Connect with us

Technology

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

Published

2 years ago

on

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

TORONTO, Dec. 13, 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.

Top 10 Safest and Most Dangerous Cities to Drive in Ontario in 2024 
According to the Ontario Provincial Police, there were more car collision-related deaths on Ontario highways in 2023 than in any year since 2007, making it the deadliest year in over 15 years. In light of this sobering statistic, MyChoice, a leading insurtech company in Canada, conducted a comprehensive study to rank the province’s safest and most dangerous cities to drive in. The study employed a detailed methodology based on the weighted averages of accidents and infractions (i.e. distracted driving, speeding) with a 70/30 importance ratio, creating a comprehensive scoring system from 0 to 5. Kevin O’Leary in cooperation with the Municipal District of Greenview to develop the world’s largest AI Data Centre Industrial Park ‘Wonder Valley’ in the Greenview Industrial Gateway (“GIG”) near Grande Prairie in North West Alberta, Canada 
The Municipal District of Greenview is proud to announce a groundbreaking partnership with O’Leary Ventures to build an off-grid natural gas and geothermal power infrastructure to support the largest AI data centre industrial park in the world. The GIG has signed a Letter of Intent with O’Leary Ventures for the purchase and development of thousands of acres of land within the Greenview Industrial Gateway and to the south of the GIG. This transformative project is both a monumental achievement for Greenview and a pivotal moment for Alberta, Canada, and North America in terms of global business investment.ELNA Medical Group seeks Court protection to emerge as a resilient and thriving business 
ELNA Medical Group (the “Company” or “ELNA”) announced today that it has brought an application before the Québec Superior Court (Commercial Division) (the “Court”) to seek protection under the Companies’ Creditors Arrangement Act (“CCAA”) for the majority of its entities. Notwithstanding the Company’s significant growth and cost optimization measures taken in recent years, ELNA is facing financial pressures and has no alternative but to initiate restructuring proceedings to initiate a formal sale and investment solicitations process (“SISP”) with a view to emerging as a resilient a thriving business for the long term.CIBC lowers prime lending rate
CIBC (TSX: CM) (NYSE: CM) today announced that it is lowering its Canadian prime lending rate by 50 basis points from 5.95 per cent to 5.45 per cent, effective Thursday, December 12, 2024. CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at https://www.cibc.com/en/about-cibc/media-centre.html.Freehold Royalties Announces Strategic Midland Basin Royalty Acquisition and Bought Deal Equity Financing
“This acquisition is a successful reflection of our disciplined approach to strategic M&A, in an area we know well and further builds on the two core Midland Basin acquisitions we closed earlier this year. This fits precisely with our strategy of positioning our royalty portfolio in areas with best-in-class oil weighted reservoirs that have significant development runway under high quality operators. This transaction expands our footprint, right in the heart of the Midland Basin under ExxonMobil and Diamondback, two operators who recently completed a combined ~US$90 billion of acquisitions to increase their stakes in this extensive resource play” said David Spyker, Freehold’s President and Chief Executive Officer. CWB to reschedule fourth quarter and fiscal 2024 results release 
CWB Financial Group (TSX: CWB) (“CWB”) today announced that the release of its fourth quarter and fiscal 2024 financial results will be rescheduled. CWB deferred the release of its results from the originally planned date of December 6, 2024. CWB expects to issue the results by mid-December 2024. CWB’s conference call to review the fourth quarter and fiscal 2024 financial results will be rescheduled to follow the release of the results.CWB Provides Update on its Previous Announcement that the Release of its Q4 and Fiscal 2024 Results were Rescheduled 
The decision was triggered by our receipt of a legal claim against CWB Maxium Financial Ltd. (Maxium), a wholly owned subsidiary of CWB, very late in our process to approve and disclose our annual financial results that by its nature required prudent investigation. The self-represented claimant seeks damages in the amount of $18 Million, as well as general and punitive damages, and costs, related to the provision of certain loans to corporations affiliated with the claimant and the resolution of these loans, which is occurring through a court-approved receivership process.ELNA Medical Group obtains Creditor protection under the CCAA to pursue restructuring and commence Court-approved Sale and/or Investment Solicitation Process 
ELNA Medical Group (the “Company” or “ELNA”) announced today that the Québec Superior Court (Commercial Division) (the “Court”) has granted the Company’s application for an initial order (the “Initial Order”) under the Companies’ Creditors Arrangement Act (“CCAA”). The Initial Order appointed Raymond Chabot Inc. as monitor (the “Monitor”) and authorized debtor-in-possession financing provided by the National Bank of Canada to allow the Company to provide the stability required to continue its operations, while pursuing its restructuring efforts under the CCAA proceedings.Keurig Dr Pepper Canada Expands Beverage Portfolio with Exclusive Nestea Licensing Agreement 
Canada Dry Mott’s Inc., doing business as Keurig Dr Pepper Canada (“KDP Canada”), has entered into a long-term licensing agreement with Société des Produits Nestlé (“Nestlé Canada”), to manage the manufacturing, marketing, sales, distribution, and merchandizing of the ready-to-drink product range of the iconic Nestea brand across Canada, effective January 1, 2025. This collaboration propels KDP Canada to a leadership position in the iced tea category, integrating the country’s top-selling brand in that segment into its diverse portfolio.Four Seasons Announces Arrival to Puerto Rico in Partnership with Paulson Group 
Four Seasons and Paulson Puerto Rico announce plans for the leading hospitality and branded residential company to assume management of a resort and residences in Bahia Beach, Rio Grande. The opening will mark the entry of Four Seasons to Puerto Rico and the continued expansion of the renowned luxury brand in the Caribbean. Nestled within 483 acres (195 hectares) of lush landscaping along Bahia Beach, the property is seamlessly integrated with its natural surroundings, allowing guests and residents to immerse themselves in the beauty of Puerto Rico. The local surroundings will continue to be preserved, with interiors undergoing renovations before unveiling as Four Seasons Resort Puerto Rico in late 2025.

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

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Mastech Digital to Announce Second Quarter 2026 Financial Results; Participate in Upcoming Investor Conference

Published

38 minutes ago

on

July 24, 2026

By

PITTSBURGH, July 24, 2026 /PRNewswire/ — Mastech Digital, Inc. (NYSE American: MHH) (“Mastech Digital”), a leading provider of Digital Transformation IT Services, today announced the date for the release of its financial results for the second quarter ended June 30, 2026, and its participation in an upcoming investor conference.

Second Quarter 2026 Earnings:

Mastech Digital will report its financial results for the second quarter 2026 before the market opens on Thursday, August 6, 2026. Management will host a live conference call and webcast at 9:00 a.m. Eastern Time on that day to discuss the Company’s financial performance and operating results.  The conference call will be hosted by Nirav Patel, President and CEO, and Kannan Sugantharaman, Chief Financial and Operations Officer.

Those wishing to participate via webcast should access the call through Mastech Digital’s Investor Relations website at https://investors.mastechdigital.com. Those wishing to participate via telephone may dial in at 1-800-715-9871 (USA) or 1-646-307-1963 (International) with the passcode 7506988. The replay will be available via webcast through Mastech Digital’s Investor Relations website.

Upcoming Investor Conference:

Mr. Sugantharaman will host a fireside chat at the Sidoti Micro-Cap Investor Conference on Wednesday, August 19, 2026, at 9:15 a.m. Eastern Time.

Mastech Digital management is scheduled to host virtual one-on-one and small group meetings with investors during the conference on August 19-20, 2026. Investors interested in arranging a meeting should contact their Sidoti representative or reach out to the Mastech Digital investor relations team at investors@mastechdigital.com.

About Mastech Digital, Inc.

Mastech Digital (NYSE American: MHH) is a leading provider of Digital Transformation IT Services. The Company offers Data Management, Analytics & AI Solutions, and IT Staffing Services with a digital-first approach. A minority-owned enterprise, Mastech Digital is headquartered in Pittsburgh, PA, with offices across the U.S., Canada, Europe, and India. Visit us at www.mastechdigital.com.

Investor Relations Contact:
investors@mastechdigital.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/mastech-digital-to-announce-second-quarter-2026-financial-results-participate-in-upcoming-investor-conference-302834421.html

SOURCE Mastech Digital, Inc.

Continue Reading

Technology

SOLAI Limited Announces Extraordinary General Meeting

Published

38 minutes ago

on

July 24, 2026

By

AKRON, Ohio, July 24, 2026 /PRNewswire/ — SOLAI Limited (NYSE: SLAI) (“SOLAI” or the “Company”) (previously known as “BIT Mining Limited”), a technology-driven personal AI and digital infrastructure provider, today announced that it will hold its extraordinary general meeting of shareholders at 428 South Seiberling Street, Akron, Ohio, US on August 14, 2026 at 10:00 a.m., New York time.

Holders of record of ordinary shares and preference shares of the Company at the close of business on July 20, 2026, New York time (the “Record Date”) are entitled to receive notice of, and to attend and vote at, the extraordinary general meeting or any adjournment thereof. Holders of the Company’s American Depositary Shares (“ADSs”) who wish to exercise their voting rights for the underlying ordinary shares must act through the depositary of the Company’s ADS program, Deutsche Bank Trust Company Americas.

The notice of the extraordinary general meeting, which sets forth the resolutions to be submitted to shareholder approval at the extraordinary general meeting is available on the Investor Relations section of the Company’s website at https://ir.solai.com. 

About SOLAI Limited

SOLAI Limited (previously known as “BIT Mining Limited”) (NYSE: SLAI) (previously traded under “BTCM”) is a technology-driven personal AI and digital infrastructure provider. Building upon its historical legacy in digital asset mining and blockchain network operations, the Company is leveraging extensive experience in large-scale hardware deployment, data center operations, and high-performance computing to build the foundational infrastructure for personal AI computing and digital asset ecosystems globally.

For more information:

SOLAI Limited
ir@solai.com
ir.solai.com
www.solai.com 

Christensen Advisory
Jason Ng
Tel: +852-2117-0861
Email: solai@christensencomms.com 

 

View original content:https://www.prnewswire.com/news-releases/solai-limited-announces-extraordinary-general-meeting-302834034.html

SOURCE SOLAI Limited

Continue Reading

Technology

/U P D A T E — TrendAI/

Published

2 hours ago

on

July 24, 2026

By

This release has been updated to include new information provided by TrendAI. The complete, corrected release follows, with additional details at the end:

TrendAI™ Adopts Claude Opus 5 to Advance Vulnerability Prioritization and Virtual Patching

As a participant in Anthropic’s Cyber Verification Program, TrendAI applies frontier reasoning to convert vulnerability intelligence into faster protection across hybrid environments

DALLAS, July 24, 2026 /PRNewswire/ — TrendAI™, the enterprise AI security leader from Trend Micro Incorporated (TYO: 4704; TSE: 4704), today announced it is adopting Claude Opus 5, Anthropic’s latest and most capable Opus model, to help security teams convert vulnerability intelligence into immediate protection, from prioritization to virtual patching. The move builds on TrendAI’s collaboration with Anthropic on Claude Opus 4.8, extending the same defensive focus to a model that delivers step-change gains in advanced reasoning, agentic workflows, and long-horizon analysis. As AI makes finding vulnerabilities easier than ever, the harder problem becomes protecting organizations faster than software can be permanently patched, and that is where TrendAI is putting Opus 5 to work.

As a participant in Anthropic’s Cyber Verification Program, which credentials organizations for the defensive use of frontier AI models, TrendAI is positioned to apply Claude Opus 5 to defensive security as access becomes available. The model is Zero Data Retention compatible, supporting TrendAI’s governance and data-protection requirements as it scales AI across security operations.

The work extends to TrendAI Threat Research, where frontier AI models are combined with our proprietary frontier intelligence engine and human expertise to generate pre-disclosure intelligence. Those insights power TrendAI Vision One™, delivering stronger detection, deeper forensic insights, and proactive protection through virtual patching.

Rachel Jin, Chief Platform and Business Officer, Head of TrendAI™:
“With Claude Opus 5, TrendAI can move from vulnerability intelligence to action faster than ever, prioritizing what matters most by exploitability and business impact. Finding the vulnerability was always the hard part. Now the challenge is protecting organizations faster than software can be permanently patched, and frontier reasoning is what changes that equation, extending all the way to virtual patching that protects customers before a vendor fix ships. This is what it means to secure the AI age, fearlessly.”

These capabilities support TrendAI Vision One™ in helping security analysts, AppSec teams, and SOC teams prioritize exposure, map attack paths, and accelerate mitigation, including virtual patching, across hybrid environments, moving vulnerability management from a static scanning process into a faster, context-aware risk mitigation workflow.

About TrendAI™
TrendAI™, the global AI security leader and enterprise business unit of Trend Micro, empowers organizations with full AI visibility and consolidated security that inspires confidence, drives innovation, and eliminates risk. Trusted by the largest enterprises and governments across 185 countries, TrendAI™ secures the entire organization, from identities, to infrastructure, to data. Global Fortune 500 companies rely on TrendAI™ to cut risk and stop threats up to three months earlier, powered by world-leading threat and attack intelligence. Through deep ecosystem partnerships with market leaders like NVIDIA, Anthropic, AWS, Google, and Microsoft, TrendAI™ empowers your organization to securely drive forward at the speed of AI. AI Fearlessly. Learn more: trendaisecurity.com

About Anthropic
Anthropic is an AI safety and research company dedicated to building reliable, interpretable, and steerable AI systems. Its Claude family of models, including Claude Opus 5, enables advanced capabilities across a wide range of applications, including code understanding and security analysis.

Update: The latest version of this release includes additional statements from TrendAI related to the original announcement.

View original content to download multimedia:https://www.prnewswire.com/news-releases/trendai-adopts-claude-opus-5-to-advance-vulnerability-prioritization-assessment-and-virtual-patching-302834362.html

SOURCE TrendAI

Continue Reading

Trending