TORONTO–(BUSINESS WIRE)–Inovalis Real Estate Investment Trust (the “REIT”) (TSX: INO.UN) announced today that Q4 2022 financial results will be released on Tuesday, March 22, 2022, after the markets close.

ABOUT INOVALIS REAL ESTATE INVESTMENT TRUST

Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT’s investment criteria.

Contacts

David Giraud, Chief Executive Officer
Inovalis Real Estate Investment Trust

Tel: +33 1 5643 3323

david.giraud@inovalis.com

Khalil Hankach, Chief Financial Officer
Inovalis Real Estate Investment Trust

Tel:+33 1 5643 3313

khalil.hankach@inovalis.com

DALLAS–(BUSINESS WIRE)–Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Gemite Products, Inc. to W.R. MEADOWS, Inc. The acquisition closed January 21, 2022.

Mississauga, Ontario, Canada-based Gemite Products (Gemite) is a manufacturer of advanced technologies founded more than 30 years ago by Igor Nikolajev, P. Eng. President, and the late Dr. Ivan Razl, Ph.D., P.Eng. who served as Gemite’s Technical Director. The partners developed an extensive line of composite waterproofing and restoration products designed to protect reinforced concrete structures around the world in the most challenging environments.

W.R. MEADOWS, located in Hampshire, Illinois, designs, manufactures, and markets high quality building materials for today’s construction professionals. Products are sold through an authorized distribution network. W.R. MEADOWS is a family-owned and operated company focusing on product quality, outstanding service, and business integrity since its founding in 1926.

W.R. MEADOWS remains committed to producing high quality products and systems that meet or exceed the latest regulations. From highway construction and repair, building construction and restoration, to waterproofing/vaporproofing/air barrier products and more, they’ve been satisfying the needs of the public and private sector of the building construction industry for over 95 years.

The acquisition complements W.R. MEADOWS’ extensive waterproofing and restoration portfolio. For more than 20 years, W.R. MEADOWS served as Gemite’s exclusive distributor for Canada and the U.S. beyond the East Coast region.

“Having worked closely with W.R. MEADOWS for decades, we saw their commitment to quality and product integrity was genuine. My late business partner Ivan Razl and I worked hard to build Gemite to this point, and I feel comfortable seeing W.R. MEADOWS further our legacy of innovation,” Gemite’s President Igor Nikolajev stated.

“W.R. MEADOWS looks forward to further advancing Gemite’s unique technologies for repairing, protecting, and waterproofing reinforced concrete structures,” remarked Glenn Tench, Vice President of Sales and Marketing for W.R. MEADOWS.

Generational Equity Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, and his team led by Senior M&A Advisor, Mike Hammer, with the support of Managing Director, M&A, Corey Painter, successfully closed the deal. Senior Managing Director, Brian Hendershot established the initial relationship with Gemite.

“Working with this client provided a good learning experience on many fronts,” said Hammer.

About Generational Equity

Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.

With more than 250 professionals located throughout 16 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.

The M&A Advisor named the company Investment Banking Firm of the Year three years in a row and Valuation Firm of the Year in 2020. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.

Contacts

Carl Doerksen

972-342-0968

cdoerksen@generational.com

Investment includes a third Montreal campus and the expansion of existing campuses in Montreal and Quebec City

DENVER–(BUSINESS WIRE)–Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced it will invest an additional CAD$900 million to rapidly scale its Canadian operations, including the development of a third campus in Montreal and the expansion of two existing campuses in Montreal and Quebec City. These developments bring the total number of Vantage campuses in the Province of Quebec to four.

Vantage is further expanding its QC4 Montreal campus with a third facility totaling 21MW and 94,000 square feet, which is slated to open its doors in the fourth quarter of 2022. Once fully developed, the campus will offer customers 48MW of IT capacity and be powered by nearly 100% renewable energy from Hydro-Québec.

In addition, Vantage has begun construction of a third Montreal data center campus (QC6), which will also be powered with nearly 100% renewable energy.

In Quebec City, Vantage has acquired an additional eight acres of land to expand the growing QC2 campus.

Customer demand for sustainable data centers in the province is fueling Vantage’s growth in the region. The expansion of the QC2 campus is being partially funded by Société Générale, one of Europe’s leading financial services groups offering sustainability-linked financing options. A portion of the campus was approved for a “green loan,” a first for Vantage, by meeting specific requirements, including the use of nearly 100% renewable energy, the low amount of anticipated carbon emissions, water conservation, an industry-leading design Power Usage Effectiveness (PUE) and an energy management plan to ensure high operational performance.

Vantage has been aggressively expanding across the Province of Quebec since it acquired Canada-based 4Degrees Colocation from Videotron Ltd., a Quebecor Media Inc. (QMI) subsidiary, in January 2019. With these new expansions, Vantage will have four campuses totaling 143MW of IT capacity in the province with a combined investment approaching CAD$1.7 billion. The company is committed to building sustainable data center campuses and has recently pledged to reach net zero carbon emissions by 2030.

“Our continued investment and expansion in the Province of Quebec cements Vantage Data Centers as the largest hyperscale digital infrastructure provider in Canada,” said Maxime Guévin, vice president and general manager of Vantage’s Canadian business. “The Quebec Province is an ideal location for data centers due to our green and affordable power options, rich connectivity, cool climate and business-friendly culture. We look forward to welcoming our global customers to our new facilities later this year.”

The continued expansion in Canada is part of a global growth strategy that Vantage has undertaken since it first entered the Canadian market. After entering six markets in Europe in 2020, the company recently entered five markets in Asia Pacific and broke ground on its first African campus in Johannesburg.

Additional Quotes

“With this significant investment, Vantage is consolidating its presence in our beautiful region and recognizing its leadership in the new technology ecosystem. We are fortunate to have a company that is committed to the attractiveness of our Capitale-Nationale region, but also to its potential and its boldness.”

– Geneviève Guilbault, Deputy Premier and Minister responsible for the Capitale-Nationale region

“The announcement of these key growth projects by Vantage truly demonstrates the appeal of our ecosystems for companies in strategic sectors that are looking for stable and sustainable economic development. Our teams based throughout Quebec and abroad will continue to support foreign subsidiaries in their activities here so that they can pursue their long-term investments in Quebec.”

– Hubert Bolduc, President of Investissement Québec International

“Quebec International’s initiatives to promote the region to technology and information companies are clearly producing results. Vantage Data Centers’ decision to invest in Quebec City is no accident; on the contrary, it confirms the attractiveness of the region and its highly qualified workforce for international companies. This major investment contributes to a 150% increase in the site’s capacity and confirms Quebec City as a leader in the data center industry.”

– Carl Viel, President and CEO of Québec International

“As businesses look to limit their carbon footprint, Greater Montreal is very well positioned to support them. The digital world we live in is generating more and more data that needs to be stored. This reinvestment by Vantage proves once again that Quebec’s renewable energy is a responsible way to support this increase. We are therefore proud to support major players who develop sustainable solutions and contribute to the positioning of our city in the field of technological innovations.”

– Stéphane Paquet, President and CEO, Montréal International

About Vantage Data Centers

Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

For more information, visit www.vantage-dc.com.

Contacts

Press Contacts
Mark Freeman

Vantage Data Centers

mfreeman@vantage-dc.com
+1-202-680-4243

Louis-Martin Leclerc

TACT for Vantage Data Centers

lmleclerc@tactconseil.ca
+1-418-693-2425

TORONTO–(BUSINESS WIRE)–Over the course of the COVID-19 pandemic, the Greater Toronto Airports Authority (GTAA) has focused on equipping its facilities with technology to keep travellers and staff safe and healthy, and have recently supplied Toronto Pearson International Airport and its Mississauga headquarters with 96 JADE™ air purification systems from Surgically Clean Air Inc.™ (SCA). The company was chosen by Stevens and Black Electrical Contractors Ltd, an electrical service contractor company based out of the Greater Toronto Area, which won the bid to help support Pearson’s Healthy Airport program.

Healthy Airport prioritizes passenger and employee safety through a multi-layered approach that has continually evolved with the changing pandemic, and the GTAA is now set to feature SCA’s air purification systems using HEPA filters, which are among the most efficient methods of capturing human-generated viral particles, according to the Centers for Disease Control and Prevention.

As a proudly Canadian company with an ongoing commitment to provide communities and businesses with innovative solutions in air purification in its role as a top provider in premium air purification solutions for dental offices, businesses, and schools, SCA is excited to play a major role in the continued efforts to keep travellers and transport industry employees safe from airborne viral transmission.

“A foundational element of our Healthy Airport program is a commitment to continued innovation as the pandemic evolves,” says Pat Neville, Vice President, Airport Development and Technical Services, GTAA. “We’re taking a layered approach to passenger and employee health and safety, and the addition of Surgically Clean Air JADE™ machines at Toronto Pearson adds another effective layer to our globally recognized Healthy Airport program.”

“One of the biggest wins we have experienced as a result of the pandemic is the opportunity to partner with like-minded organizations looking to support communities and businesses as we reignite our economies and resume our regular routines responsibly and safely,” said Douglas Eaton, Co-Founder, Surgically Clean Air.

About Surgically Clean Air

Surgically Clean Air was launched in 2010 by Marshal Sterio and Douglas Eaton to address the critical need to improve indoor air quality within commercial applications. The company’s first-generation air treatment system was invented as a rapid response to the SARS epidemic. Building on their early success, Surgically Clean Air leveraged their in-house research and development expertise to expand their product line across multiple industries. The company is based in Toronto, Canada, with offices throughout the United States and one location in the United Kingdom.

Contacts

Payal Raj, Global Marketing Director

payal@surgicallycleanair.com
647-861-3179

Max Benson, Public Relations Specialist

Max@verbfactory.com
503-724-0578

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

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

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