Offering

PROREIT Announces $35 million Public Offering of Convertible Debentures

Retrieved on: 
Wednesday, May 17, 2023

MONTRÉAL, May 17, 2023 (GLOBE NEWSWIRE) -- PRO Real Estate Investment Trust (TSX: PRV.UN) (“PROREIT” or the “REIT”) announced today that it has entered into an agreement with a syndicate of underwriters co-led by TD Securities Inc. and Scotiabank (collectively, the “Underwriters”), pursuant to which the Underwriters will purchase $35 million aggregate principal amount of 8.00% convertible unsecured subordinated debentures (the “Debentures”) due June 30, 2028 at a price of $1,000 per Debenture (the “Offering”). PROREIT has also granted to the Underwriters an over-allotment option to purchase up to an additional $5,250,000 aggregate principal amount of Debentures at the same price, exercisable in whole or in part at any time for a period of up to 30 days following closing of the Offering, to cover over-allotments.

Key Points: 
  • PROREIT will use the net proceeds of the Offering to partially repay existing debt currently drawn on the REIT's operating facility and for general business and working capital purposes.
  • The Debentures will be direct, unsecured obligations of PROREIT, subordinated to other senior indebtedness of PROREIT.
  • Subject to specified conditions, PROREIT will have the right to repay the outstanding principal amount of the Debentures, on maturity or redemption, through the issuance of Units.
  • PROREIT will also have the option to satisfy its obligation to pay interest through the issuance and sale of Units.

GFL Environmental Inc. Announces Secondary Offering of 14,084,507 Subordinate Voting Shares by Selling Shareholders

Retrieved on: 
Wednesday, May 17, 2023

VAUGHAN, ON, May 17, 2023 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that BCEC-GFL Borrower (Cayman) LP, OTPP Environmental Services Trust, GFL Borrower II (Cayman) LP and Poole Private Capital, LLC (collectively, the "Selling Shareholders") intend to offer for sale 14,084,507 subordinate voting shares (the "Shares").

Key Points: 
  • VAUGHAN, ON, May 17, 2023 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that BCEC-GFL Borrower (Cayman) LP, OTPP Environmental Services Trust, GFL Borrower II (Cayman) LP and Poole Private Capital, LLC (collectively, the "Selling Shareholders") intend to offer for sale 14,084,507 subordinate voting shares (the "Shares").
  • GFL will not receive any proceeds from the sale of the Shares (the "Offering").
  • Goldman Sachs & Co. LLC and Goldman Sachs Canada Inc. will act as underwriters for the Offering in the United States and Canada, respectively.
  • GFL has filed the Form F-10 registration statement (including a prospectus) with the SEC for the offering to which this communication relates.

Mayfair Gold Announces Closing of Flow-Through Financing and Arrangement of Common Share Financing

Retrieved on: 
Wednesday, May 17, 2023

The funds will be used to further the Company’s successful exploration program at the Fenn-Gib gold project in the Timmins region of Ontario.

Key Points: 
  • The funds will be used to further the Company’s successful exploration program at the Fenn-Gib gold project in the Timmins region of Ontario.
  • The Company issued 2,420,000 common shares on a flow-through basis (the “FT Shares”) at a price per FT Share of $2.48.
  • The Offering price per FT share represents a premium of 37% over the closing price of Mayfair Gold common shares on the TSX.V on April 17, 2023.
  • Mayfair Gold today also announced the arrangement of a non-brokered private placement financing (the “Offering”) of 1,729,000 common shares (the “Shares”) at a price of $1.75 per share for aggregate gross proceeds of $3,025,750.

Hi-View Engages APEX Geoscience and Arranges Private Placement

Retrieved on: 
Wednesday, May 17, 2023

VANCOUVER, British Columbia, May 17, 2023 (GLOBE NEWSWIRE) -- Hi-View Resources Inc. (“Hi-View” or the “Company”) (CSE: HVW) announces today that its wholly owned subsidiary Zeal Exploration Inc. (“Zeal”) has retained APEX Geoscience Ltd. (“APEX”) of Edmonton, AB, as geological consultants for the Golden Stranger Project (”Golden Stranger”) and the Lawyers West, East and North properties (”Lawyers Group”) in the Golden Horseshoe area of north-central British Columbia, Canada.

Key Points: 
  • The review is expected to reinterpret both historic drilling and assessment report data, and airborne exploration programs completed in 2021 on the Lawyers Group properties.
  • APEX is a privately-owned, independent geological consulting company that provides high quality, cost effective and timely geological consulting services to exploration companies, government, and non-government organizations.
  • APEX has experience in all aspects of the mineral exploration industry from initial assessment and NI 43-101 reporting through to mining including the identification and outlining of resources.
  • Howard Milne, CEO of Hi-View, stated “APEX has a tremendous amount of experience in the Toodoggone region and has overseen tens of thousands of metres of drilling.

Maxeon Solar Technologies Announces Pricing and Upsize of Public Offering of Ordinary Shares

Retrieved on: 
Wednesday, May 17, 2023

SINGAPORE, May 17, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. ("Maxeon") (NASDAQ: MAXN) today announced the pricing of an underwritten public offering of an aggregate of 7,490,000 ordinary shares, including 5,620,000 ordinary shares offered by Maxeon (the "Company Offering") and 1,870,000 ordinary shares offered by an affiliate of TotalEnergies SE ("TotalEnergies") (the "TotalEnergies Offering" and, together with the Company Offering, the "Offering"), each at a price of $28.00 per share.

Key Points: 
  • SINGAPORE, May 17, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. ("Maxeon") (NASDAQ: MAXN) today announced the pricing of an underwritten public offering of an aggregate of 7,490,000 ordinary shares, including 5,620,000 ordinary shares offered by Maxeon (the "Company Offering") and 1,870,000 ordinary shares offered by an affiliate of TotalEnergies SE ("TotalEnergies") (the "TotalEnergies Offering" and, together with the Company Offering, the "Offering"), each at a price of $28.00 per share.
  • The Offering was upsized from the previously announced offering size of an aggregate of 6,800,000 ordinary shares, which included 5,100,000 ordinary shares offered by the Company and 1,700,000 ordinary shares offered by TotalEnergies.
  • TotalEnergies also granted the underwriters a 30-day option to purchase up to an additional 1,123,500 ordinary shares in the public offering on the same terms and conditions.
  • Maxeon expects to receive gross proceeds from the Company Offering of approximately $157.4 million, which is prior to underwriting discounts and commissions and estimated offering expenses.

Mirasol Resources Announces Private Placement Financing

Retrieved on: 
Wednesday, May 17, 2023

VANCOUVER, British Columbia, May 17, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) today announced it is arranging a non-brokered private placement financing (the “Offering”) of up to 4,000,000 Units (the “Units”) at a price of $1.25 per Unit for aggregate gross proceeds of $5.0 million.

Key Points: 
  • VANCOUVER, British Columbia, May 17, 2023 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTCPK: MRZLF) (the “Company” or “Mirasol”) today announced it is arranging a non-brokered private placement financing (the “Offering”) of up to 4,000,000 Units (the “Units”) at a price of $1.25 per Unit for aggregate gross proceeds of $5.0 million.
  • The net proceeds of the Offering will be used to further Mirasol’s successful exploration programs and for general corporate purposes.
  • This press release is not an offer of common shares for sale in the United States.
  • The Shares have not been and will not be registered under the U.S. Securities Act, or any state securities laws.

Intapp Announces Proposed Public Offering of Common Stock

Retrieved on: 
Tuesday, May 16, 2023

PALO ALTO, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Intapp, Inc. (NASDAQ: INTA) (the “Company”), a leading provider of cloud software for the global professional and financial services industry, today announced that it intends to offer and sell 2,000,000 shares of the Company’s common stock in an underwritten public offering (the “Offering”).

Key Points: 
  • PALO ALTO, Calif., May 16, 2023 (GLOBE NEWSWIRE) -- Intapp, Inc. (NASDAQ: INTA) (the “Company”), a leading provider of cloud software for the global professional and financial services industry, today announced that it intends to offer and sell 2,000,000 shares of the Company’s common stock in an underwritten public offering (the “Offering”).
  • Certain selling stockholders also intend to offer 4,250,000 shares of the Company’s common stock in the Offering.
  • The Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Offering may be completed.
  • The Company intends to use the net proceeds of the Offering for working capital and general corporate purposes.

Skeena Resources Announces C$64 Million Bought Deal Financing

Retrieved on: 
Tuesday, May 16, 2023

VANCOUVER, British Columbia, May 16, 2023 (GLOBE NEWSWIRE) -- Skeena Resources Limited (TSX: SKE; NYSE: SKE) (“Skeena” or the “Company”) announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets (the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on bought deal basis 8,700,000 common shares of the Company (the “Common Shares”) at a price of C$7.35 per Common Share, for total gross proceeds of approximately C$64 million (the “Offering”). The Company will also grant to the Underwriters an over-allotment option (the “Over-Allotment Option”) to purchase up to 1,305,000 additional Common Shares (the “Over-Allotment Shares”). The Over-Allotment Option will be exercisable for a period of 30 days following closing.

Key Points: 
  • The Company will also grant to the Underwriters an over-allotment option (the “Over-Allotment Option”) to purchase up to 1,305,000 additional Common Shares (the “Over-Allotment Shares”).
  • The Over-Allotment Option will be exercisable for a period of 30 days following closing.
  • No securities regulatory authority has either approved or disapproved of the contents of this news release.
  • The Common Shares being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S.

Maxeon Solar Technologies Announces Public Offering of Ordinary Shares

Retrieved on: 
Tuesday, May 16, 2023

SINGAPORE, May 16, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. ("Maxeon") (NASDAQ:MAXN) today announced the launch of an underwritten public offering of an aggregate of 6,800,000 ordinary shares.

Key Points: 
  • SINGAPORE, May 16, 2023 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. ("Maxeon") (NASDAQ:MAXN) today announced the launch of an underwritten public offering of an aggregate of 6,800,000 ordinary shares.
  • Maxeon is offering 5,100,000 ordinary shares (the "Company Offering"), and an affiliate of TotalEnergies SE ("TotalEnergies"), which currently holds approximately 24.2% of Maxeon's outstanding ordinary shares, is offering 1,700,000 ordinary shares of Maxeon (the "TotalEnergies Offering" and, together with the Company Offering, the "Offering").
  • TotalEnergies also intends to grant the underwriters an option, exercisable for 30 days after the date of the final prospectus supplement, to purchase additional ordinary shares in an amount equal to up to 15% of the ordinary shares offered in the Offering on the same terms and conditions.
  • Completion of the TZE Private Placement is contingent on completion of the Company Offering; however, the Offering is not contingent on the completion of the TZE Private Placement.

Burcon Announces Closing of $3.4 Million Private Placement

Retrieved on: 
Tuesday, May 16, 2023

"We are thrilled to close a successful funding round well above our initial target," said Kip Underwood, Burcon's chief executive officer.

Key Points: 
  • "We are thrilled to close a successful funding round well above our initial target," said Kip Underwood, Burcon's chief executive officer.
  • Alternative proteins are experiencing a long-term growth trend and Burcon expects to capitalize on the next wave of plant-based growth.
  • We appreciate the continued support from our long-term shareholders and we are excited to execute on our Burcon 2.0 strategy."
  • All securities issued in connection with the Offering are subject to a statutory hold period in Canada expiring four months and one day from the closing of the private placement.