Senior Officer Present Afloat

Nighthawk and Moneta Announce At-Market Merger to Create a Leading Canadian Gold Development Company

Retrieved on: 
Tuesday, November 28, 2023

Keyvan Salehi, President, CEO and Director of Nighthawk, and Josef Vejvoda, Interim CEO & Chairman of Moneta, jointly commented: “We believe that the Transaction presents an exciting opportunity to create a leading gold development company by bringing together two cornerstone assets in Canada.

Key Points: 
  • Keyvan Salehi, President, CEO and Director of Nighthawk, and Josef Vejvoda, Interim CEO & Chairman of Moneta, jointly commented: “We believe that the Transaction presents an exciting opportunity to create a leading gold development company by bringing together two cornerstone assets in Canada.
  • MergeCo will be underpinned by a considerable mineral resource of 7.8 million gold ounces in the Indicated category and 10.0 million gold ounces in the Inferred category1.
  • Potential to utilize excess mill capacity in proximity to the Tower Gold Project and accelerate towards near-term cash flow.
  • Synergies – Potential to unlock both G&A and operational efficiencies with seasonal workflow sequencing, staggered and phased development of the Projects.

Announcement of Public Servants Disclosure Protection Act review task force

Retrieved on: 
Tuesday, November 29, 2022

Today, the Honourable Mona Fortier, President of the Treasury Board, announced the appointment of an external task force that will explore revisions to the Public Servants Disclosure Protection Act (PSDPA).

Key Points: 
  • Today, the Honourable Mona Fortier, President of the Treasury Board, announced the appointment of an external task force that will explore revisions to the Public Servants Disclosure Protection Act (PSDPA).
  • The nine-member task force's review will consider opportunities to enhance the federal disclosure process and strengthen protections and supports for public servants who come forward to disclose wrongdoing.
  • The act created the Office of the Public Sector Integrity Commissioner, and also created the Public Servants Disclosure Protection Tribunal to address alleged cases of reprisal.
  • Currently, 134 government institutions are subject to the Public Servants Disclosure Protection Act, including departments, separate agencies, Crown corporations and wholly owned subsidiaries, and Agents of Parliament, all of which must establish internal disclosure procedures.

CoinSmart Announces Acquisition by Coinsquare, Creating one of Canada's Largest Crypto Asset Trading Platforms

Retrieved on: 
Friday, September 23, 2022

The acquisition and integration of these two businesses will establish Coinsquare as one of Canada's largest crypto asset trading platforms with a diversified and compliant offering across various business lines, including both retail and institutional trading, crypto payment processing, and digital asset custody.

Key Points: 
  • The acquisition and integration of these two businesses will establish Coinsquare as one of Canada's largest crypto asset trading platforms with a diversified and compliant offering across various business lines, including both retail and institutional trading, crypto payment processing, and digital asset custody.
  • - One of Canada's Largest Crypto Asset Trading Platforms: combined company will have transacted over $10 billion in crypto transactions since January 2018 and will have over $350 million in assets under custody, together with a diversified and regulated platform across trading, payments, asset management, and digital asset custody.
  • CoinSmart is one of the few crypto asset trading platforms in Canada to be registered as a securities dealer and marketplace with the Ontario Securities Commission.
  • Coinsquare has grown to become Canada's oldest operating digital asset firm, trading on behalf of over half a million Canadians.