Taber, Alberta

Rogers Sugar announces closing of the private placement by LanticĀ of $100 million in Senior Guaranteed Notes

Retrieved on: 
Friday, April 30, 2021

b'MONTR\xc3\x89AL, April 30, 2021 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the \xe2\x80\x9cCorporation\xe2\x80\x9d) (TSX:RSI) announced today the closing of the previously announced private placement of C$100 million 3.49% Senior Guaranteed Notes due April\xc2\xa030, 2031 (the \xe2\x80\x9cNotes\xe2\x80\x9d) of its wholly-owned subsidiary, Lantic Inc. (\xe2\x80\x9cLantic\xe2\x80\x9d).

Key Points: 
  • b'MONTR\xc3\x89AL, April 30, 2021 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the \xe2\x80\x9cCorporation\xe2\x80\x9d) (TSX:RSI) announced today the closing of the previously announced private placement of C$100 million 3.49% Senior Guaranteed Notes due April\xc2\xa030, 2031 (the \xe2\x80\x9cNotes\xe2\x80\x9d) of its wholly-owned subsidiary, Lantic Inc. (\xe2\x80\x9cLantic\xe2\x80\x9d).
  • The Corporation holds all of the common shares of Lantic and its administrative office is in Montr\xc3\xa9al, Qu\xc3\xa9bec.
  • Lantic operates cane sugar refineries in Montreal, Qu\xc3\xa9bec and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta.
  • TMTC\xe2\x80\x99s products include maple syrup, maple sugar and derived maple syrup products and are sold under various brand names, such as L.B.

Agreement With the Alberta Sugar Beet Growers Renewed Until 2022

Retrieved on: 
Wednesday, April 7, 2021

MONTRAL and VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the Corporation or Rogers Sugar) (TSX: RSI) is pleased to announce a two-year extension to the existing agreement with Alberta Sugar Beet Growers (ASBG).

Key Points: 
  • MONTRAL and VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the Corporation or Rogers Sugar) (TSX: RSI) is pleased to announce a two-year extension to the existing agreement with Alberta Sugar Beet Growers (ASBG).
  • We are pleased to have extended our agreement with Alberta Sugar Beet Growers (ASBG) for another two years.
  • This agreement and the supply certainty it provides are key to allowing Lantic to extend its supply agreement with major beet sugar customers in Canada and beyond, further supporting the continued growth of the beet sugar industry in Canada.
  • Lantic operates cane sugar refineries in Montreal, Qubec and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta.

Rogers Sugar Receives Toronto Stock Exchange Approval for Normal Course Issuer Bid

Retrieved on: 
Monday, June 1, 2020

MONTREAL, June 01, 2020 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the Corporation) (TSX: RSI) announced today that it has received approval of the Toronto Stock Exchange to proceed with a normal course issuer bid to purchase up to 1,500,000 common shares (the Shares) representing approximately 1.9% of the public float of Shares as at May22, 2020.

Key Points: 
  • MONTREAL, June 01, 2020 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the Corporation) (TSX: RSI) announced today that it has received approval of the Toronto Stock Exchange to proceed with a normal course issuer bid to purchase up to 1,500,000 common shares (the Shares) representing approximately 1.9% of the public float of Shares as at May22, 2020.
  • The Corporation also announced that it has implemented an automatic repurchase plan with a broker in order to facilitate repurchases of its Shares under its normal course issuer bid.
  • Rogers Sugar Inc. (Rogers) is a corporation established under the laws of Canada.
  • Lantic operates cane sugar refineries in Montreal, Qubec and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta.

ROGERS SUGAR PROVIDES BUSINESS UPDATE REGARDING COVID-19

Retrieved on: 
Tuesday, March 24, 2020

MONTREAL and VANCOUVER, British Columbia, March 24, 2020 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the Corporation or Rogers Sugar) (TSX: RSI) today provided an update regarding its operations, in light of the evolving COVID-19 situation.

Key Points: 
  • MONTREAL and VANCOUVER, British Columbia, March 24, 2020 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the Corporation or Rogers Sugar) (TSX: RSI) today provided an update regarding its operations, in light of the evolving COVID-19 situation.
  • Following the decision by some provincial governments to halt non-essential services until further notice, we felt it was important to clarify the situation with all Rogers Sugar stakeholders.
  • As a vital component of the food supply chain, our Sugar and Maple products are considered essential for our retail and industrial customers.
  • Lantic operates cane sugar refineries in Montreal, Qubec and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta.

Severe Alberta Weather Forces Termination of 2019 Beet Harvest

Retrieved on: 
Thursday, November 7, 2019

MONTREAL and VANCOUVER, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the Corporation or Rogers) (TSX: RSI) announced that due to the impact of recent severe adverse weather in Alberta on the 2019 sugar beet crop, a decision has been made to terminate the beet harvest.

Key Points: 
  • MONTREAL and VANCOUVER, Nov. 07, 2019 (GLOBE NEWSWIRE) -- Rogers Sugar Inc. (the Corporation or Rogers) (TSX: RSI) announced that due to the impact of recent severe adverse weather in Alberta on the 2019 sugar beet crop, a decision has been made to terminate the beet harvest.
  • This decision was made following an exhaustive analysis by the Alberta Sugar Beet Growers and the Corporation, which jointly determined that severe snow and frost damage has resulted in an inability to store or process the unharvested damaged sugar beet crop.
  • The Corporation holds all of the common shares of Lantic Inc. (Lantic) and its administrative office is in Montral, Qubec.
  • Lantic operates cane sugar refineries in Montreal, Qubec and Vancouver, British Columbia, as well as the only Canadian sugar beet processing facility in Taber, Alberta.