Founders looking to raise Series A capital know that it’s an entirely different ball game than seed stage funding. Hear Kleiner Perkins partner Bucky Moore outline the most important ways to mentally prepare for heading into Series A fundraising.
Founders looking to raise Series A capital know that it’s an entirely different ball game than seed stage funding. Hear Kleiner Perkins partner Bucky Moore outline the most important ways to mentally prepare for heading into Series A fundraising.
What stage of the property investment journey are you?
Lucy Rushton was on the 2018 champion Atlanta United side.
Reid has been officially charged with a DWI, and transparency is crucial in the circumstances that led to it.
Astrotech Corporation (NASDAQ: ASTC), announced today the closing of its previously announced underwritten public offering of 24,885,828 shares of its common stock, which included 3,245,977 shares sold pursuant to the full exercise of the underwriter’s option to purchase additional shares, at a price to the public of $1.50 per share, less underwriting discounts and commissions. The gross proceeds to the Company from the offering were approximately $37.3 million, before deducting underwriting discounts and commissions and offering expenses payable by Astrotech.
Last week, she said, 4.4 million new infections were reported, up from about 500,000 cases at this time a year ago.
The law firm of Kirby McInerney LLP is investigating claims against Merit Medical Systems, Inc. ("Merit Medical" or the "Company") (NASDAQ: MMSI). The investigation focuses on whether the Company’s board of directors has breached its fiduciary duties to the Company.
SHAREHOLDER ACTION ALERT: The Schall Law Firm Reminds Investors of a Class Action Lawsuit Against 3D Systems Corporation.
Sinclair Broadcast Group (NASDAQ: SBGI) (‘the Company’) today announced that Ring of Honor (ROH), the Company’s professional wrestling promotion, will be airing special programming alongside its 500th episode this Thursday, April 15 from 6 p.m. to 9 p.m. Eastern Daylight Time. Viewers can watch the special on Sinclair stations and Bally Sports regional networks, as well as on the free "Best On The Planet" channel, Ring of Honor’s 24/7 streaming platform, available on STIRR.
Fastenal Company (Nasdaq:FAST) reported its board of directors declared a dividend of $0.28 per share to be paid in cash on May 25, 2021 to shareholders of record at the close of business on April 26, 2021. Except for share and per share information, dollar amounts are stated in millions.
Further to our company announcement issued on 4 December 2020, Ørsted has now completed the divestment of 25% of the Ocean Wind Offshore Wind Farm to New Jersey’s Public Service Enterprise Group (PSEG). The information provided in this announcement does not change Ørsted’s previous financial guidance for the financial year of 2021 or the announced expected investment level for 2021. For further information please contact: Ørsted Investor Relations Allan Bødskov Andersen +45 99 55 79 email@example.com Ørsted Group Media RelationsTom Christiansen+45 99 55 60 firstname.lastname@example.org Attachment OCW divestment completed
VANCOUVER, British Columbia, April 12, 2021 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (“Eldorado” or “the Company”) is pleased to announce first quarter 2021 preliminary gold production of 111,742 ounces, in-line with the Company’s 2021 annual guidance of between 430,000 and 460,000 ounces of gold. Individual mine gold production is shown in the table below. Q1 2021 Preliminary Gold Production Gold Production (oz)Q1 2021Full Year 2021 Guidance Kisladag46,172140,000 - 150,000 Lamaque28,835140,000 - 150,000 Efemcukuru23,29890,000 - 95,000 Olympias13,43755,000 - 65,000 Total111,742430,000 - 460,000 Canada First quarter 2021 gold production at Lamaque is on track, with both throughput and grade in-line with the plan to deliver annual guidance. The decline connecting the Sigma mill with the Triangle underground mine is progressing on schedule for year-end completion. In-fill and expansion drilling continued at the recently announced Ormaque maiden gold resource. On April 7, 2021, Eldorado announced the closing of the acquisition of QMX, which has increased the Company’s overall land position around Lamaque by 550%. Turkey Strong first quarter production at Kisladag was consistent with 2021 guidance. The mine is expected to benefit from higher solution processing rates resulting from the successful installation of two additional CIC trains in the first quarter. At Efemcukuru, gold production, throughput and average gold grade were also in-line with guidance. Greece First quarter gold production at Olympias was consistent with the plan to deliver 2021 guidance. The Company continues to target efficiency and productivity improvements at Olympias to enhance the mine’s long-term production and cost profile. On March 23, 2021 the amended Investment Agreement (the “Agreement”) was published in the Greek Government Gazette, officially becoming law of the Hellenic Republic. The Agreement underscores Eldorado’s commitment to long-term responsible investment in Greece for the mutual benefit of all stakeholders. Q1 2021 Financial and Operational Results Call Details Eldorado will release its first quarter 2021 Financial and Operational Results after the market closes on Thursday, April 29, 2021 and will host a conference call on Friday, April 30, 2021 at 11:30am ET (8:30am PT). The call will be webcast and can be accessed at Eldorado Gold’s website: www.eldoradogold.com, or via:http://services.choruscall.ca/links/eldoradogold20210430.html Conference Call Details Replay (available until June 4, 2021) Date: April 30, 2021 Vancouver:+1 604 638 9010Time: 11:30 am ET (8:30 am PT) Toll Free:1 800 319 6413Dial in: +1 604 638 5340 Access code:6634Toll free: 1 800 319 4610 About Eldorado Gold Eldorado is a gold and base metals producer with mining, development and exploration operations in Turkey, Canada, Greece, Romania, and Brazil. The Company has a highly skilled and dedicated workforce, safe and responsible operations, a portfolio of high-quality assets, and long-term partnerships with local communities. Eldorado's common shares trade on the Toronto Stock Exchange (TSX: ELD) and the New York Stock Exchange (NYSE: EGO). Contact Investor RelationsJeff Wilhoit, Interim Head of Investor Relations604.376 1548 or 1.888.353.8166 email@example.com MediaLouise Burgess, Director Communications & Government Relations604.616 2296 or firstname.lastname@example.org Cautionary Note about Forward-looking Statements and Information Certain of the statements made and information provided in this press release are forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Often, these forward-looking statements and forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", “continue”, “projected”, "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements or information contained in this release include, but are not limited to, statements or information with respect to: our preliminary first quarter 2021 gold production, the Company’s 2021 annual guidance, including at our individual mine production; construction of the decline connecting Sigma mill with the Triangle underground mine, including the timing of completion; any benefits from higher solution processing rates at Kisladag; any expected improvements at Olympias, including any expected benefits to long-term production and cost profile; our expectation as to our future financial and operating performance, including expectations around generating free cash flow; working capital requirements; debt repayment obligations; use of proceeds from financing activities; expected metallurgical recoveries and improved concentrate grade and quality; gold price outlook and the global concentrate market; risk factors affecting our business; our strategy, plans and goals, including our proposed exploration, development, construction, permitting and operating plans and priorities and related timelines; and schedules and results of litigation and arbitration proceedings. Forward-looking statements and forward-looking information by their nature are based on assumptions and involve known and unknown risks, market uncertainties and other factors, which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. We have made certain assumptions about the forward-looking statements and information, including assumptions about: our preliminary gold production and our guidance, timing of construction of the decline between Sigma mill and the Triangle underground mine; the benefits of high solution processing rates at Kisladag; benefits of improvements at Olympias; how the world-wide economic and social impact of COVID-19 is managed and the duration and extent of the COVID-19 pandemic; timing and cost of construction and exploration; the geopolitical, economic, permitting and legal climate that we operate in; the future price of gold and other commodities; the global concentrate market; exchange rates; anticipated costs, expenses and working capital requirements; production, mineral reserves and resources and metallurgical recoveries; the impact of acquisitions, dispositions, suspensions or delays on our business; and the ability to achieve our goals. In particular, except where otherwise stated, we have assumed a continuation of existing business operations on substantially the same basis as exists at the time of this release. Even though our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statement or information will prove to be accurate. Many assumptions may be difficult to predict and are beyond our control. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. These risks, uncertainties and other factors include, among others: inability to meet production guidance, inability to complete construction of the decline between Triangle mill and the Triangle underground mine on time, inability to achieve the expected benefits from high solution processing rates at Kisladag or improvements at Olympias, global outbreaks of infectious diseases, including COVID-19; timing and cost of construction, and the associated benefits; recoveries of gold and other metals; geopolitical and economic climate (global and local), risks related to mineral tenure and permits; gold and other commodity price volatility; information technology systems risks; continued softening of the global concentrate market; risks regarding potential and pending litigation and arbitration proceedings relating to our business, properties and operations; expected impact on reserves and the carrying value; the updating of the reserve and resource models and life of mine plans; mining operational and development risk; financing risks; foreign country operational risks; risks of sovereign investment; regulatory risks and liabilities including environmental regulatory restrictions and liability; discrepancies between actual and estimated production; mineral reserves and resources and metallurgical testing and recoveries; additional funding requirements; currency fluctuations; community and non-governmental organization actions; speculative nature of gold exploration; dilution; share price volatility and the price of our common shares; competition; loss of key employees; and defective title to mineral claims or properties, as well as those risk factors discussed in the sections titled “Forward-Looking Statements” and "Risk factors in our business" in the Company's most recent Annual Information Form & Form 40-F. The reader is directed to carefully review the detailed risk discussion in our most recent Annual Information Form filed on SEDAR and EDGAR under our Company name, which discussion is incorporated by reference in this release, for a fuller understanding of the risks and uncertainties that affect the Company’s business and operations. The inclusion of forward-looking statements and information is designed to help you understand management’s current views of our near- and longer-term prospects, and it may not be appropriate for other purposes. There can be no assurance that forward-looking statements or information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on the forward-looking statements or information contained herein. Except as required by law, we do not expect to update forward-looking statements and information continually as conditions change. Except as otherwise noted, scientific and technical information contained in this press release was reviewed and approved by Simon Hille, FAusIMM and VP Technical Services for the Company, and a "qualified person" under NI 43-101.
MONTREAL, April 12, 2021 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (FPC: TSX-V) (“Falco”) announces that, pursuant to the exercise of a right of first refusal, it has bought back, a portfolio of net smelter return royalties varying from 1% to 2% from IAMGOLD Corporation (the “IAMGOLD NSR”) relating to, among others, properties known as Flavrian and Central Camp. Such properties are not part of the Horne 5 properties. In consideration for the IAMGOLD NSR, IAMGOLD received a cash amount of US$500,000. About Falco Falco is one of the largest mineral claim holders in the Province of Québec, with extensive land holdings in the Abitibi Greenstone Belt. Falco owns approximately 70,000 hectares of land in the Rouyn-Noranda mining camp, which represents 70% of the entire camp and includes 13 former gold and base metal mine sites. Falco’s principal asset is the Horne 5 Project located in the former Horne mine that was operated by Noranda (now Glencore Canada Corporation) from 1927 to 1976 and produced 11.6 million ounces of gold and 2.5 billion pounds of copper. Osisko Gold Royalties Ltd’s subsidiary, Osisko Development Corp. is Falco’s largest shareholder owning 18.2% interest. For further information, please contact: Luc LessardPresident and Chief Executive Officer and Director514email@example.com Jeffrey White, LL.B, MBADirector, Investor Relations firstname.lastname@example.org Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Casino Group actively studies potential market operations for Cdiscount and GreenYellow subsidiaries Paris, 12th April 2021, The Board of Directors of Casino Group today reviewed strategic options for its Cdiscount and GreenYellow subsidiaries. The Board noted the excellent operational performances of both companies, their recognized strong growth potential in their respective markets and the current favorable environment on the equity market. It also confirmed the strategic role of both subsidiaries in the Group’s profitable growth plan. As a result, Casino Group announces that it has launched preparatory works for potential additional capital increases for GreenYellow and Cdiscount to enable them to accelerate their growth plans. Those operations, which could be done through market operations, could also include a secondary placement of shares held by the Group, while ensuring that Casino Group continues to maintain control of both strategic subsidiaries. The Group will keep the market informed of the evolution of those projects which will be conducted in consultation with the other shareholders of both subsidiaries1. Disclaimer This press release was prepared solely for information purposes, and should not be construed as a solicitation or an offer to buy or sell securities or related financial instruments. Likewise, it does not provide and should not be treated as providing investment advice. It has no connection with the specific investment objectives, financial situation or needs of any receiver. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein. It should not be regarded by recipients as a substitute for the exercise of their own judgement. All the opinions expressed herein are subject to change without notice. ANALYST AND INVESTOR CONTACTSLionel BENCHIMOL – +33 (0)1 53 65 64 17 email@example.com +33 (0)1 53 65 24 17 IR_Casino@groupe-casino.fr PRESS CONTACTSCasino Group – Direction of CommunicationStéphanie ABADIE - firstname.lastname@example.org - +33 (0)6 26 27 37 05 or +33(0)1 53 65 24 78 - email@example.com Agence IMAGE 7Karine ALLOUIS - +33(0)1 53 70 74 84 - firstname.lastname@example.orgFranck PASQUIER – Tel : +33 (0)1 53 70 74 91 - email@example.com 1 Cdiscount is a subsidiary owned at 100% by Cnova, which is owned at 65% by Casino Guichard-Perrachon and 34% by GPA; GreenYellow is a subsidiary owned at 73% by Casino Guichard-Perrachon and 24% by Tikehau and Bpifrance Attachment 2021.04.12 - PR - Casino Group actively studies potential market operations for Cdiscount and GreenYellow subsidiaries
VANCOUVER, British Columbia, April 12, 2021 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY) (“Search” or the “Company”), is pleased to announce that SGS Canada Inc. (“SGS”) has reported on pre-concentration of the rare earth content of DEEP FOX, FOXTROT and FOX MEADOW mineral samples using Low Intensity Magnetic Separation (LIMS) and Wet High Intensity Magnetic Separation (WHIMS). This program was initiated following the successful use of LIMS to concentrate magnetite and WHIMS to concentrate rare earth elements prior to zirconia flotation with a channel sample of SILVER FOX deposit mineralization (see Search Minerals new release January 12, 2021). HIGHLIGHTS – RARE EARTH CONCENTRATION The DEEP FOX, FOXTROT and FOX MEADOW results for WHIMS concentration of REE’s are shown below. A sample of DEEP FOX mineralization containing 1.15% TREO/Y was treated sequentially by LIMS and WHIMS. The WHIMS concentrate was enriched to 5.55% TREO/Y containing enriched levels of the key magnet making elements (Nd/Pr/Tb/Dy). The overall recovery of TREO/Y to the WHIMS Concentrate was 78.3%A sample of FOXTROT mineralization containing 1.13% TREO/Y enriched to 4.81% TREO/Y in the WHIMS concentrate with an overall recovery of 78.3%.A sample of FOX MEADOW mineralization containing 0.92% TREO/Y enriched to 3.91% TREO/Y in the WHIMS concentrate with an overall recovery of 81.8%.Further work at SGS Canada is planned to investigate increases in recovery and grade of the WHIMS rare earth concentrates and to demonstrate REE recovery via the Search Direct Extraction process applied to the concentrates. DEEP FOXNd (g/t)Pr (g/t)Tb (g/t)Dy (g/t)TREO/YMineral Sample1633419442661.15%WHIMS Concentrate8061209720411835.55%Recovery (%)80.381.073.171.778.3 FOXTROTNd (g/t)Pr (g/t)Tb (g/t)Dy (g/t)TREO/YMineral Sample1553418352231.13%WHIMS Concentrate676018301328244.81%Recovery (%)80.180.970.369.478.3 FOX MEADOWNd (g/t)Pr (g/t)Tb (g/t)Dy (g/t)TREO/YMineral Sample1480381331840.92%WHIMS Concentrate616316231156633.91%Recovery (%)82.685.965.964.681.8 SGS Magnetic Separation Testing was conducted on three samples of mineralization from the DEEP FOX, FOXTROT and FOX MEADOW deposits within the Port Hope Simpson Critical Materials District. The DEEP FOX and FOX MEADOW samples were channel samples from the surface exposure of the deposits and the FOXTROT sample was a blend of three large samples of over 40 tonnes of material taken in preparation for pilot plant programs. The samples were ground to 100% passing 270 mesh particles size to liberate the rare earth minerals from the host minerals. For each deposit type, a 10 kg sample of ground material was subjected to LIMS testing. The LIMS concentrates bear the strongly magnetic minerals in the samples including magnetite. A 200 g portion of LIMS non-magnetic material was then passed through a WHIMS at 5000, 10,000 and 15,000 Gauss field strength. Three concentrates were recovered per deposit type and these were combined and analyzed. The results are summarized in simplified tabular format below (Table 1). The major findings are; Rare earth elements were concentrated by WHIMS at ~80% overall recovery, yielding 3.91-5.5% TREO (including Y) grade. The mass of material reporting to the WHIMS concentrates ranged from 16-19% of the original material. This will dramatically reduce the material to be processed via the Direct Extraction Process.LIMS concentrates containing 92-98% Fe2O3 have been produced. These concentrates may be saleable as a by-product as an iron ore concentrate.The WHIMS non-magnetic product contains ~83-88% of the ZrO2 from the original mineral samples. This result is consistent with the Silver Fox testing reported in a News Release dated January 12, 2021. The deportment of ZrO2 to the WHIMS non-magnetic product allows the further opportunity to recover zirconium and hafnium by mineral separation (eg. flotation) processes. These results will be the basis for further process optimization and engineering trade off studies. The process optimization work will focus on obtaining increased grade of WHIMS magnetic concentrate and increasing the overall recovery. Engineering trade off studies will compare the cost of whole of ore treatment by the Direct Extraction Process versus pre-concentration by magnetic separation followed by WHIMS concentrate treatment by the Direct Extraction Process. Greg Andrews, President/CEO states; “This test work demonstrates the potential to use LIMS and WHIMS to recover magnetite concentrate for potential sale and, most importantly, to recover a REE concentrate for processing to recover a high grade REE product for refining and separation. The treatment of a REE concentrate from any of our deposits would dramatically reduce the size of a Direct Extraction process plant for REE recovery. Similarly, the use of acids and bases and other reagents would be significantly reduced. Search Minerals has now confirmed that magnetic concentration can be applied to DEEP FOX, FORTROT AND FOX MEADOW mineralization. Search Minerals thanks ACOA and InnovateNL for their continued support received to undertake this study.” Corporate Developments: The Company has put into effect an internal blackout on trading of the Company’s shares with immediate effect. This policy covers the management and board of directors of the Company and InCoR Holdings (the Company’s controlling shareholder). Table 1. Summary of LIMS and WHIMS Testing of DEEP FOX, FOX TROT and FOX MEADOW Samples at SGS Canada DEEP FOXLIMS + WHIMS Combined Products Product WeightAssays, %, or g/t %Ce %Nd %La %Pr %Sm g/tEu g/tGd g/tTb g/tDy g/tHo g/tEr g/tTm g/tYb g/tLu g/tY g/tTREO %U g/tTh g/tZrO2 %SiO2 %Al2O3 %Fe2O3 %WHIMS Mags16.01.730.810.740.21152482.01244204118323463988.952667.054995.55584351.921.94.015.5WHIMS Non-Mags77.50.080.040.030.01725.578159120628.86310.54860.3019.4242.238.23.51.4LIMS Mags6.50.050.050.020.01572.557117016446.3405.73870.207.9188.8.131.524.6Head (calc.)1000.340.160.150.043241726744266541542214118.412971.1525892.871.66.311.4 ProductWeight Distribution % %CeNdLaPr Sm Eu Gd Tb Dy Ho Er Tm Yb Lu YTREOU Th ZrO2SiO2Al2O3Fe2O3WHIMS Mags16.081.580.381.481.08074.8767372706766.36255.768.778.33778.415.510.519.031.8WHIMS Non-Mags77.517.618.917.718.01824.3232527293131.83642.329.420.660.720.783.088.980.414.1LIMS Mags184.108.40.206.220.127.116.11.18.104.22.168.91.81.82.01.91.142.01.01.40.60.554.1 FOXTROTLIMS + WHIMS Combined Products Product WeightAssays, %, g/t %Ce %Nd %La %Pr %Sm g/tEu g/tGd g/tTb g/tDy g/tHo g/tEr g/tTm g/tYb g/tLu g/tY g/tTREO %U g/tTh g/tZrO2 %SiO2 %Al2O3 %Fe2O3 %WHIMS Mags19.31.580.680.720.18119561.690013282415744959.536449.941994.81865601.946.94.421.7WHIMS Non-Mags73.90.090.040.040.01925.583148917507.0488.24520.3324.5481.822.214.171.124LIMS Mags6.80.050.050.020.01502.555106714415.2315.13450.1916.7240.34.60.597.1Head (calc.)1000.360.160.160.042831522935223421231710715.011141.13361451.7126.96.36.199 Product WeightDistribution % %CeNdLaPr Sm Eu Gd Tb Dy Ho Er Tm Yb Lu YTREOU Th ZrO2SiO2Al2O3Fe2O3WHIMS Mags19.381.080.180.880.97673.7737069696967.66560.069.478.34674.421.513.612.033.0WHIMS Non-Mags73.918.119.018.318.22225.1262829292930.33337.728.520.550.524.577.386.087.512.2LIMS Mags188.8.131.52.184.108.40.206.62.02.12.32.22.12.02.32.220.127.116.11.20.50.554.8 FOX MEADOWLIMS + WHIMS Combined Products Product WeightAssays, %, g/t %Ce %Nd %La %Pr %Sm g/tEu g/tGd g/tTb g/tDy g/tHo g/tEr g/tTm g/tYb g/tLu g/tY g/tTREO %U g/tTh g/tZrO2 %SiO2 %Al2O3 %Fe2O3 %WHIMS Mags18.21.340.620.530.16103450.373811566312934646.328138.726333.9148960.918.104.22.168WHIMS Non-Mags75.60.040.030.010.01824.980138117466.8405.93510.209.981.835.46.00.7LIMS Mags6.20.040.040.020.01725.578148115405.7323.43210.1813.822.214.171.1241.9Head (calc.)1000.280.150.120.04269142063318439104148512.07330.9218252.066.29.311.0 Product WeightDistribution % %CeNdLaPr Sm Eu Gd Tb Dy Ho Er Tm Yb Lu YTREOU Th ZrO2SiO2Al2O3Fe2O3WHIMS Mags18.288.182.689.985.97469.5686665636360.66160.262.681.85173.510.613.78.041.4WHIMS Non-Mags75.611.016.69.313.22428.1303133353536.93638.134.616.944.125.088.685.791.46.7LIMS Mags126.96.36.199.188.8.131.52.184.108.40.206.220.127.116.11.18.104.22.168.80.60.551.9 Qualified Person:Dr. David Dreisinger, Ph.D., P.Eng, is the Company’s Vice President, Metallurgy, and Qualified Person (as defined by National Instrument 43-101) who has supervised the preparation of and approved the technical information reported herein. The company will endeavour to meet high standards of integrity, transparency, and consistency in reporting technical content, including geological and assay (e.g., REE) data. About Search Minerals Inc. Led by a proven management team and board of directors, Search is focused on finding and developing Critical Rare Earths Elements (CREE), Zirconium (Zr) and Hafnium (Hf) resources within the emerging Port Hope Simpson – St. Lewis CREE District of South East Labrador. The Company controls a belt 63 km long and 2 km wide and is road accessible, on tidewater, and located within 3 local communities. Search has completed a preliminary economic assessment report for FOXTROT, and a resource estimate for DEEP FOX. Search is also working on three exploration prospects along the belt which include: FOX MEADOW, SILVER FOX and AWESOME FOX. Search has continued to optimize our patented Direct Extraction Process technology with the generous support from the Department of Tourism, Culture, Industry and Innovation, Government of Newfoundland and Labrador, and from the Atlantic Canada Opportunity Agency. We have completed two pilot plant operations and produced highly purified mixed rare earth carbonate concentrate and mixed REO concentrate for separation and refining. For further information, please contact: Greg AndrewsPresident and CEOTel: 604-998-3432E-mail: firstname.lastname@example.org Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Cautionary Statement Regarding “Forward-Looking” Statements: Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes information about the Company’s anticipated use of proceeds of the Private Placement, and other forward-looking information. Factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the inability to obtain the necessary Exchange approvals to complete the Private Placement or to apply the proceeds of the Private Placement as anticipated by management. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's financial condition and development plans do not change as a result of unforeseen events, and that the Company will receive all required regulatory approvals, including Exchange approval, for the Private Placement. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein. The Company does not assume any obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless and until required by applicable securities laws. Additional information identifying risks and uncertainties is contained in the Company's filings with the Canadian securities regulators, which filings are available at www.sedar.com.
Date: May 11, 2021 Time: 7:00 p.m. (Eastern Time)TORONTO, April 12, 2021 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”), the largest pure-play automotive fleet manager in the world, will hold its first quarter results conference call and webcast for investors and analysts on Tuesday, May 11, 2021 at 7:00 p.m. ET. Element’s financial and operating results for the period will be issued after market close on Tuesday, May 11, 2021 and will be available on the Company’s website at www.elementfleet.com/investors. The conference call and webcast can be accessed as follows: Webcast: http://services.choruscall.ca/links/elementfleet20210511.html Telephone: Click here to join the call most efficiently, or dial one of the following numbers to speak with an operator: Canada/USA toll-free: 1-800-319-4610 International: +1-604-638-5340 The webcast will be available on the Company’s website for three months. A taped recording of the conference call may be accessed through June 11, 2021 by dialing 1-800-319-6413 or +1-604-638-9010 and entering the access code 6635. About Element Fleet Management Corp. Element Fleet Management (TSX: EFN) is the largest pure-play automotive fleet manager in the world, providing the full range of fleet services and solutions to a growing base of loyal, world-class clients – corporates, governments and not-for-profits – across North America, Australia and New Zealand. Element enjoys proven resilient cash flow, a significant proportion of which is returned to shareholders in the form of dividends and share buybacks; a scalable operating platform that magnifies revenue growth into earnings growth; and an evolving capital-lighter business model that enhances return on equity. Element’s services address every aspect of clients’ fleet requirements, from vehicle acquisition and maintenance to accident recovery and remarketing. Clients benefit from Element’s expertise as the largest fleet solutions provider in its markets, offering unmatched economies of scale and insight used to reduce fleet operating costs and improve productivity and performance. For more information, visit www.elementfleet.com/investors. CONTACT: Contact: Michael Barrett Vice President, Investor Relations (416) 646-5698 email@example.com
The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Northern District of Ohio on behalf of those who acquired Lordstown Motors Corp. ("Lordstown" or the "Company") (NASDAQ: RIDE) securities from August 3, 2020 through March 24, 2021 (the "Class Period"). Investors have until May 17, 2021 to apply to the Court to be appointed as lead plaintiff in the lawsuit.
Lights, cameras, Regal back in action; why cash-out refinancing is different this time; restaurant closings: the impact; a strong year for rentals unfolding; retailers and on-demand warehousing. Last October, Cineworld Group (LSE: CINE), the parent company of Regal Cinemas, shut down all of its U.S. and U.K. movie theaters. Now, our Maurie Backman reports, around 500 theaters are welcoming movie fans back this month at limited capacity.
Figure One Kiena Deep A Zone and Bulk Sample Location Figure Two Plan View Showing A Zone Location from Block Model and Mine Development Figure Three Muck and Chip Preliminary Results Figure Four Bulk Sample TORONTO, April 12, 2021 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces positive results from underground bulk sample program on the Kiena Deep A Zone at the Company’s 100% owned Kiena Mine Complex in Val d'Or, Quebec. The bulk sample provided an opportunity to confirm the geologic interpretation of the deposit, test for spatial and grade continuity of the mineralized structures, validate key assumptions of the mineral resource estimate and assess the rock quality characteristics. Highlights of the Bulk Sample A total of 7,032 tonnes were processed from the bulk sample at the Kiena mill. The 7,032 tonnes milled as part of the bulk sample represents the planned area of the bulk sample. Additional lower grade material outside of the planned area of the bulk sample was stockpiled on surface.Successfully tested an area within the December 15, 2020 Mineral Resource Estimate and confirmed the continuity of the high-grade gold mineralization within the A and A1 Zones.The bulk sample recovered 6% more gold than the MRE with a feed grade of 15.7 g/t versus model grade of 14.7 g/t.Geotechnical conditions were sound overall and allowed the Company to assess and optimize development protocols.Total gold produced was 3,479 ozs with gold recovery in the Kiena mill of 98.2%.To date, gold sales of 1,500 ounces of gold in Q4 2020 and 1,793 ounces in Q1 2021 have been sold, with the remaining to be sold in Q2. December 15, 2020 - Block Model *Mill Feed ** Tonnes (t)Grade (g/t Au)Au OuncesTonnes (t)Grade (g/t Au)Au Ounces7,03214.73,3277,03215.73,543Block Model Capped Notes on reconciliation table - December 15, 2020 – Block Model refers to the Company's technical report, titled “Update of the Mineral Resource Estimate for the Kiena Mine Complex Project, Val-d’Or, Québec, Canada.” Mill Feed contained ounces and head grade calculated based on gold produced from the Kiena Mill, including mill tails which graded 0.28 g/tA total of 7,032 tonnes were subsequently processed at Kiena mill. Reconciliation was completed on milled tonnes only.The total tonnes surveyed is the base line to do the analysis towards the Resource Block Model (BM). Tonnes of the BM corresponded to the same elevation and equivalent lateral limits.When the calibration of tonnes was completed, in situ ounces, were redistributed to the areas that have been mined. The percentage of recovery from Mill was considered during the process.The grade of the muck samples allowed for the redistribution of the ounces on a pro rata basis, by zone sent to the Mill. Mr. Duncan Middlemiss, President and CEO commented, “We are very pleased with the results of the bulk sample that confirmed the continuity of the high-grade gold mineralization of the A Zone, but more importantly demonstrated a 6% positive reconciliation in the number of ounces recovered from the bulk sample compared to the resource block model. This is very positive, and provides confidence in the resource estimate for future mining. We are also very encouraged with the recommissioning and performance of the Kiena mill with gold recovery in excess of 98%. This certainly confirms the readiness of the mill for future production. As well, we are in the final stage of completing the pre-feasibility study and intend to publish the results this quarter. In addition, we are continuing our aggressive exploration drilling program to further expand the A and VC zones and to follow-up on our discovery of new zones of high-grade occurring within 50 m of the footwall of the A Zone. All of these intersections illustrate the untested potential of the entire gold system proximal to the Kiena mine infrastructure and the probability of adding high grade ounces per vertical meter. We are also currently ramping up a large surface exploration program, with the aim of unlocking additional value on the Kiena property further to the west and east of the Kiena mine initially, and later, over the entire property.” Kiena Deep A Zone Bulk Sample The bulk sample consisted of 3.7 m x 4.0 m lateral development on the 111 Level along the A Zone and A1 Zone (Figure 1 and 2). A total of approximately 66 drift rounds were blasted, which allowed for thorough geotechnical assessment and geological mapping, photographing and sampling from the faces of each development round. Chip and muck sampling was completed systematically to determine average grade for each round. A total of 984 muck and 238 chip samples were collected in addition to quality control samples. During the development of this portion of the A Zone, visible gold was observed on about 75% of the faces (Figure 4). The initial development has confirmed the continuity of the A Zones high grade gold mineralization along strike. Visible gold is associated with folded quartz veins which are located within an overall zone of strong amphibole alteration within a sheared corridor. The amphibolite is located at the contact between basalt/feldspar porphyry dyke and ultramafic rocks. Detailed muck and chip samples (uncapped) presented in Figure 3, shows the grade and geological continuity. Reconciliation with capped muck samples (165 g/t Au) was 8% above mill feed. Processing of the Bulk Sample The Kiena mill was restarted to process the Kiena Deep bulk sample. The development material came from two zones, namely the A and A1 Zones. The milled tonnage was measured using a conveyor scale. Daily throughput reached up to 41 tonnes per hour (“tph”) with no issues during the extraction of the bulk sample. The grade and recovery values provided by the mill were determined using multiple sampling points, per cent solids measurements, tailing grade sampling, laboratory analysis and refined ounces (during the milling) and the ounces recovered during the cleaning of the SAG and ball mills after milling was completed. All calculations and sampling methods have been validated using an independent mineral processing consultant. The material recovered during the cleaning of the balls mills was sent to a third-party refiner, Sipi Metals Corp (precious metal refinery based in Chicago, USA) and was included in the overall bulk sample reconciliation. TECHNICAL DISCLOSURE The technical and geoscientific content of this release has been compiled, reviewed and approved by Bruno Turcotte, P.Geo., (OGQ #453) Senior Project Geologist and Audrey Lapointe, Geo. (OGQ #975), Production Chief Geologist, of the Company and a "Qualified Person" as defined in National Instrument 43-101 -Standards of Disclosure for Mineral Projects. QUALITY CONTROL AND REPORTING PROTOCOLS Analytical work was performed by ALS Minerals of Val-d’Or (Quebec), a certified commercial laboratory (Accredited Lab #689). Sample preparation was done at ALS Minerals in Val d'Or (Quebec). Assaying was done by fire assay methods with an atomic absorption finish. Any sample assaying >100 g/t Au was rerun by metallic sieve method. In addition to laboratory internal duplicates, standards and blanks, the geology department inserts blind duplicates, standards and blanks into the sample stream to monitor quality control for chip and muck samples. COVID-19 The health and safety of our employees, contractors, vendors, and consultants is the Company’s top priority. In response to the COVID-19 outbreak, Wesdome has adopted all public health guidelines regarding safety measures and protocols at all of its mine operations and corporate offices. In addition, our internal COVID-19 Taskforce continues to monitor developments and implement policies and programs intended to protect those who are engaged in business with the Company. Through care and planning, to date the Company has successfully maintained operations at the Eagle River Complex, however there can be no assurance that this will continue despite our best efforts. Future conditions may warrant reduced or suspended production activities which could negatively impact our ability to maintain projected timelines and objectives. Consequently, the Company’s actual future production and production guidance is subject to higher levels of risk than usual. We are continuing to closely monitor the situation and will provide updates as they become available. ABOUT WESDOMEWesdome Gold Mines has had over 30 years of continuous gold mining operations in Canada. The Company is 100% Canadian focused with a pipeline of projects in various stages of development. The Company’s strategy is to build Canada’s next intermediate gold producer, producing 200,000+ ounces from two mines in Ontario and Quebec. The Eagle River Complex in Wawa, Ontario is currently producing gold from two mines, the Eagle River Underground Mine and the Mishi Open pit, from a central mill. Wesdome is actively exploring its brownfields asset, the Kiena Complex in Val d’Or, Quebec. The Kiena Complex is a fully permitted former mine with a 930-metre shaft and 2,000 tonne-per-day mill. The Company has further upside at its Moss Lake gold deposit, located 100 kilometres west of Thunder Bay, Ontario. The Company has approximately 139.4 million shares issued and outstanding and trades on the Toronto Stock Exchange under the symbol “WDO”. For further information, please contact: Duncan MiddlemissorLindsay Carpenter DunlopPresident and CEO VP Investor Relations416-360-3743 ext. 2029 416-360-3743 ext. firstname.lastname@example.org email@example.com 220 Bay St, Suite 1200 Toronto, ON, M5J 2W4 Toll Free: 1-866-4-WDO-TSX Phone: 416-360-3743, Fax: 416-360-7620 Website: www.wesdome.com This news release contains “forward-looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management’s estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Company has included in this news release certain non-IFRS performance measures, including, but not limited to, mine operating profit, mining and processing costs and cash costs. Cash costs per ounce reflect actual mine operating costs incurred during the fiscal period divided by the number of ounces produced. These measures are not defined under IFRS and therefore should not be considered in isolation or as an alternative to or more meaningful than, net income (loss) or cash flow from operating activities as determined in accordance with IFRS as an indicator of our financial performance or liquidity. The Company believes that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate the Company's performance and ability to generate cash flow. Figures accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/e47cee2b-ba5a-482e-a497-535acd3bb024 https://www.globenewswire.com/NewsRoom/AttachmentNg/c877c3c4-369e-4a34-8542-0677fa9d91f1 https://www.globenewswire.com/NewsRoom/AttachmentNg/35c47c7c-762b-4e2b-8a41-5caa676d272c https://www.globenewswire.com/NewsRoom/AttachmentNg/dfe44e30-fdc7-4acb-a5d9-dfb7660575b1 PDF available: http://ml.globenewswire.com/Resource/Download/e5482677-65fb-4172-92a2-31e3c93f3f1a
Arcimoto Announces Move to Nasdaq Global Market
NEWMARKET, Ontario, April 12, 2021 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (TSX: BOS) (the “Company” or “AirBoss”) today announced details regarding its upcoming Annual General and Special Meeting of Shareholders (the “Meeting”), to be held on Thursday, May 13th, 2021, at 9:00 a.m. (EDT). The Company intends to issue its first quarter 2021 earnings results prior to the Meeting on May 12th, 2021. In an effort to safeguard the health of its shareholders and given the current provincial guidelines on public gatherings and social-distancing related to the COVID-19 pandemic, the Meeting will be accessible via live webcast or by dialing in to the numbers provided below. This approach will ensure the safety of the Company’s shareholders, directors, management and service partners, while supporting shareholder participation in the meeting. AGSM Webcast and Dial-in: Webcast Access: Log-in online at https://bit.ly/3ePS6HG (Microsoft Teams broadcast) We recommend that viewers log in at least 15 minutes before the Meeting starts. If watching the meeting online, it is important to remain connected to the internet at all times during the Meeting. It is each person’s responsibility to ensure connectivity for the duration of the Meeting. The live webcast will include a facility for shareholders to enter questions for management. Telephone Access: Dial-in number: 1-800-319-4610 or 1-416-915-3239 Access code: 55506 Callers should dial-in five to 10 minutes before the Meeting starts and ask to join the call. When prompted, the access code should be provided. How to Vote: The Company encourages shareholders to vote in advance of the Meeting using either the form of proxy or the voter instruction form mailed to them with the Meeting materials, and submitting them by no later than 9:00 am (EDT) on Tuesday, May 11, 2021. Please refer to the section entitled “Part I – Voting Information” in the management information circular for additional details on how to vote before the Meeting. These details are further to the information contained in the management information circular and notice of meeting dated April 8, 2021, sent to shareholders and filed on SEDAR at www.sedar.com. Annual Report: AirBoss’s 2020 Annual Report has been filed on SEDAR and is also available on the Company’s website here. About AirBoss AirBoss of America is a leading and diversified developer, manufacturer and provider of innovative survivability solutions, advanced custom rubber compounds and finished rubber products that are designed to outperform in the most challenging environments. Founded in 1989, the company operates through three divisions. AirBoss Defense Group is a global leader in personal and respiratory protective equipment and technology for the defense, healthcare, medical and first responder communities. AirBoss Rubber Solutions is a top-tier North American custom rubber compounder with 500 million turn pounds of annual capacity. AirBoss Engineered Products is a supplier of innovative anti-vibration solutions to the North American automotive market and other sectors. The Company’s shares trade on the TSX under the symbol BOS. Visit www.airboss.com for more information. Investor Contact: Chris Bitsakakis, President, Gren Schoch, Chairman and CEO at 905-751-1188 Media Contact: firstname.lastname@example.org AIRBOSS FORWARD LOOKING INFORMATION DISCLAIMER. Certain statements contained or incorporated by reference herein, including those that express management’s expectations or estimates of future developments or AirBoss’ future performance, constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws, and can generally be identified by words such as “will”, “may”, “could” “expects”, “believes”, “anticipates”, “forecasts”, “plans”, “intends” or similar expressions. These statements are not historical facts but instead represent management’s expectations, estimates and projections regarding future events and performance. Statements containing forward-looking information are necessarily based upon a number of opinions, estimates and assumptions that, while considered reasonable by management at the time the statements are made, are inherently subject to significant business, economic and competitive risks, uncertainties and contingencies. AirBoss cautions that such forward-looking information involves known and unknown contingencies, uncertainties and other risks that may cause AirBoss’ actual financial results, performance or achievements to be materially different from its estimated future results, performance or achievements expressed or implied by the forward-looking information. Numerous factors could cause actual results to differ materially from those in the forward-looking information, including without limitation: impact of general economic conditions notably including its impact on demand for rubber solutions and products; dependence on key customers; global defense budgets, notably in the Company’s target markets, and success of the Company in obtaining new or extended defense contracts; cyclical trends in the tire and automotive, construction, mining and retail industries; sufficient availability of raw materials at economical costs; weather conditions affecting raw materials, production and sales; AirBoss’ ability to maintain existing customers or develop new customers in light of increased competition; AirBoss’ ability to successfully integrate acquisitions of other businesses and/or companies or to realize on the anticipated benefits thereof; changes in accounting policies and methods, including uncertainties associated with critical accounting assumptions and estimates; changes in the value of the Canadian dollar relative to the US dollar; changes in tax laws and potential litigation; ability to obtain financing on acceptable terms; environmental damage and non-compliance with environmental laws and regulations; impact of global health situations; potential product liability and warranty claims and equipment malfunction. COVID-19 could also negatively impact the Company’s operations and financial results in future periods. There is increased uncertainty associated with future operating assumptions and expectations as compared to prior periods. As such, it is not possible to estimate the impacts COVID-19 will have on the Company’s financial position or results of operations in future periods. While the direct impacts of COVID-19 are not determinable at this time, the Company has a credit facility as at December 31, 2020 that can provide financing up to US$60,000,000. This list is not exhaustive of the factors that may affect any of AirBoss’ forward-looking information. All of the forward-looking information in this press release is expressly qualified by these cautionary statements. Investors are cautioned not to put undue reliance on forward-looking information. All subsequent written and oral forward-looking information attributable to AirBoss or persons acting on its behalf are expressly qualified in their entirety by this notice. Forward-looking information contained herein is made as of the date of this press release and, whether as a result of new information, future events or otherwise, AirBoss disclaims any intent or obligation to update publicly this forward-looking information except as required by applicable laws. Risks and uncertainties about AirBoss’ business are more fully discussed under the heading “Risk Factors” in our most recent Annual Information Form and are otherwise disclosed in our filings with securities regulatory authorities which are available on SEDAR at www.sedar.com.