Arbor Realty Trust (ABR) Tops Q3 EPS by 9c
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Ashburton Receives Approval for Option Agreement on Buckingham Graphite Project, Announces Drilling
November 6, 2015 8:01 AM ESTVANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 11/06/15 -- ASHBURTON VENTURES INC. (TSX VENTURE: ABR)(FRANKFURT: ARB) ("Ashburton" or the "Company") is pleased to announce that it has received TSX Venture approval to proceed with its option agreement with Cavan Ventures Inc. to earn a 60% interest in the Cavan Buckingham Graphite Project. The Company plans to commence a 2,000 metre drilling program at Buckingham in the coming weeks.
The Buckingham Graphite Property consists of 28 claims in Ranges VIII and IX, Buckingham Township, Quebec which cover an area of 1,683... More
Arbor Realty Trust Reports Third Quarter 2015 Results and Declares Common Stock Dividend
November 6, 2015 8:00 AM ESTThird Quarter Highlights:
Net income of $15.3 million, or $0.30 per diluted common share AFFO of $17.1 million, or $0.34 per diluted common share1 Closed a fifth collateralized securitization vehicle totaling $350 million Redeemed CDO III, completing the delevering of all legacy securitization vehicles Recorded $3.9 million of income from an equity investment distribution Earned $1.4 million of income from residential mortgage equity investments Originated $190 million of new loans GAAP book... More