ALTIUS

Curaleaf Expands Zero Proof™ Brand Portfolio with Launch of Stir Fast-Acting THC Beverage Mix

Retrieved on: 
Monday, January 8, 2024
Gamer, THC, TSX, Patient, Nanotechnology, ALTIUS, Proof, Liquor

NEW YORK, Jan. 8, 2024 /PRNewswire/ -- Curaleaf Holdings, Inc. (TSX: CURA) (OTCQX: CURLF) ("Curaleaf" or the "Company"), a leading international provider of consumer cannabis products, today announced the expansion of its Zero Proof brand portfolio with the launch of Stir, a fast-acting THC beverage mix designed to transform sparkling water into an elevated cannabis experience. Stir by Zero Proof is now available at all Curaleaf locations in Illinois, and is sold wholesale to dispensaries across the state.

Key Points: 
  • Stir by Zero Proof is now available at all Curaleaf locations in Illinois, and is sold wholesale to dispensaries across the state.
  • Developed for new and existing cannabis consumers alike, Stir by Zero Proof offers an approachable and sociable alternative to hard seltzer with controllable dosing at 5mg THC per sachet.
  • Stir by Zero Proof follows the September 2023 launch of the Zero Proof brand's inaugural product offering, Squeeze, a beverage complement that provides a uniquely controllable and customizable experience with an easy-to-pour dispenser and compact design delivering 2.5mg THC per dose.
  • Zero Proof Stir is also sold by wholesale partners across the state, including at Altius, Earthmed (McHenry), and Grasshoper Club (Southloop).

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

Retrieved on: 
Friday, December 8, 2023
Regulation, Private, Adventus, TSX Venture Exchange, Sale, Private placement, Transaction, Loan, Bought deal, Legislation, News, ALTIUS, Nature, Subscription business model, National bank, Underwriting, Instrument, Exercise, Offering, Security (finance)

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
Well, TSX Venture Exchange, Indian stock exchange, Loan, IRR, News, Arrangement, Technical report, Shareholder, Nature, Technical, Conference, OTCQX, Multilateral, AVL, Bought deal, Letter, Issuer, Change, DLA Piper, History, Private, Par value, Condor, Private placement, Person, Transaction, Feasibility study, Conference call, Underwriting, Government, Sale, LLP, Acquisition, Gold, ALTIUS, Subscription business model, Growth, PEA, Minority, National bank, Concurrency, Security (finance)

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.

Altius Sports Partners Acquired by underdog & company, backed by NewSpring Holdings

Retrieved on: 
Monday, November 6, 2023
Sport, Partner (business rank), Acquisition, Shake Shack, Entrepreneurship, NBC Sports Group, NewSpring Church, Powerade, Athlete, Growth, Power, University, Partnership, Power Five conferences, School, NIL, Likeness, ALTIUS

NEW YORK, Nov. 6, 2023 /PRNewswire/ -- underdog & company ("underdog"), an innovative marketing services firm serving the sports, media, entertainment, and non-profit sectors, announced today that it has acquired Altius Sports Partners ("Altius" or "ASP"), a market leading advisor to collegiate athletics departments. This transformative acquisition comes on the heels of underdog's partnership announcement in June 2023 with NewSpring Holdings, Philadelphia-based private equity firm NewSpring's majority investment strategy, and propels Altius into a new era of growth and innovation for universities, brands and athletes.

Key Points: 
  • Since its inception in 2020, Altius has established itself as a trusted and influential force in collegiate athletics.
  • The acquisition of Altius merges our collective experience, creating fresh opportunities for schools, athletes, and brands," says Dan Mannix, Co-Founder and Managing Partner of underdog.
  • "Altius Sports Partners is already a driving force in college sports, and we are delighted to help accelerate its growth."
  • As part of underdog's acquisition of Altius, Playfly Sports sold its minority share of the Altius business.

Redwire Awarded Contract to Provide Onboard Computer for ESA’s Comet Interceptor Mission to Study Pristine Comet

Retrieved on: 
Monday, October 23, 2023
Other Manufacturing, Research, Technology, Satellite, Aerospace, Software, Manufacturing, Hardware, Data Management, Science, Power management system, European Space Agency Science Programme, Solar System, NYSE, Hera, RDW, ESA, Redwire, Comet, International Berthing and Docking Mechanism, Didymos, Spacecraft, Interceptor, Corporation, Comet Interceptor, Advanced Data Communication Control Procedures, Map, Euclid, ALTIUS

Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it has been awarded a contract with OHB Italia S.p.A. (OHB Italy) to provide the onboard computer for the European Space Agency’s (ESA) Comet Interceptor mission – Implementation Phase (Phases C/D/E1).

Key Points: 
  • Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today that it has been awarded a contract with OHB Italia S.p.A. (OHB Italy) to provide the onboard computer for the European Space Agency’s (ESA) Comet Interceptor mission – Implementation Phase (Phases C/D/E1).
  • ESA’s Comet Interceptor will be the first spacecraft to visit a long-period, dynamically new comet or interstellar object.
  • Redwire’s wholly owned Belgian subsidiary, Redwire Space NV, will develop the onboard computer for the Comet Interceptor mission, which is the “brain” of the spacecraft and is designed to monitor and control other components, including transmitting critical data to operators on the ground.
  • The onboard computer is part of Redwire’s third generation Advanced Data and Power Management System.

Perseverance Metals Enters into Option Agreement with Altius Minerals and Bitterroot Resources to Acquire the Voyageur Nickel Project in Michigan, USA

Retrieved on: 
Tuesday, August 1, 2023
PGM, South Tyrol Option Agreement, Option, Eagle, Acquisition, Lundin Mining, Equity (finance), Perseverance (rover), Palladium, Security (finance), Mining, Voyageurs, Midcontinent Rift System, Perseverance, Bitterroot, ALTIUS

The Option Agreement gives Perseverance the exclusive option until December 31, 2025 to earn a 100% interest in the Voyageur Project from Altius Resources Michigan Inc, a wholly owned subsidiary of Altius Minerals Corp., and from Trans Superior Resources Inc. and Voyageur Lands Corp, each a wholly owned subsidiary of Bitterroot Resources Inc. by:

Key Points: 
  • The Option Agreement gives Perseverance the exclusive option until December 31, 2025 to earn a 100% interest in the Voyageur Project from Altius Resources Michigan Inc, a wholly owned subsidiary of Altius Minerals Corp., and from Trans Superior Resources Inc. and Voyageur Lands Corp, each a wholly owned subsidiary of Bitterroot Resources Inc. by:
    Initial Equity: Issuing to Altius and Bitterroot a total of 20% ownership in the equity of Perseverance, to be distributed based on their pro-rata ownership of the Voyageur Project.
  • Exploration Commitment: Incurring C$2,000,000 in exploration expenditures on the Voyageur Project before December 31, 2025, including C$250,000 within the first 12 months.
  • They are a highly motivated and experienced group, with the technical and financial expertise to rapidly advance the Voyageur Project."
  • I fully endorse Perseverance's strategy of exploring for high-grade magmatic sulphide ore deposits in leading North American mining jurisdictions."

Altius Commits to $21 Million Investment in ARR

Retrieved on: 
Thursday, December 1, 2022
Titan, Sale, State, Lithium, Copper, OTCQX, News, Electricity, Nickel, Growth, TSX, Wind, Investment, Metal, Acquisition, ALS, Transport, Toronto Stock Exchange, Cobalt, ALTIUS, ARR, Renewable energy, Corporation

ARR also announced that its 50% held Great Bay Renewables II (Great Bay) joint venture has completed a US$46 million royalty investment in support of Longroad Energys (Longroad) acquisition of the 70 MWac Titan Solar project in California.

Key Points: 
  • ARR also announced that its 50% held Great Bay Renewables II (Great Bay) joint venture has completed a US$46 million royalty investment in support of Longroad Energys (Longroad) acquisition of the 70 MWac Titan Solar project in California.
  • With this participation Altius will maintain its 59% ownership in ARR.
  • John Baker, Executive Chairman of Altius commented In a short timeframe, ARRs Great Bay joint venture has deployed almost US$300 million into the rapidly expanding US renewable energy sector.
  • ARR is a renewable energy royalty company whose business is to provide long-term, royalty-level investment capital to renewable power developers, operators, and originators.

Altius Renewable Royalties Announces New Operating Royalty Investment and CDN$35 million Bought Deal Financing

Retrieved on: 
Thursday, December 1, 2022
SEC Rule 144A, CDN, Issue, Offering, FOR, Sale, State, Toronto Stock Exchange, News, NOT, TD, WIRE, Growth, TSX, Wind, Apollo, Investment, Apollo Global Management, Acquisition, ALTIUS, ARR, NEWS, Corporation, Renewable energy, Life insurance, Security (finance), Great Bay, Titan

ST. JOHN'S, Newfoundland and Labrador, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Altius Renewable Royalties Corp. (TSX: ARR) (OTCQX: ATRWF) (“ARR”, the “Corporation”, or the “Company”) reports that Great Bay Renewables II (“Great Bay”), its subsidiary that is jointly controlled with funds managed by affiliates of Apollo Global Management (“Apollo”), has entered into a US$46 million royalty investment agreement with Longroad Energy (“Longroad”) to support Longroad’s acquisition of the 70 MWac Titan Solar project in Imperial County, CA (“Titan”).

Key Points: 
  • Great Bay also holds a royalty on Longroads operating Prospero 2 solar project in Texas.
  • The royalty investment has been structured using royalty rates that vary over time and achieve Great Bays investment hurdles while optimizing Longroads project level cash flow profile.
  • We are pleased to close our second royalty investment with Longroad, particularly as this investment proves a new use case for the adoption of our royalty financing, namely to support third-party project acquisitions.
  • ARR is a renewable energy royalty company whose business is to provide long-term, royalty level investment capital to renewable power developers, operators, and originators.

Altius Provides Update on Coal Litigation

Retrieved on: 
Monday, October 24, 2022
Legal, Other Energy, Utilities, Environmental Policy, Coal, Public Policy, Government, Alternative Energy, Energy, Professional Services, Environment, Sustainability, Green Technology, State, Local, Public Policy, News, EPCOR Utilities, Metal, SCO Group, Inc. v. Novell, Inc., Sale, Government, Transport, Growth, Coal, Electricity, TSX, Navitas Land and Mineral Corporation, Toronto Stock Exchange, Nickel, ALS, Lithium, Acquisition, Coal mining, CEO, Cobalt, Copper, Supreme Court of Canada, Majority, Climate change, Nationalization, Law of the United Kingdom, Â, Supreme court, Law of Canada, View, Online gambling, Oil, Security (finance), ALTIUS

In keeping with the regulatory changes and its compensatory agreement, the plant operator is currently converting the generating units to natural gas fueling and once this is completed and coal mining ended, royalty payments to Altius will cease.

Key Points: 
  • In keeping with the regulatory changes and its compensatory agreement, the plant operator is currently converting the generating units to natural gas fueling and once this is completed and coal mining ended, royalty payments to Altius will cease.
  • Brian Dalton, CEO of Altius, commented, Altius wishes to make clear that it does not take issue with the intended phase out of coal fired power generation in Canada.
  • The statements are based on reasonable assumptions and expectations of management and Altius provides no assurance that actual events will meet management's expectations.
  • Altius does not undertake to update any forward-looking information contained herein except in accordance with securities regulation.

Probe Card Market, Evolving Opportunities with FEINMETALL GmbH and FormFactor Inc. - Technavio

Retrieved on: 
Tuesday, August 30, 2022
MEA, APAC, JAPAN, LCD, ICS, Logic, DDI, Shenzhen Kaifa Technology Co., Ltd., DRAM, USD, Factor of safety, ASIC, Geography, TOC, CAGR, MEMS, Segment, By-product, IC, ALTIUS, LSI, Growth, Printed circuit board, Microscope, Flash

The probe card market report also offers information on several market vendors, including FEINMETALL GmbH, FormFactor Inc., JAPAN ELECTRONIC MATERIALS Corp., Korea Instrument Co. Ltd., Microfriend Inc., MICRONICS JAPAN Co. Ltd., MPI Corp., Nidec SV Probe Pte.

Key Points: 
  • The probe card market report also offers information on several market vendors, including FEINMETALL GmbH, FormFactor Inc., JAPAN ELECTRONIC MATERIALS Corp., Korea Instrument Co. Ltd., Microfriend Inc., MICRONICS JAPAN Co. Ltd., MPI Corp., Nidec SV Probe Pte.
  • Read the 120-page report with TOC on "Probe Card Market Analysis Report byProduct, End User, Geography and the Segment Forecasts,2021-2025".
  • Major Five Probe Card Companies:
    FEINMETALL GmbH:The company offers a range of probe cards such as VIPROBE PROBE CARDS, MYPROBE PROBE CARDS, FEINPROBE PROBE CARDS, CIPROBE PROBE CARDS, and CANTILEVER PROBE CARDS.
  • Korea Instrument Co. Ltd.:the company offers a cantilever probe card for LSI (ASIC), a fine pitch probe card for DDI, a vertical probe card for flip-chip, and an LSI MEMS card.