Public expenditure

Award of Petroleum Exploration Rights in Nareli Block

Saturday, October 16, 2021 - 5:35am

The Nareli Block geologically lies in the Central Indus Basin of Pakistan and falls in the hydrocarbon prospectivity Zone-II.

Key Points: 
  • The Nareli Block geologically lies in the Central Indus Basin of Pakistan and falls in the hydrocarbon prospectivity Zone-II.
  • The Nareli Block covers an area of approximately 2,414.95 square kilometres and is located in Harnai, Sibi and Loralai districts in the Balochistan Province of Pakistan.
  • Jura is an international energy company engaged in the exploration, development and production of petroleum and natural gas properties in Pakistan.
  • Specific forward-looking statements in this press release include information concerning the considerations of an exploration plan of the Nareli Block and the ability to exercise participation rights by Balochistan Energy Company Limited and Government Holdings (Private) Limited.

INNV ALERT: InnovAge Holding Corp. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Friday, October 15, 2021 - 8:36pm

If you wish to serve as lead plaintiff of the InnovAge class action lawsuit, please provide your information by clicking here .

Key Points: 
  • If you wish to serve as lead plaintiff of the InnovAge class action lawsuit, please provide your information by clicking here .
  • Lead plaintiff motions for the InnovAge class action lawsuit must be filed with the court no later than December 13, 2021.
  • A lead plaintiff acts on behalf of all other class members in directing the InnovAge class action lawsuit.
  • An investors ability to share in any potential future recovery of the InnovAge class action lawsuit is not dependent upon serving as lead plaintiff.

Buenaventura Announces Results for Third Quarter 2021 Production and Volume Sold per Metal

Friday, October 15, 2021 - 2:10pm

is Perus largest, publicly traded precious and base metals Company and a major holder of mining rights in Peru.

Key Points: 
  • is Perus largest, publicly traded precious and base metals Company and a major holder of mining rights in Peru.
  • Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Julcani*, Tambomayo*, El Brocal, La Zanja and Coimolache).
  • These forward-looking statements reflect the Companys view with respect to the Companys, Yanacochas and Cerro Verdes future financial performance.
  • Actual results could differ materially from those projected in the forward-looking statements as a result of a variety of factors discussed elsewhere in this Press Release.

QualTek Expands Suite of Services in their Wireline Segment with Acquisition of Urban Cable Technology

Friday, October 15, 2021 - 2:13pm

"We are pleased Urban Cable is joining our team at QualTek.

Key Points: 
  • "We are pleased Urban Cable is joining our team at QualTek.
  • Their vast experience and range of services make them an ideal partner for QualTek, "said Scott Hisey, CEO of QualTek.
  • "Urban Cable has long-term partnerships with some of the nation's top cable providers and a strong reputation in the industry for great performance.
  • The addition of Urban Cable greatly supports our organic growth strategy in the Northeast region."

Tinley’s Closes $1.865 Million Non-Brokered Private Placement; Richard Gillis Acquires 1 Million Units

Friday, October 15, 2021 - 1:00pm

Of the Units sold as part of the Offering, Richard Gillis, recently appointed to the role of President and Chief Operating Officer of Tinleys USA, subscribed for 1 million Units.

Key Points: 
  • Of the Units sold as part of the Offering, Richard Gillis, recently appointed to the role of President and Chief Operating Officer of Tinleys USA, subscribed for 1 million Units.
  • Prior to joining Tinley, Mr. Gillis served as President of Youngs Market Company which, under his leadership, generated US3$ billion annually in sales.
  • I made this investment to demonstrate my confidence in Tinleys growth trajectory, said Richard Gillis.
  • Mr. Stodart has returned to active advisory work for Tinleys with a focus on driving the Companys expansion in Canada.

CatchMark Exits Triple T Joint Venture

Friday, October 15, 2021 - 12:00pm

ATLANTA, Oct. 15, 2021 /PRNewswire/ --CatchMark Timber Trust, Inc. (NYSE: CTT) today announced that it reached a definitive agreement with its joint venture partners in TexMark Timber Treasury, L.P. (Triple T) on the redemption of its common equity interest in Triple T for $35 million in cash and closed the transaction upon signing.

Key Points: 
  • ATLANTA, Oct. 15, 2021 /PRNewswire/ --CatchMark Timber Trust, Inc. (NYSE: CTT) today announced that it reached a definitive agreement with its joint venture partners in TexMark Timber Treasury, L.P. (Triple T) on the redemption of its common equity interest in Triple T for $35 million in cash and closed the transaction upon signing.
  • CatchMark also entered into an agreement pursuant to which it will continue to provide certain asset management services to the joint venture through the first quarter of 2022 in exchange for an additional $5 million services fee, which was also paid to CatchMark at the time of closing.
  • CatchMark expects to pay a new annualized dividend rate of $0.30 per common share, beginning with the fourth quarter of 2021.
  • This adjustment reflects the loss of asset management fee revenue from the Triple T joint venture.

Enviva Partners, LP Announces Simplification Transaction and Corporate Conversion

Friday, October 15, 2021 - 11:00am

Enviva will host a conference call on Friday, October 15 at 9:00 am Eastern Time to discuss the Simplification Transaction and the Conversion.

Key Points: 
  • Enviva will host a conference call on Friday, October 15 at 9:00 am Eastern Time to discuss the Simplification Transaction and the Conversion.
  • In connection with the Simplification Transaction, Enviva acquired 100% of the ownership interests of Holdings and eliminated all outstanding IDRs in exchange for 16 million common units of EVA.
  • Enviva was not required to incur any significant drawings under its revolving credit facility or other indebtedness to complete the Simplification Transaction.
  • As part of the Simplification Transaction, Enviva acquired ~$4.4 billion of existing take-or-pay off-take contracts with investment grade-rated counterparties.

Superior Drilling Products, Inc. Announces Pricing of $2.0 Million Registered Direct Offering

Friday, October 15, 2021 - 2:16am

The gross proceeds to the Company from the registered direct offering are estimated to be approximately $2.0 million before deducting the placement agent's fees and other estimated offering expenses.

Key Points: 
  • The gross proceeds to the Company from the registered direct offering are estimated to be approximately $2.0 million before deducting the placement agent's fees and other estimated offering expenses.
  • The offering is expected to close on or about October 19, 2021, subject to the satisfaction of customary closing conditions.
  • EF Hutton, division of Benchmark Investments, LLC, is acting as exclusive placement agent for the offering.
  • Superior Drilling Products, Inc. is an innovative, cutting-edge drilling tool technology company providing cost saving solutions that drive production efficiencies for the oil and natural gas drilling industry.

Glatfelter Announces Pricing of 4.750% Senior Notes Offering

Thursday, October 14, 2021 - 10:28pm

CHARLOTTE, N.C., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (Glatfelter or the Company) (NYSE: GLT) announced today that it has priced its offering of $500 million in aggregate principal amount of 4.750% senior notes due 2029 (the Notes).

Key Points: 
  • CHARLOTTE, N.C., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Glatfelter Corporation (Glatfelter or the Company) (NYSE: GLT) announced today that it has priced its offering of $500 million in aggregate principal amount of 4.750% senior notes due 2029 (the Notes).
  • The offering of the Notes is expected to close on October 25, 2021, subject to certain closing conditions.
  • The Company is making the offering pursuant to certain exemptions from registration under the Securities Act of 1933, as amended (the Securities Act).
  • The initial purchasers of the Notes are offering the Notes only to qualified institutional buyers in reliance on Rule 144A under the Securities Act, or outside the United States to certain persons in reliance on Regulation S under the Securities Act.

Whitecap Resources Inc. Confirms Monthly Dividend for October of $0.0225 Per Share and Announces Third Quarter 2021 Results Conference Call / Webcast

Thursday, October 14, 2021 - 10:00pm

CALGARY, AB, Oct. 14, 2021 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn.

Key Points: 
  • CALGARY, AB, Oct. 14, 2021 /CNW/ - Whitecap Resources Inc. ("Whitecap") (TSX: WCP) confirms that a cash dividend of Cdn.
  • $0.0225 per common share in respect of October operations will be paid on November 15, 2021 to shareholders of record on October 31, 2021.
  • This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada).
  • Whitecap Resources Inc. is an oil-weighted growth company that pays a monthly cash dividend to its shareholders.