ROFR

Vortex Metals Concludes the Definitive Agreement to Acquire an 80% Interest in the Illapel Copper Project, Chile

Retrieved on: 
Monday, November 20, 2023
Business, Date, Geology, Commune, Copper, Mining, TMX Group, NNE, SLM, Letter, Vein, FSE, QP, TSX Venture Exchange, VMS, Option style, Definitive, ENAMI, IOCG, ROFR, First Option, Option, Iron ore, Pharmaceutical industry, Security (finance), Bookkeeping, Reinsurance, Grocery store, Textile, Coke (fuel), Credit, Exercise, Property, Illapel, Vortex

Drilling may potentially commence after all regulatory approvals, including the approval from Toronto Venture Stock Exchange (TSXV) have been received.

Key Points: 
  • Drilling may potentially commence after all regulatory approvals, including the approval from Toronto Venture Stock Exchange (TSXV) have been received.
  • Vikas Ranjan, Chief Executive Officer and a Co-Founder of Vortex Metals, stated "we are very excited to conclude the Definitive Agreement and begin exploration work.
  • Such terms are described later in this press release under the heading Terms and Conditions of the Illapel Copper Deal.
  • All Vortex Shares issuable pursuant to the Definitive Agreement will be subject to a 12-month contractual escrow from the date of issuance.

Web3 Ventures Expands Portfolio With Acquisition of Unstoppable Domains Shares From Pluto 11.11, Announces Changes to Board of Directors, Announces Amendment of Its Existing Equity Incentive Plan, and Issues Options and Restricted Share Units to Eligible

Retrieved on: 
Wednesday, September 6, 2023
NFT, FOR, Internet, University, Acquisition, Transaction, Toronto Stock Exchange, Health, Lion Air Group, London Stock Exchange, MVS, Alternative Investment Market, USD, NYSE American, Orthogonality, Option, Knowledge, Multilateral, Anesthesiology, PLUS Markets Group, SVS, NOT, CAD, Medicine, Domain, Medical school, RSU, MI, ROFR, Person, Texas Tech University, American Stock Exchange Building, London, PLUS, Cryptocurrency, Security (finance), Pluto

TORONTO, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Web3 Ventures (the “Company”) is excited to announce its recent acquisition of 24,084 Series A-1 Preferred Stock of Unstoppable Domains Inc. (“Unstoppable Domains”) from Pluto 11.11 Inc. (“Pluto”) value of USD $1,110,978.07 in exchange for 302,186 multiple voting shares (“MVS Shares”) in the capital of the Company valued at CAD$5.00 each (the “Transaction”).

Key Points: 
  • Unstoppable Domains is at the forefront of revolutionizing digital identity and web presence by launching domains secured by blockchains and creating un-censorable websites.
  • "We are thrilled to welcome Unstoppable Domains to our portfolio,” said David Nikzad, CEO and Founder of the Company.
  • “This acquisition aligns perfectly with our vision of enabling a more decentralized and secure internet.
  • The Company is pleased to announce that it has approved the issuance of 10,550,000 options and 1,000,00 RSUs to eligible persons under the 2023 Equity Incentive Plan.

Proton Capital Announces Strategic Alliance Agreement With PharmaChoice Canada Inc.

Retrieved on: 
Thursday, August 31, 2023
Letter, Strategic alliance, Pharmacy, Qualification, ROFR, TSX Venture Exchange, Sale, End-user license agreement, Name, Acquisition, License, Simpson, Health, News, Potential, Real estate, Commercial property, Proton

REGINA, Saskatchewan, Aug. 31, 2023 (GLOBE NEWSWIRE) -- PROTON CAPITAL CORP. (“Proton”) (PTN.P-TSX-V), further to its news releases dated April 20, 2023 and July 26, 2023 in relation to the signing of a Letter of Intent dated April 20, 2023 with PharmaChoice Canada Inc., and the potential qualifying transaction of Proton (“Qualifying Transaction”), Proton is pleased to report that the definitive agreements in relation to a strategic alliance (“Strategic Alliance Agreement”) with PharmaChoice Canada Inc. have been executed.

Key Points: 
  • REGINA, Saskatchewan, Aug. 31, 2023 (GLOBE NEWSWIRE) -- PROTON CAPITAL CORP. (“Proton”) (PTN.P-TSX-V), further to its news releases dated April 20, 2023 and July 26, 2023 in relation to the signing of a Letter of Intent dated April 20, 2023 with PharmaChoice Canada Inc., and the potential qualifying transaction of Proton (“Qualifying Transaction”), Proton is pleased to report that the definitive agreements in relation to a strategic alliance (“Strategic Alliance Agreement”) with PharmaChoice Canada Inc. have been executed.
  • In addition, the Strategic Alliance Agreement includes, but is not limited to, the following schedules which have been executed but are being held in escrow until the completion of the Qualifying Transaction: a license agreement (“License Agreement”), a right-of-first-refusal agreement (“ROFR”) and a master membership agreement (“Master Membership Agreement”).
  • Alan Simpson, CEO of Proton stated, “We are excited about our strategic alliance with PharmaChoice Canada Inc. and our entry into the pharmacy business upon completion of the Qualifying Transaction.
  • This strategic alliance provides long term sustainability for PharmaChoice Canada Inc. and its members and offers Proton a great pipeline of acquisitions for the foreseeable future.

LS Power Applauds Illinois Governor Pritzker's Landmark Veto of Energy Transmission 'Right of First Refusal' Legislation

Retrieved on: 
Wednesday, August 16, 2023
Senior, ROFR, Ideological leanings of United States Supreme Court justices, HB, Iowa Supreme Court, Supreme court, Policy, Research, Refused, Legislation, Public utility

SPRINGFIELD, Ill., Aug. 16, 2023 /PRNewswire/ -- LS Power, a leading development, investment and operating company focused on the North American power and energy infrastructure sector, today announced its support for Illinois Governor J.B. Pritzker's landmark veto of Right of First Refusal (ROFR) legislation that would limit transmission competition and unnecessarily increase the cost of the clean energy transition.

Key Points: 
  • "Allowing competition for ownership of new transmission projects is essential to advance the energy transition in a cost-effective manner."
  • Governor Pritzker's veto is the first such executive action in the nation to stop an anti-competitive energy transmission ROFR bill.
  • In doing so, Governor Pritzker preserves a competitive backdrop for the development and ownership of additional energy transmission projects in Illinois.
  • While today's action is the first veto of ROFR legislation, Illinois joins other states in rejecting monopoly transmission ownership.

Sustainable Electrification of Major Industries Thrusts Copper into the Spotlight

Retrieved on: 
Wednesday, June 28, 2023
Electricity, JX, EVS, QP, Lundin Mining, Transaction, Copper Mountain, Environment, News, NYSE, Financial News, HBM, Graphite, EV, MSN, LUN, Chicago Metallic Corporation, Thermal conductivity, OTCQB, USD, Ventana, Copper, Car, Nickel, IOCG, TSX, Growth, Knowledge, Longevity, Cobalt, Agnico Eagle, Manganese, SAN, Molybdenum, Carbon, LOI, NI, Quality assurance, Lithium, FCX, Metal, Teck Resources, ROFR, Teck, Electric vehicle, Quality control, Mining, OTC, Acquisition, Commune, Mine, Vortex, Hudbay, Caseron Marques de Camachos

NEW YORK, June 28, 2023 /PRNewswire/ -- Copper is one of the most versatile and widely-used metals in the world as well as a widely-traded asset in the major commodities market. The metal is often utilized in the construction of structures, solar energy transmission, and high-speed data transmission lines due to its high electrical and thermal conductivity. It is also commonly utilized to build cables and pipelines due to its malleable and soft physical properties in soft state. Geographically, copper producers with the largest volume by country include Chile, Peru and China. Among them, Chile is responsible for more than double the output of the next biggest producer, Peru, with the former producing 5.6 million metric tons in 2021 compared to Peru's 2.2 million. Vortex Metals Inc. (OTC: VMSSF) (TSX-V: VMS), Hudbay Minerals Inc. (NYSE: HBM) (TSX: HBM), Freeport-McMoRan Inc. (NYSE: FCX), Lundin Mining Corporation (TSX: LUN), Teck Resources Limited (NYSE: TECK) (TSX: TECK)

Key Points: 
  • Geographically, copper producers with the largest volume by country include Chile, Peru and China.
  • Yet, EVs can contain more than a mile of copper wiring inside the stator to convert electric energy into mechanical energy.
  • Chile is the largest copper producer in the world, accounting for approximately 28% of global copper production.
  • The initial controlling interest increases our exposure to what we believe is a growing top-tier copper mining district.

Sustainable Electrification of Major Industries Thrusts Copper into the Spotlight

Retrieved on: 
Wednesday, June 28, 2023
Electricity, JX, EVS, QP, Lundin Mining, Transaction, Copper Mountain, Environment, News, NYSE, Financial News, HBM, Graphite, EV, MSN, LUN, Chicago Metallic Corporation, Thermal conductivity, OTCQB, USD, Ventana, Copper, Car, Nickel, IOCG, TSX, Growth, Knowledge, Longevity, Cobalt, Agnico Eagle, Manganese, SAN, Molybdenum, Carbon, LOI, NI, Quality assurance, Lithium, FCX, Metal, Teck Resources, ROFR, Teck, Electric vehicle, Quality control, Mining, OTC, Acquisition, Commune, Mine, Vortex, Hudbay, Caseron Marques de Camachos

NEW YORK, June 28, 2023 /PRNewswire/ -- Copper is one of the most versatile and widely-used metals in the world as well as a widely-traded asset in the major commodities market. The metal is often utilized in the construction of structures, solar energy transmission, and high-speed data transmission lines due to its high electrical and thermal conductivity. It is also commonly utilized to build cables and pipelines due to its malleable and soft physical properties in soft state. Geographically, copper producers with the largest volume by country include Chile, Peru and China. Among them, Chile is responsible for more than double the output of the next biggest producer, Peru, with the former producing 5.6 million metric tons in 2021 compared to Peru's 2.2 million. Vortex Metals Inc. (OTC: VMSSF) (TSX-V: VMS), Hudbay Minerals Inc. (NYSE: HBM) (TSX: HBM), Freeport-McMoRan Inc. (NYSE: FCX), Lundin Mining Corporation (TSX: LUN), Teck Resources Limited (NYSE: TECK) (TSX: TECK)

Key Points: 
  • Geographically, copper producers with the largest volume by country include Chile, Peru and China.
  • Yet, EVs can contain more than a mile of copper wiring inside the stator to convert electric energy into mechanical energy.
  • Chile is the largest copper producer in the world, accounting for approximately 28% of global copper production.
  • The initial controlling interest increases our exposure to what we believe is a growing top-tier copper mining district.

Vortex Metals to Acquire up to an 80% Interest in Compelling Copper Project in Chile

Retrieved on: 
Tuesday, June 27, 2023
TSX Venture Exchange, VMS, Vein, Rio, ROFR, Electricity, FSE, LOI, Ventana, TMX Group, Mining, IOCG, Copper, Commune, NNE, Granite, Vortex

"I believe that the Illapel Project combined with our two Mexican copper-gold assets provides Vortex stakeholders with a rare opportunity.

Key Points: 
  • "I believe that the Illapel Project combined with our two Mexican copper-gold assets provides Vortex stakeholders with a rare opportunity.
  • Given the geological settings, all three projects possess the potential to be transformative", said Vortex Chairman and Founder Michael Williams.
  • The Illapel Copper Gold project is located in the Commune of Illapel, Choapa Province of the Fourth Region of Chile and is 250 km north of Santiago.
  • We believe that with the Illapel Copper property, we will acquire an extremely prospective project that is drill-ready.

Osisko Announces Closing of CSA Stream Transactions

Retrieved on: 
Friday, June 16, 2023
Exercise, Between, Precious metals streaming, Partnership, Life, CSA, ROFR, Silver, Second, Carbon, Mine, Sale, Date, Osisko Gold Royalties, MAC, Acquisition, Investment, Mining, Silver Stream, Growth, Copper, OBL, NYSE, Silver mining, Uranium mining, Car rental, Teahouse, Iron ore, Glencore

The closing date of the Metals Stream and Acquisition Transaction was June 15, 2023 (the “Closing Date”).

Key Points: 
  • The closing date of the Metals Stream and Acquisition Transaction was June 15, 2023 (the “Closing Date”).
  • CSA is a high-grade, long-life, underground copper-silver mine located approximately 12km west-northwest of the town of Cobar in New South Wales, Australia.
  • CSA is located along a highly prospective geological trend that is known to host major deposits in the Cobar region.
  • CSA is the largest employer in the Cobar region and enjoys strong relationships with local stakeholders.

TROES: Building Strong Key Channel Partnerships with Over 13 Companies and Driving Innovation in Commercial & Industrial Energy Storage Solutions

Retrieved on: 
Monday, June 5, 2023
Commercial Building & Real Estate, Construction & Property, Natural Resources, Other Manufacturing, Environment, Engineering, Manufacturing, Other Technology, Other Energy, Other Science, Utilities, Software, Research, Oil, Gas, Coal, Alternative Energy, Hardware, Energy, Consumer Electronics, Small Business, Technology, Science, Building Systems, Professional Services, Other Natural Resources, Other Construction & Property, Nuclear, Carbon footprint, Agriculture, ROFR, EPC, Kilowatt-hour, Key, Right of first refusal, MSA, Master service agreement, Exclusivity, Growth, Safety, Refused, BESS, Renewable energy, Video game

TROES places its focus on addressing the unique energy challenges faced by small and mid-size businesses in commercial and industrial markets.

Key Points: 
  • TROES places its focus on addressing the unique energy challenges faced by small and mid-size businesses in commercial and industrial markets.
  • These agreements have helped establish strong partnerships with reputable companies from various industries, advancing TROES' mission of promoting sustainability and innovation.
  • We look forward to building strong partnerships with our channel partners and continuing to grow our business together."
  • TROES is a leading provider of advanced battery energy storage solutions, offering a comprehensive turn-key energy storage technology package.

Fortis Inc. Releases First Quarter 2023 Results

Retrieved on: 
Wednesday, May 3, 2023
Acceleration, BCUC, Midcontinent Independent System Operator, ROFR, Tucson Electric Power, Fortis, Tranche, Income tax, GHG, British Columbia Utilities Commission, Sale, Iowa Supreme Court, Federal Energy Regulatory Commission, Inflation, Green affordable housing, District court, Corporation, Investment, Growth, MISO, ITC, Inflation Reduction Act of 2022, Transport, Montana District Courts, FortisBC, Renewable energy, Cryptocurrency, Security (finance)

Fortis' $4.3 billion annual capital plan remains on track with $1.0 billion invested through March 2023.

Key Points: 
  • Fortis' $4.3 billion annual capital plan remains on track with $1.0 billion invested through March 2023.
  • In March 2023, FortisBC Energy filed amended transportation rate schedules with the British Columbia Utilities Commission ("BCUC") for the Eagle Mountain Woodfibre Gas Line project.
  • ITC estimates transmission investments of US$1.4 billion to US$1.8 billion through 2030 associated with six of the 18 LRTP projects.
  • In April 2023, hearings concluded on the Tucson Electric Power general rate application, which seeks new customer rates effective September 1, 2023 using a December 31, 2021 test year.