Private placement agent

Lomiko Announces Private Placement of Units and Retirement of Executive Chair

Retrieved on: 
Thursday, November 23, 2023
Mining, Minerals, Natural Resources, TSX Venture Exchange, Private placement agent, First Nations, Policy, LMR, Mineral resource estimation, Graphite, Special, Private, Lithium, Offering, Security (finance)

Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the launch of a private placement (the "Private Placement") to support the Company's progress with its graphite and lithium projects in Quebec, Canada.

Key Points: 
  • Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the launch of a private placement (the "Private Placement") to support the Company's progress with its graphite and lithium projects in Quebec, Canada.
  • The Private Placement will consist of hard dollar units for gross proceeds of up to $500,000.
  • Pursuant to the Offering, the Company may issue up to 16,666,666 units (the "Units") of the Company at a price of $0.03 per unit.
  • Paul Gill will continue to serve as Executive Chair until the Company’s Annual and Special Meeting on December 20, 2023.

Mercury Securities Group Berhad's IPO Shares Oversubscribed By 45.45 Times

Retrieved on: 
Friday, September 8, 2023
Private, IPO, Mercury, Person, Bursa, Sale, Securities Commission Malaysia, Private placement agent, Securities Commission of New Zealand, MITI, Growth, Issued shares, Rare-earth element, Security (finance), Bumiputera

Mercury Securities' IPO comprising the following:

Key Points: 
  • Mercury Securities' IPO comprising the following:
    (i) public issue of 157,095,700 new ordinary shares in Mercury Securities ("Share(s)"), at an issue price of RM0.25 per Share, representing 17.59% of the enlarged issued Shares of Mercury Securities; and
    (ii) offer for sale of 71,512,300 existing Shares at an offer price of RM0.25 per Share, representing 8.01% of the enlarged issued Shares of Mercury Securities.
  • For the public portion, 7,957 applications for 1,508,338,900 Issue Shares were received, which represents an oversubscription rate of 66.56 times.
  • For the Bumiputera public portion, 4,969 applications for 565,774,500 Issue Shares were received, representing an oversubscription rate of 24.34 times.
  • Managing Director of Mercury Securities, Mr. Chew Sing Guan said, "We are deeply grateful for the enthusiastic response we've received from investors for our IPO.

NFI Completing Comprehensive Refinancing Plan

Retrieved on: 
Friday, August 25, 2023
BMO Capital Markets, John J. Moran Medium Security Facility, Private, Toronto Stock Exchange, Share (finance), Element, Equity (finance), Private placement, OTC, TSX, Private placement agent, Mortgage law, News, EDC, NFI, Commercial property, Security (finance), Financial services, Management, Colosseum

WINNIPEG, Manitoba, Aug. 25, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB, NFI.R) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, announced that it is in the process of completing all elements of its previously announced comprehensive refinancing plan (the “Refinancing Plan”) to raise total gross proceeds of approximately $444 million, with completion of closing expected later today.

Key Points: 
  • Gross Proceeds of $444 Million Positions NFI to Capitalize on Operational Recovery, Record Backlog and Market Demand
    All amounts shown in this press release are in U.S. dollars unless otherwise indicated
    WINNIPEG, Manitoba, Aug. 25, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB, NFI.R) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, announced that it is in the process of completing all elements of its previously announced comprehensive refinancing plan (the “Refinancing Plan”) to raise total gross proceeds of approximately $444 million, with completion of closing expected later today.
  • “The completion of this Refinancing Plan positions NFI to capitalize on our record $6.7 billion backlog and current unprecedented market demand, while remaining laser focused on operational execution,” said Paul Soubry, President and CEO of NFI.
  • NFI intends to issue a further news release later today to confirm completion of funding and closing of the Refinancing Plan.
  • “The Board, following detailed reviews and consultation with our financial and legal advisors, feels that the Refinancing Plan offers the best solutions for NFI and demonstrates the strong support of its shareholders.

RevoluGROUP Canada Inc. Welcomes Interim CEO and Director Gavin McMillan, CAD $1.5 Million Private Placement Led by Director Bernard Lonis, 7.6 Million Incentive Stock Options Granted, Update on HBDIG Subscription Agreement

Retrieved on: 
Thursday, August 24, 2023
Private placement agent, SEPA, Communication, Interim, IBAN, Marketing, Telecommunications, FINTRAC, TSX Venture Exchange, CAD, Fintech, SL, Government, Gesellschaft mit beschränkter Haftung, EUR, ICT, TMX Group, EP, Indian stock exchange, Warrant, White label, TSX, MSB, News, Security (finance), Retail

The Company also announces up to CAD $1.5 million private placement led by director Bernard Lonis, 7.6 million incentive stock options granted, as well as provides an update on the HBDIG subscription agreement.

Key Points: 
  • The Company also announces up to CAD $1.5 million private placement led by director Bernard Lonis, 7.6 million incentive stock options granted, as well as provides an update on the HBDIG subscription agreement.
  • Should the announced options be exercised in the term, the aggregate amount payable to the corporate treasury would be CAD $380,000.
  • As announced on July 11, the Company extended the subscription agreement in good faith and with TSX.V approval in 30 days.
  • The agreement extension expired on the 10th of August without HBDIG Technologies GmbH - Erik A. Lara Riveros, complying with the agreement signed.

ECN Capital and Skyline Champion Announce Strategic Relationship

Retrieved on: 
Monday, August 14, 2023
Partnership, Housing, Private placement agent, Private, Placement, Bank statement, Sale, US, Investment, ECN, Indian stock exchange, Hart–Scott–Rodino Antitrust Improvements Act, TSX, ECN Capital, SKY, Private placement, Conference, NYSE, Convertible, Security (finance), Retail, Life insurance, Triad

TORONTO and Troy, Mich., Aug. 14, 2023 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital”) and Skyline Champion Corporation (NYSE: SKY) (“Skyline Champion”) today announced that they have entered into a share subscription agreement (the “Subscription Agreement”) pursuant to which Skyline Champion has agreed to make an approximately C$185 million (US$138 million) equity investment in ECN Capital on a private placement basis (the “Private Placement”) in exchange for 33,550,000 common shares of ECN Capital (the “Common Shares”) and 27,450,000 mandatory convertible preferred shares, Series E of ECN Capital (“Convertible Preferred Shares”). Upon closing of the Private Placement, Skyline Champion is expected to beneficially own an approximately 19.9% interest in ECN Capital (assuming the conversion of all Convertible Preferred Shares).

Key Points: 
  • TORONTO and Troy, Mich., Aug. 14, 2023 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) (“ECN Capital”) and Skyline Champion Corporation (NYSE: SKY) (“Skyline Champion”) today announced that they have entered into a share subscription agreement (the “Subscription Agreement”) pursuant to which Skyline Champion has agreed to make an approximately C$185 million (US$138 million) equity investment in ECN Capital on a private placement basis (the “Private Placement”) in exchange for 33,550,000 common shares of ECN Capital (the “Common Shares”) and 27,450,000 mandatory convertible preferred shares, Series E of ECN Capital (“Convertible Preferred Shares”).
  • In connection with the Private Placement, ECN Capital and Skyline Champion will form a captive finance company that will be 51% owned by Skyline Champion and 49% owned by Triad Financial Services, Inc. (“Triad”), a wholly-owned subsidiary of ECN Capital.
  • "We are pleased to announce this new and expanded partnership with Skyline Champion, a leading participant in the North American manufactured housing sector”, said Steven Hudson, Chief Executive Officer of ECN Capital.
  • On closing, ECN Capital intends to appoint Mark Yost, President and Chief Executive Officer of Skyline Champion, to the Board of Directors of ECN Capital.

ECN Capital and Skyline Champion Announce Strategic Relationship

Retrieved on: 
Monday, August 14, 2023
Finance, Building Systems, Professional Services, Residential Building & Real Estate, Construction & Property, Partnership, Housing, Private placement agent, Private, Placement, Bank statement, Sale, US, Investment, ECN, Indian stock exchange, Hart–Scott–Rodino Antitrust Improvements Act, TSX, ECN Capital, SKY, TM Capital Corp., Private placement, Conference, NYSE, Convertible, Security (finance), Retail, Life insurance, Triad

ECN Capital Corp. (TSX: ECN) (“ECN Capital”) and Skyline Champion Corporation (NYSE: SKY) (“Skyline Champion”) today announced that they have entered into a share subscription agreement (the “Subscription Agreement”) pursuant to which Skyline Champion has agreed to make an approximately C$185 million (US$138 million) equity investment in ECN Capital on a private placement basis (the “Private Placement”) in exchange for 33,550,000 common shares of ECN Capital (the “Common Shares”) and 27,450,000 mandatory convertible preferred shares, Series E of ECN Capital (“Convertible Preferred Shares”).

Key Points: 
  • ECN Capital Corp. (TSX: ECN) (“ECN Capital”) and Skyline Champion Corporation (NYSE: SKY) (“Skyline Champion”) today announced that they have entered into a share subscription agreement (the “Subscription Agreement”) pursuant to which Skyline Champion has agreed to make an approximately C$185 million (US$138 million) equity investment in ECN Capital on a private placement basis (the “Private Placement”) in exchange for 33,550,000 common shares of ECN Capital (the “Common Shares”) and 27,450,000 mandatory convertible preferred shares, Series E of ECN Capital (“Convertible Preferred Shares”).
  • In connection with the Private Placement, ECN Capital and Skyline Champion will form a captive finance company that will be 51% owned by Skyline Champion and 49% owned by Triad Financial Services, Inc. (“Triad”), a wholly-owned subsidiary of ECN Capital.
  • "We are pleased to announce this new and expanded partnership with Skyline Champion, a leading participant in the North American manufactured housing sector,” said Steven Hudson, Chief Executive Officer of ECN Capital.
  • On closing, ECN Capital intends to appoint Mark Yost, President and Chief Executive Officer of Skyline Champion, to the Board of Directors of ECN Capital.

VERSES Announces Results of Special Meeting

Retrieved on: 
Wednesday, July 19, 2023
Artificial intelligence, Private placement agent, Private placement, CBOE, SEDAR, Security (finance)

VANCOUVER, British Columbia, July 18, 2023 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in the next generation of artificial intelligence, announces the voting results from its special meeting of the Class A Subordinate Voting shareholders (the “Class A Shareholders”) held on Monday, July 17, 2023 (the “Meeting”).

Key Points: 
  • VANCOUVER, British Columbia, July 18, 2023 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in the next generation of artificial intelligence, announces the voting results from its special meeting of the Class A Subordinate Voting shareholders (the “Class A Shareholders”) held on Monday, July 17, 2023 (the “Meeting”).
  • At the Meeting, the Class A Shareholders: (i) ratified the change of name of the common shares of the Company to Class A Subordinate Voting Shares, the creation of the Class B Proportionate Voting Shares of the Company and the addition of special rights and restrictions to the Class A Subordinate Voting Shares and the Class B Proportionate Voting Shares (the “Share Alteration”), which Share Alteration was previously approved by the shareholders of the Company on July 19, 2021 and made effective on July 20, 2021; (ii) and ratified subsequent restricted share private placement transactions conducted by the Company (the “Private Placements”); all on a majority of the minority basis.
  • For more details regarding the Share Alteration and the Private Placements, please see the Company’s information circular dated June 14, 2023 available on the Company’s profile on SEDAR at www.sedar.com.

Avalon Announces C$63M Strategic Investment by Sibelco to Create a Vertically Integrated Lithium Strategic Partnership in Ontario

Retrieved on: 
Thursday, June 15, 2023
Exercise, Ceramic, Partnership, Indian stock exchange, EV, Private, Earnings per share, Nymphaeaceae, AVL, Lithium, Private placement agent, Chief business development officer, Acquisition, European, TSX, Growth, Private placement, Snowbank fungus, Glass, Maturity, Security (finance), Rare-earth element, Debenture

This new joint venture is expected to accelerate Avalon's core business objective of building a mid-stream lithium-hydroxide processing facility in Ontario.

Key Points: 
  • This new joint venture is expected to accelerate Avalon's core business objective of building a mid-stream lithium-hydroxide processing facility in Ontario.
  • "This strategic partnership represents a significant step forward in scaling our business towards full vertical integration of our lithium production," said Scott Monteith, Chief Executive of Avalon.
  • "Sibelco's investment is a major vote of confidence in our vision, resources and capabilities by a respected and established international operator—and now partner."
  • "Our partnership with Avalon will focus both on the clean energy growth agenda and the technical glass and ceramics markets in which Sibelco has deep and time-tested expertise" Hilmar Rode, Sibelco Chief Executive Officer, said.

NFI announces completion of C$125 Million Offering of Subscription Receipts

Retrieved on: 
Tuesday, June 6, 2023
CCP, Exercise, Computershare, BMO Capital Markets, Private, National bank, Element, Sale, Private placement agent, National Bank of Canada, Subscription business model, CCM, Offering, OTC, Blackwell, International investment agreement, TSX, Private placement, Investment, Scotiabank, NFI, Security (finance), Commercial property, Colosseum

WINNIPEG, Manitoba, June 06, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, is pleased to announce the successful closing of the issue and sale of 15,102,950 subscription receipts (the “Subscription Receipts”) at a price of C$8.25 per Subscription Receipt, for gross proceeds of approximately C$125 million (approximately US$92 million) (the “Offering”).

Key Points: 
  • WINNIPEG, Manitoba, June 06, 2023 (GLOBE NEWSWIRE) -- (TSX: NFI, OTC: NFYEF, TSX: NFI.DB) NFI Group Inc. (“NFI” or the “Company”), a leading independent bus and coach manufacturer and a leader in electric mass mobility solutions, is pleased to announce the successful closing of the issue and sale of 15,102,950 subscription receipts (the “Subscription Receipts”) at a price of C$8.25 per Subscription Receipt, for gross proceeds of approximately C$125 million (approximately US$92 million) (the “Offering”).
  • The Offering included 1,969,950 Subscription Receipts issued pursuant to the exercise, in full, of an over-allotment option granted to the Underwriters by the Company.
  • Completion of the Refinancing Plan is expected to occur by the end of June 2023.
  • BMO Capital Markets acts as financial advisor and private placement agent in connection with the Private Placement.

Ameriwest Lithium Provides Corporate Update and Announces Appointment of New CFO and a New Marketing Agreement

Retrieved on: 
Thursday, May 25, 2023
Lithium, Exercise, Business development, CSE, University, Eli, Private, Marketing, Technical report, Little Smoky Valley, Property, Geology, FSE, Metallurgy, Accounting, Canadian Institute of Mining, Metallurgy and Petroleum, Petroleum, Private placement agent, Nova, Report, QP, Acquisition, Soil, National instrument, NI, ROW, Mining, OTC, CPA, Local marketing agreement, National Instrument 43-101, GFOP, News, Technical, Interior design, Security (finance), Uranium mining, Cryptocurrency

Ameriwest CEO, Mr. David Watkinson, stated “Ameriwest transformed into a lithium exploration and development company in 2021.

Key Points: 
  • Ameriwest CEO, Mr. David Watkinson, stated “Ameriwest transformed into a lithium exploration and development company in 2021.
  • Funds from the Private Placement are being utilized for the Company’s general corporate and working capital purposes during the next 12 months.
  • The Company is also pleased to announce the recent appointment of Robert Hill as the Company’s Chief Financial Officer.
  • On January 31, 2023, Ameriwest announced it had completed a mineral property option agreement with Nova Lithium Corp. (“Nova”).