Latest news with #TORONTO
Yahoo
3 days ago
- Business
- Yahoo
Magnetic North Acquisition Corp. Provides Bi-Weekly Update On Status Of Management Cease Trade Order
CALGARY, Alberta and TORONTO, June 06, 2025 (GLOBE NEWSWIRE) -- Magnetic North Acquisition Corp. (TSXV: MNC; ('Magnetic North' or the 'Company') is providing this bi-weekly update on the status of the management cease trade order granted on May 9, 2025 (the 'MCTO') by its principal regulator, the Alberta Securities Commission, under National Policy 12-203 - Management Cease Trade Orders ('NP 12-203'), following the Company's announcement on May 8, 2025 (the 'Default Announcement') that it was unable to file its audited annual financial statements, management's discussion and analysis and related certifications for the year ended December 31, 2024 (the 'Documents') on or before April 30, 2025, as required under applicable securities laws. The Company still expects to file the Documents by June 30, 2025. There are no material changes to the information contained in the Default Announcement. In addition: (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Documents is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Documents; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed. About Magnetic North Acquisition Corp. Magnetic North invests and manages businesses on behalf of its shareholders and believes that capital alone does not always lead to success. With offices in Calgary and Toronto, our experienced management team applies its considerable management, operations and capital markets expertise to ensure its investee companies are as successful as possible for shareholders. Magnetic North common shares and preferred shares trade on the TSX Venture Exchange under the stock symbol MNC and respectively. The TSX Venture recently announced that Magnetic North is a '2021 TSX Venture 50' recipient. For more information about Magnetic North, visit its website at Magnetic North's securities filings can also be accessed at For further information, please contact: Graeme Dick Stephen McCormick Investor Relations VP, Capital Markets 403-451-0939 403-451-0939 graeme@ stephen@ Neither the 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 news release. CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION Certain statements in this news release are 'forward-looking statements', which reflect current expectations of the management of Magnetic North regarding future events or Magnetic North's future performance. All statements other than statements of historical fact contained in this news release may be forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking statements. Magnetic North believes that the expectations reflected in such forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements are made as of the date of this news release and Magnetic North assumes no obligation to update or revise them to reflect new events or circumstances, except as expressly required by applicable securities law. Further information regarding risks and uncertainties relating to Magnetic North and its securities can be found in the disclosure documents filed by Magnetic North with the securities regulatory authorities, available at
Newsweek
27-05-2025
- Sport
- Newsweek
Padres Predicted to Land $50 Million Silver Slugger After Trade Decision
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. After opening the season as one of the best teams in baseball, the San Diego Padres still have a long way to go in challenging the rival Los Angeles Dodgers for a World Series bid. With a slew of star sluggers, an enviable rotation and a deep bullpen, the Padres only have a few areas of the roster that they can upgrade at the trade deadline. But they've already decided on a key spot. After veteran Jason Heyward was placed on the injured list with a left oblique strain, the team has "begun exploring the trade market for a left fielder," as Kevin Acee reported for The San Diego Union-Tribune. And as the team evaluates the options there, Jim Riley of BALLCAP Sports predicted it would eventually land on Chicago White Sox outfielder Luis Robert Jr. TORONTO, ON - MAY 21: Jason Heyward #22 of the San Diego Padres walks to the dugout during a game against the Toronto Blue Jays at Rogers Centre on May 21, 2025 in Toronto, Ontario,... TORONTO, ON - MAY 21: Jason Heyward #22 of the San Diego Padres walks to the dugout during a game against the Toronto Blue Jays at Rogers Centre on May 21, 2025 in Toronto, Ontario, Canada. (Photo by) More Ridley/Getty "You put Luis Robert in a clubhouse led by Mike Shildt, you've got the veteran leaders there, I think you can get this guy back on track," Riley said of Robert. "With a team that is playing well, having fun, focused, put Luis Robert in that environment. Do you repair, do you fix Luis Robert with all of those elements? I think that's your best shot." Riley was acknowledging the fact that Robert has struggled to retain his Silver Slugger Award form so far this season, slashing just .191/.277/.309. Robert does, however, have a Major League Baseball-leading 21 steals so far and has flashed the potential to slug 38 homers in his career. Riley added Robert's struggles in this final year of a $50 million extension he signed with the White Sox mean that he could be acquired for a relatively low cost by the Padres. "And if you can get him for a steal, I think you do it, I think you do it if you're San Diego," Riley added "If you gave up your 20th prospect for Luis Robert and he stinks, OK, well, he rides the bench." Given the low-risk, high-reward nature of a trade for Robert, the Padres could see it as an appealing opportunity to upgrade ahead of the playoffs. More MLB: Could Reds Outfielder Be Solution For Padres' 'Trade Market' Search?
Yahoo
23-05-2025
- Business
- Yahoo
Magnetic North Acquisition Corp. Provides Bi-Weekly Update on Status of Management Cease Trade Order
CALGARY, Alberta and TORONTO, May 23, 2025 (GLOBE NEWSWIRE) -- Magnetic North Acquisition Corp. (TSXV: MNC; ('Magnetic North' or the 'Company') is providing this bi-weekly update on the status of the management cease trade order granted on May 9, 2025 (the 'MCTO') by its principal regulator, the Alberta Securities Commission, under National Policy 12-203 - Management Cease Trade Orders ('NP 12-203'), following the Company's announcement on May 8, 2025 (the 'Default Announcement') that it was unable to file its audited annual financial statements, management's discussion and analysis and related certifications for the year ended December 31, 2024 (the 'Documents') on or before April 30, 2025, as required under applicable securities laws. The Company still expects to file the Documents by June 30, 2025. There are no material changes to the information contained in the Default Announcement. In addition: (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Documents is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Documents; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed. About Magnetic North Acquisition Corp. Magnetic North invests and manages businesses on behalf of its shareholders and believes that capital alone does not always lead to success. With offices in Calgary and Toronto, our experienced management team applies its considerable management, operations and capital markets expertise to ensure its investee companies are as successful as possible for shareholders. Magnetic North common shares and preferred shares trade on the TSX Venture Exchange under the stock symbol MNC and respectively. The TSX Venture recently announced that Magnetic North is a '2021 TSX Venture 50' recipient. For more information about Magnetic North, visit its website at Magnetic North's securities filings can also be accessed at For further information, please contact: Graeme Dick Stephen McCormick Investor Relations VP, Capital Markets 403-451-0939 403-451-0939 graeme@ stephen@ Neither the 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 news release. CAUTIONARY STATEMENT REGARDING FORWARD LOOKING INFORMATION Certain statements in this news release are 'forward-looking statements', which reflect current expectations of the management of Magnetic North regarding future events or Magnetic North's future performance. All statements other than statements of historical fact contained in this news release may be forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking statements. Magnetic North believes that the expectations reflected in such forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements are made as of the date of this news release and Magnetic North assumes no obligation to update or revise them to reflect new events or circumstances, except as expressly required by applicable securities law. Further information regarding risks and uncertainties relating to Magnetic North and its securities can be found in the disclosure documents filed by Magnetic North with the securities regulatory authorities, 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
Yahoo
07-05-2025
- Business
- Yahoo
Solar Alliance Announces Late Filing of Annual Financial Disclosure
Solar Alliance Energy Inc. TORONTO and KNOXVILLE, Tenn., May 07, 2025 (GLOBE NEWSWIRE) -- Solar Alliance Energy Inc. ('Solar Alliance' or the 'Company') (TSX-V: SOLR), a leading solar energy solutions provider focused on the commercial and utility solar sectors, announces that the filing of its audited annual financial statements, management's discussion and analysis, and related CEO and CFO certifications for the year ended December 31, 2024 (the 'Required Filings') as required under National Instrument 51-102 – Continuous Disclosure Obligations has been delayed beyond the filing deadline of April 30, 2025. As a result, Solar Alliance expects to be noted in default in due course and anticipates that trading of its common shares will be halted on the TSX Venture Exchange and a cease trade order will be issued by the applicable Canadian Securities Administrators. The Company is working expeditiously with its auditor, Kreston GTA LLP, to complete the audit as soon as possible. Solar Alliance plans to remedy the default and file the Required Filings imminently and expects such filing to occur in any event, no later than May 15, 2025. The Company confirms that there is no other material information concerning the affairs of the Company that has not been generally disclosed as of the date of this press release. For more information: Investor Relations Brian Timmons, CEO 1.865 888 9925 btimmons@ About Solar Alliance Energy Inc. ( Solar Alliance is an energy solutions provider focused on the commercial, utility and community solar sectors. Our experienced team of solar professionals reduces or eliminates customers' vulnerability to rising energy costs, offers an environmentally friendly source of electricity generation, and provides affordable, turnkey clean energy solutions. Solar Alliance's strategy is to ultimately build, own and operate our own solar assets while also generating stable revenue through the sale and installation of solar projects to commercial and utility community customers. Forward-Looking Statements Certain statements in this news release are "forward-looking statements", which reflect management's expectations regarding the timing of completion of the Required Filings and the Company's future business operations. All statements other than statements of historical fact contained in this news release are forward-looking statements. Such forward-looking statements involve risks and uncertainties, as they reflect management's current beliefs and are based on information currently available to management. Actual results may differ materially from those anticipated in the statements made. Such risks include, without limitation: the Company's inability to complete its Required Filings; the imposition of trading halts, cease trade orders and other regulatory penalties; and general risks affecting the industry and broader economic conditions. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements are made as of the date of this news release and the Company assumes no obligation to update or revise them to reflect new events or circumstances except as expressly required by applicable securities law. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by the Company with the securities regulatory authorities, available at
Cision Canada
02-05-2025
- Business
- Cision Canada
Wealth One Bank of Canada launches Innovative Online Client Acquisition Platform
Wealth One Bank of Canada ('WealthONE') is adopting a cloud-based onboarding platform to deliver a seamless and secure online account opening experience for all new clients. TORONTO, May 2, 2025 /CNW/ - Wealth One Bank of Canada announced today that its digital banking enhancement will enable clients to open new GIC, RSP, TFSA and high interest savings accounts (HISA) securely from anywhere, anytime, on any device in just minutes. "Our new online account opening process makes it easier than ever to join WealthONE Bank," said Barry Ferguson, WealthONE Chief Operating Officer. "This also represents another significant milestone as we continue to transform the client experience at WealthONE. Late last year we introduced a revised Service & Fee Schedule, Wealth One Bank of Canada Reinforces Commitment to Affordable Banking with New Free Services, offering Canadians transparent, affordable banking solutions to support their financial needs and goals." "Our partnership with the Canadian fintech thirdstream technologies further elevates our digital banking capabilities and brings an enhanced level of convenience, security and easy access to our popular savings and investments products. This investment," said Ferguson, " further aligns with the bank's broader strategy to embrace digital innovation and solidify its intention to be a leader in the evolving landscape of modern banking." "Known for its user-friendly interface, the thirdstream platform makes it the ideal choice for WealthONE's vision of enhancing accessibility and convenience for its rapidly growing client base." said Keith Ginter, CEO of thirdsteam. " WealthONE's decision to deploy this platform underscores its commitment to staying at the forefront of technological advancements in financial services." About Wealth One Bank of Canada A federally chartered Canadian Schedule 1 digital bank, headquartered in Toronto ON provides Canadians across the county with a safe, convenient, and responsive experience for their everyday banking, borrowing, savings and investing needs. WealthONE was recently recognized by Forbes Advisor as one of Canada's Top 3 Best Online Banks: Wealth One Bank of Canada is a member of the Canadian Deposit Insurance Corporation (CDIC). For more information about WealthONE, please visit: © 2024 Wealth One Bank of Canada. All rights reserved. WealthONE is a registered trade name of Wealth One Bank of Canada in all provinces except Quebec.
