Disposition

Antelope Enterprise Announces Agreement to Divest of its Ceramic Tile Business

Retrieved on: 
Thursday, January 5, 2023
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JINJIANG, China, Jan. 5, 2023 /PRNewswire/ -- Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) ("Antelope Enterprise" or the "Company"), which operates KylinCloud, a leading online social ecommerce and live broadcast streaming platform with 200,000+ anchors and influencers, and a legacy ceramic tile manufacturing business in China, today announced that on December 30, 2022, it entered into a share purchase agreement (the "Disposition SPA") to divest of its ceramic tile manufacturing business. 

Key Points: 
  • JINJIANG, China, Jan. 5, 2023 /PRNewswire/ -- Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) ("Antelope Enterprise" or the "Company"), which operates KylinCloud, a leading online social ecommerce and live broadcast streaming platform with 200,000+ anchors and influencers, and a legacy ceramic tile manufacturing business in China, today announced that on December 30, 2022, it entered into a share purchase agreement (the "Disposition SPA") to divest of its ceramic tile manufacturing business.
  • "We are pleased to enter into this agreement which will enable us to to focus all of our resources and energies on China's high growth social ecommerce sector," commented Antelope Enterprise CEO Weilai 'Will' Zhang.
  • "The ceramic tile business has faced significant hurdles due to the significant slowdown of the real estate sector and the impacts of Covid-19 in China.
  • Meanwhile, we have been experiencing strong growth momentum in KylinCloud, our social ecommerce business.

Optimum Ventures Ltd. Announces Filing of NI 43-101 Technical Report and Closing of Definitive Agreement to Acquire Alaska Mineral Claims

Retrieved on: 
Wednesday, December 14, 2022
Acquisition, Salmon River, KSM, Harry, Finder, Technical report, TSX Venture Exchange, Technical Report Archive & Image Library, Mining, Newcrest Mining, Accident, Weather, Person, Legislation, National Instrument 43-101, Silver, Policy, Technical, News, Agreement, Transaction, National instrument, Optimum (cable brand), NI, Teutons, Failure, Disclosure, Government, Gold, Disposition, SEDAR, Hyder, Salmon, Security (finance), Vendor, Mathematical optimization

In connection with the Transaction, the Company received a Technical Report entitled "NI 43-101 Technical Report on the Salmon Property, Hyder Mining District, Alaska" dated October 14, 2022, which has been prepared for the Company by Alojzy Walus, M.

Key Points: 
  • In connection with the Transaction, the Company received a Technical Report entitled "NI 43-101 Technical Report on the Salmon Property, Hyder Mining District, Alaska" dated October 14, 2022, which has been prepared for the Company by Alojzy Walus, M.
  • Sc., P. Geo and Registered Geologist, who is a "Qualified Person" as such term is defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (the "Technical Report").
  • According to the Technical Report: The Salmon Property has excellent potential for the discovery of high-grade gold-bearing zones along NW trending structures.
  • Optimum Ventures Ltd. is a Canadian based mineral exploration company actively seeking opportunities in the resource sector.

Optimum Ventures Ltd. Announces Entry Into Definitive Agreement to Acquire Alaska Mineral Claims

Retrieved on: 
Friday, November 25, 2022
Technical report, Golden Triangle, Policy, Disclosure, Weather, TSX Venture Exchange, Equilateral triangle, Harry, Legislation, Government, Teutons, Salmon River, Accident, National instrument, SEDAR, News, Disposition, Mining, Agreement, Hyder, Transaction, Failure, Salmon, Acquisition, Person, Security (finance), Vendor, Finder

The Vendor owns 19 contiguous mining claims forming the Salmon Property covering approximately 208 hectares in the Hyder Mining District situated in southeastern Alaska, along the panhandle, immediately east of the Salmon River.

Key Points: 
  • The Vendor owns 19 contiguous mining claims forming the Salmon Property covering approximately 208 hectares in the Hyder Mining District situated in southeastern Alaska, along the panhandle, immediately east of the Salmon River.
  • The property is well located near infrastructures such as an all-weather road, a town, and a power-line as well as docks at tidewater.
  • Optimum is a Canadian-based mineral exploration company actively seeking opportunities in the resource sector.
  • Its properties and projects are all located in British Columbia and the extensions of the Golden Triangle area of Northern British Columbia into Alaska.

JOHN MCCLEERY REPORTS DISPOSITION OF SHARES OF KEON

Retrieved on: 
Monday, October 3, 2022
Disposition, National instrument, Telephone, News, Indian stock exchange, Related, GLOBE, Sale, Security (finance)

VANCOUVER, BRITISH COLUMBIA, Oct. 03, 2022 (GLOBE NEWSWIRE) -- John McCleery announced today that he has disposed of a total of 200,000 common shares (Common Shares) of Keon Capital Inc. (Keon or the Company) at a price of $0.25 per share, for aggregate consideration of $50,000, in a private sale transaction (the Disposition).

Key Points: 
  • VANCOUVER, BRITISH COLUMBIA, Oct. 03, 2022 (GLOBE NEWSWIRE) -- John McCleery announced today that he has disposed of a total of 200,000 common shares (Common Shares) of Keon Capital Inc. (Keon or the Company) at a price of $0.25 per share, for aggregate consideration of $50,000, in a private sale transaction (the Disposition).
  • Prior to the Disposition, Mr. McCleery had control or direction over 500,000 Common Shares, representing approximately 10.28% of the 4,862,272 Common Shares issued and outstanding.
  • Mr. McCleery now has control or direction over 300,000 Common Shares, which represent 6.17% of the 4,862,272 Common Shares issued and outstanding.
  • Mr. McCleery holds common shares of Keon for investment purposes and may increase or decrease his beneficial ownership in Keon as circumstances or market conditions warrant.

Antanas Guoga Announces Filing of Early Warning Report Related to Cypherpunk Holdings Inc.

Retrieved on: 
Wednesday, July 13, 2022
SEDAR, Company, Time, Indian stock exchange, Disposition, Report, The Company, Security (finance), Acquisition

Toronto, Ontario--(Newsfile Corp. - July 13, 2022) - Antanas Guoga announces that he has filed an early warning report (the "Report") announcing the acquisition ("Acquisition") of 7,758,500 common shares (the "Common Shares") in the capital of Cypherpunk Holdings Inc. (the "Company") and the disposition (the "Disposition") of 1,000,000 Common Shares of the Company.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - July 13, 2022) - Antanas Guoga announces that he has filed an early warning report (the "Report") announcing the acquisition ("Acquisition") of 7,758,500 common shares (the "Common Shares") in the capital of Cypherpunk Holdings Inc. (the "Company") and the disposition (the "Disposition") of 1,000,000 Common Shares of the Company.
  • Prior to the completion of the Disposition and Acquisition, Mr. Guoga held an aggregate of 29,467,167 Common Shares, 1,500,000 stock options and 905,834 Common Share purchase warrants, representing approximately 18.61% of the then issued and outstanding Common Shares on an undiluted basis and 19.83% of the then issued and outstanding Common Shares on a partially diluted basis.
  • For further details relating to the acquisition, please see the Report, a copy of which is available on SEDAR or from Antanas Guoga at [email protected] .
  • To view the source version of this press release, please visit https://www.newsfilecorp.com/release/130775

Fraser Buchan Disposes of Talmine Resources Ltd. Shares

Retrieved on: 
Monday, June 27, 2022
Common, Disposition, Indian stock exchange, Security (finance), Issuer

This press release is issued pursuant to National Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 27, 2022) - Fraser Buchan ("Mr. Buchan") announced today that he has disposed of 600,000 Common shares (the "Disposition") of Talmine Resources Ltd. (the "Issuer").
  • Prior to the Disposition, Mr. Buchan held 1,237,800 Common Shares, representing 18.26% of the issued and outstanding Common shares of the Issuer.
  • As a result of the Disposition, Mr. Buchan now holds an aggregate of 637,800 Common shares, representing approximately 2.01% of the issued and outstanding Common shares of the Issuer as at the date hereof.
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    To view the source version of this press release, please visit https://www.newsfilecorp.com/release/129212

Worldwide Automotive 3D Printer Industry to 2027 - Featuring 3D Systems, Formlabs and Markforged Among Others

Retrieved on: 
Monday, May 16, 2022
Stereolithography, Original equipment manufacturer, Selective laser sintering, Disposition, Government, SLS, Car, Campbell v. General Dynamics Government Systems Corp., Architecture, Laminated object manufacturing, 3D Systems, 3D, Growth, Application, 3D printing, Others, Technology, Opportunity

The global automotive 3D printer market is expected to grow at a significant rate during the forecast period.

Key Points: 
  • The global automotive 3D printer market is expected to grow at a significant rate during the forecast period.
  • Moreover, an increasing number of collaborations of leading 3D printing companies with automotive OEMs and the rising penetration of electric vehicles are fueling the growth of the global automotive 3D printer market.
  • Besides, SLS technology-based 3D printing helps create more durable prototypes compared to other technologies, which is boosting its growth in the global automotive 3D printer market.
  • Major players operating in the global automotive 3D printer market are 3D Systems Corp., Formlabs Inc., Markforged, Inc., Zortrax S.A., Ultimaker BV, etc.

China Xiangtai Food Co., Ltd. Announces Results of Special Meeting of Shareholder

Retrieved on: 
Wednesday, April 27, 2022
Dai, Bitcoin, CEO, Meat, Board, Phrase, Bangladesh Home Economics College, Business administration, WBA, NASDAQ, Executive, Disposition, Increase, Capital, Private Securities Litigation Reform Act, Memorandum, Financial assistance (share purchase), Non-fungible token, Entrepreneurship, Procurement, Board of directors, Nasdaq, Company, Articles of association, Ecosystem, Mining, Name change, Industry, CUSIP, Blockchain, Time, Management, Holding company, Cryptocurrency, Security (finance), Association, IPFS, BC

VANCOUVER, BC, April 27, 2022 /PRNewswire/ -- China Xiangtai Food Co., Ltd. (NASDAQ: BTOG) ("China Xiangtai " or the "Company"), an emerging growth company engaged in crypto mining business with diversified expansion strategy, today announced the results of shareholder votes from its Special Meeting of Shareholders (the "Meeting") held on Tuesday, April 26, 2022 at 10:00 p.m. ET. 

Key Points: 
  • At the Meeting, the requisite vote of shareholders has approved thefollowing resolutions:
    The Company's name will be changed to Bit Origin Limited, effectiveon April 27, 2022.
  • The goal of the name change is to better reflect the Company's core business and diversification prospects.
  • On March 31, 2022, China Xiangtai entered into a share purchase agreement (the "Share Purchase Agreement") with Ocean Planet Future Limited (the "Buyer").
  • About China Xiangtai Food Co., Ltd.
    China Xiangtai Food Co., Ltd., an emerging growth company engaged in crypto mining business.

The Flowr Corporation Announces Sale of Holigen Holdings for $35 million

Retrieved on: 
Wednesday, April 20, 2022
News, Transaction, Twitter, NASDAQ, Share, The Purchase Price, Asset purchase agreement, Purchase price allocation, GMP, HHL, GLOBE, Bill, Policy, OTC, Patient, TSX Venture Exchange, COO, LinkedIn, Purchasing, Company, Private placement, Disposition, Interim, BMO Capital Markets, KIND, Security (finance), Real estate, Life insurance, Akanda, BC

TORONTO, April 20, 2022 (GLOBE NEWSWIRE) -- The Flowr Corporation (“Flowr” or the “Company”) (TSXV: FLWR, OTC: FLWPF) is pleased to announce that its wholly-owned subsidiary, Holigen Holdings Limited (“HHL”) has entered into a share purchase agreement (the “Purchase Agreement”) dated April 19, 2022 with Akanda Corp. (NASDAQ: AKAN) (“Akanda”) and Cannahealth Limited (the “Purchaser”), a wholly-owned subsidiary of Akanda. Pursuant to the Purchase Agreement, the Purchaser will acquire from HHL (the “Transaction”) all of issued and outstanding shares of Holigen Limited (“Holigen”), an indirect wholly-owned subsidiary of the Company, together with certain intercompany receivables for aggregate consideration of approximately $35 million. The Company’s wholly-owned subsidiary, HHL, indirectly owns all of the issued and outstanding shares of RPK Biopharma Unipessoal, Lda. (“RPK”), which owns and operates the E.U. GMP facility located in Sintra, Portugal, and the outdoor medical facility located in Aljustrel, Portugal.

Key Points: 
  • The proposed Transaction significantly improves Flowrs financial position by increasing cash by approximately $4.8 million and reducing indebtedness by approximately $5.1 million.
  • In connection with the proposed Transaction, Akanda has agreed to subscribe for $1 million of common shares of Flowr, subject to the approval of the TSXV.
  • The subscription ensures that both parties are aligned to the future success of both Flowr and Akanda.
  • For more information, please visit flowrcorp.com or follow Flowr on Twitter: @FlowrCanada and LinkedIn: The Flowr Corporation.

P. Peter Pascali Updates Early Warning Report

Retrieved on: 
Sunday, April 10, 2022
Exercise, Toronto Stock Exchange, Plasma, NASDAQ, ASDP, Legislation, Ownership, SEDAR, FRA, Suite, TSX, Intention, Canada, GLOBE, BMG Canada Inc v Doe, Foundation, Indian stock exchange, Security (finance), Disposition, 0 A.D. (video game), Holding company, Trust

This represents, in aggregate (the Total Ownership), 79,744,498 Common Shares, or 46.87% of the issued and outstanding Common Shares.

Key Points: 
  • This represents, in aggregate (the Total Ownership), 79,744,498 Common Shares, or 46.87% of the issued and outstanding Common Shares.
  • Of such Total Ownership of 85,014,498 Common Shares, (i) 69,012,941 Common Shares would be beneficially owned and controlled by Mr. Pascali, (ii) 7,251,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Holdco, (iii) 6,750,557 Common Shares (or 6,000,557 Common Shares assuming the completion of the Proposed Disposition) would be controlled by Mr. Pascali and beneficially owned by the Trust, and (iv) 2,000,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Foundation.
  • Of such Total Ownership of 85,664,498 Common Shares, (i) 69,662,941 Common Shares would be beneficially owned and controlled by Mr. Pascali, (ii) 7,251,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Holdco, (iii) 6,750,557 Common Shares (or 6,000,557 Common Shares assuming the completion of the Proposed Disposition) would be controlled by Mr. Pascali and beneficially owned by the Trust, and (iv) 2,000,000 Common Shares would be controlled by Mr. Pascali and beneficially owned by the Foundation.
  • For further information, including regarding the early warning report, including a copy of same (which is available under PyroGenesis SEDAR profile at www.sedar.com), please contact:
    P. Peter Pascali, President and Chief Executive Officer of PyroGenesis, at 514-937-0002.