logo

A&W FOOD SERVICES OF CANADA INC. ANNOUNCES RESULTS OF 2025 ANNUAL GENERAL MEETING

Cision Canada02-05-2025

VANCOUVER, BC, May 2, 2025 /CNW/ - A&W Food Services of Canada Inc. (TSX: AW) ("Food Services") held its annual general meeting ("AGM") of common shareholders on May 1, 2025. Each of the matters voted upon at the AGM are detailed in Food Services' Management Information Circular dated March 24, 2025, which can be found under Food Services' profile on SEDAR+ (www.sedarplus.ca).
Each of the following candidates were appointed as directors for a term expiring at the close of the next annual general meeting of shareholders: Eric Berke, Andrew W. Dunn, Fern Glowinsky, Paul Hollands, Michael Hollend, Kevin Mahoney, Andrew Mindell, and Susan Senecal.
The total number of votes cast by shareholders in person and by proxy at the AGM was 8,030,345 votes. The voting results in relation to the election of directors were as follows:
The resolution with respect to the reappointment of PricewaterhouseCoopers LLP as Food Services' auditor was put before shareholders for consideration and approval at the Meeting and was duly approved by the requisite number of votes.
Food Services has filed a report of voting results on all resolutions voted on at the AGM under its profile on www.sedarplus.com.
INVESTOR COMMUNICATIONS
For important updates and information regarding A&W, including the timing of future earnings calls, visit A&W's investor relations website at www.awinvestors.ca. A&W uses this website as a primary channel for disclosing key information to its investors.
ABOUT FOOD SERVICES
A&W is a publicly traded company and is the second largest quick-service hamburger restaurant chain in Canada. Operating coast-to-coast, A&W restaurants feature famous trade-marked menu items such as The Burger Family ®, Chubby Chicken ® and A&W Root Beer ®. A&W's shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol "AW".

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Mogo Applies to Extend the Expiry Dates of Certain Warrants
Mogo Applies to Extend the Expiry Dates of Certain Warrants

National Post

time2 hours ago

  • National Post

Mogo Applies to Extend the Expiry Dates of Certain Warrants

Article content VANCOUVER, British Columbia — Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) ('Mogo' or the 'Company'), a digital wealth and payments business, today announced that it has applied to the Toronto Stock Exchange (the 'TSX') to extend the expiry date of 1,120,371 common share purchase warrants (the 'Warrants'). The Warrants were issued pursuant to the Company's US$27.5 million Registered Direct offering in December 2021 and are currently set to expire on June 13, 2025. The Warrants consist of 101,852 warrants with an exercise price of US$16.875 per common share and 1,018,519 warrants with an exercise price of US$14.10 per common share. Each Warrant entitles the holder thereof to acquire one common share of the Company and all other terms of the Warrants will remain the same. Article content The Company is seeking to extend the expiry date of the Warrants to June 13, 2026. No insiders of the Company hold any of the Warrants, directly or indirectly. Finalization of this extension is subject to the approval of the TSX and the warrantholders. If such approvals are obtained, this extension will be effective on the date that is ten business days from the date of this press release (the 'Effective Date'), and the Warrants cannot be exercised during the period from June 13, 2025 up to the Effective Date. Article content Article content Mogo Inc. Article content (NASDAQ:MOGO; TSX:MOGO) is a financial technology company with three distinct business lines: wealth, lending, and payments. Our mission is to provide consumers with innovative financial solutions that drive long-term financial health and success. We operate with a differentiated approach in each business, leveraging technology, behavioral science, and financial tools to create unique value propositions in our respective markets. Article content Our wealth and lending businesses are focused on the Canadian market, where we are the only subprime consumer lender that also offers a holistic wealth and investing solution. This unique integration is designed to help consumers transition from borrowing and debt to long-term wealth building. Separately, our payments business is operated through Carta Worldwide, a wholly owned subsidiary that provides modern card issuing and processing solutions, primarily in Europe. Article content Forward-Looking Statements Article content This news release may contain 'forward-looking statements' within the meaning of applicable securities legislation, including statements regarding the extension of the expiry date of the Warrants, including receipt of TSX and warrantholder approval. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at the time of preparation, are inherently subject to significant business, economic and competitive uncertainties and contingencies, and may prove to be incorrect. Forward-looking statements are typically identified by words such as 'may', 'will', 'could', 'would', 'anticipate', 'believe', 'expect', 'intend', 'potential', 'estimate', 'budget', 'scheduled', 'plans', 'planned', 'forecasts', 'goals' and similar expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual financial results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. Mogo's growth, its ability to expand into new products and markets and its expectations for its future financial performance are subject to a number of conditions, many of which are outside of Mogo's control. For a description of the risks associated with Mogo's business please refer to the 'Risk Factors' section of Mogo's current annual information form, which is available at and Except as required by law, Mogo disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. Article content Article content Article content Article content Article content Article content investors@ Article content Article content Article content

DRI Healthcare Trust Comments on FDA Delay for KalVista Pharmaceuticals' Sebetralstat PDUFA Goal Date Due to FDA Resourcing Constraints
DRI Healthcare Trust Comments on FDA Delay for KalVista Pharmaceuticals' Sebetralstat PDUFA Goal Date Due to FDA Resourcing Constraints

Cision Canada

time3 hours ago

  • Cision Canada

DRI Healthcare Trust Comments on FDA Delay for KalVista Pharmaceuticals' Sebetralstat PDUFA Goal Date Due to FDA Resourcing Constraints

- FDA decision anticipated within four weeks - TORONTO, June 13, 2025 /CNW/ - DRI Healthcare Trust (TSX: (TSX: DHT.U) (the "Trust") today announced KalVista Pharmaceuticals ("KalVista") has disclosed that it has received notice from the U.S. Food and Drug Administration ("FDA") that the FDA will not meet the June 17, 2025 PDUFA goal date for the New Drug Application (NDA) for sebetralstat, due to a heavy workload and agency resourcing issues. KalVista commented that the FDA has not requested additional data or studies and has communicated to KalVista that it anticipates delivering a decision within approximately four weeks. KalVista issued its own press release with the announcement earlier today (link). About DRI Healthcare Trust The Trust is managed by DRI Capital Inc., a pioneer in global pharmaceutical royalty monetization. Since its initial public offering in 2021, the Trust has deployed more than $1.0 billion, acquiring more than 25 royalties on 20-plus drugs, including Eylea, Orserdu, Omidria, Spinraza, Stelara, Vonjo, Zejula and Zytiga. The Trust's units are listed and trade on the Toronto Stock Exchange in Canadian dollars under the symbol " and in U.S. dollars under the symbol "DHT.U". To learn more, visit or follow us on LinkedIn. SOURCE DRI Healthcare Trust

Canadian and U.S. stocks down after Israeli attacks on Iran, price of oil jumps
Canadian and U.S. stocks down after Israeli attacks on Iran, price of oil jumps

Toronto Star

time4 hours ago

  • Toronto Star

Canadian and U.S. stocks down after Israeli attacks on Iran, price of oil jumps

TORONTO - Canada's main stock index closed down along with U.S. markets Friday as investors turned cautious following Israeli attacks on Iranian nuclear and military targets. The attacks, which prompted Iran to fire missiles at Israel in retaliation, raised fears the conflict could escalate further and led to a spike in the price of oil. 'It's clearly a risk-off situation, and a spot where people that maybe want to take a little bit of risk off the table have the opportunity to do so,' said Dustin Reid, chief fixed income strategist at Mackenzie Investments. ARTICLE CONTINUES BELOW Oil prices leapt, and stocks fell on worries that escalating violence following Israel's attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy. (AP Video / June 13, 2025) The price of oil, already rising this week, spiked over fears of supply and trade disruptions, with the August crude oil contract up US$4.65 at US$71.29 per barrel. Higher oil prices helped soften the effects of the pullback on the S&P/TSX composite index, which closed down 111.40 points at 26,504.35 but was less affected than U.S. markets, noted Reid. 'You see materials and energy, subcomponents here within the TSX doing a little bit better, and keeping the index probably, you know, outperforming versus others.' The TSX energy index was up 2.8 per cent and gold stocks moved higher as the metal also rose, helping offset losses in most other sectors including financials, telecoms and technology. In New York, the Dow Jones industrial average was down 769.83 points, or 1.8 per cent, at 42,197.79. The S&P 500 index was down 68.29 points at 5,976.97, while the Nasdaq composite was down 255.66 points at 19,406.83. A big concern for markets is that higher oil prices will put pressure on inflation, and in turn affect interest rate decisions, said Reid. ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW 'It's not particularly constructive for the idea that central banks can cut rates any time soon.' The higher prices could also dampen consumer spending, while the wider situation also creates higher degrees of uncertainty, he said. 'It's probably not great for global sentiment, consumer sentiment,' said Reid. 'So I am a little bit concerned here that the gains that have been had over the last handful of weeks, could be somewhat at risk.' The Canadian dollar rose, trading for 73.54 cents US compared with 73.46 cents US on Thursday, thanks in part to higher oil prices, but it didn't move as much as it might have because investors fled to the U.S. dollar for safety, said Reid. 'The Canadian dollar is surprisingly flat, kind of net net today, against the U.S. dollar anyway,' he said. 'We are seeing a decent bid for the U.S. dollar on safe haven, which has not been the case particularly since early April.' ARTICLE CONTINUES BELOW ARTICLE CONTINUES BELOW The Canadian dollar wasn't helped by manufacturing sales data out Friday that showed a fall of 2.8 per cent in April, the largest monthly drop since October 2023, as the tariff dispute with the United States hit the industry. 'The organic Canadian economy is slowing, and will continue to slow, and you can see it across different spots of the economy, manufacturing clearly being one,' said Reid. The July natural gas contract was up nine cents US at US$3.58 per mmBTU. The August gold contract was up US$50.40 at US$3,452.80 an ounce and the July copper contract was down three cents US at US$4.81 a pound. This report by The Canadian Press was first published June 13, 2025. Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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