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Day: February 23, 2021

Imperial Reports Final Drill Hole Assays from Mount Polley 2020 Exploration

VANCOUVER, British Columbia, Feb. 23, 2021 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company”) (TSX:III) reports diamond drill results from the final hole of the Mount Polley 2020 exploration program. Drill results from the first five holes were released February 8, 2021. A total of six drill holes, totalling 3,792 metres in length, were completed in the 2020 fourth quarter.Drill hole SD-20-162 was drilled in the Springer zone. The Springer zone contains most of the reserves in the current open pit mine plan. Historic drilling beneath the currently planned Springer pit confirmed the mineralization continues for at least 250 metres below the pit bottom. This hole was designed to fill a gap in drilling on the eastern side of the target area beneath the pit. The hole was collared on the saddle between the Springer and Cariboo...

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FAR Resources Confirms Bonanza Sampling Gold 41.5 g/t Au With Silver 4610.0 G/T Ag, on Its Winston Project New Mexico on Its Newly Staked Claims

VANCOUVER, British Columbia, Feb. 23, 2021 (GLOBE NEWSWIRE) — FAR Resources Ltd (CSE:FAT) (FSE:FOR) (OTC:FRRSF) (www.farresources.com) (“FAR Resources” or the “Company”) confirms bonanza sampling gold 41.5 g/t au with silver 4610.0 g/t ag, on its Winston Project New Mexico on its newly staked claims. Historic exploration activity in the district is limited to an early round of prospectors in the late 1800s and a resurgence in the 1970s-1980s during which several historic mines were drilled. Before now, no modern exploration efforts have systemically assessed the northern portion of the Chloride District.We have covered approximately 32 km2 with prospecting and regional geologic mapping. Significant precious metals have been encountered by geochemical sampling, sufficient to warrant an accelerated exploration plan aimed at better...

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Endeavour Reports Positive PFS Results For Both Fetekro and Kalana, Confirming Strong Organic Growth Pipeline

ENDEAVOUR REPORTS POSITIVE PFS RESULTS FOR BOTH FETEKRO AND KALANA, CONFIRMING STRONG ORGANIC GROWTH PIPELINEHIGHLIGHTS:Positive PFS results for both Fetekro and Kalana Projects confirm Endeavour’s high quality organic growth pipelineFetekro PFS shows potential for +200kozpa production at low AISC over long mine life:10-year mine life based on current reserves of 2.1MozAverage annual production of 209koz at AISC of $838/ozRobust economics with after-tax NPV5%of $479m and IRR of 33%, based on a $1,500/oz gold priceKalana PFS shows potential for 150kozpa production at low AISC over long mine life:11-year mine life based on current reserves of 1.8MozAverage annual production of 150koz at AISC of $901/ozRobust economics with after-tax NPV5%of $331m with IRR of 49% based on a $1,500/oz gold priceDFS on each project will now commence, with further...

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ChampionX Reports Fourth Quarter and Full Year 2020 Results

Revenue of $706.1 million in Q4’20Net income attributable to ChampionX of $7.4 million in Q4’20; adjusted net income of $14.3 millionAdjusted EBITDA of $108.6 million in Q4’20Cash from operating activities of $120.6 million and free cash flow of $107.6 million (15% of revenue) in Q4’20; free cash flow of $115.5 million (16% of revenue) excluding acquisition-related expensesRepaid $79.8 million of debt in Q4’20THE WOODLANDS, Texas, Feb. 23, 2021 (GLOBE NEWSWIRE) — ChampionX Corporation (“ChampionX”) (NASDAQ: CHX) (“the Company”) today announced fourth quarter of 2020 results, our second full quarter following the June 3, 2020 combination of the Company with the legacy ChampionX business, and our full year 2020 results.For the fourth quarter of 2020, revenue was $706.1 million, net income attributable to ChampionX was $7.4 million,...

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Kite Realty Group Trust Announces New Share Repurchase Program

INDIANAPOLIS, Feb. 23, 2021 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE: KRG) (the “Company”) announced today that the Company’s Board of Trustees has authorized a new $150 million share repurchase program, which runs through February 28, 2022 unless otherwise extended by the Board of Trustees.“Today we announced simultaneously putting in place a share buyback and ATM program. Considering current market volatility, these actions will provide KRG with maximum capital markets flexibility to maintain our strong balance sheet as we pursue our long-term business plan,” said Heath Fear, Executive Vice President and CFO.About Kite Realty Group TrustKite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect...

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Home BancShares, Inc. to Participate in Fireside Chat at the Raymond James 42nd Annual Institutional Investors Conference

CONWAY, Feb. 23, 2021 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NASDAQ GS: HOMB) (“Home” or “the Company”), and its wholly-owned subsidiary, Centennial Bank (“Centennial”), announced that it would participate in a Fireside Chat during the Raymond James 42nd Annual Institutional Investors Conference being held virtually, March 1-3, 2021.Home BancShares, Inc. will present at 2:50 p.m. CT (3:50 p.m. ET), on Tuesday, March 2, 2020. The Fireside Chat can be accessed through the company’s website, www.homebancshares.com, under Investor Relations. A replay of the presentation will be available for 7 days following the live presentation at the following link: https://kvgo.com/rjinstitutionalinvestors/home-bancshares-march-2021.Home BancShares, Inc. is a bank holding company, headquartered in Conway, Arkansas. Its wholly-owned subsidiary,...

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European Residential REIT Announces Year End 2020 Results

TORONTO, Feb. 23, 2021 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (“ERES” or the “REIT”) (TSX: ERE.UN) announced today its results for the year ended December 31, 2020.2020 HIGHLIGHTSThe REIT closed on four acquisitions of multi-residential properties in the Netherlands during the third and fourth quarters of 2020, for a combined purchase price of €80.9 million (excluding transaction costs and fees). Mortgage financing was secured for these acquisitions in aggregate, in the principal amount of €45.0 million, with an interest rate of 0.97% and bearing a four-year term to maturity.On July 7, 2020, the REIT graduated from the TSX Venture Exchange to the TSX, a significant milestone marking an increase in ERES’s trading liquidity and providing access to a wider and deeper investor...

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Havertys Announces Key Leadership Promotions and Quarterly Dividend

ATLANTA, Feb. 23, 2021 (GLOBE NEWSWIRE) — HAVERTYS (NYSE: HVT and HVT.A) announced today, that its board of directors made important promotions in further developing and strengthening Havertys leadership team. Steven Burdette was elected president effective March 1, 2021. He will succeed Clarence Smith who will remain chairman and chief executive officer.Burdette, 59, currently serves as executive vice president, operations. He has over 37 years of experience with the company and has held responsibilities for all aspects of the stores, distribution operations, merchandising, supply chain, and marketing. Burdette started his career with Havertys as a manager trainee in Tampa, Florida, and held progressively more challenging roles in four additional Havertys markets. He joined the corporate management team in 1993 and was appointed...

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ATN Reports Fourth Quarter and Full Year 2020 Results

Fourth Quarter and Full Year Performance Demonstrates Resilience of ATN’s Telecom Services BusinessesAlaska Communications’ Shareholders to Vote on ATN’s Acquisition on March 12Long Term Growth Strategy Focused on Developing Additional Partnership Opportunities to Leverage Operating Platform and ExpertiseBEVERLY, Mass., Feb. 23, 2021 (GLOBE NEWSWIRE) — ATN International, Inc. (Nasdaq: ATNI) today reported results for the fourth quarter and full year ended December 31, 2020.Business Review and OutlookCommenting on results, Michael Prior, Chief Executive Officer said, “Our fourth quarter results represented a solid finish to a year of positive operating performance for ATN. In 2020, one of the more challenging business periods in recent history, our telecom operations reported a combined 19% increase in operating income and an 8%...

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Titanium Transportation Group Will Hold a Conference Call to Discuss its Fourth Quarter Results

BOLTON, Ontario, Feb. 23, 2021 (GLOBE NEWSWIRE) — Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX VENTURE:TTR) is pleased to announce that it will issue its financial results for the year ended December 31, 2020 via news release on Tuesday, March 9, 2021 after market close.The Company will also hold a conference call for analysts and investors with Ted Daniel, President and Chief Executive Officer, on Wednesday, March 10, 2021, at 8:00 a.m. Eastern Time, to discuss these results. Business media are also invited to listen to the call.  Details of the conference call:Date: Wednesday, March 10, 2021Time: 8:00 a.m. Eastern TimeNorth America dial-in number: 1-877-291-4570International dial-in number: 1-647-788-4919A replay of the conference call can be accessed until midnight on March 24,...

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