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Atrium Mortgage Investment Corporation Announces Change in Finance Department Leadership

Atrium Mortgage Investment Corporation Announces Change in Finance Department Leadership

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Toronto, Ontario--(Newsfile Corp. - July 18, 2025) - Atrium Mortgage Investment Corporation (TSX: AI) announces the resignation of Gigi Wong as CFO of the company.
We are pleased to announce that Jeffrey D. Sherman is rejoining Atrium as Interim Chief Financial Officer effective July 21, 2025. He was previously chief financial officer of Atrium from 2012 to 2017 where he helped transition the company to a listing on the TSX, and helped manage its growth. He has also been CFO of several other public companies including Sun Residential REIT (TSXV), Pure Nickel Inc. (TSX), and has been a director and chair of the audit committee at Acerus Pharmaceuticals Corporation (TSX), and Cleanfield Alternative Energy (TSXV). During his career, Mr. Sherman has also been a course director and course author for many organizations including provincial associations of chartered professional accountants across Canada and was an adjunct professor at York University. Mr. Sherman has a B.Comm from Rotman Commerce (University of Toronto), an M.B.A. from the Schulich School of Business (York University) and is an FCPA, FCA (Ontario).
Robert Goodall, CEO of Atrium, stated, "I would like to thank Jeffrey for assuming the role of Interim CFO while a thorough search is undertaken and a replacement is appointed. We worked closely for 5 years from 2012 to 2017 and I have the utmost respect for Jeffrey's knowledge and experience."
About Atrium
Canada's Premier Non-Bank Lender™
Atrium is a non-bank provider of residential and commercial mortgages that lends in major urban centres in Canada where the stability and liquidity of real estate are high. Atrium's objectives are to provide its shareholders with stable and secure dividends and preserve shareholders' equity by lending within conservative risk parameters.
Atrium is a Mortgage Investment Corporation (MIC) as defined in the Canada Income Tax Act, so is not taxed on income provided that its taxable income is paid to its shareholders in the form of dividends within 90 days after December 31 each year. Such dividends are generally treated by shareholders as interest income, so that each shareholder is in the same position as if the mortgage investments made by the company had been made directly by the shareholder. For further information, please refer to regulatory filings available at www.sedarplus.ca or Atrium's website at www.atriummic.com.
For further information, please contact
Robert G. GoodallChief Executive Officer
(416) 867-1053info@atriummic.comwww.atriummic.com
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259337
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Q2 Metals Defines Initial Exploration Target of 215 to 329 Million Tonnes at the Cisco Lithium Project in James Bay, Quebec, Canada
Q2 Metals Defines Initial Exploration Target of 215 to 329 Million Tonnes at the Cisco Lithium Project in James Bay, Quebec, Canada

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Q2 Metals Defines Initial Exploration Target of 215 to 329 Million Tonnes at the Cisco Lithium Project in James Bay, Quebec, Canada

Highlights The initial Exploration Target estimates a range of lithium mineralization at the Cisco Project from 215 to 329 Mt at a grade ranging from 1.0 to 1.38 % Li2O. Based only on the first 40 holes drilled to date. Drill testing continues with mineralization open at depth and along strike with potential for significant expansion at the Cisco Mineralized Zone. The 2025 Summer Program is ongoing, with rolling assay results anticipated into Q3 2025 as the Company works towards a maiden resource estimate. The Exploration Target was completed by BBA Inc., an independent geological and engineering consulting firm, and is based on exploration and drilling to date. VANCOUVER, British Columbia, July 21, 2025 (GLOBE NEWSWIRE) -- Q2 Metals Corp. (TSX.V: QTWO | OTCQB: QUEXF | FSE: 458) ('Q2' or the 'Company') is pleased to announce an inaugural Exploration Target on the Cisco Lithium Project (the 'Project' or the 'Cisco Project'), located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. The estimated range of potential mineralization and grade is from 215 to 329 million tonnes ('Mt') at a grade ranging from 1.0 to 1.38 % Li2O:Tonnes Range (Mt) Li2O Range (%) Minimum Maximum Minimum Maximum Exploration Target 215 329 1.00 1.38 Table 1: Exploration Target for Cisco Mineralized Zone The potential quantity and grade of the Exploration Target are conceptual in nature. There has been insufficient exploration to estimate and define a Mineral Resource, as defined by National Instrument 43-101 Standards of Disclosure for Mineral Project ('NI 43-101'), and it is uncertain if further exploration will result in the target being delineated as a Mineral Resource. An Exploration Target is used to provide a conceptual estimate of the potential quantity and grade of a mineral deposit, based on known and additional limited geological evidence. It is an early-stage assessment that will help to guide further exploration, but it is not a mineral resource or mineral reserve and should not be treated as such. The Exploration Target for the Cisco Project encompasses the main mineralized zone (the 'Mineralized Zone') (see Figure 1), which includes a total of 40 holes drilled for 16,167.8 metres ('m')1. Figure 1. Cisco Project showing pegmatite outcrop zones in the Exploration Target area The Exploration Target is constrained to the Mineralized Zone and does not include prospective geology and targets that the Company has identified outside of the Mineralized Zone. As such, there is the potential to further increase the overall lithium endowment of the Cisco Project. The large and well-mineralized CO2 outcrop which measures approximately 30 m wide by 80 m long has not yet been confirmed with drilling, and other areas to the east and south of the Mineralized Zone, such as CO6 or CO18 are also not included. Figure 2. Cross section through the Mineralized Zone at Cisco Project 'This Exploration Target represents a major milestone for Q2 and cements Cisco as a globally significant hard rock lithium discovery,' said Alicia Milne, Q2 Metals President and CEO. 'Cisco's location within the James Bay Lithium District, including proximity to the all-season Billy Diamond Highway and, most notably, rail at the nearby town of Matagami, make it an ideal candidate for a development scenario. We are excited to continue to grow and advance the Cisco Project, executing on our strategy to create value for our shareholders.' 'This Exploration Target, particularly its being limited to just the currently defined Mineralized Zone, highlights both the scale potential of the Cisco Project as well as its grade,' said Q2 VP of Exploration, Neil McCallum. 'The Mineralized Zone remains open at depth and along strike and with only 40 holes drilled so far, there is potential for significant expansion at the Cisco Project. We are continuing the 2025 summer drill program with infill drilling of the Mineralized Zone in order to update the current Exploration Target to a NI 43-101 compliant inferred Mineral Resource Estimate.' Figure 3. Cisco Project location Exploration Target Live Webinar Q2 Metals will be hosting a live webinar, with Q&A, on Wednesday July 23 at 9:00 am PT | 12:00 pm ET. To register, click here. Methodology and Determination for the Exploration Target The Company engaged BBA Inc. ('BBA') as an independent consultant to review all exploration and drilling conducted to date at the Cisco Project and to complete an Exploration Target, in accordance with NI 43-101. The Exploration Target is based on BBA's interpretation of the following geology and mineralization data that has been compiled to date: 40 diamond core drill holes completed for 16,167.8 m; 7,358 drill hole assay results; 156 surface rock chip samples; Surface geological mapping and diamond core geological logging; Detailed LiDAR surface topography; and The estimate includes geological information for the lower half of drill hole 36, and all of drill holes 38 and 39 (does not include pending assays). BBA methodology included a complete review of the data and 3D modelling to create a conceptual volume of the pegmatite domains within the Mineralized Zone. The pegmatite domains were interpreted where geological information was available with sufficient quantity and quality. To estimate a tonnage, pegmatite specific gravity ('SG') was used for the pegmatite domains and based on 407 measurements. The average SG of each domain was then applied individually. An associated grade was then applied based on the assay results for each individual domain. The implied tonnage and grade of each volume was then reduced by a factor (confidence factor) to account for the likelihood of each domain being mineralized at a reasonable grade. The grade and tonnage were then further adjusted by an additional factor to be reported as ranges. The estimated tonnages are rounded to the nearest million tonnes and the grade rounded to the nearest 0.01% Li2O. The 3D modelling of the pegmatite domains was restricted to the Mineralized Zone. The extent of the interpreted pegmatite domains was limited up to 250 m around the relevant geological information (drill hole, channel). The thickness of the interpreted pegmatite domains is representative of the pegmatite intercepts. The Exploration Target does not include prospective geology and targets that the Company has identified outside of the Mineralized Zone. As such, there is the potential to further increase the overall lithium endowment of the Cisco Project. Qualified Person Mr. Todd McCracken, is a Qualified Person as defined by NI 43-101, and member in good standing with the Ordre des Géologues du Québec and with the Professional Geoscientists of Ontario. Mr. McCracken has reviewed and approved the technical information in this news release. Mr. McCracken is Director – Mining & Geology – Central Canada, of BBA Inc. and is independent of the Company. Mr. McCracken does not hold any securities in the Company. Neil McCallum, a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 ('QP') has reviewed and approved the technical information in this news release. Mr. McCallum is a director and the Vice President Exploration for Q2. ABOUT Q2 METALS CORP. Q2 Metals is a Canadian mineral exploration company focused on the Cisco Lithium Project located within the greater Nemaska traditional territory of the Eeyou Istchee, James Bay, Quebec, Canada. The Cisco Project is comprised of 801 claims, totaling 41,253 hectares, with the main mineralized zone just 6.5 km from the Billy Diamond Highway, which transects the Project. The Town of Matagami, rail head of the Canadian National Railway, is approximately 150 km to the south. The Cisco Project has district-scale potential with an already identified mineralized zone and drill results that include: 120.3 metres at 1.72% Li2O (hole CS-24-010); 215.6 metres at 1.69% Li2O (hole CS-24-018); 347.1 metres at 1.35% Li2O (hole CS-24-021); 188.6 metres at 1.56% Li2O (hole CS-24-023); and 179.6 metres at 1.66% Li20 (hole CS-25-027) with an additional 58.0 m at 1.75% Li2O; and 91.8 m at 1.81% Li2O. The 2025 Summer Program is ongoing, with rolling assay results anticipated into Q3 2025. FOR FURTHER INFORMATION, PLEASE CONTACT: Alicia MilnePresident & CEOAlicia@ Jason McBrideInvestor Relations ManagerJason@ Chris AckermanCorporate DevelopmentChris@ Telephone: 1 (800) 482-7560E-mail: info@ Follow the Company: Twitter, LinkedIn, Facebook, and Instagram Sampling, Analytical Methods and QA/QC Protocols All drilling is conducted using a diamond drill rig with NQ sized core and all drill core samples are shipped to SGS Canada's preparation facility in Val D'Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada's laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). 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Forward looking statements in this news release include, but are not limited to, statements with respect to the definition of an Exploration Target at the Company's Cisco Project, drilling results on the Cisco Project and inferences made therefrom, the preparation of an exploration target on the Cisco Project, the potential scale of the Cisco Project, the focus of the Company's current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, reallocation of proposed use of funds, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled 'Risk Factors' in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at Should one or more of these risks or uncertainties 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. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law. Neither the 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. ___________________ 1 Summary of Drill and Assay data. Photos accompanying this announcement are available at 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

'New kind of frontier': Shareholder proposals on AI becoming increasingly widespread
'New kind of frontier': Shareholder proposals on AI becoming increasingly widespread

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'New kind of frontier': Shareholder proposals on AI becoming increasingly widespread

When Canada's most valuable companies hosted their annual general meetings this year, there was a new topic for shareholders to vote on among the usual requests to appoint board members and OK their executive compensation. The proposal from Quebec-based investor rights group le mouvement d'éducation et de défense des actionnaires centred on artificial intelligence. It asked 14 companies, including Canada's biggest banks, retailer Dollarama Inc. and telecom giant BCE Inc., to sign a voluntary code of conduct the federal government developed to govern the technology. Experts say the proposal is likely just the start of what they expect to become an annual phenomenon targeting the country's biggest companies — and beyond. "This is a new kind of frontier in Canada for shareholder proposals," said Renée Loiselle, a Montreal-based partner at law firm Norton Rose Fulbright. "Last year, this was not on the ballot. Companies were not getting shareholder proposals related to AI and this year, it absolutely is." Loiselle and other corporate governance watchers attribute the increase in AI-related shareholder proposals to the recent rise of the technology itself. While AI has been around for decades, it's being adopted more because of big advances in the technology's capabilities and a race to innovate that emerged after the birth of OpenAI's ChatGPT chatbot in 2022. The increased use has revealed many dangers. Some AI systems have fabricated information and thus, mislead users. Others have sparked concerns about job losses, cyber warfare and even, the end of humanity. The opportunities and risks associated with AI haven't escaped shareholders, said Juana Lee, associate director of corporate engagement at the Shareholder Association for Research and Education (SHARE). "In Canada, I think, in the last year or two, we're seeing more and more shareholders, investors being more interested in the topic of AI," she said. "At least for SHARE ourselves, many of our clients are making it a priority to think through what ethical AI means, but also what that means for investee companies." That thinking manifested itself in a proposal two funds at the B.C. General Employees' Union targeted Thomson Reuters Corp. with. The proposal asked the tech firm to amend its AI framework to square with a set of business and human rights principles the United Nations has. It got 4.87 per cent support. Meanwhile, MÉDAC centred its proposals around Canada's voluntary code of conduct on AI. The code was launched by the federal government in September 2023 and so far, has 46 signatories, including BlackBerry, Cohere, IBM, Mastercard and Telus. 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It garnered as much as 17.4 per cent support at TD Bank but as little as 3.68 per cent at engineering firm AtkinsRéalis Group Inc. Loiselle said you can't measure the success of a proposal based on whether it passes or not. "The goal of these shareholder proposals is more for engagement," she said. Sometimes, even just by filing a proposal, companies reveal more about their AI use or understand it's an important topic for shareholders and then, discuss it more with them. While proposals don't always succeed, Lee has seen shareholder engagement drive real change. SHARE recently had discussions with a large Canadian software company. AI was central to its business but didn't crop up in its proxy statement — a document companies file governing their annual general meetings. The firm also had no board oversight of the technology. SHARE was able to get the company, which Lee would not name, to amend its board charter to include oversight of AI and commit to more disclosure around its use of the technology in its annual sustainability report. "This is a really positive development and it's leading to improvement related to further transparency," she said. If the U.S. is anything to judge by, Lee and Loiselle agree Canadian shareholders will keep pushing companies to adhere to higher AI standards. South of the border, AI-related proposals first cropped up around two years ago. They've targeted Apple, The Walt Disney Co. and even Netflix, where a vote on disclosing AI use and adhering to ethical guidelines amassed 43.3 per cent support. The frequency and spectrum of AI-related requests shareholders have has only grown since and is likely to be mirrored in Canada, Loiselle said. "The landscape for shareholder proposals is changing and I think that change is here to stay," she said. This report by The Canadian Press was first published July 21, 2025. Tara Deschamps, The Canadian Press Sign in to access your portfolio

Premiers to meet with Indigenous groups on first day of three-day Ontario gathering
Premiers to meet with Indigenous groups on first day of three-day Ontario gathering

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Premiers to meet with Indigenous groups on first day of three-day Ontario gathering

HUNTSVILLE, ONT. — A three-day meeting of the country's premiers gets underway today, and the first item on the agenda is discussions with Indigenous groups. The premiers are gathering at Deerhurst Resort in Ontario's cottage country and trade and tariffs are expected to be the main topics, particularly when they meet Tuesday with Prime Minister Mark Carney. But first they are set to have discussions with leaders from the Assembly of First Nations, the Métis National Council and the Native Women's Association of Canada, among other Indigenous groups. That meeting comes as Indigenous communities have expressed concerns with federal and provincial laws meant to fast-track major infrastructure projects as a way to stimulate the economy facing tariff impacts. The federal law known as Bill C-5 allows cabinet to quickly grant federal approvals for big projects deemed to be in the national interest by sidestepping existing laws, while Ontario's Bill C-5 allows its cabinet to suspend provincial and municipal laws through the creation of so-called "special economic zones." Nine Ontario First Nations have filed a court challenge to the laws and are concerned there will not be meaningful consultation with them. Carney hosted a meeting with hundreds of First Nations chiefs last week and while some chiefs walked out saying they saw an insufficient response to concerns they'd been raising for weeks, others left the meeting "cautiously optimistic." Ford has said that over the course of the meeting this week, the premiers will also talk about emergency management, energy security, sovereignty and national security, health, and public safety. This report by The Canadian Press was first published July 21, 2025. The Canadian Press 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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