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Year: 2020

Knight Announces Filing of Final Base Shelf Prospectus

MONTREAL, Dec. 23, 2020 (GLOBE NEWSWIRE) — Knight Therapeutics Inc. (TSX: GUD) (“Knight”) today has filed and has obtained a receipt for a (final) short form base shelf prospectus (the “Shelf Prospectus”). The Shelf Prospectus was filed with the securities regulatory authorities in each of the provinces of Canada and enables Knight to offer for sale and issue up to $360 million of common shares of Knight (“Common Shares”), subscription receipts of Knight (the “Subscription Receipts”) and debt securities of Knight (the “Debt Securities”, and collectively with the Common Shares and the Subscription Receipts, the “Securities”) from time to time during the 25-month period during which the Shelf Prospectus remains valid. The specific variable terms of any offering of Common Shares, Subscription Receipts or Debt Securities will be set...

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Knight annonce le dépôt d’un prospectus préalable de base simplifié final

MONTRÉAL, 23 déc. 2020 (GLOBE NEWSWIRE) — Thérapeutique Knight inc. (TSX : GUD) (« Knight ») a déposé et obtenu aujourd’hui un reçu pour un prospectus préalable de base simplifié (final) (« prospectus préalable »). Le prospectus préalable a été déposé auprès des autorités de réglementation des valeurs mobilières de chacune des provinces canadiennes et permet à Knight de mettre en vente et d’émettre jusqu’à 360 millions $ d’actions ordinaires de Knight (« actions ordinaires »), de reçus de souscription de Knight (les « reçus de souscription »), et de titres de créance de Knight (les « titres de créance », et collectivement avec les actions ordinaires et les reçus de souscription, les « titres ») de temps à autre au cours de la période de 25 mois durant laquelle le prospectus préalable demeure valide. Les conditions variables spécifiques...

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Ayr Strategies Completes Acquisition of CannTech in Pennsylvania

TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) — Ayr Strategies (CSE: AYR.A, OTCQX: AYRWF, “Ayr” or “the Company”), a leading vertically integrated cannabis multi-state operator, today announced it has closed on the purchase of 100% of the membership interests of CannTech PA (“CannTech”).As previously announced, the total purchase consideration of US$57.4 million consisted of US$27.2 million in cash, US$15.0 million in exchangeable shares, each of which would be exchangeable for a subordinate voting share, and US$15.2 million in seller’s notes.This acquisition includes a 143,000 sq. ft. cultivation and processing facility on 13 acres. The first phase of the planned build-out of the facility is complete and approved for cultivation. CannTech’s license permits up to six dispensary locations in Pennsylvania, including the recently announced...

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Afya Limited Announces Share Buyback Program

NOVA LIMA, Brazil and MINAS GERAIS, Brazil, Dec. 23, 2020 (GLOBE NEWSWIRE) — Afya Limited, or Afya (Nasdaq: AFYA), today announced that its Board of Directors has approved a share buyback program. Under the share buyback program, Afya may repurchase up to 1,015,844 of its outstanding Class A common shares in the open market, based on prevailing market prices, or in privately negotiated transactions, over a period beginning on December 24, 2020 continuing until the earlier of the completion of the repurchase or December 31, 2021, depending upon market conditions.The share repurchases may be made from time to time through open market transactions and are subject to market and business conditions, levels of available liquidity, cash requirements for other purposes, regulatory, and other relevant factors.The share buyback program will...

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Gowest Gold Closes Second Tranche of Private Placement of Flow-Through Units

Not for distribution to United States newswire services or for dissemination in the United StatesTORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) — Gowest Gold Ltd. (“Gowest” or the “Company”) (TSX VENTURE: GWA) announced today that it has completed the second tranche of a private placement, on a non-brokered basis, of 333,423 flow-through units of the Company (the “FT Units”), at a price of $0.39 per FT Unit, for gross proceeds of $130,035 (the “Private Placement”). Each FT Unit comprised one common share and one-half (1/2) of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”) issued on a flow-through basis, with each Warrant being exercisable to acquire one common share of the Company at a price of $0.45 until December 31, 2022. The common shares underlying the Warrants will not be issued as flow-through...

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Sintana Energy Inc. Grants Incentive Stock Options and Restricted Share Units

TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) — Sintana Energy Inc. (TSX-V: SEI) (“Sintana” or the “Company”) reports that its Board of Directors has approved grants of a total of 2,150,000 incentive common stock options to several directors and officers of the Company, plus five consultants. The options have an exercise price of $0.10, vest in three equal tranches over the next 24 months and expire on December 18, 2025. These grants partially replace 3,550,000 options awarded in 2015 that expired unexercised on November 5, 2020.The Company also approved grants to four officers and three directors of an aggregate of 1,950,000 restricted share units that will vest on January 4, 2021, and which have an expiry date of December 31, 2023.The Company is also pleased to announce that all matters tabled at its annual and special shareholders...

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Apollo-Led Consortium to Acquire 49.9 Percent Interest in Anheuser-Busch InBev’s US-Based Metal Container Plants

NEW YORK, Dec. 23, 2020 (GLOBE NEWSWIRE) — Apollo Global Management, Inc. (NYSE: APO ) today announced that accounts and entities advised by Apollo and its subsidiaries (collectively “Apollo”) and a group of institutional investors have entered into a strategic relationship with Anheuser-Busch InBev SA/NV (Euronext: ABI) (NYSE: BUD) (MEXBOL: ANB) (JSE: ANH) (“AB InBev”) to acquire a 49.9% stake in Anheuser-Busch InBev’s US-based metal container plants for approximately 3 billion USD. This transaction, once completed, will allow AB InBev to create additional shareholder value by optimizing its business at an attractive price and generate proceeds to repay debt, in line with its deleveraging commitments.For Apollo, the transaction presents a unique opportunity to invest in high-quality assets with long-term, stable cashflows alongside...

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StoneMor Inc. Announces Compliance With NYSE Listing Standards

TREVOSE, Pa., Dec. 23, 2020 (GLOBE NEWSWIRE) — StoneMor Inc. (NYSE: STON) (“StoneMor” or the “Company”), a leading owner and operator of cemeteries and funeral homes, announced today that it received notification from the New York Stock Exchange (“NYSE”) on December 23, 2020 that the Company has regained compliance with the NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period. The Company also remains in compliance with all other NYSE continued listing standard rules.As of December 23, 2020, the last day of the Company’s cure period for compliance with the minimum price condition, StoneMor had a closing share price of $2.58 and an average closing share price of $1.495 over the preceding 30 trading-day period.About...

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Tucson Electric Power reçoit la décision concernant sa requête de majoration tarifaire générale

ST. JOHN’S, Terre-Neuve-et-Labrador, 23 déc. 2020 (GLOBE NEWSWIRE) — Fortis Inc. (« Fortis » ou « la Société ») (TSX/NYSE : FTS) a annoncé aujourd’hui que l’Arizona Corporation Commission (« l’ACC ») a approuvé de nouveaux taux en réponse à la requête de majoration tarifaire générale de Tucson Electric Power (« TEP ») à compter du 1er janvier 2021.L’ACC a approuvé une base tarifaire de 2,7 milliards de dollars américains, y compris une part d’environ 1,2 milliard investie depuis la dernière ordonnance tarifaire. L’ACC a aussi approuvé un rendement des capitaux propres autorisé de 9,15 % (contre 9,75 % auparavant) et une structure du capital prévoyant 53 % de capitaux propres (contre 50 % auparavant). Cette décision prend en compte le rendement de 0,20 % de l’écart d’évaluation.TEP travaille à mettre à niveau son réseau de transmission...

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3 Sixty – Letter to Stakeholders

ALMONTE, Ontario, Dec. 23, 2020 (GLOBE NEWSWIRE) — 3 Sixty Risk Solutions Ltd. (“3 Sixty” or the “Company”) (CSE: SAFE) (OTCQB: SAYFF) (FSE: 62P2) is pleased to provide an update regarding its business and operations to company stakeholders.Dear Stakeholders of 3 Sixty Risk Solutions Ltd.:Please let me introduce myself: my name is David Beck. I am the Chairman of the Board of Directors (BOD) at 3 Sixty Risk Solutions Ltd. (‘3 Sixty’). I am writing this letter to all company stakeholders as an extension of, and further to a press release dated November 23, 2020 entitled ‘Business Update’. In April 2020, I joined the 3 Sixty BOD and was subsequently appointed to Chairman in September. While my priority and statutory duty is to work to the benefit of all stakeholders of 3 Sixty, with 16.2 million shares, I am also the second largest...

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