National Bank of Canada

VIZSLA SILVER UPDATES AT-THE-MARKET EQUITY PROGRAM

Retrieved on: 
Saturday, September 14, 2024

VANCOUVER, BC, Sept. 13, 2024 /PRNewswire/ - Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") announced today that it has updated its at-the-market equity program (the "ATM Program") to offer and sell up to US$100 million of common shares of the Company ("Common Shares") to the public, from time to time, through the Agents (as defined below).

Key Points: 
  • VANCOUVER, BC, Sept. 13, 2024 /PRNewswire/ - Vizsla Silver Corp. (TSXV: VZLA) (NYSE: VZLA) (Frankfurt: 0G3) ("Vizsla Silver" or the "Company") announced today that it has updated its at-the-market equity program (the "ATM Program") to offer and sell up to US$100 million of common shares of the Company ("Common Shares") to the public, from time to time, through the Agents (as defined below).
  • Concurrent with entering into the Equity Distribution Agreement, the Company's previously announced at-the-market equity distribution agreement dated March 26, 2024 was terminated.
  • "It is prudent for Vizsla Silver to have an ATM Program available for optionality," commented Michael Konnert, President & CEO.
  • The Prospectus Supplement, the Base Shelf Prospectus and the Equity Distribution Agreement are available at www.sedarplus.ca and the U.S.

Pluribus Technologies Corp. Announces Amendment to Second Forbearance Agreement

Retrieved on: 
Friday, September 13, 2024

TORONTO, Sept. 13, 2024 /PRNewswire/ - Pluribus Technologies Corp. (TSXV: PLRB) ("Pluribus" or the "Company") announces an amendment (the "Amendment") to the previously-announced forbearance agreement (the "Second Forbearance Agreement") dated August 14, 2024 between the Company and National Bank of Canada (the "Lender"), relating to a secured credit agreement dated April 27, 2022, as amended, among the Company, certain of its subsidiaries and the Lender.

Key Points: 
  • TORONTO, Sept. 13, 2024 /PRNewswire/ - Pluribus Technologies Corp. (TSXV: PLRB) ("Pluribus" or the "Company") announces an amendment (the "Amendment") to the previously-announced forbearance agreement (the "Second Forbearance Agreement") dated August 14, 2024 between the Company and National Bank of Canada (the "Lender"), relating to a secured credit agreement dated April 27, 2022, as amended, among the Company, certain of its subsidiaries and the Lender.
  • Under the Second Forbearance Agreement, the Company provided a covenant to close a certain sale transaction, in respect of which the Company has executed a non-binding letter of intent, on or before September 16, 2024.
  • Under the Amendment, the Lender has agreed to extend the term of the covenant to close such sale transaction on or before October 1, 2024.
  • The Company will provide an update when further disclosure is required or otherwise appropriate.

Logan Energy Corp. Announces Duvernay Land Position, Accelerated Pouce Coupe Development, Preliminary 2025 Budget, $30 Million Equity Offering and Committed Credit Facilities of $125 Million

Retrieved on: 
Thursday, September 12, 2024

CALGARY, Alberta, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Logan Energy Corp. (TSXV: LGN) ("Logan" or the "Company") is pleased to announce the details of its Duvernay land position, which represents a new play type comprised of highly economic drilling inventory, and the acceleration of full field development at Pouce Coupe, including the construction of a 40 mmcf/d gas plant and associated infrastructure. In addition, the Company is pleased to announce its expanded 2024 budget and a fully funded preliminary budget for 2025, which will deliver 82% growth in Adjusted Funds Flow per share.

Key Points: 
  • Logan’s position is comprised of blocks located in North Simonette (the "Simonette Duvernay") and Ante Creek (the "Ante Creek Duvernay", and collectively, the "Duvernay Assets").
  • Underpinned by thorough geotechnical evaluation, the Duvernay Assets add over 140 extended reach horizontal Duvernay oil locations1.
  • The Duvernay Assets provide incremental development opportunities to complement Logan’s organic development plans for its existing Pouce Coupe and Simonette Montney assets.
  • Logan believes the Ante Creek Duvernay will deliver similar results as Simonette and other areas in Kaybob of similar thickness.

Horizon Copper Strengthens Financing Capacity with $30 Million Revolving Credit Facility Plus $20 Million Accordion Feature

Retrieved on: 
Tuesday, September 10, 2024

VANCOUVER, BC, Sept. 10, 2024 /PRNewswire/ - Horizon Copper Corp. (TSX-V: HCU) (OTCQX: HNCUF) ("Horizon Copper", "Horizon", or the "Company") is pleased to announce that it has entered into a revolving credit agreement with National Bank of Canada and The Bank of Nova Scotia allowing the Company to borrow up to US$30 million (the "Revolving Loan"), with an additional uncommitted accordion of up to US$20 million, for total availability of up to US$50 million.

Key Points: 
  • VANCOUVER, BC, Sept. 10, 2024 /PRNewswire/ - Horizon Copper Corp. (TSX-V: HCU) (OTCQX: HNCUF) ("Horizon Copper", "Horizon", or the "Company") is pleased to announce that it has entered into a revolving credit agreement with National Bank of Canada and The Bank of Nova Scotia allowing the Company to borrow up to US$30 million (the "Revolving Loan"), with an additional uncommitted accordion of up to US$20 million, for total availability of up to US$50 million.
  • The Revolving Loan has a term of four years, maturing in September 2028 and is extendable subject to approval by the lenders.
  • Horizon intends to use the Revolving Loan for future asset acquisitions, its funding requirements related to the development of the Hod Maden project, and general corporate purposes.
  • "This credit facility, coupled with our existing cash reserves, improves Horizon's financing flexibility as we look to grow the Company and continue to invest in the development work at Hod Maden."

Dividend 15 Split Corp. At-The-Market Equity Program Renewed

Retrieved on: 
Tuesday, September 10, 2024

TORONTO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. (the “Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until October 9, 2026, unless terminated prior to such date by the Company.

Key Points: 
  • TORONTO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. (the “Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until October 9, 2026, unless terminated prior to such date by the Company.
  • This ATM Program replaces the prior program established in March 2024 that has terminated.
  • Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated September 9, 2024 with National Bank Financial Inc. (the “Agent”).
  • The volume and timing of distributions under the ATM Program, if any, will be determined at the Company’s sole discretion.

North American Financial 15 Split Corp. At-The-Market Equity Program Renewed

Retrieved on: 
Tuesday, September 10, 2024

TORONTO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (the “Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until October 6, 2026 unless terminated prior to such date by the Company.

Key Points: 
  • TORONTO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (the “Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until October 6, 2026 unless terminated prior to such date by the Company.
  • This ATM Program replaces the prior program established in August 2022 that has terminated.
  • Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated September 9, 2024 with National Bank Financial Inc. (the “Agent”).
  • The volume and timing of distributions under the ATM Program, if any, will be determined at the Company’s sole discretion.

WCAS Completes Acquisition of EquiLend

Retrieved on: 
Thursday, September 5, 2024

NEW YORK, Sept. 5, 2024 /PRNewswire/ -- EquiLend, the global technology, data and analytics company for the securities finance industry, today announces the completion of its majority acquisition by private equity firm Welsh, Carson, Anderson & Stowe (WCAS). The deal's closure follows regulatory approval from EquiLend's regulators in the U.S., UK and Ireland. The acquisition agreement was first announced in January 2024. 

Key Points: 
  • NEW YORK, Sept. 5, 2024 /PRNewswire/ -- EquiLend, the global technology, data and analytics company for the securities finance industry, today announces the completion of its majority acquisition by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).
  • The acquisition agreement was first announced in January 2024.
  • Joining WCAS as owners of EquiLend are founding shareholders and customers including Bank of America, BlackRock, Goldman Sachs, Morgan Stanley, National Bank of Canada, State Street, and UBS.
  • Ryan Harper, General Partner at WCAS, stated, "With the necessary regulatory approvals now in place, EquiLend is poised to accelerate its growth and further the automation of the securities finance market.

WCAS Completes Acquisition of EquiLend

Retrieved on: 
Thursday, September 5, 2024

NEW YORK, Sept. 5, 2024 /PRNewswire/ -- EquiLend, the global technology, data and analytics company for the securities finance industry, today announces the completion of its majority acquisition by private equity firm Welsh, Carson, Anderson & Stowe (WCAS). The deal's closure follows regulatory approval from EquiLend's regulators in the U.S., UK and Ireland. The acquisition agreement was first announced in January 2024. 

Key Points: 
  • NEW YORK, Sept. 5, 2024 /PRNewswire/ -- EquiLend, the global technology, data and analytics company for the securities finance industry, today announces the completion of its majority acquisition by private equity firm Welsh, Carson, Anderson & Stowe (WCAS).
  • The acquisition agreement was first announced in January 2024.
  • Joining WCAS as owners of EquiLend are founding shareholders and customers including Bank of America, BlackRock, Goldman Sachs, Morgan Stanley, National Bank of Canada, State Street, and UBS.
  • Ryan Harper, General Partner at WCAS, stated, "With the necessary regulatory approvals now in place, EquiLend is poised to accelerate its growth and further the automation of the securities finance market.

First Majestic Announces Agreement to Acquire Gatos Silver

Retrieved on: 
Thursday, September 5, 2024

VANCOUVER, British Columbia, Sept. 05, 2024 (GLOBE NEWSWIRE) -- First Majestic Silver Corp. (NYSE:AG) (TSX:AG) (FSE:FMV) (“First Majestic”) and Gatos Silver, Inc. (“Gatos”) (NYSE:GATO) (TSX:GATO) are pleased to announce they have entered into a definitive merger agreement (the “Definitive Agreement”) pursuant to which First Majestic will acquire all of the issued and outstanding common shares of Gatos (the “Transaction”).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 05, 2024 (GLOBE NEWSWIRE) -- First Majestic Silver Corp. (NYSE:AG) (TSX:AG) (FSE:FMV) (“First Majestic”) and Gatos Silver, Inc. (“Gatos”) (NYSE:GATO) (TSX:GATO) are pleased to announce they have entered into a definitive merger agreement (the “Definitive Agreement”) pursuant to which First Majestic will acquire all of the issued and outstanding common shares of Gatos (the “Transaction”).
  • Gatos is a silver dominant producer with a 70% interest in the Los Gatos Joint Venture, which owns the producing Cerro Los Gatos underground silver mine in Chihuahua, Mexico.
  • Under the terms of the Definitive Agreement, Gatos shareholders will receive 2.550 common shares of First Majestic for each common share of Gatos held.
  • Following completion of the Transaction, existing Gatos shareholders will own approximately 38% of First Majestic shares on a fully-diluted basis.

Mulvihill Canadian Bank Enhanced Yield ETF Announces Semi-Annual Results

Retrieved on: 
Friday, August 30, 2024

TORONTO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- (TSX: CBNK) Mulvihill Canadian Bank Enhanced Yield ETF (the “Fund”) announces results of operations for the six months ended June 30, 2024.

Key Points: 
  • TORONTO, Aug. 30, 2024 (GLOBE NEWSWIRE) -- (TSX: CBNK) Mulvihill Canadian Bank Enhanced Yield ETF (the “Fund”) announces results of operations for the six months ended June 30, 2024.
  • Decrease in net assets attributable to holders of Units amounted to $0.10 million or $0.01 per Unit.
  • Net assets attributable to holders of Units as at June 30, 2024 were $96.96 million or $6.90 per Unit.
  • The Fund seeks to provide unitholders with long-term capital appreciation through exposure to a portfolio consisting primarily of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada and The Toronto-Dominion Bank (collectively, the “Banks”) and monthly cash distributions.