Business Wire News Releases | The Daily Press
Acquisition of Common Shares of TRU Precious Metals Corp. by Altius Resources Inc.
ST. JOHN’S, Newfoundland and Labrador — Altius Resources Inc. (“Altius”) , a subsidiary of Altius Minerals Corporation (TSX:ALS) (OTCQX:ATUSF) announced today that pursuant to an option agreement dated February 23, 2021 with TRU Precious Metals Corp.(TSXV: TRU) (“TRU”), with its head office at 70 Trius Drive, Fredericton, New Brunswick E3B 5E3, it has the right to acquire 7,140,000 common shares of TRU (the “Shares”) representing approximately 19.9% of the issued and outstanding common shares of TRU upon receipt of the approval of the TSX Venture Exchange (the “TSXV”) in exchange for the grant of an option to acquire by TRU a 100% interest in the mineral claims known as Golden Rose in the Province of Newfoundland and Labrador (the “Option”). In addition, the Option Agreement provides that TRU will issue to Altius an additional 800,000 common shares within one month from the closing date of the transaction contemplated by the Option Agreement, 800,000 common shares on the first anniversary of the Option Agreement and a further 1,400,000 common shares (collectively, the “Additional Shares”) on the second anniversary of the Option Agreement, subject to the approval of the TSXV. If on the dates of issuance of such Additional Shares, the issuance would result in the total number of common shares held by Altius exceeding 19.9% of the issued and outstanding capital of TRU following such issuance, then such Additional Shares will not be issued on such dates but shall remain issuable to Altius at such time that Altius’ shareholdings in TRU would not result in it exceeding 19.9% of the issued and outstanding common shares of TRU. All of the Additional Shares must be issued prior to the exercise of the Option under the Option Agreement by TRU. The Shares and the Additional Shares to be acquired by Altius pursuant to the Option Agreement will be issued at a deemed price of $0.25 per share, subject to the requirements of the TSXV. Immediately prior to the transaction contemplated by the Option Agreement, Altius held no securities of TRU. Altius will not acquire the Additional Shares if such acquisition would result in Altius’ shareholding in TRU exceeding 19.9% of the issued and outstanding capital of TRU.
Colicity Inc. Announces Closing of $345 Million Initial Public Offering
NEW YORK — Colicity Inc. (the “Company”) announced the closing today of its initial public offering of 34,500,000 units, including the underwriters’ exercise of their full over-allotment option for 4,500,000 units, at a price of $10.00 per unit. The units are listed on the NASDAQ Stock Market (NASDAQ) and began trading under the ticker symbol “COLIU” on February 24, 2021. Each unit consists of one Class A share and one-fifth of one redeemable warrant, with each whole warrant exercisable to purchase one Class A share at a price of $11.50 per share. Only whole warrants will be exercisable. Once the securities comprising the units begin separate trading, the Class A shares and warrants are expected to be listed on the NASDAQ under the symbols “COLI” and “COLIW,” respectively.
Greenlane Renewables Announces Appointment of Olympia Trust Company as Transfer Agent and Registrar
VANCOUVER, British Columbia — Greenlane Renewables Inc. (“ Greenlane ”) (TSX: GRN / FSE: 52G) announces the appointment of Olympia Trust Company (“Olympia”) as registrar and transfer agent of Greenlane effective immediately. Olympia Trust will now be responsible for all transfers of Greenlane common shares, which are currently trading on the TSX under the trading symbol “GRN”, through their office in Vancouver and shall replace Computershare Investor Services Inc., which has resigned at Greenlane’s request. Computershare Trust Company shall remain as the warrant agent of Greenlane’s warrants currently trading on the TSX under the trading symbol “GRN.WT”, which are exercisable until June 3, 2021. Shareholders need take no action in respect of the change in transfer agent and registrar. All future enquiries related to transfer agent or registrar requests for Greenlane should be directed to Olympia at:
CI Financial to Access Specialized Services for Affluent Investors Through New York Private Bank & Trust
TORONTO & NEW YORK — CI Financial Corp. (“CI”) (TSX: CIX; NYSE: CIXX), a diversified global asset and wealth management company, and New York Private Bank & Trust, parent company of Emigrant Bank (“Emigrant”), today announced an agreement under which specialized services for ultra-high-net-worth investors provided by Emigrant’s subsidiaries will be offered to CI’s U.S. wealth management businesses.
Media Advisory: Domtar at the Bank of America Conference
FORT MILL, S.C. — Domtar Corporation (NYSE: UFS) (TSX: UFS) today announced that Mr. John D. Williams, President and Chief Executive Officer, will present at the Virtual Bank of America Global Agriculture and Materials Conference on Thursday, March 4, 2021 at 2:00 p.m. (ET). The presentation will be webcast and can be accessed in the Investors section of the Domtar corporate website at www.domtar.com
Nutrien Files 2020 Annual Disclosures
SASKATOON, Saskatchewan — Nutrien Ltd (TSX and NYSE: NTR) announced today that its 2020 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, as well as its Annual Information Form are available on the EDGAR section of the U.S. Securities and Exchange Commission’s website at www.sec.gov and the Canadian Securities Administrators’ website at www.sedar.com .
Dream Unlimited Corp. Quarterly Class A Subordinate Voting Share and Class B Common Share Dividend
TORONTO — DREAM UNLIMITED CORP. (TSX:DRM) announced today that its board of directors has approved the payment of a quarterly cash dividend of $0.070 per Class A Subordinate Voting Share and Class B Common Share payable on March 31, 2021 to shareholders of record on March 15, 2021.
BlackNorth Initiative's Dahabo Ahmed-Omer Earns Inaugural Business Changemakers Award From the Globe and Mail's Report on Business
TORONTO — Executive Director of The BlackNorth Initiative , Dahabo Ahmed-Omer is one of the inaugural recipients of the Globe and Mail’s Report on Business Changemakers for 2021 .
C3 AI and Baker Hughes to Provide Enterprise AI Solutions to Accelerate PETRONAS Digital Transformation Program
Baker Hughes and C3 AI will deliver BakerHughesC3.ai (BHC3) enterprise AI solutions PETRONAS’s deployments of the BHC3 AI Suite and BHC3 Reliability will begin with predictive maintenance applications for gas turbines, compressors, and control valves REDWOOD CITY, Calif. & HOUSTON — C3 AI (NYSE: AI) and Baker Hughes today announced an artificial intelligence (AI) collaboration with PETRONAS, a global energy and solutions company from Malaysia, to apply BakerHughesC3.ai (BHC3) technology across PETRONAS’s strategic digital transformation programs.
Perimeter Medical Imaging AI Provides Update on Exercise of Warrants
TORONTO — Perimeter Medical Imaging AI, Inc. (TSX-V:PINK)(OTC:PYNKF) (FSE:4PC) (“Perimeter” or the “Company”), a medical technology company driven to transform cancer surgery with ultra-high-resolution, real-time, advanced imaging tools to address areas of high unmet medical need, today provided an update on its previously announced acceleration of the expiry date of the share purchase warrants issued by the Company on June 29, 2020 (the “Warrants”).
Bluma Wellness Announces Filing of Circular and Date of Special Meeting of Shareholders to Approve Proposed Plan of Arrangement with Cresco Labs
TORONTO — Bluma Wellness Inc. (the “ Company ” or “ Bluma Wellness ”) (CSE: BWEL.U) (OTCQX:BMWLF) announces that it has filed a management information circular of the Company dated as of February 12, 2021 (the “ Circular ”) and related meeting and proxy materials in connection with a special meeting of the shareholders of the Company (“ Bluma Shareholders ”) to be held virtually at https://web.lumiagm.com/294537536 , beginning at 10:00 a.m. (Toronto time) on March 19, 2021 (the “ Meeting ”). The Meeting is being held to consider and approve, among other things, the Company’s proposed arrangement (the “ Arrangement ”) with Cresco Labs Inc. (“ Cresco ”) (CSE:CL) (OTCQX:CRLBF) to be completed by way of a plan of arrangement under Division 5 of Part 9 of the Business Corporations Act (British Columbia) (the “ Plan of Arrangement ”), pursuant to the arrangement agreement entered into between the Company and Cresco on January 13, 2021 (the “ Arrangement Agreement ”). The Meeting will be held in accordance with the terms of an interim order of the Supreme Court of British Columbia (the “ Court ”) obtained on February 11, 2021. Bluma Shareholders of record at the close of business on February 8, 2021 will be entitled to attend and vote at the Meeting.
TAWAZUN STRATEGIC DEVELOPMENT FUND LLC and TITOMIC LTD Sign MOU to Collaborate Towards Setting up an Advanced Industrial Scale 3D Printing Manufacturing Facility in the United Arab Emirates
ABU DHABI, United Arab Emirates — Tawazun and Australian company TITOMIC have signed an MOU to assess the potential of setting up a joint venture between the parties to establish a local manufacturing line in order to produce advanced 3D printing technologies for large products and components at industrial scale for a variety of industries mainly focusing on aerospace, defence oil and gas and mining in UAE.