Purchasing

Abaxx Announces Signing of Agreements for Strategic Financing in Abaxx Singapore

Retrieved on: 
Wednesday, January 3, 2024

TORONTO, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX) (OTCQX:ABXXF) (“Abaxx Tech” or the “Company”), a financial software and market infrastructure company and majority shareholder of Abaxx Singapore Pte. Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, is pleased to announce that Abaxx Singapore has, as part of a best efforts equity private placement of preferred shares (the “Preferred Shares”) and Ordinary Shares (the “Ordinary Shares”) of Abaxx Singapore (the “Offering”), signed definitive investment agreements with a group of strategic corporate investors to participate in an Offering of 953,787 Preferred Shares and 4,837,392 Ordinary Shares for aggregate gross proceeds of approximately US$27,323,013. The investors for Preferred Shares are Abaxx’s first group of globally recognized strategic participants in the market infrastructure and commodity ecosystems, while Abaxx Tech (through an indirect wholly-owned subsidiary) is the investor for the Ordinary Shares. Closing of the Offering is anticipated to occur on or about January 8, 2024.

Key Points: 
  • TORONTO, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX) (OTCQX:ABXXF) (“Abaxx Tech” or the “Company”), a financial software and market infrastructure company and majority shareholder of Abaxx Singapore Pte.
  • Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, is pleased to announce that Abaxx Singapore has, as part of a best efforts equity private placement of preferred shares (the “Preferred Shares”) and Ordinary Shares (the “Ordinary Shares”) of Abaxx Singapore (the “Offering”), signed definitive investment agreements with a group of strategic corporate investors to participate in an Offering of 953,787 Preferred Shares and 4,837,392 Ordinary Shares for aggregate gross proceeds of approximately US$27,323,013.
  • In addition, investors will be granted some limited pre-emptive rights in connection with any future capital raising by Abaxx Singapore.
  • Abaxx Singapore will also issue 1,107,030 Ordinary Shares to Abaxx Barbados for settlement of intercorporate debts at the deemed Purchase Price, for an aggregate total of 4,837,392 Ordinary Shares and 3,730,362 Warrants being issued to Abaxx Barbados in connection with the Offering.

Surge Copper Acquires 100% Interest in Berg

Retrieved on: 
Wednesday, December 27, 2023

The Purchase Agreement replaces an earlier December 2020 Option Agreement between Surge and TCM which allowed Surge to earn a 70% interest in the Berg Property by spending C$8 million over five years and issuing to TCM C$5 million in common shares of the Company.

Key Points: 
  • The Purchase Agreement replaces an earlier December 2020 Option Agreement between Surge and TCM which allowed Surge to earn a 70% interest in the Berg Property by spending C$8 million over five years and issuing to TCM C$5 million in common shares of the Company.
  • Leif Nilsson, Chief Executive Officer, commented: “We are very pleased to be consolidating a 100% interest in the Berg Property, which firmly establishes our ownership position in the broader Berg-Huckleberry-Ootsa district, results in a more simplified ownership structure for all parties, and provides Surge with significantly more flexibility in future financing choices to advance its assets.
  • Looking forward, our goal is to continue to advance and de-risk this large, emerging critical minerals district and systematically explore the high-potential regional targets.
  • We value our partnership with Centerra and look forward to welcoming them as a significant shareholder in Surge going forward.”

Cipher Mining Announces the Closing of its Acquisition of Black Pearl

Retrieved on: 
Friday, December 8, 2023

Pursuant to the terms of the PSA, the Purchase Price under the PSA is paid by delivery of an aggregate of 2,397,424 shares of the Company’s common stock.

Key Points: 
  • Pursuant to the terms of the PSA, the Purchase Price under the PSA is paid by delivery of an aggregate of 2,397,424 shares of the Company’s common stock.
  • “We are thrilled to have closed on acquiring our new Texas-based, ERCOT-approved site, called Black Pearl,” said Tyler Page, Cipher’s CEO.
  • “With interconnection up to 300 MW, we expect Black Pearl to become the largest of our sites.
  • We’re excited to get started on building Black Pearl, and expect to start deploying mining rigs at the site in a little more than a year.”

Dundee Corporation Announces Intention to Commence a Substantial Issuer Bid for Up to C$20,000,005 in Value of its Series 3 Preferred Shares

Retrieved on: 
Monday, November 20, 2023

As part of this process, the Corporation has taken significant steps to streamline its capital structure and strengthen its balance sheet.

Key Points: 
  • As part of this process, the Corporation has taken significant steps to streamline its capital structure and strengthen its balance sheet.
  • All Series 3 Shares purchased by the Corporation under the Offer will be cancelled in due course.
  • As of November 20, 2023, the Corporation had 1,639,022 Series 3 Shares issued and outstanding.
  • The Series 3 Shares are listed and posted for trading on the Toronto Stock Exchange (the “TSX”) under the symbol “DC.PR.D”.

Europe Online Payment Methods 2023 - Digital Wallets are Poised to Drive Global Transactions beyond EUR 10 Trillion by 2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 27, 2023

The "Europe Online Payment Methods 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Europe Online Payment Methods 2023" report has been added to ResearchAndMarkets.com's offering.
  • As the global cashless era gains momentum, the total transaction value of digital wallets are projected to surge beyond EUR 10 trillion by 2028, at a remarkable CAGR of +12% between 2023 and 2028.
  • As consumers worldwide increasingly shift towards using online payment methods, they are also entrusting their financial data to various companies and payment service providers.
  • "Payment Methods", in % of Respondents, October 2022
    Preferred Payment Method When Shopping Online, in % of Respondents, October 2022

Europe Online Payment Methods Report 2023, Featuring Apple, Bancontact, Klarna, MobilePay, Pay U, Payconiq and YooMoney

Retrieved on: 
Wednesday, December 20, 2023

DUBLIN, Dec. 20, 2023 /PRNewswire/ -- The "Europe Online Payment Methods 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 20, 2023 /PRNewswire/ -- The "Europe Online Payment Methods 2023" report has been added to ResearchAndMarkets.com's offering.
  • Hungary is witnessing significant progress, with an estimated 80% of online stores now offering payment card and e-wallet solutions like Apple Pay and Simple Pay in 2023.
  • As Europe's online payment market evolves, driven by technological advancements and innovative methods, it promises a dynamic future that shapes the way consumers pay and businesses operate.
  • As consumers worldwide increasingly shift towards using online payment methods, they are also entrusting their financial data to various companies and payment service providers.

All Farmers Association of Nigeria (AFAN) Exclusively Adopts Tingo Mobile’s Nwassa Marketplace Platform for its Members

Retrieved on: 
Monday, November 13, 2023

AFAN is the umbrella body of the 56 recognized commodities and agricultural associations in Nigeria, with branches in all 36 states of Nigeria.

Key Points: 
  • AFAN is the umbrella body of the 56 recognized commodities and agricultural associations in Nigeria, with branches in all 36 states of Nigeria.
  • Tingo Mobile is working closely with AFAN to support it in achieving its goal, and to grow its own customer base in Nigeria to 60 million.
  • To support AFAN’s commitment to register 20 million of its members as new customers of Tingo Mobile and Nwassa, Tingo Mobile is delivering 6 million new smartphones in the coming weeks.
  • This is expected to generate significant amounts of produce for Tingo Foods and Tingo DMCC, while also providing considerable support to AFAN and its farmers.

Novo Integrated Sciences Reports 2023 Fiscal Year Financial Results

Retrieved on: 
Thursday, December 14, 2023

Novo Integrated Sciences, Inc. (NASDAQ:NVOS) (the “Company” or “Novo”), pioneering a holistic approach to patient-first health and wellness through a multidisciplinary healthcare ecosystem of multiple patient and consumer touchpoints providing services and product innovation, today reported its financial results for the fiscal year ended August 31, 2023.

Key Points: 
  • Novo Integrated Sciences, Inc. (NASDAQ:NVOS) (the “Company” or “Novo”), pioneering a holistic approach to patient-first health and wellness through a multidisciplinary healthcare ecosystem of multiple patient and consumer touchpoints providing services and product innovation, today reported its financial results for the fiscal year ended August 31, 2023.
  • Robert Mattacchione, the Company’s CEO and Board Chairman, stated, “The 2023 fiscal year emphasized maximizing efficiencies pointed toward future cost savings and margin stability.
  • Revenues for the year ended August 31, 2023 were $12,572,019, representing an increase of $834,082, or 7%, from $11,737,937 for the same period in 2022.
  • Net loss attributed to Novo Integrated Sciences for the year ended August 31, 2023 was $13,214,552, representing a decrease of $19,634,663, or 60%, from $32,849,215 for the same period in 2022.

Imperial announces preliminary results of its substantial issuer bid

Retrieved on: 
Monday, December 11, 2023

Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today the preliminary results of its substantial issuer bid (the “Offer”), pursuant to which Imperial offered to purchase for cancellation up to $1.5 billion of its common shares (the “Shares”).

Key Points: 
  • Imperial Oil Limited (TSE: IMO, NYSE American: IMO) announced today the preliminary results of its substantial issuer bid (the “Offer”), pursuant to which Imperial offered to purchase for cancellation up to $1.5 billion of its common shares (the “Shares”).
  • Immediately following completion of the Offer, Imperial anticipates that 535,836,803 Shares will be issued and outstanding.
  • 27,768,599 Shares were validly tendered and not withdrawn pursuant to auction tenders at or below the Purchase Price and pursuant to purchase price tenders.
  • Shareholders who made auction tenders at a price in excess of the Purchase Price should not expect to have any of their Shares purchased by Imperial.

Barclays Bank PLC Announces Commencement of 24 Cash Tender Offers and Consent Solicitations

Retrieved on: 
Thursday, December 7, 2023

The “Redemption Date” will be the fifth Business Day after the Valuation Date.

Key Points: 
  • The “Redemption Date” will be the fifth Business Day after the Valuation Date.
  • The amendment described in this paragraph with respect to each Series is referred to as the “Proposed Amendment”.
  • Notes purchased by the Issuer pursuant to an Offer will be immediately cancelled.
  • Accordingly, the Purchase Price for any Fixed Price Series may be lower than the trading price of the Notes of that Series on the Expiration Date.