TSX Venture Exchange

A.I.S. Resources Announces a 1-for-10 Reverse Stock Split

Retrieved on: 
Tuesday, March 5, 2024
OTCQB, TSX Venture Exchange, AIS, FRA, Exercise, CUSIP, Consolidation, Security (finance)

Resources Limited ( TSX-V: AIS, OTCQB: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) wishes to announce the decision to proceed with a 1-for-10 reverse stock split, also known as a stock consolidation, stock merge, or share rollback, applicable to all issued shares and outstanding warrants and options.

Key Points: 
  • Resources Limited ( TSX-V: AIS, OTCQB: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) wishes to announce the decision to proceed with a 1-for-10 reverse stock split, also known as a stock consolidation, stock merge, or share rollback, applicable to all issued shares and outstanding warrants and options.
  • Effective at the commencement of trading on March 8, 2024 the Company is expected to begin trading on the TSX Venture Exchange on a post-consolidated basis under the stock symbol “AIS”.
  • The Company will not be issuing fractional post-Consolidation common shares to shareholders in connection with the Consolidation.
  • Those holding paper certificates will need to present those to AIS and have a new certificate issued.

Bitcoin Well Announces Brokered Financing Led by Haywood Securities

Retrieved on: 
Monday, March 4, 2024
Bitcoin, Well, Issuer, WIRE, TSX Venture Exchange, Marketing, Part, Sale, Date, Indian stock exchange, NOT, National instrument, NEWS, Issue, Offering, Prospectus, Security (finance)

EDMONTON, Alberta, March 04, 2024 (GLOBE NEWSWIRE) --  Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF), the non-custodial bitcoin business on a mission to enable independence, is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”) dated February 29, 2024 to act as sole agent and sole bookrunner to assist the Company in selling on a commercially reasonable efforts private placement basis, units of the Company (each, a “Unit”) at a price of C$0.175 per Unit (the “Issue Price”) for gross proceeds of a minimum of C$1,250,000 (from the sale of a minimum 7,142,857 Units) and a maximum of C$2,100,000 (from the sale of a maximum of 12,000,000 Units) (the “Offering”).

Key Points: 
  • The Company intends to use the net proceeds of the Offering for sales and marketing, working capital and general corporate purposes.
  • The securities offered under the Listed Issuer Financing Exemption will not be subject to a statutory hold period in accordance with applicable Canadian securities laws.
  • All securities not issued pursuant to the Listed Issuer Financing Exemption will be subject to a hold period in accordance with applicable Canadian securities law, expiring four months and one day following the Closing Date.
  • The Company expects to close the Offering on or about March 22, 2024, or such other date as the Company and Haywood may agree.

Dolly Varden Silver Announces $15 Million Bought-Deal Public Offering, With Participation by Eric Sprott

Retrieved on: 
Monday, March 4, 2024
TSX Venture Exchange, Person, Mining, Income Tax Act, Sale, Supplement, Indian stock exchange, DV, NOT, Underwriting, Charity, Fury, Offering, Security (finance)

VANCOUVER, British Columbia, March 04, 2024 (GLOBE NEWSWIRE) -- Dolly Varden Silver Corporation (TSXV: DV) (OTCQX: DOLLF) (the “Company” or “Dolly Varden”) is pleased to announce that it has entered into an agreement with Research Capital Corporation, as the sole bookrunner and co-lead underwriter, and together with Haywood Securities Inc. as co-lead underwriters, on behalf of a syndicate of underwriters, including Raymond James Ltd. (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 14,285,700 flow-through shares of the Company to be sold to charitable purchasers (each, a “Charity FT Share”) that will qualify as “flow-through shares” within the meaning of subsection 66(15) of the Income Tax Act (Canada) at a price of $1.05 per Charity FT Share, for aggregate gross proceeds to the Company of $14,999,985 (the “Offering”). Mr. Eric Sprott, through 2176423 Ontario Ltd., has indicated his intention to participate in the transaction.

Key Points: 
  • Mr. Eric Sprott, through 2176423 Ontario Ltd., has indicated his intention to participate in the transaction.
  • Copies of the Shelf Prospectus and, the Supplement to be filed in due course in connection with the Offering, will be available on SEDAR+ at www.sedarplus.ca .
  • The Shelf Prospectus contains, and the Supplement will contain, important detailed information about the Company and the Offering.
  • In connection with the Offering, the Underwriters will receive an aggregate cash fee equal to 5.0% of the gross proceeds of the Offering.

Puma Announces a Creative Deal to Unlock Value of its Assets in New Brunswick

Retrieved on: 
Monday, March 4, 2024
Acquisition, OTCQB, NSR, Caribou Mine, TSX Venture Exchange, Prospectus, News, TSX, Sale, Option, PUMA, CAD, Project, ASX, Attention, Contract management, CCI, Development, Australian Securities Exchange, VWAP

Before the execution of the Raptor Agreements, Puma was holding a 100% interest in each of the Projects.

Key Points: 
  • Before the execution of the Raptor Agreements, Puma was holding a 100% interest in each of the Projects.
  • The sale of the Chester and Turgeon Projects to Raptor will allow Puma to further monetize its copper assets and unlock their value.
  • We’re always looking to increase shareholder value and creative ways to finance and control share dilution.
  • The objective for Puma is to receive from Raptor the same consideration value as the one that it negotiated in its initial option deal with Canadian Copper, of which CAD $2M remains receivable.

West Red Lake Gold Announces Upsize to Previously Announced Private Placement

Retrieved on: 
Friday, March 1, 2024
Prospectus, TSX Venture Exchange, Floor, Rule, Sale, Regulation D, Warrant, Gold, Agent, Unit, Offering, Security (finance)

TORONTO, March 01, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF), is pleased to announce that, due to strong demand, it has agreed with Raymond James Ltd. as lead agent, on behalf of a syndicate of agents (collectively, the “Agents”), to increase the size of its previously announced private placement of units (the “Units”) to US$23,000,000 (the “Offering”) from US$20,000,000. The Agents will have the option to sell up to an additional 15% of the Units offered, exercisable, in whole or in part, at any time up to 48 hours prior to the Closing Date (as defined below) to cover over-allotments, if any.

Key Points: 
  • TORONTO, March 01, 2024 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF), is pleased to announce that, due to strong demand, it has agreed with Raymond James Ltd. as lead agent, on behalf of a syndicate of agents (collectively, the “Agents”), to increase the size of its previously announced private placement of units (the “Units”) to US$23,000,000 (the “Offering”) from US$20,000,000.
  • Commencing January 1, 2026, the Company will cause gold to be placed in escrow on a quarterly basis into a gold trust account.
  • The Notes will amortize based on a guaranteed floor price of US$1,800 per ounce of gold (the “Floor Price”).
  • Any excess proceeds by which the gold price exceeds the Floor Price will be paid to investors as a premium.

ATHA Energy Announces Approval to List on TSXV and Receipt of Final Order for Arrangement With Latitude Uranium

Retrieved on: 
Friday, March 1, 2024
TSX Venture Exchange, Arrangement, Uranium, FRA, CUSIP, SASK, Justice

ATHA’s common shares have been listed on the Canadian Securities Exchange (the “CSE”) since April 11, 2023, under the trading symbol “SASK”.

Key Points: 
  • ATHA’s common shares have been listed on the Canadian Securities Exchange (the “CSE”) since April 11, 2023, under the trading symbol “SASK”.
  • ATHA has applied to voluntarily delist its common shares (the “Delisting”) from the CSE, prior to completion of the listing on the TSXV.
  • As previously announced, the Arrangement was approved by Latitude Uranium’s shareholders at a special meeting held on February 27, 2024.
  • The TSXV listing, concurrent with receipt of the final court approval of the Latitude Uranium transaction, is a momentous achievement and marks a new chapter for ATHA Energy as we continue to advance on our overall objective of discovering and developing the world’s next generation of uranium assets.”

InspireSemi Announces Extension of Non-Brokered Private Placement of Units

Retrieved on: 
Thursday, February 29, 2024
HPC, TSX Venture Exchange, AI

Further information on the Offering can be found in the Company’s press release dated January 15, 2024.

Key Points: 
  • Further information on the Offering can be found in the Company’s press release dated January 15, 2024.
  • The Company now expects the offering to close on or before March 31, 2024 subject to the approval of the TSX Venture Exchange.
  • The terms of the Offering are unchanged from those previously reported.
  • The Company may close the Offering in multiple tranches.

Fobi AI Announces Completion of Non-Brokered Placement

Retrieved on: 
Thursday, February 29, 2024
The Insider, TSX Venture Exchange, AI, Marketing, News, Sale, Exercise, Warrant, Multilateral, PI, Indian stock exchange, Unit, Acceleration, Minority, Offering, Security (finance)

VANCOUVER, BC, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that, further to its press release dated February 28, 2024, it has completed a non-brokered private placement offering (the "Offering") of 7,603,569 units of the Company ("Units") at a price per Unit of $0.07 for aggregate gross proceeds of $532,250. 

Key Points: 
  • I am deeply humbled and grateful for the overwhelming interest and support we have received for our listed issuer financing exemption (“LIFE”) offering.
  • As we reached the maximum eligible investment, we received a couple of large orders that unfortunately couldn't be accommodated within the LIFE offering.
  • Recognizing this demand, the parties involved approached us to explore the possibility of an additional private placement.
  • To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our Investor Experience page .

Voxtur Completes the Issuance of Shares in Connection with the Acquisition of MTE

Retrieved on: 
Wednesday, February 28, 2024
Acquisition, TSX Venture Exchange, News, Consultant, Ecosystem, Commercial property

TORONTO and TAMPA, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce that further to its news release dated February 2, 2024 , the Company has completed the issuance of 5,500,000 common shares in the capital of the Company at a deemed price of $0.094 per share (the “Debt Shares”), in lieu of cash payable for the aggregate amount of $500,000 (being the outstanding cash balance of the remaining purchase price for the acquisition of Municipal Tax Equity Consultants Inc. and MTE Paralegal Professional Corporation (collectively, “MTE”)), held in escrow for 18 months pursuant to an escrow agreement between the Company, the escrow agent, the seller and the guarantor (the “Escrow Amount”).

Key Points: 
  • TORONTO and TAMPA, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Voxtur Analytics Corp. (TSXV: VXTR; OTCQB: VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce that further to its news release dated February 2, 2024 , the Company has completed the issuance of 5,500,000 common shares in the capital of the Company at a deemed price of $0.094 per share (the “Debt Shares”), in lieu of cash payable for the aggregate amount of $500,000 (being the outstanding cash balance of the remaining purchase price for the acquisition of Municipal Tax Equity Consultants Inc. and MTE Paralegal Professional Corporation (collectively, “MTE”)), held in escrow for 18 months pursuant to an escrow agreement between the Company, the escrow agent, the seller and the guarantor (the “Escrow Amount”).
  • The TSX Venture Exchange (“TSXV”) has approved the issuance of the Debt Shares and the escrow agent has returned in cash, the Escrow Amount (together with all interest, dividends, income, capital gains and other amounts earned thereon or derived therefrom) to the Company pursuant to an amended and restated escrow agreement.
  • The Debt Shares are subject to the statutory four month and a day hold period that will expire on June 28, 2024.

Fobi AI Announces Completion of Fully Subscribed Upsized Non-Brokered LIFE Offering and & New Non-Brokered Placement

Retrieved on: 
Wednesday, February 28, 2024
TSX Venture Exchange, AI, Marketing, News, Part, Finder, Sale, Exercise, Warrant, PI, Indian stock exchange, National instrument, Acceleration, The Finders (movement), Security (finance)

VANCOUVER, BC, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that, further to its press releases dated February 2, 2024, February 23, 2024 and February 26, 2024, it has completed the final closing of its previously announced fully-subscribed upsized non-brokered private placement pursuant to the listed issuer financing exemption (the “Listed Issuer Financing Exemption”) under Part 5A of National Instrument 45-106 – Prospectus Exemptions (“NI 45-106”) (the “LIFE Offering”).

Key Points: 
  • The total LIFE Offering was comprised of the issuance of an aggregate of 34,905,498 Units at a price per Unit of C$0.07 for aggregate gross proceeds of $2,443,384.94.
  • For avoidance of doubt, the Company shall not be obligated to exercise the Acceleration Right at any time.
  • Due to additional interest, the Company is also pleased to announce a new non-brokered private placement offering of Units (the "Non-LIFE Offering").
  • To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our Investor Experience page .