Month: March 2020

TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — Rogers Communications Inc. (“RCI”) announced today that it has priced a Canadian offering of $1.5 billion aggregate principal amount of 3.65% senior notes due 2027 (the “Notes”). The net proceeds from the issuance of the Notes will be approximately $1.484 billion. RCI expects to use the net proceeds of this Canadian offering for general corporate purposes, which may include the repayment of maturing short-term debt or other borrowings. The sale of the Notes is expected to close on March 31, 2020.The Notes were offered on a best efforts basis in each of the provinces of Canada through a syndicate of agents. This Canadian offering was only made by prospectus. Rogers will be filing a prospectus supplement relating to the offering with the securities regulatory authorities in each...

MONTRÉAL, March 26, 2020 (GLOBE NEWSWIRE) — Falco Resources Ltd. (TSX-V: FPC) (“Falco“) and Golden Queen Mining Consolidated Ltd. (NEX: GQM.H, OTCQB: GQMND) (“Golden Queen“) are pleased to announce that the Supreme Court of British Columbia has granted the final order, thus approving the arrangement between Falco and Golden Queen announced on February 11, 2020 pursuant to which Falco is to acquire all of the issued and outstanding common shares of Golden Queen (the “Arrangement”).Assuming that the remaining closing conditions are satisfied or waived, it is anticipated that closing of the Arrangement will occur on March 27, 2020.On closing of the Arrangement, Golden Queen shareholders will receive 1.35 Falco shares for each Golden Queen share held.Additional information regarding the terms of the Arrangement...

MONTRÉAL, 26 mars 2020 (GLOBE NEWSWIRE) — Ressources Falco Ltée (TSX-V : FPC) (« Falco ») et Golden Queen Mining Consolidated Ltd. (NEX : GQM.H; OTCQB :GQMND)(« Golden Queen ») ont le plaisir d’annoncer que la Cour suprême de la Colombie-Britannique a accordé l’ordonnance définitive, approuvant de ce fait l’arrangement entre Falco et Golden Queen annoncé le 11 février 2020 aux termes duquel Falco doit acquérir la totalité des actions ordinaires émises et en circulation de Golden Queen (l’« arrangement »).Dans l’hypothèse où les conditions de clôture restantes sont remplies ou font l’objet d’une renonciation, la clôture de l’arrangement devrait avoir lieu le 27 mars 2020.À la clôture de l’arrangement, les actionnaires de Golden Queen recevront 1,35 action de Falco par action de Golden Queen qu’ils détiennent.De plus amples renseignements...

TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — Firm Capital Mortgage Investment Corporation (the “Corporation”), (TSX: FC) is issuing this press release regarding the impact of COVID-19 and information on the financial stability of the Corporation.Over the past several weeks, the COVID-19 pandemic has driven business, market and economic turmoil to unprecedented levels. The Corporation has a solid 21 year track record of delivering consistently attractive returns to shareholders and a strong financial position in the marketplace since its IPO in 1999. Nevertheless, the negative impact on global markets, as well as policies and regulations implemented by various national authorities have had a negative effect on the Corporation’s stock price, alongside many other similar companies in the market place. Like other publicly traded stocks,...

AURORA, Ontario, March 26, 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today provided an update on a number of actions related to the COVID-19 pandemic.Magna has established internal task forces to assess, monitor and deal with the potential impact of COVID-19 on our business and share information across the company.  We continue to adjust our operations and take actions to protect the health of our employees, suppliers and visitors.A number of our OEM customers, particularly in North America and Europe, have initiated production downtime or have reduced production rates.  It is uncertain whether OEMs will extend production downtime or further lower production rates as circumstances evolve.  While specific production schedules for our operations vary by location and customer, many of our facilities have...

NASHVILLE, Tenn., March 26, 2020 (GLOBE NEWSWIRE) — SmileDirectClub, the industry pioneer and first direct-to-consumer medtech platform for teeth straightening, has swiftly begun 3D printing medical-grade face shields for healthcare workers amidst the COVID-19 pandemic as concern surrounding availability of medical supplies grows. St. Luke’s Boise Medical Center in Idaho will receive the first shipment of 1,000 shields. SmileDirectClub has capacity to print up to 7,500 face shields per day and is accepting orders from healthcare organizations and governmental bodies across the U.S. and in Canada. Although SmileDirectClub’s teledentistry platform continues to operate and fulfill clear aligner and retainer orders, SmileDirectClub has shifted a significant portion of its 3D manufacturing capabilities to support this effort during...

TORONTO, March 26, 2020 (GLOBE NEWSWIRE) — Itafos (TSX-V: IFOS) (the “Company”) announced today the award of an aggregate 2,703,259 restricted share units (“RSUs”) to directors and management under the Company’s RSU plan. The Company awarded 621,279 RSUs to directors and 2,081,980 RSUs to management. The RSUs awarded to directors shall vest 1/3 on the anniversary of the grant date over a period of three years. The RSUs awarded to management vest based on a combination of time and performance with 50% of the RSUs vesting 1/3 on the anniversary of the grant date over a period of three years and 50% of the RSUs vesting on the third anniversary of the grant date subject to achievement of certain key performance indicators as established by the Company’s Board of Directors.About ItafosThe Company is a vertically integrated phosphate...

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, JAPAN, AUSTRALIA, SOUTH AFRICA, NEW ZEALAND, HONG KONG, SINGAPORE OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION OF THIS PRESS RELEASE MAY BE UNLAWFUL, WOULD REQUIRE REGISTRATION OR ANY OTHER MEASURES Press ReleaseStockholm 27 March 2020Sinch completes a directed new share issue of 5,000,000 shares, raising approximately SEK 1,500 millionStockholm, Sweden – Sinch AB (publ) – XSTO: SINCHSinch AB (publ) (“Sinch” or the “Company”) has in accordance with the Company’s earlier press release and based on the authorization granted by the annual general meeting on 17 May 2019, resolved on a directed new share issue of 5,000,000 shares at a subscription price of SEK 300 per share, corresponding to a discount...

EJ FÖR OFFENTLIGGÖRANDE, DISTRIBUTION ELLER PUBLICERING, VARE SIG DIREKT ELLER INDIREKT, I ELLER TILL USA, KANADA, JAPAN, AUSTRALIEN, SYDAFRIKA, NYA ZEELAND, HONGKONG, SINGAPORE ELLER I NÅGON ANNAN JURISDIKTION DÄR OFFENTLIGGÖRANDE, DISTRIBUTIONEN ELLER PUBLICERING AV DETTA PRESSMEDDELANDE SKULLE KUNNA VARA OLAGLIG, KRÄVA YTTERLIGARE REGISTRERING ELLER ANDRA ÅTGÄRDER  Press ReleaseStockholm 27 mars, 2020Sinch genomför en riktad nyemission om 5 000 000 aktier och tillförs härigenom cirka 1 500 MSEKStockholm, Sverige – Sinch AB (publ) – XSTO: SINCHSinch AB (publ) (”Sinch” eller ”Bolaget”) har, i enlighet med Bolagets tidigare pressmeddelande och med stöd av årsstämmans bemyndigande från den 17 maj 2019, beslutat om en riktad nyemission om 5 000 000 aktier till en teckningskurs om 300 SEK per aktie, motsvarande en rabatt om cirka 2,1 procent...

NEWPORT NEWS, Va., March 26, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries, Inc. (NYSE:HII) (“HII” or the “Company”) announced today that it has priced its offering of $500 million aggregate principal amount of 3.844% Senior Notes due 2025 (the “2025 Notes”) and $500 million aggregate principal amount of 4.200% Senior Notes due 2030 (the “2030 Notes” and, together with the 2025 Notes, the “Notes”). The Notes will be fully and unconditionally guaranteed by each of the Company’s domestic subsidiaries that, subject to certain exceptions, guarantees debt under its credit facility or its capital markets debt. The offering is expected to close on March 30, 2020, subject to customary closing conditions.The Notes will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act...