NEWS

GoviEx Announces Upsize in Bought Deal Offering to $12 Million

Retrieved on: 
Tuesday, December 5, 2023

VANCOUVER, British Columbia, Dec. 05, 2023 (GLOBE NEWSWIRE) -- GoviEx Uranium Inc. ("GoviEx" or the "Company") (TSXV: GXU; OTCQB: GVXXF) is pleased to announce that it has entered into an amended agreement with Eight Capital, pursuant to which Eight Capital will now purchase 75,000,000 units of the Company (the “Units”) on a “bought deal” basis pursuant to the filing of a short form prospectus, subject to all required regulatory approvals, at a price per Unit of $0.16 (the “Issue Price”) for aggregate gross proceeds of $12,000,000 (the "Offering").

Key Points: 
  • The Company has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 15% of the Units at the Issue Price, and/or the components thereof, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering.
  • The Company intends to use the net proceeds of the Offering for exploration, engineering and general corporate and working capital purposes.
  • The closing of the Offering is expected to occur on or about December 22, 2023 (the “Closing Date”), and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the conditional approval from the TSX Venture Exchange.
  • This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction.

GoviEx Announces $8 Million Bought Deal Offering

Retrieved on: 
Monday, December 4, 2023

VANCOUVER, British Columbia, Dec. 04, 2023 (GLOBE NEWSWIRE) -- GoviEx Uranium Inc. ("GoviEx" or the "Company") (TSXV: GXU; OTCQB: GVXXF) is pleased to announce that it has entered into an agreement with Eight Capital, pursuant to which Eight Capital will purchase 50,000,000 units of the Company (the “Units”) on a “bought deal” basis pursuant to the filing of a short form prospectus, subject to all required regulatory approvals, at a price per Unit of $0.16 (the “Issue Price”) for aggregate gross proceeds of $8,000,000 (the "Offering").

Key Points: 
  • The Company has agreed to grant the Underwriters an over-allotment option to purchase up to an additional 15% of the Units at the Issue Price, and/or the components thereof, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering.
  • The Company intends to use the net proceeds of the Offering for exploration, engineering and general corporate and working capital purposes.
  • The closing of the Offering is expected to occur on or about December 22, 2023 (the “Closing Date”), and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the conditional approval from the TSX Venture Exchange.
  • This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction.

Cielo Announces Shares for Debt Transaction and Provides Additional Updates

Retrieved on: 
Monday, December 4, 2023

CALGARY, Alberta, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, announces today that it has executed an agreement for the repayment of approximately $62,000.00 in debt by way of share issuance (the “Shares for Debt Transaction”), subject to the approval of the TSX Venture Exchange (the “Exchange”).

Key Points: 
  • CALGARY, Alberta, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, announces today that it has executed an agreement for the repayment of approximately $62,000.00 in debt by way of share issuance (the “Shares for Debt Transaction”), subject to the approval of the TSX Venture Exchange (the “Exchange”).
  • As full and final repayment of CDN $62,307.70, the Company has agreed to issue 2,076,923 common shares at a price of $0.03 per share.
  • The Shares for Debt Transaction is subject to the approval of the Exchange.
  • Upon approval and issuance, the Repayment Shares will be subject to a hold period of 4 months.

Brookfield Office Properties Announces Reset Dividend Rates and Conversion Privileges on Its Class AAA Series T Preference Shares

Retrieved on: 
Friday, December 1, 2023

BROOKFIELD NEWS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the reset dividend rate on its Class AAA Preference Shares, Series T (“Series T Shares”) (TSX: BPO.PR.T).

Key Points: 
  • BROOKFIELD NEWS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Brookfield Office Properties Inc., a subsidiary of Brookfield Property Partners L.P., today announced the reset dividend rate on its Class AAA Preference Shares, Series T (“Series T Shares”) (TSX: BPO.PR.T).
  • Holders of Series T Shares have the right, at their option, exercisable not later than 5:00 p.m. (Toronto time) on December 18, 2023, to convert all or part of their Series T Shares, on a one-for-one basis, into Class AAA Preference Shares, Series U (the “Series U Shares”), effective December 31, 2023.
  • Holders of Series T Shares are not required to elect to convert all or any part of their Series T Shares into Series U Shares.
  • As provided in the share conditions of the Series T Shares, (i) if Brookfield determines that there would be fewer than 1,000,000 Series T Shares outstanding after December 31, 2023, all remaining Series T Shares will be automatically converted into Series U Shares on a one-for-one basis effective December 31, 2023; and (ii) if Brookfield determines that there would be fewer than 1,000,000 Series U Shares outstanding after December 31, 2023, no Series T Shares will be permitted to be converted into Series U Shares.

Brookfield Launches Emerging Markets Transition Fund with Anchor Commitment from ALTÉRRA Alongside Investment in the Brookfield Global Transition Fund; Both Funds to Help Deploy Over $20 Billion in Climate Initiatives

Retrieved on: 
Friday, December 1, 2023

BROOKFIELD, NEWS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Today at COP28, Brookfield Asset Management (“Brookfield”) (NYSE: BAM, TSX: BAM) and ALTÉRRA, the world’s largest private markets climate vehicle launched at the World Climate Action Summit, announced the creation of a multi-billion dollar Catalytic Transition Fund (‘CTF’ or the ‘Fund’) with commitments from ALTÉRRA Transformation. ALTÉRRA also committed to investing US$2 billion from ALTÉRRA Acceleration into the second Brookfield Global Transition Fund (“BGTF II”), Brookfield’s flagship fund focused on the energy transition.

Key Points: 
  • ALTÉRRA also committed to investing US$2 billion from ALTÉRRA Acceleration into the second Brookfield Global Transition Fund (“BGTF II”), Brookfield’s flagship fund focused on the energy transition.
  • The Fund will be managed by Brookfield and will receive up to US$1 billion in catalytic capital from ALTÉRRA Transformation, to enhance the risk-adjusted returns available to commercially-oriented investors.
  • CTF will focus on decarbonization initiatives, with an innovative structure that leverages ALTÉRRA's financial commitment to attract private sector investment at scale.
  • ALTÉRRA Acceleration is also today announcing a US$2 billion commitment to the second Brookfield Global Transition Fund, making it the single-largest third-party investor in the fund to date.

Brookfield Raises Record $30 Billion For Flagship Infrastructure Strategy

Retrieved on: 
Friday, December 1, 2023

BROOKFIELD, NEWS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”) announced today the closing of its flagship global infrastructure equity fund, Brookfield Infrastructure Fund V (“BIF V” or the “Fund”), having raised $30 billion for the strategy, including $28 billion for the Fund and approximately $2 billion in related co-investment vehicles.

Key Points: 
  • BROOKFIELD, NEWS, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management (“Brookfield”) announced today the closing of its flagship global infrastructure equity fund, Brookfield Infrastructure Fund V (“BIF V” or the “Fund”), having raised $30 billion for the strategy, including $28 billion for the Fund and approximately $2 billion in related co-investment vehicles.
  • BIF V is the world’s largest closed-ended private infrastructure fund, and the largest fund ever raised by Brookfield.
  • BIF V benefitted from strong investor support, with a diverse group of approximately 200 limited partners committing to the Fund.
  • The fundraising exceeded Brookfield’s target of $25 billion and BIF V is 40% larger than its predecessor vehicle, BIF IV.

Brookfield Asset Management to Present at the Goldman Sachs U.S. Financial Services Conference

Retrieved on: 
Wednesday, November 29, 2023

BROOKFIELD, NEWS, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) announced that Bruce Flatt, Chief Executive Officer, is scheduled to present at the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 6, 2023, at 2:20 p.m.

Key Points: 
  • BROOKFIELD, NEWS, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE: BAM, TSX: BAM) announced that Bruce Flatt, Chief Executive Officer, is scheduled to present at the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 6, 2023, at 2:20 p.m.
  • ET.
  • Mr. Flatt’s remarks will be webcast live and a link to the webcast will be available in the “Events” section on Brookfield Asset Management’s investor relations website, bam.brookfield.com .

Brookfield Corporation Announces Pricing of $700 Million Notes Offering

Retrieved on: 
Monday, November 27, 2023

BROOKFIELD, NEWS, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $700 million principal amount of senior notes due 2034 (the “notes”), which will bear interest at a rate of 6.350% per annum.

Key Points: 
  • BROOKFIELD, NEWS, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $700 million principal amount of senior notes due 2034 (the “notes”), which will bear interest at a rate of 6.350% per annum.
  • The notes will be issued by Brookfield Finance Inc., an indirect 100% owned subsidiary of Brookfield, and will be fully and unconditionally guaranteed by Brookfield.
  • The offering is being made only by means of a prospectus supplement relating to the offering of the notes.
  • Before you invest, you should read these documents and other public filings by Brookfield for more complete information about Brookfield and this offering.

Traction Uranium Announces Closing of the Second Tranche of Private Placement

Retrieved on: 
Friday, November 24, 2023

CALGARY, Alberta, Nov. 24, 2023 (GLOBE NEWSWIRE) -- Traction Uranium Corp. (CSE: TRAC) (OTCQB: TRCTF) (FRA: Z1K) (the “Company” or “Traction”) is pleased to announce that, further to its news release of October 27, 2023 and November 14, 2023 which announced: i.) a private placement offering (the “Offering”) of up to 10,000,000 non-flow through units (“NFT”) and up to 5,714,285 flow-through (“FT”) units, as well as, ii.) the closing of the first tranche of the Offering, respectively, it has closed the second tranche of the Offering (the “Second Tranche”) by issuing 2,000,000 FT units (each, an “FT Unit”) at a price of $0.175 per FT Unit, for aggregate gross proceeds of $350,000.

Key Points: 
  • a private placement offering (the “Offering”) of up to 10,000,000 non-flow through units (“NFT”) and up to 5,714,285 flow-through (“FT”) units, as well as, ii.)
  • the closing of the first tranche of the Offering, respectively, it has closed the second tranche of the Offering (the “Second Tranche”) by issuing 2,000,000 FT units (each, an “FT Unit”) at a price of $0.175 per FT Unit, for aggregate gross proceeds of $350,000.
  • The securities issued from the Second Tranche are subject to a statutory hold period of four months and one day from November 24, 2023.
  • In connection with the closing of the Second Tranche, an aggregate of $21,000 was paid in cash and a total of 120,000 finder’s warrants (each, a “Finder’s Warrant”) were issued as finder’s fees.

Brookfield Corporation Announces Credit Rating Upgrade to “A”

Retrieved on: 
Wednesday, November 22, 2023

BROOKFIELD, NEWS, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) (“Brookfield”) today announced that it has received an upgrade to its senior unsecured debt rating from DBRS to “A” from A (low).

Key Points: 
  • BROOKFIELD, NEWS, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Brookfield Corporation (NYSE: BN, TSX: BN) (“Brookfield”) today announced that it has received an upgrade to its senior unsecured debt rating from DBRS to “A” from A (low).
  • The upgrade reflects the continued growth in the earnings and cashflows of the business, underpinned by a conservatively capitalized balance sheet.
  • Nicholas Goodman, President of Brookfield Corporation, stated “We are pleased with the credit rating upgrade, which reflects the strength of our franchise through cycles—including the growing scale and diversity of our business, the quality of our cashflows and our fortress balance sheet.
  • The upgrade is further recognition of our longstanding commitment to conservative financing principles and our differentiated perpetual capital base of $140 billion.”