Year: 2019

Perseus Mining Signs Yaouré Mining Convention

Written by Customer Service on December 10, 2019. Posted in Public Companies.

PERTH, Western Australia, Dec. 09, 2019 (GLOBE NEWSWIRE) — Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU) is pleased to advise that at a ceremony held in Abidjan, Côte d’Ivoire on Monday December 9, a Mining Convention was executed by representatives of the State of Côte d’Ivoire and Perseus’s Ivorian subsidiary, Perseus Mining Yaouré SA. This Convention provides a guarantee of fiscal stability and sets out a range of other rights and obligations that will apply to Perseus during the life of Perseus’s Yaouré Gold Mine located in central Côte d’Ivoire.Construction of the Yaouré Gold Mine is being completed at a total cost of US$265 million. Development work that started in June 2019 is progressing on schedule and on budget. First gold is expected to be poured in December 2020, one month ahead of the currently...

Cardinal Announces Its 2020 Operating and Capital Budget, Renewal of the Convertible Debenture Normal Course Issuer Bid and the Monthly Dividend for December

Written by Customer Service on December 10, 2019. Posted in Public Companies.

CALGARY, Alberta, Dec. 09, 2019 (GLOBE NEWSWIRE) — (CJ:TSX) Cardinal Energy Ltd. (“Cardinal” or the “Company”) is pleased to announce that its Board of Directors has approved an operating and capital budget for 2020 that will focus on debt reduction, a sustainable dividend, operating costs reductions and increasing production volumes. Cardinal also announces that the Toronto Stock Exchange (the “TSX”) has accepted the notice of Cardinal’s intention to commence a normal course issuer bid (the “NCIB”).Highlights of 2020 Budget Forecasting net debt reduction of 15% by year-end;Low corporate production decline rate allows for a conservative $60 to $65 million development capital expenditure budget;Generates free cash flow of $40 to $45 million for debt repayment, asset retirement...

dynaCERT Reports on Exercised Warrants and Outstanding Warrants

Written by Customer Service on December 10, 2019. Posted in Public Companies.

TORONTO, Dec. 09, 2019 (GLOBE NEWSWIRE) — dynaCERT Inc. (TSX VENTURE: DYA) (OTCQB: DYFSF) (FRA: DMJ) (“dynaCERT” or the “Company”) announces that 6,938,677 warrants (approximately 96.5 %) have been exercised for gross proceeds of approximately $ 2,428,537 to the Company pursuant to its Press Release dated November 9, 2019 and its Notices to the holders of outstanding share purchase warrants that were repriced in accordance with TSX Venture Exchange (“TSX-V”) approvals in February 2019 (see the Company’s Press Release dated February 4, 2019), of which an aggregate of 7,186,770 warrants remained outstanding (the “Repriced Warrants”) as at November 9, 2019.The Repriced Warrants all had an exercise price of $0.35 and an expiry date of December 1, 2020, subject to acceleration if the closing price...

Allied to Acquire Major Class I Complex in Montréal

Written by Customer Service on December 9, 2019. Posted in Mergers And Acquisitions.

TORONTO, Dec. 09, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) announced today that it has entered into an agreement to acquire a large and important Class I complex in Montréal, 747 Square-Victoria Street (“747 Square-Victoria”), for $276 million. The agreement is subject to regulatory approval but not subject to due-diligence, which Allied has completed to its satisfaction.747 Square-Victoria Street, Montréal747 Square-Victoria is a Class I complex located in the heart of the International Quarter, a heritage- and amenity-rich area that connects the Downtown Core with Old Montréal. It will enhance Allied’s ability to serve knowledge-based organizations in urban Montréal as it transforms to a primary North American office market for TAMI (tech, advertising, media and information) users.Comprising...

Allied sur le point d’acquérir un complexe immobilier important de classe I à Montréal

Written by Customer Service on December 9, 2019. Posted in Mergers And Acquisitions.

TORONTO, 09 déc. 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (TSX:AP.UN) (« Fonds de placements immobiliers Allied Properties », ci-après « Allied ») a annoncé aujourd’hui avoir conclu une convention d’achat (la « Convention ») en vue d’acquérir un complexe immobilier important de Classe I situé à Montréal au 747 rue Square-Victoria (« 747 Square-Victoria ») et ce, moyennant un prix de $276 millions. La Convention demeure assujettie à l’approbation des autorités règlementaires, mais n’est pas assujettie à la vérification diligente à l’égard de laquelle Allied s’est déclarée satisfaite.747 rue Square-Victoria, Montréal747 Square-Victoria est un complexe de Classe I situé au cœur du Quartier international, un site patrimonial important offrant de nombreuses commodités reliant le Centre-Ville et le Vieux-Montréal....

Editas Medicine Announces In Vivo Proof-of-Concept Data for EDIT-301, in Development for the Treatment of Sickle Cell Disease and Beta-Thalassemia

Written by Customer Service on December 9, 2019. Posted in Public Companies.

CAMBRIDGE, Mass., Dec. 09, 2019 (GLOBE NEWSWIRE) — Editas Medicine, Inc. (Nasdaq: EDIT), a leading genome editing company, today announced in vivo proof-of-concept data supporting the development of EDIT-301 as a potentially best-in-class, durable medicine to treat sickle cell disease and beta-thalassemia. EDIT-301 is the first experimental medicine in development using Cas12a (formerly known as Cpf1). The Company reported these data today at the 61st Annual Meeting and Exposition of the American Society of Hematology (ASH) in Orlando, Fla.Sickle cell disease is caused by a mutation in the beta-globin gene that leads to polymerization of the sickle hemoglobin protein (HbS). Fetal hemoglobin (HbF) protects against sickle cell disease by inhibiting HbS polymerization. Individuals with high levels of HbF are protected from sickle cell...

Technical Communications Corporation Reports Results for the Fiscal Year and Quarter Ended September 28, 2019

Written by Customer Service on December 9, 2019. Posted in Public Companies.

CONCORD, Mass., Dec. 09, 2019 (GLOBE NEWSWIRE) — Technical Communications Corporation (NasdaqCM: TCCO) today announced its results for the fiscal year and quarter ended September 28, 2019. For the quarter ended September 28, 2019, the Company reported net income of $1,032,000, or $0.56 per share, on revenue of $2,749,000, compared to a net loss of $(259,000), or $(0.14) per share, on revenue of $1,137,000 for the quarter ended September 29, 2018. For the year ended September 28, 2019, the Company reported net income of $631,000, or $0.34 per share, on revenue of $7,024,000, compared to a net loss of $(1,480,000), or $(0.80) per share, on revenue of $3,685,000 for the year ended September 29, 2018.Commenting on corporate performance, Carl H. Guild, Jr., President and Chief Executive Officer of TCC, said, “The Company experienced a...

Builders FirstSource Adds Vertically Integrated Capabilities Through Acquisition of Raney Construction, an Established Provider of Off-Site Manufacturing and Value-Added Services across Florida

Written by Customer Service on December 9, 2019. Posted in Mergers And Acquisitions.

DALLAS, Dec. 09, 2019 (GLOBE NEWSWIRE) — Builders FirstSource, Inc. (Nasdaq: BLDR) today announced it has purchased the assets of Raney Components, LLC and Raney Construction, Inc. (“Raney”), located in Groveland, Florida.Founded in 1997, Raney is recognized in the industry for pioneering a vertically-integrated manufacturing and installation model which significantly improves labor productivity and reduces cycle times for customers. Through this value-added approach, Raney supplies wall panels, roof trusses, roof decking, interior wall framing and other select building materials and then partners with sub-contractors to install these products in approximately three thousand homes per year to its production builder customers across Florida. Raney has annual revenue of approximately $140 million. “I am thrilled to welcome Buddy...

Giyani Consolidates Corporate Structure

Written by Customer Service on December 9, 2019. Posted in Public Companies.

Not for distribution to U.S. newswire services or for dissemination in the United StatesOAKVILLE, Ontario, Dec. 09, 2019 (GLOBE NEWSWIRE) — Giyani Metals Corp. December 9, 2019 (TSXV:EMM) (FRANKFURT:KT9) (WKN:A2DUU8) (“Giyani” or the “Company“) announces the acquisition from Malungani Resources (Pty) Ltd (“Malungani“) of all of the outstanding ordinary shares of Lexshell 837 (Pty) Ltd. (“Lexshell“) not already held indirectly by Giyani as the beneficial owner (the “Lexshell Shares“), pursuant to a share purchase agreement dated November 12, 2019 (the “Purchase Agreement“), with the result that Giyani will consolidate 100% share ownership in Lexshell. Malungani is at arm’s length to Giyani.As announced on September 19, 2019, pursuant to the terms of a...

Credit Acceptance Announces Pricing of $400 Million Senior Notes Offering

Written by Customer Service on December 9, 2019. Posted in Public Companies.

Southfield, Michigan, Dec. 09, 2019 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it priced $400 million of its 5.125% senior notes due 2024 (the “notes”) in its previously announced offering. The issue price is 100% of the principal amount of the notes. The closing of the sale of the notes is expected to occur on or about December 18, 2019, subject to customary closing conditions. We intend to use the net proceeds from the offering of the notes, together with borrowings under our revolving credit facility and cash on hand to the extent available, to fund (i) our concurrent cash tender offer for any and all of our $300 million outstanding senior notes due 2021 (the “2021 notes”), (ii) the redemption, in accordance with...

Year: 2019

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