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AIP Realty Trust Announces Amendment to AllTrades Purchase Agreement
Globenewswire· 2025-12-12 22:00
VANCOUVER, British Columbia, Dec. 12, 2025 (GLOBE NEWSWIRE) -- AIP Realty Trust (the “Trust” or “AIP”) (TSXV: AIP.U) through its subsidiary AIP OP, LP (“OP LP”), has entered into an amendment (the “Amending Agreement”) to the securities purchase agreement (the “Securities Purchase Agreement”) with 2024 ATIP, Inc. (“ATIP”) dated November 14, 2024 pursuant to which the Trust is to acquire (the “AllTrades Transaction”) all of the issued and outstanding membership interests (“Membership Interests”) of AllTrades ...
Royal Helium Ltd. Announces Exit and Closing of CCAA Transaction
Newsfile· 2025-11-28 22:00
Core Viewpoint - Royal Helium Ltd. has successfully exited the CCAA Proceedings through a reverse takeover transaction with Keranic Industrial Gas Inc., marking a significant restructuring and strategic partnership in the helium sector [1][2]. Transaction Summary - The transaction involved a three-cornered amalgamation, resulting in the formation of a new wholly-owned subsidiary of Royal and the removal of the Target Companies from CCAA Proceedings [2]. - Prior to the amalgamation, Royal completed an 8:1 consolidation of its common shares and amended its articles to create two classes of shares: Class A common voting shares and Class B preferred non-voting shares [3]. - All existing debentures, options, and warrants of Royal were terminated as part of the transaction [3]. - The liabilities of the Target Companies were transferred to a residual company, while the assets were acquired by Keranic [4]. Financing Details - Keranic raised funds through a brokered subscription receipt financing of 7,030,000 subscription receipts at $0.50 each and a non-brokered common share offering of 75,901,328 Class A shares at $0.02108 each [6]. - The proceeds from these offerings were utilized to satisfy the purchase price of the transaction [6]. Strategic Investor - An affiliate of AirLife Gases Private Limited invested $2,000,000 in the Subscription Receipt Offering and $930,000 in the Share Offering, acquiring a significant stake of approximately 52.9% in Royal's Class A Shares post-transaction [9]. - The Strategic Investor is a well-established supplier of helium and specialty gases, with a strong presence in high-growth sectors such as healthcare and aerospace [10][12]. - The Strategic Investor has secured rights to nominate directors to Royal's board and has been granted corporate naming rights, subject to approval [13]. Asset Overview - The transaction encompasses Royal's extensive helium land position of approximately 600,000 acres across Saskatchewan and Alberta, with multiple helium discoveries [15]. - The Steveville plant facility, capable of processing 15,000 Mcf/day of raw gas, is expected to restart production within 12 weeks, with full capacity anticipated within 10 months [15]. Trading Update - Royal plans to apply for the listing of its Class A Shares on the TSX Venture Exchange, pending approval [16]. Advisory Information - Research Capital Corporation acted as the financial advisor for the transaction, with legal counsel provided by McDougall Gauley LLP [17].
Arizona Copper and Gold Ltd. and Core Nickel Corp. Announce Closing of Concurrent Financings
Newsfile· 2025-11-26 22:54
Arizona Copper and Gold Ltd. and Core Nickel Corp. Announce Closing of Concurrent FinancingsNovember 26, 2025 5:55 PM EST | Source: Core Nickel Corp.Toronto, Ontario--(Newsfile Corp. - November 26, 2025) - Arizona Copper and Gold Ltd. (the "Company" or "ACG") and Core Nickel Corp. (TSXV: CNCO) ("Core Nickel", and together with ACG, the "parties") are pleased to announce the closing of their previously announced concurrent brokered private placements (the "Concurrent Offerings") of Subscription ...
G2M CAP CORP. ANNOUNCES LETTER OF INTENT IN RESPECT OF QUALIFYING TRANSACTION WITH SALESCLOSER AI AND WISHPOND TECHNOLOGIES
Prnewswire· 2025-11-05 11:00
Core Insights - Wishpond Technologies Ltd. is spinning out its SalesCloser business into a separate public company to enhance focused expansion in AI sales and marketing [1][5][6] Transaction Overview - A non-binding letter of intent (LOI) has been signed for G2M Cap Corp. to acquire SalesCloser through a reverse takeover, with Wishpond expected to retain approximately 68% ownership of the new entity [1][2][9] - The transaction is anticipated to close around January 30, 2026, subject to regulatory approvals and the execution of a definitive agreement [2][7] SalesCloser Business Highlights - SalesCloser operates an advanced conversational AI platform that automates sales processes, achieving over $1.7 million in annual recurring revenue (ARR) and over 5x growth in ARR with gross margins near 85% [3][4] - The platform is designed to improve sales efficiency and reduce hiring costs while driving higher conversion rates [3] Strategic Objectives - The spin-out aims to unlock shareholder value and allow both Wishpond and SalesCloser to focus on their respective strengths, with Wishpond planning to reinvest in its core marketing technology platform [5][6] - SalesCloser is expected to become a leader in the conversational AI space for sales, supported by strong demand and rapid product innovations [5][6] Financial Aspects - Wishpond will receive 22,750,000 Resulting Issuer Shares at a deemed price of $0.75 per share, totaling approximately $17 million [9] - SalesCloser plans to undertake a bridge financing of up to $1.5 million through convertible notes, which will convert into shares if the transaction closes [11] - Concurrently, G2M intends to complete a private placement for up to $4 million, with subscription receipts priced at $0.75 each [12][13] Governance and Management - The Resulting Issuer will have a board comprising key executives from both G2M and SalesCloser, including Ali Tajskandar as CEO and Chairman [22][23] - Employment agreements will grant options to acquire 3,800,000 Resulting Issuer Shares to the CEO and COO of SalesCloser [15] Conditions and Approvals - The transaction is subject to various conditions, including the completion of financing, absence of material adverse changes, and shareholder approvals [17][36] - G2M intends to apply for a waiver from the sponsorship requirements of the TSXV [31]
Cobra Venture Corporation Provides Update on Proposed Reverse Takeover with Robinson Energy Limited
Newsfile· 2025-11-03 17:00
Core Points - Cobra Venture Corporation is in negotiations for a reverse takeover with Robinson Energy Limited, aiming to finalize a definitive agreement [1][2] - The resulting issuer from the transaction will continue Robinson's business and intends to maintain its listing as a Tier 2 Oil and Gas Issuer on the TSX Venture Exchange [2] Company Information - Robinson Energy Limited is a privately held company established in Alberta on March 4, 2022, focused on acquiring and developing strategic petroleum licenses in Papua New Guinea [3] - Robinson has secured its first petroleum license, PRL 62 [3] Financial Update - Robinson has completed a private placement financing, raising approximately CAD$4,080,351.50, which will be used for transaction-related expenses, advancing the PRL 62 license, and general working capital [4]
nDatalyze Corp. updates the "Epitome" Predictive Sports Performance Analytics Project and the RTO progress.
Thenewswire· 2025-10-20 16:35
Core Insights - nDatalyze Corp. has successfully completed the genetic swab and questionnaire collection for two of the three teams involved in the Epitome predictive analytics project, with the third team's data collection set to begin before October 31 and expected to conclude by the end of November [1] - The President of nDatalyze Corp., Jim Durward, highlighted exceptional player participation and the collaborative effort to leverage technology for improved performance [1] - The ongoing reverse takeover (RTO) process is experiencing delays due to the complexity of product SKUs and the tracking of items from purchase to sale, with the tax opinion for the controlling shareholder now received and finalization of paperwork underway [1] Company Developments - The RTO target audit is currently in progress, with the extended timeframe attributed to the large number of product SKUs [1] - The Corporation's shares will remain halted until the RTO is either completed or abandoned [1] - Anticipated private placement and presentation to the Canadian Securities Exchange (CSE) are in the works as part of the RTO process [1]
Serra Energy Announces Concurrent Financing with ROV Transaction RTO
Newsfile· 2025-10-14 20:30
Core Viewpoint - Serra Energy Metals Corp. is undergoing a significant internal reorganization and amalgamation with ROV Investment Partners Corp. and a subsidiary, which will lead to a reverse takeover and the establishment of a new entity focused on a digital healthcare platform [2][3]. Group 1: Transaction Details - The amalgamation involves acquiring all issued and outstanding securities of ROV, resulting in a reverse takeover by ROV's shareholders [2]. - The primary business of the resulting entity will be UBERDOC, Inc., which operates a digital platform for direct-pay access to medical professionals [2]. - The private placement aims to raise a minimum of $3,500,000 through the sale of at least 10,000,000 subscription receipts at a price of $0.35 each [3]. Group 2: Financial Structure - Each subscription receipt will convert into one unit of ROV upon meeting certain conditions, with each unit consisting of one common share and half a warrant of the resulting issuer [3]. - The resulting issuer warrants will be exercisable into one common share at an exercise price of $0.50 for two years following issuance [3]. - Current shareholders of the company are expected to own approximately 10.3% of the outstanding shares of the resulting issuer upon closing of the transaction [4]. Group 3: Use of Proceeds - The gross proceeds from the private placement will be held in escrow and are intended to advance business milestones and for working capital purposes following the transaction's completion [5]. Group 4: Compensation and Fees - ROV will pay a cash commission of $245,000 and issue 700,000 broker warrants to the agent involved in the private placement [6]. Group 5: Company Overview - Serra Energy Metals Corp. is publicly traded on the Canadian Securities Exchange and focuses on the acquisition, exploration, and development of green metal projects [7].
Imperial Ginseng Provides Further Update on Transaction with One Bullion
Globenewswire· 2025-10-09 12:30
Core Viewpoint - Imperial Ginseng Products Ltd. is progressing with a reverse takeover transaction involving One Bullion Limited, which is a gold exploration company based in Ontario, Canada [1][2] Transaction Details - The transaction has received conditional approval from the TSX Venture Exchange (TSXV) and will result in the combined entity being listed as a Tier 2 Mining Issuer [2] - The transaction is structured as a three-cornered amalgamation without court approval, involving a consolidation of shares at a ratio of one new share for every 1.25 old shares [5] - The closing date for the transaction has been extended from September 30, 2025, to November 28, 2025 [4] Financing Aspects - One Bullion plans to conduct a brokered concurrent financing of 13,888,888 to 27,777,777 subscription receipts at a price of $0.36 each, aiming to raise between $5 million and $10 million [8] - The net proceeds from the concurrent financing will be allocated for general working capital purposes [12] Shareholder Structure Post-Transaction - Following the transaction, approximately 179,770,596 common shares of the resulting issuer are expected to be outstanding, with about 88.8% held by former One Bullion shareholders [13] Regulatory and Compliance Information - The TSXV has waived the sponsorship requirements for the transaction [14] - The completion of the transaction is subject to final TSXV acceptance and satisfaction of certain closing conditions [18]
GoviEx-Tombador Transaction Receives Shareholder Approval from Tombador
Newsfile· 2025-10-08 10:00
Core Viewpoint - GoviEx Uranium Inc. has received shareholder approval from Tombador Iron Limited for a reverse takeover, paving the way for the formation of Atomic Eagle Ltd, an ASX-listed uranium developer [1][2]. Group 1: Transaction Details - Tombador shareholders approved all resolutions necessary for the reverse takeover, including the issuance of shares to GoviEx shareholders and the change of name to Atomic Eagle Ltd [2]. - A special meeting for GoviEx Securityholders is scheduled for October 24, 2025, to vote on the Transaction [3]. - The closing of the Transaction is targeted for early November 2025, pending approvals from GoviEx Securityholders and regulatory bodies [4]. Group 2: Company Objectives - GoviEx aims to strengthen its balance sheet and simplify its corporate structure to advance the Muntanga uranium project in Zambia [2][6]. - The company is focused on becoming a significant uranium producer through continued exploration and development of its uranium properties in Africa [6].
GoviEx Uranium Announces Continued Progress on Reverse Takeover of Tombador Iron
Newsfile· 2025-10-06 10:00
Core Viewpoint - GoviEx Uranium Inc. is making significant progress on its reverse takeover of Tombador Iron Limited, which is expected to result in the formation of Atomic Eagle Ltd, a uranium developer listed on the ASX [1][2]. Group 1: Transaction Progress - The reverse takeover transaction was initially announced on August 18, 2025, and has been amended on September 5, 2025, with ongoing advancements towards completion [2]. - Tombador has filed its prospectus with the Australian Securities and Investments Commission (ASIC), and a shareholder meeting is scheduled for October 08, 2025, to vote on the transaction [3]. - GoviEx will hold a special meeting for its shareholders, optionholders, and warrantholders on October 24, 2025, to consider and approve the transaction, which is subject to various approvals and the completion of Tombador's capital raising [4]. Group 2: Company Overview - GoviEx Uranium Inc. is focused on the exploration and development of uranium properties in Africa, with the Muntanga Project in Zambia being a key asset [6]. - The company aims to become a significant uranium producer through continued exploration and development efforts [6].