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Year: 2022

Ninepoint Partners Announces Estimated Annual 2022 Capital Gains Distributions for ETF Series Securities

TORONTO, Dec. 16, 2022 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the estimated annual 2022 capital gains distributions for its ETF Series securities. Ninepoint Partners expects to announce the final year-end distribution amounts on or about December 21, 2022. The record date for the distributions is December 30, 2022 All distributions are payable on January 9, 2023. The per-unit estimated distributions are detailed below:Ninepoint ETF Series Ticker Estimated Notional CapitalGain Distribution per unit CUSIPNinepoint Energy Fund NNRG $4.89 65443T203NOTE: All estimates in this document do not incorporate forward looking information and are based on the accounting data as of November 1, 2022. Due to the market conditions, the actual year end allocable amount may differ from these estimates...

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Wesana Health Announces Receipt of Short-Term Loan

CHICAGO and TORONTO, Dec. 16, 2022 (GLOBE NEWSWIRE) — Wesana Health Holdings Inc. (“Wesana” or the “Company”) (CSE: WESA; OTCQB: WSNAF), a data-driven life sciences company, today announced that Wesana Health Inc. (“WHI”), a subsidiary of the Company, has received an unsecured short-term loan in an aggregate principal amount of US$250,000 from an arm’s length lender (the “Loan”). The Loan will bear interest at a rate of 10% per annum, which interest will accrue and be payable upon maturity of the Loan. All principal and unpaid interest outstanding under the Loan will be due and payable nine months from the date of the Loan, provided that in certain circumstances such maturity date will be automatically extended to be one-year from the date of the Loan. The proceeds from the Loan are expected to be used by the Company for general...

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Euro Sun Announces Appointment of Ryan Ptolemy as New Chief Financial Officer

TORONTO, Dec. 16, 2022 (GLOBE NEWSWIRE) — Euro Sun Mining Inc. (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to announce the appointment of Ryan Ptolemy as the newly appointed Chief Financial Officer of the Company effective immediately. Mr. Ptolemy will succeed Paul Bozoki following Mr. Bozoki’s resignation. Mr. Ptolemy is a CPA, CGA and CFA charter holder who also attained a Bachelor of Arts from Western University. Mr. Ptolemy serves as Chief Financial Officer to many public and private companies in the resource sector, particularly development-stage companies. Mr. Ptolemy formerly served as Chief Financial Officer for an independent investment dealer in Toronto where he was responsible for financial reporting, budgeting and the company’s internal controls. Management and the board of directors of the Company would like...

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Ero Copper Increases Revolving Credit Facility to $150 Million and Extends Maturity to December 2026

(all amounts in US dollars, unless otherwise noted) VANCOUVER, British Columbia, Dec. 16, 2022 (GLOBE NEWSWIRE) — Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) is pleased to announce that it has amended its existing senior secured revolving credit facility (the “Amended Credit Facility”) to increase the aggregate commitments from $75 million to $150 million and extend the maturity from March 2025 to December 2026. The Amended Credit Facility will bear interest on a sliding scale of SOFR plus an applicable margin of 2.00% to 4.00% depending on the Company’s consolidated leverage ratio. Commitment fees for the undrawn portion of the Amended Credit Facility will also be based on a sliding scale ranging from 0.45% to 0.90%. The Amended Credit Facility is expected to close by December 23, 2022,...

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Hennessy Capital Investment Corp. V Announces Cancellation of Special Meeting of Stockholders and Liquidation

WILSON, Wyo., Dec. 16, 2022 (GLOBE NEWSWIRE) — Hennessy Capital Investment Corp. V (the “Company”) (Nasdaq: HCIC), announced today that it has canceled its special meeting of stockholders that was previously scheduled for 3:00 PM Eastern time on December 21, 2022, and that, due to its inability to complete an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation, the Company intends to dissolve and liquidate, effective as of the close of business on December 21, 2022, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the “Public Shares”), at a per-share redemption price of approximately $10.06 (after taking into account the removal of a portion of the accrued interest in the...

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Party City Receives Continued Listing Standard Notice from the NYSE

WOODCLIFF LAKE, N.J., Dec. 16, 2022 (GLOBE NEWSWIRE) — Party City Holdco Inc. (the “Company” or “PRTY”; NYSE:PRTY) today announced that it received notification from the New York Stock Exchange (“NYSE”) on December 15, 2022 that the Company is no longer in compliance with NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period. Under NYSE’s rules, the Company has a period of six months from receipt of the notice to regain compliance with the NYSE’s minimum share price requirement. In order to regain compliance, on the last trading day of any calendar month during the cure period, the Company’s shares of common stock, $0.01 par value per share (the “Common Stock”), must have (i) a closing price of at least $1.00 per share...

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BlackRock® Canada calls Unitholder Meetings of Certain iShares ETFs to Approve Proposed Mergers and Announces Fee Reduction

TORONTO, Dec. 16, 2022 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE: BLK) today announced that it has called special meetings of unitholders of the iShares exchange-traded funds (“Merging ETFs”) listed below (the “Meetings”), to be held on or about March 1, 2023, solely as a virtual (online) meeting by way of live audio webcast, to approve the merger of each of the Merging ETFs into the applicable continuing iShares exchange-traded funds (“Continuing ETFs”), as set forth in the table below (the “Mergers”).Merging ETF Continuing ETFiShares U.S. High Yield Fixed Income Index ETF (CAD-Hedged) (CHB) iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)iShares Short Term High Quality Canadian Bond Index ETF...

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BlackRock® Canada Announces Changes in Indices of the iShares 0-5 Year TIPS Bond Index ETF and the iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)

TORONTO, Dec. 16, 2022 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (“BlackRock”) (NYSE:BLK) today announces that effective on or about January 31, 2023, the indices that the iShares 0-5 Year TIPS Bond Index ETF and iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) (the “iShares ETFs”) seek to replicate will change as follows:iShares ETF Current Index New IndexiShares 0-5 Year TIPS Bond Index ETF (XSTP/ XSTP.U) Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L) ICE U.S. Treasury 0-5 Year Inflation Linked Bond IndexiShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged) (XSTH) Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L) (CAD-Hedged) ICE U.S. Treasury 0-5...

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Novo Files Beatons Creek Technical Report

VANCOUVER, British Columbia, Dec. 16, 2022 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce that it has filed a technical report prepared pursuant to National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) related to its recent news release1 for its Beatons Creek gold project, Western Australia. The technical report, entitled “NI 43-101: Mineral Resource Update, Beatons Creek Gold Project, Nullagine, Western Australia” (the “Technical Report”), with an effective date of June 30, 2022 and an issue date of December 16, 2022, was prepared for Novo by Dr. Simon Dominy (FAusIMM(CP) FAIG(RPGeo) FGS(CGeol)), Ms. Janice Graham (MAIG), Mr. Jeremy Ison (FAusIMM), and Mr. Royce McAuslane (FAusIMM) (collectively, the “QP’s”)....

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Atour Lifestyle Holdings Limited Announces Senior Management Change

SHANGHAI, China, Dec. 16, 2022 (GLOBE NEWSWIRE) — Atour Lifestyle Holdings Limited (“Atour” or the “Company”) (NASDAQ: ATAT), a leading hospitality and lifestyle company in China, announced today that Ms. Yisong Zhao has tendered her resignation as the Company’s Chief People Officer due to health reasons, effective on December 31, 2022. “Since 2021, Ms. Yisong Zhao has made substantial contributions to our talent building and recruitment,” said Mr. Haijun Wang, founder, chairman of the board and Chief Executive Officer of Atour. “She leaves behind an effective organizational structure and energetic team well-positioned to support as the company moves forward. We wish her all the very best.” About Atour Lifestyle Holdings Limited Atour Lifestyle Holdings Limited (NASDAQ: ATAT) is a leading hospitality and lifestyle company in China,...

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