Day: March 26, 2020

Great Southern Bank Commits Up to $300,000 for COVID-19 Response

SPRINGFIELD, Mo., March 26, 2020 (GLOBE NEWSWIRE) — To offer support of COVID-19 relief efforts, Great Southern is committing up to $300,000 to Feeding America food banks, local United Way agencies and other nonprofit organizations to address food insecurity and support critical health and human services during this time of crisis.  The funds will be distributed to agencies serving Great Southern local markets across its 11-state franchise.“While we don’t fully comprehend the magnitude the COVID-19 crisis will have, we do understand the burden that has been placed on the livelihood of vulnerable children, families and businesses in all of our communities,” said Great Southern Bank President and CEO Joe Turner. “As the needs in our communities continue to rapidly escalate, we must take swift action to provide resources where there...

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Interfor Provides Update on Recent Business Initiatives

Completion of US$100 Million of Long-Term Debt FinancingExpansion of Production CurtailmentsVANCOUVER, British Columbia, March 26, 2020 (GLOBE NEWSWIRE) — INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) today announced an update regarding its recent business initiatives.Completion of US$100 Million of Long-Term Debt FinancingThe Company has completed the previously announced US$100 million of long-term debt financing with Prudential Private Capital.  These senior secured notes carry an average interest rate of approximately 3.30% and have a final maturity in 2030.  As a result of the transaction, Interfor’s available liquidity as of March 26, 2020 is greater than $400 million, which is comprised of cash balances and availability under its $350 million bank credit facility.Expansion of Production CurtailmentsOn March...

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NOVAGOLD Announces Nomination of Dr. Elaine Dorward-King for Election to its Board of Directors and Files its 2020 Management Information Circular

VANCOUVER, British Columbia, March 26, 2020 (GLOBE NEWSWIRE) — NOVAGOLD RESOURCES INC. (“NOVAGOLD” or the “Company”) (NYSE American, TSX: NG) is pleased to announce the nomination of Dr. Elaine Dorward-King to the Company’s proposed Board of Directors to be presented for election at the Annual Meeting of Shareholders on May 14, 2020. The Company’s 2020 Management Information Circular, which contains information about all director nominees and other proposals being submitted to shareholders was filed today and is now available to the public.Elaine Dorward-King is a 30-year career executive with a well-established track record of accomplishments in the fields of environmental stewardship, social responsibility, sustainability practices, and governance. Most recently, she served as an Executive Vice President of Newmont Corporation...

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Constellation Software Inc. Announces Change to Annual General Meeting Format

TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — On February 28, 2020, it was announced that Constellation Software Inc. (“Constellation” or the “Company”) (TSX: CSU) would be having our annual general meeting of shareholders (“AGM”) on Friday May 8, 2020 at 8:00 a.m., at The Carlu, 444 Yonge St, Toronto, ON M5B 2H4. The AGM will still be held on Friday May 8, 2020 at 8:00 am; however, the AGM will not be held at the Carlu.  The Company will hold its annual meeting of shareholders using a virtual meeting format, with proceedings conducted solely via live webcast. A virtual meeting minimizes health risks associated with large public gatherings in light of the ongoing dangers from COVID-19 (Coronavirus). Shareholders will not be able to attend the meeting in person; however, registered shareholders and duly appointed proxyholders (including...

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GINSMS Announces Audited Financial Results for the Twelve-Month Period Ended December 31, 2019

CALGARY, Alberta, March 26, 2020 (GLOBE NEWSWIRE) — GINSMS Inc. (TSXV: GOK) (the “Corporation” or “GINSMS”) is pleased to announced that its audited financial statements for the twelve-month period ended December 31, 2019 have been filed today on SEDAR and are available at www.sedar.com.On February 13, 2020, GINSMS had disclosed through the issuance of a press release unaudited financial results for the three-month and the twelve-month periods ended December 31, 2019 and provided financial forecasts for the 2020 financial year.  This financial disclosure was done in advance of today’s filing of the audited financial statements of the Corporation to allow GINSMS’ ultimate holding company, Beat Holdings Limited (“BHL”), a public company in Japan, to use certain of GINSMS’ financial information in the preparation of BHL’s financial...

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PROTECTIVE INSURANCE CORPORATION ANNOUNCES FIRST QUARTER 2020 EARNINGS RELEASE DATE AND CONFERENCE CALL

CARMEL, Ind., March 26, 2020 (GLOBE NEWSWIRE) — Protective Insurance Corporation (NASDAQ: PTVCA, PTVCB), today announced that management has scheduled its quarterly conference call for Wednesday, May 6, 2020, at 11:00 AM ET (New York time) to discuss results for the first quarter ended March 31, 2020.  Results will be released after the close of the financial markets on May 5, 2020, and will be available on the company’s website at www.protectiveinsurance.com upon release.To participate via teleconference, investors may dial 1-877-705-6003 (U.S./Canada) or 1-201-493-6725 (International or local) at least five minutes prior to the beginning of the call.  A replay of the call will be available through May 13, 2020 by calling 1-844-512-2921 or 1-412-317-6671 and referencing passcode 13701107.Investors and interested parties may...

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Huazhu Group Limited Reports Fourth Quarter and Full Year 2019 Financial Results

A total of 5,618 hotels or 536,876 hotel rooms in operation as of December 31, 2019.Hotel turnover1increased 21% year-over-year to RMB9 billion for the fourth quarter, and increased 19% to RMB35 billion for the full year of 2019.Net revenues increased 8.5% year-over-year to RMB2.9 billion (US$418 million)2for the fourth quarter, and increased 11.4% to RMB11.2 billion (US$1.6 billion) for the full year of 2019, in line with revenue guidance previously announced of 10% to 12%.EBITDA (non-GAAP) for the fourth quarter of 2019 was RMB1.1 billion (US$152 million), compared with negative RMB46 million for the fourth quarter of 2018. EBITDA (non-GAAP) increased 56.5% to RMB3.6 billion (US$510 million) for the full year of 2019.Excluding share-based compensation expenses and unrealized gains (losses) from fair value changes of equity securities,...

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Marathon Gold Announces 2019 Fourth Quarter and Full-Year Results

TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) today announces its financial results for the fourth quarter and full-year (“FY”) 2019 and provides an update on the Company’s activities at the Valentine Gold Project (the “Project”) in Central Newfoundland and Labrador. Highlights are as follows (all figures are in Canadian dollars unless otherwise noted):Cash position of $28.0 million at December 31, 2019;Approximately 60,000 metres of infill drilling completed at the Valentine Gold Project. An increase in Measured and Indicated Resources of 400,000 ounces to 3.1 Moz (54.9 Mt at 1.75 g/t), announced in January 2020;A Pre-Feasibility Study (“PFS”) initiated. Ausenco Engineering Canada Inc. (“Ausenco”) appointed as lead consultant. On schedule for completion in the second...

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