8. GirlEatWorldSome go for the amazing views. Some explore the world for different cultures. This girl travels for the food. Join Melissa as she documents different grub from all four corners of the globe. 6. Ty SchmittAfter retiring from the NFL, Ty focused on his photography and turned his passion into a full time job.7. Loki the WolfdogNot all explorers walk on two legs! And this just happens to be one of the most well-travelled dogs around. Fond of colder climates, follow Loki’s adventures with his much loved human. RelatedSnap shots: 11 Instagram accounts to follow in 2016Is your Instagram feed looking a bit blah? Whilst it’s nice to see what Uncle Jamie’s brood of children have been up to, wouldn’t it be awesome if it had a few snaps mixed in there that will spark traveller envy?17 must have travel gadgets for your summer holidaysWhether you’ve found a cheap holiday dealor are heading off on an important business trip this summer, packing a few handy gadgets in your suitcase (or backpack) can help to make your trip run much more smoothly. From waterproof cameras for underwater scuba shots to practical luggage organisers for on-the-go essentials,…Hopscotch the Globe’s best travelling moments – Instagram TakeoverEveryone has their favourite holiday destinations that they love to visit, but what if you fancy trying some place new? For starters, keep our where to go on holiday guide bookmarked and check out Kristen from @HopscotchtheGlobe most loved adventures for some serious wanderlust. Here’s what happened. 11. SkyscannerSo it’s probably a bit cheeky to include ourselves, but if you’re looking for some inspiration make sure to check us out. Fancy being featured on our Instagram account? Tag your photos with #LetsGoEverywhere 5. Sean EnschA travel, landscape and underwater photographer, Sean’s snaps will soon provide enough inspiration to fill up that bucket list twice over. 4. A Lady in LondonFollow the adventures of an expat Californian as she travels around the world exploring everything it has to offer. 2. PassionPassportGet together a whole community of like-minded travellers, storytellers and photographers and you can create something quite amazing. 10. Brendan van SonHailing from a small town in Canada, Bredan is a travel photographer and journalist that’s visited over 80 countries in the last five years. Skyscanner is the world’s travel search engine, helping your money go further on flights, hotels and car hire.google-site-verification: googlea0b1d07535fe39c6.htmlReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Map Is your Instagram feed looking a bit blah? Whilst it’s nice to see what Uncle Jamie’s brood of children have been up to, wouldn’t it be awesome if it had a few snaps mixed in there that will spark traveller envy?Well these might just do that so don’t blame us if you’re checking out the next flight out of here!1. Chris BurkardA self-taught photographer, Chris’ work is full of stunning landscapes that’ll help spur on any adventures you had planned. 9. Budget TravellerNamed as the UK’s Travel Blogger of the Year, Kash is someone you’ll always find travelling the world. Not only does he travel in style but he also does it on a very tight budget. 3. YTravelBlogGot kids – will travel. This jet-set family shows just what it’s like to travel around with world with small humans in tow.
Barbara Shecter Comment Sponsored By: What you need to know about passing the family cottage to the next generation Some shareholders of a Quebec-based biotechnology company are objecting to a dilutive restructuring that wipes out most of their equity in Prometic Life Sciences Inc., a transaction they didn’t get to vote on because the Toronto Stock Exchange granted the company’s application to go ahead without a shareholder vote due to “financial hardship.”“We’re being just driven into oblivion here,” Jean Pierre Toupin, a 72-year-old editor and former economist who has been an investor in Prometic for about five years, told the Financial Post on Tuesday.But Laval-based Prometic, which boasted a spot in the benchmark S&P/TSX Composite Index until last June and investors including the California Public Employees’ Retirement System (CalPERS), said the transactions were the only viable option to reduce the firm’s debt burden and interest payments, and provide some cash to continue operations following a series of setbacks. Laval-based Prometic Life Sciences Inc. boasted a spot in the benchmark S&P/TSX Composite Index until last June.Peter J. Thompson/National Post Share this storyDramatic dilution at Prometic Life Sciences draws ire of shareholders Tumblr Pinterest Google+ LinkedIn Reddit Twitter More Facebook Dramatic dilution at Prometic Life Sciences draws ire of shareholders Toronto Stock Exchange granted the company’s application to go ahead without a shareholder vote due to ‘financial hardship’ The biotech firm is developing a process to separate plasma proteins to treat orphan illnesses, but stumbled following a delayed U.S. Food and Drug Administration (FDA) approval, as well as a delay in receiving a research and development tax credit reimbursement from the United Kingdom. The chief executive was replaced late last year, and the company would have breached covenants under its credit facilities with SALP on March 31 if not granted a waiver.Following a $229 million debt-to-equity conversion and a private placement completed Tuesday, Thomvest Asset Management affiliate Structured Alpha LP jumped from owning or controlling just 3.6 per cent to more than 80 per cent of Prometic’s issued and outstanding common shares. SNC scandal casting chill over DPA regime before it can show its worth, advocates fear The short seller who sent Dollarama into a spin sees Canada as land of opportunity for activism Law firm plans to launch shareholder class action over alleged SNC-Lavalin disclosure delay Thomvest Asset Management is a private investment firm controlled by Peter J. Thomson, a member of Canada’s richest family and a board member at Thomson Reuters.“Mr. Thomson is aware of the Prometic investment but has no day-to-day involvement in managing or overseeing the investment and was not involved in negotiating or implementing the Prometic restructuring transactions,” according to a spokesperson for Thomvest.The private placement at Prometic, which included issuing shares to Consonance Capital Management, raised $75 million, which will be used “to fund working capital needs and for general corporate purposes including the advancement of its drug discovery platforms,” according to a news release issued by Prometic on April 15.In the same release, Prometic said it had hired investment banks and taken steps to try to refinance, sell non-core assets, or forge partnerships to shore up operations, but no other viable option could be brought to fruition in time to steady the heavily leveraged company.The decision to rely on the financial hardship exemption — which meant the plan would not be put to a shareholder vote — was made following a recommendation by a special committee of independent directors whose members were all “free from interest in the Debt Conversion, the Warrant Repricing and the Private Placement, and unrelated to the parties involved in these transactions,” the statement said.But the restructuring is not sitting well with some shareholders who have found their holdings diluted, and they are not consoled by an option to make further investments through a follow-up rights offering.Toupin, who is from Ottawa but is living in Montreal, said he recently connected with a group of investors from across the country who feel much of the company’s promise is being taken out from under existing shareholders by other involved parties. They had urged the Toronto Stock Exchange to reject the requested exemption that allowed the Prometic restructuring to go ahead without a shareholder vote because they wanted more say in the company’s future.“This was part of my retirement money…. It’s a significant loss for me, and it’s probably more dramatic for a lot of other people,” Toupin said, suggesting retail investors could number in the thousands. Prometic shares, which traded at more than $3 apiece in 2016, closed at 6.5 cents on Tuesday.Shareholders have also taken their concerns to regulators that oversee the Toronto Stock Exchange, including Quebec’s Authorité des marchés financiers (AMF).“We have actually received several complaints in this file and we are going to analyze them,” Sylvain Théberge, a spokesperson for the AMF, told the Financial Post in an emailed statement on Tuesday. Théberge declined to comment further.Catherine Kee, manager of corporate communications at TMX Group, parent company of the Toronto Stock Exchange, declined to discuss the Prometic case.“We don’t comment on individual issuer matters,” she said.Mike Osborn, a spokesperson for CalPERS, declined to comment on the situation at Prometic, but confirmed that the largest public pension fund in the United States owned a stake in the Canadian biotech firm at the end of June 2018, the period covered by its most recent annual report. The stake at that time consisted of 1,464,100 shares with a market value US$578,762 and a book value of US$3.38 million.“About the company, we do not have a comment,” he said in an email.On Tuesday, as Prometic announced that the restructuring had gone ahead, the company said it intends to seek approval from its shareholders for a share consolidation at a special meeting in Montreal on June 19. The company now has 20,947,510,578 common shares issued and outstanding on a fully-diluted basis, including all outstanding warrants, stock options and restricted share units.Prometic also installed Kenneth Galbraith as chief executive officer. Galbraith spent 13 years in senior management at QLT Inc., a Vancouver-based biopharmaceutical company that merged with Massachusetts-based Aegerion Pharmaceuticals Inc. in 2016.Simon Best, who had been interim CEO of Prometic, was appointed lead independent director, and Stefan Clulow, managing director and chief investment officer of Thomvest Asset Management, was appointed chair of Prometic’s board of directors.• Email: email@example.com | Twitter: 1 Comments Email Join the conversation → Featured Stories Recommended For YouChina shares rise, yuan stronger after Q2 GDP meets expectationsAP FACT CHECK: Trump wrong about Dems, census, citizenshipChina June crude oil throughput rises to record on new plantsJapan PM Abe’s ruling bloc set for solid upper house win – pollsAustralian dollar strengthens on encouraging Chinese data April 24, 201911:48 AM EDT Filed under News FP Street ← Previous Next → advertisement read more