Month: May 2020

CALGARY, Alberta, May 25, 2020 (GLOBE NEWSWIRE) — Northview Apartment Real Estate Investment Trust (“Northview”) (TSX:NVU.UN) announced today that its holders (“Unitholders”) of Trust Units and Special Voting Units (“Units”) have voted overwhelmingly to approve the proposed plan of arrangement pursuant to which Northview will be acquired by affiliates of Starlight Group Property Holdings Inc. (“Starlight”) and KingSett Capital Inc. (“KingSett”, and collectively, the “Purchasers”) for consideration of $36.25 per Northview Trust Unit (the “Transaction”).Election and Transaction UpdateThe deadline for Unitholders to elect the form of consideration under the Transaction, including to receive units of a new high-yield multi-residential fund is Friday, June 5, 2020 at 3:00 pm (Mountain Time). This deadline was extended to ensure Unitholders...

TOKYO, May 26, 2020 (GLOBE NEWSWIRE) — Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that Contrail Enterprise Multicloud has been selected as the common services management platform by Net One Systems, one of Japan’s largest network integrators.With the adoption of Contrail Enterprise Multicloud across its multicloud-ready data centers, Net One Systems can now offer its customers seamless, stable and automated network configuration and multitenant environments, all while allowing for the easy scalability of their platforms. In addition, customers can also enjoy enhanced external connectivity with the ability to offer unified management policies. Net One Systems offers numerous operational services, including the monitoring and security diagnosis of ICT infrastructure, and since 2016 their...

VANCOUVER, British Columbia, May 25, 2020 (GLOBE NEWSWIRE) — GT Gold Corp. (TSX-V:GTT) (the “Company” or “GT Gold”) reports its audited financial results for the quarter ended March 31, 2020. Copies of both the Financial Statements and the Management’s Discussion & Analysis may be obtained on the Company’s website at www.gtgoldcorp.ca or under the Company profile on SEDAR.First Quarter HighlightsMarch 31, 2020: The Company completed the work required to develop a well-constrained geological model of the Saddle North gold-rich copper porphyry in northern British Columbia. Published in April, the model comprises a robust three-dimensional digital representation of lithology, alteration, mineralization and structure, which will be used as the basis for both the initial mineral resource estimate anticipated to be released by the...

TORONTO, May 25, 2020 (GLOBE NEWSWIRE) — ARENA MINERALS INC. (TSX.V:AN) (“Arena Minerals”, “Arena” or the “Company”), a junior mining company with projects in Argentina and Chile, wishes to provide an update on its financial reporting for the twelve-month audited period ended December 31, 2019 and the three-month interim period ended March 31, 2020.Arena is relying on the exemption provided in BC Instrument 51-515 Temporary Exemption from Certain Corporate Finance Requirements (and similar exemptions provided by other Canadian securities regulators) (the “BC Instrument”) to postpone the filing of the following continuous disclosure documents (collectively the “Documents”):the Company’s audited annual financial statements for the twelve-month period ended December 31, 2019 and related certifications;the Company’s management’s discussion...

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...

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...

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...

                                                                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...

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...

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...