DENVER, Colo., April 25, 2019- (24/7MarketNews via COMTEX) Venture Market News for April 25, 2019.
- CITIC Metal to invest an additional C$612 million (US$454 million) in Ivanhoe Mines at C$3.98 per share
Vancouver, BC, Canada —April 25, 2019- OTC Disclosure & News Service- This release includes additional documents. Select the link(s) below to view.
- MedMen Announces Opening of 11th Store in California with Second San Diego Location
MedMen Enterprises Inc. (“MedMen” or the “Company”) (CSE: MMEN) (OTCQX: MMNFF) (FSE: A2JM6N) is pleased to announce the opening of its Sorrento Valley store in San Diego, California. This is the second MedMen location in the San Diego area and the Company’s 11th operational MedMen location in California.
- Bombardier Provides Preliminary First Quarter 2019 Financial Results, Updates 2019 Guidance
- First Quarter 2019 Consolidated Performance(1)
- Revenues expected to be ~$3.5B; driven lower by timing of aircraft deliveries, slower project ramp up at Transportation, and unfavourable currency translation
- Adjusted EBITDA(2) and adjusted EBIT(2) expected to be ~$265M and ~$170M, respectively, due to lower revenues and revised cost estimates on Transportation projects
- Free cash flow usage(2) expected to be ~$1.0B, supporting working capital investments
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