SmartCentres Declares Distribution for May 2020

Written by Customer Service on May 25, 2020. Posted in Public Companies.

TORONTO, May 25, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of May 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on June 15, 2020 to unitholders of record on May 29, 2020.About SmartCentresSmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 157 strategically located properties in communities across the country. SmartCentres has over $10 billion in assets and owns over 34 million square feet of income producing value-oriented retail space with over 98% occupancy, on 3,500 acres of owned land across Canada.SmartCentres continues to focus...

Swiss Water Receives Notice of Lease Termination at Burnaby, BC Site Effective June 2023

Written by Customer Service on May 25, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, May 25, 2020 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX – SWP) (“Swiss Water” or “the company”) today announced that it has now received formal notice from the new owner of its legacy production site in Burnaby, BC that its lease there will not be extended beyond June 7, 2023.As previously announced, Swiss Water had determined that, in light of the change of ownership of the Burnaby site, it would move forward immediately with preparations to build a second production line at its new Delta BC plant with the goal of completing it prior to the expiration of the lease in Burnaby. Based on current engineering, once all production is consolidated in Delta, the targeted endpoint capacity there would be at least 40% greater than the current existing capacity of the two lines at the Burnaby...

ENTREC Corporation Granted Extension of Stay Period in CCAA Proceedings

Written by Customer Service on May 25, 2020. Posted in Public Companies.

ACHESON, Alberta, May 25, 2020 (GLOBE NEWSWIRE) — ENTREC Corporation (“ENTREC” or the “Company”) has announced that it has obtained an order (the “Stay Extension Order”) from the Court of Queen’s Bench of Alberta (the “Court”) in support of its restructuring efforts under the Companies’ Creditors Arrangement Act (the “CCAA”). On May 15, 2020, ENTREC obtained an initial order (the “Initial Order”) from the Court commencing proceedings under the CCAA. Pursuant to the Initial Order, among other things, a stay of proceedings was granted in respect of the Company and its subsidiaries to allow them to continue to operate their business without disruption while ENTREC pursues potential strategic and restructuring alternatives, which may include a sale, investment or other restructuring transaction under Court supervision for the benefit...

Maha Energy AB Announces Filing of First Quarter Report & Live Webcast

Written by Customer Service on May 25, 2020. Posted in Public Companies.

Press releaseStockholm26 May 2020 Maha Energy AB Announces Filing of First Quarter Report & Live WebcastMaha Energy AB (publ) (“Maha” or the “Company”) is pleased to announce its First Quarter results. The report is attached to this press release and available on the Company’s website at www.mahaenergy.ca.First Quarter 2020Daily oil & gas production for Q1 2020 averaged 3,288 BOEPD (Q1 2019: 2,669 BOEPD)On 31 March 2020, the Company closed an acquisition for certain producing properties in the Illinois basin for USD 4 million (plus assumed working capital deficiency). During the...

VR Bolsters Its Exploration Strategy at Ranoke and Big Ten; Announces Non-Brokered Private Placement

Written by Customer Service on May 25, 2020. Posted in Public Companies.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.VANCOUVER, British Columbia, May 25, 2020 (GLOBE NEWSWIRE) — VR Resources Ltd. (TSX.V: VRR; FSE: 5VR; OTCBB: VRRCF), the (Company), or (VR), is pleased to provide an update on its exploration strategy and financing plans. The Company has signed two non-binding Letters of Intent (“LOI(s)”) in order to evaluate new opportunities with the potential to strengthen its existing exploration strategies at its Ranoke copper-gold property in Ontario, and its Big Ten gold project in Nevada. Terms for the respective LOI’s are agreed upon and will be announced pending due process on executing final acquisition agreements. Both...

Delta 9 Applauds Manitoba Retail Cannabis Expansion

Written by Customer Service on May 25, 2020. Posted in Public Companies.

WINNIPEG, Manitoba, May 25, 2020 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”), is pleased to see the Manitoba Government pushing forward on the third phase of its retail cannabis expansion.Delta 9 will be undertaking multiple expansion strategies and applying for licenses to open additional cannabis retail outlets in Manitoba, as a part of the third phase of retail cannabis expansion announced last week by the Manitoba Government.On Friday May 22, 2020, Manitoba Minister of Crown Services Jeff Wharton announced that the Manitoba Government would be moving forward on its plan for an open and competitive cannabis retail market. Beginning June 1, 2020, the Province will open the cannabis retail application process to all prospective retailers for a new controlled-access license as well...

Focus Graphite Completes Definitive Asset Purchase Agreement With Investissement Québec for the Company’s 50% Interest in the Kwyjibo Rare Earth Elements Project, Québec

Written by Customer Service on May 25, 2020. Posted in Public Companies.

KINGSTON, Ontario, May 25, 2020 (GLOBE NEWSWIRE) — Focus Graphite Inc. (“Focus” or the “Company”) (TSX-V: FMS; OTCQX: FCSMF; FSE: FKC), an advanced exploration company focused on the production of graphite concentrate, today announced that the Company has completed the definitive asset purchase agreement for the sale of the Company’s 50% interest in the Kwyjibo rare earth elements Project to Investissement Québec for the sum of C$7,237,696.The Kwyjibo property consists of 116 map-designated claims (CDC) covering an area of 6,283.5 ha located a few kilometres north of Manitou Lake, approximately 125 km northeast of Sept-Îles, in the Côte-Nord administrative district of Québec. The Kwyjibo claim block is also located 25 km east of the Québec North Shore and Labrador (QNSL) rail line and is accessible by air from float...

Focus Graphite annonce la Signature de la Convention d’Achat d’Actifs par laquelle Investissement Québec convient d’acquérir la Participation de 50% de Focus dans la Coentreprise du Projet d’Éléments des Terres Rares Kwyjibo

Written by Customer Service on May 25, 2020. Posted in Public Companies.

KINGSTON, Ontario, 25 mai 2020 (GLOBE NEWSWIRE) — Focus Graphite Inc. (« Focus » ou « la Société ») (TSX-V: FMS; OTCQX: FCSMF; FSE: FKC), une société d’exploration axée sur le graphite au Québec, a annoncé aujourd’hui qu’elle a conclu la Convention d’Achat d’Actifs par laquelle Investissement Québec convient d’acquérir la participation de 50% de Focus dans la Coentreprise du Projet d’Éléments des terres rares Kwyjibo pour la somme de 7 237 696 $. Le projet Kwyjibo est détenu en coentreprise par Focus (50 %) et SOQUEM Inc. (50 %). SOQUEM est l’opérateur du projet.La propriété Kwyjibo est constituée d’un bloc de 116 cellules désignées sur carte (CDC) contiguës d’une superficie de 6 283,5 ha. Elle est située sur la Côte-Nord du Québec, 25 km à l’est du chemin de fer Québec North Shore and Labrador (QNS&L), 2,5 km au nord du Lac...

Points International Announces Results of Annual General Meeting

Written by Customer Service on May 25, 2020. Posted in Public Companies.

TORONTO, May 25, 2020 (GLOBE NEWSWIRE) — Points International Ltd. (TSX: PTS) (Nasdaq: PCOM) (“Points” or the “Company”), the global leader in powering loyalty commerce, announced today that all resolutions put to the annual general meeting of shareholders held on May 22, 2020 were passed, including the reappointment of the Company’s directors.The following votes were received with respect to each director nominee:In addition, shareholders voted in favor of the reappointment of KPMG LLP as the auditors of the Company. The following votes were received with respect to the resolution:About Points International Ltd.Points, (TSX: PTS) (Nasdaq: PCOM), provides loyalty e-commerce and technology solutions to the world’s top brands to power innovative services that drive increased loyalty program revenue and member engagement. Currently,...

Giyani Closes Private Placement Financing

Written by Customer Service on May 25, 2020. Posted in Public Companies.

Not for distribution to U.S. newswire services or for dissemination in the United StatesOAKVILLE, Ontario, May 25, 2020 (GLOBE NEWSWIRE) — Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) (“Giyani” or the “Company“) is pleased to announce that the non-brokered private placement financing (the “Private Placement“), as announced on May 19, 2020, has closed. The Private Placement was fully subscribed and comprised of 15,000,000 units (each, a “Unit“) at a price of $0.08 per Unit for gross proceeds of $1.2 million in immediately available new funding. No finders’ fees were paid in connection with the Private Placement.Each Unit consists of one (1) common share (each, a “Common Share“) and one half (½) of one Common Share purchase warrant. Each whole warrant will entitle the...

Day: May 25, 2020

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