Day: January 8, 2021

NuLegacy Gold Announces C$12.5 Million Private Placement

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Jan. 08, 2021 (GLOBE NEWSWIRE) — NuLegacy Gold Corporation announces a non-brokered private placement of up to 100,000,000 units (the “Units”) at a price of C$0.125 per Unit to raise gross proceeds to the Company of C$12.5 million (the “Offering”).Each Unit will consist of one common share of the Company (a “Common Share”) and one transferable Common Share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire one Common Share of the Company at an exercise price of C$0.20 for a period of 36 months following closing of the Offering.NuLegacy’s CEO Albert Matter comments that “Our recent winter 2020 drill program was highly successful; and subsequent analysis and geological...

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TELUS annonce le dépôt d’une déclaration d’enregistrement en vue d’un premier appel public à l’épargne pour TELUS International

VANCOUVER, Colombie-Britannique, 08 janv. 2021 (GLOBE NEWSWIRE) — TELUS Corporation (TSX : T, NYSE : TU) annonce aujourd’hui que sa filiale, TELUS International (Cda) inc. (TELUS International), a déposé une déclaration d’enregistrement sur formulaire F-1 auprès de la Securities and Exchange Commission (SEC) des États-Unis et prévoit déposer un prospectus de base RFPV provisoire auprès de la commission des valeurs mobilières de chaque province et territoire du Canada en vue d’un premier appel public à l’épargne visant l’émission d’actions à droit de vote subalterne de TELUS International le lundi 11 janvier 2021. Ce projet de premier appel public à l’épargne devrait comprendre l’émission d’actions à droit de vote subalterne sur le capital autorisé de TELUS International ainsi qu’un reclassement d’actions à droit de vote subalterne...

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francesca’s® Announces Court Approval of Sale Process and Entry Into Stalking Horse Asset Purchase Agreement

Bids due on January 13, 2021 at 5:00 p.m. (prevailing Eastern Time)Company Enters Into Stalking Horse Agreement With TerraMar Capital and Tiger Capital Group to Acquire Company as Going Concern, Subject to Higher and Better Offersfrancesca’s® Continuing to Serve Customers in the Ordinary CourseHOUSTON, Jan. 08, 2021 (GLOBE NEWSWIRE) — Francesca’s Holdings Corporation (the “Company”) today announced that the U.S. Bankruptcy Court for the District of Delaware (the “Court”) has authorized francesca’s® to conduct an auction process for the Company. The auction process is designed to achieve the highest and best offer for the Company’s assets and would be conducted under the Court’s supervision and in accordance with the U.S. Bankruptcy Code.As previously announced, the Company entered into a Letter of Intent with TerraMar Capital, LLC...

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TELUS announces filing of registration statement for proposed Initial Public Offering of TELUS International

VANCOUVER, British Columbia, Jan. 08, 2021 (GLOBE NEWSWIRE) — TELUS Corporation (TSX: T; NYSE: TU) announced today that its subsidiary, TELUS International (Cda) Inc. (TELUS International), has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) and expects to file a preliminary base PREP prospectus with the securities regulatory authorities in each of the provinces and territories of Canada for a proposed initial public offering (IPO) of subordinate voting shares of TELUS International on Monday, January 11, 2021. The proposed IPO is expected to consist of subordinate voting shares offered by TELUS International from treasury and a secondary offering of subordinate voting shares held by TELUS Corporation (TELUS) and Baring Private Equity Asia, its selling shareholders. The number of...

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Q-Gold Announces Stock Option Grant

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATESTORONTO, Jan. 08, 2021 (GLOBE NEWSWIRE) — Q-Gold Resources Ltd. (the “Company”) (TSXV: QGR, OTC: QGLDF, FRA: QX9G) has granted a total of 1,040,000 stock options to certain consultants of the Company pursuant to the Company’s stock option plan. The stock options vest immediately and may be exercised at a price of $0.26 per option for a period of five years from the date of grant. This grant of options is subject to the approval of the TSX Venture Exchange.About Q-Gold Resources Ltd.Q-Gold Resources (TSXV: QGR, OTC: QGLDF, FRA: QX9G) is a publicly traded Canada-based mineral exploration company targeting high-grade gold and silver discoveries in multiple jurisdictions. Q-Gold is currently exploring for gold at the past-producing Foley...

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Origin Gold Provides Update on Acquisition of Colombian Gold Project

TORONTO, Jan. 08, 2021 (GLOBE NEWSWIRE) — Origin Gold Corporation (“Origin Gold” or the “Company”) (TSXV: OIC) is pleased to provide an update on its previously announced acquisition of a gold mining project in Colombia (the “Acquisition”). The Company is working diligently to complete the remaining conditions to closing, which management expects will be satisfied early in the first quarter of 2021. Origin Gold is preparing for its special meeting of shareholders, on January 12, 2021, at which the Company expects to receive shareholder approval for matters related to the Acquisition, including the creation of Bullet Holding Corp. as a new Control Person (as that term is defined under the applicable policies of the TSX Venture Exchange (“TSXV”). Please see the Company’s management information circular dated December 8, 2020 for more...

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UMH PROPERTIES, INC. COMPLETES ACQUISITION OF ALABAMA MANUFACTURED HOME COMMUNITY

FREEHOLD, NJ, Jan. 08, 2021 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH) announced that it closed on the acquisition of a manufactured home community located in Dothan, Alabama for a total purchase price of approximately $4.6 million. This community contains 195 developed homesites, of which approximately 37% are occupied. It is situated on approximately 33 acres. Samuel A. Landy, President and Chief Executive Officer, commented, “UMH has performed exceptionally well during one of the most difficult economic cycles our country has ever experienced. Our rent collections have remained at or near pre-pandemic levels all year and demand for rentals and sales has been strong. This strong performance has given us the confidence to take our proven business plan and implement it in new markets.”“We are pleased to announce the acquisition...

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Ero Copper files Technical Report for the NX Gold Mine

VANCOUVER, British Columbia, Jan. 08, 2021 (GLOBE NEWSWIRE) — Ero Copper Corp. (the “Company”) (TSX: ERO) announces that it has filed the 2020 Technical Report for the NX Gold Mine for the increase in mineral reserves and mineral resources previously announced on November 24, 2020.The Technical Report was prepared in accordance with the Canadian Securities Administrator’s National Instrument 43-101 – Standards of Disclosure for Mineral Projects, and can be found on the Company’s website (www.erocopper.com) and on SEDAR (www.sedar.com).ABOUT ERO COPPER CORPEro Copper Corp, headquartered in Vancouver, B.C., is focused on copper production growth from the Vale do Curaçá Property, located in Bahia, Brazil. The Company’s primary asset is a 99.6% interest in the Brazilian copper mining company, MCSA, 100% owner of the Vale do Curaçá...

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Pieridae COO Departs Company

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN UNITED STATESCALGARY, Alberta, Jan. 08, 2021 (GLOBE NEWSWIRE) — Pieridae Energy Limited (“Pieridae” or the “Company”) (PEA.TO) today announced Chief Operating Officer (“COO”) Tim de Freitas has left the Company effective immediately to pursue other endeavours.“On behalf of Pieridae Energy Limited, I would like to thank Tim for his past contributions, particularly during the purchase of the Shell assets in the fall of 2019, and we wish him well in the future,” said Pieridae CEO Alfred Sorensen.Sorensen will assume COO responsibilities on an interim basis and will work closely with the Operations team to continue to ensure the safe, reliable operation of Pieridae’s assets.   The Company will begin the search for a new COO during the first quarter of 2021...

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Noranda Income Fund Achieves 2020 Zinc Production Guidance

TORONTO, Jan. 08, 2021 (GLOBE NEWSWIRE) — Noranda Income Fund (TSX:NIF.UN) (the “Fund”) today announced that its electrolytic zinc processing facility (the “Processing Facility”) located in Salaberry-de-Valleyfield, Québec, has met its 2020 zinc metal production guidance of between 260,000 and 270,000 tonnes. Zinc metal production increased 2.1% to 268,387 tonnes from 262,965 tonnes in 2019.2020 Fourth Quarter and Full Year ResultsThe Fund expects to report its full financial and operational results for the fourth quarter and full year ended December 31, 2020 at the end of February 2021.Noranda Income Fund is an income trust whose units trade on the Toronto Stock Exchange under the symbol “NIF.UN”. Noranda Income Fund owns the electrolytic zinc processing facility and ancillary assets (the “Processing Facility”) located in Salaberry-de-Valleyfield,...

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