Disposition

Electra Announces Voting Results of its 2023 Annual Meeting of Shareholders

Retrieved on: 
Wednesday, October 25, 2023
Alternative Energy, Energy, Other Energy, Utilities, Social Democrats (Slovenia), TSX Venture Exchange, 2020–2022 Chinese property sector crisis, Meeting, RSU, Policy, Motivation, Acquisition, Easement, Restatement, LTIP, Growth, Indian stock exchange, Consultant, Disposition, Culture, PSU Zephyrus

At the Meeting, shareholders also approved the 2022 amended and restated LTIP (the “2022 Amended and Restated LTIP”).

Key Points: 
  • At the Meeting, shareholders also approved the 2022 amended and restated LTIP (the “2022 Amended and Restated LTIP”).
  • Shareholders also approved a new Employee Share Purchase Plan for the Company (the “ESP Plan”).
  • The Common Shares issued to obtain the Easement will be subject to a four-month hold from the date of issue.
  • The acquisition was completed as an “Expedited Acquisition” under TSXV Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets, and remains subject to the TSXV’s final acceptance.

Mula Mining Corp. Announces Disposition of Shares of Silver Mountain Resources Inc. to Its Own Shareholders

Retrieved on: 
Tuesday, August 8, 2023
TSX Venture Exchange, Disposal, Disposition, Related, Sale, Date, The Company, National instrument, SEDAR, Indian stock exchange, News, Security (finance), Issuer

On August 4, 2023, Mula Mining Corp. (the "Company") entered into agreements with all of the shareholders of the Company (the "Company Shareholders"), pursuant to which the Company transferred the beneficial ownership, direction and control of 13,750,000 Common Shares (the "Disposed Shares"), representing 6.32% of the issued and outstanding Common Shares of the Issuer (the "Disposition").

Key Points: 
  • On August 4, 2023, Mula Mining Corp. (the "Company") entered into agreements with all of the shareholders of the Company (the "Company Shareholders"), pursuant to which the Company transferred the beneficial ownership, direction and control of 13,750,000 Common Shares (the "Disposed Shares"), representing 6.32% of the issued and outstanding Common Shares of the Issuer (the "Disposition").
  • The Disposition took place to allow the Company Shareholders to hold their interest in the Common Shares directly.
  • The Company will continue to be the registered owner of the Disposed Shares as nominee for a period of time following the Disposition.
  • The Company disposed of the Disposed Shares to the Company Shareholders in a private sale to allow the Company Shareholders to hold their interest in the Disposed Shares directly.

WNC & Associates and Community Preservation Partners Announce New Leadership Promotions

Retrieved on: 
Thursday, July 13, 2023
Science, Partnership, Housing, Senior, General counsel, U.S. Department of Defense Strategy for Operating in Cyberspace, University, Workforce Innovation in Regional Economic Development, Business operations, United States Secretary of Housing and Urban Development, Ageing, History, Rehabilitation, Urban Land, California Polytechnic State University, San Luis Obispo, Campbell, Creativity, Social change, Community, Acquisition, CPP, Project management, Zonda Home, CPA, University of Massachusetts Lowell, LIHTC, AM, WNC, Growth, Government, Young, Legal Affairs, Management, Property management, Disposition

Will Cooper, Jr. will continue to serve as Chairman of the Board and CEO of WNC, Preservation Equity Fund Advisors ( PEFA ), and the Cooper Housing Institute.

Key Points: 
  • Will Cooper, Jr. will continue to serve as Chairman of the Board and CEO of WNC, Preservation Equity Fund Advisors ( PEFA ), and the Cooper Housing Institute.
  • He is a former member of Vistage International and a current member of the Urban Land Institute’s Affordable/Workforce Housing Council.
  • He received the Young Leader Award from Affordable Housing Finance in 2016 and has been with the company for 13 years.
  • WNC and its subsidiaries are committed to continuing to provide excellent services with the singular goal of supporting affordable housing across the United States.

Early Warning News Release

Retrieved on: 
Thursday, April 13, 2023
Lithium, Exercise, Indian stock exchange, TSX Venture Exchange, Arrangement, Disposition, GFL, Transaction, LAC, News, Security (finance), Warrant, Issuer

Following the Transactions, GFL beneficially owned and controlled no Common Shares and held no Warrants of the Issuer representing 0% of the issued and outstanding Common Shares on a non-diluted basis and 0% of the issued and outstanding Common Shares on a partially-diluted basis.

Key Points: 
  • Following the Transactions, GFL beneficially owned and controlled no Common Shares and held no Warrants of the Issuer representing 0% of the issued and outstanding Common Shares on a non-diluted basis and 0% of the issued and outstanding Common Shares on a partially-diluted basis.
  • The head office address for GFL is Room 2103, Tung Chiu Commercial Centre, 193 Lockhart Road, Wan Chai, Hong Kong.
  • A copy of GFL’s early warning report will be filed on the Issuer’s SEDAR profile at www.sedar.com .
  • For further information concerning the Transactions, please contact Samuel Pigott, Director of GFL at 1 (416) 357 4681 or by email addressed to [email protected].

Early Warning News Release

Retrieved on: 
Tuesday, April 11, 2023
Lithium, Exercise, TSX Venture Exchange, LAC, Stock transfer agent, Arrangement, Support, Plutonium Management and Disposition Agreement, Disposition, Transaction, Indian stock exchange, GFL, News, Security (finance), Issuer

The Transferred Shares were disposed of at a price of $0.55 per Transferred Share for aggregate gross proceeds of $13,750,000.

Key Points: 
  • The Transferred Shares were disposed of at a price of $0.55 per Transferred Share for aggregate gross proceeds of $13,750,000.
  • The head office address for GFL is Room 2103, Tung Chiu Commercial Centre, 193 Lockhart Road, Wan Chai, Hong Kong.
  • A copy of GFL’s early warning report will be filed on the Issuer’s SEDAR profile at www.sedar.com .
  • For further information concerning the Transaction, please contact Samuel Pigott, Director of GFL at 1 (416) 357 4681 or by email addressed to [email protected].

Early Warning News Release

Retrieved on: 
Thursday, April 6, 2023
Lithium, Exercise, TSX Venture Exchange, LAC, Stock transfer agent, Arrangement, Plutonium Management and Disposition Agreement, Disposition, Transaction, Indian stock exchange, GFL, Support, Security (finance), Issuer

The Transferred Shares were disposed of at a price of $0.59 per Transferred Share for aggregate gross proceeds of $15,340,000.

Key Points: 
  • The Transferred Shares were disposed of at a price of $0.59 per Transferred Share for aggregate gross proceeds of $15,340,000.
  • The head office address for GFL is Room 2103, Tung Chiu Commercial Centre, 193 Lockhart Road, Wan Chai, Hong Kong.
  • A copy of GFL’s early warning report will be filed on the Issuer’s SEDAR profile at www.sedar.com .
  • For further information concerning the Transaction, please contact Samuel Pigott, Director of GFL at 1 (416) 357 4681 or by email addressed to [email protected] .

STEER Announces Execution of Definitive Agreements and Conditional Approval of TSXV for an $18 Million Direct Investment Involving its Digital Restaurant Supply Business (B2B Marketplace)

Retrieved on: 
Friday, March 24, 2023
Professional Services, Data Management, Environmental, Social and Governance (ESG), Technology, Finance, Software, IPO, TSX Venture Exchange, Call option, Asset, Edmonton Investors Group, Transaction, ESG, Policy, News, Minority, Warehouse, 2013 New Zealand asset sales referendum, Growth, Multilateral, Investment, Social media, Bankruptcy, Exercise, Promissory note, Multimedia, Call, Operation, Financial assistance (share purchase), MI, Disposition, Asset purchase agreement, Sale, Date, Food, Cryptocurrency, Security (finance), Renting, Bank, STEER

It is anticipated that a portion of the Investment will come from certain members of STEER and the Restaurant Supply Business’s respective management teams as part of the Investor Group.

Key Points: 
  • It is anticipated that a portion of the Investment will come from certain members of STEER and the Restaurant Supply Business’s respective management teams as part of the Investor Group.
  • Following the completion of the Proposed Transaction, STEER is expected to indirectly retain approximately 62.5% ownership of FoodsUp, subject to the Call Option.
  • The Proposed Transaction constitutes a “Reviewable Transaction” as defined in TSXV Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets and is therefore subject to the prior approval of the TSXV.
  • No finder’s fee is expected to be payable in connection with the Proposed Transaction.

GlobalBlock to Sell Digital Asset Broker Business

Retrieved on: 
Thursday, March 23, 2023
Agreement, Term Asset-Backed Securities Loan Facility, OTC Markets Group, Minority, TSX Venture Exchange, The, Model Business Corporation Act, Bank statement, FSE, Exchange, Meeting, Disposition, Proxy, CFO, Loan, Environment, News, Good, GB, Cryptocurrency, Management, Security (finance), Closing

London, United Kingdom and Vancouver, British Columbia--(Newsfile Corp. - March 23, 2023) - GlobalBlock Digital Asset Trading Limited (TSXV: BLOK) (OTC Pink: BLVDF) (FSE: BD4) (the "Company") announces that it has entered into a Business Disposition Agreement dated March 22, 2023 (the "Agreement") with GlobalBlock Ltd. ("GB UK") and the original shareholders and founders of GB UK (the "GB UK Founders") to transfer GB UK and its digital asset broker business back to the GB UK Founders (the "Disposition Transaction").

Key Points: 
  • London, United Kingdom and Vancouver, British Columbia--(Newsfile Corp. - March 23, 2023) - GlobalBlock Digital Asset Trading Limited (TSXV: BLOK) (OTC Pink: BLVDF) (FSE: BD4) (the "Company") announces that it has entered into a Business Disposition Agreement dated March 22, 2023 (the "Agreement") with GlobalBlock Ltd. ("GB UK") and the original shareholders and founders of GB UK (the "GB UK Founders") to transfer GB UK and its digital asset broker business back to the GB UK Founders (the "Disposition Transaction").
  • The Company has determined that given the current environment surrounding digital assets and the expense and restrictions surrounding the operation of a digital asset broker business inside of a publicly listed entity, the digital asset broker business being operated by GB UK and its subsidiaries would best be served outside of a publicly listed entity.
  • As a result, the GB UK Founders have agreed under the Disposition Transaction to privatize that business, and the Company will be seeking alternative transactions and businesses to acquire or combine with.
  • The Disposition Transaction involves the disposition of GB UK and its digital asset broker business, which is substantially all of the Company's property.

Ocean Tomo Transactions Announces UCC Public Notice of Disposition of POW! Entertainment Intellectual Property Assets

Retrieved on: 
Tuesday, February 21, 2023
Uniform Commercial Code, Sale, POW, Stan Lee, Catalog, Disposition, Cryptocurrency, Security (finance)

Held, announces the sale of 250+ copyrighted and other literary works currently held by POW!

Key Points: 
  • Held, announces the sale of 250+ copyrighted and other literary works currently held by POW!
  • Entertainment which will be sold via a public disposition in accordance with the Uniform Commercial Code.
  • Ocean Tomo Transactions Announces UCC Public Notice of Disposition of POW!
  • Entertainment Intellectual Property Assets
    The catalog of collateral includes more than 200 original works authored by the late Stan Lee.

STEER Announces a Proposed Transaction for an $18 Million Direct Investment Involving its Digital Restaurant Supply Business (B2B Marketplace)

Retrieved on: 
Monday, January 23, 2023
EV, Electric Vehicles, Automotive, Transport, Professional Services, Other Automotive, Restaurant, Bar, Logistics, Supply Chain Management, Environmental, Social and Governance (ESG), Retail, Umbrella, Edmonton Investors Group, TSX Venture Exchange, Multilateral, Financial assistance (share purchase), Government, Operation, MI, Disposition, Stock, Sale, Food, Transaction, ESG, STEER, Sheet, GHG, Growth, Warehouse, Multimedia, Plastic, Robotics, Policy, AI, Minority, Term sheet, Cryptocurrency, NewCo

View the full release here: https://www.businesswire.com/news/home/20230123005248/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230123005248/en/
    STEER Announces a Proposed Transaction for an $18 Million Direct Investment Involving its Digital Restaurant Supply Business (Photo: Business Wire)
    The Proposed Transaction will be structured by rolling out the Restaurant Supply Business, currently a division of Food Hwy, into a separate newly-formed company (“Newco”) valued at approximately $48 million post-transaction.
  • Following the completion of the Proposed Transaction, STEER is expected to indirectly retain approximately 62.5% ownership of Newco.
  • In the Company’s view, the Proposed Transaction underscores STEER’s belief in the Restaurant Supply Business and its ability to further grow in 2023, while facilitating continued alignment with STEER’s other products and service offerings.
  • Further details about the Proposed Transaction will be provided in a comprehensive press release when the parties enter into the aforementioned definitive agreements.