Convertible bond

Koios Beverage Corp. Amends Convertible Debenture

Retrieved on: 
Friday, March 11, 2022

Koios has relationships with some of the largest and most reputable distributors in the United States, including Europa Sports, Muscle Foods USA, KeHE, and Wishing-U-Well.

Key Points: 
  • Koios has relationships with some of the largest and most reputable distributors in the United States, including Europa Sports, Muscle Foods USA, KeHE, and Wishing-U-Well.
  • Koios uses a proprietary blend of nootropics and natural organic compounds to enhance human productivity without using harmful chemicals or stimulants.
  • Koios products have been shown to enhance focus, concentration, mental capacity, memory retention, cognitive function, alertness, brain capacity and create all day mental clarity.
  • Forward-looking information in this news release includes statements regarding: Statements pertaining to the conversion of the Convertible Debenture.

/R E P E A T -- Halo Collective Enters into Subscription Agreement for Convertible Debentures/

Retrieved on: 
Tuesday, March 8, 2022

"Halo intends to open three marquee dispensaries in Los Angeles which will further augment the Company's valuation.

Key Points: 
  • "Halo intends to open three marquee dispensaries in Los Angeles which will further augment the Company's valuation.
  • We are excited to be Halo's financial partner to help increase value for all stakeholders", said Amine Nedjai, ABO's CEO.
  • The Subscription Agreement provides for the issuance of up to 24 Convertible Debentures with an aggregate principal amount of up to $65.0 million (including the Debenture Commitment Fee (as defined below)).
  • Further information regarding the financing can be found in the Subscription Agreement, which will be posted to Halo's SEDAR profile on www.sedar.com .

Halo Collective Enters into Subscription Agreement for Convertible Debentures

Retrieved on: 
Tuesday, March 8, 2022

Capital Will Strengthen Halo's Balance Sheet to Accelerate U.S. West Coast Expansion Strategy

Key Points: 
  • Capital Will Strengthen Halo's Balance Sheet to Accelerate U.S. West Coast Expansion Strategy
    TORONTO, March 8, 2022 /PRNewswire/ - Halo Collective Inc. ("Halo" or the "Company") (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announced that it has entered into a subscription agreement (the "Subscription Agreement") with Global Tech Opportunities 6 (the "Subscriber"), that provides for the issuance of convertible debentures (each, a "Convertible Debenture").
  • Halo is expecting that approximately $15-20 million principal amount of Convertible Debentures will be issued pursuant to the Subscription Agreement through the balance of 2022 to fulfill the Company's business plan, including the opening of Halo's three planned dispensaries in the Los Angeles area.
  • The Subscription Agreement provides for the issuance of up to 24 Convertible Debentures with an aggregate principal amount of up to $65.0 million (including the Debenture Commitment Fee (as defined below)).
  • In connection with the Subscription Agreement, the Company has agreed to pay the Subscriber a commitment fee of $5.0 million (the "Debenture Commitment Fee"), which amount will be added in instalments of $2.5 million to the principal amount of the first two Convertible Debentures issued pursuant to the Subscription Agreement.

DGAP-News: CPI PROPERTY GROUP - ANTICIPATORY MANDATORY TAKEOVER OFFER

Retrieved on: 
Thursday, February 24, 2022

SHAREHOLDERS OF IMMOFINANZ AG WHOSE SEAT, PLACE OF RESIDENCE OR HABITUAL ABODE IS OUTSIDE THE REPUBLIC OF AUSTRIA SHOULD NOTE THE INFORMATION SET FORTH IN SECTION 7.4 OF THE OFFER DOCUMENT.

Key Points: 
  • SHAREHOLDERS OF IMMOFINANZ AG WHOSE SEAT, PLACE OF RESIDENCE OR HABITUAL ABODE IS OUTSIDE THE REPUBLIC OF AUSTRIA SHOULD NOTE THE INFORMATION SET FORTH IN SECTION 7.4 OF THE OFFER DOCUMENT.
  • of the Austrian Takeover Act (bernahmegesetz)
    by CPI PROPERTY GROUP S.A.
    pursuant to Sections 22 et seqq.
  • Until the end of the Acceptance Period, 7,125,335 IMMOFINANZ Shares have been tendered for sale into the Offer.
  • The Offer will be settled in accordance with section 5. of the offer document.

Golar LNG Limited preliminary fourth quarter and financial year 2021 results

Retrieved on: 
Thursday, February 24, 2022

Total overproduction revenues for 2021 amount to $3.2 million and Golar received payment for this in Q1 2022.

Key Points: 
  • Total overproduction revenues for 2021 amount to $3.2 million and Golar received payment for this in Q1 2022.
  • Indicative proforma results of the shipping segment, as at December 31, 2021 without the 8 TFDE1 LNG carriers is outlined in Appendix B.
  • interest)
    (3) Based on values as of December 31, 2021 for NFE and Avenir and Golar 31% share of CoolCo at formation.
  • These non-GAAP financial measures should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP, and the financial results calculated in accordance with GAAP.

AVANTE LOGIXX RECEIVES NOTICES OF CONVERSION OF CONVERTIBLE DEBENTURES

Retrieved on: 
Thursday, February 17, 2022

TORONTO, Ontario, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Avante Logixx Inc. (TSX.V: XX) (OTC: ALXXF) (“Avante” or the “Company”) announced today that it has received conversion notices with respect to the 7% Convertible Unsecured Debentures due November 27, 2024 (the “Convertible Debentures”), issued on November 27, 2019 from each of: (i) Allied World Insurance Company (“Allied”) in the principal amount of $6,198,000, and (ii) Northbridge General Insurance Company (“Northbridge”) in the principal amount of $2,066,000, comprising all of the outstanding Convertible Debentures. Allied and Northbridge are subsidiaries of Fairfax Financial Holdings Limited.

Key Points: 
  • Pursuant to the terms of the Convertible Debenture, the Company will issue an aggregate of 3,973,077 common shares to Allied and an aggregate of 1,324,359 common shares to Northbridge, each at a conversion price of $1.56.
  • Following the conversion, Allied and Northbridge will collectively hold 5,297,436 common shares, representing approximately 19.998% of the Company's issued and outstanding common shares.
  • Avante Logixx Inc. (TSXV: XX) is a Toronto based provider of high-end security services.
  • We acquire, manage and build industry leading businesses which provide specialized, mission-critical solutions that address the needs of our customers.

Steppe Gold President and CEO Announces Filing of Early Warning Report

Retrieved on: 
Wednesday, February 16, 2022

ULAANBAATAR, Mongolia, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Mr. Bataa Tumur-Ochir (Mr. Tumur-Ochir), the President and CEO of Steppe Gold Ltd. (the Corporation) announces that on January 27, 2022, the Corporation, Mr. Tumur-Ochir and the Development Bank of Mongolia (DBM) entered into a form of transfer (the Transfer Agreement).

Key Points: 
  • ULAANBAATAR, Mongolia, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Mr. Bataa Tumur-Ochir (Mr. Tumur-Ochir), the President and CEO of Steppe Gold Ltd. (the Corporation) announces that on January 27, 2022, the Corporation, Mr. Tumur-Ochir and the Development Bank of Mongolia (DBM) entered into a form of transfer (the Transfer Agreement).
  • Prior to entering into the Transfer Agreement, Mr. Tumur-Ochir held 6,003,859 Shares, representing approximately 8.70% of the issued and outstanding Shares on an undiluted basis.
  • The Convertible Debenture purchased by Mr. TumurOchir are held to further his commitment to the Corporation and may be exercised at his discretion.
  • Mr. TumurOchir has no current intention to increase his beneficial ownership of, or control or direction over, securities of the Corporation.

Glencore Enters Into Subscription Agreement for Unsecured Convertible Debentures of PolyMet

Retrieved on: 
Monday, February 14, 2022

BAAR, Switzerland, Feb. 14, 2022 (GLOBE NEWSWIRE) -- On February 14, 2022, Glencore AG, a wholly-owned subsidiary of Glencore plc (together “Glencore”) entered into a subscription agreement (the “Subscription Agreement”) with PolyMet Mining Corp. and its wholly-owned subsidiary Poly Met Mining, Inc. (together “PolyMet” or the “company”) providing for the issuance of unsecured convertible debentures (the “2022 Convertible Debentures”) of up to USD$40 million or C$51 million (based upon the daily rate of exchange published by the Bank of Canada on February 11, 2022 of US$1 = C$1.2702).

Key Points: 
  • At the option of Glencore, the 2022 Convertible Debentures are convertible into common shares (Common Shares) of PolyMet Mining Corp. at any time after their issuance and prior to their maturity at the conversion price described below.
  • In addition, as consideration of Glencore agreeing to subscribe for the 2022 Convertible Debentures, PolyMet has agreed to pay Glencore a facility fee of 5% of the principal amount of each 2022 Convertible Debenture and accrued and unpaid interest.
  • Glencore holds convertible debentures (the $30,000,000 Convertible Debentures, and together with the 2022 Convertible Debentures and the $10,000,000 Convertible Debenture, the Convertible Debentures) in the aggregate principal amount of US$30,000,000.
  • Glencore also holds the 2019 Warrant, the $10,000,000 Convertible Debenture and the $30,000,000 Convertible Debentures, which will result in a total of 17,945,976 Common Shares being issuable to Glencore upon exercise of the 2019 Warrant and conversion of the $10,000,000 Convertible Debenture and the $30,000,000 Convertible Debentures.

DGAP-News: CPI PROPERTY GROUP - Approval and Publication of the Offer Document for the Anticipatory Mandatory Takeover Offer for IMMOFINANZ AG

Retrieved on: 
Wednesday, January 12, 2022

Further to its announcement of 3 December 2021 ("Cash Offer for IMMOFINANZ"), CPI PROPERTY GROUP ("CPIPG" or the "Group") is pleased to inform that the offer document in relation to the anticipatory mandatory takeover offer (the "Offer") for holders of securities of IMMOFINANZ AG ("IMMOFINANZ") has been approved by the Austrian Takeover Commission (the "ATC") and is published today.

Key Points: 
  • Further to its announcement of 3 December 2021 ("Cash Offer for IMMOFINANZ"), CPI PROPERTY GROUP ("CPIPG" or the "Group") is pleased to inform that the offer document in relation to the anticipatory mandatory takeover offer (the "Offer") for holders of securities of IMMOFINANZ AG ("IMMOFINANZ") has been approved by the Austrian Takeover Commission (the "ATC") and is published today.
  • The Offer is subject to clearances by the competent competition authorities, as further specified in the offer document.
  • CPIPG's Offer is a competing offer to the voluntary partial takeover offer published by S IMMO AG on 23 December 2021.
  • Thus, the acceptance period under S IMMO AG's offer is extended by law until the expiry of the initial acceptance period of the Offer.

Bunker Hill Announces $50 Million Project Finance Package, Mine Purchase, and US EPA Settlement Agreement Amendment

Retrieved on: 
Monday, December 20, 2021

TORONTO, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the “Company”) (CSE: BNKR; OTCQB: BHLL) is pleased to announce the achievement of its key short-term objectives, including the execution of a non-binding term sheet outlining a $50 million non-dilutive project finance package, the purchase of the Bunker Hill Mine, and the execution of a settlement agreement amendment with the US Environmental Protection Agency (“US EPA” or “EPA”). All figures in this news release are in US dollars unless otherwise stated.

Key Points: 
  • Together with the purchase of the mine and an amended settlement agreement with the EPA, a rapid restart of the prolific Bunker Hill Mine is now clearly within sight.
  • The package consists of an $8 million Royalty Convertible Debenture, a $5 million Convertible Debenture, and a multi-metals Stream of up to $37 million.
  • These proceeds will fund the purchase of the Bunker Hill Mine and near-term working capital requirements, including a $2 million payment to the EPAin January 2022 (see EPA Settlement Agreement Amendment section below).
  • The new payment schedule includes a $2 million payment to US EPA within 30 days of execution of this amendment.