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Yangaroo Inc.: Yangaroo Completes Acquisition of Digital Media Services

Yangaroo Inc.: Yangaroo Completes Acquisition of Digital Media Services
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exactEarth Announces $6 Million Revolving Credit Facility from National Bank of Canada


exactEarth Announces $6 Million Revolving Credit Facility from National Bank of Canada
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CAMBRIDGE, ON, April 26, 2021 /CNW/ - exactEarth Ltd. ( the Company ) (TSX: XCT), a leading provider of Satellite-AIS data services announces that it has entered into a new credit facility ( Credit Facility ) that provides for a $6 million secured revolving operating line with National Bank of Canada s ( NBC ) Technology and Innovation Banking Group. The Credit Facility is undrawn as of today s date.
We are very pleased to partner with NBC on this important transaction and to further strengthen our financial foundation and flexibility, said Sean Maybee, CFO at exactEarth. This agreement is an important milestone that reflects the achievements we have made recently to generate strong revenue growth and positive Adjusted EBITDA, as well as confidence in our overall strategic outlook and growth potential. ....

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Blackline Safety Recurring Revenue Business Model Enables New $15M Financing Facility From National Bank of Canada


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Blackline Safety Corp. (TSX.V: BLN), a technology company with recurring revenue and a strong working capital position, today announced the recent closing of a financing facility offer of $15 million with National Bank of Canada. The company worked with the Bank’s Technology and Innovation Banking Group, which offers specialized support to fast-growing technology businesses across Canada. This new credit instrument further increases Blackline’s financial flexibility beyond its current enhanced capitalized position following the closing of a Brokered Private Placement in September 2020.
“We’re pleased to partner with National Bank for this new chapter in our growth trajectory. This recurring revenue-based financing facility will provide Blackline with an even more flexible working capital strategy, ensuring that we are more prepared to scale our business and deploy connected safety and w ....

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