Day: April 14, 2020

Softrock Announces Appointment of New President And Chief Executive Officer

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESCALGARY, Alberta, April 14, 2020 (GLOBE NEWSWIRE) — Softrock Minerals Ltd. (TSXV: SFT) (“Softrock” or the “Company”) today announced that The Honourable Nick Taylor resigned as President and Chief Executive Officer of the Company effective immediately for personal reasons.  The Company appointed Stuart B. McDowall, a director of the Company, as the Company’s new President and Chief Executive Officer and appointed Mr. Taylor as non-executive Chair of the Board.  Mr. McDowall is an independent businessman and civil engineer and was Canada’s trade commissioner for over 30 years, with postings in Europe, the Middle East, Africa and South America.  Mr. McDowall has been a director of Softrock since 2009 and...

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Advantage Lithium Corp. shareholders approve acquisition by Orocobre Limited

BRISBANE, Australia, April 14, 2020 (GLOBE NEWSWIRE) — Orocobre Limited (ASX: ORE, TSX: ORL) (Orocobre or the Company) is pleased to advise that following an annual general meeting and special meeting of Advantage Lithium Corp. (Advantage) (TSX Venture: AAL) (OTCQX: AVLIF) shareholders a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the Arrangement) has been approved by Advantage shareholders whereby Orocobre will acquire 100% of the issued and outstanding shares of Advantage that it does not already own.The Arrangement remains subject to approval by the Supreme Court of British Columbia which is currently scheduled to hear an application to approve the Arrangement on 16 April, 2020.Under the terms of the Arrangement Advantage shareholders will receive 0.142 shares of Orocobre per Advantage...

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Fox River Announces AGM to Proceed as Virtual Meeting

TORONTO, April 14, 2020 (GLOBE NEWSWIRE) — Fox River Resources Corporation (the “Company” or “Fox River”) (CSE: FOX) is pleased to announce that the Company’s Annual General Meeting (“AGM”) will proceed as a “virtual” meeting in compliance with Ontario emergency regulations in response to the COVID-19 pandemic.  The AGM will still be held on Thursday, April 23rd, 2020, at 10:30 a.m. EDT, but not at the originally planned venue, which will be closed. Meeting access will be via teleconference only.Details of the teleconference are as follows:Dial-in numbers – (647) 723-3984 or +1 (866) 365-4406 from Canada or the USA;7 digit participant access code – 8487727#The Company requests that shareholders vote in advance by voting on-line as noted on their proxy form, or sending in their proxy forms as outlined in the Management Information...

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United States Steel Corporation Announces Plans For Virtual Annual Meeting of Stockholders

PITTSBURGH, Pa., April 14, 2020 (GLOBE NEWSWIRE) — United States Steel Corporation (NYSE: X) today announced that its Annual Meeting of Stockholders will be held in a virtual meeting webcast format.  Due to the public health impact of the coronavirus pandemic (COVID-19) and to protect the well-being of its employees, stockholders and other stakeholders, the location of the annual meeting has been changed to a virtual format only.As previously announced, the annual meeting will be held on Tuesday, April 28, 2020 at 8:00 a.m., Eastern Time. Online access to the meeting will begin at 7:45 a.m. Eastern Time. Stockholders will not be able to attend the annual meeting in person.U. S. Steel stockholders, as of the close of business on March 2, 2020 (the record date for the annual meeting), are entitled to join the live virtual meeting....

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TrackX Reports Q4 and Fiscal 2019 Financial Results

DENVER, April 14, 2020 (GLOBE NEWSWIRE) — TrackX Holdings Inc. (TSX.V:TKX | FRANKFURT:3TH) (“TrackX” or the “Company), a Software-as-a-Service (SaaS)-based enterprise asset management solution provider, announces the financial and operational highlights from its fourth quarter and fiscal year ended September 30, 2019. All results are reported in Canadian dollars unless otherwise specified. A complete set of the September 30, 2019 Consolidated Financial Statements and Management’s Discussion & Analysis has been filed on SEDAR (www.sedar.com).Financial Highlights for the Year Ended September 30, 2019Positive adjusted EBITDA for Q4 2019 of $0.02 million;Revenue of $6.29 million versus $5.67 million in FY18, a 11% increase year-over-year;Recurring revenue of $2.71 million, a 33% increase over $2.04 million in FY18;Gross margin...

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Lexington Realty Trust Provides Business Update

NEW YORK, April 14, 2020 (GLOBE NEWSWIRE) — Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, provided an update on its business in light of the market volatility related to the global COVID-19 pandemic.  Lexington efficiently executed its business continuity plan and quickly transitioned to a work-from-home arrangement for all employees.  Lexington’s executive management team remains healthy and continues to manage operations.Lexington’s management continues to monitor events and is taking steps to mitigate the potential impact and risks to Lexington.  While Lexington is currently unable to estimate the impact COVID-19 will have on its financial condition, as of the date of this press release, Lexington believes that the impact will...

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Valero Energy Corporation Announces Pricing of Notes Offering

SAN ANTONIO, April 14, 2020 (GLOBE NEWSWIRE) — Valero Energy Corporation (NYSE: VLO) announced today that it has priced a public offering of $850,000,000 aggregate principal amount of 2.700% Senior Notes due 2023 and $650,000,000 aggregate principal amount of 2.850% Senior Notes due 2025. The offering is expected to close on April 16, 2020, subject to customary closing conditions. Valero intends to use the net proceeds from the offering for general corporate purposes.BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Mizuho Securities USA LLC acted as joint book-running managers for the notes.Copies of the prospectus supplement and accompanying base prospectus relating to the offering may be obtained from BofA Securities, Inc. at 1-800-294-1322, Citigroup Global Markets Inc. at 1-800-831-9146, J.P....

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Firm Capital American Realty Partners Trust Announces April Rent Collections and Trustee Resignation

TORONTO, April 14, 2020 (GLOBE NEWSWIRE) — Firm Capital American Realty Partners Trust (the “Trust”), (TSXV: FCA.UN), (TSXV: FCA.U) is issuing this press release to announce April rent collections to date and the resignation of Robert Janson from the board of trustees.The Trust is pleased to announce that it has collected approximately 71% of its expected rental revenue. Collections to date are in line with historical results. It should be noted that the majority of rent is collected typically by the 10th of every month with almost all rent collections completed by the 20th of every month. These dates are based on a variety of factors including, but not limited to state legislation with respect to rent collections and the receipt of federal government-funded rents, otherwise known as “Section 8” rent. Approximately 5% of the Trust’s...

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Harvest Oil & Gas Corp. Announces Fourth Quarter and Full Year 2019 Results, Year-end Proved Reserves and 2020 Guidance

HOUSTON, April 14, 2020 (GLOBE NEWSWIRE) — Harvest Oil & Gas Corp. (OTCQX: HRST) (“Harvest” or the “Company”) today announced results for the fourth quarter and full year of 2019 and the filing of its Form 10-K with the Securities and Exchange Commission (“SEC”). In addition, Harvest announced its 2019 year-end proved reserves and provided guidance for 2020.Key Highlights

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Suncor Energy to hold annual general meeting online

CALGARY, Alberta, April 14, 2020 (GLOBE NEWSWIRE) — Suncor announced today that its upcoming Annual General Meeting (AGM) will be held in a virtual-only format in light of public health concerns regarding COVID-19.  Suncor believes in safety above all else.  The decision to move to a virtual meeting was made in response to the recent health measures enacted by the federal and provincial governments, and to protect the health and safety of Suncor’s shareholders, employees, directors and other stakeholders.The AGM will be held at the same date and time as previously announced on May 6, 2020 at 10:30 a.m. MT and all shareholders will be able to participate in the online meeting, including voting on business brought before the meeting and submitting questions for consideration. Shareholders can vote by proxy in advance of the meeting...

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