LOI

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.

Stallion Uranium Signs LOI for Non-Core Uranium Projects in Eastern Athabasca Basin

Retrieved on: 
Monday, January 22, 2024
STUD, Uranium, The Company, Property, Sale, LOI, Mineral, National Instrument 43-101, National instrument, Reinsurance

“The sale of Stallion’s eastern Athabasca Basin projects allow the Company to focus on our core projects in the Western Athabasca Basin while seeing these projects advanced,” commented Drew Zimmerman, CEO.

Key Points: 
  • “The sale of Stallion’s eastern Athabasca Basin projects allow the Company to focus on our core projects in the Western Athabasca Basin while seeing these projects advanced,” commented Drew Zimmerman, CEO.
  • The LOI shall terminate if the parties have not entered into a definitive agreement within thirty (30) days of the execution of the LOI.
  • The projects are located in the Eastern Athabasca Basin with the Wollaston and Mudjatik Supergroups.
  • Uranium mineralization in the Eastern Athabasca Basin occurs in three deposit types: unconformity-hosted uranium which occur at the contact between the overlying Athabasca Basin and the crystalline basement rocks, basement-hosted uranium which occur within the basement rocks and sandstone-hosted uranium which occur perched in the Athabasca sandstone.

SciSparc Advances the Acquisition Process of a Leading Vehicle Importer Company in Israel with the provision of a Bridge Loan of $1.4 million

Retrieved on: 
Friday, January 19, 2024
Agreement, Acquisition, TEL, LOI, Disorder, Central nervous system, Bridge loan, Good

With this Bridge Loan, SciSparc continues to proceed towards the Acquisition, pursuant to the LOI and the additional negotiated terms between the Company and the Target Company, announced on November 22 and December 7, 2023, respectively.

Key Points: 
  • With this Bridge Loan, SciSparc continues to proceed towards the Acquisition, pursuant to the LOI and the additional negotiated terms between the Company and the Target Company, announced on November 22 and December 7, 2023, respectively.
  • As previously announced on December 7, 2023, the Company intends to acquire 100% of the Target Company and will establish a new wholly-owned Israeli subsidiary, which would in turn merge with and into the Target Company.
  • Following the Acquisition closing (the”Closing”), it is contemplated that shareholders of the Company will hold approximately 50.01% of the share capital of the resulting combined company.
  • The Bridge Loan amount, together with any accrued interest (the “Owed Amount”), may be repaid in part or in whole at the discretion of the Target Company prior to the repayment date.

Bravo Multinational, Inc. (BRVO) Announces the Signing of a Letter of Intent to Acquire Streaming TVEE Assets to Launch TVee NOW™

Retrieved on: 
Friday, January 19, 2024
LOI, OTC, STV, BRVO, Nature

VIRGINIA BEACH, Va., Jan. 19, 2024 (GLOBE NEWSWIRE) -- On December 20, 2023, Bravo Multinational, Inc. (OTC: BRVO) ($BRVO) (“Bravo”) entered a Letter of Intent (the “LOI”) to acquire certain assets of Streaming TVEE, Inc. (“STV”).

Key Points: 
  • VIRGINIA BEACH, Va., Jan. 19, 2024 (GLOBE NEWSWIRE) -- On December 20, 2023, Bravo Multinational, Inc. (OTC: BRVO) ($BRVO) (“Bravo”) entered a Letter of Intent (the “LOI”) to acquire certain assets of Streaming TVEE, Inc. (“STV”).
  • The purchase price for the assets is $9,760,000, consisting of a convertible promissory note in the amount of $7,760,000 and an assumption of $2,000,000 in STV debt.
  • The LOI is subject to normal terms of an agreement of that nature.
  • This transaction, if consummated, will serve as a business foundation for the Company’s planned development of a streaming service called TVee NOW™.

Sharps Technology Signs LOI with Roncadelle Operations Intended to Open Worldwide Sales and Distribution Opportunities for Safe Drug Delivery Systems

Retrieved on: 
Thursday, January 18, 2024
World Health Organization, Roncadelle, Weight loss, Syringe, Documentation, Needle, Administration, Communication, LOI, Safety, FDA, CDMO, Marketing, Vaccine, Pharmaceutical industry

The LOI was inked on January 16 and will be celebrated at the upcoming Pharmapack 2024 event in Paris later in the month.

Key Points: 
  • The LOI was inked on January 16 and will be celebrated at the upcoming Pharmapack 2024 event in Paris later in the month.
  • “This agreement would be very beneficial for both companies.”
    Sharps Technology specializes in the development and manufacturing of innovative drug delivery systems.
  • This would open up a completely new level of service to the market,” states Ben Scheu, Senior Director of Sales for Sharps Technology.
  • Following the execution of a definitive sales and marketing cooperation agreement, Sharps and Roncadelle intend to collaborate on the development of new drug delivery products.

Banzai Executes LOI to Acquire Cliently, An AI-Driven Sales Engagement Platform

Retrieved on: 
Thursday, January 18, 2024
Reach, LOI, Acquisition, Marketing, Sales

With the proposed acquisition of Cliently, Banzai would be acquiring an AI-powered sales engagement platform.

Key Points: 
  • With the proposed acquisition of Cliently, Banzai would be acquiring an AI-powered sales engagement platform.
  • Cliently's platform automates multi-channel sales sequences, enabling a single marketing manager to execute lead generation campaigns at the scale of a full Sales Development team.
  • Cliently's unique AI-driven approach to sales engagement is a game-changer,” said Joe Davy, CEO and Founder of Banzai.
  • Seamless Product Integration: Cliently would seamlessly integrate into the Banzai platform and enrich Banzai customers’ engagement capabilities.

Viper Partners Wraps Up 2023 with Trio of Major Oral Surgery Transactions

Retrieved on: 
Friday, January 19, 2024
Viperidae, LOI, Marketing, OMS, Oral and maxillofacial surgery, PALM, Uncertainty, Real estate

PALM BEACH, Fla., Jan. 19, 2024 /PRNewswire/ -- In a grand finale to an already record-breaking year, Viper Partners, the leading deal maker in the dental industry, successfully closed three major oral surgery deals in the final week of 2023.

Key Points: 
  • PALM BEACH, Fla., Jan. 19, 2024 /PRNewswire/ -- In a grand finale to an already record-breaking year, Viper Partners, the leading deal maker in the dental industry, successfully closed three major oral surgery deals in the final week of 2023.
  • "Double-digit multiples were the name of the game for our sizable clients this year because their businesses are simply worth that," declared David C. Branch, Viper Partners' founder.
  • A multi-doctor, multi-location oral surgery deal is worth at least 10x against a robust EBITDA, and I'm determined to secure that for them."
  • Viper Partners brought several high-profile deals to the market in 2023, including Roanoke Oral Surgery, The Christiana Center for OMS, and Santa Barbara Center for Oral and Maxillofacial Surgery.

SH HOTELS & RESORTS EMBARKS ON A MAJOR GLOBAL EXPANSION

Retrieved on: 
Thursday, January 18, 2024
Silicon, CO2, Biophilia, Taste, UNESCO, Architecture, Tree house, Heart, Health, Collection, Najdi, City, Baccarat, Imagination, Wellness, History, Land's End, LOI, Travel, Seine, Yarra River, Creativity, Gare, System, Tourism, Nature, Growth

MIAMI, Jan. 18, 2024 /PRNewswire/ -- Reinforcing its position as a leader in the purpose-driven luxury and lifestyle hotel segment, SH Hotels & Resorts—founded by hospitality visionary Barry Sternlicht—is embarking on a significant worldwide expansion of its portfolio across four continents and 13 countries and territories. With more than 30 hotels and branded residential projects open and in the pipeline, plus a number of deals in the LOI stage, SH Hotels & Resorts is shaping the future of hospitality by creating transformative spaces and experiences across some of the world's most dynamic hotel brands: 1 Hotels, Baccarat Hotels, and Treehouse Hotels. This growth underscores the company's commitment to experiential luxury, trailblazing design, sustainability, and cutting-edge technology.

Key Points: 
  • We're growing in markets where our guests seek out the experiences that we excel at providing," says Raul Leal, CEO of SH Hotels & Resorts.
  • "Our commitment is to ensure that SH Hotels & Resorts remains synonymous with innovation, sustainability, and unparalleled guest experiences."
  • Tapping into state-of-the-art technology, SH Hotels & Resorts enhances guest experiences, offering personalized luxury that adapts to individual preferences.
  • And as SH Hotels & Resorts looks to the future, it remains devoted to its principles of sustainability.

SH HOTELS & RESORTS EMBARKS ON A MAJOR GLOBAL EXPANSION

Retrieved on: 
Thursday, January 18, 2024
Silicon, CO2, Biophilia, Taste, UNESCO, Architecture, Tree house, Heart, Health, Collection, Najdi, City, Baccarat, Imagination, Wellness, History, Land's End, LOI, Travel, Seine, Yarra River, Creativity, Gare, System, Tourism, Nature, Growth

MIAMI, Jan. 18, 2024 /PRNewswire/ -- Reinforcing its position as a leader in the purpose-driven luxury and lifestyle hotel segment, SH Hotels & Resorts—founded by hospitality visionary Barry Sternlicht—is embarking on a significant worldwide expansion of its portfolio across four continents and 13 countries and territories. With more than 30 hotels and branded residential projects open and in the pipeline, plus a number of deals in the LOI stage, SH Hotels & Resorts is shaping the future of hospitality by creating transformative spaces and experiences across some of the world's most dynamic hotel brands: 1 Hotels, Baccarat Hotels, and Treehouse Hotels. This growth underscores the company's commitment to experiential luxury, trailblazing design, sustainability, and cutting-edge technology.

Key Points: 
  • We're growing in markets where our guests seek out the experiences that we excel at providing," says Raul Leal, CEO of SH Hotels & Resorts.
  • "Our commitment is to ensure that SH Hotels & Resorts remains synonymous with innovation, sustainability, and unparalleled guest experiences."
  • Tapping into state-of-the-art technology, SH Hotels & Resorts enhances guest experiences, offering personalized luxury that adapts to individual preferences.
  • And as SH Hotels & Resorts looks to the future, it remains devoted to its principles of sustainability.

Port Houston Community Grants Program Application Period Opens February 1

Retrieved on: 
Tuesday, January 16, 2024
Education, Professional Services, Other Transport, Philanthropy, Maritime, Other Philanthropy, Transport, Other Professional Services, Logistics, Supply Chain Management, Finance, Continuing, Organization, Workforce, LOI, CGP

Port Houston has announced the start of the application period for its Community Grants Program (CGP), beginning February 1.

Key Points: 
  • Port Houston has announced the start of the application period for its Community Grants Program (CGP), beginning February 1.
  • Port Houston is dedicated to supporting and helping improve the communities around the Houston Ship Channel.
  • Its Community Grants Program focuses on investing resources into meaningful projects and programs in our area.
  • Interested non-profits may access more information about Port Houston’s 2024 Community Grants Program, including dates, times, and links to the workshops, which can be found at https://porthouston.com/community/outreach/community-grants-program/