Day: March 18, 2020
(all in US$ unless otherwise noted)VANCOUVER, British Columbia, March 18, 2020 (GLOBE NEWSWIRE) — Alio Gold Inc. (TSX, NYSE AMERICAN: ALO) (“Alio Gold” or the “Company”) today reported its fourth quarter and year end 2019 results.2019 Overview and Recent Key Developments 2019 Full-Year Consolidated Gold production1 of 78,838 ounces at cash costs1,2 of $1,185/oz.Announced the sale of the San Francisco Mine to Magna Gold Corp. (“Magna Gold”) on March 6, 2020.Florida Canyon Q4 2019 operational metrics significantly improved, achieving record quarterly processing rates, and the lowest total per tonne operating cost since acquiring the mine.2020 guidance for Florida Canyon of between 60,000 and 70,000 ounces of gold production1 at cash costs1,2 between $975/oz and $1,075/oz.Cash and cash equivalents of $16.6 million, and net working capital3...
Harley-Davidson Temporarily Suspending U.S. Production
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Milwaukee, March 18, 2020 (GLOBE NEWSWIRE) — Since late January, Harley-Davidson, Inc. (“Harley-Davidson”) (NYSE:HOG) has been assessing the coronavirus (COVID-19) situation and taking proactive measures in the interest of health and safety of its employees, dealers and consumers. Its most recent measures include temporarily suspending the majority of production at its U.S. manufacturing facilities beginning this evening, March 18, through March 29 to help support employee health and further bolster coronavirus containment efforts. Facilities temporarily suspending production are York Vehicle Operations in Pennsylvania and Wisconsin facilities Tomahawk Operations and Pilgrim Road Powertrain Operations. “We recognize the unprecedented nature of this global crisis. In order to best support our employees and following the social distancing...
LATAM Airlines Group Announces Filing of 2019 Annual Report on Form 20-F
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Santiago, Chile, March 18, 2020 (GLOBE NEWSWIRE) — LATAM Airlines Group S.A. and its affiliates, (“LATAM Airlines Group” or “the Company”) (NYSE: LTM / IPSA: LTM), the leading airline group in Latin America, today announced today that the Company has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 (the “2019 Annual Report”) with the U.S. Securities and Exchange Commission (the “SEC”).The 2019 Annual Report can be accessed by visiting either the SEC’s website at www.sec.gov or the Company’s website at www.latamairlinesgroup.net.In addition, shareholders may receive a hard copy of the Company’s complete audited financial statements free of charge by requesting a copy within a reasonable period of time from LATAM Airlines Group Investor Relations Office.AttachmentsLATAM...
Interfor Announces Initiatives to Address Prevailing COVID-19 Environment
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Capital Expenditure Reductions in 2020 and 2021Production Curtailments in All RegionsVANCOUVER, British Columbia, March 18, 2020 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) today announced it will implement a number of initiatives in order to adjust its business to operating conditions being impacted by COVID-19. “We are very focused on ensuring the health and safety of our employees as well as adapting to the evolving market conditions,” said Ian Fillinger, Interfor’s President and Chief Executive Officer. “In addition, Interfor will remain disciplined in its approach to capital deployment as it focuses on retaining a strong capital structure.”The two primary initiatives are:Capital Expenditure ReductionsInterfor’s multi-year strategic capital projects are structured in a manner that provides...
CORRECTION — Diffusion Pharmaceuticals Reports 2019 Financial Results and Provides Business Update
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$16.2 Million in Gross Proceeds RaisedNow Enrolling in Acute Stroke TrialGBM Data PresentedNew Board AppointmentCHARLOTTESVILLE, Va., March 18, 2020 (GLOBE NEWSWIRE) — In the news release issued on March 17, 2020 by Diffusion Pharmaceuticals Inc. (Nasdaq: DFFN) under the same headline, please note that the third statement by the company’s chairman and chief executive officer, David Kalergis, has been clarified. All other data remains the same. The full, corrected release follows.Diffusion Pharmaceuticals Inc. (Nasdaq: DFFN), a cutting-edge biotechnology company developing new treatments for life-threatening medical conditions by improving the body’s ability to bring oxygen to the areas where it is needed most, today reported financial results for 2019 and provided a business update.Recent business highlights include the following:Commenced...
NaturalShrimp, Inc. CEO Issues Letter to Shareholders
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Dallas, Texas, March 18, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — NaturalShrimp, Inc. (SHMP), the aquaculture Company that has developed and patented the first commercially-operational RAS for shrimp, has issued the following letter to shareholders from its CEO Gerald Easterling:Dear Fellow Shareholders:As many of you are now aware, our shrimp family has been dealt a blow in already uncertain times. We are sad to report this morning that a fire has destroyed the main building at our La Coste, TX facility. The main building housed our nursery, grow-out tanks, and EC machinery. Luckily, the fire did not affect our offices, greenhouse, or maintenance buildings. It is believed at this time that the fire was caused by a natural gas leak near the boiler room. The fire marshal is conducting an investigation and we will report the...
CBTX, Inc. Declares Quarterly Dividend and Suspends Repurchase Program
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HOUSTON, March 18, 2020 (GLOBE NEWSWIRE) — CBTX, Inc. (Nasdaq: CBTX), the bank holding company for CommunityBank of Texas N.A., today announced that its Board of Directors declared a quarterly cash dividend in the amount of $0.10 per share of common stock. The dividend will be payable on April 15, 2020 to shareholders of record as of the close of business on April 1, 2020.In addition, CBTX, Inc. today announced that it has temporarily suspended its share repurchase program in light of the challenges presented by the COVID-19 pandemic and surrounding events. CBTX, Inc. believes that it remains strong and well-capitalized, and the Company may reinstate the share repurchase program in the future.The Company repurchased 240,445 shares of common stock during the first quarter of 2020 for an aggregate purchase price of approximately $5.4...
Enerflex Announces Correction to Capital Expenditure, Dividend, and Operational Update Press Release
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CALGARY, Alberta, March 18, 2020 (GLOBE NEWSWIRE) — In the press release dated March 17, 2020, Enerflex Ltd. (TSX:EFX) (“Enerflex” or “the Company”) stated that “The quarterly dividend of $0.110/share declared on February 20, 2020 will be paid as planned on April 2, 2020.” Today, the Company clarified that the quarterly dividend declared on February 20, 2020 and to be paid on April 2, 2020 is $0.115/share, not $0.110/share as was indicated in the March 17 press release. About EnerflexEnerflex Ltd. is a single source supplier of natural gas compression, oil and gas processing, refrigeration systems, and electric power generation equipment – plus related engineering and mechanical service expertise. The Company’s broad in-house resources provide the capability to engineer, design, manufacture, construct, commission, operate, and...
Banco Santander-Chile: Announces Annual Shareholder’s Meeting and Dividend Proposal
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SANTIAGO, Chile, March 18, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today that it has agreed to summon the annual shareholders meeting on April 21, 2020. Among the items to be submitted for shareholder vote will be the annual dividend proposal of Ch$1.75782621 per share, corresponding to 60% of 2019 net income attributable to shareholders. With this proposal, the current dividend yield is 6.6%, considering the share price at the close of the Chilean stock market today.Banco Santander Chile is the largest Bank in Chile in terms of assets, loans and equity. As of December 31, 2019, we had total assets of Ch$50,578,246 million (U.S.$67,675 million), outstanding loans net of allowances for loan losses of Ch$31,823,735 million (U.S.$42,581 million), total deposits...
Two day extension of AGM Record Date for ADS holders
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Two day extension of AGM Record Date for ADS holdersAs reported, ING has scheduled its Annual General Meeting for Tuesday 28 April 2020. Next to shareholders, also holders of American Depositary Shares (ADS) are eligible to attend the meeting and to exercise voting rights. They can do so if they are holders on the US Record Date, which is 27 March 2020. ING earlier reported a US Record Date of 25 March 2020. The relevant documents have been updated to reflect the correct date and are available at www.ing.com/Investor-relations/Shareholders-meeting/ADS-holders-page.htm.The Registration Date for holders of ordinary shares is, as reported earlier, 31 March 2020. The full details of all AGM proposals are included in the proxy materials for ING’s 2020 AGM, which are available at www.ing.com/agm.Note for editorsFor further information on ING,...