Debenture | Jotup

Digicann Ventures Repurchases $14,218,000 of Convertible Debentures for $1,600,000 in Cash

Retrieved on:

Monday, October 30, 2023

News, RSU, Canadian Securities Exchange, Transaction, CSE, Debenture, Security (finance)

The Transaction represents a buyback of over 93% of the Debentures currently outstanding on the Company’s balance sheet.

Key Points:

The Transaction represents a buyback of over 93% of the Debentures currently outstanding on the Company’s balance sheet.
With only $1,000,000 of the Debentures now remaining on the Company’s balance sheet, the Transaction significantly improves Digicann’s overall financial condition going forward.
No consulting, broker or finder’s fees were paid or are to be paid in association with the Transaction.
This news release does not constitute an offer to purchase or a solicitation of an offer to sell the Debentures or any other securities.

Ceylon Graphite Announces Closing of $365,000 Convertible Debenture Financing and Extension of Convertible Debenture

Retrieved on:

Friday, October 27, 2023

NOT, TSX Venture Exchange, Sale, Mining, Convertible, Multilateral, Debenture, Funding, FOR, Minority, MI, OTC, Warrant, News, CYL, CCY, OR, Offering, Indian stock exchange, FSE, Amendment, Security (finance)

VANCOUVER, British Columbia, Oct. 27, 2023 (GLOBE NEWSWIRE) --

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In addition, the Debentures are secured against all of the present and after acquired personal property of the Company.
The Company also announces that it expects to amend the terms of certain convertible debentures (the “2018 Convertible Debentures”) that were issued by the Company on May 23, 2018.
The Company intends to amend the conversion price of the 2018 Convertible Debentures to $0.15 per 2018 Debenture Share and amend the maturity date of the 2018 Convertible Debentures to November 23, 2024 (the “Amendments”).
The Financing, Amendments and issuance of the Replacement Warrants are subject to the final approval of the TSX Venture Exchange.

High Tide Restructures $8.9 Million of Outstanding Secured Debt

Retrieved on:

Thursday, November 2, 2023

Adjustment, Cannabis, TSX Venture Exchange, Debt, High Tide, Debt restructuring, Person, Debenture, News, AB, Acquisition, Party, FSE, META, Debtor, Blackpool High Tide Organ, VWAP, Acceleration, Security (finance)

Pursuant to the terms of the Debt Restructuring Agreement, the parties have agreed to settle the outstanding structured installment payments, which equals the aggregate sum of $5,024,546 (the "Outstanding Structured Payment"), in common shares in the capital of High Tide ("High Tide Shares") at a deemed price of $2.0168 per High Tide Share, to the Key Lender (each an "Installment Share"), subject to prior approval and compliance with the policies of the TSX Venture Exchange ("TSXV"), calculated on basis of a deemed price per High Tide Share equal to the ten (10) day volume-weighted average trading price (in Canadian dollars) of the High Tide Shares on the TSXV ("VWAP") ending on October 31, 2023.

Key Points:

Pursuant to the terms of the Debt Restructuring Agreement, the parties have agreed to settle the outstanding structured installment payments, which equals the aggregate sum of $5,024,546 (the "Outstanding Structured Payment"), in common shares in the capital of High Tide ("High Tide Shares") at a deemed price of $2.0168 per High Tide Share, to the Key Lender (each an "Installment Share"), subject to prior approval and compliance with the policies of the TSX Venture Exchange ("TSXV"), calculated on basis of a deemed price per High Tide Share equal to the ten (10) day volume-weighted average trading price (in Canadian dollars) of the High Tide Shares on the TSXV ("VWAP") ending on October 31, 2023.
Upon the Outstanding Structured Payment being satisfied in High Tide Shares, the outstanding amount of the Debenture will be reduced proportionately.
Recall that at the beginning of 2021, just after the acquisition of META, our gross debt stood at approximately 65 million dollars.
Over the past three years, we have now cut our outstanding debt in half to 32 million dollars today, representing just 1.2 times the Adjusted EBITDA we reported over the past four quarters," said Raj Grover, Founder and Chief Executive Officer of High Tide.

F3 Closes $15 Million Strategic Investment from Denison Mines

Retrieved on:

Wednesday, October 18, 2023

TSX Venture Exchange, Denison, NYSE, Debenture, Denison Mines, DNN, PLN, FUU, Interest, LLP, TSX, Blake, Cassels & Graydon, Security (finance), F3

Kelowna, British Columbia--(Newsfile Corp. - October 18, 2023) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") is pleased to announce that it has closed its previously announced financing with Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN) for a $15 million strategic investment by Denison of unsecured convertible debentures into the Company (the "Debentures").

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Kelowna, British Columbia--(Newsfile Corp. - October 18, 2023) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3" or the "Company") is pleased to announce that it has closed its previously announced financing with Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN) for a $15 million strategic investment by Denison of unsecured convertible debentures into the Company (the "Debentures").
Blake, Cassels & Graydon LLP acted as legal counsel to F3.
Haywood Securities Inc. acted as financial advisor to F3.
In connection with the transaction, F3 issued 380,518 shares to Haywood Securities Inc. at a price of $0.3942 per share, along with a cash fee, for acting as financial advisor to F3.

Sirona Biochem Announces Payment of Convertible Debenture Interests in Shares

Retrieved on:

Friday, October 20, 2023

TSX Venture Exchange, Sale, OTC, Legislation, News, Exercise, Indian stock exchange, Share (finance), FSE, Security (finance), Debenture

VANCOUVER, British Columbia, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Sirona Biochem Corp. (TSX-V: SBM) (FSE: ZSB) (OTC: SRBCF) (“Sirona” or the “Company”) announces that pursuant to the 12% unsecured, convertible debentures in the principal amount of $1,500,000 (the “Debentures”) previously issued on April 20, 2023, the Company will issue common shares in the capital of the Company (the “Common Shares”) in satisfaction of interest payments on the outstanding Debentures (the “Interest Payments”).

Key Points:

VANCOUVER, British Columbia, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Sirona Biochem Corp .
(TSX-V: SBM) (FSE: ZSB) (OTC: SRBCF) (“Sirona” or the “Company”) announces that pursuant to the 12% unsecured, convertible debentures in the principal amount of $1,500,000 (the “Debentures”) previously issued on April 20, 2023, the Company will issue common shares in the capital of the Company (the “Common Shares”) in satisfaction of interest payments on the outstanding Debentures (the “Interest Payments”).
Issuance of the Common Shares is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the TSX Venture Exchange.
The Debentures and the Shares which may be issued on exercise thereof have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.

EARLY WARNING NEWS RELEASE

Retrieved on:

Thursday, October 19, 2023

TORONTO, ON, Oct. 18, 2023 (GLOBE NEWSWIRE) --

Key Points:

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
This news release is being issued by 15384150 Canada Inc. (the “Purchaser”) as required by National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with its potential acquisition and disposition of certain securities in the capital of BBTV Holdings Inc. (the "Company").
To obtain copies of the early warning report, please contact James Szumski at Owens Wright LLP (416-848-4706, [email protected]).
Please refer to the Company’s press release dated October 17, 2023 for additional details on the Transaction.
An early warning report will be filed by the Purchaser, on its own behalf and on behalf of those parties acting jointly or in concert with it, under applicable securities laws and will be available on the Company’s profile on SEDAR+ at www.sedarplus.ca .

Alpha Copper Announces Non-Brokered Private Placement of Convertible Debentures and Consolidation of Common Shares

Retrieved on:

Wednesday, October 18, 2023

The Company is also pleased to announce a consolidation of the outstanding Common Shares on the basis of one post-consolidation Common Share for every four pre-consolidation Common Shares (the “Consolidation”).

Key Points:

The Company is also pleased to announce a consolidation of the outstanding Common Shares on the basis of one post-consolidation Common Share for every four pre-consolidation Common Shares (the “Consolidation”).
No fractional Common Shares will be issued as a result of the Consolidation.
Any fractional Common Shares more than one-half resulting from the Consolidation will be rounded up to the nearest whole Common Share, and any fractional shares less than one-half resulting from the Consolidation will be rounded down to the nearest whole Common Share.
Shareholder approval of the Consolidation is not required under the policies of the CSE nor under the Articles of the Company.

Imperial Agrees to Issue up to $20 Million of Non-Convertible Debentures

Retrieved on:

Friday, October 13, 2023

Multilateral, Private placement, Private, Minority, Debenture, Person, MI, Sale, Security (finance)

The proceeds of the Private Placement are intended to be used to fund the operation and development at the Company’s Red Chris mine and for general working capital purposes.

Key Points:

The proceeds of the Private Placement are intended to be used to fund the operation and development at the Company’s Red Chris mine and for general working capital purposes.
N. Murray Edwards has agreed to purchase up to $12,500,000 of the Debentures.
Such participation is considered to be a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”) Protection of Minority Security Holders in Special Transactions (“MI 61-101”).
This release does not constitute an offer for sale of securities in the United States.

F3 Announces $15 Million Strategic Investment from Denison Mines

Retrieved on:

Friday, October 6, 2023

TSX Venture Exchange, Denison, NYSE, TSX, Acquisition, LLP, DNN, Interest, Athabasca Basin, Denison Mines, PLN, Hoskin, Debenture, Blake, Cassels & Graydon, FUU, Security (finance), Uranium mining, F3

Kelowna, British Columbia--(Newsfile Corp. - October 6, 2023) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUF) ("F3" or the "Company") is pleased to announce that it has entered into a binding agreement with Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN) for a $15 million strategic investment by Denison with the acquisition of unsecured convertible debentures issued by F3 (the "Debentures").

Key Points:

Kelowna, British Columbia--(Newsfile Corp. - October 6, 2023) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUF) ("F3" or the "Company") is pleased to announce that it has entered into a binding agreement with Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN) for a $15 million strategic investment by Denison with the acquisition of unsecured convertible debentures issued by F3 (the "Debentures").
Dev Randhawa, CEO of F3 commented, "We are pleased to welcome Denison as a strategic investor in the Company.
Blake, Cassels & Graydon LLP is acting as legal counsel to F3 and Osler, Hoskin & Harcourt LLP is acting as legal counsel to Denison.
Haywood Securities Inc. is acting as financial advisor to F3 and Canaccord Genuity Corp. is acting as financial advisor to Denison.

Granite REIT Completes C$400 Million Green Bond Offering

Retrieved on:

Thursday, October 12, 2023

Construction & Property, REIT, TSX, Real estate investing, Series 3, Failure, Debenture, Granite Real Estate, TD, Granite, Green bond, Offering, Security (finance), Framework

Granite Real Estate Investment Trust (“Granite” or the “REIT”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Partnership (“Granite LP”) has completed its previously announced offering (the “Offering”) of C$400 million aggregate principal amount of 6.074% Series 7 senior unsecured debentures due April 12, 2029 (the “Debentures”).

Key Points:

Granite Real Estate Investment Trust (“Granite” or the “REIT”) (TSX: GRT.UN / NYSE: GRP.U) announced today that its wholly owned subsidiary Granite REIT Holdings Limited Partnership (“Granite LP”) has completed its previously announced offering (the “Offering”) of C$400 million aggregate principal amount of 6.074% Series 7 senior unsecured debentures due April 12, 2029 (the “Debentures”).
The Debentures are guaranteed by Granite and Granite REIT Inc.
The Debentures are Granite’s third green bond issuance pursuant to its Green Bond Framework.
The Debentures were issued as Green Bonds under Granite’s Green Bond Framework (the “Framework”) which is available on Granite’s website at https://granitereit.com/sustainability .