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Loop Energy Fuel Cells to Power Buildings for the First Time in Agreement With Innotest AG

March 18, 2022 By Business Wire

VANCOUVER, British Columbia–(BUSINESS WIRE)–$LPEN–Loop Energy™ (TSX: LPEN), a designer and manufacturer of hydrogen fuel cell-based solutions, announces a commercial agreement with Innotest AG, a Switzerland-based developer of stationary power systems.

The agreement provides the opportunity for Loop Energy’s eFlow™ technology to power buildings in Europe for the first time. Innotest has committed to purchase one Loop Energy S300 (30 kW) fuel cell system for integration into its Home Power Energy System. As part of Innotest’s growing product range, the Home Power Energy System is intended to be installed into residential and commercial buildings to provide heat and electricity.

The decision to select the 30 kW fuel cell system results from its ability to meet Innotest’s stringent and unique performance metrics. Innotest plans to offer the Home Power Energy System in Switzerland and ultimately expand into other European markets. In addition, the companies expect to launch joint initiatives to promote the advantages of powering buildings with hydrogen fuel cells in the coming year.

“Innotest’s decision to select Loop Energy’s fuel cell solution demonstrates the versatility of our technology,” says Loop Energy Chief Commercial Officer, George Rubin. “We are very excited to deliver a fuel cell solution from our existing product line which we believe will provide value to both Innotest and its customers across the European market.”

“The climate crisis is requiring us to find innovative and zero-emission solutions to power our buildings and infrastructure,” says Innotest Product Manager, Mathias Kreier. “By integrating Loop Energy’s fuel cell technology into our Home Power Energy System, we aim to provide reliable and clean power to homes and businesses across Europe, contributing to driving renewable energy dominance and energy independence lifestyle.”

Loop Energy President & CEO, Ben Nyland will also announce the partnership today at the Swiss-Canadian Cleantech Innovation Summit, where he is presenting the company’s strategy to enter markets in Europe. More information about the summit can be found at: https://www.s-ge.com/en/contact/swiss-canadian-cleantech-innovation-summit

About Innotest AG and Brand Home Power

Innotest AG was founded in 1994 to develop and provide innovative measuring and testing technology. Innotest AG has succeeded in gaining international competence and expertise in the fields of ultrasound and electromagnetic test and measurement processes. The company’s activities are research and development, test devices production and energy storage systems integration. Through Home Power, Innotest integrates innovative technologies delivering alternatives to shift renewable-energy surplus between seasons. For more information, please visit https://homepower.ch/.

About Loop Energy Inc.

Loop Energy is a leading designer and manufacturer of fuel cell systems targeted for the electrification of commercial vehicles, including light commercial vehicles, transit buses and medium and heavy-duty trucks. Loop’s products feature the company’s proprietary eFlow™ technology in the fuel cell stack’s bipolar plates. eFlow™ is designed to enable commercial customers to achieve performance maximization and cost minimization. Loop works with OEMs and major vehicle sub-system suppliers to enable the production of hydrogen fuel cell electric vehicles. For more information about how Loop is driving towards a zero-emissions future, visit www.loopenergy.com.

This press release contains forward-looking information within the meaning of applicable securities legislation, which reflect management’s current expectations and projections regarding future events. Particularly, statements regarding the Company’s expectations of future results, performance, achievements, prospects or opportunities or the markets in which we operate is forward-looking information, including without limitation the expected future demand for stationary fuel cell power systems for residential and commercial markets, Innotest AG’s planned expansion into Europe, the expected fuel efficiency, reliability and performance of the Company’s products, the ability of ability of the Company’s products to meet Innotest’s stringent and unique performance metrics and the Company’s expectation of future orders for its products from Innotest AG. Forward-looking information is based on a number of assumptions (including without limitation assumptions with respect the current and future performance of the Company’s products and growth in demand for the Company’s products from Innotest AG and other customers) and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control and could cause actual results and events to vary materially from those that are disclosed, or implied, by such forward‐looking information. Such risks and uncertainties include, but are not limited to, the ability of the Company to execute on its strategy, progress existing and future customers through the Customer Adoption Cycle in a timely way, the realization of electrification of transportation, the elimination of diesel fuel and ongoing government support of such developments, the expected growth in demand for fuel cells for the commercial transportation market and the factors discussed under “Risk Factors” in the Company’s Annual Information Form dated March 30, 2021. Loop disclaims any obligation to update these forward-looking statements.

Contacts

Investor Inquiries:
Bill Zhang | +1 604.222.3400 Ext. 299 | bill.zhang@loopenergy.com
Laine Yonker | +1 646.653.7035 | lyonker@edisongroup.com

Business Inquiries:
George Rubin | +1.604.828.8185 | grubin@loopenergy.com
Luigi Fusi (EMEA) | +39.028457.3048 | luigi.fusi@loopenergy.com

Media Inquiries:
Lucas Schmidt | +1.604.222.3400 Ext. 603 | lucas.schmidt@loopenergy.com

Innotest AG and Brand Home Power Inquiries:
Mathias Kreier | + 4171.970.0970 | Mkreier@innotest.ch

Firm Capital Property Trust Opens the Market

March 17, 2022 By NewsWire Tagged With: TSX:FCD.UN

TORONTO, March 17, 2022 /CNW/ – Robert McKee, President and Chief Executive Officer, Firm Capital Property Trust (“FCPT” or the “Trust”) (TSX: FCD.UN) and his team joined Michael Kousaie, Vice President, Strategy and Product Innovation, Toronto Stock Exchange, to celebrate the Company’s graduation to Toronto Stock Exchange and open the market.   Firm Capital Property… [Read More]

Choice Properties Real Estate Investment Trust Declares Cash Distribution for the Month of March, 2022

March 17, 2022 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”) (TSX: CHP.UN) announced today that the trustees of Choice Properties have declared a cash distribution for the month of March, 2022 of $0.061667 per trust unit, representing $0.74 per trust unit on an annualized basis, payable on April 18, 2022 to Unitholders of record at the close of business on March 31, 2022.

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.

Contacts

For further information:
Mario Barrafato

Chief Financial Officer

Choice Properties REIT

(416) 628-7872

Mario.Barrafato@choicereit.ca

SNAP Home Finance and Navien Inc. Announce Exclusive Partnership with the Launch of NaviLend™ Canada

March 17, 2022 By Business Wire

The new program will allow dealers to offer flexible financing solutions and payment options to Canadians from coast-to-coast.


TORONTO–(BUSINESS WIRE)–SNAP Home Finance Corp. and Navien Inc. have partnered to introduce a new program designed to accelerate business growth for thousands of Canadian home improvement dealers.

SNAP Home Finance is now the exclusive financing partner for Navien’s NaviLend™ Canada program. Through NaviLend™ Canada, thousands of dealers in Canada will be able to offer their customers flexible financing solutions and affordable monthly payment options when completing projects involving Navien boiler and water heating products.

Providing the option of financing enables dealers to expand their customer base by improving affordability for homeowners. Dealers will be able to close more deals, increase their average ticket, and boost their annual sales volume.

“Navien has become one of the fastest-growing companies in the home comfort sector, and we are thrilled to be Navien’s exclusive partner for their NaviLend™ Canada financing program,” says Kevin Stout, Senior Executive Vice President of Sales at SNAP Home Finance. “NaviLend™ is an innovative financing program that will drive significant sales for dealers while giving customers more affordable financing solutions.”

NaviLend™ Canada, powered by SNAP Home Finance, is currently available for all Canadian NavienRewards™ members.

With more than $1.7 billion home improvement loans to thousands of Canadians from coast-to-coast, SNAP Home Finance provides consumers with innovative financing solutions to modernize their residential properties, while proudly delivering industry-leading dealer experience and support. SNAP knows that its dealers are its greatest asset.

Contacts

For further information:

Jake Watson

VP Marketing

(647) 296-5160

JWatson@SnapFinancial.com

Ventas Chairman and CEO Debra A. Cafaro to Receive 2022 Order of Lincoln

March 17, 2022 By Business Wire

Award represents state’s highest honor for professional achievement and public service

CHICAGO–(BUSINESS WIRE)–Ventas, Inc. (NYSE: VTR) (“Ventas” or “The Company”) Chairman and CEO Debra A. Cafaro has been named a 2022 recipient of the Order of Lincoln, Illinois state’s highest honor for professional achievement and public service. This year’s honorees were selected in special consideration of their work uplifting communities while embodying kindness throughout their years of service, according to Illinois Governor J.B. Pritzker’s recipient announcement.

Since early 2020, Cafaro successfully led the healthcare real estate company through the unprecedented COVID-19 crisis with compassion and conviction, consistently prioritizing the health and safety of her employees and 75,000 seniors residing in Ventas-owned senior living communities. With over 23 years at the helm of Ventas, Cafaro has driven superior performance, leadership in environmental, social and governance matters and tangible progress on diversity, equity and inclusion within the company and throughout its sphere of influence.

“I am humbled to receive this honor and accept on behalf of my wonderful colleagues at Ventas whose work and success have enabled Ventas to demonstrate its values and support senior living and healthcare providers, caregivers, researchers and universities for decades,” said Cafaro. “Congratulations to my fellow class of 2022 Lincoln Laureates on their outstanding contributions and public service.”

Cafaro and her fellow 2022 Lincoln Laureate recipients will be honored at the upcoming 58th annual Convocation on April 30, 2022.

About The Order of Lincoln

The Order of Lincoln was established in 1964 by Proclamation of Illinois Governor Otto Kerner, Jr., to honor individuals whose contributions to the betterment of humanity have been accomplished in Illinois, or, whose achievements have brought honor to the state because of their identity with it, whether by birth or residence, or whose dedication to the principles of public service inspire all Illinoisans to respond to what Lincoln called ‘the better angels of our nature’. In 1989, as part of the Academy’s twenty-fifth anniversary, Governor James R. Thompson declared the Order of Lincoln to be ‘the state’s highest award’ and every Illinois Governor since then has so described it. Prior recipients have included George Will, Hillary Clinton, Dick Butkus, Samuel Skinner and Scott Turow. For additional information, visit www.TheLincolnAcademyofIllinois.org.

About Ventas

Ventas Inc., an S&P 500 company, operates at the intersection of two large and dynamic industries – healthcare and real estate. Fueled by powerful demographic demand from growth in the aging population, Ventas owns a diversified portfolio of over 1,200 properties in the United States, Canada, and the United Kingdom. Ventas uses the power of its capital to unlock the value of senior living communities; life science, research & innovation properties; medical office & outpatient facilities, hospitals and other healthcare real estate. A globally-recognized real estate investment trust, Ventas follows a successful long-term strategy, proven over more than 20 years, built on diversification of property types, capital sources and industry leading partners, financial strength and flexibility, consistent and reliable growth and industry leading ESG achievements, managed by a collaborative and experienced team dedicated to its stakeholders.

Important Additional Information Regarding Proxy Solicitation

Ventas, Inc. (the “Company”) has filed a preliminary proxy statement (the “Preliminary Proxy Statement”) and form of associated WHITE proxy card with the U.S. Securities and Exchange Commission (“SEC”) in connection with the solicitation of proxies for the Company’s 2022 annual meeting of stockholders (the “2022 Annual Meeting”). The Company, its directors and certain of its executive officers will be participants in the solicitation of proxies from stockholders in respect of the 2022 Annual Meeting. Information regarding the names of the Company’s directors and executive officers and their respective interests in the Company by security holdings or otherwise is set forth in the Preliminary Proxy Statement. To the extent holdings of such participants in the Company’s securities have changed since the amounts described in the Preliminary Proxy Statement, such changes have been reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed with the SEC. Details concerning the nominees of the Company’s Board of Directors for election at the 2022 Annual Meeting are included in the Preliminary Proxy Statement. BEFORE MAKING ANY VOTING DECISION, INVESTORS AND STOCKHOLDERS OF THE COMPANY ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH OR FURNISHED TO THE SEC, INCLUDING THE COMPANY’S DEFINITIVE PROXY STATEMENT AND ANY AMENDMENTS AND SUPPLEMENTS THERETO AND ACCOMPANYING WHITE PROXY CARD WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and stockholders will be able to obtain a copy of the definitive proxy statement and other relevant documents filed by the Company free of charge from the SEC’s website at http://www.sec.gov and at the Company’s investor relations website at https://ir.ventasreit.com.

Contacts

Sarah Whitford

(877) 4-VENTAS

Melcor Developments Announces Results for 2021 and a Dividend of $0.14 per Share

March 16, 2022 By Globenewswire Tagged With: TSX:MRD

EDMONTON, Alberta, March 16, 2022 (GLOBE NEWSWIRE) — Melcor Developments Ltd. (TSX: MRD), a real estate development and asset management company with operations across western Canada and in the United States, today reported results for the fourth quarter and year ended December 31, 2021. Revenue increased by 39% to a record $315.63 million in 2021 compared… [Read More]

FLAGSHIP COMMUNITIES REAL ESTATE INVESTMENT TRUST ANNOUNCES FOURTH QUARTER AND YEAR-END 2021 RESULTS

March 16, 2022 By NewsWire Tagged With: TSX:MHC.U

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ TORONTO, March 16, 2022 /CNW/ – Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (“Flagship REIT” or the “REIT”) today released its fourth quarter 2021 results for the three months and year ended December 31, 2021. The results presented are compared to the period from August… [Read More]

RESAAS to Present at the Maxim Group 2022 Virtual Growth Conference

March 16, 2022 By NewsWire Tagged With: TSX VENTURE:RSS

VANCOUVER, BC, March 16, 2022 /CNW/ – RESAAS Services Inc. (TSXV: RSS) (OTCQB: RSASF), (“RESAAS” or the “Company”), a technology platform for the real estate industry, today announced that management will present at the Maxim Group 2022 Virtual Growth Conference taking place on Monday, March 28 through Wednesday, March 30. Tom Rossiter, CEO of RESAAS, is… [Read More]

Killam Apartment REIT Announces March 2022 Distribution

March 16, 2022 By NewsWire Tagged With: TSX:KMP.UN

HALIFAX, NS, March 16, 2022 /CNW/ – Killam Apartment REIT (TSX: KMP.UN) is pleased to announce its March 2022 monthly distribution. The distribution of $0.05833 per unit will be paid on April 15, 2022, to unitholders of record on March 31, 2022. Killam Apartment REIT offers a distribution reinvestment plan (the “DRIP”). Eligible unitholders may reinvest… [Read More]

StorageVault Announces Normal Course Issuer Bids for Common Shares and Debentures

March 16, 2022 By Globenewswire Tagged With: TSX:SVI

TORONTO, March 16, 2022 (GLOBE NEWSWIRE) — STORAGEVAULT CANADA INC. (“StorageVault” or the “Corporation”) (SVI-TSX) is pleased to announce that it has received conditional acceptance from the Toronto Stock Exchange (the “TSX”) to conduct a Normal Course Issuer Bid (“NCIB”) to purchase for cancellation, during the 12-month period starting March 18, 2022: (i) up to… [Read More]

CyberData’s New Intercom Offers Touch-free Two-way Communication and Access Control

March 16, 2022 By Business Wire

MONTEREY, Calif.–(BUSINESS WIRE)–CyberData Corporation, celebrating its 48th year in business, announced today the release of a new SIP-enabled Indoor Intercom offering touch-free two-way communication and access control, all with a wave of the hand.


CyberData’s SIP Hand Wave Indoor Intercom offers the ability to make a phone call and engage in a two-way conversation by simply waving your hand. The new Intercom is designed for interior spaces requiring an increased level of security such as within medical facilities and research laboratories, retail establishments, schools, and universities.

CyberData leads the industry when it comes to developing and delivering quality SIP-enabled endpoints such as speakers and intercoms that utilize the VoIP network to facilitate two-way communication, paging, emergency notification and access control. With optimism for the new year, CyberData is focused on expanding their product line with new offerings to reflect the new functions and features required due to a global pandemic, such as distancing and touch-free communication. Following almost two years of successfully delivering product to customers in a tumultuous and uncertain environment, CyberData has utilized the time to develop new devices scheduled for release in 2022, and expand new programs, such as the Reseller & Installer Certification Program launched in late 2020.

“We had a better-than-expected 2021, and that has allowed us to focus time and resources on some new releases and additional offerings,” stated Phil Lembo, President & CEO of CyberData. “We’ve heard from customers wanting Intercom options that reflect new health and safety protocols, and our new touch-free Intercom delivers the communication functionality they need, while adhering to stricter safety protocols around two-way communication and access control. Having a device that can allow for a conversation or provide notification of a visitor just by waving your hand, is pretty desirable for a host of environments,” he continued.

A video-enabled version, the SIP h.264 Video Hand Wave Indoor Intercom, is scheduled for release in the spring and provides for h.264 video communication with a 72-degree field of view. Both Intercoms offer clear two-way audio, increasing the security of any VoIP installation.

CyberData will begin shipping the SIP Hand Wave Indoor Intercom immediately, with the SIP h.264 Video Hand Wave Indoor Intercom following in April. For more information, please visit www.cyberdata.net.

About CyberData

Founded in 1974 and based in Monterey, California, CyberData Corporation is a leading IP Endpoint design and manufacturing firm with a focus on developing peripheral devices for VoIP phone systems. They build products that facilitate legacy migration to VoIP, IP equivalents to existing analog devices, and application specific endpoints that add new functionality. Their VoIP products, such as IP Speakers, IP Horns, and IP intercoms, are cost-effective and easy to manage solutions for VoIP phone systems.

Contacts

Allyn Donigian

Director of Marketing

adonigian@cyberdata.net

 Slate Grocery REIT Announces Distribution for the Month of March 2022

March 16, 2022 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 Board of Trustees has declared a distribution for the month of March 2022 of U.S.$0.072 per class U unit of the REIT (“Class U Units”), or U.S.$0.864 on an annualized basis.

Holders of Class U Units may elect to receive their distribution in Canadian dollars and should contact their broker to make such an election.

Holders of class A units of the REIT (“Class A Units”) will receive a distribution equal to the Canadian dollar equivalent (based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution) of U.S.$0.072 per Class A Unit, unless the unitholder has elected to receive distributions in U.S. dollars. Holders of class I units of the REIT (“Class I Units”) will receive a distribution of U.S.$0.072 per Class I Unit, unless the unitholder has elected to receive distributions in Canadian dollars. Holders of units of subsidiaries of the REIT that are exchangeable into Class U Units (“Exchangeable Units”) will receive a distribution of U.S.$0.072 per unit.

If a holder of Class U Units or Class I Units elects to receive distributions in Canadian dollars, the holder will receive the Canadian dollar equivalent amount of the distribution being paid on the Class U Units or Class I Units, as applicable, based on the U.S./Canadian dollar exchange rate at the time of payment of the distribution.

Distributions on all unit classes of the REIT, and distributions on Exchangeable Units, will be payable on April 18, 2022 to unitholders of record as of the close of business on March 31, 2022.

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. $1.9 billion of critical real estate infrastructure across major U.S. metro markets that communities rely upon for their daily 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-Dist

Contacts

For Further Information
Investor Relations

+1 416 644 4264

ir@slateam.com

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