WIRE

Li-FT Closes $10.1 Million In Flow-Through Share Financings

Retrieved on: 
Wednesday, March 27, 2024
Lithium, Public, Income Tax Act, Private, Sale, Regulation, WIRE, Person, Agent, NOT, Legislation, NEWS, Prospectus, Security (finance)

VANCOUVER, British Columbia, March 27, 2024 (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 marketed public offering (the “Public Offering”) of 1,179,500 common shares of the Company issued on a “flow-through” basis (each a “Flow-Through Share”) at a price of $6.05 per Flow-Through Share. The Public Offering generated aggregate gross proceeds of $7,135,975. 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 Flow-Through Shares will qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)).
  • The Public Offering was led by Canaccord Genuity Corp. on behalf of a syndicate of agents, including SCP Resource Finance LP.
  • The Base Shelf Prospectus and the Prospectus Supplement are available under the Company’s profile on SEDAR+ at www.sedarplus.ca.
  • The Private Placement Flow-Through Shares will qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)).

Abcourt Closes a First Tranche of the Private Placement of Units Previously Announced, for an Amount of $1,436,234

Retrieved on: 
Tuesday, March 26, 2024
Cloud, Giant, Indian stock exchange, Control, TSX Venture Exchange, Private, Exercise, Offering, Minority, ABI, Sale, TMX Group, WIRE, News, NOT, Multilateral, NEWS, Security (finance)

ROUYN-NORANDA, Quebec, March 26, 2024 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) announces that it has completed a first closing of the non-brokered private placement announced on March 12, 2024, for gross proceeds of $1,436,234, representing 28,724,688 units of the Corporation (the “Units”), at a price of $0.05 per Unit (the "Offering"). 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 $0.06 for a period of 36 months following the closing date of the Offering.

Key Points: 
  • 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 $0.06 for a period of 36 months following the closing date of the Offering.
  • Abcourt paid finder’s fees in an amount of $500 and issued 10,000 finder warrants to Red Cloud Securities Inc., who assisted Abcourt by introducing a subscriber to the Corporation in connection with the Offering.
  • As a result, François Mestrallet will become a Control Person of the Corporation.

Urbana Corporation Has Filed Audited 2023 Annual Financial Statements

Retrieved on: 
Tuesday, March 19, 2024
Financial statement, Analysis, TSX, WIRE, NOT

TORONTO, March 19, 2024 (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, March 19, 2024 (GLOBE NEWSWIRE) -- Urbana Corporation (TSX & CSE: URB & URB.A)
    Urbana Corporation announces today that it has filed its audited Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2023 with the applicable Canadian securities regulators.

Abcourt Announces a Non-Brokered Private Placement for up to $5.0 Million Resulting in the Creation of a Control Person

Retrieved on: 
Tuesday, March 12, 2024
Giant, Indian stock exchange, Control, Private placement, TSX Venture Exchange, Private, Minority, Sale, TMX Group, WIRE, News, SARL, Unit, Special, NOT, Multilateral, NEWS, Person, Security (finance)

ROUYN-NORANDA, Quebec, March 12, 2024 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) is pleased to announce a non-brokered private placement of up to 100,000,000 units of the Corporation (“Units”) at a price of $0.05 per Unit for aggregate gross proceeds of up to $5,000,000 (the “Private Placement”) as a result of which François Mestrallet, a director of the Corporation, will become a Control Person of the Corporation (as such term is defined in the policies of the TSX Venture Exchange (the “TSXV”).

Key Points: 
  • Each Unit will consist of one common share of the Corporation (a “Common Share”) and one common share purchase warrant (a “Warrant”).
  • The Private Placement is expected to close on or about March 26, 2024 and remains subject to approval of the TSXV.
  • Shareholders of the Corporation will be asked at the Special Meeting to consider and, if thought fit, to pass a resolution (the “Control Person Resolution”) approving the creation of a Control Person.
  • Additional information regarding the Private Placement and the Control Person Resolution will be provided in the management information circular to be prepared in respect of the Special Meeting.

LIFT ANNOUNCES MARKETED PUBLIC OFFERING

Retrieved on: 
Monday, March 18, 2024
Lithium, Income Tax Act, Public, Private, TSX Venture Exchange, Public offering, Sale, Regulation, WIRE, News, NOT, Person, Prospectus, Agent, NEWS, Security (finance)

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
    VANCOUVER, BC, March 18, 2024 /CNW/ - Li-FT Power Ltd. ("LIFT" or the "Company") (TSXV: LIFT) (OTCQX: LIFFF) (Frankfurt: WS0) is pleased to announce that it has commenced a marketed best efforts public offering (the "Public Offering") of up to 1,179,500 common shares of the Company that will qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the "Flow-Through Shares") at a price of $6.05 per Flow-Through Share (the "Offering Price") for aggregate gross proceeds of up to $7,135,975.
  • The Public Offering is being conducted through a syndicate of agents led by Canaccord Genuity Corp. (collectively, the "Agents").
  • The Public Offering will be conducted pursuant to the Company's Canadian base shelf prospectus dated December 22, 2023 (the "Base Shelf Prospectus").
  • The Public Offering and the Non-Brokered Offering are subject to the satisfaction of certain conditions, including receipt of all applicable regulatory approvals including the approval of the TSX Venture Exchange.

KP Tissue declares a Quarterly Dividend of $0.18 per Common Share

Retrieved on: 
Thursday, March 7, 2024
DRIP, WIRE, Plan, Interest, Income Tax Act, TSX, Dividend, Indian stock exchange, KPT, NOT, Corporation, Partnership, Holding company

MISSISSAUGA, Ontario, March 07, 2024 (GLOBE NEWSWIRE) -- KP Tissue Inc. (“KPT”) (TSX: KPT) announced today that the Board of Directors has declared a quarterly dividend of $0.18 per common share, payable on April 15, 2024, to shareholders of record at the close of business on April 1, 2024, subject to applicable law.

Key Points: 
  • The dividends paid are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
  • The dividend is being declared in connection with the declaration of a corresponding quarterly distribution by Kruger Products in which KP Tissue holds a limited partnership interest.
  • The Corporation has a Dividend Reinvestment Plan under which eligible shareholders may elect to have their cash dividends reinvested in additional common shares of KPT.
  • Under the Plan, the Corporation will automatically reinvest for participating shareholders the cash dividends of KPT in newly issued Common Shares at a price per Common Share equal to 100% of the 5-day weighted average trading price of the Common Shares prior to the dividend payment date.

Bitcoin Well Announces Brokered Financing Led by Haywood Securities

Retrieved on: 
Monday, March 4, 2024
Bitcoin, Well, Issuer, WIRE, TSX Venture Exchange, Marketing, Part, Sale, Date, Indian stock exchange, NOT, National instrument, NEWS, Issue, Offering, Prospectus, Security (finance)

EDMONTON, Alberta, March 04, 2024 (GLOBE NEWSWIRE) --  Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF), the non-custodial bitcoin business on a mission to enable independence, is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”) dated February 29, 2024 to act as sole agent and sole bookrunner to assist the Company in selling on a commercially reasonable efforts private placement basis, units of the Company (each, a “Unit”) at a price of C$0.175 per Unit (the “Issue Price”) for gross proceeds of a minimum of C$1,250,000 (from the sale of a minimum 7,142,857 Units) and a maximum of C$2,100,000 (from the sale of a maximum of 12,000,000 Units) (the “Offering”).

Key Points: 
  • The Company intends to use the net proceeds of the Offering for sales and marketing, working capital and general corporate purposes.
  • The securities offered under the Listed Issuer Financing Exemption will not be subject to a statutory hold period in accordance with applicable Canadian securities laws.
  • All securities not issued pursuant to the Listed Issuer Financing Exemption will be subject to a hold period in accordance with applicable Canadian securities law, expiring four months and one day following the Closing Date.
  • The Company expects to close the Offering on or about March 22, 2024, or such other date as the Company and Haywood may agree.

HEALWELL AI Files Base Shelf Prospectus

Retrieved on: 
Thursday, February 29, 2024
WIRE, Person, AI, AIDX, News, TSX, Sale, Data science, NOT, Security (finance), NEWS

TORONTO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- HEALWELL AI Inc. (“HEALWELL” or the “Company”) (TSX: AIDX) (OTCQX: HWAIF), a data science and AI company focused on preventative care, is pleased to announce that it has filed a final short form base shelf prospectus (the “Shelf Prospectus”) with the securities commissions in each of the provinces of Canada.

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    TORONTO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- HEALWELL AI Inc. (“HEALWELL” or the “Company”) (TSX: AIDX) (OTCQX: HWAIF), a data science and AI company focused on preventative care, is pleased to announce that it has filed a final short form base shelf prospectus (the “Shelf Prospectus”) with the securities commissions in each of the provinces of Canada.
  • The Shelf Prospectus will allow the Company to undertake offerings of Class A subordinate voting shares, debt securities, warrants, units and subscription receipts (collectively, the “Securities”), or any combination thereof, up to an aggregate total of $150,000,000 from time to time during the 25-month period that Shelf Prospectus remains effective.
  • The specific terms of any offering of Securities, including the use of proceeds from any offering, will be set forth in one or more shelf prospectus supplement(s) to be filed with applicable securities regulators.
  • This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful.

CDPQ to Sell 2,312,000 Common Shares of Intact Financial Corporation

Retrieved on: 
Monday, February 26, 2024
CFO, WIRE, Intact Financial, BMO Capital Markets, TSX, CDPQ, NOT, Indian stock exchange, P&C, Intact, NEWS, Security (finance)

MONTREAL, Feb. 26, 2024 (GLOBE NEWSWIRE) --

Key Points: 
  • /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./
    CDPQ announced today that it will sell 2,312,000 common shares ("Common Shares") of Intact Financial Corporation (TSX: IFC) representing approximately 1.3% of the issued and outstanding Common Shares of IFC as of February 26, 2024 (the “Offering”).
  • After giving effect to the trade, CDPQ will continue to hold approximately 8.9% of the issued and outstanding Common Shares of IFC.
  • Following this transaction, CDPQ remains a key shareholder of Intact.
  • “CDPQ continues to be a valued partner in Intact’s evolution as a leading international P&C insurer, and will remain our largest shareholder following this transaction,” said Louis Marcotte, Executive Vice President and CFO, Intact Financial Corporation.

CHARLOTTE MAYOR VI LYLES AND WELLS FARGO EVP GEORGETTE DIXON JOIN NAREB FOR "A FIRESIDE CHAT WITH WOMEN OF IMPACT"

Retrieved on: 
Thursday, February 29, 2024
Real estate, National Association, Committee, WIRE, Woman, Conference, Estate agent, Wells Fargo, NAREB, HERE, Employment, Education

CHARLOTTE, N.C., Feb. 29, 2024 /PRNewswire/ --

Key Points: 
  • Led by NAREB President Dr. Courtney Johnson Rose and NAREB 3rd Vice President Courtney Jones, the session will focus on the tremendous impact of women engaged in real estate, finance, and community engagement based on findings in the newly released W.I.R.E report.
  • The report can be downloaded HERE .
  • Friday's session will include:
    10:40 a.m.
  • Partner Moment - Ewunike Brady, Wells Fargo
    10:45 a.m.  Faith-Based Committee Updates – LaDonna Parker, FB-CE Chair
    10:55 a.m. W.I.R.E Report Introduction - Sheryl Merrit, WIRE Chair
    11:00 a.m. 11:15 a.m. W.I.R.E Report Overview  - Dr. Vickie McBride and Dr. Sheri Smith