McCarthy Tétrault

Lundin Mining Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023

Copper production was lower than the prior year quarter primarily due to lower grades partially offset by higher throughput.

Key Points: 
  • Copper production was lower than the prior year quarter primarily due to lower grades partially offset by higher throughput.
  • Current quarter production costs and copper cash cost of $2.19/lb were higher than the prior year quarter largely owing to higher contractor and maintenance costs and unfavorable foreign exchange.
  • Nickel cash cost in the quarter of $2.07/lb was higher than the prior year quarter primarily due to lower by-product credits and higher production costs.
  • Production costs during the quarter were lower than the prior year quarter despite higher sales, primarily due to reduced electricity costs.

Patriot Battery Metals Announces Appointment of Pierre Boivin to Board of Directors

Retrieved on: 
Tuesday, June 13, 2023

VANCOUVER, British Columbia and SYDNEY, Australia, June 13, 2023 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET | ASX: PMT | OTCQX: PMETF | FSE: R9GA) is pleased to announce the appointment of Pierre Boivin to its Board of Directors effective June 12, 2023.

Key Points: 
  • VANCOUVER, British Columbia and SYDNEY, Australia, June 13, 2023 (GLOBE NEWSWIRE) -- Patriot Battery Metals Inc. (the “Company” or “Patriot”) (TSX-V: PMET | ASX: PMT | OTCQX: PMETF | FSE: R9GA) is pleased to announce the appointment of Pierre Boivin to its Board of Directors effective June 12, 2023.
  • The appointment follows the planned retirement of Dusan Berka from the board of directors.
  • Ken Brinsden, Non-executive Chairman, comments, “On behalf of the Board I would like to extend a warm welcome to Pierre.
  • On behalf of management and the board, we wish Dusan and his family all the very best in retirement.”

Canvass AI Joins Discussion at Toronto Region Board of Trade's Future of Manufacturing Symposium Keynoted by Ontario Premier Doug Ford

Retrieved on: 
Monday, June 12, 2023

TORONTO, June 12, 2023 /CNW/ - Canvass AI , a leader in industrial AI software, today announced that John Murdoch, Vice President, Platform at Canvass AI will join a distinguished Industry 4.0 panel speaking at the Toronto Region Board of Trade's Future of Manufacturing Symposium event on June 13, 2023.

Key Points: 
  • TORONTO, June 12, 2023 /CNW/ - Canvass AI , a leader in industrial AI software, today announced that John Murdoch, Vice President, Platform at Canvass AI will join a distinguished Industry 4.0 panel speaking at the Toronto Region Board of Trade's Future of Manufacturing Symposium event on June 13, 2023.
  • Mr. Murdoch will join the Industry 4.0 panel to discuss game-changing technologies for manufacturers with fellow panelists Alex Palmer, Managing Director, Industry X, Accenture, Jason Ball, VP and General Manager, Burloak Technologies Inc. and Jeffrey Liaw, General Manager, Martinrea International, and moderator Kosta Kalogiros, Partner, McCarthy Tetrault, for the 2:05pm session to discuss a variety of timely topics around the technologies driving automation and optimization in manufacturing today, and some of the practical challenges and hurdles of adopting new technologies, including generative AI.
  • John Murdoch said: "I look forward to joining my follow speakers to discuss the seismic technological changes that are unfolding very quickly for manufactures of all sizes.
  • They need to be cognizant of the technologies that can best meet their challenges today, know how to start, and be wary of 'distractions' from achieving practical benefits."

Allied Gold Corp Limited, Allied Merger Corporation and Mondavi Ventures Ltd. Announce Binding Letter of Intent for Business Combination and Financing for Minimum Proceeds of US$300,000,000

Retrieved on: 
Thursday, May 11, 2023

TORONTO, May 11, 2023 (GLOBE NEWSWIRE) -- Allied Gold Corp Limited (“Allied”), Allied Merger Corporation (the “AMC”) and Mondavi Ventures Ltd. (“Mondavi”) are pleased to announce that they have entered into a binding letter agreement dated May 11, 2023 (the “Letter Agreement”) outlining the terms upon which Mondavi, an unlisted reporting issuer in Canada, will enter into a business combination with Allied and AMC pursuant to which the current shareholders of each of Allied and AMC will receive common shares of Mondavi, resulting in a reverse take-over of Mondavi (the “RTO”). The Letter Agreement was negotiated at arm’s length between representatives of Allied, AMC and Mondavi. In this news release, references to the “Resulting Issuer” are to Mondavi after the closing of the RTO, which will be the continuing public issuer carrying on the business of Allied.

Key Points: 
  • The Letter Agreement was negotiated at arm’s length between representatives of Allied, AMC and Mondavi.
  • In this news release, references to the “Resulting Issuer” are to Mondavi after the closing of the RTO, which will be the continuing public issuer carrying on the business of Allied.
  • Allied, AMC and Mondavi will negotiate a definitive agreement (the “Definitive Agreement”), substantially on the terms of the Letter Agreement, in connection with completing the RTO.
  • SCP Resource Finance LP is acting as financial advisor to Allied and AMC in connection with financing matters.

Jamieson Wellness Inc. Announces Filing of Management Information Circular for Annual and Special Meeting of Shareholders

Retrieved on: 
Friday, March 31, 2023

TORONTO, March 30, 2023 (GLOBE NEWSWIRE) -- Jamieson Wellness Inc. (“Jamieson Wellness” or the “Company”) (TSX: JWEL) announced today that the Company has filed its management information circular (“Circular”) and related materials (together with the Circular, the “Meeting Materials”) for the annual and special meeting of shareholders (the “Shareholders”) of Jamieson Wellness to be held on May 18, 2023 at 2:00 p.m. (Eastern Daylight Time) at the offices of McCarthy Tetrault LLP, 66 Wellington Street West, Toronto, Ontario, Suite 5300, and online via live audio webcast at https://meetnow.global/MMUNSXJ (the “Meeting”).

Key Points: 
  • TORONTO, March 30, 2023 (GLOBE NEWSWIRE) -- Jamieson Wellness Inc. (“Jamieson Wellness” or the “Company”) (TSX: JWEL) announced today that the Company has filed its management information circular (“Circular”) and related materials (together with the Circular, the “Meeting Materials”) for the annual and special meeting of shareholders (the “Shareholders”) of Jamieson Wellness to be held on May 18, 2023 at 2:00 p.m. (Eastern Daylight Time) at the offices of McCarthy Tetrault LLP, 66 Wellington Street West, Toronto, Ontario, Suite 5300, and online via live audio webcast at https://meetnow.global/MMUNSXJ (the “Meeting”).
  • The Company is pleased to be offering Shareholders the option to participate in-person at this year’s Meeting, while continuing to offer Shareholders the option to participate online via live audio webcast.
  • The Meeting Materials are being mailed to Shareholders to provide information about the business to be conducted at the Meeting, detailed instructions about how to vote shares and how to attend and participate at the Meeting.
  • For Shareholders who have questions about the meeting materials or need assistance with voting their shares, please contact Jamieson Wellness’ proxy solicitation agent and shareholder communications advisor:

Flowserve to Acquire Velan in an All-cash Transaction Valued at Approximately $245 million (C$329 million)

Retrieved on: 
Friday, February 10, 2023

Flowserve will also assume Velan’s $31.4 million (C$42.2 million) of cash and cash equivalents, also as of November 30, 2022.

Key Points: 
  • Flowserve will also assume Velan’s $31.4 million (C$42.2 million) of cash and cash equivalents, also as of November 30, 2022.
  • Through its fiscal third quarter ended November 30, 2022, Velan reported trailing twelve-month revenues of approximately $380 million with reported EBITDA of approximately $21 million.
  • Upon completion of the Transaction, Velan will become part of Flowserve’s Flow Control Division (FCD) segment.
  • In addition to revenue synergies created through a global aftermarket footprint, Flowserve expects to realize approximately $20 million (C$26 million) of run-rate cost synergies within two years after close.

dentalcorp Announces Commencement of Strategic Review Process to Unlock Shareholder Value

Retrieved on: 
Monday, November 21, 2022

There can be no assurance that this process will lead to the approval or completion of any transaction.

Key Points: 
  • There can be no assurance that this process will lead to the approval or completion of any transaction.
  • The Company does not currently intend to provide any updates with respect to this process unless and until its Board of Directors approves a specific transaction or otherwise concludes its review of strategic alternatives.
  • Such forward-looking information includes, but is not limited to, the forward-looking information related to the Boards strategic review process and the potential outcome thereof; and the Companys current and future growth prospects.
  • Leveraging its industry-leading technology, know-how and scale, dentalcorp offers professionals the unique opportunity to retain their clinical autonomy while unlocking their potential for future growth.

With Three Simultaneous Acquisitions, Ronin Creates a Diversified Platform in Outdoor Power Equipment and Utility Trailers

Retrieved on: 
Monday, July 11, 2022

Ronin Equity Partners announces the creation, through three simultaneous acquisitions, of the leading North American diversified manufacturer of small- to medium-scale outdoor power equipment and utility trailers.

Key Points: 
  • Ronin Equity Partners announces the creation, through three simultaneous acquisitions, of the leading North American diversified manufacturer of small- to medium-scale outdoor power equipment and utility trailers.
  • DK2 pioneered the combination of online ordering (via close partnerships with major home improvement chains like Home Depot and Lowes) with door-step delivery of previously difficult-to-package outdoor power equipment and utility trailers.
  • Operating under the DK2 corporate name, the merged group is the #1 or #2 North American player across more than 250 products in outdoor power equipment and utility trailers.
  • These three firms are helping to create a new category of high-end consumers and small-scale professional users for outdoor power equipment and utility trailers.

Shopper Army's New Collaboration with Walmart Canada will help Brands Generate Trusted Incentivized Ratings & Reviews on Walmart.ca

Retrieved on: 
Thursday, April 28, 2022

TORONTO, April 28, 2022 /CNW/ - Today, Shopper Army announces their official collaboration with Walmart Canada.

Key Points: 
  • TORONTO, April 28, 2022 /CNW/ - Today, Shopper Army announces their official collaboration with Walmart Canada.
  • Walmart Canada is committed to bringing Canadians the best possible shopping experience and Ratings & Reviews are a big part of this strategy.
  • Shopper Army and BrandSpark have conducted extensive research on the elements that contribute towards trusted reviews along with the role of incentivized Ratings & Reviews on e-commerce platforms.
  • To access Shopper Army's Incentivized Ratings & Reviews Best Practices OR to get your Walmart Ratings & Reviews campaign started, please contact:

Introducing Invert: A Visionary Net Zero Company

Retrieved on: 
Tuesday, February 1, 2022

The Net Zero Company Ltd. (NZC), a specialized emissions reduction and offsetting company, is pleased to announce that it has rebranded as Invert Inc., while welcoming an expanded leadership team of seasoned entrepreneurs.

Key Points: 
  • The Net Zero Company Ltd. (NZC), a specialized emissions reduction and offsetting company, is pleased to announce that it has rebranded as Invert Inc., while welcoming an expanded leadership team of seasoned entrepreneurs.
  • Rade holds a BA from the University of Guelph and graduated from the General Management Program at Harvard Business School.
  • The Company also attracted an unprecedented $5 billion investment from Fortune 500 beverage alcohol company Constellation Brands, and partnered with leading cultural icons including Drake, Snoop Dogg, Seth Rogen and Martha Stewart.
  • The Net Zero Company (& Invert) disclaims any intention or obligation to update or revise forward-looking statements except as required by law.