Month: May 2020

TORONTO, May 05, 2020 (GLOBE NEWSWIRE) — African Gold Group, Inc. (TSX-V: AGG) (“AGG” or the “Company”) is pleased to provide an update from the comprehensive metallurgical test work programme, undertaken as part of the definitive feasibility study (the “DFS”).Metallurgical Testing Highlights:Confirmed the potential for consistent gold recovery of 96% across all ore types, up from 80% previouslySimplified, compact process plant flowsheet, minimizes the requirement for expensive and long lead process equipmentTried and tested process flowsheet, simple to operate and cost effective, in terms of capital and operating costsFlexibility to exceed 100,000oz per year of output as determined by input feed gradeExtremely low hardness and abrasiveness of ore, resulting in very low power requirement and reduced wear on liners and mill mediaLow...

Stockholm, Sweden, Seattle, and Walldorf, Germany – Sinch AB (publ) – XSTO: SINCHSinch AB (publ), a global leader in cloud communications for mobile customer engagement, and SAP SE (NYSE: SAP) today announced that Sinch AB has entered into a definitive agreement to acquire SAP’s communications unit SAP Digital Interconnect (“SDI”). SDI offers cloud-based communications products and serves more than 1,500 enterprise customers throughout the world. Sinch and SDI share a focus on digital business transformation, creating a first-class customer experience, and ensuring the highest possible quality of services. Sinch will acquire all assets and IP belonging to SDI.Sinch, which has a scalable platform for messaging, voice and video, will pay EUR 225 million (approximately $250 million USD) on a cash and debt-free basis.The combined entity will...

The Management Board of Coop Pank AS (registry code10237832, address Narva mnt 4, Tallinn, Estonia, 15014; hereinafter the Company) calls the annual general meeting of Company’s shareholders on 28 May 2020 at 11:00 (Estonian time) held at Tallinna Ülikool conference room “Maximum” (Narva mnt 29, Tallinn, Estonia).According to the resolution of Company’s Supervisory Board, dated 25 March 2020, the agenda of Company’s annual general meeting of shareholders with the proposals of Company’s Management Board and Supervisory Board to be adopted are as follows (whereas the Supervisory Board has proposed to vote for the submitted draft decisions of each item in the agenda)1. Approval of the consolidated Annual Report 2019 of Coop Pank ASTo approve the consolidated Annual Report 2019 of Coop Pank AS, as submitted to the general meeting. 2. Profit...

Coop Pank AS-i (registrikood 10237832, aadress Narva mnt 4, Tallinn, 15014; edaspidi Selts) juhatus kutsub kokku Seltsi aktsionäride korralise üldkoosoleku, mis toimub 28. mail 2020 algusega kell 11:00 (Eesti aja järgi) Tallinna Ülikooli saalis „Maximum“ (Narva mnt 29, Tallinn).Vastavalt Seltsi nõukogu 25. märtsi 2020 otsusele on Seltsi aktsionäride korralise üldkoosoleku päevakord koos juhatuse ja nõukogu ettepanekutega vastu võetavate otsuste osas järgmine, kusjuures nõukogu on teinud ettepaneku hääletada kõikides päevakorrapunktides toodud otsuseprojektide poolt:1. Coop Pank AS-i 2019. aasta majandusaasta aruande kinnitamineKinnitada Coop Pank AS-i 2019. aasta majandusaasta aruanne üldkoosolekule esitatud kujul. 2. Coop Pank AS-i 2019. aasta majandusaasta kasumi jaotamineKinnitada Coop Pank AS-i 2019. aasta kasum 5 527 tuhat eurot...

Stockholm, Sweden – Sinch AB (publ) – XSTO: SINCHSinch AB (publ), a global leader in cloud communications for mobile customer engagement, has entered into a definitive agreement to acquire SAP Digital Interconnect (“SDI”), a unit within SAP SE, for a total cash consideration of EUR 225 million on a cash and debt-free basis.SDI offers cloud-based communications products and serves more than 1,500 enterprise customers throughout the world. Its customer base includes many of the world’s most valued brands, including top technology companies, banks, payment gateways, retail brands, and mobile operators.“Sinch and SAP both recognize the power of cloud technology to drive business transformation and deliver a superior customer experience. With SDI now becoming a part of Sinch, we build on our scale, focus and capabilities to truly redefine...

Stockholm, Sverige – Sinch AB (publ) – XSTO: SINCHSinch AB (publ), en ledande global leverantör av molntjänster för kundinteraktion via mobilen, har ingått ett bindande avtal att förvärva SAP Digital Interconnect (”SDI”), en enhet inom SAP SE, för en total kontant köpeskilling på 225 miljoner EUR.SDI erbjuder molnbaserade kommunikationstjänster och har över 1 500 företagskunder i hela världen. Bland bolagets kunder finns flera av världens högst värderade företag, bland annat ledande teknikföretag, banker, betaltjänstbolag, retailbolag och mobiloperatörer.”Sinch och SAP ser båda hur molntjänster skapar effektivare affärsprocesser och en mycket bättre kundupplevelse. När SDI nu blir en del av Sinch får vi ytterligare resurser att verkligen förändra hur företag kommunicerar med sina kunder, i hela världen”, säger Oscar Werner, vd Sinch. Sinch...

WESTPORT, Conn., May 04, 2020 (GLOBE NEWSWIRE) — Compass Diversified Holdings (NYSE: CODI) (the “Trust”)  and Compass Group Diversified Holdings LLC (the “Company” and together with the trust, “CODI”), announced today that CODI has priced a public offering of 5,000,000 common shares of the Trust at a price to the public of $17.60 per share, for gross proceeds to CODI of $88 million. The underwriters will have a 30-day option to purchase up to an additional 750,000 common shares from CODI. CODI will use the net proceeds from the offering to repay a portion of the outstanding balance of the Company’s revolving credit facility. The closing is expected to occur on or about May 7, 2020, subject to customary closing conditions.Morgan Stanley, BofA Securities, UBS Investment Bank and RBC Capital Markets are acting...

VANCOUVER, British Columbia, May 04, 2020 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning” or the “Company” or “we”, “our” or “us”) reported first quarter 2020 results today. All monetary amounts are in Canadian dollars unless otherwise stated.HIGHLIGHTSAll comparisons are to Q1 2019 results unless indicated otherwise.Despite lower revenue in Q1 2020, EBITDA(2) was $170 million and EPS(2) was $0.33, growing 5% and 9%, respectively compared to Q1 2019 adjusted results, reflecting improved execution in South America, the resiliency of our product support business, and reduced SG&A(2) costs.Product support revenue was up 4% compared to Q1 2019, driven by a 23% increase in product support revenue in South America from improved execution in Chilean mining operations.South America’s Q1 2020 EBIT(2) and EBITDA as...

PEMBROKE, Bermuda, May 04, 2020 (GLOBE NEWSWIRE) — WATFORD HOLDINGS LTD. (“Watford” or the “Company”) (NASDAQ: WTRE) today reported a net loss of $267.8 million, after $1.2 million of preference dividends, for the three months ended March 31, 2020, compared to net income of $47.6 million, after payment of $4.9 million of preference dividends, for the same period in 2019. Book value per diluted common share was $28.21 at March 31, 2020, a decrease of 35.1% from December 31, 2019.  The quarterly results include:Net loss available to common shareholders of $267.8 million, or $(13.42) per diluted common share, compared to net income of $47.6 million, or $2.10 per diluted common share, for the 2019 first quarter;Combined ratio of 104.4%, comprised of a 79.0% loss ratio, a 20.3% acquisition expense ratio and a 5.1% general and administrative...

ROAD TOWN, British Virgin Islands, May 04, 2020 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (“Aura” or the “Company”) today provided an update on the current status of operations at its properties in light of, as well as initiatives it is undertaking in response to, the ongoing global COVID-19 pandemic (the “Pandemic”).Aura remains committed through the Pandemic to uphold its most important values, which, under the 360° Mining concept, include its commitment to act responsibly, to continue to build respectful and sustainable relationships with the communities around which it operates and to meet the highest safety standards for its employees. Through the Pandemic to date, Aura has undertaken a wide range of measures not only to help curtail the spread of COVID-19, but also to actively contribute to improving conditions for...