Indian stock exchange

Organigram Announces Mailing of Management Information Circular in Connection with Annual General and Special Meeting

Retrieved on: 
Friday, December 29, 2023

The Meeting will be held in a virtual-only format via live audio webcast at https://virtual-meetings.tsxtrust.com/en/1576 on Thursday, January 18, 2024 at 10:00 a.m. (Toronto Time).

Key Points: 
  • The Meeting will be held in a virtual-only format via live audio webcast at https://virtual-meetings.tsxtrust.com/en/1576 on Thursday, January 18, 2024 at 10:00 a.m. (Toronto Time).
  • Instructions as to how to attend the Meeting and to vote are set out in the Meeting Materials mailed to Shareholders.
  • The majority of the Investment will be used by Organigram to create the “Jupiter Pool”, a strategic investment pool which will target investments in emerging opportunities.
  • These covenants in favour of the Company are intended to provide market stability and preserve the value of the shares.

POSaBIT Closes Non-Brokered Unit Offering to Fund Convertible Unsecured Note Maturity

Retrieved on: 
Saturday, December 30, 2023

In connection with the Offering, each Unit is comprised of one (1) common share in the capital of the Company ("Common Shares") and 0.88 Common Share purchase warrants (each whole warrant, a "Warrant").

Key Points: 
  • In connection with the Offering, each Unit is comprised of one (1) common share in the capital of the Company ("Common Shares") and 0.88 Common Share purchase warrants (each whole warrant, a "Warrant").
  • On November 13, 2020, the Company announced the close of USD$1,040,000 principal amount of 12% convertible unsecured notes due December 31, 2023 (the “2020 Notes”), convertible into Common Shares at a conversion price of CAD$0.12 per Common Share.
  • As of the conversion deadline, USD$565,000 principal amount of 2020 Notes did not convert and such notes will be repaid at maturity.
  • In connection with the Offering, Perga Capital Partners LP ("Perga") purchased 2,857,929 Units, for aggregate gross proceeds of approximately CAD$800,220.

Docebo Inc. Announces Results of its Substantial Issuer Bid

Retrieved on: 
Friday, December 29, 2023

Docebo Inc. (NASDAQ: DCBO; TSX:DCBO) (“Docebo” or the “Company”) announced today the results of its substantial issuer bid (the “Offer”) to repurchase for cancellation up to US$100,000,000 of its outstanding common shares (the “Common Shares”) at a price of US$55.00 per Common Share.

Key Points: 
  • Docebo Inc. (NASDAQ: DCBO; TSX:DCBO) (“Docebo” or the “Company”) announced today the results of its substantial issuer bid (the “Offer”) to repurchase for cancellation up to US$100,000,000 of its outstanding common shares (the “Common Shares”) at a price of US$55.00 per Common Share.
  • After giving effect to the Offer, approximately 30,318,792 Common Shares are expected to be issued and outstanding.
  • Following the Offer, Intercap is expected to own 12,670,522 Common Shares, representing approximately 41.79% of the Company’s issued and outstanding Common Shares.
  • All of the forward-looking information contained in this press release is expressly qualified by the foregoing cautionary statements.

COPL Announces US$2.5 Million Equity Financing, Execution of Forbearance Agreement with Senior Lender and Appointment of Chief Restructuring Officer

Retrieved on: 
Friday, December 29, 2023

Other terms of the Financing include:

Key Points: 
  • Other terms of the Financing include:
    Completion of the Financing is expected by January 15, 2024 and is intended to be used for working capital purposes.
  • The conversion price of the Bonds will be amended to the Subscription Price per conversion share.
  • The Company will appoint one additional independent non-executive director to be nominated by the Purchaser by no later than 31 March 2024.
  • In concert with the Financing, COPL and its affiliates entered into a Forbearance Agreement with its existing Senior Credit Facility Lender and appointed Peter Kravitz of Province Fiduciary Services as Chief Restructuring Officer.

INTERNATIONAL BATTERY METALS LTD. ANNOUNCES CLOSING OF PRIVATE PLACEMENT

Retrieved on: 
Friday, December 29, 2023

The proceeds from the Private Placement will be used to fund the Company's ongoing operations and other general corporate expenditures.

Key Points: 
  • The proceeds from the Private Placement will be used to fund the Company's ongoing operations and other general corporate expenditures.
  • "We are pleased to announce the second closing of the Private Placement which, as previously announced, had been re-opened due to investor demand.
  • Garry Flowers, Co-Chief Executive Officer, commented on the Private Placement.
  • Accordingly, the Private Placement is a related party transaction pursuant to MI 61-101.

Rock Tech Announces Closing of Non-Brokered Private Placement

Retrieved on: 
Friday, December 29, 2023

TORONTO, Dec. 29, 2023 /PRNewswire/ - Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to announce the closing of its previously announced non-brokered private placement (the "Offering") of units (the "Units").

Key Points: 
  • TORONTO, Dec. 29, 2023 /PRNewswire/ - Rock Tech Lithium Inc. (TSXV: RCK) (OTCQX: RCKTF) (FWB: RJIB) (WKN: A1XF0V) (the "Company" or "Rock Tech") is pleased to announce the closing of its previously announced non-brokered private placement (the "Offering") of units (the "Units").
  • Pursuant to the Offering, the Company issued an aggregate of 4,478,754 Units at a price $1.30 per Unit for aggregate gross proceeds of approximately $5.8 million.
  • Each Unit consists of one common share in the capital of Rock Tech (the "Common Shares", with such Common Shares comprising the Units, the "Unit Shares") and one half of one Common Share purchase warrant (each whole Common Share purchase warrant, a "Warrant", and together with the Units and the Unit Shares, the "Securities").
  • "We are pleased to close the Offering with the investments from our stakeholders.

Loblaw Companies Limited Enters into Automatic Share Purchase Plan

Retrieved on: 
Friday, December 29, 2023

BRAMPTON, ON, Dec. 29, 2023 /CNW/ - Loblaw Companies Limited (TSX: L) ("Loblaw") announced today that it has entered into an automatic share purchase plan ("ASPP") with a broker in order to facilitate repurchases of Loblaw's common shares ("Common Shares") under its previously announced normal course issuer bid ("NCIB").

Key Points: 
  • BRAMPTON, ON, Dec. 29, 2023 /CNW/ - Loblaw Companies Limited (TSX: L) ("Loblaw") announced today that it has entered into an automatic share purchase plan ("ASPP") with a broker in order to facilitate repurchases of Loblaw's common shares ("Common Shares") under its previously announced normal course issuer bid ("NCIB").
  • During the effective period of Loblaw's ASPP, Loblaw's broker may purchase Common Shares at times when Loblaw would not be active in the market due to insider trading rules and its own internal trading blackout periods.
  • Outside of the effective period of the ASPP, Common Shares may continue to be purchased in accordance with Loblaw's discretion, subject to applicable law.
  • The ASPP has been entered into in accordance with the requirements of applicable Canadian securities laws.

ASEP INC. ANNOUNCES CLOSING OF DEBT SETTLEMENT

Retrieved on: 
Thursday, December 28, 2023

The Common Shares and Warrants are subject to a statutory hold period expiring four months and one day after closing of the Debt Settlement.

Key Points: 
  • The Common Shares and Warrants are subject to a statutory hold period expiring four months and one day after closing of the Debt Settlement.
  • The Debt Settlement with J.M.
  • As the material change report disclosing the Insider Settlement is being filed less than 21 days before the transaction, there is a requirement under MI 61‐101 to explain why the shorter period was reasonable or necessary in the circumstances.
  • In the view of the Company, it is necessary to immediately close the Insider Settlement and therefore, such shorter period is reasonable and necessary in the circumstances to improve the Company's financial position.

MineHub Announces $2.5 Million Financing and Share Consolidation

Retrieved on: 
Thursday, December 28, 2023

Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one transferable common share purchase warrant (each a "Warrant") exercisable at a price of $0.20 per common share for a period of 36 months from the closing date.

Key Points: 
  • Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one transferable common share purchase warrant (each a "Warrant") exercisable at a price of $0.20 per common share for a period of 36 months from the closing date.
  • The Company also announces that the Company's board of directors has approved consolidating its common shares on the basis of one post-consolidation share for every two pre-consolidation shares (the "Consolidation").
  • The effective date of the Consolidation will be confirmed at a future time, following the Company's receipt of approval from the TSXV.
  • The Private Placement will close before the Consolidation and the Common Shares and Warrants issued under the Private Placement will be subject to the Consolidation adjustments described.

Teako Announces Shares for Debt Transactions and Completion of Securities Exchange with The Coring Company

Retrieved on: 
Tuesday, December 19, 2023

The Company will enter into shares for debt agreements with each Creditor in connection with the Debt Settlement.

Key Points: 
  • The Company will enter into shares for debt agreements with each Creditor in connection with the Debt Settlement.
  • The Settlement Shares will be subject to a four-month and one-day hold period in accordance with applicable securities laws.
  • In addition, the Company is pleased to announce that further to signing the definitive securities exchange agreement with The Coring Company (or "TCC") ( see news release dated October 2, 2023 ), the Company issued 2,790,816 Common Shares to TCC on October 12, 2023 in exchange for 4.9% of the issued and outstanding common shares of TCC (the "TCC Shares"), equal to 626,521 TCC Shares with a valuation of C$1.6 Million.
  • The Common Shares issued by Teako to TCC are subject to a four-month and one-day hold period.