Avante Logixx Inc. Announces Expanded and More Flexible Banking Arrangements.

Written by Customer Service on June 30, 2021. Posted in Public Companies.

Not for distribution to U.S. news wire services or for dissemination in the United States TORONTO, June 30, 2021 (GLOBE NEWSWIRE) — Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) is pleased to announce that it has entered into a senior secured Credit Agreement with The Bank of Nova Scotia to replace the Company’s prior senior secured credit facilities and mortgage provided by another bank. The new credit agreement provides an $8,000,000 revolving credit facility, a $10,000,000 non-revolving term loan facility and a $3,000,000 delayed-draw non-revolving term loan credit facility, each with a three-year maturity date ending May 19, 2024. Interest rates and standby fees are subject to a leverage-ratio pricing grid. The revolving credit facility limit is subject to a borrowing base consisting of eligible accounts...

Celestica Named One of Canada’s Best 50 Corporate Citizens by Corporate Knights

Written by Customer Service on June 30, 2021. Posted in Public Companies.

TORONTO, June 30, 2021 (GLOBE NEWSWIRE) — Celestica Inc. (NYSE, TSX: CLS), a leader in design, manufacturing and supply chain solutions for the world’s most innovative companies, today announced that it has earned the 5th spot among Canada’s best corporate citizens in 2021 by Corporate Knights, an organization dedicated to encouraging responsible business practices. “We are making measurable and substantial progress as we continue to raise the bar for ourselves and work with others to drive meaningful change in the area of sustainability,” said Robert Ellis, Senior Vice President, Legal and Sustainability. “As a global company, we are uniquely positioned to leverage our expertise and resources to support our customers’ sustainability initiatives. We are committed to doing the right thing for the planet, our people and in...

Bombardier Announces Its Largest Business Jet Order of the Year – 10 Aircraft Worth $451.8 Million U.S.

Written by Customer Service on June 30, 2021. Posted in Public Companies.

Order unlocks new travel possibilities amid a growing demand for business aviation Bombardier’s family of class-leading business jets are ideal choices for those who prefer the comfort, convenience and peace of mind offered by business aviation MONTREAL, June 30, 2021 (GLOBE NEWSWIRE) — Bombardier is pleased to announce that it has received a firm order for 10 aircraft from an existing customer. For competitive reasons, the order mix will also remain undisclosed at this time. This agreement represents a total value of $451.8 million U.S., according to current list prices. “We are filled with pride as we announce the year’s largest business jet order,” said Éric Martel, President and Chief Executive Officer, Bombardier. “Our portfolio ideally responds to the growing interest in private aviation, with spacious, high-performing...

Cornish Metals Announces Amendments to Its By-Laws to Include Provisions Relating to Advance Notice and Notice-And-Access and Notice of Annual General Meeting

Written by Customer Service on June 30, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, June 30, 2021 (GLOBE NEWSWIRE) — Cornish Metals Inc. (TSX-V/AIM: CUSN) (“Cornish Metals” or the “Company”) is pleased to announce that effective today, the Board of Directors of the Company has approved certain amendments to its By-Law Number 1, as amended by certain amendments approved of by shareholders on January 15, 2018, to take effect as an amended and restated By-Law Number 1 (the “Amended and Restated By-Law”). The Amended and Restated By-Law includes provisions relating to advance notice of shareholder nominees for election of directors and provisions expressly allowing for delivery of notices, communications and documents to shareholders by electronic means and other means permitted by applicable Canadian securities laws. The Amended and Restated By-Law is effective immediately and remains...

InPlay Oil Corp. Announces Renewal of Credit Facility

Written by Customer Service on June 30, 2021. Posted in Public Companies.

CALGARY, Alberta, June 30, 2021 (GLOBE NEWSWIRE) — InPlay Oil Corp. (TSX: IPO) (OTCQX: IPOOF) (“InPlay” or the “Company”) is pleased to announce that the annual renewal of its syndicated Senior Credit Facility by its lenders has been completed on a fully conforming basis. InPlay’s Senior Credit Facility has been reconfirmed at $65 million, comprised of a $55 million revolving credit facility and a $10 million operating line of credit, with the maturity date being extended to May 30, 2022. The Senior Credit Facility has been amended to a fully conforming, revolving facility under substantially the same terms as our current revolving facility with the borrowing base next scheduled for semi-annual review by November 30, 2021 and annual review by May 31, 2022. InPlay is also pleased to announce that Export Development Canada (“EDC”)...

Titan Mining Announces Results of its Annual Shareholders’ Meeting

Written by Customer Service on June 30, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, June 30, 2021 (GLOBE NEWSWIRE) — Titan Mining Corporation (TSX: TI) (“Titan” or the “Company”) announces that all matters presented for approval at Titan’s annual meeting of shareholders held today, as more particularly set out in the Company’s Management Information Circular dated May 21, 2021, have been approved. These matters included: Setting the number of directors at six; Electing each of the Company’s six nominees as directors of the Company; Re-appointing PricewaterhouseCoopers LLP as auditors of the Company for the ensuing year and authorizing the directors to fix their remuneration; Approving the Company’s Stock Option Plan; Approving of the Company’s Restricted Share Unit Plan; and Amending the articles of the Company to allow for consolidations and subdivisions of the Company’s shares...

Horizon Bancorp, Inc. Announces Earnings Conference Call to Review Second Quarter 2021 Results on July 28

Written by Customer Service on June 30, 2021. Posted in Public Companies.

MICHIGAN CITY, Ind., June 30, 2021 (GLOBE NEWSWIRE) — (NASDAQ GS: HBNC) Horizon Bancorp, Inc. (“Horizon” or the “Company”) will host a conference call at 7:30 a.m. CT on Wednesday, July 28, 2021 to review its second quarter 2021 financial results. The Company’s second quarter 2021 news release will be released after markets close on Tuesday, July 27, 2021. It will be available in the “Investor Relations” section of the Company’s website, www.horizonbank.com. Participants may access the live conference call on July 28, 2021 at 7:30 a.m. CT (8:30 a.m. ET) by dialing 877-317-6789 from the United States, 866-450-4696 from Canada or 412-317-6789 from international locations and requesting the “Horizon Bancorp Call.” Please dial in approximately 10 minutes prior to the call. A telephone replay of the call will be available approximately...

IHC Announces the Completion of the Sale of Its Controlling Interest in PetPartners, Inc.

Written by Customer Service on June 30, 2021. Posted in Mergers And Acquisitions.

STAMFORD, Conn., June 30, 2021 (GLOBE NEWSWIRE) — Independence Holding Company (NYSE: IHC) today announced that it has completed the sale of its 85% interest in PetPartners, Inc. (“PPI”) to Iguana Capital, Inc. (“Iguana Capital”), an investment company specifically formed to facilitate this transaction. As previously announced on May 17, 2021, IHC and its subsidiaries agreed to sell to Iguana Capital a controlling interest in IHC’s pet division, through IHC’s 85% interest in PPI and all of the stock of Independence American Holdings Corp. (“IAHC”), which owns all of the stock of Independence American Insurance Company (“Independence American”). The transaction was structured as two separate purchase agreements with independent conditions and closing dates. In aggregate for both deals, IHC will receive 70% of the consideration in...

Nova Leap Health Corp. to Force Conversion of 8% Convertible Debentures due January 16, 2025

Written by Customer Service on June 30, 2021. Posted in Public Companies.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, June 30, 2021 (GLOBE NEWSWIRE) — NOVA LEAP HEALTH CORP. (TSXV: NLH) (“Nova Leap” or “the Company”), a home health care organization ranked #2 on the 2020 Report on Business ranking of Canada’s Top Growing Companies, is pleased to announce that it has provided notice to holders of the Company’s 8.0% unsecured subordinated convertible debentures due January 16, 2025 with a principal amount of CAD$215,000 (the “Debentures”) that Nova Leap will be exercising its option to convert the entire principal amount of Debentures outstanding into common shares of the Company (“Common Shares”) at a conversion price of CAD$0.52 (the “Forced Conversion”). Earlier in June, CAD$541,000 of the debentures due January 16, 2025 were voluntarily...

Ensysce Biosciences Announces Closing of Merger

Written by Customer Service on June 30, 2021. Posted in Mergers And Acquisitions.

Ensysce Common Stock to commence trading under ticker symbol “ENSC” on The Nasdaq Capital Market July 1, 2021. Ensysce Warrants will trade on the OTC Markets under the symbol ENSCW. Ensysce is committed to its mission of reducing the economic and social impact of prescription drug abuse through its TAAP and MPAR technology platforms. Ensysce’s PF614 with Fast Track Status, and PF614-MPAR, both designed to reduce abuse and overdose potential of oxycodone, are entering mid stage clinical development in 2021. Ensysce expects to launch its TAAP opioid products as a new class of pain products for severe pain. SAN DIEGO, June 30, 2021 (GLOBE NEWSWIRE) — Ensysce Biosciences, Inc. (“Ensysce” or the “Company”) (NASDAQ: ENSC) (OTC: ENSCW) today announced that it has closed its previously announced merger with Leisure...

Month: June 2021

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