MI

American Metal Launches Small-Batch Whiskey Handcrafted for Motorcycle and Hot Rod Enthusiasts

Retrieved on: 
Monday, November 6, 2023

DANBURY, Conn., Nov. 6, 2023 /PRNewswire/ -- American Metal Customs, an award-winning custom shop specializing in building and restoring classic cars and motorcycles, is excited to announce the debut of its very own line of small-batch American Metal Whiskey. This boutique whiskey brand is an extension of the American Metal custom shop based in Danbury, CT, which builds stunning and unique machines that are the perfect blend of art, performance, and metal fabrication. American Metal Customs and American Metal Whiskey embody the spirit of American ingenuity and excellence while also sharing a commitment to world-class craftsmanship, an unwavering dedication to pushing the boundaries of what is possible, and a passion for creating custom cars, motorcycles, and award-winning whiskey.

Key Points: 
  • American Metal Customs and American Metal Whiskey embody the spirit of American ingenuity and excellence while also sharing a commitment to world-class craftsmanship, an unwavering dedication to pushing the boundaries of what is possible, and a passion for creating custom cars, motorcycles, and award-winning whiskey.
  • "We're beyond excited to bring American Metal Whiskey to motorcycle, hotrod, and whiskey enthusiasts across the U.S.
  • The goal of American Metal Whiskey was to create a premium whiskey built specifically for rowdy people who love custom car and motorcycle culture," mentioned Chris Bishop, owner and CEO of American Metal Whiskey.
  • American Metal Whiskey is available in select bars, restaurants, and liquor stores in the U.S. American Metal Whiskey is to be enjoyed responsibly and only by consumers of legal drinking age.

Arch MI Secures Over $233 Million of Indemnity Reinsurance through Bellemeade Re Insurance-Linked Note Transaction and Related Reinsurance

Retrieved on: 
Tuesday, October 31, 2023

Arch Mortgage Insurance Company (Arch MI) announced it has obtained over $233 million of indemnity reinsurance on a pool representing approximately $32.4 billion of mortgages from Bellemeade Re 2023-1 Ltd., a special purpose reinsurer.

Key Points: 
  • Arch Mortgage Insurance Company (Arch MI) announced it has obtained over $233 million of indemnity reinsurance on a pool representing approximately $32.4 billion of mortgages from Bellemeade Re 2023-1 Ltd., a special purpose reinsurer.
  • The coverage was obtained by issuing approximately $186 million in bonds and $46 million in direct reinsurance.
  • This transaction largely covers a portfolio of MI policies issued by Arch MI and affiliates primarily from January 2023 through September 2023 and closed on Oct. 31.
  • Since the Bellemeade program began in 2015, Arch has completed 20 transactions that have secured over $9 billion in indemnity reinsurance.

AM Best Affirms Credit Ratings of Atlantic Casualty Insurance Company and Certain Affiliates and Subsidiaries; Revises Outlooks to Negative for Members of Auto-Owners Insurance Group

Retrieved on: 
Friday, October 27, 2023

AM Best has affirmed the Financial Strength Rating (FSR of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR of “aa-” (Superior) of Atlantic Casualty Insurance Company (Atlantic Casualty) (Goldsboro, NC).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR of “aa-” (Superior) of Atlantic Casualty Insurance Company (Atlantic Casualty) (Goldsboro, NC).
  • AM Best also has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Auto-Owners Specialty Insurance Company (AOSIC) (Dover, DE).
  • As a surplus lines carrier, Atlantic Casualty offers innovative products that add diversity to the organization’s overall book of business.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

AnX Robotica Announces Expanded Indications of Magnetically Controlled Capsule Endoscopy

Retrieved on: 
Thursday, November 2, 2023

PLANO, Texas, Nov. 2, 2023 /PRNewswire/ -- AnX Robotica Corporation ( www.anxrobotics.com ), the developer and manufacturer of the NaviCam® Magnetically Controlled Capsule Endoscopy System (MCCE), is pleased to announce expanded indications of Magnetically controlled Capsule Endoscopy.

Key Points: 
  • PLANO, Texas, Nov. 2, 2023 /PRNewswire/ -- AnX Robotica Corporation ( www.anxrobotics.com ), the developer and manufacturer of the NaviCam® Magnetically Controlled Capsule Endoscopy System (MCCE), is pleased to announce expanded indications of Magnetically controlled Capsule Endoscopy.
  • The NaviCam Stomach Capsule is now intended for visualization of the stomach of patients ≥ 6 years old as well as patients with a BMI ≤ 65 and a waist circumference ≤ 77 inches.
  • These expanded indications for MCCE will include examinations in pediatric patients as well as in patients with a high BMI.
  • "With the expanded indications for MCCE to include the pediatric population as well as those with a high BMI, the NaviCam MCCE System becomes an excellent option for a broad group of patients, added Stu Wildhorn, Vice President of Marketing for AnX Robotica."

AVANTI HELIUM ANNOUNCES OVERNIGHT MARKETED BEST EFFORTS PUBLIC OFFERING OF UNITS

Retrieved on: 
Thursday, November 2, 2023

CALGARY, AB, Nov. 2, 2023 /CNW/ - Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company"), is pleased to announce that it has commenced an overnight marketed best efforts public offering (the "Offering") of units (the "Units") of the Company, seeking to raise gross proceeds of approximately $3 million.

Key Points: 
  • CALGARY, AB, Nov. 2, 2023 /CNW/ - Avanti Helium Corp. (TSXV: AVN) (OTC: ARGYF) ("Avanti" or the "Company"), is pleased to announce that it has commenced an overnight marketed best efforts public offering (the "Offering") of units (the "Units") of the Company, seeking to raise gross proceeds of approximately $3 million.
  • Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant (a "Warrant").
  • The Offering will be conducted pursuant to the Company's Canadian base shelf prospectus dated November 23, 2022 (the "Base Shelf Prospectus").
  • A prospectus supplement (the "Prospectus Supplement") relating to the Offering will be filed in each of the provinces of Canada, except the Province of Quebec.

Local nonprofits to help more Michiganders make ends meet through MI Nonprofit Relief Fund

Retrieved on: 
Thursday, November 2, 2023

LANSING, Mich., Nov. 2, 2023 /PRNewswire/ -- The Michigan Nonprofit Association (MNA) has announced the list of 1,373 nonprofit award winners of the MI Nonprofit Relief Fund, a vital lifeline for Michigan's charitable organizations grappling with the adverse impacts of the COVID-19 pandemic. The fund, announced in February of 2023 and totaling $35 million, is dedicated to assisting small charitable nonprofit organizations that have been tirelessly serving their communities in these challenging times.

Key Points: 
  • "The Michigan Nonprofit Relief Fund will support nearly 1,400 nonprofits across the state so they can continue to provide their critical services.
  • Michigan-based nonprofits applied to the MI Nonprofit Relief Fund in the spring of 2023.
  • The MI Nonprofit Relief Fund is awarding one-time grant funds ranging from $5,000 to $25,000 to nonprofits in areas most affected by COVID-19, especially those underserved and underrepresented populations.
  • For more information about the MI Nonprofit Relief Fund, including details about all grantees, visit www.mnaonline.org/policy/nonprofit-relief-fund .

PAN GLOBAL COMPLETES UPSIZED $6 MILLION PRIVATE PLACEMENT FINANCING

Retrieved on: 
Wednesday, November 1, 2023

VANCOUVER, BC, Nov. 1, 2023 /PRNewswire/ -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSX-V: PGZ; OTCQX: PGZFF) announces today the closing of its upsized $6 million non-brokered private placement financing. (All dollar amounts in this media release refer to Canadian dollars.)

Key Points: 
  • /NOT FOR DISSEMINATION, RELEASE OR PUBLICATION IN OR INTO THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES/
    VANCOUVER, BC, Nov. 1, 2023 /PRNewswire/ -- Pan Global Resources Inc. ("Pan Global" or the "Company") (TSX-V: PGZ; OTCQX: PGZFF) announces today the closing of its upsized $6 million non-brokered private placement financing.
  • The Company announced on October 4, 2023, that it had arranged a non-brokered private placement financing of up to 10,000,000 units (the "Units") of securities at a price of $0.20 per Unit for aggregate gross proceeds of up to $2 million (the "Offering").
  • On October 19, 2023, the Company advised it would issue up to 30,000,000 Units for aggregate gross proceeds of up to $6 million in an upsized Offering.
  • The securities issued pursuant to this private placement are subject to a four-month hold period in Canada and will be subject to U.S. resale restrictions under U.S. securities laws.

Chase Plastics announces eighth annual Giving Card Campaign

Retrieved on: 
Wednesday, November 1, 2023

CLARKSTON, Mich., Nov. 1, 2023 /PRNewswire-PRWeb/ -- In its eighth year, the effort is a much-anticipated tradition that provides the opportunity to nominate a charitable organization to receive a well-deserved donation. This year, Chase Plastics is increasing its donation amount to $2,500 from $1,000.

Key Points: 
  • Chase Plastics is excited to announce the official kick-off of its annual holiday "Giving Card" campaign.
  • Chase Plastics will highlight various charitable organizations' efforts on their social media pages throughout the campaign period to help raise awareness about them.
  • The act of giving has been synonymous with the Chase Plastics name, culture, and the plastics industry for decades.
  • So, it is no surprise that — much like Chase Plastics — their customers and suppliers have equally big hearts and a passion for giving.

DeFi Technologies Provides AUM Update - Approximately C$259 Million, Closing of $3 Million Private Placement and Other Corporate Updates

Retrieved on: 
Wednesday, November 1, 2023

AUM grew 40% to approximately C$259 million as of October 30, 2023, up from C$183 million as of June 30, 2023.

Key Points: 
  • AUM grew 40% to approximately C$259 million as of October 30, 2023, up from C$183 million as of June 30, 2023.
  • DeFi Technologies Inc. and Neuronomics AG entered into a landmark Joint Venture Agreement to develop AI-based digital asset exchange traded products, actively managed certificates, and asset-backed tokens for global distribution.
  • Valour Inc. entered into a collaboration with Bitcoin Suisse AG, the Swiss crypto-finance and technology pioneer.
  • The Company also announces that William C. Steers has resigned as a member of the board of directors effective immediately to pursue other opportunities.

BZAM Ltd. Secures Loan Facility from Chairman and Largest Shareholder's Investment Holding Company; Terminates Previously Announced Brokered Private Placement of Units

Retrieved on: 
Monday, October 30, 2023

The Loan will bear interest at a rate of prime plus 8% per annum and mature no earlier than April 1, 2025.

Key Points: 
  • The Loan will bear interest at a rate of prime plus 8% per annum and mature no earlier than April 1, 2025.
  • The Loan is intended to be used for general corporate expenses and working capital purposes, with the initial tranche of $1.19 million being funded today.
  • The Company's Chairman and largest shareholder, who is an insider of the Company, will be issuing the Loan.
  • The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements available under MI 61-101.