Transaction

SOL Global Investments Corp. Acquires Stock of Atmofizer Technologies Inc. to Increase Holding To 10.00%

Retrieved on: 
Saturday, January 15, 2022 - 12:19am

This news release, and the early warning report filed in connection with the Transaction, was filed late due to administrative error.

Key Points: 
  • This news release, and the early warning report filed in connection with the Transaction, was filed late due to administrative error.
  • Since the date of the Transaction, SOL Global has continued to trade securities of ATMO in the ordinary course on the CSE.
  • As of the date hereof, SOL Global holds approximately 9.0% of the issued and outstanding Common Shares on a non-diluted basis.
  • About SOL Global Investments Corp.
    SOL Global is a diversified investment and private equity holding company engaged in the small and mid-cap sectors.

NorthWest Copper Enters Into Property Option Agreement

Retrieved on: 
Friday, January 14, 2022 - 2:06pm

VANCOUVER, British Columbia, Jan. 14, 2022 (GLOBE NEWSWIRE) -- NorthWest Copper (NorthWest or the Company) (TSX-V: NWST) (OTCQX: NWCCF) is pleased to announce that it has entered into a property option agreement (the Option Agreement) with Alpha Copper Corp. (Alpha) (CSE:ALCU) whereby the Company has granted Alpha the right to acquire a 100% interest in a series of mineral claims located in the province of British Columbia commonly referred to as the Okeover Copper (molybdenum) Project (the Property), subject to 2% net smelter return to be retained by the Company (the NSR Royalty).

Key Points: 
  • VANCOUVER, British Columbia, Jan. 14, 2022 (GLOBE NEWSWIRE) -- NorthWest Copper (NorthWest or the Company) (TSX-V: NWST) (OTCQX: NWCCF) is pleased to announce that it has entered into a property option agreement (the Option Agreement) with Alpha Copper Corp. (Alpha) (CSE:ALCU) whereby the Company has granted Alpha the right to acquire a 100% interest in a series of mineral claims located in the province of British Columbia commonly referred to as the Okeover Copper (molybdenum) Project (the Property), subject to 2% net smelter return to be retained by the Company (the NSR Royalty).
  • The issuance of the first $750,000 in common shares and the first $500,000 in expenditures are obligations of Alpha pursuant to the Option Agreement.
  • It consists of 12 contiguous claims totaling 4,614 hectares and is beneficially owned 100% by NorthWest, subject to the Option Agreement.
  • With a robust portfolio in a tier one jurisdiction, Northwest Copper is well positioned to participate fully in a strengthening global copper market.

Valley National Bancorp Receives Shareholder Approval in connection with the Acquisition of Bank Leumi USA

Retrieved on: 
Friday, January 14, 2022 - 12:30pm

NEW YORK, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (Valley) announced today its shareholders approved the issuance of Valley common stock in connection with the previously announced acquisition of Bank Leumi Le-Israel Corporation, the US subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA.

Key Points: 
  • NEW YORK, Jan. 14, 2022 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (Valley) announced today its shareholders approved the issuance of Valley common stock in connection with the previously announced acquisition of Bank Leumi Le-Israel Corporation, the US subsidiary of Bank Leumi Le-Israel B.M., and parent company of Bank Leumi USA.
  • Valley had previously announced receipt of regulatory approval from the Federal Reserve Bank of New York and the Office of the Comptroller of the Currency.
  • As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with over $41 billion in assets.
  • Bank Leumi Le-Israel Corporation is the U.S.-based holding company for Bank Leumi USA, a New York state chartered bank offering a full range of commercial loan and deposit products.

Eastern Bankshares, Inc. (“Eastern”) and Needham Bank Enter Into Asset Purchase Agreement For The Transfer of Eastern’s Cannabis Banking Business

Retrieved on: 
Friday, January 14, 2022 - 1:01pm

Eastern Bankshares, Inc. (Eastern) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, and Needham Bank (Needham) today jointly announced they have entered into an asset purchase agreement for the transfer to Needham of Easterns cannabis-related and money service business deposit relationships which were acquired during its merger with Century Bank and Trust Company.

Key Points: 
  • Eastern Bankshares, Inc. (Eastern) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, and Needham Bank (Needham) today jointly announced they have entered into an asset purchase agreement for the transfer to Needham of Easterns cannabis-related and money service business deposit relationships which were acquired during its merger with Century Bank and Trust Company.
  • Needham Bank has solid capabilities to provide extensive service to this important business sector, and we applaud the strong commitment they are making to support the industry.
  • Over the coming months, cannabis banking customers will receive regular updates, including how to prepare for the transition pending regulatory approval.
  • Known as the Builders Bank, Needham Bank has been helping individuals, businesses and non-profits build for their futures since 1892.

ECP Environmental Growth Opportunities Corp. Announces Stockholder Meeting Date of January 31, 2022 and Effectiveness of Registration Statement for Proposed Business Combination with Fast Radius

Retrieved on: 
Thursday, January 13, 2022 - 9:52pm

ENNV has filed its definitive proxy statement for the stockholder meeting, which will be mailed together with a proxy card to ENNV's stockholders of record as of the record date.

Key Points: 
  • ENNV has filed its definitive proxy statement for the stockholder meeting, which will be mailed together with a proxy card to ENNV's stockholders of record as of the record date.
  • Subject to stockholder approval and other customary closing conditions identified in the previously disclosed merger agreement, the business combination is expected to close as soon as practicable following the stockholder meeting.
  • Upon the closing of the business combination, the combined company will be named "Fast Radius, Inc." and its common stock will be listed on NASDAQ under the new ticker symbol "FSRD."
  • Neither Fast Radius nor ENNV gives any assurance that either Fast Radius or ENNV, or the combined company, will achieve its expectations.

Santander Holdings USA, Inc. Announces Extension of Tender Offer to Acquire Shares it Does not Own of Santander Consumer USA Holdings Inc. for $41.50 per Share

Retrieved on: 
Thursday, January 13, 2022 - 1:00pm

Santander Holdings USA, Inc. (SHUSA) today announced that it has extended the expiration date of its previously announced tender offer (the Tender Offer) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (SC) not already owned by SHUSA for $41.50 per share (the Offer Price).

Key Points: 
  • Santander Holdings USA, Inc. (SHUSA) today announced that it has extended the expiration date of its previously announced tender offer (the Tender Offer) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (SC) not already owned by SHUSA for $41.50 per share (the Offer Price).
  • As a result of this extension, the Tender Offer is now scheduled to expire at 5:00 p.m., New York City Time, on January 20, 2022.
  • The Transaction is subject to customary closing conditions, including regulatory approval by the Board of Governors of the Federal Reserve System.
  • These include Santander Bank, N.A., Santander Consumer USA Holdings Inc. (NYSE: SC), Banco Santander International, Santander Securities LLC, Santander Investment Securities Inc., and several other subsidiaries.

SSR MINING ANNOUNCES THE SALE OF ITS PITARRILLA PROJECT FOR TOTAL CONSIDERATION OF UP TO US$127 MILLION

Retrieved on: 
Thursday, January 13, 2022 - 12:00pm

The cash and equity components of the consideration totaling US$70 million will be paid upon closing of the Transaction.

Key Points: 
  • The cash and equity components of the consideration totaling US$70 million will be paid upon closing of the Transaction.
  • The Transaction is expected to be accretive to SSR Mining on an NAV per share basis, based on street consensus estimates.
  • In addition, the cash and equity components of the consideration received exceed the net book value of the Pitarrilla project.
  • With this transaction, SSR Mining continues to deliver on its goal of portfolio rationalization, realizing value for shareholders by monetizing non-core assets.

Altus Power, Inc., A Market-Leading Clean Electrification Company, Announces Operationalization of 2.5MW of Community Solar Assets in Illinois

Retrieved on: 
Thursday, January 13, 2022 - 12:00pm

With the addition of Illinois, Altus Power now has community solar programs in seven states, namely Maryland, New Jersey, New York, Massachusetts, Minnesota, Hawaii and Illinois.

Key Points: 
  • With the addition of Illinois, Altus Power now has community solar programs in seven states, namely Maryland, New Jersey, New York, Massachusetts, Minnesota, Hawaii and Illinois.
  • Altus Power's community solar programs offer solar energy credits to a diverse range of subscribers in their communities, from homes to local schools and hospitals.
  • The new Illinois project utilizes a rooftop photovoltaic solar system and, when fully subscribed, its customers will include local businesses and homes.
  • "Altus Power is one of the largest providers of community solar in the country," said Lars Norell, Co-CEO of Altus Power.

Endeavour Silver to Acquire the Pitarrilla Project, One of the World’s Largest Undeveloped Silver Projects¹, Leveraging Regional Platform and Operating Expertise in Mexico

Retrieved on: 
Thursday, January 13, 2022 - 12:00pm

Pitarrilla is a large undeveloped silver, lead, and zinc project located 160 kilometres north of Durango City, in northern Mexico.

Key Points: 
  • Pitarrilla is a large undeveloped silver, lead, and zinc project located 160 kilometres north of Durango City, in northern Mexico.
  • The Pitarrilla property consists of 4,950 hectares across five concessions and has significant infrastructure in place with direct access to utilities.
  • The acquisition of Pitarrilla, one of the worlds largest undeveloped silver projects1, accelerates our vision to become a premier senior silver producer, said Dan Dickson, Endeavours Chief Executive Officer.
  • Endeavour Silver is a mid-tier precious metals mining company that operates two high-grade, underground silver-gold mines in Mexico.

FOBI Announces Definitive Agreement To Acquire Passworks S.A. for €400,000 To Further Expand FOBI's Global Digital Wallet Pass Portfolio

Retrieved on: 
Thursday, January 13, 2022 - 11:00am

All Consideration Shares will be subject to a hold period of four months and one day from the date of issuance.

Key Points: 
  • All Consideration Shares will be subject to a hold period of four months and one day from the date of issuance.
  • With the acquisition of Passworks, FOBI will increase its share of the large and growing global wallet pass market.
  • This Press Release is available on the FOBI Website, as well as the FOBI Verified Forum On AGORACOM For Shareholder Discussion And Management Engagement.
  • FOBI is a cutting-edge data intelligence company that helps our clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits.