IFP

Interfor Announces Temporary Production Curtailments in Q4’22

Retrieved on: 
Thursday, October 20, 2022

The Companys lumber inventories are currently within normal volume parameters, and these plans are expected to maintain the balance between production and market demand through the remainder of 2022.

Key Points: 
  • The Companys lumber inventories are currently within normal volume parameters, and these plans are expected to maintain the balance between production and market demand through the remainder of 2022.
  • The Company currently expects to resume its normal operating schedule in January 2023, but will closely monitor market conditions and adjust its production plans accordingly.
  • Statements containing forward-looking information in this release, include but are not limited to, statements regarding production, production capacity, lumber prices, capital and maintenance projects, and other relevant factors.
  • Interfor undertakes no obligation to update such forward-looking information or statements, except as required by law.

Interfor to Announce Third Quarter Results on November 3, 2022

Retrieved on: 
Thursday, October 20, 2022

BURNABY, British Columbia, Oct. 19, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) will release its third quarter financial results on November 3, 2022. Information related to Interfor’s third quarter financial results will be available at www.interfor.com/investors.

Key Points: 
  • Analyst Conference Call 8:00 a.m. Pacific, Friday, November 4, 2022
    BURNABY, British Columbia, Oct. 19, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (Interfor or the Company) (TSX: IFP) will release its third quarter financial results on November 3, 2022.
  • Information related to Interfors third quarter financial results will be available at www.interfor.com/investors .
  • The analyst conference call is scheduled for 8:00 a.m. Pacific on Friday, November 4, 2022.
  • It will feature a brief summary of financial results by Interfor management followed by a question and answer period with analysts.

GBS Inc. Acquires Intelligent Fingerprinting Limited and its Proprietary Drugs of Abuse Screening Technology

Retrieved on: 
Tuesday, October 4, 2022

Intelligent Fingerprintings unique and proprietary drug screening system is an on-the-spot, 10-minute test that works by analyzing fingerprint sweat to screen for recent drug use.

Key Points: 
  • Intelligent Fingerprintings unique and proprietary drug screening system is an on-the-spot, 10-minute test that works by analyzing fingerprint sweat to screen for recent drug use.
  • To date IFP has mainly concentrated market development efforts in the United Kingdom through a direct sales force and lead generation team.
  • Philip Hand, Executive Chairman of Intelligent Fingerprinting, commented, Intelligent Fingerprinting was founded to provide more effective point of care diagnostic solutions that produce swift and highly accurate results through our proprietary fingerprint sweat-based technology.
  • Subject to an affirmative vote of GBS shareholders, each share of Preferred Stock is convertible into three shares of GBS Common Stock.

Interfor to Acquire Chaleur Forest Products in New Brunswick, Canada

Retrieved on: 
Monday, October 3, 2022

BURNABY, British Columbia, Oct. 03, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (Interfor or the Company) (TSX: IFP) announced today that it has reached an agreement with an affiliate of the Kilmer Group (Kilmer) to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products (Chaleur).

Key Points: 
  • BURNABY, British Columbia, Oct. 03, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (Interfor or the Company) (TSX: IFP) announced today that it has reached an agreement with an affiliate of the Kilmer Group (Kilmer) to acquire 100% of the equity interests in the entities comprising Chaleur Forest Products (Chaleur).
  • Chaleur also operates a woodlands management division based out of Miramichi that manages approximately 30% of the total Crown forest in New Brunswick.
  • As of August 31, 2022, Chaleur had paid cumulative CV and AD duties of approximately US$82 million.
  • Interfor is a growth-oriented forest products company with operations in Canada and the United States.

Primary Residential Mortgage, Inc. Named Silver Winner in Telly Awards

Retrieved on: 
Thursday, September 29, 2022

Residential Mortgage Company Wins Prestigious Award for Recruiting CampaignSALT LAKE CITY, Sept. 29, 2022 /PRNewswire-PRWeb/ -- Primary Residential Mortgage, Inc. (PRMI) is pleased to announce its "Awesome Josh" recruiting campaign has been named a Silver Winner in the 43rd Annual Telly Awards.

Key Points: 
  • Residential Mortgage Company Wins Prestigious Award for Recruiting CampaignSALT LAKE CITY, Sept. 29, 2022 /PRNewswire-PRWeb/ -- Primary Residential Mortgage, Inc. (PRMI) is pleased to announce its "Awesome Josh" recruiting campaign has been named a Silver Winner in the 43rd Annual Telly Awards.
  • The Telly Awards honors excellence in video and television across all screens and is judged by leaders from video platforms, television, streaming networks and production companies.
  • "Now, more than ever, it is necessary to celebrate video work that reflects the top tier of our industry, such as PRMI," said Telly Awards Executive Director Sabrina Dridje.
  • Entrants are judged by The Telly Awards Judging Councilan industry body of over 200 leading experts including advertising agencies, production companies, and major television networks, reflective of the multiscreen industry The Telly Awards celebrates.

Sallus Retirement Announces Strategic Venture with Independent Financial Partners (IFP)

Retrieved on: 
Thursday, September 29, 2022

Sallus Retirement and IFP will continue to grow as strategic partners, working to drive broader retirement plan coverage within the IFP network's small business client base.

Key Points: 
  • Sallus Retirement and IFP will continue to grow as strategic partners, working to drive broader retirement plan coverage within the IFP network's small business client base.
  • As a fully independent fiduciary, Sallus provides oversight of 401(k) plans and reduces risk to small businesses, free of conflicts of interest.
  • Independent Financial Partners (IFP) is a broker-dealer, registered investment adviser, and insurance agency supporting over 260financial professionals around the country.
  • An independent, pooled plan provider (PPP), Sallus Retirement LLC provides small businesses and the financial advisors who serve them with fiduciary expertise and oversight of expertly managed and administered workplace retirement plans.

Battery Ventures Forms ifp-labs to Expand Advanced Laboratory Testing and Diagnostic Services Across Europe

Retrieved on: 
Tuesday, September 20, 2022

ifp-labs, a laboratory group providing analytical testing services for food, feed, water and pharmaceuticals created by global, technology-focused investment firm Battery Ventures, today announced its launch.

Key Points: 
  • ifp-labs, a laboratory group providing analytical testing services for food, feed, water and pharmaceuticals created by global, technology-focused investment firm Battery Ventures, today announced its launch.
  • With its headquarters in Berlin, ifp-labs will expand advanced laboratory testing and technical support for customers across Europe.
  • The group serves more than 1,500 customers and has more than 600 employees, making ifp-labs one of the largest laboratory testing providers in Europe.
  • The next chapter, in partnership with Battery Ventures and ifp-labs, will involve expanding access to our solutions across Europe and worldwide.

Interfor Announces Successful Completion of its $100 Million Substantial Issuer Bid

Retrieved on: 
Tuesday, September 13, 2022

The Shares purchased represent an aggregate purchase of $100 million and 6.1% of the total number of Interfors issued and outstanding Shares issued and outstanding as of July 25, 2022.

Key Points: 
  • The Shares purchased represent an aggregate purchase of $100 million and 6.1% of the total number of Interfors issued and outstanding Shares issued and outstanding as of July 25, 2022.
  • Interfor has accepted the Shares tendered for purchase and has made payment for the Shares by delivering the aggregate purchase price to Computershare Investor Services Inc., the depositary for the Offer (the Depositary).
  • This news release contains forward-looking information, including relating to the Companys completion of a substantial issuer bid and timing of payment for the Shares purchased under the Offer.
  • Interfor undertakes no obligation to update such forward-looking information or statements, except as required by law.

Interfor Announces Preliminary Results of Substantial Issuer Bid

Retrieved on: 
Friday, September 9, 2022

BURNABY, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (Interfor or the Company) (TSX: IFP) announced today the preliminary results of its substantial issuer bid (the Offer) pursuant to which the Company offered to purchase up to $100 million in value of its outstanding common shares (the Shares) for cancellation from holders of Shares (the Shareholders).

Key Points: 
  • BURNABY, British Columbia, Sept. 08, 2022 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (Interfor or the Company) (TSX: IFP) announced today the preliminary results of its substantial issuer bid (the Offer) pursuant to which the Company offered to purchase up to $100 million in value of its outstanding common shares (the Shares) for cancellation from holders of Shares (the Shareholders).
  • Shareholders who made auction tenders at a price in excess of the Purchase Price should not expect to have any of their Shares purchased by Interfor.
  • Readers are cautioned that actual results may vary from the forward-looking information, and undue reliance should not be placed on such forward-looking information.
  • Interfor undertakes no obligation to update such forward-looking information or statements, except as required by law.

GBS Inc. Reports Fourth Quarter and Full Year ended June 30, 2022 Preliminary Financial Results and Recent Business Highlights

Retrieved on: 
Wednesday, August 31, 2022

NEW YORK, Aug. 31, 2022 (GLOBE NEWSWIRE) -- GBS Inc. (Nasdaq: GBS), a life sciences company developing non-invasive, real-time monitoring and diagnostic testing for patients and their primary health practitioners at point of care, today announced its preliminary financial results for the fourth financial quarter and full-year ended June 30, 2022 and provided a business update. Management will host a webcast and conference call at 4:30 p.m. ET today.

Key Points: 
  • ET -
    NEW YORK, Aug. 31, 2022 (GLOBE NEWSWIRE) -- GBS Inc. (Nasdaq: GBS), a life sciences company developing non-invasive, real-time monitoring and diagnostic testing for patients and their primary health practitioners at point of care, today announced its preliminary financial results for the fourth financial quarter and full-year ended June 30, 2022 and provided a business update.
  • We continue our thorough due diligence process and remain on track to update the market in the near term.
  • GBS is now proceeding with the next phase of the glucose biosensor development program, including two key parallel clinical studies.
  • Employee Benefits Expense for the full fiscal year 2022 of $2.3 million compared to the year prior of $1.9 million.