Month: December 2020

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESTORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — Hampton Financial Corporation (“Hampton” or the “Corporation”) (TSXV: HFC) (TSXV: HFC.PR.A) is pleased to announce that it has issued $2,000,000 principal amount of non-convertible promissory notes (the “Notes“) which were placed by Hampton’s agent, Terra Cotta Investment Counsel Inc. The issuance is part of a larger distribution of up to $5 million of Notes (the “Offering”).The Notes bear interest at 12% per annum, payable monthly in arrears, and have a one-year term which is extendible by Hampton for 90 days with 10 days’ notice prior to end of the term. Hampton has the right to redeem the Notes at any time within the 1 Year term.The net proceeds of the Offering may be used to enhance the regulatory...

TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), a leading new energy service provider in the People’s Republic of China (the ”PRC” or “China”) announces the granting of share options (the “Options”) pursuant to the stock option plan (the “Stock Option Plan”) and shares (the “Award Shares”) pursuant to the employee stock award plan (the “Employee Stock Award Plan”) of the Company. Both plans were most recently approved by shareholders of the Company (the “Shareholders”) at the Company’s annual general meeting of the Shareholders held on October 29, 2020, and are subject to TSX Venture Exchange approval. Options and Award Shares granted are in recognition of the grantees’ past contributions to the Group and to encourage share ownership...

TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — CF Energy Corp., (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), an energy provider in the People’s Republic of China (the ”PRC”), is pleased to announce the investor conference call on the results of the Group for the nine months ended September 30, 2020 (the “CF Energy Corp. 3Q 2020 Investor Conference Call”) as follows:TeleconferenceDate: Wednesday, December 23, 2020Time: 8:00 pm (EST)Topic: CF Energy Corp. 3Q 2020 Investor Conference CallJoin Zoom Meeting:https://us02web.zoom.us/j/7617421257?pwd=ZGtGL0d4bjVKeVFQTmNlZ3J6THlOQT09Meeting ID: 761-742-1257Passcode: E4GfTuAbout CF Energy Corp. (Formerly, Changfeng Energy Inc.)CF Energy Corp. is a Canadian public company currently traded on the Toronto Venture Exchange (“TSX-V”) under the stock symbol...

TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that its board of directors (the “Board”) has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on January 15, 2021 to holders of Common Shares of record on December 31, 2020.The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees.Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent...

VANCOUVER, British Columbia, Dec. 18, 2020 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (PGM:TSX-V, LSE:PUR) (“PureGold” or the “Company”), announces that is has granted 1,955,000 Incentive Stock Options to directors and certain employees, 975,000 Deferred Share Units (DSUs) to directors and 1,134,930 Restricted Share Units (RSUs) to certain employees pursuant to its Incentive Stock Option , DSU and RSU Plans.The Incentive Stock Options have an exercise price of $2.84 and have a range of vesting periods over three years and expire after five years.The RSU’s are payable in common shares of the Company on exercise, have a range of vesting periods over three years and must be redeemed by December 31, 2023, or they expire.The DSU’s vest immediately upon grant and are payable in common shares of the Company, upon the holder ceasing to be...

TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — As previously announced, on May 20, 2020, Constellation Software Inc. (“Constellation”) (TSX:CSU), acting through its TSS operating group and its subsidiary TPCS Holding B.V., entered into a binding agreement with IJssel B.V. to purchase 100% of the shares of Topicus.com B.V. (“Topicus”), a Netherlands-based diversified vertical market software provider. In connection with the anticipated closing of the acquisition and the subsequent public listing of the subordinate voting shares of Topicus.com Inc., TSS will be spun out of Constellation and will operate together with Topicus as a separate publicly traded company.Constellation announced today that it has filed and obtained a receipt for a final prospectus with the securities regulatory authorities in each of the provinces and territories...

KINGSTON, Ontario, Dec. 18, 2020 (GLOBE NEWSWIRE) — Focus Graphite Inc. (TSXV: FMS) (the “Company” or “Focus Graphite”) is pleased to announce that it has increased the gross proceeds for the flow-through portion of its previously announced non-brokered private placement of up to 10,000,000 units (“Flow-Through Units”) for gross proceeds of $500,000 (the “Initial Offering”). The Company has increased the Initial Offering to 20,000,000 Flow-Through Units at $0.05 per Flow-Through Unit for gross proceeds of up to $1,000,000 to accommodate investor demand (the “Offering”).Each Flow-Through Unit consists of one Common Share issued on a flow-through basis (a “Flow-Through Share”) and one Warrant. Each Warrant issued as part of the Flow-Through Unit will entitle the holder thereof to acquire one Common Share, which is not a Flow-Through...

Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — Automotive Finco Corp. (TSX-V: AFCC) (“AFCC” or the “Company”) is announcing today that it has called a special meeting of shareholders to be held on January 29, 2021 (the “Meeting”). At the Meeting, the board of directors of the Company (the “Board”) expects to present a special resolution to shareholders for their consideration and approval to authorize a reduction of the stated capital of AFCC’s common shares (the “Shares”) pursuant to subsection 38(1) of the Canada Business Corporations Act (the “Stated Capital Reduction”). AFCC believes that the reduction...

CALGARY, Alberta, Dec. 18, 2020 (GLOBE NEWSWIRE) — Prairie Provident Resources Inc. (“Prairie Provident” or the “Company”) announces that, at its annual meeting of shareholders held today, the six nominees set out in the Company’s information circular dated November 6, 2020 were elected as directors. Detailed voting results on the election of each nominee are set out below.About Prairie ProvidentPrairie Provident is a Calgary-based company engaged in the exploration and development of oil and natural gas properties in Alberta. The Company’s strategy is to grow organically in combination with accretive acquisitions of conventional oil prospects, which can be efficiently developed. Prairie Provident’s operations are primarily focused at the Princess and Michichi areas in Southern Alberta targeting the...