June 29 (Reuters) - UrtheCast Corp UR.TO :
* URTHECAST REPORTS FIRST QUARTER 2020 FINANCIAL RESULTS
* URTHECAST CORP - QTRLY REVENUE C$4.4 MILLION VERSUS C$4.4 MILLION
* URTHECAST CORP - QTRLY ADJUSTED EBITDA FROM CONTINUING OPERATIONS OF NEGATIVE $1.0 MILLION VERSUS NEGATIVE $0.8 MILLION
* URTHECAST - CONTINUED TO TAKE STEPS TO SEEK TO CONTINUE AS GOING CONCERN, ENSURE ADEQUATE LIQUIDITY IN NEAR-TERM
* URTHECAST - SIGNED NON-LOI WITH INSTITUTIONAL INVESTOR TO PROVIDE EQUITY/JUNIOR SUBORDINATED DEBT FINANCING FOR PORTION OF URTHEDAILY PROJECT