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Beacon Launches Third Annual Campaign Recognizing Female Roofing Professionals

March 9, 2023 By Business Wire

Opens Nominations for 2023 North American Female Roofing Professional of the Year

HERNDON, Va.–(BUSINESS WIRE)–$becn #Ambition2025–In honor of International Women’s Day, Beacon (Nasdaq: BECN) announced today the launch of its third annual North American Female Roofing Professional of the Year campaign recognizing the impact of women in the roofing industry across the U.S. and Canada. Beacon encourages you to nominate a female roofing professional who has demonstrated excellence, a commitment to putting people first, making every day safer, doing the right thing, and building for her customers, her co-workers, and her community.


Nominations are welcome now through April 10 by visiting the campaign website. Five finalists will be announced in May, and members of the public will have an opportunity to vote for their favorite finalists. Beacon will announce the winner and runners-up in June. The five winners will receive prize money to support further professional development such as attending the International Roofing Expo.

“Women are an essential part of the roofing industry, and continue to deliver excellent customer service, innovation and dedication to core values in the varied roles they serve in the roofing industry,” said Christine Reddy, Beacon’s Executive Vice President & General Counsel. “Beacon recognizes the importance of women in our industry, and this campaign was created to spotlight their significant contributions. We hope that you take a moment to nominate a woman in roofing, so that we can share their inspiring stories of values-based leadership.”

Last year’s winner, Michelle Mulder, is the owner of Nailed It Roofing in North Bay, Ontario, Canada. Her passion for roofing inspired her to start Nailed It Roofing in 2015, which has been one of the top roofing companies in North Bay for the past seven years.

“I was thrilled to be recognized by Beacon, my local community and my colleagues with this award,” said Mulder. “I applaud Beacon for empowering women in the roofing industry. I hope my story and the others that Beacon has shared inspire others to pursue a position in the industry.”

From March 8 through April 10, the public can nominate a female roofing professional on the campaign website or by submitting an e-mail to FemaleRoofingContest@becn.com. Nominations must include why the nominee should be named the Female Roofing Professional of the Year as well as a short biography and photo.

To learn more about the contest and read the official rules, visit https://go.becn.com/femaleroofpro/rules.

About Beacon

Founded in 1928, Beacon is a Fortune 500, publicly traded distributor of building products, including roofing materials and complementary products, such as siding and waterproofing. The company operates over 480 branches throughout all 50 states in the U.S. and 6 provinces in Canada. Beacon serves an extensive base of nearly 100,000 customers, utilizing its vast branch network and diverse service offerings to provide high-quality products and support throughout the entire business lifecycle. Beacon offers its own private label brand, TRI-BUILT®, and has a proprietary digital account management suite, Beacon PRO+, which allows customers to manage their businesses online. Beacon’s stock is traded on the Nasdaq Global Select Market under the ticker symbol BECN. To learn more about Beacon, please visit www.becn.com.

Contacts

INVESTOR CONTACT
Binit Sanghvi

VP, Capital Markets and Treasurer

Binit.Sanghvi@becn.com
972-369-8005

MEDIA CONTACT
Jennifer Lewis

VP, Communications and Corporate Social Responsibility

Jennifer.Lewis@becn.com
571-752-1048

Corn Refiners Call for Swift Resolution to USMCA Technical Consultations With Mexico

March 8, 2023 By Business Wire

WASHINGTON–(BUSINESS WIRE)–Today, Corn Refiners Association (CRA) President and CEO John Bode issued the following statement regarding the Office of the United States Trade Representative (USTR) requesting technical consultations with the Government of Mexico under the Sanitary and Phytosanitary Measures (SPS) Chapter of the United States–Mexico–Canada Agreement (USMCA) due to Mexico’s presidential decree restricting use of GMO corn without scientific basis:

“Thanks to Ambassador Katherine Tai and USDA Secretary Tom Vilsack for their leadership and continued insistence upon full compliance with USMCA. While we are disappointed that it was necessary for the U.S. to take this first formal step under USMCA, we are pleased that the scope of this controversy has been dramatically narrowed and both parties are working within the framework of USMCA to resolve differences. Keeping the commitment to USMCA is the key to advancing science and risk-based policies that are essential to North America’s standing as the world’s leader in food security and sustainability. I hope for a swift resolution to the dispute.”

The Corn Refiners Association (CRA) is the national trade association representing the corn refining industry of the United States. CRA and its predecessors have served this important segment of American agribusiness since 1913. Corn refiners manufacture sweeteners, starch, advanced bioproducts, corn oil, and feed products from corn components such as starch, oil, protein, and fiber.

Contacts

Jacqueline Boggess

jboggess@corn.org

Top-Producing Jason Martin Group Joins The Real Brokerage

March 7, 2023 By Business Wire

20-agent team bolsters Real’s capabilities throughout the D.C. metro area

TORONTO & NEW YORK–(BUSINESS WIRE)–$REAX #therealbrokerage–The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest-growing publicly traded real estate brokerage, today announced that The Jason Martin Group, led by Jason Martin and John Coleman, are the latest team to join the company. The 20-agent team joins from @Properties, where they held the distinction of being the brokerage’s highest producing team in the D.C. region.


Martin began his real estate career in 2003 at Coldwell Banker. In 2005, he co-founded Keller Williams Capital Partners. During his 13 years at Keller Williams, The Jason Martin Group was awarded the Keller Williams Gold Award for the highest office sales volume and the team ranked as one of America’s Top 1,000 real estate teams by REAL Trends. He and his team joined Real Living at Home, now @Properties, in 2018. The team closed more than 200 transactions totaling in excess of $137 million in 2022.

Coleman joined The Jason Martin Group in 2015 as a showing assistant, working his way up to Managing Partner and becoming one of the top buyers’ agents in the D.C. market. Recognized as a Rising Star by DC Real Producers magazine, Coleman is the host of Coffee with Coleman, a YouTube channel aimed at helping people make the best decisions when exploring real estate in the D.C. metro area.

“Jason and his team possess an entrepreneurial spirit that guides their passion for providing their clients with unsurpassed knowledge of the local market and service excellence that has made them one of the top teams in their region,” said Sharran Srivatsaa, President of The Real Brokerage. “This, along with Jason’s emphasis on creating a positive culture built on teamwork and collaboration, make the team a perfect fit for what we are building at The Real Brokerage. We are thrilled to welcome The Jason Martin Group to Real.”

Martin said, “Real is on a path to drive change in the real estate industry. They have created a model that recognizes that agents are the linchpin of the entire real estate transaction. It’s exciting for our team to be a part of a company that puts the agent at the top—not only for the way it recognizes and rewards agents for their success, but also by nurturing a collaborative culture that fuels professional growth and development.”

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, expectations regarding Real’s growth and the business and strategic plans of the Company.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

About Real

The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. Real delivers a cloud-based platform to improve efficiencies and empower agents to provide a seamless end-to-end experience for home buyers and sellers. The company was founded in 2014 and serves 45 states, D.C., and three Canadian provinces with over 9,000 agents. Additional information can be found on its website at www.onereal.com.

Contacts

Investor inquiries:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Director, Communications

elisabeth@therealbrokerage.com
201.564.4221

Affordable Housing Is Top Priority for Provinces and Territories: Looking to Federal Government for Meaningful Engagement and Investment

March 6, 2023 By Business Wire

Issued through the Chair of the Provincial-Territorial Forum on Housing, Minister Responsible for Saskatchewan Housing Corporation Gene Makowsky, on behalf of all Provincial-Territorial Ministers Responsible for Housing

REGINA, Saskatchewan–(BUSINESS WIRE)–Provinces and territories (PTs) are calling on the federal government to increase funding in a long-term, flexible, and collaborative manner to support the delivery of affordable housing programs both now and into the future.

Communities across Canada continue to face elevated home prices, increased rates of homelessness, and challenges related to housing affordability, adequacy, and supply. Rising costs in the construction industry have also significantly increased the cost to build and repair homes. While these challenges have strained PT resources, PTs remain committed to working with the federal government to maintain and expand affordable housing in their jurisdictions.

The Parliamentary Budget Officer estimates that the federal government will spend $45.9 billion over ten years on housing until the end of Canada’s National Housing Strategy in 2027-28 in new and pre-existing spending. In comparison, PT governments have invested approximately $20.1 billion over the last four years in housing, including building new homes, making improvements to existing affordable housing, providing services and supports to keep people in their homes, and addressing homelessness.

PTs are on pace to surpass federal investments in affordable housing by the end of the National Housing Strategy in 2027-28. While the federal National Housing Strategy has been marketed as a “$82+ billion plan”, this figure includes both loans and cost-matched spending by PTs, neither of which are true costs to the federal government. In addition, federal funding supports often lack operational funding to keep housing viable after it is built, leaving PTs and other housing partners responsible for ongoing costs.

PTs are the largest providers of affordable housing in Canada. With their understanding of local needs and circumstances, PT governments are best positioned to identify and allocate funding to areas that will have the greatest impact. PTs call on the federal government to work with them and provide financially sustainable and flexible funding that is responsive to local needs.

To support better outcomes on the funding and delivery of affordable housing, PTs request:

  • Increased and more flexible federal funding to complement existing PT programs and address local priorities to meet Canada’s current housing challenges.
  • Meaningful and proper engagement to develop housing solutions and outcomes that meet the unique needs and priorities of each jurisdiction.

Accessing affordable housing is a challenge for many Canadians. PTs welcome improved collaboration, greater flexibility, and increased funding, which will enable them to respond to this growing need.

Contacts

The Provincial-Territorial Forum on Housing

For media inquiries:

Hunter Baril

Alberta Seniors, Community and Social Services

Hunter.Baril@gov.ab.ca

Clay Suddaby

Communications and Public Engagement, British Columbia

Clay.Suddaby@gov.bc.ca

Communication Engagement Division

Manitoba

newsroom@gov.mb.ca

Robert Duguay

Corporate Communications, New Brunswick Social Development

robert.duguay@gnb.ca

Jenny Bowring

Newfoundland and Labrador Housing Corporation

jmbowring@nlhc.nl.ca

Krista Higdon

Nova Scotia Ministry of Municipal Affairs and Housing

krista.Higdon@novascotia.ca

Tami Johnson

Housing Northwest Territories

tami_johnson@gov.nt.ca

Eric Doiron

Nunavut Housing Corporation

edoiron1@gov.nu.ca

Victoria Podbielski

Ontario Ministry Municipal Affairs and Housing

victoria.podbielski2@ontario.ca, mma.media@ontario.ca

Rebecca Gass

Prince Edward Island Department of Social Development and Housing

rjgass@gov.pe.ca

Media Relations

Société d’habitation du Québec

​medias@shq.gouv.qc.ca

Media Relations

Saskatchewan Ministry of Social Services

mediamss@gov.sk.ca

Laura Lang

Yukon Housing Corporation

Laura.Lang@yukon.ca

Choice Properties Real Estate Investment Trust Completes $550 Million Issuance of Series S Senior Unsecured Debentures

March 3, 2023 By Business Wire

Not for distribution to U.S. News Wire Services or dissemination in the United States.

TORONTO–(BUSINESS WIRE)–#valueforgenerations–Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it has completed its previously announced issuance, on a private placement basis in certain Provinces of Canada (the “Offering”), of $550 million aggregate principal amount of series S senior unsecured debentures of the Trust bearing interest at a rate of 5.400% per annum and maturing on March 1, 2033 (the “Debentures”).

The Trust intends to use the net proceeds of the Offering (i) to repay upon maturity its outstanding $250 million aggregate principal amount of 3.196% series G senior unsecured debentures due March 7, 2023, (ii) to repay all or a portion of the balance drawn on the Trust’s credit facility, and (iii) for general business purposes.

DBRS Morningstar has provided the Debentures with a credit rating of “BBB” (high) with a “stable” trend and S&P Global Ratings has provided the Debentures with a credit rating of “BBB”. The Debentures rank equally with all other unsecured indebtedness of the Trust that has not been subordinated.

The Debentures were sold on an agency basis by a syndicate of agents co-led by TD Securities, BMO Capital Markets, RBC Capital Markets, CIBC Capital Markets and Scotiabank. The Debentures offered have not been registered under the U.S. 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 press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Debentures in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedar.com.

Forward-Looking Statements

This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects Choice Properties’ current expectations regarding future events, including the expected repayment of the maturing debentures and the intended use of proceeds of the Offering. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Choice Properties’ control that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the factors discussed in Choice Properties’ 2022 Annual Report and current Annual Information Form. Choice Properties does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. All forward-looking statements contained in this press release are made as of the date hereof and are qualified by these cautionary statements.

Contacts

Mario Barrafato

Chief Financial Officer

Choice Properties Real Estate Investment Trust

t (416) 628-7872

e Mario.Barrafato@choicereit.ca

Malabar Gold & Diamonds Continues Rapid Expansion; Opens Its 300th Global Showroom in Dallas, USA

March 2, 2023 By Business Wire

  • Plans to further speed up the expansion process in becoming the No. 1 jewellery retailer globally
  • Immediate expansion plans into the UK, Bangladesh, Australia, Canada, Egypt, Turkey, and South Africa.
  • Dallas store is the 300th global showroom of Malabar Gold & Diamonds

DHAKA, Bangladesh–(BUSINESS WIRE)–#Gold–The grand inauguration of the 300th global showroom of Malabar Gold & Diamonds, the 6th largest jewellery retailer globally with a retail network of 300 showrooms across 10 countries, was held in Dallas, USA.

Ms. Susan Fletcher, Collin County Commissioner and Mr. Jeff Cheney, Mayor of Frisco, Texas, jointly inaugurated the showroom in the presence of Mr. Shamlal Ahamed, Managing Director – International Operations. The event was virtually attended by Mr. M. P. Ahammed, Chairman, Malabar Group; Mr. KP Abdul Salam, Vice-Chairman, Malabar Group; Mr. O Asher, Managing Director – India Operations, other team members, well-wishers and dignitaries.

“It is a moment of great pride for us as we touch the 300th mark with this new showroom in Dallas, USA. We started off with a small showroom in Calicut, Kerala, India and today, in less than 30 years, we have a strong retail presence of 300 showrooms across 10 countries; all thanks to our customers, shareholders, employees and other stakeholders. We will continue to strengthen our retail presence in the regions where we have established a robust presence, as well as enter new markets with our differentiated products, services and assurances. The acceptance and patronage received by the brand gives us the confidence to further speed up the expansion process in becoming the No: 1 jewellery retailer globally,” said Mr. M. P. Ahammed, Chairman, Malabar Group.

Malabar Gold & Diamonds currently operates in 10 countries and has immediate expansion plans into the UK, Bangladesh, Australia, Egypt, Canada, Turkey, South Africa. The future expansions are expected to create approximately 6,000 job opportunities in the retail, manufacturing, technical and management areas related to jewellery trade.

Malabar Gold & Diamonds is renowned globally for offering an unparalleled jewellery buying experience with convenience, and customer-friendly policies along with the ‘Malabar Promise’ of incomparable quality and service assurance. Malabar Promise includes assured lifetime maintenance from any of the showrooms across 10 countries, guaranteed buyback, IGI and GIA-certified diamonds ensuring 28-point quality check of global standards, zero deduction gold exchange, complete transparency, 916 hallmarked pure gold, responsible sourcing, fair price policy and fair labour practices.

The showroom in Dallas has a stunning display of more than 30,000 jewellery designs from 20 countries across gold, diamonds, precious gems and platinum, catering to the design preferences.

Malabar Group believes that the most successful companies are those which integrate responsibility and sustainability into their core business and commit 5% of their profit to support socially responsible purposes both India and abroad, since its inception in 1993.

Contacts

Media Contact:
Name: Ganesh Somwanshi

Contact: +91-77388 91198

Email ID: ganesh@bloomingdalepr.com

The Real Brokerage to Host Fourth Quarter and Full Year 2022 Earnings Conference Call

March 1, 2023 By Business Wire

TORONTO & NEW YORK–(BUSINESS WIRE)–The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX), the fastest growing publicly traded real estate brokerage, today announced that it will release its fourth quarter and full year 2022 financial results before market open on Thursday, March 16, 2023.

The company will subsequently hold a conference call to discuss operating and financial results for the quarter and full year on Thursday, March 16, 2023 at 11:00 AM EST.

Conference Call Details:

Date:

 

Thursday, March 16, 2023

Time:

 

11:00 a.m. EST

   

Dial-in Number:

 

North American Toll Free: 888-506-0062

 

International: 973-528-0011

Access Code:

 

937975

Webcast:

 

https://www.webcaster4.com/Webcast/Page/2699/47478

   

Replay Number:

 

North American Toll Free: 877-481-4010

 

International: 919-882-2331

Passcode:

 

47478

Replay Link:

 

https://www.webcaster4.com/Webcast/Page/2699/47478

Forward-Looking Information

This press release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “likely” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking information in this press release includes, without limiting the foregoing, information relating to Real’s fourth quarter and full year 2022 earnings call, the release of the financial results and the business and strategic plans of Real.

Forward-looking information is based on assumptions that may prove to be incorrect, including but not limited to Real’s business objectives, expected growth, results of operations, performance, business projects and opportunities and financial results. Real considers these assumptions to be reasonable in the circumstances. However, forward-looking information is subject to known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from those expressed or implied in the forward-looking information. These factors should be carefully considered and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, Real cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and Real assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

About Real

The Real Brokerage Inc. is revolutionizing the residential real estate industry by pairing best-in-class technology with the trusted guidance of the agent-led experience. We provide a digital brokerage platform for agents, while working to build a better end-to-end home buying experience for consumers. The company was founded in 2014 and serves 45 states, D.C., and three Canadian provinces with over 9,000 agents. Additional information can be found on our website at www.onereal.com.

Contacts

For additional information, please contact:

Jason Lee

Vice President, Capital Markets & Investor Relations

investors@therealbrokerage.com
908.280.2515

For media inquiries, please contact:

Elisabeth Warrick

Director, Communications

elisabeth@therealbrokerage.com
201.564.4221

Kontrol Technologies Completes Equity Private Placement of $5 Million CAD

February 27, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Kontrol Technologies Corp. (NEO:KNR) (OTCQB:KNRLF) (FSE:1K8) (“Kontrol” or the “Company”), a leader in smart buildings and cities is pleased to announce that it has closed the private placement previously announced in the Company’s press release dated February 16, 2023 (the “Private Placement”) of units (the “Units”) for aggregate gross proceeds of approximately $5 million. Each Unit consists of one common share in the capital of the Company (a “Common Share”) or one common share equivalent (a “Common Share Equivalent”) and one common share purchase warrant (a “Warrant”) for a purchase price of $0.65. Each Warrant is exercisable immediately and entitles the holder thereof to purchase one common share at an exercise price of $0.81 for a period of five years from the date of issuance. The Common Share Equivalents are pre-funded with $0.649 per Common Share Equivalent, requiring an additional $0.001 per Common Share Equivalent to have it converted into a Common Share. The Common Share Equivalents will expire upon the exercise of all outstanding Common Share Equivalents. The Private Placement was comprised of 7,695,840 Units, with underlying securities that consist of, in the aggregate, 5,400,000 Common Shares, 2,295,840 Common Share Equivalents and 7,695,840 Warrants.

The Common Share Equivalents prevent any exercise if such exercise would result in the holder acquiring more than 9.99% of the Company’s current issued and outstanding Common Shares. The Warrants prevent any exercise if such exercise would result in the holder acquiring more than 4.99% of the Company’s current issued and outstanding Common Shares.

The net proceeds of the Private Placement are expected to be used for sales, marketing, research and development, debt retirement and working capital requirements. A.G.P./Alliance Global Partners (the “Agent”) acted as the exclusive placement agent for the Private Placement in the United States, and the Company has paid the Agent a cash commission equal to 7% of the aggregate gross proceeds of the Private Placement.

In the United States, the Units were offered on a private placement basis pursuant to exemptions from the registration requirements of the United States Securities Act of 1933, as amended (the “U.S. Securities Act”).

The Company is relying on and satisfies the conditions of the exemption in Section 10.10(2) of the NEO Exchange Listing Manual with respect to the Private Placement because: (a) it is in serious financial difficulty; (b) it has reached an agreement to complete the Private Placement; (c) no Related Person (as defined in the NEO Exchange Listing Manual) of the Company is participating in the Private Placement; and (d) all of the independent directors of the Company have determined that the Private Placement is in the best interests of the Listed Issuer, is reasonable in the circumstances and that it is not feasible to obtain security holder approval or complete a rights offering to existing security holders on the same terms.

The Company has also agreed to the re-pricing of 1,211,500 warrants that were issued in June 2021 with an original exercise price of $1.75. Subsequent to the re-pricing, the warrants will have an exercise price of $0.81 and a term of five years beginning on the date of the closing of the private placement. Re-pricing of the warrants is subject to receipt of all necessary approvals, including the approval of the NEO Exchange and the shareholders of the Company.

The Company also announces that it intends to issue 119,047 Common Shares at a deemed price per Common Share of $0.65 in partial settlement of debt owing to an employee in an amount of $77,400. The issuance is subject to receipt of all necessary approvals, including the acceptance of the NEO Exchange.

Kontrol Technologies Corp.

Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides solutions and services to its customers to improve energy management, monitor continuous emissions and accelerate the sustainability of all buildings.

Additional information about Kontrol Technologies Corp. can be found on its website at www.kontrolcorp.com and by reviewing its profile on SEDAR at www.sedar.com

Neither IIROC nor any stock exchange or other securities regulatory authority accepts responsibility for the adequacy or accuracy of this release.

This news release shall not constitute an offer to sell, or a solicitation of an offer to buy, any securities of the Company nor shall there be any sale of any of the securities in any jurisdiction in Canada in connection with the Private Placement; nor shall it constitute an offer to sell, or the solicitation of an offer to buy, any securities of the Company nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. This news release shall not constitute an offer of securities for sale in the United States. The securities have not been, nor will be, registered under the U.S. Securities Act and such securities may not be offered or sold within the United States absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as “may,” “will,” “expect,” “likely,” “should,” “would,” “plan,” “anticipate,” “intend,” “potential,” “proposed,” “estimate,” “believe” or the negative of these terms, or other similar words, expressions, and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen, or by discussions of strategy. Forward-looking information contained in this press releases includes, but is not limited to, the following: ability to obtain all necessary regulatory and/or shareholder approvals with respect to the issuance of Common Shares to an employee of the Company and the re-pricing of certain of the Company’s existing warrants; and the anticipated use of proceeds from the Private Placement.

Where Kontrol expresses or implies an expectation or belief as to future events or results, such expectation or belief is based on assumptions made in good faith and believed to have a reasonable basis. Such assumptions include, without limitation, that the Company will be able to obtain all necessary approvals with respect to the issuance of Common Shares to an employee of the Company and the re-pricing of certain of the Company’s existing warrants; and that the Company will have sufficient financial and other resources to fulfil expectations with respect to future operations.

Accordingly, undue reliance should not be placed on forward-looking statements and the forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement. The forward-looking statements contained herein are made as at the date hereof and are based on the beliefs, estimates, expectations, and opinions of management on such date. Kontrol does not undertake any obligation to update publicly or revise any such forward-looking statements or any forward-looking statements contained in any other documents whether as a result of new information, future events or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required under applicable securities law. Readers are cautioned to consider these and other factors, uncertainties, and potential events carefully and not to put undue reliance on forward-looking information.

Contacts

Kontrol Technologies Corp.
Paul Ghezzi, CEO

info@kontrolcorp.com
11 Cidermill Avenue, Suite 201

Vaughan, ON L4K 4B6

Tel: (905) 766.0400

Forging the Future of Compact Equipment, Bobcat Company Showcases the Latest in Electrification, Autonomous Operation and Technology at CONEXPO-CON/AGG 2023

February 24, 2023 By Business Wire

Two new innovation concept machines to be unveiled during news conference on March 14 at 4 p.m. PT in booth W41544 in the West Hall

WEST FARGO, N.D.–(BUSINESS WIRE)–Bobcat Company, a global compact equipment, innovation and worksite solutions brand, is gearing up to showcase its latest and most exciting lineup of products and innovations at CONEXPO-CON/AGG 2023. The Bobcat exhibit is a testament to the ingenuity of the company that built the world’s first skid-steer loader nearly 65 years ago.


Electrification, autonomous operation and digital technologies will be on display as the company shares new ways these advancements are making compact equipment operations easier and more productive than ever before.

EXCELLENCE IN ELECTRIC OPERATIONS

Bobcat will showcase its next-level electric innovations and will unveil two new concept machines with electric functionality.

In-Booth:

Visit Bobcat at booth W41544 in the West Hall to see its expansive, electric product line-up, from the all-electric T7X compact track loader to battery-electric excavators, including the E10e, E19e and E32e. This is the first North American trade show where these products will be exhibited following the T7X’s initial introduction at CES 2022.

The company has continued to innovate in electric and will unveil two new electric concept machines during the show on Tuesday, March 14, at 4 p.m. PT in its booth (W41544 in the West Hall). Show attendees are welcome to attend this unveiling and press conference.

Education Session:

Bobcat Vice President of Global Innovation Joel Honeyman and Director of Innovation Accelerated Matt Sagaser are taking center stage during CONEXPO-CON/AGG 2023’s Education Sessions for their presentation, “Electrifying the Future: Get Plugged In.”

The presentation, to be held on Tuesday, March 14 at 1 p.m. PT in the West Hall 216-218, will examine common myths surrounding electric operation and the benefits – from sustainability attributes to performance enhancements to technological advancements. Tickets to the education session can be purchased through CONEXPO-CON/AGG’s website.

BIGGER, BOLDER INNOVATIONS AND DIGITAL TECHNOLOGIES

With innovations in electrification, autonomous operation and digital technology, Bobcat continues to offer customers more choices, improved performance and advanced technology to work smarter and accomplish more.

At CONEXPO-CON/AGG 2023, Bobcat will exhibit a number of its innovative digital features and technologies—some in concept form and others that are currently commercially available.

Collision Warning and Avoidance System

New in concept form is a collision warning and avoidance system designed to assist operators’ jobsite awareness. Compatible on select Bobcat compact track loaders and skid-steer loaders, the technology tracks an object’s position, direction and speed relative to the machine. Using either the active or passive setting, the operator can receive an audible alert or enable the machine to stop automatically upon detecting an object in its path. While still in product development, the solution is expected to be available to customers in 2024.

Excavator featuring Bobcat Intelligent Control System

Bobcat is showcasing one of its latest technology concepts: Bobcat Intelligent Control System. Featured on an E60 excavator, the new intelligent controls enhance machine control and operation. With greater customization of work modes, operators can increase their performance and efficiency while grading, trenching, slewing and performing other precise operations. The new Drive by Joystick mode allows operators to use the joysticks to travel, similar to Selectable Joystick Controls on a Bobcat loader. Bobcat Intelligent Control System on compact excavators will continue to drive future innovations, like advanced depth check features, remote operation via Bobcat MaxControl and autonomous functionality.

New Solutions for Advanced Display Technology

Bobcat is displaying the future of its advanced display technology with its transparent, touch display. The concept heads-up display, which operators can see through to also view the jobsite, can be positioned on the front windshield or a cab side window on a range of Bobcat machines, including compact excavators, telehandlers and loaders. The display enhances operator productivity and efficiency to the task at hand.

Bobcat MaxControl Remote Operation

With Bobcat MaxControl, operators can control their loader using an app on an iOS smartphone or tablet, thus allowing for operation outside of the cab.

Initially introduced in 2021, new to this innovative offering is a control device that operators can attach to their smartphone for easier remote operations. The remote control has a tactical joystick and button operations like a videogame controller. By moving the operating controls off the phone screen, operators can use the screen for enhanced control views.

Machine IQ Wireless Communications

Bobcat Machine IQ wireless communications is a simple, yet powerful tool that empowers operators of select Bobcat machines to access current and historical machine data from virtually anywhere and at any time. Bobcat machine owners and operators use Machine IQ to monitor the health of their machines and to remotely track information that enhances maintenance, security and performance. Machine IQ empowers owners and operators of select Bobcat machines to get the most out of their compact equipment while protecting their investment at the same time.

This subscription-based service includes advanced fleet management features to monitor and analyze fuel usage, operating hours, maintenance intervals and other critical information of every connected machine in a large fleet. Machine IQ telematics devices are installed on select Bobcat machines before they leave the factory. Bobcat also offers an aftermarket kit that is compatible with most Bobcat machines to make them Machine IQ ready.

Features on Demand

Introduced by Bobcat in 2020, Features on Demand gives customers the flexibility to enable additional features on specific R-Series compact loader models as their needs change. Features on Demand includes automatic ride control, high-flow hydraulics, dual bucket positioning, 2-Speed travel, reversing fan and more. New to Features on Demand is auto throttle, which automatically applies engine rpm to perform tasks more efficiently, while conserving fuel.

Media Resources: Photo assets are available for download at this Dropbox link.

MEDIA NOTE: Bobcat Company is hosting a press conference at 4 p.m. PT on Tuesday, March 14 in its booth W41544 in the West Hall. Company leaders, including Scott Park, Doosan Bobcat CEO and vice chairman; Mike Ballweber, Doosan Bobcat North America president; and Joel Honeyman, Bobcat Company vice president of global innovation, will share company and brand updates before unveiling two new concept machines. We kindly request your RSVP if you will be in attendance. Please respond to na.newsroom@doosan.com by March 7, 2023.

About Bobcat Company

Since 1958, Bobcat Company has been empowering people to accomplish more. As a leading global manufacturer of compact equipment, Bobcat has a proud legacy of innovation and a reputation based on delivering smart solutions to customers’ toughest challenges. Backed by the support of a worldwide network of independent dealers and distributors, Bobcat offers an extensive line of compact equipment, including loaders, excavators, compact tractors, utility products, telehandlers, mowers, attachments, implements, parts, and services. Headquartered in West Fargo, North Dakota, Bobcat continues to lead the industry, all while helping people succeed and build stronger communities and a better tomorrow.

©2023 Bobcat Company. All rights reserved.

Contacts

Nadine Erckenbrack, Bobcat Public Relations Manager

Email: na.newsroom@doosan.com
Mobile: 701-205-9207

Anaergia Sells Tønder Denmark Biomethane Plant to Copenhagen Infrastructure Partners

February 23, 2023 By Business Wire

BURLINGTON, Ontario–(BUSINESS WIRE)–Anaergia Inc. (“Anaergia” or the “Company”) (TSX:ANRG) today announced it has sold its Envo Biogas plant in Tønder, Denmark to Copenhagen Infrastructure Partners’ (CIP) Advanced Bioenergy Fund I, which is developing biogas projects in Europe and North America. While the financial terms of the transaction were not disclosed, Anaergia expects to recognize a positive impact on the completion of the transaction. Anaergia plans to deploy capital from the sale towards facilitating additional growth, mainly in Italy and Germany.

Anaergia acquired and began construction on the Tønder project in late 2021 and injected the facility’s first biomethane into Danish pipelines in November 2022, which allowed the facility to qualify for a 20-year Danish Energy Agency biogas subsidy program.

When fully operational, the Tønder facility is expected to become one of Europe’s largest biogas plants, processing up to 900,000 tons of organic waste to produce up to 1.4 million MMBtu (40 million Nm3) of renewable natural gas annually. In addition, the Tønder plant will produce biogenic carbon dioxide that will be used by European Energy to produce green e-methanol to fuel container ships.

“Having advanced the Envo Biogas Tønder project and adding substantial value, the timing is now right for Anaergia to divest of this facility and use the proceeds to advance other new and existing projects in Europe,” said Andrew Benedek, Chairman and CEO of Anaergia. “We look forward to helping Copenhagen Infrastructure Partners complete construction on this project and collaborating with them in the future.”

“We are very pleased to have made our first investment into a large-scale and modern biogas project in Denmark, creating not just green energy, but also jobs and investments in the local community,” said Thomas Dalsgaard, partner with CIP. “We look forward to working with local stakeholders and farmers and to continue the construction of the plant that once in full operations will make a significant contribution to the green transition in the municipality of Tønder and in Denmark.”

About Anaergia

Anaergia was created to eliminate a major source of greenhouse gases by cost effectively turning organic waste into renewable natural gas (RNG), fertilizer and water, using proprietary technologies. With a proven track record from delivering world-leading projects on four continents, Anaergia is uniquely positioned to provide end-to-end solutions for extracting organics from waste, implementing high efficiency anaerobic digestion, upgrading biogas, producing fertilizer and cleaning water. Our customers are in the municipal solid waste, municipal wastewater, agriculture, and food processing industries. In each of these markets Anaergia has built many successful plants including some of the largest in the world. Anaergia owns and operates some of the plants it builds, and it also operates plants that are owned by its customers.

Forward-Looking Information

This news release contains forward-looking information within the meaning of applicable securities legislation, which reflects the Company’s current expectations regarding future events, including statements relating to the ability of our technologies and projects to address about two-thirds of all point source methane emissions and our business plans, growth strategies and ESG initiatives. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control. Such risks and uncertainties include, but are not limited to, the factors discussed under “Risk Factors” in the Company’s annual information form dated March 28, 2022, for the fiscal year ended December 31, 2021. Actual results could differ materially from those projected herein. Anaergia does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.

For further information please see: www.anaergia.com

Contacts

For media relations: Melissa Bailey, Director, Marketing & Corporate Communications, Melissa.Bailey@Anaergia.com
For investor relations: IR@Anaergia.com

Choice Properties Real Estate Investment Trust Announces Issuance of $550 million of Series S Senior Unsecured Debentures

February 22, 2023 By Business Wire

Not for distribution to U.S. News Wire Services or dissemination in the United States.

TORONTO–(BUSINESS WIRE)–#valueforgenerations–Choice Properties Real Estate Investment Trust (“Choice Properties” or the “Trust”) (TSX: CHP.UN) announced today that it has agreed to issue, on a private placement basis in certain provinces of Canada (the “Offering”), $550 million aggregate principal amount of series S senior unsecured debentures of the Trust that will bear interest at a rate of 5.400% per annum and will mature on March 1, 2033 (the “Debentures”).

Offering of Debentures

The Debentures are being offered on an agency basis by a syndicate of agents co-led by TD Securities, BMO Capital Markets, RBC Capital Markets, CIBC Capital Markets and Scotiabank. Subject to customary closing conditions, the Offering is expected to close on March 1, 2023.

The Trust intends to use the net proceeds of the Offering (i) to repay upon maturity its outstanding $250 million aggregate principal amount of 3.196% series G senior unsecured debentures due March 7, 2023, (ii) to repay all or a portion of the balance drawn on the Trust’s credit facility, and (iii) for general business purposes.

It is a condition of closing of the Offering that the Debentures be rated at least “BBB” (high) with a “stable” trend by DBRS Limited and at least “BBB” by Standard and Poor’s Ratings Services. The Debentures will rank equally with all other unsecured indebtedness of the Trust that has not been subordinated.

The Debentures being offered have not been registered under the U.S. 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 press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Debentures in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Choice Properties Real Estate Investment Trust

Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.

We believe that value comes from creating spaces that improve how our tenants and communities come together to live, work, and connect. We strive to understand the needs of our tenants and manage our properties to the highest standard. We aspire to develop healthy, resilient communities through our dedication to social, economic, and environmental sustainability. In everything we do, we are guided by a shared set of values grounded in Care, Ownership, Respect and Excellence.

For more information, visit Choice Properties’ website at www.choicereit.ca and Choice Properties’ issuer profile at www.sedar.com.

Forward-Looking Statements

This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects Choice Properties’ current expectations regarding future events, including the expected closing of the Offering, the expected repayment of the maturing debentures and the intended use of proceeds of the Offering. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Choice Properties’ control that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to, the factors discussed in Choice Properties’ 2022 Annual Report and current Annual Information Form. Choice Properties does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law. All forward-looking statements contained in this press release are made as of the date hereof and are qualified by these cautionary statements.

Contacts

For further information:
Mario Barrafato

Chief Financial Officer

Choice Properties Real Estate Investment Trust

t (416) 628-7872

e Mario.Barrafato@choicereit.ca

Slate Grocery REIT Posts Q4 2022 Earnings Call Transcript and Investor Update

February 21, 2023 By Business Wire

TORONTO–(BUSINESS WIRE)–Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that the Q4 2022 earnings call transcript and investor update are now available on the REIT’s website and can be accessed by visiting the following links:

  • Slate Grocery REIT – Q4 2022 earnings call transcript
  • Slate Grocery REIT – Q4 2022 investor update

About Slate Grocery REIT (TSX: SGR.U / SGR.UN)
Slate Grocery REIT is an owner and operator of U.S. grocery-anchored real estate. The REIT owns and operates approximately U.S. $2.4 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their everyday needs. The REIT’s resilient grocery-anchored portfolio and strong credit tenants provide unitholders with durable cash flows and the potential for capital appreciation over the longer term. Visit slategroceryreit.com to learn more about the REIT.

About Slate Asset Management
Slate Asset Management is a global alternative investment platform targeting real assets. We focus on fundamentals with the objective of creating long-term value for our investors and partners. Slate’s platform has a range of real estate and infrastructure investment strategies, including opportunistic, value add, core plus, and debt investments. We are supported by exceptional people and flexible capital, which enable us to originate and execute on a wide range of compelling investment opportunities. Visit slateam.com to learn more.

Forward-Looking Statements
Certain information herein constitutes “forward-looking information” as defined under Canadian securities laws which reflect management’s expectations regarding objectives, plans, goals, strategies, future growth, results of operations, performance, business prospects and opportunities of the REIT. The words “plans”, “expects”, “does not expect”, “scheduled”, “estimates”, “intends”, “anticipates”, “does not anticipate”, “projects”, “believes”, or variations of such words and phrases or statements to the effect that certain actions, events or results “may”, “will”, “could”, “would”, “might”, “occur”, “be achieved”, or “continue” and similar expressions identify forward-looking statements. Such forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations.

Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by management as of the date hereof, are inherently subject to significant business, economic and competitive uncertainties and contingencies. When relying on forward-looking statements to make decisions, the REIT cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not the times at or by which such performance or results will be achieved. A number of factors could cause actual results to differ, possibly materially, from the results discussed in the forward-looking statements. Additional information about risks and uncertainties is contained in the filings of the REIT with securities regulators.

SGR-FR

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

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