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Canadian cross-border trucking and logistics firm
Titanium Transportation Group Inc. (OTC: TTTGF) closed 2020 firing on all cylinders, reporting record revenue Tuesday for the fourth quarter and full year on the strength of its U.S. brokerage operations.
The Ontario-based company reported adjusted net income of CA$2.1 million ($1.66 million), or 6 cents per share, on CA$65.9 million in revenue. Fourth-quarter revenue came in 52.1% higher than a year ago, while net income came in more than 600% higher.
Earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 46.2% to CA$6.5 million compared to a year earlier. Record fourth quarter results marked a strong finish to an extraordinary year that exceeded expectations, CEO Ted Daniel said in a statement.
Next Hydrogen Corporation and BioHep Technologies Ltd. Announce Execution of Definitive Agreement for Reverse Takeover Transaction and Concurrent Financing Next Hydrogen Corporation; BioHep Technologies Ltd. Mississauga, Ontario, CANADA
Not for distribution in the U.S. or to U.S. newswire services.
TORONTO, March 04, 2021 (GLOBE NEWSWIRE) Further to the press release dated December 21, 2020, Next Hydrogen Corporation (“
Next Hydrogen” or the
Company ) and BioHep Technologies Ltd. (“
BioHep”), are pleased to announce that, further to their letter of intent dated December 21, 2020, Next Hydrogen and BioHep have entered into a definitive amalgamation agreement dated March 3, 2021 (the “
Amalgamation Agreement”), pursuant to which Next Hydrogen and a newly-formed subsidiary of BioHep will amalgamate to form a subsidiary of BioHep (“
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