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Showing posts from September, 2021

Kinross to announce Q3 results on November 10, 2021

TORONTO, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) will release its financial statements and operating results for the third quarter of 2021 on Wednesday, November 10, 2021, after market close. On Thursday, November 11, 2021 at 8:00 a.m. ET Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session. The call-in numbers are as follows: Read More from Financial Post https://ift.tt/3onv1ko

Goldmoney Inc. Announces Results of 2021 Annual General Meeting of Shareholders

TORONTO, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Goldmoney Inc. (TSX:XAU) (US:XAUMF) (“Goldmoney” or the “Company”) is pleased to announce the results of its annual general meeting of shareholders (the “Meeting”), held in Toronto on September 13, 2021. A total of 36,933,337 common shares, representing 48.7% of the issued and outstanding common shares of the Company, were represented at the meeting. Read More from Financial Post https://ift.tt/2Y4GREG

JAMPRO to Host Virtual Investment Conference

KINGSTON, Jamaica -- The Jamaica Promotions Corporation (JAMPRO) will be staging Explore: Do Business Jamaica Virtual Investment Conference (DBJVIC) from November 17 – 18, 2021 to introduce local and international investors to business opportunities in the island’s growing industries. Read More from Financial Post https://ift.tt/3usEuYr

CI Financial Completes Acquisition of US$5.2-Billion Silicon Valley RIA Portola Partners

MIAMI & TORONTO & MENLO PARK, Calif. -- CI Financial Corp. (“CI”) (TSX: CIX, NYSE: CIXX) today announced it has completed the acquisition of Portola Partners Group LLC (“Portola Partners” or “Portola”), a Silicon Valley wealth management firm dedicated to serving the financial needs of ultra-high-net-worth families. Read More from Financial Post https://ift.tt/3zZu6Zv

New money: Central banks from Canada to Japan lay out operating manual for digital cash

LONDON — A group of central banks, including the Bank of Canada, sketched out a potential operating manual for digital cash on Thursday as they aim to strike a balance between keeping up with cryptocurrencies and concerns that the new technology could upend commercial lenders. Read More from Financial Post https://ift.tt/3oiWKmh

Activist investor Elliott owns ‘significant’ stake in Toshiba as review conducted

NEW YORK/TOKYO -- Hedge fund Elliott Management said it owns a "significant" stake in troubled Japanese industrial conglomerate Toshiba Corp, which is conducting a strategic review amid pressure from other investors that could include a sale of the company. Read More from Financial Post https://ift.tt/3F39Dqq

CUPE Nova Scotia Calls for Consultation and Balanced Approach to Implementation of Vaccine Mandate

HALIFAX, Nova Scotia -- The union representing more than 11,000 health care workers and 4,800 education support workers in Nova Scotia is calling on the provincial government and employers to take a balanced approach to implementing the COVID-19 vaccine mandate, announced today by Premier Tim Houston and Dr. Robert Strang. Read More from Financial Post https://ift.tt/3a4cgKx

Affinor Growers Announces Delay in Filing Annual Financial Statements

VANCOUVER, British Columbia, Sept. 29, 2021 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (“ Affinor ” or the “ Company ”) (CSE: AFI OTCQB: RSSFF) announces that the filing of its audited annual financial statements for the year ended May 31, 2021, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the “ Annual Financial Filings ”) were not filed by the required filing deadline of September 28, 2021 (the “ Filing Deadline ”). The Annual Financial Filings are late due to unforeseen delays in the completion of the Company’s audit. Read More from Financial Post https://ift.tt/3zSMZ0b

GetSwift Announces Delay in Filing 2021 Annual Filings; Provides Update Regarding Proposed Settlement of Australian Class Action

NEW YORK -- GetSwift Technologies Limited (NEO: GSW) (“GetSwift” or the “Company”), a leading provider of last mile SaaS logistics technology, announces that due to additional time being required by the Company’s auditor (the “ Auditor ”) to complete its audit procedures, the Company anticipates that it will not be able to file its audited annual financial statements for the year ended June 30, 2021 and related management’s discussion and analysis (collectively, the “ 2021 Annual Financial Statements ”), the Company’s Annual Information Form for the year-ended June 30, 2021 (the “ AIF ”), and the CEO and CFO certifications to be delivered in respect of the 2021 Annual Financial Statements and the AIF (the “ Certifications ”) by the deadline on September 28, 2021. Read More from Financial Post https://ift.tt/3a0vukd

Falco Provides Update On Non-Brokered Private Placement

MONTREAL, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Falco Resources Ltd. (TSX-V: FPC) (“ Falco ” or the “ Company ”) reports that it continues to be in discussions with one of its shareholders in connection with its previously announced proposed non-brokered private placement (the “ Private Placement ”) of up to 12,500,000 units (the “ Units ”) at a price of C$0.40 per Unit, for gross proceeds of up to C$5 million. The Company expects to be able to complete the Private Placement on or before October 28, 2021, subject to the receipt of all necessary approvals, including the internal approvals required to be obtained by the proposed investor and the approval of the TSX Venture Exchange. Read More from Financial Post https://ift.tt/3ul4p4f

dMY Technology Group III Stockholders Approve Business Combination with IonQ

LAS VEGAS -- dMY Technology Group III (the “Company” or “dMY III”) (NYSE: DMYI) announced today that its stockholders have approved all proposals related to the previously announced business combination (the “Business Combination”) with IonQ, a leader in quantum computing, at a special meeting of its stockholders held today, September 28, 2021. Approximately 97% of the votes cast at the meeting on the Business Combination proposal, representing approximately 62% of dMY III’s outstanding shares, voted to approve the business combination. dMY III received elections to redeem approximately 2.5% of total shares outstanding. Read More from Financial Post https://ift.tt/3CVpvJS

JPMorgan’s Dimon cautions a U.S. default would be ‘potentially catastrophic’

WASHINGTON -- JPMorgan Chase & Co has begun preparing for the possibility of the United States hitting its debt limit, Chief Executive Jamie Dimon told Reuters on Tuesday, adding he nevertheless expected policymakers to find a solution to avoid that "potentially catastrophic" event. Read More from Financial Post https://ift.tt/39LYOe0

Federal Bank launches contactless credit card

Virtually launching the card, Shalini Warrier, the bank’s executive director & business head- retail, said, “Federal Bank has, yet again, ensured that the mantra of ‘Digital at the fore, human at the core’ comes to life via this latest offering, the RuPay credit card. from The Financial Express https://ift.tt/3zLvYFb

Generali’s board to back new mandate for CEO Donnet – sources

MILAN -- The board of Assicurazioni Generali decided on Monday to back the reappointment of current CEO Philippe Donnet as part of a slate of nominees it will put forward next spring when shareholders in Italy's biggest insurer vote to name a new board, two sources close to the matter said. Read More from Financial Post https://ift.tt/3odCQsW

The venture growth segment remains relatively untapped: Sameer Nath, Managing Partner, TrueScale Capital

Axio operates in a $12 billion global market that has seen limited innovation. It is delivering pathbreaking products across 40+ countries eliminating technology risk, and it has secured two US FDA and two EU CE approvals eliminating regulatory risk. from The Financial Express https://ift.tt/3ETTyDf

Prospect Ridge Resources Corp. Completes Fully Subscribed Non-Brokered Private Placement for $6 Million Dollars

VANCOUVER, British Columbia, Sept. 26, 2021 (GLOBE NEWSWIRE) -- Prospect Ridge Resources Corp. (CSE: PRR) (OTC Pink: PRRSF) (" Prospect ” or the " Company ") announces that further to its news release dated August 27, 2021, the Company has closed its $0.35 unit private placement (the “ Private Placement ”) for gross proceeds of approximately $6 million. The Company issued 17,142,856 units (the “ Units ”), with each unit consisting of one common share in the capital of the Company (a “ Share ”) and one-half of one Share purchase warrant (a “ Warrant ”). Each whole Warrant will entitle the holder, on exercise thereof, to purchase one additional Share of the Company at a price of $0.70 per Share for a period of 18 months from the date of issuance, subject to a forced exercise clause in the event that the trading price of the Shares equals or exceeds $1.15 for 10 consecutive days. Read More from Financial Post https://ift.tt/3kG8sFi

German SPD edges ahead of conservatives in vote to decide Merkel successor

BERLIN -- Germany's Social Democrats came first by a narrow margin in Sunday's national election, projected results showed, putting them in pole position to lead a government for the first time since 2005 and to end 16 years of conservative-led rule under Angela Merkel. Read More from Financial Post https://ift.tt/3oaCXp2

Tapering Doesn’t Mean Tightening for Central Bank Money Printers

(Bloomberg) -- Global monetary policy looks set to stay super easy well into 2022 even as central banks edge closer to dialing back their emergency support in the face of mounting inflation pressures.In the last week, the U.S. Federal Reserve signaled it will start paring its massive bond-buying as soon as November and the Bank of England hinted for the first time that it may raise interest rates this year. Norway became the first developed economy to hike and borrowing costs were also increased in Brazil, Paraguay, Hungary and Pakistan.  Read More from Financial Post https://ift.tt/3AHyYU9

CUPE 4070 Members Ratify New Contract With Swoop

CALGARY, Alberta -- CUPE Flight Attendants working at Swoop, WestJet’s ultra low cost carrier, have signed off on their first collective bargaining agreement. Members voted today to ratify the tentative collective agreement reached in September. The five-year agreement includes wage improvements, and momentum towards industry-standard scheduling and pay rules. Read More from Financial Post https://ift.tt/3ALEchG

Between sips: Good old days are back; life is returning to normal, even with masks on

Pumpkin Tales deserves a mention for its laidback yet food-focused brand of F&B which delivers consistently good Asian (and continental) grub every time at a very affordable price point (shout out for their new dim sum menu and sour dough pizzas a la Chef Chindi). from The Financial Express https://ift.tt/3CLYwjL

China welcomes Huawei executive home, Trudeau hugs Canadians freed by Beijing

SHENZHEN -- Huawei Chief Financial Officer Meng Wanzhou arrived in China on Saturday, ending her near three-year U.S. extradition fight, the same day two Canadians detained by Beijing for more than 1,000 days returned home, potentially paving the way for improved ties between China and the two western allies. Read More from Financial Post https://ift.tt/3ENUCsB

U.S. probes security impact of importing magnets used in fighter jets, missiles

WASHINGTON -- The Biden administration will investigate the possible national security risks of over-relying on imports of certain magnets used in fighter aircraft and missile guidance systems as part of a global supply chain review, the Commerce Department on Friday. Read More from Financial Post https://ift.tt/2Y1KvQ2

Two Fed policymakers say bar for taper met, nod to next debates

A pair of Federal Reserve policymakers on Friday said they felt the U.S. economy is already in good enough shape for the central bank to begin to withdraw support for the economy, setting up for the next big Fed debates: when to raise interest rates and what to do with the Fed's massive balance sheet. Read More from Financial Post https://ift.tt/3CMIrui

Manish Z. Kshatriya appointed CFO; Company Provides Corporate Updates and Invites Investors to Long Beach, California Site Tour

Mr. Kshatriya is currently the Managing Director of a Toronto based Business Advisory firm providing executive management, governance and compliance oversight, and capital markets advisory services to small and mid-market private and publicly listed companies. He has over 20 years of progressive experience in corporate finance, accounting, taxation and auditing obtained in public accounting practice and industry. Read More from Financial Post https://ift.tt/3ENyaQ5

U.S. probes security impact of importing magnets used in fighter jets, missiles

WASHINGTON -- The U.S. Commerce Department on Friday said it would investigate whether national security is threatened by overrelying on imports of certain magnets used in fighter aircraft and missile guidance systems, part of the Biden administration's global supply chain review. Read More from Financial Post https://ift.tt/2XMeLOm

U.S. CDC advisers recommend COVID-19 vaccine boosters for ages 65 and older, those at high risk

A U.S. Centers for Disease Control and Prevention (CDC) advisory panel on Thursday recommended a booster shot of the Pfizer and BioNTech COVID-19 vaccine for Americans aged 65 and older and some adults with underlying medical conditions that put them at risk of severe disease. Read More from Financial Post https://ift.tt/3lS13BZ

Medicenna Appoints Dr. John H. Sampson to its Board of Directors Announces Results of Annual Meeting of Shareholders

TORONTO and HOUSTON, Sept. 23, 2021 (GLOBE NEWSWIRE) -- Medicenna Therapeutics Corp. (“Medicenna” or the “Company”) (NASDAQ: MDNA TSX: MDNA), a clinical stage immuno-oncology company, today announced the appointment of John H. Sampson, MD, PhD, MBA, to its Board of Directors and the voting results from the Company’s annual meeting of shareholders held today, September 23, 2021 (the "Meeting"). Read More from Financial Post https://ift.tt/2W5LMoj

Brompton Funds Declare Distributions

TORONTO, Sept. 23, 2021 (GLOBE NEWSWIRE) -- (TSX: DGS, GDV, GDV.PR.A, LBS, LBS.PR.A, LCS, OSP.PR.A, PWI, PWI.PR.A, SBC, SBC.PR.A) – Brompton Funds announces distributions payable on October 15, 2021 to class A shareholders of record at the close of business on September 30, 2021 for each of the following funds: Read More from Financial Post https://ift.tt/3kDAOQB

NamSys Reports Results of Operations for the Third Quarter, July 31, 2021

TORONTO -- NamSys Inc. (CTZ – TSX-V) today reports the results of operations for the first nine months and the third quarter of fiscal 2021 ended July 31st. All amounts referenced herein are in Canadian dollars. Revenue for the third quarter was $1,231,223 as compared to $1,196,264 for the same period last year; an increase of 2.9%. Net income for the quarter of $328,890 ($0.01 per share) was recorded as compared to $156,638 ($0.01 per share) for the same period last year. Read More from Financial Post https://ift.tt/39wAYmf

Fed’s Powell: ‘Very important’ for Congress to lift debt ceiling

Federal Reserve Chair Jerome Powell on Wednesday said it is "very important" for Congress to raise the federal debt ceiling in a timely fashion, and no one should assume that the central bank can fully protect the economy or financial markets in the event of a U.S. debt default. Read More from Financial Post https://ift.tt/3kDMyTf

Slate Grocery REIT Completes US$390 Million Grocery-Anchored Portfolio Acquisition and Amendment of Management Agreement

TORONTO, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today the closing of its previously announced acquisition (the “Acquisition”) of a US$390 million grocery-anchored portfolio (the “Portfolio”). The Portfolio comprises 25 properties and 3.1 million square feet in major metro markets across the United States. Read More from Financial Post https://ift.tt/39rv1qD

Dividend Growth Split Corp. Announces Successful Overnight Offering

TORONTO, Sept. 22, 2021 (GLOBE NEWSWIRE) -- (TSX: DGS, DGS.PR.A) Dividend Growth Split Corp. (the “Company”) is pleased to announce a successful overnight treasury offering of class A shares and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively). Gross proceeds of the offering are expected to be approximately $60.2 million. The offering is expected to close on or about September 28, 2021 and is subject to certain closing conditions. The Company has granted the Agents (as defined below) an over-allotment option, exercisable for 30 days following the closing date of the offering, to purchase up to an additional 15% of the number of Class A Shares and Preferred Shares issued at the closing of the offering. Read More from Financial Post https://ift.tt/3EFlQkV

America First Multifamily Investors, L.P. Announces Proposed Public Offering of Beneficial Unit Certificates

The Partnership intends to utilize the net proceeds from the offering to acquire additional mortgage revenue bonds, governmental issuer loans, investments in unconsolidated entities and other investments meeting its investment criteria and for general working capital needs. Read More from Financial Post https://ift.tt/3ztztA2

Banks should not ‘try to imitate’ fintech in process of re-imagination of biz models: Ex RBI deputy governor Mundra

Growingly, it is looking like banks are evolving as the fintech companies, which also do the business of accepting deposits and do lending, Mundra said while speaking at the 14th edition of the Banking Colloquium, organised by CII. from The Financial Express https://ift.tt/39EkI2V

Managing account aggregators to be one of the challenges for banks, says SBI MD Setty

"By several years, the Western countries have been talking about open banking. I think the account aggregator is a first step the banking industry in India is going to grapple with that," Setty said while speaking at the 14th edition of the Banking Colloquium, organised by CII on Tuesday. from The Financial Express https://ift.tt/3nVyIxi

Westport Fuel Systems Releases 2020 Environmental, Social and Governance Report

VANCOUVER, British Columbia, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (“ Westport Fuel Systems ” or the “ Company ”) (TSX:WPRT / Nasdaq:WPRT) is pleased to release their 2020 Environmental, Social and Governance (“ ESG ”) Report outlining the Company’s progress and sharing its forward plans to evolve and mature an embedded ESG strategy. This ESG report provides a third year of ESG performance data across our global operations and will be a valuable tool for investors and stakeholders to review Westport Fuel Systems’ key material ESG topics, opportunities and performance. Read More from Financial Post https://ift.tt/3EygojL

EDP Renewables and TC Energy Execute Long-Term Agreement to Add a 297-Megawatt Wind Farm to Alberta

CALGARY, Alberta, Sept. 20, 2021 (GLOBE NEWSWIRE) -- EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables Canada Ltd. (EDPR Canada), and TC Energy Corporation (TSX, NYSX:TRP) (TC Energy or the Company) have executed a 15-year power purchase agreement (PPA) for 100 percent of the output of the 297-megawatt (MW) Sharp Hills Wind Farm, located in the Special Areas municipality near the hamlets of Sedalia and New Bridgen, in the province of Alberta. The PPA will enable the continued development and eventual construction and operations of the wind farm, subject to customary regulatory approvals and conditions. Read More from Financial Post https://ift.tt/3lFzKe5