Sino-Japanese Journalist Exchange Agreement

ESPERION Announces Agreement to Exchange $15 Million in Principal Amount of its 4.00% Convertible Senior Subordinated Notes due 2025 for Common Stock

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Monday, October 25, 2021
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ANN ARBOR, Mich., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Esperion (NASDAQ: ESPR) today announced that it has entered into a privately negotiated exchange agreement with two co-managed holders (the Holders) of its 4.00% Convertible Senior Subordinated Notes due 2025 (the "Notes").

Key Points: 
  • ANN ARBOR, Mich., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Esperion (NASDAQ: ESPR) today announced that it has entered into a privately negotiated exchange agreement with two co-managed holders (the Holders) of its 4.00% Convertible Senior Subordinated Notes due 2025 (the "Notes").
  • Under the terms of the exchange agreement, the Holders agreed to exchange (the Exchange) with ESPERION $15.0 million aggregate principal amount of Notes held in the aggregate by them (and accrued interest thereon) for shares of ESPERIONs common stock.
  • The Exchange is expected to close on November 3, 2021, subject to the satisfaction of customary closing conditions.
  • The inclusion of forward-looking statements should not be regarded as a representation by ESPERION that any of these results will be achieved.

i-80 Gold Completes Transaction with Nevada Gold Mines to Acquire Lone Tree and Buffalo Mountain

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Friday, October 15, 2021
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"With the closing of this transaction, we now embark on our aggressive growth plan to achieve our goal of building a prominent mid-tier gold producer" stated Matthew Gollat, EVP Business and Corporate Development of i-80 Gold.

Key Points: 
  • "With the closing of this transaction, we now embark on our aggressive growth plan to achieve our goal of building a prominent mid-tier gold producer" stated Matthew Gollat, EVP Business and Corporate Development of i-80 Gold.
  • "Becoming one of only three companies in Nevada with infrastructure to process refractory mineralization, i-80 has gained a strategic advantage for long-term mine development.
  • In connection with the Asset Exchange, NGM subscribed for 22,757,393 Common Shares under the Private Placement at the Issue Price.
  • i-80 Gold Corp. is a well-financed, Nevada-focused mining company with a goal of achieving mid-tier gold producer status.

LSB Industries, Inc. Announces Closing of Transformative Exchange Transaction

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Monday, September 27, 2021
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LSB Industries, Inc. (LSB or the Company), (NYSE: LXU), today announced that it has closed the previously announced transaction (the Exchange Transaction) with LSB Funding LLC, an affiliate of Eldridge Industries, LLC (Eldridge), to exchange the shares of LSB Series E-1 and Series F-1 Redeemable Preferred Stock held by Eldridge for shares of LSB common stock.

Key Points: 
  • LSB Industries, Inc. (LSB or the Company), (NYSE: LXU), today announced that it has closed the previously announced transaction (the Exchange Transaction) with LSB Funding LLC, an affiliate of Eldridge Industries, LLC (Eldridge), to exchange the shares of LSB Series E-1 and Series F-1 Redeemable Preferred Stock held by Eldridge for shares of LSB common stock.
  • In connection with the transaction, the Company will pay existing LSB common stockholders a special dividend in the form of 0.30 shares of LSB common stock for every share owned as of the September 24, 2021 special dividend record date.
  • Mark Behrman, LSBs President and CEO, stated, The closing of our exchange transaction with Eldridge represents a major step in LSBs progress towards becoming a Company that generates consistent growth in earnings and cash flow, and delivers increasing value to our stockholders.
  • LSB Industries, Inc., headquartered in Oklahoma City, Oklahoma, manufactures and sells chemical products for the agricultural, mining, and industrial markets.

i-80 Gold Initiates Underground Test Mining Program at Granite Creek, Nevada

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Tuesday, September 14, 2021
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Underground Mineral Resources as stated are constrained within modelled underground stope shapes using a nominal 15' minimum thickness, above a gold cut-off grade of 0.15 opt Au.

Key Points: 
  • Underground Mineral Resources as stated are constrained within modelled underground stope shapes using a nominal 15' minimum thickness, above a gold cut-off grade of 0.15 opt Au.
  • The primary goal of the 2021 program is to advance underground drilling and test mining with a target to make a production decision.
  • The test mining program at Granite Creek is verifying the appropriate mining methods, cycles, and sequences for advancing the underground ore headings, while controlling open excavations and maintaining safe mining conditions.
  • In addition to the underground drill program at Granite Creek, the surface drilling program testing nearsurface mineralization for metallurgical purposes and open pit definition is now complete.

i-80 Gold Initiates Underground Test Mining Program at Granite Creek, Nevada

Retrieved on: 
Tuesday, September 14, 2021
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Underground Mineral Resources as stated are constrained within modelled underground stope shapes using a nominal 15' minimum thickness, above a gold cut-off grade of 0.15 opt Au.

Key Points: 
  • Underground Mineral Resources as stated are constrained within modelled underground stope shapes using a nominal 15' minimum thickness, above a gold cut-off grade of 0.15 opt Au.
  • The primary goal of the 2021 program is to advance underground drilling and test mining with a target to make a production decision.
  • The test mining program at Granite Creek is verifying the appropriate mining methods, cycles, and sequences for advancing the underground ore headings, while controlling open excavations and maintaining safe mining conditions.
  • In addition to the underground drill program at Granite Creek, the surface drilling program testing nearsurface mineralization for metallurgical purposes and open pit definition is now complete.

Nevada Gold Mines to Consolidate South Arturo Property in Exchange for Lone Tree and Buffalo Mountain Properties

Retrieved on: 
Tuesday, September 7, 2021

ELKO, Nev., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Nevada Gold Mines (NGM) has entered into a definitive asset exchange agreement (the “Exchange Agreement”) to acquire from i-80 Gold Corp. the 40% interest in the South Arturo Joint Venture that NGM does not already own as well as a low-cost option to acquire the adjacent Rodeo Creek exploration property, in exchange for the Lone Tree and Buffalo Mountain properties and infrastructure which are currently in care and maintenance. The exchange transaction will have an effective date of June 1, 2021.

Key Points: 
  • Certain information contained or incorporated by reference in this press release, including any information as to Barricks and Nevada Gold Mines strategy, projects, plans or future financial or operating performance, constitutes forward-looking statements.
  • All statements, other than statements of historical fact, are forward-looking statements.
  • The words agreement, estimated, contingent, proposed, conditional, expect, anticipate, potential, may, will, can, could and similar expressions identify forward-looking statements.
  • All of the forward-looking statements made in this press release are qualified by these cautionary statements.

LSB Industries, Inc. Announces Filing of Definitive Proxy Statement and Sets September 22, 2021 for Special Meeting of Stockholders to Vote on Exchange Transaction

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Thursday, August 26, 2021
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Stockholders of record at the close of business on the Record Date will be entitled to vote their shares at the Special Meeting.

Key Points: 
  • Stockholders of record at the close of business on the Record Date will be entitled to vote their shares at the Special Meeting.
  • The LSB industries Board of Directors unanimously recommends that stockholders vote FOR the transactions contemplated by the Exchange Agreement with Eldridge as well as the other proposals set forth in the proxy statement.
  • This communication is not a substitute for the proxy statement or any other document that LSB may file with the SEC.
  • The definitive proxy statement was mailed to LSB stockholders commencing on August 26, 2021.

Microchip Technology Announces Exchange of Convertible Notes

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Thursday, August 12, 2021
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CHANDLER, Ariz., Aug. 12, 2021 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that that it has entered into separate privately negotiated exchange agreements (the Exchange Agreements) with certain holders of its outstanding 1.625% Convertible Senior Subordinated Notes due 2025 (the 2025 Notes), 1.625% Convertible Senior Subordinated Notes due 2027 (the 2027 Notes) and 2.250% Convertible Junior Subordinated Notes due 2037 (the 2037 Notes and, together with the 2025 Notes and the 2027 Notes, collectively, the Notes), pursuant to which Microchip will deliver and pay, as the case may be, an aggregate of (a) approximately 2.7 million shares of Microchips common stock, par value $0.001 per share (the Common Stock), based on the Reference Price (as defined below) and (b) approximately $266.0 million in cash, collectively, including accrued interest, in exchange for approximately $70.4 million principal amount of the 2025 Notes, approximately $100.7 million principal amount of the 2027 Notes and approximately $92.5 million principal amount of the 2037 Notes (the Exchange Transactions).

Key Points: 
  • CHANDLER, Ariz., Aug. 12, 2021 (GLOBE NEWSWIRE) -- (NASDAQ: MCHP) Microchip Technology Incorporated, a leading provider of smart, connected and secure embedded control solutions, today announced that that it has entered into separate privately negotiated exchange agreements (the Exchange Agreements) with certain holders of its outstanding 1.625% Convertible Senior Subordinated Notes due 2025 (the 2025 Notes), 1.625% Convertible Senior Subordinated Notes due 2027 (the 2027 Notes) and 2.250% Convertible Junior Subordinated Notes due 2037 (the 2037 Notes and, together with the 2025 Notes and the 2027 Notes, collectively, the Notes), pursuant to which Microchip will deliver and pay, as the case may be, an aggregate of (a) approximately 2.7 million shares of Microchips common stock, par value $0.001 per share (the Common Stock), based on the Reference Price (as defined below) and (b) approximately $266.0 million in cash, collectively, including accrued interest, in exchange for approximately $70.4 million principal amount of the 2025 Notes, approximately $100.7 million principal amount of the 2027 Notes and approximately $92.5 million principal amount of the 2037 Notes (the Exchange Transactions).
  • In exchange for delivering and paying, as applicable, the shares of Microchips Common Stock and cash pursuant to the Exchange Transactions, Microchip will receive and cancel the exchanged Notes.
  • The Company is relying on this exemption from registration based on the representations made by the holders of the Notes participating in the Exchange Transactions.
  • The Microchip logo and name are registered trademarks of Microchip Technology Incorporated.