Rights

$2 million gift from the Krawczyk Family Foundation breathes new life into Indigenous environmental justice in Canada

Retrieved on: 
Tuesday, January 16, 2024

Alex Krawczyk, daughter of the late philanthropists Honey and Dr. Barry Sherman, is honoured to be supporting environmental legal challenges led by Indigenous Peoples.

Key Points: 
  • Alex Krawczyk, daughter of the late philanthropists Honey and Dr. Barry Sherman, is honoured to be supporting environmental legal challenges led by Indigenous Peoples.
  • "I believe it is important for Canadians to recognize the inherent rights and sovereignty of Indigenous Nations, as well as to support self-determination and long-overdue justice for Indigenous Peoples," says Krawczyk.
  • While Indigenous Nations in Canada have some of the strongest environmental rights in the world, those rights are only meaningful if they can be upheld in court."
  • The Krawczyk Family Foundation's gift injects new life into the growing movement to realize Indigenous rights and advance reconciliation in Canada.

DIRTT Announces Closing of Rights Offering

Retrieved on: 
Tuesday, January 9, 2024

CALGARY, Alberta, Jan. 09, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today the successful completion of its previously announced rights offering to its common shareholders for aggregate gross proceeds of C$30,000,000 (the “Rights Offering”).

Key Points: 
  • CALGARY, Alberta, Jan. 09, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today the successful completion of its previously announced rights offering to its common shareholders for aggregate gross proceeds of C$30,000,000 (the “Rights Offering”).
  • Under the Rights Offering, DIRTT issued 85,714,285 common shares of the Company (“Common Shares”) at a price of C$0.35 per whole Common Share for aggregate gross proceeds of C$30,000,000.
  • To the knowledge of the Company, after reasonable inquiry, no person that was not an insider of DIRTT before the Rights Offering became an insider as a result of the distribution of Common Shares under the Rights Offering.
  • As of the closing date of the Rights Offering, there were 191,091,952 Common Shares issued and outstanding.

HR Technology Conference & Exposition® Virtual Returns Next Month with Big Insights from Industry Voices

Retrieved on: 
Tuesday, January 9, 2024

Attendees will learn to use strategic decision-making to make good selection and purchasing choices and drive better HR outcomes.

Key Points: 
  • Attendees will learn to use strategic decision-making to make good selection and purchasing choices and drive better HR outcomes.
  • That afternoon, Dr. Amy Dufrane, CEO of HRCI, will deliver “The Interplay of People and Technology,” looking at what HR professionals need to do to support organizational objectives while collaborating with other business functions.
  • Conference chair Jeanne Achille said, “Moving into 2024, we’re seeing an increasing focus on the role of the HR professional and the expanding value they deliver to their organizations, alongside the business outcomes that exciting new and evolving HR technologies offer.
  • To secure a complimentary ticket, visit www.hrtechnologyconference.com/virtual .

GonzoBanker Awards Recognize the 'Extraordinarily Good' and 'Not-So-Good' in the Banking and Fintech Industries

Retrieved on: 
Thursday, January 11, 2024

GonzoBanker of the Year (Regional Bank): Huntington Bancshares Chairman and CEO Steve Steinour.

Key Points: 
  • GonzoBanker of the Year (Regional Bank): Huntington Bancshares Chairman and CEO Steve Steinour.
  • GonzoBanker of the Year (Mid-Size Bank): David Findlay, CEO of Lakeland Financial, for executing the timeless principles of capital management, credit quality, efficiency and customer service.
  • The "Giant Sucking Sound" Award: The swell of $1 trillion leaving banking and ballooning money market mutual funds.
  • Kevin Blair and the team at Synovus lean into transformation and they exude a culture that still loves the practice of relationship banking.

OSC announces Seniors Expert Advisory Committee members for 2024

Retrieved on: 
Wednesday, January 10, 2024

TORONTO, Jan. 10, 2024 /CNW/ - The Ontario Securities Commission (OSC) today announced the membership of its Seniors Expert Advisory Committee (SEAC) for the 2024 term.

Key Points: 
  • TORONTO, Jan. 10, 2024 /CNW/ - The Ontario Securities Commission (OSC) today announced the membership of its Seniors Expert Advisory Committee (SEAC) for the 2024 term.
  • First launched in 2016, SEAC has provided valuable insights on and contributions to OSC initiatives supporting seniors, including the development and implementation of the OSC Seniors Strategy.
  • Members provide diverse perspectives on issues and challenges facing older investors, drawing on their expertise in sectors including financial services, law, law enforcement, academia, medicine and seniors' advocacy.
  • The OSC would like to thank former SEAC members Alexis Wenzowski, Harold Geller, James (Jim) Turner, Kavina Nagrani and Keith Sjorgen for their service and contributions.

Eurobattery Minerals commences subscription period in the rights issue and invites to investor meeting

Retrieved on: 
Monday, January 8, 2024

The subscription period in the Rights issue commences today and ends on 22 January 2024.

Key Points: 
  • The subscription period in the Rights issue commences today and ends on 22 January 2024.
  • Due to the above, the Company invites to a digital investor meeting on 15 January 2024 where the Company’s CEO, Roberto García Martínez, will present Eurobattery and answer questions.
  • The CEO of Eurobattery, Roberto García Martínez, will be presenting the Company at an investor meeting on Monday 15 January 2024 between 5:00–6:00 PM CET.
  • The prospectus and subscription form are available on the Company's issue site, https://investors.eurobatteryminerals.com/en/rights-issue-2024/ , during the subscription period.

MIND Technology Announces Deferral of Preferred Stock Dividend

Retrieved on: 
Friday, January 5, 2024

THE WOODLANDS, Texas, Jan. 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that the Company's Board of Directors (the "Board") has elected not to declare a quarterly cash dividend on its 9.00% Series A Cumulative Preferred Stock ("Series A Preferred Stock") for the fourth quarter of its fiscal year ending January 31, 2024.

Key Points: 
  • THE WOODLANDS, Texas, Jan. 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that the Company's Board of Directors (the "Board") has elected not to declare a quarterly cash dividend on its 9.00% Series A Cumulative Preferred Stock ("Series A Preferred Stock") for the fourth quarter of its fiscal year ending January 31, 2024.
  • The Company may defer dividend payments on the Series A Preferred Stock, but the dividend is a cumulative dividend that accrues for payment in the future.
  • The deferral of the dividend on the Series A Preferred Stock for the fourth quarter of the fiscal year ending January 31, 2024 is the sixth quarterly dividend to be deferred.
  • Accordingly, holders of Series A Preferred Stock will have the right to appoint two directors to the Board pursuant to the specific provisions of the Certificate of Designations, Preferences and Rights of MIND Technology, Inc. 9.00% Series A Cumulative Preferred Stock, as amended.

How Canadian courts are taking on climate change

Retrieved on: 
Thursday, January 4, 2024

Courts around the world are increasingly being asked to determine whether governments and Crown corporations are doing enough to address climate change.

Key Points: 
  • Courts around the world are increasingly being asked to determine whether governments and Crown corporations are doing enough to address climate change.
  • In the past few weeks, courts in Belgium and Germany have ordered greater emissions reductions from national governments.
  • It accepts that courts are an appropriate way to resolve the hotly contested issues at the centre of climate policy.

‘Justiciability 101’

  • Justiciability marks the line between what should be decided by courts versus other government branches.
  • In 2012, the same court decided that the federal government’s decision to leave the Kyoto Protocol was also not a matter for the courts.

A turning tide?

  • The first was a youth-led challenge to current federal climate policy based on its disproportionate harms to young people.
  • The second one involved two Wet’suwet’en House groups claiming that federal climate policy violated their rights under the Canadian Charter of Rights and Freedoms.
  • According to the lower court, these challenges were “too political” for courts to resolve and better left to legislators and government officials.
  • The lower court rulings put an early end to both challenges, preventing judicial scrutiny of claims of rights violations.

Perverse incentives?

  • Governments expose themselves to court challenges when they enact laws and regulations, but not when they merely make policy statements.
  • This approach fails to capture how government inaction can itself be a political decision affecting constitutional and other rights.
  • The Federal Court of Appeal’s broader understanding of what constitutes a legal anchor may also alleviate this issue.

The future role of courts

  • Going forward, the increase in cases related to climate change and climate policy will test the balance between courts and other government branches.
  • Now those most suffering the effects of climate change want and need courts to act on climate when governments fail to do so.


Steve Lorteau receives funding from the Social Sciences and Humanities Research Council (SSHRC). Andrew Green receives funding from the Social Sciences and Humanities Research Council (SSHRC).

Canada’s Nature Agreement underscores the need for true reconciliation with Indigenous nations

Retrieved on: 
Thursday, January 4, 2024

The agreement stressed the full collaboration of Indigenous Peoples in alignment with the United Nations Declaration on the Rights of Indigenous Peoples.

Key Points: 
  • The agreement stressed the full collaboration of Indigenous Peoples in alignment with the United Nations Declaration on the Rights of Indigenous Peoples.
  • The Nature Agreement follows a series of historic federal investments in nature conservation over the past several years.
  • Like the previous announcements, the 2023 Nature Agreement includes funding for Indigenous Protected and Conserved Areas, or IPCAs.

Indigenous Protected and Conserved Areas

  • Unlike regular parks and protected areas in Canada, IPCAs are established and maintained by First Nations, Métis and Inuit governments.
  • Indigenous governments establish IPCAs under their own Indigenous laws, while some also choose to pursue protection under Canadian law.
  • IPCAs are varied, but typically support ecological restoration or protection and local economic development while centring Indigenous cultures, languages, knowledge and laws.

Roadblocks to reconciliation

  • Canadian governments continue to grant tenures and licences to companies for logging, mining, fish farms and other impactful activities inside IPCAs against the wishes of Indigenous nations.
  • These actions go against the United Nations Declaration on the Rights of Indigenous Peoples and its foundational principle of free, prior and informed consent.
  • Indigenous governments are sometimes forced to compensate companies by buying out tenures to ensure protection of their IPCAs.
  • This assertion is in spite of the Canadian government’s own guidance for reconciliation and legal pluralism — including the recognition of Indigenous rights and building equal relationships with Indigenous Peoples.

Systemic change will advance reconciliation

  • The challenges IPCAs surface can be embraced as catalysts for reconciliation.
  • It is the kind of transformative work that the Truth and Reconciliation Commission called for in all sectors of society.
  • As such, how Canadian governments and the conservation sector respond to the roadblocks encountered by Indigenous governments advancing IPCAs is crucial.
  • Only by assisting these initiatives can we build meaningful and lasting IPCAs which not only restore and protect ecosystems but also advance reconciliation through Indigenous governance, laws, and knowledge systems.
  • Justine Townsend received funding from the Social Sciences and Humanities Research Council of Canada for her doctoral research.
  • Robin J. Roth receives funding from the Social Sciences and Humanities Research Council of Canada (#895-2019-1019) and is the principal investigator and co-lead of the Conservation Through Reconciliation Partnership.

Eurobattery Minerals publishes EU growth prospectus

Retrieved on: 
Wednesday, January 3, 2024

The Board of Directors of Eurobattery Minerals AB (Nordic Growth Market: BAT and Börse Stuttgart: EBM; in short: “Eurobattery” or the “Company”) decided on a rights issue of units amounting to approximately SEK 29.3 million (the “Rights issue”) on 22 November 2023, which was approved by the Extraordinary General Meeting on 27 December 2023.

Key Points: 
  • The Board of Directors of Eurobattery Minerals AB (Nordic Growth Market: BAT and Börse Stuttgart: EBM; in short: “Eurobattery” or the “Company”) decided on a rights issue of units amounting to approximately SEK 29.3 million (the “Rights issue”) on 22 November 2023, which was approved by the Extraordinary General Meeting on 27 December 2023.
  • Due to the Rights issue, the Board of Directors has prepared a prospectus which has been published today on 3 January 2024.
  • In connection with the Rights issue, the Board of Directors of Eurobattery has prepared an EU growth prospectus which today has been approved and registered by the Swedish Financial Supervisory Authority and subsequently published by the Company.
  • The terms and conditions of the Rights issue are included in the Company's EU growth prospectus.