Day: June 17, 2024

Purpose Investments Inc. Announces June 2024 Distributions

Purpose Investments Inc. Announces June 2024 Distributions

TORONTO, June 17, 2024 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of June 2024 for its open-end exchange-traded funds and closed-end funds (“the Funds”). The ex-distribution date for all Open-End Funds is June 26, 2024. The ex-distribution date for all Closed-End Funds is June 28, 2024. Open-End Funds Ticker Symbol Distribution per share/unit Record Date Payable Date Distribution Frequency Apple (AAPL) Yield Shares Purpose ETF – ETF Units APLY $0.1667 06/26/2024 07/03/2024 Monthly Purpose Canadian Financial Income Fund – ETF Series BNC $ 0.1225¹ 06/26/2024 07/03/2024 Monthly Purpose Global Bond Fund – ETF Units BND $0.0712 06/26/2024 07/03/2024 Monthly Berkshire Hathaway (BRK) Yield Shares Purpose ETF – ETF Units BRKY $0.1000 06/26/2024 07/03/2024 Monthly Purpose...

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Solar Alliance closes shares for debt settlements

Solar Alliance closes shares for debt settlements

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ TORONTO and KNOXVILLE, Tenn., June 17, 2024 (GLOBE NEWSWIRE) — Solar Alliance Energy Inc. (‘Solar Alliance’ or the ‘Company’) (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and industrial solar sector, announces that it has closed: (a) the debt transaction with certain directors of the Company, as previously announced on March 1, 2024 (the “First Debt Settlement”) and (b) the debt transaction with Tom Anderson, an Insider of the Company, as previously announced on May 15, 2024 (the “Second Debt Settlement”, and together with the First Debt Settlement, the “Debt Settlements”) Under the First Debt Settlement, the Company settled aggregate debt of $160,000 accrued liabilities for directors’ fees owed to certain...

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Nevada Copper Provides Update on Chapter 11 Bankruptcy Process and Management Appointments

Nevada Copper Provides Update on Chapter 11 Bankruptcy Process and Management Appointments

YERINGTON, Nev., June 17, 2024 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) and its subsidiaries (collectively, “Nevada Copper” or the “Company”) today announced an update on its Chapter 11 bankruptcy process and management appointments. The Company has received orders from the Bankruptcy Court of the District of Nevada, including interim approval of its debtor-in-possession financing, through which the Company has been authorized to proceed with an initial borrowing of US$20 million under its previously announced US$60 million debtor-in-possession financing commitment. This borrowing will fund the Company’s care and maintenance and other requirements during the Chapter 11 process. The Company intends to seek a final order approving the remainder of the borrowing to provide it with liquidity for the...

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Kroll Bond Rating Agency Maintains Dime’s Outlook at “Stable” and Affirms Ratings

Kroll Bond Rating Agency Maintains Dime’s Outlook at “Stable” and Affirms Ratings

HAUPPAUGE, N.Y., June 17, 2024 (GLOBE NEWSWIRE) — Dime Community Bancshares, Inc. (the “Company” or “Dime”) (NASDAQ: DCOM), the parent company of Dime Community Bank (the “Bank”), announced that Kroll Bond Rating Agency (“KBRA”) has affirmed all ratings of Dime Community Bancshares, Inc. and Dime Community Bank. KBRA affirmed the Bank’s senior unsecured debt rating of “BBB+” and the Company’s senior unsecured debt rating of “BBB”. The Outlook for all long-term ratings is “Stable”. According to the KBRA report: The ratings are supported by Dime’s outperformance with regard to credit quality over a long period of time, including multiple economic cycles, with a cumulative NCO ratio of below 15 bps since 2007. KBRA noted Dime’s conservative underwriting and management’s knowledge of local markets and borrowers. KBRA also recognized...

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Plains All American Announces Pricing of Public Offering of $650 Million of Senior Notes

Plains All American Announces Pricing of Public Offering of $650 Million of Senior Notes

HOUSTON, June 17, 2024 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (NYSE: PAA) today announced that it and PAA Finance Corp., a wholly-owned subsidiary of PAA, as co-issuer, have priced an underwritten public offering (the “Offering”) of $650 million aggregate principal amount of 5.700% senior unsecured notes (the “Notes”) due 2034 at a price to the public of 99.953% of their face value. The Offering is expected to close on June 27, 2024, subject to the satisfaction of customary closing conditions. PAA intends to use the net proceeds of approximately $643.3 million from the Offering to repay a portion of the $750 million outstanding principal amount of its 3.60% senior notes due 2024, together with any accrued and unpaid interest, on or prior to their maturity date in November 2024, and, pending such repayment, for general...

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CLM Announces 2024 AGM Results

CLM Announces 2024 AGM Results

TORONTO, June 17, 2024 (GLOBE NEWSWIRE) — Consolidated Lithium Metals Inc. (TSXV: CLM | OTCQB: JORFF | FRA: Z36) (“CLM” or the “Company”) reports that the nominees listed in the Management Information Circular dated May 15, 2024, (the “Circular”) for the 2024 Annual and Special Meeting of Shareholders of the Company (the “Meeting”) were elected as directors of the Company. A total of 25.42% of all of the issued and outstanding shares of the Company were represented at the Meeting. Detailed results of the vote for the election of directors held at the Meeting on June 14, 2024, in Toronto, Ontario are set out below. Election of Directors The shareholders approved the election as directors of the persons listed below, based on the following vote. Board of Director Nominees % Votes For % Votes Against Brett Lynch 98.961% 1.039% Richard...

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Euro Sun Mining Inc. Announces 2024 AGM Voting Results and Other Updates

Euro Sun Mining Inc. Announces 2024 AGM Voting Results and Other Updates

TORONTO, June 17, 2024 (GLOBE NEWSWIRE) — Euro Sun Mining Inc., (TSX: ESM) (“Euro Sun” or the “Company”) is pleased to provide the voting results from the Annual General and Special Meeting of shareholders in accordance with the policies of the Toronto Stock Exchange. The Company announces that the nominees listed in the management proxy circular dated May 10, 2024 (the “Circular”) for the 2024 annual general and special meeting of shareholders of the Company (the “Meeting”) were elected as directors of the Company. Shareholders at the Meeting also approved the appointment of the Company’s auditors. Detailed results of the vote for the election of directors held at the Meeting on June 17, 2024 in Toronto, Ontario are set out below. Election of Directors The shareholders approved the election as directors of the persons listed...

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Brookfield Corporation Announces Pricing of $450 Million Notes Due 2035 and $200 Million Re-Opening of Notes Due 2054

Brookfield Corporation Announces Pricing of $450 Million Notes Due 2035 and $200 Million Re-Opening of Notes Due 2054

BROOKFIELD, NEWS, June 17, 2024 (GLOBE NEWSWIRE) — Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $450 million principal amount of senior notes due 2035 (the “2035 notes”), which will bear interest at a rate of 5.675% per annum, and the pricing of a $200 million re-opening of its 5.968% notes due 2054 (the “2054 notes” and together with the 2035 notes, the “notes”). The 2054 notes will form part of the same series as the already outstanding US$750 million principal amount of 5.968% notes due 2054 (the “existing notes”), which were issued on March 4, 2024. After giving effect to the re-opening, the aggregate principal amount of the series will be US$950 million. The terms of the 2054 notes will be identical to the existing notes, other than the issue date and the issue...

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Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend CloudMD Shareholders Vote FOR the Proposed Go-Private Transaction with CPS Capital

Independent Proxy Advisory Firms, ISS and Glass Lewis, Recommend CloudMD Shareholders Vote FOR the Proposed Go-Private Transaction with CPS Capital

TORONTO, June 17, 2024 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, Frankfurt: 6PH) (the “Company” or “CloudMD”), is pleased to announce that Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. (“Glass Lewis”), two leading independent proxy advisory firms, have each recommended that CloudMD shareholders (“Shareholders”) vote “FOR” the proposed go-private transaction of CloudMD with 1480775 B.C. Ltd., an affiliate of CPS Capital LP (a private equity investment firm) pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”). The ISS report states that, among other things, “the Arrangement makes strategic sense, and the cash consideration provides both certain and immediate value to an investor base which might not otherwise have the...

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ERES REIT Declares June 2024 Monthly Distribution

ERES REIT Declares June 2024 Monthly Distribution

TORONTO, June 17, 2024 (GLOBE NEWSWIRE) — European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the June 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “June Distribution”), being equivalent to €0.12 per Unit annualized. The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on June 28, 2024, with payment on July 15, 2024. The Euro-denominated distribution will be paid in Canadian dollars based on the exchange rate on the date of payment (estimated C$0.01479 per Unit and Class B LP Unit). Registered Unitholders will be provided with an option to elect to receive such distribution in Euros rather than Canadian dollars. If no such election is made, registered Unitholders...

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