Day: April 17, 2020
TORONTO, April 17, 2020 (GLOBE NEWSWIRE) — WPT Industrial Real Estate Investment Trust (the “REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of April 2020 of US$0.0633 per unit. The distribution will be payable on May 15, 2020 to unitholders of record as of the close of business on April 30, 2020.Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the “Certain Canadian Federal Income Tax Considerations”, “Certain U.S. Federal Income Tax Considerations” sections of the REIT’s prospectus dated April 18, 2013, and “Risk Factors...
Result of Voting for Directors at Annual and Special Meeting
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, April 17, 2020 (GLOBE NEWSWIRE) — Fairfax Africa Holdings Corporation (TSX: FAH.U) announces the results of the vote on Directors at its April 15, 2020 annual and special meeting.Each of the nominee directors listed in the Corporation’s management proxy circular dated March 6, 2020 was elected as a director, without a vote by ballot being conducted. The Corporation received proxies with regard to voting on the nine directors nominated for election, directing as set forth in the table below: A replay of Fairfax Africa’s annual and special meeting will be available until 5:00 p.m. (Eastern time) on Wednesday, April 29, 2020. The replay may be accessed at (866) 402-3743 (Canada and the U.S.) or 1 (203) 369-0551 (International).Fairfax Africa...
Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, April 17, 2020 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (TSX: FIH.U) is pleased to announce the results of the vote on Directors at its April 16, 2020 annual shareholders’ meeting.Each of the nominee directors listed in the Corporation’s management proxy circular dated March 6, 2020 was elected as a director, without a vote by ballot being conducted. The Corporation received proxies with regard to voting on the nine directors nominated for election, directing as set forth in the table below: A replay of Fairfax India’s annual meeting will be available until 5:00 p.m. (Eastern time) on Thursday, April 30, 2020. The replay may be accessed at (866) 359-3724 (Canada and the U.S.) or 1 (203) 369-0145 (International).Fairfax India...
Result of Voting for Directors at Annual Shareholders’ Meeting
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TORONTO, April 17, 2020 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (TSX: FFH and FFH.U) is pleased to announce the results of the vote on Directors at its April 16, 2020 Annual Shareholders’ Meeting.Each of the nominee directors listed in Fairfax’s management proxy circular dated March 6, 2020 was elected as a director, without a vote by ballot being conducted. Fairfax received proxies with regard to voting on the eleven directors nominated for election, directing as set forth in the table below: A replay of the meeting will be available until 5:00 p.m. Eastern Time on Thursday, April 30, 2020. The replay may be accessed at (866) 454-2124 (Canada and U.S.) or 1 (203) 369-1243 (International).Fairfax is a holding company which, through its subsidiaries, is engaged in property and casualty insurance and reinsurance and...
Reservoir Capital Corp. Completes Transaction Securing 100% Ownership in Olocorp Nigeria Ltd. Adding 3.7MW Net Operating Capacity and Announces Late Filing of Financial Statements
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VANCOUVER, British Columbia, April 17, 2020 (GLOBE NEWSWIRE) — Reservoir Capital Corp. (CSE: REO) (“REO” or the “Company“) is pleased to announce that, through its wholly-owned subsidiary, Kainji Power Holding Limited (“KPHL“), it has completed the previously announced acquisition of Olocorp Nigeria Ltd. (“OLOCORP”) pursuant to a share sale and purchase agreement and amending agreement (the “Agreements”) among the Company, OLOCORP, Clara Olo and OLOCORP’s major shareholder Eric Olo (“EOLO”). Pursuant to the Agreements, REO acquired the remaining 40% equity stake in OLOCORP in exchange for REO issuing, among other things, a total of 38 million new REO common shares (“REO Shares”), as more particularly described below (the “Transaction”).About Olocorp Nigeria LimitedOLOCORP is a limited liability...
Ascendant Resources to Sell El Mochito Mine
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Company to focus on the highly prospective Lagoa Salgada VMS project in PortugalSale to provide cash injection and immediate strengthening of financial positionUpside exposure to El Mochito and zinc prices maintained through royaltyTORONTO, April 17, 2020 (GLOBE NEWSWIRE) — Ascendant Resources Inc. (TSX: ASND) (“Ascendant” or the “Company”) announces it has entered into a share purchase agreement (the “Agreement”) with Kirungu Corporation (“Kirungu”), a Panamanian company, to sell all of the issued and outstanding shares of the Company’s wholly-owned Honduran subsidiary American Pacific Honduras S.A. de C.V (“AMPAC”) which owns 100% of the producing El Mochito zinc, lead and silver mine (the “El Mochito mine” or “El Mochito”) in west-central...
North Bud Farms Provides Management Cease Trade Order Update
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THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.TORONTO, April 17, 2020 (GLOBE NEWSWIRE) — North Bud Farms Inc. (CSE: NBUD) (OTCQB: NOBDF) (“NORTHBUD” or the “Company“) provides an update with respect to the previously announced management cease trade order (the “MCTO“) issued by the Ontario Securities Commission on March 31, 2020.The MCTO was issued in connection with the delay by the Company in filing its annual financial statements, management’s discussion and analysis and related officer certifications for the financial year ended November 30, 2019 (collectively, the “Required Filings“) before the prescribed deadline of March 30, 2020.The Company continues...
Barrick 2020 Annual Meeting Will be Virtual-Only
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TORONTO, April 17, 2020 (GLOBE NEWSWIRE) — As detailed in our 2020 Information Circular, in response to the global Covid-19 pandemic Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) will be holding its 2020 Annual Meeting in a virtual-only format via a live webcast. The decision to conduct a virtual-only Meeting was made with the health and safety of Barrick’s shareholders, employees, and the broader community in mind. As a Company of Owners, Barrick places significant importance on in-person engagement with its shareholders and, with this in mind, we monitored conditions following the publication of our Circular to determine if it was feasible to add a physical meeting component to the Meeting. While an in-person meeting is not possible this year due to Covid-19, Barrick intends to return to a hybrid meeting format (physical/virtual)...
Bitfarms Announces the Appointment of a New Director and Provides Notice of Release of 2019 Annual Financial Statements
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TORONTO and BROSSARD, Québec, April 17, 2020 (GLOBE NEWSWIRE) — Bitfarms Ltd. (TSX-V:BITF) (“Bitfarms” or the “Company”) is pleased to announce that effective as of April 16, 2020, Mr. Brian Howlett has been appointed as a director of Bitfarms, filling a vacancy on the Board of Directors.Mr. Howlett is a graduate from Concordia University and is a Chartered Professional Accountant (“CPA, CMA”) with over thirty years of experience in senior financial and management roles. Mr. Howlett has served as senior officer and director of numerous public companies over his career. He currently serves as President and CEO of Canadian Orebodies Inc. and CR Capital Corp., and he is a director of Nighthawk Gold Corp. and Dundee Sustainable Technologies Inc.Release of 2019 Financial ResultsBitfarms also announces it will release its annual 2019 results...
Summit State Bank Announces Plans to Adjourn Annual Shareholder Meeting to Virtual Format
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SANTA ROSA, Calif., April 17, 2020 (GLOBE NEWSWIRE) — On April 17, 2020, Summit State Bank (NASDAQ: SSBI) announced its intention to adjourn its Annual Meeting of Shareholders due to the COVID-19 Pandemic to June 8, 2020, and that the adjourned meeting will be held in a virtual format. The Bank previously provided notice to shareholders that its 2020 Annual Meeting of Shareholders will be held at 10:30 a.m. on Monday, April 27, 2020. The Bank intends to call the meeting to order and immediately adjourn the meeting to Monday, June 8, 2020 at 10:30 a.m. The adjourned meeting scheduled for June 8, 2020 will be held virtually. The Bank will provide information on how to join the adjourned meeting virtually at a later date in advance of the adjourned meeting by press release and in a Current Report on Form 8-K to be filed with the FDIC.No...