Debenture | Jotup

TerrAscend Closes on Second Tranche of Private Placements for Total Aggregate Proceeds of US$20.5 Million

Retrieved on:

Wednesday, June 28, 2023

Minority, Indian stock exchange, CSE, MI, Private placement, Private, Debenture, Toronto Stock Exchange, Seasoned equity offering, Equity, Sale, Finance Secretary (India), TSX, Multilateral, News, Security (finance)

TORONTO, June 28, 2023 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced the closing of the second tranche of private placements (the “Private Placements”) for total aggregate proceeds of US$20.5 million.

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TORONTO, June 28, 2023 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced the closing of the second tranche of private placements (the “Private Placements”) for total aggregate proceeds of US$20.5 million.
The net proceeds from the Private Placements will be used to qualify for the Company’s proposed TSX listing, to fund Maryland dispensary acquisitions, and for working capital and general corporate purposes.
Following completion of the Reorganization Investment, TerrAscend now holds exchangeable shares of TerrAscend Growth, representing approximately 99.8% of the economic ownership of TerrAscend Growth, on an as-converted basis.
In total, the insiders acquired, in the aggregate, 2,000 Debentures and 825,734 Units in connection with the Private Placements for aggregate gross proceeds of $3,238,601 (the “Insider Participation”).

WILDBRAIN SETTLES OUTSTANDING OBLIGATIONS UNDER EXCHANGEABLE DEBENTURES

Retrieved on:

Monday, June 26, 2023

WildBrain, Exercise, Finance Secretary (India), TSX, Share, VWAP, Holder in due course, Security (finance), Issuer, Debenture

TORONTO, June 26, 2023 /PRNewswire/ - WildBrain Ltd. ("WildBrain" or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, announced today that Wildbrain Holdings LLC (the "Issuer"), a wholly-owned subsidiary of the Company, has satisfied in full all of its obligations to repay the US$18.5 million principal amount in outstanding exchangeable secured debentures issued by the Issuer (the "Debentures").

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TORONTO, June 26, 2023 /PRNewswire/ - WildBrain Ltd. ("WildBrain" or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, announced today that Wildbrain Holdings LLC (the "Issuer"), a wholly-owned subsidiary of the Company, has satisfied in full all of its obligations to repay the US$18.5 million principal amount in outstanding exchangeable secured debentures issued by the Issuer (the "Debentures").
The settlement occurred effective as of June 24, 2023, the maturity date of the Debentures (the "Maturity Date").
As a result, the Share Repayment Right applied only to accrued and unpaid interest on the Debentures of approximately US$3.8 million.
WildBrain issued a total of 19,977,227 variable voting shares to the Holders in satisfaction of all of the Company's obligations under the Debentures.

RioCan Real Estate Investment Trust completes offering of $300 million Series AH senior unsecured debentures

Retrieved on:

Monday, June 26, 2023

BMO Capital Markets, NOT, FOR, RioCan Real Estate Investment Trust, TD, TD Securities, Trust, Sale, RBC Capital Markets, BBB, TSX, Debenture, Security (finance), Series

TORONTO, June 26, 2023 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has closed its previously announced offering of the $300 million principal amount of Series AH senior unsecured debentures (the “Debentures”).

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, June 26, 2023 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has closed its previously announced offering of the $300 million principal amount of Series AH senior unsecured debentures (the “Debentures”).
The net proceeds of this offering will be used by the Trust to repay the amounts owing under certain credit facilities incurred in the ordinary course.
The Debentures have been issued pursuant to RioCan’s trust indenture dated March 8, 2005, as supplemented.
The Debentures rank equally with all other senior unsecured indebtedness of the Trust.

TerrAscend Upsizes Previously Announced Offering to US $20 Million and Closes US $16 Million Initial Tranche

Retrieved on:

Monday, June 26, 2023

Minority, Indian stock exchange, CSE, MI, Private placement, Private, Debenture, Equity, Sale, Finance Secretary (India), TSX, Multilateral, News, Security (finance), Unit

TORONTO, June 26, 2023 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced that on June 23, 2023, it closed the first tranche of its previously announced concurrent private placements (the “Private Placements”) for total gross proceeds of approximately US $16 million. Additionally, the Company upsized the offering to US $20 million. A second tranche closing is scheduled for June 28, 2023.

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Additionally, the Company upsized the offering to US $20 million.
A second tranche closing is scheduled for June 28, 2023.
In connection with the terms of the Debenture Offering and the Equity Offering, the Company issued an additional 300,000 Warrants on the same terms and conditions as those issued in the Unit Offering.
This news release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933.

EAT WELL GROUP TO SELL SAPIENTIA FOR USD $10 MILLION IN NASDAQ MERGER WITH MEDS & SUPERLATUS FOODS

Retrieved on:

Friday, June 23, 2023

This strategic move marks Eat Well Group's commitment to sharpening its focus and leveraging its global agricultural strategy by divesting non-core assets.

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This strategic move marks Eat Well Group's commitment to sharpening its focus and leveraging its global agricultural strategy by divesting non-core assets.
The sale of Sapientia unlocks significant value and positions the Company for exponential growth in collaboration with MEDS and Superlatus Foods.
Marc Aneed, CEO of Eat Well Group, states, "We are very pleased to announce the sale of Sapientia for USD $10 million, allowing us to unlock the value of our IP portfolio and retain a substantial position in the NASDAQ company, MEDS.
As part of the transaction, Superlatus is completing a Merger with TRxADE on the NASDAQ (the "Merger").

Exro Announces Corporate Update Pertaining to Patent Applications, Operational Developments, and Upcoming Interest Payment

Retrieved on:

Friday, June 23, 2023

Exro has filed two new U.S. provisional patent applications, presenting further powertrain uses for its technology, and strengthening Exro's intellectual property position.

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Exro has filed two new U.S. provisional patent applications, presenting further powertrain uses for its technology, and strengthening Exro's intellectual property position.
Exro has elected to issue common shares in satisfaction of interest payment due on June 30, 2023, under its C$15 Million convertible debentures.
While Exro will continue to use trade secrets to protect proprietary software and algorithms, it will look to bolster software-related patent filings in the coming quarters.
Exro anticipates receipt of the NDA-partners motor in Calgary by mid-Q3 2023 followed by pairing with Exro's Coil DriverTM.

Aleafia Health Announces In-Kind Payment of Interest on Secured Convertible Debentures

Retrieved on:

Thursday, June 22, 2023

Series, TSX, Toronto Stock Exchange, OTCQB, Date, Security (finance), Debenture

TORONTO, June 22, 2023 (GLOBE NEWSWIRE) -- Aleafia Health Inc. (TSX: AH, OTCQB: ALEAF) (“Aleafia Health” or the “Company”) announces that it is electing to pay interest in-kind on its (a) 8.50% Series A Secured Debentures Due June 30, 2024 (the “Series A Debentures”), (b) 8.50% Series B Secured Debentures Due June 30, 2026 (the “Series B Debentures”), and (c) 8.50% Series C Secured Convertible Debentures Due June 30, 2028 (the “Series C Debentures” and, collectively with the Series A Debentures and the Series B Debentures, the “Debentures”).

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TORONTO, June 22, 2023 (GLOBE NEWSWIRE) -- Aleafia Health Inc. (TSX: AH, OTCQB: ALEAF) (“Aleafia Health” or the “Company”) announces that it is electing to pay interest in-kind on its (a) 8.50% Series A Secured Debentures Due June 30, 2024 (the “Series A Debentures”), (b) 8.50% Series B Secured Debentures Due June 30, 2026 (the “Series B Debentures”), and (c) 8.50% Series C Secured Convertible Debentures Due June 30, 2028 (the “Series C Debentures” and, collectively with the Series A Debentures and the Series B Debentures, the “Debentures”).
On June 30, 2023, holders of Debentures as of June 19, 2023 (the “Record Date”) will be issued additional Debentures in payment of accrued interest equal to $42.50 per every $1,000 in Debentures held as of the Record Date.
As the Record Date has passed, trading in the Debentures will be halted by the Toronto Stock Exchange at the opening on Thursday, June 22, 2023 and will resume trading at the opening on Friday, June 23, 2023 on an ex-distribution basis.

Greenbriar Capital Announces Convertible Debenture and Update on the Sage Ranch Option and Joint Venture Agreement with Captiva Verde Wellness Corp

Retrieved on:

Thursday, June 22, 2023

OTC Markets Group, Debt, CDN, TSX Venture Exchange, Pacific Ocean, TSV, Option, Greenbriar Capital Corp, Captiva, GRB, Sage Ranch Park, Pacific Time Zone, Finance Secretary (India), Legislation, Security (finance), Debenture

Coquitlam, British Columbia--(Newsfile Corp. - June 22, 2023) - Greenbriar Capital Corp. (TSV: GRB) (OTC Pink: GEBRF) ("Greenbriar or "the Company") announces that it intends to issue a CDN $1.0 million unsecured convertible debenture (the "Debenture") to an investor (the "Debenture Holder").

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Coquitlam, British Columbia--(Newsfile Corp. - June 22, 2023) - Greenbriar Capital Corp. (TSV: GRB) (OTC Pink: GEBRF) ("Greenbriar or "the Company") announces that it intends to issue a CDN $1.0 million unsecured convertible debenture (the "Debenture") to an investor (the "Debenture Holder").
The Company expects to use the gross proceeds from the Debenture for Sage Ranch and general working capital purposes.
Greenbriar and Captiva Verde Wellness Corp. ("Captiva") have tentatively agreed on a settlement of the Sage Ranch option and joint venture agreement ("Option and Joint Venture Agreement").
Subsequent to the amount being repaid, Captiva will no longer have any further net profits interest in and to the Sage Ranch project.

RioCan Real Estate Investment Trust announces offering of $300 million, Series AH senior unsecured debentures with a coupon of 5.962% and an all-in interest rate of 5.284% after including the benefit of bond forward hedges

Retrieved on:

Thursday, June 22, 2023

BMO Capital Markets, S&P Global, NOT, FOR, RioCan Real Estate Investment Trust, TD, TD Securities, Trust, Sale, RBC Capital Markets, Scotiabank, BBB, TSX, Debenture, Security (finance)

TORONTO, June 21, 2023 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that it has agreed to issue $300 million principal amount of Series AH senior unsecured debentures (the “Debentures”).

Key Points:

The Debentures will be sold at a price of $99.966 per $100 principal amount, carry a coupon of 5.962% per annum and mature on October 1, 2029.
Inclusive of the benefit of bond forward hedges, the Trust’s all-in rate is 5.284% per annum.
The net proceeds of this offering will be used by the Trust to repay amounts owing under certain credit facilities incurred in the ordinary course.
The Debentures will rank equally with all other senior unsecured indebtedness of the Trust.

TerrAscend Announces Proposed US $15 Million Private Placements

Retrieved on:

Wednesday, June 21, 2023

Indian stock exchange, CSE, Canadian Securities Exchange, Private, Debenture, Issue, CAD, Equity, Sale, Private placement, Finance Secretary (India), TSX, News, Seasoned equity offering, Security (finance)

TORONTO, June 21, 2023 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced its intention to complete two concurrent private placements (the “Private Placements”) for total gross proceeds of approximately US $15 million.

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TORONTO, June 21, 2023 (GLOBE NEWSWIRE) -- TerrAscend Corp. ("TerrAscend" or the "Company") (CSE: TER) (OTCQX: TRSSF), a leading North American cannabis operator, today announced its intention to complete two concurrent private placements (the “Private Placements”) for total gross proceeds of approximately US $15 million.
The Private Placements consist of an offering of units (the “Units”) of the Company (the “Equity Offering”) of approximately US $7.5 million and a non-brokered offering of senior unsecured convertible debentures (the “Debentures”) of approximately US $7.5 million (the “Debenture Offering”).
The net proceeds from the Private Placements will be used to qualify for the Company’s proposed TSX listing, to fund Maryland dispensary acquisitions, and for working capital and general corporate purposes.
An aggregate of 5 million Units are being issued in the proposed Equity Offering at a price of US $1.50 (CAD $2.00) per Unit (the “Issue Price”) for aggregate gross proceeds of approximately US $7.5 million (CAD $10 million).