Minority

AURORA SPINE ANNOUNCES CLOSING OF PRIVATE PLACEMENT FINANCING

Retrieved on: 
Monday, October 23, 2023

Carlsbad, California, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Aurora Spine Corporation ("Aurora Spine" or the "Company") (TSX VENTURE: ASG) (OTCQB: ASAPF) is pleased to announce that it has completed a non-brokered private placement offering of units ("Units") for gross proceeds of approximately CDN$1.9 million (the "Offering").

Key Points: 
  • Carlsbad, California, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Aurora Spine Corporation ("Aurora Spine" or the "Company") (TSX VENTURE: ASG) (OTCQB: ASAPF) is pleased to announce that it has completed a non-brokered private placement offering of units ("Units") for gross proceeds of approximately CDN$1.9 million (the "Offering").
  • Each Unit is comprised of one common share of the Company and one common share purchase warrant of the Company.
  • Each whole warrant is exercisable at a price of CDN$0.50 per common share for a period of 24 months following the date of issuance.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

LithiumBank Closes Oversubscribed Private Placement For Gross Proceeds of $3,500,000 With 27% Insider Participation; Receives Conditional Acceptance For the Intellectual Property License Agreement With G2l Greenview Resources

Retrieved on: 
Friday, October 20, 2023

CALGARY, Alberta, Oct. 20, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (the “Company” or “LithiumBank”) is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of $3,506,500 through the sale of 3,506,500 units ("Units") at a price of $1.00 per Unit (the "Private Placement"). Each Unit is comprised of one common share of the Company (a "Share") and one-half (1/2) of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase an additional Share at a price of $1.50 per Share for a period of 24 months from the date of issuance.

Key Points: 
  • The Private Placement is subject to final acceptance of the TSX Venture Exchange (the "TSXV").
  • Their participation accounted for over 27.66% of the proceeds from the Private Placement.
  • The Company is also pleased to announce following update regarding the previously announced intellectual property license agreement dated September 8, 2023 (the “License Agreement”) with G2L Greenview Resources Inc. (“G2L”), a subsidiary of Go2Lithium Inc.
  • The License Agreement and the issuance of the Consideration Shares remain subject to final TSXV approval.

DeFi Technologies Inc. and Neuronomics AG. Announce Landmark AI Joint Venture Agreement and Other Corporate Updates

Retrieved on: 
Tuesday, October 24, 2023

DeFi Technologies Inc. and Neuronomics AG have entered into a landmark Joint Venture Agreement to develop AI-based digital asset exchange traded products, actively managed certificates, and asset-backed tokens for global distribution.

Key Points: 
  • DeFi Technologies Inc. and Neuronomics AG have entered into a landmark Joint Venture Agreement to develop AI-based digital asset exchange traded products, actively managed certificates, and asset-backed tokens for global distribution.
  • The products will be powered by advanced AI algorithmic trading strategies, promising a level of sophistication and efficiency previously unseen.
  • Neuronomics AG is a Swiss-based company specializing in the development of advanced algorithmic trading strategies.
  • Leveraging its deep expertise in financial markets and innovative technology, Neuronomics pioneers new avenues for investment opportunities leveraging AI and other advanced algorithmic technologies.

Silver Bull Announces Execution of Key Persons Retention Agreement

Retrieved on: 
Saturday, October 14, 2023

Each participant must satisfy specific Claim related duties and if they do so, each participant may be entitled to a pre-defined percentage of the proceeds received by the MRA.

Key Points: 
  • Each participant must satisfy specific Claim related duties and if they do so, each participant may be entitled to a pre-defined percentage of the proceeds received by the MRA.
  • Any forward-looking statements in this document are intended to provide Silver Bull security holders and potential investors with information regarding Silver Bull, including management's assessment of Silver Bull’s future plans and financial outlook.
  • Any forward-looking statements reflect Silver Bull's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance.
  • There is no guarantee that the Company will be successful in obtaining TSX or shareholder approval in respect of the MRA.

Imperial Agrees to Issue up to $20 Million of Non-Convertible Debentures

Retrieved on: 
Friday, October 13, 2023

The proceeds of the Private Placement are intended to be used to fund the operation and development at the Company’s Red Chris mine and for general working capital purposes.

Key Points: 
  • The proceeds of the Private Placement are intended to be used to fund the operation and development at the Company’s Red Chris mine and for general working capital purposes.
  • N. Murray Edwards has agreed to purchase up to $12,500,000 of the Debentures.
  • Such participation is considered to be a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”) Protection of Minority Security Holders in Special Transactions (“MI 61-101”).
  • This release does not constitute an offer for sale of securities in the United States.

Stallion Discoveries Corp. Announces Name Change to Stallion Uranium Corp.

Retrieved on: 
Thursday, October 12, 2023

Under the name of Stallion Uranium Corp., the Company aims to underscore its focus on uranium exploration in the Athabasca Basin.

Key Points: 
  • Under the name of Stallion Uranium Corp., the Company aims to underscore its focus on uranium exploration in the Athabasca Basin.
  • The company is driven by a mission to find the next significant uranium discovery and fuel the future with uranium.
  • "Stallion Uranium Corp. reflects our dedication to advancing our uranium projects in the Athabasca Basin and our commitment to advancing sustainable energy solutions,” expressed Stallion’s CEO, Drew Zimmerman.
  • The transition from Stallion Discoveries Corp. to Stallion Uranium Corp. will not impact the company's core values or dedication to excellence.

Abcourt Closes a Second Tranche of the Private Placement of Units Previously Announced, for an Additional Amount of $538,400

Retrieved on: 
Thursday, October 12, 2023

ROUYN-NORANDA, Quebec, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) announces that it has completed a second tranche of the non-brokered private placement announced on August 31, 2023, for additional gross proceeds of $538,400, representing 13,460,000 units of the Corporation (“Units”) at a price of $0.04 per Unit (the "Offering").

Key Points: 
  • Each Unit consists of one common share of the Corporation (a “Common Share”) and one common share purchase warrant (a “Warrant”).
  • Each Warrant entitles the holder thereof to purchase one Common Share at a price of $0.05 for a period of 36 months.
  • The Offering and the Royalty Payment remain subject to final approval of the Exchange.
  • This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

Brookfield Reinsurance Announces Commencement of Exchange Offer

Retrieved on: 
Wednesday, October 11, 2023

BROOKFIELD, NEWS, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE) today announced that it has formally commenced its previously announced offer (the “Offer”) whereby holders of Class A Limited Voting Shares (“BN Shares”) of Brookfield Corporation (NYSE, TSX: BN) have the opportunity to voluntarily exchange up to 40,000,000 BN Shares for newly-issued Brookfield Reinsurance Shares1 on a one-for-one basis.

Key Points: 
  • BROOKFIELD, NEWS, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Brookfield Reinsurance (NYSE, TSX: BNRE) today announced that it has formally commenced its previously announced offer (the “Offer”) whereby holders of Class A Limited Voting Shares (“BN Shares”) of Brookfield Corporation (NYSE, TSX: BN) have the opportunity to voluntarily exchange up to 40,000,000 BN Shares for newly-issued Brookfield Reinsurance Shares1 on a one-for-one basis.
  • It also enables the Offer to be structured so that the equity base and market capitalization of Brookfield Reinsurance can be enhanced without any dilution to Brookfield Corporation or Brookfield Reinsurance shareholders.
  • Neither Brookfield Reinsurance, Brookfield Corporation nor any other person is making any recommendation as to whether or not a holder of BN Shares should tender such holder’s shares for exchange in the Offer.
  • The Brookfield Reinsurance Shares under the Offer are class A-1 exchangeable non-voting shares of Brookfield Reinsurance, which are (i) convertible into class A exchangeable limited voting shares of Brookfield Reinsurance, and (ii) exchangeable into BN Shares, in each case on a one-for-one basis.

RevoluGROUP Canada Inc. Successfully Completes $1.5 Million Private Placement, Formally Announces Gavin McMillan as CEO Including Allocation of 2 Million Incentive Options

Retrieved on: 
Tuesday, October 10, 2023

There were no finders’ fees paid in connection with this private placement.

Key Points: 
  • There were no finders’ fees paid in connection with this private placement.
  • Aggregate number of units subscribed by related parties is 16,420,000 Units
    Bernard Lonis, Chairman of RevoluGROUP, commented, "We are incredibly pleased with the successful completion of the private placement.
  • The Company is also pleased to announce the appointment of Gavin M. McMillan as its new Chief Executive Officer (CEO).
  • The Company announces that incentive share options to purchase up to 2,000,000 common shares of the Company were granted to CEO Gavin McMillan with an exercise price of $0.05 per share.

The Minority Business Development Agency Announces Winners of the 2023 National Minority Enterprise Development Week Awards

Retrieved on: 
Thursday, October 5, 2023

WASHINGTON, D.C., Oct. 05, 2023 (GLOBE NEWSWIRE) -- WASHINGTON, DC – Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) proudly announces recipients of the 2023 Minority Enterprise Development (MED) Week Awards.

Key Points: 
  • WASHINGTON, D.C., Oct. 05, 2023 (GLOBE NEWSWIRE) -- WASHINGTON, DC – Today, the U.S. Department of Commerce, Minority Business Development Agency (MBDA) proudly announces recipients of the 2023 Minority Enterprise Development (MED) Week Awards.
  • The National MED Week Awards are the highest level of national recognition that a U.S. minority business enterprise can receive from the Department of Commerce.
  • These prestigious awards celebrate the outstanding achievements of minority entrepreneurs, as well as the individuals and organizations that have demonstrated their commitment to advancing minority business enterprises.
  • 2023 National MED Week will be hosted in collaboration with the Annual Conference & Exchange by the National Minority Supplier Development Council (NMSDC), and will take place in Baltimore, Maryland from October 22-25.