GVIC COMMUNS CORP B NEW overview

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...

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...

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...

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-owned limited partnership of GVIC (the “Arrangement”),...

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...

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: Nominee Votes For Percent Votes Withheld Percent Jonathon J.L. Kennedy 3,596,187 99.99% 162 0% Bruce W. Aunger 3,596,293 99.99% 56 0% Richard C....

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...

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 $...