Multilateral

DIRTT Announces Closing of Rights Offering

Retrieved on: 
Tuesday, January 9, 2024
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CALGARY, Alberta, Jan. 09, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today the successful completion of its previously announced rights offering to its common shareholders for aggregate gross proceeds of C$30,000,000 (the “Rights Offering”).

Key Points: 
  • CALGARY, Alberta, Jan. 09, 2024 (GLOBE NEWSWIRE) -- DIRTT Environmental Solutions Ltd. (“DIRTT” or the “Company”) (TSX: DRT; OTC: DRTTF), a leader in industrialized construction, announced today the successful completion of its previously announced rights offering to its common shareholders for aggregate gross proceeds of C$30,000,000 (the “Rights Offering”).
  • Under the Rights Offering, DIRTT issued 85,714,285 common shares of the Company (“Common Shares”) at a price of C$0.35 per whole Common Share for aggregate gross proceeds of C$30,000,000.
  • To the knowledge of the Company, after reasonable inquiry, no person that was not an insider of DIRTT before the Rights Offering became an insider as a result of the distribution of Common Shares under the Rights Offering.
  • As of the closing date of the Rights Offering, there were 191,091,952 Common Shares issued and outstanding.

BIOVAXYS ANNOUNCES PLANNED PRIVATE PLACEMENT AND DEBT SETTLEMENT

Retrieved on: 
Monday, January 8, 2024
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VANCOUVER, BC, Jan. 8, 2024 /PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV, FRA: 5LB, OTCQB: BVAXF) ("BioVaxys" or the "Company") announces that it intends to complete a non-brokered private placement (the "Private Placement") consisting of up to 53,333,333 units ("Units") at a price of $0.03 per Unit for total gross proceeds of CAD$1,600,000.

Key Points: 
  • VANCOUVER, BC, Jan. 8, 2024 /PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV, FRA: 5LB, OTCQB: BVAXF) ("BioVaxys" or the "Company") announces that it intends to complete a non-brokered private placement (the "Private Placement") consisting of up to 53,333,333 units ("Units") at a price of $0.03 per Unit for total gross proceeds of CAD$1,600,000.
  • Each Warrant is exercisable for one additional Common Share at an exercise price of $0.05 for a period of 24 months.
  • All securities issued pursuant to the Private Placement are subject to a statutory hold period of four months and one day from the date of issuance.
  • Closing of the Debt Settlement is conditional upon a number of conditions, including finalizing all contractual documentation and receipt of all applicable regulatory approvals and the policies of the CSE.

BIOVAXYS ANNOUNCES PLANNED PRIVATE PLACEMENT AND DEBT SETTLEMENT

Retrieved on: 
Monday, January 8, 2024
Private, Debt settlement, Sale, Indian stock exchange, Acquisition, CAD, FRA, Multilateral, Legislation, OTCQB, Unit, Minority, Policy, Security (finance)

VANCOUVER, BC, Jan. 8, 2024 /PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV, FRA: 5LB, OTCQB: BVAXF) ("BioVaxys" or the "Company") announces that it intends to complete a non-brokered private placement (the "Private Placement") consisting of up to 53,333,333 units ("Units") at a price of $0.03 per Unit for total gross proceeds of CAD$1,600,000.

Key Points: 
  • VANCOUVER, BC, Jan. 8, 2024 /PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV, FRA: 5LB, OTCQB: BVAXF) ("BioVaxys" or the "Company") announces that it intends to complete a non-brokered private placement (the "Private Placement") consisting of up to 53,333,333 units ("Units") at a price of $0.03 per Unit for total gross proceeds of CAD$1,600,000.
  • Each Warrant is exercisable for one additional Common Share at an exercise price of $0.05 for a period of 24 months.
  • All securities issued pursuant to the Private Placement are subject to a statutory hold period of four months and one day from the date of issuance.
  • Closing of the Debt Settlement is conditional upon a number of conditions, including finalizing all contractual documentation and receipt of all applicable regulatory approvals and the policies of the CSE.

NevGold Announces Closing of Upsized C$1.5M Non-Brokered Private Placement Financing And Further Upsizes Offering To C$2.0M

Retrieved on: 
Friday, January 5, 2024
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The financing proceeds will focus on some high-potential opportunities at Nutmeg Mountain and in the surrounding Hercules Copper District, both in Washington County, Idaho.

Key Points: 
  • The financing proceeds will focus on some high-potential opportunities at Nutmeg Mountain and in the surrounding Hercules Copper District, both in Washington County, Idaho.
  • We are looking forward to commencing field work, which will lead to an active 1H-2024.
  • Brandon Bonifacio and Giulio Bonifacio (the "Insiders") have purchased an aggregate of 468,750 Common Shares under the initial tranche of the Offering.
  • For further information, please contact Brandon Bonifacio at [email protected], call 604-337-4997, or visit our website at www.nev-gold.com .

Cielo Advances Carseland Project With Closing of Non-Brokered Private Placement of Flow-Through Shares

Retrieved on: 
Wednesday, January 3, 2024
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CALGARY, Alberta, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV: CMC; OTC: CWSFF) (“Cielo” or the “Company”), an environmental technology company targeting sustainable fuel production using wood waste such as hardwood railway ties, is pleased to announce that they have secured funding for the next stage of engineering development of the Carseland Project through the closing of its previously announced non-brokered flow-through private placement (the “Private Placement”).

Key Points: 
  • Under the Private Placement, Cielo issued a total of 16,750,000 flow-through shares (the "FT Shares") at a price of $0.04 per FT Share for aggregate gross proceeds of $670,000.
  • Certain insiders of the Company, including CEO Ryan Jackson and CFO Jasdeep K. Dhaliwal, participated in the Private Placement for a total of $410,000.
  • In addition, Steve Kresnyak P.Eng, EVP and Chief Technology Officer of Expander, invested $200,000 under the Private Placement.
  • As noted, certain insiders of the Company participated in the Private Placement and acquired an aggregate of 10,250,000 FT Shares.

Lancaster Resources Announces Spin-Off Agreement with Subsidiary and Record Date

Retrieved on: 
Wednesday, January 3, 2024
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VANCOUVER, British Columbia, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (the “Company”) announces entry into a Spin-Off Agreement with Lancaster’s wholly owned subsidiary Nelson Lake Copper Corp. (“Nelson Lake”) to spin off a majority of its interest in Nelson Lake Copper to Lancaster Resources shareholders.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 03, 2024 (GLOBE NEWSWIRE) -- Lancaster Resources Inc. (CSE:LCR | OTCQB:LANRF | FRA:6UF0) (the “Company”) announces entry into a Spin-Off Agreement with Lancaster’s wholly owned subsidiary Nelson Lake Copper Corp. (“Nelson Lake”) to spin off a majority of its interest in Nelson Lake Copper to Lancaster Resources shareholders.
  • The record date to determine voting rights and the rights to receive Dividend Shares is January 9, 2024 (the “Record Date”).
  • The spin-off transaction will not affect the shareholdings of Lancaster common shares and there will be no change in the corporate structure of Lancaster.
  • Lancaster Shareholders holding shares as of the Record Date will receive shares in Nelson Lake Copper Corp. in addition to shares held in Lancaster Resources.

ARCPOINT ANNOUNCES US$1.6 MILLION NON-BROKERED PRIVATE PLACEMENT

Retrieved on: 
Wednesday, January 3, 2024
TSX Venture Exchange, Sale, Multilateral, ARC, Minority, Offering

Greenville, South Carolina, Jan. 02, 2024 (GLOBE NEWSWIRE) -- ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) is pleased to announce that it intends to complete a non-brokered private placement to raise gross proceeds of up to US$1,600,000 (the “Offering”) through the sale of up to 16,000,000 subordinate voting shares of the Company (each, a “Share”) at US$0.10 per Share.

Key Points: 
  • For Immediate Release – Not for Dissemination in the United States or through U.S. Newswire Services
    Greenville, South Carolina, Jan. 02, 2024 (GLOBE NEWSWIRE) -- ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) is pleased to announce that it intends to complete a non-brokered private placement to raise gross proceeds of up to US$1,600,000 (the “Offering”) through the sale of up to 16,000,000 subordinate voting shares of the Company (each, a “Share”) at US$0.10 per Share.
  • The net proceeds from the Offering will be used for operational expenses and other general corporate purposes.
  • The Offering is subject to all necessary regulatory approvals including acceptance from the TSX Venture Exchange.
  • All securities issued in connection with the Offering will be subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

Interfield Global Software Inc. Announces Further Closing of Private Placement Financing

Retrieved on: 
Tuesday, January 2, 2024
NEO, Sale, NOT, WIRE, Multilateral, NEWS, Warrant, Prospectus, Minority, Exercise, Offering

VANCOUVER, British Columbia, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (NEO: IFSS) (the “Company”) announces a further closing (“Second Tranche”) of its previously announced non-brokered private placement financing (the "Offering"). The Offering consists of up to 8,000,000 units of the Company (the "Units") at a price of $0.25 per Unit, for aggregate gross proceeds of up to $2,000,000 subject to increase at the discretion of the board of directors of the Company.

Key Points: 
  • ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW
    VANCOUVER, British Columbia, Jan. 02, 2024 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (NEO: IFSS) (the “Company”) announces a further closing (“Second Tranche”) of its previously announced non-brokered private placement financing (the "Offering").
  • Closing of one or more further tranches are anticipated, with final completion expected to occur on or about January 22, 2024.
  • The Offering is subject to receipt of all applicable regulatory approvals, including the approval of Neo Exchange Inc.
  • The Offering will be completed pursuant to the accredited investor exemption from the prospectus requirements under applicable Canadian securities laws.

ARHT Media Inc. Issues Shares Related to Semi-Annual Interest Payment on Secured Subordinated Debentures

Retrieved on: 
Tuesday, January 2, 2024
Debt settlement, TSX Venture Exchange, Indian stock exchange, Person, Market, Multilateral, ART, Legislation, Debt, OTCQB, Minority, Security (finance)

Under the terms of the Debentures, the interest payable to the holders of Debentures is payable in Common Shares at a price per Common Share equal to the Market Price on December 29, 2023.

Key Points: 
  • Under the terms of the Debentures, the interest payable to the holders of Debentures is payable in Common Shares at a price per Common Share equal to the Market Price on December 29, 2023.
  • All Common Shares issued in connection with the Debt Settlement are subject to a hold period of 4 months plus a day from the issuance and the resale rules of applicable securities legislation.
  • Certain directors, officers and other insiders of the Company acquired direction and control over a total of 537,905 Common Shares under the Debt Settlement.
  • The participation of those persons in the Debt Settlement constitutes a “related party transaction” within the meaning of Multilateral Instrument 61‑101 ‑Protection of Minority Security Holders in Special Transactions (“MI 61‑101”).

First Phosphate Closes Second Tranche of Oversubscribed Private Placement for Total Current Financing of $7.5 Million

Retrieved on: 
Tuesday, January 2, 2024
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The offering including the Second Tranche were largely oversubscribed by a factor of 275%.

Key Points: 
  • The offering including the Second Tranche were largely oversubscribed by a factor of 275%.
  • In our experience, proximity to port and access to infrastructure and workforce are the single largest determinants for the economic viability of any phosphate project.
  • We feel that it will become the first phosphate mine to see production in Quebec.
  • A potential final tranche of the financing is scheduled for closing on or about January 10, 2024.