Latest news with #NationalInstrument62-103
Cision Canada
2 days ago
- Business
- Cision Canada
G2S2 CAPITAL INC. ANNOUNCES INCREASED INVESTMENT IN MORGUARD CORPORATION
HALIFAX, NS, June 3, 2025 /CNW/ - G2S2 Capital Inc. ("G2S2") announces that it has acquired ownership of, and control over, additional common shares ("Shares") of Morguard Corporation ("Morguard"). Specifically, on May 30, 2025, G2S2 acquired 400 Shares through the facilities of the Toronto Stock Exchange at a price of $111.75 per Share (the "Acquisition"), representing approximately 0.01% of the outstanding Shares. Prior to the Acquisition, G2S2, together with its joint actors, had ownership of, and control over, 1,286,623 Shares, representing a securityholding percentage of approximately 12.01% of the Shares. Immediately after the Acquisition, G2S2, together with its joint actors, had ownership of, and control over, 1,287,023 Shares, representing a securityholding percentage of approximately 12.02% of the Shares. The aggregate number of Shares beneficially owned and controlled by G2S2 represent a 2.00% increase since G2S2 was last required to file an early warning report on November 15, 2023. G2S2 and its joint actors, George & Simé Armoyan, own the Shares for investment purposes. They may, from time to time, depending on market and other conditions, increase or decrease their beneficial ownership, control or direction over Shares of Morguard through market transactions, private agreements, or otherwise. In accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, G2S2 has filed an early warning report regarding this transaction on SEDAR+ ( under Morguard's issuer profile. Morguard's head office is located at 55 City Centre Drive, Suite 1000, Mississauga, Ontario L5B 1M3. Canada. G2S2 is controlled by George & Simé Armoyan. SOURCE G2S2 Capital Inc.
Yahoo
5 days ago
- Business
- Yahoo
Early Warning Press Release Respecting the Acquisition of Common Shares of RAMM PHARMA Corp.
TORONTO, May 30, 2025 (GLOBE NEWSWIRE) -- Jack Burnett ("CEO") today announced that he has filed an early warning report (the "Early Warning Report") under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the acquisition of securities of RAMM PHARMA Corp (CSE: RAMM) (the 'Company'). Pursuant to the terms of a Stock Transfer Agreement (the 'Agreement') dated May 30, 2025, between Jack Burnett, as purchaser, and Armando Blankleider, as vendor ('Vendor'), CEO acquired 4.667.000 common shares of the Company (the 'Common Shares') for consideration of CDN $ 46.667 (the 'Purchased Shares'). Immediately prior to the acquisition of the Purchased Shares, CEO exercised control or direction over 22,053,000 Common Shares, representing 18,47% of the Company's outstanding Common Shares. Immediately following the acquisition of the Purchased Shares (the 'Acquisition'), CEO holds 26,720,000 Common Shares representing 22,38% of the outstanding Common Shares of the Company. CEO acquired the Common Shares for investment purposes. CEO may from time to time in the future, subject to and in accordance with applicable securities laws, acquire or dispose of securities of the Company for investment purposes. The Acquisition was conducted in reliance on the 'private agreement exemption' in section 4.2 of National Instrument 62-104 – Take-Over Bids and Issuer Bids ('NI 62-104') and as a result was exempt from the take-over bid requirements in Part 2 of NI 62-104. The Purchased Shares were acquired from not more than five sellers and at a price less than 115% of the market price of the Common Shares, in each case as calculated in accordance with NI 62-104. A copy of the Early Warning Report filed by CEO will be available under the Company's profile on SEDAR at or may be obtained from José Roldan, Interim CFO, at jroldan@ +598 2513 9958
Yahoo
6 days ago
- Business
- Yahoo
Early Warning Report Issued Pursuant to National Instrument 62-103 in Connection with the Closing of the Private Placement of NXT Energy Solutions Inc
Calgary, Alberta--(Newsfile Corp. - May 30, 2025) - Ataraxia Capital ("Ataraxia"), announces that it has filed an early warning report (the "Early Warning Report") under National Instrument 62-103 — The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the conversion ("Conversion") of US$2,300,000 secured convertible debentures ("Convertible Debentures") of NXT Energy Solutions Inc. (the "Company") into common shares ("Shares") of the Company. Ataraxia had acquired Convertible Debentures pursuant to private placements (the "Private Placements") conducted on (i) May 31, 2023 in respect of US$1,200,000 principal amount of Convertible Debentures having a conversion price of US$0.143 per Share, (ii) July 10, 2023 in respect of US$200,000 principal amount of Convertible Debentures having a conversion price of US$0.143 per Share, (iii) October 30, 2024 in respect of US$500,000 principal amount of Convertible Debentures having a conversion price of US$0.24 per Share, and (iv) November 12, 2024 in respect of US$400,000 principal amount of Convertible Debentures having a conversion price of US$0.24 per Share. Immediately prior to the Conversion, Ataraxia did not hold any Shares, but assuming conversion of all of the Convertible Debentures, Ataraxia would have held 13,540,208 Shares of the Company representing 14.6% of the outstanding Shares. Accordingly, upon completion of the Conversion, Ataraxia now holds 13,540,208 Shares representing 14.6% of the outstanding Shares. Ataraxia has the right to nominate one (1) director to the board of the Company so long as Ataraxia holds at least 5% of the Shares. Ataraxia may acquire additional securities of the Company, dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position, depending on market conditions and other relevant factors. A copy of the Early Warning Report filed by Ataraxia will be available under the Company's profile on SEDAR+ at Contact Information Ataraxia CapitalDr. Daere Akobo Phone: +234 9060005335 To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
6 days ago
- Business
- Cision Canada
Bastion Mining Pte. Ltd. Acquires Ordinary Shares of Xanadu Mines Limited
SINGAPORE, May 29, 2025 /CNW/ - This news release is issued by Bastion Mining Pte. Ltd. (" Bastion") pursuant to the early warning requirements of Canada's National Instrument 62-104 and National Instrument 62-103 with respect to ordinary shares of Xanadu Mines Limited (the " Issuer"). Bastion announces that it has completed an arm's length private placement financing with the Issuer for A$17.2 million (the " Financing"). Pursuant to the Financing, Bastion was issued 286,829,633 ordinary shares of the Issuer (each, an " Ordinary Share") at an issuance price of A$0.06 per Ordinary Share. The Financing was completed in connection with an off-market bid publicly announced by Bastion on May 19, 2025 under Chapter 6 of the Corporations Act 2001 (Cth) (Australia) to acquire all of the Ordinary Shares in Xanadu (the " Offer") for the purposes of assisting the Issuer with meeting its corporate and joint venture funding obligations during the Offer period. Subject to the terms of the Offer, Xanadu shareholders will receive A$0.08 cash for each Ordinary Share in Xanadu held by Xanadu shareholders as at 7:00 p.m. (Australian Eastern Standard Time) on May 26, 2025. The Offer opened on May 28, 2025 and is scheduled to close at 7:00 p.m. (Australian Eastern Standard Time) on July 1, 2025 unless extended or withdrawn. Immediately prior to the Financing, Bastion had beneficial ownership and control over nil Ordinary Shares of the Issuer. Upon completion of the Financing, Bastion acquired beneficial ownership and control over 286,829,633 Ordinary Shares representing approximately 12.52% of the issued and outstanding Ordinary Shares of the Issuer on completion (on a non-diluted basis). Bastion acquired the Ordinary Shares for investment purposes. Bastion is controlled by Boroo Pte Ltd. (" Boroo") who holds 75% of Bastion's issued ordinary share capital. Boroo is a private Singapore-incorporated entity which invests in major gold projects internationally. The remaining non-controlling 25% of Bastion's issued ordinary share capital is held by the Issuer's director Ganbayar Lkhagvasuren. For further information and to obtain a copy of the early warning report filed under applicable Canadian provincial and territorial securities legislation in connection with the Financing, please go to the Issuer's profile on the SEDAR+ website ( or contact Phillip Tan at [email protected]. Bastion has its registered office at 9 Straits View, #05-09, Marina One West Tower, Singapore, 018937.
Yahoo
6 days ago
- Business
- Yahoo
Bastion Mining Pte. Ltd. Acquires Ordinary Shares of Xanadu Mines Limited
SINGAPORE, May 29, 2025 /CNW/ - This news release is issued by Bastion Mining Pte. Ltd. ("Bastion") pursuant to the early warning requirements of Canada's National Instrument 62-104 and National Instrument 62-103 with respect to ordinary shares of Xanadu Mines Limited (the "Issuer"). Bastion announces that it has completed an arm's length private placement financing with the Issuer for A$17.2 million (the "Financing"). Pursuant to the Financing, Bastion was issued 286,829,633 ordinary shares of the Issuer (each, an "Ordinary Share") at an issuance price of A$0.06 per Ordinary Share. The Financing was completed in connection with an off-market bid publicly announced by Bastion on May 19, 2025 under Chapter 6 of the Corporations Act 2001 (Cth) (Australia) to acquire all of the Ordinary Shares in Xanadu (the "Offer") for the purposes of assisting the Issuer with meeting its corporate and joint venture funding obligations during the Offer period. Subject to the terms of the Offer, Xanadu shareholders will receive A$0.08 cash for each Ordinary Share in Xanadu held by Xanadu shareholders as at 7:00 p.m. (Australian Eastern Standard Time) on May 26, 2025. The Offer opened on May 28, 2025 and is scheduled to close at 7:00 p.m. (Australian Eastern Standard Time) on July 1, 2025 unless extended or withdrawn. Immediately prior to the Financing, Bastion had beneficial ownership and control over nil Ordinary Shares of the Issuer. Upon completion of the Financing, Bastion acquired beneficial ownership and control over 286,829,633 Ordinary Shares representing approximately 12.52% of the issued and outstanding Ordinary Shares of the Issuer on completion (on a non-diluted basis). Bastion acquired the Ordinary Shares for investment purposes. Bastion is controlled by Boroo Pte Ltd. ("Boroo") who holds 75% of Bastion's issued ordinary share capital. Boroo is a private Singapore-incorporated entity which invests in major gold projects internationally. The remaining non-controlling 25% of Bastion's issued ordinary share capital is held by the Issuer's director Ganbayar Lkhagvasuren. For further information and to obtain a copy of the early warning report filed under applicable Canadian provincial and territorial securities legislation in connection with the Financing, please go to the Issuer's profile on the SEDAR+ website ( or contact Phillip Tan at Bastion has its registered office at 9 Straits View, #05-09, Marina One West Tower, Singapore, 018937. SOURCE Bastion Mining Pte. Ltd. View original content: Sign in to access your portfolio
