Toronto Stock Exchange

Brookfield Announces Reset Dividend Rate on its Series 34 Preference Shares

Retrieved on:

Monday, March 4, 2024

TSX, Toronto Stock Exchange, Government, Government of Canada, Series, NEWS, Security (finance)

BROOKFIELD, NEWS, March 04, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that it has determined the fixed dividend rate on its Cumulative Class A Preference Shares, Series 34 (“Series 34 Shares”) (TSX: BN.PF.B) for the five years commencing April 1, 2024 and ending March 31, 2029.

Key Points:

BROOKFIELD, NEWS, March 04, 2024 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced that it has determined the fixed dividend rate on its Cumulative Class A Preference Shares, Series 34 (“Series 34 Shares”) (TSX: BN.PF.B) for the five years commencing April 1, 2024 and ending March 31, 2029.
Holders of Series 34 Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on March 18, 2024, to convert all or part of their Series 34 Shares, on a one-for-one basis, into Cumulative Class A Preference Shares, Series 35 (the “Series 35 Shares”), effective March 31, 2024.
Holders of Series 34 Shares are not required to elect to convert all or any part of their Series 34 Shares into Series 35 Shares.
As provided in the share conditions of the Series 34 Shares, (i) if Brookfield determines that there would be fewer than 1,000,000 Series 34 Shares outstanding after March 31, 2024, all remaining Series 34 Shares will be automatically converted into Series 35 Shares on a one-for-one basis effective March 31, 2024; and (ii) if Brookfield determines that there would be fewer than 1,000,000 Series 35 Shares outstanding after March 31, 2024, no Series 34 Shares will be permitted to be converted into Series 35 Shares.

Clairvest Announces New Normal Course Issuer Bid

Retrieved on:

Monday, March 4, 2024

Acquisition, TSX, Toronto Stock Exchange, CVG, Corporation, Security (finance)

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today announced that the Toronto Stock Exchange has accepted a notice filed by Clairvest of its intention to make a new normal course issuer bid (“NCIB”).

Key Points:

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) today announced that the Toronto Stock Exchange has accepted a notice filed by Clairvest of its intention to make a new normal course issuer bid (“NCIB”).
The average daily trading volume for the six months ending February 29, 2024 was 344 common shares.
In total 3,669,832 common shares at a cost of approximately $50 million have been purchased under previous normal course issuer bids.
Outside of these black-out periods, common shares will be purchasable by Clairvest at its discretion under its NCIB, once effective.

Probe Gold Announces Acquisition of the Beaufor and McKenzie Break Properties in Val-d’Or, Quebec

Retrieved on:

Monday, March 4, 2024

Acquisition, PRB, Property, TSX, Toronto Stock Exchange, The McKenzie Break, Val-d'Or, The, Gold, Report, GOLD, Agreement, Superior court

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce that it has entered into a definitive purchase agreement (the “Agreement”) with Monarch Mining Corporation (“Monarch”), pursuant to which Probe has agreed to acquire a 100% interest in the McKenzie Break and Beaufor properties (collectively, the “Property”). The Property acquisition will extend the Company’s land package adjacent and immediately to the north of the Company’s Novador Project (“Novador”) (see figure 1) and will increase Probe’s landholdings in Val-d’Or to 685 square kilometres. The closing of the transaction is expected to occur in the coming weeks and is contingent upon receipt of all necessary court, regulatory and other approvals, including approval of the Superior Court of Quebec in the Companies’ Creditors Arrangement Act proceedings of Monarch, of the Toronto Stock Exchange (“TSX”), and the satisfaction of other closing conditions.

Key Points:

Upon closing of the transaction, Probe will own all of the Courvan Gold Trend, which includes the Courvan, Senore and Beaufor deposits.
The McKenzie Break Property is proximal to the Company's Novador Project and hosts a current, higher-grade indicated gold resource of 146,000 ounces of gold at 3.2 g/t, with an inferred mineral resource of 250,600 ounces of gold at 3.1 g/t.
David Palmer, President and CEO of Probe, states: “The tuck-in acquisition of the Beaufor and McKenzie Break properties is a strategic fit with our current development model in Val-d'Or.
The McKenzie Break property is within trucking distance of Novador and hosts higher-grade gold resources with tremendous exploration upside.

Christina Lake Closes First Tranche of Non-Brokered Private Placement of Secured Convertible Notes

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Friday, March 1, 2024

Acquisition, CLB, Toronto Stock Exchange, CLC, Term, CDN, Multilateral, Minority, Offering

VANCOUVER, British Columbia, March 01, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) further to the press release dated February 5, 2024, the Company is pleased to announce that it has closed the first tranche (the “First Tranche”) of a non-brokered private placement of secured convertible promissory notes (the “Notes”) in the principal amount of CDN$1,925,000 (the “Offering”).

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VANCOUVER, British Columbia, March 01, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) further to the press release dated February 5, 2024, the Company is pleased to announce that it has closed the first tranche (the “First Tranche”) of a non-brokered private placement of secured convertible promissory notes (the “Notes”) in the principal amount of CDN$1,925,000 (the “Offering”).
The Company issued convertible promissory notes (“Notes”) secured by land and buildings.
Outstanding principal and unpaid interest from the Note is convertible into common shares at a conversion price of $0.05 per common share during the Term.
Certain insiders of the Company participated in the first tranche of the Offering for an aggregate total of $1,355,000 in Notes.

Premier American Uranium to Ring the Opening Bell at the Toronto Stock Exchange

Retrieved on:

Wednesday, February 28, 2024

Toronto Stock Exchange, BNN Bloomberg

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) is pleased to announce that the Company will ring the opening bell at the Toronto Stock Exchange (“TSX”) on Friday, March 1, 2024, at 9:30 AM ET to commemorate its recent listing under the symbol “PUR”.

Key Points:

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Premier American Uranium Inc. (“PUR”, the “Company” or “Premier American Uranium”) (TSXV: PUR) is pleased to announce that the Company will ring the opening bell at the Toronto Stock Exchange (“TSX”) on Friday, March 1, 2024, at 9:30 AM ET to commemorate its recent listing under the symbol “PUR”.
A live webcast of the ceremony is expected to be available beginning shortly before 9:30 AM ET on BNN Bloomberg and on YouTube at https://youtube.com/live/2MzWz_Id0Zw?feature=share .
Tim Rotolo, CEO and Director, commented, “Being listed on Canada’s most senior stock exchange reflects our commitment to creating value for our shareholders and we greatly appreciate the opportunity to ring the opening bell this week.
With uranium fundamentals remaining strong, we are encouraged by the early response from the market since our listing, and look forward leveraging this momentum to advance our uranium portfolio and growth strategy in the U.S.”

Globex Acquires Gold Silver Exploration Target in Nevada, USA

Retrieved on:

Wednesday, February 28, 2024

Quartz, Double standard, Copper, Mining, Peak, GMX, Toronto Stock Exchange, Hydrothermal circulation, HNO3, Horizontal, Hydrogen chloride, Gold, Crescent, Geo, Rest, Lead, Element, C-9, H3BO3, The Red Star, Perchloric acid, AAL, Red star, HF, Silver, ICP-OES, R-40, C-3, AG

Most of the historic production included turquoise (around the porphyry copper occurrence at Crescent Peak), gold, silver, copper and lead.

Key Points:

Most of the historic production included turquoise (around the porphyry copper occurrence at Crescent Peak), gold, silver, copper and lead.
In the early 1980’s the Crescent Mining Ltd. exploited the Rest Mine and extracted gold via a heap leach operation.
Initial historic mining and exploration at the Red Star vein system dates back to the period 1907-1914.
Obtained gold values above 10 ppm and silver above100 ppm were re-analyzed via fire assay of a 30 g subsample and gravimetric determination.

Cenovus to webcast Investor Day 2024

Retrieved on:

Tuesday, February 27, 2024

Marketing, Natural gas, TSX, CVE, Cenovus Energy, Toronto Stock Exchange, Webcast

CALGARY, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will hold its 2024 Investor Day in Toronto on Tuesday, March 5, 2024, at 8:30 a.m.

Key Points:

CALGARY, Alberta, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will hold its 2024 Investor Day in Toronto on Tuesday, March 5, 2024, at 8:30 a.m.
To accommodate a broader audience, the presentation will be webcast.
The webcast and presentation will be available at cenovus.com by registering in advance at the Investors page’s Presentations and events section via the following link.
Cenovus common shares and warrants are listed on the Toronto and New York stock exchanges, and the company’s preferred shares are listed on the Toronto Stock Exchange.

Rogers Sugar Announces a $110 Million Equity Offering to Fund a Portion of its Sugar Capacity Expansion Project

Retrieved on:

Monday, February 26, 2024

Greater Toronto Area, Investment, BMO Capital Markets, Rogers Sugar, TSX, Toronto Stock Exchange, Growth, Sale, Exercise, Concurrency, Private, Indian stock exchange, Equity, Expansion, Underwriting, RSI, Public, Security (finance)

The sale of Common Shares is pursuant to a bought deal public offering (the “Public Offering”) and two concurrent non-brokered private placements (the “Concurrent Private Placements” and, collectively with the Public Offering, the “Equity Offerings”).

Key Points:

The sale of Common Shares is pursuant to a bought deal public offering (the “Public Offering”) and two concurrent non-brokered private placements (the “Concurrent Private Placements” and, collectively with the Public Offering, the “Equity Offerings”).
In addition, longtime Rogers Sugar shareholder Belkorp Industries Inc. (“Belkorp”) has agreed to purchase approximately $10 million of Common Shares, also by way of a concurrent private placement.
The Expansion Project will increase the production capacity of Lantic’s Montreal plant by approximately 20%, or 100,000 metric tonnes.
The total investment for the Expansion Project is estimated at approximately $200 million.

Leading Independent Proxy Advisory Firm ISS Recommends Aeterna Zentaris and Ceapro Securityholders Vote FOR the Arrangement Agreement to Approve the Merger of Equals to Create a Diversified Biopharmaceutical Company

Retrieved on:

Monday, February 26, 2024

TSX, Toronto Stock Exchange, Exercise, Transaction, Aeterna, Avenanthramide, Text, Pharmacy, Proxy, Neutrogena, Aveeno, Research, Management

These revenue streams will be used to support the development of high potential-return products and represent a more diversified value proposition for investors.

Key Points:

These revenue streams will be used to support the development of high potential-return products and represent a more diversified value proposition for investors.
The issuance of Aeterna Zentaris Shares, Transaction Warrants and Replacement Options by Aeterna Zentaris under the Transaction is subject to the approval of a simple majority of the votes cast by Aeterna shareholders at a special meeting of Aeterna Zentaris shareholders.
ISS recommended that Aeterna Zentaris shareholders vote FOR all of these resolutions as part of the Transaction.
Aeterna Zentaris and Ceapro securityholders must vote their proxy before 11:00 a.m. (Eastern time) on March 8, 2024.

Fairfax Announces Acquisition of Additional Orla Shares

Retrieved on:

Monday, February 26, 2024

Head, Suite, TSX, Toronto Stock Exchange, FFH, OLA, Indian stock exchange, Corporate development, National instrument, Fairfax Financial, Related, Insurance, Security (finance)

TORONTO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has acquired, through its insurance company subsidiaries, 800,000 common shares (the “Common Shares”) of Orla Mining Ltd. (TSX: OLA) (“Orla”) at an average price of $4.88 per Common Share, for an aggregate purchase price of approximately $3,903,000 through the facilities of the Toronto Stock Exchange (the “Share Purchase”).

Key Points:

TORONTO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it has acquired, through its insurance company subsidiaries, 800,000 common shares (the “Common Shares”) of Orla Mining Ltd. (TSX: OLA) (“Orla”) at an average price of $4.88 per Common Share, for an aggregate purchase price of approximately $3,903,000 through the facilities of the Toronto Stock Exchange (the “Share Purchase”).
The Share Purchase represents approximately 0.25% of the issued and outstanding Common Shares of Orla and brings Fairfax’s total holdings, through its insurance subsidiaries, of such securities to 55,405,229 Common Shares (or approximately 17.58% of all Common Shares).
Immediately prior to the Share Purchase, Fairfax, through its insurance company subsidiaries, beneficially owned and controlled 54,605,229 Common Shares, representing approximately 17.33% of the issued and outstanding Common Shares of Orla.
Fairfax is a holding company which, through its subsidiaries, is primarily engaged in property and casualty insurance and reinsurance and the associated investment management.