TSX

Capital Power announces its inaugural Green Subordinated Notes offering

Retrieved on: 
Friday, August 19, 2022 - 1:50am

EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it has priced a public offering (the Offering) in Canada of C$350 million 7.95% Fixed-to-Fixed Rate Subordinated Notes, Series 1, due September 9, 2082 (the Notes).

Key Points: 
  • EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it has priced a public offering (the Offering) in Canada of C$350 million 7.95% Fixed-to-Fixed Rate Subordinated Notes, Series 1, due September 9, 2082 (the Notes).
  • The Offering represents the Companys first green bond offering pursuant to its recently released Green Financing Framework, which Sustainalytics reviewed and provided a second-party opinion confirming its credibility.
  • Capital Power (TSX: CPX) is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy headquartered in Edmonton, Alberta.
  • Capital Power owns approximately 6,600 MW of power generation capacity at 27 facilities across North America.

GCM Mining and Aris Gold File Joint Circular for Special Meetings of Shareholders to Approve Business Combination

Retrieved on: 
Friday, August 19, 2022 - 1:30am

TORONTO and VANCOUVER, British Columbia, Aug. 18, 2022 (GLOBE NEWSWIRE) -- GCM Mining Corp. (GCM Mining) (TSX: GCM; OTCQX: TPRFF) and Aris Gold Corporation (Aris Gold) (TSX: ARIS; OTCQX: ALLXF) announce they have filed the joint management information circular and related meeting materials in connection with their respective special meetings of shareholders to be held on September 19, 2022.

Key Points: 
  • TORONTO and VANCOUVER, British Columbia, Aug. 18, 2022 (GLOBE NEWSWIRE) -- GCM Mining Corp. (GCM Mining) (TSX: GCM; OTCQX: TPRFF) and Aris Gold Corporation (Aris Gold) (TSX: ARIS; OTCQX: ALLXF) announce they have filed the joint management information circular and related meeting materials in connection with their respective special meetings of shareholders to be held on September 19, 2022.
  • The purpose of the meetings is to approve the proposed business combination of GCM Mining and Aris Gold announced on July 25, 2022.
  • Pursuant to the transaction, Aris Gold shareholders will receive 0.5 of one GCM Mining share for each Aris Gold share held.
  • On August 16, 2022, Aris Gold obtained an interim order from the Supreme Court of British Columbia authorizing the holding of the Aris Gold special meeting of its shareholders and matters relating to the conduct of the Aris Gold Meeting.

Shawcor Awarded $500 Million Pipe Coating Contract in Southeast Mexico

Retrieved on: 
Friday, August 19, 2022 - 12:07am

TORONTO, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Shawcor Ltd. (Shawcor or the Company) (TSX: SCL) today announced that its pipe coating division (Pipeline Performance Group or PPG) has received a formal contract valued at approximately C$500 million from Transportadora de Gas Natural de la Huasteca, S. de R.L.

Key Points: 
  • TORONTO, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Shawcor Ltd. (Shawcor or the Company) (TSX: SCL) today announced that its pipe coating division (Pipeline Performance Group or PPG) has received a formal contract valued at approximately C$500 million from Transportadora de Gas Natural de la Huasteca, S. de R.L.
  • de C.V. (TGNH), the Mexican subsidiary of TC Energy Corporation (TC Energy), to supply pipe coating services on the Southeast Gateway Pipeline project (SGP), an offshore natural gas pipeline in southeast Mexico.
  • The work will be conducted from a high-capacity concrete coating facility which Shawcor will re-establish in Altamira, Mexico.
  • Shawcor leadership will share further details regarding the expected economic impact of this contract award in due course.

Endeavour Silver Founder and Chairman Bradford Cooke Passes Away

Retrieved on: 
Thursday, August 18, 2022 - 10:30pm

VANCOUVER, British Columbia, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (Endeavour or the Company) (NYSE: EXK; TSX: EDR) regrets to announce that the Companys founder, Director and Executive Chairman, Bradford Cooke passed away suddenly and unexpectedly in Vancouver, BC at the age of 67.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Endeavour Silver Corp. (Endeavour or the Company) (NYSE: EXK; TSX: EDR) regrets to announce that the Companys founder, Director and Executive Chairman, Bradford Cooke passed away suddenly and unexpectedly in Vancouver, BC at the age of 67.
  • He also served as President of the Silver Institute, as an industry voice in creating public awareness of the silver industry.
  • Brad Cooke formed Endeavour together with Godfrey Walton in 2003 for the purpose of acquiring and developing high grade silver-gold projects in Mexico.
  • About Endeavour Endeavour Silver Corp. is a mid-tier precious metals mining company that operates two high-grade underground silver-gold mines in Mexico.

Gran Tierra Energy Inc. Announces New Credit Facility

Retrieved on: 
Thursday, August 18, 2022 - 10:00pm

(Gran Tierra or the Company) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that it has, through its wholly owned subsidiaries Gran Tierra Energy Colombia, LLC and Gran Tierra Colombia Inc., entered into a credit facility of up to US$150 million.

Key Points: 
  • (Gran Tierra or the Company) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that it has, through its wholly owned subsidiaries Gran Tierra Energy Colombia, LLC and Gran Tierra Colombia Inc., entered into a credit facility of up to US$150 million.
  • The facility replaces Gran Tierra's previous credit facility that had a borrowing base of US$150 million.
  • Ryan Ellson, Chief Financial Officer of Gran Tierra, commented today:
    "We are very pleased to have successfully closed a new credit facility with Trafigura.
  • ABOUTGRAN TIERRA ENERGY INC.
    Gran Tierra Energy Inc. together with its subsidiaries is an independent international energy company currently focused on oil and natural gas exploration and production in Colombia and Ecuador.

Badger Infrastructure Solutions Ltd. Announces CEO Transition

Retrieved on: 
Thursday, August 18, 2022 - 10:05pm

CALGARY, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Badger Infrastructure Solutions Ltd. (Badger, the Company, we, our or us) (TSX:BDGI) announces that Paul Vanderberg, Badgers President & Chief Executive Officer, will retire from Badger.

Key Points: 
  • CALGARY, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Badger Infrastructure Solutions Ltd. (Badger, the Company, we, our or us) (TSX:BDGI) announces that Paul Vanderberg, Badgers President & Chief Executive Officer, will retire from Badger.
  • Badger has prepared for this transition since late 2021, as part of the Companys ongoing succession planning process.
  • About Badger Infrastructure Solutions Ltd.
    Badger Infrastructure Solutions Ltd. (TSX:BDGI) is North Americas largest provider of non-destructive excavating services.
  • The Badger Airvac complements the Badger Hydrovac, and both are designed and manufactured by Badger.

DIRTT Welcomes Brad Little as Chief Financial Officer

Retrieved on: 
Thursday, August 18, 2022 - 10:05pm

CALGARY, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- DIRTT (or the Company) (Nasdaq: DRTT, TSX: DRT), a global leader in industrialized construction, is pleased to welcome Brad Little as its new Chief Financial Officer, effective August 23, 2022.

Key Points: 
  • CALGARY, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- DIRTT (or the Company) (Nasdaq: DRTT, TSX: DRT), a global leader in industrialized construction, is pleased to welcome Brad Little as its new Chief Financial Officer, effective August 23, 2022.
  • In addition to leadership roles in publicly-traded companies, Brad has built deep knowledge of integrated manufacturing for construction through nearly 7 years with Cornerstone.
  • With previous CFO experience, Brad is adept at ensuring financial strategy aligns with the broader goals of the business.
  • Were thrilled to welcome Brad to the DIRTT team, said Benjamin Urban, Chief Executive Officer.

Brompton Split Banc Corp. Announces Successful Overnight Offering

Retrieved on: 
Thursday, August 18, 2022 - 6:48pm

TORONTO, Aug. 18, 2022 (GLOBE NEWSWIRE) -- (TSX: SBC, SBC.PR.A) Brompton Split Banc Corp. (the “Company”) is pleased to announce a successful overnight treasury offering of class A shares and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively). Gross proceeds of the offering are expected to be approximately $51 million. The offering is expected to close on or about August 25, 2022 and is subject to certain closing conditions. The Company has granted the Agents (as defined below) an over-allotment option, exercisable for 30 days following the closing date of the offering, to purchase additional Preferred Shares and Class A Shares up to such number as is equal to 15% of the number of Class A Shares issued at the closing of the offering.

Key Points: 
  • TORONTO, Aug. 18, 2022 (GLOBE NEWSWIRE) -- (TSX: SBC, SBC.PR.A) Brompton Split Banc Corp. (the Company) is pleased to announce a successful overnight treasury offering of class A shares and preferred shares (the Class A Shares and Preferred Shares, respectively).
  • Gross proceeds of the offering are expected to be approximately $51 million.
  • The offering is expected to close on or about August 25, 2022 and is subject to certain closing conditions.
  • Founded in 2000, Brompton is an experienced investment fund manager with income focused investment solutions including exchange-traded funds (ETFs) and other TSX traded investment funds.

Capital Power considers first ever Green hybrid subordinated debt securities offering in Canada

Retrieved on: 
Thursday, August 18, 2022 - 5:55pm

EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it is considering an offering of the first ever Green hybrid subordinated debt securities (the Notes) in Canada under its short form base shelf prospectus dated June 10, 2022.

Key Points: 
  • EDMONTON, Alberta, Aug. 18, 2022 (GLOBE NEWSWIRE) -- Capital Power Corporation (Capital Power or the Company) (TSX:CPX) announced today that it is considering an offering of the first ever Green hybrid subordinated debt securities (the Notes) in Canada under its short form base shelf prospectus dated June 10, 2022.
  • There is no certainty that Capital Power will ultimately complete the offering being considered or as to the timing or terms on which such an offering might be completed.
  • Capital Power (TSX: CPX) is a growth-oriented North American wholesale power producer with a strategic focus on sustainable energy headquartered in Edmonton, Alberta.
  • Capital Power owns approximately 6,600 MW of power generation capacity at 27 facilities across North America.

Fortune Minerals Announces Completion of 2015 Debentures Extension

Retrieved on: 
Thursday, August 18, 2022 - 2:24pm

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (Fortune or the Company) ( www.fortuneminerals.com ) is pleased to announce that, further to the company's news release dated August 16, 2022, it has executed definitive documentation with the holders of its debentures issued in 2015 (the "2015 Debentures") to extend their maturity date from August 12, 2022 to November 30, 2022.

Key Points: 
  • Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (Fortune or the Company) ( www.fortuneminerals.com ) is pleased to announce that, further to the company's news release dated August 16, 2022, it has executed definitive documentation with the holders of its debentures issued in 2015 (the "2015 Debentures") to extend their maturity date from August 12, 2022 to November 30, 2022.
  • As additional consideration for the extension of the maturity date, the Company has issued to the holders of the Amended Debentures an aggregate of 3,500,000 common shares of the Company.
  • The shares are subject to a hold period of four months and one day from the date of issuance.
  • Fortune is a Canadian mining company focused on developing the NICO Project in the Northwest Territories and Alberta.