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Year: 2019

Euro Manganese unterzeichnet Vertrag für seine Demonstrationsanlage und vergibt Auftrag für die verfahrenstechnische Leitung der Machbarkeitsstudie

CRIMM erhält Festpreisvertrag mit schlüsselfertiger Übergabe für den Bau, die Lieferung und die Inbetriebnahme einer Demonstrationsanlage für hochreine Manganprodukte.BGRIMM wurde mit der verfahrenstechnischen Leitung der Machbarkeitsstudie beauftragt.VANCOUVER, British Columbia, Dec. 12, 2019 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V/ASX: EMN) (das „Unternehmen“ oder „EMN“) gibt Folgendes bekannt:Vergabe eines Festpreisauftrags mit schlüsselfertiger Übergabe für die Demonstrationsanlage an CRIMMDas technische Team des Unternehmens hat wesentliche Fortschritte bei der Konzeption, Entwicklung, Planung und Genehmigung einer Demonstrationsanlage („die DA“) für hochreines elektrolytisches Manganmetall („HPEMM“) und hochreines Mangansulfat-Monohydrat („HPMSM“) für das Chvaletice Manganprojekt (das „Projekt“) erzielt. In dieser Anlage...

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Heron to Close Canadian Register of Ordinary Shares

SYDNEY, Australia, Dec. 12, 2019 (GLOBE NEWSWIRE) — Heron Resources Limited (“Heron” or the “Company”, ASX:HRR) announces that, further to its press release dated June 11, 2018, it has given notice to TSX Trust Company (“TSX Trust”) to close the Canadian register (the “Canadian Register”) of the Company’s ordinary shares (“Shares”). The effective date of the of closing of the Canadian Register is expected to be on or around December 31, 2019.The Company’s ordinary shares have not traded on an exchange in Canada since they were voluntarily delisted from the Toronto Stock Exchange on March 29, 2018 in connection with its application to cease being a reporting issuer in Canada. No change will occur to the trading of the Company’s ordinary shares on the ASX.As a result of the closing of the Canadian Register, no further share transfers...

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GT Gold Closes C$8.3 Million Investment by Newmont Goldcorp Corporation

Not for distribution to U.S. news wire services or dissemination in the United StatesVANCOUVER, British Columbia, Dec. 12, 2019 (GLOBE NEWSWIRE) — GT Gold Corp. (“GT Gold” or the “Company”) (TSX.V: GTT) is pleased to report that it has closed its C$8.3 million financing and strategic investment by Newmont Goldcorp Corporation (“Newmont Goldcorp”) (NYSE: NEM, TSX: NGT) announced on November 27, 2019.  The Company intends to use the proceeds of the financing to fund all expenditures up to and including the Saddle North Preliminary Economic Assessment (“PEA”), as well as to provide a sizeable buffer for work following the PEA into 2021, to be planned based on the results of the 2020 technical program.The financing consisted of a private placement of 6,877,199 common shares priced at $1.20 per share for total consideration...

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QEP Resources Announces Termination of Consent Solicitations Related to Senior Notes

DENVER , Dec. 12, 2019 (GLOBE NEWSWIRE) — QEP Resources, Inc. (NYSE: QEP) (“QEP” or the “Company”) today announced the termination of its previously announced solicitations of consents (the “Consent Solicitations”) from holders of its outstanding 5.375% Senior Notes due 2022 (the “2022 Notes”), 5.250% Senior Notes due 2023 (the “2023 Notes”) and 5.625% Senior Notes due 2026 (the “2026 Notes” and, together with the 2022 Notes and 2023 Notes, the “Notes”), proposing to amend the limitation on liens covenant contained in the indentures governing the Notes (the “Indentures”).The Consent Solicitations have been terminated in accordance with the terms and conditions set forth in the Consent Solicitation Statement, dated November 26, 2019, effective as of 5:00 p.m., Eastern time, on December 12, 2019. As a result of the termination, no...

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Hi-Crush Inc. Announces 2020 Annual Stockholder Meeting Date

HOUSTON, Dec. 12, 2019 (GLOBE NEWSWIRE) — Hi-Crush Inc. (NYSE: HCR), or the “Company”, today announced that the board of directors intends to hold the Company’s Annual Meeting of Stockholders (the “2020 Annual Meeting”) on May 20, 2020, at a time and location to be specified in the Company’s proxy statement for the 2020 Annual Meeting.Stockholders of the Company who wish to have a proposal considered for inclusion in the Company’s proxy materials for the 2020 Annual Meeting pursuant to Rule 14a-8 must ensure that their proposal is received by the Secretary of the Company at 1330 Post Oak Blvd, Suite 600, Houston, Texas 77056, by the close of business on December 23, 2019.In addition, in accordance with the requirements contained in Bylaws of the Company (the “Bylaws”), stockholders who wish to nominate a person for election...

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Sterling Bancorp Announces Pricing of $275 Million Subordinated Notes Offering

MONTEBELLO, N.Y., Dec. 12, 2019 (GLOBE NEWSWIRE) — Sterling Bancorp (NYSE: STL) (the “Company”), the parent holding company of Sterling National Bank, announced today that it has priced $275 million aggregate principal amount of its 4.00% fixed-to-floating rate subordinated notes due 2029 (the “Notes”). The Notes have an initial fixed interest rate of 4.00% to, but excluding, December 30, 2024, payable semi-annually in arrears, and a 10-year term and were offered to the public at par. From, and including, December 30, 2024, the interest rate on the Notes resets quarterly to a floating rate per annum equal to a benchmark rate, which is expected to be the then-current three-month term SOFR plus 253 basis points, payable quarterly in arrears.Sandler O’Neill + Partners, L.P., Keefe, Bruyette & Woods, Inc. and U.S. Bancorp Investments,...

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Extendicare Announces December 2019 Dividend of C$0.04 per Share

MARKHAM, Ontario, Dec. 12, 2019 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) announced that it has declared a cash dividend of C$0.04 per common share of the Company (the “Common Share”) for the month of December 2019, which is payable on January 15, 2020 to shareholders of record at the close of business on December 31, 2019. This dividend is designated as an “eligible dividend” within the meaning of the Income Tax Act (Canada).Extendicare has a Dividend Reinvestment Plan (the “DRIP”), which provides Canadian resident holders of Common Shares with the opportunity to increase their respective investments at a 3% discount to the volume weighted average trading price of the Common Shares on the TSX for the five trading days immediately preceding the dividend payment date. A copy of the DRIP package...

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Evercel Announces Rejected Offer to Acquire NewLink Genetics

NEW YORK, Dec. 12, 2019 (GLOBE NEWSWIRE) — Evercel, Inc. (“Evercel”) (OTC: EVRC) has made an offer to acquire NewLink Genetics Corporation (“NewLink”) (NASDAQ: NLNK). Daniel Allen, Chief Executive Officer of Evercel, announced on November 25, 2019 Evercel has made alternative offers to acquire NewLink, including one for $1.75 in cash per share.  “We tried to engage in a good faith discussion with NewLink’s Board of Directors in order to deliver a superior offer to shareholders.  However, NewLink’s Board turned down our offer without even engaging in any discussion with us. “NewLink shareholders are being asked to approve a merger with privately held Lumos Pharma Inc. (“Lumos”) that we believe is not in their best interests and will likely destroy shareholder value at NewLink.  Lumos is a money losing clinical stage biotech...

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Freddie Mac Prices First K-Deal with Bonds Indexed to SOFR

MCLEAN, Va., Dec. 12, 2019 (GLOBE NEWSWIRE) — In an industry first, Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K Certificates), which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate (SOFR). The approximately $765 million in K Certificates (K-F73 Certificates) are expected to settle on or about December 20, 2019. The K-F73 Certificates are backed by floating-rate multifamily mortgages with 10-year terms, which are currently LIBOR-based.Freddie Mac is using K-F73 to provide support to the SOFR bond market ahead of a SOFR multifamily mortgage offering and to help ease the eventual transition away from LIBOR. K-F73 includes one class (Class AL) of senior bonds indexed to LIBOR and another class (Class AS) of senior bonds indexed to SOFR. Freddie...

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M Split Corp. Capital Share Consolidation

TORONTO, Dec. 12, 2019 (GLOBE NEWSWIRE) — M Split Corp. (the “Company”) announces further details regarding the XMF.A Capital Share (“Capital Share”) consolidation.In connection with the termination date extension of the Company, an additional retraction right was offered allowing existing shareholders to tender any or all classes of Shares and receive a retraction price based on the November 29, 2019 net asset value per unit. Immediately after the retraction payment on or before December 16, 2019, there will be an unequal number of shares outstanding between the Capital Shares, XMF.PR.B Class I Preferred Shares and XMF.PR.C Class II Preferred Shares.  As outlined in the November 22, 2019 press release, in order to restore an equal amount of shares outstanding for each Class, the Capital Shares will be consolidated at a ratio of...

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