Latest news with #101
Cision Canada
2 hours ago
- Business
- Cision Canada
Martello and Wesley Clover International Amend Loan Agreement
Amendment extends the loan's maturity date to 2028 at a fixed interest rate of 12%. /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./ OTTAWA, ON, July 23, 2025 /CNW/ - Martello Technologies Group Inc., ("Martello" or the "Company") (TSXV: MTLO), a provider of experience management solutions for enterprise collaboration, announced today an amendment to the amended and restated loan agreement with Wesley Clover International signed on August 28, 2023 (the "Wesley Clover Loan"). Wesley Clover International is the investment firm controlled by Martello Chairman Terence Matthews. The amendment extends the maturity date of the loan by two years to August 28, 2028 and adjusts the interest rate from US Prime plus 8.75% per annum to a fixed rate of 12% per annum. Interest accrues during the term of the loan and is to be paid at loan maturity. The amendment described above constitutes a "related party transaction" within the meaning of Multilateral Instrument 61–101 Protection of Minority Security Holders in Special Transactions ("MI 61–101"). The Company has relied on exemptions from the formal valuation and minority shareholder approval requirements of MI 61–101 contained in sections 5.5(b) and 5.7(1)(f) of MI 61–101 in respect of the amendment described above. About Martello Technologies Group Martello (TSXV: MTLO) is a technology company that provides experience management solutions for enterprise collaboration tools such as Microsoft Teams and Mitel unified communications. The Company's Vantage DX solution enables IT teams and managed service providers (MSPs) to deliver a frictionless Microsoft Teams user experience. With Vantage DX, they can move from reactive to proactive support by detecting potential performance issues before they impact users, and speeding resolution time from days to minutes. This leads to increased productivity, realizes efficiencies, and allows businesses to harness the full value of Microsoft Teams. Martello is a public company headquartered in Ottawa, Canada with employees in Europe, the United States and the Asia Pacific region. Learn more at This press release does not constitute an offer of the securities of the Company for sale in the United States. The securities of the Company have not been registered under the United States Securities Act of 1933, (the "1933 Act") as amended, and may not be offered or sold within the United States absent registration or an exemption from registration under the 1933 Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release. Cautionary Note Regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information can be identified by words such as: "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "will" and similar references to future periods and includes, but is not limited to, information, statements and expectations regarding: the expected use of proceeds of the Private Placement; and other activities, events or developments that the Company expects or anticipates will or may occur in the future. Forward-looking information is neither a statement of historical fact nor assurance of future performance. Instead, forward-looking information is based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking information relates to the future, such statements are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking information. Therefore, you should not rely on any of the forward-looking information. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking information include, among others, the following: Continued volatility in the capital or credit markets and the uncertainty of additional financing. Our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so. Changes in customer demand. Disruptions to our technology network including computer systems and software, as well as natural events such as severe weather, fires, floods and earthquakes or man-made or other disruptions of our operating systems, structures or equipment. Delayed purchase timelines and disruptions to customer budgets, as well as Martello's ability to maintain business continuity. and other risks disclosed in the Company's filings with Canadian Securities Regulators, available on the Company's profile on SEDAR+ at Any forward-looking information provided by the Company in this news release is based only on information currently available and speaks only as of the date on which it is made. Except as required by applicable securities laws, the Company undertakes no obligation to publicly update any forward-looking information, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. SOURCE Martello Technologies Group Inc.
Leader Live
6 days ago
- Entertainment
- Leader Live
First look at Samuel L Jackson in Tulsa King spin-off
Nola King follows Jackson's character, Russell Lee Washington Jr, who is tasked with taking out Sylvester Stallone's Dwight Manfredi. Manfredi, or 'the General' is the main character of Tulsa King, a mafia boss who befriended Jackson's character years earlier while they were both in prison. A photo from the production shows the two characters sitting at a table that has a bottle of alcohol on it and a reserved sign. Stallone, 79, said: 'Chris McCarthy (co-chief executive of Paramount Global) came to me with a game-changing idea: to elevate my show beyond a mob boss series, creating a dynamic, family-driven franchise. 'I was immediately on board. Sam Jackson is the only choice to anchor this new adventure in Nola and (producer) David Glasser and 101 are the perfect partner to bring it to life.' Mr McCarthy said: 'Samuel L Jackson brings unparalleled presence and global appeal, making him the perfect choice to maximise the momentum of one of our biggest hits and transform it into a hit franchise. 'Building on the breakout success of Sylvester Stallone's Tulsa King, audiences will now experience the full force of Jackson's dynamic, layered performance, supercharging one of Paramount+'s flagship series.' David C Glasser, chief executive of entertainment company 101 Studios, said: 'Partnering with Paramount has been such a rich experience. (Creator) Taylor (Sheridan) had the brilliant idea to drop Sylvester Stallone in the middle of Tulsa and it has been everything we have wanted and more. It's official! 🔥 #TulsaKing Season 3 is in the works! 👊 — Tulsa King (@TulsaKing) March 18, 2025 'The success of this show has now led us to another icon. I cannot wait to see what Sam brings to this world.' Jackson, 76, has starred in films including Django (2012), The Hateful Eight (2015), Jurassic Park (1993) and The Avengers (2012). One of his most acclaimed roles was playing hitman Jules Winnfield in Quentin Tarantino's 1994 hit crime film Pulp Fiction. Tulsa King is a Paramount+ series that follows Stallone's character, Dwight 'the General' Manfredi, as he is sent to Tulsa, Oklahoma, to begin a new crime enterprise after being released from prison in New York. Jackson's character will be introduced in the third series of Tulsa King, to premiere in September. Stallone and Jackson were both executive producers on Nola King.
Powys County Times
6 days ago
- Entertainment
- Powys County Times
First look at Samuel L Jackson in Tulsa King spin-off
A first-look image has been released of Hollywood actor Samuel L Jackson in the new Tulsa King spin-off series. Nola King follows Jackson's character, Russell Lee Washington Jr, who is tasked with taking out Sylvester Stallone's Dwight Manfredi. Manfredi, or 'the General' is the main character of Tulsa King, a mafia boss who befriended Jackson's character years earlier while they were both in prison. A photo from the production shows the two characters sitting at a table that has a bottle of alcohol on it and a reserved sign. Stallone, 79, said: 'Chris McCarthy (co-chief executive of Paramount Global) came to me with a game-changing idea: to elevate my show beyond a mob boss series, creating a dynamic, family-driven franchise. 'I was immediately on board. Sam Jackson is the only choice to anchor this new adventure in Nola and (producer) David Glasser and 101 are the perfect partner to bring it to life.' Mr McCarthy said: 'Samuel L Jackson brings unparalleled presence and global appeal, making him the perfect choice to maximise the momentum of one of our biggest hits and transform it into a hit franchise. 'Building on the breakout success of Sylvester Stallone's Tulsa King, audiences will now experience the full force of Jackson's dynamic, layered performance, supercharging one of Paramount+'s flagship series.' David C Glasser, chief executive of entertainment company 101 Studios, said: 'Partnering with Paramount has been such a rich experience. (Creator) Taylor (Sheridan) had the brilliant idea to drop Sylvester Stallone in the middle of Tulsa and it has been everything we have wanted and more. It's official! 🔥 #TulsaKing Season 3 is in the works! 👊 — Tulsa King (@TulsaKing) March 18, 2025 'The success of this show has now led us to another icon. I cannot wait to see what Sam brings to this world.' Jackson, 76, has starred in films including Django (2012), The Hateful Eight (2015), Jurassic Park (1993) and The Avengers (2012). One of his most acclaimed roles was playing hitman Jules Winnfield in Quentin Tarantino's 1994 hit crime film Pulp Fiction. Tulsa King is a Paramount+ series that follows Stallone's character, Dwight 'the General' Manfredi, as he is sent to Tulsa, Oklahoma, to begin a new crime enterprise after being released from prison in New York. Jackson's character will be introduced in the third series of Tulsa King, to premiere in September.
Glasgow Times
6 days ago
- Entertainment
- Glasgow Times
First look at Samuel L Jackson in Tulsa King spin-off
Nola King follows Jackson's character, Russell Lee Washington Jr, who is tasked with taking out Sylvester Stallone's Dwight Manfredi. Manfredi, or 'the General' is the main character of Tulsa King, a mafia boss who befriended Jackson's character years earlier while they were both in prison. A photo from the production shows the two characters sitting at a table that has a bottle of alcohol on it and a reserved sign. Stallone, 79, said: 'Chris McCarthy (co-chief executive of Paramount Global) came to me with a game-changing idea: to elevate my show beyond a mob boss series, creating a dynamic, family-driven franchise. Samuel L Jackson plays Russell Lee Washington Jr (Ian West/PA) 'I was immediately on board. Sam Jackson is the only choice to anchor this new adventure in Nola and (producer) David Glasser and 101 are the perfect partner to bring it to life.' Mr McCarthy said: 'Samuel L Jackson brings unparalleled presence and global appeal, making him the perfect choice to maximise the momentum of one of our biggest hits and transform it into a hit franchise. 'Building on the breakout success of Sylvester Stallone's Tulsa King, audiences will now experience the full force of Jackson's dynamic, layered performance, supercharging one of Paramount+'s flagship series.' David C Glasser, chief executive of entertainment company 101 Studios, said: 'Partnering with Paramount has been such a rich experience. (Creator) Taylor (Sheridan) had the brilliant idea to drop Sylvester Stallone in the middle of Tulsa and it has been everything we have wanted and more. 'The success of this show has now led us to another icon. I cannot wait to see what Sam brings to this world.' Jackson, 76, has starred in films including Django (2012), The Hateful Eight (2015), Jurassic Park (1993) and The Avengers (2012). One of his most acclaimed roles was playing hitman Jules Winnfield in Quentin Tarantino's 1994 hit crime film Pulp Fiction. Tulsa King is a Paramount+ series that follows Stallone's character, Dwight 'the General' Manfredi, as he is sent to Tulsa, Oklahoma, to begin a new crime enterprise after being released from prison in New York. Jackson's character will be introduced in the third series of Tulsa King, to premiere in September. Stallone and Jackson were both executive producers on Nola King.
Rhyl Journal
6 days ago
- Entertainment
- Rhyl Journal
First look at Samuel L Jackson in Tulsa King spin-off
Nola King follows Jackson's character, Russell Lee Washington Jr, who is tasked with taking out Sylvester Stallone's Dwight Manfredi. Manfredi, or 'the General' is the main character of Tulsa King, a mafia boss who befriended Jackson's character years earlier while they were both in prison. A photo from the production shows the two characters sitting at a table that has a bottle of alcohol on it and a reserved sign. Stallone, 79, said: 'Chris McCarthy (co-chief executive of Paramount Global) came to me with a game-changing idea: to elevate my show beyond a mob boss series, creating a dynamic, family-driven franchise. 'I was immediately on board. Sam Jackson is the only choice to anchor this new adventure in Nola and (producer) David Glasser and 101 are the perfect partner to bring it to life.' Mr McCarthy said: 'Samuel L Jackson brings unparalleled presence and global appeal, making him the perfect choice to maximise the momentum of one of our biggest hits and transform it into a hit franchise. 'Building on the breakout success of Sylvester Stallone's Tulsa King, audiences will now experience the full force of Jackson's dynamic, layered performance, supercharging one of Paramount+'s flagship series.' David C Glasser, chief executive of entertainment company 101 Studios, said: 'Partnering with Paramount has been such a rich experience. (Creator) Taylor (Sheridan) had the brilliant idea to drop Sylvester Stallone in the middle of Tulsa and it has been everything we have wanted and more. It's official! 🔥 #TulsaKing Season 3 is in the works! 👊 — Tulsa King (@TulsaKing) March 18, 2025 'The success of this show has now led us to another icon. I cannot wait to see what Sam brings to this world.' Jackson, 76, has starred in films including Django (2012), The Hateful Eight (2015), Jurassic Park (1993) and The Avengers (2012). One of his most acclaimed roles was playing hitman Jules Winnfield in Quentin Tarantino's 1994 hit crime film Pulp Fiction. Tulsa King is a Paramount+ series that follows Stallone's character, Dwight 'the General' Manfredi, as he is sent to Tulsa, Oklahoma, to begin a new crime enterprise after being released from prison in New York. Jackson's character will be introduced in the third series of Tulsa King, to premiere in September. Stallone and Jackson were both executive producers on Nola King.
