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Day: December 4, 2019

ValOre Reports PGM+Gold Mineralization in all Rock Samples at New Exploration Target (“C04”); Successfully Implements Targeting Methodology

VANCOUVER, British Columbia, Dec. 04, 2019 (GLOBE NEWSWIRE) — ValOre Metals Corp. (TSX‐V: VO) (“ValOre”) today announced receipt of grab sample assay results from the newly-defined “C04” exploration target, as well as high-quality 3D magnetic inversion models for all five National Instrument 43-101 (“NI 43-101”) deposit areas at the Pedra Branca project located in Brazil.Key Point Summary:Exploration targeting methodology successfully implemented;Database-wide review of recently reprocessed magnetic anomalies (Anglo American’s airborne survey, 2013) combined with priority chromitite and ultramafic targets from satellite imagery (WorldView data, 2019);Field identification of chromitite mineralization and other coarse-grained cumulate ultramafic rocks at the C04 anomaly;Four of four grab samples from C04 returned compelling platinum...

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Delek US Holdings Announces Addition to Board of Directors

BRENTWOOD, Tenn., Dec. 04, 2019 (GLOBE NEWSWIRE) — Delek US Holdings, Inc. (“Delek US”) (NYSE: DK) today announced the appointment of Richard Marcogliese to the Board of Directors effective January 1, 2020.“We are pleased to welcome Rich to our board. His vast experience in the refining industry, with a background that includes operations, consulting and strategic planning, will provide us with invaluable insights as we continue to execute on our growth strategy,” said Uzi Yemin, Chairman, President and Chief Executive Officer of Delek US.Mr. Marcogliese has over 40 years of experience in the refining industry. He is currently the Principal of iRefine, LLC, a privately owned petroleum refining consulting company; an Executive Advisor of Pilko & Associates L.P., a private chemical and energy advisory company; and a director...

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CSP Inc. to Announce Fiscal Fourth Quarter and Full Year 2019 Financial Results on Tuesday, December 10th

LOWELL, Mass., Dec. 04, 2019 (GLOBE NEWSWIRE) — CSP Inc. (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, announced that it will issue its fiscal fourth quarter and full year 2019 financial results before the open of the market on Tuesday, December 10, 2019CSPi President and Chief Executive Officer Victor Dellovo and Chief Financial Officer Gary W. Levine will host a conference call at 10:00 a.m. ET that day to review the financial results and provide a business update. To listen to a live webcast of the call, please visit the “Investor Relations” section of the Company’s website at http://www.cspi.com/. Individuals also may listen to the call via telephone, by dialing 866-342-8591 or 203-518-9713 and use the Conference ID: CSPQ419 when greeted by...

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Siyata Mobile Announces Brokered Private Placement of up to CDN$10 Million in Unsecured Convertible Debentures

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMONTRÉAL, Dec. 04, 2019 (GLOBE NEWSWIRE) — Siyata Mobile Inc. (the “Company” or “Siyata“) (TSX-V:SIM) (OTCQX:SYATF) is pleased to announce it has entered into an engagement letter with PI Financial Corp. to act as sole bookrunner and co-lead agent together with Canaccord Genuity Corp. (collectively, the “Co-Lead Agents”), and with Paradigm Capital Inc. and Beacon Securities Limited (together with the Co-Lead Agents, the “Agents”) in connection with a brokered private placement financing (the “Offering”) to raise up to CDN$10,000,000.00 through the issuance of unsecured convertible debentures (the “Convertible Debentures”). The size of the Offering may be increased up to 15% at the option of the Agents.The Company...

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Allied Announces December 2019 Distribution and Distribution Increase for 2020

TORONTO, Dec. 04, 2019 (GLOBE NEWSWIRE) — Allied Properties REIT (TSX:”AP.UN”) announced today that its Trustees have (i) declared a distribution of $0.133 per unit for the month of December, 2019, payable on January 15, 2020, to unitholders of record on December 31, 2019, and (ii) approved an increase in monthly cash distributions for 2020 to $0.1375 per unit ($1.65 per unit annualized, up 3% from $1.60 per unit annualized in 2019).“Management and the Trustees support the two-fold objective of raising distributions on an annual basis while simultaneously reducing pay-out ratios,” said Michael Emory, President and CEO. “We’re confident of our ability to reduce our FFO and AFFO pay-out ratios in 2020 despite this distribution increase.”This press release may contain forward-looking statements with respect to Allied, its operations,...

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DCP Midstream to Participate in the 2019 Wells Fargo Midstream and Utility Symposium

DENVER, Dec. 04, 2019 (GLOBE NEWSWIRE) — DCP Midstream, LP (NYSE: DCP) announced that Wouter van Kempen, chairman, president and chief executive officer, and Sean O’Brien, group vice president and chief financial officer, will conduct a series of one-on-one and group meetings with investment community representatives at the 2019 Wells Fargo Midstream and Utility Symposium in New York on December 11, 2019. The materials used at this conference will be posted on the Investors section of DCP Midstream’s website at www.dcpmidstream.com on December 10, 2019.ABOUT DCP MIDSTREAM, LPDCP Midstream, LP (NYSE: DCP) is a Fortune 500 midstream master limited partnership headquartered in Denver, Colorado, with a diversified portfolio of gathering, processing, logistics and marketing assets. DCP is one of the largest natural gas liquids producers...

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ZoomerMedia Limited Announces Results for the Year Ended August 31, 2019

TORONTO, Dec. 04, 2019 (GLOBE NEWSWIRE) — ZoomerMedia Limited (TSXV:ZUM) (the “Company”), the leader in serving the interests of the 45+ “Zoomer” market in Canada, today announced its financial results for the fiscal year ended August 31, 2019.Consolidated ResultsFor the year ended August 31, 2019, the Company had revenues of $52.7 million, operating expenses of $47.9 million and EBITDA of $4.8 million. Net income for the year ended August 31, 2019 was $1.6 million. For the comparative year ended August 31, 2018, the Company had revenues of $52.2 million, operating expenses of $49.5 million and EBITDA of $2.7 million. Net income for the year ended August 31, 2018 was $111 thousand.EBITDA is a non-IFRS earnings measure which does not have any standardized meaning prescribed by IFRS and therefore may not be comparable to EBITDA presented...

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Major Drilling Announces Second Quarter Results – Earnings Up 120%

MONCTON, New Brunswick, Dec. 04, 2019 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (TSX: MDI) today reported results for its second quarter of fiscal year 2020, ended October 31, 2019.Quarterly revenue was $121.2 million, up 15% from the same quarter last year.Gross margin percentage for the quarter was 28.1%, compared to 27.4% for the corresponding period last year.EBITDA was up more than 30% to $20.5 million for the quarter as compared to the same period last year (the impact of IFRS 16 Leases (“IFRS 16”) was minimal at $0.5 million).Net earnings were $7.3 million or $0.09 per share for the quarter, compared to $3.3 million or $0.04 per share for the prior year quarter.Net cash is up $12.8 million during the quarter to $22.5 million.“Demand for our services continued to grow in all of our regions this quarter, driven...

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Whitestone Hosts its 6th Annual Christmas Tree Lighting and Hot Cocoa Stroll Event at Market Street at DC Ranch

HOUSTON, Dec. 04, 2019 (GLOBE NEWSWIRE) — Whitestone REIT (NYSE:WSR) (“Whitestone” or the “Company”) kicks off the holiday season on Thursday, December 5th with the 6th Annual Christmas Tree Lighting and Hot Cocoa Stroll Event from 5:30pm to 8:00pm at its Market Street at DC Ranch property in Scottsdale, Arizona.The Annual Tree Lighting Ceremony at the DC Ranch property has grown enormously since its beginning in 2014 and is now the formal holiday season kick-off celebration for the DC Ranch community. The event begins with the Hot Cocoa Stroll and will feature special performances through the night by Copper Ridge Middle School Orchestra, Blazer Band and Chorus, Desert Bells International, Dickens Carolers, and our popular dance troupe from the DC Dance AZ Studio.The opening parade starts promptly at 5:30pm, led by Ralphie the...

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Micron Publishes Fiscal 2019 Diversity, Equality and Inclusion Report

BOISE, Idaho, Dec. 04, 2019 (GLOBE NEWSWIRE) — Micron Technology, Inc. (Nasdaq: MU), today announced the publication of its second annual diversity, equality and inclusion report. The report is part of the company’s continued efforts to build a diverse workforce and inclusive culture. It demonstrates Micron’s progress in several key areas, including women’s representation, pay equity and growth of employee resource groups (ERGs).“Micron is pleased to announce the publication of our Diversity, Equality and Inclusion FY19 Annual Report, demonstrating our commitment to creating an environment where all team members can bring their authentic selves to work and contribute ideas that drive business success,” said Micron Vice President of Diversity, Equality and Inclusion Sharawn Connors. “Micron believes that collaboration across our...

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