Beedi

VIQ Solutions Closes Oversubscribed Private Placement Financing

Retrieved on: 
Tuesday, February 27, 2024

VIQ Solutions Inc. (“VIQ”, “VIQ Solutions” or the “Company”) (TSX: VQS) today announces that it has closed a non-brokered private placement of 10,239,000 common shares of the Company (collectively, the “Common Shares”) at a price per Common Share of C$0.158 for aggregate gross proceeds of C$1,617,762.00 (the “Offering”).

Key Points: 
  • VIQ Solutions Inc. (“VIQ”, “VIQ Solutions” or the “Company”) (TSX: VQS) today announces that it has closed a non-brokered private placement of 10,239,000 common shares of the Company (collectively, the “Common Shares”) at a price per Common Share of C$0.158 for aggregate gross proceeds of C$1,617,762.00 (the “Offering”).
  • VIQ intends to use the net proceeds from the Offering for working capital and general corporate purposes.
  • The Common Shares will be subject to a statutory hold period or restricted period in Canada of four months and one day following the closing date.
  • The purchasers of the Common Shares and the extent of such participation were not finalized until shortly prior to the completion of the Offering.

Beedie Celebrates 70 Years of being Built for Good

Retrieved on: 
Thursday, February 8, 2024

Originally named Beedie Construction, the company was founded on February 10th, 1954 by Keith Beedie, who initially focused on building single-family homes.

Key Points: 
  • Originally named Beedie Construction, the company was founded on February 10th, 1954 by Keith Beedie, who initially focused on building single-family homes.
  • And though he may have started out small, Mr. Beedie founded the company on big-picture values: uncompromising quality, outstanding service, and loyal relationships.
  • Now 70 years later, those values are still at the heart of everything Beedie does today.
  • "When he started the business, my dad was passionate about building homes that people loved to live in," says Beedie President (and Keith's son) Ryan Beedie.

NAIOP Vancouver Chapter and Bunt & Associates Engineering Unveil First-of-its-Kind Industrial Parking Study

Retrieved on: 
Wednesday, November 1, 2023

VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Today, NAIOP, Vancouver Chapter, Bunt & Associates Engineering (Bunt), unveiled a first-of-its-kind report examining the impact of parking supply rates on industrial sites across Metro Vancouver and the Fraser Valley.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Today, NAIOP, Vancouver Chapter, Bunt & Associates Engineering (Bunt), unveiled a first-of-its-kind report examining the impact of parking supply rates on industrial sites across Metro Vancouver and the Fraser Valley.
  • The Metro Vancouver/Fraser Valley Industrial Parking Study (The Study) examined more than 60 sites across Metro Vancouver and the Fraser Valley to highlight inefficiencies in existing systems and recommend optimal parking supply rates.
  • The Study is a follow-up report to a study drafted by NAIOP and the Greater Vancouver Board of Trade on the Economic Impact Study of the Critical Shortage of Industrial Land in Metro Vancouver as well as a presentation by NAIOP to Metro Vancouver on the Intensification of Industrial Lands in 2019.
  • To learn more about the Vancouver Chapter of NAIOP and Bunt & Associates Engineering, visit naiopvcr.com and bunteng.com .

Beedie Investments Ltd. Enters into an Amendment of Convertible Loan Facility with Metalla Royalty & Streaming Ltd.

Retrieved on: 
Monday, October 23, 2023

Vancouver, British Columbia--(Newsfile Corp. - October 23, 2023) - Beedie Investments Ltd. ("Beedie") has entered into a second amended and restated convertible loan agreement dated October 19, 2023 (the "Amended & Restated Loan Agreement") with Metalla Royalty & Streaming Ltd. ("Metalla"), pursuant to which the parties agreed to amend the terms of the existing convertible loan agreement (the "Company Convertible Loan") between Beedie and Metalla (the "Loan Facility"), which will become effective as of the closing of the previously-announced business combination transaction (the "Transaction") involving Metalla and Nova Royalty Corp. ("Nova").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 23, 2023) - Beedie Investments Ltd. ("Beedie") has entered into a second amended and restated convertible loan agreement dated October 19, 2023 (the "Amended & Restated Loan Agreement") with Metalla Royalty & Streaming Ltd. ("Metalla"), pursuant to which the parties agreed to amend the terms of the existing convertible loan agreement (the "Company Convertible Loan") between Beedie and Metalla (the "Loan Facility"), which will become effective as of the closing of the previously-announced business combination transaction (the "Transaction") involving Metalla and Nova Royalty Corp. ("Nova").
  • Conversion of the Subscription Receipts into Common Shares is conditional upon completion of the Transaction and certain other conditions.
  • Conversion of the Subscription Receipts into Common Shares is conditional upon completion of the Transaction and certain other conditions.
  • All of the securities held by Beedie in Metalla, including the Common Shares and the Amended & Restated Convertible Loan Agreement, are being held for investment purposes.

METALLA COMPLETES C$15 MILLION EQUITY PLACEMENT WITH BEEDIE

Retrieved on: 
Monday, October 23, 2023

VANCOUVER, BC, Oct. 23, 2023 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla") (TSXV: MTA) (NYSE American: MTA) is pleased to announce that Beedie Investments Ltd. ("Beedie") has completed funding of ‎the previously announced C$15 million equity placement ‎(the "Equity Investment"), pursuant to which Beedie subscribed for 2,835,539 subscription receipts (the "Subscription Receipts") at a price of C$5.29 per Subscription Receipt.

Key Points: 
  • VANCOUVER, BC, Oct. 23, 2023 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla") (TSXV: MTA) (NYSE American: MTA) is pleased to announce that Beedie Investments Ltd. ("Beedie") has completed funding of ‎the previously announced C$15 million equity placement ‎(the "Equity Investment"), pursuant to which Beedie subscribed for 2,835,539 subscription receipts (the "Subscription Receipts") at a price of C$5.29 per Subscription Receipt.
  • The TSX Venture Exchange has conditionally accepted for listing the Metalla Shares issuable upon conversion of the Subscription Receipts, subject to receipt of final approval.
  • The proceeds of the Equity Investment will be held in escrow pending satisfaction of the Escrow Release Conditions.
  • If the Escrow Release Conditions are satisfied on or before March 1, 2024, the escrowed funds will be released to Metalla.

METALLA SIGNS AMENDED CONVERTIBLE LOAN AGREEMENT FOR C$50 MILLION

Retrieved on: 
Thursday, October 19, 2023

VANCOUVER, BC, Oct. 19, 2023 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla") (TSXV: MTA) (NYSE American: MTA) is pleased to announce that, in connection with the plan of arrangement transaction between Metalla and Nova Royalty Corp. ("Nova")(TSXV: NOVR) announced on September 8, 2023 ("Transaction"), Metalla has signed an amended and restated convertible loan facility agreement (the "CLA") with Beedie Investments Ltd. ("Beedie"), to be effective on the closing of the Transaction.

Key Points: 
  • VANCOUVER, BC, Oct. 19, 2023 /PRNewswire/ - Metalla Royalty & Streaming Ltd. ("Metalla") (TSXV: MTA) (NYSE American: MTA) is pleased to announce that, in connection with the plan of arrangement transaction between Metalla and Nova Royalty Corp. ("Nova")(TSXV: NOVR) announced on September 8, 2023 ("Transaction"), Metalla has signed an amended and restated convertible loan facility agreement (the "CLA") with Beedie Investments Ltd. ("Beedie"), to be effective on the closing of the Transaction.
  • On September 8, 2023, concurrent with the announcement of the plan of arrangement with Nova, Metalla announced a strategic partnership with Beedie whereby Beedie will:
    amend the convertible loan agreement Beedie has with Metalla, increasing the principal amount from C$25.0 million to C$50.0 million (the "Metalla Convertible Loan");
    terminate the convertible loan agreement Beedie has with Nova (the "Nova Convertible Loan") through full repayment using the Metalla Convertible Loan; and
    Metalla and Beedie have entered into the CLA, effective as at closing of the Transaction, pursuant to which the parties agreed as follows:
    i.  to increase the loan facility from C$25.0 million to C$50.0 million;
    C$16.4 million (convertible at a conversion price of C$6.00 per common share of Metalla (each, a "Metalla Share")), to refinance the C$4.2 million principal outstanding under the Metalla Convertible Loan, and the C$12.2 million principal outstanding under the Nova Convertible Loan;
    an amount equal to the aggregate interest and fees outstanding under the Nova Convertible Loan and the existing Metalla convertible loan as at the time of the closing of the Transaction, with the amount of interest to be convertible at the market price of a Metalla Share on the TSX Venture Exchange as of the ‎date of conversion and unpaid fees shall not be convertible.
  • The accrued and unpaid interest and fees were C$2.6 million as of October 19, 2023;
    an amendment fee of approximately C$0.1 million ‎payable to Beedie; and
    iii.
  • Concurrent with the closing of the Transaction, Metalla will draw down on the Metalla Convertible Loan and pay out ‎and discharge all obligations under the Nova Convertible Loan and the facility will be ‎terminated.

Beedie Investments Limited Announces Agreement for Subsequent Advance Under Existing Convertible Facility with Think Research Corporation

Retrieved on: 
Friday, September 29, 2023

Vancouver, British Columbia--(Newsfile Corp. - September 29, 2023) - Beedie Investments Limited ("Beedie") has amended (the "Amendment") its credit agreement dated April 22, 2022 (the "Credit Agreement") with Think Research Corporation ("Think Research" or the "Company"), pursuant to which, amongst other things, Beedie has agreed to advance an additional $3 million (the "Third Advance") under the $25 million non-revolving term convertible loan facility (the "Convertible Facility") provided to Think Research pursuant to the Credit Agreement.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 29, 2023) - Beedie Investments Limited ("Beedie") has amended (the "Amendment") its credit agreement dated April 22, 2022 (the "Credit Agreement") with Think Research Corporation ("Think Research" or the "Company"), pursuant to which, amongst other things, Beedie has agreed to advance an additional $3 million (the "Third Advance") under the $25 million non-revolving term convertible loan facility (the "Convertible Facility") provided to Think Research pursuant to the Credit Agreement.
  • At any time during the term of the Convertible Facility, Beedie may elect to convert the principal amount of the Third Advance into common shares of Think Research ("Common Shares") at a conversion price of $0.3516 per Common Share, subject to adjustment in accordance with the terms of the Credit Agreement.
  • Beedie has previously advanced to Think Research $10 million (the "Initial Advance") and $3 million (the "Second Advance") under the Convertible Facility.
  • All of the securities held by Beedie in Think Research, including the Common Shares and the Credit Agreement, are being held for investment purposes.

Twice as Nice: Dunkin’ Debuts New Commercial Starring Ice Spice, Created by Ben Affleck’s Artists Equity

Retrieved on: 
Wednesday, September 13, 2023

The collaboration you never knew you needed: Pumpkin Munchkins and Frozen Dunkin’ Coffee, blended together to create the Ice Spice MUNCHKINS® Drink.

Key Points: 
  • The collaboration you never knew you needed: Pumpkin Munchkins and Frozen Dunkin’ Coffee, blended together to create the Ice Spice MUNCHKINS® Drink.
  • Ice Spice’s massive fanbase served as the muse, leading to the introduction of the Ice Spice MUNCHKINS® Drink, marking an exciting evolution in Dunkin’s beverage offerings.
  • Artists Equity served as the brand’s agency, production, and post-production company for the commercial.
  • This campaign also marks the first work for Artists Equity and Dunkin’ since formalizing their partnership following the success of their Super Bowl work.

Beedie Investments Limited Enters into a Convertible Loan with LifeSpeak Inc.

Retrieved on: 
Friday, March 31, 2023

Vancouver, British Columbia--(Newsfile Corp. - March 31, 2023) - Beedie Investments Limited (the "Beedie") has entered into a credit agreement dated March 30, 2023 (the "Credit Agreement") with LifeSpeak Inc. (the "Company") pursuant to which Beedie has agreed to loan $15 million (the "Loan") to the Company.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - March 31, 2023) - Beedie Investments Limited (the "Beedie") has entered into a credit agreement dated March 30, 2023 (the "Credit Agreement") with LifeSpeak Inc. (the "Company") pursuant to which Beedie has agreed to loan $15 million (the "Loan") to the Company.
  • The Loan will be funded by way of a single advance of $15 million (the "Advance") on the closing date (the "Closing Date").
  • Subject to the terms of the Credit Agreement, the Loan and all obligations thereunder will mature on March 30, 2026.
  • Immediately prior to entering into the Credit Agreement, Beedie, directly or indirectly, beneficially owned and controlled direction over 2,765,482 Common Shares.

LifeSpeak Inc. Announces Fourth Quarter and Fiscal 2022 Results

Retrieved on: 
Friday, March 31, 2023

Gross Margin for the fourth quarter 2022 was 92%, an increase compared to Gross Margin of 87% in the comparable period in 2021.

Key Points: 
  • Gross Margin for the fourth quarter 2022 was 92%, an increase compared to Gross Margin of 87% in the comparable period in 2021.
  • Fourth quarter 2022 Adjusted EBITDA3 of $4.8 million, an increase of $3.9 million compared to the same period in 2021.
  • Fourth quarter 2022 Adjusted EBITDA3 margin of 35%, an increase when compared to an Adjusted EBITDA3 margin of 24% in the third quarter of 2022, and 14% in the comparable period of 2021.
  • Fourth quarter 2022 net loss of $24.5 million, an increase of $17.7 million compared to the same period in 2021.