CAPREIT Ranks in Top Quartile For 7th Consecutive Year in Kincentric Best Employers Program

Written by Customer Service on November 23, 2020. Posted in Public Companies.

TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today that, for the 7th consecutive year, CAPREIT has ranked in the ‘Above Canada Top Quartile Average’ in Kincentric’s 2020 Best Employers Program.CAPREIT has participated in the Best Employers Program since 2010, and the collected data drives key elements of its people strategy.For additional benchmarking opportunities and data, CAPREIT, in partnership with Kincentric, included new items this year related to COVID-19 and diversity and inclusion. Both dimensions were ranked among the highest on the survey, with 89% of employees rating CAPREIT’s stance on diversity and inclusion as favourable.“Being adaptive, understanding, and accepting has been at the core of our business for years. As...

Suncor to assume operatorship of Syncrude by end of 2021

Written by Customer Service on November 23, 2020. Posted in Public Companies.

Unless otherwise noted, all financial figures are in Canadian dollars.CALGARY, Alberta, Nov. 23, 2020 (GLOBE NEWSWIRE) — Suncor, as 58.74% owner of the Syncrude Joint Venture, announced today that it, together with the other Syncrude joint venture owners – Imperial Oil Resources Limited, CNOOC Oil Sands Canada and Sinopec Oil Sands Partnership – have agreed in principle for Suncor to become the operator of the Syncrude project by the end of 2021. The agreement still requires formal approval from each of the owners.“This presents a significant strategic opportunity for Syncrude and the joint venture owners,” said Mark Little, Suncor president and chief executive officer. “We believe this transition will help build on the progress made to date and unlock significant value. By capitalizing on the collective strength of our regional...

Suncor deviendra l’exploitant de Syncrude d’ici la fin de 2021

Written by Customer Service on November 23, 2020. Posted in Public Companies.

Tous les montants sont en dollars canadiens, à moins d’indication contraire.CALGARY, Alberta, 23 nov. 2020 (GLOBE NEWSWIRE) — Suncor, propriétaire à 58,74 % de la coentreprise Syncrude, a annoncé aujourd’hui qu’elle a accepté en principe, conjointement avec les autres propriétaires de la coentreprise Syncrude – Imperial Oil Resources Limited, CNOOC Oil Sands Canada et Sinopec Oil Sands Partnership – de devenir l’exploitant du projet Syncrude d’ici la fin de 2021. L’entente nécessite encore l’approbation formelle de chacun des propriétaires.« Cela représente une occasion stratégique importante pour Syncrude et les propriétaires de la coentreprise, a indiqué Mark Little, président et chef de la direction de Suncor. Nous croyons que cette transition nous aidera à nous appuyer sur les progrès que nous avons accomplis à ce jour et générera...

VVC Announces Debt Conversion of Outstanding Debentures

Written by Customer Service on November 23, 2020. Posted in Public Companies.

TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — VVC Exploration Corporation (“VVC” or the “Company”) (TSX-V:VVC) announces the following:Debt ConversionThe Company wishes to settle an aggregate of up to $650,000 of indebtedness (the “Debt Conversion”) by the issuance of up to 9,300,000 Shares and 9,300,000 Warrants (collectively the “Units”) at $0.07 per Unit. The indebtedness is primarily a result of debentures maturing between Dec. 20, 2020 and Nov. 20, 2021. One of the Debenture holders is an insider of the Company. The transaction is subject to receiving signed subscription agreements from the debt holders and also subject to the approval of the TSX Venture Exchange.The Company will offer the Debenture Holders the opportunity to convert the principle amount and accrued interest at a...

Update on Melcor REIT’s News Release Issued Today at 11:38 AM MT

Written by Customer Service on November 23, 2020. Posted in Public Companies.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES.EDMONTON, Alberta, Nov. 23, 2020 (GLOBE NEWSWIRE) — Melcor Real Estate Investment Trust (TSX:MR.UN) –Further to our press release from earlier today, we have investigated the matter and discovered that the original letter, dated November 4, 2020 and sent to us via email by FC Private Equity Realty Management Corp. (Firm Capital), was caught in our spam filter and did not reach any of its intended recipients.Click here to read our press release from 11:38AM (MT).About Melcor REITMelcor REIT is an unincorporated, open-ended real estate investment trust. Melcor REIT owns, acquires, manages and leases quality retail, office and industrial income-generating properties in Western Canada. Its portfolio is currently made up of interests in 39 properties...

Huntington Ingalls Industries Awarded Contract for Construction of First Two Columbia-Class Submarine Modules

Written by Customer Service on November 23, 2020. Posted in Public Companies.

NEWPORT NEWS, Va., Nov. 23, 2020 (GLOBE NEWSWIRE) — Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division has been awarded a contract modification from General Dynamics Electric Boat in support of construction on the first two Columbia-class ballistic missile submarines The contract modification, valued at approximately $2.2 billion, provides continued design support efforts, as well as the construction and delivery of six module sections for each of the first two Columbia-class submarines.As part of the contract, Newport News will deliver the completed modules to Electric Boat for final assembly. The contracted module delivery dates are scheduled to start in November 2022 with the last module delivery taking place by January 2028.“We are pleased to be a crucial design and manufacturing...

Redevances Aurifères Osisko Ltée et Barolo Ventures Corp. font le point sur la transaction de transfert d’actifs annoncée précédemment

Written by Customer Service on November 23, 2020. Posted in Public Companies.

MONTRÉAL, 23 nov. 2020 (GLOBE NEWSWIRE) — Redevances Aurifères Osisko Ltée (« Redevances Osisko ») (TSX et NYSE : OR) et Barolo Ventures Corp. (« Barolo ») (TSX-V : BVC.H) ont le plaisir de communiquer certaines mises à jour relatives à la transaction de transfert d’actifs annoncée précédemment, en complément de leurs communiqués de presse conjoints datés du 5 octobre 2020, du 28 octobre 2020 et du 29 octobre 2020, qui conduira à une « prise de contrôle inversée » de Barolo (la « PCI ») en vertu des politiques de la Bourse de croissance TSX (le « TSX-V »). Dans le présent communiqué, toute référence à l’« émetteur résultant » ou à « Osisko Développement » renvoie à Barolo après la clôture de la PCI.Approbation conditionnelle de la BourseLe 12 novembre 2020, Barolo a reçu l’approbation conditionnelle du TSX-V pour (i) inscrire des...

Partners Value Investments Inc. Announces Q3 2020 Interim Results

Written by Customer Service on November 23, 2020. Posted in Earnings Releases And Operating Results.

TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT) announced today its financial results for the three months ended September 30, 2020. All amounts are stated in US dollars.The Company generated net loss of $50 million for the three months ended September 30, 2020 compared to $35 million in the prior year quarter. The net loss reflects the impact of foreign currencies and valuation changes.The market price of a Brookfield share was $33.06 per share on September 30, 2020 compared to $32.90 per share on June 30, 2020.Consolidated Statements of OperationsFinancial ProfileThe Company’s principal investment is its interest in approximately 129 million Class A Limited Voting Shares (“Brookfield shares”) of Brookfield. This represents a 9% interest as at September 30, 2020. In addition,...

Oportun Applies for National Bank Charter with the Office of the Comptroller of the Currency (OCC)

Written by Customer Service on November 23, 2020. Posted in Public Companies.

SAN CARLOS, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) — Oportun Financial Corporation (Nasdaq: OPRT), a mission-driven financial institution providing inclusive, affordable financial services, today announced it has submitted an application with the OCC to establish Oportun Bank, N.A.“A national bank charter will allow us to reach the estimated 100 million low- and-moderate income (LMI) consumers in the U.S. that we seek to serve. Today, Oportun maintains dozens of state licenses in order to offer affordable and responsible financial services to LMI communities. As a national bank, we can efficiently provide the security of dealing with a federally regulated and supervised bank to our customers and other stakeholders,” said Raul Vazquez, CEO of Oportun. “Our existing and potential customers are hard-working people who have historically...

Greencastle Reports New Mineralized Zone at Jewel Ridge, Nevada

Written by Customer Service on November 23, 2020. Posted in Public Companies.

TORONTO, Nov. 23, 2020 (GLOBE NEWSWIRE) — Greencastle Resources Ltd. (“Greencastle” or ‘the Company”) (TSXV: “VGN”) is pleased to report encouraging drill results at Jewel Ridge, Nevada and receipt of two million common shares of Golden Lake Exploration Inc. (CSE: “GLM”).“We are very encouraged by the Golden Lake results at Jewel as we turn our attention to the Seagrave property and the Red Lake area of NW Ontario. These are two of the world’s great gold mining districts.” commented Anthony Roodenburg, Greencastle, CEO.On November 19, 2020, Golden Lake Exploration Inc. reported: “A new mineralized zone was intersected in hole JR-20-09 at a depth of 160.0 metres, averaging 1.48 grams per tonne gold and 1.3 grams per tonne silver over an interval of 10.67 metres. This represents a second mineralized...

Day: November 23, 2020

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