Latest news with #Note
Yahoo
a day ago
- Business
- Yahoo
Captor Capital Corp. Drives Strategic Expansion with US$500,000 Bitcoin Acquisition and US$450,000 Convertible Loan Note from European Institutional Investor
TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- Captor Capital Corp. ('Captor' or the 'Company') (CSE: CPTR) is excited to announce a significant milestone in its growth strategy with the acquisition of US$500,000 in Bitcoin for treasury holdings and the issuance of unsecured convertible loan notes (the 'Notes') in the aggregate amount of US$450,000 to a European-based institutional investor (the 'Noteholder'). These strategic moves reinforce Captor's commitment to innovative financial strategies and delivering exceptional value to its shareholders. The Notes will be convertible into common shares in the capital of Captor (the 'Common Shares') at a price equal to the closing price of the Common Shares trading on the Canadian Securities Exchange (the 'CSE') on the day immediately before the earlier of May 27, 2026 (the 'Maturity Date') or the conversion of the Notes. Key Highlights of the Convertible Loan Note Agreement: Cost-Effective Capital: The Notes, maturing on the Maturity Date, are unsecured and bear interest at a rate of 6.5%, providing Captor with flexible, low-cost capital to support its ambitious growth plans. Flexible Conversion Terms: The Notes may convert into Common Shares under the following conditions: Upon a qualified equity fundraising of US$10 million or more. Following a share sale resulting in a change of control. Prior to the Maturity Date with the consent of the Company. On the Maturity Date, if no prior conversion event occurs and with the consent of the Company. Controlled Transferability: The Notes are transferable only with Captor's written consent and in minimum denominations of US$1,000, ensuring structured and secure transactions. The Notes are not listed on any stock exchange, including the CSE, and no application for listing is currently planned, ensuring a focused and efficient investment structure. Strategic Use of Proceeds The proceeds from the Notes will bolster Captor's general working capital and fuel its dynamic investment strategies, enabling the Company to drive sustainable growth across its diversified portfolio. Leadership Perspective John Zorbas, Director of Captor, commented: 'We are thrilled to partner with a leading institutional investor in this financing. This agreement provides us with the financial flexibility to execute our strategic vision. Combined with our recent Bitcoin acquisition, Captor is well-positioned to capitalize on emerging opportunities and deliver long-term value to our shareholders.' About Captor Capital Corp. Captor Capital Corp. is a forward-thinking Canadian investment firm dedicated to creating shareholder value through strategic financing and high-impact partnerships. By leveraging innovative investment opportunities, including digital assets like Bitcoin, Captor is building a diversified portfolio designed for growth. For Further Information, Please Contact:John Zorbas, DirectorEmail: info@ (416) 827-5109 Forward-Looking Information This press release includes certain 'forward-looking information' within the meaning of applicable Canadian securities legislation. All statements herein, other than statements of historical fact, constitute forward-looking information. Forward-looking information is frequently, but not always, identified by words such as 'expects', 'anticipates', 'believes', 'intends', 'estimates', 'potential', 'possible', and similar expressions, or statements that events, conditions, or results 'will', 'may', 'could', or 'should' occur or be achieved. Forward-looking information in this press release includes, but is not limited to, statements regarding the issuance, conversion and terms of the Notes; the intended use of proceeds; the Company's aim to provide to investors the potential for significant equity upside; the Company's ability to seize high-potential opportunities and drive sustainable growth across its portfolio; and the Company's vision and business and investment strategies. Forward-looking information reflects the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, without limitation, the Company's ability execute on its vision and business and investment plans; growth and development of decentralized finance and the digital asset sector; rules and regulations with respect to decentralized finance and digital assets; and general business, economic, competitive, political and social uncertainties. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on the forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities 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
Yahoo
a day ago
- Business
- Yahoo
Captor Capital Corp. Drives Strategic Expansion with US$500,000 Bitcoin Acquisition and US$450,000 Convertible Loan Note from European Institutional Investor
TORONTO, May 27, 2025 (GLOBE NEWSWIRE) -- Captor Capital Corp. ('Captor' or the 'Company') (CSE: CPTR) is excited to announce a significant milestone in its growth strategy with the acquisition of US$500,000 in Bitcoin for treasury holdings and the issuance of unsecured convertible loan notes (the 'Notes') in the aggregate amount of US$450,000 to a European-based institutional investor (the 'Noteholder'). These strategic moves reinforce Captor's commitment to innovative financial strategies and delivering exceptional value to its shareholders. The Notes will be convertible into common shares in the capital of Captor (the 'Common Shares') at a price equal to the closing price of the Common Shares trading on the Canadian Securities Exchange (the 'CSE') on the day immediately before the earlier of May 27, 2026 (the 'Maturity Date') or the conversion of the Notes. Key Highlights of the Convertible Loan Note Agreement: Cost-Effective Capital: The Notes, maturing on the Maturity Date, are unsecured and bear interest at a rate of 6.5%, providing Captor with flexible, low-cost capital to support its ambitious growth plans. Flexible Conversion Terms: The Notes may convert into Common Shares under the following conditions: Upon a qualified equity fundraising of US$10 million or more. Following a share sale resulting in a change of control. Prior to the Maturity Date with the consent of the Company. On the Maturity Date, if no prior conversion event occurs and with the consent of the Company. Controlled Transferability: The Notes are transferable only with Captor's written consent and in minimum denominations of US$1,000, ensuring structured and secure transactions. The Notes are not listed on any stock exchange, including the CSE, and no application for listing is currently planned, ensuring a focused and efficient investment structure. Strategic Use of Proceeds The proceeds from the Notes will bolster Captor's general working capital and fuel its dynamic investment strategies, enabling the Company to drive sustainable growth across its diversified portfolio. Leadership Perspective John Zorbas, Director of Captor, commented: 'We are thrilled to partner with a leading institutional investor in this financing. This agreement provides us with the financial flexibility to execute our strategic vision. Combined with our recent Bitcoin acquisition, Captor is well-positioned to capitalize on emerging opportunities and deliver long-term value to our shareholders.' About Captor Capital Corp. Captor Capital Corp. is a forward-thinking Canadian investment firm dedicated to creating shareholder value through strategic financing and high-impact partnerships. By leveraging innovative investment opportunities, including digital assets like Bitcoin, Captor is building a diversified portfolio designed for growth. For Further Information, Please Contact:John Zorbas, DirectorEmail: info@ (416) 827-5109 Forward-Looking Information This press release includes certain 'forward-looking information' within the meaning of applicable Canadian securities legislation. All statements herein, other than statements of historical fact, constitute forward-looking information. Forward-looking information is frequently, but not always, identified by words such as 'expects', 'anticipates', 'believes', 'intends', 'estimates', 'potential', 'possible', and similar expressions, or statements that events, conditions, or results 'will', 'may', 'could', or 'should' occur or be achieved. Forward-looking information in this press release includes, but is not limited to, statements regarding the issuance, conversion and terms of the Notes; the intended use of proceeds; the Company's aim to provide to investors the potential for significant equity upside; the Company's ability to seize high-potential opportunities and drive sustainable growth across its portfolio; and the Company's vision and business and investment strategies. Forward-looking information reflects the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, without limitation, the Company's ability execute on its vision and business and investment plans; growth and development of decentralized finance and the digital asset sector; rules and regulations with respect to decentralized finance and digital assets; and general business, economic, competitive, political and social uncertainties. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on the forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities 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
Daily Mirror
20-05-2025
- Entertainment
- Daily Mirror
Brits blighted by Voice Note Fatigue as ‘quick' messages turn into podcasts
People saw voice notes as an easy way to communicate without having to type on mobile phones but now a growing number want to see them banned after becoming tired of them Brits feel they are now blighted by Voice Note Fatigue as the 'quick' messages from friends have turned into full-scale podcasts. It started as a quick and easy way to stay in touch but Brits are so fed up with voice notes that some even want to see them banned. As many as six in ten (62%) claim they have experienced Voice Note Fatigue (VNF) with 44% listening to them at double speed just to get through them faster, according to new research. While length is an issue for one in three, other frustrations include mumbling, filler words and multi-part voice note epics. Most people would like them capped at two minutes but 14% want them banned altogether, according to the survey by Sky Mobile. Ironically, while most moan about receiving voice notes, we can't stop sending them. Almost three quarters (73%) admit they love recording them, describing them as quicker, more expressive, and easier than typing. Brits also use them because it's easy to send a message hands-free (76%), they feel like a phone call without the pressure (68%) and are more efficient (65%). Ben Case, managing director of connectivity at Sky, said: "Voice notes began as a quick shortcut, but now they're turning into podcasts! 'Whichever way our customers choose to communicate, with Sky Mobile they'll enjoy flexible data plans and 99% coverage, so people can stay connected in a way that suits them." The Voice Note Etiquette Guide Do Keep it brief: Aim for a maximum of two minutes and remember people don't have time for a podcast Be clear and to the point: Rambling and filler worlds are major turn-offs. Get to the point quickly Be aware of background noise: Nobody want to hear your dog barking or train announcements Speak clearly and enthusiastically: Muffled audio and monotone delivery make it hard to engage with your message Don't Send endless voice note chains: Multiple short messages create notification overload and can be frustrating to listen to Send overly long voice notes: Anything over five minutes is pushing it! Monologue message: Acknowledge the recipient and engage in a two-way conversation
Yomiuri Shimbun
20-05-2025
- Automotive
- Yomiuri Shimbun
Nissan's Closure Plan Casting Shadows on Local Communities; Concerns Voiced over Impact on Local Employment, Economy
The Yomiuri Shimbun Nissan Motor Co.'s Oppama plant in Yokosuka, Kanagawa Prefecture Nissan Motor Co.'s envisaged plan to close two plants in Kanagawa Prefecture is casting shadows on the local communities. The company is currently making arrangement to shut down its flagship Oppama plant in Yokosuka and the Shonan plant of its subsidiary Nissan Shatai Co. in Hiratsuka, both in the prefecture. Local governments and businesses have expressed concerns over the adverse impact that the closures would have on the areas. Another blow 'If the plants are closed, it will significantly impact employment and the economy. People in the prefecture are concerned,' said Kanagawa Gov. Yuji Kuroiwa in an emergency meeting with senior prefectural government officials on Monday. He instructed the officials to gather information quickly. Of Nissan's 13,000 or so business partners, Kanagawa Prefecture is home to more than 1,700, according to Tokyo Shoko Research, Ltd. If the Kanagawa plants are shut down, an impact on the local economy will be inevitable. 'Dark clouds are already gathering over the entire automobile industry due to the U.S. government's high tariff policy,' said a man in his 20s working at a Nissan subcontractor developing in-vehicle systems. 'The plant closures would just be another blow to the industry.' The closures would also hit stores in local shopping streets. 'Oppama has developed with Nissan, so I truly hope that the plant here will not be closed,' said the manager of Hokaben Nihontei Oppama-ten, a bento store near the plant. On weekdays, the store sells about 100 bento boxes at lunchtime, and most of them are bought by plant employees or people visiting the plant on business. 'If the plant is closed, we'll certainly be affected,' the manager added. Oppama Shoseikai, a shopping area around Oppama Station, which is on the Keikyu Line and near the plant, is lined with restaurants and food shops frequented by plant employees. 'We have yet to recover from the coronavirus pandemic,' said Toshimi Oda, 68, director of the shopping street's union. 'We feel like salt is being rubbed into our wounds.' The Yomiuri Shimbun Production declines Nissan announced on May 13 that it will shut down seven plants worldwide, including in Japan, by fiscal 2027. It's a 'painful' and 'sad' decision to make, said Nissan President Ivan Espinosa in a news conference about the plan. At that point, the company had not begun to make full-scale arrangements with the local governments concerned or the company's labor union, according to sources. The two plants were apparently picked to be closed due to their aging production facilities and declining operating rates. The Oppama plant, which has an annual production capacity of 240,000 cars, currently manufactures the Note, a compact car, and its derivative models. Up until fiscal 2019, it produced five models, including the Leaf, an EV model. The Shonan plant, which produces commercial vans, currently manufactures only about 20,000 units, despite an annual production capacity of 150,000 units. Nissan has five vehicle production plants in Japan. In addition to the Oppama and Shonan plants, it has one plant in Tochigi Prefecture and two others in Fukuoka Prefecture. An executive of the company said the two Fukuoka plants would be enough to meet demand in Japan at a meeting to discuss how to overhaul the company's production system, according to sources close to the company. The Tochigi plant was reportedly excluded from restructuring plans because it has a test course, which is necessary to develop vehicles, and because the company has invested about ¥33 billion to turn the plant into an EV production center. During the 1990s, Nissan produced more than 2 million cars in Japan. In fiscal 2024, however, the number slipped to the 640,000 level. The proportion of Japan-produced cars in the firm's global production figures dropped from over 70% to about 20% due to the relocation of its production centers to the United States, the automaker's main market, among other factors. In addition, the operating rates of all domestic plants are about 50% due to slumping domestic sales. Nissan's performance is also poor. The company forecasts an operating loss of about ¥200 billion for the quarter through June. It is also saddled with debts totaling about ¥700 billion, including corporate bonds that will reach maturity within the current fiscal year.
Business Wire
19-05-2025
- Business
- Business Wire
BGC Group's FMX Futures Exchange Launches U.S. Treasury Futures
NEW YORK--(BUSINESS WIRE)-- BGC Group, Inc. (Nasdaq: BGC) and ten of the world's leading investment banks and market-making firms today announced FMX Futures Exchange ('the Exchange') has launched U.S. Treasury futures contracts. The Exchange initially launched with 2-year and 5-year contracts on Sunday, May 18, 2025 at 9:00 p.m. ET, for trade date Monday, May 19, 2025. The Exchange launched with SOFR futures in September 2024. The addition of U.S. Treasury futures on the platform adds an important capability for global institutional trading clients, which include some of the world's leading banks, investment firms, and market participants. The Exchange expects to provide clients with significant capital savings through its clearing partnership with LCH Limited, a fully approved CFTC Derivatives Clearing Organization and one of the largest clearinghouses for interest rate swaps in the world. FMX Futures Exchange is a part of FMX Holdings, LLC, which includes the world's fastest growing cash U.S. Treasuries marketplace and a rapidly growing spot Foreign Exchange platform. About BGC Group, Inc. BGC Group, Inc. (Nasdaq: BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. BGC's clients are many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC and leading global investment banks and market making firms have partnered to create FMX, part of the BGC Group of companies, which includes a U.S. interest rate futures exchange, spot foreign exchange platform and the world's fastest growing U.S. cash treasuries platform. For more information about BGC, please visit Discussion of Forward-Looking Statements about BGC Statements in this document regarding BGC that are not historical facts are 'forward-looking statements' that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission ("SEC") filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
