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Month: February 2020

Eloro Resources Grants Stock Options

TORONTO, Feb. 18, 2020 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro”) announces the grant of options to directors, officers, employees and consultants to purchase an aggregate of 1,755,000 common shares of Eloro, exercisable at $0.40 per share at any time on or before February 18, 2025. The grant is subject to TSX Venture Exchange acceptance and is made in accordance with and subject to the terms of Eloro’s stock option plan. In accordance with securities regulatory requirements, any shares issued pursuant to the exercise of such options will be subject to a resale restriction for a period of four months from the date of the grant.About Eloro Resources Ltd.Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Peru and Quebec. Eloro owns an 82% interest...

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Lightspeed Launches Bought Deal Offering of Subordinate Voting Shares

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMONTREAL, Feb. 18, 2020 (GLOBE NEWSWIRE) — Lightspeed POS Inc. (“Lightspeed” or the “Company”) (TSX: LSPD) today announced that it and certain of its shareholders, namely Caisse de dépôt et placement du Québec (“Caisse”), Investissement Québec (“IQ”) and Inovia Capital (through entities controlled by them) (“Inovia” and, together with Caisse and IQ, the “Selling Shareholders”), have entered into an agreement with an underwriting syndicate led by BMO Capital Markets and National Bank Financial Inc. (collectively, the “Underwriters”) to complete a new issue and secondary offering (the “Offering”), on a bought deal basis, of an aggregate of 6,711,000 subordinate voting shares at a purchase price of C$37.30 per subordinate voting share for aggregate...

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Trimedyne Reports Its Financial Results for the Quarter Ending on December 31, 2019

Irvine, CA, Feb. 18, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — TRIMEDYNE, INC. (OTCPINK “TMED”) today reported its financial results for its quarter ending on December 31, 2019.For the Quarter Ended December 31, 2019, Trimedyne had revenues of $868,000, a decrease of 27% from revenues of $1,188,000 for the prior year quarter.  As a result of this decrease, we had a net loss for the current quarter of $63,000 or $0.51 per share, as compared to a net loss of $31,000 or $0.25 per share for the prior year quarter. Cash and equivalents increased by $171,000 as compared to the prior year ended September 30, 2019, primarily due to the receipt of customer deposits for future orders.Commenting on the financial results for the quarter, Glenn D. Yeik., Interim Chairman of Trimedyne, said: “The quarter ended December 31, 2019 was a particularly...

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Media Advisory: Bombardier CEO and CFO to speak at Barclays Industrial Select Conference on February 19, 2020

MONTRÉAL, Feb. 18, 2020 (GLOBE NEWSWIRE) — Bombardier (TSX: BBD.B) announced today that its President and Chief Executive Officer, Alain Bellemare, and its Senior Vice President and Chief Financial Officer, John Di Bert, will speak at the Barclays Industrial Select Conference in Miami, Florida on Wednesday, February 19, at 1:50 p.m. EST

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Invitation aux médias : Le président et le chef de la direction financière de Bombardier prendront la parole à la conférence « Barclays Industrial Select Conference » le 19 février

MONTRÉAL, 18 févr. 2020 (GLOBE NEWSWIRE) — Bombardier (TSX : BBD.B) a annoncé aujourd’hui que son président et chef de la direction, Alain Bellemare, ainsi que son vice-président principal et chef de la direction financière, John Di Bert, prendront la parole à Miami, en Floride, dans le cadre de la conférence « Barclays Industrial Select Conférence » mercredi 19 février 2020 à 13 h 50 (HNE).

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Vornado Announces Fourth Quarter 2019 Financial Results

NEW YORK, Feb. 18, 2020 (GLOBE NEWSWIRE) — VORNADO REALTY TRUST (NYSE: VNO) reported today:Quarter Ended December 31, 2019 Financial ResultsNET INCOME attributable to common shareholders for the quarter ended December 31, 2019 was $193,217,000, or $1.01 per diluted share, compared to $100,494,000, or $0.53 per diluted share, for the prior year’s quarter. Adjusting for the items that impact period-to-period comparability listed in the table on the following page, net income attributable to common shareholders, as adjusted (non-GAAP) for the quarters ended December 31, 2019 and 2018 was $56,381,000 and $49,436,000, or $0.29 and $0.26 per diluted share, respectively.FUNDS FROM OPERATIONS (“FFO”) attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended December 31, 2019 was $311,876,000,...

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Valero Energy Corporation Will Attend the Bank of America Merrill Lynch Refining Conference

SAN ANTONIO, Feb. 18, 2020 (GLOBE NEWSWIRE) — Valero Energy Corporation (NYSE: VLO) (“Valero”) announced today that members of company management will attend the Bank of America Merrill Lynch Refining Conference on Wednesday, March 11, 2020.   About ValeroValero Energy Corporation, through its subsidiaries (collectively, “Valero”), is an international manufacturer and marketer of transportation fuels and petrochemical products. Valero is a Fortune 50 company based in San Antonio, Texas, and it operates 15 petroleum refineries with a combined throughput capacity of approximately 3.1 million barrels per day and 14 ethanol plants with a combined production capacity of 1.73 billion gallons per year. The petroleum refineries are located in the United States (U.S.), Canada and the United Kingdom (U.K.), and the ethanol plants are located...

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Sierra Pacific Windows Acquires Semco Window and Doors’ Assets

MEDFORD, Wis., Feb. 18, 2020 (GLOBE NEWSWIRE) — Sierra Pacific Windows announced today that the company has reached an agreement to acquire the assets of Merrill, Wisconsin-based Semco Windows and Doors. Sierra Pacific, which already has operations in Merrill, acquired Semco’s 275,000 square foot, main manufacturing facility, along with all production equipment. The added space and equipment will allow Sierra Pacific to expand its production capacity to keep up with growing nationwide demand for its wood and vinyl products.“The purchase of these assets will pave the way for some much-needed additional production capacity in both our wood and vinyl product lines,” said President Tom Takach. “The newly acquired manufacturing space represents an additional 25 percent square footage, beyond our existing 1.1 million square feet.  While...

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Gulf Island Announces Date for Fourth Quarter 2019 Results and Conference Call

HOUSTON, Feb. 18, 2020 (GLOBE NEWSWIRE) — Gulf Island Fabrication, Inc. (“Gulf Island” or the “Company”) (NASDAQ: GIFI) will report fourth quarter 2019 results after the market close on Wednesday, March 4, 2020.The Company will host a conference call on Wednesday, March 4, 2020, at 4:00 p.m. Central Time (5:00 p.m. Eastern Time). On the call, Richard Heo, President and CEO, and Westley Stockton, Executive Vice President and CFO, will review the Company’s financial results.The call will be available by webcast and can be accessed on Gulf Island’s website at http://www.gulfisland.com. Participants may also join the call by calling 1.800.367.2403 and requesting the “Gulf Island” conference call.  A replay of the webcast will be available on the Company’s website for seven days after the call.About Gulf IslandGulf Island is a...

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Fortress Transportation and Infrastructure Investors LLC to Participate in the J.P. Morgan 2020 Global High Yield & Leveraged Finance Conference

NEW YORK, Feb. 18, 2020 (GLOBE NEWSWIRE) — Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) (the “Company”) today announced that Joe Adams, FTAI Chief Executive Officer, will present at the J.P. Morgan 2020 Global High Yield & Leveraged Finance Conference at 9:40AM (ET) on Tuesday, February 25, 2020 at the Loews Miami Beach hotel.Interested investors may access the Company’s presentation materials posted in the Investor Relations section of the Company’s website, www.ftandi.com.About Fortress Transportation and Infrastructure Investors LLCFortress Transportation and Infrastructure Investors LLC owns and acquires high quality infrastructure and equipment that is essential for the transportation of goods and people globally. FTAI targets assets that, on a combined basis, generate strong and stable cash flows...

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