Amendment | Jotup

Osisko Development Amends US$50 Million Credit Facility

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星期一, 六月 10, 2024

National Bank of Canada, National bank, Line of credit, ODV, Credit, Amendment, Security (finance)

MONTREAL, June 10, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces it has entered into an amending agreement to the credit agreement (the "Amendment") with National Bank of Canada (the "Lender") made as of March 1, 2024 providing for a US$50 million delayed draw term loan (the "Credit Facility"), through its wholly-owned subsidiary, Barkerville Gold Mines Ltd. ("Barkerville").

Key Points:

MONTREAL, June 10, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces it has entered into an amending agreement to the credit agreement (the "Amendment") with National Bank of Canada (the "Lender") made as of March 1, 2024 providing for a US$50 million delayed draw term loan (the "Credit Facility"), through its wholly-owned subsidiary, Barkerville Gold Mines Ltd. ("Barkerville").
An 8-month extension to the maturity date of the Credit Facility to October 31, 2025 (from March 1, 2025).
There are no other material changes to the term of the Credit Facility.
For more details on the Credit Facility, please refer to the full text of the original credit agreement dated March 1, 2024, available on SEDAR+ ( www.sedarplus.ca ) under the Company's issuer profile.

Novo Integrated Sciences and RC Consulting Consortium Group Amend $70,000,000 Promissory Note

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星期一, 六月 3, 2024

Health, Telemedicine, Virtual Medicine, Practice Management, Health Technology, Other Health, Managed Care, General Health, Note, Amendment, RC, Lifting

Robert Mattacchione, the Company’s CEO and Board Chairman, stated, “The opportunity to equitize up to 50% of the debt represented by the RC Note at a significant premium further reinforces the significance of this funding potential to the Company.

Key Points:

Robert Mattacchione, the Company’s CEO and Board Chairman, stated, “The opportunity to equitize up to 50% of the debt represented by the RC Note at a significant premium further reinforces the significance of this funding potential to the Company.
It is clear that RC believes strongly in the Company’s growth objectives, as well as in the Company as a long-term investment opportunity.
The exclusive nature of the conversion right held by the Company preserves the non-dilutive benefit of the RC Note present from the onset.
This amendment leaves the Company in a strategically advantageous position, both short and long term, post closing of the RC Note transaction.”

Cansortium and RIV Capital Announce Business Combination

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星期四, 五月 30, 2024

TAMPA, Fla., May 30, 2024 (GLOBE NEWSWIRE) -- Cansortium Inc. (CSE: TIUM.U) (OTCQB: CNTMF) (“Cansortium”), a vertically integrated, multi-state cannabis company operating under the FLUENT™ brand, and RIV Capital Inc. (CSE: RIV) (OTC: CNPOF) (“RIV Capital”), a vertically integrated cannabis company operating the EtainTM brand in New York, are pleased to announce that they have entered into a definitive arrangement agreement (the “Arrangement Agreement”) pursuant to which Cansortium will acquire all of the issued and outstanding Class A common shares (the “RIV Capital Shares”) of RIV Capital in exchange for Cansortium Shares (as defined below) (the “Transaction”).

Key Points:

Under the terms of the Arrangement Agreement, RIV Capital shareholders (the “RIV Capital Shareholders”) will receive 1.245 of a common share of Cansortium (the “Cansortium Shares”) in exchange for each RIV Capital Share held.
The Transaction has been unanimously approved by the boards of directors of Cansortium (the “Cansortium Board”) and RIV Capital (the “RIV Capital Board”).
The RIV Capital Board has unanimously determined, after receiving financial and legal advice along with the Independent Fairness Opinion (as defined below) and following the receipt and review of a unanimous recommendation of the RIV Capital Strategic Growth Committee, that the Transaction is in the best interests of RIV Capital and is fair to the RIV Capital Shareholders and the RIV Capital Board recommends that the RIV Capital Shareholders vote in favor of the Transaction.
In connection with the Transaction, RIV Capital US Corporation (“RIV Capital US”), a wholly-owned subsidiary of RIV Capital, has agreed to advance to Cansortium an interest-bearing bridge loan up to an aggregate principal amount of US$8,975,000 (the “Bridge Loan”).

ALX Resources Corp. Amends Hook-Carter Uranium Project Joint Venture Agreement with Denison Mines - Exploration Planned for 2024

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星期四, 五月 23, 2024

Denison Mines, NexGen, Uranium, MUFG Union Bank, ALX, Derksen, OTC, Amendment, Fission, Triple, Project, Arrow, Uranium mining

On October 16, 2016, ALX and Denison entered into a purchase agreement (the "Original Agreement"), whereby ALX sold an 80% interest in the Project in exchange for 7.5 million shares of Denison.

Key Points:

On October 16, 2016, ALX and Denison entered into a purchase agreement (the "Original Agreement"), whereby ALX sold an 80% interest in the Project in exchange for 7.5 million shares of Denison.
ALX retained a 20% interest in Hook-Carter, and Denison agreed to fund ALX's share of the first $12.0 million of expenditures.
"ALX is very pleased to work with Denison to develop new drill targets at Hook-Carter," said Warren Stanyer, CEO and Chairman of ALX.
The Amendment creates a pathway to accelerate exploration activity on this highly-prospective project for mutual benefit of the partners following a period of limited activity."

Castor Maritime Inc. Extends Tender Offer to Purchase its Outstanding Common Share Purchase Warrants Issued on April 7, 2021

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星期四, 五月 16, 2024

Letter, Schedule, Attention, CTRM, Amendment, Warrant

LIMASSOL, Cyprus, May 16, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces today that it has extended the expiration date of its previously announced tender offer (the “Offer”) to purchase all of its outstanding Common Share Purchase Warrants issued on April 7, 2021 (the “Warrants”).

Key Points:

LIMASSOL, Cyprus, May 16, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces today that it has extended the expiration date of its previously announced tender offer (the “Offer”) to purchase all of its outstanding Common Share Purchase Warrants issued on April 7, 2021 (the “Warrants”).
The Offer is now scheduled to expire at 5:00 P.M. Eastern Time on May 31, 2024, unless further extended.
The Offer was previously scheduled to expire at 5:00 P.M. Eastern Time on May 20, 2024.
The Offer is only being made pursuant to the Offer to Purchase and related Letter of Transmittal filed as a part of the Schedule TO.

Capital Southwest Announces Financial Results for Fourth Fiscal Quarter and Fiscal Year Ended March 31, 2024 and Announces Total Dividends of $0.63 per share for the Quarter Ending June 30, 2024

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星期二, 五月 14, 2024

During the quarter ended March 31, 2024, the Company received full prepayments on two debt investments totaling $13.7 million.

Key Points:

During the quarter ended March 31, 2024, the Company received full prepayments on two debt investments totaling $13.7 million.
For the quarter ended March 31, 2024, Capital Southwest reported total investment income of $46.4 million, compared to $48.6 million in the prior quarter.
For the quarter ended March 31, 2024, total operating expenses (excluding interest expense) were $5.2 million, compared to $7.3 million in the prior quarter.
Capital Southwest has scheduled a conference call on Wednesday, May 15, 2024, at 11:00 a.m. Eastern Time to discuss the fourth quarter 2024 financial results.

Staples, Inc. Announces Early Exchange Results of Exchange Offer for Outstanding 10.75% Senior Notes due 2027 and Consent Solicitation and Changes to the Late Exchange Consideration

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星期四, 五月 23, 2024

Such CUSIP numbers and ISINs are provided solely for the convenience of the Eligible Holders of Old Notes.

Key Points:

Such CUSIP numbers and ISINs are provided solely for the convenience of the Eligible Holders of Old Notes.
The Early Exchange Consideration and the Late Exchange Consideration, as applicable, will be paid on the Settlement Date.
The Exchange Notes will only be issued in minimum principal denominations of $2,000 and integral multiples of $1.00 in excess thereof.
King & Co., Inc. has been appointed as the exchange agent and information agent for the Exchange Offer and Consent Solicitation.

Lobe Sciences Ltd. and Clearway Global Announce Change of Control and Focus on Creating Value for Shareholders

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星期二, 五月 21, 2024

Infectious Diseases, Biotechnology, Pharmaceutical, Health, Member, News, Research, Acquisition, Amendment, Annual general meeting, Security (finance)

Clearway has been providing scientific support to the Company for the past three years.

Key Points:

Clearway has been providing scientific support to the Company for the past three years.
In consideration for the disposition of its interest in Altemia, the Selling Members acquired an aggregate of 76,000,000 Shares.
Clearway entered into an independent contractor agreement with the Company dated March 23, 2021, as amended September 28, 2023 (the “Consulting Agreement”).
“I’m looking forward to working closely with Clearway and its entrepreneurial leadership,” states Phillip Young, Chairman and Chief Executive Officer of Lobe.

SSR Mining Provides Update on Proxy Statement

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星期五, 五月 17, 2024

Mining, Minerals, Natural Resources, Toronto Stock Exchange, SSRM, Shareholder, Special, Change, Indian stock exchange, Annual, Amendment, Proxy, SSR, Control, Incumbent

On May 15, 2024, SSR Mining Inc. (Nasdaq/TSX: SSRM; ASX: SSR) (“SSR Mining” or the “Company”) filed an amendment (the “Amendment”) to the Company’s Proxy Statement dated April 12, 2024 (the “Proxy Statement”) for its Annual and Special Meeting of Shareholders to be held on May 23, 2024 (the "Annual and Special Meeting").

Key Points:

On May 15, 2024, SSR Mining Inc. (Nasdaq/TSX: SSRM; ASX: SSR) (“SSR Mining” or the “Company”) filed an amendment (the “Amendment”) to the Company’s Proxy Statement dated April 12, 2024 (the “Proxy Statement”) for its Annual and Special Meeting of Shareholders to be held on May 23, 2024 (the "Annual and Special Meeting").
The purpose of the Amendment is to supplement and amend Proposal No.
3 of the Proxy Statement, specifically, to amend the definition of “Change of Control” included in Section 2.1(k) of the Company’s 2024 Share Compensation Plan (the “Plan”) by deleting subclause (vi) of the definition based on the recommendation of certain proxy advisors following their review of the Plan presented in the Proxy Statement.
None of the other agenda items presented in the Proxy Statement are affected by the amendment.

Ontrak Health Announces 2024 First Quarter Financial Results

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星期二, 五月 14, 2024

Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and technology-enabled behavioral healthcare company, today reported its financial results for the first quarter ended March 31, 2024.

Key Points:

Ontrak, Inc. (NASDAQ: OTRK) (“Ontrak” or the “Company”), a leading AI-powered and technology-enabled behavioral healthcare company, today reported its financial results for the first quarter ended March 31, 2024.
Operating loss for the first quarter of 2024 was $(4.3) million compared to an operating loss of $(7.2) million for the same period in 2023.
Adjusted EBITDA for the first quarter of 2024 was $(3.4) million compared to adjusted EBITDA of $(5.4) million for the same period in 2023.
In May 2024, the Company announced that the Florida Agency for Healthcare Administration approved Ontrak Health as a subcontractor for a prominent regional Medicaid health plan for our Wholehealth+, Ontrak Engage and Ontrak Access solutions.