Alberta Securities Commission

ASC issues Interim Order against GRS Hydrogen Solutions Inc. and Albert Cerenzie

Retrieved on: 
Tuesday, December 20, 2022
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CALGARY, AB, Dec. 20, 2022 /CNW/ - The Alberta Securities Commission (ASC) has issued an Interim Order against GRS Hydrogen Solutions Inc. (GRS) and Albert Cerenzie.

Key Points: 
  • CALGARY, AB, Dec. 20, 2022 /CNW/ - The Alberta Securities Commission (ASC) has issued an Interim Order against GRS Hydrogen Solutions Inc. (GRS) and Albert Cerenzie.
  • The Interim Order requires that:
    All trading in or purchasing of GRS securities must cease, with the exception of repurchases or redemptions by GRS of GRS securities held by existing GRS investors.
  • GRS and Cerenzie must cease trading in GRS securities.
  • The panel noted that ASC Staff issued a Notice of Hearing on December 13, 2022 against GRS and Cerenzie as they investigate whether GRS and Cerenzie contravened Alberta securities laws.

Copland Road Capital Corporation Announces Results of Annual General and Special Meeting and Court Approval of Plan of Arrangement

Retrieved on: 
Friday, December 16, 2022
Ontario Securities Commission, Law of the United Kingdom, NEWS, Supreme court, Annual general meeting, CSE, British Columbia Securities Commission, Special, Proceedings of the Human Factors and Ergonomics Society Annual Meeting, Alberta Securities Commission, Remuneration, CRCC, Distribution, Plan, FOR, Holding company, Security (finance), Arrangement

Vancouver, British Columbia--(Newsfile Corp. - December 16, 2022) - Copland Road Capital Corporation (CSE: CRCC) announced today that all resolutions were unanimously passed at its Annual General and Special Meeting of Shareholders (the "Annual Meeting").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - December 16, 2022) - Copland Road Capital Corporation (CSE: CRCC) announced today that all resolutions were unanimously passed at its Annual General and Special Meeting of Shareholders (the "Annual Meeting").
  • Subsequent to the Annual Meeting, the Company received a final order from the Supreme Court of British Columbia on December 13, 2022 approving the Arrangement as particularized in the Management Information Circular dated November 14, 2022 (the "Circular").
  • Copland Road Shareholders will receive Distributed Securities in proportion to their shareholdings in Copland Road and there will be no effective change in such Copland Road Shareholders' existing interests in Copland Road.
  • Following completion of the Plan of Arrangement, Copland Road will continue to carry on its primary business activities as an investment issuer.

Emerald Isle Resources Inc. Announces Closing of Private Placement and Change in Director

Retrieved on: 
Wednesday, December 7, 2022
Emerald, Private placement, NI, Indian stock exchange, Legislation, British Columbia Securities Commission, BCSC, Common, SEDAR, Alberta Securities Commission, ASC, Wilfrid Laurier University, Private, AB, Security (finance), Economics

Prior to the Private Placement, Capital Leasing Investment Corp. did not beneficially own, or exercise control or direction over, any securities of the Company.

Key Points: 
  • Prior to the Private Placement, Capital Leasing Investment Corp. did not beneficially own, or exercise control or direction over, any securities of the Company.
  • For the purposes of NI 62-103, the address of Capital Leasing Investment Corp. is 50 Arbour Estates, N.W, Calgary, AB T36 4E2.
  • In connection with the Private Placement, Enrico Paolone, of Oakville, Ontario acquired 43,148,234 Common Shares and now holds an aggregate of 43,148,234 Common Shares, representing 43.14% of the issued and outstanding Common Shares on a non-diluted basis.
  • Prior to the Private Placement, Mr. Paolone did not beneficially own, or exercise control or direction over, any securities of the Company.

Carbeeza Inc. Announces Private Placement

Retrieved on: 
Saturday, December 17, 2022
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CALGARY, Alberta, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Carbeeza Inc. (formerly HIT Technologies Inc.) ("Carbeeza" or the "Company") (TSX.V:AUTO) is pleased to announce that the Company intends to complete a non-brokered private placement (the "Private Placement") of 15,000,000 to 25,000,000 units of the Company (“Units”) at a price of $0.20 per Unit for gross proceeds of between $3,000,000 and $5,000,000.

Key Points: 
  • CALGARY, Alberta, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Carbeeza Inc. (formerly HIT Technologies Inc.) ("Carbeeza" or the "Company") (TSX.V:AUTO) is pleased to announce that the Company intends to complete a non-brokered private placement (the "Private Placement") of 15,000,000 to 25,000,000 units of the Company (“Units”) at a price of $0.20 per Unit for gross proceeds of between $3,000,000 and $5,000,000.
  • The Company encourages existing shareholders who wish to participate in the Private Placement to contact the Company at the contact details below.
  • Insiders of the Company may subscribe to Units offered under the Private Placement (the "Insiders' Participation") for gross proceeds of up to $2,000,000.
  • The closing of the Private Placement is subject to regulatory approval including but not limited to, the approval of the TSXV.

Paramount Gold Announces the Voting Results of its 2022 Annual General Meeting

Retrieved on: 
Thursday, December 15, 2022
Silver, BLM, Coronavirus, Paramount, Sleeper, News, Economics, Gold, Feasibility study, Metal, Perception, Alberta Securities Commission, FS, Moss Adams, Pandemic, Virus, COVID-19, Holding company, Mining, Road, Frost, Grassy Mountain (Georgia)

About Paramount Gold Nevada Corp.

Key Points: 
  • About Paramount Gold Nevada Corp.
    Paramount Gold Nevada Corp. is a U.S. based precious metals exploration and development company.
  • Paramount holds a 100% interest in four gold projects: Grassy Mountain; Frost; Sleeper and Bald Peak.
  • The Grassy Mountain Gold Project consists of approximately 8,200 acres located on private and BLM land in Malheur County, Oregon.
  • With higher gold prices, Paramount has begun work to update and improve the economics of the Sleeper project.

Paramount Receives Permit to Drill Bald Peak Project in Mineral County, Nevada

Retrieved on: 
Monday, December 5, 2022
Aurora, PZG, Bald Peak, Silver, BLM, Coronavirus, Hecla Mining, NYSE, Paramount, Soil, Sleeper, News, Economics, Gold, Feasibility study, Metal, Perception, Alberta Securities Commission, FS, Geology, Pandemic, Virus, Foot, COVID-19, Uranium, Mining, Road, Frost, Grassy Mountain (Georgia)

WINNEMUCCA, Nev., Dec. 05, 2022 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that it has received the permit from the US Forest Service to drill its Bald Peak Project (“Bald Peak”) in Mineral County, Nevada.

Key Points: 
  • WINNEMUCCA, Nev., Dec. 05, 2022 (GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) (“Paramount” or the “Company”) announced today that it has received the permit from the US Forest Service to drill its Bald Peak Project (“Bald Peak”) in Mineral County, Nevada.
  • With significant gold grades identified at surface, Bald Peak displays similar surface features as Hecla’s Aurora mine.
  • Paramount holds a 100% interest in four gold projects: Grassy Mountain; Frost; Sleeper and Bald Peak.
  • The newly acquired Bald Peak Project in Nevada, consists of approximately 2,260 acres.

CSA adopts changes to the offering memorandum prospectus exemption

Retrieved on: 
Thursday, December 8, 2022
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CALGARY, AB AND VANCOUVER, BC, Dec. 8, 2022 /CNW/ -The Canadian Securities Administrators (CSA) today published changes to the offering memorandum prospectus exemption.

Key Points: 
  • CALGARY, AB AND VANCOUVER, BC, Dec. 8, 2022 /CNW/ -The Canadian Securities Administrators (CSA) today published changes to the offering memorandum prospectus exemption.
  • The offering memorandum prospectus exemption allows an issuer to sell its securities to a wider range of people than typically allowed for private placements.
  • Many issuers using the offering memorandum exemption are issuers that meet these definitions, and some already provide disclosure that will meet the new requirements.
  • "The use of the offering memorandum prospectus exemption has changed over time, and larger issuers with complex structures and business models are using it," said Stan Magidson, CSA Chair and Chair and CEO of the Alberta Securities Commission.

Plan of Operations for the Grassy Mountain Gold Mine in Malheur County Oregon is Deemed Complete by the Federal BLM

Retrieved on: 
Tuesday, November 29, 2022
Aurora, COVID-19, Federal Bureau of Investigation, Paramount, Perception, Environment, Plan, Environmental issues, HDR, Inc., Notice of Intent to Lien, EIS, Alberta Securities Commission, National Environmental Policy Act, Environmental impact statement, Feasibility study, Pandemic, Sleeper, Gold, Metal, BLM, News, NYSE, Mining, Virus, PZG, Record, FS, Coronavirus, Silver, Risk management, Renewable energy, Road, Frost, Grassy Mountain (Georgia)

The EIS culminates in the Record of Decision that sets out the BLMs decision regarding the proposed mining operations.

Key Points: 
  • The EIS culminates in the Record of Decision that sets out the BLMs decision regarding the proposed mining operations.
  • The Grassy Mountain Gold project has been progressing through three levels of permitting to reach a construction decision.
  • The Grassy Mountain Gold Project consists of approximately 8,200 acres located on private and BLM land in Malheur County, Oregon.
  • Frost is comprised of 84 unpatented lode claims covering approximately 1,730 acres located 12 miles southwest of the Companys proposed high-grade, underground Grassy Mountain gold mine in Malheur County, Oregon (Grassy).

ASC finds that Logan Keith Shaw and 1681502 Alberta Ltd. perpetrated a fraud on investors

Retrieved on: 
Monday, November 14, 2022
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CALGARY, AB, Nov. 14, 2022 /CNW/ - The Alberta Securities Commission (ASC) has found that Logan Keith Shaw and 1681502 Alberta Ltd. (1681502) contravened s. 93(b) of the Securities Act (Alberta) by engaging in a course of conduct that they knew perpetrated a fraud on investors.

Key Points: 
  • CALGARY, AB, Nov. 14, 2022 /CNW/ - The Alberta Securities Commission (ASC) has found that Logan Keith Shaw and 1681502 Alberta Ltd. (1681502) contravened s. 93(b) of the Securities Act (Alberta) by engaging in a course of conduct that they knew perpetrated a fraud on investors.
  • Instead, Shaw used approximately $807,780 to purchase a house in Vernon, British Columbia.
  • It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors.
  • As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

Paramount Gold Provides Update on its Upcoming AGM

Retrieved on: 
Thursday, November 10, 2022
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About Paramount Gold Nevada Corp.

Key Points: 
  • About Paramount Gold Nevada Corp.
    Paramount Gold Nevada Corp. is a U.S. based precious metals exploration and development company.
  • Paramount holds a 100% interest in four gold projects: Grassy Mountain; Frost; Sleeper and Bald Peak.
  • The Grassy Mountain Gold Project consists of approximately 8,200 acres located on private and BLM land in Malheur County, Oregon.
  • Except as required by applicable law, Paramount disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this document.