Regulation

HydroGraph Closes Final Tranche of Oversubscribed Private Placement

Retrieved on: 
Monday, April 8, 2024
Indian stock exchange, Growth, Exercise, Offering, Common, Warrant, Sale, Regulation, News, Hydrograph, Innovation system, Unit, Security (finance)

VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) is pleased to announce that the Company has completed the final tranche (the “Final Tranche”) of its non-brokered private placement (the “Offering”), previously announced on Oct. 30, 2023. Pursuant to the Final Tranche, the Company issued an aggregate of 11,825,000 units of the Company (the “Units”) for aggregate gross proceeds of C$1,182,500. The Units were offered in U.S. dollars and Canadian dollars at the respective prices of US$0.074 and C$0.10. In total, HydroGraph sold and issued an aggregate of 31,711,856 Units for gross proceeds of approximately C$3.17 million pursuant to the Offering.     

Key Points: 
  • Not for distribution to U.S. newswire services or dissemination in the United States
    VANCOUVER, British Columbia, April 08, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) is pleased to announce that the Company has completed the final tranche (the “Final Tranche”) of its non-brokered private placement (the “Offering”), previously announced on Oct. 30, 2023.
  • Pursuant to the Final Tranche, the Company issued an aggregate of 11,825,000 units of the Company (the “Units”) for aggregate gross proceeds of C$1,182,500.
  • The Units were offered in U.S. dollars and Canadian dollars at the respective prices of US$0.074 and C$0.10.
  • In total, HydroGraph sold and issued an aggregate of 31,711,856 Units for gross proceeds of approximately C$3.17 million pursuant to the Offering.

DMG Blockchain Solutions Announces March Mining Results

Retrieved on: 
Friday, April 5, 2024
Conference, Regulation, DMG, TSX, Ecosystem, Government, Policy, Mining, Cryptocurrency

VANCOUVER, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and data center technology company, announces March 2024 preliminary mining results: DMG mined 49.8 bitcoin with 1.0 EH/s realized hashrate.

Key Points: 
  • VANCOUVER, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB US: DMGGF) (FRANKFURT: 6AX) (“DMG” or the “Company”), a vertically integrated blockchain and data center technology company, announces March 2024 preliminary mining results: DMG mined 49.8 bitcoin with 1.0 EH/s realized hashrate.
  • DMG’s bitcoin balance as of March 31, 2024 was 446 bitcoin.
  • DMG Management at the DigitalABC's First Annual Blockchain Law, Regulation and Policy Conference on April 8 in Ottawa, Canada
    DMG management will appear on panel discussions for the first annual Blockchain Law, Regulation and Policy Conference & Reception held on April 8, 2024 at the Sheraton Ottawa, organized by the Digital Asset Business Council (DigitalABC) as well as the Canadian Blockchain Consortium.
  • Key topics to be addressed include the direction of crypto asset mining in Canada, taxation matters related to crypto mining, the role of government in the digital assets ecosystem as well as emerging trends.

Bombardier Announces Closing of its New Issuance of Senior Notes due 2031

Retrieved on: 
Thursday, April 4, 2024
Bombardier Inc., Sale, Regulation, Senior, Prospectus, Note, Debt-to-GDP ratio, Bombardier, Hand, Person

MONTRÉAL, April 04, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has successfully closed its previously announced offering of US$750 million aggregate principal amount of Senior Notes due 2031 (the “New Notes”).

Key Points: 
  • MONTRÉAL, April 04, 2024 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has successfully closed its previously announced offering of US$750 million aggregate principal amount of Senior Notes due 2031 (the “New Notes”).
  • The New Notes carry a coupon of 7.250% per annum, mature on July 1, 2031 and were sold at 99.75% of par.
  • The New Notes mentioned herein were offered and sold in the United States only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act and outside the United States in reliance on Regulation S under the U.S. Securities Act.
  • The New Notes were offered and sold in Canada on a private placement basis only to “accredited investors” pursuant to certain prospectus exemptions.

Sportsman's Warehouse Holdings, Inc. Announces Fourth Quarter and Fiscal Year 2023 Financial Results

Retrieved on: 
Wednesday, April 3, 2024
Shooting, Merchandising, Regulation S-K, Clothing, Regulation, Public expenditure, Security (finance), Overalls, Adjustment, Investment, Depreciation, GAAP, Income tax, Marketing, Footwear, Hand

Same store sales decreased 12.8% on a 13-week comparable basis, compared with the prior year fourth quarter.

Key Points: 
  • Same store sales decreased 12.8% on a 13-week comparable basis, compared with the prior year fourth quarter.
  • Net loss was $(8.7) million, compared to net income of $11.0 million in the fourth quarter of fiscal year 2022.
  • Adjusted net loss was $(7.5) million compared to adjusted net income of $12.7 million in the fourth quarter of fiscal year 2022 (see “GAAP and Non-GAAP Measures”).
  • Same store sales decreased 14.4% during fiscal year 2023 compared to fiscal year 2022, excluding the extra week of sales in fiscal 2023.

Griffin Global Asset Management Announces Closing of $400 Million Senior Unsecured Notes Offering

Retrieved on: 
Wednesday, April 3, 2024
Sale, Regulation, Acquisition, Person, Security (finance)

DUBLIN, Ireland, April 03, 2024 (GLOBE NEWSWIRE) -- Griffin Global Asset Management (“Griffin”) announces the successful closing by GGAM Finance Ltd. of an offering of an aggregate principal amount of $400 million senior unsecured notes.

Key Points: 
  • DUBLIN, Ireland, April 03, 2024 (GLOBE NEWSWIRE) -- Griffin Global Asset Management (“Griffin”) announces the successful closing by GGAM Finance Ltd. of an offering of an aggregate principal amount of $400 million senior unsecured notes.
  • The offering comprises $400 million of 6.875% senior unsecured notes due 2029 (the “Notes”).
  • The Notes will be guaranteed by Griffin Global Asset Management Holdings, Ltd. and certain of its subsidiaries.
  • John Beekman, Griffin CFO, commented: “We are delighted to announce the closing of our latest unsecured notes offering.

CancerVax Launches $5 Million Funding Round

Retrieved on: 
Wednesday, April 3, 2024
CancerVax, Research, UCLA, Regulation, Cancer, Online shopping

Lehi, Utah, April 03, 2024 (GLOBE NEWSWIRE) -- CancerVax, Inc., developer of a breakthrough Universal Cancer Vaccine treatment that will use the body’s immune system to fight cancer, today announced that its Reg A+ offering has been qualified by the SEC allowing the Company to formally launch a funding round of up to $5 million.

Key Points: 
  • Lehi, Utah, April 03, 2024 (GLOBE NEWSWIRE) -- CancerVax, Inc., developer of a breakthrough Universal Cancer Vaccine treatment that will use the body’s immune system to fight cancer, today announced that its Reg A+ offering has been qualified by the SEC allowing the Company to formally launch a funding round of up to $5 million.
  • Proceeds from the SEC qualified Reg A+ offering will be used by the Company to continue work on its breakthrough cancer treatments.
  • CancerVax CEO, Byron Elton said, “We are very excited about the Company’s progress to date.
  • Thus far, we’ve raised $3.3 million of seed funding and plan to raise an additional $5 million to further the development of our novel cancer treatments.”
    The offering is available to the general public.

Mattr Corp. Announces Closing of C$175 Million Unsecured Note Financing

Retrieved on: 
Tuesday, April 2, 2024
TD Securities, Offering, Sale, Regulation, TSX, Note, Security (finance)

TORONTO, April 02, 2024 (GLOBE NEWSWIRE) --  Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) confirmed today that it has successfully closed its previously announced private offering (the “Offering”) of C$175 million aggregate principal amount of 7.25% senior unsecured notes due 2031 (the “Notes”).

Key Points: 
  • TORONTO, April 02, 2024 (GLOBE NEWSWIRE) --  Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR) confirmed today that it has successfully closed its previously announced private offering (the “Offering”) of C$175 million aggregate principal amount of 7.25% senior unsecured notes due 2031 (the “Notes”).
  • As previously stated, the Company will utilize proceeds of the Offering to fund the redemption of its outstanding 9.00% senior unsecured notes due 2026 (“2026 Notes”), to pay fees and expenses related to the Offering and for general corporate purposes.
  • The Offering was underwritten by a syndicate of underwriters, led by National Bank Financial Markets and TD Securities.
  • The Notes were offered for sale in Canada to accredited investors on a private placement basis, in accordance with Canadian securities laws.

Study Highlights Overwhelming Support for Identity Verification to Combat Misinformation on Social Media Platforms

Retrieved on: 
Tuesday, April 2, 2024
Trust, KYC, Social media, Behavior, Mawhinney, Knowledge, News, Regulation, KYB, Communication, Safety

The Media.com study indicates that 60% of social media users advocate for mandatory user identity verification to deter the spread of fake news by imposters and automated bots.

Key Points: 
  • The Media.com study indicates that 60% of social media users advocate for mandatory user identity verification to deter the spread of fake news by imposters and automated bots.
  • Additionally, 67% are more likely to trust platforms that require proof of identity for verified users.
  • “Although some social media companies such as X (formerly Twitter) offer a form of profile verification for users who pay for it, many people want a more stringent level of identity verification,” comments Media.com founder and CEO James Mawhinney.
  • The study finds that misinformation is not only prevalent, with 40% encountering it occasionally and 11% frequently, but also significantly impacts user perception and behavior.

Vital Energy Prices Upsized Offering of $200.0 Million of Senior Notes

Retrieved on: 
Monday, April 1, 2024
Offering, Sale, Regulation, Indenture, OK, Tender offer, Person, Security (finance)

TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced the pricing of its previously announced private placement offering (the “Offering”), upsized to $200.0 million in aggregate principal amount, of 7.875% senior notes due 2032 (the “senior notes”) at 100.75% of par, plus accrued and unpaid interest from March 28, 2024, in a private placement to eligible purchasers.

Key Points: 
  • TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced the pricing of its previously announced private placement offering (the “Offering”), upsized to $200.0 million in aggregate principal amount, of 7.875% senior notes due 2032 (the “senior notes”) at 100.75% of par, plus accrued and unpaid interest from March 28, 2024, in a private placement to eligible purchasers.
  • The senior notes will be senior unsecured obligations of the Company and will be guaranteed on a senior unsecured basis by Vital Midstream Services, LLC, a subsidiary of the Company, and certain of its future subsidiaries.
  • The senior notes are being offered as additional notes under the indenture dated as of March 28, 2024 (the “Indenture”), pursuant to which the Company has previously issued $800.0 million aggregate principal amount of 7.875% senior notes due 2032 (the “existing notes”).
  • The senior notes have substantially identical terms, other than the issue date and issue price, as the existing notes, and the senior notes and the existing notes will be treated as a single class of securities under the Indenture and will vote together as a single class.

Vital Energy Announces Offering of $100.0 Million of Senior Notes

Retrieved on: 
Monday, April 1, 2024
Sale, Regulation, Indenture, OK, Tender offer, Person, Security (finance)

TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced that it intends to offer (the “Offering”), subject to market and other conditions, $100.0 million in aggregate principal amount of 7.875% senior notes due 2032 (the “senior notes”) in a private placement to eligible purchasers.

Key Points: 
  • TULSA, OK, April 01, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc., a Delaware corporation (NYSE: VTLE) (“Vital Energy” or the “Company”), today announced that it intends to offer (the “Offering”), subject to market and other conditions, $100.0 million in aggregate principal amount of 7.875% senior notes due 2032 (the “senior notes”) in a private placement to eligible purchasers.
  • The senior notes will be senior unsecured obligations of the Company and will be guaranteed on a senior unsecured basis by Vital Midstream Services, LLC, a subsidiary of the Company, and certain of its future subsidiaries.
  • The senior notes are being offered as additional notes under the indenture dated as of March 28, 2024 (the “Indenture”), pursuant to which the Company has previously issued $800.0 million aggregate principal amount of 7.875% senior notes due 2032 (the “existing notes”).
  • The senior notes have substantially identical terms, other than the issue date and issue price, as the existing notes, and the senior notes and the existing notes will be treated as a single class of securities under the Indenture and will vote together as a single class.