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Heliostar Metals Ltd : Heliostar Announces Closing of $5 6M Brokered Private Placement

Heliostar Metals Ltd.: Heliostar Announces Closing of $5.6M Brokered Private Placement Heliostar or the Company ) is pleased to announce that, further to its news releases dated April 8, 2021 and April 14, 2021, it has closed its marketed private placement offering of 5,348,616 units (the Units ) at a price of $1.05 per Unit for gross proceeds of $5,616,047 (the Offering ). As previously announced, the Offering was made pursuant to an agreement with Canaccord Genuity Corp., as lead agent, on behalf of a syndicate of agents including Sprott Capital Partners LP. Haywood Securities Inc. and Agentis Capital (collectively, the Agents ). Common Share ) and one half of one common share purchase warrant (each whole warrant a

Motherson Sumi Systems gets shareholders nod for proposed restructuring

Auto components major Motherson Sumi Systems Ltd (MSSL) on Friday said its public shareholders have voted in favour of its proposed group restructuring under which it will demerge its domestic wiring harness (DWH) business into a new company that will eventually be listed. As part of the restructuring which was announced in July last year, after the demerger of DWH, group firm Samvardhana Motherson International Ltd (SAMIL) is to be merged into MSSL to consolidate 100 per cent shareholding in Samvardhana Motherson Automotive Systems Group BV (SMRP BV) as well as to bring all auto component and allied businesses in SAMIL under MSSL.

Tethys Petroleum Corporate | The Kingston Whig Standard

Tethys” or the “ Company“) today announces that it has completed the previously announced private placement with Pope Investments II, LLC. We apologize, but this video has failed to load. Try refreshing your browser. Tethys Petroleum Corporate Update Back to video Pope Investments II, LLC acquired 2,592,115 ordinary shares of Tethys Petroleum. The price for the shares is .67 CAD per share for total proceeds to Tethys CAD$1,736,717. The placement is to Pope Investments II, LLC, an investment fund managed by Pope Asset Management, LLC. William Wells, the Chairman of Tethys Petroleum is the President of Pope Asset Management, LLC and has a minority ownership interest in Pope Investments II, LLC. The private placement is considered a Related Party Transaction as defined under Multilateral Instrument 61-101 since Mr. Wells is the Chairman of the Company. The transaction is exempt from the valuation and minority shareholder requirements thereunder since the consideration in th

Tethys Petroleum Limited: Tethys Petroleum Corporate Update

Tethys Petroleum Limited: Tethys Petroleum Corporate Update Tethys or the Company ) today announces that it has completed the previously announced private placement with Pope Investments II, LLC. Pope Investments II, LLC acquired 2,592,115 ordinary shares of Tethys Petroleum. The price for the shares is .67 CAD per share for total proceeds to Tethys CAD$1,736,717. The placement is to Pope Investments II, LLC, an investment fund managed by Pope Asset Management, LLC. William Wells, the Chairman of Tethys Petroleum is the President of Pope Asset Management, LLC and has a minority ownership interest in Pope Investments II, LLC. The private placement is considered a Related Party Transaction as defined under Multilateral Instrument 61-101 since Mr. Wells is the Chairman of the Company. The transaction is exempt from the valuation and minority shareholder requirements thereunder since the consideration in the transaction is less than 25% of the market capitalization of the Company.

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