Duckworth

Lycos Energy Inc. Announces Strategic Acquisition of Durham Creek Exploration Ltd. and $25 Million Equity Financing

Retrieved on: 
Wednesday, September 13, 2023

CALGARY, Alberta, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Lycos Energy Inc. ("Lycos" or the "Company") (TSXV: LCX) is pleased to announce that it has entered into a definitive agreement (the "Acquisition Agreement") today to acquire Durham Creek Exploration Ltd. ("DCEL"), a privately-held, arm's length, heavy oil producer, by way of a plan of arrangement for total consideration, prior to adjustments, of $22.5 million (the "Acquisition"), consisting of $12.5 million in cash and 2.8 million common shares of Lycos (“Lycos Shares”) at a deemed price of $3.55 per Lycos Share.

Key Points: 
  • Increases Tier 1 Mannville inventory (Rex, Waseca, GP and Cummings) by 77% to 55 total net locations.
  • Tier 1 locations have an expected payout period of less than 6 months and an NPV-10% of $5.5 million(1).
  • National Bank Financial Inc. is acting as exclusive financial advisor to Lycos with respect to the Acquisition.
  • Stikeman Elliott LLP is acting as legal counsel to Lycos with respect to the Acquisition and the Offering.

Vanguard Properties Announces Their Arrival to the Napa Valley

Retrieved on: 
Wednesday, January 11, 2023

SAN FRANCISCO, Jan. 11, 2023 /PRNewswire-PRWeb/ -- Vanguard Properties, the well-known, privately owned and operated San Francisco-based Real Estate firm announced today their arrival to the Napa Valley with the first office opening in St. Helena, California

Key Points: 
  • Vanguard Properties, the well-known, privately owned and operated San Francisco-based Real Estate firm announced today their arrival to the Napa Valley with the first office opening in St. Helena, California
    SAN FRANCISCO, Jan. 11, 2023 /PRNewswire-PRWeb/ -- Vanguard Properties, the well-known, privately owned and operated San Francisco-based Real Estate firm announced today their arrival to the Napa Valley with the first office opening in St. Helena, California
    The new office is located 1345 Railroad Avenue, St. Helena, California.
  • Originally, The Taylor, Duckworth & Company Foundry Building was built in 1884 to accommodate a foundry and machine works, with a specialty in wine presses so important to Napa Valley.
  • "The Vanguard Properties 'seasoned' markets of San Francisco, Marin, Sonoma and the East Bay agents and clients have embraced our brand, style and successes" said Frank Nolan, President, Vanguard Properties.
  • Recognized for their exceptional marketing, Vanguard Properties attracts top agents as well as new agents to be a part of the "family".

Greenfire Resources Inc. and M3-Brigade Acquisition III Corp. Announce US$950 million Business Combination

Retrieved on: 
Thursday, December 15, 2022

The Business Combinationwas unanimously recommended and approved by the boards of directors of both Greenfire and MBSC.

Key Points: 
  • The Business Combinationwas unanimously recommended and approved by the boards of directors of both Greenfire and MBSC.
  • Shareholders holding approximately 84% of the aggregate voting power of Greenfire have executed support agreements whereby they agreed to vote in favor of the Business Combination.
  • Carter Ledyard & Milburn LLP, Burnet, Duckworth & Palmer LLP and Felesky Flynn LLP are acting as counsel to Greenfire.
  • GRL, MBSC and Greenfire, and their respective directors and executive officers, may be deemed participants in the solicitation of proxies of MBSC's stockholders in respect of the Business Combination.

2021 Canadian VC disbursements reach $13.58B

Retrieved on: 
Wednesday, April 6, 2022

ICT and biotech companies raised $8.73 billion and $1.98 billion accounting for 64% and 15% of the total disbursements respectively.

Key Points: 
  • ICT and biotech companies raised $8.73 billion and $1.98 billion accounting for 64% and 15% of the total disbursements respectively.
  • Fasken and Osler led all VC law firms with 43 and 42 VC financings respectively.
  • TORONTO, April 6, 2022 /CNW/ - Canadian venture capital disbursements set new Canadian record in 2021, raising $13.58 billion by Canadian companies from 716 financings, according to the Canadian Venture Capital Report released today by CPE Analytics, a division of CPE Media & Data Company.
  • The record-setting Canadian VC investment pace is continuing to be driven by US and foreign investors.

AgJunction Enters into Arrangement Agreement to be Acquired by KUBOTA Corporation for CAD $0.75 per Share in All Cash Deal

Retrieved on: 
Friday, October 8, 2021

The proposed transaction (the "Transaction") is to be completed by way of a plan of arrangement under the Business Corporations Act (Alberta).

Key Points: 
  • The proposed transaction (the "Transaction") is to be completed by way of a plan of arrangement under the Business Corporations Act (Alberta).
  • AgJunction will seek approval of the Transaction by its shareholders at a special meeting expected to be held in November 2021 (the "Meeting").
  • The Arrangement Agreement contains customary representations and warranties of each party and interim operational covenants by AgJunction.
  • Founded in 1890, Kubota Corporation is a global leading manufacturer of agricultural, turf, construction equipment and industrial engine.

Cardinal Energy Ltd. Honours the National Day for Truth and Reconciliation

Retrieved on: 
Tuesday, September 28, 2021

Therefore we have decided that the most meaningful way to acknowledge and promote reconciliationwith First Nations on National Day for Truth and Reconciliation was not to give our employees a day off, but rather to provide tangible support to the Indigenous community in an area where we operate, to lead with our actions.

Key Points: 
  • Therefore we have decided that the most meaningful way to acknowledge and promote reconciliationwith First Nations on National Day for Truth and Reconciliation was not to give our employees a day off, but rather to provide tangible support to the Indigenous community in an area where we operate, to lead with our actions.
  • In recognition of Truth and Reconciliation Day, Cardinal is pledging $15,000 to help with the first year costs of this program in addition to our ongoing collaboration with the Slave Lake Homeless Coalition on a permanent solution.
  • Cardinal is a Canadian oil focused company with operations focused on low decline light, medium and heavy quality oil in Western Canada.
  • As part of this mandate, Cardinal injects and conserves more carbon than it directly emits making us one of the few Canadian energy companies to have a negative carbon footprint.

Prairie Storm Announces Proposed Acquisition by InPlay Oil

Retrieved on: 
Tuesday, September 28, 2021

CALGARY, Alberta, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Prairie Storm Resources Corp. (TSXV: PSEC) (Prairie Storm or the Corporation) is pleased to announce that it has entered into a definitive acquisition agreement (the Acquisition Agreement) with InPlay Oil Corp. (InPlay) (TSX: IPO) pursuant to which InPlay has agreed to acquire all of the issued and outstanding common shares of Prairie Storm (the Prairie Storm Shares) by way of a plan of arrangement under the Business Corporations Act (Alberta) (the Transaction).

Key Points: 
  • CALGARY, Alberta, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Prairie Storm Resources Corp. (TSXV: PSEC) (Prairie Storm or the Corporation) is pleased to announce that it has entered into a definitive acquisition agreement (the Acquisition Agreement) with InPlay Oil Corp. (InPlay) (TSX: IPO) pursuant to which InPlay has agreed to acquire all of the issued and outstanding common shares of Prairie Storm (the Prairie Storm Shares) by way of a plan of arrangement under the Business Corporations Act (Alberta) (the Transaction).
  • Under the terms of the Transaction, each holder of Prairie Storm Shares will receive 0.0524 of a common share of InPlay (the InPlay Shares) and $0.2514 in cash for each Prairie Storm Share held (the Purchase Price).
  • Under the Transaction, InPlay will acquire all of the issued and outstanding Prairie Storm Shares in exchange for the payment to shareholders of the Purchase Price for each Prairie Storm Share held.
  • Prairie Storm will seek approval of the Transaction by the holders of the Prairie Storm Shares (the Prairie Storm Shareholders) at a special meeting of Prairie Storm Shareholders expected to be held in mid to late November 2021 (the Meeting).

Angela Duckworth to Deliver Opening Keynote at ATD 2021

Retrieved on: 
Tuesday, April 27, 2021

b"ALEXANDRIA, Va., April 27, 2021 /PRNewswire-PRWeb/ --Bestselling author Angela Duckworth will open the Association for Talent Development's 2021 International Conference & EXPO in Salt Lake City, Utah, with a keynote address on August 30.\nAn American academic, psychologist, and popular science author, Duckworth is the founder and CEO of Character Lab, a nonprofit whose mission is to advance scientific insights that help children thrive.

Key Points: 
  • b"ALEXANDRIA, Va., April 27, 2021 /PRNewswire-PRWeb/ --Bestselling author Angela Duckworth will open the Association for Talent Development's 2021 International Conference & EXPO in Salt Lake City, Utah, with a keynote address on August 30.\nAn American academic, psychologist, and popular science author, Duckworth is the founder and CEO of Character Lab, a nonprofit whose mission is to advance scientific insights that help children thrive.
  • Prior to her career in research, Duckworth founded a summer school for underserved children that was profiled as a Harvard Kennedy School case study and, in 2018, celebrated its 25th anniversary.
  • She is also co-host, with Stephen Dubner, of the podcast No Stupid Questions.\nATD 2021 International Conference & EXPO is offering multiple ways for the talent development community to participate in the conference.
  • ATD supports talent development professionals who gather locally in volunteer-led US chapters and international member networks and with international strategic partners.\n"

The Women's Business Development Center Kicks Off 'Raising Up the Vote' Initiative with Virtual Event featuring Senator Tammy Duckworth and Congresswoman Gwen Moore

Retrieved on: 
Friday, August 28, 2020

The campaign kicked off with a three-part virtual event sponsored by Target which discussed the intersection of gender and racial equality.

Key Points: 
  • The campaign kicked off with a three-part virtual event sponsored by Target which discussed the intersection of gender and racial equality.
  • "Fair and equitable public policy is critical for securing and maintaining economic self-sufficiency for women, minorities, and other underserved communities."
  • Senator Tammy Duckworth (D Ill.) moderated by Melody Spann Cooper, Chairman of Midway Broadcasting Corporation.
  • The Women's Business Development Center (WBDC) is a 501(c)(3) nationally recognized leader in the field of women's economic development.

Paralyzed Veterans of America Announces U.S. Senator Duckworth as Recipient of 2019 Gordon H. Mansfield Congressional Leadership Award

Retrieved on: 
Tuesday, September 17, 2019

Senator Tammy Duckworth of Illinois with the 2019 Gordon H. Mansfield Congressional Leadership Award during the organization's Annual PVA Gala.

Key Points: 
  • Senator Tammy Duckworth of Illinois with the 2019 Gordon H. Mansfield Congressional Leadership Award during the organization's Annual PVA Gala.
  • "We're proud to honor Senator Duckworth with the Gordon H. Mansfield Congressional Leadership Award during our 2019 PVA Gala.
  • Established in 2015, PVA's Gordon H. Mansfield Congressional Leadership Award was first presented to former U.S.
  • Paralyzed Veterans of America is the only congressionally chartered veterans service organization dedicated solely to the benefit and representation of veterans with spinal cord injury or disease.