Glenn Wilkins - Friday, March 27, 2020 Stocks in Play 3/27/2020 - 11:30 AM EST - McEwen Mining Inc. : Has fallen below the New York Stock Exchange continued listing requirement related to the price of its common stock. The NYSE requires that the average closing price of a listed company's common stock be above $1.00 U.S. per share, calculated over a period of 30 consecutive trading days. The Company was notified by the NYSE on March 24, that the average price of its common stock for the previous 30 trading days was below $1.00 U.S. per share. McEwen Mining intends to take steps to regain compliance of the NYSE continued listing requirements. Under the NYSE's rules, the Company has a period of six months to bring its share price and 30-day average closing share price back above $1.00 U.S. During this period, the Company’s common stock will continue to trade on the NYSE, subject to all other continued listing requirements. McEwen Mining Inc. shares T.MUX are trading up $0.02 at $1.07. 3/27/2020 - 11:28 AM EST - Boyd Group Services Inc. : Is continuing to address the impact of the COVID-19 pandemic. Boyd remains focused on minimizing the risk and impact to our business as well as employees, customers and shareholders. Subject to the external environment, Boyd is committed to business continuity, both during the pandemic and in the recovery period that will follow. At this time, Boyd's business has been identified by the Cybersecurity and Infrastructure Security Agency in the United States as essential critical infrastructure, as well as in Ontario's list of Essential Workplaces. Boyd Group Services Inc. shares T.BYD are trading down $16.62 at $144.93. 3/27/2020 - 11:26 AM EST - The Stars Group Inc. : Announced that its special meeting of shareholders to approve the proposed all-share combination with Flutter Entertainment plc will be held on Friday, April 24. The Stars Group also provided certain updates on the Combination and the composition of its board of directors. The Stars Group Inc. shares T.TSGI are trading down $2.53 at $24.48. 3/27/2020 - 11:24 AM EST - Atalaya Mining Plc. : Notes the statement by the Financial Conduct Authority requesting that all listed companies observe a moratorium on the publication of financial statements for at least two weeks. In accordance with this request, Atalaya will delay the publication of its full-year 2019 results until the moratorium period ends which is currently expected to be on April 5. Atalaya Mining Plc. shares T.AYM are trading unchanged at $1.79. 3/27/2020 - 10:50 AM EST - New Flyer of America Inc. : Announced that the San Diego Metropolitan Transit System has exercised options for 26 Xcelsior® compressed natural gas 60-foot, heavy-duty transit buses (52 equivalent units or "EUs"), converted from New Flyer's backlog. New Flyer of America Inc. shares T.NFI are trading up $0.24 at $16.22. 3/27/2020 - 10:40 AM EST - Trilogy Metals Inc. : Reported the public release of the Final Environmental Impact Statement by the United States Bureau of Land Management for the Ambler Mining District Industrial Access Project or AMDIAP (Ambler Access Road). On March 27, 2020, the BLM, the lead federal agency for the permitting of the AMDIAP, released the Final EIS for the AMDIAP. This follows on the Draft EIS completed on August 23, 2019. The final step in the permitting process for the AMDIAP is the issuance of the Record of Decision by the BLM and the issuance of the Clean Water Act (CWA) Section 404 permit from the United States Army Corp. of Engineers. The Company expects these two items to be issued concurrently within the next couple of months. Trilogy Metals Inc. shares T.TMQ are trading down $0.06 at $1.72. 3/27/2020 - 10:32 AM EST - Ely Gold Royalties Inc. : Has entered into a warrant exercise incentive agreement with 2176423 Ontario Ltd., which is beneficially owned by Eric Sprott to induce the Holder to effect an early exercise of 2,807,727 of its outstanding unlisted warrants, issued in a June 2019 private placement, exercisable for common shares of the Company. The Warrants are exercisable at a price of $0.30 per Common Share until June 28, 2022. Ely Gold Royalties Inc. shares V.ELY are trading down $0.02 at $0.72. 3/27/2020 - 10:13 AM EST - Eastern Platinum Limited : Has filed its Audited Consolidated Financial Statements for the years ending December 31, 2019 and 2018 and the corresponding Management's Discussion and Analysis and Annual Information Form. Below is a summary of the Company's financial results and highlights for the year ended December 31, 2019 (all amounts in U.S.): Revenue for the year ended December 31, 2019 was $39.2 million compared to $0.4 million in the prior year due to a full year of operating results from the Retreatment Project. Net income to equity shareholders of $0.1 million (earnings of $0.00 per share) for the year ended December 31, 2019 versus a loss of $21.8 million (loss of $0.24 per share) the prior year; and positive working capital (excluding non-cash deferred revenue) of $9.7 million as at December 31, 2019. Eastern Platinum Limited shares T.ELR are trading unchanged at $0.24. 3/27/2020 - 9:45 AM EST - Delphi Energy Corp. : Provided an operations update on its first three wells of the 2020 capital program.Completion operations on the Company’s first three Montney wells (3.0 net) in the 2020 drilling program have concluded, with all of the wells expected to be placed on production by months end. These 3 wells are drilled in liquid-rich West Bigstone, in close proximity to existing pipelines, minimizing the tie-in costs.The first two wells of the 2020 drilling program were the 13-12-60-24W5 (“13-12”) & 14-12-60-24W5 (“14-12”) Montney wells. These wells were drilled from a two well pad with a surface location of 14-36-59-24W5 (“14-36”) situated between Delphi’s two existing producers at 16-10-60-24W5 and 16-12-60-24W5. Delphi Energy Corp. shares T.DEE are trading unchanged at $0.22. 3/26/2020 - 3:46 PM EST - LXRandCo, Inc. : Today reported its financial results for the fourth quarter ended December 31, 2019. The retail network at December 31, 2019 consisted of 80 stores compared to 86 in 2018. This decrease was mainly due to the Company's decision to terminate an unprofitable retail partnership in 2019, which resulted in the closure of six stores in the U.S. Net revenue increased by 32.9% to $14.4 million from $10.9 million. Net loss decreased to $2.1 million from a net loss of $3.7 million. LXRandCo, Inc. shares T.LXR are trading unchanged at $0.25.
