Day: November 8, 2024
CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) — Maxim Power Corp. (“MAXIM” or the “Corporation”) (TSX: MXG) announced today the declaration of a $0.50 per share special dividend, the release of financial and operating results for the third quarter ended September 30, 2024, an amendment of the Senior Credit Facility, and conversion and termination of the Convertible Loan Facility. The unaudited condensed consolidated interim financial statements, accompanying notes and Management’s Discussion and Analysis (“MD&A”) will be available on SEDAR+ and on MAXIM’s website on November 7, 2024. All figures reported herein are Canadian dollars unless otherwise stated.
FINANCIAL HIGHLIGHTS
Three Months Ended September 30,
Nine Months EndedSeptember 30,
($ in thousands except per share amounts)
2024
2023
2024
2023
Revenue...
FC Private Equity Realty Management Corp. and Telsec Property Corporation Announce Acquisitions of Melcor REIT Trust Units and Remind Minority Unitholders of Mini Tender Offer
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) — Telsec Property Corporation (“Telsec“), a corporation controlled by Dick Van Grieken, and FC Private Equity Realty Management Corp. (“Firm Capital” and together with Telsec, the “Offerors“) are pleased to announce that since October 22, 2024 they have collectively acquired 237,490 trust units (“Trust Units“) of Melcor Real Estate Investment Trust (“Melcor REIT“) through both the facilities of the Toronto Stock Exchange (“TSX“) and the mini-tender offer proposed by the Offerors (the “Tender Offer“) to unitholders of Melcor REIT other than Melcor Developments Ltd. (“Melcor Parent“) and any related party of Melcor REIT or Melcor Parent (“Minority Unitholders“).
As a result of these acquisitions,...
Canoe Financial LP Announces Portfolio Management Changes
Written by Customer Service on . Posted in Public Companies.
CALGARY, Alberta, Nov. 07, 2024 (GLOBE NEWSWIRE) — Canoe Financial LP (“Canoe Financial”) announced today that PineStone Asset Management Inc. (“PineStone”) will replace Fiera Capital Corporation (“Fiera”) as sub-advisor for the following funds:
Canoe Defensive Global Equity Fund
Canoe Defensive International Equity Fund
Canoe Defensive U.S. Equity Portfolio Class
Canoe Global Equity Fund
PineStone, which currently acts as a sub-advisor to Fiera for the funds, will assume direct sub-advisory responsibilities as a result of this change.
Canoe Financial also announced that it will appoint Nalmont Capital Inc. (“Nalmont”) as a sub-advisor, replacing Fiera, to provide risk management advisory for the following funds:
Canoe Defensive Global Balanced Fund
Canoe Defensive Global Equity Fund
Canoe Defensive International Equity Fund
Canoe...