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Raptors, Nick Nurse made effort to argue less with officials vs. Wizards
Toronto Raptors head coach Nick Nurse along with his team felt a change was needed in how they dealt with officiating.
Toronto Raptors head coach Nick Nurse along with his team felt a change was needed in how they dealt with officiating.
OTTAWA — The Trudeau government is pressing ahead with efforts to counter economic-based threats to national security, such as theft of valuable intellectual property and damage to critical energy and information networks. In its newly published plan for the coming year, Public Safety Canada says it will lead the development of a comprehensive framework across the government to deal with the broad range of risks to Canada's economic well-being. The move comes as security agencies warn Canadians of the rising danger of hostile nations pilfering trade secrets and cybercriminals demanding ransom for sensitive files. The government says in a few short years, the threat landscape — once dominated by the scourge of international terrorism — has evolved dramatically as potential adversaries develop new and aggressive tactics made possible by the rapid spread of technology. Canada has already taken steps during the economic uncertainty of the COVID-19 pandemic to more strictly scrutinize foreign investments. Public Safety says it will continue to work with partners on assessing foreign investments under the national-security provisions of the Investment Canada Act and generally raise awareness about economic-based security threats. It is important for the government to turn its attention to a strategic understanding of what constitutes threats to Canada's economic security and what can be done to defend against them, said Wesley Wark, an adjunct professor at the University of Ottawa and a senior fellow with the Centre for International Governance Innovation. "This will require a greater investment in economic intelligence-gathering and economic threat assessments, which currently have no central focus or high priority within the Canadian security-and-intelligence community," Wark said. "It is yet another adjustment we will need to make in a post-terrorism-centred national security world." The Public Safety plan singles out ransomware, the malicious use of software to penetrate a computer system and hold data hostage, as "an increasingly common and indiscriminate threat." While it notes some measures underway, the plan says addressing ransomware at the national level will require federal-provincial and private-public co-operation. Public Safety also proposes: — Supporting development of a new framework for protection of Canada's critical cybersystems in the finance, telecommunications, energy and transportation sectors; — Creation of a "forward-looking picture" of risk and capabilities through a national risk profile, intended to help ensure resilience to disasters such as floods, wildfires and earthquakes; — Development, with other departments and agencies, of a federal risk assessment strategy to promote better co-ordination across government. The risk profile is an important but slow-rolling project first launched years ago, Wark said. "It should have been produced before COVID-19 and if it had, it might have helped raise general government awareness of pandemic threats." COVID-19 has also illustrated the need for a proper whole-of-government risk assessment strategy, he said. Wark recommends going further by reviewing the overall mandate of Public Safety, created in 2003 "when a very different threat environment prevailed." He suggests carving the department into three entities, one to deal with emergency management, one to address national security and another for public safety issues such as human security and policing. This report by The Canadian Press was first published March 1, 2021. Jim Bronskill, The Canadian Press
GALVESTON, Texas, March 01, 2021 (GLOBE NEWSWIRE) -- American National Group, Inc. (NASDAQ: ANAT) (formerly American National Insurance Company)(1) and subsidiaries (collectively, the “Company”) announced net income for the fourth quarter of 2020 of $306.4 million or $11.40 per diluted share, compared to $171.1 million or $6.37 per diluted share for the same period in 2019. The increase in net income for the fourth quarter of 2020 was primarily attributable to an increase of $77.0 million or $2.86 per diluted share in after-tax net gains on equity securities, an increase of $20.2 million or $0.75 per diluted share in after-tax net realized investment earnings, and an increase of $20.4 million or $0.75 per diluted share in after-tax earnings from our property and casualty business. After-tax net gains on equity securities increased due to more favorable equity market conditions to $188.0 million or $6.99 per diluted share in the fourth quarter of 2020 compared to $111.0 million or $4.13 per diluted share for the same period in 2019. In addition, after-tax net realized investment earnings for the fourth quarter of 2020 were $25.7 million or $0.96 per diluted share, compared to $5.5 million or $0.21 per diluted share during the same period in 2019. Net income for the twelve months ended December 31, 2020 was $467.5 million or $17.39 per diluted share, down from net income of $620.4 million or $23.07 per diluted share for the same period in 2019. The reduction in net income was primarily related to a $116.7 million or $4.34 per diluted share reduction in after-tax net realized investment gains and a $52.3 million or $1.94 per diluted share reduction in after-tax net gains on equity securities. After-tax net realized investment losses increased during 2020 due to an expense of $82.8 million or $3.08 per diluted share for changes in estimated credit losses. The expense related to estimated credit losses primarily relates to certain of our mortgage loans which were negatively impacted by the economic downturn related to COVID-19 and is in accordance with our adoption of accounting guidance(2) which impacted 2020 but was not applicable in 2019. In addition, after-tax net realized investment gains were reduced due to fewer sales and lower gains on sales of real estate development entities in 2020 compared to 2019. The reduction in the net gain on equity securities was primarily driven by the first quarter downturn in financial markets resulting from the impacts of COVID-19. After-tax adjusted net operating income for the fourth quarter of 2020 was $92.7 million or $3.45 per diluted share compared to $54.6 million or $2.03 per diluted share for the same period in 2019. The increase was mostly driven by an improvement in our property and casualty segment operating earnings. After-tax adjusted net operating income for the twelve months ended December 31, 2020 was $208.0 million or $7.74 per diluted share compared to $191.9 million or $7.14 per diluted share for the same period in 2019. Increased earnings from our property and casualty business were partially offset by reductions in investment income and lower earnings from our life business due to unfavorable mortality experience. For the twelve months ended December 31, 2020, total life insurance in force increased by $10.1 billion to $128.2 billion, and book value per share increased $17.46 to $240.20. (1)Effective July 1, 2020, American National Group, Inc. was established as the parent company of American National Insurance Company under a previously announced holding company reorganization. As a result of the reorganization, American National Group, Inc. replaced American National Insurance Company as the publicly held corporation. (2)Effective January 1, 2020, the Company adopted ASU 2016-13, Financial Instruments-Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. A reconciliation of adjusted net operating income, a non-GAAP measure, to GAAP net income is included in the following table. American National Consolidated Financial Highlights(Preliminary & Unaudited in millions, except per share data) Quarters Ended December 31, Years Ended December 31, 2020 2019 2020 2019Net income (GAAP basis)$306.4 $171.1 $467.5 $620.4Adjustments to eliminate the impact of: Unrealized gains on equity securities$182.3 $92.6 $276.5 $296.6Net gains on equity securities sold5.7 18.4 5.0 37.2Net gains on equity securities$188.0 $111.0 $281.5 $333.8 Adjustments to eliminate the impact of: Net realized investment gains$8.1 $4.6 $28.2 $24.3Change in estimated credit loss (2)(0.6) — (82.8) —Equity in earnings of unconsolidated affiliates18.5 0.9 33.6 81.8Net income attributable to noncontrolling interest0.3 — 1.0 11.4Net realized investment earnings (losses)$25.7 $5.5 $(22.0) $94.7 Adjusted net operating income(3) (non-GAAP basis)*$92.7 $54.6 $208.0 $191.9 Per diluted share Net income (GAAP basis)$11.40 $6.37 $17.39 $23.07Net gains on equity securities6.99 4.13 10.47 12.41Net realized investment earnings (losses)0.96 0.21 (0.82) 3.52Adjusted net operating income(3) (non-GAAP basis)*$3.45 $2.03 $7.74 $7.14 Weighted average number of diluted shares upon which computations are based26,884,903 26,890,369 26,887,125 26,891,243 As of December 31, 2020 December 31, 2019 Book value per diluted share $240.20 $222.74 *This measure is non-GAAP because it is not based on accounting principles generally accepted in the United States. This non-GAAP measure is used by the Company to enhance comparability between periods and to eliminate the impact of certain items listed in footnote 3, which can fluctuate in a manner unrelated to core operations due to factors such as market volatility, interest rate changes and credit risk. In the opinion of the Company’s management, inclusion of this non-GAAP measure is meaningful to provide an understanding of the significant factors that comprise the Company’s periodic results of operations and financial condition. (2)Effective January 1, 2020, the Company adopted a new accounting standard that significantly changed how it estimates credit losses for most of our investments, reinsurance recoverables and certain other assets. Upon adoption, a cumulative effect adjustment was made reducing stockholders' equity by $33.5 million or $1.25 per diluted share. Beginning in the first quarter of 2020, changes in the estimate of these expected credit losses are recognized through income. The total change in credit loss for the twelve months ended December 31, 2020 reduced net income by $82.8 million or $3.08 per diluted share. The new guidance was effective January 1, 2020 and had no impact on 2019. (3)Adjusted net operating income excludes the after-tax impact of net gains (losses), both realized and unrealized, on equity securities and net realized investment earnings. Realized investment earnings (losses) are comprised of realized investment gains on assets (excluding equity securities), changes in estimated credit loss, and earnings (losses) from our equity in unconsolidated affiliates and non-controlling interests. American National is a family of companies that has, on a consolidated GAAP basis, $29.5 billion in assets, $23.0 billion in liabilities and $6.5 billion in stockholders’ equity. American National Insurance Company, founded in 1905 and headquartered in Galveston, Texas, and other American National subsidiaries offer a broad portfolio of products and services, which include life insurance, annuities, property and casualty insurance, health insurance, credit insurance, and pension products. The American National companies operate in all 50 states. In addition to American National Insurance Company, major subsidiaries include American National Life Insurance Company of Texas, American National Life Insurance Company of New York, American National Property and Casualty Company, Garden State Life Insurance Company, Standard Life and Accident Insurance Company, Farm Family Casualty Insurance Company and United Farm Family Insurance Company. American National Insurance Company has been assigned an ‘A’ rating by A.M. Best Company and an ‘Excellent’ rating by Standard & Poor’s, both of which are nationally recognized rating agencies, and is licensed to conduct the business of insurance in all states except New York. For more information, including company news and investor relations information, visit the company’s web site at www.AmericanNational.com. CONTACT: Contact: Timothy A. Walsh (409) 766-6553
HOUSTON, March 01, 2021 (GLOBE NEWSWIRE) -- Apache Corporation (Apache) and APA Corporation (Nasdaq: APA) (APA or the Company) today announced completion of the previously announced holding company structure, making APA the parent holding company of Apache. APA replaces Apache as the public company trading on the Nasdaq stock market under the ticker symbol “APA.” Each share of Apache common stock outstanding immediately prior to the reorganization has automatically converted, on a one-for-one basis, into a share of common stock of APA, having the same designation, rights, powers, and preferences and qualifications, limitations, and restrictions as a share of Apache common stock immediately prior to the reorganization. Accordingly, Apache stockholders automatically became stockholders of APA with the same number and ownership percentage of shares as they held in Apache immediately prior to the reorganization. Apache now operates as a wholly-owned subsidiary of APA. The Board of Directors and the executive officers of Apache immediately prior to the reorganization continue in their same roles at APA. The holding company reorganization, which is intended to be a tax-free transaction for U.S. federal income tax purposes for the Company’s stockholders, will modernize the Company’s operating and legal structure, provide financial and administrative flexibility, and more closely align the Company’s legal structure with its growing international presence. In connection with the reorganization, APA also acquired the Suriname and Dominican Republic subsidiaries from Apache. Apache continues to hold existing assets in the U.S., subsidiaries in Egypt and the U.K., and its current economic interests in Altus Midstream Company (Nasdaq: ALTM) and Altus Midstream LP. APA’s common stock will begin trading at the opening of trading on March 2, 2021, under the new CUSIP number 03743Q108. About APA APA Corporation, through its consolidated subsidiaries, explores for and produces oil and gas with operations in the United States, Egypt and the United Kingdom and exploration activities offshore Suriname. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com. Specific information concerning Suriname, ESG performance and other investor-related topics are posted at investor.apacorp.com. About Apache Apache Corporation, a direct, wholly-owned subsidiary of APA Corporation, is an oil and gas exploration and production company with operations in the United States, Egypt and the United Kingdom. Apache holds a majority interest in Altus Midstream Company, which, through its consolidated subsidiaries, operates gathering, processing and transmission assets in West Texas and holds equity ownership in four Permian-to-Gulf Coast pipelines. Forward-looking statements This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “believes,” “continues,” “could,” “estimates,” “expects,” “guidance,” “may,” “might,” “outlook,” “possibly,” “potential,” “projects,” “prospects,” “should,” “will,” “would,” and similar references to future periods, but the absence of these words does not mean that a statement is not forward-looking. These statements include, but are not limited to, statements about future plans, expectations, and objectives for APA’s and/or Apache’s operations, including statements about our capital plans, drilling plans, production expectations, asset sales, and monetizations. While forward-looking statements are based on assumptions and analyses made by us that we believe to be reasonable under the circumstances, whether actual results and developments will meet our expectations and predictions depend on a number of risks and uncertainties which could cause our actual results, performance, and financial condition to differ materially from our expectations. See “Risk Factors” in Apache’s Form 10-K for the year ended December 31, 2020, filed with the Securities and Exchange Commission on February 25, 2021, for a discussion of risk factors that affect our business. Any forward-looking statement made by APA and/or Apache in this news release speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. APA and Apache undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future development or otherwise, except as may be required by law. Contacts Investor: (281) 302-2286 Gary ClarkMedia:(713) 296-7276Phil West Website:www.apacorp.com APA-G
The Binding of Isaac: Repentance will make its way to Nintendo Switch, PlayStation 4 and PlayStation 5 in the third quarter of 2021
The latest news on COVID-19 developments in Canada (all times eastern): 4:45 p.m. The only Nunavut community with cases of COVID-19 has extended its state of emergency until March 9. The community of Arviat declared a state of emergency Feb. 24 after COVID-19 cases continued to rise. The orders include a nightly curfew between 10 p.m. and 6 a.m. Arviat Mayor Joe Savikataaq Jr. says bylaw officers continue to patrol the streets 24 hours a day and four additional officers have been hired to enforce the curfew. The state of emergency was set to expire March 2. There are eight cases of COVID-19 in Arviat. --- 4:05 p.m. Officials say there are 154 new cases of COVID-19 in Saskatchewan. There are 151 people in hospital, with 21 people in intensive care. The Ministry of Health says to date, around 79,200 vaccinations have been done. --- 1:55 p.m. British Columbia will extend the time between first and second doses of COVID-19 vaccine to four months, freeing up more supply to target younger age groups earlier. Provincial health officer Dr. Bonnie Henry says the first dose of the Pfizer-BioNTech and Moderna vaccines has been shown to provide “miraculous” protection of 90 per cent. Starting next Monday, seniors aged 90 and up can call to book their appointment for a vaccine, followed a week later by those aged 85 and over, and a week after that by those 80 and over. Henry says first responders and essential workers may be eligible to get vaccinated starting in April as the province also decides on a strategy for the newly authorized AstraZeneca vaccine. --- 1:55 p.m. Manitoba is releasing new data that shows COVID-19 infections have disproportionately impacted Indigenous and Black people, as well as other people of colour in the province. Dr. Brent Roussin, chief provincial public health officer, says it’s largely linked to pre-existing inequities like housing and employment. There was one more death and 35 more cases of the novel coronavirus Monday. Manitoba vaccines became available for the general population last week depending on age. Roussin says the age has now expanded for people born in 1930 and earlier and First Nations people born in 1950 and earlier. --- 1:40 p.m. New Brunswick is reporting one new case of COVID-19 today. Health officials say the case involves a person in their 30s in the Miramichi region. There are 36 active reported cases in the province and two people are hospitalized with the disease, both in intensive care. The number of confirmed cases in New Brunswick since the onset of the pandemic is 1,431 and there have been 27 deaths. --- 12:50 p.m. York Region says it registered 20,000 COVID-19 vaccine appointments within two hours of opening its booking system to the public today. It’s one of several Ontario regions offering shots to residents aged 80 and older, weeks ahead of the scheduled start of the larger, provincewide campaign for that age group. Hamilton is warning of long wait times on its phone lines as clinics for residents 85 and older begin. Wellington-Dufferin-Guelph is encouraging eligible people to book vaccine appointments online as its phone line is at capacity. --- 12:45 p.m. Newfoundland and Labrador is reporting two new cases of COVID-19 today. Health officials say both cases are close contacts of previously reported infections and involve people under 20 years old. Chief medical officer of health Dr. Janice Fitzgerald says both cases are in the eastern health region, where officials have been battling an outbreak in St. John’s. The Avalon region, which includes the capital, remains under lockdown, while the rest of the province has moved to the less restrictive alert level four. --- 12:40 p.m. Nova Scotia is reporting one new case of COVID-19 today. Health officials say the new case is in the Halifax area and involves a close contact of a previously reported infection. Officials say two people are in hospital with the disease and both are in intensive care. Nova Scotia has 35 active reported infections. As of Sunday, the province had administered 32,856 doses of COVID-19 vaccine, with 12,845 people having received a booster shot. --- 12:15 p.m. Nunavut is reporting one new case of COVID-19 today. The new case is in the western Hudson Bay community of Arviat, the only place in Nunavut with active known COVID-19 cases. Chief public health officer Dr. Michael Patterson says Arviat is on the right track to contain the spread. Arviat has been under a strict lockdown since November, with all schools and non-essential businesses closed. There are eight active reported cases of COVID-19 in Nunavut, all in Arviat. --- 11:15 a.m. Quebec is reporting 613 new cases of COVID-19 today and six more deaths attributed to the novel coronavirus, including one within the past 24 hours. Health officials say hospitalizations rose by 11, to 612, while the number of people in intensive care rose by five, to 122. Officials say 6,308 doses of vaccine were administered Sunday, for a total of 438,815. Quebec has reported a total of 288,353 COVID-19 infections and 10,399 deaths linked to the virus. --- 10:40 a.m. Ontario is reporting 1,023 new cases of COVID-19 today and six more deaths attributed to the novel coronavirus. Health Minister Christine Elliott says of the new cases, 280 are in Toronto, 182 are in Peel Region and 72 are in Ottawa. Ontario says 939 more cases were resolved since the last daily report. More than 17,000 doses of a COVID-19 vaccine were administered in the province since Sunday's update. This report by The Canadian Press was first published March 1, 2021. The Canadian Press
"It has a beautiful love story," the entrepreneur said of her emerald cut ring
Other political leaders have publicized their vaccinations as a way to promote trust in the science.
Newegg unveils its list of 2021 Eggie Award honorees
MIAMI — At 25, Sandy Alcantara says he's old enough to be the Miami Marlins' ace. The Marlins agree. Alcantara has pitched less than 300 innings and has a career record of 11-19, but Miami is counting on him to lead a parade of talented young starting pitchers who are considered the team's strength. “That’s what the Marlins are looking for from me, and that's what I want,” said the Dominican right-hander, who pitched two scoreless innings against the Mets in his first spring training start Monday. “There are a lot of young guys behind me. I have to show them they can be like me. “It doesn’t matter how young I am. I have experience. I've been in the big leagues for four years now.” On Miami's staff, that's a lot. The other right-handers expected to help make up the rotation include Pablo López, Elieser Hernández and Sixto Sánchez. Four pitchers are contending for the last spot — left-hander Trevor Rogers and Daniel Castano, and right-handers Nick Neidert and Braxton Garrett. Among the eight pitchers, Castano is the oldest at 26, and their combined career record is 36-54. Even so, the Marlins believe starting pitching can lead them back to the playoffs after they made a surprising run last year to their first post-season berth since 2003. “We hang our hat on pitching,” manager Don Mattingly said. “We feel like that is going to be our thing. Every time we put a starter out there, you feel like you’ve got a guy who can keep you in the game.” Relying on young pitching is nothing new for the Marlins, due to their perennially small payrolls. But the depth of 25-and-under talent might be the franchise's best since 2002, when the rotation included Josh Beckett, Brad Penny, A.J. Burnett and Ryan Dempster. A year later, the Marlins won the World Series. “We have arms that are able to shut any lineup down,” López said. “Electric arms. It’s a very exciting rotation.” The Marlins have stockpiled the young pitchers as a foundation for CEO Derek Jeter's rebuilding project, now entering Season 4. One of Jeter's first moves was to acquire Alcantara in the 2017 trade that sent outfielder Marcell Ozuna to the Cardinals. The 6-foot-5 Alcantara made his first major league start the following year. In 2019 he became an All-Star and pitched two shutouts, most in the majors. Alcantara was sidelined early last season by the Marlins' COVID-19 outbreak, but returned and finish with a 3.00 ERA in seven starts, and then beat the Cubs in his playoff debut. “You see the wannabe, which is huge,” Mattingly said. “His stuff can be as good as anybody's, and he wants to be great.” Even so, the starter who created the most buzz last year was Sánchez, acquired in the trade two years ago that sent catcher J.T. Realmuto to the Philadelphia Phillies. The highly touted 22-year-old performed so well he was able to trade in uniform number 73 for 45, the number worn by his hero and fellow Dominican, Pedro Martínez. “It means a lot,” Sánchez said in Spanish. “I used to watch Pedro pitch. I want to accomplish many things he did.” He's off to a good start. Called up in August, Sánchez went 3-2 with a 3.46 ERA in seven starts, and he pitched five shutout innings against the Cubs in the playoffs. “Sixto came as advertised,” Mattingly said. “There really wasn’t anything not to like.” Perhaps Miami's most promising pitching prospect is another 22-year-old, right-hander Edward Cabrera. He was expected to contend for a rotation spot but is sidelined indefinitely with an inflamed nerve in his right biceps. That still leaves plenty of pitching depth in camp. "We have a lot of young guys,” Alcantara said. “And when they get opportunity, they’re going to be good.” ___ More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports ___ Follow Steven Wine on Twitter: https://twitter.com/Steve_Wine Steven Wine, The Associated Press
Consuming at least two fruits and three vegetables a day is likely to lower one's risk of early death from all causes by 13 percent, according to researchers
The “Mauritanian” actor thanked the Green Bay Packers quarterback in her acceptance speech, and fans had a lot of questions once again.
Royal Caribbean's new ship, Odyssey of the Seas is set to debut with departures from Israel with all passengers and crew over 16 vaccinated.
The Massachusetts financial professional who gained notoriety as GameStop bull "Roaring Kitty" is no longer a broker registered with the Financial Industry Regulatory Authority, according to the organization's online records. Keith Gill, known as Roaring Kitty on YouTube and DeepF***ingValue on Reddit, is no longer a registered financial broker as of Feb. 26, the FINRA records show. Gill became a central figure in a January trading frenzy in which shares of the ailing videogame retailer surged more than 1,000% in two weeks, driven by interest among retail investors in online forums.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, March 01, 2021 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSXV: CVX) ("CEMATRIX" or the "Company") announced today that it has filed a preliminary short form prospectus with the securities regulatory authorities in the provinces of Ontario, Manitoba, Alberta, Saskatchewan and British Columbia, in connection with a marketed public offering (the "Offering") of units (the "Units") of the Company at a price of $0.65 per Unit for gross proceeds of a minimum of $5,000,000 and up to a maximum of $10,000,000. The Offering is being conducted on a commercially reasonable agency basis by a syndicate of agents led by Gravitas Securities Inc. and Clarus Securities Inc., as co-lead agents and bookrunners, on behalf of a syndicate of agents (collectively, the "Agents"). Each Unit will consist of one common share of the Company (each a "Common Share") and one-half of one common share purchase warrant (each full warrant, a "Warrant"). Each Warrant will be exercisable for one Common Share at a price of $0.81, for a period of 24 months following closing of the Offering. The Company has granted the Agents an option (the "Over-Allotment Option"), exercisable in whole or in part at the sole discretion of the Agents, at any time for a period of 30 days from and including the closing of the Offering, to purchase from the Company up to an additional 15% of the Units sold under the Offering, on the same terms and conditions of the Offering to cover over-allotments, if any, and for market stabilization purposes. The closing of the Offering is anticipated to occur on March 15, 2021 or such other date as the Company and the Agents may agree. Closing of the Offering is subject to customary closing conditions, including, but not limited to, the execution of an agency agreement and the receipt of all necessary regulatory approvals, including the approval of the securities regulatory authorities and the TSX Venture Exchange. The net proceeds from the Offering will be used to fund future acquisitions, new equipment and personnel to support regional expansion, and general working capital including repayment of debt. The Units to be issued under the Offering will be offered by way of short form prospectus (the "Prospectus") in each of Ontario, Manitoba, Alberta, Saskatchewan and British Columbia and such other jurisdictions as the Company and the Agents may agree to, pursuant to National Instrument 44-101 – Short Form Prospectus Distributions. A copy of the preliminary short form prospectus is available under the Company's profile at www.sedar.com or by request to Gravitas Securities Inc. at syndication@gravitassecurities.com or Clarus Securities Inc. at nmonjes@clarussecurities.com . The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. ABOUT CEMATRIX CEMATRIX is a rapidly growing, cash flow positive company that manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. This unique cement-based material with superior thermal protection delivers cost-effective, innovative solutions to a broad range of problems facing the infrastructure, industrial (including oil and gas) and commercial markets. Through recent acquisitions of Chicago based MixOnSite and Bellingham based Pacific International Grout, CEMATRIX is now North America’s largest Cellular Concrete company. For more information please visit our website at www.cematrix.com. CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS This news release contains forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects", "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "will be taken", "occur" or "be achieved". The forward-looking statements contained in this news release are based on certain key expectations and assumptions made by the Company, including expectations and assumptions regarding the terms, timing and potential completion of the Offering, the filing and receipt of the Company's final short form prospectus, satisfaction of regulatory requirements in various jurisdictions and the Company’s anticipated use of the net proceeds of the Offering. Forward looking statements involve risks, uncertainties and other factors disclosed under the heading "Risk Factors" and elsewhere in the Company's filings with Canadian securities regulators, which could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For further information, please contact: Jeff Kendrick - President and Chief Executive Officer Phone: (403) 219-0484 Glen Akselrod – President, Bristol Capital Phone: (905) 326 1888 ext 1 glen@bristolir.com Jeff Walker, The Howard Group – Investor Relations Phone: (888) 221-0915 or (403) 221-0915 jeff@howardgroupinc.com
(CBC - image credit) Counting mail-in ballots for Newfoundland and Labrador's election could take up to a month, according to Elections NL, as the agency gears up to receive potentially tens of thousands of envelopes to open, sort and tally. That means results might not be revealed until April, confirmed chief electoral officer Bruce Chaulk on Monday afternoon, although he expressed optimism that the team will finish processing the votes sooner than that. "That's what I've estimated, that it would be three weeks," said Chaulk. Depending on how many votes come back and when, the process could take up to 30 days, he added. Although some voting kits have not yet been mailed out, Chaulk told CBC News he's confident they'll be received by voters in time, and counting will likely begin prior to the March 12 deadline for ballots to be postmarked, he added. Sixteen people are enlisted to count the votes, according to Chaulk, and will likely work regular hours, seven days a week, to prevent fatigue-related mistakes. Elections NL will have to count about 155,000 special ballots mailed or delivered directly to local agency offices. This figure includes some 120,000 special ballots requested since Feb. 12, when in-person voting was cancelled due to an outbreak of COVID-19. The 33,353 ballots cast in the advance poll on Feb. 6 will also need to be tallied, according to the agency, for about 188,000 possible votes. Mail-in system slower Chaulk said counting mail-in ballots is a two-part process. First, clerks identify the voter. "You have to strike that person off the list as their ballot having come back," he explained. Then the clerk opens the envelope and places the ballot into a ballot box, sorted by constituency. Once full, those boxes are opened and counted, he said. "That's actually a fairly quick process," he said, akin to how elections workers tally votes in a normal election. Because of the weeks-long count, Chaulk said, he has advised the parties they are entitled to a scrutineer to monitor the process. "They're concerned with what is an accepted ballot and what is a rejected ballot," he said of those overseers. "But they won't be seeing the counts themselves at each table," to prevent leaked information on who may be leading the pack, especially if counting begins before the deadline. Although the number of active COVID-19 cases continues to decline across the province, Chaulk confirmed the election would not return to in-person voting. Read more from CBC Newfoundland and Labrador
Where Ira Levin’s “The Stepford Wives” ends is where a truly fascinating domestic drama should begin. Have you never wondered if the misogynistic menfolk of Stepford, Conn., having finally realized their collective dream of flawless, submissive android wives with cleavage and housekeeping skills to die for, ever tire of the dull perfection they’ve designed? Life […]
EXCLUSIVE: Jessica Alexander has joined the cast of Disney’s live-action adaptation of The Little Mermaid. Halle Bailey will portray Ariel, a mermaid princess who dreams of being a human, while Melissa McCarthy is playing her evil aunt Ursula. Javier Bardem is on board to play King Triton. The Little Mermaid will be directed by Rob Marshall and […]
Youngstown State director of player personnel Tim Johnson issued an apology on Monday.
The Board of Trustees of The Gabelli Utility Trust (NYSE:GUT) (the "Fund") has approved a transferable rights offering which would allow the Fund’s record date common shareholders to acquire additional common shares (the "Offering"). The Offering will be made only by means of a prospectus, and this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, any of the Fund’s securities.