NEO Exchange

First Trust Launches New Laddered Portfolio of Buffer ETFs (“BUFR”) on Cboe Canada

Retrieved on:

Thursday, May 25, 2023

Professional Services, Finance, AIB (NI), BUFR, Chicago, ETF, NEO Exchange, Trust, Innovation, Charles, Growth, Cboe Global Markets, NEO, Security (finance), Cryptocurrency

Cboe Canada (the new business name of the NEO Exchange) is pleased to welcome back return issuer, FT Portfolios Canada Co. (“First Trust”) with the launch of the First Trust Cboe Vest Fund of Buffer ETFs (Canada) ETF.

Key Points:

Cboe Canada (the new business name of the NEO Exchange) is pleased to welcome back return issuer, FT Portfolios Canada Co. (“First Trust”) with the launch of the First Trust Cboe Vest Fund of Buffer ETFs (Canada) ETF.
Investing in the laddered portfolio of Underlying ETFs will allow the downside protection and cap levels to be reset on a quarterly basis.
“We are excited to partner again with Cboe Canada for the listing of our newest ETF,” said Karl Cheong, Head of Distribution at First Trust Canada.
In Canada, Cboe consistently facilitates close to 20% of all volume traded in Canadian ETFs and close to 15% of all volume traded in Canadian-listed companies.

Fidelity Investments Canada Boosts ETF Lineup

Retrieved on:

Thursday, May 25, 2023

TORONTO, May 25, 2023 /CNW/ - Fidelity Investments Canada ULC (Fidelity) today launched a new exchange-traded fund (ETF) and ETF series , offering financial advisors and investors access to some of Fidelity's active management strategies in a flexible ETF structure.

Key Points:

TORONTO, May 25, 2023 /CNW/ - Fidelity Investments Canada ULC (Fidelity) today launched a new exchange-traded fund (ETF) and ETF series , offering financial advisors and investors access to some of Fidelity's active management strategies in a flexible ETF structure.
Fidelity Greater Canada Fund - Growth of $10,000 since inception, Series F
**Unlike traditional mutual fund series, exchange-traded series (ETF series) are traded on stock exchanges.
Dan Dupont manages Fidelity Canadian Large Cap Fund, Fidelity Global Value Long/Short Fund, Fidelity Concentrated Value Private Pool and, alongside Joel Tillinghast and Kyle Weaver, Fidelity NorthStar® Fund and Fidelity NorthStar® Balanced Fund.
Hugo Lavallée manages Fidelity Climate Leadership Fund™, Fidelity Canadian Opportunities Fund, Fidelity Greater Canada Fund and the equity sub-portfolio of Fidelity Canadian Asset Allocation Fund.

TECPETROL ANNOUNCES PREMIUM ALL-CASH PROPOSAL TO ACQUIRE ALPHA LITHIUM CORPORATION

Retrieved on:

Monday, May 22, 2023

TORONTO, May 22, 2023 /PRNewswire/ -- Tecpetrol Investments S.L. ("Tecpetrol"), a member of the Techint Group of Companies (the "Techint Group"), announced today that it has made a non-binding proposal (the "Offer") to acquire all of the issued and outstanding common shares ("Shares") of Alpha Lithium Corporation (NEO: ALLI) (OTC: APHLF) (German WKN: A3CUW1) ("Alpha" or the "Company") a Canadian incorporated, headquartered and listed company, for cash consideration of C$1.24 per Share (the "Offer Price"). The Offer was presented in a letter that Tecpetrol submitted to the president and chief executive officer of Alpha on May 15, 2023.

Key Points:

The Offer was presented in a letter that Tecpetrol submitted to the president and chief executive officer of Alpha on May 15, 2023.
Alpha refused to consider Tecpetrol's proposal and did not engage with Tecpetrol following discussions between advisors.
Through these exchanges, Tecpetrol indicated an ability to improve the financial terms of its Offer if Alpha would agree to give Tecpetrol access to expedited due diligence so that Tecpetrol could determine an appropriate increase in price based on its findings.
BMO Capital Markets is serving as financial advisor and Davies Ward Phillips & Vineberg LLP is serving as legal advisor to Tecpetrol.

VERSES Announces Proposed Warrant Amendment

Retrieved on:

Friday, May 19, 2023

Finder, Expiration, Policy, NEO Exchange, Artificial intelligence, NEO, Security (finance)

Each Finder Warrant is exercisable at an issue price of $0.80 per Finder Warrant by the holder thereof into one unit of the Company (a “Finder Unit”) for a period of 24 months from the date of issuance.

Key Points:

Each Finder Warrant is exercisable at an issue price of $0.80 per Finder Warrant by the holder thereof into one unit of the Company (a “Finder Unit”) for a period of 24 months from the date of issuance.
Each Finder Unit is comprised of one Class A Subordinate Voting Share of the Company (“Class A Share”) and one-half of one warrant to purchase one Class A Share (a “Finder Unit Warrant”), each Finder Unit Warrant entitling the holder thereof to acquire one Class A Share (a “Finder Unit Warrant Share”) at an exercise price of $1.20 per Finder Unit Warrant Share for a period of 24 months following the date of issuance.
The Expiration Amendment requires shareholder approval in accordance with policy 10.09(2) of the Neo Exchange Inc.’s (“NEO”) listing manual.
The completion of the Expiration Amendment remains subject to receipt of the aforementioned disinterested shareholder approval as well as the acceptance of the NEO.

Abaxx Technologies Announces Share Consolidation

Retrieved on:

Thursday, May 18, 2023

Odyssey, Indian stock exchange, NEO Exchange, Consolidation, DRS, Letter, News, NEO, Security (finance)

TORONTO, May 18, 2023 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO: ABXX) (OTCQX: ABXXF) (the “Company” or “Abaxx”) announces that it intends to complete a consolidation (the “Consolidation”) of its common shares (“Common Shares”) on the basis of three (3) pre-Consolidation Common Shares for one (1) post-Consolidation Common Share. As of the date hereof, there are 73,548,185 Common Shares issued and outstanding. On a post-Consolidation basis, the Company shall have approximately 24,516,061 Common Shares issued and outstanding. It is expected that the Common Shares reflecting the Consolidation will commence trading on the NEO Exchange on or around May 23, 2023. The Company will not be changing its name in connection with the Consolidation. Completion of the Consolidation is subject to the receipt of all necessary regulatory approvals including the approval of the NEO Exchange. Shareholder approval for the Consolidation was obtained at a special meeting of the shareholders held on April 14, 2023.

Key Points:

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated April 26, 2023 to its short form base shelf prospectus dated November 4, 2021
TORONTO, May 18, 2023 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO: ABXX) (OTCQX: ABXXF) (the “Company” or “Abaxx”) announces that it intends to complete a consolidation (the “Consolidation”) of its common shares (“Common Shares”) on the basis of three (3) pre-Consolidation Common Shares for one (1) post-Consolidation Common Share.
It is expected that the Common Shares reflecting the Consolidation will commence trading on the NEO Exchange on or around May 23, 2023.
Any fractional interest in Common Shares resulting from the Consolidation will be rounded down to the nearest whole Common Share.
No action is required by non-registered shareholders (shareholders who hold their common shares through an intermediary) to receive post-Consolidation Common Shares in connection with the Consolidation.

Manulife Investment Management Offers Investors Greater Choice With New Actively Managed Global ETFs

Retrieved on:

Wednesday, May 17, 2023

Professional Services, Finance, Partnership, ETF, NEO Exchange, Charles, Investment management, Investment, Security (finance)

Cboe is excited to welcome Manulife Investment Management Limited (“Manulife Investment Management”) for their first ever listings on Cboe Canada , the new business name of the NEO Exchange.

Key Points:

Cboe is excited to welcome Manulife Investment Management Limited (“Manulife Investment Management”) for their first ever listings on Cboe Canada , the new business name of the NEO Exchange.
With this launch of two new actively managed ETFs, Manulife Investment Management is now the 22nd ETF issuer to list on Cboe Canada.
The two ETFs offer investors exposure to fixed income securities and global equity, providing more options for investors:
“We’re excited to grow our ETF lineup with two new solutions for investors looking for income and diversification opportunities across both equites and fixed income,” said Yanic Chagnon, Head of Investment Product, Canada, Manulife Investment Management.
“Manulife Investment Management is providing investors with greater choice in accessing global markets and it’s an honour to be selected as their listing venue of choice.

Conference Board of Canada Report Confirms Economic Potential of Commercial Space Launch Innovator, Maritime Launch Services

Retrieved on:

Tuesday, May 16, 2023

The Conference Board of Canada (CBOC) expects significant and lasting economic benefits for Nova Scotians and all Canadians as a direct result of investment and innovation in the global space sector.

Key Points:

The Conference Board of Canada (CBOC) expects significant and lasting economic benefits for Nova Scotians and all Canadians as a direct result of investment and innovation in the global space sector.
Specifically, the CBOC’s recently released Economic Impact Study of Maritime Launch Services’ Spaceport Nova Scotia initiative expects North America’s first commercial spaceport will benefit multiple sectors across Canada including: construction, transportation, tourism, and professional, scientific, and technical services.
The Conference Board of Canada report findings confirm Matier’s positive outlook.
In January of this year, the Government of Canada gathered at the Canadian Space Agency to announce plans to modernize existing launch regulations to support the commercial space sector, and to make way for Canadian space sector growth including Canada’s first commercial spaceport.

Cleantech Power Corp. Provides Update on Status of MCTO and Correction on Warrant Amendments

Retrieved on:

Monday, May 15, 2023

WKN, Bank statement, NEO Exchange, Exchange, British Columbia Securities Commission, SEC filing, E43, NP, Warrant, Annual Filing Season Program, National Policy, News, NEO, Security (finance)

The Company reports that the audit is progressing and will provide a further update on the timing of its Annual Filings on or about May 29, 2023.

Key Points:

The Company reports that the audit is progressing and will provide a further update on the timing of its Annual Filings on or about May 29, 2023.
During the MCTO, the general investing public will continue to be able to trade in the Company's listed common shares.
However, the Company's Chief Executive Officer and Chief Financial Officer will not be able to trade in the Company's common shares.
The Warrant Amendments were passed unanimously by the board of directors of the Company.

Tokens.com Reports Financial Results for Q2 2023

Retrieved on:

Thursday, May 11, 2023

For the six months ended March 31, 2023, net income was $23k, compared to $4.0 million for the same period last year.

Key Points:

For the six months ended March 31, 2023, net income was $23k, compared to $4.0 million for the same period last year.
For the six months ended March 31, 2023, revenue earned was $455k, compared to $653k from the same period last year.
On April 26th, 2023, Metaverse Group held a special shareholders meeting and the transaction was approved by the minority shareholders.
An investor call has been scheduled to discuss the Company’s Q2-2023 financial results, hosted by CEO Andrew Kiguel, starting at 10:00 am ET on May 12, 2023.

Cleantech Power Corp. Announces Warrant Amendments

Retrieved on:

Friday, May 5, 2023

WKN, NEO Exchange, Exchange, Warrant, Impaction, Common, NEO, Security (finance)

The Warrant Amendments were passed unanimously by the board of directors of the Company.

Key Points:

The Warrant Amendments were passed unanimously by the board of directors of the Company.
The Impacted Insiders hold an aggregate of approximately 681,515 Warrants representing 1.54% of the Warrants subject to the Warrant Amendments.
PWWR is a diversified investment platform developing affordable, renewable, and reliable power assets and cleantech.
PWWR is well positioned to deliver ‘Power to the People’ in the global energy transition while offering a diversified cleantech growth platform for investors.