News by subject: Restructuring / Recapitalization

Empire Industries Ltd. ("Empire", "EIL" or the "Company") is pleased to announce that it intends to complete an internal reorganization (the "Reorganization") to create a new research and development subsidiary named Dynamic Structures Ltd. ("DSL")...

Prospect Park Capital ? Corp. (the "Company") ??, a public investment issuer, announces today that its board of directors (the "Board") has amended its Statement of Investment Policies and Procedures (the "Investment Policy") to change the focus of...

Novelion Therapeutics Inc. ("Novelion" or the "Company") by Alvarez & Marsal Canada Inc., Novelion's court appointed liquidator (the "Liquidator") today provides an update on the Company's voluntary liquidation process (the "Liquidation") that...

Nikkiso Cryogenic Industries' Clean Energy & Industrial Gases Group ("Group"), a subsidiary of Nikkiso Co., Ltd (Japan), announces that effective October 1, 2020, LEWA Nikkiso Russia will be consolidated into the Nikkiso Cryogenic Industries Group...

Feronia Inc. ("Feronia" or the "Company") announces that it has obtained an Order of the Supreme Court of British Columbia in Bankruptcy and Insolvency approving the third party sale and restructuring transaction previously announced by the Company....

Brachium Capital Corp. ("Brachium") and WeCommerce Holdings Ltd. ("WeCommerce" or the "Corporation") are pleased to announce that they have entered into a binding letter of intent dated August 17, 2020 (the "Letter of Intent"), which outlines the...

Days Inns Canada today announced the release of its G3 prototype, giving franchisees an economical and contemporary roadmap for new-construction, accompanied by a level of support unprecedented in the business.  Leveraging the latest trends and...

New Millennium Iron Corp. (the "Company" or "NML") is pleased to announce that it has arrived at an agreement with TS Global Minerals Holdings Pte. Ltd. ("TSGMH"), Tata Steel Minerals Canada Ltd. ("TSMC") and TSMUK LTD ("TSMUK", and together with...

Gordon Brothers, the global advisory, restructuring and investment firm, has released an article that discusses the United States-Mexico-Canada trade agreement (USMCA) and outlines some of its most important implications for asset valuation. On the...

Gordon Brothers, the global advisory, restructuring, and investment firm, announced that Mosana Khan has been honored as a recipient of its 40 Under 40 Award for 2020 by the Secured Finance Network. "Mosana has done an extraordinary job of helping...

Feronia Inc. ("Feronia" or the "Company") today announces that, further to its announcement on May 22, 2020 and the subsequent third party sale process announced on June 2, 2020, it has today entered into a definitive purchase agreement (the...

DAVIDsTEA Inc. ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announces that it has obtained an Initial Order pursuant to the Companies' Creditors Arrangement Act (the "CCAA") from the Québec Superior Court in order to...

DAVIDsTEA Inc. ("DAVIDsTEA" or the "Company"), a leading tea merchant in North America, announces that it is implementing a...

Lydian International Limited ("Lydian" or the "Company") announced today that the Company, together with Lydian Canada Ventures Corporation ("Lydian Canada") and Lydian U.K. Corporation Limited ("Lydian UK" and together, the "Applicants"), have...

Purpose Investments Inc. ("Purpose") announced today that it will terminate Purpose Canadian Financial Income Fund (the "Fund") and will redeem all of its issued and outstanding ETF units, Series A shares, Series F shares and Series XF shares...

Gordon Brothers, the global advisory, restructuring, and investment firm, announced today that Cindi Giglio has joined its legal function as Associate General Counsel, with primary responsibility for Retail and Commercial & Industrial transactions in...

Lydian International Limited ("Lydian" or the "Company") announced today that the Company, together with Lydian Canada Ventures Corporation ("Lydian Canada") and Lydian U.K. Corporation Limited ("Lydian UK" and together, the "Applicants"), have...

Cequence Energy Ltd. ("Cequence" or the "Company") announces that it has commenced a strategic process to identify and pursue potential strategic options and alternatives to maximize the value for its stakeholders, which will be carried out under...

Feronia Inc. ("Feronia" or the "Company") today released its audited financial results for the year ended December 31, 2019. All amounts in this release are expressed in US dollars unless otherwise indicated. A copy of the audited financial...

Ultra Petroleum Corp. ("Ultra" or the "Company") has agreed to the terms of a comprehensive balance-sheet restructuring with key creditor constituencies, more specifically including holders of 100% of the loans under its first lien RBL credit...

Delphi Energy Corp. ("Delphi" or the "Company") announces that it intends to continue to carry out its strategic alternatives process, which may involve the sale of all or a portion of the business and assets or shares of the Company, or a...

High Arctic Energy Services Inc. ("High Arctic") announces the appointment of Mike Maguire as Chief Executive Officer effective immediately.  Mike Maguire was formerly the President of International for High Arctic.  The appointment of Mike follows...

Lydian International Limited ("Lydian" or the "Company") announced today that the Company's and its direct and indirect wholly owned subsidiaries', Lydian Canada Ventures Corporation ("Lydian Canada") and Lydian U.K. Corporation Limited ("Lydian...

Broadway Gold Mining Ltd. ("Broadway" or the "Company")   today announced that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement between Broadway, Madison...

Spirit Banner Capital Corp. ("Spirit Banner" or the "Corporation") is pleased to announce that at an annual general and special meeting of shareholders (the "Meeting") held on December 18, 2019, shareholders approved certain preconditions for...

Delphi Energy Corp. ("Delphi" or the "Company") is pleased to announce the completion of its previously announced recapitalization transaction (the "Recapitalization Transaction"). The Recapitalization Transaction was implemented pursuant to a plan...

Datametrex AI Limited (the "Company" or "Datametrex") is pleased to announce that the Senior Management including; Andrew Ryu, Jeffrey Stevens and Steve Kang have voluntarily agreed to reduce their compensation by approximately 40% effective...

Delphi Energy Corp. ("Delphi" or the "Company") is pleased to announce that at the meetings (the "Meetings") of holders of the Company's 10.00% Senior Secured Notes due 2021 (the "Noteholders") and holders of the Company's common shares...

Trillium Therapeutics Inc. (Trillium, "the company") , a clinical stage immuno-oncology company developing innovative therapies for the treatment of cancer, today announced corporate restructuring to extend the company's cash runway and to focus on...

Voyageur Minerals Ltd. (the "Company" or "Voyageur") is pleased to announce that further to the news release dated October 4, 2019, Voyageur has mailed the notice of meeting and information circular to shareholders in connection with its annual...

Gordon Brothers and Hilco Global announced that they will be operating liquidation sales beginning today, October 8, 2019 at all Forever 21 stores throughout Canada.  This announcement comes after Forever XXI ULC ("Forever 21 Canada") obtained an...

Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") announces the commencement of a sale and investment solicitation process (the "Strategic Process") to identify and pursue potential strategic options and alternatives with respect to...

Tintina Mines Limited ("Tintina") and NSR Resources Inc. ("NSR") are pleased to announce that they have entered into a non-binding letter of intent (the "LOI") contemplating the business combination by Tintina of all of the outstanding common shares...

Eureka 93 Inc. ("Eureka93") today confirmed it acquired a Health Canada license to cultivate cannabis at its Artiva location in Ottawa on September 20, 2019. Subsequently, the company began a restructuring that saw its CEO, entire senior leadership...

Daseke, Inc. ("Daseke" or the "Company"), the largest flatbed, specialized transportation and logistics solutions company in North America, today announced a comprehensive restructuring plan designed to reduce its cost base, right size its...

Lund Enterprises Corp. , (the "Company" or "Lund") is pleased to announce that, further to its press releases dated February 28, 2019 whereby the Company announced it had entered...

Alexandria Minerals Corporation (the "Company" or "Alexandria") is pleased to confirm that shareholders of Alexandria (the "Alexandria Shareholders") approved, at the special meeting of Alexandria Shareholders held earlier today, the business...

Puma Exploration Inc. (the "Company" or "Puma") announces that it is undertaking a major restructuration of the Company including, but not limited to, a private placement of $1M, a proposed consolidation 10:1, and the resignation of its Executive...

? Boardwalktech Software Corp. ("Boardwalktech"), a leading digital ledger platform and enterprise software solutions company is pleased to announce that it has completed the restructuring of its debt agreement with existing lender and investor, SQN...

DC Acquisition Corp. (the "Company") is pleased to provide the following update regarding its proposed business combination with Mijem Inc. ("Mijem") as announced on February 11, 2019. The Company is pleased to announce that it has entered into an...

Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") today announced that at the meetings (the "Meetings") of holders of the Company's outstanding 8.5% senior unsecured notes due 2020 (the "Senior Unsecured Noteholders"), holders of the...

Apolo III Acquisition Corp. ("Apolo" or the "Corporation") is pleased to announce that it has entered into a binding letter of intent dated May 16, 2019 (the "Letter of Intent") with Latitude Global Cannabis Inc. ("Latitude") pursuant to which Apolo...

Arkadia Capital Corp. ("Arkadia") and Oasis Technology Inc. ("Oasis") jointly announce that they have executed a non-binding letter of intent dated May 1, 2019 (the "LOI"), summarizing the principal terms under which they would be prepared to...

Dream Hard Asset Alternatives Trust ("Dream Alternatives" or the "Trust") today announced further details of its strategic plan, confirmed its commitment to maintain the current distribution policy and announced the Trust's intention to increase the...

Troymet Exploration Corp. ("Troymet" or the "Company") is pleased to announce that, further to its news release dated March 4, 2019, it will change its name to "Bessor Minerals Inc." effective Thursday, April 11, 2019, and consolidate its common...

Isodiol International Inc.  (the?"Company" or "Isodiol") today announced the sale of its wholly owned subsidiary BSPG Laboratories Ltd. ("BSPG") to a U.K. based private equity group ("buyer") for US$14,000,000 in cash installments.  As a part of...

Black Bull Resources Inc. (NEX: BBS.H) ("Black Bull" or the "Company") is pleased to announce that the Company has received conditional approval from the TSX Venture Exchange Inc. (the "Exchange" or "TSXV") regarding the previously announced arm's...

Further to a statement released on October 31, 2018, Clairvest Group Inc. today announced that it and Clairvest Equity Partners IV (collectively "Clairvest") have completed a transaction whereby Clairvest's interest in the Rivers Casino ("Rivers" or...

Cryogenic Industries, Inc. and Nikkiso Cryo, Inc., subsidiaries of Nikkiso Co., Ltd (Japan), announce their functional consolidation as "Nikkiso Cryogenic Industries Group" (the Group). Consisting of Nikkiso Cryo, Inc. (Las Vegas, NV) and Cryogenic...

BLVD Centers Corporation has announced a name change to Ventura Cannabis and Wellness Corp.  Shares will begin trading under the new name and symbol on Tuesday, February 12, 2019. Disclosure documents are available at www.thecse.com. Effective...