Orion to Acquire Centerra Gold’s 50% Interest in the Greenstone Gold Mines Partnership

Written by Customer Service on December 15, 2020. Posted in Public Companies.

THUNDER BAY, Ontario and TORONTO, Dec. 15, 2020 (GLOBE NEWSWIRE) — PREMIER GOLD MINES LIMITED (“Premier”) (TSX:PG) (OTCPK: PIRGF) and CENTERRA GOLD INC. (“Centerra”) (TSX: CG) are pleased to announce that an affiliate of the Orion Mine Finance Group (“Orion”), has entered into an agreement (the “Purchase Agreement”) with Centerra and Premier pursuant to which Orion will acquire Centerra’s 50% interest in the Greenstone Gold Mines Partnership (“GGM”) for cash consideration of US$225 million (subject to certain adjustments) plus certain contingent payment obligations of approximately US$75 million (assuming a US$1,500 gold price), described below (the “Transaction”). Premier currently owns the other 50% of GGM.GGM’s principal asset is the Hardrock Mine Project (“Hardrock” or the “Project”) located on...

Air Canada annonce un placement d’actions

Written by Customer Service on December 15, 2020. Posted in Public Companies.

NE PAS DIFFUSER SUR LES FILS DE PRESSE AMÉRICAINS NI DISTRIBUER AUX ÉTATS-UNISMONTRÉAL, 15 déc. 2020 (GLOBE NEWSWIRE) — Air Canada (TSX : AC) (la « Société ») a annoncé aujourd’hui avoir entamé un placement public commercialisé et négocié hors séance d’actions à droit de vote variable de catégorie A et/ou d’actions à droit de vote de catégorie B (les « actions ») censé rapporter un produit brut d’environ 850 millions de dollars canadiens (le « placement »).La Société a l’intention d’accorder aux preneurs fermes une option, pouvant être exercée en totalité ou en partie dans les 30 jours suivant la clôture du placement, leur permettant d’acheter jusqu’à 15 % d’actions supplémentaires dans le cadre du placement.Le prix du placement sera établi en fonction du marché. Le prix et les modalités définitives du placement d’actions seront...

Delta 9 partner Oceanic Releaf Opens Cannabis Store in Burin Bay Arm, Newfoundland

Written by Customer Service on December 15, 2020. Posted in Public Companies.

BURIN, Newfoundland and Labrador, Dec. 15, 2020 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX: DN) (OTCQX: VRNDF) (“Delta 9” or the “Company”) and strategic partner Oceanic Releaf Inc. (“Oceanic”) are pleased to announce the grand opening of Oceanic’s first Cannabis Store in the Province of Newfoundland and Labrador. The retail store is located in Burin Bay Arm and opened on December 15, 2020. Delta 9 owns a 5% equity stake in Oceanic.“With this newest store opening, we’re extremely excited to be able to offer the residents of the Burin Peninsula the best selection of Delta 9 cannabis products and to work with Oceanic to create a world class retail experience,” said John Arbuthnot, CEO of Delta 9. “We look forward to continuing to work with Oceanic on expanding their cultivation and retail operations in Newfoundland.”The new store...

Jourdan Announces Management Changes

Written by Customer Service on December 15, 2020. Posted in Public Companies.

TORONTO, Dec. 15, 2020 (GLOBE NEWSWIRE) — Jourdan Resources Inc. (TSXV: JOR) (“Jourdan” or the “Company”) announces that the Company’s chief executive officer and president and the Company’s chairman of the board of directors have swapped positions. Effective immediately, Rene Bharti has been appointed as the chief executive officer and president of the Company and Dr. Andreas Rompel has been appointed as the chairman of the board of directors of the Company. Mr. Bharti will continue to serve as a director of the Company.Over a 20-year career, Mr. Bharti has held several key roles in both public and private companies, including those in the resource, technology and entertainment industry. Mr. Bharti co-founded ARHT Media, along with legendary singer Paul Anka, with the aim of creating the world’s most lifelike digital humans to...

vTv Therapeutics Announces Topline Results of Phase 2 Elevage Study of Azeliragon in Patients with Mild Alzheimer’s Disease and Type 2 Diabetes

Written by Customer Service on December 15, 2020. Posted in Public Companies.

HIGH POINT, N.C., Dec. 15, 2020 (GLOBE NEWSWIRE) — vTv Therapeutics Inc. (Nasdaq: VTVT) today announced that the Phase 2 Elevage study of azeliragon in people with mild Alzheimer’s disease and type 2 diabetes did not meet its primary objective of demonstrating an improvement in cognition as assessed by the 14-item Alzheimer’s Disease Assessment Scale – Cognitive Subscale (ADAS-cog14) relative to placebo. The 6-month trial investigated the efficacy and safety of 5 mg azeliragon administered orally once daily compared to placebo in 43 people with mild probable Alzheimer’s disease and type 2 diabetes. The azeliragon treated group (n=21) had a 1.8 point decline from baseline in ADAS-cog14 compared to a placebo (n=22) decline of 0.35. These differences were not statistically significant. Consistent with previous studies, azeliragon was...

CORRECTION — Acme United Corporation Board Increases Cash Dividend 8 Percent to $0.13 Per Share

Written by Customer Service on December 15, 2020. Posted in Public Companies.

FAIRFIELD, Conn., Dec. 15, 2020 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today, please note that the second sentence of the first paragraph should say that the dividend is payable on January 29, 2021 to stockholders of record on the close of business on January 8, 2021. The corrected release follows:The Board of Directors of Acme United Corporation (NYSE American: ACU) declared a cash dividend of 13 cents per share on its outstanding common stock. The dividend is payable on January 29, 2021 to stockholders of record on the close of business on January 8, 2021.Walter C. Johnsen, Chairman and CEO, said, “This is Acme United’s twelfth dividend increase since 2004. The Company continues to make good business progress and we are delighted to provide this additional return to shareholders. Our balance sheet...

GT Gold Receives Shareholder Meeting Requisition

Written by Customer Service on December 15, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Dec. 15, 2020 (GLOBE NEWSWIRE) — GT Gold Corp. (TSX-V:GTT; OTCQX:GTGDF) (the “Company” or “GT Gold”) today announced that it has received a shareholder meeting requisition notice (the “Requisition”) dated December 15, 2020 from The K2 Principal Fund L.P. (“K2“), a holder of approximately 11% of the issued and outstanding common shares of GT Gold, requesting that the Company convene a meeting of GT Gold shareholders for the purposes of (a) removing three directors, and (b) adding five K2 director nominees.The Company is reviewing the Requisition, with the assistance of its professional advisors, and will respond in due course. In the meantime, there is no need for shareholders to take any action.GT Gold’s Board and management is continuing to move the Company forward via field and metallurgical...

Westport Fuel Systems to Participate in Water Tower Research Virtual Fireside Series Event December 16th 12:00 pm PT

Written by Customer Service on December 15, 2020. Posted in Public Companies.

VANCOUVER, British Columbia, Dec. 15, 2020 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport Fuel Systems”) (TSX:WPRT / Nasdaq:WPRT) will participate in a virtual conference event hosted by Water Tower Research to provide a business review of 2020 and look ahead to 2021. The event will take place this week, December 16, 2020 at 12 PM Pacific Time.The presentation is open to anyone, will be webcast live and be available for replay by visiting Westport Fuel Systems’ website at www.wfsinc.com. Please register using the link below.Registration Link: https://globalmeet.webcasts.com/starthere.jsp?ei=1415047&tp_key=465f927d67About Westport Fuel SystemsWestport Fuel Systems is driving innovation to power a cleaner tomorrow. The company is a leading supplier of advanced fuel delivery components and systems for clean, low-carbon...

Toll Brothers/L+M Joint Venture Secures $160 million in Construction Financing for New Multifamily Development in Washington, DC

Written by Customer Service on December 15, 2020. Posted in Public Companies.

FORT WASHINGTON, Pa., Dec. 15, 2020 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE: TOL) (www.TollBrothers.com), today announced the closing of $160 million in construction financing through a newly formed joint venture between its Toll Brothers Apartment Living® rental subsidiary and GSLM Capital Partners, a venture of L+M Development Partners and Goldman Sachs Urban Investment Group. The financing will be used to develop Phase 1 of a 6.7-acre site in the heart of Washington, D.C., located at the nexus of NoMa, Mount Vernon Triangle and Shaw – three fast growing and vibrant neighborhoods northwest of Union Station. Phase 1 will bring 561 units, approximately 20% of which are affordable, one-acre of public open space and nearly 50,000 square feet of residential amenities.Citi Community Capital is providing a $160 million construction...

IBI Group Inc. Announces Redemption of 5.5% Convertible Unsecured Subordinated Debentures Due December 31, 2021 and Having a Conversion Price of $8.35 Per Common Share

Written by Customer Service on December 15, 2020. Posted in Public Companies.

TORONTO, Dec. 15, 2020 (GLOBE NEWSWIRE) — IBI Group Inc. (the “Company” or “IBI“) (TSX:IBG) announced today that the Company has sent a notice to CIBC Mellon Trust Company, as trustee under the trust indenture dated as of September 30, 2009 between the Company and CIBC Mellon Trust Company, that IBI will redeem the entire aggregate principal amount of $46,000,000 of its outstanding 5.5% convertible unsecured subordinated debentures due December 31, 2021 and having a conversion price of $8.35 per common share, which are listed for trading on the Toronto Stock Exchange under the symbol “IBG.DB.D” (the “Debentures“) in accordance with the terms of the Debentures.The Debentures will be redeemed on January 15, 2021 (the “Redemption Date“). The total redemption amount payable...

Day: December 15, 2020

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