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Adventus and Luminex Announce Closing of US$18 million in Equity Financings Related to the Proposed Merger

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Friday, December 8, 2023

TORONTO, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Adventus Mining Corporation (“Adventus” or the “Company”) (TSXV: ADZN) and Luminex Resources Corp. (“Luminex”) (TSXV: LR) are pleased to announce that Adventus has closed its previously announced private placement of equity securities for aggregate gross proceeds of approximately US$18 million, comprised of approximately:

Key Points:

The Non-Brokered Private Placement, the Bought Deal Private Placement and the Unit Non-Brokered Private Placement are collectively referred to as the “Offering’”.
“United States” is as defined in Regulation S under the U.S. Securities Act.
The Repricing remains subject to the approval of the TSXV.
For additional information on the Transaction, please refer to the Adventus and Luminex joint news release dated November 21, 2023.

Adventus and Luminex Announce Merger to Create a Growth-Focused Copper-Gold Company in Ecuador

Retrieved on:

Tuesday, November 21, 2023

TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Adventus Mining Corporation (“Adventus”) (TSXV: ADZN) (OTCQX: ADVZF) and Luminex Resources Corp. (“Luminex”) (TSXV: LR) (OTCQX: LUMIF) are pleased to announce that they have entered into an arrangement agreement (the “Arrangement Agreement”), pursuant to which Adventus will acquire all of the issued and outstanding common shares of Luminex (the “Luminex Shares”), in exchange for common shares of Adventus (the “Adventus Shares”), by way of a plan of arrangement (the “Transaction”, with the resulting entity referred to as the “Resulting Issuer”). The Transaction will create a combined company that intends to lead the advancement of the El Domo-Curipamba copper-gold project (the “El Domo Project”) towards production and consolidates a large and prospective gold-copper development and exploration portfolio in Ecuador totalling over 135,000 hectares which includes the preliminary economic assessment (“PEA”) stage Condor gold project (the “Condor Project”). Further details of the Transaction are outlined below.

Key Points:

Christian Kargl-Simard, President and CEO of Adventus, commented: “This Transaction is an exciting opportunity to unite complementary assets, teams, and investors to create value for all Adventus and Luminex shareholders.
DLA Piper (Canada) LLP, DLA Piper LLP (US) and AVL Abogados are acting as legal counsel to Adventus in Canada, the U.S. and Ecuador, respectively.
Borden Ladner Gervais LLP, Troutman Pepper Hamilton Sanders LLP, and Tobar ZVS are acting as legal counsel to Luminex in Canada, the U.S. and Ecuador, respectively.
Adventus and Luminex will host a joint conference call on Tuesday, November 22, 2023, at 12:00 pm (noon) ET to discuss the Transaction.

Dye & Durham announces actions to improve balance sheet flexibility and reduces convertible debt

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Friday, October 20, 2023

Sale, Risk, Toronto Stock Exchange, Computershare, BCE Inc v 1976 Debentureholders, Indian stock exchange, Bought deal, The Company, Dye, Conversion, TSX, Letter, Security (finance), Cryptocurrency, Risk management, Canaccord Genuity

TORONTO, Oct. 20, 2023 /CNW/ - Dye & Durham Limited ("Dye & Durham" or the "Company") (TSX: DND), one of the world's largest providers of cloud-based legal practice management software designed to make managing a law firm, organizing cases, and collaborating with clients easy, today announced a series of actions to improve its balance sheet flexibility and reduce its convertible debt.

Key Points:

TORONTO, Oct. 20, 2023 /CNW/ - Dye & Durham Limited ("Dye & Durham" or the "Company") (TSX: DND), one of the world's largest providers of cloud-based legal practice management software designed to make managing a law firm, organizing cases, and collaborating with clients easy, today announced a series of actions to improve its balance sheet flexibility and reduce its convertible debt.
"By refinancing a sizeable portion of our convertible debt on favourable terms, we are taking a meaningful step to deleverage our balance sheet and improve our long-term capital structure," said Dye & Durham CEO Matthew Proud.
"The actions we are taking today will, upon completion, reduce the balance of our original convertible debentures by $95 million, decrease our overall convertible debt by $10 million and give us greater flexibility to refinance and strengthen our balance sheet going forward as we continue to grow Dye & Durham into a global legal technology leader."
This press release is neither an offer to purchase nor a solicitation of an offer to sell any Original Debentures.

Spectral Medical Announces Second Quarter Results and Provides Corporate Update

Retrieved on:

Thursday, August 10, 2023

TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, today announced its financial results for the second quarter ended June 30, 2023 and provided a corporate update.

Key Points:

TORONTO, Aug. 10, 2023 (GLOBE NEWSWIRE) -- Spectral Medical Inc. (“Spectral” or the “Company”) (TSX: EDT), a late-stage theranostic company advancing therapeutic options for sepsis and septic shock, today announced its financial results for the second quarter ended June 30, 2023 and provided a corporate update.
During the second quarter, the Company continued to execute on a number of key business initiatives that are targeted at enhancing and accelerating Tigris enrollment.
The Company remains on schedule to onboard an additional 7 new sites over the next quarter bringing the total sites to 25.
The Company concluded the second quarter of 2023 with cash of $2,521,000 compared to $8,414,000 of cash on hand as of December 31, 2022.

ALUULA Composites Inc. Announces Bought Deal Financing

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Monday, June 19, 2023

Workforce, TSX Venture Exchange, NOT, FOR, Issue, Person, Offering, Haywood, News, Bought deal, Security (finance), Unit

VICTORIA, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) -- ALUULA Composites Inc. (TSX-V: AUUA) (“ALUULA” or the “Company”) announces that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), pursuant to which Haywood has agreed to purchase itself or via substitute purchasers, on a bought deal private-placement basis, 20 million units of the Company (the “Units”) at a price of C$0.15 per Unit (the “Issue Price”), for total gross proceeds of C$3.0 million (the “Bought Deal Offering”).

Key Points:

NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES
VICTORIA, British Columbia, June 19, 2023 (GLOBE NEWSWIRE) -- ALUULA Composites Inc. (TSX-V: AUUA) (“ALUULA” or the “Company”) announces that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), pursuant to which Haywood has agreed to purchase itself or via substitute purchasers, on a bought deal private-placement basis, 20 million units of the Company (the “Units”) at a price of C$0.15 per Unit (the “Issue Price”), for total gross proceeds of C$3.0 million (the “Bought Deal Offering”).
Each Unit will consist of one common share and one common share purchase warrant (a “Warrant”).
Each Warrant will entitle the holder to purchase an additional common share of the Company at a price of C$0.25 per share for a period of 24 months from the closing of the Bought Deal Offering.
The Underwriter’s Option, if exercised, is expected to close concurrently with the closing of the Bought Deal Offering (collectively the Bought Deal Offering and the Underwriter’s Option, as applicable, are referred to as the "Offering”).

Artemis Announces up to $175 Million Equity Financing

Retrieved on:

Wednesday, October 5, 2022

VANCOUVER, British Columbia, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Artemis Gold Inc. (TSX-V: ARTG) ("Artemis" or the "Company") is pleased to announce that it has entered into an agreement with National Bank Financial, as sole bookrunner and lead underwriter, together with RBC Capital Markets and Stifel GMP as co-lead underwriters, on behalf of a syndicate of underwriters (collectively, the "Underwriters") under which the Underwriters have agreed to buy on a bought deal basis 19,112,000 common shares (the "Common Shares"), at a price of $4.50 per Common Share (the “Offering Price”) for gross proceeds of $86,004,000 (the "Bought Deal Offering").

Key Points:

The Offering is expected to close on October 14, 2022.
The closing of the Offering is subject to certain conditions, including but not limited to, the Company receiving the approval of the TSX Venture Exchange.
The net proceeds of the Offering will be used to fund permitting and development costs for the Companys Blackwater Gold Project and for general corporate purposes.
Forward-looking statements and information are not historical facts and are made as of the date of this news release.

RHYOLITE RESOURCES LTD. ANNOUNCES CLOSING OF C$18 MILLION PRIVATE PLACEMENT FINANCING

Retrieved on:

Tuesday, December 21, 2021

Rhyolite also closed its previously announced non-brokered private placement of approximately C$4 million at a price per Common Share equal to the Offering Price (the "Non-Brokered Private Placement", and together with the Bought Deal Private Placement, the "Offering").

Key Points:

Rhyolite also closed its previously announced non-brokered private placement of approximately C$4 million at a price per Common Share equal to the Offering Price (the "Non-Brokered Private Placement", and together with the Bought Deal Private Placement, the "Offering").
No finders fees or commissions were paid in connection with the Non-Brokered Private Placement.
A material change report will be filed in connection with the related party participation in the Non-Brokered Private Placement less than 21 days in advance of closing of the Non-Brokered Private Placement as approval of the Non-Brokered Private Placement occurred less than 21 days prior to closing.
The Non-Brokered Private Placement was approved by the board of directors of the Company, with directors participating in the Non-Brokered Private Placement abstaining from the vote in respect thereof.

Rhyolite Resources Ltd. – Announces C$18 million Private Placement Financing

Retrieved on:

Tuesday, December 7, 2021

Engineering, BMO Capital Markets, Forward-looking statement, Company, GLOBE, Indian stock exchange, Failure, Intention, Bought deal, TSX Venture Exchange, News, BMO, Private, Legislation, Sale, Security (finance)

VANCOUVER, British Columbia, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Rhyolite Resources Ltd. (TSXV: RYE) (“Rhyolite” or the “Company”) has announced today that it has entered into an agreement with BMO Capital Markets (“BMO”), under which BMO has agreed to buy on a bought deal basis by way of private placement, 16,000,000 common shares (the “Common Shares”) of the Company, at a price of C$0.88 per Common Share (the “Offering Price”) for gross proceeds of approximately C$14 million (the “Bought Deal Private Placement”). Rhyolite is also undertaking a non-brokered private placement of approximately C$4 million at a price per Common Share equal to the Offering Price (the “Non-Brokered Private Placement”, and together with the Bought Deal Private Placement, the “Offering”). In addition, the Company has also granted BMO an option, exercisable up to 48 hours prior to the closing of the Offering, to purchase up to an additional 4,500,000 Common Shares purchased pursuant to the Bought Deal Private Placement.

Key Points:

VANCOUVER, British Columbia, Dec. 07, 2021 (GLOBE NEWSWIRE) -- Rhyolite Resources Ltd. (TSXV: RYE) (Rhyolite or the Company) has announced today that it has entered into an agreement with BMO Capital Markets (BMO), under which BMO has agreed to buy on a bought deal basis by way of private placement, 16,000,000 common shares (the Common Shares) of the Company, at a price ofC$0.88 per Common Share (the Offering Price) for gross proceeds of approximatelyC$14 million (the Bought Deal Private Placement).
Rhyolite is also undertaking a non-brokered private placement of approximatelyC$4 million at a price per Common Share equal to the Offering Price (the Non-Brokered Private Placement, and together with the Bought Deal Private Placement, the Offering).In addition, the Company has also granted BMO an option, exercisable up to 48 hours prior to the closing of the Offering, to purchase up to an additional 4,500,000 Common Shares purchased pursuant to the Bought Deal Private Placement.
The Company intends to use the net proceeds of the Offering for furthering engineering work on Muckahi, procurement of Muckahi equipment, exploration in Suriname, and corporate purposes.
The Offering is expected to close on or about December 21, 2021 and is subject to Rhyolite receiving all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

Eloro Resources Closes C$25 Million Bought Deal Financing

Retrieved on:

Friday, March 26, 2021

Initial public offering, Finance, Corporate finance, Money, Bookrunner, Underwriting, Bought deal, Drilling rig, Economy

The Offering was underwritten on a bought deal basis by Haywood Securities Inc. and Cantor Fitzgerald Canada Corporation as co-lead underwriters and joint bookrunners, and Cormark Securities Inc. as co-lead underwriter (collectively, the Underwriters).

Key Points:

The Offering was underwritten on a bought deal basis by Haywood Securities Inc. and Cantor Fitzgerald Canada Corporation as co-lead underwriters and joint bookrunners, and Cormark Securities Inc. as co-lead underwriter (collectively, the Underwriters).
The Company intends to use the net proceeds from the Offering mainly for continued exploration and development of the Companys Iska Iska project in Bolivia.
On February 16, 2021, Eloro announced the addition of a second drill rig to commence drilling on the Central Breccia Pipe target.
Eloro is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec.

FPX Nickel Announces $10 Million Bought Deal Public Offering of Common Shares

Retrieved on:

Wednesday, March 17, 2021

Stock market, Initial public offering, Finance, Money, Security, Bought deal, Underwriting, FPX

VANCOUVER, British Columbia, March 17, 2021 (GLOBE NEWSWIRE) -- FPX Nickel Corp. (FPX-TSX.V) (FPXor theCompany) announces that it has entered into an agreement with Paradigm Capital Inc. and Cormark Securities Inc. (the Underwriters), pursuant to which the Underwriters will purchase, on a bought deal basis, 15,385,000 common shares (the Common Shares) at an offering price of $0.65 per Common Share (the Issue Price) for gross proceeds of approximately $10 million (the Offering).

Key Points:

VANCOUVER, British Columbia, March 17, 2021 (GLOBE NEWSWIRE) -- FPX Nickel Corp. (FPX-TSX.V) (FPXor theCompany) announces that it has entered into an agreement with Paradigm Capital Inc. and Cormark Securities Inc. (the Underwriters), pursuant to which the Underwriters will purchase, on a bought deal basis, 15,385,000 common shares (the Common Shares) at an offering price of $0.65 per Common Share (the Issue Price) for gross proceeds of approximately $10 million (the Offering).
The Company intends to use the net proceeds of the Offering primarily for exploration and development activities at its Baptiste Nickel Project and general corporate purposes.
On behalf of FPX Nickel Corp.
Certain of the statements made and information contained herein is considered forward-looking information within the meaning of applicable Canadian securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.