Day: February 23, 2021
PERTH, Western Australia, Feb. 23, 2021 (GLOBE NEWSWIRE) — Perseus Mining Limited (“Perseus” or the “Company”) (TSX & ASX: PRU) has released its Interim Financial Report for the six months ending December 31, 2020 (“December 2020 Half Year” or the “Half Year”).The Perseus group produced a total of 137,386 ounces of gold in the December 2020 Half Year, 2% more than in the corresponding six-month period in 2019. In the same period, the weighted average all-in site costs (“AISC”), including the costs of production, royalties and sustaining capital, increased by 6% relative to the December 2019 half year, averaging US$1,000 per ounce of gold produced.Reflecting the successful transition to an efficient multi-mine, multi-jurisdictional gold producer and a stronger market for gold, Perseus recorded a 61% increase in the Group’s net...
Laredo Petroleum Announces “At-the-Market” Equity Program
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TULSA, OK, Feb. 23, 2021 (GLOBE NEWSWIRE) — Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or the “Company”) announced today that it has filed a prospectus supplement with the Securities and Exchange Commission (the “SEC”) under which it may offer and sell from time to time and at its discretion shares of its common stock having an aggregate gross sales price of up to $75.0 million pursuant to an “at-the-market” offering program (the “ATM Program”).Laredo has entered into an equity distribution agreement with Wells Fargo Securities, LLC in its capacity as a sales agent (the “sales agent”). Pursuant to this agreement, sales of shares of the Company’s common stock may be made in transactions that are deemed to be “at-the-market” offerings, including...
Centennial Resource Development Announces Full Year 2020 Results and 2021 Guidance
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DENVER, Feb. 23, 2021 (GLOBE NEWSWIRE) — Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced 2020 financial and operational results and 2021 operational plans and targets.Financial and Operational HighlightsGenerated free cash flow and reduced total debt for the second consecutive quarterReported 2020 production volumes, capital expenditures and total unit costs within full year guidance rangesAchieved record spud-to-total depth time for a two-mile lateralIncreased year-over-year acreage position primarily through cost-free swaps and trades2021 Financial and Operational PlanExpect to be free cash flow positive in 2021 using current strip pricingAnticipate significant reduction in leverage by year-end 2021Plan to operate two-rig drilling programExpect to average full year oil production...
Terns to Present at the Cowen 41st Annual Health Care Conference
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FOSTER CITY, Calif., Feb. 23, 2021 (GLOBE NEWSWIRE) — Terns Pharmaceuticals, Inc. (“Terns” or the “Company”) (Nasdaq: TERN), a clinical-stage biopharmaceutical company developing a portfolio of small-molecule single-agent and combination therapy candidates for the treatment of non-alcoholic steatohepatitis (NASH) and other chronic liver diseases, today announced that management will be presenting at the Cowen 41st Annual Health Care Conference on Thursday, March 4 at 9:50 a.m. ET.A live audio webcast of the presentation will be available here and on Terns’ website at http://ir.ternspharma.com/. A replay of the webcast will be archived on Terns’ website for 30 days following the presentation.Terns will also participate in a NASH panel at the conference on Tuesday, March 2 from 12:50-1:50 p.m. ET.About Terns PharmaceuticalsTerns Pharmaceuticals,...
CPS Announces Fourth Quarter and Full Year 2020 Earnings
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Pretax income of $6.5 million for the fourth quarter and $20.1 million for 2020Net income of $4.1 million, or $0.17 per diluted share for the fourth quarterNet income of $21.7 million, or $0.90 per diluted share for 2020New contract purchases of $743 million for the full year 2020 LAS VEGAS, NV, Feb. 23, 2021 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced earnings of $4.1 million, or $0.17 per diluted share, for its fourth quarter ended December 31, 2020. This compares to a net income of $29,000 in the fourth quarter of 2019.Revenues for the fourth quarter of 2020 were $62.4 million, a decrease of $23.3 million, or 27.2%, compared to $85.7 million for the fourth quarter of 2019. Total operating expenses for the fourth quarter of 2020 were $56.0 million compared to $84.8...
GameStop Announces Resignation of CFO and Succession Plan to Support Transformation
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GRAPEVINE, Texas, Feb. 23, 2021 (GLOBE NEWSWIRE) — GameStop Corp. (NYSE: GME), (“GameStop” or the “Company”) today announced that Jim Bell, Executive Vice President and Chief Financial Officer, will be resigning from his roles on March 26, 2021. The Company thanks Mr. Bell for his significant contributions and leadership, including his efforts over the past year during the COVID-19 pandemic.The Company has initiated a search for a permanent Chief Financial Officer with the capabilities and qualifications to help accelerate GameStop’s transformation. A leading executive search firm has been retained to support the process. Internal and external candidates will be evaluated.If a permanent replacement is not in place at the time of Mr. Bell’s departure, GameStop intends to appoint Diana Jajeh, who is currently Senior Vice President...
Pennant Announces Credit Facility Upsize
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EAGLE, Idaho, Feb. 23, 2021 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of operating subsidiaries that provide home health, hospice and senior living services, announced that it has amended its revolving credit facility effective today, increasing its revolving line of credit by $75 million to a total of $150 million, of which approximately $18.3 million was drawn as of February 22, 2021. The amended credit facility is supported by a lending consortium arranged by Truist Bank.“This amended credit facility improves our long-term capital structure and, together with our strong cash flow, expands our ability to continue growing our portfolio of healthcare operations opportunistically,” said Jenn Freeman, Pennant’s Chief Financial Officer. Ms. Freeman noted that, in addition to increasing...
AssetMark Names Natalie Wolfsen Chief Executive Officer
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CONCORD, Calif., Feb. 23, 2021 (GLOBE NEWSWIRE) — AssetMark Financial Holdings, Inc. (NYSE: AMK) today announced that its Board of Directors has named Natalie Wolfsen as the company’s new Chief Executive Officer and Michael Kim as its new President. Both appointments are effective as of March 3, 2021. Ms. Wolfsen and Mr. Kim are succeeding Charles Goldman, who will be leaving his role as President and Chief Executive Officer and as a member of the Board of Directors. Mr. Goldman will assist in the transition by serving as a consultant to the company for one year. Ms. Wolfsen will also join the AssetMark Board of Directors.Ms. Wolfsen, who most recently served as AssetMark’s Executive Vice President and Chief Solutions Officer, brings to her new position more than 25 years of experience in investment product management, investments,...
Sykes Enterprises, Incorporated Issues Notice of Release for Fourth-Quarter & Full-Year 2020 Financial Results
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TAMPA, Fla., Feb. 23, 2021 (GLOBE NEWSWIRE) — Sykes Enterprises, Incorporated (“SYKES” or the “Company”) (NASDAQ: SYKE), a leading full life cycle provider of global customer experience management services, multichannel demand generation and digital transformation, has released its financial results for the fourth-quarter and full-year ended December 31, 2020. The fourth-quarter and full-year 2020 financial results can be viewed at either www.sykes.com, under the “Investor News” section, or using the following link: http://investor.sykes.com/company/investors/investor-news/default.aspx.Forward-Looking StatementsThis press release may contain “forward-looking statements,” including SYKES’ estimates of its future business outlook, prospects or financial results. Statements regarding SYKES’ objectives, expectations, intentions,...
Uniti Group Inc. to Present at Upcoming Investor Conferences
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LITTLE ROCK, Ark., Feb. 23, 2021 (GLOBE NEWSWIRE) — Uniti Group Inc. (“Uniti” or the “Company”) (Nasdaq: UNIT) announced today that its Executive Vice President, Chief Financial Officer and Treasurer, Mark Wallace, and Vice President, Finance and Investor Relations, Bill DiTullio, are scheduled to present at the following upcoming investor conferences:J.P. Morgan 2021 Global High Yield and Leveraged Finance Conference on March 2, 2021 at 2:45 PM ET,Raymond James 42nd Annual Institutional Investors Conference on March 3, 2021 at 2:10 PM ET, andMorgan Stanley 2021 Technology, Media & Telecom Conference on March 4, 2021 at 9:30 AM ET.Other Company attendees include Ron Mudry, Chief Revenue Officer, who is scheduled to present at the J.P. Morgan 2021 Global High Yield and Leveraged Finance Conference, and Mike Friloux, Chief Technology...