Month: March 2020

PETROTEQ ANNOUNCES ISSUANCE OF SECURITIES

SHERMAN OAKS, Calif., March 30, 2020 (GLOBE NEWSWIRE) — Petroteq Energy Inc. (“Petroteq” or the “Company”) ‎‎(TSXV:PQE; ‎OTC:PQEFF; FSE:PQCF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, announces that it has issued to an arm’s length lender a US$417,000 principal amount (including a 20% original issue discount) secured convertible debenture, and warrants exercisable for up to ‎4,906,250‎ common shares of the Company at US$0.15 per share for 48 months. The purchase price (US$392,500) for the securities, less fees and expenses, was advanced by the subscriber to Petroteq between December 13, 2019, and February 14, 2020. The debenture has a term of 48 months and bears interest at a rate of 10% per annum payable quarterly. At the option of...

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Knoll Responds to Evolving Covid-19 Environment with Road Map

EAST GREENVILLE, Pa., March 30, 2020 (GLOBE NEWSWIRE) — Knoll, Inc. (NYSE: KNL), a constellation of design-driven brands for the workplace and home, today announced a partial drawdown on its revolving credit facility and provided an update on its sales, distribution, customer service and manufacturing operations Covid-19 pandemic-related initiatives.Andrew Cogan, Knoll Chairman and CEO, stated, “With community health and well-being top-of-mind, we are continuing to support the needs of our associates with enhanced health and safety measures throughout our manufacturing facilities and warehouses to assure those working there are safe while at the same time following the appropriate government orders. Additionally, we are pursuing contingency plans to preserve cash and are taking necessary steps in this evolving environment to manage...

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Global Atomic Announces 2019 Results

TORONTO, March 30, 2020 (GLOBE NEWSWIRE) — Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, FRANKFURT: G12, OTCQX: GLATF) the multi-asset development company with cash flow from the BST facility in Turkey and one of the world’s premium uranium development assets, at the Dasa Project in the Republic of Niger is pleased to announce its operating and financial results for the year ended December 31, 2019.HIGHLIGHTSDasa Project trade-off studies completed with results recommending a Phase One, twelve-year development with a high-grade underground mine plan and a standalone processing plantOptimized Preliminary Economic Assessment of the Phase One plan for Dasa will be released in Q2, 2020Environmental Impact and Hydrogeology Studies are underway for inclusion in the Final Technical Report for the Government of...

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JCDecaux to acquire a minority stake in Clear Media Limited as part of a consortium of investors

JCDecaux to acquire a minority stake in Clear Media Limited as part of a consortium of investorsParis, March 31st, 2020 – JCDecaux SA (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces to acquire a minority stake, through its wholly owned subsidiary JCDecaux Innovate incorporated in Hong Kong, in a consortium of investors which formed a special purpose vehicle (“Offeror”) to make a voluntary conditional cash offer to acquire all of the shares in the entire issued share capital of Clear Media Limited (“Clear Media”), a company listed on the Hong Kong Stock Exchange.The offer price of HK$7.12 per share represents a total value of approximately HK$3,857 million for all Clear Media’s outstanding shares, of which 23% or HK$887 million will be funded by JCDecaux.The consortium composes of Mr. Han Zi Jing,...

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JCDecaux annonce l’acquisition d’une participation minoritaire dans Clear Media Limited, au sein d’un consortium d’investisseurs

 JCDecaux annonce l’acquisition d’une participation minoritaire dans Clear Media Limited, au sein d’un consortium d’investisseursParis, le 31 mars 2020 – JCDecaux SA (Euronext Paris : DEC), numéro un mondial de la communication extérieure, annonce l’acquisition d’une participation minoritaire, au travers de sa filiale JCDecaux Innovate basée à Hong-Kong, à un consortium d’investisseurs ayant constitué un véhicule ad hoc (« l’Initiateur ») afin de soumettre une offre publique d’achat conditionnelle pour acquérir la totalité des actions émises composant le capital de Clear Media Limited (« Clear Media »), cotée sur le Hong Kong Stock Exchange.Le prix de l’offre de 7,12 dollars hongkongais par action représente un montant total de 3 857 millions de dollars hongkongais pour l’ensemble des actions de Clear Media, dont 23%, soit 887 millions...

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Celestica Announces Change of Location for 2020 Annual Shareholders’ Meeting

TORONTO, March 30, 2020 (GLOBE NEWSWIRE) — Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced that due to public health and safety concerns related to the coronavirus disease 2019 (COVID-19) situation the location of the Annual Meeting of Shareholders of Celestica has been changed to the company’s head office at 5140 Yonge Street, Suite 1900, Toronto, Ontario. As previously announced, the meeting will be held on Wednesday, April 29, 2020 at 9:30 a.m. EDT.Due to government orders concerning the maximum size of public gatherings or otherwise, the Corporation may be unable to admit shareholders to the meeting.  Shareholders planning to attend the meeting should check applicable governmental websites and the Corporation’s website prior...

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China Gold International Appoints New Chairman

VANCOUVER, British Columbia, March 30, 2020 (GLOBE NEWSWIRE) — China Gold International Resources Corp. Ltd. (TSX: CGG; HKEx: 2099) (the “Company” or “China Gold International Resources”) announces that its board of directors (the “Board”) has appointed Mr. Liangyou Jiang, Chief Executive Officer of the Company, as Chairman of the Board, effective from March 29, 2020, Vancouver time. Mr. Jiang joined the Company in 2010 and served as general manager of Tibet Huatailong Mining Development Co., Ltd. (“Huatailong”), a wholly owned subsidiary of the Company, responsible for supervising the production and operation of the large-scale Jiama Copper-Gold Polymetallic Mine and its Phase II expansion project.  In 2012, Mr. Jiang was promoted to Chairman of Huatailong.  In 2014, he was appointed to be Executive Director and Senior...

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Mandalay Resources Corporation Announces Filing of Annual Information Form and Updated NI 43-101 Technical Report For its Björkdal and Costerfield Project

TORONTO, March 30, 2020 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) announces that it has filed its Annual Information Form for the year ended December 31, 2019. The Annual Information Form can be accessed under the Company’s profile at www.sedar.com and on the Company’s website at www.mandalayresources.com.Mandalay has also filed an updated National Instrument 43-101 (“NI 43-101”) compliant Technical Report documenting its recent work at its Björkdal gold mine in Sweden and its Costerfield gold-antimony mine in Australia. These Technical Reports can be accessed under the Company’s profile at www.sedar.com and on the Company’s website at www.mandalayresources.com.The technical report in respect of Björkdal entitled “Technical Report...

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Amarin Comments on Ruling in VASCEPA® ANDA Litigation

DUBLIN, Ireland and BRIDGEWATER, N.J., March 30, 2020 (GLOBE NEWSWIRE) — Amarin Corporation plc (NASDAQ:AMRN) today commented on the United States District Court for the District of Nevada’s ruling in favor of the generic companies in the company’s patent litigation against two filers of abbreviated new drug applications, or ANDAs, for Amarin’s VASCEPA® (icosapent ethyl) capsule franchise. Based on Amarin’s review of U.S. Food and Drug Administration’s (FDA’s) website, an ANDA for VASCEPA has not been approved, which would be required for launch of a generic product in the United States. The company thus does not believe there is an impending generic launch by the litigants that would compete with VASCEPA at this time.“Amarin strongly disagrees with the ruling and will vigorously pursue all available remedies, including an appeal...

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China Gold International Reports Year-End 2019 Results and Provides 2020 Outlook

VANCOUVER, British Columbia, March 30, 2020 (GLOBE NEWSWIRE) — China Gold International Resources Corp. Ltd. (TSX: CGG; HKEx: 2099) (the “Company” or “China Gold International Resources”) is pleased to report 2019 Year-End results and provide 2020 Outlook.For a detailed look at the financial statements and MD&A for the year ended December 31, 2019, please visit SEDAR at www.sedar.com, The Stock Exchange of Hong Kong Limited’s website at www.hknews.hk, the Company’s website at www.chinagoldintl.com, call the Company at 604-609-0598 or email to info@chinagoldintl.com.FINANCIAL, PRODUCTION AND OPERATION HIGHLIGHTS2019 Fourth quarter highlightsRevenue remained consistent at US$162.3 million compared to US$163.0 million for the same period in 2018.Total gold production decreased by 18% to 52,075 ounces from 63,656 ounces for...

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