Day: November 27, 2019
Not for distribution to U.S. news wire services or dissemination in the United StatesVANCOUVER, British Columbia, Nov. 27, 2019 (GLOBE NEWSWIRE) — GT Gold Corp. (“GT Gold” or the “Company”) (TSX.V: GTT) is pleased to announce a C$8.3 million financing by Newmont Goldcorp Corporation (“Newmont Goldcorp”) (NYSE: NEM, TSX: NGT). The financing is a private placement of 6,877,199 common shares priced at $1.20 per share for total consideration of $8,252,638.80. Upon completion of the financing, Newmont Goldcorp will own 14.9% of GT Gold’s outstanding shares, an increase from the 9.9% acquired by Newmont Goldcorp on May 29, 2019. “I am delighted that the world’s leading gold producer, Newmont Goldcorp, has increased its stake in GT Gold through this financing, which further supports the thesis that the Saddle North gold-rich...
goeasy Ltd. Closes US$550 Million Offering of Senior Unsecured Notes
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MISSISSAUGA, Ontario, Nov. 27, 2019 (GLOBE NEWSWIRE) — goeasy Ltd. (TSX: GSY) (“goeasy” or the “Company”) is pleased to announce that it closed its previously announced offering of US$550 million 5.375% senior unsecured notes due 2024. Concurrently with the closing of the offering, goeasy entered into a cross currency swap agreement (the “2024 Currency Swap”) to fix the foreign currency exchange rate for the proceeds from the offering and for all required payments of principal and interest under these notes. After giving effect to the 2024 Currency Swap, the Canadian dollar equivalent yield to maturity on these notes will be 5.65% per annum. goeasy estimates the net proceeds from the offering and the unwinding of the currency swap (the “2022 Currency Swap”) entered into in connection with its US$475million aggregate principal...
Rebel Capital Inc. Announces Letter of Intent for Acquisition of Private Royalty Company as Qualifying Transaction
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VANCOUVER, British Columbia, Nov. 27, 2019 (GLOBE NEWSWIRE) — Rebel Capital Inc. (“Rebel” or the “Corporation”) (TSXV: RBL.P), a capital pool company, is pleased to announce that it has entered into a letter of intent dated November 21, 2019 (the “Letter of Intent”) with Electric Royalties Ltd., a British Columbia company (“Electric Royalties”) pursuant to which Rebel will acquire all of the issued and outstanding shares in the capital of Electric Royalties (the “Proposed Transaction”). The Proposed Transaction is intended to constitute Rebel’s “Qualifying Transaction”, in accordance with TSX Venture Exchange Policy 2.4 – Capital Pool Companies (“Policy 2.4”).Background on Electric RoyaltiesElectric Royalties’ focus is to acquire a portfolio of royalties over mining projects that will feed the increasing metal demand from the global...
Avante Logixx Announces Closing of First Tranche of Convertible Debentures Offering with Fairfax Financial Holdings Limited
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TORONTO, Nov. 27, 2019 (GLOBE NEWSWIRE) — Avante Logixx Inc. (TSXV: XX) (“Avante” or the “Company”) is pleased to announce that it has closed the first tranche of its private placement offering (the “Offering”) of unsecured convertible debentures (the “Debentures”), raising gross proceeds of $8,264,000 and issuing 8,264 Debentures to certain subsidiaries of Fairfax Financial Holdings Limited (“Fairfax” and, together with such subsidiaries, the “Purchasers”). Additional details relating to the Offering are described in the Company’s press release dated November 14, 2019.The Debentures will mature five years from the date of issuance thereof, bear interest at a rate of 7% per annum, payable semi-annually in equal instalments on the last day of June and December in each year. Each $1,000 principal amount of the Debentures is convertible,...
Revive Therapeutics Announces Results for the Three Months Ended September 30, 2019
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TORONTO, Nov. 27, 2019 (GLOBE NEWSWIRE) — Revive Therapeutics Ltd. (“Revive” and the “Company”) (CSE: RVV) (OTCQB: RVVTF), a specialty cannabis company focused on the research, development, and commercialization of novel cannabinoid-based products, today announced its results for the three months ended September 30, 2019. The unaudited condensed interim consolidated financial statements and related interim management’s discussion and analysis for the three months ended September 30, 2019 may be viewed on SEDAR at www.sedar.com.Operational HighlightsDuring and subsequent to the three months ended September 30, 2019, the Company announced:Approval of CSE Listing and Delisting from TSX-V;Entered Into Non-Binding Letter of Intent to merge with Herman Holdings Ltd., which has expired;Entered into a Non-Binding Letter of Intent...
Antares Pharma to Present at the 31st Annual Piper Jaffray Healthcare Conference
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EWING, N.J., Nov. 27, 2019 (GLOBE NEWSWIRE) — Antares Pharma, Inc. (NASDAQ: ATRS) today announced that Robert F. Apple, President and Chief Executive Officer, will present at the 31st Annual Piper Jaffray Healthcare Conference on Tuesday December 3, 2019 at 2:00 pm, Eastern Time.A live webcast of the presentation will be available under the “For Investors” section of the Antares website, www.antarespharma.com.About Antares PharmaAntares Pharma, Inc. is a combination drug device company focused primarily on the development and commercialization of self-administered parenteral pharmaceutical products using advanced drug delivery auto injector technology. The Company has a portfolio of proprietary and partnered commercial products with several product candidates in various stages of development, as well as significant strategic alliances...
Report on Financial Results for the Three and Nine Months Ended September 30, 2019
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TORONTO, Nov. 27, 2019 (GLOBE NEWSWIRE) — Mitchell Cohen, Chief Executive Officer and President of Urbanfund Corp. (TSX-V: UFC) (“Urbanfund” or the “Company”), confirmed today that the Company has filed its financial statements for the three and nine months ended September 30, 2019 (the “Consolidated Financial Statements”) and corresponding Management’s Discussion and Analysis (“MD&A”).BUSINESS OVERVIEW AND STRATEGYBusiness OverviewUrbanfund Corp. is an incorporated entity listed on the TSX Venture Exchange (“TSX-V”) under the symbol UFC. The Company is a reporting issuer in Alberta, British Columbia and Ontario. Urbanfund’s focus is to invest in Canadian real estate and real estate related projects with a focus on a mix of both residential and commercial properties. The Company’s assets are located in Toronto, Brampton, Belleville,...
Halmont Properties Corporation Third Quarter Results
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TORONTO, Nov. 27, 2019 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) announced today that net income to common shareholders for the nine months ended September 30, 2019 was $3,697,000 as compared to net income of $1,685,000 for the nine months ended September 30, 2018.During the quarter, Halmont sold a commercial property located at 220 King Street West for an approximate gain of $3 million after provisions for taxes and the revaluation of our adjacent property. The book value of each common share, based on the Company’s December 31, 2018 IFRS appraisals and including the net income earned in the first three quarters, was 53.2¢ per share as at September 30, 2019 as compared to 49.5¢ per share as at September 30, 2018.Halmont Properties Corporation invests directly in real estate and securities of companies holding...
HF Foods Group to Ring Nasdaq Opening Bell on Friday, November 29
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GREENSBORO, N.C., Nov. 27, 2019 (GLOBE NEWSWIRE) — HF Foods Group Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the U.S., has accepted an invitation to ring the opening bell at the Nasdaq Exchange on Friday, November 29, 2019.The ceremony commemorates HF Foods Group’s recent merger with B&R Global Holdings, which was announced in a press release on November 4, 2019. Members of HF Foods Group’s leadership team will join Chairman and Co-CEO Zhou Min Ni and Co-CEO and CFO Peter Zhang to ring the bell.The ceremony will be held at Nasdaq’s MarketSite in New York City and will be webcast live starting at 9:20 a.m. Eastern time via the following link: https://livestream.com/nasdaq/live. About HF Foods Group Inc.HF Foods Group Inc., headquartered in Greensboro, North Carolina, is a leading marketer and...
Shaw Files Year-End Disclosure Documents
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CALGARY, Alberta, Nov. 27, 2019 (GLOBE NEWSWIRE) — Shaw Communications Inc. (“Shaw”) announced today the filing with Canadian securities regulators of its 2019 audited annual consolidated financial statements, related management’s discussion and analysis and 2019 annual information form and the filing with the U.S. Securities and Exchange Commission of its 2019 annual report on Form 40-F which includes the Canadian filings.These documents are available on Shaw’s profile on the Canadian Securities Administrators’ website (www.sedar.com). The Form 40-F is available on the U.S. Securities and Exchange Commission’s website (www.sec.gov). All of these documents are also available on Shaw’s website at www.shaw.ca/corporate/investor-relations/financial-reports. Any shareholder wishing to receive a printed copy of the...