Day: June 20, 2024

Fox Complex: Extending Mine Life; A New Mine at the Stock Property; Exploration Has Driven the Prospect of Earlier Cash Flow

TORONTO, June 20, 2024 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report on the progress at the Fox Complex, where we are advancing a new mine on the Stock Property. Production is planned to start in the second half of 2025. Pre-construction activities of the Stock portal have commenced, which will allow access to mining of the three gold zones, West, Main and East. In addition, the portal will provide cost-effective underground drill platforms to enable testing for expected depth extensions of these three zones. Recent exploration resulted in a 29% increase in the estimated gold resources for Stock’s East Zone. The Fox Complex is comprised of several properties, including Stock, and has Measured and Indicated gold resources of 1,905,000 ounces at average grade of 4.20 g/t Au and Inferred gold resources...

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Cityview Acquires Bay Area Multifamily Project

Tralee Village Apartments features fast-growing location, strong historical occupancy DUBLIN, Calif., June 20, 2024 (GLOBE NEWSWIRE) — Cityview, a premier multifamily investment management and development firm, has acquired Tralee Village Apartments in Dublin – California’s fastest growing city. The three-story, 130-unit multifamily project is spread across two buildings and sits above more than 30,000 square feet of curated ground-floor retail, including eateries and service-focused shops. “Tralee Village was a prime opportunity to acquire a well-located, high-quality asset in a highly sought-after submarket that has experienced significant population and employment growth since the pandemic,” said Sean Burton, CEO of Cityview. “With a 95% average historical occupancy and robust market fundamentals, Tralee Village fits squarely...

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Toll Brothers City Living and Sculptor Real Estate Announce Construction is Complete at The Rockwell, its Newest Condominium on Manhattan’s Upper West Side, as First Residents Take Occupancy

Luxury condominiums on 103rd Street & Broadway boast exceptional amenities near Riverside Park NEW YORK, June 20, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, through its Toll Brothers City Living division, and Sculptor Real Estate the real estate business of Sculptor Capital (“Sculptor”), are pleased to announce construction is complete and closings have commenced at The Rockwell. Located at the corner of 103rd Street and Broadway on Manhattan’s Upper West Side, The Rockwell offers 81 luxury condominiums and a full complement of exceptional amenities. The building was designed by Hill West with interiors by Whitehall Interiors. Named for the block where iconic American artist Norman Rockwell was born, the residences of The Rockwell offer a modern vision of Upper West...

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Nokia Corporation: Repurchase of own shares on 20.06.2024

Nokia CorporationStock Exchange Release20 June 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 20.06.2024 Espoo, Finland – On 20 June 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 508,568 3.42 CEUX – – BATE – – AQEU – – TQEX – – Total 508,568 3.42 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation...

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Ascot Closes Final Tranche of Flow Through Private Placement

VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce that, further to the Company’s news release dated May 7, 2024, the Company has closed the second of two tranches (the “Second Tranche”) of the C$5.0 million non-brokered flow through private placement (the “Offering”), the proceeds of which will be used to fund the 2024 exploration program at the Company’s Premier Gold Project (“PGP” or the “project”), located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia. The Offering consists of 6,024,096 common shares of the Company, which qualify as “flow-through shares” within the meaning of the Income Tax Act (Canada) (the “FT Shares”), at a price of C$0.83 per FT Share. Under...

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Sun Country Airlines Will Hold a Call to Provide a Business and 2nd Quarter Update

MINNEAPOLIS, June 20, 2024 (GLOBE NEWSWIRE) — Sun Country Airlines (NASDAQ: SNCY) will hold a call to provide a business and second quarter update on Friday, June 21, 2024, at 12:30 p.m. Eastern Time.   To access the live call and subsequent replay, interested investors and other parties can log on to the Sun Country investor relations website at https://ir.suncountry.com/news-events/events-and-presentations. They may also access the call by clicking on the link here which will provide a dial-in. About Sun Country Sun Country Airlines is a new breed of hybrid low-cost air carrier, whose mission is to connect guests to their favorite people and places, to create lifelong memories and transformative experiences. Sun Country dynamically deploys shared resources across our synergistic scheduled service, charter, and cargo businesses....

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Key Tronic Corporation Announces Consulting Arrangement With Craig D. Gates

SPOKANE VALLEY, Wash., June 20, 2024 (GLOBE NEWSWIRE) — Key Tronic Corporation (Nasdaq: KTCC) today announced that, in connection with the previously disclosed retirement of Craig D. Gates, the Company’s President and Chief Executive Officer, Mr. Gates will transition to the role of technical advisor, effective June 30, 2024. In this role, Mr. Gates will provide technical advice to the Company and transition support to the Company’s new President and Chief Executive Officer, Brett R. Larsen. Mr. Gates will also continue as a member of the Company’s Board of Directors. Mr. Gates stated, “I am delighted to be able to support the Key Tronic team as a technical advisor. I intend to remain invested in the Company by acting in my new role, continuing my service on the Board and maintaining my ownership of Key Tronic stock. The Company...

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Veteran Wealth Management Executive Jeff Markham Joins Stifel to Bolster Growth and Expansion

ST. LOUIS, June 20, 2024 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced that veteran wealth management executive Jeff Markham has joined the firm’s Stifel, Nicolaus & Company, Incorporated broker-dealer subsidiary as Managing Director. Mr. Markham will help implement the firm’s growth strategy and serve on Stifel’s Global Wealth Management operating committee. He will be based in Dallas, Texas. Mr. Markham comes to Stifel from Merrill Lynch, where he spent 35 years in a number of leadership roles. He most recently served as Vice Chair of Merrill Wealth Management, leading the firm’s community markets strategy. Prior to that, he was Division Executive for the West Division since 2017. He began his career in 1988 as a financial advisor in Fort Worth, Texas. In a joint statement, Ron Kruszewski, Chairman...

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Toll Brothers Releases New Gated Phase of Home Sites at its Bartram Ranch Community in North Florida

Two new Toll Brothers model homes are now available to tour ST. JOHNS, Fla., June 20, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the opening of a new gated phase of home sites in its popular Bartram Ranch community in St. Johns, Florida. The community also opened two brand-new designer-decorated model homes now available for tours, located at 27 Morning Mist Lane in St. Johns. Bartram Ranch offers a variety of all-new home designs featuring large yards and open space between the homes. Home buyers can choose from one- and two-story homes ranging from 2,447 to over 3,884+ square feet with 3 to 6 bedrooms, 3 to 5 bathrooms, and 2- to 4-car garages. Homes are priced from the low $600,000s. “Bartram Ranch is situated in a beautiful, natural setting with oversized...

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First Atlantic Nickel Closes $2.1M No-Warrant Investment at 58% Premium to VWAP, Led by Strategic Investor for 9.98% Stake

VANCOUVER, British Columbia, June 20, 2024 (GLOBE NEWSWIRE) — First Atlantic Nickel Corp. (TSXV: FAN) (OTCQB: FANCF) (FSE: P21) (“First Atlantic” or “FAN” or the “Company”) is pleased to announce that subject to the final approval of the TSX Venture Exchange (the “Exchange”), the Company has closed a non-brokered private placement led by a strategic investor, of 9,928,571 flow-through shares (the “FT Shares”) issued at a price of C$0.21 per FT Share, for aggregate gross proceeds of $2,084,999.91 (the “Offering”). Each FT Share will consist of one common share of the Company issued as a “flow-through share” (within the meaning of subsection 66(15) of the Income Tax Act (Canada). Highlights: The Company’s 2024 exploration program is now fully funded with a planned 5,000m drilling at the Atlantic Nickel Project to target numerous...

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