Bennett Environmental Inc (BEVFF) 1.8113 $BEVFF
Post# of 273254
Diversified Royalty Corp. Announces Agreement for the Indirect Sale of the Franworks Trademarks and Rights to Cara Operations Limited
Marketwire Canada - Thu Sep 01, 12:16AM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 1, 2016) - Diversified Royalty Corp. (TSXIV) (the "Corporation" or "DIV" is pleased to announce that it has entered into an agreement (the "Sale Agreement" to sell the trademarks and rights related to the Franworks restaurants businesses ("FW Rights" for $90.0 million, the cancellation of 8,992,187 DIV common shares (the "Initial Shares" held by Original Joe's Franchise Group Inc. ("OJFG", a wholly owned subsidiary of Franworks Franchise Corp ("Franworks", the extinguishment of OJFG's right to receive 637,051 DIV common shares related to the April 1, 2015 royalty pool adjustment (the "Roll-In Shares" and the extinguishment of OJFG's right to receive accrued dividends on the Roll-In Shares to the date of closing, which as of the date hereof total approximately $0.2 million.
CAO.TO: 29.75 (unch), DIV.TO: 2.37 (-0.04)
Cara and Original Joe's Franchise Group Inc. enter into partnership to reacquire Original Joe's trademarks and royalty rights from Diversified Royalty Corp.
CNW Group - Thu Sep 01, 12:15AM CDT
Cara Operations Limited (TSX:CAO) ("Cara" announces today that it has entered into a transaction to acquire a majority ownership interest in Original Joe's Franchise Group Inc. ("Original Joe's" for $93 million (the "Transaction". $90.0 million of the $93.0 million purchase price will be used by Original Joe's to re-acquire its trademarks and royalty rights from Diversified Royalty Corp (TSXIV) ("DIV" or "Diversified". Original Joe's franchises and operates 99 full-service restaurants in Canada and the United States across three brands - Original Joe's Restaurant & Bar, State & Main Kitchen Bar and Elephant & Castle Pub and Restaurant. The Transaction will allow Original Joe's to retain approximately $12.6 million in annual royalty payments currently paid to DIV. With these retained royalties and anticipated synergies, Cara's management expects its purchase multiple for the Transaction to be below 7x Normalized Operating EBITDA. This Transaction will be accretive to Cara on an EPS basis.
CAO.TO: 29.75 (unch), DIV.TO: 2.37 (-0.04)
Diversified Royalty Corp. Announces Election of Directors
Marketwire Canada - Mon Jun 13, 4:37PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 13, 2016) - Diversified Royalty Corp. (TSXIV) (the "Corporation" or "DIV" is pleased to announce that at its annual meeting of shareholders held on June 13, 2016 (the "Meeting", all directors nominated as listed in DIV's information circular dated May 3, 2016 were elected for the ensuing year. As a ballot was not required, the number of votes disclosed in the below table reflects only the proxies received by management of DIV in advance of the Meeting:
DIV.TO: 2.37 (-0.04)
Diversified Royalty Corp. Announces January 2016 Cash Dividend and Election by Board of Directors and CEO to Receive Compensation in Restricted Share Units
Marketwired - Mon Jan 04, 4:14PM CST
Diversified Royalty Corp. (TSX: DIV) (the "Corporation" or "DIV" is pleased to announce that its board of directors has approved a cash dividend of $0.01854 per common share for the period of January 1, 2016 to January 31, 2016, which is equal to $0.2225 per common share on an annualized basis. The dividend will be paid on January 29, 2016 to shareholders of record on January 15, 2016.
DIV.TO: 2.37 (-0.04)
Diversified Royalty Corp. Announces December 2015 Cash Dividend
Marketwire Canada - Mon Dec 07, 5:12PM CST
Diversified Royalty Corp. (TSXIV) (the "Corporation" or "DIV" is pleased to announce that its board of directors has approved a cash dividend of $0.01854 per common share for the period of December 1, 2015 to December 31, 2015, which is equal to $0.2225 per common share on an annualized basis. The dividend will be paid on December 31, 2015 to shareholders of record on December 18, 2015.
DIV.TO: 2.37 (-0.04)
Diversified Royalty Corp. Announces October 2015 Cash Dividend
Marketwired - Thu Oct 08, 4:51PM CDT
Diversified Royalty Corp. (TSX: DIV) (the "Corporation" or "DIV" is pleased to announce that its board of directors has approved a cash dividend of $0.01854 per common share for the period of October 1, 2015 to October 31, 2015, which is equal to $0.2225 per common share on an annualized basis. The dividend will be paid on October 30, 2015 to shareholders of record on October 23, 2015.
DIV.TO: 2.37 (-0.04)
Diversified Royalty Corp. Announces September 2015 Cash Dividend
Marketwire Canada - Tue Sep 08, 3:01PM CDT
Diversified Royalty Corp. (TSXIV) (the "Corporation" or "DIV" is pleased to announce that its board of directors has approved a cash dividend of $0.01667 per common share for the period of September 1, 2015 to September 30, 2015, which is equal to $0.20 per common share on an annualized basis. The dividend will be paid on September 30, 2015 to shareholders of record on September 23, 2015.
DIV.TO: 2.37 (-0.04)
Diversified Royalty Corp. Welcomes Greg Gutmanis Back as Its CFO
Marketwired - Tue Sep 01, 4:27PM CDT
Diversified Royalty Corp. (TSX: DIV) (the "Corporation" or "DIV" is pleased to announce, effective today, the appointment of Mr. Greg Gutmanis as its Chief Financial Officer, VP Acquisitions and Corporate Secretary. Mr. Gutmanis previously served as Interim Chief Financial Officer of the Corporation from March 2014 to January 2015. As previously announced, Jason Granger has stepped down as DIV's Chief Financial Officer and Corporate Secretary effective August 31, 2015 to pursue another opportunity.
DIV.TO: 2.37 (-0.04)
IIROC Trade Resumption - DIV.R
CNW Group - Tue Aug 18, 7:58AM CDT
Trading resumes in:
IIROC Trade Resumption - Diversified Royalty Corp.
Newsfile Corp - Tue Aug 18, 7:50AM CDT
Trading resumes in:
IIROC Trading Halt - DIV.R; PDL.RT
CNW Group - Tue Aug 18, 7:13AM CDT
The following issues have been halted by IIROC:
IIROC Trade Halt - Diversified Royalty Corp.
Newsfile Corp - Tue Aug 18, 7:10AM CDT
The following issues have been halted by IIROC:
Diversified Royalty Corp. Announces August 2015 Cash Dividend; Set to Increase 6.2%
Marketwired - Mon Aug 10, 6:47PM CDT
Diversified Royalty Corp. (TSX: DIV) (the "Corporation" or "DIV" is pleased to announce that its board of directors has approved a cash dividend of $0.01667 per common share for the period of August 1, 2015 to August 31, 2015, which is equal to $0.20 per common share on an annualized basis. The dividend will be paid on August 31, 2015 to shareholders of record on August 24, 2015.
DIV.TO: 2.37 (-0.04)