Associated tags: Security (finance), TSX Venture Exchange, Sale, News, Beedi, Indian stock exchange, SEDAR, Credit, Credit agreements in South Africa, VWAP, Loan, Bank, Term Asset-Backed Securities Loan Facility, Suite
Locations: VANCOUVER, BRITISH COLUMBIA
Retrieved on:
Saturday, December 16, 2023
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2023) - Beedie Investments Ltd. ("Beedie") has entered into a waiver and sixth amendment agreement dated December 15, 2023 (the "Amendment") with Think Research Corporation ("Think Research" or the "Company") to amend its credit agreement dated April 22, 2022 (the "Credit Agreement"), pursuant to which, amongst other things, Beedie has agreed to advance an additional $2 million (the "Fifth Advance") under the $25 million non-revolving term convertible loan facility (the "Convertible Facility") provided to Think Research pursuant to the Credit Agreement.
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - December 16, 2023) - Beedie Investments Ltd. ("Beedie") has entered into a waiver and sixth amendment agreement dated December 15, 2023 (the "Amendment") with Think Research Corporation ("Think Research" or the "Company") to amend its credit agreement dated April 22, 2022 (the "Credit Agreement"), pursuant to which, amongst other things, Beedie has agreed to advance an additional $2 million (the "Fifth Advance") under the $25 million non-revolving term convertible loan facility (the "Convertible Facility") provided to Think Research pursuant to the Credit Agreement.
- Pursuant to the Amendment, a commitment fee of $40,000 shall be payable by Think Research to Beedie, which fee shall be deducted from the Fifth Advance and retained by Beedie.
- Proceeds of the Fifth Advance will be used by Think Research for general and working capital purposes.
- All of the securities held by Beedie in Think Research, including the Common Shares and the Credit Agreement, are being held for investment purposes.
Retrieved on:
Saturday, December 2, 2023
Pursuant to the terms of an equity placement of 2,835,539 subscription receipts of Metalla (the "Subscription Receipts") completed by Beedie Capital on October 20, 2023 (the "Equity Investment"), the aforementioned 2,835,539 Subscription Receipts converted automatically into 2,835,539 Common Shares upon closing of the Transaction, without additional consideration or further action by Beedie Capital (the "Subscription Receipt Conversion").
Key Points:
- Pursuant to the terms of an equity placement of 2,835,539 subscription receipts of Metalla (the "Subscription Receipts") completed by Beedie Capital on October 20, 2023 (the "Equity Investment"), the aforementioned 2,835,539 Subscription Receipts converted automatically into 2,835,539 Common Shares upon closing of the Transaction, without additional consideration or further action by Beedie Capital (the "Subscription Receipt Conversion").
- Furthermore, in connection with closing of the Transaction, Beedie Capital acquired an additional 3,627,237 Common Shares (the "Nova Converted Shares"), as Beedie Capital was an existing shareholder of Nova.
- All of the securities held by Beedie Capital in Metalla, including the Common Shares and the Amended & Restated Convertible Loan Agreement, are being held for investment purposes.
- Beedie Capital's head office is located at 3030 Gilmore Diversion, Burnaby, British Columbia, V5G 3B4.
Retrieved on:
Friday, November 10, 2023
Vancouver, British Columbia--(Newsfile Corp. - November 10, 2023) - Beedie Investments Ltd. ("Beedie") has entered into a fifth waiver and amendment agreement dated November 10, 2023 (the "Amendment") with Think Research Corporation ("Think Research" or the "Company") to amended its credit agreement dated April 22, 2022 (the "Credit Agreement"), pursuant to which, amongst other things, Beedie has agreed to advance an additional $2 million (the "Fourth Advance") under the $25 million non-revolving term convertible loan facility (the "Convertible Facility") provided to Think Research pursuant to the Credit Agreement.
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - November 10, 2023) - Beedie Investments Ltd. ("Beedie") has entered into a fifth waiver and amendment agreement dated November 10, 2023 (the "Amendment") with Think Research Corporation ("Think Research" or the "Company") to amended its credit agreement dated April 22, 2022 (the "Credit Agreement"), pursuant to which, amongst other things, Beedie has agreed to advance an additional $2 million (the "Fourth Advance") under the $25 million non-revolving term convertible loan facility (the "Convertible Facility") provided to Think Research pursuant to the Credit Agreement.
- Pursuant to the Amendment, a commitment fee of $40,000 shall be payable by Think Research to Beedie, which fee shall be deducted from the Fourth Advance and retained by Beedie.
- Proceeds of the Fourth Advance will be used by Think Research for general and working capital purposes.
- All of the securities held by Beedie in Think Research, including the Common Shares and the Credit Agreement, are being held for investment purposes.
TSX Venture Exchange,
Sale,
Equity,
News,
Transaction,
Indian stock exchange,
Loan,
Credit,
Stock,
Term Asset-Backed Securities Loan Facility,
Conversion,
VWAP,
Credit agreements in South Africa,
Security (finance),
Beedi,
Amend,
Metalla Vancouver, British Columbia--(Newsfile Corp. - October 23, 2023) - Beedie Investments Ltd. ("Beedie") has entered into a second amended and restated convertible loan agreement dated October 19, 2023 (the "Amended & Restated Loan Agreement") with Metalla Royalty & Streaming Ltd. ("Metalla"), pursuant to which the parties agreed to amend the terms of the existing convertible loan agreement (the "Company Convertible Loan") between Beedie and Metalla (the "Loan Facility"), which will become effective as of the closing of the previously-announced business combination transaction (the "Transaction") involving Metalla and Nova Royalty Corp. ("Nova").
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - October 23, 2023) - Beedie Investments Ltd. ("Beedie") has entered into a second amended and restated convertible loan agreement dated October 19, 2023 (the "Amended & Restated Loan Agreement") with Metalla Royalty & Streaming Ltd. ("Metalla"), pursuant to which the parties agreed to amend the terms of the existing convertible loan agreement (the "Company Convertible Loan") between Beedie and Metalla (the "Loan Facility"), which will become effective as of the closing of the previously-announced business combination transaction (the "Transaction") involving Metalla and Nova Royalty Corp. ("Nova").
- Conversion of the Subscription Receipts into Common Shares is conditional upon completion of the Transaction and certain other conditions.
- Conversion of the Subscription Receipts into Common Shares is conditional upon completion of the Transaction and certain other conditions.
- All of the securities held by Beedie in Metalla, including the Common Shares and the Amended & Restated Convertible Loan Agreement, are being held for investment purposes.
Retrieved on:
Friday, September 29, 2023
Indian stock exchange,
TSX Venture Exchange,
Credit agreements in South Africa,
Sale,
Suite,
Companies (1st Amendment) Act, 2015,
VWAP,
TSX,
Research,
Credit,
News,
Amendment,
Security (finance),
Beedi Vancouver, British Columbia--(Newsfile Corp. - September 29, 2023) - Beedie Investments Limited ("Beedie") has amended (the "Amendment") its credit agreement dated April 22, 2022 (the "Credit Agreement") with Think Research Corporation ("Think Research" or the "Company"), pursuant to which, amongst other things, Beedie has agreed to advance an additional $3 million (the "Third Advance") under the $25 million non-revolving term convertible loan facility (the "Convertible Facility") provided to Think Research pursuant to the Credit Agreement.
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - September 29, 2023) - Beedie Investments Limited ("Beedie") has amended (the "Amendment") its credit agreement dated April 22, 2022 (the "Credit Agreement") with Think Research Corporation ("Think Research" or the "Company"), pursuant to which, amongst other things, Beedie has agreed to advance an additional $3 million (the "Third Advance") under the $25 million non-revolving term convertible loan facility (the "Convertible Facility") provided to Think Research pursuant to the Credit Agreement.
- At any time during the term of the Convertible Facility, Beedie may elect to convert the principal amount of the Third Advance into common shares of Think Research ("Common Shares") at a conversion price of $0.3516 per Common Share, subject to adjustment in accordance with the terms of the Credit Agreement.
- Beedie has previously advanced to Think Research $10 million (the "Initial Advance") and $3 million (the "Second Advance") under the Convertible Facility.
- All of the securities held by Beedie in Think Research, including the Common Shares and the Credit Agreement, are being held for investment purposes.
Indian stock exchange,
TSX Venture Exchange,
Advance,
Toronto Stock Exchange,
Credit agreements in South Africa,
Sale,
OTC Bulletin Board,
Date,
SEDAR,
TSX,
Loan,
Credit,
News,
Legislation,
Security (finance),
Beedi Vancouver, British Columbia--(Newsfile Corp. - March 31, 2023) - Beedie Investments Limited (the "Beedie") has entered into a credit agreement dated March 30, 2023 (the "Credit Agreement") with LifeSpeak Inc. (the "Company") pursuant to which Beedie has agreed to loan $15 million (the "Loan") to the Company.
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - March 31, 2023) - Beedie Investments Limited (the "Beedie") has entered into a credit agreement dated March 30, 2023 (the "Credit Agreement") with LifeSpeak Inc. (the "Company") pursuant to which Beedie has agreed to loan $15 million (the "Loan") to the Company.
- The Loan will be funded by way of a single advance of $15 million (the "Advance") on the closing date (the "Closing Date").
- Subject to the terms of the Credit Agreement, the Loan and all obligations thereunder will mature on March 30, 2026.
- Immediately prior to entering into the Credit Agreement, Beedie, directly or indirectly, beneficially owned and controlled direction over 2,765,482 Common Shares.
The Company,
Sale,
Indian stock exchange,
Offering,
TSX Venture Exchange,
VWAP,
Credit,
Credit agreements in South Africa,
Bank,
Finance Secretary (India),
Bank of Canada Act,
SEDAR,
News,
CDN,
Security (finance),
Integra,
Beedi,
Millennials Vancouver, British Columbia--(Newsfile Corp. - March 16, 2023) - Beedie Investments Limited (the "Beedie") has acquired ownership of 3,375,000 subscription receipts ("Subscription Receipts") of Integra Resources Corp. (the "Company"), at a price of $0.70 per Subscription Receipt for aggregate consideration of $2,362,500 pursuant to the Company's bought deal private placement of 35,000,000 Subscription Receipts (the "Offering").
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - March 16, 2023) - Beedie Investments Limited (the "Beedie") has acquired ownership of 3,375,000 subscription receipts ("Subscription Receipts") of Integra Resources Corp. (the "Company"), at a price of $0.70 per Subscription Receipt for aggregate consideration of $2,362,500 pursuant to the Company's bought deal private placement of 35,000,000 Subscription Receipts (the "Offering").
- The gross proceeds from the Offering have been placed into escrow with TSX Trust Company (the "Subscription Receipt Agent").
- All of the securities held by Beedie in Integra, including the Common Shares, the Subscription Receipts and the Credit Agreement, are being held for investment purposes.
- A copy of the early warning report relating to the Credit Agreement will be available under Integra's profile on SEDAR at www.sedar.com , and may also be obtained by contacting Beedie Investments Limited at 604-435-3321.
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2023) - Beedie Investments Limited ( "Beedie") announces that, on March 10, 2023, Nova Royalty Corp. ("Nova") completed a draw down of $1.5 million (the "Fifth Advance") under an existing $25.0 million convertible loan facility (the "Loan Facility") pursuant to the terms of an amended and restated convertible loan agreement dated February 6, 2021, as amended effective as of October 1, 2022 (the "Amended and Restated Loan Agreement") between Beedie and Nova Royalty Corp.
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - March 13, 2023) - Beedie Investments Limited ( "Beedie") announces that, on March 10, 2023, Nova Royalty Corp. ("Nova") completed a draw down of $1.5 million (the "Fifth Advance") under an existing $25.0 million convertible loan facility (the "Loan Facility") pursuant to the terms of an amended and restated convertible loan agreement dated February 6, 2021, as amended effective as of October 1, 2022 (the "Amended and Restated Loan Agreement") between Beedie and Nova Royalty Corp.
- The Fifth Advance will be convertible into common shares in the capital of Nova ("Nova Shares") at a conversion price of $1.7852 per Nova Share, which represents a 20% premium above the 30-day volume weighted average price of the Nova Shares on the TSX Venture Exchange calculated up to and including March 9, 2023.
- Immediately prior to the Fifth Advance and the Share Acquisition, Beedie, directly or indirectly, owns or controls 10,896,704 Nova Shares, which includes 1,855,443 Nova Shares that would be issuable if the prior unconverted advances under the Loan Facility are converted into Nova Shares in accordance with the terms of the Amended and Restated Loan Agreement.
- All of the securities held by Beedie in Nova, including the Nova Shares and the Amended and Restated Loan Agreement, are being held for investment purposes.
Retrieved on:
Tuesday, February 28, 2023
Credit agreements in South Africa,
Transaction,
News,
Amendment,
Term Asset-Backed Securities Loan Facility,
Loan,
TSX Venture Exchange,
Bank,
Bank of Canada Act,
Indian stock exchange,
Sale,
SEDAR,
VWAP,
Credit,
Security (finance),
Beedi,
Integra,
CDN Vancouver, British Columbia--(Newsfile Corp. - February 28, 2023) - Beedie Investments Limited (the "Beedie") has entered into an amendment to the credit agreement dated July 28, 2022 (the "Credit Agreement") with Integra Resources Corp. ("Integra") pursuant to which Beedie agreed to loan up to US$20 million (the "Loan Facility") to Integra.
Key Points:
- Vancouver, British Columbia--(Newsfile Corp. - February 28, 2023) - Beedie Investments Limited (the "Beedie") has entered into an amendment to the credit agreement dated July 28, 2022 (the "Credit Agreement") with Integra Resources Corp. ("Integra") pursuant to which Beedie agreed to loan up to US$20 million (the "Loan Facility") to Integra.
- Beedie has provided their consent for the Transaction under the Loan Facility, subject to the satisfaction of certain conditions precedent by Integra including, amongst other things, the completion of the Subscription Receipt Financing and the Transaction.
- All of the securities held by Beedie in Integra, including the Common Shares and the Credit Agreement, are being held for investment purposes.
- A copy of the early warning report relating to the Credit Agreement will be available under Integra's profile on SEDAR at www.sedar.com , and may also be obtained by contacting Beedie Investments Limited at 604-435-3321.
Retrieved on:
Tuesday, January 17, 2023
News,
Indian stock exchange,
Credit,
TSX Venture Exchange,
Warrant,
Loan,
SEDAR,
Suite,
Sale,
The Company,
Credit agreements in South Africa,
Security (finance),
Beedi,
Debtor In connection with the Initial Advance under the Loan, the Company has issued 7,968,750 common share purchase warrants (each, a "Warrant") to Beedie.
Key Points:
- In connection with the Initial Advance under the Loan, the Company has issued 7,968,750 common share purchase warrants (each, a "Warrant") to Beedie.
- Each Warrant is exercisable to purchase one common share of the Company (each, a "Warrant Share") at an exercise price of US$0.256 (Cdn$0.349) per Warrant Share.
- In addition, the Company has agreed to issue additional common share purchase warrants (each, a "Subsequent Warrant") in connection with the Subsequent Advances, with such number of Warrants to be equal to 17% of the amount of such Subsequent Advance divided by the exercise price of such Subsequent Warrants.
- A copy of the early warning report relating to the Warrants will be available under the Company's profile on SEDAR at www.sedar.com , and may also be obtained by contacting Beedie Investments Limited at 604-435-3321.
