Latest news with #NationalInstrument62-103
Cision Canada
21 hours ago
- Business
- Cision Canada
Richardson Financial Group Limited Enters into Support and Voting Agreement With iA Financial Corporation Inc.
WINNIPEG, MB, July 28, 2025 /CNW/ - Richardson Financial Group Limited (" RFG") today announced that it has entered into a support and voting agreement with iA Financial Corporation Inc. (" iA") pursuant to which, among other things, RFG has agreed to vote all of the common shares (the " Common Shares") in the capital of RF Capital Group Inc. (the " Company") that are directly and indirectly held by it in favour of, and support, the acquisition by iA of all of the issued and outstanding Common Shares. iA intends to acquire all of the issued and outstanding Common Shares in consideration of an amount of $20.00 in cash per Common Share pursuant to a plan of arrangement under Section 182 of the Business Corporations Act (Ontario) (the " Proposed Transaction"). RFG owns 6,730,014 Common Shares and 1409480 Alberta Ltd., a wholly-owned subsidiary of RFG, owns 238,513 Common Shares, which collectively represent approximately 44.32% of the issued and outstanding Common Shares, calculated on a non-diluted basis. RFG also owns 30,422 preference shares of Richardson Wealth Limited, a subsidiary of the Company, which are expected to be redeemed in connection with the completion of the Proposed Transaction. Following the completion of the Proposed Transaction, RFG will not own any Common Shares or other equity securities of the Company and its subsidiaries. A copy of the early warning report filed by RFG under National Instrument 62-103 in connection with the Proposed Transaction will be available on the Company's SEDAR+ profile at RF Capital Group Inc.'s head office is located at 100 Queens Quay East, Suite 2500, Toronto, Ontario, M5E 1Y3. About Richardson Financial Group Limited Richardson Financial Group Limited is a privately-owned Canadian corporation. Headquartered in Winnipeg, the Firm is involved in financial services
Cision Canada
11-07-2025
- Business
- Cision Canada
Class B Holdings Limited Updates Reporting on Empire Shares Pursuant to National Instrument 62-103
STELLARTON, NS, July 11, 2025 /CNW/ - This press release is being disseminated as required by National Instrument 62-103 - The Early Warning System and Related Take-Over Bids and Insider Reporting Issuers ("NI 62-103") in connection with the filing of an early warning report by Class B Holdings Limited ("CBHL") as a result of its acquisition of Class B common shares of Empire Company Limited ("Class B Shares") in a private transaction. CBHL, beneficially owned by three branches of the Sobey family, confirmed today that it has acquired 90,000 Class B Shares at a price of $54.40 per share, being approximately 0.09% of the outstanding Class B Shares. The acquisition results in an aggregate increase of 2.03% of the outstanding Class B Shares since CBHL's early warning report on December 28, 2017. Prior to the acquisition, CBHL beneficially held an aggregate of 92,833,092 Class B Shares representing 94.59% of the outstanding Class B Shares. Following acquisition, CBHL beneficially hold an aggregate of 92,923,092 Class B Shares representing 94.69% of the outstanding Class B Shares. CBHL, together with its shareholders and their affiliates, own or control 92,941,170 Class B Shares representing approximately 94.71% of the outstanding Class B common shares. CBHL, its shareholders and their affiliates have no intention to undertake any other transactions relating to his ownership of Empire. However, subject to regulatory limitations, they may acquire or continue to hold Empire shares in the normal course of their investment activities.
Cision Canada
03-07-2025
- Business
- Cision Canada
Aura Minerals Announces Filing of Early Warning Report Regarding Altamira Gold Corp.
ROAD TOWN, British Virgin Islands, July 3, 2025 /CNW/ - Aura Minerals Inc. (TSX: ORA) (B3: AURA33) and (OTCQX: ORAAF) (" Aura" or the " Company") announced that it has entered into a subscription agreement (the " Subscription Agreement") with Altamira Gold Corp. (the " Issuer" or " Altamira") pursuant to which it acquired, in a non-brokered private placement (the " Private Placement"), 6,000,000 units of the Issuer (" Units") at a price of C$0.10 per Unit for an aggregate purchase price of C$600,000. Each Unit consists of one common share (each, a " Share") and one-half of one common share purchase warrant (each, a " Warrant") of the Issuer. Each Warrant is exercisable to acquire one Share of the Issuer at an exercise price of C$0.15 per Share until June 30, 2027. Prior to entering into the Subscription Agreement, Aura held 24,000,000 Shares and 24,000,000 Warrants, representing approximately 11.3% of the issued and outstanding Shares on a non-diluted basis and approximately 20.3% of the issued and outstanding Shares on a fully diluted basis. Immediately upon the closing of the Private Placement, Aura holds 30,000,000 Shares and 27,000,000 Warrants, representing approximately 11.3% of the issued and outstanding Shares on a non-diluted basis and approximately 19.5% of the issued and outstanding Shares on a fully diluted basis. Aura acquired the Units directly from the Issuer in the Private Placement and not through the facilities of any stock exchange or other marketplace. Aura acquired the Units for investment purposes given the exploration potential of Altamira. Aura may, from time to time and depending on the market and other conditions, acquire additional securities of the Issuer, 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, reformulation of plans and/or relevant factors. For additional information on Altamira, readers are encouraged to visit: Altamira's head office is located at Suite 1500 409 Granville St., Vancouver, British Columbia, V6C 1T2. This press release is issued pursuant to National Instrument 62-103 — The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also require a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters (the " Early Warning Report"). A copy of the Early Warning Report will be filed with the Issuer's documents on the SEDAR+ website at About Aura 360° Mining Aura is focused on mining in complete terms – thinking holistically about how its business impacts and benefits every one of our stakeholders: our company, our shareholders, our employees, and the countries and communities we serve. We call this 360° Mining. Aura is a mid-tier gold and copper production company focused on operating and developing gold and base metal projects in the Americas. The Company has 5 operating mines including the Aranzazu copper-gold-silver mine in Mexico, the Apoena, Almas and Borborema gold mines in Brazil, and the Minosa mine in Honduras. The Company's development projects include Cerro Blanco in Guatemala and Matupá both in Brazil. Aura has unmatched exploration potential owning over 630,000 hectares of mineral rights and is currently advancing multiple near-mine and regional targets along with the Carajas (Serra da Estrela) copper project in the prolific Carajás region of Brazil Forward-Looking Information This press release contains "forward-looking information" and "forward-looking statements", as defined in applicable securities laws (collectively, "forward-looking statements") which may include, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including the Company acquiring or disposing the Issuer's securities and the filing of the Early Warning Report. Often, but not always, forward-looking statements can be identified by the use of words and phrases such as "plans," "expects," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved. Known and unknown risks, uncertainties and other factors, many of which are beyond the Company's ability to predict or control, could cause actual results to differ materially from those contained in the forward-looking statements. Specific reference is made to the most recent Annual Information Form on file with certain Canadian provincial securities regulatory authorities for a discussion of some of the factors underlying forward-looking statements, which include, without limitation, volatility in the prices of gold, copper and certain other commodities, changes in debt and equity markets, the uncertainties involved in interpreting geological data, increases in costs, environmental compliance and changes in environmental legislation and regulation, interest rate and exchange rate fluctuations, general economic conditions and other risks involved in the mineral exploration and development industry. Readers are cautioned that the foregoing list of factors is not exhaustive of the factors that may affect the forward-looking statements. All forward-looking statements herein are qualified by this cautionary statement. Accordingly, readers should not place undue reliance on forward-looking statements. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements whether as a result of new information or future events or otherwise, except as may be required by law. If the Company does update one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those or other forward-looking statements.
Cision Canada
27-06-2025
- Business
- Cision Canada
Early Warning Report Issued Pursuant to National Instrument 62-103 in Connection with the Acquisition of Shares of PUDO Inc.
TORONTO, June 27, 2025 /CNW/ - Richard Cooper (" Mr. Cooper"), announces 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 for himself and for a joint actor, Cardinal Couriers Ltd. (" Cardinal" and together with Mr. Cooper, the " Acquirors") in connection with the acquisition of common shares (" Shares") of PUDO Inc. (the " Company"). Mr. Cooper controls Cardinal. Cardinal On March 1, 2023, as a result of an amalgamation (" Amalgamation") of RHC Spitfire Corporation (" Spitfire") and GCC Ferrari Corp. with Cardinal, Cardinal acquired 1,489,314 Shares. No amount was given for the Shares acquired pursuant to the Amalgamation. Prior to the Amalgamation, Cardinal held 2,476,292 Shares representing 9.1 % of the outstanding Shares of the Company. Immediately after Amalgamation, Cardinal held 3,965,606 Shares representing 14.5 % of the outstanding Shares of the Company. On March 7, 2025, the Company settled (" 2025 Settlement") certain debt owed by the Company to Cardinal by issuance of 1,877,511 Shares. The total value of the debt subject to the 2025 Settlement was $253,463, which represented a value of $0.135 per Share. Prior to the 2025 Settlement, Cardinal held 3,965,606 Shares representing 14.5% of the outstanding Shares of the Company. Immediately after Settlement, Cardinal held 5,843,117 Shares representing 17.6% of the outstanding Shares of the Company. Mr. Cooper On November 7, 2019, the Company settled (" 2019 Settlement") certain debt owed by the Company to (i) Cardinal by issuance of Shares resulting in the issuance of 1,715,555 Shares, and (ii) Spitfire by issuance of Shares resulting in the issuance of 111,111 Shares. Immediately prior to November 7, 2019, Mr. Cooper, who controls Spitfire and Cardinal, held directly and indirectly, a total of 670,645 Shares representing 4.0% of the outstanding Shares of the Company . Mr. Cooper then indirectly, through Cardinal and Spitfire pursuant to the 2019 Settlement, acquired 1,826,666 Shares. Immediately after the 2019 Settlement, Mr. Cooper directly and indirectly held 2,497,311 Shares representing 11.6% of the outstanding Shares of the Company. Mr. Cooper, immediately before March 1, 2023, directly and indirectly held a total of 2,803,161 Shares representing 10.3% of the outstanding Shares of the Company. As a result of the Amalgamation, Mr. Cooper indirectly acquired 1,489,314 Shares. Immediately after Amalgamation, Mr. Cooper directly and indirectly held 4,292,475 Shares representing 15.7 % of the outstanding Shares of the Company. Mr. Cooper, immediately before March 7, 2025, directly and indirectly held a total of 4,292,475 Shares representing 15.7% of the outstanding Shares of the Company. Mr. Cooper then indirectly, through Cardinal pursuant to the 2025 Settlement, acquired 1,877,511 Shares. Immediately after the 2025 Settlement, Mr. Cooper directly and indirectly held 6,354,986 Shares representing 19.1 % of the outstanding Shares of the Company. The Acquirors 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.
Cision Canada
16-06-2025
- Business
- Cision Canada
NEMESIA SARL ACQUIRES SHARES OF LUNDIN MINING CORPORATION
LUXEMBOURG, June 16, 2025 /CNW/ - Nemesia S.à.r.l, "(Nemesia"), a company controlled by trusts settled by the late Adolf H. Lundin, of 42, Boulevard Grande Duchesse Charlotte, L-1330 Luxembourg, announced today that on June 13, 2025, it had acquired an aggregate of 900,000 common shares of Lundin Mining Corporation ("Lundin Mining" – TSX "LUN" - NASDQ Stockholm "LUMI") at an average price of Cdn$14.1016 per common share for a total of Cdn$12,691,440.00 representing approximately 0.11% of the then issued and outstanding common shares of Lundin Mining. These common shares were acquired through the facilities of the Toronto Stock Exchange. View PDF version As a result of this acquisition, Nemesia now holds 172,280,617 common shares or approximately 20.14% of the issued and outstanding common shares of Lundin Mining. Despite their zero holdings in common shares of LUN, Zebra Holdings and Investments S.à r.l. , Lorito Doraline S.à r.l., Lorito Floreal S.à r.l., Lorito Arole S.à r.l., and Lorito Orizons S.à r.l continue to be considered as joint actors with Nemesia. These are all private Luxembourg companies controlled by trusts settled by the late Adolf H. Lundin and residing at 42, Boulevard Grande Duchesse Charlotte, L-1330 Luxembourg. Nemesia acquired the common shares of Lundin Mining for investment purposes. Nemesia and its joint actors may from time to time make future investments in or dispose of common shares of Lundin Mining depending upon the business and prospects of Lundin Mining and future market conditions. A copy of the Early Warning Report to be filed pursuant to National Instrument 62-103 may be obtained from Barry Baker - +1 604 603-1575.
