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The Week in Canadian Press Releases: 10 Stories You Need to See

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A roundup of the most newsworthy press releases from Cision Distribution this week

TORONTO, Nov. 22, 2024 /CNW/ – With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

Public Test of Alert Ready on November 20, 2024 
The Canadian Radio-Television and Telecommunications Commission (CRTC) requires wireless service providers and broadcasters to send at least one test alert per year, either in May during Emergency Preparedness Week and/or in November. Participation in the testing of Alert Ready is at the sole discretion of each provincial and territorial emergency management organization (EMO). The test message will simulate an emergency alert, beginning with the alert tone, known as the Canadian Alert Attention Signal. The message will indicate that it is a test and does not require action from the public.Clarivate Reveals Highly Cited Researchers 2024 List 
Analysts at the Institute for Scientific Information (ISI)™ have recognized 6,636 Highly Cited Researchers in 2024 from more than 1,200 institutions in 59 nations and regions. The rigorous evaluation and selection process draws on data from the Web of Science Core Collection™ citation index, together with qualitative analysis performed by experts at the ISI at Clarivate™. The list provides valuable insights into the global landscape of top research talent and identifies trends across countries, regions and institutions. Mainland China and Hong Kong SAR made sizeable gains, while the United States gradually lost share. This trend reflects a geographic, political and cultural rebalancing of top-tier scientific and scholarly contributions.Skip Unveils Canada’s Most Wanted Bites and TikTok-Worthy Treats with 2024 Order Trends 
“Our annual ordering trends once again showcase the fabulous flavours that are fueling our cravings across the country,” said Melanie Fatouros-Richardson, VP of Communications & Government Relations at Skip. “With appetite for convenience reaching new heights, this year we continued to expand the roster of iconic brands available on Skip, launching Starbucks, Rexall and Shake Shack! We’re continuing to deliver the goods from coast to coast, so Canadians can get back to the good part of their day, whether it’s a cozy night in, family movie night or a much-needed breakfast in bed!”Tim Hortons Holiday Smile Cookie campaign is here, with 100% of proceeds donated to local charities and community groups, including Tim Hortons Foundation Camps 
Tim Hortons second-annual Holiday Smile Cookie campaign is back today until Nov. 24 with 100 per cent of proceeds donated to local charities and community groups, including Tim Hortons Foundation Camps. “Since 1996, Canadians have shown incredible support for our iconic Smile Cookie program, which has now raised over $129 million for charities and community groups. Last year we launched the inaugural Holiday Smile Cookie campaign and it was an amazing success, raising $9.8 million. We’re looking forward to serving Canadians millions of hand-decorated Holiday Smile Cookies starting today and together supporting over 400 local charities and community groups, including Tim Hortons Foundation Camps.”Roche Canada Announces New Informatics Jobs in Ontario’s Life Sciences Sector
Hoffmann-La Roche Limited (Roche Canada) is pleased to announce, with support from the Government of Ontario through its agency, Invest Ontario, the addition of up to 250 new jobs to Ontario. Most of these highly-skilled, technical jobs will be in innovative areas like artificial intelligence (AI), machine learning, computational biology, and data analytics and will be part of Roche’s Global Informatics function. The jobs will address real challenges in healthcare by advancing Roche’s understanding of diseases and helping deliver innovations faster to patients. This marks the first collaboration of this kind for Roche Canada with Invest Ontario, which will help further Ontario’s ambition of becoming a global leader in life sciences. RECONAFRICA ANNOUNCES AN OPERATIONAL UPDATE, APPOINTMENT OF DIRECTORS AND THE FILING OF QUARTERLY FINANCIAL REPORTS 
The Company is currently drilling ahead on the Naingopo exploration well at a depth of approximately 4,000 metres (13,125 feet). On completion of drilling activities, the Company will undertake a comprehensive logging and coring program, and perform a vertical seismic profile of the well. Results of the well will be provided following a thorough analysis of an extensive logging program and any obtained oil or natural gas samples. Joining the Board of Directors as an independent director is W. Derek Aylesworth, an independent businessman. Mr. Aylesworth has over 30 years of experience in the Canadian oil and gas industry having previously served as Chief Financial Officer of TSX listed Seven Generations Energy and TSX and NYSE listed Baytex Energy Corporation.GROUPE DYNAMITE PRICES INITIAL PUBLIC OFFERING OF SUBORDINATE VOTING SHARES 
Groupe Dynamite Inc. (“Groupe Dynamite” or the “Company”) announced today that it has obtained a receipt for its final base PREP prospectus filed with the securities regulatory authorities of all provinces and territories in Canada with respect to its initial public offering, and has entered into an underwriting agreement with respect to the offering of an aggregate of 14,285,715 subordinate voting shares of Groupe Dynamite at a price of $21 per share. The shares are being sold to the underwriters by the selling shareholders for gross proceeds to the selling shareholders of approximately $300,000,015.Orla Mining Announces Strategic Expansion into Canada with Acquisition of the Musselwhite Gold Mine
Orla Mining Ltd. (TSX: OLA) (NYSE: ORLA) (“Orla” or the “Company”) is pleased to announce it has entered into a definitive agreement (the “Agreement”) to acquire the Musselwhite Gold Mine (“Musselwhite”) in Ontario from Newmont Corporation (“Newmont”) for upfront cash consideration of $810 million and gold-price linked contingent consideration of $40 million (the “Transaction”)1. The cash consideration will be financed through a combination of cash, existing undrawn debt capacity, new indebtedness, a gold pre-pay facility, and convertible notes led by Orla’s existing cornerstone investors. There is no upfront equity dilution associated with the Transaction.Manulife President & CEO Roy Gori Announces His Intention to Retire in May 2025 
Manulife Financial Corporation’s (MFC) Board today announced that President and Chief Executive Officer Roy Gori has informed them of his intention to retire, effective May 8, 2025, with Phil Witherington appointed as his successor and joining the Board of Directors at that time. “It has been my honour to serve as Manulife’s President and CEO and I’m extremely proud of our team’s many accomplishments. We’ve delivered superior operating results, de-risked our business, and become a digital customer leader in our industry,” said Mr. Gori. “These results have enabled us to deliver market leading total shareholder return and wouldn’t have been possible without the incredible dedication and engagement of our outstanding global team.”Leading Retailer Stokes Inc. Initiates Restructuring to Reposition Business and Return to Profitability 
Stokes Inc. (“Stokes” or “the Company”), the largest independent tableware and kitchenware retailer in Canada, announced today that it has initiated the process to reposition its business for future growth and profitability by securing court protection under the Companies’ Creditors Arrangement Act (“CCAA”). The difficult but necessary decision was made to facilitate the implementation of the Company’s strategy that will secure its long-term viability in the best interest of its employees, customers and suppliers. Stokes has been a cornerstone of the Canadian retail community since 1935 and like most other retailers, is adapting to fundamental changes in the industry and a deteriorating macroeconomic environment.

Read more of the latest releases from Cision, see our resources for journalists, and stay caught up on the top press releases by following @cnwnews.

About Cision Canada

Cision is a comprehensive communications platform enabling more than 100,000 public relations and marketing professionals around the world to understand, influence and amplify their stories. As the market leader, Cision enables the next generation of communication professionals to strategically operate in the modern media landscape where company success is directly impacted by public opinion. Cision has offices in 24 countries through the Americas, EMEA and APAC, and offers a suite of best-in-class solutions, including Newswire, Brandwatch, Cision Communications Cloud® and Cision Insights. To learn more, visit www.cision.ca and follow @CisionCA on Twitter.

SOURCE Cision Canada

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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XLCS Partners advises Concurrent Utility Services on sale to UniTek Global Services

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NASHVILLE, Tenn., July 23, 2026 /PRNewswire/ — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce that it served as exclusive M&A advisor to Concurrent Utility Services LLC on its acquisition by UniTek Global Services, Inc., a portfolio company of New Mountain Finance Corporation (Nasdaq: NMFC) and its affiliates, and BTG Pactual Strategic Capital.

Headquartered in Miami, Florida, Concurrent is a licensed general and electrical contractor providing infrastructure development and maintenance services to electric utilities, telecom providers, and land developers throughout the Southeast United States. The company’s capabilities span overhead and underground utility construction, professional telecom services, emergency service restoration, in-building networks, environmental services, and data center development. Backed by a safety-first culture and an experienced workforce, Concurrent has built a strong regional platform and a reputation for quality across the markets it serves.

UniTek is a leading digital infrastructure services provider supporting the expansion of fiber and data center connectivity across the U.S. and Canada. With over 600 employees and 60 locations, UniTek delivers a full suite of infrastructure services. The acquisition of Concurrent accelerates UniTek’s Power Services Division, which launched in July 2025 to broaden the company’s maintenance, repair, upgrade, and new infrastructure development services for the power sector. Concurrent’s established Southeast footprint and power capabilities directly complement UniTek’s existing broadband and data center infrastructure platform, positioning the combined company to capitalize on growing demand for resilient, modernized power infrastructure. Concurrent will continue to operate under its established brand, maintaining uninterrupted service for its customers.

“Selling Concurrent was one of the biggest decisions of my career, and Anthony, Jay, and the XLCS team guided us through every step with professionalism and genuine care for our people,” said Steve Sarno, CEO of Concurrent. “They stayed fully engaged throughout, gave us honest and thoughtful advice, kept our best interests front and center, and delivered an outcome that exceeded our expectations. I would recommend them without hesitation to any owner considering a transaction.”

XLCS acted as the exclusive M&A advisor to Concurrent, and the transaction was led by Anthony Contaldo, Partner, and Jay Cremer, Vice President. The transaction was completed on July 1, 2026.

About XLCS Partners, Inc.

XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span 
kspan@xlcspartners.com
615-379-7783

View original content to download multimedia:https://www.prnewswire.com/news-releases/xlcs-partners-advises-concurrent-utility-services-on-sale-to-unitek-global-services-302833542.html

SOURCE XLCS Partners, Inc.

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Fathom Applauds Introduction of the FRONTIER Act, the First Federal Blueprint for Independent AI Verification

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Reps. Lori Trahan (D-MA-03) and Jay Obernolte (R-CA-23) introduce a bill to build a competitive marketplace of independent verifiers for frontier AI models.

WASHINGTON, July 23, 2026 /PRNewswire/ — Fathom welcomes the introduction of the FRONTIER Act, the most complete federal framework yet for independent, third-party verification of frontier AI. The legislation is built to earn public trust as AI technology continues to accelerate. As frontier systems begin to take autonomous action in the world, the gap between what these models can do and our ability to keep them in check is widening. FRONTIER is the starting point to close that gap.

“AI governance keeps running into the same wall. The technology is hard to measure and it moves faster than any law can keep up with,” said Andrew Freedman, Co-Founder and CEO of Fathom. “Trying to write the perfect rules and freezing them in place won’t work. What will work is a competitive market of independent verifiers who are accountable for real-world outcomes and who the government can actually count on. The FRONTIER Act shows we can move fast and still get this right.”

The bill gets the fundamentals correct. It sets one public standard – the adequate mitigation of catastrophic risk – and holds both the AI companies and their independent verifiers accountable to it. FRONTIER does not freeze a single testing method into statute. Instead, it licenses competing verification organizations, allows them to sharpen their methods, and gives the government the power to revoke a license when a verifier’s work does not hold up in the field. That is how you build a system that keeps pace with the science instead of falling behind it.

Fathom thanks Reps. Trahan and Obernolte for their leadership, and for their courage in releasing a discussion draft, inviting scrutiny, and incorporating substantive improvements from across the field. One priority improvement as the bill advances: giving the government a fuller range of tools to act upstream – for pushing companies to close identified gaps in risk mitigation early, rather than only once a catastrophe is imminent. We are committed to working with these sponsors, committees of jurisdiction, and Congressional leadership to continue refining the bill in the weeks and months ahead.

About Fathom
Fathom is an independent nonprofit whose mission is to build a governance architecture that helps society navigate the transition to a world with AI by fostering trust, safety, and innovation. Fathom has developed and championed the independent verification model for AI and works with policymakers across the country to put it into practice. Learn more at http://fathom.org.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fathom-applauds-introduction-of-the-frontier-act-the-first-federal-blueprint-for-independent-ai-verification-302833546.html

SOURCE Fathom AI Inc.

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