Multilateral

BIOVAXYS ANNOUNCES COMPLETED DEBT SETTLEMENT

Retrieved on: 
Monday, January 29, 2024
Multilateral, Legislation, Debt settlement, CAD, Minority, FRA

VANCOUVER, BC, Jan. 29, 2024 /PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) ("BioVaxys" or the "Company") announces that it completed the settlement of CAD$215,000 in debt through the issuance of 7,166,666 common shares issued at a deemed price of $0.03 per common share.

Key Points: 
  • VANCOUVER, BC, Jan. 29, 2024 /PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) ("BioVaxys" or the "Company") announces that it completed the settlement of CAD$215,000 in debt through the issuance of 7,166,666 common shares issued at a deemed price of $0.03 per common share.
  • None of the debt settled included accrued salaries to officers or directors of the Company, nor does it include payments for Investor Relations Activities.
  • The Company relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101.
  • All securities issued in connection with the completed Debt Settlement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

BIOVAXYS ANNOUNCES COMPLETED DEBT SETTLEMENT

Retrieved on: 
Monday, January 29, 2024
Multilateral, Legislation, Debt settlement, CAD, Minority, FRA

VANCOUVER, BC, Jan. 29, 2024 /PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) ("BioVaxys" or the "Company") announces that it completed the settlement of CAD$215,000 in debt through the issuance of 7,166,666 common shares issued at a deemed price of $0.03 per common share.

Key Points: 
  • VANCOUVER, BC, Jan. 29, 2024 /PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) ("BioVaxys" or the "Company") announces that it completed the settlement of CAD$215,000 in debt through the issuance of 7,166,666 common shares issued at a deemed price of $0.03 per common share.
  • None of the debt settled included accrued salaries to officers or directors of the Company, nor does it include payments for Investor Relations Activities.
  • The Company relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101.
  • All securities issued in connection with the completed Debt Settlement are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

Playmaker Capital Inc. announces Shareholder Approval of its Acquisition by Better Collective

Retrieved on: 
Monday, January 22, 2024
Professional Services, Marketing, Digital Marketing, Communications, Sports, Other Professional Services, General Sports, Proxy, Meeting, Arrangement, Person, Playmaker, Acquisition, Minority, Multilateral, Holding company

Playmaker Capital Inc. (TSX-V: PMKR) (“Playmaker” or the “Company”), the digital sports media company that delivers authentic content experiences through its portfolio of sports media brands, is pleased to announce that holders (the “Company Shareholders”) of its common shares (the “Common Shares”) have voted in favour of the previously announced acquisition of Playmaker by Better Collective A/S (“Better Collective”) by way of plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) at the Company’s special meeting of shareholders (the “Meeting”) held on January 22, 2024.

Key Points: 
  • Playmaker Capital Inc. (TSX-V: PMKR) (“Playmaker” or the “Company”), the digital sports media company that delivers authentic content experiences through its portfolio of sports media brands, is pleased to announce that holders (the “Company Shareholders”) of its common shares (the “Common Shares”) have voted in favour of the previously announced acquisition of Playmaker by Better Collective A/S (“Better Collective”) by way of plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) at the Company’s special meeting of shareholders (the “Meeting”) held on January 22, 2024.
  • The completion of the Arrangement requires the approval of: (i) at least two-thirds of the votes cast at the Meeting in person or by proxy by Company Shareholders; and (ii) a majority of the votes cast at the Meeting in person or by proxy by Company Shareholders, excluding votes of persons whose votes must be excluded in accordance with Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (“MI 61-101”).
  • The voting results from the Meeting are as follows:

Blackstone Real Estate to Take Tricon Residential Private

Retrieved on: 
Friday, January 19, 2024
Commercial Building & Real Estate, Construction & Property, Finance, Asset Management, Building Systems, Professional Services, Other Construction & Property, Residential Building & Real Estate, Special, Simpson Thacher & Bartlett, TCN, Committee, Schedule, Indian stock exchange, J.P. Morgan & Co., Multilateral, Wells Fargo, Transaction, RBC Capital Markets, Form 6-K, Investment Canada Act, Arrangement, LLP, TSX, BX, Proxy, Goodmans, BofA Securities, Scotiabank, Minority, Security (finance)

Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that they have entered into an arrangement agreement (the “Arrangement Agreement”) under which Blackstone Real Estate Partners X together with Blackstone Real Estate Income Trust, Inc. (“BREIT”) will acquire all outstanding common shares of Tricon (“Common Shares”) for $11.25 (approximately C$15.17) per Common Share in cash (the “Transaction”).

Key Points: 
  • Blackstone (NYSE: BX) and Tricon Residential Inc. (NYSE: TCN, TSX: TCN) (“Tricon” or the “Company”) today announced that they have entered into an arrangement agreement (the “Arrangement Agreement”) under which Blackstone Real Estate Partners X together with Blackstone Real Estate Income Trust, Inc. (“BREIT”) will acquire all outstanding common shares of Tricon (“Common Shares”) for $11.25 (approximately C$15.17) per Common Share in cash (the “Transaction”).
  • Tricon serves communities in high-growth markets such as Atlanta, Charlotte, Dallas, Tampa and Phoenix as well as Toronto, Canada.
  • “Tricon provides access to high-quality housing, and we are fully committed to delivering an exceptional resident experience together,” said Nadeem Meghji, Global Co-Head of Blackstone Real Estate.
  • In certain circumstances, Blackstone is required to pay a $526,000,000 reverse termination fee to Tricon upon the termination of the Arrangement Agreement.

Luminex Resources Securityholders Overwhelmingly Approve Adventus Mining Merger

Retrieved on: 
Friday, January 19, 2024
Arrangement, Person, Acquisition, Minority, Supreme court, Multilateral

VANCOUVER, BC, Jan. 19, 2024 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) (the "Company" or "Luminex") is pleased to announce that at a special meeting of securityholders held earlier today (the "Meeting"), Luminex shareholders and Luminex optionholders voted overwhelmingly in favour of the resolution (the "Arrangement Resolution") approving the proposed acquisition of Luminex by Adventus Mining Corporation by way of a plan of arrangement (the "Arrangement").

Key Points: 
  • VANCOUVER, BC, Jan. 19, 2024 /PRNewswire/ - Luminex Resources Corp. (TSXV: LR) (OTCQX: LUMIF) (the "Company" or "Luminex") is pleased to announce that at a special meeting of securityholders held earlier today (the "Meeting"), Luminex shareholders and Luminex optionholders voted overwhelmingly in favour of the resolution (the "Arrangement Resolution") approving the proposed acquisition of Luminex by Adventus Mining Corporation by way of a plan of arrangement (the "Arrangement").
  • 85,855,189 Luminex shares, representing 49.36% of the issued and outstanding Luminex shares and 4,430,000 Luminex stock options ("Luminex Options") representing 78.48% of the issued and outstanding Luminex Options as at the record date of December 12, 2023, were voted at the Meeting.
  • The Arrangement Resolution was approved by approximately: (i) 99.97% of the votes cast by Luminex shareholders; (ii) 99.97% of votes cast by Luminex shareholders and Luminex optionholders, voting together as a single class; and (iii) 99.94% of the votes cast by Luminex shareholders, excluding the votes cast by certain persons as required by Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions.
  • For a more detailed description of the Arrangement, please refer to the Company's management information circular dated December 15, 2023.

Kenorland Minerals Converts 20% Joint Venture Interest in Frotet Project to 4.0% NSR Royalty

Retrieved on: 
Tuesday, January 16, 2024
Completeness, Minority, Project, TSX Venture Exchange, Multilateral, Mineral, Good

The transaction results in Sumitomo consolidating 100% ownership of the Project and termination of the joint venture agreement dated April 17, 2018 between Kenorland and Sumitomo.

Key Points: 
  • The transaction results in Sumitomo consolidating 100% ownership of the Project and termination of the joint venture agreement dated April 17, 2018 between Kenorland and Sumitomo.
  • Zach Flood, President and CEO of Kenorland commented, "Today marks the beginning of an exciting new chapter as we exchange our participating project interest for a substantial royalty interest covering the Frotet Project.
  • This includes the high-grade Regnault gold discovery, which has been steadily advancing under our joint venture with Sumitomo over the past year.
  • Exchange of Kenorland's 20% participating interest in the Frotet Joint Venture for a 4% net smelter return royalty covering the 39,365 hectare property.

Anteros Metals Acquires Haven Steady VMS Property and Announces Non-Brokered Private Placement

Retrieved on: 
Monday, January 15, 2024
PB, Income Tax Act, Legislation, Acquisition, News, Property, Silver, Metal, Map, Sale, Anteros, Kuroko, Indian stock exchange, Duck pond, Offering, Minority, Person, Copper, Unit, Multilateral, VMS, Geology, National instrument, Lead, Zinc

St. John's, Newfoundland and Labrador--(Newsfile Corp. - January 15, 2024) - Anteros Metals Inc. ("Anteros" or the "Company") is pleased to announce that it has acquired the Haven Steady VMS Property (the "Property"), located in the Province of Newfoundland and Labrador.

Key Points: 
  • St. John's, Newfoundland and Labrador--(Newsfile Corp. - January 15, 2024) - Anteros Metals Inc. ("Anteros" or the "Company") is pleased to announce that it has acquired the Haven Steady VMS Property (the "Property"), located in the Province of Newfoundland and Labrador.
  • Located in a district with proven, large VMS deposits containing rich, Kuroko-style concentrations of copper, lead, zinc, and silver.
  • Complements the Company's Strickland VMS property, emphasizing Anteros' strategic focus on copper, zinc, and lead as critical minerals for project portfolio expansion and economic growth.
  • Trumbull Fisher, Company CEO, remarks, "We are thrilled with the addition of the Property to the Anteros portfolio.

CanAsia Energy Announces Closing of Second and Final Tranche of Its Previously Announced Brokered Financing for Total of $6,300,000

Retrieved on: 
Tuesday, January 16, 2024
Legislation, Partnership, Offering, Agent, CEC, TSX Venture Exchange, Multilateral, CAD, NOT, Security (finance)

CALGARY, Alberta, Jan. 16, 2024 (GLOBE NEWSWIRE) -- CanAsia Energy Corp. (“CanAsia” or the “Company”) (CEC – TSXV) is pleased to announce the closing of the second tranche (“Second Tranche”) of its brokered private placement offering previously announced on December 4, 13 and 21, 2023 (“Offering”). 12,580,000 common shares of the Company (“Shares”) were issued today at an issue price of CAD $0.10 per Share for additional aggregate gross proceeds of CAD $1,258,000. The Offering was fully subscribed; 63,000,000 Shares were issued in two tranches to raise aggregate gross proceeds of CAD $6,300,000. The Offering was led by Research Capital Corporation as the sole agent and sole bookrunner (the “Agent”).

Key Points: 
  • The Offering was fully subscribed; 63,000,000 Shares were issued in two tranches to raise aggregate gross proceeds of CAD $6,300,000.
  • The Offering was led by Research Capital Corporation as the sole agent and sole bookrunner (the “Agent”).
  • CanAsia intends to use the net proceeds from the Offering, combined with CanAsia's previously available working capital, primarily for international new ventures focused initially on Thailand, and general corporate purposes.
  • It is anticipated that an onshore Thailand licensing round will be announced within the first quarter of 2024.

OROCO CLOSES NON-BROKERED PRIVATE PLACEMENT

Retrieved on: 
Tuesday, January 16, 2024
Private, ATM, Mining, Prospectus, Sale, OTC, TSX Venture Exchange, Multilateral, Exercise, OCO, Security (finance)

Vancouver, Canada, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce the closing of a non-brokered private placement (the “Private Placement”) raising gross proceeds of $1,454,302.80 through the sale of 3,635,757 units at a price of $0.40 per unit.

Key Points: 
  • Vancouver, Canada, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Oroco Resource Corp. (TSX-V: OCO, OTC: ORRCF) (“Oroco” or “the Company”) is pleased to announce the closing of a non-brokered private placement (the “Private Placement”) raising gross proceeds of $1,454,302.80 through the sale of 3,635,757 units at a price of $0.40 per unit.
  • The Company will pay 73,000 common shares in finder’s fees (the “Finders Fee Shares”) to an agent in connection with the Private Placement.
  • The Company will use the proceeds of the Private Placement for working capital and corporate overhead.
  • The Private Placement was carried out pursuant to prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange.

WEST MINING ISSUES STOCK OPTIONS AND RSUS

Retrieved on: 
Tuesday, January 16, 2024
Multilateral, OTC, Consultant

Vancouver, BC, Jan. 15, 2024 (GLOBE NEWSWIRE) -- West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) announces that it has issued an aggregate of 550,000 stock options to consultants to the Company and an aggregate of 100,000 restricted share units (each, an “RSU”) to certain directors and officers of the Company.

Key Points: 
  • Vancouver, BC, Jan. 15, 2024 (GLOBE NEWSWIRE) -- West Mining Corp. (“West” or the “Company”) (CSE: WEST) (OTC: WESMF) announces that it has issued an aggregate of 550,000 stock options to consultants to the Company and an aggregate of 100,000 restricted share units (each, an “RSU”) to certain directors and officers of the Company.
  • The stock options and the RSUs vest immediately.
  • The stock options, the RSUs and any common shares issuable thereunder are subject to a four month hold period in accordance with the policies of the Canadian Securities Exchange.
  • The issuance of the RSUs is considered to be a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”).