Rights

NorthWest Copper Announces Closing of Final Tranche of Previously Announced Private Placement

Retrieved on: 
Wednesday, January 24, 2024

VANCOUVER, British Columbia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- NorthWest Copper Corp. (“NorthWest” or “the Company”) (TSX-V: NWST) is pleased to announce the closing of the fourth, and final, tranche of the previously announced Concurrent Private Placement1.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 24, 2024 (GLOBE NEWSWIRE) -- NorthWest Copper Corp. (“NorthWest” or “the Company”) (TSX-V: NWST) is pleased to announce the closing of the fourth, and final, tranche of the previously announced Concurrent Private Placement1.
  • The final tranche of the Concurrent Private Placement consists of 22,051,905 common shares of the Company for gross proceeds of approximately $2,315,450.
  • The Concurrent Private Placement is now closed.
  • In the Concurrent Private Placement, Mr. John Kimmel acquired 14,285,714 common shares for aggregate consideration of $1.5 million.

Pulse Oil Announces Closing of Rights Offering

Retrieved on: 
Tuesday, January 23, 2024

CALGARY, Alberta, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Pulse Oil Corp. (the “Company” or “Pulse”) (TSXV: PUL) reports the completion of the rights offering (the “Rights Offering”) to eligible holders of its common shares (the “Common Shares”), announced in its news release of December 7, 2023.

Key Points: 
  • CALGARY, Alberta, Jan. 23, 2024 (GLOBE NEWSWIRE) -- Pulse Oil Corp. (the “Company” or “Pulse”) (TSXV: PUL) reports the completion of the rights offering (the “Rights Offering”) to eligible holders of its common shares (the “Common Shares”), announced in its news release of December 7, 2023.
  • Pursuant to the Rights Offering, the Company issued a total of 103,910,942 Common Shares, the full amount of the Rights Offering, at a price of $0.04 per Common Share for aggregate gross proceeds of $4,156,437.68.
  • To the knowledge of the Company after reasonable inquiry, no person became an insider of Pulse as a result of the Rights Offering.
  • As of the closing of the Rights Offering, Pulse has 623,465,656 Common Shares issued and outstanding.

GYRODYNE ANNOUNCES RECORD DATE FOR PROPOSED RIGHTS OFFERING

Retrieved on: 
Monday, January 22, 2024

ST. JAMES, N.Y., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Gyrodyne, LLC (“Gyrodyne” or the “Company”) (NASDAQ: GYRO), an owner and manager of a diversified portfolio of real estate properties, today announced that the record date for its proposed rights offering is January 29, 2024 at 5:00 p.m. Eastern Time (the “Record Date”).

Key Points: 
  • ST. JAMES, N.Y., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Gyrodyne, LLC (“Gyrodyne” or the “Company”) (NASDAQ: GYRO), an owner and manager of a diversified portfolio of real estate properties, today announced that the record date for its proposed rights offering is January 29, 2024 at 5:00 p.m. Eastern Time (the “Record Date”).
  • 333-276312) (the “Registration Statement”) with respect to the proposed Rights Offering with the Securities and Exchange Commission (the “SEC”) on December 29, 2023.
  • The rights under the basic subscription privilege will be distributed in proportion to shareholders’ holdings on the Record Date.
  • No Rights Offering will be made until the Company announces the definitive terms of the Rights Offering and the Registration Statement incorporating those terms is declared effective by the SEC.

Western Asset High Income Fund II Inc. Authorizes Rights Offering

Retrieved on: 
Friday, January 19, 2024

Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J-10-2) (“HIX” or the “Fund”) announced today that its Board of Directors has approved a transferable rights offering (the “Offer”).

Key Points: 
  • Western Asset High Income Fund II Inc. (NYSE: HIX) (CUSIP: 95766J-10-2) (“HIX” or the “Fund”) announced today that its Board of Directors has approved a transferable rights offering (the “Offer”).
  • Franklin Templeton Fund Adviser, LLC (formerly known as Legg Mason Partners Fund Advisor, LLC) and Western Asset Management Company, LLC (“Western Asset”), each an indirect wholly-owned subsidiary of Franklin Resources Inc. and the Fund’s investment adviser and subadviser, respectively, believe that the Offer may benefit the Fund and its stockholders in several ways.
  • An increase in Fund assets may also have a positive impact on the Fund’s expense ratio, as fixed costs will be distributed over a larger asset base.
  • The Fund is actively managed, but there is no guarantee that Western Asset’s investment decisions will produce the desired results.

Sinovac Board of Directors Unanimously Rejects an Unsolicited Partial Tender Offer

Retrieved on: 
Thursday, January 18, 2024

Accordingly, the Board of Directors recommends that the Shareholders reject the Tender Offer and not tender their Shares for purchase pursuant to the Offer to Purchase by Alternative Liquidity.

Key Points: 
  • Accordingly, the Board of Directors recommends that the Shareholders reject the Tender Offer and not tender their Shares for purchase pursuant to the Offer to Purchase by Alternative Liquidity.
  • The Tender Offer was reviewed and considered by the Board of Directors, none of whom are affiliated with Alternative Liquidity.
  • The Board of Directors took into account various factors in evaluating the Tender Offer and in support of its recommendation that the Shareholders reject the Tender Offer and not tender their shares in the Tender Offer, including the following.
  • The Board of Directors’ belief in this regard is supported by Alternative Liquidity’s own characterization of the Tender Offer.

Learning for a Lasting Peace: International Day of Education Statement by Education Cannot Wait Executive Director Yasmine Sherif

Retrieved on: 
Wednesday, January 24, 2024

Our world is being torn apart by injustice, oppression, racism, xenophobia, fear, greed and violent means of conflict resolution.

Key Points: 
  • Our world is being torn apart by injustice, oppression, racism, xenophobia, fear, greed and violent means of conflict resolution.
  • No child in Gaza – over 600,000 girls and boys – has access to education.
  • Working across the humanitarian-development-peace nexus, joint programming allows for a holistic education approach to achieve an inclusive, continued quality education in emergencies and protracted crises.
  • Together with all our partners, Education Cannot Wait ( ECW ) has reached over 9 million crisis-affected girls and boys with a quality education in just a few years.

Learning for a Lasting Peace: International Day of Education Statement by Education Cannot Wait Executive Director Yasmine Sherif

Retrieved on: 
Wednesday, January 24, 2024

Our world is being torn apart by injustice, oppression, racism, xenophobia, fear, greed and violent means of conflict resolution.

Key Points: 
  • Our world is being torn apart by injustice, oppression, racism, xenophobia, fear, greed and violent means of conflict resolution.
  • No child in Gaza – over 600,000 girls and boys – has access to education.
  • Working across the humanitarian-development-peace nexus, joint programming allows for a holistic education approach to achieve an inclusive, continued quality education in emergencies and protracted crises.
  • Together with all our partners, Education Cannot Wait ( ECW ) has reached over 9 million crisis-affected girls and boys with a quality education in just a few years.

LivePerson Adopts Tax Benefits Preservation Plan To Protect Valuable Tax Assets

Retrieved on: 
Monday, January 22, 2024

NEW YORK, Jan. 22, 2024 /PRNewswire/ -- LivePerson, Inc. ("LivePerson" or the "Company") (NASDAQ: LPSN), the global leader in enterprise conversations, today announced that its Board of Directors (the "Board") has unanimously adopted a tax benefits preservation plan (the "NOL Plan") designed to help preserve the full availability of the Company's net operating loss carryforwards ("NOLs").

Key Points: 
  • The Company's NOL Plan is similar to NOL Plans adopted by other companies with significant NOL tax assets.
  • LivePerson intends to submit the NOL Plan for stockholder ratification at its 2024 Annual Meeting of Stockholders.
  • The NOL Plan is not designed to prevent any action that the Board determines is in the best interest of all LivePerson stockholders.
  • In connection with its adoption of the NOL Plan, the Board declared a dividend of one "right" under the NOL Plan for each outstanding share of LivePerson common stock.

Minister Boissonnault announces funding to support skills training for Indigenous people

Retrieved on: 
Thursday, January 18, 2024

This project aims to increase the number of Indigenous people in employment or vocational training in communities and urban areas.

Key Points: 
  • This project aims to increase the number of Indigenous people in employment or vocational training in communities and urban areas.
  • SPF projects support partnerships between Indigenous organizations and industry employers to provide targeted skills training for Indigenous people for in-demand jobs at the local, regional and national level.
  • The SPF project-based program is one of two complementary Indigenous labour market programs delivered by Employment and Social Development Canada, the other one being the distinctions-based Indigenous Employment and Skills Training Program.
  • The Skills and Partnership Fund empowers more Indigenous people with the training and resources they need to shape their own career path ."

New School on Alexis Nakota Sioux Nation supports inclusive education for future generations

Retrieved on: 
Wednesday, January 17, 2024

ALEXIS NAKOTA FIRST NATION, TREATY 6 TERRITORY, AB, Jan. 17, 2024 /CNW/ - Today, Chief Tony Alexis and the Council of Alexis Nakota Sioux Nation, along with Patty Hajdu, Minister of Indigenous Services Canada, celebrated the official opening of Chief Aranazhi School for grades 5-12, located on Alexis Nakota First Nation.

Key Points: 
  • ALEXIS NAKOTA FIRST NATION, TREATY 6 TERRITORY, AB, Jan. 17, 2024 /CNW/ - Today, Chief Tony Alexis and the Council of Alexis Nakota Sioux Nation, along with Patty Hajdu, Minister of Indigenous Services Canada, celebrated the official opening of Chief Aranazhi School for grades 5-12, located on Alexis Nakota First Nation.
  • This Alexis Nakota-owned company provides comprehensive construction project management in the Alexis Nakota Sioux Nation, as well as in other Indigenous communities.
  • Alexis Nakota Sioux Nation is leading the way to a more equitable future with several projects at various stages of development:
    In June 2021, Alexis Nakota Sioux Nation acquired 100% ownership of Backwoods Energy Services .
  • It is the largest employer of Alexis Nakota Sioux Nation band members and the primary source of income in the community.