Ontario Securities Commission

Wallbridge Announces the Filing of a Final Base Shelf Prospectus and an Amended and Restated Technical Report

Retrieved on: 
Friday, December 29, 2023

The Company currently has no plans to undertake a financing in connection with the Shelf Prospectus.

Key Points: 
  • The Company currently has no plans to undertake a financing in connection with the Shelf Prospectus.
  • Concurrently with the filing of the Shelf Prospectus, the Company filed an amended technical report entitled “Amended and Restated: NI 43-101 Technical Report for the Detour-Fenelon Gold Trend Property and Preliminary Economic Assessment of the Fenelon Gold Project, Quebec, Canada” (the “Amended Technical Report”).
  • The Amended Technical Report addresses comments raised by staff of the Ontario Securities Commission (the “OSC”) in connection with the OSC’s review of the Company’s Shelf Prospectus.
  • The Amended Technical Report contains no material differences to the technical report filed on August 10, 2023 (the “August Report”) and there are no differences with respect to the mineral resource estimates, the preliminary economic assessment (“PEA”) or the conclusions contained in the August Report.

Sprott Physical Uranium Trust Announces Filing of New US$1.5 Billion Preliminary Base Shelf Prospectus and Results of Consideration of Structural Changes

Retrieved on: 
Friday, December 29, 2023

The Trust also announced the voluntary withdrawal of its final short form base shelf prospectus dated September 7, 2023 concurrently with the filing of the new preliminary base shelf prospectus.

Key Points: 
  • The Trust also announced the voluntary withdrawal of its final short form base shelf prospectus dated September 7, 2023 concurrently with the filing of the new preliminary base shelf prospectus.
  • Following these considerations, the Trust has determined that it will not implement a redemption feature at this time due to changes in market dynamics.
  • Since September 2023, the Trust has traded more closely with its NAV, negating the expected benefit of a redemption feature.
  • Such undertakings will terminate upon withdrawal or termination of the new base shelf prospectus.

Li-Cycle Receives Continued Listing Standard Notice from NYSE

Retrieved on: 
Friday, December 29, 2023

Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced that it has received written notice (the "Notice") from the New York Stock Exchange (“NYSE”) indicating that the Company is not in compliance with Section 802.01C of the NYSE’s continued listing standards because the average closing price of Li-Cycle’s common stock was less than $1.00 over a consecutive 30 trading-day period.

Key Points: 
  • Li-Cycle Holdings Corp. (NYSE: LICY) (“Li-Cycle” or the “Company”), a leading global lithium-ion battery resource recovery company, today announced that it has received written notice (the "Notice") from the New York Stock Exchange (“NYSE”) indicating that the Company is not in compliance with Section 802.01C of the NYSE’s continued listing standards because the average closing price of Li-Cycle’s common stock was less than $1.00 over a consecutive 30 trading-day period.
  • Li-Cycle has advised the NYSE of its intention to cure the deficiency and is considering all available options in this regard.
  • Under the NYSE’s rules, Li-Cycle has a six-month period following receipt of the Notice to bring its average closing share price to at least $1.00 over the prior 30 trading-day period.
  • The Notice has no immediate effect on the listing of the Company’s common shares on the NYSE, subject to the Company’s compliance with the NYSE’s other continued listing requirements, and does not affect Li-Cycle’s ongoing business operations or its reporting obligations under the rules of the U.S. Securities and Exchange Commission or the Ontario Securities Commission.

HIVE Digital Announces Closing of $28.75 Million Bought Deal Private Placement Financing to “HODL” Our Bitcoin Production and Expand Green Mining Footprint

Retrieved on: 
Thursday, December 28, 2023

VANCOUVER, British Columbia, Dec. 28, 2023 (GLOBE NEWSWIRE) -- HIVE Digital Technologies Ltd. (TSX.V:HIVE) (Nasdaq:HIVE) (FSE:YO0.F) (the “Company” or “HIVE”) a leading digital asset miner and “green” focused data center builder and operator is pleased to announce that it has closed the previously announced bought-deal private placement (the “Offering”) of 5,000,000 special warrants (“Special Warrants”) at a price of CAD$5.00 per Special Warrant for aggregate gross proceeds to the Company of CAD$25,000,000, with Stifel Canada. and Canaccord Genuity Corp., acting as co-lead underwriters and joint bookrunners (together, the “Underwriters”).

Key Points: 
  • and Canaccord Genuity Corp., acting as co-lead underwriters and joint bookrunners (together, the “Underwriters”).
  • As a result, the Offering consisted of the sale of an aggregate 5,750,000 Special Warrants for aggregate gross proceeds of CAD$28,750,000.
  • The completion of the Offering will be subject to receipt of all necessary regulatory and corporate approvals or consents.
  • This press release does not constitute an offer to sell or a solicitation to buy any securities in any jurisdiction.

HEALWELL AI Provides Update on Short Form Prospectus Offering

Retrieved on: 
Saturday, December 16, 2023

TORONTO, Dec. 15, 2023 (GLOBE NEWSWIRE) -- HEALWELL AI Inc. (“HEALWELL” or the “Company”) (TSX: AIDX) (OTCQX: HWAIF), a data science and AI company focused on preventative care, announces that, further to customary review by the Ontario Securities Commission (the "OSC") of the Company's continuous disclosure in connection with the Company’s short form prospectus offering, OSC staff has requested that the Company file the strategic alliance agreement dated October 1, 2023 (the “Strategic Alliance Agreement”) between the Company and WELL Health Technologies Corp. (“WELL”) as a material contract of the Company. In addition, the Company is pleased to announce that MCI Medical Clinics Inc. (“MCI Medical Clinics”) and WELL have agreed to extend the maturity date of MCI Medical Clinics’ credit facility until April 30, 2025.

Key Points: 
  • In addition, the Company is pleased to announce that MCI Medical Clinics Inc. (“MCI Medical Clinics”) and WELL have agreed to extend the maturity date of MCI Medical Clinics’ credit facility until April 30, 2025.
  • The Company and WELL may also enter into one or more technology licensing agreements in respect of certain healthcare technologies and services developed or acquired by the Company from time to time.
  • The Strategic Alliance Agreement is effective as of October 1, 2023 and will continue until it is terminated mutually by the parties or otherwise in accordance with its terms.
  • A copy of the Amending Agreement has been filed under the Company’s SEDAR+ profile at www.sedarplus.com .

Celestica Announces TSX Acceptance of Normal Course Issuer Bid

Retrieved on: 
Tuesday, December 12, 2023

TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Celestica Inc. (NYSE: CLS) (TSX: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced that the Toronto Stock Exchange (the “TSX”) has accepted the Company's notice to launch a Normal Course Issuer Bid (the “Bid”).

Key Points: 
  • TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Celestica Inc. (NYSE: CLS) (TSX: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced that the Toronto Stock Exchange (the “TSX”) has accepted the Company's notice to launch a Normal Course Issuer Bid (the “Bid”).
  • Under the TSX rules, the average daily trading volume of the subordinate voting shares on the TSX during the six months ended November 30, 2023 was approximately 367,542 and, accordingly, daily purchases on the TSX pursuant to the Bid will be limited to 91,885 subordinate voting shares, other than purchases made pursuant to the block purchase exception.
  • The Bid will be funded using existing cash resources and draws on its credit facility, and any subordinate voting shares repurchased by the Company under the Bid will be cancelled.
  • The Company previously implemented a normal course issuer bid for its subordinate voting shares which expires on December 12, 2023.

OSC investor warnings and alerts for November 28-December 19, 2023

Retrieved on: 
Tuesday, December 19, 2023

TORONTO, Dec. 19, 2023 /CNW/ - The Ontario Securities Commission (OSC) is warning Ontario investors that the following companies are not registered to deal or advise in securities in Ontario:

Key Points: 

TORONTO, Dec. 19, 2023 /CNW/ - The Ontario Securities Commission (OSC) is warning Ontario investors that the following companies are not registered to deal or advise in securities in Ontario:

CI Financial Announces Exemptive Relief from the Ontario Securities Commission in Substantial Issuer Bid

Retrieved on: 
Wednesday, November 29, 2023

CI Financial Corp. (TSX: CIX) (“CI Financial” or the “Corporation”) announced today that, in connection with the Corporation’s ongoing substantial issuer bid (the “Offer”), the Ontario Securities Commission has granted an exemptive relief order permitting CI Financial to extend the Offer, if it determines to do so in circumstances where the Offer is undersubscribed, without first taking up any common shares (the “Shares”) previously deposited to the Offer.

Key Points: 
  • CI Financial Corp. (TSX: CIX) (“CI Financial” or the “Corporation”) announced today that, in connection with the Corporation’s ongoing substantial issuer bid (the “Offer”), the Ontario Securities Commission has granted an exemptive relief order permitting CI Financial to extend the Offer, if it determines to do so in circumstances where the Offer is undersubscribed, without first taking up any common shares (the “Shares”) previously deposited to the Offer.
  • The relief relates to the “modified Dutch auction” format of the Offer.
  • This press release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell Shares.
  • The solicitation and the offer to buy Shares will only be made pursuant to the Offer Documents.

Canada Goose Announces Renewal of Normal Course Issuer Bid

Retrieved on: 
Friday, November 17, 2023

Canada Goose Holdings Inc. (the ”Company” or “Canada Goose”) (NYSE, TSX: GOOS) today announced that the Toronto Stock Exchange (“TSX”) has approved the renewal of its normal course issuer bid (the “NCIB”).

Key Points: 
  • Canada Goose Holdings Inc. (the ”Company” or “Canada Goose”) (NYSE, TSX: GOOS) today announced that the Toronto Stock Exchange (“TSX”) has approved the renewal of its normal course issuer bid (the “NCIB”).
  • The NCIB as renewed provides for the purchase for cancellation of up to 4,980,505 subordinate voting shares of Canada Goose over the twelve-month period commencing on November 22, 2023 and ending no later than November 21, 2024.
  • Canada Goose currently believes that the purchase of the Company’s subordinate voting shares under the NCIB is an appropriate and desirable use of available excess cash on hand, as part of its broader capital allocation strategy.
  • Purchases made under an issuer bid exemption order will be at a discount to the prevailing market price as per the terms of the order.

Cybin Announces Closing of Offering of Units Led by One of the Company’s Largest Institutional Shareholders

Retrieved on: 
Tuesday, November 14, 2023

In connection with the Offering, the Company issued an aggregate of 66,666,667 units of the Company (the “Units”) at a price of US$0.45 per Unit for aggregate gross proceeds of US$30 million.

Key Points: 
  • In connection with the Offering, the Company issued an aggregate of 66,666,667 units of the Company (the “Units”) at a price of US$0.45 per Unit for aggregate gross proceeds of US$30 million.
  • Each Unit is comprised of one common share in the capital of the Company (a “Common Share”) and one Common Share purchase warrant (a “Warrant”).
  • With the current financing, led by one of the Company’s largest institutional shareholders, and a combination of the Company's current cash position, current at-the-market offering and assuming exercise in full of the Warrants issued as part of the Units, the Company has access to over US$100 million.
  • A.G.P./Alliance Global Partners acted as the sole book-running manager for the Offering.