Grupo Aeroportuario del Pacífico Announces Credit Line Refinancing for USD$40.0 Million
Globenewswire· 2025-09-18 23:22
Group 1 - The company Grupo Aeroportuario del Pacífico (GAP) has refinanced a USD $40.0 million credit line with Banco Nacional de México for a five-year term, maturing on September 18, 2030 [1] - The interest on the new credit line will be paid monthly at a variable rate equivalent to SOFR plus 81 basis points, with no additional commissions [1] Group 2 - GAP operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana, as well as tourist destinations such as Puerto Vallarta and Los Cabos [2] - The company was listed on the New York Stock Exchange in February 2006 and acquired a majority stake in MBJ Airports Limited in April 2015 [2] - GAP entered into a concession agreement for the Norman Manley International Airport in Jamaica in October 2018 and took control of operations in October 2019 [2]
Lithium Chile Announces Upsized Life Offering of up to $6,500,000
Globenewswire· 2025-09-18 22:37
NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS. CALGARY, Alberta, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Lithium Chile Inc. ("Lithium Chile" or the "Company") is pleased to announce that due to strong market demand, the offering was oversubscribed and it has agreed with its agents, Canaccord Genuity Corp., as lead agent and sole bookrunner ("Canaccord Genuity"), and Moneta Securities Inc. (together ...
Prime Mining Receives FOR Recommendation from Leading Independent Proxy Advisory Firm Regarding Plan of Arrangement with Torex Gold; Securityholders are Reminded of Voting Deadline for Upcoming Special Meeting
Globenewswire· 2025-09-18 22:36
VANCOUVER, British Columbia, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Prime Mining Corp. (“Prime” or the “Company”) (TSX: PRYM) (OTCQX: PRMNF) (Frankfurt: O4V3) is pleased to announce that Glass Lewis, a leading independent proxy advisory firm has recommended that Prime Securityholders (as defined below) vote "FOR" the plan of arrangement (the "Arrangement") with Torex Gold Resources Inc. The Glass Lewis report stated: "Overall, we believe the transaction offers a compelling balance of immediate value and long-te ...
Cenovus releases presentation on MEG transaction highlighting superior value for shareholders
Globenewswire· 2025-09-18 22:27
Core Viewpoint - Cenovus Energy Inc. has announced a transaction with MEG Energy that is deemed to provide full and fair value to MEG shareholders, contrasting it with Strathcona Resources' inferior and high-risk offer [1][2]. Summary by Relevant Sections Transaction Details - The transaction with MEG Energy has been unanimously approved by MEG's board of directors, emphasizing its advantages over Strathcona's proposal [1]. - Cenovus offers an attractive price at a premium valuation, providing certainty of consideration value in cash and shares [5]. Strategic Advantages - Cenovus brings scale, industry-leading experience, tier-1 assets, and diversified revenues, which are expected to enhance growth and create unique synergies [5]. - MEG shareholders have the option to continue their investment journey with Cenovus by electing to receive share consideration or a combination of cash and shares [5]. Comparison with Competitors - Strathcona's offer is characterized as inferior, with its shares being illiquid and overvalued compared to peers [5]. - The proposal from Strathcona would lead to control by Waterous Energy Fund and other insiders, whose interests may not align with those of MEG shareholders [5]. Company Overview - Cenovus Energy Inc. operates in oil and natural gas production in Canada and the Asia Pacific, with refining and marketing operations in Canada and the U.S. [10]. - The company is committed to maximizing value through responsible and cost-efficient asset development, integrating environmental, social, and governance considerations into its business plans [10].
Madison Pacific Properties Inc. announces changes to its Board of Directors
Globenewswire· 2025-09-18 22:00
VANCOUVER, British Columbia, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces changes to its Board of Directors. After many years of dedicated service, Mark Elliott will be stepping down from the Board effective September 30, 2025. Mr. Elliott has contributed over twelve years of leadership and commitment to the Company throughout his tenure and also served as Chairman of the Audit Committee for 9 years. Ef ...
Fathom Holdings Announces Proposed Offering of Common Stock
Globenewswire· 2025-09-18 21:48
CARY, N.C., Sept. 18, 2025 (GLOBE NEWSWIRE) -- Fathom Holdings Inc. (Nasdaq: FTHM), a national, technology-driven real estate services platform, today announced a proposed primary offering of its common stock in an underwritten public offering. The Company also expects to grant to the underwriters of the offering a 45-day option to purchase up to an additional 15% of the shares of common stock offered in the underwritten public offering on the same terms and conditions. The offering is subject to market and ...
ServiceTitan to Empower HVAC Contractors with Acquisition of Conduit Tech
Globenewswire· 2025-09-18 21:30
LOS ANGELES, Sept. 18, 2025 (GLOBE NEWSWIRE) -- ServiceTitan (Nasdaq: TTAN), the software platform that powers the trades, today announced that it has entered into a definitive agreement to acquire Conduit Tech, an HVAC design and sales platform that leverages next-generation LiDAR technology, to build permit-ready load calculations and drive customer engagement. Through this acquisition, ServiceTitan will integrate Conduit’s sales proposal and enablement tools with its suite of AI automation products, empo ...
Algoma Steel Announces Upsizing of Asset-Based Revolving Credit Facility
Globenewswire· 2025-09-18 21:30
SAULT STE. MARIE, Ontario, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (“Algoma” or the “Company”) (NASDAQ: ASTL; TSX: ASTL), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has amended its Amended and Restated Credit Agreement (as amended, the “Credit Agreement”) to increase the aggregate commitments under its asset-based revolving credit facility (“ABL Facility”) from US$300 million to US$375 million. The incremental US$75 million i ...
Galata Acquisition Corp. II Announces the Pricing of $150,000,000 Initial Public Offering
Globenewswire· 2025-09-18 21:28
Group 1 - The Company, Galata Acquisition Corp. II, announced the pricing of its initial public offering (IPO) of 15,000,000 units at a price of $10.00 per unit, with trading set to begin on September 19, 2025, under the ticker symbol "LATAU" [1] - Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with the whole warrant allowing the purchase of one Class A ordinary share at a price of $11.50 per share [1] - The offering is expected to close on September 22, 2025, subject to customary closing conditions, and the underwriters have a 45-day option to purchase an additional 2,250,000 units [1] Group 2 - The Company is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, focusing on sectors such as energy, fintech, real estate, and technology [2] - The management team includes Daniel Freifeld (Chief Investment Officer and Chairman), Craig Perry (Chief Executive Officer), William Weir (President and Chief Operating Officer), and Powers Spencer (Chief Financial Officer) [3]
Nutanix Welcomes Greg Lavender to Board of Directors
Globenewswire· 2025-09-18 21:15
Core Insights - Nutanix has appointed Greg Lavender to its board of directors, effective September 17, 2025, bringing extensive technology experience to the company [1][3] - Lavender has over 40 years of experience in software, cloud, artificial intelligence, and enterprise infrastructure, previously serving as CTO at Intel and holding senior roles at VMware, Citigroup, Cisco Systems, and Sun Microsystems [3][4] - Lavender's expertise includes building open ecosystems, advancing confidential computing, and integrating hardware and software innovation for AI and cloud-native workloads [4] Company Overview - Nutanix is a leader in hybrid multicloud computing, providing a unified software platform for running applications and managing data across multiple clouds and locations [5][6] - The company serves over 29,000 customers globally, helping organizations simplify operations for both traditional and modern applications [6] - Nutanix aims to empower organizations in their digital transformation and to operate hybrid multicloud environments efficiently and cost-effectively [6]