GlobeNewswire – Global Business Magazine https://thegbm.com Business news, opinion, reviews, interviews Mon, 03 Feb 2025 22:08:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://thegbm.com/wp-content/uploads/2021/07/Bizmag-logo.png GlobeNewswire – Global Business Magazine https://thegbm.com 32 32 195744517 NEXUS CAPITAL MANAGEMENT ANNOUNCES ACQUISITION OF TRICAM INDUSTRIES https://thegbm.com/nexus-capital-management-announces-acquisition-of-tricam-industries/ https://thegbm.com/nexus-capital-management-announces-acquisition-of-tricam-industries/#respond Mon, 03 Feb 2025 22:08:00 +0000 https://thegbm.com/nexus-capital-management-announces-acquisition-of-tricam-industries LOS ANGELES & EDEN PRAIRIE, MN, Feb. 03, 2025 (GLOBE NEWSWIRE) — Nexus Capital Management LP (together with certain affiliates, “Nexus”), a Los Angeles-based alternative asset management firm, announced today it has partnered with the management team and existing owners, the McMunn family, to acquire Tricam Industries, LLC (the “Company” or “Tricam”).

Tricam, based in Eden Prairie, MN, specializes in the design, development and engineering of consumer and professional home improvement equipment, including ladders and step stools, garden carts, wheelbarrows, hose reels and hand trucks, among others. The Company’s products are primarily sold through home center and retail channels across North America, Australia and New Zealand under the flagship Gorilla® brand as well as other owned and licensed brands.

Jeff Skubic, President & CEO of Tricam, stated, “This transaction represents an exciting milestone in Tricam’s corporate journey. Over the last three decades, Tricam has built a strong reputation as a trusted supplier with high quality products consumers respond to and have come to expect from us. We’re grateful for the confidence our partners and customers place in us, and we’re looking forward to partnering with Nexus as we continue to expand our product portfolio and accelerate our growth. Our founder, Tony McMunn, established a culture built on an unwavering entrepreneurial drive that fosters and rewards hard work, creativity, and collaboration. The team is excited, and we’re pleased the McMunn family will continue along with us.”

“My family and I are excited to partner with Nexus and feel very confident this relationship will allow for continued success and provide opportunities for our employees” said Tricam founder Tony McMunn.

“We are thrilled to partner with Jeff, Tony and the Tricam management team,” said Michael Cohen, Partner at Nexus. “Tricam has established itself as a market leader by focusing relentlessly on innovation, quality and safety. We look forward to working closely with Tricam to continue building on the Company’s long history of success.”

Brad Kottman, Principal at Nexus, added, “We are thoroughly impressed with the strong foundation Tricam has established. The Company is led by a highly experienced team, the product suite is differentiated, and the supply chain is diverse and resilient. This investment represents a compelling new platform that is well positioned to react to changing environments and pursue continued growth.”

Kirkland & Ellis LLP served as legal advisor to Nexus. Jefferies LLC served as financial advisor and Fox Rothschild LLP served as legal advisor to Tricam. J.P. Morgan and Citi provided financing for the acquisition.

About Tricam

Tricam, founded in 1990, is a leading supplier of home improvement and hardware products sold through home center and retail outlets primarily in the US, Canada, Australia and New Zealand. Based in Eden Prairie, Minnesota, the Company employs a growing team centered around bringing innovative products to market and maintaining strong relationships with our retailer and supplier partners. The Company continues to invest in its product and brand portfolio, led by its flagship Gorilla® brand across multiple product categories, including ladders, garden carts, wheelbarrows, hose reels and hand trucks. For more information on Tricam, please visit www.gorillamade.com and www.tricamindustries.com.

About Nexus Capital Management LP

Nexus is an alternative asset investment management company based in Los Angeles, California that was founded in 2013. Nexus employs a flexible investment mandate that focuses on long-term value creation by partnering with leading management teams and businesses. For more information on Nexus, please visit www.nexuslp.com.

Contact Information:

Mike Gabbert

Tricam Director of Marketing

Mgabbert@tricam.com

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First Helium Spuds 7-15 Exploration Well https://thegbm.com/first-helium-spuds-7-15-exploration-well/ https://thegbm.com/first-helium-spuds-7-15-exploration-well/#respond Mon, 03 Feb 2025 22:00:00 +0000 https://thegbm.com/first-helium-spuds-7-15-exploration-well Targets Leduc Light Oil on Large Structural Anomaly

CALGARY, Alberta, Feb. 03, 2025 (GLOBE NEWSWIRE) — First Helium Inc. (“First Helium” or the “Company”) (TSXV: HELI) (OTCQB: FHELF) (FRA: 2MC) today announced that it has begun drilling its high impact Leduc anomaly, the 7-15 well, at its Worsley Property in Northern Alberta. The location was identified on proprietary 3D seismic data interpreted last spring. In addition to the primary Leduc formation target, the Company will be evaluating multiple uphole zones for oil, natural gas and helium. These zones have been previously identified on First Helium wells and in other existing well bores on, and around the Company’s Worsley land base. The Company will continue to provide regular updates on ongoing field activities.

“We are excited to be drilling our high impact Leduc anomaly, 7-15, which on seismic is approximately 5X the areal extent of our successful 1-30 light oil pool discovery. Favorable results from this well will further de-risk our Leduc Play, where we have identified 10 additional primary locations on proprietary 3D seismic, and potential for further southeast extension across our 100% owned lands,” said Ed Bereznicki, President & CEO of First Helium. “With this next drill, we are also excited about continuing to evaluate the multi-zone potential across our Worsley land base. Success in these stacked zones could provide meaningful additional value for our shareholders from multiple formations and commodities,” added Mr. Bereznicki.

The recently drilled 7-30 development well has been cased for completion and testing. Following drilling of the 7-15 well, and subject to results, necessary preparations are being made to complete, equip and tie-in both wells prior to spring break up in Alberta (a period from mid/late March through May when Provincial highway restrictions limit heavy equipment movement), further setting the stage for systematic development across the Company’s extensive 100%-owned land base.

Figure 1:
East Worsley Project Inventory

Picture1

ABOUT FIRST HELIUM

Led by a core Senior Executive Team with diverse and extensive backgrounds in Oil & Gas Exploration and Operations, Mining, Finance, and Capital Markets, First Helium seeks to be one of the leading independent providers of helium gas in North America.

First Helium holds over 53,000 acres along the highly prospective Worsley Trend in Northern Alberta which has been the core of its exploration and development drilling activities to date.

Building on its successful 15-25 helium discovery well, and 1-30 and 4-29 oil wells at the Worsley project, the Company has identified numerous follow-up drill locations and acquired an expansive infrastructure system to facilitate future exploration and development across its Worsley land base. Cash flow from its successful oil wells at Worsley has helped support First Helium’s ongoing exploration and development growth strategy. Further potential oil drilling locations have also been identified on the Company’s Worsley land base.

For more information about the Company, please visit www.firsthelium.com.

ON BEHALF OF THE BOARD OF DIRECTORS

Edward J. Bereznicki
President, CEO and Director

CONTACT INFORMATION

First Helium Inc.
Investor Relations
Email: ir@firsthelium.com
Phone: 1-833-HELIUM1 (1-833-435-4861)

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

FORWARD LOOKING STATEMENTS

This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words “anticipate”, “plan”, “continue”, “expect”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “predict”, “potential” and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning the completion of future planned activities. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the state of the equity financing markets and regulatory approval.

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company’s future operations. The Company’s actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward-looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise.

SOURCE: First Helium Inc.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/695cd8e5-7291-4f66-b2f9-a6bdc7d7928e

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CallTower and Five9 Announce Global Select Resale Partnership https://thegbm.com/calltower-and-five9-announce-global-select-resale-partnership/ https://thegbm.com/calltower-and-five9-announce-global-select-resale-partnership/#respond Mon, 03 Feb 2025 08:05:00 +0000 https://thegbm.com/calltower-and-five9-announce-global-select-resale-partnership CallTower and Five9 to deliver seamless collaboration and customer experiences with Operator Connect for Microsoft Teams and leading contact center software

SALT LAKE CITY, UT, ROCHESTER, NY, MONTREAL, QC, LONDON, Feb. 03, 2025 (GLOBE NEWSWIRE) — CallTower, a global leader in delivering unified communications, contact center, and collaboration solutions, including Microsoft Teams, Webex by Cisco, and Zoom, is proud to announce an innovative resale Partnership with Five9, a leading provider of cloud contact center solutions. This partnership is designed to bring a seamless integration of CallTower’s Operator Connect for Microsoft Teams offering with Five9’s cutting-edge contact center platform, setting a new standard in Unified Communications as a Service (UCaaS) and Contact Center as a Service (CCaaS) solution.  

Through this collaboration, businesses will benefit from a turnkey solution that integrates Five9’s world-class contact center capabilities with CallTower’s Operator Connect for Microsoft Teams offering delivered by Five9. Customers can expect to experience unparalleled communication, featuring bi-directional presence capabilities, real-time collaboration, and unified reporting under a single vendor. 

“This partnership with Five9 is an important milestone in our commitment to delivering advanced communication solutions. By combining our Operator Connect solution with Five9’s intelligent CX platform, we’re providing businesses with the tools they need to enhance both customer and employee experiences in meaningful ways,” said Doug Larsen, CallTower Senior Vice President of Product and Software Development. 

William Rubio, CallTower Chief Revenue Officer, emphasized the market impact: “The synergy between CallTower and Five9 creates an opportunity for businesses to simplify their communications stack. This partnership positions us to drive innovation while meeting the evolving needs of enterprises globally combining Microsoft Teams Operator Connect with Five9’s robust CX platform.” 

Jake Butterbaugh, SVP of Five9 Global Partner Organization, echoed, “Our collaboration with CallTower enhances our ability to deliver a fully unified solution that meets the demands of modern businesses. By leveraging Five9’s AI and automation capabilities alongside CallTower’s Operator Connect services, we can provide organizations with the tools they need to thrive in today’s competitive landscape.” 

This partnership emphasizes both companies’ commitment to innovation and customer success. With plans to expand connectivity to new geographies and offer targeted training for integration, CallTower and Five9 are poised to redefine the communication technology landscape. 

About CallTower  

Transforming how we connect across the globe! Dive into the future of global communication with CallTower, where the forefront of innovation meets the vast expanse of connectivity. CallTower is revolutionizing communications through cutting-edge technology.  CallTower delivers seamless MS Teams, Zoom, and Webex voice solutions elevated by the integration of AI technology, comprehensive contact center solutions and one-click failover, marking a significant milestone in the communication landscape.  

Since its establishment in 2002, CallTower has evolved into a global cloud-based, enterprise-class cloud communications (unified communications, contact center and collaboration) solutions provider, catering to the needs of expanding businesses globally. CallTower offers and supports cutting-edge solutions such as Operator Connect for Microsoft® Teams, MS Teams Direct Routing, GCC High Teams Direct Routing, Microsoft® 365, Cisco® Webex Calling / UCM, Cisco® CCP, Zoom Phone, Zoom (BYOB), and a range of contact center options, including Five9 for business customers.  

For more information about CallTower and its award-winning services, please contact marketing@calltower.com  

CONTACT: Kade Herbert CallTower, Inc. 8003475444 marketing@calltower.com 

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M0.0NSHOT Zero, the world’s first net zero carbon shoe, pushes the boundaries of sustainable footwear https://thegbm.com/m0-0nshot-zero-the-worlds-first-net-zero-carbon-shoe-pushes-the-boundaries-of-sustainable-footwear/ https://thegbm.com/m0-0nshot-zero-the-worlds-first-net-zero-carbon-shoe-pushes-the-boundaries-of-sustainable-footwear/#respond Mon, 03 Feb 2025 08:01:00 +0000 https://thegbm.com/m0-0nshot-zero-the-worlds-first-net-zero-carbon-shoe-pushes-the-boundaries-of-sustainable-footwear Available to buy for the first time, the style combines Allbirds’ minimalist design principles with regenerative farming practices to achieve a landmark footprint

SAN FRANCISCO, Feb. 03, 2025 (GLOBE NEWSWIRE) — The future of footwear is here. Beginning February 6, shoppers can finally get their hands–and feet–on Allbirds’ M0.0NSHOT Zero, the highly anticipated world’s first net zero carbon shoe*. It combines cutting-edge ingenuity with age-old agricultural practices by harnessing the power of carbon-negative materials, such as regenerative wool.

With a limited edition run of 500 pairs, M0.0NSHOT Zero will be available to buy for the first time in select cities including New York, London, Dubai, Tokyo, and Seoul. A groundbreaking innovation in sustainable footwear, each pair is labeled with its unique production number–out of 500–to signify their rare nature and this historic achievement.

M0.0NSHOT Zero is a testament to the meticulous work Allbirds has done over the past decade to systematically reduce the climate impact of its products. In both sustainability and design, the product pushes beyond any of the brand’s previous creations. As much as M0.0NSHOT Zero is a feat of science and innovation, it is equally–if not more so–a story about returning to the root of creation: nature. That’s largely thanks to carbon-negative, regenerative wool. The material reversed a fundamental principle of sustainable design: instead of constantly trying to reduce, Allbirds’ design team was instead encouraged to utilize a greater share of the wool to lower the style’s carbon footprint.

“M0.0NSHOT Zero is the ultimate pursuit of product purity, stripping away everything superfluous to allow the wool to be the hero,” said Jamie McLellan, designer, Allbirds. “We needed to find ways to use more regenerative wool to help us counter other more stubborn parts of the carbon equation. As a result, we used wool to wrap the entirety of the upper and the midsole, giving the shoe a modern and monolithic look that feels fitting for footwear of the future.”

The carbon-negative, regenerative wool is exclusively sourced from New Zealand’s Lake Hawea Station (LHS), a farm that sequesters more carbon than it emits due to regenerative practices like native plantings, protecting large areas of regenerating forest, new pasture species, and more. LHS is among the leaders in the movement to return to regenerative growing techniques used for many millennia, working in harmony with nature to improve human, animal and environmental outcomes.

“As we imagine and bring to life a more sustainable future, there is an enormous creative opportunity to develop and express an entirely new design language,” said Tim Brown, Co-Founder, Allbirds. “M0.0NSHOT Zero is just the first step, and we believe we have only scratched the surface of what is possible when we tangibly commit to making things better, today.”

For brands looking for help or resources to follow suit, Allbirds published an open-sourced, free for the taking toolkit that uncovers key innovations that made this milestone possible. It details leading-edge methodologies and materials like bio-based midsole foam; methane-capture bioplastic; sugarcane-derived, carbon-negative Green PE packaging; and more. The toolkit is available on the Allbirds website for anyone to download – and, hopefully, implement.

“We’re incredibly proud to bring M0.0NSHOT Zero to market, but we also recognize that hard work is still ahead for all of us to ensure this world’s first is not the world’s last,” said Aileen Lerch, Director of Sustainability, Allbirds. “We see a real opportunity for the fashion industry to be an engine for innovation and inspiration in the climate fight. Solutions exist today, many of them all around us in the natural world, if we would step boldly into the pursuit of progress over perfection at scale.”

M0.0NSHOT Zero is the result of Allbirds’ unwavering commitment to making better things in a better way. The project began in 2022, when Allbirds’ teams set their sights on creating a net zero carbon shoe – a moonshot goal, especially when compared to the footprint of an industry average sneaker (14 kg CO₂e, based on Allbirds’ estimates). This landmark achievement demanded meticulous design and research across materials, manufacturing and transportation. After more than a year of detailed development and dozens of iterations, Allbirds unveiled its first prototype in 2023, and began work to bring it to market.

How to shop
M0.0NSHOT Zero will be sold exclusively in-store in five cities, beginning first with stores in New York and London. Consumers can shop M0.0NSHOT Zero in:

  • New York: February 6 at Allbirds SoHo
  • London: February 6 at Allbirds Covent Garden and Selfridges
  • Dubai: February 7 at Allbirds Dubai Mall
  • Seoul: April 1 at Allbirds Parnas Mall Store
  • Tokyo: Spring 2025 at Allbirds Marunouchi

M0.0NSHOT Zero is available in sizes Unisex 6-11** for $200 USD.
**U6 (M6/W7.5), U7 (M7/W8.5), U8 (M8/W9.5), U9 (M9/W10.5), U10 (M10/W11.5), U11 (M11/W12.5)

To learn more about M0.0NSHOT and see the toolkit, visit: www.allbirds.com/moonshot

*About M0.0NSHOT’s product carbon footprint calculation:
Here’s how we account for net zero:

  • First, we started by working with The New Zealand Merino Company’s regenerative wool program, ZQRX, to source M0.0NSHOT’s wool from Lake Hawea Station.
  • Second, we calculated the specific farm-level carbon footprint of Lake Hawea Station. The organizational carbon footprint that forms the starting point for the allocation was developed independently of this project and verified by Toitū Envirocare, a New Zealand-based B Corp and carbon certification business.
  • Then, we collaborated with The New Zealand Merino Company to translate this farm footprint into a product-level wool material carbon intensity for M0.0NSHOT.
  • This new wool carbon intensity is used to calculate the product’s carbon footprint using the Allbirds Life Cycle Assessment (LCA) Tool, with modifications. The initial Allbirds LCA Tool was third-party verified against the requirements of ISO 14067, which specifies principles, requirements and guidelines for calculating the carbon footprint of a product.
  • The carbon footprint of M0.0NSHOT accounts for on-farm carbon sequestration, in addition to emissions, which is a deviation from standard industry practice. As a result, the calculated carbon footprint for M0.0NSHOT, unlike Allbirds’ standard products, is not fully aligned to ISO 14067.
  • However, Allbirds believes this wool carbon intensity value captures a more comprehensive model of the total emissions fluxes happening on-farm.

About Allbirds, Inc.
Based in San Francisco, with its roots in New Zealand, Allbirds launched in 2016 with a single shoe: the now iconic Wool Runner. In the years since, Allbirds has sold millions of pairs of shoes, and has maintained its commitment to incredible comfort, versatile style and unmatched quality. This is made possible with materials like Allbirds’s sugarcane-based midsole technology, SweetFoam™, and textiles made with tree fibers and Merino wool – so consumers don’t have to compromise between the best products and their impact on the earth. www.allbirds.com

Contact
press@allbirds.com

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RentFi — Revolutionizing Real Estate Investment with Blockchain Technology https://thegbm.com/rentfi-revolutionizing-real-estate-investment-with-blockchain-technology/ https://thegbm.com/rentfi-revolutionizing-real-estate-investment-with-blockchain-technology/#respond Sun, 02 Feb 2025 19:11:00 +0000 https://thegbm.com/rentfi-revolutionizing-real-estate-investment-with-blockchain-technology ROAD TOWN, British Virgin Islands, Feb. 02, 2025 (GLOBE NEWSWIRE) — RentFi, the first Real Estate Investment Trust on blockchain, announced the launch of its token on February 5, 2025. RentFi integrates blockchain technology to make real estate investment accessible, offering rental income distribution without high entry costs, legal complexities, or management responsibilities of traditional property ownership.

The platform is transforming real estate investment by offering global investors access to rental income through their $RENT tokens. Combining the stability of real estate with the efficiency of blockchain technology, RentFi helps individuals benefit from rental yields without the traditional complexities of property ownership.

RentFi Limited

Image by RentFi

Through $RENT tokens, the project provides holders with exposure to diversified real estate returns. With a unique 50/50 mechanism, RentFi distributes 50% of rental income to holders for passive income, and the other 50% is allocated to buybacks and burns, promoting scarcity and value appreciation for token holders.

“Real estate has long been a stable and profitable asset class, but traditional investment methods come with high barriers to entry. RentFi removes these obstacles, allowing anyone to benefit from rental property income without the common complexities of ownership,” said the RentFi Foundation.

The project stands out through several innovative features:

  • Token holders benefit from rental yields across a portfolio of properties, reducing risks tied to single-property investments
  • Regular token buybacks and burns decrease the circulating supply, raising token value over time
  • Built on Solana, the platform ensures fast, low-cost transactions, further improving accessibility and scalability
  • With a capped supply of 100 million tokens, RentFi’s deflationary design ensures long-term value for its community

“The popularity of blockchain technology has created new ways to democratize investments. RentFi takes full advantage of this by combining real estate’s stability with the efficiency and transparency of the blockchain, offering investors a scalable and flexible opportunity to generate passive income,” stated the RentFi Foundation.

RentFi’s model opens real estate markets traditionally dominated by institutions and high-net-worth individuals. “Our mission is to democratize real estate investment and provide a secure, scalable ecosystem for everyone,” the Foundation explained. “From automated income distribution to simple token trading, we’re creating an inclusive platform that’s both intuitive and transparent.”

RentFi will officially launch their token on February 5, 2025. For more information and to get involved, visit rentfi.io and follow their social media: x.com/RentFi_io

About RentFi

RentFi Limited is the REIT of the Blockchain, pioneering a new era of real estate investment. Embracing blockchain technology, RentFi simplifies property investment, providing token holders with consistent income and growth opportunities. With its innovative mechanisms and community-driven approach, RentFi aims to redefine the intersection of real estate and blockchain.

Media Contact

Block Consulting — https://blockconsulting.cc
contact@blockconsulting.cc 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3b73d19e-7fe0-4e97-ad1a-18faaa112d2e

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Restaurants Canada statement on U.S. trade tariffs and Canadian retaliatory measures https://thegbm.com/restaurants-canada-statement-on-u-s-trade-tariffs-and-canadian-retaliatory-measures/ https://thegbm.com/restaurants-canada-statement-on-u-s-trade-tariffs-and-canadian-retaliatory-measures/#respond Sun, 02 Feb 2025 18:30:00 +0000 https://thegbm.com/restaurants-canada-statement-on-u-s-trade-tariffs-and-canadian-retaliatory-measures Toronto, Feb. 02, 2025 (GLOBE NEWSWIRE) — The Canadian restaurant and foodservice industry is deeply concerned about the 25% tariffs announced by President Trump. These tariffs, along with retaliatory measures, threaten jobs, increase operational costs, and will raise prices on both sides of the border, impacting the daily lives of Canadians and Americans.

We support the federal government in doing everything in its power to protect Canada’s interests and resolve the dispute as quickly as possible. The Canadian and U.S. food production and foodservice industries are deeply intertwined, so any action that affects one will inevitably hurt the other.

We urge the government to consider exempting food and food packaging from retaliatory tariffs, as these essential, perishable items will only exacerbate inflation. The foodservice industry, valued at $120 billion, is the 4th largest employer in the country, employing 1.2 million people across small and medium-sized businesses in every community. Our industry is very vulnerable to cost increases after a challenging five years and is still facing significant debt and inflationary pressures from the pandemic.

If the trade dispute results in major and sudden job loss, we urge the government to prioritize job retention through wage support, like it did during COVID, rather than immediately resorting to EI measures. Direct support will protect workers, sustain businesses, and reduce pressure on food banks, enabling recovery once the tariffs are lifted.

We are meeting with key cabinet ministers and their staff early this week to discuss the impact on our industry and ways to mitigate it, while still making sure Canada’s response is impactful. We are also collaborating with Premiers across Canada to immediately address interprovincial trade barriers, increasing our ability to buy Canadian and supporting economic growth. 

Premiers can help the restaurant industry adjust to the challenges ahead by deepening alcohol wholesale discounts, especially in provinces like Ontario and British Columbia, where American products are being pulled off the shelves of liquor distributors.

We will continue to monitor the situation, providing updates on the effects of U.S.-led tariffs and Canadian retaliatory measures on the foodservice industry, while considering the long-term diplomatic implications for Canada-U.S. relations. 

Kelly Higginson, President and CEO, Restaurants Canada

About Restaurants Canada

Restaurants Canada is a national, not-for-profit association advancing Canada’s diverse and dynamic foodservice industry. Restaurants are a $120 billion industry employing nearly 1.2 million Canadians and is the number one source of first-time jobs in Canada.

 

CONTACT: Milena Stanoeva Restaurants Canada 6479211758 media@restaurantscanada.org 

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ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages Novo Nordisk A/S Investors to Secure Counsel Before Important Deadline in Securities Class Action – NVO https://thegbm.com/rosen-a-highly-recognized-law-firm-encourages-novo-nordisk-a-s-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-nvo/ https://thegbm.com/rosen-a-highly-recognized-law-firm-encourages-novo-nordisk-a-s-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-nvo/#respond Sun, 02 Feb 2025 00:30:00 +0000 https://thegbm.com/rosen-a-highly-recognized-law-firm-encourages-novo-nordisk-a-s-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-nvo NEW YORK, Feb. 01, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action on behalf of purchasers of securities of Novo Nordisk A/S (NYSE: NVO) between November 2, 2022 and December 19, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 25, 2025.

SO WHAT: If you purchased Novo Nordisk securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Novo Nordisk class action, go to https://rosenlegal.com/submit-form/?case_id=34168 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 25, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, during the Class Period, defendants provided overwhelmingly positive statements to investors  concerning the details of, and expectations for, Novo Nordisk’s phase 3 CagriSema study on obesity, named “REDEFINE-1.” Defendants’ statements failed to disclose or otherwise misled investors as to the nature of the dosages provided to patients in the study. Defendants’ statements further included, among other things, significant confidence in Novo Nordisk’s expectations for the study, in particular a minimum expected 25% average weight loss for obesity patients treated with CagriSema in the REDEFINE-1 study. Defendants provided these overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of Novo Nordisk’s REDEFINE-1 trial protocol; notably, that it was a “flexible protocol” which gave patients the ability “to modify their dosing throughout the trial.” When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Novo Nordisk class action, go to https://rosenlegal.com/submit-form/?case_id=34168 or call Phillip Kim, Esq. at 866-767-3653 or email case@rosenlegal.com for more information.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        case@rosenlegal.com
        www.rosenlegal.com

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ROSEN, A LEADING FIRM, Encourages Polestar Automotive Holding UK PLC Investors to Secure Counsel Before Important Deadline in Securities Class Action First Filed by the Firm – PSNY https://thegbm.com/rosen-a-leading-firm-encourages-polestar-automotive-holding-uk-plc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-first-filed-by-the-firm-psny/ https://thegbm.com/rosen-a-leading-firm-encourages-polestar-automotive-holding-uk-plc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-first-filed-by-the-firm-psny/#respond Sat, 01 Feb 2025 23:37:00 +0000 https://thegbm.com/rosen-a-leading-firm-encourages-polestar-automotive-holding-uk-plc-investors-to-secure-counsel-before-important-deadline-in-securities-class-action-first-filed-by-the-firm-psny NEW YORK, Feb. 01, 2025 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of Polestar Automotive Holding UK PLC (NASDAQ: PSNY) between November 14, 2022 and January 16, 2025, both dates inclusive (the “Class Period”). A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 31, 2025 in the securities class action first filed by the Firm.

SO WHAT: If you purchased Polestar securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Polestar class action, go to https://rosenlegal.com/submit-form/?case_id=33703 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 31, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Polestar’s financial statements during the Class Period were materially misstated; (2) Polestar understated its internal control weaknesses; and (3) as a result, defendants’ statements about Polestar’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Polestar class action, go to https://rosenlegal.com/submit-form/?case_id=33703 call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

Attorney Advertising. Prior results do not guarantee a similar outcome.

——————————-

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        case@rosenlegal.com
        www.rosenlegal.com

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Media Advisory: OFL joins Thunder Bay ONDP candidates for a labour and community canvass to build the Ontario We Need https://thegbm.com/media-advisory-ofl-joins-thunder-bay-ondp-candidates-for-a-labour-and-community-canvass-to-build-the-ontario-we-need/ https://thegbm.com/media-advisory-ofl-joins-thunder-bay-ondp-candidates-for-a-labour-and-community-canvass-to-build-the-ontario-we-need/#respond Sat, 01 Feb 2025 15:23:00 +0000 https://thegbm.com/media-advisory-ofl-joins-thunder-bay-ondp-candidates-for-a-labour-and-community-canvass-to-build-the-ontario-we-need THUNDER BAY, Ontario, Feb. 01, 2025 (GLOBE NEWSWIRE) — Ontario Federation of Labour (OFL) President Laura Walton will be in Thunder Bay this weekend to support ONDP candidates Lise Vaugeois and Judith Monteith-Farrell ahead of the upcoming provincial election. Walton will join campaign teams to connect with the community, hear from workers, and discuss the urgent need to elect a strong, pro-worker government that will make life more affordable, protect public services, and build the Ontario we all need.

EVENT DETAILS

Sunday, February 2, 2025 – Canvass with Lise Vaugeois

  • Time: 2:00 PM
  • Location: ONDP MPP Candidate Lise Vaugeois’ Campaign Office, 632 Fort William Road (2nd Floor), Thunder Bay, ON (map)
  • Walton will join local volunteers before heading out to canvas in the riding.

Monday, February 3, 2025 – Canvass with Judith Monteith-Farrell

  • Time: 3:30 PM – 6:30 PM
  • Meeting Point: OPSEU Office, 326 Memorial Ave, Thunder Bay, ON P7B 3Y3 (map)
  • Walton will join campaigners to knock on doors and connect with voters.

Media are invited to attend and speak with Laura Walton and the candidates about the issues facing workers in Thunder Bay and across Ontario.

Media Contact:

Jenny Sellathurai
Director of Communications | OFL
jsellathurai@ofl.ca
416-894-3456

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Keynode Launches Advanced Liquidity Pooled Staking Plans for Crypto Stakers https://thegbm.com/keynode-launches-advanced-liquidity-pooled-staking-plans-for-crypto-stakers/ https://thegbm.com/keynode-launches-advanced-liquidity-pooled-staking-plans-for-crypto-stakers/#respond Sat, 01 Feb 2025 15:20:00 +0000 https://thegbm.com/keynode-launches-advanced-liquidity-pooled-staking-plans-for-crypto-stakers NEW YORK, Feb. 01, 2025 (GLOBE NEWSWIRE) — As crypto adoption goes mainstream, Keynode, a crypto staking platform, has launched its new Liquidity Pooled Staking services. This feature gives you more flexibility and better crypto staking rewards. To many, it’s going to change the staking space and also solve the problems in the staking ecosystem.

Liquidity Pooled Staking is a game-changer for crypto staking platforms. It combines staking with liquidity solutions so that new and seasoned investors can unlock their crypto’s full potential and support the blockchain networks.

KeyNode

Boost Your Experience: Keynode Launches $100 Welcome Bonus Initiative

Solving Crypto Staking Challenges Through Innovation

Crypto Staking, the process of locking up cryptocurrency to secure the blockchain, has been limited by high thresholds, technical complexity and not being able to access the staked assets. The platform’s Liquidity Pooled Staking removes these barriers by offering a user-friendly approach where you can stake with minimal requirements and have liquidity at the same time.

You will no longer need 32 ETH to stake Ethereum, nor will you need to run complex validator nodes. The staking platform simplifies everything making staking accessible to everyone. The staking platform bridges the gap between crypto staking rewards and liquidity so that you can earn without compromising access to your assets.

Secure and Flexible crypto Staking

By partnering with regulated entities, the staking platform ensures your funds are protected to the highest industry standards. Additionally, they offer customizable staking options to fit your investment goals. You can optimize your strategy without being locked into a specific staking plan.

It’s easy to use and 24/7 support makes the experience even better. Whether you’re a new investor or a seasoned staker, the platform is designed to simplify the staking process for everyone.

Introducing Competitive Crypto Staking Rewards

These Liquidity Pooled Staking plans also bring a competitive edge in terms of crypto staking rewards. By participating in the program, you can earn staking rewards twice a week across multiple assets including ETH, SOL, MATIC, and many more.

The dual payout structure and transparent reward system mean you can stake and have access to your funds. This balance of liquidity and rewards is the unique value proposition of the staking platform to the crypto community.

Key Features of the Staking Platform

Low Staking Threshold: No big upfront investment required; you can start staking with just $100.

Multiple Assets: Stake popular cryptos like ETH, SOL, and ADA.

Regular Rewards: Get paid twice a week from staked assets.

Easy to Use: Simple platform and 24/7 support for hassle-free staking.

Flexible Contracts: Choose from various staking plans for short or long term.

Making Crypto Accessible and Innovative

Founded by blockchain enthusiasts who were frustrated with traditional staking the staking platform is committed to making crypto staking accessible to all. By lowering the participation threshold and offering innovative solutions like Liquidity Pooled Staking Keynode will offer some of the best rewards in the staking industry.

In addition to staking services, the platform has an affiliate program to support community engagement. They give up to 4% referral commissions and instant payouts so that users can share the benefits of the platform and earn more.

About Keynode

Keynode is a crypto staking platform focused on unlocking liquidity and maximizing staking rewards for its users. By employing advanced security measures and user-friendly technology, Keynode empowers investors to explore the full potential of their digital assets with confidence.

Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. Cryptocurrency mining and staking involves risk. There is potential for loss of funds. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

Media Contact:

Kiven Scott
1325 Avenue of the Americas, New City, NY, United States, New York
info@keynode.net
(+1) 678-310-6834

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1987730f-d454-4806-acc0-2e226e54ae8e

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