FOR

Results of PrimaryBid Offer

Retrieved on: 
Thursday, December 21, 2023

Molten Ventures plc (LON: GROW, Euronext Dublin: GRW) announced on 27 November 2023 the launch of a fundraise comprising a placing (the "Placing") and subscription (the "Subscription") in conjunction with an offer via PrimaryBid (the "PrimaryBid Offer") (together the "Fundraise") alongside an Offer for Subscription (together with the Fundraise, the "Issue").

Key Points: 
  • Molten Ventures plc (LON: GROW, Euronext Dublin: GRW) announced on 27 November 2023 the launch of a fundraise comprising a placing (the "Placing") and subscription (the "Subscription") in conjunction with an offer via PrimaryBid (the "PrimaryBid Offer") (together the "Fundraise") alongside an Offer for Subscription (together with the Fundraise, the "Issue").
  • The Company is pleased to announce that the PrimaryBid Offer successfully completed and closed at 3.00 p.m. yesterday.
  • A total of 888,888 New Ordinary Shares have been subscribed for at a price of 270 pence per New Ordinary Share (the "Issue Price") pursuant to the PrimaryBid Offer.
  • Following the successful closing of the PrimaryBid Offer, the Company has raised gross proceeds of £57.4 million via the Fundraise.

Li-FT Closes $12.4 Million Public Offering

Retrieved on: 
Friday, November 17, 2023

VANCOUVER, British Columbia, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Li-FT Power Ltd. (“LIFT” or the “Company”) (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce it has closed the previously announced overnight marketed public offering (the “Offering”) of 1,437,500 common shares of the Company issued on a “flow-through" basis (each a “Flow-Through Share”) at a price of $8.65 per Flow-Through Share. The Offering generated aggregate gross proceeds of $12,434,375, which included the full exercise of the option granted to the agents to sell up to an additional 187,500 Flow-Through Shares. The Flow-Through Shares will qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)).

Key Points: 
  • The Offering generated aggregate gross proceeds of $12,434,375, which included the full exercise of the option granted to the agents to sell up to an additional 187,500 Flow-Through Shares.
  • The Flow-Through Shares will qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)).
  • The Offering was led by Canaccord Genuity Corp. on behalf of a syndicate of agents, including SCP Resource Finance LP, Scotia Capital Inc. and Beacon Securities Limited (collectively, the “Agents”).
  • In connection with the Offering, the Company paid to the Agents a cash commission of 5.0% of the gross proceeds from the Offering.

Abcourt Closes a Third Tranche of the Private Placement of Units Previously Announced, for an Additional Amount of $209,000

Retrieved on: 
Friday, November 17, 2023

ROUYN-NORANDA, Quebec, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) announces that it has completed a third tranche of the non-brokered private placement announced on August 31, 2023, for additional gross proceeds of $209,000, representing 5,225,000 units of the Corporation (“Units”) at a price of $0.04 per Unit (the "Offering"). In the aggregate, total gross proceeds of the Offering are of $2,330,150.

Key Points: 
  • In the aggregate, total gross proceeds of the Offering are of $2,330,150.
  • Each Unit consists of one common share of the Corporation (a “Common Share”) and one common share purchase warrant (a “Warrant”).
  • Each Warrant entitles the holder thereof to purchase one Common Share at a price of $0.05 for a period of 36 months.
  • The Offering remains subject to final approval of the Exchange.

IDEX Biometrics ASA: Private placement of NOK 35 million successfully placed 15 Nov 2023

Retrieved on: 
Wednesday, November 15, 2023

Reference is made to the press release from IDEX Biometrics ASA ("IDEX" or the "Company") published earlier today, 15 November 2023, regarding a contemplated private placement of new shares to raise gross proceeds of up to NOK 35 million (the "Private Placement").

Key Points: 
  • Reference is made to the press release from IDEX Biometrics ASA ("IDEX" or the "Company") published earlier today, 15 November 2023, regarding a contemplated private placement of new shares to raise gross proceeds of up to NOK 35 million (the "Private Placement").
  • The Private Placement has been successfully placed and will raise gross proceeds to the Company of NOK 35 million, through the issue of 78,651,685 new shares (the "Offer Shares") at a price of NOK 0.4450 per Offer Share (the "Offer Price").
  • Due to the final number of Offer Shares placed, the announced potential second tranche of the Private Placement is cancelled.
  • The following primary insiders have subscribed for and been allocated Offer Shares in the Private Placement, ISIN NO0003070609, at the Offer Price, NOK 0.4450 per share:

IDEX Biometrics ASA - Contemplated Private Placement

Retrieved on: 
Wednesday, November 15, 2023

IDEX Biometrics ASA (the "Company"), a leading provider of advanced fingerprint identification and authentications solutions, has retained Arctic Securities AS as sole manager and bookrunner (the "Manager") to advise on and effect a private placement (the "Private Placement") of new shares in the Company (the "Offer Shares") to raise gross proceeds of up to NOK 35 million.

Key Points: 
  • IDEX Biometrics ASA (the "Company"), a leading provider of advanced fingerprint identification and authentications solutions, has retained Arctic Securities AS as sole manager and bookrunner (the "Manager") to advise on and effect a private placement (the "Private Placement") of new shares in the Company (the "Offer Shares") to raise gross proceeds of up to NOK 35 million.
  • With such cost reductions and the combined proceeds from the contemplated Private Placement and Convertible Bond, the Company expects to be fully funded through 2024.
  • The subscription price per Offer Share in the Private Placement (the "Offer Price") and the number of Offer Shares to be issued in the Private Placement will be determined by the board of directors of the Company (the "Board") following an accelerated bookbuilding process.
  • A private placement enables the Company to raise capital in an efficient manner, and the Private Placement is structured to ensure that a market-based subscription price is achieved.

Element Announces Renewal of Normal Course Issuer Bid

Retrieved on: 
Monday, November 13, 2023

TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to renew its normal course issuer bid (the “NCIB”) for its issued and outstanding common shares (the “Common Shares”) in furtherance of its capital return strategy.

Key Points: 
  • TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Element Fleet Management Corp. (TSX: EFN) (“Element” or the “Company”) announced today that the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to renew its normal course issuer bid (the “NCIB”) for its issued and outstanding common shares (the “Common Shares”) in furtherance of its capital return strategy.
  • As of November 1, 2023, the Company had 389,064,826 Common Shares issued and outstanding and a “public float” of 388,521,595 Common Shares.
  • Under the current NCIB, the Company has repurchased Common Shares over the TSX and over alternative trading systems in Canada.
  • Outside of these blackout periods, Common Shares will continue to be purchasable by the Company at its discretion under the NCIB.

Cielo Announces Closing of Asset Purchase Transaction with Expander Energy Inc. and Results of Shareholder Meeting

Retrieved on: 
Friday, November 10, 2023

CALGARY, Alberta, Nov. 10, 2023 (GLOBE NEWSWIRE) --  Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, is pleased to announce that it has closed the asset purchase transaction (the “Transaction”) with Expander Energy Inc. (“Expander”) announced on September 20, 2023.

Key Points: 
  • CALGARY, Alberta, Nov. 10, 2023 (GLOBE NEWSWIRE) --  Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a waste-to-fuel environmental technology company, is pleased to announce that it has closed the asset purchase transaction (the “Transaction”) with Expander Energy Inc. (“Expander”) announced on September 20, 2023.
  • Pursuant to an asset purchase agreement dated September 15, 2023, as amended and restated on November 8, 2023 (the “Asset Purchase Agreement”) between Cielo and Expander, Cielo has acquired assets and liabilities of Expander to operate the EBTL™ and BGTL™ technologies business being acquired from Expander (the “Acquired Business”).
  • Ryan Jackson, CEO of Cielo, commented, “The completion of this agreement is a significant achievement for Cielo and Expander shareholders.
  • Cielo and Expander have agreed to make certain amendments to the Asset Purchase Agreement, including the removal of Cielo’s financing obligations.

Urbana Corporation Has Filed 2023 Third Quarter Interim Financial Statements

Retrieved on: 
Thursday, November 9, 2023

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./
    TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)
    Urbana Corporation announces today that it has filed its unaudited interim Financial Statements and Management’s Discussion and Analysis for the nine-month period ended September 30, 2023 with the applicable Canadian securities regulators.

CGTN AMERICA & CGTN UN: Peng Liyuan Visits Vietnamese Women's Museum and Vietnam National University, Hanoi

Retrieved on: 
Thursday, December 14, 2023

WASHINGTON, Dec. 14, 2023 /PRNewswire-PRWeb/ -- On Tuesday, December 12, Peng Liyuan, wife of Chinese President Xi Jinping, visited the Vietnamese Women's Museum in Hanoi with Ngo Thi Man, wife of Nguyen Phu Trong, General Secretary of the Communist Party of Vietnam Central Committee. They had a tea chat at the museum.

Key Points: 
  • WASHINGTON, Dec. 14, 2023 /PRNewswire-PRWeb/ -- On Tuesday, December 12, Peng Liyuan, wife of Chinese President Xi Jinping, visited the Vietnamese Women's Museum in Hanoi with Ngo Thi Man, wife of Nguyen Phu Trong, General Secretary of the Communist Party of Vietnam Central Committee.
  • Peng highly praised the outstanding qualities of Vietnamese women, emphasizing their diligence, bravery, and resilience after she listened to an introduction about Vietnamese women's marriage customs at an exhibition featuring Vietnamese women's folk customs.
  • During the tea chat, Peng said China adheres to gender equality and places high importance on safeguarding women's rights.
  • On Wednesday, December 13, Peng Liyuan visited Vietnam National University, Hanoi with Vietnamese President Vo Van Thuong's wife Phan Thi Thanh Tam.

CGTN AMERICA & CGTN UN: 'Classics Quoted by Xi Jinping' (Season 2) launched in Vietnam and a new round of China-Vietnam media cooperation begins with new program

Retrieved on: 
Tuesday, December 12, 2023

WASHINGTON, Dec. 12, 2023 /PRNewswire-PRWeb/ -- To mark Chinese President Xi Jinping's upcoming state visit to Vietnam, China Media Group (CMG) launched the second season of "Classics Quoted by Xi Jinping" (in Vietnamese) in Vietnam. The series features quotes from ancient Chinese texts used by President Xi in his speeches and articles.

Key Points: 
  • To mark Chinese President Xi Jinping's upcoming state visit to Vietnam, China Media Group (CMG) launched the second season of "Classics Quoted by Xi Jinping" (in Vietnamese) in Vietnam.
  • WASHINGTON, Dec. 12, 2023 /PRNewswire-PRWeb/ -- To mark Chinese President Xi Jinping's upcoming state visit to Vietnam, China Media Group (CMG) launched the second season of "Classics Quoted by Xi Jinping" (in Vietnamese) in Vietnam.
  • The series features quotes from ancient Chinese texts used by President Xi in his speeches and articles.
  • In the meantime, opening a new round of cooperation between Chinese and Vietnamese media, a brand-new news program was launched to promote mutual understanding.