Private placement

Cielo Announces Closing of First Tranche of Private Placement of Convertible Debenture Units

Retrieved on: 
Monday, March 11, 2024

CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the first tranche (“Tranche 1”) of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement"). The Company anticipates that it will close subsequent tranches of the Private Placement in the coming weeks.

Key Points: 
  • CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the first tranche (“Tranche 1”) of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement").
  • The Company anticipates that it will close subsequent tranches of the Private Placement in the coming weeks.
  • “The closing of this first tranche of our Private Placement represents a great start to reaching the targeted proceeds,” said Ryan Jackson, Cielo’s CEO.
  • Pursuant to the closing Tranche 1, the Company issued 560 Convertible Debenture Units for gross proceeds of C $560,000, consisting of 560 Convertible Debentures and 1,400,000 Warrants.

Pan American Closes First Tranche of Private Placement for Total Proceeds of C$900,000

Retrieved on: 
Thursday, March 7, 2024

CALGARY, Alberta, March 07, 2024 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTCQB: PAANF) (FRA: SS60) is pleased to announce that it has closed the first tranche (the “First Tranche”) of its previously announced non-brokered private placement financing (the “Private Placement”) for gross proceeds to the Company of C$898,749.88.

Key Points: 
  • CALGARY, Alberta, March 07, 2024 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTCQB: PAANF) (FRA: SS60) is pleased to announce that it has closed the first tranche (the “First Tranche”) of its previously announced non-brokered private placement financing (the “Private Placement”) for gross proceeds to the Company of C$898,749.88.
  • The Company intends to use the net proceeds of the Private Placement for general and administrative expenditures and to fund expenditures with respect to the Company’s Horizon Lithium Property.
  • Because the Private Placement is being completed pursuant to the LIFE Exemption, the securities issued to subscribers in the Private Placement are not subject to mandatory resale restrictions in accordance with applicable Canadian securities laws.
  • This offering document contains additional detail regarding the Private Placement, including additional detail regarding the expected use of proceeds from the Private Placement.

Applied Therapeutics Reports Fourth Quarter and Year-end 2023 Financial Results

Retrieved on: 
Wednesday, March 6, 2024

The FDA also noted that it is planning to hold an advisory committee meeting to discuss the application.

Key Points: 
  • The FDA also noted that it is planning to hold an advisory committee meeting to discuss the application.
  • Govorestat was previously granted Pediatric Rare Disease designation and will qualify for a Priority Review Voucher (PRV) upon approval.
  • The Company expects a decision by the EMA in the fourth quarter of 2024.
  • Full study results will be presented at an upcoming medical conference, along with results of the Diabetic Peripheral Neuropathy sub-study, which are still being analyzed.

ThreeD Capital Inc. Announces Private Placement with Sariel Diagnostics Corp.

Retrieved on: 
Tuesday, March 5, 2024

TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a proposed private placement (the “Private Placement”) with Sariel Diagnostics Corp. (“Sariel”), a privately held corporation existing under the laws of the Province of British Columbia.

Key Points: 
  • TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) (OTCQB:IDKFF), a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce a proposed private placement (the “Private Placement”) with Sariel Diagnostics Corp. (“Sariel”), a privately held corporation existing under the laws of the Province of British Columbia.
  • Per the terms of the Private Placement, ThreeD will acquire 3,750,000 common shares of Sariel at a price of $0.02 per share.
  • In consideration, ThreeD will issue an aggregate of 150,000 common shares of the Company at a deemed price of $0.50 per common share.
  • The Private Placement remains subject to the approval of the Canadian Securities Exchange.

Applied Therapeutics Announces $100 Million Private Placement

Retrieved on: 
Wednesday, February 28, 2024

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Applied Therapeutics, Inc. (Nasdaq: APLT), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, today announced that it has entered into a securities purchase agreement for a private placement of $100 million of equity.

Key Points: 
  • The Private Placement is expected to result in gross proceeds to the Company of approximately $100 million, before deducting placement agent commissions and other offering expenses.
  • The Private Placement is expected to close on or about March 1, 2024, subject to the satisfaction of customary closing conditions.
  • Additional details regarding the Private Placement will be included in a Form 8-K to be filed by the Company with the Securities and Exchange Commission (“SEC”).
  • Leerink Partners, RBC Capital Markets, Baird, and UBS Investment Bank acted as placement agents in the transaction (the “Placement Agents”).

Silver Bull Provides Update on Its Arbitration Claim Against Mexico

Retrieved on: 
Tuesday, February 27, 2024

VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (“Silver Bull” or the “Company”) provides an update on progress with its international arbitration claim against the United Mexican States (“Mexico”).

Key Points: 
  • VANCOUVER, British Columbia, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (“Silver Bull” or the “Company”) provides an update on progress with its international arbitration claim against the United Mexican States (“Mexico”).
  • The evaluation is underway and will serve as the foundation for determining the value of Silver Bull’s claim against Mexico.
  • Silver Bull anticipates filing its Memorial in May 2024, with the Arbitration hearing slated for October 2025.
  • Any forward-looking statements in this document are intended to provide Silver Bull security holders and potential investors with information regarding Silver Bull, including management's assessment of Silver Bull’s future plans and financial outlook.

OROCO COMPLETES FINAL CLOSING OF NON-BROKERED PRIVATE PLACEMENTS

Retrieved on: 
Tuesday, February 20, 2024

Vancouver, Canada, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce the closing of a non-brokered private placement (the “Private Placement”) raising net proceeds of $1,028,000 through the sale of 2,570,000 units at a price of $0.40 per unit.

Key Points: 
  • Vancouver, Canada, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce the closing of a non-brokered private placement (the “Private Placement”) raising net proceeds of $1,028,000 through the sale of 2,570,000 units at a price of $0.40 per unit.
  • Each share purchase warrant entitles the holder to purchase one share at the price of $0.65 per share for a period of 18 months from closing.
  • Commenting on the Private Placement, Richard Lock, CEO, stated: “In completing our recent series of private placements, we are very pleased to have exceeded our overall funding goal of five million dollars, despite the highly adverse market conditions.
  • The Private Placement was carried out under prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange.

ZK International Group Co., Ltd. and The CF Opportunity Fund Complete the Second Tranche of the $5 Million Financing Priced at $1.58 per Share

Retrieved on: 
Tuesday, February 20, 2024

On November 27, 2023, ZK International sealed a securities purchase agreement (the "Agreement") with CF Opportunity Fund Ltd.

Key Points: 
  • On November 27, 2023, ZK International sealed a securities purchase agreement (the "Agreement") with CF Opportunity Fund Ltd.
  • Under this Agreement, the Investor committed to purchasing and the Company agreed to issue and sell US$5 million of ordinary shares of the Company (the "Private Placement").
  • Mr. Jiancong Huang, Chairman and CEO of ZK International Group, commented on the milestone: "We are pleased to announce the receipt of the second subscription in our $5 million private placement.
  • Through cutting-edge R&D, strategic expansion, and a relentless pursuit of excellence, we are positioning ZK International for future growth and success."

Carbeeza Inc. Announces Private Placement Extension

Retrieved on: 
Friday, February 16, 2024

The TSX Venture Exchange (the "Exchange") has approved an extension to close the non-brokered private placement (the "Private Placement"), announced on November 30 and December 1, 2023, of up to 20,000,000 units of the Company ("Units") at a price of $0.10 per Unit for gross proceeds of up to $2,000,000 (the "Offering").

Key Points: 
  • The TSX Venture Exchange (the "Exchange") has approved an extension to close the non-brokered private placement (the "Private Placement"), announced on November 30 and December 1, 2023, of up to 20,000,000 units of the Company ("Units") at a price of $0.10 per Unit for gross proceeds of up to $2,000,000 (the "Offering").
  • The Private Placement is expected to close on or around March 14, 2024 or such earlier date as may be determined by the directors of the Company.
  • The closing of the Private Placement is subject to regulatory approval including but not limited to, the approval of the Exchange.
  • Using state-of-the-art technology, Carbeeza brings the process of buying a car right to the phone, tailor-made for the consumer.

German ClimateTech Company econnext AG Launches Private Placement to Accredited Investors in United States on the Invest.Green platform

Retrieved on: 
Wednesday, February 14, 2024

FRANKFURT, Germany, Feb. 14, 2024 /PRNewswire/ -- econnext AG , the German parent of a group of operating climate tech companies, today announced a private placement to accredited investors in the United States.

Key Points: 
  • FRANKFURT, Germany, Feb. 14, 2024 /PRNewswire/ -- econnext AG , the German parent of a group of operating climate tech companies, today announced a private placement to accredited investors in the United States.
  • Invest.Green will be the platform for this private placement.
  • "We are excited to bring the econnext opportunity to accredited investors in the US and we are pleased to be marketing our offering via the Invest.Green platform.
  • The securities of econnext AG are exclusively offered to prospective investors in the United States that are accredited investors as defined in Regulation D under the Securities Act.