Royalty payment

Importance of Music in the Reopening of Hotels

Retrieved on: 
Thursday, July 1, 2021
Pasadena, California, Sensory cue, Royalty payment, Pasadena, Texas, Cognitive science, Branches of biology, Neuroscience

PASADENA, Calif., July 1, 2021 /PRNewswire/ -- Rightsify , the global music licensing and royalty collection agency based in Pasadena, California, has today published a report regarding the importance of music in the reopening of the hotel industry.

Key Points: 
  • PASADENA, Calif., July 1, 2021 /PRNewswire/ -- Rightsify , the global music licensing and royalty collection agency based in Pasadena, California, has today published a report regarding the importance of music in the reopening of the hotel industry.
  • As the world slowly reopens after a challenging year of COVID-19, businesses find new ways on how they can bounce back.
  • There are some fascinating insights in this report on how hotel guests' perception and behavior are influenced by environmental cues such as music.
  • Playing slow and relaxing music in hotels can be of major value as it slows down the heart rate of the listener and helps put them at ease.

NuVinAir Global Franchisee Expands into Colorado, Accelerating the Company's Rapid Growth in the Transportation Industry

Retrieved on: 
Thursday, July 1, 2021
Contract law, Franchising, Royalty payment

"We've got the right product, the right team, and Colorado is the right state for us."

Key Points: 
  • "We've got the right product, the right team, and Colorado is the right state for us."
  • Our average Franchisee owns more than eight exclusive territories, helping us deliver the future of clean driving to the transportation industry with a select number of elite partners."
  • NuVinAir Globalis a privately held, Dallas-based company disrupting the transportation industry with a range of Healthy Vehicle Service Programs.
  • The NuVinAir Franchise program requires no ongoing royalties or brick and mortar investment, and includes recruitment, training, and marketing support.

Bravada Signs Definitive Agreement for Highland Au/Ag Prospect, Nevada; Drilling Expected July 2021

Retrieved on: 
Wednesday, June 30, 2021
Financial law, Expense, Intellectual property law, Patent law, Royalty payment, Payment, Articles, Business

Headwater is planning to begin drilling eight reverse-circulation holes (~2,000m in total) in July 2021.

Key Points: 
  • Headwater is planning to begin drilling eight reverse-circulation holes (~2,000m in total) in July 2021.
  • Payments include advanced minimum royalty ("AMR") payments to underlying property vendors, claim fees, an initial cash payment of US$10,000 to Bravada.
  • Bravada is an exploration company with a portfolio of high-quality properties in Nevada, one of the best mining jurisdictions in the world.
  • For further information, please visit Bravada Gold Corporation's website at bravadagold.com or contact the Company at 604.684.9384 or 775.746.3780.

Nickel 28 Announces TSXV Acceptance of Normal Course Issuer Bid

Retrieved on: 
Wednesday, June 30, 2021
Mining, Minerals, Natural Resources, Physical sciences, Chemistry, Natural sciences, Chemical elements, Dietary minerals, Ferromagnetic materials, Native element minerals, Transition metals, Nickel, Cobalt, Royalty payment, Security

Nickel 28 has entered into an exclusive agreement with Haywood Securities Inc. to conduct the NCIB on behalf of the Company.

Key Points: 
  • Nickel 28 has entered into an exclusive agreement with Haywood Securities Inc. to conduct the NCIB on behalf of the Company.
  • The price that Nickel 28 will pay for common shares in open market transactions will be the market price at the time of purchase.
  • The actual number of common shares which may be purchased, and the timing of such purchases, will be determined by Nickel 28.
  • In addition, Nickel 28 manages a portfolio of 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea.

VNUE Endorses The American Music Fairness Act

Retrieved on: 
Tuesday, June 29, 2021
Intellectual property law, SoundExchange, United States copyright law, AFL–CIO, Royalty payment, SAG-AFTRA, Music radio, Music industry, American Association of Independent Music

The American Music Fairness Act (AMFA) would compel radio stations to pay performance royalties to all musicians and copyright owners.

Key Points: 
  • The American Music Fairness Act (AMFA) would compel radio stations to pay performance royalties to all musicians and copyright owners.
  • At a news conference announcing the introduction of the new Act, Deutch said, "The American Music Fairness Act will protect the artists we know as they make the music we love.
  • The American Music Fairness Act would change the music industry by:
    Requiring terrestrial radio stations to compensate all artists for their property.
  • The American Music Fairness Act is endorsed by: the American Association of Independent Music (A2IM), the American Federation of Musicians, The Recording Academy, The Recording Industry Association of America (RIAA), SAG-AFTRA, SoundExchange, and now VNUE.

Vista Gold Corp. Receives $1.0 Million Guadalupe de los Reyes Payment

Retrieved on: 
Monday, June 28, 2021
Windows Vista, Royalty payment, Vista, Government, Software, Articles

DENVER, June 28, 2021 (GLOBE NEWSWIRE) -- Vista Gold Corp. (NYSE American and TSX: VGZ) (Vista or the Company) today announced receipt of the final $1.0 million payment from Prime Mining Corp. (Prime Mining).

Key Points: 
  • DENVER, June 28, 2021 (GLOBE NEWSWIRE) -- Vista Gold Corp. (NYSE American and TSX: VGZ) (Vista or the Company) today announced receipt of the final $1.0 million payment from Prime Mining Corp. (Prime Mining).
  • As announced on June 15, 2020 ( see news release ), Prime Mining was required to pay Vista $2.1 million in lieu of Vista being granted certain royalties and back-in rights relating to the Guadalupe de los Reyes gold / silver project in Mexico.
  • The first payment of $1.1 million was paid in January 2021.
  • With this $1.0 million payment, Vista has no remaining right to be granted the royalties and back-in rights.

Metalla Announces Voting Results from Annual General Meeting

Retrieved on: 
Friday, June 25, 2021
Expense, Intellectual property law, Patent law, Royalty payment, Forward-looking statement, Metalla, Articles

Our goal is to increase share value by accumulating a diversified portfolio of royalties and streams with attractive returns.

Key Points: 
  • Our goal is to increase share value by accumulating a diversified portfolio of royalties and streams with attractive returns.
  • This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and U.S. securities legislation.
  • Metalla undertakes no obligation to update forward-looking information except as required by applicable law.
  • View original content to download multimedia: http://www.prnewswire.com/news-releases/metalla-announces-voting-results...
    SOURCE Metalla Royalty and Streaming Ltd.

Ely Gold Royalties Open Letter to Shareholders

Retrieved on: 
Friday, June 25, 2021
Ely, Shareholder, Royalty payment

Vancouver, British Columbia--(Newsfile Corp. - June 25, 2021) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold" or the "Company").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 25, 2021) - Ely Gold Royalties Inc. (TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold" or the "Company").
  • Ely Gold shareholders will have the choice to tender their shares for either "all cash" at CAN$1.46 per share or "all Gold Royalty stock" at a ratio of .2450 per Ely Gold share.
  • Ely Gold, in cooperation with Gold Royalty, is preparing a Management Information Circular to be mailed to Ely Gold shareholders in mid-July, together with proxies/voting instruction forms to allow shareholders to vote on the transaction.
  • At the transaction valuation, had Gold Royalty agreed to acquire Ely Gold in an all-stock transaction, Ely Gold shareholders would end up owning over 50% of the combined entity.

Pacific Coast Oil Trust Announces There Will Be No June Cash Distribution

Retrieved on: 
Thursday, June 24, 2021
Oil, Gas, Energy, Articles, Legal entities, Law, Royalty trust, Trust law, Delaware statutory trust, Royalty payment, Organizations

ARO is the accounting recognition related to plugging and abandonment obligations that all oil and gas operators face.

Key Points: 
  • ARO is the accounting recognition related to plugging and abandonment obligations that all oil and gas operators face.
  • Therefore, until the net profits deficit is eliminated, the only cash proceeds the Trust will receive are pursuant to the 7.5% overriding royalty interest.
  • Costs associated with returning wells to service must be recovered before cash flow to the Trust can be created.
  • Pacific Coast Oil Trust is a Delaware statutory trust formed by PCEC to own interests in certain oil and gas properties in the Santa Maria Basin and the Los Angeles Basin in California (the Underlying Properties).

Karyopharm Announces Expansion Of Royalty Agreement With Healthcare Royalty For Up To $100 Million

Retrieved on: 
Thursday, June 24, 2021
Intellectual property law, Royalty payment, Trademark, Marketing, Civil law common law), Market economics)

Under the terms of the amended agreement, Karyopharm received $60 million and is eligible to receive two additional $20 million payments subject to certain prespecified future development and commercial milestones.

Key Points: 
  • Under the terms of the amended agreement, Karyopharm received $60 million and is eligible to receive two additional $20 million payments subject to certain prespecified future development and commercial milestones.
  • HCR will receive tiered royalty payments based on worldwide net revenues of XPOVIO and any other future products.
  • This expanded agreement follows a previous investment of $75 million that HCR made in Karyopharm in September 2019.
  • XPOVIO and NEXPOVIO are registered trademarks of Karyopharm Therapeutics Inc. Any other trademarks referred to in this release are the property of their respective owners.