Waiver

HEXO Announces Closing of Non-Brokered Private Placement and Amendments to Arrangement Agreement and Waiver and Amendment Agreement

Retrieved on: 
Thursday, June 1, 2023

US$13,500,000 was also deposited into escrow by the investor (the “Escrowed Amount”) representing the second tranche of the Private Placement.

Key Points: 
  • US$13,500,000 was also deposited into escrow by the investor (the “Escrowed Amount”) representing the second tranche of the Private Placement.
  • In connection with the Arrangement Amendments, HEXO and Tilray have also agreed to amend the Waiver and Amendment Agreement entered into on April 10, 2023 (“Waiver and Amendment Agreement”).
  • HEXO is not required to make any further payment to Tilray from the aggregate gross proceeds received under the Private Placement.
  • Canaccord Genuity Corp. and ATB Capital Markets Inc. acted as financial advisors to the Company with respect to the Private Placement.

HEXO Corp. Files Circular for Special Meeting of Shareholders to Approve Arrangement With Tilray Brands, Inc.

Retrieved on: 
Tuesday, May 16, 2023

The Meeting has been called for Shareholders to vote on the previously announced arrangement agreement (the “Arrangement Agreement”) with Tilray Brands, Inc. (“Tilray”), whereby Tilray will acquire all of the issued and outstanding common shares of the Company (the “Company Shares”).

Key Points: 
  • The Meeting has been called for Shareholders to vote on the previously announced arrangement agreement (the “Arrangement Agreement”) with Tilray Brands, Inc. (“Tilray”), whereby Tilray will acquire all of the issued and outstanding common shares of the Company (the “Company Shares”).
  • Shareholders will receive 0.4352 of a share of Tilray common stock (the “Tilray Shares”) for each whole Company Share held (the “Arrangement”).
  • FACTORS CONSIDERED BY THE SPECIAL COMMITTEE AND THE BOARD IN RECOMMENDING THAT SHAREHOLDERS VOTE IN FAVOUR OF THE ARRANGEMENT:
    No Viable Alternatives to the Arrangement with Tilray.
  • Following the completion of the Arrangement, Shareholders will hold Tilray Shares and participate in any future increases in the value of Tilray Shares.

Gatos Silver Announces Delay in Filing Its Financial Statements for the First Quarter of 2023

Retrieved on: 
Tuesday, May 16, 2023

The financial statements are subject to completion of a review and audit, as applicable, by the Company’s independent registered public accounting firm, Ernst & Young LLP.

Key Points: 
  • The financial statements are subject to completion of a review and audit, as applicable, by the Company’s independent registered public accounting firm, Ernst & Young LLP.
  • The Company expects to file the Q1 2023 10-Q concurrently with or shortly after making the 2021 and 2022 securities filings containing the 2021 and 2022 financial statements.
  • The Company has also requested an extension from the TSX to file its financial statements for the quarter ended March 31, 2023.
  • The Waiver defers the Company’s obligation to deliver until May 31, 2023 the 2021, 2022 and first quarter of 2023 financial statements, and corresponding compliance certificates.

HEXO Corp. Announces Acquisition by Tilray Brands

Retrieved on: 
Monday, April 10, 2023

HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announces that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Tilray Brands, Inc. (“Tilray”) for a transaction whereby Tilray will acquire all of the issued and outstanding common shares of the Company (the “HEXO Shares”), subject to approval by the holders of HEXO Shares (“HEXO Shareholders”) and the satisfaction or waiver of other closing conditions (the “Arrangement”).

Key Points: 
  • HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) (“HEXO” or the “Company”) announces that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Tilray Brands, Inc. (“Tilray”) for a transaction whereby Tilray will acquire all of the issued and outstanding common shares of the Company (the “HEXO Shares”), subject to approval by the holders of HEXO Shares (“HEXO Shareholders”) and the satisfaction or waiver of other closing conditions (the “Arrangement”).
  • As a result of the Arrangement becoming effective, HEXO Shareholders would hold Tilray Shares and would participate in any future increase in value of Tilray Shares.
  • HEXO Shareholders would thereby continue to participate in the value realized with the development and operation of HEXO’s assets and business within Tilray.
  • Upon completion of the Arrangement, existing Tilray and HEXO Shareholders are expected to respectively own approximately 97.0% and 3.0% of Tilray on a pro forma basis.

NFI completes amendments to its credit facilities

Retrieved on: 
Thursday, December 29, 2022

WINNIPEG, Manitoba, Dec. 29, 2022 (GLOBE NEWSWIRE) -- December 29, 2022: (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, today announced that it has completed the amendments to the Company’s existing senior revolving credit facility (the “Revolver”) and its revolving UK credit facility (the “UK Facility” and collectively with the Revolver, the “Facilities”) referred to in the Company’s news release of December 23, 2022.  

Key Points: 
  • Under the amendments, NFI has lowered the Revolver capacity from $1.25 billion to $1.0 billion, and the UK Facility from £50 million to £40 million.
  • NFI and its banking syndicate partners are now focused on developing new longer-term credit arrangements, and NFI will be seeking agreements that provide appropriate capacity and covenants matched to the Company’s anticipated financial performance and recovery.
  • NFI anticipates that it will be able to comply with the covenants that are in place during the Waiver Period.
  • Following the Waiver Period, certain waived covenants would resume as per the fifth amended credit agreement, completed on July 29, 2022, unless NFI has entered into new credit agreements.

Novolipetsk Steel: NLMK GROUP PROVIDES UPDATE ON NOTEHOLDERS’ CONSENT SOLICITATION

Retrieved on: 
Tuesday, September 27, 2022

Noteholders should contact the Information and Tabulation Agent or Investor Relations department for further information:

Key Points: 
  • Noteholders should contact the Information and Tabulation Agent or Investor Relations department for further information:
    NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
  • NLMK Groups steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
  • NLMK operates production facilities in Russia, Europe and the United States.
  • For more details on NLMK Group, please visit our website .

NLMK GROUP PROVIDES UPDATE ON NOTEHOLDERS’ CONSENT SOLICITATION

Retrieved on: 
Tuesday, September 20, 2022

Noteholders should contact the Information and Tabulation Agent or Investor Relations department for further information:

Key Points: 
  • Noteholders should contact the Information and Tabulation Agent or Investor Relations department for further information:
    NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
  • NLMK Groups steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
  • NLMK operates production facilities in Russia, Europe and the United States.
  • For more details on NLMK Group, please visit our website .

NLMK GROUP PROVIDES UPDATE ON NOTEHOLDERS’ CONSENT SOLICITATION

Retrieved on: 
Tuesday, September 13, 2022

published a notice of adjourned meeting in respect of 2026 EUR Notes (the Adjourned Meeting).

Key Points: 
  • published a notice of adjourned meeting in respect of 2026 EUR Notes (the Adjourned Meeting).
  • The Noteholders are invited to consider and, if thought fit, give their Consent to the Amendments and the Waiver (the Proposals and each, a Proposal).
  • In order to be eligible to view the Memorandum, a Noteholder must be able to participate lawfully in the solicitation by the Issuer to the Noteholders to provide consent to the Amendments and Waiver.
  • For more details on NLMK Group, please visit our website .

NLMK GROUP PROVIDES UPDATE ON NOTEHOLDERS’ CONSENT SOLICITATION

Retrieved on: 
Tuesday, September 6, 2022

The Noteholders are invited to consider and, if thought fit, give their Consent to the Amendments and the Waiver (the Proposals and each, a Proposal).

Key Points: 
  • The Noteholders are invited to consider and, if thought fit, give their Consent to the Amendments and the Waiver (the Proposals and each, a Proposal).
  • In order to be eligible to view the Memorandum, a Noteholder must be able to participate lawfully in the solicitation by the Issuer to the Noteholders to provide consent to the Amendments and Waiver.
  • Noteholders should contact the Information and Tabulation Agent or Investor Relations department for further information:
    NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
  • For more details on NLMK Group, please visit our website .

DGAP-News: Tele Columbus AG: Tele Columbus reaches further transaction milestone

Retrieved on: 
Tuesday, February 16, 2021

- Now Tele Columbus can issue the change-of-control waiver confirmation, which is one of the offer conditions

Key Points: 
  • - Now Tele Columbus can issue the change-of-control waiver confirmation, which is one of the offer conditions
    Berlin, 16 February 2021.
  • On the basis of those consents, Tele Columbus is able to issue the change-of-control waiver confirmation required to satisfy one of the offer conditions in the takeover offer.
  • Tele Columbus AG is one of Germany's leading fibre network operators which reaches more than 3 million homes.
  • To its housing association partners the Tele Columbus Group offers tailored models of cooperation and state-of-the-art services such as telemetric and tenant portals.