LOI

Lithosphere (LITHO) Developer KaJ Labs Announces Letter of Intent to Acquire Voyager Digital Assets for $250 Million

Retrieved on: 
Monday, July 11, 2022

Seattle, Washington--(Newsfile Corp. - July 11, 2022) - KaJ Labs announced that it has issued a Letter of Intent (LOI) to Voyager Digital Holdings to acquire the assets of the distressed crypto firm.

Key Points: 
  • Seattle, Washington--(Newsfile Corp. - July 11, 2022) - KaJ Labs announced that it has issued a Letter of Intent (LOI) to Voyager Digital Holdings to acquire the assets of the distressed crypto firm.
  • KaJ Labs seeks to purchase the remaining qualified assets of Voyager Digital Holdings.
  • Voyager Digital provides a functional suite of APIs and mobile apps to allow anyone to trade multiple types of digital assets.
  • KaJ Labs has set aside $250 million for the acquisition which would primarily be intellectual property, brand assets, and customer database.

Healthcare Realty Trust Reports Progress on Asset Sales and Joint Venture Transactions

Retrieved on: 
Friday, July 8, 2022

NASHVILLE, Tenn., July 08, 2022 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) (Healthcare Realty or the Company)today provided an update regarding its strategic combination with Healthcare Trust of America, Inc. (NYSE: HTA) (HTA).

Key Points: 
  • NASHVILLE, Tenn., July 08, 2022 (GLOBE NEWSWIRE) -- Healthcare Realty Trust Incorporated (NYSE: HR) (Healthcare Realty or the Company)today provided an update regarding its strategic combination with Healthcare Trust of America, Inc. (NYSE: HTA) (HTA).
  • The Company expects to fund the $1.1 billion special cash dividend to HTA shareholders through a combination of asset sales and joint venture transactions at a blended cap rate of 4.8%.
  • We have made significant progress towards the completion of our strategic combination with HTA, said Todd Meredith President and Chief Executive Officer, Healthcare Realty.
  • We expect to continue to positively shape the combined companys portfolio and source accretive capital through more asset sales and joint venture investment.

Valour Inc. Announces Release of Sponsored Equity Research Report From Perch Perspectives

Retrieved on: 
Thursday, July 7, 2022

TORONTO, July 7, 2022 /PRNewswire/ - Valour Inc. (the "Company" or "Valour") (NEO: DEFI) (GR: RMJR) (OTCQB: DEFTF), a technology company bridging the gap between traditional capital markets and decentralised finance, announced today that Perch Perspectives, a leading equity research firm with with additional expertise in markets such as global supply chain, agriculture, technology, aerospace, and energy released a sponsored equity research report on the Company.

Key Points: 
  • TORONTO, July 7, 2022 /PRNewswire/ - Valour Inc. (the "Company" or "Valour") (NEO: DEFI) (GR: RMJR) (OTCQB: DEFTF), a technology company bridging the gap between traditional capital markets and decentralised finance, announced today that Perch Perspectives, a leading equity research firm with with additional expertise in markets such as global supply chain, agriculture, technology, aerospace, and energy released a sponsored equity research report on the Company.
  • The in-depth 10-page report includes detailed information on Valour's business model, services, industry, management, and associated risks.
  • Cautionary note regarding forward-looking information:
    This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.
  • Valour has not conducted due diligence on the information provided by Neuronomics and does not assume any responsibility for the accuracy or completeness of such information.

LIDA RESOURCES INC. ANNOUNCES LETTER OF INTENT TO ACQUIRE CONTINENTAL POTASH

Retrieved on: 
Thursday, July 7, 2022

Vancouver, British Columbia, July 07, 2022 (GLOBE NEWSWIRE) -- Lida Resources Inc. (CSE: LIDA) ("Lida" or the "Company") has entered into a letter of intent (the “LOI”) dated July 6, 2022, with Continental Potash Corp. (“Continental Potash”), a private corporation existing under the laws of British Columbia. pursuant to which Lida is proposing to acquire all of the issued and outstanding securities of Continental Potash (the “Proposed Transaction”), whereby the securityholders of Continental Potash will become securityholders of the combined entity (the “Resulting Issuer”). Upon completion of the Proposed Transaction the Resulting Issuer will continue to carry on the business of Continental Potash as currently constituted. The Proposed Transaction is an arm’s length transaction and will constitute a reverse takeover of Lida by Continental Potash.   In connection with the Proposed Transaction, the Resulting Issuer currently intends to delist from the Canadian Securities Exchange and will apply to list its common shares on the NEO exchange (together, the “Exchange”).

Key Points: 
  • Not for distribution in the U.S. or to U.S. newswire services
    Vancouver, British Columbia, July 07, 2022 (GLOBE NEWSWIRE) -- Lida Resources Inc. (CSE: LIDA) ("Lida" or the "Company") has entered into a letter of intent (the LOI) dated July 6, 2022, with Continental Potash Corp. (Continental Potash), a private corporation existing under the laws of British Columbia.
  • pursuant to which Lida is proposing to acquire all of the issued and outstanding securities of Continental Potash (the Proposed Transaction), whereby the securityholders of Continental Potash will become securityholders of the combined entity (the Resulting Issuer).
  • The Proposed Transaction is an arms length transaction and will constitute a reverse takeover of Lida by Continental Potash.
  • Pursuant to the terms of the LOI, the existing securityholders of Continental Potash will receive securities of Lida in exchange for their securities of Continental Potash.

American Leisure Inc. CEO, Adrian Patasar, and Technology Strategy Advisor, Jonathan Herman, are Featured on The Stock Day Podcast

Retrieved on: 
Wednesday, July 6, 2022

CEO of the Company, Adrian Patasar, and Technology Strategy Advisor, Jonathan Herman (who is also the Founder & CEO of Baller Mixed Reality), joined Stock Day host Sever Copley.

Key Points: 
  • CEO of the Company, Adrian Patasar, and Technology Strategy Advisor, Jonathan Herman (who is also the Founder & CEO of Baller Mixed Reality), joined Stock Day host Sever Copley.
  • "We're looking to build a holding company that invests in cutting edge technology," said Patasar.
  • "The Metaverse has made itself known over the past six months, and every major technology company is moving into this space," he continued.
  • "Initially, we are looking to get involved with the NFT space, which is why we brought Mr. Jonathan Herman onboard," said Patasar.

American Corporate Airport Partners to Build Widebody Maintenance Facility for Global Crossing Airlines at Fort Lauderdale-Hollywood International Airport

Retrieved on: 
Wednesday, July 6, 2022

MIAMI, July 06, 2022 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the Company or GlobalX) announces that American Corporate Airport Partners (ACAP) has inked a long-term ground lease with Broward County to construct a widebody-capable, aircraft maintenance facility for GlobalX at Broward Countys Fort Lauderdale-Hollywood International Airport (FLL).

Key Points: 
  • MIAMI, July 06, 2022 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the Company or GlobalX) announces that American Corporate Airport Partners (ACAP) has inked a long-term ground lease with Broward County to construct a widebody-capable, aircraft maintenance facility for GlobalX at Broward Countys Fort Lauderdale-Hollywood International Airport (FLL).
  • The airline maintenance complex is expected to be operational in 4Q 2023 and generate 100 permanent, full-time jobs.
  • ACAPs mission is to develop, build-to-suit, finance, and manage business, corporate, and industrial aviation facilities at US airports.
  • Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update any forward-looking statements.

Global Crossing Airlines Provides Second Quarter 2022 Update

Retrieved on: 
Tuesday, July 5, 2022

MIAMI, July 05, 2022 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) today provided an update on its operations for the second quarter of 2022 and a preview of Q3 2022.

Key Points: 
  • Signed firm lease agreement for one A321 freighter, MSN 1438, to be delivered in October 2022, from Greenwich Highland Aviation (GHA).
  • MIAMI, July 05, 2022 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the Company or GlobalX) today provided an update on its operations for the second quarter of 2022 and a preview of Q3 2022.
  • Q2 was another excellent quarter with 2,418 block hours sold versus 1,729 block hours flown in Q1 2022 for a 40% quarter over quarter increase.
  • Expected capacity in Q3 2022 will increase by 45% over Q2 2022 and expected capacity in Q4 2022 is expected to increase an additional 45%.

Billy Goat Brands Announces Letter of Intent

Retrieved on: 
Thursday, June 30, 2022

VANCOUVER, British Columbia, June 30, 2022 (GLOBE NEWSWIRE) -- Billy Goat Brands Ltd. (the Company or Billy Goat Brands) (CSE: GOAT), an investment issuer focused on investing in high-potential companies operating in the food technology sector, is pleased to announce it has entered into a non-binding Letter of Intent (the LOI) dated June 30, 2022 with Kojo Pet Performance Inc. (Kojo).

Key Points: 
  • VANCOUVER, British Columbia, June 30, 2022 (GLOBE NEWSWIRE) -- Billy Goat Brands Ltd. (the Company or Billy Goat Brands) (CSE: GOAT), an investment issuer focused on investing in high-potential companies operating in the food technology sector, is pleased to announce it has entered into a non-binding Letter of Intent (the LOI) dated June 30, 2022 with Kojo Pet Performance Inc. (Kojo).
  • The Company also announces that Tony Harris has resigned as Chief Executive Officer and Director effective immediately.
  • Billy Goat Brands would like to thank Mr. Harris for his many contributions to the company and wishes him well with his future endeavours.
  • Billy Goat Brands is an investment issuer focused on investing in high-potential companies operating in the food technology sector.

Sugarmade Announces Fully Executed LOI Toward Minority Stake Acquisition of Turnkey Cannabis Cultivation Property

Retrieved on: 
Thursday, June 30, 2022

The RMI acquisition follows the Companys recently announced collaborative cannabis cultivation contract with Cannabis Global, Inc. (OTC Pink: CBGL) (Cannabis Global) to produce approximately 25,000 pounds of Fresh Frozen cannabis, which Cannabis Global will use in its product lines for distribution throughout the California cannabis marketplace.

Key Points: 
  • The RMI acquisition follows the Companys recently announced collaborative cannabis cultivation contract with Cannabis Global, Inc. (OTC Pink: CBGL) (Cannabis Global) to produce approximately 25,000 pounds of Fresh Frozen cannabis, which Cannabis Global will use in its product lines for distribution throughout the California cannabis marketplace.
  • The LOI with RMI Ventures covers a minority stake acquisition that includes the associated real estate (the Property), cannabis-related licenses and the business operation.
  • The acquisition will include minority ownership of a 10-year cultivation license at the Property based on a cultivation canopy size and other information outlined in the license issued by the County of Lake, California.
  • The Property is located near the Companys recently acquired 640-acre cultivation property in Lake County, California, outside of the Commercial Cannabis Cultivation Exclusion Zones.

Roan Holdings Group Co., Announces Signing Strategic Letter of Intent for A New Energy Storage Industrial Park

Retrieved on: 
Wednesday, June 29, 2022

The Project is strategically located less than one hour drive from Hangzhou City, and it is positioned as a high-end technology manufacturing industrial park with 66 Acresof land available for development.

Key Points: 
  • The Project is strategically located less than one hour drive from Hangzhou City, and it is positioned as a high-end technology manufacturing industrial park with 66 Acresof land available for development.
  • We believe that the new energy equipment manufacturing involved in this Project will supplement the new energy storage and battery projects in Jiaxing.
  • We further believe that our tailored industrial operation solutions for the industrial parks will help the industrial development of Hangzhou city and its nearby regions.
  • Founded in 2009, Roan Holdings Group Co., Ltd. (OTC Pink: RAHGF and RONWF) is a comprehensive solution provider for industrial operation and capital market services.