Indian stock exchange

Blockmate Ventures Announces Private Placement Capital Raising

Retrieved on:

Friday, June 2, 2023

Minority, TSX Venture Exchange, MI, FSE, Person, Date, Corporation, Offering, Indian stock exchange, Multilateral, Legislation, Security (finance)

Blockmate expects the Offering to close on or about June 9, 2023 (the “Closing Date”).

Key Points:

Blockmate expects the Offering to close on or about June 9, 2023 (the “Closing Date”).
The net proceeds of the Offering will be for general working capital and no commission, finder’s fee or similar payment will be paid by the Company in connection with the Offering.
The Corporation intends to rely upon exemptions from the formal valuation and minority approval requirements of MI 61-101.
The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.

Nisun International Regains Compliance with NASDAQ Minimum Bid Price Requirement

Retrieved on:

Friday, June 2, 2023

Letter, Indian stock exchange, Staff, Security (finance), NISN, Cryptocurrency

SHANGHAI, June 2, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company") announced today that it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("NASDAQ") dated May 26, 2023 notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company had failed to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5550(a)(2).

Key Points:

SHANGHAI, June 2, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) ("Nisun" or the "Company") announced today that it has received a Staff determination letter (the "Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("NASDAQ") dated May 26, 2023 notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Capital Market because the Company had failed to satisfy the requirement that the closing bid price of its securities remain at $1.00 or higher as required by Nasdaq Listing Rule 5550(a)(2).
Pursuant to the Letter, unless the Company requests an appeal of the Letter, trading of the Company's Class A Common Shares will be suspended at the opening of business on June 6, 2023, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company's securities from listing and registration on the Nasdaq Stock Market.
On June 1, 2023, the Company received notification from NASDAQ confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2).
NASDAQ noted this matter is now closed.

Emerita Resources Corp. Announces $8,000,000 Private Placement

Retrieved on:

Friday, June 2, 2023

Unit, Indian stock exchange, TSX Venture Exchange, Part, Person, Sale, Agent, National instrument, NI, Offering, NEWS, Security (finance)

TORONTO, June 02, 2023 (GLOBE NEWSWIRE) -- Emerita Resources Corp. (TSXV: EMO) (the “Company” or “Emerita”) is pleased to announce that it has entered into an agreement with Clarus Securities Inc. as lead agent on behalf of a syndicate of agents (collectively, the “Agents”), whereby the Agent will raise up to $8,000,000 through an offering of up to 20,000,000 units of the Company (the “Units”) to be priced at C$0.40 per Unit (the “Offering”). Each Unit is comprised of one common share in the capital of the Company (“Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share at an exercise price of $0.60 per Common Share for a period of 36 months following the completion of the Offering.

Key Points:

Each Unit is comprised of one common share in the capital of the Company (“Common Share”) and one-half of one Common Share purchase warrant (each whole warrant, a “Warrant”).
This release does not constitute an offer for sale of securities in the United States.
There is an offering document related to the Offering that can be accessed under the Company's profile at www.sedar.com and on the Company's website at www.emeritaresources.com .
Prospective investors should read this offering document before making an investment decision.

ODD BURGER ANNOUNCES PRIVATE PLACEMENT OF UP TO CAD$1.5 MILLION OF CONVERTIBLE DEBENTURES

Retrieved on:

Friday, June 2, 2023

Indian stock exchange, TSX Venture Exchange, FOR, Conversion, NOT, FSE, Offering, Convertible bond, Finance Secretary (India), Security (finance)

FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW/

Key Points:

FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW/
LONDON, ON, June 2, 2023 /PRNewswire/ - Odd Burger Corporation (TSXV: ODD) (OTCQB: ODDAF) (FSE: IA9) ("Odd Burger" or the "Company") is pleased to announce that it intends to complete a proposed non-brokered private placement (the ‎‎"Offering") ‎up to 1,500 unsecured convertible debentures (the "Convertible Debentures") at a ‎price ‎of $1,000.00 per Convertible Debenture, for aggregate gross proceeds of up to ‎‎‎$1,500,000.00.
The Convertible Debentures will accrue interest from the closing date at a rate of 10% per annum which shall be payable on the Maturity Date.
The Offering is non-brokered but the Company may pay a cash commission of 7% on funds brought in.
The approval of the Offering will be subject to acceptance by the TSX Venture Exchange.

Abaxx Technologies Receives Conditional Approval to List on Cboe US Stock Exchange

Retrieved on:

Friday, June 2, 2023

Clearing house, Money, Fintech, Chicago, NEO Exchange, Risk management, Monetary Authority of Singapore, Tier 1 network, Indian stock exchange, OTCQX, Podcast, Growth, News, NEO, Cryptocurrency, EU

TORONTO, June 02, 2023 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXD) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of the Abaxx Commodity Exchange (Abaxx Singapore Pte Ltd), and producer of the SmarterMarkets™ Podcast, is pleased to announce that it has received conditional approval to list the Company’s common shares (the “Common Shares”) on Tier 1 of the Cboe US Equities Exchange (the “Cboe US Exchange”), an innovative US securities exchange within the Cboe Global Listings Network. Abaxx will retain its listing on the Cboe Canada Exchange (formerly the NEO Exchange).

Key Points:

Abaxx will retain its listing on the Cboe Canada Exchange (formerly the NEO Exchange).
Trading of the Common Shares on the Cboe US Exchange is expected to commence under the trading symbol “CBOE: ABXX”.
The Common Shares are also expected to trade on the Cboe UK and Cboe EU exchanges under the ticker “36ND”.
“Cboe’s dedication to technology-driven innovation and progress is aligned with Abaxx’s mission to advance Smarter Markets,” said Abaxx Exchange CEO Nancy Seah.

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.

Westport Announces Effective Date of Share Consolidation

Retrieved on:

Thursday, June 1, 2023

Indian stock exchange, Toronto Stock Exchange, Insignia Systems, Inc., EDGAR, Consolidation, SEDAR, ISIN, TSX, CUSIP, Letter, WPRT, Common, Security (finance)

As of the date hereof, and following the Consolidation, there are 17,174,972 Common Shares issued and outstanding.

Key Points:

As of the date hereof, and following the Consolidation, there are 17,174,972 Common Shares issued and outstanding.
Immediately prior to the Consolidation, the Company had 171,751,409 Common Shares issued and outstanding.
No fractional Common Shares will be issued pursuant to the Consolidation and any fractional shares that would otherwise be issued will be rounded down to the nearest whole Common Share.
No action is required by non-registered shareholders (shareholders who hold their common shares through an intermediary) to receive post-Consolidation Common Shares in connection with the Consolidation.

Jourdan Closes Final Tranche of Private Placement

Retrieved on:

Thursday, June 1, 2023

Indian stock exchange, TSX Venture Exchange, PI, FRA, JOR, Offering, Security (finance), Unit

TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has closed its second and final tranche of a previously announced non-brokered private placement financing of units (each, a “Unit”) at a price of $0.07 per Unit (the “Offering”) for gross proceeds of $631,034.74 (the “Final Tranche”). For more information on the Offering and the first tranche closing (the “First Tranche”), please see the Company’s press releases dated March 17, 2023 and April 21, 2023, respectively, which are available under the Company’s SEDAR profile at www.sedar.com.

Key Points:

TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce that it has closed its second and final tranche of a previously announced non-brokered private placement financing of units (each, a “Unit”) at a price of $0.07 per Unit (the “Offering”) for gross proceeds of $631,034.74 (the “Final Tranche”).
Pursuant to the Final Tranche, Jourdan issued 9,014,782 Units at a price of $0.07 per Unit.
The securities issued in connection with the Final Tranche are subject to a statutory four month hold period, which expires on October 2, 2023.
Completion of the Offering (including the First Tranche and Final Tranche) is subject to receipt of final approval of the TSX Venture Exchange (“TSXV”).

Nine Mile Metals Private Placement Financing

Retrieved on:

Thursday, June 1, 2023

Private placement, OTCQB, CSE, FSE, Indian stock exchange, Private, KQ9, Sale, Security (finance)

VANCOUVER, British Columbia, May 31, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) announces its intention to complete a private placement for proceeds of up to $250,000 (the “Private Placement”).

Key Points:

VANCOUVER, British Columbia, May 31, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”) announces its intention to complete a private placement for proceeds of up to $250,000 (the “Private Placement”).
The Private Placement will consist of the sale of up to 2,500,000 units (each a “Unit”) at a price of $0.10 per Unit.
In consideration for their services in introducing subscribers to the Company under the Private Placement, finders may receive commission of 7% cash and 7% common share purchase warrants, exercisable to purchase one common share at a price of $0.15 for a period of 24 months.
All securities issued in the private placement will be subject to a four month and a day hold period.

Firan Technology Group Corporation Announces Acceptance by TSX of Normal Course Issuer Bid

Retrieved on:

Thursday, June 1, 2023

Indian stock exchange, TSX, Toronto Stock Exchange, Corporation, Acquisition, FTG, Person, Security (finance), Life insurance

TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (“FTG” or the “Corporation”) today announced the acceptance by the Toronto Stock Exchange (the “TSX”) of FTG’s Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”).

Key Points:

TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- Firan Technology Group Corporation (TSX: FTG) (“FTG” or the “Corporation”) today announced the acceptance by the Toronto Stock Exchange (the “TSX”) of FTG’s Notice of Intention to Make a Normal Course Issuer Bid (“NCIB”).
As of May 26, 2023, 23,911,002 Common Shares of the Corporation were issued and outstanding.
The price paid for any repurchased Common Shares will be the market price of such Common Shares at the time of acquisition.
Under its previous normal course issuer bid approved by the TSX on April 20, 2022, the number of Common Shares that could by repurchased for cancellation was 1,224,560 Common Shares.