Rhenti Announces Partnership with Residential Rental Heavyweight Hazelview Alongside Latest $2.4 Million Seed Funding

Toronto, ON, September 2, 2021 – Rhenti today has announced a new partnership with Hazelview Ventures (“Hazelview”) that will help the proptech start-up to strengthen its product offering and further expand across Canada. The partnership also includes a lead investment by Hazelview in the closing of Rhenti’s $2.4M seed round. The round also includes strategic investment from Fieldgate Homes, Whiteshell Group Inc., and other private angel investors.

“We couldn’t be more excited to partner with Hazelview. This partnership gives our team an opportunity to push the Rhenti experience to countless renters and operators across Canada and brings us one step toward our goal of making Rhenti the default leasing software across the country,” said Tomas Ronis, CEO and Co-founder of Rhenti. “This is also a great indicator that we’ve built a solution that has earned the attention of a major player in the residential rental industry. It’s a great proof point and although we’ve got a lot of work ahead of us, I’m proud of our team.”

“We are fully aligned with their vision of streamlining the experience for landlords and tenants,” said Roger Poirier, Co-Founder of Hazelview Ventures. “This partnership will allow Rhenti to grow by collaborating with an organization that has proven market access, an established reputation, and extensive industry experience. It will help our team by leveraging Rhenti’s software to create operational efficiencies and provide tenants with a simple experience that comes from automation.”

The residential rental industry has typically seen very little innovation in the past. While property owners and managers have struggled with gaining efficiencies, the experience that renters have during their rental search and the overall tenant experience has also been largely ignored. Rhenti’s end-to-end leasing solution streamlines the rental experience with powerful marketing and leasing tools that reduce the time to lease and increase the chance of finding the right renter-rental match. This is good news for the industry as property owners and renters are forced to navigate an increasing number of listing sites and rental tools across the internet, exacerbating an already confusing process.

With its latest funding, Rhenti will grow the team and increase focus on product development and growth across Canada. “We’ve interviewed countless property owners and operators. We know exactly what problems we need to solve,” said Erin Chan, CPO and Co-founder of Rhenti. “The key will be to keep the team moving fast and focussed on the right things. If we can accomplish everything that we set out to, the future where renting is not an awful experience is just around the corner. I’m excited that we get the opportunity to build it.”

About Rhenti
Rhenti is the industry-leading residential real estate software platform that makes the end-to-end process of marketing and leasing fast, easy, and transparent. Having served over 1,000 property owners and operators who collectively manage over 42,000 doors across Canada, Rhenti aims to streamline ‘renting’ with a heavy emphasis on elevating the renter experience. Visit rhenti.com to learn more.

About Hazelview Investments

Hazelview Investments has been an active investor, owner, and manager of global real estate investments since 1999 and remains committed to creating value for people and places. Hazelview employs a global investment and asset management team of more than 70 people in its offices in Toronto, New York, Hong Kong and Hamburg and manages CAD 9.9 billion in real estate assets. To learn more visit hazelview.com.

For more information, please contact:

Erin Chan

Rhenti

erin@rhenti.com

416-458-2232

Newtopia Appoints Roger Poirier to the Company’s Board of Directors

TORONTO, July 12, 2021 /CNW/ – Newtopia Inc. (“Newtopia” or the “Company“) (TSXV: NEWU), a tech-enabled habit change provider focused on disease prevention, is pleased to announce the appointment of Roger Poirier, CFA to the Company’s Board of Directors, effective immediately. With Mr. Poirier’s appointment, Newtopia has expanded its board to include five directors. Mr. Poirier has more than three decades of capital markets, finance and M&A experience and will serve on Newtopia’s Audit Committee.

Mr. Poirier is the Founder of Whiteshell Group Inc., a Toronto-based merchant bank with a focus on venture capital and mid-market private and public companies. Prior to founding Whiteshell, Mr. Poirier was a co-founder of Cormark Securities, an institutional equity boutique in Toronto, where he held various senior positions over an 18-year period. Most recently, he was Managing Director, Investment Banking and held internal roles, including Deputy Chair – Risk Committee and member of the Audit Committee.

“We are excited to welcome Roger to our Board of Directors,” said Jeff Ruby, Founder & CEO, Newtopia. “Roger’s extensive capital markets experience will be a great complement to, and will round out, our Board’s current roster of expertise. I anticipate that Roger will add significant value to Newtopia as we continue to expand our innovative habit change platform across North America.”

“I am honored to join Newtopia’s Board of Directors,” said Roger Poirier. “Newtopia’s focus on slowing, reversing and preventing the onset of chronic disease is a critical component of reducing insurer costs and driving the overall improvement of employee health. I look forward to collaborating with my fellow directors and expanding awareness of the company’s unique habit change platform as Newtopia continues to grow and expand.”

To learn more about Newtopia’s corporate governance policies and review the Company’s full list of directors, please visit the Corporate Governance section of Newtopia’s investor website at investor.newtopia.com

About Newtopia

Newtopia is a tech-enabled habit change provider focused on disease prevention and reducing the cost of care for health insurers. As a provider of whole person care, we prevent, reverse, and slow the progression of chronic disease while enriching mental health, resilience and overall human performance. Newtopia’s programs leverage genetic, social, and behavioral insights to create individualized prevention programs with a focus on type 2 diabetes, heart disease, stroke and weight. With a person-centered approach that combines virtual care, digital tools, connected devices and actionable data science, Newtopia delivers sustainable clinical and financial outcomes. Newtopia serves some of the largest nationwide employers and health plans and is currently listed on the Toronto Stock Exchange (TSXV: NEWU). To learn more, visit newtopia.comFacebookLinkedIn or Twitter.

Forward Looking Statements

This news release contains forward-looking information and forward-looking statements, within the meaning of applicable Canadian securities legislation, and forward looking statements, within the meaning of applicable United States securities legislation (collectively, “forward-looking statements”), which reflects management’s expectations regarding Newtopia’s future growth, results from operations (including, without limitation, future production and capital expenditures), performance (both operational and financial) and business prospects and opportunities. Wherever possible, words such as “predicts”, “projects”, “targets”, “plans”, “expects”, “does not expect”, “budget”, “scheduled”, “estimates”, “forecasts”, “anticipate” or “does not anticipate”, “believe”, “intend” and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative or grammatical variation thereof or other variations thereof, or comparable terminology have been used to identify forward-looking statements. All statements other than statements of historical fact may be forward-looking ‎information. Such statements reflect Newtopia’s current views and intentions with respect to future ‎events, based on information available to Newtopia, and are subject to certain risks, uncertainties, and ‎assumptions. Material factors or assumptions were applied in providing forward-looking information. While forward-looking statements are based on data, assumptions and analyses that Newtopia believes are reasonable under the circumstances, whether actual results, performance or developments will meet Newtopia’s expectations and predictions depends on a number of risks and uncertainties that could cause the actual results, performance and financial condition of Newtopia to differ materially from its expectations. These forward-looking statements include, among other things, the estimated cost savings to plan payers associated with the use of Newtopia’s platform by plan members, the potential cost of care reduction for other Medicare risk-bearing entities, the continued engagement with Newtopia’s platform by plan members, clients continuing to offer Newtopia’s platform pursuant to agreements entered into, statements relating to Newtopia’s business plans and outlook. Forward-looking statements are not a guarantee and are based on a number of estimates and assumptions management believes to be relevant and reasonable, whether actual results, performance or developments will meet Newtopia’s expectations and predictions depends on a number of risks and uncertainties that could cause the actual results, performance and financial condition of Newtopia to differ materially from its expectations. Certain of the “risk factors” that could cause ‎actual results to differ materially from Newtopia’s forward-looking statements in this press release ‎include, without limitation: the termination of contracts by clients, risks related to COVID-19 including various recommendations, orders and measures of ‎‎governmental authorities to try to limit the pandemic, including travel restrictions, border closures, ‎‎non-essential business closures, quarantines, self-isolations, shelters-in-place and social ‎distancing, ‎disruptions to markets, economic activity, financing, supply chains and sales channels, ‎and a ‎deterioration of general economic conditions including a possible national or global ‎recession; and other general economic, market and business conditions and factors, including the risk factors discussed or referred to in Newtopia’s disclosure documents, filed with the securities ‎regulatory authorities in certain provinces of Canada and available at www.sedar.com including Newtopia’s final long form prospectus dated March 30, 2020.

Should any factor affect Newtopia’s in an unexpected manner, or should assumptions underlying the forward- looking information prove incorrect, the actual results or events may differ materially from the results or events predicted. Any such forward-looking information is expressly qualified in its entirety by this cautionary statement. Moreover, Newtopia does not assume responsibility for the accuracy or completeness of such forward-looking information. The forward-looking information included in this press release is made as of the date of this press release, and Newtopia undertakes no obligation to publicly update or revise any forward-looking information, other than as required by applicable law.

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

SOURCE Newtopia Inc.

For further information: Chief Executive Officer: Jeff Ruby, jruby@newtopia.com; 888-639-8181; ADDO Investor Relations: Kimberly Esterkin, investor@newtopia.com; 310-829-5400

Related Links

www.newtopia.com

Boat Rocker Media Completes Initial Public Offering Raising Gross Proceeds of C$170.1 Million

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

TORONTO, March 24, 2021 /CNW/ – Boat Rocker Media Inc. (“Boat Rocker Media” or the “Company”), an independent, integrated global entertainment company, announced today the closing of its previously announced initial public offering (the “Offering”) of subordinate voting shares of the Company for total gross proceeds to the Company of C$170,100,000.

The subordinate voting shares will commence trading on the Toronto Stock Exchange today under the ticker symbol “BRMI”.

“The completion of our IPO represents an exciting next chapter for Boat Rocker,” said David Fortier and Ivan Schneeberg, Co-Founders and Co-Executive Chairmen, Boat Rocker Media and Co-Chairmen, Boat Rocker Studios. “We’re proud of what the company has achieved to date, but believe we’re just starting to unlock the full potential of our multi-genre IP creation engine.”

“Following the completion of our IPO we have enhanced balance sheet strength and financial flexibility to advance our growth strategy, against a backdrop of robust and growing demand for content globally,” said John Young, Chief Executive Officer of Boat Rocker Media. “We are now in an ideal position to pursue a range of initiatives designed to further expand our creative and commercial capabilities and deliver shareholder value.”

The Offering was underwritten by a syndicate of underwriters led by RBC Capital Markets and TD Securities Inc., as joint bookrunners, J.P. Morgan Securities Canada Inc., as co-lead manager, and including BMO Capital Markets, Scotiabank, Cormark Securities Inc., and Canaccord Genuity Corp.

The underwriters have been granted an over-allotment option to purchase up to an additional 2,835,000 subordinate voting shares at a price of C$9.00 per share for additional gross proceeds of C$25,515,000 if the over-allotment option is exercised in full. The over-allotment option can be exercised for a period of 30 days after the closing date of the Offering.

Stikeman Elliott LLP acted as legal counsel to Boat Rocker Media and Goodmans LLP acted as legal counsel to the underwriters. Whiteshell Advisory Inc. acted as an advisor to the Company.

No securities regulatory authority has either approved or disapproved the contents of this news release. This news release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy the subordinate voting shares in any jurisdiction in which such offer, solicitation or sale would be unlawful.

This news release does not constitute an offer to sell or a solicitation of an offer to sell the subordinate voting shares or any other securities in the United States. The securities issued under the Offering have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States and may not be offered, sold or delivered, directly or indirectly, in the United States, except to Qualified Institutional Buyers (as defined in Rule 144A of the U.S. Securities Act) pursuant to an exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws.

About Boat Rocker Media

Boat Rocker Media is an independent, integrated global entertainment company that harnesses the power of creativity and commerce to tell stories and build iconic brands for audiences around the world. Boat Rocker Studios (the “Studio”), the Company’s creative engine, creates, produces and distributes award-winning content and franchises across all major genres via its Scripted, Unscripted, and Kids & Family divisions. The Studio distributes and licenses thousands of hours of its own and third-party content worldwide. Boat Rocker Media owns or invests in companies in the entertainment industry that bolster the company’s strategic and operational goals, including Insight Productions (Unscripted), Jam Filled Entertainment (2D and 3D Animation), Industrial Brothers (Kids & Family Animation) and Untitled Entertainment, a leading global talent management company that represents leading on-screen talent and celebrities. A selection of Boat Rocker Media’s projects include: Orphan Black (BBC AMERICA, CTV Sci-Fi Channel), Dear…(Apple TV+), Lip Sync Battle (Paramount Network), The Amazing Race Canada (CTV), MasterChef Canada (CTV), The Next Step (Family Channel, CBC), The Loud House (Nickelodeon), Remy & Boo (Universal Kids, CBC), and Dino Ranch (CBC, Disney Junior). For more information, please visit www.boatrocker.com.

Forward-Looking Statements

This news release may contain forward-looking information within the meaning of applicable securities laws, which reflects the Company’s current expectations regarding future events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond the Company’s control. Such risks and uncertainties include, but are not limited to, failure to complete the Offering and the factors discussed under “Risk Factors” in the Final Prospectus. Actual results could differ materially from those projected herein. Boat Rocker Media does not undertake any obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required under applicable securities laws.

SOURCE Boat Rocker Media Inc.

For further information: Craig Armitage, Boat Rocker Media, Investor Relations, craig.armitage@loderockadvisors.com416.347.8954; Matt Salvatore, Boat Rocker Media, Corporate Communications, matt.salvatore@boatrocker.com, 613.852.7462

Richard Shortt to replace Roger Poirier as President of Rush Truck Centres of Canada Limited

MISSISSAUGA, ON, Feb. 28, 2020 /CNW/ – Rush Truck Centres of Canada Limited, which operates a network of commercial vehicle dealerships across Ontario, today announced that Vice President of Operations, Richard Shortt, will be appointed President and Chief Operating Officer of the Company following the planned departure of Roger Poirier, CFA, on February 28th, 2020, after two years in the President role. Kevin Tallman will remain as Chief Executive Officer of the Company.

“The Rush Truck Centres Board of Directors is pleased to appoint Richard Shortt as our next President,” said Rusty Rush, Chairman of the Company. “Richard is a proven, seasoned executive who has played an important role in the company’s strategic transformation over the last decade. Richard has a long history of successes within the commercial vehicle dealership industry and has deep breadth of experience across the Company’s various business segments.”

“In his tenure as our President, Roger Poirier has re-energized the Company as a strong competitor and further established the Company as the industry’s growth leader in Canada. He has led several corporate reorganization initiatives, including acquisitions and divestitures, as well as extensive cost saving implementations. Roger was integral to the formation of the Company and integration with Rush Enterprises Inc., which will continue to provide ongoing operational synergies and enhance the Company’s network effect into the United States. Roger has partnered closely with Richard Shortt over the last two years in anticipation of the planned transition for Richard to assume the role of President,” said Rusty Rush.

“Roger’s strong leadership skills were present throughout his time at the Company, and I’m sure that everyone at the Company benefitted from his professionalism. I’m personally very appreciative of the time Roger spent with us as President,” added Kevin Tallman.

Roger Poirier stated: “I am so proud of our collective efforts to strive for constant improvement over the last few years and I remain grateful to the entire Rush Truck Centres of Canada team for being so welcoming and receptive to change. Partnering with Kevin Tallman has been an exceptional professional experience. Thanks to Kevin and his family, the organization that I joined two years ago was already well positioned as a platform for growth as they had established a strong corporate culture that put ethics and customer service first. More recently, working with the team at Rush Enterprises has given me the opportunity to work closely with a truly entrepreneurial and professionally managed public company. I’m so pleased to have played a role in bringing these two companies together to form such a strong partnership.”

Richard Shortt has more than 25 years of dealer operations and management experience. He joined Kevin Tallman’s organization as Branch Manager in 2007 and was subsequently promoted to Vice President of Operations shortly thereafter. Richard started his career in the commercial vehicle dealership industry in the early 1990’s as general manager of a dealership. Richard has a strong history of working in, and managing, all facets of an ever-expanding Canadian dealership network. He has a firm understanding of the needs of his customers and maintains a true passion for the business.

About Rush Truck Centres of Canada Limited

Rush Truck Centres of Canada Limited operates the largest International Truck dealership network in Canada.  Rush Truck Centres of Canada Limited is owned by a subsidiary of Rush Enterprises, Inc. and the former dealer principles of Tallman Group, which previously owned and operated the dealership assets that now comprise Rush Truck Centres of Canada Limited. The company employs over 600 people and operates 14 locations, 2 collision centres and 6 associate locations in Ontario offering commercial trucks and trailers.  In addition, the company operates an Idealease franchise that includes over 1,100 trucks in its lease and rental fleet. 

SOURCE Rush Truck Centres of Canada

For further information: Press Contact: Nicola Shortt, 289-404-0334, nshortt@rushtruckcentres.ca

Financial Services Veteran Roger Poirier Joins Tallman Group as President

Tallman Group is pleased to announce that Roger Poirier has joined the company as President and Kevin G. Tallman has transitioned to CEO. Roger is a Co-founder and former Managing Director, Investment Banking of Cormark Securities and a seasoned executive with 20 years of experience in the financial services marketplace. He brings to Tallman Group a proficiency in strategic planning for both private and public companies and a successful track record in executing debt and equity financings and mergers and acquisitions. 

“Roger brings a wealth of financial and business expertise to Tallman Group, and his particular skill set will be a great complement to our existing management team,” said Kevin Tallman, CEO “His strong ties to the transportation industry and his talent for guiding acquisitions and growth initiatives position our company well as we continue to grow and expand our geographical footprint throughout Canada.”

In his role as President, Roger will focus on navigating the multi-division company through anticipated industry changes and expected technological advancements in product offerings, while also directing ongoing dealer consolidation and reinforcing partner relationships.

“I’m pleased to be joining a well-managed growing company with such a strong reputation for integrity and a solid customer-focused outlook,” said Roger Poirier, President, “My aim is to work with the Tallman Group team to seek out growth opportunities that benefit our partners and expand our market reach. I welcome the opportunity to positively engage with the challenges and opportunities that exist on the horizon for this industry, and I look forward to contributing to the strong existing partner relationships as they remain in the forefront of our direction”.