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The Dixie Group Reports Financial Results for 2020 DALTON, GA / ACCESSWIRE / March 4, 2021 / The Dixie Group, Inc. (NASDAQ:DXYN) today reported financial results for the year ended December 26, 2020. Despite the unprecedented challenges faced in the COVID-19 pandemic affected year of 2020, we were able to improve our operations, and further strengthen our balance sheet to better position our Company as we entered 2021 with momentum and optimism. We reduced debt by $10 million in 2020 bringing our total debt reduction to $60 million over the last thirty months. We entered into a new $75 million line of credit and two long term loans totaling $25 million. These transactions, along with cost reductions and operating efficiencies in 2020, allowed us to end the year with borrowing availability of $43.3 million under our new Senior Revolving Credit Facility. ....
Florida artist John Sims demands change through art, writing MAGGIE DUFFY, Tampa Bay Times Feb. 28, 2021 FacebookTwitterEmail SARASOTA, Fla. (AP) John Sims creates provocative multimedia and performance works that confront “Confederate iconography as symbols of visual terrorism and white supremacy in the context of African American culture.” That project, called Recoloration Proclamation, has been the Sarasota-based artist, writer and activist’s primary mission for 20 years. It began when the Detroit native moved to Sarasota to teach visual mathematics at the Ringling College of Art and Design. He was stunned by the Confederate flags and memorials he saw in town. Sims inspired a national pushback on Confederate symbols. ....
Dixie Gold Inc. Reports Drill Mobilization at East Preston Uranium Project Dixie Gold or the Corporation ) is pleased to announce that a drill rig and crew have been mobilized on-site to begin the 2021 winter exploration program at the East Preston Uranium Project, located in the southwestern Athabasca Basin, Saskatchewan, Canada. Figure 1: East Preston Uranium Project The East Preston Uranium Project is currently held by Dixie Gold as to 15%, Azincourt Energy Corp. ( Azincourt Energy )(TSXV:AAZ) as to 70% and Skyharbour Resources Ltd. (TSXV:SYH)( Skyharbour ) as to 15% (Dixie Gold, Azincourt and Skyharbour, collectively, the Parties ) (see news release, Dixie Gold Inc. Enters Into Joint-Venture with Azincourt Energy and Skyharbour Resources for East Preston Uranium Project, dated February 17, 2021). The joint-venture agreement contains various customary provisions, including with respect to dilution. ....