Minority

LEONOVUS ANNOUNCES SALE OF ASSETS AND DEBT SETTLEMENT

Retrieved on: 
Wednesday, January 31, 2024
News, CDN, CRL, Transaction, LTV, Policy, Privacy, Access control, ZTNA, Software, The Insider, Internet of things, Layer, Indian stock exchange, Chair, ...Continued, Debt, Acquisition, Disposition, NEX, Legislation, Deposit, Debt settlement, Warrant, LOI, Documentation, TSX Venture Exchange, IEEE 802.1AE, Minority, Person, Patent, Creditor, Sale, Communication, Bank

The Transaction is subject to the requirement that the Company and CRL enter into a definitive purchase and sale agreement (the "Definitive Agreement").

Key Points: 
  • The Transaction is subject to the requirement that the Company and CRL enter into a definitive purchase and sale agreement (the "Definitive Agreement").
  • "Our historical quarterly Management Discussion and Analysis noted the Company's need to find a strategic solution such as merger, acquisition, or sale of assets.
  • Related party involvement in the Debt Settlement constitutes a "related party transaction".
  • The Company expects to complete the debt settlement following completion of the Transaction.

MineHub Upsizes Financing to $4 Million

Retrieved on: 
Monday, January 29, 2024
Private, Consolidation, Risk, Private placement, Person, Policy, Sale, Indian stock exchange, Offering, Minority, TSX Venture Exchange, Multilateral, Unit, CAD, News, Security (finance)

The closing of the Offering is subject to the Company's receipt of TSXV approval for the Offering.

Key Points: 
  • The closing of the Offering is subject to the Company's receipt of TSXV approval for the Offering.
  • The Company may pay finder's fees and grant finder's warrants under the Offering as permitted by TSXV policy and applicable securities laws.
  • All securities issued under the Offering will have a hold period of four months and a day from the date of issuance.
  • For further information regarding MineHub, please email [email protected] or visit our website at www.minehub.com .

Rio2 Limited Announces Certain Directors and Employees to Receive Shares in Lieu of Salaries

Retrieved on: 
Monday, January 29, 2024
Share (finance), Security, Minority, TSX Venture Exchange, Multilateral, BVL

VANCOUVER, British Columbia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that the Company has entered into shares for services agreements (collectively, the “Shares for Services Agreements”) with certain directors and employees.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Rio2 Limited (“Rio2” or the “Company”) (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that the Company has entered into shares for services agreements (collectively, the “Shares for Services Agreements”) with certain directors and employees.
  • The total value of the Security Based Compensation that the ‎Company intends to issue is up to $750,000.
  • Alex Black, Kathryn Johnson, Klaus Zeitler, Andrew Cox, Ram Ramachandran, Sidney Robinson, Drago Kisic, and Albrecht Schneider ‎are ‎currently directors and/or officers of the Company.
  • Each issuance of common shares to such directors or officers constitutes a “related party transaction” within the meaning of Multilateral Instrument 61¬101 - ‎Protection of Minority Security Holders in Special Transactions (“MI 61-101”).

Sirona Biochem Announces Loan

Retrieved on: 
Monday, January 29, 2024
Legislation, OTC, Minority, TSX Venture Exchange, Share (finance), Loan

VANCOUVER, British Columbia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Sirona Biochem Corp .

Key Points: 
  • VANCOUVER, British Columbia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Sirona Biochem Corp .
  • (TSX-V: SBM) (FSE: ZSB) (OTC: SRBCF) (“Sirona” or the “Company”) announced that it has entered into a demand grid promissory note (the “Note”) with 0906462 B.C.
  • Ltd. (the “Lender”) for a loan in the aggregate principal amount of up to $1,000,000 (the “Loan”).
  • Accordingly, the Loan constitutes a “related party transaction” as defined in Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions (“MI 61-101”).

Latin Metals Announces Private Placement for Gross Proceeds up to $0.7 Million

Retrieved on: 
Friday, January 26, 2024
Person, LMS, Metal, Sale, Funding, Minority, TSX Venture Exchange, Multilateral, News, Security (finance)

VANCOUVER, British Columbia, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS) (OTCQB: LMSQF) announces a non-brokered private placement for gross proceeds of up to $0.7 million.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 26, 2024 (GLOBE NEWSWIRE) -- Latin Metals Inc. (“Latin Metals” or the “Company”) - (TSXV: LMS) (OTCQB: LMSQF) announces a non-brokered private placement for gross proceeds of up to $0.7 million.
  • The Company announces a non-brokered private placement (the “Financing”) of up to 10,000,000 units (each, a “Unit”) for a subscription price of $0.07 per Unit, to raise total gross proceeds of up to $0.7 million.
  • Certain directors and officers of the Company are expected to subscribe for approximately 4,300,000 Units under the Financing (for gross proceeds of $301,000).
  • The proceeds of the Financing are intended to fund ongoing exploration, generative work, and for general working capital.

HEALWELL AI to Acquire Intrahealth to Create Next Generation AI Powered EHR

Retrieved on: 
Friday, January 26, 2024
VBC, Patient, Hospital, Transaction, Person, Software as a service, Class, AI, Case management, Electronic health record, Growth, TSX, Acquisition, Minority, AIDX, WELL, Health, OTCQX, Ambulatory care, EHR, Security (finance)

Intrahealth is expected to generate over $12 million in revenues in 2024, which reflects double digit organic growth.

Key Points: 
  • Intrahealth is expected to generate over $12 million in revenues in 2024, which reflects double digit organic growth.
  • HEALWELL’s plan is to deeply integrate its industry leading AI tools with Intrahealth and help create a next generation AI Powered EHR to help significantly amplify healthcare providers and allow them to drive better health outcomes at lower costs in a manner aligned with global Value Based Care (VBC) trends.
  • Intrahealth is an advanced SaaS-based Electronic Health Records (“EHR”) management platform for small and medium enterprise healthcare organizations across Canada, Australia, and New Zealand.
  • EHR systems that are not outfitted with AI capabilities either natively or through an AI powered clinical decision support system will not be able to retain their customers in the future.

POET Technologies Announces Closing of C$6.2 Million Non-Brokered Private Placement of Units and Reports Preliminary Unaudited Fiscal Fourth Quarter and Fiscal Year 2024 Results

Retrieved on: 
Thursday, January 25, 2024
Unit, AI, Warrant, PTK, Indian stock exchange, Offering, Minority, POET, TSX Venture Exchange, Multilateral, Security (finance)

The Offering remains subject to final acceptance of the TSX Venture Exchange ("TSXV").

Key Points: 
  • The Offering remains subject to final acceptance of the TSX Venture Exchange ("TSXV").
  • Certain officers and directors of the Corporation have subscribed for an aggregate of 358,583 Units under the Offering for gross proceeds of approximately C$437,471 (US$322,725).
  • The Corporation is providing preliminary financial data in advance of its expected annual reporting on or before March 30, 2024.
  • Preliminary financial data on an unaudited basis as of December 31, 2023 are as follows (all amounts are approximate and stated in U.S. dollars):

MINILUXE ANNOUNCES CLOSING OF SECOND TRANCHE OF CONVERTIBLE NOTE FINANCING

Retrieved on: 
Tuesday, January 23, 2024
Person, Offering, CDN, Minority, USD, Regulation, Multilateral, TSX Venture Exchange, News, Security (finance)

Boston, MA, Jan. 22, 2024 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) ("MiniLuxe" or the "Company") is pleased to announce the final second closing of a non-brokered convertible debenture unit offering (the "Offering"), for gross proceeds of approximately USD$1,250,000, and aggregate gross proceeds of over USD$3,800,000 cumulatively across both tranches. For more details regarding the Offering please see the Company’s press releases dated November 30, 2023, and December 22, 2023.

Key Points: 
  • For more details regarding the Offering please see the Company’s press releases dated November 30, 2023, and December 22, 2023.
  • The second tranche of the Offering resulted in the issuance of 1250 units of the Company (each, a "Unit" and collectively the "Units") at a price of $1,000 USD per Unit, and on the same terms as the first tranche.
  • Further details will be included in a material change report that will be filed by the Company in connection with the completion of the closing of the second tranche of the Offering.
  • Completion of the Offering is subject to the satisfaction of customary closing conditions, including the approval of the TSX Venture Exchange.

ARCPOINT ANNOUNCES CLOSING OF US$1.1 MILLION NON-BROKERED PRIVATE PLACEMENT

Retrieved on: 
Tuesday, January 23, 2024
ARC, Person, Sale, Offering, Minority, TSX Venture Exchange, Multilateral, Interest, Security (finance)

Greenville, South Carolina, Jan. 22, 2024 (GLOBE NEWSWIRE) -- ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering”) for gross proceeds of US$1,100,000, through the sale of 11,000,000 Class A subordinate voting shares of the Company (each, a “Share”) at a price of US$0.10 per Share.

Key Points: 
  • The net proceeds from the Offering will be used for operational expenses and other general corporate purposes.
  • Certain insiders of the Company (the “Interested Parties”) purchased or acquired direction or control over a total of 4,000,000 Shares as part of the Offering.
  • The placement to those persons constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”).
  • The Company did not file a material change report 21 days prior to the closing of the Offering as the details of the participation of Interested Parties had not been confirmed at that time.

Prime Drink Group Corp. Enters Into Binding Letter of Intent To Acquire Triani Canada Inc.

Retrieved on: 
Monday, January 22, 2024
Legislation, Issuer, Sale, LOI, Multilateral, Letter, Consideration, Growth, IP, Transaction, Prospectus, Marketing, Name, Canadian Securities Exchange, Innovation, Exercise, Concurrency, Octane, Consolidation, Alcoholism, Adjustment, Branding, Minority, Intellectual property, News, Security (finance)

MONTREAL, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Prime Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) announces that it has entered into a binding letter of intent dated January 21, 2024 (the “Letter of Intent”) with 9296-0186 Québec Inc. (“9296”) whereby the Company will acquire all of the issued and outstanding common shares of Triani Canada Inc. (“Triani”, and together with 9296, the “Vendor”) from 9296 by way of business combination (the “Proposed Transaction”).

Key Points: 
  • MONTREAL, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Prime Drink Group Corp. (CSE: PRME) (“Prime” or the “Company”) announces that it has entered into a binding letter of intent dated January 21, 2024 (the “Letter of Intent”) with 9296-0186 Québec Inc. (“9296”) whereby the Company will acquire all of the issued and outstanding common shares of Triani Canada Inc. (“Triani”, and together with 9296, the “Vendor”) from 9296 by way of business combination (the “Proposed Transaction”).
  • Founded in 2015, Triani experienced solid growth following the company’s successful foray into Québec grocery stores with its Cantini, Ettaro, and Enjoy wine brands.
  • Triani produces and markets Octane, Mojo, Baron, and Seagram malt-based alcoholic beverages, as well as non-alcoholic products under the Hickson brand.
  • There can be no assurance that the trading of Prime Shares will resume prior to the completion of the Proposed Transaction.