Top plays from Charlotte Hornets vs. Dallas Mavericks, 01/13/2021
Top plays from Charlotte Hornets vs. Dallas Mavericks, 01/13/2021
In a year that halted so much of everyday life, Washington Prime Group Inc. (NYSE: WPG) town centers across the country met 2020 with resilience, persistence and compassion for guests, communities and partners. The Company reimagined countless events and activations to continue to foster connections in a time of social distancing, launching numerous industry-leading initiatives designed to support small businesses and community organizations alike, all while abiding by strict local, state and federal mandates and restrictions.
Toronto, Ontario--(Newsfile Corp. - January 21, 2021) - BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) ("Belgravia" or the "Company") today announced that, as a result of open market dispositions made between July 21, 2020 and January 20, 2021 of 2,510,000 Common Shares (collectively, the "Transactions"), the Company no longer holds over 10% of the issued and outstanding shares of Blackrock Gold Corp. ("Blackrock Gold").Between July 21, 2020 and January 20, 2021, the Company disposed of ...
This knee pillow available on Amazon promises to instantly relieve back and leg tension — and it even comes with a free sleep mask and ear plugs.
FLAGSTAFF, Ariz. — On the first day of Joe Biden's presidency, Native Americans had reason to celebrate. Biden cancelled construction of the border wall that threatened to physically separate Indigenous people living on both sides. He also cancelled a permit for the Keystone XL oil pipeline that tribes fought in court for years, and he agreed to restore the boundaries of the first national monument created specifically at the request of tribes in southern Utah. Inaugural events showcased tribes across the country in traditional regalia, dancing and in prayer. But amid the revelry, some Native Americans saw a glitch in Wednesday's swearing-in ceremony. The only mention of Indigenous people came in the benediction delivered by the Rev. Silvester Beaman. And then there was the mishmash of songs sung by Jennifer Lopez that included lyrics from “This Land is your Land." The folk tune is popular around campfires and in grade schools, but it also called to mind the nation's long history of land disputes involving tribes. “Oh, I love J.Lo," said Kristen Herring, who is Lumbee and lives in Austin, Texas. “It wasn't super disappointing that she sang it. But I was like, ‘Oh, why did that have to be on the list of things to sing?’" Woody Guthrie, who wrote the song in the 1940s, meant it as a retort to “God Bless America” and a rebuke to monetizing land at a time of economic crisis, said Gustavus Stadler, an English professor and author of “Woodie Guthrie: An Intimate Life." Lopez put a twist on it, throwing in part of the Pledge of Allegiance in Spanish that translates to “justice for all.” The Guthrie song has been a symbol of equality, inclusion and unity. Lady Gaga sang a rendition of it at the Super Bowl months after Donald Trump took office. It was part of Barack Obama's inaugural programming, with a trio of singers, including Bruce Springsteen, adding back some of the original, more controversial verses. But arriving amid an effort by some tribes to be recognized as stewards of ancestral land, a movement known as Land Back, the lyrics hit the wrong note for some tribal members. “It's a nice little sentiment that America is this mixing pot,” said Benny Wayne Sully, who is Sicangu Lakota and lives in Los Angeles. “But does anybody believe this land was made for you and me? Or was it made for white folks? People forget this land was made of brown people before it was colonized." Rep. Deb Haaland, who is from Laguna Pueblo in New Mexico, acknowledged that perspective in a virtual welcoming to the inaugural events over the weekend. She's been nominated to lead the Interior Department, which oversees tribal affairs. If confirmed, she would be the first Native American in a Cabinet post. That's one of the reasons Cherie Tebo was able to look past the song that she said was inappropriate and emphasized how little some Americans know about Indigenous people. She sees an opportunity for tribes to have a seat at the table in Biden's administration, citing Haaland and Winnebago tribal member Ann Marie Bledsoe Downes, who has been named a deputy solicitor for the Interior Department. “In order to make it work, ‘this land is your land, this land is my land,' people (need) to understand it doesn’t belong to us,” said Tebo, who also is Winnebago. “If anything, we belong to it. And when our land is sick, we are sick." Felicia Fonseca, The Associated Press
Dynex Capital, Inc. (NYSE: DX) is scheduled to release its financial results for the fourth quarter and full-year ended December 31, 2020, on Thursday, February 4, 2021, before the market opens. In conjunction with this report, the Company will host a conference call and live audio webcast at 10:00 am ET to discuss its financial results and business outlook.
New Delhi [India], January 22 (ANI): In a major bust of the Myanmar-India gold smuggling network, the Delhi Zonal Unit of the Directorate of Revenue Intelligence (DRI) has seized 55.61 kg of foreign-origin gold valued at Rs 28 crores from eight persons at two locations -- Delhi and Lucknow, said the Ministry of Finance on Thursday.
Ant-Man and the Wasp: Quantumania is the next installment in the Marvel franchise also starring Paul Rudd, Evangeline Lilly and Michelle Pfeiffer
Cannot wait for this to come out! 🙌
Kentucky's attorney general has formed a task force to study the search warrant process nearly a year after the fatal shooting of Breonna Taylor by officers who used a narcotics warrant to enter her home. Attorney General Daniel Cameron said the Taylor shooting in March by Louisville police has put “significant attention” on the safe execution of search warrants in Kentucky. Cameron said Thursday that the task force fulfills his “promise to convene a task force to develop best practices for the effective and safe execution of search warrants.”
No Dogs Left Behind, a 501c3 saving the lives of dogs from Chinese Meat Markets will be welcoming their survivors home to JFK and LAX.
Congressman Steve Stivers (R.,Oh) says the next round of stimulus checks should go to people who get the coronavirus vaccine.
Fernanda Veladez's feature debut is a beautifully made heartbreaker that chronicles a mother's painful search for justice.
Fifteen years ago, Josh Hartnett was within reach of super fame, of living the kind of life where he could choose any role, any project with any A-lister he wanted. Then he turned it all down.
Global nuclear weapons ban begins – without the world's nuclear powers. Treaty signatories include Africa’s most populous country and Europe’s least populated, but Russia and Nato on the sidelines
With commercial real estate slumping, casino interests are lobbying the state to grant early approval for city-based casinos, The New York Times reports today. Why it matters: There are several potential properties for this kind of reuse, including one owned by the Vornado REIT (NYSE: VNO).
Reliant Bancorp, Inc. ("Reliant Bancorp" or the "Company") (Nasdaq: RBNC), parent company of Reliant Bank (the "Bank"), reported net income attributable to common shareholders of $12.2 million, or $0.73 per diluted common share, for the fourth quarter of 2020 compared to net income attributable to common shareholders of $11.5 million, or $0.69 per diluted common share, for the third quarter of 2020, and $4.1 million, or $0.37 per diluted common share, for the fourth quarter of 2019. Excluding the impact of prior period merger-related income and expenses, adjusted net income per diluted common share increased 4.3% from the third quarter of 2020 and 55.3% from the fourth quarter of 2019.
Logitech International (SIX: LOGN) (Nasdaq: LOGI) today announced that on January 21, 2021, it filed with the U.S. Securities and Exchange Commission (SEC) its Quarterly Report on Form 10-Q for the third quarter of Fiscal Year 2021. The filing will be available on the SEC's website and Logitech's website at http://ir.logitech.com.
SOUTHAMPTON, Pa., Jan. 21, 2021 (GLOBE NEWSWIRE) -- Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the thirteen week period ended May 29, 2020 (the “2021 first quarter”). Robert L. Laurent, Jr., ETC’s Chief Executive Officer and President stated, “Fiscal 2020 was a challenging year as future projects were delayed and that challenge was compounded in the 2021 first quarter due to COVID-19 global pandemic related lock downs, which delayed orders and our ability to deliver.” Fiscal 2021 First Quarter Results of Operations Net Loss Attributable to ETC Net loss attributable to ETC was $1.6 million, or $0.11 diluted loss per share, in the 2021 first quarter, compared to $0.5 million during the 2020 first quarter, equating to $0.04 diluted loss per share. The $1.1 million variance is due to the combined effect of a $2.0 million decrease in gross profit, offset, in part, by a $0.6 million decrease in operating expenses, a $0.2 million decrease in other expense, net, a $22 thousand decrease in interest expense, net, and a $28 thousand increase in loss attributable to non-controlling interest. Net Sales Net sales in the 2021 first quarter were $4.9 million, a decrease of $5.9 million, or 54.6%, compared to 2020 first quarter net sales of $10.8 million. The decrease reflects lower International sales, especially within Aeromedical Training Solutions, lower Domestic sales, especially within Simulation, lower overall Sterilizers sales, and lower monoplace chambers sales as a result of the asset sale on November 27, 2019, offset, in part, by an increase in U.S. Government sales within Aeromedical Training Solutions in conjunction with the U.S. Air Force’s final acceptance of the RAC Contract. Gross Profit Gross profit for the 2021 first quarter was $0.5 million compared to $2.5 million in the 2020 first quarter, a decrease of $2.0 million, or 79.0%. The decrease in gross profit was due to lower net sales not being able to support fixed overhead expenses. Lower net sales were generated due to the combination of a lower backlog entering fiscal 2021 compounded with the effects of the COVID-19 global pandemic, which not only impacted the Company’s ability to generate bookings, especially internationally, but also forced the closure of our corporate headquarters and main production plant for about one-third of the 2021 first quarter in accordance with Pennsylvania state mandates. Gross profit margin as a percentage of net sales decreased to 10.6% for the 2021 first quarter compared to 22.9% for the 2020 first quarter. Operating Expenses Operating expenses, including sales and marketing, general and administrative, and research and development, for the 2021 first quarter were $2.0 million, a decrease of $0.6 million, or 22.9%, compared to $2.6 million for the 2020 first quarter. The decrease in operating expenses was due primarily to lower selling and marketing expenses, which included a decrease in commission expense based on a lower concentration of International sales related to ATS products, a reduction in headcount, and a decrease in travel caused by the COVID-19 global pandemic. Other (Income) Expense, Net Other income, net for the 2021 first quarter was $17 thousand compared to other expense, net of $150 thousand for the 2020 first quarter, a variance of $0.2 million due primarily to lower letter of credit fees and realized exchange gains on foreign currency. Cash Flows from Operating, Investing, and Financing Activities During the 2021 first quarter, due primarily from the net loss incurred, the increase in contract assets, and the decrease in accounts payable, offset, in part by the decrease in accounts receivable, the Company used $2.6 million of cash for operating activities compared to $6.7 million during the 2020 first quarter. Under Accounting Standards Codification (“ASC”) 606, these accounts represent the timing differences of spending on production activities versus the billing and collecting of customer payments. Cash used for investing activities primarily relates to funds used for capital expenditures of equipment and software development. The Company’s investing activities used $14 thousand during the 2021 first quarter compared to $0.1 million during the 2020 first quarter. The Company’s financing activities provided $3.4 million of cash during the 2021 first quarter with proceeds from the Payroll Protection Program loan and borrowings under the Company’s credit facility compared to $5.6 million during the 2020 first quarter exclusively from borrowings under the Company’s credit facility. About ETC ETC was incorporated in 1969 in Pennsylvania. For over five decades, we have provided our customers with products, services, and support. Innovation, continuous technological improvement and enhancement, and product quality are core values that are critical to our success. We are a significant supplier and innovator in the following areas: (i) software driven products and services used to create and monitor the physiological effects of flight, including high performance jet tactical flight simulation, fixed and rotary wing upset prevention and recovery and spatial disorientation, and both suborbital and orbital commercial human spaceflight, collectively, Aircrew Training Systems (“ATS”); (ii) altitude (hypobaric) chambers; (iii) hyperbaric chambers for multiple persons (multiplace chambers); (iv) Advanced Disaster Management Simulators (“ADMS”); (v) steam and gas (ethylene oxide) sterilizers; (vi) environmental testing and simulation systems (“ETSS”); and (vii) hyperbaric (100% oxygen) chambers for one person (monoplace chambers). On November 27, 2019, the Company entered into an asset purchase agreement to sell substantially all of its rights, title, and interest in and to the assets related to monoplace chambers. We operate in two primary business segments, Aerospace Solutions (“Aerospace”) and Commercial/ Industrial Systems (“CIS”). Aerospace encompasses the design, manufacture, and sale of: (i) ATS products; (ii) altitude (hypobaric) chambers; (iii) hyperbaric chambers for multiple persons (multiplace chambers); and (iv) ADMS, as well as integrated logistics support (“ILS”) for customers who purchase these products or similar products manufactured by other parties. These products and services provide customers with an offering of comprehensive solutions for improved readiness and reduced operational costs. Sales of our Aerospace products are made principally to U.S. and foreign government agencies and to civil aviation organizations. CIS encompasses the design, manufacture, and sale of: (i) steam and gas (ethylene oxide) sterilizers; (ii) ETSS; and (iii) hyperbaric (100% oxygen) chambers for one person (monoplace chambers), as well as parts and service support for customers who purchase these products or similar products manufactured by other parties. Sales of our CIS products are made principally to the healthcare, pharmaceutical, and automotive industries. ETC-PZL Aerospace Industries Sp. z o.o. (“ETC-PZL”), our 95%-owned subsidiary in Warsaw, Poland, is currently our only operating subsidiary. ETC-PZL manufactures certain simulators and provides software to support products manufactured domestically within our Aerospace segment. The majority of our net sales are generated from long-term contracts with U.S. and foreign government agencies (including foreign military sales (“FMS”) contracted through the U.S. Government) for the research, design, development, manufacture, integration, and sustainment of ATS products, including altitude (hypobaric) and multiplace chambers (“Chambers”), and the simulators manufactured and sold through ETC-PZL, collectively, Aeromedical Training Solutions. The Company also enters into long-term contracts with domestic customers for the sale of sterilizers and ETSS. Net sales of ADMS and monoplace chambers are generally much shorter term in nature and vary between domestic and international customers. We generally provide our products and services under fixed-price contracts. ETC’s unique ability to offer complete systems, designed and produced to high technical standards, sets it apart from its competition. ETC is headquartered in Southampton, PA. For more information about ETC, visit http://www.etcusa.com/. Forward-looking Statements This news release contains forward-looking statements, which are based on management’s expectations and are subject to uncertainties and changes in circumstances. Words and expressions reflecting something other than historical fact are intended to identify forward-looking statements, and these statements may include words such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “future”, “predict”, “potential”, “intend”, or “continue”, and similar expressions. We base our forward-looking statements on our current expectations and projections about future events or future financial performance. Our forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about ETC and its subsidiaries that may cause actual results to be materially different from any future results implied by these forward-looking statements. We caution you not to place undue reliance on these forward-looking statements. Contact:Mark Prudenti, CFOPhone:(215) 355-9100 x1531E-mail:firstname.lastname@example.org - Financial Tables Follow - Table AENVIRONMENTAL TECTONICS CORPORATIONSUMMARY TABLE OF RESULTS(in thousands, except per share information) Thirteen weeks ended Fourteen weeks ended Variance 29-May-20 31-May-19 $ %Net sales$ 4,914 $ 10,816 $ (5,902) -54.6Cost of goods sold4,393 8,336 (3,943) -47.3Gross profit521 2,480 (1,959) -79.0 Gross profit margin %10.6% 22.9% -12.3% -53.7% Operating expenses1,993 2,586 (593) -22.9Operating loss(1,472) (106) (1,366) 1288.7 Operating margin %-30.0% -1.0% -29.0% 2900.0% Interest expense, net156 178 (22) -12.4Other (income) expense, net(17) 150 (167) Loss before income taxes(1,611) (434) (1,177) 271.2 Pre-tax margin %-32.8% -4.0% -28.8% 720.0% Income tax provision20 20 - 0.0Net loss(1,631) (454) (1,177) 259.3Loss (income) attributable to non-controlling interest2 (26) 28 Net loss attributable to ETC(1,629) (480) (1,149) 239.4Preferred Stock dividends(121) (130) 9 -6.9Loss attributable to common and participating shareholders$ (1,750) $ (610) $ (1,140) 186.9 Per share information: Basic earnings (loss) per common and participating share: Distributed earnings per share: Common$- $- $- Preferred$0.02 $0.02 - 0.0Undistributed loss per share: Common$(0.11) $(0.04) $(0.07) 175.0Preferred$(0.11) $(0.04) $(0.07) 175.0 Diluted loss per share$ (0.11) $ (0.04) $ (0.07) 175.0 Total basic weighted average common and participating shares15,569 15,569 Total diluted weighted average shares15,569 15,584 Table BENVIRONMENTAL TECTONICS CORPORATIONOTHER SELECTED FINANCIAL HIGHLIGHTS(amounts in thousands) Thirteenweeks ended29-May-20 Fourteenweeks ended31-May-19EBITDA *$(1,148) $39 As of 29-May-20 28-Feb-20Working capital$20,197 $17,979 Total shareholders’ equity$6,520 $8,023 * In addition to disclosing financial results that are determined in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”), we also disclose Earnings Before Income Taxes, Depreciation, and Amortization (“EBITDA”). The presentation of a non-U.S. GAAP financial measure such as EBITDA is intended to enhance the usefulness of financial information by providing a measure that management uses internally to evaluate our expenses and operating performance and factors into several of our financial covenant calculations. A reader may find this item important in evaluating our performance. Management compensates for the limitations of using non-U.S. GAAP financial measures by using them only to supplement our U.S. GAAP results to provide a more complete understanding of the factors and trends affecting our business.
TORONTO, Jan. 21, 2021 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is pleased to announce the successful completion of Yamana’s acquisition of the Wasamac property and the Camflo property and mill from Monarch Gold Corporation (“Monarch”) through its acquisition of all of the issued and outstanding shares of Monarch (the “Monarch Shares”) not owned by Yamana under the previously-announced plan of arrangement (the “Arrangement”). In connection with the Arrangement, Monarch completed a spin-out to its shareholders, through newly formed Monarch Mining Corporation (“Monarch Mining”), of its other mineral properties and certain other assets and liabilities. The addition of the Wasamac project to Yamana’s portfolio further solidifies the Company’s long-term growth profile with a top-tier gold project in Quebec’s Abitibi region, a prolific mining district where Yamana has deep operational and technical expertise and experience. Additional details about Wasamac and Yamana’s initial plans for the asset include: Wasamac is located 15 kilometres west of Rouyn-Noranda in the Abitibi region of Quebec adjacent to the Trans-Canada highway and Ontario Northland rail line, and 100 kilometres from the Company’s 50%-owned Canadian Malartic mine.The project consists of a single, continuous shear zone with a consistent grade distribution and wide mining widths, making it amenable to simple, productive, and cost efficient underground bulk mining methods.The geological characteristics of the Wasamac ore body suggest it holds the potential to be an underground mine with the potential to achieve the same scale, grade, production, and costs as Yamana’s successful Jacobina mine in Brazil, and it possesses many parallels to the underground project at Canadian Malartic.The project has existing proven and probable mineral reserves of 1.8 million ounces of gold at 2.56 grams per tonne.(1) (See mineral reserve and mineral resource statement at the end of this press release.) Mineral resources and proven and probable mineral reserves are supported by a Feasibility Study(1) previously completed by Monarch in 2018 (the “Wasamac Feasibility Study”), and Yamana completed independent geological modelling, mineral resources and mineral reserves validations, among other extensive work, as part of its due diligence reviews to ensure greater levels of accuracy. There remains excellent potential for significant future exploration success and mineral resource conversion, with the deposit remaining open at depth and along strike.The currently defined deposit is situated at shallow depths in comparison to other Abitibi mines. Current known mineralization reaches a depth of approximately 800 metres, which offers the opportunity for ramp access at low relative up-front development costs over a relatively short development time frame.Yamana plans to build on the ongoing permitting and social licensing effort carried out by Monarch, applying the Company’s strong ESG framework and best practices, and leveraging the Company’s extensive experience in permitting and proven track record of building strong, respectful, and mutually beneficial relationships with the communities and governments wherever it operates.The Company will target increasing the mineral inventory and perform optimizations to further enhance the project’s value, advance engineering, and de-risk execution, leveraging Yamana’s technical expertise and adhering to the Company’s disciplined capital approach.Building off the work completed to date, Yamana plans to commence an exploration and infill drilling campaign and other studies to refine and expand upon the potential of Wasamac and its development alternatives.The Company plans to open a regional office in the coming months to support community engagement. Completion of the Arrangement Under the terms of the Arrangement, each former holder of Monarch Shares received, in exchange for each Monarch Share held immediately prior to the effective time of the Arrangement: (i) 0.0376 of a Yamana Share; (ii) C$0.192 in cash from Yamana; and (iii) 0.2 of a share of Monarch Mining. In aggregate, Yamana issued 11,608,195 Yamana Shares (the “Consideration Shares”) and approximately C$59.3 million in cash under the Arrangement to former Monarch shareholders as consideration for their Monarch Shares. Upon closing of the Arrangement, existing Yamana shareholders and former Monarch shareholders own approximately 98.8% and 1.2% of the issued and outstanding Yamana Shares, respectively. Monarch shareholders also received shares of Monarch Mining under the Arrangement. Yamana now owns 4,450,000 common shares of Monarch Mining, or approximately 6.7% of the outstanding common shares of Monarch Mining, and is entitled to acquire an additional 2,225,000 common shares of Monarch Mining upon the exercise of previously held Monarch warrants, representing a partially-diluted share ownership in Monarch Mining of approximately 9.8%. Yamana looks forward to participating in the value created from Monarch’s remaining pipeline of development and exploration projects. As Monarch is now a wholly-owned subsidiary of the Company, the Monarch Shares are anticipated to be de-listed from the Toronto Stock Exchange (“TSX”) at the beginning of next week. Yamana will also apply to the applicable securities regulators to have Monarch cease to be a reporting issuer and terminate the entity’s public reporting obligations. This release is being made jointly with Monarch, as Monarch currently remains a reporting issuer. The Company also plans to apply to the Financial Conduct Authority (the “FCA”) and London Stock Exchange plc (the “LSE”) respectively for the Consideration Shares issued under the Arrangement to be admitted to the standard listing segment of the Official List of the FCA and to trading on the main market for listed securities of the LSE (together, “Admission”). It is expected that Admission will become effective at 8:00 a.m. on 27 January 2021. An additional 388,759 Yamana Shares have been reserved for issuance to former Monarch warrantholders on exercise of their warrants. Following the issuance of the Consideration Shares, the Company’s issued share capital now consists of 964,260,851 common shares and the total number of voting rights in the Company is 964,260,851. This figure may be used by Shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change in their interest in, the Company under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority. Further details regarding the Arrangement are set out in the management information circular of Monarch dated November 30, 2020, which is available on under Monarch’s profile on SEDAR at www.sedar.com. A copy of the early warning report of Yamana in connection with the acquisition of the Monarch Shares is available on SEDAR under Monarch’s SEDAR profile at www.sedar.com and can be obtained by contacting Yamana at the contact information below. Information for Former Monarch Shareholders Pursuant to the Arrangement, former Monarch shareholders are entitled to receive the above-noted cash and Share Consideration for each Monarch Share held prior to closing of the Arrangement. In order to receive such consideration in exchange for Monarch Shares, registered shareholders of Monarch must complete, sign, date and return the letter of transmittal that was mailed to each Monarch shareholder prior to closing. The letter of transmittal is also available under Monarch’s profile on SEDAR at www.sedar.com. For those shareholders of Monarch whose Monarch Shares are registered in the name of a broker, investment dealer, bank, trust company, trust or other intermediary or nominee, they should contact such nominee for assistance in depositing their Monarch Shares and should follow the instructions of such intermediary or nominee. For further details regarding the submission of the letters of transmittal, please refer to the Monarch management information circular dated November 30, 2020 available under Monarch’s profile on SEDAR at www.sedar.com, or questions may be directed to the depositary, Computershare Trust Company of Canada, at 1-800-564-6253 or via email at email@example.com. Mineral Reserve Statement, Wasamac deposit Proven Mineral ReservesProbable Mineral ReservesTotal Proven & Probable TonnesGradeContainedTonnesGradeContainedTonnesGradeContained (000’s)(g/t)oz. (000’s)(000’s)(g/t)oz. (000’s)(000’s)(g/t)oz. (000’s)Gold1,0282.668820,4272.561,67921,4552.561,767 Mineral Resource Statement, Wasamac deposit Measured Mineral ResourcesIndicated Mineral ResourcesTotal Measured & Indicated TonnesGradeContainedTonnesGradeContainedTonnesGradeContained (000’s)(g/t)oz. (000’s)(000’s)(g/t)oz. (000’s)(000’s)(g/t)oz. (000’s)Gold3,9902.5232325,8702.722,26529,8602.702,588 Inferred Mineral Resources TonnesGradeContained (000’s)(g/t)oz. (000’s)Gold4,1602.20294 To view all of the assumptions and the names of qualified persons who prepare the mineral reserve and mineral resource estimates, please refer to the Wasamac Feasibility Study available under Monarch’s profile on SEDAR at www.sedar.com. Qualified Persons Scientific and technical information contained in this news release has been reviewed and approved by Sébastien Bernier (P.Geo and Senior Director, Geology and Mineral Resources). Sébastien Bernier is an employee of Yamana Gold Inc. and a “Qualified Person” as defined by Canadian Securities Administrators’ National Instrument 43-101 - Standards of Disclosure for Mineral Projects. About YamanaYamana Gold Inc. is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. Yamana plans to continue to build on this base through expansion and optimization initiatives at existing operating mines, development of new mines, the advancement of its exploration properties and, at times, by targeting other consolidation opportunities with a primary focus in the Americas. FOR FURTHER INFORMATION PLEASE CONTACT:Investor Relations416-815-02201-888-809-0925Email: firstname.lastname@example.org FTI Consulting (UK Public Relations)Sara Powell / Ben Brewerton +44 203 727 1000Email: Yamana.email@example.com Credit Suisse (Joint UK Corporate Broker)Ben Lawrence / David Nangle Telephone: +44 (0) 20 7888 8888 Joh. Berenberg Gossler & Co. KG (Joint UK Corporate Broker)Matthew Armitt / Jennifer Wyllie / Detlir Elezi Telephone: +44 (0) 20 3207 7800 Peel Hunt LLP (Joint UK Corporate Broker)Ross Allister / David McKeown / Alexander AllenTelephone: +44 (0) 20 7418 8900 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release contains or incorporates by reference “forward-looking statements” and “forward-looking information” under applicable Canadian securities legislation and within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking information includes, but is not limited to, information with respect to the expected timing for the de-listing of the Monarch Shares from the TSX, and Monarch ceasing to be a reporting issuer and the Company’s initial plans for the Wasamac project. Forward-looking statements are characterized by words such as “plan”, “expect”, “budget”, “target”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the ability of the parties to receive, in a timely manner and on satisfactory terms, the necessary regulatory approval and other expectations and assumptions concerning the Arrangement changing; the Company’s plans related to the Wasamac project changing; as well as those risk factors discussed or referred to herein and in the Company’s Annual Information Form filed with the securities regulatory authorities in all provinces of Canada and available at www.sedar.com, and the Company’s Annual Report on Form 40-F filed with the United States Securities and Exchange Commission. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates, assumptions or opinions should change, except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking statements. 1. For full details please refer to Monarch’s Feasibility Study titled “Feasibility Study of the Wasamac Project, Rouyn-Noranda, Quebec, Canada” dated December 3, 2018, with an effective date of November 1, 2018, available under Monarch’s profile on SEDAR at www.sedar.com.
INVESTOR ALERT: Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of Bit Digital Inc. (BTBT) Investors