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Magnetite Mines Ltd(ASX: MGT) shares are soaring following the release of the company’s (corrected) third-quarter results on Friday afternoon. At the time of writing, the Magnetite Mines share price is trading 10.71% higher at 6.2 cents.
Magnetite Mines initially released its activities and cash flow report shortly after midday on Friday. But within a few hours, the revised version copy hit the market barely 50 minutes before it closed for the week.
Let’s take a look at the mining company’s activities and results for the quarter ended 31 March 2021.
Third-quarter financial results
Magnetite Mines spent $648,000 on exploration, evaluation and the purchasing of equipment over the quarter. It also reported staff and administration costs of $241,000.
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Recent Commercial Real Estate Transactions
Recent commercial real estate transactions in New York.
By Sophia June
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This building in Pelham Bay has a deli, two offices, two apartments, two garages and a parking lot. Credit.Cushman & Wakefield
Recent Sale
The Bronx
This 6,600-square-foot, three-story building in Pelham Bay has a commercial space occupied by a deli, two offices, two apartments (a four-bedroom and a three-bedroom), two garages and a parking lot. It was built in 1931.
Buyer: Akija Lajqi
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Recent Lease
Brooklyn
The founders of the ice cream company Ample Hills are leasing 2,700 square feet in this Prospect Heights building for their next venture, an ice cream shop and production space called the Social. The shop will open on the first floor and partial lower level of this five-story building, which was built in 2018.
Park Tower Group announced an agreement with Pure Green, a fast-growing cold pressed juice and smoothie chain, to open its newest location at Greenpoint Landing, a 22-acre development stretching for half a mile along Brooklyn’s waterfront.
The popular shop, which features a variety of healthy food offerings including wellness shots, smoothies, acai and pitaya bowls, and more, will occupy an 840 s/f storefront at 5 Blue Slip, a space that directly overlooks the recently renovated and expanded Newtown Barge Park and esplanade.
Pure Green at Greenpoint Landing will be the brand’s second Brooklyn location, and is expected to be open to the public starting this summer.
The founders of cult favorite ice-cream brand Ample Hills are
launching a new venture at a new space in Brooklyn.
Jackie Cuscuna and Brian Smith, founders of the beloved ice
cream shop that rocketed to the national stage with flavors like Ooey Gooey
Butter Cake and Nonna D’s Oatmeal Lace, will open the Social, an ice cream shop,
production space and community gathering spot at 816 Washington Avenue in
Prospect Heights.
Peter Schubert, managing director of commercial leasing at TerraCRG, exclusively represented the couple in the lease of the 2,700 s/f space will be home to the Social, which takes its inspiration from the traditional ice cream social and will host parties, classes, and once-monthly events that churn a one-of-a-kind ice cream flavor to raise funds for a local cause.