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Day: April 24, 2020

Barrick Niugini Limited Challenges Non-Extension of Special Mining Lease

PORT MORESBY, Papua New Guinea, April 24, 2020 (GLOBE NEWSWIRE) — Barrick Niugini Limited (BNL), majority owner and operator of the Porgera gold mine in the Enga province of Papua New Guinea (PNG), said today the Government’s decision not to extend its Special Mining Lease was tantamount to nationalisation without due process and in violation of the Government’s legal obligations to BNL.BNL said it remained willing to discuss the issue with Prime Minister James Marape and his Government in the hope of averting what it described as a catastrophic situation for the communities at Porgera and in Enga, and for the country as a whole.It will, however, pursue all legal avenues to challenge the Government’s decision and to recover any damages that BNL may suffer as a result of the Government’s decision. It also said it had no interest...

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First quarter results 2020 will be negatively influenced by global pandemic

24 April 2020 – Kvaerner has in the first quarter taken several precautionary steps to safeguard employees, suppliers and local societies against the risks of the Covid-19 virus development. Kvaerner has demobilised the majority of hired-in personnel working on ongoing projects, office staff is working from home offices and several virus precautions influence daily work at the yards. Still, operations are continuing, and ongoing projects are moving forward at reduced capacity.Until the uncertainty related to availability and extra costs for projects resources is concluded, margin recognition is temporarily reduced for some projects. The first quarter results will also be negatively impacted by extra costs related to precautions against the virus risk, and provisions for further associated costs.It is estimated that these elements combined...

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Resultatene for første kvartal 2020 vil bli påvirket negativt av global pandemi

24. april 2020 – Kværner har i første kvartal tatt flere forholdsregler for å beskytte ansatte, leverandører og lokale samfunn mot risikoen for smittespredning av Covid-19. Kværner har demobilisert flertallet av innleid personell som jobbet med pågående prosjekter, kontoransatte jobber på hjemmekontor og i tillegg påvirker andre smittevernstiltak det daglige arbeidet på verftene. Til tross for dette forsetter driften, og pågående prosjekter går videre med redusert kapasitet.Inntil usikkerheten knyttet til tilgjengelighet og merkostnader for prosjektenes ressurser er konkludert, har Kværner midlertidig redusert inntektsføringen av marginer for noen prosjekter. Resultatene i første kvartal vil også bli påvirket negativt av de ekstra kostnadene i forbindelse med tiltak mot virusrisikoen, og avsetninger for relaterte kostnader.  Det...

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No. 17/2020 – Potential impact of the coronavirus outbreak on the operations and financial results of Cemat A/S

Nasdaq Copenhagen                                                                               Nikolaj Plads 6DK-1067 Copenhagen K   Copenhagen, 24 April 2020COMPANY ANNOUNCEMENT no 17/2020Potential impact of the coronavirus outbreak on the operations and financial results of Cemat A/SThe Board of Directors has analyzed the consequences and, according to current knowledge, the coronavirus outbreak and subsequent Government-imposed limitations related situation will affect the operations and financial results of the Company in 2020. The impact will depend on the duration of the limitations and the dynamic of the pandemic.Based on the impact, it’s difficult to estimate the results for 2020, so the Board of Directors has had to suspend the earlier expectations. The Board of Directors of the Company is implementing actions aimed at mitigating...

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Nr. 17/2020 – Coronavirus-epidemiens potentielle konsekvenser for Cemat A/S’ drift og finansielle resultater

Nasdaq Copenhagen                                                                               Nikolaj Plads 6DK-1067 Copenhagen K   København, 24. april 2020SELSKABSMEDDELELSE nr. 17/2020Coronavirus-epidemiens potentielle konsekvenser for Cemat A/S’ drift og finansielle resultaterBestyrelsen har analyseret konsekvenserne, og ifølge nuværende viden, vil situationen som følge af regeringens foranstaltninger mod coronavirus-epidemien få konsekvenser for virksomhedens drift og finansielle resultater i 2020. Omfanget af konsekvenserne vil afhænge af varigheden af foranstaltningerne samt, hvordan pandemien udvikler sig.Bestyrelsen vil meddele de opdaterede forventninger så snart udsigterne for markedet står mere klart.     Cemat A/SBestyrelsenDenne selskabsmeddelelse er udarbejdet på dansk og engelsk. I tvivlstilfælde er den danske udgave...

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Huize Holding Limited Files Its Annual Report on Form 20-F

SHENZHEN, China, April 24, 2020 (GLOBE NEWSWIRE) — Huize Holding Limited, (“Huize”, the “Company” or “we”) (NASDAQ: HUIZ), a leading independent online insurance product and service platform in China, today announced it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2019 with the Securities and Exchange Commission on April 24, 2020. The annual report is available on the Company’s investor relations website at http://ir.huize.com as well as the SEC’s website at http://www.sec.gov.The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be submitted to investor@huize.com.About Huize Holding LimitedHuize Holding Limited is a leading independent online insurance...

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Intellinetics, Inc. Acquires CEO Imaging Systems, Inc.

 Strengthens K-12 Market Penetration and Positions for Future GrowthCOLUMBUS, Ohio, April 24, 2020 (GLOBE NEWSWIRE) — Intellinetics, Inc., (OTCQB: INLX) a cloud-based document solutions provider, announced it has acquired substantially all the assets of CEO Imaging Systems, Inc., doing business as CEO Image Systems, a document solutions company that specializes in the K-12 education market, as well as financial services and others. Located in Plymouth, MI, CEO Imaging Systems had $0.5 million in revenues (unaudited) in its most recent fiscal year, ended December 31, 2019.The purchase of the CEO Imaging Systems business expands Intellinetics’ content management products and services to highly regulated, risk and compliance-intensive markets. The IntelliCloud™ solution suite can now be expanded to include the CEO Image Executive™...

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Gulf & Pacific Equities Corp. reports on 2019 Year End Results with Revenue of $3,838,060

TORONTO, April 24, 2020 (GLOBE NEWSWIRE) — Gulf & Pacific Equities Corp. (TSX-V: GUF) an established company focused on the acquisition, management and development of anchored shopping centres in Western Canada, reports a 3.87% decrease in revenues to $3,838,060 in the year ended 2019 from $3,992,607 at same period last year.Details of the twelve and three months financial results for fiscal 2019 and 2018 under International Financial Reporting Standards (IFRS) as summarized below are also available at www.sedar.com or at the company’s website www.gpequities.com.About Gulf & Pacific Equities Corp.Gulf & Pacific Equities Corp. was incorporated under the laws of the Province of Alberta on April 8, 1998 and thereafter completed a public offering of common shares by prospectus dated June 26, 1998 (TSX-V: GUF).The Company acquires,...

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