Month: March 2020

VANCOUVER, British Columbia and TORONTO, March 24, 2020 (GLOBE NEWSWIRE) — Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge”) and Balmoral Resources Ltd. (TSX:BAR; OTCQX:BALMF) (“Balmoral”) (collectively the “Parties”) announced that Balmoral has been granted an interim order by the Supreme Court of British Columbia (the “Interim Order”) in connection with the previously announced (see NR20-04, March, 2, 2020) business combination between the Parties. The Interim Order authorizes Balmoral to proceed with various matters, including the holding of a special meeting of Balmoral securityholders to consider and vote on the proposed Plan of Arrangement (the “Proposed Transaction”) whereby Wallbridge proposes to acquire all of the issued and outstanding common shares of Balmoral.The Proposed TransactionOn March 2, 2020 the Parties...

OTTAWA, March 24, 2020 (GLOBE NEWSWIRE) — HEXO Corp (TSX: HEXO; NYSE: HEXO) (“HEXO” or the “Company”) is confirming it is remaining operational on the heels of the cannabis sector being included as an essential workplace in Ontario and Quebec.“Given our role in supplying medical cannabis to patients and in the adult-use cannabis supply chain, our operations in Ontario and Quebec are to be maintained and our business is considered an essential workplace,” said Sebastien St-Louis, CEO and co-founder of HEXO. “We are working to continue to ensure a steady supply of medical cannabis and consumer packaged goods. I am extremely grateful for our dedicated employees.”HEXO is also carefully monitoring and assessing the evolving situation related to COVID-19 and the potential impact to its business, employees and customers. HEXO is working...

OTTAWA, 24 mars 2020 (GLOBE NEWSWIRE) — HEXO Corp (TSX : HEXO ; NYSE : HEXO) (« HEXO » ou la « Société ») confirme le maintien de ses activités après l’inclusion du secteur du cannabis en tant que service prioritaire en Ontario et au Québec.« Compte tenu de notre rôle dans l’approvisionnement en cannabis médical aux patients et dans la chaîne d’approvisionnement en cannabis pour adultes, nos opérations en Ontario et au Québec doivent être maintenues et notre entreprise est considérée comme faisant partie d’un service prioritaire », a déclaré Sébastien St-Louis, PDG et co-fondateur de HEXO. « Nous nous efforçons de continuer à assurer un approvisionnement régulier en cannabis médical et en produits de consommation courante. Je suis extrêmement reconnaissant à nos employés pour leur dévouement ».HEXO surveille et évalue...

Sanofi successfully prices EUR 1.5 billion of bond issueParis, France – March 24, 2020 – Sanofi (EURONEXT: SAN and NASDAQ: SNY) announces that it has successfully priced its offering of EUR 1.5 billion of notes (the “Notes”) across 2 tranches:€750 million fixed rate notes, due April 2025, bearing interest at an annual rate of 1.000 %€750 million fixed rate notes, due April 2030, bearing interest at an annual rate of 1.500%.The Notes are being issued off the company’s Euro Medium Term Note Programme.The transaction enables the company to lower its average cost of debt and extend the average maturity of its debt.Sanofi intends to use the net proceeds of the offering for general corporate purposes.BofA Securities, Crédit Agricole CIB, HSBC and Société Générale acted as Global Coordinators and Bookrunners for the offering.DISCLAIMERThis...

Sanofi place des emprunts obligataires de 1,5 milliard d’eurosParis (France) – 24 mars 2020 – La Sanofi (EURONEXT : SAN et NASDAQ : SNY) annonce avoir placé avec succès une émission obligataire en 2 tranches (les « Obligations ») pour un montant de 1,5 milliard d’euros :750 millions d’euros d’obligations à taux fixe, échéance avril 2025, portant intérêt au taux annuel de 1,000 %750 millions d’euros d’obligations à taux fixe, échéance avril 2030, portant intérêt au taux annuel de 1,500 %Les Obligations ont été émises dans le cadre du programme Euro Medium Term Note.La transaction permet à l’entreprise de réduire le coût moyen et d’allonger la maturité moyenne de sa dette.Sanofi affectera le produit net de l’émission de ces Obligations aux besoins généraux de l’entreprise.BofA Securities, Crédit Agricole CIB, HSBC and Société Générale ont...

NEW YORK, March 24, 2020 (GLOBE NEWSWIRE) — Eyenovia, Inc. (NASDAQ:EYEN) a clinical stage ophthalmic biopharmaceutical company developing a pipeline of microdose therapeutics utilizing its patented piezo-print technology, announced that today it closed its previously announced private placement of units which resulted in gross proceeds of $5,984,931 before deducting the placement agent’s fees and estimated offering expenses.Each unit consists of (i) one share of common stock, par value $0.0001 per share, (ii) a one-year warrant to purchase 0.5 of a share of common stock, and (iii) a five-year warrant to purchase 0.75 of a share of common stock. The units were priced to the public at $2.21425 per unit.The proceeds of the offering are expected to be used, together with other available funds, for the MicroLine and MicroPine clinical...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, March 24, 2020 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V / ASX: EMN) (the “Company” or “EMN“) is pleased to announce a non-brokered private placement (the “Offering“) of 8,738,312 common shares (“Shares“) and 401,888 CHESS Depositary Interests (“CDIs“, with each CDI representing one Share), at a price of C$0.11 per Share or A$0.13 per CDI, for aggregate gross proceeds of approximately $1,005,300 (the “Offering“). Net proceeds of the Offering will be used by the Company to further advance its Chvaletice Manganese Project in the Czech Republic, including advancing the feasibility study and preparation of the Environmental Impact Assessment...

NEW YORK, March 24, 2020 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced that Larissa Herda has resigned as a member of Acreage’s  Board of Directors.  “We thank Larissa for her tremendous service to Acreage and wish her every success in the future,” said Acreage Chair and CEO Kevin Murphy. “Her leadership and guidance have been invaluable to us as we have grown as a company since she joined our Board in November 2018.”ABOUT ACREAGEHeadquartered in New York City, Acreage is one of the largest vertically integrated, multi-state operators of cannabis licenses and assets in the U.S., according to publicly available information. Acreage is dedicated to building and scaling operations to create a seamless, consumer-focused branded cannabis experience. Acreage debuted its national...

TORONTO, March 24, 2020 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus Group”) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate (“CRE”) industry, announced today that it has amended and expanded its revolving bank credit facility (the “Facility”) to further strengthen the Company’s financial position in support of its growth strategy. The amended Facility increases Altus Group’s borrowing capacity to C$275 million (from C$200 million), extends the term by three years (with an additional two year extension option), and includes other improvements including lowered bank margins and greater flexibility in borrowing terms. Of note, the new Facility will be unsecured, allowing the Company to respond and adapt to the rapidly changing market environment with...

MONTRÉAL, March 24, 2020 (GLOBE NEWSWIRE) — Laurentian Bank of Canada (TSX-LB) (the “Bank”) today announces the resignation of Mr. A. Michel Lavigne from the Bank’s Board of Directors.  As a result, the number of directors to be elected at the Bank’s annual shareholder meeting on April 7th, 2020 has been fixed at 10.Mr. Lavigne was appointed to the Board in March of 2013 and was a key member of the Human Resources and Corporate Governance Committee.  After 7 years of dedicated service, Mr. Lavigne has decided to resign for personal reasons.“On behalf of the Board of Directors, I would like to thank Mr. Lavigne for his invaluable insight during his tenure, and we wish him all the best in his future endeavours,” stated Michael Mueller, Chair of the Board.   About Laurentian Bank Financial GroupFounded in 1846, Laurentian Bank Financial...