Firm Capital Mortgage Investment Corporation Announces Q1/2020 Results

Written by Customer Service on May 7, 2020. Posted in Public Companies.

TORONTO, May 07, 2020 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”) (TSX FC, FC.DB.E, FC.DB.F, FC.DB.G, FC.DB,H, FC.DB.I and FC.DB.J) released its financial statements for the three months ended March 31, 2020.Q1/2020 HIGHLIGHTS

Alio Gold Reports Strong First Quarter 2020 Results

Written by Customer Service on May 7, 2020. Posted in Public Companies.

(all in US$ unless otherwise noted)VANCOUVER, British Columbia, May 07, 2020 (GLOBE NEWSWIRE) — Alio Gold Inc. (TSX, NYSE AMERICAN: ALO) (“Alio Gold” or the “Company”) today reported its first quarter 2020 results.Q1 2020 Highlights and Recent Key Developments Q1 2020 Consolidated Gold production 1 of 16,406 ounces at cash costs 1,2 of $1,276/oz produced.Announced a merger with Argonaut Gold (“Argonaut”) on March 30, 2020.Closing of the sale of the San Francisco Mine to Magna Gold Corp. (“Magna Gold”) on May 6, 2020.Florida Canyon Q1 2020 operational metrics continue to improve; 30% more gold deposited, and 21% more gold produced versus Q4 2019.Cash and cash equivalents of $10.4 million, and net working capital 3 of $41.5 million as of March 31, 2020.“Our focus, like everyone’s, recently has been on the health and safety of our...

Global Indemnity Limited Reports First Quarter 2020 Results

Written by Customer Service on May 7, 2020. Posted in Public Companies.

GEORGE TOWN, Cayman Islands, May 07, 2020 (GLOBE NEWSWIRE) — Global Indemnity Limited (NASDAQ:GBLI) today reported that for the three months ended March 31, 2020, the Company’s Gross Written Premiums increased 9.5% to $155.7 million and Net Written Premiums increased 12.7% to $139.1 million. Adjusted Operating Income for the quarter declined by $1.6 million, or 13.2%, to $10.0 million as compared to the first quarter of 2019, which quarter included a $7.9 million release of excess reserves as compared to a $0.6 million release in the current quarter. The Company’s Combined Ratio for the period was 92.7%. The Company’s $1.6 billion Investment Portfolio declined $56.4 million, or 3.5%, over the quarter as a result of the steep (approx. 20%) decline in U.S. equity markets related to the Covid-19 pandemic. As a result, the Company incurred...

Mesa Air Group Announces Second Quarter Fiscal Year 2020 Earnings Release and Conference Call Date

Written by Customer Service on May 7, 2020. Posted in Public Companies.

PHOENIX, May 07, 2020 (GLOBE NEWSWIRE) — Mesa Air Group, Inc. (NASDAQ: MESA) will release its second quarter earnings for fiscal year 2020 after the market closes on Monday, May 11. The company will also host a conference call to discuss the results on May 11 at 4:30 pm Eastern Time.Investor RelationsBrian Gillmaninvestor@mesa-air.com

Houston Wire & Cable Company Provides Quarterly Results, Update on Cost and Debt Reduction

Written by Customer Service on May 7, 2020. Posted in Public Companies.

HOUSTON, May 07, 2020 (GLOBE NEWSWIRE) — Houston Wire & Cable Company (NASDAQ: HWCC) (the “Company”) announced operating results for the first quarter ended March 31, 2020 and progress on its cost and debt reduction programs.Net income was $0.5 million, or $0.7 million after adjusting for a $0.2 million non-cash trade name impairment charge, which compares to net income of $2.3 million in the first quarter of 2019 Fully diluted earnings per share of $0.03, or $0.04 as adjustedExecuting cost and debt reduction programsTargeting expense savings of up to $14 million annualizedReduced net debt by $11.7 million from $82.4 million at quarter end to $70.7 million at May 5 and by over $20 million from its first quarter peakJames Pokluda, President and Chief Executive Officer commented, “Throughout these challenging times, Houston Wire...

Peyto Exploration & Development Corp. Announces Results of Directors Vote

Written by Customer Service on May 7, 2020. Posted in Public Companies.

CALGARY, Alberta, May 07, 2020 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (TSX – PEY) (“Peyto”) is pleased to announce that the nominees listed in the information circular – proxy statement dated March 25, 2020 were elected as directors of Peyto at Peyto’s annual and special meeting of shareholders (the “Meeting“) held today, May 7, 2020. The detailed results of the vote for the election of directors held at the Meeting are set out below.Election of DirectorsOn a vote by ballot, each of the following seven nominees proposed by management was elected as a director of Peyto:For further information please contact:

Ayala Pharmaceuticals Announces Pricing of Initial Public Offering

Written by Customer Service on May 7, 2020. Posted in Public Companies.

REHOVOT, Israel and WILMINGTON, Del., May 07, 2020 (GLOBE NEWSWIRE) — Ayala Pharmaceuticals, Inc. (NASDAQ: AYLA), a clinical-stage oncology company focused on developing and commercializing small molecule therapeutics for patients suffering from rare and aggressive cancers, primarily in genetically defined patient populations, today announced the pricing of its initial public offering of 3,666,667 shares of common stock at a public offering price of $15.00 per share, before underwriting discounts and commissions. All of the common stock is being offered by Ayala. The offering is expected to close on May 12, 2020, subject to customary closing conditions. In addition, Ayala has granted the underwriters a 30-day option to purchase up to an additional 550,000 shares of its common stock at the public offering price, less underwriting discounts...

Brink’s Declares Quarterly Dividend

Written by Customer Service on May 7, 2020. Posted in Public Companies.

RICHMOND, Va., May 07, 2020 (GLOBE NEWSWIRE) — The board of directors of The Brink’s Company (NYSE:BCO) today declared a regular quarterly dividend of 15 cents per share on the company’s common stock. The dividend is payable on June 1, 2020, to shareholders of record on May 18, 2020.About The Brink’s CompanyThe Brink’s Company (NYSE:BCO) is the global leader in total cash management, route-based secure logistics and payment solutions including cash-in-transit, ATM services, cash management services (including vault outsourcing, money processing and intelligent safe services), and international transportation of valuables. Our customers include financial institutions, retailers, government agencies, mints, jewelers and other commercial operations. Our global network of operations in 47 countries serves customers in more than 100...

Azucar Minerals Ltd. Grants Stock Options

Written by Customer Service on May 7, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, May 07, 2020 (GLOBE NEWSWIRE) — Azucar Minerals Ltd. (“Azucar” or the “Company”) (TSX-V: AMZ; OTCQX: AXDDF) announces that, pursuant to its Stock Option Plan, it has granted stock options to certain directors, employees and consultants of the Company to purchase an aggregate 425,000 common shares in the capital of the Company at an exercise price of $0.11 per share which expire on May 9, 2022.About AzucarAzucar is an exploration company with a mandate to thoroughly explore the El Cobre project in Veracruz, Mexico, a ~7,000 Ha property which covers multiple gold-rich porphyry targets, as demonstrated by recent drilling. Azucar holds a 100% interest in the El Cobre project, subject to net smelter returns royalty interests, assuming production from the property exceeds 10,001 tonnes...

Baytex Reports Shareholder Meeting Results

Written by Customer Service on May 7, 2020. Posted in Public Companies.

CALGARY, Alberta, May 07, 2020 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) reports that all matters presented for approval at the annual meeting of shareholders held today were approved. A total of 197,784,694 common shares being 35.29% of Baytex’s issued and outstanding shares were represented at the meeting.At the meeting, all of the nominees proposed as directors were duly elected. Results of the vote are set out below.KPMG LLP was appointed as Baytex’s auditor until the next annual meeting of shareholders, and the directors were authorized to fix their remuneration. The result of the vote is as follows.In addition, a non-binding advisory resolution with respect to Baytex’s approach to executive compensation was approved. The result of the vote is as follows.Baytex Energy Corp. is an oil and gas corporation...

Day: May 7, 2020

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