Convertible bond

HAVN Life Announces Financing Commitment of CAD$9,000,000 through the issuance of Convertible Debentures and Warrants

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星期四, 七月 21, 2022
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The Company has entered into a subscription agreement (the "Subscription Agreement") with Global Corporate Finance Opportunities 17 (the "Subscriber") that provides for the issuance of convertible debentures (each, a "Convertible Debenture") and common share purchase warrants (each, a "Warrant").

Key Points: 
  • The Company has entered into a subscription agreement (the "Subscription Agreement") with Global Corporate Finance Opportunities 17 (the "Subscriber") that provides for the issuance of convertible debentures (each, a "Convertible Debenture") and common share purchase warrants (each, a "Warrant").
  • HAVN Life intends to use the proceeds for general working capital purposes.
  • The first Tranche ("First Tranche") is expected to close on or about August 4, 2022 (the "First Closing Date").
  • In addition to the Debenture Commitment Fee, each Convertible Debenture will be issued for proceeds equal to 90% of the face value of the principal amount.

Puhui Wealth Investment Management Co., Ltd. Announces Financial Results for the Six Months Ended December 31, 2021

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星期五, 七月 1, 2022
Efficiency, Annual report, Omicron, USD, CEO, Common stock, Projection, GLOBE, Marketing, COVID-19, Company, Convertible bond, Industry, U.S. Securities and Exchange Commission, Forward-looking statement, Six Months Ago, VIE, Conversion, Form 6-K, Partnership, Investment, Security (finance), Australian Financial Review, Convertible, Debenture, Private Securities Litigation Reform Act, News, HNW, Cryptocurrency, Animal, Airline, Online gambling, Bank

BEIJING, China, July 01, 2022 (GLOBE NEWSWIRE) -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (Puhui or the Company), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (HNW) individuals and corporate clients, today announced its financial results for the six months ended December 31, 2021.

Key Points: 
  • BEIJING, China, July 01, 2022 (GLOBE NEWSWIRE) -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (Puhui or the Company), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (HNW) individuals and corporate clients, today announced its financial results for the six months ended December 31, 2021.
  • Revenuesfor the six months ended December 31, 2021 were $ 1,007,700, as compared to $596,981 in the same period of 2020.
  • The Company continues to add incremental HNW clientele, with new HNW clients transacting with Puhui totaling 59 for the six months ended December 31, 2021, as compared to 42 for the six months ended December 31, 2020.
  • Its net cash flow provided approximately $0.4 million cash for the six months ended December 31, 2021.

Bunker Hill Announces $15 Million Convertible Debt Financing

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星期一, 六月 20, 2022
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TORONTO, June 20, 2022 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the Company) (CSE: BNKR; OTCQB: BHLL) is pleased to announce the execution and closing of a new $15 million convertible debenture financing (the Series 2 Convertible Debentures) with Sprott Private Resources Streaming & Royalty Corp. (SRSR or Sprott).

Key Points: 
  • TORONTO, June 20, 2022 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (the Company) (CSE: BNKR; OTCQB: BHLL) is pleased to announce the execution and closing of a new $15 million convertible debenture financing (the Series 2 Convertible Debentures) with Sprott Private Resources Streaming & Royalty Corp. (SRSR or Sprott).
  • Sam Ash, CEO, stated We are very pleased to announce this new $15 million financing, representing an increase in our project finance package with Sprott to $66 million.
  • The Series 2 Convertible Debentures are convertible into shares of the Company at a share price of CAD 0.29 per share until the maturity date.
  • The Series 2 Convertible Debentures will be secured by the same security package that has been put in place to secure the $8 million Royalty Convertible Debenture and the aggregate $6 million Convertible Debentures (the Series 1 Convertible Debentures) that closed in January 2022.

DGAP-News: FRX INNOVATIONS INC. ANNOUNCES COMPLETION OF BUSINESS COMBINATION

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星期二, 五月 17, 2022
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FRX Innovations Inc. (formerly Good2GoRTO Corp.) (TSXV:FRXI) (FRXI or the Resulting Issuer) is pleased to announce the completion of the previously announced business combination transaction (the Business Combination) involving FRX Polymers, Inc. (FRX) as the Qualifying Transaction of the Resulting Issuer (as such term is defined within the meaning of Policy 2.4 of the TSX Venture Exchange (the Exchange).

Key Points: 
  • FRX Innovations Inc. (formerly Good2GoRTO Corp.) (TSXV:FRXI) (FRXI or the Resulting Issuer) is pleased to announce the completion of the previously announced business combination transaction (the Business Combination) involving FRX Polymers, Inc. (FRX) as the Qualifying Transaction of the Resulting Issuer (as such term is defined within the meaning of Policy 2.4 of the TSX Venture Exchange (the Exchange).
  • MergeCo will carry on the business previously carried on by FRX as a subsidiary of the Resulting Issuer.
  • Prior to the completion of the Business Combination, the Resulting Issuer completed: (i) a name change from Good2GoRTO Corp. to FRX Innovations Inc., and (ii) a share consolidation of its issued and outstanding capital on the basis of one post-consolidation Resulting Issuer Share for each 3.5 pre-consolidation Resulting Issuer Shares (the Consolidation).
  • Upon completion of the Business Combination, there were 80,003,312 Resulting Issuer Shares and 3,436,513 Resulting Issuer Warrants issued and outstanding.

Prospera Energy Inc. Announces Corporate Update

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星期四, 四月 28, 2022
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CALGARY, Alberta, April 28, 2022 (GLOBE NEWSWIRE) -- Prospera Energy Inc (TSX.V: PEI, OTC: GXRFF, FRA: OF6B) (PEI) is pleased to provide its shareholders with the following corporate update summarizing the significant milestones achieved over the past 1.3 years.

Key Points: 
  • CALGARY, Alberta, April 28, 2022 (GLOBE NEWSWIRE) -- Prospera Energy Inc (TSX.V: PEI, OTC: GXRFF, FRA: OF6B) (PEI) is pleased to provide its shareholders with the following corporate update summarizing the significant milestones achieved over the past 1.3 years.
  • In 2018, these three assets were divested to a junior company, Prospera Energy (Georox Resources), and various joint venture partners.
  • Prospera is a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in Western Canada.
  • Prospera will use its experience to develop, acquire and drill assets with potential for primary and secondary recovery.

Prospera Energy Inc. Corporate Update

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星期四, 四月 28, 2022
FRA, ESG, Permeability, Program, CEO, TSX, Director, Pressure, Economics, API, GLOBE, OOIP, Frack Off, PEI, Saskatchewan Oil & Gas Corporation, Growth, OTC, Drainage, RADIUS, Mission statement, Acquisition, Oportunidades, Convertible bond, Barrel, GXE, CNOOC Petroleum North America ULC, Cona, Board, EV, Industry, Universal Life Church, False equivalence, LOI, 3D, Equity, Maintenance, Oil, High-performance plastics, Risk management, Natural gas, Recycling, Gear

CALGARY, Alberta, April 27, 2022 (GLOBE NEWSWIRE) -- Prospera Energy Inc (TSX.V: PEI, OTC: GXRFF, FRA: OF6B) (PEI) is pleased to provide its shareholders with the following corporate update summarizing the significant milestones achieved over the past 1.3 years.

Key Points: 
  • CALGARY, Alberta, April 27, 2022 (GLOBE NEWSWIRE) -- Prospera Energy Inc (TSX.V: PEI, OTC: GXRFF, FRA: OF6B) (PEI) is pleased to provide its shareholders with the following corporate update summarizing the significant milestones achieved over the past 1.3 years.
  • In 2018, these three assets were divested to a junior company, Prospera Energy (Georox Resources), and various joint venture partners.
  • Prospera is a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in Western Canada.
  • Prospera will use its experience to develop, acquire and drill assets with potential for primary and secondary recovery.

DGAP-News: GLOBAL FASHION GROUP DELIVERS 23% NMV GROWTH IN Q1 2022

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星期二, 四月 26, 2022
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EBITDA Margin (3.2)% (Q1/21: (3.8)%)

Key Points: 
  • EBITDA Margin (3.2)% (Q1/21: (3.8)%)
    Christoph Barchewitz and Patrick Schmidt, Co-CEOs of GFG, said:
    "We release our Q1 2022 results in difficult times.
  • While this context has made for an unsettling start to the year, our team has delivered good Q1 results.
  • Our customer and financial metrics continued to develop positively and we remain confident in achieving our long-term strategy as the leading fashion & lifestyle destination in growth markets."
  • Conversely, ANZ benefitted from the lifting of restrictions and the growth in "going out" categories delivering strong NMV growth of 28%.

Sugarbud Announces Amended Terms of Marketed Public Offering of Convertible Debenture Units

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星期五, 四月 22, 2022
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CALGARY, Alberta, April 22, 2022 (GLOBE NEWSWIRE) -- Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.WT, SUGR.WS, SUGR.WR, SUGR.DB) (OTCQB: SBUDF) ("Sugarbud" or the "Company") announces that it has agreed to amend the terms of its previously announced marketed public offering (the “Offering”) of convertible debenture units (each a "Debenture Unit") to: (i) lower the conversion price at which the convertible debentures of the Company (each a “Convertible Debenture”) are convertible into common shares of the Company (“Common Shares”) from $1.29 to $1.00 per Common Share, representing the closing market price of the Common Shares on April 21, 2022, (ii) lower the exercise price at which the Common Share purchase warrants of the Company (each a “Warrant”) will be exercisable from $1.29 to $1.00 per Warrant, (iii) revise the number of warrants per Debenture Unit from 775 Warrants to 1,000 Warrants, (iv) revise the frequency of interest payment dates such that interest payments will be payable semi-annually, rather than quarterly, (v) revise the make-whole provision such that, upon conversion of the Convertible Debentures, the Effective Interest (as defined herein) shall be payable in units of the Company (each a “Unit”), each such Unit consisting of one Common Share and one Warrant. Each Warrant underlying a Unit will entitle the holder thereof to acquire one Common Share at an exercise price equal to the daily volume weighted average trading price for the 20 trading days preceding the date of the conversion election, at any time up to 5 years following the date of such election, and (v) make the Convertible Debentures subordinate to the outstanding convertible debentures of the Company issued in June 2020 in the principal amount of $138,000. The remainder of the terms of the Offering continue without further amendment. The Offering is being led by Research Capital Corporation as the sole agent and sole bookrunner (the “Agent”).

Key Points: 
  • The Offering is being led by Research Capital Corporation as the sole agent and sole bookrunner (the Agent).
  • Each Debenture Unit will consist of: (i) one 12.0% secured Convertible Debenture; and (ii) 1,000 Warrants.
  • The Convertible Debentures will mature 5 years from the closing of the Offering (the "Maturity Date") and the principal amount of the Debenture will be repaid in cash only.
  • The principal amount of each Convertible Debenture will be convertible into Common Shares at the option of the holder at a conversion price equal to $1.00.

Renalytix announces a $30.0 million financing package

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星期四, 三月 31, 2022
Directive 2014/65/EU, Company, Private Securities Litigation Reform Act, FCA, Disclaimer, NASDAQ, Sale, Reference, Floor, ICP, Annual report, FP, ADS, Convertible bond, SEC, Hello Chapter 3: Hello, Strange Time, U.S. Securities and Exchange Commission, Intelligence, Convertible, Atlantic Ocean, Stifel, Settlement, Investment, New, Prejudice, COVID-19, Conversion, Trust, VWAP, Form 20-F, Security (finance), Bookkeeping, Copper, Ceramic, Carpet, ADSS

NEW YORK and SALT LAKE CITY, March 31, 2022 (GLOBE NEWSWIRE) -- Renalytix Plc (NASDAQ: RNLX) (LSE: RENX) announces pricing of a $30.0 million financing package (the “Fundraise”).

Key Points: 
  • Harwood Capital LLP is Investment Manager to North Atlantic Smaller Companies Investment Trust plc and investment adviser to Oryx International Growth Fund Limited.
  • All references to times and dates in this announcement are to times and dates in London, United Kingdom, unless otherwise stated.
  • Note: This announcement assumes a : $ exchange rate of 1 : 1.315 on 30 March 2022.
  • In all circumstances Stifel will only procure investors who meet the criteria of professional clients and eligible counterparties.

Sugarbud Announces Upsize and Amended Terms of Marketed Public Offering of Convertible Debenture Units with Investor Make-Whole

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星期三, 三月 30, 2022
TSX Venture Exchange, Convertible, Offering, Warrant, HVAC, Adult, Lighting, Contract, Time, GLOBE, Vehicle registration plates of the Netherlands, Debenture, Sale, Marketing, Supplement, SEDAR, Person, Indian stock exchange, Finance Secretary (India), Legislation, ROSE, Federal Credit Union Act, Convertible bond, CAD, Awareness, Social media, Patient, FOR, Company, Exercise, Western Canada, NOT, News, Security (finance), Drug

CALGARY, Alberta, March 30, 2022 (GLOBE NEWSWIRE) -- Sugarbud Craft Growers Corp. (TSXV: SUGR, SUGR.WT, SUGR.WS, SUGR.WR, SUGR.DB) (OTCQB: SBUDF) ("Sugarbud" or the "Company") announces that it has agreed to amend the terms of its previously announced marketed public offering (the “Offering”) of convertible debenture units (each a "Debenture Unit") to: (i) lower the conversion price at which the convertible debentures of the Company (each a “Convertible Debenture”) are convertible into common shares of the Company (“Common Shares”) from $1.39 to $1.29 per Common Share, representing the closing market price of the Common Shares on March 30, 2022; (ii) lower the exercise price at which the Common Share purchase warrants of the Company (each a “Warrant”) will be exercisable from $1.39 to $1.29 per Warrant, (iii) revise the number of warrants per Debenture Unit from 719 Warrants to 775 Warrants, (iv) provide the Company an option, at their sole discretion, to pay the interest of the Convertible Debentures in Common Shares or cash, and (v) increase the size of the Offering to up to $3,000,000 in gross proceeds to the Company (which is expected to include management and/or insider participation) and also grant the Agent (as defined herein) the option to increase the size of the Offering by an additional 15%. The Company has also agreed to use commercially reasonable efforts to obtain the necessary approvals to list the Convertible Debentures and the Warrants on the TSX Venture Exchange (the "TSXV"). The remainder of the terms of the Offering continue without further amendment. The Offering is being led by Research Capital Corporation as the sole agent and sole bookrunner (the “Agent”).

Key Points: 
  • Each Debenture Unit will consist of: (i) one 12.0% secured Convertible Debenture; and (ii) 775 Warrants.
  • The Convertible Debentures will mature 5 years from the closing of the Offering (the "Maturity Date") and the principal amount of the Debenture will be repaid in cash only.
  • The principal amount of each Convertible Debenture will be convertible into Common Shares at the option of the holder at a conversion price equal to $1.29.
  • The Convertible Debentures and Secured Notes shall rank equally with the outstanding convertible debentures of the Company issued in June 2020.