Torys

Alamos Gold Announces Friendly Acquisition of Argonaut Gold

Retrieved on: 
Wednesday, March 27, 2024
La Colorada, Immediate, Private, Growth, Agreement, Webcast, Par value, AGI, Gold, Torys, Scotiabank, Toronto Stock Exchange, Alamos Gold, Life, TSX, Mineral, Arrangement, Transaction

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (“Alamos”) (TSX:AGI; NYSE:AGI) and Argonaut Gold Inc. (“Argonaut”) (TSX:AR) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) whereby Alamos will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement (the “Transaction”).

Key Points: 
  • TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (“Alamos”) (TSX:AGI; NYSE:AGI) and Argonaut Gold Inc. (“Argonaut”) (TSX:AR) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) whereby Alamos will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement (the “Transaction”).
  • As part of the Transaction, Alamos will acquire Argonaut’s Magino mine, located adjacent to its Island Gold mine in Ontario, Canada.
  • Under the terms of the Agreement, each Argonaut common share outstanding will be exchanged for 0.0185 Alamos common shares and 1 share of SpinCo2 (the “Exchange Ratio”).
  • Upon completion of the Transaction, existing Alamos and Argonaut shareholders will own approximately 95% and 5% of the pro forma company, respectively.

INDIGO AGREES TO BE TAKEN PRIVATE BY TRILOGY AT $2.50 PER SHARE

Retrieved on: 
Wednesday, April 3, 2024
Blake, Cassels & Graydon, BMO, Committee, Minority, Special, Chairperson, Torys, LLP, Effective interest rate, Attention, Toronto Stock Exchange, Suite, TSX, BMO Capital Markets, VWAP, IDG, Multilateral, Transaction, Security (finance)

TILP and TRHI are controlled by Mr. Gerald W. Schwartz, a member of the board of directors of the Company (the "Board").

Key Points: 
  • TILP and TRHI are controlled by Mr. Gerald W. Schwartz, a member of the board of directors of the Company (the "Board").
  • The cash premium transaction will provide Minority Shareholders with immediate and certain value that is expected to be higher than that realizable in the foreseeable future.
  • Mr. Dohle added, "Since its inception, Indigo has established itself as a cherished Canadian brand with an important leadership role in the Canadian publishing and bookselling industries.
  • To obtain a copy of the early warning report, please contact Trilogy, 161 Bay Street, 49th Floor, Toronto, ON, M5J 2S1, Attention: Lori Shapiro, 416-362-7711.

CONNOR, CLARK & LUNN INFRASTRUCTURE TO EXPAND RENEWABLE ENERGY PORTFOLIO WITH INVESTMENT IN 297 MEGAWATT ALBERTA WIND FARM

Retrieved on: 
Wednesday, February 14, 2024
EDP, EDPR, Torys, EDP Renováveis, Project, Enterprise value, Wind, EDP Renewables North America, Farm, CC, Renewable energy

"The Sharp Hills wind farm is an attractive addition to our increasingly diverse portfolio of infrastructure assets.

Key Points: 
  • "The Sharp Hills wind farm is an attractive addition to our increasingly diverse portfolio of infrastructure assets.
  • "CC&L Infrastructure has a long history and significant expertise as an owner of more than 80 clean energy projects.
  • "We're excited to partner again with CC&L Infrastructure, this time in Alberta," added Sandhya Ganapathy, CEO of EDP Renewables North America.
  • "The Sharp Hills project underscores our continuing commitment to invest in Alberta and contribute to its grid resiliency and energy security.

The Canadian National Emergency Preparedness and Climate Adaptation Convention to Take Place September 24-26, 2024 in Ottawa

Retrieved on: 
Tuesday, January 23, 2024
Team Rubicon, City, University, Robotics, Government, Senior advisor, University of Toronto, Doctor of Philosophy, Disaster, Climate, Municipal council, Continuity, Business development, GHD, Entrepreneurship, Intact Centre, Water, Emergency management, Climate change, Torys, ALTA, Continuity of government, State of emergency, Region, University of Waterloo, GlobalMedic, WSP, Sam, Exhibition, Pressure, York University, Private sector, Consultant, Shaw Centre

Calgary, ALTA, Canada, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CALGARY, ALTA: (January 22, 2024) The Canadian National Emergency Preparedness and Climate Adaptation  Convention (CEPCA) presented by dmg events is launching its inaugural event September 24-26, 2024 at the Shaw Centre in Ottawa,  Ontario.

Key Points: 
  • Calgary, ALTA, Canada, Jan. 23, 2024 (GLOBE NEWSWIRE) -- CALGARY, ALTA: (January 22, 2024) The Canadian National Emergency Preparedness and Climate Adaptation  Convention (CEPCA) presented by dmg events is launching its inaugural event September 24-26, 2024 at the Shaw Centre in Ottawa,  Ontario.
  • The mission is to connect key stakeholders, private sector, government and Indigenous communities  together to discuss national-level risk assessment, emergency management plans, response plans to manage  disasters, climate adaptation strategies, and innovation and technology in emergency preparedness.
  • The Canadian National Emergency Preparedness and Climate Adaptation Convention is anticipated to  welcome over 6,000 attendees and will include an exhibition floor with over 250 exhibitors, a strategic  conference, technical conference and 1,500 conference delegates.
  • For more  information on the Canadian National Emergency Preparedness and Climate Adaptation Convention, please  visit emergencyexpo.com.

Minister Valdez announces appointments to BDC Board of Directors

Retrieved on: 
Monday, January 29, 2024
BDC, Corporation, Social media, Torys, Small business, Mergers and acquisitions, COVE, Growth, Management

OTTAWA, ON, Jan. 29, 2024 /CNW/ - Today, the Honourable Rechie Valdez, Minister of Small Business and Minister responsible for the Business Development Bank of Canada (BDC), announced four new appointments to BDC's Board of Directors, effective January 26, 2024.

Key Points: 
  • OTTAWA, ON, Jan. 29, 2024 /CNW/ - Today, the Honourable Rechie Valdez, Minister of Small Business and Minister responsible for the Business Development Bank of Canada (BDC), announced four new appointments to BDC's Board of Directors, effective January 26, 2024.
  • BDC is the nation's leading bank for Canadian entrepreneurs to help their businesses grow and succeed.
  • I wish all the new board members success in their new roles supporting businesses from coast to coast to coast."
  • – The Honourable Rechie Valdez, Minister of Small Business
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NOVA CHEMICALS CORPORATION ANNOUNCES EARLY TENDER RESULTS OF CASH TENDER OFFER FOR ITS 4.875% SENIOR NOTES DUE 2024

Retrieved on: 
Monday, November 27, 2023
Tender offer, Latham & Watkins, RBC, RBC Capital Markets, Toll, NOVA, Settlement, Tender, Torys, Date, Capital market, Nova Chemicals, Cryptocurrency

The Aggregate Maximum Principal Amount has been fully subscribed by the Notes tendered as of the Early Tender Date.

Key Points: 
  • The Aggregate Maximum Principal Amount has been fully subscribed by the Notes tendered as of the Early Tender Date.
  • NOVA Chemicals does not anticipate accepting for purchase any Notes validly tendered after the Early Tender Date.
  • NOVA Chemicals is making the Tender Offer only in those jurisdictions where it is legal to do so.
  • Copies of the Offer to Purchase are available to holders of Notes from Global Bondholder Services Corporation, the information and tender agent for the Tender Offer.

NOVA Chemicals Corporation Announces Pricing of Private Offering of $400 Million of Senior Secured Notes

Retrieved on: 
Thursday, November 9, 2023
Sale, Torys, HSBC, LLP, NOVA, Nova Chemicals, AB, SMBC Nikko Securities, National bank, Latham & Watkins, RBC Capital Markets, SEC Rule 144A, Regulation, News, Security (finance)

CALGARY, AB, Nov. 09, 2023 (GLOBE NEWSWIRE) -- NOVA Chemicals Corporation (the “Company”) announced today the pricing of a private offering of $400 million of senior secured notes, structured as 5-year non-call 2, which includes a special redemption feature to redeem up to 10% annually at 103% during the non-call period, due 2028 (the “2028 notes”).

Key Points: 
  • CALGARY, AB, Nov. 09, 2023 (GLOBE NEWSWIRE) -- NOVA Chemicals Corporation (the “Company”) announced today the pricing of a private offering of $400 million of senior secured notes, structured as 5-year non-call 2, which includes a special redemption feature to redeem up to 10% annually at 103% during the non-call period, due 2028 (the “2028 notes”).
  • Alongside the 2028 notes offering, the Company announced a tender offer and consent solicitation for $400 million of its $1,050 million 4.875%, senior notes due 2024 (the “2024 notes”).
  • The Company plans to use the net proceeds of the 2028 notes offering to redeem $400 million of 2024 notes, to pay fees and expenses related to the offering, and general corporate purposes.
  • The closing of the offering of the 2028 notes is expected to occur on November 28, 2023, subject to customary closing conditions.

Arizona Sonoran and Nuton LLC Announce Option to Joint Venture on Cactus Project in Arizona

Retrieved on: 
Thursday, December 14, 2023
Machine Tools, Metalworking & Metallurgy, Natural Resources, Manufacturing, Mining, Minerals, Trigger, Economics, Indian stock exchange, Rio Tinto, ASCU, NPV, TSX, News, Mechanics, Copper, South Tyrol Option Agreement, Exchangeable, Exercise, Dorsey & Whitney, Cactus, Scotiabank, Partnership, Water, Contract management, National instrument, Torys, Debt, Securities Transaction Tax, Debenture, Toronto Stock Exchange, Committee, Option, Uranium mining, Cochineal, Renting, Security (finance), Gunsmith, Satellite navigation device, Mainspring, Nuton, Interest

Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) is pleased to announce today that it has entered into an option to joint venture agreement with Nuton LLC (“Nuton”), a wholly-owned subsidiary of Rio Tinto, to establish a strategic alliance for deployment of the Nuton technologies at its Cactus Mine and the Parks/Salyer Project (collectively, the “Cactus Project”), in Arizona, USA.

Key Points: 
  • Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) (“ASCU” or the “Company”) is pleased to announce today that it has entered into an option to joint venture agreement with Nuton LLC (“Nuton”), a wholly-owned subsidiary of Rio Tinto, to establish a strategic alliance for deployment of the Nuton technologies at its Cactus Mine and the Parks/Salyer Project (collectively, the “Cactus Project”), in Arizona, USA.
  • Nuton has indicated the potential to significantly increase copper cathode output from our current 45-50 ktpa target which could materially enhance project economics.
  • In the event that Nuton exercises the Option, the parties will either form a Delaware limited liability company or deem Cactus to be the joint venture company for the Cactus Project (the “Joint Venture Corporation”).
  • Rothschild acted as financial advisor, and Torys LLP and Dorsey & Whitney LLP acted as legal advisors, to Nuton.

TorQuest Partners Holds Final Closing for Fund VI

Retrieved on: 
Friday, December 15, 2023
Torys, Insurance, Senior, Partnership, Environment, Financial services

TORONTO, Dec. 15, 2023 /PRNewswire/ - TorQuest Partners, a Toronto-based private equity firm founded in 2002, today announced the final closing of TorQuest Partners Fund VI, with $2.1 billion of committed capital from external investors.

Key Points: 
  • TORONTO, Dec. 15, 2023 /PRNewswire/ - TorQuest Partners, a Toronto-based private equity firm founded in 2002, today announced the final closing of TorQuest Partners Fund VI, with $2.1 billion of committed capital from external investors.
  • Investors in Fund VI are a diverse group of institutional investors from around the globe, including public and private pension plans, endowments, sovereign wealth funds, financial institutions, insurance companies and family offices, with considerable commitments from returning limited partners of TorQuest's predecessor fund, TorQuest Partners Fund V. Fund VI also welcomed a significant number of new high-net-worth individuals to the firm.
  • Brent Belzberg, C.M., Senior Managing Partner, added: "I would like to personally thank all of our partners who have taken the lead in our fundraising effort and helped us reach our final closing for Fund VI in a short window since launch.
  • Torys LLP acted as fund counsel for Fund VI.

Rogers Cybersecure Catalyst marks five-year anniversary with partnership renewal and $15 million in new funding from Rogers, $1 million from RBC

Retrieved on: 
Tuesday, November 21, 2023
Toronto Metropolitan University, Woman, Government of Canada, Torys, Information, Employment, Senior, Organization, City, Workforce, Investment, The Catalyst, Ecosystem, Public Safety Canada, Core, Statistics, Government, Mentorship, Rogers Communications, Partnership, Capacity building, AI, Innovation, Information security, RBC, Economic development, Medical device, Renewable energy, Arms industry, Quantum, Research, Catalysis

RBC also reinforced its support for the Catalyst with an investment of $1 million.

Key Points: 
  • RBC also reinforced its support for the Catalyst with an investment of $1 million.
  • This new funding underscores the shared vision from both companies of driving Canadian leadership in cybersecurity.
  • Having a highly trained cyber workforce is critical to Canada's success," says Adam Evans, Chief Information Security Officer at RBC.
  • "We are deeply grateful for the generous contributions and guidance of our founding partners – thank-you especially to Rogers Communications and RBC for their substantial new investments in the Catalyst.