Month: March 2020

TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — O3 Mining Inc. (TSX.V:OIII) (“O3 Mining” or the “Corporation”) announced today that in response to the order of the Government of Quebec to close all non-essential businesses until April 13, 2020, it has suspended operations in Quebec.To date, O3 Mining has had no suspected or confirmed cases of COVID-19, and has put in place a COVID-19 protocol to protect its workforce.  The health and safety of O3 Mining’s workforce, their families and the communities in which we operate remains the number one concern for O3 Mining.  O3 Mining is committed to fully supporting safety measures for our workforce, families and communities.  O3 Mining thanks our workforce, partners and all stakeholders for their understanding and support, and looks forward to resuming operations...

VANCOUVER, British Columbia, March 23, 2020 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce that it has finalized the acquisition of a 100% interest in exploration licenses E47/1745 (“Purdy’s Reward”) and E47/3443 (“47K”) from Artemis Resources Limited (“Artemis”) (ASX: ARV) and certain Artemis joint venture partners and dissolved the remaining Novo-Artemis joint ventures (the “Transaction”) (please see the Company’s news release dated March 12, 2020 – https://www.novoresources.com/news-media/news/display/index.php?content_id=384). The Transaction was subject to approval from the TSX Venture Exchange and other customary regulatory approvals for transactions of this nature, all of which have been obtained.As consideration for the Transaction, Novo issued 1,640,000...

LOUISVILLE, Ky., March 23, 2020 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI”) (Nasdaq: CHDN) announced today the temporary suspension of live racing at Miami Valley Raceway at Miami Valley Gaming in Lebanon, Ohio effective at 11:59 ET on March 20, 2020 and Fair Grounds Race Course in New Orleans, Louisiana effective 11:59 CT on March 21, 2020 in cooperation with state and local authorities as a precautionary measure to COVID-19. CDI has a 50% equity investment in Miami Valley Gaming.There have been no known cases of COVID-19 at any of these properties and all CDI properties have been and will continue to work closely and cooperatively with the state and local authorities in each state where we operate. CDI will continue to monitor the developments related to COVID-19.About Churchill Downs Incorporated Churchill Downs Incorporated...

CHICAGO, March 23, 2020 (GLOBE NEWSWIRE) — Continental Materials Corporation (NYSE American; CUO) today reported a net loss of $13,899,000, or $8.12 per share, for the 2019 fiscal year on sales of $113,276,000. For the 2018 fiscal year, the Company reported a net loss of $5,856,000, or $3.45 per share, on sales of $100,887,000.Consolidated sales in 2019 increased $12,389,000, or 12.3%, compared to 2018. The increase was directly attributable to the higher sales in the HVAC and Door segments reflecting the impact of acquisitions in the second quarter of 2019. The HVAC segment reported sales increases of $8,671,000 (11.8%) primarily due to the acquisitions of Global Flow Products and InOvate Dryer Technologies. The Door segment reported a sales increase of $4,211,000 (20.9%) primarily due to the acquisitions of Fastrac Building Supply...

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...