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Month: December 2020

Wallbridge Expansion Drilling on the Western Edge of Area 51 Intersects Wide Zones of Strong Gold Mineralization at Shallow Depths

TORONTO, Dec. 10, 2020 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge” or the “Company”) is pleased to announce new assay results from the expansion drilling on the western edge of Area 51 on its 100% owned Fenelon Gold Property (“Fenelon” or the “Property”). Wide zones of strong gold mineralization were intersected at shallow depths, with highlight intersections including:5.95 g/t Au over 20.45 metres, and 1.05 g/t Au over 40.95 metres between 60 and 140 metres below surface in drill hole FA-20-185 on section 9975_E (see Figs. 1, 2 and 4),1.24 g/t Au over 74.40 metres between 80 and 140 metres below surface in drill hole FA-20-186 on section 9750_E (see Figs. 1, 2 and 3).“We are very pleased with the results of our first few systematic drill holes testing the western extensions of the Area 51 gold zones...

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Niðurstaða úr skuldabréfaútboði Reykjavíkurborgar

Niðurstaða úr skuldabréfaútboði ReykjavíkurborgarReykjavíkurborg var með útboð í nýjum grænum skuldabréfaflokki, RVKNG 40 1, miðvikudaginn 9. desember 2020.Alls bárust tilboð í RVKNG 40 1 að nafnvirði ISK 4.445.000.000 á bilinu 3,99% – 4,75%.  Ákveðið var að taka tilboðum að nafnvirði ISK 3.820.000.000 á ávöxtunarkröfunni 4,50%. Um nýjan skuldabréfalokk er að ræða og er því heildarstærð flokksins nú ISK 3.820.000.000 að nafnvirði.Greiðslu og uppgjörsdagur er þriðjudagurinn 15. desember.Markaðsviðskipti Landsbankans hafa umsjón með útboðinu.Nánari upplýsingar veita:Helga BenediktsdóttirSkrifstofustjóri fjárstýringar- og innheimtuskrifstofuNetfang: helga.benediktsdottir@reykjavik.isSími: 898-8272Gunnar S. TryggvasonMarkaðsviðskipti LandsbankansNetfang: gunnar.s.tryggvason@landsbankinn.is     Sími: 410-6709

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Ørsted and Amazon sign Europe’s largest offshore wind corporate power purchase agreement

Amazon, the technology company based in Seattle, Washington, has signed a 10-year corporate power purchase agreement with Ørsted, the world-leader in offshore wind, to offtake the output of 250MW from Ørsted’s planned 900MW Borkum Riffgrund 3 offshore wind farm in Germany. This CPPA will contribute to Amazon’s target of being 100% renewable by 2030 as part of the company’s goal to reach net zero carbon emissions by 2040.Rasmus Errboe, Senior Vice President, Head of Region Continental Europe at Ørsted Offshore and responsible for Corporate PPAs, said:“We applaud Amazon’s leadership in corporate renewable energy investments which helps drive the green energy transformation forward. This agreement shows that Ørsted is well placed to help corporations with green ambitions act on the global climate challenge. The CPPA with Amazon on...

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Ørsted og Amazon indgår Europas største elkøbsaftale inden for havvind

Amazon, teknologiselskabet med hovedsæde i Seattle i USA, har indgået en tiårig elkøbsaftale (CPPA) med Ørsted, der er verdens førende virksomhed inden for havvind, om at aftage produktionen fra 250 MW af den samlede kapacitet fra Ørsteds planlagte havvindmøllepark Borkum Riffgrund 3 på 900 MW i Tyskland. Denne CPPA vil bidrage til Amazons mål om 100 % vedvarende energi inden 2030 som en del af virksomhedens mål om at være CO2-neutral inden 2040. Rasmus Errboe, Senior Vice President, Regionsdirektør for Kontinentaleuropa i Ørsted Offshore og ansvarlig for CPPA’er, siger:”Vi bifalder Amazons lederskab inden for investeringer i vedvarende energi, hvilket er med til at drive den grønne omstilling fremad. Denne aftale vidner om, at Ørsted er godt rustet til at hjælpe virksomheder med grønne ambitioner med at handle på den globale klimaudfordring....

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Hooker Furniture Corporation Reports Robust Profitability in Third Quarter

MARTINSVILLE, Va., Dec. 10, 2020 (GLOBE NEWSWIRE) — Hooker Furniture Corporation (NASDAQ-GS: HOFT) today reported consolidated net sales of $149.7 million and net income of $10 million, or $0.84 per diluted share, for its fiscal 2021 third quarter ended November 1, 2020.Consolidated net sales decreased by 5.4%, or $8.5 million, compared to the prior year period, while net income increased 157.5%, or $6.2 million. Earnings per diluted share for the quarter increased 154.5% from $0.33 a year ago.“Our third quarter financial performance is encouraging on many fronts, as the business rebound that began in mid-May continues to gain momentum,” said Paul B. Toms Jr., chairman and chief executive officer. “Consolidated incoming orders were up 33.8% during the quarter, and our consolidated backlog is up 87.5%, both compared to a year ago....

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GBT Tokenize – qTerm’s Prototype Completed

SAN DIEGO, Dec. 10, 2020 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”, or the “Company”), announced that its joint Venture GBT Tokenize Corp (“GBT/Tokenize”) has completed its qTerm device prototype and is now in the testing and debugging phase. The testing and debugging phase is targeted to check the device’s overall functionality and its sub-systems including BLE (Bluetooth Low Energy), IR heat sensors, oximeter sensors, power management and others. The initial testing provided satisfactory results and all electronic circuitries are fully functional.Further testing of the complete system will be conducted during the upcoming weeks in order to finalize the device’s functionality. Another aspect is the device’s mechanical enclosure, components and sensors placement. The device is assembled based...

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KVH Expands Maritime Network Coverage for Hudson Bay and North Atlantic

MIDDLETOWN, R.I., Dec. 10, 2020 (GLOBE NEWSWIRE) — KVH Industries, Inc., (Nasdaq: KVHI), announced today that it has expanded its mini-VSAT Broadbandsm HTS network coverage throughout Hudson Bay and the North Atlantic, including northeastern Canada, the Labrador Sea, Iceland, and Greenland. The expansion represents an addition of nearly 4 million square kilometers of Ku-band coverage to the 272 million square kilometers of global coverage that KVH’s HTS network provides. The Hudson Bay coverage is particularly important to commercial fishing fleets who rely on satellite connectivity for operations and crew welfare.“This expansion of coverage reflects our continued commitment to providing the maritime industry with a complete end-to-end solution for global connectivity,” says Mark Woodhead, KVH’s executive vice president for mobile...

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ExGen: Phoenix Reports Ongoing Metallurgical Testing at Empire

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Dec. 10, 2020 (GLOBE NEWSWIRE) — ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) (“ExGen”, the “Company”) is pleased to provide an update in respect of Phoenix Copper Ltd.’s (“Phoenix”) exploration and development activities at the Empire Mine Project in Idaho, USA. Further to previous ExGen news releases, ExGen owns 20% and Phoenix owns 80% of Konnex Resources, Inc. (“Konnex”), which holds the leases and claims to the Empire Mine Project. ExGen further has a 2.5% NSR royalty on the Empire Mine Project and owns 1,330,000 common shares of Phoenix.ExGen is pleased to report that Phoenix, (the operator of the Empire Mine Project), reports that it has shipped approximately 12 metric tonnes of samples, representing...

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P2 Gold Phase Two Drill Program Expands Northwest Zone with High Grade Intersection at Silver Reef

VANCOUVER, British Columbia, Dec. 10, 2020 (GLOBE NEWSWIRE) — P2 Gold Inc. (“P2” or the “Company”) (TSX-V:PGLD) reports on the Phase Two drill program at its Silver Reef Property located in northwest British Columbia.The Silver Reef Phase Two exploration drill program was completed in September, consisted of four holes totaling 374 meters, and intersected up to 410 g/t silver. Two of the drill holes targeted the Northwest Zone, with the remaining two holes targeting the Main Zone. (See Table 1 for Phase Two drill results.) Both zones host epithermal silver/gold/lead/zinc mineralization similar in style to other deposits in the North American Silver Belt.Phase Two drilling at the Northwest Zone has shown grade is improving with depth and confirmed the continuity of the mineralization along strike. Hole SR-011, which was drilled approximately...

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Qutoutiao Inc. to Report Third Quarter 2020 Results on Wednesday, December 16, 2020

SHANGHAI, China, Dec. 10, 2020 (GLOBE NEWSWIRE) — Qutoutiao Inc. (“Qutoutiao” or the “Company”) (NASDAQ: QTT), a leading operator of mobile content platforms in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2020 after the close of U.S. markets on Wednesday, December 16, 2020.Qutoutiao’s management will host an earnings conference call at 8:00 PM U.S. Eastern Time on December 16, 2020 (9:00 AM Beijing/Hong Kong time on December 17).Please register in advance of the conference call using the link provided below. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID by email.Preregistration InformationParticipants can register for the conference call by navigating to http://apac.directeventreg.com/registration/event/2241767...

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