Day: March 23, 2020

OAK BROOK, Ill., March 23, 2020 (GLOBE NEWSWIRE) — A. M. Castle & Co. (OTCQX: CTAM) (the “Company” or “Castle”), a global distributor of specialty metal and supply chain solutions, today issued a reminder to holders of its 5.00%/7.00% Convertible Senior PIK Toggle Notes due 2022 (the “Existing Notes”) regarding the previously announced offer to exchange (the “Exchange Offer”) the Existing Notes for 3.00%/5.00% Convertible Senior PIK Toggle Notes due 2024 (the “New Notes”) and shares of its common stock.The Exchange Offer will expire at 5:00 p.m., Eastern Time, on March 26, 2020, unless extended.The Exchange Offer is subject to the conditions described in the registration statement (the “Registration Statement”) on Form S-4 filed by the Company in connection with the Exchange Offer on February 27, 2020,...

EL SEGUNDO, Calif., March 23, 2020 (GLOBE NEWSWIRE) — A-Mark Precious Metals, Inc. (NASDAQ: AMRK), a leading full-service provider of products and services to the global precious metals market, has strengthened its trading team with the appointment of Justin Blatti as the company’s new vice president of trading. Blatti will report to A-Mark’s new head of global trading, Kevin Pelo, who was promoted earlier this month.Blatti brings to A-Mark more than 10 years of experience in precious metals and foreign exchange trading. Prior to joining A-Mark, Blatti was a senior precious metals and foreign exchange trader at Russell Investments, a global, multi-asset class investment manager, where he successfully led a foreign exchange trading team. Blatti also implemented various precious metals proprietary trading strategies at Russell to...

CHARLESTON, S.C., March 23, 2020 (GLOBE NEWSWIRE) — Carolina Financial Corporation (Nasdaq: CARO) (“Carolina Financial”) today provided notice that in addition to the physical location of its Special Meeting of Stockholders, relating to its merger with United Bankshares, Inc. (“United”), Carolina Financial is providing stockholders an alternative to physically attending the Special Meeting.Due to the emerging public health impact of the coronavirus outbreak (COVID-19) and out of an abundance of caution to support the health and well-being of Carolina Financial’s employees and stockholders, the Special Meeting will now include a virtual meeting format, via live webcast. Stockholders of record as of the close of business on February 10, 2020 can attend the virtual meeting via the internet at www.meetingcenter.io/299156389 by using...

SASKATOON, Saskatchewan, March 23, 2020 (GLOBE NEWSWIRE) — Cameco (TSX: CCO; NYSE: CCJ) announced today that it is temporarily suspending production at its Cigar Lake uranium mine in northern Saskatchewan and placing the facility in safe care and maintenance mode due to the threat posed by the Coronavirus (COVID-19) pandemic. There are no confirmed cases of COVID-19 among Cameco’s workforce at the present time.The operation will be ramped down over the coming days and placed into care and maintenance for four weeks. During this time, Cameco will assess the status of the situation and determine whether to restart the mine or extend the care and maintenance period.Cigar Lake ore is processed at Orano Canada Inc.’s McClean Lake mill, also located in northern Saskatchewan. The decision to suspend production at Cameco’s Cigar Lake mine...

TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (NEO:MLC) (“Mount Logan,” “our,” “we,” or the “Company”) will release its financial results for the year ended December 31, 2019 on Wednesday, March 25, 2020 following the close of the markets. The Company will host a conference call on Thursday, March 26, 2020 at 11:00 a.m. Eastern Time. Shareholders, prospective shareholders, and analysts are welcome to listen to the call.To register for the call and access dial-in information, please visit https://bit.ly/2QF4Nbv.About Mount Logan Capital Inc.

HUNTINGTON BEACH, Calif., March 23, 2020 (GLOBE NEWSWIRE) — BJ’s Restaurants, Inc. (NASDAQ: BJRI) (“the Company”) today announced a range of actions that management and the Board of Directors are implementing to enhance the Company’s liquidity given the business disruptions resulting from the efforts to contain the rapid nationwide spread of COVID-19 including the vast mandated self-quarantines and closures of non-essential business throughout the United States. These actions include the Board of Directors’ decision to defer the Company’s previously declared quarterly dividend payment of $0.13 per share of common stock payable March 24, 2020, for shareholders of record as of March 10, 2020. Payment of such dividend is being deferred until such time that the Board of Directors determines such payment is prudent in light of the Company’s...

TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — Today SmartCentres REIT (“SmartCentres”) (TSX:SRU.UN), one of the largest real estate companies in Canada, announced that it is offering rent-free use of a total of up to 1-million square feet of space in 200 shopping centres across the country, as well as its land, parking lots and signage, to all Canadian governments and health care authorities, effective immediately, to assist in their COVID-19 support efforts. SmartCentres properties are strategically located at major intersections in every province across the country, easily accessible to a large percentage of the Canadian population; “We have been in contact with Leadership in all Provinces,” said Mitchell Goldhar, Executive Chairman of SmartCentres.  The land and buildings offered can be used for drive-through and/or walk-in assessment...

SANTIAGO, Chile, March 23, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Santander Chile, in its extraordinary session held today, proposed to reschedule the Annual Shareholder’s Meeting for Thursday, April 30, and propose a new dividend distribution proposal in order to multiply its capacity to support clients during the Coronavirus crisis contingency.The President of the Board of Directors of Santander Chile, Claudio Melandri, explained that with this decision, and taking into account the economic contingency derived from Covid-19 pandemic, the Board decided to see what mechanisms were available to supports its clients. “All of the analysis on a global scale agree that the present situation requires renewed efforts from everyone involved so individuals, SMEs and companies in general, can count with the necessary support to...

HALIFAX, Nova Scotia and VANCOUVER, British Columbia, March 23, 2020 (GLOBE NEWSWIRE) — MegumaGold Corp. (CSE: NSAU, OTC: NSAUF, FWB: 2CM2) (“MegumaGold”) and Osprey Gold Development Ltd. (TSXV: OS) (“Osprey”) are pleased to announce that they have entered into a letter agreement (the “Agreement”) pursuant to which MegumaGold would acquire 100% of the issued and outstanding shares of Osprey via a business combination (the “Transaction”).The proposed Transaction would provide shareholders of both companies with:a natural district consolidation of Osprey’s properties including the Goldenville and Caribou projects, and MegumaGold’s extensive exploration land position;continued and increased exposure to Nova Scotia’s Meguma terrane;strengthened balance sheet;opportunities for operational and exploration synergies; andsignificantly strengthened...

Alex Schneiter, President and CEO of Lundin Petroleum AB (Lundin Petroleum) has written an open letter to shareholders in regard to current market conditions, measures taken to mitigate any impact from the current Covid-19 pandemic on operations and the resilience of the Company’s strategy and business model to low commodity prices.A full copy of the letter can be accessed through this link to the Company’s website:https://www.lundin-petroleum.com/investors/letter-to-shareholders/Key excerpts:The Company remains resilient against low oil prices:Average breakeven oil price to achieve free cash flow neutrality before debt repayment and dividends for the next seven years is c.USD 17 per barrel of oil equivalent1 (boe). This is a result of our world class producing fields having one of the lowest Operating Costs in our industry (long term...