American Gilsonite Posts 1st Quarter 2020 Financial Results

|Apr 30|magazine5 min read

HOUSTON, April 30, 2020 /PRNewswire/ -- American Gilsonite Company (the "Company" or "AGC"), the world's principal commercial miner and processor of uintaite, the unique mineral marketed under its trademark name "Gilsonite," today announced that it posted financial and operating results for the quarter ended March 31, 2020 to the  Company's Intralinks site on April 30, 2020.

The Company will host a conference call for holders of its Subordinated Notes and holders of the Company's common stock on Tuesday, May 5, 2020 at 10:00am ET. Craig Mueller, President and Chief Executive Officer, and Steven Granda, Vice President and Chief Financial Officer, will discuss the Company's financial results and answer questions from the investment community.

A rebroadcast of this conference call will also be available through May 12, 2020. The dial-in information for both the conference call and the rebroadcast has been be posted to the Company's Intralinks website. Participants for the conference call are requested to dial in five to ten minutes prior to the scheduled start time.

Holders of the Company's Subordinated Notes and holders of the Company's common stock who have executed the Stockholders Agreement can request access to the Company's Intralinks site by contacting Michael Herley by email at [email protected] or by phone at 203-308-1409.

About American Gilsonite Company (www.americangilsonite.com)
AGC operates as an industrial minerals company and is the world's primary miner and processor of uintaite, a variety of asphaltite, a specialty hydrocarbon which AGC markets to industrial customers under its registered trademark name "Gilsonite®". Gilsonite is a glossy, black, solid naturally occurring hydrocarbon similar in appearance to hard asphalt and is believed to be found in commercial quantities only in the Uinta Basin in northeastern Utah. Because of its unique chemical and physical properties, Gilsonite has been used in more than 160 products. The Company sells its products to customers in four primary markets: (i) oil and gas, (ii) inks and paints, (iii) foundry and (iv) asphalt. AGC is headquartered in Houston, Texas.

Contact Michael Herley, [email protected] or 203-308-1409

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SOURCE American Gilsonite Company