Latest news with #NationalInstrument51-102
Cision Canada
07-08-2025
- Business
- Cision Canada
Power Financial - Dividends on Preferred Shares Français
All figures are expressed in Canadian dollars. MONTRÉAL, Aug. 7, 2025 /CNW/ - The Board of Directors of Power Financial Corporation (Power Financial or the Corporation) today declared the following quarterly dividends on the Corporation's preferred shares. Dividends on Preferred Shares Dividends payable November 15, 2025 to shareholders of record October 24, 2025: [1] Equal to one quarter of 70% of the average prime rate of two major Canadian chartered banks for the period July 1 to September 30, 2025. Dividends payable October 31, 2025 to shareholders of record October 10, 2025: For purposes of the Income Tax Act (Canada) and any similar provincial legislation, all of the above dividends on the Corporation's preferred shares are eligible dividends. About Power Financial Power Financial, a wholly owned subsidiary of Power Corporation of Canada, is an international management and holding company with interests in financial services and asset management businesses in Canada, the United States and Europe. It also has significant holdings in a portfolio of global companies based in Europe. To learn more, visit Readers are reminded that Power Financial relies on certain of the continuous disclosure documents filed by Power Corporation of Canada pursuant to an exemption from the requirements of National Instrument 51-102 – Continuous Disclosure Obligations as provided in the decision of the Autorité des marchés financiers and the Ontario Securities Commission, dated September 10, 2024, regarding Power Financial and Power Corporation of Canada, and that such continuous disclosure documents, including a press release announcing the second quarter 2025 financial results of Power Corporation of Canada, can be found for viewing in electronic format under the profile of Power Financial on SEDAR+ at
Hamilton Spectator
31-07-2025
- Business
- Hamilton Spectator
A.I.S. Resources Granted Voluntary Management Cease Trade Order
VANCOUVER, British Columbia, July 30, 2025 (GLOBE NEWSWIRE) — A.I.S. Resources Limited ( TSXV: AIS, OTC- PINK: AISSF ) ('AIS' or the 'Company') announces that effective July 30, 2025 it has been granted a voluntary management cease trade order in accordance with National Policy 12-203 due to it not being able to file its annual financial statements and management's discussion and analysis ('MD&A') for the year ended March 31, 2025 on SEDAR within 120 days of its financial year-end. The management cease trade order has been granted by the Company's principal regulator, the British Columbia Securities Commission. The Company was not able to complete the year-end audit within the time periods required by National Instrument 51-102 due to insufficient funds to settle the outstanding audit fee. The Company expects to obtain a loan financing and settle the outstanding audit fee. As a significant part of the audit work has been completed, the Company expects the audit to be concluded soon after the outstanding fee is paid. As a result, the Company requires additional time to file its annual financial statements and MD&A for the financial year ended March 31, 2025. The Company expects to file its annual financial statements and MD&A for the year ended March 31, 2025 as soon as they are available, but in any event no later than September 29, 2025, and will issue a news release once they have been filed. The Company intends to satisfy the provisions of the alternative information guidelines of National Policy 12-203, by issuing bi-weekly default status reports, in the form of news releases, until the revocation of the management cease trade order. The Company is not subject to any insolvency proceedings. The management cease trade order will prohibit the chief executive officer and the chief financial officer of the Company from trading in securities of the Company for so long as the annual financial statements and MD&A are not filed. The issuance of the management cease trade order does not affect the ability of persons other than the chief executive officer and the chief financial officer of the Company to trade in the Company's securities. About A.I.S. Resources Limited A.I.S. Resources Limited is a publicly traded company listed on the TSX Venture Exchange. The Company focuses on natural resource opportunities, aiming to unlock value by acquiring early-stage projects and providing the necessary technical and financial support to develop them. AIS is guided by a seasoned team of engineers, geologists, and finance professionals with a proven track record of success in capital markets. On Behalf of A.I.S. Resources Limited Martyn Element Chairman Corporate Contact For further information, please contact: Martyn Element, Chairman of the Board T: +1-604-220-6266 E: melement@ Website: ADVISORY: This press release contains forward-looking statements. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cision Canada
15-07-2025
- Business
- Cision Canada
SOMA GOLD CORP. ANNOUNCES CHANGE OF AUDITOR
VANCOUVER, BC, July 15, 2025 /CNW/ - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: SMAGF) (the " Company" or " Soma") announces that it has changed its auditor from Doane Grant Thornton LLP (" Former Auditor") to PricewaterhouseCoopers LLP (" Successor Auditor" or " PwC"), effective July 5, 2025. The change in auditors was approved by the Board of Directors to better align audit and advisory services with the Company's growth strategy and evolving operations. The appointment of PwC will be submitted to shareholders for approval at the Company's next Annual General Meeting, scheduled for December 2025. The Former Auditor's reports on the Company's financial statements for the two most recent fiscal years ended December 31, 2024, and December 31, 2023, did not contain any modifications or reservations, and there were no reportable events as defined in National Instrument 51-102 (Continuous Disclosure Obligations) in connection with their audits through to the date of change. Greg Hayes, Chief Financial Officer of Soma, commented: "We thank Doane Grant Thornton for their professionalism and service over the past several years. Their support was instrumental during a period of significant development for Soma. As we expand our operations, we look forward to working with PwC to support our next phase of growth." In accordance with NI 51-102, the Company has filed a Notice of Change of Auditor along with the required letters from both the Former Auditor and the Successor Auditor on SEDAR+. ABOUT SOMA GOLD Soma Gold Corp. (TSXV: SOMA) is a profitable mining company focused on gold production and exploration. The Company owns over 43 sq. kilometers of mineral concessions following the prolific OTU fault in Antioquia, Colombia and two fully permitted mills located within 25 kilometers of each other, with a combined milling capacity of 675 tpd. The El Bagre Mill operates at 450 TPD and the El Limón mill is slated to restart operations in Q3 2025. Internally generated funds are being used to finance a regional exploration program. With a solid commitment to sustainability and community engagement, Soma Gold Corp. is dedicated to achieving excellence in all aspects of its operations. The Company also owns an exploration property near Tucuma, Para State, Brazil that is currently under option to Ero Copper Corp. On behalf of the Board of Directors "Geoff Hampson" Chief Executive Officer and President 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. All statements, analysis and other information contained in this press release about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change except as required by applicable laws. Investors should not place undue reliance on forward-looking statements. SOURCE Soma Gold Corp.
Yahoo
06-06-2025
- Business
- Yahoo
Aion Therapeutic Announces Change of Auditor
Toronto, Ontario--(Newsfile Corp. - June 6, 2025) - Aion Therapeutic Inc. (CSE: AION) ("Aion Therapeutic" or the "Company") announced today that the Company's audit committee and board of directors approved a change in the Company's auditors from DNTW Toronto LLP (the "Former Auditor") to Horizon Assurance LLP (the "Successor Auditor"), effective June 6, 2025. There were no reservations in the Former Auditor's reports for the two most recently completed fiscal years or for any period after the most recently completed period for which an audit report was issued and preceding the date of the Former Auditor's resignation. There are no reportable events, including disagreements, consultations, or unresolved issues as defined in Part 4.11 of National Instrument 51-102 Continuous Disclosure Obligations ("NI 51-102") between the Company and the Former Auditor. The change of auditor notice and associated materials have been filed on the Company's profile on SEDAR+ at About Aion Therapeutic Inc. Aion Therapeutic is a forward-thinking business within the health and wellness sector with a diverse portfolio of intellectual property. With a commitment to innovation and transformative solutions, the Company is poised to drive positive change to redefine the boundaries of health and wellness. Toppen, a wholly-owned subsidiary of Aion Therapeutic, is a US-based innovative health and wellness company dedicated to delivering state-of-the-art water filtration solutions. With a focus on innovation, affordability, and sustainability, Toppen's water filtration solutions are designed to meet the diverse needs of consumers, businesses, and industries around the world as they strive to provide access to clean and safe water. For further information, please contact: Aion Therapeutic SimmondsExecutive Vice Chair & CEO(416) 843-2881 DISCLAIMER & READER ADVISORY This release contains forward-looking information within the meaning of applicable Canadian securities legislation. Expressions such as "anticipates", "expects", "believes", "estimates", "could", "intends", "may", "plans", "predicts", "projects", "will", "would" and other similar expressions, or the negative of these terms, are generally indicative of forward-looking information. Forward looking statements in this press release include statements regarding the completion of the Offering, the timing thereof and the proposed use of proceeds under the Offering. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. In addition, the forward- looking information contained in this release is based upon what management believes to be reasonable assumptions. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain, and no assurance can be given that the expectations reflected in such information will prove to be correct. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, the Company assumes no obligation to update or revise such information to reflect new events or circumstances. The securities of the Company have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This release is issued for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release. To view the source version of this press release, please visit
Yahoo
28-05-2025
- Business
- Yahoo
Maritime Announces Grant of Incentive Stock Options
Toronto, Ontario--(Newsfile Corp. - May 28, 2025) - Maritime Resources (TSXV: MAE) ("Maritime" or the "Company") is pleased to announce that it has granted an aggregate of 17,062,800 incentive stock options (the "Options") under the Company's omnibus equity incentive plan, to certain directors, officers and employees of the Company. The Options are exercisable at a price of $0.11 per common share, will have a term of five years from the date of grant, and will vest immediately on the date of grant. The Options are subject to the terms and conditions prescribed by the TSX Venture Exchange and applicable securities laws. About Maritime Resources Corp. Maritime (TSXV: MAE) (OTC Pink: MRTMF) is a gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador, a top tier global mining jurisdiction. Maritime holds a 100% interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property which includes the former Hammerdown gold mine and the Orion gold project. Maritime controls over 439 km2 of exploration land including the Green Bay, Whisker Valley, Gull Ridge and Point Rousse projects. Mineral processing assets owned by Maritime in the Baie Verte mining district include the Pine Cove mill and the Nugget Pond gold circuit. On Behalf of the Board: MARITIME RESOURCES CORP. Garett Macdonald, MBA, President and CEOPhone: (416) 365-5321info@ TwitterFacebookLinkedInYouTube Caution Regarding Forward Looking Statements: Certain of the statements made and information contained herein is "forward-looking information" within the meaning of National Instrument 51-102 - Continuous Disclosure Obligations of the Canadian Securities Administrators. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may also be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "could" or "would". While the Company considers its assumptions to be reasonable as of the date hereof, forward-looking statements and information are not guarantees of future performance and readers should not place undue importance on such statements as actual events and results may differ materially from those described herein. 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. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking statements in this news release include without limitation, statements with respect to the grant of Options. All forward-looking information contained in this press release is given as of the date hereof, and is based on the opinions and estimates of management and information available to management as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release. To view the source version of this press release, please visit 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
