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Diversified Royalty Corp. Announces the Exercise of the Over-Allotment Option in Connection with its Recently Completed $60 Million Bought Deal Offering of 5.75% Convertible Unsecured Subordinated Debentures
Globenewswire· 2026-02-09 22:05
VANCOUVER, British Columbia, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV, DIV.DB.A and DIV.DB.B) (the “Corporation” or “DIV”) is pleased to announce that the underwriters, in respect of its recently completed bought deal public offering (the “Offering”) of $60,000,000 aggregate principal amount of 5.75% convertible unsecured subordinated debentures (the “Debentures”) at a price of $1,000 per Debenture (the “Offering Price”), have fully exercised their previously announced option to ...
Colibri Closes Debenture Units Offering
TMX Newsfile· 2026-02-09 20:13
Dieppe, New Brunswick--(Newsfile Corp. - February 9, 2026) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") wishes to announce that, further to its news release of February 2, 2026, it has issued 115 convertible debenture units (the "Debenture Units") for gross proceeds of US$115,000 (the "Debenture Offering"). The Debenture Units were acquired by two former debenture holders whose original debentures matured in August 2025. The Debenture Offering does not represent new money to the ...
Diversified Royalty Corp. Announces Increase to Previously Announced Public Offering of 5.75% Convertible Unsecured Subordinated Debentures to $60 Million
Globenewswire· 2026-02-03 13:51
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN ONE BUSINESS DAY, ON SEDAR+ VANCOUVER, British Columbia, Feb. 03, 2026 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that, due to strong demand, it has entered into a revised agreement with a syndicate of underwriters led by CIBC Capital Markets (collect ...
Herbal Dispatch Announces Extension of Convertible Debentures
TMX Newsfile· 2026-02-03 08:01
Core Viewpoint - Herbal Dispatch Inc. has amended the terms of its unsecured convertible debentures, extending the maturity date from January 31, 2026, to January 31, 2028, while maintaining other terms such as a 14% annual interest rate and a conversion price of CAD$0.06 [1][2]. Group 1: Amendment Details - The final amendment to the Convertible Debentures extends the maturity date to January 31, 2028, with the interest rate remaining at 14% per annum, a conversion price of CAD$0.06, and a threshold price of CAD$0.12 [2]. - The Company obtained an exemption from the Canadian Securities Exchange regarding certain requirements for convertible debenture amendments [3]. Group 2: Related Party Transactions - The amendment constitutes a "related party transaction" as both Mr. Malcolm and Mr. Dhaliwal are directors of the Company, requiring formal valuation and minority shareholder approval unless exemptions apply [4]. - The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements, asserting that the fair market value involved does not exceed 25% of the Company's market capitalization [5]. - The Board of Directors unanimously approved the Amendment, with Mr. Malcolm and Mr. Dhaliwal abstaining from the resolution [6]. Group 3: Company Overview - Herbal Dispatch Inc. is a leading operator of cannabis e-commerce platforms in Canada, providing quality medical and recreational products to consumers [8]. - The Company is actively expanding through exports to international markets, positioning itself for sustained growth and new revenue opportunities [8].
Colibri to Conduct Placement of Debenture Units
TMX Newsfile· 2026-02-02 21:21
Dieppe, New Brunswick--(Newsfile Corp. - February 2, 2026) - Colibri Resource Corporation (TSXV: CBI) ("Colibri" or the "Company") wishes to announce that, further to its news release of October 17, 2025, it will be conducting a revised placement of up to 115 convertible debenture units (the "Debenture Units") for gross proceeds of up to US$115,000 (the "Debenture Offering"). The Debenture Offering is expected be taken up in its entirety by former debenture holders whose debentures matured in August 2025. ...
Newlox Gold Announces Issuance of Convertible Debentures and Amendment of Convertible Debentures and Warrants
Thenewswire· 2026-01-19 23:30
Core Viewpoint - Newlox Gold Ventures Corp. is planning a non-brokered private placement to raise up to $1,023,000 through the issuance of convertible debentures and warrants, while also amending existing debentures and warrants from a previous placement [1][2][9][10]. Group 1: Private Placement Details - The private placement will consist of up to 1,000 units priced at $1,023 each, totaling gross proceeds of up to $1,023,000 [1]. - Each unit will include a two-year 5% unsecured convertible debenture and 9,300 common share purchase warrants [1]. - The new debentures will have a principal amount of $1,000, a 5% annual interest rate, and will be convertible into common shares at a price of $0.11 per share [3]. - Each new warrant will allow the holder to acquire one common share at a price of $0.15 for two years from the date of issue [4]. Group 2: Related Party Transaction - Mr. MacKay, an insider of the Corporation, plans to participate in the private placement with an investment of $41,400 [6]. - This participation is classified as a "related party transaction" under Multilateral Instrument 61-101, but is expected to be exempt from formal valuation and minority shareholder approval requirements [7]. Group 3: Use of Proceeds - The net proceeds from the private placement will be utilized for general corporate purposes [8]. Group 4: Amendments to Prior Debentures and Warrants - The Corporation will amend the terms of $403,500 in prior convertible debentures, extending their maturity by 24 months and reducing the interest rate from 10% to 5% [2][9]. - The conversion price of the prior debentures will be reduced from $0.15 to $0.11 [9]. - The Corporation also intends to extend the expiry date and reduce the exercise price of the prior warrants from $0.25 to $0.15, extending the exercise period by two years [10]. Group 5: Company Overview - Newlox Gold Ventures Corp. is focused on recovering gold and silver from artisanal and small-scale mining operations in Latin America, utilizing technology to recover precious metals while addressing historical mine waste and supporting local economic development [12].
Burcon Announces Closing of First Tranche of Non-Brokered Private Placement of Convertible Debentures
TMX Newsfile· 2026-01-02 13:00
Vancouver, British Columbia--(Newsfile Corp. - January 2, 2026) - Burcon NutraScience Corporation (TSX: BU) (OTCQB: BRCNF) ("Burcon" or the "Company"), a global technology leader in plant-based protein innovation, is pleased to announce the closing of the first tranche of a non-brokered private placement of convertible debentures (the "Convertible Debentures") for an aggregate principal amount of up to $6.3 million (the "Private Placement"). Insiders of the Company and Burcon's manufacturing partner owners ...
1933 Industries Announces Maturity of Unsecured Convertible Debentures and Encourages Conversion to Support Continued Growth
Accessnewswire· 2025-12-18 05:25
Core Points - 1933 Industries Inc. has announced that its unsecured convertible debentures issued in 2024, totaling approximately $2,598,000, will mature on December 31, 2025 [1] - The company has conducted a review of its financial position and operating performance, concluding that it currently lacks sufficient cash resources to repay the principal amount of the 2024 Debentures without significantly impairing its operational capabilities [1]
Diamond Estates Wines & Spirits Announces Further Replacement of Previously Issued Convertible Debentures
TMX Newsfile· 2025-12-17 02:34
Core Points - Diamond Estates Wines & Spirits Inc. has announced the replacement of $4,654,000 in aggregate principal amount of 10.0% unsecured convertible debentures with new 2025 Replacement Debentures maturing on November 9, 2026 [1][2] - The new debentures have a conversion price set at $0.22, differing from the previous terms [2] - The Lassonde Group, consisting of Lassonde Holding and Lassonde Industries, exchanged their existing debentures for a total of $3,350,000 in principal amount of the new debentures, which is subject to a hold period [3] Company Overview - Diamond Estates is a producer of high-quality wines and ciders and serves as a sales agent for over 120 beverage alcohol brands across Canada [4] - The company operates four production facilities, primarily in Ontario, producing VQA wines under various well-known brand names [4] - Through its commercial division, Trajectory Beverage Partners, the company represents a wide range of international beverage brands [5] Wine Portfolio - Trajectory represents renowned wine brands from various countries, including France, Argentina, Australia, New Zealand, Italy, Portugal, and California [6] Spirits Portfolio - The company also represents distinguished spirit brands from Ontario, Mexico, Scotland, Nova Scotia, the UK, and the USA [7] Beer, Cider, and RTD Portfolio - In the beer, cider, and ready-to-drink categories, Trajectory represents several brands from Ontario, Belgium, the Netherlands, and Germany [8] Insider Transactions - The issuance of the 2025 Replacement Debentures to insiders is considered a related party transaction and was approved by disinterested shareholders [3] - Prior to the issuance, the Lassonde Group held approximately 51.56% of the common shares of Diamond Estates [11] - Following the issuance, the Lassonde Group's holdings in terms of debentures have changed, but their overall ownership percentage remains significant [12][13]
Alaris Equity Partners Announces Filing of Final Prospectus
Globenewswire· 2025-12-12 23:28
Core Points - Alaris Equity Partners Income Trust has filed a final short form prospectus for a bought deal offering of $100 million principal amount of 6.25% convertible unsecured senior debentures [1] - The offering is led by a syndicate of underwriters, including National Bank Financial Inc. and CIBC Capital Markets, with an option for underwriters to purchase an additional $15 million [1] - The closing of the offering is expected to occur on December 17, 2025, subject to customary closing conditions [3] Company Overview - Alaris Equity Partners Income Trust invests in a diversified group of private businesses primarily through structured equity, aiming to deliver stable and predictable returns to unitholders through cash distributions and capital appreciation [4]