Day: June 25, 2020

TORONTO, June 25, 2020 (GLOBE NEWSWIRE) — Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) (“Cronos Group” or the “Company”) announces that at its Annual and Special Meeting of Shareholders held earlier today (the “Meeting”) there were 652 shareholders voting in person or by proxy holding in total 195,124,634 common shares of the Company, representing 55.94% of the total number of common shares of the Company outstanding.Each of the directors listed as a nominee in the Company’s proxy statement dated April 28, 2020 (the “Proxy Statement”) was elected as a director of the Company, with each director receiving in excess of 97.10% of the votes cast in favor of his or her election. The detailed results of the vote for the election of directors are as follows:The Company also announced today that the shareholders have approved a special...

TORONTO, June 25, 2020 (GLOBE NEWSWIRE) — Caldas Gold Corp.’s (TSX-V: CGC; OTCQX: ALLXF) Special Meeting of Shareholders was held today. The detailed results of the votes for each matter acted upon are set out below:About Caldas GoldCaldas  Gold  is  a  Canadian  junior  mining  company  currently  advancing  a  prefeasibility  study  for  a  major  expansion  and  modernization of its underground mining operations at its Marmato Project in the Department of Caldas, Colombia with mineral resources  of  2.0  million  ounces  of  gold  in  the  Measured  and  Indicated  categories  and  3.3  million  ounces  in  the  Inferred  category.  A Preliminary  Economic  Assessment  study  (Preliminary  Economic  Assessment  Report,  Marmato  Project,  Colombia, dated February 6, 2020 completed by SRK Consulting (U.S.), Inc.) is available...

CALGARY, Alberta, June 25, 2020 (GLOBE NEWSWIRE) — Titanium Corporation Inc. (the “Company” or “Titanium”) (TSX-V: TIC) is pleased to announce that an updated version of the Company’s investor presentation is now available on its website at www.titaniumcorporation.com.  This investor presentation, dated June 25, 2020, was presented by Titanium’s management following the formal portion of the Company’s annual and special meeting (the “Meeting“) of shareholders held today. Titanium is also pleased to announce that shareholders voted in favour of all items of business brought before them at the Meeting.  At the Meeting, the following six nominees set forth in the management information circular of the Company dated May 11, 2020 were elected as directors of the Company: David Macdonald...

MONTERREY, Mexico, June 25, 2020 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) announced the successful placement of a US$700 million re-tap to its US-denominated SEC-registered Senior Unsecured Notes due 2050 (“New Notes”), representing an additional issuance to FEMSA’s outstanding US$1,500 million 3.500% Senior Unsecured Notes due 2050 issued on January 16, 2020 (“Initial Notes”), and the outstanding US$300 million re-tap notes issued on February 12, 2020 (“Re-Tap Notes”). The New Notes will be treated as a single class with the Initial Notes and Re-Tap Notes, raising the total outstanding balance to US $2,500 million.  The New Notes were priced at 102.620 for an implied yield to maturity of 3.358%.The proceeds from this issuance will be used for general corporate purposes, further...

MONTERREY, México, June 25, 2020 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD) anunció la colocación exitosa por US$700 millones de la reapertura de su bono senior en dólares con vencimiento en 2050 (“nuevas notas”), representando una emisión adicional a los US$1,500 millones en notas senior con cupón de 3.500% con vencimiento en 2050 (“notas iniciales”), emitidos el 16 de enero del 2020, y los US$300 millones emitidos en la reapertura llevada a cabo el 12 de febrero del 2020 (“notas de re-apertura”).  Las nuevas notas serán consideradas parte de la misma clase que las notas iniciales y las notas de re-apertura, incrementando el monto total a US$2,500 millones. Las nuevas notas se fijaron a un precio de 102.620 para generar un rendimiento implícito de 3.358%.Los recursos obtenidos...

CALGARY, June 25, 2020 (GLOBE NEWSWIRE) — Global Dividend Growers Income Fund (the “Fund”) (TSX: GDG.UN) wishes to remind investors of the upcoming merger of European Focused Dividend Fund into the Fund on or about July 14, 2020 (the “Merger”).The Merger is expected to result in a Fund with a larger market capitalization, increased trading liquidity and lower operating costs on a per unit basis.In addition, as a result of the Merger and the successful performance of the Fund, it is announcing a special distribution will be made to holders of record as at the close of business on July 8, 2020. Subject to a final review of the Fund’s taxable income prior to the Merger, it is expected that the special distribution will be approximately $0.70 per unit, which will be automatically reinvested in additional units to be determined based...

EDMONTON, Alberta, June 25, 2020 (GLOBE NEWSWIRE) — Alcanna Inc. (“Alcanna” or the “Company“) held its annual and special meeting of shareholders on June 25, 2020 (the “Meeting“).The complete voting results from the Meeting are as follows:1. Election of DirectorsEach of the six (6) nominees listed in the Management Information Circular of the Company was elected as a Director of the Company.2. Appointment of AuditorsPricewaterhouseCoopers LLP were re-appointed as auditors of the Company until the close of the next annual meeting of shareholders at a remuneration to be fixed by the Board of Directors.3. Approval of all Unallocated Awards Issuable Pursuant to the Company’s Incentive Award PlanThe ordinary resolution to approve all unallocated awards issuable pursuant to the Company’s incentive award...

TORONTO, June 25, 2020 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) (“McEwen” or the “Company”) is pleased to announce that it has successfully refinanced its $50 million senior secured term loan facility (the “Term Loan”). As part of the refinancing, Sprott Private Resource Lending II (Collector), LP has replaced Royal Capital Management Corp. as a lender and the administrative agent for the Term Loan; and Evanachan Limited, a corporation wholly-owned by Rob McEwen, remains a lender (collectively the “Lenders”). The principal amount of the loan remains $50 million.As part of the amendments, the maturity date of the Term Loan has been extended by two years to August 31, 2023. In consideration for the extension of the Term Loan and other amendments, the Lenders were paid one-time bonus interest of 3.75% of the principal...

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESCINCINNATI, June 25, 2020 (GLOBE NEWSWIRE) — Protech Home Medical Corp. (the “Company”) (TSXV: PTQ) (OTCQX: PTQQF) is pleased to announce that is has filed its (final) short form prospectus in connection with its previously announced bought deal public offering (the “Offering”) of units (“Units”) of the Company conducted by a syndicate of underwriters (the “Underwriters”) co-led by Beacon Securities Limited, as sole bookrunner, and Canaccord Genuity Corp.Under the terms of the Offering, the Underwriters have agreed to purchase ‎21,740,000 Units from treasury of the Company, at a price of $1.15 per Unit for total gross proceeds of $‎25,001,000‎. Each Unit will consist of one common share of the Company (a “Common Share”) and one-half of...

CALGARY, Alberta, June 25, 2020 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”)(TSX, NYSE: BTE) provides a corporate update that includes the resumption of previously shut-in crude oil production.“As the global supply and demand picture continues to unfold, crude oil prices have strengthened from their lows in April and we are now starting to benefit from the steps we have taken. We have restarted approximately 80% of the previously announced shut-in volumes, which will have a positive impact on our adjusted funds flow. At current commodity prices, we expect to generate positive free cash flow over the remainder of 2020 and maintain over $300 million of financial liquidity,” commented Ed LaFehr, President and Chief Executive Officer.2020 OutlookWe continue to forecast capital spending for this year of $260 to $290...