Multilateral

Elcora Closes First Tranche of Private Placement

Thursday, September 23, 2021 - 6:32pm

HALIFAX, Nova Scotia , Sept. 23, 2021 (GLOBE NEWSWIRE) -- ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTC – ECORF), (the "Company" or "Elcora"), is pleased to announce that it has closed the first tranche of its private placement pursuant to a price reservation Form 4A (“Form 4A”) filed with the TSX Venture Exchange on August 27, 2021. The Company issued 22,510,000 units at a price of $0.05 per Unit for gross proceeds of $1,125,500 for the first tranche.

Key Points: 
  • HALIFAX, Nova Scotia , Sept. 23, 2021 (GLOBE NEWSWIRE) -- ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM |OTC ECORF),(the "Company" or "Elcora"), is pleased to announce that it has closed the first tranche of its private placement pursuant to a price reservation Form 4A (Form 4A) filed with the TSX Venture Exchange on August 27, 2021.
  • The Company issued 22,510,000 units at a price of $0.05 per Unit for gross proceeds of $1,125,500 for the first tranche.
  • One of the Companys Directors participated in the first tranche of the Offering and will acquire an aggregate of 680,000 Units.
  • Elcora has developed a cost-effective process to make high-quality graphite, graphite products and graphene that are commercially scalable.

Inter Pipeline and Brookfield Infrastructure Provide Update on Strategic Transaction and Executive Transition Plan

Thursday, September 23, 2021 - 1:45am

The Circular has been filed on Inter Pipeline's profile on SEDAR at www.sedar.com and is available on Inter Pipeline's website at www.interpipeline.com.

Key Points: 
  • The Circular has been filed on Inter Pipeline's profile on SEDAR at www.sedar.com and is available on Inter Pipeline's website at www.interpipeline.com.
  • Brookfield Infrastructure may vote the Common Shares acquired by it under its takeover bid of Inter Pipeline, which was completed on September 3, 2021, as part of the "minority" approval.
  • Mr. Bayle will also resign from the Board of Directors (the "Board") of Inter Pipeline effective the same day.
  • As part of the Executive Transition Plan, effective September 21, 2021, Mr. Hawksworth was appointed Deputy Chief Financial Officer of Inter Pipeline.

Candelaria Announces Upsize to Private Placement Financing and Closing of First Tranche

Wednesday, September 22, 2021 - 1:00pm

VANCOUVER, British Columbia, Sept. 22, 2021 (GLOBE NEWSWIRE) -- Candelaria Mining Corp. (TSX-V: CAND, OTC PINK: CDELF) (the “Company”) is pleased to announce that, further to its press release of September 1, 2021, and due to investor demand, it has upsized its non-brokered private placement from gross proceeds of $7,800,000 to up to $9,300,000 through the issuance of up to 20,666,666 units of the Company (the “Units”) at a price of $0.45 per Unit (the “Offering”). Each Unit will consist of one common share of the Company and one-half of a common share purchase warrant (the “Warrants”), with each full Warrant entitling the holder thereof to acquire one common share of the Company at a price $0.65 for a period of 36 months following the closing of the Offering.

Key Points: 
  • In addition, the Company is pleased to announce that it has closed the first tranche of the Offering through the issuance of 17,622,494 Units for gross proceeds of $7,930,122.
  • This first tranche includes the subscription of 13,333,333 Units by Agnico Eagle Mines Limited (Agnico Eagle) for gross proceeds of $6,000,000.
  • Gross proceeds raised from the Offering will be used for permitting, exploration and development at the Caballo Blanco Project and general corporate purposes.
  • The Insider Subscriptions constitute related party transactions within the meaning of Multilateral Instrument 61-101 Protection of Minority Securityholders in Special Transactions (MI 61-101).

Central African Gold Closes Non-Brokered Private Placement

Friday, September 17, 2021 - 8:30pm

Vancouver, British Columbia--(Newsfile Corp. - September 17, 2021) - Central African Gold Inc. (TSXV: CAGR) (FSE: BC21) (OTCQB: NDENF) (the "Corporation" or "Central African Gold") is pleased to announce the closing of the previously announced non-brokered private placement (the "Financing") of 12,500,000 units (each a "Unit") at a price of CDN $0.15 per Unit for aggregate proceeds of CDN $1,875,000.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 17, 2021) - Central African Gold Inc. (TSXV: CAGR) (FSE: BC21) (OTCQB: NDENF) (the "Corporation" or "Central African Gold") is pleased to announce the closing of the previously announced non-brokered private placement (the "Financing") of 12,500,000 units (each a "Unit") at a price of CDN $0.15 per Unit for aggregate proceeds of CDN $1,875,000.
  • About Central African Gold Inc.
    Central African Gold is a natural resource company with a focus on the acquisition, exploration, development, and operation of base metal mineral projects in the DRC.
  • Central African Gold has the intention to acquire interests in additional concessions or relinquish concessions in the normal course of business.
  • Central African Gold has an experienced management team located in the DRC.

Palamina Converts Debt and Increases Ownership in Winshear Gold to 19.5%

Wednesday, September 15, 2021 - 1:31pm

Toronto, Ontario--(Newsfile Corp. - September 15, 2021) - Palamina Corp. (TSXV: PA) and Winshear Gold Corp. (TSXV: WINS) have agreed to convert US$33,700 (CDN$42,000) in debt due Palamina into 525,000 common shares of Winshear.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - September 15, 2021) - Palamina Corp. (TSXV: PA) and Winshear Gold Corp. (TSXV: WINS) have agreed to convert US$33,700 (CDN$42,000) in debt due Palamina into 525,000 common shares of Winshear.
  • Upon completion, Palamina will hold 10,525,000 common shares or 19.5% of the issued and outstanding common shares of Winshear.
  • The shares to be acquired by Palamina will be pursuant to a shares for debt settlement with Winshear Gold Corp. and will not be acquired on any stock exchange or other marketplace.
  • Palamina holds an 19.5% equity interest in Winshear Gold Corp. who are advancing the Gaban Gold Project to the drill discovery phase.

Hello Pal Announces Investment in Language Education

Wednesday, September 15, 2021 - 1:00pm

VANCOUVER, BC, Sept. 15, 2021 /PRNewswire/ -- Hello Pal International Inc. ("Hello Pal" or the "Company") (CSE: HP) (Frankfurt: 27H) (OTC: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it has signed a Cooperation Agreement with Little Pal Asia Limited ("LPA") where the Company will be licensed, on a non-exclusive worldwide basis, to freely use LPA's innovative "Infinity Language" language learning system throughout the Company's product and service offerings, and in particular, in its Language Pal app.

Key Points: 
  • VANCOUVER,BC, Sept. 15, 2021 /PRNewswire/ -- Hello Pal International Inc. ("Hello Pal" or the "Company") (CSE: HP) (Frankfurt: 27H) (OTC: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it has signed a Cooperation Agreement with Little Pal Asia Limited ("LPA") where the Company will be licensed, on a non-exclusive worldwide basis, to freely use LPA's innovative "Infinity Language" language learning system throughout the Company's product and service offerings, and in particular, in its Language Pal app.
  • Under the Cooperation Agreement, LPA will adapt the learning system in the adult market for Hello Pal's Language Pal.
  • Other than this initial investment, Hello Pal will not be required to pay any other amounts to LPA for the use of the Infinity Language learning system.
  • Although Hello Pal is currently generating revenues, Hello Pal remains in the growth stage and such revenues are yet to be profitable.

Hello Pal Announces Investment in Language Education

Wednesday, September 15, 2021 - 1:00pm

VANCOUVER, BC, Sept. 15, 2021 /PRNewswire/ -- Hello Pal International Inc. ("Hello Pal" or the "Company") (CSE: HP) (Frankfurt: 27H) (OTC: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it has signed a Cooperation Agreement with Little Pal Asia Limited ("LPA") where the Company will be licensed, on a non-exclusive worldwide basis, to freely use LPA's innovative "Infinity Language" language learning system throughout the Company's product and service offerings, and in particular, in its Language Pal app.

Key Points: 
  • VANCOUVER,BC, Sept. 15, 2021 /PRNewswire/ -- Hello Pal International Inc. ("Hello Pal" or the "Company") (CSE: HP) (Frankfurt: 27H) (OTC: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it has signed a Cooperation Agreement with Little Pal Asia Limited ("LPA") where the Company will be licensed, on a non-exclusive worldwide basis, to freely use LPA's innovative "Infinity Language" language learning system throughout the Company's product and service offerings, and in particular, in its Language Pal app.
  • Under the Cooperation Agreement, LPA will adapt the learning system in the adult market for Hello Pal's Language Pal.
  • Other than this initial investment, Hello Pal will not be required to pay any other amounts to LPA for the use of the Infinity Language learning system.
  • Although Hello Pal is currently generating revenues, Hello Pal remains in the growth stage and such revenues are yet to be profitable.

Sugarbud Announces Receipt of DTC Eligibility and the Close of a Non-Brokered Private Placement

Wednesday, September 15, 2021 - 12:53am

Securities that are eligible to be electronically cleared and settled through the DTC are considered to be "DTC eligible.

Key Points: 
  • Securities that are eligible to be electronically cleared and settled through the DTC are considered to be "DTC eligible.
  • The Company also announces the completion of a non-brokered private placement (the "Private Placement") for gross proceeds of $355,000, of which executive management and board members took up 74%.
  • Pursuant to the Private Placement, Sugarbud issued 8,875,000 units ("Units") at a price of $0.04 per Unit.
  • Sugarbud will use the proceeds of the Private Placement for general corporate and working capital purposes.

Imperial Mining Announces Closing of a $819,000 Private Placement of Units

Tuesday, September 14, 2021 - 12:58am

I am very pleased with the positive response that the market had regarding our hard dollar private placement, said Imperial President & CEO, Peter Cashin.

Key Points: 
  • I am very pleased with the positive response that the market had regarding our hard dollar private placement, said Imperial President & CEO, Peter Cashin.
  • This financing continues to add important, new high-net worth international investors into the Imperial Mining fold.
  • All securities issued pursuant to the Offering are subject to the applicable statutory hold period of four (4) months and one (1) day from the closing.
  • ABOUT IMPERIAL MINING GROUP LTD.
    Imperial is a Canadian mineral exploration and development company focused on the advancement of its technology metals projects in Qubec.

AngloGold Ashanti Signs Definitive Agreement to Acquire Corvus and Consolidate the Beatty District of Nevada

Monday, September 13, 2021 - 2:00pm

Alberto Calderon, AngloGold Ashantis Chief Executive Officer and Executive Director, said:

Key Points: 
  • Alberto Calderon, AngloGold Ashantis Chief Executive Officer and Executive Director, said:
    We are pleased to reach an agreement with Corvus that we believe is value enhancing for all stakeholders.
  • This transaction delivers a compelling, district-wide consolidation in Nevada, which allows for the Beatty District to become a potential Tier 1 asset for AngloGold Ashanti.
  • AngloGold Ashanti has been a supportive shareholder of Corvus since its inception and has supported us in our capital raising needs along the way.
  • An early warning report will be filed by AngloGold Ashanti with applicable Canadian securities regulatory authorities and will be available on Corvus SEDAR profile at www.sedar.com or may be obtained from the AngloGold Ashanti by contacting AngloGold Ashanti Investor Relations at investors@anglogoldashanti.com .