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Day: May 7, 2020

Newtek Small Business Finance Lends Financial Support To Credit Unions and Their Members Through PPP Loans

BOCA RATON, Fla., May 07, 2020 (GLOBE NEWSWIRE) — Newtek Business Services Corp., (Nasdaq: NEWT), an internally managed business development company (“BDC”), today announced that Newtek Small Business Finance, LLC (“NSBF”), the Company’s nationally licensed lender under the U.S. Small Business Administration (“SBA”) Section 7(a) Program, has processed approximately $80 million of Paycheck Protection Program (“PPP”) loans across 33 separate credit unions with 2,197 member businesses. NSBF estimates that these PPP loans resulted in approximately 11,749 employees being retained on the payroll of NSBF’s PPP borrowers. As of the date of this release, there is $120 billion of availability remaining for the SBA 7(a) program, which includes SBA 7(a) loans and PPP loans, and NSBF is working closely with credit unions and their members to...

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Athabasca Oil Corporation Announces Results from 2020 Annual Shareholder Meeting

CALGARY, May 07, 2020 (GLOBE NEWSWIRE) — Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters presented for approval at the Annual General Meeting of Shareholders held May 7, 2020 have been fully authorized and approved. The items on the agenda included fixing the number of directors to be elected at seven, electing seven proposed director nominees and the appointment of Ernst & Young LLP as auditors. A recording of the meeting and corporate presentation will be made available at https://www.atha.com/investors/presentation-events.html.The Board would like to welcome Mr. John Festival as a new director. Mr. Festival has over three decades of experience in the oil and gas industry with a strong background in Thermal Oil projects and a track record for creating shareholder value. Mr. Festival...

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First Midwest Bancorp, Inc. Announces Change to Virtual 2020 Annual Meeting of Stockholders

CHICAGO, May 07, 2020 (GLOBE NEWSWIRE) — First Midwest Bancorp, Inc. (the “Company” or “First Midwest”) today announced that its 2020 Annual Meeting of Stockholders will be held in a virtual meeting format to protect the health, safety and well-being of its stockholders and colleagues during the coronavirus (COVID-19) pandemic, and taking into account related governmental directives and guidance. As such, stockholders will not be able to attend the annual meeting in person. The annual meeting will continue to be held, as previously announced, on Wednesday, May 20, 2020, at 9:00 a.m. Central time.Stockholders of record as of the close of business on March 27, 2020, the record date for the annual meeting, may attend the meeting at www.meetingcenter.io/253702787 (meeting password: FMBI2020) by logging in and entering the control number...

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Hudbay Announces US$115 Million Gold Prepay to Fully Fund Snow Lake Gold Growth

TORONTO, May 07, 2020 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE: HBM) today announced that the company has entered into a gold forward sale and prepay arrangement (“Gold Prepay”) with a syndicate of its existing lenders whereby the company will receive an upfront payment of US$115 million in exchange for delivering a total of 79,954 gold ounces in 2022 and 2023 based on gold forward curve prices averaging approximately US$1,682 per ounce. The upfront payment is not subject to any conditions and will be paid on May 11, 2020.“We are pleased to bolster our liquidity position and prefund the entire capital budget for the New Britannia gold mill refurbishment, which is a low-risk, high-return investment with a short payback that is expected to more than double our gold production in Snow Lake to over...

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Sprott Inc. Declares First Quarter 2020 Dividend

TORONTO, May 07, 2020 (GLOBE NEWSWIRE) — Sprott Inc. (“Sprott” or the “Company”) (TSX:SII) today declared an eligible dividend of $0.03 per common share for the quarter ended March 31, 2020, payable on June 3, 2020 to shareholders of record at the close of business on May 19, 2020.About SprottSprott is an alternative asset manager and a global leader in precious metal investments. Through its subsidiaries in Canada, the US and Asia, Sprott is dedicated to providing investors with specialized investment strategies that include Exchange Listed Products, Lending, Managed Equities and Brokerage. Sprott’s common shares are listed on the Toronto Stock Exchange under the symbol (TSX:SII). For more information, please visit www.sprott.com.Investor contact information:Glen WilliamsManaging Director(416) 943-4394gwilliams@sprott.com

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Points Expands Partnership with Aeroplan

TORONTO, May 07, 2020 (GLOBE NEWSWIRE) — Points (TSX:PTS) (Nasdaq:PCOM), the global leader in powering loyalty commerce, today announced that it has expanded its existing relationship with Aeroplan, the loyalty program of Air Canada to further leverage Points’ Loyalty Commerce Platform. Through this expanded relationship, Aeroplan Members now have the ability to buy and gift Aeroplan Miles to reach rewards faster.The ability to buy Aeroplan Miles to boost their own balance, or gift Aeroplan Miles to family and friends, will now be available to Aeroplan Members outside of the Flight Reward booking flow. What’s more, Members will be able to take advantage of tailored buy Aeroplan Miles offers, ensuring the best possible member experience.To help Aeroplan Members get ready for their future travels while they’re at home, starting today...

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Yara approves dividend and elects Board members in line with Nomination Committee proposal

Oslo, 7 May 2020: The Yara International ASA Annual General Meeting today approved a dividend of NOK 15.00 per share and elected Board and Nomination Committee members in line with the Nomination Committee’s proposal. The new Board elected Trond Berger as its chair and Kimberly Lein- Mathisen as vice chair. All agenda items were approved in line with the proposals in the Annual General Meeting notice. The dividend of NOK 15.00 per share will be paid on 18 May 2020 to shareholders as of 7 May 2020, and the Yara share will be traded ex-dividend from 8 May 2020. American Depository Receipts (ADRs) will also be traded ex-dividend from 8 May 2020, with a dividend payment date of 26 May 2020.

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Yara vedtar utbytte og velger styremedlemmer i tråd med valgkomiteens innstilling

Oslo, 7. mai 2020: Yaras generalforsamling vedtok i dag et utbytte på 15,00 kroner pr. aksje og valg av medlemmer til styret og valgkomiteen i tråd med valgkomiteens innstilling. Det nye styret valgte Trond Berger som styreleder og Kimberly Lein-Mathisen som nestleder. Alle saker på agendaen ble godkjent av generalforsamlingen i tråd med forslagene i innkallingen.Utbyttet på 15,00 kroner pr. aksje utbetales 18. mai 2020 til aksjonærer pr. 7. mai 2020. Yara-aksjen noteres eks. utbytte fra og med 8. mai 2020. Amerikanske depotbevis (ADR) noteres også eks. utbytte 8. mai 2020, med utbetalingsdato 26. mai 2020.

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TELUS announces election of directors

All resolutions at annual meeting approved by large majorityVANCOUVER, British Columbia, May 07, 2020 (GLOBE NEWSWIRE) — TELUS Corporation (TELUS) (TSX: T, NYSE: TU) announced today that the nominees listed in the Company’s 2020 information circular were elected as directors of TELUS. The detailed results of the vote for the election of directors held at TELUS’ annual meeting on May 7, 2020 (the Meeting) are set out below.Each of the following 13 nominees proposed by management was elected as a director of TELUS:  All matters voted on at the Meeting were approved as follows:  Final voting results on all matters voted on at the Meeting will be published shortly on www.telus.com/agm2020, and filed with the Canadian and U.S. securities regulators.About TELUSTELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications and information...

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Dévoilement des administrateurs élus de TELUS

Toutes les résolutions votées lors de l’assemblée générale ont été approuvées par une grande majoritéVANCOUVER, Colombie-Britannique, 07 mai 2020 (GLOBE NEWSWIRE) — TELUS Corporation (TELUS) (TSX : T, NYSE : TU) a annoncé aujourd’hui que les candidats nommés dans la circulaire d’information de 2020 de l’entreprise ont été élus administrateurs de TELUS. Les résultats détaillés de l’élection des administrateurs ayant eu lieu à l’Assemblée annuelle le 7 mai 2020 (l’Assemblée) figurent ci-dessous.Chacun des 13 candidats mis en nomination par la direction a été élu administrateur de TELUS.  Toutes les questions soumises au vote lors de l’Assemblée ont été approuvées.Les résultats définitifs pour toutes les questions soumises au vote à l’Assemblée seront publiés sous peu à telus.com/aga2020 et déposés auprès des autorités en valeurs mobilières...

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