TSX Stock News

TSX Stock News

Canada
Cydney Posner

Are responses to failed say-on-pay votes consequential?

Are you ever surprised that more companies don’t fail their say-on-pay votes? Say on pay was adopted by the SEC under a Dodd-Frank mandate signed into law against the backdrop of the 2008 financial crisis. The mandate was enacted largely in reaction to the public’s railing against the runaway levels of compensation paid to some corporate executives despite poor performance by their companies, especially when those firms were viewed as contributors to the crisis itself. Say on pay was expected to help rein in excessive levels of compensation and, even though the vote was advisory only, ascribe some level of

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Canada
Date

Schachter Catch The Energy Conference Opens The Market

Date 10/21/2024 3:09:35 PM (MENAFN– Newsfile Corp) Toronto, Ontario–(Newsfile Corp. – October 21, 2024) – Josef Schachter, President of Schachter energy Research Service, and Author of the Schachter Energy Report, along with company executives that are presenting at the conference this year, joined Berk Sumen, Managing Director, Toronto stock exchange and TSXV Company Services, to open the market. Cannot view this video? Visit: Schachter Energy Research Service is celebrating their 5th Annual “Catch the Energy” Conference in Calgary on October 19, 2024. The conference is an opportunity for active investors interested in the energy, clean technology and critical materials sectors

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Canada
GlobeNewswire

Eloro Resources Increases Non-Brokered Private Placement Offering Up to $3,510,000 and Announces Closing of First Tranche

This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: GlobeNewswire Published Oct 21, 2024  •  3 minute read Article content NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. TORONTO, Oct. 21, 2024 (GLOBE NEWSWIRE) — Eloro Resources Ltd. (“Eloro” or the “Company”) (TSX: ELO; OTCQX:

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Canada
TSX Stocks

Elcora Proposes to Extend Convertible Promissory Note Maturity Date

Elcora Proposes to Extend Convertible Promissory Note Maturity Date – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Monday, October 21, 2024 · 753,705,528 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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Canada
Margaret Jackson

Cannabis operator Canopy Growth reduces loan term by $100 million

Canadian cannabis operator Canopy Growth Corp. made an early payment to reduce a loan term by $100 million (roughly 138.5 million Canadian dollars). The prepayment enables Canopy Growth to reduce its debt at a discounted price of $97.5 million and results in annualized interest savings of about $14 million, according to a news release. ADVERTISEMENT The company said the move strengthens the company’s financial position as it executes strategic priorities. “This early prepayment reflects our ongoing commitment to reducing cash burn and strengthening our capital structure,” Canopy Growth Chief Financial Officer Judy Hong said in a statement. “Our proactive steps

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Canada
Patricio Liddle

SNDL Completes $37M Nova Cannabis Acquisition, Strengthening Canadian Market Position

SNDL Inc. SNDL announced Monday the completion of its acquisition of Nova Cannabis Inc. NVACF NOVC, securing full ownership by purchasing the remaining 34.8% of shares it did not already hold. The transaction was approved by over two-thirds of Nova shareholders and a majority of disinterested shareholders, enhancing SNDL’s cannabis retail operations efficiency. Nova Shareholders Cash In On Deal Under the arrangement, Nova shareholders received $1.75 in cash per share, a 41.2% premium over the 20-day volume-weighted average trading price as of August 12, 2024. Alternatively, they could opt for 0.58 of a SNDL common share for each Nova share,

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Canada
Posted by Tony Lange

SNDL Completes Privatization of Nova, Welcomes New Director

CALGARY, Alberta, Oct. 21, 2024 – PRESS RELEASE – SNDL Inc. and Nova Cannabis Inc. announced the closing of the previously announced plan of arrangement under which SNDL has acquired all of the issued and outstanding common shares in the capital of Nova not already owned by SNDL, representing approximately 34.8% of the Nova shares. The arrangement was approved by at least two-thirds of the holders of Nova shares and the majority of disinterested Nova shareholders under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions at a special meeting of the Nova Shareholders on Oct. 16,

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Canada
Date

Hit, Split, Stand Or Double Down? Northstar Gaming Unveils Its First-Ever Online Blackjack Championship In Ontario

(MENAFN– Newsfile Corp) Toronto, Ontario–(Newsfile Corp. – October 21, 2024) – NorthStar Gaming Holdings Inc. (TSXV: BET) (OTCQB: NSBBF) (“NorthStar” or the “Company”) is calling all Blackjack players and casino enthusiasts to compete in a $100,000 online Blackjack tournament, the ultimate online competition for Blackjack players. Launching today, the inaugural NorthStar Blackjack Championship runs until November 25, 2024. Stakes are high as the NorthStar Blackjack Championship offers an unparalleled opportunity for players of all levels a chance to be crowned Ontario’s best online Blackjack player and claim their share of the $100,000 prize pool. In addition to championship bragging rights,

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Canada
Don Dowd

Roof Leads Today, a Subsidiary of Pay4Leads Inc., Experiences Unprecedented Expansion Amid Industry Boom

Roof Leads Today, a Subsidiary of Pay4Leads Inc., Experiences Unprecedented Expansion Amid Industry Boom – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Monday, October 21, 2024 · 753,610,637 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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Canada
Business Wire

Sherritt Provides an Operational Update

This section is Partnership Content supplied The content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Breadcrumb Trail Links Business Wire News Releases PMN Press Releases Author of the article: Business Wire Published Oct 21, 2024  •  8 minute read Article content NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO — Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) today announced an operational update following a countrywide power outage in Cuba

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