Day: April 20, 2017

FOR: ITHACA ENERGY INCTSX SYMBOL: IAELSE SYMBOL: IAEDate issue: April 21, 2017Time in: 2:27 AM eAttention:
ABERDEEN, SCOTLAND–(Marketwired – April 20, 2017) – Ithaca Energy Inc (TSX:
IAE) (LSE: IAE)
TSX: IAE, LSE AIM: IAE
THIS ANNOUNCEMENT CONTAINS IN…

FOR: ITHACA ENERGY INCTSX SYMBOL: IAEAIM SYMBOL: IAEDate issue: April 21, 2017Time in: 2:21 AM eAttention:
ABERDEEN, SCOTLAND–(Marketwired – April 20, 2017) – Ithaca Energy Inc. (TSX:
IAE) (AIM: IAE)
(TSX: IAE; LSE: IAE)
NOT FOR RELEASE, PUBLICATION O…

FOR: MACEDONIAN HUMAN RIGHTS MOVEMENT INTERNATIONAL

TORONTO, April 20, 2017 (GLOBE NEWSWIRE) — Macedonian Human Rights Movement International President, Bill Nicholov, continued his ongoing meetings with senior officials from Global Affairs Canada and called for Minister of Foreign Affairs, Chrystia Freeland, to immediately retract her contradictory statement on Macedonia, and show support for Macedonia’s struggle against foreign interference.

In a statement issued about Ukraine, Minister Freeland said, “Canada is unwavering in its support to Ukraine, both in helping to preserve and protect Ukraine’s sovereignty, and in providing assistance to Ukraine to implement key reforms.” An identical statement could have been issued about Macedonia, but Minister Freeland chose to undermine Macedonia’s sovereignty by calling for a mandate to be given to a coalition whose public goal is to change Macedonia’s name, identity, flag, anthem and coat of arms, and which threatens Macedonia’s territorial integrity. In addition to campaigning on this platform, the anti-Macedonia coalition recently formally presented it in parliament. Macedonians have been protesting, en masse, against this platform and in defence of their country.

To indulge Minister Freeland’s apparent reason for this statement, to be “…in compliance with the constitution”, the Macedonian constitution clearly states that a mandate cannot be given to a coalition that threatens the “unitary character of Macedonia”. Understandably so. To ignore the foreign interference, turmoil and mass protests in Macedonia shows a complete lack of judgement on Minister Freeland’s part and, at best, shows that she is out of touch with the current situation and, at worst, is complicit in supporting foreign interventionism in Macedonia.

The United States, some European Union countries, and sadly, Canada, have turned the Macedonian people’s defence of their country and ethnic origin into a “left vs. right” issue. This is not a matter of political ideology, but a non-partisan defence against a US-backed platform, drafted in Albania under Albanian Prime Minister Edi Rama’s “guidance”, aimed at redefining Macedonians’ ethnicity and sovereignty. Canada used to stand up against such attacks, now it participates in them. Minister Freeland’s remarks go against Canada’s long-standing policy against foreign interventionism, and is an affront to Canadian values of self-determination and human rights.

MHRMI called for Minister Freeland to explain her reasons for issuing this statement, and to announce when a retraction can be expected. Staying silent on this issue is not an option, especially when her statement is fueling ethnic tensions in Macedonia. This is not the Canada that we know.

— Macedonian Human Rights Movement International (MHRMI) has been active on human and national rights issues for Macedonians and other oppressed peoples since 1986. For more information: 1-416-850-7125, info@mhrmi.org, www.mhrmi.org, twitter.com/mhrmi, facebook.com/mhrmi, mhrmi.org/OurNameIsMacedonia 

FOR FURTHER INFORMATION PLEASE CONTACT:

INDUSTRY:

Professional Services – Other Professional Services

SUBJECT: PLT

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Globenewswire

FOR: URANIUM RESOURCES

CENTENNIAL, Colo., April 20, 2017 (GLOBE NEWSWIRE) — Uranium Resources, Inc. (Nasdaq:URRE) (ASX:URI), an energy metals exploration and development company, announced that President and CEO Christopher M. Jones will provide a business update in a presentation at the Planet MicroCap Showcase conference at 1:30 p.m. PDT on Thursday, April 27, 2017.

Mr. Jones will also meet with investors during the conference. A live webcast and a PDF of the presentation will be available under the Investors section of www.uraniumresources.com.

The Planet MicroCap Showcase is a conference organized by StockNewsNow.com that brings together promising companies with microcap investors, fund managers and newsletter writers over April 26-28, 2017 at Planet Hollywood Resort & Casino in Las Vegas. Investors interested in attending the Company’s presentation and the conference should contact the conference organizer, Robert Kraft at rkraft@snnwire.com or visit www.planetmicrocapshowcase.com for further information.

About Uranium Resources (URI)

URI is focused on expanding its energy metals strategy, which includes developing its new lithium business while maintaining optionality on the future rising uranium price.  The Company has developed a dominant land position in two prospective lithium brine basins in Nevada and Utah in preparation for exploration and potential development of any lithium resources that may be discovered there.  In addition, URI remains focused on advancing the Temrezli in-situ recovery (ISR) uranium project in Central Turkey when uranium prices permit economic development of this project. URI controls extensive exploration properties in Turkey under eight exploration and operating licenses covering approximately 39,000 acres (over 16,000 ha) with numerous exploration targets, including the potential satellite Sefaatli Project, which is 30 miles (48 km) southwest of the Temrezli Project. In Texas, the Company has two licensed and currently idled uranium processing facilities and approximately 11,000 acres (4,400 ha) of prospective ISR uranium projects. In New Mexico, the Company controls mineral rights encompassing approximately 186,000 acres (75,300 ha) in the prolific Grants Mineral Belt, which is one of the largest concentrations of sandstone-hosted uranium deposits in the world. Incorporated in 1977, URI also owns an extensive information database of historic drill hole logs, assay certificates, maps and technical reports for uranium properties located in the Western United States.

FOR FURTHER INFORMATION PLEASE CONTACT:

Uranium Resources Contacts Christopher M. Jones, President and CEO 303.531.0472 Email: Info@uraniumresources.com Website: www.uraniumresources.com Jeff Vigil, VP Finance and CFO 303.531.0473

INDUSTRY:

Manufacturing and Production – Mining and Metals

SUBJECT: MIS

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^{Information: Uranium Resources Contacts Christopher M. Jones, President and CEO 303.531.0472 Email: Info@uraniumresources.com Website: www.uraniumresources.com Jeff Vigil, VP Finance and CFO 303.531.0473}

Globenewswire

FOR: PRGX GLOBAL, INC.

ATLANTA, April 20, 2017 (GLOBE NEWSWIRE) — PRGX Global, Inc. (Nasdaq:PRGX), a global leader in Recovery Audit and Spend Analytics services, today announced that the company will release its financial results for the first quarter 2017 at approximately 7:00 AM (Eastern time) on Wednesday, April 26, 2017. Management will hold a conference call later that morning at 8:30 AM (Eastern time) to discuss those results.

To access the conference call, listeners in the U.S. and Canada should dial (877) 755-7423 at least 5 minutes prior to the start of the conference. Listeners outside the U.S. and Canada should dial (678) 894-3069. To be admitted to the call, listeners should use passcode 10006589.

This teleconference will also be audiocast on the Internet at www.prgx.com (click on “Events & Presentations” under “Investors”). A replay of the audiocast will be available at the same location beginning approximately two hours after the conclusion of the live audiocast, extending through June 30, 2017. Please note that the Internet audiocast is “listen-only.” Microsoft Windows Media Player is required to access the live audiocast and the replay and can be downloaded from www.microsoft.com/windows/mediaplayer.

About PRGX Global, Inc.

PRGX Global, Inc. is a global leader in Recovery Audit and Spend Analytics services. With over 1,400 employees, the Company serves clients in more than 30 countries and provides its services to 75% of the top 20 global retailers and over 20% of the top 50 companies in the Fortune 500. PRGX delivers more than $1 billion in cash flow improvement for its clients each year. The creator of the recovery audit industry more than 40 years ago, PRGX continues to innovate through technology and expanded service offerings. In addition to Recovery Audit, the Company provides Contract Compliance, Spend Analytics and Supplier Information Management services to improve clients’ financial performance and manage risk. For additional information on PRGX, please visit www.prgx.com

This news release was distributed by GlobeNewswire, www.globenewswire.com

FOR FURTHER INFORMATION PLEASE CONTACT:

CONTACT: PRGX Global, Inc. investor-relations@prgx.com Phone: 770-779-3011

INDUSTRY:

Computers and Software – Software

SUBJECT: CAL

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^{Information: CONTACT: PRGX Global, Inc. investor-relations@prgx.com Phone: 770-779-3011}

Globenewswire

FOR: BROOKFIELD PROPERTY PARTNERS L.P.

BROOKFIELD NEWS, April 20, 2017 (GLOBE NEWSWIRE) — Brookfield Property Partners L.P. (NYSE:BPY) (TSX:BPY.UN) (“BPY”) announced today that it has entered into a definitive agreement with Brookfield Canada Office Properties (TSX:BOX.UN) (NYSE:BOXC) (“BOX”) pursuant to which BPY would effectively acquire the approximately 17% equity interest in BOX that it or its subsidiaries do not own (approximately 15.9 million units) for $32.50 cash per unit.  BOX unitholders will be entitled to receive monthly distributions through to closing (pro-rated if required) at the current rate of $0.1092 per unit as declared by the BOX Board of Trustees in the ordinary course. 

“We are pleased to have entered into an agreement with BOX to consolidate our North American office operations while providing liquidity to BOX unitholders at a significant premium to recent public market pricing,” said Brian Kingston, CEO of Brookfield Property Group.

The going private transaction is to be effected through a definitive redemption agreement pursuant to which BOX will redeem all of its issued and outstanding units not already owned by BPY and its subsidiaries. Under the terms of the agreement, unitholders of BOX will receive $32.50 in cash per unit, which is $2.40, or 8% more than BPY’s initial January 23, 2017 offer to privatize BOX for $30.10 per unit. The $32.50 per unit consideration represents a premium of 23% to the 30-day volume-weighted average price of BOX units on the Toronto Stock Exchange and 22% to the 30-day volume-weighted average price of BOX units on the New York Stock Exchange for the period ended January 20, 2017 (being the last trading day prior to the announcement of BPY’s privatization proposal).  The transaction provides total consideration to minority unitholders of BOX of approximately $515.7 million.

The BOX Board of Trustees approved the redemption agreement following the report and favourable recommendation of its Special Committee of independent trustees established to review and consider the transaction. The BOX Board of Trustees intends to unanimously recommend that unitholders of BOX approve the redemption.

In coming to this conclusion, the BOX Board of Trustees determined that the redemption is in the best interests of BOX and is substantively and procedurally fair to its unaffiliated unitholders. Greenhill & Co., the independent valuator and financial adviser to the Special Committee, concluded that, as of April 20, 2017, based upon and subject to the analyses, assumptions, qualifications and limitations set forth in its valuation and fairness opinion, in addition to other factors that it considered relevant, the consideration being offered pursuant to the redemption to unitholders of BOX other than BPY and its subsidiaries was fair, from a financial point of view, to such unitholders and that the fair market value of a unit of BOX was in the range of $31.50 to $34.50. A copy of the Greenhill & Co. valuation and fairness opinion, the factors considered by the Special Committee and BOX’s Board of Trustees and other relevant background information will be included in the management information circular that will be sent to BOX unitholders in connection with the annual and special meeting scheduled (the “Meeting”) to be called to consider the redemption.

The implementation of the redemption is subject to the approval of at least two-thirds of the votes cast at the Meeting by BOX unitholders present in person or by proxy and by a majority of the votes cast by BOX unitholders other than BPY and its subsidiaries. Completion of the redemption is also subject to certain customary conditions.

Unitholders holding approximately 3.52 million units of BOX, representing approximately 22% of the unaffiliated BOX units, including Morgan Stanley Investment Management, who holds approximately 1.4 million units of BOX on behalf of certain client accounts, support the proposal and have agreed, subject to certain conditions, to vote the units of BOX they hold in favor of the transaction.

The transaction is structured as a redemption of units by BOX.  As a result, a unitholder who is a resident of Canada for Canadian federal income tax purposes generally will realize a capital gain (or a capital loss) to the extent that such unitholder’s proceeds of disposition, net of any reasonable costs of disposition, exceed (or are exceeded by) the adjusted cost base of the units.  Unitholders who are not residents of Canada generally will not be subject to Canadian federal income tax in respect of capital gains realized on a disposition of their units but will be subject to Canadian withholding tax at source of 15% on the full amount of the redemption proceeds. As a result, non-resident unitholders may prefer to sell their units in the public markets with a settlement date that is prior to the completion of the transaction. A unitholder who is taxable in the United States and who exchanges units for cash pursuant to the transaction generally is expected to recognize taxable gain (or loss) for U.S. federal income tax purposes measured by the difference between the amount realized and such unitholder’s adjusted tax basis in such units immediately prior to the exchange. It is strongly suggested that unitholders consult their tax advisors and read carefully the tax disclosure section of the management information circular relating to the transaction when it is available.

This press release is neither an offer to purchase nor a solicitation of an offer to sell securities. 

Brookfield Property Partners

Brookfield Property Partners is one of the world’s largest commercial real estate companies, with approximately $65 billion in total assets. We are leading owners, operators and investors in commercial property assets, with a diversified portfolio that includes 142 premier office properties and 127 best-in-class retail malls around the world. We also hold interests in multifamily, triple net lease, industrial, hospitality, self-storage and student housing assets. Brookfield Property Partners is listed on the New York and Toronto stock exchanges. Further information is available at bpy.brookfield.com. Important information may be disseminated exclusively via the website; investors should consult the site to access this information.

Brookfield Property Partners is the flagship listed real estate company of Brookfield Asset Management, a leading global alternative asset manager with approximately $250 billion in assets under management.

Forward-Looking Statements

This press release contains “forward-looking information” within the meaning of Canadian provincial securities laws and applicable regulations and “forward-looking statements” within the meaning of “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, include statements regarding our operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies and outlook, as well as the outlook for North American and international economies for the current fiscal year and subsequent periods, and include words such as “expects,” “anticipates,” “plans,” “believes,” “estimates,” “seeks,” “intends,” “targets,” “projects,” “forecasts,” “likely,”, or negative versions thereof and other similar expressions, or future or conditional verbs such as “may,” “will,” “should,” “would” and “could.”

Although we believe that our anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause our actual results, performance or achievements to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information.

Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to: the successful completion of the redemption by BOX of the units not owned by BPY and its subsidiaries; risks incidental to the ownership and operation of real estate properties including local real estate conditions; the impact or unanticipated impact of general economic, political and market factors in the countries in which we do business; the ability to enter into new leases or renew leases on favorable terms; business competition; dependence on tenants’ financial condition; the use of debt to finance our business; the behavior of financial markets, including fluctuations in interest and foreign exchanges rates; uncertainties of real estate development or redevelopment; global equity and capital markets and the availability of equity and debt financing and refinancing within these markets; risks relating to our insurance coverage; the possible impact of international conflicts and other developments including terrorist acts; potential environmental liabilities; changes in tax laws and other tax related risks; dependence on management personnel; illiquidity of investments; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits therefrom; operational and reputational risks; catastrophic events, such as earthquakes and hurricanes; and other risks and factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States.

We caution that the foregoing list of important factors that may affect future results is not exhaustive. When relying on our forward-looking statements or information, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Except as required by law, we undertake no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact: Matthew Cherry Senior Vice President, Investor Relations and Communications Tel: (212) 417-7488 Email: matthew.cherry@brookfield.com

INDUSTRY:

Financial Services – Commercial and Investment Banking

SUBJECT: MIS

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: Contact: Matthew Cherry Senior Vice President, Investor Relations and Communications Tel: (212) 417-7488 Email: matthew.cherry@brookfield.com}

Globenewswire

FOR: BROOKFIELD CANADA OFFICE PROPERTIES

BROOKFIELD NEWS, April 20, 2017 (GLOBE NEWSWIRE) — Brookfield Canada Office Properties (TSX:BOX.UN) (NYSE:BOXC) (“BOX”) announced today that it has entered into a definitive agreement with Brookfield Property Partners L.P. (NYSE:BPY) (TSX:BPY.UN) (“BPY”) pursuant to which BPY would effectively acquire the approximately 17% equity interest in BOX that it or its subsidiaries do not own (approximately 15.9 million units) for $32.50 cash per unit. BOX unitholders will be entitled to receive monthly distributions through to closing (pro-rated if required) at the current rate of $0.1092 per unit as declared by the BOX Board of Trustees in the ordinary course.

“We are pleased to have come to terms on a transaction that has the full support of the BOX Board of Trustees,” said, Paul McFarlane, the Chairman of the Special Committee of the BOX Board of Trustees. “We believe that the transaction offers strong value for BOX unitholders, and we look forward to working towards its successful completion.”

The going private transaction is to be effected through a definitive redemption agreement pursuant to which BOX will redeem all of its issued and outstanding units not already owned by BPY and its subsidiaries. Under the terms of the agreement, unitholders of BOX will receive $32.50 in cash per unit, which is $2.40 more than BPY’s initial January 23, 2017 proposal to privatize BOX for $30.10 per unit. The $32.50 per unit consideration represents a premium of 23% to the 30-day volume-weighted average price of BOX units on the Toronto Stock Exchange and 22% to the 30-day volume-weighted average price of BOX units on the New York Stock Exchange for the period ended January 20, 2017 (being the last trading day prior to the announcement of BPY’s privatization proposal). The transaction provides total consideration to minority unitholders of BOX of approximately $515.7 million. The BOX Board of Trustees approved the redemption agreement following the report and favourable recommendation of its Special Committee of independent trustees established to review and consider the transaction. The BOX Board of Trustees intends to unanimously recommend that unitholders of BOX approve the redemption.

In coming to this conclusion, the BOX Board of Trustees determined that the redemption is in the best interests of BOX and is substantively and procedurally fair to its unaffiliated unitholders. Greenhill & Co., the independent valuator and financial adviser to the Special Committee, concluded that, as of April 20, 2017, based upon and subject to the analyses, assumptions, qualifications and limitations set forth in its valuation and fairness opinion, in addition to other factors that it considered relevant, the consideration being offered pursuant to the redemption to unitholders of BOX other than BPY and its subsidiaries was fair, from a financial point of view, to such unitholders and that the fair market value of a unit of BOX was in the range of $31.50 to $34.50. A copy of the Greenhill & Co. valuation and fairness opinion, the factors considered by the Special Committee and BOX’s Board of Trustees and other relevant background information will be included in the management information circular that will be sent to BOX unitholders in connection with the annual and special meeting scheduled (the “Meeting”) to be called to consider the transaction.

The implementation of the redemption is subject to the approval of at least two-thirds of the votes cast at the Meeting by BOX unitholders present in person or by proxy and by a majority of the votes cast by BOX unitholders other than BPY and its subsidiaries. Completion of the redemption is also subject to certain customary conditions.

Unitholders holding approximately 3.52 million units of BOX, representing approximately 22% of the unaffiliated BOX units, including Morgan Stanley Investment Management, who holds approximately 1.4 million units of BOX on behalf of certain client accounts, support the proposal and have agreed, subject to certain conditions, to vote the units of BOX they hold in favor of the transaction.

The transaction is structured as a redemption of units by BOX. As a result, a unitholder who is a resident of Canada for Canadian federal income tax purposes generally will realize a capital gain (or a capital loss) to the extent that such unitholder’s proceeds of disposition, net of any reasonable costs of disposition, exceed (or are exceeded by) the adjusted cost base of the units. Unitholders who are not residents of Canada generally will not be subject to Canadian federal income tax in respect of capital gains realized on disposition of their units, but will be subject to Canadian withholding tax at source of 15% on the full amount of the redemption proceeds. As a result, non-resident unitholders may prefer to sell their units in the public markets with a settlement date that is prior to the completion of the transaction. A unitholder who is taxable in the United States and who exchanges units for cash pursuant to the transaction generally is expected to recognize taxable gain (or loss) for U.S. federal income tax purposes measured by the difference between the amount realized and such unitholder’s adjusted tax basis in such units immediately prior to the exchange. It is strongly suggested that unitholders consult their tax advisors and read carefully the tax disclosure section of the management information circular relating to the transaction when it is available.

This press release is neither an offer to purchase nor a solicitation of an offer to sell securities.

About Brookfield Canada Office PropertiesBrookfield Canada Office Properties is Canada’s preeminent Real Estate Investment Trust (REIT). Our portfolio is comprised of 26 premier office properties totaling 20 million square feet in the downtown cores of Toronto, Calgary, and Ottawa, in addition to a development site in Calgary. Our landmark assets include Brookfield Place and First Canadian Place in Toronto, and Bankers Hall in Calgary. Further information is available at www.brookfieldcanadareit.com. Important information may be disseminated exclusively via the website; investors should consult the site to access this information.

Brookfield Canada Office Properties is the flagship Canadian REIT of Brookfield Asset Management, a leading global alternative asset manager with approximately $250 billion in assets under management. For more information, go to www.brookfield.com.

Forward-Looking Statements

This news release contains “forward-looking information” within the meaning of Canadian provincial securities laws and applicable regulations and “forward-looking statements” within the meaning of “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, include statements regarding the Trust’s operations, business, financial condition, expected financial results, performance, prospects, opportunities, priorities, targets, goals, ongoing objectives, strategies and outlook, as well as the outlook for the Canadian economy for the current fiscal year and subsequent periods, and include words such as “expects,” “anticipates,” “plans,” “believes,” “estimates,” “seeks,” “intends,” “targets,” “projects,” “forecasts,” “likely,” or negative versions thereof and other similar expressions, or future or conditional verbs such as “may,” “will,” “should,” “would” and “could.”

Although the Trust believes that our anticipated future results, performance or achievements expressed or implied by the forward-looking statements and information are based upon reasonable assumptions and expectations, the reader should not place undue reliance on forward-looking statements and information because they involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Trust, which may cause our actual results, performance or achievements to differ materially from anticipated future results, performance or achievement expressed or implied by such forward-looking statements and information.

Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to: the successful completion of the redemption by BOX of the units not owned by BPY and its subsidiaries; risks incidental to the ownership and operation of real estate properties including local real estate conditions; the impact or unanticipated impact of general economic, political and market factors in Canada; the ability to enter into new leases or renew leases on favourable terms; business competition; dependence on tenants’ financial condition; the use of debt to finance the Trust’s business; the behavior of financial markets, including fluctuations in interest rates; equity and capital markets and the availability of equity and debt financing and refinancing within these markets; risks relating to the Trust’s insurance coverage; the possible impact of international conflicts and other developments including terrorist acts; potential environmental liabilities; changes in tax laws and other tax related risks; dependence on management personnel; illiquidity of investments; the ability to complete and effectively integrate acquisitions into existing operations and the ability to attain expected benefits therefrom; operational and reputational risks; catastrophic events, such as earthquakes and hurricanes; and other risks and factors detailed from time to time in our documents filed with the securities regulators in Canada and the United States.

Caution should be taken that the foregoing list of important factors that may affect future results is not exhaustive. When relying on the Trust’s forward-looking statements or information, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Except as required by law, the Trust undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact: Sherif El-Azzazi Director, Investor Relations Tel: (416) 359-8593 Email: sherif.elazzazi@brookfield.com

INDUSTRY:

Financial Services – Commercial and Investment Banking

SUBJECT: MIS

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: Contact: Sherif El-Azzazi Director, Investor Relations Tel: (416) 359-8593 Email: sherif.elazzazi@brookfield.com}

Globenewswire

FOR: JESUITS IN ENGLISH CANADA

Toronto, April 20, 2017 (GLOBE NEWSWIRE) — More than 30 people, comprised of Indigenous, Jesuit, English and French Canadian paddlers, will embark on a month-long, 850-kilometre canoe trip July 21 in response to the Calls to Action of the Truth and Reconciliation Commission.

Following a traditional First Nations canoe trade route, the Canadian Canoe Pilgrimage (CCP) will begin at Midland, Ontario up Georgian Bay, travel across the French River, Lake Nipissing, the Mattawa and Ottawa Rivers, and end near Montreal.

“We are retracing this historic route on the 150th anniversary of Canada as a nation, but more importantly we are trying to work for reconciliation,” says Erik Sorensen, SJ, Project Manager of the CCP. “As a member of the Jesuits, a group that had a residential school that played an integral role in colonization efforts by early Europeans, there is a collective healing that I am participating in. And we are changing the way we do things.” 

“I am hoping to learn a lot about the cultures that are going to be there,” says Andrew Starblanket, who is Nehiyaw and will be representing the Starblanket First Nation in Saskatchewan on the trip. “I guarantee that I’m going to learn a lot about myself and others.”

“Ontario’s 150th anniversary is an opportunity for us all to reflect on who we are and what we hope to be,” said Eleanor McMahon, Minister of Tourism, Culture and Sport. “The Canadian Canoe Pilgrimage will give people the chance to connect with a meaningful part of our history, experience our province’s breathtaking scenery firsthand, and contemplate all that we can achieve by working together.”

Jesuit Pope Francis promotes a “culture of encounter,” a culture where we engage others where they are at, offer welcome and hospitality, and are moved with compassion and the desire to treat all people with dignity. “This encounter is not about anything so specifically active, it’s much more about just being with each other, across our respective cultures and traditions,” says Kevin Kelly, SJ, a CCP co-organizer. “Encountering each other is about being ourselves and being open. This immersion experience into nature will also help participants increase their understanding of the current ecological crisis we face, especially the importance of water and our respect for and treatment of it.”

The CCP tentative itinerary below, shows major landfalls, but please be advised there may be changes due to logistical considerations and weather related contingencies.

July 21 – Departs Sainte-Marie among the Hurons (Midland, ON)

July 31 – North Bay, ON

August 2 – Mattawa, ON

August 6 – Pembroke, ON

August 9 – Ottawa, ON

August 14 – Montreal, Quebec

August 15 – Kahnawake First Nation (close to Montreal)

Members of the public will be able to join the CCP at special events at major stops along the route.

The Canadian Canoe Pilgrimage has been made possible by the generosity of donors including The Miller Group, the Ontario 150 Community Celebration Fund, the Canadian Heritage River System, Parks Canada, and Ontario Parks.  Also thanks to Sainte-Marie among the Hurons and Martyrs’ Shrine for hosting the launch event on July 21.

About the Canadian Canoe Pilgrimage

The Canadian Canoe Pilgrimage (CCP) is a project inspired by Canada’s Truth and Reconciliation Commission (TRC) with the hope of encouraging intercultural and interreligious  dialogue and learning. Participants, both Indigenous and non-Indigenous, will be immersed in each other’s customs and traditions. Through this immersion, the goal is to foster deep respect, trust, dialogue and hopefully friendship, the building blocks for reconciliation.

The canoe route is a traditional First Nations trading route that was travelled by early European settlers such as Samuel de Champlain and Jean de Brébeuf, who were welcomed and guided by the Indigenous Peoples of this land. This pilgrimage will begin at Sainte-Marie among the Hurons in Midland, on the shore of Georgian Bay, on July 21 and end on August 15 on the St. Lawrence River at the Kahnawake First Nation, close to Montreal. The community of paddlers making this 850-kilometre, 25-day voyage is comprised of Indigenous Peoples, Jesuits, English and French Canadians, men and women – all desiring to travel together on a path of healing and friendship. The route follows a similar one paddled by 24 young Jesuits in 1967. For more information, and to donate, please go to: www.canoepilgrimage.com.

About the Jesuits in English Canada

The Jesuits, an order of priests and brothers in the Roman Catholic Church, have worked in Canada for more than 400 years. They have responsibility for the direction of schools, churches, retreat houses, and a variety of social justice ministries that span from St. John’s, Newfoundland and Labrador to Vancouver, British Columbia.  They have worked closely with the TRC and issued a public Statement of Reconciliation in 2013. The Jesuits are currently implementing the Calls to Action described by the TRC. For more details please visit www.jesuits.ca.

For news media and government information, please contact:

Mark Hunter LaVigne, MAJ, APR, FCPRSMark.lavigne@hunterlavigne.com416-884-2018 (mobile)

Erica Zlomisliccdacommunications@jesuits.org416-962-4500 X225855-962-4500 X225416-333-2585 (mobile)

For project information, and to discuss donations and grants, please contact:

Erik Sorensen, SJcanoe.pilgrimage@jesuits.net647-850-5411 (mobile)

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e029ab4f-88c5-44a2-9dcd-da1f92261a64

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/4e3f534e-7939-4e2e-a886-d4a9fc1e1218

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/460cb5e9-246c-46a8-83eb-97a9ac8be7aa

FOR FURTHER INFORMATION PLEASE CONTACT:

Erica Zlomislic Jesuits in English Canada 416.962.4500 cdacommunications@jesuits.org

INDUSTRY:

Miscellaneous – Miscellaneous

SUBJECT: MIS

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: Erica Zlomislic Jesuits in English Canada 416.962.4500 cdacommunications@jesuits.org}

Globenewswire

FOR: DENBURY RESOURCES INC.

PLANO, Texas, April 20, 2017 (GLOBE NEWSWIRE) — Denbury Resources Inc. (NYSE:DNR) (“Denbury” or the “Company”) will host a conference call to review and discuss first quarter 2017 financial and operating results on Thursday, May 4, 2017 at 10:00 A.M. (Central).  The Company plans to issue its financial and operating results prior to the market opening on the same day.  Individuals who would like to participate should dial the applicable dial-in number listed below ten minutes before the scheduled start time.

What: Denbury Resources First Quarter 2017 Results Conference Call

Date: Thursday, May 4, 2017

Time: 10:00 A.M. (Central) / 11:00 A.M. (Eastern)

Dial-in numbers: 800.230.1093 (domestic) and 612.332.0226 (international)

Conference ID number: 361972

A live presentation webcast of the conference call will be available on the Company’s website at www.denbury.com.  The webcast will be archived on the website and a telephonic replay will be accessible for at least one month after the call by dialing 800.475.6701 (domestic) or 320.365.3844 (international) and entering the conference ID number: 361972.

Denbury is an independent oil and natural gas company with operations focused in two key operating areas: the Gulf Coast and Rocky Mountain regions.  The Company’s goal is to increase the value of its properties through a combination of exploitation, drilling and proven engineering extraction practices, with the most significant emphasis relating to carbon dioxide enhanced oil recovery (CO2 EOR) operations.  For more information about Denbury, please visit www.denbury.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

DENBURY CONTACTS:         John Mayer, Investor Relations, 972.673.2383 Ben Nelson, Financial Analyst, 972.673.2787

INDUSTRY:

Energy and Utilities – Oil and Gas

SUBJECT: CAL

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: DENBURY CONTACTS:         John Mayer, Investor Relations, 972.673.2383 Ben Nelson, Financial Analyst, 972.673.2787}

Globenewswire

FOR: PETROCAPITA INCOME TRUSTCNSX SYMBOL: PCE.UNCSE SYMBOL: PCE.UNCSE SYMBOL: PCE.UN.CNDate issue: April 20, 2017Time in: 8:16 PM eAttention:
CALGARY, ALBERTA–(Marketwired – April 20, 2017) – Petrocapita Income Trust
(CNSX:PCE.UN)(CSE:PCE.UN)(CSE:PCE….

FOR: SUNCOR ENERGY INC.
TSX SYMBOL: SU
NYSE SYMBOL: SU

Date issue: April 20, 2017
Time in: 6:35 PM e

Attention:

CALGARY, ALBERTA–(Marketwired – April 20, 2017) – Suncor will release its
first quarter financial results on Wednesday, April 26, 2017 before 8:00 p.m.
MT (10:00 p.m. ET).

A webcast to review the first quarter will be held at 7:30 a.m. MT (9:30 a.m.
ET) on Thursday, April 27, 2017. Representing management will be Steve
Williams, president and chief executive officer and Alister Cowan, executive
vice president and chief financial officer. A question and answer period with
analysts will follow brief remarks from management. Steve Douglas, vice
president, Investor Relations will host.

Please note, telephone lines are limited and reserved for those who intend to
ask a question.

To participate in the conference, go to suncor.com/webcasts.

An archive of the webcast will be available on suncor.com/webcast.

If you are an analyst or media and would like to participate in the Q&A period:

/T/

— if calling from North America: 1 866-219-5885
— if calling from outside North America: +1 209-905-5918

/T/

Suncor has scheduled its second quarter financial release date for Wednesday,
July 26, 2017.

Annual General Meeting

Suncor will host its Annual General Meeting at 10:30 a.m. MT (12:30 p.m. ET) on
Thursday, April 27, 2017.

/T/

The Metropolitan Conference Centre
333 4th Avenue SW
Calgary, Alberta

/T/

The event will be webcast live on suncor.com/webcasts and archived for 90 days.

Suncor Energy is Canada’s leading integrated energy company. Suncor’s
operations include oil sands development and upgrading, offshore oil and gas
production, petroleum refining, and product marketing under the Petro-Canada
brand. A member of Dow Jones Sustainability indexes, FTSE4Good and CDP, Suncor
is working to responsibly develop petroleum resources while also growing a
renewable energy portfolio. Suncor is listed on the UN Global Compact 100 stock
index and the Corporate Knights’ Global 100. Suncor’s common shares (symbol:
SU) are listed on the Toronto and New York stock exchanges.

For more information about Suncor, visit our website at suncor.com, follow us
on Twitter @SuncorEnergy or together.suncor.com

– END RELEASE – 20/04/2017

For further information:
Investor inquiries:
800-558-9071
invest@suncor.com
OR
Media inquiries:
403-296-4000
media@suncor.com

COMPANY:
FOR: SUNCOR ENERGY INC.
TSX SYMBOL: SU
NYSE SYMBOL: SU

INDUSTRY: Energy and Utilities – Oil and Gas
RELEASE ID: 20170420CC0130

Press Release from Marketwired 1-866-736-3779

All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization
issuing the release, not to The Canadian Press.

FOR: TORONTO REAL ESTATE BOARD

TORONTO, April 20, 2017 (GLOBE NEWSWIRE) — Toronto Real Estate Board CEO John DiMichele has released a statement in response to the new measures announced today by the Ontario Government for homebuyers and renters.

“The Toronto Real Estate Board is encouraged that all levels of government are making the state of the housing market a priority; however, TREB strongly believes that public policy decisions with regard to the housing market should be evidence-based and supported by empirical data. In this regard, it is not clear that the issues targeted by the policies announced today are fully understood at this point, nor is it clear how effective these policies will be, or if they will have unintended outcomes.

TREB continues to believe that more empirical evidence is needed to fully understand the issues that governments are attempting to address. TREB has participated in discussions with policy makers and has taken the initiative to conduct research that has contributed valuable data, and we will continue to do so.

With regard to REALTOR practices as it relates to the home bidding process or representation of sellers and buyers, TREB welcomes a review of the Real Estate and Business Brokers Act, which REALTORS are currently obligated to comply with and is administered by the Real Estate Council of Ontario (RECO). The rules are specific in terms of what REALTORS are required to do and TREB Members follow the rules as set out by REBBA and RECO.” – John DiMichele, TREB CEO 

Government Announcement: https://news.ontario.ca/opo/en/2017/04/making-housing-more-affordable.html

Greater Toronto REALTORS® are passionate about their work. They are governed by a strict Code of Ethics and share a state-of-the-art Multiple Listing Service®. Over 48, 000 residential and commercial TREB Members serve consumers in the Greater Toronto Area.  TREB is Canada’s largest real estate board.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Media Inquiries: Mary Gallagher, Senior Manager Public Affairs   (416) 443-8158 maryg@trebnet.com

INDUSTRY:

Miscellaneous – Miscellaneous

SUBJECT: MIS

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: Media Inquiries: Mary Gallagher, Senior Manager Public Affairs   (416) 443-8158 maryg@trebnet.com}

Globenewswire

FOR: ONEROOF ENERGY GROUP, INC.TSX VENTURE SYMBOL: ONDate issue: April 20, 2017Time in: 5:37 PM eAttention:
SAN DIEGO, CALIFORNIA–(Marketwired – April 20, 2017) – OneRoof Energy Group,
Inc. (“OneRoof Energy” or the “Company”) (TSX VENTURE:ON) is pleas…

FOR: KELT EXPLORATION LTD.TSX Symbol: KELDate issue: April 20, 2017Time in: 4:51 PM eAttention:
CALGARY, AB –(Marketwired – April 20, 2017) – Kelt Exploration Ltd. (TSX:
KEL) (“Kelt” or the “Company”) is pleased to announce that all matters
presented…

FOR: AUTOMOTIVE INDUSTRY ACTION GROUP (AIAG)

SOUTHFIELD, Mich., April 20, 2017 (GLOBE NEWSWIRE) — Last August, the Automotive Industry Action Group hit a milestone in membership, welcoming its 1,500th new member into the AIAG community. Today, just seven months later, the association celebrates another accomplishment: surpassing the 2,000 member mark.

“Achieving 2,000 members is a great sign that the value of the standards and best practices created by the industry for the industry at AIAG are gaining even more recognition of the value they provide the entire automotive supply chain,” says David A. Lalain, AIAG’s vice president, member services. “Of course, the true benefit is only realized when these standards and best practices are utilized by the entire industry, from the OEMs and Tier Ones to the Tier Twos and beyond. More and more companies are realizing that membership makes it easier for them to access the tools they need to work at their best and keep current on the latest industry developments.”

Nancy Malo, an AIAG membership manager, notes that current members have played a significant role in continuing the upswing in the AIAG member community. “Reaching 2,000 member companies was achieved with help from our existing, dedicated members who consistently communicate AIAG’s value to their sub-tier supply base, and we thank them for that,” she says. “In fact, our larger members believe so strongly in the work the industry does at AIAG that they’re sponsoring 5-year memberships for smaller suppliers who qualify. They want the entire industry to improve as a whole through the best practices developed at AIAG.”

Kathryn LaFerle, also an AIAG membership manager, notes that AIAG’s work to revitalize the sub-tier supply base has contributed to this latest membership milestone. “We are particularly focused on attracting and servicing the needs of emerging automotive professionals,” she says. “For example, those new to the industry enjoy monthly Future Automotive Experts meetings, which feature a talk by an automotive expert followed by Q&A and networking. Topics include quality, leadership, and how to grow a career in automotive.”

“The popularity of these meetings has grown dramatically because they give new automotive professionals access to successful industry experts,” says LaFerle. “And the experts get a lot out of it as well because they engage with the industry’s rising talent.”

The AIAG membership team points to the recent rise in automotive professionals, supported by the revitalization of college-level and adult continuing education programs with real-world automotive industry content. AIAG is also working hard to attract minority-owned businesses and collaborate with sister organizations in the Southeast U.S., Canada, and Mexico to support increasing demand for local sources of advanced manufacturing skills.

J. Scot Sharland, AIAG’s executive director, adds that as AIAG drives awareness, access, and utilization of industry standards and allied best practices across the industry, the natural result is a growing number of automotive companies interested in joining the movement. “Together, we are mitigating risk and managing uncertainty for all of the automotive supply chain,” says Sharland. “Our rapidly growing membership is thriving due to self-assessments, best practices, standards, and training, which is resulting in more predictable manufacturing outcomes.”

About AIAGThe Automotive Industry Action Group is a unique not-for-profit organization where OEMs, suppliers, service providers, government entities, and individuals in academia have worked collaboratively for more than 30 years to drive down costs and complexity from the supply chain. AIAG membership includes preeminent manufacturers and many of their parts suppliers and service providers. To learn more about AIAG membership, call 248.358.9780 or visit www.joinAIAG.org.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact: Greg Creason, AIAG Ph. 248.358.9775

INDUSTRY:

Miscellaneous – Miscellaneous

SUBJECT: MIS

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: Contact: Greg Creason, AIAG Ph. 248.358.9775}

Globenewswire

FOR: SAVANNA ENERGY SERVICES CORP.TSX SYMBOL: SVYDate issue: April 20, 2017Time in: 3:33 PM eAttention:
CALGARY, ALBERTA–(Marketwired – April 20, 2017) – Savanna Energy Services
Corp. (“Savanna” or the “Company”) (TSX:SVY) intends to release its First…

FOR: BENU NETWORKS

BILLERICA, Mass., April 20, 2017 (GLOBE NEWSWIRE) — Benu Networks, a leading provider of innovative virtual network solutions that enable service providers to rapidly create and deliver next generation IP services, today announced participation in two upcoming industry events, NFV World Congress and ANGA COM.

At both events, Benu Networks will highlight how service providers around the world have utilized its Virtual Service Edge platform to overcome network challenges, enable the rapid deployment of new, compelling IP-based services, and generate profitable revenue streams.  Details of Benu Networks’ presence at each event is as follows:

• NFV World Congress: May 2 – 5, 2017, Doubletree Hilton Hotel, San Jose, CA

• Ajay Manuja, Benu Networks’ V.P. of Engineering, will be participating in the panel debate entitled “Commercializing NFV” to be held on Wednesday, May 3, 2017, from 5:30pm to 6:05pm.
• Visit Benu Networks at Booth #22 in the exhibition area (Bayshore Ballroom).

• ANGA COM: May 30 – June 1, 2017, Koelnmesse/Cologne Fair Grounds, Köln, Germany

• Alkesh Patel, Benu Networks’ General Manager of EMEAI, will be participating in the panel entitled “Challenges & Opportunities of Taking the Service Experience to the Cloud” to be held in Room #2 on Tuesday, May 30, 2017 from 4:30pm to 5:45pm.

To request a meeting with Benu Networks at these events, please email events@benunets.com.

Benu Networks’ Virtual Service Edge (VSE) platform seamlessly integrates with service providers’ operations and business systems to facilitate a comprehensive network solution that is fully virtualized to enable security, scalability and service agility. The VSE solution enables rapid cloud-based service deployment, dynamic service control, and increased customer care responsiveness. The VSE dramatically improves service providers’ time-to-market with differentiated managed service offerings for Mobile Wi-Fi, Managed Business Networking and Managed Home Networking services.

“Benu Networks is pleased to participate in these important industry events,” stated Mads Lillelund, CEO, Benu Networks.  “These forums are a perfect setting to showcase how Benu Networks’ VSE platform is a catalyst for cost-effectively launching new customized services, attracting and retaining subscribers, increasing service revenues, and enabling a competitive advantage for service providers in today’s fiercely competitive marketplace.”

About Benu NetworksBenu Networks’ carrier-class Virtual Service Edge (VSE) software platform enables the rapid creation and delivery of next generation IP services over a converged infrastructure, and empowers service providers to increase revenue, expand market leadership, and meet the dynamic needs of their business, residential and mobile customers. For more information, please visit the Benu Networks’ website: www.benunetworks.com.  Follow us on Twitter @benunets.

FOR FURTHER INFORMATION PLEASE CONTACT:

For Benu Networks, please contact: Kelly Friedland Director of Marketing 781-640-4864 kfriedland@benunets.com

INDUSTRY:

Computers and Software – Software

SUBJECT: CAL

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: For Benu Networks, please contact: Kelly Friedland Director of Marketing 781-640-4864 kfriedland@benunets.com}

Globenewswire

FOR: ANGOSS SOFTWARE CORPORATION

TORONTO, April 20, 2017 (GLOBE NEWSWIRE) — Angoss Software Corporation (Angoss) announces the release of version 10.3 Software Platform and the launch of KnowledgeENTERPRISE product for Big Data access, analytics, and visualization.

In version 10.3 Angoss has made significant user interface (UI) enhancements to its product suite: KnowledgeSEEKER™; KnowledgeSTUDIO™; KnowledgeENTERPRISE; KnowledgeREADER™; KnowledgeCORE™; and InsightOPTIMIZER™.  This new look and feel now provides users with a modern, intuitive, and easy-to-use software interface that further minimizes the learning curve, increases collaboration, and improves operational efficiencies.

Most importantly, with the rising demand for Big Data enabled data science platforms and noticeable enterprise IT trends, Angoss has launched its Big Data ready product, KnowledgeENTERPRISE.  Armed with Apache Spark technology and Angoss’ advanced data mining software capabilities, KnowledgeENTERPRISE gears its users with unprecedented access to analyze data within Big Data repositories like Hadoop HDFS, Amazon S3, Cassandra, etc. This all-encompassing software solution enables access to open source machine-learning libraries, Big Data technologies, collaboration and governance capabilities, comprehensive advanced analytics functionality, and numerous deployment options allowing users to overcome challenges in Big Data ingestion, access, and results interpretation.

With the launch of KnowledgeENTERPRISE, Angoss enables businesses to streamline their various analytics tools by providing companies with access to a single, fully-integrated and scalable Big Data application that not only considerably reduces infrastructure costs, resources, and maintenance but also enables its users to run all advanced analytics tasks in their Big Data frameworks.

Additionally, KnowledgeENTERPRISE boasts numerous collaboration functionalities such as an interactive UI, analytical flexibility which enables custom coding in Python, R, language of SAS, SQL and PMML, BI tool integration with Tableau and Qlik, automation, and governance features that help organizations institutionalize knowledge and promote collaboration across heterogeneous teams of different skills and tool requirements. These, along with comprehensive data mining capabilities, Big Data access enablement, and various deployment options make this enterprise platform a perfect choice for unifying infrastructure, technology, and data science teams within organizations.

“Enabling Big Data access and data insight discovery for our customers was the main driving force behind the design of KnowledgeENTERPRISE. Doing it with ease was the next,” said Vikram Gaitonde, Vice President of Product Management at Angoss. “We want our users to experience what it is to work with a single, user-friendly application that performs all advanced analytics and data processing in the customers’ big data environment. With our recent positioning as a ‘Leader’ in the Forrester Predictive Analytics and Machine Learning Wave we are well on our way to becoming your primary advanced analytics platform.”

About Angoss Software Corporation

Angoss is a global leader in delivering advanced analytics to businesses looking to improve performance across risk, marketing and sales. With a suite of big data analytics software solutions and consulting services, Angoss delivers powerful approaches that provide you with a competitive advantage by turning your information into actionable business decisions.

Many of the world’s leading organizations in financial services, insurance, retail and high tech rely on Angoss to grow revenue, increase sales productivity and improve marketing effectiveness while reducing risk and cost. Headquartered in Toronto, Canada, with offices in the United States, United Kingdom and Singapore, Angoss serves customers in over 30 countries worldwide. For more information, visit the www.angoss.com.

Follow Angoss on Twitter for continuous company updates: @Angoss

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Media Contact: Joanna Balkowski Senior Product Marketing Manager 416-593-2439 jbalkowski@angoss.com

INDUSTRY:

Computers and Software – Software

SUBJECT: MIS

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: Media Contact: Joanna Balkowski Senior Product Marketing Manager 416-593-2439 jbalkowski@angoss.com}

Globenewswire

FOR: ALTAIR ENGINEERING INC.

TROY, Mich., April 20, 2017 (GLOBE NEWSWIRE) — Altair’s product development services division Altair ProductDesign is honored to receive a 2016 Boeing Performance Excellence Award. The Boeing Company issues the award annually to recognize suppliers who have achieved superior performance. To qualify for the award, Altair maintained a silver composite performance rating for each month of the 12-month performance period, from Oct. 1, 2015, to Sept. 30, 2016. Altair has received this award for outstanding achievement for the fourth year in a row and for the fifth time in the last seven years.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/b4239ac7-61aa-42e8-bc89-71fa2aaa9eba.

“Altair ProductDesign is honored to receive this award for a fifth time”, said Mak Gilbert, Program Manager at Altair ProductDesign. “We truly value Boeing’s appreciation and recognition of the consistently smart, hard work our engineers conduct daily to support their design of lightweight, high performing aircraft,” he said.

The Altair ProductDesign approach to aerospace design includes an aggressive application of simulation technologies upfront in the development process. This ‘Simulation Driven Innovation’ philosophy allows us to find the optimal balance between weight, performance and cost for products being developed and results in a program with reduced risk and shorter cycle times to deliver an aircraft, helicopter or spacecraft that meets functional attributes and mass targets on time.

“We are delighted to have been chosen once again by Boeing. We strive to help Boeing produce great products that are engineered for performance, efficiency, and safety. This award is an outstanding recognition of the exceptional Altair engineers that support Boeing engineering goals and objectives,” said Brett Chouinard, Chief Operating Officer, Altair. 

For more information on the full range of Altair ProductDesign design solutions and services please visit www.altairproductdesign.com.

About ALTAIR

Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. Privately held with more than 2,600 employees, Altair is headquartered in Troy, Michigan, USA and operates more than 50 offices throughout 22 countries. Today, Altair serves more than 5,000 corporate clients across broad industry segments. To learn more, please visit www.altair.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Media Contacts Altair: Corporate / Americas / Asia Pacific Biba A. Bedi +1.757.224.0548 x 406 biba@altair.com Europe / The Middle East / Africa Evelyn Gebhardt +49 6421 9684351 gebhardt@bluegecko-marketing.de

INDUSTRY:

Computers and Software – Software

SUBJECT: MIS

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: Media Contacts Altair: Corporate / Americas / Asia Pacific Biba A. Bedi +1.757.224.0548 x 406 biba@altair.com Europe / The Middle East / Africa Evelyn Gebhardt +49 6421 9684351 gebhardt@bluegecko-marketing.de}

Globenewswire

FOR: SPROTT RESOURCE HOLDINGS

TORONTO, April 20, 2017 (GLOBE NEWSWIRE) — Sprott Resource Holdings Inc. (“SRHI”) (TSX:SRHI) is pleased to announce that it has closed its previously announced “best efforts” marketed offering (the “Offering”) of units (the “Offered Units”) made pursuant to an agency agreement dated April 3, 2017 between SRHI and a syndicate of agents led by Sprott Capital Partners, a division of Sprott Private Wealth LP, and including Haywood Securities Inc.

Pursuant to the Offering, SRHI sold 120,000,000 Offered Units at a price of $0.25 per Offered Unit for gross proceeds of $30,000,000. Each Offered Unit consisted of one class “A” common share in the capital of SRHI (a “Common Share”) and one Common Share purchase warrant (a “Warrant”). The Warrants expire on February 9, 2022 and have an exercise price of $0.333 per Common Share. 

As previously announced, SRHI intends to use the net proceeds of the Offering towards making investments in the natural resource sector and for general working capital purposes.

The Offering was completed pursuant to a short form prospectus filed in each of the provinces of Canada other than Quebec. A copy of the short form prospectus, which contains important information relating to the Units, is available on SEDAR at www.sedar.com.

The Offered Units, Common Shares and Warrants, as well as the Common Shares issuable upon exercise of the Warrants, have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any securities or “blue sky” laws of any of the states of the United States. Accordingly, such securities may not be offered or sold within the United States except in accordance with an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

About Sprott Resource Holdings Inc.

SRHI is a publicly-listed corporation transitioning into a diversified holding company focused on holding businesses in the natural resource industry. Based in Toronto, SRHI is part of the Sprott Group of Companies and is managed by a team of leading resource investment professionals. SRHI’s current holdings are concentrated in the mining, energy and agriculture sectors. SRHI takes an active role in the companies in which it invests and is committed to being a high-value partner to the management teams it backs and the co-investors who invest alongside SRHI. For more information about SRHI, please visit www.sprottresource.com.

Forward-Looking Information and Statements

Certain statements in this press release contain forward-looking information (collectively referred to herein as the “Forward-Looking Statements”) within the meaning of applicable securities laws including, but not limited to, statements about the expected use of proceeds from the Offering and expectations regarding trading on the TSX.

Forward-Looking Statements are based on a number of expectations or assumptions which have been used to develop such statements and information but which may prove to be incorrect. Although management believes the expectations and assumptions reflected in such Forward-Looking Statements are reasonable, undue reliance should not be placed on Forward-Looking Statements because management can give no assurance that such expectations and assumptions will prove to be correct. The Forward-Looking Statements included in this press release, including with respect to the intended use of the net proceeds of the Offering, are not guarantees of future performance and should not be unduly relied upon. Such information and statements, including the assumptions made in respect thereof, involve known and unknown risks, uncertainties and other factors, which may cause actual results or events to differ materially from those anticipated in such Forward-Looking Statements. Additional information on other factors that could affect the operations or financial results of SRHI are included in reports on file with applicable securities regulatory authorities, including, but not limited to, those listed under the heading “Risks relating to the Company generally” in SRHI’s Management’s Discussion and Analysis for the Year Ended December 31, 2016. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the Forward-Looking Statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the Forward Looking Statements contained in this press release.

The Forward-Looking Statements contained in this press release speak only as of the date of this press release, and SRHI does not assume any obligation to publicly update or revise any of the included Forward-Looking Statements, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.

Contact:

Glen WilliamsDirector of CommunicationsSprott Group of CompaniesE: gwilliams@sprott.comT: 416-943-4394

FOR FURTHER INFORMATION PLEASE CONTACT:

INDUSTRY:

Financial Services – Commercial and Investment Banking

SUBJECT: STK

NEWS RELEASE TRANSMITTED BY Globe Newswire

^Information:

Globenewswire

FOR: PREVECEUTICAL MEDICAL INC

VANCOUVER, British Columbia, April 20, 2017 (GLOBE NEWSWIRE) — PreveCeutical Medical Inc. (“PMI”) a health and wellness company focused on utilizing nature and science for the benefit of health-conscious consumers, is pleased to announce that it signed a research and option agreement (the “Agreement“) with UniQuest Pty Limited (“UniQuest”) for conducting a research program (the “Research Program“) for the development of Scorpion Venom-Derived Natural & Synthetic Peptides. UniQuest is the main commercialisation company for the University of Queensland (“UQ”).

PMI has an interest in the preventative health sector and is developing products derived from Caribbean Blue Scorpion Venom for the nutraceutical and eventual pharmaceutical market. This includes the CellB9 Immune System Booster product, which contains peptides that are obtained from the Caribbean Blue Scorpion. In collaboration with UniQuest, PMI would like to identify the active components (peptides) that are providing the immune boosting and tumor selective painting properties, access synthetic versions of the active peptides as an alternative to relying on milking the Caribbean Blue Scorpions, and ultimately identify other therapeutic applications for the Blue Scorpion Venom and/or active peptides.

The duration of the proposed Research Program is up to twenty-four (24) months and will encompass the identification of milked Caribbean Blue Scorpion Venom-containing peptides, chemical synthesis of natural and synthetic peptide variants stabilised with UQ’s proprietary chemistry, followed by screening the peptides in various disease models of interest to PMI and UniQuest. The proposed Research Program will be carried out in three (3) phases.

Under the Agreement, intellectual property arising from the carrying out of, results developed during, or created by the Research Program (excluding any improvements to existing intellectual property used in the Research Program) will be owned by PMI. At any time during the Research Program or for an agreed period after the completion of the Research Program, the Agreement provides PMI with an option to negotiate with UniQuest for a license (the “Licence”) to use UniQuest’s intellectual property for the commercialisation of blue scorpion venom derived products by PMI. The granting of the license is subject to the parties negotiating the terms of the License and entering into a definitive licensing agreement.

“Working with UniQuest and the University of Queensland on this research program presents PMI with unique opportunities towards developing products that promote good health and wellness.  Wellness products developed from Scorpion Venom-Derived Natural & Synthetic Peptides have the potential to be utilised in a number of therapeutic applications including boosting immune systems”, said Stephen Van Deventer, PMI’s Chairman and Chief Executive Officer.    

Information on these projects will be presented by Dr. Makarand Jawadekar, PMI’s Chief Science Officer, and Dr. Harendra (Harry) Parekh, of the University of Queensland’s School of Pharmacy, at PMI’s presentation on April 27, 2017.

Presentation Information:

Venue:          The Fairmont Waterfront Hotel (900 Canada Pl, Vancouver, BC V6C 3L5), Malaspina Room

Date:            Thursday, April 27, 2017

Time:            1:30 p.m. PDT to 6:00 p.m. PDT

Confirm your attendance, register by clicking here: https://preveceutical-presentation-2017.eventbrite.ca/

Update on Previously Announced Amalgamation and Financing

The non-brokered private placement of up to 10 million units for minimum gross proceeds of at least $1 million and maximum gross proceeds of up to $5 million (the “Financing”) being conducted by Carrara Exploration Corp. (CSE:CAA) (“Carrara”), pursuant to a previously announced amalgamation agreement, is ongoing. The amalgamation agreement provides for the acquisition of PMI by Carrara by way of a three-cornered amalgamation and a reverse take-over of Carrara by PMI. A copy of the news release announcing the Financing and a copy of the amalgamation agreement were posted on Carrara’s profile on the System for Electronic Document Analysis and Retrieval (SEDAR)’s website on March 23, 2017, and can be accessed at www.sedar.com.

About UniQuest Pty Ltd.

UniQuest is the main commercialization company of UQ, specialising in the commercialisation of intellectual property, research outcomes and expertise.  UniQuest delivers commercialization outcomes which provide impact for business, the environment, global communities and society as a whole.  UniQuest benchmarks in the top 10 percent globally for university-based technology transfer. UQ innovations licenced by UniQuest are now generating annual sales of over $3 billion. For example, UQ superconductor technology, through licensing arrangements, is used in two-thirds of the world’s MRIs and more than 80 million doses of the life-saving Gardasil® cervical cancer vaccine, patented by UniQuest in 1991, have been distributed throughout 121 countries, including 72 developing countries.

On Behalf of the Board of Directors,

Stephen Van DeventerChairman & CEO

Forward-Looking Statements:

This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable Canadian securities laws. Readers are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly, are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. Statements in this news release that are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations and orientations regarding the future. Often, but not always, forward-looking statements can be identified by words such as “pro forma”, “plans”, “expects”, “may”, “should”, “budget”, “schedules”, estimates”, “forecasts”, “intends”, “anticipates”, “believes”, “potential” or variations of such words including negative variations thereof and phrases that refer to certain actions, events or results that may, could, would, might or will occur or be taken or achieved. Such forward-looking statements include, among others, statements as to the terms and conditions or other matters related to the Agreement, the proposed research and development services to be provided by UniQuest, the details of the Research Program, the anticipated business plans of PMI regarding the foregoing, the timing of future activities and the prospects of their success for PMI, PMI’s ability and success in executing its proposed business plans, including the Research Program and the amalgamation. Actual results could differ from those projected in any forward-looking statements due to numerous factors including risks and uncertainties relating to the inability of Carrara to complete the Financing and the inability of PMI or UniQuest, to complete the Research Program as planned and obtain any required governmental approvals, permits or financing required to carry out planned future activities. Other factors such as general economic, market or business conditions or changes in laws, regulations and policies affecting the biotechnology or pharmaceutical industry, may also adversely affect the future results or performance of PMI. There is no guarantee that any of the proposed research programs will be successful or their results can be commercialised by PMI. There is no guarantee that the Research Project or the amalgamation will be completed. These forward-looking statements are made as of the date of this news release and, unless required by applicable law, PMI assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in these forward-looking statements. Although PMI believes that the statements, beliefs, plans, expectations, and intentions contained in this news release are reasonable, there can be no assurance that those statements, beliefs, plans, expectations, or intentions will prove to be accurate. Readers should consider all of the information set forth herein and should also refer to other periodic reports provided by PMI from time-to-time. 

FOR FURTHER INFORMATION PLEASE CONTACT:

PreveCeutical Medical Inc. Suite 605 – 815 Hornby Street, Vancouver, B.C., V6Z 2E6, Canada www.preveceutical.com 1 (866) 398-1288

INDUSTRY:

Pharmaceuticals and Biotech – Biotech

SUBJECT: HLTCAL

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: PreveCeutical Medical Inc. Suite 605 – 815 Hornby Street, Vancouver, B.C., V6Z 2E6, Canada www.preveceutical.com 1 (866) 398-1288}

Globenewswire

FOR: MITEL NETWORKS

• Headlined by Olympic gold medalist Michael Johnson, President and Founder of Michael Johnson Performance, and Dr. Vijay Gurbaxani, Founding Director of the Center for Digital Transformation at University of California, Irvine.
• Features an Innovation Center, group training and highly-collaborative workshops with hands-on experience.
• Register now for the San Antonio, Texas, event and receive a discounted rate through April 28.

TROY, Mich., April 20, 2017 (GLOBE NEWSWIRE) — The Mitel User Group, a global community driven and managed by customers of Mitel® (Nasdaq:MITL) (TSX:MNW), a global leader in enterprise communications, will hold its annual conference and general meeting May 30-June 2 welcoming members from across the Americas Region to the JW Marriott in San Antonio, Texas.

The Elite Experience event includes a full lineup of speakers with keynotes from Michael Johnson and Dr. Vijay Gurbaxani. Johnson, 13-time World and Olympic gold medalist, operates a Dallas-based Athletic Performance training center. Hear how his organization radically improved the way its coaches communicate with athletes around the world. Then, get unique insight from Dr. Gurbaxani, Founding Director of the Center for Digital Transformation at the University of California, Irvine, on the imperative of digital transformation, what companies need to focus on and how today’s technology will shape tomorrow’s business.

Mitel CEO Rich McBee and others from the company’s senior leadership team are also scheduled to speak. Come interact with leading customers and experts across government, healthcare, hospitality, education and more. Breakout sessions and product demonstrations will cover a range of solutions around cloud, collaboration, contact center, enterprise mobility and beyond.

To attend, register now and receive the discounted rate through April 28.

Quotes

“Elite Experience is a ‘must-attend’ event for getting real-world, practical solutions to your organization’s business communications challenges,” Torre Bookout, President of Americas Region, Mitel User Group. “It provides a unique opportunity to make new connections, learn best practices from peers at companies in industries like your own and start to envision how your business will evolve to enter the era of digital transformation.”

“As digital transformation accelerates worldwide, it’s redefining how companies communicate and collaborate,” said Rich McBee, CEO, Mitel. “Mitel is providing businesses a path forward, no matter their starting point or speed of journey, with communications and collaboration solutions that will allow them to leverage next-generation mobile, cloud-based productivity and IoT applications to gain a competitive advantage.”

Social Media Twitter: .@mitelusergroup hosts Elite Experience Event May 30-June 2 in San Antonio, Texas, at the JW Marriott

Tags/Keywords Mitel, Mitel User Group, Digital Transformation

About Mitel User GroupThe Mitel User Group is an independent resource for Mitel product knowledge and education on Mitel platforms, applications, services and third-party solutions. It’s a venue to share and exchange information, and communicate ideas and experiences with users from around the world. Join the Mitel User Group.

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information Torre Bookout 479-770-1999 boardofdirectors@mitelusergroup.com

INDUSTRY:

Telecom – Telecommunication Equipment

SUBJECT: MISTS

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: Contact Information Torre Bookout 479-770-1999 boardofdirectors@mitelusergroup.com}

Globenewswire

FOR: YOUI.TV

OTTAWA and BERGEN, Norway, April 20, 2017 (GLOBE NEWSWIRE) — You.i TV, a global leader in video experience platforms, and Vimond, experts in the development of OTT video solutions, today announced Vimond’s entry into the You.i TV Partner Program as part of a joint commitment to accelerate global availability of superior, cross-platform video experiences.

You.i TV and Vimond are providing SVOD and TV Everywhere solutions with differentiated one-stop access to the front- and back-end elements needed to achieve direct-to-consumer success. The collaboration allows customers to leverage the combined power of the Vimond Platform, a multi-tenant architecture that includes tools and controls needed to manage and deliver multi-format OTT services, and the You.i Engine experience  platform, which expedites availability of best-in-class video apps at scale.

Learn more about the joint You.i TV and Vimond solution by visiting the Vimond booth SU10105C at NAB 2017 in Las Vegas.

The Vimond Platform covers the full scope of OTT back-end operations — from ingest and encoding to conditional access and business intelligence reporting — providing a comprehensive environment that addresses creative, logistical, and business needs. Vimond provides the platform for many award-winning TV Everywhere services, including Thomson Reuters, Swedish TV4 Play, TV 2, RiksTV and NRK in Norway, MTV in Finland, and C-More in Northern Europe. Vimond has also delivered revolutionary SVOD services for iflix in SE Asia and for Comcast in the USA. All of these companies are market leaders and rely on Vimond’s leading edge products for their online TV services.

“Vimond’s customer base has been built on the strength of our tool set that offers comprehensive answers to our customers’ growing DTC businesses,” said Stein Erik Sorhaug, Vice President, Product Strategy for Vimond.  “Our partnership with You.i TV creates significant new value for our customers by giving them the opportunity to create video app experiences that differentiate their offerings and engage viewers across the vast universe of smartphones, tablets, smart TVs, set-top boxes and gaming consoles.”

“You.i TV and our partners are reshaping the TV landscape by delivering ‘user first’ experiences that are more engaging and better for our customers’ businesses,” said Susan Odle, Director of Business Partners for You.i TV.  “By adding Vimond to our Partner Program, we’re increasing our ability to offer the advantages of the You.i Engine development environment within solutions that are designed to meet each video service provider’s needs.”

Vimond’s powerful platform is used by broadcasters and content owners around the world to efficiently manage their online video services, including live, linear and on-demand video. Vimond understands broadcasting workflows, supporting customers as they build online video services, and using the flexible and scalable platform modules to customise the solution to fit the differing requirements of each customer.

You.i Engine allows content providers to reduce cost and time-to-market by using a single codebase and the power of device graphics processing resources for the creation of video app experiences.  The unique approach enables flexible app experiences that quickly can be adapted to changing content, in-app advertising and consumer needs, and that can provide UXs that are consistent across every device.

About VimondVimond Media Solutions develops modular, interoperable and custom OTT solutions for the new world of TV. Established in 2011, with headquarters in Bergen, Norway, and offices around the world –  New York, Sydney, Dubai – Vimond powers services from world-leading online TV brands, such as Comcast, Fox Sports, iflix, Optus, Thomson Reuters, TV 2, TV.AE and top broadcasters and service providers globally. Vimond helps these companies adapt and grow a rapidly changing digital audience by providing unique technology and expertise. For more information on Vimond Media Solutions and its products, visit www.vimond.com.

About You.i TVYou.i TV is a privately held company whose multi-screen video app platform enables TV and media companies worldwide to create fans, engage users and convert customers.  The company’s You.i Engine allows brand owners to build personalized, profitable experiences quickly on all platforms – mobile devices, set-top boxes, consoles, and streaming devices – from a single code base. Organizations such as Turner, Fox, Sony, Rogers Communications, Corus Entertainment and the Canadian Football League are spearheading direct-to-consumer strategies using You.i Engine-powered TV applications. You.i Engine has been licensed in major industry genres, including entertainment, kids, sports, and news. For more information about You.i TV, visit our About Page, Product Page, or take a look at the You.i TV Blog.

FOR FURTHER INFORMATION PLEASE CONTACT:

Media Contacts: Miguel Silva, CCO Vimond Media Solutions Tel: +47 951 31 604 miguel@vimond.com Trisha Cooke, VP Marketing You.i TV +1.613.608.6417 trisha.cooke@youi.tv Paul Schneider, PSPR, Inc. for You.i TV +1.215.817.4384 pspr@att.net

INDUSTRY:

Computers and Software – Hardware

SUBJECT: PRTPDT

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: Media Contacts: Miguel Silva, CCO Vimond Media Solutions Tel: +47 951 31 604 miguel@vimond.com Trisha Cooke, VP Marketing You.i TV +1.613.608.6417 trisha.cooke@youi.tv Paul Schneider, PSPR, Inc. for You.i TV +1.215.817.4384 pspr@att.net}

Globenewswire

FOR: ALECTRA INC.
Date issue: April 20, 2017Time in: 1:00 PM eAttention:
MISSISSAUGA, ON –(Marketwired – April 20, 2017) – Brian Bentz, President and
Chief Executive Officer of Alectra Inc. (Alectra), announced today that Peter
Gregg, President of Al…

FOR: MGX MINERALS INC.

VANCOUVER, British Columbia, April 20, 2017 (GLOBE NEWSWIRE) — MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce it has received independent laboratory-testing results from the Saskatchewan Research Council (“SRC”) on the Company’s patent-pending “Method for Extraction of Lithium from Salt Brine” (U.S. Provisional Patent #62/419,011).

As reported by SRC, the Company’s proprietary design process was successful in recovering up to 83.7% lithium (Li) and concentrating 461 ppm Li from a 71 ppm representative sample of formation brine originating from the Sturgeon Lake oilfield.

“The results of laboratory testing by SRC provide third-party validation of our proprietary design process and its ability to rapidly separate lithium and other valuable minerals from wastewater brine,” stated MGX President and CEO Jared Lazerson. “We have made many advancements since this original process design, but this validation is important and we will continue to rely on SRC for independent testing and improvements of both active and newly developed passive filtration technologies.”

Excerpts from the SRC Summary Report- Metallurgical Tests and Executive Summary- are outlined verbatim below. Note that certain portions of the report have been redacted to protect proprietary information and data:

Table 1. Assay Results of the as Received Brine Sample

Element	K	Mg	Na	Cl	Ca	SO 2-4	Sr	Br	Li
Assay (ppm)	4212	2903	60747	116632	24753	186	1080	334	71

SRC independently carried out multi-stage evaporation tests following the patent-pending design process as provided by MGX. As reported by SRC in the executive summary:

1. It was not feasible to remove 90% of the water in the primary evaporation of the Formation brine because the formation of the jel-like material made the filtration impossible. The maximum water evaporation was 66% of the feed brine mass before the jel formation. Approximately 97% of Na, 26% of K, 35% of Ca and 29% of Mg were precipitated. The recovery of Li and Sr was 75.6% and 68.8%, respectively. 
2. The modified processes including magnesium precipitation by lime followed by the primary evaporation to precipitate NaCl and the secondary evaporation to precipitate CaCl2 and concentrate lithium.
3. The Mg removal was very effective and more than 99.99% of Mg was removed. The residue Mg in the brine was less than 0.1 ppm. The lithium recovery was 84.1% and the Sr recovery was 80.1%.
4. In the primary evaporation process, 67% of the feed brine mass was evaporated as water and more than 96% of Na was removed as NaCl. There were almost no Li or Sr loss in this process. Li was concentrated from 60 ppm to 321 ppm.
5. In the secondary evaporation process, 26% of the feed brine mass was evaporated as water and 12% of Ca was removed as CaCl2. The lithium recovery was 94.1% and the Sr recovery was 94.6%. The sample turned to a jel-like material after further evaporation to remove 40% of the brine mass as water.
6. In the whole process, the estimated water evaporated was 72% of the total feed brine mass. More than 99.99% of Mg, 99% of Na, 45% of K and 25% of Ca were precipitated from the brine. The overall recovery was 83.7% for Li and 77.2% for Sr. Lithium was concentrated to 461 ppm from 71 ppm. However, the impurity level, especially Ca, was still very high and further removal of Ca through evaporation is not feasible.

SRC has provided the Company with several recommendations to remove Ca impurity levels. The full report will be filed on SEDAR within 45 days.

Qualified Person

The technical portions of this press release were prepared and reviewed by Andris Kikauka (P. Geo.), Vice President of Exploration for MGX Minerals. Mr. Kikauka is a non-independent Qualified Person within the meaning of National Instrument (N.I.) 43-101 Standards.

MGX may decide to advance its petrolithium projects into production without first establishing mineral resources supported by an independent technical report or completing a feasibility study. A production decision without the benefit of a technical report independently establishing mineral resources or reserves and any feasibility study demonstrating economic and technical viability creates increased uncertainty and heightens economic and technical risks of failure. Historically, such projects have a much higher risk of economic or technical failure.

About MGX Minerals

MGX Minerals is a diversified Canadian mining company engaged in the development of large-scale industrial mineral portfolios in western Canada and the United States. The Company operates lithium, magnesium and silicon projects throughout British Columbia and Alberta as well as petrolithium exploration in Utah. Learn more at www.mgxminerals.com.

About SRC

The Saskatchewan Research Council (SRC) is one of Canada’s leading providers of applied research, development and demonstration (RD&D) and technology commercialization. With more than 375 employees, $70 million in annual revenue and over 69 years of RD&D experience, SRC provides products and services to its 1,500 clients in 20 countries around the world.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This press release contains forward-looking information or forward-looking statements including the completion of the rights offering (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “potentially” and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the Company’s public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company’s profile on SEDAR at www.sedar.com. 

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact Information Jared Lazerson President and CEO Telephone: 1.604.681.7735 Web: www.mgxminerals.com

INDUSTRY:

Manufacturing and Production – Mining and Metals

SUBJECT: MIS

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: Contact Information Jared Lazerson President and CEO Telephone: 1.604.681.7735 Web: www.mgxminerals.com}

Globenewswire

FOR: CRESCENT POINT ENERGY CORP.
TSX SYMBOL: CPG
NYSE SYMBOL: CPG

Date issue: April 20, 2017
Time in: 11:46 AM e

Attention:

CALGARY, ALBERTA–(Marketwired – April 20, 2017) – Crescent Point Energy Corp.
(“Crescent Point” or the “Company”) (TSX:CPG) (NYSE:CPG) plans to report its
first quarter 2017 financial and operating results via news release prior to
the opening of markets on Thursday, April 27, 2017. Crescent Point management
will host a conference call at 10:00 a.m. MT (12:00 p.m. ET) on April 27, 2017,
to discuss the results and outlook for the Company.

Participants can access the conference call by dialing 844-231-0101 or
216-562-0389. Alternatively, to listen to this event online, please enter
http://edge.media-server.com/m/p/ihfs4jr6 in your web browser.

For those unable to participate in the conference call at the scheduled time,
it will be archived for replay. You can access the replay by dialing
855-859-2056 or 404-537-3406 and entering the passcode 94659266. The replay
will be available approximately one hour following completion of the call. The
webcast will be archived on Crescent Point’s website at
www.crescentpointenergy.com.

The Company also announces that its Annual General Meeting (“AGM”) will be held
on Wednesday, May 24, 2017, at 2:00 p.m. MT (4:00 p.m. ET) in the Imperial
Ballroom of the Hyatt Regency Calgary (700 Centre Street S.E.). Shareholders
are encouraged to attend.

For those unable to attend, a webcast presentation of the Company’s AGM will
begin at approximately 2:15 p.m. MT (4:15 p.m. ET), following the conclusion of
the business portion of the meeting.

To listen to this event, please enter http://edge.media-server.com/m/p/m42z3pxa
in your web browser.

For more information about Crescent Point’s AGM please visit
www.crescentpointenergy.com/invest/agm-2017.

Crescent Point is a leading North American light and medium oil producer that
seeks to maximize shareholder return through its total return strategy of
long-term growth plus dividend income.

CRESCENT POINT ENERGY CORP.

Scott Saxberg, President and Chief Executive Officer

Crescent Point shares are traded on the Toronto Stock Exchange and New York
Stock Exchange, both under the symbol CPG.

– END RELEASE – 20/04/2017

For further information:
Crescent Point Energy Corp.
Ken Lamont
Chief Financial Officer
(403) 693-0020 or Toll-free (U.S. & Canada): 888-693-0020
(403) 693-0070 (FAX)
OR
Crescent Point Energy Corp.
Brad Borggard
Vice President, Corporate Planning and Investor Relations
(403) 693-0020 or Toll-free (U.S. & Canada): 888-693-0020
(403) 693-0070 (FAX)
www.crescentpointenergy.com

COMPANY:
FOR: CRESCENT POINT ENERGY CORP.
TSX SYMBOL: CPG
NYSE SYMBOL: CPG

INDUSTRY: Energy and Utilities – Oil and Gas
RELEASE ID: 20170420CC0091

Press Release from Marketwired 1-866-736-3779

All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization
issuing the release, not to The Canadian Press.

FOR: TRANSCANADA
TSX SYMBOL: TRP
NYSE SYMBOL: TRP

Date issue: April 20, 2017
Time in: 11:00 AM e

Attention:

CALGARY, ALBERTA–(Marketwired – April 20, 2017) – News Release – TransCanada
Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) will hold its 2017 Annual
Meeting of Shareholders on Friday, May 5, 2017 at 10 a.m. (MDT) / 12 p.m. (EDT)
in Calgary, Alberta at the Markin MacPhail Centre at Canada Olympic Park (COP).

A live webcast of the Annual Meeting will be available at www.transcanada.com.
It will also be archived and available for replay.

Members of the media interested in attending the meeting in person are asked to
register by Friday, April 28 by calling the TransCanada Media Line at
1.800.608.7859.

First quarter 2017 financial results will also be released on May 5, 2017. Russ
Girling, TransCanada president and chief executive officer, Don Marchand,
executive vice-president and chief financial officer and other members of the
executive leadership team will host a conference call and webcast to discuss
the results and provide an update on recent company developments at 12:30 p.m.
(MDT) / 2:30 p.m. (EDT).

Members of the investment community and other interested parties are invited to
participate by calling 800.273.9672 or 416.340.2218 (Toronto area). Please dial
in 10 minutes prior to the start of the call. No pass code is required. A live
webcast of the teleconference will be available at www.transcanada.com.

A replay of the teleconference will be available two hours after the conclusion
of the call until midnight (EDT) on May 12, 2017. Please call 800.408.3053 or
905.694.9451 (Toronto area) and enter pass code 8663009.

With more than 65 years’ experience, TransCanada is a leader in the responsible
development and reliable operation of North American energy infrastructure
including natural gas and liquids pipelines, power generation and gas storage
facilities. TransCanada operates a network of natural gas pipelines that
extends more than 91,500 kilometres (56,900 miles), tapping into virtually all
major gas supply basins in North America. TransCanada is the continent’s
leading provider of gas storage and related services with 653 billion cubic
feet of storage capacity. A large independent power producer, TransCanada
currently owns or has interests in over 10,100 megawatts of power generation in
Canada and the United States. TransCanada is also the developer and operator of
one of North America’s leading liquids pipeline systems that extends over 4,300
kilometres (2,700 miles), connecting growing continental oil supplies to key
markets and refineries. TransCanada’s common shares trade on the Toronto and
New York stock exchanges under the symbol TRP. Visit TransCanada.com and our
blog to learn more, or connect with us on social media and 3BL Media.

– END RELEASE – 20/04/2017

For further information:
Media Enquiries:
Mark Cooper / James Millar
403.920.7859 or 800.608.7859
OR
TransCanada Investor & Analyst Enquiries:
David Moneta / Stuart Kampel
403.920.7911 or 800.361.6522

COMPANY:
FOR: TRANSCANADA
TSX SYMBOL: TRP
NYSE SYMBOL: TRP

INDUSTRY: Energy and Utilities – Oil and Gas
RELEASE ID: 20170420CC0084

Press Release from Marketwired 1-866-736-3779

All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization
issuing the release, not to The Canadian Press.

FOR: SONOCO PRODUCTS COMPANY

HARTSVILLE, S.C., April 20, 2017 (GLOBE NEWSWIRE) — Sonoco (NYSE:SON), one of the largest diversified global packaging companies, today reported financial results for its first quarter, ending April 2, 2017.

First Quarter Highlights

• First quarter 2017 GAAP earnings per diluted share were $0.53, compared with $0.59 in 2016.
• First quarter 2017 GAAP results included $0.06 per diluted share, after tax, in restructuring costs and acquisition-related expenses. In the first quarter of 2016, GAAP results included $0.06 per diluted share, after tax, in asset impairment and restructuring expenses.
• Base net income attributable to Sonoco (base earnings) for first quarter 2017 was $0.59 per diluted share, compared with $0.65 in 2016. (See base earnings definition, explanation and reconciliation to GAAP earnings later in this release.) Sonoco previously provided first-quarter 2017 base earnings guidance of $0.55 to $0.63 per diluted share.
• First-quarter 2017 net sales were $1.17 billion, down from $1.23 billion in 2016.
• Cash flow from operations was $67.4 million in the first quarter of 2017, compared with $66.4 million in 2016. Free cash flow for the first quarter was a negative $18.4 million, compared with a negative $22.1 million in 2016. (See free cash flow definition and reconciliation to cash flow from operations later in this release.)
• On March 14, 2017, Sonoco completed the acquisition of Peninsula Packaging Company, a leading manufacturer of thermoformed packaging for fresh fruit and vegetables based in Exeter, Calif. Sonoco acquired Peninsula Packaging for approximately $230 million, financing the transaction from a combination of available cash and a $150 million three-year term loan.

Second Quarter and Full Year Guidance Update

• Base earnings for the second quarter of 2017 are estimated to be in the range of $0.67 to $0.73 per diluted share. This guidance takes into consideration the negative impact of the 2016 divestiture of the Company’s blowmolding and other smaller operations, which more than offset the current period acquisition of Peninsula Packaging and several smaller acquisitions made in 2016. Base earnings in the second quarter of 2016 were $0.73 per diluted share.
• Full-year 2017 base earnings guidance has been updated to a range of $2.73 to $2.83, which includes a targeted $0.07 per diluted share expected to come from acquisitions, including Peninsula Packaging. This updated guidance is essentially unchanged from the Company’s previous guidance range of $2.66 to $2.76 per diluted share, which excluded a targeted $0.06 to $0.08 per diluted share from acquisitions and/or share repurchases.
• As previously guided, 2017 operating cash flow and free cash flow are expected to be approximately $470 million and $125 million, respectively.

Note: Second-quarter and full-year 2017 GAAP guidance are not provided in this release due to the likely occurrence of one or more of the following, the timing and magnitude of which we are unable to reliably forecast: possible gains or losses on the sale of businesses or other assets, restructuring costs and restructuring-related impairment charges, acquisition-related costs, and the income tax effects of these items and/or other income tax-related events. These items could have a significant impact on the Company’s future GAAP financial results.

First Quarter ReviewCommenting on the Company’s first quarter results, Sonoco President and Chief Executive Officer Jack Sanders said, “Despite an unprecedented and unexpected sharp increase in recovered paper prices, which is the primary raw material used in our Paper and Industrial Converted Products segment, Sonoco was still able to achieve the midpoint of our first- quarter guidance. Overall, compared to the prior-year quarter, the Company’s earnings were negatively impacted by lower volume/mix; divestitures, net of acquisitions; a negative price/cost relationship; and higher labor, maintenance, pension and other operating expenses. Partially offsetting the quarter’s headwinds were procurement savings, fixed-cost productivity, lower management incentive expense, and a lower effective tax rate.

“Operating profit in our Consumer Packaging segment declined 8 percent from the prior-year quarter; however, operating margin remained at a solid 12 percent. The decline in segment operating profit was due primarily to the November 2016 sale of the Company’s blowmolding operations and lower composite can volume in Europe and North America. Segment sales declined by 9 percent, due to the divestiture of the Company’s blowmolding operations, net of acquisitions, lower volume and the negative impact of foreign exchange, partially offset by higher selling prices implemented to recover rising raw material costs and other inflation.

“Our Display and Packaging segment’s operating profit was essentially flat with last year’s quarter. Segment sales declined 21 percent primarily due to discontinuance of the Company’s contract packaging center in Mexico, which had little effect on operating profits. Results also reflect lower volume in domestic displays and retail packaging, and the negative impact of foreign exchange.

“Operating profit in our Paper and Industrial Converted Products segment declined approximately 26 percent as the average price for recovered paper in the Company’s U.S. and Canada operations increased nearly 90 percent from the prior year’s quarter, resulting in a significant negative price-cost relationship as the Company was unable to immediately pass on the higher costs to our paper, tube and core customers. Higher labor, maintenance, pension and other expenses also negatively impacted operating profit. Current-quarter segment sales grew by 5 percent due primarily to higher recovered paper prices, partially offset by the divestiture of a paperboard mill in France, lower volume and the negative impact of foreign exchange.

“Operating profit in our Protective Solutions segment declined 10 percent from the prior-year quarter, as negative volume/mix, a negative price/cost relationship, and higher labor, maintenance and other operating costs were only partially offset by fixed-cost productivity improvements. Sales improved slightly in the quarter due primarily to acquisitions.”

GAAP net income attributable to Sonoco in the first quarter was $53.7 million, or $0.53 per diluted share, compared with $59.9 million, or $0.59 per diluted share, in 2016. Base earnings in the first quarter were $59.9 million, or $0.59 per diluted share, compared with $66.5 million, or $0.65 per diluted share, in 2016. Base earnings and base earnings per diluted share are non-GAAP financial measures adjusted to remove restructuring-related items, asset impairment charges, acquisition expenses and other items, if any, the exclusion of which the Company believes improves comparability and analysis of the ongoing operating performance of the business. (See base earnings definition, explanation and reconciliation to GAAP earnings later in this release.)

First quarter GAAP earnings include after-tax restructuring costs and acquisition-related expenses of $6.1 million, or $0.06 per diluted share. In the first quarter of 2016, GAAP results included $0.06 per diluted share, after tax, in restructuring-related charges.

Net sales for the first quarter were $1.17 billion, down $54.0 million, or 4.4 percent, from last year’s quarter. The decline in sales was a result of the previously mentioned divested businesses, net of acquisitions; the discontinuation of the Company’s contract packaging business in Mexico; and the negative impact of foreign exchange, partially offset by higher selling prices, primarily attributed to rising recovered paper costs.

Gross profits were $220.2 million in the first quarter, down $25.1 million, compared with $245.3 million in the same period in 2016. Gross profit as a percent of sales declined to 18.8 percent, compared with 20.0 percent in the same period in 2016. The gross profit percentage reduction in the quarter was due primarily to an unfavorable price/cost relationship, most notably in our Industrial Segment. First-quarter selling, general and administrative expenses were down $8.1 million from the prior year at $126.1 million, driven by the previously mentioned divested businesses, net of acquisitions, lower management incentives and fewer fiscal days, partially offset by wage and other inflation.

Cash generated from operations in the first quarter was $67.4 million, compared with $66.4 million in the same period in 2016. This $1.0 million improvement was a combination of several mostly offsetting factors. Net working capital provided $65.0 million more year over year, driven by enhanced collections of items outstanding at the end of 2016 and timing of payments to suppliers. This year-over-year improvement was offset by increases in cash paid for income taxes, higher cash contributions to the Company’s pension plan, timing of various collections and payments of miscellaneous receivables and liabilities, as well as lower net income.

During the quarter, net capital expenditures were $49.0 million, compared to $53.1 million in the prior year quarter; and cash dividends paid were $36.8 million, compared to $35.4 million in the prior year.

Free cash flow for the first quarter was a negative $18.4 million, compared with a negative $22.1 million in the same quarter last year. Free cash flow is a non-GAAP financial measure which may not represent the amount of cash flow available for general discretionary use because it excludes non-discretionary expenditures, such as mandatory debt repayments and required settlements of recorded and/or contingent liabilities not reflected in cash flow from operations. (See free cash flow reconciliation later in this release. Free cash flow is defined as cash flow from operations minus net capital expenditures and cash dividends. Net capital expenditures is defined as capital expenditures minus proceeds from, and/or plus costs incurred in, the disposition of capital assets.)

At April 2, 2017, total debt was approximately $1.25 billion, compared with $1.05 billion as of December 31, 2016. At the end of the first quarter, the Company had a total debt-to-total-capital ratio of 43.8 percent, compared with 40.4 percent at December 31, 2016. Cash and cash equivalents were $212.8 million as of April 2, 2017, compared with $257.2 million at December 31, 2016. The increase in the debt ratio as well as the reduction in cash was due to the $230 million acquisition of Peninsula Packaging, which was partially financed by a new $150 million three-year term loan.  

CorporateNet interest expense for the first quarter of 2017 declined to $12.1 million, compared with $13.8 million during the same period in 2016, primarily due to lower average borrowings in the current-year quarter. The 2017 first-quarter effective tax rates on GAAP and base earnings were 32.8 percent and 30.9 percent, respectively, compared with 33.2 percent and 33.0 percent, respectively, in the prior year’s quarter. The year-over-year decrease in the GAAP tax rate was due to the adoption of FASB Accounting Standards Update 2016-9 regarding accounting for share-based compensation, which requires excess tax benefits to be utilized as an offset to tax expense beginning in the 2017 period. This guidance was not retroactively applied to 2016. This benefit was mostly offset by expenses related to the settlement of an audit in Canada. The expense related to the audit settlement is a non-base item. The absence of this expense caused the change in the base rate to be more favorable year over year.

Second Quarter and Full-Year 2017 OutlookSonoco expects second-quarter 2017 base earnings to be in the range of $0.67 to $0.73 per diluted share. This guidance takes into consideration the negative impact of the previously mentioned 2016 divestitures, partially offset by the current-period acquisition of Peninsula Packaging and other acquisitions completed in 2016. Base earnings in the second quarter of 2016 were $0.73 per diluted share.

Full-year 2017 base earnings guidance is expected to be a range of $2.73 to $2.83, which includes a targeted $0.07 per diluted share expected to come from acquisitions, including Peninsula Packaging. This updated guidance is essentially unchanged from the Company’s previous guidance range of $2.66 to $2.76 per diluted share, which excluded a targeted $0.06 to $0.08 per diluted share from acquisitions and/or share repurchases. The Company’s 2017 base earnings guidance anticipates a 31.0 percent effective tax rate for the year.

Operating cash flow in 2017 is expected to be approximately $470 million, and free cash flow is expected to be approximately $125 million, each of which remains unchanged from previous guidance.

Note: Second-quarter and full-year 2017 GAAP guidance are not provided in this release due to the likely occurrence of one or more of the following, the timing and magnitude of which we are unable to reliably forecast: possible gains or losses on the sale of businesses or other assets, restructuring costs and restructuring-related impairment charges, acquisition related costs, and the income tax effects of these items and/or other income tax-related events. These items could have a significant impact on the Company’s future GAAP financial results.

Although the Company believes the assumptions reflected in the range of guidance are reasonable, given uncertainty regarding the future performance of the overall economy and potential changes in raw material prices and other costs, as well as other risks and uncertainties, including those described below, actual results could vary substantially.

Commenting on the Company’s outlook, Sanders said, “While we are starting the second quarter somewhat behind the price/cost curve, we have announced necessary price increases, along with contractual resets in nearly all of our businesses that should allow us to recover as the year progresses from the significant raw material inflation we experienced in the first quarter.

“As we manage these headwinds, we continue to be pleased with the performance of our consumer-related businesses, which accounted for nearly two-thirds of our operating profit in the quarter. We continue to see consumer demand lag for processed foods sold in the center of the store, while demand for fresh foods sold on the perimeter continues to show solid growth. Our recognition of this changing consumer behavior is exactly what led us to our recent acquisition of Peninsula Packaging. Our expansion to capture share at the perimeter of the store is just one example of how we are executing our strategy to grow our fresh and prepared food packaging offerings in thermoformed containers and flexible packaging. This broadening of our consumer portfolio offers new growth opportunities that will complement our existing innovative offerings for processed food packaging. Combined, we will significantly expand our presence at retail, as well as expanding the solutions we have to offer our customers.

“Overall, we remain optimistic for the rest of 2017. We are focused on launching new consumer-based customer initiatives, such as our new packaging center for Duracell in Atlanta, and the continued commercial expansion of our TruVue®  clear can. We also are actively exploring further growth opportunities through rational, strategic acquisitions in Consumer Packaging and Protective Solutions. Finally, we will continue to look at ways to further optimize our portfolio, while aggressively pursuing new and different alternatives to improve performance in our Industrial businesses and continuing to manage our cost structure throughout the Company.”

Segment ReviewSonoco reports its financial results in four operating segments: Consumer Packaging, Display and Packaging, Paper and Industrial Converted Products, and Protective Solutions. Segment operating results do not include restructuring and asset impairment charges, acquisition expenses, interest income and expense, income taxes or certain other items, if any, the exclusion of which the Company believes improves comparability and analysis.

Consumer PackagingSonoco’s Consumer Packaging segment includes the following products and services: round and shaped rigid containers and trays (both composite and thermoformed plastic); extruded and injection-molded plastic products; printed flexible packaging; global brand artwork management; and metal and peelable membrane ends and closures.

First-quarter 2017 sales for the segment were $482 million, compared with $527 million in 2016. Segment operating profit was $58.0 million  in the first quarter, compared with $62.9 million in the same quarter of 2016.

Segment sales declined 8.6 percent compared to the prior-year quarter due to the divestiture of the Company’s blowmolding operations, net of acquisitions, lower volume and the negative impact of foreign exchange, partially offset by higher selling prices. Segment operating profit decreased 7.7 percent over the prior-year quarter due to the sale of the blowmolding operations, net of acquisitions, and lower composite can volume in Europe and North America. In addition, results were negatively impacted by higher labor, maintenance, pension and other operating expenses. Partially offsetting these negative factors were fixed-cost productivity improvements and a positive price/cost relationship.

Display and PackagingThe Display and Packaging segment includes the following products and services: designing, manufacturing, assembling, packing and distributing temporary, semi-permanent and permanent point-of-purchase displays; supply chain management services, including contract packing, fulfillment and scalable service centers; retail packaging, including printed backer cards, thermoformed blisters and heat sealing equipment; and paper amenities, such as coasters and glass covers.

First quarter 2017 sales for this segment were $115 million, compared with $144 million in 2016. Segment operating profit was $3.2 million in the quarter, compared with $3.3 million in the prior-year quarter.

Sales declined 20.5 percent compared to last year’s quarter due primarily to the discontinuance of the Company’s contract packaging center in Mexico, lower volume in domestic displays and retail packaging, and the negative impact of foreign exchange. Operating profit in the segment was essentially flat year over year, as negative volume/mix in domestic display and retail packaging was nearly offset by fixed-cost productivity.

Paper and Industrial Converted ProductsThe Paper and Industrial Converted Products segment includes the following products: paperboard tubes and cores; fiber-based construction tubes; wooden, metal and composite wire and cable reels and spools; and recycled paperboard, linerboard, corrugating medium, recovered paper and material recycling services.

First-quarter 2017 sales for the segment were $443 million, up from $423 million in 2016. Segment operating profit was $24.7 million in the first quarter, compared with $33.3 million in 2016.

Segment sales grew approximately 4.6 percent during the quarter due to higher recovered paper prices, partially offset by the divestiture of a paperboard mill in France, lower volume and the negative impact of foreign exchange. Segment operating profit declined 25.8 percent compared to the prior year quarter due to a negative price/cost relationship and higher labor, maintenance, pension and other operating expenses.

Protective SolutionsThe Protective Solutions segment includes the following products: custom-engineered, paperboard-based and expanded foam protective packaging and components; and temperature-assured packaging.

First quarter 2017 sales were $133 million, compared with $132 million in 2016. Operating profit was $10.9 million, compared with $12.0 million in the first quarter of 2016.

This segment’s 1.1 percent increase in first quarter sales came from acquisitions and was partially offset by negative volume/mix. Operating profit was down 9.7 percent in the quarter, as negative volume/mix and price/cost were partially offset by fixed-cost productivity improvement.

Conference Call WebcastManagement will host a conference call and webcast to further discuss these results beginning at 11 a.m. ET today. The live conference call and a corresponding presentation can be accessed via the Internet at www.sonoco.com, under the Investor Relations section, or at http://investor.sonoco.com. A telephonic replay of the call will be available starting at 2 p.m. ET, to U.S. callers at 855-859-2056 and international callers at +404-537-3406. The replay passcode for both U.S. and international calls is 3220993. The archived call will be available through April 30, 2017. The webcast call also will be archived in the Investor Relations section of Sonoco’s website.

About SonocoFounded in 1899, Sonoco is a global provider of a variety of consumer packaging, industrial products, protective packaging, and displays and packaging supply chain services. With annualized net sales of approximately $4.8 billion, the Company has 20,000 employees working in more than 300 operations in 33 countries, serving some of the world’s best known brands in some 85 nations. For more information on the Company, visit our website at www.sonoco.com.

Forward-looking StatementsStatements included herein that are not historical in nature, are intended to be, and are hereby identified as “forward-looking statements” for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. In addition, the Company and its representatives may from time to time make other oral or written statements that are also “forward-looking statements.” Words such as “estimate,” “project,” “intend,” “expect,” “believe,” “consider,” “plan,” “strategy,” “opportunity,” “commitment,” “target,” “anticipate,” “objective,” “goal,” “guidance,” “outlook,” “forecast,” “future,” “re-envision, ” “assume,”  “will,” “would,” “can,” “could,” “may,” “might,” “aspires,” “potential,” or the negative thereof, and similar expressions identify forward-looking statements.

Forward-looking statements include, but are not limited to, statements regarding: availability and supply of raw materials, and offsetting high raw material costs; improved productivity and cost containment; improving margins and leveraging strong cash flow and financial position; effects of acquisitions and dispositions; realization of synergies resulting from acquisitions; costs, timing and effects of restructuring activities; adequacy and anticipated amounts and uses of cash flows; expected amounts of capital spending; refinancing and repayment of debt; financial strategies and the results expected of them; financial results for future periods; producing improvements in earnings; profitable sales growth and rates of growth; market leadership; research and development spending; extent of, and adequacy of provisions for, environmental liabilities; adequacy of income tax provisions, realization of deferred tax assets, outcomes of uncertain tax issues and tax rates; goodwill impairment charges and fair values of reporting units; future asset impairment charges and fair values of assets; anticipated contributions to pension and postretirement benefit plans, fair values of plan assets, long-term rates of return on plan assets, and projected benefit obligations and payments; creation of long-term value and returns for shareholders; continued payment of dividends; and planned stock repurchases.

Such forward-looking statements are based on current expectations, estimates and projections about our industry, management’s beliefs and certain assumptions made by management. Such information includes, without limitation, discussions as to guidance and other estimates, perceived opportunities, expectations, beliefs, plans, strategies, goals and objectives concerning our future financial and operating performance. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict.

Therefore, actual results may differ materially from those expressed or forecasted in such forward-looking statements. The risks, uncertainties and assumptions include, without limitation:

• availability and pricing of raw materials, energy and transportation, and the Company’s ability to pass raw material, energy and transportation price increases and surcharges through to customers or otherwise manage these commodity pricing risks;
• costs of labor;
• work stoppages due to labor disputes;
• success of new product development, introduction and sales;
• consumer demand for products and changing consumer preferences;
• ability to be the low-cost global leader in customer-preferred packaging solutions within targeted segments;
• competitive pressures, including new product development, industry overcapacity, and changes in competitors’ pricing for products;
• ability to maintain or increase productivity levels, contain or reduce costs, and maintain positive price/cost relationships;
• ability to negotiate or retain contracts with customers, including in segments with concentration of sales volume;
• ability to improve margins and leverage cash flows and financial position;
• continued strength of our paperboard-based tubes and cores and composite can operations;
• ability to manage the mix of business to take advantage of growing markets while reducing cyclical effects of some of the Company’s existing businesses on operating results;
• ability to maintain innovative technological market leadership and a reputation for quality;
• ability to profitably maintain and grow existing domestic and international business and market share;
• ability to expand geographically and win profitable new business;
• ability to identify and successfully close suitable acquisitions at the levels needed to meet growth targets, and successfully integrate newly acquired businesses into the Company’s operations;
• the costs, timing and results of restructuring activities;
• availability of credit to us, our customers and suppliers in needed amounts and on reasonable terms;
• effects of our indebtedness on our cash flow and business activities;
• fluctuations in obligations and earnings of pension and postretirement benefit plans;
• accuracy of assumptions underlying projections of benefit plan obligations and payments, valuation of plan assets, and projections of long-term rates of return;
• cost of employee and retiree medical, health and life insurance benefits;
• resolution of income tax contingencies;
• foreign currency exchange rate fluctuations, interest rate and commodity price risk and the effectiveness of related hedges;
• changes in U.S. and foreign tax rates, and tax laws, regulations and interpretations thereof;
• accuracy in valuation of deferred tax assets;
• accuracy of assumptions underlying projections related to goodwill impairment testing, and accuracy of management’s assessment of goodwill impairment;
• accuracy of assumptions underlying fair value measurements, accuracy of management’s assessments of fair value and fluctuations in fair value;
• liability for and anticipated costs of environmental remediation actions;
• effects of environmental laws and regulations;
• operational disruptions at our major facilities;
• failure or disruptions in our information technologies;
• loss of consumer or investor confidence;
• ability to protect our intellectual property rights;
• actions of domestic or foreign government agencies and changes in laws and regulations affecting the Company;
• international, national and local economic and market conditions and levels of unemployment; and
• economic disruptions resulting from terrorist activities and natural disasters.

The Company undertakes no obligation to publicly update or revise forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed herein might not occur.

Additional information concerning some of the factors that could cause materially different results is included in the Company’s reports on forms 10-K, 10-Q and 8-K filed with the Securities and Exchange Commission. Such reports are available from the Securities and Exchange Commission’s public reference facilities and its website, sec.gov, and from the Company’s investor relations department and the Company’s website, www.sonoco.com.

References to our Website AddressReferences to our website address and domain names throughout this release are for informational purposes only, or to fulfill specific disclosure requirements of the Securities and Exchange Commission’s rules or the New York Stock Exchange Listing Standards. These references are not intended to, and do not, incorporate the contents of our website by reference into this release.

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
(Dollars and shares in thousands except per share)
			Three Months Ended
			April 2, 2017				April 3, 2016
Net sales			$	1,172,324			$	1,226,276
Cost of sales			952,102				981,023
Gross profit			220,222				245,253
Selling, general and administrative expenses			126,138				134,193
Restructuring/Asset impairment charges			4,111				9,228
Income before interest and income taxes			$	89,973			$	101,832
Net interest expense			12,058				13,787
Income before income taxes			77,915				88,045
Provision for income taxes			25,539				29,194
Income before equity in earnings of affiliates			52,376				58,851
Equity in earnings of affiliates, net of tax			1,954				1,339
Net income			54,330				60,190
Net income attributable to noncontrolling interests			(597		)		(276		)
Net income attributable to Sonoco			$	53,733			$	59,914
Weighted average common shares outstanding – diluted			100,980				102,329
Diluted earnings per common share			$	0.53			$	0.59
Dividends per common share			$	0.37			$	0.35

FINANCIAL SEGMENT INFORMATION (Unaudited)
(Dollars in thousands)
			Three Months Ended
			April 2, 2017				April 3, 2016
Net sales
	Consumer Packaging		$	482,181			$	527,338
	Display and Packaging		114,635				144,267
	Paper and Industrial Converted Products		442,502				423,074
	Protective Solutions		133,006				131,597
	Consolidated		$	1,172,324			$	1,226,276
Income before interest and income taxes:
Segment operating profit:
	Consumer Packaging		$	58,010			$	62,865
	Display and Packaging		3,183				3,281
	Paper and Industrial Converted Products		24,723				33,299
	Protective Solutions		10,861				12,026
	Restructuring/Asset impairment charges		(4,111		)		(9,228		)
	Other, net		(2,693		)		(411		)
	Consolidated		$	89,973			$	101,832

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited)
(Dollars in thousands)
			Three Months Ended
			April 2, 2017				April 3, 2016
Net income			$	54,330			$	60,190
Asset impairment charges			337				—
Depreciation, depletion and amortization			49,008				53,572
Net pension and postretirement plan expenses/(contributions)			(31,204		)		(21,385		)
Changes in working capital			(5,070		)		(70,054		)
Other operating activity			(3		)		44,064
Net cash provided by operating activities			67,398				66,387
Purchase of property, plant and equipment, net			(48,974		)		(53,093		)
Cost of acquisitions, net of cash acquired			(221,417		)		—
Net debt proceeds/(repayments)			193,660				2,794
Cash dividends			(36,840		)		(35,396		)
Shares acquired under announced buyback			—				(15,318		)
Other, including effects of exchange rates on cash			1,737				4,530
Net increase/(decrease) in cash and cash equivalents			(44,436		)		(30,096		)
Cash and cash equivalents at beginning of period			$	257,226			$	182,434
Cash and cash equivalents at end of period			$	212,790			$	152,338

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)
(Dollars in thousands)
			April 2, 2017				December 31, 2016
Assets
Current Assets:
	Cash and cash equivalents		$	212,790			$	257,226
	Trade accounts receivable, net of allowances		663,312				625,411
	Other receivables		43,003				43,553
	Inventories		430,359				372,814
	Prepaid expenses and deferred income taxes		41,831				49,764
			1,391,295				1,348,768
Property, plant and equipment, net			1,155,192				1,060,017
Goodwill			1,156,674				1,092,215
Other intangible assets, net			273,894				224,958
Other assets			213,350				197,245
			$	4,190,405			$	3,923,203
Liabilities and Shareholders’ Equity
Current Liabilities:
	Payable to suppliers and other payables		$	787,602			$	751,827
	Notes payable and current portion of long-term debt		76,712				32,045
	Income taxes payable		18,086				18,744
			$	882,400			$	802,616
Long-term debt, net of current portion			1,177,188				1,020,698
Pension and other postretirement benefits			419,180				447,339
Deferred income taxes and other			102,770				97,845
Total equity			1,608,867				1,554,705
			$	4,190,405			$	3,923,203

Definition and Reconciliation of Non-GAAP Financial Measures

The Company’s results determined in accordance with U.S. generally accepted accounting principles (GAAP) are referred to as “as reported” or “GAAP” results. Some of the information presented in this press release reflects the Company’s “as reported” or “GAAP” results adjusted to exclude amounts related to restructuring initiatives, asset impairment charges, environmental charges, acquisition costs, excess insurance recoveries, losses from the early extinguishment of debt, and certain other items, if any, the exclusion of which management believes improves comparability and analysis of the ongoing operating performance of the business. These adjustments result in the non-GAAP financial measures referred to in this press release as “Base Earnings” and “Base Earnings per Diluted Share.”

These non-GAAP measures are not in accordance with, or an alternative for, generally accepted accounting principles and may be different from non-GAAP measures used by other companies. In addition, these non-GAAP measures are not based on any comprehensive set of accounting rules or principles. Sonoco continues to provide all information required by GAAP, but it believes that evaluating its ongoing operating results may not be as useful if an investor or other user is limited to reviewing only GAAP financial measures. Sonoco uses these non-GAAP financial measures for internal planning and forecasting purposes, to evaluate its ongoing operations, and to evaluate the ultimate performance of each business unit against budget all the way up through the evaluation of the Chief Executive Officer’s performance by the Board of Directors. In addition, these same non-GAAP measures are used in determining incentive compensation for the entire management team and in providing earnings guidance to the investing community.

Sonoco management does not, nor does it suggest that investors should, consider these non-GAAP financial measures in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Sonoco presents these non-GAAP financial measures to provide users information to evaluate Sonoco’s operating results in a manner similar to how management evaluates business performance. Material limitations associated with the use of such measures are that they do not reflect all period costs included in operating expenses and may not reflect financial results that are comparable to financial results of other companies that present similar costs differently. Furthermore, the calculations of these non-GAAP measures are based on subjective determinations of management regarding the nature and classification of events and circumstances that the investor may find material and view differently.

To compensate for these limitations, management believes that it is useful in understanding and analyzing the results of the business to review both GAAP information which includes all of the items impacting financial results and the non-GAAP measures that exclude certain elements, as described above. Whenever Sonoco uses a non-GAAP financial measure, except with respect to guidance, it provides a reconciliation of the non-GAAP financial measure to the most closely applicable GAAP financial measure. Whenever reviewing a non-GAAP financial measure, investors are encouraged to fully review and consider the related reconciliation as detailed below. Second-quarter and full-year 2017 GAAP guidance are not provided in this release due to the likely occurrence of one or more of the following, the timing and magnitude of which we are unable to reliably forecast: possible gains or losses on the sale of businesses or other assets, restructuring costs and restructuring-related impairment charges, acquisition related costs, and the income tax effects of these items and/or other income tax-related events. These items could have a significant impact on the Company’s future GAAP financial results.

							Non-GAAP Adjustments
Three Months Ended April 2, 2017			GAAP				Restructuring / Asset Impairment Charges(1)				Other Adjustments(2)				Base
Income before interest and income taxes			89,973				4,111				2,693				96,777
Interest expense, net			12,058				—				—				12,058
Income before income taxes			77,915				4,111				2,693				84,719
Provision for income taxes			25,539				1,298				(641		)		26,196
Income before equity in earnings of affiliates			52,376				2,813				3,334				58,523
Equity in earnings of affiliates, net of taxes			1,954				—				—				1,954
Net income			54,330				2,813				3,334				60,477
Net (income) attributable to noncontrolling interests			(597		)		(2		)		—				(599		)
Net income attributable to Sonoco			$	53,733			$	2,811			$	3,334			$	59,878
Per Diluted Share			$	0.53			$	0.03			$	0.03			$	0.59
							Non-GAAP Adjustments
Three Months Ended April 3, 2016			GAAP				Restructuring / Asset Impairment Charges(1)				Other Adjustments(3)				Base
Income before interest and income taxes			101,832				9,228				411				111,471
Interest expense, net			13,787				—				—				13,787
Income before income taxes			88,045				9,228				411				97,684
Provision for income taxes			29,194				2,920				104				32,218
Income before equity in earnings of affiliates			58,851				6,308				307				65,466
Equity in earnings of affiliates, net of taxes			1,339				—				—				1,339
Net income			60,190				6,308				307				66,805
Net (income) attributable to noncontrolling interests			(276		)		(7		)		—				(283		)
Net income attributable to Sonoco			$	59,914			$	6,301			$	307			$	66,522
Per Diluted Share			$	0.59			$	0.06			$	—			$	0.65

(1) Restructuring/Asset impairment charges are a recurring item as Sonoco’s restructuring programs usually require several years to fully implement and the Company is continually seeking to take actions that could enhance its efficiency. Although recurring, these charges are subject to significant fluctuations from period to period due to the varying levels of restructuring activity and the inherent imprecision in the estimates used to recognize the impairment of assets and the wide variety of costs and taxes associated with severance and termination benefits in the countries in which the restructuring actions occur.
(2)Consists primarily of costs related to acquisitions and potential acquisitions which were partially offset by insurance settlement gains. Additionally, includes non-base tax charges related to settlement of an income tax audit in Canada.
(3)Consists primarily of costs related to acquisitions and potential acquisitions.

			Three Months Ended
FREE CASH FLOW*			April 2, 2017				April 3, 2016
Net cash provided by operating activities			$	67,398			$	66,387
Purchase of property, plant and equipment, net			(48,974		)		(53,093		)
Cash dividends			(36,840		)		(35,396		)
Free Cash Flow			$	(18,416	)		$	(22,102	)
			Twelve Months Ended
			Estimated				Actual
FREE CASH FLOW*			December 31, 2017				December 31, 2016
Net cash provided by operating activities			$	470,000			$	398,679
Purchase of property, plant and equipment, net			(191,000		)		(186,741		)
Cash dividends			(154,000		)		(146,364		)
Free Cash Flow			$	125,000			$	65,574
* Free Cash Flow is a non-GAAP measure that does not imply the amount of residual cash flow available for discretionary expenditures, as it excludes mandatory debt service requirements and other non-discretionary expenditures.

 

FOR FURTHER INFORMATION PLEASE CONTACT:

Contact: Roger Schrum +843-339-6018 roger.schrum@sonoco.com

INDUSTRY:

Manufacturing and Production – Packaging and Containers

SUBJECT: ERN

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^{Information: Contact: Roger Schrum +843-339-6018 roger.schrum@sonoco.com}

Globenewswire

FOR: URBAN COMMUNICATIONS INC.

VANCOUVER, British Columbia, April 20, 2017 (GLOBE NEWSWIRE) — Urban Communications Inc. (TSX-V:UBN) one of the country’s first telecommunications companies to deliver Gigabit Internet service to the home, today announced preliminary financial results and a record increase in revenue for the month of March 2017 and the three month period ending March 31, 2017. Financial results for the three month period ending March 31, 2017, will be released in May 2017. The information contained herein may change based on final results.

Highlights:

• March revenue reached an all time high of $268,000
• First quarter 2017 revenue saw a 32% increase over the three months ending Dec 31, 2016
• First quarter 2017 revenue saw a 190% increase over the same period in 2016.

Revenue increase during the period is primarily attributable to strong growth in Urban’s commercial service offering which represented 80% of the first quarter’s revenue.  Financial results for the three month period ending March 31, 2017, will be released in May 2017. The information contained herein may change based on final results.

“Our current revenue growth is a direct result of the success of our sales team in growing our sales funnel,” said John Farlinger, Urban CEO.  “We continue to focus on new monthly recurring revenue opportunities in our commercial segment, particularly in the downtown core.”

Urban’s carrier grade fibre optic network is the ultimate choice in high performance and reliable data network services for any business. With the most competitive pricing, the highest speeds and data transfer limits on Internet plans, guaranteed SLAs, and a legacy-free, congestion-free network architecture, our Internet, Ethernet, private and managed MPLS network services are the best performing services in our market.

For more information about Urbanfibre Gigabit Internet for business or residential customers, please visit www.urbanfibre.ca. 

ABOUT URBAN COMMUNICATIONS INC.

Urban Communications Inc. (TSX-V:UBN) is a telecommunications company providing a full suite of Internet, voice, video and broadband application products over its 300 km. state-of-the-art carrier grade fibre optic network in Metro Vancouver and Victoria to commercial, residential and public sector customers.  Urban has recently launched high-speed Internet service to residential and commercial subscribers on its network at 1,000 Mbps (1 Gbps).

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 release.

FOR FURTHER INFORMATION PLEASE CONTACT:

CONTACT INFO: John Farlinger, Chief Executive Officer Phone:  (604) 763-7565 jafarlinger@urbanfibre.ca

INDUSTRY:

Telecom – Telecommunication Services

SUBJECT: MIS

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^{Information: CONTACT INFO: John Farlinger, Chief Executive Officer Phone:  (604) 763-7565 jafarlinger@urbanfibre.ca}

Globenewswire

FOR: STAMPER OIL & GAS CORP.

VANCOUVER, British Columbia, April 20, 2017 (GLOBE NEWSWIRE) — Stamper Oil & Gas Corp. (TSX.V:STMP) (OTC Markets:AZUEF) (FSE:TMP2) (“Stamper” or “the Company”), is pleased to announce that James Hyland has been named Vice President of Business Development for Stamper. James will report to David Greenway, President, and will be responsible for communications strategy and implementation of new business opportunities.

James joins Stamper with more than 25 years of experience as a financial and marketing consultant, a corporate founder and manager of a number of early stage public and private Canadian businesses. His industry expertise includes hospitality, publishing, financial services, oil & gas, technology, mining, alternative energy and healthcare appliances. Mr. Hyland has an extensive network of contacts within the financial community including brokers, fund managers, industry analysts and media, throughout North America, the United Kingdom and continental Europe. Mr. Hyland has also worked with a major mining and resource publication based in Vancouver, BC.

Mr. Hyland earned a Bachelor of Commerce in Entrepreneurial Management from Royal Roads University of Victoria, BC, Canada.

David Greenway states, “Jamie brings to Stamper great interpersonal and networking skills and we are very excited to have him as part of the Stamper team. His business acumen and diversification of experience across many communication disciplines will be a great asset to assist on developing clear message and bringing shareholder value to the company.”

About Stamper Oil & Gas

Stamper Oil & Gas Corp. is an independent international oil and gas company, engaged in the acquisition, exploration and development of conventional oil and natural gas properties. The Company plans to identify and build out a portfolio of high-impact oil and gas prospects, with a focus on Latin America. Stamper is committed to creating sustainable shareholder value by evaluating and developing future prospects into commercially viable assets.

For further information on Stamper Oil & Gas Corp. please visit www.stamperoilandgas.com

ON BEHALF OF THE BOARD OF DIRECTORS                    

“David C. Greenway”President & Director                                                            

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 release.

Forward-Looking Statements

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although Stamper Oil and Gas Corp. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Stamper Oil and Gas Corp. management on the date the statements are made. Except as required by law, Stamper Oil and Gas Corp undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

FOR FURTHER INFORMATION PLEASE CONTACT:

For further information, please contact: Stamper Oil & Gas Corp. Investor Relations Phone: (604) 684-2401                                                                                                              Email: ir@stamperoilandgas.com

INDUSTRY:

Miscellaneous – Miscellaneous

SUBJECT: MIS

NEWS RELEASE TRANSMITTED BY Globe Newswire

^{Information: For further information, please contact: Stamper Oil & Gas Corp. Investor Relations Phone: (604) 684-2401                                                                                                              Email: ir@stamperoilandgas.com}

Globenewswire

FOR: TRANSCANADA
TSX SYMBOL: TRP
NYSE SYMBOL: TRP

Date issue: April 20, 2017
Time in: 8:00 AM e

Attention:

CALGARY, ALBERTA–(Marketwired – April 20, 2017) – News Release – TransCanada
Corporation (TSX:TRP) (NYSE:TRP) (TransCanada) today announced that it has
completed the sale of its hydroelectric generation assets to Great River Hydro,
LLC, an affiliate of ArcLight Capital Partners, LLC for US $1.065 billion.

The sale includes 13 hydroelectric facilities, stations and associated dams and
reservoirs on the Connecticut and Deerfield Rivers. The assets are located in
New Hampshire, Vermont and Massachusetts with a total generating capacity of
584 megawatts.

Proceeds from the sale of these facilities will be used to repay debt financing
raised to fund the 2016 Columbia Pipeline Group acquisition, which created one
of North America’s largest regulated natural gas transmission companies.

With more than 65 years’ experience, TransCanada is a leader in the responsible
development and reliable operation of North American energy infrastructure
including natural gas and liquids pipelines, power generation and gas storage
facilities. TransCanada operates a network of natural gas pipelines that
extends more than 91,500 kilometres (56,900 miles), tapping into virtually all
major gas supply basins in North America. TransCanada is the continent’s
leading provider of gas storage and related services with 653 billion cubic
feet of storage capacity. A large independent power producer, TransCanada
currently owns or has interests in over 10,100 megawatts of power generation in
Canada and the United States. TransCanada is also the developer and operator of
one of North America’s leading liquids pipeline systems that extends over 4,300
kilometres (2,700 miles), connecting growing continental oil supplies to key
markets and refineries. TransCanada’s common shares trade on the Toronto and
New York stock exchanges under the symbol TRP. Visit TransCanada.com and our
blog to learn more, or connect with us on social media and 3BL Media.

FORWARD LOOKING INFORMATION

This publication contains certain information that is forward-looking and is
subject to important risks and uncertainties (such statements are usually
accompanied by words such as “anticipate”, “expect”, “believe”, “may”, “will”,
“should”, “estimate”, “intend” or other similar words). Forward-looking
statements in this document are intended to provide TransCanada security
holders and potential investors with information regarding TransCanada and its
subsidiaries, including management’s assessment of TransCanada’s and its
subsidiaries’ future plans and financial outlook. All forward-looking
statements reflect TransCanada’s beliefs and assumptions based on information
available at the time the statements were made and as such are not guarantees
of future performance. Readers are cautioned not to place undue reliance on
this forward-looking information, which is given as of the date it is expressed
in this news release, and not to use future-oriented information or financial
outlooks for anything other than their intended purpose. TransCanada undertakes
no obligation to update or revise any forward-looking information except as
required by law. For additional information on the assumptions made, and the
risks and uncertainties which could cause actual results to differ from the
anticipated results, refer to the Quarterly Report to Shareholders dated
February 16, 2017 and 2016 Annual Report filed under TransCanada’s profile on
SEDAR at www.sedar.com and with the U.S. Securities and Exchange Commission at
www.sec.gov.

– END RELEASE – 20/04/2017

For further information:
Media Enquiries:
Terry Cunha / Mark Cooper
403.920.7859 or 800.608.7859
OR
TransCanada Investor & Analyst Enquiries:
David Moneta / Stuart Kampel
403.920.7911 or 800.361.6522

COMPANY:
FOR: TRANSCANADA
TSX SYMBOL: TRP
NYSE SYMBOL: TRP

INDUSTRY: Energy and Utilities – Oil and Gas
RELEASE ID: 20170420CC0039

Press Release from Marketwired 1-866-736-3779

All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization
issuing the release, not to The Canadian Press.

FOR: MARIANA RESOURCES LTD.

AIM: MARLTSXV: MARL   20 April 2017

Granite House, La Grande Rue,St. Martin, Guernsey, GY1 3RS Channel Islands

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Mariana Resources Limited has released its audited annual financial statements and annual report as well as the Management Discussion and Analysis for the year ended 31 December 2016.

The following documents may be obtained by clicking the attachment or on the link below or via the Company’s web site (www.marianaresources.com) and will be filed on SEDAR:

Annual Report Link: http://docs.wixstatic.com/ugd/24ee23_a1a5dbc1e15d40e489e711da2bad29f9.pdf

MD&A Link: http://media.wix.com/ugd/24ee23_22ef8b554fb14acb98db02781586dd8e.pdf

MARIANA RESOURCES LTD.“Glen Parsons”Glen Parsons, Chief Executive Officer

ENDS

Neither the 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 release.

For further information please visit website at www.marianaresources.com or contact the following.

Glen Parsons (CEO)	Mariana Resources Ltd	+61 2 9437 4588
Eric Roth (COO)	Mariana Resources Ltd	+56 9 8818 1243
Karen Davies (IR)	Mariana Resources Ltd (Canada)	+1 604 314 6270
Rob Adamson	RFC Ambrian Limited (Nomad)	+61 2 9250 0041
Will Souter	RFC Ambrian Limited (Nomad)	+61 2 9250 0050
In U.K.
Oliver Stansfield	Brandon Hill Capital (UK Broker)	+44 20 3463 5061
Jonathan Evans	Brandon Hill Capital (UK Broker)	+44 20 3463 5016
Camilla Horsfall	Blytheweigh (Financial PR)	+44 20 7138 3224
Megan Ray	Blytheweigh (Financial PR)	+44 20 7138 3203

About Mariana ResourcesMariana Resources Ltd is a TSX.V and AIM (MARL) quoted exploration and development company with an extensive portfolio of gold, silver, and copper projects in South America, Turkey, and Ivory Coast.  

Mariana’s most advanced asset is the Hot Maden gold-copper project in northeast Turkey, which is a joint venture with Turkish partner Lidya Madencilik (30% Mariana and 70% Lidya) and which is rapidly advancing to development.  On January 17, 2017, Mariana released the results of a Preliminary Economic Study (“PEA”) which demonstrated exceptional potential economics for the Hot Maden Project (after-tax NPV and IRR of USD 1.37B and 153%, respectively) based on a development scenario incorporating a 1Mtpa underground mining / processing operation and the production of two saleable concentrates (a copper-gold concentrate and a gold-pyrite concentrate). This PEA was based on the updated (July 25, 2016) mineral resource estimate of 3.43 Moz gold equivalent (Indicated Category) and 0.09 Moz gold equivalent (Inferred Category) (100% basis) in the Main Zone, as well as a maiden 351,000 Moz gold equivalent (Inferred Category) (100% basis) resource in the New Southern Discovery. Elsewhere in Turkey, Mariana holds a 100% interest in the Ergama gold-copper project.  

On October 7, 2016, Mariana announced the signing of a binding Term Sheet to acquire an indirect 80% interest in Ivory Coast-focused private exploration company Awalé Resources SARL (“Awalé”).  Through the transaction Mariana will gain an immediate foothold in an established exploration portfolio with known gold mineralisation and artisanal gold workings, and which comprises i) 3 granted contiguous licenses (1,191 km2) in the Bondoukou area, and ii) 4 licenses under application (1,593 km2) in both the Bondoukou and Abengourou areas. The Boundoukou concessions lie along the southwestern extension of the Birimian Bole-Nangodi greenstone belt in adjacent Ghana, host to a number of high grade orogenic gold deposits.

In southern Argentina, the Company’s core gold-silver projects are Las Calandrias (100%), Sierra Blanca (100%), Los Cisnes (100%), and Bozal (100%). These projects are part of a 100,000+ Ha land package in the Deseado Massif epithermal gold-silver district in mining-friendly Santa Cruz Province.

In Suriname, Mariana has a direct holding of 10.2% of the Nassau Gold project. The Nassau Gold Project is a 28,000 Ha exploration concession located approximately 125 km south east of the capital Paramaribo and immediately adjacent to Newmont Mining’s 4.2Moz gold Merian project. 

In Peru and Chile, Mariana is focusing on acquiring new opportunities which complement its current portfolio.

	Hot Maden Mineral Resource Estimate – Main Gold-Copper Zone (2 g/t AuEq Cut-off)
			Indicated Mineral Resource
Domain		Tonnes		Au	Cu	Zn	AuEq	Au	Cu	AuEq
		t		g/t	%	%	g/t*	Ounces	Tonnes	Ounces**
Main Zone LG		463,000		1.1	1.1	0.3	2.4	17,000	5,000	36,000
Main Zone HG		4,501,000		3.9	1.9	0.2	6.3	570,000	87,000	908,000
Main Zone UHG		2,086,000		32.7	3.5	0.1	36.9	2,195,000	73,000	2,476,000
Mixed Gold-Zinc		17,000		7.5	3.1	3.6	11.2	4,000	1,000	6,000
Peripheral Lodes		60,000		2.1	0.4	0.4	2.5	4,000		5,000
Total		7,127,000		12.2	2.3	0.2	15.0	2,790,000	166,000	3,431,000
			Inferred Mineral Resource
Domain		Tonnes		Au	Cu	Zn	AuEq	Au	Cu	AuEq
		t		g/t	%	%	g/t*	Ounces	Tonnes	Ounces**
Main Zone LG		395,000		1.7	0.9	0.03	2.8	21,000	4,000	35,000
Main Zone HG		31,000		3.9	1.6	0.1	5.8	4,000		6,000
Main Zone UHG		6,000		39.1	2.1	0.01	41.6	7,000		8,000
Mixed Gold-Zinc		4,000		1.7	0.4	2.4	2.2
Peripheral Lodes		282,000		3.2	0.9	0.1	4.3	29,000	2,000	38,000
Total		718,000		2.7	0.9	0.1	3.8	62,000	7,000	88,000
	Hot Maden – Southern Gold-Copper Zone (2 g/t AuEq Cut-off)
			Inferred Mineral Resource
Domain		Tonnes		Au	Cu	Zn	AuEq	Au	Cu	AuEq
		t		g/t	%	%	g/t*	Ounces	Tonnes	Ounces**
South Zone LG		396,000		2.8	0.7	0.0	3.6	35,000	3,000	46,000
South Zone HG		583,000		5.3	0.7	0.0	6.1	98,000	4,000	114,000
Main Zone UHG		224,000		22.2	1.0	0.0	23.4	160,000	2,000	169,000
Mixed Gold-Zinc		44,000		9.0	1.0	3.2	10.2	13,000		15,000
Peripheral Lodes		104,000		1.9	0.3	0.0	2.2	6,000		7,000
Total		1,352,000		7.2	0.7	0.1	8.1	313,000	10,000	351,000

*Au Equivalence (AuEq) calculated using a 100 day moving average of $US1,215/ounce for Au and $US2.13/pound for Cu as of May 29, 2016. No adjustment has been made for metallurgical recovery or net smelter return as these remain uncertain at this time. Based on grades and contained metal for Au and Cu, it is assumed that both commodities have reasonable potential to be economically extractable.

1. *-The formula used for Au equivalent grade is: AuEq g/t = Au + [(Cu % x 22.0462 x 2.13)/(1215/31.1035)] and assumes 100 % metallurgical recovery.
2. **-Au equivalent ounces are calculated by mulitplying Mineral Resource tonnage by Au equivalent grade and converting for ounces. The formula used for Au equivalent ounces is: AuEq Oz = [Tonnage x AuEq grade (g/t)]/31.1035

Safe HarbourThis press release contains certain statements which may be deemed to be forward-looking statements.  These forward-looking statements are made as at the date of this press release and include, without limitation, statements regarding discussions of future plans, the realization, cost, timing and extent of mineral resource estimates, estimated future exploration expenditures, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, and requirements for additional capital.  The words “plans”, “expects”, “budget”, “scheduled”, “estimate”, “forecasts”, “intend”, “anticipate”, “believe”, “may”, “will”, or similar expressions or variations of such words are intended to identify forward-looking statements.  Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to vary materially from those expressed or implied by such forward-looking statements, including, but not limited to: the effects of general economic conditions; the price of gold, silver and copper; misjudgements in the course of preparing forward-looking statements; risks associated with international operations; the need for additional financing; risks inherent in exploration results; conclusions of economic evaluations; changes in project parameters; currency and commodity price fluctuations; title matters; environmental liability claims; unanticipated operational risks; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or in the completion of development or construction activities; political risk; and other risks and uncertainties described in the Company’s annual financial statements for the most recently completed financial year which is available on the Company’s website at www.marianaresources.com .  Although we believe that the expectations reflected in such forward-looking statements are based upon reasonable assumptions and have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking statements.  Accordingly, readers are cautioned not to place undue reliance on forward-looking statements.  We do not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

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INDUSTRY:

Manufacturing and Production – Mining and Metals

SUBJECT: MIS

NEWS RELEASE TRANSMITTED BY Globe Newswire

^Information:

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