FAD

i-80 Gold Receives Approval to Begin Drilling in the Hilltop Corridor at Ruby Hill

Retrieved on: 
Tuesday, June 27, 2023

Ruby Hill is one of three core assets being advanced by i-80 and is host to high-grade Carlin-Type gold deposits and multiple Carbonate Replacement Deposits (CRD).

Key Points: 
  • Ruby Hill is one of three core assets being advanced by i-80 and is host to high-grade Carlin-Type gold deposits and multiple Carbonate Replacement Deposits (CRD).
  • The consolidation of the "Hilltop Corridor" provides i-80 with a favourable structural trend that measures more than 3 km and is host to multiple historic mines and new gold and polymetallic deposits.
  • Also, high-grade CRD and skarn mineralization has been discovered under alluvial cover in the East Hilltop area.
  • The Company has submitted for approval its plan to develop an underground mine at Ruby Hill with mineralization accessed via a ramp from the Archimedes open pit.

CareTrust REIT Announces First Quarter 2023 Operating Results

Retrieved on: 
Wednesday, May 10, 2023

CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended March 31, 2023, as well as other recent events.

Key Points: 
  • CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter ended March 31, 2023, as well as other recent events.
  • Since quarter end, we have closed on three acquisitions representing 5 facilities for approximately $47 million.
  • During the quarter, CareTrust increased its quarterly dividend from $0.275 to $0.28 per common share.
  • On an annualized basis, the payout ratio was approximately 80% based on first quarter 2023 normalized FFO, and 76% based on normalized FAD.

Clarion Partners Real Estate Income Fund Inc. Announces Funds from Operations

Retrieved on: 
Tuesday, May 9, 2023

Clarion Partners Real Estate Income Fund Inc. (the “Fund”) has announced funds from operations (“FFO”), adjusted funds from operations and funds available for distribution for the period of January 1, 2023 to March 31, 2023.

Key Points: 
  • Clarion Partners Real Estate Income Fund Inc. (the “Fund”) has announced funds from operations (“FFO”), adjusted funds from operations and funds available for distribution for the period of January 1, 2023 to March 31, 2023.
  • FFO is a standard real estate investment trust (“REIT”) industry metric defined by the National Association of Real Estate Investment Trusts (“NAREIT”).
  • The Fund also believes that adjusted FFO (“AFFO”) is a meaningful non-GAAP supplemental disclosure of its operating results.
  • The Fund’s investment manager, Legg Mason Partners Fund Advisor, LLC, is an indirect, wholly-owned subsidiary of Franklin Resources, Inc. (“Franklin Resources”) and the Fund’s investment sub-adviser, Clarion Partners, LLC (“Clarion Partners”), is an indirect, majority-owned subsidiary of Franklin Resources.

i-80 Gold Completes Acquisition - High-Grade FAD Deposit

Retrieved on: 
Monday, May 8, 2023

Once the current infill & expansion drill program is completed, the FAD deposit is expected to add to the Company's impressive resource base.

Key Points: 
  • Once the current infill & expansion drill program is completed, the FAD deposit is expected to add to the Company's impressive resource base.
  • Paycore's common shares are expected to be de-listed from the TSX Venture Exchange ("TSX-V") within three to five business days.
  • Pursuant to the Arrangement, Paycore shareholders received 0.68 of an i-80 common share for each common share of Paycore held.
  • These intervals were subsequently sampled, with highlight results including:
    New 2023 FAD assay results from previously unsampled intervals, true widths estimated 80-95%

Omega Reports First Quarter 2023 Results and Recent Developments

Retrieved on: 
Tuesday, May 2, 2023

Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended March 31, 2023.

Key Points: 
  • Omega Healthcare Investors, Inc. (NYSE: OHI) (the “Company” or “Omega”) announced today its results for the quarter ended March 31, 2023.
  • During the first quarter of 2023, LaVie paid, and Omega recorded, $7.4 million in contractual rent.
  • Healthcare Homes utilized the full £6.7 million deferral for January 2023 through April 2023 rent and resumed full contractual payments in May 2023.
  • Other Industry News – On January 30, 2023, it was announced that the COVID-19 Public Health Emergency (“PHE”) will end on May 11, 2023.

i-80 Gold to Host Annual General Meeting, Investor Day & First Quarter Results

Retrieved on: 
Monday, May 1, 2023

The in-person AGM will begin at 4:00pm EST followed by the Investor Day presentation commencing at 4:30pm EST.

Key Points: 
  • The in-person AGM will begin at 4:00pm EST followed by the Investor Day presentation commencing at 4:30pm EST.
  • The presentation can also be accessed via a conference call and webcast (details below).
  • Investors are invited to attend the event in–person where they can meet and discuss details with members of i-80's Board of Directors and Management Team.
  • The Company expects to release Q1 2023 financial and operating results prior to the AGM on May 9, 2023 and will discuss further at the Investor Day presentation.

i-80 Gold Provides Comprehensive 2023 Exploration & Development Update

Retrieved on: 
Monday, April 3, 2023

Four main initiatives are planned at Ruby Hill for 2023 including a large-scale exploration drilling program, initial economic work for the planned Ruby Deeps underground gold mine, permitting to allow for the commencement of underground development and advanced metallurgical work for the recoveries of gold and polymetallic base metal mineralization for mining and processing planning.

Key Points: 
  • Four main initiatives are planned at Ruby Hill for 2023 including a large-scale exploration drilling program, initial economic work for the planned Ruby Deeps underground gold mine, permitting to allow for the commencement of underground development and advanced metallurgical work for the recoveries of gold and polymetallic base metal mineralization for mining and processing planning.
  • Five drills are currently active focused on expanding mineralization in the primary known zones and also testing several new exploration targets on the property.
  • This underground development will provide improved access for definition drilling of the multiple gold, polymetallic and base metal deposits, test mining and advanced economic studies prior to mining.
  • A detailed metallurgical testing program is being completed for both gold and polymetallic base metal mineralization at Ruby Hill.

i-80 Gold Announces Board-Supported Acquisition of Paycore Minerals

Retrieved on: 
Monday, February 27, 2023

"In the immediate area surrounding the Archimedes pit, we have identified oxide gold, Carlin-type refractory gold, base metal skarn and polymetallic carbonate replacement mineralization.

Key Points: 
  • "In the immediate area surrounding the Archimedes pit, we have identified oxide gold, Carlin-type refractory gold, base metal skarn and polymetallic carbonate replacement mineralization.
  • 1Premiums based on trading on the TSX-V for Paycore and the TSX for i-80.
  • James Gowans, Chairman of Paycore Minerals, states: "The mineralization of these two properties is indicating a massive carbonate replacement system along the fault corridor between the two properties.
  • i-80 and Paycore will hold a joint conference call and webcast on February 27, 2023 at 9:30 am ET to discuss the Transaction.

Physicians Realty Trust Reports Fourth Quarter 2022 Financial Results

Retrieved on: 
Wednesday, February 22, 2023

Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the fourth quarter ended December 31, 2022.

Key Points: 
  • Physicians Realty Trust (NYSE: DOC) (the “Company,” the “Trust,” “we,” “our” and “us”), a self-managed health care real estate investment trust, today announced results for the fourth quarter ended December 31, 2022.
  • Total revenue for the fourth quarter ended December 31, 2022 was $132.6 million, an increase of 14.2% from the fourth quarter 2021.
  • Total expenses for the fourth quarter 2022 were $120.3 million, compared to total expenses of $106.6 million for the fourth quarter 2021.
  • Net income for the fourth quarter 2022 was $11.9 million, compared to net income of $28.3 million for the fourth quarter 2021, a decrease of 57.9%.

CareTrust REIT Announces Fourth Quarter & Full Year 2022 Operating Results

Retrieved on: 
Thursday, February 9, 2023

CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter and year ended December 31, 2022, as well as other recent events.

Key Points: 
  • CareTrust REIT, Inc. (NYSE:CTRE) today reported operating results for the quarter and year ended December 31, 2022, as well as other recent events.
  • CareTrust’s President and Chief Executive Officer, Dave Sedgwick, discussed the business environment and the Company's Q4 results.
  • The Biden administration announced it will end the Public Health Emergency (PHE) related to the Covid-19 pandemic on May 11, 2023.
  • On an annualized basis, the payout ratio was approximately 72% based on fourth quarter 2022 normalized FFO, and 69% based on normalized FAD.