
Altai Announces Filing of Meeting Materials for Special Meeting of Shareholders
Shareholders are encouraged to read the Meeting Materials, which have been filed on SEDAR+ and can be viewed at www.sedarplus.ca under the Company's profile. The Meeting Materials will be mailed in due course to the Shareholders entitled to vote at the Meeting.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
43 minutes ago
- Globe and Mail
Former newswire employee convicted of using unpublished press releases for insider trading
Toronto-area software developer Harpreet Saini must pay more than $1.4-million in fines and spend several months in jail after pleading guilty to insider trading. The sentence announced by the Ontario Securities Commission on Wednesday ends a years-long investigation into Mr. Saini's use of unpublished corporate press releases to trade securities. The OSC tried the case in the Ontario Court of Justice in order for a jail term to be imposed. Mr. Saini admitted to accessing non-public information between May 2018 and July 2021 when he was an employee of Intrado Corporation, which owned the GlobeNewswire service at the time. GlobeNewswire is among the largest sources of corporate disclosure globally and was most recently acquired in May, 2025, by shareholder services provider Equiniti. It distributes news releases on behalf of thousands of companies based in 90 countries around the world. Mr. Saini traded securities 553 times based on information gleaned from 497 unpublished press releases, according to the OSC, resulting in illicit gains exceeding US$770,000. GlobeNewswire employees in Toronto charged with insider trading and fraud In addition to spending six months less a day in jail, his sentence also requires Mr. Saini to repay roughly $1.15-million in ill-gotten profits plus a $100,000 penalty. Provincial law also imposes a mandatory 25 per cent fine surcharge on that amount, bringing his total financial penalty to $1,436,393.66. During the course of the investigation, OSC staff discovered WhatsApp conversations between Mr. Saini and John Natividad, another former GlobeNewswire programmer, discussing possible price movements in the publicly-listed shares of companies that were preparing to issue news through the service. Court records show the two programmers had found a way around the system maintained by GlobeNewswire to track which employees clicked on news releases before they were published. Employees could hover their cursor over a partial headline to reveal the full title 'without leaving an audit trail,' OSC forensic auditor Anthony Long said in an affidavit. The case against Mr. Natividad, who was charged alongside Mr. Saini in September, 2022, remains ongoing. 'Employees who have access to confidential corporate information have a duty to safeguard that information and not misuse it for their personal benefit,' Bonnie Lysyk,' executive vice president of enforcement at the OSC, said in an statement. 'Insider trading is illegal, and it erodes investor confidence in our markets.' This is one of the first major cases to be concluded under Ms. Lysyk's tenure as the market watchdog's top enforcer. She joined the OSC in October, 2024, after spending a decade as the auditor-general of Ontario. Penalties worth more than $1-million and punishments involving jail time are both rare in securities law violations. In its most recent fiscal year, the Ontario Capital Markets Tribunal – an independent division of the OSC – issued a total of $81.6-million worth of administrative penalties, disgorgement orders and settlement amounts. Sentences involving jail time must be issued by provincial courts as the Tribunal can only impose monetary penalties and ban individuals from trading securities serving as corporate officers or directors. According to the OSC's latest annual report, Ontario courts handed down a total of 57 months worth of jail sentences for matters referred to them by the regulator during its 2023-2024 fiscal year. The OSC also has a long history of struggling to collect the fines it issues. Its current collections rate is just 4.5 per cent, meaning it receives just $4.50 for every $100 in penalties levied.


Toronto Star
3 hours ago
- Toronto Star
Built with Now: Staffbase announces integration with ServiceNow to deliver seamless digital employee experience
NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) — Staffbase today announced a product integration with ServiceNow to unify digital workflows with internal communications, helping organizations extend the power of the ServiceNow AI Platform across the entire workforce. The joint effort enables Staffbase to create better experiences and drive value for customers by surfacing critical ServiceNow workflows in a way that is intuitive, accessible, and engaging for all employees, including frontline and non-desk workers. As a Build Partner, the certified Staffbase–ServiceNow integration provides embedded ServiceNow widgets and search functionality within the Staffbase platform and is available via the Staffbase website and the ServiceNow Store.


Toronto Star
3 hours ago
- Toronto Star
Stingray Announces Election of Directors
MONTREAL, Aug. 06, 2025 (GLOBE NEWSWIRE) — In accordance with the TSX Company Manual, Stingray Group Inc. (TSX: RAY.A; RAY.B) (the 'Corporation') is issuing this news release to disclose the voting results for the election of directors at its annual general meeting of shareholders held virtually earlier today. Each of the following ten (10) nominees proposed by the Corporation was duly elected as director of the Corporation by the votes cast at the meeting. The results of the vote are as follows: