Day: June 16, 2023

VANCOUVER, British Columbia, June 16, 2023 (GLOBE NEWSWIRE) — Imperial Metals Corporation (the “Company” or “Imperial”) (TSX:III) is pleased to announce that it is planning to issue unsecured non-convertible debentures (the “Debentures”), with an aggregate principal amount of up to $35,000,000 on a non-brokered private placement basis (the “Private Placement”). The Debentures have a maturity date of July 1, 2024 and bear interest at a rate of 12.0% per annum, with interest paid semi-annually in cash, with the first payment due January 1, 2024. The proceeds from the Private Placement are intended to be used to fund the operation and development at the Red Chris mine and for general working capital purposes. N. Murray Edwards has agreed to purchase up to $21,000,000 of the Debentures. In addition, directors and officers of the Company...

VANCOUVER, British Columbia, June 16, 2023 (GLOBE NEWSWIRE) — Liquid Media Group Ltd. (the “Company”) (Nasdaq: YVR) announces today the sale of its wholly-owned subsidiary IndieFlix Group for an aggregate purchase price of US$1.2M. The purchase price was paid in the form of a ten-year promissory note bearing interest at 6.0%. Payments under the promissory note commences 18 months from issuance with 10% of the IndieFlix Group’s gross monthly revenues payable as received to be applied to such payments, with all unpaid and outstanding principal amount, if any, due on the maturity date. The promissory note is secured by all of the shares of IndieFlix Group. Liquid Media Interim CEO, Joshua Jackson, commented “We believe this transaction best aligns with the direction of the company as we look to streamline and position our assets for...

TORONTO, June 16, 2023 (GLOBE NEWSWIRE) — Nickel 28 Capital Corp. (“Nickel 28” or the “Company”) (TSXV: NKL) (FSE: 3JC0) is pleased to announce the appointment of Mr. C. Ian Ross as a new independent director to the Board of Directors (the “Board”), effective immediately. Mr. Ross brings extensive board, senior management and transactional experience in a wide variety of public companies and highly complex special situations. In addition, the Company is providing an update regarding the determination of the Board on the application of the Company’s majority voting policy (the “Policy”) with respect to the results of its annual general and special meeting of shareholders held on June 12, 2023 (the “Meeting”). As previously announced, management’s recommended slate of directors was duly elected in accordance with applicable corporate...

OCOEE, FL, June 16, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — iCoreConnect, Inc. (the “Company”), (OTCQB: ICCT), a cloud-based software and technology company focused on increasing workflow productivity and customer profitability through its enterprise and healthcare workflow platform, today announces the removal of the down-round provision for its warrants. The warrants were issued by the Company in 2021 with down-round provisions that require the lowering of the exercise price of the warrant, and a proportionate increase in the number of shares underlying the warrants, upon the issuance of new securities at a price per share that is lower than the exercise price of the original warrant. The down-round provisions would require the Company to record a non-cash charge for the incremental fair value of the additional shares...

Cambridge, MA, June 16, 2023 (GLOBE NEWSWIRE) — WinVest Acquisition Corp. (NASDAQ: WINV, the “Company”), a special purpose acquisition company, announced today that at a special meeting of its stockholders held on June 12, 2023, the Company’s stockholders voted in favor of a proposal to amend its amended and restated certificate of incorporation, as amended (the “Charter”), to extend the date by which the Company must consummate an initial business combination (the “Termination Date”) from June 17, 2023 to July 17, 2023 (the “Charter Extension Date”), and to allow the Company, without another stockholder vote, to elect to extend the Termination Date on a monthly basis for up to five times by an additional one month (or such shorter period as may be requested) each time after the Charter Extension Date, by resolution of the Company’s...

Vancouver, British Columbia, June 16, 2023 (GLOBE NEWSWIRE) — Spirit Blockchain Capital Inc. (the “Company” or “Spirit“) (CSE: SPIR)‎, a leading digital asset investment firm, and Troon Technologies, a renowned technology solutions provider, are delighted to announce the entering into of a non-binding letter of intent (“LOI”) contemplating the acquisition of Troon Technologies by Spirit, marking a pivotal milestone in their shared pursuit of industry-leading innovation and growth (the “Transaction”). “We are thrilled to announce the signing of this letter of intent with Troon Technologies,” said Lewis Bateman, CEO of Spirit. “This LOI serves as a crucial step in establishing a mutual understanding and will pave the way for our successful negotiation and execution of the purchase agreement. This strategic partnership...