CAD

Roscan Gold Announces Debt Settlement and Proposed Financing

Retrieved on: 
Wednesday, February 21, 2024

Toronto, Ontario--(Newsfile Corp. - February 21, 2024) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce that it has agreed to settle (the "Debt Settlement") an aggregate of USD$1,005,000 debt owed to an arm's length creditor through the issuance of a secured convertible promissory note (the "Note").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - February 21, 2024) - Roscan Gold Corporation (TSXV: ROS) (FSE: 2OJ) (OTCQB: RCGCF) ("Roscan" or the "Company") is pleased to announce that it has agreed to settle (the "Debt Settlement") an aggregate of USD$1,005,000 debt owed to an arm's length creditor through the issuance of a secured convertible promissory note (the "Note").
  • The Note issued pursuant to the Debt Settlement shall be secured by way of a general security agreement providing security ranking subordinate to the other secured indebtedness of the Company, over all of the present and after-acquired property of the Company.
  • It is expected that insiders of the Company will participate in the Offering for CAD$400,000 principal amount of Convertible Notes.
  • All securities issued in connection with the Offering and the Debt Settlement will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation.

Early Warning Report Issued Pursuant to National Instrument 62-103 – Disposition of Securities of Clip Money Inc.

Retrieved on: 
Friday, March 8, 2024

Prior to the Transactions, KOAT owned an aggregate of 14,914,292 Common Shares, representing approximately 14.21% of the Company’s current issued and outstanding Common Shares.

Key Points: 
  • Prior to the Transactions, KOAT owned an aggregate of 14,914,292 Common Shares, representing approximately 14.21% of the Company’s current issued and outstanding Common Shares.
  • Following the Transactions, KOAT owns 10,564,660 Common Shares, representing approximately 10.07% of the Company’s current issued and outstanding Common Shares.
  • A copy of such report may also be obtained by contacting Mr. Daren Trousdell (by e-mail at [email protected] or by telephone at 561-515-9010).
  • KOAT is located at 736 Ibis Way, North Palm Beach, FL 33408 and the Company’s head office is located at 96 Riverdale Ave, Ottawa, Ontario K1S 1R2.

Women-led tech startups LyfeMD, Roga and Granularity received $230,000 CAD at DMZ’s Women Innovation Summit

Retrieved on: 
Friday, March 8, 2024

Roga , a Toronto-based startup that provides a mental healthcare platform and wearable non-invasive brain stimulation device designed to reduce employee anxiety, received $40,000 CAD.

Key Points: 
  • Roga , a Toronto-based startup that provides a mental healthcare platform and wearable non-invasive brain stimulation device designed to reduce employee anxiety, received $40,000 CAD.
  • “Partnering with DMZ for the Women Innovation Summit for a second consecutive year was an honour,” said Danielle Graham, Co-Founder of The Firehood.
  • Formally announced at the Women Innovation Summit, DMZ will now provide a $5,000 grant for women founders accepted into their Pre-Incubator program and a $10,000 grant for women founders accepted into their Incubator program .
  • Following the Summit, DMZ is gearing up to launch an impact report showcasing the breadth and significance of the Women Innovation Summit.

Visa Announces Sixth Round of She’s Next Grant Program recipients, spotlighting the next generation of women entrepreneurs

Retrieved on: 
Friday, March 8, 2024

TORONTO, March 08, 2024 (GLOBE NEWSWIRE) -- Today, Visa Canada announced the recipients of its She’s Next Grant Program.

Key Points: 
  • TORONTO, March 08, 2024 (GLOBE NEWSWIRE) -- Today, Visa Canada announced the recipients of its She’s Next Grant Program.
  • Aiming to uplift women-owned small businesses, the program awards 10 winners a $10,000 CAD grant and access to an accelerated mentorship program through York University’s YSpace.
  • The She’s Next Grant Program builds on our track record of supporting small businesses and recognizes women face a myriad of challenges on the road to success,” said Sarah Steele, Senior Director, Small Business Product at Visa.
  • Customers can buy, sell and discover clothing made specifically for tall women with access to over 20 tall brands and counting.

Skyharbour’s Partner Company North Shore Uranium Commences Drill Program at Falcon Uranium Property

Retrieved on: 
Friday, March 8, 2024

Vancouver, BC, March 08, 2024 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (“Skyharbour” or the “Company”), is pleased to announce that its partner company, North Shore Uranium (“North Shore”), has commenced its drill program at the Falcon Property (“Falcon” or the “Property”) located at the eastern margin of the Athabasca Basin in northern Saskatchewan.

Key Points: 
  • Vancouver, BC, March 08, 2024 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH ) (OTCQX: SYHBF ) (Frankfurt: SC1P ) (“Skyharbour” or the “Company”), is pleased to announce that its partner company, North Shore Uranium (“North Shore”), has commenced its drill program at the Falcon Property (“Falcon” or the “Property”) located at the eastern margin of the Athabasca Basin in northern Saskatchewan.
  • Information pertaining to the drill program and a summary of the Property were provided by the Company on February 28, 2024 and December 19, 2023.
  • Location Map of Falcon Project:
    The drill program is being managed by TerraLogic Exploration Inc.
  • Electromagnetics with 2024 Drill Targets P03, P08 and P12:
    The Falcon Property, which constitutes part of North Shore’s Falcon Property, contains eleven mineral claims comprising approximately 42,908 hectares approximately 50 km east of the Key Lake mine.

InspireMD Reports Fourth Quarter and Full-Year 2023 Financial Results and Provides Business Update

Retrieved on: 
Wednesday, March 6, 2024

TEL AVIV, Israel and MIAMI, March 06, 2024 (GLOBE NEWSWIRE) -- InspireMD, Inc. (Nasdaq: NSPR), developer of the CGuard™ Embolic Prevention System (EPS) for the treatment of carotid artery disease (CAD) and prevention of stroke, today announced financial and operating results for the fourth quarter and full-year ended December 31, 2023.

Key Points: 
  • Fourth Quarter 2023 and Recent Developments:
    Generated record CGuard revenue in the fourth quarter 2023 of $1.76 million, a 71.6% increase over the fourth quarter of 2022.
  • Sold 3,107 CGuard EPS stent systems in the fourth quarter of 2023, as compared to 1,781 in the fourth quarter of 2022, an increase of 74.5%.
  • Financial Results for the Fourth Quarter Ended December 31, 2023
    For the fourth quarter of 2023, total revenue increased 71.6%, to $1,761,000, from $1,026,000 during the fourth quarter of 2022.
  • Total financial income for the fourth quarter of 2023 was $468,000, an increase of $349,000 or 293% compared to $119,000 for the third quarter of 2022.

RevoluGROUP Canada Inc. Provides Update on Discussions with Erik Riveros

Retrieved on: 
Tuesday, March 5, 2024

The current discussions, led by RevoluGROUP's CEO, Gavin McMillan, and Mr. Riveros, focus on revising the existing terms to better align with both parties' strategic directions.

Key Points: 
  • The current discussions, led by RevoluGROUP's CEO, Gavin McMillan, and Mr. Riveros, focus on revising the existing terms to better align with both parties' strategic directions.
  • A key aspect under careful consideration is the review of transaction types and volumes to ensure full compliance with relevant regulatory standards.
  • Gavin McMillan, CEO of RevoluGROUP Canada Inc., expresses optimism regarding the ongoing discussions, stating, "We greatly appreciate Mr. Riveros's openness to making significant concessions.
  • These discussions include strategic investments, operational enhancements, and exploring new markets aligning with favorable regulatory frameworks.

A.I.S. Resources Options Candela II Interest to American Salars Lithium Inc.

Retrieved on: 
Monday, March 4, 2024

Resources Limited ( TSX-V: AIS, OTCQB: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) is pleased to announce that the Company has reached an agreement with American Salars Lithium Inc., ( CSE: USLI , FRA: Z3P) (“American Salars”) on an option agreement on the Candela II Lithium Brine Project located in the Incahuasi Salar, Salta Province, Argentina ( American Salars Signs Option to Acquire a 100% Interest in the Candela II Lithium Brine Project with NI 43-101 Inferred Resource of 457,000 Tonnes of Lithium Carbonate Equivalent - American Salars ).

Key Points: 
  • Resources Limited ( TSX-V: AIS, OTCQB: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) is pleased to announce that the Company has reached an agreement with American Salars Lithium Inc., ( CSE: USLI , FRA: Z3P) (“American Salars”) on an option agreement on the Candela II Lithium Brine Project located in the Incahuasi Salar, Salta Province, Argentina ( American Salars Signs Option to Acquire a 100% Interest in the Candela II Lithium Brine Project with NI 43-101 Inferred Resource of 457,000 Tonnes of Lithium Carbonate Equivalent - American Salars ).
  • The Candela II Lithium Brine Project contains a NI 43-101 inferred mineral resource estimate of 86,000 tonnes of lithium metal, equating to 457,000 tonnes of in-situ lithium carbonate equivalent.
  • AIS holds a 20% equity interest in Spey Resources Argentina S.A. and will receive its share of the proceeds on a pro rata basis.
  • Andrew Neale, President & CEO of AIS commented, “American Salars is an exploration company focused on developing high-value battery metals projects and are ideally positioned to further advance the Candela II project.

Puma Announces a Creative Deal to Unlock Value of its Assets in New Brunswick

Retrieved on: 
Monday, March 4, 2024

Before the execution of the Raptor Agreements, Puma was holding a 100% interest in each of the Projects.

Key Points: 
  • Before the execution of the Raptor Agreements, Puma was holding a 100% interest in each of the Projects.
  • The sale of the Chester and Turgeon Projects to Raptor will allow Puma to further monetize its copper assets and unlock their value.
  • We’re always looking to increase shareholder value and creative ways to finance and control share dilution.
  • The objective for Puma is to receive from Raptor the same consideration value as the one that it negotiated in its initial option deal with Canadian Copper, of which CAD $2M remains receivable.

Ackroo Provides Update on Recent Acquisition

Retrieved on: 
Tuesday, March 5, 2024

HAMILTON, Ontario, March 04, 2024 (GLOBE NEWSWIRE) -- Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company”), a gift card, loyalty marketing, payments and point-of-sale technology consolidator and services provider, is pleased to provide an update on their recent acquisition of Simpliconnect.

Key Points: 
  • HAMILTON, Ontario, March 04, 2024 (GLOBE NEWSWIRE) -- Ackroo Inc. (TSX-V: AKR; OTC: AKRFF) (the “Company”), a gift card, loyalty marketing, payments and point-of-sale technology consolidator and services provider, is pleased to provide an update on their recent acquisition of Simpliconnect.
  • Ackroo is also building product parity between the Simpliconnect platform and their Ackroo Anywhere platform and has already begun migrating clients over to Ackroo’s core marketing product.
  • Once complete the legacy platform will be decommissioned driving greater focus for sales and marketing, saving Ackroo hosting costs, and allowing engineering and support staff to be re-directed to focus on supporting the core Ackroo platform and the recent acquisition of GiftFly.
  • This falls within the Company’s payback model and positions Ackroo for another successful accretive acquisition.