DUBAI, United Arab Emirates–(BUSINESS WIRE)–Dar Group has acquired a majority stake in CopperTree, a Canadian-headquartered provider of building analytics solutions.

The deal will see CopperTree join the Dar Group of companies. Acquiring CopperTree will enable Dar Group to grow its market share and provide a more integrated digital service offering across its core markets, including transportation, buildings, energy, water and industrials.

The Dar Group companies will be able to access a greater level of technological excellence on behalf of their clients, through CopperTree’s patented technology and leadership team of experienced subject matter experts.

In joining Dar Group, CopperTree will gain new access to a wider range of global markets which, in turn, will enable continuous growth for its state-of-the-art ‘Kaizen’ tools. These advanced platforms monitor the performance of built assets, improving decision making through the availability of live data and actionable insights.

It is anticipated that CopperTree’s offerings will directly complement Dar Group’s existing ‘Para’ digital twin solution – a platform that allows those who own and operate assets to unlock the potential of vast amounts of untapped operational and IT data, paving the way for cost savings and for more productive, efficient, sustainable, and resilient performance.

About Dar Group

Dar Group is a leading global design and engineering conglomerate with award-winning impact and global reach.

As an engineering, architectural, and planning consultancy that values speciality expertise, the Group is united by a commitment to providing clients with multi-disciplinary solutions rooted in quality, innovation, collaboration, sustainability, and technology to deliver social and community impact.

Dar Group’s portfolio spans across architecture, engineering, infrastructure, project management and energy consultancy.

https://www.dargroup.com/

LinkedIn

About CopperTree

CopperTree Analytics is a building analytics service provider with an industry-leading Kaizen platform that utilizes patented data-contextualizing technology to solve prevalent issues in building energy management and data integrity.

The platform, a full-stack proprietary software solution, was purpose-built and consists of an energy information system (EIS) and a fault detection and diagnostics (FDD) platform with integrated system performance auditing. Using a SaaS model paired with managed services, CopperTree provides powerful insights designed to save customers money and energy.

For over a decade, CopperTree has provided SaaS and managed analytics services to commercial and industrial buildings.

https://www.coppertreeanalytics.com/

*Source: AETOSWire

Contacts

Rachel Taylor
+44 (0)2079621333

Rachel.Taylor@dar.com

Nathanael Moyers
+44 (0)7517908728

Nathanael.moyers@dargroup.com

Julia Timms
+971 (0) 56 525 8640

Julia.timms@dargroup.com

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 Great Life RE, LLC, led by Lainey Jones and Eleanor Cippel, has joined the company from eXp Realty, LLC. The group’s addition significantly expands Real’s presence in eastern Tennessee, and continues Real’s recruiting momentum.

Founded in 2017 by veteran real estate agent Lainey Jones and marketing executive Eleanor Cippel as an independent brokerage that offered agents a differentiated platform, Great Life joined eXp in 2019. The 30-member group, which includes agents who practice in Knoxville, Florida and North Carolina, generated $100 million in sales in 2022.

“Great Life RE’s success is built on the values we cherish the most at Real – partnership and an unwavering commitment to provide agents with a platform that allows them to deliver great service,” said Sharran Srivatsaa, President of The Real Brokerage. “We are thrilled to welcome Lainey, Eleanor and the rest of the Great Life RE group to The Real Brokerage family. They will be a great addition to our collaborative culture.”

One of the top producing lake and waterfront agents, Jones began her real estate career as an appraiser in Florida. She spent nearly a decade as a development manager at a leading software company before becoming an agent in 2007. Prior to forming Great Life, Jones spent six years as an agent/broker at RE/MAX in Maryville, TN.

“We started Great Life with a vision of creating a better place for agents. Real provides us with an opportunity to offer our agents an advantage,” Jones said. “Real’s connected culture and value of ‘Word Hard. Be Kind.’ fit with how we have shaped Great Life and allowed us to attract some of the highest quality agents to our group.”

A former media, innovation and marketing executive, Cippel began practicing full time in 2017, after spending nearly two decades in media sales leadership and innovation at some of the nation’s largest publishers and as Chief Marketing Officer at Coats2Coats, where she consulted and coached entrepreneurs. As an agent, Cippel has focused on the luxury and lake home real estate segments. She also uses her experience to help coach agents.

“We’ve been watching the growth and momentum at Real and wanted to be part of a brand that is not only growing, but also shares our core values,” said Cippel. “We’ve built Great Life around a culture of collaboration. At Real, they are focused on eliminating silos and ensuring that agents are positioned for long-term success.”

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

This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release.

TORONTO–(BUSINESS WIRE)–DREAM IMPACT TRUST (TSX: MPCT.UN) (“Dream Impact”, “we”, “our” or the “Trust”) today provided a business update.

We are pleased to report that year to date in 2023, the Trust has closed on two significant refinancings which have provided additional liquidity for the Trust to fund its ongoing capital commitments.

On January 31, 2023, the Trust closed on the refinancing of 49 Ontario St. for gross proceeds of $80 million, generating excess cash of approximately $30 million. Since acquiring the site and adjacent land assembly, the value of this asset has increased by $93 million. The Trust owns 100% of 49 Ontario St. and we anticipate achieving over 800,000 square feet (“sf”) of density through rezoning this year.

Victory Silos is a 5.2-acre site located along downtown Toronto’s waterfront and immediately adjacent to the Trust’s Quayside development site. The Trust has a 37.5% interest in the asset which was originally acquired in 2016. Due to the increase in land value since acquisition we were able to re-finance the in-place loan from $35 million to $150 million, covering capital requirements for Quayside and generating excess cash of $22 million for the Trust.

We are making steady progress on our development pipeline as we look to complete an additional $500 million in high-quality income generating assets over the next three-year period. Our next completed asset, West Don Lands Block 8, will add a further 770 multi-family rental units to the Trust’s portfolio (at 100% asset level) this year as we welcome our first tenants to the West Don Lands neighborhood.

As it relates to select assets outside of the GTA, we are extremely pleased to see strong leasing activity at Aalto Suites, our first rental building at Zibi. Aalto Suites is a 162-unit multi-family property located in Gatineau, Quebec on the shore of the Ottawa River. The property is currently 93% leased, ahead of our stabilization target, at rents in line with budget. Within its current development pipeline, the Trust has two additional multi-family rental buildings (Block 206 and Block 11) comprising 355 units currently under construction. We intend to build off of our leasing momentum with Aalto Suites, with first tenant occupancies for Block 206 and Block 11 anticipated in late 2023.

Since 2019, to assist the Trust with liquidity preservation, Dream Unlimited Corp. has settled its asset management fee in units of the Trust in lieu of cash, calculated based on the Trust’s most recently published net asset value figure. As of March 8, 2023, Dream Unlimited Corp. has a 32% ownership stake in Dream Impact, inclusive of units acquired in the open market, units received as settlement of asset management fees, units earned as part of the Trust’s distribution reinvestment plan, and interests held by the Trust’s Portfolio Manager, demonstrating strong sponsorship support and alignment with the Trust’s defined impact strategy.

About Dream Impact

Dream Impact is an open-ended trust dedicated to impact investing. Dream Impact’s underlying portfolio is comprised of exceptional real estate assets reported under two operating segments: development and investment holdings, and recurring income, that would not be otherwise available in a public and fully transparent vehicle, managed by an experienced team with a successful track record in these areas. The objectives of Dream Impact are to create positive and lasting impacts for our stakeholders through our three impact verticals: environmental sustainability and resilience, attainable and affordable housing, and inclusive communities; while generating attractive returns for investors. For more information, please visit: www.dreamimpacttrust.ca.

Forward-Looking Information

This press release may contain forward-looking information within the meaning of applicable securities legislation. Forward-looking information generally can be identified by the use of forward-looking terminology such as “outlook”, “objective”, “may”, “will”, “would”, “could”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “should”, “plans”, or “continue”, or similar expressions suggesting future outcomes or events. Some of the specific forward-looking information in this press release may include, among other things, statements relating to the Trust’s objectives and strategies to achieve those objectives; the Trust’s plans and proposals for current and future development and redevelopment projects, including construction timing, rezoning, completion and occupancy dates, number of units, density, square footage and planned GLA; the capital requirements for our Quayside development; and our development pipeline, including size and timing of future completions. 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 Trust’s control, which could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to: adverse changes in general economic and market conditions; the impact of the novel coronavirus (COVID-19 and variants thereof) pandemic on the Trust; risks associated with unexpected or ongoing geopolitical events, including disputes between nations, terrorism or other acts of violence, and international sanctions; inflation; the disruption of free movement of goods and services across jurisdictions; the risk of adverse global market, economic and political conditions and health crises; risks inherent in the real estate industry; risks relating to investment in development projects; impact investing strategy risk; risks relating to geographic concentration; risks inherent in investments in real estate, mortgages and other loans and development and investment holdings; credit risk and counterparty risk; competition risks; environmental and climate change risks; risks relating to access to capital; interest rate risk; the risk of changes in governmental laws and regulations; tax risks; foreign exchange risk; acquisitions risk; and leasing risks. Our objectives and forward-looking statements are based on certain assumptions with respect to each of our markets, including that the general economy remains stable; the gradual recovery and growth of the general economy continues over 2023; that no unforeseen changes in the legislative and operating framework for our business will occur; that there will be no material change to environmental regulations that may adversely impact our business; that we will meet our future objectives, priorities and growth targets; that we receive the licenses, permits or approvals necessary in connection with our projects; that we will have access to adequate capital to fund our future projects, plans and any potential acquisitions; that we are able to identify high-quality investment opportunities and find suitable partners with which to enter into joint ventures or partnerships; that we do not incur any material environmental liabilities; there will not be a material change in foreign exchange rates; that the impact of the current economic climate and global financial conditions on our operations will remain consistent with our current expectations; our expectations regarding the impact of the COVID-19 pandemic and government measures to contain it; our expectation regarding ongoing remote working arrangements; and competition for and availability of acquisitions remains consistent with the current climate.

All forward-looking information in this press release speaks as of March 9, 2023. The Trust does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions and risks and uncertainties is disclosed in the Trust’s filings with securities regulators filed on the System for Electronic Document Analysis and Retrieval (www.sedar.com), including its latest annual information form and MD&A. These filings are also available at the Trust’s website at www.dreamimpacttrust.ca.

Contacts

Meaghan Peloso
Chief Financial Officer

416 365-6322

mpeloso@dream.ca

Kimberly Lefever
Director, Investor Relations

416 365-6339

klefever@dream.ca

BELLINGHAM, Wash.–(BUSINESS WIRE)–#CFO–Silfab Solar Inc., a North American leader in photo-voltaic (PV) module manufacturing, today announced a second investment round led by ARC Financial Corp. (“ARC”) to help fund Silfab’s next expansion of made-in-America manufacturing to include domestic PV cell and module production at a third facility to open in the United States.

The $125 million investment from ARC’s Energy Fund 9 includes co-investments by Manulife Financial Corporation, Ontario Power Generation Inc. Pension Plan, CF Private Equity and BDC Capital’s Cleantech Practice. ARC is one of North America’s most established energy-focused private equity fund managers. The latest investment reflects ARC’s continued confidence in Silfab’s ability to meet increasing demand for high-quality PV modules through a sustainable growth strategy guided by Silfab’s leadership team and built upon 40 years of experience in the solar industry.

“Silfab is ideally situated to meet North America’s growing appetite for domestically manufactured cutting-edge solar products. ARC remains confident that Silfab will be a driver in clean tech manufacturing and U.S. engineered product innovation. Silfab continues to implement an impressive growth plan built around its unwavering commitment to manufacture high-quality products and its decades of innovation and experience,” said Brian Boulanger, CEO of ARC.

Silfab’s third U.S. solar manufacturing facility is anticipated to be fully operational in 2024 with an initial annual capability of 1 gigawatt cell production and an additional 1.2 gigawatts of PV solar module assembly. Investing in U.S.-made solar cells is a critical component in a clean supply chain to support the manufacturing of solar panels for North American customers. The new facility is expected to generate more than 800 new U.S. jobs. Other details of the new facility, including location, will be announced at a future date.

“Domestic production of solar cells represents a strategic effort to further manage our supply chain and to apply our technical prowess from the ground up for a comprehensive manufacturing process,” said Paolo Maccario, Silfab’s Chief Executive Officer. “Silfab has grown more than 40 percent since ARC’s initial support. We are thankful for our collaborative relationship with ARC and with the Biden administration and its Inflation Reduction Act, both enabling us to accelerate our U.S. manufacturing strategy. Our growth means more solar jobs for America and reliable energy that customers will use to reduce both costs and their carbon footprint.”

With manufacturing facilities across North America to serve the expanding U.S. market, Silfab utilizes best-in-class automation for ultra-high efficiency module production, leverages partnerships for next-generation technology applications, and offers industry-leading warranties for residential and commercial performance.

ARC’s first investment, announced in September 2021, enabled Silfab to make further enhancements to production lines at existing Washington facilities in order to deploy next-generation PV modules to North American consumer, business, and institutional markets.

Backed by some of the best warranties in the industry, Silfab manufactures among the most durable, reliable and powerful solar PV modules for the North American residential and commercial markets. Silfab has recorded more than a dozen expansions of production capacity, most recently with state-of-the-art PV module assembly plants in the state of Washington.

To read about Silfab’s full product line, visit www.silfabsolar.com.

About Silfab Solar

Silfab Solar is the North American leader in the design, development and manufacture of ultra-high-efficiency, premium quality PV modules. Silfab leverages 40 years of solar experience and best-in-class technologies to produce the highest-rated solar modules from facilities in the state of Washington and Toronto, Canada. Each facility features multiple automated ISO 9001-2015 quality certified production lines utilizing just-in-time manufacturing to deliver Buy American approved PV modules specifically designed for and dedicated to the North American market. www.silfabsolar.com

About ARC Financial Corp.

Founded in 1989, ARC Financial Corp. is committed to building high-performing businesses that address the world’s energy and sustainability needs. To date, ARC has raised $6 billion across nine energy-focused funds since the launch of its private equity business in 1997, having invested capital in more than 180 companies across the energy landscape. ARC has a diverse team of investment professionals with deep domain and capital markets experience and expertise across the energy spectrum. The ARC Energy Research Institute supports its investment strategies, proactively identifying key trends, and building relationships with entrepreneurs, industry leaders, and government. www.arcfinancial.com

Contacts

Media Contact for Silfab Solar:

Geoff Atkins

Email: g.atkins@silfabsolar.com
Tel: +1-905-255-2501 Ext. 737

www.silfabsolar.com

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

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

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

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

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

• 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 300^th global showroom of Malabar Gold & Diamonds

DHAKA, Bangladesh–(BUSINESS WIRE)–#Gold–The grand inauguration of the 300^th global showroom of Malabar Gold & Diamonds, the 6^th 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 300^th 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

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

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