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GSP Resource Corp. Closes Second Tranche of Private Placement

Retrieved on:

Tuesday, August 24, 2021

VANCOUVER, British Columbia, Aug. 24, 2021 (GLOBE NEWSWIRE) -- GSP Resource Corp. (TSX-V: GSPR) (the “Company” or “GSP”) announces that further to its news release dated July 14, 2021, it has closed the second tranche (the "Second Tranche") of its non-brokered private placement (the "Private Placement"). Under the Second Tranche, the Company has issued 300,000 units (each, a “Unit”) at a price of $0.35 per Unit for gross proceeds of $105,000. Each Unit consists of one ‘flow-through’ common share and one-half of one transferable common share purchase warrant (“Warrants”). Each whole Warrant entitles the holder to purchase one common share of the Company at a price of $0.50 per share for a period of three (3) years following the date of issuance.

Key Points:

VANCOUVER, British Columbia, Aug. 24, 2021 (GLOBE NEWSWIRE) -- GSP Resource Corp. (TSX-V: GSPR) (the Company or GSP) announces that further to its news release dated July 14, 2021, it has closed the second tranche (the "Second Tranche") of its non-brokered private placement (the "Private Placement").
Under the Second Tranche, the Company has issued 300,000 units (each, a Unit) at a price of $0.35 per Unit for gross proceeds of $105,000.
Proceeds from the Private Placement are expected to be used for exploration and development work on the Companys Alwin Mine Copper-Silver-Gold Project.
About GSP Resource Corp.: GSP Resource Corp. is a mineral exploration & development company focused on projects located in Southwestern British Columbia.

Avicanna Expands Sales of Pura Earth and RHO Phyto Branded Topicals into Alberta’s Retail Channels

Retrieved on:

Tuesday, August 24, 2021

TORONTO, Aug. 24, 2021 (GLOBE NEWSWIRE) -- Avicanna Inc. ("Avicanna" or the "Company) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN) a biopharmaceutical company focused on the development, manufacturing, and commercialization of plant-derived cannabinoid-based products is pleased to announce that its RHO Phyto and Pura Earth branded topicals have attained initial listings and commenced sales in the Canadian province of Alberta.

Key Points:

As part of the development process, Avicannas topicals have gone through various pre-clinical and clinical evaluation before being released to the market.
Our market approach is to deliver these proprietary products with the support of appropriate education and training to all stakeholders.
Pura Earth products fit into any daily self-care routine and can be used in conjunction with other skincare products.
Avicanna manages its own supply chain including cultivation and extraction through its two majority-owned subsidiaries, Sativa Nativa S.A.S.

Nexus Real Estate Investment Trust Announces Closing of $112.1 Million Bought Deal Equity Offering

Retrieved on:

Monday, August 23, 2021

TORONTO and MONTREAL, Aug. 23, 2021 (GLOBE NEWSWIRE) -- Nexus Real Estate Investment Trust (“Nexus” or the “REIT”) (TSX: NXR.UN) announced today the closing of its previously announced public offering (the “Offering”) of trust units of the REIT (the “Units”) to a syndicate of underwriters led by BMO Capital Markets and Desjardins Capital Markets (collectively, the “Underwriters”), on a bought deal basis. A total of 9,918,750 Units were issued at a price of $11.30 per Unit pursuant to the Offering for total gross proceeds to the REIT of $112,081,875 which includes the gross proceeds from the exercise in full of the over-allotment option granted to the Underwriters to purchase 1,293,750 Units.

Key Points:

The terms of the Offering are described in the prospectus supplement, which is available under the REITs profile on SEDAR at www.sedar.com.
The REIT currently owns a portfolio of 89 properties comprising approximately 6.6 million square feet of gross leasable area.
Additionally, there are Class B LP Units of subsidiary limited partnerships of Nexus issued and outstanding, which are convertible into approximately 16,400,000 Units.
The factors identified above are not intended to represent a complete list of the factors that could affect the REIT.

Indexable Broaching Systems for CNC Spline Broaching

Retrieved on:

Monday, August 23, 2021

United States Navy, Modern Machine Shop, Future, Multimedia, CNC, NOT, View, Broker

CNC Broach Tool swiftly developed the spline broaching inserts and tooling capable of cutting the involute spline form.

Key Points:

CNC Broach Tool swiftly developed the spline broaching inserts and tooling capable of cutting the involute spline form.
CNC Broach Tool has always offered in stock keyway broaches and has developed the resources to deliver spline broaching inserts for their indexable broaching systems.
CNC Broach Tool LLC now offers spline broaching inserts in 7-10 business days upon print approval.
Blind Spline Broaching is possible with the indexable broaching system from CNC Broach Tools.

Kadestone Capital Corp. Reports Q2 2021 Financial Results

Retrieved on:

Friday, August 20, 2021

Company, Growth, Analysis, Acquisition, Conversation, Method, International, The Company, Risk, TSX Venture Exchange, Investment, FOR, Management, NOT, CEO, Sale, Mission statement, Income, Bank

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

Key Points:

/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
VANCOUVER, BC, Aug. 20, 2021 /CNW/ - Kadestone Capital Corp. ("Kadestone" or the "Company") (TSXV: KDSX) (OTCB: KDCCF), a vertically integrated property company today announced its financial results for the six months ended June 30, 2021.
"Securing and funding the Chilliwack and Squamish investments is a significant milestone for Kadestone.
We wish to thank our development partner and the lending banks for their confidence in Kadestone.
We are excited about our progress this year in identifying opportunities and securing additional investments," said Brent Billey, the Company's CEO.

Avicanna Announces Closing of Secured Debt Financing

Retrieved on:

Thursday, August 19, 2021

TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Avicanna Inc. (the “Company” or “Avicanna”) (TSX: AVCN) is pleased to announce closing of the previously announced secured term loan financing (the “Term Loan”) in the principal amount of $2,118,000. The Term Loan is subject to an original issue discount of approximately 15%, such that $1,800,000 was advanced by the lender thereof (the “Lender”) to the Company. The Term Loan is due October 19, 2022.

Key Points:

ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAWS/
TORONTO, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Avicanna Inc. (the Company or Avicanna) (TSX: AVCN) is pleased to announce closing of the previously announced secured term loan financing (the Term Loan) in the principal amount of $2,118,000.
The terms of the Term Loan are consistent with those previously disclosed in the Companys press release of August 3, 2021 (the Prior Release).
Avicanna manages its own supply chain including cultivation and extraction through its two majority-owned subsidiaries, Sativa Nativa S.A.S.
For more information about Avicanna, visit www.avicanna.com, call 1-647-243-5283, or contact Setu Purohit, President, by email at [email protected].

Legalized Online eSports Betting Generating Impressive New Source Of Revenues For Gaming Companies

Retrieved on:

Thursday, August 19, 2021

Such a large number of esports betting sites have helped many people enjoy a legal and safe way to bet on competitive gaming as a form of entertainment.

Key Points:

Such a large number of esports betting sites have helped many people enjoy a legal and safe way to bet on competitive gaming as a form of entertainment.
Active gaming and tech companies in the markets today include: Esports Technologies(NASDAQ: EBET), International Game Technology PLC(NYSE: IGT), Enthusiast Gaming Holdings Inc.(NASDAQ: EGLX) (TSX: EGLX), Elys Game Technology, Corp. (NASDAQ: ELYS), Skilz(NYSE: SKLZ).
Plus, the fact that esports betting sites only accept real money bets rather than permitting skin gambling has helped the activity enjoy more legitimacy.
Skin betting blighted esports betting for many years as it was commonly linked with underage gambling.

Legalized Online eSports Betting Generating Impressive New Source Of Revenues For Gaming Companies

Retrieved on:

Thursday, August 19, 2021

Such a large number of esports betting sites have helped many people enjoy a legal and safe way to bet on competitive gaming as a form of entertainment.

Key Points:

Such a large number of esports betting sites have helped many people enjoy a legal and safe way to bet on competitive gaming as a form of entertainment.
Active gaming and tech companies in the markets today include: Esports Technologies(NASDAQ: EBET), International Game Technology PLC(NYSE: IGT), Enthusiast Gaming Holdings Inc.(NASDAQ: EGLX) (TSX: EGLX), Elys Game Technology, Corp. (NASDAQ: ELYS), Skilz(NYSE: SKLZ).
Plus, the fact that esports betting sites only accept real money bets rather than permitting skin gambling has helped the activity enjoy more legitimacy.
Skin betting blighted esports betting for many years as it was commonly linked with underage gambling.

Value Of The Esports Betting Industry Forecasted To Reach $13.05 Billion Dollars By 2025

Retrieved on:

Thursday, August 19, 2021

The biggest esports tournaments for games now offer millions of dollars worth of prize pools, and they just show how competitive and lucrative the esports industry is.

Key Points:

The biggest esports tournaments for games now offer millions of dollars worth of prize pools, and they just show how competitive and lucrative the esports industry is.
More and more people are now starting to follow esports events and the betting industry knows this very well, and now, more people are starting to participate in esports betting.
With that, the value of the esports betting industry alone is forecasted to grow as big as 13.05 billion US dollars by 2025.
It was last year when the UK Gambling Commission reported that the growth rate of esports betting reached an astounding 2992 percent in just 12 months."

Value Of The Esports Betting Industry Forecasted To Reach $13.05 Billion Dollars By 2025

Retrieved on:

Thursday, August 19, 2021

The biggest esports tournaments for games now offer millions of dollars worth of prize pools, and they just show how competitive and lucrative the esports industry is.

Key Points:

The biggest esports tournaments for games now offer millions of dollars worth of prize pools, and they just show how competitive and lucrative the esports industry is.
More and more people are now starting to follow esports events and the betting industry knows this very well, and now, more people are starting to participate in esports betting.
With that, the value of the esports betting industry alone is forecasted to grow as big as 13.05 billion US dollars by 2025.
It was last year when the UK Gambling Commission reported that the growth rate of esports betting reached an astounding 2992 percent in just 12 months."