BMG Canada Inc v Doe

The CORE launches investigation into Levi Strauss Canada

Retrieved on: 
Wednesday, September 20, 2023
Supplier Code of Conduct, Ombudsman, CORE, Levi Strauss & Co., Levi Strauss, BMG Canada Inc v Doe

OTTAWA, Sept. 20, 2023 (GLOBE NEWSWIRE) -- The CORE, the Canadian Ombudsperson for Responsible Enterprise, announced today the launch of an investigation into allegations of Uyghur forced labour in the supply chain of Canadian garment company, Levi Strauss & Co. Canada Inc. (Levi Strauss Canada).

Key Points: 
  • OTTAWA, Sept. 20, 2023 (GLOBE NEWSWIRE) -- The CORE, the Canadian Ombudsperson for Responsible Enterprise, announced today the launch of an investigation into allegations of Uyghur forced labour in the supply chain of Canadian garment company, Levi Strauss & Co. Canada Inc. (Levi Strauss Canada).
  • The Levi Strauss & Co. Canada Inc.
  • Levi Strauss Canada denies the allegation and maintains their commitment to human and labour rights through its Supplier Code of Conduct.
  • Levi Strauss Canada did not make itself available for an initial assessment meeting nor did it provide information verifying its response to the allegations.

Court Approves Plan of Arrangement For Acquisition of Velan by Flowserve

Retrieved on: 
Tuesday, May 16, 2023
Flowserve, BMG Canada Inc v Doe, Superior court, Lease purchase contract, VLN, TSX, Arrangement, Solano County Superior Court, SEDAR, Velan

MONTREAL, May 16, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (“Velan”) (TSX: VLN) today announced that the Superior Court of Québec has issued a final order approving the previously announced plan of arrangement attached to the arrangement agreement made as of February 9, 2023 among Velan, 14714750 Canada Inc. (the “Purchaser”) and Flowserve US Inc., as amended by the first amendment to the arrangement agreement dated March 27, 2023 (the “Arrangement Agreement”) pursuant to which all of Velan’s issued and outstanding shares of Velan (the “Shares”) would be acquired for $13.00 per Share in cash by the Purchaser, a wholly owned subsidiary of Flowserve Corporation (the “Arrangement”).

Key Points: 
  • MONTREAL, May 16, 2023 (GLOBE NEWSWIRE) -- Velan Inc. (“Velan”) (TSX: VLN) today announced that the Superior Court of Québec has issued a final order approving the previously announced plan of arrangement attached to the arrangement agreement made as of February 9, 2023 among Velan, 14714750 Canada Inc. (the “Purchaser”) and Flowserve US Inc., as amended by the first amendment to the arrangement agreement dated March 27, 2023 (the “Arrangement Agreement”) pursuant to which all of Velan’s issued and outstanding shares of Velan (the “Shares”) would be acquired for $13.00 per Share in cash by the Purchaser, a wholly owned subsidiary of Flowserve Corporation (the “Arrangement”).
  • The Arrangement remains subject to customary closing conditions, including the regulatory approvals and clearances.
  • The completion of the Arrangement is expected to occur in the third quarter of 2023 (calendar year).
  • Further information regarding the Arrangement can be found in the management information circular filed by Velan on April 4, 2023, which is available at https://www.velan.com/en/company/investor_relations and under Velan’s profile on SEDAR at www.sedar.com .

Enforcement Notice - Hearing - 22-0174 - IIROC to Hold a Settlement Hearing for R. J. O'Brien & Associates Canada Inc.

Retrieved on: 
Thursday, November 10, 2022
Hearing, BMG Canada Inc v Doe, Enforcement, Chemistry (relationship), Motion, Investment Industry Regulatory Organization of Canada, Indian Residential Schools Settlement Agreement, Panel, Settlement, Notice of Hearing, Financial adviser, Property management, IIROC

The hearing is not open to the public, but will become open in the event that the panel accepts the agreement.

Key Points: 
  • The hearing is not open to the public, but will become open in the event that the panel accepts the agreement.
  • If the agreement is accepted, the Panel's decision and the Settlement Agreement will be made available at www.iiroc.ca .
  • Hearing Date:The hearing will be held by way of videoconference on November 30, 2022 at 10:00 a.m.
    IIROC formally initiated the investigation into R. J. O'Brien & Associates Canada Inc.'s conduct in January 2019.
  • The Notice of Motion announcing the settlement hearing is available at:
    R. J. O'Brien & Associates Canada Inc. Notice of Motion
    All information about disciplinary proceedings relating to current and former member firms is available in the Enforcement section of the IIROC website.

Sierra Wireless Securityholders Approve Acquisition by Semtech Corporation

Retrieved on: 
Wednesday, September 28, 2022
IOT (Internet of Things), Technology, Mobile, Wireless, Software, Networks, Hardware, Shareholder, Software, Nasdaq, TSX, Algorithm, Engineering, Transaction, Meeting, EDGAR, SMTC, Law of the United Kingdom, Legislation, Share (finance), Company, Acquisition, Supreme court, Internal, Sierra Wireless, Environment, U.S. Securities and Exchange Commission, Wireless, Toronto Stock Exchange, BMG Canada Inc v Doe, SWIR, Solution, Accounting, API, Private Securities Litigation Reform Act, Court, NASDAQ, Semtech, Security (finance), Proxy, IOT, Bookkeeping, Arrangement

Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) (Sierra Wireless or the Company) is pleased to announce that its Securityholders (as defined below) have approved the acquisition of all of the outstanding shares of the Company (the Shares) by 13548597 Canada Inc., a wholly-owned subsidiary of Semtech Corporation (Semtech) by way of a statutory plan of arrangement (the Transaction or the Arrangement) at the special meeting of Securityholders held today (the Meeting).

Key Points: 
  • Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) (Sierra Wireless or the Company) is pleased to announce that its Securityholders (as defined below) have approved the acquisition of all of the outstanding shares of the Company (the Shares) by 13548597 Canada Inc., a wholly-owned subsidiary of Semtech Corporation (Semtech) by way of a statutory plan of arrangement (the Transaction or the Arrangement) at the special meeting of Securityholders held today (the Meeting).
  • Sierra Wireless (Nasdaq: SWIR) (TSX: SW) is a world leading IoT solutions provider that combines devices, network services, and software to unlock value in the connected economy.
  • With more than 25 years of cellular IoT experience, Sierra Wireless is a global partner customers trust to deliver them their next IoT solution.
  • Semtech Corporation is a leading global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms for infrastructure, high-end consumer and industrial equipment.

P. Peter Pascali Updates Early Warning Report

Retrieved on: 
Sunday, April 10, 2022
Exercise, Toronto Stock Exchange, Plasma, NASDAQ, ASDP, Legislation, Ownership, SEDAR, FRA, Suite, TSX, Intention, Canada, GLOBE, BMG Canada Inc v Doe, Foundation, Indian stock exchange, Security (finance), Disposition, 0 A.D. (video game), Holding company, Trust

This represents, in aggregate (the Total Ownership), 79,744,498 Common Shares, or 46.87% of the issued and outstanding Common Shares.

Key Points: 
  • This represents, in aggregate (the Total Ownership), 79,744,498 Common Shares, or 46.87% of the issued and outstanding Common Shares.
  • Of such Total Ownership of 85,014,498 Common Shares, (i) 69,012,941 Common Shares would be beneficially owned and controlled by Mr. Pascali, (ii) 7,251,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Holdco, (iii) 6,750,557 Common Shares (or 6,000,557 Common Shares assuming the completion of the Proposed Disposition) would be controlled by Mr. Pascali and beneficially owned by the Trust, and (iv) 2,000,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Foundation.
  • Of such Total Ownership of 85,664,498 Common Shares, (i) 69,662,941 Common Shares would be beneficially owned and controlled by Mr. Pascali, (ii) 7,251,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Holdco, (iii) 6,750,557 Common Shares (or 6,000,557 Common Shares assuming the completion of the Proposed Disposition) would be controlled by Mr. Pascali and beneficially owned by the Trust, and (iv) 2,000,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Foundation.
  • For further information, including regarding the early warning report, including a copy of same (which is available under PyroGenesis SEDAR profile at www.sedar.com), please contact:
    P. Peter Pascali, President and Chief Executive Officer of PyroGenesis, at 514-937-0002.

Converge Technology Solutions Corp. Announces Portage CyberTech Inc. Acquires OPIN

Retrieved on: 
Wednesday, December 1, 2021
Cloud, Company, TSX, Trust, BMG Canada Inc v Doe, GLOBE, Open innovation, Computer, Government, App Store (iOS/iPadOS), CEO, Software as a service, Tata Steel Europe, Achievement, LTD, Technology, WebOS, VSS, Solution, Goal, LLC, Trusted Platform Module, CTS, Commerce, Growth, CTO, Industry, Acquisition, OPIN, Opin, Culture, Organization, Intention, Converge, Privacy, Public sector, Online shopping

TORONTO and GATINEAU, Qubec, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Converge Technology Solutions Corp. (Converge or the Company) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, is pleased to announce its 53% owned subsidiary, Portage CyberTech Inc. (Portage CyberTech) has acquired OPIN Digital Inc.

Key Points: 
  • TORONTO and GATINEAU, Qubec, Dec. 01, 2021 (GLOBE NEWSWIRE) -- Converge Technology Solutions Corp. (Converge or the Company) (TSX:CTS) (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, is pleased to announce its 53% owned subsidiary, Portage CyberTech Inc. (Portage CyberTech) has acquired OPIN Digital Inc.
  • This is the 25th acquisition made by Converge or its affiliates and is the first acquisition made by Portage CyberTech.
  • Converge is tremendously excited to bring in OPIN as part of Portage CyberTech, stated Don Cuthbertson, CTO of Converge & CEO of Portage CyberTech.
  • Converge Technology Solutions Corp. is a software-enabled IT & Cloud Solutions provider focused on delivering industry-leading solutions and services.

Tiidal Gaming Group Announces Closing of Reverse Takeover Transaction

Retrieved on: 
Wednesday, November 10, 2021
Lazarus, Treasury, Business, Indian stock exchange, News, National instrument, CSE, Esports, GTA, Related, Canada, Setter Capital Inc, Ownership, Technology, SEDAR, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Suite, Exercise, BMG Canada Inc v Doe, CM, Issuer, Consolidation (business), Company, Disclosure, Business architecture, Concurrency, Warrant, Time, Canadian Securities Exchange, Current, Bay Street, Security (finance)

Shares Expected to Commence Trading on the CSE Under Symbol "TIDL" on or about November 17, 2021

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - November 10, 2021) - Tiidal Gaming Group Corp. (CSE: TIDL) (the "Company"), formerly GTA Financecorp Inc. ("GTA"), today announces the successful closing of its previously announced reverse takeover of GTA by Tiidal Gaming Group Inc. (the "Business Combination").
  • The Business Combination was effected by way of a three-cornered amalgamation among GTA, Tiidal Gaming Group Inc. ("Tiidal") and 2852773 Ontario Inc. ("Subco"), a wholly-owned subsidiary of GTA, pursuant to which Tiidal amalgamated with Subco to form an amalgamated entity called "Tiidal Gaming Holdings Inc.".
  • In connection with the Business Combination, shareholders of Tiidal received one Resulting Issuer Share for every share of Tiidal held, and now hold an aggregate of 68,460,125 Resulting Issuer Shares (inclusive of subscribers in the Concurrent Financing).
  • Tiidal is an esports and gaming platform company focused on owning and operating synergistic businesses in the gaming ecosystem, including its wholly-owned subsidiaries Sportsflare and Lazarus Esports.

extractX Ltd. Announces Spin-off of Ownership in lhivelive Inc. and Settlement of Certain Liabilities

Retrieved on: 
Thursday, September 30, 2021
Securities Act of 1933, Securities Exchange Act of 1934, BMG Canada Inc v Doe, Board of directors, Intention, Ownership, Amalgamation, Board, Company, Agreement, GLOBE, Security (finance)

NIAGARA, Ontario, Sept. 30, 2021 (GLOBE NEWSWIRE) -- extractX Ltd. (formerly Tri-Media Integrated Marketing Technologies Inc.) (the "Company"), today announced the spin-off of its ownership in lhivelive Inc. and the settlement of certain liabilities.

Key Points: 
  • NIAGARA, Ontario, Sept. 30, 2021 (GLOBE NEWSWIRE) -- extractX Ltd. (formerly Tri-Media Integrated Marketing Technologies Inc.) (the "Company"), today announced the spin-off of its ownership in lhivelive Inc. and the settlement of certain liabilities.
  • The Company created a security entitling its holders to these assets and is treating this transaction as a dividend of that Company security.
  • No stock exchanges have reviewed or accepted responsibility for the adequacy or accuracy of the content of this press release.
  • Although extractX Ltd. believes that the statements are reasonable, it can give no assurances that such expectation will prove to be correct.

EXFO Announces Receipt of Final Court Approval

Retrieved on: 
Friday, August 20, 2021
Industry, BMG Canada Inc v Doe, Software, U.S. Securities and Exchange Commission, Intention, Private Securities Litigation Reform Act, Arrangement, Automation, Forward-looking statement, EXFO, NASDAQ, Superior court, Solution, TSX, Security (finance)

QUEBEC CITY, Aug. 20, 2021 /PRNewswire/ -EXFO Inc. ("EXFO" or the"Corporation") (NASDAQ: EXFO) (TSX: EXF) is pleased to announce that the Superior Court of Qubec has issued a final order approving the previously announced plan of arrangement with 11172239 Canada Inc. (the "Arrangement").

Key Points: 
  • QUEBEC CITY, Aug. 20, 2021 /PRNewswire/ -EXFO Inc. ("EXFO" or the"Corporation") (NASDAQ: EXFO) (TSX: EXF) is pleased to announce that the Superior Court of Qubec has issued a final order approving the previously announced plan of arrangement with 11172239 Canada Inc. (the "Arrangement").
  • The Arrangement is expected to be completed on or about August 27, 2021, subject to the satisfaction or waiver of customary closing conditions.
  • Further information regarding the Arrangement is provided in the management information circular dated July 15, 2021.
  • EXFO develops smarter test, monitoring and analytics solutions for fixed and mobile network operators, webscale companies and equipment manufacturers in the global communications industry.

EXFO Inc. Announces Increase in Purchase Price to $US6.25 for Going-Private Transaction and Entering into Support and Voting Agreements with Large Minority Shareholders

Retrieved on: 
Monday, August 9, 2021
Software, Compliance, EXFO, COVID-19, THE, Toronto Stock Exchange, Board of directors, The Meeting, Private Securities Litigation Reform Act, Industry, Corporation, Acquisition, BMG Canada Inc v Doe, Canadian House of Commons Special Committee on Electoral Reform, Public health, Telephone, Solution, NASDAQ, SEC, Certification, TSX, Arrangement, Forward-looking statement, Committee, AND, Hierarchy, Director, Intention, Automation, Capital, Meeting, Board, Security (finance)

"We have been long term supportive shareholders of EXFO and we support Mr. Lamonde's revised offer to take EXFO private.

Key Points: 
  • "We have been long term supportive shareholders of EXFO and we support Mr. Lamonde's revised offer to take EXFO private.
  • We believe that the transaction represents a fair outcome for EXFO's minority shareholders as it provides actionable, attractive and immediate liquidity," said Chris Galvin, Managing Partner at Westerly Capital.
  • In connection with the transaction, the Corporation has prepared and mailed a Schedule13E-3 Transaction Statement (the "Schedule13E-3").
  • This announcement is for informational purposes only and does not constitute an offer to purchase or a solicitation of an offer to sell shares of EXFO.