Arrangement

ATHA Energy to Acquire Latitude Uranium and 92 Energy to Create a Leading Canadian Uranium Exploration Company

Retrieved on: 
Thursday, December 7, 2023
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Under the terms of the Latitude Arrangement, Latitude shareholders (the “Latitude Shareholders”) will receive 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each Latitude Share held (the “Latitude Exchange Ratio”).

Key Points: 
  • Under the terms of the Latitude Arrangement, Latitude shareholders (the “Latitude Shareholders”) will receive 0.2769 of a common share of ATHA (each whole share, an “ATHA Share”) for each Latitude Share held (the “Latitude Exchange Ratio”).
  • The Latitude Exchange Ratio was determined giving consideration to recent average trading prices for each of Latitude and ATHA.
  • John Jentz, Chief Executive Officer of Latitude Uranium, commented: “We are very excited to be part of such a transformative transaction to create an unparalleled uranium exploration company focused on Canada's three major uranium districts.
  • The combined company will have increased scale and prospectivity and we believe it will be a go-to name in the uranium exploration industry."

IsoEnergy and Consolidated Uranium Complete Merger Creating a Leading, Diversified Uranium Company in Tier One Jurisdictions

Retrieved on: 
Tuesday, December 5, 2023
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The Arrangement results in IsoEnergy acquiring 100% of the CUR Shares not already held by IsoEnergy or its affiliates and Consolidated Uranium becoming a wholly owned subsidiary of IsoEnergy.

Key Points: 
  • The Arrangement results in IsoEnergy acquiring 100% of the CUR Shares not already held by IsoEnergy or its affiliates and Consolidated Uranium becoming a wholly owned subsidiary of IsoEnergy.
  • Pursuant to the Arrangement, Consolidated Uranium shareholders (the “CUR Shareholders”) received 0.500 common shares of IsoEnergy (each whole share, an “IsoEnergy Share”) for each CUR Share held.
  • Philip Williams, CEO and Director of IsoEnergy, commented, “The closing of the Merger between IsoEnergy and Consolidated Uranium marks a significant milestone for IsoEnergy in cementing its position as a well-funded, globally significant, multi-asset, multi-jurisdiction uranium developer and explorer.
  • This aligns with IsoEnergy as it combines assets with Consolidated Uranium, for a portfolio focused on Canada, the U.S. and Australia.

Consolidated Uranium Announces Receipt of Final Order for Arrangement with IsoEnergy

Retrieved on: 
Friday, December 1, 2023
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TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that the Ontario Superior Court of Justice has granted the final order (the “Final Order”) in connection with the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “Merger” or the “Arrangement”), pursuant to which, among other things, IsoEnergy Ltd. (“IsoEnergy”) (TSXV:ISO) will acquire all of the issued and outstanding common shares of Consolidated Uranium not already held by IsoEnergy or its affiliates (the “CUR Shares”) in exchange for 0.500 of a common share of IsoEnergy (each whole share, an “IsoEnergy Share”) for each CUR Share held.

Key Points: 
  • TORONTO, Dec. 01, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that the Ontario Superior Court of Justice has granted the final order (the “Final Order”) in connection with the previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “Merger” or the “Arrangement”), pursuant to which, among other things, IsoEnergy Ltd. (“IsoEnergy”) (TSXV:ISO) will acquire all of the issued and outstanding common shares of Consolidated Uranium not already held by IsoEnergy or its affiliates (the “CUR Shares”) in exchange for 0.500 of a common share of IsoEnergy (each whole share, an “IsoEnergy Share”) for each CUR Share held.
  • As previously announced, the Arrangement was approved by the Company’s shareholders at a special meeting held on November 28, 2023.
  • Closing of the Arrangement remains subject to satisfaction of certain customary closing conditions, including stock exchange and regulatory approvals.
  • Subject to the satisfaction of these closing conditions, the parties currently expect to complete the Arrangement on or around December 5, 2023.

Consolidated Uranium Announces Voting Results from Special Meeting

Retrieved on: 
Tuesday, November 28, 2023
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TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that shareholders of the Company (the “Shareholders”) have overwhelmingly approved the previously announced merger (the “Merger” or the “Arrangement”) involving CUR and IsoEnergy Ltd. (“IsoEnergy”) at the Company’s special meeting (the “Meeting”) held today.

Key Points: 
  • TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to announce that shareholders of the Company (the “Shareholders”) have overwhelmingly approved the previously announced merger (the “Merger” or the “Arrangement”) involving CUR and IsoEnergy Ltd. (“IsoEnergy”) at the Company’s special meeting (the “Meeting”) held today.
  • A total of 52,552,282 Common Shares, representing approximately 50.67% of votes entitled to be cast at the Meeting, were represented in person or by proxy at the Meeting.
  • The Company will seek a final order approving the Arrangement from the Ontario Superior Court of Justice (Commercial List) on November 30, 2023.
  • Subject to the satisfaction of these closing conditions, the parties currently expect to complete the Arrangement in early December 2023.

Consolidated Uranium and Premier American Uranium Announce Closing of Spin-Out

Retrieved on: 
Monday, November 27, 2023
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TORONTO, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, or “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) and Premier American Uranium Inc. (“PUR” or “Premier American Uranium”) are pleased to announce that the previously announced spin-out of PUR through a plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) has been completed.

Key Points: 
  • TORONTO, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, or “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) and Premier American Uranium Inc. (“PUR” or “Premier American Uranium”) are pleased to announce that the previously announced spin-out of PUR through a plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”) has been completed.
  • CUR Shareholders of record as of the Record Date are entitled to receive PUR Shares in respect of the CUR Shares they hold.
  • As consideration under the Premier Transaction, PUR has issued 12,000 Compressed Shares to the former shareholders of Premier.
  • The Compressed Shares are only being issued to the shareholders of Premier in connection with the Premier Transaction.

Adventus and Luminex Announce Merger to Create a Growth-Focused Copper-Gold Company in Ecuador

Retrieved on: 
Tuesday, November 21, 2023
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TORONTO, Nov. 21, 2023 (GLOBE NEWSWIRE) -- Adventus Mining Corporation (“Adventus”) (TSXV: ADZN) (OTCQX: ADVZF) and Luminex Resources Corp. (“Luminex”) (TSXV: LR) (OTCQX: LUMIF) are pleased to announce that they have entered into an arrangement agreement (the “Arrangement Agreement”), pursuant to which Adventus will acquire all of the issued and outstanding common shares of Luminex (the “Luminex Shares”), in exchange for common shares of Adventus (the “Adventus Shares”), by way of a plan of arrangement (the “Transaction”, with the resulting entity referred to as the “Resulting Issuer”). The Transaction will create a combined company that intends to lead the advancement of the El Domo-Curipamba copper-gold project (the “El Domo Project”) towards production and consolidates a large and prospective gold-copper development and exploration portfolio in Ecuador totalling over 135,000 hectares which includes the preliminary economic assessment (“PEA”) stage Condor gold project (the “Condor Project”). Further details of the Transaction are outlined below.

Key Points: 
  • Christian Kargl-Simard, President and CEO of Adventus, commented: “This Transaction is an exciting opportunity to unite complementary assets, teams, and investors to create value for all Adventus and Luminex shareholders.
  • DLA Piper (Canada) LLP, DLA Piper LLP (US) and AVL Abogados are acting as legal counsel to Adventus in Canada, the U.S. and Ecuador, respectively.
  • Borden Ladner Gervais LLP, Troutman Pepper Hamilton Sanders LLP, and Tobar ZVS are acting as legal counsel to Luminex in Canada, the U.S. and Ecuador, respectively.
  • Adventus and Luminex will host a joint conference call on Tuesday, November 22, 2023, at 12:00 pm (noon) ET to discuss the Transaction.

Consolidated Uranium Announces Record Date for the Spin-Out of Premier American Uranium

Retrieved on: 
Monday, November 20, 2023
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TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to provide an update on the previously announced planned spin-out of Premier American Uranium Inc. (“Premier American Uranium” or “PUR”), through a plan of arrangement under the Business Corporations Act (Ontario) (the “Spin-Out”).

Key Points: 
  • TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Consolidated Uranium Inc. (“CUR”, the “Company”, “Consolidated Uranium”) (TSXV: CUR) (OTCQX: CURUF) is pleased to provide an update on the previously announced planned spin-out of Premier American Uranium Inc. (“Premier American Uranium” or “PUR”), through a plan of arrangement under the Business Corporations Act (Ontario) (the “Spin-Out”).
  • PUR is currently a majority-controlled subsidiary of CUR focused on the acquisition, exploration, and development of uranium projects in Wyoming and Colorado.
  • Accordingly, the Company is pleased to announce the anticipated closing date for the Spin-Out is November 27, 2023 (the “Record Date”).
  • Shareholders of record as of October 16, 2023, are eligible to vote at the Meeting.

FINSIGHT Group Intends to Vote AGAINST Q4 Inc.’s Proposed Acquisition by Sumeru Equity Partners

Retrieved on: 
Thursday, December 28, 2023
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For these reasons, and as we explain further below, subject to more substantive disclosure, FINSIGHT intends to vote AGAINST the Arrangement.

Key Points: 
  • For these reasons, and as we explain further below, subject to more substantive disclosure, FINSIGHT intends to vote AGAINST the Arrangement.
  • FINSIGHT acquired its ownership in Q4 because we believe in its long-term growth potential and the strength of its core business.
  • Instead, the proposed Arrangement threatens to prematurely siphon the Company’s future potential into the pockets of conflicted insiders, the Rolling Shareholders, and Sumeru Equity Partners.
  • Moreover:
    Is any portion of Q4 management’s future compensation tied to the returns to be realized by Sumeru Equity Partner’s investment in Q4?

Inpixon Announces That Damon Motors Will Feature Its HyperFighter Superbike at CES 2024

Retrieved on: 
Wednesday, December 20, 2023
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PALO ALTO, Calif., Dec. 20, 2023 /PRNewswire/ -- Inpixon® (Nasdaq: INPX) today announced that Damon Motors, maker of the award-winning HyperSport EV Motorcycle, will be featuring its HyperFighter Superbike at CES 2024 within the NXP® Semiconductors booth CP-19 at the Las Vegas Convention Center Central Plaza, January 9-12, 2024. CES, owned and produced by the Consumer Technology Association (CTA)®, is widely recognized as the one of the most influential tech events in the world. CES provides a platform to showcase groundbreaking technologies and global innovators including manufacturers, developers, and suppliers of consumer technology products.

Key Points: 
  • CES provides a platform to showcase groundbreaking technologies and global innovators including manufacturers, developers, and suppliers of consumer technology products.
  • "We are pleased to return to CES and feature our innovative HyperFighter Superbike," commented Jay Giraud, CEO of Damon Motors.
  • "CES brings together global leaders within the technology industry and provides the stage to experience leading products from around the world.
  • Inpixon may elect to change the Record Date for the Spin-off to a later date or to not proceed with the distribution.

Partners Value Investments LP and Partners Value Investments Inc. Receive Securityholder and Court Approval for Reorganization

Retrieved on: 
Wednesday, November 15, 2023
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The effect of the Arrangement is to, among other things, amalgamate Partners Limited with PVII and other related entities, with the resulting entity continuing to be named Partners Value Investments Inc. (“Amalco”), under a newly formed limited partnership named Partners Value Investments L.P. (“New PVI LP”).

Key Points: 
  • The effect of the Arrangement is to, among other things, amalgamate Partners Limited with PVII and other related entities, with the resulting entity continuing to be named Partners Value Investments Inc. (“Amalco”), under a newly formed limited partnership named Partners Value Investments L.P. (“New PVI LP”).
  • New PVI LP will have substantially the same capital structure and unit terms as the Partnership.
  • The Partnership and PVII have now received board, securityholder and court approval, all material regulatory approvals have been obtained, and the shareholders of Partners Limited have approved the Arrangement.
  • No securities have been or will be registered under the United States Securities Act of 1933, as amended (the “U.S.