Month: June 2021

Nexus REIT Announces Entering Into Purchase and Sale Agreement and Annual Meeting Voting Results

Nexus REIT Announces Entering Into Purchase and Sale Agreement and Annual Meeting Voting Results

TORONTO and MONTREAL, June 30, 2021 (GLOBE NEWSWIRE) — Nexus Real Estate Investment Trust (the “REIT”) (TSX: NXR.UN) announced today that it has entered into a conditional agreement to acquire a 189,625 square foot single-tenant industrial warehouse property in Red Deer, Alberta for $19.75MM. Subject to satisfactory completion of due diligence, the acquisition is expected to close in early September, and to be funded with a combination of proceeds of new mortgage financing, cash on hand and funds available to be drawn on the REIT’s credit facilities. “We continue to march forward towards our goal of becoming a pure play industrial REIT” commented Kelly Hanczyk, the REIT’s Chief Executive Officer. “On completion of this and our other announced transactions, we will have surpassed $300 million of industrial acquisitions...

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Vinci Partners Urban Commercial Properties’ Listed REIT (VIUR) Announces Full Deployment of Previous Capital Raise

Vinci Partners Urban Commercial Properties’ Listed REIT (VIUR) Announces Full Deployment of Previous Capital Raise

RIO DE JANEIRO, Brazil, June 30, 2021 (GLOBE NEWSWIRE) — Vinci Partners Investments Ltd. (NASDAQ: VINP) (“Vinci Partners,” “the Company,” “we,” “us,” or “our”), the controlling company of a leading alternative investment platform in Brazil, announced today that Vinci Imóveis Urbanos FII (VIUR11), a listed REIT managed by Vinci Partners’ Real Estate segment, committed to its final acquisition from the proceeds of its initial public offering (“IPO”), closed in May 2021. VIUR is a perpetual capital listed REIT, focused on income generation to its quotaholders through the acquisition of urban commercial properties in Brazil, including properties focused on street retail, grocery, healthcare, and educational activities. Since the IPO, the fund has announced five transactions,...

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Black Hills Corp. Electric Utilities File Long-term Integrated Resource Plan

Black Hills Corp. Electric Utilities File Long-term Integrated Resource Plan

RAPID CITY, S.D., June 30, 2021 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced that its South Dakota Electric and Wyoming Electric utilities filed a 2021 Integrated Resource Plan for their two electric systems. The IRP, the result of a comprehensive data analysis and stakeholder input process, outlines a range of options for the two electric utilities over a 20-year planning horizon to meet long-term forecasted energy needs while strengthening reliability and resiliency of the grid. The analysis focused on the least-cost resource needs to best meet customers’ future peak energy needs while maintaining system flexibility and achieving the company’s generation emissions reduction goals. The plan’s preferred options for the near-term planning period through 2026 propose the addition of 100 megawatts of renewable...

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Steppe Gold Announces Results of Annual General Meeting of Shareholders

Steppe Gold Announces Results of Annual General Meeting of Shareholders

ULAANBAATAR, Mongolia, June 30, 2021 (GLOBE NEWSWIRE) — Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (“Steppe Gold” or the “Company”) is pleased to report the results of its 2021 Annual General Meeting of Shareholders held on June 30, 2021 in Ulaanbaatar, Mongolia. A total of 32,400,465 common shares were voted at the meeting representing 47.35% of the votes attached to all outstanding shares. Election of Directors Detailed results from the election of directors are set out below: Nominee Votes For % For Votes Withheld % Withheld Batjargal Zamba 21,380,544 81.15% 4,965,200 18.85% Jargalan Sereenen 21,380,044 81.15% 4,965,700 18.85% Patrick Michaels 21,380,544 81.15% 4,965,200 18.85% Bataa Tumur-Ochir 21,380,044 81.15% 4,965,700 18.85% Aneel Waraich 19,925,958 75.63% 6,419,786 24.37% Matthew Wood 19,679,948 74.70% 6,665,796 25.30% Steve...

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Ayurcann Holdings Corp. Announces Option and RSU Grants

Ayurcann Holdings Corp. Announces Option and RSU Grants

TORONTO, June 30, 2021 (GLOBE NEWSWIRE) — Ayurcann Holdings Corp. (CSE: AYUR) (the “Company”) is pleased to announce the grant of stock options (each an “Option”) and restricted share units (each an “RSU”) pursuant to the Company’s stock option plan and restricted share unit plan, respectively. The Company has granted an aggregate of 705,000 Options and an aggregate of 1,098,682 RSUs to certain directors, officers, employees and consultants of the Company. 75,000 of the Options are exercisable at a price of $0.205 per Option, 230,000 Options are exercisable at a price of $0.38 per Option and the remaining 400,000 Options are exercisable at a price of $0.28 per Option. The Options granted vest in four months and expire on June 30, 2023. Each Option is exercisable to purchase one common share in the capital of the Company. With the...

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Avicanna Financial Statement Update

Avicanna Financial Statement Update

TORONTO, June 30, 2021 (GLOBE NEWSWIRE) — Avicanna Inc. (the “Company” or “Avicanna”) (TSX: AVCN) announced today that the Company’s audit is ongoing and it expects to file the following periodic disclosure documents (collectively, the “Documents”) within the next sixty to seventy-five days: audited annual financial statements for the year ended December 31, 2020; management’s discussion and analysis relating to the audited annual financial statements for the year ended December 31, 2020; annual information form for the year ended December 31, 2020; interim financial statements for the period ended March 31, 2021; management’s discussion and analysis relating to the interim financial statements for the period ended March 31, 2021; and interim financial statements for the period ended June 30, 2021; management’s discussion and...

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<div>L Brands Announces Pricing of Upsized $600 Million Offering of 4.625% Senior Notes Due 2029 and $400 Million Term Loan Credit Facility by Its Spin-Off Subsidiary, Victoria’s Secret & Co.</div>

L Brands Announces Pricing of Upsized $600 Million Offering of 4.625% Senior Notes Due 2029 and $400 Million Term Loan Credit Facility by Its Spin-Off Subsidiary, Victoria’s Secret & Co.

COLUMBUS, Ohio, June 30, 2021 (GLOBE NEWSWIRE) — L Brands, Inc. (“L Brands”) (NYSE: LB) announced today that the previously announced offering by its subsidiary, Victoria’s Secret & Co. (“Victoria’s Secret”), of $500 million aggregate principal amount of senior notes due 2029 (the “Notes”) was upsized to an aggregate principal amount of $600 million and priced with a coupon of 4.625% in a private placement offering to eligible purchasers. The initial offering price of the Notes to investors will be 100% of their principal amount. Additionally, L Brands announced today that the previously announced syndication by Victoria’s Secret of term loans in an aggregate principal amount $400 million (the “Term Loan Facility”) has allocated with an initial margin of LIBOR (with a LIBOR floor of 0.50%) plus 3.25%. The Term Loan Facility...

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Raycom Sports Launches Origin Sports Network on The Roku Channel in Canada and XUMO in the United States

Raycom Sports Launches Origin Sports Network on The Roku Channel in Canada and XUMO in the United States

Streaming Network Offers Fans the Biggest Stars in Sports with Combination of Nostalgic Throwback Content and Original Programming, Leveraging Raycom’s Archive of Iconic Sports Video and Production Expertise CHARLOTTE, N.C., June 30, 2021 (GLOBE NEWSWIRE) — Origin Sports Network, the new OTT network powered by Gray Television’s Raycom Sports, is now live on The Roku® Channel in Canada and on XUMO (Ch. 713) in the United States, along with YouTube, Facebook, Twitter and Instagram. Leveraging Raycom’s more than four decades of award-winning production expertise, Origin Sports is a 24/7 linear streaming network bringing viewers unique content featuring Hall of Famers, All-Americans, All-Stars, No. 1 picks and National Champions before they became household names. Origin Sports will serve as a destination for iconic buzzer-beaters,...

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<div>Brown & Brown, Inc. Announces 2021 Second-Quarter Earnings Release and Conference Call Dates</div>

Brown & Brown, Inc. Announces 2021 Second-Quarter Earnings Release and Conference Call Dates

DAYTONA BEACH, Fla., June 30, 2021 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE: BRO) announces that it will release its 2021 second-quarter earnings on Monday, July 26, 2021, after the close of the market.   On Tuesday, July 27, 2021, J. Powell Brown, President and Chief Executive Officer, and R. Andrew Watts, Executive Vice President and Chief Financial Officer of Brown & Brown, Inc., will host an investor update conference call concerning Brown & Brown’s second-quarter 2021 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown’s Internet site at 8:00 a.m. EDT. Simply log on to www.bbinsurance.com and click on “Investor Relations” and then “Calendar of Events.” If you are unable to listen during the live webcast, audio from...

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LGI Homes Opens New Community North of Seattle

LGI Homes Opens New Community North of Seattle

Cedar Hill Estates features single-family homes and townhomes located in Stanwood; priced from the $500s The Fox plan by LGI Homes at Cedar Hill Estates features 3 bedrooms, 2.5 baths, 1,800 square feet. LGI Homes offers move-in ready homes for sale near Everett at Cedar Hill Estates; priced from the $500s. SEATTLE, June 30, 2021 (GLOBE NEWSWIRE) — LGI Homes, Inc. (NASDAQ: LGIH) announced today the grand opening of its newest community near Seattle, Cedar Hill Estates, where the builder will construct 78 homes. Located in Stanwood, a desirable location in northwest Snohomish County near I-5 and WA-532, Cedar Hill Estates positions homeowners for easy access to major employers such as Boeing and Providence Medical Center, as well as popular attractions including Kayak Regional County Park, Seattle Premium Outlets...

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