GREAT LAKES

Mesabi Trust Press Release

Retrieved on: 
Thursday, May 2, 2024

As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2024, Mesabi Trust was credited with a base royalty of $2,106,086.

Key Points: 
  • As reported to Mesabi Trust by Cliffs in the Royalty Report, based on shipments of iron ore products by Northshore during the three months ended March 31, 2024, Mesabi Trust was credited with a base royalty of $2,106,086.
  • The royalties paid to Mesabi Trust are based on the volume of iron ore pellets and other products produced or shipped during the quarter and the year to date, the pricing of iron ore product sales, and the percentage of iron ore pellet production and shipments from Mesabi Trust lands rather than from non-Mesabi Trust lands.
  • These multiple factors can result in significant variations in royalties received by Mesabi Trust (and in turn, the resulting funds available for distribution to Unitholders by Mesabi Trust) from quarter to quarter and from year to year.
  • With respect to calendar year 2024, Northshore has not advised Mesabi Trust of its expected shipments of iron ore products, or what percentage of 2024 shipments will be from Mesabi Trust iron ore.
    Mesabi Trust’s Annual Report on Form 10‑K for the fiscal year ended January 31, 2024, which includes the audited financial statements of Mesabi Trust, was filed with the Securities and Exchange Commission on April 24, 2024.

High Tide Opens Canna Cabana in Owen Sound, Ontario

Retrieved on: 
Thursday, May 2, 2024

CALGARY, AB, May 2, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1660 20th Avenue East, Owen Sound, Ontario has begun selling recreational cannabis products and consumption accessories for adult use.

Key Points: 
  • CALGARY, AB, May 2, 2024 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (Nasdaq: HITI) (TSXV: HITI) (FSE: 2LYA), the high-impact, retail-forward enterprise built to deliver real-world value across every component of cannabis, announced today that its Canna Cabana retail cannabis store located at 1660 20th Avenue East, Owen Sound, Ontario has begun selling recreational cannabis products and consumption accessories for adult use.
  • This opening marks High Tide's 169th Canna Cabana branded retail cannabis location in Canada, the 60th in the province of Ontario and the 1st in Owen Sound.
  • "I am thrilled to announce the opening of our first Canna Cabana in Owen Sound.
  • "The first few months of 2024 have been very exciting, as we've rolled out several Canna Cabana stores in premium retail locations across Ontario.

AccuWeather Summer 2024 U.S. Forecast: Sizzling Summer Temperatures Could Lead To Higher Power Bills Across America

Retrieved on: 
Wednesday, May 1, 2024

STATE COLLEGE, Pa., May 1, 2024 /PRNewswire/ -- AccuWeather's team of long-range forecasters says millions of Americans are expected to experience above-historical average temperatures across much of the country this summer.

Key Points: 
  • Temperatures are expected to climb at least two degrees above the historical average across more than half of the United States this summer.
  • AccuWeather Lead Long-Range Forecaster Paul Pastelok says the widespread heat could lead to higher energy bills for families and businesses running air conditioners around the clock.
  • "Summer 2024 can feature heat waves for many areas across the Plains to the Northeast.
  • People in Boston could experience four times as many 90-degree days this summer, compared to the five days reported last summer.

STELLAR Broadband and DTN Management Team Up to Transform Living at Newton Place Apartments with Unparalleled Tech Solutions

Retrieved on: 
Tuesday, April 30, 2024

Slated for unveiling in the fall of 2024, Newton Place Apartments is poised to become the epitome of luxury living, offering 108 expansive one, two, and three-bedroom units.

Key Points: 
  • Slated for unveiling in the fall of 2024, Newton Place Apartments is poised to become the epitome of luxury living, offering 108 expansive one, two, and three-bedroom units.
  • Richard Laing, President of STELLAR Broadband, shared the company's journey from its inception 23 years ago to becoming a trailblazer in the Multi-Dwelling Unit (MDU) market.
  • Denise Todd, Marketing Director at DTN, expressed excitement for DTN to be a part of the Haslett community.
  • We look forward to opening the doors to our latest DTN development and continuing our growth with STELLAR Broadband."

Great Lakes Announces New $150,000,000 Second-Lien Financing Agreement

Retrieved on: 
Wednesday, April 24, 2024

The Second Lien Credit Agreement contains customary representations and affirmative and negative covenants as well as customary events of default.

Key Points: 
  • The Second Lien Credit Agreement contains customary representations and affirmative and negative covenants as well as customary events of default.
  • The delayed draw feature allows Great Lakes to lock in a commitment for additional long-term capital while giving us the flexibility to pursue financing alternatives, including Title XI.
  • Great Lakes cautions investors that any forward-looking statements made by Great Lakes are not guarantees or indicative of future events.
  • Although Great Lakes believes that its plans, intentions and expectations reflected in this press release are reasonable, actual events could differ materially.

Eureka Shipping Announces Construction of New Cutting-Edge Cement Carrier for Great Lakes Trade

Retrieved on: 
Tuesday, April 16, 2024

Montreal, April 16, 2024 (GLOBE NEWSWIRE) -- Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship destined for operation in the Great Lakes.

Key Points: 
  • Montreal, April 16, 2024 (GLOBE NEWSWIRE) -- Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship destined for operation in the Great Lakes.
  • "Building a ship aligned with eco-friendly principles is a top priority for both Eureka Shipping and our customer,” said Kai Grotterud, Managing Director of Eureka Shipping.
  • "Our new cement carrier is expected to contribute significantly to decarbonization by drastically reducing the emissions per metric tonne of cargo carried.
  • Eureka Shipping Ltd. is a leading provider of logistical services within the specialized segment of pneumatic and mechanical cement carriers.

Eureka Shipping Announces Construction of New Cutting-Edge Cement Carrier for Great Lakes Trade

Retrieved on: 
Tuesday, April 16, 2024

MONTREAL, April 16, 2024 (GLOBE NEWSWIRE) -- Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship destined for operation in the Great Lakes.

Key Points: 
  • MONTREAL, April 16, 2024 (GLOBE NEWSWIRE) -- Eureka Shipping, a leading provider of sustainable, high-efficiency cement carrier services jointly owned by SMT Shipping and The CSL Group, is pleased to announce the construction of a state-of-art mechanical/pneumatic cement ship destined for operation in the Great Lakes.
  • “Building a ship aligned with eco-friendly principles is a top priority for both Eureka Shipping and our customer,” said Kai Grotterud, Managing Director of Eureka Shipping.
  • The new vessel, currently under construction by the Holland Shipyard Group in the Netherlands, is scheduled for delivery in 2025 and will commence operations in the Great Lakes region.
  • Eureka Shipping Ltd. is a leading provider of logistical services within the specialized segment of pneumatic and mechanical cement carriers.

TVO Original ‘TRIPPING The French River’ is a mesmerizing canoe trip through northern Ontario

Retrieved on: 
Wednesday, April 10, 2024

Toronto, Ontario, April 10, 2024 (GLOBE NEWSWIRE) -- TVO Original TRIPPING The French River continues the hugely popular TRIPPING series with a mesmerizing paddle on the French River from Lake Nipissing to Georgian Bay.

Key Points: 
  • Toronto, Ontario, April 10, 2024 (GLOBE NEWSWIRE) -- TVO Original TRIPPING The French River continues the hugely popular TRIPPING series with a mesmerizing paddle on the French River from Lake Nipissing to Georgian Bay.
  • The documentary takes viewers for a 110-kilometre paddle in a cedar strip canoe on one of the rivers that helped form Canada.
  • “I don’t believe there is another river in Ontario that has as much personality as the French.
  • Watch TVO Original TRIPPING The French River at 8 pm ET on April 21, 2024, on TVO Today’s website , YouTube channel , smart TV apps and broadcast channel.

National Geographic Honors WW2 Soldiers of Color With Two New Specials

Retrieved on: 
Wednesday, April 17, 2024

Produced by October Films and Elba’s 22Summers, ERASED: WW2’S HEROES OF COLOR uncovers the long-lost legacies of soldiers of color during World War II.

Key Points: 
  • Produced by October Films and Elba’s 22Summers, ERASED: WW2’S HEROES OF COLOR uncovers the long-lost legacies of soldiers of color during World War II.
  • The series showcases the personal narratives of soldiers through their never-before-aired oral testimonies and journal writings, along with powerful accounts from their descendants — stories passed down through the generations.
  • These gripping and emotional testimonies transport viewers back in time to witness bravery unfold in WW2’s iconic theatres of war.
  • Melanie Sams is vice president of Production and Development for National Geographic.

Verdantas Acquires CT Consultants, Inc., Expanding Environmental and Engineering Services

Retrieved on: 
Wednesday, April 10, 2024

Verdantas, a private-equity-backed firm specializing in environmental consulting, sustainable engineering, modeling, and digital technology, announced today it has acquired CT Consultants, Inc. (CT).

Key Points: 
  • Verdantas, a private-equity-backed firm specializing in environmental consulting, sustainable engineering, modeling, and digital technology, announced today it has acquired CT Consultants, Inc. (CT).
  • View the full release here: https://www.businesswire.com/news/home/20240410232301/en/
    Verdantas and CT are joining forces to elevate their combined expertise in water and wastewater systems engineering and to bolster municipal and transportation engineering capabilities throughout Ohio and Pennsylvania.
  • Additionally, CT's environmental bench further strengthens our ability to serve the Great Lakes area, seamlessly integrating ecological services into our environmental practice groups.
  • “We are thrilled to welcome CT to the Verdantas team,” commented Jesse Kropelnicki, CEO of Verdantas.