Consolidation

XORTX Announces Share Consolidation

Retrieved on: 
Wednesday, November 8, 2023
TSX Venture Exchange, CUSIP, Exercise, Consolidation, Kidney disease, Therapy, Effective date, Letter, Security (finance), Share (finance)

CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. ("XORTX" or the “Company”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat progressive kidney disease, announces that the Company’s board of directors has approved consolidating (the “Consolidation”) its common shares (“Shares”) on the basis of one post-consolidation Share for every nine pre-consolidation Shares, effective November 9, 2023 (the “Effective Date”).

Key Points: 
  • CALGARY, Alberta, Nov. 08, 2023 (GLOBE NEWSWIRE) -- XORTX Therapeutics Inc. ("XORTX" or the “Company”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat progressive kidney disease, announces that the Company’s board of directors has approved consolidating (the “Consolidation”) its common shares (“Shares”) on the basis of one post-consolidation Share for every nine pre-consolidation Shares, effective November 9, 2023 (the “Effective Date”).
  • The Consolidation has been approved by the TSX Venture Exchange (the “TSXV”) and follows approval of a consolidation of the Shares on the basis of a range of up to nine pre-consolidation Shares for every one post-consolidation Share at the special meeting of shareholders of the Company held on October 27, 2023.
  • As a result of the Consolidation, the number of issued and outstanding Shares will be reduced from 17,989,687 to approximately 1,998,854, subject to adjustment for rounding.
  • Until surrendered, each share certificate representing pre-Consolidation Shares will represent the number of whole post-Consolidation shares to which the holder is entitled as a result of the Consolidation.

WEST MINING ANNOUNCES PROPOSED SHARE CONSOLIDATION

Retrieved on: 
Wednesday, November 8, 2023
CUSIP, OTC, Exercise, CSE, Common, Canadian Securities Exchange, Indian stock exchange, Consolidation, Letter, Security (finance)

Vancouver, BC, Nov. 08, 2023 (GLOBE NEWSWIRE) -- West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) announces that it will complete a consolidation of the authorized and issued common shares of the Company (the “Common Shares”) on the basis of a one post-consolidated Common Share for each ten pre-consolidation Common Shares (the “Consolidation”).

Key Points: 
  • Vancouver, BC, Nov. 08, 2023 (GLOBE NEWSWIRE) -- West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) announces that it will complete a consolidation of the authorized and issued common shares of the Company (the “Common Shares”) on the basis of a one post-consolidated Common Share for each ten pre-consolidation Common Shares (the “Consolidation”).
  • Following the Consolidation, the Company will have approximately 6,162,731 post-Consolidation Common Shares issued and outstanding.
  • A letter of transmittal will be mailed to registered shareholders providing instructions with respect to surrendering share certificates representing pre-Consolidation Common Shares in exchange for post-Consolidation Common Shares issued as a result of the Consolidation.
  • Outstanding West stock options and share purchase warrants will also be adjusted by the Consolidation ratio and the respective exercise prices of outstanding options and share purchase warrants will be adjusted accordingly.

VSBLTY COMPLETES THE ACQUISITION OF SHELF NINE AND ANNOUNCES PROPOSED CONSOLIDATION

Retrieved on: 
Wednesday, November 1, 2023
Odyssey, ISIN, CUSIP, Medium, Article, Acquisition, Transaction, CSE, Advertising, Growth, Asset purchase agreement, Closing, Canadian Securities Exchange, Employment, Consolidation, AI, Letter, Sales management, Retail, Security (finance)

PHILADELPHIA, Oct. 31, 2023 /PRNewswire/ -- VSBLTY Groupe Technologies Corp. (the "Company" or "VSBLTY") (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt 5VS), a leading AI software provider of security and retail analytics technology, is pleased to announce the closing of its previously announced acquisition (the "Transaction") of Shelf Nine LLC ("Shelf Nine"). Shelf Nine is a leader in retail media networks, providing brands and retailers specifically targeted digital media advertising and other customer communications content delivered at the point of purchase. The Company further announces that it will consolidate its common shares in the capital of the Company (the "Shares") on the basis of ten (10) existing Shares for each one (1) new share (the "Consolidation"), effective as of November 3, 2023.

Key Points: 
  • "We are extremely excited to complete our acquisition of Shelf Nine," explained VSBLTY Co-founder & CEO Jay Hutton.
  • At Closing, VSBLTY, through Subco, has also agreed to assume approximately US$336,096.67 in existing promissory notes of Shelf Nine (the ("Loan").
  • In accordance with the Articles of the Company, shareholders' approval is not required for the Consolidation, but the Consolidation remains subject to the approval of the CSE.
  • Topic: VSBLTY Shelf Nine Discussion (Jay Hutton, CEO, Luiz Barros, Executive Chairman, and Mike Manion, President/CEO of Shelf Nine)
    Register in advance for this webinar:

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

Retrieved on: 
Wednesday, October 18, 2023
Person, Frankfurt Stock Exchange, Finance Secretary (India), Debenture, ISIN, CUSIP, Unit, OTC, Legislation, OTC Markets Group, News, Article, Acquisition, ALCU, Exercise, CSE, Offering, FWB, Canadian Securities Exchange, Indian stock exchange, Consolidation, Copper, Security (finance)

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.

Looking Glass Labs Announces Share Consolidation

Retrieved on: 
Friday, October 6, 2023
MAR, OTC, European Union (Withdrawal) Act 2018, NEO Exchange, Indian stock exchange, Consolidation, Financial Conduct Authority, CUSIP, Glass, FRA, Exercise, ISIN, NEO, Security (finance), EU

The effective date and trading of the Common Shares on a post-Consolidation basis on NEO Exchange is 6 October 2023.

Key Points: 
  • The effective date and trading of the Common Shares on a post-Consolidation basis on NEO Exchange is 6 October 2023.
  • The Consolidation will result in the number of issued and outstanding Common Shares being reduced from 148,937,668 pre-consolidation Common Shares to 1,985,764 post-Consolidation Common Shares of no par value.
  • The exercise or conversion price of warrants and stock options, and the number of Common Shares issuable thereunder will also be proportionately adjusted upon the completion of the Consolidation.
  • The Directors of Looking Glass Labs take responsibility for this announcement.

TAAT® Global Alternatives Inc. Announces Share Consolidation

Retrieved on: 
Thursday, September 28, 2023
Exercise, Indian stock exchange, CSE, NOR, Canadian Securities Exchange, Date, THIS, Consolidation, Security (finance)

LAS VEGAS and VANCOUVER, British Columbia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- TAAT® GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (the “Company” or “TAAT®”) announces that, pursuant to directors’ resolutions, the Company will be consolidating all of its issued and outstanding share capital (the “Common Shares”) on the basis of every ten (10) old Common Shares into one (1) new Common Share (the “Share Consolidation”), effective October 3, 2023 (the “Record Date”).

Key Points: 
  • LAS VEGAS and VANCOUVER, British Columbia, Sept. 28, 2023 (GLOBE NEWSWIRE) -- TAAT® GLOBAL ALTERNATIVES INC. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) (the “Company” or “TAAT®”) announces that, pursuant to directors’ resolutions, the Company will be consolidating all of its issued and outstanding share capital (the “Common Shares”) on the basis of every ten (10) old Common Shares into one (1) new Common Share (the “Share Consolidation”), effective October 3, 2023 (the “Record Date”).
  • As a result of the Share Consolidation, the issued and outstanding Common Shares will be reduced to approximately 11,556,246.
  • No fractional shares will be issued as a result of the Share Consolidation.
  • The exercise or conversion price and the number of Common Shares issuable under any of the Company’s outstanding convertible securities will be proportionately adjusted upon the Share Consolidation.

Looking Glass Labs Announces Share Consolidation

Retrieved on: 
Wednesday, September 27, 2023
Exercise, Indian stock exchange, European Union (Withdrawal) Act 2018, MAR, Exchange, FRA, Consolidation, OTC, ISIN, CUSIP, Glass, NEO, Security (finance), EU

VANCOUVER, British Columbia, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (AQSE: NFTX) (OTC: LGSLF) (FRA: H1N) is pleased to announce that it will be consolidating all of the issued and outstanding common shares ("Common Shares") of the Company on the basis of one (1) post-consolidation Common Share for each seventy-five (75) pre-consolidation Common Shares (the "Consolidation").

Key Points: 
  • VANCOUVER, British Columbia, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (AQSE: NFTX) (OTC: LGSLF) (FRA: H1N) is pleased to announce that it will be consolidating all of the issued and outstanding common shares ("Common Shares") of the Company on the basis of one (1) post-consolidation Common Share for each seventy-five (75) pre-consolidation Common Shares (the "Consolidation").
  • The Consolidation is expected to result in the number of issued and outstanding Common Shares being reduced from 148,937,668 pre-consolidation Common Shares to approximately 1,985,835 post-Consolidation Common Shares of no par value.
  • The Consolidation is subject to the receipt of all required regulatory approvals, including the approval of the Exchange.
  • The Directors of Looking Glass Labs take responsibility for this announcement.

Theratechnologies Reports Financial Results for the Third Quarter and Nine Months of Fiscal 2023 and Provides Business Updates

Retrieved on: 
Tuesday, September 26, 2023
Term Asset-Backed Securities Loan Facility, Exercise, Uncertainty, Interim, International, Marathon, Classification, Bank statement, Samsung Galaxy Note 7, Credit agreements in South Africa, Policy, Conversation, Financial statement, EDGAR, Element, Government, EBITDA, Corporation, Loan, Patient, Investment, MD, International Financial Reporting Standards, Marathon Asset Management, Consolidation, Condition subsequent, TSX, Growth, Depreciation, R, Adjustment, FDA, Letter, Ovarian cancer, Annual report, Pharmaceutical industry, Security (finance), Fine chemical, Cryptocurrency, Video game, Bank, Bookkeeping, Risk management

The MD&A and the unaudited consolidated financial statements can be found at www.sedarplus.ca , on EDGAR at www.sec.gov and at www.theratech.com .

Key Points: 
  • The MD&A and the unaudited consolidated financial statements can be found at www.sedarplus.ca , on EDGAR at www.sec.gov and at www.theratech.com .
  • Trogarzo® net sales in the third quarter of fiscal 2023 amounted to $7,672,000 compared to $7,935,000 for the same quarter of 2022, representing a decrease of 3.3% year-over-year.
  • As the other asset was fully amortized during fiscal 2022, amortization of the other asset in fiscal 2023 is nil.
  • There were no other significant financing activities or investing activities in the three and nine months ended August 31, 2023, and 2022.

JOINT NEWS RELEASE BUSCANDO RESOURCES CORP. AND EMERGENT WASTE SOLUTIONS INC.

Retrieved on: 
Monday, September 18, 2023
Interim, CSE, Model Business Corporation Act, Concurrency, EWS, Amalgamation, Canadian Securities Exchange, Nassau Interim Finance Authority, Transaction, Corporation, Consolidation, Name change, Security (finance), Bank, Finance, Buscando Una Sonrisa

Vancouver, B.C., Sept. 18, 2023 (GLOBE NEWSWIRE) --

Key Points: 
  • The Transaction will constitute a “Fundamental Change” of Buscando, as defined by the policies of Canadian Securities Exchange (the “CSE”).
  • The Transaction will result in a reverse takeover of the Company by the security holders of EWS.
  • In connection with the Transaction, Buscando will complete a consolidation of all its issued and outstanding securities on the basis of three old Buscando securities for one new Buscando security (the “Consolidation”).
  • Buscando also intends to change its name to “Emergent Waste International Inc.” (the “Name Change”) and will reconstitute its board of directors and management team as further described below.

Triple One Metals Inc. to acquire Bank Vault and Nickel Showing properties from Portsmouth Gold Corp.

Retrieved on: 
Monday, September 18, 2023
Unit, Vancouver Community College, CSE, Nickel, Placement, Chairperson, LOI, Triple One, Political science, Business administration, Acquisition, Automation, Columbia, Transaction, Consolidation, Mining, Simon Fraser University, Bank vault, Knowledge, Letter, Security (finance), Robotics

The Company will also assume the obligations of Portsmouth under certain option and royalty agreements related to the Properties, including an existing 2% net smelter return royalty on each of the Properties.

Key Points: 
  • The Company will also assume the obligations of Portsmouth under certain option and royalty agreements related to the Properties, including an existing 2% net smelter return royalty on each of the Properties.
  • It is contemplated that the Units will be distributed to the shareholders of Portsmouth, and as a result no new insiders of the Company will be created.
  • The Transaction is an arm’s length transaction and is not expected to require the approval of the Company’s shareholders.
  • Further details concerning the Transaction and other matters will be announced if and when a definitive agreement is reached.