Binding

Steppe Gold Ltd. Announce Extension of Binding Term Sheet

Retrieved on: 
Tuesday, March 19, 2024

ULAANBAATAR, Mongolia, March 19, 2024 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold”) is pleased to announce the extension (the “Extension Letter Agreement”) of the binding term sheet entered with, among other parties, Boroo Gold LLC (“Boroo Gold”) dated January 18, 2024 (the “Binding Agreement”), pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Boroo Gold in an all-share transaction (the “Proposed Transaction”).

Key Points: 
  • ULAANBAATAR, Mongolia, March 19, 2024 (GLOBE NEWSWIRE) -- Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) (“Steppe Gold”) is pleased to announce the extension (the “Extension Letter Agreement”) of the binding term sheet entered with, among other parties, Boroo Gold LLC (“Boroo Gold”) dated January 18, 2024 (the “Binding Agreement”), pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares of Boroo Gold in an all-share transaction (the “Proposed Transaction”).
  • The Extension Letter Agreement extends the exclusivity period between Steppe Gold and Boroo Gold in the Binding Agreement from March 29, 2024 to April 12, 2024, or such earlier or later time as Steppe Gold and Boroo Gold mutually agree, in order to provide more time for the parties to complete due diligence and enter into a definitive agreement.
  • For more information on the Transaction, please see the news release dated January 22, 2024 which is available on SEDAR+ at www.sedarplus.ca.

Updated BlueFire Equipment Corp (BLFR) Announces its Third Quarter Fiscal 2023 Financial Results, Highlights and Outlook

Retrieved on: 
Monday, November 20, 2023

Woodlands, TX., Nov. 20, 2023 (GLOBE NEWSWIRE) -- BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions, today announces its third quarter fiscal 2023 financial results, highlights, and outlook.

Key Points: 
  • Woodlands, TX., Nov. 20, 2023 (GLOBE NEWSWIRE) -- BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions, today announces its third quarter fiscal 2023 financial results , highlights, and outlook.
  • $10,193,317 in Total assets, a 228% increase compared to the quarter ended September 30, 2022.
  • $623,043 in Net Income, a 2,041% increase compared to the quarter ended September 30, 2022.
  • $169,366 in Net Cash Provided by Operating Activities, a 989% increase compared to the quarter ended September 30, 2022.

BlueFire Equipment Corp (BLFR) Announces its Third Quarter Fiscal 2023 Financial Results, Highlights and Outlook

Retrieved on: 
Monday, November 20, 2023

Woodlands, TX., Nov. 20, 2023 (GLOBE NEWSWIRE) -- BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions, today announces its third quarter fiscal 2023 financial results, highlights, and outlook.

Key Points: 
  • Woodlands, TX., Nov. 20, 2023 (GLOBE NEWSWIRE) -- BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions, today announces its third quarter fiscal 2023 financial results, highlights, and outlook.
  • $10,193,317 in Total assets, a 228% increase compared to the quarter ended September 30, 2023.
  • $623,043 in Net Income, a 2,041% increase compared to the quarter ended September 30, 2023.
  • $169,366 in Net Cash Provided by Operating Activities, a 989% increase compared to the quarter ended September 30, 2023.

BlueFire Equipment Corp (BLFR) Reduces Authorize Common Stock, Increases Series A Preferred Stock for Future Acquisitions, and Shares Updates on the Binding Letter Agreement with Resource Rock Exploration, LLC.

Retrieved on: 
Wednesday, November 8, 2023

, Nov. 08, 2023 (GLOBE NEWSWIRE) -- BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions, today announces the reduction of the Company’s Authorize Common Stock, increase of the Company’s Series A Preferred Stock, and updates on the Binding Letter Agreement with Resource Rock Exploration, LLC.

Key Points: 
  • , Nov. 08, 2023 (GLOBE NEWSWIRE) -- BlueFire Equipment Corp. (OTC: BLFR) (“BLFR” or the “Company”), a specialist in emerging industry acquisitions, today announces the reduction of the Company’s Authorize Common Stock, increase of the Company’s Series A Preferred Stock, and updates on the Binding Letter Agreement with Resource Rock Exploration, LLC.
  • On November 7, 2023, the Company reduced its Authorized Common Stock from 2 billion shares to 250 million shares .
  • Series A Preferred Stock Increase:
    On November 7, 2023, the Company increased its Series A Preferred Stock from 50 million shares to 99 million shares .
  • Management increased the Company’s Series A Preferred Stock for future potential acquisitions.

Freedom Holdings signs Binding Letter of Intent to enter the Cannabis Industry

Retrieved on: 
Tuesday, January 24, 2023

Ossian, Indiana, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Freedom Holdings, Inc. aka Freedom Acquisition Corp (OTC: FHLD) ("FHLD" the "Company") is pleased to announce that it has entered into a Binding Letter of Intent with a promising cannabis company with high values and a long-term goal in which completes our plan to re-structuring the company with a productive organization in the Cannabis arena.

Key Points: 
  • Ossian, Indiana, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Freedom Holdings, Inc. aka Freedom Acquisition Corp (OTC: FHLD) ("FHLD" the "Company") is pleased to announce that it has entered into a Binding Letter of Intent with a promising cannabis company with high values and a long-term goal in which completes our plan to re-structuring the company with a productive organization in the Cannabis arena.
  • The Binding Letter of Intent seals the intent of both companies to consummate the deal in short order and begin building shareholder value.
  • More information will soon to be released as soon as the final terms of the transaction have been agreed upon.

Thermo Fisher Scientific Completes Acquisition of The Binding Site Group

Retrieved on: 
Tuesday, January 3, 2023

Thermo Fisher Scientific Inc. (NYSE: TMO) (“Thermo Fisher”), the world leader in serving science, today announced that it has completed its acquisition of The Binding Site Group (“The Binding Site”), a global leader in specialty diagnostics, from a shareholder group led by European private equity firm Nordic Capital, in an all-cash transaction valued at £2.3 billion, or $2.8 billion at current exchange rates.

Key Points: 
  • Thermo Fisher Scientific Inc. (NYSE: TMO) (“Thermo Fisher”), the world leader in serving science, today announced that it has completed its acquisition of The Binding Site Group (“The Binding Site”), a global leader in specialty diagnostics, from a shareholder group led by European private equity firm Nordic Capital, in an all-cash transaction valued at £2.3 billion, or $2.8 billion at current exchange rates.
  • Thermo Fisher announced the agreement to acquire The Binding Site on October 31, 2022 .
  • “We are very excited to welcome The Binding Site colleagues to Thermo Fisher Scientific,” said Marc N. Casper, chairman, president and chief executive officer of Thermo Fisher.
  • “The Binding Site expands our existing specialty diagnostics portfolio with the addition of pioneering innovation in diagnostics and monitoring for multiple myeloma.

Thermo Fisher Scientific to Acquire The Binding Site Group

Retrieved on: 
Monday, October 31, 2022

Thermo Fisher Scientific Inc. (NYSE: TMO) (Thermo Fisher), the world leader in serving science, today announced that it has entered into a definitive agreement to acquire The Binding Site Group (The Binding Site), a global leader in specialty diagnostics, from a shareholder group led by European private equity firm Nordic Capital, in an all-cash transaction valued at 2.25 billion, or $2.6 billion at current exchange rates.

Key Points: 
  • Thermo Fisher Scientific Inc. (NYSE: TMO) (Thermo Fisher), the world leader in serving science, today announced that it has entered into a definitive agreement to acquire The Binding Site Group (The Binding Site), a global leader in specialty diagnostics, from a shareholder group led by European private equity firm Nordic Capital, in an all-cash transaction valued at 2.25 billion, or $2.6 billion at current exchange rates.
  • Headquartered in Birmingham, United Kingdom, The Binding Site has more than 1,100 employees globally and is an active and influential contributor to the broader scientific community.
  • The strong clinical value of The Binding Site offering enables doctors across the globe to support millions of patients every year.
  • We are excited by the opportunity to enable further innovation in this area for the benefit of patients and look forward to welcoming The Binding Site team to Thermo Fisher.

XS Brokers Announces Double Digit Growth Leading to Strategic Realignment and Promotions

Retrieved on: 
Wednesday, September 28, 2022

QUINCY, Mass., Sept. 28, 2022 /PRNewswire/ -- XS Brokers (XSB), a leading independent insurance underwriting and wholesale brokerage group, announces a realignment plan to better support the organization's considerable year over year growth.

Key Points: 
  • QUINCY, Mass., Sept. 28, 2022 /PRNewswire/ -- XS Brokers (XSB), a leading independent insurance underwriting and wholesale brokerage group, announces a realignment plan to better support the organization's considerable year over year growth.
  • Under her leadership, she will ensure XS Brokers' family-owned company values extend to supporting clients and advance the company's efforts of attracting Top 100 retailers nationwide.
  • "Over the past three years, XS Specialty Brokerage has become a significantly larger portion of XSB's overall premiums.
  • Licensed in 50 states and with well over 30 binding authority facilities and strategic carrier appointments, XSB continues to achieve double-digit growth and profit.

Aeroméxico Executes a Letter of Intent to Enter into Transactions to Assume Full Control of the Club Premier Loyalty Program

Retrieved on: 
Tuesday, February 8, 2022

The Transaction is expected to close within six months of the Bankruptcy Court's order, entered on February 4, 2022, confirming the Plan.

Key Points: 
  • The Transaction is expected to close within six months of the Bankruptcy Court's order, entered on February 4, 2022, confirming the Plan.
  • Andres Conesa, CEO of Aeromxico stated: "Today's announcement is another very exciting day for the Aeromxico family and our Club Premier members.
  • Since 2010, our joint vision has built Club Premier into one of the leading airline loyalty programs in Latin America.
  • We wish Aeromexico continued success as they emerge from the bankruptcy process as a significantly strengthened airline, supported by its loyalty program."

Decklar Resources Inc. Announces Closing of Funding Transaction With San Leon Energy

Retrieved on: 
Thursday, January 27, 2022

Decklar Petroleum and San Leon have agreed to new terms on financing arrangements whereby San Leon will advance US$4,750,000 immediately and an additional US$2,000,000 by April 30, 2022 (or San Leon will accept a pro rata reduction in its shareholding in Decklar Petroleum).

Key Points: 
  • Decklar Petroleum and San Leon have agreed to new terms on financing arrangements whereby San Leon will advance US$4,750,000 immediately and an additional US$2,000,000 by April 30, 2022 (or San Leon will accept a pro rata reduction in its shareholding in Decklar Petroleum).
  • Terms of previously announced agreements between Decklar Petroleum and San Leon have been modified in order to complete the transaction.
  • As detailed below, in 2020, the Company announced that San Leon had conditionally agreed to advance US$7,500,000 by way of a loan to Decklars wholly-owned subsidiary, Decklar Petroleum Limited (Decklar Petroleum).
  • Decklar has agreed to modified terms to proceed with the arrangement with San Leon and to involve San Leon in future development planning.