Granite

Granite Point Mortgage Trust Inc. Announces Fourth Quarter 2023 Common and Preferred Stock Dividends and Business Update

Retrieved on: 
Tuesday, December 19, 2023
REIT, Finance, Banking, Professional Services, Construction & Property, GPMT, Granite, Sale, Security (finance)

Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.20 per share of common stock for the fourth quarter of 2023.

Key Points: 
  • Granite Point Mortgage Trust Inc. (NYSE: GPMT) (“GPMT,” “Granite Point” or the “Company”) today announced that the Company’s Board of Directors declared a quarterly cash dividend of $0.20 per share of common stock for the fourth quarter of 2023.
  • This dividend is payable on January 16, 2024, to holders of record of common stock at the close of business on December 29, 2023.
  • The Company’s Board of Directors also declared a quarterly cash dividend of $0.4375 per share of the 7.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock for the fourth quarter of 2023.
  • This dividend is payable on January 16, 2024, to the holders of record of the Series A Preferred Stock at the close of business on December 29, 2023.

Granite REIT Declares Distribution for December 2023

Retrieved on: 
Monday, December 18, 2023
Construction & Property, REIT, Treasury regulations, Granite, TSX, Trustee, Toronto Stock Exchange, FICC, Real estate investing, CDN, Granite Real Estate

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of December 2023.

Key Points: 
  • Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.275 per stapled unit for the month of December 2023.
  • The distribution will be paid by Granite on Tuesday, January 16, 2024 to stapled unitholders of record at the close of trading on Friday, December 29, 2023.
  • Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.
  • A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of December 29, 2023, pursuant to United States Treasury Regulation Section 1.1446-4.

Wallbridge Discovers New Area of Gold Mineralization 15 kilometres East of Fenelon

Retrieved on: 
Monday, November 13, 2023
G7, G9, OTCQX, Gold, G3, Geology, G1, TSX, Vein, Mining, Uranium mining, Printed circuit board, Granite, Road, Timmins, G10, G8, G5, Exploration, Kirkland Lake, G2, G11, G6

TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced the discovery of a new area of gold mineralization at the Grasset East Flexure target area on its 100%-owned Grasset Gold property (“Grasset Gold”), located 15 kilometres east of the Company's flagship Fenelon Gold Project (“Fenelon”) (see Figs.

Key Points: 
  • TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX: WM, OTCQX: WLBMF) (“Wallbridge” or the “Company”) today announced the discovery of a new area of gold mineralization at the Grasset East Flexure target area on its 100%-owned Grasset Gold property (“Grasset Gold”), located 15 kilometres east of the Company's flagship Fenelon Gold Project (“Fenelon”) (see Figs.
  • “Our initial drill program on the grassroots Grasset Gold property is a good start in this new, unexplored area,” said Attila Péntek, Wallbridge’s Vice President, Exploration.
  • The Grasset East Flexure target area consists of a large conglomerate-wacke basin (Timiskaming-like) in contact with a thick sequence of mafic volcanic rocks.
  • Originally, the Company intended to complete approximately 5,000 metres of diamond drilling on 11 targets over an area of 4.5 kilometres by 3.5 kilometres (see Wallbridge release dated August 24, 2023).

The Granite Group Announces New Workplace Awards in New Hampshire and Maine

Retrieved on: 
Monday, November 13, 2023
Employment, Workforce, Learning, Granite, Hall, Heat, Growth, Business, Publication, Environment

Concord, NH, Nov. 13, 2023 (GLOBE NEWSWIRE) -- The Granite Group, a leading supplier of plumbing, heating, cooling, piping, water systems, and energy products in the Northeast, announced today it has garnered new workplace awards from publications in New Hampshire and Maine.

Key Points: 
  • Concord, NH, Nov. 13, 2023 (GLOBE NEWSWIRE) -- The Granite Group, a leading supplier of plumbing, heating, cooling, piping, water systems, and energy products in the Northeast, announced today it has garnered new workplace awards from publications in New Hampshire and Maine.
  • The Granite Group was named a 2023 Hall of Fame recipient in Business NH Magazine’s recent “Best Companies To Work For” issue.
  • The company was also named one of the “2023 Best Places to Work in Maine” by Mainebiz Magazine.
  • After this year’s survey was completed, The Granite Group finished in 8th place among the large company winners.

Granite Announces Acquisition of Lehman-Roberts Company and Memphis Stone & Gravel Company

Retrieved on: 
Tuesday, December 5, 2023
REIT, Building Systems, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, EBITDA, Acquisition, NYSE, Plant, LRC, GVA, MSG, Granite, GAAP, Hand, Growth, Sand

Granite Construction Incorporated (NYSE: GVA) today announced the acquisition of Lehman-Roberts Company (“LRC”) and Memphis Stone & Gravel Company (“MSG”), longstanding asphalt paving and asphalt and aggregates producers and suppliers.

Key Points: 
  • Granite Construction Incorporated (NYSE: GVA) today announced the acquisition of Lehman-Roberts Company (“LRC”) and Memphis Stone & Gravel Company (“MSG”), longstanding asphalt paving and asphalt and aggregates producers and suppliers.
  • This acquisition expands Granite’s footprint and creates a new growth platform for Granite in the attractive Memphis metropolitan market.
  • LRC operates seven strategically located asphalt plants serving the greater Memphis area and northern Mississippi.
  • "We are very excited to complete this acquisition of an outstanding materials-led business that expands our footprint in the Southeast.

Granite's Alaska Region Wins 2023 ConocoPhillips Excellence in Safety Award through the AGC of Alaska

Retrieved on: 
Thursday, November 30, 2023
Other Construction & Property, Residential Building & Real Estate, Construction & Property, Workforce, GVA, AGC, Construction, Associated, NYSE, Organization, Pharmaceutical industry, Health, Granite, Safety

Granite (NYSE:GVA) announces its achievement as the recipient of the ConocoPhillips Excellence in Safety Award by the Associated General Contractors (AGC) of Alaska.

Key Points: 
  • Granite (NYSE:GVA) announces its achievement as the recipient of the ConocoPhillips Excellence in Safety Award by the Associated General Contractors (AGC) of Alaska.
  • This accolade is awarded to organizations that exemplify and promote excellence in safety within the construction industry in Alaska.
  • The ConocoPhillips Excellence in Safety Awards are a testament to the dedication and commitment of companies that prioritize safety as a core value.
  • "This award not only validates our current safety initiatives but also motivates us to continuously strive for excellence in all aspects of our operations."

Granite REIT Declares Distribution for November 2023

Retrieved on: 
Friday, November 17, 2023
Commercial Building & Real Estate, Construction & Property, REIT, Real estate investing, FICC, Treasury regulations, Granite Real Estate, CDN, Toronto Stock Exchange, Trustee, TSX, Granite, Cryptocurrency, Security (finance)

Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2667 per stapled unit for the month of November 2023.

Key Points: 
  • Granite Real Estate Investment Trust (“Granite”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its board of trustees has declared a distribution of CDN $0.2667 per stapled unit for the month of November 2023.
  • The distribution will be paid by Granite on Friday, December 15, 2023 to stapled unitholders of record at the close of trading on Thursday, November 30, 2023.
  • Granite confirms that no portion of the distribution constitutes effectively connected income for U.S. federal tax purposes.
  • A qualified notice providing the breakdown of the sources of the distribution will be issued to the Depository Trust & Clearing Corporation subsequent to the record date of November 30, 2023, pursuant to United States Treasury Regulation Section 1.1446-4.

Granite Joint Venture Continues to Win Contracts for Major Bridge Rehabilitation Project in Sacramento

Retrieved on: 
Tuesday, November 14, 2023
Other Transport, Other Construction & Property, Transport, Construction & Property, Urban Planning, NYSE, GVA, CAP, California Department, State, Shoulder, ARB, Rehabilitation, Child, ARC, Construction, California Department of Transportation, Granite

Granite (NYSE:GVA) announced that the American River Constructors (ARC) joint venture team comprised of Granite and California Engineering Contractors has been awarded another contract by the California Department of Transportation (Caltrans) for the American River Bridge Rehabilitation Construction Manager/General Contractor (CM/GC) project in Sacramento, California.

Key Points: 
  • Granite (NYSE:GVA) announced that the American River Constructors (ARC) joint venture team comprised of Granite and California Engineering Contractors has been awarded another contract by the California Department of Transportation (Caltrans) for the American River Bridge Rehabilitation Construction Manager/General Contractor (CM/GC) project in Sacramento, California.
  • In addition, three child contracts totaling $70 million have been executed for access, clearing, steel piling and girder procurement, and bridge substructure construction.
  • The newest contract is a $131 million parent project contract to construct the superstructure for the replacement of the existing bridge deck in three stages.
  • The rehabilitation project will replace the bridge deck, protect the abutments and piers from scour, and provide a multimodal connection between downtown and eastern Sacramento.

Plutonic and Trident Mineral Resource & Ore Reserve Update

Retrieved on: 
Wednesday, December 6, 2023
Trident, JORC, Classification, Resource, CYL, MRE, Acquisition, Mineral, Mining, Hermes, Mineral Resources Limited, Gold, Mineral resource estimation, ASX, Plutonic Gold Mine, Person, Measurement, Perch, Environment, Oil, Uranium mining, Granite, Rare-earth element, Intrusive rock, Catalysis

The combination of the two is responsible for the improved operating performance of the mine

Key Points: 
  • The combination of the two is responsible for the improved operating performance of the mine
    PERTH, Australia, Dec. 6, 2023 /PRNewswire/ - Australian gold producer, Catalyst Metals Limited (Catalyst or the Company) (ASX: CYL) is pleased to provide an updated Mineral Resource & Ore Reserve statement for its Plutonic Gold Mine, and an updated Mineral Resource for the Trident deposit.
  • The Mineral Resource & Ore Reserve sit within the existing mining footprint and do not include virgin zones.
  • The previously reported NI 43-101 Ore Reserves and Mineral Resources for the Plutonic Operations included satellite deposits such as Plutonic East, Plutonic West, Hermes and Perch.
  • The previously reported Plutonic Main open pit Mineral Resources have now been incorporated into the Plutonic underground Mineral Resource inventory.

Capella Granted Killero West Exploration Permit and Provides Update for Maiden Drill Program at Killero East Copper-Gold Target, Northern Finland

Retrieved on: 
Tuesday, December 5, 2023
Society of Economic Geologists, Anomaly, Joint venture, Geology, FRA, Metallurgy, SEG, ASX, Anglo American plc, University, GTK, SE, Society, News, Mining, Rare-earth element, Granite, Capella, Outokumpu, Central Lapland Greenstone Belt

The Killero West permit complements the five exploration permits which were previously granted in May, 2023, including the Killero East permit where exceptional historical Base of Till ("BoT") copper-gold anomalies were generated by Anglo American plc (Figure 1; Company News Release dated May 30, 2023).

Key Points: 
  • The Killero West permit complements the five exploration permits which were previously granted in May, 2023, including the Killero East permit where exceptional historical Base of Till ("BoT") copper-gold anomalies were generated by Anglo American plc (Figure 1; Company News Release dated May 30, 2023).
  • Capella currently expects scout core drilling of the priority Killero East target to commence in late Q1, 2024; this drill program would represent the first ever drill testing of the historical BoT copper-gold anomalies.
  • Capella is also currently evaluating an initial diamond drill program on the Saattopora West target - the northwestern extension to Outokumpu Oy's former Saattopora gold-copper mining operation - during the northern 2024 summer.
  • Location of the newly-granted Killero West permit plus the five exploration permits granted in May, 2023 (Saattopora W, Keisunselka, Jolhikko, Katajavaara, and Killero East) in the Northern Finland Gold-Copper Project.