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Day: August 5, 2021

Asante Gold Announces Acquisition of Resolute’s Bibiani Gold Mine in Ghana for US$90 Million Cash

Written by Customer Service on . Posted in Mergers And Acquisitions.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia , Aug. 04, 2021 (GLOBE NEWSWIRE) — Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) (“Asante” or the “Company”) announces that the Company has entered into an agreement with Resolute Mining Limited (Resolute) to purchase 100% of their Bibiani Gold Mine in Ghana. HighlightsAsante has agreed to buy all of Resolute’s interest in Bibiani, through the purchase of 100% of the shares in Mensin Bibiani Pty Ltd., by paying to Resolute total cash consideration of US$90 million, payable as follows:US$30 million initial payment (on deposit with Resolute to be applied on completion); andadditional US$30 million to be paid on or before 6 months from completion; andfinal US$30 million to be paid...

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FLYHT Reports Second Quarter 2021 Results

Written by Customer Service on . Posted in Public Companies.

— Trends in SaaS and Hardware are Leading FLYHT’s Path to Recovery — — Recent Private Placement and Debt Repayment Enhance Financial Position — CALGARY, Alberta, Aug. 04, 2021 (GLOBE NEWSWIRE) — FLYHT Aerospace Solutions Ltd. (TSX-V: FLY) (OTCQX: FLYLF) (the “Company” or “FLYHT”) today reported financial results for the second quarter and six months ended June 30, 2021. “While the COVID pandemic remains an issue around the globe and has continued to skew FLYHT’s financial performance, we are beginning to see signs of recovery in customer confidence and the aviation industry in general which we expect will lead to improvement in our results in the quarters ahead,” said Bill Tempany, Interim CEO. “The decline in revenue in the quarter, which significantly moderated from prior periods, was mostly attributable...

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MCI Onehealth Completes Strategic Acquisition of Polyclinic

Written by Customer Service on . Posted in Mergers And Acquisitions.

– Flagship facility showcases MCI’s innovative personalized healthcare model – NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) — MCI Onehealth Technologies Inc. (“MCI” or the “Company”) (TSX: DRDR) has completed a series of share purchase agreements to acquire an 80% interest in Canadian Phase Onward Inc., The Quit Clinic Inc. and Executive Medical Concierge Canada (2021) Ltd. (collectively, “Polyclinic”) through its subsidiary MCI Polyclinic Group Inc. (“MCI Polyclinic”). This strategic acquisition aligns with MCI’s mission to meaningfully contribute to the transformation of the Canadian healthcare system and improve access to care by delivering an innovative, personalized patient experience. Once the necessary approval from the Ministry...

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Driven Brands Announces Pricing of Secondary Offering

Written by Customer Service on . Posted in Public Companies.

CHARLOTTE, N.C., Aug. 04, 2021 (GLOBE NEWSWIRE) — Driven Brands Holdings Inc. (“Driven Brands” or the “Company”) (NASDAQ: DRVN), today announced the pricing of the underwritten secondary public offering of 12 million shares of Driven Brands’ common stock by Driven Equity LLC and RC IV Cayman ICW Holdings LLC (together the “Selling Stockholders”), each of which is a related entity of Roark Capital Management, LLC at a price of $29.50 per share. The Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of common stock. Driven Brands is not selling any shares of common stock in the offering and will not receive any proceeds from the offering. Following the completion of the offering and assuming no exercise of the underwriters’ option to purchase additional shares, the...

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