TSC Industries, Inc. v. Northway, Inc.

Almonty Placement of Common Share Units and CDI’s raises C$500,000, US$733,333 and A$550,000

Retrieved on: 
Friday, October 6, 2023

Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that the Company has received firm commitments to raise gross proceeds of C$500,000, US$733,333 and A$550,000 via the issuance of 3,333,333 Placement Units and 1,078,433 million Placement Chess Depository Interests Units (“CDIs”) at C$0.45 per Placement Unit, US$0.33 per Placement Unit and A0.51 per CDI Unit (“Placement”).

Key Points: 
  • Almonty Industries Inc. (“Almonty” or the “Company”) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that the Company has received firm commitments to raise gross proceeds of C$500,000, US$733,333 and A$550,000 via the issuance of 3,333,333 Placement Units and 1,078,433 million Placement Chess Depository Interests Units (“CDIs”) at C$0.45 per Placement Unit, US$0.33 per Placement Unit and A0.51 per CDI Unit (“Placement”).
  • Lewis Black, the Company’s CEO will be investing C$500,000 and Dan D’Amato, a director of the Company, will be investing US$366,666.63 towards the Placement Units to be issued.
  • The Placement Units and Placement CDI’s issued will rank equally with existing CDI’s and Common Shares on issue.
  • Lewis Black, CEO of the Company, and Daniel D’Amato, a Director of the Company, will be subscribing for Units in the Private Placement.

Hawaiian Electric Industries, Inc. Investors: Company Investigated by the Portnoy Law Firm

Retrieved on: 
Monday, August 14, 2023

LOS ANGELES, Aug. 14, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Hawaiian Electric Industries, Inc. (NYSE: HE) (“Hawaiian Electric”) investors that the firm has initiated an investigation into whether Hawaiian Electric issued false and misleading statements to investors.

Key Points: 
  • LOS ANGELES, Aug. 14, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Hawaiian Electric Industries, Inc. (NYSE: HE) (“Hawaiian Electric”) investors that the firm has initiated an investigation into whether Hawaiian Electric issued false and misleading statements to investors.
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
  • On August 14, 2023, Hawaiian Electric Industries Inc. plunged on concern that its power lines may be linked to the deadly Maui wildfires.
  • The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing.

Insteel Industries Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, August 15, 2023

Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on September 29, 2023, to shareholders of record as of September 15, 2023.

Key Points: 

Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on September 29, 2023, to shareholders of record as of September 15, 2023.

Insteel Industries Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, May 16, 2023

Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on June 30, 2023, to shareholders of record as of June 16, 2023.

Key Points: 

Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on June 30, 2023, to shareholders of record as of June 16, 2023.

Decisive Dividend Corporation Announces Acquisition of Three Businesses and Concurrent Bought Deal Equity Financing

Retrieved on: 
Wednesday, April 5, 2023

KELOWNA, British Columbia, April 05, 2023 (GLOBE NEWSWIRE) -- Decisive Dividend Corporation (TSX-V: DE) (the “Corporation” or “Decisive”) is pleased to announce the acquisition (the “Acquisitions”) of three businesses for $17.2 million in aggregate proceeds.

Key Points: 
  • KELOWNA, British Columbia, April 05, 2023 (GLOBE NEWSWIRE) -- Decisive Dividend Corporation (TSX-V: DE) (the “Corporation” or “Decisive”) is pleased to announce the acquisition (the “Acquisitions”) of three businesses for $17.2 million in aggregate proceeds.
  • Further details on the Bought Deal Equity Financing are provided below.
  • The Corporation intends to repay approximately $7.3 million of the Acquisition Facility using the net proceeds of the Bought Deal Equity Financing, providing ample liquidity for future acquisitions.
  • The Base Prospectus and, once filed, the Supplement can be found on SEDAR at www.sedar.com , and contain important detailed information about the Bought Deal Equity Financing.

Successful Placement of CDI’s Raises A$3.5 Million

Retrieved on: 
Wednesday, March 22, 2023

The Placement CDI’s and Options are expected to settle on or about Monday 27 March 2023.

Key Points: 
  • The Placement CDI’s and Options are expected to settle on or about Monday 27 March 2023.
  • The Placement CDI’s issued will rank equally with existing CDI’s and common shares of the Company (“Common Shares”) on issue.
  • The closing of the Placement is subject to receipt of all necessary regulatory approvals, including the acceptance by the TSX and ASX.
  • RM Corporate Finance Pty Ltd acted as Lead Manager to the Placement and will be paid a total fee of 6% of the gross proceeds raised in the Placement.

Proposed Extension of Warrants

Retrieved on: 
Friday, February 17, 2023

The warrants are due to expire on February 19, 2023, and the Company will make an application to extend the expiry date of those warrants to February 19, 2024.

Key Points: 
  • The warrants are due to expire on February 19, 2023, and the Company will make an application to extend the expiry date of those warrants to February 19, 2024.
  • Of the 2,047,244 warrants issued, 1,020,000 expired, 327,244 were exercised and 700,000 remain outstanding which are due to expire on February 19, 2023.
  • Of the 327,244 warrants exercised, 47,244 were recently exercised by Lewis Black, CEO of the Company.
  • The extension of the warrants is subject to Toronto Stock Exchange and shareholder approval.

Insteel Industries Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, February 14, 2023

Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on March 31, 2023, to shareholders of record as of March 17, 2023.

Key Points: 

Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on March 31, 2023, to shareholders of record as of March 17, 2023.

Insteel Industries Declares Regular Quarterly and Special Cash Dividends

Retrieved on: 
Tuesday, November 15, 2022

Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share and a special cash dividend of $2.00 per share of common stock payable on December 23, 2022, to shareholders of record as of December 9, 2022.

Key Points: 
  • Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share and a special cash dividend of $2.00 per share of common stock payable on December 23, 2022, to shareholders of record as of December 9, 2022.
  • Following another year of record financial performance, we are pleased to return capital to our shareholders through the payment of a special dividend.
  • This represents our sixth special dividend of at least $1 per share since 2016.
  • Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement.

Third Sangdong Loan Facility Drawdown & Project Update

Retrieved on: 
Tuesday, November 15, 2022

Almonty Industries Inc. (Almonty or the Company) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI), is pleased to announce it has completed its third scheduled drawdown of the total US$75.1 million KfW IPEX-Bank project finance facility for its Sangdong Tungsten Mine (the Loan Facility), and to provide a project update from the Chairman of the Company.

Key Points: 
  • Almonty Industries Inc. (Almonty or the Company) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI), is pleased to announce it has completed its third scheduled drawdown of the total US$75.1 million KfW IPEX-Bank project finance facility for its Sangdong Tungsten Mine (the Loan Facility), and to provide a project update from the Chairman of the Company.
  • The Company is pleased to report that the drawdowns are being completed on schedule as per the project drawdown agreement.
  • Almontys Chairman, President and CEO Lewis Black commented:
    We are pleased to have received the third drawdown from our financing partners, KfW IPEX-Bank, under the US$75.1 million project financing loan facility which are occurring in-line with the drawdown schedule which is occurring on time as planned.
  • The terms of the Loan Facility are favourable to the Company and the Sangdong Mine is targeted to be in operation well before the Loan Facility matures and becomes repayable.