Market Newsdesk

NEW YORK, Jan. 11, 2021 (GLOBE NEWSWIRE) — Mercer International Inc. (Nasdaq: MERC) today announced that David M. Gandossi, President and CEO, will be presenting at the following upcoming conference:

     24th Annual CIBC Western Institutional Investor Conference
Friday, January 22nd, 2021
Presentation at 9:40 AM

A copy of the presentation will be posted in the “Investors – Current Documents” section on the Company’s web site (https://mercerint.com/investors/current-documents/) on the morning of the event.

At Mercer International Inc., we are exceptional people creating bioproducts for a more sustainable world. We are a diversified global producer of forest products, bioproducts, and green electricity with operations in Germany, Canada, and Australia with a consolidated annual production capacity of approximately 2.2 million tonnes of kraft pulp and 550 million board feet of softwood lumber. For further information, please visit www.mercerint.com.

The preceding includes forward looking statements which involve known and unknown risks and uncertainties which may cause our actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: the continuing effects of the recent economic and financial turmoil, the highly cyclical nature of our business, raw material costs, our level of indebtedness, competition, foreign exchange and interest rate fluctuations, our use of derivatives, expenditures for capital projects, environmental regulation and compliance, disruptions to our production, market conditions and other risk factors listed from time to time in our SEC reports.

APPROVED BY:
David M. Gandossi, FCPA, FCA
President & CEO
604-684-1099

David K. Ure, CPA, CGA
Senior VP Finance, CFO & Secretary
604-684-1099

BETHESDA, Md., Jan. 11, 2021 (GLOBE NEWSWIRE) — Liquidity Services (NASDAQ:LQDT), the world’s largest B2B e-commerce marketplace for business and government surplus, announced today that it will report the results of its first quarter fiscal year 2021 ended December 31, 2020 on Thursday, February 4, 2021 at 10:30 a.m. Eastern Time. The earnings press release will be distributed prior to market open on the same day. Bill Angrick, Chairman and CEO, and Jorge Celaya, EVP and CFO, will host the earnings event.

Investors and other interested parties may access the teleconference by dialing (888) 771-4371 or (847) 585-4405 and providing conference ID 50053903. A live web cast of the conference call will be provided on the Company’s investor relations website at http://investors.liquidityservices.com.

An archive of the web cast will be available on the Company’s website until February 4, 2021 at 11:59 p.m. Eastern Time. To listen to the replay, visit the Liquidity Services investor relations site. The replay will be available starting at 1:30 p.m. ET on the day of the call.

About Liquidity Services

Liquidity Services (NASDAQ:LQDT) operates leading e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. The company employs innovative e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government sellers. Our superior service, unmatched scale and ability to deliver results enable us to forge trusted, long-term relationships with over 14,000 sellers worldwide. With over $8 billion in completed transactions, and more than 3.7 million buyers in almost 197 countries and territories, we are the proven leader in delivering smart B2B e-commerce solutions.

Contact:

Liquidity Services, Inc.
Investor Relations
800-310-4604
[email protected]

TORONTO, Jan. 11, 2021 (GLOBE NEWSWIRE) — YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is pleased to announce the appointment of Credit Suisse as its joint UK corporate broker alongside Peel Hunt and Berenberg with immediate effect.

Our joint corporate brokers will work with Yamana to meet its objective of becoming the ‘investment of choice’ in London for those seeking exposure to gold via an investment in a pure play gold mining company with high-quality assets in the Americas, a strong and sustainable dividend, and proper management of ESG-related matters.

About Yamana Gold

Yamana Gold Inc. is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. Yamana plans to continue to build on this base through expansion and optimization initiatives at existing operating mines, development of new mines, the advancement of its exploration properties and, at times, by targeting other consolidation opportunities with a primary focus in the Americas.

FOR FURTHER INFORMATION PLEASE CONTACT:

Investor Relations

+1 416-815-0220
1-888-809-0925
Email: [email protected]

Tavistock (UK Public Relations)

Charles Vivian / Emily Moss
Telephone: +44 7977 297 903 / +44 778 855 4035
Email: [email protected]

Credit Suisse (Joint UK Corporate Broker)

Ben Lawrence / David Nangle
Telephone: +44 (0) 20 7888 8888

Joh. Berenberg Gossler & Co. KG
(Joint UK Corporate Broker)

Matthew Armitt / Jennifer Wyllie / Detlir Elezi
Telephone: +44 (0) 20 3207 7800

Peel Hunt LLP (Joint UK Corporate Broker)

Ross Allister / David McKeown / Alexander Allen
Telephone: +44 (0) 20 7418 8900

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release contains or incorporates by reference “forward-looking statements” and “forward-looking information” under applicable Canadian securities legislation and within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking information includes, but is not limited to information with respect to the Company’s strategy, plans or future financial or operating performance including guidance and liquidity and the Company’s intentions with respect to listing on the LSE. Forward-looking statements are characterized by words such as “plan”, “expect”, “budget”, “target”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Forward-looking statements are based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made, and are inherently subject to a variety of risks and uncertainties and other known and unknown factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the LSE not providing listing approval to the Company, unforeseen impacts on guidance, liquidity, cash flow, monetization initiatives, and available residual cash, an inability to maintain a cash reserve fund balance that can support current or future dividend increases, the outcome of various planned technical studies, production and exploration, development, optimizations and expansion plans at the Company’s projects, changes in national and local government legislation, taxation, controls or regulations and/or change in the administration of laws, policies and practices, and the impact of general business and economic conditions, global liquidity and credit availability on the timing of cash flows and the values of assets and liabilities based on projected future conditions, fluctuating metal prices (such as gold, silver and zinc), currency exchange rates (such as the Brazilian Real, the Chilean Peso and the Argentine Peso versus the United States Dollar), the impact of inflation, possible variations in ore grade or recovery rates, changes in the Company’s hedging program, changes in accounting policies, changes in mineral resources and mineral reserves, risks related to asset dispositions, risks related to metal purchase agreements, risks related to acquisitions, changes in project parameters as plans continue to be refined, changes in project development, unanticipated costs and expenses, higher prices for fuel, steel, power, labour and other consumables contributing to higher costs and general risks of the mining industry, failure of plant, equipment or processes to operate as anticipated, unexpected changes in mine life, final pricing for concentrate sales, unanticipated results of future studies, seasonality and unanticipated weather changes, costs and timing of the development of new deposits, success of exploration activities, permitting timelines, government regulation and the risk of government expropriation or nationalization of mining operations, risks related to relying on local advisors and consultants in foreign jurisdictions, environmental risks, unanticipated reclamation expenses, risks relating to joint venture or jointly owned operations, title disputes or claims, limitations on insurance coverage, timing and possible outcome of pending and outstanding litigation and labour disputes, risks related to enforcing legal rights in foreign jurisdictions, as well as those risk factors discussed or referred to herein and in the Company’s Annual Information Form filed with the securities regulatory authorities in all provinces of Canada and available at www.sedar.com, and the Company’s Annual Report on Form 40-F filed with the United States Securities and Exchange Commission.  Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates, assumptions or opinions should change, except as required by applicable law. The reader is cautioned not to place undue reliance on forward-looking statements. The forward-looking information contained herein is presented for the purpose of assisting investors in understanding the Company’s expected financial and operational performance and results as at and for the periods ended on the dates presented in the Company’s plans and objectives and may not be appropriate for other purposes.

WEST CHESTER, Pa., Jan. 11, 2021 (GLOBE NEWSWIRE) — Oakmont Capital Holdings is excited to announce a partnership with Quaint Oak Bank. As a direct, independent lender, Oakmont Capital Holdings is poised to expand its lending lines to become a stronger national force in the equipment finance industry.

“Oakmont Capital Services and Quaint Oak Bank have worked together over an extended timeframe, and we’re pleased to take our relationship to the next level,” said Joe Leonard, CLFP and Managing Member at Oakmont Capital. “With Oakmont’s expertise in the equipment finance industry and Quaint Oak’s investment, we can now offer our customers a more robust line of financing options and an equally streamlined process.”

Oakmont Capital has been providing commercial equipment financing and working capital throughout all 50 states since 1998 and has two locations, one in West Chester, Pennsylvania, and an office in Albany, Minnesota. Quaint Oak Bank, headquartered in Southampton, Pennsylvania, has been serving its community for 95 years and has a family of companies, including mortgage, real estate, Title Abstract, and insurance.

“The partnership with Oakmont Capital is an exciting step,” said Robert T. Strong, President and CEO at Quaint Oak Bank. “Our goal was to add an equipment finance company to our Family of Companies, and after working with Oakmont, we’ve been impressed with their team and determined that a more formal relationship would benefit our business model and our customers.”

Oakmont Capital will remain a direct, independent lender, working with customers in tree care, landscaping, construction, and other industries to finance equipment needed to fuel business growth. Leveraging additional funds provided by Quaint Oak Bank, Oakmont looks forward to offering customers additional business lines along with more flexible financing options via a virtual process.

“This partnership is a win-win-win for everyone involved, from our businesses to our employees and, of course, our customers. We are excited about this opportunity and the growth of both Oakmont and Quaint Oak,” said Leonard.

About Oakmont Capital Holdings

Oakmont Capital Holdings, headquartered in West Chester, PA, with an office in Albany, MN, is a fast, affordable, reputable solution to equipment financing. Oakmont Capital Services, the predecessor company to Oakmont Capital Holdings, was founded in 1998 by Managing Members Joseph P. Leonard, CLFP and Megan J. Zoba. Oakmont Capital is a direct, independent lender, providing commercial equipment financing and working capital throughout all 50 states. The professional financing staff at Oakmont has combined experience of over 350 years in the industry and is the reliable choice for today’s financing needs. For more information, visit www.oakmontfinance.com.

VANCOUVER, British Columbia, Jan. 11, 2021 (GLOBE NEWSWIRE) — A.I.S. Resources Limited (TSX-V – AIS, OTCQB: AISSF) (the “Company” or “AIS”) announces that it is amending the terms of its non-brokered private placement previously announced on January 7, 2021. The expiry of the warrants has been increased to 24 months from closing and the warrants will not be subject to accelerated expiry.

All other terms of the private placement remain unchanged.

Closing of the Private Placement is subject to acceptance by the TSX Venture Exchange. All securities issued in connection with the Private Placement will be subject to a four-month hold period from the closing date under applicable Canadian securities laws.

About A.I.S. Resources Limited

A.I.S. Resources Limited is a publicly traded investment issuer listed on the TSX Venture Exchange focused on precious and base metals exploration. AIS’s value add strategy is to acquire prospective exploration projects and enhance their value by better defining the mineral resource with a view to attracting joint venture partners and enhancing the value of its portfolio. The Company is managed by a team of experienced geologists, with a track-record of successful capital markets achievements. In November 2020, AIS received TSX-V approval to acquire the New South Wales Yalgogrin Gold Project JV, the Fosterville-Toolleen Gold Project and the Kingston Gold Project in Victoria Australia.

Phillip Thomas
CEO

A.I.S. Resources Limited

For further information, please contact:
Phillip Thomas, Chief Executive Officer
Tel: +1-747-200-9412
Email: [email protected]
Or
Martyn Element, Executive Chairman
Tel: +1-604-220-6266
Email: [email protected]
Website: www.aisresources.com

ADVISORY:

This press release contains forward-looking statements. More particularly, this press release contains statements concerning the anticipated use of the proceeds of the Private Placement. Although the Corporation believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The intended use of the proceeds of the Private Placement by the Corporation might change if the board of directors of the Corporation determines that it would be in the best interests of the Corporation to deploy the proceeds for some other purpose. The forward-looking statements contained in this press release are made as of the date hereof and the Corporation undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORT WORTH, Texas, Jan. 11, 2021 (GLOBE NEWSWIRE) — Tandy Leather Factory, Inc. (Pink: TLFA) today reported certain financial result information for its fourth quarter and full year ended December 31, 2020. Sales for the fourth quarter of 2020 are expected to range between $21.0 million and $21.5 million, an increase ranging from 2.6% to 5.0% compared to prior year’s $20.5 million, resulting in full year preliminary sales ranging from $63.1 million to $63.6 million as compared to $74.8 million in 2019. As of December 31, 2020, the Company had $0.4 million of debt and $9.9 million of cash and cash equivalents.

Commenting on these preliminary results, Janet Carr, Chief Executive Officer, said, “We were pleased with our fourth quarter sales performance following the trend of improvement that we saw throughout the third quarter with the reopening of substantially all of our store fleet. Positive total year-over-year sales growth in the fourth quarter including continued strong web and wholesale sales, and even after the permanent closure of nine stores this year, reflects the resonance of our strategic initiatives with our consumers. We are deeply grateful to our employees – their ingenuity, nimbleness, fortitude and focus throughout this crisis – for delivering strong results.”

Ms. Carr added, “Throughout the fourth quarter and continuing into January, a small percentage of stores have been forced to again close or be limited to curbside delivery, as a result of government orders or staffing shortages caused by COVID-19. With COVID-19 case rates at all-time highs and continuing to rise and with an uncertain economic environment ahead, future trends remain hard to predict. Nevertheless, our fourth quarter affirms our confidence that our customers remain enthusiastic to shop with us in all our channels.”

The Company continues to undergo a financial accounting restatement of the information presented in its Form 10-K for fiscal year 2018. The Company is working with its external auditors to complete the financial statement audit for the year ended 2019, as well as the review of interim quarters on Form 10-Q for the second and third quarters of 2019 and for the first three quarters of 2020, which the Company expects to file together with its restated and other outstanding filings. Until then, the Company is not in a position to provide detailed financial information beyond its sales and cash balance.

The Company also announced today the appointment of Michael Galvan as Chief Financial Officer, effective January 11, 2020. Mr. Galvan replaces Steve Swank, who informed us on January 6 that he was resigning for personal reasons as Chief Financial Officer. Mr. Swank has agreed to remain with the Company for two months to provide transition and assistance. Mr. Galvan, 52, first joined the Company in May 2020, serving as Interim Chief Financial Officer until Mr. Swank’s arrival in July 2020; he has remained with the Company on a full-time consulting basis since then. Mr. Galvan has retained primary responsibility for all aspects of finalizing our restatement work throughout his tenure with Tandy, in addition to providing critical leadership and guidance in all areas of finance and accounting. He brings over 25 years of finance and accounting experience to the Company, including executive leadership roles serving as Interim Chief Financial Officer, Chief Accounting Officer and Treasurer for a variety of publicly-traded companies. Janet Carr said, “During his eight months with Tandy, Mike has become a strong leader within the Finance and Accounting teams, and we anticipate a seamless transition. His excellent track record both within and prior to Tandy are proving invaluable to the company. We thank Steve for his contributions during his time with Tandy and wish him well in his future endeavors.”

Tandy Leather Factory, Inc., (http://www.tandyleather.com), headquartered in Fort Worth, Texas, is a specialty retailer of a broad product line including leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company distributes its products through its 105 North American stores located in 40 US states and six Canadian provinces, and one store located in Spain. Its common stock trades over-the-counter “pink sheets” with the symbol “TLFA”. To be included on Tandy Leather Factory’s email distribution list, go to: http://www.b2i.us/irpass.asp?BzID=1625&to=ea&s=0.

Contact:  Janet Carr, Tandy Leather Factory, Inc.  (817) 872-3200 or [email protected] 

This news release may contain statements regarding future events, occurrences, circumstances, activities, performance, outcomes and results that are considered “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. Actual results and events may differ from those projected as a result of certain risks and uncertainties. These risks and uncertainties include but are not limited to: changes in general economic conditions, negative trends in general consumer-spending levels, failure to realize the anticipated benefits of opening retail stores; availability of hides and leathers and resultant price fluctuatio
ns; change in customer preferences for our product, and other factors disclosed in our filings with the Securities and Exchange Commission. These forward-looking statements are made only as of the date hereof, and except as required by law, we do not intend to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.