3 d. ago Avalanche Treasury Co. Announces $675 Million+ Business Combination with Mountain Lake Acquisition Corp. with Goal to Build $1 Billion+ Ecosystem Treasury

Exclusive relationship with Avalanche Foundation, beginning with $200 million discounted token sale at announcement $675 million+ transaction, including approximately $460 million in treasury assets following equity private placement financing, assuming no MLAC redemptions 0.77x mNAV entry point delivering 23% discount to investors NEW YORK — Avalanche Treasury Co. (AVAT), an ecosystem-aligned digital asset treasury company […]

Economics

3 d. ago PenderFund Capital Management Announces Arrangements To Address Mailing Delays Resulting From Canada Post Strike

VANCOUVER, British Columbia, Oct. 01, 2025 (GLOBE NEWSWIRE) — PenderFund Capital Management Ltd. (“Pender”) announced today that the ongoing Canada Post labour disruption will impact Pender’s delivery of meeting materials to its unitholders in respect of the special meetings of certain classes of its mutual funds (“Funds”), scheduled to be held in a virtual only […]

Economics

3 d. ago Teen working at Tim Hortons allegedly offered $20K marriage proposal by manager for permanent residency

OPP said the alleged incident is being investigated and 'Canada Border Services Agency has been advised'

Economics

2 w. ago PenderFund Capital Management Proposes Fund Class Closure and Fee Alignment for Investors

VANCOUVER, British Columbia, Sept. 15, 2025 (GLOBE NEWSWIRE) — PenderFund Capital Management Ltd. (“Pender”) is announcing a proposal to simplify its mutual fund classes, offering all investors the lowest cost purchase option available within each fund. As part of this initiative, the firm has reviewed its fee structure and aims to better align with industry […]

Economics

3 w. ago Proposed $26M CIBC settlement could soon put money in Canadians' pockets

Canadians could soon claim a part of a multimillion-dollar proposed CIBC mutual funds settlement.Law firm Siskinds LLP announced on Friday that a $26-million settlement has been reached with CIBC and CIBC Trust Corporation to resolve a class action against various mutual fund trustees and managers, challenging the trailing commissions they have paid to discount brokers on mutual funds under their management.Trailing commissions, also known as trailer fees, are compensation for mutual fund dealers who advise investors. However, over the years, these commissions were also paid to discount brokers, who are not allowed to provide investment advice."It is alleged by the plaintiffs that, since no advice is provided to investors who purchase mutual funds through discount brokers, these investors receive no value for the trailing commissions that reduce the value of their mutual fund investments," reads the class action.This settlement is still subject to approval by the Onta...

Economics

4 w. ago Mulvihill Premium Yield Fund Declares Monthly Fund Distribution for its ETF Class

TORONTO, Sept. 05, 2025 (GLOBE NEWSWIRE) — (TSX: MPY) Mulvihill Premium Yield Fund has declared a monthly cash distribution for its ETF Class in the amount of $0.06400 per unit, payable on October 6, 2025 to unitholders of record on September 29, 2025. For further information, please contact Investor Relations at 416.681.3966, toll free at […]

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