Economy of Canada

TELUS wins Fastest Mobile Network in Canada for fifth year in a row

Retrieved on: 
Monday, July 26, 2021
S&P/TSX 60, Network performance, Speedtest.net, Darren Entwistle, Telus, Software, Economy of Canada, Telecommunications

Independent internet speed testing expert Ookla has also named TELUS Canadas Speedtest Award winner for mobile network speed in the first half of 2021, reinforcing its superior network speed and strength across the country.

Key Points: 
  • Independent internet speed testing expert Ookla has also named TELUS Canadas Speedtest Award winner for mobile network speed in the first half of 2021, reinforcing its superior network speed and strength across the country.
  • More than ever, Canadians value a fast, reliable connection, and the consistent recognition from independent, third-party organizations, such as U.S.-based Ookla, reinforces the superiority of TELUS world-leading mobile network, said Darren Entwistle, President and CEO, TELUS.
  • For the fifth year in a row, Ookla has ranked TELUS mobile network as number one in Canada, as our team, including our engineers and network innovators, work diligently to keep Canadians connected to the people and information that matter most.
  • This latest recognition from Ookla adds to the countless accolades TELUS has earned over the years in respect to its world-leading wireless network.

Neptune Announces Annual Shareholders Meeting Date

Retrieved on: 
Monday, July 26, 2021
Shareholders, Neptune Wellness Solutions, Meetings, Neptune, Annual general meeting, Companies of Canada, Economy of Canada, Companies

LAVAL,QC, July 26, 2021 /PRNewswire/ -Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified health and wellness company focused on plant-based, sustainable lifestyle brands, announced the date and record date of its annual general meeting of shareholders.

Key Points: 
  • LAVAL,QC, July 26, 2021 /PRNewswire/ -Neptune Wellness Solutions Inc. ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified health and wellness company focused on plant-based, sustainable lifestyle brands, announced the date and record date of its annual general meeting of shareholders.
  • On August 26that 10:30 am EDT, Neptune will host its annual general meeting of shareholders in a virtual meeting where Neptune management will announce the results of the shareholder votes on issues that will be announced prior to the meeting.
  • The record date for the annual general meeting of shareholders is June 29.
  • Annual meeting materials will be made available in Neptune's public filings on SEDAR ( www.sedar.com ).

Monarch Mining Corporation Announces a $11.25 Million Transaction With Gold Royalty Corp.

Retrieved on: 
Friday, July 23, 2021
Caisse de dépôt et placement du Québec, Economy of Canada, Companies

CDPQs royalty interest will be reduced to a 1% NSR once Monarch repays the $5 million capital invested by CDPQ (see Monarch press release dated May 7, 2020 ).

Key Points: 
  • CDPQs royalty interest will be reduced to a 1% NSR once Monarch repays the $5 million capital invested by CDPQ (see Monarch press release dated May 7, 2020 ).
  • Following the closing of the Transaction, Monarch will have a strengthened balance sheet with approximately $30million in cash and cash equivalents.
  • Gold Royalty Corp. is a gold-focused royalty company offering creative financing solutions to the metals and mining industry.
  • Monarch Mining Corporation (TSX: GBAR) is a fully integrated mining company that owns four advanced projects, including the fully permitted past-producing Beaufor Mine, which has produced more than 1 million ounces of gold over the last 30 years.

NEO Announces Public Markets Debut of the First-Ever G-Corp™

Retrieved on: 
Friday, July 23, 2021
Other Professional Services, Professional services, Finance, Canaccord Genuity, NEO Exchange, Genuity, Finance, Economy of Canada, ONTARIO, the NEO Exchange, Canaccord Genuity G Ventures Corp., THE NEO EXCHANGE, CANACCORD GENUITY G VENTURES CORP.

NEO is excited to announce that Canaccord Genuity G Ventures Corp. (CGGV), a newly-formed Growth Acquisition Corporation (G-Corp), launched today on the NEO Exchange, marking the first-ever G-Corp to go public.

Key Points: 
  • NEO is excited to announce that Canaccord Genuity G Ventures Corp. (CGGV), a newly-formed Growth Acquisition Corporation (G-Corp), launched today on the NEO Exchange, marking the first-ever G-Corp to go public.
  • Having closed a $15,000,000 initial public offering, CGGV is now trading its Class A restricted voting units under the symbol NEO:CGGV.UN .
  • This new listing vehicle augments the opportunities available to support the increased demand by high-potential growth companies to access the public markets.
  • Aequitas Innovations Inc., the parent company of Neo Exchange Inc., has pending applications to register Growth Acquisition Corporation and G-Corp as trademarks.

Cathedral Energy Services and Precision Drilling Announce Business Transaction, Strategic Alliance and Newly Appointed Board Member

Retrieved on: 
Friday, July 23, 2021
Copiapó mining accident, Precision Drilling, Companies, Economy of Canada, Energy industry

CALGARY, Alberta, July 23, 2021 (GLOBE NEWSWIRE) -- Cathedral Energy Services Ltd. (TSX:CET) (Cathedral) and Precision Drilling Corporation (TSX: PD, NYSE: PDS) (Precision) are pleased to announce the closing of Cathedrals acquisition of Precisions directional drilling business (the Transaction) for a purchase price of $6,350,000.

Key Points: 
  • CALGARY, Alberta, July 23, 2021 (GLOBE NEWSWIRE) -- Cathedral Energy Services Ltd. (TSX:CET) (Cathedral) and Precision Drilling Corporation (TSX: PD, NYSE: PDS) (Precision) are pleased to announce the closing of Cathedrals acquisition of Precisions directional drilling business (the Transaction) for a purchase price of $6,350,000.
  • Precision nominee Shuja Goraya, who is currently employed by Precision as their Chief Technology Officer, has been appointed to the Cathedral board of directors.
  • Cathedral Energy Services Ltd., based in Calgary, Alberta is incorporated under the Business Corporations Act (Alberta) and operates in the U.S. under Cathedral Energy Services Inc. Cathedral is publicly traded on the Toronto Stock Exchange under the symbol "CET".
  • Cathedral is a trusted partner to North American energy companies requiring high performance directional drilling services.

Cenovus to hold Q2 conference call and webcast on July 29

Retrieved on: 
Thursday, July 22, 2021
Companies, S&P/TSX 60, Cenovus Energy, Economy of Toronto, CVE, Finance, Economy of Canada, Toronto Stock Exchange, Warrant, New York Stock Exchange, Common Vulnerabilities and Exposures

CALGARY, Alberta, July 22, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will release its 2021 second quarter results on Thursday, July 29.

Key Points: 
  • CALGARY, Alberta, July 22, 2021 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will release its 2021 second quarter results on Thursday, July 29.
  • The news release will provide consolidated second quarter operating and financial information.
  • The company is focused on managing its assets in a safe, innovative and cost-efficient manner, integrating environmental, social and governance considerations into its business plans.
  • Cenovus common shares and warrants are listed on the Toronto and New York stock exchanges, and the companys preferred shares are listed on the Toronto Stock Exchange.

Power Corporation to Announce Second Quarter 2021 Financial Results on August 6, 2021

Retrieved on: 
Thursday, July 22, 2021
Economy of Canada, Companies of Canada, S&P/TSX 60, Power Corporation of Canada, R. Jeffrey Orr, Companies, CNW Group, Toronto Stock Exchange

MONTRAL, July 22, 2021 /CNW Telbec/ - Power Corporation of Canada (TSX: POW) ("Power Corporation") will release its second quarter 2021 financial results on Friday, August 6, 2021, after markets close.

Key Points: 
  • MONTRAL, July 22, 2021 /CNW Telbec/ - Power Corporation of Canada (TSX: POW) ("Power Corporation") will release its second quarter 2021 financial results on Friday, August 6, 2021, after markets close.
  • R. Jeffrey Orr, President and Chief Executive Officer, and Gregory D. Tretiak, Executive Vice-President and Chief Financial Officer, will discuss the results in a conference call and live audio webcast on Monday, August 9, 2021 at 8:30a.m.
  • A webcast archive will also be available on Power Corporation's website.
  • Power Corporation is an international management and holding company that focuses on financial services in North America, Europe and Asia.

RioCan Real Estate Investment Trust appoints Dennis Blasutti as new Chief Financial Officer

Retrieved on: 
Thursday, July 22, 2021
Economy of Toronto, Economy of Canada, RioCan Real Estate Investment Trust, Companies of Canada, Brookfield Asset Management, OMERS, Enwave

TORONTO, July 22, 2021 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (RioCan) (TSX: REI.UN) today announced the appointment of Dennis Blasutti as Chief Financial Officer of RioCan, effective September 7, 2021.

Key Points: 
  • TORONTO, July 22, 2021 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (RioCan) (TSX: REI.UN) today announced the appointment of Dennis Blasutti as Chief Financial Officer of RioCan, effective September 7, 2021.
  • Mr. Blasutti joins RioCan from Brookfield Asset Management where he most recently served as Managing Director, Infrastructure, and Chief Financial Officer for Enwave Energy, Brookfields district energy business, during a period of robust organic growth and capital investment.
  • In his time at Brookfield, Mr. Blasutti also held progressively senior roles, within the corporate finance and infrastructure groups.
  • RioCan is one of Canadas largest real estate investment trusts.

Brookfield Announces Pricing of US$600 Million Green Note Offering and US$250 Million Re-Opening of 3.500% Notes Due 2051

Retrieved on: 
Thursday, July 22, 2021
Brookfield Asset Management, S&P/TSX 60, Brookfield, New York Stock Exchange, Companies, Economy of Canada

BROOKFIELD, NEWS, July 21, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (Brookfield) (TSX: BAM.A, NYSE: BAM) today announced the pricing of a public offering of US$600 million principal amount of senior notes due 2032 (the 2032 notes), which will bear interest at a rate of 2.34% per annum, and the pricing of a US$250 million re-opening of its 3.500% notes due 2051 (the 2051 notes and together with the 2032 notes, the notes).

Key Points: 
  • BROOKFIELD, NEWS, July 21, 2021 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (Brookfield) (TSX: BAM.A, NYSE: BAM) today announced the pricing of a public offering of US$600 million principal amount of senior notes due 2032 (the 2032 notes), which will bear interest at a rate of 2.34% per annum, and the pricing of a US$250 million re-opening of its 3.500% notes due 2051 (the 2051 notes and together with the 2032 notes, the notes).
  • The 2051 notes will form part of the same series as the already outstanding US$500 million principal amount of 3.500% notes due 2051 (the existing notes), which were issued on September 28, 2020.
  • After giving effect to the re-opening, the aggregate principal amount of the series will be US$750 million.
  • The offering is being made only by means of a prospectus supplement relating to the offering of the notes.

Baytex Conference Call and Webcast on Second Quarter 2021 Results to be Held on July 29, 2021

Retrieved on: 
Wednesday, July 21, 2021
Baytex Energy, Petroleum, Calgary, Companies, Economy of Canada

An archived recording of the conference call will be available shortly after the event by accessing the webcast link above.

Key Points: 
  • An archived recording of the conference call will be available shortly after the event by accessing the webcast link above.
  • The conference call will also be archived on the Baytex website at www.baytexenergy.com.
  • Baytex Energy Corp. is an oil and gas corporation based in Calgary, Alberta.
  • Approximately 81% of Baytexs production is weighted toward crude oil and natural gas liquids.