Warrant

United Lithium Announces $2 Million Private Placement and Repricing of Warrants

Retrieved on: 
Tuesday, March 26, 2024
Lithium, Trigger, Offering, Warrant, News, Person, Unit, Security (finance)

The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.

Key Points: 
  • The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S.
  • Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S.
  • The Company also announces that it will amend the exercise price of a total of 16,666,667 previously issued Share purchase warrants (the “Repriced Warrants”).
  • Subject to the consent of the holders of the Repriced Warrants, the Company will reduce the exercise price of the Repriced Warrants to $0.50 per Share.

Asep Joint Venture Company, SepSMART, obtains Business License and is Formally Registered in China

Retrieved on: 
Friday, April 5, 2024
Warrant

VANCOUVER, BC, April 5, 2024 /PRNewswire/ - Asep Medical Holdings Inc. ("Asep" or the "Company") (CSE: ASEP) (OTCQB: SEPSF) (FSE: JJ8) is very pleased to announce that its joint venture company with leading Chinese biotech company Sansure Biotech Inc. ("Sansure"), Hunan Sanway SepSMART Ltd. ("SepSMART"), which is based in Changsha, China, has obtained its business license and is now formally registered in China, which marks the final step for completion of the definitive joint venture agreement (the "JV Agreement") signed on October 27, 2023.

Key Points: 
  • VANCOUVER, BC, April 5, 2024 /PRNewswire/ - Asep Medical Holdings Inc. ("Asep" or the "Company") (CSE: ASEP) (OTCQB: SEPSF) (FSE: JJ8) is very pleased to announce that its joint venture company with leading Chinese biotech company Sansure Biotech Inc. ("Sansure"), Hunan Sanway SepSMART Ltd. ("SepSMART"), which is based in Changsha, China, has obtained its business license and is now formally registered in China, which marks the final step for completion of the definitive joint venture agreement (the "JV Agreement") signed on October 27, 2023.
  • Formal registration of SepSMART with the applicable regulatory body in China was a condition precedent of the JV Agreement and triggers the issuance of 3,000,000 performance warrants (the "Performance Warrants") to Sansure or its designated nominees pursuant to the warrant purchase agreement, subject to the required approvals and compliance with applicable securities laws and stock exchange policies.
  • Each Performance Warrant is exercisable into one common share of Asep at an exercise price of $1.00 per common share for a period of one year from date of issuance.
  • The Performance Warrants and underlying common shares are subject to a hold period expiring four months and one day from the date of issuance.

BioXcel Therapeutics Announces $25 Million Registered Direct Offering

Retrieved on: 
Monday, March 25, 2024
Common stock, Warrant, Exercise, Form, Artificial intelligence, Sale, Share (finance), Therapy, Security (finance)

The Pre-Funded Warrants have an exercise price of $0.001 per share of Common Stock and are exercisable at any time after the date of issuance, subject to certain ownership limitations.

Key Points: 
  • The Pre-Funded Warrants have an exercise price of $0.001 per share of Common Stock and are exercisable at any time after the date of issuance, subject to certain ownership limitations.
  • The offering is expected to close on March 27, 2024, subject to customary closing conditions.
  • Since the offering was made without an underwriter or a placement agent, the Company will not be paying any underwriting discounts or placement agent fees in connection with the offering.
  • The Shares, Pre-Funded Warrants and Accompanying Warrants were offered pursuant to a shelf registration statement on Form S-3 (File No.

ReconAfrica Announces Upsize of Bought-Deal Public Offering to C$15 Million

Retrieved on: 
Friday, March 22, 2024
Indian stock exchange, TSX Venture Exchange, Offering, Warrant, Sale, Exercise, NOT, Person, Security (finance)

VANCOUVER, British Columbia, March 22, 2024 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt : 0XD) is pleased to announce that it has entered into an amended agreement with Research Capital Corporation as the sole bookrunner and lead underwriter, on behalf of a syndicate of underwriters (collectively, the “Underwriters”) to increase the size of its previously announced bought-deal public offering, pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 16,666,700 units of the Company (the “Units”) at a price of C$0.90 per Unit for aggregate gross proceeds to the Company of C$15,000,030 (the "Offering").

Key Points: 
  • Each Unit shall be comprised of one common share of the Company (a "Common Share") and one common share purchase warrant of the Company (a "Warrant").
  • Each Warrant shall entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at an exercise price of C$1.15 at any time up to 24 months from the closing of the Offering.
  • Any unexercised Warrants shall automatically expire at the end of the Accelerated Exercise Period.
  • The net proceeds from the Offering will be used for exploration and development activities, working capital and other general corporate purposes.

POET Technologies Announces Intention to Amend Warrant Terms

Retrieved on: 
Friday, March 22, 2024
Indian stock exchange, TSX Venture Exchange, Exchange, Acceleration, The, Warrant, News, Die (integrated circuit), POET, Programmable interrupt controller, Amendment, Calendar, PTK, Security (finance)

Each Warrant is currently exercisable by the holder thereof to acquire one common share of the Corporation (each, a "Common Share") at an exercise price of C$4.95 (US$3.61) per Common Share until December 2, 2025.

Key Points: 
  • Each Warrant is currently exercisable by the holder thereof to acquire one common share of the Corporation (each, a "Common Share") at an exercise price of C$4.95 (US$3.61) per Common Share until December 2, 2025.
  • In accordance with the terms of the Warrants and the policies of the Exchange, the Corporation must obtain the consent of all holders of Warrants in order to give effect to the Amendments.
  • Upon the Amendments becoming effective, each Warrant will be exercisable until 5:00 p.m. (Toronto time) on December 2, 2025, at an exercise price of C$1.80 (US$1.33) per Common Share.
  • The amended warrant terms remain subject to the final acceptance of the Exchange.

Cerro de Pasco Resources Secures Funds for Easement to Start Drilling Program on its “El Metalurgista” Mining Concession in Peru

Retrieved on: 
Friday, March 22, 2024
Qiwllaqucha, Mine, Offering, Supreme, PB, SOL, CDPR, Warrant, FRA, Sale, News, Expiration date, Nature, National instrument, Share (finance), Easement, Acceleration, AG, Unit, Ministry, CAD, Mining, Person, Security (finance)

MONTRÉAL, March 22, 2024 (GLOBE NEWSWIRE) -- Cerro de Pasco Resources Inc. (CSE: CDPR) (OTCPK: GPPRF) (FRA: N8HP) (“CDPR” or the “Corporation”) is pleased to announce that it has secured the funds to cover the fee payable in relation to the Legal Easement (the “Easement”). Upon publication of the Supreme Resolution granting the Easement, CDPR will pay SOL 3,647,402.44 or approximately CAD 1,350,000 to a specific bank account of Banco de la Nacion. The two-year Easement will provide CDPR with access to the surface areas corresponding to its El Metalurgista Concession and the Quiulacocha Tailings Project, enabling the Corporation to initiate its 40-hole drilling campaign.

Key Points: 
  • At this time, we are not aware of any additional requirement that should be met for the granting of the easement and no further delays are expected.
  • With the Minister himself reiterating full support, the signature of the Supreme Resolution is expected imminently.
  • The enforceability of these rights has been formally confirmed by the General Mining Bureau of Peruvian Ministry of Energy and Mines.
  • The Quiulacocha Tailings Storage Facility is comprised of processing residues that came from the Cerro de Pasco open pit and underground mine.

ReconAfrica Announces C$10 Million Bought-Deal Public Offering

Retrieved on: 
Friday, March 22, 2024
Indian stock exchange, TSX Venture Exchange, Offering, Warrant, Sale, Exercise, NOT, Person, Security (finance)

VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) ( Frankfurt : 0XD) is pleased to announce that it has entered into an agreement with Research Capital Corporation as the sole bookrunner and lead underwriter, on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 11,112,000 units of the Company (the “Units”) at a price of C$0.90 per Unit for aggregate gross proceeds to the Company of C$10,000,800 (the "Offering").

Key Points: 
  • Each Unit shall be comprised of one common share of the Company (a "Common Share") and one common share purchase warrant of the Company (a "Warrant").
  • Each Warrant shall entitle the holder thereof to purchase one Common Share (a “Warrant Share”) at an exercise price of C$1.15 at any time up to 24 months from the closing of the Offering.
  • The net proceeds from the Offering will be used for exploration and development activities, working capital and other general corporate purposes.
  • Copies of the base shelf prospectus and any supplement thereto to be filed in connection with the Offering, are and will be available under the Company’s profile on SEDAR+ at www.sedarplus.ca .

AM Resources Acquires Significant Land Package in the Austrian Pegmatite Belt

Retrieved on: 
Thursday, March 21, 2024
Element, Mining, Geology, Staurolite, Warrant, TMX Group, Acquisition, Leucogranite, Mineral, AMR, Plant, TSX, European, Wolfsberg, Government, Gneiss, Lithium

Newly acquired 1,500 km2 land package gives AM Resources control over a large area of the Austrian Pegmatite Belt.

Key Points: 
  • Newly acquired 1,500 km2 land package gives AM Resources control over a large area of the Austrian Pegmatite Belt.
  • New land package includes the Frederick Property, where 112 pegmatites were identified over an area of 52.25 km2.
  • The newly acquired land is located in the Austrian Pegmatite Belt within the Austroalpine Nappes, known for its geological diversity and rich mineral endowment.
  • This property demonstrates the exceptional potential of the Austrian Pegmatite Belt.

Spectaire Closes $2.0 Million Equity Investment

Retrieved on: 
Thursday, March 21, 2024
Warrant, Sale

WATERTOWN, Mass., March 21, 2024 (GLOBE NEWSWIRE) -- Spectaire Holdings Inc. (NASDAQ: SPEC) (“Spectaire”) has announced that it has closed a $2.0 million private placement with True Remainders Ltd. for the sale and issuance of (i) an aggregate of 1,538,461 shares of Spectaire common stock, and (ii) an accompanying warrant to purchase up to 1,538,461 shares of Spectaire common stock (the “Warrant”) at an exercise price of $1.30 per share.

Key Points: 
  • WATERTOWN, Mass., March 21, 2024 (GLOBE NEWSWIRE) -- Spectaire Holdings Inc. (NASDAQ: SPEC) (“Spectaire”) has announced that it has closed a $2.0 million private placement with True Remainders Ltd. for the sale and issuance of (i) an aggregate of 1,538,461 shares of Spectaire common stock, and (ii) an accompanying warrant to purchase up to 1,538,461 shares of Spectaire common stock (the “Warrant”) at an exercise price of $1.30 per share.
  • The Warrant is immediately exercisable and may be exercised at any time until March 18, 2027.
  • “I am a long-term shareholder and believe in the future of Spectaire,” said John Hultink, founder of True Remainders.
  • I look forward to continuing to support Spectaire as the company progresses.”
    “John is a valued partner, and we welcome his investment, which enables us to increase our manufacturing capacity to address growing demand,” says Brian Semkiw, CEO of Spectaire.

Movella Announces Voluntary Delisting from Nasdaq

Retrieved on: 
Wednesday, March 20, 2024
Common stock, MVLA, Warrant, WalletHub, Software, Security (finance), Section, OTC, Movement

HENDERSON, Nev., March 20, 2024 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella” or the “Company”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced today that it has notified the Nasdaq Stock Market LLC (“Nasdaq”) of its decision to voluntarily delist its shares of common stock, par value $0.00001 per share (the “Common Stock”) and its warrants exercisable for one share of Common Stock at an exercise price of $11.50 (the “Warrants”) from the Nasdaq Global Market.

Key Points: 
  • HENDERSON, Nev., March 20, 2024 (GLOBE NEWSWIRE) -- Movella Holdings Inc. (NASDAQ: MVLA) (“Movella” or the “Company”), a leading full-stack provider of sensors, software, and analytics that enable the digitization of movement, announced today that it has notified the Nasdaq Stock Market LLC (“Nasdaq”) of its decision to voluntarily delist its shares of common stock, par value $0.00001 per share (the “Common Stock”) and its warrants exercisable for one share of Common Stock at an exercise price of $11.50 (the “Warrants”) from the Nasdaq Global Market.
  • Movella will remain subject to such reporting obligations under Sections 13 and 15(d) of the Exchange Act.
  • Following the delisting of Movella’s Common Stock and Warrants from trading on Nasdaq, any trading in such securities would only occur in privately negotiated sales and potentially on an over-the-counter market.
  • Movella expects to have its Common Stock and Warrants quoted on a market operated by OTC Markets Group Inc. (the “OTC”) so that a trading market may continue to exist for such securities.