After a Year of Building a Strong Foundation, Barrick Looks to the Next Phase of Value Creation

Written by Customer Service on March 25, 2020. Posted in Public Companies.

All amounts expressed in US dollarsTORONTO, March 25, 2020 (GLOBE NEWSWIRE) — In the first year since its merger with Randgold Resources, the restructured and refocused Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick”) has delivered a strong operational performance and made significant progress towards its goal of becoming the world’s most valued gold company, it says in its 2019 annual report published today.President and chief executive Mark Bristow says in the report that Barrick’s new leadership started 2019 with a long and challenging to-do list and succeeded in ticking all the boxes, and more. Highlights included gold production at the top end of the guidance range; copper production which exceeded its forecast; the consummation of the Nevada Gold Mines joint venture, majority-owned and operated by Barrick; the consolidation...

Harte Gold Announces Fourth Quarter and Full Year 2019 Results

Written by Customer Service on March 25, 2020. Posted in Public Companies.

TORONTO, March 25, 2020 (GLOBE NEWSWIRE) — HARTE GOLD CORP. (“Harte Gold” or the “Company”) (TSX: HRT / OTC: HRTFF / Frankfurt: H4O) announces its financial and operational results for the fourth quarter (“Q4”) and full year (“FY”) ended December 31, 2019 and provides an operational update for 2020.2019 HighlightsGold production for FY 2019 was 27,316 ounces, above the revised guidance range of 24,000 to 26,000 ouncesQ4 2019 production was 8,017 ounces, the highest quarterly result to date and a 32% increase over Q3Production in December was 3,151 ounces, the highest month of production to-dateRevenues generated were $49.8 millionPositive Mine EBITDA1 of $1.5 millionCash Cost2 and All-In Sustaining Cost2 (“AISC”) per ounce of US$1,326 and US$2,079, respectively. As gold production increases, Cash Cost and AISC per ounce are expected...

Mistras Group Announces Fourth Quarter and Full Year 2019 Results

Written by Customer Service on March 25, 2020. Posted in Earnings Releases And Operating Results.

Record Annual Revenue of $749 millionFull 2019 Gross Margin Expands by 100 basis points to 29%Full 2019 Operating Cash Flow Up 42% to $59 millionHighlights of the Fourth Quarter 2019*Cash flows from operations of $18.6 million, up 6.6%Free cash flow of $13.7 million, up 12.9%Debt repayment of $13.1 millionSG&A expenses reduced $0.9 million to $42.6 millionHighlights of the Full Year 2019*Gross profit of $217.3 million, up 4.5%Gross margin expanded 100 basis points to 29.0%Income from operations of $24.1 million, up 8.6%Cash flow from operations of $59.1 million, up 41.9%Free cash flow of $36.2 million, up 76.2%Debt repayment of $35.6 million (Approximately 98% of free cash flow)* All comparisons are consolidated and versus the equivalent prior year period.PRINCETON JUNCTION, N.J., March 25, 2020 (GLOBE NEWSWIRE) — Mistras Group,...

Update on COVID-19 Pandemic

Written by Customer Service on March 25, 2020. Posted in Public Companies.

TORONTO, March 25, 2020 (GLOBE NEWSWIRE) — Rogers Communications Inc. (“Rogers”, “we” or “our”) has been closely monitoring developments related to coronavirus disease 2019 (COVID-19). As the COVID-19 pandemic continues to significantly impact the well-being of individuals and the Canadian and global economies, Rogers has implemented a response plan to continue providing service and support to our customers and communities while safeguarding the health and safety of the public and our employees.Rogers is focused on operating and maintaining its wireless and wireline networks, and media operations, as well as the key business operations required to ensure service continuity for customers. Rogers has implemented alternative working arrangements for employees and temporarily closed retail locations nationally, with the exception of...

OSISKO PROVIDES UPDATE FOLLOWING TEMPORARY SUSPENSION OF OPERATIONS AT THE CANADIAN MALARTIC MINE

Written by Customer Service on March 25, 2020. Posted in Public Companies.

MONTRÉAL, March 25, 2020 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) announces today that following the announcement by Agnico Eagle Mines Limited and Yamana Gold Inc., the operators of the Canadian Malartic Mine, operations at the Canadian Malartic Mine will be ramped down and placed on care and maintenance until April 13, 2020. As instructed, minimal work will take place during that time, in compliance with the most recent Québec Government order in an effort to contain the COVID-19 virus outbreak.Sean Roosen, Chair and Chief Executive Officer of the Company declared: “Given the outstanding pandemic, we support Agnico, Yamana and all other mine operators in their efforts to put the health and safety of their work force first with a view to contain the virus and thereby “flatten...

OSISKO FOURNIT UNE MISE À JOUR SUITE À LA SUSPENSION TEMPORAIRE DES OPÉRATIONS À LA MINE CANADIAN MALARTIC

Written by Customer Service on March 25, 2020. Posted in Public Companies.

MONTRÉAL, 25 mars 2020 (GLOBE NEWSWIRE) — Redevances Aurifères Osisko Ltée (la « Société » ou « Osisko ») (TSX et NYSE : OR) annonce aujourd’hui que, suite à l’annonce d’Agnico Eagle Mines Limited et de Yamana Gold Inc., les opérateurs de la mine Canadian Malartic, les opérations à la mine Canadian Malartic seront réduites et placées en mode d’entretien et de maintenance jusqu’au 13 avril 2020. Tel que demandé, un minimum d’activité aura lieu durant ce temps, conformément aux instructions les plus récentes du gouvernement du Québec ayant pour objectif de contenir la propagation du virus COVID-19.Sean Roosen, président du conseil d’administration et chef de la direction de la Société, a déclaré : « En raison de cette pandémie de grande ampleur, nous supportons Agnico, Yamana et tous les autres opérateurs miniers dans leurs efforts...

BlackRock® Canada Announces Final March Cash Distributions for the iShares® Premium Money Market ETF

Written by Customer Service on March 25, 2020. Posted in Public Companies.

TORONTO, March 25, 2020 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final March 2020 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on March 26, 2020 will receive cash distributions payable on March 31, 2020.Details regarding the final “per unit” distribution amounts are as follows:Further information on the iShares ETFs can be found at http://www.blackrock.com/ca.

Verizon to give customers learning tools and premium TV at no additional cost to assist with new at-home realities

Written by Customer Service on March 25, 2020. Posted in Public Companies.

Verizon Wireless and Fios subscribers will have free learning and additional TV channelsSHOWTIME and Epix offer premium entertainment for Fios TV subscribersStudents get free access for 60 days to valuable learning and interactive study toolsFios TV extends access to dozens of top channels in news, entertainment and international contentNEW YORK, March 25, 2020 (GLOBE NEWSWIRE) — Verizon today announced an expansion of efforts to aid consumers dealing with work-from-home and shelter-in-place realities with the More at Home…on Us program. As the COVID-19 pandemic causes millions to remain indoors, Verizon is giving individuals and families more ways to learn and stay entertained at no additional cost.More Learning: Online learning and study support for studentsIn April, Verizon wireless and Fios customers will be able to experience...

Gentherm Provides Update Related to COVID-19

Written by Customer Service on March 25, 2020. Posted in Public Companies.

NORTHVILLE, Mich., March 25, 2020 (GLOBE NEWSWIRE) — Gentherm (NASDAQ:THRM), a global market leader and developer of innovative thermal management technologies, today provided an update on its business and financial position in light of the impact of the COVID-19 pandemic on the global economy.As a safeguard against the uncertainties ahead surrounding the COVID-19 pandemic, the Company has recently drawn an additional $169 million on its revolving credit facility to increase its cash position and provide additional financial flexibility. As of March 20, 2020, the Company had approximately $35 million in cash, cash equivalents and restricted cash prior to the draw down. As a result of the draw down, a total of $224 million was outstanding under the revolving credit facility. The Company has $240 million remaining available for additional...

STMicroelectronics Reports on Main Resolutions to be Proposed at the 2020 Annual General Meeting of Shareholders

Written by Customer Service on March 25, 2020. Posted in Public Companies.

PR N°C2947CSTMicroelectronics Reports on Main Resolutions to be Proposedat the 2020 Annual General Meeting of ShareholdersGeneva, March 25, 2020 – STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, announced the main resolutions to be submitted for adoption at the Annual General Meeting of Shareholders (AGM) which will be held in Schiphol, the Netherlands, on May 28, 2020.The main resolutions, proposed by the Supervisory Board, include: The adoption of the Company’s statutory annual accounts for the year ended December 31, 2019, prepared in accordance with International Financial Reporting Standards (IFRS). The 2019 statutory annual accounts were filed with the Netherlands authority for the Financial Markets (AFM) on March 25, 2020 and are posted...

Day: March 25, 2020

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