Month: June 2020
EDMONTON, Alberta, June 19, 2020 (GLOBE NEWSWIRE) — Trusted Brand 2016 Inc. (“Trusted Brand” or the “Corporation”) (TSX VENTURE: HAH.P), a capital pool corporation, is pleased to announce that it has entered into a definitive share purchase agreement subject to the usual conditions (the “Definitive Agreement”) with 1421526 Alberta Ltd. (“1421526”), Lui Holdings Corporation (“Lui Holdings”) and 991799 Alberta Ltd. (“991799”), all private Alberta corporations, dated June 19, 2020 pursuant to which Trusted Brand will acquire all of the issued and outstanding Class “A” common voting shares in the capital of 1421526 together with all of the shareholder loans on a converted to equity basis (collectively the “Shareholder Interest”) for a total purchase price equal to the aggregate of the fair market value of the Shareholder...
Orca Exploration announces completion of Normal Course Issuer Bid
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TORTOLA, British Virgin Islands, June 19, 2020 (GLOBE NEWSWIRE) — Orca Exploration Group Inc. (“Orca” or the “Company”) (TSX-V: ORC.A, ORC.B) announces that it has completed its normal course issuer bid (the “Bid“) for its Class B Subordinate Voting Shares (“Class B Shares“).Under the Bid, Orca repurchased 477,500 Class B Shares at a weighted average price of $5.32 per Class B Share for aggregate consideration of approximately Cdn. $2,540,300. The Class B Shares repurchased under the Bid will be cancelled.After giving effect to the Bid, Orca will have 24,387,460 Class B Shares and 1,750,495 Class A Common Shares issued and outstanding.About Orca Exploration Group Inc.Orca is an international public company engaged in natural gas exploration, development and supply in Tanzania through its subsidiary PanAfrican...
Heartland Financial USA, Inc. Announces Pricing of $100 Million Offering of Depositary Shares
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DUBUQUE, Iowa, June 19, 2020 (GLOBE NEWSWIRE) — Heartland Financial USA, Inc. (NASDAQ: HTLF) (“Heartland”) today announced that it has priced an underwritten public offering of 4,000,000 depositary shares (the “depositary shares”), each representing a 1/400th interest in a share of 7.00% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series E, with a liquidation preference of $25 per depositary share (equivalent to $10,000 per share of Series E Preferred Stock). The offering is subject to customary closing conditions and is expected to close on or about June 26, 2020. Heartland has applied to list the depositary shares on The Nasdaq Global Select Market under the symbol “HTLFP.”Raymond James & Associates, Inc., Keefe, Bruyette & Woods, Inc., A Stifel Company, Wells Fargo Securities, LLC, D.A. Davidson &...
WestBond Increases Sales and Profit for the Year ended March 31, 2020
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DELTA, British Columbia, June 19, 2020 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) has posted a profit of $591,016 for the year ended March 31, 2020. This represents an increase from the profit of $421,264 for the year ended March 31, 2019 of 40%. Sales increased 2.7% to $11,667,892 this year compared to $11,363,162 for the year ended March 31, 2019.The increase in profit is primarily due to improved operating efficiencies.WestBond is in the process of introducing ViroBan Plus in the coming weeks. ViroBan Plus is a Health Canada approved disinfectant wipe which will be sold through the company’s extensive medical distributor network and directly to government procurement agencies.The annual report and other information is available on the company’s website at www.westbond.ca and on SEDAR at www.sedar.comFor...
MAG Reports AGSM Results
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VANCOUVER, British Columbia, June 19, 2020 (GLOBE NEWSWIRE) — MAG Silver Corp. (TSX / NYSE American: MAG) (“MAG” or the “Company”) reports that at its annual general and special meeting (the “AGSM”) held on June 18, 2020, MAG’s Shareholders approved by majority: to reduce the size of the board to seven; to elect all seven directors standing for re-election; to re-appoint Deloitte LLP as the Company’s auditor; to continue the Company’s Stock Option and Share Unit Plans; to amend and continue the Company’s Deferred Share Unit Plan; and to support the Company’s approach to executive compensation.Detailed results of the total shares voted at the AGSM are set out below along with the votes in regards to Say on Pay.George Paspalas, President and CEO of MAG, extends his thanks to the Shareholders of the Company for their continued strong...
Gold Standard Files Mineral Resource Estimate for the Virgin Deposit at the Lewis Project
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VANCOUVER, British Columbia, June 19, 2020 (GLOBE NEWSWIRE) — Gold Standard Ventures Corp. (TSX: GSV; NYSE AMERICAN: GSV) (“Gold Standard” or the “Company”) has filed its technical report entitled “Technical Report and Mineral Resource Estimate for the Lewis Project, Ladner County, Nevada USA”, on SEDAR and the Company’s website. This report was prepared by APEX Geoscience Ltd. in accordance with National Instrument 43-101 and has an effective date of May 1, 2020.On behalf of the Board of Directors of Gold Standard,“Jonathan Awde”Jonathan Awde, President and DirectorFOR FURTHER INFORMATION PLEASE CONTACT:Jonathan AwdePresidentTel: 604-669-5702Email: info@goldstandardv.comWebsite: www.goldstandardv.com
BE Resources Announces Completion of Debt Settlement
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TORONTO, June 19, 2020 (GLOBE NEWSWIRE) — BE Resources Inc. (TSXV: BER.H) (“BE Resources” or the “Company”) announces that following an earlier announcement in its May 12, 2020 news release, it has received the approval of the TSX Venture Exchange (“TSX-V”) for the shares for debt transaction to settle the aggregate of $39,971.35 in indebtedness of the Company to Keyser Soze Services Limited (the “Support Creditor”) through the issuance to the Support Creditor of 592,168 common shares of the Company (the “Settlement Shares”) at a deemed price of $0.0675 per Settlement Share (the “Debt Settlement”). Accordingly, the Company announces that it has completed the Debt Settlement. The Settlement Shares are subject to the statutory hold period of four months and a day.Related Party TransactionsThe issuance of Settlement Shares to Support...
Cardinal Energy Ltd. Announces Approval of Debenture Amendments and Commencement of Exchange Right
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CALGARY, Alberta, June 19, 2020 (GLOBE NEWSWIRE) — Cardinal Energy Ltd. (“Cardinal“) (TSX: CJ) announces that 99.54% of the holders of our 5.50% convertible debentures that voted at the extraordinary meeting of debentureholders held earlier today have voted in favour of a resolution approving certain amendments to the debentures. As a result, all debentureholders now have the right to exchange their debentures for a new series of 8.00% convertible debentures. This right must be exercised prior to 5:00 p.m. (Eastern time) on Monday, July 20, 2020 (unless otherwise terminated, extended or amended by us).Please contact us via email at info@cardinalenergy.ca or our exchange agent, Computershare Investor Services Inc., at 1-800-564-6253 or via email at corporateactions@computershare.com if you need any assistance in exercising...
Captiva Verde Land Corp. Announces Location Change Of Upcoming Annual General Meeting Due To Ongoing COVID-19 Concerns
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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, June 19, 2020 (GLOBE NEWSWIRE) — Captiva Verde Land Corp. (CSE: PWR) (OTC: CPIVF) (the “Company” or “Captiva”), announces that further to its news release dated March 26, 2020 announcing the postponement of its March 30, 2020 Annual General Meeting of Shareholders (the “Meeting”) to June 29, 2020, the Company now advises of a change of venue for the Meeting to Suite 1201, 1166 Alberni Street, Vancouver, British Columbia, Canada.Pursuant to the Canadian Securities Administrators’ guidance dated March 20, 2020 entitled “Canadian Securities Regulators Provide Guidance on Conducting Annual General Meetings During COVID-19 Outbreak” (the “CSA’s AGM Guidance”), the Company announces:the...
Churchill Downs Incorporated Gains Entry into Online Illinois Sports Betting Market Through the Launch of BetRivers.com by Rivers Casino Des Plaines
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LOUISVILLE, Ky., June 19, 2020 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or “the Company”) (Nasdaq: CHDN) announced today that Rivers Casino Des Plaines, the Company’s joint venture with Rush Street Gaming, has partnered with Rush Street Interactive to launch BetRivers.com, Illinois’ first online sportsbook. BetRivers.com launched on June 18, 2020, and is the first online sportsbook to launch in Illinois.BetRivers.com sites will live stream hundreds of sporting events while allowing players to bet while they watch the action. The Premier League Soccer resumed this week, and the NBA, WNBA and NHL are expected to resume play next month. Bundesliga soccer, UFC, motorsports and professional golf have resumed televised events.Players are able to sign up for a BetRivers.com account online or via mobile app under a temporary...
