Agreement

Finward Bancorp Announces Earnings for the Quarter Ended March 31, 2024

Retrieved on: 
Wednesday, April 24, 2024
Sale, Agreement, Federal Reserve, FHLB, Bank holding company, ACL, Federal, Purchasing, CECL, Property, Bank, Transaction, FDIC, GAAP

The tax-adjusted net interest margin (a non-GAAP measure) for the quarter ended March 31, 2024, was 2.57%, compared to 2.80% for the quarter ended December 31, 2023 and 3.23% for the quarter ended March 31, 2023.

Key Points: 
  • The tax-adjusted net interest margin (a non-GAAP measure) for the quarter ended March 31, 2024, was 2.57%, compared to 2.80% for the quarter ended December 31, 2023 and 3.23% for the quarter ended March 31, 2023.
  • The yield on the securities portfolio decreased to 2.37% for the quarter ended March 31, 2024, down from 2.39% for the quarter ended March 31, 2023.
  • During the quarter ended March 31, 2024, the Bank originated $47.9 million in new commercial loans, compared to $63.7 million during the quarter ended March 31, 2023.
  • Operating Expenses - Non-interest expense as a percent of average assets was 2.86% for the quarter ended March 31, 2024, as compared to 2.75% for quarter ended March 31, 2023.

Rio Silver Inc. Proposes to Extend Warrant Expiry Date

Retrieved on: 
Tuesday, April 23, 2024
Education, Agreement, Warrant, Silver, News, OTC, Gold, Advertising, Mining, TSX Venture Exchange

INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007.

Key Points: 
  • INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007.
  • “We are very pleased to be working with INN to expand our audience,” stated Chris Verrico, CEO of the Company.
  • The proposed amendment is limited to the extension of the expiry date of the Warrants without changes to the exercise price of $0.08 per share.
  • Subject to regulatory approval, the proposed new date for expiry of the Warrants is anticipated to be May 12, 2025.

Falcon Oil & Gas Ltd - Binding Term Sheet for Gas Sales Agreement to supply pilot gas to the Northern Territory Government

Retrieved on: 
Tuesday, April 23, 2024
APA, Consumer, Agreement, Binding, Amadeus Gas Pipeline, AIM, CPI, Oil, User experience, FID, GSA, AGP, FOG, BJV

Falcon Oil & Gas Ltd.

Key Points: 
  • Falcon Oil & Gas Ltd.
    23 April 2024 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that the Beetaloo Joint venture (BJV) has signed a Binding Agreement for a long-term Gas Sales Agreement (GSA) to supply the Northern Territory Government (Buyer) with 14.6 PJ (13.8 BCF) per annum from the proposed Shenandoah South Pilot Project for an initial term of nine years, with a Buyer’s option to extend for a further six-and-a-half years.
  • Details of the Binding Agreement are as follows:
    Gas will be delivered to the APA-owned Amadeus Gas Pipeline (AGP) on a take-or-pay basis at a market-competitive gas price, escalating at 100% of the Consumer Price Index (CPI).
  • The Buyer’s extension option is at a slightly discounted price.
  • Falcon Oil & Gas Australia Limited holds a 5% working interest in the 51,200-acre area that will include the wells required to deliver the proposed Pilot Project volumes.

Oportun Appoints Scott Parker to its Board of Directors in Cooperation with Findell Capital

Retrieved on: 
Monday, April 22, 2024
Agreement, Social, Fintech, Good, Development, Risk management, Environment, Tambor, SAN, Management

Tambor will stand for election to Oportun's Board of Directors at Oportun's 2024 annual shareholder meeting later this year.

Key Points: 
  • Tambor will stand for election to Oportun's Board of Directors at Oportun's 2024 annual shareholder meeting later this year.
  • The appointments are in connection with a cooperation agreement (the "Agreement") the Company has entered into with Findell Capital Management LLC (together, with certain of its affiliates “Findell”).
  • Findell is an investment firm that owns approximately 7.7% of Oportun’s outstanding common shares.
  • A complete copy of the Agreement will be filed on Form 8-K with the U.S. Securities and Exchange Commission.

G Mining Ventures and Reunion Gold Announce Combination to Set the Stage for a Leading Intermediate Gold Producer in the Americas

Retrieved on: 
Monday, April 22, 2024
Leg, GMS, LLP, Investment, Par value, Endeavour Mining, Webcast, Growth, Transaction, Canada Business Corporations Act, La, Mining, Dundee Corporation, AISC, RBC Capital Markets, TSX, Gold, Franco-Nevada, TSX Venture Exchange, VWAP, Agreement, Gignac, Eldorado Gold, Multilateral, RGD, Norton Rose Fulbright, Minority, Committee, BMO Capital Markets, Toronto Stock Exchange, Newmont, Acquisition, Subscription business model, Guiana Shield, Index, Security (finance)

BROSSARD and LONGUEUIL, Quebec, April 22, 2024 (GLOBE NEWSWIRE) -- G Mining Ventures Corp. (“GMIN”) (TSX: GMIN) (OTCQX: GMINF) and Reunion Gold Corporation (“RGD”) (TSXV:RGD) (OTCQX:RGDFF) are pleased to announce they have entered into a definitive agreement (the “Agreement”) to combine the two companies, setting the stage for the creation of a leading intermediate gold producer (the “Transaction”).

Key Points: 
  • The Transaction sets the stage for the creation of an Americas focused leading intermediate gold producer.
  • Continues GMIN’s strategy of building an Americas focused intermediate gold producer through its Buy, Build, Operate Strategy.
  • Strengthens portfolio and positions GMIN to execute on its strategy of building the next intermediate gold producer leading to further re-rate potential and index inclusion.
  • 43% ownership in an emerging intermediate gold producer, with a strong track-record of value creation and share price outperformance.

Liberty Gold Announces Signing of Definitive Agreement to Sell the TV Tower Project in Türkiye

Retrieved on: 
Wednesday, April 17, 2024
Project, Agreement, Sale, LGD, Black pine, OTCQX, TSX, Radio masts and towers, Transaction, Gold, Teahouse

VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce it has signed a share purchase agreement (the “Agreement”) for the sale of its interest in the TV Tower copper gold project (“TV Tower” or the “Project”), located in Biga Province, northwest Türkiye, to a foreign mining company.

Key Points: 
  • VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold” or the “Company”) is pleased to announce it has signed a share purchase agreement (the “Agreement”) for the sale of its interest in the TV Tower copper gold project (“TV Tower” or the “Project”), located in Biga Province, northwest Türkiye, to a foreign mining company.
  • Pursuant to the terms of the Agreement, Liberty Gold has agreed to sell its 72.1% interest in the company that holds the Project for gross proceeds to the Company of US$8.3 million in cash, to be paid in three stages over a two-year period (the “Transaction”).
  • Cal Everett, CEO and Director of Liberty Gold commented, “The sale of TV Tower strengthens Liberty Gold’s treasury position without diluting shareholder’s exposure to our flagship Black Pine project in Southern Idaho while also removing annual carrying costs related to the project.
  • Liberty Gold will now be 100% Great Basin focused advancing two Carlin-style gold deposits.”
    Closing of the Transaction is subject to customary conditions including the approval of the local mining authorities.

GFG Issues Shares to IEP Pursuant to WWCC Gold Property Option Agreement

Retrieved on: 
Tuesday, April 16, 2024
Prospectors, VWAP, IEP, Agreement, News, GFG

SASKATOON, Saskatchewan, April 16, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB:GFGSF) (“GFG” or the “Company”) announces that it has issued shares pursuant to the previously announced option agreement (the “Agreement”) with International Explorers and Prospectors Inc. (“IEP”) whereby GFG can acquire a 100% interest of the WWCC Property, located 40 kilometres east of Timmins, Ontario (see news release: “ GFG Finalizes WWCC Property Acquisition East of the Prolific Timmins Gold District”) .

Key Points: 
  • SASKATOON, Saskatchewan, April 16, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB:GFGSF) (“GFG” or the “Company”) announces that it has issued shares pursuant to the previously announced option agreement (the “Agreement”) with International Explorers and Prospectors Inc. (“IEP”) whereby GFG can acquire a 100% interest of the WWCC Property, located 40 kilometres east of Timmins, Ontario (see news release: “ GFG Finalizes WWCC Property Acquisition East of the Prolific Timmins Gold District”) .
  • Pursuant to the Agreement, GFG issued a total of 2,500,000 common shares of the Company to IEP on April 12, 2024 at a deemed value of C$0.08 per common share based on the VWAP for the five previous trading days.
  • The common shares issued will have a statutory hold period of four months and one day from the date of issuance.

McEwen Mining Announces Friendly Acquisition of Timberline Resources

Retrieved on: 
Tuesday, April 16, 2024
Agreement, News, Par value, OTCQB, Annual report, Security (finance), TSX, Risk, Acquisition, Transaction, Mining, COVID-19, The Company, MUX

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) (“McEwen”) is pleased to announce that it has entered into a definitive agreement and plan of merger (the “Agreement”) to acquire all of the issued and outstanding shares of Timberline Resources Corporation (TSXV:TBR)(OTCQB:TLRS) (“Timberline”) by way of a merger between Timberline and a subsidiary of McEwen (the “Transaction”).

Key Points: 
  • TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE: MUX)(TSX: MUX) (“McEwen”) is pleased to announce that it has entered into a definitive agreement and plan of merger (the “Agreement”) to acquire all of the issued and outstanding shares of Timberline Resources Corporation (TSXV:TBR)(OTCQB:TLRS) (“Timberline”) by way of a merger between Timberline and a subsidiary of McEwen (the “Transaction”).
  • McEwen currently owns 6.25 million Timberline shares representing approximately 3.3% of Timberline’s basic common shares outstanding and 6.25 million Timberline warrants.
  • Timberline has agreed not to solicit or initiate any discussion regarding any other business combination or acquisition.
  • In the event that Timberline validly terminates the Agreement to accept a superior offer, Timberline will be required to pay McEwen a termination fee of US$400,000.

QSAM ANNOUNCES REVERSE STOCK SPLIT RATIO AHEAD OF MERGER

Retrieved on: 
Tuesday, April 16, 2024
Agreement, TLX, OTCQB, ASX, Plan, Reverse stock split, Telix, Common stock, Information, QSAM, Security (finance)

Austin, TX, April 16, 2024 (GLOBE NEWSWIRE) -- QSAM Biosciences, Inc. (OTCQB: QSAM) (“QSAM” or the “Company”) previously announced that it will effectuate a reverse stock split of the issued and outstanding shares of QSAM’s common stock, par value $0.0001 per share (“Common Stock”), at a ratio in the range of 1:1000 to 1:2000, prior to the closing of the merger between the Company and Telix Pharmaceuticals Limited (ASX: TLX) (“Telix”) pursuant to which Telix will acquire QSAM (the “Merger”).

Key Points: 
  • Austin, TX, April 16, 2024 (GLOBE NEWSWIRE) -- QSAM Biosciences, Inc. (OTCQB: QSAM) (“QSAM” or the “Company”) previously announced that it will effectuate a reverse stock split of the issued and outstanding shares of QSAM’s common stock, par value $0.0001 per share (“Common Stock”), at a ratio in the range of 1:1000 to 1:2000, prior to the closing of the merger between the Company and Telix Pharmaceuticals Limited (ASX: TLX) (“Telix”) pursuant to which Telix will acquire QSAM (the “Merger”).
  • On April 15, 2024, the Board of Directors of QSAM unanimously approved that the reverse stock split ratio be 1-for-2,000 such that once the reverse stock split goes into effect, every holder of Common Stock of the Company shall receive one share of Common Stock for every 2,000 shares of Common Stock held (the “Reverse Stock Split”).
  • On February 7, 2024, a majority of the voting shareholders of QSAM approved the reverse stock split and granted the Board the discretion to adopt the ratio prior to the closing of the Merger, which ratio the Board has adopted and is announcing today.
  • QSAM shareholders are encouraged to review the Information Statement for further information about the Merger and the Reverse Stock Split, which can be found on the SEC Edgar database: QSAM Definitive Information Statement .

Highest Performances Holdings Inc. (NASDAQ: HPH) Secures a Share Purchase Agreement from GEM Global Yield LLC SCS (“GEM”) for an Investment of up to US$500 Million

Retrieved on: 
Tuesday, April 16, 2024
Agreement, Sport, Software, HPH, Intelligence, Intellectual property

GUANGZHOU, China, April 16, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced that it has signed a share purchase agreement (the “Agreement”) with GEM Global Yield LLC SCS (“GEM”), a Luxembourg-based private alternative investment group.

Key Points: 
  • GUANGZHOU, China, April 16, 2024 (GLOBE NEWSWIRE) -- Highest Performances Holdings Inc. (NASDAQ: HPH) (“HPH” or the “Company”), today announced that it has signed a share purchase agreement (the “Agreement”) with GEM Global Yield LLC SCS (“GEM”), a Luxembourg-based private alternative investment group.
  • Subject to the terms and conditions of the Agreement, HPH may increase the Aggregate Limit up to US$1,000,000,000 at a later date by delivering prior written notice to GEM.
  • The funds will be used to fuel the Company's AI development and expansion efforts on a global scale.
  • HPH has the option to issue shares to GEM at its own discretion within the Investment Period.