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Day: June 13, 2023

BCUC Completes its Inquiry into the Acquisition of Renewable Natural Gas

VANCOUVER, British Columbia, June 13, 2023 (GLOBE NEWSWIRE) — Today, the British Columbia Utilities Commission (BCUC) released its Final Report for Phase 2 of its Inquiry into the Acquisition of Renewable Natural Gas by Public Utilities in BC (RNG Inquiry). The BCUC established its RNG Inquiry in 2021 to examine several issues related to BC public utilities’ acquisition of RNG. The RNG Inquiry set out to determine a definition for RNG, how it can be acquired by public utilities, and how it can be delivered to utility customers, among other items. The RNG Inquiry Phase 1 Final Report was released in July 2022 with the following key findings:How is RNG acquired?RNG is acquired in each of these scenarios:when biomethane is acquired with its associated environmental attributes; and when conventional natural gas is acquired...

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Reunion Gold Announces an Initial Pit-Constrained Mineral Resource Estimate of 2.475 M Oz Au in Indicated Resources and 1.762 M Oz Au in Inferred Resources at Its Oko West Project in Guyana

The initial pit-constrained Mineral Resource Estimate (“MRE”) consists of 2.475 Moz. Au in Indicated Mineral Resources grading 1.84 g/t Au, and 1.762 Moz. Au in Inferred Mineral Resources grading 2.02 g/t Au. Gold mineralization at the Kairuni zone remains open at depth, with high grade zones already demonstrated beneath the open pit constrained MRE in Block 4. The MRE confirms a distinct high-grade gold mineralized domain within Block 4, parallel to the Footwall Granitoid, which remains open at depth. This zone has been defined using 75 drill hole intercepts within Block 4. These intercepts averaged a grade of 7.38 g/t Au with an average estimated true thickness of 5.6 m. An infill and expansion drilling program continues on the Kairuni zone, with the intention of:Expanding the high-grade domain in Block 4 to depth, Expanding the volume...

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Currency Exchange International Announces 30% Increase in Revenue for the Three and Six-Months Ended April 30, 2023 versus the Prior Year

TORONTO, June 13, 2023 (GLOBE NEWSWIRE) — Currency Exchange International, Corp. (the “Group” or “CXI”) (TSX: CXI; OTCBB: CURN), announces its financial results and Management’s Discussion and Analysis (“MD&A”) for the three and six-month periods ended April 30, 2023 (all figures are in U.S. dollars except where otherwise indicated). The complete financial statements and MD&A can be found on the Company’s SEDAR profile at www.sedar.com. Randolph Pinna, CEO of the Group, stated, “The second quarter of 2023 demonstrated strong year-over-year growth as increased demand for international travel reaches near pre-COVID levels. The return to more traditional seasonality in travel patterns have translated into the second quarter showing continued strong growth in banknotes leading into the third quarter being the strongest...

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Delta 9 Awarded Grow Pod Contract for Cultivation Facility in British Columbia

WINNIPEG, Manitoba, June 13, 2023 (GLOBE NEWSWIRE) — DELTA 9 CANNABIS INC. (TSX:DN) (OTCQB:DLTNF) (“Delta 9” or the “Company”) is pleased to announce that it has secured a purchase order from 1417376 BC Ltd. for 8 of its modular Grow Pods for a cultivation facility in British Columbia. 1417376 BC Ltd. has also entered into a Strategic Cooperation Agreement with the Company whereby Delta 9 will provide services relating to 1417376 BC Ltd.’s cannabis production facility, development of standard operating procedures and sanitation programs, consulting on Health Canada licensing, marketing services to develop the 1417376 BC Ltd.’s brand, and other services supporting the acquisition of a Health Canada cultivation and processing license. The Company anticipates the value of the purchase order and Strategic Cooperation Agreement will...

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Advanced Emissions Solutions to Attend the Sidoti Small-Cap Conference on June 15

CEO Greg Marken to meet with institutional investors GREENWOOD VILLAGE, Colo., June 13, 2023 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”), a leader in emissions control solutions for power generation, industrial and municipal water purification markets, today announced that it will attend the Virtual Sidoti Small-Cap Conference on Thursday, June 15, 2023. The Company’s Chief Executive Officer, Greg Marken, and members of management, will be participating in one-on-one and group meetings with institutional investors, analysts, family offices and high net-worth investors. About Advanced Emissions Solutions, Inc.Advanced Emissions Solutions, Inc. serves as the holding entity for a family of companies that provide environmental solutions to customers in the power...

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Andrew Peller Limited Announces New Credit Facility

GRIMSBY, Ontario, June 13, 2023 (GLOBE NEWSWIRE) — Andrew Peller Limited (ADW.A / ADW.B) is pleased to announce that the Company has entered into a $275 million Asset Backed Lending credit facility effective June 13, 2023, maturing on June 13, 2027. Led by Bank of Montreal, as administrative agent and co-lead arranger, alongside Royal Bank of Canada, as co-lead arranger, the credit facility replaces the Company’s existing credit facility entered into on December 8, 2020.  “The closing of this facility in this uncertain financial market is a testament to the continued strength and sustainability of our Company,” said John Peller, Chief Executive Officer. “Moving to an asset backed facility allows us to unlock the value of our assets while driving significant interest savings annually.” Andrew Peller Limited anticipates it will use...

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Probe Gold Announces Results of Annual General Meeting and Retirement of Directors

TORONTO, June 13, 2023 (GLOBE NEWSWIRE) — PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) announces the voting results for the Annual General Meeting of Shareholders (the “Meeting”) held today, in Toronto. Results of the Meeting The Company is reporting the voting results of its Meeting held on Tuesday, June 13, 2023. The summary of the results as follows:Total Shares Voted: 102,455,191Total Shares Issued and Outstanding: 159,904,315Total Percentage of Shares Voted: 64.07%Election of Directors Based on the proxies received and the votes cast at the Meeting, each nominee director was elected to serve until the next annual meeting of shareholders. The following is a tabulation of the votes submitted:Name of Nominee Vote For % Withhold %Jamie Sokalsky 95,011,120 98.95% 1,011,173 1.05%David...

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Riocan Real Estate Investment Trust Announces Results of Voting at Its Annual and Special Meeting

TORONTO, June 13, 2023 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the results of the votes held at its June 13, 2023 annual and special meeting of unitholders (the “Meeting”). The total number of units represented by unitholders present in person or by proxy at the Meeting was 171,503,612, representing 57.19% of RioCan’s 299,863,315 outstanding units entitled to be voted. Each of the nominee Trustees listed in the Trust’s Management Information Circular dated April 28, 2023 was elected as a Trustee. RioCan received proxies with regard to voting on the ten Trustees nominated for election, as set forth in the table below:Name of Nominee VotesFor % Votes Withheld %Bonnie Brooks, C.M. 167,568,595 98.28% 2,925,948 1.72%Richard Dansereau 168,939,585 99.09% 1,554,958 0.91%Janice...

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Brookfield Business Corporation Announces Results of Annual Meeting of Shareholders

BROOKFIELD, News, June 13, 2023 (GLOBE NEWSWIRE) — Brookfield Business Corporation (the “Corporation”) (NYSE, TSX: BBUC) today announced that all nine nominees proposed for election to the board of directors of the Corporation by holders of class A exchangeable subordinate voting shares (“Exchangeable Shares”) and holders of class B multiple voting shares (“Class B Shares”) were elected at the Corporation’s annual general meeting of shareholders held on June 13, 2023 in a virtual meeting format. Detailed results of the vote for the election of directors are set out below. In accordance with the Corporation’s articles, each Exchangeable Share was entitled to one vote per share, representing a 25% voting interest in the Corporation in the aggregate, and the Class B Shares were entitled to a total of 218,865,171 votes in the aggregate,...

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Capital Bank Welcomes Jay Walker as CFO, Elevating Strategy and Capital Management Expertise

ROCKVILLE, Md., June 13, 2023 (GLOBE NEWSWIRE) — Capital Bank is delighted to announce the appointment of Jennings “Jay” Walker as the new Chief Financial Officer (CFO) for Capital Bancorp, Inc. and Capital Bank, N.A. With an impressive background in accounting, corporate finance and strategy, Jay will officially join the organization on June 26, 2023, reporting directly to Ed Barry, the CEO. Jay brings a wealth of experience, having held key positions during his 12+ years at Seacoast Bank, a leading Florida headquartered public bank with assets exceeding $10 billion. Previously serving as EVP, Treasurer and Head of Corporate Strategy, he played a pivotal role in driving organic growth and helping lead several strategic mergers and acquisitions (M&A). Jay’s experience also includes managing interest rate and liquidity...

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