CAD

Purpose Investments Inc. Announces February 2024 Distributions

Retrieved on: 
Saturday, February 17, 2024

Purpose expects to issue a press release on or about February 27, 2024, which will provide the final distribution rate for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund.

Key Points: 
  • Purpose expects to issue a press release on or about February 27, 2024, which will provide the final distribution rate for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund.
  • The ex-distribution date will be February 28, 2024.
    Dividend is designated as an “eligible” Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
  • Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option.
  • Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent.

MINILUXE ANNOUNCES PROPOSED SHARES FOR DEBT SETTLEMENT

Retrieved on: 
Friday, February 16, 2024

Boston, MA, Feb. 16, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”) announces that in order to settle certain debts of the Company, it intends to issue to Paintbox, LLC (“Paintbox”) and certain arm’s length non-management employees of the Company (the “Employees”) an aggregate of 597,446 Class A subordinate voting shares in the capital of MiniLuxe (the “Shares”) at a price of per Share of CAD$0.52 (the “Shares for Debt Transaction”). The Shares for Debt Transaction will settle an aggregate of approximately USD$221,959 owing to Paintbox and the Employees in connection with the Company’s earnout obligations pursuant to its wholly-owned subsidiary’s acquisition of Paintbox in 2022, and certain cash bonus payments owing under the Employees’ employment agreements.

Key Points: 
  • Boston, MA, Feb. 16, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”) announces that in order to settle certain debts of the Company, it intends to issue to Paintbox, LLC (“Paintbox”) and certain arm’s length non-management employees of the Company (the “Employees”) an aggregate of 597,446 Class A subordinate voting shares in the capital of MiniLuxe (the “Shares”) at a price of per Share of CAD$0.52 (the “Shares for Debt Transaction”).
  • The Shares for Debt Transaction will settle an aggregate of approximately USD$221,959 owing to Paintbox and the Employees in connection with the Company’s earnout obligations pursuant to its wholly-owned subsidiary’s acquisition of Paintbox in 2022, and certain cash bonus payments owing under the Employees’ employment agreements.
  • Completion of the Shares for Debt Transaction is subject to the satisfaction of customary closing conditions, including the approval of the TSX Venture Exchange.
  • All securities issued pursuant to the Shares for Debt Transaction will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities legislation.

eXp Realty Continues to Welcome Top Talent Around the World

Retrieved on: 
Friday, February 16, 2024

"This year is shaping up to be an exciting year for eXp Realty as we continue to experience strong growth,” said Michael Valdes, Chief Growth Officer at eXp Realty.

Key Points: 
  • "This year is shaping up to be an exciting year for eXp Realty as we continue to experience strong growth,” said Michael Valdes, Chief Growth Officer at eXp Realty.
  • Justin Havre moved his 60-agent Justin Havre Real Estate Team, Canada’s #1 RE/MAX team for five straight years, to eXp Realty.
  • The Hub Real Estate and its founders, Shaun Dolon and Philip Hofeling, moved their 32-agent Colorado team to eXp Realty.
  • These recent additions and achievements highlight eXp Realty's commitment to attracting top talent and providing a supportive and innovative platform for its agents to thrive.

Empower Achieves Record $1 Billion (CAD) Base Earnings in 2023

Retrieved on: 
Friday, February 16, 2024

Empower today announced that it has entered its tenth year of operations with record earnings achieved through sustained business growth and sales momentum.

Key Points: 
  • Empower today announced that it has entered its tenth year of operations with record earnings achieved through sustained business growth and sales momentum.
  • The firm’s full-year after-tax base earnings1,2 in 2023 were $749 million (US) or $1 billion (CAD).
  • Empower, a leading provider of retirement and wealth management services, released results as part of a broader quarterly announcement by its parent company, Winnipeg-based Great-West Lifeco (TSX: GWO-CA).
  • AUA1 was $72 billion, up 31% over the prior year as a result of both strong net inflows and positive markets.

Meatable Strengthens Board of Directors to Accelerate Growth of Breakthrough Food Technology

Retrieved on: 
Thursday, February 15, 2024

“Meatable is at an exciting juncture in our growth trajectory as we prepare to launch our consumer products in Singapore and host our first tasting in the EU.

Key Points: 
  • “Meatable is at an exciting juncture in our growth trajectory as we prepare to launch our consumer products in Singapore and host our first tasting in the EU.
  • On the Meatable Board, Mr. Abony will support the company’s management team by advising on commercial development initiatives in the U.S. as well as future transactions.
  • “Compared to others in its category, Meatable is highly differentiated through its industry-first technology and phased approach.
  • “Meatable is working at the forefront of food technology and is a clear-cut leader in the cultivated meat space,” said Ms. Malarkey.

Matterport Launches Property Intelligence: Transforming Real Estate and Property Management with AI and Automation

Retrieved on: 
Thursday, February 15, 2024

The result of years of advancements in spatial data, computer vision, and deep learning, Property Intelligence unlocks information and data about a property that has never been so easily available thanks to the power of automation and AI at Matterport.

Key Points: 
  • The result of years of advancements in spatial data, computer vision, and deep learning, Property Intelligence unlocks information and data about a property that has never been so easily available thanks to the power of automation and AI at Matterport.
  • These new features bolster the company’s Property Marketing , Design and Construction , and Facilities Management solutions for automating key elements of home listings, construction projects, and factory floor operations.
  • “Since day one, our mission has been to fundamentally transform how people understand and access the built world.
  • Initially, customers will be able to de-furnish an entire space, remove items from the property, or clean out the clutter.

Foremost Lithium Appoints Seasoned Financial Executive Sead Hamzagic as Chief Financial Officer

Retrieved on: 
Thursday, February 15, 2024

VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today announced the appointment of seasoned finance and accounting executive Sead Hamzagic, CPA, CGA as Chief Financial Officer and Corporate Secretary.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today announced the appointment of seasoned finance and accounting executive Sead Hamzagic, CPA, CGA as Chief Financial Officer and Corporate Secretary.
  • Since 2008 he has led his own accounting and consulting practice, providing a full complement of financial services to public and private companies.
  • As Chief Financial Officer of Foremost Lithium, Sead will provide financial leadership to assist in building on the Company's goal of delivering value to its shareholders through the development of its Lithium Lane properties.
  • His experience in risk management, corporate strategic development, system implementation, regulatory compliance, financial reporting, internal controls and tax will prove invaluable towards strengthening the Company’s financial capabilities.

oceansix Unveils Game-Changing Patent for Next-Gen Reusable Packaging System

Retrieved on: 
Thursday, February 15, 2024

With a continuous commitment to executing its business plan, oceansix marks a significant milestone in its journey towards revolutionising e-commerce packaging.

Key Points: 
  • With a continuous commitment to executing its business plan, oceansix marks a significant milestone in its journey towards revolutionising e-commerce packaging.
  • Filed earlier this year, this invention is poised to set new standards in packaging efficiency and reusable systems.
  • This distinction places oceansix on the map of leading startups in Europe's circular economy sector, highlighting the reusable packaging project's potential and opening avenues for collaboration.
  • In addition to our recent announcement about the packaging system, oceansix has granted 300,000 options to a consultant, with a strike price of CAD 0.29, valid for five years.

Localcoin Introduces New Feature: Sell Bitcoin Easily with INTERAC e-Transfer®

Retrieved on: 
Thursday, February 15, 2024

Users can quickly and easily sell cryptocurrencies online and receive funds directly in their Canadian bank accounts via INTERAC e-Transfer within minutes.

Key Points: 
  • Users can quickly and easily sell cryptocurrencies online and receive funds directly in their Canadian bank accounts via INTERAC e-Transfer within minutes.
  • The inclusion of the INTERAC e-Transfer sell feature is a significant milestone for Localcoin, reflecting the company's dedication to streamlining cryptocurrency accessibility for its customers.
  • Key Benefits of Localcoin INTERAC e-Transfer feature:
    Convenience: By integrating with INTERAC e-Transfer, users can sell their cryptocurrencies for cash without driving to an ATM.
  • How to Use Localcoin INTERAC e-Transfer Sell:
    Sell your Bitcoin (BTC) online and get an INTERAC e-Transfer straight to your bank account.

EQS-News: Oceansix Unveils Game-Changing Patent for Next-Gen Reusable Packaging System

Retrieved on: 
Thursday, February 15, 2024

oceansix is a technology and manufacturing company on an environmental mission, using plastic waste to create innovative products and build transformative businesses.

Key Points: 
  • oceansix is a technology and manufacturing company on an environmental mission, using plastic waste to create innovative products and build transformative businesses.
  • With a continuous commitment to executing its business plan, oceansix marks a significant milestone in its journey towards revolutionising e-commerce packaging.
  • Filed earlier this year, this invention is poised to set new standards in packaging efficiency and reusable systems.
  • This distinction places oceansix on the map of leading startups in Europe's circular economy sector, highlighting the reusable packaging project's potential and opening avenues for collaboration.