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Toronto Pearson awards $1.57M Uplift Fund to 11 local organizations to support workforce development, skilled trades training

Toronto Pearson awards $1.57M Uplift Fund to 11 local organizations to support workforce development, skilled trades training

Yahoo03-06-2025
TORONTO, June 3, 2025 /CNW/ - Toronto Pearson is awarding $1.57 million through its Uplift Fund to 11 organizations dedicated to supporting workforce development and expanding the construction skilled trades in communities surrounding the airport. The airport is also committing to broadening its focus to include organizations and job seekers across the entire Pearson Economic Zone over the next three years.
This investment will provide more than 2,000 local residents with job placements, training, and career coaching in communities around Toronto Pearson, including Brampton, Mississauga, and Etobicoke.
The fund focuses on two streams: breaking down barriers to meaningful employment and growing the construction skilled trades workforce – a new stream that addresses the need to support the construction industry and supports Toronto Pearson's long-term growth plans.
"Toronto Pearson understands the importance of partnering with community organizations, as we move forward with plans to build the airport of the future," said Deborah Flint, President and CEO of Toronto Pearson. "The Uplift Fund is just one way we're catalyzing economic growth and helping to build a skilled workforce that represent the broad experiences of people in the region. We are committed to opening doors, removing barriers, and creating opportunity for people who live and work within our community."
The Uplift Fund, part of the Propeller Project, has contributed more than $5 million in community funding over the past five years. Since 2018, Toronto Pearson's Uplift Fund has been investing and collaborating in programming, advocacy, and research to support local residents seeking to gain the skills, connections and opportunities to retain meaningful employment.
The 11 organizations are:
Construction Skilled Trades Stream
ACCES Employment, Connecting to Careers in Construction - Connecting young refugees and newcomers in Peel and Etobicoke to construction apprenticeships through mobile outreach and Ontario employment programs.
Afro Canadian Contractors Association, Project Ascend: Building Pathways to Success for BIPOC Contractors - Supports BIPOC contractors with skills training in bidding and estimating, mentorship, and post-program support to help them win contracts and grow their businesses.
Building Up, Building Up a Network of Holistic Supports for Long-term Construction Careers - Provides marginalized individuals with long-term career support in the trades, including case management, mentorship, financial coaching, and employer connections.
Skills for Change, Women in Skilled Trades Green Leadership Academy - Empowers newcomer and racialized women in trades with leadership training and industry connections, promoting inclusion in the green economy.
Workforce Development Stream
Achev, Job Action Club - Helps low-income residents in Brampton and Mississauga overcome unemployment through job coaching, skills training, and job search support.
CNIB, Come to Work: Building Brighter Futures - Supports job seekers with sight loss by building employer partnerships and connecting talent to meaningful work through training and career development.
Hospitality Workers Training Centre (HWTC), Uplifting Women's Careers Program - Advances racialized women in hospitality from entry-level to leadership roles through intensive training and career coaching, addressing labour shortages and inclusion.
Humber College, NextPath Project: Communication Micro-Credential Program - Assists internationally trained professionals in bridging employment gaps through communication training, job trials, and credential recognition support.
The DAM, Youth Employment Program - Prepares youth for the workforce with personalized coaching, training, certifications, and career exploration, reducing employment barriers.
The King's Trust Canada, Skills Academy: Creating Pathways to Employment for Young People - Equipping young people with the essential skills employers are seeking such as communication, teamwork, and problem-solving to help them land a job and excel in the modern workplace, highlighting a gap in critical professional skills.
YWCA Toronto, Empower Works Program: Pathways to Higher-Paying and Meaningful Work for Women and Gender Diverse Individuals - Supports women and gender-diverse individuals in accessing higher-paying jobs through tailored career planning, employer connections, and empowerment programming.
About Toronto Pearson
The Greater Toronto Airports Authority is the operator of Toronto Pearson International Airport, Canada's largest airport and a vital connector of people, businesses, and goods.
Toronto Pearson has been named "Best Large Airport in North America serving more than 40 million passengers" seven times in the last eight years by Airports Council International, the global trade representative of the world's airports. Toronto Pearson was also recognized in 2025 as one of "Canada's Best Employers" by Forbes.
For operational updates and passenger information, please visit @TorontoPearson/@AeroportPearson on X. You can also follow us on Facebook or Instagram.
SOURCE Toronto Pearson
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2025/03/c6800.html
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Argo Corporation announces completion of distribution of Preferred Shares, Series A under its special stock dividend and conversion by the holders of its secured convertible debentures
Argo Corporation announces completion of distribution of Preferred Shares, Series A under its special stock dividend and conversion by the holders of its secured convertible debentures

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Argo Corporation announces completion of distribution of Preferred Shares, Series A under its special stock dividend and conversion by the holders of its secured convertible debentures

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Forward-looking information is often, but not always, identified by the use of words such as "seek", "anticipate", "hope", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "scheduled", "believe" and similar expressions. Although the forward-looking information contained in this news release is based upon what management of Argo believes are reasonable assumptions on the date of this news release, Argo cannot assure readers that actual results will be consistent with such forward-looking information. 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Getting Planes Back in the Skies, Getting Canadians Moving
Getting Planes Back in the Skies, Getting Canadians Moving

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Getting Planes Back in the Skies, Getting Canadians Moving

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enCore Energy Corp. Announces Proposed Offering of $75 Million of Convertible Senior Notes Due 2030
enCore Energy Corp. Announces Proposed Offering of $75 Million of Convertible Senior Notes Due 2030

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enCore Energy Corp. Announces Proposed Offering of $75 Million of Convertible Senior Notes Due 2030

NASDAQ:EUTSXV:EU DALLAS, Aug. 19, 2025 /CNW/ - enCore Energy Corp. (NASDAQ: EU) (TSXV: EU) (the "Company" or "enCore"), America's Clean Energy Company™, announced today that it intends to offer, subject to market and other conditions, $75 million in aggregate principal amount of convertible senior notes due 2030 (the "Convertible Notes") in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). In connection with the offering of the Convertible Notes, enCore expects to grant the initial purchasers of the Convertible Notes a 13-day right to purchase up to an additional $11.25 million aggregate principal amount of Convertible Notes. The Convertible Notes will be senior unsecured obligations of enCore, will bear interest payable semi-annually in arrears and will mature on August 15, 2030, unless earlier repurchased, redeemed or converted in accordance with their terms. 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The capped call transactions are expected to cover, subject to anti-dilution adjustments, the number of common shares initially underlying the Convertible Notes, including any additional Convertible Notes issuable upon exercise of the initial purchasers' option to purchase additional Convertible Notes. The capped call transactions are expected generally to reduce the potential dilution to enCore's common shares upon any conversion of the Convertible Notes and/or offset any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, as the case may be, with such reduction and/or offset subject to a cap. In connection with establishing their initial hedges of the capped call transactions, the option counterparties or their respective affiliates expect to enter into various derivative transactions with respect to enCore's common shares and/or purchase common shares concurrently with or shortly after the pricing of the Convertible Notes. 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As a result, neither the Convertible Notes nor any common shares issuable upon conversion of the Convertible Notes may be offered or sold in the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws, and may not be offered or sold to persons located or resident in Canada except pursuant to an exemption from the prospectus requirements of applicable Canadian securities laws. This news release is neither an offer to sell nor a solicitation of an offer to buy the Convertible Notes or any common shares issuable upon conversion of the Convertible Notes, nor will there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About enCore Energy Corp. enCore Energy Corp., America's Clean Energy Company™, is committed to providing clean, reliable, and affordable fuel for nuclear energy as the only United States uranium company with multiple Central Processing Plants in operation. The enCore team is led by industry experts with extensive knowledge and experience in all aspects of ISR uranium operations and the nuclear fuel cycle. enCore solely utilizes ISR for uranium extraction, a well-known and proven technology co-developed by the leaders at enCore Energy. Following upon enCore's demonstrated success in South Texas, future projects in enCore's planned project pipeline include the Dewey-Burdock project in South Dakota and the Gas Hills project in Wyoming. The Company holds other assets including non-core assets and proprietary databases. enCore is committed to working with local communities and indigenous governments to create positive impact from corporate developments. Cautionary Note Regarding Forward Looking Statements Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Any statements contained in this press release that are not based on historical facts, including statements about the offering, the intended use of proceeds, the terms of the Convertible Notes, the capped call transactions, third parties entering into or unwinding derivative transactions with respect to the Company's common shares and/or purchasing or selling the Company's common shares, and the potential impact of the foregoing on dilution to enCore's shareholders or the offset of any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, the market price of the Company's common shares or the Convertible Notes or the initial conversion price of the Convertible Notes, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and Canadian securities laws that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be identified by such words as "will", "expects", "plans", "believes", "intends", "estimates", "projects", "continue", "potential", and similar expressions or variations (including negative variations) of such words and phrases, or statements that certain actions, events or results "may", "could", or "will" be taken. These forward-looking statements are predictions reflecting the best judgment of senior management and reflect our current expectations regarding the offering, the intended use of proceeds, the terms of the Convertible Notes, the capped call transactions, third parties entering into or unwinding derivative transactions with respect to enCore's common shares and/or purchasing or selling the Company's common shares, and the potential impact of the foregoing on dilution to enCore's shareholders or the offset of any cash payments enCore is required to make in excess of the principal amount of converted Convertible Notes, the market price of enCore's common shares or the Convertible Notes or the initial conversion price of the Convertible Notes. These expectations may or may not be realized. Some of these expectations may be based on beliefs, assumptions or predictions that may prove to be incorrect. In addition, our business and operations involve numerous risks and uncertainties, many of which are beyond our control, which could result in our expectations not being realized or otherwise materially affect our business, financial condition, results of operations, cash flows and liquidity. Such risks and uncertainties include, but are not limited to, the risks related to whether enCore will consummate the offering of the Convertible Notes on the expected terms or at all, the anticipated terms of, and the effects of entering into, the capped call transactions, third parties entering into or unwinding derivative transactions with respect to enCore's common shares and/or purchasing or selling enCore's common shares, market and general conditions, and those described in greater detail in our filings with the Securities and Exchange Commission, particularly those described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Should one or more of these risks materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. The Company assumes no obligation to update the information in this communication, except as required by law. Additional information identifying risks and uncertainties is contained in filings by the Company with the respective securities commissions which are available online at and Forward-looking statements are provided for the purpose of providing information about the current expectations, beliefs and plans of management. Such statements may not be appropriate for other purposes and readers should not place undue reliance on these forward-looking statements, that speak only as of the date hereof, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. View original content to download multimedia: SOURCE enCore Energy Corp. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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