Debenture

WOW! Unlimited Media Inc. Announces Non-Brokered Private Placement of Unsecured Convertible Debentures

Wednesday, October 28, 2020 - 8:36pm

or the Company) (TSX-V: WOW; OTCQX: WOWMF) is pleased to announce a non-brokered private placement offering of unsecured subordinated convertible debentures (the Debentures) for gross proceeds of up to $4,500,000 (the Offering).

Key Points: 
  • or the Company) (TSX-V: WOW; OTCQX: WOWMF) is pleased to announce a non-brokered private placement offering of unsecured subordinated convertible debentures (the Debentures) for gross proceeds of up to $4,500,000 (the Offering).
  • intends to offer up to 4,500 Debentures at an issue price of $1,000 per $1,000 principal amount of Debentures.
  • The investors subscribing for Debentures in the second tranche (the Second Tranche) are expected to include certain holders of the Companys existing convertible debentures which mature on December 14, 2020 (the Existing Debentures).
  • is creating a leading animation-focused entertainment company by producing top-end content and building brands and audiences on engaging media platforms.

IGNITE Announces Closing of Previously Announced Acquisition of CA$25 Million of IGNITE Shares by Its Chairman and CEO

Tuesday, October 27, 2020 - 11:06pm

The acquisition took the form of a purchase of CA$5 million worth of IGNITE Proportionate Voting Shares, and a shares-for-debt transaction whereby CA$20 million worth of convertible debentures of the Company were exchanged for 200,000 Proportionate Voting Shares (collectively, the Transactions).

Key Points: 
  • The acquisition took the form of a purchase of CA$5 million worth of IGNITE Proportionate Voting Shares, and a shares-for-debt transaction whereby CA$20 million worth of convertible debentures of the Company were exchanged for 200,000 Proportionate Voting Shares (collectively, the Transactions).
  • Please see the Companys press release dated October 23, 2020 for additional details on the Transactions.
  • The IGNITE THC product line, which was launched subsequent to the CBD product line, incorporates quality, locally sourced, cannabis products.
  • NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Itasca Closes Previously Announced Capital Raise and Appoints Paul Rivett and Rick Doman to its Board

Thursday, October 22, 2020 - 9:00pm

Concurrently with the closing of the Private Placement, each of Mr. Paul Rivett and Rick Doman were appointed to Itasca's Board.

Key Points: 
  • Concurrently with the closing of the Private Placement, each of Mr. Paul Rivett and Rick Doman were appointed to Itasca's Board.
  • Each Unit is comprised of one Common Share and one Common Share purchase warrant of Itasca (a "Warrant").
  • Each Convertible Debenture is secured, and has a maturity date of two years from the date of issuance.
  • Prior to the purchases pursuant to the Private Placement neither Mr. Rivett nor Mr. Doman beneficially owned or controlled any Common Shares.

Cameco Completes $400 Million Debenture Offering and Announces Redemption of Senior Debentures Due 2022

Wednesday, October 21, 2020 - 4:45pm

The Series H Debentures were offered on an agency basis by a syndicate of agents led by RBC Capital Markets, TD Securities Inc. and CIBC Capital Markets.

Key Points: 
  • The Series H Debentures were offered on an agency basis by a syndicate of agents led by RBC Capital Markets, TD Securities Inc. and CIBC Capital Markets.
  • Cameco also announced today that it has provided to CDS Clearing and Depository Services Inc. (CDS) and CIBC Mellon Trust Company a notice of redemption for the redemption of all of its outstanding 3.75% Senior Unsecured Debentures, Series E due November 14, 2022 (the Series E Debentures), which redemption will be completed on or about November 20, 2020 (the Redemption).
  • Beneficial holders of the Series E Debentures with questions about the Redemption should contact their respective brokerage firm or financial institution, which holds interests in the Series E Debentures on their behalf.
  • This forward-looking information assumes that the Redemption will be successfully effected in accordance with the redemption provisions of the Indenture.

Delta 9 Announces Normal Course Issuer Bid for Common Shares and Convertible Debentures

Tuesday, October 20, 2020 - 11:00pm

The Company will pay the market price at the time of acquisition for any Common Shares and Debentures purchased through the facilities of the TSX.

Key Points: 
  • The Company will pay the market price at the time of acquisition for any Common Shares and Debentures purchased through the facilities of the TSX.
  • All Common Shares and Debentures acquired directly by the Company under the NCIB will be cancelled.
  • The average daily trading volume of the Common Shares and Debentures for the six-month period ended September 30, 2020 was 111,829 Common Shares and 43,000 principal amount of Debentures.
  • The Company sought approval of the NCIB because it believes that, from time to time, the market price of the Common Shares and Debentures may not fully reflect the value of the Common Shares and Debentures.

Cameco Announces $400 Million Debenture Offering by Private Placement and Intention to Redeem Series E Debentures

Friday, October 16, 2020 - 11:14pm

Cameco intends to use the net proceeds of the Offering to redeem, upon closing of the Offering, all of its outstanding 3.75% Senior Unsecured Debentures, Series E due November 14, 2022 (the Series E Debentures).

Key Points: 
  • Cameco intends to use the net proceeds of the Offering to redeem, upon closing of the Offering, all of its outstanding 3.75% Senior Unsecured Debentures, Series E due November 14, 2022 (the Series E Debentures).
  • The Series H Debentures will be direct, unsecured obligations of Cameco and will rank equally and rateably with all other unsecured and unsubordinated indebtedness of Cameco.
  • The Series H Debentures are being offered on a private placement basis in Canada in reliance upon exemptions from the prospectus requirements under applicable securities legislation.
  • Upon closing of the Offering, Cameco will deliver notice to redeem the Series E Debentures in the aggregate principal amount of $400 million (the Redemption).

DGAP-News: PREOS Real Estate AG: further increase of the 7.50 % convertible bond by EUR 40.0 million

Friday, October 16, 2020 - 11:01am

Leipzig, 16.10.2020 - PREOS Real Estate AG (in future: PREOS Global Office Real Estate & Technology AG, "PREOS", ISIN DE000A2LQ850) has increased its 7.50% convertible bond (2019/2024, ISIN DE000A254NA6) by further partial debentures with a nominal value of EUR 40.0 million.

Key Points: 
  • Leipzig, 16.10.2020 - PREOS Real Estate AG (in future: PREOS Global Office Real Estate & Technology AG, "PREOS", ISIN DE000A2LQ850) has increased its 7.50% convertible bond (2019/2024, ISIN DE000A254NA6) by further partial debentures with a nominal value of EUR 40.0 million.
  • The outstanding volume of the PREOS convertible bond increases to a nominal EUR 219.4 million.
  • Overall, the convertible bond has a maximum volume of up to EUR 300 million.
  • Frederik Mehlitz, CEO of PREOS Real Estate AG, comments: "We are pleased about the additional financial resources that we will receive by placing a further tranche of our convertible bond.

DGAP-News: publity AG: further subscription of partial bonds of the PREOS Real Estate AG convertible bond with a nominal value of EUR 40.0 million.

Friday, October 16, 2020 - 11:01am

publity AG: further subscription of partial bonds of the PREOS Real Estate AG convertible bond with a nominal value of EUR 40.0 million.

Key Points: 
  • publity AG: further subscription of partial bonds of the PREOS Real Estate AG convertible bond with a nominal value of EUR 40.0 million.
  • publity AG: further subscription of partial bonds of the PREOS Real Estate AG convertible bond with a nominal value of EUR 40.0 million.
  • Frankfurt am Main, 16.10.2020 - publity AG (Scale, ISIN DE0006972508) has subscribed for a further tranche of bonds of the 7.50% convertible bond (ISIN DE000A254NA6) of its subsidiary PREOS Real Estate AG (in future: PREOS Global Office Real Estate & Technology AG, "PREOS", ISIN DE000A2LQ850) with a nominal value of EUR 40.0 million.
  • publity AG thus holds partial debentures of the PREOS convertible bond with a current nominal value of approximately EUR 182.2 million.

Colabor Group Reports Results for the Third Quarter 2020

Thursday, October 15, 2020 - 10:10pm

Net debt corresponds to bank indebtedness, current portion of long-term debt, long-term debt and convertible debentures, net of cash.

Key Points: 
  • Net debt corresponds to bank indebtedness, current portion of long-term debt, long-term debt and convertible debentures, net of cash.
  • Consolidated sales for the third quarter amounted to $120.9 million compared to $165.8 million during the corresponding quarter of 2019, a decrease of 27.1%.
  • During the second quarter, the Company extended the maturity of its credit facility and subordinated debt which, combined with the results of the first three quarters of 2020, will allow Colabor to pursue its 2020 plan.
  • Despite the uncertainty surrounding the pandemic and its second wave, Colabor remains confident about the results for the coming months.

Resverlogix Announces Conversion of US$12 Million Debenture Strengthening Balance Sheet

Wednesday, October 14, 2020 - 12:30pm

The US$12 million (approximately CAD$15.8 million) principal amount of the debenture and accrued interest in the amount of approximately US$1.3 million (approximately CAD$1.7 million) will be converted into an aggregate of approximately 16.1 million common shares at a price of CAD$1.08 per share.

Key Points: 
  • The US$12 million (approximately CAD$15.8 million) principal amount of the debenture and accrued interest in the amount of approximately US$1.3 million (approximately CAD$1.7 million) will be converted into an aggregate of approximately 16.1 million common shares at a price of CAD$1.08 per share.
  • The conversion is not subject to any conditions, other than approval of the Toronto Stock Exchange for the conversion of the accrued interest, and is expected to close imminently.
  • "We strongly believe this conversion illustrates ORIs confidence in our corporate strategy and management team, said Donald McCaffrey, President and CEO of Resverlogix.
  • The conversion will remove the outstanding ORI debt and significantly strengthen our overall balance sheet.