Company under restructuring AUGA group, AB signs a binding preliminary share sale agreement for UAB “Baltic Champs”
Globenewswire· 2025-12-04 21:02
AUGA group, RAB, legal entity code 126264360 (hereinafter – the Company), implementing one of the four strategic actions set out in the Company’s restructuring plan, on 4 December 2025 signed a binding preliminary agreement with a Latvian-capital company Global Champs, UAB, legal entity code 307494558 owned by Mhitarjans family (hereinafter – the Buyer), for the sale of 100% of the shares (hereinafter – the Agreement) of UAB “Baltic Champs”, legal entity code 302942064 (hereinafter – Baltic Champs). As prov ...
Energy Income Fund Announces Annual Redemption Details
Globenewswire· 2025-12-04 21:01
TORONTO, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Energy Income Fund (TSX – ENI.UN) (the “Fund”) is pleased to announce that, with respect to the previously announced annual redemption of 281,167 units of the Fund, the redemption price per unit is $2.3119. The pro-rata redemption rate will be 35.38% (i.e., for every 1,000 units submitted by a unitholder for redemption, 354 units will be redeemed). Fund expects to pay the redemption proceeds to redeeming unitholders on or before December 18, 2025. For more informat ...
Citadel Income Fund Announces Annual Redemption Details
Globenewswire· 2025-12-04 21:01
TORONTO, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Citadel Income Fund (TSX – CTF.UN) (the “Fund”) is pleased to announce that, with respect to the previously announced annual redemption of 284,514 units of the Fund, the redemption price per unit is $3.8905. The pro-rata redemption rate will be 23.44% (i.e., for every 1,000 units submitted by a unitholder for redemption, 234 units will be redeemed). Fund expects to pay the redemption proceeds to redeeming unitholders on or before December 18, 2025. For more informa ...
Asia Pacific Wire & Cable Corporation Limited Announces Key Dates for Rights Offering
Globenewswire· 2025-12-04 21:00
Core Viewpoint - Asia Pacific Wire & Cable Corporation Limited (APWC) has announced a rights offering to raise equity capital, allowing existing shareholders to purchase additional common shares at a subscription price of $1.66 per share, with the aim of generating approximately $33.9 million for general working capital and corporate purposes [2][4][5]. Group 1: Rights Offering Details - The rights offering will distribute non-transferable subscription rights to shareholders as of December 11, 2025, at a ratio of one subscription right per common share [2]. - The subscription period is set to commence on December 18, 2025, and will terminate on January 23, 2026 [2]. - The offering includes a basic subscription right and an over-subscription right, allowing shareholders to purchase additional shares that remain unsubscribed [3]. Group 2: Purpose and Strategic Goals - The primary purpose of the rights offering is to raise equity capital in a cost-effective manner, providing all shareholders the opportunity to participate on a pro rata basis [4]. - The company aims to use the proceeds to support its plans to enter the North American market and invest in new products and technologies, enhancing its traditional wire and cable business [5]. Group 3: Company Overview - Asia Pacific Wire & Cable Corporation Limited is a holding company based in Bermuda, with operations primarily in the Asia Pacific region, focusing on the manufacture and distribution of enameled wire, power cable, and telecommunications products [8]. - The company serves a diverse customer base, including appliance component manufacturers, electrical contracting firms, and state-owned entities [8].
Alpine Banks of Colorado announces retirement of two directors
Globenewswire· 2025-12-04 20:36
Core Viewpoint - Alpine Banks of Colorado announced the planned retirement of board members Linda Childears and Steve Briggs, who will continue to serve until the 2026 annual meetings [1][5]. Group 1: Leadership Contributions - Steve Briggs has had a 45-year career at Alpine Bank, starting as a teller and eventually becoming president of multiple branches, including the Aspen branch [2][3]. - Linda Childears joined the board in July 2020, bringing extensive banking and nonprofit leadership experience, including roles at the Daniels Fund and Young Americans Bank [3][4]. Group 2: Community Involvement - Briggs has been actively involved in various community organizations, emphasizing the bank's commitment to serving the Roaring Fork Valley [3]. - Childears has served on numerous nonprofit boards in the Denver metro area, highlighting her dedication to community service [4]. Group 3: Future Leadership - The company is focused on identifying new leaders to join the boards of both the Company and Alpine Bank, ensuring alignment with their vision and values [5][6]. - Alpine Bank aims to maintain its commitment to Colorado communities through its leadership selection process [6]. Group 4: Company Overview - Alpine Banks of Colorado is an independent, employee-owned organization with $6.8 billion in assets, founded in 1973, and headquartered in Glenwood Springs, Colorado [6]. - The bank employs 890 people and serves 170,000 customers across various banking services, holding a five-star rating from BauerFinancial [6].
Rogers Charity Classic Raises Record-Breaking $26.6 Million for Alberta Children’s Charities
Globenewswire· 2025-12-04 20:30
CALGARY, Alberta, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Rogers Charity Classic announced today that this year’s event raised a record-breaking $26.6 million to support children’s charities across Alberta. This brings the total raised since the tournament’s inception to $164.3 million. “We are proud to make Alberta stronger by supporting children’s charities through the power of sport,” said Tony Staffieri, President and CEO, Rogers. “It’s a real privilege to help even more youth in our communities with another ...
Aimfinity Investment Corp. I Announces Extension of the Deadline for an Initial Business Combination
Globenewswire· 2025-12-04 20:30
Core Points - Aimfinity Investment Corp. I has extended the deadline for completing its initial business combination from November 28, 2025, to December 28, 2025, by depositing $500 into its trust account [1] - This extension is the second of nine monthly extensions allowed under the company's current charter, which permits extensions from October 28, 2025, until July 28, 2026 [2] - Aimfinity Investment Corp. I is a special purpose acquisition company (SPAC) focused on merging with high-growth potential businesses [3] Additional Information - On October 13, 2023, Aimfinity Investment Corp. I entered into a merger agreement with Docter, which involves a reincorporation merger and an acquisition merger [4] - Shareholders of Aimfinity Investment Corp. I are advised to read the proxy statement/prospectus and other documents related to the proposed business combination for important information [4][9]
Blue Gold Appoints Rob Simpson as Director of Risk and Digital Operations
Globenewswire· 2025-12-04 19:36
Core Insights - Blue Gold Limited has appointed Rob Simpson as Director of Risk and Digital Operations, bringing extensive experience in financial risk and payments infrastructure from his previous role at Bolt [1][2][3] - Simpson's leadership at Bolt contributed to the company's growth to an $11 billion valuation and the development of innovative risk and payments systems, positioning him well for Blue Gold's future [2][3] - The company aims to combine disciplined resource acquisition with innovative monetization models, including asset-backed digital instruments, to unlock value in the gold sector [4][5] Company Strategy - Blue Gold is focused on acquiring high-potential mining assets across strategic global jurisdictions, with a mission to redefine how gold is produced, accessed, and owned in the 21st century [4] - The appointment of Simpson is seen as a significant milestone, emphasizing the need for operational discipline and innovation as the company evolves into a next-generation resource and digital-asset company [3][4] - The company is committed to responsible development, operational transparency, and leveraging modern financial technologies to minimize its environmental footprint while creating shareholder value [5] Responsibilities of the New Director - Simpson will oversee the development of a comprehensive enterprise-wide risk framework and lead digital operations, including blockchain-based initiatives and tokenization strategies [7] - He will implement scalable governance and compliance structures across digital-asset operations and support the exploration of a gold-backed digital token [7]
Onex Partners Announces Completion of Strategic Investment in OneDigital by Stone Point Capital and CPP Investments
Globenewswire· 2025-12-04 19:15
Core Insights - Onex Partners announced a majority investment in OneDigital from Stone Point Capital and Canada Pension Plan Investment Board, with Onex remaining a significant minority owner [1][2] - The transaction values OneDigital at over US $7 billion, aimed at supporting its growth through organic expansion and strategic acquisitions [2] - Total proceeds from the transaction to Onex Partners V and Onex Corporation are approximately $1.1 billion and $235 million, respectively [3] Company Overview - OneDigital is an insurance brokerage and financial services firm that provides tech-enabled solutions for businesses and individuals, focusing on health, success, and financial security [7] - Founded in 2000 and headquartered in Atlanta, OneDigital serves over 100,000 employers and millions of individuals across the nation [7] Investment Firms - Stone Point Capital manages over $70 billion in assets and focuses on investments in the global financial services industry [8] - Canada Pension Plan Investment Board manages the Canada Pension Plan Fund, totaling C$777.5 billion as of September 30, 2025, and invests globally across various asset classes [9] Onex Partners - Onex Partners focuses on upper middle market buyout strategies, having invested over $21 billion across six funds and completed more than 570 add-on acquisitions [4]
Massey Ferguson Names Prescott Frontier Days 2025 Sowing Good Deeds Winner
Globenewswire· 2025-12-04 19:13
Core Points - AGCO Corporation, a leader in agricultural machinery, awarded the Prescott Frontier Days Rodeo Committee with a Massey Ferguson tractor as part of its annual Sowing Good Deeds™ contest [1][4] - The Prescott Frontier Days Rodeo Committee is recognized for its commitment to community service, impacting over 30 organizations in 2024 through donations and support [2][4] - The award highlights the importance of community involvement and resilience in rodeo committees, with Prescott being the ninth organization to receive this honor [4][5] Company Overview - AGCO Corporation, founded in 1990 and headquartered in Duluth, Georgia, reported net sales of approximately $11.7 billion in 2024 [6] - The company specializes in the design, manufacture, and distribution of agricultural machinery and precision ag technology, with a diverse brand portfolio including Massey Ferguson [6] Community Impact - Prescott Frontier Days Rodeo Committee's initiatives include youth development programs, veteran organizations, food banks, and local schools, showcasing their dedication to enriching rural life [2][3] - The committee also organizes events like the Heritage Parade and Cowboy Church, and runs educational programs to connect students with western heritage [3]