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Day: April 6, 2020

IPL Plastics Inc. fait le point sur l’incidence de la Covid-19 sur ses activités et son assemblée générale annuelle

MONTRÉAL, 06 avr. 2020 (GLOBE NEWSWIRE) — IPL Plastics Inc. (« IPLP » ou la « Société ») (TSX : IPLP) fait le point sur l’incidence de la Covid-19 sur ses activités et la prochaine assemblée générale annuelle et extraordinaire des actionnaires de la Société actuellement prévue pour le 14 mai 2020.Incidence de la Covid-19 sur les activités de la SociétéL’évaluation de l’incidence de la Covid‑19 continue d’évoluer à mesure que de nouveaux faits et de nouvelles circonstances se présentent. La santé et la sécurité de nos employés étant d’une importance capitale, nous avons rapidement mis en place des mesures appropriées et efficaces pour assurer leur sécurité et leur bien-être. Nous avons également dû réagir rapidement pour nous conformer à de nombreuses nouvelles mesures réglementaires gouvernementales dans chacun des territoires dans...

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PARCELPAL ANNOUNCES THE PROMOTION OF RICH WHEELESS TO CHIEF EXECUTIVE OFFICER

VANCOUVER, British Columbia, April 06, 2020 (GLOBE NEWSWIRE) — ParcelPal Technology Inc. (“ParcelPal” or the “Company”), (PKG:CSE) (FSE:PT0) (OTC:PTNYF) is pleased to announce the promotion of Rich Wheeless as its Chief Executive Officer effective immediately. Mr. Wheeless was initially appointed as the Chief Financial Officer of the Company, and now succeeds Kelly Abbott as the CEO, who has stepped down from this role, but will maintain his position on the board of directors of the Company.Mr. Wheeless has been an active investor, adviser and/or board member for numerous privately held companies. Most recently, he was the CFO of publicly traded company Taal Distributed Information Technologies Inc. (previously Squire Mining Ltd.). Prior to that, he was the Chief Financial Officer for the security software company Rivetz Inc. Previous...

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OMA reports a 32.6% decrease in March 2020 passenger traffic

MEXICO CITY, April 06, 2020 (GLOBE NEWSWIRE) — Mexican airport operator Grupo Aeroportuario del Centro Norte, S.A.B. de C.V., known as OMA (NASDAQ: OMAB; BMV: OMA), reports that terminal passenger traffic at its 13 airports decreased 32.6% in March 2020, as compared to March 2019. Domestic traffic decreased 31.3%, and international traffic decreased 40.4%.Of total passenger traffic, 99.0% was commercial, and 1.0% was general aviation.The decrease in total number of passengers occurred mainly because of health emergency measures implemented in Mexico caused by Covid-19 during the second half of March, as well as the resulting significant reduction in seats offered by the airlines that operate in our airports.As of today, no flight restrictions have been issued by Mexican authorities. If new measures that restrict air operations were...

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YAMANA GOLD MOVING TO A VIRTUAL MEETING FOR 2020 ANNUAL MEETING OF SHAREHOLDERS; PROVIDES NOTICE OF FIRST QUARTER 2020 RESULTS

TORONTO, April 06, 2020 (GLOBE NEWSWIRE) — YAMANA GOLD INC. (TSX: YRI; NYSE: AUY) (“Yamana” or “the Company”) provided notice today that its Annual Shareholder Meeting (“Annual Meeting”) will be held in a virtual only meeting format due to the public health concerns caused by the COVID-19 pandemic.The Company also today announced that it will release its first quarter 2020 operational and financial results before the market open on April 30, 2020, followed by a conference call and webcast on April 30, 2020, at 8:30 a.m. Eastern Daylight Time (“EDT”). Additional details are provided below. Details of Annual MeetingThe Annual Meeting will take place via live webcast on April 30, 2020, at 11:00 a.m. EDT. In order to ensure the health and safety of all, it will be a virtual meeting only. No one will be able to attend the Annual Meeting...

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WOW! UNLIMITED MEDIA’S MAINFRAME STUDIOS PROVIDES UPDATE

TORONTO and VANCOUVER, British Columbia, April 06, 2020 (GLOBE NEWSWIRE) — WOW! Unlimited Media Inc. (“WOW!” or the “Company”) (TSX-V: WOW / OTCQX: WOWMF) a leading next generation kids and youth entertainment company, provides an update given the ongoing concerns around the COVID-19 virus.While WOW!’s primary concerns at this time are the health and well-being of its employees, the Company’s business operations remain focused on executing on client commitments and implementing additional measures to limit any disruption as much as possible. The Company continues to monitor the recommendations and implement the guidelines provided by national, state and provincial health agencies, including the Public Health Agency of Canada and the National Institutes of Health in the US.Update from Mainframe StudiosIn 2018, WOW!’s Mainframe Studios...

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TERRAFINA TAPS US$150 MILLION FROM ITS REVOLVING CREDIT FACILITY TO STRENGTHEN LIQUIDITY POSITION

MEXICO CITY, April 06, 2020 (GLOBE NEWSWIRE) — Terrafina (”TERRA”) (BMV: TERRA13), a leading Mexican industrial real estate investment trust (“FIBRA”), externally advised by PGIM Real Estate and dedicated to the acquisition, development, lease and management of industrial real estate properties in Mexico, announced today the drawdown of US$150 million of its revolving credit line maturing in January 2023, with an interest rate of Libor + 245 basis points and without prepayment penalty fees.These resources will only be used as a contingency plan if needed in addition to current leasing revenues to shield Terrafina’s operations. Considering the amount of this drawdown, Terrafina remains in full compliance with its financial obligations (“covenants”) for leverage and interest coverage.Terrafina is very well positioned to face the possible...

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Bryn Mawr Bank Corporation Announces Date of First Quarter 2020 Financial Results and Earnings Call

BRYN MAWR, Pa., April 06, 2020 (GLOBE NEWSWIRE) — Bryn Mawr Bank Corporation (NASDAQ: BMTC) (the “Corporation”), parent of The Bryn Mawr Trust Company, expects to report first quarter 2020 financial results after markets close on Monday, April 20, 2020. Although the Corporation has not held earnings conference calls in recent years, in light of developments pertaining to COVID-19, the Corporation will hold an earnings conference call for the first quarter of 2020 to discuss financial results.The Corporation will hold its earnings conference call at 8:30 a.m. Eastern Time on Tuesday, April 21, 2020. Interested parties may participate by calling 1-888-317-6016.  A taped replay of the conference call will be available one hour after the conclusion of the call and will remain available through 9:00 a.m. Eastern Time on Thursday, May...

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ASCENDANT RESOURCES APPOINTS JOAO BARROS PRESIDENT, ASCENDANT PORTUGAL

TORONTO, April 06, 2020 (GLOBE NEWSWIRE) — Ascendant Resources Inc. (TSX: ASND) (“Ascendant” or the “Company”) is very pleased to announce the appointment of Mr. Joao Barros to the position of President, Ascendant Portugal, where he will continue to oversee the exploration and development efforts at the Lagoa Salgada VMS project (“Lagoa Salgada”), located on the prolific Iberian Pyrite Belt in Portugal. Mr. Barros is a Civil Engineer with an MSc in Geology with more than 17 years of experience tied to the mining industry in Portugal.Mr. Barros is currently President of Redcorp – Empreendimentos Mineiros, Lda., the joint venture company in which Ascendant has its investment and is earning an 80% interest in Lagoa Salgada. Mr. Barros has been instrumental in the advancement of the Lagoa Salgada project over the past...

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NORTH AMERICAN CONSTRUCTION GROUP LTD. COMPLETES REDEMPTION OF 5.50% CONVERTIBLE UNSECURED SUBORDINATED DEBENTURES

ACHESON, Alberta, April 06, 2020 (GLOBE NEWSWIRE) — North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA/NYSE:NOA) today announced that it has completed the previously announced redemption (the “Redemption”) of all of its outstanding 5.50% convertible unsecured subordinated debentures due March 31, 2024 (the “Debentures”), being $38,605,000 aggregate principal amount of Debentures.  An aggregate of 4,583,655 voting common shares of the Company (“Common Shares”) were issued pursuant to the Redemption. As at the date hereof (the “Redemption Date”), the current market price of the Common Shares (calculated in accordance with the terms of the indenture governing the Debentures) was approximately $8.87 per Common Share. The Company paid all accrued and unpaid interest up to but excluding the Redemption Date, in cash.The...

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Enerflex to Announce First Quarter 2020 Results on May 7, 2020

CALGARY, Alberta, April 06, 2020 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX:EFX) (“Enerflex” or the “Company”), a leading supplier of products and services to the global energy industry, will release its first quarter 2020 financial results on May 7, 2020. These results will be available on the Enerflex website at www.enerflex.com.Analysts, investors, members of the media, and other interested parties are invited to participate in a teleconference and audio webcast on Friday, May 8, 2020 at 8:00 a.m. MDT to discuss the first quarter 2020 financial results and operating highlights.To participate, please call toll free 1.844.231.9067 or 1.703.639.1277. Please dial in 10 minutes prior to the start of the call. No passcode is required. The live audio webcast of the teleconference will be available on the Enerflex website at www.enerflex.com...

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