Day: May 21, 2024

Timbercreek Financial Corp. Announces $40 Million Bought Deal Offering of Convertible Debentures and Redemption of 5.30% Convertible Unsecured Subordinated Debentures

SHELF PROSPECTUS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, May 21, 2024 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (“Timbercreek” or the “Company”) today announced that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc. and TD Securities Inc. pursuant to which the underwriters will purchase $40 million aggregate principal amount of 7.50% convertible unsecured subordinated debentures of the Company due June 30, 2029 (the “Debentures”) at a price of $1,000 per Debenture (the “Offering”). The Company has also granted to the underwriters an over-allotment option to purchase up to an additional $6 million...

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TransAlta Achieves Commercial Operation of 200 MW Horizon Hill Wind Facility, increasing its United States Renewables Fleet to over 1 GW

CALGARY, Alberta, May 21, 2024 (GLOBE NEWSWIRE) — TransAlta Corporation (“TransAlta” or the “Company”) (TSX: TA) (NYSE: TAC) announced today that the 200 MW Horizon Hill Wind Project (“Horizon Hill”), located in Logan County, Oklahoma, has achieved commercial operation. The facility is fully contracted to Meta Platforms Inc. (“Meta”), which is receiving both clean electricity and environmental attributes from the new facility. “Since 2020, Meta has supported its global operations with 100 per cent wind and solar energy. As our footprint grows, it’s key that we find strong partners who can help us continue to meet that goal by bringing new renewable energy to the grid,” said Urvi Parekh, head of renewable energy at Meta. “We are excited to partner with TransAlta to help power our operations with clean electricity.” “We...

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Ryman Hospitality Properties, Inc. to Present at the 2024 REITweek Conference – Tuesday, June 4, 2024, 2:15 p.m. ET

NASHVILLE, Tenn., May 21, 2024 (GLOBE NEWSWIRE) — Ryman Hospitality Properties, Inc. (NYSE: RHP) (“RHP”), a leading lodging and hospitality real estate investment trust that specializes in group-oriented, upscale convention center resorts and country music entertainment experiences, today announced that it will present to investors attending the 2024 REITweek Conference being held in New York, NY, on Tuesday, June 4, at 2:15 p.m. ET. Mark Fioravanti, President and Chief Executive Officer, will participate in an analyst-led roundtable discussion. Jennifer Hutcheson, Chief Financial Officer, and Sarah Martin, Vice President of Investor Relations, will also attend the conference. The presentation will be webcasted and can be accessed on Ryman Hospitality Properties’ website at ir.rymanhp.com. To listen to the webcast, please visit...

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IAMGOLD Announces US$300 Million Bought Deal Financing

BASE SHELF PROSPECTUS IS ACCESSIBLE, AND PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE ON SEDAR+ WITHIN TWO BUSINESS DAYS TORONTO, May 21, 2024 (GLOBE NEWSWIRE) — IAMGOLD Corporation (“IAMGOLD” or the “Company”) today announced that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Markets, BMO Capital Markets and RBC Capital Markets pursuant to which they have agreed to purchase, on a bought deal basis, 72,000,000 common shares of the Company at a price of US$4.17 per common share (the “Offering Price”), for aggregate gross proceeds to the Company of approximately US$300 million (the “Offering”). The underwriters will also have the option, exercisable in whole or in part, at any time up to 30 days following the closing of the Offering, to purchase up to an additional 10,800,000 common...

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MRC Global Publishes 2024 Sustainability Report

HOUSTON, May 21, 2024 (GLOBE NEWSWIRE) — MRC Global Inc. (NYSE: MRC), the leading global distributor of pipe, valves, fittings and infrastructure products and services to diversified energy, industrial and gas utilities end-markets, has published its 2024 Sustainability Report on www.mrcglobal.com. The 2024 Sustainability Report describes MRC Global’s strategic efforts to: Advance the Energy Transition Minimize Greenhouse Gases (“GHG”) and Reduce Pollution Reduce its Carbon Footprint Maintain a Safe Workplace Develop a Diverse Workforce and Inclusive Workplace Govern Climate Risks and Opportunities “We continue to demonstrate our commitment to operating a sustainable, ethical, and efficient business to the benefit of our customers and other stakeholders. Our seventh annual Sustainability Report highlights the advances we have...

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URBN Reports Record Q1 Sales and Earnings

PHILADELPHIA, May 21, 2024 (GLOBE NEWSWIRE) — Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands including the Anthropologie, Free People, FP Movement, Urban Outfitters and Nuuly brands, today announced net income of $61.8 million and record first quarter earnings per diluted share of $0.65 for the three months ended April 30, 2024. For the three months ended April 30, 2024, adjusted net income was $65.5 million and adjusted earnings per diluted share were $0.69. Adjusted net income and earnings per diluted share for the three months ended April 30, 2024, excludes store impairment and lease abandonment charges. See “Reconciliation of Non-GAAP Financial Measures” included at the end of this release. Total Company net sales for the...

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Nokia Corporation: Repurchase of own shares on 21.05.2024

Nokia CorporationStock Exchange Release21 May 2024 at 22:30 EEST Nokia Corporation: Repurchase of own shares on 21.05.2024 Espoo, Finland – On 21 May 2024 Nokia Corporation (LEI: 549300A0JPRWG1KI7U06) has acquired its own shares (ISIN FI0009000681) as follows: Trading venue (MIC Code) Number of shares Weighted average price / share, EUR* XHEL 387,345 3.53 CEUX – – BATE – – AQEU – – TQEX – – Total 387,345 3.53 * Rounded to two decimals On 25 January 2024, Nokia announced that its Board of Directors is initiating a share buyback program to return up to EUR 600 million of cash to shareholders in tranches over a period of two years. The first phase of the share buyback program in compliance with the Market Abuse Regulation (EU) 596/2014 (MAR), the Commission Delegated Regulation...

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Results of Unifiedpost Group Annual General Meeting on 21 May 2024

PRESS RELEASE – Regulated Information La Hulpe, Belgium – 21 May 2024, 9:30 p.m. CET – Regulated Information – Unifiedpost Group SA (Euronext Brussels: UPG) (Unifiedpost, Group), a leading provider of integrated business communications, today announced the outcome of its Annual General Meeting (AGM) held on 21 May 2024. This evening, Unifiedpost Group held its AGM, with 80,29% shareholder participation. All agenda items (here) received the required majority of votes in favour of the Board of Directors’ recommendations (here). In particular, the candidate directors proposed by Alychlo SA did not obtain the required majority at the AGM to be elected as directors of the company, and the majority of the shareholders voted against Alychlo SA’s proposal to dismiss AS Partners BV and First Performance AG as directors.  The...

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Lincoln Educational Services to Highlight Growth Drivers and Business Momentum at Several Upcoming Industry and Investor Events

Parsippany, NJ, May 21, 2024 (GLOBE NEWSWIRE) — Lincoln Educational Services Corporation (Nasdaq: LINC), a national leader in specialized technical training for more than 75 years, today announced that Scott Shaw, President and CEO, and Brian Meyers, Chief Financial Officer, will be attending several investor conferences and meetings in May and June, highlighting the continued business momentum and growth drivers generating increased shareholder valuation. May 22nd and 23rd – B. Riley Securities 24th Annual Institutional Investor Conference in Beverly Hills, CA will be holding a fireside chat with Mr. Shaw on Thursday, May 23rd at 1pm PT (4pm ET). One-on-one meetings with management may also be arranged. May 30th – Lytham Partners Spring 2024 Investor Conference. A webcasted presentation will take place at 2:00 p.m....

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Initial response to the short seller report published on May 21st 2024

NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) — ODDITY Tech Ltd. (NASDAQ: ODD) While ODDITY doesn’t engage with self-interested short sellers and hostile interests, the level of deep misinformation in this report cannot go unanswered. ODDITY fundamentally rejects the short seller report. The allegations contained in the report by NINGI Research are based on demonstrable factual inaccuracies, incorrect assumptions, and unfounded and malicious speculation. The short seller report was published without any involvement by ODDITY. The main allegation in the report that the Israeli brick-and-mortar business is a significant portion of ODDITY’s revenue and EBITDA is a complete falsehood. ODDITY’s parent company is an Israeli entity, a fact that could have led to the fundamental misunderstanding in the report regarding the source of our group...

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