Economy of Toronto

CIBC supports clients impacted by British Columbia wildfires

Retrieved on: 
Tuesday, July 6, 2021
Canadian Imperial Bank of Commerce, S&P/TSX 60, Economy of Toronto, Financial services, Finance

TORONTO, July 6, 2021 /CNW/ - CIBC announced todayfinancial relief, advice and support to clients and CIBC team members affected by the wildfires spreading acrossBritish Columbia.

Key Points: 
  • TORONTO, July 6, 2021 /CNW/ - CIBC announced todayfinancial relief, advice and support to clients and CIBC team members affected by the wildfires spreading acrossBritish Columbia.
  • "Our thoughts are with our clients and team members who have been impacted by the immense damage caused by the wildfires, " saysPaulo Brazinha, Senior Vice-President and Region Head,British ColumbiaBanking Centres, CIBC.
  • CIBC will offer solutions to clients and team members who have been impacted, including:
    For extended offers for unforeseen situations, clients are encouraged to call 1-888-997-0929 to speak with a CIBC team member.
  • CIBC is a leading Canadian-based global financial institution with 10 million personal banking, business, public sector and institutional clients.

Limestone Welcomes Mr. Alan D. Gaines to Its Board of Directors

Retrieved on: 
Tuesday, July 6, 2021
Economy of Toronto, Toronto Stock Exchange

COLLINGWOOD, Ontario, July 06, 2021 (GLOBE NEWSWIRE) -- The Limestone Boat Company Limited (Limestone) (TSXV:BOAT), announces that Mr. Alan D. Gaines has joined the board of Limestone effective immediately, subject to the approval of the TSX Venture Exchange (the "TSXV").

Key Points: 
  • COLLINGWOOD, Ontario, July 06, 2021 (GLOBE NEWSWIRE) -- The Limestone Boat Company Limited (Limestone) (TSXV:BOAT), announces that Mr. Alan D. Gaines has joined the board of Limestone effective immediately, subject to the approval of the TSX Venture Exchange (the "TSXV").
  • Mr. Gaines specializes in large scale capital formation, mergers and acquisitions, workouts/restructuring, and Board protocol and governance.
  • We are very pleased to have Alan join the Board, bringing a wealth of capital markets and investment banking knowledge to our team.
  • The Limestone Boat Company Limited is the builder of Limestone, Aquasport and Boca Bay brands.

TD Bank Group completes acquisition of electronic fixed income trading business

Retrieved on: 
Tuesday, July 6, 2021
Toronto-Dominion Bank, Economy of Canada, Economy of Toronto, Economy, TD Bank, Toronto Stock Exchange, TD, TD Waterhouse

TORONTO, July 6, 2021 /PRNewswire/ - On July 1, 2021, The Toronto-Dominion Bank ("TD") (TSX:TD)NYSE: TD) completed the previously announced acquisition of Headlands Tech Global Markets, LLC ("Headlands"), a Chicago-based quantitative fixed income trading company.

Key Points: 
  • TORONTO, July 6, 2021 /PRNewswire/ - On July 1, 2021, The Toronto-Dominion Bank ("TD") (TSX:TD)NYSE: TD) completed the previously announced acquisition of Headlands Tech Global Markets, LLC ("Headlands"), a Chicago-based quantitative fixed income trading company.
  • For additional details about the acquisition, please refer to the press release dated March 23, 2021, available here , and at http://td.mediaroom.com .
  • In addition, representatives of the Bank may make forward-looking statements orally to analysts, investors, the media and others.
  • The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank").

Belo Sun Provides a Corporate Update, Announces AGM Voting Results

Retrieved on: 
Tuesday, July 6, 2021
Economy of Toronto, Toronto Stock Exchange, Belo, ONTARIO, Economy of Canada, Companies

TORONTO, July 06, 2021 (GLOBE NEWSWIRE) -- Belo Sun Mining Corp. (Belo Sun or the Company) (TSX:BSX OTCQX:BSXGF) is pleased to provide a corporate update and inform the voting results from the Annual General Meeting of shareholders.

Key Points: 
  • TORONTO, July 06, 2021 (GLOBE NEWSWIRE) -- Belo Sun Mining Corp. (Belo Sun or the Company) (TSX:BSX OTCQX:BSXGF) is pleased to provide a corporate update and inform the voting results from the Annual General Meeting of shareholders.
  • Belo Sun will continue to monitor the situation with our priority being the health and safety of our employees and our surrounding communities.
  • A total of 47.75% of all of the issued and outstanding shares of Belo Sun were represented at the Meeting.
  • Detailed results of the vote for the election of directors held at the Meeting on July 5, 2021 in Toronto, Ontario are set out below.

High Tide Closes Acquisition of Daily High Club

Retrieved on: 
Tuesday, July 6, 2021
Alternative medicine, Online Retail, Retail, Health, Other Health, Specialty, Economy of Toronto, Geodesy, Navigation, Tide, Toronto Stock Exchange

High Tide Inc. (High Tide or the Company) (TSXV: HITI) (Nasdaq: HITI) (FRA: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition of DHC Supply LLC (the Acquisition) operating as Daily High Club (Daily High Club).

Key Points: 
  • High Tide Inc. (High Tide or the Company) (TSXV: HITI) (Nasdaq: HITI) (FRA: 2LYA), a retail-focused cannabis corporation enhanced by the manufacturing and distribution of consumption accessories, is pleased to announce that it has completed the acquisition of DHC Supply LLC (the Acquisition) operating as Daily High Club (Daily High Club).
  • Pursuant to the terms of the acquisition, the total consideration to Daily High Club shareholders for all the issued and outstanding securities of Daily High Club is: (i) 839,820 common shares of High Tide (High Tide Shares) valued at US$6.75 Million (the Share Consideration) on the basis of a deemed price per High Tide Share of CAD$9.92, being equal to the volume weighted average price per High Tide Share on the TSX Venture Exchange for the 10 consecutive trading days preceding the closing of the Transaction (Closing); and (ii) US$3.25 million in cash (collectively with the Share Consideration, the Consideration).
  • In connection with the Closing, Harrison Baum, Chief Executive Officer of Daily High Club, has joined the High Tide team as Director of Digital Marketing to oversee all social media initiatives for High Tide globally.
  • Furthermore, High Tide granted 13,333 stock options (the "Options") to Harrison Baum, exercisable at CAD$9.39 per High Tide Share for a period of three years.

International Zeolite Appoints Market Maker

Retrieved on: 
Monday, July 5, 2021
Economy of Toronto, Toronto Stock Exchange, ITG

Vancouver, British Columbia--(Newsfile Corp. - July 5, 2021) - International Zeolite Corp. (TSXV: IZ) (OTC Pink: IZCFF) (FSE: ZEON) (the "Company") announces, it has engaged the services of Independent Trading Group ("ITG") to provide market-making services.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - July 5, 2021) - International Zeolite Corp. (TSXV: IZ) (OTC Pink: IZCFF) (FSE: ZEON) (the "Company") announces, it has engaged the services of Independent Trading Group ("ITG") to provide market-making services.
  • ITG will trade shares of the Company on the TSX Venture Exchange with the goal of maintaining a reasonable trading market and improving the liquidity of the Company's common shares.
  • Under the agreement, ITG will receive compensation of C$6,000 per month, payable monthly in advance.
  • There are no performance factors contained in the agreement and ITG will not receive shares or options as compensation.

KPS Capital Partners To Sell DexKo To Brookfield Business Partners

Retrieved on: 
Monday, July 5, 2021
Economy of Toronto, Brookfield Asset Management, Companies, Economy of Canada, KPS Capital Partners, Brookfield Business Partners, KPS, Brookfield Renewable Partners

NEW YORK, July 5, 2021 /PRNewswire/ --KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to sell its portfolio company, DexKo Global Inc. ("DexKo" or the "Company"), to Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) together with its institutional partners (collectively "Brookfield") for $3.4 billion.

Key Points: 
  • NEW YORK, July 5, 2021 /PRNewswire/ --KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to sell its portfolio company, DexKo Global Inc. ("DexKo" or the "Company"), to Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) together with its institutional partners (collectively "Brookfield") for $3.4 billion.
  • Brookfield Business Partners L.P. is the flagship listed business services and industrials company of Brookfield Asset Management.
  • KPS acquired DexKo in 2017 from The Sterling Group L.P., who retained a minority ownership stake in the Company.
  • DexKo has become a better business as a result of KPS' investments in our operations and people.

KPS Capital Partners To Sell DexKo To Brookfield Business Partners

Retrieved on: 
Monday, July 5, 2021
Economy of Toronto, Brookfield Asset Management, Companies, Economy of Canada, KPS Capital Partners, Brookfield Business Partners, KPS, Brookfield Renewable Partners

NEW YORK, July 5, 2021 /PRNewswire/ --KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to sell its portfolio company, DexKo Global Inc. ("DexKo" or the "Company"), to Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) together with its institutional partners (collectively "Brookfield") for $3.4 billion.

Key Points: 
  • NEW YORK, July 5, 2021 /PRNewswire/ --KPS Capital Partners, LP ("KPS") announced today that it has signed a definitive agreement to sell its portfolio company, DexKo Global Inc. ("DexKo" or the "Company"), to Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) together with its institutional partners (collectively "Brookfield") for $3.4 billion.
  • Brookfield Business Partners L.P. is the flagship listed business services and industrials company of Brookfield Asset Management.
  • KPS acquired DexKo in 2017 from The Sterling Group L.P., who retained a minority ownership stake in the Company.
  • DexKo has become a better business as a result of KPS' investments in our operations and people.

Brookfield Renewable Announces Intention to Redeem its Series 9 Preferred Units

Retrieved on: 
Friday, July 2, 2021
Companies, Economy of Toronto, Economy of Canada, Brookfield Renewable Partners, Brookfield Asset Management, Brookfield, Renewable energy, Asset management, New York Stock Exchange, Companies listed on the Toronto Stock Exchange, Brookfield Infrastructure Partners

Holders of Series 9 Preferred Units of record as of July 15, 2021 will receive the previously declared final quarterly distribution of $0.359375 per Series 9 Preferred Unit.

Key Points: 
  • Holders of Series 9 Preferred Units of record as of July 15, 2021 will receive the previously declared final quarterly distribution of $0.359375 per Series 9 Preferred Unit.
  • Brookfield Renewable operates one of the worlds largest publicly traded, pure-play renewable power platforms.
  • Investors can access our portfolio either through Brookfield Renewable Partners L.P. (NYSE: BEP; TSX: BEP.UN), a Bermuda-based limited partnership, or Brookfield Renewable Corporation (NYSE, TSX: BEPC), a Canadian corporation.
  • Brookfield Renewable is the flagship listed renewable power company of Brookfield Asset Management, a leading global alternative asset manager with over US$600 billion of assets under management.

Gold79 Announces AGM Results and Stock Option Grant

Retrieved on: 
Friday, July 2, 2021
Economy of Toronto, Economy of Ontario, Toronto Stock Exchange, Economy of Canada

Ottawa, Ontario--(Newsfile Corp. - July 2, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") announces the results of its annual and special shareholder meeting held on June 30, 2021.

Key Points: 
  • Ottawa, Ontario--(Newsfile Corp. - July 2, 2021) - Gold79 Mines Ltd. (TSXV: AUU) ("Gold79" or the "Company") announces the results of its annual and special shareholder meeting held on June 30, 2021.
  • Additionally, the Company announces that its Board of Directors has approved a grant of stock options to officers, directors and consultants of the Company pursuant to the Company's 2020 Stock Option Plan.
  • This stock option grant is subject to acceptance by the TSX Venture Exchange.
  • Gold79 Mines Ltd. is a TSX Venture listed company focused on building ounces in the Southwest USA.