reports
Glacier and GVIC Complete Plan of Arrangement
Glacier and GVIC Complete Plan of Arrangement VANCOUVER, British Columbia, March 31, 2021 (GLOBE NEWSWIRE) -- Glacier Media Inc. (TSX: GVC) (“Glacier”) and GVIC Communications Corp. (TSX: GCT) (“GVIC”) today jointly announced that the previously announced plan of arrangement (the “Arrangement”) pursuant to which Glacier will acquire all of the Class B voting common shares (“GVIC B Shares”) and Class C non-voting shares (“GVIC C Shares”) of GVIC not currently held by Glacier and its subsidiary, or by a wholly-owned limited partnership of GVIC will be effective at 11:59 PM today (the “Effec...
GVIC Announces Final Court Approval of Plan of Arrangement With Glacie...
GVIC Announces Final Court Approval of Plan of Arrangement With Glacier Media Inc. and Effective Date of March 31, 2021 VANCOUVER, British Columbia, March 25, 2021 (GLOBE NEWSWIRE) -- GVIC Communications Corp. (TSX: GCT) (“GVIC”) announces that on March 22, 2021 GVIC obtained a final order (“Final Order”) from the British Columbia Supreme Court approving GVIC’s previously announced plan of arrangement (the “Arrangement”) pursuant to which Glacier Media Inc. (TSX: GVC) (“Glacier”) will acquire all of the Class B voting common shares (“GVIC B Shares”) and Class C non-voting shares (“GVIC C ...
GVIC Announces Sale of JWN Energy Business
GVIC Announces Sale of JWN Energy Business VANCOUVER, British Columbia, March 09, 2021 (GLOBE NEWSWIRE) -- GVIC Communications Corp. (“GVIC” or the “Company) announced today that it has entered into an agreement to sell its JWN Energy information business (“JWN”) to geoLOGIC systems ltd. (“geoLOGIC”) for $4.5 million in cash at closing plus an earn-out of up to $3.5 million payable over three years, for a total of up to $8.0 million (the “Transaction”). The earn-out is based on revenue performance. geoLOGIC is an energy information business based in Calgary. It is significantly larger ...
Glacier and GVIC Announce Definitive Agreement Whereby Glacier Will Ac...
Glacier and GVIC Announce Definitive Agreement Whereby Glacier Will Acquire All Class B Common Voting Shares and Class C Non-Noting Shares of GVIC Not Already Owned VANCOUVER, British Columbia, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Glacier Media Inc. (TSX: GVC) (“Glacier”) and GVIC Communications Corp. (TSX: GCT) (“GVIC”) today announced that they have entered into a definitive arrangement agreement (the “Agreement”) under which Glacier will acquire all of the Class B common voting shares and Class C non-voting shares of GVIC not currently held by Glacier and its subsidiary, or by a wholly-ow...
Glacier Media Offers to Acquire Shares of GVIC Not Already Owned
Glacier Media Offers to Acquire Shares of GVIC Not Already Owned VANCOUVER, British Columbia, Jan. 12, 2021 (GLOBE NEWSWIRE) -- GVIC Communications Corp. (“GVIC” or the “Company”) announced that Glacier Media Inc. (“Glacier”) has offered to acquire all of the Class B voting and Class C non-voting shares not currently held by Glacier and its subsidiary. Under the offer, each GVIC shareholder will receive 0.8 Glacier common shares for each Class B or Class C GVIC share held. An independent special committee of the board of directors of GVIC has been formed to review the transaction offere...
GVIC Communications Corp. Reports Results of Annual General Meeting
GVIC Communications Corp. Reports Results of Annual General Meeting VANCOUVER, British Columbia, Dec. 18, 2020 (GLOBE NEWSWIRE) -- GVIC Communications Corp. (“GVIC” or the “Company”) reports the voting results of the Annual General Meeting of its shareholders held on December 18, 2020 in Vancouver, British Columbia. The following four nominees were re-elected as directors of the Company by the following votes: NomineeVotes ForPercentVotes WithheldPercentJonathon J.L. Kennedy3,596,18799.99%1620%Bruce W. Aunger3,596,29399.99%560%Richard C. Whittall3,596,29399.99%560%Brian D. McChesney3,596...
GVIC Acquires GeoSearch
GVIC Acquires GeoSearch VANCOUVER, British Columbia, Dec. 01, 2020 (GLOBE NEWSWIRE) -- GVIC Communications Corp. (TSX: GCT) (“GVIC” or the “Company) announces that it has purchased the business assets of GeoSearch LLC (“GeoSearch”), a provider of environmental risk information based in Austin, Texas. The asset purchase was completed through ERIS Information Inc. and ERIS Information Limited Partnership (together “ERIS”), 55% owned subsidiaries of the Company. The acquisition of GeoSearch will strengthen ERIS’s US operations and improve the overall scale of its business. The acquisition b...
GVIC Reports Third Quarter Results
GVIC Reports Third Quarter Results VANCOUVER, British Columbia, Nov. 13, 2020 (GLOBE NEWSWIRE) -- GVIC Communications Corp. (“GVIC” or the “Company”) reported revenue and earnings for the period ended September 30, 2020. SUMMARY RESULTS Three months ended September 30, Nine months ended September 30,thousands of dollars, except share and per share amounts 2020 2019 2020 2019 Revenue $35,314 $48,256 $109,594 $138,191 EBITDA $8,751 $2,273 $17,234 $6,935 EBITDA margin 24.8% 4.7% 15.7% 5.0% EBITDA per share $0.029 $0.008 $0.0...
GVIC Reports Second Quarter Results
GVIC Reports Second Quarter Results VANCOUVER, British Columbia, Aug. 13, 2020 (GLOBE NEWSWIRE) -- GVIC Communications Corp. (“GVIC” or the “Company”) reported revenue and earnings for the period ended June 30, 2020. SUMMARY RESULTS Three months ended June 30, Six months ended June 30,thousands of dollars, except share and per share amounts 2020 2019 2020 2019 Revenue $30,999 $45,673 $74,280 $89,935 EBITDA $6,353 $2,495 $8,483 $4,662 EBITDA margin 20.5% 5.5% 11.4% 5.2% EBITDA per share $0.021 $0.008 $0.028 $0.016 Capital expenditures (3) $...
GVIC Announces Sale of 45% interest in ERIS and STP Businesses
GVIC Announces Sale of 45% interest in ERIS and STP Businesses VANCOUVER, British Columbia, July 16, 2020 (GLOBE NEWSWIRE) -- GVIC Communications Corp. (“GVIC” or the “Company”) announced today that it has sold a 45% interest in its ERIS and STP businesses (the “Businesses”) to Madison Venture Corporation (“Madison”), through the acquisition by Madison of units ("Units") in ERI Environmental Risk Limited Partnership, the limited partnership established to hold the Businesses (the “Limited Partnership”). The Company received $11 million in cash and retained 100% of the cash flow of t...
GVIC Reports First Quarter Results
GVIC Reports First Quarter Results VANCOUVER, British Columbia, May 15, 2020 (GLOBE NEWSWIRE) -- GVIC Communications Corp. (“GVIC” or the “Company”) reported revenue and earnings for the period ended March 31, 2020. SUMMARY RESULTS Three month ended March 31,thousands of dollars, except share and per share amounts 2020 2019 Revenue $43,281 $44,262 EBITDA $2,130 $2,167 EBITDA margin 4.9% 4.9% EBITDA per share $0.007 $0.007 Capital expenditures (3) $1,323 $4,847 Debt net of cash outstanding before deferred financing charges and other expenses $58,605 $54,076 Net inco...
GVIC REPORTS YEAR END RESULTS
GVIC REPORTS YEAR END RESULTS VANCOUVER, British Columbia, March 27, 2020 (GLOBE NEWSWIRE) -- GVIC Communications Corp. (“GVIC” or the “Company”) reported revenue and earnings for the year ended December 31, 2019. SUMMARY RESULTS thousands of dollars, except share and per share amounts 2019 2018 Revenue $184,790 $188,372 EBITDA $8,767 $11,223 EBITDA margin 4.7% 6.0% EBITDA per share $0.029 $0.037 Capital expenditures (3) $9,765 $7,595 Debt net of cash outstanding before deferred financing charges and other expenses $54,166 $67,399 Net income attributable to comm...
GVIC Third Quarter Results
GVIC Third Quarter Results VANCOUVER, British Columbia, Nov. 12, 2019 (GLOBE NEWSWIRE) -- GVIC Communications Corp. (“GVIC” or the “Company”) reported revenue and earnings for the period ended September 30, 2019. SUMMARY RESULTS Three months ended September 30, Nine month ended September 30, thousands of dollars, except share and per share amounts 2019 2018 2019 2018 Revenue $ 48,256 $ 48,717 $ 138,191 $ 139,803 EBITDA $ 2,273 $ 1,876 $ 6,935 $ 7,525 EBITDA margin 4.7% 3.9% 5.0% 5.4% EBITDA per share $ 0.008 $ 0.006 $ 0.023 $ 0.0...
Ford Equity International Rating and Forecast Report
Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind...
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