TSX

North American Financial 15 Split Corp. Announces Overnight Offering

Retrieved on: 
Wednesday, January 19, 2022 - 8:27pm

The sales period of this overnight offering will end at 9:00 a.m. EST on January 20, 2022.

Key Points: 
  • The sales period of this overnight offering will end at 9:00 a.m. EST on January 20, 2022.
  • The offering is expected to close on or about January 27, 2022 and is subject to certain closing conditions including approval by the TSX.
  • Copies of the prospectus supplement and the short form base shelf prospectus may be obtained from your registered financial advisor using the contact information for such advisor, or from representatives of the agents listed above.
  • North American Financial 15 Split Corp.

OSC Announces New Commissioner Appointments

Retrieved on: 
Wednesday, January 19, 2022 - 8:19pm

TORONTO, Jan. 19, 2022 /CNW/ -Ontario Securities Commission (OSC) Chair and CEO Grant Vingoe today announced the following appointments to the Commission.

Key Points: 
  • TORONTO, Jan. 19, 2022 /CNW/ -Ontario Securities Commission (OSC) Chair and CEO Grant Vingoe today announced the following appointments to the Commission.
  • In welcoming these new additions to the OSC, Grant Vingoe commented, "we are delighted to have such seasoned professionals join the Commission.
  • Biographical information on all Commissioners is available in the About the OSC section of the OSC website.
  • Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at http://www.osc.ca .

EnerSpar and Israeli-Based Nurexone Announce Definitive Agreement

Retrieved on: 
Tuesday, January 18, 2022 - 10:13pm

Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - EnerSpar Corp. (TSXV: ENER) (FSE: 5E0) ("EnerSpar" or the "Company") is pleased to announce that they have entered into an arm's length securities exchange agreement dated January 3, 2022 (the "Agreement"), with Nurexone Biologic Ltd. ("Nurexone") and the shareholders of Nurexone (collectively, the "Vendors"), pursuant to which EnerSpar and Nurexone propose to complete a business combination (the "Proposed Transaction").

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - January 18, 2022) - EnerSpar Corp. (TSXV: ENER) (FSE: 5E0) ("EnerSpar" or the "Company") is pleased to announce that they have entered into an arm's length securities exchange agreement dated January 3, 2022 (the "Agreement"), with Nurexone Biologic Ltd. ("Nurexone") and the shareholders of Nurexone (collectively, the "Vendors"), pursuant to which EnerSpar and Nurexone propose to complete a business combination (the "Proposed Transaction").
  • Pursuant to the Agreement, EnerSpar will acquire each ordinary share of Nurexone in exchange for 17 post-Consolidation (as herein defined) EnerSpar shares from treasury (the "Consideration Shares").
  • Prior to the consummation of the Proposed Transaction, EnerSpar will, subject to the approval of EnerSpar Shareholders, consolidate all the issued and outstanding common shares of EnerSpar ("EnerSpar Shares") on the basis of 10 pre-consolidation EnerSpar Shares for each one post-consolidation EnerSpar Share (the "Consolidation").
  • Each Nurexone Private Placement Unit will consist of one Nurexone Share and one ordinary purchase warrant of Nurexone (each a "Nurexone Offering Warrant").

Rogers 5G Expands to 8 New Communities Across Eastern Ontario

Retrieved on: 
Wednesday, January 19, 2022 - 3:31pm

TORONTO, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Rogers Communications, together with the Eastern Ontario Regional Network (EORN), announced today it has extended its 5G network to reach more residents and businesses across eight new cities and towns throughout Eastern Ontario. Rogers 5G is now available in the following areas:

Key Points: 
  • Strong, reliable connectivity plays a critical role in Canadians daily lives, and Rogers is proud to bring next-generation wireless service to communities across Eastern Ontario, said Ted Woodhead, President, Eastern Ontario, Rogers Communications.
  • Through this partnership Rogers will deliver mobile connectivity to 113 municipalities and Indigenous communities in Eastern Ontario by building more than 300 new cellular towers and upgrading over 300 pre-existing sites by 2025.
  • We congratulate Rogers Communications for completing the first step in improving the reach and quality of cellular coverage across eastern Ontario through the EORN Cell Gap Project, said J. Murray Jones, Chair, Eastern Ontario Regional Network.
  • Rogers has now proudly connected more than 1,500 urban and rural communities to Rogers 5G across Canada.

Nuvei Approved to Process Payments for Online Sportsbook Operators in New York

Retrieved on: 
Wednesday, January 19, 2022 - 4:00pm

The commission approved five operators this month - Caesars Sportsbook, BetMGM, DraftKings, FanDuel and Rush Street Interactive - to accept mobile and online sports wagers.

Key Points: 
  • The commission approved five operators this month - Caesars Sportsbook, BetMGM, DraftKings, FanDuel and Rush Street Interactive - to accept mobile and online sports wagers.
  • Nuvei announced strategic alliances this past year with multiple US-regulated operators.
  • We are pleased to now be supporting online sports betting operators and platform providers with a convenient, fast and secure payments capability to serve their New York customers, said Nuvei Chair and CEO Philip Fayer.
  • Drawing on its deep roots with leading iGaming operators internationally and capabilities in the U.S. market, Nuvei stands as a proven solution provider to assist New York operators with industry expertise and payment processing technology.

Brookfield to Host Fourth Quarter 2021 Results Conference Call

Retrieved on: 
Wednesday, January 19, 2022 - 1:51pm

BROOKFIELD, NEWS, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Brookfield (NYSE:BAM)(TSX:BAM.A) will hold its fourth quarter 2021 conference call and webcast on Thursday, February 10, 2022 at 10:00a.m.

Key Points: 
  • BROOKFIELD, NEWS, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Brookfield (NYSE:BAM)(TSX:BAM.A) will hold its fourth quarter 2021 conference call and webcast on Thursday, February 10, 2022 at 10:00a.m.
  • Participants can join by conference call or webcast:
    Please pre-register by conference call: http://www.directeventreg.com/registration/event/1623487
    Upon registering, you will be emailed a dial-in number, direct passcode and unique PIN.
  • Brookfield owns and operates long-life assets and businesses, many of which form the backbone of the global economy.
  • Brookfield is listed on the New York and Toronto stock exchanges under the symbol BAM and BAM.A respectively.

TC Transcontinental ranks 16th among the world’s most sustainable corporations

Retrieved on: 
Wednesday, January 19, 2022 - 2:00pm

The Global 100 Most Sustainable Corporations in the World is a comprehensive analysis of 6,914 international organizations with revenues over $1 billion.

Key Points: 
  • The Global 100 Most Sustainable Corporations in the World is a comprehensive analysis of 6,914 international organizations with revenues over $1 billion.
  • TC Transcontinental is a leader in flexible packaging in North America, and Canadas largest printer.
  • Transcontinental Inc. (TSX: TCL.A TCL.B), known as TC Transcontinental, has approximately 8,000 employees, the majority of which are based in Canada, the United States and Latin America.
  • TC Transcontinental had revenues of more than C$2.6billion for the fiscal year ended October 31, 2021.

GCM Mining Reports Fourth Quarter and Full Year 2021 Production; Meets Annual Guidance for Sixth Consecutive Year

Retrieved on: 
Wednesday, January 19, 2022 - 12:00pm

Lombardo Paredes, Chief Executive Officer of GCM Mining, commenting on the Companys latest results, said, Our Segovia Operations continue to meet our expectations, finishing 2021 within our production guidance for the sixth consecutive year.

Key Points: 
  • Lombardo Paredes, Chief Executive Officer of GCM Mining, commenting on the Companys latest results, said, Our Segovia Operations continue to meet our expectations, finishing 2021 within our production guidance for the sixth consecutive year.
  • Our strategy of growth through diversification benefitted from our first concentrate production in the fourth quarter of 2021 from our new polymetallic plant at Segovia.
  • GCM Mining expects to release its 2021 fourth quarter and annual financial results together with the updated mineral reserve and resource estimates for its Segovia Operations on or about March 31, 2022.
  • GCM Mining Corp. is a mid-tier gold producer with a proven track record of mine building and operating in Latin America.

HEXO Provides Update on "The Path Forward"; Announces Cost Savings Initiatives

Retrieved on: 
Wednesday, January 19, 2022 - 11:30am

GATINEAU, Quebec, Jan. 19, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today provided an update on its previously announced strategic plan, "The Path Forward", designed to solidify HEXO’s position as the number one cannabis company in Canada by recreational market share, with the goal of becoming the first amongst its peers to be cash flow positive from operations.

Key Points: 
  • The Company has identified $30 million in savings from optimizing its production network and leveraging the capabilities of its recent acquisitions.
  • To more closely align the Companys operating costs with its size, HEXO announced significant cost-saving initiatives to reduce SG&A expenses.
  • The Company also serves the Colorado market through its Powered by HEXO strategy and Truss CBD USA, a joint venture with Molson-Coors.
  • With the completion of HEXO's recent acquisitions of Redecan and 48North, HEXO is a leading cannabis products company in Canada by recreational market share.

Toronto’s Lead Agency for Child & Youth Mental Health enters into a 5-year agreement with VitalHub to license TREAT for their Integrated Client Information and Care Coordination Solution

Retrieved on: 
Wednesday, January 19, 2022 - 12:00pm

This partnership represents a substantive investment in the TREAT solution with approximately 70% of the investment supporting recurrent license revenue.

Key Points: 
  • This partnership represents a substantive investment in the TREAT solution with approximately 70% of the investment supporting recurrent license revenue.
  • As Torontos lead agency for infant, child and youth mental health, Strides works with service providers to design and implement system-level improvements that transform access to services, experience of services and mental health outcomes for Torontos diverse communities.
  • TREAT will also support Ontarios Ministry of Children, Community and Social Services Child and Youth Mental Health Business Intelligence (CYMH BI) solution.
  • VitalHub provides technology to Health and Human Services providers including Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, Community and Social Services.