Day: February 4, 2021
VANCOUVER, British Columbia, Feb. 04, 2021 (GLOBE NEWSWIRE) — Lupaka Gold Corp. (“Lupaka” or the “Company“) (TSX-V: LPK, FRA: LQP) provides an update on progress with its international arbitration claim against the Republic of Peru.After a number of minor delays due to the holiday period and the required sourcing of available candidates with the agreed profile, the International Centre for Settlement of Investment Disputes (ICSID) has provided a final list of candidates for the third and final arbitrator to chair the Tribunal.With this list complete, the parties will indicate their preferences and ICSID will then make the final decision as to the third arbitrator within the next few weeks. Please note that Lupaka and the Republic of Peru have previously appointed their respective arbitrators. Once the chair is...
Parex Delivers Reserve Additions from New Operated Fields, Increases Reserves per Share and Extends RLI to 11 Years
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CALGARY, Alberta, Feb. 04, 2021 (GLOBE NEWSWIRE) — Parex Resources Inc. (“Parex” or the “Company”) (TSX:PXT) is pleased to announce the results of its annual independent reserves assessment as at December 31, 2020 and to provide an operational update.The financial and operational information contained below is based on the Company’s unaudited expected results for the year ended December 31, 2020. All currency amounts are in United States dollars, unless otherwise stated.2020 Year-End Corporate Reserves ReportOn a debt adjusted basis, proved developed producing (“PDP”) reserves per share increased by 18% and proved plus probable (“2P”) reserves per share increased by 14%. We exited 2020 with working capital of approximately $320 million and no debt. In 2021, we have multiple opportunities for continued profitable growth...
U.S. Global Investors Announces Increase in Dividend and Reports Strong Acceleration of Growth in Assets, with Total Operating Revenues Increasing 60% QoQ, 480% YoY
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San Antonio, TX, Feb. 04, 2021 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to report financial results for the quarter ended December 31, 2020.During the second fiscal quarter of 2021, the Company saw a second straight period of strong revenue growth due mainly to increased inflows into the U.S. Global Jets ETF (JETS). The Company also realized gains on the sale of its 10 million common shares of HIVE Blockchain Technologies (“HIVE”). A majority of the proceeds were redeployed back into HIVE in the form of convertible securities. Please see the section on HIVE below for further details.Other top-line highlights from the quarter:Total operating revenues increased...
CORRECTION – Itamar Medical Announces Proposed Offering of American Depositary Shares
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CAESAREA, Israel, Feb. 04, 2021 (GLOBE NEWSWIRE) — In a release issued under the same headline on Thursday, February 4th by Itamar Medical Ltd. (Nasdaq: ITMR) (TASE: ITMR), please note that the contact information was incorrect. The corrected release follows:Itamar Medical Ltd. (“Itamar Medical” or the “Company”) (Nasdaq: ITMR) (TASE: ITMR), a medical technology company focused on the development and commercialization of non-invasive medical devices to aid in the diagnosis of respiratory sleep disorders, today announced the commencement of a proposed public offering of American Depositary Shares (“ADSs”) of the Company. Each ADS represents 30 ordinary shares of the Company. The ADSs to be sold in the offering will be offered by the Company and one of its shareholders, Viola Growth 2 A.V. Limited Partnership (the “Selling Shareholder”)....
Novavax und die Regierung der Schweiz geben eine Grundsatzvereinbarung zur Bereitstellung des COVID-19-Impfstoffes bekannt
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GAITHERSBURG, Maryland, Feb. 04, 2021 (GLOBE NEWSWIRE) — Novavax, Inc. (Nasdaq: NVAX), ein Biotechnologieunternehmen, das Impfstoffe der nächsten Generation für schwere Infektionskrankheiten entwickelt, gab heute bekannt, dass das Unternehmen mit der Schweizer Regierung eine verbindliche Eckpunktevereinbarung getroffen hat. Damit werden sechs Millionen Dosen seines proteinbasierten COVID-19-Impfstoffkandidaten NVX-CoV2373 an das Land geliefert.„Die Schweizer Regierung arbeitet proaktiv daran, eine ausreichende Versorgung mit unserem Impfstoff zu gewährleisten, der ihre Bürger vor COVID-19 schützt“, so John J. Trizzino, Chief Commercial Officer und Chief Business Officer von Novavax. „Die Bewältigung dieser weltweiten Krise der öffentlichen Gesundheit erfordert Zusammenarbeit, und wir wissen ihre Partnerschaft für die Bereitstellung...
Silvercorp Reports Net Income of $8.4 Million, $0.05 Per Share, and Cash Flow from Operations of $23.9 Million for Q3 Fiscal 2021
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VANCOUVER, British Columbia, Feb. 04, 2021 (GLOBE NEWSWIRE) — Silvercorp Metals Inc. (“Silvercorp” or the “Company”) (TSX/NYSE American: SVM) reported its financial and operating results for the third quarter ended December 31, 2020 (“Q3 Fiscal 2021”). All amounts are expressed in US Dollars.Q3 FISCAL YEAR 2021 HIGHLIGHTSMined 279,445 tonnes of ore, up 6% compared to the prior year quarter, with ore milled of 260,648 tonnes, a decrease of 2% compared to the prior year quarter;Sold approximately 1.6 million ounces of silver, 800 ounces of gold, 16.8 million pounds of lead, and 9.0 million pounds of zinc, representing increases of 14% and 7% in gold and zinc sold and decreases of 4% and 11% in silver and lead sold compared to the prior year quarter;Revenue of $53.3 million, up 20% or $8.8 million compared to $44.5 million in the...
BlackRock® Canada Announces Custodian Changes for the iShares Gold Bullion ETF and iShares Silver Bullion ETF
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TORONTO, Feb. 04, 2021 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK) and manager of the iShares Gold Bullion ETF (“CGL”) and iShares Silver Bullion ETF (“SVR”, and together with CGL, the “iShares Funds”), is pleased to announce the appointment of new custodians for the iShares Funds following the unitholder approved changes to the investment restrictions of each iShares Fund previously announced on November 6, 2020 and December 18, 2020.BlackRock Canada has appointed CIBC Mellon Trust Company (“CIBC Mellon”) to act as bullion custodian for the iShares Funds and State Street Trust Company Canada (“SSTCC”) as custodian of the non-bullion assets of the iShares Funds. It is expected that the bullion owned by the iShares...
BlackRockᴹᴰ Canada annonce le remplacement du dépositaire du iShares Gold Bullion ETF et du iShares Silver Bullion ETF
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TORONTO, 04 févr. 2021 (GLOBE NEWSWIRE) — Gestion d’actifs BlackRock Canada Limitée (« BlackRock Canada »), filiale en propriété exclusive indirecte de BlackRock, Inc. (« BlackRock ») (NYSE : BLK) et gestionnaire du iShares Gold Bullion ETF (« CGL ») et du iShares Silver Bullion ETF (« SVR » et, avec CGL, les « Fonds iShares ») est heureuse d’annoncer la nomination de nouveaux dépositaires pour les Fonds iShares à la suite de l’approbation, par les porteurs de parts, des modifications apportées aux restrictions en matière de placement de chaque Fonds iShares qui avaient été annoncées auparavant le 6 novembre 2020 et le 18 décembre 2020.BlackRock Canada a nommé Compagnie Trust CIBC Mellon (« CIBC Mellon ») à titre de dépositaire des lingots des Fonds iShares et State Street Trust Company Canada (« Fiducie State Street ») à titre...
Minerals Technologies Reports Fourth Quarter 2020 Earnings of $0.91 Per Share, or $1.08 Per Share, Excluding Special Items
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Company Reports Full Year 2020 Earnings of $3.29 Per Share, or $3.99 Per Share, Excluding Special ItemsFourth Quarter Highlights:Sales of $432 Million, 11 Percent Higher SequentiallyDemand Continued to Improve Across Major End MarketsConsumer-Oriented Products Remained StrongOperating Margin Improved Sequentially and Versus Prior YearStrong Cash Flow from Operations of $92 Million and Free Cash Flow of $72 MillionFull Year Highlights:Navigated a Challenging Environment; Health and Safety #1 PriorityImproved Cost Position; 4 Percent Productivity ImprovementOperating Margin Improved Versus Prior YearStrong Cash Flow from Operations of $241 Million and Free Cash Flow of $175 MillionImproved Financial Flexibility by Extending Debt Maturities and Increasing LiquidityNEW YORK, Feb. 04, 2021 (GLOBE NEWSWIRE) — Minerals Technologies Inc....
Post Holdings Reports Results for the First Quarter of Fiscal Year 2021
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ST. LOUIS, Feb. 04, 2021 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the first fiscal quarter ended December 31, 2020.Highlights:First quarter net sales of $1.5 billionOperating profit of $166.3 million; net earnings of $81.2 million; Adjusted EBITDA of $284.4 millionReaffirmed first half fiscal year 2021 Adjusted EBITDA (non-GAAP) guidance of $520-$550 millionBasis of PresentationOn October 21, 2019, the initial public offering (the “IPO”) of a minority interest in the BellRing Brands business, Post’s historical active nutrition business, was completed. Post fully consolidates the results of BellRing Brands, Inc. (“BellRing”) and its subsidiaries within Post’s financial statements and effective October 21, 2019 allocates 28.8% of BellRing’s consolidated...