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ISC Selected to Build and Operate the Future International Registry for Mining, Agriculture and Construction Equipment
Globenewswire· 2026-03-09 11:00
Core Viewpoint - Information Services Corporation (ISC) has been selected to establish and operate the International Registry for Mining, Agriculture, and Construction (MAC) Equipment, enhancing access to financing and reducing legal risks in these sectors [1][8]. Group 1: Company Overview - ISC is a leading provider of registry and information management services, focusing on managing, securing, and administering public data and records [5]. - The company operates through three segments: Registry Operations, Services, and Technology Solutions, and aims to sustain its core business while pursuing new growth opportunities [5]. Group 2: International Registry Details - The International Registry will provide a secure global platform for registering interests in high-value equipment, which is expected to improve lender confidence and support wider access to secured financing, particularly in developing markets [2][3]. - The agreement for the International Registry includes an initial five-year term with options for extension, and ISC will manage it through its Registry Operations and Technology Solutions segments [1][8]. Group 3: Industry Impact - The MAC Protocol, part of the Cape Town Convention, establishes a clear international legal framework for registering security interests in high-value equipment, which is crucial for reducing legal risks and enhancing financing access [2][3]. - This initiative is seen as a significant advancement for the mining, agriculture, and construction sectors, facilitating better access to secured finance [3].
Nebari Partners, LLC Acquired Warrants of Abcourt Mines Inc.
Globenewswire· 2025-09-22 18:23
Core Viewpoint - Nebari Partners, LLC has amended its credit agreement with Abcourt Mines Inc., providing an additional loan of USD$2,000,000 and issuing warrants as part of the agreement [1]. Group 1: Loan Agreement Details - Nebari Natural Resources Credit Fund II, LP has entered into a second agreement to amend its Loan Agreement with Abcourt, making an additional USD$2,000,000 available as a loan [1]. - Abcourt issued 14,395,259 non-transferable warrants to Nebari, each exercisable for one common share at an exercise price of $0.096 per share until July 3, 2028 [1]. - If the total amount borrowed from Nebari reaches USD$12,000,000 and is prepaid before July 3, 2026, the term of a pro-rata number of warrants will be reduced [1]. Group 2: Ownership and Reporting - Following the issuance of warrants on September 18, 2025, Nebari holds a total of 116,340,557 warrants, representing 10.3% of Abcourt's issued and outstanding shares on a partially diluted basis [2]. - This ownership percentage qualifies Nebari as a reporting insider of Abcourt, necessitating the filing of an early warning report [2]. Group 3: Future Transactions - Nebari and related entities may acquire additional securities of Abcourt in the open market or otherwise, and reserve the right to dispose of any or all of their securities depending on market conditions and other relevant factors [3]. Group 4: Early Warning Report - An early warning report will be filed by Nebari in compliance with applicable securities laws [4]. Group 5: Company Information - Nebari Partners, LLC is based in New York and manages Nebari Natural Resources Credit Fund II, LP and Nebari Natural Resources AIV II, LP [5]. - Abcourt Mines Inc. is headquartered in Rouyn-Noranda, Québec, Canada [5].