Month: February 2020

BoStad A/S – Nedjustering af forventningerne til resultatet for 2019/2020Baseret på de nedenfor oplistede forhold nedjusterer BoStad A/S (”selskabet”) sine forventninger til resultatet for regnskabsåret 2019/2020.For regnskabsåret 2019/2020 forventede selskabet tidligere et overskud før skat og værdireguleringer i størrelsesordenen DKK 20-24 mio. Selskabets ændrede resultatforventning er et resultat før skat og værdireguleringer i størrelsesordenen DKK 7-10 mio.Resultatforventningen er baseret på en forudsætning om løbende frasalg, primært af koncernens erhvervsejendomme, med et ønske om at fokusere, investere i og skalere koncernens boligportefølje samt fortsat forbedring og vedligeholdelse af boligporteføljen.Selskabets ændrede forventning til resultatet for regnskabsåret 2019/2020 er baseret på følgende forhold:Forventede øgede omkostninger...

VANCOUVER, British Columbia, Feb. 18, 2020 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) is pleased to announce financial results for the three and twelve months ended December 31, 2019.  Full Financial Statements and Management Discussion & Analysis documents can be found at www.sedar.com and the Company’s website, www.calibremining.com.  All figures are in United States dollars, unless otherwise stated.FOURTH QUARTER 2019 AND 2019 HIGHLIGHTSDelivered on cost guidance for the fourth quarter with all-in sustaining costs (“AISC”)1 at El Limon, La Libertad and Consolidated at $928/oz, $889/oz and $959/oz, respectively;Delivered on production guidance at El Limon with fourth quarter production of 15,440 ounces of gold;Delivered on production guidance at La Libertad with fourth quarter...

TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) — DREAM HARD ASSET ALTERNATIVES TRUST (TSX: DRA.UN) (“Dream Alternatives”, “we” or the “Trust”) today reported its financial results for the three months and year ended December 31, 2019.For the three months ended December 31, 2019, the Trust reported net income of $19.9 million up significantly from $7.0 million in the comparative period. The increase of $12.9 million was attributable to an increase in net fair value gains of $20.6 million in the period, primarily due to an increase in value of 49 Ontario Street, due to the asset’s redevelopment potential. Additionally, during the three months ended December 31, 2019, the Trust recognized an increase of $7.4 million of income from equity accounted investments, which was primarily driven by net fair...

VANCOUVER, British Columbia, Feb. 18, 2020 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) today announced it has priced US$50 million in long-term debt financing with Prudential Capital Group. The senior secured notes will carry an annual interest rate of 3.34% and have a final maturity in 2030. The financing is expected to close in March and the proceeds will be used for general corporate purposes.“This transaction will further strengthen our financial position by locking in additional long-term debt at a very attractive interest rate,” said Mike Standbrook, Vice President and Corporate Treasurer at Interfor. “Following completion of this financing, Interfor’s long-term debt will have a weighted average interest rate of 4.24% with maturities that are primarily in the years 2024-2030.”FORWARD-LOOKING...

KANSAS CITY, Mo., Feb. 18, 2020 (GLOBE NEWSWIRE) — Cerner Corporation (NASDAQ: CERN) today announced the appointment of Don Trigg to President and John Peterzalek to Chief Client and Services Officer.“I want to congratulate Don and John on their expanded roles,” said Brent Shafer, chairman and CEO, Cerner. “These appointments, along with other enhancements we are making to Cerner’s leadership structure to create better alignment and accountability, will build on the progress we’ve made since launching Cerner’s new operating model in 2019 to align more closely with our clients’ strategic objectives and position Cerner for long-term growth.”Don will be responsible for Clinical EHR, Revenue Cycle Management and Strategic Growth businesses, which include Real-Time Health Systems, Health Networks, Data-as-a-Service, Long-Term and Post-Acute...

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...