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Day: October 25, 2019

UTStarcom Participates at Indian Mobile Congress 2019

HONG KONG, Oct. 25, 2019 (GLOBE NEWSWIRE) — UTStarcom (“UT” or “the Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced its participation at Indian Mobile Congress (IMC) 2019 New Delhi in India from October 14 to October 16, 2019.  IMC is India’s premiere telecommunications and mobile technology conference, providing a platform for participants from major telecommunications service providers as well as technology leaders to discuss and showcase the latest products and technologies.At this year’s IMC, UTStarcom showcased its product portfolio for 5G based on next-generation technologies, including slicing-based transport solution; 5G indoor coverage solution; and solutions for end-to-end network synchronization. UTStarcom’s product highlights included the optimized solutions for mobile backhaul,...

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Sandfire Resources America completes an Updated Mineral Resource Estimate for the Johnny Lee Deposit, Black Butte Copper Project

Key Points:             The Johnny Lee deposit has a Measured and Indicated Mineral Resource of 10.9 million tonnes (Mt) at an average copper grade of 2.9% for 311 thousand tonnes (kt) of contained copper (Cu) at a 1.0 % Cu cut-off grade; The Johnny Lee deposit has an Inferred Mineral Resource of 2.7 Mt at an average copper grade of 3.0% for 80 kt of contained Cu at a 1.0 % Cu cut-off grade; Forty-eight diamond drillholes completed by Sandfire Resources America have been used to update the Mineral Resource estimate for the Johnny Lee deposit; Metallurgical testing of the Johnny Lee deposit has been integrated with systematic mineralogy to develop a copper recovery model; Updated copper cut-off grade of 1.0 % Cu based upon updated recovery studies and price assumptions; The Mineral Resource update for the Johnny Lee Deposit excludes the...

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Black Butte Copper Progress Update

WHITE SULPHUR SPRINGS, Mont., Oct. 25, 2019 (GLOBE NEWSWIRE) — Sandfire Resources America Inc. (“Sandfire America” or the “Company” TSX.V:SFR and OTCQB:SRAFF) is pleased to provide the following update related to progress at the Black Butte Copper underground project in Montana. Permitting ProgressThe Montana Department of Environmental Quality (MDEQ) and the Department of Natural Resources & Conservation (MDNRC) recently informed the Company of a matter regarding the overlap between their respective areas of oversight.  The Company has developed a robust plan to address this matter that is satisfactory and creates  a pathway forward which includes further assurances on the water right modification application which has been in progress since early 2019.  The Company is confident that it has addressed the agencies’ concerns. ...

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Athabasca Clarifies Firebag Property Technical Disclosure

EDMONTON, Alberta, Oct. 25, 2019 (GLOBE NEWSWIRE) — Athabasca Minerals Inc. (“AMI” or the “Corporation”) (TSX Venture: ABM) is issuing the following news release to clarify and retract certain disclosure relating to the Comprehensive Valuation Report (the “Valuation Report”) on its Firebag Property (the “Property”), located 95 km north of the city of Fort McMurray, dated August 21, 2018.AMI would like to clarify that the Valuation Report, inadvertently filed on SEDAR on October 5, 2018 as a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report and referred to in AMI’s Annual Information Form, dated October 3, 2019, is not a compliant NI 43-101 technical report. As a result, the Valuation Report should not be relied upon in this regard. AMI is in the process of having the NI...

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EarthRenew Grants Stock Options

TORONTO, Oct. 25, 2019 (GLOBE NEWSWIRE) — EarthRenew Inc. (“EarthRenew” or the “Company”) (CSE: ERTH) has granted a total of 1,825,000 stock options to certain officers, directors and consultants of the Company pursuant to the Company’s stock option plan. The stock options vest immediately and may be exercised at a price of $0.06 per option for a period of five years from the date of grant.About EarthRenewEarthRenew is a low-cost sustainable power-generation company with a patented production process that converts livestock waste to nutrient-rich, slow-release pelleted organic fertilizer. EarthRenew converts natural gas to electricity from an industrial-sized gas turbine which it intends to capitalize on through various revenue drivers. These include selling surplus electricity to the electrical grid and to cryptocurrency miners...

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Mueller Water Products Announces Quarterly Dividend

ATLANTA, Oct. 25, 2019 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced that its Board of Directors has declared a quarterly dividend of 5.25 cents ($0.0525) per share, payable on or about November 20, 2019 to stockholders of record as of the close of business on November 8, 2019.About Mueller Water ProductsMueller Water Products, Inc. (NYSE: MWA) is a leading manufacturer and marketer of products and services used in the transmission, distribution and measurement of water in North America.  Our broad product and service portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, and pipe condition assessment. We help municipalities increase operational efficiencies, improve customer service and prioritize capital spending, demonstrating why Mueller...

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United States Steel Corporation Completes $1.1 Billion of Incremental Financing to Support Strategy Execution

Completed $500 million upsize to the amended and extended $2 billion revolving credit facilityIssued $350 million senior convertible notes at a coupon of 5.00%, which includes $50 million from the full exercise of the initial purchasers’ option to purchase additional notesCompleted offering of $275 million of thirty-year environmental revenue bonds with a coupon of 5.75%PITTSBURGH, Oct. 25, 2019 (GLOBE NEWSWIRE) — United States Steel Corporation (X) (“U. S. Steel”) today announced that it has completed approximately $1.1 billion of financing activities to support the execution of the Company’s “best of both” strategy.“The closing of these financing activities marks another successful step in the execution of our ‘best of both’ strategy,” said David B. Burritt, President and Chief Executive Officer of U. S. Steel. “I am thankful...

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CMB Regional Centers, a leader in the EB-5 investor visa program, announces the acquisition of Cascadia Regional Center

DALLAS, Oct. 25, 2019 (GLOBE NEWSWIRE) — CMB Regional Centers (CMB), a leader in the EB-5 investor visa program, announces the acquisition of Cascadia Regional Center, Inc., which has geographic scope covering the entire states of Washington and Oregon. The transaction was completed on October 17th, 2019, and increases the number of regional centers under CMB management to 17, giving CMB geographic scope that covers 24 States and Washington D.C. CMB Regional Centers has operated 73 separate EB-5 partnerships representing over 5,500 immigrant investors and over $3 billion in EB-5 capital raised since 2007. The $3 billion in EB-5 capital has been combined with $11 billion in developer capital to represent $14 billion in job creating capital, resulting in over 175,000 direct, indirect, and induced new American jobs. This week, CMB...

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Atara Biotherapeutics Announces Executive Departures

SOUTH SAN FRANCISCO, Calif., Oct. 25, 2019 (GLOBE NEWSWIRE) — Atara Biotherapeutics, Inc. (Nasdaq: ATRA), a leading off-the-shelf, allogeneic T-cell immunotherapy company developing novel treatments for patients with cancer, autoimmune and viral diseases, today announced the departures of Dr. Christopher Haqq, Chief Scientific Officer, and Mina Kim, General Counsel and Head of Corporate Strategy.“I want to thank Chris and Mina for their significant contributions to Atara,” said Pascal Touchon, President and Chief Executive Officer of Atara Biotherapeutics. “As the first Atara employee, Chris was instrumental in our incredible progress and most important milestones. He decided to leave Atara to pursue an outside opportunity with a private company that aligns with his other scientific interests and the current needs of his family....

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Meritage Homes Announces Opening of New Model Home in Babcock Ranch

PUNTA GORDA, Fla., Oct. 25, 2019 (GLOBE NEWSWIRE) — Meritage Homes, the seventh-largest public homebuilder in the U.S., today announced the official opening of its model home, the Osprey, within the Lake Babcock neighborhood in Babcock Ranch.With the increasing demand for sustainable and affordable new homes, Meritage Homes has designed cost-effective homes that include energy-efficient features standard. Meritage’s advanced and sustainable building practices mean buyers can enjoy greater cost savings and comfort. Babcock Ranch is the nation’s first solar-powered community, which aligns perfectly with Meritage Homes’ vision for building better, healthier homes for buyers. In addition, stainless steel appliances, flexible living spaces, fireplaces and granite countertops are among a few of the features buyers can expect from this...

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