Month: January 2021

CICERO, Ill., Jan. 22, 2021 (GLOBE NEWSWIRE) — Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today issued preliminary results for the fourth quarter 2020 and introduced financial guidance for the first half of 2021.For the fourth quarter 2020, Broadwind currently expects to report total revenue of approximately $40.0 million and total non-GAAP adjusted EBITDA to be in the range of $0.1 to $0.3 million, subject to year-end closing procedures. Fourth quarter results were impacted by a delay in the delivery of a tower order to a new wind turbine customer, lower revenue within the Gearing segment and continued pandemic-related supply chain disruptions. The Company ended the year with $3 million of cash on hand and $1 million drawn under its asset based...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, Jan. 22, 2021 (GLOBE NEWSWIRE) — Serengeti Resources Inc. (TSX-V: SIR) (“Serengeti”) and Sun Metals Corp. (TSX-V: SUNM) (“Sun Metals”) are pleased to announce that Sun Metals has obtained an interim order from the Supreme Court of British Columbia with respect to the previously announced proposed plan of arrangement, pursuant to which Serengeti will acquire all of the issued and outstanding shares of Sun Metals, on the basis of 0.215 of a post-Consolidation (as defined below) Serengeti share for each Sun Metals share, which is 0.43 of a pre-Consolidation Serengeti share for each Sun Metals share on a pre-Consolidation basis (the “Transaction”). Each company will mail out a joint management information circular...

LATHAM, N.Y., Jan. 22, 2021 (GLOBE NEWSWIRE) — Plug Power Inc. (NASDAQ:PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, today announced that its January 26, 2021 business update conference call will begin at a new time: 8:30 am ET. On this call, CEO, Andy Marsh, will discuss preliminary results for the full year of 2020, including continual progress versus our business goals. Additionally, Mr. Marsh will outline the company’s plans for 2021.Join the call:Date: January 26, 2021New Time: 8:30 am ETToll-free: 877-405-1239Direct webcast: https://event.webcasts.com/starthere.jsp?ei=1417059&tp_key=03b1210edaThe webcast can also be accessed directly from the Plug Power homepage (www.plugpower.com). A playback of the call will be available online for a period of time following the call.About...

Approximately 262 samples from the first three holes were sent to ALS Global for analysis.TomaGold begins the second part of its 2,500-metre drilling program, which also includes three holes.

Environ 262 échantillons provenant des trois premiers sondages ont été envoyés chez ALS Global pour analyseTomaGold commence la deuxième partie du programme de 2 500 mètres de forage, qui compte également trois sondagesLa Société effectuera également des forages d’exploration sur Monster Lake Est après avoir terminé ceux sur ObalskiMONTRÉAL, 22 janv. 2021 (GLOBE NEWSWIRE) — CORPORATION TOMAGOLD (TSXV: LOT) (« TomaGold » ou la « Société ») est heureuse de présenter les résultats préliminaires de son programme de forages de 2 500 mètres sur sa propriété Obalski, détenue en propriété exclusive par TomaGold. Le but de ce programme était de mieux définir la zone A-Po sur deux sections distinctes (450 E et 120 E), distantes horizontalement l’une de l’autre de 330 mètres. Dans le cadre du programme, la Société anticipe que les sondages...

TORONTO, Jan. 22, 2021 (GLOBE NEWSWIRE) — GameSquare Esports Inc. (CSE: GSQ; FRA: 29Q1) (“GameSquare”, “GameSquare Esports” or the “Company”), an international esports company, is pleased to announce that Justin Kenna has been appointed as Chief Executive Officer and a member of its board of directors. Mr. Kenna most recently served as Chief Financial Officer for FaZe Clan, a leading esports brand, ranked by Forbes as one of the most valuable esports organizations worth more than US$300 million. Justin brings considerable experience in esports, digital media and digital agencies in the United States and Australia and has deep expertise in finance, strategy, and operations. Kevin Wright, the previous Chief Executive Officer of the Company, will continue in the role of President, a member of the Company’s Board of Directors and an...

HONOLULU, Jan. 22, 2021 (GLOBE NEWSWIRE) — First Hawaiian, Inc. (NASDAQ:FHB), (“First Hawaiian” or the “Company”) today reported financial results for its quarter ended December 31, 2020.“We finished 2020 with a strong quarter and continued to support our customers and meet their evolving needs by leveraging technology, digital channels and our deep relationships,” said Bob Harrison, Chairman, President and CEO. “In these uncertain times, our ability to remain agile and innovative positions us well to continue supporting our customers and the community.”On January 20, 2021 the Company’s Board of Directors declared a quarterly cash dividend of $0.26 per share. The dividend will be payable on March 5, 2021 to stockholders of record at the close of business on February 22, 2021.Fourth Quarter 2020 Highlights:Net income of $61.7 million,...

DALLAS, Jan. 22, 2021 (GLOBE NEWSWIRE) — CSW Industrials, Inc. (NASDAQ: CSWI) and Pennzoil-Quaker State Company dba SOPUS products (“Shell”), a wholly owned subsidiary of Shell Oil Company that comprises Shell’s United States (“U.S.”) lubricants business, announced today the execution of a definitive agreement under which Whitmore Manufacturing, LLC (“Whitmore”), a wholly owned subsidiary of CSWI, and Shell will form a joint venture (“JV”) to market, distribute, and sell lubricants, greases, coolants, reliability products, and related industrial services to the North America rail and U.S. mining sectors. The JV, which will be named Shell & Whitmore Reliability Solutions, LLC, is expected to be owned fifty percent by each of Whitmore and Shell.The JV will combine the strengths of Whitmore and Shell to offer multi-sector expertise;...

  ENDEAVOUR ANNOUNCES THE SALE OF ITSNON-CORE AGBAOU MINEAbidjan, January 22, 2021 – Endeavour Mining (TSX:EDV) (OTCQX: EDVMF) is pleased to announce that it has entered into an agreement (the “Agreement”) to sell its 85% interest in its non-core Agbaou mine in Côte d’Ivoire to Allied Gold Corp (“Allied Gold”) for a consideration of up to $80 million with further upside through its equity exposure and a Net Smelter Return (“NSR”) royalty.Sébastien de Montessus, President and CEO of Endeavour, commented: “The sale of our interest in the Agbaou mine to Allied Gold is in line with our strategy of actively managing our portfolio to focus management efforts on high margin, long-life core assets.Agbaou has been a highly cash generative asset which facilitated the organic development of Houndé and Ity, and given that it has now become...

NEW YORK, Jan. 22, 2021 (GLOBE NEWSWIRE) — Today, Nasdaq (NDAQ) announced Jeremy Skule has been appointed to the position of Executive Vice President and Chief Strategy Officer. Expanding his scope in this new role, Skule will lead the Global Strategy Organization to drive strategic planning, mergers and acquisitions, divestitures, venture investing, NasdaqNext innovation, and will be responsible for the company’s positioning as an innovative data, technology and analytics leader. In addition, he will also continue to oversee Nasdaq’s Marketing and Communications division, now part of Global Strategy.Since joining Nasdaq in 2012, Skule has led the global rebranding of Nasdaq, as well as held a leadership role in developing the company’s 2017 strategic pivot to embrace its core strengths in data, analytics and technology. Under Skule’s...