Day: February 20, 2018

Park Place purchases additional 12.25% of SASB gas field

ANKARA, Turkey, Feb. 20, 2018 (GLOBE NEWSWIRE) — Park Place Energy Inc. (OTCQB:PKPL) (“Park Place”) is pleased to announce it has acquired an additional 12.25% of the SASB gas field bringing its total interest to 49%. The purchase price for the additional interest was USD $265,000 and 1.5 million shares of the company’s common stock. The company completed the purchase on February 8, 2018. Approval was received by regulators early January 2018 paving the way for the additional interest. The SASB gas field is a shallow water offshore field located in the Black Sea, Turkey, with four platforms and several

Glance Technologies Receives Meeting Requisition

VANCOUVER, British Columbia, Feb. 20, 2018 (GLOBE NEWSWIRE) — Glance Technologies Inc. (CSE:GET:CN) / (OTCQB:GLNNF) / (FKT:GJT) today announced that it has received a shareholder meeting requisition from Penny Green, a director and former officer of Glance. Glance received the requisition subsequent to terminating Ms. Green as an officer of Glance. The requisition demands the convening of a meeting of shareholders at which shareholders will be asked to vote to remove Glance’s three independent directors out of Glance’s five incumbent directors and to replace the removed directors with three of Ms. Green’s nominees. Glance’s Board will carefully review the requisition

Washington Lawmakers Must Vote Against Fish Farm Ban

OLYMPIA, Wash., Feb. 20, 2018 (GLOBE NEWSWIRE) — The Washington Fish Growers Association (WFGA) is calling on lawmakers to vote down any bans or phase outs on the farming of Atlantic salmon in Washington state waters—as proposed in HB 2957, for example. “Given the significant importance of the aquaculture industry to Washington’s rural communities, lawmakers must ensure that both science and economic benefit are front and center,” said Dan Swecker, WFGA’s Executive Director.   Swecker, a former state senator from Rochester, and one of the pioneers in salmon aquaculture in Washington, urged members of the Senate Natural Resources Committee at

Kirkland Lake Gold Reports Strong Growth In Mineral Reserves And Mineral Resources

Fosterville: Mineral Reserves increase to 1.7 million ounces at 23.1 g/t   Swan Zone Mineral Reserve doubles to over a million ounces at 61.2 g/t     Macassa: Increases of 58% in M&I Mineral Resources and 48% in Inferred Mineral Resources highlight potential for future Mineral Reserve growth     TORONTO, Feb. 20, 2018 (GLOBE NEWSWIRE) — Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced updated Mineral Reserve and Mineral Resource estimates as at December 31, 2017. Comparisons to previous Mineral Reserves and Mineral Resources are to estimates as at December 31, 2016,

Important Tax and Training Measures Advanced in BC Budget 2018

VANCOUVER, British Columbia, Feb. 20, 2018 (GLOBE NEWSWIRE) — The Mining Suppliers Association of British Columbia (MSABC) supports several tax and training measures in Budget 2018 aimed at attracting investments in exploration and mining as well as preparing our workforce to capitalize on new development opportunities. Budget 2018 extends the Mining Flow-Through Share Tax Credit for one year, to the end of 2018.  “The extension of the Mining Flow-Through Share Tax Credit will help companies raise money for a variety of exploration activities,” said Rodger McLean, Chair of MSABC.  “From project planning, equipment transport to finally drilling and testing core

FPC Calls President Trump’s ‘Bump Stock’ Ban “Lawless” and Launches New Federal Push to “Save the Second Amendment”

Sacramento, CA, Feb. 20, 2018 (GLOBE NEWSWIRE) —  FPC Calls President Trump’s ‘Bump Stock’ Ban “Lawless” FPC has released the following statement regarding President Trump’s new demand for gun control and a ban on legal firearm parts: Earlier today, President Donald Trump said that he signed “a memo” directing Attorney General Jeff Sessions to declare firearm parts, like so-called “bump stock” devices, to be illegal “machineguns” without due process or a legal basis in the statutes for doing so. Just as we opposed the lawless manner in which President Obama often ruled by ‘pen-and-a-phone’ executive fiat, and we likewise object

ARHT Media Grants Options

TORONTO, Feb. 20, 2018 (GLOBE NEWSWIRE) — ARHT Media Inc. (“ARHT” or the “Company”) (TSX-V:ART), creators of digital human holograms called HumaGrams™ announced today that it has granted a total of 2,500,000 options to various directors, officers, consultants and employees under the stock option plan of the Company. The options are exercisable at a price of $0.74 per option and shall expire on February 20, 2023. The options shall vest in three equal tranches, with the first tranche vesting on the date of grant, the second tranche vesting on February 20, 2019 and the third tranche vesting on February 20,

Toscana Energy Announces 2017 Reserves and Review of Strategic Alternatives

CALGARY, Alberta, Feb. 20, 2018 (GLOBE NEWSWIRE) — Toscana Energy Income Corporation (“Toscana” or the “Corporation”) (TSX:TEI) announces the Corporation’s 2017 year-end reserves and the decision by the Board of Directors of the Corporation to commence a review of strategic alternatives in respect of the Corporation to enhance shareholder value. 2017 Highlights Continued to grow high quality, long life, low decline asset base with forecast decline of 5%. Proved Developed Producing (PDP) reserves represent approximately 83% of Proved Reserves. Proved reserves represent approximately 71% of Proved plus Probable Reserves with $4.8 million of future development capital to capture additional Probable

VIRGINIA’S INN AT LITTLE WASHINGTON MAKES HISTORY BY BECOMING THE LONGEST TENURED 5 STAR RESTAURANT IN THE WORLD

Washington, VA, Feb. 20, 2018 (GLOBE NEWSWIRE) — February 20, 2018 (Washington, VA) – The Forbes Travel Guide announced today that The Inn at Little Washington has once again, for the 29th consecutive year, received two Five Star Awards–one for its restaurant and one for the hotel.    “The achievement of this award honors The Inn at Little Washington’s dedication to raising the global standards in luxury hospitality and recognizes its delivery of a service culture that is both genuine and trusted,” said Gerard J. Inzerillo, CEO of the Forbes Travel Guide.  The 5-Star Award is reserved for the most exquisite properties in

goeasy Ltd. Reports Results for the Fourth Quarter and Full Year

Record Revenues and Operating IncomeRecord Originations and Loan Book GrowthDividend Increase of 25% to $0.90 Per Share MISSISSAUGA, Ontario, Feb. 20, 2018 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX:GSY), (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services that provides everyday Canadians with a chance for a better tomorrow, today, announced its results for the fourth quarter and year ended December 31, 2017.  The Company also announced a 25% increase in its annual dividend from $0.72 to $0.90 per share. Results for the Fourth Quarter Ended December 31, 2017 Revenue for the fourth quarter of 2017

ProPhase Labs, Inc. Announces New Compensatory Arrangement With Chief Executive Officer and Termination of Stockholder Rights Plan

DOYLESTOWN, Pa., Feb. 20, 2018 (GLOBE NEWSWIRE) — ProPhase Labs, Inc. (NASDAQ:PRPH) (www.ProPhaseLabs.com), a vertically integrated and diversified branding, marketing and technology company with deep experience in over-the-counter dietary supplements and remedies (“ProPhase” or “Company”), announced today that its Board of Directors has approved a new employment agreement with Ted Karkus, the Company’s Chief Executive Officer, which will become effective February 23, 2018.  Pursuant to the terms of the new employment agreement, Mr. Karkus has voluntarily agreed to reduce his base salary from the current rate of not less than $675,000 per annum, as set forth in his prior employment

Dream Industrial REIT Reports Strong 2017 Financial Results, 140 bps Improvement in Occupancy Year-Over-Year and Successful Expansion Into U.S. Class A Industrial Market

This news release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release. TORONTO, Feb. 20, 2018 (GLOBE NEWSWIRE) — DREAM INDUSTRIAL REIT (TSX:DIR.UN) or (“Dream Industrial REIT”, the “Trust” or “we”) today announced its financial results for the three and twelve months ended December 31, 2017. Management will host a conference call to discuss the results on February 21, 2018 at 9:00 a.m. (ET). Selected Financial Information (unaudited) Three months ended     Year ended ($000’s except unit and per unit amounts)  

Sentgraf Enterprises Ltd. Reports a Change in Percentage of Ownership of ATCO Ltd. Class II Voting Shares

CALGARY, Alberta, Feb. 20, 2018 (GLOBE NEWSWIRE) — Sentgraf Enterprises Ltd. (“Sentgraf”) advises today that the percentage of outstanding Class II Voting Shares of ATCO Ltd. held by Sentgraf Enterprises Ltd. has increased by 2.00% since May 16, 2014, to 85.92%.  The percentage increase was caused by third parties converting Class II Voting Shares of ATCO Ltd. into Class I Non-Voting Shares.  The Class II Voting Shares are convertible into Class I Non-Voting Shares on a one-for-one basis at the option of the holders.  The increase in Sentgraf’s percentage ownership of the Class II Voting Shares was not the result

LUCARA ANNOUNCES FULL YEAR RESULTS

Vancouver, Feb. 20, 2018 (GLOBE NEWSWIRE) — (LUC – TSX, LUC – BSE, LUC – Nasdaq Stockholm) Lucara Diamond Corp. (“Lucara” or the “Company”) is pleased to announce full year revenues of $220.8 million or $847 per carat (all dollar amounts are in US dollars unless otherwise stated). HIGHLIGHTS Financial: Revenue was $220.8 million or $847 per carat (2016: $295.5 million or $824 per carat) EBITDA was $113.5 million (2016: $185.4 million) Year end cash position was $61.1 million (2016: $53.3 million) Operating costs were $34.6 per tonne processed (2016: $26.5 per tonne processed) Basic earnings per share for the

National Marine Manufacturers Association Honors MasterCraft’s XStar with 2018 Innovation Award

VONORE, Tenn., Feb. 20, 2018 (GLOBE NEWSWIRE) — MasterCraft Boat Company (NASDAQ:MCFT) continues its leadership accolades in the towboat category with a prestigious innovation award for its most advanced towboat to date, the 2018 XStar. Just announced at the Miami International Boat Show, the National Marine Manufacturers Association (NMMA) and Boating Writers International honored MasterCraft with this award as one of 17 winners out of 62 total evaluated products. “With the new XStar, validation came when ranks of pro wakeboarders outside of the MasterCraft team were raving about its versatility and what it will allow them to do off the

Ensuring affordability and competitiveness key to economic prosperity

VICTORIA, British Columbia, Feb. 20, 2018 (GLOBE NEWSWIRE) — The Chartered Professional Accountants of British Columbia (CPABC) applaud the government for its sixth consecutive balanced budget. The government is projecting a budget surplus over the next three fiscal years ­– $219 million in 2018-19; $281 million in 2019-20; and $284 million in 2020-21. And it is expecting to eliminate the province’s operating debt by the end of 2018-19, a year ahead of what was forecasted in Budget Update 2017. The government’s fiscal responsibility has allowed it to make strategic investments in housing affordability and child care, which are key areas

Gran Tierra Announces Release Date for its 2017 Fourth Quarter and Full Year Results, Conference Call and Webcast Details

CALGARY, Alberta, Feb. 20, 2018 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American:GTE) (NYSE MKT:GTE) (TSX:GTE), announces that the Company will release its 2017 fourth quarter and full year financial and operating results on Tuesday, February 27, 2018, after market close. A conference call to discuss the 2017 fourth quarter and full year results will be held at 11:00 a.m. Eastern Time (9:00 a.m. Mountain Time) the following day, Wednesday, February 28, 2018.  Details of the conference call are as follows: Date: Wednesday, February 28, 2018 Time: 11:00 a.m. Eastern Time (9:00 a.m. Mountain Time) North American

Unions, employers and doctors call for pharmacare

BRAMPTON, Ontario, Feb. 20, 2018 (GLOBE NEWSWIRE) — The Canadian Labour Congress will host a town hall discussion on pharmacare from 6:00 to 8:00 p.m. on Tuesday, February 27 at the Greenbriar Recreation Centre in Brampton. The event will feature CLC Secretary-Treasurer Marie Clarke Walker on why Canada’s unions believe everyone with a health card should have prescription drug coverage. She’ll be joined by pharmacare experts, including Canadian Doctors for Medicare Chair, Dr. Danyaal Raza, and Arshed Bhatti of the Ontario Health Coalition.       What:   Town hall discussion on pharmacare       When:   6:00 to

Havertys Reports Earnings for Fourth Quarter and Full Year 2017

ATLANTA, Feb. 20, 2018 (GLOBE NEWSWIRE) — HAVERTYS (NYSE:HVT) (NYSE:HVT.A) reports earnings for the quarter ended December 31, 2017 of $0.13 per share compared to $0.51 per share for the same period of 2016.  The earnings per share for the full year 2017 were $0.98 compared to $1.30 per share for 2016. The enactment of the 2017 Tax Cuts and Jobs Act (the Tax Act) resulted in a reduction in diluted earnings per share of $0.27 for both the fourth quarter and full year 2017.  Clarence H. Smith, chairman, president and CEO, said, “Our earnings for the fourth quarter reflect

Arctic Glacier Issues Default Status Report Pursuant to National Policy 12-203

WINNIPEG, Manitoba, Feb. 20, 2018 (GLOBE NEWSWIRE) — Arctic Glacier Income Fund (CSE:AG.UN) (the “Fund”) is providing a default status report, in accordance with the alternative information guidelines set out in National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults (“National Policy 12-203”). On August 15, 2012, the Fund announced (the “Default Announcement”) that it would not be able to file an interim financial report and interim management’s discussion and analysis for the period ended June 30, 2012, together with the related certification of filings under National Instrument 52-109 Certification of Disclosure in Issuers’ Annual and Interim Filings (collectively,