Day: October 7, 2021

Schultze Special Purpose Acquisition Corp. II Announces Pricing of $150 Million Initial Public Offering

Schultze Special Purpose Acquisition Corp. II Announces Pricing of $150 Million Initial Public Offering

RYE BROOK, NEW YORK, Oct. 07, 2021 (GLOBE NEWSWIRE) — Schultze Special Purpose Acquisition Corp. II (the “Company”), a special purpose acquisition company, today announced the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units are expected to be listed on the Nasdaq Global Market (“Nasdaq”) and  begin trading on October 8, 2021, under the ticker symbol “SAMAU”. Each unit to be issued in the offering consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Once the securities comprising the units commence separate trading, the Class A common stock and redeemable warrants are expected to be listed on Nasdaq under the...

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Maxpro Capital Acquisition Corp. Announces Pricing of $90,000,000 Initial Public Offering

Maxpro Capital Acquisition Corp. Announces Pricing of $90,000,000 Initial Public Offering

Taipei City, Oct. 07, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Maxpro Capital Acquisition Corp. (the “Company”), a Taiwan based SPAC, announced today that it priced its initial public offering of $90 million, consisting of 9,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market (“Nasdaq”) and will begin trading tomorrow, Friday, October 8th, 2021, under the ticker symbol “JMACU”. Each unit consists of one share of the Company’s Class A common stock and one redeemable warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “JMAC”...

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<div>Bloom Investment Counsel, Inc. Announces Upcoming Termination of Bloom U.S. Income & Growth Fund</div>

Bloom Investment Counsel, Inc. Announces Upcoming Termination of Bloom U.S. Income & Growth Fund

TORONTO, Oct. 07, 2021 (GLOBE NEWSWIRE) — Bloom Investment Counsel, Inc. (the “Manager”), the manager of Bloom U.S. Income & Growth Fund (the “Fund”), announced today that the Fund will terminate on November 8, 2021 (the “Termination Date”). Despite the Fund having significantly outperformed the market in recent months, the Manager has concluded that it will no longer be economically feasible to continue the Fund following this year’s annual redemption of Class A and Class U units of the Fund on October 28, 2021 and, accordingly, it would be in the best interest of the Fund’s unitholders to terminate the Fund on the Termination Date. The last day on which the Fund’s Class A units (TSX: BUA.UN) will trade on the Toronto Stock Exchange will be November 8, 2021. On or before November 18, 2021, the Fund will distribute to unitholders,...

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Ceres Acquisition Corp. Releases Letter to Shareholders

Ceres Acquisition Corp. Releases Letter to Shareholders

TORONTO, Oct. 07, 2021 (GLOBE NEWSWIRE) — Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) (“Ceres” or the “Corporation”) is pleased to provide the following letter to shareholders. The letter can also be accessed from the Corporation’s website at www.ceresacquisition.com or from SEDAR at www.sedar.com. Dear Ceres Acquisition Corp. Shareholders, As you are aware, Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) (“Ceres”) announced the mutually agreed termination of its Business Combination Agreement dated February 21, 2021 (the “BCA”) with SH Parent, Inc. The parties could not agree on the potential amendments to the BCA prior to the September 30th outside date. As we look to the future, we will work tirelessly to focus our search on a target business with significant long-term value for our shareholders. ...

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Candelaria Provides an Update on Lender, Accendo Banco

Candelaria Provides an Update on Lender, Accendo Banco

VANCOUVER, British Columbia, Oct. 07, 2021 (GLOBE NEWSWIRE) — Candelaria Mining Corp. (TSX-V: CAND, OTC PINK: CDELF) (the “Company”) has provided insight with respect to the status of one of its lenders, Accendo Banco S.A. (“Accendo”). The Company has learned that the Mexican National Banking and Securities Commission notified Accendo of the revocation of its authorization to organize and operate as a multiple banking institution due to Accendo falling below the regulatory minimum levels of liquidity coverage ratio of the institution. The Company has a US$9.0 million loan facility in place with Accendo and to date has drawn US$1.5 million under the loan facility. The Company anticipates that its ability to draw any further funds from its loan facility with Accendo may be impaired by these developments. The Company was not expecting...

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Alcanna Inc. to be Acquired by Sundial Growers Inc.

Alcanna Inc. to be Acquired by Sundial Growers Inc.

All amounts in Canadian dollars unless otherwise stated Alcanna shareholders to receive $9.12 in Sundial common shares per Alcanna common share The transaction price represents a premium of 39% to Alcanna’s 10-day VWAP on the TSX preceding the signing of the LOI (September 1, 2021) and a 23% premium to the 10-day VWAP preceding the September 15, 2021 press release regarding recent trading activity (unaffected date) The transaction delivers near term value creation for Alcanna shareholders and an opportunity to be part of a larger and significantly more liquid company The transaction has received the unanimous approval of Alcanna’s Board of Directors EDMONTON, Alberta, Oct. 07, 2021 (GLOBE NEWSWIRE) — Alcanna Inc. (the “Company” or “Alcanna”) (TSX: CLIQ) is pleased to announce that it has entered into an arrangement agreement...

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Chalice Brands Ltd. Announces Appointment of Meghan Miller to Chief Operating Officer

Chalice Brands Ltd. Announces Appointment of Meghan Miller to Chief Operating Officer

PORTLAND, Ore., Oct. 07, 2021 (GLOBE NEWSWIRE) — Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) (“Chalice” or the “Company”), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, is pleased to announce the promotion of Meghan Miller to Chief Operating Officer (COO) of Chalice Brands, effective immediately. As Chief Operating Officer, Meghan Miller acts as a bridge between the Company’s seasoned farmers and business community. Her work with Chalice Brands highlights Miller’s passion for conscious collaboration and positions her to help both sectors seamlessly navigate the industry’s evolution together. Miller has oversight in every step of the seed-to-sale process with Chalice Brands’ vertically integrated cultivation operation, which operates 16 retail locations...

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Canoe EIT Income Fund Announces October 2021 Distribution

Canoe EIT Income Fund Announces October 2021 Distribution

CALGARY, Alberta, Oct. 07, 2021 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the October 2021 distribution of $0.10 per unit. The distribution will be paid on November 15, 2021 to unitholders of record on October 22, 2021. The ex-distribution date for this distribution is October 21, 2021. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Portfolio Manager and Head of Equities, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada’s fastest growing independent...

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Goodfellow Reports Its Results for the Third Quarter Ended August 31, 2021

Goodfellow Reports Its Results for the Third Quarter Ended August 31, 2021

DELSON, Quebec, Oct. 07, 2021 (GLOBE NEWSWIRE) — Goodfellow Inc. (TSX: GDL) announced today its financial results for the third quarter ended August 31, 2021. The Company reported a net income of $10.0 million or $1.17 per share compared to a net income of $6.7 million or $0.78 per share a year ago. Sales for the three months ended August 31, 2021 were $168.0 million compared to $138.8 million last year. Sales in Canada increased 22% compared to the same period a year ago, while sales in the United States increased 31% and export sales decreased 12%. Selling, administrative and general expenses increased overall by $2.4 million. For the nine months ended August 31, 2021, the Company reported a net income of $27.8 million or $3.24 per share compared to a net income of $8.0 million or $0.94 per share a year ago. Sales were $472.9...

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Autoscope Technologies Corporation Announces the Resignation of Chad Stelzig and Plan to Name Frank Hallowell as Interim CEO

Autoscope Technologies Corporation Announces the Resignation of Chad Stelzig and Plan to Name Frank Hallowell as Interim CEO

SAINT PAUL, Minn., Oct. 07, 2021 (GLOBE NEWSWIRE) — Autoscope Technologies Corporation (“Autoscope”) (Nasdaq: AATC) today announced that on October 1, 2021, Chad A. Stelzig, the President and Chief Executive Officer of Image Sensing Systems, Inc. (“ISNS”), notified the Board of Directors of Autoscope and ISNS that he was resigning. ISNS is a wholly-owned subsidiary of Autoscope. Frank Hallowell, who is the Chief Financial Officer of Autoscope and ISNS, will assume the role of Interim CEO of ISNS when Mr. Stelzig’s resignation is effective. Mr. Stelzig will assist in the transition of responsibilities over the coming months, and the Board will soon begin a search for Mr. Stelzig’s successor. “Frank is a highly skilled and experienced leader who has served as CFO of Image Sensing Systems and Autoscope Technologies Corporation. His...

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