Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Newsfile News Releases

May 16, 2024 18:53 ET
131 Announces Closing of Private Placement of 8,144,199 Subscription Receipts in Syntheia
Toronto, Ontario--(Newsfile Corp. - May 16, 2024) - 1319472 B.C. Ltd. ("131") is pleased to announce, further to its press release dated April 12, 2024, the closing of Metaworld Corporation's (dba Syntheia) ("Syntheia") brokered private placement offering of subscription receipts (the "Subscription Receipts") through the issuance of 8,144,199 Subscription Receipts for gross proceeds of $2,850,469.65 (the "Financing"). Syntheia may close a second tranche of the Financing in the upcoming weeks.
May 16, 2024 18:44 ET
Xybion Digital Inc. Announces Go-Private Transaction
Vancouver, British Columbia and Princeton, New Jersey--(Newsfile Corp. - May 16, 2024) - Xybion Digital Inc. (TSXV: XYBN) ("Xybion" or the "Company") is pleased to announce a proposed go-private transaction (the "Arrangement") pursuant to a plan of arrangement under the Business Corporations Act (British Columbia) (the "BCBCA") whereby the Company will acquire all of the issued and outstanding Class A subordinate voting shares (the "Subordinate Voting Shares") from the holders thereof ("Shareholders") for cash consideration of $0.90 (the "Consideration").
May 16, 2024 18:39 ET
Marvel Biosciences Announces Private Placement
Calgary, Alberta--(Newsfile Corp. - May 16, 2024) - Marvel Biosciences Corp. (TSXV: MRVL) and its wholly owned subsidiary, Marvel Biotechnology Inc. (collectively the "Company" or "Marvel"), is pleased to announce a proposed non-brokered private placement of up to 10,000,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of up to $1,000,000 (the "Offering"). Each Unit will be comprised of one common share in the capital of the Company (a "Common Share") and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one Common Share at an exercise price of $0.15 per share at any time prior to 5:00 p.m. (Calgary time) on the date that is two (2) years from the date of the issuance of the Units; provided that if the volume weighted average trading price of the Common Shares on the TSX Venture Exchange (the "TSXV") is at least $0.175 per share for a period of five (5) consecutive trading days (whether or not trading occurs on all such days) (the "Triggering Event"), the expiry date of the Warrants may be accelerated by the Corporation to a date that is not less than 30 days after the date that notice of such acceleration is provided to the Warrant holders, which notice may be by way of general press release (the "Accelerated Expiry Date"). If such news release is issued, all Warrants that are not exercised prior to 5:00 p.m. Calgary time on the Accelerated Expiry Date will expire immediately after such time on the Accelerated Expiry Date.
May 16, 2024 18:02 ET
McFarlane Lake Announces up to C$1 Million Private Placement
Toronto, Ontario--(Newsfile Corp. - May 16, 2024) - McFarlane Lake Mining Limited (Cboe CA: MLM) (OTCQB: MLMLF) ("McFarlane Lake" or the "Company"), a Canadian gold exploration and development company, today announced that it intends to offer for sale, on a non-brokered private placement basis: (i) up to 22,222,222 units of the Company (the "Units") at a price of C$0.045 per Unit; and (ii) up to 20,000,000 flow-through shares of the Company (the "FT Shares", and together with the Units, the "Securities") at a price of C$0.05 per FT Share, in any combination, to raise collective aggregate gross proceeds of up to C$1,000,000 (together, the "Offering"). The FT Shares will qualify as "flow-through shares" within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act").
May 16, 2024 18:00 ET
Chad Williams Acquires Shares of Honey Badger Silver Inc.
White Rock, British Columbia--(Newsfile Corp. - May 16, 2024) - Honey Badger Silver Inc. (TSXV: TUF) (OTCQB: HBEIF) ("Honey Badger" or the "Company") announces that Mr. Chad Williams has purchased 4,431,000 common shares of Honey Badger Silver Inc. ("TUF" or the "Company") (TSXV: TUF) at a price of $0.06 per common share.
May 16, 2024 17:15 ET
Everyday People Financial Announces Annual and Special Meeting of Shareholders
Edmonton, Alberta--(Newsfile Corp. - May 16, 2024) - Everyday People Financial Corp. (TSXV: EPF) (OTCQB: EPFCF) ("Everyday People" or the "Company"), a financial services provider, is pleased to announce it will hold its annual and special meeting of its shareholders to be held virtually on Thursday, July 25, 2024 (the "Meeting"). The record date for determination of the shareholders entitled to receive notice of, and to vote at, the Meeting or any adjournments or postponements thereof is Monday, June 10, 2024 (the "Record Date"). Only the shareholders whose names have been entered in the register of shareholders at the close of business on the Record Date will be entitled to receive notice of, and to vote at, the Meeting or any adjournments or postponements thereof. All shareholders will receive a notice and access notification (the "Notice") by Tuesday, June 25, 2024. This Notice will provide the scheduled time of the Meeting, instructions on how to access the virtual Meeting, and information on obtaining electronic and paper copies of the Meeting materials in advance.
May 16, 2024 17:00 ET
Minnova Corp. Announces the Appointment of Jean-Pierre Colin to Its Advisory Board
Toronto, Ontario--(Newsfile Corp. - May 16, 2024) - Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) ("Minnova" or the "Company"), is an evolving resource development company with an exciting green hydrogen and cleantech innovation strategy to compliment our development-stage PL Gold Mine restart plan.
May 16, 2024 17:00 ET
Quebec Rare Earth Elements Announces Private Placement
Toronto, Ontario--(Newsfile Corp. - May 16, 2024) - Quebec Rare Earth Elements Corp. (CSE:QREE) (formerly, Metallica Metals Corp.) (the "Company") is pleased to announce a non-brokered private placement through the issuance of up to 5,000,000 common shares (each, a "Common Share") in the capital of the Company at a price of $0.15 per Common Share and up to 1,400,000 common shares, issued on a "flow-through" basis (each, a "FT Share") in the capital of the Company at a price of $0.18 per FT Share for aggregate gross proceeds of up to $1,002,000 (the "Offering").
May 16, 2024 16:30 ET
Salazar Resources Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - SALAZAR RESOURCES LIMITED (TSXV: SRL) (OTCQB: SRLZF) (FSE: CCG) ("Salazar" or the "Company") announces the granting of stock options to directors and officers of the Company for the purchase of up to 4,950,000 common shares, at a price of $0.105 per share, for a period of five years.
May 16, 2024 16:14 ET
Dallien Realty Announces Exclusive Representation at 535 Broadway
New York, New York--(Newsfile Corp. - May 16, 2024) - New York City based brokerage Dallien realty has recently announced their exclusive representation of SoHo's 535 Broadway. Founded in 2013, Dallien Realty has established itself as a premier boutique and full-service brokerage headquartered on 5th Avenue in Manhattan.
May 16, 2024 16:05 ET
F3 Announces Revised Pricing of Bought Deal Private Placement for Gross Proceeds of Over C$10.0 Million
Kelowna, British Columbia--(Newsfile Corp. - May 16, 2024) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3 Uranium" or the "Company") announces that it has revised the pricing of its previously announced private placement for gross proceeds of C$9,059,531.83 (the "Underwritten Offering"). Under the revised Underwritten Offering, the Company will issue 6,820,784 federal flow-through units of the Company (the "FFT Units") at a price of C$0.5355 per FFT Unit (the "FFT Offering Price"); and 9,250,645 Saskatchewan flow-through units of the Company (the "SFT Units", and together with the FFT Units, the "FT Units") at a price of C$0.5845 per SFT Unit (the "SFT Offering Price"), for an aggregate of 16,071,429 FT Units of the Company at a blended price of C$0.5642 per FT Unit on a "bought deal" basis. Red Cloud Securities Inc. is acting as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the "Underwriters").
May 16, 2024 16:00 ET
Legend Power Systems Schedules Q2 2024 Financial Results Release and Webinar
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - Legend Power Systems Inc. (TSXV: LPS) (OTCQB: LPSIF) ("Legend Power" or the "Company"), a global leader in commercial electrical system solutions, announces it will release its Q2 2024 financial results for the six months ended March 31, 2024, prior to market open on Friday, May 24, 2024. The Company has also scheduled a webinar to provide a business update and discuss its financial results for Friday, May 24, 2024 at 11:00 AM ET (8:00 AM PT). Please register in advance. The webinar will be hosted by Randy Buchamer, President and Chief Executive Officer of Legend Power.
May 16, 2024 15:28 ET
Akanda Corp. Receives Notice of Non-Compliance from NASDAQ
London, United Kingdom--(Newsfile Corp. - May 16, 2024) - Akanda Corp. (NASDAQ: AKAN) ("Akanda" or the "Company"), announced that it has received a deficiency notification letter from the Nasdaq Listing Qualifications Department on May 14, 2024, due to non-compliance with the minimum stockholders' equity requirement as set forth in Nasdaq Listing Rule 5550(b)(1).
May 16, 2024 14:10 ET
7D Group Offers Exclusive Luxury Stays to Enhance Roland-Garros 2024 Experience
New York, New York--(Newsfile Corp. - May 16, 2024) - As Roland-Garros 2024 is getting closer, 7D Group, a luxury concierge and lifestyle management company, has announced its luxury accommodations offer. This is tailored to enhance the overall experience of the attendants at the prestigious tennis competition. This prestigious tennis tournament will kick off at Stade Roland Garros in Paris, from Monday, May 20, 2024, to Sunday, Jun 9, 2024.
May 16, 2024 13:43 ET
Datametrex Mourns the Passing of Board Member, Hon. James Peterson, PC.
Toronto, Ontario--(Newsfile Corp. - May 16, 2024) - Datametrex AI Limited (TSXV: DM) (FSE: D4G) (OTC Pink: DTMXF) (the "Company" or "Datametrex") is sad to announce the passing of the Honourable James Scott Peterson, PC., a cherished member of the Company's Board of Directors since July 28, 2020. Hon. James Peterson passed away on May 10, 2024, after significantly contributing to the company and broader community with his extensive legal and political expertise.
May 16, 2024 13:24 ET
Zedcor Inc. Announces Closing of $5 Million Bought Deal Offering and $10 Million Concurrent Private Placement Offering
Calgary, Alberta--(Newsfile Corp. - May 16, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company") is pleased to announce the closing of its previously announced bought deal private placement offering of common shares (the "Offered Shares") of the Company (the "Offering"). The Company entered into an underwriting and agency agreement (the "Underwriting and Agency Agreement") with Beacon Securities Limited ("Beacon"), as lead underwriter and sole bookrunner, together with Paradigm Capital Inc., Cormark Securities Inc. and Echelon Wealth Partners Inc. (together with Beacon, the "Underwriters"), whereby the Company issued a total of 5,000,000 Offered Shares at an issue price of $1.00 per Offered Share (the "Issue Price") for gross proceeds of $5,000,000 pursuant to Part 5A (the "Listed Issuer Financing Exemption") of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), which included 1,000,000 Offered Shares issued pursuant to the exercise in full of the option granted to the Underwriters pursuant to the Underwriting and Agency Agreement.
May 16, 2024 12:54 ET
CSE Bulletin: Delist - MedMen Enterprises Inc. (MMEN)
Toronto, Ontario--(Newsfile Corp. - Le 16 mai/May 2024) - The Class B Subordinate Voting Shares of MedMen Enterprises Inc. will be delisted from the CSE at market close today, May 16, 2024.
May 16, 2024 12:52 ET
Alternus Clean Energy Partners with B2i Digital to Execute a Comprehensive Investor Communication and Education Initiative
Fort Mill, South Carolina--(Newsfile Corp. - May 16, 2024) - Alternus Clean Energy, Inc. (NASDAQ: ALCE), a leading utility-scale transatlantic, clean energy independent power producer (IPP), announced it has engaged B2i Digital to conduct an investor engagement, education and awareness program. B2i Digital will leverage its targeted marketing expertise to increase awareness of Alternus' unique position in the renewable energy sector and its potential for growth among the investment community.
May 16, 2024 12:00 ET
Xima Software and RingLogix Announce Strategic Partnership to Offer Industry-Leading Contact Center Solutions
Miami Lakes, Florida--(Newsfile Corp. - May 16, 2024) - Xima Software, a leading contact center solutions provider, is pleased to announce a strategic partnership with RingLogix, a prominent business communications solution provider in the telecommunications industry. This partnership marks a significant step forward in delivering cutting-edge contact center technology to small and medium-sized organizations.
May 16, 2024 11:50 ET
Max Resource to Purchase the Floralia Hematite Iron Ore Property in Brazil
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to announce the completion of diligence in regard to a conditional Letter of Intent ("LOI") with Jaguar Mining Inc. ("Jaguar"), signed on April 12, 2024. The LOI outlines the terms of purchasing 100% of the Florália hematite iron ore property (the "Property" or "Florália Property") located 120-km east of the city of Belo Horizonte in the State of Minas Gerais, Brazil (refer to Figure 1).