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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 Deb
Financialpost· 2026-02-09 22:08
Article contentDIV believes that the expectations reflected in the forward-looking information included in this news release are reasonable but no assurance can be given that these expectations will prove to be correct. In particular there can be no assurance that: the actual use of proceeds will be consistent with current expectations; DIV will be able to make required interest payments to the holders of its debentures and monthly dividend payments to the holders of its Common Shares; or DIV will achieve a ...
Grit Metals Engages Plutus Invest & Consulting GmbH to Provide Certain Marketing and Investor Awareness Services
TMX Newsfile· 2026-02-09 22:00
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2026) - Grit Metals Corp. (TSXV: FIN) (FSE: K9T) (OTCQB: EUEMF) ("Grit" or the "Company") announces that, subject to regulatory approval, it has engaged the services of Plutus Invest and Consulting GmbH ("Plutus"), to provide the Company with marketing and communications services for a twelve-month term commencing on February 9, 2026. Plutus is providing the consulting services pursuant to a consulting agreement (the "Agreement") entered into with ...
OVI Mining Corp. Files Early Warning Report for Lux Metals Corp
TMX Newsfile· 2026-02-09 19:26
Montreal, Quebec--(Newsfile Corp. - February 9, 2026) - OVI Mining Corp. (formerly La Pulga Mining Corp.) (the "Company" or "OVI") announces that, on February 6, 2026, it acquired 15,125,477 common shares (the "Shares") of Lux Metals Corp. (TSXV: LXM) ("Lux") at a deemed price of $0.20 per common share. The Shares were acquired in the context of the exercised by Lux of its option to acquire a 100% interest in the La Grande Project pursuant to the terms of an option agreement (the "Option Agreement") entere ...
Diversified Royalty Corp. Announces Closing of $60 Million Bought Deal Offering of 5.75% Convertible Unsecured Subordinated Debentures
Globenewswire· 2026-02-09 13:37
Core Viewpoint - Diversified Royalty Corp. has successfully closed a public offering of $60 million in convertible unsecured subordinated debentures, which will be used for debt repayment, funding royalty pool additions, and general corporate purposes [1][3]. Group 1: Offering Details - The offering consisted of $60 million aggregate principal amount of 5.75% convertible unsecured subordinated debentures priced at $1,000 each [1]. - A syndicate of underwriters, led by CIBC Capital Markets and Desjardins Securities Inc., conducted the offering, with an option for an additional $9 million in debentures for over-allotments [2]. - The debentures will trade on the Toronto Stock Exchange under the symbol "DIV.DB.B" [6]. Group 2: Financial Terms - The debentures mature on March 31, 2031, with a 5.75% annual interest rate payable semi-annually starting September 30, 2026 [4]. - The conversion price for the debentures into common shares is set at $5.35, subject to adjustments [4]. - The first interest payment will be approximately $36.74 per $1,000 principal amount of debentures [5]. Group 3: Use of Proceeds - Net proceeds from the offering will be allocated to repay outstanding amounts under the acquisition facility, which will increase available funds for future acquisitions [3]. - The funds will also support expected additions to the royalty pools of certain royalty partners and be used for working capital and general corporate purposes [3]. Group 4: Company Overview - Diversified Royalty Corp. is a multi-royalty corporation focused on acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America [8]. - The company aims to increase cash flow per share through accretive royalty purchases and intends to maintain a stable monthly dividend for shareholders [11].
Volatus Secures Drone Training Contract with NATO Defence Partner
Globenewswire· 2026-02-09 12:00
MONTREAL, Feb. 09, 2026 (GLOBE NEWSWIRE) -- Volatus Aerospace Inc. (TSXV: FLT; OTCQB: TAKOF; Frankfurt: A3DP5Y/ABB.F) (“Volatus” or the “Company”), a next-generation aerospace and defence company delivering dual-use uncrewed systems, aerial intelligence, and mission-critical operational services, today announced it has been awarded a new contract with a NATO defence organization to deliver advanced remotely piloted aircraft system (RPAS) (drone) training supporting operations in remote and extreme environme ...
QGold Engages IRPub for Investor Relations and Clarifies Statements Made in Management Information Circulars Respecting Mr. Stan Bharti's Holdings
Globenewswire· 2026-02-06 23:00
TORONTO, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF; Börse Frankfurt: QX9G) (“QGold” or the “Company”) announces today that, as a result of a review by the British Columbia Securities Commission, QGold is issuing this press release to clarify disclosure in the management information circulars filed by the Company during May 2022 to present regarding the beneficial ownership reported for Mr. Stan Bharti, the executive chairman of the Company. The Company notes that Mr. B ...
QGold Engages IRPub for Investor Relations and Clarifies Statements Made in Management Information Circulars Respecting Mr. Stan Bharti’s Holdings
Globenewswire· 2026-02-06 23:00
TORONTO, Feb. 06, 2026 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF; Börse Frankfurt: QX9G) (“QGold” or the “Company”) announces today that, as a result of a review by the British Columbia Securities Commission, QGold is issuing this press release to clarify disclosure in the management information circulars filed by the Company during May 2022 to present regarding the beneficial ownership reported for Mr. Stan Bharti, the executive chairman of the Company. The Company notes that Mr. B ...
Consolidated Lithium Metals Provides Update on Kwyjibo Rare Earth Project
Globenewswire· 2026-02-05 12:30
Core Viewpoint - Consolidated Lithium Metals Inc. has amended its agreement with SOQUEM to clarify the issuance of common shares as consideration for acquiring an interest in the Kwyjibo Rare Earth Project, emphasizing regulatory compliance and responsible growth [1][3]. Group 1: Transaction Details - The amendment allows the company to earn up to an 80% undivided interest in the Kwyjibo Rare Earth Project, located 125 km northeast of Sept-Îles, Québec [1]. - The number of consideration shares to be issued to SOQUEM is capped at 110 million for a 60% interest and 90 million for an additional 20% interest [5]. - SOQUEM's shareholding will not exceed 10% of the issued common shares to avoid insider status, with cash payments as an alternative if share issuance conditions are not met [5]. Group 2: Company Profile - Consolidated Lithium Metals Inc. is a Canadian junior mining exploration company focused on critical mineral projects in stable jurisdictions, trading under the symbol "CLM" on the TSX Venture Exchange [3]. - The company is committed to supporting the energy transition through responsible development of critical mineral supply chains [3].
Diversified Royalty Corp. Announces February 2026 Cash Dividend
Globenewswire· 2026-02-04 22:05
VANCOUVER, British Columbia, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Diversified Royalty Corp. (TSX: DIV and DIV.DB.A) (the “Corporation” or “DIV”) is pleased to announce that its board of directors has approved a cash dividend of $0.02375 per common share for the period of February 1, 2026 to February 28, 2026, which is equal to $0.285 per common share on an annualized basis. The dividend will be paid on February 27, 2026 to shareholders of record as of the close of business on February 13, 2026. About Diversifi ...
Pegasus Mercantile Announces Cease Trade Order
Thenewswire· 2026-02-04 15:10
                        Vancouver, BC – TheNewswire - February 4, 2026 – Pegasus Mercantile Inc. (CSE: LOAN) (Frankfurt: U040) (OTC: XTCYF) (“Pegasus” or the “Company”) announces that the British Columbia Securities Commission ("BCSC") has issued a Failure-to-File Cease Trade Order ("FFCTO") dated February 4, 2026, due to it not being able to file its annual financial statements and management's discussion and analysis ("MD&A") for the year ended September 30, 2025 on SEDAR by January 28, 2026.The Company ...