S.5

Notice - AIMIA INC. and MITHAQ CANADA INC., File No. 2024-2

Retrieved on: 
Tuesday, February 13, 2024

TORONTO, Feb. 13, 2024 /CNW/ - On February 13, 2024, the Tribunal issued a Notice of Hearing pursuant to sections 104 and 127 of the Securities Act, RSO 1990, c S.5, to consider the Application filed by Aimia Inc. dated February 13, 2024, requesting an order declaring that Mithaq Canada Inc. breached securities law and directing Mithaq Canada Inc. to comply with National Instrument 62-104 Take Over Bids and Issuer Bids.

Key Points: 
  • TORONTO, Feb. 13, 2024 /CNW/ - On February 13, 2024, the Tribunal issued a Notice of Hearing pursuant to sections 104 and 127 of the Securities Act, RSO 1990, c S.5, to consider the Application filed by Aimia Inc. dated February 13, 2024, requesting an order declaring that Mithaq Canada Inc. breached securities law and directing Mithaq Canada Inc. to comply with National Instrument 62-104 Take Over Bids and Issuer Bids.
  • A preliminary attendance will be held on February 15, 2024 at 9:30 a.m.
    A copy of the Notice of Hearing dated February 13, 2024 and the Application dated February 13, 2024 are available at capitalmarketstribunal.ca

Notice - MITHAQ CANADA INC. and AIMIA INC., File No. 2023-28

Retrieved on: 
Wednesday, October 18, 2023

TORONTO, Oct. 18, 2023 /CNW/ - On October 18, 2023, the Tribunal issued a Notice of Hearing pursuant to sections 8, 21.7, 104 and 127 of the Securities Act, RSO 1990, c S.5, to consider the Application filed by Mithaq Canada Inc. dated October 17, 2023, requesting an order to cease trade Aimia Inc.'s shareholder rights plan and private placement and other relief related to the private placement.

Key Points: 
  • TORONTO, Oct. 18, 2023 /CNW/ - On October 18, 2023, the Tribunal issued a Notice of Hearing pursuant to sections 8, 21.7, 104 and 127 of the Securities Act, RSO 1990, c S.5, to consider the Application filed by Mithaq Canada Inc. dated October 17, 2023, requesting an order to cease trade Aimia Inc.'s shareholder rights plan and private placement and other relief related to the private placement.
  • A preliminary attendance will be held on October 19, 2023 at 8:30 a.m.
    A copy of the Notice of Hearing dated October 18, 2023 and the Application dated October 17, 2023 are available at capitalmarketstribunal.ca

Nano Dimension Highlights Serious Allegations Against Murchison Ltd.’s Owner, Marc Bistricer, by the Ontario Securities Commission (“OSC”)

Retrieved on: 
Wednesday, March 8, 2023

WALTHAM, Mass., March 08, 2023 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (Nasdaq: NNDM, “Nano Dimension” or the “Company”), a leading supplier of Additively Manufactured Electronics (“AME”) and multi-dimensional polymer, metal & ceramic Additive Manufacturing (“AM”) 3D printers, today released a statement reiterating serious allegations made by staff of OSC in its case against Mr. Marc Bistricer (owner of Murchison Ltd.), his private holding company, Saline Investments Ltd. (part owner of Murchinson Ltd., “Saline”), and other market participants (together with Bistricer and Saline, the “respondents”) to hold them “accountable for an illegal and abusive short selling scheme that violated Ontario securities law and was contrary to the public interest”1 in connection with a private placement by a public company – Canopy Growth Corporation (“Canopy”).2 Staff of the OSC, which is Canada’s largest securities regulatory authority and similar to the U.S. Securities and Exchange Commission, published the statement of allegations on November 9th, 2022, with the next court hearing planned for March 10, 2023. Key excerpts from the OSC staff’s statement of allegations are included below:

Key Points: 
  • In anticipation of these transactions, Saline sold short 2.5 million Canopy shares in the open market for approximately $26.76 million.
  • To enable it to do so, the respondents arranged for the private placement and securities loan to close that day.
  • In exchange, Saline received 2.5 million free-trading Canopy shares from GHL and paid an $875,000 securities lending fee to GHL.
  • These allegations may be amended, and further allegations may be made, as the Capital Markets Tribunal (the Tribunal) may permit.