Day: August 12, 2020

MONTRÉAL, Aug. 12, 2020 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (the “Company” or “Osisko”) (OR: TSX & NYSE) is pleased to announce that it has entered into a definitive agreement to acquire the outstanding 15% ownership in a portfolio of Canadian precious metals royalties held by the Caisse de dépôt et placement du Québec (the “Caisse”) for cash consideration of C$12.5 million (the “Transaction”). This 15% interest represents the remaining portion of the portfolio of royalties purchased from Teck Resources Ltd. in October 2015.The portfolio consists of 28 royalties on properties located in Canada, including royalties on Alamos Gold’s Island Gold mine and Eldorado Gold’s Lamaque mine. In 2019, the Island Gold and Lamaque royalties contributed approximately 3,000 gold equivalent ounces to Osisko’s production. The operators...

MONTRÉAL, 12 août 2020 (GLOBE NEWSWIRE) — Redevances Aurifères Osisko Ltée (la « Société » ou « Osisko ») (TSX et NYSE : OR) a le plaisir d’annoncer qu’elle a conclu une entente définitive visant à acquérir la participation de 15 % de la Caisse de dépôt et placement du Québec (la « Caisse ») dans un portefeuille canadien de redevances de métaux précieux pour une considération en espèces de 12,5 millions de dollars CA (la « transaction »). Ce droit de 15 % représente la portion restante du portefeuille de redevances qu’Osisko a acquis de Teck Resources Ltd. en octobre 2015.Le portefeuille comprend 28 redevances sur des propriétés situées au Canada, incluant des redevances sur la mine aurifère Island Gold d’Alamos Gold et sur la mine Lamaque d’Eldorado Gold. En 2019, les redevances d’Island Gold et Lamaque ont contribué à hauteur...

CALGARY, Alberta, Aug. 12, 2020 (GLOBE NEWSWIRE) — Parkland Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.1012 per share will be paid on September 15, 2020 to shareholders of record on August 21, 2020. The dividend will be an ‘eligible dividend’ for Canadian income tax purposes. The ex-dividend date is August 20, 2020.Enhanced Dividend Reinvestment PlanParkland’s enhanced Dividend Reinvestment Plan (“Enhanced DRIP”) allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 5% per share discount to the average of the daily volume weighted average trading prices during the Pricing Period. For further details on the Enhanced DRIP and the Pricing Period, please visit http://www.parkland.ca/en/investors/dividend/.Shareholders who wish...

Loan Portfolio of $1.13 billion, up 18%Net Charge-Off Rate of 10%, down 350 bpsAdjusted Diluted Earnings per Share of $1.89, up 50%Total Liquidity of $260 million, up 30%MISSISSAUGA, Ontario, Aug. 12, 2020 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY) (“goeasy” or the “Company”), a leading full-service provider of goods and alternative financial services, announced its results for the second quarter ended June 30, 2020.               Second Quarter ResultsDuring the quarter, the Company generated record financial results, driven by strong credit performance and prudent expense controls, leading to an increase in cash flows and liquidity.The effects of the COVID-19 pandemic, which included stay at home orders, increased government subsidies and reduced living expenses for consumers, served to temporarily reduce overall demand. As such,...

TORONTO, Aug. 12, 2020 (GLOBE NEWSWIRE) — Bunker Hill Mining Corporation (the “Company”) (CSE:  BNKR) is pleased to announce that it has secured for USD 150,000 cash payment a further extension to the lease with the option to purchase the Bunker Hill Mine complex from the land-owner, Placer Mining Corporation. The extension is for a further 18 months and is in addition to the 6-month extension previously announced. This extension expires on August 1, 2022.This extension provides the Company with more time to invest the proceeds of the on-going financing in ways that compile and digitize fully over 95 years of historical and geological data, verify the historical reserves, and explore the high-grade silver targets within the mine complex.Dave Kriedeman, the President of Placer Mining Corporation, comments that: “over the last...

TORONTO, Aug. 12, 2020 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) today announces its financial results for the second quarter ending June 30, 2020 and provides an update on the Company’s activities at the Valentine Gold Project (the “Project”) in central Newfoundland.Highlights of the quarter are as follows:Completed the Pre-Feasibility Study (“PFS”) for the Project in April supporting an open pit mining operation with low initial capital cost and high rate of return over a 12-year mine life. The PFS shows an after-tax IRR of 36% and NPV5% of $472 million (US$354 million) based on US$1,350/oz gold, and an Initial capital cost of $272 million (US$205 million). Proven and Probable Mineral Reserves comprise 1.87 Moz (41.05 Mt at 1.41 g/t Au);Developed return-to-work protocols in response to...

CALGARY, Alberta, Aug. 12, 2020 (GLOBE NEWSWIRE) — Peyto Exploration & Development Corp. (“Peyto” or the “Company”) presents its operating and financial results for the second quarter of the 2020 fiscal year. The economic impact of the COVID-19 pandemic on world energy demand and consequently North American commodity prices was considerable in the quarter, and while Peyto’s industry leading costs structure helped shield some of the financial impact, the Company still experienced the lowest realized commodity prices and operating margins in its 21 year history. Today, the future outlook for realized commodity prices is substantially better than those experienced in the second quarter. Results for the quarter included:Funds from operations of $0.20/share. Generated $33 million in Funds From Operations (“FFO”) in Q2 2020, down...

CALGARY, Alberta, Aug. 12, 2020 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident”, “PPR” or the “Company”) today announces our financial and operating results for the three and six months ended June 30, 2020. PPR’s unaudited condensed interim consolidated financial statements for the three and six months ended June 30, 2020 (“Interim Financial Statements”) and related Management’s Discussion and Analysis (“MD&A”) for the three and six months ended June 30, 2020 are available on our website at www.ppr.ca and filed on SEDAR.PPR’s second-quarter financial results reflect the significant decline in global energy demand and resultant impact on crude oil pricing caused by the COVID-19 pandemic. While the health and safety of our employees, partners and communities remains...

CALGARY, Alberta, Aug. 12, 2020 (GLOBE NEWSWIRE) — GINSMS Inc. (TSXV: GOK) (the “Corporation”) has announced its financial results for the second quarter ended June 30, 2020.The complete financial results for GINSMS are available at www.sedar.com.  Highlights include:Revenue of $647,536 for the three-month period ended June 30, 2020 as compared of $708,825 for the three-month period ended June 30, 2019.Gross Profit of $207,140 for the three-month period ended June 30, 2020 as compared to gross profit of $177,085 for the three-month period ended June 30, 2019.Operating expenses and finance costs decreased from $278,349 for the three-month period ended June 30, 2019 to $107,882 for the three-month period ended June 30, 2020.Net profit of $99,014 for three-month period ended June 30, 2020 as compared to a net loss of $101,362 for three-month...

FORT WORTH, Texas, Aug. 12, 2020 (GLOBE NEWSWIRE) — FirstCash, Inc. (the “Company”) (Nasdaq: FCFS) today announced that it has upsized and priced a private offering of $500 million in aggregate principal amount of senior notes due 2028 (the “Notes”), representing an increase of $100 million in aggregate principal amount from the previously announced proposed offering size. The Notes will pay interest semi-annually at a rate of 4.625% per annum payable on March 1 and September 1 of each year beginning on March 1, 2021. The Notes will be unsecured senior obligations of the Company. The offering of the Notes is expected to close on August 26, 2020, subject to the satisfaction of customary closing conditions.The Company intends to use the proceeds from the offering to redeem all of the $300 million aggregate principal amount of the...