With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- Three flavour-packed burgers are joining A&W’s permanent menu, marking the return of the Masala Veggie Burger
“For Canadians, A&W has consistently been a popular choice for vegetarians seeking great tasting burgers,” says Karan Suri, Senior Director, Innovation at A&W. “We’re seeing this growing demand reflected from returning guests and their positive feedback, so we’re very excited to introduce more veggie options on our menus across Canada and adding these items to the menu permanently was a no brainer.” - Keyera to Acquire Plains’ Canadian NGL Business in a Transformative $5.15 Billion Transaction
“This is a highly strategic acquisition that strengthens our core business and accelerates our growth trajectory,” said Dean Setoguchi, President and Chief Executive Officer of Keyera. “The assets we are acquiring are high-quality, synergistic, and strongly aligned with our operational footprint and expertise. This transaction enhances our ability to serve customers, capture meaningful operational efficiencies, and deliver sustainable long-term value for shareholders, while also helping to reinforce Canada’s position as a global energy leader.” - Evolve XRP ETF Expected to Begin Trading on June 18, 2025
Evolve Funds Group Inc. (“Evolve” or the “Manager“) is pleased to announce that it has filed a final prospectus with plans to bring Evolve XRP ETF (“XRP” or the “Evolve Fund“) to Canadian investors. XRP’s investment objective is to hold substantially all of its assets in physical XRP in order to provide a secure and convenient way for investors to hold the cryptocurrency in a brokerage account. XRP is expected to begin trading on the Toronto Stock Exchange (“TSX“) on June 18, 2025 under the ticker symbols XRP (CAD Unhedged) and XRP.U (USD), subject to TSX approval. - PwC Canada launches first-to-market solution to provide Assurance for AI
Today, PwC Canada announced the launch of Assurance for AI—a first-to-market set of services and solutions to provide independent assurance and other related AI Trust services over artificial intelligence (AI) systems. This will help businesses meet a growing need over their AI—providing confidence that it’s designed, deployed, and operated responsibly, transparently, and, in a growing number of situations, aligned with regulatory expectations. - Sprott Physical Uranium Trust Announces Upsized US$200 Million Bought Deal Financing
Sprott Inc. (NYSE: SII) (TSX: SII) (“Sprott“) on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (“SPUT” or the “Trust“) is pleased to announce that as a result of strong investor demand, the Trust has amended its agreement with Canaccord Genuity Corp. (the “Underwriter“), pursuant to which the Underwriter has agreed to purchase 11,600,000 units of the Trust (the “Units“) at a price of US$17.25 per Unit (the “Offering Price“) for aggregate gross proceeds of US$200,100,000 (the “Offering“). - Club Med, Station Mont Tremblant, and Brivia Group are in discussions to develop a Club Med resort on the Versant Soleil side of Tremblant
This resort project, which would aim for eco-friendly certification and offer around 300 high-end rooms, is planned to be located on the Versant Soleil side, on part of the L’Hymne-des-Trembles site. The overall development project is spearheaded by Brivia Group, a renowned real estate developer known for landmark projects that blend contemporary elegance, architectural excellence, and refined design. - Sprott Physical Uranium Trust Announces US$100 Million Bought Deal Financing
Sprott Inc. (NYSE: SII) (TSX: SII) (“Sprott“) on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (“SPUT” or the “Trust“) today announced that it has entered into an agreement with Canaccord Genuity Corp (the “Underwriter“) pursuant to which the Underwriter has agreed to purchase on a “bought deal” basis 5,800,000 units of the Trust (the “Units“) at a price of US$17.25 per Unit (the “Offering Price“), representing total gross proceeds of US$100,050,000 (the “Offering“). - BMO to Acquire Burgundy Asset Management
BMO (TSX:BMO) (NYSE:BMO) and Burgundy Asset Management Ltd. today announced the signing of a definitive agreement for BMO to acquire Burgundy Asset Management Ltd. Burgundy is a leading independent wealth manager, providing discretionary investment management for private clients, foundations, endowments, pensions and family offices with approximately $27 billion in assets under management, as of May 31, 2025. - Aurora Cannabis Files Full Year Results and Announces Fiscal 2025 Fourth Quarter
“We are pleased to report an exceptional year to our shareholders, highlighted by record annual global medical net revenue1, adjusted EBITDA1, and positive free cash flow1. These achievements underscore the thoughtful execution of our strategic plan, set us further apart from competitors, and strengthen our foundation for sustained and profitable growth,” said Executive Chairman and Chief Executive Officer for Aurora, Miguel Martin. - DoorDash and PC Optimum™ Reward Canadians With New Loyalty Integration
Ordering on DoorDash just got more rewarding! PC Optimum™, Canada’s leading rewards program, and DoorDash, one of the world’s leading local commerce platforms, are working together to provide Canadians with a seamless and delicious new way to earn PC Optimum™ points. Beginning today, PC Optimum™ members can earn five points for every dollar spent on eligible DoorDash orders delivered from their favourite restaurants and Loblaw-banner stores (including Real Canadian Superstore, No Frills, Loblaws, Shoppers Drug Mart, and more), offering Canadians a new way to earn.
