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Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

Park Lawn Corp. (PLC-T) reported second-quarter revenue of $58.6-million up from $40.3-million a year earlier and below expectations of $59.4-million. Net earnings came in at $1.4-million or 5 cents per share versus a loss of $435,849 or 2 cents a year ago. Analysts were expecting earnings of 17 cents per share.

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Crombie Real Estate Investment Trust (CRR.UN-T) announced a $200-million offering of Series F senior unsecured notes maturing Aug. 26, 2026 with an interest at a rate of 3.7 per cent per year.

"The Series F Notes will be sold in Canada on a private placement basis pursuant to certain prospectus exemptions," the company stated.

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Senvest Capital Inc. (SEC-T) reported a net loss attributable to common shareholders of $56.6-million or $21.04 per share for the three months ended June 30, compared to net income attributable to common shareholders of $19.3-million or $7.10 per share for the same period in 2018.

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Kalloghlian Professional Corp. (KPC) announced a proposed class action has been commenced against CannTrust Holdings Inc. (TRST-T) “certain of its current and former directors and officers, its auditor, and certain underwriters and selling shareholders involved in CannTrust’s May 2019 primary market share offering.”

KPC stated that it will be working together with A. Dimitri Lascaris Law Professional Corp. as co-counsel in this action. The action alleges that between October 1, 2018 and July 23, 2019, “CannTrust failed to disclose material information and made misrepresentations in its public disclosures about, among other things, the compliance of its facilities with applicable laws and regulations. The action alleges that when the falsity of the information was revealed, the price of CannTrust’s securities dropped significantly, causing damage to the class members,” according to a release. It also said the plaintiffs “seek compensation and/or damages for the Class Members for misrepresentation, negligence, conspiracy and oppression.”

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Village Farms International, Inc. (VFF-T) reported second-quarter consolidated sales of US$53.5-million up from US$42-million a year ago and below expectations of $55.6-million. Net income was US$9.9-million or 20 cents US per share versus a loss of US$2.3-million or 5 cents US a year ago.

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Prometic Life Sciences Inc. (PLIT-T) reported total revenues of $8.8-million in the second quarter compared to $20.2-million a year ago. The company incurred a net loss of $133.7-million compared to a net loss of $33.1-million for the same period in 2018.

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Hardwoods Distribution Inc. (HDI-T) said sales increased 2.1 per cent to $304.5-million in the second quarter versus $298.2-million a year earlier. Analysts were expecting revenue of $308.3-million. Profit came in at $8.2-million or 38 cents per share versus $9.8-million or 45 cents a year earlier.

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The Supreme Cannabis Company, Inc. (FIRE-T) announced that it anticipates revenue from the fourth quarter will be approximately $19-million net of excise tax, which would be an increase from $3.6-million a year ago. Analysts were expecting revenue of $12.8-million. The company will report its results on Sept. 17.

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Chorus Aviation Inc. (CHR-T) announced second-quarter net income was $38.9-million, an increase of $22.6 million over the 2018 period. Revenue came in at $332.5-million down from $353.9-million a year ago and is below expectations of $366.2-million

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Pattern Energy Group Inc. (PEGI-Q; PEGI-T) issued a release on Tuesday “confirming that it has drawn interest from third parties and is responding to such inquiries as appropriate.”

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The company said, "no agreement or arrangement for any transaction has been reached with any such third parties."

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Freshii Inc. (FRII-T) announced the appointment of two members to its senior leadership team; William Schultz as a member of its board and Oliver Rodbard as its vice president, operations. Mr. Schultz has a wide variety of experience in the food and consumer products industries at Procter & Gamble, Mars, Georgia-Pacific and most recently at Coca-Cola, the company stated. Mr. Rodbard has more than 20 years of retail and restaurant experience in Europe and North America, with the last 12 years at Yum! Brands in a number of corporate and franchisee-focused roles, the company stated.

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