MIAMI–(BUSINESS WIRE)–The Board of Directors of Pet Resort Hospitality Group (“PRHG”), a leader in the pet services industry, announced today that it has appointed Jason Duffy to serve as Chief Executive Officer.

Jason joins PRHG as a seasoned operating executive with wide-ranging multi-site consumer services and pet resort leadership experience. Prior to joining PRHG, Jason served as VP of Resort Operations for Pet Paradise, a privately-held pet resort business with over 55 locations nationwide. Prior to that, Jason served in executive and leadership roles at Clear, Walmart, and Meijer. He is also a Six Sigma Black Belt and an avid dog trainer.

PRHG was formed in early 2023 and has since partnered with 6 leading pet resort brands across the country. Currently with 17 locations, 600+ staff members, and over 1,700 daily pet visits, PRHG is one of the largest pet services businesses in the country. With Jason at the helm, PRHG continues to take steps towards establishing itself as the premier pet services platform in the United States and the partner of choice for pet daycare and boarding owners.

Jason commented, “I’m thrilled to be leading such a talented and diverse team of pet resort owners, all of whom have built incredible businesses and trusted PRHG as partners. When Trivest and the founders of PRHG shared their vision, which is focused on quality of care, partnership, support, and growth, I knew it would be the opportunity of a lifetime. I love working with pets and the people who care for them. We believe that we will establish ourselves as the most trusted brand in pet care, and we have all of the pieces necessary to make that happen.”

“We are thrilled to welcome Jason to PRHG and the Trivest family,” added Brian Connell, Partner at Trivest. “He has deep industry experience and is a seasoned leader who understands our customers and cares about the wellbeing of their pets. His leadership style is unique, and his background and demeanor is well aligned with the awesome founders and employees of PRHG. Jason is well-equipped to lead this group as they work together for the future of PRHG.” Eyal Cohen, co-founder and Chief Development Officer at PRHG, added, “It was important to me that whoever joined PRHG as CEO had experience working with pets and growing brands nationally. Jason has a tremendous background, and I’ve already seen the positive response to his leadership across our locations.”

Azhar Quader, co-founder and Executive Chairman at PRHG, commented: “I’ve worked with countless CEOs over my career as an investor. When hiring a leader, I look for high emotional intelligence, deep industry expertise and leadership experience, and a history of winning. Jason has all of that and more, and I’m confident we’ve found the right leader to drive us forward.”

About Pet Resort Hospitality Group

Pet Resort Hospitality Group is a provider of pet services including daycare, boarding, grooming, and training. PRHG is led by a management team with a lengthy track record of successful private equity transactions, with recent success in the animal companion space. Each business within the PRHG family benefits from the experience of the PRHG leadership team in areas such as acquisition planning and integration, growth planning and strategic tactics, brand and technology unification, scalable resources and support, and back-office management. The Company is currently pursuing strategic add-on acquisitions of pet services businesses throughout the United States. To learn more, visit www.petresorts.love.

About Trivest

Trivest Partners LP, headquartered in Miami, with a presence in Charlotte, Chicago, Denver, Los Angeles, New York, and Toronto, is a private investment firm that focuses exclusively on the support and growth of founder-led and family-owned businesses in the United States and Canada in both control and non-control transactions. To learn more, visit www.trivest.com

About Queens Court Capital Management

Queens Court Capital Management is a special situations control oriented private equity firm building on a successful track record as an independent sponsor. Over the past few years Queens Court has deployed over $200 million in equity capital across several proprietary platforms in the middle market and has successfully realized results putting it in the top percentile of independent sponsors. By incorporating the best practices from being an operator, investor and entrepreneur, Queens Court has generated significant value creation for its investor base including successful exits, partial sales, and dividend recapitalizations across portfolio companies. To learn more, visit www.queenscourtcap.com

Contacts

Eyal Cohen

eyal@petresorts.love

CALGARY, Alberta–(BUSINESS WIRE)–Mainstreet Equity Corp. (“Mainstreet” or the “Corporation”) (TSX:MEQ) is pleased to announce the results of the annual meeting of shareholders held on March 7, 2024 (the “Meeting”). The Meeting had a very strong shareholder turnout with holders of approximately 83% of the issued and outstanding common shares represented in person or by proxy.

Navjeet (Bob) Dhillon, Joseph Amantea, Ron Anderson, Karanveer Dhillon, Richard Grimaldi and John Irwin were re-elected to the board of directors of the Corporation for the upcoming year as follows:

	Outcome of the Vote	Votes For	%	Withheld	%
Navjeet (Bob) Dhillon	Elected	6,759,126	87.88	931,969	12.12
Joseph Amantea	Elected	6,379,734	82.95	1,311,361	17.05
Ron Anderson	Elected	6,395,919	83.16	1,295,176	16.84
Karanveer Dhillon	Elected	6,407,273	83.31	1,283,822	16.69
Richard Grimaldi	Elected	6,381,144	82.97	1,309,951	17.03
John Irwin	Elected	6,381,769	82.98	1,309,326	17.02

PricewaterhouseCoopers LLP was re-appointed as the Corporation’s auditor.

Details in respect of all of the resolutions approved at the annual meeting of shareholders may be found in the Management Information Circular prepared in connection with the meeting dated February 1, 2024, available on SEDAR+ at www.sedarplus.ca.

About Mainstreet

Mainstreet Equity Corp. (“Mainstreet”) is a Calgary-based real estate operating company, traded on the Toronto Stock Exchange (TSX:MEQ). Mainstreet is a top provider of high-quality, affordable multi-family rental units in western Canada, covering BC, AB, SK, and MB. Since listing on the TSX in 2000, Mainstreet has grown its portfolio from 1,370 units with appraised value of $90 million to 17,720 year-to-date units with appraised value of approximately $3.2 billion with minimal equity dilution. The company’s long-term value is anchored by a counter-cyclical strategy to aggressively acquire undervalued apartments at distressed prices, using low-cost capital. Once acquired, Mainstreet rapidly stabilizes the assets to minimize cycle times and boost net operating income. The company employs a 100% organic, non-dilutive growth model, leveraging its robust liquidity position. There are currently 9,318,818 common shares outstanding.

SOURCE: Mainstreet Equity Corp. (TSX:MEQ)

Contacts

For further information:

Bob Dhillon, O.C, MBA, DCom, LLD, ICD.D | Founder, President & CEO
D: +1 (403) 215-6063

Executive Assistant: +1 (403) 215-6070

100, 305 10 Avenue SE, Calgary, AB T2G 0W2 Canada

https://www.mainst.biz/
https://www.sedarplus.ca/

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris REIT”) (TSX: PMZ.UN) announced today that its Board of Trustees has declared a distribution of $0.07 per unit for the month of March, 2024, representing $0.84 per unit on an annualized basis. The distribution will be payable on April 15, 2024 to unitholders of record on March 28, 2024.

About Primaris REIT

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in the leading enclosed shopping centres in growing markets. The current portfolio totals 12.5 million square feet valued at approximately $3.8 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

Contacts

Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Tim Pire

Chair of the Board of Trustees

chair@primarisreit.com

TSX: PMZ.UN

www.primarisreit.com

• ECOAsh signifies Holcim North America’s latest innovative solution to accelerate decarbonization and lessen environmental impacts across the rapidly expanding built environment
• New state-of-the-art processing facility in Alberta is the first of its kind within Holcim Group globally
• Advanced beneficiation technology will support growing market needs for high-quality fly ash in high-performance, green, and circular cement and concrete building

CALGARY, Alberta–(BUSINESS WIRE)–#BuildingGreen–Building on its commitment to accelerating green growth, Holcim North America, a leader in innovative and sustainable building materials, today announced the introduction of ECOAsh beneficiated ash within its Lafarge Western Canada operations. With plans for future expansion into the United States, this strategic move not only demonstrates Holcim North America’s dedication to sustainability but also positions the company as an early adopter of innovative technology aimed at decarbonizing the construction industry.

ECOAsh embodies a circular and innovative solution, representing a significant leap toward sustainability. It stands as a high-quality, specification-grade Type F fly ash reclaimed from landfills and transformed into a valuable resource for enhancing cement and concrete construction applications.

“As we continue to build to support growing population demands, the integration of circular building materials such as ECOAsh plays a crucial role in driving our portfolio towards a more sustainable future,” said Toufic Tabbara, Holcim regional head, North America. “By embracing these strategies, we not only provide essential building materials but also establish the foundation for building greener and smarter cities while shaping the trajectory of our industry for generations to come.”

Fly ash, known for being a byproduct of coal-fired power plant operations, is extensively used as a supplementary cementitious material. In addition to its performance and economic advantages, fly ash use is beneficial to the environment because it recycles an industrial byproduct and can reduce the carbon footprint of construction materials. As the shift away from coal-fired power plants continues, addressing challenges related to sourcing reliable fly ash supplies prompts the exploration of harvesting and beneficiating legacy landfilled ash as a viable replacement.

“The transformation of landfill materials into high-value fly ash for sustainable building presents an exciting opportunity for our customers and us to build more with less and work towards a net-zero future,” said Brad Kohl, president and CEO of Lafarge, Western Canada. “At Holcim, we are fully dedicated to meeting future market demands by harnessing and enhancing extensive fly ash reserves secured through well-established, long-term sourcing agreements with electric utilities.”

Following extensive landfill ash evaluations, Holcim North America and Geocycle North America’s new state-of-the-art processing facility in Alberta—the first of its kind within Holcim’s global operations—will use advanced beneficiation technology and proprietary techniques to produce fly ash with equivalent performance and more consistent quality compared to any freshly produced Type F fly ash commercially available. The ECOAsh then undergoes rigorous testing in the plant’s certified quality-assurance laboratories to ensure it meets or exceeds regulatory standards for cement and concrete applications.

Commissioned in February, the new ECOAsh processing facility will commence production and the supply of products to customers throughout Western Canada in the first quarter of 2024.

About Holcim

Holcim is a global leader in innovative and sustainable building solutions with net sales of CHF 27.0 billion in 2023. Driven by our purpose to build progress for people and the planet, our 63,448 employees are on a mission to decarbonize building, while improving living standards for all. We empower our customers across all regions to build better with less, with a broad range of low-carbon and circular solutions, from ECOPact and ECOPlanet to our circular technology platform ECOCycle®. Through innovative systems, from Elevate roofing to PRB insulation, Holcim makes buildings more sustainable in use, driving energy efficiency and green retrofitting. With sustainability at the core of our strategy, we are on the way to becoming a net-zero company with 1.5°C targets validated by SBTi.

Lafarge Canada, a subsidiary of Holcim, employs over 6,900 people and manages 400 sites across the country. We provide green products to build the infrastructure and communities where Canadians live and work. To learn more, visit www.lafarge.ca

Geocycle North America, a subsidiary of Holcim, a leading provider of industrial, agricultural and municipal waste & by-product management in the region. To learn more, visit www.geocycle.com

In the United States, Holcim US includes nearly 350 sites in 43 states and employs 7,000 people. Our customers rely on us to help them design and build better communities with innovative solutions that deliver structural integrity and eco-efficiency. To learn more, visit holcim.us

Contacts

Kristen Marston

Lafarge Canada Inc.

Kristen.Marston@lafarge.com

TORONTO–(BUSINESS WIRE)–Primaris Real Estate Investment Trust (“Primaris” or “the Trust”) (TSX: PMZ.UN) announced today that it has received acceptance from the Toronto Stock Exchange (“TSX”) of Primaris’ notice of intention to renew its normal course issuer bid (“NCIB”). Under the NCIB, Primaris will have the ability to purchase for cancellation up to a maximum of 6,929,436 of its Series A units (“Units”) on the open market, representing 10% of the “public float” (calculated in accordance with TSX rules) as of February 26, 2024. As of February 26, 2024, the number of issued and outstanding Units was 96,444,736.

The NCIB will commence on March 11, 2024, the day after the Trust’s current NCIB expires, and remain in effect until the earlier of March 10, 2025 and the date on which Primaris has purchased the maximum number of Units permitted under the NCIB. Purchases of Units under the NCIB will be made in accordance with TSX rules and policies through the facilities of the TSX, and through Canadian alternative trading systems. The price paid for any repurchased Units will be the market price of such Units at the time of acquisition. The average daily trading volume of the Units from the start of trading on September 1, 2023 through February 29, 2024, was 139,688 Units and accordingly daily purchases will be limited to 34,922 Units other than purchases made in accordance with the TSX’s block purchase exception.

Primaris continues to believe that, from time to time, the market price of the Units may not fully reflect the intrinsic value of the Units and that, in such circumstances, using the NCIB to return capital to its unitholders who choose to participate is a desirable use of Primaris’ funds and may benefit those unitholders who continue to hold Units by increasing their equity interest in Primaris. To Primaris’ knowledge, after reasonable inquiry, none of the trustees, officers or other insiders of Primaris or any associate of any such persons, or any associate or affiliate of Primaris currently intends to sell Units to Primaris during the course of the issuer bid.

Primaris has also entered into a new automatic securities purchase plan (“ASPP”) in connection with the NCIB renewal, with an effective date of March 11, 2024. Under the terms of the ASPP, the Trust’s broker will be permitted to purchase Units in accordance with certain prearranged trading parameters, during periods when Primaris would not ordinarily be active in the market because of internal trading blackout periods, insider trading rules or otherwise.

Under the Trust’s current NCIB that commenced on March 9, 2023 and expires on March 8, 2024, Primaris sought and received approval from the TSX to purchase for cancellation up to 7,020,105 Units and had purchased, through the facilities of the TSX and through any alternative trading system in Canada permitted by the TSX, 3,630,700 Units at a weighted average price of $13.40 per Unit, as of February 29, 2024.

About Primaris

Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in dominant enclosed shopping centres in growing markets. The portfolio totals 39 properties, or 12.5 million square feet, valued at approximately $3.8 billion at Primaris’ share. Economies of scale are achieved through its fully internal, vertically integrated, full-service national management platform. Primaris is very well-capitalized and is exceptionally well positioned to take advantage of market opportunities at an extraordinary moment in the evolution of the Canadian retail property landscape.

Forward-Looking Statements Disclaimer

Certain statements included in this news release constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities laws. The words “will”, “expects”, “plans”, “estimates”, “intends” and similar expressions are often intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Specific forward-looking statements made or implied in this news release include but are not limited to statements regarding the Trust’s plans, objectives, expectations and intentions with respect to the purchase of Units under the NCIB, the potential benefit to unitholders, and the intention of the Trust’s trustees, officers and other insiders to participate in the NCIB. These statements are based on factors or assumptions that were applied in drawing a conclusion or making a forecast or projection, including assumptions based on historical trends, current conditions and expected future developments. Since forward-looking statements relate to future events and conditions, by their very nature they require making assumptions and involve inherent risks and uncertainties. Primaris cautions that although it is believed that the assumptions are reasonable in the circumstances, these risks and uncertainties give rise to the possibility that actual results may differ materially from the expectations set out in the forward-looking statements. Material risk factors and assumptions include those set out in Primaris’ management’s discussion and analysis and annual information form, which are available on SEDAR+, and in Primaris’ other materials filed with the Canadian securities regulatory authorities from time to time. Given these risks, undue reliance should not be placed on these forward-looking statements, which apply only as of their dates. Other than as specifically required by law, Primaris undertakes no obligation to update any forward-looking statements to reflect new information, subsequent or otherwise.

Contacts

For more information:


Alex Avery

Chief Executive Officer

416-642-7837

aavery@primarisreit.com

Rags Davloor

Chief Financial Officer

416-645-3716

rdavloor@primarisreit.com

Tim Pire

Chair of the Board of Trustees

chair@primarisreit.com

TSX: PMZ.UN

www.primarisreit.com

Concept truck bodies designed for intelligent delivery

MORGANTOWN, Pa.–(BUSINESS WIRE)–#BodiesThatMoveBusiness–At NTEA Work Truck Week 2024, Morgan Truck Body, North America’s largest manufacturer of light- and medium-duty freight and refrigerated van and truck bodies, will introduce Projects “Agora” and “Blackjack” concept bodies (JB Poindexter & Co., Inc. Booth #601).

“Reflecting years of design evolution, the Morgan concept bodies are built with a focus on aerodynamics, lightweighting, improved ergonomics and enhanced situational awareness for increased driver convenience and productivity,” says Corby Stover, Morgan Truck Body President. “These designs represent the continuing evolution of the Morgan Truck Body to meet future market and customer needs.”

Customers utilizing either traditional fuel engines or electric battery vehicles benefit from the innovative universal design to meet their final-mile delivery needs. The Project Agora concept body is featured on an Isuzu FTR chassis. Project Blackjack concept body is featured on an International® eMV™ Series battery electric chassis. Innovations include:

• Extended range & efficiency with military-grade advanced composites to shape airflow around the body to reduce drag and improve aerodynamics for both traditional fuel engines and electric vehicles
• Mid-panel translucent roof allows natural sunlight to pass through while reducing the amount of heat transferred into the truck body associated with typical translucent roof panels​
• Lightweight body components including an aluminum subframe that is anti-corrosive and significantly improves customer payload capacity​
• Ergonomic enhancements & ease of use to reduce operator stress
  • Motion sensor activated LED strip lighting provides efficient and consistent light throughout the length of the body​
  • Encapsulated hardwood floor with anti-slip surface
• Project Agora’s specific features
  • Rivet-less smooth wall aluminum construction
  • A reduction of 18 percent in aerodynamic drag improves fuel economy and extends range for both traditional fuel engines and battery electric vehicles
  • Powered rear overhead door and powered side canister door reduce physical strain with effortless operation. Operators can easily operate the powered doors with a touchscreen in the cab, remote key fobs, or intelligent keyless entry
  • Situational Awareness with EAVX VX-Controls includes external 360° and internal cargo area cameras, which can be viewed in both the cab and cargo area, provide enhanced awareness of potential hazards in or around the vehicle. Rear and side blindspot monitoring supplements the camera systems to alert drivers of potential moving hazards near the truck.​
• Project Blackjack’s specific features
  • Constructed with structural composite foam core wall panels
  • A reduction of 20 percent in drag improves fuel economy and extends range for both traditional fuel engines and battery electric vehicles
  • Situational Awareness with Morgan SA 5.0 Package featuring digital rear-view mirror, back up proximity sensors, 360 degree and internal cargo area cameras and supplemental hazard detection

About Morgan Truck Body, LLC

Those who depend on trucks to move their business choose Morgan Truck Body. Morgan remains committed to its mission to design, build, sell, and support the most reliable truck bodies in the world, as the preferred global partner providing innovative middle-mile solutions connecting the world’s supply chain. Founded in 1952 and headquartered in Morgantown, PA, Morgan Truck Body is the largest manufacturer of light- and medium-duty truck bodies in North America. Morgan employs over 2,700 team members in 13 manufacturing locations and 8 service centers across the United States and Canada. Morgan Truck Body, LLC is a subsidiary of J.B. Poindexter & Co, Inc., an owner-operated business enterprise providing best-in-class automotive and manufacturing goods and services. MorganCorp.com

Photos available for download at:

https://www.morgancorp.com/agora/
https://www.morgancorp.com/blackjack/

Contacts

Brian Bradley, Director of Marketing and Product Management

Morgan Truck Body

Brian.Bradley@Morgancorp.com
610-286-2431