Day: May 14, 2020

Extendicare Announces 2020 First Quarter Results

MARKHAM, Ontario, May 14, 2020 (GLOBE NEWSWIRE) — Extendicare Inc. (“Extendicare” or the “Company”) (TSX: EXE) today reported results for the three months ended March 31, 2020. Results are presented in Canadian dollars unless otherwise noted.“The past two months have been especially trying for our residents, clients, frontline workers and their families,” said President and Chief Executive Officer, Dr. Michael Guerriere. “I want to express my heartfelt thanks to our team for their ongoing care and commitment. They have worked tirelessly, under very challenging circumstances and their efforts are truly appreciated. While the situation continues to evolve, we are closely monitoring any changes and adapting our response to best protect our residents, clients and staff. We remain singularly focused on providing the compassionate support...

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Alphamin Completes Offering of US$31 Million of Shares for Prepayments of Debts and Signs Amended Credit Facility Agreement

NOT FOR DISTRIBUTION IN THE U.S. OR TO U.S. NEWSWIRE SERVICESGRAND BAIE, Mauritius, May 14, 2020 (GLOBE NEWSWIRE) — Alphamin Resources Corp. (AFM:TSXV, APH:JSE AltX, “Alphamin” or the “Company”) is pleased to announce that it has completed its previously announced offering of common shares pursuant to which an aggregate of 312,319,539 common shares were issued (approximately US$31.01 million) (the “Offering”).The Company issued for cash on a non-brokered private placement basis 100,819,541 common shares at a price of C$0.14 for gross proceeds of approximately C$14,114,736 (approximately US$10.01 million). Of this amount, 60,428,571 common shares (approximately US$6 million) were acquired by the Company’s major shareholder, Tremont Master Holdings (“Tremont”). Directors and officers of Alphamin and their associates and affiliates...

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Onex Second Quarter Dividend Declared

All amounts in U.S. dollars unless otherwise stated TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Onex Corporation (TSX: ONEX) today declared a second quarter dividend of C$0.10 per Subordinate Voting Share payable on July 31, 2020 to shareholders of record on July 10, 2020.For further information:Claire Glossop IraniDirector, Client and Product SolutionsTel: +1 416.362.7711Onex Website:  www.onex.com

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21Vianet Group, Inc. Reports Unaudited First Quarter 2020 Financial Results

BEIJING, May 14, 2020 (GLOBE NEWSWIRE) — 21Vianet Group, Inc. (Nasdaq: VNET) (“21Vianet” or the “Company”), a leading carrier- and cloud-neutral Internet data center services provider in China, today announced its unaudited financial results for the first quarter ended March 31, 2020. The Company will hold a conference call at 8:00 P.M. on Thursday, May 14, 2020, U.S. Eastern Time to discuss the financial results. Dial-in details are provided at the end of this release.First Quarter 2020 Financial HighlightsNet revenues increased by 25.1% to RMB1.09 billion (US$154.1 million) from RMB871.9 million in the same period of 2019.Adjusted cash gross profit (non-GAAP) increased by 2.6% to RMB417.1 million (US$58.9 million) from RMB406.7 million in the same period of 2019. Adjusted cash gross margin (non-GAAP) was...

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Diversified Royalty Corp. Announces First Quarter Results

VANCOUVER, British Columbia, May 14, 2020 (GLOBE NEWSWIRE) — Diversified Royalty Corp. (TSX: DIV and DIV.DB) (the “Corporation” or “DIV”) is pleased to announce its financial results for the three months ended March 31, 2020 (“Q1 2020”).HighlightsRevenues of $7.3 million and adjusted revenues of $8.5 million for Q1 2020.Acquired the trademarks and certain other intellectual property rights (collectively, the “Oxford Rights”) related to franchised supplemental education business of Oxford Learning Centres, Inc. (“Oxford”) on February 20, 2020.Completed bought-deal public offering of 10,810,000 common shares at $3.20 per share on March 5, 2020 for gross proceeds of $34.6 million.First Quarter ResultsIn Q1 2020, DIV generated $7.3 million of revenue compared to $6.4 million in the three months ended March 31, 2019 (“Q1 2019”). The...

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Apergy to Host Fireside Chat Conference Call

THE WOODLANDS, Texas, May 14, 2020 (GLOBE NEWSWIRE) — Apergy Corporation (“Apergy”) (NYSE: APY) announced today that Soma Somasundaram, President and Chief Executive Officer, will host a fireside chat conference call facilitated by James West of Evercore on Monday, May 18, 2020 at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Deric Bryant, Executive Vice President of Ecolab Inc. and President of ChampionX, will join as an invited guest to discuss the pending merger between Apergy and ChampionX.The call will be available by live webcast on Apergy’s website at www.apergy.com or by dialing in as follows:US and Canada:            1-888-424-8151International:                  1-847-585-4422Reference:                      Apergy conference call number 7170 070Please register for the webcast or dial into the call approximately 15...

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Farmers & Merchants Bancorp Announces Increased Cash Dividend for the 55th Consecutive Year

LODI, Calif., May 14, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Farmers & Merchants Bancorp (OTCQX: FMCB), a bank holding company headquartered in Lodi, California, declared a mid-year cash dividend of $7.25 per share, an increase over the $7.05 per share declared in May of 2019. The cash dividend will be paid on July 1, 2020, to shareholders of record on June 12, 2020. Kent A. Steinwert, Chairman, President and CEO noted, “The Board is pleased with the Company’s record first quarter 2020 and record full-year 2019 financial results and unanimously approved the cash dividend. This year marks the 85th consecutive year that Farmers & Merchants Bancorp has paid cash dividends and the 55th consecutive year we have increased dividends. As a result of the reliability of our cash dividends over many decades, we remain...

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Global Atomic Announces Q1 2020 Results

TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — Global Atomic Corporation (“Global Atomic” or the “Company”) (TSX: GLO, FRANKFURT: G12, OTCQX: GLATF), the multi-asset development company with cash flow from the BST facility in Turkey and one of the world’s premium uranium development assets, at the Dasa Project in the Republic of Niger, is pleased to announce its operating and financial results for the 3 months ended March 31, 2020.HIGHLIGHTSA Preliminary Economic Assessment (“PEA”) of the Phase 1 plan for Dasa was summarized in a press release on April 15, 2020, indicating a 12 year mine life to produce 44.1 million pounds U3O8.The PEA estimates cash costs of $16.72/lb U3O8 and an all-in sustaining cost of $18.39/lb U3O8.Based on a U3O8 price of $35/lb, the after-tax NPV at 8% was estimated at $211 million for an after-tax IRR of 26.6%.The...

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