Day: April 9, 2020
VANCOUVER, British Columbia, April 08, 2020 (GLOBE NEWSWIRE) — Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) announces that the Mexican federal government has mandated that all non-essential businesses, temporarily suspend operations until April 30 due to the COVID-19 virus. The Company will work towards an orderly reduction of mining, crushing and stacking activities. Given that the Company operates a heap leach mine, the Company expects metal production and metal sales will continue during this time.“While we have no confirmed cases of COVID-19 in the Company, the safety and the health of our employees, contractors, and communities is our top priority in this unprecedented time. All essential employees for this operation will follow safety protocols and precautionary measures. This...
FIRM CAPITAL PROPERTY TRUST PROVIDES UPDATE ON RENTAL COLLECTION
Written by Customer Service on . Posted in Public Companies.
TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — Firm Capital Property Trust (TSXV: FCD.UN) (the “Trust”) is issuing this press release regarding the Trust’s collection of the April gross rent payments due to the impact of the COVID-19 pandemic.We would like to assure unitholders that the Trust has been taking proactive action to collect rents.Across the Trust’s entire portfolio, the trust has collected approximately 73% of gross rents to date and been paid by approximately 73% of the tenants. The breakdown by segment is listed below:The percentage of gross rents collected does not reflect approved rent deferral agreements with non-national tenants in the form of a promissory note that represent 1% of the total gross rents. The Trust continues to work with our most small business tenants to provide rental deferrals on a case by case basis.Please...
Flow capital INVESTS IN TELECOM INFRASTRUCTURE FIRM, NOVATION enterprises
Written by Customer Service on . Posted in Public Companies.
TORONTO, April 08, 2020 (GLOBE NEWSWIRE) — Flow Capital Corp. (TSXV: FW) (“Flow Capital”, “Flow” or the “Company”) today announces that it has made a royalty investment in Novation Enterprises (“Novation”). Based in the Washington D.C. area, Novation Enterprises is a veteran-owned, veteran-operated business that builds critical Internet infrastructure, including 5G wireless and fiber optic networks. In partnership with national carriers and infrastructure companies, Novation recruits, certifies, and deploys transitioning military and under-employed veterans into the civilian workforce that is building the next generation of telecommunications infrastructure. Politico recently reported that nearly half of all US wireless carriers “believe the coronavirus pandemic will increase demand for telecommunications infrastructure,...
KVH Industries Appoints Robert Tavares to Board of Directors
Written by Customer Service on . Posted in Public Companies.
MIDDLETOWN, R.I., April 08, 2020 (GLOBE NEWSWIRE) — KVH Industries, Inc., (Nasdaq: KVHI) (“KVH” or the “Company”), today announced that it has reached an agreement (the “Agreement”) with Vintage Capital Management, LLC (“Vintage”) to appoint Robert Tavares to the Company’s Board of Directors (the “Board”) as an independent Class II director, effective immediately.“We welcome Robert to the Board and are pleased to have come to this agreement with one of our significant shareholders,” said Martin Kits van Heyningen, KVH’s Chairman and Chief Executive Officer. “We remain fully focused on executing against our strategic plan, prudently operating our business and enhancing long-term value going forward.”Pursuant to the Agreement, Vintage will withdraw its slate of directors and commits to voting its shares for all of KVH’s nominees at...
