LONDON, UK / ACCESSWIRE / March 31, 2017 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Utilities – Independent Power Producers industry. Companies recently under review include TransAlta Renewables, Boralex, Northland Power, and Pattern Energy Group. Get all of our free research reports by signing up at:

http://www.activewallst.com/register/

At the close of the Canadian markets on Thursday, March 30, 2017, the Toronto Exchange Composite index ended the trading session at 15,578.76, 0.50% lower from its previous closing price.

The Utilities Index was also in the red, closing the day at 250.04, down 0.24%.

Active Wall St. has initiated research reports on the following equities: TransAlta Renewables Inc. (TSX: RNW), Boralex Inc. (TSX: BLX), Northland Power Inc. (TSX: NPI), and Pattern Energy Group Inc. (TSX: PEG). Register with us now for your free membership and research reports at:

http://www.activewallst.com/register/

TransAlta Renewables Inc.

Calgary, Canada headquartered TransAlta Renewables Inc.’s stock edged 0.36% lower, to finish Thursday’s session at $15.70 with a total volume of 130,112 shares traded. Over the last one month and the previous three months, TransAlta Renewables’ shares have advanced 5.94% and 9.48%, respectively. Furthermore, the stock has gained 23.62% in the past one year. Shares of the Company, which develops, owns, and operates renewable power generation facilities, are trading above its 50-day and 200-day moving averages. TransAlta Renewables’ 50-day moving average of $15.13 is above its 200-day moving average of $14.52. See our research report on RNW.TO at:

http://www.activewallst.com/register/

Boralex Inc.

On Thursday, shares in Kingsey Falls, Canada headquartered Boralex Inc. recorded a trading volume of 112,470 shares. The stock ended the day 0.69% lower at $21.48. Boralex’s stock has gained 2.87% in the last one month and 12.17% in the previous three months. Furthermore, the stock has gained 33.42% in the past one year. Shares of the Company, which together with its subsidiaries, develops, constructs, and operates renewable energy power facilities primarily in Canada, France, and the US, are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $20.58 is above its 200-day moving average of $18.94. The complimentary research report on BLX.TO at:

http://www.activewallst.com/register/

Northland Power Inc.

On Thursday, shares in Toronto, Canada headquartered Northland Power Inc. ended the session 0.32% lower at $24.67 with a total volume of 117,655 shares traded. Northland Power’s shares have advanced 0.12% in the last one month and 5.88% in the previous three months. Furthermore, the stock has gained 13.79% in the past one year. The stock is trading above its 50-day and 200-day moving averages. Additionally, the stock’s 50-day moving average of $24.51 is greater than its 200-day moving average of $23.52. Shares of Northland Power, which develops, builds, owns, and operates power generation projects primarily in Canada and Europe, are trading at a PE ratio of 38.67. Register for free and access the latest research report on NPI.TO at:

http://www.activewallst.com/register/

Pattern Energy Group Inc.

San Francisco, California headquartered Pattern Energy Group Inc.’s stock closed the day 0.49% lower at $26.64. The stock recorded a trading volume of 15,123 shares, which was above its three months average volume of 14,596 shares. Pattern Energy’s shares have advanced 4.96% in the last three months and 10.31% in the past one year. Shares of the Company, which operates as an independent power company that owns and operates power projects in the US, Canada, and Chile, are trading below their 50-day and 200-day moving averages. Moreover, the stock’s 200-day moving average of $27.35 is greater than its 50-day moving average of $26.92. Get free access to your research report on PEG.TO at:

http://www.activewallst.com/register/

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

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The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

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AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

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This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

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SOURCE: Active Wall Street

ReleaseID: 458629

AUSTIN, TX / ACCESSWIRE / March 31, 2017 / Darrow Associates, Inc., a national investor relations (IR) agency serving growing small-cap companies, today announced its successful participation in the 29th Annual ROTH Conference held in Laguna Niguel, California, from March 12-15, 2017. The growing IR firm assisted a record 16 clients in securing invitations to participate in the conference, considered to be among the most prominent and well attended events for small-cap publicly traded companies. Clients of Darrow Associates that participated in the ROTH conference operate in the technology, media and telecom (TMT), industrial, aerospace/defense, clean technology, medical technology, and consumer product industries.

Five senior level consultants from Darrow Associates were onsite to provide support to the firm’s clients at the conference. Darrow Associates representatives arrived from the firm’s three primary operating locations across the country, including Jim Fanucchi and Dave Allen from Silicon Valley, Peter Seltzberg from New York, and Matt Kreps and Jordan Darrow from Austin. The firm’s IR professionals at the conference and from field offices worked with the ROTH team to ensure maximum investor traffic for clients invited to present as well as in scheduling one-on-one meetings with institutional investors.

Darrow Associates Managing Director, Peter Seltzberg commented, “What sets Darrow Associates apart at ROTH conferences – and any of the investor conferences where our clients participate – is our ability to leverage our relationships with the event hosts on the banking and sell-side and the buy-side to maximize the experience for our clients, conference attendees and the host firm. This effort is an extension of the preliminary and ongoing outreach activities we perform on behalf of our clients.”

“The Darrow team was instrumental in partnering with ROTH to build one of the busiest meeting schedules we have ever had at any conference. In addition to the many one-on-one meetings, the turnout for our presentation was substantially higher than in prior years and we met with several new potential investors through Darrow’s targeting efforts,” said Elias Nader, Chief Financial Officer and Corporate Secretary of Sigma Designs, Inc. (NASDAQ: SIGM).

“Our position as a leading investor relations agency with a commitment to the highest standards of personalized client service is evident in our success at the 2017 ROTH Conference,” said Jordan Darrow of Darrow Associates. “Based on our broad knowledge of several sectors of the growth economy and the intimate understanding of our clients’ businesses, we were able to work with the ROTH team to generate over 200 one-on-one investor meetings during the span of the conference, with an average of 15 meetings per client in addition to widely attended group presentations. These results demonstrate the great value we deliver to our clients as we help raise their profile within the investment community while maximizing the time invested by our clients in their investor relations initiatives.”

Mr. Darrow relocated last year from New York to Austin to expand the firm’s operating footprint with a presence in the middle of the country and in a region benefiting from significant growth in the technology sector. Since that time, Darrow Associates has added to its professional staff, attracted new clients from the region and expanded its reach into the local investment community.

About Darrow Associates, Inc.

Darrow Associates is an investor relations and financial communications firm with offices in New York, Austin, and Silicon Valley. The Darrow Associates team of professionals brings nearly 200 years of combined investor relations and Wall Street experience across a range of market sectors and market-caps to its client base. Darrow Associates’ professionals have significant experience in partnering with public and pre-IPO companies in the technology, media and telecommunications (TMT), business services, alternative energy, clean technology, healthcare, financial services, industrial, and aerospace and defense industries. Additional information is available at www.darrowir.com.

Contact:

Jordan Darrow
Darrow Associates, Inc.
631-367-1866
jdarrow@darrowir.com

SOURCE: Darrow Associates, Inc.

ReleaseID: 458655

BOCA RATON, FL / ACCESSWIRE / March 31, 2017 / Vycor Medical, Inc. (“Vycor”) (OTCQB: VYCO), a provider of innovative and superior surgical and therapeutic solutions, reported financial results for the year ended December 31, 2016.

Vycor’s revenues for the year ended December 31, 2016 were $1,452,000 compared to $1,139,000 for 2015. Operating Loss was $1,591,000, compared to $1,991,000 for the same period in 2015, a reduction of 20%, and Cash Operating Loss1 was $594,000, as compared to $1,348,000, a reduction of 56%.

Highlights

Vycor’s VBAS sales grew by 42% in 2016 compared to 2015, with growth being experienced in both the US and international markets. The significant body of clinical data now built up evidencing the clinical superiority of VBAS, with 9 papers being published or presented during 2015 and 2016 alone, is now starting to flow through to increased adoption and revenues.
In particular a new clinical study was published during 2016 in the Journal of Neurosurgery by surgeons at the Ohio State University Wexner Medical Center Department of Neurological Surgery. This study provided very detailed information on the use of VBAS in surgery, and highlighted the clinical benefits it brings to surgeons. A study published in World Neurosurgery by surgeons at the University of Messina, Italy demonstrated the usefulness of VBAS in conjunction with endoscopic surgery for intracerebral hemorrhage (ICH) procedures, a large market segment.
Vycor continues to build on its patent portfolio and has filed an additional five new patents for VBAS-related technologies during 2016, and on the grant of a European patent filed 4 national patents. Vycor now has 16 granted/issued and 15 pending patents for VBAS technologies.
NovaVision generated an increase in new patient starts of 32% in 2016 over 2015.
We have now substantially broadened the delivery and licensing model for the NovaVision Center Model, comprising a vision diagnostics program and the NeuroEyeCoach training program, in response to feedback from clinics. We are now able to offer hardware and digital software solutions with a range of licensing options to rehabilitation centers, clinics and other healthcare professionals.
In September 2016 a rigorous peer reviewed clinical study on NeuroEyeCoach therapy was published in BioMed Research International. The study concluded “NeuroEyeCoach can be used as an effective rehabilitation tool to develop compensatory strategies in patients with visual field deficits after brain injury” and that NeuroEyeCoach can be viewed as being the first evidence-based, vision-specific, clinical gold standard registered medical device accessible to patients at home or in clinical settings. This study generated considerable attention in both the popular and professional press, and is an important validation of the efficacy of NovaVision’s therapies.

Management Commentary

“Vycor’s results for 2016 as a whole demonstrate the continued realization of Vycor’s strategy to grow our two businesses while maintaining our low cost base, with the objective of continuing to decrease our Cash Operating Loss2, which reduced to $89,000 for the fourth quarter compared to $247,000 for the same period in 2015; and to $594,000 for the whole of 2016 compared to $1,591,000 in 2015,” said Peter Zachariou, CEO of Vycor Medical.

“The Vycor division’s sales growth of 42% for the year demonstrates the benefit of the clinical data flowing through to increased adoption, delivered by a marketing and distribution network which we continue to strengthen.”

Year ended December 31, 2016 Financial Results

Revenue totaled $1,452,000 in the year ended December 31, 2016, as compared to $1,139,000 for the prior year, an increase of 28%. Vycor Medical’s revenue in the period increased by $375,000 to $1,261,000, reflecting increased sales in the US and internationally, with gross margin of 87% versus 86% for the same period in 2015. NovaVision new VRT/Suite patient starts for the year ended increased by 32% over the same period in 2015. Gross margin was 91% versus 78% for the same period in 2015, reflecting the lower costs of the Internet-delivered model.

Operating Expenses in the year ended December 31, 2016 totaled $2,859,000 as compared to $2,966,000 in the prior year period, a reduction of 4%, and Cash Operating Expenses3 were $1,862,000 as compared to $2,322,000, a reduction of 20%. Operating Loss was $1,591,000, compared to $1,991,000 for the same period in 2015, a reduction of 20%, and Cash Operating Loss4 was $594,000, as compared to $1,348,000, a reduction of 56%.

During the three months ended December 31, 2016 Operating Loss was $470,000, compared to $416,000 for the same period in 2015, however Cash Operating Loss4 was $89,000, as compared to $248,000, a reduction of 64%.

Net Loss for the year ended December 31, 2016 was $1,652,000 as compared to $2,083,000 in 2015.

In January and February 2017 Vycor raised a total of $1,275,000 through a Private Placement of Common Stock and warrants convertible into Common Stock only from its existing shareholders.

About Vycor Medical, Inc.

Vycor Medical (OTCQB: VYCO) is dedicated to providing the medical community with innovative and superior surgical and therapeutic solutions. The company has a portfolio of FDA cleared medical solutions that are changing and improving lives every day. The company operates two business units: Vycor Medical and NovaVision, both of which adopt a minimally or non-invasive approach.

For the latest information on the company, including media and other coverage, and to learn more, please go online at www.vycormedical.com, www.vycorvbas.com or www.novavision.com.

Non-GAAP Measures

We make reference to non-GAAP financial information in this press release together with a reconciliation of these non-GAAP financial measures to the comparable GAAP financial measures. Specifically, we have provided non-GAAP Cash Operating Expenses and non-GAAP Cash Operating Loss measures that exclude Depreciation, Amortization and non-cash Stock Compensation.

We believe that these non-GAAP financial measures provide investors with insight into what is used by management to conduct a more meaningful and consistent comparison of our ongoing operating results and trends, compared with historical results. This presentation is also consistent with the measures management uses to measure the performance of ongoing operating results against prior periods and against our internally developed targets. There are limitations in using these non-GAAP financial measures because they are not prepared in accordance with GAAP and may be different from non-GAAP financial measures used by other companies. These non-GAAP financial measures should not be considered in isolation or as a substitute for GAAP financial measures. Investors and potential investors should consider non-GAAP financial measures only in conjunction with the Company’s consolidated financial statements prepared in accordance with GAAP and the reconciliation of non-GAAP financial measures in this press release.

Safe Harbor Statement

Information in this document constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “forecast,” “anticipate,” “estimate,” “project,” “intend,” “expect,” “should,” “believe,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause Vycor Medical’s actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in Vycor Medical’s filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Vycor Medical herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Vycor Medical disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.

1Operating Loss before Depreciation, Amortization and non-cash Stock Compensation. See Reconciliation table.
2Operating Loss before Depreciation, Amortization and non-cash Stock Compensation. See Reconciliation table.
3Operating Expenses before Depreciation, Amortization and non-cash Stock Compensation. See Reconciliation table.
4Operating Loss before Depreciation, Amortization and non-cash Stock Compensation. See Reconciliation table.

VYCOR MEDICAL, INC.
Consolidated Statements of Comprehensive Loss

For the Twelve months ended December 31,

2016

2015

Revenue

$
1,452,714

$
1,138,634

Cost of Goods Sold

184,685

164,118

Gross Profit

1,268,029

974,516

Operating expenses:

Research and development

4,739

71,512

Depreciation and Amortization

257,582

360,334

General and administrative

2,597,086

2,533,684

Total Operating expenses

2,859,407

2,965,530

Operating loss

(1,591,378
)

(1,991,014
)

Other income (expense)

Interest expense: Other

(48,885
)

(47,710
)

Interest expense: Related Party

(12,161
)

–

Gain (loss) on foreign currency exchange

144

(63,711
)

Change in fair value derivative liability

–

19,792

Total Other Income (expense)

(60,902
)

(91,629
)

Loss Before Credit for Income Taxes

(1,652,280
)

(2,082,643
)

Credit for income taxes

–

–

Net Loss

(1,652,280
)

(2,082,643
)

Preferred stock dividends

(179,727
)

(167,777
)

Net Loss available to common shareholders

(1,832,007
)

(2,250,420
)

Comprehensive Loss

Foreign Currency Translation Adjustment

1,989

(64,959
)

Comprehensive Loss

(1,650,290
)

(2,147,602
)

Net Loss Per Share

Basic and diluted

$
(0.15
)

$
(0.20
)

Weighted Average Number of Shares Outstanding – Basic and Diluted

11,066,217

10,839,335

Reconciliation of Non GAAP Cash Operating Expenses and Non GAAP Cash Operating Loss Before Depreciation, Amortization and Other Non-Cash Items

For the three months ended December 31,

For the twelve months ended December 31,

2016

2015

2016

2015

GAAP Operating Expenses

$
(785,479
)

$
(644,686
)

$
(2,859,407
)

$
(2,965,530
)

Non-cash depreciation

47,693

68,577

178,339

269,672

Non-cash amortization of intangible assets

26,411

39,152

89,157

99,291

Non-cash stock-based compensation

306,940

59,894

729,609

274,502

Non GAAP Cash Operating Expenses

$
(404,435
)

$
(477,063
)

$
(1,862,303
)

$
(2,322,065
)

GAAP Operating Loss

$
(469,878
)

$
(415,675
)

$
(1,591,378
)

$
(1,991,014
)

Non-cash depreciation

47,693

68,577

178,339

269,672

Non-cash amortization of intangible assets

26,411

39,152

89,157

99,291

Non-cash stock-based compensation

306,940

59,894

729,609

274,502

Non GAAP Cash Operating Loss Before Depreciation And Amortization

$
(88,834
)

$
(248,052
)

$
(594,273
)

$
(1,347,549
)

Vycor Medical, Inc. Contacts:

6401 Congress Avenue
Suite 140
Boca Raton, FL. 33487
(561) 558-2020
info@vycormedical.com

SOURCE: Vycor Medical, Inc.

ReleaseID: 458607

The Two New Plays Focus on the Lives of ‘Misfits’ who are Trying to Create a World in Which they Can Express Themselves

LOS ANGELES, CA / ACCESSWIRE / March 31, 2017 / Kevin Michael Reed, a Producer who has worked on a number of film and theatrical projects, is pleased to announce his goals to bring ‘Kids Play’ and ’13 & Not Pregnant’ to Ed Fringe. The Edinburgh Fringe Festival 2017 gives artists a place to grow and new shows the opportunity to figuratively get their legs.

To watch a short video about Kids Play and 13 & Not Pregnant and learn more about what will make these performances special for both the actors and audiences alike, please check out https://goo.gl/k5YqlP at any time.

As a spokesperson for the two plays noted, the new theatrical works both feature strong ensembles and will evaluate the universal themes of youth, gender expectations, misogyny and the human experience in America. The plays, which have a strong influence on the female perspective, both focus on the lives of “misfits” who strive to live in a world where they can gain acceptance and be themselves.

“Set against a backdrop of small-town gossip amplified by social media, limitless shame, and the hell-fire of the confession booth, Kids Play is a darkly funny account of the pressures to be both normal and exceptional in a world hostile to misfit girls and queer kids, when nothing is quite so momentous as friendship, nor so utterly monstrous as ourselves,” the spokesperson said, adding that the play was written by Reese Thompson.

“13 & Not Pregnant introduces the aggressively hormonal writings of 90’s pre-teen Joy Donze, as she navigates her erratically evolving girlhood. The play is a comedic exploration of that pivotal time when we search within our tormented selves and dare to ask ‘who am I?'”

In order to help pay for the travel costs associated with bringing both casts to Edinburgh, as well as cover production, press and marketing and other related costs, Reed recently launched a fundraiser on Indiegogo. There, he hopes to raise $35,000 through crowdfunding and help bring Thompson’s and Donze’s poignant works to the Edinburgh stage.

About Kids Play and 13 & Not Pregnant:

Kids Play and 13 & Not Pregnant are two new works that focus on the lives of “misfits” who are trying to create a world where they can gain acceptance. Producer Kevin Michael Reed is trying to bring both of the plays to the Edinburgh Fringe Festival 2017. For more information, please visit https://goo.gl/k5YqlP.

Contact:

Nicholas Waters
admin@rocketfactor.com
(949) 555-2861

SOURCE: Kids Play and 13 & Not Pregnant

ReleaseID: 458658

LONDON, UK / ACCESSWIRE / March 31, 2017 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Banking industry. Companies recently under review include Bank of Montreal, Street Capital Group, Canadian Western Bank, and Canadian Imperial Bank Of Commerce. Get all of our free research reports by signing up at:

http://www.activewallst.com/register/

On Thursday, March 30, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 15,578.76, 0.50% lower, with a total volume of 307,127,177 shares.

Additionally, the Financials index was slightly down by 0.25%, ending the session at 290.99.

Active Wall St. has initiated research reports on the following equities: Bank of Montreal (TSX: BMO), Street Capital Group Inc. (TSX: SCB), Canadian Western Bank (TSX: CWB), and Canadian Imperial Bank of Commerce (TSX: CM). Register with us now for your free membership and research reports at:

http://www.activewallst.com/register/

Bank of Montreal

Montreal, Canada headquartered Bank of Montreal’s stock edged 0.20% lower, to finish Thursday’s session at $99.84 with a total volume of 645,234 shares traded. Over the last three months and the previous one year, Bank of Montreal’s shares have gained 3.39% and 26.59%, respectively. The Company’s shares are trading above its 200-day moving average. Bank of Montreal’s 50-day moving average of $101.03 is above its 200-day moving average of $93.45. Shares of the Company, which provides diversified financial services primarily in North America, are trading at a PE ratio of 13.20. See our research report on BMO.TO at:

http://www.activewallst.com/register/

Street Capital Group Inc.

On Thursday, shares in Toronto, Canada headquartered Street Capital Group Inc. recorded a trading volume of 28,850 shares. The stock ended the day 2.00% higher at $1.53. Street Capital’s stock has gained 19.53% in the past one year. The Company’s shares are trading below its 50-day of $1.70. Shares of the Company, which through its subsidiaries, primarily engages in the mortgage lending business in Canada, are trading at PE ratio of 11.77. The complimentary research report on SCB.TO at:

http://www.activewallst.com/register/

Canadian Western Bank

On Thursday, shares in Edmonton, Canada headquartered Canadian Western Bank ended the session 0.31% higher at $29.56 with a total volume of 291,468 shares traded. Canadian Western Bank’s shares have gained 24.10% in the past one year. The stock is trading above its 200-day moving average. Furthermore, the stock’s 50-day moving average of $29.98 is greater than its 200-day moving average of $28.48. Shares of Canadian Western Bank, which provides various personal and business banking products and services primarily in Western Canada, are trading at a PE ratio of 14.43. Register for free and access the latest research report on CWB.TO at:

http://www.activewallst.com/register/

Canadian Imperial Bank Of Commerce

Toronto, Canada headquartered Canadian Imperial Bank of Commerce’s stock closed the day 2.92% lower at $113.78. The stock recorded a trading volume of 4.75 million shares, which was above its three months average volume of 1.22 million shares. Canadian Imperial Bank of Commerce’s shares have gained 3.85% in the last three months and 16.63% in the past one year. The Company’s shares are trading above their 200-day moving average. Moreover, the stock’s 50-day moving average of $117.53 is greater than its 200-day moving average of $108.85. Shares of the Company, which provides various financial products and services to individual, small business, commercial, corporate, and institutional clients in Canada and internationally, are trading at a PE ratio of 9.66. Get free access to your research report on CM.TO at:

http://www.activewallst.com/register/

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 458628

LONDON, UK / ACCESSWIRE / March 31, 2017 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Metals & Mining industry. Companies recently under review include Yorbeau Resources, MAG Silver, Nevsun Resources, and GoGold Resources. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

At the closing bell on Thursday, March 30, 2017, the Toronto Exchange Composite index edged 0.50% lower to finish the trading session at 15,578.76 with a total volume of 307,127,177 shares exchanging hands for the day.

Active Wall St. has initiated research reports on the following equities: Yorbeau Resources Inc. (TSX: YRB-A), MAG Silver Corporation (TSX: MAG), Nevsun Resources Ltd. (TSX: NSU), and GoGold Resources Inc. (TSX: GGD). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

Yorbeau Resources Inc. (TSX: YRB-A)

Montréal, Canada headquartered Yorbeau Resources’ stock finished Thursday’s session flat at $0.08 with a total volume of 161,000 shares traded. Shares of the Company, which engages in the acquisition, exploration, and development of mineral properties in Canada, are trading below its 200-day moving average. Yorbeau Resources’ 200-day moving average of $0.10 is above its 50-day moving average of $0.08. See our research report on YRB-A.TO at: http://www.activewallst.com/register/.

MAG Silver Corp. (TSX: MAG)

On Thursday, shares in Vancouver, Canada headquartered MAG Silver Corp. recorded a trading volume of 128,490 shares. The stock ended the day 2.19% lower at $17.87. MAG Silver’s stock has surged 20.91% in the last three months and 44.93% in the previous one year. Shares of the Company, which focuses on acquiring, exploring, and development of district scale projects located primarily in the Mexican Silver Belt, are trading below its 50-day and 200-day moving averages. The stock’s 50-day moving average of $19.52 is above its 200-day moving average of $18.28. The complimentary research report on MAG.TO at: http://www.activewallst.com/register/.

Nevsun Resources Ltd. (TSX: NSU)

On Thursday, shares in Vancouver, Canada headquartered Nevsun Resources Ltd ended the session 0.60% lower at $3.33 with a total volume of 326,068 shares traded. The stock is trading below its 50-day and 200-day moving averages. Further, the stock’s 200-day moving average of $3.97 is greater than its 50-day moving average of $3.55. Shares of Nevsun Resources, which engages in the acquisition, exploration, development, and operation of mineral properties in Africa, are trading at a PE ratio of 83.25. Register for free and access the latest research report on NSU.TO at: http://www.activewallst.com/register/.

GoGold Resources Inc. (TSX: GGD)

Halifax, Canada headquartered GoGold Resources Inc.’s stock closed the day 1.39% lower at $0.71. The stock recorded a trading volume of 71,980 shares. GoGold Resources’ shares have gained 31.48% in the previous three months. Shares of the Company, which engages in the acquisition, exploration, and development of mineral properties primarily in Mexico, are trading below their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $0.78 is greater than its 200-day moving average of $0.72. Get free access to your research report on GGD.TO at: http://www.activewallst.com/register/.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 458630

The Innovative Sleepwear Will Help Moms-to-Be Have Great and Comfortable Nights of Sleep

LOS ANGELES, CA / ACCESSWIRE / March 31, 2017 / Michael Bastarache, the Founder and President of Maternity Dream Sleepwear, is pleased to announce the upcoming launch of the Maternity Dream Sleepwear for a perfect night’s sleep.

To watch a short video that shows the innovative maternity sleepwear in action as well as learn more about how and why it works, please check out https://goo.gl/LDouSV at any time.

As Bastarache noted, he was inspired to create the Maternity Dream Sleepwear after hearing his wife voice her issues with the traditional C-shaped maternity pillow she was using during her second pregnancy.

“I understand this is an issue that mothers-to-be have struggled with for a long time,” he said, adding that listening to his wife inspired him to have a “light bulb” moment that led to creating the new sleepwear.

“Being a parent myself, I know that I wanted to do absolutely everything I could to help my wife and baby and that any time spent adjusting traditional maternity pillows is time lost at restful sleep.”

Bastarache knew that the key to the perfect supportive design would be to modify the shape of the wedge pillow so that it would contour on the inside to perfectly fit the curvature of the growing belly going down to the waist.

The proprietary foam panels Bastarache developed are slightly smaller and slightly more firm than the average wedge pillow. They come with a maternity yoga top, with large oversized pockets to hold the panels in place; this means there is very little adjustment required, it takes up less space and it generates less heat than those large, oversized maternity pillows.

In order to help pay for some of the production costs associated with creating 2,000 yoga tops, four sets of foam casting tools, 2,000 sets of foam panels, shipping costs and more, Bastarache recently launched a fundraiser on Indiegogo. There, he hopes to raise $100,000 and help as many expectant moms as possible to get restful nights of sleep. Those who make a minimum donation of $67 USD to the campaign will receive a discounted price on the sleepwear.

About Maternity Dream Sleepwear:

Maternity Dream Sleepwear features proprietary foam panels that fit inside a maternity yoga top with large oversized pockets. The innovative and comfortable new sleepwear will help mothers-to-be and their unborn babies get the great sleep they need and deserve. For more information, please visit https://goo.gl/LDouSV.

Contact:

Diana Roberson
admin@rocketfactor.com
(949) 555-2861

SOURCE: Maternity Dream Sleepwear

ReleaseID: 458657

LONDON, UK / ACCESSWIRE / March 31, 2017 / Active Wall St. blog coverage looks at the headline from ConocoPhillips (NYSE: COP) and Cenovus Energy Inc. (NYSE: CVE). ConocoPhillips announced on March 29, 2017, that it has signed a definitive agreement with Calgary-based Cenovus Energy to sell a significant portion of its Canadian assets for approximately $13.3 billion. Under the terms of the agreement, ConocoPhillips will sell its 50% non-operated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, and majority of its western Canada Deep Basin gas assets. Register with us now for your free membership and blog access at:

http://www.activewallst.com/register/

Today, AWS is promoting its blog coverage on COP and CVE. Get all of our free blog coverage and more by clicking on the link below:

http://www.activewallst.com/register/

Breaking down the Agreement

The assets being sold have estimated full-year FY17 production of 280 thousand barrels of oil equivalent per day after net royalty (NAR), comprising of approximately two-thirds of liquids and one-third of gas. Additionally, the full-year estimated production and operating expenses associated with the assets being sold is $0.4 billion. The previously stated estimate of the cash provided by operating activities of $6.5 billion, or $50 per barrel, remained unchanged. The year-end FY16 reserves associated with the asset dispositions were 1.3 billion barrels of oil equivalent NAR.

The net proceeds from the transaction are $13.3 billion, including a $10.6 billion of cash payment, payable at closing, and 208 million Cenovus’ shares, valued at $2.7 billion as on March 28, 2017. Additionally, ConocoPhillips will receive five years of uncapped contingent payments, triggered when Canada Select crude prices exceed $52 Canadian dollar per barrel.

Strategic Output for ConocoPhillips

ConocoPhillips intends to use the cash portion of the transaction proceeds to reduce debt to $20 billion in 2017 and increase the level and pace of share repurchases. The Company intends to triple its planned FY17 buybacks from $1 billion to $3 billion, where the remaining $3 billion is allocated to FY18 and FY19. This agreement is set to double existing share repurchase authorization to $6 billion enabling the Company to accelerate value proposition.

This deal enables ConocoPhillips to reduce both its debt and exposure to the higher-cost Canadian oil sands. While Canada’s oil sands hold the third-largest crude reserves in the world, it also carries some of the highest operational costs globally. ConocoPhillips will retain 50% interest in the Surmont oil sands joint venture and all of its operated Blueberry-Montney formation unconventional acreage.

Cenovus Growth Prospects

This transaction enables Cenovus to acquire full control of some Western Canadian Oil Sands assets and adds another three million net acres to its net natural-gas rich Deep Basin portfolio. The acquisitions will double the Company’s production to 588,000 Boe/d. Cenovus views this transaction as a step to double its scale and deliver a greater competitive edge. Post the completion of this transaction, Cenovus plans to focus capital investments on these two platforms which offer multiple growth opportunities for the following decade.

ConocoPhillips Disposition Program

ConocoPhillips has been executing a definitive asset disposition strategy to pay off its debt and initiate share repurchases and general corporate purposes. In FY16, the Company generated approximately $1.3 billion of proceeds from asset dispositions according to the update released on December 14, 2016. The FY16 production associated with the assets sold was 27 thousand Boe/d, where the proceeds from the transaction enabled the Company to pay down $1.25 billion of debt in October 2016.

The assets being sold under this current agreement with Cenovus had a net book value of about $10.9 billion, as of December 31, 2016. The Company expects to record a gain on sale upon closing, anticipated in Q2 FY17. Additionally, ConocoPhillips expects to recognize a financial tax accounting benefit of about $1 billion in Q1 FY17, resulting from the capital gain component of the transaction and recognition of previously unrealizable tax basis.

Stock Performance

At the closing bell, on Thursday, March 30, 2017, ConocoPhillips’ stock jumped 8.81%, ending the trading session at $50.00. A total volume of 40.03 million shares were traded at the end of the day, which was higher than the 3-month average volume of 6.94 million shares. In the last six months and previous twelve months, shares of the Company have rallied 19.86% and 27.02%, respectively. The stock currently has a market cap of $62.32 billion and has a dividend yield of 2.12%.

At the close of trading session on Thursday, March 30, 2017, Cenovus Energy’s stock price tumbled 13.69% to end the day at $11.29. A total volume of 45.04 million shares were exchanged during the session, which was above the 3-month average volume of 1.99 million shares. At Thursday’s closing price, the stock’s net capitalization stands at $9.41 billion. The dividend yield for the stock was 1.33%.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 458624

LONDON, UK / ACCESSWIRE / March 31, 2017 / Active Wall St. announces the list of stocks for today’s research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Communication Services industry. Companies recently under review include BCE Inc., Cogeco Communications, Shaw Communications, and TELUS Corp. Get all of our free research reports by signing up at: http://www.activewallst.com/register/.

On Thursday, March 30, 2017, the Toronto Exchange Composite Index was down 0.50%, finishing the day at 15,578.76.

Active Wall St. has initiated research reports on the following equities: BCE Inc. (TSX: BCE), Cogeco Communications Inc. (TSX: CCA), Shaw Communications Inc. (TSX: SJR-B), and TELUS Corporation (TSX: T). Register with us now for your free membership and research reports at: http://www.activewallst.com/register/.

BCE Inc. (TSX: BCE)

Verdun, Canada headquartered BCE Inc.’s stock edged 0.24% lower, to finish Thursday’s session at $58.77 with a total volume of 1.09 million shares traded. Over the last one month and the previous three months, BCE’s shares have advanced 1.36% and 1.28%, respectively. The Company’s shares are trading above its 50-day moving average. BCE’s 200-day moving average of $58.80 is above its 50-day moving average of $58.28. Shares of the Company, which provides wireless, wireline, Internet, and television services to residential, business, and wholesale customers in Canada, are trading at a PE ratio of 17.65. See our research report on BCE.TO at: http://www.activewallst.com/register/.

Cogeco Communications Inc. (TSX: CCA)

On Thursday, shares in Montreal, Canada headquartered Cogeco Communications Inc. recorded a trading volume of 19,611 shares. The stock ended the day 0.67% lower at $70.18. Cogeco Communications’ stock has advanced 5.95% in the last three months and 1.64% in the previous one year. Shares of the Company, which operates as a communications corporation in North America, are trading above its 200-day moving average. The stock’s 50-day moving average of $71.66 is above its 200-day moving average of $66.94. The complimentary research report on CCA.TO at: http://www.activewallst.com/register/.

Shaw Communications Inc. (TSX: SJR-B)

On Thursday, shares in Calgary, Canada-based Shaw Communications Inc. ended the session 0.11% lower at $27.65 with a total volume of 466,763 shares traded. Shaw Communications’ shares have advanced 2.64% in the last three months and 9.77% in the previous one year. The stock is trading above its 200-day moving average. Furthermore, the stock’s 50-day moving average of $27.75 is greater than its 200-day moving average of $27.04. Shares of Shaw Communications, which operates as a diversified communications company in Canada and the US, are trading at a PE ratio of 12.27. Register for free and access the latest research report on SJR-B.TO at: http://www.activewallst.com/register/.

TELUS Corp. (TSX: T)

Vancouver, Canada-based TELUS Corp.’s stock closed the day 0.02% higher at $43.15. The stock recorded a trading volume of 459,509 shares. TELUS’ shares have advanced 0.30% in the last one month and 0.94% in the past three months. Furthermore, the stock has gained 2.42% in the previous one year. The Company’s shares are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $43.13 is greater than its 200-day moving average of $42.92. Shares of the Company, which together with its subsidiaries, provides a range of telecommunications products and services in Canada, are trading at a PE ratio of 20.95. Get free access to your research report on T.TO at: http://www.activewallst.com/register/.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst, for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you’re a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:

Email: info@activewallst.com

Phone number: 1-858-257-3144

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 458632

Upcoming AWS Coverage on Hecla Mining Post-Earnings Results

LONDON, UK / ACCESSWIRE / March 31, 2017 / Active Wall St. announces its post-earnings coverage on Silver Wheaton Corp. (NYSE: SLW). The Company reported its fourth quarter fiscal 2016 (Q4 FY16) and full year fiscal 2016 (FY16) earnings on March 21, 2017. The Vancouver, Canada-based Company reported a year-over-year growth in its quarterly sales and adjusted diluted EPS, outperforming market consensus estimates. Register with us now for your free membership at:

http://www.activewallst.com/register/

One of Silver Wheaton’s competitors within the Silver space, Hecla Mining Co. (NYSE: HL), reported on February 23, 2017, its fourth quarter and year end 2016 financial and operating results. AWS will be initiating a research report on Hecla Mining in the coming days.

Today, AWS is promoting its earnings coverage on SLW; touching on HL. Get our free coverage by signing up to

http://www.activewallst.com/register/

Earnings Reviewed

During the Q4 FY16, Silver Wheaton reported total sales of $258.49 million, rising 29% from $200.50 million in Q4 FY15. Total sales number for Q4 FY16 topped market expectations of $252.9 million. Additionally, the Company’s gross margin increased to $93.31 million in Q4 FY16 from $71.29 million in the last year’s comparable quarter.

The precious metals streaming Company reported net earnings of $10.87 million in Q4 FY16, versus net loss of $169.26 million in the prior year’s quarter. The Company’s adjusted earnings for Q4 FY16 came in at $81.87 million, or $0.19 per diluted share, compared to $57.41 million, or $0.14 per diluted share in Q4 FY15. Meanwhile, Wall Street had expected the Company to report adjusted earnings of $0.17 per diluted share.

In FY16, Silver Wheaton’s total sales surged 37% during FY16 to a record $891.56 million from $648.69 million in FY15. The Company attributed the annual sales growth to 63% y-o-y and 7% y-o-y rise in number of gold and silver ounces sold, respectively, along with 8% growth in average realized price in both the precious metals.

The Company’s net earnings for FY16 were $195.14 million, or $0.45 per diluted share, compared to a net loss of $162.04 million, or $0.41 loss per diluted share, in FY15. Moreover, the Company’s adjusted earnings increased to $266.14 million, or $0.62 per diluted share, during FY16 from $210.36 million, or $0.53 per diluted share, in FY15.

Segment

The Company’s silver production volume during Q4 FY16 was 7.59 million ounces compared with 10.28 million ounces in Q4 FY15. In the reported quarter, total silver sales volume was 7.51 million ounces compared to 8.75 million ounces in Q4 FY15. Average silver released price in Q4 FY16 was $16.95 per ounce versus $14.75 per ounce in the prior year’s same quarter. Total silver sales for Q4 FY16 stood at $127.21 million compared to $129.09 million in Q4 FY15. Furthermore, the Company reported gross margin and net earnings of $53.23 million, each, in the silver segment during Q4 FY16 compared to gross margin and net loss of $57.03 million $73.26 million, respectively, in the previous year’s comparable quarter.

In Q4 FY16, Gold production volume surged 48% to 107,332 ounces from 72,366 ounces in the year ago same quarter. Gold sales volume increased to 108,931 ounces in Q4 FY16 from 64,899 ounces in the prior year’s corresponding quarter. In Q4 FY16, average gold realized price was $1,205 per ounce compared to $1,100 per ounce in Q4 FY15. Gold sales contributed $131.28 million to the Company’s total sales in Q4 FY16 compared to $71.41 million in Q4 FY15. In the reported quarter, gold gross margin was $40.09 million, while there was a segment net loss of $30.92 million. This compared to gross margin of $71.29 million and net loss of $159.61 million in Q4 FY15.

Cash Flow and Balance Sheet

In the three months ended December 31, 2016, net cash generated by operating activities rose to $174.70 million from $133.39 million in Q4 FY15. As on December 31, 2016, cash and cash equivalents balance stood at $124.30 million compared to $103.30 million as on December 31, 2015. Furthermore, the Company’s bank debt outstanding as on December 31, 2016, was $1.19 billion compared to $1.47 billion as on December 31, 2015.

Proposed Change in Name

In its earnings press release, the Company announced that its Board of Directors has recommended changing the Company’s name to Wheaton Precious Metals Corp., to better align with the corporate identity with the Company’s diverse portfolio of both silver and gold assets. Moreover, the Company plans to seek shareholders’ approval for the proposed name change at its annual shareholder meeting in May 2017.

Earnings Outlook

In its guidance for full year FY17, Silver Wheaton anticipates silver production to be 28 million ounces, while gold production is anticipated at 340,000 ounces.

Dividends and Share Repurchases

In a separate press release on March 21, 2017, Silver Wheaton Board of Directors hiked the first quarterly cash dividend by 17%, or $0.01 per share, to $0.07 per share. The dividend will be payable on April 21, 2017, to the holders of Silver Wheaton’s common shares as of the close on April 05, 2017.

Stock Performance

Silver Wheaton’s share price finished yesterday’s trading session at $20.31, marginally down 0.93%. A total volume of 2.58 million shares exchanged hands. The stock has surged 9.90% and 23.42% in the last three months and past twelve months, respectively. Furthermore, since the start of the year, shares of the Company have gained 5.12%. The stock is trading at a PE ratio of 44.93 and has a dividend yield of 1.38%. Additionally, the stock currently has a market cap of $9.00 billion.

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

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