Day: October 7, 2020

Aura Minerals Announces Preliminary Third Quarter 2020 Production Results

ROAD TOWN, British Virgin Islands, Oct. 07, 2020 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) (B3: AURA32) (“Aura” or the “Company”) today announces preliminary production results for the third quarter of 2020.Total production across our operations for the third quarter of 2020 was 56,472 gold equivalent ounces (“GEO”)¹, demonstrating strong production recovery after being negatively impacted by the COVID-19 pandemic (the “Pandemic”) in the first and second quarters of 2020.The chart below shows consolidated quarterly production volume, measured in GEO¹, since the first quarter of 2019. In the third quarter of 2020, the Company resumed the growth trend started at the beginning of 2019, which was interrupted in the first and second quarters of 2020 mainly due to interruptions of operations in Mexico and Honduras as a result of...

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FuelCell Energy Successfully Raises Capital to Advance Business Goals

DANBURY, Conn., Oct. 07, 2020 (GLOBE NEWSWIRE) — FuelCell Energy, Inc. (Nasdaq: FCEL), a global leader in fuel cell technology utilizing its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy, announced that, between June 2020 and October 2020, it raised approximately US$177.35 million in gross proceeds from multiple offerings of its common stock, including both at the market and underwritten offerings. Gross proceeds are calculated before deducting sales commissions, underwriting discounts and offering expenses.Jason Few, CEO and President of FuelCell Energy said, “We are very pleased with the success of our capital raising efforts and the strong investor demand for our common stock. With this additional financing, FuelCell Energy is well-positioned to advance our business growth goals,...

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Nasdaq Scheduled Resumption in Presidio Property Trust, Inc.

NEW YORK, Oct. 07, 2020 (GLOBE NEWSWIRE) — The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading in Presidio Property Trust, Inc. (Nasdaq: SQFT) is scheduled to resume on Thursday, October 8, 2020, at 7:00 a.m. Eastern Time. Trading in the company’s stock was halted on October 7, 2020 at 13:56:48 p.m. Eastern Time.For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.NDAQONasdaq Media Contact: Bianca FataBianca.Fata@nasdaq.com

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Adevinta ASA (ADE) – Adevinta continues the optimization of its portfolio by divesting Avito in Morocco, Tayara in Tunisia, and Fincaraíz in Colombia

Adevinta continues the optimization of its portfolio by divesting Avito in Morocco, Tayara in Tunisia, and Fincaraíz in ColombiaOslo, 8 October 2020 – Adevinta ASA has signed an agreement for the sale of its online classifieds businesses Avito in Morocco, Tayara in Tunisia and Fincaraíz in Colombia to Frontier Digital Ventures (FDV). All three sites hold leading market positions in their respective geographies.   FDV specialises in developing online classifieds businesses in emerging markets, with a particular focus on real estate and motors verticals and general classifieds websites. These acquisitions will add to FDV’s current portfolio of 12 investments across 18 markets. FDV will offer extensive support to Avito, Tayara and Fincaraíz to accelerate growth and enhance their products and services. Rolv Erik Ryssdal, CEO Adevinta,...

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Icelandair Group hf.: Sale of three Boeing 757 aircraft

Icelandair has reached an agreement regarding sale of three Boeing 757-200 aircraft. The final documentation is expected to be completed in the upcoming weeks. Subsequently, the aircraft will be converted into cargo aircraft. The net sale price of the three aircraft is approximately USD 21 million which is USD 2-3 million above book value. Two of the aircraft were manufactured in 1994 and one in 2000. The transaction is in accordance with the Company’s plan to gradually phase out the Boeing 757 aircraft in its fleet.Bogi Nils Bogason, President & CEO:“The sale of the three Boeing 757 aircraft is a positive step for the Company at this time when flight operations are at a minimum level. Furthermore, this transaction shows that the 757 aircraft still has considerable value after long-lasting service for the Company and continues to...

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Element Announces Virginia Addicott Appointed to Board of Directors

TORONTO, Oct. 07, 2020 (GLOBE NEWSWIRE) — Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest pure-play vehicle fleet manager in the world, today announced that Virginia Addicott has joined the Company’s Board of Directors. Ms. Addicott brings a wealth of experience in transportation, shipping and logistics, as well as a proven track record as a digital transformation leader.Ms. Addicott spent the majority of her professional career with FedEx, where she held a number of key leadership positions, most recently as President and CEO of FedEx Custom Critical. In this role, she led the adoption of new technologies, automation and sophisticated use of data to drive productivity and streamline processes, all while enhancing customer communication capabilities.“Virginia brings tremendous global experience...

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Onex to Announce Third-Quarter Results on November 13, 2020

All amounts in U.S. dollars unless otherwise stated TORONTO, Oct. 07, 2020 (GLOBE NEWSWIRE) — Onex Corporation (TSX: ONEX) will release its results for the nine months ended September 30, 2020 on November 13, 2020. A live broadcast of Onex’ webcast to discuss the results will begin at 11:00 a.m. ET on November 13, 2020.A link to the live webcast and the 90-day on-line replay will be available at www.onex.com/events-and-presentations.About OnexFounded in 1984, Onex invests and manages capital on behalf of its shareholders, institutional investors and high net worth clients from around the world.  Onex’ platforms include: Onex Partners, private equity funds focused on larger opportunities in North America and Europe; ONCAP, private equity funds focused on middle market and smaller opportunities in North America; Onex Credit, which...

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K92 Mining Announces Grant of Stock Options

VANCOUVER, British Columbia, Oct. 07, 2020 (GLOBE NEWSWIRE) — K92 Mining Inc. (“K92” or the “Company”) (TSXV: KNT; OTCQB:  KNTNF) announces the grant of incentive stock options for the purchase of an aggregate of 3,420,000 common shares to employees, directors and consultants of the Company, pursuant to the terms of the Company’s Stock Option Plan. The options are exercisable at $6.73 per share, expire five years from the date of grant, and vest in three installments over twelve months from the date of grant.  About K92K92 Mining Inc. is engaged in the production of gold, copper and silver from the Kora deposit at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine. The Company declared commercial production...

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Elixxer Ltd. Closes $4 Million Secured Loan

MONTRÉAL, Oct. 07, 2020 (GLOBE NEWSWIRE) — Elixxer Ltd. (TSX-V: ELXR) (OTC-QB: ELIXF) (FRA: 2LQA) (“Elixxer” or the “Company”) is pleased to announce that it has closed its previously announced secured loan for the principal amount of CAD$4,000,000 (the “Loan”) with AIP Convertible Private Debt Fund L.P. (the “Lender”). The Loan has a term of 24 months, bears interest at the rate of 17% per annum and is secured by a general security agreement on all of the present and future assets of the Company.On closing, the Company paid to the Lender (i) a facility fee of CAD$200,000; (ii) a closing fee of CAD$250,000; and (iii) a due diligence fee of CAD$75,000, in respect of the Loan. The Company also issued to the Lender a bonus consisting of 46,333,333 common shares of the Company (the “Bonus Shares”) at a deemed issue price of CAD$0.015...

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