Toronto Stock Exchange

Brookfield Announces Reset Dividend Rate on Its Series 30 and Series 48 Preference Shares

Retrieved on: 
Saturday, December 3, 2022

BROOKFIELD, NEWS, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Brookfield (NYSE: BAM, TSX: BAM.A) today announced that it has determined the fixed dividend rate on its Cumulative Class A Preference Shares, Series 30 (“Series 30 Shares”) (TSX: BAM.PR.Z) for the five years commencing January 1, 2023 and ending December 31, 2027, and also determined the fixed dividend on its Cumulative Class A Preference Shares, Series 48 (“Series 48 Shares”) (TSX: BAM.PF.J) for the five years commencing January 1, 2023 and ending December 31, 2027. As previously disclosed, the Series 30 Shares and Series 48 Shares are expected to commence trading on the TSX under the updated symbols “BN.PR.Z” and “BN.PF.J”, respectively, on December 12, 2022.

Key Points: 
  • BROOKFIELD, NEWS, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Brookfield (NYSE: BAM, TSX: BAM.A) today announced that it has determined the fixed dividend rate on its Cumulative Class A Preference Shares, Series 30 (Series 30 Shares) (TSX: BAM.PR.Z) for the five years commencing January 1, 2023 and ending December 31, 2027, and also determined the fixed dividend on its Cumulative Class A Preference Shares, Series 48 (Series 48 Shares) (TSX: BAM.PF.J) for the five years commencing January 1, 2023 and ending December 31, 2027.
  • Holders of Series 30 Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on December 16, 2022, to convert all or part of their Series 30 Shares, on a one-for-one basis, into Cumulative Class A Preference Shares, Series 31 (the Series 31 Shares), effective December 31, 2022.
  • Holders of Series 30 Shares are not required to elect to convert all or any part of their Series 30 Shares into Series 31 Shares.
  • As provided in the share conditions of the Series 30 Shares, (i) if Brookfield determines that there would be fewer than 1,000,000 Series 30 Shares outstanding after December 31, 2022, all remaining Series 30 Shares will be automatically converted into Series 31 Shares on a one-for-one basis effective December 31, 2022; and (ii) if Brookfield determines that there would be fewer than 1,000,000 Series 31 Shares outstanding after December 31, 2022, no Series 30 Shares will be permitted to be converted into Series 31 Shares.

Parex Resources to Hold Investor Presentation in Bogotá, Colombia

Retrieved on: 
Friday, December 2, 2022

CALGARY, Alberta, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (Parex or the Company) (TSX: PXT) will hold an investor presentation on December 6, 2022, beginning at 1:30 pm EST (11:30 am MST) in Bogot, Colombia.

Key Points: 
  • CALGARY, Alberta, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (Parex or the Company) (TSX: PXT) will hold an investor presentation on December 6, 2022, beginning at 1:30 pm EST (11:30 am MST) in Bogot, Colombia.
  • The presentation will focus on the Companys strategy, operations, and future opportunities in Colombia.
  • Parex presenters will include:
    Mike Kruchten Senior Vice President, Capital Markets & Corporate Planning
    Katie Bernard Vice President, New Ventures
    Ian Zapfe-Smith Vice President, Exploration
    The presentation will be available via webcast.
  • Parex is the largest independent oil and gas company in Colombia, focusing on sustainable, conventional production.

Guardian Capital Announces Estimated Annual 2022 Special Distributions for Guardian Capital ETFs

Retrieved on: 
Friday, December 2, 2022

In all cases, the Special Distributions (if any) will be reinvested on or about December 30, 2022 to unitholders of record on December 29, 2022.

Key Points: 
  • In all cases, the Special Distributions (if any) will be reinvested on or about December 30, 2022 to unitholders of record on December 29, 2022.
  • This press release contains forward-looking statements with respect to the estimated Special Distributions for the Guardian Capital ETFs.
  • Material factors that could cause the actual Special Distributions to differ from the estimated Special Distributions between now and the Guardian Capital ETFs tax year-ends include, without limitation: the actual amounts of distributions received by the Guardian Capital ETFs; the actual amount of capital gains generated from sales of securities; and subscription and redemption activity in the Guardian Capital ETFs.
  • Guardian Capital LP is the manager and portfolio manager of the Guardian Capital Funds and Guardian Capital ETFs, with capabilities that span a range of asset classes, geographic regions and specialty mandates.

Brookfield Office Properties Announces Reset Dividend Rate and Conversion Privileges on Its Class AAA Series II Preference Shares

Retrieved on: 
Friday, December 2, 2022

BROOKFIELD NEWS, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the reset dividend rate on its Class AAA Preference Shares, Series II (“Series II Shares”) (TSX: BPO.PR.I).

Key Points: 
  • BROOKFIELD NEWS, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the reset dividend rate on its Class AAA Preference Shares, Series II (Series II Shares) (TSX: BPO.PR .I).
  • Holders of Series II Shares have the right, at their option, exercisable no later than 5:00 p.m. (Toronto time) on December 16, 2022, to convert all or part of their Series II Shares, on a one-for-one basis, into Class AAA Preference Shares, Series JJ (the Series JJ Shares), effective December 31, 2022.
  • Holders of Series II Shares are not required to elect to convert all or any part of their Series II Shares into Series JJ Shares.
  • As provided in the share conditions of the Series II Shares, (i) if Brookfield determines that there would be fewer than 1,000,000 Series II Shares outstanding after December 31, 2022, all remaining Series II Shares will be automatically converted into Series JJ Shares on a one-for-one basis effective December 31, 2022; and (ii) if Brookfield determines that there would be fewer than 1,000,000 Series JJ Shares outstanding after December 31, 2022, no Series II Shares will be permitted to be converted into Series JJ Shares.

Methanex Makes NZ$2 Million Investment in Neonatal Unit to Support Taranaki, New Zealand Community

Retrieved on: 
Friday, December 2, 2022

The 10-year partnership provides funding for state-of-the-art treatment to care for the most vulnerable newborns and their families.

Key Points: 
  • The 10-year partnership provides funding for state-of-the-art treatment to care for the most vulnerable newborns and their families.
  • As part of this investment, the new unit will be called The Methanex Neonatal Unit and is expected to be completed in 2025.
  • We truly believe in the vision of the Taranaki Health Foundation and the neonatal unit is an area of the hospital that so many of us have had personal experience with, including members of our Methanex New Zealand team, said Stuart McCall, Managing Director of Methanex New Zealand.
  • Our operation in New Zealand employs over 200 people and represents almost 10% of the Taranaki economy.

Globex Option Partner Orford Advances Joutel Exploration

Retrieved on: 
Friday, December 2, 2022

km) in the Joutel Mining Camp (click to Globexs November 30, 2021 press release for option details).

Key Points: 
  • km) in the Joutel Mining Camp (click to Globexs November 30, 2021 press release for option details).
  • Globex is very pleased with the pace and progress made by Orford and looks forward to the January drill program.
  • Globex has acquired a block of 18 claims, the Mistaouac NE Property, tying onto the on-strike extension of the Eagle Northwest claim block where Globex has identified several prospective drill targets.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

The Banker magazine names Scotiabank Canada's Bank of the Year and gives global recognition to ScotiaRISE with the 2022 Banking in the Community Award

Retrieved on: 
Friday, December 2, 2022

TORONTO, Dec. 2, 2022 /CNW/ - Scotiabank announced today that it has been named Bank of the Year in Canada by The Banker magazine and has also received The Banker's global award for Banking in the Community.

Key Points: 
  • TORONTO, Dec. 2, 2022 /CNW/ - Scotiabank announced today that it has been named Bank of the Year in Canada by The Banker magazine and has also received The Banker's global award for Banking in the Community.
  • We are also exceedingly proud that our ScotiaRISE program has been recognized for the real and positive impact it is having on the communities we serve.
  • Notable highlights from this year's recognition include:
    The launch and expansion of the Scene+ loyalty program, which brings together SCENE and Scotia Rewards.
  • To date, ScotiaRISE has supported more than 200 community partners and provided more than $60 million in community investments globally.

Wesdome Establishes At-The-Market Equity Program

Retrieved on: 
Friday, December 2, 2022

TORONTO, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) today announces it has established an at-the-market equity program (the “ATM Program”) allowing Wesdome to issue and sell up to $100 million common shares from treasury (the “Common Shares”) to the public from time to time at the Company’s sole discretion and at the prevailing market price. Sales of the Common Shares under the ATM Program will be made pursuant to the terms of an equity distribution agreement (the “Distribution Agreement”) dated December 2, 2022 entered into among the Company and a syndicate of agents including National Bank Financial, BMO Capital Markets and Desjardins Capital Markets (collectively, the “Agents”). The volume and timing of distributions under the ATM Program, if any, will be determined at the Company’s sole discretion, subject to applicable regulatory limitations.

Key Points: 
  • TORONTO, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (Wesdome or the Company) today announces it has established an at-the-market equity program (the ATM Program) allowing Wesdome to issue and sell up to $100 million common shares from treasury (the Common Shares) to the public from time to time at the Companys sole discretion and at the prevailing market price.
  • The Company currently intends to use the net proceeds, if any, from the ATM Program to repay indebtedness, for working capital, and general corporate purposes.
  • Management of the Company will have discretion with respect to the actual use of the net proceeds of the ATM Program.
  • The TSX has conditionally approved the listing of the Common Shares that may be sold under the ATM Program.

Dundee Corporation Announces Wind-Down of Investment Banking Business

Retrieved on: 
Friday, December 2, 2022

TORONTO, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the Corporation, the Company or Dundee) announced today that, due to market conditions and evolving capital allocation priorities, it has made the decision to wind-down its investment banking efforts at this time.

Key Points: 
  • TORONTO, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the Corporation, the Company or Dundee) announced today that, due to market conditions and evolving capital allocation priorities, it has made the decision to wind-down its investment banking efforts at this time.
  • Dundee extends its sincere appreciation to the banking team for their valuable contributions to the organization and wish them continued success in their future endeavors.
  • Dundee Corporation is a public Canadian independent holding company, listed on the Toronto Stock Exchange under the symbol DC.A.
  • Dundee Corporation does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

AirBoss Announces Intention to Renew Normal Course Issuer Bid

Retrieved on: 
Friday, December 2, 2022

NEWMARKET, Ontario, Dec. 02, 2022 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (the "Company") (TSX:BOS) announced today that the Toronto Stock Exchange ("TSX") has accepted its Notice of Intention to renew its normal course issuer bid for its common shares (the "Bid").

Key Points: 
  • NEWMARKET, Ontario, Dec. 02, 2022 (GLOBE NEWSWIRE) -- AirBoss of America Corp. (the "Company") (TSX:BOS) announced today that the Toronto Stock Exchange ("TSX") has accepted its Notice of Intention to renew its normal course issuer bid for its common shares (the "Bid").
  • The Company has not purchased common shares for cancellation to date over the course of the current Bid.
  • Purchases pursuant to the bid will be conducted by a broker engaged by the Company to make purchases under the Bid in accordance with the applicable policies of the TSX.
  • The Company has entered into an "automatic share purchase plan" to facilitate the repurchase of common shares under the Bid through the designated broker.