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Deutsche Bank shares slump to lowest level in 25 years as Merkel rules out state aid
By Julia Bradshaw
The Telegraph, London
Monday, September 26, 2016
Shares in Deutsche Bank have slumped to their lowest level in a quarter of a century following reports over the weekend that Germany's Chancellor Angela Merkel has ruled out any state assistance for the lender, reviving fears that it could become severely undercapitalized.
The reports in Germany's Focus magazine cited discussions that took place between Ms Merkel and Deutsche's chief executive, John Cryan, over the summer. According to Focus, the German government has ruled out any state aid for at least the next 12 months and refused to wade into Deutsche's legal dispute with the U.S. Justice Department. ...
... For the remainder of the report:
http://www.telegraph.co.uk/business/2016/09/26/deutsche-bank-shares-slum...
K92 Mining Shows What 'Fast Track' Really Means
Company Announcement
By Kevin Silva
Market One Media, Vancouver, British Columbia, Canada
via Business News Network, Toronto
September 18, 2016
"Fast-tracking" is an overused phrase in the mining sector. But K92 Mining Inc. (TSX.V: KNT) has demonstrated exactly what that concept means.
Less than four months after going public on May 25, the company has completed additional financings totaling $18.5 million. It also refurbished the mill and mine facilities with enhanced processing capacity and has two drills turning onsite. With all this accomplished, production looks to be just days away.
"The technical team on site has done an excellent job with the production restart, and we are on schedule and on budget," says Director and Chief Operating Officer John Lewins. "With that focus on track, and with the enhanced financial flexibility resulting from our recent financings, we are now looking to target a resource expansion that we believe exists."
K92 has under-promised and over-delivered. ...
... For the remainder of the announcement:
http://www.bnn.ca/k92-shows-what-fast-track-really-means-1.568196
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