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Month: August 2020

UMH PROPERTIES, INC. TO RING THE NYSE OPENING BELL WITH THE FEDERAL NATIONAL MORTGAGE ASSOCIATION AND WELLS FARGO BANK 

FREEHOLD, NJ, Aug. 24, 2020 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE:UMH) announced today that it will ring the New York Stock Exchange (NYSE) Opening Bell on Tuesday, August 25, 2020, in celebration of the closing of our innovative credit facility which will further our mission of providing quality affordable housing.Samuel A. Landy, President and Chief Executive Officer commented, “Our recent credit facility with Fannie Mae and Wells Fargo underscores our collective effort in providing quality affordable housing through manufactured home communities. We are honored to commemorate this commitment with Fannie Mae and Wells Fargo Bank by ringing the Opening Bell at the New York Stock Exchange.”UMH Properties, Inc., which was organized in 1968, is a public equity REIT that owns and operates 123 manufactured home communities...

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Hexagon Composites ASA: Private placement successfully completed

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES DIRECTLY OR INDIRECTLY, IN AUSTRALIA, CANADA, JAPAN OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.Reference is made to the stock exchange release from Hexagon Composites ASA (“Hexagon” or the “Company”) published on 24 August 2020 regarding a contemplated private placement and intention to spin off and list Hexagon Purus.The Company announces that it has raised approximately NOK 907 million in gross proceeds through a private placement (the “Private Placement”) of 18,329,064 new shares (the “New Shares”),...

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Robex Resources Inc.: the Nampala Mine Continues its Growth Despite COVID-19

QUEBEC CITY, Aug. 24, 2020 (GLOBE NEWSWIRE) — Robex Resources Inc. (“Robex” or “the Company”) (TSXV: RBX/FWB: RB4) is pleased to report financial results for the quarter ending June 30, 2020.All amounts presented are in Canadian dollars (CAD).Highlights of the second quarter of 2020:GOLD PRODUCTION INCREASED BY 15% Gold production reached 13,921 ounces compared to 12,089 ounces during the same period in 2019. The 13% increase in the ore processed at the Nampala plant (456,091 tonnes vs. 402,678 tonnes for the second quarter of 2019) and the improved recovery rate (89.5% vs. 86.6% for the same period in 2019) are factors responsible for the industrial production performance. FOR FINANCIAL SECURITY PURPOSES, TEMPORARY HOLDING OF PART OF THE QUARTERLY PRODUCTION IN GOLD INGOTS Robex decided to temporarily hold part of the gold produced...

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Ressources Robex Inc. : la mine de Nampala a continué sa progression malgré la COVID-19

QUÉBEC, 24 août 2020 (GLOBE NEWSWIRE) — Ressources Robex Inc. (« Robex » ou « la Société ») (TSXV : RBX/FWB : RB4) est heureuse de publier des résultats financiers pour le trimestre terminé le 30 juin 2020.Tous les montants sont présentés en dollars canadiens (CAD).Faits saillants du deuxième trimestre de 2020 :AUGMENTATION DE LA PRODUCTION D’OR DE 15 % La production d’or a atteint 13 921 onces comparées aux 12 089 onces produites au cours de la même période en 2019. L’augmentation de 13 % du volume de minerai traité à l’usine de Nampala (456 091 tonnes vs 402 678 tonnes pour le deuxième trimestre de 2019) et l’amélioration du taux de récupération (89,5 % vs 86,6 % pour la même période en 2019) sont des facteurs responsables de ces performances de production industrielle. DANS UN BUT DE SÉCURISATION FINANCIÈRE, CONSERVATION TEMPORAIRE...

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Armstrong World Industries, Inc. Acquires Moz Design, Inc.

LANCASTER, Pa., Aug. 24, 2020 (GLOBE NEWSWIRE) — Armstrong World Industries, Inc. (NYSE: AWI) today announced that it has acquired the business and assets of Moz Designs, Inc., a designer and fabricator of custom architectural metal ceilings, walls, dividers and column covers for interior and exterior applications. The talented team at Móz combines custom perforations, engraving, high-end metal finishes and forming to produce rich, artistic visuals with depth and movement, collaborating with architects and designers to make their vision a reality. With this new exciting capability, AWI enriches its leading portfolio of metal ceiling and wall solutions.  Móz recently launched a new line of standard acrylic dividers as well, to respond to the demand for healthier spaces. These durable, easy-to-clean dividers provide both form and...

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Element to Redeem Series G Preferred Shares, Further Maturing Capital Structure

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.Amounts in CAD unless otherwise noted The Company will redeem Series G shares in full on September 30, 2020, further maturing its capital structure by eliminating its most expensive preferred seriesThe redemption is enabled by the Company’s strategic plan to deliver a consistent, superior client experience by improving operating performance and profitability, which has materially enhanced free cash flow over the last two yearsWith the redemption, the Company will have cumulatively eliminated or replaced over $1 billion of high-cost hybrid instruments from its capital structure in the last 18 months, simplifying and strengthening its investment-grade balance sheetTORONTO, Aug. 24, 2020 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX: EFN)...

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IntelGenx Amends Stock Options

SAINT LAURENT, Quebec, Aug. 24, 2020 (GLOBE NEWSWIRE) — IntelGenx Technologies Corp. (“IntelGenx”, or the “Company”) (TSX-V: IGX) (OTCQB:IGXT) announced today that the Company’s board of directors amended the expiration time of Stock Options granted to Andre Godin, President and CFO, under the 2006 Stock Option Plan on July 20, 2015.The extension was granted following the end of an insider trading black-out period during which the stock options automatically extended in accordance with the insider trading black-out provision of the Company’s Second Amended 2016 Stock Option Plan. The new expiration date is July 19, 2025, the original exercise price of CAD$0.75 (US$0.58) and all other terms remain unchanged.The amendment is subject to final TSX-Venture Exchange approval.About IntelGenx:Established in 2003, IntelGenx is...

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Kinross releases Sustainability Report 

Company delivers strong ESG performance, including $3.2 billion of economic benefits to host countries through taxes, wages, procurement and community support in 2019TORONTO, Aug. 24, 2020 (GLOBE NEWSWIRE) — Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or “the Company”) is pleased to present its 2019 Sustainability Report (the “Report”), detailing the Company’s progress over the past two years in delivering on its commitment to responsible mining. The Report provides a transparent account of Kinross’ sustainability performance, including Environmental, Social and Governance (ESG) activities, and an in-depth review of the Company’s relationships with host communities, workforce and host governments.“Kinross’ commitment to safety and sustainability is deeply rooted in our values and culture,” said J. Paul Rollinson, President...

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NRC Health Announces Winner of First-Ever Excellence in Human Understanding Award

LINCOLN, Neb., Aug. 24, 2020 (GLOBE NEWSWIRE) — NRC Health, the leading provider of in-depth customer insights in healthcare, today named Dr. Tim Kremer, SVP and Chief Physician Engagement Officer at JPS Health Network, the first time winner of its Excellence in Human Understanding Award. The award recognizes Dr. Kremer for his outstanding contributions in bringing Human Understanding into healthcare which has led to a positive impact on all aspects of the JPS Health Network community and beyond.NRC Health created the Excellence in Human Understanding award to honor individuals that have a complete comprehension of a customers’ preferences, needs, and behaviors—resulting in overall improved care experiences. Since accepting the position as Chief Physician Engagement Officer at JPS, Dr. Kremer took an innovative approach to teaching...

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SRHI Inc. Announces Foundational Agreement by MTV with its Creditors

(all amounts expressed in US dollars)TORONTO, Aug. 24, 2020 (GLOBE NEWSWIRE) — (TSX: SRHI, SRHI.WT) – SRHI Inc. (the “Company” or “SRHI”) is pleased to announce that creditors for Minera Tres Valles SpA (“MTV”), the Company’s 70% owned producing copper mine in Salamanca, Chile, have approved a Judicial Reorganization Agreement (“JRA”) in Chile with support from 100% of the Lenders and 93% of the unsecured creditors.“Through our restructuring efforts, MTV now has the ability to execute on the construction and expansion of its mining operations including the Papomono Masivo incline block caving underground mining project,” stated Michael Staresinic, President and Chief Financial Officer. “MTV’s senior lenders, shareholders and unsecured creditors all participated in finding a solution that is expected to drive both MTV and the Company...

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