Day: February 26, 2021

Not for distribution in the United States or through United States wire services.TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — CHAR Technologies Ltd. (“CHAR”) (YES – TSXV) announces that the Annual and Special Meeting of Shareholder (the “Meeting”) is scheduled for March 30th, 2021. Shareholders will have the ability to listen to the Meeting via live teleconference or online access. To proactively manage the unprecedented public health impact of the ongoing coronavirus pandemic (also known as “COVID-19”), shareholders are strongly encouraged not to attend the Meeting, but to instead vote by proxy in advance of the meeting and listen to the Meeting through live teleconference or web access. Teleconference and web access information is detailed in the Management Information Circular.Management proposes the re-election of incumbent directors...

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that, on March 28, 2021, it is redeeming all of its outstanding 5.84% senior notes due October 14, 2022 (the “2022 Notes”) at a redemption price of 106.999% of the principal amount of the 2022 Notes plus accrued and unpaid interest, if any. There is C$446 million principal amount of 2022 Notes currently outstanding.Fairfax also announces that, on March 28, 2021, it is redeeming all of its outstanding 4.50% senior notes due March 22, 2023 (the “2023 Notes”) at a redemption price of 106.456% of the principal amount of the 2023 Notes plus accrued and unpaid interest, if any. There is C$400 million principal amount of 2023 Notes currently outstanding.Questions regarding the redemptions of the 2022 Notes and the 2023...

LAS VEGAS and VANCOUVER, British Columbia, Feb. 26, 2021 (GLOBE NEWSWIRE) — TAAT™ LIFESTYLE & WELLNESS LTD. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) (the “Company” or “TAAT™”) has entered into a memorandum of understanding (“MOU”) dated February 24, 2021 with Christina Lake Cannabis Corp. (“CLC”) (CSE: CLC) to develop and distribute TAAT™ for the Canadian market. The MOU grants CLC exclusive rights to develop and distribute TAAT™ in Canada for a two-year renewable term, and provides for budgets, schedules, and contributions of both parties for each stage of product development to be agreed upon by way of written agreements to set out specific stipulations for each stage. After launching TAAT™ in Ohio in Q4 2020 as well as its U.S. online store on February 17, 2021, the Company has captured the interest of numerous smokers...

TORONTO, Feb. 26, 2021 (GLOBE NEWSWIRE) — POCML 5 Inc. (TSXV: PCML.P) (the “Company” or “POCML5”) is pleased to announced that, further to its news releases dated November 30, 2020 and January 21, 2021 announcing the proposed business combination whereby POCML5 will acquire 100% of the issued and outstanding securities of Collective Mining Inc. (“Collective”), with such transaction constituting the “Qualifying Transaction” of POCML5 under the policies of the TSX Venture Exchange (“TSXV”) (the “Proposed Transaction”), each of POCML5 and Collective have completed tranche one of their previously announced non-brokered private placements to raise aggregate gross proceeds of $14,000,000 through the sale of: (i) 12,775,000 subscription receipts of Collective (the “Collective Subscription Receipts”) at an issue price of $1.00 per Collective...

BOUCHERVILLE, Quebec, Feb. 26, 2021 (GLOBE NEWSWIRE) — Colabor Group Inc. (TSX: GCL, GCL.DB.A) (“Colabor” or the “Company”) reports its results for the fourth quarter and the fiscal year ended December 26, 2020.Fourth Quarter 2020 Financial Highlights and Recent Events:Sales decreased by 30.9% to $133.3 million, compared to $192.9 million for the fourth quarter of 2019, mainly explained by the mandatory closure of restaurant dining rooms in Quebec as of October 1st resulting from the pandemic and the termination of a contract in Specialized distribution activities since the first quarter of 2020;Net earnings from continuing operations declined to $0.6 million compared to $1.9 million for the corresponding period of 2019;Adjusted EBITDA(1) decreased to $7.5 million from $8.2 million for the corresponding period of 2019. Adjusted...

BOUCHERVILLE, Québec, 26 févr. 2021 (GLOBE NEWSWIRE) — Groupe Colabor Inc. (TSX : GCL, GCL.DB.A) (« Colabor » ou la « Société »), divulgue ses résultats pour le quatrième trimestre et l’exercice financier terminé le 26 décembre 2020.Faits saillants financiers du quatrième trimestre de 2020 et événements récents :Diminution des ventes de l’ordre de 30,9 % à 133,3 millions $ comparativement à 192,9 millions $ lors du quatrième trimestre de 2019 en raison de la fermeture obligatoire des salles à manger des restaurants au Québec à compter du 1er octobre résultant de la pandémie et de la fin d’un contrat dans les activités de Distribution spécialisée depuis le premier trimestre de 2020;Diminution du résultat net lié aux activités poursuivies à 0,6 million $ comparativement à 1,9 million $ lors de la période correspondante...

VANCOUVER, British Columbia, Feb. 26, 2021 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE:CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) is pleased to announce that it has entered into a memorandum of understanding (“MOU”) with TAAT™ Lifestyle & Wellness Ltd. (“TAAT™”) (CSE: TAAT) dated February 24, 2021 in which CLC is to develop and distribute the TAAT™ nicotine-free and tobacco-free alternative to tobacco cigarettes for the Canadian market. The MOU grants CLC exclusive rights to develop and distribute TAAT™ in Canada for a two-year renewable term, and provides for budgets, schedules, and contributions of both parties for each stage of product development to be agreed upon by way of written agreements to set out specific stipulations for each stage. After TAAT™ was first...

WEST PALM BEACH, Fla., Feb. 26, 2021 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced that its subsidiary PHH Mortgage Corporation (“PMC”) priced $400 million aggregate principal amount of 7.875% Senior Secured Notes due 2026 (the “Notes”) at a price to investors of 99.486% of the principal amount thereof. The Notes will be guaranteed on a senior secured basis by the Company and PHH Corporation, the parent company of PMC and subsidiary of the Company (“PHH”).The issuance and sale of the Notes is expected to close on March 4, 2021, subject to customary closing conditions. The net proceeds from the Notes will be used, together with the net proceeds from the Company’s previously announced private placement of $199.5 million aggregate...

FORT LAUDERDALE, Fla., Feb. 26, 2021 (GLOBE NEWSWIRE) — LMP Automotive Holdings, Inc. (NASDAQ: LMPX) (the “Company” or “LMP”), an e-commerce and facilities-based platform for consumers who desire to buy, sell, subscribe to or finance pre-owned and new automobiles, today announced that it has closed its previously announced private placement to a group of institutional investors (the “Investors”), which resulted in gross proceeds to LMP of approximately $20 million, before deducting offering expenses. LMP intends to use the net proceeds to drive growth, including closing on its Stage 1 Acquisitions, which are expected to begin closings in the first week of March, and for working capital purposes.ThinkEquity, a division of Fordham Financial Management, Inc., acted as sole placement agent for the offering.LMP issued and sold...

CALGARY, Alberta, Feb. 26, 2021 (GLOBE NEWSWIRE) — Eguana Technologies Inc. (“Eguana” or the “Company”) (TSX.V: EGT) (OTCQB: EGTYF) will post its financial results for the first quarter of 2021 after close of market on March 1, 2021. Eguana management will host a conference call on Monday March 1st, at 5:00 p.m. eastern time (EST) to discuss the quarter results, provide a business update, and hold a live question and answer period. Registration in advance is required.CONFERENCE CALL DETAILSDate: March 1, 2021Time: 5:00 PM ESTTelephone Access:Canada:+1 438 809 7799 or +1 587 328 1099 or +1 647 374 4685 or +1 647 558 0588 or +1 778 907 2071 or 1-855-703-8985US:+1 253 215 8782 or +1 301 715 8592 or +1 312 626 6799 or +1 346 248 7799 or +1 646 558 8656 or +1 669 900 9128 or 1-877-853-5257To Register in Advance:https://zoom.us/meeting/register/tJcrf-GorjwuEtDPReqeAN5WPZ7LRXC8fKh8To...