Chairperson | Jotup

Turtle Creek Asset Management Releases Open Letter to Gildan Board Calling on it to Hold the Annual Meeting Without Delay

Retrieved on:

Monday, March 25, 2024

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TORONTO, March 25, 2024 (GLOBE NEWSWIRE) -- Turtle Creek Asset Management Inc. (“Turtle Creek”), a Canadian independent investment management firm with a 25-year history and a decade-long shareholder of Gildan Activewear Inc. (GIL: TSX and NYSE) (“Gildan” or the “Company”), today issued an open letter to the board of directors (the “Board”) of Gildan.

Key Points:

This Board does not have a mandate, nor the confidence of Gildan shareholders, to run a process that could result in the sale of Gildan.
The Board’s outrageous and unprecedented actions to date, in the face of massive shareholder opposition are wholly-disqualifying.
Turtle Creek believes that the process led by the Special Committee is yet another attempt by the Board to evade accountability for its actions.
For over 25 years, Turtle Creek has done the hard work of analyzing and valuing the companies in which we invest.

Enthusiast Gaming Announces Appointment of Thomas Hearne to its Board of Directors

Retrieved on:

Friday, March 22, 2024

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LOS ANGELES, March 22, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming and media company in North America, is pleased to announce that Mr. Thomas Hearne has been appointed to the board of directors of the Company, effective as of March 20, 2024.

Key Points:

LOS ANGELES, March 22, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming'' or the “Company”) (TSX: EGLX), a leading gaming and media company in North America, is pleased to announce that Mr. Thomas Hearne has been appointed to the board of directors of the Company, effective as of March 20, 2024.
"We are very excited to welcome Tom to our Board," commented Adrian Montgomery, Board Chair and Interim CEO of Enthusiast Gaming.
"His extensive expertise in gaming, esports and media, coupled with his strong financial acumen, will make him a valuable addition to our team."
“I am honored to be joining the Board of Directors of Enthusiast Gaming,” said Mr. Hearne.

FuelPositive Files Patent for Green Aqueous Ammonia Production Module and Provides Update on First Farm-Ready System

Retrieved on:

Friday, March 22, 2024

WATERLOO, Ontario, March 21, 2024 (GLOBE NEWSWIRE) -- FuelPositive Corporation, a leading Green Ammonia Company (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company” or “FuelPositive”) is pleased to announce that it has filed a provisional patent for its new Green Aqueous Ammonia add-on module systems: the FP300A and FP1500A.

Key Points:

This groundbreaking integrated module provides farmers with a method for producing aqueous ammonia of adjustable nitrogen concentration from their FuelPositive on-farm system.
The FP300 or FP1500 can now be upgraded to FP300A or FP1500A systems, thereby transforming Green Anhydrous Ammonia into Green Aqueous Ammonia Fertilizer.
Green Aqueous Ammonia requires fewer storage and handling safeguards than Green Anhydrous Ammonia, making it more accessible to a broader range of agricultural applications.
In response to farmers' diverse needs, we've expanded our containerized Green Anhydrous Ammonia system to include a Green Aqueous Ammonia module.

FuelPositive names Counsel Public Affairs as Communications and Marketing Agency of Record

Retrieved on:

Wednesday, March 20, 2024

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WINNIPEG, Manitoba and WATERLOO, Ontario, March 20, 2024 (GLOBE NEWSWIRE) -- FuelPositive Corporation, a leading Green Ammonia Company (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company” or “FuelPositive”) is pleased to announce Counsel Public Affairs (Counsel) as its communications and marketing Agency of Record, following a thorough search announced in a news release dated February 6, 2024.

Key Points:

WINNIPEG, Manitoba and WATERLOO, Ontario, March 20, 2024 (GLOBE NEWSWIRE) -- FuelPositive Corporation, a leading Green Ammonia Company (TSX.V: NHHH) (OTCQB: NHHHF) (the “Company” or “FuelPositive”) is pleased to announce Counsel Public Affairs (Counsel) as its communications and marketing Agency of Record, following a thorough search announced in a news release dated February 6, 2024.
Luna Clifford, Chief Impact Officer at FuelPositive, commented on this new partnership: "We are thrilled to welcome Counsel Public Affairs as our newly appointed agency of record.
Under the dynamic leadership of Logan Ross, Senior Vice President of Communications and Campaigns, Counsel’s team possesses a targeted understanding of our technology and audiences.
Their deep understanding of government policies and programs will help us effectively leverage strategic opportunities.”
Logan Ross, Senior Vice President of Communications and Campaigns at Counsel Public Affairs shared her enthusiasm for the partnership, “We are thrilled to be named FuelPositive’s Agency of Record for communications and marketing services.

Lifecore Biomedical Concludes Strategic Evaluation Process, Announces Management Succession and Board Changes

Retrieved on:

Wednesday, March 20, 2024

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CHASKA, Minn., March 20, 2024 (GLOBE NEWSWIRE) -- Lifecore Biomedical, Inc. (NASDAQ: LFCR) (“Lifecore” or the “Company”), a fully integrated contract development and manufacturing organization (“CDMO”), today announced that its Board of Directors unanimously approved the conclusion of its review of strategic alternatives that was initiated in March 2023, and, concurrently therewith, announced several strategic updates related to its operations on a stand-alone basis.

Key Points:

This conclusion was based on an expansive strategic review process, including outreach to and engagement with over 75 buyers, including both strategic buyers and financial sponsors.
“The Board of Directors appreciates all of the hard work put into the strategic review process by the Company and its advisors.
The Board looks forward to working with the management team to lead the Company’s execution on its strategic plan,” said Craig Barbarosh, Chairman of the Board.
With these investments, Lifecore believes it is positioned for substantial growth as its additional aseptic capacity becomes available.

Mayfair Gold Responds to Announcement by Muddy Waters Capital of Intention to Reconstitute the Board of Directors

Retrieved on:

Tuesday, March 19, 2024

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MATHESON, Ontario, March 19, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today responded to an announcement by Muddy Waters Capital LLC (“Muddy Waters”) of their intention to solicit proxies from securityholders of Mayfair for the purpose of reconstituting the Company’s board of directors (the “Board”) at its upcoming 2024 annual general meeting (the “AGM”).

Key Points:

MATHESON, Ontario, March 19, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) today responded to an announcement by Muddy Waters Capital LLC (“Muddy Waters”) of their intention to solicit proxies from securityholders of Mayfair for the purpose of reconstituting the Company’s board of directors (the “Board”) at its upcoming 2024 annual general meeting (the “AGM”).
Mayfair has an experienced and engaged Board with considerable collective expertise in the mineral exploration industry.
The Board is currently conducting a comprehensive and proactive process (the “Recruitment Process”) to identify suitable candidates for board recruitment, which has been ongoing for several months.
Muddy Waters also demanded the right to have a second, as yet unidentified, nominee appointed to the Board.

Titan Announces Merger Agreement with Conavi

Retrieved on:

Monday, March 18, 2024

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TORONTO, Ontario, March 18, 2024 (GLOBE NEWSWIRE) -- Titan Medical Inc. (“Titan”) (TSX: TMD; OTC: TMDIF) is pleased to announce that it has entered into a definitive amalgamation agreement (the “Amalgamation Agreement”) dated March 17, 2024 with Conavi Medical Inc. (“Conavi”) to combine the companies in an all-stock transaction.

Key Points:

TORONTO, Ontario, March 18, 2024 (GLOBE NEWSWIRE) -- Titan Medical Inc. (“Titan”) (TSX: TMD; OTC: TMDIF) is pleased to announce that it has entered into a definitive amalgamation agreement (the “Amalgamation Agreement”) dated March 17, 2024 with Conavi Medical Inc. (“Conavi”) to combine the companies in an all-stock transaction.
Under the terms of the Agreement, Titan will acquire all of the issued and outstanding shares of Conavi (the “Conavi Shares”) and in exchange Conavi shareholders will be issued common shares of Titan (the “Combined Entity Shares”).
Throughout 2023, it was made clear to Titan that a merger with another RAS company was not a viable option and Titan broadened its search for a merger partner beyond RAS.
The Titan Board is unanimous in its decision to execute the Amalgamation Agreement and to recommend this Transaction to its shareholders (the “Titan Shareholders”).

Parexel Announces CEO Succession Plan

Retrieved on:

Monday, March 18, 2024

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Ms. Howell, who joined Parexel in 2018 as Chief Commercial and Strategy Officer, will be appointed to the company’s Board of Directors May 15.

Key Points:

Ms. Howell, who joined Parexel in 2018 as Chief Commercial and Strategy Officer, will be appointed to the company’s Board of Directors May 15.
Mr. Macdonald will continue on the Board through Dec. 31, 2024, and will remain an industry advisor to EQT and the largest individual investor in Parexel.
Together, she and Jamie have worked to ensure Parexel is well positioned for the future.”
“It’s been a privilege to lead Parexel during this critical period in the company’s strategic transformation,” said CEO Jamie Macdonald.
I’m truly grateful for my time with this amazing organization and to have been part of such an incredible team.”
“I’m honored to serve as the next CEO of Parexel,” said Peyton Howell.

Lincoln Educational Services Corporation Announces Barry Morrow’s Retirement as Chair of the Board and Names John Bartholdson as Chair following the 2024 Annual Meeting of Shareholders

Retrieved on:

Friday, March 15, 2024

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PARSIPPANY, N.J., March 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that J. Barry Morrow has notified the Company’s Board of Directors of his decision not to stand for re-election at the Company’s 2024 Annual Meeting of Shareholders.

Key Points:

PARSIPPANY, N.J., March 15, 2024 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC) today announced that J. Barry Morrow has notified the Company’s Board of Directors of his decision not to stand for re-election at the Company’s 2024 Annual Meeting of Shareholders.
Mr. Morrow joined the Board in 2006 and currently serves as non-executive Chair of the Board.
The Company also announced that the Board of Directors had selected current Board member John A. Bartholdson to succeed Mr. Morrow as the next Chair of the Board following the 2024 Annual Meeting of Shareholders to be held in May.
Mr. Bartholdson has been a member of the Board of Directors since 2019.

Saputo Announces Planned Retirement of Chief Human Resources Officer

Retrieved on:

Thursday, March 14, 2024

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MONTREAL, March 14, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company) today announced the planned retirement of Gaétane Wagner, Chief Human Resources Officer, to take effect following the completion of a transition period.

Key Points:

MONTREAL, March 14, 2024 (GLOBE NEWSWIRE) -- Saputo Inc. (TSX: SAP) (Saputo or the Company) today announced the planned retirement of Gaétane Wagner, Chief Human Resources Officer, to take effect following the completion of a transition period.
In line with the succession plans set forth by the Company, Isabelle Tisseur, currently Executive Vice President, Human Resources, will assume the role of Chief Human Resources Officer upon Ms. Wagner’s retirement.
"During her tenure, she has played a pivotal role in shaping Saputo's human resources strategies, fostering a culture of inclusion, diversity, and employee development.
Ms. Tisseur brings extensive experience in human resources management and a deep understanding of Saputo's culture and values.