Toronto

Purpose Investments Inc. Announces June Distributions

Samedi, juin 19, 2021 - 12:35am

Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.

Key Points: 
  • Purpose US Preferred Share Fund Non-Currency Hedged ETF Units have both a CAD and USD purchase option.
  • Purpose Investments is an asset management company with more than $11 billion in assets under management.
  • Purpose Investments has an unrelenting focus on client-centric innovation, and offers a range of managed and quantitative investment products.
  • Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Financial, an independent technology-driven financial services company.

Timbercreek Financial Announces ATM Offering

Vendredi, juin 18, 2021 - 10:21pm

TORONTO, June 18, 2021 (GLOBE NEWSWIRE) -- Timbercreek Financial Corp. (TSX: TF) (Timbercreek Financial or the Company) today announced that it has established an at-the-market equity program (the ATM Program) that allows the Company to issue common shares from treasury (Common Shares) having an aggregate gross sales amount of up to $90 million (the Maximum Amount) to the public from time to time, at the Companys discretion.

Key Points: 
  • TORONTO, June 18, 2021 (GLOBE NEWSWIRE) -- Timbercreek Financial Corp. (TSX: TF) (Timbercreek Financial or the Company) today announced that it has established an at-the-market equity program (the ATM Program) that allows the Company to issue common shares from treasury (Common Shares) having an aggregate gross sales amount of up to $90 million (the Maximum Amount) to the public from time to time, at the Companys discretion.
  • The Company is committed to diversifying its sources of capital to fund mortgage originations and enhanced return portfolio investments, said Blair Tamblyn, Chief Executive Officer of Timbercreek Financial.
  • Timbercreek Financial is a leading non-bank, commercial real estate lender providing shorter-duration, structured financing solutions to commercial real estate investors.
  • This news release contains forward-looking statements about Timbercreek Financial, including, but not limited to, anticipated sales of Common Shares through the ATM Program and the proposed use of proceeds from the ATM Program.

KWG Grants Options and Proposes Private Placement of $5 Million Convertible Debenture

Vendredi, juin 18, 2021 - 7:56pm

20,667 options were awarded to the Company's four executive officers, 51,164 to its three non-executive directors and 26,986 to seven consultants.

Key Points: 
  • 20,667 options were awarded to the Company's four executive officers, 51,164 to its three non-executive directors and 26,986 to seven consultants.
  • The options may be exercised at any time prior to their expiry on June 18th, 2026.
  • The Company also announces that it proposes to complete a private placement of debentures convertible at the holder's option at any time or Company's option after the first anniversary date into treasury units at $15 each (a "Unit"), for total proceeds of $5 million.
  • The debentures will bear interest at 12% payable in Units at maturity on June 30, 2023, or upon earlier conversion.

Mount Logan Capital Inc. Reports Results of Election of Directors

Vendredi, juin 18, 2021 - 5:57pm

Ted Goldthorpe, CEO and Chairman of Mount Logan, noted, We are pleased with the active participation of our shareholders in supporting our board members and our broader business plan.

Key Points: 
  • Ted Goldthorpe, CEO and Chairman of Mount Logan, noted, We are pleased with the active participation of our shareholders in supporting our board members and our broader business plan.
  • We aim to ensure continued support through growing our dialogue with existing and prospective shareholders.
  • About Mount Logan Capital Inc.
    Mount Logan Capital Inc. is an alternative asset management company that is focused on public and private debt securities in the North American market.
  • This press release is not, and should not be construed as, an offer to sell or acquire any securities in any jurisdiction.

Hong Kong Tourism Board Debuts Great Outdoors Summer Video Series to Tickle and Titillate the Senses

Vendredi, juin 18, 2021 - 3:22pm

A highlight of the Great Outdoors Hong Kong (GOHK) 2021-2022 summer campaign, four distinctly themed Autonomous Sensory Meridian Response (ASMR) videos will each feature 30-second snapshots of dreamy environmental acoustics heard in far-flung corners of the city.

Key Points: 
  • A highlight of the Great Outdoors Hong Kong (GOHK) 2021-2022 summer campaign, four distinctly themed Autonomous Sensory Meridian Response (ASMR) videos will each feature 30-second snapshots of dreamy environmental acoustics heard in far-flung corners of the city.
  • The videos are designed to stimulate the senses and to heighten ones sensitivity to the harmonic countryside symphonies just a stones throw from the city.
  • For summer, recommendations include kayaking and snorkeling near Hong Kong UNESCO Global Geopark in Sai Kung, the citys back garden.
  • For more information and the full summer video series of Great Outdoors Hong Kong 2021-2022, please visit: www.discoverhongkong.com/ca/explore/great-outdoor/wellness.html
    Videos and images can be accessed via:

Healthcare Special Opportunities Fund Announces June 2021 Quarterly Distribution

Vendredi, juin 18, 2021 - 3:14pm

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
    TORONTO, June 18, 2021 (GLOBE NEWSWIRE) -- (TSX: MDS.UN) LDIC Inc. (the Manager), the manager of Healthcare Special Opportunities Fund (the Fund), a closed-end investment fund, today announces the quarterly distribution of CDN$0.06739 per Class A unit and US$0.06957 per Class U unit.
  • The distribution will be paid on or before July 14, 2021 to unitholders of record on June 30, 2021.
  • For further information please contact:

GoldSpot Discoveries Engaged by Critical Elements Lithium to Apply AI Exploration Technologies at Its Lithium-Tantalum Projects Within the Nemiscau Belt in Quebec

Vendredi, juin 18, 2021 - 1:00pm

"Our engagement with Critical Elements showcases GoldSpot's ability to work with mining leaders across resources to identify new mineral exploration targets," said Denis Laviolette, Executive Chairman and President of GoldSpot.

Key Points: 
  • "Our engagement with Critical Elements showcases GoldSpot's ability to work with mining leaders across resources to identify new mineral exploration targets," said Denis Laviolette, Executive Chairman and President of GoldSpot.
  • Critical Elements Lithium Corporation aspires to become a large, responsible supplier of lithium to the flourishing electric vehicle and energy storage system industries.
  • To this end, Critical Elements Lithium is advancing the wholly owned, high purity Rose lithium project in Quebec.
  • In the race to make discoveries, GoldSpot produces Smart Targets and advanced geological modelling that saves time, reduces costs and provides accurate results.

Predictmedix Inc. Files Registration Statement on Form 20-F With the SEC

Vendredi, juin 18, 2021 - 1:05pm

This news release may contain forward-looking statements and information based on current expectations.

Key Points: 
  • This news release may contain forward-looking statements and information based on current expectations.
  • These statements should not be read as guarantees of future performance or results of the Company.
  • Although such statements are based on management's reasonable assumptions, there can be no assurance that such assumptions will prove to be correct.
  • Persons", as such term is defined in Regulations under the U.S. Securities Act, absent registration or an applicable exemption from such registration requirements.

SRHI Inc. (Three Valley Copper) Confirms Commitment to MTV, Provides Update on Arbitration, and Insight into Proposed Chilean Mining Royalty Legislation

Vendredi, juin 18, 2021 - 1:30pm

The Company also confirms its right and intent, to purchase the remaining minority interest of MTV in October 2021.

Key Points: 
  • The Company also confirms its right and intent, to purchase the remaining minority interest of MTV in October 2021.
  • The Senate Mining Committee of Chile is scheduled to review a controversial mining royalty proposal (the Proposal) in the next few months.
  • While producing under 12,000 tonnes annually, MTV would not be subject to any royalty under either the current legislation or the Proposal.
  • You should not place undue importance on forward-looking information and should not rely upon this information as of any other date.

New Commerce Split: Capital Share Reinstates Distributions and Monthly Payments Declared for Preferred Shares

Vendredi, juin 18, 2021 - 2:00pm

TORONTO, June 18, 2021 (GLOBE NEWSWIRE) -- New Commerce Split (The "Company") declares a monthly distribution of $0.05000 per share for Capital shareholders (YCM), and its regular monthly distribution of $0.02500 per share ($0.30 annually) for Class I Preferred shareholders (YCM.PR.A), and $0.03125 per share ($0.375 annually) for Class II Preferred shareholders (YCM.PR.B).

Key Points: 
  • TORONTO, June 18, 2021 (GLOBE NEWSWIRE) -- New Commerce Split (The "Company") declares a monthly distribution of $0.05000 per share for Capital shareholders (YCM), and its regular monthly distribution of $0.02500 per share ($0.30 annually) for Class I Preferred shareholders (YCM.PR.A), and $0.03125 per share ($0.375 annually) for Class II Preferred shareholders (YCM.PR.B).
  • The Class I Preferreds are paid at an annual rate of 6.00% based on their $5 repayment amount.
  • Class II Preferreds are paid at an annual rate of 7.50% based on their $5 repayment amount.
  • The Company invests in common shares of Canadian Imperial Bank of Commerce, a Canadian financial institution.