Toronto Stock Exchange

Precision Announces Renewal of Normal Course Issuer Bid

Retrieved on: 
Thursday, September 14, 2023
Indian stock exchange, PD, Toronto Stock Exchange, Calendar, CAD, Acquisition, PDS, Precision Drilling, TSX, NYSE, Security (finance)

CALGARY, Alberta, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) announced today that the Toronto Stock Exchange (the “TSX”) has approved its intention to implement a normal course issuer bid (“NCIB”) for a portion of its common shares (“Common Shares”).

Key Points: 
  • CALGARY, Alberta, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Precision Drilling Corporation (“Precision” or the “Company”) (TSX:PD; NYSE:PDS) announced today that the Toronto Stock Exchange (the “TSX”) has approved its intention to implement a normal course issuer bid (“NCIB”) for a portion of its common shares (“Common Shares”).
  • Precision believes the NCIB continues to represent another tool for the Company to enhance the value of its underlying shares.
  • The Company intends to enter into an automatic securities purchase plan effective September 19, 2023 under which its broker may purchase Common Shares in connection with the NCIB.
  • The plan will contain a prearranged set of criteria in accordance with which its broker may make Common Share purchases.

Freehold Royalties Ltd. Declares Dividend for September 2023

Retrieved on: 
Thursday, September 14, 2023
TSX, Toronto Stock Exchange, FRU, Holding company, Freehold, CDN

CALGARY, Alberta, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn.

Key Points: 
  • CALGARY, Alberta, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn.
  • $0.09 per common share to be paid on October 16, 2023 to shareholders of record on September 29, 2023.
  • Freehold’s focus is on acquiring and managing oil and gas royalties.
  • Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.

Globex – Crater Lake Scandium – Rare Earth Property Update

Retrieved on: 
Thursday, September 14, 2023
Yellow, GMX, Imperial, Geo, Scandium, NI, Toronto Stock Exchange, Matrix digital rain, Rare-earth element, Chicago Mercantile Exchange

Globex holds half the circular geological structure that contains the scandium-rare earth deposit held by Imperial Mining (“Imperial”).

Key Points: 
  • Globex holds half the circular geological structure that contains the scandium-rare earth deposit held by Imperial Mining (“Imperial”).
  • Recently, Globex engaged Terraquest to fly a High Resolution Aeromagnetic and Matrix Digital VLF-EM Survey over the entire Globex property.
  • The Globex claims have numerous showings of scandium and rare earths.
  • Crater Lake Scandium-Rare Earth Property, Aeromag with Mineralized Surface Showings
    Yellow line outlines Globex claims.

Vanguard Announces Cash Distributions For The Vanguard ETFs (VUN and VUS)

Retrieved on: 
Thursday, September 14, 2023
Canada, TSX, Toronto Stock Exchange, Cryptocurrency, Security (finance)

TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Vanguard Investments Canada Inc. today announced the final September 2023 cash distributions for certain Vanguard ETFs, listed below, that trade on Toronto Stock Exchange (TSX).

Key Points: 
  • TORONTO, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Vanguard Investments Canada Inc. today announced the final September 2023 cash distributions for certain Vanguard ETFs, listed below, that trade on Toronto Stock Exchange (TSX).
  • Unitholders of record on September 22, 2023 will receive cash distributions payable on September 29, 2023.
  • Details of the “per unit” distribution amounts are as follows:

TerrAscend to Host 2023 Investor Day on October 13th at The Toronto Stock Exchange

Retrieved on: 
Wednesday, September 13, 2023
Senior, Toronto Stock Exchange, Marketing, Webcast, TSX, Growth, Management

TORONTO, Sept. 13, 2023 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis operator, today announced that it will host an Investor Day at the Toronto Stock Exchange (the “TSX”) in Toronto, Ontario, on Friday, October 13, 2023 from 9:30 a.m. to approximately 12:30 p.m.

Key Points: 
  • TORONTO, Sept. 13, 2023 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (TSX: TSND) (OTCQX: TSNDF), a leading North American cannabis operator, today announced that it will host an Investor Day at the Toronto Stock Exchange (the “TSX”) in Toronto, Ontario, on Friday, October 13, 2023 from 9:30 a.m. to approximately 12:30 p.m.
  • Individuals who are interested in attending the event in-person, please email [email protected] .
  • A live webcast and an archived replay will be available on the Investor Relations section of the Company’s website, https://ir.terrascend.com/ .
  • Please allow extra time prior to the start of the event to download any necessary software that may be needed to view the webcast.

Globex Sets Single All-Inclusive Royalty on Chibougamau Independent Properties

Retrieved on: 
Wednesday, September 13, 2023
Letter of intent, GMX, Technical report, DRA, OTCQB, Geo, GMR, LOI, PEA, NI, Toronto Stock Exchange, Technical, Chicago Mercantile Exchange

Under the agreement, Globex will retain a 2% Gross Metal Royalty (GMR) on all the West Block properties rather than royalties ranging from 0% to 3% GMR on select properties.

Key Points: 
  • Under the agreement, Globex will retain a 2% Gross Metal Royalty (GMR) on all the West Block properties rather than royalties ranging from 0% to 3% GMR on select properties.
  • Similarly, Globex will now retain a 2% GMR on all the East Block properties.
  • (View August 14, 2023 Chibougamau Independent press release for details).
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Bird Adds Industrial Recurring Revenue Master Service Agreements In Ontario And Alberta

Retrieved on: 
Tuesday, September 12, 2023
Canadian Nuclear Laboratories Research Facilities, Birds, CNL, Port Hope, History, Master service agreement, Engineering, Toronto Stock Exchange, MCC, TSX, Growth, Legislation, Civil engineering, Bird

Bird has also been awarded a multi-year contract for civil works on sites in the Heartland Region of Alberta by an undisclosed client.

Key Points: 
  • Bird has also been awarded a multi-year contract for civil works on sites in the Heartland Region of Alberta by an undisclosed client.
  • The combined value of the awards is approximately $100 million, to be executed over the next three years.
  • Under the new Master Service Agreement in Alberta, the team will be assigned civil services and projects, including earthworks, concrete works, foundations, and underground scope.
  • Bird has been engaged on assignments in the region since the 1970s, demonstrating a history of industry-leading expertise and a strong client service approach.

ECN Capital Announces Its Intention to Renew Its Normal Course Issuer Bid for Common Shares and Series C Preferred Shares

Retrieved on: 
Tuesday, September 12, 2023
Indian stock exchange, Toronto Stock Exchange, ECN, Series, TSX, ECN Capital, Security (finance), Auction

TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN, ECN.PR.C) (“ECN Capital” or the “Company”) today announced that it has filed notices of intention with the Toronto Stock Exchange (the “TSX”) to renew its normal course issuer bid (the “Common Share Bid”) for its common shares (“Common Shares”) and a normal course issuer bid (the “Series C Preferred Share Bid” and, together with the Common Share Bid, the “Bids”) for the Company’s Cumulative 5-year Minimum Rate Reset Preferred Shares, Series C (“Series C Preferred Shares”).

Key Points: 
  • TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN, ECN.PR.C) (“ECN Capital” or the “Company”) today announced that it has filed notices of intention with the Toronto Stock Exchange (the “TSX”) to renew its normal course issuer bid (the “Common Share Bid”) for its common shares (“Common Shares”) and a normal course issuer bid (the “Series C Preferred Share Bid” and, together with the Common Share Bid, the “Bids”) for the Company’s Cumulative 5-year Minimum Rate Reset Preferred Shares, Series C (“Series C Preferred Shares”).
  • There cannot be any assurance as to how many Common Shares or Series C Preferred Shares, if any, will ultimately be acquired by ECN Capital.
  • ECN Capital’s intention to renew the Series C Preferred Share Bid reflects the Company’s belief that purchasing the Series C Preferred Shares will be accretive to earnings and value per Common Share.
  • Under the Previous Bids, no Common Shares and no Series C Preferred Shares were repurchased by the Company on the open market.

DRI Healthcare Trust Announces C$90 Million Bought Deal Public Offering of Units

Retrieved on: 
Tuesday, September 12, 2023
Unit, Treasury, NOT, FOR, Toronto Stock Exchange, Trust, Underwriting, Sale, RBC Capital Markets, Prospectus, Offering, TSX, Scotiabank, Security (finance)

TORONTO, Sept. 12, 2023 (GLOBE NEWSWIRE) -- DRI Healthcare Trust (TSX: DHT.UN/DHT.U) (the "Trust"), a global leader in providing financing to advance innovation in the life sciences industry, announced today that it has entered into an agreement with a syndicate of underwriters led by Scotiabank, CIBC Capital Markets and RBC Capital Markets (collectively, the “Underwriters”), pursuant to which the Trust will issue from treasury, and the Underwriters will purchase on a “bought deal” basis, 8,200,000 units (the “Units”) of the Trust, at a price of C$11.00 per Unit (the “Offering Price”) for gross proceeds of approximately C$90.2 million (the “Offering”).

Key Points: 
  • The Trust has granted the Underwriters an option (the “Over-Allotment Option”), exercisable in whole or in part, at any time for a period of 30 days from the closing of the Offering, to purchase from the Trust up to an additional 1,230,000 Units at the Offering Price, for additional gross proceeds of approximately C$13.5 million.
  • The Trust intends to use the net proceeds of the Offering to fund its near term pipeline of royalty transactions.
  • The Trust is currently in various stages of negotiations and due diligence with counterparties on several potential royalty transactions that would meet its transaction criteria.
  • Closing of the Offering is expected to occur on or about September 20, 2023, subject to customary conditions including the approval of applicable securities regulatory authorities and the Toronto Stock Exchange.

M&A Partner Valarie Ney Joins Hunton Andrews Kurth in Washington

Retrieved on: 
Tuesday, September 12, 2023
Slate, LLP, University, Toronto Stock Exchange, Disclosure, Skadden, Arps, Slate, Meagher & Flom, Lawyer, Holland & Knight, Acquisition, Bowdoin College, TSX, Virginia Law Review, NYSE, Virginia School for Girls, Pharmaceutical industry, Insurance, Financial services

Washington, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Valarie Ney , an experienced corporate and M&A attorney, has joined Hunton Andrews Kurth LLP as a partner in Washington, D.C. Ney represents clients from a broad array of industries, including the government contracting, pharmaceutical, healthcare, energy, technology and manufacturing sectors.

Key Points: 
  • Washington, Sept. 12, 2023 (GLOBE NEWSWIRE) -- Valarie Ney , an experienced corporate and M&A attorney, has joined Hunton Andrews Kurth LLP as a partner in Washington, D.C. Ney represents clients from a broad array of industries, including the government contracting, pharmaceutical, healthcare, energy, technology and manufacturing sectors.
  • Ney spent more than a decade as a mergers and acquisitions attorney at Skadden, Arps, Slate, Meagher & Flom, LLP.
  • She joins Hunton Andrews Kurth from Holland & Knight, LLP, where she was a partner.
  • “Valarie is an outstanding M&A lawyer who is highly regarded for the strategic and sophisticated counsel she provides to her corporate clients,” said Steve Haas , head of Hunton Andrews Kurth’s M&A team.