Golden Minerals Announces Positive Initial Results from its Rodeo Gold-Silver Mine Expansion Drilling, Including 14.7m @ 3.94 g/t Au

GOLDEN, Colo., June 10, 2021 (GLOBE NEWSWIRE) — Golden Minerals Company (NYSE American and TSX: AUMN) (“Golden Minerals”, “Golden” or “the Company”) is pleased to announce initial results from its ongoing expansion drill program at its Rodeo open pit gold mine in Durango State, Mexico.

The Company announced in March 2021 it was beginning a program encompassing approximately 2,000 meters of exploration drilling at selected near-surface targets located immediately adjacent to the current open pit, as well as additional near-site surface targets. The program is being conducted to outline possible extension of the life of the Rodeo mine well beyond the currently estimated life of around 2.5 years. To date the exploration program has drilled 606 meters through the first ten holes.

Highlights of the program’s initial results include the following:

RDO_021_009

  • 14.65m grading 3.94 g/t Au and 8.0 g/t Ag including
  • 9.30m grading 5.38 g/t Au and 9.8 g/t Ag;
  • 3.70m grading 7.02 g/t Au and 21.5 g/t Ag including
  • 0.90m grading 21.09 g/t Au and 50.4 g/t Ag

RDO_021_003

  • 13.75m grading 2.64 g/t Au and 10.5 g/t Ag including
  • 1.60m grading 9.17 g/t Au and 18.5 g/t Ag;
  • 6.35m grading 1.41 g/t Au and 36.4 g/t Ag including
  • 2.70m grading 1.94 g/t Au and 58.5 g/t Ag

RDO_021_010

  • 3.80m grading 2.69 g/t Au and 26.0 g/t Ag including
  • 2.35m grading 3.31 g/t Au and 32.2 g/t Ag

Warren Rehn, President and Chief Executive Officer of Golden Minerals, commented, “We are pleased with the first results of the near-pit exploration drilling program, as these intercepts indicate that we should be able to expand the currently modelled high-grade zone to the north. The intercept in hole 10 is a newly discovered zone that is open up and down dip and to the northwest. These encouraging results demonstrate that the current pit can likely be expanded with additional drilling which could lead to an increase in the life of mine.”

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c6d60e47-7231-41b7-b890-8e27b20f4980

Note: Historic drill holes are not shown in the location map. Prior drilling is at about a 25-meter spacing throughout the high-grade mineralized area.

The continuation of the exploration program will include additional near-pit targets, as well as other surface targets within a few hundred meters of the currently planned open pit, with the goal of finding additional high-grade mineralization to extend the life of mine.

Summary assay results are shown as follows:

Hole ID From To Interval Au (g/t) Ag (g/t)
ROD_021_001 26.40 27.00 0.60 1.09 6.9
ROD_021_002 10.30 11.35 1.05 2.33 1.3
ROD_021_002 22.55 24.40 1.85 1.09 4.6
ROD_021_003 13.75 27.50 13.75 2.64 10.5
including 15.70 17.30 1.60 9.17 18.5
including 16.35 16.85 0.50 12.20 21.2
including 22.65 25.60 2.95 1.10 16.5
ROD_021_003 40.45 46.80 6.35 1.41 36.4
including 40.45 43.15 2.70 1.94 58.5
ROD_021_003 61.70 62.25 0.55 1.20 150.0
ROD_021_004 13.05 14.15 1.10 1.28 2.6
ROD_021_004 21.00 23.35 2.35 1.53 7.5
ROD_021_004 27.75 30.50 2.75 1.89 19.1
ROD_021_004 32.40 33.90 1.50 0.99 10.1
ROD_021_004 44.55 45.35 0.80 5.26 128.0
ROD_021_005 No Significant Results
ROD_021_006 20.90 21.55 0.65 1.08 8.8
ROD_021_006 34.85 35.80 0.95 1.88 13.4
ROD_021_007 8.40 9.70 1.30 1.22 3.1
ROD_021_008 34.20 39.05 4.85 1.18 5.9
ROD_021_008 41.40 42.60 1.20 1.25 2.9
ROD_021_008 52.55 56.50 3.95 1.71 14.7
including 54.55 55.50 0.95 2.83 23.1
ROD_021_008 61.10 62.40 1.30 1.60 15.5
ROD_021_008 69.90 71.10 1.20 1.40 13.3
ROD_021_009 0.00 14.65 14.65 3.94 8.0
including 0.00 9.30 9.30 5.38 9.8
including 0.00 5.50 5.50 6.36 11.7
including 0.00 3.95 3.95 7.74 12.9
including 0.00 0.60 0.60 17.35 9.9
including 3.40 3.95 0.55 10.90 23.5
ROD_021_009 15.70 18.45 2.75 1.52 10.9
ROD_021_009 23.90 27.60 3.70 7.02 21.5
including 25.75 26.65 0.90 21.09 50.4
ROD_021_009 28.70 30.70 2.00 1.38 25.2
ROD_021_009 33.15 33.70 0.55 3.84 27.9
ROD_021_010 16.95 18.40 1.45 1.11 10.6
ROD_021_010 24.40 24.70 0.30 1.78 7.5
ROD_021_010 27.95 28.65 0.70 1.08 5.4
ROD_021_010 55.40 59.20 3.80 2.69 26.0
including 55.40 57.75 2.35 3.31 32.2

Note: Estimated true widths range from 70% to 90% of drilled widths depending on dip of the vein and inclination of the hole. Intervals and grades have been rounded to either one or two decimal places.


About Rodeo

Rodeo is a gold-silver open pit mine located in Durango State, Mexico. Production began in January 2021, with material being trucked to the Company’s oxide mill at the Velardeña Properties located around 115 kilometers away via road. Rodeo’s current expected life per the terms of an independently prepared, NI 43-101-compliant Preliminary Economic Assessment (April 2020) is 2.5 years.

Review by Qualified Person and Quality Control

The technical contents of this press release have been reviewed by Aaron Amoroso, a Qualified Person for the purposes of NI 43-101. Mr. Amoroso has over 13 years of mineral exploration and mining industry experience and is a Qualified Person member of the Mining and Metallurgical Society of America (QP Geology & Ore Reserves, 01548QP).

To ensure reliable sample results, Golden Minerals uses a quality assurance/quality control program that monitors the chain of custody of samples and includes the insertion of blanks, duplicates, and reference standards in each batch of samples. Core is photographed and sawn in half with one half retained in a secured facility for verification purposes. Sample preparation (crushing and pulverizing) is performed at an independent ISO 9001:2001 certified laboratory in Chihuahua or Zacatecas, Mexico. Prepared samples are direct shipped to an ISO 9001:2001 certified laboratory in Canada.

About Golden Minerals

Golden Minerals is a Delaware corporation based in Golden, Colorado. The Company is primarily focused on operations at its Rodeo property in Mexico, advancing its Velardeña property in Mexico and, through partner-funded exploration, its El Quevar silver property in Argentina, as well as acquiring and advancing mining properties in Mexico, Argentina, and Nevada.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, and applicable Canadian securities legislation, including statements regarding expectations surrounding the potential expansion of the currently-modelled high-grade zone and the possibility of extending the life of mine at Rodeo.   These statements are subject to risks and uncertainties, including the reasonability of the economic assumptions at the basis of the Rodeo Preliminary Economic Assessment and technical report and the other economic projections of the Rodeo mine; changes in interpretations of geological, geostatistical, metallurgical, mining or processing information; interpretations of the information resulting from exploration, analysis or mining and processing experience; fluctuations in exchange rates and changes in political conditions, tax, royalty, environmental or other laws in Mexico; fluctuations in silver or gold prices; and the timing duration and overall impact of the COVID-19 pandemic, including the potential future re-suspension of non-essential activities in Mexico, including mining. Golden Minerals assumes no obligation to update this information. Additional risks relating to Golden Minerals may be found in the periodic and current reports filed with the SEC by Golden Minerals, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2020.

For additional information please visit http://www.goldenminerals.com/ or contact:
Golden Minerals Company
Karen Winkler, Director of Investor Relations
(303) 839-5060
SOURCE: Golden Minerals Company

 



Lazard Reports May 2021 Assets Under Management

Lazard Reports May 2021 Assets Under Management

NEW YORK–(BUSINESS WIRE)–
Lazard Ltd (NYSE: LAZ) reported today that its preliminary assets under management (“AUM”) as of May 31, 2021 totaled approximately $278.6 billion. The month’s AUM included market appreciation of $3.4 billion, foreign exchange appreciation of $1.9 billion and net outflows of $1.1 billion.

LAZARD LTD

ASSETS UNDER MANAGEMENT (“AUM”)

(unaudited)

($ in millions)

 

 

 

As of:

 

May 31,

20211

April 30,

2021

Equity

 

$226,025

$222,715

Fixed Income

 

47,057

46,301

Other

 

5,470

5,340

Total AUM

 

$278,552

$274,356

(1) Preliminary – subject to adjustment

About Lazard

Lazard, one of the world’s preeminent financial advisory and asset management firms, operates from more than 40 cities across 25 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals. For more information, please visit www.lazard.com. Follow Lazard at @Lazard.

Cautionary Note Regarding Forward-Looking Statements:

This press release contains forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “may”, “might”, “will”, “should”, “could”, “would”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “target,” “goal”, or “continue”, and the negative of these terms and other comparable terminology. These forward-looking statements, which are subject to known and unknown risks, uncertainties and assumptions about us, may include projections of our future financial performance based on our growth strategies, business plans and initiatives and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied by these forward-looking statements.

These factors include, but are not limited to, those discussed in our Annual Report on Form 10-K under Item 1A “Risk Factors,” and also discussed from time to time in our reports on Forms 10-Q and 8-K, including the following:

  • A decline in general economic conditions or the global or regional financial markets;
  • A decline in our revenues, for example due to a decline in overall mergers and acquisitions (M&A) activity, our share of the M&A market or our assets under management (AUM);
  • Losses caused by financial or other problems experienced by third parties;
  • Losses due to unidentified or unanticipated risks;
  • A lack of liquidity, i.e., ready access to funds, for use in our businesses; and
  • Competitive pressure on our businesses and on our ability to retain and attract employees at current compensation levels.

Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, level of activity, performance or achievements. Neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. We are under no duty to update any of these forward-looking statements after the date of this release to conform our prior statements to actual results or revised expectations and we do not intend to do so.

Lazard Ltd is committed to providing timely and accurate information to the investing public, consistent with our legal and regulatory obligations. To that end, Lazard and its operating companies use their websites, Lazard’s Twitter account (twitter.com/Lazard) and other social media sites to convey information about their businesses, including the anticipated release of quarterly financial results, quarterly financial, statistical and business-related information, and the posting of updates of assets under management in various mutual funds, hedge funds and other investment products managed by Lazard Asset Management LLC and Lazard Frères Gestion SAS. Investors can link to Lazard and its operating company websites through www.lazard.com.

LAZ_CPE

Investor relations contact:

Alexandra Deignan +1 212 632 6886

[email protected]

Media relations contact:

Zoe Butt +44 20 7448 2802

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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Walker & Dunlop Grows Multifamily Team with Experienced Leader in Bethesda, Maryland

PR Newswire

BETHESDA, Md., June 10, 2021 /PRNewswire/ — Walker & Dunlop, Inc. announced today that it has hired Kelly Mitchell as Managing Director based out of the company’s headquarters in Bethesda, Maryland. With over ten years of industry experience Ms. Mitchell will drive outreach to the firm’s large, institutional clients, both foreign and domestic.

Walker & Dunlop Executive Vice President and Multifamily Finance Group Head, Don King, stated, “We are thrilled to welcome Kelly, who has extensive experience interfacing with institutional clients and structuring large volumes of complex loan originations. She has established long-standing relationships with multifamily borrowers throughout the industry and has unique experience that includes developing new lending products and training programs for origination teams. Her background fits perfectly with our focus on institutional borrowers, excellent client service, and talent development.”

“Walker & Dunlop’s leadership position in multifamily lending presented a compelling career opportunity, and I look forward to helping the firm increase its client coverage and grow its debt financing volume,” commented Ms. Mitchell. “The company is also a leader within the industry on issues of diversity. I’m excited to contribute to Walker & Dunlop’s existing initiatives over the next several years and to help guide their already-strong DE&I blueprint.”

Before joining Walker & Dunlop, Ms. Mitchell was a Senior Director of Multifamily Structured Transactions with Fannie Mae, where she grew annual production over 35% from 2019 to 2020 and realized a record volume of $11.6 billion in 2020. In this role, she also oversaw new production, developed large-scale training programs for junior originators, implemented product innovations, and was responsible for defining goals and direction for the structured transactions product line. Prior to this, Ms. Mitchell held additional positions within Fannie Mae, largely focused on relationship management and multifamily loan product development. Ms. Mitchell began her career with Deutsche Bank Berkshire Mortgage as an Origination Associate.

Walker & Dunlop is the top provider of capital to the U.S. multifamily market, originating $31 billion in transactions and financing over $24 billion of multifamily properties in 2020. Walker & Dunlop is also a top-ranked Agency lender and was named the #1 Fannie Mae DUS® Lender and #4 Freddie Mac Optigo® Lender in 2020.

About Walker & Dunlop

Walker & Dunlop (NYSE: WD) is the largest provider of capital to the multifamily industry in the United States and the fourth largest lender on all commercial real estate including industrial, office, retail, and hospitality. Walker & Dunlop enables real estate owners and operators to bring their visions of communities — where Americans live, work, shop and play — to life. The power of our people, premier brand, and industry-leading technology make us more insightful and valuable to our clients, providing an unmatched experience every step of the way. With over 1,000 employees across every major U.S. market, Walker & Dunlop has consistently been named one of Fortune’s Great Places to Work® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental, and economic change in our communities.

 

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SOURCE Walker & Dunlop, Inc.

United Advances Innovation Through Corporate Venture Capital Fund

United Airlines Ventures will invest in high-potential companies focused on sustainability, aerospace, and other innovative technologies

PR Newswire

CHICAGO, June 10, 2021 /PRNewswire/ — United Airlines launched a new, corporate venture fund today – United Airlines Ventures – that will allow the airline to continue investing in emerging companies that have the potential to influence the future of travel. The new fund will concentrate on sustainability concepts that will complement United’s goal of net zero emissions by 2050 – without relying on traditional carbon offsets – as well as revolutionary aerospace developments and innovative technologies that are expected to create value for customers and United’s operation.

“Younger companies today have learned from aviation’s rich history and are combining it with more advanced technology and creative thinking to develop new ideas that give us the ability to revolutionize how airlines operate and in turn, the experience customers have when they fly,”  said United CEO Scott Kirby. “With United Airlines Ventures, we’re signaling our confidence in these companies and propelling them forward with our expertise and financial support to demonstrate that our commitment to innovation will strengthen our company and improve our customers’ experience more quickly than anyone ever anticipated.”

With major agreements announced in just the last six months including agreements to invest in, collaborate with and purchase aircraft from Archer Aviation, United has proven its commitment to work with companies that are developing transformational technologies and services that are designed to revolutionize the customer experience and redefine how airlines operate.

Through United Airlines Ventures, United will continue to forge a new path by accelerating the growth of small- to medium-sized companies with strong potential.

United’s current Vice President of Corporate Development and Investor Relations, Michael Leskinen, will assume the role of President of United Airlines Ventures in addition to his current responsibilities.

“United has always been a pioneer within the industry and United Airlines Ventures will help us grow companies that are pushing the envelope to make air travel better for our customers, our employees and our planet,” said Leskinen. “We’re making more than a financial commitment to companies within this new portfolio; we’re lending our expertise so that new ideas can really take off.”

United continues to be a leader in the adoption of new sustainable aviation technologies and innovations. Last week, the company announced its agreement to purchase 15 of Boom Supersonic ‘Overture’ aircraft with an option for an additional 35 airliners. Once in service, Overture will not only re-introduce supersonic commercial flight, it is expected to be the first long-haul commercial aircraft to be net zero carbon from day one optimized to run on 100% sustainable aviation fuel (SAF).

For more information about United Airlines Ventures, please visit https://www.united.com/ventures.

About United

United’s shared purpose is “Connecting People. Uniting the World.” For more information, visit united.com, follow @United on Twitter and Instagram or connect on Facebook. The common stock of UAL is traded on the Nasdaq under the symbol “UAL.”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements in this release are forward-looking and thus reflect our current expectations and beliefs with respect to certain current and future events and anticipated financial and operating performance. Such forward-looking statements are and will be subject to many risks and uncertainties relating to our operations and business environment that may cause actual results to differ materially from any future results expressed or implied in such forward-looking statements. Words such as “expects,” “will,” “plans,” “anticipates,” “indicates,” “remains,” “believes,” “estimates,” “forecast,” “guidance,” “outlook,” “goals,” “targets” and similar expressions are intended to identify forward-looking statements. Additionally, forward-looking statements include statements that do not relate solely to historical facts, such as statements which identify uncertainties or trends, discuss the possible future effects of current known trends or uncertainties, or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed or assured. All forward-looking statements in this release are based upon information available to us on the date of this release. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, except as required by applicable law. Our actual results could differ materially from these forward-looking statements due to numerous factors including, without limitation, the risks and uncertainties set forth under Part I, Item 1A., “Risk Factors,” of our Annual Report on Form 10-K for the fiscal year ended December 31, 2020, as updated by our Quarterly Report on Form 10-Q for the quarter ended March 31, 2021, as well as other risks and uncertainties set forth from time to time in the reports we file with the U.S. Securities and Exchange Commission.

 

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SOURCE United Airlines

Immunic, Inc. to Participate in Industry and Investor Conferences in June

PR Newswire

NEW YORK, June 10, 2021 /PRNewswire/ — Immunic, Inc. (Nasdaq: IMUX), a clinical-stage biopharmaceutical company developing a pipeline of selective oral immunology therapies aimed at treating chronic inflammatory and autoimmune diseases, today announced participation in the following industry and investor conferences in June:

  • June 14-18: BIO Digital (formerly BIO International Convention). Members of the company’s business development team will host one-on-one partnering meetings during the conference. To schedule a meeting, please use the BIO Digital partnering portal at: www.bio.org/events/bio-digital/partnering.
  • June 16-17: JMP Securities Life Science Conference. Daniel Vitt, Ph.D., Chief Executive Officer and President of Immunic, will participate in a fireside chat on Thursday, June 17, at 11:30 am ET. A live audio webcast of the presentation will be available on the “Events and Presentations” section of Immunic’s website at: ir.imux.com/events-and-presentations. An archived replay will be available on the company’s website for a period of 90 days.

About Immunic, Inc.
Immunic, Inc. (Nasdaq: IMUX) is a clinical-stage biopharmaceutical company with a pipeline of selective oral immunology therapies aimed at treating chronic inflammatory and autoimmune diseases. The company is developing three small molecule products: its lead development program, IMU-838, a selective immune modulator that inhibits the intracellular metabolism of activated immune cells by blocking the enzyme DHODH and exhibits a host-based antiviral effect, is currently being developed as a treatment option for multiple sclerosis, ulcerative colitis, Crohn’s disease, and primary sclerosing cholangitis. IMU-935, a selective inverse agonist of the transcription factor RORγt, is targeted for development in psoriasis and Guillain-Barré syndrome. IMU-856, which targets the restoration of the intestinal barrier function, is targeted for development in diseases involving bowel barrier dysfunction. For further information, please visit: www.imux.com.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains “forward-looking statements” that involve substantial risks and uncertainties for purposes of the safe harbor provided by the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations, future financial position, future revenue, projected expenses, prospects, plans and objectives of management are forward-looking statements. Examples of such statements include, but are not limited to, statements relating to management’s participation in industry and investor conferences. Immunic may not actually achieve the plans, carry out the intentions or meet the expectations or projections disclosed in the forward-looking statements and you should not place undue reliance on these forward-looking statements. Such statements are based on management’s current expectations and involve risks and uncertainties. Actual results and performance could differ materially from those projected in the forward-looking statements as a result of many factors, including, without limitation, the COVID-19 pandemic, risks and uncertainties associated with the ability to project future cash utilization and reserves needed for contingent future liabilities and business operations, the availability of sufficient resources to meet business objectives and operational requirements, the fact that the results of earlier studies and trials may not be predictive of future clinical trial results, the protection and market exclusivity provided by Immunic’s intellectual property, risks related to the drug development and the regulatory approval process and the impact of competitive products and technological changes. A further list and descriptions of these risks, uncertainties and other factors can be found in the section captioned “Risk Factors,” in the company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, filed with the SEC on February 26, 2021, and in the company’s subsequent filings with the Securities and Exchange Commission. Copies of these filings are available online at www.sec.gov or ir.imux.com/sec-filings. Any forward-looking statement made in this release speaks only as of the date of this release. Immunic disclaims any intent or obligation to update these forward-looking statements to reflect events or circumstances that exist after the date on which they were made. Immunic expressly disclaims all liability in respect to actions taken or not taken based on any or all the contents of this press release.

Contact Information

Immunic, Inc.

Jessica Breu

Head of Investor Relations and Communications
+49 89 2080 477 09
[email protected]

US IR Contact
Rx Communications Group
Paula Schwartz
+1 917 322 2216
[email protected]

US Media Contact
KOGS Communication
Edna Kaplan
+1 781 639 1910
[email protected]

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SOURCE Immunic, Inc.

N-able Amplifies Partner Success Initiatives with Launch of MarketBuilder and Addition of Three Head Nerds

N-able Amplifies Partner Success Initiatives with Launch of MarketBuilder and Addition of Three Head Nerds

Expanded partner-first programs build on company commitment to provide resources and support that go beyond technology

DURHAM, N.C.–(BUSINESS WIRE)–N-able (formerly SolarWinds MSP), the purpose-built technology partner for managed services providers (MSPs), today announced the launch of MarketBuilder, a platform that provides MSPs with campaigns they can quickly and easily brand and use in their own sales and marketing programs. Additionally, it has added three new advocates to its Head Nerds team, deepening the real-world expertise available for MSP partners. These developments will help provide MSPs with the knowledge and support needed to help their business transform and thrive.

MarketBuilder provides N-able partners with a selection of ready-made, customizable marketing and sales campaigns they can use to promote their own offerings. Designed to help MSPs sell their services—no matter the level of marketing and sales expertise within the company—it comes preloaded with content created specifically for MSPs to help fortify their value proposition and grow their business. In the past six months, MarketBuilder users have sent out over 40,000 emails to help generate leads and close new deals, while publishing more than 1,000 social posts each month.

MarketBuilder resources also include:

  • A guide to speaking with customers and prospects
  • Sample social media posts
  • Complete email campaigns
  • Sales sheets
  • Microsites (landing pages)
  • PowerPoint® sales presentations

David Woodruff, president at Connectivity Systems, an N-able MSP partner: “N-able continues to prove to be the best-in-class partner. Using the MarketBuilder platform with its professional content and campaigns, we have seen double digit growth in our security and backup service offerings.”

“After talking with our MSP partners, many shared that they spend most of their time on running their business, leaving limited time to focus on growth. We immediately knew we could help them with their marketing activity, which is such a critical part of their business,” said Kevin Bury, chief customer officer, N-able. “MarketBuilder provides MSPs with the tools and resources they need to effectively market their business, helping them generate and close leads while providing a way to stay in touch with prospects and customers.”

The Head Nerds, who began their advisory efforts in early 2020, recently welcomed three new members to the team. They deliver training boot camps, educational resources, and consultative office hours to help MSPs understand and maximize the most important business growth opportunities. The newest members include:

  • Stefanie Hammond, Head Sales and Marketing Nerd: Stefanie has consulted and supported MSPs since 2004. In her role, she guides partners through customer conversations that help them take control of their sales process. She is committed to assisting MSPs with the modernization and delivery of training around their sales and marketing efforts.
  • Lewis Pope, Head Security Nerd: Lewis began his IT career as a freelance PC technician before spending six years growing a break/fix business into an MSP. Over the last three years, he has helped N-able partners make that same journey. As a Systems Security Certified Practitioner (SSCP), he’s also helped MSPs further mature their security practices—so they can meet the challenges of the ever- evolving cybersecurity landscape with confidence.
  • Jason Murphy, Head N-central Nerd: Jason has worked with a top 20 MSP as a sales engineer, system architect, and program manager. He’s also worked with N-able as a sales engineer. His previous vendor and MSP experience has made him an expert in the N-able N-central® solution. In his current role, he focuses on helping partners operate as efficiently as possible through automation and an optimized N-central experience.

“Our Head Nerds are deeply dedicated to our partners’ success, which is why we continue to expand the team to provide MSPs with a wider spectrum of knowledge and perspective to learn from to help their business be successful,” explained Mike Cullen, group vice president, partner enablement, N-able. “Our new advocates are now ready and available, delivering online training and valuable one-on-one consultations to advise our MSPs on how to grow their business. We’re really pleased to welcome Stefanie, Lewis, and Jason to the Head Nerds team.”

#SWIcorporate

About N-able

N-able (formerly SolarWinds MSP) empowers managed services providers (MSPs) to help small and medium enterprises navigate the digital evolution. With a flexible technology platform and powerful integrations, we make it easy for MSPs to monitor, manage, and protect their end customer systems, data, and networks. Our growing portfolio of security, automation, and backup and recovery solutions is built for IT services management professionals. N-able simplifies complex ecosystems and enables customers to solve their most pressing challenges. We provide extensive, proactive support—through enriching partner programs, hands-on training, and growth resources—to help MSPs deliver exceptional value and achieve success at scale. n-able.com

The N-ABLE, N-CENTRAL, and other N-able trademarks and logos are the exclusive property of N-able Solutions ULC and N-able Technologies Ltd. and may be common law marks, are registered, or are pending registration with the U.S. Patent and Trademark Office and with other countries. All other trademarks mentioned herein are used for identification purposes only and are trademarks (and may be registered trademarks) of their respective companies.

© 2021 N-able Solutions ULC and N-able Technologies Ltd. All rights reserved.

Karla Walls

[email protected]

KEYWORDS: North Carolina United States North America

INDUSTRY KEYWORDS: Marketing Communications Data Management Technology Software

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Stem, Inc. Enters into Agreement with Altus Power America, Inc. to Provide Smart Energy Storage to Massachusetts Solar Project

Stem, Inc. Enters into Agreement with Altus Power America, Inc. to Provide Smart Energy Storage to Massachusetts Solar Project

Athena Demand Response Solutions to Expand Stem’s Footprint in the Rapidly Growing Massachusetts Marketplace

MILLBRAE, Calif.–(BUSINESS WIRE)–
Stem, Inc. (“Stem” or the “Company”) (NYSE: STEM), a global leader in artificial intelligence (AI)-driven energy storage services, today announced that the Company has entered into an agreement to provide smart energy storage services to Altus Power America, Inc. (“Altus Power“), a market-leading clean electrification company that develops, owns, and operates renewable energy assets in Massachusetts and throughout the United States.

A certified partner in Stem’s Partner Program, Altus Power will leverage Stem’s smart energy services to manage its solar storage facility and to deliver clean energy flexibility in New Marlborough, Massachusetts. Altus Power expects this behind the meter (BTM), DC-coupled 2.9 megawatt (MW) solar system project with 2 megawatt-hours (MWh) of energy storage to become operational during the second quarter of 2021.

Stem’s Athena™ AI smart energy storage platform will enable Altus Power’s solar generation and energy storage system to provide automated demand response solutions featuring flexible delivery of clean energy during peak demand times, maximizing the economic and environmental benefits of its solar assets. Adding energy storage to the DC-coupled solar system will lessen the energy loss within the solar inverters.

Stem and Altus Power currently collaborate to support compliance with requirements for federal investment tax credits and the Solar Massachusetts Renewable Target (SMART) Program, a state initiative that promotes cost-effective solar development with customer-facing and grid service benefits.

Since announcing its first project in Massachusetts in 2017, Stem has deployed an aggregate of more than 180 MWh of storage capacity, or nearly 20% of all non-residential energy storage capacity for MA SMART via behind the meter and front of meter (FTM). According to Wood Mackenzie’s U.S. energy storage monitor 2020 report, Massachusetts was home to 30% of the 300 MWh of U.S. non-residential energy storage deployments in 2020, more than any state except California. Massachusetts is expected to deploy 21% more non-residential MWh in 2021 than it did in 2020.

John Carrington, Chief Executive Officer of Stem, commented, “Throughout Stem’s history, we have successfully managed thousands of grid dispatches and tens of thousands of market responses to support energy reliability for our partners and their customers. Our expertise in demand response and advanced technology with our Athena™ AI smart energy storage platform makes it easy for our partners like Altus Power to leverage our capabilities to deliver reliable and efficient energy to their customers while enhancing project returns. We are excited to expand our footprint in the rapidly growing Massachusetts marketplace and will continue to enable smart storage in other geographies as markets evolve in the US and abroad.”

Tony Savino, Co-Founder and Chief Construction Officer of Altus Power, added, “Partnering with a leading integrator like Stem allows us to provide our customers with energy storage systems in an adaptable and efficient manner. We look forward to a continued partnership with Stem, helping to enable further delivery of clean energy to our customers.”

About Stem, Inc.

Stem, Inc. provides solutions that address the challenges of today’s dynamic energy market. By combining advanced energy storage solutions with Athena™, a world-class AI-powered analytics platform, Stem enables customers and partners to optimize energy use by automatically switching between battery power, onsite generation and grid power. Stem’s solutions help enterprise customers benefit from a clean, adaptive energy infrastructure and achieve a wide variety of goals, including expense reduction, resilience, sustainability, environmental and corporate responsibility and innovation. Stem also offers full support for solar partners interested in adding storage to standalone, community or commercial solar projects – both behind and in front of the meter. For more information, visit www.stem.com.

About Altus Power America

Altus Power, based in Greenwich, Connecticut, is creating a clean electrification ecosystem, serving its commercial, public sector and community solar customers with locally sited solar generation, energy storage and EV-charging stations across the U.S. Since its founding in 2009, Altus has developed or acquired more than 200 distributed generation solar facilities totaling more than 270 megawatts from Vermont to Hawaii. Visit www.altuspower.com to learn more.

Cautionary Statement regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “believe,” “plan,” “estimate,” “intend,” “anticipate,” “should,” “could,” “will,” “see,” “likely,” and other similar words. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon assumptions and estimates that, while considered reasonable by us and our management, depend upon inherently uncertain factors that may cause actual results to differ materially from current expectations, including our ability to recognize the anticipated benefits of our recent business combination with Star Peak Energy Transition Corp. (“Star Peak”); our ability to grow and manage growth profitably; risks relating to the development and performance of our energy storage systems and software-enabled services; the possibility that our business, financial condition and results of operations may be adversely affected by other economic, business and competitive factors; and other risks and uncertainties set forth in the section entitled “Risk Factors” in the definitive proxy statement relating to the business combination filed by Star Peak on March 30, 2021 and other documents we file with the SEC in the future. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward looking statements will be achieved. We caution you that the foregoing list of factors is not exhaustive, and you should not place undue reliance on forward-looking statements, which speak only as of the date they are made. We do not undertake any duty to update these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Source: Stem, Inc.

Investor Contacts – Stem

Ted Durbin, Stem, Inc.

Marc Silverberg, ICR, Inc.

[email protected]

Media Contact – Stem

Cory Ziskind, ICR, Inc.

[email protected]

Media Contact – Altus

Lars Norell

[email protected]

KEYWORDS: California Massachusetts United States North America

INDUSTRY KEYWORDS: Energy Data Management Technology Software Utilities

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Ault Global Holdingsto Present at 16th Annual LD Micro Invitational

Ault Global Holdingsto Present at 16th Annual LD Micro Invitational

Company to Report on Progress with Electric Vehicle Initiatives, Global Defense Business Growth and Expansion of Fintech Lender

LAS VEGAS–(BUSINESS WIRE)–Ault Global Holdings, Inc. (NYSE American: DPW) a diversified holding company (the “Company”), reminds shareholders and investors that today the Company will present at the 16th Annual LD Micro Invitational, a three-day investor conference that has been held from Tuesday, June 8 through June 10, 2021.

Milton “Todd” Ault, III, the Company’s Executive Chairman, will be presenting today at 9:00 AM PDT on June 10, 2021 on behalf of the Company to a virtual audience. Mr. Ault looks forward to reviewing the achievements made by the Company and its subsidiaries this past year including Coolisys Technologies’ launch of its new electric vehicle chargers, new energy storage systems, the growth of Gresham Worldwide’s defense business, Ault Alliance’s progress with its cloud and enterprise data center initiatives and the Company’s financial position, which is the best in its history. Mr. Ault will also discuss the expansion of the Company’s fintech initiatives under its licensed California finance lender and the Company’s plans for the remainder of 2021 and beyond.

Registration to this virtual event is mandatory. To register, please use this link, LD Micro Invitational

For more information on Ault Global Holdings and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company’s public filings with the SEC and press releases available under the Investor Relations section at www.AultGlobal.com or available at www.sec.gov.

About Ault Global Holdings, Inc.

Ault Global Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, the Company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, automotive, telecommunications, medical/biopharma, and textiles. In addition, the Company extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Global Holdings’ headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.AultGlobal.com.

Forward-Looking Statements

This press release contains “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.AultGlobal.com.

[email protected] or 1-888-753-2235

 

KEYWORDS: Nevada United States North America

INDUSTRY KEYWORDS: Professional Services Other Energy Technology Other Technology Energy Finance

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Hecla to Participate at John Tumazos Very Independent Research Conference

Hecla to Participate at John Tumazos Very Independent Research Conference

COEUR D’ALENE, Idaho–(BUSINESS WIRE)–
Hecla Mining Company’s (NYSE:HL) President and CEO, Phillips S. Baker, Jr., will present at the John Tumazos Very Independent Research, LLC Conference on Tuesday, June 15, 2021, at 11:00 a.m. (ET). A webcast of the presentation will be available at https://attendee.gotowebinar.com/register/8849280110793077008. A PDF of the presentation will be available on the Company’s website at www.hecla-mining.com.

ABOUT HECLA

Founded in 1891, Hecla Mining Company (NYSE:HL) is the largest silver producer in the United States. In addition to operating mines in Alaska, Idaho and Quebec, Canada, the Company owns a number of exploration properties and pre-development projects in world-class silver and gold mining districts throughout North America.

Category: Press Release

Jeanne DuPont

Senior Communications Coordinator

800-HECLA91 (800-432-5291)

Investor Relations

Email: [email protected]

Website: www.hecla-mining.com

KEYWORDS: United States North America Idaho

INDUSTRY KEYWORDS: Mining/Minerals Natural Resources

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Capstead Mortgage Corporation Declares Second Quarter 2021 Common Dividend of $0.15 Per Share and Series E Preferred Dividend of $0.46875 Per Share and Announces May 31, 2021 Book Value of $6.57 Per Common Share

Capstead Mortgage Corporation Declares Second Quarter 2021 Common Dividend of $0.15 Per Share and Series E Preferred Dividend of $0.46875 Per Share and Announces May 31, 2021 Book Value of $6.57 Per Common Share

DALLAS–(BUSINESS WIRE)–
Capstead Mortgage Corporation (NYSE: CMO) (“Capstead” or “The Company”) announced today that its Board of Directors has declared a second quarter 2021 common dividend of $0.15 per common share. The dividend is payable on July 20, 2021 to common stockholders of record as of June 30, 2021.

Capstead’s Board of Directors also declared a second quarter 2021 dividend of $0.46875 per share on its 7.50% Series E Cumulative Redeemable Preferred Stock (NYSE: CMOPRE). This dividend is payable on July 15, 2021 to Series E preferred stockholders of record as of June 30, 2021.

Concurrently, Capstead announced its estimated May 31, 2021 book value of $6.57 per common share. This book value estimate is unaudited, and does not include current quarter earnings or common dividends. Book value fluctuates with market conditions, operating results and other factors, and is subject to normal quarterly reconciliations and other procedures. Therefore, this estimate may be materially different today. The Company undertakes no obligation to update or revise its estimate of book value.

About Capstead

Formed in 1985 and based in Dallas, Texas, Capstead is a self-managed real estate investment trust, or REIT, for federal income tax purposes. The Company earns income from investing in a leveraged portfolio of primarily residential adjustable-rate mortgage pass-through securities, referred to as ARM securities, issued and guaranteed by government-sponsored enterprises, either Fannie Mae or Freddie Mac, or by an agency of the federal government, Ginnie Mae.

Cautionary Statement Concerning Forward-looking Statements

This document contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words “believe,” “anticipate,” “expect,” “estimate,” “intend,” “will be,” “will likely continue,” “will likely result,” or words or phrases of similar meaning. Actual results could differ materially from those projected in these forward-looking statements due to a variety of factors, without limitation, fluctuations in interest rates, the availability of suitable qualifying investments, changes in mortgage prepayments, the availability and terms of financing, changes in market conditions as a result of federal corporate and individual tax law changes, changes in legislation or regulation affecting the mortgage and banking industries or Fannie Mae, Freddie Mac or Ginnie Mae securities, the availability of new investment capital, the liquidity of secondary markets and funding markets, our ability to maintain our qualification as a REIT for U.S. federal tax purposes, our ability to maintain our exemption from registration under the Investment Company Act of 1940, as amended, and other changes in general economic conditions. These and other applicable uncertainties, factors and risks are described more fully in the Company’s filings with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date the statement is made and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly, readers of this document are cautioned not to place undue reliance on any forward-looking statements included herein.

Lindsey Crabbe, Investor Relations

(214) 874-2339

KEYWORDS: Texas United States North America

INDUSTRY KEYWORDS: Construction & Property Professional Services REIT Finance

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