Tag: Canadian

Student Transportation Inc. Reports Fourth Quarter & Fiscal Year 2016 Results

BARRIE, Ontario, Sept. 14, 2016 (GLOBE NEWSWIRE) — Student Transportation Inc. (TSX:STB) (NASDAQ:STB) (“STI” or “the Company”) today announced financial results for the fourth quarter and fiscal year ended June 30, 2016. All financial results are reported in U.S. dollars except as otherwise noted. “We were very pleased with our strong performance and solid results in fiscal 2016 which were in line with our internal objectives and we are well-positioned for continued improvements in fiscal 2017,” said Denis J. Gallagher, STI Chairman and CEO. “Our year-end results reflect the positive impact of our fuel management and early stage returns from strategic

U.S. Global Investors Reports Financial Results for Fiscal Year 2016

San Antonio, TX, Sept. 14, 2016 (GLOBE NEWSWIRE) — For Immediate Release U.S. Global Investors Reports Financial Results for Fiscal Year 2016 Continuing Dividends and Share Repurchase Program ************************************************************************ SAN ANTONIO-September 14, 2016 –U.S. Global Investors, Inc. (NASDAQ: GROW), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported a net loss of $3.7 million, or $(0.24) per share, on operating revenues of $5.5 million for the fiscal year ended June 30, 2016. For the fiscal year 2015, U.S. Global Investors recorded a net loss of $4.0 million, or $(0.26) per share, on

Canadian Linen and Uniform Sponsors Third Annual 'Day of Service'

TORONTO, Sept. 14, 2016 (GLOBE NEWSWIRE) — Canadian Linen and Uniform Service today announced that its 47 branches and other locations across North America will participate in the 3rd annual ‘Day of Service’ community giving program in which employees are given the opportunity to spend all or part of their work day volunteering, donating goods and services, or participating in community events. “I am very pleased with the enthusiastic participation of our employees across the organization and the continued success of this program,” said Bill Evans, President and CEO of Canadian Linen. “We have been growing this event over the

Xenon Pharmaceuticals Announces Exercise in Full of Option to Purchase Additional Shares and Closing of $34.5 Million Public Offering

BURNABY, British Columbia, Sept. 13, 2016 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a clinical-stage biopharmaceutical company, today announced that the underwriters of the previously announced public offering of its common shares have exercised in full their option to purchase an additional 600,000 common shares, consisting of 450,000 common shares from Xenon and 150,000 common shares from the selling securityholders named in the final prospectus supplement for the offering. The closing of the sale of all common shares occurred today. Gross proceeds from the offering of an aggregate of 3,450,000 common shares by Xenon and the offering of an aggregate of

DALBAR Canada Study Finds Becoming A New Robo-Advisor Client Has Its Challenges 

TORONTO, Sept. 13, 2016 (GLOBE NEWSWIRE) — DALBAR released results for its much anticipated Robo-advisor Onboarding Experience study. Opening a new account is a critical first point of contact between a service provider and a client. DALBAR set out to investigate the onboarding process between a robo-advisor and its new clients. The study reveals some robo-advisors are clearly falling short of peer performance as well as of Canadian investors’ expectations for service in the wealth management space.  Key service gaps include:       Funding the account was the biggest challenge facing Canadian robo-advisors. Several firms encountered serious technical and logistical challenges using

SEC COMPLIANCE INCORPORATED Announces Corporate Name Change to M2 COMPLIANCE INCORPORATED (M2 Compliance ™) to Reflect Global Expansion for Regulatory Services

LOS ANGELES, Sept. 13, 2016 (GLOBE NEWSWIRE) — SEC Compliance Incorporated – a world leading U.S. Securities and Exchange Commission-Registered Filing Agent and innovative provider of communication platforms – announced today that it is changing its corporate name to M2 Compliance Incorporated (M2 Compliance ™). The name change reflects the company’s broader commitment to service global regulatory markets for compliance and communication platforms that expand outside of the Securities & Exchange Commission (SEC). M2 Compliance will still offer the low cost and efficient services and as M2 Compliance grows internationally we are striving to further reduce costs and better our services

Etrion Confirms Engagement of Greenhill & Co. to Assist in Possible Sale of Italian Portfolio

September 13, 2016, Miami, Florida – Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX / OMX: ETX), a solar independent power producer, confirms that it has engaged financial advisor Greenhill & Co. International LLP to assist in evaluating the possible sale of the Company’s 60-megawatt Italian solar portfolio. The sale of the Italian portfolio would allow the Company to recycle some of its capital and focus its efforts on its expanding asset portfolio in Japan. No agreement has been reached with respect to the sale of all or any portion of the Italian portfolio and no assurance can be given

Aptose Submits Formal Response to Clinical Hold for APTO-253

SAN DIEGO and TORONTO, Sept. 12, 2016 (GLOBE NEWSWIRE) — Aptose Biosciences Inc. (NASDAQ:APTO) (TSX:APS), a clinical-stage company developing new therapeutics and molecular diagnostics that target the underlying mechanisms of cancer, announced today that it has submitted a formal response to the U.S. Food and Drug Administration (FDA) regarding the previously announced clinical hold of Aptose’s Phase 1b clinical trial of APTO-253 in patients with hematologic cancers.  Aptose provided responses to all of the questions cited in the clinical hold letter issued by the FDA. “This submission represents months of disciplined labor to resolve a manufacturing matter related to APTO-253

Arcadis Finds New York City Earns Most Sustainable US City

HIGHLANDS RANCH, Colo., Sept. 12, 2016 (GLOBE NEWSWIRE) — New York City leads the United States for sustainability, according to the Sustainable Cities Index from Arcadis, the leading global design and consultancy for natural and built assets. From 22 North American cities measured, New York City ranks ahead of Boston (5th), San Francisco (6th) and Seattle (7th) while rounding out the bottom rankings are Indianapolis, Tampa and Detroit. Canadian cities ranked ahead of most U.S. cities, with Vancouver taking the highest spot and Toronto and Montreal ranking in the top five. With cities home to more than half the world’s

Mandalay Resources Corporation Reports Fatality at Cerro Bayo Operations

TORONTO, Sept. 11, 2016 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX:MND) regretfully announces the fatality of a contractor in an incident that occurred yesterday at its Cerro Bayo operation in Aysen, Chile. The incident occurred underground and was reported to the Chilean authorities; an investigation into the incident has been initiated. Mining operations at Cerro Bayo are temporarily suspended and the Company is now working closely with the contractor, authorities, and our employees to respond effectively. Dr. Mark Sander, President and Chief Executive Officer of Mandalay, commented: “We deeply regret this incident and are working closely

ITG Releases August 2016 U.S. Trading Volumes

NEW YORK, Sept. 09, 2016 (GLOBE NEWSWIRE) — ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced that August 2016 U.S. trading volume was 2.5 billion shares and average daily volume (ADV) was 107 million shares. This compares to 2.2 billion shares and ADV of 112 million shares in July 2016 and 2.8 billion shares and ADV of 134 million shares in August 2015. There were 23 trading days in August 2016, 20 trading days in July 2016 and 21 trading days in August 2015. In addition to overall U.S. trading volumes, ITG also provides a monthly

Canadian Stocks

A-Mark Precious Metals Enters Into New Employment Agreement with Thor Gjerdrum

SANTA MONICA, Calif., Sept. 08, 2016 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ:AMRK), a full-service precious metals trading company and an official distributor for all the major sovereign mints, has entered into a new three-year employment agreement with Thor Gjerdrum. As part of the agreement, Gjerdrum was promoted to the position of president, succeeding David Madge who was appointed to the new position of chief marketing officer. Gjerdrum has served as A-Mark’s EVP and COO since 2013, and as CFO from 2010 to 2013. Previously, Gjerdrum held a range of positions with two publicly traded telecommunications companies, including vice

DataWind Announces Cease Trade Order

MISSISSAUGA, Ontario, Sept. 08, 2016 (GLOBE NEWSWIRE) — DataWind Inc. (TSX:DW) (“Datawind” or the ”Company”) Datawind announces that on September 7, 2016, the Ontario Securities Commission (“OSC”) issued a Failure-to-File Cease Trade Order (“FFCTO”) against the Company for failure to file its audited financial statements, management’s discussion and analysis, and related CEO and CFO certifications and its annual information form for the year ended March 31, 2016 (the “Annual Disclosure”) and its interim unaudited financial statements, interim management’s discussion and analysis, and related CEO and CFO certifications for the three month period ended June 30, 2016 (together with the Annual

Xenon Pharmaceuticals Announces Pricing of $30 Million Public Offering of Common Shares

BURNABY, British Columbia, Sept. 08, 2016 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a clinical-stage biopharmaceutical company, today announced the pricing of a $30 million underwritten public offering of its common shares pursuant to its existing shelf registration statement and corresponding Canadian base shelf prospectus at a public offering price of $7.50 per share. The offering consists of 3.0 million common shares offered by Xenon and 1.0 million common shares offered by certain of Xenon’s existing securityholders named in the preliminary prospectus supplement for the offering, resulting in aggregate gross proceeds of approximately $22.5 million to Xenon and approximately $7.5 million

Xenon Pharmaceuticals Announces Proposed Public Offering of Common Shares

BURNABY, British Columbia, Sept. 07, 2016 (GLOBE NEWSWIRE) — Xenon Pharmaceuticals Inc. (Nasdaq:XENE), a clinical-stage biopharmaceutical company, today announced that it has commenced an underwritten public offering of its common shares pursuant to its existing shelf registration statement and corresponding Canadian base shelf prospectus. The common shares in the proposed offering are to be sold by Xenon and certain of Xenon’s existing securityholders to be named in the preliminary prospectus supplement for the offering. It is expected that the underwriters of the offering will be granted an option for a period of 30 days to purchase up to an additional 15%

DAVIDsTEA Inc. Announces Second Quarter Fiscal 2016 Financial Results

Second quarter sales growth of 25.3% to C$41.1 million; comparable sales increase of 5.1% Reiterates Fiscal 2016 outlook MONTREAL, Sept. 07, 2016 (GLOBE NEWSWIRE) —  DAVIDsTEA Inc. (Nasdaq:DTEA) today announced financial results for the three months and six months ended July 30, 2016. For the three months ended July 30, 2016: Sales increased by 25.3% to C$41.1 million from C$32.8 million in the second quarter of fiscal 2015. Comparable sales increased by 5.1%. Gross profit increased by 23.6% to C$19.9 million from C$16.1 million in the second quarter of fiscal 2015, while gross profit as a percent of sales decreased

More Canadians Can Recycle More Plastic Than Ever Before

TORONTO, Sept. 7, 2016 (GLOBE NEWSWIRE) — New numbers for 2015 just released by the Canadian Plastics Industry Association (CPIA) show 96 out of 100 Canadians can recycle all types of transparent and opaque plastic bottles, jugs and jars in their residential recycling programs. “We’ve just finalized our analysis for 2015 and are excited to report that more Canadians can recycle more plastic bottles, jugs, jars, tubs and lids as well as plastic bags and plastic overwrap than ever before,” says Carol Hochu, CPIA’s President and CEO. The report, Canadian Residential Plastics Packaging: Recycling Program Access Report, monitors the changes

Aben Commences Exploration Activity at Forrest Kerr Gold Project in B.C.’s Golden Triangle

VANCOUVER, British Columbia, Sept. 07, 2016 (GLOBE NEWSWIRE) — Aben Resources Ltd. (TSX-V:ABN) (OTCBB:ABNAF) (Frankfurt:E2L2) (“Aben” or the “Company”) is pleased to announce the commencement of exploration activity on Aben’s 100% owned 23,000 hectare Forrest Kerr Property located within B.C.’s Golden Triangle region (see ABN news release July 18th). The Golden Triangle is host to significant mineral deposits including Galore Creek, Copper Canyon, Schaft Creek, Valley of the Kings, Snowfield, KSM, Snip, Granduc, Red-Chris and numerous others. 2016 fieldwork is intended to provide reconnaissance-scale geological exploration throughout the project area (which spans approximately 40km north/south), with particular emphasis on the

DataWind Provides Update Regarding Key Performance Indicators & its Annual and Quarterly Filings

MISSISSAUGA, Ontario, Sept. 06, 2016 (GLOBE NEWSWIRE) — DataWind Inc. (TSX:DW), the leader in delivering Internet access to emerging markets, is providing its fifth required bi-weekly default status report, an update on two key performance indicators, and details regarding the reason for the delay in the filing of its audited annual financial statements for the year ended March 31, 2016, the related management’s discussion and analysis (MD&A), certificates of its CEO and CFO, its annual information form and its quarterly financial statements and MD&A for the three month period ended June 30, 2016 (the “Required Annual and Interim Filings”) and

PreveCeutical Announces Chief Financial Officer Shabira Rajan, CPA, CGA

VANCOUVER, British Columbia, Sept. 06, 2016 (GLOBE NEWSWIRE) — PreveCeutical Medical Inc. (“PreveCeutical”, or the “Company”), a health and wellness company focused on utilizing nature and science for the benefit of health conscious consumers, announces the appointment of Ms. Shabira Rajan, CPA, CGA as Chief Financial Officer following the resignation of Jeremy Wright, CPA, CMA.  Mr. Wright will continue as a Director of the Company. Ms. Rajan has an extensive professional history, including her most recent positions as the Director of Finance at the Canadian Freestyle Ski Association, owner of SHROFF Financial Management, and Director of Finance for Canada Line