DENVER, Colo., October 10, 2019- (24/7MarketNews via COMTEX) Venture Market News for October 10, 2019.
Gran Colombia Gold’s Production Increases 7% to 174,754 Ounces in the First Nine Months of 2019 With Steady Performance in the Third Quarter; Cash Balance Improves to US$63 Million at the End of September
TORONTO, Oct. 10, 2019 (GLOBE NEWSWIRE) — Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it produced a total of 19,395 ounces of gold in September bringing the total for the third quarter of 2019 to 56,271 ounces compared with 57,163 ounces in the third quarter of 2018. For the first nine months of 2019, the Company produced a total of 174,754 ounces of gold, up 7% over the first nine months last year. This brings Gran Colombia’s trailing 12 months’ total gold production at the end of September 2019 to 230,014 ounces, up 6% over 2018’s annual production.
Great Bear Drills 125.00 m of 1.08 g/t Gold Between Bear-Rimini and Yuma Zones, and 15.02 g/t Gold Over 2.50 m, Within 26.00 m of 2.55 g/t Gold Between Yuma and Auro Zones; Prospective Geology Mapped Along 15 Kilometres; SGH Survey Finds New Targets
VANCOUVER, Oct. 10, 2019 /PRNewswire/ – Great Bear Resources Ltd. (the “Company” or “Great Bear”, TSX-V: GBR) today reported results from its ongoing 90,000 metre drill program at its 100% owned Dixie project in the Red Lake district of Ontario. Highlights of recent progress include:
Media Advisory – Air Canada to Present Third Quarter 2019 Results
MONTREAL, Oct. 10, 2019 /CNW Telbec/ – Calin Rovinescu, Air Canada President and Chief Executive Officer, Michael Rousseau, Deputy Chief Executive Office and Chief Financial Officer, and Lucie Guillemette, Executive Vice President and Chief Commercial Officer, will hold a conference call for analysts on Tuesday, October 29, 2019 to present third quarter results and be available for analysts’ questions. Following the analysts’ questions, Mr. Rousseau and Pierre Houle, Managing Director and Treasurer, will be available to answer questions from term loan B lenders and holders of Air Canada bonds.
MediPharm Labs Closes New $38.7 Million Upsized Credit Facility with a Top 5 Canadian Schedule 1 Bank to Support Growth
TORONTO, Oct. 10, 2019 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”) a global leader in specialized, research-driven cannabis extraction, distillation, purification and cannabinoid isolation, is pleased to announce its wholly-owned subsidiary, MediPharm Labs Inc. (“MediPharm”) has closed a credit agreement (the “Credit Facility”) with a top 5 Canadian Schedule 1 bank (the “Bank”) for an aggregate $38.7 million. The Credit Facility was upsized from the previously announced committed term sheet of $20.0 million, and is comprised of a revolving term facility, a non-revolving term facility and a non-revolving delayed draw term facility.
Corvus Gold Inc. Closes C$23 Million Bought Deal Financing
VANCOUVER, British Columbia, Oct. 10, 2019 (GLOBE NEWSWIRE) — Corvus Gold Inc. (“Corvus” or the “Company”) – (TSX: KOR, OTCQX: CORVF) is pleased to announce that it has closed its previously announced bought deal financing, including the exercise in full of the underwriters’ over-allotment option. A total of 11,500,000 common shares of Corvus were sold at a price of C$2.00 per share, for aggregate gross proceeds to the Company of C$23,000,000 (the “Offering”). No warrants were issued in relation to this financing. The Offering was arranged by the sole underwriter, BMO Capital Markets. AngloGold Ashanti (USA) Inc. participated in the Offering on a pro-rata basis to maintain ownership of 19.9 percent of the issued and outstanding shares of Corvus. Approximately 80% of the Offering went to European and US institutions.
The campervan of the future: concept vehicle VisionVenture by Hymer and BASF
WYANDOTTE, Min., Oct. 10, 2019 (GLOBE NEWSWIRE) — The VisionVenture, co-created by BASF and HYMER, is a near-production glimpse into the future of van life. Using the development expertise of the BASF Creation Center, a new class of van has been created that blazes a trail in lightweight construction, independence, travel experience and design. The vehicle celebrated its world premiere at the Caravan Salon in Düsseldorf, Germany, at the end of August.
50 New Stores to Launch Food Lion To-Go Pick Up Service on October 14th
Food Lion is continuing to increase the availability of its “Food Lion To-Go” grocery pick up service at 50 stores in Delaware, North Carolina, South Carolina, Virginia and West Virginia beginning October 14, 2019. For a list of stores launching that day, click here and for a full list of all “Food Lion To-Go” participating stores, click here.
Connect with 24/7 Market News on social media:
About 24/7 Market News
As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information. 24/7 MN provides comprehensive corporate communications resources and tools to engage the investment community.
24/7 Market News (24/7MN) is a third party publisher and news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7MN’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.
The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and based on publicly available information which is believed to be reliable. 24/7MN makes no representations as to the completeness, accuracy, or timeliness of the material provided and all materials are subject to change without notice. 24/7MN and/or its affiliates are not responsible for any gains or losses that result from the opinions expressed and are not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
For further information on 24/7 Market News, please go to www.247marketnews.com
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan,” or “planned,” “will,” or “should,” “expected,” “anticipates,” “draft,” “eventually,” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and 24/7MN undertakes no obligation to update such statements
24/7 Market News