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Day: March 30, 2022

Slate Grocery REIT Establishes U.S.$150 Million At-The-Market Equity Program

TORONTO, March 30, 2022 (GLOBE NEWSWIRE) — Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it has established an at-the-market equity program (the “ATM Program”) that allows the REIT to issue, at its discretion, up to U.S.$150,000,000 of class U trust units of the REIT (the “Units”) to the public from time to time through BMO Capital Markets (the “Agent”). Distributions of Units pursuant to the ATM Program, if any, will be made in accordance with the terms of an equity distribution agreement dated March 30, 2022 (the “Equity Distribution Agreement”) entered into among the REIT and the Agent. Units issued under the ATM Program will be issued from treasury and distributed directly on the Toronto Stock Exchange, or such other recognized...

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Ceres Acquisition Corp. Reports Fourth Quarter and Fiscal 2021 Financial Results

NOT FOR DISTRIBUTION TO U.S. NEWSWIRES OR OTHER DISSEMINATION IN THE UNITED STATES TORONTO, March 30, 2022 (GLOBE NEWSWIRE) — Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) (“Ceres” or the “Corporation”) is reporting its financial results for the fourth quarter and fiscal year ended December 31, 2021, as well as from the period of incorporation on January 29, 2020 until December 31, 2020. The Corporation’s audited financial statements, along with the accompanying management’s discussion and analysis and annual information form have been filed on the System for Electronic Document Analysis and Retrieval (SEDAR) and may be viewed by interested parties under the Corporation’s profile at www.sedar.com. About Ceres Acquisition Corp. Ceres is a special purpose acquisition corporation incorporated under the laws of the Province...

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Kayne Anderson NextGen Energy & Infrastructure Announces Distribution of $0.16 per Share for Q1 2022

HOUSTON, March 30, 2022 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) announced today a quarterly distribution of $0.16 per share for the fiscal quarter ended February 28, 2022. This distribution, which is an increase of $0.02 per share over the prior distribution, is payable to common stockholders on April 19, 2022 (as outlined in the table below). The Fund’s management and its Board of Directors recognize that distributions are a significant part of the value proposition KMF provides its investors. Based on its closing price as of March 29, 2022, and quarterly distribution of $0.16 per share, KMF’s annualized distribution rate is 7.7%. “One of management’s most important long-term goals is to provide KMF’s investors an attractive distribution, and I am very pleased to announce...

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Equus Announces Fourth Quarter Net Asset Value

HOUSTON, March 30, 2022 (GLOBE NEWSWIRE) — Equus Total Return, Inc. (NYSE: EQS) (“Equus” or the “Company”) reports net assets as of December 31, 2021, of $36.4 million, an increase of approximately $0.2 million since September 30, 2021. Net asset value per share increased to $2.69 as of December 31, 2021 from $2.68 as of September 30, 2021. Comparative data is summarized below (in thousands, except per share amounts):  As of the Quarter Ended 12/31/2021 9/30/2021 6/30/2021 3/31/2021 12/31/2020Net assets $36,365 $36,243 $34,724 $34,075 $33,777Shares outstanding 13,518 13,518 13,518 13,518 13,518Net assets per share $2.69 $2.68 $2.57 $2.52 $2.50The following were the principal contributors to the growth in net asset value during 2021:Increase in the Value of Equus Energy. During 2021, the fair value of Equus Energy,...

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Swiss Water Reports Record Annual Volume and Adjusted EBITDA

VANCOUVER, British Columbia, March 30, 2022 (GLOBE NEWSWIRE) — Swiss Water Decaffeinated Coffee Inc. (TSX– SWP) (“Swiss Water” or “the company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported financial results for the year ended December 31, 2021. Three months and year ended December 31, 2021 Financial and Operational HighlightsFourth quarter revenue was $35.1 million, an increase of 43% or $10.6 million when compared to the same period in 2020. Full-year revenue grew strongly and was $125.1 million, an increase of 28% or $27.5 million. Quarterly and annual volumes increased by 23% and 17%, respectively, compared to the same periods in 2020 reflecting new customer acquisition and organic growth with existing customers as the food service economy continues to recover. European business...

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DIRTT provides an update on its strategic account initiatives

CALGARY, Alberta, March 30, 2022 (GLOBE NEWSWIRE) — DIRTT Environmental Solutions (“DIRTT” or the “Company”) (NASDAQ: DRTT, TSX: DRT), a global leader in industrialized construction that empowers organizations together with construction and design leaders to build high-performing, adaptable, interior environments, provides an update on its strategic account initiatives. Aligning with improving market conditions reflected in the latest Dodge Momentum Index, DIRTT is working alongside clients who are capitalizing on opportunities to increase their real estate footprints and grow their portfolios while actively pursuing efficiencies in the design build process by implementing a programmatic approach to project execution. “An effective strategic accounts program must focus on high-quality consistent execution at the project level while...

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Counter Press Acquisition Corporation Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing April 1, 2022

NEW YORK, March 30, 2022 (GLOBE NEWSWIRE) — Counter Press Acquisition Corporation (NASDAQ GM: CPAQU) (the “Company”) announced today that, commencing April 1, 2022, holders of the units sold in the Company’s initial public offering may elect to separately trade the Class A ordinary shares and warrants included in the units. The Class A ordinary shares and warrants that are separated will trade on The Nasdaq Global Market (“Nasdaq”) under the symbols “CPAQ” and “CPAQW,” respectively. Units that are not separated will continue to trade on Nasdaq under the symbol “CPAQU.” A registration statement relating to these securities has been declared effective by the U.S. Securities and Exchange Commission (the “SEC”). This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company,...

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GCP Announces Asia Pacific Price Increase on all construction products

SINGAPORE, March 30, 2022 (GLOBE NEWSWIRE) — GCP Applied Technologies Inc. (NYSE: GCP) (GCP or the Company), a leading global provider of construction products, today announced it is implementing price increases for Concrete Admixtures, Cement Additives and Specialty Building Materials in Asia Pacific. To continue providing the exceptional solutions GCP’s customers rely on, at the levels of service they require, it is necessary to increase prices for all construction products effective April 1, 2022. “The global supply chain impacts on raw material and freight costs have been unprecedented over the past nine months and costs are not expected to subside in the near future. We have continued to increase our inventory levels to service our customers’ needs, and added freight capacity to ensure timely delivery. We are committed to...

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ClearStream provides update on Refinancing of Credit Facility

CALGARY, Alberta, March 30, 2022 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream“) (TSX: CSM) today announced that the lender under its $15 million asset-based revolving credit facility has agreed to extend the maturity date of the facility to April 14, 2022 to allow ClearStream additional time to finalize the documentation with its new lender on a $25 million asset-based revolving credit facility with a three-year term and with its existing lenders on the associated amendments to their loan documents. ClearStream anticipates that the refinancing will be completed by April 14, 2022. About ClearStream Energy Services Inc. With a legacy of excellence and experience stretching back more than 50 years, ClearStream provides solutions to the Energy and Industrial markets including: Oil & Gas, Petrochemical,...

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Rogers Sugar Welcomes Canada Border Services Agency’s Decision to Maintain Anti-Dumping and Countervailing Duties on Imported Sugar

MONTREAL, March 30, 2022 (GLOBE NEWSWIRE) — Rogers Sugar Inc. (the “Corporation”) (TSX: RSI) announced today it welcomes the decision by the Canada Border Services Agency (CBSA) to maintain anti-dumping and countervailing duties on excess and subsidized sugar imported into Canada. Earlier in the day, the CBSA issued a notice of the conclusion of its re-investigation concerning dumped sugar from the United States (US), Denmark, Germany, the Netherlands and the United Kingdom (UK) and subsidized sugar from the European Union (EU). The purpose of the re-investigation was to update the rates of anti-dumping and countervailing duties following the Canadian International Trade Tribunal’s finding last year that these measures continue to be necessary to protect the Canadian sugar industry (https://www.cbsa-asfc.gc.ca/sima-lmsi/ri-re/sug2021/sug2021-nc-eng.html). The...

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