Day: December 31, 2021
TORONTO, Dec. 30, 2021 (GLOBE NEWSWIRE) — Gowest Gold Ltd. (“Gowest” or the “Company”) (TSX VENTURE: GWA) announced today that, following acceptance of the transaction by the TSX Venture Exchange, the Company has issued 1,503,644 shares to settle an aggregate of $240,583 of indebtedness (the “Debt Settlement”). As previously announced (see Gowest news release dated December 20, 2021), the shares were issued at a deemed price of $0.16 per share, to non-management directors of the Company, in satisfaction of director fees owing and outstanding to such individuals as of October 31, 2021. This issuance of common shares was made in order to preserve cash and improve the Company’s balance sheet.
All of the securities issued in connection with the Debt Settlement are subject to a hold-period expiring four months and one day after the...
Quipt Announces Receipt of Management Cease Trade Order and Provides Bi-Weekly Status Update
Written by Customer Service on . Posted in Public Companies.
CINCINNATI, Dec. 30, 2021 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, announces that, further to its December 16, 2021 news release, its application for a management cease trade order (the “MCTO”) under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203”) has been approved by the British Columbia Securities Commission (“BCSC”). The MCTO does not affect the ability of investors (other than management) to trade in the securities of the Company.
The Company announced on December 16, 2021 (the “Default Announcement”) that it was filing an application seeking a MCTO from the BCSC because it was likely to miss its filing deadline of December 29, 2021 to file its annual...