Imperial Agrees to Issue up to $35 Million of Non-Convertible Debentures

Written by Customer Service on June 16, 2023. Posted in Public Companies.

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...

Liquid Media Announces the Sale of Wholly Owned Subsidiary IndieFlix Group

Written by Customer Service on June 16, 2023. Posted in Public Companies.

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...

Pennant Acquires Idaho Home Health, Hospice and Home Care Provider

Written by Customer Service on June 16, 2023. Posted in Mergers And Acquisitions.

EAGLE, Idaho, June 16, 2023 (GLOBE NEWSWIRE) — The Pennant Group, Inc. (NASDAQ: PNTG), the parent company of the Pennant group of affiliated home health, hospice, home care and senior living companies, today announced that it has acquired Bluebird Home Health, Bluebird Hospice, and Bluebird Home Care (“Bluebird”), which provides skilled home health, private duty, and hospice services across Southwestern Idaho. “We are thrilled to partner with Bluebird in expanding our operations in the state of Idaho,” said Brent Guerisoli, Chief Executive Officer of Pennant. “We are honored by the trust of our partners at Cascadia Healthcare, Bluebird’s prior owner, to continue Bluebird’s legacy of providing high quality clinical care. We look forward to continuing to strengthen our relationship with these continuum partners as we work together...

Beam Global Executes Binding LOI to Acquire Europe Based Amiga, Announces Proposed Public Offering of Common Stock and Announces Q2 Revenue and Unit Guidance

Written by Customer Service on June 16, 2023. Posted in Mergers And Acquisitions.

The planned accretive transaction is intended to expand Beam Global’s business into the European market and increase Beam Global’s production, engineering, sales and product development expertise Filed Pursuant to Rule 433Free Writing Prospectus dated June 16, 2023Relating to Preliminary Prospectus dated June 16, 2023Registration No. 333-238701 Acquisition expected to increase and diversify revenues and gross profits Amiga recorded revenue of over EUR 8.5M in 2022 Expected to enhance Beam Global’s manufacturing and engineering capabilities Expected to accelerate the development of our EV Standard™ and other products both in the European and U.S. markets Expected to add new customer segments in both the U.S. & Europe SAN DIEGO, June 16, 2023 (GLOBE NEWSWIRE) — Beam Global, (Nasdaq: BEEM, BEEMW) (“Beam Global” or the...

Nickel 28 Announces Appointment of New Independent Director and Provides Update on Majority Voting Policy

Written by Customer Service on June 16, 2023. Posted in Public Companies.

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...

iCoreConnect Announces Removal of the Down-Round Provision for Its Warrants

Written by Customer Service on June 16, 2023. Posted in Public Companies.

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...

iCoreConnect, Inc. Announces 2023 First Quarter Results With Impressive Subscriber and Growth Margin Increases

Written by Customer Service on June 16, 2023. Posted in Earnings Releases And Operating Results.

OCOEE, FL, June 16, 2023 (GLOBE NEWSWIRE) — via NewMediaWire — iCoreConnect, Inc. (OTCQB: ICCT), a cloud-based software and technology company focused on increasing workflow productivity and customer profitability through its enterprise platform of applications and services, announces its first quarter 2023 results. Highlights for the Quarters Ended March 2023 and 2022 Subscribers: 2023: 32,000+ 2022: 24,000 % Growth = 33%+ Gross Profit: 2023: 73% 2022: 69% During the first quarter of 2023, iCoreConnect strengthened its position within the dental industry with the addition of four new state dental association endorsements and gained further traction in the broader healthcare industry. An increase in dental and healthcare Software-as-a-Service (SaaS) revenue was more than offset by a decline in MSaaS revenue in our legacy...

WinVest Acquisition Corp. Announces Extension of Termination Date and Additional Contribution to Trust Account to Extend Termination Date

Written by Customer Service on June 16, 2023. Posted in Public Companies.

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...

Spirit Blockchain Capital Announces the Signing of a Letter of Intent to Acquire Troon Technologies, Propelling Industry Innovation and Growth

Written by Customer Service on June 16, 2023. Posted in Public Companies.

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...

Nexus Industrial REIT Acquires a 305,000 Square Foot Distribution Facility in London Ontario and Announces Q2 2023 Results Date and June and July Distributions

Written by Customer Service on June 16, 2023. Posted in Dividend Reports And Estimates.

TORONTO, June 16, 2023 (GLOBE NEWSWIRE) — Nexus Industrial REIT (the “REIT”) (TSX: NXR.UN) announced today that has completed the previously announced purchase of an industrial property in London Ontario. The REIT acquired an approximately 305,000 square foot single-tenant distribution facility in London Ontario. The property includes a brand new approximately 160,000 square foot expansion and features 32-foot clear heights, 45 truck-level doors and 8 drive-in doors. The $56.35 million acquisition was funded by the issuance of 2,359,978 Class B LP units valued at $10.30 per unit and the assumption of existing mortgage financing with an approximately 10-year remaining term at a rate of 4.93%. Q2 Results Date The REIT intends to release its financial results for the quarter ended June 30, 2023 before the opening of the TSX...

Day: June 16, 2023

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