Finance Secretary (India)

Global Crossing Airlines Announces Closing of Issuance of Additional Notes

Retrieved on: 
Friday, December 22, 2023

MIAMI, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to announce the closing of the placement of an additional US$5 million of Senior Secured Notes due 2029 (the “Financing”) with a fund managed by Axar Capital Management LP and its affiliates (the “Investor”), a value-oriented alternative investment firm with over US$2.3 billion in assets under management.

Key Points: 
  • MIAMI, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Global Crossing Airlines Group, Inc. (JET: NEO; JET.B: NEO; JETMF: OTCQB) (the “Company” or “GlobalX”) is pleased to announce the closing of the placement of an additional US$5 million of Senior Secured Notes due 2029 (the “Financing”) with a fund managed by Axar Capital Management LP and its affiliates (the “Investor”), a value-oriented alternative investment firm with over US$2.3 billion in assets under management.
  • These notes are the same series as the US$35 million of Senior Secured Notes due 2029 (the “August 2023 Notes”) that were issued on August 2, 2023.
  • The Financing consisted of the sale of US$5 million of Senior Secured Notes (the “Notes”) and accompanying warrants to purchase the Company’s common stock.
  • This news release does not constitute an offer of securities for sale in the United States.

Guardian Capital Announces ETF Closures

Retrieved on: 
Friday, December 22, 2023

TORONTO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP (the “Manager”) today announced that it will terminate Guardian Fundamental All Country Equity ETF (TSX: GGAC) and Guardian Fundamental Emerging Markets Equity ETF (TSX: GGEM) (together, the “ETFs”) effective on or about March 15, 2024 (the “Termination Date”).

Key Points: 
  • TORONTO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Guardian Capital LP (the “Manager”) today announced that it will terminate Guardian Fundamental All Country Equity ETF (TSX: GGAC) and Guardian Fundamental Emerging Markets Equity ETF (TSX: GGEM) (together, the “ETFs”) effective on or about March 15, 2024 (the “Termination Date”).
  • Unitholders may continue to buy or sell units of an ETF on any stock exchange on which the ETF is traded until the units are delisted.
  • Further details of the terminations will be mailed to unitholders of each ETF at least 60 days prior to the Termination Date.
  • For further information regarding the Guardian Capital ETFs, please visit www.guardiancapital.com/investmentsolutions.

Purpose Investments Inc. Announces Termination of Black Diamond Global Equity Fund, Black Diamond Global Enhanced Income Fund And Black Diamond Impact Core Equity Fund

Retrieved on: 
Tuesday, December 19, 2023

TORONTO, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”), in its capacity as manager and trustee of Black Diamond Global Equity Fund (TSX: BDEQ), Black Diamond Impact Core Equity Fund (TSX: BDIC) and Black Diamond Global Enhanced Income Fund (collectively, the “Funds” and each, a “Fund”), announced today that it will terminate each Fund and will redeem all of the issued and outstanding Class A units, Class F units and Class I units of each Fund, the ETF units of Black Diamond Global Equity Fund and Black Diamond Impact Core Equity Fund and the Class TA3 units and Class TF3 units of Black Diamond Global Equity Fund (collectively, the “Units”), all in accordance with applicable securities law and the terms of the Funds’ amended and restated declaration of trust.

Key Points: 
  • TORONTO, Dec. 19, 2023 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”), in its capacity as manager and trustee of Black Diamond Global Equity Fund (TSX: BDEQ), Black Diamond Impact Core Equity Fund (TSX: BDIC) and Black Diamond Global Enhanced Income Fund (collectively, the “Funds” and each, a “Fund”), announced today that it will terminate each Fund and will redeem all of the issued and outstanding Class A units, Class F units and Class I units of each Fund, the ETF units of Black Diamond Global Equity Fund and Black Diamond Impact Core Equity Fund and the Class TA3 units and Class TF3 units of Black Diamond Global Equity Fund (collectively, the “Units”), all in accordance with applicable securities law and the terms of the Funds’ amended and restated declaration of trust.
  • It is also anticipated that the ETF units of Black Diamond Global Equity Fund and Black Diamond Impact Core Equity Fund will be voluntarily delisted from the Toronto Stock Exchange (the “TSX”) on or about February 14, 2024 at the close (the “Delisting Date”).
  • Black Diamond Asset Management Inc., located in Toronto, Ontario, is the sub-advisor of each Fund.
  • Holders of ETF units of Black Diamond Global Equity Fund and Black Diamond Impact Core Equity Fund may continue to trade such Units on the TSX until the Delisting Date.

Nine Mile Metals Completes Convertible Loan Financing

Retrieved on: 
Friday, December 15, 2023

VANCOUVER, British Columbia, Dec. 15, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), discloses that it has closed its convertible loan financing for a total of $201,000 (the “Loans”).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 15, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), discloses that it has closed its convertible loan financing for a total of $201,000 (the “Loans”).
  • The Convertible Loans have a term of 12 months from the closing (the “Maturity Date”) and bear interest at 15 per cent per annum, calculated and payable on the Maturity Date.
  • Convertible Loan proceeds will be used for advancing the bulk sample program on the Nine Mile Brook project and general working capital.
  • $10,400 in cash and 104,000 Warrants were received by Research Capital Corporation as a Finder’s Fee for the Convertible Loan.

WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date

Retrieved on: 
Thursday, December 14, 2023

In connection therewith, on December 13, 2023, the Company issued an unsecured non-interest-bearing promissory note to the Sponsor with a principal amount equal to $330,000.

Key Points: 
  • In connection therewith, on December 13, 2023, the Company issued an unsecured non-interest-bearing promissory note to the Sponsor with a principal amount equal to $330,000.
  • At the special meeting, the Company’s stockholders also voted in favor of a proposal to effect a corresponding amendment to the Investment Management Trust Agreement by and between the Company and Continental Stock Transfer & Trust Co. (the “Trustee”) to extend the date on which the Trustee must liquidate the Trust Account from December 17, 2023 to January 17, 2024, and to allow the Company, without another stockholder vote, to elect to further extend the liquidation date on a monthly basis for up to five times from January 17, 2024 to June 17, 2024.
  • Following the Special Meeting, the Sponsor notified the Company of its request to extend the Termination Date, and on December 13, 2023, the Sponsor deposited into the Trust Account an aggregate of $55,000 (representing approximately $0.048 per share of common stock issued in the Company’s initial public offering that has not been redeemed), in order to extend the period of time the Company has to complete an initial business combination for an additional one (1) month period, from December 17, 2023 to January 17, 2024.
  • The purpose of the extension is to provide time for the Company to complete an initial business combination.

Global Helium Corp. Announces Closing of Second Tranche of Private Placement

Retrieved on: 
Friday, December 8, 2023

CALGARY, Alberta, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to confirm the closing of a second tranche of its previously announced non-brokered private placement offering, raising aggregate gross proceeds of approximately CAD$405,000 (the "Offering").

Key Points: 
  • CALGARY, Alberta, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Global Helium Corp. ("HECO" or the "Company") (CSE: HECO, OTC: HECOF) is pleased to confirm the closing of a second tranche of its previously announced non-brokered private placement offering, raising aggregate gross proceeds of approximately CAD$405,000 (the "Offering").
  • Each Preferred Share is convertible into units of the Company (“Units”) or common shares in the capital of the Company (“Common Shares”) subject to the date of conversion.
  • Each Unit consists of one Common Share and one-half of one Common Share purchase warrant (each whole purchase warrant, a “Warrant”).
  • Any accrued but unpaid dividends as at the date of Accelerated Conversion or Maturity Conversion will be paid in cash.

Thunder Bridge Capital Partners III, Inc. Announces its Intention to Liquidate

Retrieved on: 
Thursday, December 7, 2023

There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.

Key Points: 
  • There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
  • All other costs and expenses associated with implementing the Dissolution will be funded from proceeds held outside of the Trust Account.
  • Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the Redemption Amount.
  • The Redemption Amount is expected to be paid out within ten business days of December 11, 2023.

InterPrivate III Financial Partners Inc. Announces Redemption of Shares

Retrieved on: 
Wednesday, December 6, 2023

The proceeds of the trust account will be held in a non-interest bearing account while awaiting disbursement to the holders of the Public Shares.

Key Points: 
  • The proceeds of the trust account will be held in a non-interest bearing account while awaiting disbursement to the holders of the Public Shares.
  • Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the redemption amount.
  • The redemption of the Public Shares is expected to be completed within ten business days after December 21, 2023.
  • All statements other than statements of historical fact included in this press release are forward-looking statements, including, without limitation, the redemption of the Public Shares and the per-share redemption price.

Nine Mile Metals Announces Further Updates to Convertible Loan Financing

Retrieved on: 
Tuesday, December 5, 2023

VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), discloses that it will amend the proposed unsecured convertible loan financing that it announced in the Company’s news releases on November 21 and 27, 2023, (the “Convertible Loan”).

Key Points: 
  • VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- NINE MILE METALS LTD. (CSE: NINE, OTCQB: VMSXF, FSE: KQ9) (the “Company” or “Nine Mile”), discloses that it will amend the proposed unsecured convertible loan financing that it announced in the Company’s news releases on November 21 and 27, 2023, (the “Convertible Loan”).
  • Convertible Loan proceeds will be used for advancing the bulk sample program on the Nine Mile Brook project and general working capital.
  • The updates to the Convertible Loan financing are that proceeds will be up to $250,000 and it will be the choice of each lender whether to convert the amount owing on the Maturity Date into Units.
  • The terms of the Convertible Loan are subject to acceptance by the CSE.

Seaport Global Acquisition II Corp Announces Final Value for Redemption of Public Shares

Retrieved on: 
Friday, December 1, 2023

NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Seaport Global Acquisition II Corp. (Nasdaq: SGII) (the “Company”), a special purpose acquisition company, today announced the final per share redemption value for its Class A redeemable shares.

Key Points: 
  • NEW YORK, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Seaport Global Acquisition II Corp. (Nasdaq: SGII) (the “Company”), a special purpose acquisition company, today announced the final per share redemption value for its Class A redeemable shares.
  • As of the open of business on Monday, December 4, 2023, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount.
  • Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the redemption amount.
  • The redemption of the Public Shares is expected to be completed on or about December 6, 2023.