Debt settlement

Skylight Health Announces Series A Preferred Stock Cash Dividend

Retrieved on: 
Saturday, September 17, 2022

TORONTO, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (NASDAQ: TSXV: SLHG) (Skylight Health or the Company), a multi-state primary care management group in the United States, announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.25% Series A Cumulative Redeemable Perpetual Preferred Shares (the Series A Preferred Shares) for the month of October 2022.

Key Points: 
  • TORONTO, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Skylight Health Group Inc. (NASDAQ: TSXV: SLHG) (Skylight Health or the Company), a multi-state primary care management group in the United States, announced that its Board of Directors has authorized, and the Company has declared, a dividend on its 9.25% Series A Cumulative Redeemable Perpetual Preferred Shares (the Series A Preferred Shares) for the month of October 2022.
  • The Series A Preferred Shares trade under the SLHGP stock ticker symbol.
  • In accordance with the terms of the Series A Preferred Shares, the Series A dividend will be payable in cash in the amount of $0.1927 per share on October 20, 2022 to the shareholders of record of the Series A Preferred Stock as of the dividend record date of September 28, 2022.
  • Each RSU entitles the holder to acquire one common share of Skylight Health Group (the Common Shares) on vesting.

Skylight Health Expands Value-Based-Care Plan in Florida

Retrieved on: 
Thursday, September 15, 2022

Skylight is currently contracted with Florida MA provider in South Florida;

Key Points: 
  • Skylight is currently contracted with Florida MA provider in South Florida;
    Its new amendment expands the current contract into its 3 primary care practices in Central Florida starting January 2023;
    The expansion of its current AvMed contract allows Skylight to begin enrolling Medicare members currently in the Central Florida market;
    Skylight expects the expanded coverage to contribute growth in MA membership for 2023.
  • Skylight Health continues to see opportunities to expand current and engage with new provider partners for MA value-based care across its network in Florida.
  • This would enable its 3 central Florida locations to begin accepting new MA members under this plan for an effective start in January 2023.
  • Through this model, Skylight Health is able to improve patient outcomes, reduce cost of delivery, and drive stronger financial performance.

Early Warning Report Filed Pursuant to NI 62-103

Retrieved on: 
Thursday, August 11, 2022

VANCOUVER, British Columbia, Aug. 11, 2022 (GLOBE NEWSWIRE) -- Pavenham Development Corp. (“Pavenham”), with an address at 2321 Bolding Road, Mill Bay, British Columbia, V0R 2P4, has acquired ownership of 1,600,000 units (“Units”) issued by Affinor Growers Inc. (the “Company”), a corporation with a head office at 595 Howe Street, 4th Floor, Vancouver, British Columbia V6C 2T5 (the “Acquisition”). Each Unit is comprised of one common share in the capital of the Company (a “Share”) and one Share purchase warrant (a “Warrant”). Each Warrant is exercisable to acquire one additional Share at a price of $0.15 for a period of 12 months from the date of issuance.

Key Points: 
  • Each Unit is comprised of one common share in the capital of the Company (a Share) and one Share purchase warrant (a Warrant).
  • Pavenham acquired the Units pursuant to a debt settlement agreement (the Debt Settlement Agreement) dated August 2, 2022 (the Debt Settlement Agreement) between the Company and Pavenham.
  • This press release is issued pursuant to early warning requirements of National Instrument 62-104 and National Instrument 62-103, which also requires a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters (the Early Warning Report).
  • A copy of the Early Warning Report will be available under the Companys SEDAR profile at www.sedar.com and may be obtained by contacting: Nick Brusatore, Chief Executive Officer, Affinor Growers Inc. at [email protected] or 604-356-0411.

LUXXFOLIO Launches Immersion Mining and Substantially Reduces Debt

Retrieved on: 
Thursday, August 11, 2022

Under the Debt Settlement, the Company will reduce its debt by approximately USD$5.8mm (the "Debt") in exchange for a reduction to its current mining fleet by approximately 1900 machines (the "Miners").

Key Points: 
  • Under the Debt Settlement, the Company will reduce its debt by approximately USD$5.8mm (the "Debt") in exchange for a reduction to its current mining fleet by approximately 1900 machines (the "Miners").
  • The Debt represents the Company's entire obligation to the Lender and substantially all the Company's long-term debt.
  • LUXXFOLIO gains financial flexibility and capacity in our New Mexico site to aggressively pursue our immersion mining strategy.
  • LUXXFOLIO believes immersion is the future of mining and provides a risk-reduced business strategy for mining.

Affinor Growers Announces Securities for Debt Transactions

Retrieved on: 
Tuesday, August 2, 2022

VANCOUVER, British Columbia, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (Affinor or the Company) (CSE: AFI; OTCQB: RSSFF), a vertical farming technology and operations company with a commercial production facility in Abbotsford, BC, announces that it has entered into debt settlement agreements with certain creditors (the Creditors) to settle an aggregate of CAD$229,355 in debt (the Debt).

Key Points: 
  • VANCOUVER, British Columbia, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (Affinor or the Company) (CSE: AFI; OTCQB: RSSFF), a vertical farming technology and operations company with a commercial production facility in Abbotsford, BC, announces that it has entered into debt settlement agreements with certain creditors (the Creditors) to settle an aggregate of CAD$229,355 in debt (the Debt).
  • The issuance of Units to Mr. Brusatore and Pavenham officer constitute "related party transactions" as defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions (MI 61-101).
  • The participation by the officer in the Debt Settlement was approved by directors of the Company who are independent in connection with such transactions.
  • All securities issued in connection with the Debt Settlement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

Anfield Energy Announces Upsized C$15 Million Private Placement

Retrieved on: 
Friday, April 22, 2022

VANCOUVER, British Columbia , April 21, 2022 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to report that, in connection with its previously announced bought deal private placement financing, the Company has entered into an amended agreement with Haywood Securities Inc., on behalf of itself and Red Cloud Securities Inc. (collectively, the “Underwriters”), to purchase 125,000,000 subscription receipts of the Company (the “Subscription Receipts”) at a price of C$0.12 per Subscription Receipt on a pre-Consolidation (as hereinafter defined) basis (the “Issue Price”) for gross proceeds to the Company of C$15,000,000 (the “Offering”).

Key Points: 
  • As previously disclosed, Anfield has entered into a settlement agreement with Uranium Energy Corp (UEC) respecting US$18.34 million which was owed to Uranium One Americas, Inc. (U1A) and is presently due and owing to UEC (the Indebtedness).
  • UEC has agreed to the full settlement of the Indebtedness for US$9.17 million in cash plus US$9.17 million in securities of Anfield (the Debt Settlement).
  • In addition, Anfield will complete an asset swap to exchange certain of its properties for properties of UEC (the Property Swap and, together with the Debt Settlement, the Transactions).
  • Anfield is a publicly traded corporation listed on the TSX-Venture Exchange (AEC-V), the OTCQB Marketplace (ANLDF) and the Frankfurt Stock Exchange (0AD).

Pima Zinc Corp. Announces Debt Settlement

Retrieved on: 
Thursday, April 21, 2022

The Common Shares and Warrants issued pursuant to the Debt Settlement are subject to a four-month hold period.

Key Points: 
  • The Common Shares and Warrants issued pursuant to the Debt Settlement are subject to a four-month hold period.
  • Pursuant to the Debt Settlement, Mr. Chris Irwin acquired 5,000,000 Common Shares of the Company.
  • Prior to the completion of the Debt Settlement, Mr. Irwin held, directly or indirectly, 16,666 Common Shares and 8,333 Warrants.
  • The Debt Settlement constituted a "related party transaction" as defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions ("MI 61-101"), as a director and certain officers of the Company were involved in the Debt Settlement.

Anfield Energy Announces Transactions to Raise Capital, Retire Debt, and Consolidate Uranium and Vanadium Resources in the USA

Retrieved on: 
Thursday, April 21, 2022

VANCOUVER, British Columbia, April 21, 2022 (GLOBE NEWSWIRE) -- Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or the “Company”) is pleased to announce that it has entered into definitive agreements dated April 19, 2022 which will position the Company as a uranium and vanadium development company solely focused in the Southwest United States. Anfield has entered into a settlement agreement with Uranium Energy Corp (“UEC”) respecting US$18.34 million which was owed to Uranium One Americas, Inc. (“U1A”) and is presently due and owing to UEC (the “Indebtedness”). UEC has agreed to the full settlement of the Indebtedness for US$9.17 million in cash plus US$9.17 million in securities of Anfield (the “Debt Settlement”). In addition, Anfield will complete an asset swap to exchange certain of its properties for properties of UEC (the “Property Swap” and, together with the Debt Settlement, the “Transactions”).

Key Points: 
  • Anfield has entered into a settlement agreement with Uranium Energy Corp (UEC) respecting US$18.34 million which was owed to Uranium One Americas, Inc. (U1A) and is presently due and owing to UEC (the Indebtedness).
  • UEC has agreed to the full settlement of the Indebtedness for US$9.17 million in cash plus US$9.17 million in securities of Anfield (the Debt Settlement).
  • In addition, Anfield will complete an asset swap to exchange certain of its properties for properties of UEC (the Property Swap and, together with the Debt Settlement, the Transactions).
  • Finally, our vanadium resources will increase, giving Anfield a significant position in the vanadium sector in the United States.

/R E P E A T -- ATMOFIZER TECHNOLOGIES INC. RECEIVES PATENT FROM USPTO/

Retrieved on: 
Wednesday, April 13, 2022

The issued patent, titled, "Ultra-Fine Particle Aggregation, Neutralization and Filtration" (US Patent Application No.

Key Points: 
  • The issued patent, titled, "Ultra-Fine Particle Aggregation, Neutralization and Filtration" (US Patent Application No.
  • "This patent is a critical step in protecting our technology and establishing ourselves as the leaders in purifying air from even the smallest ultra-fine particles.
  • "The importance of this issued patent for Atmofizer is that the patent covers Atmofizer's current commercial embodiment of its flagship air purifier," said Atmofizer Patent Attorney, Joel Weiss.
  • "The innovations claimed in the issued patent represent important steps forward in providing clean and comfortable air in today's confined living spaces."

TRILLION COMPLETES EQUITY FINANCING

Retrieved on: 
Tuesday, March 29, 2022

In the first tranche closed March 16, 2022, the Company issued an aggregate of 46,368,643 units for aggregate gross proceeds of $7,651,000.

Key Points: 
  • In the first tranche closed March 16, 2022, the Company issued an aggregate of 46,368,643 units for aggregate gross proceeds of $7,651,000.
  • The Units are comprised of one (1) common share (Common Share) and one half (1/2) of one (1) common share purchase warrant (Warrant) of Trillion.
  • The Warrants include an acceleration provision whereby if the Company's Common Shares trade at a price greater than $1.00 for a period of 20 trading days, Trillion may accelerate the expiry of the Warrants.
  • Trillion Energy International Inc. is an oil and gas producing company with multiple assets throughout Turkey and Bulgaria.