Day: October 1, 2021

Cordy Oilfield Services Announces Appointment of Mark Hopper as Chief Financial Officer

Cordy Oilfield Services Announces Appointment of Mark Hopper as Chief Financial Officer

CALGARY, Alberta, Oct. 01, 2021 (GLOBE NEWSWIRE) — CORDY OILFIELD SERVICES INC. (the “Corporation” or “Cordy”) (CKK: TSX-V) is pleased to announce that Mark Hopper will join Cordy as its Chief Financial Officer effective October 2, 2021. Mr. Hopper is a Chartered Professional Accountant with considerable expertise in financial management of various energy companies. Prior to joining Cordy, Mr. Hopper served as the VP Finance and Chief Financial Officer of a private energy company which provides water management systems in both Canada and the United States. “We are pleased to have Mr. Hopper join Cordy as its new Chief Financial Officer,” stated Cordy’s Chief Executive Officer, Darrick Evong. “We believe his extensive accounting and business experience bolster’s Cordy’s management team and we look forward to his insight and expertise...

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Ayr Wellness Inc. Announces Commencement of Noteholder Consent Solicitation

Ayr Wellness Inc. Announces Commencement of Noteholder Consent Solicitation

MIAMI, Oct. 01, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTC: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated cannabis multi-state operator, today announced that it has called for a meeting (the “Meeting”) of holders (“Noteholders”) of its 12.5% senior secured notes due 2024 ( the “Notes”), and commenced the solicitation of consents and proxies (the “Consent Solicitation”), to consider an amendment to the trust indenture governing the Notes. The Meeting is scheduled to be held as a virtual-only meeting on October 26, 2021 at 11:00 a.m. (Toronto time), and the record date for determining Noteholders entitled to vote at the Meeting has been set as 5:00 p.m. (Toronto time) on September 28, 2021. If Noteholders representing at least a majority of the principal amount of the outstanding Notes deliver valid...

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Grayscale® Digital Large Cap Fund and Grayscale® DeFi Fund Announce Quarterly Rebalancing of Funds

Grayscale® Digital Large Cap Fund and Grayscale® DeFi Fund Announce Quarterly Rebalancing of Funds

Smart contract platform Solana and decentralized exchange Uniswap have been added to the Grayscale Digital Large Cap Fund New York, Oct. 01, 2021 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager, and manager of both Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (the Digital Large Cap Fund) and Grayscale® DeFi Fund (the DeFi Fund), today announced the updated Fund Component weightings for each product in connection with their respective quarterly reviews.  In accordance with the Digital Large Cap Fund’s construction criteria, Grayscale has adjusted the Digital Large Cap Fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings and using the cash proceeds to purchase Solana (SOL) and Uniswap (UNI). This announcement follows...

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Dime Community Bank Announces Christopher Porzelt As Chief Risk Officer

Dime Community Bank Announces Christopher Porzelt As Chief Risk Officer

HAUPPAUGE, N.Y., Oct. 01, 2021 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (Nasdaq: DCOM) (the “Company” or “Dime”), is pleased to announce that Christopher Porzelt has been appointed as Executive Vice President (“EVP”) and Chief Risk Officer of the Company and Dime Community Bank (the “Bank”), the wholly owned subsidiary of the Company, having served as EVP and Interim Chief Risk Officer since June 2021. Mr. Porzelt, who will report to Dime’s Chief Executive Officer Kevin M. O’Connor, will be responsible for continuing the buildout of the Enterprise Risk Management function to effectively manage risk throughout the organization and integrate risk management with corporate strategy. “We are excited to have Chris officially at the helm of our Risk Department,” stated Mr. O’Connor. “His knowledge and experience...

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ThreeD Capital Inc. Reports Peak Fintech Group Inc. Completes Acquisition of Cubeler Inc.

ThreeD Capital Inc. Reports Peak Fintech Group Inc. Completes Acquisition of Cubeler Inc.

TORONTO, Oct. 01, 2021 (GLOBE NEWSWIRE) — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQX:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to report that Peak Fintech Group Inc. (CSE: PKK) (“Peak”), an innovative Fintech service provider and manager of the Cubeler Business Hub, has officially acquired 100% of the issued and outstanding shares of Cubeler Inc. (“Cubeler”) in exchange for $1,000,000 in cash and 11,133,012 common shares of Peak (the “Acquisition”). Cubeler is an analytics and AI company and the developer and owner of the technology that powers Peak’s Business Hub. Prior to the Acquisition, ThreeD held equity securities in both Cubeler and Peak. As a result of the Acquisition, ThreeD...

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Aton announces Operations and Corporate Update

Aton announces Operations and Corporate Update

VANCOUVER, British Columbia, Oct. 01, 2021 (GLOBE NEWSWIRE) — Aton Resources Inc. (AAN: TSX-V) (“Aton” or the “Corporation”) announces the following operations and corporate updates. Operations Update Aton signed a drilling contract with Energold Drilling Ltd. in June to complete a minimum of 4,250 metres of diamond drilling at the Corporation’s Abu Marawat Concession (see news release dated June 14, 2021). At the time of signing the contract it was expected that drilling would commence in September 2021. Due to export clearance and shipping delays caused by the COVID-19 pandemic, the scheduled delivery date of the drill rig to the port in Egypt is now October 9, 2021. As a result, Aton expects to commence drilling during the month of November 2021. A summary of the drill program is provided below. The program...

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Dril-Quip, Inc. Announces Departure of Chief Financial Officer

Dril-Quip, Inc. Announces Departure of Chief Financial Officer

HOUSTON, Oct. 01, 2021 (GLOBE NEWSWIRE) — Dril-Quip, Inc. (NYSE: DRQ) (the “Company” or “Dril-Quip”) announced today that Raj Kumar, Vice President and Chief Financial Officer, has resigned his position with Dril-Quip effective November 1, 2021 to take another opportunity and will assist in a smooth transition of his duties. The Company has engaged an executive search firm to conduct a search for its next Chief Financial Officer. Blake DeBerry, Dril-Quip’s Chief Executive Officer, commented, “I appreciate Raj’s involvement in all of our recent successful transformation efforts, and on behalf of the board and executive team, I want to thank him for his service and contributions to Dril-Quip. We wish him all the best in his future endeavors. We have a strong finance team in place, and I am confident that they will continue...

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<div>CAPREIT Acquires Québec City Portfolio & Sells Two Non-Core Properties</div>

CAPREIT Acquires Québec City Portfolio & Sells Two Non-Core Properties

TORONTO, Oct. 01, 2021 (GLOBE NEWSWIRE) — Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has completed the acquisition of a portfolio of three apartment buildings located in Québec City aggregating 260 residential suites. CAPREIT paid $72.8 million for the portfolio, funded by CAPREIT’s Acquisition and Operating Facility. Residential occupancy in the portfolio was 99.6% at closing. Constructed between 2012 and 2015, these modern high-quality properties are located in a small cluster in Québec City overlooking the St. Lawrence River close to Old Québec and other prominent tourist and shopping destinations. Including 24 one-bedroom, 115 two-bedroom and 121 three-bedroom apartments, average suite size across the portfolio is an extensive 1,260 square feet. The properties...

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P2 Gold Upsizes and Closes the Flow-Through Private Placement

P2 Gold Upsizes and Closes the Flow-Through Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTIONOR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. VANCOUVER, British Columbia, Oct. 01, 2021 (GLOBE NEWSWIRE) — P2 Gold Inc. (“P2” or the “Company”) (TSX-V:PGLD) reports it has upsized the non-brokered flow-through private placement (the “Private Placement”) (see P2’s news releases dated September 15 and 17, 2021) from 2,500,000 flow-through common shares to 2,520,000 flow-through common shares and closed the Private Placement for gross proceeds of $1.26 million. The gross proceeds of the Private Placement will be used to fund exploration expenditures on the BAM Property and for other Canadian Exploration Expenses that will qualify as “flow through mining expenditures” as defined in subsection 127(9)...

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Topicus.com and CGG complete sale and transfer of GeoSoftware Business to Topicus.com and Vela Software

Topicus.com and CGG complete sale and transfer of GeoSoftware Business to Topicus.com and Vela Software

TORONTO, Oct. 01, 2021 (GLOBE NEWSWIRE) — Topicus.com Inc. (“Topicus”) (TSXV: TOI) today announced that Topicus and CGG S.A. (“CGG”) have completed the sale and transfer of the GeoSoftware Business to Topicus and Vela Software for a total cash consideration of US$95 million (subject to certain customary closing adjustments). About Vela Software Vela is a global provider of software solutions to a number of vertical industries with broad and deep market knowledge in the Energy and Resources software. As an operating group of Constellation Software Inc., Vela acquires, manages, and builds industry specific software businesses which provide specialized, mission-critical software solutions. Vela’s goal is for its companies to become leaders in their respective verticals by investing in their operations, growing through organic initiatives,...

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