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VIZSLA SILVER UPDATES AT-THE-MARKET EQUITY PROGRAM

Retrieved on: 
Saturday, September 14, 2024

VANCOUVER, BC, Sept. 13, 2024 /PRNewswire/ - Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") announced today that it has updated its at-the-market equity program (the "ATM Program") to offer and sell up to US$100 million of common shares of the Company ("Common Shares") to the public, from time to time, through the Agents (as defined below).

Key Points: 
  • VANCOUVER, BC, Sept. 13, 2024 /PRNewswire/ - Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") announced today that it has updated its at-the-market equity program (the "ATM Program") to offer and sell up to US$100 million of common shares of the Company ("Common Shares") to the public, from time to time, through the Agents (as defined below).
  • Concurrent with entering into the Equity Distribution Agreement, the Company's previously announced at-the-market equity distribution agreement dated March 26, 2024 was terminated.
  • "It is prudent for Vizsla Silver to have an ATM Program available for optionality," commented Michael Konnert, President & CEO.
  • The Prospectus Supplement, the Base Shelf Prospectus and the Equity Distribution Agreement are available at www.sedarplus.ca and the U.S.

Prairie Provident Announces Loan Amendments and $13.2 Million Equity Rights Offering With $12 Million of Committed Participation

Retrieved on: 
Saturday, September 14, 2024

The Company also announces a $13.2 million rights offering (the "Rights Offering") supported by participation commitments of $12 million, comprised of $11.6 million from its largest shareholder, PCEP Canadian Holdco, LLC ("PCEP"), and $400,000 from directors and management, as well as complementary amendments to its outstanding second lien notes.

Key Points: 
  • The Company also announces a $13.2 million rights offering (the "Rights Offering") supported by participation commitments of $12 million, comprised of $11.6 million from its largest shareholder, PCEP Canadian Holdco, LLC ("PCEP"), and $400,000 from directors and management, as well as complementary amendments to its outstanding second lien notes.
  • Prairie Provident has 167,869 net acres in its Michichi core area with approximately 40 Basal Quartz potential drilling opportunities targeting light/medium oil.
  • Upon closing of the Rights Offering, if all Rights are exercised in full, there will be 1,245,734,736 common shares outstanding.
  • The Rights Offering, First Lien Amendments and Second Lien Amendments are inter-related transactions and cross-conditional, each dependent on completion of the others.

Westport Announces At-the-Market Equity Offering Program

Retrieved on: 
Friday, September 13, 2024

VANCOUVER, British Columbia, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or “The Company”) announces that it has established an at-the-market equity offering program (the “ATM Program”) that allows the Company to issue and sell up to US$35,000,000 (or its Canadian dollar equivalent) of common shares of the Company (the “Common Shares”) from treasury to the public, from time to time, at the Company’s discretion.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX: WPRT / Nasdaq: WPRT) (“Westport” or “The Company”) announces that it has established an at-the-market equity offering program (the “ATM Program”) that allows the Company to issue and sell up to US$35,000,000 (or its Canadian dollar equivalent) of common shares of the Company (the “Common Shares”) from treasury to the public, from time to time, at the Company’s discretion.
  • Distributions of the Common Shares under the ATM Program will be made pursuant to the terms of an equity distribution agreement dated September 13, 2024 (the “Distribution Agreement”) entered into among the Company and Craig-Hallum Capital Group LLC, H.C. Wainwright & Co., LLC (collectively the “U.S.
  • The Company intends to use the net proceeds of the ATM Program primarily for funding investments in its hydrogen business, research and development and for general corporate purposes.
  • The Canadian Prospectus Supplement and the Canadian Base Shelf Prospectus will be available on SEDAR+ at www.sedarplus.ca, and the U.S.

Terra Balcanica Closes Third Tranche Of Private Placement Financing

Retrieved on: 
Friday, September 13, 2024

Vancouver, British Columbia, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Terra Balcanica Resources Corp. (“Terra” or the “Company”) (CSE:TERA; FRA:UB1) is pleased to announce closing of the 3rd tranche of the previously announced non-brokered private placement financing (the “Offering”) of units (the ”Units”) for gross proceeds of $176,010 Canadian, resulting in aggregate gross proceeds of $948,760 raised in the Offering to date. The Company previously closed the 2nd tranche of the Offering for gross proceeds of $567,000 as described in the Company’s press release dated July 19th, 2024.

Key Points: 
  • The Company previously closed the 2nd tranche of the Offering for gross proceeds of $567,000 as described in the Company’s press release dated July 19th, 2024.
  • Terra announced an increase in the amount of the Offering on July 17th, 2024 to raise aggregate gross proceeds of up to $1,450,000.
  • The Company intends to complete the final tranche of the Offering by the first week of October, 2024.
  • The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.

Logan Energy Corp. Upsizes Previously Announced Equity Offering

Retrieved on: 
Friday, September 13, 2024

CALGARY, Alberta, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters with National Bank Financial Inc. as sole bookrunner and co-lead underwriter and Eight Capital as co-lead underwriter to increase the size of its previously announced bought-deal private placement financing (the "Equity Offering"). Logan will now issue 68,494,000 common shares ("Common Shares") at a price of $0.73 per Common Share to raise aggregate gross proceeds of approximately $50.0 million pursuant to the Equity Offering.

Key Points: 
  • CALGARY, Alberta, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce that, as a result of excess demand, it has agreed with the syndicate of underwriters with National Bank Financial Inc. as sole bookrunner and co-lead underwriter and Eight Capital as co-lead underwriter to increase the size of its previously announced bought-deal private placement financing (the "Equity Offering").
  • Logan will now issue 68,494,000 common shares ("Common Shares") at a price of $0.73 per Common Share to raise aggregate gross proceeds of approximately $50.0 million pursuant to the Equity Offering.
  • In all other respects, the terms of the Equity Offering and use of proceeds therefrom will remain as previously disclosed in the September 12, 2024 press release.
  • Closing of the Equity Offering is expected to occur on or around October 3, 2024

Sienna Announces September Dividend

Retrieved on: 
Friday, September 13, 2024

MARKHAM, Ontario, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of September 2024, representing $0.936 per Common Share on an annualized basis.

Key Points: 
  • MARKHAM, Ontario, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced a dividend of $0.078 per common share of the Company (each, a “Common Share”) for the month of September 2024, representing $0.936 per Common Share on an annualized basis.
  • The dividend will be payable on October 15, 2024 to shareholders of record as at September 30, 2024.
  • The Company's dividends are designated as eligible dividends for Canadian tax purposes in accordance with subsection 89(14) of the Income Tax Act (Canada), and any applicable corresponding provincial and territorial legislation.

Precision Drilling Announces Renewal of Normal Course Issuer Bid

Retrieved on: 
Friday, September 13, 2024

Precision Drilling Corporation (Precision or the Company) announced today that the Toronto Stock Exchange (the TSX) has approved its intention to implement a normal course issuer bid (NCIB) for a portion of its common shares (Common Shares).

Key Points: 
  • Precision Drilling Corporation (Precision or the Company) announced today that the Toronto Stock Exchange (the TSX) has approved its intention to implement a normal course issuer bid (NCIB) for a portion of its common shares (Common Shares).
  • Precision believes the NCIB continues to represent another tool for the Company to enhance the value of its underlying shares.
  • As of September 5, 2024, Precision had 14,107,373 Common Shares issued and outstanding and a public float of 13,591,089 Common Shares.
  • The plan will contain a prearranged set of criteria in accordance with which its broker may make Common Share purchases.

Lifeist Closes CannMart Transaction with Simply Solventless Concentrates Ltd.

Retrieved on: 
Thursday, September 12, 2024

"We are pleased to announce the successful completion of the sale of CannMart to Simply Solventless Concentrates, a company whose track record of profitability and operational excellence has continually impressed us," said Meni Morim, CEO of Lifeist.

Key Points: 
  • "We are pleased to announce the successful completion of the sale of CannMart to Simply Solventless Concentrates, a company whose track record of profitability and operational excellence has continually impressed us," said Meni Morim, CEO of Lifeist.
  • "This transaction not only ensures that CannMart is in capable hands but also allows Lifeist to sharpen its focus on our core mission of transforming human wellness.
  • We believe that this sale represents a strategic win for our shareholders, as it positions Lifeist to allocate more resources towards growing Mikra while still benefiting from Simply Solventless' continued success in the cannabis market."
  • Lifeist obtained and the requisite shareholder approval to complete the sale of CannMart at its Annual General and Special Meeting held on September 5, 2024 and the approval of the TSX Venture Exchange to close the said transaction.

The Becker Milk Company Limited: Three Month Financial Results and Regular Dividend

Retrieved on: 
Thursday, September 12, 2024

The Board of Directors continually evaluates strategic directions for the Company and has engaged in discussions with potential acquirers.

Key Points: 
  • The Board of Directors continually evaluates strategic directions for the Company and has engaged in discussions with potential acquirers.
  • While the Company has engaged in some discussions within the last year, none of those discussions are active at this time.
  • The Company continues to review its strategic alternatives and will update the market as appropriate, and as required.
  • The Directors of the Company have declared the regular semi-annual dividend on Class B Special and Common Shares of 40 cents per share.

Logan Energy Corp. Announces Duvernay Land Position, Accelerated Pouce Coupe Development, Preliminary 2025 Budget, $30 Million Equity Offering and Committed Credit Facilities of $125 Million

Retrieved on: 
Thursday, September 12, 2024

CALGARY, Alberta, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce the details of its Duvernay land position, which represents a new play type comprised of highly economic drilling inventory, and the acceleration of full field development at Pouce Coupe, including the construction of a 40 mmcf/d gas plant and associated infrastructure. In addition, the Company is pleased to announce its expanded 2024 budget and a fully funded preliminary budget for 2025, which will deliver 82% growth in Adjusted Funds Flow per share.

Key Points: 
  • Logan’s position is comprised of blocks located in North Simonette (the "Simonette Duvernay") and Ante Creek (the "Ante Creek Duvernay", and collectively, the "Duvernay Assets").
  • Underpinned by thorough geotechnical evaluation, the Duvernay Assets add over 140 extended reach horizontal Duvernay oil locations1.
  • The Duvernay Assets provide incremental development opportunities to complement Logan’s organic development plans for its existing Pouce Coupe and Simonette Montney assets.
  • Logan believes the Ante Creek Duvernay will deliver similar results as Simonette and other areas in Kaybob of similar thickness.