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Month: April 2021

Unigold Inc. Delivers Positive PEA for Candelones Oxide Project

HighlightsPEA assumes 5,000 tonnes per day (“tpd”) run-of-mine heap leach operation Average annual payable gold production of 31,000 oz 50% Pre-Tax Internal Rate of Return (“IRR”), 35% After-Tax IRR US$50 Million Pre-Tax Net Present Value (“NPV”), US$34 Million After-Tax NPV After-Tax Payback Period 1.8 years from start of production Average annual after-tax free cash flow of US$23 Million Initial capital expenditure (“Capex”) of US$36 Million (includes US$5 Million for EPCM and indirect costs in addition to US$5 Million as contingency) AISC of US$744/oz Au Average gold recovery of 75%; total cash operating cost of US$13/tonne Creation of approximately 100 direct jobs and 50 indirect jobs during operation Direct taxes payable to Government of $24 million over life of mineTORONTO, April 26, 2021 (GLOBE NEWSWIRE) — Unigold Inc....

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Couloir Capital Initiates Research Coverage on Rockridge Resources Ltd.

VANCOUVER, British Columbia, April 26, 2021 (GLOBE NEWSWIRE) — Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Company”) is pleased to announce that research coverage has been initiated by Couloir Capital Ltd. The report is titled, “Copper and Gold Explorer with Mineral Assets Exposed to Top Mining Districts.” The report also contains a special Copper Outlook section. The report can be accessed through Couloir Capital’s portal (click Sign In): https://www.couloircapital.com/research-portal#/portal/couloir-capital About Couloir Capital Ltd. Couloir Capital Ltd. is an investment firm comprised of a team of veteran investment professionals dedicated to providing world-class opportunities in the natural resource exploration and development sectors along with real and alternative asset classes...

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Fox River Grants Stock Options

TORONTO, April 26, 2021 (GLOBE NEWSWIRE) — Fox River Resources Corporation (the “Company”) (CSE: FOX) announces that it has granted a total of 2,100,000 stock options (the “Options”) to directors and officers of the Company in accordance with the Company’s Stock Option Plan. Each Option is exercisable into one common share of the Company at an exercise price of $0.41 for a five year term expiring on April 26, 2026. Subject to certain accelerated vesting provisions, one-third of the Options will vest immediately, one-third will vest after 12 months, and the remaining one-third will vest 24 months after the date of the grant. Following this grant, the Company has a total of 2,600,000 stock options outstanding. ABOUT FOX RIVER Fox River owns a 100% interest in the Martison Phosphate Project, located near Hearst, Ontario....

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German American Bancorp, Inc. (GABC) Reports First Quarter 2021 Earnings

JASPER, Ind., April 26, 2021 (GLOBE NEWSWIRE) — German American Bancorp, Inc. (NASDAQ: GABC) reported first quarter 2021 earnings of $19.6 million, or $0.74 per share. This level of strong quarterly earnings represented an increase of $7.1 million, or approximately 57% on a per share basis, from 2020 first quarter earnings of $12.5 million, or $0.47 per share. The first quarter 2021 earnings growth was driven by a number of factors including improved net interest income, lower provision for credit losses and increased non-interest revenue which was partially offset by a modestly higher level of non-interest expense. Net interest income increased $2.7 million in the first quarter of 2021 compared to the same period of 2020. This increase was attributable to a $766 million, or 19%, increase in average total interest earning assets...

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ACV Auctions to Report First Quarter 2021 Financial Results on May 13, 2021

BUFFALO, N.Y., April 26, 2021 (GLOBE NEWSWIRE) — ACV Auctions, Inc. (Nasdaq: ACVA), announced today that it will report first quarter fiscal 2021 financial results following the close of market on Thursday, May 13, 2021. On that day, management will host a conference call and live webcast to discuss financial results at 5:00 p.m. ET. When: Thursday, May 13, 2021 Time: 5:00 p.m. ET Live Call: (833) 607-1658 or (914) 987-7871; Conference ID: 7469212 Live Webcast: https://investors.acvauto.com An archived webcast of the conference call will be available on the investor relations page of the company’s website at https://investors.acvauto.com. A telephonic replay of the conference call will be available until Thursday, May 20, 2021, and can be accessed by dialing (855) 859-2056, or (404) 537-3406 and entering passcode 7469212. About...

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Mandalay Resources Corporation Discovers New Gold Rich Structural Domain Below the Youle Mine

TORONTO, April 26, 2021 (GLOBE NEWSWIRE) — Mandalay Resources Corporation (“Mandalay” or the “Company”) (TSX: MND, OTCQB: MNDJF) is pleased to provide preliminary details on the newly-discovered structural domain below the Youle deposit named the Shepherd Zone at its Costerfield Operation (Victoria, Australia), containing coarse visible gold in two major veining horizons. Drilling highlights: Eastern Veining23.6 g/t gold over true width of 6.27 m in BC187; and 426.7 g/t gold over a true width of 0.77 m in BC193Western Veining231.0 g/t gold over a true width of 0.18 m in BC187; and 460.5 g/t gold over a true width of 0.11 m in BC176 (previously reported)Note: Further intercept details including a breakdown of the aggregated 6.27m intercept in BC187 can be found in Table 1 in the Appendix to this document. Dominic...

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AnalytixInsight Reports 2020 Financial Results and Provides Business Update

TORONTO, April 26, 2021 (GLOBE NEWSWIRE) — Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V: ALY; OTCQB: ATIXF), reports its financial results for the year ended December 31, 2020, and provides a business update. Key 2020 and Recent Business HighlightsAnalytixInsight 2020 revenue: $3.2 million, basic loss per share $(0.03), MarketWall 2020 revenue: $6.5 million, net income of $896,235 and reflects expenses of $305,789 for InvestoPro development and start-up, and InvestoPro received regulatory approval and has been introduced as the online broker of a leading European bank.AnalytixInsightAI-driven research distribution agreement with Refinitiv witnessed strong readership throughout the year and under this initiative more than 13,000 reports have been published on company earnings,...

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Brown & Brown, Inc. Announces Quarterly Revenues of $815.3 Million, an Increase of 16.7%, Diluted Net Income Per Share of $0.70, and a Quarterly Dividend of $0.0925 Per Share

DAYTONA BEACH, Fla., April 26, 2021 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) today announced its unaudited financial results for the first quarter of 2021. Revenues for the first quarter of 2021 under U.S. generally accepted accounting principles (“GAAP”) were $815.3 million, increasing $116.8 million, or 16.7%, compared to the first quarter of the prior year, with commissions and fees increasing by 16.9% and Organic Revenue(1) increasing by 9.8%. Net income was $199.7 million, increasing $47.3 million, or 31.0%, and diluted net income per share increased to $0.70, or 29.6% as compared to the first quarter of the prior year. Diluted Net Income Per Share – Adjusted(2) increased to $0.70, or 37.3%, compared to the first quarter of the prior year. J. Powell Brown, President...

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Reata Announces FDA Accepted for Filing the NDA for Bardoxolone for the Treatment of Patients With Chronic Kidney Disease Caused by Alport Syndrome

Approximately 30,000-60,000 Patients in the United States Are Affected With Alport Syndrome, a Life-Threatening Disease With No Approved Therapies Application Assigned a PDUFA Date of February 25, 2022 If Approved, Bardoxolone Would Become the First Approved Therapy for Alport Syndrome in the United States PLANO, Texas, April 26, 2021 (GLOBE NEWSWIRE) — Reata Pharmaceuticals, Inc. (Nasdaq: RETA) (“Reata,” the “Company,” or “we”), a clinical-stage biopharmaceutical company, today announced that the U.S. Food and Drug Administration (“FDA”) accepted for filing the New Drug Application (“NDA”) for bardoxolone methyl (“bardoxolone”) for the treatment of patients with chronic kidney disease (“CKD”) caused by Alport syndrome. This NDA submission is based on the efficacy and safety data from the CARDINAL Phase 3 clinical trial. The FDA...

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Sun Communities, Inc. Reports 2021 First Quarter Results

Southfield, MI, April 26, 2021 (GLOBE NEWSWIRE) — Sun Communities, Inc. (NYSE: SUI) (the “Company”), a real estate investment trust (“REIT”) that owns and operates, or has an interest in, manufactured housing (“MH”) communities, recreational vehicle (“RV”) resorts and marinas, (collectively, the “properties”), today reported its first quarter results for 2021. Financial Results for the Quarter Ended March 31, 2021 For the quarter ended March 31, 2021, total revenues increased $131.7 million, or 42.4 percent, to approximately $442.0 million compared to $310.3 million for the same period in 2020. Net income attributable to common stockholders was $24.8 million, or $0.23 per diluted common share, for the quarter ended March 31, 2021, as compared to net loss attributable to...

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