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Cielo Announces Closing of Second Tranche of Private Placement of Convertible Debenture Units

Retrieved on:

Freitag, April 5, 2024

CALGARY, Alberta, April 05, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the second tranche (“Tranche 2”), for gross proceeds of C $1,480,000, of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement"). The Company intends to continue to offer the Convertible Debenture Units on the same terms and close one or more subsequent tranches during the month of April 2024.

Key Points:

CALGARY, Alberta, April 05, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the second tranche (“Tranche 2”), for gross proceeds of C $1,480,000, of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement").
The Company intends to continue to offer the Convertible Debenture Units on the same terms and close one or more subsequent tranches during the month of April 2024.
Pursuant to the closing of Tranche 2, the Company issued 1,480 Convertible Debenture Units for gross proceeds of C $1,480,000, consisting of 1,480 Convertible Debentures and 3,700,000 Warrants.
As the Convertible Debentures will be unsecured debt obligations of the Company, each Convertible Debenture will rank subordinate to all secured debt obligations of the Company.

FuelPositive Welcomes Deputy Minister of Agriculture and Agri-Food Canada to Facility in Waterloo and Announces Non-Brokered Private Placement

Retrieved on:

Donnerstag, April 4, 2024

"Deputy Minister Beck recently visited our team at our new facility during her visit to the Kitchener-Waterloo region.

Key Points:

"Deputy Minister Beck recently visited our team at our new facility during her visit to the Kitchener-Waterloo region.
Deputy Minister Beck was joined by Alec Nicholls, Director General, Agriculture and Agri-Food Canada, Melissa Reginato, Senior Markets and Trade, Agriculture and Agri-Food Canada and Hadley Carpenter, Regional Director, Agriculture and Agri-Food Canada, who was instrumental in organizing the visit.
Our technology embodies the spirit of progress and collaboration and showcases Canada's leadership in pioneering solutions that address pressing global challenges.
The governmental visit was a valuable opportunity for the FuelPositive team to engage in meaningful discussions with Deputy Minister Beck.

PennantPark Completes PennantPark CLO IX, LLC, Continuing the Growth of PennantPark’s CLO Platform

Retrieved on:

Montag, April 1, 2024

CLO, Debt, Fund, CIBC, Growth, Sale, Security (finance)

“This transaction reinforces PennantPark’s ability to access attractive, long-term financing well matched to the lower risk nature of the underlying assets we originate.

Key Points:

“This transaction reinforces PennantPark’s ability to access attractive, long-term financing well matched to the lower risk nature of the underlying assets we originate.
With the closing of PennantPark CLO IX, PennantPark now manages approximately $2.8 billion in CLO assets, and we look forward to continued growth with the support of our current and new investors.”
The Fund will retain all the Subordinated Notes through a consolidated subsidiary.
The reinvestment period for the term debt securitization ends in April 2026 and the Debt is scheduled to mature in April 2034.
The proceeds from the Debt will be used to repay a portion of the Fund’s $250 million secured credit facility.

SiriusPoint Announces Notes Offering, Tender Offer for 4.600% Senior Notes due 2026 and Redemption of 7.00% Senior Notes due 2025

Retrieved on:

Donnerstag, März 21, 2024

Those who validly tender 2026 Notes and deliver consents before the Early Expiration Time will receive the Total Consideration for each $1,000 principal amount of accepted 2026 Notes.

Key Points:

Those who validly tender 2026 Notes and deliver consents before the Early Expiration Time will receive the Total Consideration for each $1,000 principal amount of accepted 2026 Notes.
Those who validly tender 2026 Notes and deliver consents after the Early Expiration Time will receive the Total Consideration, less $50, for each $1,000 principal amount of accepted 2026 Notes.
The Tender Offer will expire at 5:00 p.m., New York City time, on April 19, 2024, unless extended or earlier terminated by SiriusPoint (the “Tender Offer Expiration”).
No recommendation is made as to whether holders should tender their 2026 Notes or deliver their consents with respect to the 2026 Notes.

International Cobalt Announces $5.3M Debt Settlement

Retrieved on:

Montag, März 18, 2024

Lithium, Debt settlement, Debt, Vexatious litigation, News, National instrument, Settlement, USD, CDN, Legislation, Person, Security (finance)

VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- International Cobalt Corp. (“International Cobalt” or the “Company”) advises that it has entered into a settlement agreement dated February 28, 2024, with Tantalex Lithium Resources Corp. (“Tantalex”) to settle an amount of CDN$5,324,275.30 owed to the Company (the “Settlement Agreement”).

Key Points:

VANCOUVER, British Columbia, March 18, 2024 (GLOBE NEWSWIRE) -- International Cobalt Corp. (“International Cobalt” or the “Company”) advises that it has entered into a settlement agreement dated February 28, 2024, with Tantalex Lithium Resources Corp. (“Tantalex”) to settle an amount of CDN$5,324,275.30 owed to the Company (the “Settlement Agreement”).
Each Tantalex Warrant is exercisable by the Company to acquire 50,000,000 Tantalex Shares at a price of $0.10 for a period of thirty (30) months from issuance (the “Debt Settlement”).
As a result of the Debt Settlement, the Company became an insider of Tantalex.
Forward-looking information includes, but is not limited to, statements with respect to the debt settlement and the completion thereof.

Core Molding Technologies Reports Full Year and Fourth Quarter 2023 Results

Retrieved on:

Dienstag, März 12, 2024

Automation, Culture, Debt, Environment, Public expenditure, Overalls, Core Molding Technologies, Adjustment, CMT, Pharmaceutical industry

Gross margin of $64.5 million, or 18.0% of net sales, compared to $52.4 million or 13.9% of net sales, in the prior year.

Key Points:

Gross margin of $64.5 million, or 18.0% of net sales, compared to $52.4 million or 13.9% of net sales, in the prior year.
Operating income of $26.5 million, or 7.4% of net sales, versus operating income of $18.0 million, or 4.8% of net sales, in the prior year.
Adjusted EBITDA1 of $42.3 million, or 11.8% of net sales, compared to $31.9 million, or 8.5% of net sales, in the prior year.
To access the call live by phone, dial (844) 881-0134 and ask for the Core Molding Technologies call at least 10 minutes prior to the start time.

Strathmore Announces Closing Private Placement for Gross Proceeds of $1,419,550

Retrieved on:

Mittwoch, Februar 28, 2024

Soil, TSX Venture Exchange, Sale, Exercise, Warrant, TMX Group, Debt, Consultant, Indian stock exchange, Unit, Legislation, Debt settlement, Offering, Security (finance)

Kelowna, British Columbia--(Newsfile Corp. - February 28, 2024) - Strathmore Plus Uranium Corporation (TSXV: SUU) (OTCQB: SUUFF) (or "the Company") is pleased to report that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $1,419,550 through the issuance of 2,839,100 units at a price of $0.50 per unit.

Key Points:

Kelowna, British Columbia--(Newsfile Corp. - February 28, 2024) - Strathmore Plus Uranium Corporation (TSXV: SUU) (OTCQB: SUUFF) (or "the Company") is pleased to report that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $1,419,550 through the issuance of 2,839,100 units at a price of $0.50 per unit.
Each Unit consists of one common share of the Company and one-half common share purchase warrant (a "Warrant").
Each Full Warrant entitles the holder to purchase one common share of the Company at a price of $0.70 per share for a period of 24 months following the date of issuance.
Proceeds from the Offering will be used for working capital and further exploration of the Company's Wyoming properties, including drilling, soil sampling and geophysics.

Verify Debt Solutions Launches Innovative Debt Resolution Program to Empower Individuals and Help with Debt

Retrieved on:

Freitag, Februar 23, 2024

Creditor, Anxiety, Debt, Negotiation, Hope, Face, Financial services

By providing personalized debt relief solutions, Verify Debt Solutions aims to alleviate the stress and anxiety associated with debt and empower individuals to take control of personal financial well-being.

Key Points:

By providing personalized debt relief solutions, Verify Debt Solutions aims to alleviate the stress and anxiety associated with debt and empower individuals to take control of personal financial well-being.
Key features of the Debt Resolution Program include:
Customized Debt Relief Strategies: Verify Debt Solutions recognizes that every individual's financial situation is unique.
For individuals burdened by debt, Verify Debt Solutions' Debt Resolution Program offers hope and a tangible pathway towards possible financial liberation.
For more information about Verify Debt Solutions and its Debt Resolution Program, please visit https://verifydebtsolutions.com or contact 888-370-0745.

Cielo Announces Closing of First Tranche of Private Placement of Convertible Debenture Units

Retrieved on:

Montag, März 11, 2024

CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the first tranche (“Tranche 1”) of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement"). The Company anticipates that it will close subsequent tranches of the Private Placement in the coming weeks.

Key Points:

CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the first tranche (“Tranche 1”) of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement").
The Company anticipates that it will close subsequent tranches of the Private Placement in the coming weeks.
“The closing of this first tranche of our Private Placement represents a great start to reaching the targeted proceeds,” said Ryan Jackson, Cielo’s CEO.
Pursuant to the closing Tranche 1, the Company issued 560 Convertible Debenture Units for gross proceeds of C $560,000, consisting of 560 Convertible Debentures and 1,400,000 Warrants.

Quanex Building Products Announces First Quarter 2024 Results and Provides Full Year 2024 Guidance

Retrieved on:

Donnerstag, März 7, 2024

Disclaimer, Debt, GAAP, LTM, Pressure

HOUSTON, March 07, 2024 (GLOBE NEWSWIRE) -- Quanex Building Products Corporation (NYSE:NX) (“Quanex” or the “Company”) today announced its results for the three months ended January 31, 2024.

Key Points:

Quanex reported a 3.3% decline in net sales for the first quarter of 2024 in its North American Fenestration segment.
In its North American Cabinet Components segment, Quanex reported a decline of 21.1% in net sales for the first quarter.
Excluding foreign exchange impact, the Company realized a decrease in net sales of 8.4% for the first quarter in its European Fenestration segment.
Based on conversations with our customers, recent demand trends, and the latest macro data, we are now comfortable providing guidance for fiscal 2024.