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Construction Begins on CLORIA Île des Frères

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SAINT-JÉRÔME, QC, Feb. 11, 2025 /CNW/ – Partners CLORIA Développement, QuoVadis Capital and the Fonds immobilier de solidarité FTQ today announced the start of construction on CLORIA Île des Frères, a mixed-use project in Saint-Jérôme. Located in a vibrant area with easy access nature and services, the building will include 135 net-zero residential rental units and an Avril Supermarché Santé supermarket. This project is the second in a series bearing the Danū signature, a brand that sets a new standard for sustainable housing. 

On hand for the ground-breaking ceremony were:

Marc Bourcier, Mayor, Saint-JérômeMaxime Camerlain, Co-president, CLORIA DéveloppementNatalie Voland, President, Quo Vadis CapitalMartin Raymond, President and CEO, Fonds immobilier de solidarité FTQSerge Gauthier, Vice-President, Avril Supermarché Santé

A project that blends perfectly into its surroundings

Located at 70 chemin de la Rivière-du-Nord, at the gateway to the Laurentians and next to the Rivière-du-Nord regional park, CLORIA Île des Frères is much more than a residential building; it’s a living environment designed to meet the needs of current and future generations.

Offering a wide range of sizes, from studio to 3-bedroom units, the project features innovative energy management, accessible green spaces and common areas that foster community engagement. Besides offering quality, well-designed and comfortable housing, CLORIA Île des Frères will be home to an Avril Supermarché Santé supermarket, which will create over 80 local jobs, consolidating an integrated vision of well-being and regional economic development.

CLORIA Île des Frères is a concrete illustration of the partners’ commitment to thoughtful, responsible urban growth, in line with the City of Saint-Jérôme’s priorities of sustainable development and housing affordability.

The building will be ready for occupancy in summer 2026. A second phase comprising 149 apartments will follow.

“We are proud of this project, which embodies our commitment to designing and building high-performance, resilient and welcoming buildings. My team and I optimize every development stage to create living environments suitable for all generations and incorporating the latest innovations. This project will offer varied housing, from studios to family-size units, in an environment that promotes biodiversity and well-being through green spaces and community vegetable gardens. We plan to continue developing the site into a model community, with the next phase of 150 units to follow shortly.” – Maxime Camerlain, Co-president, Cloriacité, and founder of CLORIA Développement.

“For years, we’ve been rethinking the way we build in order to create living environments where every stakeholder is taken into account, is involved and benefits. By integrating climate justice into our projects, we’re proving that responsible real estate can also be affordable. With the Danū signature, we are combining innovation and commitment by rigorously measuring our sustainability strategy performance. We design resilient spaces that promote health, well-being and intelligent management of natural resources, while at the same time building future ready communities. – Natalie Voland, President, Quo Vadis Capital

“This new project is greener, more sustainable and accessible to all types of households, who will enjoy a stimulating place to live in the Upper Laurentians. It is one of a series of projects being carried out in partnership with two developers who are committed to alleviating the housing shortage and to employing green building practices. At the Fonds immobilier, we are committed to the sustainable transformation of the market, and our priority is to rapidly increase the supply of different types of housing.” – Martin Raymond, President and CEO, Fonds immobilier de solidarité FTQ.

“By gaining a foothold in the Laurentians, a region not yet explored by Avril, we are pursuing our mission to help Quebecers adopt a healthy lifestyle by making natural and organic products accessible to as many people as possible.” – Serge Gauthier, Vice-President, Avril Supermarché Santé

A project designed for residents’ well-being
CLORIA Île des Frères offers the perfect balance between a tranquil place to call home and a vibrant community committed to environmental stewardship. Project features include:

Communal spaces that encourage socializing and inclusion: gym, lounge with fireplace, conference room, common area kitchen and dining room;An interior courtyard featuring urban vegetable gardens designed by Albert Mondor, an expert in sustainable horticulture;Direct access to the Rivière-du-Nord regional park, making it easy to connect with nature and enjoy outdoor activities;Apartments ranging from studios to 3 bedrooms (from 531 ft² to 1,510 ft²), including 14 affordable units.Superior construction, with optimized soundproofing and abundant natural light.Inclusions: five ENERGY STAR® appliances, a heat pump and high-speed Internet.

The added value of the Danū signature in green building
CLORIA Île des Frères embodies innovation and sustainability through its integrated approach to environmental performance and resilience. Green features include:

A building with zero operational carbon emissions;Low-carbon materials and optimized embodied carbon reduction;ZCB-Design v3 certification for an energy-efficient building;Eco-responsible parking certification, incorporating solutions to reduce heat islands and promote biodiversity;Aerothermal heating for efficient, sustainable energy management;A water heat recovery system to reduce energy consumption;Optimized waste management, including composting for residents.

Key partners 

DANŪ – DeveloperArchitect: AedificaDesign: Taktik designAkonovia – Green building consultantsIntercom Services immobiliers – Brokerage expertConcordia University’s Next-Generation Cities InstituteLes Jardins d’Albert – Landscaping

About Cloriacité 
Founded in 2021, Cloriacité is the outcome of a strategic alliance between two remarkable companies: Cloria communautés connectées and Odacité Immobilier. Pooling the two companies’ strengths, Cloriacité develops and manages unique and innovative mixed-use real estate projects all across Québec. With a portfolio of over 600 residential units and 100 commercial tenants (including national banners), Cloriacité harnesses the deep market knowledge of its 20-member team to deliver quality mixed-use projects.

About Quo Vadis Capital
Quo Vadis Capital is a B-Corp certified leader in zero-emission real estate, proving for over 25 years that performance and environmental stewardship go hand in hand. The company has built international expertise, and its innovative business model demonstrates that building sustainably is also an economic lever. A committed partner of the business, academic and social economy communities, Quo Vadis Capital transforms real estate into a driver of responsible prosperity.

About the Fonds immobilier de solidarité FTQ 
The Fonds immobilier de solidarité FTQ helps drive economic growth and employment in Québec by strategically investing in profitable and socially responsible real estate projects in partnership with industry leaders. The Fonds immobilier backs residential, office, commercial, institutional and industrial projects of all sizes across Québec, and favours a development approach based on ESG (environmental, social, governance) factors.  At December 31, 2024, the Fonds immobilier had 25 projects in progress or under construction, valued at $5 billion, along with 82 properties under management and 5 million square feet of industrial land for development. Since inception, the Fonds immobilier has invested in over 200 social and affordable housing projects totalling some 9,000 residential units. The Fonds immobilier is a member of the Canada Green Building Council — Québec division.

SOURCE Le Fonds de Solidarité des Travailleurs du Québec (FTQ)

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VERNAL CAPITAL ACQUISITION CORP. ANNOUNCES PRICING OF $100 MILLION INITIAL PUBLIC OFFERING

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NEW YORK, May 5, 2026 /PRNewswire/ — Vernal Capital Acquisition Corp. (NYSE: VECA) (“Vernal”) announced the pricing of its initial public offering (the “IPO”) of 10,000,000 units at $10.00 per unit. The units are expected to trade on the New York Stock Exchange (“NYSE”) under “VECAU” beginning May 6, 2026. Each unit consists of one ordinary share and one right to receive one-fourth of one ordinary share upon consummation of an initial business combination. Upon separate trading, the ordinary shares and rights are expected to be listed on NYSE under “VECA” and “VECAR,” respectively.

D. Boral Capital LLC is acting as sole book-running manager of the offering. The underwriters have a 45-day option to purchase up to 1,500,000 additional units to cover any over-allotments. The offering is expected to close on May 7, 2026, subject to customary closing conditions.

A registration statement for these securities was declared effective by the SEC on May 5, 2026. The offering is made only by means of a prospectus. Copies of the prospectus may be obtained, from D. Boral Capital LLC, 590 Madison Ave., 39th Floor, New York, New York 10022, by telephone at (212) 970-5150 or by email at dbccapitalmarkets@dboralcapital.com.

This press release shall not constitute an offer to sell or to buy, nor shall there be any sale where such offer, solicitation or sale would be unlawful prior to registration or qualification under the applicable securities laws.

About Vernal

Vernal is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. Vernal’s target search will not be limited to a particular industry or geographic region.

Forward-Looking Statements

This press release contains “forward-looking statements,” including statements regarding Vernal’s IPO. These statements are subject to risks and uncertainties that could cause actual results to differ materially. No assurance can be given that the offering will be completed on the terms described, or at all. Forward-looking statements are subject to numerous conditions, beyond Vernal’s control, including those in the Risk Factors section of Vernal’s registration statement filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. Vernal disclaims any obligation to release publicly updates or revisions to any forward-looking statements to reflect any change in Vernal’s expectations, except as required by law.

Contact

Binghan Yi, CFO
binghan@vernal.com
www.vernalspac.com

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SOURCE Vernal Capital Acquisition Corp.

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RIVANNA nominated for MedTech Scale-Up of the Year at MedTech World Awards 2026 | North America

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Nomination places the Charlottesville-based company among growth-stage medtech leaders recognized for commercial momentum in AI-powered clinical decision support; public voting is open through May 8

CHARLOTTESVILLE, Va., May 5, 2026 /PRNewswire/ — RIVANNA®, developer of AI-powered clinical decision-support solutions, today announced that it has been nominated for MedTech Scale-Up of the Year at the MedTech World Awards 2026 | North America. Public voting is open through Friday, May 8, 2026, with category winners to be announced at the inaugural North American Awards Gala on May 11, 2026, at the Hilton West Palm Beach in Florida.

The MedTech Scale-Up of the Year category honors a growth-stage company successfully scaling revenues, partnerships, and adoption across the global medical technology ecosystem. Nominees across the program’s 22 categories were selected through a structured process led by the MedTech World Steering Committee, with category winners determined by a combination of expert evaluation and public voting from the global MedTech community.

“We have built RIVANNA on validation earned from the most rigorous technical buyers in healthcare: competitive federal awards translated into FDA-cleared products, each paired with a commercial program that meets clinicians where they work,” said Will Mauldin, PhD, Co-founder and CEO of RIVANNA. “Being nominated for MedTech Scale-Up of the Year is a meaningful affirmation of that approach and the team executing it.”

Public voting closes Friday, May 8, 2026. Members of the MedTech community are invited to support RIVANNA’s nomination at the official voting page: vote here.

The award nomination follows a year of measurable scaling for RIVANNA:

In October 2025, RIVANNA reported on being named a finalist in MedTech Innovator’s 2025 Early-Stage Grand Prize competition, selected from nearly 1,500 global applicants to represent the top 4% of medtech innovations worldwide.In December 2025, RIVANNA reported on the U.S. Food and Drug Administration’s 510(k) clearance of its Accuro® 3S Needle Guide Kit consumables, building on existing Accuro 3S device clearance.In April 2026, RIVANNA reported on peer-reviewed findings, published in 2025 in the Journal of Emergency Medicine (DOI: 10.1016/j.jemermed.2025.11.011), showing that the Accuro® XV musculoskeletal imaging system enables non-physician operators to acquire diagnostic-quality scans after just one hour of hands-on training.In May 2026, RIVANNA reported on the U.S. Food and Drug Administration’s 510(k) clearance of the Accuro® XV Diagnostic Ultrasound System for musculoskeletal imaging, authorizing commercial use across hospital and clinic settings.The company’s clinical program now spans eight sites nationwide with more than 1,500 patients enrolled.

The 2026 MedTech World Awards | North America, powered by Blue Goat Cyber, will be presented Monday, May 11, 2026, at the inaugural North American Awards Gala at the Hilton West Palm Beach, marking the first time the MedTech World Awards have been hosted in the United States.

About the MedTech Scale-Up of the Year Award
Presented by MedTech World, the MedTech Scale-Up of the Year category recognizes growth-stage medical technology companies demonstrating strong commercial momentum, expanding partnerships, and accelerating real-world adoption. The award is one of 22 categories spanning innovation, clinical excellence, regulatory strategy, investment, and leadership across the global MedTech ecosystem.

About RIVANNA
RIVANNA® is a medical technology company developing clinical decision-support solutions powered by proprietary clinical datasets, AI models, and purpose-built imaging hardware. The company’s platform automates complex anatomical analysis at the point of care, enabling faster, more confident clinical decisions while reducing variability and expanding access to advanced capabilities. The first applications target significant market opportunities in regional anesthesia and fracture care. RIVANNA has built a proven FDA regulatory track record across its Accuro® platform, with device clearances for Accuro® 3S (spinal needle guidance) and Accuro® XV (musculoskeletal imaging), a portfolio of supporting cleared consumables, and AI software modules advancing through regulatory review. The company is backed by 100+ patents and validated through clinical partnerships with leading academic medical centers. RIVANNA is headquartered in Charlottesville, Virginia, and operates an FDA-registered, ISO 13485:2016-certified manufacturing facility. Learn more at rivannamedical.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/rivanna-nominated-for-medtech-scale-up-of-the-year-at-medtech-world-awards-2026–north-america-302763342.html

SOURCE RIVANNA

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D2L Launch Week Highlights Latest Product Releases

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Latest innovations are designed to save time, simplify workflows, and help drive better learning outcomes

TORONTO, May 5, 2026 /PRNewswire/ – D2L, a global leader in learning innovation, hosted its first-ever D2L Launch Week, a four-day virtual webinar series spotlighting the company’s latest product innovations across D2L Brightspace in 2026.

Throughout the week, D2L showcased a range of product releases through live demos and practical customer use cases, highlighting how institutions, school districts and organizations can help to drive engagement and improve learning outcomes. The featured updates include enhancements to D2L Lumi for idea generation, intervention suggestions, quiz creation and summarization; tools to strengthen parent and guardian outreach; and administrative capabilities designed to help large organizations delegate course and configuration management more effectively.

“We’re proud to showcase the ways D2L continues to innovate to help make learning more personalized, efficient, and scalable,” said Christian Pantel, Chief Product Officer at D2L. “From new D2L Lumi features to enhanced communication tools and more flexible distributed administration capabilities, these updates are designed to help our customers save time, improve usability, and deliver better learning experiences at scale.”

Enhancements to D2L Lumi

Among the new capabilities were several updates to D2L’s AI-native tool, D2L Lumi, designed to improve usability, transparency, and alignment across workflows, including:

D2L Lumi Ideas: Generates assignment and discussion ideas directly within Brightspace, making it easier to generate high quality content aligned to learning outcomes.D2L Lumi Insights: Gives educators access to learning intervention suggestions, designed to provide recommended next steps based on learner data.D2L Lumi Quiz: Helps educators generate questions from multiple course content topics and includes a more streamlined question-generation workflow.D2L Lumi Summary: Supports summarization from more content sources, including nested submodules, and can give educators the ability to preview and adjust source text before summarization.

Updates to Parent and Guardian Communications

D2L also introduced new parent and guardian communication enhancements to help K-12 educators strengthen engagement beyond the classroom. Teachers can now send bulk emails to all parents and guardians associated with students in their class. For individual student outreach, teachers can also email parents and guardians of a specific learner, making it easier to share timely updates on student progress and classroom activity.

Manage Distributed Administration at Scale

Distributed Administration gives organizations more flexibility to delegate administrative responsibilities across organization levels. With Distributed Administration, administrators can manage specific areas, enabling them to oversee courses while helping to reduce bottlenecks and free up time.

Learn more about the latest product releases showcased at D2L Launch Week.

About D2L   
D2L is transforming the way the world learns, helping learners achieve more than they dreamed possible. Working closely with customers all over the world, D2L is on a mission to make learning more inspiring, engaging and human. Find out how D2L helps transform lives and delivers outstanding learning outcomes in K-12, higher education and businesses.

D2L Media Contact
PR@D2L.com
X: @D2L
© 2026 D2L Corporation.

The D2L family of companies includes D2L Inc., D2L Corporation, D2L Ltd, D2L Australia Pty Ltd, D2L Europe Ltd, D2L Asia Pte Ltd, D2L India Pvt Ltd, D2L Brasil Soluções de Tecnologia para Educação Ltda and D2L Sistemas de Aprendizaje Innovadores, S. D2 R.L de C.V., and H5P Group AS.

All D2L and H5P marks are owned by the D2L group of companies. Please visit D2L.com/trademarks for a list of D2L marks. All other trademarks are the property of their respective owners.

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SOURCE D2L

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