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Month: March 2020

AEHF-6 Launch Marks 500th Flight of Aerojet Rocketdyne’s RL10 Engine

CAPE CANAVERAL, Fla., March 26, 2020 (GLOBE NEWSWIRE) — The successful March 26 launch of the U.S. Space Force’s sixth and final Advanced Extremely High Frequency (AEHF) military communications satellite aboard a United Launch Alliance (ULA) Atlas V rocket marked the 500th flight of Aerojet Rocketdyne’s RL10 upper-stage engine.The RL10, which powers the ULA Atlas V Centaur upper stage, is one of several Aerojet Rocketdyne propulsion products supporting the mission. Aerojet Rocketdyne propulsion can be found on both the rocket and the AEHF-6 satellite. Built by Lockheed Martin, the AEHF satellites provide secure, jam-proof communications, including nuclear command and control, to U.S. and allied forces.“This launch marks an important milestone for Aerojet Rocketdyne and for the country,” said Eileen Drake, Aerojet Rocketdyne’s CEO...

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PERSEUS MINING COVID-19 UPDATE

PERTH, Western Australia, March 26, 2020 (GLOBE NEWSWIRE) — Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU) ”) provides an update on its activities given the global Coronavirus (COVID-19) pandemic that has swept the world in recent times.As of today, there have been no cases of COVID-19 infection reported by any of Perseus’s employees or contractors operating at its West African gold mines, Edikan and Sissingué, or at the development site of its third mine, Yaouré, nor by residents of host communities located adjacent to those operations. Perseus’s gold production and its project development activities have not been materially impacted at this time.Perseus has senior management who successfully led the company through the Ebola outbreak in West Africa in 2014 and adaptations of the thinking and systems...

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Prairie Provident Resources Announces Fourth Quarter and Year-End 2019  Financial and Operating Results

CALGARY, Alberta, March 26, 2020 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) is pleased to announce our operating and financial results for the three months and year ended December 31, 2019. PPR’s audited consolidated financial statements and related Management’s Discussion and Analysis (“MD&A”) for the three months and year ended December 31, 2019 and annual information form dated March 26, 2020 (“AIF”) are available on our website at www.ppr.ca and filed on SEDAR.Prairie Provident continued to successfully execute our strategic plan throughout the year, delivering strong operational performance and responsibly maintaining stable production volumes while generating positive adjusted funds flow1 and solid operating netbacks1 despite continued...

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GRUPO AEROPORTUARIO DEL PACIFICO UPDATES REGARDING ITS ANNUAL GENERAL ORDINARY AND EXTRAORDINARY SHAREHOLDERS’ MEETING

GUADALAJARA, Mexico, March 26, 2020 (GLOBE NEWSWIRE) — Grupo Aeroportuario del Pacifico, S.A.B. de C.V., (NYSE: PAC; BMV: GAP) (“the Company” or “GAP”), by agreement of the Board of Directors (“the Board) and due to current circumstances and the prevailing disruptions at a national and global level, resulting from the pandemic caused by the COVID-19 virus, the Company modifies the General Ordinary Shareholders’ Meeting and eliminates the General Extraordinary Shareholders’ Meeting. It is important to mention that by virtue of current pandemic conditions as declared by the World Health Organization, the Company could modify or add terms related to the celebration of this meeting, at any time prior to it taking place. The Company will inform the investment market via a press release such as this one immediately.Pursuant to a resolution...

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DUNDEE CORPORATION ANNOUNCES FOURTH QUARTER AND YEAR END 2019 FINANCIAL RESULTS

TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) today announced its financial results for the three months and year ended December 31, 2019.FINANCIAL RESULTS During 2019, the Corporation recognized a net loss attributable to owners of the Corporation of $15.3 million, or a loss of $0.26 per share. This compares with a net loss attributable to owners of the Corporation of $202.4 million in 2018, representing a loss of $3.49 per share. 

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NEXUS REIT ANNOUNCES EXECUTION OF LEASES AND DEVELOPMENT MANAGEMENT AGREEMENT FOR RICHMOND VALUE-ADD PROJECT AND RSU GRANT

TORONTO and MONTREAL, March 26, 2020 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSXV: NXR.UN) announced today that it is progressing with plans to maximize value at its Richmond BC property.  The REIT has entered into lease agreements with two new tenants in respect of approximately 60,000 square feet of space previously occupied by an industrial tenant at its Richmond, BC property. Net rents under these leases are approximately $23 per square foot higher than the rents the REIT was receiving from the former industrial tenant prior to early termination. The leases are expected to commence in early 2021, following build out and improvements to the space to ready it for occupancy by the new tenants. Following this investment, net operating income is expected to increase by $1.4 million annually under...

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FPI NEXUS ANNONCE LA SIGNATURE DE CONTRATS DE LOCATION ET D’UN CONTRAT DE GESTION DE DÉVELOPPEMENT POUR LE PROJET DE VALEUR AJOUTÉE À RICHMOND, AINSI QUE L’OCTROI D’UNITÉS DE PARTS AVEC RESTRICTIONS

MONTRÉAL et TORONTO, 26 mars 2020 (GLOBE NEWSWIRE) — Le Fonds de Placement Immobilier Nexus (le « FPI Nexus » ou le « FPI ») (TSXV : NXR.UN) a annoncé aujourd’hui que le plan pour maximiser la valeur de sa propriété située à Richmond (Colombie-Britannique) progressait.Le FPI a conclu des contrats de location avec deux nouveaux locataires pour environ 60 000 pieds carrés d’un espace précédemment occupé par un locataire industriel sur sa propriété de Richmond. Les loyers nets en vertu de ces baux sont plus élevés d’environ 23 $ le pied carré que les loyers que le FPI recevait de l’ancien locataire industriel avant la résiliation anticipée. Les baux devraient commencer au début de l’année 2021, après la construction et l’amélioration de l’espace pour le préparer à l’occupation des nouveaux locataires....

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CORE GOLD ANNOUNCES TRANSITION IN BOARD OF DIRECTORS

VANCOUVER, British Columbia, March 26, 2020 (GLOBE NEWSWIRE) — Core Gold Inc. (“Core Gold” or the “Company“) (TSX-V: CGLD, OTCQX: CGLDF), is pleased to announce the appointment of Mr. Matthew Carr as a Director of the Company’s Board of Directors. Mr. Carr is also currently an Executive Director of Titan Minerals Limited (“Titan“), the 91.07% shareholder of Core Gold. Mr. Carr is a successful and experienced company director having founded Urban Capital Group. Urban Capital Group is a private equity company with a strong focus on property backed investment and security. Matthew is also the Non-Executive Chairman of Andina Resources Ltd.. The Board has also accepted the resignation of Mr. Leonard Clough from the Board of Directors.  “We are thankful to Leonard for the long-standing service, leadership...

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Afya Limited Announces Fourth Quarter and Full Year 2019 Financial Results

NOVA LIMA, Brazil, March 26, 2020 (GLOBE NEWSWIRE) — Afya Limited (Nasdaq: AFYA) (“Afya” or the “Company”), the leading medical education group in Brazil, today reported financial and operating results for the three- and twelve-month periods ended December 31, 2019. Financial results are expressed in Brazilian Reais and are presented in accordance with International Financial Reporting Standards.Fourth quarter 2019Net Revenue grew by 107.9% year over year (YoY) reaching R$220.8 million, reflecting Afya’s organic growth and Medcel, IPEMED, FASA and IPEC acquisitions in 2019.Adjusted EBITDA of R$87.4 million, up 127.0% YoY, with Adjusted EBITDA margin expanding 330 basis points (bps) to 39.6% from 36.3% in 4Q18.Adjusted Net Income of R$71.8 million, up 151.7% YoYFull year 2019Acquisitions from 2019 increased Afya’s total 2020 medical...

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PURE GOLD PROVIDES UPDATE ON MINE CONSTRUCTION AND REPORTS FINANCIAL RESULTS FOR YEAR-ENDED DECEMBER 31, 2019

VANCOUVER, B.C., March 26, 2020 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (TSX-V: PGM, LSE: PUR) is pleased to provide the following update on mine construction activities at its Pure Gold Red Lake Mine as well as report year-end 2019 financial and operating results. The Company has made available its audited financial statements and related management’s discussion and analysis for the year ended December 31, 2019, available on Sedar and its website.“Ensuring the health and safety of our employees, contractors and the communities in which we operate is our highest priority,” said Darin Labrenz, President and CEO.  “The outbreak of COVID-19 has changed the way we operate, and we have implemented measures and processes in both our Vancouver office and in Red Lake to ensure the right protocols and precautionary measures are in place.  ...

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