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ASC issues public interest orders in response to criminal fraud conviction against Nickolas Donovan Ellis

Retrieved on: 
Wednesday, March 27, 2024

Ellis was also convicted of three counts of trafficking in forged documents and three counts of identity fraud and was sentenced to seven years in prison.

Key Points: 
  • Ellis was also convicted of three counts of trafficking in forged documents and three counts of identity fraud and was sentenced to seven years in prison.
  • The remaining two fraud convictions stem from bridge financing for a construction project and a business acquisition scheme.
  • An ASC panel found that Ellis' fraud convictions arose from a course of conduct related to securities and that it was in the public interest to issue an order against him under the Securities Act (Alberta).
  • As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

Exro Receives Favourable Recommendations from Leading Proxy Advisory Firms ISS and Glass Lewis in Support of the Share Issuance Resolution in SEA Electric Merger

Retrieved on: 
Wednesday, March 27, 2024

Leading independent proxy advisors ISS and Glass Lewis recommend shareholders vote in favour of the Share Issuance Resolution.

Key Points: 
  • Leading independent proxy advisors ISS and Glass Lewis recommend shareholders vote in favour of the Share Issuance Resolution.
  • ISS and Glass Lewis concluded that Exro's proposed merger with SEA Electric presents advantages for Exro and its shareholders.
  • "We are pleased that the two leading proxy advisory firms, ISS and Glass Lewis, have recommended our shareholders vote "FOR" the Share Issuance Resolution, which we believe will deliver value for our shareholders," said Exro CEO Sue Ozdemir.
  • Review the recent Exro "Ask Me Anything" video where Exro CEO Sue Ozdemir shares responses to shareholders inquiries regarding the proposed merger.

Decision Notice - CIRO Hearing Panel Issues a Decision on Costs in the Matter of Michael Bock

Retrieved on: 
Tuesday, March 26, 2024

CALGARY, AB, March 26, 2024 /CNW/ - A hearing panel of the Canadian Investment Regulatory Organization (CIRO) has issued a decision on costs in the matter of Michael Bock following its Decision on Sanctions, issued on February 7, 2024, available at Re Bock 2024 CIRO 22 .

Key Points: 
  • CALGARY, AB, March 26, 2024 /CNW/ - A hearing panel of the Canadian Investment Regulatory Organization (CIRO) has issued a decision on costs in the matter of Michael Bock following its Decision on Sanctions, issued on February 7, 2024, available at Re Bock 2024 CIRO 22 .
  • Based on the parties' joint cost submissions, the hearing panel ordered Michael Bock to pay $3,000.00 in costs, in addition to other penalties imposed in its Decision on Sanctions.
  • The hearing panel's decision on costs, dated March 20, 2024, is available at:
    Background information regarding the qualifications and disciplinary history, if any, of advisors currently employed by CIRO-regulated investment firms is available free of charge through the AdvisorReport service.
  • CIRO is committed to the protection of investors, providing efficient and consistent regulation, and building Canadians' trust in financial regulation and the people managing their investments.

Cenozon Inc. Now Available in the Microsoft Azure Marketplace

Retrieved on: 
Tuesday, March 26, 2024

CALGARY, AB, March 26, 2024 /PRNewswire-PRWeb/ -- Microsoft Azure customers worldwide now gain access to FINDpro to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies.

Key Points: 
  • Cenozon Inc. today announced the availability of Findpro in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.
  • Findpro, a robust mobile app designed to revolutionize workflow on the oil field, is now available in the Microsoft Azure Marketplace.
  • Cenozon Inc. today announced the availability of Findpro in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.
  • "Microsoft welcomes FINDpro to Azure Marketplace, where global customers can find, try, and buy from among thousands of partner solutions," said Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. "Azure Marketplace and trusted partners like Cenozon help customers do more with less by increasing efficiency, buying confidently, and spending smarter."

Annals of Family Medicine: New Research Demonstrates That a Highly Successful Electronic Health Record (EHR) Optimization Can Be Conducted at the Departmental Level

Retrieved on: 
Tuesday, March 26, 2024

This collaborative effort not only showcases a successful department-level quality improvement process but also sets the stage for health care systems nationwide to reimagine their relationship with technology.

Key Points: 
  • This collaborative effort not only showcases a successful department-level quality improvement process but also sets the stage for health care systems nationwide to reimagine their relationship with technology.
  • Through the formation of eight multidisciplinary workgroups focusing on specific workflow problems, the department successfully identified and implemented 124 EHR-related optimizations.
  • Helping Health Care Leadership Reimagine a Healthy EHR Relationship ," underscores the need for a radical shift in health care systems' approach to technology.
  • By prioritizing user training and technological investment, health care systems can transform EHRs from sources of frustration into powerful tools for enhancing care delivery and clinician well-being.

High Tide to Open Fourth Canna Cabana in Mississauga, Ontario

Retrieved on: 
Tuesday, March 26, 2024

This opening will mark High Tide's 167th Canna Cabana branded cannabis retail location in Canada, the 58th in the province of Ontario and the 4th in Mississauga.

Key Points: 
  • This opening will mark High Tide's 167th Canna Cabana branded cannabis retail location in Canada, the 58th in the province of Ontario and the 4th in Mississauga.
  • Situated close to well-travelled roadways, this Canna Cabana will benefit from the many residents who come through this plaza to run their daily errands and will welcome new and existing ELITE and Cabana Club members.
  • "I am thrilled to announce another Canna Cabana opening in Mississauga in rapid succession.
  • ELITE upgrades have been growing at their fastest pace to date, with Canna Cabana quickly becoming a household name in Canada.

BOARDWALK REIT ANNOUNCES TRANSITION OF CHIEF FINANCIAL OFFICER ROLE

Retrieved on: 
Monday, March 25, 2024

Lisa's distinguished career at Boardwalk began 16 years ago, culminating in serving as the Trust's Chief Financial Officer since 2020.

Key Points: 
  • Lisa's distinguished career at Boardwalk began 16 years ago, culminating in serving as the Trust's Chief Financial Officer since 2020.
  • Following a transition period under Lisa's continued mentorship prior to her departure, Gregg Tinling will assume the role of Chief Financial Officer of the Trust.
  • Gregg is a Chartered Professional Accountant (CPA CA) and has worked closely with Lisa since rejoining Boardwalk in 2020, ensuring a smooth transition towards continued financial strength for the Trust.
  • Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities.

Innocan Pharma paves its way to LPT-CBD Chemistry, Manufacturing and Controls (CMC), key milestones for FDA approval.

Retrieved on: 
Monday, March 25, 2024

To date, Innocan has focused on the development and characterization of LPT-CBD to achieve its long-term release and effectiveness.

Key Points: 
  • To date, Innocan has focused on the development and characterization of LPT-CBD to achieve its long-term release and effectiveness.
  • Innocan is now initiating the following essential development steps that are expected to move LPT-CBD to a pharmaceutical-grade product that must be qualified by the FDA for both the clinical and marketing phases:
    The definition of the physical and chemical specifications of LPT-CBD as required from a pharmaceutical product.
  • The expansion of LPT-CBD production from small laboratory quantities to large quantities in pharmaceutical grade.
  • Iris Bincovich Innocan Pharma's CEO stated: "This is a major step in the development of LPT-CBD, moving it from a research laboratory-level drug to a pharmaceutical-grade product that must be qualified by the FDA for both the clinical and marketing phases."

Built Green Canada Announces Winners in Inaugural Maverick Awards

Retrieved on: 
Monday, March 25, 2024

EDMONTON, AB, March 25, 2024 /CNW/ - In conjunction with title sponsor, BC Housing , Built Green Canada announces winners in their inaugural Maverick Awards.

Key Points: 
  • EDMONTON, AB, March 25, 2024 /CNW/ - In conjunction with title sponsor, BC Housing , Built Green Canada announces winners in their inaugural Maverick Awards.
  • The Maverick Awards are another step forward in Built Green Canada's mission to progress sustainability practices and recognize leadership.
  • From this, they created the non-profit organization, Built Green Canada, with founding member, Jayman BUILT, in collaboration with the Canadian Home Builders' Association, Canada Mortgage and Housing Corporation, the Alberta Research Council, Natural Resources Canada, Climate Change Central, and other key stakeholders.
  • Built Green Canada is a national, non-profit organization working with builders interested in responsible sustainability practices in the residential building sector.

Ali Ghani, Prism, and Prism Summerside Development Corp. ordered to pay over $3.4M for misappropriating funds

Retrieved on: 
Monday, March 25, 2024

CALGARY, AB, March 25, 2024 /CNW/ - The Alberta Securities Commission (ASC) has sanctioned Ali Ghani and the following entities he controlled for breaching Alberta securities laws and perpetrating a fraud on investors: Summerside Development Trust, Summerside Commercial Trust, Prism Summerside Limited Partnership, Prism Summerside Development Corp. and Prism Real Estate Investment Corporation.

Key Points: 
  • CALGARY, AB, March 25, 2024 /CNW/ - The Alberta Securities Commission (ASC) has sanctioned Ali Ghani and the following entities he controlled for breaching Alberta securities laws and perpetrating a fraud on investors: Summerside Development Trust, Summerside Commercial Trust, Prism Summerside Limited Partnership, Prism Summerside Development Corp. and Prism Real Estate Investment Corporation.
  • An ASC panel previously found that between January 2013 and April 2018, Ghani and the other named entities misappropriated over $3.4 million from the development and sale of a strip mall in the Summerside neighbourhood of Edmonton, Alberta.
  • It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors.
  • As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.