logo
ADF GROUP INC. ANNOUNCES THE RESULTS OF THE DIRECTORS' ELECTION Français

ADF GROUP INC. ANNOUNCES THE RESULTS OF THE DIRECTORS' ELECTION Français

Cision Canadaa day ago

TERREBONNE, QC, June 11, 2025 /CNW/ - ADF GROUP INC . ("ADF" or the "Corporation") (TSX: DRX) has announced its director election results following its annual meeting of shareholders held on June 10, 2025.
Each of the nominees proposed as director in the management proxy circular dated April 14, 2025 was elected as director of ADF Group Inc. by a majority of the shareholders entitled to vote on a vote by way of ballot.
In total, 3,142,112 Subordinate Voting Shares (approximately 18.87% of the class) and 12,076,818 Multiple Voting Shares (approximately 100% of the class, excluding fractional shares) were represented in person or by proxy at the meeting, representing a combined total of approximately 90.17% of the voting rights attached to all shares issued and outstanding as at the Record date of April 14, 2025.
The percentage of votes cast for or withheld from the vote with respect to each of the directors were distributed as follows:
About ADF Group Inc.
ADF Group Inc. is a North American leader in the design and engineering of connections, fabrication, including industrial coatings, and installation of complex steel structures, heavy steel built-ups, as well as in miscellaneous and architectural metals for the non-residential construction industry. ADF Group Inc. is one of the few players in the industry capable of handling highly technically complex mega projects on fast-track schedules in the commercial, institutional, industrial and public sectors. The Corporation operates two fabrication plants and two paint shops, in Canada and in the United States.
SOURCE ADF Group Inc.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

S&P/TSX composite edges up in late-morning trading
S&P/TSX composite edges up in late-morning trading

CTV News

time44 minutes ago

  • CTV News

S&P/TSX composite edges up in late-morning trading

The TMX Market Centre at the Toronto Stock Exchange (TSX) in Toronto, Ontario, Canada, on Wednesday, Nov. 8, 2023. The S&P/TSX Composite rose 0.3%, with six of 11 sectors higher, led by energy stocks. TORONTO — Strength in telecom stocks helped Canada's main stock index creep higher in late-morning trading, while U.S. stock markets were mixed. The S&P/TSX composite index was up 10.94 points at 26,535.10. In New York, the Dow Jones industrial average was down 61.58 points at 42,804.19. The S&P 500 index was up 8.22 points at 6,030.46, while the Nasdaq composite was up 39.44 points at 19,655.32. The Canadian dollar traded for 73.47 cents US compared with 73.18 cents US on Wednesday. The July crude oil contract was down 51 cents US at US$67.64 per barrel and the July natural gas contract was up six cents at US$3.56 per mmBTU. The August gold contract was up US$59.70 at US$3,403.40 an ounce and the July copper contract was up two cents US at US$4.84 a pound. This report by The Canadian Press was first published June 12, 2025.

S&P/TSX composite edges up in late-morning trading, U.S. stock markets mixed
S&P/TSX composite edges up in late-morning trading, U.S. stock markets mixed

Winnipeg Free Press

timean hour ago

  • Winnipeg Free Press

S&P/TSX composite edges up in late-morning trading, U.S. stock markets mixed

TORONTO – Strength in telecom stocks helped Canada's main stock index creep higher in late-morning trading, while U.S. stock markets were mixed. The S&P/TSX composite index was up 10.94 points at 26,535.10. In New York, the Dow Jones industrial average was down 61.58 points at 42,804.19. The S&P 500 index was up 8.22 points at 6,030.46, while the Nasdaq composite was up 39.44 points at 19,655.32. The Canadian dollar traded for 73.47 cents US compared with 73.18 cents US on Wednesday. The July crude oil contract was down 51 cents US at US$67.64 per barrel and the July natural gas contract was up six cents at US$3.56 per mmBTU. The August gold contract was up US$59.70 at US$3,403.40 an ounce and the July copper contract was up two cents US at US$4.84 a pound. Monday Mornings The latest local business news and a lookahead to the coming week. This report by The Canadian Press was first published June 12, 2025. Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

ERRATUM - Innergex Announces the Repayment at Maturity of its 4.75% Convertible Unsecured Subordinated Debentures due June 30, 2025
ERRATUM - Innergex Announces the Repayment at Maturity of its 4.75% Convertible Unsecured Subordinated Debentures due June 30, 2025

Cision Canada

timean hour ago

  • Cision Canada

ERRATUM - Innergex Announces the Repayment at Maturity of its 4.75% Convertible Unsecured Subordinated Debentures due June 30, 2025

LONGUEUIL, QC, June 12, 2025 /CNW/ - Innergex Renewable Energy Inc. (TSX: INE) ("Innergex" or the "Corporation") is pleased to announced its intention to repay in full on June 30, 2025, being the maturity date, (the "Maturity Date") all of its then-outstanding 4.75% convertible unsecured subordinated debentures due on June 30, 2025 (the "Debentures") in accordance with the provisions of the trust indenture (the "Indenture") dated June 12, 2018 between the Corporation and Computershare Trust Company of Canada (the "Trustee"). The cash payment for the repayment in full of the Debentures will be 100% of the aggregate outstanding principal amount, together with accrued and unpaid interest up to, but excluding, the Maturity Date (the "Maturity Date Payment"). In accordance with the Indenture, Innergex intends to satisfy its obligation to pay the Maturity Date Payment to the Trustee in cash. Interest upon the entire aggregate principal amount of the Debentures will cease to be payable from and after the Maturity Date. The Corporation intends to draw approximately $151.5 million under its revolving credit facility and use such funds to repay in full the Debentures. The Debentures are listed on the Toronto Stock Exchange ("TSX") under the symbol " and will be delisted from the facilities of the TSX in connection with their repayment at maturity. Beneficial owners of the Debentures are encouraged to contact their investment dealer if they have any questions. About Innergex Renewable Energy Inc. For 35 years, Innergex has believed in a world where abundant renewable energy promotes healthier communities and creates shared prosperity. As an independent renewable power producer which develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities, Innergex is convinced that generating power from renewable sources will lead the way to a better world. Innergex conducts operations in Canada, the United States, France and Chile and manages a large portfolio of high-quality assets currently consisting of interests in 91 operating facilities with an aggregate net installed capacity of 3,737 MW (gross 4,693 MW), including 42 hydroelectric facilities, 36 wind facilities, 10 solar facilities and 3 battery energy storage facilities. Innergex also holds interests in 16 projects under development with a net installed capacity of 915 MW (gross 1,547 MW), 5 of which are under construction, as well as prospective projects at different stages of development with an aggregate gross installed capacity totaling 10,288 MW. Its approach to building shareholder value is to generate sustainable cash flows and provide an attractive risk-adjusted return on invested capital. To learn more, visit or connect with us on LinkedIn. Cautionary Statement Regarding Forward-Looking Information To inform readers of the Corporation's future prospects, this press release contains forward-looking information within the meaning of applicable securities laws ("Forward-Looking Information"), including the repayment of the Debentures on the Maturity Date and to draw amounts under the revolving credit facility. Forward-Looking Information can generally be identified by the use of words such as "approximately", "may", "will", "could", "believes", "expects", "intends", "should", "would", "plans", "potential", "project", "anticipates", "estimates", "scheduled" or "forecasts", or other comparable terms that state that certain events will or will not occur. It represents the projections and expectations of the Corporation relating to future events or results as of the date of this press release. For more information on the risks and uncertainties, please refer to the "Forward-Looking Information" section of the Management's Discussion and Analysis for the three months ended March 31, 2025. Although we have attempted to identify important risk factors that could cause actual results to differ materially from those contained in Forward-Looking Information, there may be other risk factors not presently known to us or that we presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such Forward-Looking Information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on Forward-Looking Information, which speaks only as of the date made. The Forward-Looking Information contained in this press release represents the Corporation's expectations as of the date of this press release (or as the date they are otherwise stated to be made) and are subject to change after such date. However, the Corporation disclaims any intention or obligation or undertaking to update or revise any Forward-Looking Information whether as a result of new information, future events or otherwise, except as required under applicable securities laws. All of the Forward-Looking Information contained in this press release is expressly qualified by the foregoing cautionary statements. SOURCE Innergex Renewable Energy Inc.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store