Welcome to our dedicated page for Fp News news (Ticker: FPNUF), a resource for investors and traders seeking the latest updates and insights on Fp News stock.
FP Newspapers Inc. (FPNUF) is associated with the newspaper publishers industry in the information sector and holds securities that entitle it to 49% of the distributable cash or distributable cash flow of FP Canadian Newspapers Limited Partnership (FPLP). News about FP Newspapers Inc. often focuses on its governance, financing arrangements, and its economic link to Manitoba-based print and digital media operations.
On this page, readers can find coverage of corporate developments such as annual and special meetings of shareholders, changes to officers, and board-related announcements. For example, the company has reported on the postponement and rescheduling of shareholder meetings, the approval of resolutions, and the election of directors representing both preference and common shareholders.
FP Newspapers Inc. also issues news about management appointments, including the appointment of a Chief Financial Officer, Vice-President of Finance and Administration, and Secretary to the Board of Directors. These updates provide insight into the company’s internal leadership and administrative structure.
Another category of news relates to financing and banking relationships connected to FP Canadian Newspapers Limited Partnership. Disclosures have described amended and restated facility letters with HSBC Bank Canada, credit facilities secured by business assets and real property, and the use of proceeds to refinance indebtedness and fund equipment purchases.
Because FP Newspapers Inc. is economically tied to FPLP’s Manitoba-based newspaper and media operations, its news flow also reflects the broader context of regional media, including references to the Winnipeg Free Press and other publications. Investors and observers can use this news page to follow ongoing corporate actions, capital structure updates, and governance changes that may affect FPI’s interest in FPLP.
FP Newspapers Inc. announced the appointment of David Wei as the new Secretary to the Board of Directors, effective immediately. This internal promotion reflects FPI's commitment to leveraging existing talent for leadership roles. FP Newspapers Inc. holds a 49% interest in the distributable cash flow of FP Canadian Newspapers Limited Partnership, which operates the Winnipeg Free Press and various other media outlets across Manitoba. The company continues to provide engaging content in both print and digital formats, enhancing its reach throughout the province. Stakeholders can find more information on FPI's performance and operations through their official website and regulatory filings.
FP Newspapers Inc. (FP) announced the appointment of Dave Kreklewetz as Chief Financial Officer and Vice-President of Finance and Administration. With 25 years of experience in corporate accounting and finance, Kreklewetz has held senior positions at notable companies such as C&T Rentals & Sales Ltd. and Major Drilling Group International Inc. CEO Mike Power stated that Kreklewetz's diverse financial expertise will bolster FP Newspapers' performance as a leading print and digital media provider in Manitoba. FP Newspapers owns 49% of the distributable cash flow from FP Canadian Newspapers Limited Partnership, which operates the Winnipeg Free Press and other regional publications.
FP Newspapers Inc. (FPNUF) announced significant leadership changes, with President and CEO Bob Silver and Publisher Bob Cox stepping down effective July 25, 2022. Silver will remain as chairman, while Cox will assist in an advisory role until early 2023. Silver acknowledged Cox's 17 years of contributions, particularly during the pandemic's impact on the business. The company will welcome Mike Power as the new President and CEO, noting his extensive experience across consumer and technology sectors, expected to enhance FPI's strategic direction.
FP Newspapers Inc. announced the amendment of a credit facility with HSBC Bank Canada, extending a new credit facility of up to $15,585,000. The facility will mature on July 6, 2026, with a variable interest rate. This financing is directed towards refinancing existing debts and funding upcoming equipment acquisitions. FP Newspapers owns 49% of the distributable cash flow of its subsidiary, FP Canadian Newspapers Limited Partnership, which operates the Winnipeg Free Press and other media outlets.
FP Newspapers Inc. (TSXV:FP) announced on June 11, 2021, that Jacqueline Driedger has resigned from her position as Secretary of the Board of Directors. The company expressed gratitude for her service. Ryan Kolaski, an existing member of the organization, will assume the role of Secretary. This change marks a shift in the company's governance structure, although no financial impacts or operational changes were detailed in the announcement.
FP Newspapers Inc. (TSXV:FP) has announced that its Annual General Meeting will be held virtually on May 26, 2021, at 11:00 a.m. Winnipeg time due to ongoing COVID-19 restrictions. Participants can join via phone or Zoom using the provided links and meeting ID. The meeting will not have a physical attendance option, aligning with health protocols. For more details, contact Bob Cox, Publisher at FP Newspapers.
FP Newspapers Inc. (TSXV:FP) announced the appointment of Ryan Kolaski as the new Chief Financial Officer and Vice-President of Finance and Administration, effective October 5, 2020. Kolaski brings 25 years of experience in corporate finance, having previously served as Vice-President of Finance for Postmedia Network Inc. His expertise in the newspaper industry is expected to aid FP Newspapers in adapting its business model for the digital age. The company owns significant publishing assets, including the Winnipeg Free Press and several community newspapers.
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