Finance Secretary (India)

Universal Copper Announces Funding of Loan Agreement

Retrieved on: 
Thursday, January 25, 2024
Finance Secretary (India), Debt, Acceleration, Loan, Creditor, Security (finance)

VANCOUVER, B.C., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Universal Copper Ltd. (“Universal Copper” or the “Company”) is pleased to announce that it has received $150,000 (the “Principal Amount”) from an arm’s length lender (the “Lender”) pursuant to the terms and conditions of a convertible loan agreement (the “Loan Agreement”) entered into between the Company and the Lender.

Key Points: 
  • VANCOUVER, B.C., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Universal Copper Ltd. (“Universal Copper” or the “Company”) is pleased to announce that it has received $150,000 (the “Principal Amount”) from an arm’s length lender (the “Lender”) pursuant to the terms and conditions of a convertible loan agreement (the “Loan Agreement”) entered into between the Company and the Lender.
  • The Principal Amount will become due and payable on May 28, 2024 (the “Maturity Date”), subject to acceleration in certain instances, and is secured against the assets of the Company.
  • The Company intends to use the Principal Amount to satisfy the outstanding cash option payment with respect to the Poplar Copper Project.
  • All securities issued in connection with the Loan Agreement will be subject to a statutory hold period of four months plus a day commencing from the date of distribution in accordance with applicable Canadian securities laws.

Northern Star Investment Corp. II Announces Determination to Continue Corporate Existence

Retrieved on: 
Thursday, January 25, 2024
OTC Markets Group, Common stock, Distribution, Warrant, Acquisition, IPO, Finance Secretary (India), Charter, Security (finance)

New York, New York, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Northern Star Investment Corp. II (the “Company”) today announced that, because it will not be able to consummate an initial business combination as described in the Company’s amended and restated certificate of incorporation (“Charter”) by the current January 28, 2024 deadline, it has determined to commence the process of liquidating the trust account established in connection with the Company’s initial public offering (“IPO”) and distributing funds to holders of the Company’s shares of Class A Common Stock sold in the IPO (the “Public Shares”). Additionally, as the Company has not consummated an initial business combination by the January 28, 2024 deadline, the Company expects the NYSE American to take delisting action with regard to the Company’s securities.

Key Points: 
  • The Company has further determined to continue its corporate existence following the distribution of funds in the trust account in an effort to acquire a business or entity.
  • Accordingly, the Company will be liquidating the funds held in the trust account and making a distribution payment therefrom.
  • This press release includes “forward-looking statements” as such term is defined in the Private Securities Litigation Reform Act of 1995.
  • The Company has no obligation to update any forward-looking statement to reflect events or circumstances after the date hereof.

Marketers Given Marginal Grades for ABM-Driven Revenue Growth

Retrieved on: 
Tuesday, January 23, 2024
Momentum, Table, WM, Research, Finance Secretary (India), ABM, SAN, Intelligence, Business marketing, T-Mobile, IBM, TechTarget, Xometry, Investment, CMO, CMOS, Marketing, LEAP, NTT, Growth, Sales

A new Chief Marketing Officer (CMO) Council report, produced in collaboration with WM America, entitled “ Fire Up Your Revenue Generation Engine ,” covers critical aspects of lead generation and engagement.

Key Points: 
  • A new Chief Marketing Officer (CMO) Council report, produced in collaboration with WM America, entitled “ Fire Up Your Revenue Generation Engine ,” covers critical aspects of lead generation and engagement.
  • This includes models and metrics for tracking and measuring performance, best practice demand-gen execution, ways to score effectiveness, and more.
  • The latest CMO Council research finds scores of marketers falling behind in lead scoring, account-based marketing, accelerated pipeline, and intention-based marketing.
  • The report is based on a survey of over 170 heads of B2B marketing, sales, revenue, growth, demand gen and campaign execution in Q4 2023.

Ascot Arranges C$25 Million Bought Deal Financing and US$50 Million Additional Funding for Completion and Ramp-Up of the Premier Gold Project

Retrieved on: 
Monday, January 22, 2024
Gold, SRSR, Part, Sale, Indian stock exchange, AOT, Offering, Private, Finance Secretary (India), Mining, QP, Columbia, TSX, National Instrument 43-101, National instrument, NSR, Nebari, Toronto Stock Exchange, Royalty, Project, News, PGP, BMO Capital Markets, Security (finance)

VANCOUVER, British Columbia, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the Company has entered into non-binding term sheets for a total of approximately US$50 million in additional funding from Sprott Resource Streaming and Royalty Corp. and/or its affiliates (“Sprott Streaming” or “SRSR”) and Nebari Natural Resources Credit Fund II, LP (“Nebari Credit Fund II”). Additionally, the Company has entered into an agreement with a syndicate of underwriters co-led by BMO Capital Markets and Desjardins Capital Markets (collectively the “Underwriters”), pursuant to which the Underwriters have agreed to buy on a bought deal private placement basis, 56,820,000 Common Shares of the Company (the “Common Shares”) at a price of C$0.44 per Common Share, for gross proceeds of approximately C$25 million (the “Offering”). The proceeds from these additional funding sources will be used for the construction and operational ramp-up of the Premier Gold Project (“PGP” or the “Project”), to buy-back existing royalties, for additional working capital, and for general corporate purposes.

Key Points: 
  • The proceeds from these additional funding sources will be used for the construction and operational ramp-up of the Premier Gold Project (“PGP” or the “Project”), to buy-back existing royalties, for additional working capital, and for general corporate purposes.
  • Cost Overrun Facility: US$20 million from Nebari Credit Fund II to be drawn in full at closing, with maturity to be in June 2027.
  • The interest rate would be 10.0% plus the greater of: (i) 3.5% and (ii) the three month secured overnight financing rate (“SFOR”) per annum.
  • It is paramount at this stage that the Company is well financed and I believe this funding package accomplishes this.

Flash News: OKX Wallet Now Integrated with Osmosis, a Decentralized Exchange for Cosmos

Retrieved on: 
Sunday, January 21, 2024
Cosmos, Web3, Osmosis, Finance Secretary (India), AMM, DEX, Non-fungible token, OKX, Cryptocurrency

SINGAPORE, Jan. 21, 2024 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for January 20, 2024.

Key Points: 
  • SINGAPORE, Jan. 21, 2024 (GLOBE NEWSWIRE) -- OKX , a leading Web3 technology company, has issued updates for January 20, 2024.
  • OKX Wallet Now Integrated with Osmosis, a Decentralized Exchange
    OKX Wallet now supports Osmosis, a decentralized exchange (DEX) built on the Cosmos blockchain.
  • Osmosis uses an automated market maker (AMM) algorithm that automatically adjusts the price of assets in a liquidity pool based on supply and demand.
  • Users can also access Osmosis via OKX Wallet's Discover platform, which gathers over 5,500+ DApps, DEXs, blockchain games, NFTs and supplementary tools.

ProStar Announces Convertible Debenture Financing and Warrant Repricing

Retrieved on: 
Wednesday, January 17, 2024
Private, Finance Secretary (India), Conversion, Indian stock exchange, Debt, Offering, Minority, TSX Venture Exchange, Multilateral, Exercise, Security (finance)

GRAND JUNCTION, Colo., Jan. 17, 2024 (GLOBE NEWSWIRE) -- ProStar Holdings Inc. (“ProStar®” or the “the Company”) (TSXV: MAPS) ( OTCQB: MAPPF ) a world leader in Precision Mapping Solutions®, is pleased to announce that the Company intends to complete a non-brokered private placement of convertible debentures of the Company (each, a “Convertible Debenture”) in the principal amount of up to US$3,000,000 (the “Offering”).

Key Points: 
  • Each Convertible Debenture will bear interest at a rate of 10% per annum, calculated and compounding annually, and mature four (4) years following the date of issuance (the “Maturity Date”).
  • The principal amount of each Convertible Debenture (the “Principal Amount”) will be convertible into units of the Company (each a “Unit”) at a conversion price of C$0.30 per Unit (the “Conversion Price”) at the option of the holder of a Convertible Debenture (“Debenture Holder”) at any time prior to the Maturity Date.
  • Each Unit will be comprised of one common share of the Company (a “Common Share”) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”).
  • Each full Warrant will entitle the holder thereof to purchase one common share of the Company (a “Warrant Share”) at a price of C$0.30 per Common Share for a period of twelve (12) months from the date of issuance thereof (the “Warrant Expiry Date”).

Syniverse Wins Multiple Juniper Platinum Future Digital Awards

Retrieved on: 
Wednesday, January 24, 2024
5G, Telecommunications, Software, Hardware, Data Management, Technology, IOT (Internet of Things), Mobile, Wireless, Organization, GSMA, Finance Secretary (India), Research, Settlement, Mobile World Congress, Monolithic kernel, Bank

Syniverse earned the top honors in each category for its Universal Commerce and Financial Clearing and Settlement solutions.

Key Points: 
  • Syniverse earned the top honors in each category for its Universal Commerce and Financial Clearing and Settlement solutions.
  • It empowers carriers to optimize their cash flow through a unique multilateral settlement pool, which works like a payment hub, offsetting multiple receipts against multiple payments through a single settlement transaction.
  • Its Future Digital Awards have been presented since 2008 to technology companies that have made outstanding contributions to their industry and deliver imaginative, innovative, and disruptive products or services.
  • Syniverse will be available to discuss its roaming solutions and the future of connectivity at MWC Barcelona from Feb. 26-29.

VOTE MAMA FOUNDATION PUBLISHES NEW DATA ON CAMPAIGN FUNDS FOR CHILDCARE

Retrieved on: 
Tuesday, January 23, 2024
Woman, Democracy, Finance Secretary (India), Research, FEC, Mother, CFCC, Federal Election Commission, History, Democrat, Government, Congress, Parent

NEW YORK, Jan. 23, 2024 /PRNewswire/ -- Vote Mama Foundation, the leading source of research and analysis about the political participation of mothers, today released the findings of its latest report on Campaign Funds for Childcare. This report builds upon the organization's prior research, and provides an update on the usage of Campaign Funds for Childcare (CFCC) at all levels of government.

Key Points: 
  • NEW YORK, Jan. 23, 2024 /PRNewswire/ -- Vote Mama Foundation , the leading source of research and analysis about the political participation of mothers, today released the findings of its latest report on Campaign Funds for Childcare.
  • This report builds upon the organization's prior research , and provides an update on the usage of Campaign Funds for Childcare (CFCC) at all levels of government.
  • In 2018, Liuba Grechen Shirley (Vote Mama Foundation Founder and CEO) ran for Congress and petitioned the Federal Election Commission (FEC) and became the first woman in history to receive federal approval to spend Campaign Funds for Childcare (CFCC).
  • Vote Mama Foundation is the only organization working to authorize the use of Campaign Funds for Childcare in all 50 states.

STEER Announces Private Placement of up to $3.5 Million of Convertible Debentures With Strategic Investors

Retrieved on: 
Monday, January 15, 2024
Software, EV, Electric Vehicles, Professional Services, Apps, Applications, Technology, Automotive, Delivery Services, Environment, Retail, Data Analytics, Green Technology, Environmental, Social and Governance (ESG), Private, Private placement, Finance Secretary (India), STEER, ESG, Sale, Call option, Indian stock exchange, Debenture, OTCQX, TSX Venture Exchange, Letter, Exercise, News, Security (finance)

The Private Placement will be made to certain subscribers, which are expected to be ESG Holdings Inc. (“ESG”), Arichandran Investments Inc. (“Arichandran”) and one or more additional investors (such additional investors, collectively with ESG and Arichandran, the “Investors”).

Key Points: 
  • The Private Placement will be made to certain subscribers, which are expected to be ESG Holdings Inc. (“ESG”), Arichandran Investments Inc. (“Arichandran”) and one or more additional investors (such additional investors, collectively with ESG and Arichandran, the “Investors”).
  • In addition, the aggregate number of Common Shares reserved for issuance pursuant to the Private Placement shall not exceed 117,880,000 Common Shares.
  • The proceeds from the Private Placement are expected to be used by the Company for working capital and general corporate purposes.
  • The Company is considering completion of the FoodsUp Distribution prior to, or as soon as possible after, the closing of the Private Placement.

United Renewables Embraces COP28 Insights to Forge a Progressive Path in 2024

Retrieved on: 
Tuesday, January 9, 2024
Isle, London Business School, Renewable energy, COP28, Policy, Finance Secretary (India), Climate change, Systemic

DOUGLAS, Isle of Man, Jan. 09, 2024 (GLOBE NEWSWIRE) -- In the wake of the influential COP28 Debrief Breakfast, United Renewables is poised to announce its ambitious plans for 2024, marking a significant step forward in the renewable energy sector. This strategic move, influenced by the outcomes of COP28, positions the company to address the challenges and seize the opportunities in a rapidly evolving energy landscape.

Key Points: 
  • United Renewables played a pivotal role in these conversations, shaping a forward-thinking strategy that responds to the global need for sustainable energy solutions.
  • United Renewables' Vision for 2024:
    Ramping Up Renewable Energy: Aligned with the global goal to triple renewable energy by 2030, United Renewables is expanding its portfolio of green energy projects.
  • Setting New Standards: As a leader in renewable energy, United Renewables is committed to raising the bar for sustainability and innovation.
  • United Renewables invites everyone to be part of this transformative journey towards a sustainable 2024.