 2018 (GLOBE NEWSWIRE) — Impinj, Inc. (NASDAQ:PI), a leading provider and pioneer of RAIN RFID solutions for identifying, locating and authenticating everyday items, today announced its financial results for the fourth quarter and full year ended Dec. 31, 2017. Revenue in the fourth quarter of 2017 was $26.9 million, less than the $29.0 to $30.0 million range shared in the February 1 preliminary announcement. The decrease is due to Impinj agreeing to a partner’s request for a one-time product exchange after the preliminary revenue estimates were previously announced, requiring an accounting reserve in the fourth quarter of

Maplewood International REIT Completes in Full the Required Capital Investment in Its Property

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, Feb. 15, 2018 (GLOBE NEWSWIRE) — (TSXV:MWI.UN) Maplewood International Real Estate Investment Trust (the “REIT”) announced today that, further to the press release dated December 31, 2015 in connection with the REIT’s announcement of a lease amendment (the “Lease Amendment”) on its sole investment property in the Netherlands (the “Property”), the REIT has now funded the entire balance of EUR 140,000 of the required capital investment in the Property (the “Capital Investment”), comprised of specified building improvements (the “Improvements”) that the REIT believes will

Washington Real Estate Investment Trust Announces Fourth Quarter and Year-End Operating Results for 2017

WASHINGTON, Feb. 15, 2018 (GLOBE NEWSWIRE) — Washington Real Estate Investment Trust (“Washington REIT” or the “Company”) (NYSE:WRE), a leading owner and operator of commercial and multifamily properties in the Washington, DC area, reported financial and operating results today for the quarter and year ended December 31, 2017: Full-Year and Fourth Quarter 2017 Financial Results and Highlights Net income attributable to controlling interests was $19.7 million, or $0.25 per diluted share, for the year, compared to $119.3 million, or $1.65 per diluted share, in 2016. Net income attributable to controlling interests was $2.3 million, or $0.03 per diluted share, for the

Goodfellow Reports its Results for the Fiscal Year Ended November 30, 2017

DELSON, Quebec, Feb. 15, 2018 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX:GDL) announced today its financial results for the fiscal year ended 30 November 2017. The Company reported the following: HIGHLIGHTS       Three months ended For the years ended   November 30 2017 November 30 2016   Variance November 30 2017   November 30 2016   Variance   $ $   % $   $   % Consolidated sales 127,558 130,748   -2.4 523,659   565,173   -7.3 Earnings (loss) before income taxes 2,711 (14,830 ) +118.3 (3,275 ) (16,294 ) +79.9 Net earnings (loss) 2,216 (11,181 ) +119.8

Industry First: EpicMD Sponsoring Telehealth Implementations for 1,000 Physician Practices

Miami, Florida, Feb. 15, 2018 (GLOBE NEWSWIRE) — Today telehealth innovator EpicMD’s board of directors unanimously approved $6 Million in funding to fully sponsor 1000 Physician practice virtual care implementation grants nationwide. Epic Health, America’s top Physician-led telehealth network launches national Physician partner selection contest allowing 1000 select healthcare providers to experience full-featured telehealth platform services without the typical tens of thousands of dollars in upfront costs preventing the solution from reaching the small and medium-sized provider market. “EpicMD is on a mission to provide the perfect solution for physicians, with a singular focus on improving the most important part

CubeSmart Reports 2017 Annual Results

MALVERN, Pa., Feb. 15, 2018 (GLOBE NEWSWIRE) — CubeSmart (NYSE:CUBE) today announced its operating results for the three and twelve months ended December 31, 2017. “We continued to execute on our strategic growth plans in 2017, expanding CubeSmart’s owned and managed store count by 18% and opening seven newly developed properties totaling over $200 million of investment,” commented President and Chief Executive Officer Christopher P. Marr. “Fundamentals continue to be impacted by new supply in select submarkets while demand remains steady and broad-based. Looking forward to 2018, we are confident that our operating platform will continue to maximize store performance