Par value

Alamos Gold Announces Friendly Acquisition of Argonaut Gold

Retrieved on: 
Wednesday, March 27, 2024

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (“Alamos”) (TSX:AGI; NYSE:AGI) and Argonaut Gold Inc. (“Argonaut”) (TSX:AR) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) whereby Alamos will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement (the “Transaction”).

Key Points: 
  • TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (“Alamos”) (TSX:AGI; NYSE:AGI) and Argonaut Gold Inc. (“Argonaut”) (TSX:AR) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) whereby Alamos will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement (the “Transaction”).
  • As part of the Transaction, Alamos will acquire Argonaut’s Magino mine, located adjacent to its Island Gold mine in Ontario, Canada.
  • Under the terms of the Agreement, each Argonaut common share outstanding will be exchanged for 0.0185 Alamos common shares and 1 share of SpinCo2 (the “Exchange Ratio”).
  • Upon completion of the Transaction, existing Alamos and Argonaut shareholders will own approximately 95% and 5% of the pro forma company, respectively.

Premier American Uranium Bolsters Its Leadership in the Industry with the Acquisition of American Future Fuel and Welcomes Renowned Uranium Expert Colin Healey as CEO

Retrieved on: 
Wednesday, March 20, 2024

PUR is also pleased to announce the appointment of Colin Healey as Chief Executive Officer, effective immediately.

Key Points: 
  • PUR is also pleased to announce the appointment of Colin Healey as Chief Executive Officer, effective immediately.
  • Under the terms of the Arrangement, shareholders of American Future Fuel (“AMPS Shareholders”) will receive 0.170 of a common share of Premier American Uranium (each whole share, a “PUR Share”) for each AMPS Share held (the “Exchange Ratio”).
  • Existing shareholders of Premier American Uranium and American Future Fuel will own approximately 64.2% and 35.8% (on a basic basis), respectively, of the pro forma outstanding PUR Shares on closing of the Arrangement.
  • To view a summary of today’s news release delivered by Tim Rotolo, Chairman of PUR, Colin Healey, CEO of PUR and David Suda, CEO of AMPS, click here .

Premier American Uranium Bolsters Its Leadership in the Industry with the Acquisition of American Future Fuel and Welcomes Renowned Uranium Expert Colin Healey as CEO

Retrieved on: 
Wednesday, March 20, 2024

PUR is also pleased to announce the appointment of Colin Healey as Chief Executive Officer, effective immediately.

Key Points: 
  • PUR is also pleased to announce the appointment of Colin Healey as Chief Executive Officer, effective immediately.
  • Under the terms of the Arrangement, shareholders of American Future Fuel (“AMPS Shareholders”) will receive 0.170 of a common share of Premier American Uranium (each whole share, a “PUR Share”) for each AMPS Share held (the “Exchange Ratio”).
  • Existing shareholders of Premier American Uranium and American Future Fuel will own approximately 64.2% and 35.8% (on a basic basis), respectively, of the pro forma outstanding PUR Shares on closing of the Arrangement.
  • To view a summary of today’s news release delivered by Tim Rotolo, Chairman of PUR, Colin Healey, CEO of PUR and David Suda, CEO of AMPS, click here .

ScrubaDub Wins USA Today Top Workplaces Award for 2024

Retrieved on: 
Wednesday, March 20, 2024

NATICK, Mass., March 20, 2024 /PRNewswire/ -- ScrubaDub Auto Wash Centers, New England's leading car wash company since 1966, proudly announces it has been named a 2024 Top Workplace by USA Today and Energage.

Key Points: 
  • NATICK, Mass., March 20, 2024 /PRNewswire/ -- ScrubaDub Auto Wash Centers, New England's leading car wash company since 1966, proudly announces it has been named a 2024 Top Workplace by USA Today and Energage.
  • With a 15-year history of surveying over 20 million employees, the Top Workplaces Award recognizes outstanding organizations across 60 markets for regional Top Workplaces awards.
  • "We're excited and humbled to be recognized as a USA Today Top Place To Work!
  • Top Workplaces USA celebrates organizations with 150 or more employees renowned for fostering great cultures.

IMC Announces Potential Reverse Merger with Kadimastem a leading Clinical cell therapy company

Retrieved on: 
Wednesday, February 28, 2024

TORONTO and GLIL YAM, Israel, Feb. 28, 2024 /PRNewswire/ -- IM Cannabis Corp. (CSE: IMCC) (NASDAQ: IMCC) (the "Company" or "IMC"), a leading medical cannabis company with operations in Israel and Germany, is pleased to announce that it has entered into a non-binding term sheet dated February 13, 2024, as amended (the "Term Sheet"), and a Loan Agreement (as defined below) with Holding Company (as defined below), with Israel-based Kadimastem Ltd a clinical cell therapy public company traded on the Tel Aviv Stock Exchange under the symbol (TASE: KDST) ("Kadimastem"), whereby the parties will complete a business combination that will constitute a reverse merger into the Company by Kadimastem (the "Proposed Transaction").

Key Points: 
  • We have been looking for a way to deliver maximum value for our shareholders in the current situation and believe that a reverse merger with Kadimastem will provide this," said Oren Shuster, CEO of IMC.
  • "With its focus on clinical stage cell therapy, and an FDA approval for a Phase IIa clinical trial, we believe that Kadimastem has tremendous potential."
  • The Proposed Transaction will be effected by way of a plan of arrangement involving a newly created wholly-owned subsidiary of IMC and Kadimastem (the "Arrangement").
  • Pursuant to the terms of the Term Sheet, a loan agreement dated February 28, 2024 (the "Loan Agreement") was entered between IMC Holdings Ltd. a wholly-owned subsidiary of IMC (the "Holding Company") and Kadimastem.

PURE Programs Introduces New Solution for High Value Homes Under Construction or Renovation

Retrieved on: 
Tuesday, February 27, 2024

WHITE PLAINS, N.Y., Feb. 27, 2024 /PRNewswire/ -- PURE Programs, LLC , the managing general underwriter dedicated to providing Excess & Surplus (E&S) solutions for PURE members and other responsible, high net worth families, has introduced a new program for high value homes under construction or renovation.

Key Points: 
  • WHITE PLAINS, N.Y., Feb. 27, 2024 /PRNewswire/ -- PURE Programs, LLC , the managing general underwriter dedicated to providing Excess & Surplus (E&S) solutions for PURE members and other responsible, high net worth families, has introduced a new program for high value homes under construction or renovation.
  • "A Resilient Home Advisor will also collaborate with homeowners and builders to ensure homes are well-protected during and after construction."
  • Common challenges that this program addresses:
    Luxury high value construction and renovation projects that do not qualify for comparable coverage with an admitted insurer.
  • If a non-admitted solution is required due to the home's risk characteristics, PURE Programs will seek to create a solution.

17 million South Africans live on communal land – new study of a rural valley offers insights on how to manage it

Retrieved on: 
Tuesday, February 13, 2024

The valley is typical of South Africa’s communal land: affected by soil erosion, bush encroachment and water scarcity.

Key Points: 
  • The valley is typical of South Africa’s communal land: affected by soil erosion, bush encroachment and water scarcity.
  • About one third (over 17 million) of South Africa’s population lives on communal land, which makes up around 13% of all land in the country.
  • The Communal Land Tenure Bill, 2017 defines communal land as “owned, occupied or used by members of a community subject to shared rules or norms and customs”.
  • In South Africa, communal land is considered to be more degraded than privately owned land.
  • This offered a more complete view of communal land change, and valuable insights on its impacts.

Satellite imagery and community perceptions

  • Our study set out to discover whether satellite-measured trends of land use and land cover corresponded with those perceived by the community.
  • Satellite imagery from 1989 to 2019 revealed increases of the sweet thorn tree (Vachellia karroo) by 25% and the residential area (2.5%).
  • Most respondents (over 80%) noted the encroachment of the sweet thorn tree on grazing land and abandoned cropland.
  • The community perceived that water resources had declined because of overuse and poor maintenance of dams.
  • They said the government no longer desilted community dams, and that the community had abandoned traditional practices such as the maintenance of surface water channels and homestead ponds.

Better land management

  • The land can be better managed through interventions by village committees, tribal authorities and extension services, and by following spatial planning and land use guidelines.
  • This study shows that the combination of satellite imagery and local perceptions provides valuable insights about the extent, causes and impacts of land change in communal areas.


Wonga Masiza receives funding from Agricultural Research Council.

Canadian Large Cap Leaders Split Corp. Announces Exchange Ratios

Retrieved on: 
Thursday, February 8, 2024

TORONTO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”), on behalf of Canadian Large Cap Leaders Split Corp. (the “Company”), is pleased to announce the exchange ratios for the exchange offer by the Company (“the “Exchange Option”) being made under the final prospectus of the Company dated January 29, 2024. Ninepoint will act as the manager, portfolio manager and promoter of the Company and will provide all administrative services required by the Company.

Key Points: 
  • TORONTO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”), on behalf of Canadian Large Cap Leaders Split Corp. (the “Company”), is pleased to announce the exchange ratios for the exchange offer by the Company (“the “Exchange Option”) being made under the final prospectus of the Company dated January 29, 2024.
  • Ninepoint will act as the manager, portfolio manager and promoter of the Company and will provide all administrative services required by the Company.
  • The Exchange Ratio will be adjusted to reflect the $0.01 per Class A Share to be received by prospective purchasers who tendered securities of Exchange Eligible Issuers to the Company for Class A Shares.
  • The Company will not issue fractional shares pursuant to the Exchange Option.

Latitude Uranium Announces Filing and Mailing of the Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Arrangement with ATHA Energy

Retrieved on: 
Tuesday, January 30, 2024

TORONTO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased announce its notice of special meeting of shareholders (the “Meeting”) and management information circular (the “Circular”) are now available on LUR’s website at https://latitudeuranium.com/investors/special-meeting/ as well as under LUR’s profile on SEDAR+ (http://www.sedarplus.ca). LUR has commenced the mailing of the Circular and related materials for the special meeting of LUR’s shareholders (“LUR Shareholders”) on Tuesday, January 30th, 2024.

Key Points: 
  • • The Board of Directors of LUR unanimously recommends that Shareholders vote IN FAVOUR of the Arrangement Resolution.
  • LUR has commenced the mailing of the Circular and related materials for the special meeting of LUR’s shareholders (“LUR Shareholders”) on Tuesday, January 30th, 2024.
  • LUR Shareholders are encouraged to read the Circular and vote your LUR Shares as soon as possible.
  • Under the terms of the Arrangement, LUR Shareholders will receive 0.2769 of an ATHA Share for each LUR Share held.

Golub Capital BDC, Inc. Announces Merger Agreement With Golub Capital BDC 3, Inc.

Retrieved on: 
Wednesday, January 17, 2024

Golub Capital BDC, Inc. (“GBDC,” or the “Company”), a business development company (Nasdaq: GBDC), announced today that it entered into a definitive merger agreement with Golub Capital BDC 3, Inc. (“GBDC 3”), with GBDC as the surviving company, subject to certain stockholder approvals and customary closing conditions.

Key Points: 
  • Golub Capital BDC, Inc. (“GBDC,” or the “Company”), a business development company (Nasdaq: GBDC), announced today that it entered into a definitive merger agreement with Golub Capital BDC 3, Inc. (“GBDC 3”), with GBDC as the surviving company, subject to certain stockholder approvals and customary closing conditions.
  • Under the terms of the proposed merger, stockholders of GBDC 3 will receive newly issued shares of GBDC based on a ratio determined shortly before merger close (the “Exchange Ratio”).
  • Consummation of the proposed merger is subject to GBDC and GBDC 3 stockholder approvals, customary regulatory approvals and other closing conditions.
  • GBDC will hold a conference call to discuss the proposed merger at 11:30 a.m. (Eastern Time) on Wednesday, January 17, 2024.