Agreement

Clover Health Provides Notice Associated with Previously Disclosed Settlement of Shareholder Derivative Actions

Retrieved on: 
Thursday, April 4, 2024

Tenn.); (2) In re: Clover Health Investments Corp.

Key Points: 
  • Tenn.); (2) In re: Clover Health Investments Corp.
  • (collectively the "Shareholder Derivative Actions").
  • The Shareholder Derivative Actions were filed in the wake of the Company's de-SPAC transaction.
  • As previously disclosed, on February 5, 2024, the plaintiffs in the Shareholder Derivative Actions, on the one hand, and the Company, on the other hand, executed a Stipulation and Agreement of Settlement dated February 2, 2024 (the "Stipulation"), which, subject to final court approval, provides the defendants in the Shareholder Derivative Actions with customary releases and, as previously disclosed, will require the Company to implement a suite of corporate governance enhancements (the "Settlement").

ThreeD Capital Inc. Announces New Investor Relations Agreement

Retrieved on: 
Wednesday, April 3, 2024

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce today that it has entered into a new agreement (the “Agreement”) with PHK Investments LLC (“PHK”) to provide investor relations services to the Company.

Key Points: 
  • TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK / OTCQX:IDKFF) a Canadian-based venture capital firm focused on opportunistic investments in companies in the junior resources and disruptive technologies sectors, is pleased to announce today that it has entered into a new agreement (the “Agreement”) with PHK Investments LLC (“PHK”) to provide investor relations services to the Company.
  • PHK is entirely arm's length to ThreeD.
  • The services provided by PHK are to commence at the conclusion of the last agreement between PHK and ThreeD on April 3, 2024 and will continue for a six-month term (resulting in an aggregate Monthly Fee of £41,250).
  • PHK will engage with investors through various digital marketing and social media platforms, to facilitate greater investor awareness and widespread dissemination of ThreeD Capital’s news.

Probe Gold Completes Acquisition of the Beaufor and McKenzie Break Properties in Val-d’Or, Quebec; Consolidates Gold Resources Around the Novador Project

Retrieved on: 
Wednesday, April 3, 2024

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce the completion of its previously announced agreement of purchase and sale (the “Agreement”) with Monarch Mining Corporation (“Monarch”) (see press release ‘Probe Gold announces acquisition of the Beaufor and Mckenzie break properties in Val-d’Or, Quebec’). Pursuant to the Agreement, Probe acquired a 100% interest in the McKenzie Break and Beaufor properties (collectively, the “Property”) The Property acquisition extends the Company’s land package adjacent and immediately to the north of the Company’s Novador Project (“Novador”) (see figure 1) and increases Probe’s landholdings in Val-d’Or to 685 square kilometres.

Key Points: 
  • The Beaufor property currently hosts an historic, high-grade, measured and indicated gold resource of 219,200 ounces of gold at 5.3 g/t and inferred mineral resource of 122,500 ounces of gold at 4.7 g/t.
  • This further consolidates the Courvan Gold Trend, which includes the Courvan, Senore and Beaufor deposits.
  • The McKenzie Break Property is proximal to the Company's Novador Project and hosts an historic, high-grade indicated gold resource of 146,000 ounces of gold at 3.2 g/t, with an inferred mineral resource of 250,600 ounces of gold at 3.1 g/t.
  • The Consideration Shares have a hold period of four months and one day from closing date of the Acquisition.

Terra Balcanica Executes Letter of Intent For Option Agreement To Acquire 100% Interest In Advanced Saskatchewan Uranium Portfolio

Retrieved on: 
Wednesday, April 3, 2024

Pursuant to the Agreement, Terra will have an option (the “Option Agreement”) to acquire a 100% interest in Fulcrum’s Charlot-Neely, Fontaine Lake, Snowbird and South Pendleton uranium licences (the “Licences”) located in northern Saskatchewan, Canada and collectively encompassing 596.71 km2 of highly prospective ground for a uranium discovery.

Key Points: 
  • Pursuant to the Agreement, Terra will have an option (the “Option Agreement”) to acquire a 100% interest in Fulcrum’s Charlot-Neely, Fontaine Lake, Snowbird and South Pendleton uranium licences (the “Licences”) located in northern Saskatchewan, Canada and collectively encompassing 596.71 km2 of highly prospective ground for a uranium discovery.
  • Terra Balcanica CEO, Dr. Aleksandar Mišković, commented: “In our pursuit of high-quality assets worldwide, Terra Balcanica has secured an option to acquire a Canadian uranium portfolio covering close to 600 km2 with tremendous potential for discovery.
  • In a world transitioning to green energy solutions, the acquisition of these assets provides a more robust and diverse exploration portfolio for Terra.
  • On closing of the transaction, Terra will have a four-year option to acquire 100% of Fulcrum’s owned uranium licences.

DIGITAL ALLY, INC ANNOUNCES 2023 OPERATING RESULTS

Retrieved on: 
Tuesday, April 2, 2024

LENEXA, Kansas, April 02, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for fiscal year 2023.

Key Points: 
  • LENEXA, Kansas, April 02, 2024 (GLOBE NEWSWIRE) -- Digital Ally, Inc. (Nasdaq: DGLY) (the “Company” or “our”), today announced its operating results for fiscal year 2023.
  • Operating losses for the year ended December 31, 2023 and 2022 were $22,240,553 and $29,733,258, respectively, a decrease of $7,492,705 (25%).
  • Operating loss as a percentage of revenues improved to 78% in 2023 from 80% in 2022.
  • The Company will host an investor conference call at 11:15 a.m. EDT on Tuesday, April 2, 2023, to discuss its 2023 financial results, corporate and individual subsidiary outlook, and previously announced corporate separation.

Bitcoin Well Announces BTC Sessions Partnership

Retrieved on: 
Tuesday, April 2, 2024

EDMONTON, Alberta, April 02, 2024 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF), the non-custodial bitcoin business on a mission to enable independence is pleased to announce that it has entered into a sponsorship agreement with Ben Perrin, AKA BTC Sessions (“BTC Sessions”) dated April 1, 2024 (the “Agreement”).

Key Points: 
  • EDMONTON, Alberta, April 02, 2024 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV: BTCW; OTCQB: BCNWF), the non-custodial bitcoin business on a mission to enable independence is pleased to announce that it has entered into a sponsorship agreement with Ben Perrin, AKA BTC Sessions (“BTC Sessions”) dated April 1, 2024 (the “Agreement”).
  • “Working with BTC Sessions puts another leading Bitcoin creator on our roster.” Said Adam O’Brien, founder & CEO of the Company.
  • All of this was done before the paid partnership began.”
    Pursuant to the Agreement, BTC Sessions will provide advertising and promotion of the Company’s products and services.
  • Following June 30, 2024, Bitcoin Well shall pay BTC Sessions US$6,000 per month.

Linkage Global Inc Subsidiary to Offer Cross-Border E-commerce Store Operation Services, Unleashing Global Growth Potential

Retrieved on: 
Thursday, March 28, 2024

With these services, Linkage aims to provide customers with comprehensive e-commerce solutions.

Key Points: 
  • With these services, Linkage aims to provide customers with comprehensive e-commerce solutions.
  • The services are designed to assist traditional enterprises and brands in entering the global cross-border e-commerce market, enabling them to expand their business worldwide.
  • Mr. Zhihua Wu, CEO and Chairman of the Board of Directors of the Company stated, “Linkage remains steadfast in its commitment to unlocking the potential of our clients' businesses.
  • The collaboration with Hengyu Footwear and Hanqichangcheng represents a pivotal moment in Linkage's trajectory, underscoring our unwavering dedication to empowering clients in the realm of global cross-border e-commerce.”

Medigus: Revoltz Initiates on Exclusive Distribution Agreement of $2.7 Million in Revenues and Completes the Production of the First 50 PORTO Micro-Mobility EVs

Retrieved on: 
Wednesday, March 27, 2024

Tel Aviv, Israel, March 27, 2024 (GLOBE NEWSWIRE) -- Medigus Ltd. (Nasdaq: MDGS), a technology company engaged in advanced medical solutions, innovative internet technologies and electric vehicle (“EV”) and charging solutions, announced today that Revoltz Ltd, its EV joint venture, 19.9% owned by its subsidiary Fuel Doctor Holdings, Inc. (67.15%), completed its first production batch of 50 units of its micro-mobility electric vehicle, ‘PORTO’.

Key Points: 
  • The completion of production is a significant step in enabling Revoltz to prepare for shipment of units in accordance with the Agreement signed over the past year.
  • During 2023, Revoltz and a premier distributor in Israel (the “Distributor”) entered into the Agreement, worth $2.7 million in revenue, with the goal to steer the advanced PORTO EVs into Israel and adjacent territories.
  • As part of the agreement, the Distributor has already purchased 50 PORTO units for the last-mile delivery market and is committed to purchasing a total of 150 vehicles in the first year of the Agreement.
  • The PORTO uses an advanced tilting advanced leaning suspension mechanism ensures best in class stability even under full load.

Alamos Gold Announces Friendly Acquisition of Argonaut Gold

Retrieved on: 
Wednesday, March 27, 2024

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (“Alamos”) (TSX:AGI; NYSE:AGI) and Argonaut Gold Inc. (“Argonaut”) (TSX:AR) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) whereby Alamos will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement (the “Transaction”).

Key Points: 
  • TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (“Alamos”) (TSX:AGI; NYSE:AGI) and Argonaut Gold Inc. (“Argonaut”) (TSX:AR) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) whereby Alamos will acquire all of the issued and outstanding shares of Argonaut pursuant to a court approved plan of arrangement (the “Transaction”).
  • As part of the Transaction, Alamos will acquire Argonaut’s Magino mine, located adjacent to its Island Gold mine in Ontario, Canada.
  • Under the terms of the Agreement, each Argonaut common share outstanding will be exchanged for 0.0185 Alamos common shares and 1 share of SpinCo2 (the “Exchange Ratio”).
  • Upon completion of the Transaction, existing Alamos and Argonaut shareholders will own approximately 95% and 5% of the pro forma company, respectively.

Quantum Energy Corporation dba/ FlooidCX Corporation [OTC: FLCX] Completes Fourth Licensed Distributor Agreement

Retrieved on: 
Tuesday, April 9, 2024

Quantum Energy Corporation dba/ FlooidCX Corporation (The “Company” or “Quantum” or “FLCX”) [OTC:FLCX], a worldwide exclusive licensee and manufacturer of transformative Direct Energy Systems for the direct generation and distribution of electrical energy, owned by and for use of the consumer, today announces it has finalized its fourth Licensed Distributor Agreement (“Agreement”) with BD Energy, LLC., (“BD Energy”), of Tulsa, Oklahoma.

Key Points: 
  • Quantum Energy Corporation dba/ FlooidCX Corporation (The “Company” or “Quantum” or “FLCX”) [OTC:FLCX], a worldwide exclusive licensee and manufacturer of transformative Direct Energy Systems for the direct generation and distribution of electrical energy, owned by and for use of the consumer, today announces it has finalized its fourth Licensed Distributor Agreement (“Agreement”) with BD Energy, LLC., (“BD Energy”), of Tulsa, Oklahoma.
  • BD Energy has obtained an exclusive Quantum Licensed Distributorship in and for the State of Oklahoma, which includes counties in northern Texas, including the Dallas/Fort Worth metropolitan area.
  • BD Energy is the first, and the exclusive Quantum Licensed Distributor for the State of Oklahoma.
  • Revenue from the Agreement is in the form of a License Fee to Quantum of $1,500,000.00 with an additional $3,000,000.00 in stocking inventory of Quantum Direct Energy System products.