Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Trevali to Release Third Quarter Results on November 4, 2020 VANCOUVER, British Columbia, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) announces that the operating and financial results for the third quarter ended September 30, 2020, will be released on Wednesday, November 4, 2020 after the Toronto Stock Exchange market close. Q3-2020 Financial and Operational Results Conference Call and Webcast The Company will host a conference call and presentation webcast at 1:00PM Eastern Time on Thursday,...
Trevali Announces Director Appointments VANCOUVER, British Columbia, Sept. 04, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) today announced the appointments of Nick Popovic and Aline Cote to the board of directors of the Company (the “Board”), replacing Chris Eskdale and Dan Myerson as Glencore nominees on the Board effective immediately. Both Mr. Popovic and Ms. Cote have also been nominated for election at the annual general meeting of shareholders scheduled to be held September 16, 2020. Mr. Popovi...
Trevali Announces Management Change VANCOUVER, British Columbia, Aug. 28, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) today announced that Matthew Quinlan is departing as Trevali’s Interim Chief Financial Officer effective August 31, 2020. Mr. Quinlan has served as Interim CFO since March 3, 2020 after having supported Trevali in a consulting capacity since October 2019. “I thank Matt for his efforts over the past 11 months. He has been integral in the process of securing additional liquidity for the co...
Trevali Announces Positive PFS For Rosh Pinah Mine Expansion (“RP2.0”); Increases Production Capacity by 86% and Significantly Reduces Operating Costs VANCOUVER, British Columbia, Aug. 25, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) is pleased to announce positive results from the NI 43-101 Pre-Feasibility Study (“PFS”) at its 90%-owned Rosh Pinah mine in Namibia (the “property”). The PFS is based on a scenario to expand the current throughput from 0.7 Mtpa to 1.3 Mtpa through the modification of the pro...
Trevali Releases Second Quarter 2020 Results; Reissues 2020 Guidance with Lower All-In-Sustaining-Costs for the Remainder of the Year VANCOUVER, British Columbia, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) today released financial and operating results for the three and six months ended June 30, 2020. The Company reported quarterly production of 66 million pounds of zinc at an all-in sustaining cost1 (“AISC”) of $1.05 per pound. Subsequent to quarter end, the company secured up to $45 million i...
Trevali Enters into Amended and Restated Credit Agreement with Existing Lenders and Secures Facility with Glencore VANCOUVER, British Columbia, Aug. 06, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV; OTCQX: TREVF) is pleased to announce today that it has entered into a second amended and restated credit agreement with a syndicate of lenders for an up to US$150 million first lien secured revolving credit facility, (the “Amended Revolving Credit Facility”). In addition, the Company has entered into an up to US$20 million second lien secured facili...
Trevali Provides Update on Revolving Credit Facility and Strategic Review Process VANCOUVER, British Columbia, July 31, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) announced today that it continues to engage with its syndicate of lenders on a solution to short-term financing and liquidity requirements, and has been granted a waiver of compliance with the existing financial covenants until August 31, 2020. As part of the waiver, the minimum financial liquidity requirement of $15 million has been reduced t...
Trevali to Begin the Safe Restart of Santander VANCOUVER, British Columbia, July 15, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) announced today that the Company has begun to safely restart operations at the Santander mine in Peru with additional COVID-19 health controls in place. Mining and milling operations were suspended on June 25th to provide COVID-19 screening for all workers after 19 workers tested positive when conducting routine testing. One individual has been admitted to intensive care due to...
Trevali Provides Update on COVID-19 Cases at Santander VANCOUVER, British Columbia, July 03, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) announced on June 26th that 19 workers at the Santander mine in Peru tested positive for COVID-19 during routine serological testing. In response, operations at Santander were suspended and all 298 workers on site were safely quarantined and underwent further testing. A total of 82 workers have tested positive for COVID-19 using polymerase chain reaction (PCR) tests. Th...
Trevali Provides Update on Revolving Credit Facility and Strategic Review Process VANCOUVER, British Columbia, June 30, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) announced today that it continues to engage with its syndicate of lenders on a solution to short-term financing and liquidity requirements, and has been granted a waiver of compliance with the existing financial covenants until July 31, 2020. No new covenants or modifications have been introduced. The Company continues to advance the strategi...
Trevali Confirms Positive COVID-19 Cases at Santander and Temporarily Suspends Operations VANCOUVER, British Columbia, June 26, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) regretfully announces that 19 workers at the Santander mine in Peru tested positive for COVID-19. These workers are asymptomatic and have been provided with safe and preventative quarantine. The Company has temporarily suspended operations at the mine and mill to undertake additional testing on site. On June 23rd, prior to a roster ...
Trevali Provides Update on Revolving Credit Facility VANCOUVER, British Columbia, May 29, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) announced today that it continues to engage with its syndicate of lenders on a solution to short-term financing and liquidity requirements, and has been granted a waiver of compliance with the existing financial covenants until June 30, 2020. In addition, the facility has been permanently reduced from $275 million to $200 million, allowing the Company to save on standby fe...
Trevali Reports 2019 Sustainability Performance VANCOUVER, British Columbia, May 28, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV) announced today that it has issued its 2019 Sustainability Report, covering new performance targets and disclosures. “Our second annual Sustainability Report marks another great milestone bringing us one step closer to fulfilling our purpose to become the world’s most sustainable underground mining company,” said Ricus Grimbeek, President and CEO. “We were able to make significant progress in sustainab...
Trevali Releases First Quarter 2020 Results VANCOUVER, British Columbia, May 13, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) today released financial and operating results for the three months ended March 31, 2020. The Company reported production of 99 million pounds of zinc at an All-In Sustaining Cost1 (“AISC”) of $1.10 per pound. A net loss of ($175.6) million was principally due to a non-cash impairment charge of $137.4 million being recorded relating to Caribou, Santander, and exploration properties...
Trevali Provides Update on Revolving Credit Facility; Announces Q1 2020 Conference Call Details VANCOUVER, British Columbia, April 30, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) (“Trevali” or the “Company”) announced today that it continues to engage with its syndicate of lenders on a solution to short-term financing and liquidity requirements, and has been granted a waiver of compliance with the existing financial covenants until May 31, 2020. No other amendments to the facility have been made as part of this waiver extension. ...
Trevali Issues Statement on COVID-19 Response and Provides Business Update, Including Amendment to Revolving Credit Facility VANCOUVER, British Columbia, April 03, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) (“Trevali” or the “Company”) is providing details of its response to the COVID-19 pandemic, including the steps taken to ensure the health and safety of its workforce, as well as the initiatives underway across the Company to accelerate its T90 program to sustainably reduce the cost structure of the business, preserve cash and s...
Trevali Reports 2019 Mineral Reserves and Resources; Increases Reserves at Rosh Pinah Mine and Grows Global Resource Base VANCOUVER, British Columbia, March 30, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) reports its Mineral Reserves and Mineral Resources statements as of December 31, 2019. “Trevali is very encouraged with the continued growth of the Mineral Resources and Reserves base at our flagship Rosh Pinah Mine,” said Ricus Grimbeek, President and CEO. “The strategy of focusing on near-mine explor...
Trevali Announces Departure of Jessica McDonald from Trevali Board; Appoints Jill Gardiner as Chair of the Board VANCOUVER, British Columbia, March 30, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) today announced that Jessica McDonald has stepped down as Chair and a member of Trevali’s Board of Directors. Ms. McDonald joined Trevali’s Board in October 2017 and was appointed Chair of the Board in March 2019, in addition to serving as a member of the Transition Oversight Committee that was formed to oversee...
Trevali Provides Update on Extension of Government Declaration of National Emergency in Peru VANCOUVER, British Columbia, March 27, 2020 (GLOBE NEWSWIRE) -- Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV, BVL: TV; OTCQX: TREVF, Frankfurt: 4TI) The Peruvian President announced on March 26th that the Government extended the state of National Emergency which restricts travel in its efforts to contain the outbreak of COVID-19 to April 12th. An additional 13 days were added to the original 15-day period. The Santander mine has been in full compliance with the Government’s re...
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