Day: February 18, 2020

All amounts are in United States dollars, unless otherwise stated.TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its updated Mineral Reserves and Resources as of December 31, 2019. For a detailed summary of Mineral Reserves and Resources by project, refer to the tables below.HighlightsIsland Gold’s Mineral Reserves and Resources increased by a combined 921,000 ounces, net of mining depletion, including:21% increase in Proven and Probable Mineral Reserves to 1.22 million ounces (3.6 million tonnes (“mt”) grading 10.37 grams per tonne of gold (“g/t Au”)), net of mining depletion46% increase in Inferred Mineral Resources to 2.30 million ounces (5.4 mt grading 13.26 g/t Au) with grades also increasing 13% reflecting higher grade additions in Island EastCombined...

AUBURN, Alabama, Feb. 18, 2020 (GLOBE NEWSWIRE) — Auburn National Bancorporation, Inc. (the “Company”) (Nasdaq: AUBN), the parent company of AuburnBank (the “Bank”), announced that Laura Cooper was appointed on February 11, 2020 to the Boards of Directors of the Company and the Bank.  “We are delighted to have Ms. Cooper join our team of Directors,” said Robert W. Dumas, Chairman, President and CEO of the Company.  “She will bring valuable perspective and experience to our Board.” Ms. Cooper currently serves as the Executive Director for the Lee County Youth Development Center, a local non-profit that offers a broad continuum of services and care for youth and families.   She is a licensed social worker in the State of Alabama and received her B.S. in Human Sciences and Family Development from the University of Alabama and her Master’s...

EDINBURG, Va., Feb. 18, 2020 (GLOBE NEWSWIRE) — Shenandoah Telecommunications Company (“Shentel” or “Company”) (NASDAQ:SHEN) announces reporting segment changes which align with how the Company’s CEO and chief operating decision maker (“CODM”) allocates resources and evaluates operating performance. These changes follow an organizational shift during 2019 from a business line to a functional structure, better delineate between key products, and better enable peer comparisons by both the Company’s CODM and investors.As summarized below, Shentel’s Tower segment will be separated from its legacy Wireless segment, while the legacy Cable and Wireline segments will be combined into a new Broadband segment.

Klövern has acquired all the units of a co-op owning a 14-story residential building in Manhattan. The building, encompassing approximately 8,300 sq.m, has the address 417 Park Avenue and is located at the corner of Park Avenue and East 55th Street.The acquisition is done in collaboration with the locally based property developer GDSNY. Each of the 29 unit holders sold their units to the Klövern/GDSNY partnership by individual contracts of sale. The total purchase price for all the units adds up to USD 184 million, corresponding to around SEK 1,785 million.Klövern and GDSNY are evaluating future development of the property.“We are excited to continue adding premium assets in New York with our partners GDSNY. This is the fourth project property we acquire in Manhattan, following two acquisitions in 2018 and one acquisition in 2019”,...

Klövern har förvärvat alla andelarna i en bostadsrättsförening (English: co-op) som äger en 14 våningar hög bostadsbyggnad på Manhattan. Byggnaden, som omfattar cirka 8 300 kvm, har adressen 417 Park Avenue och ligger i hörnet av Park Avenue och East 55th Street.Förvärvet görs i samarbete med den lokalt baserade fastighetsutvecklaren GDSNY. Var och en av de 29 andelsägarna sålde sina andelar till Klövern/GDSNY genom enskilda försäljningskontrakt. Den totala köpeskillingen för alla andelarna summerar till 184 miljoner USD, motsvarande 1 785 miljoner SEK.Klövern och GDSNY utvärderar en framtida utveckling av fastigheten.”Vi är exalterade över att kunna fortsätta addera premiumtillgångar i New York med våra partners GDSNY. Det här är den fjärde projektfastigheten vi förvärvar på Manhattan, efter två förvärv under 2018 och ett förvärv under...

CALGARY, Alberta, Feb. 18, 2020 (GLOBE NEWSWIRE) — High Arctic Energy Services Inc. (HWO.TO) (“High Arctic” or the “Corporation”) announces the departure of its Chief Financial Officer, Jim Hodgson effective February 14th 2020. The Board would like to take this opportunity to express its gratitude to Mr. Hodgson for his efforts and contribution during his tenure with the Company. We wish him the best with his future endeavors.High Arctic is pleased to announce that Mr. Christopher (Chris) Ames, has agreed to accept the appointment of Vice President of Finance and Interim Chief Financial Officer.Mr. Ames is a CPA, CA and previously held a number of senior finance positions at Precision Drilling over a 20-year period before he left to become an independent financial consultant assisting companies with financial, strategic planning...

FLORENCE, Ky., Feb. 18, 2020 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today plans to invest $5.6 million to replace the existing track at Turfway Park (“Turfway”) with a new Tapeta synthetic track, one of the world’s leading surfaces for racing and training, through an agreement with Tapeta Footings, Inc. (“Tapeta”). The removal of Turfway’s existing Polytrack and installation of the new Tapeta synthetic track will take place immediately following the close of Turfway’s Winter/Spring Meet on March 28 and is expected to be ready for the 2020 Holiday Meet beginning on Dec. 2.CDI owns and operates three of the four synthetic tracks in the United States while Turfway will become only the third track in America to use the state-of-the-art Tapeta synthetic surface, joining CDI-owned Presque Isle...

BROOKFIELD NEWS, Feb. 18, 2020 (GLOBE NEWSWIRE) — Brookfield Asset Management Inc. (“Brookfield”) (TSX: BAM.A, NYSE: BAM) today announced the pricing of its previously announced public offering of notes due 2050 (the “notes”). The size of the offering will be US$600 million.The notes will have a coupon of 3.450% and will be issued at a price equal to 99.058% of their face value for an effective yield of 3.501%. The notes will be issued by Brookfield Finance LLC, an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield. The net proceeds from the sale of the notes will be used to redeem all of the outstanding Cdn$350 million aggregate principal amount of 5.30% notes due March 1, 2021 issued by Brookfield and the remainder for general corporate purposes. The offering is expected...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.LONDON, Ontario, Feb. 18, 2020 (GLOBE NEWSWIRE) — Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA) (OTCQX:NDVAF) is pleased to announce that further to its press release dated December 11, 2019, the Company has entered into a licensing and manufacturing agreement (the “Agreement“) with Dycar Pharmaceuticals Ltd. (“Dycar“). Pursuant to the Agreement, Dycar will immediately provide Indiva with non-dilutive financing of $3.6 million, $500,000 of which has been previously advanced, and an additional $4.5 million of non-dilutive financing over two instalments. Such amounts will be used to finance the production and distribution, by Indiva, of certain Dycar-branded cannabis products (the “Dycar Products“)....

OAKLAND, Calif., Feb. 18, 2020 (GLOBE NEWSWIRE) — California BanCorp (OTCQX:CALB), the holding company for California Bank of Commerce (CBC), today announced that Frank L. Muller has joined the bank’s Board of Directors.Muller joins the board as a respected business leader in the Sacramento Valley with an extensive background in business and agriculture. He is the owner of M Three Ranches, LLC in Woodland, California and was the previous President of Muller Ranch, LLC.“We are pleased to have Frank join us,” said Steve Cortese, Chairman of the Board of Directors. “As the bank expands its presence throughout Northern California, his familiarity and knowledge of the region’s economy will be tremendously beneficial.”For more than 20 years, Muller has served on the Board of Directors for Pacific Coast Producer, including as Chairman...