Day: May 17, 2018

Trends In $101 Billion Spending on U.S. Nutrition Assistance – 2018 Update Released By OPEN MINDS

Gettysburg, PA, May 17, 2018 (GLOBE NEWSWIRE) — A new report from OPEN MINDS found that U.S. spending on nutrition assistance programs totaled $101 billion in 2016, down 7.4% from FY2013 when spending peaked at $109.1 billion. The U.S. provides nutrition assistance primarily through the Supplemental Nutrition Assistance Program (SNAP), which served 44.2 million individuals or 14% of the U.S. population in FY2016. The average benefit for SNAP is $125.40 per individual per month. These findings were released by OPEN MINDS in their recent market intelligence report, U.S. Spending On Nutrition Assistance Programs: $101 Billion In FY2016. Poverty and poor health are often linked for consumers with chronic

Petrus Resources Announces Term Loan Extension and Credit Facility Update

CALGARY, Alberta, May 17, 2018 (GLOBE NEWSWIRE) — Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX:PRQ) is pleased to announce a one year extension of its second lien term loan maturity date and the completion of the 2018 annual review of its revolving credit facility (“RCF”). SECOND LIEN TERM LOAN Petrus has entered into an agreement with Macquarie Bank Limited (the “Term Loan Lender”) to extend the maturity date of the Company’s $35 million second lien term loan from October 8, 2019 to October 8, 2020.  The interest rate on the $35 million balance will remain unchanged at the Canadian

Prairie Provident Announces Voting Results from Annual Meeting of Shareholders

CALGARY, Alberta, May 17, 2018 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) is pleased to announce the results of shareholder voting at its annual meeting held May 17, 2018, at which resolutions re-electing the board of directors and appointing the Company’s auditors were approved.  Approximately 68.9% of the common shares outstanding were represented in person or by proxy at the meeting.  The detailed voting results are set out below. Election of Directors Each of the following six nominees was elected as a director of Prairie Provident for the ensuing year, to hold office until the

Lithium Americas Files NI 43-101 Technical Report on the Updated Mineral Resource Estimate for the Thacker Pass Project

VANCOUVER, British Columbia, May 17, 2018 (GLOBE NEWSWIRE) — Lithium Americas Corp. (TSX:LAC) (NYSE:LAC) (“Lithium Americas” or the “Company”) is pleased to announce the filing of a technical report (the “Technical Report”) for the Thacker Pass lithium project (the “Thacker Pass Project”), formerly Stage 1 of the Lithium Nevada project. The Thacker Pass Project in Nevada, United States, is 100% owned by Lithium Nevada Corp., a wholly-owned subsidiary of Lithium Americas. The Technical Report supports the scientific and technical disclosure in the updated mineral resource estimates contained in the Company’s press release dated April 5, 2018. The Technical Report entitled,

Global Challengers Lead Digital Business Revolution

BCG Identifies 100 Companies from Emerging Markets That Outperform Owing in Part to Innovation in, and Use of, Digital Technologies BOSTON, May 17, 2018 (GLOBE NEWSWIRE) — In its 9th report since 2006 on the leading companies in emerging markets, Global Challengers 2018: Digital Leapfrogs, which is being released today, The Boston Consulting Group (BCG) identifies a new class of 100 “global challengers,” many of which are leaders in digital innovation and adoption as well as in their home markets and globally. The new report shows that digital leadership is increasingly an emerging-markets phenomenon as consumers and companies embrace online

Razor Energy Corp. Announces First Quarter 2018 Results and Retains Alliance Capital Partners

CALGARY, Alberta, May 17, 2018 (GLOBE NEWSWIRE) — Razor Energy Corp. (“Razor” or the “Company”) (TSXV:RZE) is pleased to announce its first quarter 2018 financial and operating results. Selected financial and operational information is outlined below and should be read in conjunction with Razor’s unaudited condensed consolidated interim financial statements and management’s discussion and analysis for the quarter ended March 31, 2018 which are available on SEDAR at www.sedar.com and the Company’s website www.razor-energy.com. Q1 2018 HIGHLIGHTS OPERATING Generated adjusted funds flow of $5.5 million in the first quarter of 2018 compared to $0.4 million in the first quarter of 2017.

Ivy Joins the Enterprise Ethereum Alliance

LOS ANGELES, May 17, 2018 (GLOBE NEWSWIRE) — Ivy, a blockchain-based financial services company looking to change the way banking transactions are done, announced today that it has joined the Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative. As a member of the EEA, Ivy will collaborate with industry leaders in pursuit of Ethereum-based enterprise technology best practices, open standards, and open-source reference architectures and work to contribute to the alliance as and liaise with its fellow banking and financial members. “A membership with an organization like the EEA is invaluable,” noted Gary Fan, President of Ivy.

1,775 Projected New Jobs Coming to Southern Nevada through LVGEA

Record-breaking nine companies–including CVS, Sephora–assisted by LVGEA and approved for state incentives Las Vegas, May 17, 2018 (GLOBE NEWSWIRE) — With the assistance of the Las Vegas Global Economic Alliance (LVGEA), 1,775 jobs are projected for Southern Nevada (five year projection) as nine companies that plan to expand in the region were approved for state incentives today by the Nevada Governor’s Office of Economic Development (GOED​) board of directors: Caremark, LLC / CVS Sephora USA KRS Global Biotechnology, Inc. Ritchie Bros. Auctioneers 3PEA International Pictographics Alpha Guardian Cannae Holdings, Inc. Fortress Innovations “The LVGEA and our partners in economic development

Select Sands Reports First Quarter 2018 Results

Improved Margins Drove Adjusted EBITDA Higher in Q1 2018 by More than 300% from Q4 2017 Recent Logistics Enhancements Increase Q2 2018 Sales Volumes Guidance to 130,000 to 150,000 Tons Executing on Plans to Expand Production Capacity by 67% to 1 Million Tons Per Year VANCOUVER, British Columbia, May 17, 2018 (GLOBE NEWSWIRE) — Select Sands Corp. (“Select Sands” or the “Company”) (TSXV:SNS) (OTC:SLSDF) today announced operational and financial results for the first quarter of 2018 and the filing of its financial statements and associated management’s discussion and analysis on www.sedar.com. As previously announced, the Company’s financial statements are presented

Air Lease Corporation Announces Delivery of Boeing 737 MAX 8 Aircraft with Travel Service

LOS ANGELES, May 17, 2018 (GLOBE NEWSWIRE) — Air Lease Corporation (NYSE:AL) (“ALC”) announced the delivery of one new Boeing 737 MAX 8 aircraft on lease to Travel Service (SmartWings).  This aircraft is the first of two 737 MAX 8 aircraft scheduled for delivery to Travel Service, with the next aircraft delivering in 2019. “We are delighted to deliver a new 737 MAX to Travel Service today,” said Alex Khatibi, Executive Vice President of Air Lease Corporation.  “Travel Service’s high service standards coupled with their fleet upgrade to the MAX will bring their customer experience and network development to the next

Total Energy Services Inc. Reports on Voting From the Annual Meeting of Shareholders

CALGARY, Alberta, May 17, 2018 (GLOBE NEWSWIRE) — Total Energy Services Inc. (“Total” or the “Company”) (TSX:TOT) announces that the following matters were voted upon at the Company’s annual meeting of Shareholders on May 17, 2018 (the “Meeting”). A total of 40,169,145 common shares, representing 86.89% of Total’s issued and outstanding shares as at the Record Date for the Meeting, were represented in person or by proxy at the Meeting. Matter Voted Upon   Outcome of Vote   Votes For   Votes Withheld                     1.   The election of the following

Quorum Announces Q1 FY2018 Results

Recurring SaaS support revenue increases 12% over Q1 FY2017 CALGARY, Alberta, May 17, 2018 (GLOBE NEWSWIRE) — Quorum Information Technologies Inc. (TSX-V:QIS), a leading provider of dealership and customer management software and value-added services to the automotive industry, released its 2018 first quarter results today. Maury Marks, Quorum’s President and CEO provided the following comments on the Company’s Q1 FY2018 operational and financial results:   –  Recurring SaaS support revenue for Q1 FY2018 increased by $281,447 over Q1 FY2017, which represents a 12% increase.  Both added installations of new customers and sales of added Quorum-developed and strategic 3rd party products (for

Raven Industries Reports Strong First Quarter Fiscal 2019 Results

EPS Increased 80 Percent Year-Over-Year SIOUX FALLS, S.D., May 17, 2018 (GLOBE NEWSWIRE) — Raven Industries, Inc. (NASDAQ:RAVN) today reported financial results for the first quarter that ended April 30, 2018. Noteworthy Items: Consolidated net sales increased 19 percent year-over-year and all three divisions increased division profit margin year-over-year; Launched Applied Technology’s new Latin American headquarters in Brazil, aggressively pursuing organic growth opportunities in this key region; Applied Technology sustained the strong sales performance achieved in the prior year despite persistently low commodity prices and increased division profit margin; Engineered Films’ strong financial performance continued with organic growth and profit

Advice Chaser Offers Consumers an Easy Way to Find the Best Professional Financial Advisor

NEW YORK, May 17, 2018 (GLOBE NEWSWIRE) — In today’s fast-moving markets, more people are interested in improving their financial capacities. To be able to achieve success, an individual should search out and go through a rapidly expanding array of information.  That is where financial advisors come in. Advice Chaser is a company that helps consumers find the best professional financial planner, advisor, real estate agent, tax preparer and more. If you have decided to get help from a financial advisor, you have made the right choice. One of the benefits of hiring a financial advisor is to have someone

Cardinal Energy Ltd. Report on Voting From the 2018 Shareholders Meeting

CALGARY, Alberta , May 17, 2018 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (TSX:CJ) (“Cardinal” or the “Company“) announces that all matters presented for approval at the annual and special meeting of the shareholders of Cardinal held today have been fully authorized and approved. A total of 41,740,097 votes representing 36.60% of the total votes entitled to vote at the meeting, were voted in connection with the matters considered at the meeting. By ordinary resolution passed via ballot, the number of directors to be elected at the meeting was fixed at five members. The results of the ballot were as follows:

Kane Biotech Announces First Quarter 2018 Financial Results, Granting of Options and Investor Relations Improvements

WINNIPEG, Manitoba, May 17, 2018 (GLOBE NEWSWIRE) — Kane Biotech Inc. (TSX-V:KNE) (OTCQB:KNBIF) (the “Corporation” or “Kane Biotech”) announces its First Quarter 2018 Financial Results, granting of options and investor relations improvements to its website. Kane Biotech Inc. is a biotechnology company engaged in the research, development and commercialization of technologies and products that prevent and remove microbial biofilms.  Key Highlights of Kane Biotech include the following: Royalty-based revenue model specializing on large markets for biofilm prevention and dispersion solutions that are implicated in 80% of animal and human bacterial infections Strong patent portfolio of anti-biofilm technologies with 75 patents

U.S. Government Officially Declares All Three Superalloy Metals from Nebraska Project as “Critical Minerals”

NioCorp’s Elk Creek, Nebraska Project has now emerged as one of the few greenfield projects in the U.S. that plans to produce multiple Critical Minerals for which the U.S. is currently 100% reliant on foreign nations such as China and Russia CENTENNIAL, Colo., May 17, 2018 (GLOBE NEWSWIRE) — The Trump Administration will officially designate as “Critical Minerals” the entire planned product suite of superalloy metals that NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX:NB) (OTCQX:NIOBF) (FSE:BR3) proposes to mine and process at its Elk Creek, Nebraska Superalloy Materials project. The designation establishes the Elk Creek Project (the “Project”) as

Farooq Kathwari Receives Ellis Island Medal of Honor

DANBURY, Conn., May 17, 2018 (GLOBE NEWSWIRE) — Ethan Allen chairman, president and CEO, Farooq Kathwari, was awarded the 2018 Ellis Island Medal of Honor on May 12 at a gala celebration at Ellis Island. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/1a9d49bc-5b62-4909-b795-fbffbdb864c9. The award, presented by the Ellis Island Foundation, recognizes “a select group of individuals whose accomplishments in their field and inspired service to our nation are cause for celebration… The Ellis Island Medals of Honor embody the spirit of America in their salute to tolerance, brotherhood, diversity and patriotism. Honorees may be native-born or naturalized, but

Reporting results for the First Quarter of 2018

CALGARY, Alberta, May 17, 2018 (GLOBE NEWSWIRE) — Appulse Corporation (“Appulse”) (TSX VENTURE:APL) today reported a net income of $16,000 for the three months ended March 31, 2018 with revenues of $2,389,000, compared to a net income of $14,000 and revenues of $2,159,000 for the same three-month period of the previous year. Operating cash flow (net income for the period adjusted for items not involving cash) for the quarter ended March 31, 2018 of $84,000 compares to operating cash flow of $85,000 for the same three-month period of 2017. While parts and service sales to the Company’s traditional food and

K2 Stakes New Mineral Claims in the Moosehorn Range, Alaska, USA

VANCOUVER, British Columbia, May 17, 2018 (GLOBE NEWSWIRE) — K2 Gold Corporation (“K2” or the “Company”) (TSX-V:KTO) is pleased to announce that it has completed staking of 123 State of Alaska mining claims known as the McArthur Creek Property (“McArthur” or “the Property”) located in east-central Alaska, USA, 30 km northeast of Northway, Alaska and 130 km southwest of Dawson City, Yukon. The project is located on the Alaska-Yukon border, proximal to K2’s Ladue Property and covers approximately 7400 ha. The new claims are pending filing and official adjudication with the Alaska State Department of Natural Resources in Fairbanks, AK.