Colorado

Hycroft Announces Leadership Transition

Thursday, July 2, 2020 - 1:30am

DENVER, July 1, 2020 /PRNewswire/ --Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company"), a gold and silver producer operating the Hycroft mine in the world-class mining region of Northern Nevada, today announced a leadership transition.

Key Points: 
  • DENVER, July 1, 2020 /PRNewswire/ --Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or the "Company"), a gold and silver producer operating the Hycroft mine in the world-class mining region of Northern Nevada, today announced a leadership transition.
  • We are very pleased that he has agreed to a two-year consulting arrangement under which he will provide transition assistance and continue to lend his expertise and experience through an ongoing consulting arrangement with the Company, to ensure a smooth transition and an efficient path forward."
  • Hycroft is a US-based, gold and silver producer operating the Hycroft mine located in the world-class mining region of Northern Nevada.
  • The Hycroft mine features one of the largest gold/silver deposits in the world with a low-capital, low-cost process and a 34-year mine life.

Scott’s Liquid Gold Announces New Credit Facility with UMB

Wednesday, July 1, 2020 - 10:50pm

Scotts Liquid Gold-Inc. (OTC: SLGD) today announced it has entered a new credit facility with UMB Bank in conjunction with the acquisition of the Biz and Dryel laundry brands.

Key Points: 
  • Scotts Liquid Gold-Inc. (OTC: SLGD) today announced it has entered a new credit facility with UMB Bank in conjunction with the acquisition of the Biz and Dryel laundry brands.
  • We are excited about our new relationship and facility with UMB, said Kevin A. Paprzycki, CFO and Director of Scotts Liquid Gold-Inc. UMB demonstrated the capacity and flexibility that Scotts needed, enabling us to close the Biz and Dryel acquisition during difficult financing markets.
  • Scotts new credit facility includes a $7 million asset based line of credit, along with a $3 million term loan, with current interest rates of 4.75% and 5.50%, respectively.
  • The UMB credit facility replaces our existing credit facility with JPMorgan Chase Bank, which was terminated in conjunction with the closing.

Delta-Montrose Electric Association Officially Flips the Switch with Guzman Energy Partnership

Wednesday, July 1, 2020 - 10:48pm

Delta-Montrose Electric Association (DMEA) announced today it has completed the transition with its new energy partner, Guzman Energy, a Denver-based wholesale power supplier.

Key Points: 
  • Delta-Montrose Electric Association (DMEA) announced today it has completed the transition with its new energy partner, Guzman Energy, a Denver-based wholesale power supplier.
  • Guzman Energy paid the $62.5 million exit fee to Tri-State Generation and Transmission to assume DMEAs power supply contract.
  • Delta-Montrose Electric Association is a member-owned and locally controlled rural electric cooperative, incorporated in 1938.
  • Guzman Energy is a full-service wholesale power provider focused on providing market-based solutions to address our customers energy challenges by delivering reliable, clean and affordable power.

Scott’s Liquid Gold Acquires Biz and Dryel Brands

Wednesday, July 1, 2020 - 10:44pm

Scotts Liquid Gold-Inc. (OTC: SLGD) today announced its acquisition of the Biz and Dryel specialty laundry products from CR Brands, Inc.

Key Points: 
  • Scotts Liquid Gold-Inc. (OTC: SLGD) today announced its acquisition of the Biz and Dryel specialty laundry products from CR Brands, Inc.
    We are thrilled to bring two more high-quality, high-value brands into the Scotts portfolio, said Mark Goldstein, CEO of Scotts Liquid Gold, Inc. Biz is the top performing laundry additive in the market, and Dryel is the market leader in the at-home dry cleaning category.
  • Both brands strong national retail presence, loyal customer following, and ability to out-perform the competition made them a perfect fit with the rest of Scotts brands.
  • On June 25, 2020, Scotts agreed to acquire both the Biz and Dryel brands for a base price of $9.25 million plus the brands finished goods inventory of approx.
  • It was Established by Proctor & Gamble in 1968 and is sold in Powder, Liquid, and Liquid Booster Pack for a total of 7 SKUs.

Maxar Technologies Appoints Gilman Louie to its Board of Directors

Wednesday, July 1, 2020 - 9:06pm

Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced the appointment of Gilman Louie to serve on the companys Board of Directors.

Key Points: 
  • Maxar Technologies (NYSE:MAXR) (TSX:MAXR), a trusted partner and innovator in Earth Intelligence and Space Infrastructure, today announced the appointment of Gilman Louie to serve on the companys Board of Directors.
  • Louie, 59, has been the Managing Partner of Alsop Louie Partners, an early stage venture capital fund, since 2006.
  • We are exceptionally pleased to welcome Gilman Louie to Maxars Board, said Maxar Chairman Gen. Howell Estes III.
  • Serving with Gilman on Vricons Board of Directors provided an opportunity to understand the depth of his expertise in many areas, said Maxar CEO Dan Jablonsky.

Maxar Technologies Completes Acquisition of Vricon, Inc.

Wednesday, July 1, 2020 - 9:05pm

The company was formed as a joint venture between Maxar and Saab in 2015 to combine patented Saab IP with Maxar commercial satellite imagery to build highly accurate, immersive 3D products at scale.

Key Points: 
  • The company was formed as a joint venture between Maxar and Saab in 2015 to combine patented Saab IP with Maxar commercial satellite imagery to build highly accurate, immersive 3D products at scale.
  • Maxar is a trusted partner and innovator in Earth Intelligence and Space Infrastructure.
  • Maxar trades on the New York Stock Exchange and Toronto Stock Exchange as MAXR.
  • The forward-looking statements contained in this release are expressly qualified in their entirety by the foregoing cautionary statements.

Joyce A. Phillips Appointed to Western Union Board of Directors

Wednesday, July 1, 2020 - 9:30pm

The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, today announced that Joyce A. Phillips has been appointed to the Companys Board of Directors, effective July 1, 2020.

Key Points: 
  • The Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, today announced that Joyce A. Phillips has been appointed to the Companys Board of Directors, effective July 1, 2020.
  • Ms. Phillips will also serve on the Compensation and Benefits, and Corporate Governance, ESG and Public Policy Committees of the Board.
  • Ms. Phillips brings a wealth of experience to the Board in the areas of global banking, financial services, insurance, innovation and marketing in her 30+ year career.
  • Ms. Phillips previous public board experience includes service on the Board of Directors of Reinsurance Group of America, Incorporated (NYSE: RGA) from 2014-2017.

Children's Hospital Colorado Releases Guidance to Help Schools, Including Those in Rural Communities, Safely Return to In-Person Learning

Wednesday, July 1, 2020 - 8:07pm

The guide , available for free on the Children's Colorado website, provides considerations and recommendations based on the most current COVID-19 medical guidelines.

Key Points: 
  • The guide , available for free on the Children's Colorado website, provides considerations and recommendations based on the most current COVID-19 medical guidelines.
  • In addition, Children's Colorado medical experts are now leading regular School Town Halls to provide real-time data, support and evidence-based pediatric-focused guidance on managing kids during the COVID-19 pandemic.
  • Children's Colorado has a robust School Health team that provides school nurses and health services in seven Colorado school districts, 34 charter schools, 16 private schools and 100 preschools and camps.
  • "Making decisions about how to safely return to in-person learning is incredibly challenging during this pandemic, in both urban and more rural districts across Colorado and the Rocky Mountain region," said Dr. Dominguez.

The Basketball Tournament (TBT) Names FanDuel as Official Daily Fantasy Partner

Wednesday, July 1, 2020 - 7:11pm

The Basketball Tournament (TBT) and FanDuel today announced a strategic partnership designating FanDuel as an Official Partner of TBT.

Key Points: 
  • The Basketball Tournament (TBT) and FanDuel today announced a strategic partnership designating FanDuel as an Official Partner of TBT.
  • Daily paid fantasy contests will mirror FanDuels NBA product, with a $100 salary cap to be spread across two guards, two forwards and two utility players.
  • The Basketball Tournament has grown in stature over the years, making this the right time to offer a fantasy basketball contest for the fans who will be watching the games on ESPN, said Mike Raffensperger, CMO of FanDuel Group.
  • Jon Mugar, founder and CEO of TBT, added: We are excited to partner with FanDuel for this years tournament.

Future of School Pledges Funding for Remote Learning through the Resilient Schools Project

Wednesday, July 1, 2020 - 7:00pm

The Digital Learning Collaborative, managed by the Evergreen Education Group, co-created the project in partnership with FoS, and is offering memberships to schools and districts across the U.S. and Canada.

Key Points: 
  • The Digital Learning Collaborative, managed by the Evergreen Education Group, co-created the project in partnership with FoS, and is offering memberships to schools and districts across the U.S. and Canada.
  • In addition to underwriting several schools and/or districts, Future of School will capture the experience in those learning environments in an effort to share best practices and outcomes from this pilot project.
  • However, schools need additional support in order to facilitate the best teaching and learning in the challenging current environment," said Amy Valentine, Chief Executive Officer & Education Evangelist at Future of School.
  • "Through the Resilient Schools Project, we want to give educators the knowledge and tools to implement technology-enabled teaching and learning with a planned and proven approach.