CAD

Flower One Announces Closing of its Non-Brokered Private Placement

Monday, September 27, 2021 - 2:34pm

Flower One Holdings Inc. (Flower One or the Company) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, is pleased to announce that it has closed the first tranche of its non-brokered private placement (the Private Placement), raising aggregate gross proceeds of US$5M.

Key Points: 
  • Flower One Holdings Inc. (Flower One or the Company) (CSE: FONE) (OTCQX: FLOOF) (FSE: F11), the leading cannabis cultivator and producer in Nevada, is pleased to announce that it has closed the first tranche of its non-brokered private placement (the Private Placement), raising aggregate gross proceeds of US$5M.
  • We are grateful for the support and vote of confidence signaled by an above-market transaction, said Kellen OKeefe, Flower Ones President and CEO.
  • Additionally, this closing positions Flower One for long term success while driving value for shareholders.
  • The Company has reserved an option at its sole discretion to increase the size of the Private Placement by $10M to an aggregate of $15M.

PTC and Volvo Group Announce Digital Engineering Collaboration

Monday, September 27, 2021 - 2:00pm

BOSTON, Sept. 27, 2021 /PRNewswire/ -- PTC (NASDAQ: PTC) and the Volvo Group today announced plans to further increase collaboration around digital engineering.

Key Points: 
  • BOSTON, Sept. 27, 2021 /PRNewswire/ -- PTC (NASDAQ: PTC) and the Volvo Group today announced plans to further increase collaboration around digital engineering.
  • Volvo Group has decided to unify its CAD platforms, which positions PTC's products to serve as the primary CAD and PLM solutions used in the Volvo Group for complete vehicle design.
  • This world-class solution, which will leverage the full capabilities of PTC's Windchill product lifecycle management (PLM) software and Creo computer-aided design (CAD) software, is designed to promote collaboration across Volvo Group's PLM and CAD functions and significantly increase the reuse of digital product data across the Volvo Group.
  • "Using one PLM and CAD platform will act as a key enabler in our digital engineering transformation," said Lars Stenqvist, CTO at Volvo Group.

GSE Solutions Wins Contract for Advanced Simulator Technology Upgrades and Engineering Services Valued at $1.6 Million

Monday, September 27, 2021 - 2:00pm

The first task is to upgrade several simulator units that already use GSE simulation technology .

Key Points: 
  • The first task is to upgrade several simulator units that already use GSE simulation technology .
  • This is a great example of our customer leveraging and utilizing the broader GSE portfolio of expertise to achieve significant value."
  • The project is estimated to take 24 months to complete with a total value of roughly CAD $2.0 Million, or $1.6 Million in USD.
  • GSE Solutions leverages five decades of proven industry experience to provide unique and essential engineering and workforce solutions, services and products focused on performance optimization, regulatory compliance, simulation, training, and staffing for customers worldwide.

PTC and Volvo Group Announce Digital Engineering Collaboration

Monday, September 27, 2021 - 2:00pm

BOSTON, Sept. 27, 2021 /PRNewswire/ -- PTC (NASDAQ: PTC) and the Volvo Group today announced plans to further increase collaboration around digital engineering. Volvo Group has decided to unify its CAD platforms, which positions PTC's products to serve as the primary CAD and PLM solutions used in the Volvo Group for complete vehicle design.

Key Points: 
  • - Building on Years-Long Collaboration with PTC, Volvo Group to Expand Use of PTC Technologies.
  • BOSTON, Sept. 27, 2021 /PRNewswire/ -- PTC (NASDAQ: PTC) and the Volvo Group today announced plans to further increase collaboration around digital engineering.
  • Volvo Group has decided to unify its CAD platforms, which positions PTC's products to serve as the primary CAD and PLM solutions used in the Volvo Group for complete vehicle design.
  • "Using one PLM and CAD platform will act as a key enabler in our digital engineering transformation," said Lars Stenqvist, CTO at Volvo Group.

SeqLL Announces Publication of a New Blood-Based RNA Sequencing Method to Detect Coronary Artery Disease

Monday, September 27, 2021 - 1:00pm

Diagnosis of CAD is typically based on coronary angiography, an imaging process used to detect restricted blood flow in the hearts major arteries.

Key Points: 
  • Diagnosis of CAD is typically based on coronary angiography, an imaging process used to detect restricted blood flow in the hearts major arteries.
  • Using SeqLLs tSMS platform, our team was able to sequence millions of RNA strands per patient at single molecule resolution.
  • This allowed us to reproducibly identify specific RNA transcripts that were altered in patients with coronary disease, Dr. McCaffrey said.
  • This study represents another step toward providing improved, non-invasive diagnostic options to those suffering from coronary artery disease.

Desert Mountain Energy Announces Setting of Options for New Officers

Friday, September 24, 2021 - 10:22pm

VANCOUVER, BC, Sept. 24, 2021 /PRNewswire/ -DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSX.V: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.

Key Points: 
  • VANCOUVER, BC, Sept. 24, 2021 /PRNewswire/ -DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSX.V: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.
  • Desert Mountain Energy Corp. announces that it granted on September 22nd, 2021, subject to any necessary regulatory approvals, incentive stock options to purchase in aggregate 275,000 shares of its Common Stock.
  • Desert Mountain Energy Corp. is a publicly traded exploration and resource company focused on the discovery and development of rare noble gas fields in the U.S.
  • View original content to download multimedia: https://www.prnewswire.com/news-releases/desert-mountain-energy-announce...
    SOURCE Desert Mountain Energy Corp.

Vanguard Announces Cash Distributions for the Vanguard ETFs

Friday, September 24, 2021 - 9:31pm

To learn more about the TSX-listed Vanguard ETFs, please visit www.vanguard.ca

Key Points: 
  • To learn more about the TSX-listed Vanguard ETFs, please visit www.vanguard.ca
    Canadians own CAD $62 billion in Vanguard assets, including Canadian and U.S.-domiciled ETFs and Canadian mutual funds.
  • Vanguard Investments Canada Inc. manages CAD $43 billion in assets (as of July 31, 2021) with 37 Canadian ETFs and six mutual funds currently available.
  • The Vanguard Group, Inc. is one of the world's largest investment management companies and a leading provider of company-sponsored retirement plan services.
  • Unlike firms that are publicly held or owned by a small group of individuals, The Vanguard Group, Inc. is owned by Vanguard's U.S.-domiciled funds and ETFs.

Freehold Royalties Ltd. Announces Closing of U.S. Royalty Assets and Credit Facility Expansion

Friday, September 24, 2021 - 5:34pm

CALGARY, Alberta, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that it has closed its previously announced transaction to acquire a high-quality U.S. royalty asset located in the Eagle Ford oil basin in Texas (the Acquired Assets) for US$180 million before closing adjustments (CAD $227 million) (the U.S. Royalty Transaction). The Acquired Assets are expected to significantly enhance the quality of Freehold’s North American royalty portfolio, improving both the near-term and long-term sustainability of Freehold’s dividend while providing further option value to return capital to our shareholders through multiple years of free cash flow growth. The U.S. Royalty Transaction further advances Freehold’s strategy of being positioned in the highest quality development areas across North America, delivering growth and low risk attractive returns to our shareholders.

Key Points: 
  • CALGARY, Alberta, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) announces that it has closed its previously announced transaction to acquire a high-quality U.S. royalty asset located in the Eagle Ford oil basin in Texas (the Acquired Assets) for US$180 million before closing adjustments (CAD $227 million) (the U.S. Royalty Transaction).
  • In addition, as a result of and on closing of the U.S. Royalty Transaction and in accordance with the terms of the Subscription Receipts, each Subscription Receipt was exchanged for one common share of Freehold.
  • Concurrently with the closing of the U.S. Royalty Transaction, Freehold amended its credit facility agreement with a syndicate of four Canadian banks increasing the committed revolving facility to $285 million and maintaining the operating facility at $15 million.
  • The amended credit facility agreement includes a permitted increase in the committed revolving facility of up to $360 million.

Beanworks by Quadient places No. 112 on The Globe and Mail's third-annual ranking of Canada's Top Growing Companies

Friday, September 24, 2021 - 2:00pm

112 on the 2021 Report on Business ranking of Canada's Top Growing Companies.

Key Points: 
  • 112 on the 2021 Report on Business ranking of Canada's Top Growing Companies.
  • Despite the global pandemic, Beanworks saw 70% year-over-year revenue growth in 2020, triggered by accounting teams' growing reliance on digital solutions.
  • Beanworks automates the accounts payable processes of nearly 800 customers that currently process more than $17 billion (CAD) annually through the platform.
  • "This recognition is the culmination of a meteoric rise for Beanworks," said Karim Ben-Jaafar, the President of Beanworks.

PharmaTher Announces CAD$10 Million Private Placement With Institutional Investors

Friday, September 24, 2021 - 1:00pm

TORONTO, Sept. 24, 2021 (GLOBE NEWSWIRE) -- PharmaTher Holdings Ltd. (the “Company” or “PharmaTher”) (CSE: PHRM), a clinical-stage psychedelics biotech company, is pleased to announce that it has entered into a securities purchase agreement with institutional investors for a private placement of its common shares (“Common Shares”) and warrants to purchase common shares (“Warrants”) for gross proceeds of CAD$10 million (the “Private Placement”). Pursuant to the Private Placement, the Company will issue 15,625,000 Common Shares and Warrants to purchase up to 15,625,000 Common Shares at a purchase price of CAD$0.64 per Common Share and associated Warrant. Each Warrant will entitle the holder to purchase one Common Share at an exercise price of CAD$0.80 per Common Share and will be immediately exercisable upon issuance for a period of five years following the issuance date.

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
    TORONTO, Sept. 24, 2021 (GLOBE NEWSWIRE) -- PharmaTher Holdings Ltd. (the Company or PharmaTher) (CSE: PHRM), a clinical-stage psychedelics biotech company, is pleased to announce that it has entered into a securities purchase agreement with institutional investors for a private placement of its common shares (Common Shares) and warrants to purchase common shares (Warrants) for gross proceeds of CAD$10 million (the Private Placement).
  • Pursuant to the Private Placement, the Company will issue 15,625,000 Common Shares and Warrants to purchase up to 15,625,000 Common Shares at a purchase price of CAD$0.64 per Common Share and associated Warrant.
  • H.C. Wainwright & Co. is acting as the exclusive placement agent for the Private Placement.
  • No securities were offered or sold to Canadian residents in connection with the Private Placement.