Three samples in China's Tianjin province showed traces of the coronavirus, possibly due to a combination of poor hygiene and cold storage temperatures.
DELTA, B.C. — A hospice that has refused to provide medical assistance in dying based on religious objections will have to vacate a facility in Delta, B.C., by the end of March.Health Minister Adrian Dix joined two officials from the regional health authority in saying a contract with the Delta Hospice Society will end in accordance with the termination of its $1.5-million contract announced a year ago.They say in a statement that Fraser Health will serve 30 days' notice to the society on Feb. 25.The statement comes a week after the society's board sent layoff notices to all clinical staff at the hospice before the cancellation of its service agreement.Angelina Ireland, board president of the Delta Hospice Society, did not return a request for comment. Dix, along with Jim Sinclair, the chairman of the board for Fraser Health, and the authority's president Dr. Victoria Lee, say access to hospice services is fundamental to people in B.C.They say they have strong support for their decision, which was not taken lightly."It is important for people at the end of their lives to have peace, comfort and choice related to their own health. We are committed to providing a public health system that includes a full range of options for people in our communities, including those in hospice settings."Delta Mayor George Harvie says in a statement the issue of hospice care has deeply impacted residents of the city south of Vancouver.This report by The Canadian Press was first published Jan. 15, 2021. The Canadian Press
New York, New York--(Newsfile Corp. - January 15, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of QuantumScape Corporation f/k/a Kensington Capital Acquisition Corp. ("QuantumScape") (NYSE: QS) between November 27, 2020 and December 31, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Northern District of ...
EDMONTON — Alberta's health minister says it will take longer than expected to start immunizing seniors over 75 outside long-term care homes due to a delay in manufacturing one of the COVID-19 vaccines. Tyler Shandro says the news out of Ottawa is a blow and it's not clear how the delay will affect Alberta's vaccine allocation in the coming weeks. He says the government had hoped to announce in the coming days that seniors over 75 and Indigenous people over 65 would be eligible to get their shots, but now the timeline is in question. Federal officials said earlier in the day that only half of promised Pfizer-BioNTech vaccine doses will arrive in the next month due to production issues in Belgium. Senior medical officer of health Laura McDougall says Alberta is still ramping up its ability to administer vaccines as quickly as possible. She says the province has recruited pharmacists, retired health-care workers and nursing students to give out shots and that pop-up clinics have been set up in emergency departments to reach more front-line staff. Alberta reported 785 new cases of COVID-19 on Friday along with 13 more deaths. There were 796 people in hospital, with 124 of those in intensive care. More than 74,000 vaccine doses have been given out so far, and the province still aims to administer 50,000 a week by the end of January if there is enough supply. This report by The Canadian Press was first published Jan. 15, 2020. The Canadian Press
Retailers and city officials across the U.S. are taking precautions in advance of Wednesday's presidential inauguration.
Major social platforms have been cracking down on the spread of misinformation and conspiracy theories in the leadup to the presidential election, and expanded their efforts in the wake of the Jan. 6 Capitol riot. But Apple and Google, among others, have left open a major loophole for this material: Podcasts. Podcasts made available by the two Big Tech companies let you tune into the world of the QAnon conspiracy theory, wallow in President Donald Trump's false claims of a stolen election and bask in other extremism. Accounts that have been banned on social media for election misinformation, threatening or bullying, and breaking other rules also still live on as podcasts available on the tech giants’ platforms. Conspiracy theorists have peddled stolen-election fantasies, coronavirus conspiracies and violent rhetoric. One podcaster, RedPill78, called the Capitol siege a “staged event” in a Jan. 11 episode of Red Pill News. The day before the Capitol riot, a more popular podcast, X22 Report, spoke confidently about a Trump second term, explained that Trump would need to “remove” many members of Congress to further his plans, and said “We the people, we are the storm, and we’re coming to DC.” Both are available on Apple and Google podcast platforms. Podcasting “plays a particularly outsized role” in propagating white supremacy, said a 2018 report from the Anti-Defamation League. Many white supremacists, like QAnon adherents, support Trump. Podcasting’s an intimate, humanizing mode of communication that lets extremists expound on their ideas for hours at a time, said Oren Segal of ADL’s Center on Extremism. Elsewhere on social media, Twitter,Facebook and YouTube have been cracking down on accounts amplifying unfounded QAnon claims that Trump is fighting deep state enemies and cannibals operating a child-sex trafficking ring. A major talk radio company, Cumulus, told its hosts to tone down rhetoric about stolen elections and violent uprisings or risk termination, although it's not clear what impact that dictate has had. Google-owned YouTube axed “Bannon's War Room,” a channel run by Trump loyalist Steve Bannon on Jan. 8 after he spread false election claims and called for the beheading of Dr. Anthony Fauci, the top U.S. infectious-disease expert. But podcast versions of Bannon's show live on at Apple and Google. Spotify took it down in November, according to one of its hosts. “Podcasts filled with hatred and incitement to violence should not be treated any differently than any other content," Segal said. "If you’re going to take a strong stance against hate and extremism in the platform in any way, it should be all-inclusive.” Apple, Spotify and Google curate lists of top podcasts and recommend them to users. Apple and Spotify are the dominant players in the U.S., with other players far behind, said Dave Zohrob, CEO of the podcast analytics firm Chartable. Despite its name recognition, Google remains a tiny presence. Spotify said it takes down podcasts that violate its policies against hate speech, copyright violations or break any laws, using “algorithmic and human detection measures” to identify violations. Apple’s guidelines prohibit content that is illegal or promotes violence, graphic sex or drugs or is “otherwise considered obscene, objectionable, or in poor taste.” Apple did not reply to repeated questions about its content guidelines or moderation. Google declined to explain the discrepancy between what’s available on YouTube and what’s on Google Podcasts, saying only that its podcast service “indexes audio available on the web” much the way its search engine indexes web pages. The company said it removes podcasts from its platform “in very rare circumstances, largely guided by local law.” X22 Report and Bannon’s War Room were No. 20 and No. 32 on Apple's list of top podcasts on Friday. (Experts say that list measures a podcast's momentum rather than total listeners.) X22 Report said in October that it was suspended by YouTube and Spotify and last week by Twitter. It's no longer available on Facebook, either. It is supported by ads for products such as survivalist food, unlicensed food supplements and gold coins, which run before and during the podcasts. The website for Red Pill News said YouTube banned its videos in October and that a Twitter suspension followed. The podcast is available on Apple and Google, but not Spotify. Several QAnon proponents affected by the crackdown sued YouTube in October, calling its actions a “massive de-platforming.” Among the plaintiffs are X22 Report, RedPill78 and David Hayes, who runs another conspiracy podcast called Praying Medic that's available on Apple and Google, but not Spotify. Melody Torres, who podcasts at SoulWarrior Uncensored, self-identifies as a longtime QAnon follower and said in a recent episode that her podcast is “just my way of not being censored." She said she was kicked off Twitter in January and booted from Instagram four times last year. She currently has Instagram, Facebook and YouTube accounts; her podcast is available on Apple and Google. It was no longer available on Spotify late Friday after The Associated Press inquired about it. X22 Report, RedPill78 and Hayes did not respond to requests for comment sent via their websites. Torres did not reply to a Facebook message. Podcasts suffer from the same misinformation problem as other platforms, said Shane Creevey, head of editorial for Kinzen, a startup created by former Facebook and Twitter executives that offers a disinformation tracker to companies, including some that host or curate podcasts. Creevey points out that it's harder to analyze misinformation from video and audio than from text. Podcasts can also run for hours, making them difficult to monitor. And podcasting has additional challenges in that there are no reliable statistics on their audience, unlike a YouTube stream, which shows views, or a tweet or Facebook post, which shows likes and shares, Creevey said. But some argue that tech-company moderation is opaque and inconsistent, creating a new set of problems. Censorship “goes with the tide against what’s popular in any given moment," said Jillian York, an expert at the Electronic Frontier Foundation, a digital-rights group. Right now, she said, “that tide is against the speech of right-wing extremists ... but tomorrow the tide might be against opposition activists.” ___ AP Technology Editor David Hamilton contributed to this article. Tali Arbel, The Associated Press
Rep. Joaquin Castro and Sen.-designate Alex Padilla want immigrants working on the front lines of COVID-19 to get the chance to become U.S. citizens.
Lindsey Horan says she felt miserable when she caught COVID-19 late last year but she's grateful it wasn't worse. The 26-year-old midfielder was set to accompany the U.S. national team to the Netherlands for their final match of the year when U.S. Soccer announced her diagnosis on Nov. 18. Now back with the team in training camp, Horan said she has fully recovered. “COVID time was not a fun time, I’ll say that much,” Horan said Friday. “There was probably a week and a half there that was pretty miserable. And obviously, I wouldn’t want anyone to have to go through that. I’m very lucky that I’m healthy and I’m young and I came out of it OK.” Horan, who plays professionally for the Portland Thorns in the National Women's Soccer League, was the first national team player known to have contracted the coronavirus. Alex Morgan revealed on social media recently that she and her family had contracted COVID-19 over the holidays. Morgan is married to fellow soccer player Servando Carrasco and they have a 7-month-old daughter named Charlie. Both Horan and Morgan were on the national team squad that won the 2019 World Cup in France. Horan, a native of Golden, Colorado, is known as a physical player who eschewed playing in college to turn professional right out of high school. She played in France for Paris Saint-Germain for several years before moving back to the United States to join the Thorns in 2016. Horan played for the Thorns last summer in the NWSL’s Challenge Cup in a bubble in Utah, then played in all four of Portland’s fall series matches. Horan has appeared in 86 matches for the national team with 19 goals and 28 assists. She made her first appearance with the senior national team at 18 in the 2013 Algarve Cup. She's thrilled to be back in camp as the team heads into a pair of exhibition matches against Colombia next week in Orlando, Florida. The national team then hosts the SheBelieves Cup in February before preparing for the Olympics in Tokyo this summer. The team secured a spot in the field last year before the coronavirus took hold in the United States. “Obviously, now I’m doing well and in camp, and I feel 100%. But yeah, just not an experience that I enjoyed whatsoever," Horan said about her bout with the virus. “And I missed out on getting to play with the team, so that was a bummer. It’s scary just knowing what other people might have to go through that could be a lot worse than me.” She said she had many of the symptoms of COVID-19 while she was ill, except she never lost her senses of smell and taste. Putting the experience behind her, Horan is happy to be back at work with the team rather than trying to keep up with training by herself. “I think the best way to put it is — we even talk among players here — you can do however much in your off-season to try to emulate what we do here and prepare as much as possible, but the second we get here, it’s so different," she said. "You’re playing with some of the best players in the world and competing every single day and knowing that your spot is always up for grabs. I think that’s what makes this team so special and what makes this environment so competitive and welcoming for everyone to get better.” ___ More AP soccer: https://apnews.com/Soccer and https://twitter.com/AP_Sports Anne M. Peterson, The Associated Press
WASHINGTON — President Donald Trump has awarded a top U.S. honour to King Mohammed VI of Morocco, citing his decision to begin normalization of relations with Israel. The Legion of Merit is a rarely awarded decoration that can only be bestowed by the president, and typically on heads of state or government of other countries. The honour comes after the United States in December recognized Morocco’s sovereignty over the entire Western Sahara territory, including disputed area between southern Morocco and Mauritania. Morocco, in turn, agreed to resume partial diplomatic ties with Israel in the near future, establish direct flights between the nations, and promote economic and technological co-operation. Trump has sought to make bolstering regional support for Israel as a countermeasure to Iranian aggression a signature foreign policy legacy of his administration. King Mohammed was not in Washington to accept the award. Morocco’s ambassador to the U.S., Princess Lalla Joumala, accepted it on his behalf in a private ceremony, according to a White House statement. Trump in his final days in office has spent time honouring friends and allies with the presidential awards. Earlier this week, Trump awarded the Presidential Medal of Freedom to Ohio Rep. Jim Jordan, one of his fiercest GOP allies, in a private ceremony at the White House. The White House also announced this week that Trump would be awarding New England coach Bill Belichick, a six-time Super Bowl winner, the Medal of Freedom. But Belichick declined to accept the award. The Associated Press
California Governor Gavin Newsom flew down to Los Angeles on Friday for the opening of a mass vaccination site at Dodger Stadium. Before Newsom stepped to the podium, L.A. Mayor Eric Garcetti introduced him as “not just California’s governor, but America’s governor.” During the press conference on the field, Newsom was asked twice about the […]
Residents reported ‘unusually large number of vehicles’ outside property
VANCOUVER, British Columbia, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to announce that the United States Bureau of Land Management ("BLM") has issued the Record of Decision (“ROD”) for the Thacker Pass lithium project (“Thacker Pass” or the “Project”) following completion of the National Environmental Policy Act (“NEPA”) process. Thacker Pass, located 100 km northwest of Winnemucca, in Humboldt County, Nevada, is 100% owned by Lithium Nevada Corp. (“Lithium Nevada”), a US corporation and wholly-owned subsidiary of Lithium Americas. “The issuance of the ROD is the culmination of over 10 years of hard work from the Thacker Pass team, as well as the BLM and other federal, state and local agencies, all of whom worked tirelessly to ensure their respective commitments to environmental stewardship and community engagement,” commented Jon Evans, President and CEO. “With the federal permitting process complete, our focus is on advancing the financing process including discussions with potential strategic partners.” Receipt of the ROD represents an important milestone in the development and the permitting of the Thacker Pass Project. Applications for key state permits and water rights transfers have been submitted, with results expected later this year. About Lithium Americas: Lithium Americas is a development-stage company with projects in Jujuy, Argentina and Nevada, USA. The Company trades on both the Toronto Stock Exchange and on the New York Stock Exchange, under the ticker symbol “LAC”. For further information contact:Lithium Americas Corp.Investor RelationsSuite 300 – 900 West Hastings StreetVancouver, BC, V6C 1E5Telephone: 778-656-5820Email: firstname.lastname@example.orgWebsite: www.lithiumamericas.com Forward-Looking Statements: This news release contains “forward-looking information” and “forward-looking statements” (which we refer to collectively as forward-looking information) under the provisions of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking information. Examples of forward-looking information in this news release include, among other things, statements related to: development of the Thacker Pass project, including timing and permitting expectations. Forward-looking information is based upon a number of factors and assumptions that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements expressed or implied by such information. Such information reflects the Company’s current views with respect to future events and is necessarily based upon a number of assumptions that, while considered reasonable by the Company today, are inherently subject to significant uncertainties and contingencies. These assumptions include, among others: expected budgets, capital expenditures and programs for the Company’s projects; estimates of the mineral resources and reserves at its properties; development of mineral resources and reserves; government regulation of mining operations and treatment under governmental and taxation regimes; the timing and amount of future production; currency exchange and interest rates; the Company’s ability to raise capital; exploration of financing options and a potential joint venture partner for Thacker Pass; the timing, cost, quantity, capacity and product quality of production at the Thacker Pass project; results of the Company’s engineering, design permitting program at the Thacker Pass project, including that the Company meets deadlines set forth herein and receives permits as anticipated; successful results from the Company’s testing facility and third-party tests related thereto; capital costs, operating costs, sustaining capital requirements, timing, results and completion of the Thacker Pass feasibility study; funding of project permitting and feasibility study costs for the Thacker Pass project; ability to achieve capital cost efficiencies; the effect of current or any additional regulations on the Company’s operations; forecasted demand for lithium products, including pricing thereof; the Company’s ability to fund, advance and develop the Caucharí-Olaroz project and the Thacker Pass project into production, including results therefrom and timing thereof; the impacts of COVID-19 globally and in the jurisdictions in which we operate, and on the availability and movement of personnel, supplies and equipment; timing of regulatory approvals and permits, and on third parties we are in a contractual relationship with regarding the preparation of the feasibility study and with respect to construction activities at the Caucharí-Olaroz project; accuracy of mineral resources, including whether such mineral resources can ever be converted into reserves; reliability of technical data, accuracy of current budget and construction estimates; that pending patents will be approved; ability to achieve commercial production; the share price and demand for our common stock; general economic conditions; maintenance of a positive business relationship with co-owners; timely responses from governmental agencies responsible for reviewing and considering the Company’s permitting activities; the Company’s position in a competitive environment; and a stable and supportive legislative, regulatory and community environment. Forward-looking information also involves known and unknown risks that may cause actual results to differ materially. These risks include, among others, inherent risks in the development of capital intensive mineral projects (including as co-owners), variations in mineral resources and mineral reserves, global demand for lithium, recovery rates and lithium pricing, risks associated with successfully securing adequate financing, changes in project parameters and funding thereof, risks related to growth of lithium markets and pricing for products thereof, changes in legislation, governmental or community policy, political risks associated with foreign operations, permitting risks, including receipt of new permits and maintenance of existing permits, title and access risks, cost overruns, unpredictable weather and maintenance of natural resources, unanticipated delays, intellectual property risks, currency and interest rate fluctuations, operational risks, health and safety risks, and general market and industry conditions. Additional risks, assumptions and other factors are set out in the Company’s management discussion analysis and most recent annual information form, copies of which are available on SEDAR at www.sedar.com and on the SEC’s website at www.sec.gov. Although the Company has attempted to identify important risks and assumptions, given the inherent uncertainties in such forward-looking information, there may be other factors that cause results to differ materially. Forward-looking information is made as of the date hereof and the Company does not intend, and expressly disclaims any obligation to, update or revise the forward-looking information contained in this news release, except as required by law. Accordingly, readers are cautioned not to place undue reliance on forward-looking information.
MANCHESTER, England — Heading to the second-placed defending champions in first place on Sunday, Manchester United is on a high. Doubly so. It's not just Ole Gunnar Solskjaer's men leading the English Premier League by three points going into Sunday's trip to Liverpool. Casey Stoney's side goes to Chelsea on top of the Women's Super League by the same margin. It's a transformative moment for one of the world's most valuable sports entities. When United last won the Premier League in 2013, the women's team didn't exist. Even amid all of the challenges to revive the glory years under Alex Ferguson, the owning Glazer family finally invested to launch a women's team in 2018 and it's making rapid progress. After gaining instant promotion to the top division, Stoney's women are mounting a title challenge in only their third season. “It is great for Ole to be in a position he’s in, it’s great for us to be in a position we're in," Stoney said on Friday. “It’s more important about performing week in, week out so that we can sustain something, so we’re in a good position come May.” The team trophies are yet to be won this season, but the personal trophies are already being collected. Player of the month awards in both the men's and women's leagues were handed to Red Devils on Friday. It was the fourth time Bruno Fernandes has won the accolade since signing for United a year ago, with three goals and four assists in December alone from the Portugal midfielder. “I know people talk mostly about the goal involvements, which is very important stuff, but he is a linkup in a lot of other situations as well,” Liverpool manager Jürgen Klopp said ahead of Fernandes taking on the champions. “He seems to be a leader as well. So, a good signing unfortunately — for United.” Winger Leah Galton went one better than Fernandes in December by scoring four league goals to propel United to the summit. Galton has credited the arrival of American World Cup winners Tobin Heath — November’s best player in the WSL — and Christen Press transforming the mindset of the team and giving them the confidence to attack and take more scoring chances. Galton had turned her back on playing for a time after making just one appearance for Bayern Munich in February 2018 but she was asked to join the launch of Stoney's team at United later that year. “I went in as one person and came out a different person,” Galton recalled this week. ”Casey said she thought she knew my potential and she wanted to invest in that, and that made me really excited to work with her because no coach had said to me before that they were excited to see what I could grow into. She’s stuck to her word." Stoney was also honoured on Friday with a second successive manager of the month award after three straight wins in December extended United's unbeaten run to 14 league games. “My players probably don’t see enough of soft sides,” Stoney said on a video call between sips of the Bovril beef drink. “They’ll tell you that I’m quite tough.” The former England international's first managerial experience came at Sunday's opponent, Chelsea, while also playing for the London club in 2009 — before the launch of the WSL and fully professional women's football in England. Now Stoney is trying to outwit the WSL's most successful coach, Emma Hayes, who led Chelsea to a third title last season. The teams drew 1-1 to open this campaign in September. “We managed to get a point when we were very thin on the ground," Stoney said. “We’ve now got more players to pick from.” Stoney regularly swaps ideas with Solskjaer, picking each other's brains on creating a winning culture and mindset around their teams. “We have a culture of high standards," Stoney said. “We have a culture of respect. We have a culture of togetherness.” When Stoney was tasked with assembling the team in 2018, Jose Mourinho was still in his final months leading the men in a period of turmoil. Solskjaer stepped into the job on a temporary assignment that became permanent but the former title-winning player has seen his abilities constantly doubted. Even after a 6-1 humiliation to Tottenham in October and a premature Champions League exit last month, United's decision to stick with a manager whose composed demeanour has replaced the bluster under Mourinho might finally be paying off. An 11-game unbeaten run has propelled United into first place for the first time this late in a season — after 17 of 38 games — since Ferguson produced United's record-extending 20th English title in 2013. After Klopp ended Liverpool's 30-year title drought last season, the 19-time champions are within touching distance again. “Our position at the moment is a product of all the hard work," Solskjaer said. “We probably deserve to be where we are at at the moment but I don’t think many would have thought another word for it than an upset if you go six weeks back (and asked) if we beat Liverpool at Anfield." No team has won in the league at Anfield since 2017 but United is also trying to extend Liverpool's winless streak to four games for the first time since that year. “It’s a test and reality check of where we’re really at because we’ve won many, many tight games, scored a few goals in injury time, showed that mentality," Solskjaer said. “We’ve not really set the world alight too many times." What would set the world alight is United in May being the first team since Chelsea in 2015 to pick up the Premier League and Women's Super League trophies in the same year. ___ More AP soccer: https://apnews.com/Soccer and https://twitter.com/AP_Sports Rob Harris, The Associated Press
The settlement still needs final approval. McNair died in June of 2018 after suffering heat stroke during a workout.
NEW YORK, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Northern Dynasty Minerals Ltd. (NYSE: NAK) between December 21, 2017 through November 25, 2020, inclusive (the “Class Period”), of the important February 2, 2021 lead plaintiff deadline in the securities class action commenced by the firm. The lawsuit seeks to recover damages for Northern Dynasty investors under the federal securities laws. To join the Northern Dynasty class action, go to http://www.rosenlegal.com/cases-register-1996.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email email@example.com or firstname.lastname@example.org for information on the class action. According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Northern Dynasty’s Pebble Project was contrary to Clean Water Act guidelines and to the public interest; (2) Northern Dynasty planned that the Pebble Project would be larger in duration and scope than conveyed to the public; (3) as a result, Northern Dynasty’s permit applications for the Pebble Project would be denied by the U.S. Army Corps of Engineers; and (4) as a result, defendants’ public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 2, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1996.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at email@example.com or firstname.lastname@example.org. NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm’s attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 email@example.com firstname.lastname@example.org email@example.com www.rosenlegal.com
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New York, New York--(Newsfile Corp. - January 15, 2021) - The following statement is being issued by Levi & Korsinsky, LLP:To: All persons or entities who purchased or otherwise acquired securities of Triterras, Inc., f/k/a Netfin Acquisition Corp. ("Triterras") (NASDAQ: TRIT) between August 20, 2020 and December 16, 2020. You are hereby notified that a securities class action lawsuit has been commenced in the United States District Court for the Southern District of New ...
The coronavirus pandemic has hit Karl-Anthony Towns and his family extremely hard.
The Dodgers agreed to terms with a trio of highly regarded prospects among the 22 players they signed on the first day of the international signing period.
CALGARY, Alberta, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Distinction Energy Corp. (formerly named Delphi Energy Corp.) (“Distinction” or the “Company”) announces that, effective January 15, 2021, the warrant certificate representing 3,348,799 class A common share purchase warrants of the Company (the “Warrants”) issued to Kiwetinohk Resources Corp. (“KRC”) was amended and restated to, among other things, facilitate an early exercise of the Warrants, which KRC exercised on January 15, 2021 at an aggregate exercise price of $40 million. As a result of the exercise, KRC acquired 3,348,799 class A common shares in the capital of the Company (“Common Shares”), resulting in KRC owning 4,870,980 Common Shares, representing 50% plus 1 of the issued and outstanding Common Shares on a fully diluted basis (excluding Common Shares issuable upon exercise of the existing stock options of the Company (“Options”)). In addition, the investor agreement dated July 5, 2020 between the Company, Luminus Energy IE Designated Activity Company (“Luminus Energy”) and KRC (the “Investor Agreement”) was amended and restated to provide for, among other things, the following: Prior to the time that is 48 hours prior to the initial time of the listing and posting for trading of the Common Shares on the Toronto Stock Exchange, the TSX Venture Exchange or other comparable stock exchange or trading system (“Recognized Exchange”) as is approved by the board of directors of Distinction (the “Board”) (a “Listing”), the Board shall be comprised of five (5) members and Luminus Energy shall be entitled to three (3) Board nominees and KRC shall be entitled to two (2) Board nominees. Thereafter, KRC shall be entitled to three (3) Board nominees and Luminus Energy shall be entitled to two (2) Board nominees (subject to meeting certain ownership thresholds).From and after the earlier of (i) the receipt of conditional listing approval of a Listing by a Recognized Exchange (“Conditional Listing Approval”) and (ii) the signing of one or more definitive agreements that upon closing will be a Material Transaction (as defined below), Luminus Energy shall use its reasonable commercial efforts to cause each of the officers of Distinction to resign and cause its director nominees to vote in favour of such officer appointees as are proposed by KRC’s director nominees. The amended and restated Investor Agreement defines a Material Transaction as a direct or indirect acquisition, in one or more transactions, by Distinction or an affiliate of Distinction, of assets having aggregate average production in the month prior to acquisition in excess of 2,000 barrels of oil equivalent per day or an aggregate acquisition cost (including assumed indebtedness, issuances of securities and undiscounted future capital commitments) in excess of $35,000,000, as approved by the Board.Until the date of Listing, the Company shall not take action on or implement certain major corporate decisions (collectively, the “Major Decisions”) without the unanimous approval of the Board and the prior written consent of Luminus Energy and KRC.From and after the date of Listing the provisions relating to the composition of Board committees, Major Decisions and certain participation rights of Luminus Energy and KRC relating to offers for sale of securities of Distinction will become inoperative and of no further force and effect.The “Listing Deadline” was amended to mean: (i) June 30, 2021; (ii) September 30, 2021 in the event that the Company is prevented or delayed from completing the Listing by June 30, 2021 as a result of circumstances which are beyond the commercially reasonable control of the Company; or (iii) such other date as determined by the Board pursuant to the terms of the amended and restated Investor Agreement. The management services agreement dated July 5, 2020 between the Company, Distinction Energy Partnership (formerly named Delphi Energy Partnership) (the “Partnership”) and KRC, was also amended and restated to provide for, among other things, the following: The monthly fee payable to KRC thereunder increases from $0.75 per BOE produced by the Company or by the Partnership, as applicable, in a calendar month to $1.50 per BOE upon the earlier of (i) the date of receipt of Conditional Listing Approval and (ii) the signing of one or more definitive agreements that upon closing will be a Material Transaction.Until the receipt of Conditional Listing Approval, the monthly fee shall not be paid on a monthly basis but shall instead be accrued and be paid by the Company and the Partnership (based on their proportionate share) in the aggregate on the date of receipt of Conditional Listing Approval. Early Warning Disclosure The following disclosure is provided pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues (“NI 62-103”) in connection with the filing of amended Early Warning Reports regarding the exercise of the Warrants by KRC and the amendments to the Investor Agreement: Luminus Energy: The amendment and restatement of the Investor Agreement reflects a material change to the disclosure in section 6 of the early warning report of Luminus Energy filed on October 16, 2020 (the “Original Luminus Report”). Accordingly, pursuant to NI 62-103, Luminus Energy, of Rocktwist House, Block 1, Western Business Park, Shannon, Co. Clare V14 FW97, Ireland, reconfirms its early warning disclosure in the Company’s press release dated October 16, 2020 as follows (with capitalized terms below having the same meaning given to them in such press release): Luminus Energy acquired an aggregate of 2,601,167 Common Shares from the treasury of the Company pursuant to the Company’s recapitalization and financing transaction (the “Restructuring Transaction”) implemented as a plan of compromise and arrangement under the Companies’ Creditors Arrangement Act (Canada) and the Canada Business Corporations Act on October 16, 2020, representing approximately 42.7% of the issued and outstanding Common Shares (on an undiluted basis). Immediately prior to implementation of the Restructuring Transaction, Luminus Energy owned nil Common Shares and 33,204,500 warrants to purchase common shares (“Existing Warrants”), and indirectly owned 14,065,138 (57%) common shares (“Existing Shares”) of the Company through its indirect subsidiary, Luminus Delphi Holdings II Ltd. Upon implementation of the Restructuring Transaction, all 14,065,138 Existing Shares indirectly owned by Luminus Energy and all 33,204,500 Existing Warrants owned by Luminus Energy were cancelled for no consideration and without any return of capital. Luminus Energy acquired the Common Shares for investment purposes. Luminus Energy may acquire or dispose of additional securities of the Company in the future through the market, privately, or otherwise, as circumstances or market conditions warrant. A copy of the Early Warning Report reflecting the amendment to section 6 of the Original Luminus Report can be obtained on the Company’s SEDAR profile at www.sedar.com or from Luminus Energy c/o 1700 Broadway, 26th Floor, New York, NY, 10019 or phone: Shawn Singh at (212) 424-2889 or e-mail firstname.lastname@example.org.KRC: The exercise of the Warrants and the amendment and restatement of the Investor Agreement described above reflects a material change to the disclosure related thereto in the early warning report of KRC filed on October 16, 2020 (the “Original KRC Report”). KRC, of 250 – 2 Street S.W., Suite 1900, Calgary, Alberta, T2P 0C1, initially acquired 1,522,181 Common Shares (the “Initial Acquired Common Shares”) from the treasury of the Company, representing 25% of the issued and outstanding Common Shares (on a non-diluted basis) as of the date of issuance, together with 3,348,799 Warrants, which Warrants are collectively exercisable into such number of Common Shares as will result in KRC holding 50%+1 of the Common Shares (on a fully diluted basis excluding any Common Shares issuable upon the exercise of any Options) as of the date of issuance (being 4,870,980 Common Shares assuming 9,741,959 issued and outstanding Common Shares (on a fully diluted basis excluding any Common Shares issuable upon the exercise of any Options) and 304,436 Options outstanding at such time) upon satisfaction of certain conditions in the future and payment of an aggregate exercise price of $37,500,000, equal to $11.20 per Common Share (subject to certain adjustments in accordance with the terms of the Warrants) pursuant to the Restructuring Transaction. If any Options are exercised after the initial exercise date of the Warrants, the number of Warrants will be deemed increased on a 1:1 basis by the number of Options so exercised and the Warrants deemed issued shall also be exercisable for Common Shares at an exercise price of $11.20. The Initial Acquired Common Shares and Warrants were acquired for an aggregate purchase price of $22,916,670. On January 15, 2021, KRC exercised the Warrants and pursuant thereto acquired 3,348,799 Common Shares (the “Additional Acquired Common Shares”) for an aggregate exercise price of $37,500,000 (prior to a working capital adjustment of $2,500,000 paid by KRC to the Company) amounting to $11.20 per Additional Acquired Common Share. Prior to the completion of the Restructuring Transaction, KRC did not own any securities of the Company. Immediately prior to the acquisition of the Additional Acquired Common Shares, KRC owned 1,522,181 Common Shares representing 25% of the issued and outstanding Common Shares (on a non-diluted basis). Upon acquiring the Additional Acquired Common Shares, KRC owns 4,870,980 Common Shares representing 51.61% of the issued and outstanding Common Shares (on a non-diluted basis or 50% +1 on a fully diluted basis excluding Common Shares issuable upon exercise of the Options). The acquisition of the Initial Acquired Common Shares and the Warrants by KRC pursuant to the Restructuring Transaction and the acquisition of the Additional Acquired Common Shares pursuant to the exercise of the Warrants were each made for investment purposes. KRC has a long-term view of the investments and subject to applicable law, KRC may from time to time acquire additional securities of the Company or redeem, convert, exercise or otherwise dispose of the Initial Acquired Common Shares or the Additional Acquired Common Shares, in each case, including (without limitation) on the open market or through private dispositions in the future depending on market conditions, the terms of any such securities, reformulation of plans and/or other relevant factors. KRC is an oil and gas company organized under the laws of the Province of Alberta with its head office located at: Suite 1900, 250 – 2nd Street SW, Calgary, Alberta T2P 0C1. A copy of the Early Warning Report reflecting the noted amendments to the Original KRC Report with additional information in respect of the foregoing matters will be filed and made available on the Company’s SEDAR profile at www.sedar.com. To obtain a copy of such Early Warning Report, you may also contact Jakub Brogowski, Chief Financial Officer of KRC at (587) 392-4416. About Distinction Energy Corp. Distinction Energy Corp. is an industry-leading producer of liquids-rich natural gas. The Company has achieved top decile results through the development of our high quality Montney property, uniquely positioned in the Deep Basin of Bigstone, in northwest Alberta. Distinction continues to outperform key industry players by improving operational efficiencies and growing our dominant Bigstone land position in this world-class play. Distinction is headquartered in Calgary, Alberta. FOR FURTHER INFORMATION PLEASE CONTACT: DISTINCTION ENERGY CORP.2300 - 333 – 7th Avenue S.W.Calgary, AlbertaT2P 2Z1Telephone: (403) 265-6171 Facsimile: (403) 265-6207Email: email@example.com Website: www.delphienergy.ca TIMOTHY SCHNEIDERPresident, CEO & Chairman