Month: August 2020

RIMOUSKI, Quebec, Aug. 19, 2020 (GLOBE NEWSWIRE) — Puma Exploration Inc., PUMA-TSXV, (“Puma”) is pleased to announce that it will transfer all of its copper assets to its wholly-owned subsidiary Murray Brook Minerals Inc. The objective is to generate maximum value to its shareholders from its base metal projects while Puma Exploration continues to concentrate on its new Flagship Triple Fault Gold Project in New Brunswick, Canada.“The current business arrangement represents an important opportunity for Puma’s shareholders to continue to explore and develop the current copper projects within its new subsidiary on which the company has already invested $3,211,057 in exploration (book value as of May 31, 2020) in the last 15 years in Northern New Brunswick”, notes Marcel Robillard, President and CEO of Puma Exploration. “We are expecting...

HOUSTON, Aug. 19, 2020 (GLOBE NEWSWIRE) — Occidental (NYSE: OXY) today announced it has entered into a purchase and sale agreement to divest Wyoming, Colorado, and Utah Land Grant assets to Orion Mine Finance (Orion) for approximately $1.33 billion. The transaction, which is expected to close in the fourth quarter of 2020, has a footprint of approximately 4.5 million mineral acres and 1 million fee surface acres. Occidental will retain all cash flow from currently producing oil and gas properties on the position, which are primarily cost-free royalties. Not included in the sale is approximately 2.5 million mineral acres derived from the land grant in Colorado, including Occidental’s core DJ Basin position.“This transaction significantly advances the progress against our $2 billion plus divestiture target for 2020,” said President...

Drög að uppgjöri fyrra árshelmings 2020 liggja nú fyrir og samkvæmt þeim mun sala samstæðu Hampiðjunnar á tímabilinu dragast saman um 5,5% á milli ára og nema um að bil 80,6 m. evra samanborið við 85,3 m. evra á sama tímabili árið áður. Áhrif Covid-19 skýra samdrátt í tekjum milli tímabilana.EBITDA félagsins eykst hins vegar á milli tímabila um 17,5% og nemur um 14,0 m. evra samanborið við 11,9 m. evra árið áður. Hagnaður félagsins eykst einnig á milli tímabila og nemur um það bil 7,9 m. evra samanborið við 6,4 m. evra á sama tímabili árið 2019.Uppgjörið fyrir fyrra árshelming er enn í vinnslu og bíður könnunar endurskoðenda. Framangreindar upplýsingar gætu því tekið breytingum þar til uppgjörið verður birt þann 26. ágúst nk.Nánari upplýsingar veitir Hjörtur Erlendsson, forstjóri, í síma 664-3361

PHILADELPHIA, Aug. 19, 2020 (GLOBE NEWSWIRE) — Republic First Bancorp, Inc. (NASDAQ: FRBK), the holding company for Republic Bank, today announced that it has priced an offering of $50 million of preferred stock.Vernon W. Hill, II, Chairman of Republic First Bancorp said:“This offering provides us with the capital resources to continue with our growth strategy. In recognition of our unwavering commitment to extraordinary customer service and convenience our FANS responded to a recent Forbes survey and Republic was ranked as America’s #1 Bank for Service. The goal of our model is to create FANS NOT CUSTOMERS, who join our brand, remain loyal and refer family and friends.  Republic Bank continues to demonstrate strong results with deposit growth of 28% and loan growth of 25% excluding the impact of the PPP loan program as of June...

Announcement no. 22-202019 August 2020North Media delivered better-than-expected results for the first six months of 2020, despite a minor negative impact from the COVID-19 pandemic. Y-o-Y EBIT improvements in all three business areas. Highlights of the H1 2020 report (H1 2019 comparative numbers in brackets):   Solid earnings improvement in first six months of 2020 despite a certain impact from the COVID-19 crisisConsolidated revenue largely unchanged at DKK 510 million (DKK 511 million).EBIT before special items of DKK 122 million (DKK 69 million). EBIT margin improved to 23.9% (13.5%) and return on invested capital (ROIC) more than doubled to 43.7% (20.4%).  Net profit for the period was DKK 138 million (DKK 112 million).FK Distribution lifted EBIT to DKK 118 million (DKK 74 million). Efficiency improvements, in particular the transition...

Selskabsmeddelelse nr. 22-202019. august 2020North Medias resultater i 1. halvår 2020 var bedre end ventet, trods en mindre, negativ effekt af COVID-19 pandemien. Alle 3 forretningsområder øgede driftsindtjeningen markant i forhold til 1. halvår 2019. Hovedpunkter for 1. halvår 2020 med sammenligningstal for 1. halvår 2019 i parentes:    Solid indtjeningsfremgang i 1. halvår 2020 trods en vis effekt af COVID-19 krisenKoncernens omsætning var stort set uændret med 510 mio. kr. (511 mio. kr.).Driftsindtjeningen (EBIT, før særlige poster) blev 122 mio. kr. (69 mio. kr.). Overskudsgraden steg til 23,9% (13,5%), og afkastet af investeret kapital (ROIC) mere end fordobledes til 43,7% (20,4%).   Periodens resultat var 138 mio. kr. (112 mio. kr.).FK Distribution forbedrede driftsindtjeningen til 118 mio. kr. (74 mio. kr.). Effektiviseringer,...

ROTTERDAM, The Netherlands (19 August 2020) – IMCD N.V. (“IMCD” or “Company”), a leading distributor of speciality chemicals and ingredients, today announced it has acquired 100% of the outstanding shares of Brazilian speciality ingredient distributor, VitaQualy Comércio de Ingredientes LTDA (“VitaQualy”).“The acquisition of VitaQualy aligns with our company’s global Food & Nutrition strategy to offer trend-based solutions and the distribution of speciality ingredients around four main pillars – taste, texture, nutrition, and function,” said Nicolas Kaufmann, Managing Director, IMCD Brasil. “As a reputable distributor of flavors and ingredients, VitaQualy strengthens IMCD Brasil’s expertise and product portfolio in the taste category of our business. The synergies between IMCD and VitaQualy will create opportunities to develop our...

TORONTO, Aug. 19, 2020 (GLOBE NEWSWIRE) — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) said today its Loulo-Gounkoto mining complex had not been affected by the political situation in Mali and operations there were continuing as normal.The complex has an adequate inventory for its foreseeable requirements and management has taken steps to secure its supply lines. The company is monitoring the situation closely in consultation with local stakeholders.EnquiriesKathy du PlessisInvestor and Media Relations+44 20 7557 7738Email: barrick@dpapr.comCautionary Statement on Forward-Looking InformationCertain information contained in this press release, including any information as to Barrick’s strategy, plans, or future financial or operating performance, constitutes “forward-looking statements”. All statements, other than statements of...

Highlights first half-year 2020For the first half-year of the financial year 2020 we record the following key data:The EPRA earnings*decrease from € 22.1 million at the end of H1 2019 (however including the dividend from Retail Estates of € 5.1 million) to € 13,1 million (excluding this dividend of € 5.9 million received in July 2020)The net result amounts to € -30.7 million end H1 2020 (vs € 25.3 million or € 4.27 per share end H1 2019) and comprises nearly exclusively the impairment on the participation in Retail Estates, recorded at closing price of the Retail Estates share on 30/06/2020The debt ratio increases temporarily from 54.78% to 58.07% following the payment on 25/05/2020 of the dividend over the financial year 2019      Building permit received for the development project Monteco in the European district in BrusselsCurrent...

Highlights eerste halfjaar 2020Voor het eerste halfjaar van het boekjaar 2020 noteren we volgende kerndata:De EPRA winst*daalt van € 22,1 miljoen eind H1 2019 (weliswaar inclusief het dividend van Retail Estates tbv € 5,1 miljoen) naar € 13,1 miljoen (exclusief dit in juli 2020 ontvangen dividend van € 5,9 miljoen)Het nettoresultaat bedraagt € -30,7 miljoen eind H1 2020 (vs € 25,3 miljoen of € 4,27 per aandeel eind H1 2019) en omvat nagenoeg exclusief de waardevermindering op de participatie in Retail Estates, geboekt aan slotkoers van het Retail Estates aandeel op 30/06/2020De schuldgraad stijgt tijdelijk van 54,78% tot 58,07% ingevolge de uitbetaling op 25/05/2020 van het dividend over het boekjaar 2019          Bouwvergunning ontvangen voor het ontwikkelingsproject Monteco in de Europese wijk te BrusselLopende herontwikkelingen in...