Venture Breakfast Bits, by 24/7 Market News

DENVER, Colo., October 29, 2019- (24/7MarketNews via COMTEX) Venture Market News for October 29, 2019.

Trulieve Announces Proposed Public Offering of Debenture Units

TORONTO, Oct. 29, 2019 /CNW/ – Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) today announced that it is proposing an offering (the “Offering”) under its base shelf prospectus of debenture units (the “Units”). Each Unit will be comprised of one 9.75% senior secured note maturing in 2024 (the “Notes”) and a number of subordinate voting share purchase warrants (the “Warrants”) of the Company.

Full press release

Sandspring Resources proposes name change to Gold X Mining Corp., a share consolidation of 8 to 1 and formation of Strategic Advisory Board

– Paul Matysek and Brian Paes-Braga, former Lithium X executives, join Strategic Advisory Board
– Strategic Advisory Board to spearhead capital markets and corporate development initiatives
– Share consolidation intended to provide greater access for global institutional investors

DENVER and VANCOUVER, British Columbia, Oct. 29, 2019 (GLOBE NEWSWIRE) — Sandspring Resources Ltd. (TSX Venture: SSP, OTCQX: SSPXF) (“Sandspring” or the “Company”) is pleased to announce the formation of a Strategic Advisory Board to assist the Board of Directors and management with corporate and shareholder value creation. Former Lithium X executives, Paul Matysek and Brian Paes-Braga, are the founding members.

Full press release

Air Canada Reports Third Quarter 2019 Results

  • Record third quarter operating revenues of $5.553 billion
  • Operating income of $956 million
  • EBITDA of $1.472 billion, up 9 per cent over the prior year’s third quarter
  • Record unrestricted liquidity of $7.355 billion and leverage ratio of 0.8

MONTREAL, Oct. 29, 2019 /CNW Telbec/ – Air Canada today reported third quarter 2019 EBITDA(1) (earnings before interest, taxes, depreciation, amortization and impairment) of $1.472 billion compared to third quarter 2018 EBITDA of $1.351 billion, an increase of $121 million or 9 per cent. The airline reported third quarter 2019 operating income of $956 million compared to third quarter 2018 operating income of $923 million.

Full press release

MedMen Announces Additional Amendments to Gotham Green Facility – Designated News Release

MedMen Enterprises Inc. (CSE:MMEN) (OTCQX:MMNFF) (“MedMen” or the “Company”) is pleased to announce certain amendments to its US$250,000,000 senior secured convertible credit facility (the “Facility”) arranged by Gotham Green Partners.

Full press release

Canacol Energy Ltd. To Announce Third Quarter Financial Results on Thursday, November 7, 2019; Hold Conference Call on Friday, November 8, 2019

CALGARY, Alberta, Oct. 28, 2019 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX: CNE; OTCQX: CNNEF; BVC: CNEC) will announce its third quarter 2019 financial results after the market close on Thursday, November 7, 2019. Senior Management will hold a conference call to discuss results on Friday, November 8, at 9:30 AM MST / 11:30 AM ET.

Full press release

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