EarthBound

ThreeD Capital Inc. Announces Its Intention To Effect A Normal Course Issuer Bid

Retrieved on: 
Wednesday, August 23, 2023
EarthBound, CSE, Acquisition, Canadian Securities Exchange, IDK, Security (finance)

TORONTO, Aug. 23, 2023 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces today its intention to effect a normal course issuer bid through the facilities of the Canadian Securities Exchange.

Key Points: 
  • TORONTO, Aug. 23, 2023 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces today its intention to effect a normal course issuer bid through the facilities of the Canadian Securities Exchange.
  • Pursuant to the normal course issuer bid, ThreeD may, during the period commencing August 28, 2023 and ending August 25, 2024, purchase on the Canadian Securities Exchange up to 2,559,458 common shares in total, representing approximately 5% of the Company’s issued and outstanding common shares.
  • The price which ThreeD will pay for any such shares will be the market price at the time of acquisition.
  • ThreeD previously repurchased for cancellation 821,000 common shares at an average price of approximately $0.479 per share pursuant to a normal course issuer bid that existed over a 12 month period expiring July 26, 2023.

ThreeD Capital Inc. Releases Results For the Three and Nine Months Ended March 31, 2023

Retrieved on: 
Friday, May 26, 2023
GAAP, NAV, Investment, Environment, Bank statement, Bank, EarthBound

Sheldon Inwentash, Chairman and CEO of ThreeD, stated “During the past nine months, the Company has maintained a net realized gain on the disposal of investments, while operating in unfavourable market conditions.

Key Points: 
  • Sheldon Inwentash, Chairman and CEO of ThreeD, stated “During the past nine months, the Company has maintained a net realized gain on the disposal of investments, while operating in unfavourable market conditions.
  • NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date.
  • The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies.
  • There is no comparable GAAP financial measure presented in ThreeD’s consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure.

ThreeD Capital Inc. Issues Early Warning Report in Connection with its Shareholdings of Birchtree Investments Ltd.

Retrieved on: 
Friday, March 31, 2023
Prospectus, EarthBound, Birchtree Mine, CSE, Canadian Securities Exchange, IDK, Investment, Security (finance)

TORONTO, March 31, 2023 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) announces that in connection with the filing of a Non-Offering Prospectus (the “Prospectus”) and listing of common shares (the “Listing”) of Birchtree Investments Ltd. (the “Company” or “Birchtree”) on the Canadian Securities Exchange.

Key Points: 
  • TORONTO, March 31, 2023 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) announces that in connection with the filing of a Non-Offering Prospectus (the “Prospectus”) and listing of common shares (the “Listing”) of Birchtree Investments Ltd. (the “Company” or “Birchtree”) on the Canadian Securities Exchange.
  • As a result of the completion of the Prospectus and Listing, ThreeD owns and has control and direction of an aggregate of 10,000,000 common shares of the Company (the “Subject Shares”).
  • Immediately prior to the Prospectus and Listing, ThreeD owned and controlled the Subject Shares representing approximately 12.9% of all issued and outstanding common shares of the Birchtree.
  • Immediately following the Prospectus and Listing, ThreeD continued to own and control the Subject Shares, representing approximately 12.9% of all issued and outstanding common shares of the Company .

ThreeD Capital Inc. Releases Results For the Three and Six Months Ended December 31, 2022

Retrieved on: 
Monday, February 27, 2023
Uncertainty, GAAP, Bank statement, Investment, NAV, Bank, EarthBound

Sheldon Inwentash, Chairman and CEO of ThreeD, stated “During the most recently completed quarter, the Company was able to realize gains on the disposal of investments, despite economic uncertainty and market volatility that continued throughout the six months ended December 31, 2022.

Key Points: 
  • Sheldon Inwentash, Chairman and CEO of ThreeD, stated “During the most recently completed quarter, the Company was able to realize gains on the disposal of investments, despite economic uncertainty and market volatility that continued throughout the six months ended December 31, 2022.
  • ThreeD has continued to take strategic positions in opportunistic investments that have proven to be beneficial to the Company during this period of uncertainty.
  • The term NAV does not have any standardized meaning according to GAAP and therefore may not be comparable to similar measures presented by other companies.
  • There is no comparable GAAP financial measure presented in ThreeD’s consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure.

ThreeD Capital Inc. Issues Early Warning Report in Connection with the Completion of $280,000 Convertible Debenture Investment in infinitii ai inc.

Retrieved on: 
Friday, February 10, 2023
EarthBound, Acquisition, Joint, Unit, IDK, CSE, Investment, Convertible, Exercise, Security (finance)

Each Subject Unit consists of one common share (each, a “Subject Convertible Share”) of the Company and one warrant for the purchase of one common share (each, a “Subject Convertible Warrant”).

Key Points: 
  • Each Subject Unit consists of one common share (each, a “Subject Convertible Share”) of the Company and one warrant for the purchase of one common share (each, a “Subject Convertible Warrant”).
  • As a result of the Acquisition, the percentage ownership held by ThreeD increased by 6.7% from the last early warning report filed in connection with the acquisition of infinitii shares, from which ThreeD reported a 14.7% ownership on a partially diluted basis, assuming the exercise of warrants held.
  • The Joint Actor did not hold any common shares or convertible securities of the Company.
  • The Joint Actor held only convertible debentures entitling the Joint Actor to acquire 1,000,0000 Subject Convertible Shares and 1,000,000 Subject Convertible Warrants, representing 0.0% of the issued and outstanding common shares of infinitii (or approximately 1.6% on a partially diluted basis, assuming exercise of Subject Debentures held).

ThreeD Capital Inc. Acquires Securities of Infinitii AI Inc.

Retrieved on: 
Thursday, December 15, 2022
Acquisition, Canadian Securities Exchange, EarthBound, News, Exercise, CSE, IDK, Investment, Security (finance)

TORONTO, Dec. 15, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of transactions ending on December 12, 2022 (the “Acquisition”), ThreeD acquired ownership and control of an aggregate of 1,400,000 common shares (the “Subject Shares”) of Infinitii AI Inc. (the “Company” or “Infinitii”).

Key Points: 
  • TORONTO, Dec. 15, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD”) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a series of transactions ending on December 12, 2022 (the “Acquisition”), ThreeD acquired ownership and control of an aggregate of 1,400,000 common shares (the “Subject Shares”) of Infinitii AI Inc. (the “Company” or “Infinitii”).
  • The Subject Shares represented approximately 1.1% of all issued and outstanding common shares of the Company at the time.
  • ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.
  • The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

ThreeD Capital Inc. Announces Unaudited November 30, 2022 Net Asset Value Per Share - $0.84

Retrieved on: 
Thursday, December 8, 2022
GAAP, Canadian Securities Exchange, Disclosure, CSE, EarthBound, News, NAV, IDK, Nature, Bank

TORONTO, Dec. 07, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at November 30, 2022, its unaudited net asset value per share (“NAV”) was $0.84.

Key Points: 
  • TORONTO, Dec. 07, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at November 30, 2022, its unaudited net asset value per share (“NAV”) was $0.84.
  • Use of Non-GAAP Financial Measures:
    This press release contains references to NAV or “net asset value per share” which is a non-GAAP financial measure.
  • NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date.
  • ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.

ThreeD Capital Inc. Releases Results For the Three Months Ended September 30, 2022

Retrieved on: 
Monday, November 28, 2022
Canadian Securities Exchange, NAV, Use, GAAP, News, Nature, Investment, EarthBound

While the value of the Companys equity investments decreased from the year ended June 30, 2022, ThreeD was still able to realize gains on the disposal of non-strategic investments during the most recently completed quarter.

Key Points: 
  • While the value of the Companys equity investments decreased from the year ended June 30, 2022, ThreeD was still able to realize gains on the disposal of non-strategic investments during the most recently completed quarter.
  • Use of Non-GAAP Financial Measures:
    This press release contains references to net asset value per share (NAV) which is a non-GAAP financial measure.
  • There is no comparable GAAP financial measure presented in ThreeDs consolidated financial statements and thus no applicable quantitative reconciliation for such non-GAAP financial measure.
  • ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.

ThreeD Capital Inc. Acquires Securities of Infinitii AI Inc.

Retrieved on: 
Thursday, November 10, 2022
GLOBE, CSE, IDK, Investment, EarthBound, Canadian Securities Exchange, Exercise, News, Time, Company, Acquisition, Ownership, Security (finance)

TORONTO, Nov. 09, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (ThreeD) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a recent acquisition (the Acquisition), ThreeD acquired ownership and control of an aggregate of 105,000 common shares (the Subject Shares) of Infinitii AI Inc. (the Company or Infinitii).

Key Points: 
  • TORONTO, Nov. 09, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (ThreeD) (CSE:IDK / OTCQX:IDKFF) a Canadian based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that through a recent acquisition (the Acquisition), ThreeD acquired ownership and control of an aggregate of 105,000 common shares (the Subject Shares) of Infinitii AI Inc. (the Company or Infinitii).
  • The Subject Shares represented approximately 0.1% of all issued and outstanding common shares of the Company at the time.
  • ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.
  • The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.

ThreeD Capital Inc. Announces Unaudited October 31, 2022 Net Asset Value Per Share - $0.85

Retrieved on: 
Tuesday, November 8, 2022
CSE, Mission statement, GLOBE, GAAP, News, EarthBound, IDK, NAV, Nature, Canadian Securities Exchange, Disclosure, Company, Bank

TORONTO, Nov. 07, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (ThreeD or the Company) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at October 31, 2022, its unaudited net asset value per share (NAV) was $0.85.

Key Points: 
  • TORONTO, Nov. 07, 2022 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (ThreeD or the Company) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, announces that at October 31, 2022, its unaudited net asset value per share (NAV) was $0.85.
  • Use of Non-GAAP Financial Measures:
    This press release contains references to NAV or net asset value per share which is a non-GAAP financial measure.
  • NAV is calculated as the value of total assets less the value of total liabilities divided by the total number of common shares outstanding as at a specific date.
  • ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors.