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Month: May 2020

Marathon Gold Announces Appointment of James Gowans to Board of Directors

TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) is pleased to announce the appointment of James (Jim) Gowans to its Board of Directors, effective June 1, 2020.Mr. Gowans has over 30 years of experience in mineral exploration, technical and economic project studies, and mine construction, commissioning and operations.Mr. Gowans has been Interim President and Chief Executive Officer of Trilogy Metals Inc. since September 2019 and will remain in that role until May 31, 2020, after which he will continue to serve as a director of the company.Previously, Mr. Gowans was President and Chief Executive Officer of Arizona Mining Inc. from 2016 to 2018 when the company was purchased by South32 Limited. Prior to that, he was with Barrick Gold Corporation as Senior Advisor to the Chairman...

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Probe Metals Completes Acquisition of 100% Interest in the Detour Quebec Project

TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce the completion of the previously announced acquisition of SOQUEM Inc’s (“SOQUEM”) 25% interest in the Company’s Detour Quebec Joint-Venture Project (the “Transaction”). The details of the transaction and the property are described in the Company’s press release dated April 27, 2020.Pursuant to the Transaction, Probe owns 100% of the Detour Quebec Project. The Company acquired SOQUEM’s interest for total consideration of i) 599,359 common shares to SOQUEM for a total value of $425,000 based on 20-day volume weighted average price (VWAP) of $0.709 per share on the TSX Venture Exchange (the “Exchange”); and ii) subject to regulatory approval, one milestone payment of $1,000,000 if a positive Preliminary...

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Probe Metals clôture l’acquisition d’une participation de 100 % dans le projet Detour Québec

TORONTO, 14 mai 2020 (GLOBE NEWSWIRE) — Probe Metals Inc. (TSX-V : PRB) (OTCQB : PROBF) (« Probe » ou la « Société ») a le plaisir d’annoncer la clôture de l’acquisition annoncée antérieurement de la participation de 25 % de SOQUEM inc. (« SOQUEM ») dans le projet en coentreprise Detour Québec de la Société (la « transaction »). Les détails de la transaction et la propriété sont décrits dans le communiqué publié par la Société le 27 avril 2020.En vertu de la transaction, Probe détient désormais une participation de 100 % dans le projet Detour Québec. La Société a acquis la participation de SOQUEM pour une contrepartie totale de : i) 599 359 actions ordinaires de SOQUEM d’une valeur totale de 425 000 $ en se basant sur le prix moyen pondéré en fonction du volume sur 20 jours de 0,709 $ par action à la Bourse de croissance TSX (la...

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CCL Industries Announces First Quarter Results

First Quarter HighlightsAdjusted basic earnings per Class B share(3) of $0.72 up 1.4%; basic earnings per Class B share of $0.71 up 1.4%; currency translation negative $0.01 per shareSales declined 2.7% on organic declines across all SegmentsConsolidated operating income(1) down 2.2%; up 15.1% and 6.2% for Avery and Innovia Segments, respectively offset by decline of 1.0% and 40.4% for CCL and Checkpoint Segments, respectively15.4% operating margin(1), flat to first quarter 2019TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — CCL Industries Inc. (“the Company”) (TSX:CCL.A) (TSX:CCL.B), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, today reported 2020 first quarter results.Sales for the first quarter of 2020 decreased 2.7% to $1,296.5...

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Troilus Expands the Southwest Zone and Demonstrates Continuation of Higher Grade System

TORONTO, May 14, 2020 (GLOBE NEWSWIRE) — Troilus Gold Corp. (TSX: TLG; OTCQB: CHXMF) (“Troilus” or the “Company”) reports additional results from the 6,000 metre drill program completed earlier this year in the Southwest Zone (the “Southwest Zone” or “SWZ”) at its 100%-owned Troilus property (the “Troilus Project”) located northeast of Chibougamau, Quebec in the prospective Frôtet-Evans Greenstone belt. All drill holes reported herein successfully intersected the targeted system and demonstrated geology similar to the main mineralized zone on the property, Z87, located less than 3.5 kilometres to the northeast of the SWZ.  Highlights of the new drill results include*:Several high-grade gold intercepts were encountered within wider intervals of disseminated gold; a phenomenon consistent with the high-grade gold trend observed in...

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First Majestic Reports First Quarter Financial Results; Temporarily Postpones the Sale of Silver and Gold Due to COVID-19; Announces Operational Restart Procedures

VANCOUVER, British Columbia, May 14, 2020 (GLOBE NEWSWIRE) — First Majestic Silver Corp. (AG: NYSE; FR: TSX) (the “Company” or “First Majestic”) is pleased to announce the unaudited interim consolidated financial results of the Company for the first quarter ended March 31, 2020. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s website at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise.FIRST QUARTER 2020 HIGHLIGHTS(compared to Q1 2019)Revenues of $86.1 million, or 1% lower compared to Q1 2019, primarily due to suspending sales in March in an attempt to maximize future profits due to metals market volatilityPostponed the sale of 292,000 ounces of silver and...

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QuoteMedia Announces 3% Growth in Revenue for Q1 2020

PHOENIX, May 14, 2020 (GLOBE NEWSWIRE) — QuoteMedia, Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, announced financial results for the three months ended March 31, 2020. These results reflect a 3% increase in year-over-year quarterly revenues, from $2,870,619 in Q1 2019 to $2,966,584 in Q1 2020.QuoteMedia provides banks, brokerage firms, exchanges, financial portals, private equity firms, financial planners, professional traders and sophisticated investors with economical, high quality stock market data, news, analytics and research information. QuoteMedia provides streaming data feeds, on-demand request-based data (XML/JSON), web content solutions (preformatted content for website integration) and terminal-style applications such as Quotestream Professional desktop and mobile.“We are happy with...

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TransUnion Declares First Quarter 2020 Dividend of $0.075 per Share

CHICAGO, May 14, 2020 (GLOBE NEWSWIRE) — TransUnion (NYSE: TRU) today announced that its Board of Directors declared a cash dividend of $0.075 per share for the first quarter 2020. The dividend will be payable on June 12, 2020 to shareholders of record on May 28, 2020. About TransUnion (NYSE: TRU)TransUnion is a global information and insights company that makes trust possible in the modern economy. We do this by providing a comprehensive picture of each person so they can be reliably and safely represented in the marketplace. As a result, businesses and consumers can transact with confidence and achieve great things. We call this Information for Good.®A leading presence in more than 30 countries across five continents, TransUnion provides solutions that help create economic opportunity, great experiences and personal empowerment...

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