Minority | Jotup

Christina Lake Closes First Tranche of Non-Brokered Private Placement of Secured Convertible Notes

Retrieved on:

Friday, March 1, 2024

Acquisition, CLB, Toronto Stock Exchange, CLC, Term, CDN, Multilateral, Minority, Offering

VANCOUVER, British Columbia, March 01, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) further to the press release dated February 5, 2024, the Company is pleased to announce that it has closed the first tranche (the “First Tranche”) of a non-brokered private placement of secured convertible promissory notes (the “Notes”) in the principal amount of CDN$1,925,000 (the “Offering”).

Key Points:

VANCOUVER, British Columbia, March 01, 2024 (GLOBE NEWSWIRE) -- Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) (CSE: CLC) (OTCQB: CLCFF) (FRANKFURT: CLB) further to the press release dated February 5, 2024, the Company is pleased to announce that it has closed the first tranche (the “First Tranche”) of a non-brokered private placement of secured convertible promissory notes (the “Notes”) in the principal amount of CDN$1,925,000 (the “Offering”).
The Company issued convertible promissory notes (“Notes”) secured by land and buildings.
Outstanding principal and unpaid interest from the Note is convertible into common shares at a conversion price of $0.05 per common share during the Term.
Certain insiders of the Company participated in the first tranche of the Offering for an aggregate total of $1,355,000 in Notes.

Bitcoin Well Launches Customer Loyalty Program Alongside the Bitcoin Jackpot Contest and Partnership With Simply Bitcoin

Retrieved on:

Thursday, February 29, 2024

Well, Opti, Multilateral, Option, Indian stock exchange, Sponsor (commercial), Loyalty program, Minority, Partnership, Cryptocurrency

Bitcoin Jackpot Contest is live with each entrant to the contest adding bitcoin to the Bitcoin Jackpot.

Key Points:

Bitcoin Jackpot Contest is live with each entrant to the contest adding bitcoin to the Bitcoin Jackpot.
The Company has designed and released a customer loyalty program to incentivize certain customer behaviours and provide additional value to customers who use the Bitcoin Portal on a regular basis.
This will include quality bitcoin products, exclusive bitcoin products, contest entries or, of course, bitcoin.
The Bitcoin Jackpot Contest exemplifies the versatility and unique structure of our Loyalty Program.

Fobi AI Announces Completion of Non-Brokered Placement

Retrieved on:

Thursday, February 29, 2024

The Insider, TSX Venture Exchange, AI, Marketing, News, Sale, Exercise, Warrant, Multilateral, PI, Indian stock exchange, Unit, Acceleration, Minority, Offering, Security (finance)

VANCOUVER, BC, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the "Company" or "Fobi"), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that, further to its press release dated February 28, 2024, it has completed a non-brokered private placement offering (the "Offering") of 7,603,569 units of the Company ("Units") at a price per Unit of $0.07 for aggregate gross proceeds of $532,250.

Key Points:

I am deeply humbled and grateful for the overwhelming interest and support we have received for our listed issuer financing exemption (“LIFE”) offering.
As we reached the maximum eligible investment, we received a couple of large orders that unfortunately couldn't be accommodated within the LIFE offering.
Recognizing this demand, the parties involved approached us to explore the possibility of an additional private placement.
To download the Fobi Investor Experience Wallet Pass to get enhanced access to investor information about Fobi, please visit our Investor Experience page .

Treasure & Shipwreck Recovery (OTCPK: BLIS) announces Letter of Intent to complete Reverse Merger

Retrieved on:

Wednesday, February 28, 2024

BLIS, Small business, Treasure, TSR, Defense, Corner, Corner Shot, Service-Disabled Veteran-Owned Small Business, NAPC, Minority, Law enforcement, Native

FT. PIERCE, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- The Board of Directors at Treasure & Shipwreck Recovery, Inc. ("TSR", “Beliss Corp” or "BLIS"), trading as (OTCPK: BLIS), announces that it signed a Letter of Intent (“LOI”) to effect a reverse merger with Native American Pride Contractors, LLC (“NAPC”) of Largo, FL.

Key Points:

FT. PIERCE, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- The Board of Directors at Treasure & Shipwreck Recovery, Inc. ("TSR", “Beliss Corp” or "BLIS"), trading as (OTCPK: BLIS), announces that it signed a Letter of Intent (“LOI”) to effect a reverse merger with Native American Pride Contractors, LLC (“NAPC”) of Largo, FL.
Assuming the merger is completed on agreed terms, management at both BLIS and NAPC are confident the combined entities will be a win-win for all its investors and shareholders.
Additionally, the merger will include existing licenses allowing it to bid and win contracts in the Defense industry.
NAPC also brings significant potential value based on current interest and preliminary orders for its Corner Shot® USA weapon systems.

Optimi Announces Closing of First Tranche of Non-Brokered Private Placement

Retrieved on:

Wednesday, February 28, 2024

Acquisition, Health Canada, FRA, GMP, Warrant, Exercise, MDMA, CAD, Indian stock exchange, Chairperson, Unit, Patient, Minority, Offering, Security (finance)

The Company intends to use the net proceeds from the Offering to obtain its Drug Establishment License, facilitate commercialization, and for general working capital.

Key Points:

The Company intends to use the net proceeds from the Offering to obtain its Drug Establishment License, facilitate commercialization, and for general working capital.
JJ Wilson and Dane Stevens, co-founders of Optimi, emphasize, “We are fully dedicated to Optimi's mission of becoming the leading end-to-end supplier of GMP psychedelics.
In addition to the financing, the Company also announces that specific founders have agreed to a one-year voluntary lock-up period for their founder shares.
This additional commitment, along with the founders' participation in the financing, emphasizes their dedication to commercializing the business and establishing sustainable markets for its products.

HydroGraph Announces Closing of Second Tranche of Private Placement

Retrieved on:

Monday, February 26, 2024

Regulation, News, Sale, Exercise, Warrant, Common, Indian stock exchange, Unit, Hydrograph, Minority, Offering, Security (finance)

VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) announces that the Company has closed the second tranche (the “Second Tranche”) of its non-brokered private placement (the “Offering”) previously announced on October 30, 2023. Pursuant to the Second Tranche, the Company issued an aggregate of 9,626,000 units of the Company (the “Units”) for aggregate gross proceeds of C$962,600. The Units were offered in US dollars and Canadian dollars at the respective prices of US$0.074 and C$0.10. To date, HydroGraph has sold and issued an aggregate of 19,886,856 Units for gross proceeds of approximately C$1.99 million pursuant to the Offering.

Key Points:

Not for distribution to U.S. newswire services or dissemination in the United States
VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) announces that the Company has closed the second tranche (the “Second Tranche”) of its non-brokered private placement (the “Offering”) previously announced on October 30, 2023.
Pursuant to the Second Tranche, the Company issued an aggregate of 9,626,000 units of the Company (the “Units”) for aggregate gross proceeds of C$962,600.
To date, HydroGraph has sold and issued an aggregate of 19,886,856 Units for gross proceeds of approximately C$1.99 million pursuant to the Offering.
One insider of the Company participated in the Second Tranche and subscribed for a total of 250,000 Units for gross proceeds of C$25,000.

Yintai to Acquire Osino in an All-Cash Transaction for C$368 million

Retrieved on:

Sunday, February 25, 2024

King & Wood Mallesons, Mining, BMO Capital Markets, TSX, Toronto Stock Exchange, Transaction, Multilateral, Committee, Gold, Tax, LLP, DPM, NSX, Consideration, Capital, Minority, DeHeng Law Offices, OSN, Security (finance)

VANCOUVER, British Columbia, Feb. 25, 2024 (GLOBE NEWSWIRE) -- Yintai Gold Co., Ltd (000975.CN) ("Yintai") and Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) ("Osino") are pleased to announce that they have entered into a binding arrangement agreement (the "Yintai Arrangement Agreement"), pursuant to which Yintai will acquire all of the outstanding common shares of Osino (each, an "Osino Common Share") by way of a plan of arrangement (the "Yintai Arrangement"), for cash consideration of C$1.90 for each Osino Common Share, valuing Osino at approximately C$368 million.

Key Points:

VANCOUVER, British Columbia, Feb. 25, 2024 (GLOBE NEWSWIRE) -- Yintai Gold Co., Ltd (000975.CN) ("Yintai") and Osino Resources Corp. (TSX:OSI.V) (NSX:OSN) (FSE:RSR1) ("Osino") are pleased to announce that they have entered into a binding arrangement agreement (the "Yintai Arrangement Agreement"), pursuant to which Yintai will acquire all of the outstanding common shares of Osino (each, an "Osino Common Share") by way of a plan of arrangement (the "Yintai Arrangement"), for cash consideration of C$1.90 for each Osino Common Share, valuing Osino at approximately C$368 million.
Accordingly, the Osino Board and the Special Committee recommend that Osino shareholders vote IN FAVOUR of the Transaction.
The Yintai Arrangement Agreement also provides for a termination fee of US$9.55 million, payable by Osino to Yintai in certain specified circumstances along with the repayment or conversion of the loan.
The Yintai Arrangement Agreement also includes a reverse termination fee in the amount of US$9.55 million, payable by Yintai to Osino in certain other specified circumstances.

SONORO GOLD ANNOUNCES CLOSING OF FIRST TRANCHE OF $1 MILLION NON-BROKERED PRIVATE PLACEMENT

Retrieved on:

Tuesday, February 20, 2024

TSX Venture Exchange, Multilateral, SGO, Policy, Minority, Offering

Each Unit consists of one Sonoro common share and one common share purchase warrant.

Key Points:

Each Unit consists of one Sonoro common share and one common share purchase warrant.
Each warrant entitles the holder thereof to purchase one additional Sonoro common share for a period of three years from the closing of the private placement at an exercise price of C$0.07 per share.
The net proceeds from the Offering will be used to fund the ongoing development of the Company’s Cerro Caliche gold project in Sonora, Mexico.
In connection with the First Tranche, the Company paid $3,500.00 in Finder’s fees and issued 70,000 in non-transferable Finder’s Warrants.

ARHT Media Announces Closing of a $250,000 Private Placement of Secured Subordinated Debentures

Retrieved on:

Tuesday, February 20, 2024

OTCQB, GSA, TSX Venture Exchange, Finance Secretary (India), Debt, TSX, Private, ART, National instrument, Minority, Security (finance)

TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- ARHT Media Inc. ("ARHT" or the "Company") (TSXV:ART), (OTCQB:ARHTF) the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, is pleased to announce that the Company has successfully closed a private placement (the “Private Placement”) of 2024 Series A secured subordinated debentures (the “Debentures”) for an aggregate principal amount of $250,000 (the "Principal Amount").

Key Points:

TORONTO, Feb. 20, 2024 (GLOBE NEWSWIRE) -- ARHT Media Inc. ("ARHT" or the "Company") (TSXV:ART), (OTCQB:ARHTF) the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, is pleased to announce that the Company has successfully closed a private placement (the “Private Placement”) of 2024 Series A secured subordinated debentures (the “Debentures”) for an aggregate principal amount of $250,000 (the "Principal Amount").
The Principal Amount of the Debentures is not convertible into common shares or any other securities of the Company.
The security interest in collateral comprising of accounts receivable and inventory are subordinated to the Company's current senior lender's security interest.
The Company intends to use the net proceeds from the Private Placement for general working capital purposes to support the Company's growth.

NMG Announces the Successful Closing of the US$50 Million Tranche 1 Investment by GM and Panasonic

Retrieved on:

Wednesday, February 28, 2024

Through the Tranche 1 Investment, each of GM and Panasonic subscribed for 12,500,000 Common Shares and 12,500,000 Warrants for an aggregate purchase price of US$25 million.

Key Points:

Through the Tranche 1 Investment, each of GM and Panasonic subscribed for 12,500,000 Common Shares and 12,500,000 Warrants for an aggregate purchase price of US$25 million.
The Company intends to use the proceeds of the Tranche 1 Investment to support the advancement of NMG’s Phase-2 operations – the Matawinie Mine and the Bécancour Battery Material Plant – in line with their respective battery specifications.
The Warrants are subject to a hold period of 4 months and one day expiring on June 29, 2024.
Prior to the Tranche 1 Investment, Panasonic owned no shares in the capital of NMG and no Warrants.