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Dominion Water Reserves Grants Options

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

MONTREAL, March 08, 2021 (GLOBE NEWSWIRE) — Dominion Water Reserves Corp. (“DWR” or the “Company”) (CSE: DWR), is pleased to announce have exercised his option to acquire a 100% interest in the Sources Sainte-Cécile and Saint-Élie de Caxton Water Rights, through the acquisition (the “Proposed Acquisition”) of all the issued and outstanding shares of 3932095 Canada Inc. and Source Sainte-Cécile Inc. (the “Target Companies”) in consideration of the issuance of 4,720,000 common shares (each a “Share”) of the Corporation and have granted a total of 6,499,066 incentive stock options to directors, officers and consultants under the Company’s stock option plan (the “Plan”). The Options, subject to the terms of the Plan and the corresponding option agreement, are exercisable at a price of CAD $0.145 per share for a period of up to two years expiring on March 5, 2023.

ON BEHALF OF THE BOARD OF DIRECTORS

“Germain Turpin”

Germain Turpin
Chief Executive Officer

About Dominion Water Reserves Corp.

DWR’s operations are based in Quebec, with its primary business being a consolidator of the water industry by acquiring fresh spring water permits and developing operations across Quebec with plans to expand across North America. DWR currently controls more than 30% of Quebec’s volume of fresh groundwater reserves currently under permit and is strategically positioned to increase its holding. DWR’s mission is to acquire, manage and develop spring water assets building a critical mass in terms of capacity and strategically securing a leadership role in North America’s fresh spring water.  The corporation prioritizes sustainability and environmental consciousness.

For further information please contact

Jean Gosselin
Phone: 514-707-0223
Email: [email protected]

Neither the CSE nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to the expected proceeds of the Offering, the completion of the Offering including the timing thereof, and the intended use of proceeds. Forward-looking statements are necessarily based upon several estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, among others, the risk factors included in DWR’s final long form prospectus dated July 31, 2020, which is available under the issuer’s SEDAR profile at

www.sedar.com

. Material factors or assumptions were applied in providing forward-looking information. Many factors could cause the actual results, performance or achievements that may be expressed or implied by such forward-looking information to vary from those described herein should one or more of these risks or uncertainties materialize. Should any factor affect DWR in an unexpected manner, or should assumptions underlying the forward-looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, DWR does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release and DWR undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law.



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VitalHub Announces Licensing Deal with Harrogate and District NHS Foundation Trust

TORONTO, March 08, 2021 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) is pleased to announce a licensing transaction of recently acquired subsidiary Intouch with Health’s (“Intouch”) digital health platform with Harrogate and District NHS Foundation Trust (the “Trust” or “Harrogate and District”).

This deal comes as a result of the Trust having identified a need for a platform which would enable the digital transformation of its outpatient department with a centralized process to intelligently book and manage all clinic and meeting rooms efficiently, helping maximize the use of the Trust’s resources. The Trust, which is responsible for the care of the populations of Harrogate and District NHS Foundation Trust cares for the population in Harrogate and the local area as well as across North Yorkshire and Leeds, is deploying Intouch with Health’s Room and Resource Manager solution to optimize the utilization of the Trust’s clinical resources, improving communication among patients and providers.

Recent stresses on hospital services and resources require the Trust to improve the management of outpatient journeys for both patients and staff. Insofar as the sustainment of a high standard of patient care and patient experience remains of utmost concern, the Trust will implement VitalHub’s solutions to help deliver an enhanced experience for patients while alleviating strain on administrators and clinical staff.

Room and Resource Manager provides hospital staff with instant access to real-time data including room availability, the status of a meeting room and resource needs, enabling resources to be allocated and booked in an efficient manner. It also captures resource needs and allows relevant resources to be allocated and booked in a timely manner, maximizing the use of assets. These tools provide access to critical operational visibility information pertaining to scheduling and resource availability, necessary for health systems to optimize the efficiency of patient flow and the patient journey. The product enables health system staff to easily search the system for available rooms and suitable facilities and resources, comprising an essential component of the digital health infrastructure pertaining to scheduling.

“We chose Room and Resource Manager as it provides the Trust with all the functionality that we need,” said Issie Macniven, Matron for Outpatients at Harrogate and District NHS Foundation Trust. “We’re really looking forward to managing our clinic and meeting rooms from one central point, having access to instant and real time availability and capacity to maximise the use of our resources. We will also be able to forward plan and book adhoc clinics with the reassurance that the information is correct, with excellent communication lines between all parties involved.”

“With the growing strain on health systems in the UK and globally, there is a significant demand to digitally transforming the outpatient experience,” said Dan Matlow, CEO of VitalHub Corp. “It’s more important than ever to safely and effectively manage the patient journey through a health system and the long-standing shift towards digitization is an indication of that importance. Our continued growth and market penetration is evidence of the demand for digital transformation and operational efficiency; and we are happy to be able to meet this growing demand. We anticipate seeing a continuation in demand for these solutions as the market continues to mature in the post-pandemic era.”

ABOUT HARROGATE AND DISTRICT NHS FOUNDATION TRUST

Harrogate and District NHS Foundation Trust cares for the population in Harrogate and the local area as well as across North Yorkshire and Leeds. We also provide children’s services in the main body of the North East in County Durham, Darlington, Middlesbrough, Stockton-on-Tees, Gateshead and Sunderland. Harrogate and District NHS Foundation Trust employs more than 4,000 people, caring for a wide range of people providing essential hospital treatments as well as community health services.

ABOUT VITALHUB

Software for Health and Human Services providers designed to simplify the user experience & optimize outcomes.

VitalHub provides technology to Health and Human Services providers including; Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, Community and Social Services. VitalHub solutions span the categories of Electronic Health Record (EHR), Case Management, Care Coordination, Patient Flow & Operational Visibility, and DOCit Mobile Apps.

The Company has a robust two-pronged growth strategy, targeting organic growth opportunities within its product suite, and pursuing an aggressive M&A plan. Currently, VitalHub serves 275+ clients across Canada, USA, UK, Australia, Qatar, and Latvia. VitalHub is based in Toronto, Canada, with an offshore development hub in Sri Lanka. The Company is publicly traded on the TSX Venture Exchange under the symbol “VHI”.

CAUTIONARY STATEMENT

This press release includes forward-looking statements regarding the Corporation and its business, which may include, but is not limited to, statements with respect to the appointment of a new directors. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “is expected”, “expects”, “scheduled”, “intends”, “contemplates”, “anticipates”, “believes”, “proposes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such statements are based on the current expectations of the management of each entity and are based on assumptions and subject to risks and uncertainties. Although the management of each entity believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the companies, including risks regarding the technology industry, failure to obtain regulatory or shareholder approvals, market conditions, economic factors, the equity markets generally and risks associated with growth and competition. Although the Corporation 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 to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Corporation undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

CONTACT INFORMATION

Dan Matlow
Chief Executive Officer, Director
(416) 727-9061
[email protected] 



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Crocs, Inc. Announces Commencement of Offering of $300 Million Senior Notes

PR Newswire

BROOMFIELD, Colo., March 8, 2021 /PRNewswire/ — Crocs, Inc. (“Crocs”) (Nasdaq: CROX) today announced the commencement of a $300 million offering of senior notes due 2029 (the “Notes”) in a private offering, subject to market and other customary conditions.  The Notes will be guaranteed, jointly and severally, on an unsecured basis, by certain of Crocs’ wholly-owned restricted subsidiaries.

Crocs intends to use the net proceeds from the offering of the Notes to repay up to $180.0 million of outstanding borrowings under Crocs’ revolving credit facility and the remainder for general corporate purposes, which may include working capital, capital expenditures, stock repurchases and acquisitions.

The Notes and related guarantees are being offered for sale to persons reasonably believed to be qualified institutional buyers in an offering exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons outside the United States in compliance with Regulation S under the Securities Act. No assurance can be given that the offering of the Notes will be completed, or, if completed, as to the terms on which it is completed.

The Notes and related guarantees have not been, and will not be, registered under the Securities Act, or the securities laws of any state or other jurisdiction, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful.  This press release is being issued pursuant to, and in accordance with, Rule 135c under the Securities Act.

About Crocs, Inc.:

Crocs, Inc. (Nasdaq: CROX) is a world leader in innovative casual footwear for women, men, and children, combining comfort and style with a value that consumers know and love. The vast majority of shoes within Crocs’ collection contains Croslite™ material, a proprietary, molded footwear technology, delivering extraordinary comfort with each step. In 2021, Crocs declares that expressing yourself and being comfortable are not mutually exclusive.

Forward Looking Statements:

This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the proposed Notes offering. These statements involve known and unknown risks, uncertainties, and other factors, which may cause our actual results, performance, or achievements to be materially different from any future results, performances, or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, the following: the risks and uncertainties associated with market conditions and the satisfaction of customary closing conditions related to the proposed Notes offering; the COVID-19 pandemic and related government, private sector, and individual consumer responsive actions; current global financial conditions, including economic impacts resulting from the COVID-19 pandemic; the effect of competition in our industry; our ability to effectively manage our future growth or declines in revenues; changing consumer preferences; our ability to maintain and expand revenues and gross margin; our ability to accurately forecast consumer demand for our products; our ability to successfully implement our strategic plans; our ability to develop and sell new products; our ability to obtain and protect intellectual property rights; the effect of potential adverse currency exchange rate fluctuations and other international operating risks; and other factors described in the offering memorandum for the proposed offering and our most recent Annual Report on Form 10-K under the heading “Risk Factors” and our subsequent filings with the Securities and Exchange Commission (the “SEC”). Readers are encouraged to review that section and all other disclosures appearing in our filings with the SEC.

All information in this document speaks as of the date of this press release. We do not undertake any obligation to update publicly any forward-looking statements, whether as a result of the receipt of new information, future events, or otherwise, except as required by applicable law.

Category:Investors

Investor Contact:
Cori Lin, Crocs, Inc.
(303) 848-5053
[email protected]

Media Contact:
Melissa Layton, Crocs, Inc.
(303) 848-7885
[email protected]

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/crocs-inc-announces-commencement-of-offering-of-300-million-senior-notes-301242309.html

SOURCE Crocs, Inc.

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American Airlines Announces Proposed Offering of Senior Secured Notes and New Term Loan by American and Its AAdvantage Subsidiary

FORT WORTH, Texas, March 08, 2021 (GLOBE NEWSWIRE) — American Airlines Group Inc. (NASDAQ: AAL) (the “Company”) today announced that the Company’s subsidiary, American Airlines, Inc. (“American”), and AAdvantage Loyalty IP Ltd., a newly formed Cayman Islands exempted company incorporated with limited liability and an indirect wholly owned subsidiary of the Company and American, intend to commence a private offering to eligible purchasers of $2,500,000,000 senior secured notes due 2026 and $2,500,000,000 senior secured notes due 2029 (collectively, the “Notes”) and to enter into a $2,500,000,000 senior secured term loan credit facility (the “New AAdvantage Term Loan Facility”) concurrent with the closing of the offering of the Notes. American and AAdvantage Loyalty IP Ltd. will be co-issuers of the Notes and co-borrowers under the New AAdvantage Term Loan Facility. The Notes and the New AAdvantage Term Loan Facility will be guaranteed by the Company and certain of the Company’s subsidiaries. The offering of the Notes is not conditioned upon the closing of the New AAdvantage Term Loan Facility, and the closing of the New AAdvantage Term Loan Facility is not conditioned upon the closing of the offering of the Notes. The final terms and amounts of the Notes and the New AAdvantage Term Loan Facility are subject to market and other conditions and may be materially different than expectations.

The Notes and New AAdvantage Term Loan Facility will be secured on a pari passu senior basis by a first-priority security interest in American’s AAdvantage program, including American’s rights under certain related agreements, intellectual property and other collateral related to the AAdvantage program.

AAdvantage Loyalty IP Ltd. intends to lend the net proceeds from the offering of the Notes and the New AAdvantage Term Loan Facility to American, after depositing a portion of the proceeds in certain reserve accounts. American intends to use the proceeds from this intercompany loan from AAdvantage Loyalty IP Ltd. to repay all amounts outstanding under the term loan facility with the U.S. Department of the Treasury that is currently secured by collateral that will secure, in part, the Notes and the New AAdvantage Term Loan Facility and to use the remainder for general corporate purposes, which may include the repayment of other indebtedness.

The Notes will be offered and sold only to persons reasonably believed to be qualified institutional buyers, as defined in, and in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and to non-U.S. persons in offshore transactions outside the United States in reliance on Regulation S under the Securities Act. The Notes will not be registered under the Securities Act or any other securities laws of any jurisdiction and will not have the benefit of any exchange offer or other registration rights. The Notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the Notes nor shall there be any sale of the Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

Cautionary Statement Regarding Forward-Looking Statements

Certain of the statements contained or referred to herein, including those regarding the proposed offering of the Notes and New AAdvantage Term Loan Facility, should be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate,” “plan,” “project,” “could,” “should,” “would,” “continue,” “seek,” “target,” “guidance,” “outlook,” “if current trends continue,” “optimistic,” “forecast” and other similar words. Such statements include, but are not limited to, statements about the Company’s plans, objectives, expectations, intentions, estimates and strategies for the future, and other statements that are not historical facts. These forward-looking statements are based on the Company’s current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. These risks and uncertainties include, but are not limited to, those set forth herein as well as in American Airlines Group Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 (especially in Part I, Item 1A. Risk Factors and Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations), and other risks and uncertainties listed from time to time in the Company’s other filings with the Securities and Exchange Commission. In particular, the consequences of the coronavirus outbreak to economic conditions and the travel industry in general and the financial position and operating results of the Company in particular have been material, are changing rapidly, and cannot be predicted. Additionally, there may be other factors of which the Company is not currently aware that may affect matters discussed in the forward-looking statements and may also cause actual results to differ materially from those discussed. The Company does not assume any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements other than as required by law. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statement.

Investor Relations

[email protected]



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Nickel 28 Comments on Tsingshan’s Nickel Matte Plans

Nickel 28 Comments on Tsingshan’s Nickel Matte Plans

TORONTO–(BUSINESS WIRE)–
Conic Metals Corp., soon to be renamed Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC) is pleased to provide clarification regarding GHG emissions related to the extraction and production of nickel for the EV industry.

Justin Cochrane, Nickel 28’s President and CEO stated “Recent industry news about conversion of Nickel Pig Iron (NPI) to nickel matte have resulted in speculation that new nickel supply is available to feed the requirements of the EV industry and new investment in added capacity is no longer as critical. While this development is not new and was expected by the industry, we believe it is important that our investors have a full picture of what this means.”

Recently Tsingshan Holding Group announced that it would supply nickel to two customers by converting NPI into nickel matte, which can be further refined into nickel sulphate or Class 1 nickel. This has resulted in significant volatility in the nickel price over the last few days. It is not clear what approach Tsingshan will be using to produce the nickel matte but it will involve a similar or elevated level of greenhouse gas generation (GHG) as producing nickel pig iron and will have the added burden of SO2 emissions as well. “I don’t believe North American or European automakers would or should be buying products that contain nickel with the expected GHG footprint of this nickel matte production in Indonesia,” noted Nickel 28’s Chairman, Anthony Milewski.

According to recent information provided by Wood Mackenzie Scope 1+2 emissions for NPI production are anywhere from 40 to 80 tCO2e per t of Ni, with Tsingshan estimated at 44. By introducing another energy intensive pyrometallurgical process step it is safe to assume that the emission intensity will only increase.

“Although reported as novel, the production of nickel matte from laterites has been around for decades and practiced by PT Vale in Indonesia and Eramet in New Caledonia, using two different approaches” commented Martin Vydra, EVP of Strategy and an expert in nickel processing. “It’s likely more energy intensive and it adds cost to a product that still sells at a discount to the LME” added Mr. Vydra. “Many companies have looked at it, but the economics are not there and with growing awareness and focus on GHG emissions, it just did not make sense. I’m sure Tsingshan has their reasons, but to me this indicates a shortage of nickel for EV batteries that is looming closer than the industry anticipates. We understand that capacity to convert nickel to sulphate in China is at its limit. It is not limited by nickel availability, it is limited by dissolving capacity. Matte leaching (converting nickel matte to a refined nickel product) is more complex and expensive than dissolving nickel briquettes or powder.”

“Compared to Ramu’s intensity of less than 16 tCO2e/t of Ni in MHP, Tsingshan’s production of matte from laterite could be orders of magnitude greater and that does not even account for SO2 emissions” noted Mr. Cochrane. “When the world is under pressure to eliminate GHG emissions, it appears that Tsingshan has gone in the opposite direction. I’m not sure how this can be acceptable to Western OEMs and especially the likes of Elon Musk and Tesla who are publicly committed to carbon neutrality in their products.”

“We expect to make further disclosure regarding our commitment to carbon neutrality in the coming weeks” noted Nickel 28’s Chairman, Anthony Milewski, “and we think it is important for global consumers of nickel to completely understand the source of their supply and all of the ESG factors associated with that supply”

About Nickel 28:

Conic Metals Corp., soon to be renamed Nickel 28 Capital Corp., is one of the only pure-play nickel-cobalt producers in Canada. Nickel-cobalt production comes from its 8.56% joint-venture interest in the long-life and world-class Ramu Nickel-Cobalt Operation located in Papua New Guinea. Ramu provides Nickel 28 with significant attributable nickel and cobalt production thereby offering our shareholders direct exposure to two metals which are critical to the adoption of electric vehicles. In addition, Nickel 28 manages a portfolio of 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain information which constitutes ‘forward-looking statements’ and ‘forward-looking information’ within the meaning of applicable Canadian securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to: statements with respect to the prospects of nickel and cobalt in the global electrification of vehicles; statements with respect to Ramu’s GHG intensity and statements with respect to the business and assets of Nickel 28 and its strategy going forward. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, most of which are beyond the Company’s control. Should one or more of the risks or uncertainties underlying these forward-looking statements materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements.

The forward-looking statements contained herein are made as of the date of this release and, other than as required by applicable securities laws, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. The forward-looking statements contained in this release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this news release.

Investor Contact:

Justin Cochrane

Tel: 647.846.7765

Email: [email protected]

KEYWORDS: North America Canada

INDUSTRY KEYWORDS: Natural Resources Other Natural Resources Mining/Minerals

MEDIA:

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LKQ Corporation Announces Early Redemption of €750 Million 3.625% Senior Notes Due 2026

CHICAGO, March 08, 2021 (GLOBE NEWSWIRE) — LKQ Corporation (Nasdaq: LKQ) announced today that LKQ European Holdings B.V., a wholly-owned subsidiary of the Company, (“LKQ European Holdings”) delivered a notice of early redemption to the holders of LKQ European Holding’s €750 million 3.625% Senior Notes due 2026 (the “Notes”). The Notes and the redemption are governed by the Indenture, dated as of April 9, 2018 (the “Indenture”), among the Company, LKQ European Holdings, certain of the Company’s subsidiaries, the trustee, and the paying agent, transfer agent and registrar. The redemption date is scheduled for April 1, 2021 (the “Redemption Date”), subject to the Company having sufficient financing available on the Redemption Date to pay the redemption price. In accordance with the terms and conditions of the Indenture, the Notes will be redeemed at a redemption price equal to 101.813% of the principal amount of the Notes plus accrued and unpaid interest thereon to, but not including, the Redemption Date. LKQ European Holding’s €250 million senior notes due 2028, also governed by the Indenture, will remain outstanding.

Varun Laroyia, Executive Vice President and Chief Financial Officer of LKQ, noted, “With the tremendous progress made by LKQ to generate significant sustainable free cash flow since 2018, we plan to utilize our strong liquidity position to redeem our €750 million senior notes early with proceeds from lower cost revolver borrowings and cash on hand. The transaction will lower our weighted average cost of debt and provide meaningful interest expense savings.”

Payment of the redemption price for the Notes will be made to the paying agent pursuant to the Indenture. BNP Paribus Trust Corporation UK Limited is the trustee, and BNP Paribus Securities Services, Luxembourg Branch, is the paying agent, for the Notes.

This press release shall not constitute a notice of redemption nor does it constitute an offer to sell or a solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.

About LKQ Corporation

LKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of OE recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles.

Forward Looking Statements

Statements and information in this press release that are not historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and are made pursuant to the “safe harbor” provisions of such Act.

Forward-looking statements include, but are not limited to, statements regarding our outlook, guidance, expectations, beliefs, hopes, intentions and strategies. These statements are subject to a number of risks, uncertainties, assumptions and other factors including those identified below.  All forward-looking statements are based on information available to us at the time the statements are made. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

You should not place undue reliance on our forward-looking statements. Actual events or results may differ materially from those expressed or implied in the forward-looking statements. The risks, uncertainties, assumptions and other factors that could cause actual events or results to differ from the events or results predicted or implied by our forward-looking statements include, among others, major events affecting the bond markets, changes in interest rates, changes in our cash position or cash requirements for other purposes, general market conditions, and other factors discussed in our filings with the SEC, including those disclosed under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2020 and in our subsequent Quarterly Reports on Form 10-Q. These reports are available on our investor relations website at lkqcorp.com and on the SEC website at sec.gov.

Contact:

Joseph P. Boutross
Vice President, Investor Relations
LKQ Corporation
(312) 621-2793
[email protected]



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Clearlake Capital-backed Janus International Expands Executive Team

Clearlake Capital-backed Janus International Expands Executive Team

Christine DeBord named President of Nokē® Smart Entry & Terry Bagley named President of Industry & Partner Relationships

Appointments to support growth of Nokē® Smart Entry, Janus’s access control technology business unit

TEMPLE, Ga.–(BUSINESS WIRE)–
Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”) portfolio company Janus International Group, LLC (“Janus” or the “Company”), a leading global manufacturer and supplier of turn-key building solutions and new access control technologies for the self-storage and other industrial sectors, announced today that Christine DeBord has been named President of Nokē® Smart Entry (“NSE” or “Nokē”) and Terry Bagley has been named President of Industry & Partner Relationships for Janus. Both Ms. DeBord and Mr. Bagley will report to Morgan Hodges, Executive Vice President of Janus. The appointments mark Janus’s efforts to continue driving organic growth by supporting its access control technology business as the Company continues down the path toward entering the public markets, expected in the second quarter of 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210308005444/en/

These appointments provide additional infrastructure and expertise to support the growth and development of Janus’s rapidly expanding Nokē business unit. Nokē is a state-of-the-art smart access control technology that meets the demands and expectations of today’s highly mobile consumers, providing tenants with 24 hour access self-storage facilities and individual units with the touch of a button on their phone, the ability to easily share mobile keys, and enhanced safety through remote monitoring. The product similarly enables operators to enhance profits by upgrading security and convenience, fully automating the move-in process, and enabling additional technologies like thermal imaging and fire sensing.

“As we work to execute on our strategic objectives and continue to generate strong organic growth, assembling a first-class team to accelerate the development and delivery of an industry-changing product to our customers represents an essential element of our preparations for operating as a public company,” Ramey Jackson, Chief Executive Officer of Janus, commented. “The self-storage industry is rapidly increasing its adoption of our technology – by the end of this week, over 400 sites will have installed and integrated our Nokē solutions.

“Our Nokē business faces the opportunity to penetrate what we believe is an approximately $4 billion market, and in Christine and Terry, we have assembled the best team to help Nokē capitalize on its enormous potential. Christine and Terry are proven executives with significant technology, sales and marketing experience and a nuanced understanding of our industry and partners, and are well positioned to both elevate our smart access control business and support Janus’s growth,” Mr. Jackson added.

As President of NSE, Ms. DeBord will focus on the continued growth and development of the Nokē division. Ms. DeBord has been working with self-storage access control and new technology since 2016 and possesses extensive experience as a marketing and sales leader, positioning her well to drive continued growth in the business unit.

As President of Industry & Partner Relationships for Janus, Mr. Bagley will foster relationships with industry technology partners, identify strategic M&A opportunities, cultivate international business development, and help Janus cultivate and expand relationships with institutional customers. Mr. Bagley possesses over two decades of experience in the storage industry; prior to joining Janus as Vice President of Business Development in 2015, Mr. Bagley served as President and CEO of self-storage software company Centershift Inc. He is additionally a former board member for the national Self Storage Association, serving two terms.

Janus expects to complete its business combination with Juniper Industrial Holdings, Inc. (NYSE: JIH) and become a publicly listed company in the second quarter of 2021. Clearlake, an investment firm, is the largest shareholder in Janus.

For more information about Nokē, please visit: https://www.janusintl.com/products/noke.

ABOUT JANUS INTERNATIONAL

Janus International Group, LLC (www.JanusIntl.com) is the leading global manufacturer and supplier of turn-key self-storage, commercial and industrial building solutions, including: roll-up and swing doors, hallway systems, re-locatable storage units and facility and door automation technologies. The Janus team operates out of several U.S. locations and six locations internationally.

ABOUT CLEARLAKE

Clearlake Capital Group, L.P., a Delaware limited partnership, is an investment firm founded in 2006 operating integrated businesses across private equity, credit and other related strategies. With a sector-focused approach, the firm seeks to partner with experienced management teams by providing patient, long-term capital to dynamic businesses that can benefit from Clearlake’s operational improvement approach, O.P.S.® The firm’s core target sectors are industrials, technology, and consumer. Clearlake currently has approximately $30 billion of assets under management and its senior investment principals have led or co-led over 200 investments. The firm has offices in Santa Monica and Dallas. More information is available at www.clearlake.com and on Twitter @ClearlakeCap.

ABOUT JUNIPER INDUSTRIAL HOLDINGS, INC. (NYSE: JIH)

Juniper Industrial Holdings, Inc., a Delaware corporation (“JIH” or “Juniper”), is a Special Purpose Acquisition Corporation targeting companies within the industrials sector. With $348 million in trust, Juniper was formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. Juniper’s management team has a proven track record of identifying market-leading technologies across the industrial spectrum, and an affinity for businesses with strong brands and mission-critical offering. The Juniper team has a robust network of relationships within industrial and investment communities built over 60+ years of combined industry experience, and a deep understanding of industrial trends. More information is available at www.juniperindustrial.com.

IMPORTANT INFORMATION AND WHERE TO FIND IT

This communication is being made in connection with the proposed business combination involving Juniper and Janus under a new holding company, Janus Parent, Inc., a Delaware corporation (“Janus Parent”). Janus Parent intends to file with the SEC a registration statement on Form S-4 (as amended, the “Registration Statement”) containing a preliminary proxy statement of Juniper and a preliminary prospectus of Janus Parent. After the Registration Statement is declared effective, Juniper will mail a definitive proxy statement/prospectus relating to the proposed business combination to its shareholders. This announcement does not contain all the information that should be considered concerning the proposed business combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. Juniper’s shareholders and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus and the amendments thereto and the definitive proxy statement/prospectus and other documents filed in connection with the proposed business combination, as these materials will contain important information about Juniper, Janus, Janus Parent and the business combination. When available, the definitive proxy statement/prospectus and other relevant materials for the proposed business combination will be mailed to shareholders of Juniper as of a record date to be established for voting on the proposed business combination. Shareholders will also be able to obtain copies of the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus and other documents filed with the SEC, without charge, once available, at the SEC’s website at www.sec.gov. In addition, the documents filed by Juniper and Janus Parent may be obtained free of charge from Juniper at www.juniperindustrial.com/investors. Alternatively, these documents, when available, can be obtained free of charge by directing a request to: Juniper Industrial Holdings, Inc., 14 Fairmount Avenue, Chatham, New Jersey 07928.

PARTICIPANTS IN THE SOLICITATION

Juniper, Janus and certain of their directors and executive officers may be deemed participants in the solicitation of proxies from Juniper’s shareholders with respect to the proposed business combination. A list of the names of those directors and executive officers and a description of their interests in Juniper is contained in Juniper’s annual report on Form 10-K for the fiscal year-ended December 31, 2019, which is available free of charge at the SEC’s web site at www.sec.gov. In addition, the documents filed by Juniper may be obtained from Juniper as described above under “Important Information and Where to Find It.”

NO OFFER OR SOLICITATION

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval, nor shall there be any sale of any securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such other jurisdiction.

FORWARD LOOKING STATEMENTS

Certain statements in this communication may be considered “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. All statements other than statements of historical fact included in this communication are forward-looking statements. When used in this communication, words such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,” “continue,” or the negative of such terms or other similar expressions, as they relate to the management team, identify forward-looking statements. Such forward-looking statements are based on the current beliefs of the respective management of Janus and Juniper, based on currently available information, as to the outcome and timing of future events, and involve factors, risks, and uncertainties that may cause actual results in future periods to differ materially from such statements. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in Juniper’s filings with the SEC including, but not limited to, the risk factors and other uncertainties set forth under “Risk Factors” in Part I, Item 1A of Juniper’s Form 10-K for the year ended December 31, 2019 and in Juniper’s other filings. There can be no assurance that the events, results or trends identified in these forward-looking statements will occur or be achieved. Forward-looking statements speak only as of the date they are made, and neither Janus nor Juniper is under any obligation, and each of them expressly disclaims any obligation, to update, alter or otherwise revise any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. All subsequent written or oral forward-looking statements attributable to Janus or Juniper or persons acting on its behalf are qualified in their entirety by this paragraph.

In addition to factors previously disclosed in Juniper’s reports filed with the SEC and those identified elsewhere in this communication, the following factors, among others, could cause actual results to differ materially from forward-looking statements or historical performance: (i) ability to meet the closing conditions to the merger, including approval by stockholders of Juniper on the expected terms and schedule and the risk that any regulatory approvals required for the merger are not obtained or are obtained subject to conditions that are not anticipated; (ii) the occurrence of any event, change or other circumstance that could cause the termination of the merger agreement or a delay in the closing of the merger; (iii) the effect of the announcement or pendency of the proposed merger on Juniper’s business relationships, operating results, and business generally; (iv) failure to realize the benefits expected from the proposed transaction; (v) risks that the proposed merger disrupts Janus’s current plans and operations and potential difficulties in Janus’s employee retention as a result of the proposed merger; (vi) the effects of pending and future legislation; (vii) risks related to disruption of management time from ongoing business operations due to the proposed transaction; (viii) the amount of the costs, fees, expenses and other charges related to the merger; (ix) risks of the self-storage industry; (x) the highly competitive nature of the self-storage industry and Janus’s ability to compete therein; (xi) litigation, complaints, and/or adverse publicity; (xii) the ability to meet NYSE’s listing standards following the consummation of the proposed transaction and (xiii) cyber incidents or directed attacks that could result in information theft, data corruption, operational disruption and/or financial loss.

This communication is not intended to be all-inclusive or to contain all the information that a person may desire in considering an investment in Juniper and is not intended to form the basis of an investment decision in Juniper. All subsequent written and oral forward-looking statements concerning Janus and Juniper, the proposed transaction or other matters and attributable to Janus and Juniper or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Juniper and Janus undertake no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Investor Contacts, Janus

Rodny Nacier/ Brad Cray

Phone: 770-562-6399

Email: [email protected]

Media Contacts, Janus

Phil Denning / Nora Flaherty

[email protected]

Media Contacts, Clearlake

Jennifer Hurson

[email protected]

KEYWORDS: Georgia United States North America

INDUSTRY KEYWORDS: Other Manufacturing Commercial Building & Real Estate Technology Construction & Property Human Resources Other Technology Professional Services Manufacturing Other Construction & Property

MEDIA:

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MindMed Announces C$19.5 Million Bought Deal Private Placement Offering

Canada NewsWire

/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

NEW YORK, March 8, 2021 /CNW/ – Mind Medicine (MindMed) Inc. (NEO: MMED) (OTCQB: MMEDF) (DE: MMQ) (“MindMed” or the “Company”), a leading psychedelic medicine biotech company, is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. (the “Underwriter”) pursuant to which the Underwriter has agreed to purchase for resale, on a bought deal private placement basis, an aggregate of 6,000,000 units of the Company (the “Units”) at a price of C$3.25 per Unit (the “Issue Price”) for aggregate gross proceeds to the Company of C$19,500,000 (the “Offering”). It is expected that the Offering will be primarily sold to one large institutional investor.

Each Unit shall consist of one subordinate voting share of the Company (each a “Subordinate Voting Share”) and one-half of one Subordinate Voting Share purchase warrant of the Company (each whole warrant, a “Warrant”). Each Warrant shall be exercisable to acquire one Subordinate Voting Share at an exercise price of C$4.40 per Subordinate Voting Share for a period of 3 years from the Closing Date, subject to a Warrant acceleration right exercisable by the Company if the daily volume weighted average trading price of the Company’s Subordinate Voting Shares on the Aequitas NEO Exchange (the “Exchange”) is greater than C$6.90 per Subordinate Voting Share for the preceding 5 consecutive trading days.

The closing of the Offering is expected to occur on or about March 9, 2021 (the “Closing Date”) and is subject to the completion of formal documentation and receipt of all regulatory approvals, including the approval of the Exchange. 

The Units will be offered for sale on a private placement basis in certain provinces of Canada pursuant to applicable exemptions from the prospectus requirements of Canadian securities laws. The Units may also be sold in such jurisdictions outside of Canada as may be agreed upon by the Underwriter and the Company, in each case in accordance with applicable laws. The Units issued will be subject to a customary four-month hold period under Canadian securities laws.

The net proceeds of the Offering will be used for further investment in Project Lucy (experiential LSD), the Microdose LSD Program and Project Albert, which is now integrating MindMed’s most recent technology acquisition HealthMode to build a comprehensive mental health platform to deploy psychedelics medicines, and for general working capital purposes.

The Underwriter is to be paid a cash commission equal to 6% of the gross proceeds of the Offering and to receive Unit purchase warrants of the Company (the “Underwriter’s Warrants”) equal to 6% of the number of Units sold under the Offering, with each Underwriter Warrant being exercisable to acquire one Unit at the Issue Price for a period of 36 months from the Closing Date.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act of 1933 (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About MindMed

MindMed is a leading psychedelic medicine biotech company that discovers, develops and deploys psychedelic inspired medicines and experiential therapies to address addiction and mental illness. The Company is assembling a compelling drug development pipeline of innovative treatments based on psychedelic substances including Psilocybin, LSD, MDMA, DMT and an Ibogaine derivative, 18-MC. The MindMed executive team brings extensive biopharmaceutical experience to the Company’s groundbreaking approach to developing the next generation of psychedelic inspired medicines and therapies.

MindMed trades in Canada on the Exchange under the symbol MMED. MindMed is also traded in the United States under the symbol MMEDF and in Germany under the symbol MMQ. For more information: www.mindmed.co

MindMed Forward-Looking Statements

Certain statements in this news release related to the Company are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include statements regarding the closing of the Offering, regulatory approvals and the intended use of proceeds of the Offering. There are numerous risks and uncertainties that could cause actual results and MindMed’s plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, the Company does not intend to update these forward-looking statements.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities of the Company will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except in certain transactions exempt from the registration requirements of the U.S. Securities Act.

SOURCE Mind Medicine Inc.

Posted on

Monarch Mining Increases the Size of its Mckenzie Break Property

PR Newswire

  • 36 new map-designated cells totalling 1,940 hectares (19.4 km2) staked, increasing the size of McKenzie Break property to 169 mineral claims covering 7,070 hectares (70.7 km2)
  • Recent staking aimed at covering extension of favourable geology and magnetic signature typical of gold mineralization on the property.
  • New property includes priority targets to be added to the ongoing 14,500-metre drilling program.

MONTRÉAL, March 8, 2021 /PRNewswire/ – MONARCH MINING CORPORATION (“Monarch” or the “Corporation“) (TSX: GBAR) (OTCMKTS: GBARF) is pleased to announce it has increased the size of its McKenzie Break property by map-staking 36 new mining cells totalling 1,940 hectares (19.4 km2), extending the property southward. The wholly-owned McKenzie Break project is located 25 kilometres north of Val-d’Or, Québec.

“We are very pleased to have put together a promising gold property of such significant size, in one of the most prolific mining camps,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch. “We are continuing to follow the mineralization southwards within the diorite unit on McKenzie Break with our 2021 14,500-metre drilling program, for which some results are already pending. These new claims will allow us to test the southern extension of the favourable geology in an area with relatively little past exploration.”

Monarch acquired the original 386.6-hectare McKenzie Break property from Agnico Eagle Mines Limited in 2017 and expanded the property in 2020 through additional purchase agreements with local prospectors and map-based staking. The February 2021 staking expands the property to 169 claims covering 7,070 hectares (70.7 km2). Located 20 kilometres north of the Beacon mill and 10 kilometres south of the municipality of Barraute, Québec, the property is accessible year-round via Route 397 and a gravel road and includes a portal and a 700-metre ramp driven in 2009.


Figure 1: McKenzie Break property with expanded property limits.

Geologically, the property straddles the Manneville Tectonic Zone, interpreted as the eastern extension of the Destor-Porcupine Break. Gold mineralization occurs in an elongated diorite unit or lens within a shallow embayment of the Pascalis Batholith. The recently staked claims cover a favourable gold-bearing diorite unit characterized by a magnetic high signature. The unit is geologically and geophysically similar to the area where Monarch has had recent drilling success leading to a recent resource update (Geologica and GoldMinds, February 2021) (see table 1).

Table 1: Combined resources (in-pit and underground) by category for the McKenzie Break deposit at
the selected cut-off grades


Area (cut-off grade)


Indicated resource


Inferred resource

Tonnes

(t)

 Grade

(g/t)

Ounces
  (Au)

Tonnes

(t)

Grade
  (g/t)

Ounces
  (Au)

Pit-constrained (0.50 g/t Au)

1,441,377

1.80

83,305

2,243,562

1.44

104,038

Underground (2.38 g/t Au)

387,720

5.03

62,677

1,083,503

4.21

146,555


TOTAL


1,829,097


145,982


3,327,065


250,593


Notes:

  1. Mineral resources which are not mineral reserves do not have demonstrated economic viability. An Inferred Mineral Resource has a lower level of confidence than that applying to a Measured and Indicated Mineral Resource and must not be converted to a Mineral Reserve. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, market or other relevant issues. The quantity and grade of reported inferred resources are uncertain in nature and there has not been sufficient work to define these inferred resources as indicated or measured resources.
  2. The database used for this mineral estimate includes drill results obtained from historical records and up to the recent 2018-2020 drill program.
  3. Mineral Resources are reported at a cut-off grade of 0.50 g/t Au for the pit-constrained and Underground mineral resources are reported at a cut-off grade of 2.38 g/t Au within reasonably mineable volumes.
  4. These cut-offs were calculated at a gold price of C$1,980 ounce.
  5. The pit-constrained resources were based on the following parameters: mining cost $3.5/t, processing, transportation + G&A costs $27/t, Au recovery 95%, pit slopes 15 degrees for overburden and 50 degrees for rock.
  6.  The underground reasonably mineable volumes were based on the following parameters: mining cost $98/t, processing, transportation + G&A costs $27/t, Au recovery 95%, dilution of 15% at 0 g/t Au with a minimum stope dimension of 10m x 10m x 5m.
  7. The geological interpretation of the deposits was based on lithologies and the typical mineralized interval mainly composed by diorite hosted shear zones.
  8. The mineral resource presented here was estimated with a block size of 5m X 5m X 5m for the pit-constrained and for underground.
  9. The blocks were interpolated from equal length composites calculated from the mineralized intervals. Prior to compositing, high-grade gold assays were capped to 60 g/t Au applied on 0.6-metre composites.
  10. The mineral estimation was completed using the inverse distance squared methodology utilizing two passes. For each pass, search ellipsoids followed the geological interpretation trends were used.
  11. Tonnage estimates are based on rock specific gravity of 2.77 tonnes per cubic metre for all the zones. Results are presented undiluted and in situ.
  12. Estimates use metric units (metres, tonnes and g/t). Metal contents are presented in troy ounces (metric tonne x grade / 31.10348).
  13. This mineral resource estimate is dated February 1, 2021, and the effective date for the drillhole database used to produce this updated mineral resource estimate is September 28, 2020.
  14. No economic evaluation of the resources has been produced.

The resource estimate was prepared by Merouane Rachidi, P.Geo., Ph.D., and Claude Duplessis, P.Eng., of GoldMinds Geoservices Inc., both qualified persons in accordance with National Instrument 43-101 standards. The technical and scientific content of this press release has been reviewed and approved by Louis Martin, P.Geo., the Corporation’s qualified person under National Instrument 43-101.

About Monarch
Monarch Mining Corporation (TSX: GBAR) is a fully integrated mining company that owns four advanced projects, including the fully permitted past-producing Beaufor Mine, which has produced more than 1 million ounces of gold over the last 30 years. Other advanced assets include the Croinor Gold, McKenzie Break and Swanson properties, all located near Monarch’s wholly owned and fully permitted Beacon 750 tpd mill. Monarch owns 28,725 hectares (287 km2) of mining assets in the prolific Abitibi mining camp that host 588,482 ounces of combined measured and indicated gold resources and 329,393 ounces of combined inferred resources.

Forward-Looking Statements
The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarch’s actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this press release.


www.monarchmining.com

Table 2 – Monarch combined gold resources


Tonnes


(metric)


Grade
(g/t Au)


Ounces


Croinor Gold

1

Measured Resources

80,100

8.44

21,700

Indicated Resources

724,500

9.20

214,300

Total Measured and Indicated

804,600

9.12

236,000

Total Inferred

160,800

7.42

38,400


Beaufor mine

2

Measured Resources

121,000

5.62

21,900

Indicated Resources

310,100

7.10

70,800

Total Measured and Indicated

431,100

6.68

92,700

Total Inferred

134,600

6.96

30,100


McKenzie Break

3



In-pit

Total Indicated

1,441,377

1.80

83,305

Total Inferred

2,243,562

1.44

104,038



Underground

Total Indicated

387,720

5.03

62,677

Total Inferred

1,083,503

4.21

146,555


Swanson

4



In-pit

Total Indicated

1,864,000

1.76

105,400

Total Inferred

29,000

2.46

2,300



Underground

Total Indicated

91,000

2.86

8,400

Total Inferred

87,000

2.87

8,000


TOTAL COMBINED

5


Measured and Indicated Resources


Inferred Resources


588,482


329,393


1 Source: Monarch Gold prefeasibility study (January 19, 2018) and resource estimate (January 8, 2016). This resource was completed for Monarch Gold and has not been reviewed by a qualified person for Monarch Mining as required under National Instrument 43-101 and is thus considered as an historical estimate.


2 Source: NI 43-101 Technical Report and Mineral Resource Estimate for the Beaufor Mine, December 18, 2020, Val-d’Or, Québec, Canada, Carl Pelletier, P. Geo., InnovExplo Inc. and John Langton, P. Geo., JPL GeoServices Inc.


3 Source: NI 43-101 Technical Evaluation Report on the McKenzie Break Property, February 1, 2021, Val-d’Or, Québec, Canada, Alain-Jean Beauregard, P.Geo., Daniel Gaudreault, P.Eng., Geologica Groupe-Conseil Inc., and Merouane Rachidi, P.Geo., Claude Duplessis, P.Eng., GoldMinds GeoServices Inc.


4 Source: NI 43-101 Technical Report and Mineral Resource Estimate for the Swanson Project, January 22, 2021, Val-d’Or, Québec, Canada, Christine Beausoleil, P. Geo. and Alain Carrier, P. Geo., InnovExplo Inc.


5 Numbers may not add due to rounding.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/monarch-mining-increases-the-size-of-its-mckenzie-break-property-301241817.html

SOURCE Monarch Mining Corporation

Posted on

Eventbrite Provides February Operating Update

Eventbrite Provides February Operating Update

Paid tickets grew 18% in February vs. January, driven by a 23% increase in tickets to in-person events

Australia reached new pandemic-era highs

Ticketing trends began to accelerate in the United Kingdom

SAN FRANCISCO–(BUSINESS WIRE)–
Eventbrite, Inc. (NYSE: EB), a global self-service ticketing and experience technology platform, today provided an update on the company’s event ticketing trends. Paid ticket volume increased by 18% in February compared to January 2021, primarily driven by growth in paid tickets to in-person events, which increased 23% in February compared to January. Notably, paid ticket volume in Australia rose 26% month over month and reached a new pandemic-era high in February. Paid tickets also accelerated sharply in the United Kingdom after the Prime Minister unveiled the reopening plan for England, which sparked a 50% week-over-week increase. Paid tickets grew by 23% outside the United States and by 15% within the United States in February compared to January. Compared to a year ago, February paid ticket volume declined 67%, improving from a 69% year-to-year decline in January.

“As vaccinations accelerate, we are all eager to gather again in person, and Eventbrite is ideally positioned to meet pent up demand,” said Julia Hartz. Co-founder and Chief Executive Officer. “Eventbrite’s creators began to gain momentum in February with paid events growing double-digits compared to January. In parts of the world where the virus has started to recede or where there is a clear timeline for gatherings to return, like in England, we’re seeing many events sell out quickly, signifying a tremendous appetite to gather in person again. As other regions and countries make progress on virus control and vaccination, we are ready to support creators as they rebuild their businesses. We look forward to helping bring the world back together through live experiences.”

About Eventbrite

Eventbrite is a global self-service ticketing and experience technology platform that serves a community of hundreds of thousands of event creators in nearly 180 countries. Since inception, Eventbrite has been at the center of the experience economy, transforming the way people organize and attend events. The company was founded by Julia Hartz, Kevin Hartz and Renaud Visage, with a vision to build a self-service platform that would make it possible for anyone to create and sell tickets to live experiences. The Eventbrite platform provides an intuitive, secure, and reliable service that enables creators to plan and execute their live and online events, whether it’s an annual culinary festival attracting thousands of foodies, a professional webinar, a weekly yoga workshop or a youth dance class. With over 200 million tickets distributed to more than 4 million experiences in 2020, Eventbrite is where people all over the world discover new things to do or new ways to do more of what they love.

Forward-Looking Statements

This press release contains forward-looking statements, including but not limited to statements regarding the company’s expectations regarding demand for in-person events and the company’s ability to meet that demand and support creators. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict, including risks related to the effects of the COVID-19 pandemic on the company’s business and the global economy generally and the risk factors identified in the company’s Annual Report on Form 10-K for the year ended December 31, 2020. Expressions of future goals and expectations and similar expressions, including “may,” “will,” “should,” “could,” “aims,” “seeks,” “expects,” “plans,” “anticipates,” “intends,” “believes,” “estimates,” “predicts,” “potential,” “targets,” and “continue,” reflecting something other than historical fact are intended to identify forward-looking statements. Unless required by law, the company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. However, readers should carefully review the reports and documents the company files or furnishes from time to time with the Securities and Exchange Commission, particularly its Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

Press:

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Technology Mobile/Wireless Entertainment Online Events/Concerts Software General Entertainment Internet Data Management

MEDIA: