Alvopetro Announces 21% Increase in 2P Reserves
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CALGARY, AB, March 9, 2021 /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces our reserves as at December 31, 2020 with total proved plus probable ( 2P ) reserves of 9.6 MMboe and a before tax value discounted at 10% of US$195.2 million, changes of 21% and (2%) respectively from our previous years reporting. The reserves data set forth herein is based on an independent reserve assessment and evaluation prepared by GLJ Ltd. ( GLJ ) dated March 8, 2021 with an effective date of December 31, 2020 (the GLJ Report ).
December 31, 2020 Reserve Report Highlights
Proved reserves ( 1P ) and 2P reserves increased to 5.1 mmboe (+4%) and 9.6 mmboe (+21%) respectively, primarily due to the addition of development locations at our Gomo development.
/PRNewswire/ - Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) (FRA: 6MH) ("MINDCURE" or the "Company") a leader in advanced proprietary technology for.
Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF),
( Golden Arrow or the
Agreement ) to option its Caballos Copper-Gold Project (
Caballos or the
Project ) to Hanaq Argentina S.A. (
Hanaq ). Hanaq is a mineral exploration company with precious, base and strategic metal projects throughout Argentina. The agreement gives Hanaq the opportunity to earn a 70% interest in Caballos by spending US$4 million on exploration at the Project over six years. Caballos is one of several copper-focused projects within our more than 180,000-hectare portfolio in Argentina that has demonstrated potential from preliminary geological work. With the recent strength in the copper market, we have redoubled our efforts to secure qualified and committed partners such as Hanaq to advance these exploration projects. This allows us to build value at those properties while freeing our team to concentrate on our core-focus precious metal projects in Argentina and Paraguay a
Converge Technology Solutions Reports Fourth Quarter and Fiscal Year 2020 Financial Results
USA - English
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Converge or the
Company ) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a national platform of regionally focused Hybrid IT solution providers in the U.S. and Canada, is pleased to provide its financial results for the three and twelve month periods ended December 31, 2020. All figures are in CAD dollars unless otherwise stated.
Q420 & FY20 Highlights
Fourth quarter revenue increased 35% over the last year to $289.6 million and annual revenue increased 38% to $948.8 million
Fourth quarter adjusted EBITDA increased 98% over the last year to $23.4 and annual adjusted EBITDA increased 92% to $60.5 million
Cryptocurrency s Expansion Garners Institutional Attention
FinancialBuzz.com News Commentary
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NEW YORK, March 9, 2021 /PRNewswire/ A cryptocurrency is a digital asset designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger existing in a form of computerized database. The database uses strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership. The first decentralized cryptocurrency, bitcoin, was created in 2009. Now, the burgeoning popularity of cryptocurrencies has resulted in major financial institutions, like banks, paying attention to developments in the crypto market. In addition, fin-tech companies are now stepping into the arena. For example, PayPal, recently announced plans to acquire Curv, a cryptocurrency startup based in Tel Aviv, Israel. In October 2020, PayPal announced its commitment to help shape