Day: July 14, 2020
MIDLAND, Texas, July 14, 2020 (GLOBE NEWSWIRE) — Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today provided an operational update for the second quarter of 2020 and announced revised full year 2020 guidance.SECOND QUARTER 2020 UPDATEQ2 2020 average production of 176.3 MBO/d (294.1 MBOE/d). After voluntarily curtailing 9.0 MBO/d (16.1 MBOE/d) of total Q2 2020 production, primarily in May, Diamondback elected to return this curtailed production in June, with nearly all curtailed production back online todayQ2 2020 average realized hedged prices of $35.21 per barrel of oil, $7.17 per barrel of natural gas liquids and $0.33 per Mcf of natural gas, resulting in a total equivalent price of $22.95 per BOE. Diamondback realized total hedging gains of $211 million in the second quarter,...
Generation Mining to Commence Trading on the Toronto Stock Exchange on July 15, 2020
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TORONTO, July 14, 2020 (GLOBE NEWSWIRE) — Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company”) is pleased to announce that it has received final approval for the listing of its common shares on the Toronto Stock Exchange (“TSX”). Effective at market open on July 15, 2020, Gen Mining will commence trading on the TSX under the ticker symbol “GENM”. In connection with the TSX listing, the common shares of the Company were delisted from the Canadian Securities Exchange effective as of the close of business on July 14, 2020.Gen Mining believes that the TSX listing is a significant next step in the Company’s progression, and which should facilitate access to a broader range of investors as well as provide exposure to larger pools of capital, including long-term institutional investors and large investors...
Comstock Appoints John Harrison as SVP/Development
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RESTON, Va., July 14, 2020 (GLOBE NEWSWIRE) — Comstock Holding Companies, Inc., (NASDAQ: CHCI) announced today the appointment of John Harrison as SVP/Development of its commercial real estate asset management subsidiary, CDS Asset Management, LC. In this role, Mr. Harrison will lead Comstock’s development team that is responsible for the development of two of largest transit-oriented and mixed-use projects in the Washington, DC area, along with other development and construction activities related to the growing portfolio of assets that Comstock manages in Arlington, Fairfax, and Loudoun Counties in northern Virginia.Prior to joining Comstock, Harrison served for nearly ten years as VP and SVP/Development at The Macerich Company, where he led the team responsible for the development of the 1.4 million square foot, $600 million...
Tower One Announces the Sale of a Select Portfolio of Towers in Mexico
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VANCOUVER, British Columbia, July 14, 2020 (GLOBE NEWSWIRE) — TOWER ONE WIRELESS CORP. (CSE: TO) (OTCQB: TOWTF) (Frankfurt: 1P3N) (“Tower One” or the “Company”) announced today the sale of a select portfolio of towers in Mexico for US$ 2.8 million.The transaction includes 28 towers for $2.8 million in cash. The Company will remain in the tower business as a developer and operator of towers. Tower One expects to receive new assignments for immediate commencement of construction during the third quarter of 2020.“This is a great example of how we continue to optimize our balance sheet and maximize liquidity while we continue to support the construction demand of our customers. Liquidity during the impact of the COVID-19 pandemic in the economy is crucial to continue to operate efficiently. The proceeds of this sale are reinvested in...
Aurcana Announces Non-Brokered Private Placement of Up to C$10.5 Million
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, July 14, 2020 (GLOBE NEWSWIRE) — AURCANA CORPORATION (“Aurcana” or the “Company“) (TSXV: AUN) is pleased to announce a non-brokered private placement offering (the “Private Placement”) of up to 21,000,000 Units (C$10,500,000 at a price of C$0.50 per Unit (the “Units”), subject to the approval of the TSX Venture Exchange.Each Unit will consist of one common share of the Company and one full common share purchase warrant (“Warrant”), with each Warrant entitling the holder thereof to purchase one common share at a price of C$0.75 for a period of 36 months following the closing of the Private Placement, subject to adjustment upon certain customary events.The Company intends to use net proceeds...
Alumacraft Competitor FSX 175/185 Increases Memory-Making Potential for Angling Families
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VALCOURT, Quebec, July 14, 2020 (GLOBE NEWSWIRE) — BRP (TSX: DOO; NASDAQ: DOOO) announces the launch of an exciting extension of the popular Competitor model with the new Alumacraft Competitor FSX 175/185 (Fish/Ski Crossover) boats, providing maximum flexibility for families who love the feeling of being out on the water. Built for all levels of multi-species anglers, Alumacraft Competitor series boats include all the must-have amenities serious anglers crave, like multiple livewells, a built-in cooler and lockable rod storage.Whether fishing as a family or enjoying a day of relaxation on the water, owners of Competitor FSX models can easily reconfigure their boat’s platform to accommodate more seating, or a waterski-pylon. Celebrating 75 years of production with this model year 2021 launch, the Alumacraft brand continues to break...
Le Competitor FSX 175/185 d’Alumacraft augmente le potentiel de créer des souvenirs pour les familles de pêcheurs
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VALCOURT, Québec, 14 juill. 2020 (GLOBE NEWSWIRE) — BRP (TSX: DOO; NASDAQ: DOOO) annonce le lancement d’un ajout emballant au populaire modèle Competitor avec les nouveaux bateaux Competitor FSX 175/185 d’Alumacraft (hybrides pour la pêche et le ski nautique), offrant une flexibilité maximale aux familles qui adorent la sensation d’être sur l’eau. Construit pour tous les types de pêcheurs multisegments, les bateaux Alumacraft de la série Competitor comprennent toutes les commodités essentielles conçues pour les férus de pêche, comme plusieurs viviers, une glacière intégrée et un rangement verrouillable pour les cannes à pêche.Que vous pêchiez en famille ou que vous profitiez d’une journée à relaxer sur l’eau, les propriétaires des modèles Competitor FSX peuvent facilement reconfigurer la plateforme du bateau pour ajouter plus de...
Sunny With a 100% Chance of Fun: Manitou Introduces 2021 Lineup of Pontoons
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VALCOURT, Québec, July 14, 2020 (GLOBE NEWSWIRE) — BRP (TSX:DOO; NASDAQ:DOOO) announces two new Manitou pontoon boat models for model year 2021, meaning on-water adventurers of all types can find the boat to meet their needs. Combining luxury and sports performance, the Manitou LX replaces the Legacy and X-Plode models, to serve those in search of both extreme fun and complete relaxation. The Aurora LE, Manitou’s most accessible boat, now offers even more features as standard, and a completely redesigned VP hull to accommodate up to 200 HP, giving extra kick to on the water adventures. Now quicker to obtain, thanks to streamlined manufacturing and dealer ordering processes, the new lineup makes life on the water easy for all.“We’ve modified our lineup to reflect what our customers are looking for,” said James Heintz, Director, Product...
Ensoleillé avec 100 % de chance de plaisir : Manitou présente sa gamme de pontons pour 2021
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VALCOURT, Québec, 14 juill. 2020 (GLOBE NEWSWIRE) — BRP (TSX: DOO; NASDAQ: DOOO) annonce deux nouveaux modèles de bateaux pontons Manitou pour l’année 2021, ce qui signifie que les aventuriers sur l’eau de tous genres pourront trouver le bateau qui répond à leurs besoins. Combinant luxe et performance sportive, le Manitou LX remplace les modèles Legacy et X-Plode, pour servir ceux qui recherchent à la fois plaisir et relaxation complète. L’Aurora LE, le bateau le plus abordable de Manitou, offre désormais encore plus de fonctionnalités de série, et une coque VP entièrement redessinée pour accueillir jusqu’à 200 HP, donnant un coup de pouce supplémentaire aux aventures nautiques. Maintenant plus rapide à la livraison, grâce à des processus de fabrication et de commande des concessionnaires simplifiés, la nouvelle...
Team Tankers International Ltd. : Application for delisting submitted to the Oslo Stock Exchange and Q2 2020 trading update
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In accordance with the results of the Special General Meeting (the “SGM”), the Company has today submitted an application for delisting to the Oslo Stock Exchange (the “OSE”).The Company cannot predict whether the OSE will grant the Company’s request to delist its common shares from the OSE, but in light of the reasons supporting a delisting, we believe that the Company’s request to delist will be accepted.The Company has, in connection with the delisting process, decided to provide a trading update. Subject adjustments, following finalization of the quarterly review, the Q2 2020 TCE is expected to be approx. $14,675/day compared to the Q1 2020 TCE of $13,810/day. Time-Charter Equivalent (TCE): Shipping industry freight rates are commonly measured in terms of “time-charter equivalent” (or TCE) rates, which represent...