CannTrust Announces Restructuring Support Agreement with Key Class Action Plaintiffs and their Counsel
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Parties agreed to settle litigation by way of CCAA Plan of Arrangement
VAUGHAN, ON, Jan. 20, 2021 /PRNewswire/ - CannTrust Holdings Inc. ( CannTrust or the Company ) (unlisted) announced today that it has entered into a Restructuring Support Agreement ( RSA ) with plaintiffs who have commenced litigation in Canada and the United States (the Securities Claims ) asserting claims against CannTrust and others on behalf of a global class of CannTrust shareholders (together, the Securities Claimants ) and their legal counsel. The RSA provides a comprehensive framework for settling the Securities Claims under a Court-approved plan of compromise, arrangement and reorganization ( Plan of Arrangement ) pursuant to the
Lithium Americas Announces Proposed Public Offering of Common Shares
VANCOUVER, British Columbia, Jan. 19, 2021
Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) today announced that it intends to offer and sell, subject to market conditions, shares of its common stock (the “
Common Shares”) in an underwritten public offering (the “
Offering”). All of the Common Shares to be sold in the Offering will be offered by Lithium Americas. The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering. Lithium Americas also expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the Common Shares (the “
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MaxLinear Joins the O-RAN ALLIANCE
January 20, 2021 GMT
CARLSBAD, Calif. (BUSINESS WIRE) Jan 20, 2021
MaxLinear, Inc. (NYSE: MXL), a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits, announced today that it has joined the O-RAN ALLIANCE, a world-wide community of mobile network operators and technology suppliers whose mission is to re-shape the Radio Access Network (RAN) industry towards more intelligent, open, virtualized and fully interoperable mobile networks.
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Open RAN provides operators with a new opportunity to build their radio networks using interoperable network equipment sourced from different best-in-class infrastructure suppliers. High-performance, flexible, and cost-effective Radio Units (RUs) are key elements to every Open RAN network. MaxLinear’s transceiver solutions provide a proven software-defined radio pl
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Vancouver, BC, Canada - First Majestic Silver Corp. ( First Majestic or the Company ) is pleased to announce the Company s fourth quarter and full year 2020 production results, as well as production and cost guidance for 2021. The Company s fourth quarter and full year 2020 financial results are scheduled to be released on February 18, 2021.
Q4 2020 HIGHLIGHTS
- Total production reached 5.5 million silver equivalent ounces, representing a 5% increase over the prior quarter.
- Silver production reached 3.5 million ounces, representing a 9% increase over the prior quarter and the Company s second highest quarterly silver production.
- Gold production reached 26,343 ounces, representing a 2% increase from the prior quarter.