FS

KBRA Affirms Ratings for FS KKR Capital Corp.

Retrieved on: 
Friday, May 26, 2023

KBRA affirms the BBB issuer and senior unsecured debt ratings for FS KKR Capital Corp. (NYSE: FSK or “the company”).

Key Points: 
  • KBRA affirms the BBB issuer and senior unsecured debt ratings for FS KKR Capital Corp. (NYSE: FSK or “the company”).
  • The ratings and Stable Outlook are supported by FS KKR Capital Corp.'s ties to KKR & Co., which has $510 billion of AUM, including $197 billion dedicated to private credit lending, along with FSK's SEC exemptive relief to co-invest among affiliated companies of KKR credit.
  • The portfolio company weighted average EBITDA was $114.4 million at 1Q23, a substantial increase from $76.2 million one year prior.
  • The company is managed by FS/KKR Advisor, LLC, a partnership of FS Investments and KKR Credit that was formed in 2018.

Contango ORE Announces Completion of S-K 1300 Technical Report Summary for Its Manh Choh Project in Alaska

Retrieved on: 
Friday, May 26, 2023

Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it has completed the Technical Report Summary (“TRS”) on the Manh Choh Project (the “Project” or “Manh Choh”), located near Tok, Alaska, U.S.A.

Key Points: 
  • Contango ORE, Inc. (“CORE,” “Contango” or the “Company”) (NYSE American: CTGO) is pleased to announce that it has completed the Technical Report Summary (“TRS”) on the Manh Choh Project (the “Project” or “Manh Choh”), located near Tok, Alaska, U.S.A.
    Rick Van Nieuwenhuyse, the Company’s President and Chief Executive Officer said: “With the completion of the tolling agreement with the Fort Knox Mine, we were able to complete the TRS.
  • Contango also owns a 100% interest in approximately 167,000 acres of State of Alaska mining claims through Contango Mineral Alaska, LLC, its wholly owned subsidiary, which gives Contango the exclusive right to explore and develop minerals on these lands.
  • A copy of the S-K 1300 Feasibility Study for the Manh Choh project can be found on our website: https://www.contangoore.com/investors/overview .
  • The TRS was prepared in accordance with S-K 1300 and was filed on May 26, 2023 with the SEC through EDGAR on Form 8-K.

KKR Names Dan Pietrzak Global Head of Private Credit

Retrieved on: 
Friday, May 19, 2023

KKR, a leading global investment firm, today announced it has named Dan Pietrzak as Global Head of Private Credit.

Key Points: 
  • KKR, a leading global investment firm, today announced it has named Dan Pietrzak as Global Head of Private Credit.
  • Most recently, Mr. Pietrzak served as Co-Head of Private Credit with Matthieu Boulanger, who is leaving to pursue other opportunities.
  • “Dan has been instrumental in helping build our private credit business into what it is today.
  • KKR’s broader credit business manages over $200 billion of assets with a global team of approximately 190 investment professionals, including 110 dedicated to private credit.

Government reaches a tentative agreement with the Professional Association of Foreign Service Officers

Retrieved on: 
Tuesday, May 16, 2023

The Government of Canada is pleased to announce that it has signed a tentative collective agreement with the Professional Association of Foreign Service Officers for the Foreign Service (FS) group.

Key Points: 
  • The Government of Canada is pleased to announce that it has signed a tentative collective agreement with the Professional Association of Foreign Service Officers for the Foreign Service (FS) group.
  • "The Government of Canada has great respect for the work that our Foreign Service Officers perform for our country, both in Canada and abroad.
  • I am pleased that we have reached a fair, reasonable and competitive tentative agreement with the Professional Association of Foreign Services Officers (PAFSO).
  • Foreign Service Officers are employed primarily with the departments of Global Affairs Canada and Immigration, Refugees and Citizenship Canada.

Osisko Development Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, May 9, 2023

MONTREAL, May 09, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to report its financial and operating results for the three months ended March 31, 2023 ("Q1 2023").

Key Points: 
  • (All monetary references are expressed in Canadian dollars, unless otherwise indicated)
    MONTREAL, May 09, 2023 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") is pleased to report its financial and operating results for the three months ended March 31, 2023 ("Q1 2023").
  • A total of 2,334 m (7,657 ft.) were drilled in 25 holes during the quarter, with assay results for these holes currently pending.
  • On April 3, 2023, the Company disclosed assay results from 42 diamond drilling ("DD") holes from the 2022 underground exploration program at Trixie.
  • On May 4, 2023, the Company disclosed assay results from 8 DD holes from the 2022 underground exploration program at Trixie.

Orezone Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, May 9, 2023

VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) -- Orezone Gold Corporation (TSX: ORE, OTCQX: ORZCF) (“Orezone” or “Company”) reported its operational and financial results for the three months ended March 31, 2023. The consolidated financial statements and Management’s Discussion and Analysis are available at www.orezone.com and on the Company’s profile on SEDAR at www.sedar.com. The Company will host a conference call and webcast on May 10, 2023 commencing at 8:00am PDT to discuss the Company’s first quarter results. Additional details are provided at the end of this press release.

Key Points: 
  • Gold production in Q1-2023 was 41,301 oz, an increase of 86% from the 22,258 oz produced in Q4-2022.
  • Scheduled maintenance was conducted during the quarter with major mill shutdowns for mill re-line and scheduled change-outs of wear parts planned for in later quarters of the year.
  • Results of drilling undertaken in 2022 are expected to successfully convert Inferred resources of higher grade hard rock material into the Measured and Indicated categories.
  • Orezone will host a conference call and audio webcast to discuss first quarter 2023 results on Wednesday, May 10, 2023 at 8:00am PDT (11:00am EDT).

Discovery Reports Q1 2023 Financial Results and Update

Retrieved on: 
Monday, May 8, 2023

TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce its financial results for the first quarter (“Q1 2023”) ended March 31, 2023, and to provide a summary of key events for the quarter and subsequent to quarter-end.

Key Points: 
  • TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce its financial results for the first quarter (“Q1 2023”) ended March 31, 2023, and to provide a summary of key events for the quarter and subsequent to quarter-end.
  • Further details can be found in the news releases dated April 12, 2023, and April 19, 2023.
  • For further details on the drill results noted above refer to our news release dated March 22, 2023.
  • The following selected financial data is summarized from the Company’s consolidated financial statements and related notes thereto (the “Financial Statements”) for the quarter ended March 31, 2023, and the Management’s Discussion and Analysis (“MD&A”) for the quarter ended March 31, 2023.

Fashion Source, Original Design Fashion Week and PV Shenzhen Weave a Spell Again

Retrieved on: 
Sunday, May 7, 2023

SHENZHEN, China, May 7, 2023 /PRNewswire/ -- On 28 April, the 26th Shenzhen International Exhibition for Clothing Supply Chain (Fashion Source), the AW2023 Shenzhen Original Design Fashion Week, and the Première Vision Shenzhen SS24 (PV Shenzhen) have brought hustle and bustle to Shenzhen World Exhibition & Convention Center.

Key Points: 
  • SHENZHEN, China, May 7, 2023 /PRNewswire/ -- On 28 April, the 26th Shenzhen International Exhibition for Clothing Supply Chain (Fashion Source), the AW2023 Shenzhen Original Design Fashion Week, and the Première Vision Shenzhen SS24 (PV Shenzhen) have brought hustle and bustle to Shenzhen World Exhibition & Convention Center.
  • And in 2023, the Fashion Source, Shenzhen Original Design Fashion Week, and PV Shenzhen have been and will be the driving forces behind the industry.
  • Three key activities including PV Shenzhen Trend Area, PV Shenzhen Sustainable Focus Area, and PV Shenzhen Sustainable Fashion Talks presented the trending colors, textures, and sustainability of PV SS24.
  • The AW2023 Shenzhen Original Design Week centered around "Healing Energy", with 100 original design brands, nearly 13 fashion shows, and several industrial forums.

Dundee Precious Metals Continues Track Record of Strong Free Cash Flow Generation; Announces 2023 First Quarter Results

Retrieved on: 
Wednesday, May 3, 2023

A table comparing first quarter 2023 production, sales and cash cost measures by asset against 2023 guidance is located on page nine of this news release.

Key Points: 
  • A table comparing first quarter 2023 production, sales and cash cost measures by asset against 2023 guidance is located on page nine of this news release.
  • Chelopech, Bulgaria: Chelopech continued its track record of strong performance, producing 35,258 ounces of gold and 7.2 million pounds of copper in first quarter 2023.
  • Free cash flow: Free cash flow in first quarter 2023 of $65.0 million was $12.7 million higher than the corresponding period in 2022, due primarily to the same factors impacting earnings before income taxes.
  • In first quarter 2023, the Company returned a total of $15.9 million to shareholders, representing approximately 24% of its free cash flow generated in the quarter.

Unleashing Sustainable Greatness with "The Shift from Me to Team"

Retrieved on: 
Tuesday, May 2, 2023

ANN ARBOR, Mich, May 2, 2023 /PRNewswire-PRWeb/ -- The Shift from Me to Team emphasizes the importance of transitioning from an individual-centric mindset to an aligned, team-oriented approach. Using a combination of timeless principles, cutting-edge neuroscience, and a proven systems-based approach, Seyferth illustrates how leaders can establish cultures in which team members are motivated to excel and contribute to a shared vision of greatness—all with the goal of empowering teams with the tools to create sustainable Peak Performance.

Key Points: 
  • Drawing from more than four decades of expertise, Seyferth's book delivers a powerful blueprint for transforming organizational culture to achieve sustainable success.
  • ANN ARBOR, Mich, May 2, 2023 /PRNewswire-PRWeb/ -- The Shift from Me to Team emphasizes the importance of transitioning from an individual-centric mindset to an aligned, team-oriented approach.
  • Seyferth shares, ‒The Shift from Me to Team reflects human nature's intrinsic desire to be exceptional, not just good.
  • The Shift from Me to Team is available in paperback ($18.99), eBook ($12.99), and audiobook ($14.95) formats at national retailers, including Amazon.com and BarnesAndNoble.com .