Companies also announce completion of private placement financing TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) — Timbercreek Alternatives LP, a subsidiary of Timbercreek Capital, and Aspen Properties today announced the closing of the previously announced acquisition of the 1 Palliser Square Office Building in Calgary, Alberta for the purpose of converting approximately 418,000 square feet of office into 418 residential units and amenities. 1 Palliser Square is a 27-storey, vacant B-class office building centrally located next to the Calgary Tower, with direct access to residential amenities, entertainment and transit. The project is part of the City of Calgary’s Downtown Development Incentive Program designed to transform vacant office space into new rental housing stock. 1 Palliser Office-to-Residential Project Highlights:418 rental...

ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of FCF Advisors (“FCF”), a New York-based asset manager and index provider specializing in free cash flow-focused investment strategies. The acquisition of FCF, which currently has approximately $850 million in assets under management, constitutes a significant milestone in Abacus’ ongoing expansion of ABL Wealth and its suite of products. “We are excited to complete this strategic acquisition and welcome FCF Advisors to the Abacus Life family,” said Jay Jackson, CEO of Abacus Life. “The addition of FCF Advisors significantly...

TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) — Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) (FSE: 4EF0) is pleased to announce it has significantly increased its presence in the critical minerals sector by signing binding letters of intent (the “LOI”) with three separate entities (collectively the “Vendors”) to acquire 100% interest in a large, belt-scale antimony-gold project covering 13,990.90 hectares over 697 claims. The Howells Lake Antimony Gold Project (“Howells Lake Project”) is located in the Howells Lake area in the Thunder Bay Mining Division of Ontario, Canada. Antimony, for which the price has tripled in the past year, is right now arguably one of the most attractive critical minerals in the world, and the Howells Lake Project provides Madison with one of only a handful of antimony historic...

OKOTOKS, Alberta, Dec. 02, 2024 (GLOBE NEWSWIRE) — (TSX: MTL) Mullen Group Ltd. (“Mullen Group“, “We“, “Our” and/or the “Corporation“) is pleased to announce that it has acquired Pacific Northwest Investments Inc. including its subsidiary Pacific Northwest Moving (Yukon) Limited (“PNW“). A definitive share purchase agreement was signed, and the acquisition closed on December 1, 2024. PNW was established over 50 years ago and has a long history of servicing customers in the Yukon Territory and the Province of Alberta. Operating from two owned terminals in Whitehorse, YT and Edmonton, AB (“Owned Facilities“), PNW offers multiple less-than-truckload (“LTL“) solutions to its customer base including temperature controlled, dry van and deck as well as...

TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) (“Aecon” or the “Company”) announced today that its subsidiary, Aecon Utilities Group Inc. (“Aecon Utilities”), has acquired Ainsworth Power Construction (“APC”), an electrical services and power systems business unit of Ainsworth, headquartered in Toronto, Ontario, from GDI Integrated Facility Services (the “Transaction”). APC’s management and operational teams are joining Aecon Utilities through the transaction, which is being financed through Aecon Utilities’ standalone committed revolving credit facility. APC has over 80 employees and 80 years of experience as a comprehensive technical services contractor for electrical utility clients, primarily in Ontario. The majority of APC’s revenues are recurring in nature and are conducted under long-term Master Service...

CONCORD, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) — AssetMark, Inc., a leading provider of wealth management and technology solutions for financial advisors, today announced the close of its acquisition of Morningstar Wealth’s Turnkey Asset Management Platform (TAMP) assets. This acquisition, a key milestone in the strategic alliance between AssetMark and Morningstar Wealth, brings approximately $12 billion in assets to AssetMark’s platform, broadening its array of investment solutions for financial advisors and their clients. “The alliance between Morningstar Wealth and our acquisition of their TAMP assets marks a significant milestone for our company, our advisors, and their clients,” said Michael Kim, President and CEO of AssetMark. “We are thrilled to welcome advisors that currently utilize Morningstar Wealth to the AssetMark...

ORLANDO, Fla., Dec. 02, 2024 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to offer uncorrelated investment opportunities, today announced it has completed the acquisition of Carlisle Management Company S.C.A. (“Carlisle”), a leading Luxembourg-based investment fund manager in the life settlement space with over U.S. $2 billion in assets under management. The Carlisle acquisition marks a key milestone in Abacus’s stated strategy to drive long-term growth and diversify its value proposition through expanded global alternative asset-management offerings. With the completion of this transaction, Jose Garcia, CEO of Carlisle, joins the Abacus Life Executive Leadership Team. “We are...

Seralutinib becomes XOMA Royalty’s seventh Phase 3 royalty asset, further building the late-stage pipeline beyond its six current commercial royalty assets Seralutinib is being developed and co-commercialized by Gossamer Bio, Inc., and Chiesi Farmaceutici S.p.A; a Phase 3 study for pulmonary arterial hypertension is ongoing and is expected to read out in the fourth quarter of 20251 XOMA Royalty has the potential to net up to $25 million in milestone payments and earn a low to mid-single digit royalty EMERYVILLE, Calif., Dec. 02, 2024 (GLOBE NEWSWIRE) — XOMA Royalty Corporation (NASDAQ: XOMA) announced today it now owns an economic interest in seralutinib, a Phase 3 asset being studied in pulmonary arterial hypertension (PAH), through its acquisition of Pulmokine Inc., a privately held company.  In 2017, Pulmokine licensed seralutinib...

Westford USA, Dec. 02, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Debt Collection Software market size will attain a value of USD 2.23 billion by 2031, with a CAGR of 9.10% over the forecast period (2024-2031). Rapidly increasing volume of outstanding debt around the world and growing demand for better debt recovery solutions and services are all forecasted to bolster debt collection software market growth in the future. Growing emphasis on minimizing the risk of bad debt will also increase the demand for debt collection software over the coming years. Download a detailed overview: https://www.skyquestt.com/sample-request/debt-collection-software-market Browse in-depth TOC on “Debt Collection Software Market”Pages – 197 Tables – 59 Figures – 75Debt Collection Software Market Overview:Report...

Westford, USA, Dec. 02, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Email Security Market size will attain a value of USD 23.09 billion by 2031, with a CAGR of 14% over the forecast period (2024-2031). Growing prevalence of cyberattacks and increasing sophistication of the same are primarily driving email security market growth. The surge in the adoption of the BYOD (Bring Your Own Device) trend and increasing emphasis on securing email pathways to bolster overall cybersecurity are also estimated to benefit email security demand going forward. Download a detailed overview: https://www.skyquestt.com/sample-request/email-security-market Browse in-depth TOC on “Email Security Market”Pages – 197 Tables – 88 Figures – 76Email Security Market Overview:Report Coverage DetailsMarket Revenue in...