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Day: May 22, 2020

Technical Report filed for Alpala Mineral Resource Estimate # 3

OTTAWA, May 22, 2020 (GLOBE NEWSWIRE) — Cornerstone Capital Resources Inc. (“Cornerstone” or “the Company”) (TSXV:CGP) (Frankfurt:GWN) (Berlin:GWN) (OTC:CTNXF) is pleased to announce that it has filed on SEDAR an independent technical report for the updated Mineral Resource Estimate # 3 for the Alpala deposit announced on April 7, 2020. The technical report, entitled “Cascabel Property NI 43-101 Technical Report, Alpala Mineral Resource Estimation, May 2020, Effective date: 11 November 2019”, Signature date 22 May 2020” is available under Cornerstone’s profile on SEDAR at www.sedar.com and on Cornerstone’s web site (www.cornerstoneresources.com).About Cornerstone and the Cascabel Joint Venture:Cornerstone Capital Resources Inc. is a mineral exploration company with a diversified portfolio of projects in Ecuador and Chile,...

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Freddie Mac Announces Pricing of $376 Million Multifamily Small Balance Loan Securitization

MCLEAN, Va., May 22, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) announces the pricing of the SB74 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to issue approximately $376 million in SB Certificates (SB74 Certificates), which are expected to settle on or about May 29, 2020. Freddie Mac Small Balance Loans generally range from $1 million to $7.5 million and are generally backed by properties with five or more units. This is the fifth SB Certificate transaction in 2020.SB74 PricingDetails:Co-Lead Managers and Joint Bookrunners: Wells Fargo Securities, LLC and J.P. Morgan Securities LLCCo-Managers: Multi-Bank Securities, Inc., Performance Trust Capital Partners, LLC, Stifel, Nicolaus & Company, Incorporated...

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SEB Provides Further Update on Strategic Financing Transaction

MISSISSAUGA, Ontario, May 22, 2020 (GLOBE NEWSWIRE) — Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV: SEB) announces that it is continuing to work on completing the Company’s $20,000,000 private placement financing, which is being provided by a large strategic investor.  The proceeds of the financing will be used to repay term indebtedness of the Company.  The financing was initially announced by press release dated November 5, 2019 and most recently by press release dated April 22, 2020. The completion of the strategic financing transaction has been delayed due to challenges and delays related to the COVID-19 pandemic, but the Company still expects to close the financing transaction coincident with the completion of an operating credit facility, which negotiations are in process.The TSX Venture Exchange (the “Exchange”)...

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Outcome of Subscription to AS LHV Group AT1 bonds

The offering of AS LHV Group bonds belonging to the additional Tier 1 own funds (AT1 bonds) to financial institutions and well-informed investors with a larger investment portfolio ended today, on 22 May. As the initial issue volume of EUR 10 million was oversubscribed more than two times by a total of 29 investors in the sum EUR 23 million, LHV used its right to increase the issue volume to EUR 15 million. The issuer did not satisfy subscription undertakings exceeding the EUR 15 million volume.LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group’s key subsidiaries are LHV Pank and LHV Varahaldus. LHV employs over 460 people. LHV’s banking services are used by 219,000 clients, and pension funds managed by LHV have 178,000 active clients. Additionally, LHV’s UK branch offers banking infrastructure...

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AS-i LHV Group AT1 võlakirjade märkimistulemused

Täna, 22. mail lõppes AS-i LHV Group täiendavatesse esimese taseme omavahenditesse kuuluvate võlakirjade (AT1 võlakirjade) pakkumine finantsinstitutsioonidele ja suurema investeerimisportfelliga teadlikumatele investoritele. Kokkuvõttes märgiti AT1 võlakirju 29 investori poolt summas 23 miljonit eurot, seega märgiti emissiooni esialgne maht 10 miljonit eurot rohkem kui kahekordselt üle. LHV kasutas õigust suurendada emissiooni mahtu 15 miljoni euroni. 15 miljoni euro mahtu ületavaid märkimisavaldusi emitent ei rahuldanud.LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV Groupi peamised tütarettevõtted on LHV Pank ja LHV Varahaldus. LHV-s töötab üle 460 inimese. LHV pangateenuseid kasutab ligi 219 000 klienti ja LHV hallatavatel pensionifondidel on ligi 178 000 aktiivset klienti. LHV Ühendkuningriigi filiaal...

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Robex Resources Inc. Announces the First Encouraging Results of the 2020 Exploration Program.

QUEBEC CITY, May 22, 2020 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex” or “the Company”) (TSXV: RBX/FWB: RB4) is pleased to report initial encouraging results from the 2020 exploration program.The 2020 exploration programme began with areas around the main Nampala pit. The exploration system was set up on February 5 in the E2 zone with a first drill, followed by the addition of a second drill on February 14 and a third drill on March 20.Management’s decision to completely confine the Nampala site given the COVID situation has slowed down this pace, which has implied temporarily keeping only one drill operational; this was done to limit the number of people on site.Given that this situation is exceptional and temporary, we plan to make up for the delay by commissioning not 3, but 4 drills as soon as confinement is shortly lifted.This...

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Ressources Robex Inc. annonce les premiers résultats encourageants du programme d’exploration 2020

QUÉBEC, 22 mai 2020 (GLOBE NEWSWIRE) — Ressources Robex Inc. (« Robex » ou « la Société ») (TSXV : RBX/FWB : RB4) est heureuse de communiquer les premiers résultats encourageants du programme d’exploration 2020.Le programme d’exploration 2020 a commencé par des zones se situant autour de la fosse principale de Nampala. Le dispositif d’exploration s’est mis en place le 5 février dans la zone dite E2 avec une première foreuse, puis avec l’ajout le 14 février d’une deuxième foreuse et le 20 mars d’une troisième foreuse.Le contexte COVID et la décision prise par la direction de confiner totalement le site de Nampala, a ralenti cette cadence et cela a impliqué de conserver temporairement qu’une seule foreuse opérationnelle ; ceci afin de limiter le nombre de personnes sur site.Cette situation étant exceptionnelle et provisoire, nous...

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Delphi Energy Corp. Announces Approval of Interim Financing and Extension of Stay Period to October 9, 2020

CALGARY, Alberta, May 22, 2020 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces that it has obtained an order from the Court of Queen’s Bench of Alberta (the “Court”) granted in Delphi’s proceedings under the Companies’ Creditors Arrangement Act (the “CCAA”): (i) extending the stay period to October 9, 2020, (ii) approving interim financing arrangements intended to fund the Company’s operations and expenses during the CCAA proceedings, and (iii) approving a claims process with a claims bar date of July 10, 2020.Interim financing arrangements will be provided by ATB Financial pursuant to an interim letter of credit facility, in an aggregate amount not to exceed $6.25 million, and by Luminus Energy IE Designated Activity Company (“Luminus Energy”), an affiliate of a pooled investment vehicle of Luminus...

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