+ Alberta COVID-19 stats: 476 deaths to date, 13,166 active cases of 48,421 confirmed cases to date: aggregate Alberta data – currently, 328 Albertans are in the hospital with COVID-19, and 62 of those are in intensive care units
+ Alberta did a Stage 2 relaunch, re-opening Stage 3 remains delayed because of case/infection levels; a 14-day restriction (Nov. 13-27) on numbers/hours/activities (restaurants, bars, gyms etc.) have been imposed due to a spike in cases – and a further/deeper restriction is expected this week as pressure mounts on Premier Kenny to take more dramatic action short and/or order another lockdown …tic toc
+ Alberta launching the second round of its Small and Medium Enterprise Relaunch Grant Phase Two
+ COVID-19 shutdown for 28 days ordered in Ontario by Premier Ford; many businesses, particularly retailers are lobbying for mitigation of that decree
+ COVID-19 vaccines are coming – we hope; announcements this week of promising test results by Pfizer, Moderna, AstraZenaca, and Oxford all showing promise – distribution before spring for the most vulnerable
+ Alaris Equity Partners Income Trust is on the market to raise $40.012 million equity financing
+ Bausch Health Companies Inc. is on the market to raise $2.0 billion in sr. debt
+ Binovi Technologies Corp. closed $2.05 million in equity by private placement
+ CB2 Insights Inc. closed $5.75 million equity financing
+ Converge Technology Solutions Corp. is on the market to raise $40.2 million in equity
+ Engine Media Holdings Inc. closed US$2.0 million final tranche of its convertible debt financing
+ E3 Metals Corp. closed $6.7 million equity financing by private placement
+ Mind Cure Health Inc. closed $3.6 million equity financing by private placement
+ Nova Royalty Corp. closed $14.424 million in equity
+ Ontario Teachers’ Finance Trust closes a €750 million Green Bond debt financing
+ Summit Industrial Income REIT closed $195.5 million equity financing
+ Surge Energy Inc. closed $40.0 million new debt financing
+ Surge Energy Inc. secured a new $50.6 million credit facility
+ Tervita Corporation closed US$$500.0 million sr. secured debt financing
+ The Very Good Food Company is on the market to raise $11.5 million in equity
+ ViveRE Communities Inc. is on the market to raise $7.5 million in equity
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*editor’s note: names companies involved in debt financing transactions we report in this section are ALWAYS the borrower; we report ‘fresh raises’ and do not report secondary offerings or non-arm’s-length transactions …
SHAREHOLDER MEETINGS
+ Nov. 25; Source Energy Services Ltd., Noteholder and Shareholders Meeting, virtual only
+ Dec. 11; Echelon Holdings Inc., Annual and Special Meeting of Shareholders, Toronto
+ Dec. 11; Network Media Group Inc., Annual General and Special Meeting of Shareholders, Vancouver virtual only
+ Dec. 11; Rifco Inc., Annual General and Special Meeting of Shareholders, Edmonton
+ Dec. 15; Transat A.T. Inc., Special Meeting of Shareholders, Montreal
+ Dec. 15; Cenovus Energy Inc., Special Meeting of Shareholders, Calgary
+ Dec. 15; Husky Energy Inc., Special Meeting of Shareholders, Calgary
+ Dec. 15; Karnalyte Resources Inc., Special Meeting of Shareholders, Saskatoon
+ Dec. 22; Resverlogix Corp., Annual and Special Meeting of Shareholders, Calgary and virtual
+ Dec. 22; Zenith Capital Corp., Annual and Special Meeting of Shareholders, Calgary and virtual
+ Feb. 23; Artis REIT, Special Meeting of Unitholders, Winnipeg
+ Government of Canada launched its Canadian Net-Zero Emissions Accountability Act; the legislation will commit Canada to net-zero by 2050
INTERESTING TRENDS IN RETAIL REAL ESTATE
+ Naturalizer closures; Caleres, parent company, announced 133 Naturalizer stores in the U.S. and Canada will closed as the brand move to online sales only
+ be part of the transformation and join the Global Energy Show where technical experts from around the world present and discuss the latest technologies, processes and innovations leading the way toward zero emissions energy systems – CALL FOR ABSTRACTS
