Day: February 13, 2020

Dundee Precious Metals Declares Inaugural Quarterly Dividend

TORONTO, Feb. 13, 2020 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) today announced that its Board of Directors has declared an inaugural quarterly dividend of US$0.02 per common share.The dividend is payable on April 15, 2020 to shareholders of record as at 5:00 p.m. Toronto local time on March 31, 2020. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes. Dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes. For Canadian shareholders, the U.S. dollar dividend payment will be converted to Canadian dollars using the spot price exchange rate on April 14, 2020, the date prior to the payment date.About Dundee Precious MetalsDundee Precious Metals Inc. is a Canadian based, international gold...

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Dundee Precious Metals Announces 2019 Fourth Quarter and Annual Results, Initiates Three-Year Outlook and Declares Inaugural Dividend

(All monetary figures are expressed in U.S. dollars unless otherwise stated)TORONTO, Feb. 13, 2020 (GLOBE NEWSWIRE) — Dundee Precious Metals Inc. (TSX: DPM)Fourth Quarter and Annual Financial and Operating Highlights:Record annual metals production – Strong fourth quarter performance from Chelopech and Ada Tepe delivered the highest production quarter of the year and contributed to record annual gold production of 230,592 ounces, above the mid-point of 2019 guidance. Copper production of 37.2 million pounds was also in line with 2019 guidance;Improving performance at Tsumeb – Achieved throughput of 215,289 tonnes in line with its revised 2019 guidance, with a solid ramp-up to full production in the fourth quarter following an unplanned outage in the third quarter. Finalized new agreement such that smelter is now fully contracted...

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THL Credit Senior Loan Fund Announces Correction to Ex-Dividend Date for February 2020 Distribution

BOSTON, Feb. 13, 2020 (GLOBE NEWSWIRE) — THL Credit Senior Loan Fund (the “Fund”) (NYSE: TSLF) today announced the ex-dividend date for the February 2020 distribution of $0.101 per common share payable on February 28, 2020 is February 14, 2020, not February 17, 2020 as previously announced.About THL Credit Senior Loan FundThe Fund is a diversified, closed-end management investment company that is advised by First Eagle Alternative Credit, LLC.  The Fund’s investment objective is to provide current income and preservation of capital primarily through investments in U.S. dollar denominated senior secured corporate loans and notes (“Bank Loans”).  There can be no assurance that the Fund will achieve its investment objective.About First Eagle Alternative Credit, LLCFirst Eagle Alternative Credit is an alternative credit investment manager...

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Freehold Royalties Ltd. Declares Dividend for February 2020

CALGARY, Alberta, Feb. 13, 2020 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX:FRU)  announces that its Board of Directors has declared a dividend of Cdn. $0.0525 per common share to be paid on March 16, 2020 to shareholders of record on February 29, 2020.These dividends are designated as “eligible dividends” for Canadian income tax purposes.Freehold’s focus is on acquiring and managing oil and gas royalties. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.For further information, contact:Freehold Royalties Ltd.Matt DonohueManager, Investor Relations & Capital Marketst.  403.221.0833f.  403.221.0888tf. 1.888.257.1873e.  mdonohue@rife.comw. www.freeholdroyalties.com

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Yamana Gold Declares First Quarter Dividend; Dividend Reflects New 25% Increase to Annual Dividend

TORONTO, Feb. 13, 2020 (GLOBE NEWSWIRE) — YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or the “Company”) declares a  first quarter dividend of $0.0125 per share (annual $0.05 per share). Shareholders of record at the close of business on March 31, 2020, will be entitled to receive payment of this dividend on April 14, 2020.  The dividend is an “eligible dividend” for Canadian tax purposes.The dividend reflects the previously announced 25% increase to the Company’s annual dividend. Yamana has now increased its annual dividend cumulatively by 150% to $0.05/share from $0.02 since the second quarter of 2019. About YamanaYamana Gold Inc. is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including...

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Overstock Stockholders Approve Path for Company’s Historic Dividend

SALT LAKE CITY, Feb. 13, 2020 (GLOBE NEWSWIRE) — Overstock.com, Inc. (NASDAQ:OSTK) stockholders have voted to approve the proposed changes for the company to move forward with the issuance of its previously-announced Series A-1 Preferred Stock dividend on a 1:10 basis. The shares, which will be registered with the SEC, trade exclusively on the tZERO ATS under the symbol OSTKO.“This is a big deal for Overstock and tZERO,” said Overstock CEO Jonathan Johnson. “I thank our stockholders for approving this historic dividend, which we believe will provide them real value. I expect it will increase investor interest and activity in the tZERO ATS trading environment and incentivize both issuers and broker-dealers to further utilize tZERO’s revolutionary blockchain-meets-capital-markets technology.”Stockholder approval enabled changes to...

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First Quantum Declares a Final Dividend of CDN$0.005 Per Share

TORONTO, Feb. 13, 2020 (GLOBE NEWSWIRE) — First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX:FM) today announced that its Board of Directors has approved a final dividend of CDN$0.005 per share in respect of the financial year ending December 31, 2019. The dividend will be paid on May 7, 2020 to shareholders of record on April 16, 2020. This, together with the interim dividend of CDN$0.005, makes a total of CDN$0.01 for the 2019 financial year.The Company has established a Dividend Reinvestment and Share Purchase Plan (the “Plan”) for its Canadian resident shareholders (“Eligible Shareholders”).The Plan enables Eligible Shareholders to reinvest the cash dividends paid on all or a portion of their Common Shares into additional Common Shares, which will be issued at...

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Kite Realty Group Trust Announces Quarterly Common Dividend and Annual Shareholder Meeting

INDIANAPOLIS, Feb. 13, 2020 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE:KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.3175 per common share for the quarter ended March 31, 2020. This distribution will be paid on or about April 3, 2020, to shareholders of record as of March 27, 2020.KRG also announced today that it has scheduled its Annual Meeting of Shareholders to be held on Thursday, May 14, 2020, at 9:00 a.m. Eastern Time. Shareholders of record at the close of business on Friday, March 13, 2020, will be entitled to vote at the meeting.About Kite Realty Group TrustKite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to tenants in...

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Collegium Announces Closing of the Nucynta Franchise Acquisition

– Collegium Announces Closing of Convertible Senior Notes Offering and Exercise in Full of Over-Allotment Option –– Collegium will Host Conference Call to Discuss Fourth Quarter 2019 Financial Results and Provide Corporate Update –STOUGHTON, Mass., Feb. 13, 2020 (GLOBE NEWSWIRE) — Collegium Pharmaceutical, Inc. (Nasdaq: COLL), a specialty pharmaceutical company committed to being the leader in responsible pain management, announced today the closing of its previously announced acquisition of the Nucynta franchise from Assertio Therapeutics, Inc. Jefferies LLC acted as financial advisor to Collegium on the transaction, and Pepper Hamilton LLP served as legal counsel.In support of the Nucynta acquisition, Collegium also announced today the funding of its previously announced $200.0 million senior secured term loan from BioPharma Credit...

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Intersection Acquires La Place Court in Carlsbad for $15.8 Million

CARLSBAD, Calif., Feb. 13, 2020 (GLOBE NEWSWIRE) — San Diego based commercial real estate management and investment advisory firm Intersection announced the closing of escrow on La Place Court in Carlsbad on Feb. 12, 2020.  The office property is the second procured by the company for the Intersection Diversified Value Fund (IDVF), which provides investors with a portfolio of properties that have in-place cash flow and high potential for appreciation. La Place Court offers 81,965 square feet of office space on a 4.58-acre campus with two office buildings.  Historically, the property has maintained a high occupancy, and as of closing, 90% of the property is leased. Intersection acquired La Place Court from Swift Real Estate Partners, represented by Louay Alsadek, for approximately $15.8 million.  Financing was completed by CBRE Capital...

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