Canada

Government of Canada announces new domestic transportation measures

Saturday, March 28, 2020 - 4:38pm

OTTAWA, March 28, 2020 /CNW/ - The Government of Canada continues to monitor the evolving COVID-19 pandemic, and is constantly determining what new measures may be required to contain the spread of the virus.

Key Points: 
  • OTTAWA, March 28, 2020 /CNW/ - The Government of Canada continues to monitor the evolving COVID-19 pandemic, and is constantly determining what new measures may be required to contain the spread of the virus.
  • To that end, today, the Minister of Transport, the Honourable Marc Garneau, announced that the Government of Canada is introducing new domestic transportation measures to support provincial, territorial and local efforts to mitigate the risk of COVID-19 spreading from travelling within Canada.
  • A requirement for all air operators to conduct a health check of travellers before they board a flight within Canada or departing from Canada, based on guidance from the Public Health Agency of Canada.
  • A requirement for air operators to notify travellers that they may be subject to provincial or territorial measures at their final destination.

MAGNA POSTS 2019 ANNUAL REPORT

Friday, March 27, 2020 - 11:28pm

AURORA, Ontario, March 27, 2020 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2019 Annual Report, including Managements Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the companys website, www.magna.com.

Key Points: 
  • AURORA, Ontario, March 27, 2020 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2019 Annual Report, including Managements Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the companys website, www.magna.com.
  • Magna has also filed these documents with the Canadian Securities Administrators (accessible through its website at www.sedar.com) and the U.S. Securities and Exchange Commission (accessible through its website at www.sec.gov/edgar).
  • Our 2020 Annual Meeting of Shareholders will be held on Thursday May 7, 2020, commencing at 10:00 a.m. (Eastern Daylight Time).
  • Magna will provide a hard copy of its audited financial statements as contained in our 2019 Annual Report to Shareholders, free of charge, on request through our website or in writing to Magna International Inc., Attn: Corporate Secretary, 337 Magna Drive, Aurora, ON, Canada L4G 7K1.

LifeSciences BC Call to Action - COVID-19; All BC Medical Suppliers, Manufactures and Laboratories

Friday, March 27, 2020 - 10:04pm

As COVID-19 places a strain on urgent patient care and therapeutic treatments, a critical need has developed for medical supplies that are indispensable on the front line.

Key Points: 
  • As COVID-19 places a strain on urgent patient care and therapeutic treatments, a critical need has developed for medical supplies that are indispensable on the front line.
  • To address this crucial need, LifeSciences BC has taken on the role of identifying, creating and collecting medical equipment to enable dispensing of vital patient care treatment without interruption.
  • If you have medical equipment, PPE (Personal Protective Equipment) or if you are able to manufacture critical care equipment that can be inventoried, picked up, and supplied to health authorities for use on the front line, please distribute these forms.
  • Circulating these forms as widely as possible, will serve to identify, coordinate and manage the collection and distribution of critical supply chain medical resources in this time of COVID-19.

New Small and Medium-sized Enterprise Loan and Guarantee program to help ease access to credit for entrepreneurs impacted by COVID-19

Friday, March 27, 2020 - 7:33pm

The program will help Canada's financial institutions provide credit and liquidity options, backed by BDC and EDC, that a range of Canadian businesses need.

Key Points: 
  • The program will help Canada's financial institutions provide credit and liquidity options, backed by BDC and EDC, that a range of Canadian businesses need.
  • To access these loans, business owners must contact their primary financial institution which will assess their situation and deploy the financing as appropriate.
  • "The current economic conditions have severely impacted Canada's small and medium-size entrepreneurs," stated Michael Denham, President & CEO of BDC.
  • The Bank will be updating the page regularly with tools, financial solutions and additional measures to help entrepreneurs through the situation.

Alamos Gold Provides Notice of Completion of Annual Filings

Friday, March 27, 2020 - 7:00pm

TORONTO, March 27, 2020 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (Alamos or the Company) today announced that it has filed its annual information form and 2019 annual report on Form 40-F, including its audited financial statements for the year ended December 31, 2019, with the SEC on EDGAR as well as the Canadian securities authorities on SEDAR.

Key Points: 
  • TORONTO, March 27, 2020 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (Alamos or the Company) today announced that it has filed its annual information form and 2019 annual report on Form 40-F, including its audited financial statements for the year ended December 31, 2019, with the SEC on EDGAR as well as the Canadian securities authorities on SEDAR.
  • Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America.
  • This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine in Sonora State, Mexico.
  • Alamos employs more than 1,700 people and is committed to the highest standards of sustainable development.

Guess?, Inc. Provides Update Related to Store Closures

Friday, March 27, 2020 - 6:41pm

Guess?, Inc. (NYSE: GES) today provided an update related to its store closures in response to the COVID-19 pandemic.

Key Points: 
  • Guess?, Inc. (NYSE: GES) today provided an update related to its store closures in response to the COVID-19 pandemic.
  • In order to continue to help protect its customers, associates, and the communities it serves, Guess will extend its temporary store closures throughout the U.S. and Canada until further notice.
  • Guess?, Inc. designs, markets, distributes and licenses a lifestyle collection of contemporary apparel, denim, handbags, watches, eyewear, footwear and other related consumer products.
  • Guess?

No Sanding, No Skim Coating With TEC’s New High-Flow Super Smooth Self-Leveling Underlayment

Friday, March 27, 2020 - 6:00pm

TEC is now offering Level Set 500 HF Self-Leveling Underlayment , the flooring industrys most advanced high-flow solution to achieve an exceptionally smooth surface without time-consuming sanding or skim coating.

Key Points: 
  • TEC is now offering Level Set 500 HF Self-Leveling Underlayment , the flooring industrys most advanced high-flow solution to achieve an exceptionally smooth surface without time-consuming sanding or skim coating.
  • The ultra-smooth surface of Level Set 500 HF means contractors can eliminate skim coating and sanding, which can cut labor costs by up to two-thirds.
  • This new high-flow technology represents a tremendous step forward for todays installers, said Greg Schad, Director of Product Technology for TEC.
  • The Level Set 500 HF is a high-flow SLU that pours like water and is pumpable for interior applications.

Prime Minister announces support for small businesses facing impacts of COVID-19

Friday, March 27, 2020 - 5:51pm

The Prime Minister, Justin Trudeau, today announced additional new measures to support small businesses dealing with the economic impacts of the pandemic.

Key Points: 
  • The Prime Minister, Justin Trudeau, today announced additional new measures to support small businesses dealing with the economic impacts of the pandemic.
  • To further support small businesses, the Government of Canada will:
    Announce a 75 per cent wage subsidy for qualifying businesses, for up to 3 months, retroactive to March 15, 2020.
  • This measure is the equivalent of providing up to $30 billion in interest-free loans to Canadian businesses.
  • This program will provide up to $25 billion to eligible financial institutions so they can provide interest-free loans to small businesses.

Shareholder Alert: Robbins LLP Reminds Investors PharmaCielo Ltd. (PCLOF) Sued for Misleading Shareholders

Friday, March 27, 2020 - 5:35pm

Shareholder rights law firm Robbins LLP reminds investors that a purchaser of PharmaCielo Ltd. (OTC: PCLOF) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between June 21, 2019 and March 2, 2020.

Key Points: 
  • Shareholder rights law firm Robbins LLP reminds investors that a purchaser of PharmaCielo Ltd. (OTC: PCLOF) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between June 21, 2019 and March 2, 2020.
  • PharmaCielo, through its subsidiary, PharmaCielo Colombia Holdings S.A.S., cultivates, processes, produces, and supplies medical-grade cannabis oil extracts and related products in Colombia and internationally.
  • According to the complaint, in September 2019, PharmaCielo issued a press release announcing that it "ha[d] signed a United States sales agreement with an established multi-state distributor, General Extract LLC."
  • Since this news, shares of PharmaCielo have declined 56% per share, currently trading at around $0.60 per share.

Titan Medical Announces Closing of US$1.2 Million Registered Direct Offering

Friday, March 27, 2020 - 3:37pm

H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

Key Points: 
  • H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.
  • The Common Shares, the Warrants, and the Warrant Shares were offered and sold in the registered direct offering by Titan pursuant to a shelf registration statement on Form F-3 (Registration No.
  • Titan Medical Inc. is focused on computer-assisted robotic surgical technologies for application in MIS.
  • Titan intends to initially pursue gynecologic surgical indications for use of its single-port robotic surgical system.