Day: November 25, 2021

CALGARY, Alberta, Nov. 25, 2021 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX:CVE) (NYSE: CVE) will host its virtual 2021 Investor Day and release its 2022 budget, updated strategy and five-year business plan on Wednesday, Dec. 8. The company will also issue its 2020 environmental, social and governance (ESG) report and new targets for Cenovus’s five ESG focus areas, including climate change & greenhouse gas emissions.Webcast: Dec. 8, 8 a.m. MT (10 a.m. ET)Register now and access the live broadcast here. Cenovus Energy Inc. Cenovus Energy Inc. is an integrated energy company with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The company is focused on managing its assets in a safe, innovative and cost-efficient...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES COLLINGWOOD, Ontario, Nov. 25, 2021 (GLOBE NEWSWIRE) — The Limestone Boat Company Limited (“Limestone” or the “Company“) (TSXV: BOAT) – owner and builder of Aquasport Boats, Limestone® Boats and Boca Bay Boats – announces that it has completed the first tranche of its previously announced brokered private placement (the “Placement“) of 10,851,334 units (the “Units“) of the Company at a price of $0.24 per Unit (the “Issue Price“) for gross proceeds of approximately $2.6 million. The Placement was led by Beacon Securities Limited, acting as agent (the “Agent“). Each Unit consists of one common share of the Company (a “Common Share“) and one-half of one Common...

TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) — ABERDEEN INTERNATIONAL INC. (“Aberdeen” or the “Company”) (TSX: AAB) (F: A8H) (OTC: AABVF) has acquired 4,000,000 units of Jourdan Resources Inc. (“Jourdan”) in a non-brokered private placement financing of Jourdan at a price of $0.05 per unit for a total subscription price of $200,000. Each unit is comprised of one Jourdan common share (a “Common Share”) and one-half of one Jourdan common share purchase warrant (a “Warrant”). Each Warrant is exercisable for one Common Share at a price of $0.07 for a period of twenty-four months. Prior to this transaction, Aberdeen owned 13,333,333 Common Shares and 5,000,000 warrants of Jourdan. Subsequent to the closing of Jourdan’s private placement on November 25, 2021, Aberdeen held 17,333,333 Common Shares and 7,000,000 warrants, representing 12%...

VANCOUVER, BRITISH COLUMBIA, Nov. 25, 2021 (GLOBE NEWSWIRE) — American Lithium Corp. (“American Lithium” or the “Company”) (TSX-V:LI | OTCQB:LIACF | Frankfurt:5LA1) reports that on November 25, 2021, the Peruvian judiciary has released information confirming appeals of the judicial ruling issued in favour of Macusani Yellowcake S.A.C., the Company’s Peruvian subsidiary, in relation to title to 32 disputed concessions out of its 151 concessions in Peru. The Company confirms that, as previously reported and in line with usual practice, appeals have been lodged by INGEMMET (Peruvian Institute of Mines and Metallurgy) and its parent ministry, MINEM (Ministry of Mines and Energy). No additional details are currently available on what aspects of the ruling are being appealed. As reported by the Company on November 3, 2021, the presiding...

TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) — White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the “Company” or “White Gold”) is pleased to announce a non-brokered private placement of flow-through common shares at a price of $0.98 per share (each a “Tranche 1 Flow-Through Share”), flow-through common shares at a price of $0.80 per share (each a “Tranche 2 Flow-Through Share”) and common shares in the capital of the Company at a price of $0.70 per common share (each a “Common Share”) for total gross proceeds of approximately $9,000,000. Pursuant to an investor rights agreement between the Company and Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) (“Agnico”) dated December 13, 2016, Agnico has indicated that it intends to increase interest in the Company to 19.9% on a post-offering basis. “We are very grateful for the continued...

Revenues up 222% to $2.5m and 154% to $6.5m for the three and nine month periods over last year STRATHROY, Ontario, Nov. 25, 2021 (GLOBE NEWSWIRE) — Eve & Co Incorporated (“Eve & Co”, “we”, “us” or the “Company”) (TSX-V: EVE; OTCQX: EEVVF), is pleased to announce that it had gross revenues of $6.5 million in the first nine months of 2021, successfully surpassing its gross revenues of $3.8 million for the entire 2020 financial year and $2.6 million for the comparative nine month period in 2020. The Company is also pleased to announce its financial results for the three and nine months ended September 30, 2021 and wishes to highlight the following items;During the first three quarters of 2021, the Company completed additional shipments of EU-GMP certified cannabis to its German customers; During the first three quarters...

TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) — Topicus.com Inc. (the “Company”) (TSXV:TOI) announced today that, after successfully leading the integration of the Topicus operating group into the Company since its acquisition in January 2021, Daan Dijkhuizen has made the decision not to continue in his current role as Chief Executive Officer of the Company for a second year. Mr. Dijkhuizen wishes to focus on leading Constellation Software’s organic growth efforts and will do so as Managing Partner of Constellation Software’s newly announced VMS Ventures fund. Mr. Dijkhuizen will continue to lead the Topicus operating group within the Company and will also continue as a member of the Board of Directors of the Company. Additional information on Constellation Software’s newly formed VMS Ventures fund will be available at csisoftware.com.category/press-releases. As...

TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) — Constellation Software Inc. (TSX:CSU) (“Constellation”) today announced the creation of a two hundred-million-dollar venture capital fund (“VMS Ventures“, or “the Fund”).  The Fund will provide financing for start-up and rapidly growing vertical market software businesses, most of which will have been either incubated or identified by a sponsoring Constellation business unit.  While Constellation regularly invests in dozens of small initiatives and will continue to do so, VMS Ventures will invest in larger initiatives and take a different approach: The Fund will only invest in businesses (“Investees”) that have the potential to become standalone business units within Constellation. The managers and employees of the Fund’s Investees will be significant shareholders in their...

TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) — Hemlo Explorers Inc. (the “Company”) (TSXV: HMLO) is pleased to announce that it has closed the first tranche of the non-brokered private placement (the “Offering”) announced on October 22, 2021 and November 4, 2021. Under the first tranche of the Offering, the Company issued 4,925,332 units (“Units”), each comprised of one non flow-through common share and half of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”) and 1,529,300 “flow-through” units (“FT Units”), each comprised of one flow-through common share and half of one Warrant, for aggregate gross proceeds of approximately $1,505,818. The common share component of each FT Unit was issued as a “flow-through share” (as defined in subsection 66(15) of the Income Tax Act (Canada)). Each Warrant...