Unilever to Acquire SmartyPants Vitamins

Unilever to Acquire SmartyPants Vitamins

ENGLEWOOD CLIFFS, N.J.–(BUSINESS WIRE)–
Unilever announced today that it has signed an agreement to acquire SmartyPants Vitamins, a U.S.-based Vitamin, Mineral & Supplement company.

Based in Los Angeles, SmartyPants Vitamins was founded in 2011 by entrepreneurs Courtney Nichols Gould and Gordon Gould, who set out to create a comprehensive supplement made from premium ingredients to support the wellbeing needs of children and adults.

SmartyPants Vitamins has a simple yet powerful promise: to be smart, simple and true. SmartyPants works with non-GMO certified ingredients and a range of sustainably sourced bio-available nutrients. Their product range is free from synthetic colors, artificial flavors, sweeteners and preservatives.

Peter Ter Kulve, President of Health & Wellbeing at Unilever, said: “SmartyPants Vitamins complements Unilever’s portfolio of brands (Horlicks, OLLY, Equilibra and Liquid I.V) in the functional nutrition and supplement segment. We are excited to work with co-founders Courtney and Gordon and their team to grow their innovative and data driven business model.”

Rooted in the belief that good health should be made accessible to everybody, SmartyPants Vitamins has a long-standing partnership with non-profit organization, Vitamin Angels, to provide life-changing vitamins for mothers, expectant mothers, and children in need worldwide.

Fabian Garcia, President of Unilever North America, said: “We are delighted to welcome SmartyPants Vitamins to the Unilever family and our portfolio of purpose-led brands. SmartyPants Vitamins aligns strongly with our mission to improve the health and wellbeing of consumers and empower people to take charge of their health with solutions they can understand and trust.”

Courtney Nichols Gould & Gordon Gould, Co-founders and Co-CEO’s of SmartyPants Vitamins, said: “From the start, SmartyPants Vitamins has been about family, authenticity and a core commitment to our collective well-being. We are excited to work with Unilever to grow the SmartyPants brand.”

Terms of the deal were not disclosed. The acquisition is subject to regulatory approvals and customary closing conditions.

For more information on Unilever North America and its brands visit: www.unileverusa.com

About SmartyPants Vitamins

Since 2011, SmartyPants has led the supplement industry in designing and manufacturing comprehensive, multifunctional supplements in a variety of easy-to-take formats for the whole family. Scientifically-formulated, made with premium, responsibly-sourced ingredients and delightful to take, their products are made in North America are free of any synthetic colors, artificial flavors, artificial sweeteners, or preservatives, and are third-party lab tested. In partnership with Vitamin Angels, SmartyPants Vitamins has reached over 14 million mothers and children worldwide with nutrient grants, with a goal of reaching 100 million by 2025. SmartyPants Vitamins can be found in more than 30,000 stores across the country including the world’s leading specialty, club and online retailers including: Amazon, Costco, Target, Walmart, Whole Foods Market, Walgreens, and many more. For more information, please visit https://www.smartypantsvitamins.com/

About Unilever North America

Unilever is one of the world’s leading suppliers of Beauty & Personal Care, Home Care, and Foods & Refreshment products with sales in over 190 countries and reaching 2.5 billion consumers a day. In the United States and Canada, the portfolio includes brand icons such as: Axe, Ben & Jerry’s, Breyers, Degree, Dollar Shave Club, Dove, Hellmann’s, Klondike, Knorr, Lever 2000, Lipton, Love Beauty and Planet, Magnum, Nexxus, Noxzema, Pond’s, Popsicle, Pure Leaf, Q-tips, Seventh Generation, Simple, Sir Kensington’s, St. Ives, Suave, Talenti Gelato & Sorbetto, TAZO, TIGI, TRESemmé and Vaseline. All of the preceding brand names are trademarks or registered trademarks of the Unilever Group of Companies.

Unilever’s Sustainable Living Plan (USLP) underpins the company’s strategy and commits to:

• Helping more than a billion people take action to improve their health and well-being by 2020.

• Halving the environmental impact of our products by 2030.

• Enhancing the livelihoods of millions of people by 2020.

The USLP creates value by driving growth and trust, eliminating costs and reducing risks. The company’s sustainable living brands delivered 78% of total growth and 75% of turnover in 2019.

Since 2010 we have been taking action through the Unilever Sustainable Living Plan to help more than a billion people improve their health and well-being, halve our environmental footprint and enhance the livelihoods of millions of people as we grow our business. We have made significant progress and continue to expand our ambition – in 2019 committing to ensure 100% of our plastic packaging is fully reusable, recyclable or compostable by 2025. While there is still more to do, we are proud to have been recognised in 2019 as sector leader in the Dow Jones Sustainability Index and in 2020 – for the tenth-consecutive year – as the top ranked company in the GlobeScan/SustainAbility Sustainability Leaders survey.

Media Contact USA:

Steve Alessandrini

[email protected]

Media Contact Global:

Clare Cavana

[email protected]

Investor Relations

[email protected]

KEYWORDS: California New Jersey United States North America

INDUSTRY KEYWORDS: Other Retail Fitness & Nutrition Supermarket Convenience Store Home Goods Other Health General Health Pharmaceutical Health Retail

MEDIA:

Logo
Logo

Wayne Savings Bancshares, Inc. Announces Adoption of a 5% Stock Repurchase Program

WOOSTER, Ohio, Nov. 25, 2020 (GLOBE NEWSWIRE) — Wayne Savings Bancshares, Inc., (the “Company”) (OTCQX:WAYN), the holding company for Wayne Savings Community Bank, reported that its Board of Directors approved a new stock repurchase program. On November 24, 2020, the Board of Directors adopted a new 5% stock repurchase program authorizing the Company to repurchase up to an additional 124,685 shares.   The stock repurchase program may be limited or terminated at any time without prior notice. The previous stock repurchase program was completed during the third quarter of 2020.

President and CEO James R. VanSickle commented, “The Company continues to support improvement in shareholder value by introducing this new 5% stock repurchase program.  We remain committed to building value through strong earnings, cash dividends and stock repurchase programs.  We are grateful for the continued support we are receiving from both our customers and shareholders.”

Under the stock repurchase program, the Company may acquire shares of its common stock in the open market or in any private transaction, from time-to-time and in accordance with applicable laws, rules and regulations. The timing and extent to which the Company repurchases its shares will depend upon management’s assessment of market conditions and other corporate considerations as may be considered in the Company’s sole discretion.

At September 30, 2020, Wayne Savings Bancshares, Inc. reported total assets of $550.7 million, deposits of $451.6 million, and stockholders’ equity of $50.9 million, or 9.2% of total assets.

Established in 1899, Wayne Savings Community Bank, the wholly owned subsidiary of Wayne Savings Bancshares, Inc., has twelve full-service banking locations in the communities of Wooster, Ashland, Millersburg, Rittman, Lodi, North Canton, Creston, and Fredericksburg, Ohio.

Contact Information:
James R. VanSickle II
President and Chief Executive Officer
330-264-5767



IIROC Trade Resumption – NDM

Canada NewsWire

TORONTO, Nov. 25, 2020 /CNW/ – Trading resumes in:

Company: Northern Dynasty Minerals Ltd.

TSX Symbol: NDM

All Issues: No

Resumption (ET): 1:02:00 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Cleveland-Cliffs Receives Antitrust Clearance from US Department of Justice for the Acquisition of ArcelorMittal USA

Cleveland-Cliffs Receives Antitrust Clearance from US Department of Justice for the Acquisition of ArcelorMittal USA

CLEVELAND–(BUSINESS WIRE)–
Cleveland-Cliffs Inc. (NYSE: CLF) today announced that it has received from the Bureau of Competition of the Federal Trade Commission notice of early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for its proposed acquisition of substantially all of ArcelorMittal USA LLC and its subsidiaries (“ArcelorMittal USA”). This clearance represents the most significant milestone toward the completion of this transaction, and re-affirms the anticipated closing of the deal in December 2020.

Lourenco Goncalves, Chairman, President and Chief Executive Officer said, “We are pleased that the federal antitrust authorities have cleared our transaction ahead of schedule. With that, we have a clear path toward closing this transaction next month, as planned. We look forward to realizing the benefits of operating these assets under Cleveland-Cliffs, and are excited with the significant optimization potential that will come from the integration with our current footprint. As we will soon become the largest flat-rolled steel producer in North America, we pledge to take great care of our expanded workforce and to support manufacturing in our country, through the safe and environmentally friendly production of steel. More than ever, we are ready for a great future for Cleveland-Cliffs and our people.”

The completion of the transaction remains subject to other customary closing approvals and conditions, all of which the company expects to settle before the completion of the transaction.

About Cleveland-Cliffs Inc.

Founded in 1847, Cleveland-Cliffs is among the largest vertically integrated producers of differentiated iron ore and steel in North America. With an emphasis on non-commoditized products, the Company is uniquely positioned to supply both customized iron ore pellets and steel solutions to a quality-focused customer base. AK Steel, a wholly-owned subsidiary of Cleveland-Cliffs, is a leading producer of flat-rolled carbon, stainless and electrical steel products. The AK Tube and Precision Partners businesses provide customer solutions with carbon and stainless steel tubing products, die design and tooling, and hot- and cold-stamped components. In 2020, Cliffs also expects to be the sole producer of hot briquetted iron (HBI) in the Great Lakes region. Headquartered in Cleveland, Ohio, Cleveland-Cliffs employs approximately 11,000 people across mining and steel manufacturing operations in the United States and Canada. For more information, visit www.clevelandcliffs.com or www.aksteel.com.

Forward-Looking Statements

This release contains statements that constitute “forward-looking statements” within the meaning of the federal securities laws. As a general matter, forward-looking statements relate to anticipated trends and expectations rather than historical matters. Forward-looking statements are subject to uncertainties and factors relating to our operations and business environment that are difficult to predict and may be beyond our control. Such uncertainties and factors may cause actual results to differ materially from those expressed or implied by the forward-looking statements. These statements speak only as of the date of this release, and we undertake no ongoing obligation, other than that imposed by law, to update these statements. Uncertainties and risk factors that could affect our future performance and cause results to differ from the forward-looking statements in this release include, but are not limited to: severe financial hardship, bankruptcy, temporary or permanent shutdowns or operational challenges, due to the ongoing COVID-19 pandemic or otherwise, of one or more of our major customers, including customers in the automotive market, key suppliers or contractors, which, among other adverse effects, could lead to reduced demand for our products, increased difficulty collecting receivables, and customers and/or suppliers asserting force majeure or other reasons for not performing their contractual obligations to us; uncertainty and weaknesses in global economic conditions, including downward pressure on prices caused by the COVID-19 pandemic, oversupply of imported products, reduced market demand and risks related to U.S. government actions with respect to Section 232, the USMCA and/or other trade agreements, treaties or policies; uncertainties associated with the highly competitive and highly cyclical steel industry and reliance on the demand for steel from the automotive industry; continued volatility of steel and iron ore prices and other trends, which may impact the price-adjustment calculations under certain of our sales contracts; our ability to cost-effectively achieve planned production rates or levels, including at our HBI production plant; our ability to successfully identify and consummate any strategic investments or development projects, including our HBI production plant; the impact of our steelmaking customers reducing their steel production due to the COVID-19 pandemic, or increased market share of steel produced using methods other than those used by our customers, or increased market share of lighter-weight steel alternatives, including aluminum; our ability to maintain adequate liquidity, our level of indebtedness and the availability of capital could limit cash flow available to fund working capital, planned capital expenditures, acquisitions, and other general corporate purposes or ongoing needs of our business; our actual economic iron ore reserves or reductions in current mineral estimates, including whether any mineralized material qualifies as a reserve; our ability to successfully diversify our product mix and add new customers; the outcome of any contractual disputes with our customers, joint venture partners or significant energy, material or service providers or any other litigation or arbitration; problems or uncertainties with sales volume or mix, productivity, transportation, environmental liabilities, employee-benefit costs and other risks of the steel and mining industries; impacts of existing and increasing governmental regulation and related costs and liabilities, including failure to receive or maintain required operating and environmental permits, approvals, modifications or other authorization of, or from, any governmental or regulatory entity and costs related to implementing improvements to ensure compliance with regulatory changes; our ability to maintain appropriate relations with unions and employees; the ability of our customers, joint venture partners and third-party service providers to meet their obligations to us on a timely basis or at all; events or circumstances that could impair or adversely impact the viability of a production plant or mine and the carrying value of associated assets, as well as any resulting impairment charges; uncertainties associated with natural disasters, weather conditions, unanticipated geological conditions, supply or price of energy, equipment failures, infectious disease outbreaks and other unexpected events; adverse changes in interest rates, foreign currency rates and tax laws; the potential existence of significant deficiencies or material weakness in our internal control over financial reporting; our ability to realize the anticipated benefits of the merger with AK Steel and to successfully integrate the businesses of AK Steel into our existing businesses, including uncertainties associated with maintaining relationships with customers, vendors and employees, as well as realizing additional future synergies; additional debt we assumed or issued in connection with the merger with AK Steel, as well as additional debt we incurred in connection with enhancing our liquidity during the COVID-19 pandemic, may negatively impact our credit profile and limit our financial flexibility; changes in the cost of raw materials and supplies; supply chain disruptions or poor quality of raw materials or supplies, including scrap, coal, coke and alloys; disruptions in, or failures of, our information technology systems, including those related to cybersecurity; unanticipated costs associated with healthcare, pension and OPEB obligations; the completion of the acquisition of ArcelorMittal USA (the “Transaction”) on the anticipated terms and timing or at all, including the receipt of regulatory approvals and anticipated tax treatment; our ability to integrate ArcelorMittal USA’s businesses and our existing businesses successfully and to achieve anticipated synergies from the Transaction; business and management strategies for the maintenance, expansion and growth of the combined company’s operations following the consummation of the Transaction; potential litigation relating to the Transaction that could be instituted against us or our officers and directors; disruptions from the proposed Transaction that have the potential to harm our or ArcelorMittal USA’s businesses, including current plans and operations; our ability to retain and hire key personnel, including within the ArcelorMittal USA businesses following the completion of the Transaction; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the Transaction; and additional debt we incur, or other proposed financing transactions we may enter into, in connection with the Transaction may negatively impact our credit profile and limit our financial flexibility.

For additional factors affecting the business of Cliffs, refer to “Risk Factors” in Cliffs’ Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2020.

You are urged to carefully consider these risk factors.

MEDIA CONTACT:

Patricia Persico

Director, Corporate Communications

(216) 694-5316

INVESTOR CONTACT:

Paul Finan

Director, Investor Relations

(216) 694-6544

KEYWORDS: United States North America Ohio

INDUSTRY KEYWORDS: Natural Resources Manufacturing Other Manufacturing Steel Mining/Minerals

MEDIA:

Osisko Gold Royalties Ltd Launches Osisko Development Corp. And Announces Related Corporate Changes

MONTRÉAL, Nov. 25, 2020 (GLOBE NEWSWIRE) — Osisko Gold Royalties Ltd (“Osisko Royalties“) (OR: TSX & NYSE) and Osisko Development Corp. (“Osisko Development“) (ODV: TSX-V) are pleased to announce the successful launch of Osisko Development – a premier gold development company in North America, with the objective of becoming the next mid-tier gold producer. The common shares of Osisko Development (“ODV Shares“) will begin trading on the TSX Venture Exchange on or about December 2, 2020 under the symbol “ODV”.


Closing of RTO

Earlier today Osisko Royalties and Osisko Development completed their previously announced spin-out transaction, which resulted in, among other things, Osisko Royalties transferring certain mining properties, including the Cariboo Gold Project, and a portfolio of marketable securities (through the transfer of the entities that directly or indirectly own such mining properties and marketable securities) to Osisko Development Holdings Inc. (“Osisko Subco“), following which Osisko Subco and 1269598 BC Ltd. (“Barolo Subco“) were amalgamated by way of a triangular amalgamation under the Business Corporations Act (British Columbia) (the “Amalgamation“) to form “Amalco“. Upon the Amalgamation, Osisko exchanged its Osisko Subco shares for ODV Shares, which resulted in a “Reverse Take-Over” of Osisko Development (the “RTO“).

Further details regarding the RTO and the Amalgamation are set out in (a) the management information circular of Osisko Development (formerly known as Barolo Ventures Corp. (“Barolo“)) dated October 19, 2020, and (b) the Form 3D2 (Information Required in a Filing Statement for a Reverse Takeover or Change of Business) of Osisko Development (formerly known as Barolo) dated November 20, 2020 (the “Filing Statement“), which are available on SEDAR (www.sedar.com) under the Osisko Development’s issuer profile.


Conversion of Subscription Receipts

On November 25, 2020, prior to the effective time of the Amalgamation, upon satisfaction of the escrow release conditions,13,350,000 subscription receipts of Osisko Subco issued under the CDN $100.1 million concurrent financing of Osisko Subco that closed on October 29, 2020 were converted into 13,350,000 common shares of Osisko Subco and 6,675,000 common share purchase warrants of Osisko Subco, and the net subscription proceeds were released from escrow and paid to Osisko Subco.

Each common share purchase warrant of Osisko Subco outstanding immediately prior to the effective time of the Amalgamation was exchanged for one common share purchase warrant of Osisko Development, with each common share purchase warrant of Osisko Development entitling the holder to acquire one ODV Share at a price of CDN $10 per share for a period of 18 months from the effective date of the Amalgamation.


Management and Board


Reconstitution


Osisko Royalties

Effective upon closing of the RTO: Mr. Sandeep Singh became the President and Chief Executive Officer of Osisko Royalties, and a director on the Board of Directors of Osisko Royalties; and Mr. Sean Roosen was appointed as Executive Chair of the Board of Directors of Osisko Royalties and transitioned from his role as Chief Executive Officer of Osisko Royalties to Chief Executive Officer of Osisko Development.


Osisko Development

Effective upon closing of the RTO, the Board of Directors of Osisko Development was reconstituted to consist of: Sean Roosen (Chair); Charles Page (Lead Director); John Burzynski; Joanne Ferstman; Michèle McCarthy; Duncan Middlemiss; and Éric Tremblay.

Effective upon closing of the RTO, management of Osisko Development was reconstituted to consists of: Sean Roosen (Chair and Chief Executive Officer); Chris Lodder (President); Luc Lessard (Chief Operating Officer); Benoit Brunet (Chief Financial Officer, Vice President, Finance and Corporate Secretary); François Vézina (Vice President, Technical Services); Chris Pharness (Vice President, Sustainable Development); Maggie Layman (Vice President, Exploration); and a further technical team that will be transferred from Osisko Royalties to Osisko Development.


Other Corporate Updates

In connection with the completion of the RTO:

  • Amalco is expected to merge into Osisko Development by way of a voluntary dissolution on or about November 26, 2020 (the “Dissolution“);
  • Osisko Development is expected to continue from the Business Corporations Act (British Columbia) to the Canada Business Corporations Act on or about November 27, 2020;
  • the directors of Osisko Development resolved to change the financial year end of Osisko Development from May 31 to December 31, being that of the reverse takeover acquirer; and
  • PricewaterhouseCoopers LLP has been appointed as the auditor of Osisko Development.


Required Early Warning Report


Disclosure


Osisko Royalties





Ownership in Osisko Development

Following completion of the Amalgamation, Osisko Royalties holds beneficial ownership and control over 100,000,100 ODV Shares, representing approximately 88% of the issued and outstanding ODV Shares. Prior to completion of the Amalgamation, Osisko Royalties did not hold any securities of Osisko Development (formerly Barolo). An early warning report will be filed by Osisko Royalties in respect of Osisko Development with applicable Canadian securities regulatory authorities. To obtain a copy, please contact Sandeep Singh as indicated below.


Osisko Royalties





Ownership in


Certain Portfolio Companies

Pursuant to the RTO, Osisko Royalties transferred a portfolio of marketable securities to Osisko Development, which included securities of the following reporting issuers in which Osisko Royalties is a reporting insider:

Name of
Issuer
Head Office
of Issuer
Number and
Type of
Securities
Percentage
Shareholding
(Basic)
Percentage
Shareholding
(Partially-
Diluted)
Value of

Consideration
Paid or Received
Value of
Consideration
Paid or
Received (Per
Security)
Minera Alamos Inc. (TSXV: MAI) 55 York Street
Suite 402
Toronto, Ontario
M5J 1R7
76,080,000 common shares 17.3% N/A CDN $52,495,200 CDN $0.69 per common share
Harfang Exploration Inc. (TSXV: HAR) 1100 Avenue des Canadiens-de-Montréal
Suite 300
Montréal, Québec
H3B 2S2
6,928,572 common shares 14.2% N/A CDN $2,355,714 CDN $0.34 per common share
Barksdale Resources Corp. (TSXV: BRO) 615-800 West Pender Street
Vancouver, British Columbia
V6C 2V6
6,440,261 common shares 10.2% N/A CDN $3,799,754 CDN $0.59 per common share
Falco Resources Ltd. (TSXV: FPC) Suite 300 – 1100 Canadiens-de-Montreal
Montreal, Quebec
H3B 2S2
41,385,240 common shares and 6,052,222 common share purchase warrants 18.3% 20.4% CDN $16,140,245 CDN $0.39 per common share
CDN $1 for all warrants
Cornish Metals Inc. (TSXV: CUSN) Suite 960 – 789 West Pender Street
Vancouver, British Columbia
V6C1H2
44,256,190 common shares and 9,577,143 common share purchase warrants 31.6% 36.0% CDN $3,540,496 CDN $0.08 per common share
CDN $1 for all warrants
NioBay Metals Inc. (TSXV: NBY) Claude Dufresne
1 Place Ville Marie
40TH Floor
Montréal, Québec
H3B 4M4
9,857,143 common shares and 428,571 common share purchase warrants 18.7% 19.3% CDN $6,111,430 CDN $0.62 per common share
CDN $1 for all warrants

Prior to completion of the RTO, Osisko Development did not hold any securities of any of the above-referenced reporting issuers. Upon completion of the RTO, Osisko Royalties continues to beneficially own the above-referenced securities by virtue of Osisko Royalties being deemed under securities laws to beneficially own the securities which are beneficially owned or controlled by its affiliates, including Osisko Development.

In connection with the foregoing, early warning reports will be filed by each of Osisko Royalties and Osisko Development with applicable Canadian securities regulatory authorities in respect of each of the above-referenced reporting issuers. Copies of the early warning reports filed by each of Osisko Royalties and Osisko Development will be available on SEDAR (www.sedar.com) under the respective issuer profiles of Osisko Royalties and Osisko Development. To obtain copies of the early warning reports filed by Osisko Development, please contact Sean Roosen as indicated below. To obtain copies of the early warning reports filed by Osisko Royalties, please contact Sandeep Singh as indicated below.

As of the date of this news release, Osisko Royalties and Osisko Development are not aware of any plans nor has any future intentions which would relate to or result in any of items (a) to (k) described in Item 5 of Form 62-103F1, other than:

  • On November 17, 2020, Osisko Royalties and Falco Resources Ltd. (“Falco“) entered into a binding agreement to extend the maturity of Falco’s existing senior secured loan (the “Senior Loan“) from December 31, 2020 to December 31, 2022. Together with capitalized interest, the principal amount outstanding under the Senior Loan as of November 17, 2020 was CDN $17,596,136. In consideration for the extension of the maturity date of the Senior Loan (the “Senior Loan Extension“), the Senior Loan will also be amended to become convertible after the first anniversary of the closing date into common shares of Falco (“Falco Shares“) at a conversion price of CDN $0.55 per share, subject to standard anti-dilution protections. In consideration for the Senior Loan Extension, Falco will also issue to Osisko 10,664,324 warrants of Falco (“Falco Warrants“), each exercisable for one Falco Share at an exercise price of CDN $0.69 up to 24 months from the date of issuance of the Falco Warrants. The terms of the Falco Warrants provide for a cashless exercise feature. The underlying Falco Shares issuable upon conversion of the Senior Loan will be subject to a hold period of four months from the closing date of the Senior Loan Extension in accordance with applicable Canadian securities laws. The Falco Warrants (and the underlying Falco Shares) will be subject to a hold period of four months from the date of issuance of the Falco Warrants, in accordance with applicable Canadian securities laws. The Senior Loan Extension and the issuance of the Falco Warrants are subject to the approval of the TSX Venture Exchange. The Senior Loan Extension is scheduled to close on or about November 26, 2020.
  • Following completion of the RTO, Osisko Royalties may amend or assign to Osisko Development certain contractual rights held in certain of the above-referenced reporting issuers in which Osisko Royalties is a reporting insider.

Osisko Royalties’ head office is located at 1100 Avenue des Canadiens-de Montréal, Suite 300, Montréal, Québec, Canada, H3B 2S2.


Advisors

Bennett Jones LLP is legal counsel to Osisko Royalties. Cassels Brock & Blackwell LLP is legal counsel to Barolo. Stikeman Elliott LLP is legal counsel to the underwriters of the concurrent financing.

About Osisko
Gold Royalties Ltd

Osisko Royalties is an intermediate precious metal royalty company focused on the Americas that commenced activities in June 2014. Osisko Royalties holds a North American focused portfolio of over 135 royalties, streams and precious metal offtakes. Osisko Royalties’ portfolio is anchored by its cornerstone asset, a 5% net smelter return royalty on the Canadian Malartic mine, which is the largest gold mine in Canada.

Osisko Royalties’ head office is located at 1100 Avenue des Canadiens-de Montréal, Suite 300, Montréal, Québec, Canada, H3B 2S2.

For further information
about
Osisko Gold Royalties Ltd
, please contact
:

Sandeep Singh
President and CEO
Tel. (514) 940-0670
[email protected]

About Osisko Development Corp.

Osisko Development Corp. is well-capitalized and uniquely positioned as a premier gold development company in North America to advance the Cariboo Gold Project and other Canadian and Mexican properties, with the objective of becoming the next mid-tier gold producer. The Cariboo Gold Project, located in central British Columbia, is Osisko Development’s flagship asset with measured and indicated resource of 21.44 Mt at 4.6 Au g/t for a total of 3.2 million ounces of gold and inferred resource of 21.69 Mt at 3.9 Au g/t for a total of 2.7 million ounces of gold. The considerable exploration potential at depth and along strike distinguishes the Cariboo Gold Project relative to other development assets as does the historically low, all-in discovery costs of US $19 per ounce. The Cariboo Gold Project is advancing through permitting as a 4,750 tonnes per day underground operation with a feasibility study on track for completion in the second half of 2021. Osisko Development’s project pipeline is complemented by potential near-term production targeted from the San Antonio gold project, located in Sonora Mexico and early exploration stage properties including the Coulon Project and James Bay Properties located in Québec as well as the Guerrero Properties located in Mexico. Osisko Development will begin trading on the TSX Venture Exchange under the symbol “ODV” on December 2, 2020.

For further information
about
Osisko
Development Corp., please contact
:

Sean Roosen, CEO
Telephone: (514) 940-0685
Email: [email protected]

Jean Francois Lemonde, VP Investors Relations
Telephone: (514) 299 4926
Email: [email protected] 

Cautionary Note Regarding Forward-Looking Information

Certain statements contained in this news release may be deemed

forward

looking statements

within the meaning of applicable Canadian and U.S. securities laws. These forward

looking statements, by their nature, require Osisko Royalties and Osisko Development to make certain assumptions and necessarily involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in these forward

looking statements. Forward

looking statements are not guarantees of performance. Words such as

may

,

will

,

would

,

could

,

expect

,

believe

,

plan

,

anticipate

,

intend

,

estimate

,

continue

, or the negative or comparable terminology, as well as terms usually used in the future and the conditional, are intended to identify forward

looking statements. Information contained in forward

looking statements, including with respect to future production of mines, is based upon certain material assumptions that were applied in drawing a conclusion or making a forecast or projection, including management

s perceptions of historical trends, current conditions and expected future developments, public disclosure from
operators of the relevant mines, as well as other considerations that are believed to be appropriate in the circumstances. Osisko Royalties and Osisko Development consider their respective assumptions to be reasonable based on information currently available, but cautions the reader that their assumptions regarding future events, many of which are beyond the control of Osisko Royalties and Osisko Development, may ultimately prove to be incorrect since they are subject to risks and uncertainties that affect Osisko Royalties and Osisko Development, and their respective businesses.

For additional information with respect to these and other factors and assumptions underlying the forward

looking statements made in this news release concerning
(a)
Osisko Royalties, see the section entitled

Risk Factors

in the most recent Annual Information Form of Osisko Royalties which is filed with the Canadian securities commissions and available electronically under Osisko Royalties

issuer profile on SEDAR (

www.sedar.com

)
and with the U.S. Securities and Exchange Commission and available electronically under Osisko Royalties

issuer profile on EDGAR (

www.sec.gov

)
, and (b) Osisko Development, see the Filing Statement available electronically under Osisko Development’s issuer profile on SEDAR (

www.sedar.com

).
The forward

looking statements set forth herein concerning Osisko Royalties reflect management

s expectations as at the date of this news release and are subject to change after such date.
The forward

looking statements set forth herein concerning Osisko
Development
reflect management

s expectations as at the date of this news release and are subject to change after such date
.
Osisko Royalties and
Osisko Development
disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX
-V
nor its Regulation Services Provider (as that term is defined in the policies of the
TSX-V
) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.



TMX Group, Khiron, C-Suite at The Open

Canada NewsWire

TORONTO, Nov. 25, 2020 /CNW/ – Alvaro Torres, CEO, Khiron Life Sciences Corp. (TSXV: KHRN), shares his company’s story in an interview with TMX Group.

The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange.  Videos provide insight into how company executives think in the current business environment.  To see the latest C-Suite at The Open videos visit https://www.tmxmoney.com/en/csuite.html.


About Khiron Life Sciences Corp. (TSXV: KHRN)

Khiron Life Sciences Corp. is the dominant integrated medical cannabis company in Latin America. It has core operations in Latin America, along with activity in North America and Europe, and is licensed in Colombia for the cultivation, production, domestic distribution, and international export of both tetrahydrocannabinol (THC) and cannabidiol (CBD) medical cannabis. The company addresses priority medical conditions such as chronic pain, epilepsy, depression and anxiety in the Latin American market. Its segments include Medical cannabis products, Health services, and Wellbeing products. Its operations in Latin America derives majority of the revenue. For more information visit: http://www.khiron.ca/ 


About TMX Group (TSX: X)

TMX Group’s key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, Trayport and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Beijing and Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.

SOURCE TMX Group Limited

CACC INVESTOR DEADLINE: Bernstein Liebhard Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Credit Acceptance Corporation

PR Newswire

NEW YORK, Nov. 25, 2020 /PRNewswire/ — Bernstein Liebhard, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Credit Acceptance Corp. (“Credit Acceptance” or the “Company”) (NASDAQ: CACC) from November 1, 2019 through August 28, 2020 (the “Class Period”). The lawsuit filed in the United States District Court for the Eastern District of Michigan alleges violations of the Securities Exchange Act of 1934.

If you purchased Credit Acceptance Corporation securities, and/or would like to discuss your legal rights and options please visit Credit Acceptance Corp. Shareholder Lawsuit or contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].

The complaint alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (i) that the Company was topping off the pools of loans that they packaged and securitized with higher-risk loans; (ii) that Credit Acceptance was making high-interest subprime auto loans to borrowers that the Company knew borrowers would be unable to repay; (iii) that the borrowers were subject to hidden finance charges, resulting in loans exceeding the usury rate ceiling mandated by state law; (iv) that Credit Acceptance took excessive and illegal measures to collect debt from defaulted borrowers; (v) that, as a result, the Company was likely to face regulatory scrutiny and possible penalties from various regulators or lawsuits; and (vi) that, as a result of the foregoing, Defendant’s positive statements about the Company’s business, operations, and adherence to appropriate laws and regulations were materially misleading and/or lacked a reasonable basis.

On August 28, 2020, the Massachusetts Attorney General (“Mass AG”) filed a lawsuit against Credit Acceptance alleging that the Company has, for years, been making unfair and deceptive automobile loans to thousands of Massachusetts consumers.  Additionally, the lawsuit alleges that Credit Acceptance provided its investors with false and/or misleading information regarding the asset-backed securitizations they offered to investors, and that the Company engaged in unfair debt collection practices as well.   In response to the public disclosure of the Mass AG lawsuit, Credit Acceptance’s stock price fell $85.36 per share, or over 18%, to close at $374.07 per share over two trading days ending on September 1, 2020.

If you wish to serve as lead plaintiff, you must move the Court no later than December 1, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.

If you purchased Credit Acceptance securities, and/or would like to discuss your legal rights and options please visit https://www.bernlieb.com/cases/creditacceptancecorp-cacc-shareholder-class-action-lawsuit-stock-fraud-298/apply/ contact Matthew E. Guarnero toll free at (877) 779-1414 or [email protected].

Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal’s “Plaintiffs’ Hot List” thirteen times and listed in The Legal 500 for ten consecutive years.

ATTORNEY ADVERTISING. © 2020 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact Information:


Matthew E. Guarnero


Bernstein Liebhard LLP
https://www.bernlieb.com
(877) 779-1414
[email protected]

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/cacc-investor-deadline-bernstein-liebhard-reminds-investors-of-the-deadline-to-file-a-lead-plaintiff-motion-in-a-securities-class-action-lawsuit-against-credit-acceptance-corporation-301177878.html

SOURCE Bernstein Liebhard LLP

IIROC Trading Halt – NDM

Canada NewsWire

TORONTO, Nov. 25, 2020 /CNW/ – The following issues have been halted by IIROC:

Company: Northern Dynasty Minerals Ltd.

TSX Symbol: NDM

All Issues: No

Reason: Single-Stock Circuit Breaker

Halt Time (ET): 12:57 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

Barbecue At Home By Dickey’s ‘Cues the Savings with Epic Black Friday and Cyber Monday Sale

Barbecue retailer hosts site wide sale with never-before seen deals including lifetime supplies of sausage, 50% off subscriptions and more

Dallas, TX, Nov. 25, 2020 (GLOBE NEWSWIRE) — Barbecue meal subscription service and online retailer Barbecue At Home is hosting an unprecedented Black Friday and Cyber Monday sitewide event featuring deals on their most popular items.  

Beginning this week on athome.dickeys.com barbecue fans, online shoppers and holiday gifters can score a variety of limited-time deals including:

  • 50% off the first month for all meal delivery subscription boxes and receive a lifetime subscription supply of Dickey’s authentic, Texas-style kielbasa sausage ropes with purchase.
  • Orders over $99.99 receive a complimentary four rope sampler of Dickey’s famous small-batch craft sausages.
  • Free shipping and 50% off Dickey’s Ultimate Sausage Variety Box, which includes 20 variations of sausage ranging from classic flavors like cheddar jalapeño to new mixes such as loaded nacho, chipotle pepper jack and maple pancake breakfast sausage.

In addition, on Friday from 10 a.m. to 8 p.m. CST Black Friday shoppers can score 50% off the entire site using the code BLACKFRIDAY50 at checkout to save on barbecue favorites such as Dickey’s original barbecue sauce, rubs, cookbooks and other grilling merchandise.

Cyber Monday shoppers can also score big ahead of gifting season when they use code CYBERMONDAY50 at checkout to receive 50% off their order from athome.dickeys.com.

“This is hands down our biggest sale to date. Whether you’re shopping for yourself or others, Barbecue At Home has something for everyone to enjoy and this year, the deals are just too good to pass up,” said Laura Rea Dickey, CEO of Dickey’s Barbecue Restaurants, Inc.

To learn more, follow Barbecue At Home on Facebook and Instagram. Join the Barbecue At Home E-Club here to receive information on new products, recipes, and promotions.

About Dickey’s Barbecue Restaurants, Inc.

Dickey’s Barbecue Restaurants, Inc., the world’s largest barbecue concept, was founded in 1941 by Travis Dickey. For the past 79 years, Dickey’s Barbecue Pit has served millions of guests Legit. Texas. Barbecue.™ At Dickey’s, all our barbecued meats are smoked onsite in a hickory wood burning pit. Dickey’s proudly believes there’s no shortcut to true barbecue and it’s why they never say bbq. The Dallas-based, family-run barbecue franchise offers several slow-smoked meats and wholesome sides with ‘No B.S. (Bad Stuff)’ included. The fast-casual concept has expanded worldwide with two international locations in the UAE and operates over 500 locations in 44 states. In 2016, Dickey’s won first place on Fast Casual’s “Top 100 Movers and Shakers” list and was named a Top 500 Franchise by Entrepreneur in 2018. Dickey’s Barbecue Pit has also been recognized by Fox News, Franchise Times, The Wall Street Journal, QSR Magazine, Forbes Magazine and Nation’s Restaurant News. For more information, visit www.dickeys.com.

 

# # #

Attachment



Greer Martin
Dickey's Barbecue Restaurants, Inc.
9729713898
[email protected]

Bipartisan Lawmakers to Appropriators: Follow the House Lead and Protect Wild Horses

Washington D.C., Nov. 25, 2020 (GLOBE NEWSWIRE) — Today, lawmakers in both the U.S. Senate and House of Representatives sent letters to leadership urging them to ensure the final FY21 spending bill contains a key provision to reform the mismanaged and controversial Bureau of Land Management Wild Horse and Burro Program. 

The letters, led by Senator Cory Booker (D-NJ) and Representative Steve Cohen (D-TN), ask Senate and House leadership to ensure that funding for PZP fertility control as an alternative to cruel and costly wild horse roundups is included in any final Fiscal Year 2021 spending deal. 

“As a result of the BLM’s mass roundup strategy and removal mismanagement, there are nearly 48,000 animals in short- and long-term holding, and this number will only increase if the BLM continues to rely primarily on a failed system of mass removals. These holding facilities, like the roundups themselves, are often harmful to the health and well-being of these animals, and efforts to remove horses from the range without supplemental fertility control efforts actually increases population growth rates through compensatory reproduction,” Senator Booker states in the Senate letter.

“The humane treatment of these iconic American horses and burros must remain a priority. I’m proud to lead my colleagues in making that case,” said Representative Steve Cohen (D-TN) of the House letter.

“Congress must not continue to give the BLM carte blanche to mismanage our nation’s iconic wild horse and burro herds,” said Holly Gann, Director of Government Relations for the American Wild Horse Campaign (AWHC). “We commend Senator Booker, Representative Cohen, and their colleagues for standing up for fiscally responsible and humane wild horse management that will benefit both the horses and the American taxpayer.”

This summer, the House passed a bipartisan amendment to its FY21 Interior Appropriations bill to require the BLM to spend $11 million dollars, or just over 10%, of its Wild Horse and Burro Program budget to implement proven and humane PZP fertility control to manage wild horse populations across the West. The Senate version of the bill does not contain the language but Senator Booker, Rep. Cohen and their colleagues are pressing for the final spending bill negotiated between the two chambers to include the provision. 

The agency has accelerated removals of wild horses and burros from public land and is expanding costly corrals to triple the number of animals in holding facilities at taxpayer expense. Currently, 71% of the BLM’s budget is spent on roundup, removal and warehousing wild horses while less than 1% on safe and humane fertility control vaccines to curb population growth on the range. Under the BLM plan, the costs are expected to rise to $1 billion in just the first five years. 

The American Wild Horse Campaign operates the world’s largest wild horse fertility control program in Nevada’s Virginia Range. The program is proving that PZP fertility control is a humane and cost-effective management alternative to roundups. AWHC estimates that the fertility control treatments delivered in the first year of the program will prevent approximately 690 births at a cost of $182,000. In stark contrast, BLM would spend $690,000 to round up those same horses and an astronomical $34.5 million to maintain them in holding facilities for life, resulting in a net cost to taxpayers of $35 million in a single herd area. 

Cosigners of the letters include Sens. Chris Van Hollen (D-MD), Kyrsten Sinema (D-AZ), Dianne Feinstein (D-CA), Catherine Cortez Masto (D-NV), Jacky Rosen (D-NV), and Reps. David Schweikert (R-AZ), Brian Fitzpatrick (R-PA), Joe Neguse (D-CO), Dina Titus (D-NV), Ted Deutch (D-FL), Ted Lieu (D-CA), Peter Defazio (D-OR), Salud Carbajal (D-CA), Deb Haaland (D-NM), Jan Schakowsky (D-IL), Raja Krishnamoorthi (D-IL), Vern Buchanan (R-FL), Gerry Connolly (D-VA), John Katko (R-NY), Raul Grijalva (D-AZ), Barbara Lee (D-CA), Ro Khanna (D-CA), Carolyn Maloney (D-NY), Lucille Roybal-Allard (D-CA), and Alcee Hastings (D-FL).

###

The American Wild Horse Campaign (AWHC) is the nation’s leading wild horse protection organization, with more than 700,000 supporters and followers nationwide. AWHC is dedicated to preserving the American wild horse in viable, free-roaming herds for generations to come, as part of our national heritage.



Grace Kuhn
American Wild Horse Campaign
804-218-4252
[email protected]