SARL

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

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.

Abcourt Closes a First Tranche of the Private Placement of Units Previously Announced, for an Amount of $1,582,750

Retrieved on: 
Thursday, September 7, 2023

ROUYN-NORANDA, Quebec, Sept. 07, 2023 (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 August 31, 2023, for gross proceeds of $1,582,750, representing 39,568,750 Units of the Corporation at a price of $0.04 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 $0.05 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 $0.05 for a period of 36 months following the closing date of the Offering.
  • A cash commission of $1,800 and warrants to acquire 45,000 units at a price of $0.05 per unit (the “Finder’s Units”) are payable to Red Cloud Securities Inc., as finder’s fees, for subscriptions sourced by the Finder.
  • The following related parties to Abcourt have participated in the Offering as follows:
    Francois Mestrallet, Director, through SARL MF, a private company controlled by François Mestrallet, has purchased 25,000,000 Units for an amount of $1,000,000.

Siwar Foods capitalizes on the growing global Mochi market amongst Gen Z customers in KSA

Retrieved on: 
Sunday, May 14, 2023

Commenting on the partnership, CEO & Founder Loaye Al-Nahedh said:

Key Points: 
  • Commenting on the partnership, CEO & Founder Loaye Al-Nahedh said:
    'Our agile business model has once again allowed us to tap into the latest consumer trends.
  • The mochi market has witnessed strong growth driven by changing eating habits.
  • The global mochi market was valued at USD350 million in 2021, projected to reach USD425 million by the end of 2030, growing at a CAGR of 11.8% from 2023 to 2030 (Verified Market Research Company 2023).
  • The 'Mochi range adds to the list of convenience based RTE categories that Siwar is increasingly penetrating.

Siwar Foods capitalizes on the growing global Mochi market amongst Gen Z customers in KSA

Retrieved on: 
Sunday, May 14, 2023

Commenting on the partnership, CEO & Founder Loaye Al-Nahedh said:

Key Points: 
  • Commenting on the partnership, CEO & Founder Loaye Al-Nahedh said:
    'Our agile business model has once again allowed us to tap into the latest consumer trends.
  • The mochi market has witnessed strong growth driven by changing eating habits.
  • The global mochi market was valued at USD350 million in 2021, projected to reach USD425 million by the end of 2030, growing at a CAGR of 11.8% from 2023 to 2030 (Verified Market Research Company 2023).
  • The 'Mochi range adds to the list of convenience based RTE categories that Siwar is increasingly penetrating.

Farrow Law Firm Announces Amicable Resolution of Claims Against Fly Victor Limited

Retrieved on: 
Thursday, May 11, 2023

By agreement of the Parties, Farrow Law Firm has been authorized to issue the following statement on behalf of Don’t Look Media LLC, Louis Spagnuolo, Farrow Law, P.A.

Key Points: 
  • By agreement of the Parties, Farrow Law Firm has been authorized to issue the following statement on behalf of Don’t Look Media LLC, Louis Spagnuolo, Farrow Law, P.A.
  • View the full release here: https://www.businesswire.com/news/home/20230510005839/en/
    Farrow Law Firm Announces Amicable Resolution of Claims Against Fly Victor Limited (Photo: Business Wire)
    Louis Spagnuolo, Don’t Look Media LLC, Jay Farrow and Farrow Law LLP amicably resolved any and all claims or causes of action they have or had against Clive Henry Jackson, Bernardus Vorster, Dan Northover, Nelson Rocha, Jr., Fly Victor Limited, Alyssum Group Limited, Alyssum Holdings Limited, Youngjets LLC, Fly Victor, Inc., Victor Technology, Inc., Sudranreb Consultancy Ltd., Infinet Technologies SARL, Longhurst Corporate Ltd., Letyano Limited, Autotorq Holdings Limited, Mike Ryan, and David Young.
  • The details of the resolution are confidential, but all legal claims have been discontinued.
  • There has been no admission or determination of liability against any party, and all matters have been settled and/or dismissed.

IAA Announces New Market Alliance in West Africa

Retrieved on: 
Friday, April 21, 2023

IAA Holdings, LLC (IAA), a Ritchie Bros. Auctioneers Incorporated company and trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, announces a new market alliance with Antonio, SARL in the West African country of Benin.

Key Points: 
  • IAA Holdings, LLC (IAA), a Ritchie Bros. Auctioneers Incorporated company and trusted global marketplace for insights, services and transaction solutions for commercial assets and vehicles, announces a new market alliance with Antonio, SARL in the West African country of Benin.
  • This agreement provides authorization for auction centers operated by Antonio, SARL in the country to help local buyers search for, bid, pay, transport, ship and import vehicles from IAA auctions in the United States.
  • “We are thrilled to expand IAA’s footprint in West Africa and to reach new customers,” said Meggan O’Malley, Vice President of Marketplace Demand at IAA.
  • “IAA has several existing successful market alliances in neighboring countries, and we are excited to join them to provide top-notch assistance and guidance to the growing international buyer base.”

QUEST WATER AND AQUATAP™ OASIS ANNOUNCE PARTNERSHIP WITH TRUST MERCHANT BANK AND LAUNCH OF NEW DISTRIBUTOR-BASED BUSINESS MODEL

Retrieved on: 
Thursday, November 17, 2022

Following the successful launch of its AQUAtap App, integrated with Pepele Mobile, TMBs mobile banking platform, AQUAtap Oasis is pleased to announce a further milestone in our partnership.

Key Points: 
  • Following the successful launch of its AQUAtap App, integrated with Pepele Mobile, TMBs mobile banking platform, AQUAtap Oasis is pleased to announce a further milestone in our partnership.
  • AQUAtap Oasis has so far attracted over a dozen men and women as independent distributors who will each purchase clean water in bulk quantity from the AQUAtap Oasis Community Water Centers and resell it into their respective communities.
  • Our AQUAtap Oasis Partnership is creating transformational change, and our new distributor-based business model launched in partnership with TMB is an example of how we can scale that change, remarked John Balanko, Co-Founder and Managing Director of AQUAtap Oasis and President & CEO of Quest.
  • AQUAtap Oasis is currently raising funds to further build out the companys business model and bring it to scale.

QUEST WATER AND AQUATAP™ OASIS PARTNERSHIP LAUNCH THE AQUATAP™ MOBILE APP AND COMMENCE WATER SALES IN THE DRC

Retrieved on: 
Friday, September 9, 2022

The launch of the AQUAtap App represents a significant milestone for both the Company and AQUAtap Oasis.

Key Points: 
  • The launch of the AQUAtap App represents a significant milestone for both the Company and AQUAtap Oasis.
  • The App allows people to easily purchase clean, safe water from AQUAtap Oasis Community Water Centers in the DRC using their mobile phones and is integrated with Pepele Mobile, Trust Merchant Banks mobile banking platform, and the Orange Money digital platform.
  • Since the launch of the first AQUAtap Oasis Community Water Center on World Water Day, March 22, 2021, AQUAtap Oasis has provided clean water to the community free of charge for a trial period.
  • Sales of water commenced in May 2022, with the AQUAtap App and AQUAtap revenue collection system tracking the progress.

Gen II Luxembourg Services Moves to a New Luxembourg Office

Retrieved on: 
Tuesday, July 26, 2022

Gen II Luxembourg Services, SARL (Gen II Lux), a wholly-owned subsidiary of Gen II Fund Services, LLC (Gen II), a leading independent private capital fund administrator, today announced that the firm relocated its Luxembourg office to Well 22, located at 22 Rue des Bruyres.

Key Points: 
  • Gen II Luxembourg Services, SARL (Gen II Lux), a wholly-owned subsidiary of Gen II Fund Services, LLC (Gen II), a leading independent private capital fund administrator, today announced that the firm relocated its Luxembourg office to Well 22, located at 22 Rue des Bruyres.
  • Gen II Lux will occupy approximately 2,800 sqm, nearly three times the size of Gen II Luxs previous Luxembourg premises.
  • "As we continue to grow our operations in Luxembourg and Europe, this innovative and expanded office provides us with an ideal base to build upon," said Steven Millner, CEO of Gen II.
  • We wanted to provide a setting that integrates new standards of comfort and flexibility for our team as we continue to expand our footprint in Luxembourg, said Norman Leben, CEO of Gen II Luxembourg Services, SARL.

Gen II Fund Services Earns ISO 27001 Certification

Retrieved on: 
Tuesday, October 26, 2021

LUXEMBOURG, Oct. 26, 2021 /PRNewswire/ --Gen II Luxembourg Services, SARL ("Gen II"), a wholly-owned subsidiary of Gen II Fund Services, LLC, a leading independent private equity fund administrator, today announced the firm's Information Security Management System has earned the ISO 27001 certification.

Key Points: 
  • LUXEMBOURG, Oct. 26, 2021 /PRNewswire/ --Gen II Luxembourg Services, SARL ("Gen II"), a wholly-owned subsidiary of Gen II Fund Services, LLC, a leading independent private equity fund administrator, today announced the firm's Information Security Management System has earned the ISO 27001 certification.
  • Validated by PECB MS, a global provider of audit and certification services, this certification affirms that Gen II meets ISO requirements for establishing, implementing, maintaining, and continual improvement of an information security management system.
  • "As cybersecurity becomes a greater focus for our clients, this certification demonstrates that Gen II has the necessary protections and controls in place to protect our clients' information," said Steven Millner, Managing Principal and Co-Founder, Gen II.
  • Certification to the ISO 27001 Standard is recognized worldwide as an indication that your ISMS is aligned with information security best practices.