Day: December 18, 2017

Purpose Investments Inc. Announces Final Annual Capital Gains Distribution

TORONTO, Dec. 19, 2017 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) today announced the final annual capital gains distributions for its open-end exchange-traded funds and closed-end funds (“Funds”) with a December 15, 2017 tax year end. The distributions represent capital gains realized during the year and will not be paid in cash, but will be reinvested in additional units with the resulting units immediately consolidated so that the number of units held by each investor will not change. Unitholders of record at close of business on December 22, 2017, will receive the 2017 capital gains distributions. Purpose expects to announce

Redwood Asset Management Announces Exchange Ratios for the Redwood Canadian Preferred Share Fund

TORONTO, Dec. 18, 2017 (GLOBE NEWSWIRE) — Redwood Asset Management Inc. (“Redwood”) is pleased to announce the exchange ratios for the exchange offering for the ETF units of the Redwood Canadian Preferred Share Fund (the “ETF”, or “the Fund”). The offering closes on December 28, 2017 and the ETF units of the Fund trade under the ticker symbol RPS on the NEO Exchange. The Exchange Ratio for eligible securities of Exchange Eligible Issuers was determined by dividing the weighted average trading price of the security during the period of five consecutive trading days ending on December 18, 2017 (the “Pricing

Cannabis Wheaton Income Corp. Announces Exclusive Data Licensing Agreement With Prominent Cannabis Testing, Analysis and Rating Company

VANCOUVER, British Columbia, Dec. 19, 2017 (GLOBE NEWSWIRE) — Cannabis Wheaton Income Corp. (d/b/a Wheaton Income) (TSX.V:CBW) (“Wheaton Income” or the “Company”) is pleased to announce that it has entered into an exclusive data licensing agreement (the “Agreement”) with a prominent Canadian cannabis testing, analysis and rating company (the “Licensor”). Pursuant to the Agreement, the Licensor will grant the Company an exclusive license to all current and future proprietary cannabis testing, review and ranking data (the “Data”) for a term of two years. The Licensor has tested, reviewed and ranked over 2,000 Canadian cannabis samples to date, including some of

Madrigal Pharmaceuticals Prices Public Offering of Common Stock

CONSHOHOCKEN, Pa., Dec. 18, 2017 (GLOBE NEWSWIRE) — Madrigal Pharmaceuticals, Inc. (Nasdaq:MDGL), a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapies for cardiovascular, metabolic and liver diseases, today announced the pricing of an underwritten registered public offering of 1,506,025 shares of its common stock at a public offering price of $83.00 per share. The gross proceeds to Madrigal from the offering, before deducting the underwriting discounts and commissions and other estimated offering expenses, are expected to be approximately $125 million. In addition, Madrigal has granted the underwriters of the offering a 30-day option to purchase up to an additional 225,904 shares of

Labaton Sucharow LLP Announces Expanded Securities Class Action Lawsuit Filed Against General Electric Company and Certain Executives

NEW YORK, Dec. 18, 2017 (GLOBE NEWSWIRE) — Labaton Sucharow LLP (“Labaton Sucharow”) announces that on December 18, 2017, it filed a securities class action lawsuit on behalf of its client Tampa Maritime Association-International Longshoremen’s Association Pension Plan (“TMA-ILA”) against General Electric Company (“General Electric” or the “Company”) (NYSE:GE), and certain of its senior executives (collectively, “Defendants”).  The action, which is captioned Tampa Maritime Association-International Longshoremen’s Association Pension Plan v. General Electric Company, No. 1:17-cv-09888 (S.D.N.Y.), asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”), and U.S. Securities and Exchange Commission (“SEC”)

F/V Misty Blue Missing Crewmembers Found

NEW BEDFORD, Mass., Dec. 18, 2017 (GLOBE NEWSWIRE) — Atlantic Capes Fisheries, Inc. (“ACF”) is thankful and saddened to receive the news that divers have recovered the bodies of the missing crewmen of the F/V MISTY BLUE. All of the ACF team members extend their deepest condolences to the families of Michael Roberts and Jonathan Saraiva. “This is a sorrow-filled day for everyone, not only at Atlantic Capes but also in the greater New England fishing community,” said Danny Cohen, President of ACF. “Our thoughts and prayers are with the Roberts and Saraiva families during this difficult time.” “Michael was

Sale of Peru Business; Early Warning Report of Gran Tierra Energy International Holdings Ltd.

This news release is issued pursuant to National Instrument 62-104 – Take-Over Bids and Issuer Bids and National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report.  CALGARY, Alberta, Dec. 18, 2017 (GLOBE NEWSWIRE) — Gran Tierra Energy Inc. (NYSE American:GTE) (NYSE MKT:GTE) (TSX:GTE) (“Gran Tierra“) is pleased to announce the closing of the sale of its Peru business pursuant to the previously announced share purchase agreement entered into between the Gran Tierra Energy International Holdings (“GTEIH“), Gran Tierra, PetroTal Ltd. (“PetroTal“) and Sterling

Fintrax Group Completes Tender Offer for All Outstanding Shares of Planet Payment, Inc.

GALWAY, Ireland and LONG BEACH, N.Y., Dec. 18, 2017 (GLOBE NEWSWIRE) — Fintrax Group (“Fintrax”) and Planet Payment, Inc. (Nasdaq:PLPM) (“Planet Payment”)  today announced the successful completion of the previously announced tender offer by an affiliate of Fintrax, Fintrax US Acquisition Subsidiary, Inc. (“Purchaser”), for all of the outstanding shares of common stock of Planet Payment at a price of (i) $4.50 per share of common stock, and (ii) $13.725 per share of Series A Preferred Stock,  without interest and less any applicable withholding taxes. Computershare Trust Company, N.A., the depositary for the tender offer, has advised Fintrax that, as

FILO MINING FILES TECHNICAL REPORT FOR FLAGSHIP FILO DEL SOL PROJECT

December 18, 2017: Filo Mining Corp (TSXV, Nasdaq First North: FIL) (“Filo Mining”, “Filo”, or the “Company”) announces that a National Instrument 43-101 (“NI 43-101”) Technical Report (the “Technical Report”), which summarizes the results of a Preliminary Economic Assessment (“PEA”) for the Company’s Filo del Sol Project has been completed and filed on SEDAR.  The results of the PEA on Filo del Sol were announced in the Company’s news release dated November 28, 2017. The Technical Report titled “Independent Technical Report for a Preliminary Economic Assessment on the Filo del Sol Project, Region III, Chile and San Juan Province, Argentina” dated

Teenage Suicide Reaches All Time High

SAN DIEGO, Dec. 18, 2017 (GLOBE NEWSWIRE) — The Recover.com releases a new page focusing on teenage suicide, mental health, drug addiction and how social media is playing a key role. The mom or dad notices that their teenager is sad, overly emotional, anxious, moody or simply just acting different, something is not quite right. Chances are the parents thoughts or hunches are possibly right. The facts are that according to  the American Psychiatric Association about 50% of mental health cases among teenagers start at around 13 years old and the odds for depression, severe anxiety or bipolar nearly double during the ages

AMR Issuance of Shares

TORONTO, Dec. 18, 2017 (GLOBE NEWSWIRE) — Asian Mineral Resources Limited (the “Company”) (TSX-V: ASN) announces that 7,000,000 common shares of the Company have been issued to its Chief Executive Officer, Mr. Duncan Blount, pursuant to the terms of his employment agreement.  The shares will be subject to a hold period, such that they cannot be traded prior to September 22, 2018. The Company has received conditional approval from the TSXV for the issue of the shares.    ABOUT AMR For further details on AMR, please refer to the technical report entitled “NI 43-101 Technical Report – Ban Phuc Nickel

Sienna Resources To Raise $2 million for Cobalt and Lithium Project Development

VANCOUVER, British Columbia, Dec. 18, 2017 (GLOBE NEWSWIRE) — Sienna Resources (TSX.v:SIE) (FSE:A1XCQ0) (OTCBB:SNNAF) is proposing a non-brokered private placement to consist of up to ten million units at 20 cents per unit for gross proceeds of up to $2-million. Each unit will consist of one common share in the capital of the company and one transferable share purchase warrant, exercisable at 30 cents for a period of five years. The private placement is subject to approval of the TSX Venture Exchange. Sienna Resources Inc. plans to rely upon the existing security holder exemption found in B.C. Instrument 45-534 (Exemption from

DiaMedica Therapeutics Completes Non-Brokered Private Placement

MINNEAPOLIS, Dec. 18, 2017 (GLOBE NEWSWIRE) — DiaMedica Therapeutics Inc. (the “Company”) (TSX-V:DMA) (OTCQB:DMCAF) announced today the closing of its previously announced non-brokered private placement raising total gross proceeds of approximately CAD$1.2 million (approximately USD$950,000) (the “private placement“). The proceeds will be used by the Company to support development with DM199 for the treatment of stroke and for other working capital purposes. In connection with the private placement, the company issued 3,624,408 Units. Each Unit consists of one common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder thereof to acquire one additional

PaperCut Wins BLI 2018 Pick Award for Outstanding Cost Accounting & Cost Control Solution

MELBOURNE, Australia, Dec. 18, 2017 (GLOBE NEWSWIRE) — PaperCut, a global print management software company, has been named an “Outstanding Cost Accounting & Cost Control Solution” award winner in the Document Imaging Software category as part of Keypoint Intelligence’s Buyers Lab (BLI) 2018 Pick Award. Winners of the annual award are selected by BLI – the world’s leading independent evaluator of document imaging software, hardware and services. Recognized among world-class document imaging and management companies, PaperCut MF and PaperCut NG v17.0 were selected by BLI’s analysts as the top cost-saving solution for its unique tracking, reporting, billing, customization and support

Pure Gold Grants Incentive Stock Options

VANCOUVER, British Columbia, Dec. 18, 2017 (GLOBE NEWSWIRE) — Pure Gold Mining Inc. (TSX-V:PGM) (“Pure Gold” or the “Company”) announces that it has granted incentive stock options to its directors and employees, exercisable to purchase up to 5,170,000 common shares in the capital of the Company until December 15, 2022 at an exercise prices of $0.49 per share. Directors and officers of the Company and employees performing investor relations activities were awarded 1,800,000, 2,750,000 and 300,000 stock options respectively. The incentive stock options were granted in accordance with the Company’s Stock Option Plan. ABOUT PURE GOLDOur mandate is pure and

Trisura Group Announces Details of Share Consolidation and Split

TORONTO, Dec. 18, 2017 (GLOBE NEWSWIRE) — Trisura Group Ltd. (“Trisura”) (TSX:TSU) today announced that the 1 for 10 consolidation of its common shares followed immediately by a 10 to 1 share split will become effective prior to market open on December 21, 2017 for common shares held as of close of business on December 20, 2017. Those who hold less than 10 common shares will be entitled to receive cash proceeds per Trisura common share based on the average trading price of the shares on the Toronto Stock Exchange during the 20 consecutive trading days ending on and including

Marathon Patent Group, Inc. Announces $7,450,000 Registered Direct Offering

LOS ANGELES, Dec. 18, 2017 (GLOBE NEWSWIRE) — Marathon Patent Group, Inc. (Nasdaq:MARA), today announced that it has agreed to sell 1,354,546 shares of its common stock for gross proceeds of approximately $7,450,000. Each share of common stock is being sold at a price of $5.50 per share.     The shares were offered and are being sold to certain accredited investors in a registered direct offering. The net proceeds from the offering will be approximately $7,450,000. The offering is expected to close on or about December 21, 2017. The securities were offered by means of a shelf registration statement on

Targa Resources Partners LP Announces Monthly Distribution on Preferred Units

HOUSTON, Dec. 18, 2017 (GLOBE NEWSWIRE) — Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE: NGLS PR A) announced its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Series A Preferred Units”) for December 2017. Targa Resources Partners LP announced today that the board of directors of its general partner has declared a monthly cash distribution of 18.75¢ per Series A Preferred Unit, or $2.25 per Series A Preferred Unit on an annualized basis, for December 2017. This cash distribution will be paid January 16, 2018 on all outstanding Series

Hyatt Zilara & Hyatt Ziva Voted Top Hotel Chain in Mexico

NEW YORK, Dec. 18, 2017 (GLOBE NEWSWIRE) — Playa Hotels & Resorts N.V. (NASDAQ:PLYA) was recognized by Northstar Travel Media at the 15th annual Travel Weekly Readers Choice Awards Gala at the Conrad New York. On December 14, 2017, Playa’s all-inclusive Hyatt Zilara™ and Hyatt Ziva™ brands were named the “Best Hotel Chain in Mexico.” The Travel Weekly Readers Choice 2017 award winners represent the best of the best within the travel industry. These prestigious awards are presented annually to the industry suppliers who lead the way in both product and service. The nominees and award recipients, including Hyatt Zilara

Partners Announces $32.3 Million in Mortgage Financings at Two Properties and Notice of Final Redemption of Its Series III Debentures on January 17, 2018

TORONTO, Dec. 18, 2017 (GLOBE NEWSWIRE) — Partners Real Estate Investment Trust (“Partners” or the “REIT”) (TSX:PAR.UN) is pleased to announce that it has finalized a $20.8 million mortgage at the REIT’s Mariner Square property in Campbell River, British Columbia and a $11.5 million mortgage at the REIT’s Cobblestone Lane property in Grande Prairie, Alberta.  The Mariner Square mortgage closed December 15th and is for $20.8 million, has a five-year term, a 25-year amortization period and an interest rate of 3.77%. Partners will devote $16.3 million of the mortgage monies towards repayment of the property’s existing mortgages, which carried a