Agreement

CryptoBlox Signs Share Purchase Agreement to Acquire Blockchain Fintech

Retrieved on: 
Tuesday, March 5, 2024
License, News, Canadian Securities Exchange, Acquisition, Letter, Digital asset, Indian stock exchange, Blockchain, Agreement, Partnership, Cryptocurrency

Vancouver, B.C., March 05, 2024 (GLOBE NEWSWIRE) -- CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX) is pleased to announce that it has entered into a share purchase agreement, dated effective March 4, 2024 (the “Agreement”), to acquire (the “Acquisition”) Blockchain Fintech Unipessoal LDA (“Blockchain Fintech”), a Portuguese corporation that develops blockchain-based financial technologies that help onboard “average users” to the blockchain economy. Pursuant to the Agreement, the Company will acquire 100% of the outstanding shares of Blockchain Fintech for 20,000,000 common shares of the Company, having a deemed value of $11,000,000.

Key Points: 
  • Vancouver, B.C., March 05, 2024 (GLOBE NEWSWIRE) -- CryptoBlox Technologies Inc. (the “Company” or “CryptoBlox”) (CSE: BLOX) is pleased to announce that it has entered into a share purchase agreement, dated effective March 4, 2024 (the “Agreement”), to acquire (the “Acquisition”) Blockchain Fintech Unipessoal LDA (“Blockchain Fintech”), a Portuguese corporation that develops blockchain-based financial technologies that help onboard “average users” to the blockchain economy.
  • Pursuant to the Agreement, the Company will acquire 100% of the outstanding shares of Blockchain Fintech for 20,000,000 common shares of the Company, having a deemed value of $11,000,000.
  • On September 28, 2023, the Company announced the execution of a letter of intent with Blockchain Fintech, which contemplated a strategic partnership in which CryptoBlox would acquire the rights to Blockchain Fintech’s digital asset license then under development (the “License”).
  • Through Blockchain Fintech, the Company intends to build and launch structured digital asset products and blockchain payments services within Portugal and eventually other jurisdictions.

Covalent Media Systems, LLC and Launch Cart, Inc. Announce Strategic Joint Marketing Agreement

Retrieved on: 
Tuesday, March 5, 2024
AI, Advertising, Business, Covalent bond, E-commerce, Agreement, Partnership, Online shopping

ESCONDIDO, CA, March 05, 2024 (GLOBE NEWSWIRE) -- Covalent Media Systems, LLC ("Covalent"), a leading proprietary AI ecosystem platform, and Launch Cart, Inc. ("Launch Cart"), a top innovator in eCommerce and digital marketing solutions, are thrilled to announce a Joint Marketing Agreement effective as of February 20, 2024.

Key Points: 
  • ESCONDIDO, CA, March 05, 2024 (GLOBE NEWSWIRE) -- Covalent Media Systems, LLC ("Covalent"), a leading proprietary AI ecosystem platform, and Launch Cart, Inc. ("Launch Cart"), a top innovator in eCommerce and digital marketing solutions, are thrilled to announce a Joint Marketing Agreement effective as of February 20, 2024.
  • This venture will leverage both companies' strengths to provide forward-thinking solutions in the global media, data, advertising, and entertainment markets.
  • Under this agreement, Covalent and Launch Cart will coordinate joint sales and marketing activities to offer their respective customer bases more comprehensive services.
  • Greg Writer, CEO of Launch Cart, Inc., commented, "Collaborating with Covalent Media Systems is an exciting opportunity for Launch Cart.

Probe Gold Announces Acquisition of the Beaufor and McKenzie Break Properties in Val-d’Or, Quebec

Retrieved on: 
Monday, March 4, 2024
Acquisition, PRB, Property, TSX, Toronto Stock Exchange, The McKenzie Break, Val-d'Or, The, Gold, Report, GOLD, Agreement, Superior court

TORONTO, March 04, 2024 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce that it has entered into a definitive purchase agreement (the “Agreement”) with Monarch Mining Corporation (“Monarch”), pursuant to which Probe has agreed to acquire a 100% interest in the McKenzie Break and Beaufor properties (collectively, the “Property”). The Property acquisition will extend the Company’s land package adjacent and immediately to the north of the Company’s Novador Project (“Novador”) (see figure 1) and will increase Probe’s landholdings in Val-d’Or to 685 square kilometres. The closing of the transaction is expected to occur in the coming weeks and is contingent upon receipt of all necessary court, regulatory and other approvals, including approval of the Superior Court of Quebec in the Companies’ Creditors Arrangement Act proceedings of Monarch, of the Toronto Stock Exchange (“TSX”), and the satisfaction of other closing conditions.

Key Points: 
  • Upon closing of the transaction, Probe will own all of the Courvan Gold Trend, which includes the Courvan, Senore and Beaufor deposits.
  • The McKenzie Break Property is proximal to the Company's Novador Project and hosts a current, higher-grade indicated gold resource of 146,000 ounces of gold at 3.2 g/t, with an inferred mineral resource of 250,600 ounces of gold at 3.1 g/t.
  • David Palmer, President and CEO of Probe, states: “The tuck-in acquisition of the Beaufor and McKenzie Break properties is a strategic fit with our current development model in Val-d'Or.
  • The McKenzie Break property is within trucking distance of Novador and hosts higher-grade gold resources with tremendous exploration upside.

Whitecap Resources pleads guilty to charge laid by the AER

Retrieved on: 
Thursday, February 29, 2024
AB, Hospital, Court, Ministry of Energy (Alberta), Agreement, AER, City, Government, Environmental protection, Whitecaps, Government of Alberta, Justice, Oil

CALGARY, AB, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Whitecap Resources Inc., has pled guilty in provincial court to a charge laid against it by the Alberta Energy Regulator (AER) on June 15, 2023.

Key Points: 
  • CALGARY, AB, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Whitecap Resources Inc., has pled guilty in provincial court to a charge laid against it by the Alberta Energy Regulator (AER) on June 15, 2023.
  • The charge is related to a release of hydrogen sulphide ("H2S") from a gas well operated by Whitecap located near Didsbury, Alberta on June 20, 2021, contrary to section 109(2) of the Environmental Protection and Enhancement Act.
  • Visit the AER Compliance Dashboard to see the Agreed Statement of Facts .
  • The AER will publish one or more requests for proposals using established Government of Alberta practices and oversee the creative sentencing project on behalf of the Alberta Court of Justice.

Locafy Announces Partnership Agreement with diDNA to Enhance Digital Property Portfolio with Leading Advertising Technology

Retrieved on: 
Thursday, February 29, 2024
Acquisition, Multimedia, Marketing, Partnership, Growth, Publishing, Advertising, Ecosystem, Pink Pages, Logic, Agreement, Software, Retail

Under the terms of the Agreement, diDNA will provide advertising technology and services to help Locafy enhance its digital property portfolio.

Key Points: 
  • Under the terms of the Agreement, diDNA will provide advertising technology and services to help Locafy enhance its digital property portfolio.
  • Also, diDNA has agreed to promote Locafy’s Article Accelerator technology (“Article Accelerator”) to its sizeable publisher client network.
  • “diDNA is an established name in the advertising, technology, multimedia, and publishing industries, with specific software and strategies to unlock publisher advertising revenue,” said Locafy CEO, Gavin Burnett.
  • “We believe that this agreement will accelerate our work to drive revenue from the digital properties in our portfolio.

Global Healthcare Leader Selects Kneat

Retrieved on: 
Wednesday, February 28, 2024
KSI, OTC, TSX, Nursing care plan, Agreement

LIMERICK, Ireland, Feb. 28, 2024 (GLOBE NEWSWIRE) -- kneat.com, inc. (TSX: KSI) (OTC: KSIOF), a leader in digitizing and automating validation and quality processes, is pleased to announce that it has signed a Master Services Agreement with a global provider of critical care products.

Key Points: 
  • LIMERICK, Ireland, Feb. 28, 2024 (GLOBE NEWSWIRE) -- kneat.com, inc. (TSX: KSI) (OTC: KSIOF), a leader in digitizing and automating validation and quality processes, is pleased to announce that it has signed a Master Services Agreement with a global provider of critical care products.
  • The Agreement, which initially is for Equipment Validation, allows the company to scale Kneat to all its global validation processes.
  • “This top-tier healthcare win continues to highlight the growing power and appeal of the Kneat brand with industry leaders,” stated Eddie Ryan, Chief Executive Officer of Kneat.
  • “Kneat has built a customer-centric, high-quality software platform that has proved time and again to generate value for companies across the Life Sciences industry.”

SP Plus Corporation Announces Fourth Quarter and Full-Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024
Acquisition, Sphere, SP, Plan, Metropolis, Investment, Second request, Growth, Disclosure, GAAP, DOJ, EPS, G&A, Agreement, Depreciation, Video game

CHICAGO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- SP® Plus Corporation (Nasdaq:SP), a best-in-class technology and operations management provider of mobility services for aviation, commercial, hospitality, and institutional clients throughout North America and Europe, today announced its fourth quarter and full year 2023 results.

Key Points: 
  • Fourth quarter 2023 reported general and administrative (“G&A”) expenses were $40.4 million, compared to $30.7 million in the year ago quarter.
  • Fourth quarter 2023 reported net income attributable to SP Plus was $1.2 million, or $0.06 per diluted share, compared to $4.8 million, or $0.24 per diluted share in the year ago quarter.
  • Fourth quarter 2023 adjusted earnings per share were $0.60, compared to adjusted earnings per share of $0.56 for the fourth quarter of 2022.
  • In light of the pending acquisition by Metropolis Technologies, Inc., and as is customary during such transactions, SP+ will not host an earnings conference call for its fourth quarter 2023 results.

Golconda Gold Announces Closing of Gold Streaming Transaction for Its Galaxy Project

Retrieved on: 
Tuesday, February 27, 2024
Investment, TPM, Mining, Sale, EMPR, Gold, PEA, Princeton University, Summit, Agreement, Uranium mining

Golconda Gold, its subsidiary Galaxy Gold Reefs (Pty) Ltd., and certain of its affiliates, entered into a metal purchase and sale agreement dated November 21, 2023 (the “Agreement”) with Empress for payable gold production from the Galaxy mine in South Africa.

Key Points: 
  • Golconda Gold, its subsidiary Galaxy Gold Reefs (Pty) Ltd., and certain of its affiliates, entered into a metal purchase and sale agreement dated November 21, 2023 (the “Agreement”) with Empress for payable gold production from the Galaxy mine in South Africa.
  • Pursuant to the terms of the Agreement, Empress has made an up-front cash payment totalling US$5 million (the “Investment”) for payable gold produced from the Galaxy mine.
  • The purchase price for the payable gold delivered pursuant to the Agreement is 20% of the gold spot price.
  • There are also extensive tailings around the Galaxy mine site which Golconda Gold intends to use to supplement production.

Riot Purchases 31,500 Miners From MicroBT to Enhance and Expand Self-Mining Operations at Its Rockdale Facility

Retrieved on: 
Tuesday, February 27, 2024
Bitcoin, Mining, LTD, Tax, Miner, Agreement, Partnership, Cryptocurrency

CASTLE ROCK, Colo., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Riot Platforms, Inc. (NASDAQ: RIOT) (“Riot” or “the Company”), an industry leader in vertically integrated Bitcoin (“BTC”) mining, announced today that it has entered into a new purchase agreement (the “Agreement”) with Shenzhen MicroBT Electronics Technology Co., LTD, through its manufacturing subsidiaries, (“MicroBT”) a prominent manufacturer of Bitcoin miners. Under the Agreement, Riot has purchased 31,500 next-generation M60S miners from MicroBT for a total consideration of $97.4 million (exclusive of applicable taxes and fees and adjustments), reflecting a rate of $16.50 per TH. From this new order, 14,500 miners are set to be deployed in available capacity at the Rockdale Facility. The remaining approximately 17,000 miners from this order will replace underperforming machines at the Rockdale Facility.

Key Points: 
  • Riot strengthens its self-mining operations by purchasing 31,500 WhatsMiner M60S miners from MicroBT.
  • From this new order, 14,500 miners are set to be deployed in available capacity at the Rockdale Facility.
  • The remaining approximately 17,000 miners from this order will replace underperforming machines at the Rockdale Facility.
  • "The MicroBT team is excited to continue growing our partnership with Riot with this new order of miners for its Rockdale Facility,” said Jordan Chen, COO of MicroBT.

Benuvia Operations, LLC and Chromocell Therapeutics Corp. Announce Strategic Partnership to Advance Healthcare Solutions

Retrieved on: 
Tuesday, February 27, 2024
Therapy, CHRO, FDA, Quality of life, Pain, Organization, Health, Patient, Agreement, Partnership, Pharmaceutical industry

Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Benuvia Operations, LLC (“Benuvia”), a leader in pharmaceutical innovation, and Chromocell Therapeutics Corp. (“Chromocell”), (NYSE American: CHRO), a pioneer in the development of non-opioid pain treatment therapeutics, are pleased to announce Chromocell’s first Development and License Agreement (“Agreement”).

Key Points: 
  • Texas, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Benuvia Operations, LLC (“Benuvia”), a leader in pharmaceutical innovation, and Chromocell Therapeutics Corp. (“Chromocell”), (NYSE American: CHRO), a pioneer in the development of non-opioid pain treatment therapeutics, are pleased to announce Chromocell’s first Development and License Agreement (“Agreement”).
  • This strategic alliance underscores both Benuvia and Chromocell’s commitment to advancing healthcare through innovative research, development, and commercialization efforts.
  • "We are excited to partner with Chromocell, a company that shares our passion for innovation and our commitment to improving patient outcomes," said Darwin Richardson, CEO of Benuvia Operations LLC.
  • "This partnership will leverage our combined expertise to accelerate the development of potentially groundbreaking therapies, aimed at marking a new era in healthcare solutions."