Interim order

ASC alleges Calgary resident Craig Michael Thompson, Black Box Management Corp., and Invader Management Ltd. breached Alberta securities laws

Retrieved on: 
Friday, April 5, 2024
Interim order, Alberta Securities Commission, AB, ASC, Charles Ponzi, Private investigator

CALGARY, AB, April 5, 2024 /CNW/ - The Alberta Securities Commission (ASC) has issued a Notice of Hearing alleging that Craig Michael Thompson along with two companies he controlled, Black Box Management Corp. and Invader Management Ltd., perpetrated a fraud on investors and breached registration requirements.

Key Points: 
  • CALGARY, AB, April 5, 2024 /CNW/ - The Alberta Securities Commission (ASC) has issued a Notice of Hearing alleging that Craig Michael Thompson along with two companies he controlled, Black Box Management Corp. and Invader Management Ltd., perpetrated a fraud on investors and breached registration requirements.
  • According to the Notice of Hearing, Thompson raised about $150 million from approximately 1,000 investors between March 2020 and September 2023.
  • Most investors provided funds for Thompson to trade in securities on their behalf.
  • As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

Tricon Residential Announces Receipt of Interim Order for Proposed Take Private by Blackstone Real Estate and Provides Details of Special Meeting

Retrieved on: 
Friday, February 16, 2024
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Court, Interim order, TCN, Arrangement, Circular, Special, TSX, Bank, EDGAR, Transaction, Proxy, Competition Act, Indian stock exchange, The Sundays, Investment Canada Act, Minority, SPECIAL, Security (finance)

The Interim Order authorizes the calling and holding of a special meeting on March 28, 2024 (the “Special Meeting”) of the holders of Common Shares (the “Company Shareholders”), the granting of dissent rights to registered Company Shareholders, and other matters relating to the conduct of the Special Meeting.

Key Points: 
  • The Interim Order authorizes the calling and holding of a special meeting on March 28, 2024 (the “Special Meeting”) of the holders of Common Shares (the “Company Shareholders”), the granting of dissent rights to registered Company Shareholders, and other matters relating to the conduct of the Special Meeting.
  • The Interim Order authorizes and orders that the Special Meeting be held on Thursday, March 28, 2024 at 10:00 a.m. (Toronto time) in virtual-only format via live audio webcast, including any adjournments or postponements thereof.
  • Details of the Special Meeting and how Company Shareholders or their duly appointed proxyholders can attend, access, participate in and vote at the Special Meeting are set out in the Circular.
  • Registered Company Shareholders and duly appointed proxyholders will be able to attend, participate and vote at the Special Meeting online.

CORRECTION - Lancaster Resources Inc.

Retrieved on: 
Monday, February 12, 2024
Plan, Interim order, Shareholder, Meeting, News, LCR, Supreme court

VANCOUVER, British Columbia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- In a release issued on Friday, February 9th by Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0), please note that the headline should have stated the interim was for Nelson Lake, rather than Crestfield Copper as originally announced.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 12, 2024 (GLOBE NEWSWIRE) -- In a release issued on Friday, February 9th by Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0), please note that the headline should have stated the interim was for Nelson Lake, rather than Crestfield Copper as originally announced.
  • The corrected release follows:
    Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (“Lancaster” or the “Company”) is pleased to announce that on February 2, 2024, the Supreme Court of British Columbia granted an interim order (the “Interim Order”) in connection with the proposed spin-off of Nelson Lake Copper Corp. (“Nelson Lake”) by Lancaster by way of Plan of Arrangement (the “Arrangement”).
  • For further information on the Arrangement and the arrangement agreement (the "Arrangement Agreement"), please refer to Lancaster’s news release dated January 30, 2024.
  • The Interim Order, among other things, directs Lancaster to call and hold a special meeting (the "Meeting") of the holders of Lancaster common shares (the "Shareholders") in accordance with the Business Corporations Act, BC, to pass a special resolution to approve the Arrangement.

Lancaster Resources Announces Receipt of Interim Order for Crestfield Copper Spin-Off

Retrieved on: 
Friday, February 9, 2024
Meeting, News, Shareholder, Interim order, LCR, Supreme court, Plan

VANCOUVER, British Columbia, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (“Lancaster” or the “Company”) is pleased to announce that on February 2, 2024, the Supreme Court of British Columbia granted an interim order (the “Interim Order”) in connection with the proposed spin-off of Nelson Lake Copper Corp. (“Nelson Lake”) by Lancaster by way of Plan of Arrangement (the “Arrangement”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (“Lancaster” or the “Company”) is pleased to announce that on February 2, 2024, the Supreme Court of British Columbia granted an interim order (the “Interim Order”) in connection with the proposed spin-off of Nelson Lake Copper Corp. (“Nelson Lake”) by Lancaster by way of Plan of Arrangement (the “Arrangement”).
  • For further information on the Arrangement and the arrangement agreement (the "Arrangement Agreement"), please refer to Lancaster’s news release dated January 30, 2024.
  • The Interim Order, among other things, directs Lancaster to call and hold a special meeting (the "Meeting") of the holders of Lancaster common shares (the "Shareholders") in accordance with the Business Corporations Act, BC, to pass a special resolution to approve the Arrangement.
  • In accordance with the Interim Order, the Meeting will be held at 10:00 a.m. (Vancouver time), March 15, 2024, at the offices of the Company.

Osino Announces Receipt of Interim Order and Closing of Second and Final Tranche of Bridge Private Placement

Retrieved on: 
Wednesday, January 31, 2024
DPM, Supreme court, Offering, OSI, Special, Circular, Telephone, Namibian Stock Exchange, Prospectus, NSX, Interim order, TSX Venture Exchange, Arrangement, OSN, Engineering, Financial adviser

Pursuant to the Interim Order, the Special Meeting is scheduled to be held virtually by live webcast on March 1, 2024 at 8:30 a.m. (Vancouver time).

Key Points: 
  • Pursuant to the Interim Order, the Special Meeting is scheduled to be held virtually by live webcast on March 1, 2024 at 8:30 a.m. (Vancouver time).
  • Osino is also pleased to announce that it has completed the second and final tranche of its previously announced non-brokered private placement (the "Offering") of common shares of the Company (the "Osino Shares") to DPM.
  • The total number of Osino Shares issued pursuant to the Offering, including the initial tranche, was 8,849,557 Osino Shares for aggregate gross proceeds to the Company of C$9,999,999.41.
  • The Osino Shares were offered by way of private placement pursuant to applicable exemptions from prospectus requirements in British Columbia and Ontario.

Marathon Gold Receives Interim Order and Intends to Mail and File Special Meeting Materials Today In Connection with its Proposed Combination with Calibre Mining

Retrieved on: 
Friday, December 22, 2023
Committee, Holiday, Arrangement, Mineral, MOZ, Consideration, Proxy, Commissioner, The Sundays, Competition, Bay Street, Toronto Stock Exchange, Canada Business Corporations Act, Suite, Funding, Circular, Competition Act, Gold, Interim order, TSX, Security (finance)

The purpose of the Marathon Meeting is to seek approval of the Marathon Shareholders in respect of the Arrangement.

Key Points: 
  • The purpose of the Marathon Meeting is to seek approval of the Marathon Shareholders in respect of the Arrangement.
  • Materials for the Marathon Meeting, including the Circular, will be available on SEDAR+ at www.sedarplus.ca and on the Company's website at www.marathon-gold.com later today.
  • The Interim Order authorizes Marathon to proceed with various matters, including the holding of the Marathon Meeting to consider and vote on the proposed Arrangement.
  • As a Marathon Shareholder, it is very important that you read the Circular and related materials with respect to the Marathon Meeting carefully and then vote your Marathon Shares.

AYR Announces Receipt of Interim Order for Previously Announced Plan of Arrangement

Retrieved on: 
Wednesday, November 15, 2023
Canada Business Corporations Act, Interim order, Meeting, CSE, Transaction, Date, OTCQX, Circular, Plan, Court, Model Business Corporation Act, AYR

MIAMI, Nov. 15, 2023 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, announced today that the Ontario Superior Court of Justice (Commercial List) (the “Court”) has granted an interim order (the “Interim Order”) authorizing various matters in connection with the Company’s previously announced plan of arrangement (the “Plan”) under Section 192 of the Canada Business Corporations Act (the “Transaction”), involving the Company, AYR Wellness Canada Holdings Inc. (“AYR Wellness Canada”) and the other direct or indirect subsidiaries of AYR (excluding Ayr Foundation Inc.).

Key Points: 
  • MIAMI, Nov. 15, 2023 (GLOBE NEWSWIRE) -- AYR Wellness Inc. (CSE: AYR.A, OTCQX: AYRWF) (“AYR” or the “Company”), a leading vertically integrated U.S. multi-state cannabis operator, announced today that the Ontario Superior Court of Justice (Commercial List) (the “Court”) has granted an interim order (the “Interim Order”) authorizing various matters in connection with the Company’s previously announced plan of arrangement (the “Plan”) under Section 192 of the Canada Business Corporations Act (the “Transaction”), involving the Company, AYR Wellness Canada Holdings Inc. (“AYR Wellness Canada”) and the other direct or indirect subsidiaries of AYR (excluding Ayr Foundation Inc.).
  • The Transaction is subject to approval of, among other things, an affirmative vote of at least 662/3% of the votes cast by Senior Noteholders at the Meeting.
  • Further details regarding the Transaction will be included in the management information circular (the “Circular”) to be mailed to Senior Noteholders of record as of the Record Date in accordance with applicable securities law and the Interim Order.
  • The Circular will be filed by AYR on SEDAR+ and will be available under the Company’s profile at www.sedarplus.ca .

ASC extends Interim Order against GRS Hydrogen Solutions Inc., and its President, Albert Cerenzie

Retrieved on: 
Tuesday, November 21, 2023
Hydrogen, Hearing, GRS, Interim order, AB, Notice of Hearing, Alberta Securities Commission, Prospectus, ASC, Canadian Securities Administrators, Interim, Audit, Gunsmith, Private investigator

CALGARY, AB, Nov. 21, 2023 /CNW/ - The Alberta Securities Commission (ASC) extended an Interim Order dated December 16, 2022 against GRS Hydrogen Solutions Inc. (GRS) and its President, Albert Cerenzie (collectively, the Respondents).

Key Points: 
  • CALGARY, AB, Nov. 21, 2023 /CNW/ - The Alberta Securities Commission (ASC) extended an Interim Order dated December 16, 2022 against GRS Hydrogen Solutions Inc. (GRS) and its President, Albert Cerenzie (collectively, the Respondents).
  • The Interim Order requires that:
    All trading in or purchasing of GRS securities must cease, with the exception of repurchases or redemptions by GRS of GRS securities held by existing GRS investors.
  • GRS and Cerenzie must cease trading in GRS securities.
  • GRS and Cerenzie are prohibited from using any prospectus exemptions contained in Alberta securities laws.

Consumer Watchdog Calls on Medical Board to Comply with Consumer Protection Law Ahead of Resurrection of Substance Abusing Physicians Program

Retrieved on: 
Tuesday, November 14, 2023
Arm, California Franchise Tax Board, Interim order, Fentanyl, Medical Board of California, Substance abuse, Interim, Legislation, Risk, Public key certificate, Patient, Multimedia, Medicine, Uniform, Health, Morphine, Ventura County Star, Health care, Consumer Watchdog, Physician, Ventura County, California, Letter, Nursing, Pharmaceutical industry, Medical device

The Uniform Standards give the Medical Board the consumer protection tools it needs to monitor substance abusing physicians.

Key Points: 
  • The Uniform Standards give the Medical Board the consumer protection tools it needs to monitor substance abusing physicians.
  • Consumer Watchdog sent the Medical Board of California a letter with recommended changes to the PHWP program regulations.
  • The PHWP was created by legislation for the Medical Board to refer doctors or doctors can self-refer for treatment.
  • The Medical Board of California voted to unanimously terminate its confidential physician diversion program for substance abusing and mentally ill physicians in 2008.

H2O Innovation Receives Interim Order and Files Management Information Circular in Connection with Special Meeting of Shareholders

Retrieved on: 
Monday, October 30, 2023
Manufacturing, Other Manufacturing, Energy, Engineering, Utilities, The Meeting, LP, Attention, Rollover, Meeting, Legislation, Telephone, Court, Acquisition, Sale and purchase of ship, Investissement Québec, HEO, TSX, Nature, Risk, Proxy, Dynamex Operations West, Inc. v. Superior Court, Circular, Superior court, Canada Business Corporations Act, Interim order, Security (finance), Management, Bookkeeping, Insurance, Arrangement, Corporation, Share (finance)

Among other things, the Interim Order authorizes the Corporation to call, hold and conduct a special meeting (the “Meeting”) of holders (the “Shareholders”) of Shares to consider the Arrangement.

Key Points: 
  • Among other things, the Interim Order authorizes the Corporation to call, hold and conduct a special meeting (the “Meeting”) of holders (the “Shareholders”) of Shares to consider the Arrangement.
  • The Management Information Circular (the “Circular”) and related materials for the Meeting are available under the Corporation’s profile on SEDAR+ at www.sedarplus.ca and on H2O Innovation’s website at www.h2oinnovation.com .
  • H2O Innovation expects to begin the distribution and mailing of the Circular and related materials to Shareholders in the coming days.
  • Shareholders of record on October 24, 2023 will be entitled to receive notice of, and to vote at, the Meeting.