Rights

Beacon Releases Annual Corporate Social Responsibility Report

Retrieved on: 
Thursday, May 18, 2023

Beacon (Nasdaq: BECN) announced today that it has released its second annual Corporate Social Responsibility (CSR) Report .

Key Points: 
  • Beacon (Nasdaq: BECN) announced today that it has released its second annual Corporate Social Responsibility (CSR) Report .
  • This report provides an expanded, quantified view of Beacon’s Environmental, Social and Governance (ESG) commitments which are rooted in the company’s values.
  • “Our 2022 CSR Report highlights the winning culture we are building which is an integral part of Beacon’s Ambition 2025 strategy,” said Julian Francis, Beacon’s President and CEO.
  • I am proud of our efforts to help our customers BUILD MORE while Putting People First, Making Every Day Safer, and Doing the Right Thing.”
    New in this year’s report we proudly:

Scott Robertson, Lennard Joe, and Paul Robitaille Receive SFI President’s Award for Leadership in Advancing SFI’s Indigenous Relations

Retrieved on: 
Wednesday, May 17, 2023

Scott Robertson, Lennard Joe, and Paul Robitaille were recognized for their foundational, governance, and programmatic contributions in advancing SFI’s Indigenous Relations.

Key Points: 
  • Scott Robertson, Lennard Joe, and Paul Robitaille were recognized for their foundational, governance, and programmatic contributions in advancing SFI’s Indigenous Relations.
  • In his current role as Senior Advisor of Indigenous Relations, Paul is an esteemed member of SFI’s Senior Leadership Team, providing a broad and informed perspective and advancing SFI’s Indigenous Relations.
  • Robitaille has also been instrumental in supporting greater Indigenous rights recognition and relationship building throughout the SFI Network through promoting meaningful and accessible Indigenous Relations training.
  • “I am deeply honoured to receive the SFI President’s Award for Leadership,” said Robitaille.

Strengthening Canada's bail system to help keep communities safe

Retrieved on: 
Tuesday, May 16, 2023

There are specific challenges facing our bail system posed by repeat violent offending, firearms, and other dangerous weapons that need to be addressed.

Key Points: 
  • There are specific challenges facing our bail system posed by repeat violent offending, firearms, and other dangerous weapons that need to be addressed.
  • Bill C-48 proposes to make targeted changes to the Criminal Code's bail regime to ensure our communities stay safe.
  • It is making significant investments to prevent crime and keep communities safe, and address the causes of crime as well.
  • Canadians deserve to be safe and feel safe in their communities and to have confidence that the criminal justice system will protect them and work as intended.

Acacia Research Reports First Quarter 2023 Financial Results

Retrieved on: 
Thursday, May 11, 2023

I am encouraged with the quantity and quality of targets and believe we have the right team and appropriate processes in place.”

Key Points: 
  • I am encouraged with the quantity and quality of targets and believe we have the right team and appropriate processes in place.”
    First Quarter 2023 Financial Summary:
    Total revenues were $14.8 million, compared to $13.5 million in the same quarter last year.
  • The Intellectual Property business generated $4.2 million in licensing and other revenue during the quarter, compared to $2.6 million in the same quarter last year.
  • Acacia owns 64% of MalinJ1, which results in a 26% ownership stake in Viamet Pharmaceuticals, Inc. for Acacia.
  • The Company will host a conference call today, May 11, 2023 at 4:30 p.m. Eastern Time (1:30 p.m. Pacific Time).

Summit Therapeutics Reports Financial Results and Operational Progress for the First Quarter Ended March 31, 2023

Retrieved on: 
Thursday, May 11, 2023

Summit Therapeutics Inc. (NASDAQ: SMMT) ("Summit," "we," or the "Company") today reports its financial results and provides an update on operational progress for the first quarter ended March 31, 2023.

Key Points: 
  • Summit Therapeutics Inc. (NASDAQ: SMMT) ("Summit," "we," or the "Company") today reports its financial results and provides an update on operational progress for the first quarter ended March 31, 2023.
  • The Collaboration and License Agreement with Akeso closed on January 17, 2023 after going effective following customary waiting periods.
  • In exchange for these rights, Summit committed to an upfront payment of $500 million, which was paid in two installments.
  • Operating cash outflow for the three month ended March 31, 2023 and 2022 was $13.1 million and $19.0 million, respectively.

Indigenous women in Northern Canada creating sustainable livelihoods through tourism

Retrieved on: 
Wednesday, May 10, 2023

In summer 2022, the Northern WE in Tourism study invited Indigenous women entrepreneurs from northern Newfoundland and Labrador, northern Québec, Nunavut, the Yukon and Northwest Territories to collaborate on an Indigenous-led and ally-supported research project.

Key Points: 
  • In summer 2022, the Northern WE in Tourism study invited Indigenous women entrepreneurs from northern Newfoundland and Labrador, northern Québec, Nunavut, the Yukon and Northwest Territories to collaborate on an Indigenous-led and ally-supported research project.
  • Over shared stories of lived experiences and examples of best practices, participants discussed the barriers faced by Indigenous women entrepreneurs in the North and their colonial origins.

History of colonization

    • If an Indigenous woman married outside her community, she lost her status.
    • Her children were also denied their right to status, setting the foundation for intergenerational vulnerability and cultural alienation.
    • Almost 1,200 missing and murdered Indigenous women and girls were identified by law enforcement between 1980 and 2012.

Indigenous tourism

    • These conventional systems are not designed to factor the lived realities of Indigenous women into their operations.
    • The complex challenges facing Indigenous women in Canada’s North cannot be resolved in isolation or at the discretion of the entities that created them.
    • Often lacking Western educational requirements, business experience or associated skill sets, Indigenous women experience significant bias in accessing support.
    • And tourism provides a gateway to entrepreneurship for Indigenous women, serving as a catalyst capable of influencing societal behaviour on a broader scale.

Understanding success

    • Success requires healing and understanding the impact of intergenerational trauma.
    • Viewing success through this lens places value on equity, the concept of continuity of culture and Indigenous integration and stewardship of their lands.
    • As Indigenous business owner Joella Hogan put it:
      “I really try to lead my business with the values and teachings that I have been taught.
    • Our Elders give us these teachings so we can be strong Northern Tutchone people and live our lives in a good way.

Marathon Gold and Miawpukek First Nation Enter Into Socio-Economic Agreement

Retrieved on: 
Wednesday, May 10, 2023

TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) and Miawpukek First Nation (“Miawpukek”) are pleased to announce that they have concluded a Socio-Economic Agreement (“SEA” or “Agreement”) concerning the development of the Valentine Gold Project, located in central Newfoundland.

Key Points: 
  • TORONTO, May 10, 2023 (GLOBE NEWSWIRE) -- Marathon Gold Corporation (“Marathon” or the “Company”; TSX: MOZ) and Miawpukek First Nation (“Miawpukek”) are pleased to announce that they have concluded a Socio-Economic Agreement (“SEA” or “Agreement”) concerning the development of the Valentine Gold Project, located in central Newfoundland.
  • The Agreement was signed by Matt Manson, President and CEO of Marathon, and Miawpukek Chief Mi’sel Joe and representatives of the Miawpukek Band Council.
  • The SEA respects Miawpukek’s historic and cultural connections to the lands and waters while establishing a framework for a long-term positive working relationship between Marathon and Miawpukek.
  • This allows Miawpukek and Marathon to continue moving forward in a way that promotes the spirit and intent of Truth and Reconciliation.”

Distribution Solutions Group Announces Commencement of Rights Offering

Retrieved on: 
Tuesday, May 9, 2023

Distribution Solutions Group, Inc. (Nasdaq: DSGR) (“DSG” or the “Company”), a multi-platform specialty distribution company, announced today that it has commenced a subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $100 million.

Key Points: 
  • Distribution Solutions Group, Inc. (Nasdaq: DSGR) (“DSG” or the “Company”), a multi-platform specialty distribution company, announced today that it has commenced a subscription rights offering (“Rights Offering”) pursuant to which it intends to raise gross proceeds of up to approximately $100 million.
  • Holders of subscription rights who hold their shares directly will receive a prospectus, a prospectus supplement, a letter from DSG describing the Rights Offering and a subscription rights certificate.
  • Those holders who intend to exercise their subscription rights and over-subscription rights should review all of these materials, properly complete and execute the subscription rights certificates, and deliver the subscription rights certificates and full payment to Computershare, the subscription agent for the Rights Offering, at the address set forth in the prospectus supplement.
  • A copy of the prospectus, prospectus supplement or further information with respect to the Rights Offering may be obtained by contacting Georgeson LLC, the information agent for the Rights Offering, at (888) 206-5970.

Invacare Holdings Corporation Completes Financial Restructuring and is Well Positioned to Drive Forward in its Transformation

Retrieved on: 
Monday, May 8, 2023

“Invacare is well-positioned to capitalize on global tailwinds in the markets we serve.

Key Points: 
  • “Invacare is well-positioned to capitalize on global tailwinds in the markets we serve.
  • Importantly, I want to express my gratitude to our associates for their unyielding commitment to Invacare.
  • As a result of the reorganization, Invacare Holdings Corporation becomes the new parent company of Invacare’s global operations.
  • In addition, the proceeds will be utilized for general corporate purposes, including working capital and payment of restructuring professional fees.

Algernon Pharmaceuticals Announces Closing of Rights Offering

Retrieved on: 
Friday, May 5, 2023

VANCOUVER, British Columbia, May 05, 2023 (GLOBE NEWSWIRE) -- Algernon Pharmaceuticals Inc. (CSE: AGN) (FRANKFURT: AGW0) (OTCQB: AGNPF) (the “Company” or “Algernon”) a Canadian clinical stage pharmaceutical development company announces that it has closed its previously announced rights offering which expired on April 27, 2023 (the “Rights Offering”).

Key Points: 
  • VANCOUVER, British Columbia, May 05, 2023 (GLOBE NEWSWIRE) -- Algernon Pharmaceuticals Inc. (CSE: AGN) (FRANKFURT: AGW0) (OTCQB: AGNPF) (the “Company” or “Algernon”) a Canadian clinical stage pharmaceutical development company announces that it has closed its previously announced rights offering which expired on April 27, 2023 (the “Rights Offering”).
  • The total number of issued and outstanding Shares of the Company upon completion of the Rights Offering will be 14,550,757, before the exercise of the Warrants.
  • To the knowledge of the Company, after reasonable inquiry, no person became a new shareholder holding more than 10% of the Shares upon closing of the Rights Offering.
  • The proceeds of the Rights Offering are expected to be used for working capital and general corporate purposes and administrative expenses.