Month: December 2020

DENVER, Dec. 02, 2020 (GLOBE NEWSWIRE) — StoneCastle Financial Corp. (Nasdaq: BANX) (“StoneCastle Financial” or the “Company”), an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a special cash distribution of $0.05 per share generated from excess income, and a regular cash distribution of $0.38 per share for the fourth quarter 2020. The total distribution of $0.43 per share will be payable on January 5, 2021 to shareholders of record on December 21, 2020.“This special distribution reflects the Company’s prudent investment strategy and our ability to generate income in excess of our regular quarterly dividend during 2020. It also reflects the seamless transition to StoneCastle-ArrowMark Asset Management and our continued commitment to creating...

TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Goliath Resources Limited (TSX-V: GOT) (FSE: B4IF) (OTCQB: GOTRF) (the “Company” or “Goliath”) is pleased to announce amended terms of the option agreement to earn a 100% interest in the Lucky Strike property (the “Property”).The requirements to make all future cash property payments totalling $719,313, incurring $14,000,000 of minimum work commitments and delivering a NI 43-101 technical report which would include any resources calculation of gold equivalent minerals delivered by December 31, 2027 to earn a 100% interest in the Property have been removed entirely.In their place, subject to TSXV approval, the Company will issue 1,300,000 shares and 1,300,000 warrants in order to immediately earn a 49% interest in the Property. The warrants will be priced at $0.22 for a 60 month period from...

VANCOUVER, British Columbia, Dec. 02, 2020 (GLOBE NEWSWIRE) — BC Craft Supply Co. Ltd. (the “Company” or “BC Craft”) (CSE: CRFT) (OTC:CRFTF) (FSE:ZZD1) is pleased to announce that it has acquired (the “Acquisition”) a 100% interest in Olympic View Botanicals Ltd. (“OVB”), a Vancouver Island, British Columbia based company. OVB is currently in the process of building an indoor micro cannabis cultivation facility, while it concurrently submits an application to Health Canada for a Micro Cultivation License (“MC License”).  As part of the application process for a MC License, Health Canada allows applicants to utilize a one-time declaration for cannabis genetics that will allow OVB to bring in highly sought after west coast genetics that the Canadian cannabis market has yet to experience.  OVB has signed a purchase and processing agreement...

CALGARY, Alberta, Dec. 02, 2020 (GLOBE NEWSWIRE) — Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE.BC) announces that its Board of Directors has approved a 2021 capital budget of $225 to $275 million, which is designed to generate free cash flow and average annual production of 73,000 to 77,000 boe/d.“We have re-set our business in response to a volatile crude oil market brought on by Covid-19 and are poised to deliver free cash flow and stable production in a US$40 to US$45 WTI environment. In 2021, we will benefit from our high graded development opportunities as well as our continued drive to improve cost structure and capital efficiencies. Our disciplined approach to capital allocation is focused on our high netback light oil assets in the Viking and Eagle Ford and will allow us to continue to pay down debt,” commented Ed LaFehr,...

CALGARY, Alberta, Dec. 02, 2020 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the December 2020 distribution of $0.10 per unit. The distribution will be paid on January 15, 2021 to unitholders of record on December 22, 2020. The ex-distribution date for this distribution is December 21, 2020.About Canoe EIT Income FundCanoe EIT Income Fund is one 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 symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Senior Vice President and Portfolio Manager, Canoe Financial.About Canoe FinancialCanoe Financial is one of Canada’s fastest growing independent...

CALGARY, Alberta, 02 déc. 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 décembre 2020. La distribution sera payée le 15 janvier 2021 aux porteurs de parts inscrits le 22 décembre 2020. La date ex-distribution connexe est le 21 décembre 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...

TORONTO, Dec. 02, 2020 (GLOBE NEWSWIRE) — Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture: NOT) today updated the metallurgical information for its Eagle’s Nest Mine Project and provided results from its 2020 drilling program.Metallurgical testing conducted by Expert Process Solutions (XPS), a GLENCORE company, demonstrated very good overall metallurgical performance of the Eagle’s Nest ore with strong indications of the production of high-quality marketable copper and nickel concentrates, low in magnesium oxide (MgO) at high metal recoveries. Locked cycle tests on a representative sample produced a bulk concentrate followed by separate nickel and copper concentrates with results shown in Table 1.Table 1: Summary results of bulk and separate Ni and Cu concentratesTo see an image of Table 1: Summary results of bulk...

All amounts in Canadian dollars unless otherwise stated.BROOKFIELD, NEWS, Dec. 02, 2020 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (“Brookfield Infrastructure”) (NYSE: BIP; TSX: BIP.UN) today announced that it has determined the fixed distribution rate on its Cumulative Class A Preferred Limited Partnership Units, Series 3 (“Series 3 Units”) (TSX: BIP.PR.B) for the five years commencing January 1, 2021 and ending December 31, 2025.Series 3 Units and Series 4 UnitsIf declared, the fixed quarterly distributions on the Series 3 Units during the five years commencing January 1, 2021 will be paid at an annual rate of 5.50% ($0.34375 per unit per quarter).Holders of Series 3 Units have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on December 16, 2020, to reclassify all or part of their...

Macquarie to acquire Waddell & Reed Financial, Inc. and upon closing sellWaddell & Reed’s wealth management business to LPL Financial for $300 millionLong-term partnership between LPL Financial and Macquarie will provide existingWaddell & Reed advisors and clients with continuity, as well as longer-term opportunities through partnership with a leading international asset managerSAN DIEGO, Dec. 02, 2020 (GLOBE NEWSWIRE) — LPL Financial Holdings Inc. (Nasdaq: LPLA) (“LPL Financial” or “LPL”), a leading U.S. retail investment advisory firm, independent broker-dealer, and registered investment advisor (RIA) custodian, today announced it has entered into an agreement with Macquarie Asset Management (“Macquarie”), the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), to acquire the wealth management business...