Toronto Stock Exchange

TerrAscend Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, March 14, 2024
Private placement, Administration, Absorption, Private, Growth, Sale, Acquisition, G&A, Toronto Stock Exchange, Q2, TSX, GAAP, Internal Revenue Code, Calendar, THC, CAD, Video game

TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- TerrAscend Corp. (“TerrAscend” or the “Company”) (TSX: TSND, OTCQX: TSNDF), a leading North American cannabis company, today reported its financial results for the fourth quarter and full year ended December 31, 2023. All amounts are expressed in U.S. dollars and are prepared under U.S. Generally Accepted Accounting Principles (GAAP), unless indicated otherwise.

Key Points: 
  • Net revenue for the fourth quarter of 2023 was $86.6 million as compared to $69.0 million for the fourth quarter of 2022, representing year-over-year growth of 25.5%.
  • Gross profit margin for the fourth quarter of 2023 was 48.2% as compared to 44.6% in the fourth quarter of 2022.
  • General & Administrative expenses (G&A) for the fourth quarter of 2023 were $27.7 million as compared to $34.5 million in the fourth quarter of 2022.
  • Net cash provided by operating activities was $9.4 million for the fourth quarter of 2023 compared to $7.3 million in the fourth quarter of 2022.

Aura Minerals Announces Normal Course Issuer Bid and Concurrent Buyback Program for Brazilian Depositary Receipts

Retrieved on: 
Thursday, March 14, 2024
Indian stock exchange, BDR, Aura Minerals, Copper, Gold, Policy, Toronto Stock Exchange, Woodwind instrument, TSX, Treasury, CVM, B3, ROAD, Security (finance)

The Company is also announcing the concurrent launch of a buyback program (the "BDR Buyback Program") for its Brazilian depositary receipts (the "BDRs") which are listed on the B3 S.A. – Brasil, Bolsa, Balcão (the "B3"), for the purchase of BDRs by the Company, its subsidiaries or investment vehicles.

Key Points: 
  • The Company is also announcing the concurrent launch of a buyback program (the "BDR Buyback Program") for its Brazilian depositary receipts (the "BDRs") which are listed on the B3 S.A. – Brasil, Bolsa, Balcão (the "B3"), for the purchase of BDRs by the Company, its subsidiaries or investment vehicles.
  • Aura Minerals intends to concurrently launch a buyback program for its BDRs which are listed on the B3.
  • Purchases of BDRs under the BDR Buyback Program are expected to be made by BTG Pactual Corretora de Títulos e Valores Mobiliários S.A. through the facilities of the B3.
  • The BDR Buyback Program is not intended to (i) discontinue the Company's BDR program, or (ii) cancel the Company's registration with CVM as a foreign issuer registered as a category "A" publicly-held company.

Dundee Precious Metals Announces Renewal of Normal Course Issuer Bid

Retrieved on: 
Thursday, March 14, 2024
Indian stock exchange, DPM, Toronto Stock Exchange, RBC Capital Markets, TSX, Auction

TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (the “Company”) announced today that the Toronto Stock Exchange (“TSX”) accepted its notice of intention to renew its normal course issuer bid (the “New Bid”) to purchase certain of its common shares (“Shares”) through the facilities of the TSX.

Key Points: 
  • TORONTO, March 14, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (the “Company”) announced today that the Toronto Stock Exchange (“TSX”) accepted its notice of intention to renew its normal course issuer bid (the “New Bid”) to purchase certain of its common shares (“Shares”) through the facilities of the TSX.
  • The Company commenced a normal course issuer bid (the “Previous Bid”) on March 1, 2023, which terminated on February 28, 2024.
  • Under the Previous Bid, the Company sought and obtained approval to purchase up to 16.5 million Shares, being approximately 9.8% of the Company’s public float as of February 16, 2023.
  • The Company has re-appointed RBC Capital Markets to make any purchases under the New Bid on its behalf.

Timbercreek Financial Announces ATM Offering

Retrieved on: 
Tuesday, March 12, 2024
Indian stock exchange, Growth, Sale, Toronto Stock Exchange, National instrument, TSX, Treasury, National bank, NEWS, Prospectus, Security (finance)

TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company”) today announced that it has re-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 Company’s discretion. The ATM Program is being established pursuant to a prospectus supplement, dated the date hereof (the “Prospectus Supplement”) and filed in all provinces and territories of Canada, to the base shelf prospectus dated March 5, 2024 (the “Base Shelf Prospectus” and collectively with the Prospectus Supplement, the “Prospectus”).

Key Points: 
  • TORONTO, March 12, 2024 (GLOBE NEWSWIRE) -- Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company”) today announced that it has re-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 Company’s discretion.
  • Sales of the Common Shares through the ATM Program will be made pursuant and subject to the terms of an equity distribution agreement dated the date hereof (the “Equity Distribution Agreement”) with National Bank Financial Inc.
  • The ATM Program will be activated at the Company’s discretion and will end on the earlier of the date of distribution of the Maximum Amount and April 6, 2026.
  • Before you invest, you should read the Prospectus and the other documents the Company has filed for more complete information about the Company and the ATM Program.

Eupraxia Pharmaceuticals Announces Pricing of Overnight Marketed Offering of $30 Million

Retrieved on: 
Tuesday, March 12, 2024
Bookrunner, Offering, Telephone, Research, Sale, Toronto Stock Exchange, Bank statement, Prospectus, TSX, Eupraxia, NOT, Security (finance)

VICTORIA, British Columbia, March 12, 2024 (GLOBE NEWSWIRE) -- Eupraxia Pharmaceuticals Inc. ("Eupraxia" or the "Company") (TSX: EPRX), a clinical-stage biotechnology company, today announced that it has priced its previously announced overnight marketed public offering (the “Offering”) of common shares of the Company (the “Shares”). Pursuant to the Offering, Eupraxia will issue 7,317,000 Shares at a price of C$4.10 per Share for gross proceeds of C$30 million.

Key Points: 
  • Pursuant to the Offering, Eupraxia will issue 7,317,000 Shares at a price of C$4.10 per Share for gross proceeds of C$30 million.
  • The Offering is being conducted pursuant to the terms and conditions of an underwriting agreement between the Company and Raymond James Ltd. as sole underwriter and bookrunner (the “Underwriting Agreement”).
  • Closing of the Offering is subject to a number of customary conditions, including approval of the Toronto Stock Exchange.
  • The Offering will be made in Canada only by means of the base shelf prospectus and prospectus supplement.

Bragg Gaming Announces Resignation of Chief Financial Officer

Retrieved on: 
Friday, April 5, 2024
Professional Services, Entertainment, Online, Mobile Entertainment, Finance, Accounting, Casino, Gaming, BRAG, Toronto Stock Exchange, TSX, Chairperson, Growth, CFO, Management

Bragg Gaming Group Inc. ( NASDAQ: BRAG , TSX: BRAG ) (“Bragg” or the “Company”), a global B2B gaming technology and content provider, today announced that Chief Financial Officer (“CFO”) Ronen Kannor has notified Bragg’s board of directors (“Board”) that he will resign from his position to pursue other career opportunities, effective June 3, 2024.

Key Points: 
  • Bragg Gaming Group Inc. ( NASDAQ: BRAG , TSX: BRAG ) (“Bragg” or the “Company”), a global B2B gaming technology and content provider, today announced that Chief Financial Officer (“CFO”) Ronen Kannor has notified Bragg’s board of directors (“Board”) that he will resign from his position to pursue other career opportunities, effective June 3, 2024.
  • Matevž Mazij, Chief Executive Officer and Chair of the Board, commented, “We thank Ronen for his dedication and commitment to Bragg over the past four years and for his unwavering service as a pivotal member of the leadership team.
  • “Special thanks goes to my finance team, who work tirelessly to deliver the positive change and financial growth that the Company continues to achieve.
  • I wish them and all of my colleagues continued success with Bragg now and in the future.”

Tricon Residential Inc. Receives Final Court Approval for Take Private by Blackstone Real Estate

Retrieved on: 
Friday, April 5, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Indian stock exchange, Letter, TCN, Registered, Toronto Stock Exchange, TSX, Arrangement, Investment Canada Act, Transaction

Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that the Ontario Superior Court of Justice (Commercial List) has granted a final order approving its previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc. will acquire all of the outstanding common shares of the Tricon (“Common Shares”) for US$11.25 per Common Share in cash (the “Transaction”).

Key Points: 
  • Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that the Ontario Superior Court of Justice (Commercial List) has granted a final order approving its previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc. will acquire all of the outstanding common shares of the Tricon (“Common Shares”) for US$11.25 per Common Share in cash (the “Transaction”).
  • Completion of the Transaction remains subject to the satisfaction or waiver of certain customary closing conditions, including the receipt of regulatory approval under the Investment Canada Act.
  • Subject to the satisfaction or waiver of all of the conditions to the Transaction, the Transaction is expected to be completed in the second quarter of this year.
  • Exchange Act”).

Molson Coors Beverage Company to Webcast 2024 First Quarter Earnings Conference Call

Retrieved on: 
Tuesday, April 2, 2024
Supply Chain Management, Retail, Food, Beverage, Wine & Spirits, Madri, Conference, Environment, Webcast, Molson Brewery, Toronto Stock Exchange, People & Planet, Coors Brewing Company, TSX, Molson Coors, Drink, Carling Brewery, Beer, Coors Light

Molson Coors Beverage Company (NYSE: TAP, TAP.A; TSX: TPX.B, TPX.A) will host a webcast of the company’s 2024 First Quarter Earnings Conference Call with investors and financial analysts at 11:00 a.m. Eastern Time (9:00 a.m. Mountain Time) on Tuesday, April 30, 2024.

Key Points: 
  • Molson Coors Beverage Company (NYSE: TAP, TAP.A; TSX: TPX.B, TPX.A) will host a webcast of the company’s 2024 First Quarter Earnings Conference Call with investors and financial analysts at 11:00 a.m. Eastern Time (9:00 a.m. Mountain Time) on Tuesday, April 30, 2024.
  • The webcast will be accessible via the Investor Relations page of the Molson Coors Beverage Company website, ir.molsoncoors.com .
  • For over two centuries, Molson Coors Beverage Company has been brewing beverages that unite people to celebrate all life’s moments.
  • To learn more about Molson Coors Beverage Company, visit molsoncoors.com , MolsonCoorsOurImprint.com , or on Twitter though @MolsonCoors .

Pembina Pipeline Corporation Announces Closing of Acquisition of Enbridge’s Interest in Alliance/Aux Sable and Raises 2024 Guidance

Retrieved on: 
Monday, April 1, 2024
Energy, Transport, Logistics, Supply Chain Management, Oil, Gas, Indian stock exchange, Pembina Pipeline, PBA, PPL, Acquisition, Toronto Stock Exchange, TSX, Multimedia, Marketing, Subscription business model, Transaction

Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has completed its previously announced acquisition of Enbridge’s interest in the Alliance, Aux Sable, and NRGreen joint ventures (the "Transaction").

Key Points: 
  • Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE: PBA) is pleased to announce that it has completed its previously announced acquisition of Enbridge’s interest in the Alliance, Aux Sable, and NRGreen joint ventures (the "Transaction").
  • View the full release here: https://www.businesswire.com/news/home/20240328714094/en/
    "We are excited to further enhance our business by increasing our ownership in Alliance and Aux Sable.
  • No further Dividend Equivalent Payment will be paid or is payable to holders of Subscription Receipts in connection with closing of the Transaction.
  • In conjunction with closing, Pembina has updated its 2024 adjusted EBITDA guidance range to $4.05 billion to $4.30 billion (previously $3.725 to $4.025 billion).

Tricon Shareholders Approve Proposed Take Private by Blackstone Real Estate

Retrieved on: 
Thursday, March 28, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Indian stock exchange, Letter, Form 6-K, TCN, Minority, Proxy, Toronto Stock Exchange, Commercial, Meeting, TSX, Arrangement, Investment Canada Act, Transaction, Security (finance)

Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that at its special meeting (“Meeting”) of shareholders of the Company (“Company Shareholders”) held earlier today, Company Shareholders voted to approve the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc. (and together with their respective affiliates, “Blackstone”) will acquire all of the outstanding common shares of Tricon (“Common Shares”) for US$11.25 per Common Share in cash (the “Transaction”).

Key Points: 
  • Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) is pleased to announce that at its special meeting (“Meeting”) of shareholders of the Company (“Company Shareholders”) held earlier today, Company Shareholders voted to approve the previously announced statutory plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) pursuant to which Blackstone Real Estate Partners X, together with Blackstone Real Estate Income Trust, Inc. (and together with their respective affiliates, “Blackstone”) will acquire all of the outstanding common shares of Tricon (“Common Shares”) for US$11.25 per Common Share in cash (the “Transaction”).
  • Of the votes cast at the Meeting with respect to the Arrangement, a total of 208,391,666 Common Shares were voted in favour of the special resolution approving the Arrangement, representing approximately 99.3% of the votes cast by Company Shareholders.
  • The Company’s full report of voting results will be filed under the Company’s issuer profile at www.sedarplus.ca and on Form 6-K at https://www.sec.gov .
  • Tricon intends to seek a final order from the Ontario Superior Court of Justice (Commercial list) to approve the Arrangement on April 5, 2024 (the “Final Order”).