Month: January 2025
TORONTO, Jan. 28, 2025 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to report full-year 2024 consolidated production of 135,900 gold equivalent ounces (“GEOs”)(1), within our guidance range for the year (press release dated Feb 12, 2024).
During 2024, Gold Bar and San Jose produced 44,600 and 60,100 GEOs, respectively, slightly exceeding the top end of our guidance ranges for those operations. At the Fox Complex, we produced 30,150 GEOs, which was below annual guidance due to a stope failure in early 2024 impacting production.Table 1: Consolidated 2024 Production and 2025 Guidance Summary
Full Year2024(3)(4)
2024Guidance(4)
2025 GuidanceConsolidated Production
GEOs(1)
135,900
130,000 – 145,000
120,000 – 140,000Cash Costs/GEO
$1,550 – $1,750AISC/GEO
$1,800...
Vortex Announces Closing of Private Placement of C$400,000 of Unsecured Convertible Debentures
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VANCOUVER, British Columbia, Jan. 28, 2025 (GLOBE NEWSWIRE) — Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) (“Vortex” or the “Company“) is pleased to announce that it has closed its previously announced non-brokered private placement of unsecured convertible debentures of the Company (the “Convertible Debentures”) for aggregate gross proceeds to the Company of C$400,000 (the “Offering”).
The Convertible Debentures are denominated in principal amounts of C$1,000 and will mature on January 24, 2026 (the “Maturity Date”). The Convertible Debentures will bear interest at a rate of 10% per annum from the issue date, calculated quarterly in arrears and payable on the Maturity Date. The Company may prepay the...
Oak Valley Community Bank to Open New Branch in Lodi
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OAKDALE, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) — Oak Valley Community Bank, a wholly owned subsidiary of Oak Valley Bancorp (NASDAQ: OVLY) recently announced it has received regulatory approval to establish its 19th full-service branch. The new office will be located at 31 South School Street in downtown Lodi and is scheduled to open mid-2025.
Established in 1991, Oak Valley Community Bank opened its first branch in San Joaquin County in 2005. The Lodi Branch will be the bank’s sixth location in the county and offer a full line of personal and commercial banking services, a traditional walk-up ATM, and night deposit service. The branch will also include offices for commercial lending and administrative personnel.
“We are pleased to expand our branch network into Lodi. This adds another convenient location to our footprint,” stated...
Ascot Resources Provides Update on CEO Review and Postpones Scheduled Conference Call
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VANCOUVER, British Columbia, Jan. 28, 2025 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) announces that the Company’s newly appointed President and Chief Executive Officer, Jim Currie and his new management team, are continuing a detailed review and assessment of Ascot’s mining operations and overall business strategy. Given the significance and complexity of this process, Mr. Currie requires additional time to complete his evaluation.
As a result, the previously scheduled conference call, announced in the Company’s January 15, 2025 press release, has been postponed. The Company will announce a new date for the conference call in a subsequent press release once Mr. Currie has completed his review and is prepared to provide a comprehensive update to stakeholders.
“It is critical to ensure...
Transocean Ltd. Announces Fourth Quarter, Full Year 2024 Earnings Release Date
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STEINHAUSEN, Switzerland, Jan. 28, 2025 (GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that it will report earnings for the fourth quarter and full year 2024 on Monday, February 17, 2025.
The company will conduct a teleconference to discuss the results starting at 9 a.m. EST, 3 p.m. CET, on Tuesday, February 18, 2025. Individuals who wish to participate should dial +1 785-424-1116 approximately 15 minutes prior to the scheduled start time and refer to conference code 540196.
The teleconference will be simulcast in a listen-only mode at: www.deepwater.com, by selecting Investors, News, and Webcasts. A replay of the conference call will be available after 12 p.m. EST, 6 p.m. CET, on February 18, 2025. The replay, which will be archived for approximately 30 days, can be accessed at +1 402-220-1152, passcode 540196....
Finward Bancorp Announces Earnings for the Quarter and Twelve Months Ended December 31, 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
MUNSTER, Ind., Jan. 28, 2025 (GLOBE NEWSWIRE) — Finward Bancorp (Nasdaq: FNWD) (the “Bancorp”), the holding company for Peoples Bank (the “Bank”), today announced that net income available to common stockholders was $12.1 million, or $2.84 per diluted share, for the twelve months ended December 31, 2024, as compared to $8.4 million, or $1.96 per diluted share, for the corresponding prior year period. For the three months ended December 31, 2024, the Bancorp’s net income totaled $2.1 million, or $0.49 per diluted share, as compared to $606 thousand, or $0.14 per diluted share, for the three months ended September 30, 2024, and as compared to $1.5 million, or $0.35 per diluted share, for the three months ended December 31, 2023. Selected performance metrics are as follows for the periods presented:Performance Ratios
Quarter...
Stifel Raises Quarterly Common Stock Cash Dividend by 10% and Declares Preferred Stock Cash Dividend
Written by Customer Service on . Posted in Dividend Reports And Estimates.
ST. LOUIS, Jan. 28, 2025 (GLOBE NEWSWIRE) — Stifel Financial Corp. (NYSE: SF) today announced that its Board of Directors has declared a cash dividend on shares of its common stock of $0.46 per share, payable March 17, 2025, to shareholders of record at the close of business on March 3, 2025.
The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 6.25% Non-Cumulative Perpetual Preferred Stock, Series B (the “Series B Preferred Stock”), 6.125% Non-Cumulative Perpetual Preferred Stock, Series C (the “Series C Preferred Stock”), and 4.50% Non-Cumulative Perpetual Preferred Stock, Series D (the “Series D Preferred Stock”). The declared cash dividend on the Series B Preferred Stock, Series C Preferred Stock, and Series D Preferred Stock is for the period from December 16, 2024, up to, but excluding,...
STERIS Declares Dividend of $0.57 per share
Written by Customer Service on . Posted in Dividend Reports And Estimates.
DUBLIN, IRELAND, Jan. 28, 2025 (GLOBE NEWSWIRE) — STERIS plc (NYSE: STE) (“STERIS” or the “Company”) announced today that the Company will distribute a quarterly interim dividend of $0.57 per share. The dividend is payable on March 21, 2025, to shareholders of record at the close of business on February 20, 2025.
Additional information about the U.S. tax treatment of dividends, including required Forms 8937, is available at www.steris-ir.com.
STERIS is a leading global provider of products and services that support patient care with an emphasis on infection prevention. WE HELP OUR CUSTOMERS CREATE A HEALTHIER AND SAFER WORLD by providing innovative healthcare and life sciences products and services around the globe.
Company Contact:
Julie Winter, Vice President, Investor Relations and Corporate Communications
Julie_Winter@steris.com
+1.440.392.7245
CAUTIONARY...
First Commonwealth Announces Fourth Quarter and Full Year 2024 Earnings; Declares Quarterly Dividend
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INDIANA, Pa., Jan. 28, 2025 (GLOBE NEWSWIRE) — First Commonwealth Financial Corporation (NYSE: FCF) today announced financial results for the fourth quarter and full year of 2024.
Financial Summary(dollars in thousands,
For the Three Months Ended
For the Year Endedexcept per share data)
December 31,
September 30,
December 31,
December 31,
December 31,
2024
2024
2023
2024
2023Reported Results
Net income
$
35,849
$
32,086
$
44,827
$
142,572
$
157,063
Diluted earnings per share
$
0.35
$
0.31
$
0.44
$
1.39
$
1.54
Return on average assets
1.23
%
1.08
%
1.56
%
1.22
%
1.42
%Return on average equity
10.16
%
9.19
%
14.11
%
10.44
%
12.80
%
Operating Results (non-GAAP)(1)
Core...
23andMe Special Committee Announces Exploration of Strategic Alternatives
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SUNNYVALE, Calif., Jan. 28, 2025 (GLOBE NEWSWIRE) — The Special Committee of the Board of Directors of 23andMe Holding Co. (Nasdaq: ME) (“23andMe” or the “Company”), a leading human genetics company with a mission to help people access, understand, and benefit from the human genome, today announced that it has undertaken a process to explore strategic alternatives, including, among other alternatives, a possible sale of the company, business combination, sale of all or part of the Company’s assets, licensing of assets, restructuring, or other strategic action.
The Board of Directors of 23andMe previously formed the Special Committee, which is comprised of independent directors, to review strategic alternatives that may be available to 23andMe. The Special Committee has engaged Moelis & Company LLC as its financial advisor...