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Month: February 2020

THEMAC Resources Group Ltd Announces Update of Project Economics and Permitting for Copper Flat Project

VANCOUVER, British Columbia, Feb. 28, 2020 (GLOBE NEWSWIRE) — THEMAC Resources Group Limited (TSX VENTURE:MAC) (“THEMAC” or the “Company”) announced today an update of project economics and permitting for the Copper Flat Mine Project in Sierra County, New Mexico, USA.  A technical report titled “Copper Flat Project, Form NI 43-101F1 Technical Report Project Feasibility Study Update” meeting the CIM definitions for a feasibility study to support this announcement is being prepared by M3 Engineering & Technology Corporation in Tucson, Arizona.  The Technical Report will be issued within 45 days of the date of this news release. When complete, the Report will be available on SEDAR (www.sedar.com) and on the Company’s website (www.themacresourcesgroup.com). All amounts and quantities presented in this report are stated in United...

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Gulf Resources Announces the Receipt of Governmental Notification to Resume Production for Its Bromine Facilities

SHOUGUANG, China, Feb. 28, 2020 (GLOBE NEWSWIRE) — Gulf Resources, Inc. (Nasdaq: GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China today announced that it has received a notification from the government of Shouguang City, pursuant to which the Company’s bromine facilities has been allowed to resume production.On November 25, 2019, the government of Shuoguang City issued a notice ordering all bromine facilities in Shouguang City, including the Company’s bromine facilities, to temporarily stop production from December 16, 2019 to February 10, 2020. Subsequently, due to the coronavirus outbreak in china, the local government ordered those bromine facilities to postpone  the commencement of production.The Company has received an approval...

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Canada Carbon Announces Warrant Extension

MISSISSAUGA, Ontario, Feb. 28, 2020 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the “Company“) (TSX-V: CCB announces that the Company will be extending the exercise period of a total of 5,930,000 share purchase warrants, all of which are exercisable at $0.30 per share (collectively, the “Warrants“). The Warrants were issued pursuant to a private placement which closed over two tranches in April 2017. The Company proposes to extend the expiry dates for all Warrants by one (1) year, and accordingly, the new expiry dates for the Warrants are as follows:Tranche 1: For Warrants issued on April 12th, 2017, the new expiration date of those Warrants will be April 12, 2021. Tranche 2: For Warrants issued on April 26th, 2017, the new expiration date for those Warrants will be April 26, 2021.All other terms and conditions...

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Constellation Brands to Live Stream Investor Presentation on March 4, 2020

VICTOR, N.Y., Feb. 28, 2020 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Paul Hetterich, president, beer division, Jim Sabia, chief marketing officer, and other members of the beer management team will present on Wednesday, March 4, 2020, in Las Vegas, Nevada at Caesars Palace. The presentation is scheduled to begin at 9:00 a.m. PST and is primarily expected to cover the beer division’s strategic business initiatives, financial metrics, and operating performance, as well as outlook for the future. Bill Newlands, chief executive officer, will be giving an introduction to the presentation where he will additionally provide an update on the pending Wine and Spirits Transactions.A video live stream presentation will be available on the company’s YouTube...

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SEACOR Holdings Announces Results for the Year and Fourth Quarter Ended December 31, 2019

FORT LAUDERDALE, Fla., Feb. 28, 2020 (GLOBE NEWSWIRE) — SEACOR Holdings Inc. (NYSE:CKH) (the “Company”) today announced its results for the year and fourth quarter ended December 31, 2019:Net income attributable to stockholders for the year ended December 31, 2019 was $26.8 million ($1.38 per diluted share) compared with $58.1 million ($3.04 per diluted share) for the year ended December 31, 2018.  The prior year benefited from a net gain of $42.6 million ($2.18 per diluted share) related to the sale of the Company’s interest in Hawker Pacific Airservices (“Hawker”).Net loss attributable to stockholders for the quarter ended December 31, 2019 was $1.9 million ($0.10 per diluted share) compared with $4.7 million ($0.26 per diluted share) for the quarter ended December 31, 2018.  The prior year quarter benefited...

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Pool Corporation Declares Quarterly Cash Dividend

COVINGTON, La., Feb. 28, 2020 (GLOBE NEWSWIRE) — Pool Corporation (NASDAQ/GSM:POOL) announced today that its Board of Directors (the Board) declared a quarterly cash dividend of $0.55 per share.  The dividend will be payable on March 26, 2020, to holders of record on March 12, 2020.Pool Corporation is the world’s largest wholesale distributor of swimming pool and related backyard products.  POOLCORP operates approximately 375 sales centers in North America, Europe, and Australia through which it distributes more than 200,000 national brand and private label products to roughly 120,000 wholesale customers.  For more information about POOLCORP, please visit www.poolcorp.com.CONTACT:Curtis J. ScheelDirector of Investor Relations985.801.5341curtis.scheel@poolcorp.com

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KLX Energy Services Schedules Fourth Quarter and Full Year Earnings Release and Conference Call

WELLINGTON, Fla., Feb. 28, 2020 (GLOBE NEWSWIRE) — KLX Energy Services Holdings, Inc. (“KLX Energy Services”) (NASDAQ:KLXE) will issue its financial results for the fourth quarter and full year ended January 31, 2020 prior to the opening of the NASDAQ Stock Market on Monday, March 9, 2020 and will hold a conference call to discuss the results at 9:00 a.m. Eastern Time on Monday, March 9, 2020.  A live audio broadcast of the conference call, along with a supplemental presentation, will be available on the investor relations page of the KLX Energy Services website at www.KLXEnergy.com.About KLX Energy ServicesKLX Energy Services is a leading U.S. onshore provider of mission critical oilfield services focused on completion, intervention and production activities for the most technically demanding wells. KLX Energy Services’ experienced...

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European Energy A/S posts impressive 2019 result

Company Announcement 2/2020 (28 February 2020)European Energy delivered an impressive result for 2019, as the Group’s EBITDA totalled EUR 44.3 million (+32%) and the profit before tax was EUR 37.4 million (+44%), this compared to an EBITDA of EUR 33.6 million and profit before tax of EUR 25.9 million in 2018.  The return on equity for the year reached 31.5%.Knud Erik Andersen, CEO of European Energy Group, said:“We are very pleased with the year. Our business experienced growth on all parameters. This is underlined by the increasing awareness in society that replacing fossil energy generation with renewable energy has the biggest impact on reducing CO2 emissions. To complement this, solar and wind are the cheapest, most easily scalable and fastest of all energy plants to construct. However, solar and wind’s current share of all global...

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Sterling Bancorp Announces New 20,000,000 Share Repurchase Authorization

MONTEBELLO, N.Y., Feb. 28, 2020 (GLOBE NEWSWIRE) — Sterling Bancorp (NYSE: STL), the parent company of Sterling National Bank, today announced that the Board of Directors approved a new authorization for the repurchase of up to an additional 20,000,000 of the company’s outstanding common stock. The repurchases will be made in the open market or through privately negotiated transactions, over time, depending on market conditions. The stock repurchase program may be modified, extended or terminated at any time by the Board of Directors. Sterling Bancorp had approximately 198.0 million shares of common stock outstanding as of February 27, 2020, per the company’s annual report on Form 10-K for the year ended December 31, 2019.“This new authorization is consistent with our strategy of returning excess capital to our stockholders in a...

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Gold Resource Corporation Announces Fourth Quarter and Year-End 2019 Conference Call

Colorado Springs, CO, Feb. 28, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Gold Resource Corporation (NYSE American: GORO) (the “Company”) today announced the timing of its fourth quarter and year-end 2019 earnings conference call scheduled for Tuesday, March 3, 2020.  Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA.  The Company has returned $113 million back to its shareholders in consecutive monthly dividends since July 2010 and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.Conference CallGold Resource Corporation’s CEO Mr. Jason Reid will host the conference call Tuesday, March 3, 2020 at 11:00 a.m. Eastern Time.  Topics of discussion will include year-end results and an...

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