FSE:2RS

MineHub Effects Share Consolidation

Retrieved on: 
Wednesday, February 28, 2024
Odyssey, CUSIP, Exercise, Consolidation, Letter, Security (finance)

Vancouver, British Columbia--(Newsfile Corp. - February 28, 2024) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company") announces that effective at the open of trading on Friday March 1, 2024 the Company's shares will trade on a post consolidation basis (see press release dated December 28, 2023) on the basis of one post-consolidation share for every two pre-consolidation shares (the "Consolidation").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - February 28, 2024) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company") announces that effective at the open of trading on Friday March 1, 2024 the Company's shares will trade on a post consolidation basis (see press release dated December 28, 2023) on the basis of one post-consolidation share for every two pre-consolidation shares (the "Consolidation").
  • No fractional shares will be issued in connection with the Consolidation.
  • Until surrendered, each share certificate representing pre-consolidation shares will represent the number of whole post-consolidation shares to which the holder is entitled as a result of the consolidation.
  • Beneficial shareholders holding their MineHub shares in brokerage accounts will have their positions adjustment automatically following the effective date.

MineHub Announces Closing of Private Placement

Retrieved on: 
Wednesday, January 31, 2024
Multilateral, Unit, TSX Venture Exchange, Private placement, Sale, Private, Placement, Minority, Person, Security (finance)

Vancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company") is pleased to announce it has closed a non-brokered private placement (the "Private Placement" or "Offering") for total gross proceeds of C$4,038,800.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - January 31, 2024) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company") is pleased to announce it has closed a non-brokered private placement (the "Private Placement" or "Offering") for total gross proceeds of C$4,038,800.
  • All securities issued under the private placement are subject to a hold period of four months and one day from closing.
  • The Private Placement is subject to final TSX Venture Exchange ("TSXV") approval.
  • Certain directors and officers of the Company have participated in Private Placement which participation constitutes a related-party transaction, as defined under Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions.

MineHub Upsizes Financing to $4 Million

Retrieved on: 
Monday, January 29, 2024
Private, Consolidation, Risk, Private placement, Person, Policy, Sale, Indian stock exchange, Offering, Minority, TSX Venture Exchange, Multilateral, Unit, CAD, News, Security (finance)

The closing of the Offering is subject to the Company's receipt of TSXV approval for the Offering.

Key Points: 
  • The closing of the Offering is subject to the Company's receipt of TSXV approval for the Offering.
  • The Company may pay finder's fees and grant finder's warrants under the Offering as permitted by TSXV policy and applicable securities laws.
  • All securities issued under the Offering will have a hold period of four months and a day from the date of issuance.
  • For further information regarding MineHub, please email [email protected] or visit our website at www.minehub.com .

MineHub's Annual CEO Address to Shareholders; Announces Investor Webinar

Retrieved on: 
Thursday, January 4, 2024
Copper, Documentation, Ecosystem, Question and Answer, API, Sumitomo Corporation, Acquisition, Mining, Software as a service, ESG, Laboratory, Miner, PST, Growth, Transport, Codelco, Steel, CO2, Consolidation

MineHub will be hosting an investor webinar on Thursday, January 11, 2024, at 1:00 pm ET (10:00 am PST).

Key Points: 
  • MineHub will be hosting an investor webinar on Thursday, January 11, 2024, at 1:00 pm ET (10:00 am PST).
  • Our accelerated growth trajectory is a testament to the value our platform brings to partners and customers alike.
  • Increasing the Company's Annual Recurring Revenue ("ARR")(1) by executing new customer contracts and expanding volumes of commodities managed for existing customers.
  • MineHub will also be hosting an investor webinar to provide a corporate update and discuss its Q3-2024 Quarterly Results.

MineHub Announces $2.5 Million Financing and Share Consolidation

Retrieved on: 
Thursday, December 28, 2023
Odyssey, Private, Policy, Exercise, TSX Venture Exchange, Sale, Indian stock exchange, Consolidation, Private placement, Person, CAD, Multilateral, News, Risk, Warrant, Letter, Minority, Unit, Offering, Security (finance)

Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one transferable common share purchase warrant (each a "Warrant") exercisable at a price of $0.20 per common share for a period of 36 months from the closing date.

Key Points: 
  • Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one transferable common share purchase warrant (each a "Warrant") exercisable at a price of $0.20 per common share for a period of 36 months from the closing date.
  • The Company also announces that the Company's board of directors has approved consolidating its common shares on the basis of one post-consolidation share for every two pre-consolidation shares (the "Consolidation").
  • The effective date of the Consolidation will be confirmed at a future time, following the Company's receipt of approval from the TSXV.
  • The Private Placement will close before the Consolidation and the Common Shares and Warrants issued under the Private Placement will be subject to the Consolidation adjustments described.

MineHub Achieves Record Revenue in Third Quarter

Retrieved on: 
Tuesday, December 19, 2023
Ecosystem, Partnership, GMV, Sumitomo Corporation, Acquisition, Mining, Software as a service, Research and development, MD, Financial statement, ARR, Bank statement, Laboratory, Calendar, MRR, Revenue stream, ETA, Interim, Machine learning, Codelco, ETAS, Acceleration, Algorithm, Cryptocurrency

Andrea Aranguren, President and CEO of MineHub, commented, "Third quarter was a great quarter for the Company in which we set another record for recognized revenue in the quarter.

Key Points: 
  • Andrea Aranguren, President and CEO of MineHub, commented, "Third quarter was a great quarter for the Company in which we set another record for recognized revenue in the quarter.
  • In addition, the Company strengthened its balance sheet with the closing of a small private placement financing in the quarter.
  • MineHub achieved quarterly revenue of $650,977 during Q3, an increase of 1862% as compared to revenue of $33,173 generated in the same period of 2022.
  • Revenue growth was primarily driven by the addition of SaaS revenue from Waybridge customers over the past year and project revenue related to the roll-out of the MineHub platform and enterprise applications into a large customer's network.

MineHub Forges Strategic Partnerships with Leading Mining and Commodity Labs to Revolutionize Supply Chain

Retrieved on: 
Wednesday, December 6, 2023
Partnership, Workflow, Mining, Digital data, Laboratory, ALS, API, Communication, Cryptocurrency

MineHub's strategic partnership with leading mining and commodity labs signifies a crucial step towards digitizing the supply chain, aiming to enhance operational efficiencies, minimize risks, and boost profitability for clients.

Key Points: 
  • MineHub's strategic partnership with leading mining and commodity labs signifies a crucial step towards digitizing the supply chain, aiming to enhance operational efficiencies, minimize risks, and boost profitability for clients.
  • Vancouver, British Columbia--(Newsfile Corp. - December 6, 2023) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company"), a leading provider of digital supply chain solutions for the commodity markets, is pleased to announce its strategic partnership with several prominent mining and commodity analysis laboratories.
  • The collaboration involves signed contracts with multiple labs that collectively represent the majority of mining and commodity analysis for MineHub's esteemed customers.
  • Connecting multiple mining and commodity labs to the MineHub ecosystem is a pivotal step that enhances the value proposition to the supply chain.

MineHub Launches with Codelco; Providing Increased Visibility, Traceability and Operational Efficiencies

Retrieved on: 
Wednesday, November 8, 2023
ETAS, London Metal Exchange, CAD, Mining, Access, Codelco, Ecosystem, Software as a service, Video game, Sales, Online shopping

MineHub's contract with Codelco is aimed at digitizing its global refined copper business, representing a significant validation of MineHub's technology platform.

Key Points: 
  • MineHub's contract with Codelco is aimed at digitizing its global refined copper business, representing a significant validation of MineHub's technology platform.
  • Through MineHub's advanced technology, Codelco will now be able to offer its customers heightened visibility, traceability, and operational efficiencies, elevating the overall customer experience.
  • Andrea Aranguren, CEO of MineHub commented, "We are thrilled to mark this milestone with the launch of our platform at Codelco.
  • With this launch, MineHub reaffirms its commitment to driving innovation in the mining sector, setting a new standard for operational excellence and customer satisfaction.

MineHub Adds Innovative Consignment Module to Its Suite of Digital Tools

Retrieved on: 
Wednesday, October 18, 2023
Consignment, Risk, Pain, Module, Sales

MineHub's Consignment Module provides an accurate, real-time view of consignment stocks, allowing both manufacturers and suppliers to improve inventory management and increase margins

Key Points: 
  • Andrea Aranguren, President & CEO at MineHub commented, "I am pleased to report that we have already onboarded manufacturers and suppliers onto MineHub's new Consignment Module.
  • The new functionality of MineHub's Consignment Module removes this pain for manufacturers, suppliers, and financiers.
  • MineHub's Consignment Module provides a single, shared and accurate view of the consignment stocks, available at all times to all parties.
  • This Consignment Module enables existing MineHub customers to expand their volumes and new customers to incorporate MineHub in the services they provide to their customers.

MineHub Announces Closing of Private Placement

Retrieved on: 
Friday, October 13, 2023
TSX Venture Exchange, Private placement, Private, Placement, Security (finance)

Vancouver, British Columbia--(Newsfile Corp. - October 13, 2023) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company") is pleased to announce it has closed a non-brokered private placement (the "Private Placement") for total gross proceeds of C$1,500,120.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - October 13, 2023) - MineHub Technologies Inc. (TSXV: MHUB) (OTCQB: MHUBF) ("MineHub" or the "Company") is pleased to announce it has closed a non-brokered private placement (the "Private Placement") for total gross proceeds of C$1,500,120.
  • The net proceeds of the Private Placement are for general working capital purposes.
  • All securities issued under the private placement are subject to a hold period of four months and one day from closing.
  • The Private Placement is subject to final TSX Venture Exchange ("TSXV") approval.