Latest news with #SNAPS
Yahoo
16-06-2025
- Business
- Yahoo
Novra Announces First Funds Received Under SNAPS Convertible Loan Agreement
Winnipeg, Manitoba--(Newsfile Corp. - June 16, 2025) - Novra Technologies Inc. (TSXV: NVI) ("Novra") is issuing this notice to announce that it has received the first US $500 thousand tranche of funds related to its binding Convertible Loan Agreement with SNAPS Holding Company ("SNAPS"), which was initially announced on September 10, 2024 and subsequently extended. The remainder of the loan is expected to be received in multiple tranches later in June and July. As disclosed in previous statements, under the agreement SNAPS, which is an arm's-length party, will provide US $9 million (CA $12.3 million) for a term of two years with interest at 1% per annum. The agreed closing date for the loan was previously extended to be before July 31, 2025. This loan can be converted into Novra common shares by either SNAPS or Novra at any time during the term at CA $0.34 per share. The conversion to shares would require TSXV and shareholder approval. Although SNAPS has demonstrated its strong commitment to the Convertible Loan Agreement by providing this first tranche of funds, the company cautions investors to refrain from placing undue reliance on forward-looking statements regarding this transaction. Novra can provide no assurance that the Convertible Loan Agreement will be completed in its entirety as proposed. Novra's Directors and Officers, as insiders, are currently subject to a trading blackout and this will continue for an additional one-week period after an update announcing an end to the blackout, or an announcement that the Loan has closed, is released. About Novra Technologies Inc.: Novra (TSXV: NVI) (OTCQB: NVRVF) is an international technology provider of products, systems and services for the distribution of multimedia broadband content. The Novra Group of companies includes Novra Technologies Inc, International Datacasting Corporation, and Wegener Corporation. The companies in the group are known for a strong focus on applications, including: broadcast video and radio, digital cinema, digital signage, and highly reliable data communications. For more information visit: Forward-Looking Statements: This press release contains "forward-looking statements" within the meaning of applicable Canadian securities laws, concerning but not limited to: pending closing of this transaction, required TSX Venture Exchange approval of this transaction, Shareholder approval of this transaction, and anticipated developments in our operations in future periods. Forward-looking statements are generally identifiable by words such as "expect", "anticipate", "believe", "intend", "estimate", "predict", "outlook", "opportunity", "momentum", "potential", "proposed", "targeted", "plans" "possible", "positive indication for", "looking forward to", "commitment to", "is starting to", and similar expressions, or statements that events, conditions or results "will", "may", "could" or "should" occur or be achieved. As such, forward-looking statements are not historical facts but reflect our current assumptions and expectations regarding future events. These are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations and assumptions. Some of these risks and uncertainties are described under the "Risks and Uncertainties" section of Novra's MD&A.
Yahoo
13-04-2025
- Health
- Yahoo
Plattsburgh students give to local school
The Student Nursing Association at Plattsburgh State is taking direct action to help local students in and around the Plattsburgh and Clinton County area. Lately, Cardinals in the Nursing Program have been helping young students at Beekmantown Central School District. To give back to the local community, SNAPS is taking the initiative to support Beekmantown Elementary, Middle and High School children through a clothing and hygiene drive. Their mission is aimed to foster a supportive environment and bond for nursing students to make as much of a positive impact as possible in the North Country. SNAPS provides an applied learning experience for SUNY Plattsburgh nursing students to find a space to connect. Through trial, tribulations, and shared experiences, each Card mentors one another throughout the rigorous program. 'The nursing program can be demanding at times, so it is nice to have other people who are going through the same program,' said SNAPS student representative Breanna Cascioli. Older students often guide younger students, offering experience, advice, and encouragement. Yet, the organization's reach extends beyond the city of Plattsburgh to the broader Clinton County community. The drives at Beekmantown CSD are just the latest exhibitions on how SNAPS make an impact through applied learning. 'SNAPS not only offers support to the nursing program at Plattsburgh but to the Plattsburgh Community,' Cascioli said. 'SNAPS has done multiple hygiene drives in the past, like Trunk or Treat at the field house for local children.' For upperclassmen in SNAPS, the experience they gain helps them for the future past graduation. Most of their knowledge comes from engagement with public health nursing. Plattsburgh students in the Nursing Program are given a chance to work directly in the community through the JCEO Head Starts, Alliance Health and several local school districts around the area. Beekmantown, alongside SNAPS, serves students who may not have clean socks or enough fresh clothes or hygiene products. 'The school nurses at Beekmantown truly care about their students,' Cascioli said. 'Many of them even bring needed items of their own to the school for the children and teens.' For students who may not have the accessibility to or knowledge about the power of clean clothes and good hygiene, SNAPS and the school district help to alleviate some of the challenges for the Beekmantown Eagles. 'The clothing items can give confidence to children and teens. Having clean clothes picked out for each day can make a difference in the level of confidence a person has,' Cascioli said. Rather than worrying about their basic needs, a simple drive like the ones at Beekmantown can provide kids with the essentials to finding their confidence and focusing on school. Just about anyone at Plattsburgh State can help to move the needle in the area. Outside of SNAPS, students from all majors can help by donating clothing and hygiene items, spreading awareness, or reaching out to local facilities to see where assistance is needed. 'Any student can make a difference on campus or in the community,' Casicoli said. 'Students can reach out to the facilities around the community and ask how they can help. JCEOs, Alliance Health, and the schools around the community are good places to reach out to.' For future health care professionals, SUNY Plattsburgh's Nursing Program understands the importance of engaging the community beyond campus. The invitation is extended to Cardinals on campus, faculty and the local community to aid. People like Cascioli believe that through a joint effort, SNAPS, SUNY Plattsburgh and the North Country can make an impact on local kids, giving them access to the necessities they need to succeed. 'As future nurses, SNAPS must support the community. It is important to take initiative within the communities around to help promote overall health and well being.'
