Placement

ReGen III Provides General Update and Announces Convertible Debenture Offering

Retrieved on: 
Monday, October 30, 2023

Vancouver, British Columbia--(Newsfile Corp. - October 30, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQB: ISRJF) (FSE: PN4) ("ReGen III" or the "Company"), a leading clean technology company commercializing the ReGen™ patented process to recycle used motor oil ("UMO") into high-value Group III base oils, is pleased to provide the following corporate update.

Key Points: 
  • Throughout September and October, ReGen III entered into additional non-disclosure agreements.
  • Physical samples of ReGen III's Group III base oils were sent to these entities for their in-house laboratory testing.
  • ReGen III looks forward to receiving continued positive Group III synthetic base oil test results from the most recent sample recipients.
  • Each Unit will consist of a $1,000 in principal amount of unsecured convertible debenture (a "Debenture") and 1,000 common share purchase warrants of the Company (a "Warrant").

Alta Copper Announces Closing of Non-Brokered Private Placement

Retrieved on: 
Wednesday, November 1, 2023

VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Alta Copper Corp. (TSX: ATCU; OTCQX: ATCUF; BVL: ATCU) (“Alta Copper” or the “Company”) has closed the previously announced non-brokered private placement (the “Private Placement”).

Key Points: 
  • VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Alta Copper Corp. (TSX: ATCU; OTCQX: ATCUF; BVL: ATCU) (“Alta Copper” or the “Company”) has closed the previously announced non-brokered private placement (the “Private Placement”).
  • A total of 2,068,290 common shares (the “Common Shares”) were issued at a price of Cdn.
  • No warrants were included in the Private Placement.
  • The Private Placement remains subject to the final approval of the Toronto Stock Exchange.

Mercedes-Benz Announces Strategic Alliance with Simon® to Expand High-Power Charging Network

Retrieved on: 
Thursday, November 2, 2023

Further, this expansion of the Mercedes-Benz Charging Network to Simon locations will bring hundreds of construction jobs to the communities that they’re located in.

Key Points: 
  • Further, this expansion of the Mercedes-Benz Charging Network to Simon locations will bring hundreds of construction jobs to the communities that they’re located in.
  • This alliance represents one of Mercedes-Benz HPC NA’s initial steps towards fulfilling its promise of expanding the EV charging map in North America through a value-based approach.
  • Mercedes-Benz's initiatives to establish a high-power charging infrastructure also include the Europe-wide fast-charging network joint venture IONITY, which already comprises around 3,000 charging points, and the recently established joint venture with six other automotive OEMs to expand the North American high-power charging network.
  • The company's own Mercedes-Benz Charging Network consisting of branded charging hubs is the next important step in the company's electrification strategy.

LithiumBank Closes Oversubscribed Private Placement For Gross Proceeds of $3,500,000 With 27% Insider Participation; Receives Conditional Acceptance For the Intellectual Property License Agreement With G2l Greenview Resources

Retrieved on: 
Friday, October 20, 2023

CALGARY, Alberta, Oct. 20, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (the “Company” or “LithiumBank”) is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of $3,506,500 through the sale of 3,506,500 units ("Units") at a price of $1.00 per Unit (the "Private Placement"). Each Unit is comprised of one common share of the Company (a "Share") and one-half (1/2) of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase an additional Share at a price of $1.50 per Share for a period of 24 months from the date of issuance.

Key Points: 
  • The Private Placement is subject to final acceptance of the TSX Venture Exchange (the "TSXV").
  • Their participation accounted for over 27.66% of the proceeds from the Private Placement.
  • The Company is also pleased to announce following update regarding the previously announced intellectual property license agreement dated September 8, 2023 (the “License Agreement”) with G2L Greenview Resources Inc. (“G2L”), a subsidiary of Go2Lithium Inc.
  • The License Agreement and the issuance of the Consideration Shares remain subject to final TSXV approval.

X-ray Inspection System Market worth $1.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, October 24, 2023

The 2D segment in X-ray inspection systems are expected to dominate owing to versatility and the X-ray inspection system is well-suited for numerous applications in diverse industries, including electronics, automotive, aerospace, and food production.

Key Points: 
  • The 2D segment in X-ray inspection systems are expected to dominate owing to versatility and the X-ray inspection system is well-suited for numerous applications in diverse industries, including electronics, automotive, aerospace, and food production.
  • North America to dominate X-ray inspection system market during the forecast period.
  • North America is expected to dominate in the X-ray inspection system market during the forecast period.
  • Furthermore, the increasing adoption of X-ray inspection systems in manufacturing and quality control procedures is a significant driver of this growth.

Semtech Corporation Announces Pricing of Private Placement of $250 Million of New Convertible Senior Notes

Retrieved on: 
Friday, October 20, 2023

Semtech Corporation (Nasdaq: SMTC) (the “Company” or “Semtech”) today announced the pricing of $250 million in aggregate principal amount of its 4.00% convertible senior notes due 2028 (the “Notes”) to eligible purchasers in a private placement (the “Placement”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

Key Points: 
  • Semtech Corporation (Nasdaq: SMTC) (the “Company” or “Semtech”) today announced the pricing of $250 million in aggregate principal amount of its 4.00% convertible senior notes due 2028 (the “Notes”) to eligible purchasers in a private placement (the “Placement”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).
  • Semtech intends to use the net proceeds of the Placement, together with cash on hand, in order to prepay term loans outstanding under the Company’s senior credit facilities and to pay any fees and expenses relating thereto or to the Placement.
  • The Notes will mature on November 1, 2028, unless earlier converted, redeemed or repurchased.
  • No assurance can be made that the Placement will be consummated on its proposed terms or at all.

Semtech Corporation Announces Proposed Private Placement of $250 Million of Convertible Senior Notes

Retrieved on: 
Thursday, October 19, 2023

Semtech Corporation (Nasdaq: SMTC) (the “Company” or “Semtech”) today announced that, subject to market conditions, it intends to offer $250 million in aggregate principal amount of convertible senior notes due 2028 (the “Notes”) to eligible purchasers in a private placement (the “Placement”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

Key Points: 
  • Semtech Corporation (Nasdaq: SMTC) (the “Company” or “Semtech”) today announced that, subject to market conditions, it intends to offer $250 million in aggregate principal amount of convertible senior notes due 2028 (the “Notes”) to eligible purchasers in a private placement (the “Placement”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).
  • The Notes will be senior, unsecured obligations of Semtech, and will accrue interest payable semiannually in arrears.
  • The interest rate, the initial conversion rate and other terms of the Notes will be determined at the time of pricing of the Placement.
  • No assurance can be made that the Placement will be consummated on its proposed terms or at all.

PAN GLOBAL INCREASES PRIVATE PLACEMENT FINANCING FROM $2 MILLION TO $6 MILLION DUE TO STRONG DEMAND

Retrieved on: 
Thursday, October 19, 2023

VANCOUVER, BC, Oct. 19, 2023 /PRNewswire/ -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) announces today that due to strong demand the previously announced non-brokered private placement financing has been increased from $2 million to $6 million. (All dollar amounts in this media release refer to Canadian dollars.)

Key Points: 
  • /NOT FOR DISSEMINATION, RELEASE OR PUBLICATION IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/
    VANCOUVER, BC, Oct. 19, 2023 /PRNewswire/ -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSXV: PGZ) (OTCQX: PGZFF) announces today that due to strong demand the previously announced non-brokered private placement financing has been increased from $2 million to $6 million.
  • "The exceptional support from key existing and new investors places us in a strong position to advance exploration and resource delineation at our flagship Escacena Project in Southern Spain.
  • The proceeds from this financing are expected to fund the 2024 exploration program at the multi-target Escacena project and the La Romana Maiden Resource," said Tim Moody, Pan Global President and CEO.
  • Following the upsizing, the Company will now be issuing up to 30,000,000 Units for aggregate gross proceeds of up to $6 million.

MineHub Announces Closing of Private Placement

Retrieved on: 
Friday, October 13, 2023

Vancouver, British Columbia--(Newsfile Corp. - October 13, 2023) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company") is pleased to announce it has closed a non-brokered private placement (the "Private Placement") for total gross proceeds of C$1,500,120.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 13, 2023) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company") is pleased to announce it has closed a non-brokered private placement (the "Private Placement") for total gross proceeds of C$1,500,120.
  • The net proceeds of the Private Placement are for general working capital purposes.
  • All securities issued under the private placement are subject to a hold period of four months and one day from closing.
  • The Private Placement is subject to final TSX Venture Exchange ("TSXV") approval.

Almonty Placement of Common Share Units and CDI’s raises C$500,000, US$733,333 and A$550,000

Retrieved on: 
Friday, October 6, 2023

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that the Company has received firm commitments to raise gross proceeds of C$500,000, US$733,333 and A$550,000 via the issuance of 3,333,333 Placement Units and 1,078,433 million Placement Chess Depository Interests Units (“CDIs”) at C$0.45 per Placement Unit, US$0.33 per Placement Unit and A0.51 per CDI Unit (“Placement”).

Key Points: 
  • Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that the Company has received firm commitments to raise gross proceeds of C$500,000, US$733,333 and A$550,000 via the issuance of 3,333,333 Placement Units and 1,078,433 million Placement Chess Depository Interests Units (“CDIs”) at C$0.45 per Placement Unit, US$0.33 per Placement Unit and A0.51 per CDI Unit (“Placement”).
  • Lewis Black, the Company’s CEO will be investing C$500,000 and Dan D’Amato, a director of the Company, will be investing US$366,666.63 towards the Placement Units to be issued.
  • The Placement Units and Placement CDI’s issued will rank equally with existing CDI’s and Common Shares on issue.
  • Lewis Black, CEO of the Company, and Daniel D’Amato, a Director of the Company, will be subscribing for Units in the Private Placement.