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Partners Value Investments Inc. Announces Establishment of Normal Course Issuer Bid
Globenewswire· 2025-09-10 20:30
TORONTO, Sept. 10, 2025 (GLOBE NEWSWIRE) -- Partners Value Investments Inc. (the “Corporation”) (TSXV: PVF.WT, PVF.PR.V, PVF.A), a subsidiary of Partners Value Investments L.P., announced today that it received approval from the TSX Venture Exchange (the “Exchange”) to commence normal course issuer bids to purchase up to 2,493,940 of its non‐voting exchangeable shares (the “Exchangeable Shares”), representing approximately 10% of the public float of Exchangeable Shares (the “Bid”). The period of the Bid wil ...
Prime Drink Group Provides Bi-Weekly MCTO Status Report
GlobeNewswire News Room· 2025-08-30 00:00
Core Viewpoint - Prime Drink Group Corp. has received an extension from the British Columbia Securities Commission to file its annual financial statements, now due by September 29, 2025, following a management cease trade order [1][2]. Group 1: Management Cease Trade Order (MCTO) - The MCTO was granted on July 30, 2025, preventing the CEO and CFO from trading the company's securities until the annual financial filings are submitted [1][2]. - Shareholders retain the ability to trade their securities despite the MCTO [2]. Group 2: Financial Filing Extension - The deadline for filing the annual financial statements for the period ended March 31, 2025, has been extended to September 29, 2025 [1]. - The company is actively working to meet this new deadline [2]. Group 3: Compliance and Reporting - The company will issue bi-weekly default status reports in the form of news releases to comply with alternative information guidelines under NP 12-203 until the annual financial filings are submitted [3].
Magnetic North Acquisition Corp. Announces Non-Brokered Private Placement of Up to CDN$500,000
Globenewswire· 2025-05-13 21:55
Core Viewpoint - Magnetic North Acquisition Corp. is planning a non-brokered private placement of unsecured, interest-bearing promissory notes to raise up to CAD$500,000 with a 10% interest rate [1][2] Group 1: Offering Details - The Offering will consist of unsecured promissory notes with a face value of CAD$10,000 each [1] - The anticipated closing of the Offering will occur in multiple tranches, with the first tranche expected to close by May 15, 2025 [2] - A cash commission of up to 7% will be payable to qualified agents based on the total amount raised [2] Group 2: Use of Proceeds - The net proceeds from the Offering will be utilized for general corporate purposes [2] Group 3: Repayment Options - The Company and investors may agree to repayment in kind, using Series A Preferred shares based on a price determined by the average price in the five trading days preceding the end of the Term [3] Group 4: Company Overview - Magnetic North Acquisition Corp. invests and manages businesses, emphasizing that capital alone does not guarantee success [4] - The Company operates from Calgary and Toronto, leveraging management and capital markets expertise to enhance the success of its investee companies [4] - Magnetic North's common and preferred shares are traded on the TSX Venture Exchange under the symbols MNC and MNC.PR.A, respectively [4]