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Eclipse Residential Mortgage Investment Corporation Approves Proposed Transaction

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TORONTO, May 08, 2019 (GLOBE NEWSWIRE) — (TSX: ERM)  Eclipse Residential Mortgage Investment Corporation (“Eclipse”) is pleased to announce that at a special meeting of holders (the “Shareholders”) of common shares (the “Common Shares”) held today, Shareholders approved a special resolution approving (i) the sale of all or substantially all of the assets of Eclipse… [Read More]

Terra Firma Capital Corporation Announces The Closing Of Two Land Banking Transactions Totaling US$24 Million (CDN$33 Million) In Austin, Texas

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TORONTO, May 07, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), is pleased to announce the closing of two land banking transactions (the “Investments”) totaling US$24 million (CDN$33 million) in two separate locations in the Austin MSA.  Both sites will be developed by a local well known developer. … [Read More]

Terra Firma Capital Corporation Announces the Expansion of Its U.S. Credit Facility With Texas Capital Bank to US$35 Million (CDN$47 Million)

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TORONTO, May 06, 2019 (GLOBE NEWSWIRE) — Terra Firma Capital Corporation (TSX-V: TII) (“Terra Firma” or the “Company”), is pleased to announce the expansion of its current debt facility with Texas Capital Bank from US$20 million to US$35 million.  The expanded debt facility will be utilized to support the funding of additional loans and investments… [Read More]

FirstService Announces Election of Directors and Approval of Transaction to Settle Long-Term Incentive Arrangement and Eliminate Dual Class Voting Structure

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TORONTO, May 03, 2019 (GLOBE NEWSWIRE) — FirstService Corporation (TSX: FSV) (NASDAQ: FSV) (“FirstService”) announced that at its annual and special meeting of shareholders, held in Toronto today, the eight director nominees listed in FirstService’s management information circular dated March 25, 2019 (the “Circular”) were elected as directors of FirstService. Directors have been elected to… [Read More]

Allied Announces First-Quarter Results

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TORONTO, May 01, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX: “AP.UN”) today announced results for its first quarter ended March 31, 2019. “We continued to focus on operations, capital allocation and risk management in the first quarter,” said Michael Emory, President & CEO. “Supported by strong demand for urban workspace in… [Read More]

Allied Announces Acquisitions in Toronto, Calgary and Vancouver

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TORONTO, May 01, 2019 (GLOBE NEWSWIRE) — Allied Properties Real Estate Investment Trust (“Allied”) (TSX:AP.UN) announced today that it has acquired or entered into firm agreements to acquire (i) ancillary residential properties in Toronto, (ii) an undivided 50% interest in the Sherwin Block, 738 11th Avenue SW, in Calgary, (iii) 2233 Columbia Street in Vancouver… [Read More]

Mountain China Resorts Reports 2018 Financial and Operational Results

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BEIJING, May 01, 2019 (GLOBE NEWSWIRE) — Mountain China Resorts (Holding) Limited (TSXV: MCG) (“MCR” or the “Company”), today reported its financial results for the year ended December 31, 2018. MCR reports its results in Canadian Dollars. Financial Results Total revenue and the net results were from resort operations sales revenue during the Reporting Period…. [Read More]

Melcor announces Annual General Meeting voting results

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EDMONTON, Alberta, April 30, 2019 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), an Alberta-based real estate development and asset management company, today announced the results of its annual general meeting (AGM), held today. A total of 27,972,467 shares were voted in person or by proxy, representing 83.80% of the outstanding shares as of the… [Read More]