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Every organisation needs a boost in cash flows to survive the present rough patch. To start with, the government can take simple measures which can release some pressure on company s liquidity.
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While a lot has been done by the government, there is still a long journey ahead to unshackle the economy from impact of COVID-19 and continue on the path of self-reliant India .
The first two Budgets of the Modi government were focused on bringing various reforms with the ambition of making India a $5 trillion economy. However, Budget 2021 is different. It will be presented under the unprecedented testing times of COVID-19 pandemic and its impact on the country s economy.
Valley Republic Bancorp Reports Record Earnings and Growth for 2020
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BAKERSFIELD, Calif., Jan. 27, 2021 /PRNewswire/ Valley Republic Bancorp (the Company ) (OTCQX: VLLX), the parent company of Valley Republic Bank (the Bank ), today announced its financial results for the year ended December 31, 2020.
Highlights for the Year Ended 2020 Compared to the Year Ended 2019:
Net income before tax increased 49.1% to $17.2 million
Net income after tax increased 28.7% to $12.5 million or $2.99 per share
Total assets increased 31.6% to $1.236 billion
Deposits increased 30.8% to $1.084 billion
Loans increased 35.9% to $849 million
Shareholder equity increased 22.6% to $95 million
Book value increased to $22.55 per share
Pretivm Closes Sale of Snowfield Property to Seabridge
Pretivm Closes Sale of Snowfield Property to Seabridge
VANCOUVER, British Columbia, Dec. 17, 2020 Pretium Resources Inc. (TSX/NYSE: PVG) (“Pretivm” or the “Company”) announces that it, along with its wholly-owned subsidiary, Pretium Exploration Inc., has closed the previously announced sale (the “Transaction”) of the Snowfield property (“Snowfield”) to KSM Mining ULC (“KSM Mining”), a wholly-owned subsidiary of Seabridge Gold Inc. (“Seabridge”).
Under the terms of the Agreement, Pretivm has received US$100 million in cash, and will receive further consideration comprised of the following:
A 1.5% net smelter royalty in respect to all production from Snowfield (the “NSR Royalty”).
Pretium Resources Inc: Pretivm Closes Sale of Snowfield Property to Seabridge
VANCOUVER, British Columbia, Dec. 17, 2020 (GLOBE NEWSWIRE) Pretium Resources Inc. (TSX/NYSE: PVG) ( Pretivm or the Company ) announces that it, along with its wholly-owned subsidiary, Pretium Exploration Inc., has closed the previously announced sale (the Transaction ) of the Snowfield property ( Snowfield ) to KSM Mining ULC ( KSM Mining ), a wholly-owned subsidiary of Seabridge Gold Inc. ( Seabridge ).
Under the terms of the Agreement, Pretivm has received US$100 million in cash, and will receive further consideration comprised of the following:
A 1.5% net smelter royalty in respect to all production from Snowfield (the NSR Royalty ).