CDN

Tiugo Technologies Broadens Portfolio of API-First Developer Platforms with Acquisition of Uploadcare

Retrieved on: 
Tuesday, January 16, 2024

BOSTON, Jan. 16, 2024 /PRNewswire-PRWeb/ -- Tiugo Technologies, a PSG portfolio company offering a collection of strong developer tools and solutions in the content creation and digital collaboration markets, announced the acquisition of Uploadcare. This marks Tiugo Technologies' fourth acquisition, with Uploadcare joining TinyMCE, CKEditor and Butter. Founded in 2011 by tech enthusiasts experienced in web development and image processing, Uploadcare is a file management provider and content delivery network (CDN) solution for software developers. Financial terms of the deal were not disclosed.

Key Points: 
  • This marks Tiugo Technologies' fourth acquisition, advancing its efforts to deliver a suite of content creation and collaboration tools that help empower software developers to accelerate innovation
    BOSTON, Jan. 16, 2024 /PRNewswire-PRWeb/ -- Tiugo Technologies , a PSG portfolio company offering a collection of strong developer tools and solutions in the content creation and digital collaboration markets, announced the acquisition of Uploadcare.
  • This marks Tiugo Technologies' fourth acquisition, with Uploadcare joining TinyMCE, CKEditor and Butter.
  • Tiugo Technologies is a PSG portfolio company that leverages PSG's extensive investment and operating experience to build a company of some of the leading developer platform brands.
  • "The acquisition of Uploadcare adds another strong developer platform to Tiugo's growing family of developer tools," said Paul Russ, Principal at PSG.

Greenridge Exploration Engages Max Investments Inc. for Exploration of its Weyman Copper Project

Retrieved on: 
Wednesday, January 10, 2024

VANCOUVER, British Columbia, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP), is pleased to announce it has engaged Max Investments Inc. (“Max”) to lead exploration activities on the Company’s Weyman Copper Project (the “Project”) in southwest British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP), is pleased to announce it has engaged Max Investments Inc. (“Max”) to lead exploration activities on the Company’s Weyman Copper Project (the “Project”) in southwest British Columbia.
  • Max will provide ongoing management and geological services for all upcoming exploration activities at the Project.
  • The Company intends to complete an initial exploration program (the “Program”) consisting of extensive soil and rock sampling throughout the Project.
  • The Max team brings a wealth of copper exploration experience in British Columbia and is an ideal company to lead our exploration efforts."

CacheFly Announces Exciting Executive Leadership Changes for a New Era of Innovation and Growth

Retrieved on: 
Tuesday, January 9, 2024

ELK GROVE VILLAGE, Ill., Jan. 9, 2024 /PRNewswire-PRWeb/ -- CacheFly, a pioneering content delivery network (CDN) service provider, today announced significant changes to its executive leadership team, marking a new chapter in the company's journey toward innovation and market leadership.

Key Points: 
  • ELK GROVE VILLAGE, Ill., Jan. 9, 2024 /PRNewswire-PRWeb/ -- CacheFly, a pioneering content delivery network (CDN) service provider, today announced significant changes to its executive leadership team, marking a new chapter in the company's journey toward innovation and market leadership.
  • "The new changes in our executive team reflect CacheFly's commitment to excellence and growth," said Matt Levine, Founder and chairman at CacheFly.
  • "The new changes in our executive team reflect CacheFly's commitment to excellence and growth," said Matt Levine, Founder and chairman at CacheFly.
  • As CacheFly embarks on this exciting new phase, the enhanced leadership team is dedicated to upholding the company's values of innovation, reliability, and customer-centricity.

Globex Receives Payments to Finalize Uranium Property Acquisition by Infini Resources

Retrieved on: 
Monday, January 8, 2024

Infini has received the required listing document and thus Globex has received the $200,000 cash payment and been issued 1,672,427 shares.

Key Points: 
  • Infini has received the required listing document and thus Globex has received the $200,000 cash payment and been issued 1,672,427 shares.
  • Globex retains a 3% Gross Metal Royalty (GMR) of which 1% GMR may be purchased by Infini for $1,000,000 CDN.
  • The price of uranium has significantly increased since Globex acquired the des Herbiers uranium claims.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

C2C GOLD ANNOUNCES THE APPOINTMENT OF DIRECTOR ERIC KELLER AND CHIEF FINANCIAL OFFICER SCOTT DAVIS

Retrieved on: 
Monday, January 8, 2024

VANCOUVER, BC, Jan. 8, 2024 /PRNewswire/ - C2C Gold Corp. (CSE: CTOC) (the "Company" or "C2C") announced today the appointment of Mr. Eric R. Keller as Director and Mr. Scott Davis as Chief Financial Officer, effective January 8, 2024.

Key Points: 
  • VANCOUVER, BC, Jan. 8, 2024 /PRNewswire/ - C2C Gold Corp. (CSE: CTOC) (the "Company" or "C2C") announced today the appointment of Mr. Eric R. Keller as Director and Mr. Scott Davis as Chief Financial Officer, effective January 8, 2024.
  • Both Mr. Keller and Mr. Davis bring many years of experience and knowledge to the Company.
  • Mr. Keller has over 25 years of working experience with angel and venture backed start-ups and turnarounds in the areas of high tech and the automotive aftermarket.
  • Mr. Davis is a partner of Cross Davis & Company LLP Chartered Professional Accountants, a firm focused on providing accounting and management services for publicly-listed companies.

Hybrid Power Solutions Engages Independent Trading Group, Inc.

Retrieved on: 
Friday, December 8, 2023

Vancouver, British Columbia--(Newsfile Corp. - December 7, 2023) - Hybrid Power Solutions Inc. (CSE: HPSS) ("Hybrid" or the "Company") is pleased to announce that it has appointed Independent Trading Group, Inc. ("ITG") as a market maker for its shares traded on the Canadian Securities Exchange ("CSE").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - December 7, 2023) - Hybrid Power Solutions Inc. (CSE: HPSS) ("Hybrid" or the "Company") is pleased to announce that it has appointed Independent Trading Group, Inc. ("ITG") as a market maker for its shares traded on the Canadian Securities Exchange ("CSE").
  • Francois Bryne, CEO of Hybrid, commented, "ITG brings tremendous experience and commitment to outstanding client service, which we believe will help Hybrid deliver the best possible trading experience for our investors.
  • "ITG is excited to be working with Hybrid to provide market-making services to their growing shareholder base," said ITG's Managing Director, Jeff Gamble.
  • "Our experienced traders and proven technology will help to provide a liquid and efficient trading environment for Hybrid shares."

CESS Secures $8 Million Investment in Series A Round

Retrieved on: 
Thursday, December 28, 2023

Cumulus Encrypted Storage System ( CESS ), a leading blockchain-powered decentralized storage and CDN infrastructure for Web3, has announced a highly successful close to its Series A funding round, having secured $8 million in capital.

Key Points: 
  • Cumulus Encrypted Storage System ( CESS ), a leading blockchain-powered decentralized storage and CDN infrastructure for Web3, has announced a highly successful close to its Series A funding round, having secured $8 million in capital.
  • This significant investment highlights CESS's commitment to creating a secure, efficient, and transparent decentralized value network.
  • CESS adopts multiple mechanisms and proprietary technologies to ensure the integrity, security, traceability, and privacy of data.
  • Anyone can join CESS fairly to become candidate consensus miners through R²S, preventing large nodes from having a monopoly on the network.

ARCPOINT ISSUES SHARES TO SETTLE DEBT

Retrieved on: 
Wednesday, December 27, 2023

Greenville, South Carolina, Dec. 27, 2023 (GLOBE NEWSWIRE) -- ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) announces that it has entered into an agreement dated December 24, 2023 (the “Agreement”) with an arm’s length creditor (the “Creditor”) to restructure US$1,061,718.75 in indebtedness plus accrued and unpaid interests (the “Indebtedness”) owed to the Creditor by ARCpoint Franchise Group, LLC (“AFG”), a wholly owned subsidiary of the Company. Pursuant to the terms of the Agreement, the Company agreed to, among other things, pay US$350,000 of the Indebtedness to the Creditor on January 2, 2024, and to issue 1,500,000 Class A Subordinate Voting Shares at a deemed price of CDN$0.12 per share to settle CDN$180,000 of the Indebtedness. The Company and the Creditor further agreed that the remaining Indebtedness shall bear a simple interest at a rate of 9.6% per annum for a period of two years and shall cease to accrue after the date that is two years from the date of the Agreement. After giving effect to the aforementioned payment, share issuance and 2-year interest accrual, the parties agreed that the total amount of indebtedness owed by AFG to the Creditor will be $833,856.81. The shares to be issued to the Creditor pursuant to the Agreement will be subject to a four-month hold period pursuant to the applicable Canadian securities laws and one-year hold period pursuant to the applicable U.S. securities laws.

Key Points: 
  • Pursuant to the terms of the Agreement, the Company agreed to, among other things, pay US$350,000 of the Indebtedness to the Creditor on January 2, 2024, and to issue 1,500,000 Class A Subordinate Voting Shares at a deemed price of CDN$0.12 per share to settle CDN$180,000 of the Indebtedness.
  • The Company and the Creditor further agreed that the remaining Indebtedness shall bear a simple interest at a rate of 9.6% per annum for a period of two years and shall cease to accrue after the date that is two years from the date of the Agreement.
  • After giving effect to the aforementioned payment, share issuance and 2-year interest accrual, the parties agreed that the total amount of indebtedness owed by AFG to the Creditor will be $833,856.81.
  • The shares to be issued to the Creditor pursuant to the Agreement will be subject to a four-month hold period pursuant to the applicable Canadian securities laws and one-year hold period pursuant to the applicable U.S. securities laws.

MINILUXE ANNOUNCES EXTENSION OF PRIVATE PLACEMENT

Retrieved on: 
Friday, December 22, 2023

Boston, MA, Dec. 22, 2023 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) ("MiniLuxe" or the "Company") today announces that the Company has been granted a 30-day extension from the TSX Venture Exchange (the "TSXV") to extend the closing of its previously announced non-brokered private placement (the "Offering") to January 22, 2024.

Key Points: 
  • Boston, MA, Dec. 22, 2023 (GLOBE NEWSWIRE) -- MiniLuxe Holding Corp. (TSXV: MNLX) ("MiniLuxe" or the "Company") today announces that the Company has been granted a 30-day extension from the TSX Venture Exchange (the "TSXV") to extend the closing of its previously announced non-brokered private placement (the "Offering") to January 22, 2024.
  • At that time, it was also announced that the Company had received total signed commitments of approximately USD$3.5 million dollars (approximately USD$1 million to be closed at a later date).
  • For more information about the Offering please refer to the Company's press release dated November 30, 2023.
  • Completion of all tranches of the Offering is subject to the satisfaction of customary closing conditions, including the approval of the TSX Venture Exchange.

Clip Money Inc. Announces Binding Offer Letter with Business Development Bank of Canada for $500,000 Loan

Retrieved on: 
Tuesday, December 19, 2023

TORONTO, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Clip Money Inc. (TSX-V: CLIP) (“Clip” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce that it has entered into a binding offer letter (the “Offer Letter”) with the Business Development Bank of Canada (“BDC”) for a loan in the amount of CDN$500,000 (CAD) in the form of non-revolving subordinated secured debt (the “BDC Loan”).

Key Points: 
  • TORONTO, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Clip Money Inc. (TSX-V: CLIP) (“Clip” or the “Company”), a company that operates a multi-bank self-service deposit system for businesses, is pleased to announce that it has entered into a binding offer letter (the “Offer Letter”) with the Business Development Bank of Canada (“BDC”) for a loan in the amount of CDN$500,000 (CAD) in the form of non-revolving subordinated secured debt (the “BDC Loan”).
  • The Company intends to use the proceeds from the BDC Loan for general working capital purposes.
  • By reimagining the speed, location, and logistics of business deposits and other services, Clip Money is bringing cost-effective and convenient new solutions for businesses owners.
  • The BDC Loan will bear interest at a floating rate equal to the BDC floating base rate plus a margin of 1.00%.