NEW YORK, April 16, 2021 /CNW/ - Galaxy Digital Holdings Ltd. (TSX: GLXY) ("Galaxy Digital" or the "Company") today announced the appointment of Michael Daffey, former Partner, Chairman of the Global Markets Division, and member of the Management Committee at Goldman Sachs, as a Senior Advisor and
VANCOUVER, BC, April 15, 2021 /CNW/ - Manyone, a pioneering technology venture in decentralization and digital identity, is delighted to announce that 2021 marks the second year of the strategic collaboration between Manyone and The Peer Social Foundation and the Blockchain@UBC research cl
VANCOUVER, BC, April 15, 2021 /CNW/ - TechX Technologies Inc. ("TechX'' or "the Company'') (CSE: TECX) (OTC: TECXF) (FRA: C0B1), a company focused in emerging technologies across growth sectors including: crypto, blockchain, AI and cloud technologies, is pleased to welcome  Netcoins Founder and
Evolve Plans To Launch World's First Ether ETF
TORONTO, April 16, 2021 /CNW/ - Evolve Funds Group Inc. ("Evolve") is pleased to announce that it has filed the final prospectus in plans to launch the world's first Ether ETF ("ETHR" or the "ETF"). ETHR is expected to begin trading on Tuesday, April 20, 2021 on the Toronto Stock Exchange ("TSX"), subject to TSX approval. ETHR is designed to provide investors with direct exposure to Ether, currently the world's second-largest cryptocurrency by market capitalization. "We are very excited to have launched one of the world's first bitcoin ETFs and now plan to launch the world's first Ether ETF," says Raj Lala, President and CEO at Evolve. "Similar to bitcoin, investors will now be able to trade Ether as simple as buying shares through their bank or brokerage. ETHR will provide daily liquidity, transparency and security through a regulated ETF structure." ETHR will invest directly in Ether, the cryptocurrency used to pay for transaction fees and computational services on the Ethereum network, the most actively used blockchain. All Ether transactions are recorded on the Ethereum network, which is a decentralized, open-source blockchain featuring smart contract functionality. ETHR provides investors with exposure to the daily price movements of the U.S. dollar price of Ether by utilizing the benefits of the creation and redemption processes offered by the exchange traded fund structure. ETHR will not seek exposure through derivatives or futures contracts. Gemini Trust Company, LLC ("Gemini") will act as the Sub-Custodian in respect of ETHR's holdings of Ether. The ETF will directly own Ether on the Ethereum blockchain, held in Gemini's cold storage system and protected in accordance with industry-leading protocols. The daily NAV will be calculated based on the CME CF Ether-Dollar Reference Rate ("ETHUSD_RR"), a once-a-day benchmark index price for Ether denominated in U.S. dollars and administered by benchmark administrator, CF Benchmarks Ltd. ETHUSD_RR is currently the settlement index for futures contracts listed by CME Group. CF Benchmarks Ltd is also the index provider for Evolve's Bitcoin ETF, trading on the Toronto Stock Exchange ("TSX") under the ticker symbols EBIT and EBIT.U. "Evolve's Ether ETF provides resilient exposure through a tried and trusted design – identical to the EBIT Bitcoin ETF – to one of the most mature and exciting cryptocurrency projects in the space to date," says Sui Chung, CEO at CF Benchmarks Ltd. "By tracking the CME CF Ether Dollar Reference Rate from CF Benchmarks, investors can finally add a regulated and liquid product to their portfolios that tracks the ETH spot price. Regulated financial products are vital for the continuing maturation of the cryptocurrency space." ETHR intends to invest in Ether on a passive basis, the ETF's holdings will not be actively managed and accordingly, will not be hedged or repositioned to attempt to take defensive positions if the price of Ether declines or is expected to decline. "The investment process is paramount when investing in Ether," says Elliot Johnson, Chief Investment Officer and Chief Operating Officer at Evolve. "This ETF will utilize the same professional and transactional cryptocurrency expertise of world-class custodians, counterparties and vendors, as used in our bitcoin ETF, to ensure investor confidence in their Ether investment." ETHR is available in Canadian dollar denominated unhedged units (TSX Ticker: ETHR), and U.S. dollar denominated unhedged units (TSX Ticker: ETHR.U). ETHR does not seek to hedge any foreign currency exposure in respect of either the USD Units or the CAD Units. Ether ETF TSX Symbol Unhedged Units ETHR USD Unhedged Units ETHR.U About Evolve Funds Group Inc. With approximately $1.8 billion in assets under management, Evolve is one of Canada's fastest growing ETF providers since launching its first ETF in September 2017.  Evolve is a leader in thematic ETFs and specializes in bringing disruptive innovation ETFs to Canadian investors.  Evolve's suite of ETFs provide investors with access to: (i) long term investment themes; (ii) index-based income strategies; and (iii) some of the world's leading investment managers.  Established by a team of industry veterans with a proven track record of success, Evolve creates investment products that make a difference.  For more information, please visit www.evolveetfs.com.  Join us on social media: Twitter | LinkedIn | Facebook Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs) and mutual funds. ETFs and mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs and mutual funds. Please read the prospectus for a complete description of risks relevant to ETFs and mutual funds. Investors may incur customary brokerage commissions in buying or selling ETF and mutual fund units. Please read the prospectus before investing. Commissions, management fees, expenses and applicable sales taxes all may be associated with an investment in the exchange traded funds managed by Evolve Funds Group Inc. (the "ETFs"). ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "anticipate", "believe", "intend" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Evolve undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law. CF Benchmarks Ltd Index Data is used under license as a source of information for certain Evolve Funds Group Inc. products. CF Benchmarks Ltd and its agents have no other connection to Evolve Funds Group Inc.  products and services and do not sponsor, endorse, recommend or promote any Evolve Funds Group Inc. products or services. CF Benchmarks and its agents have no obligation or liability in connection with the Evolve Funds Group Inc. products and services. CF Benchmarks and its agents do not guarantee the accuracy and/or the completeness of any index licensed to Evolve Funds Group inc. and shall not have any liability for any errors, omissions, or interruptions therein.  SOURCE Evolve ETFs
TORONTO, April 16, 2021 /CNW/ - Bald Eagle Gold Corp. ("Bald Eagle" or the "Company") (TSXV: BIG) is pleased to announce that it has engaged Adelaide Capital Markets Inc. ("Adelaide") and Hybrid Financial Ltd. ("Hybrid"), to perform services for the Company, including investor relations activities
TORONTO, April 16, 2021 /CNW/ - First Cobalt Corp. (TSXV: FCC) (OTCQX: FTSSF) (the "Company") reported its financial results for the year ended December 31, 2020. The Company closed 2020 making significant progress against its vision to produce the most sustainable battery materials and entered
CALGARY, AB, April 15, 2021 /CNW/ - Altura Energy Inc. ("Altura" or the "Company") (TSXV: ATU) is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2020 and the independent evaluation of the Company's oil and natural gas reserves (the "McDan
MAS Gold Confirmed as 100% Owner of the Greywacke and Preview North Properties
VANCOUVER, BC, April 16, 2021 /CNW/ - MAS Gold Corp. ("MAS Gold") (TSXV: MAS) is pleased to announce that it was universally successful in the binding arbitration with its former joint venture partner, Golden Band Resources Corp. ("GBN").  In his ruling, the arbitrator agreed with all evidence made by MAS Gold and has confirmed that MAS Gold is the 100% owner of the Greywacke and Preview North Properties, located in the La Ronge Gold Belt of Saskatchewan. "This ruling is a very positive development for MAS Gold," stated Mr. Ron Netolitzky, Chairman of MAS Gold. "With this  long running dispute now behind us, MAS Gold can much more easily move ahead in achieving its goal of creating an exciting gold producing company in the La Ronge gold belt area of Saskatchewan.  MAS Gold would like to thank its entire management group for their diligence in getting this issue settled, as well as our shareholders and greater stakeholders for their patience as MAS pursued this resolution." About MAS Gold Corp. MAS Gold Corp. is a Canadian mineral exploration company focused on exploration projects in the prospective La Ronge Gold Belt of Saskatchewan.  In the belt, MAS Gold Corp. operates four properties totaling 33, 843 hectares (83, 628 acres), including the Greywacke Lake, Preview-North, Elizabeth Lake and Henry Lake Properties extending along a total of roughly 60 kilometres of the geologically prospective La Ronge, Kisseynew and Glennie Domains that make up the La Ronge Gold Belt. MAS Gold's holdings include the Greywacke North, North Lake and Point gold deposits and the historically defined Elizabeth Lake copper-gold volcanic-hosted massive sulphide deposit. The Greywacke North deposit, which hosts multiple known stratabound, high-grade gold-bearing zones, has an estimated 255,500 tonnes at 9.92 g/t Au (cut-off grade of 5 grams gold/tonne) for 81,500 ounces of gold, plus an Inferred Mineral Resource of an estimated 59,130 tonnes at 7.42 g/t Au for 14,100 ounces of gold (NI 43-101 Technical Report, June 1, 2016). The North Lake deposit located at Preview North Property is estimated to contain an Inferred Mineral Resource of 14,110,000 t grading 0.92 g/t Au, hence 417,000 contained ounces of gold (NI 43-101 Technical Report, April 10, 2020) MAS Gold Corp.Jim EngdahlPresident & CEO Caution Regarding Forward-Looking Information and Statements: Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. MAS Gold cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to MAS Gold's limited operating history, the need to comply with environmental and governmental regulations, results of exploration programs on their projects and those risks and uncertainties identified in each of their annual and interim financial statements and management discussion and analysis. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, MAS Gold undertakes no obligation to publicly update or revise forward-looking information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. SOURCE MAS Gold Corp
TORONTO, April 16, 2021 /CNW/ - As previously announced on March 9, 2021, today NEI Investments confirms that the management and fixed administration fees for certain series of NEI International Equity RS Fund will be reduced according to the table below.
TORONTO, April 15, 2021 /CNW/ - On Wednesday, April 14, Alterna Savings and Credit Union (Alterna) hosted its 2021 Annual General Meeting via webcast to a record turnout. They reflected on 2020 as a year where their employees, and members, demonstrated resilience in the face of such incredible cha
MONTRÉAL, April 15, 2021 /CNW Telbec/ - BTB Real Estate Investment Trust (TSX: BTB.UN) ("BTB" or the "REIT") announced today that it will release its financial results for the first quarter 2021 (Q1 2021), on Tuesday, May 11th, 2021, before the opening of the Toronto stock market.
Canada and Ontario Provide Affordable Homes for Veterans in Ottawa
OTTAWA, ON, April 16, 2021 /CNW/ - Everyone deserves a safe and affordable place to call home. The COVID-19 crisis has made it clear that affordable housing is key to Canada and Ontario's recovery, as communities across the country and province are dealing with the devastating impacts of rising levels of homelessness and housing need. Today, the Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance, on behalf of the Honourable Ahmed Hussen, Minister of Families, Children and Social Development, and the Honourable Lisa MacLeod, Minister of Heritage, Sport, Tourism and Culture Industries, on behalf of the Honourable Steve Clark, Minister of Municipal Affairs and Housing, and His Worship, Jim Watson, Mayor of the City of Ottawa, announced $1.5 million to help create 40 homes for veterans who are experiencing or are at risk of experiencing homelessness in Ottawa. Veterans' House: The Andy Carswell Building, located at 745 Mikinak Road, is operated by the Multifaith Housing Initiative, an Ottawa-based non-profit charity that provides affordable housing. This project offers veterans access to supports to help address mental health and addictions issues. Veterans' House also includes an indoor gym, communal kitchen, barbecue facilities, and a dog park for service dogs. Residents began moving into Veterans' House this February. Funding for this project is being delivered through the Canada-Ontario Community Housing Initiative, which is a joint program by the federal and provincial governments. This builds on a previous $6.5 million investment by the Government of Canada for Veterans' House in 2019 through the National Housing Co-investment Fund, a key pillar of the federal government's National Housing Strategy. Quotes "Our Government is investing in affordable housing here in Ottawa and across Canada to help create jobs and improve the quality of life for those who need it most, including our veterans. With our partners in the province and the city, we are providing a helping hand for individuals and families in need, and in doing so, we are contributing to the economic and social well-being of those who have fought for and defended this country. This is the National Housing Strategy at work." – The Honourable Ahmed Hussen, Minister of Families, Children and Social Development and the Minister Responsible for the Canada Mortgage and Housing Corporation (CMHC) "Supporting those in dire housing need is how we build equitable prosperity for all Canadians. Multifaith Housing Initiative's Veterans' House is more than just a safe and affordable place to call home; it is also accessible with on-site supports, and will improve the quality of life for veterans in Ottawa –Vanier who have sacrificed so much for our country. This is what can be achieved when all levels of government work together." – The Honourable Mona Fortier, Minister of Middle Class Prosperity and Associate Minister of Finance and the Member of Parliament for Ottawa—Vanier "Everybody who's served Canada in uniform deserves a safe place to call home, and the National Housing Strategy is a big part of how we're going to make sure that becomes a reality. I know the great work that the folks at Veterans' House are doing, and I'm glad we're able to provide them with some additional funding to help them support our Veterans in Ottawa who need them." – The Honourable Lawrence MacAulay, Minister of Veterans Affairs and Associate Minister of National Defence "Our veterans, who stepped up to serve our country, deserve a place to call home. These heroes chose to serve our country, and now it's our turn to provide the support they deserve. We are proud to partner with all levels of government and the Multifaith Housing Initiative to make much-needed housing and supports available to Canada's military heroes." – The Honourable Steve Clark, Minister of Municipal Affairs and Housing "Veterans deserve our gratitude, and like all Ontarians, they deserve a place to call home. I'm proud that our $1.5 million joint investment has helped make this project a reality and improve the quality of life for veterans in Ottawa."  – The Honourable Lisa MacLeod, Minister of Heritage, Sport, Tourism and Culture Industries and the Member of Provincial Parliament for Nepean "The elimination of veteran homelessness is one of the targets of the City of Ottawa's 10-Year Housing and Homelessness Plan. Veterans' House is an important project, as it will provide units of permanent housing for veterans and will help improve the quality of life for its residents, as well as offer critical supports. My thanks to all partners working together to make Veterans' House a reality, and for taking action on veteran homelessness." – Mayor Jim Watson "Thank you to the Canada-Ontario Community Housing Initiative for this important contribution towards the construction of Veterans' House: the Andy Carswell Building. By providing safe housing and onsite mental health services, the Andy Carswell Building will give hope for a better future to 40 veterans who are living rough or who are at risk of becoming homeless. In a concrete way, it says we recognize and thank them for their service to Canada." – Suzanne Le, Executive Director, Multifaith Housing Initiative "The Royal Canadian Legion, Ontario Command, our Branches and Ladies Auxiliaries have supported Veterans' House since day one. The steps taken by Multifaith Housing Initiative to eradicate Veterans' homelessness in Ottawa is much needed and a great step forward. The Legion will be providing full support for our Veterans, including a full dental program paid by the Legion." – Garry Pond, President, Royal Canadian Legion Ontario Provincial Command "Being a major donor for the Veterans' House project and joining the veteran's support group are just two of the many ways we are giving back to those who have served our country and their families. We have been eager supporters of the Multifaith Housing Initiative community and share their passion to make a difference in meaningful ways. We are doing everything we can to help protect and stabilize veterans who are homeless or at risk of homelessness with safe, affordable housing, supportive services, and the dignity and respect they deserve." – Capt. (N) Paul Guindon (Ret'd), CEO, Commissionaires Ottawa Quick Facts In addition to the $1.5 million announced today, the Government of Canada previously announced $6.5 million in funding for Veterans' House from the National Housing Co-Investment Fund (NHCF), a program of the National Housing Strategy (NHS). The City of Ottawa has also contributed $760,000 towards Veterans' House. The Canada-Ontario Community Housing Initiative (COCHI) provides funding to repair, regenerate and expand community housing so tenants can live in a home that is affordable. It can also be used to support community housing providers whose original program arrangements are expiring and help them to become more sustainable. COCHI is a program under the CMHC-Ontario Bilateral Agreement. This 10-year agreement provides more than $5.75 billion to protect, renew and expand community housing, support Ontario's priorities related to housing repair, construction and affordability, and deliver direct affordability support to Ontarians who need housing. The Government of Canada is currently rolling out its National Housing Strategy, an ambitious 10-year, $70+ billion plan that will create 160,000 new housing units and lift 530,000 families out of housing need, as well as repair and renew more than 300,000 housing units. Ontario is investing $765 million through the Social Services Relief Fund to help service managers and Indigenous program administrators protect the health of shelter staff and residents by providing PPE and measures to ensure physical distancing, create longer-term housing solutions and help vulnerable Ontarians affected by COVID-19, including those who are homeless or at risk of homelessness. The City of Ottawa is receiving over $64.7 million through this fund. Ontario is investing approximately $1.75 billion in 2020-21 as part of its Community Housing Renewal Strategy and response to COVID-19, to help sustain, repair and grow community housing and help end homelessness. This includes the Social Services Relief Fund.Associated Links As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. For more information, visit our website or follow us on Twitter, YouTube, LinkedIn, Instagram and Facebook. Ontario is committed to increasing housing supply across the province, while getting the best value for taxpayers. Cutting red tape will bring housing to market faster – leading to lower housing costs and helping people keep more of their hard-earned dollars. For more information on affordable housing in Ontario, visit ontario.ca/affordablehousing or follow us on Twitter. To find out more about the National Housing Strategy, visit www.placetocallhome.ca.  SOURCE Canada Mortgage and Housing Corporation