Markets
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Canoe EIT Income Fund Announces June 2021 Distribution
- June 5, 2021
- Posted by: Stratford Team
- Category: Markets
No CommentsCALGARY, Alberta, June 04, 2021 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the June 2021 distribution of $0.10 per unit. The distribution will be paid on July 15, 2021 to unitholders of record on June 22, 2021. The ex-distribution date for this distribution is June 21, 2021.About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbols EIT.UN, EIT.PR.A and EIT.PR.B, and is actively managed by Robert Taylor, Portfolio Manager and Head of Equities, Canoe Financial.About Canoe Financial Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing over $9.8 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.For further information, please contact:Investor Relations1–877–434–2796www.canoefinancial.cominfo@canoefinancial.comNot for Distribution to U.S. Newswire Services or for Dissemination in the United States of America. The Fund
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Frontenac Mortgage Investment Corporation Files Restated December 31, 2020 Audited Financial Statements
- June 5, 2021
- Posted by: Stratford Team
- Category: Markets
SHARBOT LAKE, ON, June 4, 2021 /CNW/ – Frontenac Mortgage Investment Corporation (“FMIC”) announces that it has filed restated audited financial statements for the year ended December 31, 2020 to correct a single typographical error that appeared in the notes to the audited financial statements that were filed on April 1, 2021. Due to a document formatting error only part of the complete number appeared in one of the cells in a table in note 8 of the financial statements.SOURCE Frontenac Mortgage Investment Corporation
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SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of CooTek (Cayman) Inc. – CTK
- June 5, 2021
- Posted by: Stratford Team
- Category: Markets
NEW YORK, June 4, 2021 /PRNewswire/ — Pomerantz LLP is investigating claims on behalf of investors of CooTek (Cayman) Inc. (“CooTek” or the “Company”) (NYSE: CTK). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.The investigation concerns whether CooTek and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] In September 2018, CooTek conducted its initial public offering (“IPO”), issuing 4.35 million American Depositary Shares (“ADSs”) priced at $12.00 per ADS. Then, on December 15, 2020, CooTek announced its unaudited financial results for the third quarter of 2020. CooTek disclosed an operating loss of $1.1 million, which the Company stated “mainly relates to compensation payment to victims of alleged misconducts of certain third-party advertisers perpetrated on the Group’s platform that the Group deposited to an escrow account controlled by a local authority conducting investigation on the advertisers.” On this news, CooTek’s ADS price fell $1.99 per ADS, or 31.44%, to close at $4.34 per ADS on December 15, 2020. Then, on June 3, 2021, CooTek announced its unaudited financial results for the first quarter of 2021. CooTek disclosed, among other results, non-GAAP earnings per
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Northwest Copper Reports Financial Results for the Fiscal Year Ended February 28, 2021 and Operating Highlights
- June 5, 2021
- Posted by: Stratford Team
- Category: Markets
VANCOUVER, British Columbia, June 04, 2021 (GLOBE NEWSWIRE) — NorthWest Copper (“NorthWest” or the “Company”) (TSXV:NWST) is pleased to announce financial results for the fiscal year ended February 28, 2021 and recent operating highlights.Highlights and Recent EventsMerger with Sun Metals Corp.On March 5, 2021, the Company announced it had completed the previously announced plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”) with Sun Metals Corp. (“Sun Metals”) pursuant to which NorthWest acquired all of the issued and outstanding shares of Sun Metals (the “Transaction”) on the basis of 0.215 common shares for each share of Sun Metals held. In connection with closing the Transaction, the gross proceeds of $10,350,000 of the bought deal private placement financing completed by Sun Metals in December 2020, less the underwriters cash commission of 6% and underwriters’ expenses, were released from escrow1.Funded Future Growth On March 31, 2021 the Company closed an additional bought-deal private placement, pursuant to which the Company issued 3,750,000 common shares (the “Shares”) at a price of $0.80 per Share, 5,000,000 flow-through common shares (the “FT Shares”) at a price of $1.00 per FT Share, and 4,550,000 charity flow-through common shares (the “Charity FT Shares”) at
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Meituan Launches Green Tech Fund, and Other Initiatives on World Environment Day
- June 5, 2021
- Posted by: Stratford Team
- Category: Markets
HONG KONG, June 4, 2021 /PRNewswire/ — Meituan (HKG: 3690) (the “Company”), China’s leading e-commerce platform for services, today announced the launch of the Meituan Green Tech Fund and a series of green initiatives to celebrate World Environment Day.Meituan is allocating an initial amount of RMB 500 million for the Meituan Green Tech Fund to drive low-carbon green development together with industry organizations, researchers and scientists. In response to China’s carbon neutral efforts as a whole, this particular initiative aims to support the research and application of green technologies through charitable causes. The United Nations has designated June 5th as World Environment Day, with this year’s theme: “Reimagine.Recreate.Restore.” While this day has been celebrated since 1972, recent challenges caused by climate change and COVID-19 have brought environmental issues into focus with a greater sense of urgency. Meituan’s efforts strongly align with the United Nations’ goal of ecosystem restoration, and this new fund furthers the Company’s existing sustainability commitments. The fund will focus on two initiatives, the Meituan Green Tech Award and a demonstration project. The Meituan Green Tech Award will support emerging researchers’ and scientists’ studies on fundamental technologies that support China’s low-carbon and circular development strategy. The demonstration project
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Halmont Properties Corporation First Quarter Results
- June 5, 2021
- Posted by: Stratford Team
- Category: Markets
TORONTO, June 04, 2021 (GLOBE NEWSWIRE) — HALMONT PROPERTIES CORPORATION (TSX-V: HMT) announced today that net income to common shareholders for the three months ended March 31, 2021 was $ 622,000 as compared to net income of $ 770,000 for the three months ended March 31, 2020. Three months ended(in millions)March 31, 2021 March 31, 2020 Revenue $ 2,153 $ 2,735 Net income- total 935 1,117 – for common shareholders 622 770 Net income per share for common shareholders 0.34¢ 0.65¢The decrease in the Company’s earnings compared to the same period in 2020 is due principally to the impact of COVID-19 on our commercial office property portfolio. Our other business operations have performed well, and we are working to mitigate issues related to our commercial properties.The book value of each common share increased to 0.61¢ at March 31, 2021 compared to 0.58¢ at March 31, 2020. Halmont revalues its principal assets each year in accordance with IFRS accounting principles, considering available market information and the relevant terms of its joint-venture and partnership agreements. As a result, the common share book value approximates their realizable values.Halmont Properties Corporation invests directly in real estate and securities of companies holding property, energy, and infrastructure. This news release includes certain forward-looking statements including management’s assessment of the
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Organic Garage Significantly Expands Online Reach With North America’s Largest Online Delivery Platform Instacart
- June 5, 2021
- Posted by: Stratford Team
- Category: Markets
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RBC has poached a senior credit analyst from UBS for its growing junk bond and distressed trading desk
- June 5, 2021
- Posted by: Stratford Team
- Category: Markets
RBC has been building out its leveraged finance desk over the past two years. Roberto Machado Noa/LightRocket via Getty Images
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Fisher-Price recalled about 270,000 of its baby gliders following 4 infant deaths
- June 5, 2021
- Posted by: Stratford Team
- Category: Markets
CPSC
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Tandem Diabetes Care Announces Presentations Demonstrating Immediate and Sustained Real-World Improvements with Control-IQ Technology
- June 5, 2021
- Posted by: Stratford Team
- Category: Markets

