Month: February 2021

HOUSTON, Feb. 18, 2021 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE:TRGP) (“TRC” or the “Company”) and Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) have filed their respective Form 10-Ks with the Securities and Exchange Commission (SEC) for the year ended December 31, 2020. The reports may be accessed at www.sec.gov.The reports are also available in the Investors section of the Company’s website at www.targaresources.com, or by going directly to https://www.targaresources.com/investors/financial-information/sec-filings. Hard copies of the report may be ordered free of charge by contacting the Company’s investor relations department by email at investorrelations@targaresources.com, or by phone at (713) 584-1133.About Targa Resources Corp.Targa...

MADISON, Wis., Feb. 18, 2021 (GLOBE NEWSWIRE) — Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) and non-GAAP consolidated unaudited earnings per share (EPS) for 2020 and 2019 as follows:“Despite the events of an unprecedented year, we once again delivered strong earnings growth through solid execution of our purpose-driven strategy. In 2020, we completed our historic wind expansion and announced plans to invest in over 1,400 megawatts of solar, continuing to be one of the industry leaders in the advancement of renewable energy,” said John Larsen, Alliant Energy Chairman, President and CEO. “Consistent with our 5 to 7% long-term earnings growth goal, our 2020 temperature normalized non-GAAP earnings per share increased 7% over calendar year 2019.”Utilities and Corporate...

TORONTO, Feb. 18, 2021 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay” or the “company”) (TSX, NYSE:HBM) today released its fourth quarter and full year 2020 financial results and annual production and cost guidance. All amounts are in U.S. dollars, unless otherwise noted.Fourth Quarter and Full Year Operating and Financial ResultsAchieved 2020 production and unit cost guidance in Peru and Manitoba; Manitoba copper production exceeded the top end of the guidance range and refined zinc metal production was higher than it has been in over ten years.Capitalized on higher gold prices as Manitoba annual gold sales volumes increased by 24% in 2020 compared to the prior year.Full production resumed at 777 on November 25 following a skip hoist incident in early October; shaft repair activities were completed well ahead of schedule and...

TORONTO, Feb. 18, 2021 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of February 2021 of US$0.0633 per unit. The distribution will be payable on March 15, 2021 to unitholders of record as of the close of business on February 26, 2021.Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the “Certain Canadian Federal Income Tax Considerations”, “Certain U.S. Federal Income Tax Considerations” sections of the REIT’s prospectus dated April 18, 2013, and “Risk...

BOUCHERVILLE, Québec, Feb. 18, 2021 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX:GCL) (“Colabor” or the “Company”) today announces the closing of its refinancing including:The Company entered into a credit agreement for a new first-ranking secured credit facility for a total amount of $80 million, comprised of a revolving credit of $50 million and a term loan of $30 million. The credit facility bears interest at the cost of funds plus a margin varying between 1.75% to 3.25% depending on the Company’s leverage ratios and matures in February 2025. The term loan is repayable in the amount of $3 million per year. The credit agreement includes an accordion clause allowing the credit facility to be increased by mutual agreement by an additional $20 million. This facility replaces the existing credit facility.The Company also entered into...

BOUCHERVILLE, Québec, 18 févr. 2021 (GLOBE NEWSWIRE) — Groupe Colabor inc. (TSX:GCL) (« Colabor » ou la « Société ») annonce aujourd’hui la clôture de son refinancement qui comprend :La Société a conclu une entente pour une nouvelle facilité de crédit garantie de premier rang d’un montant autorisé de 80 millions $, incluant un crédit rotatif de 50 millions $ et un prêt à terme de 30 millions $. La facilité de crédit porte intérêt au coût des fonds majoré de 1,75 % à 3,25 % selon les ratios de levier financier de la Société et vient à échéance en février 2025. Le prêt à terme est remboursable d’un montant de 3 millions $ par année. L’entente contient une clause accordéon permettant, de gré à gré, l’augmentation de la facilité de crédit de 20 millions $. Cette facilité remplace la facilité de crédit existante.La Société a aussi conclu...

FRISCO, TX, Feb. 18, 2021 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (“Comstock” or the “Company”) (NYSE: CRK) announced today that it has amended its previously announced cash tender offers (the “Tender Offers”) to purchase up to $750.0 million aggregate purchase price  (the “Aggregate Maximum Tender Amount”) of its outstanding 7.5% senior notes due 2025 (the “2025 Notes”) and 9.75% senior notes due 2026 (the “2026 Notes”, and together with the 2025 Notes, the “Notes”).The Company has amended the Aggregate Maximum Tender Amount to increase the aggregate purchase price of Notes subject to the Tender Offers from $750.0 million to $1.0 billion, as well as to increase the aggregate maximum principal amount of 2026 Notes to be accepted (the “2026 Combined...

FRISCO, TX, Feb. 18, 2021 (GLOBE NEWSWIRE) — Comstock Resources, Inc. (NYSE:CRK) (“Comstock” or the “Company”) announced today the pricing of its private placement of new 6.75% senior notes due 2029 in the aggregate principal amount of $1.0 billion, which was increased from the originally proposed $750.0 million offering (the “Notes”).  The Notes were sold at par.  The offering is expected to close on March 4, 2021, subject to customary closing conditions. The aggregate net proceeds from the sale of the Notes are expected to be approximately $984.0 million, after deducting the initial purchasers’ discounts and other offering expenses, and the Company intends to use such proceeds, together with, if necessary, borrowings under its bank credit facility or cash on hand, to fund the concurrent tender...

TORONTO, Feb. 18, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on March 15, 2021 to holders of Common Shares of record on February 26, 2021.The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent...