Month: September 2021

Transformational transaction creates premier Canadian resort portfolio with enhanced real estate development opportunity TORONTO, Sept. 20, 2021 (GLOBE NEWSWIRE) — Skyline Investments Inc. (TASE: SKLN, “Skyline” or the “Company”) is pleased to announce that it has entered into two definitive agreements of purchase and sale (the “Transaction”) with Freed Corp. (“Freed”) for the sale of a 100% interest in its Canadian resort assets and surrounding development lands at Deerhurst Resort (“Deerhurst”) and Horseshoe Valley Resort (“Horseshoe”) as well as all of its remaining development lands at Blue Mountain Resort (“Blue Mountain”) (collectively the “Assets”) for an aggregate purchase price of $210 million. The purchase price represents approximately a $30 million premium to Skyline’s IFRS book value as at June 30, 2021. Freed, through...

MICHIGAN CITY, Ind., Sept. 20, 2021 (GLOBE NEWSWIRE) — Horizon Bank, a wholly owned subsidiary of Horizon Bancorp, Inc. (NASDAQ GS: HBNC) (“Horizon”), announced the completion of its previously announced acquisition of 14 branches in 11 Michigan counties. The acquisition of the 14 branches and associated deposits and loans from TCF National Bank, now The Huntington National Bank, adds mass and scale to Horizon’s Midland market and extends its footprint into attractive markets in the northern and central regions of Michigan’s Lower Peninsula. “We are thrilled to welcome our newest employees and customers to Horizon Bank and look forward to serving growing numbers of consumers, small businesses, non-profits, and municipalities through our expanded Midwest footprint and this natural extension of our low-cost deposit franchise,” Chairman...

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES HALIFAX, Nova Scotia, Sept. 20, 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 completed the acquisition of an Oklahoma home care business. The execution of the definitive agreement and related information pertaining to this acquisition was previously announced on August 4, 2021. “We have had a great experience since first entering Oklahoma late 2019,” said Chris Dobbin, President & CEO of Nova Leap. “This acquisition furthers our commitment to the state and the greater South Central region, where we expect to make further investments.” About Nova...

PHOENIX, Sept. 20, 2021 (GLOBE NEWSWIRE) — WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced that it closed the acquisitions of American Mobile Leasing, Inc., Equipe Container Services, Inc. d/b/a Moveable Container Storage (MCS), and Saf-T-Box, LP. The transactions were funded with cash on hand and borrowings under the Company’s revolving credit agreement. Combined, these acquisitions add about 11,000 storage units in the Company’s existing U.S. markets. Brad Soultz, Chief Executive Officer, commented, “We are excited to welcome the employees of American Mobile Leasing, Equipe, and Saf-T-Box to the WillScot Mobile Mini family. Each company is a highly respected peer and strengthens our position in...

Newest Addition to Further Expand Generac’s Suite of Energy Management and Monitoring Solutions WAUKESHA, Wis., Sept. 20, 2021 (GLOBE NEWSWIRE) — Generac Holdings Inc. (NYSE: GNRC) (“Generac” or the “Company”), a leading global designer and manufacturer of energy technology solutions and other power products, today announced the signing of a purchase agreement to acquire the shares of Tank Utility, Inc. (“Tank Utility”), a provider of IoT propane tank monitoring that enables the optimization of propane fuel logistics. The deal further expands Generac’s connectivity functionality and services with sophisticated remote monitoring capabilities for propane. “As an early minority investor in the company for the last five years, Generac has been impressed by the growth of the Tank Utility business,” said Kyle Raabe, executive vice president...

VANCOUVER, British Columbia, Sept. 20, 2021 (GLOBE NEWSWIRE) — Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (the “Company” or “Pegasus”) is pleased to report that it is reviewing a number of uranium assets located in and near the prolific Athabasca Basin of Northern Saskatchewan. Charles Desjardins, CEO of Pegasus notes “In recent weeks the spot price of uranium has improved dramatically, providing impetus for the evaluation of a number of assets the company either previously examined prior to the sale of its last uranium assets to Rio Tinto in 2018, or which are new to the company.” About Pegasus Resources Inc.Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on zinc and base metal properties in North America. The Company is also actively pursuing...