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Month: June 2020

Probe Metals Intersects 8.9 g/t Au over 10.8 metres on the Courvan Gold Trend, Val-d’Or East Project, Quebec

Highlights:2020 drilling program successfully confirms and expands Courvan gold zones including Creek, Bussiere West and Southeast Zones which remain open along strike and at depth (below 250 metres)High-grade expansion of the Southeast Zone to over 300 metres in strike length, new near surface intercepts of 8.9 g/t Au over 10.8 metres, including 26.7 g/t Au over 2.5 metres and 7.3 g/t Au over 1.0 metres expanding the zone to the EastSignificant infill drilling results in the Creek Zone with interval grading 6.8 g/t Au over 14.0 metres, including 39.8 g/t Au over 1.0 metres and 29.1 g/t Au over 1.0 metres at 150 metres vertical depthDrilling has resumed on the Courvan, Monique and Cadillac Break East properties with one drill rig per propertyTORONTO, June 02, 2020 (GLOBE NEWSWIRE) — Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF)...

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Probe Metals obtient 8,9 g/t Au sur 10,8 mètres le long du couloir aurifère Courvan, projet Val-d’Or Est, Québec

Faits saillants :Le programme de forage 2020 réussit à confirmer et à augmenter l’étendue des zones aurifères à Courvan, incluant les zones Creek, Bussières Ouest et Sud-est, qui demeurent ouvertes latéralement ainsi qu’en profondeur (sous les 250 mètres)Expansion à haute teneur de la zone Sud-est, à plus de 300 mètres d’étendue latérale, avec de nouvelles intersections près de la surface titrant 8,9 g/t Au sur 10,8 mètres, incluant 26,7 g/t Au sur 2,5 mètres et 7,3 g/t Au sur 1,0 mètre, prolongeant ainsi la zone vers l’estRésultats de forage intercalaire significatifs dans la zone Creek avec un intervalle titrant 6,8 g/t Au sur 14,0 mètres, incluant 39,8 g/t Au sur 1,0 mètre et 29,1 g/t Au sur 1,0 mètre à 150 mètres de profondeur verticaleLes travaux de forage ont redémarré sur les propriétés Courvan, Monique et Cadillac Break Est, avec...

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Centerra Gold Announces Commercial Production at Öksüt

TORONTO, June 02, 2020 (GLOBE NEWSWIRE) — Centerra Gold Inc. (“Centerra”) (TSX: CG) is pleased to announce that the Öksüt Gold Mine located in Turkey has achieved commercial production as of May 31, 2020.  Since first gold pour on January 31, 2020, the Öksüt Gold Mine has continued to ramp-up mining, crushing, stacking, irrigation of the heap leach pad, as well as, the operation of the ADR plant and gold production.Scott Perry, President and CEO said, “Commercial production at Öksüt marks a major milestone for the Company. Öksüt was delivered on time and under budget. Centerra now has three producing operations which are expected to generate meaningful free cash flow as we continue to deliver growth and value for shareholders.”About CenterraCenterra Gold Inc. is a Canadian-based gold mining company focused on operating, developing,...

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VÍS: Tilkynning vegna viðskiptavaktar

Vátryggingafélagi Íslands hf. hefur borist tilkynning frá Arion banka sem sinnir viðskiptavakt með hlutabréf félagsins. Samkvæmt tilkynningunni er ekki lengur þörf til að beita heimild í samningnum um að víkja frá skilyrðum samningsins hvað varðar verðbil og fjárhæðir vegna óviðráðanlegra aðstæðna, sbr. tilkynningu frá 12.03.2020. Gilda því ákvæði samningsins um verðbil og fjárhæðir að nýju.

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EagleBank Rises to Meet COVID-19 Challenge

BETHESDA, Md., June 02, 2020 (GLOBE NEWSWIRE) — EagleBank, one of the largest community banks in the Washington, D.C., metropolitan area, announced today that it had successfully provided financial relief to an unprecedented volume and range of bank customers affected by the COVID-19 crisis who were seeking federal funding packages.In order to meet the urgent demand for assistance from bank clients, EagleBank deployed over 70 bank team members to support the 5 veteran members of the SBA Lending Group.  These additional staffers, together with the SBA team, worked round the clock to enter and push through Paycheck Protection Program (PPP) applications – further assisted by numerous EagleBank colleagues who were reviewing and validating all applications submitted.  As of May 10, 2020, EagleBank had approved over 1,330 applications...

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Baozun Announces First Quarter 2020 Unaudited Financial Results

SHANGHAI, China, June 02, 2020 (GLOBE NEWSWIRE) — Baozun Inc. (Nasdaq: BZUN) (“Baozun” or the “Company”), the leading brand e-commerce service partner that helps brands execute their e-commerce strategies in China, today announced its unaudited financial results for the first quarter ended March 31, 2020.First Quarter 2020 Financial HighlightsTotal net revenues were RMB1,523.6 million (US$1215.2 million), an increase of 18.4% year-over-year. Services revenue was RMB822.5 million (US$116.2 million), an increase of 22.9% year-over-year.Income from operations was RMB12.8 million (US$1.8 million), as compared with RMB45.8 million in the same quarter of last year. Operating margin was 0.8%, compared with 3.6% in the same quarter of last year.Non-GAAP income from operations2 was RMB36.8 million (US$5.2 million),...

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Livongo Announces Pricing of Upsized $475.0 Million Convertible Senior Notes Offering

MOUNTAIN VIEW, Calif., June 02, 2020 (GLOBE NEWSWIRE) — Livongo Health, Inc. (“Livongo”) (Nasdaq: LVGO), the leading Applied Health Signals company empowering people with chronic conditions to live better and healthier lives, today announced the pricing of $475.0 million aggregate principal amount of 0.875% convertible senior notes due 2025 (the “notes”) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). The aggregate principal amount of the offering was increased from the previously announced offering size of $400.0 million. Livongo also granted the initial purchasers a 13-day option to purchase up to an additional $75.0 million aggregate principal amount of notes. The offering is expected to close on June 4, 2020, subject to customary...

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Ruhnn Announces up to US$15 Million Share Repurchase Program

HANGZHOU, China, June 02, 2020 (GLOBE NEWSWIRE) — Ruhnn Holding Limited (“Ruhnn” or the “Company”) (NASDAQ: RUHN), a leading internet key opinion leader (“KOL”) facilitator in China, today announced its board of directors (the “Board”) has approved a share repurchase program. Under the terms of the approved program, the Company may repurchase up to US$15 million worth of its outstanding American depositary shares (“ADSs”) from time to time for a period not to exceed twelve months from the date hereof. The Company expects to fund the repurchases made under this program from its existing cash balance. The repurchases may be made in the open market at prevailing market prices or through privately negotiated transactions, including block trades. The purchases will be made subject to restrictions relating to volume, price and timing. The...

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Cargotec completes the ownership change of joint venture in China

CARGOTEC CORPORATION, PRESS RELEASE, 2 JUNE 2020 AT 1 PM (EEST)Cargotec has completed the sale of its share of the joint venture Rainbow-Cargotec Industries Co., Ltd (RCI) in China. As part of the agreement, Cargotec acquired certain operations and assets of the joint venture from Jiangsu Rainbow Heavy Industries Co., Ltd. (RHI), and approximately 160 employees have moved over from RCI to Kalmar.On 11 May 2020, Cargotec announced plans to sell its 49% share of the joint venture to the other owner RHI. RHI now owns 100% of the former joint venture, and the new name of the company is Rainbow Industries Co. Ltd. (RIC). RIC will continue as Cargotec’s subcontractor and provide assembly services for Cargotec’s business areas Kalmar and MacGregor at the factory in Taicang, China.The change aims to simplify Cargotec’s global supply chain operations....

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Cargotec saattaa päätökseen yhteisyrityksen omistusmuutoksen Kiinassa

CARGOTEC OYJ, LEHDISTÖTIEDOTE, 2.6.2020 KLO 13Cargotec on saattanut päätökseen omistusosuutensa myynnin Rainbow-Cargotec Industries Co., Ltd (RCI) -yhteisyrityksestä Kiinassa. Sopimuksen osana Cargotec osti tiettyjä toimintoja ja niihin liittyviä omaisuuseriä Jiangsu Rainbow Heavy Industries Co., Ltd.:ltä (RHI), ja noin 160 työntekijää on siirtynyt RCI:stä Kalmariin.Cargotec julkaisi 11.5.2020 suunnitelman 49 % omistusosuutensa myymisestä yhteisyrityksen toiselle omistajalle RHI:lle. RHI omistaa nyt 100% entisestä yhteisyrityksestä, jonka uusi nimi on Rainbow Industries Co. Ltd. (RIC). RIC jatkaa Cargotecin alihankkijana, joka tarjoaa Kalmar- ja MacGregor -liiketoiminta-alueille kokoonpanopalveluita tehtaallaan Taicangissa Kiinassa. Muutoksella pyritään yksinkertaistamaan Cargotecin globaalia toimitusketjua. Toimintamallin yksinkertaistamista...

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