Month: June 2020
LAKE FOREST, Calif., June 25, 2020 (GLOBE NEWSWIRE) — Del Taco Restaurants, Inc. (NASDAQ: TACO), the nation’s second leading Mexican quick service restaurant* (MQSR), today announced the addition of its newest premium ingredient, Fresh Guacamole, crafted in each restaurant daily with just four simple ingredients:Haas avocadosHandmade pico de galloFresh-squeezed lime juiceSpecial seasoning blend“While the majority of our fast food competitors continue to use frozen guacamole, we are excited to now serve fresh guacamole that we make daily in our restaurants. Fresh guacamole builds on our strategy of delivering fast casual, fresh quality ingredients with fast food speed, convenience, and price,” said Tim Hackbardt, Del Taco’s Chief Marketing Officer. “Whether topping our Epic Burritos, many of which include our Fresh Guacamole at no...
Asta Funding, Inc. Announces Amendment to Merger Agreement Providing for an Increase in Merger Consideration from $11.47 to $13.10
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ENGLEWOOD CLIFFS, N.J., June 25, 2020 (GLOBE NEWSWIRE) — Asta Funding, Inc. (NASDAQ: ASFI) (“Asta” or the “Company”) today announced that it has entered into an amendment (the “Amendment”) to the merger agreement (the “Merger Agreement”) under which the Stern Group, comprised of Gary Stern, Ricky Stern and certain related parties will acquire the outstanding publicly held shares of common stock of Asta through the merger of Asta with a wholly-owned subsidiary of Asta Finance Acquisition Inc. (“Parent”), with Asta surviving as a wholly-owned subsidiary of Parent (the “Merger”). The Merger Agreement was originally entered into on April 8, 2020.The Merger Agreement originally provided that each share of outstanding common stock would be purchased for $11.47 in cash. However, pursuant to the Amendment, each share of outstanding common...
Cronos Group Inc. Announces Results of 2020 Annual and Special Meeting of Shareholders
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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...
Caldas Gold Announces Voting Results of the Special Meeting of Shareholders Held Today
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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...
Titanium Announces Release of Updated Investor Presentation and Results of Annual and Special Meeting
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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...
FEMSA Announces Successful Re-tap to its Senior Unsecured Notes due 2050
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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...
FEMSA Anuncia Exitosa Reapertura de su Bono Senior con Vencimiento en 2050
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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...
Global Dividend Growers Income Fund Reminds Investors of the Upcoming Merger and Announces a Special Distribution
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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...
Alcanna Inc. Announces Voting Results From Annual and Special Meeting of Shareholders
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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...
McEwen Mining Closes the Refinancing of Its $50 Million Debt
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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...
