Property finder

COTU VENTURES LAUNCHES FIRST FUND WITH $54 MILLION

Retrieved on: 
Tuesday, February 27, 2024
Acquisition, Philosophy, Underdog, MENA, GP, Seed, Uber, VCS, General Atlantic, Founders Fund, Life, Property finder, Fintech, COTU, Lunate, Mount Everest, Trust, Environment, Partnership, Cryptocurrency

DUBAI, UAE, Feb. 27, 2024 /PRNewswire/ -- COTU Ventures announced that it has raised $54 million to invest in extraordinary founders in MENA when they are at the earliest stages of their startup journeys. COTU stands for Champions of the Underdog, a philosophy that embodies the firm's strategy, investing at the Pre-Seed and Seed stages, where founders are most underestimated.

Key Points: 
  • DUBAI, UAE, Feb. 27, 2024 /PRNewswire/ -- COTU Ventures announced that it has raised $54 million to invest in extraordinary founders in MENA when they are at the earliest stages of their startup journeys.
  • COTU stands for Champions of the Underdog, a philosophy that embodies the firm's strategy, investing at the Pre-Seed and Seed stages, where founders are most underestimated.
  • "I've been a part of the regional ecosystem since 2008, and it's come a long way since then," said Amir Farha, founder and GP of COTU Ventures.
  • "Our partnership with COTU Ventures has been a cornerstone of Sirdab's journey," said Naif Alzahri, co-founder of Sirdab.

General Atlantic Announces Close of Investment in funda

Retrieved on: 
Tuesday, February 6, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, Weil, Gotshal & Manges, General Atlantic, Growth, ABN AMRO, Knowledge, M&A, NVM, Funda, Heart, Housing, Rothschild & Co, Enterprise, Investment, Microsoft, Property finder, ABN, DLA Piper, Piper, De Brauw Blackstone Westbroek, Management

General Atlantic, a leading global growth investor, today announced the close of its offer for shares held by Stichting Administratiekantoor funda (STAK) in Funda BV, the premier real estate classifieds site in the Netherlands.

Key Points: 
  • General Atlantic, a leading global growth investor, today announced the close of its offer for shares held by Stichting Administratiekantoor funda (STAK) in Funda BV, the premier real estate classifieds site in the Netherlands.
  • With the close of the transaction, General Atlantic holds 1,224,603 shares, representing a 24% interest in funda.
  • General Atlantic plans to partner with funda and NVM Holding, along with STAK, to support funda’s continued leadership position in the market.
  • NVM Holding looks forward to contributing to the further growth and development of funda together with General Atlantic and STAK.”
    Marcel de Groot, chairman of STAK, said: “General Atlantic is a committed shareholder with whom NVM Holding, STAK, and funda will work together as partners.

General Atlantic Increases Strategic Focus on the Middle East with Appointment of Samir Assaf as Chairman of MENA

Retrieved on: 
Monday, February 27, 2023
Asset Management, Professional Services, Finance, General Atlantic, HSBC, Network International, Senior advisor, Investment, Non-executive director, HSBC Bank Middle East, Property finder, Advisory board, Management

General Atlantic, a leading global growth equity firm, announced today that it has appointed Senior Advisor Samir Assaf as Chairman of the Middle East and North Africa (MENA), a newly created role, as the firm deepens its strategic focus on the Middle East.

Key Points: 
  • General Atlantic, a leading global growth equity firm, announced today that it has appointed Senior Advisor Samir Assaf as Chairman of the Middle East and North Africa (MENA), a newly created role, as the firm deepens its strategic focus on the Middle East.
  • “The MENA region is dynamic, with vibrant entrepreneurial activity in many of our sector areas of focus,” commented Bill Ford, Chairman and CEO of General Atlantic.
  • “I am honored to help drive the expansion of General Atlantic across the Middle East,” Mr. Assaf said.
  • The Middle East is a region we’ve been excited about and had conviction in for many years,” added Gabriel Caillaux, Co-President and Head of EMEA at General Atlantic.

Stallion Discoveries Announces Non-Brokered Private Placement Financing

Retrieved on: 
Wednesday, February 1, 2023
Private, Private placement, TSX Venture Exchange, Placement, Unit, STUD, WIRE, OTCQB, NOT, Property finder, FOR, CAD, Security (finance)

VANCOUVER, British Columbia, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Stallion Discoveries Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: SLLGF) announces that it has arranged a non-brokered private placement of up to 16,000,000 units of the Company (the “Units”) at a price of CAD $0.25 per Unit for total gross proceeds of $4,000,000 (the “Private Placement”).

Key Points: 
  • NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES
    VANCOUVER, British Columbia, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Stallion Discoveries Corp. (the "Company" or "Stallion") (TSX-V: STUD; OTCQB: SLLGF) announces that it has arranged a non-brokered private placement of up to 16,000,000 units of the Company (the “Units”) at a price of CAD $0.25 per Unit for total gross proceeds of $4,000,000 (the “Private Placement”).
  • The Company intends to use the proceeds from the Private Placement towards exploration efforts across the Company’s projects as well as general working capital purposes.
  • The Private Placement is subject to TSX Venture Exchange approval and all securities issued will be subject to a hold period expiring four months and one day from issuance.
  • Finders' fees may be payable in connection with the Private Placement, in accordance with the policies of the TSX Venture Exchange.

Pegasus Resources Amends Private Placement

Retrieved on: 
Wednesday, October 19, 2022
GLOBE, Company, TSX Venture Exchange, Property finder, Security (finance), Life insurance

VANCOUVER, British Columbia, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt OQS2, OTC/Pink Sheet symbol SLTFF) (the Company or Pegasus) reports that it has amended its private placement previously announced September 19, 2022.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt OQS2, OTC/Pink Sheet symbol SLTFF) (the Company or Pegasus) reports that it has amended its private placement previously announced September 19, 2022.
  • The private placement will now comprise of up to 15,000,000 units at a price of $0.03 per unit for total gross proceeds of up to $450,000.
  • Proceeds of the private placement will be used as shown in the table below.
  • The private placement is subject to the acceptance of the TSX Venture Exchange.

RSI International Systems and ARCpoint Group Announced Closing of Concurrent Financing of the Proposed RTO

Retrieved on: 
Tuesday, October 18, 2022
Odyssey, News, Physician, Employment, Addiction, LLC, Transaction, Warrant, Compensation, Issuer, Technology, Property finder, Private placement, RSI, SVS, Company, Marketing, TSX Venture Exchange, NEX, GLOBE, DNA, ARC, Private, Canada Business Corporations Act, Solution, Compliance, Security (finance), Pharmaceutical industry

VANCOUVER, British Columbia, Oct. 18, 2022 (GLOBE NEWSWIRE) -- RSI International Systems Inc. (NEX: RSY.H) (the “Company” or “RSI”) and ARCpoint Group LLC (“ARCpoint”) are pleased to announce that, ARCpoint Finance Corp. (“ARC Finco”), a wholly owned subsidiary of ARCpoint, has completed the previously announced non-brokered private placement (the “Private Placement”) in connection with the previously announced reverse takeover of the Company by the securityholders of ARCpoint (the “Transaction”).

Key Points: 
  • VANCOUVER, British Columbia, Oct. 18, 2022 (GLOBE NEWSWIRE) -- RSI International Systems Inc. (NEX: RSY.H) (the Company or RSI) and ARCpoint Group LLC (ARCpoint) are pleased to announce that, ARCpoint Finance Corp. (ARC Finco), a wholly owned subsidiary of ARCpoint, has completed the previously announced non-brokered private placement (the Private Placement) in connection with the previously announced reverse takeover of the Company by the securityholders of ARCpoint (the Transaction).
  • In connection with the Private Placement, ARC Finco is required to pay the Finders Cash Commission in the aggregate amount of $10,203.87.
  • ARCpoint Franchise Group LLC, formed under the laws of the state of South Carolina in February 2005, is the franchisor of ARCpoint Labs and supports over 120 independently owned locations.
  • The platform also digitalizes and streamlines administrative functions such as materials purchasing, compliance, billing and physician services for ARCpoint franchise labs and other clients.

Inventus Mining: Critical Mineral Flow-Through Private Placement and Unit Offering

Retrieved on: 
Wednesday, June 29, 2022
TSX Venture Exchange, Cobalt, Nickel, Offering, Income tax, Platinum, TSX, Income Tax Act, GLOBE, Income Tax Act 1967, Sale, CMFT, Company, Palladium, Property finder, Copper, Security (finance), Unit

TORONTO, June 29, 2022 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to announce a non-brokered private placement for up to 3,500,000 critical mineral(1) flow-through units of the Company (each, a “CMFT Unit”) at a price of $0.15 per CMFT Unit and additionally up to 4,500,000 units of the Company (each, a “Unit”) at a price of $0.105 per Unit, for total gross proceed of up to $997,500 (the “Offering”).

Key Points: 
  • Each Unit will consist of one (1) common share of the Company and one-half (0.5) of a share purchase warrant.
  • Each broker warrant will be exercisable into a Unit at a price of $0.105 per Unit for a period of one year.
  • Inventus is a mineral exploration and development company focused on the world-class mining district of Sudbury, Ontario.
  • Our principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project located northeast of Sudbury.

VEON Ventures Makes $15m Series A Investment in Dastgyr

Retrieved on: 
Tuesday, June 14, 2022
VEON, DEG, Property finder, Forward-looking statement, CEO, JazzCash, Group, City, Ecosystem, Ali Baba, Investment, Solution, Growth, Euronext Amsterdam, NASDAQ, Coca-Cola, DoorDash, GDP, Film, Cryptocurrency, Retail, Nestlé, Jazz

AMSTERDAM, June 14, 2022 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides mobile connectivity and services, announces today that the Group's VEON Ventures division has completed a US$ 15 million investment as part of a Series A round for Dastgyr, a Pakistan-based B2B e-commerce marketplace platform. This investment will contribute towards boosting Pakistan's e-commerce market.

Key Points: 
  • AMSTERDAM, June 14, 2022 /PRNewswire/ -- VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides mobile connectivity and services, announces today that the Group's VEON Ventures division has completed a US$ 15 million investment as part of a Series A round for Dastgyr, a Pakistan-based B2B e-commerce marketplace platform.
  • These investments are the building blocks of the digital ecosystem that will enable us to deliver on our strategy," said Mohd Khairil Abdullah, CEO of VEON Ventures.
  • Dastgyr will remain an independent entity, with a minority position being taken by VEON Ventures.
  • VEON Ventures' investment in Dastgyr Series A funding was made alongside Zinal Growth, DEG , Khwarizmi Ventures , OTF Jasoor Ventures , Cedar Mundi Ventures , Reflect Ventures , Century Oak Capital , Haitou Global , GoingVC , Astir Ventures , K3 Diversity Ventures , Chandaria Capital , along with the founders of Property Finder , Ayoconnect , Quiqup and senior management from DoorDash .

Sterling Metals Announces Closing of Private Placement of Units

Retrieved on: 
Thursday, May 5, 2022
TSX Venture Exchange, Unit, Offering, Company, Legislation, Property finder, Person, Indian stock exchange, Sale, CEO, News, Security (finance)

Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $0.40 per Common Share for a period of two (2) years from the closing of the Offering.

Key Points: 
  • Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $0.40 per Common Share for a period of two (2) years from the closing of the Offering.
  • Mathew Wilson, CEO, commented, "We would like to thank our existing and new shareholders for the overwhelming support in completing an over-subscribed private placement.
  • The net proceeds from the sale of the Units will be used for general working capital purposes.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Xebra Announces Private Placement

Retrieved on: 
Friday, February 25, 2022
CSE, FSE, Xebra, Private placement, THE, CAD, Canadian Securities Exchange, Exercise, BOARD, Placement, Private, Property finder, Security (finance), BC

VANCOUVER, BC, Feb. 25, 2022 /PRNewswire/ - Xebra Brands Ltd. ("Xebra") (CSE: XBRA) (OTCQB: XBRAF) (FSE: 9YC),a cannabis company, ispleased to announce a non-brokered private placement (the "Private Placement") for gross proceeds of up to CAD$1,200,000.

Key Points: 
  • VANCOUVER, BC, Feb. 25, 2022 /PRNewswire/ - Xebra Brands Ltd. ("Xebra") (CSE: XBRA) (OTCQB: XBRAF) (FSE: 9YC),a cannabis company, ispleased to announce a non-brokered private placement (the "Private Placement") for gross proceeds of up to CAD$1,200,000.
  • The Private Placement is for up to 10,000,000 units at a price of CAD$0.12 per unit.
  • The Private Placement is subject to approval by the CSE.
  • Xebra intends to use the proceeds of the Private Placement for general working capital purposes.