Offering

FuelPositive Welcomes Deputy Minister of Agriculture and Agri-Food Canada to Facility in Waterloo and Announces Non-Brokered Private Placement

Retrieved on: 
Thursday, April 4, 2024

"Deputy Minister Beck recently visited our team at our new facility during her visit to the Kitchener-Waterloo region.

Key Points: 
  • "Deputy Minister Beck recently visited our team at our new facility during her visit to the Kitchener-Waterloo region.
  • Deputy Minister Beck was joined by Alec Nicholls, Director General, Agriculture and Agri-Food Canada, Melissa Reginato, Senior Markets and Trade, Agriculture and Agri-Food Canada and Hadley Carpenter, Regional Director, Agriculture and Agri-Food Canada, who was instrumental in organizing the visit.
  • Our technology embodies the spirit of progress and collaboration and showcases Canada's leadership in pioneering solutions that address pressing global challenges.
  • The governmental visit was a valuable opportunity for the FuelPositive team to engage in meaningful discussions with Deputy Minister Beck.

Zhibao Technology Inc. Announces Closing of Initial Public Offering

Retrieved on: 
Wednesday, April 3, 2024

Shanghai, China, April 03, 2024 (GLOBE NEWSWIRE) -- Zhibao Technology Inc. (Nasdaq: “ZBAO” or the “Company”), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the closing of its initial public offering ("Offering”) of 1,500,000 Class A ordinary shares at a public offering price of $4.00 per Class A ordinary share for aggregate gross proceeds of $6,000,000, before deducting underwriting discounts and offering expenses.

Key Points: 
  • Shanghai, China, April 03, 2024 (GLOBE NEWSWIRE) -- Zhibao Technology Inc. (Nasdaq: “ZBAO” or the “Company”), a leading and high growth InsurTech company primarily engaging in providing digital insurance brokerage services through its operating entities in China, today announced the closing of its initial public offering ("Offering”) of 1,500,000 Class A ordinary shares at a public offering price of $4.00 per Class A ordinary share for aggregate gross proceeds of $6,000,000, before deducting underwriting discounts and offering expenses.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 225,000 Class A ordinary shares to cover the over-allotment at the public offering price, less underwriting discounts and commissions.
  • The Class A ordinary shares began trading on the Nasdaq Capital Market on April 2, 2024 under the symbol "ZBAO."
  • In addition, a copy of the final prospectus relating to the Offering may be obtained via the SEC's website at www.sec.gov .

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

Retrieved on: 
Tuesday, April 2, 2024

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.

Cerro de Pasco Resources Closes a Subscription Receipt and Private Placement for a total of $2,845,000

Retrieved on: 
Tuesday, April 2, 2024

MONTRÉAL, April 02, 2024 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCPK: GPPRF) (FRA: N8HP) (“CDPR” or the “Corporation”) is pleased to announce that further to its news release of March 22, 2024, it has closed a second tranche of its previously announced non-brokered private placement offering of subscription receipts to cover the fee payable in relation to the Legal Easement (the “Easement”). Upon publication of the Supreme Resolution granting the Easement, CDPR will pay SOL 3,647,402.44 or approximately CAD 1,350,000 to a specific bank account of Banco de la Nacion. The two-year Easement will provide CDPR with access to the surface areas corresponding to its El Metalurgista Concession and the Quiulacocha Tailings Project, enabling the Corporation to initiate its 40-hole drilling campaign.

Key Points: 
  • The Quiulacocha Tailings Storage Facility is comprised of processing residues that came from the Cerro de Pasco open pit and underground mine.
  • Under the second tranche, the Corporation has sold 10,150,000 subscription receipts of the Corporation (the “Subscription Receipts”) at a price of $0.10 per Subscription Receipt for aggregate gross proceeds of $1,015,000.
  • In total, the Corporation raised aggregate gross proceeds of $2,560,000 and issued 25,600,000 Subscription Receipts (the “Offering”).
  • Upon the satisfaction of the Release Conditions, 1) each Subscription Receipt will automatically be converted into a unit of the Corporation (“Unit”).

Zhibao Technology Inc. Announces Pricing of Initial Public Offering

Retrieved on: 
Tuesday, April 2, 2024

The offering is expected to close on April 3, 2024, subject to customary closing conditions.

Key Points: 
  • The offering is expected to close on April 3, 2024, subject to customary closing conditions.
  • EF Hutton LLC is acting as the sole book-running manager for the Offering.
  • The Offering is being made only by means of a prospectus, forming part of the effective registration statement.
  • In addition, a copy of the final prospectus, when available, relating to the Offering may be obtained via the SEC's website at www.sec.gov .

SONORO GOLD CLOSES OVER-SUBSCRIBED $1 MILLION NON-BROKERED PRIVATE PLACEMENT

Retrieved on: 
Tuesday, April 2, 2024

VANCOUVER, Canada, April 02, 2024 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce that it has closed the final tranche of its over-subscribed non-brokered private placement (the “Offering”) for additional gross proceeds of C$616,079.

Key Points: 
  • VANCOUVER, Canada, April 02, 2024 (GLOBE NEWSWIRE) -- Sonoro Gold Corp. (TSXV: SGO | OTCQB: SMOFF | FRA: 23SP) (“Sonoro” or the “Company”) is pleased to announce that it has closed the final tranche of its over-subscribed non-brokered private placement (the “Offering”) for additional gross proceeds of C$616,079.
  • Each Unit consists of one Sonoro common share and one common share purchase warrant.
  • Each warrant entitles the holder thereof to purchase one additional Sonoro common share for a period of three years from the closing of the private placement at an exercise price of C$0.07 per share.
  • The net proceeds from the Offering will be used to fund the ongoing development of the Company’s Cerro Caliche gold project in Sonora, Mexico.

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

Retrieved on: 
Monday, April 1, 2024

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.

U-BX Technology Ltd. Announces Closing of $10 Million Initial Public Offering

Retrieved on: 
Monday, April 1, 2024

Beijing, April 01, 2024 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (the “Company” or “UBXG”), an artificial intelligence-driven value-added services and products provider to insurance carriers, today announced the closing of its initial public offering (the "Offering") of 2,000,000 ordinary shares (the "Ordinary Shares") at an initial public offering price of $5.00 per share for total gross proceeds of $10,000,000, before deducting underwriting discounts and other offering expenses.

Key Points: 
  • Beijing, April 01, 2024 (GLOBE NEWSWIRE) -- U-BX Technology Ltd. (the “Company” or “UBXG”), an artificial intelligence-driven value-added services and products provider to insurance carriers, today announced the closing of its initial public offering (the "Offering") of 2,000,000 ordinary shares (the "Ordinary Shares") at an initial public offering price of $5.00 per share for total gross proceeds of $10,000,000, before deducting underwriting discounts and other offering expenses.
  • The Offering closed on April 1, 2024, and the Ordinary Shares began trading on Nasdaq Capital Market on March 28, 2024, under the ticker symbol "UBXG".
  • The Company has granted EF Hutton LLC (“EF Hutton”), the underwriter, an option to purchase up to an additional 300,000 Ordinary Shares at the public offering price, less underwriting discounts, to cover the over-allotments, if any, exercisable within 45 days from the closing date of the Offering.
  • EF Hutton acted as the sole bookrunner for the Offering.

EV Nickel Announces Closing of $5.12 Million Flow-Through Financing

Retrieved on: 
Thursday, March 28, 2024

TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- EV NICKEL INC. (TSX-V: EVNI) ("EVNi" or the "Company") is pleased to announce that it has closed its previously announced private placement of flow-through common shares for aggregate proceeds of $5,119,750 (the "Offering"). The Offering was led by PowerOne Capital Markets Limited and Clarus Securities Inc. (the “Agents”).

Key Points: 
  • The Offering was led by PowerOne Capital Markets Limited and Clarus Securities Inc. (the “Agents”).
  • "We are very appreciative for the strong interest in this financing, which will be utilized by the company to further develop our high grade and large-scale nickel resources.
  • Together with the funds raised from recent warrant exercises, the Company is well capitalized and is in active preparation for its upcoming work program."
  • The Premium Flow-Through Shares and the Flow-Through Shares will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)).

Spirit Blockchain Capital Closes Initial Tranche of Private Placement

Retrieved on: 
Thursday, March 28, 2024

Vancouver, March 28, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital (“SBC” or the “Company”) (CSE: SPIR), is pleased to announce it has closed the first tranche of its previously announced non-brokered private placement (the “Offering”) of units (“Units”) and convertible promissory notes (“Notes”) for aggregate gross proceeds of $550,000.

Key Points: 
  • Vancouver, March 28, 2024 (GLOBE NEWSWIRE) -- Spirit Blockchain Capital (“SBC” or the “Company”) (CSE: SPIR), is pleased to announce it has closed the first tranche of its previously announced non-brokered private placement (the “Offering”) of units (“Units”) and convertible promissory notes (“Notes”) for aggregate gross proceeds of $550,000.
  • Under the initial tranche, SBC issued and sold 2,200,000 Units at a price per Unit of $0.05 per Unit for proceeds of $110,000 and $440,000 principal amount of Notes.
  • Each Unit consists of one common share of SBC (each, a “Common Share”) and one half of one common share purchase warrant (each whole warrant, a “Warrant”).
  • Each Warrant is exercisable to acquire one Common Share for a period of 24 months at an exercise price of $0.18 per Common Share.