Month: June 2021

Figure 1: Island Gold Mine LongitudinalFigure 1: Island Gold Mine LongitudinalFigure 2: Island Gold Mine Main and East Areas – Surface and Underground Directional Drilling ResultsFigure 2: Island Gold Mine Main and East Areas – Surface and Underground Directional Drilling ResultsTORONTO, June 15, 2021 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from surface and underground exploration drilling at the Island Gold mine, further extending high-grade gold mineralization in Island East and West. All reported drill widths are true width of the mineralized zones, unless otherwise stated.Island East: high-grade gold mineralization extended 20 metres (“m”) east from the nearest Inferred Mineral Resource block, over significantly...

Companies have submitted financial documentation requested by STB in support of request for STB approval of voting trust CN and KCS one step closer to creating the premier railway for the 21st century Verified statement by KCS CFO Michael Upchurch emphasizes that financial strength and viability of KCS will be preserved during voting trust period MONTREAL and KANSAS CITY, Mo., June 15, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR, NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that they have jointly filed with the Surface Transportation Board (“STB”) certain documents requested by the STB in its June 8, 2021, Decision in STB Finance Docket No. 36514 to enable the STB to review the voting trust in connection with the definitive Merger Agreement between CN and KCS. These documents include:Written opinions of the...

The Board of Directors of Auriant Mining AB (publ.) (the “Company”) announces that the Company has successfully negotiated further improvements to the terms of its loan facility with VTB. Reflecting the Company’s good performance in 2020 and early 2021, VTB has agreed to reduce the interest rate to 3 months LIBOR plus 3.7%.  This represents a saving of 100bps.  The reduction comes with no breakage fee. Also, the cancellation of a compulsory “cash sweep” clause in the loan agreement will result in a stronger liquidity position and pave the way for sustainable growth of the Company’s resource base and production. Danilo Lange, Chief Executive Officer of Auriant Mining said: “VTB is an important strategic partner of Auriant and has been a big supporter of the Company’s development to date.  The Company looks forward to continuing to work...

Fort Lauderdale, Florida , June 15, 2021 (GLOBE NEWSWIRE) — UAS Drone Corp. (OTCQB: USDR), a leader in robotics technology and drone solutions, announced that Duke Airborne Systems Ltd., its wholly owned Israeli subsidiary, has received a notice of allowance from the U.S. Patent and Trademark Office for a patent titled “Stabilization System” with regard to its stabilization technology incorporated in its advanced robotic system. “The awarded patent demonstrates our commitment to developing our proprietary technology which we believe will have a significant impact on the combat field,” said Yossef Balucka, Chief Executive Officer of UAS Drone Corp. “We are pleased with the development of our stabilization and robotic technology to date and will continue to develop our proprietary stabilization technology for innovative applications...

Providing significant capital to deploy into growing multifamily portfolioPlanning expanded geographic focus into the Southeast WASHINGTON, June 15, 2021 (GLOBE NEWSWIRE) — WashREIT (NYSE: WRE) (“WashREIT” or the “Company”), as part of its multi-year strategic transformation into a multifamily REIT, announced today that it has entered into a definitive agreement to sell substantially all its office portfolio to a Brookfield Asset Management private real estate fund for an aggregate purchase price of $766 million. This office portfolio sale consists of twelve office assets, comprising 2,371,000 square feet, located in the Washington, DC metro area. The transaction is expected to close in the third quarter of 2021, subject to the satisfaction of customary closing conditions. The Company has also signed a letter of intent to sell...

MAHWAH, N.J. and CEDAR RAPIDS, Iowa, June 15, 2021 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, and Involta, a top hybrid IT, cloud computing, and data center services company, today announced a recent partnership to deploy Radware’s DDoS Protection Service to vital organizations nationwide. As an addition to Involta’s existing robust suite of security offerings, Radware’s DDoS Protection Service — recently ranked as a Leader in DDoS protection by Forrester Research — will expand the company’s ability to meet rigorous security requirements across healthcare, manufacturing, financial services, and beyond. Involta, a premier Radware partner, was recently recognized on CRN’s 2021 Managed Service Provider (MSP) 500 list in the Security 100 category. With extensive...

Carrollton, Texas, June 15, 2021 (GLOBE NEWSWIRE) — MDM Permian Inc. (OTC Pink: MDMP). WTI breaks the $70.00 per barrel barrier. Last summer, during the height of the COVID outbreak, oil prices slipped to sub-zero numbers. This was due entirely to the worldwide shut down of businesses. There was no market for crude and as stockpiles increased, prices decreased until the worst possible scenario played out and oil went to -$37 per barrel. One year later the markets have started to rebound and with changes in political winds, the price of crude oil is roaring back to life. Not only is the world back in business but with the Biden Administration, prices can only be expected to continue to increase. Add to that the turmoil within the horizontal shale drilling community and the scenario for higher energy pricing is abundantly clear....

THE COLONY, Texas, June 15, 2021 (GLOBE NEWSWIRE) — Quest Resource Holding Corporation (Nasdaq: QRHC) (“Quest”), a national leader in environmental waste and recycling services, announced today that it has signed a definitive agreement to acquire the assets of an Atlanta-based independent environmental services company.   The total consideration of the acquisition at close is $2.5 million, which will be paid in a combination of cash and an earn-out. During the Trailing Twelve Month (TTM) period ending on March 31, 2021, the acquired assets, which mainly consist of customer contracts, are estimated to have produced Adjusted EBITDA of approximately $0.5 million. The acquisition is expected to be completed in the next 30 to 60 days, subject to customary closing conditions. “We continue to find attractive businesses, like...

LOS ANGELES, June 15, 2021 (GLOBE NEWSWIRE) — GBT Technologies Inc. (OTC: GTCH) (the “Company”), a technology company focused on developing a portfolio of Intellectual Property targeted on the IoT (Internet of Things), mesh technology and integrated Artificial Intelligence (AI), today announced that on June 10, 2021, the Company and GTX Corp (OTC: GTXO) (“GTX”), a pioneer in the fields of health & safety wearable GPS human and asset tracking systems and personal protective medical equipment and supplies, entered into a Letter of Intent (“LOI”) to develop a framework of cooperation between the companies to evaluate the viability and market size of the Company’s Intellectual Property and product line for worldwide exclusive licensing rights to manufacture, sell and distribute their products. “We believe this proposed relationship...

VANCOUVER, British Columbia, June 15, 2021 (GLOBE NEWSWIRE) — NorthWest Copper (“Northwest” or the “Company”) (TSXV: NWST) is pleased to announce the appointment of Vesta Filipchuk as Vice President Sustainability. Vesta will be a key member of our leadership team and brings a wealth of diverse ESG experience to NorthWest. Ms. Filipchuk is a recognized leader in social, environmental, and regulatory affairs and ESG performance. She has over thirty years of experience in Indigenous relations and negotiations, community engagement and consultation, environmental management, and sustainability. Vesta has a strong track record in developing relationships and implementing landmark initiatives and programs using collaborative planning and decision methods to achieve sustainable benefits for First Nations, communities, industry, and government. Ms....