Companies listed on the Toronto Stock Exchange (A)

Dynamic Funds expands suite of Dynamic Active ETFs

Retrieved on: 
Tuesday, October 24, 2023

TORONTO, Oct. 24, 2023 /CNW/ - Dynamic Funds announces the expansion of its Active ETF lineup with the launch of four new ETFs.

Key Points: 
  • TORONTO, Oct. 24, 2023 /CNW/ - Dynamic Funds announces the expansion of its Active ETF lineup with the launch of four new ETFs.
  • Dynamic Active Canadian Bond ETF (Ticker: DXBC), Dynamic Active Global Equity Income ETF (Ticker: DXGE), Dynamic Active U.S. Equity ETF (Ticker: DXUS) and Dynamic Active U.S. Investment Grade Corporate Bond ETF (Ticker: DXBU) will be listed on the Toronto Stock Exchange (TSX) today.
  • "Since the first Dynamic Active ETFs were launched more than five years ago, the suite has continued to grow and has attracted considerable assets," says Mark Brisley, Managing Director, Dynamic Funds.
  • "These ETFs further expand the Dynamic Active ETF toolbox and provide our clients with more options to diversify their portfolios."

BCE reports results of conversion of its series AQ preferred shares into series AR preferred shares

Retrieved on: 
Tuesday, September 19, 2023

MONTRÉAL, Sept. 19, 2023 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that none of its fixed-rate Cumulative Redeemable First Preferred Shares, Series AQ (Series AQ Preferred Shares) will be converted into floating-rate Cumulative Redeemable First Preferred Shares, Series AR (Series AR Preferred Shares) on October 3, 2023.

Key Points: 
  • MONTRÉAL, Sept. 19, 2023 /PRNewswire/ - BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that none of its fixed-rate Cumulative Redeemable First Preferred Shares, Series AQ (Series AQ Preferred Shares) will be converted into floating-rate Cumulative Redeemable First Preferred Shares, Series AR (Series AR Preferred Shares) on October 3, 2023.
  • On August 31, 2023, notice was provided that holders of Series AQ Preferred Shares could elect to convert their shares into Series AR Preferred Shares subject to the terms and conditions attached to those shares.
  • Only 44,620 of BCE's 8,561,800 Series AQ Preferred Shares were tendered for conversion on October 3, 2023 into Series AR Preferred Shares.
  • As this would result in there being less than one million Series AR Preferred Shares outstanding, no Series AQ Preferred Shares will be converted on October 3, 2023 into Series AR Preferred Shares, as per the terms and conditions attached to those shares.

LogicMonitor Named to Inc. 5000 Annual List for the Second Consecutive Year

Retrieved on: 
Tuesday, August 15, 2023

LogicMonitor , the leading SaaS-based unified observability platform for hybrid IT infrastructure, today announced it has ranked as number 2,866 on the 2023 Inc. 5000 list.

Key Points: 
  • LogicMonitor , the leading SaaS-based unified observability platform for hybrid IT infrastructure, today announced it has ranked as number 2,866 on the 2023 Inc. 5000 list.
  • The list provides a unique look at the most successful companies within the American economy’s most dynamic segment – its independent businesses.
  • “At LogicMonitor, innovation and customer success are values that we hold dear and are integral to our culture.
  • Most recently, it announced an expanded partnership with AWS and was named to The Financial Times’ Fastest Growing Companies List in The Americas .

NXT Provides Updates on the Ataraxia Convertible Debenture and Preferred Share Terms

Retrieved on: 
Wednesday, July 26, 2023

As per an agreement between NXT and Ataraxia Capital (“Ataraxia”), both parties have agreed to delete Section 6.2 (Post-Liquidation Participation Right) from Schedule C.

Key Points: 
  • As per an agreement between NXT and Ataraxia Capital (“Ataraxia”), both parties have agreed to delete Section 6.2 (Post-Liquidation Participation Right) from Schedule C.
    The convertible debentures are for a term of two years.
  • The terms of the convertible debentures include an annual interest rate of 10%, paid quarterly and a fixed conversion price of US$0.143 per common share.
  • Holders of preferred shares shall be entitled to one vote for each preferred share held, and shall be entitled to vote as one class with the common shares.
  • At the option of Ataraxia, it may convert the convertible debentures into 9,790,209 voting convertible preferred shares as defined in Schedule C or 9,790,209 common shares.

Manulife Financial Corporation announces Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 13

Retrieved on: 
Wednesday, July 26, 2023

As a result, subject to certain conditions described in the prospectus supplement dated June 17, 2013 relating to the issuance of the Series 13 Preferred Shares (the "Prospectus"), the holders of the Series 13 Preferred Shares have the right, at their option, to convert all or part of their Series 13 Preferred Shares on a one-for-one basis into Non-cumulative Floating Rate Class 1 Shares Series 14 of Manulife (the "Series 14 Preferred Shares") on September 19, 2023.

Key Points: 
  • As a result, subject to certain conditions described in the prospectus supplement dated June 17, 2013 relating to the issuance of the Series 13 Preferred Shares (the "Prospectus"), the holders of the Series 13 Preferred Shares have the right, at their option, to convert all or part of their Series 13 Preferred Shares on a one-for-one basis into Non-cumulative Floating Rate Class 1 Shares Series 14 of Manulife (the "Series 14 Preferred Shares") on September 19, 2023.
  • A formal notice of the right to convert Series 13 Preferred Shares into Series 14 Preferred Shares will be sent to the registered holders of the Series 13 Preferred Shares in accordance with the share conditions of the Series 13 Preferred Shares.
  • Holders of Series 13 Preferred Shares are not required to elect to convert all or any part of their Series 13 Preferred Shares into Series 14 Preferred Shares.
  • The foregoing conversion right is subject to the conditions that: (i) if, after September 4, 2023, Manulife determines that there would be less than 1,000,000 Series 13 Preferred Shares outstanding on September 19, 2023, then all remaining Series 13 Preferred Shares will automatically be converted into an equal number of Series 14 Preferred Shares on September 19, 2023, and (ii) alternatively, if, after September 4, 2023, Manulife determines that there would be less than 1,000,000 Series 14 Preferred Shares outstanding on September 19, 2023, then no Series 13 Preferred Shares will be converted into Series 14 Preferred Shares.

Canadian Banc Corp. Announces TSX Acceptance of Normal Course Issuer Bid

Retrieved on: 
Thursday, May 25, 2023

TORONTO, May 25, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems.

Key Points: 
  • TORONTO, May 25, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems.
  • As of May 15, 2023, there were 22,287,682 Preferred Shares and 22,082,182 Class A Shares issued and outstanding.
  • Under the previous normal course issuer bid that commenced on May 27, 2022 and will terminate on May 26, 2023, no purchases of Preferred Shares or Class A Shares were made.
  • All purchases will be made through the facilities and in accordance with the rules and policies of the TSX.

Canadian Life Companies Split Corp. Announces TSX Acceptance of Normal Course Issuer Bid

Retrieved on: 
Thursday, May 25, 2023

TORONTO, May 25, 2023 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems.

Key Points: 
  • TORONTO, May 25, 2023 (GLOBE NEWSWIRE) -- Canadian Life Companies Split Corp. (the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has accepted its notice of intention to make a Normal Course Issuer Bid (the “NCIB”) to purchase its Preferred Shares and Class A Shares through the facilities of the TSX and/or alternative Canadian trading systems.
  • As of May 15, 2023, there were 11,644,001 Preferred Shares and 11,525,201 Class A Shares issued and outstanding.
  • Under the previous normal course issuer bid that commenced on May 27, 2022 and will terminate on May 26, 2023, 13,500 Preferred Shares and 132,300 Class A Shares were purchased.
  • All purchases will be made through the facilities and in accordance with the rules and policies of the TSX.

PCI Named South Florida Business Journal’s Business of the Year Award Winner

Retrieved on: 
Wednesday, April 19, 2023

Nominees for the award were divided into six categories based on size—and PCI took the top honor in the $250M to $500M revenue category.

Key Points: 
  • Nominees for the award were divided into six categories based on size—and PCI took the top honor in the $250M to $500M revenue category.
  • (Photo: Business Wire)
    “We are humbled and honored to be recognized by the South Florida Business Journal and an esteemed panel of our peers with the Business of the Year Award,” said Ismael Diaz, president & CEO, Postal Center International.
  • Late last year, PCI ranked #1 on the South Florida Business Journal’s “ Top Commercial Printers ” Book of Lists for the fourth consecutive year.
  • Additional details about the program and the full list of honorees are available on the South Florida Business Journal’s website .

Dividend Growth Split Corp. Establishes At-The-Market Equity Program

Retrieved on: 
Friday, April 14, 2023

TORONTO, April 14, 2023 (GLOBE NEWSWIRE) -- (TSX: DGS, DGS.PR.A) Dividend Growth Split Corp. (the “Company”) is pleased to announce it has established an at-the-market equity program (“ATM Program”) that allows the Company to issue class A and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively) to the public from time to time, at the Company’s discretion. Any Class A Shares or Preferred Shares sold in the ATM Program will be sold through the Toronto Stock Exchange (the “TSX”) or any other marketplace in Canada on which the Class A Shares and Preferred Shares are listed, quoted or otherwise traded at the prevailing market price at the time of sale. Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated April 14, 2023 (the “Equity Distribution Agreement”) with RBC Capital Markets (the “Agent”).

Key Points: 
  • TORONTO, April 14, 2023 (GLOBE NEWSWIRE) -- (TSX: DGS, DGS.PR.A) Dividend Growth Split Corp. (the “Company”) is pleased to announce it has established an at-the-market equity program (“ATM Program”) that allows the Company to issue class A and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively) to the public from time to time, at the Company’s discretion.
  • Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated April 14, 2023 (the “Equity Distribution Agreement”) with RBC Capital Markets (the “Agent”).
  • The volume and timing of distributions under the ATM Program, if any, will be determined at the Company’s sole discretion.
  • The Company invests in a portfolio (the “Portfolio”) consisting primarily of equity securities of Canadian dividend growth companies.

Purpose Investments Inc. Announces Payouts Relating to the Termination of Purpose Behavioural Opportunities Fund, Purpose US Dividend Fund and Purpose Crypto Opportunities ETF

Retrieved on: 
Friday, March 31, 2023

TORONTO, March 30, 2023 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) announced today additional information regarding the termination of Purpose Behavioural Opportunities Fund , Purpose US Dividend Fund and Purpose Crypto Opportunities ETF (collectively, the “Funds”) that was announced on January 19, 2023.

Key Points: 
  • TORONTO, March 30, 2023 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) announced today additional information regarding the termination of Purpose Behavioural Opportunities Fund , Purpose US Dividend Fund and Purpose Crypto Opportunities ETF (collectively, the “Funds”) that was announced on January 19, 2023.
  • On March 29, 2023, Purpose redeemed all of the issued and outstanding (i) ETF shares, Series A shares and Series F shares of Purpose Behavioural Opportunities Fund; (ii) ETF units, ETF non-currency hedged units, Class A units, Class A non-currency hedged units, Class F units and Class F non-currency hedged units of Purpose US Dividend Fund; and (iii) ETF units, Canadian dollar denominated ETF non-currency hedged units, U.S. dollar denominated ETF non-currency hedged units, Class A non-currency hedged units, Class F non-currency hedged units and Class I non-currency hedged units of Purpose Crypto Opportunities ETF.
  • The (i) ETF shares of Purpose Behavioural Opportunities Fund were voluntarily delisted from the NEO Exchange on March 27, 2023, at the close and (ii) the ETF units and ETF non-currency hedged units of Purpose US Dividend Fund and the ETF units, Canadian dollar denominated ETF non-currency hedged units and U.S. dollar denominated ETF non-currency hedged units of Purpose Crypto Opportunities ETF were voluntarily delisted from the Toronto Stock Exchange on March 27, 2023, at the close.
  • Fund securityholders will receive the following amounts on or about March 31, 2023, in connection with the termination of the Funds and no action is required to be taken by securityholders to receive such amounts.