Economy of Canada

Brookfield Infrastructure and Inter Pipeline Announce Subsequent Acquisition Transaction and Completion of Offer

Retrieved on: 
Saturday, September 4, 2021
S&P/TSX 60, Companies, Economy of Toronto, Economy of Canada, Brookfield Asset Management, Brookfield Infrastructure Partners, Inter Pipeline, Brookfield, Connecticut, S&P/TSX Composite Index, Brookfield, Wisconsin, Brookfield, Illinois, Brookfield, Massachusetts

BROOKFIELD, NEWS, Sept. 03, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, “Brookfield Infrastructure”) and Inter Pipeline (TSX:IPL) are pleased to announce the expiry of the Offer. Since the initial expiry time of the Offer, Brookfield Infrastructure has taken-up an incremental 33,087,736 Inter Pipeline common shares tendered under the Offer during the mandatory extension period. Upon payment for such Inter Pipeline common shares, Brookfield Infrastructure will increase its ownership of Inter Pipeline to 76.4%.

Key Points: 
  • Brookfield Infrastructure and Inter Pipeline Ltd. (Inter Pipeline) are pleased to announce that they have entered into an arrangement agreement regarding a statutory plan of arrangement, under which Brookfield Infrastructure will acquire all remaining Inter Pipeline common shares (the Subsequent Acquisition Transaction)
    Brookfield Infrastructure also announces the expiry of its take-over bid dated February 22, 2021 (as amended, the Offer) to acquire all of the common shares of Inter Pipeline not owned by Brookfield Infrastructure
    Upon payment for the Inter Pipeline common shares tendered under the Offer, Brookfield Infrastructure will own 76.4% of Inter Pipelines common shares
    BROOKFIELD, NEWS, Sept. 03, 2021 (GLOBE NEWSWIRE) -- Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), together with its institutional partners (collectively, Brookfield Infrastructure) and Inter Pipeline (TSX:IPL) are pleased to announce the expiry of the Offer.
  • Upon payment for such Inter Pipeline common shares, Brookfield Infrastructure will increase its ownership of Inter Pipeline to 76.4%.
  • The Arrangement constitutes the Subsequent Acquisition Transaction contemplated in the Offer, by which Brookfield Infrastructure will acquire ownership of 100% of the Inter Pipeline common shares.
  • Following completion of the Subsequent Acquisition Transaction, Brookfield Infrastructure will seek to delist the Inter Pipeline common shares from trading on the Toronto Stock Exchange.

iSIGN Media Announces the Termination of its Chief Executive Officer

Retrieved on: 
Saturday, September 4, 2021
S&P/TSX 60, Telecommunications, Companies, ISIGN Media, Telus, Verizon Communications, Economy of Canada

Creators of the Smart suite of products, a patented interactive proximity marketing technology, iSIGN enables the delivery of messages to mobile devices in proximity, with real-time reporting and analytics on a variety of metrics.

Key Points: 
  • Creators of the Smart suite of products, a patented interactive proximity marketing technology, iSIGN enables the delivery of messages to mobile devices in proximity, with real-time reporting and analytics on a variety of metrics.
  • Partners include IBM, Keyser Retail Solutions, Baylor University, Verizon Wireless, TELUS and Mtrex Network Solutions.
  • www.isignmedia.com
    2021 iSIGN Media Solutions Inc. All Rights Reserved.
  • All other trademarks and trade names are the property of their respective owners.

Evolus Reports Second Quarter 2021 Results and Provides Business Update

Retrieved on: 
Wednesday, August 4, 2021
BlackBerry Limited, Companies, Economy of Canada

NEWPORT BEACH, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Evolus, Inc. (Nasdaq: EOLS), a performance beauty company with a customer-centric approach focused on delivering breakthrough products, today reported financial results for the second quarter ended June 30, 2021 and provided a business update.

Key Points: 
  • Our strong second quarter sets a new baseline from which we plan to grow and positions us to achieve record sales in the second half of the year.
  • Strong second quarter 2021 commercial performance drivers:
    Jeuveau net revenues were $26.1 million, up strongly compared to the second quarter of 2020, driven primarily by higher volumes.
  • Non-GAAP loss from operations improved 25% to $9.3 million from $12.4 million in the second quarter of 2020, primarily due to increased revenue in the second quarter of 2021 and a $3 million COVID-related restructuring charge in the second quarter of 2020.
  • For the second quarter ended June 30, 2021, the company had approximately 51.2 million weighted-average shares of common stock outstanding.

Converge Announces Second Quarter 2021 Financial Results Conference Call Date

Retrieved on: 
Wednesday, August 4, 2021
OTC Markets Group, BlackBerry Limited, FSE, Companies, Economy of Canada

TORONTO and GATINEAU, QC, Aug. 4, 2021 /PRNewswire/ -Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that it will release the results for its second quarter for the period ended June 30th, 2021 on Wednesday, August 11th, 2021 after market close.

Key Points: 
  • TORONTO and GATINEAU, QC, Aug. 4, 2021 /PRNewswire/ -Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that it will release the results for its second quarter for the period ended June 30th, 2021 on Wednesday, August 11th, 2021 after market close.
  • Subsequently, the Company will hold a conference call on Thursday, August 12th, 2021 at 9:00 am EST hosted by Shaun Maine, Chief Executive Officer and Matt Smith, Interim Chief Financial Officer.
  • A live audio webcast and archive of the conference call will be available by visiting the Company's website at https://convergetp.com/investor-relations/ .
  • Converge Technology Solutions Corp. is a software-enabled IT & Cloud Solutions provider focused on delivering industry-leading solutions and services.

BlackBerry to Participate in Upcoming Investor Conferences

Retrieved on: 
Wednesday, August 4, 2021
Companies, BlackBerry Limited, BlackBerry, Economy of Canada, Technology, LinkedIn, New York Stock Exchange, Thorsten Heins

WATERLOO,ON, Aug. 4, 2021 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced its participation at the following virtual investor conferences in August 2021:

Key Points: 
  • WATERLOO,ON, Aug. 4, 2021 /PRNewswire/ -- BlackBerry Limited (NYSE: BB; TSX: BB) today announced its participation at the following virtual investor conferences in August 2021:
    Presenter: John Chen, BlackBerry Executive Chairman & Chief Executive Officer, focusing on BlackBerry's market opportunity in Auto.
  • Presenters: Ryan Permeh, BlackBerry Senior Vice President and Chief Security Architect, and Eric Milam, BlackBerry Vice President, Research and Intelligence, focusing on BlackBerry's Cyber Security market opportunity.
  • For more information, follow @BlackBerry on Twitter , Facebook or LinkedIn and view the company's corporate video which highlights how BlackBerry addresses today's enterprise security challenges.
  • BlackBerry (NYSE: BB; TSX: BB) provides intelligent security software and services to enterprises and governments around the world.

GoGold Appoints Karen Flores to Board of Directors

Retrieved on: 
Wednesday, August 4, 2021
OTC Markets Group, Toronto Stock Exchange, Flores, Service companies, ONTARIO, Economy of Canada

HALIFAX, NS, Aug. 4, 2021 /PRNewswire/ - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF)("GoGold", "the Company") is pleased to announce that Karen Flores has been appointed to the Company's Board of Directors effective August 4, 2021, pending regulatory approval.

Key Points: 
  • HALIFAX, NS, Aug. 4, 2021 /PRNewswire/ - GoGold Resources Inc. (TSX: GGD) (OTCQX: GLGDF)("GoGold", "the Company") is pleased to announce that Karen Flores has been appointed to the Company's Board of Directors effective August 4, 2021, pending regulatory approval.
  • Ms. Flores is the CEO of the Mining Chamber of Mexico, which represents the interests of the country's mining-metallurgical industry.
  • "We are pleased to welcome Ms. Flores to the board of directors.
  • "We believe GoGold shareholders will be well served by Karen's engagement, perspective and service as a board member of the Company."

SNC-Lavalin drives sector leadership in digital with new cutting-edge global client technology hubs

Retrieved on: 
Wednesday, August 4, 2021
SNC-Lavalin, S&P/TSX 60, Réseau express métropolitain, Lavalin, Rail transport, Economy of Canada, SNC-Lavalin Rail & Transit

The Centers, called Lava Labs, will be opened in key locations globally and will enable SNC-Lavalin to bring its global expertise from its businesses to local clients and markets.

Key Points: 
  • The Centers, called Lava Labs, will be opened in key locations globally and will enable SNC-Lavalin to bring its global expertise from its businesses to local clients and markets.
  • "We are extremely excited by this important investment in our global technology and collaboration capabilities.
  • The Labs will enable the development and application of new and innovative ways of delivering end-to-end services for client projects.
  • SNC-Lavalin connects people, technology and data to help shape and deliver world-leading concepts and projects, while offering comprehensive innovative solutions across the asset lifecycle.

RioCan and BentallGreenOak expand on strategic partnership with agreement to co-invest in a GTA-based portfolio

Retrieved on: 
Tuesday, August 3, 2021
RioCan Real Estate Investment Trust, Sun Life Financial, Institution, Economy of Canada, Articles, Companies

The transaction for the three properties is expected to close in the third quarter of 2021, subject to customary closing conditions.

Key Points: 
  • The transaction for the three properties is expected to close in the third quarter of 2021, subject to customary closing conditions.
  • "Through our relationship with BentallGreenOak, we are delighted to strengthen our partnership with Sun Life, particularly at this juncture as we accelerate our growth trajectory while market activity rebounds.
  • The quality of our assets and our established management expertise have laid a strong foundation for our partnership with BentallGreenOak to thrive, said Jonathan Gitlin, President and Chief Executive Officer of RioCan.
  • We will continue to capitalize on new opportunities as they arise to attract institutional investment and monetize the value that we have created in our portfolio.

Stantec signs letter of intent to acquire US-based Paleo Solutions, deepening archaeology and paleontology expertise

Retrieved on: 
Tuesday, August 3, 2021
Stantec, Paleo, Companies, Economy of Canada

Founded in 2004, Paleo Solutions 65+ person team includes paleontologists, geologists, archaeologists, architectural historians, program managers, and GIS specialists.

Key Points: 
  • Founded in 2004, Paleo Solutions 65+ person team includes paleontologists, geologists, archaeologists, architectural historians, program managers, and GIS specialists.
  • Paleo Solutions will provide added depth to Stantecs current Archaeology team and new expertise in paleontology across the firms US Pacific and Mountain Regions.
  • Paleo Solutions and Stantec are committed to sustainable, responsible project delivery, said Gord Johnston, President and Chief Executive Officer, Stantec.
  • Paleo Solutions expertise in paleontology and cultural resources management greatly enhances the innovative solutions we can offer to clients across the US and beyond.

MAG Silver Announces the Appointment of Dale Peniuk as a Director

Retrieved on: 
Tuesday, August 3, 2021
Economy of Toronto, Toronto Stock Exchange, ONTARIO, Economy of Canada

VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (MAG or the Company) is pleased to announce that Mr. Dale Peniuk has joined the Company as a member of its Board of Directors.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 03, 2021 (GLOBE NEWSWIRE) -- MAG Silver Corp. (TSX / NYSE American: MAG) (MAG or the Company) is pleased to announce that Mr. Dale Peniuk has joined the Company as a member of its Board of Directors.
  • Concurrent with his appointment as a director of the Company, Mr. Peniuk has also been appointed as Chair of the Company's Audit Committee.
  • Dale is a highly respected, experienced mining director whose skill set complements those of our existing Board members.
  • MAG Silver Corp. (MAG: TSX / NYSE A) is a Canadian development and exploration company focused on becoming a top-tier primary silver mining company by exploring and advancing high-grade, district scale, silver-dominant projects in the Americas.