Letter of intent

Assure Holdings Signs Letter of Intent to Purchase Certain Assets of Innovation Neuromonitoring, LLC

Retrieved on: 
Monday, June 26, 2023
Insurance, Joint Commission, Surgeon, Letter of intent, Innovation, LOI, Patient, Commercial property, Cryptocurrency, Dallas–Fort Worth metroplex, Assurant

DENVER, June 26, 2023 (GLOBE NEWSWIRE) -- Assure Holdings Corp. (the “Company” or “Assure”) (NASDAQ: IONM), a provider of intraoperative neuromonitoring (“IONM”) and remote neurology services, today announced that it has signed a Letter of Intent (“LOI”) to purchase certain assets of Innovation Neuromonitoring, LLC (“Innovation”) for approximately $1.2 million in a cash and equity transaction.

Key Points: 
  • DENVER, June 26, 2023 (GLOBE NEWSWIRE) -- Assure Holdings Corp. (the “Company” or “Assure”) (NASDAQ: IONM), a provider of intraoperative neuromonitoring (“IONM”) and remote neurology services, today announced that it has signed a Letter of Intent (“LOI”) to purchase certain assets of Innovation Neuromonitoring, LLC (“Innovation”) for approximately $1.2 million in a cash and equity transaction.
  • Established in 2016, Innovation is a leading IONM company primarily serving the Greater Dallas, Texas and Charleston, South Carolina regions.
  • In 2022, Innovation performed more than 4,000 IONM procedures and approximately 51% of these procedures were with commercial insurance payors.
  • The proposed Acquisition will take the form of either an asset or equity purchase by Assure at its choice at closing.

Sustainable Projects Group Signs Letter of Intent with a Leading Midstream Water Management Company

Retrieved on: 
Thursday, June 22, 2023
Letter, Wahaha Joint Venture Company, Letter of intent, Joint, Capital, Water, OTC, Lithium, Rare-earth element, Oil

NAPLES, Fla., June 22, 2023 /PRNewswire/ --Sustainable Projects Group Inc. (OTC US: SPGX) ("Sustainable Projects Group" or the "Company"), a green technology mining company focused on sustainable lithium projects in the United States, today announced the signing of a nonbinding letter of intent (the "Letter of Intent") with a leading midstream water management company (together with Sustainable Projects Group, the "JV Parties") to form a joint venture company (the "Joint Venture Company").

Key Points: 
  • NAPLES, Fla., June 22, 2023 /PRNewswire/ --Sustainable Projects Group Inc. (OTC US: SPGX) ("Sustainable Projects Group" or the "Company"), a green technology mining company focused on sustainable lithium projects in the United States, today announced the signing of a nonbinding letter of intent (the "Letter of Intent") with a leading midstream water management company (together with Sustainable Projects Group, the "JV Parties") to form a joint venture company (the "Joint Venture Company").
  • The Letter of Intent provides that the JV Parties intend to enter into a definitive joint venture agreement by a target date of July 6, 2023.
  • Utilizing the Company's proprietary technology, the JV Parties intend, through the Joint Venture Company, to establish three manufacturing facilities in the United States with an annual combined capacity of 3,800 metric tons of lithium carbonate and 39 million barrels of water for beneficial reuse.
  • The JV Parties plan for the facilities to become operational in 2024 through 2026.

Adamas One Enters into a Letter of Intent with Renowned Digital Agency Neon Flux to Manage Branding and Marketing, E-Commerce, and Fulfillment for its Luxury Lab-Grown Diamond Jewelry Business

Retrieved on: 
Thursday, June 22, 2023
Diamond, Marketing, Letter of intent, W Hotels, LVMH, Bacardi, Adamas, LOI, Cosmetics, Originality, Merck, IKEA, Jewellery, Neon, Gemstone, Nordstrom, Walgreens, Vans

Neon Flux has developed an impressive and varied array of high-end and well-known clients for which it has produced high impact programs and measurable results. Brands include The W Hotel chain, LVMH, Luxury Brand Partners, Nordstrom, Volcom, Macy’s, Vans, IKEA, Merck, Bacardi, and Walgreens. Recently, the agency partnered with Serious Skin Care -- owned by Jennifer Flavin Stallone -- on direct-to-consumer e-commerce. Under the Neon Flux program, Serious Skin Care accelerated revenues by 1900% from $100,000/month to $2 million/month in 90 days and grew subscribers by 1600%.

Key Points: 
  • Neon Flux has developed an impressive and varied array of high-end and well-known clients for which it has produced high impact programs and measurable results.
  • Brands include The W Hotel chain, LVMH, Luxury Brand Partners, Nordstrom, Volcom, Macy’s, Vans, IKEA, Merck, Bacardi, and Walgreens.
  • Recently, the agency partnered with Serious Skin Care -- owned by Jennifer Flavin Stallone -- on direct-to-consumer e-commerce.
  • Under the Neon Flux program, Serious Skin Care accelerated revenues by 1900% from $100,000/month to $2 million/month in 90 days and grew subscribers by 1600%.

Yarbo Makes a Remarkable Impression at SIMA 2023

Retrieved on: 
Friday, June 16, 2023
Kickstarter, SIMA, Letter, Snow, Letter of intent

As a proud SIMA member, Yarbo contributed to the advancement of snow plowing, ice management, and business practices.

Key Points: 
  • As a proud SIMA member, Yarbo contributed to the advancement of snow plowing, ice management, and business practices.
  • The event took place in Hartford, Connecticut, from June 13th to 16th and featured hundreds of exhibitors and thousands of visitors.
  • Yarbo garnered significant attention throughout the trade show, receiving high praise for its exceptional performance.
  • Yarbo has an extension docking station, which allows it to self-charge when the battery is low, or the job is finished.

Cavitation Technologies, Inc. and Eagle Ford Silica Sand, LLC Have Signed a Letter of Intent to Merge Their Operations

Retrieved on: 
Thursday, June 15, 2023
Permian, SEC filing, Letter, Letter of intent, Eagle Ford, Dallas, Recycling, LOI, Acquisition, Titanium carbide, MTPD, Fracture, Fresh water, Water, Natural gas, Growth, ESG, Environment, GPM, Sand

Eagle Ford operates silica sand extraction plant at approximate daily rate of 2,000 metric tons per day (MTPD), with available daily capacity of 8,000 MTPD.

Key Points: 
  • Eagle Ford operates silica sand extraction plant at approximate daily rate of 2,000 metric tons per day (MTPD), with available daily capacity of 8,000 MTPD.
  • In its mining operations, Eagle Ford utilizes between 4,000 and 5,000 gallons per minute (GPM) of fresh water essential in cleaning the sand prior to usage in oil & gas fracking.
  • CTi’s chemical-free water treatment technology will reduce mining operating costs and mitigate environmental impact once incorporated into the existing operation of Eagle Ford.
  • Eagle Ford will provide an immediate positive cash flow thus permitting a much-needed boost in our water treatment expansion.

Amylyx Pharmaceuticals Completes Negotiation Process and Signs Letter of Intent with the pCPA for ALBRIOZA™ for the Treatment of ALS

Retrieved on: 
Thursday, June 15, 2023
Professional Services, Health, Neurology, Finance, General Health, Pharmaceutical, ALS Society of Canada, Letter of intent, PCPA, Spinal cord, Clinical trial, Pan-Canadian Pharmaceutical Alliance, Brain, Life expectancy, Translation, Medication, LOI, Montreal Neurological Institute and Hospital, Failure mode and effects analysis, Health Canada, ALS, News, Caregiver, Disease, Health insurance, Pharmaceutical industry, Amylyx Pharmaceuticals

“Today marks a major milestone for people living with ALS and their caregivers in Canada.

Key Points: 
  • “Today marks a major milestone for people living with ALS and their caregivers in Canada.
  • Motor neuron loss in ALS leads to deteriorating muscle function, the inability to move and speak, respiratory paralysis, and eventually death.
  • ALBRIOZA received approval with conditions from Health Canada in June 2022, marking the first regulatory approval for ALBRIOZA issued to Amylyx worldwide.
  • We believe there are opportunities to streamline the multiple steps and lengthy processes involved in achieving public reimbursement for treatments like ALBRIOZA in Canada.

EVmo Enters Into Letter of Intent to Merge with micromobility.com Inc.

Retrieved on: 
Wednesday, June 7, 2023
Letter of intent, Negotiation, Ridesharing, LOI, OTC, Form, Ecosystem, Security (finance)

LOS ANGELES, June 07, 2023 (GLOBE NEWSWIRE) -- EVmo, Inc. (OTC: YAYO), a leading provider of vehicles to the rideshare and delivery gig economy industry, today announced it has signed a Letter of Intent (LOI) regarding a merger with micromobility.com Inc. (NASDAQ: MCOM), a pioneering global micromobility ecosystem.

Key Points: 
  • LOS ANGELES, June 07, 2023 (GLOBE NEWSWIRE) -- EVmo, Inc. (OTC: YAYO), a leading provider of vehicles to the rideshare and delivery gig economy industry, today announced it has signed a Letter of Intent (LOI) regarding a merger with micromobility.com Inc. (NASDAQ: MCOM), a pioneering global micromobility ecosystem.
  • The merger is intended to strengthen each company’s market position and accelerate growth.
  • Stephen Sanchez, CEO of EVmo, commented, “The combined company will be in a strong position in the rapidly growing rideshare and mobility industry.
  • It is expected that the current EVmo shareholders will receive a meaningful minority interest in the combined company.

micromobility.com Inc. Enters into a Letter of Intent to Merge with EVMO, Inc.

Retrieved on: 
Wednesday, June 7, 2023
Technology, Transport, Logistics, Supply Chain Management, Other Technology, Public Transport, Other Transport, Letter of intent, Multimedia, Negotiation, LOI, EVS, EBITDA, Ortoli, OTC, Form, CFO, Ecosystem, Airline, Security (finance), Wheel

View the full release here: https://www.businesswire.com/news/home/20230606005649/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230606005649/en/
    Salvatore Palella, CEO and Founder of micromobility.com Inc., commented, “We are thrilled to announce our intent to merge with EVMO, marking a pivotal moment in our growth strategy.
  • This merger presents significant synergy opportunities, providing us with a robust platform for organic expansion both in North America and on a global scale.
  • Furthermore, this merger aligns perfectly with EVMO's strategic vision of increasing the presence of electric vehicles in its fleet.
  • By leveraging our expertise and resources, EVMO would transition from the current 35% of EVs and hybrids to an impressive 100%.

Royal Road and MSB Holdings Enter into Joint Venture Shareholders Agreement for Mineral Exploration

Retrieved on: 
Thursday, June 1, 2023
Agreement, Letter, Vision 2030, TSX Venture Exchange, Failure, Resolution, Royal Road, Strategic alliance, Letter of intent, Sustainability Accounting Standards Board, Disclosure, KSA, USD, Government, JVC, Royal Roads Military College, Gold, Party, Mining, Copper, MSB, Gulf Cooperation Council, Press release, News, Cryptocurrency, Security (finance), NewCo, Kingdom

In February of this year, Royal Road and MSB entered into a Strategic Alliance Agreement and Non-Binding Letter of Intent with respect to copper, gold and other metals exploration in the Kingdom of Saudi Arabia (see Press Release February 9, 2023).

Key Points: 
  • In February of this year, Royal Road and MSB entered into a Strategic Alliance Agreement and Non-Binding Letter of Intent with respect to copper, gold and other metals exploration in the Kingdom of Saudi Arabia (see Press Release February 9, 2023).
  • The Strategic Alliance Agreement has led to the development of an exploration decision-support-system, the generation of priority target areas and an initial 12-month work program and budget for exploration operations in KSA.
  • Summary terms of the Agreement, subject to regulatory approval, are as follows:
    Whilst each Party holds 50 percent of the issued shares of JVCO, the Board of JVCO shall be made up of an equal number of Directors appointed by Royal Road and MSB.
  • Forward-looking statements of the Company contained in this news release, which may prove to be incorrect, include, but are not limited to the Company's exploration plans.

FORUS Therapeutics Inc and the Pan-Canadian Pharmaceutical Alliance (pCPA) Complete Negotiations for XPOVIO(R)(selinexor)

Retrieved on: 
Wednesday, May 24, 2023
Letter of intent, Nuclear transport, PCPA, Multiple myeloma, XPO1, Myeloma Canada, SINE, Pan-Canadian Pharmaceutical Alliance, Dexamethasone, LOI, Bortezomib, Patient, Master of Science, News, Health insurance, Pharmaceutical industry

Oakville, Ontario--(Newsfile Corp. - May 24, 2023) - FORUS Therapeutics Inc ("FORUS") and the pan-Canadian Pharmaceutical Alliance ("pCPA") have completed negotiations with a Letter of Intent (LOI) for XPOVIO®(selinexor) in combination with bortezomib and dexamethasone for the treatment of adult patients with multiple myeloma (MM) who have received at least one prior therapy.

Key Points: 
  • Oakville, Ontario--(Newsfile Corp. - May 24, 2023) - FORUS Therapeutics Inc ("FORUS") and the pan-Canadian Pharmaceutical Alliance ("pCPA") have completed negotiations with a Letter of Intent (LOI) for XPOVIO®(selinexor) in combination with bortezomib and dexamethasone for the treatment of adult patients with multiple myeloma (MM) who have received at least one prior therapy.
  • This is a significant milestone to ensure that Canadian MM patients have broad and equitable access to XPOVIO," said Kevin Leshuk, President and CEO of FORUS.
  • "This is exciting news for the MM community across Canada," said Martine Elias, MSc, Executive Director, Myeloma Canada.
  • This new treatment regimen provides patients with a unique, effective oral option and meets many of the treatment needs of the myeloma patient community."