Day: October 18, 2024

Tims China Joins ESG Global Leaders Summit

Written by Customer Service on . Posted in Public Companies.

SHANGHAI, Oct. 17, 2024 (GLOBE NEWSWIRE) — TH International Limited (NASDAQ THCH), the exclusive operator of Tim Hortons coffee shops in China (“Tims China” or the “Company”) participated in the Fourth ESG Global Leaders Summit in Shanghai this week. Tims China was the coffee sponsor of the conference, showcasing its innovations in the sustainable consumer sector in China. Yongchen Lu, CEO of Tims China, took part in a panel discussion titled “Consensus on New Green Consumption Concepts.” (From left to right: the thematic panel, Yongchen Lu during the panel discussion, Tims China coffee booth, guests in line for Tims China coffee) Yongchen commented “Tims China is consistently and keenly focused on sustainable development. From recyclable coffee cups and packaging materials to the use of coffee grounds and pre-used...

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Maxim Power Corp. Announces Voluntary Repayment of Senior Credit Facility

Written by Customer Service on . Posted in Public Companies.

CALGARY, Alberta, Oct. 17, 2024 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the voluntary repayment of amounts owing within the Senior Credit Facility. The Corporation has voluntarily repaid the outstanding principal on both the Fixed Rate Construction Facility and the Bank Term Facility #1, within the Senior Credit Facility, for a total principal repayment of $49.9 million. As a result, the Fixed Rate Construction Facility and the Bank Term Facility #1 are reduced to nil and no longer available. There are no other changes to the Senior Credit Facility and as such, the combined capacity of Revolver Facility #1 and Letter of Credit Facility #1 remain unchanged at $19.1 million, with $6.2 million currently used to issued cash collateralized letters of credit....

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Maxim Power Corp. Announces Voluntary Repayment of Senior Credit Facility

Written by Customer Service on . Posted in Public Companies.

CALGARY, Alberta, Oct. 17, 2024 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the voluntary repayment of amounts owing within the Senior Credit Facility. The Corporation has voluntarily repaid the outstanding principal on both the Fixed Rate Construction Facility and the Bank Term Facility #1, within the Senior Credit Facility, for a total principal repayment of $49.9 million. As a result, the Fixed Rate Construction Facility and the Bank Term Facility #1 are reduced to nil and no longer available. There are no other changes to the Senior Credit Facility and as such, the combined capacity of Revolver Facility #1 and Letter of Credit Facility #1 remain unchanged at $19.1 million, with $6.2 million currently used to issued cash collateralized letters of credit....

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Tims China Announces Q3 2024 Results Date & Conference Call

Written by Customer Service on . Posted in Public Companies.

SHANGHAI, and NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) — TH International Limited (“Tims China” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops in China, plans to release its third quarter results before market opening on Tuesday November 12, 2024, with a conference call to follow at 8:00 AM EST or 9:00 PM China Standard Time. The conference call will be webcast, and can be accessed on the company website at https://ir.timschina.com/events-presentations/presentations-webcasts. ABOUT TH INTERNATIONAL LIMITED TH International Limited (Nasdaq: THCH) (“Tims China”) is the parent company of the exclusive master franchisees of Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. Tims China was founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Restaurant Brands...

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