Day: August 4, 2021
HOUSTON, Aug. 04, 2021 (GLOBE NEWSWIRE) — Altus Midstream Company (Nasdaq: ALTM) today announced second-quarter 2021 results. Results can be found on the company’s website by visiting www.altusmidstream.com/investors.
There will be a conference call Aug. 5 at 1 p.m. Central time to discuss the results. It will be webcast and archived on Altus’ website and available for playback by telephone for one week. The number for the replay is (855) 859-2056 or (404) 537-3406 for international calls. The conference access code is 3993384.
About Altus Midstream Company
Altus Midstream Company is a pure-play, Permian-to-Gulf Coast midstream C-corporation. Through its consolidated subsidiaries, Altus owns gas gathering, processing and transmission assets servicing production in the Delaware Basin and owns equity interests in four Permian-to-Gulf...
McEwen Mining: Q2 2021 Results
Written by Customer Service on . Posted in Public Companies.
TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported its second quarter (Q2) and first half (H1) results for the period ended June 30th, 2021.Our operations delivered strong production results in line with our expectations, and we are on track to meet our 2021 production guidance of 141,000 to 160,400 GEOs.We continue to execute on our turnaround strategy and have made significant progress both from an operational and a financial perspective (see Tables 1-3 below). We expect this trend to continue to the remainder of 2021, as the Froome mine at the Fox Complex reaches commercial production in Q4.On July 6, 2021, we announced that a subsidiary that holds 100% of the Los Azules copper project will be raising financing for the continued development of that project, as well as to...
Firm Capital Property Trust Announces the Acquisition of a 50% Interest in 242 Unit Condominium Manufactured Housing Community for $10.7 Million
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) — Firm Capital Property Trust (“FCPT” or the “Trust“) (TSXV: FCD.UN) is pleased to announce the acquisition of a 50% interest in a 242 condominium unit Manufactured Housing Community (“MHC”) named Hidden Creek Condominium (“Hidden Creek” or the “Property”) located in McGregor, Ontario. The acquisition price for 100% of the 242 condominium units is approximately $10.7 million, excluding transaction costs. The Trust’s portion of the acquisition price is approximately $5.4 million.
Hidden Creek is a condominium MHC consisting of 462 condominium units. The Trust will be acquiring a 50% interest in 242 of the 462 condominium units, with 241 residential houses and one commercial unit. The 220 condominium units not being acquired consist of residential houses. Hidden...
Alpha Healthcare Acquisition Corp. Sets August 24, 2021, for Special Shareholder Meeting to Vote on Humacyte Business Combination
Written by Customer Service on . Posted in Mergers And Acquisitions.
Special shareholder meeting to approve, among other items, the proposed business combination with Humacyte, Inc. to be held August 24, 2021, at 10:00 a.m. EDTShareholders as of the close of business on July 21, 2021, should vote their AHAC shares, no matter how many shares they ownAHAC recommends all shareholders vote “FOR” all proposals at the special shareholder meetingNEW YORK and DURHAM, N.C., Aug. 04, 2021 (GLOBE NEWSWIRE) — Alpha Healthcare Acquisition Corp. (Nasdaq: AHAC) (“AHAC”), a special purpose acquisition company, today announced that it has filed a definitive proxy statement with the Securities and Exchange Commission (“SEC”) and set a date of August 24, 2021, for its special shareholder meeting (the “Special Meeting”) to vote on, among other items, the proposed business combination with Humacyte,...
Yamana Announces Pricing of US$500 Million of 10-Year Unsecured Senior Notes
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TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) — YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) today announced that it has priced an offering of US$500 million aggregate principal amount of its 2.630% Senior Notes due August 15, 2031. The notes will be unsecured, senior obligations of Yamana and will be unconditionally guaranteed by certain of Yamana’s subsidiaries that are also guarantors under Yamana’s credit facility. The offering is expected to close on August 6, 2021. Yamana intends to use the net proceeds from the offering, together with cash on hand, to fund the redemptions of its 4.76% Series C Senior Notes due 2022, its 4.91% Series D Senior Notes due 2024, its 4.78% Series B Senior Notes due 2023 and its 4.950% Senior Notes due 2024 thereby reducing its overall outstanding debt, reducing overall interest...
Tenaris Announces 2021 Second Quarter Results
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The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars and prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standard Board and adopted by the European Union, or IFRS. Additionally, this press release includes non-IFRS alternative performance measures i.e., EBITDA, Free Cash Flow and Net cash / debt. See exhibit I for more details on these alternative performance measures.
LUXEMBOURG, Aug. 04, 2021 (GLOBE NEWSWIRE) — Tenaris S.A. (NYSE and Mexico: TS and MTA Italy: TEN) (“Tenaris”) today announced its results for the quarter ended June 30, 2021 in comparison with its results for the quarter ended June 30, 2020.
Summary of 2021 Second Quarter Results
(Comparison...
Green Plains Announces Turnkey Solution for MSC™ Protein Technology
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Tharaldson Ethanol Named Inaugural Turnkey PartnerGreen Plains introduces a turnkey solution for installation of Fluid Quip Technologies’ MSCTM protein technology.
Through select joint venture partnerships, Green Plains plans to provide all product marketing, quality assurance and quality control (QA/QC), project management and future technology innovation, as well as up to 50% of capital. Green Plains and turnkey partners will collaborate to secure any non-recourse project financing.
These joint ventures will share in all Ultra-High Protein and incremental renewable corn oil production, with Green Plains serving as the exclusive marketer of the renewable corn oil to maximize the product’s low-carbon intensity valuation through anticipated partnerships with renewable diesel producers.
Green Plains expects to benefit from Ultra-High...
Green Plains Announces Proposed Offering of $150 million of Common Stock
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OMAHA, Neb., Aug. 04, 2021 (GLOBE NEWSWIRE) — Green Plains Inc. (NASDAQ:GPRE) today announced that it intends to offer $150 million of shares of common stock in a public offering registered under the Securities Act of 1933, as amended (the “Securities Act”), subject to market and other conditions.
The company also intends to grant the underwriters of the common stock offering a 30-day option to purchase up to an additional $22.5 million of the shares of common stock offered solely to cover over-allotments.
The company expects to use the net proceeds from the offering for growth investments to further accelerate its downstream development opportunities.
Jefferies and BofA Securities are acting as joint book-running managers for the offerings.
This press release does not constitute an offer to sell, or the solicitation of an offer...
First Bank and OceanFirst Bank Announce Definitive Agreement for First Bank to Acquire Two Branch Locations in Central New Jersey Region
Written by Customer Service on . Posted in Mergers And Acquisitions.
Transaction to include approximately $124 million in deposits and $14 million of loans, based on June 30, 2021 balances
HAMILTON, N.J. and RED BANK, N.J., Aug. 04, 2021 (GLOBE NEWSWIRE) — First Bank (NASDAQ: FRBA) and OceanFirst Bank, N.A. (“OceanFirst Bank”), the banking subsidiary of OceanFirst Financial Corp. (“OceanFirst”) (NASDAQ: OCFC), today announced the execution of a definitive agreement whereby First Bank will acquire two New Jersey branch locations from OceanFirst Bank. The terms of the agreement provide for First Bank to acquire the owned premises and equipment, all deposits associated with the branches, which totaled approximately $124 million as of June 30, 2021, as well as selected performing loans totaling approximately $14 million as of June 30, 2021. The assets will be acquired at book value except for the owned...
SuRo Capital Corp. Reports Second Quarter 2021 Financial Results
Written by Customer Service on . Posted in Dividend Reports And Estimates.
Net Asset Value of $16.56 Per Share as of June 30, 2021
Board of Directors Declares $2.25 Per Share Dividend
SAN FRANCISCO, Aug. 04, 2021 (GLOBE NEWSWIRE) — SuRo Capital Corp. (“SuRo Capital”, the “Company”, “we”, “us”, and “our”) (Nasdaq: SSSS) today announced its financial results for the quarter ended June 30, 2021. Net assets totaled approximately $439.6 million, or $16.56 per share, at June 30, 2021, inclusive of dividends totaling $2.50 per share declared and paid during the second quarter, as compared to $18.01 per share at March 31, 2021 and $11.84 per share at June 30, 2020.
“This quarter, SuRo Capital reached its highest dividend-adjusted NAV since inception. We believe this record NAV is supported by the partial monetization of Coursera during the quarter and the unique opportunities being created through our proprietary...