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Hybrid Power Solutions closes Debenture Financing
Thenewswire· 2025-08-20 20:30
Core Insights - Hybrid Power Solutions Inc. has completed a non-brokered private placement offering of secured convertible debentures, raising gross proceeds of Cdn $500,000 [1][2] Group 1: Financial Details - The funds from the debenture will support production needs for an existing order for two Terras from a major construction company [2] - The company aims to enhance supply chain efficiency and production timelines by relocating Terra manufacturing to North America [4] Group 2: Strategic Objectives - The company plans to advance the development and rollout of connected technology features across all units, set for release in Q4 2025 [4] - Adoption of advanced production and quality control processes is intended to boost efficiency, ensure product consistency, meet regulatory standards, lower costs, and improve margins [4] - Expansion at key industry tradeshows, live demonstrations, and client roadshow events across Canada and the U.S. is scheduled for Q4 2025 [4] - The company will hire two additional sales representatives dedicated to key market verticals in Canada and the USA [4] - General working capital will also be supported by the funds raised [4]
Gatekeeper Announces 360 Surround Vision, Live View Wireless Subscriptions Contract with a Private School in Florida
Thenewswire· 2025-08-20 20:15
Core Insights - Gatekeeper Systems Inc. has secured a full-fleet school bus video and subscriptions contract with a private school in Florida, marking a significant expansion into the private school sector [1][2] - The contract is valued at approximately US$9,200 (C$12,800) per bus, plus monthly subscriptions, highlighting the growing importance of video technology in enhancing school bus safety [3] - The private school fleet consists of fifteen buses, and there are around 3,000 private schools in Florida, indicating a potential market for further growth in this sector [3] Company Overview - Gatekeeper Systems Inc. specializes in video and data solutions aimed at improving safety for children, passengers, and drivers in public transportation [5] - The company has provided solutions to over 60 transit agencies and 3,500 school districts across North America, with more than 57,000 Mobile Data Collectors installed [5] - Gatekeeper's business model is centered around its Platform-as-a-Service (PaaS) offering, which includes AI-assisted video analytics for incident management and data storage [5]
Providence Gold Mines Inc. Options La Dama de Oro Gold Property
Thenewswire· 2025-08-20 13:00
Core Viewpoint - Providence Gold Mines Inc. has entered an option agreement to acquire the La Dama de Oro Gold Property, a historical gold mine, subject to regulatory approval [1] Group 1: Acquisition Details - The La Dama de Oro Gold Property is 100% owned by Mohave Gold Mining, a private company based in California [1] - The option agreement allows Providence to purchase 100% of the property under specific terms, including the issuance of common shares and expenditures over four years [5][6][7] Group 2: Technical and Geological Information - Ethos Geological Inc. has been commissioned to complete an NI 43-101 technical report for the property, which is currently at an early exploration stage and lacks sufficient data for a mineral resource [2] - The property is located in the Silver Mountain Mining District, characterized by complex geology including Mesozoic quartz monzonite and Jurassic Sidewinder Volcanics [3] - Mineralization is classified as a low-sulfidation epithermal gold-silver vein system, with the largest known vein measuring 4.5 feet at its widest point [4] Group 3: Exploration Potential - The property has an approved exploration permit that includes a bulk sample, indicating potential for further exploration and discovery of additional veins along the fault system [4] - Ronald A. Coombes, President & CEO of Providence, emphasized the historical gold production at La Dama de Oro, suggesting strong discovery potential [7]
Allegiant Receives BLM Approval for Exploration at Castle Zone Within Eastside Gold Project Plan of Operation Significantly Expands the Project Area
Thenewswire· 2025-08-20 13:00
Tonopah, Nevada / August 20, 2025 – TheNewswire - Allegiant Gold Ltd. ("Allegiant" or the "Company") (AUAU: TSX-V) (AUXXF: OTCQX) is pleased to announce that it has received formal approval from the Bureau of Land Management (BLM) and the Nevada Division of Environmental Protection (NDEP) for its Environmental Assessment (EA) and Plan of Operations for the Castle Project, located in Esmeralda County, Nevada, approximately 22 miles west of Tonopah. The approval allows Allegiant to proceed with an extensive m ...
SuperQ Quantum Engages ArcStone Securities for Strategic Capital Markets Advisory
Thenewswire· 2025-08-20 12:00
Core Insights - SuperQ Quantum Computing Inc. has engaged ArcStone Canada Inc. for comprehensive capital markets advisory services aimed at enhancing visibility and shareholder value through quantum and supercomputing innovation [1][2][4] - The partnership is expected to support SuperQ's growth strategy by providing institutional coverage and U.S. market access, aligning its technological advancements with strategic capital market expertise [3][4] Company Overview - SuperQ Quantum Computing Inc. is positioned as a leader in quantum and supercomputing, focusing on delivering transformative ROI for global organizations [5][6] - The flagship Super™ platform aims to make advanced computational power accessible, targeting sectors such as finance, healthcare, logistics, and defense [6] Advisory Firm Overview - ArcStone Canada Inc. is a capital markets advisory firm that provides a range of services including investment banking, equity research, and growth conferences, with a strong presence in North America [8]
Initial Exploration Program at Silver North's Veronica Property Completed
Thenewswire· 2025-08-20 12:00
Vancouver, BC, August 20, 2025 – TheNewswire - Silver North Resources Ltd. (TSX-V: SNAG, OTCQB: TARSF) ("Silver North" or the "Company") is pleased to announce that the 2025 field exploration program at the Veronica Property, part of the GDR Project, has been completed. The program was undertaken and will be partially funded under a grant from the Government of Yukon, under its Yukon Mineral Exploration Program ("YMEP). Under this program, qualifying exploration expenditures can be refunded to the Company i ...
Rockland Resources Applauds Kairos-Google Advanced Nuclear Fission Partnership With TVA and its Relevance to Global Beryllium Usage
Thenewswire· 2025-08-20 12:00
Core Insights - The collaboration between Kairos Power, Google, and the Tennessee Valley Authority (TVA) marks a significant advancement in the deployment of advanced nuclear energy, specifically through the use of small modular reactors (SMRs) [1][3] - This agreement will enable Google to secure up to 50 MWe of carbon-free baseload power for its data centers starting in 2030, contributing to the company's decarbonization efforts [1][3] - The project aims to bring a total of 500 MWe of advanced nuclear power online by 2035, highlighting a growing commitment to clean energy solutions [3] Industry Implications - The demand for critical minerals, particularly beryllium, is expected to rise significantly as new reactor designs are deployed, with specific beryllium requirements outlined for various reactor types [2][3] - Beryllium is identified as a critical and strategic mineral due to its essential applications across multiple sectors, including clean energy, aerospace, and defense [5] - The supply security of beryllium is emphasized as crucial for enabling next-generation clean energy technologies [4][5] Company Positioning - Rockland Resources Ltd. is strategically positioned in the beryllium market, focusing on the development of its projects in the Spor Mountain region of Utah, which is known for its significant beryllium production [6] - The company is actively working on its portfolio of beryllium projects to meet the anticipated future needs for this critical mineral [5][6] - Rockland holds a 100% interest in the Cole Gold Mine, further diversifying its resource portfolio [7]
Cora Capital Corp. Announces Letter of Intent In Respect of Reverse Takeover of Tiger Financial Corporation
Thenewswire· 2025-08-19 21:00
Core Viewpoint - Cora Capital Corp. and Tiger Financial Corporation have entered into a non-binding letter of intent for a reverse takeover, with Cora expected to acquire all issued and outstanding securities of Tiger in exchange for Cora's securities, leading to a public listing on the Canadian Securities Exchange [1][2][4]. Company Overview - Tiger Financial is a fintech and digital banking company focused on providing AI-powered banking, payments, and lending solutions to small businesses in Southeast Asia, particularly Vietnam, with plans to expand into other markets [3]. - The company is led by Ben Aissa, who has over 20 years of experience in building financial technology ventures globally [3]. Transaction Details - The transaction involves Cora acquiring all securities of Tiger, making Tiger a wholly owned subsidiary of Cora, with an anticipated completion date around November 28, 2025 [4][21]. - Upon closing, Tiger shareholders will receive 28,500,000 common shares of Cora, representing 54.7% of the issued shares post-transaction [5][21]. Financing Plans - Cora plans to conduct a private placement financing to raise C$1.15 million by issuing 4,600,000 common shares at C$0.25 each, with Tiger shareholders expected to subscribe for C$150,000 [7]. - A concurrent private placement of 6,600,000 special warrants is also planned, aiming to raise approximately C$3.3 million [10][11]. Conditions and Milestones - The completion of the transaction is contingent upon various conditions, including regulatory approvals and the successful closing of the Bridge Financing and Concurrent Financing [20]. - Tiger shareholders may receive additional shares based on performance milestones, such as expanding operations into new Southeast Asian countries and achieving revenue targets [15][17]. Leadership and Governance - The Resulting Issuer will have a board of directors comprising members from both Cora and Tiger, with Ben Aissa serving as CEO [25][26]. - The leadership team includes experienced professionals with backgrounds in fintech, capital markets, and corporate governance [28][30][31]. Market Position and Strategy - The Resulting Issuer aims to leverage its position in the rapidly growing Southeast Asian market, targeting over 62 million under-banked small businesses [3]. - The strategic focus will be on enhancing its AI-powered digital banking platform and expanding into new markets to accelerate growth [33].
Voyageur Pharmaceuticals Announces Exercise of Warrants for Gross Proceeds of $1.69 Million
Thenewswire· 2025-08-19 20:15
Core Points - Voyageur Pharmaceuticals Ltd. has received significant investor support through the exercise of 14,708,013 share purchase warrants for gross proceeds of $1,470,801, including 1,120,000 warrants exercised by the Executive Vice-President [1] - The company aims to become a leader in the radiology drug market by vertically integrating the barium and iodine contrast markets [3][4] - Voyageur has developed five barium contrast products that have received Health Canada licenses [4] - The company plans to generate cash flow by partnering with established third-party GMP pharmaceutical manufacturers [5] - Voyageur owns a 100% interest in the Frances Creek barium sulphate project, which is believed to produce higher quality imaging products compared to synthetic alternatives [6] - The company's vision is to control all primary input costs, ensuring quality and cost efficiency in the production of radiology contrast media [7]
Planet Ventures Closes Oversubscribed $6,400,000 Convertible Debenture Financing
Thenewswire· 2025-08-19 20:05
Core Points - Planet Ventures Inc. has successfully closed a convertible debenture financing, raising total gross proceeds of $6,400,000 [1][2] - The funds will be utilized to enhance the Company's Bitcoin treasury strategy and for general corporate and working capital purposes [2] - The debentures have a 12% annual interest rate and mature in 24 months, with a conversion price of $0.50 per share [3] Financial Details - The debentures are secured against the assets of the Company [4] - Planet Ventures currently holds 28.8 Bitcoin and approximately C$18,000,000 in cash/securities [4] - An insider, controlled by the CEO, participated in the offering for C$3,200,000, which is classified as a related party transaction [5] Regulatory Compliance - The Company intends to rely on exemptions from formal valuation and minority shareholder approval requirements due to the transaction's value being below 25% of the Company's market capitalization [5] - All securities issued will be subject to a statutory hold period of four months and one day [5]