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Day: October 5, 2020

Brookfield Renewable Announces Secondary Offering of C$325 Million of Exchangeable Shares By Brookfield Asset Management

All amounts in U.S. dollars unless otherwise indicatedBROOKFIELD, News, Oct. 05, 2020 (GLOBE NEWSWIRE) — Brookfield Renewable Partners L.P. (the “Partnership”) (NYSE: BEP; TSX: BEP.UN), Brookfield Renewable Corporation (“BEPC” and together with the Partnership, “Brookfield Renewable”) (NYSE/TSX: BEPC) and Brookfield Asset Management Inc. (“BAM”) (NYSE: BAM; TSX: BAM.A) today announced a secondary offering (the “Offering”) of 4,055,000 class A exchangeable subordinate voting shares (the “Exchangeable Shares”) of BEPC by a subsidiary of BAM (the “Selling Securityholder”) on a bought deal basis to a syndicate of underwriters co-led by Scotiabank, RBC Capital Markets, TD Securities Inc., BMO Capital Markets and CIBC Capital Markets (collectively, the “Underwriters”) for distribution to the public. The Selling Securityholder has agreed...

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Glacier Bancorp, Inc. Announces Third Quarter Earnings Release and Conference Call

KALISPELL, Mont., Oct. 05, 2020 (GLOBE NEWSWIRE) — Glacier Bancorp, Inc. (Nasdaq GS: GBCI) will report third quarter financial results after the market closes on October 22, 2020. A conference call for investors is scheduled for 11:00 a.m. Eastern Time on Friday, October 23, 2020.The conference call will be accessible by telephone and webcast. Interested individuals are invited to listen to the call by dialing 877-561-2748 and conference ID 1497135. To participate on the webcast, log on to: https://edge.media-server.com/mmc/p/or6wd4fi.If you are unable to participate during the live webcast, the call will be archived on our website, www.glacierbancorp.com, or by calling 855-859-2056 with the ID 1497135 by November 6, 2020.Glacier Bancorp, Inc. is the parent company for Glacier Bank and its bank divisions: Bank of the San Juans (Durango,...

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Founders Advantage Enters into Acquisition Agreement to Acquire 100% of Dominion Lending Centres; Announces Proposed Name Change and Corporate Reorganization

CALGARY, Alberta, Oct. 05, 2020 (GLOBE NEWSWIRE) — Founders Advantage Capital Corp. (TSX-V: FCF) (“FAC” or the “Corporation”) is pleased to announce that it has entered into an acquisition agreement (the “Acquisition Agreement”) with KayMaur Holdings Ltd. (“KayMaur”) and certain minority holders to acquire (the “Proposed Acquisition”) all of the limited partnership units of Dominion Lending Centres Limited Partnership (“DLC LP”) that the Corporation does not otherwise own in exchange for an aggregate of 26,774,054 newly created non-voting series 1 class B preferred shares (the “Preferred Shares”). The Proposed Acquisition, if completed, would be a related-party transaction for the purposes of Multilateral Instrument 61-101 (“MI 61-101”) as Gary Mauris and Chris Kayat are the principals of DLC LP (and directors of the Corporation),...

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RenovaCare Elects Alan L. Rubino to Chairman of the Board of Directors

ROSELAND, N.J., Oct. 05, 2020 (GLOBE NEWSWIRE) — RenovaCare, Inc. (Symbol: RCAR), developer of patented technologies for spraying self-donated stem cells for the regeneration of skin and other organs and tissues, today announced that Alan L. Rubino, Chief Executive Officer and President, has been elected to the additional role of Chairman of the Board of RenovaCare effective October 1, 2020. Mr. Rubino replaces Harmel S. Rayat as Chairman of the Board, who resigned from the Board and as Chairman on the same date.Mr. Rubino was named President and CEO, and a member of the Company’s Board of Directors, in November 2019 to build a highly experienced leadership team with a proven track record to focus the Company on its planned transition from a pre-clinical stage to a development/commercial stage entity.Mr. Rubino stated, “On behalf...

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Precision Drilling Corporation 2020 Third Quarter Results Conference Call and Webcast

CALGARY, Alberta, Oct. 05, 2020 (GLOBE NEWSWIRE) — Precision Drilling Corporation (“Precision”) intends to release its 2020 third quarter results before the market opens on Thursday, October 22, 2020 and has scheduled a conference call and webcast to begin promptly at 12:00 Noon MT (2:00 p.m. ET) on the same day.The conference call dial in numbers are 844-515-9176 or 614-999-9312 (International) or a live webcast is accessible on our website at www.precisiondrilling.comAn archived version of the webcast will be available for approximately 60 days. An archived recording of the conference call will be available approximately one hour after the completion of the call until October 28, 2020 by dialing 855-859-2056 or 404-537-3406, passcode 4983760.About PrecisionPrecision is a leading provider of safe and High Performance, High Value...

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Cascades Green-Lights Bear Island Project and Concurrently Announces a CAD$125 Million Bought Deal Public Equity Offering

Not for distribution to U.S. newswire services or for dissemination in the United StatesKINGSEY FALLS, Quebec, Oct. 05, 2020 (GLOBE NEWSWIRE) — Cascades Inc. (TSX: CAS) (“Cascades” or the “Company”), a leader in eco-friendly recycling, hygiene and packaging solutions, is pleased to announce plans to proceed with the strategic Bear Island mill conversion project located in Virginia. Subject to obtaining final permits, the currently idled newsprint machine will be converted to a 1st quartile containerboard machine capable of producing high-quality, lightweight, 100% recycled linerboard and medium for the North American market.To finance the equity portion of the Bear Island mill conversion, Cascades is also pleased to announce today that it has entered into an agreement with CIBC Capital Markets, RBC Capital...

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Spartan Energy Acquisition Corp. and Fisker Inc. Announce October 28, 2020 Special Meeting to Approve Business Combination

NEW YORK, Oct. 05, 2020 (GLOBE NEWSWIRE) — Spartan Energy Acquisition Corp. (NYSE: SPAQ) (“Spartan”) and Fisker Inc. (“Fisker”) today announced that the Special Meeting of Stockholders of Spartan (the “Special Meeting”) to approve the pending business combination between Spartan and Fisker is scheduled to be held on Wednesday, October 28, 2020, at 11:00 am Eastern time. The Special Meeting will be completely virtual and conducted via live webcast. Holders of Spartan’s shares of Class A Common Stock and Class B Common Stock at the close of business on the record date of October 1, 2020 are entitled to notice of the virtual Special Meeting and to vote at the virtual Special Meeting. Following the proposed business combination, Fisker, an electric vehicle maker, with a mission to make the world’s most emotional and sustainable vehicles,...

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Leo Acquisitions Enters into Binding Letter of Intent for Qualifying Transaction with PsyBio Therapeutics

Not for distribution to United States newswire services or for dissemination in the United States.TORONTO, Oct. 05, 2020 (GLOBE NEWSWIRE) — Leo Acquisitions Corp. (TSXV: LEQ.H) (“Leo” or the “Company”) and PsyBio Therapeutics, Inc. (“PsyBio”) are pleased to announce that they have entered into a binding letter of intent dated October 5, 2020, pursuant to which Leo and PsyBio intend to complete a business combination or other similarly structured transaction which will constitute a reverse take-over of Leo (the “Transaction”). It is intended that the Transaction will be an arm’s length “Qualifying Transaction” for Leo, as such term is defined in Policy 2.4 of the Corporate Finance Manual of the TSX Venture Exchange (the “TSXV”).About PsyBio TherapeuticsPsyBio is a US-based biotechnology company developing a new class of drugs intended...

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Canoe EIT Income Fund Announces October 2020 Distribution

CALGARY, Alberta, Oct. 05, 2020 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the September 2020 distribution of $0.10 per unit. The distribution will be paid on November 15, 2020 to unitholders of record on October 22, 2020. The ex-distribution date for this distribution is October 21, 2020.About Canoe EIT Income FundOne of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol EIT.UN and is actively managed by Robert Taylor, Senior Vice President and Portfolio Manager of Canoe Financial.About Canoe FinancialCanoe Financial is one of Canada’s fastest growing independent mutual fund companies managing over $8.0...

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Le fonds Canoe EIT Income Fund annonce la distribution pour le mois de octobre 2020

CALGARY, Alberta, 05 oct. 2020 (GLOBE NEWSWIRE) — Le fonds Canoe EIT Income Fund (le « fonds ») [Bourse de Toronto : EIT.UN] annonce une distribution de 0,10 $ par part en octobre 2020. La distribution sera payée le 15 novembre 2020 aux porteurs de parts inscrits le 22 octobre 2020. La date ex-distribution connexe est le 21 octobre 2020.À propos du fonds Canoe EIT Income FundLe fonds Canoe EIT Income Fund est l’un des fonds de placement à capital fixe les plus importants au Canada; il vise à maximiser les distributions mensuelles et l’appréciation du capital en investissant dans un portefeuille largement diversifié de titres de haute qualité. Coté à la Bourse de Toronto sous le symbole EIT.UN, le fonds est activement géré par Robert Taylor, vice-président principal et gestionnaire de portefeuille de Canoe Financial.À propos de Canoe...

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