MONTREAL, Dec. 31, 2020 (GLOBE NEWSWIRE)
Xebec Adsorption Inc. (TSXV: XBC) (“
Xebec” or the “
Corporation”), a global provider of clean energy solutions, is pleased to announce that it has closed its previously announced acquisition of Green Vision Holding B.V., the parent company of HyGear Technology and Services B.V. (“
HyGear”) for aggregate consideration of €82.0 million (approximately $127.3 million) and the assumption of €18.4 million (approximately $28.6 million) in net debt (the “
Acquisition”). The purchase price for the Acquisition was satisfied by way of a cash payment in the amount of €42.0 million (approximately $65.2 million) and the issuance of 10,014,364 common shares of Xebec.
HyGear was founded in 2002 in Arnhem, The Netherlands, as a clean-tech company specializing in the on-site production and recovery of industrial gases. HyGear is an emerging developer, manufacturer, and supplier of technology and products for the production, rec
MONTREAL, Dec. 31, 2020 (GLOBE NEWSWIRE)
Xebec Adsorption Inc. (TSXV:XBC) (
Xebec or the
Corporation ), a global provider of clean energy solutions, is pleased to announce that it has closed its previously announced acquisition of Green Vision Holding B.V., the parent company of HyGear Technology and Services B.V. (
HyGear ) for aggregate consideration of €82.0 million (approximately $127.3 million) and the assumption of €18.4 million (approximately $28.6 million) in net debt (the
Acquisition ). The purchase price for the Acquisition was satisfied by way of a cash payment in the amount of €42.0 million (approximately $65.2 million) and the issuance of 10,014,364 common shares of Xebec.
HyGear was founded in 2002 in Arnhem, The Netherlands, as a clean-tech company specializing in the on-site production and recovery of industrial gases. HyGear is an emerging developer, manufacturer, and supplier of technology and products for the production, recovery, purificati
Generation, Hemosternix, Organic Garage at 52-week highs on News Generation Mining Limited (T.GENM) hit a new 52-week high of 82 cents on Thursday. Generation Mining has closed its previously announced non-brokered private placement through the issuance of 4,292,367 common shares of the Company issued on a flow-through basis at a price of C$0.77 per FT Share for gross proceeds of $3,305,122.59. Eric Sprott purchased 2,000,000 FT Shares of the Offering.
Hemostemix Inc. (V.HEM) hit a new 52-week high of 73 cents on Thursday. Hemostemix has closed its previously announced non-brokered private placement of units announced on December 18, 2020, for gross proceeds of $2,750,000. The Offering consisted of the issuance of an aggregate of 9,166,667 post -consolidated Units at a price of $0.30 per Unit. Each Unit consists of one post-consolidated common share in the capital of the Company and one post-consolidated common share purchase warrant, with each full Warrant entitling t
BMO tops Canadian equity sales ranking for first time in a decade
Kevin Orland, Bloomberg News VIDEO SIGN OUT
Bank of Montrealâs capital-markets division grabbed the top spot for Canadian equity sales in 2020, leading the ranking for the first time in a decade as the coronavirus pandemic pushed companies to stockpile cash.
BMO Capital Markets advised on 52 equity and equity-linked issues with a total value of $3.76 billion. Overall, Canada saw 488 issues with a total value of $36.6 billion. Thatâs up 22 per cent from 2019 but 5.5 per cent below average for the previous five years. The rankings and data are as of Dec. 30 and may change as more deals are recorded.
IMPORTANT NOTICES Neither this Announcement (including the information contained in them), nor any copy of it, may be taken or transmitted, published or distributed, directly or indirectly, in or into the United States, Australia, Canada, Japan, New Zealand or the Republic of South Africa or to any persons in any of those jurisdictions or any other jurisdiction where to do so would constitute a violation of the relevant securities laws of such jurisdiction. This Announcement is for information purposes only and does not constitute an offer to sell or issue, or the solicitation of an offer to buy, acquire or subscribe for any shares in the capital of the Company in the United States, Australia, Canada, Japan, New Zealand or the Republic of South Africa or any other state or jurisdiction in which such offer or solicitation is not authorised or to any person to whom it is unlawful to make such offer or solicitation. Any failure to comply with these restrictions may constitute a v