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Zacatecas Silver Announces $15MM Subscription Receipt Offering

Retrieved on: 
Monday, February 28, 2022

TORONTO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Zacatecas Silver Corp. (“Zacatecas Silver” or the “Company”) (TSXV: ZAC; OTC: ZCTSF) is pleased to announce that it has entered into an agreement with Clarus Securities Inc. as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the “Agents”), whereby the Agents will raise up to $15,000,700 (the “Offering”) through an Offering of up to 13,637,000 subscription receipts of the Company (the “Subscription Receipts”) to be priced at $1.10 per Subscription Receipt. Each Subscription Receipt is convertible into one Unit of the Company (each, a “Unit”) upon the completion of certain Escrow Release Conditions (as defined below). Each Unit will consist of one Common Share (each, a “Common Share”) and one half of one Common Share purchase warrant (each full warrant, a “Warrant”). Each Warrant shall entitle the holder thereof to purchase one Common Share at a price of $1.50 per Common Share for a period of 24 months following the Closing date. The Offering is expected to close on or about March 22, 2022 (the “Closing Date”).

Key Points: 
  • TORONTO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Zacatecas Silver Corp. (Zacatecas Silver or the Company) (TSXV: ZAC; OTC: ZCTSF) is pleased to announce that it has entered into an agreement with Clarus Securities Inc. as lead agent and sole bookrunner on behalf of a syndicate of agents (collectively, the Agents), whereby the Agents will raise up to $15,000,700 (the Offering) through an Offering of up to 13,637,000 subscription receipts of the Company (the Subscription Receipts) to be priced at $1.10 per Subscription Receipt.
  • The Zacatecas Silver property is located in Zacatecas State, Mexico, within the highly prospective Fresnillo Silver Belt, which has produced over 6.2 billion ounces of silver.
  • The property shares common boundaries with Pan American Silver Corp. claims and El Orito which is owned by Endeavour Silver.
  • Except as required under applicable securities legislation, Zacatecas Silver does not undertake to publicly update or revise forward-looking information.

Reltime DeFi Ecosystem is shaking things up with a switch to PoA based blockchain network, a first in its sector and is en route to change Decentralized Finance for the better

Retrieved on: 
Thursday, January 20, 2022

Once logged in, the lender would have access to view the listed assets and their data.

Key Points: 
  • Once logged in, the lender would have access to view the listed assets and their data.
  • They will select the support they want to lend on the platform and set an interest rate.
  • Reltime uses blockchain technology to create a financial services ecosystem that offers minimal barrier-to-entry for its users.
  • Frode van der Laak is the CEO, Founder and inventor of the PoA and the Ecosystem of Reltime.

Radio Fuels Announces Receipt of Conditional Approval from the Canadian Securities Exchange and Conversion of Subscription Receipts

Retrieved on: 
Wednesday, December 15, 2021

Each Subscription Receipt was automatically converted into one unit (a "Unit") of the Company, and the Escrowed Proceeds of $25,495,570.20, inclusive of accrued interest, were released to the Company.

Key Points: 
  • Each Subscription Receipt was automatically converted into one unit (a "Unit") of the Company, and the Escrowed Proceeds of $25,495,570.20, inclusive of accrued interest, were released to the Company.
  • In addition, Canaccord Genuity Corp. received 100,000 Subscription Receipts as consideration for its services as financial advisor.
  • The securities issued pursuant to upon conversion of the Subscription Receipts are subject to a hold period of four months plus a day from the date the Subscription Receipts were issued, being February 5, 2022, and the resale rules of applicable securities legislation.
  • The information provides an indication of the exploration potential of the Property but may not be representative of expected results.

Orletto Capital II Inc. And Charbone Corporation Announce $6,000,000 Concurrent Financing to Proposed Qualifying Transaction

Retrieved on: 
Friday, October 22, 2021

The Concurrent Financing will be completed in anticipation of the proposed three-cornered amalgamation between Orletto, Orlettos wholly owned subsidiary and Charbone (the Resulting Issuer), which once completed, will constitute Orlettos qualifying transaction (theQualifying Transaction).

Key Points: 
  • The Concurrent Financing will be completed in anticipation of the proposed three-cornered amalgamation between Orletto, Orlettos wholly owned subsidiary and Charbone (the Resulting Issuer), which once completed, will constitute Orlettos qualifying transaction (theQualifying Transaction).
  • The Qualifying Transaction is subject to parties entering into definitive agreements with respect to the Qualifying Transaction on or before December 31, 2021, or such other date to which Charbone and Orletto may mutually agree.
  • Immediately prior to the completion of the Qualifying Transaction, all the convertible debentures and the Subscription Receipts will have been converted in units of Charbone.
  • Orletto and Charbone are continuing to negotiate the terms of the definitive agreements with respect to the Qualifying Transaction.

Mainstream Announces Closing of Private Placement

Retrieved on: 
Tuesday, October 5, 2021

The net proceeds of the Offering will be used for general corporate purposes.

Key Points: 
  • The net proceeds of the Offering will be used for general corporate purposes.
  • In addition, the Company paid certain eligible persons advisory fees in the aggregate of $460,050 and were issued an aggregate of 1,133,857 Broker Warrants.
  • In addition, in connection with the Offering the Company engaged Canaccord Genuity Corp. ("Canaccord") to act as its financial advisor for the Offering.
  • As consideration for their services, the Company paid Canaccord an advisory fee of $40,000 satisfied through the issuance of 100,00 Subscription Receipts.

Playground Ventures Announces Acquisition of Countervail Games Inc.

Retrieved on: 
Saturday, October 2, 2021

In partnership with a high-profile game developer in the action sports genre, Countervail owns an exclusive mobile game project licensed with the largest online skateboarding community in the world.

Key Points: 
  • In partnership with a high-profile game developer in the action sports genre, Countervail owns an exclusive mobile game project licensed with the largest online skateboarding community in the world.
  • Accordingly, pursuant to MI 61-101, the Countervail Acquisition was subject to the minority shareholder approval and the formal valuation requirements of MI 61-101.
  • At the Company's annual and special shareholder meeting held on July 14, 2021, the Company received the approval of the disinterested shareholders to authorize the Countervail Acquisition.
  • Pursuant to the minority shareholder approval requirements of MI 61-101, the votes attached to Common Shares held by the insider were excluded from voting on the Countervail Acquisition.

RDARS Announces up to $3.5 Million Private Placement Offering of Subscription Receipts

Retrieved on: 
Thursday, September 23, 2021

The net proceeds of the Offering will be used to expand the Company's existing operations, for business development and general working capital purposes.

Key Points: 
  • The net proceeds of the Offering will be used to expand the Company's existing operations, for business development and general working capital purposes.
  • Upon the occurrence of the Termination Time, the Subscription Receipts will only represent the holder's right to receive payment of such amount from the Subscription Receipt Agent.
  • The date on which the last of the decision document and/or receipts is issued for the Prospectus is hereby referred to as the "Clearance Date".
  • RDARS is focused on the development and sale of its proprietary autonomous drone technology solution for the residential and small commercial security space.

Mainstream Share Purchase Agreement with Radio Fuels

Retrieved on: 
Tuesday, September 14, 2021

Toronto, Ontario--(Newsfile Corp. - September 14, 2021) - Mainstream Minerals Corporation (the "Company") is pleased to announce that it has entered into a share purchase agreement dated September 14, 2021 (the "Share Purchase Agreement"), with Radio Fuels Resources Corp. ("Radio Fuels") and the shareholders of Radio Fuels (collectively, the "Vendors"), pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of Radio Fuels (the "Transaction").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - September 14, 2021) - Mainstream Minerals Corporation (the "Company") is pleased to announce that it has entered into a share purchase agreement dated September 14, 2021 (the "Share Purchase Agreement"), with Radio Fuels Resources Corp. ("Radio Fuels") and the shareholders of Radio Fuels (collectively, the "Vendors"), pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of Radio Fuels (the "Transaction").
  • Radio Fuels is a private company formed under the laws of Ontario, whose sole asset is a 100% interest in certain mineral claims and leases located in the Mining District of Sault St. Marie, Ontario (the "Property").
  • The Elliot Lake camp has historically produced more than 270 million pounds of U3O8 from vast, strata-bound deposits.
  • The Units to be issued upon conversion of the Subscription Receipts will be comprised of one common share of the Company (a "Unit Share") and one-half of one whole common share purchase warrant (each whole warrant, a "Warrant").

1269280 B.C. Ltd Announces Closing of Concurrent Financing

Retrieved on: 
Thursday, August 12, 2021

Vancouver, British Columbia--(Newsfile Corp. - August 12, 2021) - Allied Copper Corp. (TSXV: CPR) (OTCQB: CPRRF) ("Allied Copper") and 1269280 B.C.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - August 12, 2021) - Allied Copper Corp. (TSXV: CPR) (OTCQB: CPRRF) ("Allied Copper") and 1269280 B.C.
  • The Unit Shares and Warrants issued upon conversion of the Subscription Receipts will not be subject to resale restrictions.
  • There can be no assurance that the contemplated transaction or the Offering will be completed as proposed or at all.
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U.S.
    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/93024

 Rockshield Completes Agribusiness, Foodtech & Plant-Based Investments, Forecasts $60,000,000 2021 Revenue

Retrieved on: 
Tuesday, August 3, 2021

The Lender has been issued 1,000,000 purchase warrants with a $0.58 strike price and 500,000 Rockshield Shares subject to a 6-month contractual escrow period upon close.

Key Points: 
  • The Lender has been issued 1,000,000 purchase warrants with a $0.58 strike price and 500,000 Rockshield Shares subject to a 6-month contractual escrow period upon close.
  • We look forward to building our relationship with the Lender for further acquisitions in the near future, continued Demare.
  • Rockshield has appointed Marc Aneed, an award-winning natural/wellness consumer products executive with a 20-year career in consumer packaged goods (CPG), as President and Director of Rockshield.
  • Rockshield is an investment company primarily focused on high-growth companies in the agribusiness, foodtech, plant-based and ESG (environmental, social and governance) sectors.