(Energy Analytics Institute, 21.Jul.2022) — Energy briefs including Bristow Helicopters Ltd (NYSE: VTOL) signing a £1.6bn 10-year contract for the Second-Generation Search and Rescue Aviation program; Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) terminating its option for the Libanesa Silver-Gold Project in Argentina; Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) reporting production results for the 3-mths; Höegh LNG Partners LP (NYSE: HMLP) saying its BODs has declared a quarterly cash distribution w/ respect to the quarter ended 30 Jun. 2022, of $0.01/unit for the common units and more.
LATIN AMERICA AND THE CARIBBEAN
— Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) reported production results for the 3-mths ended 30 Jun.2022, from its two wholly-owned operating mines, Tucano in Brazil and Topia in Mexico.
— Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF) has terminated its option for the Libanesa Silver-Gold Project in Argentina. Per its obligations as revealed on October 12, 2021, Golden Arrow has met and exceeded its minimum commitment, through an exploration program that included field mapping, surface sampling, trenching and 1,716m of drilling. The co. has informed the vendor that it will not be continuing w/ the option and instead will focus its efforts on its new San Pietro copper-gold-cobalt project in Chile, and on its portfolio of projects in Argentina.
— Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) released results for 22 new infill and exploration drill holes totaling 18,071m that further demonstrate the size and quality of the mineralization at the co.’s La Colorada Skarn project. Infill drill hole D-96-03-22, in the western portion of the deposit, contains an extensive zone of high grade silver and base metal sulphide mineralization w/ an intercept of 295.5m at 234 g/t Ag, 6.36% Pb and 5.72% Zn, including 97.0m at 654 g/t Ag, 15.35% Pb and 11.38% Zn.
— Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) said its common shrs have been consolidated at a ratio of 10 pre-consolidation common shrs to one post-consolidation common shr, the co. revealed in an official stmt. The common shrs will begin trading on a post-Consolidation basis on the Toronto Stock Exchange and NYSE at mkt open on 25 Jul. 2022. As a result of the consolidation, the co. now has 47,137,066 common shrs issued and outstanding. All outstanding incentive stock options granted pursuant to the co.’s Amended and Restated Omnibus Incentive Plan will be adjusted in accordance w/ their terms to increase their exercise price by a factor of 10 and to reduce the number of common shrs issued upon exercise by dividing by 10. Appropriate adjustments to reflect the consolidation will also be made to outstanding deferred share units, restricted share units and performance share units granted pursuant to the Omnibus Incentive Plan.
— Summit Midstream Partners, LP (NYSE: SMLP) will report operating and financial results for the 2Q:22 on Thursday 4 Aug. 2022, after the close of trading on the New York Stock Exchange. SMLP will host a conference call at 10am EST on Friday 5 Aug. to discuss its quarterly operating and financial results. Interested parties may participate in the call by dialing 404-400-0571 or toll-free 866-374-5140 and entering the PIN 91939799#.
— Bristow Helicopters Ltd (NYSE: VTOL) inked a £1.6bn 10-yr contract for the Second-Generation Search and Rescue Aviation program by the Maritime and Coastguard Agency (MCA).
— Höegh LNG Partners LP (NYSE: HMLP) said its BODs declared a qtrly cash distribution w/ respect to the qtr ended 30 Jun. 2022, of $0.01/unit for the common units. The cash distribution for the common units will be paid on 12 Aug.to all common unitholders of record as of the close of business on 1 Aug. The BODs also declared a cash distribution of $0.546875 per 8.75% Series A preferred unit. The cash distribution for the preferred units will be paid on 15 Aug. to all 8.75% Series A preferred unitholders of record as of the close of the business on 8 Aug., the co. revealed 21 Jul. 2022 in an official stmt.
By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.