NOT

Whitestone REIT Publishes Investor Presentation Highlighting Execution of Our Strategy to Continue Driving Long Term Sustainable Value Creation

Retrieved on: 
Wednesday, April 24, 2024
Sale, NOT, Annual general meeting, RPT Realty, Security (finance), Trustee, Cedar Realty Trust, REIT, WSR, NOI, Erez, Growth, Management

HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Whitestone REIT (NYSE: WSR) (“Whitestone” or the “Company”) today announced that it filed an investor presentation with the Securities and Exchange Commission (the “SEC”) in connection with its 2024 Annual Meeting of Shareholders on May 14, 2024. The presentation is available at https://ir.whitestonereit.com/news-and-events/presentations/default.aspx.

Key Points: 
  • Our Company is positioned to continue delivering strong results with the midpoint of 2024 guidance indicating 11% year over year Core FFO per share growth.
  • Board overseeing a strategy that is driving value and executing on our long term strategic and operational goals.
  • Their criticisms of our strategy, operations, and corporate governance do not have merit and are meant to mislead shareholders.
  • Whitestone shareholders who have any questions or require any assistance with voting may contact our proxy solicitation firm, Mackenzie Partners, toll-free at (800)-322-2885.

Abcourt Closes a Second Tranche of the Private Placement of Units Previously Announced, for an Amount of $915,500

Retrieved on: 
Tuesday, April 23, 2024
Giant, WIRE, Indian stock exchange, Sale, NOT, Offering, ABI, News, TMX Group, NEWS, TSX Venture Exchange, Security (finance)

ROUYN-NORANDA, Quebec, April 23, 2024 (GLOBE NEWSWIRE) -- Abcourt Mines Inc. (“Abcourt” or the “Corporation”) (TSX Venture: ABI) announces that it has completed a second closing of the non-brokered private placement announced on March 12, 2024, for additional gross proceeds of $915,500, representing 18,310,000 units of the Corporation (the “Units”), at a price of $0.05 per Unit (the "Offering"). Each Unit consists of one common share of the Corporation (a “Common Share”) and one common share purchase warrant (a “Warrant”). Each Warrant entitles the holder thereof to purchase one Common Share at a price of $0.06 for a period of 36 months following the closing date of the Offering.

Key Points: 
  • Each Unit consists of one common share of the Corporation (a “Common Share”) and one common share purchase warrant (a “Warrant”).
  • Each Warrant entitles the holder thereof to purchase one Common Share at a price of $0.06 for a period of 36 months following the closing date of the Offering.
  • Abcourt issued a total of 47,034,688 Units for gross proceeds of $2,351,734 under the first and second tranches of the non-brokered private placement announced on March 12, 2024.
  • An amount of $382,415 representing the subscription price of these 7,648,312 additional Units was transferred to the Corporation to be held in escrow pending shareholder approval and closing of the final tranche of the private placement.

Bonterra Announces Upsize of Brokered Private Placement to Approximately $7.8 Million

Retrieved on: 
Monday, April 22, 2024
Sale, NOT, Unit, Offering, OTCQX, News, Private, BTR, Income Tax Act, CEE, QTA, National instrument, TSX Venture Exchange, Person

VAL-D'OR, Quebec, April 22, 2024 (GLOBE NEWSWIRE) -- Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (“Bonterra” or the “Company”) is pleased to announce that it has entered into an amending agreement with Eight Capital, as lead agent (the “Agent”), to upsize the previously announced private placement. In connection with the upsized offering, the Company will issue up to (i) 21,750,000 units of the Company (the “Units”) and (ii) 5,250,000 Quebec premium flow-through units of the Company (the “FT Units”) at a price of $0.25 per Unit (the “Unit Issue Price”) and $0.445 per FT Unit (the “FT Unit Issue Price”) for aggregate gross proceeds of up to $7,773,750 (the “Offering”).

Key Points: 
  • Each Unit will consist of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”).
  • Each Warrant will entitle the holder thereof to acquire one Share at an exercise price of $0.31 for a period of four years from the date of issuance.
  • The Units issued pursuant to the Private Placement Offering will be subject to a four month hold period under applicable Canadian securities laws.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

GFG Closes Private Placement Financing

Retrieved on: 
Friday, April 19, 2024
Sale, Part, Warrant, NOT, GFG, Offering, Brookfield Place, News, Acceleration, Suite, AGI, Issuer, TSX, Income Tax Act, Exercise, Senior, National instrument, Minority, Security (finance)

SASKATOON, Saskatchewan, April 19, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has closed its private placement financing (the “Offering”) (see news release dated February 23, 2024) for gross proceeds of C$2,505,866. In connection with the Offering, Alamos Gold Inc. (“Alamos”) (TSX: AGI; NYSE: AGI) purchased securities to maintain their 9.9% interest in the Company.

Key Points: 
  • NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES
    SASKATOON, Saskatchewan, April 19, 2024 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has closed its private placement financing (the “Offering”) (see news release dated February 23, 2024 ) for gross proceeds of C$2,505,866.
  • In connection with the Offering, GFG management and directors of the Company (collectively the “Insiders”), purchased a total of 3,200,000 Units and 497,000 FT Units.
  • Prior to the closing of the Offering, Alamos held 20,809,004 common shares and 3,843,303 warrants of GFG, representing a security holding percentage of approximately 11.24%, on a partially diluted basis.
  • Following the closing of the Offering, Alamos will have beneficial ownership of, or control and direction over 23,809,004 common shares and 5,343,303 warrants of GFG.

Bonterra Announces $4M Brokered Private Placement

Retrieved on: 
Thursday, April 18, 2024
NOT, Unit, OTCQX, News, Private, BTR, Documentation, National instrument, TSX Venture Exchange, Person, Security (finance)

VAL-D'OR, Quebec, April 18, 2024 (GLOBE NEWSWIRE) -- Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR2) (“Bonterra” or the “Company”) is pleased to announce that it has entered into an agreement with Eight Capital as lead agent (the “Agent”) in connection with a “best efforts” private placement of up to 16,000,000 units of the Company (the “Units”) at a price of $0.25 per Unit (the “Issue Price”) for aggregate gross proceeds of up to $4,000,000, pursuant to the listed issuer financing exemption available under National Instrument 45-106 – Prospectus Exemptions (the “LIFE Offering”) or the “accredited investor” exemption under National Instrument 45-106 – Prospectus Exemptions (the “Private Placement Offering” and together with the LIFE Offering, the “Offering”), in each of the Provinces of Canada other than Quebec. Each Unit will consist of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder thereof to acquire one Share at an exercise price of $0.31 for a period of four years from the date of issuance.

Key Points: 
  • Each Unit will consist of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”).
  • Prospective investors in the LIFE Offering should read the Offering Document before making an investment decision.
  • The Units issued pursuant to the Private Placement Offering, which will include all Units issued to persons on the President’s List, will be subject to a four month hold period under applicable Canadian securities laws.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Alaris Equity Partners Announces the Redemption of Brown & Settle

Retrieved on: 
Tuesday, April 16, 2024
NOT, TSX, Partnership, Trust, IRR, CAD

CALGARY, Alberta, April 16, 2024 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (the "Trust" and, collectively with its subsidiaries, "Alaris") (TSX: AD.UN) is pleased to announce the redemption of Alaris' interest in Brown & Settle Investments, LLC ("B&S"), which closed on April 12, 2024, and resulted in gross proceeds to Alaris of US$71.5 million (CAD$97.8 million) (the "B&S Proceeds"). Alaris' total return on our B&S investment is US$30.8 million (CAD $42.2 million) delivering an unlevered IRR(3) of 15% and a MOIC(4) of 1.5x.

Key Points: 
  • CALGARY, Alberta, April 16, 2024 (GLOBE NEWSWIRE) -- Alaris Equity Partners Income Trust (the "Trust" and, collectively with its subsidiaries, "Alaris") (TSX: AD.UN) is pleased to announce the redemption of Alaris' interest in Brown & Settle Investments, LLC ("B&S"), which closed on April 12, 2024, and resulted in gross proceeds to Alaris of US$71.5 million (CAD$97.8 million) (the "B&S Proceeds").
  • Alaris' total return on our B&S investment is US$30.8 million (CAD $42.2 million) delivering an unlevered IRR(3) of 15% and a MOIC(4) of 1.5x.
  • Alaris estimates its Run Rate Payout Ratio(1) to be between 65% and 70% following the B&S redemption.
  • "Today’s exit from B&S crystalizes another successful investment for Alaris.

Wrap Technologies, Inc. Provides Update on Operations and Timing to Report Financial Results

Retrieved on: 
Monday, April 15, 2024
Pain, NOT, Single-camera setup, Virtual reality, CIT, Wrap, Partnership, Artificial intelligence, Water police, Development, Operational efficiency, Form 10-K, Bank statement, Growth

The Company is also pleased to share operational highlights from recent quarters and confirms that no financial restatements are anticipated.

Key Points: 
  • The Company is also pleased to share operational highlights from recent quarters and confirms that no financial restatements are anticipated.
  • Wrap currently expects to release fourth quarter and full year 2023 results in the coming weeks, followed by its first quarter 2024 earnings.
  • Additional information and disclosures would be required for a more complete understanding of our financial position and results of operations as of December 31, 2023.
  • Further, these results are not necessarily indicative of the results to be expected for the remainder of the year or any future period.

Fairfax India Holdings Corporation: Result of Voting for Directors at Annual Shareholders’ Meeting

Retrieved on: 
Thursday, April 11, 2024
NOT, TSX

TORONTO, April 11, 2024 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (the “Company”) (TSX: FIH.U) is pleased to announce the results of the vote on Directors at its April 10, 2024 Annual Shareholders’ Meeting.

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    TORONTO, April 11, 2024 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (the “Company”) (TSX: FIH.U) is pleased to announce the results of the vote on Directors at its April 10, 2024 Annual Shareholders’ Meeting.
  • Each of the nominee directors listed in the Company’s management proxy circular dated March 8, 2024 was elected as a director.
  • The voting results for the eleven directors nominated for election are set forth in the table below:

ZimCal Asset Management, LLC Comments on Medallion Financial Corp.’s First Quarter Results

Retrieved on: 
Thursday, May 2, 2024
Banking, Asset Management, Professional Services, Finance, Pain, NOT, WAL, Risk management, ROA, NIM, Medal, Investment

ZimCal Asset Management, LLC, and its affiliates BIMIZCI Fund LLC, Warnke Investments LLC and Stephen Hodges (collectively “ZimCal”) is one of the largest investors in Medallion Financial Corp. (the “Company” or “MFIN”), has over $15.55 million in debt and equity investment exposure and has been invested in MFIN for over 3 years.

Key Points: 
  • ZimCal Asset Management, LLC, and its affiliates BIMIZCI Fund LLC, Warnke Investments LLC and Stephen Hodges (collectively “ZimCal”) is one of the largest investors in Medallion Financial Corp. (the “Company” or “MFIN”), has over $15.55 million in debt and equity investment exposure and has been invested in MFIN for over 3 years.
  • The quarter was not terrible, but the earnings release made it clear that MFIN is managing to the quarter and to expectations, rather than proactively managing for the long-term.
  • While taxi medallion lending continues to have virtually zero losses…”
    This is what keeps ZimCal awake at night.
  • Quarter to quarter fluctuations driven by irregular equity gains or non-recurring taxi medallion recoveries will not mask the pain caused by mass consumer delinquencies.

CANADA CARBON CLOSES PRIVATE PLACEMENT OF UNITS

Retrieved on: 
Wednesday, April 10, 2024
Carbon, NOT, Offering, CCB, News, TSX, Multilateral, Person, Legislation, Unit, Minority, TSX Venture Exchange, The Company, Security (finance)

Toronto, ON, Canada, April 10, 2024 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company") (TSX-V: CCB) is pleased to announce the closing of a non-brokered private placement of 2,466,818 units (each, a “Unit”) at a price of $0.055 per Unit for aggregate gross proceeds of $135,675 (the “Offering”). Each Unit is comprised of one (1) common share (each, a “Share”) in the capital of the Company and one (1) common share purchase warrant (each, a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one common share in the capital of the Company at a price of $0.12 per share for a period of 60 months from the date of issuance.

Key Points: 
  • Toronto, ON, Canada, April 10, 2024 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company") (TSX-V: CCB) is pleased to announce the closing of a non-brokered private placement of 2,466,818 units (each, a “Unit”) at a price of $0.055 per Unit for aggregate gross proceeds of $135,675 (the “Offering”).
  • In connection with the Offering, the Company paid a cash fee of $4,400 to AlphaNorth Asset Management.
  • Ellerton Castor, Chief Executive Officer of the Company, subscribed for 181,818 Units under the Offering.
  • This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation.